The aerospace valves market was valued at USD 3.56 Billion in 2017 and is projected to reach USD 4.84 Billion by 2023, at a CAGR of 5.44% during the forecast period. The base year considered for the study is 2017 and the forecast period is from 2018 to 2023.

Objectives of the study:

The report analyzes the aerospace valves market on the basis of valves (aerospace fuel system valves, aerospace hydraulic system valves, aerospace air conditioning system valves, aerospace ice & rain protection system valves, pneumatic system valves, water and waste system valves and aerospace lubrication system valves), material (corrosion resistant steel, aluminum, titanium, others), mechanism (poppet valves, pilot valves, flapper nozzle valves, ball and plug valves, baffle valves, and others), aviation (commercial aviation, military aviation, business and general aviation), end user (OEM and aftermarket), and maps these segments and subsegments across major regions, namely, North America, Europe, Asia Pacific, and the Rest of the World (RoW).

The report provides in-depth market intelligence regarding the aerospace valves market and major factors, including drivers, restraints, opportunities, and challenges that may influence the growth of the market, along with an analysis of micromarkets with respect to individual growth trends, future prospects, and their contribution. The report also covers competitive developments, such as long-term contracts, new product launches and developments, and research & development activities in the aerospace valves market, in addition to business and corporate strategies adopted by key market players.

Research Methodology:

Market size estimation for various segments and subsegments of the aerospace valves market has been arrived at through extensive secondary research sources such as Airbus and Boeing Aircraft Market Outlook, Federal Aviation Administration (FAA), and International Air Transport Association (IATA), annual reports and publications, among others, and in corroboration with primaries. Further market triangulation has been done with the help of statistical techniques using econometric tools. All percentage shares, splits, and breakdowns were determined using secondary sources and verified through primary sources. All possible parameters that affect the market have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to acquire the final quantitative and qualitative data. This data is consolidated with detailed inputs and analysis from MarketsandMarkets and presented in this report.

The breakdown of profiles of primary participants is depicted in the figure given below:

To know about the assumptions considered for the study, download the pdf brochure

The aerospace valves market ecosystem comprises valves manufacturers such as Parker Hannifin Corporation (US), Pall Corporation, Donaldson, Inc. (US), CLARCOR, Inc. (US), and Freudenberg & Co. KG (Germany), among others. The major customers of aerospace valves are airlines, military, and MRO service providers.

Key Target Audience

Aerospace Valves Manufacturers

Airlines and Aircraft Manufacturers

MRO Service Providers and Pump Distributors

Component Suppliers

Scope of the Report

This research report categorizes the aerospace valves market into the following segments and subsegments:

Aerospace Valves Market, By Valves Aerospace Fuel System Valves Aerospace Hydraulic System Valves Aerospace Air Conditioning System Valves Aerospace Ice & Rain Protection Valves Aerospace Pneumatic System Valves Aerospace Lubrication systems Valves Aerospace Water and Waste System Pumps

Aerospace Valves Market, By Mechanism Poppet Valves Pilot Valves Flapper-nozzle Valves Ball and Plug Valves Others

Aerospace Valves Market, By Material Corrosion Resistant Steel Aluminum Titanium Others

Aerospace Valves Market, By Aviation Commercial Aviation Military Aviation Business and General Aviation

Aerospace Valves Market, By End User OEM Aftermarket

Aerospace Valves Market, By Region North America Europe Asia Pacific Rest of the World



Customizations available for the report:

Along with the given market data, MarketsandMarkets offers customizations as per the specific needs of the company. The following customization options are available for the report:

Company Information Detailed analysis and profiles of additional market players (up to five)



The aerospace valves market is projected to grow from an estimated USD 3.71 Billion in 2018 to USD 4.84 Billion by 2023, at a CAGR of 5.44% during the forecast period. This growth can be attributed to the increasing aircraft orders as a result of the rise in air passenger traffic across the globe. The growth in passenger traffic is resulting in increased flight hours of aircraft, which is leading to short replacement cycles, a key factor driving the demand for aerospace valves from the Maintenance, Repair and Overhaul (MRO) companies. Airliners are opting for lightweight valves, which would reduce aircraft weight and improve fuel efficiency.

Based on valves, the aerospace valves market has been segmented into aerospace fuel system valves, aerospace hydraulic system valves, aerospace air conditioning system valves, aerospace ice & rain protection system valves, pneumatic system valves, water and waste system valves, and aerospace lubrication system valves. Valves help in pressurizing various fluids such as fuel, hydraulic oils, lubricating oils and water, and transferring these fluids to different aircraft components that help in the better performance of an aircraft.

Based on mechanism, the aerospace valves market has been segmented into poppet valves, pilot valves, flapper-nozzle valves, ball and plug valves, baffle valves, and others. The ball and plug valves segment is expected to grow at the highest CAGR during the forecast period. Air conditioning & cooling valves are used in environment control management systems in an aircraft.

Based on end user, the aerospace valves market has been segmented into OEM and aftermarket. The aftermarket segment is expected to grow at the highest CAGR during the forecast period. According to the International Air Transport Association (IATA) report, Revenue Passenger Kilometers (RPKs) increased by 6.5% in 2015 as compared to 2014. This rise in air traffic has led to an increase in demand for aerospace valves in the commercial segment, majorly in the Asia Pacific region.

The geographical analysis of the aerospace valves market includes regions such as North America, Europe, Asia Pacific, and the Rest of the World (RoW). The North America region accounted for the largest share of the aerospace valves market in 2016. Several countries such as Brazil, Argentina, Saudi Arabia, and the UAE, among others, are increasing their military and commercial aircraft fleets. However, the Asia Pacific aerospace valves market is projected to grow at the highest CAGR during the forecast period due to the increase in passenger traffic and military aircraft in countries such as India, China, and Russia, among other countries, from the region

The existing backlogs of aircraft deliveries act as a restraint in the growth of the aerospace valves market. The limited manufacturing capacity of major aircraft manufacturing companies has resulted in a large backlog of aircraft deliveries.

Products offered by various companies in the aerospace valves market have been listed in the report. The recent developments section of the report includes recent and important developments by various companies between 2009 and 2016. Major companies profiled in the report include Parker Hannifin Corporation (US), Eaton (Ireland), Honeywell (US), Zodiac Aerospace (France), Woodward (US), and AeroControlex (US), among others. Agreements and acquisitions accounted for a major share of the total growth strategies adopted by the leading players in the aerospace valves market. These strategies have enabled companies to strengthen their position in the aerospace valves market.

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