Press release
Aircraft Hose Fittings Market Key Trends, Drivers, Challenges and Standardization To 2019-2026
Aircraft Hose Fittings Market
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.
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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. 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.
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The global aircraft hose fittings market is segmented based on the material, application, part, flexibility, aircraft type, and region. Based on material, the segmentation is done into rubber, PTFE, metals, and others. The applications covered in the study include lubrication, air, hydraulic, fuel, and others. By part, the market is segregated into swivel fittings, couplings, clamps & straps, and flexible joints & ducts. As per flexibility, it is fragmented into flexible and nonflexible. Based on the aircraft type, it is classified into commercial aircraft, military aircraft, industrial aircraft, and others. The aircraft hose fittings market analysis is done across regions such as North America, Europe, Asia-Pacific, and LAMEA (Latin America, Middle-East, and Africa).
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.
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KEY BENEFITS FOR STAKEHOLDERS
The report outlines the current market trends and future scenario of the aircraft hose fittings market size from 2018 to 2026 to understand the prevailing opportunities and potential investment pockets.
Porter’s five force analysis helps to analyze the potential of buyers & suppliers and the competitive scenario of the industry for strategy building.
Major countries in the regions have been mapped according to their individual revenue to illustrate aircraft hose fittings market share.
The key drivers, restraints, and market
opportunities and their detailed impact analysis are elucidated in the study.
The market analysis covers in-depth information of major aircraft hose fittings industry participants and aircraft hose fittings market forecast.
AIRCRAFT HOSE FITTINGS MARKET KEY SEGMENTS
By Materials
Rubbers
PTFE
Metals
Others
By Application
Lubrication
Air
Hydraulic
Fuel
Others
By Part
Swivel Fittings
Couplings
Clamps & Straps
Flexible Joints & Ducts
By Flexibility
Flexible
Nonflexible
By Aircraft Type
Commercial Aircraft
Military Aircraft
Industrial Aircraft
Others (Business and Cargo)
By Region
North America
U.S.
Canada
Mexico
Europe
UK
Germany
France
Spain
Italy
Rest of Europe
Asia-Pacific
China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
LAMEA
Brazil
Saudi Arabia
South Africa
Rest of LAMEA
Key Players
TECALEMIT AEROSPACE GROUP
Titeflex.
Hy-Lok USA, Inc.
Eaton Corporation
SHV
Parker Hannifin Corp
Delafield Corporation
Specialty Hose Corporation
Precision Hose Technology, Inc.
Flexfab
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