The report "Aerospace Valves Market by Aircraft Type, End Use (OEM, Aftermarket), Type, Application (Fuel System, Hydraulic System, Environment Control System, Pneumatic System, Lubrication System, Water and Wastewater System) Material, Region - Forecast to 2026" The aerospace valves market size is projected to grow from USD 11.4 billion in 2021 to USD 14.0 billion by 2026, at a CAGR of 4.1% from 2021 to 2026. The increase in demand for various aircraft types across regions and the need for advanced flow system is driving the demand for the aerospace valves market.
Browse 577 market data Tables and 48 Figures spread through 344 Pages and in-depth TOC on "Aerospace Valves Market by Aircraft Type, End Use (OEM, Aftermarket), Type, Application (Fuel System, Hydraulic System, Environment Control System, Pneumatic System, Lubrication System, Water and Wastewater System) Material, Region - Forecast to 2026"
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The butterfly valves segment is witnessing the highest CAGR during the forecast period.
Based on Type Segment, the butterfly valves segment is witnessing the highest CAGR growth for the aerospace valves market during the forecaste period. The butterfly valves are compact in size, and are extremely easy to use. These factors allow them to be used in various applications that include the fuel system and pnuematic system of aircraft.
The stainless-steel segment is expected to have highest market share during the forecast period.
Based on material, the stainless-steel segment is expected to have the highest market share in the aerosapce valves market during the forecast period. Stainless-steel is an easily availble, low cost, high heat resitant and good strength material. These factors allow them to be used in extreme enivronements were there is higher chance of corrosion and higher operating temperatures.
The North American market is witnessing the largest market share from 2021 to 2026.
The North American market is projected to have the largest market share across all regions of the aerospace valves market during the forecast period. North America has the largest presence of aerospace valves manufacture across all regions. The region is also witnessing a rise in newer aircraft demand. The increasing aircraft demand and the presence of aerospace valve manufacturers is driving the market demand in the region. The key players in the region are focusing on investing in RandD to produce technologically advanced system and components for the aerospace industry.
The aerospace valves market is led by major players like Eaton Corporation (Ireland), Safran, (France), Woodward, Inc. (US), Triumph Group (US), and Parker Hannifin Corporation (US). These players have a strong global presence and has an established customer base across various aircraft manufacturers and defense organizations.
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