Global Aerospace Valves Strategic Market Report 2023: Market to Reach $15.4 Billion by 2030 - Established Vendors in Aerospace Valves Market Facing Fierce Competition from Local Players

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May 05, 2023, 11:45 ET

DUBLIN, May 5, 2023 /PRNewswire/ -- The "Aerospace Valves: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

Global Aerospace Valves Market to Reach $15.4 Billion by 2030

The global market for Aerospace Valves estimated at US$10.4 Billion in the year 2022, is projected to reach a revised size of US$15.4 Billion by 2030, growing at a CAGR of 5% over the analysis period 2022-2030.

Steel, one of the segments analyzed in the report, is projected to record a 5.9% CAGR and reach US$6.3 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Titanium segment is readjusted to a revised 4.9% CAGR for the next 8-year period.

The U.S. Market is Estimated at $3.7 Billion, While China is Forecast to Grow at 7% CAGR

The Aerospace Valves market in the U.S. is estimated at US$3.7 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$1.6 Billion by the year 2030 trailing a CAGR of 7% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.8% and 5% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 4.3% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$1.2 Billion by the year 2030.

Looking Ahead to 2023

The global economy is at a critical crossroads with a number of interlocking challenges and crises running in parallel. Food and fuel inflation will remain a persistent economic problem. Higher retail inflation will impact consumer confidence and spending.

As governments combat inflation by raising interest rates, new job creation will slowdown and impact economic activity and growth. Lower capital expenditure is in the offing as companies go slow on investments, held back by inflation worries and weaker demand. With slower growth and high inflation, developed markets seem primed to enter into a recession.

Volatile financial markets, growing trade tensions, stricter regulatory environment and pressure to mainstream climate change into economic decisions will compound the complexity of challenges faced.

Year 2023 is expected to be tough year for most markets, investors and consumers. Nevertheless, there is always opportunity for businesses and their leaders who can chart a path forward with resilience and adaptability.

What`s New for 2023?

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:

MARKET OVERVIEW

Pandemic Dents Prospects in the Aviation Industry
Drop in Aviation Sector Impacts Demand for Aerospace Valves
Staged Recovery over Long-Term
Competitive Scenario: Established Vendors in Aerospace Valves Market Facing Fierce Competition from Local Players
Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
Global Aerospace Valves Market Appears Poised to Soar to New Heights: Global Market Prospects & Outlook
COVID-19 Pandemic Clips Wings of Global Aerospace Valves Market
Interesting Dynamics Means Brisk Business for Global Aerospace Valves Market
Rising Demand for New Aircraft
Expansion of Commercial Aircraft Industry
Frequent Replacement of Aircraft Valves
Additive Manufacturing as Big Trend
Volatile Prices of Raw Materials & Limited Innovation
Opportunity: IoT-Powered Valves
Analysis by Material
Analysis by End-Use
Regional Analysis: Developed Regions, Primary Revenue Contributors
Developing Markets to Register Improved Growth
North America Sweeps Aerospace Valves Market with Majority Stake
Aerospace Valves: An Introductory Prelude
Types of Aerospace Valves
Recent Market Activity
Select Global Brands

MARKET TRENDS & DRIVERS

Pandemic Impact on the Aerospace Industry and the New Normal
Post Pandemic, Growing Commercial Aviation Sector to Guide Growth Opportunities
Aircraft Replacement Demand Supports Growth
Aircraft MRO Services: Huge Opportunity to Drive Long-Term Growth
Spurt in Air Passenger Traffic and Need for Modern Aircraft Presents Growth Opportunities
Spending Patterns in the Defense Sector to Strengthen Growth Prospects
As the World Steps Up Military Spending in the Wake of the Russia Ukraine War, Military Grade Aerospace Valves are Poised to Benefit from the Unfortunate State of Global Geo-Political Affairs
Germany's Historic Military Investments in 2022 Exemplifies the Prevailing Global Sentiment that the World is a Dangerous Place Where the Threat of Authoritarian States Can be Resisted Only With Big-Ticket Military Capabilities
Rising Demand for Fixed Wing Fighter Aircraft: A Favorable Scenario for Aerospace Valves Market
Zero-Leak Valves for Cutting Emission and Green Energy
Solenoid Valve Finds Usage in Controlling Tank Pressure for Critical Applications
Additive Manufacturing and 3D Printing Enter the Fasteners Ecosystem
Titanium Evolves as an Important Valve Material
Aluminum Loosing Sheen as Widely Used Valve Material for Aircrafts
Advanced Designs for Niche Application Areas of Brake Systems
Intake and Exhaust Valves Critical for Engine Performance Improvement
Valves for Engine Lubrication Systems
Valves in Aircraft Hydraulic Systems Help Maintain Pressure
Sophisticated Valves Maintain Fuel System Integrity
Performance is Critical for Spacecraft Valves
Advanced Technology Offerings for Terrestrial Valves
Issues & Challenges
Long-Term Supply Contracts Narrow Operating Margins for Ti Suppliers
Common Pain Points Experienced by Aerospace Manufacturers
Need to Improve Valve Efficiency

FOCUS ON SELECT PLAYERS (Total 100 Featured)

CIRCOR International, Inc.
Crane Aerospace & Electronics
Crissair, Inc.
Eaton Corporation PLC
Honeywell International Inc.
ITT Aerospace Controls
Liebherr-International Deutschland GmbH
Moog Inc.
Parker Hannifin Corporation
Porvair PLC
Precision Fluid Controls, Inc.
Safran S.A
Sitec Aerospace GmbH
Transdigm Group, Inc.
Triumph Group, Inc.
Woodward Inc.

For more information about this report visit https://www.researchandmarkets.com/r/k7nv38

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