Air management

Global Air Management Systems Market To Reach $ 6.9 Billion By 2026


FACTS AT A GLANCE
Editing: 5; Posted: April 2021
Executive pool: 1083
Companies: 48 – Actors covered include Aero Fluid Products; Aeronautics BV; Collins Aerospace; Diehl Stiftung & Co. KG; Honeywell International, Inc .; Liebherr Group; Meggitt PLC; Shimadzu Company; United Technologies Corporation (UTC) et al.
Blanket: All major geographies and key segments
Segments: Component (on-board oxygen generation system, sensors, valves, air cycle machines, heat exchangers, other components); System (thermal management, engine air bleed, oxygen system, fuel tank inerting, cabin pressure control, frost protection)
Geographies: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; UK; Spain; Russia; and rest of Europe); Asia Pacific (Australia; India; South Korea; and rest of Asia Pacific); Latin America (Argentina; Brazil; Mexico; and rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and rest of Middle East); and Africa.

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ABSTRACT-

Global Air Management Systems Market To Reach $ 6.9 billion by 2026
In the midst of the COVID-19 crisis, the global air management systems market is estimated at US $ 5.1 billion in 2020, is expected to reach a revised size of US $ 6.9 billion by 2026, with a CAGR of 4.8% over the analysis period. Thermal management, one of the segments analyzed in the report, is expected to register a CAGR of 5.7% and reach US $ 1.9 billion at the end of the analysis period. After a thorough analysis of the business implications of the pandemic and the induced economic crisis, the growth of the Engine Bleed Air segment is readjusted to a revised CAGR of 5.1% for the next 7 year period.

The US market is estimated at $ 1.5 billion in 2021, when China is expected to reach $ 1.4 billion by 2026
The United States air management systems market is estimated at US $ 1.5 billion in 2021. China, the world’s second-largest economy, is expected to reach a projected market size of 1.4 billion US dollars by 2026, with a CAGR of 7.5% over the analysis period. Other notable geographic markets include Japan and Canada, each projects growth of 2.6% and 4.4% respectively over the analysis period. In Europe, Germany is expected to grow by about 3% CAGR.

Segment of the oxygen system to be reached $ 1 billion by 2026
In the global oxygen systems segment, United States, Canada, Japan, China and Europe will drive the estimated 3.6% CAGR for this segment. These regional markets representing a combined market size of US $ 609.7 million in 2020 will reach a projected size of US $ 782.5 million before the end of the analysis period. China will remain among the most dynamic of this group of regional markets. Led by countries such as Australia, India, and South Korea, the market of Asia Pacific should reach US $ 136.2 million by 2026, while Latin America will increase at a 5% CAGR throughout the analysis period. Following

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