Aircraft Hydraulic System Market By Product (Reservoirs, Pumps, Valves) By Fluid Type (Vegetable-based, Mineral-based, Synthetic-based) By Wing Type (Fixed Wing, Rotary Wing) By End User (Airforce, General Aviation, Commercial Aviation) - Growth, Future Prospects & Competitive Analysis, 2016 - 2028

About this report

The aircraft hydraulic system industry is critically analysed using key characteristics in the global aircraft hydraulic system market study. The research report covers investment tactics, the need for investments in the market for aircraft hydraulic system, and the many advantages for investors. The report also details how both economic and non-economic hurdles are promoting the expansion of the aircraft hydraulic system market. These are significant developments in the global technical rules for the sector. Additionally, the report examines historical and projected market sizes at the global, regional, and national levels. The report also offers a thorough analysis of the most important investment propositions, the demand and supply gap, the positioning of the competition, and the STAR, SRC, and Tornado analyses. Important technology advancements and other assessments, including Porter's Five Forces, PESTEL, Value Chain, etc.

Key Highlights of the report

How are the major segments performing in the aircraft hydraulic system market?

• In 2021, the pumps category held the highest revenue share in the market. The category is predicted to develop due to a rise in the use of pumps in new aircraft.
• In 2021, the synthetic-based category held a significant market share due to growing usage in aircraft hydraulic systems.
• In 2021, the fixed-wing segment was expected to hold a significant share of the global aircraft hydraulic system market. This growth is ascribed to a rising preference for rotary wings and the advantages of using fixed wings in aircraft hydraulic systems.
• In 2021 the general aviation segment was expected to dominate the global market, owing to rising demand from the aircraft industry.

Which region dominated the aircraft hydraulic system market?

In 2021, North America dominated the aircraft hydraulic system market during the forecast period. The growth is ascribed to the presence of major OEMs and key market players, including Parker Hannifin Corporation, United Technologies Corporation, and many others across the region. The United States military and defense sector is also involved in developing new aircraft for security and surveillance. This will necessitate significantly improved and a large number of aircraft hydraulic systems, which further drives the industry growth in this region.

How is the U.S. market performing in the aircraft hydraulic system market?

In 2021, the United States was anticipated to hold a significant market share. The rising development of aircraft systems by the U.S. Department of defense for security & surveillance is fuelling the market growth in coming years. The presence of major industry players and the original equipment manufacturer in the country is responsible for the industry growth in the United States.

What is the competitive environment of the aircraft hydraulic system market?

The global market share of aircraft hydraulic systems, a summary of the business structure, sales and revenues produced in this sector, the introduction of new products, and market opportunities are all details provided in the competitive environment for the aircraft hydraulic system market. In addition, a well-organized supply chain and an extended retail network are the key player's main expansion tactics for connecting with consumers.

Executive Summary

What are the benefits of hydraulic systems in aircraft?

The dependability and reliability of an aircraft hydraulic system are arguably its most significant advantages. Because the basic mechanical principles are so straightforward, the number of moving components is limited to a bare minimum, reducing the danger of failure. Hydraulic systems respond to control inputs very rapidly and efficiently. Due to the vital nature of aeronautical flight, accurate control of the aircraft is a top priority for safety. The pilot must be able to conduct flight control operations without worrying about whether or not they will occur or how long they will take, especially in critical flying scenarios. Aircraft hydraulic systems provide this type of capability. Another significant advantage of hydraulic systems is that, unlike air, hydraulic fluid does not compress due to climatic change. As the dynamic pressure changes that occur as an aircraft gains or drop altitude, this is a significant factor. These modifications have little effect on the hydraulic fluid, but they considerably influence comparable systems that employ gas instead of liquid.

Which are the key investments by the aircraft hydraulic system market players?

The market's top players for aircraft hydraulic systems are concentrating on increasing their ability to produce storage and retrieval systems. In addition, players are focusing on strategic alliances, mergers, acquisitions, collaborations, and raising consumer awareness through various advertising campaigns to aid manufacturers in promoting the use of aircraft hydraulic systems in the industry. This further aid in expanding their customer base in the global market for aircraft hydraulic systems and gaining a competitive edge.

Some key players operating in the global aircraft hydraulic system market include Arkwin Industries Inc., Beaver Aerospace & Defense Inc., Eaton Corporation PLC, Liebherr-International AG, Moog Inc., Parker Hannifin Corporation, Safran S.A., Triumph Group Inc., and United Technologies Corporation.

What are the major driving factors for the aircraft hydraulic system market?

An aircraft hydraulic system's most significant characteristics are its high strength, low weight, clarity, anti-fogging property, and glare reduction. These are projected to be major drivers driving the global market during the forecast period. The aircraft hydraulic system may be shaped into any shape by heating to high temperatures. This aspect contributes to the increased demand for aircraft hydraulic systems in the market. Furthermore, increasing industry and urbanization increase demand for aircraft hydraulic systems indirectly, thereby propelling market growth in the coming years.

What are the major risks for the aircraft hydraulic system market?

Hydraulic fluids are the most important component of every hydraulic system. The leakage of these fluids will cause environmental difficulties and safety concerns in the aircraft. Because ongoing maintenance is required, and the selection of hydraulic fluids is critical because the wrong choice might harm the components, these reasons hamper the market for aircraft hydraulic systems over the forecast period.

Which is the key application in the aircraft hydraulic system market?

The pump category had the largest market revenue share. The category is expected to grow due to an increase in the usage of pumps in new aircraft to reduce total weight, which may be accomplished by using pumps. Pumps can provide high fluid pressure even in extremely thin pipes, one of the key reasons expected to drive the pump segment's growth throughout the forecast period.

How is the aircraft hydraulic system market performing in regions?

In 2021, North America dominated the aircraft hydraulic system market during the forecast period. The growth is mainly attributed to the presence of major OEMs and key market players, including Parker Hannifin Corporation, United Technologies Corporation, and many others across the region.

The Asia-Pacific aircraft hydraulic system market is also expected to expand rapidly during the forecast period. This can be attributed to increased investments in the region's aerospace industriesFurthermore, rapid economic growth, growing structural activities, and increased demand for new aircraft in the emerging economies are anticipated to fuel the market growth in Asia-Pacific.

What is the regulatory landscape for the aircraft hydraulic system market?

To achieve harmonization, the amendment adds appropriate existing Joint Aviation Requirements (JAR) standards; moves some existing regulatory text to a new advisory circular (A.C.), consolidates and separates certain subparagraphs for clarity; and revises airplane static proof pressure test requirements to allow a completely functional (dynamic) airplane test at the hydraulic system relief pressure. The Aviation Rulemaking Advisory Committee worked with the Joint Aviation Authorities (JAA) of Europe, Transport Canada, and the U.S. and European aviation industries to produce these amendments (ARAC). These adjustments help the public by standardizing specific criteria, ideas, and processes in airworthiness standards without decreasing, but perhaps improving, the present level of safety.

What is the market size of aircraft hydraulic systems regarding value?

The market for aircraft hydraulic systems is predicted to expand at a substantial CAGR of 11.2% during the forecast period. The aircraft hydraulic system market was valued at USD 1576.6 million in 2021 and is expected to reach USD 2980.9 million in 2028.

Segmentation of Global Aircraft Hydraulic System Market-

Global Aircraft Hydraulic System Market – By Product

• Reservoirs
• Pumps
• Valves
• Hydraulic fuses
• Accumulators
• Actuators
• Others

Global Aircraft Hydraulic System Market – By Fluid Type

• Vegetable-based
• Mineral-based
• Synthetic-based

Global Aircraft Hydraulic System Market – By Wing Type

• Fixed Wing
• Rotary Wing

Global Aircraft Hydraulic System Market – By End User

• Airforce
• General Aviation
• Commercial Aviation

Global Aircraft Hydraulic System Market – By Region

• North America
  • US.
  • Canada
• Europe
  • Germany
  • France
  • UK.
  • Italy
  • Spain
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • South-east Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC Countries
  • South Africa
  • Rest of Middle East and Africa

Frequently asked questions about the global aircraft hydraulic System market