Market Overview:
The global aircraft vacuum pump market is estimated to be valued at US$ 1,362.8 Mn in 2018 and is projected to reach US$ 2,521.4 Mn by 2030, registering a CAGR of 6.9% from 2018 to 2030. The growth of the global aircraft vacuum pump market can be attributed to the increasing demand for commercial and passenger aircraft across the globe. Additionally, the increasing adoption of electric vehicles is also expected to fuel the growth of the global aircraft vacuum pump market during forecast period. On basis of type, OEMs segment is anticipated to account for majority share in terms revenue contribution in global Aircraft Vacuum Pump Market over forecast period followed by aftermarket segment . However , on basis o f volume , aft ermark et segm ent i s expec ted t o ac count for major share i n globa l airc raft vacuu m pu mp mark et durin g foreca st peri od .
Product Definition:
An aircraft vacuum pump is a device that extracts air from the engine's induction system and the cabin. Its purpose is to maintain a high level of vacuum in the system, which is necessary for proper engine operation and cabin pressurization.
OEMs:
OEMs are the manufacturer's designation for the products he/she has collaborated with in order to use their name and symbol on the product. In most cases, OEMs are a company's contracted partners that provide services ranging from design and development of an entire system or component to after-sales support. These companies have access to a company’s proprietary technology as well as resources enabling them to develop high-quality products resulting in superior performance compared with other competitors.
Aftermarket:
Aftermarket is the second hand or new equipment of any product. Aftermarket products are those which are manufactured after the first production but before delivery to the end user. In other words, it is a secondary source for manufacturing and purchasing of goods and services. The industry deals with two types of products namely; consumer durable goods such as vacuum pumps, lighting systems, electronic components & home appliances; and non-consumer durable goods such as aircraft parts & defense weapons.
Application Insights:
Propeller aircraft application segment held the largest share of over 40.0% in 2017. The demand for VV is expected to increase as these pumps are more efficient and produce lower maintenance cost as compared to their counterparts. Moreover, increasing number of low-cost carriers is likely to result in an increased number of propeller aircraft across the globe, thereby driving the market growth during the forecast period.
Jet aircraft application segment is projected to witness significant growth over the forecast period owing to rising demand from emerging economies such as China, India and Brazil which have burgeoning middle-class population groups that can afford a luxury travel experience with jetliners seating more than 200 passengers each.
Regional Analysis:
North America accounted for the largest market share in 2017 owing to the presence of a large number of aircraft manufacturers and aftermarket service providers. The region is expected to maintain its dominance over the forecast period. This can be attributed to increasing production and sales of general aviation aircraft, especially in U.S., as well as high usage rates for business jets, helicopters, and other such applications across various industries within North America countries.
Asia Pacific is anticipated to witness significant growth rate during the forecast period due to rising disposable income coupled with growing adoption by individuals & small businesses across developing economies including China & India on account of low maintenance cost compared with their counterparts based in Europe or North America.
Growth Factors:
- Increasing demand for aircrafts in the commercial and defense sectors
- Growing air traffic across the globe
- Proliferation of low-cost carriers and increase in passenger traffic
- Development of more fuel-efficient aircraft engines
- Expansion of airport infrastructure
Scope Of The Report
Report Attributes
Report Details
Report Title
Aircraft Vacuum Pump Market Research Report
By Type
OEMs, Aftermarket
By Application
Propeller Aircraft, Jet Aircraft, Rotorcraft, Others
By Companies
Cessna Aircraft, Piper Aircraft, Lycoming, Tempest A/Accessories, AeroShell, Sky-Tec Starters, Weldon Pump Inc, Rapco, Cessna Aircraft
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
142
Number of Tables & Figures
100
Customization Available
Yes, the report can be customized as per your need.
Global Aircraft Vacuum Pump Market Report Segments:
The global Aircraft Vacuum Pump market is segmented on the basis of:
Types
OEMs, Aftermarket
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
Propeller Aircraft, Jet Aircraft, Rotorcraft, Others
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:
- Cessna Aircraft
- Piper Aircraft
- Lycoming
- Tempest A/Accessories
- AeroShell
- Sky-Tec Starters
- Weldon Pump Inc
- Rapco
- Cessna Aircraft
Highlights of The Aircraft Vacuum Pump 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:
- OEMs
- Aftermarket
- By Application:
- Propeller Aircraft
- Jet Aircraft
- Rotorcraft
- Others
- 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 Vacuum Pump 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
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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 vacuum pump is a device used to evacuate air from an aircraft. It is also known as a vacuum pump, blower or fan.
Some of the major companies in the aircraft vacuum pump market are Cessna Aircraft, Piper Aircraft, Lycoming, Tempest A/Accessories, AeroShell, Sky-Tec Starters, Weldon Pump Inc, Rapco, Cessna Aircraft.
The aircraft vacuum pump market is expected to register a CAGR of 6.9%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Aircraft Vacuum Pump 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 Vacuum Pump Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Aircraft Vacuum Pump 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 Vacuum Pump 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 Vacuum Pump Market Size & Forecast, 2018-2028
4.5.1 Aircraft Vacuum Pump Market Size and Y-o-Y Growth
4.5.2 Aircraft Vacuum Pump Market Absolute $ Opportunity
Chapter 5 Global Aircraft Vacuum Pump 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 Vacuum Pump Market Size Forecast by Type
5.2.1 OEMs
5.2.2 Aftermarket
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Aircraft Vacuum Pump 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 Vacuum Pump Market Size Forecast by Applications
6.2.1 Propeller Aircraft
6.2.2 Jet Aircraft
6.2.3 Rotorcraft
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Aircraft Vacuum Pump 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 Vacuum Pump 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 Vacuum Pump Analysis and Forecast
9.1 Introduction
9.2 North America Aircraft Vacuum Pump 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 Vacuum Pump Market Size Forecast by Type
9.6.1 OEMs
9.6.2 Aftermarket
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 Vacuum Pump Market Size Forecast by Applications
9.10.1 Propeller Aircraft
9.10.2 Jet Aircraft
9.10.3 Rotorcraft
9.10.4 Others
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 Vacuum Pump Analysis and Forecast
10.1 Introduction
10.2 Europe Aircraft Vacuum Pump 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 Vacuum Pump Market Size Forecast by Type
10.6.1 OEMs
10.6.2 Aftermarket
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 Vacuum Pump Market Size Forecast by Applications
10.10.1 Propeller Aircraft
10.10.2 Jet Aircraft
10.10.3 Rotorcraft
10.10.4 Others
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 Vacuum Pump Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Aircraft Vacuum Pump 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 Vacuum Pump Market Size Forecast by Type
11.6.1 OEMs
11.6.2 Aftermarket
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 Vacuum Pump Market Size Forecast by Applications
11.10.1 Propeller Aircraft
11.10.2 Jet Aircraft
11.10.3 Rotorcraft
11.10.4 Others
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 Vacuum Pump Analysis and Forecast
12.1 Introduction
12.2 Latin America Aircraft Vacuum Pump 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 Vacuum Pump Market Size Forecast by Type
12.6.1 OEMs
12.6.2 Aftermarket
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 Vacuum Pump Market Size Forecast by Applications
12.10.1 Propeller Aircraft
12.10.2 Jet Aircraft
12.10.3 Rotorcraft
12.10.4 Others
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 Vacuum Pump Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Aircraft Vacuum Pump 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 Vacuum Pump Market Size Forecast by Type
13.6.1 OEMs
13.6.2 Aftermarket
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 Vacuum Pump Market Size Forecast by Applications
13.10.1 Propeller Aircraft
13.10.2 Jet Aircraft
13.10.3 Rotorcraft
13.10.4 Others
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 Vacuum Pump Market: Competitive Dashboard
14.2 Global Aircraft Vacuum Pump Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Cessna Aircraft
14.3.2 Piper Aircraft
14.3.3 Lycoming
14.3.4 Tempest A/Accessories
14.3.5 AeroShell
14.3.6 Sky-Tec Starters
14.3.7 Weldon Pump Inc
14.3.8 Rapco
14.3.9 Cessna Aircraft
