Aerospace Duct Assemblies Market is Forecasted to Reach US$ 3.5 Billion in 2034, Says Stratview Research

Stratview Research, a global market research firm, has launched a report on the global aerospace duct assemblies market, which provides a comprehensive outlook of the global and regional industry forecast, current & emerging market trends, segment analysis, competitive landscape, & more.

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Market Statistics:

Market Size in 2023: US$ 2.3 billion

Market Size in 2034: US$ 3.5 billion

Growth (CAGR): 3.2% during 2024-2034

Cumulative Sales Opportunity 2024 to 2034: US$ 33.96 billion

Leading Platform Type: Commercial Aircraft

Leading Pressure Type: High-Pressure Duct Assemblies

Leading Material Type: Nickel-Chromium Alloys

Leading Application Type: Airframe

Leading Duct Type: Rigid Ducts

Leading Region: North America

Forecast Period: 2024-2034

Trend Period: 2018-2022

Base Year: 2023

Number of Segments Covered: 6

Number of Tables & Graphs: 100+

Country-Level Market Assessment: 20

Segment Insights & Market Share Analysis of the Aerospace Duct Assemblies Market:

The global aerospace duct assemblies market is segmented based on platform type, pressure type, material type, application type, duct type, and region.

Based on platform type –

·        The aerospace duct assemblies market is segmented into commercial aircraft, regional aircraft, general aviation, helicopter, military aircraft, UAV, and spacecraft. 

·        Commercial aircraft are expected to remain the pioneer whereas UAVs will be the fastest-growing platform of the market during the forecast period. Anticipated increases in the production rates of key commercial aircraft, including the B737 Max, A320neo, B787, A350XWB, and B777x, are expected to drive market demand in the coming years. Notably, aircraft programs like these are poised to create significant opportunities in the long term.

·        According to Boeing's projections, the commercial aircraft fleet size is set to double over the next 20 years, indicating a substantial growth trajectory in the industry. Commercial aircraft have intricate duct systems for various purposes, such as environmental control, pneumatic systems, and fuel delivery, necessitating a higher volume of duct assemblies. Emerging markets, particularly in Asia-Pacific and the Middle East, are experiencing significant economic growth and an expanding middle class. This leads to higher demand for air travel and consequently, more commercial aircraft orders.

Based on pressure type –

·        The market is segmented into low-pressure duct assemblies and high-pressure duct assemblies. 

·        High-pressure duct assemblies are expected to remain the dominant and faster-growing pressure type of the market during the forecast period. Airplanes and helicopters depend on high-pressure ducts that extend from the engines through the fuselage to the leading edges of the wings. These ducts serve critical functions in both high-temperature and high-pressure, as well as low-temperature and high-pressure applications, ensuring the efficient operation of aircraft systems.

·        High-pressure duct assemblies are integral to engine systems. The pursuit of higher engine efficiency often involves increased pressures, necessitating advanced high-pressure duct assemblies. The continuous evolution of more efficient turbofan engines with an increase in thrust requires an efficient ducting system that manages and distributes air and fluid at extremely high temperatures and pressures.

Based on material type –

·        The market is segmented into nickel-chromium alloys, titanium & alloys, stainless steel & alloys, composites, and others. 

·        Nickel-chromium alloys are expected to remain the most preferred material whereas composites are gaining popularity during the forecast period. Nickel-chromium alloys, often referred to as superalloys, have been the mainstay in aerospace duct assemblies due to high-temperature resistance, corrosion resistance, excellent strength-to-weight ratios, fatigue resistance, and low thermal expansion. These alloys find extensive applications in engine exhaust systems, hydraulic line tubing, and heat exchanger tubing within Environmental Control Systems (ECS).

·        Composites are increasingly preferred for low-temperature and high-pressure applications, including APU inlet, ECS inlet plenum, and APU plenum. Composites are significantly lighter than metals, leading to reduced aircraft weight, improved fuel efficiency, and lower emissions, which are crucial for meeting environmental regulations.

Based on application type –

·        The market is segmented into airframe, engine, and others. 

·        Airframe is the biggest demand generator for duct assemblies whereas engine is the fastest-growing applications during the forecast period. The airframe includes a complex network of ducts that run throughout the fuselage, wings, and tail sections, providing various functions. The total ducting system used in an aircraft's airframe for air distribution systems is determined by the aircraft's length. This system plays a crucial role in various applications such as environmental control systems (ECS), thermal anti-icing and de-icing systems, fuselage insulation, and more.

·        Continuous advancements and development of high-thrust engines propel the fastest growth of duct assemblies in engines. Modern engines are designed for higher efficiency and performance, requiring advanced duct assemblies to handle increased pressures and temperatures effectively.

Based on duct type –

·        The market is segmented into rigid ducts, semi-rigid ducts, and flexible ducts. 

·        Rigid ducts are expected to maintain their dominance whereas flexible ducts witness higher adoption in the market during the forecast period. Rigid ducts are employed extensively throughout the aircraft, spanning from the engines through the fuselage to the wings and APU connections. Rigid ducts provide superior structural integrity and stability, which are essential for applications where the ducts must maintain their shape and support the aircraft's systems, such as in high-pressure and high-temperature environments.

·        Rigid ducts are often used in critical areas like engine bleed air systems and primary environmental control systems, where precise airflow control is necessary. Flexible ducts are favored for weight optimization and are increasingly popular for low-pressure applications within the airframe, particularly in ECS and ventilation systems. Flexible ducts are easier to install in tight or complex spaces within the aircraft, allowing for more versatile routing of airflow.

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Which region shows the most promising growth forecast and opportunity?

The analysis suggests that North America is expected to remain the largest market for aerospace ducting assemblies during the forecast period. This growth outlook is mainly attributed to the following:

-      This region has a presence of a large number of major OEMs, such as Boeing, Lockheed Martin, Textron Aviation, Embraer, and Bombardier, which make the region a growth engine of the aerospace industry.

-      The presence of major aircraft engine manufacturers, such as Pratt and Whitney, GE Aviation, CFM International, and Honeywell Aerospace, in North America creates a huge demand for duct assemblies.

-      Most of the global players such as Arrowhead Products, Triumph Group, Unison Industries, and ITT Inc. drive the market for duct assemblies in the region.

Asia-Pacific is also likely to create sizeable opportunities in the coming years, driven by a growing market in India and key aircraft programs like COMAC-19 in China. Within the next ten years, the Indian market is projected to receive a minimum of 1,100 new aircraft.

Aerospace Duct Assemblies Market Drivers:

Some of the key drivers listed in the report are given below.

-      The rebound in aircraft deliveries,

-      Development of new programs,

-      Rising aircraft fleet size,

-      Growing demand for small satellites, and

-      Rising global military expenditure.

Competitive Landscape: Top Companies in the Aerospace Duct Assemblies Market:

The market is moderately fragmented, with over 20 players. Most of the major players compete on some of the governing factors, including price, service offerings, regional presence, etc. Stratview Research has identified the following companies as the top market players:

-         Eaton Corporation plc

-        Parker Hannifin Corporation

-        Senior Plc

-        Arrowhead Products

-        PFW Aerospace GmbH

-        Triumph Group

-        Unison Industries

-        Stelia North America

-        Sekisui Aerospace

-        ITT Inc.

What Unique Insights Does This Report Offer?

This report provides comprehensive insights into the aerospace duct assemblies market, answering critical questions like

-      How big is the sales opportunity?

-      Which regions offer the best sales opportunities?

-      Which are the most attractive market segments?

-      Which are the top players and their market positioning?

-      How complex is the business environment?

-      What are the factors affecting the market?

For Customization or Any Other Queries, get in Touch with our industry experts at sales@stratviewresearch.com

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Stratview Research is a global market research and consulting firm that highly specializes in IT & telecom, aerospace & defense, chemicals, and a few other industries.

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