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The global aircraft oxygen systems (AOS) market is projected to grow from USD 3.29 Billion in 2015 to USD 4.47 Billion by 2020, at a CAGR of 6.33% during the forecast period, 2015 to 2020. <br>Various factors, such as growing demand for new aircraft deliveries, increasing passenger traffic across the globe, need for lightweight aircraft equipment, and growth opportunities in the aftermarket for aircraft equipment are expected to drive the growth of the global aircraft oxygen systems market.<br>
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MarketsandMarkets Presents Aircraft Oxygen Systems Market worth 4.47 Billion USD by 2020 The global aircraft oxygen systems (AOS) market is projected to grow from USD 3.29 Billion in 2015 to USD 4.47 Billion by 2020, at a CAGR of 6.33% during the forecast period, 2015 to 2020. By system, the global aircraft oxygen systems market is segmented into passenger oxygen system and crew oxygen system. The passenger oxygen system segment is expected to lead the global aircraft oxygen systems market as replacement cycle required for passenger oxygen systems is of shorter duration. Browse 91 market data Tables and 61 Figures spread through 144 Pages and in-depth TOC on "Commercial Aircraft Oxygen System Market - Global Forecast to 2020"
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. Download PDF Brochure@ http://bit.ly/2rBQfNJ Early buyers will receive 10% customization on reports. The market is segmented on the basis of mechanism, system, component, technology, and region
The North American region is estimated to hold the largest share in the global aircraft oxygen systems market in 2015 and is expected to lead the market during the forecast period, 2015 to 2020. The aircraft oxygen systems market in Europe is projected to grow at the highest CAGR during the forecast period, owing growth of line fit market. The aircraft oxygen systems market in the Asia-Pacific region is expected to witness growth during the forecast period, owing to increasing demand for new aircraft by various airlines in the region. Stringent regulations for air safety and limited production capacity of suppliers are the factors restraining growth of this market. The reports contains list of products offered by various companies in the global aircraft oxygen systems market. The recent developments section of the report contains recent and important developments made by various companies between 2012 and 2015. Get More Information@ http://bit.ly/2r6hZGM The line fit assembly market is very limited in the Asia-Pacific and the Middle East regions due to non-existence of aircraft manufacturers.
The ecosystem of the AOS market comprises various component suppliers of for oxygen systems. The various AOS component manufacturers and suppliers, such as B/E Aerospace, Inc. (U.S.) and Cobham Plc (U.K.) that sell various components to AOS manufacturers are an important part of the AOS ecosystem. These companies also manufacture AOS in-house. This study answers several questions for the stakeholders; primarily which segments to focus over the next five years for prioritizing efforts and investments. Stringent regulations for air safety and limited production capacity of suppliers are the factors restraining growth of this market. The reports contains list of products offered by various companies in the global aircraft oxygen systems market. The recent developments section of the report contains recent and important developments made by various companies between 2012 and 2015. The key players in the global aircraft oxygen systems market are B/E Aerospace, Inc. (U.S.), Zodiac Aerospace (France), Cobham plc (U.K.), and Technodinamika (Russia).
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