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Aerospace Oxygen System Global Market Insights: Growth Drivers, Size & Forecasts to 2029
Aerospace Oxygen System
What Is the Forecasted Market Growth Rate of the Aerospace Oxygen System Industry?
The market size of the aerospace oxygen system has significantly expanded in the past few years. It is projected to increase from $5.37 billion in 2024 to $5.71 billion in 2025, with a compound annual growth rate (CAGR) of 6.3%. This growth during the historic period can be linked to safety rules and standards, expansion in commercial aviation, modernization of military aircraft, an increase in long-distance flights and extended operations, and an emphasis on aircraft cabin pressurization.
How Will the Aerospace Oxygen System Market Size Evolve From 2025 to 2029?
The market for aerospace oxygen systems is poised for significant growth in the coming years, with projections indicating it will reach $7.27 billion by 2029 with a CAGR of 6.2%. The expected growth in this period is due to several factors, including a resurgence in air travel demand following the pandemic, the expansion of air ambulance and medical flight services, a focus on efficient and lightweight systems, as well as incorporation into next-gen aircraft. Key trends for the forecast period comprise the use of advanced materials, services for retrofitting and upgrading, worldwide growth in aviation, the creation of portable oxygen solutions, and emphasis on environmental sustainability.
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What Are the Main Growth Drivers in the Aerospace Oxygen System Market Today?
The anticipated rise in air travel is set to push forward the expansion of the aerospace oxygen system market. Air traffic, involving the movement, landing, and navigation of aircraft, helicopters, and other airborne vehicles through airspace, requires the use of aerospace oxygen systems. These systems are integral for high-altitude flights or military operations, enabling workers such as pilots, crew members, and specialist operators to function effectively and safely in high altitudes where oxygen levels are insufficient for normal breathing. For example, a report from the Bureau of Transportation Statistics, a US government agency, released in March 2023 noted that in 2022, US airlines carried 194 million more passengers than they did in 2021, marking a 30% annual increase. Also, between January and December 2022, US airlines served 853 million passengers (unadjusted), a surge from the 658 million passengers in 2021, and 388 million passengers in 2020. Consequently, this rise in air travel is fueling the expansion of the aerospace oxygen system market.
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Which Aerospace Oxygen System Market Segment Is Expected to Lead Through 2029?
The aerospace oxygen system market covered in this report is segmented -
1) By Product: Liquid Oxygen System, Gaseous Oxygen System, On Board Oxygen Generation System
2) By System: Protective Breathing, Portable Oxygen System, Integrated System
3) By Category: Storage System, Delivery System, Oxygen Mask And Cannulas
4) By Mechanism: Chemical Oxygen Generator, Compressed Oxygen System
5) By Application: Passenger Seating Area, Cabin Crew Area, Other Applications
Subsegments:
1) By Liquid Oxygen System: Ground-Based Liquid Oxygen Systems, Aircraft Liquid Oxygen Systems
2) By Gaseous Oxygen System: High-Pressure Gaseous Oxygen Systems, Low-Pressure Gaseous Oxygen Systems
3) By On Board Oxygen Generation System: Chemical Oxygen Generation Systems, Membrane-Based Oxygen Generation Systems, Pressure Swing Adsorption (PSA) Oxygen Generation Systems
Which Market Trends Are Expected to Dominate Aerospace Oxygen System Industry Growth?
Leading firms in the aerospace oxygen system market are launching innovative products integrated with technologies like pulse technology to amplify their market profitability. Pulse oximetry, a technology widely utilized in medical and aerospace industries, measures the oxygen saturation in a person's bloodstream. For example, Collins Aerospace, a US-based aerospace and defense tech supplier, rolled out the OXYJUMP NG system in May 2023. This system improves mission capabilities by providing an elongated gliding range, promising safer jump scenarios with a notable reduction in physical size and weight compared to previous models. With the application of Collins' oxygen pulse technology, it offers a streamlined, lightweight solution that automatically moderates oxygen levels for protracted mission layouts. Conceived for allied military forces, the system highlights stealth, preparedness, and safety, while assuring user convenience and user-friendliness through automatic operations and an ergonomically created mask.
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Which Companies Hold the Largest Market Share in the Aerospace Oxygen System Sector?
Major companies operating in the aerospace oxygen system market include Honeywell International Inc., Air Liquide S.A., Safran S.A., Eaton Corporation, Rockwell Collins Inc., Parker Hannifin Corporation., Air Products and Chemicals Inc., Diehl Stiftung & Co. K.G., B/E Aerospace, Zodiac Aerospace, Gentex Corporation, Meggitt PLC., JAMCO Corporation, SAE International, Adams Rite Aerospace Inc., BOC Ltd, Essex Industries Inc., HRD Aero Systems Inc, AERO Specialties Inc., East/West Industries Inc., Mountain High Equipment & Supply Co, Ventura Aerospace, CASP Aerospace, Precise Flight Inc., Aerox Aviation Oxygen Systems Inc., GLB Flight Products Ltd, Life Support International Inc., Aviall Inc., AeroMedix Inc., Cobham Limited
Where Is the Aerospace Oxygen System Market Experiencing the Highest Growth?
North America was the largest region in the aerospace oxygen system market in 2024. The regions covered in the aerospace oxygen system market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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