Market Size in 2024 | Market Forecast in 2034 | CAGR (in %) | Base Year |
---|---|---|---|
USD 12.13 Billion | USD 39.41 Billion | 12.5% | 2024 |
The global aircraft hydraulic systems market size was worth around USD 12.13 billion in 2024 and is predicted to grow to around USD 39.41 billion by 2034, with a compound annual growth rate (CAGR) of roughly 12.5% between 2025 and 2034.
Any aircraft parts or equipment that depend on fluid or gas pressure for operation must be maintained by aircraft hydraulic systems. The smallest modern aircraft employ these technologies in a variety of ways, as they are built to be reliable as well as efficient. The simplicity of aircraft hydraulic systems is a key factor in their widespread use.
Hydraulics' mechanical principles enable complicated actions to be carried out with the fewest possible moving elements. The likelihood of a system failure is decreased by having fewer parts, and technicians can assist in guaranteeing the lifetime and reliability of these systems by conducting routine checks on aircraft hydraulics and performing necessary maintenance.
Increasing demand for commercial aircraft drives market growth
The growing market for commercial airplanes substantially stimulates the aircraft hydraulic systems sector. New aircraft demand is driven by low-cost airline expansion and growing aviation traffic. This, in turn, underscores the importance of aviation hydraulic systems, which enable the safe and effective operation of aircraft.
For the next twenty years, the International Air Transportation Association (IATA) projects an average yearly passenger traffic increase of 4.1%. Rising demand for air travel in developing countries like China and India is likely to fuel this increase. The growth in air travel is predicted to also raise demand for aircraft, which will propel demand for aircraft hydraulic systems.
Growing demand for electric aircraft hinders market growth
A key obstacle to the global aircraft hydraulic systems market is the rising trend toward electric-based substitutes. Electric actuation systems are becoming more and more popular as they can offer a better energy economy, reduced maintenance needs, and less environmental impact than conventional hydraulic systems.
Particularly in smaller aircraft and unmanned aerial vehicles (UAVs), exploring electric actuation technology is growing in popularity as the aviation industry stresses sustainability and ecologically friendly solutions. The growing use of electric alternatives poses a threat to the market expansion of aircraft hydraulic systems, as it forces the industry to contend with competition from new electric-based technologies.
Rising collaboration offers a lucrative opportunity for market growth
The growing collaboration among the key market players is expected to flourish the aircraft hydraulic systems industry over the projected period. For instance, in October 2024, to improve cooperation and better meet the needs of their respective constituents, SAE International® and ASD-STAN formally signed an updated version of their long-standing Memorandum of Understanding (MoU).
By creating technically identical standards for high-pressure hydraulic systems, this partnership seeks to guarantee uniformity and quality in the aerospace sector. To standardize parts like tubes, pipes, fittings, couplings, caps, plugs, and clamps, ASD-STAN D03/WG03 is essential. The working group's dedication to promoting quality and innovation in aircraft fluid system components is strengthened by this partnership.
High development and maintenance costs pose a major challenge to market expansion
One of the primary obstacles to the aircraft hydraulic systems market is the huge expenses of development and maintenance. Along with producers, end users (airlines, defense operators, and MRO providers) depend on this component. It also affects choices about purchases and the acceptance of new technologies significantly.
Designing sophisticated hydraulic systems that meet rigorous aircraft safety, performance, and weight criteria requires extensive research and development, simulation, and prototyping. International aviation safety standards (like those established by the FAA, EASA, and others) also require extensive testing, documentation, and validation, therefore greatly extending development timeframes and expenses.
Report Attributes | Report Details |
---|---|
Report Name | Aircraft Hydraulic Systems Market |
Market Size in 2024 | USD 12.13 Billion |
Market Forecast in 2034 | USD 39.41 Billion |
Growth Rate | CAGR of 12.5% |
Number of Pages | 214 |
Key Companies Covered | Liebherr-International Deutschland GmbH, Parker-Hannifin Corporation, Safran S.A., Eaton Corporation plc, Triumph Group Inc., Moog Inc., Woodward Inc., Crane Co., Arkwin Industries Inc., Mitsubishi Heavy Industries Ltd., Kawasaki Heavy Industries Ltd., Sumitomo Precision Products Co. Ltd., Goodrich Corporation, Senior plc, GKN Aerospace, Magellan Aerospace Corporation, Embraer S.A., and others. |
Segments Covered | By Platform, By Component, By Application, and By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2024 |
Historical Year | 2019 to 2023 |
Forecast Year | 2025 - 2034 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
The global aircraft hydraulic systems industry is segmented based on platform, component, application, and region.
Based on the platform, the global aircraft hydraulic systems market is bifurcated into fixed wing, rotary wing, and unmanned aerial vehicles. The fixed wing segment is expected to hold the largest market share over the forecast period. The main causes of this are the continuous fleet modernization initiatives and the rise in the global purchase of both military and commercial aircraft.
The need for sophisticated narrow and broad-body jets is also being driven by the sharp rise in international air travel, which demands sophisticated hydraulic systems to guarantee braking, landing gear movements, and flight control actuation.
Additionally, financing for next-generation fighter jets and strategic bombers—both of which need intricate, highly reliable, redundant hydraulic systems—has increased as a result of rising defense expenditures in North America and Europe.
Based on the component, the global aircraft hydraulic systems industry is bifurcated into reservoirs, pumps, accumulators, actuators, hydraulic fuses, valves, and others. The actuators segment is expected to dominate the market expansion over the projected period. The expansion and modernization of aircraft fleets are imperative due to the rise in air travel worldwide.
The need for hydraulic actuators, which are crucial parts of many aviation systems, is directly increased by this increase. To improve fuel economy and lower operating costs, airlines are also investing in modernizing their current fleet. By providing increased performance and reliability, modern hydraulic actuators help achieve these objectives.
Based on the application, the global aircraft hydraulic systems market is bifurcated into flight control systems, thrust reversal systems, landing & braking systems, and others. The landing & braking system segment is expected to capture the largest market share over the projected period.
Hydraulic power is essential for steering, braking, and gear deployment in landing and braking systems. Increased production of aircraft causes more frequent landing cycles and higher wear on these systems, particularly for short-haul and regional flights. This contributes to the market's steady growth by creating a high demand for robust, responsive hydraulic components in both new aircraft and maintenance operations.
Additionally, airlines are being compelled to invest in cutting-edge landing and braking systems with enhanced hydraulic functionality due to the aviation authorities' stricter regulatory safety standards. The market for hydraulic components in this industry is further boosted by these rules, which encourage the use of systems with improved pressure control, redundancy, and anti-skid performance.
North America dominates the market over the projected period
North America is expected to dominate the global aircraft hydraulic systems market. Factors driving the region's dominance include a sizable fleet of military and commercial aircraft, an established aerospace industry, and large R&D expenditures at the forefront of modern aviation technology.
North America's robust aviation infrastructure, which covers maintenance, repair, and overhaul (MRO) facilities, further fuels the demand for aircraft hydraulic systems.
The region's focus on updating its fleet of aircraft with hydraulic systems and acquiring new aircraft with sophisticated flight control systems helps reinforce North America's dominating position in the market to be reinforced.
The global aircraft hydraulic systems market is dominated by players like:
By Platform
By Component
By Application
By Region
FrequentlyAsked Questions
Any aircraft parts or equipment that depend on fluid or gas pressure for operation must be maintained by aircraft hydraulic systems.
The aircraft hydraulic systems market is being driven by several variables such as the increasing commercial aircraft sector, increasing collaboration, technological advancements, and others.
According to the report, the global aircraft hydraulic systems market size was worth around USD 12.13 billion in 2024 and is predicted to grow to around USD 39.41 billion by 2034.
The global aircraft hydraulic systems market is expected to grow at a CAGR of 12.5% during the forecast period.
The global aircraft hydraulic systems market growth is expected to be driven by North America. It is currently the world’s highest revenue-generating market due to the presence of major players and the robust aerospace sector.
The global aircraft hydraulic systems market is dominated by players like Liebherr-International Deutschland GmbH, Parker-Hannifin Corporation, Safran S.A., Eaton Corporation plc, Triumph Group, Inc., Moog Inc., Woodward, Inc., Crane Co., Arkwin Industries, Inc., Mitsubishi Heavy Industries, Ltd., Kawasaki Heavy Industries, Ltd., Sumitomo Precision Products Co., Ltd., Goodrich Corporation, Senior plc, GKN Aerospace, Magellan Aerospace Corporation, and Embraer S.A., among others.
The aircraft hydraulic systems market report covers the geographical market along with a comprehensive competitive landscape analysis. It also includes cash flow analysis, profit ratio analysis, market basket analysis, market attractiveness analysis, sentiment analysis, PESTLE analysis, trend analysis, SWOT analysis, trade area analysis, demand & supply analysis, Porter’s five forces analysis, and value chain analysis.
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