The unexpected shifts in the global markets because of the sudden outbreak of the COVID-19 virus have brought many major and minor tremors to industries of all sizes including the Military Aircraft Oxygen Systems Market.
It was estimated prior to this unanticipated outbreak that the Military Aircraft Oxygen Systems Market will reach US$ 238.6 million in 2025. However, the gradual slowing down of industries will undoubtedly impose limits on the previously estimated growth rate.
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Military Aircraft Oxygen Systems Market Segment Insights:
By Aircraft Type:
Combat aircraft is likely to remain the largest segment of the market during the forecast period. The increasing production rate of the key programs, especially F-35 coupled with a huge aircraft fleet is likely to create a strong demand for oxygen systems in the combat aircraft segment.
OBOGS supply type is gaining traction in the military aircraft industry in the wake of its durability and the ability to generate 95% oxygen at very low pressure. It also has the ability to generate oxygen on the spot, which is one of the major factors driving its growth.
Pressure demand is likely to remain the most dominant as well as the fastest-growing delivery type in the market during the forecast period. Pressure demand delivery type allows flying the military aircraft with crew above 40,000 feet, where 100% oxygen without positive pressure deliveries (continuous flow and diluter demand deliveries) doesn’t work.
By Region:
North America is projected to remain the largest market during the forecast period. The USA is the growth engine of the North American military aircraft oxygen systems market. The country is the hub of the aerospace industry with the presence of several tier players, oxygen system manufacturers, and aircraft OEMs.
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