“The commercial aircraft oxygen systems market is expected to reach USD 4.47 billion by the end of 2020”
The commercial aircraft oxygen systems (CAOS) market is expected to witness a healthy growth during the forecast period. The market is projected to reach USD 4.47 billion by 2020 at a CAGR of 6.33% from 2015 to 2020. The market is mainly driven by the increase in commercial aircraft deliveries due to rise in air travel and the high growth of the retrofit market in the European and Asia-Pacific regions respectively. The European region is expected to exhibit the highest growth rate in the CAOS market during the forecast period of 2015 to 2020. Leading commercial aircraft manufacturers, such as Airbus and ATR, are based in this region. Therefore, the market for line fit applications is huge, which has led to the rise in demand for aircraft oxygen systems. Complete report on commercial aircraft oxygen systems market spread across 140 pages, profiling 10 companies and supported with 91 tables and 61 figures is now available at http://www.rnrmarketresearch.com/commercial-aircraft-oxygen-system-market-by-system-passenger-oxygen-system-crew-oxygen-system-component-oxygen-storage-oxygen-delivery-oxygen-mask-mechanism-chemical-oxygen-generator-compressed-oxygen-sys-st-to-2020-market-report.html .
“Chemical oxygen generator mechanism segment to witness the highest growth during the forecast period”
Chemical oxygen generators provide oxygen through chemical reaction. These generators have a limited shelf life, after which they must be replaced. Chemical oxygen generators for passengers are installed in the overhead compartments above the passenger seats. The high growth of the chemical oxygen generator segment in the CAOS market is due to a recent mandate by the FAA to install chemical oxygen generators in aircraft carrying more than 20 passengers. The European region is the second-largest market for chemical oxygen generators.
Break-up of profile of primary participants for the report has been given below.
- By Company Type - Tier 1 –20 %, Tier 2 – 40%, Tier 3 – 40%
- By Designation – C level – 30%, Director level – 10%, Others – 60%
- By Region – North America - 30%, Europe – 40%, APAC – 20%, Middle East – 10%
The commercial aircraft oxygen systems market is dominated by the passenger aircraft oxygen system segment, both in terms of growth rate and market share. Passenger oxygen systems have higher replacement frequency when compared to crew oxygen systems. Some of the components of the crew oxygen system, such as oxygen delivery system, are not replaced. Whereas, in case of the passenger oxygen system, the entire system is replaced once the system reached its useful service life. Hence, market for the passenger oxygen systems is expected to register a higher CAGR than the crew systems.
The leading players such as B/E Aerospace (U.S.), Zodiac Aerospace (France), Cobham Plc (U.K.), Air Liquide (France), and Technodinamika (Russia) have been profiled in the commercial aircraft oxygen systems market research report. Priced at $4650 for a single user PDF, a discount on “Commercial Aircraft Oxygen System Market by System (Passenger Oxygen System, Crew Oxygen System,) Component (Oxygen Storage, Oxygen Delivery, Oxygen Mask), Mechanism (Chemical Oxygen Generator, Compressed Oxygen System), Technology and Geography - Global Forecast to 2020” research report can be requested at http://www.rnrmarketresearch.com/contacts/discount?rname=494025 .
The report provides insights on the following pointers:
- Market Penetration: Comprehensive information on commercial aircraft oxygen systems offered by the top market players
- Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product launches in the market
- Market Development: Comprehensive information about lucrative emerging markets - the report analyzes the markets for commercial aircraft oxygen systems across regions
- Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the global commercial aircraft oxygen systems market
- Competitive Assessment: In-depth assessment of market shares, strategies, products, and manufacturing capabilities of the leading players in the market
On a related note, another research titled Aircraft Tires Market Global Forecast to 2020 says, the aircraft tires market is estimated to grow from USD 1.11 billion in 2015 to USD 1.37 billion by 2020, at a CAGR of 4.35% during the forecast period 2015 to 2020 driven by the increasing demand for aircraft and frequent replacement requirement. Companies like Goodyear (U.S.), Michelin (France), Bridgestone (Japan), and Dunlop Aircraft Tires (U.K.) have been profiled in this 168 pages research report available at http://www.rnrmarketresearch.com/aircraft-tires-market-by-application-commercial-defense-by-aircraft-type-vla-nba-wba-rta-by-product-type-radial-bias-by-end-user-oem-retreaded-replacement-by-platform-fixed-rotary-wing-and-by-geography-global-forecast-to-2020-market-report.html .
Explore more reports on Aerospace market at http://www.rnrmarketresearch.com/reports/automotive-transportation/aviation/aviationaerospace .
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