DUBLIN, March 3, 2016 /PRNewswire/ --
Research and Markets (http://www.researchandmarkets.com/research/7xxdbk/commercial) has announced the addition of the "Commercial Aircraft Oxygen System Market by System, Component, Mechanism, Technology and Geography - Global Forecast to 2020" report to their offering.
The commercial aircraft oxygen systems (CAOS) market is expected to witness a healthy growth during the forecast period.
The market is projected to reach USD 4.47 billion by 2020 at a CAGR of 6.33% from 2015 to 2020. The market is mainly driven by the increase in commercial aircraft deliveries due to rise in air travel and the high growth of the retrofit market in the European and Asia-Pacific regions respectively.
Chemical oxygen generators provide oxygen through chemical reaction. These generators have a limited shelf life, after which they must be replaced. Chemical oxygen generators for passengers are installed in the overhead compartments above the passenger seats. The high growth of the chemical oxygen generator segment in the CAOS market is due to a recent mandate by the FAA to install chemical oxygen generators in aircraft carrying more than 20 passengers. The European region is the second-largest market for chemical oxygen generators.
The CAOS market is dominated by the passenger aircraft oxygen system segment, both in terms of growth rate and market share. Passenger oxygen systems have higher replacement frequency when compared to crew oxygen systems. Some of the components of the crew oxygen system, such as oxygen delivery system, are not replaced. Whereas, in case of the passenger oxygen system, the entire system is replaced once the system reached its useful service life. Hence, market for the passenger oxygen systems is expected to register a higher CAGR than the crew systems.
Companies Mentioned:
- Aeromedix.Com LLC
- Air Liquide
- Aviation Oxygen System, Inc.
- B/E Aerospace, Inc.
- Basa Aviation Ltd.
- Cobham PLC
- Precise Flight, Inc.
- Technodinamika Holding, JSC
- Ventura Aerospace, Inc.
- Zodiac Aerospace S.A.
Topics Covered:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 By System
8 By Component
9 By Mechanism
10 By Technology
11 By Geography
12 Competitive Landscape
13 Company Profile
For more information visit http://www.researchandmarkets.com/research/7xxdbk/commercial
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