Aircraft Hose Fittings Market 2027 Top Players, Key Statistics and Business Development Opportunity
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Hose is a flexible, hollow tube designed to carry fluids and gases from one component to other component in aircraft. Hose fittings are mainly used in connecting moving parts of the aircraft with the stationary parts, wherein they are subjected to vibration so, a great amount of flexibility is required. Two types of hose fittings are used mainly in the aircrafts that are flexible and non-flexible which are made from various materials such as metals, rubbers, and many more. Mostly, manufacturers use butyl, Buna-N, ethylene propylene diene rubber (EPDM) and, neoprene in developing flexible hoses. These hose fittings are used in coolants, oils, fuels and hydraulic system. There are low, medium and high pressure hose fittings available depending upon the desired reinforcement level.
Over the years, the aviation industry has witnessed rise in demand for new aircraft, which positively impacts the growth of the global aircraft hose fittings market. Upsurge in demand for aircraft from the aviation industry is the key factor that drives the growth of the global market. Moreover, modernization in aircraft fuels the market growth. Furthermore, improvement in economies and rise in budget for aviation contribute toward the growth of the aircraft hose fittings market. However, backlogs in new aircraft deliveries restrain the market growth. In-addition, the exposure to oxygen and ozone containing air reduces the life cycle of the hose fittings restraining the market growth.
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On the contrary, increase in number of airports and flight routes with technologically advanced systems and commercialization of military/defense aircrafts are some of the factors which are expected to create lucrative opportunities for market expansion. Moreover, the rise in the demand for modernized military aircraft also spur the demand in aircraft hose fittings market.
The key players operating in the aircraft hose fittings industry are TECALEMIT AEROSPACE GROUP, Titeflex, Hy-Lok USA, Inc., Eaton Corporation, SHV, Parker Hannifin Corp, Delafield Corporation, Specialty Hose Corporation, Precision Hose Technology, Inc., and Flexfab. These market players have implemented a number of strategies including partnership, expansion, collaboration, joint ventures, and others to heighten their status in the industry.
Get detailed COVID-19 impact analysis on the aircraft hose fittings:
AIRCRAFT HOSE FITTINGS MARKET KEY SEGMENTS
* Swivel Fittings
* Clamps & Straps
* Flexible Joints & Ducts
By Aircraft Type
* Commercial Aircraft
* Military Aircraft
* Industrial Aircraft
* Others (Business and Cargo)
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