Aerospace Oxygen Systems Market Growth Analysis | 2023-2028

Market Insights

The aerospace oxygen systems market is likely to witness an impressive CAGR of 5.5% during the forecast period of 2023-2028.

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The major factors driving the growth of the aerospace oxygen systems market are-

• Increasing commercial and regional aircraft deliveries.
• The high growth of wide-body aircraft.
• Growing aircraft fleet size.

Segments' Analysis

By System Type

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 aerospace oxygen systems market.

By Mechanism Type

In terms of mechanism type, the chemical oxygen system is expected to exhibit the fastest growth during the forecast period. The 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 largely attributed to 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. 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 production of commercial and regional aircraft in China and Japan and the demand of oxygen systems in the retrofit market.

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Critical Questions Answered in the Report

• What are the key trends in the global market?
• How the market (and its various sub-segments) has grown in the last five years and what would be the growth rate in the next five years?
• What is the impact of COVID-19 on the global market?
• What are the key strategies adopted by the major vendors to lead in the market?
• What is the market share of the top vendors?

Market Segmentation

This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision-making and growth strategy formulation based on the opportunities present in the market.

The aerospace oxygen systems market is segmented in the following ways.

By Aircraft Type

• Narrow Body Aircraft
• Wide Body Aircraft
• Very Large Aircraft
• Regional Aircraft
• General Aviation

By System Type

• Passenger Oxygen System
• Crew Oxygen System

By Component Type

• Oxygen Storage System
• Oxygen Delivery System
• Oxygen Mask System

By Mechanism Type

• Chemical Oxygen Storage
• Compressed Oxygen System

By Region

• North America (Country Analysis: the USA, Canada, and Mexico)
• Europe (Country Analysis: Germany, France, the UK, Russia, Spain, and Rest of Europe)
• Asia-Pacific (Country Analysis: China, Japan, India, South Korea, and Rest of Asia-Pacific)
• Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)

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Key Players

The supply chain of this market comprises raw material suppliers, component manufacturers, oxygen system manufacturers Aerospace OEMs, and airline companies.

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 aerospace oxygen systems market is a highly consolidated with a few large players dominating the market.

The key oxygen system manufacturers are-

• C&D Zodiac
• B/E Aerospace
• Air Liquide
• Cobham Plc
• Ventura Aerospace
• Technodinamika Holding.

New product development, such as lightweight oxygen systems, long-term contracts, and collaboration with customers are the key strategies adopted by the key players to gain a competitive edge in the market.

Research Methodology

This report offers high-quality insights and is the outcome of a 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.

More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles have been leveraged to gather the data.

We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both qualitative and quantitative insights.

Report Features

This report provides intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the dynamics and will enable strategic decision-making for the existing players as well as those willing to enter the global aerospace oxygen systems market.

What Deliverables Will You Get in this Report?

Report Customization Options

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Company Profiling

• Detailed profiling of additional market players (up to 3)
• SWOT analysis of key players (up to 3)

Competitive Benchmarking

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

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