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Aerospace Valves - Global Strategic Business Report

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    Report

  • 567 Pages
  • November 2024
  • Region: Global
  • Global Industry Analysts, Inc
  • ID: 4804495
The global market for Aerospace Valves is estimated at US$11.2 Billion in 2023 and is projected to reach US$16.0 Billion by 2030, growing at a CAGR of 5.1% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.

The growth in the aerospace valves market is driven by several factors. The increasing production and modernization of commercial and military aircraft are major drivers, as these valves are essential components in various aircraft systems. Technological advancements in materials and manufacturing processes are enhancing the performance and reliability of aerospace valves, making them more suitable for advanced aerospace applications. The rising focus on fuel efficiency and emissions reduction in the aviation industry is also driving demand for high-performance valves that can contribute to these goals.

Additionally, the expansion of the global aerospace industry, particularly in emerging markets, is boosting the demand for aerospace valves. The growing use of unmanned aerial vehicles (UAVs) and the development of next-generation aircraft are further contributing to market growth, as they require sophisticated valve technologies to meet their specific operational needs.

Key Insights:

  • Market Growth: Understand the significant growth trajectory of the Steel Valves segment, which is expected to reach US$6.6 Billion by 2030 with a CAGR of a 6.0%. The Titanium Valves segment is also set to grow at 5.0% CAGR over the analysis period.
  • Regional Analysis: Gain insights into the U.S. market, estimated at $3.9 Billion in 2023, and China, forecasted to grow at an impressive 7.2% CAGR to reach $1.6 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.

Why You Should Buy This Report:

  • Detailed Market Analysis: Access a thorough analysis of the Global Aerospace Valves Market, covering all major geographic regions and market segments.
  • Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
  • Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Aerospace Valves Market.
  • Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.

Key Questions Answered:

  • How is the Global Aerospace Valves Market expected to evolve by 2030?
  • What are the main drivers and restraints affecting the market?
  • Which market segments will grow the most over the forecast period?
  • How will market shares for different regions and segments change by 2030?
  • Who are the leading players in the market, and what are their prospects?

Report Features:

  • Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
  • In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
  • Company Profiles: Coverage of major players such as Eaton Corporation PLC, Collins Aerospace, Crane Aerospace & Electronics, and more.
  • Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.

Select Competitors (Total 100 Featured):

  • Eaton Corporation PLC
  • Collins Aerospace
  • Crane Aerospace & Electronics
  • Circor International, Inc.
  • Aero Fluid Products
  • Circor Aerospace, Inc.
  • Crissair, Inc.
  • Curtiss-Wright Valve Group
  • Aero Space Controls Corporation
  • AeroControlex Group
  • Beswick Engineering Co., Inc.
  • Emerson Electric Co.
  • G.W. LISK Company, Inc.
  • Cla-Val
  • Committee for Aviation and Space Industry Development (CASID)

Table of Contents

I. METHODOLOGYII. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
  • Impact of COVID-19 Pandemic and Looming Global Recession; Living with COVID-19, the New Normal
  • Stagflation and Risk of Recession: New Challenges Emerge for the Global Market
  • World Economic Growth Projections (Real GDP, Annual % Change) for the Years 2021, 2022, 2023 and 2024
  • Pandemic Dents Prospects in the Aviation Industry
  • COVID-19 Pandemic Dents Airline Revenues: Commercial Airline Revenue Growth (in %) for 2010-2020
  • Global Airlines Performance by Region: 2020 Vs 2019
  • Drop in Aviation Sector Impacts Demand for Aerospace Valves
  • Staged Recovery over Long-Term
  • Competitive Scenario: Established Vendors in Aerospace Valves Market Facing Fierce Competition from Local Players
  • Aerospace Valves - Global Key Competitors Percentage Market Share in 2024 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2024 (E)
  • Global Aerospace Valves Market Appears Poised to Soar to New Heights: Global Market Prospects & Outlook
  • COVID-19 Pandemic Clips Wings of Global Aerospace Valves Market
  • Interesting Dynamics Means Brisk Business for Global Aerospace Valves Market
  • Rising Demand for New Aircraft
  • Expansion of Commercial Aircraft Industry
  • Frequent Replacement of Aircraft Valves
  • Additive Manufacturing as Big Trend
  • Volatile Prices of Raw Materials & Limited Innovation
  • Opportunity: IoT-Powered Valves
  • Analysis by Material
  • World Aerospace Valves Market by Material (2024 & 2030): Percentage Breakdown of Sales for Steel, Titanium, Aluminum, and Other Materials
  • Analysis by Valve Type
  • World Aerospace Valves Market by Type (2024 & 2030): Percentage Breakdown of Sales for Check Valves, Pressure Control Valves, Ball Valves, Butterfly Valves, Relief Valves, Solenoid Valves, and Other Valves
  • Analysis by Aircraft Type
  • World Aerospace Valves Market by Aircraft Type (2024 & 2030): Percentage Breakdown of Sales for Fixed Wing, and Other Aircraft Types
  • Analysis by End-Use
  • Aerospace Valves Market by End-Use by Global, North America, and Europe (2024E): Percentage Breakdown of Sales for Aftermarket, and OEM
  • Regional Analysis: Developed Regions, Primary Revenue Contributors
  • Developing Markets to Register Improved Growth
  • North America Sweeps Aerospace Valves Market with Majority Stake
  • World Aerospace Valves Market: Percentage Breakdown of Revenues for Developed and Developing Regions for the Years 2024 & 2030
  • World Aerospace Valves Market - Geographic Regions Ranked by CAGR (Sales) for 2023-2030: China, Asia-Pacific, Latin America, Middle East, Africa, Canada, USA, Europe, and Japan
  • Aerospace Valves: An Introductory Prelude
  • Types of Aerospace Valves
  • Recent Market Activity
  • Select Global Brands
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
  • Pandemic Impact on the Aerospace Industry and the New Normal
  • Global Airline Industry Market Reset & Trajectory - Market Size Outlook (In US$ Billion) For Years 2018 Through 2024E
  • Post Pandemic, Growing Commercial Aviation Sector to Guide Growth Opportunities
  • Global Commercial Airline Revenues (in US$ Billion) for the Years 2010. 2015, 2020, and 2025
  • Aircraft Replacement Demand Supports Growth
  • Aircraft MRO Services: Huge Opportunity to Drive Long-Term Growth
  • Global MRO Spending (In US$ Billion) by Segment for the Years 2020 & 2027
  • Spurt in Air Passenger Traffic and Need for Modern Aircraft Presents Growth Opportunities
  • Global Aircraft Deliveries by Region: 2021-2040
  • Global Commercial Aircraft Fleet Projections: Breakdown of Fleet (in Units) by Region for 2019 and 2040
  • Spending Patterns in the Defense Sector to Strengthen Growth Prospects
  • Defense Expenditure Worldwide in US$ Billion for the Years 2011 through 2023
  • Leading Countries Ranked by Defense Budgets in US$ Billion for 2023
  • As the World Steps Up Military Spending in the Wake of the Russia Ukraine War, Military Grade Aerospace Valves are Poised to Benefit from the Unfortunate State of Global Geo-Political Affairs
  • Germany’s Historic Military Investments in 2022 Exemplifies the Prevailing Global Sentiment that the World is a Dangerous Place Where the Threat of Authoritarian States Can be Resisted Only With Big-Ticket Military Capabilities: Military Spending by Top Countries in 2023(E) (In US$ Billion)
  • Rising Demand for Fixed Wing Fighter Aircraft: A Favorable Scenario for Aerospace Valves Market
  • Zero-Leak Valves for Cutting Emission and Green Energy
  • Solenoid Valve Finds Usage in Controlling Tank Pressure for Critical Applications
  • Additive Manufacturing and 3D Printing Enter the Fasteners Ecosystem
  • Titanium Evolves as an Important Valve Material
  • Aluminum Loosing Sheen as Widely Used Valve Material for Aircrafts
  • Advanced Designs for Niche Application Areas of Brake Systems
  • Intake and Exhaust Valves Critical for Engine Performance Improvement
  • Valves for Engine Lubrication Systems
  • Valves in Aircraft Hydraulic Systems Help Maintain Pressure
  • Sophisticated Valves Maintain Fuel System Integrity
  • Performance is Critical for Spacecraft Valves
  • Advanced Technology Offerings for Terrestrial Valves
  • Issues & Challenges
  • Long-Term Supply Contracts Narrow Operating Margins for Ti Suppliers
  • Common Pain Points Experienced by Aerospace Manufacturers
  • Need to Improve Valve Efficiency
4. GLOBAL MARKET PERSPECTIVE
  • TABLE 1: World Aerospace Valves Market Analysis of Annual Sales in US$ Thousand for Years 2014 through 2030
  • TABLE 2: World Recent Past, Current & Future Analysis for Aerospace Valves by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • TABLE 3: World Historic Review for Aerospace Valves by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • TABLE 4: World 16-Year Perspective for Aerospace Valves by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets for Years 2014, 2024 & 2030
  • TABLE 5: World Recent Past, Current & Future Analysis for Steel by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • TABLE 6: World Historic Review for Steel by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • TABLE 7: World 16-Year Perspective for Steel by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • TABLE 8: World Recent Past, Current & Future Analysis for Titanium by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • TABLE 9: World Historic Review for Titanium by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • TABLE 10: World 16-Year Perspective for Titanium by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • TABLE 11: World Recent Past, Current & Future Analysis for Aluminum by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • TABLE 12: World Historic Review for Aluminum by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • TABLE 13: World 16-Year Perspective for Aluminum by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • TABLE 14: World Recent Past, Current & Future Analysis for Other Materials by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • TABLE 15: World Historic Review for Other Materials by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • TABLE 16: World 16-Year Perspective for Other Materials by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • TABLE 17: World Recent Past, Current & Future Analysis for Check Valves by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • TABLE 18: World Historic Review for Check Valves by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • TABLE 19: World 16-Year Perspective for Check Valves by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • TABLE 20: World Recent Past, Current & Future Analysis for Pressure Control Valves by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • TABLE 21: World Historic Review for Pressure Control Valves by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • TABLE 22: World 16-Year Perspective for Pressure Control Valves by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • TABLE 23: World Recent Past, Current & Future Analysis for Ball Valves by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • TABLE 24: World Historic Review for Ball Valves by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • TABLE 25: World 16-Year Perspective for Ball Valves by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • TABLE 26: World Recent Past, Current & Future Analysis for Butterfly Valves by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • TABLE 27: World Historic Review for Butterfly Valves by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • TABLE 28: World 16-Year Perspective for Butterfly Valves by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • TABLE 29: World Recent Past, Current & Future Analysis for Relief Valves by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • TABLE 30: World Historic Review for Relief Valves by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • TABLE 31: World 16-Year Perspective for Relief Valves by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • TABLE 32: World Recent Past, Current & Future Analysis for Solenoid Valves by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • TABLE 33: World Historic Review for Solenoid Valves by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • TABLE 34: World 16-Year Perspective for Solenoid Valves by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • TABLE 35: World Recent Past, Current & Future Analysis for Other Valves by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • TABLE 36: World Historic Review for Other Valves by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • TABLE 37: World 16-Year Perspective for Other Valves by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • TABLE 38: World Recent Past, Current & Future Analysis for Fixed Wing by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • TABLE 39: World Historic Review for Fixed Wing by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • TABLE 40: World 16-Year Perspective for Fixed Wing by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • TABLE 41: World Recent Past, Current & Future Analysis for Other Aircraft Types by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • TABLE 42: World Historic Review for Other Aircraft Types by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • TABLE 43: World 16-Year Perspective for Other Aircraft Types by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
III. MARKET ANALYSIS
UNITED STATES
  • Aerospace Valves Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2024 (E)
CANADAJAPANCHINA
EUROPE
  • Aerospace Valves Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2024 (E)
FRANCEGERMANYITALYUNITED KINGDOMSPAINRUSSIAREST OF EUROPEASIA-PACIFIC
AUSTRALIA
  • Aerospace Valves Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Australia for 2024 (E)
INDIASOUTH KOREAREST OF ASIA-PACIFICLATIN AMERICAARGENTINABRAZILMEXICOREST OF LATIN AMERICAMIDDLE EASTAFRICAIV. COMPETITION

Companies Mentioned

  • Eaton Corporation PLC
  • Collins Aerospace
  • Crane Aerospace & Electronics
  • Circor International, Inc.
  • Aero Fluid Products
  • Circor Aerospace, Inc.
  • Crissair, Inc.
  • Curtiss-Wright Valve Group
  • Aero Space Controls Corporation
  • AeroControlex Group
  • Beswick Engineering Co., Inc.
  • Emerson Electric Co.
  • G.W. LISK Company, Inc.
  • Cla-Val
  • Committee for Aviation and Space Industry Development (CASID)

Table Information