Title: Aerospace Accumulator Market Research Report, 2017 – 2024
1Aerospace Accumulator Market Price, Trends,
Industry Outlook Forecast 2017-2024
2Key Insights from Aerospace Accumulator Market
- Aerospace Accumulator Market size is poised to
grow significantly owing to increasing demand of
commercial general aviation, military aircrafts
and helicopter. Frequent air travelers across the
globe creates huge demand for fleet expansion. - Increasing use of high performance materials
which offer various benefits such as weight
reduction and low maintenance cost will support
the industry growth. Design complexity and high
production cost of the component limits the
aerospace accumulator market growth. - Accumulator system container has fully charged
gas and highly pressurized fluid inside to dampen
pressure released in hydraulic system. High
pressurized fluid can lead to internal or
external leakages. Product designing should be
given utmost importance to avoid dysfunctionality.
3Continued...
- By product, aerospace accumulator market is
categorized in to piston, bladder and metal
bellows accumulator. Metal bellows holds maximum
share owing to less maintenance requirements. It
is replacing piston components due to its
lightweight. - Based on materials, industry is categorized in to
steel and hybrid. Hybrid material includes carbon
composite material used for outer housing. Hybrid
material share will increase owing to surge in
demand of light weight components for fuel
efficient aircraft. Composites products are
nearly 66 lighter than conventional ones. - Based on application, industry is categorized
into flight controls, thrust reverser, landing
gears and braking system. Aerospace accumulator
market requirement varies as per size, specific
volume, pressure and temperature applications.
Landing gears hold significant share due to high
product requirements.
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5Major Companies in Aerospace Accumulator Market
- Eaton Corporation
- Woodward
- Senior Aerospace
- Haydac Technologies
- APPH Group
- Triumph Group
- Parker Hannifin
- Valcor Engineering
6Regional Insights in Aerospace Accumulator
Market
- North America will dominate aerospace accumulator
market during the forecast timeframe owing to
strong presence of manufacturers and highest
number of international passenger fleets in the
region. Airbus Boeing are two major aircraft
companies annually deliver more than 1000
aircraft worldwide. There are more than 26,500
average daily scheduled passenger flights and
airline companies are adding more numbers of
aircraft to cater increasing demand. - Asia Pacific is expected to witness significant
growth due to increasing air traffic. Increasing
disposable income and affordable flight fare is
stimulating general commercial aviation.
Increase in frequent travelers and surge in
demand of commercial aircraft is expected to
boost aerospace accumulator market share during
forecast period.
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