The Business Research Company’s Aerospace Oxygen System Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Aerospace Oxygen System Global Market Report 2023 evaluates aerospace oxygen system market size, growth rate, drivers, trends, and major companies.
The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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The global aerospace oxygen system market is expected to grow from $4.74 billion in 2022 to $5.11 billion in 2023 at a compound annual growth rate (CAGR) of 7.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. 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 aerospace oxygen system market is expected to reach $6.59 billion in 2027 at a CAGR of 6.6%.
The increase in air traffic is expected to propel the growth of the aerospace oxygen system market going forward. Air traffic refers to aircraft movement through the airspace, including take-off, landing, and navigation of planes, helicopters, and other aerial vehicles. Aerospace oxygen systems are necessary for air traffic operations in high-altitude flights or military missions. These systems allow workers, including pilots, crew members, and specialist operators, to work efficiently and safely at high altitudes where the oxygen concentration is too low for regular breathing. For instance, in March 2023, according to a report published by the Bureau of Transportation Statistics, a US-based government agency, in 2022, US airlines transported 194 million more passengers than in 2021, a 30% increase year on year. From January to December 2022, US airlines handled 853 million passengers (unadjusted), up from 658 million in 2021 and 388 million in 2020. Therefore, the increase in air traffic is driving the growth of the aerospace oxygen system market.
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The Aerospace Oxygen System Market Segments In The Report Are:
Aerospace Oxygen System By Product:
Liquid Oxygen System
Gaseous Oxygen System
On Board Oxygen Generation System
Aerospace Oxygen System By System:
Protective Breathing
Portable Oxygen System
Integrated System
Aerospace Oxygen System By Category:
Storage System
Delivery System
Oxygen Mask And Cannulas
Aerospace Oxygen System By Mechanism:
Chemical Oxygen Generator
Compressed Oxygen System
Aerospace Oxygen System By Application:
Passenger Seating Area
Cabin Crew Area
Other Applications
Top Key Players:
Honeywell International Inc.
Air Liquide S.A.
Safran S.A.
Eaton Corporation
Rockwell Collins Inc.
The table of contents in TBRC’s aerospace oxygen system market report includes:
1. Executive Summary
2. Aerospace Oxygen System Market Characteristics
3. Aerospace Oxygen System Market Trends And Strategies
4. Aerospace Oxygen System Market – Macro Economic Scenario
5. Global Aerospace Oxygen System Historic Market Size and Growth, 2017 – 2022, Value ($ Billion)
……
32. Global Aerospace Oxygen System Market Competitive Benchmarking
33. Global Aerospace Oxygen System Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Aerospace Oxygen System Market
35. Aerospace Oxygen System Market Future Outlook and Potential Analysis
36. Appendix
List Of Tables
Table 1: Global Historic Market Growth, 2017-2022, $ Billion
Table 2: Global Forecast Market Growth, 2022-2027F, 2032F, $ Billion
Table 3: Global Aerospace Oxygen System Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
Table 4: Global Aerospace Oxygen System Market, Segmentation By System, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
Table 5: Global Aerospace Oxygen System Market, Segmentation By Category, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
……
Table 76: Honeywell International Inc. Financial Performance
Table 77: Air Liquide S.A. Financial Performance
Table 78: Safran S.A. Financial Performance
Table 79: Eaton Corporation Financial Performance
Table 80: Rockwell Collins Inc. Financial Performance
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