The Aircraft Oxygen Systems Global Market Report 2023, provides comprehensive information on the aircraft oxygen systems market across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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As per The Business Research Company’s Aircraft Oxygen Systems Global Market Report 2023, the market size is expected to grow from $5.03 billion in 2022 to $5.33 billion in 2023 at a compound annual growth rate (CAGR) of 6.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global aircraft oxygen systems market size is expected to reach $6.83 billion in 2027 at a CAGR of 6.4%.
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Advancements in oxygen storage systems are a key trend gaining popularity in the oxygen storage system market. Major companies operating in the oxygen storage system market are involved in developing new and improved advanced oxygen storage systems for various industries to sustain their position in the market. In February 2023, Adamant Composites Ltd., a Greece-based high-tech industrial products and services company for space, aerospace, defense, and energy storage, announced a collaboration with HyImpulse, a Germany-based private space launch company, for the development and testing of a number of liner-less CFRP liquid oxygen (LOX) compatible tanks for small space launch vehicles. These tanks are significantly lighter and cheaper to produce than aluminum tanks because of the use of Toray thermoset uni-directional prepregs. The composite maintains its integrity during the abrupt thermal contraction brought on by the rapid propellant filling at cryogenic temperatures.
The aircraft oxygen systems market is segmented:
1) By System: Passenger Oxygen System, Crew Oxygen System
2) By Aircraft Type: Narrow Body Aircraft, Wide Body Aircraft, Very Large Body Aircraft, Regional Aircraft
3) By Component: Oxygen Storage System, Oxygen Delivery System, Oxygen Mask System
4) By Technology: Chemically-Induced System, Compressed Oxygen System
5) By End-User: Commercial Aviation, Military Aviation, Other End-Users
North America was the largest region in the aircraft oxygen systems market in 2022.
The table of contents in TBRC’s aircraft oxygen systems market report includes:
1. Executive Summary
2. Aircraft Oxygen Systems Market Characteristics
3. Aircraft Oxygen Systems Market Trends And Strategies
4. Aircraft Oxygen Systems Market - Macro Economic Scenario
5. Aircraft Oxygen Systems Market Size And Growth
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26. Africa Aircraft Oxygen Systems Market
27. Aircraft Oxygen Systems Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Aircraft Oxygen Systems Market
29. Aircraft Oxygen Systems Market Future Outlook and Potential Analysis
30. Appendix
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