According to Stratistics MRC, the Global Aircraft Valve Market is accounted for $4,418.50 million in 2020 and is expected to reach $8,300.28 million by 2028 growing at a CAGR of 8.2% during the forecast period. Factors such as growing production of aircrafts, advancements in material science, and rising disposable income of people are driving the growth of the market. However, regulatory changes in various countries are hampering the growth of the market.
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Based on the type, the butterfly type segment is anticipated to expand at a rapid pace during the forecast period due to its extensive usage in various applications due to their compact size and ease of use. By geography, Asia Pacific is going to have high growth during the forecast period which can be attributed to the increasing aircraft demand from the emerging economies like India and China.
Some of the key players profiled in the Aircraft Valve Market include Parker Hannifin Corporation, Honeywell International Inc., Eaton Corporation plc , Moog Inc., Liebherr , Meggitt PLC, Safran S.A, United Technologies, Circor International, Woodward , Zodiac Aerospace, AeroControlex, Triumph Group Inc., ITT Aerospace Controls, and Crissair Inc.
Valve Types Covered:
• Hydraulic System Valves
• Air Conditioning System Valves
• Fuel System Valves
• Water & Waste System Valves
• Lubrication System Valves
• Pneumatic System Valves
• Ice & Rain Protection System Valves
Materials Covered:
• Aluminum
• Corrosion-Resistant Steel
• Titanium
Platforms Covered:
• Rotary Wing
• Fixed Wing
Mechanism Types Covered:
• Baffle Valves
• Poppet Valves
• Flapper-Nozzle Valves
• Pilot-Operated Valves
• Ball & Plug Valves
Types Covered:
• Butterfly Type
• Plug Type
• Gate Type
Aircraft Types Covered:
• Narrow Body Aircraft
• Wide Body Aircraft
• Very Large Aircraft
• Military Aircraft
• Business and General Aircraft
• Commercial Airliner
End Users Covered:
• Original Equipment Manufacturer (OEM)
• Aftermarket and Maintenance, Repair, and Overhaul (MRO)
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
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