Press release
Primary Catalyst Driving Aircraft Hydraulic System Market Evolution in 2025: Rising Demand For Larger Commercial Aircraft Boosts Aircraft Hydraulic System Market Driver
Aircraft Hydraulic System Market
The expansion of the aircraft hydraulic system market is projected to be fueled by a rise in the utilization of larger commercial aircraft. The term larger commercial aircraft refers to aircraft that bear a weight of 12,500 pounds. The aircraft hydraulics contribute crucial stability for larger aircraft while also reducing cooling expenses and enhancing load management capabilities. For example, Airbus SE, a Netherlands-based commercial aircraft manufacturer, in January 2023, saw an 8% increase in its delivery of commercial aircraft compared to 2021, by delivering 661 commercial aircraft to 84 customers in 2022. Consequently, the surge in the use of larger commercial aircraft is spearheading the growth of the aircraft hydraulic system market.
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What is the future CAGR of the aircraft hydraulic system market, and how will it impact industry expansion?
There has been a swift increase in the size of the aircraft hydraulic system market recently. The prediction is that its worth will rise from $2.56 billion in 2024 to $2.92 billion by 2025, maintaining a compound annual growth rate (CAGR) of 14.0%. Factors like commercial aviation growth, modernization of military aircraft, aging aircraft fleet, aircraft safety regulations, and emerging markets are considered as drivers for this growth in the historical period.
The market size for aircraft hydraulic systems is predicted to experience a swift escalation over the coming years. The market is expected to increase to $4.77 billion by 2029, with a compound annual growth rate (CAGR) of 13.0%. Factors contributing to this growth during the forecast period include the advancement in electric aircraft technology, the rebound of air travel, increasing defense budgets, and variances in trade and geopolitical conditions. Key trends to watch for during this period are electrification and hybridization, eco-friendly hydraulic systems, Internet of Things (IoT) and predictive upkeep, intelligent sensors, and additive production.
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What are the most significant trends transforming the aircraft hydraulic system market today?
The primary trend observed in the aircraft hydraulic system market is the increase in technological enhancements. Large corporations in this market are harnessing novel technologies to assert their dominance. For example, Greene Tweed, a renowned American manufacturer of high-performance seals, recently unveiled its latest L-Cap seal specifically for aerospace hydraulic applications. It is designed with proprietary materials of Avalon PTFE, Arlon PEEK, and elastomer, resulting in an L-Cap seal that is believed to outperform other industry seals in terms of durability and effectiveness. Ensuring a longer lifespan, limited fluid leakage, and supreme performance throughout various temperature ranges, Greene Tweed's L-Cap seal has proven beneficial in providing exceptional fluid sealing in hydraulic cylinders, even under extremely high pressures, especially in essential flight actuation systems.
Which key market segments comprise the aircraft hydraulic system market and drive its revenue growth?
The aircraft hydraulic system market covered in this report is segmented -
1) By Type: Open-Center, Closed-Center
2) By Component: Reservoirs, Pumps, Valves, Hydraulic Fuses, Accumulators, Actuators, Other Components
3) By Fluid Type: Vegetable-Based, Petroleum-Based, Synthetic-Based
4) By Wing Type: Fixed-Wing, Rotary Wing
5) By End User: Air force, Commercial and General Aviation
Subsegments:
1) By Open-Center Hydraulic Systems: Power Pack Systems, Hydraulic Power Units (HPUs), Flow Control Components, Open-Loop Systems
2) By Closed-Center Hydraulic Systems: Power-Boosted Systems, Integrated Hydraulic Actuation Systems, Closed-Loop Control Systems, Fly-by-Wire Systems
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What regions are at the forefront of aircraft hydraulic system market expansion?
Asia-Pacific was the largest region in the aircraft hydraulic system market in 2024. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the aircraft hydraulic system market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Who are the leading players fueling growth in the aircraft hydraulic system market?
Major companies operating in the aircraft hydraulic system market include Parker Hannifin Corporation, Dynex/Rivett Inc., Liebherr-International AG, Woodward Inc., Triumph Group Inc., Moog Inc., Arkwin Industries Inc., Safran S.A., Hycom Engineering Pvt. Ltd., Senior plc, Honeywell International Inc., Eaton Corporation, United Technologies Corp., Nabtesco Corporation, SKF Group, Curtiss-Wright Corporation, Sitec Aerospace GmbH, GKN Aerospace, Abaco Systems Ltd., Claverham Ltd., Circle Seal Controls Inc., Electromech Technologies LLC, Oerlikon Corporation AG, Young & Franklin Inc., AGI Industries Pvt. Ltd., Argo-Hytos Group, Alta Group, Roper Technologies Inc., Sierra Nevada Corporation, Tactair Fluid Controls Inc.
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What Is Covered In The Aircraft Hydraulic System Global Market Report?
•Market Size Forecast: Examine the aircraft hydraulic system market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the aircraft hydraulic system market for a structured understanding.
•Key Players Overview: Analyze major players in the aircraft hydraulic system market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the aircraft hydraulic system market.
•Segment Contributions: Evaluate how different segments drive overall growth in the aircraft hydraulic system market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the aircraft hydraulic system market.
•Industry Challenges: Identify potential risks and obstacles affecting the aircraft hydraulic system market.
•Competitive Landscape: Review strategic developments in the aircraft hydraulic system market, including expansions, agreements, and new product launches.
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