The Business Research Company’s report on the Aerospace Valves Market provides insights into the global market size, growth rate, regional distribution, competitive landscape, key segments, emerging trends, and strategic opportunities.
How have key drivers contributed to the rapid growth of the aerospace valves market?
The increasing global commercial aircraft fleet is expected to propel the aerospace valves market. The growing number of air passengers has widely increased the acquisition of commercial aircraft across the globe. The increasing acquisition of new aircraft by aerospace transport companies across the globe is expected to boost demand for aerospace valves, as they are a vital component in the majority of critical infrastructure across the aircraft. For instance, in June 2024, according to the update, Airbus SE Netherlands-based, a provider of aeronautics, defense, and space-related services, expects to deliver approximately 770 commercial aircraft in 2024, with the target of producing 75 A320 Family aircraft per month now delayed until 2027 due to supply chain challenges. Therefore, the increase in the global commercial aircraft fleet is expected to boost demand for aerospace valves market during the forecast period.
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How has the aerospace valves market size evolved, and what are the latest forecasts for its expansion?
The aerospace valves market size has grown strongly in recent years. It will grow from $12.72 billion in 2024 to $13.56 billion in 2025 at a compound annual growth rate (CAGR) of 6.6%. The growth in the historic period can be attributed to growth inThe aerospace Industry, increased air travel, stringent safety regulations, expansion of space exploration activities and satellite deployments, increasing demand for fuel-efficient aircraft.
The aerospace valves market size is expected to see strong growth in the next few years. It will grow to $17.13 billion in 2029 at a compound annual growth rate (CAGR) of 6.0%. The growth in the forecast period can be attributed to increasing focus on lightweight and compact valve designs, growth in the unmanned aerial vehicle (UAV) and drone, adoption of smart and connected valve technologies for real-time monitoring, expansion of the commercial space Industry, growing demand for butterfly valves in various applications, increasing demand for forced induction devices. Major trends in the forecast period include development of environmentally friendly and sustainable valve materials, integration of 3d printing technology, emphasis on predictive maintenance capabilities, collaboration between aerospace companies and valve manufacturers, increasing use of advanced coatings for improved durability and performance.
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Which major companies dominate the aerospace valves market?
Major companies 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., Zodiac Aerospace SADIR, CIRCOR International Inc., AeroControlex Group Inc., Senior Aerospace Ltd., AVK Holding A/S, Parker Aerospace Corp., Crane Co., Valcor Engineering Corporation, Mooney Controls Corp., Regent Aerospace Corporation
What trends will shape the future of the aerospace tapes market?
Additive manufacturing is a key trend gaining popularity in the aerospace valves market. 3D printing is an additive manufacturing technique that creates a physical object from a digital design. The manufacturing process involves laying down a layer of material in the form of liquid, powered plastic or other through the input from digital design software. The companies operating in the aerospace valves sector are increasingly utilizing 3D printing technologies to develop unibody and fuselage design and production. For instance, In July, Honeywell International Inc., a US-based conglomerate corporation launched a bleed pressure regulating valve from 3D printing manufacturing process, which will be installed in military trainer aircraft.
Which region dominates the aerospace valves market, and what factors contribute to its leadership?
North America was the largest region in the aerospace valves market in 2024.Asia-Pacific is expected to be the fastest-growing region in the global aerospace valves market share during the forecast period. The regions covered in the aerospace valves market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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How is the aerospace valves market segmented, and which segment holds the largest share?
The aerospace valves market covered in this report is segmented –
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, After market
Subsegments:
1) By Butterfly Valves: Wafer Butterfly Valves, Lug Butterfly Valves, Triple Offset Butterfly Valves
2) By Rotary Valves: Quarter-Turn Rotary Valves, Multi-Turn Rotary Valves
3) By Solenoid Valves: Direct-Acting Solenoid Valves, Pilot-Operated Solenoid Valves
4) By Flapper-Nozzle Valves: Pressure-Operated Flapper Valves, Flow-Control Flapper Valves
5) By Poppet Valves: Spring-Loaded Poppet Valves, Pneumatically Actuated Poppet Valves
6) By Gate Valves: Rising Stem Gate Valves, Non-Rising Stem Gate Valves
7) By Ball Valves: Trunnion Ball Valves, Floating Ball Valves
8) By Other Types: Check Valves, Pressure Relief Valves, Diaphragm Valves
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What defines the structure and scope of the aerospace valves market?
The aerospace valves refer to the devices that control the flow of gasses and liquids. These are the parts of the aviation system that control critical components of an aircraft for directing, regulating, or controlling the flow of fluid such as gases, fluidized solids, liquids, or slurries by closing, partially obstructing, or opening passageways.
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