Aircraft Pumps Market to Witness Robust Growth, Surpassing $4.6 Billion by 2028 - PowerPoint PPT Presentation

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Aircraft Pumps Market to Witness Robust Growth, Surpassing $4.6 Billion by 2028

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The global aircraft pumps market size is projected to grow from USD 3.6 billion in 2023 to USD 4.6 billion by 2028, at a CAGR of 4.8% from 2023 to 2028. – PowerPoint PPT presentation

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Title: Aircraft Pumps Market to Witness Robust Growth, Surpassing $4.6 Billion by 2028


1
Aircraft Pumps Market to Witness Robust Growth,
Surpassing 4.6 Billion by 2028
The Global Aircraft Pumps Market size is
projected to grow from USD 3.6 billion in 2023
to USD 4.6 billion by 2028, at a CAGR of 4.8
from 2023 to 2028. The market is driven by
various factors, such as increase in aircraft
renewals, need for flexible and lightweight
pumps, growing commercial and military fleet
across the globe, along with increasing demand
for eVTOLs and Urban Air Mobility
solutions. Key Market Players
The market players Eaton
aircraft pumps
includes major
Safran (France), Corporation plc
(Ireland), Hannifin
Parker- Corporation
  • (US), Woodward, Inc.
  • (US), and Crane Co. (US). These players have
    spread their business across various countries
    including North America, Europe, Asia Pacific,
    Middle East, Africa, and Latin America.
  • Download PDF Brochure _at_
  • https//www.marketsandmarkets.com/pdfdownloadNew.a
    sp?id84962943
  • Based on type, the fuel pump segment is expected
    to be the largest market by value. The fuel pump
    segment is poised to dominate the aircraft pumps
    market due to its critical role in optimizing
    aircraft fuel efficiency, reducing emissions, and
    ensuring precise fuel delivery to engines. With
    the aviation industry's relentless pursuit of
    operational efficiency and sustainability,
    advanced fuel pump systems have become
    paramount. As next-generation aircraft
    increasingly emphasize fuel efficiency, these
    pumps play a central role in achieving these
    goals. Their contribution not only bolsters
    aircraft performance but also aligns with
    environmental objectives by curbing fuel
    consumption and emissions. Consequently, the fuel
    pump segment is primed for substantial growth as
    it addresses key industry imperatives.
  • Based on pressure, the above 3,000 psi segment is
    projected to be the highest CAGR rate for the
    aircraft pumps market during the forecast period.
    Above 3000 psi aircraft pumps are poised to lead
    the market due to their pivotal role in modern
    aircraft systems. These high-pressure pumps
    support advanced materials and systems,
    enhancing performance, efficiency, and safety.
    They are crucial for functions like landing
    gear, flight control, and braking systems.
    Furthermore, they contribute to lightweight,
    fuel-efficient aircraft by reducing system weight
    while maintaining robust performance standards,
    aligning with aviation's objectives. Their
    capability to

2
handle extreme pressures positions them as key
drivers in the aircraft pumps market. Based on
the technology, the electric motor driven segment
is projected to be the highest CAGR rate for the
aircraft pumps market during the forecast period.
Electric- driven motors offer advantages such as
precise control, reduced maintenance
requirements, and lower noise levels compared to
traditional hydraulic systems. With the aviation
sector increasingly focused on lightweight,
environmentally friendly aircraft,
electric-driven motors contribute significantly
to achieving these objectives. Their
adaptability to various aircraft systems,
including fuel, hydraulic, and cooling systems,
positions them as versatile solutions. As the
industry continues to prioritize modernization
and sustainability, the electric-driven motor
segment is primed for substantial growth,
providing a critical impetus to the aircraft
pumps market. Based on the aircraft type, the
unmanned aerial vehicles segment is projected to
grow at the highest CAGR rate for the aircraft
pumps market during the forecast period. The UAV
segment is set to lead the aircraft pumps market
due to the rapid expansion of unmanned aerial
vehicle applications across various sectors,
including defense, agriculture, and
surveillance. UAVs rely on efficient and compact
aircraft pumps to ensure reliable operation and
mission success. As UAV technology continues to
evolve and diversify, the demand for specialized
pumps tailored to these lightweight and
versatile aircraft is expected to rise,
consolidating the UAV segment's prominence in
the market. Based on the end use, the OEM segment
is projected to grow at the highest CAGR rate
for the aircraft pumps market during the forecast
period. As global air travel demand grows and
aircraft manufacturers continue to produce
next-generation, more fuel-efficient, and
technologically advanced aircraft, the demand for
reliable, high-performance aircraft pumps
supplied directly by OEMs is on the rise. These
pumps are designed to seamlessly integrate with
the aircraft's systems, ensuring optimal
performance and safety, making the OEM segment a
pivotal driver in the aircraft pumps
market. Based on the region, Asia-Pacific is
projected to have the highest growth rate for the
aircraft pumps market during the forecast
period. This is due to its expanding economies,
burgeoning aviation hubs, increased defense
spending, and a growing demand for air travel.
With a focus on technological advancements,
infrastructure development, and market
liberalization, the region's airlines and
manufacturers are driving the adoption of
advanced aircraft pump systems to enhance
efficiency and meet the demands of a surging
aviation market. Ask for Sample Report
_at_ https//www.marketsandmarkets.com/requestsampleN
ew.asp?id84962943 About MarketsandMarkets Mar
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