Market Overview:
The global aircraft solenoid operated valves market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for commercial and military aircraft across the globe. Additionally, factors such as rising air traffic and technological advancements are also contributing to the growth of this market. The global aircraft solenoid operated valves market is segmented on the basis of type, application, and region. On the basis of type, it is divided into two-way solenoid valve, three-way solenoid valve, and others. The two-way solenoid valve segment dominates this market owing to its widespread use in various applications across different regions. By application, it is classified into commercial aircraft and military aircraft segments. Commercial aviation accounts for a larger share of this market as compared to military aviation due to higher demand for new passenger planes worldwide.
Product Definition:
An aircraft solenoid operated valve is a valve that uses a solenoid to open and close the valve. The importance of an aircraft solenoid operated valve is that it allows for precise control of the flow of air or fluid through the system, which can be important in maintaining the safety and performance of the aircraft.
Two-way Solenoid Valve:
The two-way solenoid valve is a device that controls the flow of fluid in response to control signals. It can be used as an alternative to conventional mechanical valves and may be employed in applications where high accuracy and reliability are required. The growth factor for this market is increasing demand from aerospace industry, due to its ability of controlling the pressure with less movement, which reduces the wear & tear on aircraft components.
Three-way Solenoid Valve:
Three-way solenoid valve and it's usage in aircraft solenoid operated valves market is expected to witness significant growth over the forecast period. The three-way solenoid valve is a critical component used in hydraulic systems of an aircraft. It controls the flow of a fluid by opening, closing, and regulating the flow between two or more channels.
Application Insights:
Commercial aircraft application segment led the market and accounted for more than 60.0% share of the global revenue in 2017. The commercial aircraft are designed to transport passengers and cargo over long distances, with a single flight crewmember in command, along with a substantial number of passenger seats. These factors have resulted in an increased demand for Aircraft Solenoid Operated Valves (ASOV) across various applications within the commercial aviation industry, such as lavatory flush valves on Boeing 737NG/NGX family of narrow-body airliners; galley water heaters on Airbus A320/321 family; lavatory flushes on Embraer EMB-170/190 regional jet; and kitchen water heaters on Bombardier CSeries narrow-body jetliner series.
The military aircraft application segment is expected to witness significant growth over the forecast period owing to increasing defense expenditure by countries such as U.S.
Regional Analysis:
North America is expected to dominate the global aircraft solenoid operated valves market over the forecast period. The growth can be attributed to increasing demand for commercial and military aircraft in countries such as U.S., Canada, and Mexico. In addition, rising investments by Boeing and Airbus are also anticipated to drive product demand in North America region over the forecast period.
Europe is estimated to be second-largest regional market due to high production of passenger as well as military aircraft in countries such as Germany, UK, France among others.
Growth Factors:
- Increasing demand for aircrafts due to rise in air travel
- Growing number of aircraft deliveries by leading manufacturers
- Rising adoption of solenoid operated valves in commercial and military aircrafts
- Technological advancements in solenoid operated valves
- Growing demand for fuel-efficient and environment-friendly aircrafts
Scope Of The Report
Report Attributes
Report Details
Report Title
Aircraft Solenoid Operated Valves Market Research Report
By Type
Two-way Solenoid Valve, Three-way Solenoid Valve, Others
By Application
Commercial Aircraft, Military Aircraft
By Companies
ITT Aerospace, Lee, Ram, Curtiss Wright, Meggitt, CIRCOR, Magnet-Schultz, Crissair, GW Lisk, Eaton, ITT Aerospace, Marotta Controls, Valve Research, Westfield Hydraulics, Allen Aircraft Products
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
213
Number of Tables & Figures
150
Customization Available
Yes, the report can be customized as per your need.
Global Aircraft Solenoid Operated Valves Market Report Segments:
The global Aircraft Solenoid Operated Valves market is segmented on the basis of:
Types
Two-way Solenoid Valve, Three-way Solenoid Valve, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Commercial Aircraft, Military Aircraft
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- ITT Aerospace
- Lee
- Ram
- Curtiss Wright
- Meggitt
- CIRCOR
- Magnet-Schultz
- Crissair
- GW Lisk
- Eaton
- ITT Aerospace
- Marotta Controls
- Valve Research
- Westfield Hydraulics
- Allen Aircraft Products
Highlights of The Aircraft Solenoid Operated Valves Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Two-way Solenoid Valve
- Three-way Solenoid Valve
- Others
- By Application:
- Commercial Aircraft
- Military Aircraft
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Aircraft Solenoid Operated Valves Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Understanding Competition Scenario
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Aircraft solenoid operated valves are used to control the flow of air or fluid through an aircraft system. They are activated by a solenoid, which is a coil of wire that is powered by an electric current. When the current flows through the coil, it creates a magnetic field. This field attracts metal parts in the valve, such as springs and washers, which causes them to close off the flow of air or fluid.
Some of the major players in the aircraft solenoid operated valves market are ITT Aerospace, Lee, Ram, Curtiss Wright, Meggitt, CIRCOR, Magnet-Schultz, Crissair, GW Lisk, Eaton, ITT Aerospace, Marotta Controls, Valve Research, Westfield Hydraulics, Allen Aircraft Products.
The aircraft solenoid operated valves market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Aircraft Solenoid Operated Valves Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Aircraft Solenoid Operated Valves Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Aircraft Solenoid Operated Valves Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Aircraft Solenoid Operated Valves Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Aircraft Solenoid Operated Valves Market Size & Forecast, 2018-2028
4.5.1 Aircraft Solenoid Operated Valves Market Size and Y-o-Y Growth
4.5.2 Aircraft Solenoid Operated Valves Market Absolute $ Opportunity
Chapter 5 Global Aircraft Solenoid Operated Valves Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Aircraft Solenoid Operated Valves Market Size Forecast by Type
5.2.1 Two-way Solenoid Valve
5.2.2 Three-way Solenoid Valve
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Aircraft Solenoid Operated Valves Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Aircraft Solenoid Operated Valves Market Size Forecast by Applications
6.2.1 Commercial Aircraft
6.2.2 Military Aircraft
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Aircraft Solenoid Operated Valves Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Aircraft Solenoid Operated Valves Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Aircraft Solenoid Operated Valves Analysis and Forecast
9.1 Introduction
9.2 North America Aircraft Solenoid Operated Valves Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Aircraft Solenoid Operated Valves Market Size Forecast by Type
9.6.1 Two-way Solenoid Valve
9.6.2 Three-way Solenoid Valve
9.6.3 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Aircraft Solenoid Operated Valves Market Size Forecast by Applications
9.10.1 Commercial Aircraft
9.10.2 Military Aircraft
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Aircraft Solenoid Operated Valves Analysis and Forecast
10.1 Introduction
10.2 Europe Aircraft Solenoid Operated Valves Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Aircraft Solenoid Operated Valves Market Size Forecast by Type
10.6.1 Two-way Solenoid Valve
10.6.2 Three-way Solenoid Valve
10.6.3 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Aircraft Solenoid Operated Valves Market Size Forecast by Applications
10.10.1 Commercial Aircraft
10.10.2 Military Aircraft
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Aircraft Solenoid Operated Valves Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Aircraft Solenoid Operated Valves Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Aircraft Solenoid Operated Valves Market Size Forecast by Type
11.6.1 Two-way Solenoid Valve
11.6.2 Three-way Solenoid Valve
11.6.3 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Aircraft Solenoid Operated Valves Market Size Forecast by Applications
11.10.1 Commercial Aircraft
11.10.2 Military Aircraft
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Aircraft Solenoid Operated Valves Analysis and Forecast
12.1 Introduction
12.2 Latin America Aircraft Solenoid Operated Valves Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Aircraft Solenoid Operated Valves Market Size Forecast by Type
12.6.1 Two-way Solenoid Valve
12.6.2 Three-way Solenoid Valve
12.6.3 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Aircraft Solenoid Operated Valves Market Size Forecast by Applications
12.10.1 Commercial Aircraft
12.10.2 Military Aircraft
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Aircraft Solenoid Operated Valves Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Aircraft Solenoid Operated Valves Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Aircraft Solenoid Operated Valves Market Size Forecast by Type
13.6.1 Two-way Solenoid Valve
13.6.2 Three-way Solenoid Valve
13.6.3 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Aircraft Solenoid Operated Valves Market Size Forecast by Applications
13.10.1 Commercial Aircraft
13.10.2 Military Aircraft
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Aircraft Solenoid Operated Valves Market: Competitive Dashboard
14.2 Global Aircraft Solenoid Operated Valves Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 ITT Aerospace
14.3.2 Lee
14.3.3 Ram
14.3.4 Curtiss Wright
14.3.5 Meggitt
14.3.6 CIRCOR
14.3.7 Magnet-Schultz
14.3.8 Crissair
14.3.9 GW Lisk
14.3.10 Eaton
14.3.11 ITT Aerospace
14.3.12 Marotta Controls
14.3.13 Valve Research
14.3.14 Westfield Hydraulics
14.3.15 Allen Aircraft Products
