Aerospace Fluid Conveyance System Market size was over USD 3.33 billion in 2024 and is anticipated to cross USD 10.83 billion by 2037, witnessing more than 9.5% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of aerospace fluid conveyance system is estimated at USD 3.6 billion.
Fluid conveyance system is referred to all those critical components of an engine system that helps to transfer the fuel from the fuel tank to the engine. In the aerospace industry, aerospace fluid conveyance system is referred to the components such as fuel lines, hoses, adapters, couplings, valves and others, which are used to transfer fuel and other fluids and gases throughout an aircraft, specifically in high or low temperature and pressure areas of the aircraft, such as flight deck instrumentation cooling, flight deck air distribution, cabin recirculation, cabin sidewall riser duct, transition duct and others. These components are used for different aircraft types including rotary and fixed winged aircrafts as well as helicopters in both military and civil aviation.
The rising demand for air transportation can be attributed to the growing population and urbanization globally, along with the increasing disposable income of the individuals worldwide. Backed by the rising demand for air transportation, there is a growing need amongst the airline operators to expand their existing aircraft fleet. Moreover, to meet the rising demand for air transport, airline operators are also increasing the number of flights, which is raising the need for timely maintenance of these aircrafts. Such a factor is therefore anticipated to promote the growth of the global aerospace fluid conveyance system market.
Growth Drivers
Challenges
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Base Year |
2024 |
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Forecast Year |
2025-2037 |
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CAGR |
9.5% |
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Base Year Market Size (2024) |
USD 3.33 billion |
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Forecast Year Market Size (2037) |
USD 10.83 billion |
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Regional Scope |
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The aerospace fluid conveyance system market is segmented by aircraft type into passenger, military, and cargo aircrafts. Out of these segments, the passenger aircraft segment is anticipated to hold the largest market share by the end of 2021. The growth of the segment can be attributed to the presence of large number of passenger aircraft fleet globally as compared to other aircraft types. Moreover, presence of a wide variety of passenger aircraft by various manufacturers, which also raises the need for different types of conveyance systems specifically designed for each different aircraft type, is also anticipated to drive the growth of the passenger aircraft system during the forecast period.
The global aerospace fluid conveyance system market is also segmented by component into bellows, fittings, ducts, joints, couplings, flanges, and others. Amongst these segments, the fittings segment held the largest market in the year 2019. Aerospace fluid fittings are the connectors which connects two or more hoses together. Also commonly known as aerospace hose fittings, or sometimes aerospace hydraulic fittings (in case of connecting two or more hydraulic hoses together), these fittings are available in different thread styles, such as 24-degree cone flareless connection fittings and nuts, 37-degree joint industry council (JIC) flared internal cone fluid connection fittings, national pipe thread (NPT), O-ring boss (ORB), hose barbs, and hose clamps among others.
Our in-depth analysis of the global aerospace fluid conveyance system market includes the following segments
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By Component |
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By Aircraft Type |
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By Application |
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By End-User |
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On the basis of regional analysis, the global aerospace fluid conveyance system market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and the Middle East & Africa regions.
North America Market Statistics
North America industry is predicted to account for largest revenue share by 2037, owing to presence of several key players in the region, coupled with presence of numerous aircraft manufacturers in the region who are opting for advanced products to further optimize the efficiency of their aircrafts. Moreover, increasing research and developments from the manufacturers of aerospace fluid conveyance system by means of collaborations and partnerships with other players in the aerospace and aviation industries are some of the additional factors anticipated to drive the aerospace fluid conveyance system market growth in North America during the forecast period.
Author Credits: Dhruv Bhatia
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