HOME Top Market Reports Aircraft Hydraulic System Market by Type (Open-Center, Closed-Center), Component (Reservoir, Filters, Pumps, Accumulators, Actuators, Hydraulic Fluid), Platform (Fixed, Rotary) and Region - Global Forecast to 2021

Aircraft Hydraulic System Market by Type (Open-Center, Closed-Center), Component (Reservoir, Filters, Pumps, Accumulators, Actuators, Hydraulic Fluid), Platform (Fixed, Rotary) and Region - Global Forecast to 2021

By: marketsandmarkets.com
Publishing Date: February 2017
Report Code: AS 5032

 

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The aircraft hydraulic system market is projected to grow from USD 935.9 Million in 2016 to USD 1,158.5 Million by 2021, at a CAGR of 4.36% during the forecast period. The objective of this study is to analyze, define, describe, and forecast the aircraft hydraulic system market based on type, component, and platform. The report also focuses on the competitive landscape of this market by profiling companies based on their financial position, product portfolio, growth strategies, and analyzing their core competencies and market share to anticipate the degree of competition prevailing in the market. This report also tracks and analyzes competitive developments, such as partnerships, mergers & acquisitions, new product developments, and research & development activities in the aircraft hydraulic system market. The base year considered for this study is 2015 and the forecast period is from 2016 to 2021.

The research methodology used to estimate and forecast the aircraft hydraulic system market includes study of data and revenues of key market players through secondary resources, such as annual reports, Yahoo Finance, Federal Aviation Administration (FAA), International Civil Aviation Organization (ICAO), International Air Transport Association (IATA), and Stockholm International Peace Research Institute (SIPRI). The bottom-up procedure was employed to arrive at the overall size of the aircraft hydraulic system market from the revenue of key players in the market. After arriving at the overall market size, the aircraft hydraulic system market was split into several segments and subsegments, which were then verified through primary research by conducting extensive interviews with key industry experts, such as CEOs, VPs, directors, executives, and engineers. These data triangulation and market breakdown procedures were employed to complete the overall market engineering process and arrive at the exact statistics for all segments and subsegments. Breakdown of profiles of primaries is shown in the figure given below:

Aircraft Hydraulic System Market

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

Market Ecosystem

The aircraft hydraulic system value chain includes component suppliers, such as United Technologies Corporation (U.S.), Parker Hannifin Corporation (U.S.), Safran S.A. (France), Eaton Corporation PLC (Ireland), Liebherr-International AG (Switzerland), Woodward Inc. (U.S.), Triumph Group Inc. (U.S.), and Moog Inc. (U.S.). Boeing Company (U.S.), Airbus Group (France), Gulfstream Aerospace Corporation (U.S.), Bombardier Inc. (Canada), and Embraer SA (Brazil) are some of the aircraft manufacturers using aircraft hydraulic systems manufactured by the various component suppliers. Contracts and agreements & partnerships were the major strategies adopted by the key players operational in the aircraft hydraulic system market.

Target Audience for this Report

  • Manufacturers of Aircraft Hydraulic System
  • Original Equipment Manufacturers (OEMs)
  • Sub-component Manufacturers
  • Technology Support Providers
  • Government and Certification Bodies
  • Aircraft Manufacturer Associations

“This study answers several questions for stakeholders, primarily, which market segments to focus on during the next two to five years to prioritize their efforts and investments.”

Scope of the Report:

Aircraft Hydraulic System Market, By Type

  • Closed Center Hydraulic System
  • Open Center Hydraulic System

Aircraft Hydraulic System Market, By Component

  • Reservoir
  • Filters
  • Pumps
  • Valves
  • Accumulators
  • Actuators
  • Hydraulic Fluid
  • Hoses, Pipes & Connectors

Aircraft Hydraulic System Market, By Platform

  • Fixed Wing
  • Rotary Wing

Aircraft Hydraulic System Market, By Region

  • North America
  • Europe
  • Asia-Pacific
  • Rest of the World

Available Customizations

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

  • Geographic analysis
    • Further breakdown of the rest of the world market
  • Company information
    • Detailed analysis and profiling of additional market players (up to five)
  • Additional level segmentation

Table of Contents

1 Introduction (Page No. - 15)
    1.1 Objectives of Study
    1.2 Market Definition
    1.3 Study Scope
           1.3.1 Markets Covered
           1.3.2 Regional Scope
           1.3.3 Years Considered for the Study
    1.4 Currency & Pricing
    1.5 Study Limitations
    1.6 Market Stakeholders

2 Research Methodology (Page No. - 19)
    2.1 Research Data
           2.1.1 Secondary Data
                    2.1.1.1 Key Data From Secondary Sources
           2.1.2 Primary Data
                    2.1.2.1 Key Data From Primary Sources
                    2.1.2.2 Key Industry Insights
                    2.1.2.3 Breakdown of Primaries
    2.2 Factor Analysis
           2.2.1 Introduction
           2.2.2 Demand-Side Indicators
                    2.2.2.1 Increase in Global Air Traffic
                    2.2.2.2 Need for Easy and Accurate Control
           2.2.3 Supply-Side Indicators
                    2.2.3.1 Development of Advanced Hydraulic System Components By Manufacturers
    2.3 Market Size Estimation
           2.3.1 Bottom-Up Approach
           2.3.2 Top-Down Approach
    2.4 Data Triangulation
    2.5 Research Assumptions

3 Executive Summary (Page No. - 31)

4 Premium Insights (Page No. - 35)
    4.1 Attractive Market Opportunities in the Aircraft Hydraulic System Market
    4.2 Aircraft Hydraulic System Market, By Component
    4.3 Aircraft Hydraulic System Market Size, By Type
    4.4 Aircraft Hydraulic System Market, By Platform
    4.5 Market Share and Growth Analysis, By Region

5 Market Overview (Page No. - 38)
    5.1 Introduction
    5.2 Market Segmentation
           5.2.1 Aircraft Hydraulic System Market: By Type
           5.2.2 Aircraft Hydraulic System Market: By Component
           5.2.3 Aircraft Hydraulic System Market: By Platform
           5.2.4 Aircraft Hydraulic System Market: By Region
    5.3 Market Dynamics
           5.3.1 Drivers
                    5.3.1.1 High Reliability of Hydraulic System
                    5.3.1.2 High Power to Weight Ratio of Hydraulic System
                    5.3.1.3 Low Cooling Cost Due to Less Heat Generated in Hydraulic System
                    5.3.1.4 Wide Range of Load Handling Capacity
           5.3.2 Restraints
                    5.3.2.1 High Cost of Maintenance of Hydraulic System
                    5.3.2.2 High System Weight Resulting in Increased Use of Electric System
           5.3.3 Opportunities
                    5.3.3.1 Advancements in Hydraulic System Components
           5.3.4 Challenges
                    5.3.4.1 Higher Weight of Hydraulic System as Compared to Electrical System
                    5.3.4.2 Avoiding Leakages Completely- Affecting the Safety of Aircraft

6 Industry Trends (Page No. - 46)
    6.1 Introduction
    6.2 Technology Trends
           6.2.1 Higher Hydraulic Operating Pressure
           6.2.2 Intelligent Flow Control
           6.2.3 Electro-Hydraulic Components
    6.3 Value Chain Analysis
    6.4 Patents

7 Aircraft Hydraulic System Market, By Type (Page No. - 51)
    7.1 Introduction
    7.2 Closed Center Hydraulic System Market
    7.3 Open Center Hydraulic System Market

8 Aircraft Hydraulic System Market, By Component (Page No. - 54)
    8.1 Introduction
    8.2 Reservoir
    8.3 Filters
    8.4 Pumps
    8.5 Valves
    8.6 Accumulators
    8.7 Actuators
    8.8 Hydraulic Fluid
    8.9 Hoses, Pipes & Connectors

9 Aircraft Hydraulic System Market, By Platform (Page No. - 59)
    9.1 Introduction
    9.2 Fixed Wing
           9.2.1 Commercial
                    9.2.1.1 Light Aircraft
                    9.2.1.2 Narrow Body Aircraft
                    9.2.1.3 Wide Body Aircraft
                    9.2.1.4 Very Large Aircraft
                    9.2.1.5 Business Jets
                    9.2.1.6 Regional Transport Aircraft
           9.2.2 Military
    9.3 Rotary Wing

10 Aircraft Hydraulic System Market, By Region (Page No. - 66)
     10.1 Introduction
     10.2 North America
             10.2.1 By Type
             10.2.2 By Component
             10.2.3 By Platform
             10.2.4 By Country
                        10.2.4.1 U.S.
                                     10.2.4.1.1 By Type
                                     10.2.4.1.2 By Component
                                     10.2.4.1.3 By Platform
                        10.2.4.2 Canada
                                     10.2.4.2.1 By Type
                                     10.2.4.2.2 By Component
                                     10.2.4.2.3 By Platform
     10.3 Europe
             10.3.1 By Type
             10.3.2 By Component
             10.3.3 By Platform
             10.3.4 By Country
                        10.3.4.1 U.K.
                                     10.3.4.1.1 By Type
                                     10.3.4.1.2 By Component
                                     10.3.4.1.3 By Platform
                        10.3.4.2 France
                                     10.3.4.2.1 By Type
                                     10.3.4.2.2 By Component
                                     10.3.4.2.3 By Platform
                        10.3.4.3 Germany
                                     10.3.4.3.1 By Type
                                     10.3.4.3.2 By Component
                                     10.3.4.3.3 By Platform
                        10.3.4.4 Russia
                                     10.3.4.4.1 By Type
                                     10.3.4.4.2 By Component
                                     10.3.4.4.3 By Platform
     10.4 Asia-Pacific
             10.4.1 By Type
             10.4.2 By Component
             10.4.3 By Platform
             10.4.4 By Country
                        10.4.4.1 China
                                     10.4.4.1.1 By Type
                                     10.4.4.1.2 By Component
                                     10.4.4.1.3 By Platform
                        10.4.4.2 Japan
                                     10.4.4.2.1 By Type
                                     10.4.4.2.2 By Component
                                     10.4.4.2.3 By Platform
                        10.4.4.3 India
                                     10.4.4.3.1 By Type
                                     10.4.4.3.2 By Component
                                     10.4.4.3.3 By Platform
     10.5 Rest of the World
             10.5.1 By Type
             10.5.2 By Component
             10.5.3 By Platform
             10.5.4 By Country
                        10.5.4.1 UAE
                                     10.5.4.1.1 By Type
                                     10.5.4.1.2 By Component
                                     10.5.4.1.3 By Platform
                        10.5.4.2 Brazil
                                     10.5.4.2.1 By Type
                                     10.5.4.2.2 By Component
                                     10.5.4.2.3 By Platform
                        10.5.4.3 South Africa
                                     10.5.4.3.1 By Type
                                     10.5.4.3.2 By Component
                                     10.5.4.3.3 By Platform
                        10.5.4.4 Others
                                     10.5.4.4.1 By Type
                                     10.5.4.4.2 By Component
                                     10.5.4.4.3 By Platform

11 Competitive Landscape (Page No. - 102)
     11.1 Overview
     11.2 Market Rank Analysis, By Company
     11.3 Brand Analysis
     11.4 Competitive Situations & Trends
             11.4.1 Contracts & Agreements
             11.4.2 Acquisitions
             11.4.3 New Product Launches

12 Company Profiles (Page No. - 109)
(Overview, Products & Services, Strategies & Insights, Developments and MnM View)*
     12.1 Introduction
     12.2 United Technologies Corporation
     12.3 Parker Hannifin Corporation
     12.4 Safran S.A.
     12.5 Eaton Corporation PLC
     12.6 Liebherr-International AG
     12.7 Woodward, Inc.
     12.8 Triumph Group, Inc.
     12.9 Moog Inc.
     12.10 Arkwin Industries Inc.
     12.11 Beaver Aerospace & Defense, Inc.

*Details on Overview, Products & Services, Strategies & Insights, Developments and MnM View Might Not Be Captured in Case of Unlisted Companies.

13 Appendix (Page No. - 138)
     13.1 Discussion Guide
     13.2 Knowledge Store: Marketsandmarkets’ Subscription Portal
     13.3 Introducing RT: Real Time Market Intelligence
     13.4 Available Customizations
     13.5 Related Reports
     13.6 Author Details


List of Tables (65 Tables)

Table 1 Aircraft Hydraulic System Market Size, By Type, 2014-2021 (USD Million)
Table 2 Aircraft Hydraulic System Market Size, By Componet, 2014-2021 (USD Million)
Table 3 Aircraft Hydraulic System Market, By Platform, 2014-2021 (USD Million)
Table 4 Fixed Wing Segment, By End Use , 2014-2021 (USD Million)
Table 5 Commercial Subsegment, By Aircraft Size, 2014-2021 (USD Million)
Table 6 Rotary Wing Aircraft Hydraulic System Market, By End Use , 2014-2021 (USD Million)
Table 7 Aircraft Hydraulic System Market Size, By Region, 2014-2021 (USD Million)
Table 8 North America Market Size, By Type, 2014-2021 (USD Million)
Table 9 North America Market Size, By Component, 2014-2021 (USD Million)
Table 10 North America Aircraft Hydraulic System Market Size, By Platform, 2014-2021 (USD Million)
Table 11 North America Market Size, By Country, 2014-2021 (USD Million)
Table 12 U.S. Market Size, By Type, 2014-2021 (USD Million)
Table 13 U.S. Market Size, By Component, 2014-2021 (USD Million)
Table 14 U.S. Market Size, By Platform, 2014-2021 (USD Million)
Table 15 Canada Aircraft Hydraulic System Market Size, By Type, 2014-2021 (USD Million)
Table 16 Canada Market Size, By Component, 2014-2021 (USD Million)
Table 17 Canada Market Size, By Platform, 2014-2021 (USD Million)
Table 18 Europe Market Size, By Type, 2014-2021 (USD Million)
Table 19 Europe Market Size, By Component, 2014-2021 (USD Million)
Table 20 Europe Market Size, By Platform, 2014-2021 (USD Million)
Table 21 Europe Market Size, By Country, 2014-2021 (USD Million)
Table 22 U.K. Market Size, By Type, 2014-2021 (USD Million)
Table 23 U.K. Market Size, By Component, 2014-2021 (USD Million)
Table 24 U.K. Market Size, By Platform, 2014-2021 (USD Million)
Table 25 France Market Size, By Type, 2014-2021 (USD Million)
Table 26 France Market Size, By Component, 2014-2021 (USD Million)
Table 27 France Market Size, By Platform, 2014-2021 (USD Million)
Table 28 Germany Market Size, By Type, 2014-2021 (USD Million)
Table 29 Germany Market Size, By Component, 2014-2021 (USD Million)
Table 30 Germany Aircraft Hydraulic System Size, By Platform, 2014-2021 (USD Million)
Table 31 Russia Market Size, By Type, 2014-2021 (USD Million)
Table 32 Russia Market Size, By Component, 2014-2021 (USD Million)
Table 33 Russia Market Size, By Platform, 2014-2021 (USD Million)
Table 34 Asia-Pacific Market Size, By Type, 2014-2021 (USD Million)
Table 35 Asia-Pacific Market Size, By Component, 2014-2021 (USD Million)
Table 36 Asia-Pacific Market Size, By Platform, 2014-2021 (USD Million)
Table 37 Asia-Pacific Market Size, By Country, 2014-2021 (USD Million)
Table 38 China Market Size, By Type, 2014-2021 (USD Million)
Table 39 China Market Size, By Component, 2014-2021 (USD Million)
Table 40 China Market Size, By Platform, 2014-2021 (USD Million)
Table 41 Japan Market Size, By Type, 2014-2021 (USD Million)
Table 42 Japan Market Size, By Component, 2014-2021 (USD Million)
Table 43 Japan Market Size, By Platform, 2014-2021 (USD Million)
Table 44 India Market Size, By Types, 2014-2021 (USD Million)
Table 45 India Market Size, By Component, 2014-2021 (USD Million)
Table 46 India Market Size, By Platform, 2014-2021 (USD Million)
Table 47 Rest of the World Market, By Type, 2014-2021 (USD Million)
Table 48 Rest of the World Market, By Component, 2014-2021 (USD Million)
Table 49 Rest of the World Market, By Platform, 2014-2021 (USD Million)
Table 50 Rest of the World Market, By Country, 2014-2021 (USD Million)
Table 51 UAE Market Size, By Type, 2014-2021 (USD Million)
Table 52 UAE Market Size, By Component, 2014-2021 (USD Million)
Table 53 UAE Market Size, By Platform, 2014-2021 (USD Million)
Table 54 Brazil Market Size, By Type, 2014-2021 (USD Million)
Table 55 Brazil Market Size, By Component, 2014-2021 (USD Million)
Table 56 Brazil Market Size, By Platform, 2014-2021 (USD Million)
Table 57 South Africa Market Size, By Type, 2014-2021 (USD Million)
Table 58 South Africa Market Size, By Component, 2014-2021 (USD Million)
Table 59 South Africa Market Size, By Platform, 2014-2021 (USD Million)
Table 60 Others Aircraft Hydraulic System Market Size, By Type, 2014-2021 (USD Million)
Table 61 Others Aircraft Hydraulic System Market Size, By Component, 2014-2021 (USD Million)
Table 62 Others Aircraft Hydraulic System Market Size, By Platform, 2014-2021 (USD Million)
Table 63 Contracts, March 2013 - October 2016
Table 64 Acquisitions: March 2013 – July 2014
Table 65 New Product Launches: March 2013 – June 2015


List of Figures (59 Figures)

Figure 1 Aircraft Hydraulic System Market: Markets Covered
Figure 2 Years Considered for the Study
Figure 3 Research Process Flow
Figure 4 Aircraft Hydraulic System Market: Research Design
Figure 5 Breakdown of Primary Interviews: By Company Type, Designation, and Region
Figure 6 Global Air Passenger Growth (%), 2005-2015
Figure 7 Benefits of Aircraft Hydraulic System
Figure 8 Market Size Estimation Methodology: Bottom-Up Approach
Figure 9 Market Size Estimation Methodology: Top-Down Approach
Figure 10 Data Triangulation
Figure 11 Assumptions of the Research Study
Figure 12 Aircraft Hydraulic System Market, By Type, 2016 & 2021 (USD Million)
Figure 13 The Pumps Segment is Estimated to Lead the Aircraft Hydraulic System Market in 2016
Figure 14 North America is Estimated to Be the Largest Market for Aircraft Hydraulic System in 2016
Figure 15 Contracts & Agreements Was the Key Growth Strategy, Between March 2013 and October 2016
Figure 16 The High Reliability of Use of Aircraft Hydraulic System is Expected to Drive the Market Growth During the Forecast Period
Figure 17 The Pumps Segment is Estimated to Lead to the Aircraft Hydraulic System Market in 2016
Figure 18 Closed Centre Hydraulic System is Projected to Be the Largest Segment By 2021
Figure 19 The Fixed Wing Segment is Projected to Grow at the Highest CAGR During the Forecast Period
Figure 20 North America is Estimated to Contribute the Largest Share to the Aircraft Hydraulic System in 2016
Figure 21 Market Segmentation: By Type
Figure 22 Market Segmentation: By Component
Figure 23 Market Segmentation: By Platform
Figure 24 Market Segmentation: By Region
Figure 25 Market Dynamics of the Aircraft Hydraulic System Market
Figure 26 Components Used in Hydraulic System
Figure 27 Power to Weight Ratio of Hydraulic System, Electrical, and Mechanical System
Figure 28 Aircraft Hydraulic System Pressure, 1970-2020
Figure 29 Value Chain Analysis: Maximum Value Added During the Component Assembly and Integration Stage
Figure 30 Demand for Closed Center Hydraulic System, 2016-2021
Figure 31 The Pumps Segment is Projected to Grow at the Highest CAGR During the Forecast Period
Figure 32 The Fixed Wing Segment is Projected to Grow at A Higher CAGR During the Forecast Period
Figure 33 Aircraft Hydraulic System Market: Regional Snapshot, 2016-2021
Figure 34 North America Aircraft Hydraulic System Market Snapshot
Figure 35 Europe Aircraft Hydraulic System Market Snapshot
Figure 36 Asia-Pacific Aircraft Hydraulic System Market Snapshot
Figure 37 Rest of the World Aircraft Hydraulic System Market Snapshot
Figure 38 Companies Adopted Contracts and Agreements as the Key Growth Strategy From March 2013 to October 2016
Figure 39 Market Rank Analysis, 2015
Figure 40 Brand Analysis: Aircraft Hydraulic System Market
Figure 41 Aircraft Hydraulic System Market Witnessed Significant Developments From March 2013 to October 2016
Figure 42 Contracts & Agreements Was the Most Preferred Strategy Adopted By the Market Players
Figure 43 Regional Revenue Mix of Top 5 Market Players, 2015
Figure 44 United Technologies Corporation: Company Snapshot
Figure 45 United Technologies Corporation: SWOT Analysis
Figure 46 Parker Hannifin Corporation: Company Snapshot
Figure 47 Parker Hannifin Corporation: SWOT Analysis
Figure 48 Safran SA: Company Snapshot
Figure 49 Safran SA: SWOT Analysis
Figure 50 Eaton Corporation PLC: Company Snapshot
Figure 51 Eaton Corporation PLC: SWOT Analysis
Figure 52 Liebherr-International AG: Company Snapshot
Figure 53 Liebherr-International AG: SWOT Analysis
Figure 54 Woodward, Inc.: Company Snapshot
Figure 55 Woodward, Inc.: SWOT Analysis
Figure 56 Triumph Group, Inc.: Company Snapshot
Figure 57 Triumph Group, Inc.: SWOT Analysis
Figure 58 Moog, Inc.: Company Snapshot
Figure 59 Moog, Inc.: SWOT Analysis

The aircraft hydraulic system market is expected to grow from USD 935.9 Million in 2016 to USD 1,158.5 Million by 2021, at a CAGR of 4.36% during the forecast period. The increasing need for highly reliable system, higher power to weight ratio of hydraulics system, low cooling cost due to low amount of heat generated, and wide range of load handling capacity of hydraulic system are major factors expected to drive the growth of the aircraft hydraulic system market in the coming years.

Based on type, the aircraft hydraulic system market has been segmented into open center and closed center hydraulic system. The closed center hydraulic system segment of the market is expected to witness high growth during the forecast period. Pilots depend on hydraulic system to operate systems, such as wheel brakes, nose wheel steering, landing gear operation, flight control surfaces, cargo doors, and propeller pitch controls.

Based on component, the pumps segment is projected to witness highest growth during the forecast period. Pumps are a crucial component of the aircraft hydraulic system. These are expected to be increasingly used in new aircraft, due to the reduction in the overall weight of an aircraft that can be achieved by the use of pumps. Pumps provide high pressure of fluid even in very thin pipelines. This is one of the key factors expected to propel growth of the pumps segment.

North America is estimated to lead the aircraft hydraulic system market during the forecast period. The aircraft hydraulic system market in North America is driven by the presence of large number of Original Equipment Manufacturers (OEMs) and the presence of key market players, such as United Technologies Corporation (U.S.), Parker Hannifin Corporation (U.S.) and Woodward, Inc. (U.S.). The rest of the world is projected to be the fastest-growing market for aircraft hydraulic system. This high growth can be attributed to the presence of large OEMs, such as Embraer S.A. (Brazil) and Piaggio Aerospace (UAE) and technological upgrades from traditional hydraulic system to advanced systems in the region.

Aircraft Hydraulic System Market

Aircraft manufacturers as well as OEMs need high initial capital to employ skilled workforce and set up machinery, state-of-the-art technical equipment, and integration platforms. Furthermore, manufactured components need to be approved by various authorities before they are installed on board an aircraft. It is difficult to obtain approval for the replacement of conventional systems with enhanced hydraulic system. This may restrain the growth of the aircraft hydraulic system market in the coming years.

The aircraft hydraulic system market is a diversified and competitive market with a large number of players. Key players operational in the market include United Technologies Corporation (U.S.), Parker Hannifin Corporation (U.S.), Safran S.A. (France), Eaton Corporation PLC (Ireland), Liebherr-International AG (Switzerland), Woodward Inc. (U.S.), Triumph Group Inc. (U.S.), Moog Inc. (U.S.), and Arkwin Industries Inc. (U.S.). Market players focus on entering new markets by launching technologically-advanced and cost-effective products and acquiring new businesses.

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