Global Aerospace Valves Market To Record Lucrative Growth With US$ 14,502.2 Million By 2027

January 2022 | Report Format: Electronic (PDF)

The global aerospace valves market is expected to expand as the number of aircraft increases as global air passenger traffic rises. Companies such as Airbus and Boeing anticipate a complete market recovery following the COVID-19 pandemic. Airbus plans to increase A320 aircraft production to 45 per month by the end of 2021 and has asked its suppliers to prepare for production to reach 64 per month by the second quarter of 2023, and 70 per month by 2024.

Because they operate continuously during flight, aerospace valves are among the busiest components in an aircraft system. This frequently leads to wear and tear in certain parts. The flight hours of existing aircraft have increased significantly as air travel demand has increased over the years. Aerospace valve replacement cycles are determined by the number of flight hours and calendar days (whichever occurs first). The average mean time between unscheduled removal (MTBUR) for valves is low, ranging from 9,000 to 100,000 endurance cycles. Aerospace valves cannot be repaired and must therefore be replaced. This has been a major driver of the market for aerospace valves from maintenance, repair, and overhaul (MRO) firms.

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Aerospace Valves Market Report Highlights

• In December 2019, Eaton completes the acquisition of Souriau-Sunbank Connection Technologies business of TransDigm Group Incorporated for $920 million
• In November 2018, Eaton had built a new manufacturing setup in Bangalore, India which marked as its first Aerospace facility in India.

AEROSPACE VALVES MARKET SEGMENTATION

The research report published by Market Research Strategy contains industry segments, as below-

Aerospace Valves Application Outlook (Revenue, USD Million, 2016 - 2027)

• Fuel System
• Hydraulic System
• Environmental Control System
• Pneumatic System
• Lubrication System
• Water & Wastewater System

Aerospace Valves Aircraft Type Outlook (Revenue, USD Million, 2016 - 2027)

• Commercial Aviation
  • Narrow-Body Aircraft
  • Wide-Body Aircraft
  • Regional Transport Aircraft
• Business & General Aviation
  • Business Jets
  • Light Aircraft
• Military Aviation
  • Fighter Aircraft
  • Transport Aircraft
  • Special-Mission Aircraft
• Rotary Wing
  • Commercial Helicopters
  • Military Helicopters
• Unmanned Aerial Vehicles
  • Fixed-Wing UAVS
  • Fixed-Wing Hybrid VTOL UAVS
  • Rotary-Wing UAVS

Aerospace Valves End Use Outlook (Revenue, USD Million, 2016 - 2027)

• Original Equipment Manufacturers (Oem)
• Aftermarket – Replacement

Aerospace Valves Type Outlook (Revenue, USD Million, 2016 - 2027)

• Butterfly Valves
• Rotary Valves
• Solenoid Valves
• Flapper-Nozzle Valves
• Poppet Valves
• Gate Valves
• Ball Valves
• Others

Aerospace Valves Material Outlook (Revenue, USD Million, 2016 - 2027)

• Stainless Steel
• Aluminium
• Titanium
• Others

Aerospace Valves Regional Outlook (Revenue, USD Million, 2016 - 2027)

• North America
  • U.S.
  • Canada
  • Mexico
• Europe
  • Germany
  • U.K.
  • France
  • Italy
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
• Central & South America
  • Brazil
  • Argentina
• Middle East & Africa
  • Saudi Arabia
  • South Africa

List of Key Players- Aerospace Valves Market

• Eaton
• Safran
• Woodward, Inc
• Triumph Group, Inc.
• Parker Hannifin Corporation
• Moog, Inc.
• Crissair, Inc.
• Liebherr
• Porvair Plc
• Sitec Aerospace Gmbh
• Triton Valves Ltd.
• The Lee Company
• Marotta Controls, Inc.
• Nutek Aerospace Corporation, Inc.
• Precision Fluid Controls

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