In terms of revenue, the global Aircraft Pumps market is estimated to expand at a CAGR of 7.4% over the forecast period, owing to numerous factors, about which FACT.MR offers thorough insights and forecasts in this report.
The global market for aircraft pumps is further segmented as type, technology, pressure, aircraft type, end user and region. On the basis of type, global aircraft pumps market is segmented as hydraulic pumps, fuel pumps, lubrication pumps, water and waste system pumps, and air conditioning and cooling pumps. On the basis of technology, engine driven, electric motor driven, ram air turbine driven and air driven. On the basis of pressure, 10 psi to 500 psi, 500 psi to 3000 psi, 3000 psi to 5000 psi, and 5000 psi to 6500 psi. On the basis of aircraft type, narrow body aircraft, wide body aircraft, regional jet and turboprop. On the basis of end user, the global aircraft pumps market is segmented into OEM and aftermarket.
The hydraulic pump in aircraft pumps has major application in all the hydraulic operations of an aircraft, and thus holds the maximum share in global aircraft pumps market. Narrow body aircraft is anticipated to witness remarkable growth over the forecast period in prominent region such as North America, APEJ, Europe, Latin America and MEA. The proper fluid flow in an aircraft is highly anticipated to boost the demand for aircraft pumps over the forecast period.
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The report studies trends, driving growth for aircraft pumps market at the global level, offering potential takeaways deemed substantially useful for new players in the aircraft pumps market. North America Aircraft Pumps market assessment includes country-level analysis of the U.S. and Canada. The U.S Aircraft Pumps market is expected to grow at a CAGR of 5.3% over the forecast period. Narrow Body Aircraft segment enjoys a dominant share by aircraft type.
The Latin America Aircraft Pumps market includes a country-level analysis of Brazil, Mexico and Rest of Latin America. Mexico Aircraft Pumps market is envisaged to expand at 8.3% CAGR through the forecast period. The Europe Aircraft Pumps market includes country-level analysis of EU-4, Benelux, the U.K., Nordic, Eastern Europe, and the Rest of Europe. The study states that EU-4 holds significant share in Europe Aircraft Pumps market.
The Asia Pacific excluding Japan Aircraft Pumps includes country-level analysis for China, India, South Korea, Australia & New Zealand, ASEAN and Rest of APEJ. The APEJ Aircraft Pumps market represents the most lucrative geographic region wherein India and China represents a substantial incremental opportunity over the forecast period. The Middle East and Africa (MEA) Aircraft Pumps includes a country-level analysis of GCC, Turkey, South Africa, Israel and Rest of MEA. Aircraft Pumps market in the GCC region is particularly driven by the phenomenal rise in the regional aircraft operators. The Japan Aircraft Pumps is expected to expand at a CAGR of 6.4% over the forecast period.
Key players operating in the global market for aircraft pumps, include Honeywell International Inc., Parker Hannifin Corporation, Eaton Corporation plc., Crane Aerospace & Electronics, Triumph Group, Inc., Woodward, Inc., Zodiac Aerospace, Cascon Inc., Weldon Pump LLC and Crissair, Inc.