Dublin, Nov. 09, 2023 (GLOBE NEWSWIRE) -- The "Aircraft Pumps: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
The global market for Aircraft Pumps estimated at US$3.9 Billion in the year 2022, is projected to reach a revised size of US$5.9 Billion by 2030, growing at a CAGR of 5.4% over the analysis period 2022-2030.
Fuel Pumps, one of the segments analyzed in the report, is projected to record 5.7% CAGR and reach US$1.9 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Hydraulic Pumps segment is readjusted to a revised 5.8% CAGR for the next 8-year period.
The U.S. Market is Estimated at $1 Billion, While China is Forecast to Grow at 8.1% CAGR
The Aircraft Pumps market in the U.S. is estimated at US$1 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$1.3 Billion by the year 2030 trailing a CAGR of 8.1% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.8% and 4.8% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 3.1% CAGR.
Select Competitors (Total 16 Featured) -
- AeroControlex
- Cascon, Inc.
- Crane Aerospace & Electronics
- Crissair, Inc.
- Eaton Corporation
- Honeywell International, Inc.
- Itt Aerospace Controls
- Parker Hannifin Corporation
- Tempest Plus
- Triumph Group, Inc.
- Weldon Materials, Inc.
- Woodward, Inc.
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Aircraft Pumps: A Prelude
- Bright Prospects Ahead for Aircraft Pumps Market
- Prevailing Scenario in the World Aerospace Industry Points Towards Stellar Growth
- Ongoing Expansion in Commercial Airline Fleet Size Indicates High-Potential Opportunities
- Global Aircraft Fleet Size (in Units) by Aircraft Type for the Years 2019 & 2029
- Global Aircraft Fleet Size (in Units) by Geographic Region for the Years 2019 & 2039
- Growing Passenger & Cargo Traffic Instigates the Need for New Aircraft
- World Passenger Traffic (in RTK) and Cargo Traffic (in FTK) for Years 2016, 2017 and 2018
- Progressive Momentum in Business Jet Segment Amplifies Opportunities
- About 8,500 Private Jets to be Delivered over the 10-Year Period Starting from 2019: Annual Worldwide Private Jet Deliveries for Years 2018 through 2028
- Rising Demand for Military Aircraft Amid Mounting Geopolitical Risks and Increasing Global Military Spending Bodes Well
- Global Military Spending (in US$ Billion) for the Years 2013 through 2023
- Aircraft Pumps - Global Key Competitors Percentage Market Share in 2022 (E)
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
- Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
- Technology Advancements to Direct Market Expansion in the Coming Years
- Robust Progress on the Cards for Electric Motor Driven Aircraft Pumps
- Move Toward More Electric Aircraft (MEA) Creates Ample Opportunities
- Sophisticated Fuel Pumps Come to Fore to Enable Effective Fuel Transportation
- Engine Driven Fuel Pump: Important Element of Aircraft Fuel System
- Critical Importance of Hydraulics in Modern Aircraft: A Business Case for Hydraulic Pumps
- Engine Driven Pumps Augment Capabilities of Aircraft Hydraulics
- Rise of Advanced Lubrication Systems Seeks Modifications in Lubrication Pump Systems
- Gear and Gerotor: Two Important Pump Technologies for Turbine Lubrication
- Unconventional Water & Wastewater Management Requirements Seek Advanced Pumps in Aircraft
- 3D Printing Seeks Role in Design & Manufacture of Aircraft Pumps
- Ongoing Regulatory Emphasis on Reducing Aerospace CO2 Emissions to Give Edge to Lightweight Materials
- A Note on ICAO CORSIA Standard
- ICAO Seeks to Reduce Aircraft Energy Intensity from 12.1MJ/RTK in 2019 to 9.8MJ/RTK by 2030
- MRO Grows in Prominence by Dint of Stringent Maintenance Requirements of Modern Aircraft Pumps
- Evolving Hydraulic System Mechanism Expands MRO Options
- Critical Fuel System Maintenance Requirements Spur Fuel Pump MRO
- Fuel Pump Overhaul: Economical Alternative to New Purchase
- Healthy Trajectory in MRO Services Domain Boosts Prospects for Aircraft Pump MRO
- Current MRO Market Trends Across Various Geographic Regions: A Review
- World MRO Services Market (in US$ Billion) by Service Area for Years 2019 & 2029
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION
For more information about this report visit https://www.researchandmarkets.com/r/dxe0qf
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