Global Commercial Aircraft Catalytic Ozone Converter Market 2017-2021

About Commercial Aircraft Catalytic Ozone Converter

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. 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.

Technavio’s analysts forecast the global commercial aircraft catalytic ozone converter market to grow at a CAGR of 5.23% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global commercial aircraft catalytic ozone converter market for 2017-2021. To calculate the market size, the report considers the new installations and retrofit market.

The market is divided into the following segments based on geography:

• Americas
• APAC
• EMEA

Technavio's report, Global Commercial Aircraft Catalytic Ozone Converter Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

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

Market driver

• Increased production and procurement of new aircraft
• For a full, detailed list, view our report

Market challenge

• Delays in aircraft delivery
• For a full, detailed list, view our report

Market trend

• Development of fault detection system for catalytic ozone converter
• For a full, detailed list, view our report

Key questions answered in this report

• What will the market size be in 2021 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?

Press Release

Technavio Announces the Publication of its Research Report – Global Commercial Aircraft Catalytic Ozone Converter Market 2017-2021

Technavio recognizes the following companies as the key players in the global commercial aircraft catalytic ozone converter market: BASF, Honeywell International, MSM aerospace fabricators, RSA Engineered Products, and UNITED TECHNOLOGIES.

Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is Development of fault detection system for catalytic ozone converter. A catalytic ozone converter has a radiator or a heat exchanger and a catalyst that converts the ozone to oxygen. The conversion efficiency of a catalyst decreases with time. For instance, any airborne particulate matter can mask the catalyst surface over time and can prevent the air to come in contact with the catalyst, thereby reducing the conversion efficiency of the converter.”

According to the report, one of the major drivers for this market is Increased production and procurement of new aircraft. Commercial aircraft OEMs are actively involved in the development of newer-generation aircraft that have enhanced fuel-efficient features. Aircraft cruising altitudes above 40,000 feet can save a significant amount of fuel as the resistance offered by air at higher altitudes is very less. The demand for highly fuel-efficient aircraft will likely double in the upcoming 20 years. This is mainly due to the increase in the passenger traffic in the developing countries in APAC and EMEA. The year-over-year increase in air traffic has also essentialized the induction of new aircraft to facilitate the growing demand.

Further, the report states that one of the major factors hindering the growth of this market is Delays in aircraft delivery. The aviation industry is exhibiting constant growth through the use of numerous technological advancements and enhanced systems. However, this has developed a pressure on manufacturers of various aircraft parts, components, and sub-assemblies to keep pace with the increasing demand and quality, budget constraints, and rapid delivery times.

Companies Mentioned

BASF, Honeywell International, MSM aerospace fabricators, RSA Engineered Products, and UNITED TECHNOLOGIES.