Detroit, Aug. 02, 2018 (GLOBE NEWSWIRE) -- Stratview Research announces the launch of a new market research report on Aircraft Air Management Systems Market by System Type (Thermal Management System, Engine Bleed Air System, Oxygen System, Fuel Tank Inerting System, Cabin Pressure Control System, and Ice Protection System), by Platform Type (Fixed Wing and Rotary Wing), by Component Type (Onboard Oxygen Generation System, Sensors, Valves, Air Cycle Machines, Heat Exchangers, Air Separator Modules, Controlling and Monitoring Electronic Units, Air Mixtures, and Condenser and Evaporator) and by Region (North America, Europe, Asia-Pacific, and Rest of the World), Trend, Forecast, Competitive Analysis, and Growth Opportunity: 2018-2023.
Global Aircraft Air Management Systems Market: Highlights
As per Stratview Research, the global market for aircraft management systems is likely to flourish at a healthy CAGR of 5.6% during the forecast period. Increasing aircraft production to support the rising air passenger traffic, advancement in the air management system technologies addressing current market needs, the introduction of the lightweight system, and increasing aircraft upgrades to provide excellent customer experience are some of the major factors that are burgeoning the demand for air management systems in the aircraft industry.
Among the various systems type, the thermal management segment currently dominates the market and is projected to maintain its dominance over the next five years as well.
Based on the component type, onboard oxygen generation system currently dominates the market. The system works in tandem with other components like engine bleed air system, shutoff valve, heat exchangers, oxygen concentrator, plenum, and regulators.
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Key aircraft air management system manufacturers are Liebherr Group, United Technologies Corporation, Honeywell International, Inc., Zodiac Aerospace, Meggitt Plc, Rockwell Collins, Inc., Diehl Stiftung & Co. Kg, Shimadzu Corporation, Dukes Aerospace Inc, and Aeronamic Aircraft Subsystems.
About Stratview Research
Stratview Research is a global market intelligence firm providing wide range of services including syndicated market reports, custom research and sourcing intelligence across industries such as Advanced Materials, Aerospace & Defense, Automotive & Mass Transportation, Consumer Goods, Construction & Equipment, Electronics and Semiconductors, Energy & Utility, Healthcare & Life Sciences and Oil & Gas.