Air Management System Market Sales, Revenue and Growth Rate 2020-2027
The global air management system market is expanding at an incremental pace and is expected to reach a valuation of USD 6.55 Bn by the end of the forecast period of 2017-2023, reveals Market Research Future (MRFR) in a minutely analyzed research report. Air management systems are essential to maintaining the ambiance on board as they supply air to different parts of the aircraft and perform functions such as ventilation, fire suppression, smoke detection, etc. Airlines are increasingly emphasizing on the improvement of comfort and convenience which also makes them invest in procurement and upgradation of aircraft which, in turn, propels the growth of the market. Airlines are heavily investing in electric aircraft systems to improve fuel efficiency, reduce emission rates, and cut down on maintenance costs. There has been a significant increase in air traffic across the world owing to more air travels and also frequent business travel. This necessitates the need for the latest tech...