Global Commercial Aircraft Catalytic Ozone Converter Market 2017-2021

Overview of the global commercial aircraft catalytic ozone converter market

According to Technavio's market research analysis, the increased production and procurement of new aircraft will be one of the major factors that will have a positive impact on the global commercial aircraft catalytic ozone converter market during the forecast period. The rising order book for newer-generation fuel-efficient aircraft will remain a key driving factor for the growth of the market. The installation of efficient air management system that can lower the ozone content on the new aircrafts will rise in the market. This ensures a comfortable environment within the cabin for passengers and provides better aircraft safety. For instance, Boeing is presently developing its newest version of wide-body aircraft, B77X aircraft, that is expected to bring in more improvements in cabin air management system compared with its previous models. Our market research analysts predict that this market will grow at a CAGR of more than 5% by 2021.

The development of fault detection system for catalytic ozone converter is one of the key trends that will contribute to the market growth. The improved version of the fault detection system is increasingly used to keep track of the conversion efficiency of the catalytic ozone converter. These systems consist of a conversion efficiency module, catalyst fault detection module, and a threshold determination module. In addition, the system calculates the efficiency by taking in the restrained amount of air from the upstream and downstream ends of the catalyst to regulate the ozone content in the air.

What's your takeaway?

Technavio's industry research report titled, - Global Commercial Aircraft Catalytic Ozone Converter Market, will help you-

• Identify latent opportunities and explorative solutions in the commercial aircraft catalytic ozone converter market
• Identify your key competition, and what's making them tick?
• Help you build a comprehensive marketing plan, all permutations and combinations inclusive

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Competitive landscape and key vendors  

The commercial aircraft catalytic ozone converter market consists of few identified vendors with heavy competition among themselves. They are looking at acquiring the largest market share with their innovative and high-quality products. Moreover, it is also important for the vendors to offer cost-effective and highly dependable products with the capability of surviving hazardous atmospheric conditions with extreme mechanical stability. The growth of the ozone filter market is also seen in the market during the forecast period.

The leading vendors in the market are ?

• BASF
• Honeywell International
• MSM aerospace fabricators
• RSA Engineered Products
• UNITED TECHNOLOGIES

Segmentation by application and analysis of the commercial aircraft catalytic ozone converter market

• Narrow-body aircraft
• Wide-body aircraft
• Regional jet

During 2016, the narrow-body aircraft segment accounted for the major shares of the commercial aircraft catalytic ozone converter market. Factors such as the rising need for catalytic ozone converters to maintain the concentration of ozone in the narrow-body aircrafts and emergence of new narrow-body aircraft manufacturers will contribute to the growth of this industry segment in the coming years.

Geographical segmentation and analysis of the commercial aircraft catalytic ozone converter market

• Americas
• APAC
• EMEA

This market study estimates that in terms of geographic regions, the Americas will be the major revenue contributor to the commercial aircraft catalytic ozone converter market throughout the forecast period. The presence of large manufacturing companies and component suppliers will drive the growth of the market in this region.

Key questions answered in the report include

• What will the market size and the growth rate be in 2021?
• What are the key factors driving the global commercial aircraft catalytic ozone converter market?
• What are the key market trends impacting the growth of the global commercial aircraft catalytic ozone converter market?
• What are the challenges to market growth?
• Who are the key vendors in the global commercial aircraft catalytic ozone converter market?
• What are the market opportunities and threats faced by the vendors in the global commercial aircraft catalytic ozone converter market?
• Trending factors influencing the market shares of the Americas, APAC, and EMEA.
• What are the key outcomes of the five forces analysis of the global commercial aircraft catalytic ozone converter market?

Technavio also offers customization on reports based on specific client requirement.

Most commercial passenger aircraft are equipped with catalytic  ozone converters so that the ozone can be removed from the aircraft cabin air. This upcoming report on the commercial aircraft catalytic ozone converter market is an integral part of Technavio's aerospace and defense sector and includes a comprehensive analysis of the market trends, technological advancements, growth opportunities, and challenges specific to the sectors within the aviation and miliatry industry.

This upcoming market research report on the commercial aircraft catalytic ozone converter market covers some of the vendors such as BASF, Honeywell International, RSA, and AeroBase Group to help clients analyze the competitive landscape. According to our analysts, complexities associated with the maintenance of aircraft parts and components is likely to restrict this market's growth over the coming years. Moreover, to accurately predict the growth prospects of the commercial aircraft catalytic ozone converter market, the analysts follow the growth trajectory of similar markets such as the airport surveillance radar market, which is expected to growt at a CAGR of 5% until the end of 2021.

Over the years, the commercial aircraft catalytic ozone converter market has been growing steadily; however, factors such as the use of simulation software for design and analysis of cabin air management systems will significantly boost this market's growth. Additionally, to offer a holistic overview of the market, the report includes an analysis of the market across different geographical regions including the Americas, APAC, and EMEA. 

Technavio also offers clients the option to customize every report to suit their specific requirements and offers attractive discounts on all upcoming reports and future purchases.