Aerospace Oxygen Systems Market to witness 5.5% CAGR over the Next five YearsAerospace Oxygen Systems Market to witness 5.5% CAGR over the Next five Years

Stratview Research has launched a research report on Aerospace Oxygen Systems Market. The objective of this report is to identify the Trend, Forecast, Competitive Analysis, and Growth Opportunity of Aerospace Oxygen Systems Market from 2016 to 2021.

This report is segmented in five ways to provide a 360-degree holistic view. The segments are –
● by Aircraft Type (Narrow Body Aircraft, Wide Body Aircraft, and Others)
● by System Type (Passenger Oxygen System, and Others)
● by Component Type (Oxygen Storage System, Oxygen Delivery System and Others)
● by Mechanism Type (Chemical Oxygen Storage and Others)
● and by Region
o North America
o Europe
o Asia-Pacific
o Rest of the World

Stratview Research, has presented the study of Aerospace Oxygen Systems Market over the trend period of 2010 to 2015 and forecast period of 2016 to 2021. The report provides detailed insights on the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

The key oxygen system manufacturers are C&D Zodiac, B/E Aerospace, Air Liquide, Cobham Plc, Ventura Aerospace, and 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 competitive edge in the market.

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Higher number of passenger oxygen systems in an aircraft cabin

The oxygen systems market in the aerospace industry offers a good growth opportunity and is likely to witness 5.5% CAGR during the forecast period of 2016 to 2021. 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.

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.

Chemical oxygen system generally comprises NaClO3 along with smaller
amounts of other chemicals

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.

North America to remain the largest market

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.

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, and Gulfstream. The key airline companies are Lufthansa, American Airlines, Delta Airlines, Air Asia Airlines, and China Airlines.

Report Features

This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights on the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:
● Market structure: Overview, industry life cycle analysis, supply chain analysis
● 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.
● Research Methodology

This report studies the Aerospace Oxygen Systems Market, keeping in mind the interest of all the stakeholders across the value chain. The rich quality of insights is outcome of -
o Extensive secondary research,
o Rigorous primary interviews with more than 15 industry stakeholders across the value chain.
o Validation and triangulation of data with Stratview Research’s internal database and statistical tools.
o More than 1000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data.

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