Aerospace Industry Today
The Market of Aerospace Oxygen Systems to experience an impressive growth of 5.5% CAGR during 2016-2021
The new report of Stratview Research analyses the Aerospace Oxygen Systems market over the trend period from 2010 to 2015 and forecast period from 2016 to 2021. The insights of the report shall enable informed decision making and strategy formulation for the near future to capitalize on the opportunities.
Published 01 July 2019
Salient Features of the Report
The Research Report offers an in-depth view of the market, its health and growth, the factors shaping the industry, the competitive dynamics and a glimpse of the future.
The following are the key features of the report:
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An overview: Market share of the oxygen system in the aerospace industry
The oxygen systems market in the aerospace industry offers a good growth opportunity and is likely to witness 5.5% CAGR during the forecast period of 2016 to 2021. Increasing commercial and regional aircraft deliveries, high growth of wide body aircraft, and growing aircraft fleet size are the key drivers of the global aerospace oxygen systems market.
Dominance of: Passenger oxygen system and Chemical oxygen system
Passenger oxygen system is expected to remain the largest segment during the forecast period. Higher number of passenger oxygen systems in an aircraft cabin than crew oxygen systems and higher replacement rate are the major drivers for the passenger oxygen systems market.
In terms of mechanism type, chemical oxygen system is expected to exhibit the fastest growth during the forecast period. Chemical oxygen system generally comprises sodium chromate (NaClO3) along with smaller amounts of other chemicals and converts these chemicals into oxygen flow when the source is activated. This system is installed in the overhead stowage bin above the passenger seat. The high growth in the largely attributed by the FAA mandate on the use of the chemical oxygen system in the aircraft carrying more than 20 passengers.
A highly/moderately/fragment consolidated Market
The aerospace oxygen systems market is a highly consolidated with a few large players dominating the market. The key oxygen system manufacturers are C&D Zodiac, B/E Aerospace, Air Liquide, Cobham Plc, Ventura Aerospace, and Technodinamika Holding. New product development, such as lightweight oxygen systems, long term contracts, and collaboration with customers are the key strategies adopted by the key players to gain competitive edge in the market.
The supply chain of this market comprises raw material suppliers, component manufacturers, oxygen system manufacturers Aerospace OEMs and airline companies. The key aerospace OEMs are Boeing, Airbus, Embraer, Bombardier, ATR, Cessna, and Gulfstream. The key airline companies are Lufthansa, American Airlines, Delta Airlines, Air Asia Airlines, and China Airlines.
Regional Hegemony of North America & the dominance of OE-sales
North America is expected to remain the largest market for aerospace oxygen systems during the forecast period. Manufacturing base of Boeing and Bombardier aircraft in the US & Canada and increasing commercial, regional, and general aviation fleet size are the major drivers for the North American dominance in the global aerospace oxygen systems market.
Comprehensive Market Coverage
Click Here for Other Reports from Stratview Research in the Aerospace & Defense Industry
The Research Report offers an in-depth view of the market, its health and growth, the factors shaping the industry, the competitive dynamics and a glimpse of the future.
The following are the key features of the report:
- Strategic segmentation
- Market analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
- Detailed Competitive Rivalry landscaping
- Market trend and forecast analysis
- Future Growth Boulevards
Get a free sample of the report
An overview: Market share of the oxygen system in the aerospace industry
The oxygen systems market in the aerospace industry offers a good growth opportunity and is likely to witness 5.5% CAGR during the forecast period of 2016 to 2021. Increasing commercial and regional aircraft deliveries, high growth of wide body aircraft, and growing aircraft fleet size are the key drivers of the global aerospace oxygen systems market.
Dominance of: Passenger oxygen system and Chemical oxygen system
Passenger oxygen system is expected to remain the largest segment during the forecast period. Higher number of passenger oxygen systems in an aircraft cabin than crew oxygen systems and higher replacement rate are the major drivers for the passenger oxygen systems market.
In terms of mechanism type, chemical oxygen system is expected to exhibit the fastest growth during the forecast period. Chemical oxygen system generally comprises sodium chromate (NaClO3) along with smaller amounts of other chemicals and converts these chemicals into oxygen flow when the source is activated. This system is installed in the overhead stowage bin above the passenger seat. The high growth in the largely attributed by the FAA mandate on the use of the chemical oxygen system in the aircraft carrying more than 20 passengers.
A highly/moderately/fragment consolidated Market
The aerospace oxygen systems market is a highly consolidated with a few large players dominating the market. The key oxygen system manufacturers are C&D Zodiac, B/E Aerospace, Air Liquide, Cobham Plc, Ventura Aerospace, and Technodinamika Holding. New product development, such as lightweight oxygen systems, long term contracts, and collaboration with customers are the key strategies adopted by the key players to gain competitive edge in the market.
The supply chain of this market comprises raw material suppliers, component manufacturers, oxygen system manufacturers Aerospace OEMs and airline companies. The key aerospace OEMs are Boeing, Airbus, Embraer, Bombardier, ATR, Cessna, and Gulfstream. The key airline companies are Lufthansa, American Airlines, Delta Airlines, Air Asia Airlines, and China Airlines.
Regional Hegemony of North America & the dominance of OE-sales
North America is expected to remain the largest market for aerospace oxygen systems during the forecast period. Manufacturing base of Boeing and Bombardier aircraft in the US & Canada and increasing commercial, regional, and general aviation fleet size are the major drivers for the North American dominance in the global aerospace oxygen systems market.
Comprehensive Market Coverage
Click Here for Other Reports from Stratview Research in the Aerospace & Defense Industry
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