Commercial Aircraft Air Management System Market Share

Market Share of Commercial Aircraft Air Management System Industry

Though many players are supplying several air management subsystems in the market, a majority of the share in the market is being enjoyed by a few players who have long-term contracts with the major aircraft OEMs. Liebherr-International Deutschland GmbH, Raytheon Technologies Corporation, Honeywell International Inc., Safran SA, and Meggitt PLC are some major players in the commercial aircraft air management systems market. The companies are increasing their presence in the market through partnerships with aircraft OEMs. In this regard, Triumph Group received a new contract from Airbus to design, manufacture and provide full program lifecycle support of the primary thermal acoustic insulation system for the Airbus Canada A220 aircraft. Currently, the suppliers of commercial aircraft air management systems are working closely with the aircraft OEMs to develop advanced systems, to address the dynamic market requirements. This may also help them to remain a preferred choice in the market. The players' emphasis on building more efficient bleed air systems may help the segment in the future. Such innovations are envisioned to help the players increase their market share in the years to come.

Commercial Aircraft Air Management System Market Leaders

1. Safran SA

2. Honeywell International Inc.

3. Meggit PLC

4. Raytheon Technologies Corporation

5. Liebherr-International Deutschland GmbH

*Disclaimer: Major Players sorted in no particular order