The future of the global aerospace accumulator market looks promising with opportunities in commercial aircraft, regional aircraft, general aviation, helicopter, and military aircraft. The global aerospace accumulator market is expected to grow with a CAGR of 4.7% from 2017 to 2022. The major drivers of growth for this market are increasing aircraft delivery, increasing demand for wide body aircraft, and increasing demand for metal bellow accumulators in new aircraft and aircraft variants.
Emerging trends, which have a direct impact on the dynamics of the industry, include the use of composites as outer cover in steel accumulator for weight reduction and maintenance free accumulators to reduce maintenance costs.
The study includes a forecast for the global aerospace accumulator market by aircraft type, product type, material type, and region as follows:
Aerospace accumulator market by Product Type (Value ($ million) and Volume (units) from 2011 to 2022):
Metal bellows accumulator
Aerospace accumulator market by Aircraft Type (Value ($ million) and Volume (units) from 2011 to 2022):
Aerospace accumulator market by Material Type (Value ($ million) 2016):
Aerospace accumulator market by Region (Value ($ million) from 2011 to 2022):
Rest of World
Aerospace accumulator companies profiled in this market report include Parker Hannifin, Eaton Corporation, Triumph Group, Inc., Senior Aerospace, HYDAC Technology, and APPH Group.
On the basis of our comprehensive research, Lucintel predicts that metal bellows accumulator is expected to show above average growth during the forecast period.
Within aircraft type, the commercial aircraft segment is expected to remain the largest market during the forecast period. Commercial aircraft are the largest in size, so they require larger accumulators that are costlier than any other type of aircraft.
North America is expected to remain the largest region during the forecast period due to high demand for newer aircraft and the ongoing replacement of an aging fleet. Aircraft accumulator demand is directly proportional to aircraft delivery.
Some of the features of “Growth Opportunities in the Global Aerospace Accumulator Market 2017-2022: Trends, Forecast, and Opportunity Analysis” include:
Market size estimates: Global aerospace accumulator market size estimation in terms of value ($M) and volume (units) shipment.
Trend and forecast analysis: Market trend (2011-2016) and forecast (2017-2022) by region and segments.
Segmentation analysis: Global aerospace accumulator market size by various applications such as product, aircraft, and material in terms of value and volume shipment
Regional analysis: Global aerospace accumulator market breakdown by key regions such as North America, Europe, Asia Pacific, and Rest of the World.
Growth opportunities: Analysis on growth opportunities in different applications and regions.
Strategic analysis: This includes M&A, new product development, competitive landscape, and expansion strategies of global aerospace accumulator suppliers.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
This report answers the following 11 key questions:
Q.1 What are some of the most promising, high-growth opportunities for the aerospace accumulator market by product type (Piston, Metal Bellows, and Bladder), aircraft type (Commercial Aircraft, Regional Aircraft, General Aviation, Helicopter, and Military Aircraft), material type (steel and hybrid), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2 Which product segments will grow at a faster pace and why?
Q.3 Which region will grow at a faster pace and why?
Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of aerospace accumulator market?
Q.5 What are the business risks and threats of this market?
Q.6 What are the emerging trends in this market and the reasons behind them?
Q.7 What are some of the changing demands of customers in aerospace accumulator market?
Q.8 What are the new developments in the market and which companies are leading these developments?
Q.9 Who are the major players in this market? What strategic initiatives are being implemented by key players for business growth?
Q.10 What are some of the competitive products in this area and how great a threat do they pose for loss of market share through product substitution?
Q.11 What M&A activity has occurred in the last 5 years and what has its impact been on the industry?