The
global commercial aircraft oxygen system market is subject to witness a substantial
growth due to the easy availability and increase in the number of aircraft
carriers across the globe. Growing awareness among general population
associated with need for efficient aircraft oxygen system is expected to fuel
market demand in the upcoming years. Globally, the market is predicted to
generate massive revenue in the following years, providing numerous
opportunities for market players to invest for research and development in the
commercial aircraft oxygen system market.
An
aircraft oxygen system is responsible for providing oxygen supply to passengers
and crewmembers of an aircraft during certain situations. An aircraft oxygen
system is particularly required when air pressure in aircraft reduces while
operating above 12,000 ft., or in emergencies such as emergency landing. The
recent technological advancement in aviation sector coupled with development of
novel systems are expected to favor market growth over the next seven years. In
addition, increase in number of activities involving mergers, acquisitions and
partnerships major aircraft manufacturers are expected to offer lucrative
growth opportunities for businesses in the near future.
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Substantial
rise in air traffic in both international as well as domestic sector is
predicted to boost market demand for aircraft oxygen system across the globe.
Factors responsible for robust growth of the market include rising disposable
income, increase in air traffic and lower airfare, particularly in Asia Pacific
region are anticipated to positively affect industry growth over the forecast
period.
The
market is broadly categorized into major segments based on end-user application
type such as aircraft oxygen system manufacturers, aviation regulatory
authorities, sub-component manufacturers and technology support providers. The
aircraft oxygen system manufacturing is considered as one of the highly growing
segment in the market with substantial revenue generation in the last few
years. Growing popularity of aircraft oxygen system manufacturing segment is
attributed to the increase in air traffic across the globe.
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Market Segment:
The following manufacturers are covered
in this report:
•
Adams Rite
•
Cobham
•
Rockwell Collins
•
Technodinamika
•
ZODIAC AEROSPACE
Commercial Aircraft Oxygen System
Breakdown Data by Type
•
Storage System
•
Supply System
•
Mask Or Conduit
Commercial Aircraft Oxygen System
Breakdown Data by Application
•
Narrow Body Machine
•
Big Aircraft
•
Feeder Machine
Commercial Aircraft Oxygen System
Production by Region
•
United States
•
Europe
•
China
•
Japan
•
South Korea
•
India
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