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The Aircraft Pumps Market Is Expected To Reach Nearly Us$ 6 Bn By 2032

11-15-2022 06:43 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Fact.MR

Aircraft Pumps Market

Aircraft Pumps Market

As per Fact.MR's report, from 2017 to 2021, the global sales of aircraft pumps surpassed US$ 3.73 Bn by the end of 2021. Increase in number of flights especially in Asia Pacific and Europe along with technological advancement is leveraging the demand for aircraft pumps. Furthermore, aircraft companies are keen to adapt electrically driven pumps in the assessment period.

Sales were adversely impacted during the height of the COVID-19 pandemic, as the frequency of domestic and international air travel plummeted drastically. The International Civil Aviation Organization (ICAO) registered a decline of almost 60% in terms of passenger air traffic in 2020 compared to 2019. Eventually, as restrictions began to be lifted in the wake of reducing infections, prospects began to be restored throughout 2021.

๐‚๐ฅ๐ข๐œ๐ค ๐‡๐ž๐ซ๐ž ๐“๐จ ๐ ๐ž๐ญ ๐š ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ (๐ˆ๐ง๐œ๐ฅ๐ฎ๐๐ข๐ง๐  ๐…๐ฎ๐ฅ๐ฅ ๐“๐Ž๐‚, ๐“๐š๐›๐ฅ๐ž & ๐…๐ข๐ ๐ฎ๐ซ๐ž๐ฌ):https://www.factmr.com/connectus/sample?flag=S&rep_id=2908

๐„๐ฅ๐ž๐œ๐ญ๐ซ๐ข๐Ÿ๐ข๐œ๐š๐ญ๐ข๐จ๐ง ๐จ๐Ÿ ๐€๐ข๐ซ๐œ๐ซ๐š๐Ÿ๐ญ ๐๐ซ๐จ๐ฉ๐ฎ๐ฅ๐ฌ๐ข๐จ๐ง ๐ญ๐จ ๐‚๐จ๐ง๐Ÿ๐ข๐ง๐ž ๐€๐๐จ๐ฉ๐ญ๐ข๐จ๐ง ๐จ๐Ÿ ๐‚๐จ๐ง๐ฏ๐ž๐ง๐ญ๐ข๐จ๐ง๐š๐ฅ ๐€๐ข๐ซ๐œ๐ซ๐š๐Ÿ๐ญ ๐๐ฎ๐ฆ๐ฉ๐ฌ?

The aviation sector is showing an increased interest in using electricity as a power source for airplanes, owing to their cost- and energy-related benefits over gasoline. The trend of electrification is gaining momentum in the aviation industry, as leading players show a marked preference for electric motors, thereby constraining the adoption of conventional aircraft pumps.
Fuel cell-based and battery-operated systems are undergoing continuous advancements, in line with the focus of industry players on the developments that ebb the power consumption below 100kw. Thus, the shift of aircraft manufacturers toward battery-operated systems, in line with advancements in lithium-ion technology will emerge as a key concern for conventional aircraft pump manufacturers.

๐Š๐ž๐ฒ ๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐ฌ ๐‚๐จ๐ฏ๐ž๐ซ๐ž๐

By Type :
โ€ข Hydraulic Pumps
โ€ข Fuel Pumps
โ€ข Lubrication Pumps
โ€ข Water & Waste
โ€ข System Pumps
โ€ข Air Conditioning and Colling Pumps
โ€ข Jet Pumps

By Technology :
โ€ข Engine Driven
โ€ข Electric Motor Driven
โ€ข Ram Air Turbine Driven
โ€ข Air Driven

By Pressure :
โ€ข 10 psi to 500 psi
โ€ข 500 psi to 1000 psi
โ€ข 3000 psi to 5000 psi
โ€ข 5000 psi to 6500 psi

By Aircraft Type :
โ€ข Narrow Body Aircraft
โ€ข Wide Body Aircraft
โ€ข Regional Jet
โ€ข Turboprop

By End User :
โ€ข OEM
โ€ข Aftermarket

๐‘๐ž๐๐ฎ๐œ๐ญ๐ข๐จ๐ง ๐ข๐ง ๐„๐ฆ๐ข๐ฌ๐ฌ๐ข๐จ๐ง๐ฌ ๐ˆ๐ง๐๐ฎ๐œ๐ข๐ง๐  ๐€๐๐จ๐ฉ๐ญ๐ข๐จ๐ง ๐จ๐Ÿ ๐„๐ฅ๐ž๐œ๐ญ๐ซ๐ข๐œ ๐Œ๐จ๐ญ๐จ๐ซ ๐ƒ๐ซ๐ข๐ฏ๐ž๐ง ๐€๐ข๐ซ๐œ๐ซ๐š๐Ÿ๐ญ ๐๐ฎ๐ฆ๐ฉ๐ฌ?

More Electric Aircrafts (MEA) are now being widely recognized as the future of the aerospace industry, to meet increasing power demand, improving fuel economy, and reducing emissions. Moreover, aircraft manufacturers are taking significant efforts to convert hydraulic and pneumatic components in airplanes to electric.
With the advent of more electric aircraft designs, defense aircraft integrators and users continue to focus on reduced operational cost combined with easy maintenance checks, which has further complemented the replacement of mechanical and hydraulic systems with electrical variants. As per Fact.MR, electric motor driven pumps are expected to accumulate more than 40% revenue.

๐†๐ž๐ญ ๐‚๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐š๐ญ๐ข๐จ๐ง ๐จ๐ง ๐ญ๐ก๐ข๐ฌ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐Ÿ๐จ๐ซ ๐’๐ฉ๐ž๐œ๐ข๐Ÿ๐ข๐œ ๐‚๐จ๐ฎ๐ง๐ญ๐ซ๐ฒ -
https://www.factmr.com/connectus/sample?flag=RC&rep_id=2908

๐€๐ง๐ญ๐ข-๐‚๐จ๐ซ๐ซ๐จ๐ฌ๐ข๐จ๐ง ๐๐ซ๐จ๐ฉ๐ž๐ซ๐ญ๐ข๐ž๐ฌ ๐๐ซ๐จ๐ฉ๐ž๐ฅ๐ฅ๐ข๐ง๐  ๐ƒ๐ž๐ฆ๐š๐ง๐ ๐Ÿ๐จ๐ซ ๐‰๐ž๐ญ ๐๐ฎ๐ฆ๐ฉ๐ฌ?

Jet pumps continue to witness significant adoption in aircraft fuel systems, owing to their greater reliability, and absence of moving parts, which further deprives the probability of failure. In addition, jet pumps have no moving parts that do not wear. Moreover, jet pumps require low maintenance costs.
Furthermore, jet pumps have the ability to run for longer periods of time as they can adjust power fluid injection rates. Thus, jet pumps are expected to hold more than 35% market share for aircraft pumps in the sales indicator period.

๐‚๐จ๐ฆ๐ฉ๐ž๐ญ๐ข๐ญ๐ข๐ฏ๐ž ๐‹๐š๐ง๐๐ฌ๐œ๐š๐ฉ๐ž

Established players continue to consolidate their position in the aircraft pumps market, accounting for approximately 2/5th of the market share. Technologically advanced and customized product designs, along with the development of highly efficient and lightweight aircraft pumps are key focus areas of these players, with an aim to remain compliant with regulations on emissions.
โ€ข In March 2021, Triumph Group and Air France Industries KLM Engineering & Maintenance (AFI KLM E&M) signed a definitive agreement for establishing a joint venture to overhaul nacelles for the next-generation aircraft manufacturing and repair facility of the former at Arkansas
โ€ข Likewise, in June 2021, Eaton announced the completion of its acquisition of Cobham Mission Systems- a leading manufacturer of air-to-air refuelling systems, environmental systems and actuation, primarily for defense markets

๐Š๐ž๐ฒ ๐œ๐จ๐ฆ๐ฉ๐š๐ง๐ข๐ž๐ฌ ๐๐ซ๐จ๐Ÿ๐ข๐ฅ๐ž๐:

โ€ข Honeywell International Plc.
โ€ข Parker Hannifin Corp.
โ€ข Eaton Corporation Plc.
โ€ข Crane Aerospace & Electronics
โ€ข Triumph Group Inc.
โ€ข Woodward Inc.
โ€ข Cascon Inc.
โ€ข Weldon Pump LLC
โ€ข Crissair Inc.

๐†๐ž๐ญ ๐…๐ฎ๐ฅ๐ฅ ๐€๐œ๐œ๐ž๐ฌ๐ฌ ๐จ๐Ÿ ๐ญ๐ก๐ข๐ฌ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐ญ๐ก๐ซ๐จ๐ฎ๐ ๐ก ๐จ๐ฎ๐ซ ๐๐š๐ฒ๐๐š๐ฅ ๐๐š๐ฒ๐ฆ๐ž๐ง๐ญ ๐Ž๐ฉ๐ญ๐ข๐จ๐งhttps://www.factmr.com/checkout/2908

๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐’๐ฎ๐ฆ๐ฆ๐š๐ซ๐ฒ

The study offers comprehensive analysis on diverse features, including production capacities, demand, product developments, revenue generation, and sales of aircraft pumps across the globe.
A comprehensive estimate on the market has been provided through an optimistic as well as a conservative scenario, taking into account the sales of aircraft pumps during the forecast period. Price point comparison by region with global average price is also considered in the study.

๐…๐จ๐ซ ๐Œ๐จ๐ซ๐ž ๐ˆ๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ:

https://www.prnewswire.com/news-releases/global-heat-recovery-ventilator-market-to-be-worth-us-7-7-billion-by-2032--factmr-report-301489624.html

https://www.prnewswire.com/news-releases/soaring-popularity-of-mobile-wallets-to-gain-grounds-for-digital-remittance-across-the-globe-factmr-analysis-301489801.html

https://www.prnewswire.com/news-releases/booming-construction-sector-signals-massive-growth-in-flat-glass-market-overall-sales-to-exceed-us-445-bn-by-2032-factmr-report-301489818.html

Contact:
US Sales Office:
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Suite 400
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United States
Tel: +1 (628) 251-1583
Email: sales@factmr.com

About Us:
Market research and consulting agency with a difference! That's why 80% of Fortune 1,000 companies trust us for making their most critical decisions. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range - from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Our sales offices in United States and Dublin, Ireland. Headquarter based in Dubai, UAE. Reach out to us with your goals, and we'll be an able research partner.

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