Press release
Aerospace Valves Market Anticipated To Witness Robust Growth, Surpassing $17.13 Billion By 2029
The Aerospace Valves Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].What Is the Current Aerospace Valves Market Size and Its Estimated Growth Rate?
The market size for aerospace valves has seen significant growth in the past few years. It is projected to increase from a valuation of $12.72 billion in 2024 to $13.56 billion in 2025, boasting a compound annual growth rate (CAGR) of 6.6%. Factors driving growth during the historical period include expansion in the aerospace industry, rising air travel, strict safety protocols, the proliferation of space exploration endeavors and satellite installations, coupled with increasing demand for fuel-efficient aircraft.
In the coming years, the aerospace valves market is anticipated to experience robust growth, with the market size projected to reach $17.13 billion in 2029, reflecting a 6.0% compound annual growth rate (CAGR). Several factors are contributing to this growth during the forecast period, including an intensified focus on compact and lightweight valve designs, the burgeoning unmanned aerial vehicle (UAV) and drone market, the embrace of smart, connected valve technologies that allow for real-time monitoring, the blossoming commercial space industry, a rise in the demand for butterfly valves across multiple applications, and a growing need for forced induction devices. Key trends during the forecast period encompass the production of sustainable, eco-friendly valve materials, the application of 3D printing technology, a focus on predictive maintenance capabilities, partnerships formed between aerospace companies and valve manufacturers, and an upsurge in the use of advanced coatings to boost durability and performance.
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How Are Emerging Segments Shaping the Aerospace Valves Market Landscape?
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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Which Growth Factors Are Influencing Aerospace Valves Market Expansion?
As the global commercial aircraft fleet expands, it is anticipated to spur on the aerospace valves market. A surge in air passenger numbers has led to an inflation in commercial aircraft purchases worldwide. With aerospace transport companies around the globe continuing to acquire new aircraft, the call for aerospace valves is expected to increase. These valves are key components in most of the aircraft's crucial infrastructure. For example, based on an updated report in June 2024, Netherlands-based Airbus SE, a supplier of aeronautics, defense, and space-related services, aims to deliver approximately 770 commercial aircraft in 2024. However, their goal of producing 75 A320 Family aircraft per month has been postponed until 2027 due to supply chain obstacles. Accordingly, the augmented global commercial aircraft fleet is predicted to enhance the demand in the aerospace valves market during the forecast period.
Who Are the Dominant Players Across Different Aerospace Valves Market Segments?
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
What Are the Latest Developing Trends in the Aerospace Valves Market?
The additive manufacturing trend is steadily making waves in the aerospace valves market, with 3D printing being a popular approach. This technique translates digital designs into physical objects by depositing layers of material like liquid, powdered plastic or others based on the digital design input. Companies within the aerospace valves industry are progressively exploiting 3D printing technology for the conception and manufacturing of unibody and fuselage designs. For example, in July, Honeywell International Inc., an American multinational conglomerate, introduced a bleed pressure regulating valve made using a 3D printing manufacturing process, destined for installation in military trainer aircraft.
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Which Geographic Regions Are Expected to Dominate the Aerospace Valves Market in the Coming Years?
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
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Aerospace Valves Market?
2. What is the CAGR expected in the Aerospace Valves Market?
3. What Are the Key Innovations Transforming the Aerospace Valves Industry?
4. Which Region Is Leading the Aerospace Valves Market?
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