North America Air Management System Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Component (On-Board Oxygen Generation System, Sensors, Condenser & Evaporator, Air Cycle Machines, Control & Monitoring Electronics Units, and Others), System (Thermal Management System, Ice Protection System, Cabin Pressure Control System, Fuel Tank Inerting System, Oxygen System, and Engine Bleed Air System), and Platform (Fixed Wing and Rotary Wing)
Market Introduction
North America is the largest aerospace market globally, characterized by the presence of various commercial and military aircraft manufacturers and MRO service providers. The North America aerospace industry has flourished due to the high inclination toward adopting new technologies and the presence of skilled workforce, high GDP, favorable economic policies, and high GDP per capita. Boeing, Bombardier, Gulfstream Aerospace, American Champion Aircraft, Cirrus Aircraft, Thrush Aircraft LLC, Northrop Grumman, Piper Aircraft Inc., Textron, and Lockheed Martin are some of the leading aircraft manufacturers operating in the region. These aircraft manufacturers have their various manufacturing facilities in this region and produce noteworthy aircraft models. According to the General Aviation Aircraft Shipment Report, in 2018, 2019, and 2020, the region witnessed 1871, 1917, and 1655 general aviation aircraft fleets deliveries, respectively. Moreover, the US is the largest military spender globally and is known for allocating substantial amounts from the defense budget to procure advanced combat and transport aircraft, which is another factor contributing to the high market share of the air management system in North America. For instance, In May 2021, the US government awarded Lockheed Martin a contract of US$ 14 billion for developing F-16 Fighting Falcon fighter jets for Bahrain, Slovakia, Bulgaria, Taiwan, and Morocco. In June 2020, a US$ 1.2 billion contract was awarded to Boeing to supply eight F-15EX fighter aircraft to the Department of the Air Force, US. Meanwhile, the rising military and commercial air traffic in the region is boosting the demand for MRO services in North America, bolstering the air management system market.
The US has witnessed the most severe impact of COVID-19 in 2020. The region's aircraft manufacturers and service providers had been affected due to nationwide lockdowns and travel restrictions, shutting down of aircraft production facilities, and shortage of employees. The massive outbreak of the virus has created both a health crisis and an economic crisis in the US. It has led to major disruptions in the aerospace industry, impacting everything from supply chain and manufacturing to product sales. The pandemic has reached an unprecedented level for the airline industry in North America, with increasing net losses and delays in recovery. North America's aircraft industry was one of the strongest performers in the pre-crisis period. Also, as per the current scenario, after the discovery of new variant patients of COVID-19 (Omicron), the North American countries have restricted their borders for flights African countries in order to take safety precaution for the spread of disease. The region is expecting market recovery from economic disruption by the end of 2027. Recovery in demands for commercial, military, and general aviation aircraft, along with helicopters, for different applications is anticipated to boost manufacturing and sales of the air management systems in the region.
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Market Overview and Dynamics
The air management system market in North America is expected to grow from US$ 1,828.19 million in 2021 to US$ 2,769.96 million by 2028; it is estimated to grow at a CAGR of 6.1% from 2021 to 2028. With the reopening of economies and the travel industry pacing up in the region, the demand for aircraft production and deliveries is upsurging. This factor is pointing toward a rise in demand for aircraft air management systems, boosting the air management system market. Also, key market players, such as Collins Aerospace, Honeywell International, and Parker Hannifin, have their headquarters in the region, which is a key factor for the growth of the air management system market.
Key Market Segments
North America air management system market is segmented into component, system, platform, and country. Based on components, the North America air management system market is segmented into on-board oxygen generation system, sensors, condenser and evaporator, air cycle machines, control and monitoring electronic units, and others. In 2020, air cycle machines segment dominated the market. Based on system, the North America air management system market is segmented into thermal management system, ice protection system, cabin pressure control system, fuel tank inerting system, oxygen system, and engine bleed air system. In 2020, thermal management system accounted for the largest share in the North America air management system market. Based on the platform, the North America air management system market is segmented into fixed wing and rotary wing. In 2020, fixed wing aircraft platform dominated the market. Based on country, the North America air management system market is segmented into US, Canada, and Mexico. US held the largest market share in 2020.
Major Sources and Companies Listed
A few major primary and secondary sources referred to for preparing this report on the air management system market in North America are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are AMETEK Inc., BOYD Corporation, Collins Aerospace, Diehl Stiftung & Co. KG, Honeywell International Inc., Liebherr-International Deutschland GmbH, Meggitt PLC, Parker Hannifin Corporation, Safran Electronics & Defense, and Shimadzu Corporation.
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- To understand the North America air management system market landscape and identify market segments that are most likely to guarantee a strong return.
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North America Air Management System Market Segmentation
North America Air Management System Market - By Component
- On-Board Oxygen Generation System
- Sensors
- Condenser & Evaporator
- Air Cycle Machines
- Control & Monitoring Electronics Units
- Others
North America Air Management System Market - By System
- Thermal Management System
- Ice Protection System
- Cabin Pressure Control System
- Fuel Tank Inerting System
- Oxygen System
- Engine Bleed Air System
North America Air Management System Market - By Platform
- Fixed Wing
- Rotary Wing
North America Air Management System Market - By Country
- US
- Canada
- Mexico
North America Air Management System Market - Company Profiles
- AMETEK Inc.
- BOYD Corporation
- Collins Aerospace
- Diehl Stiftung & Co. KG
- Honeywell International Inc.
- Liebherr-International Deutschland GmbH
- Meggitt PLC
- Parker Hannifin Corporation
- Safran Electronics & Defense
- Shimadzu Corporation
1. Introduction
1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. North America Air Management System Market Landscape
4.1 Market Overview
4.2 Porter’s Five Force Analysis
4.2.1 Bargaining Power of Buyers
4.2.2 Bargaining Power of Suppliers
4.2.3 Threat to New Entrants
4.2.4 Threat to Substitutes
4.2.5 Competitive Rivalry
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. North America Air Management System Market – Key Industry Dynamics
5.1 Market Drivers
5.1.1 High Demand for New General Aviation Aircraft Deliveries
5.1.2 Rising Need for Aviation Retrofit & Upgrades
5.2 Market Restraints
5.2.1 Higher Lifespan of Air Management Systems
5.3 Market Opportunities
5.3.1 Huge Aircraft Deliveries in Future Expected to Generate Market Opportunities
5.4 Future Trends
5.4.1 Technological Enhancements in Air Management Systems Such as Implementation of Smart Sensors
5.5 Impact Analysis of Drivers and Restraints
6. Air Management System Market – North America Analysis
6.1 North America Air Management System Market Overview
6.2 North America Air Management System Market Forecast and Analysis
7. North America Air Management System Market Analysis – By Component
7.1 Overview
7.2 North America Air Management Systems Market, By Component (2020 and 2028)
7.3 On-board Oxygen Generation System
7.3.1 Overview
7.3.2 On-board Oxygen Generation System: Air Management System Market – Revenue, and Forecast to 2028 (US$ Million)
7.4 Sensors
7.4.1 Overview
7.4.2 Sensors: Air Management System Market – Revenue, and Forecast to 2028 (US$ Million)
7.5 Condenser & Evaporator
7.5.1 Overview
7.5.2 Condenser & Evaporator: Air Management System Market – Revenue, and Forecast to 2028 (US$ Million)
7.6 Air Cycle Machines
7.6.1 Overview
7.6.2 Air Cycle Machines: Air Management System Market – Revenue, and Forecast to 2028 (US$ Million)
7.7 Control & Monitoring Electronics Units
7.7.1 Overview
7.7.2 Control & Monitoring Electronics Units: Air Management System Market – Revenue, and Forecast to 2028 (US$ Million)
7.8 Others
7.8.1 Overview
7.8.2 Others: Air Management System Market – Revenue, and Forecast to 2028 (US$ Million)
8. North America Air Management System Market Analysis – By System
8.1 Overview
8.2 North America Air Management Systems Market, By System (2020 and 2028)
8.3 Thermal Management System
8.3.1 Overview
8.3.2 Thermal Management System: Air Management System Market – Revenue, and Forecast to 2028 (US$ Million)
8.4 Ice Protection System
8.4.1 Overview
8.4.2 Ice Protection System: Air Management System Market – Revenue, and Forecast to 2028 (US$ Million)
8.5 Cabin Pressure Control System
8.5.1 Overview
8.5.2 Cabin Pressure Control System: Air Management System Market – Revenue, and Forecast to 2028 (US$ Million)
8.6 Fuel Tank Inerting System
8.6.1 Overview
8.6.2 Fuel Tank Inerting System: Air Management System Market – Revenue, and Forecast to 2028 (US$ Million)
8.7 Oxygen System
8.7.1 Overview
8.7.2 Oxygen System: Air Management System Market – Revenue, and Forecast to 2028 (US$ Million)
8.8 Engine Bleed Air System
8.8.1 Overview
8.8.2 Engine Bleed Air System: Air Management System Market – Revenue, and Forecast to 2028 (US$ Million)
9. North America Air Management System Market Analysis – By Platform
9.1 Overview
9.2 North America Air Management Systems Market, By Platform (2020 and 2028)
9.3 Fixed Wing
9.3.1 Overview
9.3.2 Fixed Wing: Air Management System Market – Revenue, and Forecast to 2028 (US$ Million)
9.4 Rotary Wing
9.4.1 Overview
9.4.2 Rotary Wing: Air Management System Market – Revenue, and Forecast to 2028 (US$ Million)
10. North America Air Management System Market – Country Analysis
10.1 Overview
10.1.1 North America: Air Management System Market, by Key Country
10.1.1.1 US: Air Management System Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.1.1 US: Air Management System Market, By Component
10.1.1.1.2 US: Air Management System Market, by System
10.1.1.1.3 US: Air Management System Market, by Platform
10.1.1.2 Canada: Air Management System Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.2.1 Canada: Air Management System Market, By Component
10.1.1.2.2 Canada: Air Management System Market, by System
10.1.1.2.3 Canada: Air Management System Market, by Platform
10.1.1.3 Mexico: Air Management System Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.3.1 Mexico: Air Management System Market, By Component
10.1.1.3.2 Mexico: Air Management System Market, by System
10.1.1.3.3 Mexico: Air Management System Market, by Platform
11. Impact Of COVID-19 Pandemic on North America Air Management System Market
11.1 North America: Impact Assessment of COVID-19 Pandemic
12. Industry Landscape
12.1 Overview
12.2 Market Initiative
12.3 New Product Development
13. COMPANY PROFILES
13.1 Parker Hannifin Corporation
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 Honeywell International Inc.
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 Diehl Stiftung & Co. KG
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 Collins Aerospace
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 Liebherr-International Deutschland GmbH
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 Meggitt PLC
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 Safran Electronics & Defense
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 SHIMADZU CORPORATION
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
13.9 AMETEK Inc.
13.9.1 Key Facts
13.9.2 Business Description
13.9.3 Products and Services
13.9.4 Financial Overview
13.9.5 SWOT Analysis
13.9.6 Key Developments
13.10 BOYD Corporation
13.10.1 Key Facts
13.10.2 Business Description
13.10.3 Products and Services
13.10.4 Financial Overview
13.10.5 SWOT Analysis
13.10.6 Key Developments
14. Appendix
14.1 About The Insight Partners
14.2 Word Index
LIST OF TABLES
Table 1. North America Air Management System Market: Revenue and Forecasts to 2028 (US$ Mn)
Table 2. North America: Air Management System Market, by Country – Revenue and Forecast to 2028 (US$ Million)
Table 3. US: Air Management System Market, By Component– Revenue and Forecast to 2028 (US$ Million)
Table 4. US: Air Management System Market, by System – Revenue and Forecast to 2028 (US$ Million)
Table 5. US: Air Management System Market, by Platform – Revenue and Forecast to 2028 (US$ Million)
Table 6. Canada: Air Management System Market, By Component– Revenue and Forecast to 2028 (US$ Million)
Table 7. Canada: Air Management System Market, by System – Revenue and Forecast to 2028 (US$ Million)
Table 8. Canada: Air Management System Market, by Platform – Revenue and Forecast to 2028 (US$ Million)
Table 9. Mexico: Air Management System Market, By Component– Revenue and Forecast to 2028 (US$ Million)
Table 10. Mexico: Air Management System Market, by System – Revenue and Forecast to 2028 (US$ Million)
Table 11. Mexico: Air Management System Market, by Platform – Revenue and Forecast to 2028 (US$ Million)
Table 12. List of Abbreviation
LIST OF FIGURES
Figure 1. North America Air Management System Market Segmentation
Figure 2. North America Air Management System Market Segmentation – By Country
Figure 3. North America Air Management System Market Overview
Figure 4. Air Cycle Machines Held The Highest Share In North America Air Management System Market In 2020
Figure 5. Thermal Management Systems Held the Highest Share in North America Air Management System Market in 2020
Figure 6. Fixed Wing Held the Highest Share in North America Air Management System Market in 2020
Figure 7. North America Air Management System Market, by Country
Figure 8. Air Management System Market– Porter’s Analysis
Figure 9. Ecosystem Analysis
Figure 10. Expert Opinion
Figure 11. Aircraft Delivery by Airbus and Boeing in 2019, 2020, and 2021
Figure 12. North America Air Management System Market: Impact Analysis of Drivers and Restraints
Figure 13. North America Air Management System Market Forecast and Analysis, (US$ Mn)
Figure 14. North America Air Management System Market Revenue Share, by Component (2020 and 2028)
Figure 15. North America On-board Oxygen Generation System: Air Management System Market – Revenue, and Forecast to 2028 (US$ Million)
Figure 16. North America Sensors: Air Management System Market – Revenue, and Forecast to 2028 (US$ Million)
Figure 17. North America Condenser & Evaporator: Air Management System Market – Revenue, and Forecast to 2028 (US$ Million)
Figure 18. North America Air Cycle Machines: Air Management System Market – Revenue, and Forecast to 2028 (US$ Million)
Figure 19. North America Control & Monitoring Electronics Units: Air Management System Market – Revenue, and Forecast to 2028 (US$ Million)
Figure 20. North America Others: Air Management System Market – Revenue, and Forecast to 2028 (US$ Million)
Figure 21. North America Air Management System Market Revenue Share, by System (2020 and 2028)
Figure 22. North America Thermal Management System: Air Management System Market – Revenue, and Forecast to 2028 (US$ Million)
Figure 23. North America Ice Protection System: Air Management System Market – Revenue, and Forecast to 2028 (US$ Million)
Figure 24. North America Cabin Pressure Control System: Air Management System Market – Revenue, and Forecast to 2028 (US$ Million)
Figure 25. North America Fuel Tank Inerting System: Air Management System Market – Revenue, and Forecast to 2028 (US$ Million)
Figure 26. North America Oxygen System: Air Management System Market – Revenue, and Forecast to 2028 (US$ Million)
Figure 27. North America Engine Bleed Air System: Air Management System Market – Revenue, and Forecast to 2028 (US$ Million)
Figure 28. North America Air Management System Market Revenue Share, by Platform (2020 and 2028)
Figure 29. North America Fixed Wing: Air Management System Market – Revenue, and Forecast to 2028 (US$ Million)
Figure 30. North America Rotary Wing: Air Management System Market – Revenue, and Forecast to 2028 (US$ Million)
Figure 31. North America: Air Management System Market, by key Country – Revenue (2020) (US$ Million)
Figure 32. North America: Air Management System Market Revenue Share, by Key Country (2020 & 2028)
Figure 33. US: Air Management System Market – Revenue and Forecast to 2028 (US$ Million)
Figure 34. Canada: Air Management System Market – Revenue and Forecast to 2028 (US$ Million)
Figure 35. Mexico: Air Management System Market – Revenue and Forecast to 2028 (US$ Million)
Figure 36. Impact of COVID-19 Pandemic in North America Country Markets
- AMETEK Inc.
- BOYD Corporation
- Collins Aerospace
- Diehl Stiftung & Co. KG
- Honeywell International Inc.
- Liebherr-International Deutschland GmbH
- Meggitt PLC
- Parker Hannifin Corporation
- Safran Electronics & Defense
- Shimadzu Corporation
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the North America air management system market
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- Scrutinize in-depth North America market trends and outlook coupled with the factors driving the air management system market, as well as those hindering it
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