Aircraft Hydraulic Systems Market Projected to Hit USD 30.20 Billion by 2032, to grow at a CAGR of 11.0% | PMR

The Aircraft Hydraulic Systems Market size is projected to be valued at USD 11.80 billion in 2023 and is expected to rise to USD 30.20 billion by 2032. The market is expected to register a CAGR of 11.0% during the forecast period from 2024 to 2032.

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Various factors propelling the demand for aircraft hydraulic systems include:

● The need for sophisticated hydraulic systems is growing due to the rapid expansion of several sectors, notably defense and commercial aviation, to accommodate the growing number and variety of aircraft entering service.

● This increased demand highlights how important dependable and effective hydraulic systems are to maintaining the best possible operation of many aircraft systems, which enhances passenger safety and experience overall.

● Changes in the economy directly impact aircraft demand, leading to a rise in the demand for sophisticated hydraulic systems that meet changing aviation requirements.

What are Aircraft Hydraulic Systems?

An aircraft hydraulic system uses hydraulic oil to transmit a high force or pressure. It helps move or actuate brakes, flaps, and landing gear. There are two types of aircraft hydraulic systems: closed-center hydraulic systems and open-center hydraulic systems. The components of the aircraft hydraulic system are reservoirs, filters, pumps, valves, accumulators, actuators, hydraulic fluid, hoses, pipes, and connectors.

Top Companies:

In this extremely competitive industry, major rivals constantly innovate and differentiate their products in an effort to take the lead in the market.

Some of the leading companies in the aircraft hydraulic systems market are:

• AeroControlex Group
• Arkwin Industries Inc
• Crane Aerospace & Electronics
• Eaton Corporation
• Heroux-Devtek Inc.
• Liebherr Group
• Meggitt PLC
• Moog Inc.
• Nabtesco Corporation
• Parker Hannifin Corporation
• PTI Technologies Inc
• Raytheon Technologies
• Safran SA
• Triumph Group
• Woodward, Inc.

𝐁𝐮𝐲 𝐭𝐡𝐢𝐬 𝐏𝐫𝐞𝐦𝐢𝐮𝐦 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐑𝐞𝐩𝐨𝐫𝐭: https://www.polarismarketresearch.com/buy/3537/2

Segmental Breakdown:

The aircraft hydraulic systems market is mainly segmented based on type, platform, end-use, and region. Based on the type analysis, in 2023, the closed-center hydraulic systems segment accounted for a significant market share. Closed-center aircraft hydraulic systems employ a closed-loop configuration, ensuring continuous circulation of hydraulic fluid for consistent performance.

Moreover, according to the platform research, the fixed-wing segment accounted for a significant market revenue share in 2023. The escalating demand for fixed-wing aircraft stems from a dynamic commercial aviation expansion, emphasizing enhanced regional connectivity and military fleet modernization.

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Regional Landscape:

• North America (U.S., Canada)

• Europe (France, Germany, UK, Italy, Netherlands, Spain, Russia)

• Asia Pacific (Japan, China, India, Malaysia, Indonesia. South Korea)

• Latin America (Brazil, Mexico, Argentina)

• Middle East & Africa (Saudi Arabia, UAE, Israel, South Africa)

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