The Air Management System Global Market Report 2023, provides comprehensive information on the air management system market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
Learn More On The Air Management System Market’s Growth:
As per The Business Research Company’s Air Management System Global Market Report 2023, the market is expected to grow from $5.30 billion in 2022 to $5.72 billion in 2023 at a compound annual growth rate (CAGR) of 7.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The air management system market is expected to reach $7.52 billion in 2027 at a CAGR of 7.1%.
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Technology advancements are a key trend gaining popularity in the air management system market. Major companies operating in the air management system market are developing new technologies to sustain their position in the market. For instance, in March 2021, Altitude Angel, a UK-based aerospace company, launched GuardianUTM Enterprise, a next-generation airspace management solution technology. This technology provides a unified view of the airspace surrounding airports. It provides a ‘one-stop’ solution for airports to begin designing and providing UTM Services for drone companies and operators, leveraging Altitude Angel’s proven digital authorization and flight management technology.
The air management system market is segmented:
1) By System: Thermal Management System, Engine Bleed Air System, Oxygen Systems, Fuel Tank Interting Systems, Cabin Pressure Control System, Ice Protection System
2) By Platform: Fixed Wing, Rotary Wing
3) By Aircraft: Narrow Body, Wide Body
North America was the largest region in the air management system market in 2022.
The table of contents in TBRC’s air management system market report includes:
- Executive Summary
- Market Characteristics
- Market Trends And Strategies
- Competitive Landscape And Company Profiles
- Key Mergers And Acquisitions
- Future Outlook and Potential Analysis
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The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries. Through the report businesses can gain a thorough understanding of the market’s size, growth rate, major drivers and leading players.
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