The listing/positioning of key players is derived by considering multiple parameters such as overall revenue, segment revenue, brand image, current aircraft valve solution & service portfolio, R&D expenditure, customer/user base, geographic reach, new product/service launches, market initiatives, mergers & acquisitions, and other market-related activities. Crissair, Inc., Moog Inc., Parker Hannifin Corporation, Safran S.A, and Triumph Group, Inc. are few other notable players that were studied during the market study. In addition to these players, multiple other leading global and regional market players, emerging companies, market disruptors and niche market players were studied and analyzed during the course of this study.
COLLINS AEROSPACE, A RAYTHEON TECHNOLOGIES CORPORATION COMPANY, EATON CORPORATION PLC, HONEYWELL INTERNATIONAL INC., ITT INC., AND MEGGITT PLC – PROMINENT MARKET PARTICIPANTS IN AIRCRAFT VALVE MARKET
The market for aircraft valve is segmented into product type, valve type, aircraft type, end user, and geography. Based on product type the aircraft valve market is divided into fuel system valves, hydraulic system valves, air conditioning system valves, lubrication systems valves, and others. Lubrication system valves segment is projected to be the fastest growing segment over the forecast period. On the basis of valve type, the market is segmented into pilot valves, poppet valves, flapper-nozzle valves, and others. The poppet valves segment contributed the largest revenue share in 2019. Based on aircraft type, the market is segmented into fixed-wing and rotary-wing. The fixed-wing segment contributed the largest revenue share in 2019. On basis of end user, the market is segmented into OEM and MRO. The OEM segment contributed the largest revenue share in 2019. On the basis of geography, the aircraft valve market is broadly segmented into North America, Europe, Asia Pacific (APAC), the Middle East and Africa (MEA), and South America (SAM). In 2019, North America held the largest share of the market, followed by Europe and APAC, respectively. The market in Europe is projected to grow at the fastest CAGR during 2020–2027.
Most of the market initiatives were observed in North America region, which has a high potential for aircraft valve providers. Few of the important market initiatives and product developments from the industry are mentioned below:
| Year | News | Country |
| 2020 | Collins Aerospace Systems, a unit of United Technologies Corporation, opened a 110,000-square-foot facility in Haltom City, Texas. The new facility manufactures landing gear for military aircraft, repair, and overhaul (MRO) operations, and perform wheel & brake maintenance for airlines. | North America |
| 2020 | Honeywell International Inc. signed an agreement with Sherwood Aviation to distribute mechanical components and other products on government and military platforms. | North America |
