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1037538

Aerospace Fluid Conveyance Systems Market Size, Share, Trend, Forecast, Competitive Analysis, and Growth Opportunity: 2021-2026

Published: | Stratview Research | 146 Pages | Delivery time: 1-2 business days

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Aerospace Fluid Conveyance Systems Market Size, Share, Trend, Forecast, Competitive Analysis, and Growth Opportunity: 2021-2026
Published: November 26, 2021
Stratview Research
Content info: 146 Pages
Delivery time: 1-2 business days
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  • Description
  • Table of Contents
Description

Market Highlights

Fluid conveyance systems are one of the most critical components in an aircraft in order to perform functions, such as ventilation, pressurization, fluid, water & fuel flow, humidity or containment control, anti-icing, noise attenuation, and controlling heating & cooling. Aircraft fluid conveyance system primarily includes hoses, tubes, and metallic and composite ducts (high-pressure and low-pressure ducts.

The aerospace industry faced consecutive setbacks with the best-selling aircraft B737 MAX's grounding in 2019, followed by the ravaging pandemic in 2020, leaving the stakeholders stunned with outlandish losses. The unforeseen and dire circumstances momentarily shook the industry stakeholders forcing them to resort to extreme measures and reorient their age-old strategies in order to ensure survival and long-term stability.

The aerospace fluid conveyance systems, a sizeable market, could not escape from such trends and witnessed a colossal decline (-27% in 2020) amid the pandemic. However, as the buoyant aerospace industry gradually heads towards the path of healing, a similar impact is likely to be felt in the aerospace fluid conveyance systems market, which is likely to recoup from 2021 onwards, marking a healthy CAGR of 8.2% during 2021-2026 to reach US$ 4.5 Billion by 2026.

Based on the product type, the aerospace fluid conveyance systems market is segmented as hose assemblies, duct assemblies, and tube assemblies. Duct assembly took the throne in 2020 with the highest share in the market. Ducts are situated throughout the aircraft, from the engine through the fuselage to the leading edges of the wings and the tail of the aircraft. Between low-pressure and high-pressure, high-pressure ducts dominate the aerospace industry.

Based on the material type, we have segmented the market as nickel-chromium alloys, titanium & alloys, steel & alloys, composites, Teflon, and others. Nickel-Chromium alloys held an irrefutable lead in the market in 2020. Nickel-Chromium alloys offer several advantages, such as high strength, excellent fabricability, outstanding corrosion resistance, and ability to withstand at cryogenic to 1800°F (982°C). Composites are rapidly gaining traction in low-temperature and high-pressure applications, such as APU inlet, ECS inlet plenum, and APU plenum.

With the lowest decline in the demand for aerospace fluid conveyance systems by the pandemic, Asia-Pacific is expected to remain the fastest-growing region in the market during the forecast period. On the other hand, North America is likely to take lead in the market, driven by the aerospace hub, the USA. The North American market is relatively more consolidated as compared to Europe, with the presence of global players, such as Exotic Metals (Parker-Hannifin), Arrowhead Products, Triumph Group, Unison Industries, and ITT Inc.

Key Players

The supply chain of this market comprises raw material manufacturers, fluid conveyance system manufacturers, aircraft engine OEMs, aircraft OEMs, and airline companies.

The key aerospace engine manufacturers are:

  • CFM
  • GE Aviation Engines
  • Pratt & Whitney
  • Rolls-Royce.
  • The key aircraft OEMs are-
  • Boeing
  • Airbus
  • Lockheed Martin
  • Bombardier
  • Embraer
  • ATR
  • Cessna
  • Gulfstream.

The key fluid conveyance system manufacturers for the aerospace & defense industry are:

  • Eaton Corporation Plc
  • Senior Plc
  • Hutchinson PFW Aerospace GmbH
  • Arrowhead Products
  • Parker-Hannifin Corporation
  • Safran SA
  • Unison Industries

New product development, the formation of long-term contracts, and collaboration with OEMs are the key strategies adopted by the key players to gain a competitive edge in the market.

Research Methodology

This strategic assessment report, from Stratview Research, provides a comprehensive analysis that reflects today's Aerospace Fluid Conveyance Systems market realities and future market possibilities for the forecast period of 2021 to 2026. The report segments and analyzes the market in the most detailed manner in order to provide a panoramic view of the market. The vital data/information provided in the report can play a crucial role for the market participants as well as investors in the identification of the low-hanging fruits available in the market as well as to formulate the growth strategies to expedite their growth process.

This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research's internal database and statistical tools. More than 1000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles, have been leveraged to gather the data. We conducted more than 15 detailed primary interviews with the market players across the value chain in all four regions and industry experts to obtain both qualitative and quantitative insights.

Report Features

This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:

  • Market structure: Overview, industry life cycle analysis, supply chain analysis.
  • Market environment analysis: Growth drivers and constraints, Porter's five forces analysis, SWOT analysis.
  • Market trend and forecast analysis.
  • Market segment trend and forecast.
  • Competitive landscape and dynamics: Market share, Product portfolio, New Product Launches, etc.
  • Attractive market segments and associated growth opportunities.
  • Emerging trends.
  • Strategic growth opportunities for the existing and new players.
  • Key success factors.

The Aerospace Fluid Conveyance Systems market is segmented into the following categories.

Aerospace Fluid Conveyance Systems Market, by Vehicle Type

  • Commercial Aircraft (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
  • Regional Aircraft (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
  • General Aviation (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
  • Military Aircraft (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
  • Helicopter (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
  • UAV (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
  • Spacecraft (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

Aerospace Fluid Conveyance Systems Market, by Product Type

  • Hose Assembly (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
  • Tube Assembly (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
  • Duct Assembly (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

Aerospace Fluid Conveyance Systems Market, by Material Type

  • Nickel-Chromium Alloys (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
  • Titanium & Alloys (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
  • Stainless Steel & Alloys (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
  • Composites (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
  • Teflon (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
  • Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

Aerospace Fluid Conveyance Systems Market, by Application Type

  • Air Conveyance (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
  • Fuel Conveyance (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
  • Hydraulic Conveyance (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
  • Other Conveyance (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

Aerospace Fluid Conveyance Systems Market, by Region

  • North America (Country Analysis: USA, Canada, and Mexico)
  • Europe (Country Analysis: Germany, France, the UK, Russia, and Rest of Europe)
  • Asia-Pacific (Country Analysis: Japan, China, India, and Rest of Asia-Pacific)
  • Rest of the World (Country Analysis: Brazil, Argentina, and Others)
Table of Contents
Product Code: SRAD119

Table of Contents

Report Scope

Report Objectives

Research Methodology

Market Segmentation

Secondary Research

Key Information Gathered from Secondary Research

Primary Research

Key Information Gathered from Primary Research

Breakdown of Primary Interviews by Region, Designation, and Value Chain Node

Data Analysis and Triangulation

1. Executive Summary

2. Aerospace Fluid Conveyance Systems Market Environment Analysis

  • 2.1. Supply Chain Analysis
  • 2.2. PEST Analysis
  • 2.3. Industry Life Cycle Analysis
  • 2.4. Market Drivers
  • 2.5. Market Challenges

3. Aerospace Fluid Conveyance Systems Market - The COVID-19 Impact Assessment

  • 3.1. Aerospace Fluid Conveyance Systems Market Trend and Forecast (US$ Million)
  • 3.2. Pre-COVID vs Post-COVID Assessment
  • 3.3. Real GDP Loss vs Aerospace Fluid Conveyance Systems Market Loss (2020-2021)
  • 3.4. Market Scenario Analysis: Pessimistic, Most Likely, and Optimistic Scenarios

4. Aerospace Fluid Conveyance Systems Market Assessment (2015-2026)

  • 4.1. Platform-Type Analysis
    • 4.1.1. Commercial Aircraft: Regional Trend and Forecast (US$ Million)
    • 4.1.2. Regional Aircraft: Regional Trend and Forecast (US$ Million)
    • 4.1.3. General Aviation: Regional Trend and Forecast (US$ Million)
    • 4.1.4. Military Aircraft: Regional Trend and Forecast (US$ Million)
    • 4.1.5. Helicopter: Regional Trend and Forecast (US$ Million)
    • 4.1.6. UAV: Regional Trend and Forecast (US$ Million)
    • 4.1.7. Spacecraft: Regional Trend and Forecast (US$ Million)
  • 4.2. Product-Type Analysis
    • 4.2.1. Hose Assemblies: Regional Trend and Forecast (US$ Million)
    • 4.2.2. Duct Assemblies: Regional Trend and Forecast (US$ Million)
    • 4.2.3. Tube Assemblies: Regional Trend and Forecast (US$ Million)
  • 4.3. Material-Type Analysis
    • 4.3.1. Nickel-Chromium Alloys: Regional Trend and Forecast (US$ Million)
    • 4.3.2. Titanium & Alloys: Regional Trend and Forecast (US$ Million)
    • 4.3.3. Steel & Alloys: Regional Trend and Forecast (US$ Million)
    • 4.3.4. Teflon: Regional Trend and Forecast (US$ Million)
    • 4.3.5. Composites: Regional Trend and Forecast (US$ Million)
    • 4.3.6. Others: Regional Trend and Forecast (US$ Million)
  • 4.4. Application-Type Analysis
    • 4.4.1. Air Conveyance: Regional Trend and Forecast (US$ Million)
    • 4.4.2. Fuel Conveyance: Regional Trend and Forecast (US$ Million)
    • 4.4.3. Hydraulic Conveyance: Regional Trend and Forecast (US$ Million)
    • 4.4.4. Others: Regional Trend and Forecast (US$ Million)
  • 4.5. Regional Analysis
    • 4.5.1. North American Aerospace Fluid Conveyance Systems Market: Country Analysis
    • 4.5.2. The USA's Aerospace Fluid Conveyance Systems Market T&F (US$ Million)
    • 4.5.3. Canadian Aerospace Fluid Conveyance Systems Market T&F (US$ Million)
    • 4.5.4. Mexican Aerospace Fluid Conveyance Systems Market T&F (US$ Million)
    • 4.5.5. European Aerospace Fluid Conveyance Systems Market: Country Analysis
    • 4.5.6. German Aerospace Fluid Conveyance Systems Market T&F (US$ Million)
    • 4.5.7. French Aerospace Fluid Conveyance Systems Market T&F (US$ Million)
    • 4.5.8. Russian Aerospace Fluid Conveyance Systems Market T&F (US$ Million)
    • 4.5.9. The UK's Aerospace Fluid Conveyance Systems Market T&F (US$ Million)
    • 4.5.10. RoE's Aerospace Fluid Conveyance Systems Market T&F (US$ Million)
    • 4.5.11. Asia-Pacific's Aerospace Fluid Conveyance Systems Market: Country Analysis
    • 4.5.12. Indian Aerospace Fluid Conveyance Systems Market T&F (US$ Million)
    • 4.5.13. Chinese Aerospace Fluid Conveyance Systems Market T&F (US$ Million)
    • 4.5.14. Japanese Aerospace Fluid Conveyance Systems Market T&F (US$ Million)
    • 4.5.15. RoAP's Aerospace Fluid Conveyance Systems Market T&F (US$ Million)
    • 4.5.16. Rest of the World's (RoW) Aerospace Fluid Conveyance Systems Market: Country Analysis
    • 4.5.17. Brazilian Aerospace Fluid Conveyance Systems Market T&F (US$ Million)
    • 4.5.18. Saudi Arabian Aerospace Fluid Conveyance Systems Market T&F (US$ Million)
    • 4.5.19. Other Aerospace Fluid Conveyance Systems Market T&F (US$ Million)

5. Competitive Analysis

  • 5.1. Market Consolidation Level
  • 5.2. Competitive Landscape
  • 5.3. Market Share Analysis
  • 5.4. Product Portfolio Analysis
  • 5.5. Geographical Presence
  • 5.6. New Product Launches
  • 5.7. Strategic Alliances
  • 5.8. Porter's Five Forces Analysis

6. Strategic Growth Opportunities

  • 6.1. Market Attractiveness Analysis
    • 6.1.1. Market Attractiveness by Platform Type
    • 6.1.2. Market Attractiveness by Product Type
    • 6.1.3. Market Attractiveness by Material Type
    • 6.1.4. Market Attractiveness by Application Type
    • 6.1.5. Market Attractiveness by Region
    • 6.1.6. Market Attractiveness by Country
  • 6.2. Growth Matrix Analysis
  • 6.3. Strategic Implications
  • 6.4. Key Success Factors (KSFs)

7. Company Profile of Key Players (Alphabetically Arranged)

  • 7.1. Arrowhead Products Corporation
  • 7.2. Eaton Corporation (Eaton Aerospace)
  • 7.3. Exotic Metals Forming LLC (Parker)
  • 7.4. GKN Ltd (GKN Aerospace-Melrose Industries)
  • 7.5. ITT Inc., (ITT Aerospace)
  • 7.6. Meggitt PLC
  • 7.7. PFW Aerospace GmbH (Hutchinson)
  • 7.8. Senior plc (Senior Aerospace)
  • 7.9. Smiths Group Plc
  • 7.10. Stelia Aerospace (Stelia North America)
  • 7.11. Triumph Group, Inc.
  • 7.12. Unison Industries, LLC
  • 7.13. Zodiac Aerospace (Safran S.A.)

8. Appendix

  • 8.1. Disclaimer
  • 8.2. Copyright
  • 8.3. Abbreviation
  • 8.4. Currency Exchange
  • 8.5. Market Numbers