Scope of the Study
Aircraft oxygen systems, designed to store or to generate a supply of pure oxygen, are installed in many military aircraft and in most commercial and business aircraft types. Additionally, based on the type and the role of the aircraft concerned, the oxygen system may be used for normal operations, in order to offer supplemental oxygen for specific situations. Also, for provision of emergency oxygen in the event of smoke, fire, fumes or loss of pressurisation. With air transport being cost effective day-by-day, the number of travellers is expected to increase significantly. Thriving number of aircraft passengers has created a strong demand for efficient oxygen systems.
The market study is being classified by Type (Passenger Oxygen System and Crew Oxygen System), by Application (Military Aircraft, Civil Aviation Aircraft and Other) and major geographies with country level break-up. According to AMA, the Global Aircraft Oxygen Systems market is expected to see growth rate of 6.3% and may see market size of USD5.8 Billion by 2024.
B/E Aerospace Inc. (United States), Zodiac Aerospace (France), Cobham plc (United Kingdom), Technodinamika (Russia), SKYbrary Aviation (United Kingdom), Aeromedix (United States), Air Liquide (France), BASA Aviation Ltd. (Bulgaria), AIR TEAM, s.r.o. (Czech Republic), Precise Flight, Inc. (United States) and Ventura Aerospace (United States) are some of the key players profiled in the study.
Research Analyst at AMA predicts that United States Manufacturers will contribute to the maximum growth of Global Aircraft Oxygen Systems market throughout the predicted period.
AdvanceMarketAnalytics has segmented the market of Global Aircraft Oxygen Systems market by Type, Application and Region.
On the basis of geography, the market of Aircraft Oxygen Systems has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Mechanism Type, the sub-segment i.e. Chemical Oxygen Generator will boost the Aircraft Oxygen Systems market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Component Type, the sub-segment i.e. Oxygen Delivery System will boost the Aircraft Oxygen Systems market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Fit Type, the sub-segment i.e. Line Fit will boost the Aircraft Oxygen Systems market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Increasing Number of Air Travellers across the World
- Replacement of Aging Aircraft
- Continuous Innovations of Advanced and Safer Aircraft in the Aviation Sector
- Integration of Artificial Intelligence (AI) to Recognise and Predict Fault
- Stringent Regulations for Safety
- Limited Production Capacity
- Surging Reconfiguration of Cabin Structure
- Increasing Production of Aircrafts for both Passenger and Military Applications
- High Cost of Set-Up Equipment
"National regulations for the provision and use of supplemental or emergency oxygen systems are based on the guidance provided in Annex 6 of the International Civil Aviation Organisation (ICAO) Standards and Recommended Practices (SARPS). In general terms, this guidance first differentiates between pressurised and non-pressurised aircraft and then provides specific requirements based on the altitude at which flight is to be conducted. "
Key Target AudienceAircraft Oxygen System Manufacturers, Aviation Regulatory Authorities, Sub-component Manufacturers and Technology Support Providers
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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