Aircraft Pump Market - By Type (Fuel Pumps, Hydraulic Pumps, Lubrication Pumps, Water and Waste System Pumps, Air-conditioning and Cooling Pumps), By Technology, By Pressure, By Aircraft Type, By End-use Industry, Forecast 2023 - 2032

Aircraft Pump Market Size

Aircraft Pumps Market was valued at over USD 3 billion in 2022 and is anticipated to grow at a CAGR of over 5.5% between 2023 and 2032. The increasing need for flexible & lightweight aircraft, coupled with compact pumping systems, is a significant factor contributing to the aircraft pump industry growth.
 

The aviation industry is gravitating toward more agile & fuel-efficient aircraft designs to meet the demands of modern air travel including short-haul routes, regional connections, and urban air mobility. Compact & lightweight pumping systems are essential in such aircraft to save space, reduce weight, and enhance fuel efficiency. Flexible aircraft are often utilized in various roles, such as military missions or cargo transport, where adaptability is paramount. Compact pumping systems allow for versatile configurations and applications. In the commercial sector, they enable efficient distribution of hydraulic power for landing gear, flight control, and braking systems while keeping the overall aircraft weight to a minimum. These factors align with industry trends toward sustainability, cost-effectiveness, and the growing popularity of electric and hybrid aircraft, making compact, lightweight, and flexible pumping systems critical components that fuel the aircraft industry expansion.
 

For instance, in June 2021, The JETSCREEN project, an EU-funded initiative, developed a new methodology for evaluating the impact of Sustainable Aviation Fuels (SAFs) on aircraft fuel systems. The project's findings will accelerate the adoption of SAFs in the aviation industry.
 

Legal and regulatory barriers pose significant pitfalls for the aircraft pump market. Stringent safety and quality standards, imposed by aviation authorities, such as the FAA and EASA, demand extensive testing and compliance, which can delay product development and increase costs. Export restrictions, intellectual property protections, and trade regulations also impact global market access. The changing environmental regulations require constant innovation to meet emission standards. Navigating these complex legal and regulatory landscapes can be challenging, creating hurdles for manufacturers and potentially limiting market expansion and innovation in the aircraft pump sector.
 

COVID-19 Impact

The COVID-19 pandemic significantly impacted the aircraft pump market. Travel restrictions, reduced passenger demand, and airline financial struggles led to a sharp decline in aircraft production and maintenance, affecting pump sales. Airlines deferred new aircraft purchases and delayed maintenance, decreasing the need for replacement pumps. Disruptions in the global supply chain hampered the production and delivery of pump components. These combined factors led to reduced revenues for aircraft pump manufacturers, workforce reductions, and a slowdown in innovation and development within the industry.
 

Aircraft Pump Market Trends

The aviation industry is increasingly investing in electric and hybrid-electric aircraft to reduce emissions and operational costs. This trend creates a demand for specialized pumps capable of handling the unique requirements of these propulsion systems. Electric aircraft rely on electric motor-driven pumps for functions including cooling and thermal management, while hybrid aircraft require pumps for both conventional and electric power systems. As a result, the market is adapting to provide innovative, energy-efficient solutions designed for these emerging technologies.
 

Weight reduction is a key goal in aircraft design to enhance fuel efficiency. Lightweight materials, such as composites, are now being used in pump construction. These materials offer the dual benefits of reducing the weight of the pumps themselves and the overall weight of the aircraft. As aircraft manufacturers strive to meet stringent efficiency and emission standards, the trend toward lightweight materials in pump design remains a crucial factor in the aircraft pump industry's evolution.
 

Aircraft Pump Market Analysis

Based on the type, the market is segmented into fuel pumps, hydraulic pumps, lubrication pumps, water & waste system pumps, air conditioning, and cooling pumps. The hydraulic pumps segment showed the fastest growth in 2022, with a share of over 25%.
 

• Hydraulic pumps, particularly electric ones, are preferred in the aircraft industry for their efficiency. They provide precise and consistent power, ensuring the reliable operation of critical systems such as landing gear and flight control surfaces. This reliability is paramount for flight safety.
   
• Modern electric hydraulic pumps are exceptionally lightweight and compact, addressing the aviation industry's constant quest to reduce aircraft weight. Their compact design allows for efficient use of limited onboard space, crucial for both commercial and military aircraft.
   

Based on the end use, the market is divided into aftermarket and OEM. The aftermarket segment is anticipated to register a CAGR of over 6.5% through 2032.
 

• The aftermarket segment is growing due to several factors. As aircraft fleets age, there is an increasing need for the replacement and upgrade of pump systems, driven by safety and efficiency considerations. The airlines and operators are shifting toward condition-based maintenance, which necessitates more frequent pump inspections and replacements.
   
• Technological advancements in pump systems prompt operators to retrofit their older aircraft with more efficient and reliable pumps. The expansion of the global aviation industry has led to a higher volume of flights, increasing the demand for regular maintenance and replacement of pump components to ensure safe & reliable operations.
   

North America dominated the global aircraft pump market with a share of over 30% in 2022. The region contributes significantly to the world's aerospace industry, with major aircraft manufacturers, airlines, and suppliers based in the U.S. and Canada. This concentration of industry players boosts the demand for advanced pump systems to support both commercial and military aviation. North America has been at the forefront of technological innovation, leading to the development of more efficient & environment-friendly pump solutions. Stringent safety and regulatory standards in the region necessitate constant upgrades and replacements of pump systems, fostering market growth.
 

Aircraft Pump Market Share

The players in the market focus on implementing different growth strategies to strengthen their offerings and expand their market reach. These strategies involve new product development & launches, partnerships & collaborations, mergers & acquisitions, and customer retention. These players also heavily invest in research & development to introduce innovative and technologically advanced solutions in the aircraft pump industry. Some major players operating in the aircraft pump industry are mentioned below, 

• Crane Co.
• Eaton Corporation Plc
• Honeywell International Inc.
• Parker-Hannifin Corporation
• Safran
• Woodward Inc.
• Zodiac Aerosystems

Aircraft Pump Industry News:

• In July 2023, Eaton and Singapore Airlines Engineering Company Limited signed an agreement to form a component Maintenance, Repair, and Overhaul (MRO) Joint Venture (JV) in Malaysia. The JV will inspect, test, repair, maintain, modify, and overhaul Eaton-manufactured aircraft components installed on airframe & engine fuel systems and hydraulic systems.
   
• In June 2021, Eaton, a power management company, completed the acquisition of Cobham Mission Systems, a manufacturer of air-to-air refueling systems, environmental systems, and actuation, primarily for defense markets. The acquisition strengthened Eaton's aerospace business and allowed it to expand its offerings into new markets. Cobham's products are used by a wide range of customers including the U.S. Department of Defense, Allied militaries, and commercial aircraft manufacturers.
   

The aircraft pump market research report includes in-depth coverage of the industry with estimates & forecast in terms of revenue (USD Million) from 2018 to 2032 for the following segments:

Click here to Buy Section of this Report

Market, By Type

• Fuel pumps
• Hydraulic pumps
• Lubrication pumps
• Water and waste system pumps
• Air conditioning and cooling pumps

Market, By Technology

• Ram air turbine-driven
• Air-driven
• Engine-driven
• Electric motor-driven

Market, By Pressure

• Up to 350 psi
• 350 psi – 1,500 psi
• 1,500 psi – 3,000 psi
• Above 3,000 psi

Market, By Aircraft Type

• Fixed wing
• Rotary wing
• Unmanned aerial vehicles

Market, By End-use Industry

• OEM
• Aftermarket

The above information is provided for the following regions and countries:

• North America
  • U.S.
  • Canada
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • ANZ
  • Singapore
  • Rest of Asia Pacific 
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• MEA
  • UAE
  • Saudi Arabia
  • South Africa
  • Rest of MEA