The overall size of the air management system market 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 air management system market concerning all the segments in the region. Also, multiple primary interviews have been conducted with industry participants and commentators to validate the data and gain more analytical insights into the topic. The participants of this 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 air management system market.

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According to the latest research report titled “Air Management System Market Forecast to 2028 – COVID-19 Impact and Global Analysis,” published by The Insight Partners, the market is expected to reach US$ 8,804.88 million by 2028 from US$ 5,607.19 million in 2021; it is expected to register a CAGR of 6.7% during 2021–2028.

Furthermore, the increasing deliveries of the Honda Jet in Europe have led some air charter operators, such as Wijet, to upgrade their fleet with the more economical Honda Jet aircraft, to provide their customers with a safe and superior product at a lower price. Other charter jet service companies are also expanding their fleet to meet the constantly augmenting demand. For instance, in September 2019, Luxaviation added a Bombardier Global Express XRS and a Global 5000 to its aircraft fleet. The company has added nine jets in the first nine months of September 2019. Thus, the increasing usage of charter flights in Europe is also propelling the air management system market.

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