Aerospace Valves Market 2024 Industry Insights, Business Growth, Trends And Forecast To 2033

"The new report published by The Business Research Company, titled ""Aerospace Valves Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033"", delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.

As per the report, the aerospace valves market size has grown strongly in recent years. It will grow from $12.16 billion in 2023 to $12.99 billion in 2024 at a compound annual growth rate (CAGR) of 6.8%. The aerospace valves market size is expected to see strong growth in the next few years. It will grow to $16.64 billion in 2028 at a compound annual growth rate (CAGR) of 6.4%.

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Increasing Global Commercial Aircraft Fleet Drives Aerospace Valves Market Growth
The increasing global commercial aircraft fleet is expected to propel the aerospace valves market. The growing number of air passengers has widely increased the acquisition of commercial aircraft across the globe. The increasing acquisition of new aircraft by aerospace transport companies across the globe is expected to boost demand for aerospace valves, as they are a vital component in the majority of critical infrastructure across the aircraft. For instance, In June 2021, United Airlines, a US-based airline company, planned to order 270 aeroplanes for the post-COVID growth plan. And In May 2021, Airbus, an aerospace company, announced that it would increase the production of its A320 planes. Therefore, the increase in the global commercial aircraft fleet is expected to boost demand for aerospace valves market during the forecast period.

3D Printing Revolutionizes Aerospace Valves Market
Additive manufacturing is a key trend gaining popularity in the aerospace valves market. 3D printing is an additive manufacturing technique that creates a physical object from a digital design. The manufacturing process involves laying down a layer of material in the form of liquid, powered plastic or other through the input from digital design software. The companies operating in the aerospace valves sector are increasingly utilizing 3D printing technologies to develop unibody and fuselage design and production. For instance, In July, Honeywell International Inc., a US-based conglomerate corporation launched a bleed pressure regulating valve from 3D printing manufacturing process, which will be installed in military trainer aircraft.

The aerospace valves market covered in this report is segmented -

1) By Type: Butterfly Valves, Rotary Valves, Solenoid Valves, Flapper-nozzle Valves, Poppet Valves, Gate Valves, Ball Valves, Other Types
2) By Material: Stainless Steel, Titanium, Aluminum, Other Materials
3) By Application: Fuel System, Hydraulic System, Environmental Control System, Pneumatic System, Lubrication System, Water & Wastewater System
4) By End Use: OEM, Aftermarket

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Major companies operating in the aerospace valves market report are Safran SA, Parker Hannifin Corporation, Meggitt plc, Crissair Inc., Sitec Aerospace GmbH, Eaton Corporation plc, Woodward Inc., Triumph Group Inc., Moog Inc., Liebherr-Aerospace Lindenberg GmbH, Porvair Plc, Precision Fluid Controls Inc., ITT Inc., Lakshmi Technology and Engineering Industries Ltd., SSP Fittings Corp., The Lee Company, Aero Space Controls Corp., Wisconsin Oven Corp., Honeywell International Inc., Zodiac Aerospace SADIR, CIRCOR International Inc., AeroControlex Group Inc., Senior Aerospace Ltd., AVK Holding A/S, Parker Aerospace Corp., Crane Co., Valcor Engineering Corporation, Mooney Controls Corp., Regent Aerospace Corporation

Contents of the report:
1. Executive Summary
2. Aerospace Valves Market Report Structure
3. Aerospace Valves Market Trends And Strategies
4. Aerospace Valves Market - Macro Economic Scenario
5. Aerospace Valves Market Size And Growth
…..
27. Aerospace Valves Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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