Middle East and Africa 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

Middle East and Africa 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)

The air management system market in the MEA is expected to grow from US$ 388.34 million in 2021 to US$ 548.61 million by 2028; it is estimated to grow at a CAGR of 5.1% from 2021 to 2028.The commercial aviation sector has maintained a strong fleet size over the years, with Airbus and Boeing are the two most notable aircraft manufacturers in terms of delivery statistics. The commercial aviation industry has witnessed tremendous growth in the past few years with the emergence of new low-cost carriers (LCCs) and fleet expansion strategies adopted by the full-service carriers (FSCs). Commercial aviation is foreseen to surge in the coming years due to the mounting number of air travel passengers and aircraft procurement. With the projected rise in aircraft volumes, the demand for various air management systems would also increase in the coming years. Moreover, elevated aircraft production volume would boost the production and acquisition of air management systems, which is likely to create opportunities for market players to sell their products to aircraft OEMs over the next few years. Thus, a decent rate of aircraft delivery, coupled with the existing fleet size (excluding the retired and sent to long-term storage due to COVID-19), poses significant business opportunities for the aviation vendors, ultimately driving the air management system market during the forecast period.

Based on component, the MEA 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. The sensors segment is expected to be the fastest-growing segment during the forecast period. The sensors installed in any aircraft are for flight instruments. In majority of the cases that include tachometers, engine temperature gauges, fuel- and oil-quantity gauges, pressure gauges, altimeters, airspeed-measurement meters, and vertical speed indicators. Air quality (AQ) is one off the major concerns for human health management. Therefore, air quality monitoring (AQM) and its management is a must-needed activity inside an aircraft environment. Moreover, the adoption of electrical and electronic components, coupled with rise in deployment of automatic monitoring systems in an aircraft, is aiding the growth of this segment. Also, the increasing deployment of satellite-based systems is boosting the deployment of sensors for air quality management. Furthermore, the growing adoption of smart sensor technologies such as ground-based smart sensors, satellite remote sensing sensors, geospatial technologies, and computational technologies like machine learning, artificial intelligence, and internet of things (IoT) is driving the segment.

The MEA air management system market is majorly affected by the disruption in the supply chain. Due to the closure of borders of countries, the supply chains of several components and systems have been disturbed. The demand for advanced aircraft technologies has also declined across the region as it is one of the largest importers of aircraft components and does not have any aircraft or component manufacturer across its countries. This has resulted in a loss of business among the air management system market players offering their products to respective customers in the MEA region.

South Africa has recently discovered patients of a new variant of COVID-19 virus, i.e., Omicron, which has been one of the major concerns across the world right now. This has led to the closure of international borders for African flights across different countries of different regions worldwide. The widespread COVID-19 virus has led the manufacturers to suspend their operations or operate with a minimal workforce temporarily. This has weakened the demand for aircraft components, thereby hindering the requirement for air management systems in the region. Additionally, the disruption in the supply chain business, owing to the trade ban, has also reflected adverse effects on the air management system market across the region.

The MEA air management system market size has been derived using both primary and secondary sources. To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market. The process also serves the purpose of obtaining an overview and forecast for the MEA air management system market with respect to all the segments pertaining to the region. Also, multiple primary interviews have been conducted with industry participants and commentators to validate the data, as well as to gain more analytical insights into the topic. The participants who typically take part in such a process include industry experts such as VPs, business development managers, market intelligence managers, and national sales managers, along with external consultants, such as valuation experts, research analysts, and key opinion leaders specializing in the MEA air management system market. AMETEK Inc., Collins Aerospace, Honeywell International Inc., Liebherr-International Deutschland GmbH, Meggitt PLC, Parker Hannifin Corporation, Safran Electronics & Defense, and Shimadzu Corporation are among the key players operating in the air management system market in the region.

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