Aerospace Fluid Conveyance System Market : Information, Figures and Analytical Insights 2017 – 2027
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<strong>Aerospace</strong> <strong>Fluid</strong> <strong>Conveyance</strong> <strong>System</strong> <strong>Market</strong> : Latest<br />
Innovations, Drivers <strong>and</strong> Industry Key Events <strong>2017</strong> - <strong>2027</strong><br />
November 2016<br />
Report Id : REP-GB-2903<br />
Status : Ongoing<br />
Category : Automotive & Transportation<br />
©2015 Future <strong>Market</strong> <strong>Insights</strong>, All Rights Reserved
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<strong>Aerospace</strong> <strong>Fluid</strong> <strong>Conveyance</strong> <strong>System</strong> <strong>Market</strong><br />
A fluid conveyance system comprises of components that carry critical liquids <strong>and</strong> gases throughout an<br />
aircraft. These components are primarily responsible for managing & distributing the flow of fluids in low<br />
as well as high pressure & temperature areas of rotary winged <strong>and</strong> fixed winged aircraft for both civil <strong>and</strong><br />
military aviation. Some of the major components are valves, high pressure joints, fuses, hose fittings,<br />
couplings, ducts <strong>and</strong> others. Each component is deployed to serve its critical purpose across different<br />
parts of the aircraft. For instance, duct systems are primarily classified into major application areas,<br />
namely, high pressure <strong>and</strong> low pressure application. Components in high pressure duct systems are<br />
deployed throughout the aircraft, from leading edges of the wings, through the fuselage, <strong>and</strong> engines,<br />
whereas low pressure ducts are used in low pressure <strong>and</strong> temperature areas, such as the transition duct,<br />
cabin sidewall riser duct, windscreen demisting, flight deck air distribution, flight deck instrumentation<br />
cooling, avionics ventilation, cabin recirculation, <strong>and</strong> air conditioning supply.<br />
Demographics such as growing population <strong>and</strong> urbanization are further boosting the dem<strong>and</strong> for<br />
transportation. Especially, the developing region of Asia, which is expected to fuel the growth of the<br />
global aerospace fluid conveyance system market. Further, shifting business activity from traditional<br />
western markets <strong>and</strong> increasing goods flow around the globe is driving the growth of the global<br />
aerospace fluid conveyance system market.<br />
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<strong>Aerospace</strong> <strong>Fluid</strong> <strong>Conveyance</strong> <strong>System</strong> <strong>Market</strong><br />
Consumption of alternative fuels, need for lightweight materials <strong>and</strong> dem<strong>and</strong> for energy efficient engines<br />
& components are some of the major trends identified across the global aerospace fluid conveyance<br />
system market. In order to increase profitability, aircraft OEMs are engaging in several cost reduction<br />
initiatives, such as establishing new commercial terms, shifting to low cost processes, <strong>and</strong> working with<br />
supply chain integrators to close loop on materials.<br />
Global <strong>Aerospace</strong> <strong>Fluid</strong> <strong>Conveyance</strong> <strong>System</strong> <strong>Market</strong>: Segmentation<br />
The global aerospace fluid conveyance system market is segmented on the basis of end-use, aircraft type<br />
component, application, <strong>and</strong> region.<br />
On the basis of end-use, the global aerospace fluid conveyance system market can be segmented into<br />
general aviation, civil aviation, <strong>and</strong> military aircraft.<br />
By aircraft type, the global aerospace fluid conveyance system market can be segmented into passenger<br />
aircraft, cargo aircraft, defence aircraft, <strong>and</strong> helicopters.<br />
Based on component, the global aerospace fluid conveyance system market can be segmented into<br />
bellows, joints, tube fittings, couplings, flanges, <strong>and</strong> ducts.<br />
Based on application, the global aerospace fluid conveyance system market can be segmented into<br />
engine conveyance system <strong>and</strong> airframe conveyance system.<br />
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<strong>Aerospace</strong> <strong>Fluid</strong> <strong>Conveyance</strong> <strong>System</strong> <strong>Market</strong><br />
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Global <strong>Aerospace</strong> <strong>Fluid</strong> <strong>Conveyance</strong> <strong>System</strong> <strong>Market</strong>: Regional Outlook<br />
Western Europe is expected to emerge as a rapidly growing region in the global aerospace fluid<br />
conveyance market, primarily due to the increasing number of aerospace production <strong>and</strong> assembly sites<br />
in the region. Overall, in the global aerospace fluid conveyance system market, Europe is estimated to<br />
hold a large market share in terms of revenue contribution, followed by North America. Major aircraft<br />
manufacturers are shifting their focus towards the Asia Pacific region for production to serve the larger<br />
market; this is identified as one of the key trends in the global aerospace fluid conveyance system<br />
market. Existing fleet maintenance, repair <strong>and</strong> operations (MRO) is also driving the growth of the global<br />
aerospace fluid conveyance system market. Around one-third of the global fleet is present in North<br />
America, with twenty percent in Western Europe. However, composition of fleet is changing significantly.<br />
With North America undergoing significant re-fleeting, it is expected to see its share decline due to its<br />
limited net growth. Emerging markets are expected to gain a great share of the global aerospace fluid<br />
conveyance system market, <strong>and</strong> therefore represent areas of MRO growth.<br />
Global <strong>Aerospace</strong> <strong>Fluid</strong> <strong>Conveyance</strong> <strong>System</strong> <strong>Market</strong>: Competition L<strong>and</strong>scape<br />
Examples of some of the industry participants identified in the global aerospace fluid conveyance system<br />
market are Parker Hannifin Corp, EATON CORPORATION, Senior plc, Flexfab Horizons International, Inc.,<br />
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<strong>Aerospace</strong> <strong>Fluid</strong> <strong>Conveyance</strong> <strong>System</strong> <strong>Market</strong><br />
<strong>and</strong> Unison, LLC. Major players in the global aerospace fluid conveyance system market are aggressively<br />
focusing towards investment in the research & development of new products, primarily to ensure that<br />
new products enter production profitably <strong>and</strong> are in line with customer milestones. Further, developing<br />
strategic customer relationships, execution of development programs, portfolio expansion <strong>and</strong><br />
acquisition of new or adjacent technologies are key success factors of the market.<br />
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