The aircraft tube and duct assemblies market size has grown strongly in recent years. It will grow from $1.77 billion in 2023 to $1.92 billion in 2024 at a compound annual growth rate (CAGR) of 8.2%. During the historic period, growth was driven by the rising need for lightweight materials in aircraft manufacturing, increasing air passenger traffic leading to fleet expansion, higher defense budgets and military aircraft procurement, growing demand for business jets and private aircraft, and heightened focus on improving cabin comfort and reducing noise levels.
The aircraft tube and duct assemblies market size is expected to see strong growth in the next few years. It will grow to $2.64 billion in 2028 at a compound annual growth rate (CAGR) of 8.3%. In the forecast period, growth is expected to be fueled by increasing demand for air travel, expanding aircraft fleets, rising defense spending, greater emphasis on fuel efficiency, and the expansion of Maintenance, Repair, and Overhaul (MRO) services. Key trends anticipated include the adoption of lightweight materials, advancements in composite materials, deployment of advanced manufacturing technologies, integration of smart sensors and IoT-enabled systems, development of integrated duct and tube systems, and the incorporation of noise-reduction technologies.
The growth of the aircraft tube and duct assemblies market is anticipated to be driven by the expansion of aerospace manufacturing capabilities. This expansion is fueled by increasing demand for new aircraft, investments in research and development, and efforts to enhance production efficiency. Aircraft tube and duct assemblies play a crucial role in aerospace by facilitating the efficient and secure flow of air, fluids, and gases within aircraft structures, thereby ensuring optimal operational performance and safety. For instance, according to the International Trade Administration in November 2023, the UK's civil aerospace turnover in 2022 totaled around $34.5 billion, with the space industry turnover reaching approximately $22 billion in 2021, including $9.5 billion from exports. Therefore, the growth in aerospace manufacturing capabilities is a key driver of the aircraft tube and duct assembly market.
Leading companies in the aircraft tube and duct assemblies market are focusing on developing innovative products using advanced thermoplastic materials to enhance structural strength, reduce maintenance costs, and improve fuel efficiency in aerospace applications. Thermoplastic materials offer benefits such as high strength-to-weight ratios, corrosion resistance, ease of manufacturing, and excellent thermal and acoustic insulation, thereby improving overall efficiency and lowering maintenance expenses for aircraft tube and duct systems. For example, in July 2021, Northrop Grumman, a US-based aerospace and defense company, received Federal Aviation Administration (FAA) approval to use ESD PEKK, an advanced aerospace thermoplastic. ESD PEKK dissipates static, offers thermal stability and chemical resistance, and mitigates radiation damage. It incorporates discontinuous carbon fibers through additive manufacturing, ensuring effective static discharge in critical aerospace systems and enhancing the durability of aircraft tube and duct assemblies to meet rigorous aerospace standards.
In March 2024, AAR Corp., a US-based company specializing in aircraft maintenance services, acquired Triumph Group for an undisclosed sum. This acquisition is intended to strategically strengthen AAR Corp.'s capabilities in aircraft maintenance and broaden its market footprint, particularly in critical aircraft component servicing across commercial and defense sectors. Triumph Group, also based in the US, is known for manufacturing aerospace structures, systems, and components, including aircraft wings, tubes, and air distribution system ducting.
Major companies operating in the aircraft tube and duct assemblies market are Eaton Corporation plc, Safran S.A., Parker-Hannifin Corporation, AMETEK Inc., Leggett & Platt Incorporated, Smiths Group plc, Moog Inc., ITT Inc., Triumph Group Inc., Senior plc, Ducommun Incorporated, Unison Industries LLC, PFW Aerospace GmbH, Société Nationale de Construction Aérospatiale NV (SONACA NV), Flexaust Company Inc., STEICO Industries Inc., RSA Engineered Products LLC, Sigma Components Holdings Ltd, Woolf Aircraft Products Inc., Fiber Dynamics Inc., Mundo-Tech Inc., PMF Industries Inc., Flexco Inc., Amcraft Manufacturing Inc.
North America was the largest region in the aircraft tube and duct assemblies market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the aircraft tube and duct assemblies market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the aircraft tube and duct assemblies market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Aircraft tube and duct assemblies are essential components within aircraft systems, facilitating the flow of fluids and air necessary for the optimal operation of engines, landing gear, and environmental controls. They play a crucial role in enhancing safety, ensuring efficient fluid management, and maintaining compliance with aerospace standards, all while offering a lighter weight alternative to metal components.
The types of ducts found in aircraft tube and duct assemblies include rigid, semi-rigid, and flexible variants. Rigid assemblies are constructed from durable materials such as steel, nickel, titanium, aluminum, composites, and Inconel, designed to maintain their shape without easily bending or flexing. These assemblies serve a wide range of applications across aircraft systems, including engine bleeds, thermal anti-ice systems, pylon ducting (HVAC), fuselages, inlets and exhausts, environmental control systems (ECS), lavatories, and waste systems. Distribution channels for these products include original equipment manufacturers (OEMs) and aftermarket services, catering to both commercial and military aircraft sectors, among others.
The aircraft tube and duct assemblies market research report is one of a series of new reports that provides aircraft tube and duct assemblies market statistics, including the aircraft tube and duct assemblies industry global market size, regional shares, competitors with aircraft tube and duct assemblies market share, detailed aircraft tube and duct assemblies market segments, market trends, and opportunities, and any further data you may need to thrive in the aircraft tube and duct assemblies industry. These aircraft tube and duct assemblies market research reports deliver a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The aircraft tube and duct assemblies market consists of sales of transition ducts and high pressure ducts. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
The aircraft tube and duct assemblies market size is expected to see strong growth in the next few years. It will grow to $2.64 billion in 2028 at a compound annual growth rate (CAGR) of 8.3%. In the forecast period, growth is expected to be fueled by increasing demand for air travel, expanding aircraft fleets, rising defense spending, greater emphasis on fuel efficiency, and the expansion of Maintenance, Repair, and Overhaul (MRO) services. Key trends anticipated include the adoption of lightweight materials, advancements in composite materials, deployment of advanced manufacturing technologies, integration of smart sensors and IoT-enabled systems, development of integrated duct and tube systems, and the incorporation of noise-reduction technologies.
The growth of the aircraft tube and duct assemblies market is anticipated to be driven by the expansion of aerospace manufacturing capabilities. This expansion is fueled by increasing demand for new aircraft, investments in research and development, and efforts to enhance production efficiency. Aircraft tube and duct assemblies play a crucial role in aerospace by facilitating the efficient and secure flow of air, fluids, and gases within aircraft structures, thereby ensuring optimal operational performance and safety. For instance, according to the International Trade Administration in November 2023, the UK's civil aerospace turnover in 2022 totaled around $34.5 billion, with the space industry turnover reaching approximately $22 billion in 2021, including $9.5 billion from exports. Therefore, the growth in aerospace manufacturing capabilities is a key driver of the aircraft tube and duct assembly market.
Leading companies in the aircraft tube and duct assemblies market are focusing on developing innovative products using advanced thermoplastic materials to enhance structural strength, reduce maintenance costs, and improve fuel efficiency in aerospace applications. Thermoplastic materials offer benefits such as high strength-to-weight ratios, corrosion resistance, ease of manufacturing, and excellent thermal and acoustic insulation, thereby improving overall efficiency and lowering maintenance expenses for aircraft tube and duct systems. For example, in July 2021, Northrop Grumman, a US-based aerospace and defense company, received Federal Aviation Administration (FAA) approval to use ESD PEKK, an advanced aerospace thermoplastic. ESD PEKK dissipates static, offers thermal stability and chemical resistance, and mitigates radiation damage. It incorporates discontinuous carbon fibers through additive manufacturing, ensuring effective static discharge in critical aerospace systems and enhancing the durability of aircraft tube and duct assemblies to meet rigorous aerospace standards.
In March 2024, AAR Corp., a US-based company specializing in aircraft maintenance services, acquired Triumph Group for an undisclosed sum. This acquisition is intended to strategically strengthen AAR Corp.'s capabilities in aircraft maintenance and broaden its market footprint, particularly in critical aircraft component servicing across commercial and defense sectors. Triumph Group, also based in the US, is known for manufacturing aerospace structures, systems, and components, including aircraft wings, tubes, and air distribution system ducting.
Major companies operating in the aircraft tube and duct assemblies market are Eaton Corporation plc, Safran S.A., Parker-Hannifin Corporation, AMETEK Inc., Leggett & Platt Incorporated, Smiths Group plc, Moog Inc., ITT Inc., Triumph Group Inc., Senior plc, Ducommun Incorporated, Unison Industries LLC, PFW Aerospace GmbH, Société Nationale de Construction Aérospatiale NV (SONACA NV), Flexaust Company Inc., STEICO Industries Inc., RSA Engineered Products LLC, Sigma Components Holdings Ltd, Woolf Aircraft Products Inc., Fiber Dynamics Inc., Mundo-Tech Inc., PMF Industries Inc., Flexco Inc., Amcraft Manufacturing Inc.
North America was the largest region in the aircraft tube and duct assemblies market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the aircraft tube and duct assemblies market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the aircraft tube and duct assemblies market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Aircraft tube and duct assemblies are essential components within aircraft systems, facilitating the flow of fluids and air necessary for the optimal operation of engines, landing gear, and environmental controls. They play a crucial role in enhancing safety, ensuring efficient fluid management, and maintaining compliance with aerospace standards, all while offering a lighter weight alternative to metal components.
The types of ducts found in aircraft tube and duct assemblies include rigid, semi-rigid, and flexible variants. Rigid assemblies are constructed from durable materials such as steel, nickel, titanium, aluminum, composites, and Inconel, designed to maintain their shape without easily bending or flexing. These assemblies serve a wide range of applications across aircraft systems, including engine bleeds, thermal anti-ice systems, pylon ducting (HVAC), fuselages, inlets and exhausts, environmental control systems (ECS), lavatories, and waste systems. Distribution channels for these products include original equipment manufacturers (OEMs) and aftermarket services, catering to both commercial and military aircraft sectors, among others.
The aircraft tube and duct assemblies market research report is one of a series of new reports that provides aircraft tube and duct assemblies market statistics, including the aircraft tube and duct assemblies industry global market size, regional shares, competitors with aircraft tube and duct assemblies market share, detailed aircraft tube and duct assemblies market segments, market trends, and opportunities, and any further data you may need to thrive in the aircraft tube and duct assemblies industry. These aircraft tube and duct assemblies market research reports deliver a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The aircraft tube and duct assemblies market consists of sales of transition ducts and high pressure ducts. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Aircraft Tube and Duct Assemblies Market Characteristics3. Aircraft Tube and Duct Assemblies Market Trends and Strategies32. Global Aircraft Tube and Duct Assemblies Market Competitive Benchmarking33. Global Aircraft Tube and Duct Assemblies Market Competitive Dashboard34. Key Mergers and Acquisitions in the Aircraft Tube and Duct Assemblies Market
4. Aircraft Tube and Duct Assemblies Market - Macro Economic Scenario
5. Global Aircraft Tube and Duct Assemblies Market Size and Growth
6. Aircraft Tube and Duct Assemblies Market Segmentation
7. Aircraft Tube and Duct Assemblies Market Regional and Country Analysis
8. Asia-Pacific Aircraft Tube and Duct Assemblies Market
9. China Aircraft Tube and Duct Assemblies Market
10. India Aircraft Tube and Duct Assemblies Market
11. Japan Aircraft Tube and Duct Assemblies Market
12. Australia Aircraft Tube and Duct Assemblies Market
13. Indonesia Aircraft Tube and Duct Assemblies Market
14. South Korea Aircraft Tube and Duct Assemblies Market
15. Western Europe Aircraft Tube and Duct Assemblies Market
16. UK Aircraft Tube and Duct Assemblies Market
17. Germany Aircraft Tube and Duct Assemblies Market
18. France Aircraft Tube and Duct Assemblies Market
19. Italy Aircraft Tube and Duct Assemblies Market
20. Spain Aircraft Tube and Duct Assemblies Market
21. Eastern Europe Aircraft Tube and Duct Assemblies Market
22. Russia Aircraft Tube and Duct Assemblies Market
23. North America Aircraft Tube and Duct Assemblies Market
24. USA Aircraft Tube and Duct Assemblies Market
25. Canada Aircraft Tube and Duct Assemblies Market
26. South America Aircraft Tube and Duct Assemblies Market
27. Brazil Aircraft Tube and Duct Assemblies Market
28. Middle East Aircraft Tube and Duct Assemblies Market
29. Africa Aircraft Tube and Duct Assemblies Market
30. Aircraft Tube and Duct Assemblies Market Competitive Landscape and Company Profiles
31. Aircraft Tube and Duct Assemblies Market Other Major and Innovative Companies
35. Aircraft Tube and Duct Assemblies Market Future Outlook and Potential Analysis
36. Appendix
Executive Summary
Aircraft Tube And Duct Assemblies Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on aircraft tube and duct assemblies market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Reasons to Purchase:
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- Measure the impact of high global inflation on market growth.
- Create regional and country strategies on the basis of local data and analysis.
- Identify growth segments for investment.
- Outperform competitors using forecast data and the drivers and trends shaping the market.
- Understand customers based on the latest market shares.
- Benchmark performance against key competitors.
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- Report will be updated with the latest data and delivered to you along with an Excel data sheet for easy data extraction and analysis.
- All data from the report will also be delivered in an excel dashboard format.
Description
Where is the largest and fastest growing market for aircraft tube and duct assemblies ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The aircraft tube and duct assemblies market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
- The impact of higher inflation in many countries and the resulting spike in interest rates.
- The continued but declining impact of COVID-19 on supply chains and consumption patterns.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
1) By Duct Type: Rigid; Semi Rigid; Flexible2) By Material: Steel; Nickel; Titanium; Aluminum; Composite; Inconel
3) By Application: Engine Bleeds; Thermal Anti-Ice; Pylon Ducting (HVAC) Enamel; Fuselages; Inlets And Exhausts; Environment Control Systems (ECS); Lavatories; Waste Systems
4) By Sales Channel: Original equipment manufacturers (OEMs); Aftermarket
5) By End User: Commercial Aircrafts; Military Aircrafts; Other End Users
Key Companies Mentioned: Eaton Corporation plc; Safran S.A.; Parker-Hannifin Corporation; AMETEK Inc.; Leggett & Platt Incorporated
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: PDF, Word and Excel Data Dashboard.
Methodology
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Table Information
Report Attribute | Details |
---|---|
No. of Pages | 175 |
Published | September 2024 |
Forecast Period | 2024 - 2028 |
Estimated Market Value ( USD | $ 1.92 Billion |
Forecasted Market Value ( USD | $ 2.64 Billion |
Compound Annual Growth Rate | 8.3% |
Regions Covered | Global |