Press release
Military Aircraft Oxygen Systems Market is Forecasted to Reach USD 238.6 Million in 2025, Says Stratview Research
The global Military Aircraft Oxygen Systems Market is projected to witness a growth rate of 3.1% annually from 2020 to 2025, with an anticipated size of USD 238.6 million in 2025, according to an analysis by Stratview Research.Stratview Research, a global market research firm has launched a report on the global Military Aircraft Oxygen Systems Market which provides a comprehensive outlook of the global and regional market, industry forecast, current & emerging trends, segment analysis, competitive landscape, & more.
Click here to get a free sample of the report: https://www.stratviewresearch.com/Request-Sample/630/military-aircraft-oxygen-systems-market.html#form
Report Highlights: `
Market Size in 2025: USD 238.6 million
Growth (CAGR): 3.1% during 2020-2025
Forecast Period: 2020-2025
Trend Period: 2014-2018
Base Year: 2019
Number of Segments Covered: 4
Number of Tables & Graphs: 100+
Country-Level Market Assessment: 20
Segment Insights on the Military Aircraft Oxygen Systems Market:
The global Military Aircraft Oxygen Systems Market is segmented by aircraft type, supply type, delivery type and region
Based on aircraft type: The military aircraft oxygen systems market is segmented based on the aircraft type as transport aircraft, combat aircraft, aerial refueling aircraft, and others. Combat aircraft is likely to remain the largest segment of the market during the forecast period. The increasing production rate of the key programs, especially the F-35 coupled with a huge aircraft fleet is likely to create a strong demand for oxygen systems in the combat aircraft segment.
Based on the supply type: The market is segmented as LOX, OBOGS, and others. OBOGS is likely to remain the most dominant as well as the fastest-growing segment over the next five years. OBOGS supply type is gaining traction in the military aircraft industry in the wake of its durability and the ability to generate 95% oxygen at very low pressure. It also has the ability to generate oxygen on the spot, which is one of the major factors driving its growth.
Based on the delivery type: The market is classified as continuous flow, pressure-demand, and diluter demand. Pressure demand is likely to remain the most dominant as well as the fastest-growing delivery type in the market during the forecast period. The pressure demand delivery type allows flying the military aircraft with crew above 40,000 feet, where 100% oxygen without positive pressure deliveries (continuous flow and diluter demand deliveries) doesn't work.
To know the most attractive segments, click here for a free sample of the report: https://www.stratviewresearch.com/Request-Sample/630/military-aircraft-oxygen-systems-market.html#form
Which Region Shows the Most Promising Growth Forecast and Opportunity?
The analysis suggests that North America is projected to remain the largest market during the forecast period. This growth outlook is majorly attributed to the following-
• The USA is the growth engine of the North American military aircraft oxygen systems market. The country is the hub of the aerospace industry with the presence of several tier players, oxygen system manufacturers, and aircraft OEMs.
Asia-Pacific is likely to have the highest growth over the next five years. The region is likely to remain the most eye-catching market in the foreseeable future. The growth is primarily driven by a host of factors including increasing defense budget of the major Asian countries and the potential establishment of assembly plants in this region.
Military Aircraft Oxygen Systems Market Drivers:
The growth of the Military Aircraft Oxygen Systems Market is driven by several factors.
• Increasing the defense budget of developing economies, such as China and India.
• increasing the production rate of key programs including F35.
• The rising need for the upgrade of the oxygen system of the active fleet with advanced oxygen systems.
Top 10 Companies in the Military Aircraft Oxygen Systems Market:
Stratview Research has identified the following companies as the top market players:
• Cobham Plc.
• Honeywell International Inc.
• Air Liquide S.A.
• Safran S.A. (Zodiac aerospace)
• Collins Aerospace (United Technologies Corporation).
What Unique Insights Does this Report Offer?
This report provides comprehensive insights into the Military Aircraft Oxygen Systems Market, answering critical questions like:
• How big is the sales opportunity?
• Which regions offer the best sales opportunities?
• Which are the most attractive market segments?
• Which are the top players and their market positioning?
• How complex is the business environment?
• What are the factors affecting the market?
For Customization or Any Other Queries, Get in Touch with Our Industry Experts at - sales@stratviewresearch.com
Related Reports:
• Aircraft Fuel Tank Inerting System Market: https://www.stratviewresearch.com/546/aerospace-fuel-tank-inerting-system-market.html
• Aerial Refueling Systems Market: https://www.stratviewresearch.com/291/aerial-refueling-systems-market.html
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Stratview Research is a global market research firm that highly specializes in aerospace & defense, chemicals, and a few other industries.
It launches a limited number of reports annually on the above-mentioned specializations. Thorough analysis and accurate forecasts in this report enable the readers to take convincing business decisions.
Stratview Research has been helping companies meet their global and regional growth objectives by offering customized research services. These include market assessment, due diligence, opportunity screening, voice of customer analysis, market entry strategies, and more.
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