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Aerospace & Defense Fluid Conveyance Systems Market - By Aircraft (Commercial Aircraft, Regional Jet, Business Jet, Helicopter, Military Aircraft), By Fluid, By Component, By Distribution Channel, By Application, Forecast 2023 – 2032


Published on: 2024-07-07 | No of Pages : 240 | Industry : Aerospace

Publisher : MRA | Format : PDF&Excel

Aerospace & Defense Fluid Conveyance Systems Market - By Aircraft (Commercial Aircraft, Regional Jet, Business Jet, Helicopter, Military Aircraft), By Fluid, By Component, By Distribution Channel, By Application, Forecast 2023 – 2032

Aerospace & Defense Fluid Conveyance Systems Market - By Aircraft (Commercial Aircraft, Regional Jet, Business Jet, Helicopter, Military Aircraft), By Fluid, By Component, By Distribution Channel, By Application, Forecast 2023 – 2032

Aerospace & Defense Fluid Conveyance Systems Market Size

Aerospace & Defense Fluid Conveyance Systems Market size was valued at USD 3.2 billion in 2022 and is anticipated to grow at a CAGR of over 9% between 2023 and 2032.

The market growth is attributed to the increasing production rates of commercial and regional aircraft. This is due to the growing demand for air travel, which has led to an increase in the number of flights and routes offered by airlines. The increased production of aircraft has led to a higher demand for fluid conveyance systems, which are essential components in aircraft. These systems are used to transport fluids, such as fuel, hydraulic fluids, and coolants, throughout the aircraft, and are critical for its safe & efficient operation.

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Aerospace & defense fluid conveyance systems are intricate networks of pipes, hoses, and connectors that transport fluids such as fuels, hydraulic fluids, and gases in aircraft, spacecraft, as well as military vehicles. They must be lightweight, reliable, and resistant to extreme conditions to ensure the safe & efficient operation of aerospace & defense platforms, with a strong emphasis on safety and regulatory compliance.

Aerospace & Defense Fluid Conveyance Systems Market Report Attributes
Report Attribute Details
Base Year 2022
Aerospace & Defense Fluid Conveyance Systems Market Size in 2022 USD 3.2 Billion
Forecast Period 2023 to 2032
Forecast Period 2023 to 2032 CAGR 9%
2032 Value Projection USD 7 Billion
Historical Data for 2018 to 2022
No. of Pages 200
Tables, Charts & Figures 377
Segments covered Aircraft, fluid, component, distribution channel, and application
Growth Drivers
  • Increasing production rates of commercial and regional aircraft
  • Growing demand for lightweight fluid conveyance systems
  • Surging investments in the defense sector
  • Growing consumer spending on air travel
Pitfalls & Challenges
  • Long Development Cycles
  • Safety and reliability concerns

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Safety & reliability concerns in aerospace & defense fluid conveyance systems are critical pitfalls due to the complex & extreme operating conditions that the systems function in. Any failure, whether in design, materials, or maintenance, can lead to catastrophic consequences, making it imperative to ensure these systems consistently perform without compromising safety.

COVID-19 Impact

The COVID-19 pandemic disrupted the aerospace & defense fluid conveyance systems market in several ways. Supply chain interruptions affected the availability of critical components, leading to production delays. Budgetary constraints stemming from diverted funds to pandemic-related efforts impacted R&D, potentially slowing down innovations. The shift in defense priorities toward resilience and remote operations influenced the requirements for fluid systems. Remote work hindered collaboration, testing, and maintenance activities. The economic downturn, especially in commercial aerospace, had repercussions on investments in defense-related fluid conveyance projects, potentially impacting the industry's overall growth & stability.

Aerospace & Defense Fluid Conveyance Systems Market Trends

Aerospace & defense fluid conveyance systems represent a transformative trend in smart fluid systems where traditional fluid transport components are integrated with advanced sensors, Internet of Things (IoT) technology, and data analytics. These systems enable real-time monitoring & management of fluid conditions such as temperature, pressure, flow rates, and fluid quality. The data collected is processed and analyzed to provide insights into the health & performance of the fluid conveyance system. A primary benefit of such systems is predictive maintenance. By continuously monitoring the system, maintenance teams can anticipate issues before they lead to failures, reducing downtime and increasing operational efficiency. Smart fluid systems enhance safety by quickly identifying & responding to anomalies or leaks, preventing potential accidents. Overall, this trend is driving increased reliability, efficiency, and cost-effectiveness in aerospace & defense fluid conveyance systems.

Aerospace & Defense Fluid Conveyance Systems Market Analysis

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Based on aircraft, the aerospace & defense fluid conveyance systems market is segmented into commercial aircraft, regional jet, business jet, helicopter, and military aircraft. The commercial aircraft segment was valued at over USD 2 billion in 2022 and is expected to grow at a lucrative pace till 2032. This segment includes all types of passenger & cargo aircraft used for commercial purposes. Fluid conveyance systems are the essential components of commercial aircraft, responsible for distributing & managing fluids or liquids in high- & low-temperature and pressure areas of the aircraft. These systems include low pressure ducting, high pressure ducting, hoses & tubes, and other components designed to convey fluids to valves, components, tools, and actuators. The segment growth in the market is driven by factors such as increasing production of commercial aircraft, rising aircraft fleet size, increasing demand for lightweight fluid conveyance systems and advancements in fluid conveyance technology to address the emerging requirements for the development of high-thrust turbofan engines.

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Based on fluid, the aerospace & defense fluid conveyance systems market is segmented into fuel, pneumatic, and hydraulic. The pneumatic segment is expected to grow at a CAGR of over 9% through 2032. Pneumatic systems are valued for their rapid response times, reliability, and suitability for mission-critical applications in aerospace & defense. They perform functions including landing gear operation, aircraft braking, cargo handling, and environmental control systems. As the aerospace & defense industry is evolving, with a growing emphasis on efficiency, safety & performance, pneumatic systems offer advantages such as simplicity, lightweight design, and the ability to withstand extreme conditions. Advancements in materials and technology are enhancing the capabilities of pneumatic systems, making them increasingly attractive for both military & civilian applications.

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North America held a significant aerospace & defense fluid conveyance systems market share of over 50% in 2022. The region represents a critical component of the region's aerospace and defense industries. North America has a robust and advanced aerospace & defense sector, making it a hub for innovations in the production of fluid conveyance systems. The U.S. and Canada, with leading aerospace & defense companies as well as numerous specialized manufacturers, are developing cutting-edge technologies for fluid conveyance systems. These systems are engineered to meet the stringent safety and reliability standards, given the aerospace & defense industry's high-stakes nature.

Aerospace & Defense Fluid Conveyance Systems Market Share

The aerospace & defense fluid conveyance systems market is highly competitive owing to the presence of key players such as

  • AIM Aerospace
  • Arrowhead Products Corporation
  • Eaton Corporation
  • Encore Group
  • Exotic Metals Forming LLC
  • Flexfab Horizons International
  • GKN plc
  • ITT Corporation
  • Meggitt PLC
  • Parker Hannifin Corporation
  • PFW Aerospace AG
  • Senior plc
  • Stelia Aerospace
  • Triumph Group Inc.
  • Unison Industries
  • United Flexible
  • Zodiac Aerospace

The industry participants are expected to expand their foothold in the commercial industry with the growing investments into facility centers & acquisitions. Significant investments in R&D to gain technological competitiveness and aggressive business strategies including technological launches, collaborations & long-term agreements with clients to capture the market share are positively impacting the market.

Aerospace & Defense Fluid Conveyance Systems Industry News

  • In June 2023, Honda Aircraft announced to launch a new small business jet that can carry up to 11 people, with the aim of having the plane on the market by 2028. The company plans to obtain certification for flight operations from the U.S. aviation authorities to commercialize the new jet, which is categorized as a "light jet" and will be bigger than its existing HondaJet. The primary focus of the plane is high fuel efficiency & capable of a nonstop transcontinental flight across the US.

The aerospace & defense fluid conveyance systems market research report includes in-depth coverage of the industry with estimates & forecast in terms of revenue (USD million) from 2018 to 2032 for the following segments

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By Aircraft

  • Commercial Aircraft
  • Regional Jet
  • Business Jet
  • Helicopter
  • Military Aircraft

By Fluid

  • Fuel
  • Pneumatic
  • Hydraulic   

By Component

  • Hoses
  • Couplings
  • Ducts
  • Seals

By Distribution Channel

  • OEM
  • Aftermarket

By Application

  • Engine 
  • Airframe

The above information is provided for the following regions and countries

  • North America
    • U.S.
    • Canada
  • Europe
    • UK
    • Germany
    • France
    • Italy
    • Russia
    • Spain
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Singapore
    • Australia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • MEA
    • South Africa
    • Saudi Arabia
    • UAE
    • Rest of MEA

 

 

Table of Content

Report Content

Chapter 1   Methodology & Scope

1.1    Market scope & definition

1.2    Base estimates & calculations

1.3    Forecast calculation

1.4    Data Sources

1.4.1    Primary

1.4.2    Secondary

1.4.2.1   Paid sources

1.4.2.2   Public sources

Chapter 2   Executive Summary

2.1    Aerospace & defense fluid conveyance systems market 360º synopsis, 2018 - 2032

2.2    Business trends

2.2.1    Total addressable market (TAM), 2023-2032

2.3    Regional trends

2.4    By aircraft trends

2.5    By fluid trends

2.6    By component trends

2.7    By application trends

2.8    By distribution channel trends

Chapter 3   Aerospace & Defense Fluid Conveyance Systems Market Industry Insights

3.1    Impact of COVID-19

3.2    Impact of the Russia-Ukraine war

3.3    Industry ecosystem analysis

3.4    Vendor matrix

3.5    Profit margin analysis

3.6    Technology & innovation landscape

3.7    Patent analysis

3.8    Key news and initiatives

3.8.1    Partnership/Collaboration

3.8.2    Merger/Acquisition

3.8.3    Investment

3.8.4    Product launch & innovation

3.9    Regulatory landscape

3.10    Impact forces

3.10.1    Growth drivers

3.10.1.1    Increasing production rates of commercial and regional aircraft

3.10.1.2    Increasing demand for lightweight fluid conveyance systems

3.10.1.3    Surging levels of investment in the defense sector

3.10.1.4    Growing consumer spending on air travel

3.10.2    Industry pitfalls & challenges

3.10.2.1    Cost reduction

3.10.2.2    Safety & reliability

3.11    Growth potential analysis

3.12    Porter’s analysis

3.13    PESTEL analysis

Chapter 4   Competitive Landscape, 2022

4.1    Introduction

4.2    Company market share, 2022

4.3    Competitive analysis of major market players, 2022

4.3.1    Company 1

4.3.2    Company2

4.3.3    Company3

4.3.4    Company4

4.3.5    Company 5

4.3.6    Company 6

4.3.7    Company 7

4.4    Competitive positioning matrix, 2022

4.5    Strategic outlook matrix, 2022

Chapter 5   Aerospace & Defense Fluid Conveyance Systems Market Estimates & Forecast, By Aircraft (Revenue)

5.1    Key trends, by aircraft

5.2    Commercial aircraft

5.3    Regional jet

5.4    Business jet

5.5    Helicopter

5.6    Military aircraft

Chapter 6   Aerospace & Defense Fluid Conveyance Systems Market Estimates & Forecast, By Fluid (Revenue)

6.1    Key trends, by fluid

6.2    Fuel

6.3    Pneumatic

6.4    Hydraulic

Chapter 7   Aerospace & Defense Fluid Conveyance Systems Market Estimates & Forecast, By Component (Revenue)

7.1    Key trends, by component

7.2    Hose

7.3    Couplings

7.4    Ducts

7.5    Seals

Chapter 8   Aerospace & Defense Fluid Conveyance Systems Market Estimates & Forecast, By Distribution channel (Revenue)

8.1    Key trends, by distribution channel

8.2    OEM

8.3    Aftermarket

Chapter 9   Aerospace & Defense Fluid Conveyance Systems Market Estimates & Forecast, By Application (Revenue)

9.1    Key trends, by application

9.2    Engine

9.3    Airframes

Chapter 10   Aerospace & Defense Fluid Conveyance Systems Market Estimates & Forecast, By Region (Revenue)

10.1    Key trends, by region

10.2    North America

10.2.1    U.S.

10.2.2    Canada

10.3    Europe

10.3.1    UK

10.3.2    France

10.3.3    Italy

10.3.4    Russia

10.3.5    Spain

10.3.6    Germany

10.3.7    Rest of Europe

10.4    Asia Pacific

10.4.1    China

10.4.2    India

10.4.3    Japan

10.4.4    South Korea

10.4.5    Singapore

10.4.6    Australia

10.4.7    Rest of Asia Pacific

10.5    Latin America

10.5.1    Brazil

10.5.2    Mexico

10.5.3    Rest of Latin America

10.6    MEA

10.6.1    South Africa

10.6.2    Saudi Arabia

10.6.3    UAE

10.6.4    Rest of MEA

Chapter 11   Company Profiles

11.1    AIM Aerospace

11.2    Arrowhead Products Corporation

11.3    Eaton Corporation

11.4    Encore Group

11.5    Exotic Metals Forming LLC

11.6    Flexfab Horizons International

11.7    GKN plc

11.8    ITT Corporation

11.9    Meggitt PLC

11.10    Parker Hannifin Corporation

11.11    PFW Aerospace AG

11.12    Senior plc

11.13    Stelia Aerospace

11.14    Triumph Group Inc.

11.15    Unison Industries

11.16    United Flexible

11.17    Zodiac Aerospace.

  • AIM Aerospace
  • Arrowhead Products Corporation
  • Eaton Corporation
  • Encore Group
  • Exotic Metals Forming LLC
  • Flexfab Horizons International
  • GKN plc
  • ITT Corporation
  • Meggitt PLC
  • Parker Hannifin Corporation
  • PFW Aerospace AG
  • Senior plc
  • Stelia Aerospace
  • Triumph Group Inc.
  • Unison Industries
  • United Flexible
  • Zodiac Aerospace

Table of Content

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Will be Available in the sample /Final Report. Please ask our sales Team.