LONDON--(BUSINESS WIRE)--Technavio has announced the top five leading vendors in their recent global commercial aircraft air management systems market report. This market research report also lists six other prominent vendors that are expected to impact the market during the forecast period.
Competitive vendor landscape
According to the research analysis, the global commercial aircraft air management systems market is highly competitive. The aerospace industry is facing considerable cost pressure. There are also challenges associated with rising fuel costs and increase in the price of raw materials. Vendors compete based on product quality, cost, reliability, and market share. To survive and succeed in such an intensely competitive environment, it is crucial for vendors to provide cost-effective and high-quality commercial aircraft environmental systems with the latest technology and materials.
“Vendors that have a high level of innovation, adopt new technologies, and invest considerably as per the changing market trends can thrive in the long run. They must adjust and adapt as per the shift of market regions to capture new market shares. One of the ways to adapt to the evolving changes in the globalized market is by establishing a company base and market reach in the emerging markets. A large company can also outsource its design, technology, and system manufacturing strength as per the evolving demand in the market,” says Ramyabrata Chakraborty, a lead aerospace research analyst from Technavio.
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Technavio market research analysts identify the following key vendors:
Honeywell International operates through four major segments. These include Aerospace, Performance Materials and Technologies, Home and Building Technologies, and Safety and Productivity Solutions. The company offers a comprehensive array of electro-pneumatic and electronic systems to deliver efficient and reliable operations. The systems monitor and control the air flow in the cockpit and cargo areas. They also control the passenger and cabin temperature. The systems provide cooling for the avionics systems and efficiently manage the aircraft’s pneumatic de-icing and engine bleed air systems.
Liebherr in air management systems market is focused on R&D activities and is emphasizing significantly on 3D printing. The company has invested in modernizing its Toulouse site in France. It opened a new facility in Saline, Michigan to expand its capacity for heat exchanger repair. The company enlarged its customer service center in Shanghai to provide additional services in MRO.
Meggitt Control Systems is one of the prominent global suppliers of pneumatic, fire protection and control, fluid control, electromechanical equipment, thermal management, and sub-systems. It has nine facility centers in the US and the UK. Its technology groups include aerospace valves, thermal management, high pressure ducting, energy, safety systems and electro-mechanical products.
United Technologies Corporation (UTC)
UTC operates in the air management systems market through its subsidiary, UTC Aerospace, which supplies air management systems for commercial and military aircraft. These systems ensure a safe, comfortable, and healthy environment in flights. The company installs electric and pneumatic systems on commercial and military aircraft. The company also provides services for these systems in their various worldwide customer support centers.
The company mainly operates through two segments, namely Aerosystems and Aircraft Interiors. Zodiac Aerosystems specializes in designing systems and equipment that are essential for aircraft operations. The company focuses on developing innovative systems to ensure a high level of safety and aircraft performance. The Aerosystems segment accounted for about 39% of the net sales in 2016.
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