Press release
The Aircraft Pumps Market Is Expected To Reach Nearly Us$ 6 Bn By 2032
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.
๐๐ฅ๐ข๐๐ค ๐๐๐ซ๐ ๐๐จ ๐ ๐๐ญ ๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฉ๐จ๐ซ๐ญ (๐๐ง๐๐ฅ๐ฎ๐๐ข๐ง๐ ๐ ๐ฎ๐ฅ๐ฅ ๐๐๐, ๐๐๐๐ฅ๐ & ๐ ๐ข๐ ๐ฎ๐ซ๐๐ฌ):https://www.factmr.com/connectus/sample?flag=S&rep_id=2908
๐๐ฅ๐๐๐ญ๐ซ๐ข๐๐ข๐๐๐ญ๐ข๐จ๐ง ๐จ๐ ๐๐ข๐ซ๐๐ซ๐๐๐ญ ๐๐ซ๐จ๐ฉ๐ฎ๐ฅ๐ฌ๐ข๐จ๐ง ๐ญ๐จ ๐๐จ๐ง๐๐ข๐ง๐ ๐๐๐จ๐ฉ๐ญ๐ข๐จ๐ง ๐จ๐ ๐๐จ๐ง๐ฏ๐๐ง๐ญ๐ข๐จ๐ง๐๐ฅ ๐๐ข๐ซ๐๐ซ๐๐๐ญ ๐๐ฎ๐ฆ๐ฉ๐ฌ?
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.
๐๐๐ฒ ๐๐๐ ๐ฆ๐๐ง๐ญ๐ฌ ๐๐จ๐ฏ๐๐ซ๐๐
By Type :
โข Hydraulic Pumps
โข Fuel Pumps
โข Lubrication Pumps
โข Water & Waste
โข System Pumps
โข Air Conditioning and Colling Pumps
โข Jet Pumps
By Technology :
โข Engine Driven
โข Electric Motor Driven
โข Ram Air Turbine Driven
โข Air Driven
By Pressure :
โข 10 psi to 500 psi
โข 500 psi to 1000 psi
โข 3000 psi to 5000 psi
โข 5000 psi to 6500 psi
By Aircraft Type :
โข Narrow Body Aircraft
โข Wide Body Aircraft
โข Regional Jet
โข Turboprop
By End User :
โข OEM
โข Aftermarket
๐๐๐๐ฎ๐๐ญ๐ข๐จ๐ง ๐ข๐ง ๐๐ฆ๐ข๐ฌ๐ฌ๐ข๐จ๐ง๐ฌ ๐๐ง๐๐ฎ๐๐ข๐ง๐ ๐๐๐จ๐ฉ๐ญ๐ข๐จ๐ง ๐จ๐ ๐๐ฅ๐๐๐ญ๐ซ๐ข๐ ๐๐จ๐ญ๐จ๐ซ ๐๐ซ๐ข๐ฏ๐๐ง ๐๐ข๐ซ๐๐ซ๐๐๐ญ ๐๐ฎ๐ฆ๐ฉ๐ฌ?
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.
๐๐๐ญ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐๐ญ๐ข๐จ๐ง ๐จ๐ง ๐ญ๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ซ ๐๐ฉ๐๐๐ข๐๐ข๐ ๐๐จ๐ฎ๐ง๐ญ๐ซ๐ฒ -
https://www.factmr.com/connectus/sample?flag=RC&rep_id=2908
๐๐ง๐ญ๐ข-๐๐จ๐ซ๐ซ๐จ๐ฌ๐ข๐จ๐ง ๐๐ซ๐จ๐ฉ๐๐ซ๐ญ๐ข๐๐ฌ ๐๐ซ๐จ๐ฉ๐๐ฅ๐ฅ๐ข๐ง๐ ๐๐๐ฆ๐๐ง๐ ๐๐จ๐ซ ๐๐๐ญ ๐๐ฎ๐ฆ๐ฉ๐ฌ?
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.
๐๐จ๐ฆ๐ฉ๐๐ญ๐ข๐ญ๐ข๐ฏ๐ ๐๐๐ง๐๐ฌ๐๐๐ฉ๐
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.
โข 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
โข 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
๐๐๐ฒ ๐๐จ๐ฆ๐ฉ๐๐ง๐ข๐๐ฌ ๐๐ซ๐จ๐๐ข๐ฅ๐๐:
โข Honeywell International Plc.
โข Parker Hannifin Corp.
โข Eaton Corporation Plc.
โข Crane Aerospace & Electronics
โข Triumph Group Inc.
โข Woodward Inc.
โข Cascon Inc.
โข Weldon Pump LLC
โข Crissair Inc.
๐๐๐ญ ๐ ๐ฎ๐ฅ๐ฅ ๐๐๐๐๐ฌ๐ฌ ๐จ๐ ๐ญ๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ ๐ญ๐ก๐ซ๐จ๐ฎ๐ ๐ก ๐จ๐ฎ๐ซ ๐๐๐ฒ๐๐๐ฅ ๐๐๐ฒ๐ฆ๐๐ง๐ญ ๐๐ฉ๐ญ๐ข๐จ๐งhttps://www.factmr.com/checkout/2908
๐๐๐ฉ๐จ๐ซ๐ญ ๐๐ฎ๐ฆ๐ฆ๐๐ซ๐ฒ
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 ๐จ๐ซ ๐๐จ๐ซ๐ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ:
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
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