Aircraft Pumps Market Forecasts to 2030 – Global Analysis By Type (Hydraulic Pumps, Fuel Pumps, Jet Pumps, Air Conditioning and Cooling Pumps, Lubrication Pumps and Water and Wastewater Pumps), Aircraft Type, Pressure, Technology, Application, End User and By Geography
According to Stratistics MRC, the Global Aircraft Pumps Market is accounted for $3.84 billion in 2024 and is expected to reach $5.96 billion by 2030 growing at a CAGR of 7.6% during the forecast period. Aircraft pumps are critical components in aviation systems, designed to ensure the efficient flow of fluids such as fuel, hydraulic fluid, and lubricants across various aircraft systems. These pumps are essential to preserving peak performance because they facilitate functions like cooling vital parts, activating hydraulic systems for flight controls, and supplying fuel to engines. Moreover, high efficiency, lightweight design, and dependability in harsh environments—such as high altitudes and fluctuating temperatures—are features of contemporary aircraft pumps.
According to the International Air Transport Association (IATA), the global airline industry is anticipated to achieve a net profit of $9.8 billion in 2023. This marks a significant recovery from the previous years, highlighting the resilience and recovery of the industry.
Market Dynamics:Driver: Growing demand for air travel worldwide
The demand for new aircraft has surged due to the quick expansion of air travel worldwide, especially in the passenger and commercial sectors. As passenger traffic increases, airlines are growing their fleets, particularly in emerging markets in Latin America, the Middle East, and Asia-Pacific. Advanced pump systems are becoming more and more necessary to support vital functions like lubrication, fuel delivery, and hydraulic control as more aircraft are produced. Furthermore, regional connectivity and the rise of low-cost carriers have accelerated the development of smaller aircraft, which depend on efficient and small pump technologies.
Restraint:Expensive aircraft systems and pumps
Advanced aircraft pumps, particularly those made for contemporary military and commercial aircraft, have advanced features and are made of lightweight, long-lasting materials like composites and titanium. These innovations raise production costs considerably even though they improve performance. Budgets may be strained by the high expenses of acquiring and integrating these pumps, especially for regional and smaller airlines with tighter budgets. Moreover, smaller manufacturers face difficulties in the competitive market due to the initial investment needed for research and development (R&D) to create innovative pump systems.
Opportunity:Growing need for lightweight and fuel-efficient aircraft
The aviation industry's growing focus on sustainability and cutting operating expenses has given manufacturers of aircraft pumps the chance to create lightweight, energy-efficient solutions. Advanced materials such as composites and high-performance alloys allow manufacturers to create pumps that reduce overall aircraft weight and increase fuel efficiency. The development and use of pumps that maximize fluid flow, lower energy consumption, and complement emission reduction objectives has a lot of potential because international regulatory agencies are promoting greener aviation. Additionally, these developments can support the manufacture of new aircraft as well as the retrofitting of current fleets.
Threat:Vigorous rivalry between manufacturers
The market for aircraft pumps is extremely competitive, with many domestic and international companies fighting for market share. Low-cost manufacturers with competitive pricing and new entrants pose a threat to established businesses. In addition, the existence of fake parts in the market puts pressure on prices and damages the reputation of legitimate producers. Furthermore, manufacturing companies must constantly invest in R&D and innovation to remain competitive, which can put a strain on resources, especially for smaller businesses.
Covid-19 Impact:
Due to a sharp drop in international air travel, grounded fleets, and delayed aircraft production, the COVID-19 pandemic caused significant disruptions to the aircraft pumps market. Due to severe financial constraints, airlines had to delay the purchase of new aircraft and reduce maintenance, repair, and overhaul (MRO) activities, which had a direct effect on the demand for pumps. Moreover, manufacturers' production schedules were hampered by workforce shortages and supply chain disruptions. The market is, however, seeing a slow but steady recovery as the aviation sector gradually recovers due to the revival of passenger travel and cargo operations.
The Fuel Pumps segment is expected to be the largest during the forecast period
Due to their crucial role in guaranteeing effective and dependable fuel delivery to engines—a crucial function in all types of aircraft—the fuel pumps segment is anticipated to hold the largest share in the aircraft pumps market. These pumps are made to function in harsh environments while preserving the ideal fuel flow and pressure for seamless engine operation throughout different flight phases. Furthermore, solidifying their dominance are developments in fuel pump technologies, such as lightweight designs and enhanced durability, and the growing demand for aircraft that use less fuel.
The Narrow Body Aircraft segment is expected to have the highest CAGR during the forecast period
Due to the growing demand for low-cost carriers (LCCs) and the expansion of short-to-medium-haul routes worldwide, the narrow-body aircraft segment is anticipated to experience the highest CAGR in the aircraft pumps market. Due to their affordability, fuel efficiency, and suitability for high-frequency operations, airlines are investing more in narrow-body aircraft, especially in emerging economies in Latin America and Asia-Pacific. Moreover, the post-pandemic increase in passenger traffic and airlines' need to replace their fleets also support this segment's growth, making it a major force behind innovation and market expansion for aircraft pumps.
Region with largest share:Due to the presence of significant aerospace manufacturers like Boeing and Lockheed Martin, as well as a firmly established airline industry and extensive military aircraft programs, the North American region is expected to hold the largest share of the aircraft pumps market. The need for sophisticated aircraft pump systems is fueled by the United States' dominance in both commercial and military aviation worldwide. Consistent market growth is also guaranteed by the region's strong emphasis on technological advancements and a strong network of suppliers and OEMs. Additionally, the growing use of ecologically friendly and fuel-efficient aircraft, which propels ongoing improvements in aircraft pump technologies, further reinforces the region's dominance.
Region with highest CAGR:Due to the fast growth of the aviation sector in nations like China, India, and Japan, the Asia Pacific region is anticipated to see the highest CAGR in the aircraft pumps market. The demand for sophisticated aircraft parts, such as pumps, is being driven by rising air travel demand, a developing middle class, and significant investments in airline fleets. Furthermore, propelling market expansion is the region's growing emphasis on building contemporary airports and improving connectivity for both domestic and international travel. Asia-Pacific is positioned as a major growth driver in the aircraft pumps market due to the increasing presence of both domestic and foreign aircraft manufacturers as well as the strong push toward sustainable and fuel-efficient aircraft.
Key players in the marketSome of the key players in Aircraft Pumps market include Collins Aerospace, Eaton Corporation plc, AeroControlex, Parker-Hannifin Corporation, Donaldson Inc., Safran, Crane Corporation, Honeywell International Inc., Pall Corporation, Ametek, Clarcor Inc, Freudenberg & Co. KG, Zodiac Aerospace, Woodward Incorporated and CJ Aviation.
Key Developments:In October 2024, Collins Aerospace, a business of RTX, has entered an agreement with Air Europa to provide comprehensive maintenance, repair and overhaul (MRO) services for the airline’s fleet of 787 aircraft. The 10-year contract includes support through Collins’ FlightSense and Dispatch programmes, offering onsite assistance for numbers of 787 systems including electric power, environmental control and avionics for the carrier.
In September 2024, Power management firm Eaton has announced collaboration with Tesla which aims to boost the functionality and adoption of home energy storage and solar installations in North America. Targeting early 2025, Tesla’s Powerwall will support Eaton’s new AbleEdge smart breakers and help optimise energy use and extend backup duration during a grid outage.
In July 2024, Parker Hannifin Corporation announced it has signed an agreement to divest its North America Composites and Fuel Containment (CFC) Division to private investment firm SK Capital Partners. With the completion of this transaction the company will have successfully divested businesses and product lines over the past three years that total nearly $450 million in annual sales.
Types Covered:
• Hydraulic Pumps
• Fuel Pumps
• Jet Pumps
• Air Conditioning and Cooling Pumps
• Lubrication Pumps
• Water and Wastewater Pumps
Aircraft Types Covered:
• Narrow Body Aircraft
• Wide Body Aircraft
• Regional Aircraft
• General Aviation
• Military Aircraft
• Helicopters
Pressures Covered:
• Up to 350 psi
• 350 psi - 1,500 psi
• 1,500 psi - 3,000 psi
• Above 3000 psi
Technologies Covered:
• Engine Driven
• Electric Motor Driven
• Ram Air Turbine driven
• Air driven
Applications Covered:
• Commercial Aviation
• Military Aviation
End Users Covered:
• OEM
• Aftermarket
Regions Covered:
• North America
US
Canada
Mexico
• Europe
Germany
UK
Italy
France
Spain
Rest of Europe
• Asia Pacific
Japan
China
India
Australia
New Zealand
South Korea
Rest of Asia Pacific
• South America
Argentina
Brazil
Chile
Rest of South America
• Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa
What our report offers:Market share assessments for the regional and country-level segments
Strategic recommendations for the new entrants
Covers Market data for the years 2022, 2023, 2024, 2026, and 2030
Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
Strategic recommendations in key business segments based on the market estimations
Competitive landscaping mapping the key common trends
Company profiling with detailed strategies, financials, and recent developments
Supply chain trends mapping the latest technological advancements
Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances