Claim 30% Off Global Market Reports With Code ONLINE30 – Insights on Tariff Effects, Global Trade, and Industry Disruptors

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How Much Will The Air Management System Market Be Worth By 2029?

There has been a significant increase in the size of the air management system market in the past few years. Projected growth indicates that this market will expand from $6.03 billion in 2024 to $6.43 billion in 2025, reflecting a compound annual growth rate (CAGR) of 6.7%. Factors contributing to past growth include the impacts of industrial revolution and urbanization, a focus on health and disease prevention, requirements for occupational safety, a heightened awareness of the environment and effective pollution control, as well as the influence of the aerospace and aviation industry.

The market size for the air management system is projected to witness a substantial increase in the upcoming years. It is predicted to reach $8.34 billion by 2029, with a compound annual growth rate (CAGR) of 6.7%. The anticipated growth during this period is likely due to an emphasis on indoor air quality (IAQ), readiness for health emergencies, the implementation of intelligent building technologies, the enhancement of productivity and wellness in the workplace, as well as the escalating need in healthcare facilities. Foreseen trends during this forecast period consist of personal air regulation, UV-C and other sterilization technologies, the integration of natural ventilation, zero-energy structures, and monitoring and regulating through cloud-based platforms.

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What Are The Primary Factors Supporting The Air Management System Market Expansion?

The air management system market is projected to expand, driven by increased air traffic. The term “air traffic” encompasses the movement of aircraft, such as planes and helicopters, in the airspace, including their take-off, landing, and navigation. Air management systems, used by air traffic controllers, provide real-time information about factors like aircraft location, altitude, and speed. For example, a report from the Bureau of Transportation Statistics, a government agency in the US, revealed that in March 2023, US airlines served 194 million more passengers in 2022 compared to 2021, which is a 30% year-on-year increase. Moreover, airlines in the US reported that the number of passengers transported in 2022, from January to December, increased to 853 million from 658 million in 2021. Consequently, the surge in air traffic is fuelling the growth of the air management market.

How Is The Global Air Management System Market Broken Down By Segment?

The air management system market covered in this report is segmented –

1) By System: Thermal Management System, Engine Bleed Air System, Oxygen Systems, Fuel Tank Inerting Systems, Cabin Pressure Control System, Ice Protection System

2) By Platform: Fixed Wing, Rotary Wing

3) By Aircraft: Narrow Body, Wide Body

Subsegments:

1) By Thermal Management System: Cabin Heating Systems, Cabin Cooling Systems, Engine Cooling Systems, Other Thermal Management Solutions

2) By Engine Bleed Air System: Bleed Air Control Valves, Ducting And Piping, Sensors And Monitoring Equipment

3) By Oxygen Systems: Portable Oxygen Systems, Onboard Oxygen Generation Systems, Oxygen Delivery Devices

4) By Fuel Tank Inerting Systems: Fuel Tank Inerting Control Systems, Inert Gas Generating Systems, Sensors And Monitoring Equipment

5) By Cabin Pressure Control System: Pressure Control Valves, Cabin Pressure Sensors, Control Panels

6) By Ice Protection System: De-Icing Systems, Anti-Icing Systems, Ice Detection Sensors

Which Trends Are Likely To Redefine Growth Paths In The Air Management System Market?

Rapid advancements in technology are emerging as a crucial trend in the air management system market. Major industry players are innovating and building new technologies to maintain their market dominance. For instance, in February 2023, a cutting-edge Complete Air Management System was launched by a Japanese electronic giant. This comprehensive system, created in collaboration with Suetrong Property (a Thailand-based property development firm), boasts of sophisticated technology for tailored air quality control. It employs a hybrid-link operation that harmoniously syncs air conditioning and ventilation. Additionally, its nanoe X technology is designed to fight allergens, bacteria, and viruses effectively, promising healthier indoor spaces in residential developments.

Which Firms Are Making The Biggest Impact In The Air Management System Market?

Major companies operating in the air management system market include Raytheon Technologies Corporation, United Technologies Corp., The Boeing Company, Lockheed Martin Corporation, Northrop Grumman Corporation, Honeywell International Inc., Air Liquide S.A., GE Aviation, Safran SA, Eaton Corporation, Rolls Royce PLC, Parker Hannifin Corporation, Liebherr-International AG, Air Products Membrane Solutions, SMC Corporation, Bombardier Inc., Rockwell Collins, Diehl Aviation, Emerson Electric Co., Shimadzu Corporation, Bell Helicopter Inc., Zodiac Aerospace, HEICO, Meggit PLC, Kelvion, Barnes Aerospace, Dukes Aerospace Inc., Aeronamic Aircraft Subsystems, Elmelin, Airborne ECS

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Which Geographic Regions Are Creating Strong Demand In The Air Management System Market?

North America was the largest region in the air management system market in 2024. The regions covered in the air management system market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

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