Aircraft Oxygen Systems Market Scope
Aircraft oxygen systems, designed to store or to generate a supply of pure oxygen, are installed in many military aircraft and in most commercial and business aircraft types. Additionally, based on the type and the role of the aircraft concerned, the oxygen system may be used for normal operations, in order to offer supplemental oxygen for specific situations. Also, for provision of emergency oxygen in the event of smoke, fire, fumes or loss of pressurisation. With air transport being cost effective day-by-day, the number of travellers is expected to increase significantly. Thriving number of aircraft passengers has created a strong demand for efficient oxygen systems.
According to AMA, the Global Aircraft Oxygen Systems market is expected to see growth rate of 6.3%Aircraft oxygen systems market is a fragmented market due to the presence of various players. The players are focusing on increasing their manufacturing capacity. Further, companies are focusing on developing innovative products and solutions to improve quality, enhances and promotes performance. The companies are coming up with partnerships or agreements along with planning strategic activities such as partnerships, product launch, mergers, and acquisitions which will help them to sustain in the market and maintain their competitive edge. Research Analyst at AMA estimates that United States Manufacturers will contribute to the maximum growth of Global Aircraft Oxygen Systems market throughout the predicted period.
B/E Aerospace Inc. (United States), Zodiac Aerospace (France), Cobham plc (United Kingdom), Technodinamika (Russia), SKYbrary Aviation (United Kingdom), Aeromedix (United States), Air Liquide (France), BASA Aviation Ltd. (Bulgaria), AIR TEAM, s.r.o. (Czech Republic), Precise Flight, Inc. (United States) and Ventura Aerospace (United States) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research are Aerox (United States).
Segmentation Overview
The study have segmented the market of Global Aircraft Oxygen Systems market by Type (Passenger Oxygen System and Crew Oxygen System), by Application (Military Aircraft, Civil Aviation Aircraft and Other) and Region with country level break-up.
On the basis of geography, the market of Aircraft Oxygen Systems 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:
Continuous Innovations of Advanced and Safer Aircraft in the Aviation Sector and Integration of Artificial Intelligence (AI) to Recognise and Predict Fault
Market Growth Drivers:
Increasing Number of Air Travellers across the World and Replacement of Aging Aircraft
Challenges:
High Cost of Set-Up Equipment
Restraints:
Stringent Regulations for Safety and Limited Production Capacity
Opportunities:
Surging Reconfiguration of Cabin Structure and Increasing Production of Aircrafts for both Passenger and Military Applications
Market Leaders and their Expansionary Development Strategies
In June 2022, Aerox aviation oxygen system acquired Sky-Ox Aviation Oxygen. this acquisition expanded Aerox line of portable oxygen system for cargo, commercial and business and general aviation users and supplemental type of certification for installed oxygen system for variety of general aviation aircraft model. This acquisition strengthened Aerox presence in aircraft oxygen systems market
In May 2019, Cobham oxygen system was selected for T-X jet trainer by Boeing. Under this contract Cobham supply the system, comprising sureSTREAM oxygen concentrator, pilot breathing regulation and back-up oxygen system with a fill valve. Cobham designed sureSTREAM to delivered oxygen automatically to pilot during flight. With the help of this contract Cobham expand its presence in aircraft oxygen system market
"National regulations for the provision and use of supplemental or emergency oxygen systems are based on the guidance provided in Annex 6 of the International Civil Aviation Organisation (ICAO) Standards and Recommended Practices (SARPS). In general terms, this guidance first differentiates between pressurised and non-pressurised aircraft and then provides specific requirements based on the altitude at which flight is to be conducted. "
Key Target Audience
Aircraft Oxygen System Manufacturers, Aviation Regulatory Authorities, Sub-component Manufacturers and Technology Support Providers
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.