Aerospace Valves Market Size, Share, Analysis, Trends, Growth Report, 2032

Aerospace Valves Market Insights

According to a report from Zion Market Research, the global Aerospace Valves Market was valued at USD 13.05 Billion in 2023 and is projected to hit USD 18.90 Billion by 2032, with a compound annual growth rate (CAGR) of 4.2% during the forecast period 2024-2032.

This report explores market strengths, weakness, opportunities, and threats. It also provides valuable insights into the market's growth drivers, challenges, and the future prospects that may emerge in the Aerospace Valves industry over the next decade.

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In the past few years, the number of commercial flights and passenger traffic has increased tremendously. Aerospace valves are non-repairable in nature and need replacement every 3 to 4 years. These valves are vital as they ensure enhanced aircraft performance. The demand and popularity of the aerospace valves market on a global scale can be attributed to the shorter replacement cycles related to aerospace valves and an increase in the number of aircraft orders.

Aerospace Valves Market: Overview

The aerospace valves market refers to the industry that produces and supplies specialized valves used in aircraft systems to regulate the flow of fluids and gases. These valves play a crucial role in various aircraft functions, including fuel management, hydraulic systems, environmental control systems (ECS), and cabin pressure regulation. Aerospace valves are designed to withstand extreme conditions such as high pressure, temperature variations, and intense vibration, ensuring optimal performance and safety during flight. The market is driven by the growing demand for commercial and military aircraft, the increasing need for fuel-efficient aircraft, and advancements in valve technologies. As aircraft manufacturers strive to enhance operational efficiency and reduce emissions, the aerospace valves market continues to expand with innovations in lightweight materials and automated control systems.

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Global Aerospace Valves Market: Growth Factors

The major growth driver in the global aerospace valves market is the rising number of aircraft orders. Shorter aerospace valves replacement cycles is another key factor likely to drive this market over the forecast time period.

Increasing demand for lightweight valves by most airlines and rising passenger traffic, the rise in aircraft deliveries are likely to fuel the expansion of the aerospace valves market across the world in the upcoming years. Aircrafts need maximum valves that utilize the ball and plug mechanism for ensuring fluid discharge in the system for continuous fluid-flowing operations. Thus, the ball and plug valves are anticipated to dominate the market for aerospace valves in the upcoming period. Alternatively, these valves need regular replacements.

However, the current backlogs related to aircraft deliveries, due to insufficient manufacturing capacities of renowned aircraft manufacturing companies, might limit the aerospace valves market on a global scale over the estimated time period.

Global Aerospace Valves Market: Segmentation

The global aerospace valves market is classified into valves, end-user, material, mechanism, and aviation.

By valves, this market includes aerospace water and waste system valves, aerospace lubrication systems valves, aerospace pneumatic system valves, aerospace ice and rain system valves, aerospace air conditioning system valves, aerospace hydraulic system valves, and aerospace fuel system valves.

Based on end-user, the market is bifurcated into original equipment manufacturer and aftermarket.

On the basis of material, the aerospace valves market is segmented into titanium, aluminium, corrosion resistant steel, and others.

The mechanism segment of this global market comprises ball and plug valves, flapper-nozzle valves, pilot valves, poppet valves, and others.

On the basis of Aviation is Business and general aviation, military aviation, and commercial aviation comprise the aviation segment of this market.

Aerospace Valves Market: Report Scope

Global Aerospace Valves Market: Regional Analysis

The global aerospace valves market is classified into Europe, North America, the Middle East and Africa, Latin America, and Asia Pacific. In 2017, the North American aerospace valves market dominated globally. This was due to the rise in the number of commercial aircraft orders and the increase in the demand for MRO services. The Asia Pacific region is likely to register the fastest rate of growth in the aerospace valves market over the estimated time period. This can be attributed to the growing passenger traffic and the rising number of flight hours. Growing disposable income of people in developing economies, such as China and India, contributes to the increased passenger traffic.

Global Aerospace Valves Market: Competitive Players

Some of the most important market players in the global aerospace valves market include

• Zodiac Aerospace
• Crane Aerospace
• Eaton
• Honeywell
• Moog
• Liebherr
• Parker Hannifin
• ITT Aerospace Controls
• Porvair
• Crissair
• Circor International
• Dynex/Rivett
• Meggitt
• Lakshmi Technology and Engineering
• Woodward
• Valcor Engineering
• United Technologies
• Triumph Group
• Sitec Aerospace
• Precision Fluid Controls
• Marotta Controls
• Ram Company
• Nutek Aerospace Corporation
• AeroControlex
• among others.

Global Aerospace Valves Market Segmentation

By Valves

• Aerospace water and waste system valves
• Aerospace lubrication systems valves
• Aerospace pneumatic system valves
• Aerospace ice and rain system valves
• Aerospace air conditioning system valves
• Aerospace hydraulic system valves
• Aerospace fuel system valves

By Material

• Titanium
• Aluminium
• Corrosion resistant steel
• Others

By Mechanism

• Ball and plug valves
• Flapper-nozzle valves
• Pilot valves
• Poppet valves
• Others

Based On End-User

• Original equipment manufacturer
• Aftermarket

Global Aerospace Valves Market: Regional Segment Analysis

• North America
  • The U.S.
  • Canada
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa