Global Aircraft Oxygen System Market Is Expected To Reach Around USD 6.53 Billion By 2025

10-May-2019 | Zion Market Research

Zion Market Research has published a new report titled “Aircraft Oxygen System Market by System (Passenger Oxygen and Crew Oxygen), By Component (Oxygen Delivery, Oxygen Storage, and Oxygen Mask), and By Mechanism (Chemical Oxygen Generator and Compressed Oxygen System): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2025”. According to the report, the global aircraft oxygen system market was valued USD 3.96 billion in 2018 and is expected to reach around USD 6.53 billion by 2025, at a CAGR approximately 7.4% between 2019 and 2025.

Aircraft oxygen systems are used as emergency equipment to pressure aircrafts. They are majorly used when there is a drop in the cabin pressure or when the cabin altitude has spiked above the safety level. In addition, these systems are also used for maintaining humidity levels and temperature. Emergency oxygen masks/systems are a vital part of the aircraft oxygen systems and are deployed when primary gadget fails or starts shutting down.

Browse the full “Aircraft Oxygen System Market by System (Passenger Oxygen and Crew Oxygen), By Component (Oxygen Delivery, Oxygen Storage, and Oxygen Mask), and By Mechanism (Chemical Oxygen Generator and Compressed Oxygen System): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2025” Report at https://www.zionmarketresearch.com/report/aircraft-oxygen-system-market

Global Aircraft Oxygen System Market

The aviation sector is booming globally with the growing number of passengers traveling via flights. This rise has also increased the safety and security concerns. Interestingly, the Federal Aviation Administration (FAA) has laid down new rules and norms for safer travel. In addition, various innovations witnessed in the aviation sector have helped in developing advanced and safer aircrafts. The launch of these new aircrafts that are integrated with AI will diagnose and even predict faults. Furthermore, with the replacement of aging aircrafts, the demand for aircraft oxygen systems is projected to grow globally in the future. However, limited production capacity and stringent regulations for safety may hamper this market’s growth. Additionally, the on-going technological advancements witnessed in different regions and the reconfigurations of cabin structure are projected to create new growth opportunity for the aircraft oxygen system market over the projected period.

On the basis of system, the aircraft oxygen system market is bifurcated into passenger oxygen and crew oxygen. The passenger oxygen segment is expected to grow at a faster rate in the years ahead, owing to the growing number of passengers traveling across the globe. The component segment of the market includes oxygen mask, oxygen storage, and oxygen delivery. By mechanism, the aircraft oxygen system market includes chemical oxygen generator and compressed oxygen system. The emergency oxygen mechanism segment is likely to dominate the market, as the emergency oxygen mechanism is mandatory for aircrafts that are certified to operate above 25,000 ft. to maintain safety.

By region, the North American region is expected to hold a considerable share of the global aircraft oxygen system market over the forecast timeline. This regional share can be attributed to the presence of renowned aircraft manufacturers like Bombardier, Boeing, and Cessna, which are concentrating on expanding their fleet capacity to cater to more number of customers for small- and medium-sized commercial aircraft.

Some key participants operating in the global aircraft oxygen system market are ATR, Cobham, Technodinamika, Airbus, B/E Aerospace, Zodiac Aerospace, Rockwell Collins, Diehl Stiftung, Aviation Oxygen Systems, Adams Rite Aerospace, Essex Industries, and East/West Industries.

This report segments the global aircraft oxygen system market into:

Global Aircraft Oxygen System Market: By System

  • Passenger Oxygen
  • Crew Oxygen

Global Aircraft Oxygen System Market: By Component

  • Oxygen Delivery
  • Oxygen Storage
  • Oxygen Mask

Global Aircraft Oxygen System Market: By Mechanism

  • Chemical Oxygen Generator
  • Compressed Oxygen System

Global Aircraft Oxygen System Market: By Region

  • North America
    • The U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • The Middle East and Africa

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