DUBLIN--(BUSINESS WIRE)--The "Global Commercial Aircraft Oxygen System Market 2018-2022" report has been added to ResearchAndMarkets.com's offering.
The analysts forecast the global commercial aircraft oxygen system market to grow at a CAGR of 6.52% during the period 2018-2022.
Oxygen systems are installed in aircraft cabins and are used by passengers and crew members under cabin depressurization. They form a vital part of the aircraft cabin and ensure the safety of passengers and crew members under emergency situations.
One trend in the market is emergence of new MRO hubs in APAC. MRO in the aviation industry is a complex process that is regulated by airworthiness authorities and must adhere to strict and precise requirements to guarantee safety of crew and passengers. Every year airlines spend billions of dollars to comply with such requirements.
One driver in the market is preference for aircraft with advanced technologies. Commercial aircraft OEMs are actively engaged in the development of new-generation aircraft that feature both better fuel efficiency and increased reliability. Moreover, the demand for air travel is likely to double in next 20 years due to the growth in air travel in key countries like China, Russia, India, Indonesia, and the US.
The report states that one challenge in the market is delay in aircraft delivery. As the aviation industry is moving forward with increasing technological advancement and enhanced systems, manufacturers of various aircraft parts, components, and sub-assemblies are feeling the pressure to meet the increasing demand, budget constraints, and rapid delivery times. These factors can have a huge impact on the quality.
- Adams Rite
- Rockwell Collins
- ZODIAC AEROSPACE
Key Topics Covered:
1: Executive Summary
2: Scope Of The Report
3: Research Methodology
5: Market Landscape
6: Market Sizing
7: Five Forces Analysis
8: Market Segmentation By Aircraft Type
9: Market Segmentation By Component
10: Regional Landscape
11: Decision Framework
12: Drivers And Challenges
13: Market Trends
14: Vendor Landscape
15: Vendor Analysis
For more information about this report visit https://www.researchandmarkets.com/research/7bcj8z/global_commercial?w=4