Aircraft Pumps Market Worth 4.79 Billion USD by 2023

According to the market research report "Aircraft Pumps Market by Pressure (500psi, 3000psi, 5000psi, 6500psi) Technology (Engine Driven, Electric Motor Driven, Rat Driven, Air Driven), Type (Fuel, Hydraulic, Lubrication, Cooling), End User, Application, Region - Global Forecast to 2023", published by MarketsandMarkets™, the market is estimated at USD 3.27 Billion in 2017 and is projected to reach USD 4.79 Billion by 2023, at a CAGR of 6.57% during the forecast period. Factors, such as increase in air passenger traffic, increase in aircraft deliveries, and short replacement cycles of aircraft pumps are expected to drive the aircraft pumps market.

     (Logo: http://photos.prnewswire.com/prnh/20160303/792302 )

Browse 171 Tables and 41 Figures spread through 169 Pages and in-depth TOC on "Aircraft Pumps Market - Global Forecast to 2023"

https://www.marketsandmarkets.com/Market-Reports/aircraft-pump-market-84962943.html

Early buyers will receive 10% customization on this report 

5000 psi to 6500 psi segment, by pressure, projected to grow at the highest CAGR during the forecast period 

By pressure, the 5000 psi to 6500 psi segment of the aircraft pumps market is projected to grow at the highest CAGR during the forecast period. Owing to the increasing concerns for a decrease in the weight of aircraft hydraulic systems, demand for high pressure aircraft pumps is increasing as these pumps are light in weight.

Electric motor driven segment, by technology, projected to grow at the highest CAGR during the forecast period 

By technology, the electric motor driven segment of the aircraft pumps market is projected to grow at the highest CAGR during the forecast period, as every aircraft needs a standby pump for fluid discharge in the system in case of emergency. These pumps also need to be replaced at regular intervals.

Download PDF Brochure : https://www.marketsandmarkets.com/pdfdownload.asp?id=84962943

Air conditioning and cooling pumps segment projected to grow at the highest CAGR during the forecast period 

By pump type, the air conditioning and cooling pumps segment of the aircraft pumps market is projected to grow at the highest CAGR during the forecast period. The shorter replacement period of aircraft pumps in commercial aircraft is expected to drive this segment in comparison to the other pump type segments in the aircraft pumps market.

Asia Pacific is projected to grow at the highest CAGR during the forecast period 

The Asia Pacific region is one of the fastest-growing markets in the aircraft pumps market due to an increase in the number of flight hours and air passenger traffic. Countries, such as India and China have seen a significant increase in regional air passenger traffic. This increase in air passenger traffic and flight hours is expected to boost the demand for aircraft pumps in the Asia Pacific region during the forecast period.

Inquiry Before Buy @ https://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=84962943

Major players in the aircraft pumps market include Parker Hannifin (US), Eaton (Ireland), Honeywell (US), Zodiac Aerospace (France), Woodward (US), AeroControlex (US), and Triumph Group (US).

Browse Related Reports 

Aircraft Fuel Systems Market by Application (Commercial, Military and UAV), Engine Type (Jet engine, Turboprop engine, Helicopter engine and UAV engine), Component, Technology & Region - Global Forecasts to 2020 https://www.marketsandmarkets.com/Market-Reports/aircraft-fuel-systems-market-239047228.html

Aircraft Hydraulic System Market by Type (Open-Center, Closed-Center), Component (Reservoir, Filters, Pumps, Accumulators, Actuators, Hydraulic Fluid), Platform (Fixed, Rotary) and Region - Global Forecast to 2021
https://www.marketsandmarkets.com/Market-Reports/aircraft-hydraulic-system-market-235740803.html

Subscribe Reports from Aerospace & Defence  Domain @ http://www.marketsandmarkets.com/Knowledgestore.asp

About MarketsandMarkets™  

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Salgarkar
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
Email: sales@marketsandmarkets.com

Visit Our Blog@ http://mnmblog.org/market-research/aerospace-defence
Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets