What Size Will The Aerospace Valves Market Be By 2029?
The aerospace valves market size has grown substantially in recent years, burgeoning from $12.72 billion in 2024 to $13.56 billion in 2025, at a compound annual growth rate (CAGR) of 6.6%. This notable growth during the historic period can be attributed to a thriving aerospace industry, augmented air travel, stringent safety regulations, expansion of space exploration activities, and an increasing demand for fuel-efficient aircraft.
The aerospace valves market is poised for a compelling growth in the future, projected to reach $17.13 billion by 2029, at an impressive CAGR of 6.0%. This growth in the forecast period is predicted to rise due to an increased focus on lightweight and compact valve designs, growing UAV and drone market, adoption of smart valve technologies, expansion of the commercial space industry, and a rising demand for butterfly valves. Trends include development of sustainable valve materials, integration of 3D printing technology, emphasis on predictive maintenance capabilities, and increasing use of advanced coatings.
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What Encourages The Growth Of The Aerospace Valves Market?
A significant driver propelling the aerospace valves market is the growing global commercial aircraft fleet. With air passenger count skyrocketing, the acquisition of commercial aircraft has magnified globally. This escalating acquisition by aerospace transport companies is expected to spur the demand as the importance of aerospace valves in controlling critical components of an aircraft is paramount. For instance, Airbus SE, a Netherlands-based aeronautics, defense, and space services provider, expects to deliver approximately 770 commercial aircraft in 2024 despite supply chain challenges. This increase in the global commercial aircraft fleet will further boost the demand for the aerospace valves market.
Which Segments Are Covered In The Aerospace Valves Market?
The aerospace valves market covered in this report is segmented into:
1) By Type: Butterfly Valves, Rotary Valves, Solenoid Valves, Flapper-nozzle Valves, Poppet Valves, Gate Valves, Ball Valves, Other Types
2) By Material: Stainless Steel, Titanium, Aluminum, Other Materials
3) By Application: Fuel System, Hydraulic System, Environmental Control System, Pneumatic System, Lubrication System, Water & Wastewater System
4) By End Use: OEM, Aftermarket
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Which Are The Major Players In The Aerospace Valves Market?
Key players operating in the aerospace valves market include Safran SA, Parker Hannifin Corporation, Meggitt plc, Crissair Inc., Sitec Aerospace GmbH, Eaton Corporation plc, Woodward Inc., Triumph Group Inc., Moog Inc., Liebherr-Aerospace Lindenberg GmbH, Porvair Plc, Precision Fluid Controls Inc., ITT Inc., Lakshmi Technology and Engineering Industries Ltd., SSP Fittings Corp., The Lee Company, Aero Space Controls Corp., Wisconsin Oven Corp., Honeywell International Inc., etc.
What Are The Emerging Trends Of The Aerospace Valves Market?
A significant trend gaining ground in the aerospace valves market is additive manufacturing or 3D printing. Companies in this sector are increasingly embracing 3D printing to facilitate unibody and fuselage design and production. Honeywell International Inc., for instance, launched a bleed pressure regulating valve in 2024 using 3D printing process.
Which Region Will Lead In The Aerospace Valves Market?
North America held the pole position in the aerospace valves market in 2024, but Asia-Pacific is anticipated to be the fastest-growing region in the global aerospace valves market share during the forecast period.
What Does The Aerospace Valves Market Report 2025 Offer?
Aerospace valves are devices used to control the flow of gases and liquids in aviation systems. They are instrumental in directing, regulating, or controlling the flow of fluid in aircrafts. The Aerospace Valves Market research report by The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
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