Stratview Research has published a new report on the Aerospace Fluid Conveyance Systems Market, segmented by Platform Type (Commercial Aircraft, Regional Aircraft, General Aviation, Military Aircraft, Helicopter, UAV, and Spacecraft), by Product Type (Hose Assemblies, Duct Assemblies, and Tube Assemblies), by Material Type (Nickel-Chromium Alloys, Titanium & Alloys, Steel & Alloys, Composites, Teflon, and Others), by Application Type (Air Conveyance, Fuel Conveyance, Hydraulic Conveyance, and Others), and by Region. This report provides critical insights on the market dynamics and enables strategic decision making for the existing and new market players.

Market Highlights

The aerospace fluid conveyance systems market is likely to recoup from 2021 onwards, marking a healthy CAGR of 9.4 % during 2022-2027 to reach US$ 5.1 Billion by 2027.

Covid Impact

Covid-19 has impacted the market dynamics, competition, and global supply chain of every possible market one can think of. The revenues for many, have gone down in 2020 and may resume an uptrend gradually from 2021. Companies optimizing their operations and strategy will sustain and beat the competition.

Market Dynamics

Fluid conveyance systems are one of the most critical components in an aircraft in order to perform functions, such as ventilation, pressurization, fluid, water & fuel flow, humidity or containment control, anti-icing, noise attenuation, and controlling heating & cooling. Aircraft fluid conveyance system primarily includes hoses, tubes, and metallic and composite ducts (high-pressure and low-pressure ducts. 

Segmentation –

This report studies the Aerospace Fluid Conveyance Systems Market and has segmented the market in a few ways, keeping in mind the concentration of all the stakeholders across the value chain. Following are the ways in which the market has been segmented in the report:

Based on the product type, the aerospace fluid conveyance systems market is segmented into hose assemblies, duct assemblies, and tube assemblies. Duct assembly took the throne in 2021 with the highest share in the market. Ducts are situated throughout the aircraft, from the engine through the fuselage to the leading edges of the wings and the tail of the aircraft. Between low-pressure and high-pressure, high-pressure ducts dominate the aerospace industry.

Based on the material type, we have segmented the market as nickel-chromium alloys, titanium & alloys, steel & alloys, composites, Teflon, and others. Nickel-Chromium alloys held an irrefutable lead in the market in 2021. Nickel-Chromium alloys offer several advantages, such as high strength, excellent fabricability, outstanding corrosion resistance, and the ability to withstand at cryogenic to 1800°F (982°C). Composites are rapidly gaining traction in low-temperature and high-pressure applications, such as APU inlet, ECS inlet plenum, and APU plenum.

With the highest growth (YoY) in the demand for aerospace fluid conveyance systems in 2021, Asia-Pacific is expected to remain the fastest-growing market during the forecast period. On the other hand, North America is likely to take lead in the market, driven by the aerospace hub, the USA. The North American market is relatively more consolidated as compared to Europe, with the presence of global players, such as Exotic Metals (Parker-Hannifin), Arrowhead Products, Triumph Group, Unison Industries, and ITT Inc.

Following are the key players in the Aerospace Fluid Conveyance Systems Market:

  • Eaton Corporation Plc
  • Parker-Hannifin Corporation (Exotic Metals)
  • Hutchinson PFW Aerospace GmbH
  • Smith Group Plc
  • Senior Plc
  • Arrowhead Products

About Stratview Research-

Stratview Research is a global market intelligence firm having a strong team of industry veterans and research analysts. Stratview Research has been serving multiple clients across a wide array of industries. Our services cover a broad spectrum of industries including but not limited to Energy Chemicals, Advanced Materials, Automotive, and Aerospace. At Stratview, we believe in building long term relations with our clients.

Connect with our team here–
https://www.stratviewresearch.com/contact

Or

Call us @:  +1-313-307-4176