Market Definition
When an aircraft is in operation, an aviation oxygen system supplies oxygen to the passengers and crew. These devices are utilized when the cabin air pressure drops owing to the aircraft flying over 12,000 feet or in an emergency.
Market Dynamics
The global Commercial Aircraft Oxygen System Market was valued at US$ 5.5 billion in 2022 and it is anticipated to grow up to US$ 10.0 billion by 2032, at a CAGR of 6.2% during the forecast period.
As a highly aerobic creature, the human body utilizes oxygen at tissue levels to meet metabolic demands. The amount of oxygen accessible for breathing is affected by any change in atmospheric pressure. In order to allow human presence in the flight at high altitudes, the cabin of the airplane must be pressurized to imitate the pressure at a lower altitude..
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Market Drivers and Trends
Increasing air travel is still a factor affecting the development of sophisticated airplane oxygen systems. According to IATA (International Air Transport Association) estimates, 7.8 billion people will travel by air by 2036. This has cleared the way for airplane oxygen system manufacturers to provide innovative goods for airlines, which is expected to propel the aircraft oxygen system market forward in the approaching years. Furthermore, in order to cope with the cabin pressure in the aircraft, the ICAO (International Civil Aviation Organization) has suggested the use of additional oxygen to avoid hypoxia, which has fueled the sales of aviation oxygen systems. OEMs (Original Equipment Manufacturers) of next-generation aircraft are working to include innovative features. This has promoted the introduction of smart aircraft oxygen systems, which feature sensors for sensing oxygen levels and facilitating continuous oxygen provision. In aircraft, for example, the OBOGS (On Board Oxygen Generating System) generates oxygen and performs filtration, oxygen gas monitoring, and quality control. These drivers are likely to propel market expansion.
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Research Objectives
- Estimates and forecast the overall market size for the total market, across product, service type, type, end-user, and region
- Detailed information and key takeaways on qualitative and quantitative trends, dynamics, business framework, competitive landscape, and company profiling
- Identify factors influencing market growth and challenges, opportunities, drivers and restraints
- Identify factors that could limit company participation in identified international markets to help properly calibrate market share expectations and growth rates
- Trace and evaluate key development strategies like acquisitions, product launches, mergers, collaborations, business expansions, agreements, partnerships, and R&D activities
- Thoroughly analyze smaller market segments strategically, focusing on their potential, individual patterns of growth, and impact on the overall market
- To thoroughly outline the competitive landscape within the market, including an assessment of business and corporate strategies, aimed at monitoring and dissecting competitive advancements.
- Identify the primary market participants, based on their business objectives, regional footprint, product offerings, and strategic initiatives
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Commercial Aircraft Oxygen System Market Segmentation
By Technology
- Chemically-induced System
- Compressed Oxygen System
By Sales Channel
- Original Equipment Manufacturers (OEMs)
- Aftermarket
By Application
- Passenger Seating Area
- Cabin Crew Area
- Others
By Aircraft Type
- Narrow Body Aircraft
- Wide Body Aircraft
- Very Large Body Aircraft
- Regional Aircraft
Major Players in the Global Commercial Aircraft Oxygen System Market
The key players studied in the global Commercial Aircraft Oxygen System Market are Cobham plc , Safran, Raytheon Technologies Corporation , Aerox Aviation Oxygen Systems , Air Liquide S.A. , Meggitt Avionics, Rostec, Skyox, Ventura Aerospace, Inc. , and AeroExpo among others.
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Research Scope
- Scope – Highlights, Trends, Insights. Attractiveness, Forecast
- Market Sizing – Product Type, End User, Offering Type, Technology, Region, Country, Others
- Market Dynamics – Market Segmentation, Demand and Supply, Bargaining Power of Buyers and Sellers, Drivers, Restraints, Opportunities, Threat Analysis, Impact Analysis, Porters 5 Forces, Ansoff Analysis, Supply Chain
- Business Framework – Case Studies, Regulatory Landscape, Pricing, Policies and Regulations, New Product Launches. M&As, Recent Developments
- Competitive Landscape – Market Share Analysis, Market Leaders, Emerging Players, Vendor Benchmarking, Developmental Strategy Benchmarking, PESTLE Analysis, Value Chain Analysis
- Company Profiles – Overview, Business Segments, Business Performance, Product Offering, Key Developmental Strategies, SWOT Analysis.
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