DUBLIN--(BUSINESS WIRE)--The "Aerospace Valves Market by Valves (Fuel, Hydraulic, Air Conditioning, Pneumatic), Material (Steel, Aluminum, Titanium), Mechanism (Poppet, Pilot, Flapper-Nozzle, Ball and Plug, Baffle), End User (OEM, Aftermarket), Aviation - Global Forecast to 2023" report has been added to ResearchAndMarkets.com's offering.
The aerospace valves market is projected to grow from an estimated USD 3.71 Billion in 2018 to USD 4.84 Billion by 2023, at a CAGR of 5.44% during the forecast period.
The aerospace valves market is mainly driven by the increase in aircraft orders and short replacement cycles of aerospace valves. However, existing backlogs of aircraft deliveries are restraining the growth of the aerospace valves market.
Based on valves, the aerospace hydraulic system valves segment is projected to lead the aerospace valves market during the forecast period, owing to the growth of commercial aircraft orders and the increasing MRO services in regions such as Asia Pacific.
Based on mechanism, the ball and plug valves segment is projected to lead the aerospace valves market during the forecast period, as every aircraft needs a maximum number of valves using the ball and plug mechanism for fluid discharge in the system for regular fluid flowing operations. These valves also need to be replaced at regular intervals.
Major players in the aerospace valves market include Parker Hannifin Corporation (US), Eaton (Ireland), Honeywell (US), Zodiac Aerospace (France), Woodward (US), and AeroControlex (US).
- Circor International
- Crane Aerospace
- ITT Aerospace Controls
- Lakshmi Technology and Engineering Industries Limited
- Marotta Controls
- Nutek Aerospace Corporation
- Parker Hannifin
- Precision Fluid Controls
- Ram Company
- Sitec Aerospace
- Triumph Group
- United Technologies
- Valcor Engineering
- Zodiac Aerospace
Key Topics Covered
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Aerospace Valves Market, By Valves
8 Aerospace Valves Market, By Mechanism
9 Aerospace Valves Market, By Material
10 Aerospace Valves Market, By Aviation
11 Aerospace Valves Market, By End-User
12 Regional Analysis
13 Competitive Landscape
14 Company Profiles
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