Aerospace Valves Market Size, Share, and Analysis, By Type (Pressure Control Valves, Butterfly Valves, Gate Valves, Ball Valves, Rotary Valves, Relief Valves, Solenoid Valves, Other), By Aircraft Type (Narrow-body Aircraft, Wide-body Aircraft, Spacecraft, Helicopter, General Aviation, Military Aircraft, Regional Aircraft, UAVs), By Application (Fuel System, Air-Conditioning systems, Hydraulic System, Lubrication System, Pneumatic System, Ice & Rain Protection Systems, Others), By Material (Titanium, Stainless Steel, Aluminum, Others), By End Use (OEM, Aftermarket), By Mechanism (Flapper-Nozzle Valves, Ball and Plug Valves, Poppet Valves, Pilot Valves and Others) and Regional Forecasts, 2022-2032
Aerospace Valves Market Size, Share, and Analysis, By Type (Pressure Control Valves, Butterfly Valves, Gate Valves, Ball Valves, Rotary Valves, Relief Valves, Solenoid Valves, Other), By Aircraft Type (Narrow-body Aircraft, Wide-body Aircraft, Spacecraft, Helicopter, General Aviation, Military Aircraft, Regional Aircraft, UAVs), By Application (Fuel System, Air-Conditioning systems, Hydraulic System, Lubrication System, Pneumatic System, Ice & Rain Protection Systems, Others), By Material (Titanium, Stainless Steel, Aluminum, Others), By End Use (OEM, Aftermarket), By Mechanism (Flapper-Nozzle Valves, Ball and Plug Valves, Poppet Valves, Pilot Valves and Others) and Regional Forecasts, 2022-2032
PRODUCT OVERVIEW
Aerospace Valves Market size was USD 11.65 billion in 2021 and projected to grow from USD 12.7 billion in 2023 to USD 19.3 billion by 2032, exhibiting a CAGR of 4.7% during the forecast period.
Aerospace valve is a specialized device utilized in aircraft systems which aids in fluid control of hydraulic fluids, fuel, air, and gases by partially obstructing, closing, or opening the passageways. These aerospace valves play a vital role in organising proper operation and safety in different aircraft systems as it controls the flow of gases or fluids. Valves are usually classified based on various categories. Aerospace valves play a vital role in hydraulic action points, which are crucial in aircraft operation.
MARKET HIGHLIGHTS
Aerospace Valves Market is expected to reach USD 19.3 billion, growing at a CAGR of 4.7% during forecast period owing to increased air travelling, growing expenditure on defense, widening of commercial aviation and introduction of new technologies related to aerospace which are expected to boost the market growth. Aerospace valves aid in enhancing the efficiency of fuel by reducing pressure drops, optimizing fluid flow, and upgrading the performance of system.
Aerospace Valves Market Segments:
- Type
- Pressure Control Valves
- Butterfly Valves
- Gate Valves
- Ball Valves
- Rotary Valves
- Relief Valves
- Solenoid Valves
- Other
- Aircraft Type
- Narrow-body Aircraft
- Wide-body Aircraft
- Spacecraft
- Helicopter
- General Aviation
- Military Aircraft
- Regional Aircraft
- UAVs
- Application
- Fuel System
- Air-Conditioning systems
- Hydraulic System
- Lubrication System
- Pneumatic System
- Ice & Rain Protection Systems
- Others
- Material
- Titanium
- Stainless Steel
- Aluminum
- Others
- End Use
- OEM
- Aftermarket
- Mechanism
- Flapper-Nozzle Valves
- Ball and Plug Valves
- Poppet Valves
- Pilot Valves
- Others
MARKET DYNAMICS
Growth Drivers
Growing Demand for Air Travel is Expected to Boost the Growth of the Market
Frequent Valve Replacements is Expected to Boost the Growth of the Market
Restraint
Fluctuating Prices of Raw Materials May Restrain the Growth of the Market
Key Players
- AeroControlex
- Triumph Group
- Moog Inc.
- Safran SE
- Meggitt
- ITT Aerospace Controls
- Eaton Corporation PLC
- Parker Hannifin Corporation
- Crane Aerospace & Electronics
- Circor International, Inc
- Porvair
- Precision Fluid Controls, Inc.
- Woodward Inc.
- Crissair Inc.
- Sitec Aerospace GmbH
- Liebherr
- Other Prominent Players (Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis)
Global Laboratory Temperature Control Units Market is further segmented by region into:
- North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAG.R – United States and Canada
- Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil and Rest of Latin America
- Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey and Rest of Europe
- Asia Pacific Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia and Rest of APAC
- Middle East and Africa Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa and Rest of MENA
Reasons to Purchase this Report
- Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
- Provision of market value (USD Billion) data for each segment and sub-segment
- Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
- Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
- Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
- Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
- The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
- Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
- Provides insight into the market through Value Chain
- Market dynamics scenario, along with growth opportunities of the market in the years to come
- 3-month post-sales analyst support.
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