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Market Research Report

Commercial Aircraft (Catalytic) Ozone Converter Market: Industry Share, Emerging Technologies, Trends, Competitive Analysis, Opportunity Assessment, & Forecast 2017-2025

Published On : 2018-07-07 Report Page : 250 Category: Aviation & Defense

Global Commercial Aircraft Ozone Converter Market 2017-2025

Market Overview

Ozone converter is the advanced technology to keep the aircraft cabin environment healthy and provide greater comfort to passengers, pilots and flight attendants. The experience of jet lag and air sickness after the journey is due to exposure to ozone that enters the aircraft through air conditioner ducts. Globally rising number of commercial aircraft is primarily driving the growth of the ozone converter market. In 2017, approximately there were 23,600 operational commercial aircraft (passenger and cargo) worldwide, which is growing annually at a rate of 3.4%. Moreover, growing air passenger traffic impacted by the globalization is further inducing the growth in the number of aircraft and is thus opening the growth opportunities for the application of ozone converters.

Global aircraft manufacturer- Boeing, in 2017 delivered 41,030 aircrafts globally with the highest share of Asia-Pacific region, supplying 16,050 aircrafts. Technological advancement in ozone converters is witnessing a trend to detect a fault in the catalytic ozone converter tends to propel the growth of the market. Further, various aircraft parts and components manufacturers, ozone converter being one of them, faces a challenge of delay in delivery of aircrafts from the OEMs. The rising pressure on the manufacturers along with maintaining the cost and quality is hindering the performance of the market. Goldstein Research analyst forecast that the global commercial aircraft ozone converter market is set to grow at a CAGR of 5.3% over the forecast period (2017-2025).

Global Commercial Aircraft Catalytic Ozone Converter Market Segmentation

By Commercial Aircraft Type

  • Narrow-Body Aircraft
  • Wide-Body Aircraft
  • Regional Jet

On the basis of commercial aircraft type, narrow-body aircraft segment accounted for the largest market share of 40.3% in 2017 in the application of ozone converters.

By End-User

  • OEM (Original Equipment Manufacturer)
  • Aftermarket

By Geography

  • North America (U.S. & Canada)  Commercial Aircraft Ozone Converter Market {Market Share (%), Market Size (USD Billion)}
  • Latin America (Brazil, Mexico, Argentina & Rest Of Latin America)  Commercial Aircraft Ozone Converter Market {Market Share (%), Market Size (USD Billion)}
  • Europe (The U.K., Germany, France, Italy, Hungary, Spain, Poland, Sweden & Roe)  Commercial Aircraft Ozone Converter Market {Market Share (%), Market Size (USD Billion)}
  • Asia-Pacific (China, India, Japan, Singapore, South Korea, Australia, New Zealand, Rest Of Asia)  Commercial Aircraft Ozone Converter Market {Market Share (%), Market Size (USD Billion)}
  • The Middle East & Africa (GCC, South Africa, North Africa, Romea) Commercial Aircraft Ozone Converter Market {Market Share (%), Market Size (USD Billion)}

Based on geography, Asia-Pacific region accounted for the largest market share of 37.2% in 2017 due to the demand for aircrafts in the region on account of rising air passenger traffic. North America market share closely follows APAC market on the back of presence of major market players in the region.

Covered In This Global Commercial Aircraft Ozone Converter Market Report

The report covers the present market trends and the future growth analysis of the commercial aircraft catalytic ozone converter market for 2017-2025 along with the major players’ analysis. We calculated the market size and revenue share on the basis of revenue generated from major players in the Global region.

Global Commercial Aircraft Ozone Converter Market Outlook 2017-2025, has been prepared based on an in-depth market analysis from market experts. The report covers the competitive landscape and current position of major players in the Global commercial aircraft catalytic ozone converter market space. The report also includes Porter’s five force model, SWOT analysis, company profiling, business strategies of market players and their business models. “Global Commercial Aircraft Ozone Converter Market Report” also recognizes value chain analysis to understand the cost differentiation, pricing models to provide a competitive advantage to the existing and new entry players.

Our Global commercial aircraft ozone converter market report comprises of the following companies as the key players: BASF, Honeywell International, MSM aerospace fabricators, RSA Engineered Products, United Technologies, LIMCO Airepair, Inc., Newport Corporation, UTC Aerospace Systems, etc.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the farm market. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

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Key questions answered in this Global Commercial Aircraft Ozone Converter Market Report

  • What is the total market size by 2025 and what would be the expected growth rate of the market?
  • What is the total revenue per segment and region in 2015-16 and what would be the expected revenue per segment and region over the forecast period?
  • What are the key market trends?
  • What are the factors which are driving this market?
  • What are the major barriers to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities for the existing and entry level players?
  • What are the recent developments and business strategy of the key players?

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Commercial Aircraft (Catalytic) Ozone Converter Market: Industry Share, Emerging Technologies, Trends, Competitive Analysis, Opportunity Assessment, & Forecast 2017-2025

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