Aerospace Valves Market

Market Leader - Aerospace Valves Market

The global 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 market is driven by various factors, such as increase in global aircraft fleet size, short replacement cycle of aerospace valves and growing demand for Unmanned Aerial Vehicles.

Eaton Corporation PLC (Ireland), Safran (France), Woodward, Inc. (US), Triumph Group (US), and Parker Hannifin Corporation (US) among others, are some of the leading players operating in the aerospace valves market. These players have adopted various organic and inorganic growth strategies to strengthen their position in the market. These include new product developments, contracts, partnerships, and agreements, and research & development (R&D) activities further to expand their presence in the aerospace valves market.

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Eaton Corporation PLC was ranked first in the aerospace valves market in 2020. The company is a leader in providing aerospace valves for fuel systems, hydraulic systems, pneumatic systems, and coolant systems. The company has a broad portfolio of valves that cater to applications not only in aerospace but also in oil & gas, healthcare, food & beverage, etc. Eaton’s valves deliver a competitive advantage in industries across the world. Its products are developed using cutting-edge technology and unmatched quality.

Safran was ranked second in the aerospace valves market in 2020. The company focuses on the design and development of aerospace valves for air-conditioning systems, avionics, cargo-holding, and galley cooling systems. Its valve offerings include air valves, butterfly valves, inboard & outboard valves, and others. Safran is a manufacturer of products for all civil and military aviation markets, offering a wide range of high-performance products.

Woodward, Inc. was ranked third in the aerospace valves market in 2020. It offers single stage and two stage jet pipe and nozzle flapper servo valves for aerospace applications. Woodward, Inc. specializes in developing and delivering motion control and integrated propulsion systems for the aerospace industry. It has the capability to offer reliable and cost-effective solutions for its original equipment and end user customers. It also caters to other industries such as oil & gas, power distribution, petrochemicals, and transportation.

Triumph Group was ranked fourth in the aerospace valves market in 2020 and is one of the major players in manufacturing and overhauling aerospace structures, systems, and components. More than half of the company’s revenue comes from commercial aircraft, and the rest comes from military jets, business jets, regional jets, and non-aviation markets. Triumph Group has the unique ability to provide services at all levels of the product lifecycle and aerospace supply chain. It has gained technical expertise that enables it to design, manufacture, and deliver a wide array of products and services.

Parker Hannifin Corporation was ranked fifth in the aerospace valves market in 2020. It offers superior valves for use in hydraulic, pneumatic, instrumentation, refrigeration, and aerospace applications. Its valve products are available in a variety of types and configurations, including globe valves, control valves, gate valves, and check valves, among others. Parker Hannifin has years of experience in offering aerospace flight control, hydraulic, thermal-management, pneumatic, and lubrication systems that benefit its customers by improving productivity.

Related Reports:

Aerospace Valves Market by Aircraft Type, End Use (OEM, Aftermarket), Type, Application (Fuel System, Hydraulic System, Environment Control System, Pneumatic System, Lubrication System, Water & Wastewater System) Material, Region - Forecast to 2026

Mr. Aashish Mehra
MarketsandMarkets™ INC.
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USA : 1-888-600-6441
[email protected]

Report Code
AS 6228
RI Published ON
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