Defence, Marine & Aerospace Aerospace Oxygen Systems Market

Global Aerospace Oxygen Systems Market Anticipated to Record
at a CAGR of 6.55% during 2019-2027
Research Nester recently published report titled “Aerospace Oxygen
Systems Market: Global Demand Analysis & Opportunity Outlook
2027” delivers detailed overview of the aerospace oxygen systems market in
terms of market segmentation by aircraft type, by system type, by component
type, by mechanism and by region.
The global aerospace oxygen systems market is anticipated to record a
CAGR of around 6.55% during the forecast period i.e. 2019-2027. The market
is segmented by aircraft type into narrow body, wide body aircrafts and
others. The market is further segmented by system type into passenger
oxygen and crew oxygen. On the basis of component type, the market is
segmented into storage system, delivery system and mask. By mechanism,
the market is segmented into compressed and chemical.
North America region is anticipated to witness largest share in terms of
revenue in the market over the forecast period. Major aircraft manufacturers
such as Cessna, Boeing and Bombardier are focusing on expanding their fleet
size in order to cater to the increasing demand for small and medium-sized
commercial planes and aerospace oxygen systems market is expected to grow
rapidly, contributing to the growth of the region. Middle East and Africa and
Latin America region may face challenges due to limited availability of
aircraft manufacturers in the region. Asia Pacific region is expected to create
huge opportunities as compared to other regions, with great volume demand
led by India and China. Western Europe market is anticipated to witness
significant growth post 2018 and Russia and Poland are expected to create
viable opportunities during the forecast period owing to the application in