The major advantage of market for air management systems is the technological enhancement in air traffic. The enhancement of technologies in the air management is resulting in efficient performance of air management systems. The up gradation of conventional sensors with latest sensors which results in accurate results, and technologically robust heat exchangers is also helping in coherent performance of the aircraft, thus helping the air management system to perform smoothly. Moreover, the growing use of electronics and electrical systems in the aircrafts is demanding for more efficient thermal management system. The increased usage of electronics and electrical systems in an aircraft results in increased heat loss, which hampers the system’s performance. Thus, the enhanced thermal management system on an aircraft can reduce the heat loss which in turn increases the performance, and hence helps the market for air management system to surge over the period.
The major restraining factor for the air management system is the challenge faced during modernization of older aircrafts with the latest technologies. The installation of technologically advanced systems of an aircraft in order to modernize the aircraft is a major challenge for the aircraft companies. Owing to this fact, the backlog of modernization of aircrafts in the commercial as well as in military forces is increasing, which is impacting negatively on the growth of the market for air management systems.
The air space in the emerging nations is witnessing a significant surge in the business or private jets. The increase in business jets is demanding for more robust technologies in order to have a safe flight operation. This factor is anticipated to drive the market for air management systems heavily in the coming years.
The market for air management systems is segmented on basis of systems, components, platform and geography. The various systems used in air management systems includes, thermal management systems, engine bleed air systems, oxygen systems, cabin pressure control systems, fuel tank inerting systems and ice protection systems. The thermal management systems is further segmented as air conditioning systems, supplement cooling systems, fluid and hydraulic cooling systems. The oxygen systems is sub segmented as continuous flow systems, pressure demand systems and portable oxygen systems. The ice protection systems are de-icing systems and anti-icing systems. The thermal management systems led the market for air management systems globally in 2016.
The different components used in an air management systems are fixed oxygen generation systems air cycle machine, air separator market, heat exchangers, and air mixer among others. As the fixed oxygen generation systems is used to supply pressurized air to the aircraft cabin, the segment is an essential component, and due to this, the segment dominated the market in 2016. Based on platform, the air management market is segmented on basis of fixed wing aircrafts, and rotary wing aircrafts. The fixed wing aircraft segment is further segmented as commercial fixed wing aircraft and military fixed wing aircraft. The rotary wing aircraft segment is sub segmented as commercial rotary wing aircraft and military rotary wing aircraft. The fixed wing aircraft segment dominated the market for air management systems in 2016. Geographically, the air management systems market is segmented on basis of five strategic regions globally as North America, Europe, Asia Pacific, Middle East and Africa and Latin America. Due to presence of major aircraft companies in the region, North America accounted for the largest market share in 2016.
The major participants operating in the market for air management systems includes Honeywell International Inc. (U.S), Zodiac Aerospace (France), United Technologies Corporation (U.S), Dukes Aerospace Inc. (U.S), Rockwell Collins, Inc. (U.S), Meggitt PLC (U.K), Liebherr Group (Germany), Aeronamic Aircraft Subsystems (Netherlands), Shimadzu Corporation (Japan), Diehl Stiftung & Co. Kg. (Germany).
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:
- Customer Experience Maps
- Insights and Tools based on data-driven research
- Actionable Results to meet all the business priorities
- Strategic Frameworks to boost the growth journey
The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.
The following regional segments are covered comprehensively:
- North America
- Asia Pacific
- Latin America
- The Middle East and Africa
The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.
Below is a snapshot of these quadrants.
1. Customer Experience Map
The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.
2. Insights and Tools
The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.
3. Actionable Results
The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.
4. Strategic Frameworks
The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.
The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:
1. What can be the best investment choices for venturing into new product and service lines?
2. What value propositions should businesses aim at while making new research and development funding?
3. Which regulations will be most helpful for stakeholders to boost their supply chain network?
4. Which regions might see the demand maturing in certain segments in near future?
5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?
6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?
7. Which government regulations might challenge the status of key regional markets?
8. How will the emerging political and economic scenario affect opportunities in key growth areas?
9. What are some of the value-grab opportunities in various segments?
10. What will be the barrier to entry for new players in the market?
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.