Press release
The Aircraft Pumps Market Is Expected To Reach Nearly Us$ 6 Bn By 2032
As per Fact.MR's report, from 2017 to 2021, the global sales of aircraft pumps surpassed US$ 3.73 Bn by the end of 2021. Increase in number of flights especially in Asia Pacific and Europe along with technological advancement is leveraging the demand for aircraft pumps. Furthermore, aircraft companies are keen to adapt electrically driven pumps in the assessment period.
Sales were adversely impacted during the height of the COVID-19 pandemic, as the frequency of domestic and international air travel plummeted drastically. The International Civil Aviation Organization (ICAO) registered a decline of almost 60% in terms of passenger air traffic in 2020 compared to 2019. Eventually, as restrictions began to be lifted in the wake of reducing infections, prospects began to be restored throughout 2021.
𝐂𝐥𝐢𝐜𝐤 𝐇𝐞𝐫𝐞 𝐓𝐨 𝐠𝐞𝐭 𝐚 𝐒𝐚𝐦𝐩𝐥𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 (𝐈𝐧𝐜𝐥𝐮𝐝𝐢𝐧𝐠 𝐅𝐮𝐥𝐥 𝐓𝐎𝐂, 𝐓𝐚𝐛𝐥𝐞 & 𝐅𝐢𝐠𝐮𝐫𝐞𝐬):https://www.factmr.com/connectus/sample?flag=S&rep_id=2908
𝐄𝐥𝐞𝐜𝐭𝐫𝐢𝐟𝐢𝐜𝐚𝐭𝐢𝐨𝐧 𝐨𝐟 𝐀𝐢𝐫𝐜𝐫𝐚𝐟𝐭 𝐏𝐫𝐨𝐩𝐮𝐥𝐬𝐢𝐨𝐧 𝐭𝐨 𝐂𝐨𝐧𝐟𝐢𝐧𝐞 𝐀𝐝𝐨𝐩𝐭𝐢𝐨𝐧 𝐨𝐟 𝐂𝐨𝐧𝐯𝐞𝐧𝐭𝐢𝐨𝐧𝐚𝐥 𝐀𝐢𝐫𝐜𝐫𝐚𝐟𝐭 𝐏𝐮𝐦𝐩𝐬?
The aviation sector is showing an increased interest in using electricity as a power source for airplanes, owing to their cost- and energy-related benefits over gasoline. The trend of electrification is gaining momentum in the aviation industry, as leading players show a marked preference for electric motors, thereby constraining the adoption of conventional aircraft pumps.
Fuel cell-based and battery-operated systems are undergoing continuous advancements, in line with the focus of industry players on the developments that ebb the power consumption below 100kw. Thus, the shift of aircraft manufacturers toward battery-operated systems, in line with advancements in lithium-ion technology will emerge as a key concern for conventional aircraft pump manufacturers.
𝐊𝐞𝐲 𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐬 𝐂𝐨𝐯𝐞𝐫𝐞𝐝
By Type :
• Hydraulic Pumps
• Fuel Pumps
• Lubrication Pumps
• Water & Waste
• System Pumps
• Air Conditioning and Colling Pumps
• Jet Pumps
By Technology :
• Engine Driven
• Electric Motor Driven
• Ram Air Turbine Driven
• Air Driven
By Pressure :
• 10 psi to 500 psi
• 500 psi to 1000 psi
• 3000 psi to 5000 psi
• 5000 psi to 6500 psi
By Aircraft Type :
• Narrow Body Aircraft
• Wide Body Aircraft
• Regional Jet
• Turboprop
By End User :
• OEM
• Aftermarket
𝐑𝐞𝐝𝐮𝐜𝐭𝐢𝐨𝐧 𝐢𝐧 𝐄𝐦𝐢𝐬𝐬𝐢𝐨𝐧𝐬 𝐈𝐧𝐝𝐮𝐜𝐢𝐧𝐠 𝐀𝐝𝐨𝐩𝐭𝐢𝐨𝐧 𝐨𝐟 𝐄𝐥𝐞𝐜𝐭𝐫𝐢𝐜 𝐌𝐨𝐭𝐨𝐫 𝐃𝐫𝐢𝐯𝐞𝐧 𝐀𝐢𝐫𝐜𝐫𝐚𝐟𝐭 𝐏𝐮𝐦𝐩𝐬?
More Electric Aircrafts (MEA) are now being widely recognized as the future of the aerospace industry, to meet increasing power demand, improving fuel economy, and reducing emissions. Moreover, aircraft manufacturers are taking significant efforts to convert hydraulic and pneumatic components in airplanes to electric.
With the advent of more electric aircraft designs, defense aircraft integrators and users continue to focus on reduced operational cost combined with easy maintenance checks, which has further complemented the replacement of mechanical and hydraulic systems with electrical variants. As per Fact.MR, electric motor driven pumps are expected to accumulate more than 40% revenue.
𝐆𝐞𝐭 𝐂𝐮𝐬𝐭𝐨𝐦𝐢𝐳𝐚𝐭𝐢𝐨𝐧 𝐨𝐧 𝐭𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭 𝐟𝐨𝐫 𝐒𝐩𝐞𝐜𝐢𝐟𝐢𝐜 𝐂𝐨𝐮𝐧𝐭𝐫𝐲 -
https://www.factmr.com/connectus/sample?flag=RC&rep_id=2908
𝐀𝐧𝐭𝐢-𝐂𝐨𝐫𝐫𝐨𝐬𝐢𝐨𝐧 𝐏𝐫𝐨𝐩𝐞𝐫𝐭𝐢𝐞𝐬 𝐏𝐫𝐨𝐩𝐞𝐥𝐥𝐢𝐧𝐠 𝐃𝐞𝐦𝐚𝐧𝐝 𝐟𝐨𝐫 𝐉𝐞𝐭 𝐏𝐮𝐦𝐩𝐬?
Jet pumps continue to witness significant adoption in aircraft fuel systems, owing to their greater reliability, and absence of moving parts, which further deprives the probability of failure. In addition, jet pumps have no moving parts that do not wear. Moreover, jet pumps require low maintenance costs.
Furthermore, jet pumps have the ability to run for longer periods of time as they can adjust power fluid injection rates. Thus, jet pumps are expected to hold more than 35% market share for aircraft pumps in the sales indicator period.
𝐂𝐨𝐦𝐩𝐞𝐭𝐢𝐭𝐢𝐯𝐞 𝐋𝐚𝐧𝐝𝐬𝐜𝐚𝐩𝐞
Established players continue to consolidate their position in the aircraft pumps market, accounting for approximately 2/5th of the market share. Technologically advanced and customized product designs, along with the development of highly efficient and lightweight aircraft pumps are key focus areas of these players, with an aim to remain compliant with regulations on emissions.
• In March 2021, Triumph Group and Air France Industries KLM Engineering & Maintenance (AFI KLM E&M) signed a definitive agreement for establishing a joint venture to overhaul nacelles for the next-generation aircraft manufacturing and repair facility of the former at Arkansas
• Likewise, in June 2021, Eaton announced the completion of its acquisition of Cobham Mission Systems- a leading manufacturer of air-to-air refuelling systems, environmental systems and actuation, primarily for defense markets
𝐊𝐞𝐲 𝐜𝐨𝐦𝐩𝐚𝐧𝐢𝐞𝐬 𝐏𝐫𝐨𝐟𝐢𝐥𝐞𝐝:
• Honeywell International Plc.
• Parker Hannifin Corp.
• Eaton Corporation Plc.
• Crane Aerospace & Electronics
• Triumph Group Inc.
• Woodward Inc.
• Cascon Inc.
• Weldon Pump LLC
• Crissair Inc.
𝐆𝐞𝐭 𝐅𝐮𝐥𝐥 𝐀𝐜𝐜𝐞𝐬𝐬 𝐨𝐟 𝐭𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭 𝐭𝐡𝐫𝐨𝐮𝐠𝐡 𝐨𝐮𝐫 𝐏𝐚𝐲𝐏𝐚𝐥 𝐏𝐚𝐲𝐦𝐞𝐧𝐭 𝐎𝐩𝐭𝐢𝐨𝐧https://www.factmr.com/checkout/2908
𝐑𝐞𝐩𝐨𝐫𝐭 𝐒𝐮𝐦𝐦𝐚𝐫𝐲
The study offers comprehensive analysis on diverse features, including production capacities, demand, product developments, revenue generation, and sales of aircraft pumps across the globe.
A comprehensive estimate on the market has been provided through an optimistic as well as a conservative scenario, taking into account the sales of aircraft pumps during the forecast period. Price point comparison by region with global average price is also considered in the study.
𝐅𝐨𝐫 𝐌𝐨𝐫𝐞 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬:
https://www.prnewswire.com/news-releases/global-heat-recovery-ventilator-market-to-be-worth-us-7-7-billion-by-2032--factmr-report-301489624.html
https://www.prnewswire.com/news-releases/soaring-popularity-of-mobile-wallets-to-gain-grounds-for-digital-remittance-across-the-globe-factmr-analysis-301489801.html
https://www.prnewswire.com/news-releases/booming-construction-sector-signals-massive-growth-in-flat-glass-market-overall-sales-to-exceed-us-445-bn-by-2032-factmr-report-301489818.html
Contact:
US Sales Office:
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583
Email: sales@factmr.com
About Us:
Market research and consulting agency with a difference! That's why 80% of Fortune 1,000 companies trust us for making their most critical decisions. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range - from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Our sales offices in United States and Dublin, Ireland. Headquarter based in Dubai, UAE. Reach out to us with your goals, and we'll be an able research partner.
Sales were adversely impacted during the height of the COVID-19 pandemic, as the frequency of domestic and international air travel plummeted drastically. The International Civil Aviation Organization (ICAO) registered a decline of almost 60% in terms of passenger air traffic in 2020 compared to 2019. Eventually, as restrictions began to be lifted in the wake of reducing infections, prospects began to be restored throughout 2021.
𝐂𝐥𝐢𝐜𝐤 𝐇𝐞𝐫𝐞 𝐓𝐨 𝐠𝐞𝐭 𝐚 𝐒𝐚𝐦𝐩𝐥𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 (𝐈𝐧𝐜𝐥𝐮𝐝𝐢𝐧𝐠 𝐅𝐮𝐥𝐥 𝐓𝐎𝐂, 𝐓𝐚𝐛𝐥𝐞 & 𝐅𝐢𝐠𝐮𝐫𝐞𝐬):https://www.factmr.com/connectus/sample?flag=S&rep_id=2908
𝐄𝐥𝐞𝐜𝐭𝐫𝐢𝐟𝐢𝐜𝐚𝐭𝐢𝐨𝐧 𝐨𝐟 𝐀𝐢𝐫𝐜𝐫𝐚𝐟𝐭 𝐏𝐫𝐨𝐩𝐮𝐥𝐬𝐢𝐨𝐧 𝐭𝐨 𝐂𝐨𝐧𝐟𝐢𝐧𝐞 𝐀𝐝𝐨𝐩𝐭𝐢𝐨𝐧 𝐨𝐟 𝐂𝐨𝐧𝐯𝐞𝐧𝐭𝐢𝐨𝐧𝐚𝐥 𝐀𝐢𝐫𝐜𝐫𝐚𝐟𝐭 𝐏𝐮𝐦𝐩𝐬?
The aviation sector is showing an increased interest in using electricity as a power source for airplanes, owing to their cost- and energy-related benefits over gasoline. The trend of electrification is gaining momentum in the aviation industry, as leading players show a marked preference for electric motors, thereby constraining the adoption of conventional aircraft pumps.
Fuel cell-based and battery-operated systems are undergoing continuous advancements, in line with the focus of industry players on the developments that ebb the power consumption below 100kw. Thus, the shift of aircraft manufacturers toward battery-operated systems, in line with advancements in lithium-ion technology will emerge as a key concern for conventional aircraft pump manufacturers.
𝐊𝐞𝐲 𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐬 𝐂𝐨𝐯𝐞𝐫𝐞𝐝
By Type :
• Hydraulic Pumps
• Fuel Pumps
• Lubrication Pumps
• Water & Waste
• System Pumps
• Air Conditioning and Colling Pumps
• Jet Pumps
By Technology :
• Engine Driven
• Electric Motor Driven
• Ram Air Turbine Driven
• Air Driven
By Pressure :
• 10 psi to 500 psi
• 500 psi to 1000 psi
• 3000 psi to 5000 psi
• 5000 psi to 6500 psi
By Aircraft Type :
• Narrow Body Aircraft
• Wide Body Aircraft
• Regional Jet
• Turboprop
By End User :
• OEM
• Aftermarket
𝐑𝐞𝐝𝐮𝐜𝐭𝐢𝐨𝐧 𝐢𝐧 𝐄𝐦𝐢𝐬𝐬𝐢𝐨𝐧𝐬 𝐈𝐧𝐝𝐮𝐜𝐢𝐧𝐠 𝐀𝐝𝐨𝐩𝐭𝐢𝐨𝐧 𝐨𝐟 𝐄𝐥𝐞𝐜𝐭𝐫𝐢𝐜 𝐌𝐨𝐭𝐨𝐫 𝐃𝐫𝐢𝐯𝐞𝐧 𝐀𝐢𝐫𝐜𝐫𝐚𝐟𝐭 𝐏𝐮𝐦𝐩𝐬?
More Electric Aircrafts (MEA) are now being widely recognized as the future of the aerospace industry, to meet increasing power demand, improving fuel economy, and reducing emissions. Moreover, aircraft manufacturers are taking significant efforts to convert hydraulic and pneumatic components in airplanes to electric.
With the advent of more electric aircraft designs, defense aircraft integrators and users continue to focus on reduced operational cost combined with easy maintenance checks, which has further complemented the replacement of mechanical and hydraulic systems with electrical variants. As per Fact.MR, electric motor driven pumps are expected to accumulate more than 40% revenue.
𝐆𝐞𝐭 𝐂𝐮𝐬𝐭𝐨𝐦𝐢𝐳𝐚𝐭𝐢𝐨𝐧 𝐨𝐧 𝐭𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭 𝐟𝐨𝐫 𝐒𝐩𝐞𝐜𝐢𝐟𝐢𝐜 𝐂𝐨𝐮𝐧𝐭𝐫𝐲 -
https://www.factmr.com/connectus/sample?flag=RC&rep_id=2908
𝐀𝐧𝐭𝐢-𝐂𝐨𝐫𝐫𝐨𝐬𝐢𝐨𝐧 𝐏𝐫𝐨𝐩𝐞𝐫𝐭𝐢𝐞𝐬 𝐏𝐫𝐨𝐩𝐞𝐥𝐥𝐢𝐧𝐠 𝐃𝐞𝐦𝐚𝐧𝐝 𝐟𝐨𝐫 𝐉𝐞𝐭 𝐏𝐮𝐦𝐩𝐬?
Jet pumps continue to witness significant adoption in aircraft fuel systems, owing to their greater reliability, and absence of moving parts, which further deprives the probability of failure. In addition, jet pumps have no moving parts that do not wear. Moreover, jet pumps require low maintenance costs.
Furthermore, jet pumps have the ability to run for longer periods of time as they can adjust power fluid injection rates. Thus, jet pumps are expected to hold more than 35% market share for aircraft pumps in the sales indicator period.
𝐂𝐨𝐦𝐩𝐞𝐭𝐢𝐭𝐢𝐯𝐞 𝐋𝐚𝐧𝐝𝐬𝐜𝐚𝐩𝐞
Established players continue to consolidate their position in the aircraft pumps market, accounting for approximately 2/5th of the market share. Technologically advanced and customized product designs, along with the development of highly efficient and lightweight aircraft pumps are key focus areas of these players, with an aim to remain compliant with regulations on emissions.
• In March 2021, Triumph Group and Air France Industries KLM Engineering & Maintenance (AFI KLM E&M) signed a definitive agreement for establishing a joint venture to overhaul nacelles for the next-generation aircraft manufacturing and repair facility of the former at Arkansas
• Likewise, in June 2021, Eaton announced the completion of its acquisition of Cobham Mission Systems- a leading manufacturer of air-to-air refuelling systems, environmental systems and actuation, primarily for defense markets
𝐊𝐞𝐲 𝐜𝐨𝐦𝐩𝐚𝐧𝐢𝐞𝐬 𝐏𝐫𝐨𝐟𝐢𝐥𝐞𝐝:
• Honeywell International Plc.
• Parker Hannifin Corp.
• Eaton Corporation Plc.
• Crane Aerospace & Electronics
• Triumph Group Inc.
• Woodward Inc.
• Cascon Inc.
• Weldon Pump LLC
• Crissair Inc.
𝐆𝐞𝐭 𝐅𝐮𝐥𝐥 𝐀𝐜𝐜𝐞𝐬𝐬 𝐨𝐟 𝐭𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭 𝐭𝐡𝐫𝐨𝐮𝐠𝐡 𝐨𝐮𝐫 𝐏𝐚𝐲𝐏𝐚𝐥 𝐏𝐚𝐲𝐦𝐞𝐧𝐭 𝐎𝐩𝐭𝐢𝐨𝐧https://www.factmr.com/checkout/2908
𝐑𝐞𝐩𝐨𝐫𝐭 𝐒𝐮𝐦𝐦𝐚𝐫𝐲
The study offers comprehensive analysis on diverse features, including production capacities, demand, product developments, revenue generation, and sales of aircraft pumps across the globe.
A comprehensive estimate on the market has been provided through an optimistic as well as a conservative scenario, taking into account the sales of aircraft pumps during the forecast period. Price point comparison by region with global average price is also considered in the study.
𝐅𝐨𝐫 𝐌𝐨𝐫𝐞 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬:
https://www.prnewswire.com/news-releases/global-heat-recovery-ventilator-market-to-be-worth-us-7-7-billion-by-2032--factmr-report-301489624.html
https://www.prnewswire.com/news-releases/soaring-popularity-of-mobile-wallets-to-gain-grounds-for-digital-remittance-across-the-globe-factmr-analysis-301489801.html
https://www.prnewswire.com/news-releases/booming-construction-sector-signals-massive-growth-in-flat-glass-market-overall-sales-to-exceed-us-445-bn-by-2032-factmr-report-301489818.html
Contact:
US Sales Office:
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583
Email: sales@factmr.com
About Us:
Market research and consulting agency with a difference! That's why 80% of Fortune 1,000 companies trust us for making their most critical decisions. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range - from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Our sales offices in United States and Dublin, Ireland. Headquarter based in Dubai, UAE. Reach out to us with your goals, and we'll be an able research partner.
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