(Aviation-NewsWire.Com, March 12, 2018 ) Catalytic ozone converter is a device used in aircraft to eliminate the undesired ozone in the air flow that is supplied to the aircraft cabin space by converting ozone to oxygen. Such converters usually include a catalyst reactor bed that is exposed to the air flow stream to decompose the ozone to oxygen. The demand and consumption of commercial aircraft catalytic ozone converters are highly dependent on the increase in the adoption of air management systems. There is strong evidence that the air management system manufacturing industry will witness a significant growth owing to the demand for improved flight experience from airline operators, who intend to ensure a comfortable and safe environment within the aircraft cabin.
Publisher's analysts forecast the global commercial aircraft catalytic ozone converter market to grow at a CAGR of 5.23% during the period 2017-2021.
This market will also propel by the increasing number of commercial aircraft procurement, especially in the narrow-body aircraft and regional jet segments. Asian countries will procure a higher number of technologically advanced aircraft due to the substantial increase in passenger traffic in this region. Such developments will enhance the requirement of air management systems, thereby increasing the consumption of catalytic ozone converters.
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.
Market driver -Increased production and procurement of new aircraft
Market challenge -Delays in aircraft delivery
Market trend -Development of fault detection system for catalytic ozone converter
Fundamentals of Table of Content:
PART 01: Executive summary PART 02: Scope of the report PART 03: Market research methodology PART 04: Introduction PART 05: Global construction market PART 06: Market drivers PART 07: Market trends PART 08: Global AEC market PART 09: Market segmentation by product PART 10: Geographical segmentation PART 11: Market challenges PART 12: Impact of drivers and challenges PART 13: Five forces model PART 14: Key vendor analysis PART 15: Key vendor profiles
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