Mar 22, 2022/IndustryNewsGlobal/ The unexpected shifts in the global markets because of the sudden outbreak of the COVID-19 virus have brought many major and minor tremors to industries of all sizes including the Aerospace Oxygen Systems Market.

It was estimated prior to this unanticipated outbreak that the Aerospace Oxygen Systems Market offers a good growth opportunity and is likely to witness 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.

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Segment Analysis

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

In terms of mechanism type, chemical oxygen system is expected to exhibit the fastest growth during the forecast period. 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 in the largely attributed by the FAA mandate on the use of the chemical oxygen system in the aircraft carrying more than 20 passengers.

Regional Insights

North America is expected to remain the largest market for aerospace oxygen systems during the forecast period. 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 the North American dominance in the global aerospace oxygen systems market.

The aerospace oxygen systems market in Asia-Pacific and 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 plant in the North America and Europe. The Asia-Pacific market is mainly driven by production of commercial and regional aircraft in China and Japan and the demand of oxygen systems in the retrofit market.

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Key Players:

Key players operating in the global Aerospace Oxygen Systems market are-

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.

Features of the Report

This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools.

The Aerospace Oxygen Systems analysis report discusses the following heads in great detail:

  • Market structure: Overview, industry life cycle analysis, supply chain analysis
  • COVID-19 Impact Assessment
  • Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
  • Market trend and forecast analysis
  • Market segment trend and forecast
  • Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
  • Attractive market segments and associated growth opportunities
  • Emerging trends
  • Strategic growth opportunities for the existing and new players
  • Key success factors

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