Global Aircraft Fluid Power Components Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Product Type;

Reservoir, Filters, Pumps, Valves, Accumulators, Electric motor, and Tank.

By Application;

Commercial Aircrafts and Military Aircrafts.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn241460936 Published Date: January, 2025 Updated Date: February, 2025

Introduction

Global Aircraft Fluid Power Components Market (USD Million), 2021 - 2031

In the year 2024, the Global Aircraft Fluid Power Components Market was valued at USD 3173.76 million. The size of this market is expected to increase to USD 4465.80 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 5.0%.

The global aircraft fluid power components market stands as a vital sector within the aviation industry, playing a pivotal role in the efficient functioning of various aircraft systems. These components encompass a range of hydraulic and pneumatic devices that enable the precise control and operation of critical functions such as landing gear deployment, flight control surfaces, and braking systems. As the aviation industry continues to evolve with technological advancements and growing demands for safer and more efficient air travel, the demand for high-performance fluid power components remains robust.

One of the key drivers propelling the growth of the aircraft fluid power components market is the increasing emphasis on aircraft safety and reliability. Fluid power systems offer inherent advantages in terms of robustness, responsiveness, and redundancy, making them indispensable in ensuring the smooth operation of vital aircraft functions even in challenging conditions. Moreover, with the rising demand for lightweight yet durable materials in aircraft manufacturing, there is a growing focus on developing innovative fluid power components that offer superior performance while minimizing weight and space requirements.

The expansion of the global aviation fleet, driven by growing air passenger traffic and cargo transportation needs, continues to fuel the demand for aircraft fluid power components. Airlines and aircraft operators are increasingly investing in fleet modernization and upgrades to enhance operational efficiency and comply with stringent regulatory standards. This, in turn, drives the adoption of advanced fluid power technologies that offer improved reliability, reduced maintenance requirements, and enhanced performance over traditional mechanical systems.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product Type
    2. Market Snapshot, By Application
    3. Market Snapshot, By Region
  4. Global Aircraft Fluid Power Components Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Technological Advancements
        2. Growing Air Travel Demand
        3. Increasing Aircraft Fleet Expansion
      2. Restraints
        1. Stringent Regulatory Standards
        2. High Maintenance Costs
        3. Volatility in Raw Material Prices
      3. Opportunities
        1. Emergence of Electric Aircraft
        2. Integration of IoT and AI in Fluid Power Systems
        3. Expansion in Military Aircraft Procurement
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Aircraft Fluid Power Components Market, By Product Type, 2021 - 2031 (USD Million)
      1. Reservoir
      2. Filters
      3. Pumps
      4. Valves
      5. Accumulators
      6. Electric motor
      7. Tank
    2. Global Aircraft Fluid Power Components Market, By Application, 2021 - 2031 (USD Million)
      1. Commercial Aircrafts
      2. Military Aircrafts
    3. Global Aircraft Fluid Power Components Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Parker Hannifin Corporation
      2. Eaton Corporation
      3. Woodward, Inc.
      4. Honeywell International Inc.
      5. Moog Inc.
      6. Triumph Group, Inc.
      7. Liebherr Group
      8. Safran SA
      9. United Technologies Corporation (UTC)
      10. Meggitt PLC
  7. Analyst Views
  8. Future Outlook of the Market