Dublin, August 10, 2021/PRNewswire/-”By aircraft type, end use (OEM, aftermarket), type, application (fuel system, hydraulic system, environmental control system, pneumatic system, lubrication system, water) The “Aerospace Valve Market and Wastewater System) Materials, Regions-Forecast to 2026″ report has been added to ResearchAndMarkets.com’s products.
The global aerospace valve market is expected to grow from US$11.4 billion in 2021 to US$14 billion in 2026, with a compound annual growth rate of 4.1% from 2021 to 2026.
The aerospace valve market includes major players such as Eaton Corporation (Ireland), Safran Group (France), Woodward Corporation (USA), Triumph Group (USA) and Parker Hannifin Corporation (USA). These participants have operations in various countries, including North America, Europe, Asia Pacific, the Middle East, Africa and Latin America. COVID-19 has also affected their business. Industry experts believe that by 2020, COVID-19 has had a 7-10% impact on global aerospace valve production and services.
According to the application, the environmental control sector is expected to become the most valuable market. The growth of the environmental control system part of the aviation valve market can be attributed to the many subsystems it contains, such as air supply, heat control, cabin pressurization, avionics cooling, smoke detection, and fire suppression. Aerospace valves are also used in other important systems, such as pneumatic systems, hydraulic systems, and fuel systems. Aviation valves used in lubrication systems control oil pressure, while in water and wastewater systems, valves allow drinking water to flow into the water distribution system, which is then used by passengers and crew on board.
According to the type, the butterfly valve segment is expected to become the highest compound annual growth rate of the aerospace valve market during the forecast period. The growth of the butterfly valve segment of the aerospace valve market can be attributed to its widespread use in various applications because of their compact size, less space requirements, and ease of use. These are usually used in the fuel system and pneumatic system of the aircraft.
Based on materials, the stainless steel division is expected to have the highest revenue share in the aerospace valve market. The wide use of stainless steel in the manufacture of aerospace valves can be attributed to its characteristics and advantages, such as easy availability, low cost, heat resistance and good strength. It is used in high applications where there is a high possibility of corrosion and high working temperature.
Unmanned aerial vehicles: The fastest growing segment of the aerospace valve market, divided by aircraft type.
According to the type of aircraft, the fixed-wing aircraft segment is expected to have the highest revenue in the aviation valve market during the forecast period. The fixed-wing aircraft segment includes commercial aviation, business and general aviation, and military aviation. In terms of absolute numbers, the fixed-wing section consists of the largest number of aircraft. However, the unmanned aerial vehicle segment is expected to have the highest compound annual growth rate in the aerospace valve market. This is due to the increasing use of drones and other drones for surveillance and last-mile delivery applications. Several start-up companies are now focusing on development projects such as drones, resulting in a higher compound annual growth rate for drones.
Based on the end use, the OEM segment is expected to grow at the highest compound annual growth rate of the aerospace valve market during the forecast period. The original equipment manufacturer is responsible for installing aviation valves on the aircraft during the assembly stage and then delivering them to the aircraft manufacturer. Over the years, the demand for different models in various regions has increased significantly.
During the forecast period, North America is expected to become the largest regional share of the aerospace valve market. Responsible for the key factors in North America, leading the aerospace valve market due to the large number of aerospace valve manufacturers in the region. In addition, the delivery of new aircraft in the region is also increasing. In North America, the increase in aircraft orders and supplies is encouraging aerospace valve manufacturers to increase their sales year by year. The growing demand for commercial aircraft and the presence of leading companies in the market, such as Honeywell International, Triumph Group, Woodward, Collins Aerospace, Parker Hannifin, are expected to drive the North American aerospace valve market The development. These participants focus on R&D to increase their product line and use technologically advanced systems, subsystems and other components to manufacture aerospace valves.
4 Premium Insights4.1 Attractive growth opportunities in the aerospace valve market 4.2 Aerospace valve market, by aircraft type 4.3 Aerospace valve market, by type 4.4 Aerospace valve market, by country/region
5 Market overview 5.1 Introduction 5.2 Market dynamics 5.2.1 Driving factors 5.2.1.1 Increase in the size of the global aircraft fleet 5.2.1.2 Frequent replacement of aerospace valves 5.2.1.3 The growing demand for unmanned aerial vehicles 5.2.2 Constraints 5.2 .2.1 Increasing electrification of aircraft systems 5.2.2.2 Fluctuations in raw material costs 5.2.3 Opportunities 5.2.3.1 Introducing the Internet of Things (Iot) in aerospace valves 5.2.4 Challenges 5.2.4.1 Improving the operational efficiency of aerospace valves 5.3 Operational data 5.4 COVID- 19 Impact: Scope and Scenario 5.5 Value Chain Analysis 5.6 Volume Analysis 5.7 Average Selling Price 5.8 Market Ecosystem Diagram 5.9 Disruption Affecting Customer Business 5.10 Porter’s Five Forces Analysis 5.11 Trade Data Analysis 5.12 Tariff and Regulatory Landscape 5.13 Case Study 5.14 Technology trends
6 Industry trends 6.1 Introduction 6.2 Supply chain analysis 6.2.1 Major companies 6.2.2 Small and medium enterprises 6.2.3 After-sales service providers 6.2.4 End users/customers 6.3 Emerging industry trends 6.3.1 Smart valves 6.3.2 Lightweight valves 6.3. 3 Polyetheretherketone as a Composite 6.4 Innovation and patent analysis 6.5 The impact of megatrends
7 Aerospace valve market, introduced by application 7.1 7.2 Fuel system 7.2.1 Suction valve 7.2.2 Apu Lp valve 7.2.3 Engine Lp valve 7.2.4 Intake valve 7.2.5 Cross feed valve 7.2.6 Others 7.3 Hydraulic system 7.3.1 Flow control valve 7.3.2 Isolation valve 7.3.3 Stop valve 7.3.4 Pressure relief valve 7.3.5 Priority valve 7.3.6 Others 7.4 Environmental control system 7.4.1 Packing flow control valve 7.4.2 Oxygen system stop valve 7.4 .3 Hot air pressure regulating valve 7. 4.4 Isolation valve 7.4.5 Fine-tuning air valve 7.5 Pneumatic system 7.5.1 Drain valve 7.5.2 Pressure relief valve 7.5.3 Cross discharge valve 7.5.4 Apu discharge valve 7.5.5 Engine discharge valve 7.5.6 Others 7.6 Valves 7.6.1.7 Pressure regulating system 7.6 6.2 Temperature control valve 7.6.3 Bypass valve 7.7 Water and waste water system 7.7.1 Manual shut-off valve 7.7.2 Others
8 Aerospace valve market, introduced by aircraft type 8.1 8.1.1 Impact of COVID-19 on aircraft type segment market 8.1.1.1 The most affected segment 8.1.1.2 The least affected segment 8.1.2 Commercial aviation 8.1. 2.1 Narrow-body aircraft 8.1.2.2 Wide-body aircraft 8.1.2.3 Regional transport aircraft 8.1.3 Business and general aviation 8.1.3.1 Business jet 8.1.3.2 Light aircraft 8.1.4 Military aviation 8.1.4.1 Fighter aircraft 8.1.4.2 Transport aircraft 8.1.4 . 3 Special mission aircraft 8.2 Rotor 8.2.1 Commercial helicopter 8.2.2 Military helicopter 8.3 UAV 8.3.1 Fixed-wing UAV 8.3.2 Fixed-wing hybrid Vtol UAV 8.3.3 Rotor UAV
9 Aerospace valve market, introduced by end use 9.1 9.1.1 Impact of COVID-19 on end-use market segments 9.1.1.1 The most affected market segments 9.1.1.2 The least affected market segments 9.2 Original equipment manufacturers (Oem) 9.2.1 Global growth in aircraft fleet size promotes market segmentation 9.3 After-sales market-replacement 9.3.1 The short replacement cycle of aerospace valves promotes segment market development
10 Aerospace valve market, introduced by type 10.1 10.2 Butterfly valve 10.3 Rotary valve 10.4 Solenoid valve 10.5 Baffle-nozzle valve 10.6 Poppet valve 10.7 Gate valve 10.8 Ball valve 10.9 Others
11 Aviation valve market, introduce 11.2 stainless steel 11.3 aluminum 11.4 titanium 11.5 others according to material 11.1
13 Competitive landscape 13.1 Introduction 13.2 Market share analysis, 202013.3 Revenue analysis of the top 5 market participants, 202013.3.1 Competitive leadership map .1 New product release/development 13.4.2 Transaction 13.4.3 Contract
14 Company Profile 14.1 Main Participants 14.1.1 Eaton 14.1.2 Safran 14.1.3 Woodward, Inc. 14.1.4 Triumph Group, Inc. 14.1.5 Parker Hannifin Corporation 14.1.6 Moog, Inc. 14.1.7 Crissair, Inc. 14.14 Li. 1.9 Porvair plc14.1.10 Sitec Aerospace GmbH 14.1.11 Triton Valves Ltd. 14.1.12 The Lee Company 14.1.13 Marotta Controls, Inc. 14.1.14 Nutek Aerospace Corporation, Inc. 14.1.15 Precision Fluid Controls Corporation 14.1.14. Valcor Engineering Corporation. 17 Crane Aerospace and Electronics 14.1.18 Circor International, Inc. 14.1.19 Aero Space Controls Corporation 14.1.20 Aerocontrolex. 14.1.21 Meggitt, plc. 14.1.22 Honeywell International, Inc. 14.1.23 Collins Aerospace 14.1.24 Aerospace systems and Parts. 1.25 Nmg Aerospace
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Post time: Aug-16-2021
