Crew Oxygen Systems Market Size (2024 - 2029)

The crew oxygen systems market is experiencing growth driven by the expanding commercial aerospace industry and military aircraft modernization projects. The increasing demand for commercial aviation and the need for advanced oxygen systems in military operations are key factors influencing the market size. Additionally, international aviation safety standards play a crucial role in shaping the demand, as they dictate the design and approval processes for these systems. However, the high development costs pose a challenge to market expansion.

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Market Size of Crew Oxygen Systems Industry

Crew Oxygen Systems Market Summary
Study Period 2024-2029
Market Size (2024) USD 664.55 Million
Market Size (2029) USD 872.82 Million
CAGR (2024 - 2029) 7.18 %
Fastest Growing Market Asia Pacific
Largest Market North America

Major Players

Crew Oxygen Systems Market Major Players

*Disclaimer: Major Players sorted in no particular order

Crew Oxygen Systems Market Analysis

The Crew Oxygen Systems Market size is estimated at USD 664.55 million in 2024, and is expected to reach USD 872.82 million by 2029, growing at a CAGR of 7.18% during the forecast period (2024-2029).

  • The rapid growth of the commercial aerospace industry across the globe is a key factor influencing the crew oxygen systems market. Aircraft fleet expansion initiatives by major airlines, the rising demand for commercial aviation, and military aircraft modernization projects collectively contribute to increased demand for crew oxygen systems. The increase in air passenger traffic is leading to more aircraft orders around the world to meet market demand. This, in turn, leads to increased cabin crew strength, thus ultimately leading to a significant rise in demand for crew oxygen systems. 
  • Moreover, the military end users influence the demand as defense forces worldwide prioritize advancements in aviation technology. The need for sophisticated oxygen systems is driven by evolving military strategies that involve extended flight durations and operations at high altitudes.
  • International aviation safety standards, such as those set by the Federal Aviation Administration (FAA) and the European Union Aviation Safety Agency (EASA), significantly influence the demand for crew oxygen systems. These safety standards and compliances, which include safety certification requirements and contribute to an evolving stringent regulatory landscape, directly shape the design, development, and approval processes of critical aircraft components. On the other hand, the high cost associated with the development of oxygen systems hinders the market growth.

Crew Oxygen Systems Industry Segmentation

Crew oxygen systems provide oxygen to the crew inside an operational aircraft. There are several components used in aircraft oxygen systems, such as oxygen storage, oxygen delivery, and oxygen masks.

The crew oxygen systems market is segmented by application, component, and geography. By application, the market is segmented into commercial aviation, military aviation, and general aviation. By component, the market is segmented into oxygen mask, oxygen storage system, and oxygen delivery system. The report also covers the market sizes and forecasts for the crew oxygen systems market in major countries across different regions. 

For each segment, the market size is provided in terms of value (USD).

Application
Commercial Aviation
Military Aviation
General Aviation
Component
Oxygen Mask
Oxygen storage system
Oxygen Delivery system
Geography
North America
United States
Canada
Europe
United Kingdom
Germany
France
Russia
Rest of Europe
Asia Pacific
China
India
Japan
South Korea
Rest of Asia Pacific
Latin America
Brazil
Rest of Latin America
Middle East and Africa
Saudi Arabia
United Arab Emirates
South Africa
Rest of Middle East and Africa
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Crew Oxygen Systems Market Size Summary

The crew oxygen systems market is poised for significant growth, driven by the expanding commercial aerospace industry and military aircraft modernization projects. The increasing demand for air travel has led to a surge in aircraft orders, necessitating a rise in cabin crew strength and, consequently, a heightened demand for crew oxygen systems. This demand is further bolstered by the military's focus on advanced aviation technologies, which require sophisticated oxygen systems for extended flight durations and high-altitude operations. Compliance with international aviation safety standards, such as those from the FAA and EASA, also plays a crucial role in shaping the market, as these regulations dictate the design and approval processes for oxygen systems. However, the high development costs associated with these systems pose a challenge to market growth.

North America dominates the crew oxygen systems market, largely due to the robust demand for air travel in the United States, a large fleet size, and substantial defense investments. The U.S. airline industry, despite facing a pilot shortage, continues to expand its fleet to meet growing travel demands, thereby driving the need for oxygen systems. Key players in the market, including RTX Corporation, Safran, and Parker-Meggitt, are heavily investing in research and development to create advanced, lightweight oxygen systems. Strategic acquisitions, such as Safran's negotiations with Air Liquide, aim to enhance product offerings in onboard oxygen generation systems, further solidifying their market positions. The market's semi-consolidated nature is characterized by the significant influence of major aerospace companies like Boeing, Bombardier, and Airbus, which shape market dynamics through their production and technology integration efforts.

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Crew Oxygen Systems Market Size - Table of Contents

  1. 1. MARKET DYNAMICS

    1. 1.1 Market Overview

    2. 1.2 Market Drivers

    3. 1.3 Market Restraints

    4. 1.4 Porters' Five Forces Analysis

      1. 1.4.1 Threat of New Entrants

      2. 1.4.2 Bargaining Power of Buyers/Consumers

      3. 1.4.3 Bargaining Power of Suppliers

      4. 1.4.4 Threat of Substitute Products

      5. 1.4.5 Intensity of Competitive Rivalry

  2. 2. MARKET SEGMENTATION

    1. 2.1 Application

      1. 2.1.1 Commercial Aviation

      2. 2.1.2 Military Aviation

      3. 2.1.3 General Aviation

    2. 2.2 Component

      1. 2.2.1 Oxygen Mask

      2. 2.2.2 Oxygen storage system

      3. 2.2.3 Oxygen Delivery system

    3. 2.3 Geography

      1. 2.3.1 North America

        1. 2.3.1.1 United States

        2. 2.3.1.2 Canada

      2. 2.3.2 Europe

        1. 2.3.2.1 United Kingdom

        2. 2.3.2.2 Germany

        3. 2.3.2.3 France

        4. 2.3.2.4 Russia

        5. 2.3.2.5 Rest of Europe

      3. 2.3.3 Asia Pacific

        1. 2.3.3.1 China

        2. 2.3.3.2 India

        3. 2.3.3.3 Japan

        4. 2.3.3.4 South Korea

        5. 2.3.3.5 Rest of Asia Pacific

      4. 2.3.4 Latin America

        1. 2.3.4.1 Brazil

        2. 2.3.4.2 Rest of Latin America

      5. 2.3.5 Middle East and Africa

        1. 2.3.5.1 Saudi Arabia

        2. 2.3.5.2 United Arab Emirates

        3. 2.3.5.3 South Africa

        4. 2.3.5.4 Rest of Middle East and Africa

Crew Oxygen Systems Market Size FAQs

The Crew Oxygen Systems Market size is expected to reach USD 664.55 million in 2024 and grow at a CAGR of 7.18% to reach USD 872.82 million by 2029.

In 2024, the Crew Oxygen Systems Market size is expected to reach USD 664.55 million.

Crew Oxygen Systems Market Report Snapshots

Crew Oxygen Systems Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)