Passenger Emergency Oxygen Deployment Systems Market

Passenger Emergency Oxygen Deployment Systems Market Size (2023-2028):

The passenger emergency oxygen deployment systems market was valued at US$ 4.47 Billion in 2022 and is anticipated to increase to US$ 10.23 Billion by 2028, with a growing CAGR of 6.33% 

Emergency oxygen systems are fitted to pressurized commercial airplanes and are designed to be used when the cabin pressurization system fails and the cabin altitude rises over a safe level. It consists of a number of individual yellow oxygen masks housed in compartments near passenger seats as well as locations such as bathrooms and galleys, as well as an oxygen supply such as a centralized gaseous cylinder or a dispersed chemical oxygen generator.

Airplanes emergency oxygen systems, often known as air masks, are safety devices included in pressurized commercial aircraft that are used whenever the cabin pressurization system breaks down and the cabin altitude rises over a safe level. It contains a number of individualized yellow oxygen masks housed in compartments near passenger seats as well as locations such as bathrooms and galleys, as well as an oxygen supply such as a centralized gaseous cylinder or a dispersed chemical oxygen generator. A yellow, soft silicon face cup with white elastic bands for holding the mask to the passenger's face makes up an oxygen mask. Pulling two sides looped through the face cup adjusts the band. The masks may also include a concentrate or re-breather bag that inflates or deflates depending on cabin altitude, which has (in some cases) caused passengers to be concerned that the mask was not giving enough oxygen, prompting some to remove it, resulting in hypoxia. Every airline now emphasizes the fact that now the bag may still not inflate in the safety film or demonstration.

Passenger Emergency Oxygen Deployment Systems Market Drivers:

The market for passenger emergency oxygen deployment systems is growing due to an increase in the number of orders & deliveries of new commercial aircraft due to an increase in air traffic passengers.

During the projected period, the need for emergency oxygen systems in aircraft is expected to rise due to rising orders & deliveries of new commercial planes due to rising air traffic passenger numbers.

The growing military spending of emerging nations is driving investments in next-generation aircraft purchases to improve their aviation capabilities. Furthermore, combat aircraft are needed to conduct High-G maneuvers, which necessitate the use of an oxygen mask by the pilot in order to maintain awareness. The expansion of oxygen systems inside military aircraft is expected to be aided by these planned purchases. Therefore, rising military spending by emerging countries to improve their air capabilities is expected to provide market possibilities for the global passenger emergency oxygen deployment systems market.

_{Passenger Emergency Oxygen Deployment Systems Market Restraints:}

The major factor that is restraining the global passenger emergency oxygen deployment systems market is the maintenance of oxygen systems, the necessity for frequent maintenance of oxygen systems has been a limitation in airplanes as the aircraft is huge, and the aircraft are hard to be cleaned and the aircraft are always busy with a lot of passengers traveling around the world. In the aircraft, all open ports & fittings should be capped during maintenance to prevent moisture & contaminants from entering. Steel and composite cylinders are the two most popular types of cylinders used in aviation gaseous oxygen systems. Thus it is hard for maintaining such a mechanism.

PASSENGER EMERGENCY OXYGEN DEPLOYMENT SYSTEMS MARKET REPORT COVERAGE:

Market Segmentation:

Passenger Emergency Oxygen Deployment Systems Market By Type:

• Chemical Oxygen generator

• Compressed Oxygen system

A chemical oxygen generator is anticipated to increase the share of the global passenger oxygen deployment system. The Chemical Oxygen generator generates a chemical process to release oxygen. A firing pin normally ignites the generator, as well as the chemical reaction, is a generally endothermic reaction, rendering the generator a possible fire danger. Passengers on commercial flights are given emergency oxygen in the event of cabin pressure loss. Instead of chemical oxygen generators, the cockpit crew is frequently provided with compressed oxygen canisters, sometimes known as oxygen bottles. Each row of seats on narrow-body planes had overhead oxygen masks & oxygen generators.

Passenger Emergency Oxygen Deployment Systems Market By Application:

• Commercial Aviation

• Military Aviation

• General Aviation

Commercial aviation is expected to increase the share of the global passenger oxygen deployment system. Commercial aviation helps the market CAGR to boost in this segment, as commercial aviation has good number usage of oxygen systems.

The Passenger Emergency Oxygen Deployment Systems Market-By Region:

• North America 

• Europe 

• Asia Pacific 

• Latin America

• Middle East and Africa 

Asia-Pacific is likely to overtake the United States as the leading commercial aviation market. China is shifting towards a more customer service-based economy, which will help to maintain future air travel demand. The global passenger emergency oxygen deployment systems market is likely to be driven by increased air travel and the associated acquisition of new aircraft in the developing world.

Europe holds the larger share of the global passenger emergency oxygen deployment system market. The major countries covered under Europe include Germany, the United Kingdom, France, and Russia. These nations help in the development of the global market.

North America holds a significant amount of share the global passenger emergency oxygen deployment systems market

Recent Developments:

1^st May 2020: Aerox Aviation Oxygen Systems is acquired by O2 Aero Acquisitions. Shaw Aerox (Aerox), a renowned designer and producer of static and mobile oxygen systems and accessories for aviation & medical consumers, has been bought by O2 Aero Acquisitions. Aerox Aviation Oxygen Systems is the new name for the corporation O2 Aero.

23^rd September 2021: Airbus is partnering with Caeli Nova, an oxygen technology company, to increase onboard passenger oxygenation in rare emergency decompression incidents. Cordillera, a patent emergency oxygen system developed by Caeli Nova, may optimize passenger oxygen and payload planning while also lowering the aircraft's carbon footprint. The technology allows the plane to safely shift to a higher elevation and fly a more direct path, decreasing flight durations and, as a result, fuel consumption and carbon emissions.

Impact of COVID-19 on Oxygen Deployment Systems Market

World Health Organization (WHO) declared coronavirus illness after the COVID-19 disease outbreak, the epidemic has spread to practically every country on the planet. The global passenger emergency oxygen deployment system market has been influenced by the COVID-19 epidemic. The worldwide population has prohibited themselves from leaving their houses and is on the verge of limiting themselves to their homes, which is having an influence on the global market. Nearly all governments have enforced lockdowns and stringent social distancing measures. As a result, passengers have been unable to travel and, as a result of the imposed travel limitations, planes have not been used.

Passenger Emergency Oxygen Deployment Systems Market Key Players:

• Safran SA
• Collins Aerospace
• Meggitt PLC
• Rostec State Corporation
• Worthington Industries Inc.
• Cobham PLC
• Aerox Aviation Oxygen Systems
• Air Liquide
• Ventura Aerospace, Inc.