Aerospace Oxygen System Market Scope
When the cabin air pressure decreases due to the aircraft operating above 12,000 ft. an aircraft oxygen system provides oxygen supply to travelers and crew. Growing passenger traffic globally and improving civil aviation sector growing the aircraft oxygen system market potentially.
According to AMA, the Global Aerospace Oxygen System market is expected to see growth rate of 6.12%Aerospace Oxygen System is a fragmented market due to the presence of a large number of established competitors. The key players focus on developing and innovating new strategies to maintain their market position and customer base. The companies are also planning strategic activities like partnerships, collaboration, mergers, and acquisitions to help them sustain themselves in the market and maintain their competitive edge. Research Analyst at AMA estimates that United States Players will contribute to the maximum growth of Global Aerospace Oxygen System market throughout the predicted period.
B/E Aerospace, Inc. (United States), Cobham plc (United Kingdom), Zodiac Aerospace (France), Technodinamika (Russia), Ventura Aerospace, Inc. (United States), Precise Flight, Inc. (United States), Aeromedix.Com LLC (United States), Aviation Oxygen System, Inc. (United States), Air Liquide (France) and Cobham PLC (United Kingdom) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research are BASA Aviation Ltd. (Singapore).
Segmentation Overview
The study have segmented the market of Global Aerospace Oxygen System market by Type (Passenger Oxygen System and Crew Oxygen System) and Region with country level break-up.
On the basis of geography, the market of Aerospace Oxygen System 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).
Influencing Trend:
Upsurge in Air Travel
Market Growth Drivers:
Development in Civil Aviation Sector and Replacement of Old Aircraft
Challenges:
High Cost Associated with Maintenance of Aerospace Oxygen System
Restraints:
Stringent Air Safety Laws
Opportunities:
Redesigning of Cabin Structure
Market Leaders and their Expansionary Development Strategies
In May 2023, Collins Aerospace developed a new oxygen delivery system for high-altitude jumps by military paratroopers called the Oxyjump NG. The breakthrough technology of the Oxyjump NG system includes greater mission capability with longer gliding distances, improved jumper safety, ease of use and significant size and weight advantages over legacy systems.
On 14 Sept 2018, According to Air Education and Training Command, air force is planning to redesign and adjust oxygen control levels in T-6 Texan II cockpits to reduce difficulties suffered by pilots flying the training aircraft
Key Target Audience
Aircraft Oxygen system Manufacturers, Aviation Regulatory Authorities, Sub-component Manufacturers, Technology Support Providers, Business Entities, Government Bodies, Business Research and consulting Firms and Others
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.