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The objective of the Aircraft Valves Market report is to offer updated information such as the market share, size, trends, emerging markets, earnings, forecasts, and data on leading industry players. This study includes significant and vital information necessary for strategic decision making and have a competitive edge.
In view with the current pandemic analysts at Stratview Research has thoroughly analyzed and presented the following parameters under the detailed Covid – 19 impact analysis in the Aircraft Valves Market.
Market Insights – The Aircraft Valves Market is projected to grow from USD 6.36 billion in 2022 to USD 8.69 billion by 2028 at a CAGR of over 5.3% during the forecast period.
Few key players operating in the Aircraft Valves Market are-
Honeywell International Inc.,
Parker Hannifin Corporation,
Eaton Corporation Plc,
Woodward, Inc.,
Zodiac Aerospace,
Triumph Group, Inc.,
Crissair, Inc.,
ITT Aerospace Controls,
The Liebherr Group,
United Technologies Corporation,
Meggitt PLC,
Circor International, Inc.,
Crane Aerospace & Electronics.
Growth drivers and Market Value:
This report, from Stratview Research, studies the Aircraft Valves Market value and growth drivers over the trend period of 2022-27. According to the report -
Aircraft Valves Market is likely to witness an impressive CAGR of 5.8% during the forecast period. The unprecedented growth in aircraft orders from airlines, driven by surging air passenger traffic is the prime factor bolstering the global aircraft valves market. Boeing estimated, there would be total deliveries of 40,410 commercial aircraft worth US$ 6.24 trillion in the global marketplace during 2018-2037. Asia-Pacific and Europe would be the biggest demand generators with a combined share of 64.7% of the total commercial aircraft deliveries during the same period. An anticipated healthy CAGR of 4.7% in air passenger traffic during 2018-2037 will chiefly drive the demand for valves in the commercial aircraft industry.
Segment Analysis:
Based on Aircraft Type:
On the basis of aircraft type, the market is segmented as commercial aircraft, general aviation, and military aircraft. Commercial aircraft comprises narrow-body aircraft, wide-body aircraft, very large body aircraft, and regional aircraft. General aviation houses business jets, piston aircraft, and business helicopters, whereas military aircraft includes fighter and transporter aircraft, and military helicopters. Commercial aircraft is estimated to remain the growth engine of the market over the next five years and is also likely to register the highest growth during the same period.
Based on Region:
In terms of regions, North America is estimated to remain the largest market for aircraft valves in the coming five years. The market is driven by the regional presence of many large-to small-sized aircraft manufacturers, tier players, aircraft valve manufacturers, distributors, and raw material suppliers. North America is the manufacturing capital of the aircraft industry. The region is the early innovator and introduces the latest technologies addressing the existing as well as future requirements, then these technologies are gradually transmitted to other parts of the world like China and India.
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Critical Questions Answered in the Report
l What are the key trends in the global Aircraft Valves Market?
l How the Aircraft Valves Market (and its various sub-segments) has grown in the last five years?
l What would be the growth driver and growth rate in next five years?
l What is the impact of COVID-19 on the Aircraft Valves Market?
l What are the key strategies adopted by the major vendors to lead in the Aircraft Valves Market?
l What is the market share of the key players?
Target Audience
The following is a list of the customers that the Aircraft Valves Market aims to convert the most:
l Manufacturing Organizations
l Distributors & Suppliers
l Potential Investors
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