Press release
Increasing Global Commercial Aircraft Fleet Drives Aerospace Valves Market Growth: A Key Factor Shaping the Future of the Aerospace Valves Market in 2025
Which drivers are expected to have the greatest impact on the over the aerospace valves market's growth?With the rise in the global commercial aircraft fleet, the aerospace valves market is predicted to surge. The increase in air passenger numbers has led to a significant rise in the procurement of commercial aircraft worldwide. Aerospace transport companies around the globe purchasing new aircraft is anticipated to elevate the demand for aerospace valves since they are an essential component in most of the aircraft's critical infrastructure. According to a 2024 update, Airbus SE, located in the Netherlands and offering services related to aeronautics, defense, and space, expects to deliver around 770 commercial aircraft in 2024. However, due to supply chain issues, the goal of producing 75 A320 Family aircraft per month has been postponed until 2027. Consequently, the expansion of the global commercial aircraft fleet is predicted to enhance the demand for the aerospace valves market during the forecasted period.
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What is the future CAGR of the aerospace valves market, and how will it impact industry expansion?
The market size for aerospace valves has experienced substantial growth over the past few years. It's set to expand from $12.72 billion in 2024 to $13.56 billion in 2025, representing a compound annual growth rate (CAGR) of 6.6%. Factors contributing to the prior growth trend include advancement in the aerospace sector, the rise in air travel, tough safety rules, increased activities in space exploration and satellite launches, as well as a growing desire for fuel-efficient aircraft.
The market size of the aerospace valves is anticipated to witness significant growth in the forthcoming years, escalating to a value of $17.13 billion in 2029 at a Compound Annual Growth Rate (CAGR) of 6.0%. The expansion during the predicted timeline can be attributed to the concentration on compact and lightweight valve designs, development in the unmanned aerial vehicle (UAV) and drone sector, the uptake of connected and intelligent valve technologies for real-time tracking, growth of the commercial space sector, mounting demand for butterfly valves across multiple applications, and the inclination towards forced induction devices. Key trends projected for the forecast period include the emergence of sustainable and eco-friendly valve materials, incorporation of 3D printing technology, focus on predictive maintenance capabilities, partnerships between valve manufacturers and aerospace firms, and the growing application of advanced coatings for enhancing durability and performance.
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What are the most significant trends transforming the aerospace valves market today?
Additive manufacturing is becoming a prominent trend in the aerospace valves industry. This involves 3D printing, a process where a tangible object is created from a computer-aided design. It functions by depositing layers of substance, such as liquid, powdered plastic, or other materials, based on instructions from digital design software. 3D printing techniques are increasingly being used by aerospace valve companies for the creation and production of fuselage designs and unibody. For example, Honeywell International Inc., an American multinational company, launched a 3D printed bleed pressure regulating valve in July. This valve will be employed in the military trainer aircraft.
Which key market segments comprise the aerospace valves market and drive its revenue growth?
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, After market
Subsegments:
1) By Butterfly Valves: Wafer Butterfly Valves, Lug Butterfly Valves, Triple Offset Butterfly Valves
2) By Rotary Valves: Quarter-Turn Rotary Valves, Multi-Turn Rotary Valves
3) By Solenoid Valves: Direct-Acting Solenoid Valves, Pilot-Operated Solenoid Valves
4) By Flapper-Nozzle Valves: Pressure-Operated Flapper Valves, Flow-Control Flapper Valves
5) By Poppet Valves: Spring-Loaded Poppet Valves, Pneumatically Actuated Poppet Valves
6) By Gate Valves: Rising Stem Gate Valves, Non-Rising Stem Gate Valves
7) By Ball Valves: Trunnion Ball Valves, Floating Ball Valves
8) By Other Types: Check Valves, Pressure Relief Valves, Diaphragm Valves
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What regions are at the forefront of aerospace valves market expansion?
North America was the largest region in the aerospace valves market in 2024.Asia-Pacific is expected to be the fastest-growing region in the global aerospace valves market share during the forecast period. The regions covered in the aerospace valves market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Who are the leading players fueling growth in the aerospace valves market?
Major companies operating in the aerospace valves market include 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
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What Is Covered In The Aerospace Valves Global Market Report?
•Market Size Forecast: Examine the aerospace valves market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the aerospace valves market for a structured understanding.
•Key Players Overview: Analyze major players in the aerospace valves market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the aerospace valves market.
•Segment Contributions: Evaluate how different segments drive overall growth in the aerospace valves market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the aerospace valves market.
•Industry Challenges: Identify potential risks and obstacles affecting the aerospace valves market.
•Competitive Landscape: Review strategic developments in the aerospace valves market, including expansions, agreements, and new product launches.
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