Stratview Research has announced a new report on the global Aerospace Oxygen Systems Market. According to the report, the market in the aerospace industry offers a good growth opportunity and is likely to witness a 5.5% CAGR during the forecast period. Increasing commercial and regional aircraft deliveries, high growth of wide-body aircraft, and growing aircraft fleet size are the key drivers of the global aerospace oxygen systems market.

Market Segmentation

The Aerospace Oxygen Systems Market is segmented by Aircraft Type (Narrow Body Aircraft, Wide Body Aircraft, Very Large Aircraft, Regional Aircraft, and General Aviation), by System Type (Passenger Oxygen System and Crew Oxygen System), by Component Type (Storage System, Delivery System, and Mask), by Mechanism (Chemical and Compressed), and by Region (North America, Europe, Asia-Pacific, and Rest of the World).

According to the report, the Passenger oxygen system is expected to remain the largest segment during the forecast period. A higher number of passenger oxygen systems in an aircraft cabin than crew oxygen systems and a higher replacement rate are the major drivers for the passenger oxygen systems market.

In terms of mechanism type, the chemical oxygen system is expected to exhibit the fastest growth during the forecast period. A chemical oxygen system generally comprises sodium chromate (NaClO3) along with smaller amounts of other chemicals and converts these chemicals into oxygen flow when the source is activated. This system is installed in the overhead stowage bin above the passenger seat. The high growth is largely attributed to the FAA mandate on the use of the chemical oxygen system in aircraft carrying more than 20 passengers.

North America is expected to remain the largest market for aerospace oxygen systems during the forecast period. The manufacturing base of Boeing and Bombardier aircraft in the US & Canada and increasing commercial, regional, and general aviation fleet size are the major drivers for North American dominance in the global aerospace oxygen systems market.

The aerospace oxygen systems market in Asia-Pacific and the Rest of the World is relatively small since the oxygen systems are fitted during the final assembly of the aircraft and most of the major aircraft manufacturers have their assembly plants in North America and Europe. The Asia-Pacific market is mainly driven by the production of commercial and regional aircraft in China and Japan and the demand for oxygen systems in the retrofit market.

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How stakeholders can benefit from this report –

This report covers a thorough analysis of the following segments:

• Aerospace Oxygen Systems Market Dynamics.

• Market Size and forecast

• Supply & Demand Value Chain.

• Aerospace Oxygen Systems Market Current Trends/Issues/Challenges.

• Competition & Companies involved.

• Effecting Technology.

• Aerospace Oxygen Systems Market Drivers and Restraints.

Research Methodology

The report provides a thorough analysis that reflects today’s Aerospace Oxygen Systems Market realities and future market possibilities. The information provided in the report can play a crucial role for the users as well as investors, or those who are planning to step into the industry, in formulating growth strategies to expedite their growth process.

Experts at Stratview have compiled this report after following a detailed research methodology comprising secondary research, and primary interviews with industry stakeholders. Several authenticated sources such as company annual reports, fact books, press releases, white papers, and articles have been leveraged to gather the data.

Key Players

The following are the key players in the Aerospace Oxygen Systems Market.

The key aerospace OEMs are-

• Boeing

• Airbus

• Embraer

• Bombardier

• ATR

• Cessna

• Gulfstream.

The key airline companies are-

• Lufthansa

• American Airlines

• Delta Airlines

• Air Asia Airlines

• China Airlines.

The key oxygen system manufacturers are-

• C&D Zodiac

• B/E Aerospace

• Air Liquide

• Cobham Plc

• Ventura Aerospace

• Technodinamika Holding.

Report Customization Options

With this detailed report, Stratview Research also offers one of the following (complementary) customization options to our valued clients:

• Company Profiling -Detailed profiling of additional market players (up to three players)

• Competitive Benchmarking - Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances.