Commercial Aircraft Oxygen Systems Market Worth 4.47 Billion USD by 2020
The report "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", published by MarketsandMarkets, the CAOS market is projected to reach USD 4.47 Billion by 2020, at a CAGR of 6.33% from 2015 to 2020.
Browse 91 market data Tables and 61 Figures spread through 140 Pages and in-depth TOC on "Commercial Aircraft Oxygen System Market"
Inquiry Before Buying
http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=93337903
Factors
such as easy availability of smaller robust components, growth in the
line fit market, and increase in in passenger traffic worldwide will
drive the growth of the CAOS market.
Europe
is one of the leading regions in the commercial aircraft oxygen systems
market, considering the advancements made in the civil aviation sector.
It has commanded 20% of the existing aircraft fleet globally, which has
opened opportunities for the retrofit market in this region. Also, this
region is a leading manufacturer of commercial aircraft, such as Airbus
and ATR, which has further led to the rise in demand for aircraft
oxygen systems.
The line fit assembly market is very limited in the Asia-Pacific and the Middle East
regions due to non-existence of commercial aircraft manufacturers. The
oxygen delivery systems have negligible market share in these regions as
these systems are installed during the aircraft manufacturing process.
The North American and the European regions accounted for a larger share
in the commercial aircraft oxygen systems market.
The market for lavatory oxygen systems is expected to witness the highest growth during the forecast period.
A
lavatory oxygen system provides oxygen to passengers occupying the
aircraft lavatory during a cabin depressurization event. Recent lavatory
oxygen systems are designed to match the descent profiles of oxygen
generators that were previously installed in aircraft lavatories. In
2011, in a security-related decision, the FAA ordered aircraft operators
to remove or disable the existing lavatory oxygen systems. However, in
2013, the FAA revised these regulations and mandated each aircraft type
to install lavatory oxygen systems in aircraft lavatories for passenger
safety.
Key players operating in the commercial aircraft oxygen systems market include B/E Aerospace (U.S.), Zodiac Aerospace S.A. (France), Cobham plc (U.K.), and Technodinamika (Russia).
The
forecast of the size of the commercial aircraft oxygen systems market
for 2020 is determined by extensive primary and secondary research and
integration of inputs on the key drivers and trends in this market. The
market scope covers the segments and subsegments of the commercial
aircraft oxygen systems market, namely, system, component, mechanism,
and technology.
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
Email: newsletter@marketsandmarkets.com
No comments:
Post a Comment