Global Aerospace Valves Market size is projected to be valued $XX Billion by 2025; with a CAGR of XX% from 2017 to 2025. Aerospace Valves are one of the most important and smallest mechanical parts used for responsive, safe, and robust aircraft functionality relies on countless hydraulic action points. Each valve has its own role in creating an aircraft that is safe and efficient. Some of the aerospace valves include pressure relief valves, by-pass valves, water drain valves and check valves which protect systems, control pressure and prevent reverse flow.
Technological developments and growing demand for resilient and precise aerospace valves servicing in various aviationsectors are boosting the growth of the global Aerospace Valves market. Moreover, rising demand for safety and quality in different energy verticals and integration of Aerospace Valves in commercial and military aircraft system are also expected to fuel the growth of the market. However, unparalleled performance due to the highly reliable jet-pipe design which limits the adoption among aircraft agencies may hinder the growth of the market. Furthermore, ongoing research & development and opportunities from various industries from emerging economies and precision-based Aerospace Valves would provide growth in the upcoming years.
The global Aerospace Valves market is segmented based on the valves, mechanism, material, aviation, end user, and geography. Valve segment can be further segmented into aerospace fuel system valves, aerospace hydraulic system valves, aerospace air conditioning system valves, aerospace ice & rain protection system valves, water and waste system valves, pneumatic system valves and aerospace lubrication system valves.The mechanism segment is further divided into poppet valves, pilot valves, flapper nozzle valves, ball and plug valves, baffle valves, and others. Material segment can be bifurcated into corrosion resistant steel, aluminum, titanium, others. Furthermore, aviation segment can be bifurcated into commercial aviation, military aviation, business and general aviation. End user segment includes OEM and aftermarket.
The global Aerospace Valves market by geography is segmented into North America, Europe, Asia-Pacific and Rest of the World (RoW). The U.S. and Canada are covered under North America wherein Europe covers U.K, Germany, France, Italy, Russiaand others. Asia-Pacific covers China, India, Japan, and others. RoW covers South America, Middle East and Africa.
Major companies operating in the global Aerospace Valvesmarket areHoneywell, Parker Hannifin, Eaton, Woodward, Zodiac Aerospace, Triumph Group, Crissair, ITT Aerospace Controls, AeroControlex, Liebherr and United Technologies, among others.
The key takeaways from the report
Scope of Aerospace Valves Market
End User Segments