Aircraft Valves Market: Introduction
A valve is a multi-purpose device, which is a part of the combustion engine of an aircraft as well as other operating systems such as HVAC system, lubrication systems, etc. and is generally used to control the flow of fluids in and out of the cylinder in the form of slurries, liquids, gases and fluidized solids. It mainly handles the mechanism of opening and closing of paths. Aircraft valves are generally divided into two categories, namely inlet valves and outlet valves. An inlet valve allows the fluid to enter the cylinder and an outlet valve allows fluid or gases to escape from the chamber. Proper synchronization is required between the inlet and outlet valves for the efficient working of an aircraft. If the synchronization is improper, then it may result in malfunctioning and the engine or the other systems may also emit harmful gases or problems such as leakage, overflow, or permanent failure may occur for the aircraft systems. Other aircraft valves include aircraft fuel system valves, aircraft lubrication system valves, aircraft air conditioning system valves, aircraft hydraulic system valves, pneumatic system valves, aircraft ice & rain protection system valves and water & waste system valves.
The global aircraft valve market is expected to grow in the upcoming years, owing to the increasing demand for aircrafts with advanced and eco-friendly engines and other related systems that require valves for its operation in the global market. The demand for aircraft valves is prominently growing in the global market, due to the inclination of costumers towards the fastest transportation available and also the increasing freight and trade through airways. Aircraft valves can be pneumatic, hydraulic, mechanically operated depending upon the requirement. Valves play a significant role in determining the performance of the aircrafts and hence, the growing demand for aircrafts in the global market will consequently propel the demand for aircraft valves over the forecast period.
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Aircraft Valves Market: Regional Outlook
Asia-Pacific is estimated to hold a prominent share of the aircraft valves market in the long run. Developing countries, such as India and China, are significant players in boosting the demand for aircrafts, which in turn is supporting growth of the aircraft valves market. Furthermore, automation and up gradation of technology are propelling demand for the global aircraft valves market. Europe, North America and Middle East and Africa are continuously witnessing infrastructural growth, which in turn is creating a demand for aircrafts. Attributing to this, the aircraft valves market is estimated to grow in the upcoming future in the mentioned regions.
Aircraft Valves Market: Key Participants
Examples of some of the market participants in the global aircraft valves market are:
ITT Aerospace Controls
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Regional analysis includes:
North America (U.S., Canada)
Latin America (Mexico. Brazil)
Europe (Germany, Italy, France, U.K, Spain, Poland, Russia)
Asia Pacific (China, India, Japan, ASEAN, Australia & New Zealand)
Middle East and Africa (GCC Countries, S. Africa, Northern Africa)
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Aircraft Valves Market Expected to Expand at a Steady CAGR through 2018-2028
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