Aerospace Oxygen Systems Market estimated to grow at a CAGR of 5.5% in the forecast period (2016-2021)

The report on the Aerospace Oxygen Systems Market has been launched by Stratview Research is an all-inclusive report that talks about the market structure and growth in the forecast period of 2016-2021. The report also offer insights into different market segments and other factors affecting the market.

Stratview Research’s report states about the segment-wise current market condition, and also offers an estimation about future growths. The report has been generated after accumulating data from various authenticated sources such as journals, white papers, fact book, etc. As per the estimation, Aerospace Oxygen Systems Market is expected to inflate at a CAGR of 5.5% by the forecast period (2016 – 2021).

As per the report, the market is segmented by:
●by Aircraft Type (Narrow Body Aircraft, Wide Body Aircraft, and Others) – Aerospace and Defense to remain the most dominant sector.
●by System Type (Passenger Oxygen System, and Others) – Passenger oxygen system will remain the largest segment in System type.
•by Component Type (Oxygen Storage System, Oxygen Delivery System and Others)
●by Mechanism Type (Chemical Oxygen Storage and Others) – Chemical oxygen system is expected to exhibit the fastest growth in the market.
●and by Region (North America, Europe, Asia-Pacific, and RoW) – North America to remain the largest market.

Table Of Contents: https://www.stratviewresearch.com/toc/157/aerospace-oxygen-systems-market.html

Highlights of the Report:
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.

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 of the Market
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.

Features of the Report
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 into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market.

Here are the key features of the report:
• Strategic Segmentation
• Competitive Analysis
• Strategic Growth Opportunities
• Swot Analysis
• Key Players
• Forecast Analysis & Future Growth

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This release was published on openPR.