Report code - SRAD202Published On : Mar,2023No. of Pages: 146
Aerospace Hose and Tube Assemblies Market Size, Share, Trend, Forecast, Competitive Analysis, and Growth Opportunity: 2023-2028
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Aerospace Hose and Tube Assemblies Market Size, Share, Trend, Forecast, Competitive Analysis, and Growth Opportunity: 2023-2028
Aerospace Hose and Tube Assemblies Market is Segmented by Platform Type (Commercial Aircraft, Regional Aircraft, General Aviation, Military Aircraft, Helicopter, UAV, and Spacecraft), by Product Type (Tube Assemblies and Hose Assemblies), byMaterial Type (Tube Assembly [Steel & Alloys, Titanium & Alloys, Nickel & Alloys, and Others] and Hose Assembly [Teflon, Rubber, and Others]), byPressure Type (High-Pressure Assemblies and Low-Pressure Assemblies), byApplication Type (Fuel Conveyance, Air Conveyance, Hydraulic Conveyance, and Others), and by Region (North America [The USA, Canada, and Mexico], Europe [Germany, France, The UK, Russia, and Rest of Europe], Asia-Pacific [Japan, China, India, and Rest of Asia-Pacific], and Rest of the World [Brazil, Argentina, and Others]).
Aerospace Hose and Tube Assemblies Market is Segmented by Platform Type (Commercial Aircraft, Regional Aircraft, General Aviation, Military Aircraft, Helicopter, UAV, and Spacecraft), by Product Type (Tube Assemblies and Hose Assemblies), by...
Hose and tube assemblies in the aerospace industry serve the purpose of a conduit through which fluid is conveyed. Tubes are used in stationary applications; where long and relatively straight runs are possible. They are widely used in the aerospace industry for fuel, oil, coolant, oxygen, instrument, and hydraulic lines. Similarly, hoses are used to connect moving parts with stationary parts, where they are subject to considerable vibration or where a great amount of flexibility is required. In the aerospace industry, tubes are usually rigid fluid lines made up of materials, such as stainless steel, Inconel, titanium, copper, and aluminum. On the other hand, hoses are flexible fluid lines usually made up of rubber (EPDM, neoprene, etc.) and polytetrafluoroethylene (PTFE).
The aerospace hose and tube assemblies market fell victim to the pandemic’s wrath and declined by a massive -37.5% in 2020, dragging the market behind by at least half a decade. The market registered another huge decline in 2021, mainly due to the prolonged impact of the pandemic paired with the B787 grounding.
Despite several challenges including supply chain disruption, the Russo-Ukrainian war, etc, the year 2022 proved to be a promising year for the market participants. All the major leading aircraft manufacturers, such as Boeing and Airbus, have registered a drastic increase in production rates in the year 2022. Even, major airframers have planned to raise the production rate of the key aircraft programs shortly, ultimately aiming to recover the market by 2024. Overall, theaerospace hose and tube assemblies market is likely to grow at a promising CAGR of 8.3% during 2023-2028 to reach about US$ 1.9 billion by 2028.
Based on the product type, the market is segmented into hose assemblies and tube assemblies. Tube assemblies are further segmented into steel & alloys, titanium & alloys, nickel & alloys, and others; whereas hose assemblies are into Teflon, rubber, and others. Overall, tube assemblies held a share of more than >60% of the market in 2022 and are expected to maintain their leads by 2028. Tubes are used in stationary applications; where long and relatively straight runs are possible. They are widely used for fuel, oil, coolant, oxygen, instruments, and hydraulic lines. Titanium & alloys dominated the tube assemblies market, whereas Teflon took the lead in the hose assemblies market. Titanium tubes are used in high-pressure areas as they can endure pressure ranging from 0-4000 psi.
By Application Type
Based on the application type, we have segmented the market as fuel conveyance, air conveyance, hydraulic conveyance, and others. Hydraulic conveyance held a share of >35% of the market in 2022 and is estimated to remain the largest and fastest-growing application segment over the next five years. Commonly used materials in hydraulic tubing include aluminum (typically 6061T6), corrosion-resistant steel (CRES alloys, such as 300 series and more robust materials, such as 21-6-9), and titanium (such as 3AI-2.5V).
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By Region
In terms of regions, North America held a share of >45% of the market in 2022 and is expected to remain the largest market for aerospace hose and tube assemblies during the forecast period. The USA is the growth engine of the region’s market with the presence of major aircraft OEMs, tier players, hose and tube suppliers, and airlines. All the major hose and tube assembly suppliers have their presence in the region to address the emergent needs of the OEMs to be the partners for their upcoming aircraft programs or upcoming fuel-efficient variants of existing aircraft programs.
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The aerospace hose and tube assemblies market is segmented into the following categories.
Aerospace Hose and Tube Assemblies Market, by Platform Type
Commercial Aircraft (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
Regional Aircraft (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
General Aviation (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
Military Aircraft (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
Helicopter (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
Spacecraft (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
UAVs (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
Aerospace Hose and Tube Assemblies Market, by ProductType
Hose Assemblies (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
Tube Assemblies (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
Aerospace Hose and Tube Assemblies Market, by Material Type
Hose Assemblies (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
Teflon (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
Rubber (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
Tube Assemblies (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
Steel & Alloys (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
Titanium & Alloys (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
Nickel & Alloys (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
Aerospace Hose and Tube Assemblies Market, by PressureType
High-Pressure Assemblies (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
Low-Pressure Assemblies (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
Aerospace Hose and Tube Assemblies Market, by ApplicationType
Fuel Conveyance (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
Air Conveyance (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
Hydraulic Conveyance (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
Aerospace Hose and Tube Assemblies Market, by Region
North America (Country Analysis: The USA, Canada, and Mexico)
Europe (Country Analysis: Germany, France, the UK, Russia, and Rest of Europe)
Asia-Pacific (Country Analysis: Japan, China, India, and Rest of Asia-Pacific)
Rest of the World (Country Analysis: Brazil, Saudi Arabia, and Others)
Key Players
The following are the key players in the aerospace hose and tube assemblies market.
Eaton Corporation plc
Parker-Hannifin Corporation
Smiths Group plc
PFW Aerospace GmbH
Leggett & Platt, Inc.
AMETEK, Inc.
Unison Industries
Stelia Aerospace
Research Methodology
This strategic assessment report, from Stratview Research, provides a comprehensive analysis that reflects today’s Aerospace Hose and Tube Assemblies Market realities and future market possibilities for the forecast period of 2023 to 2028.
The report segments and analyzes the market in the most detailed manner to provide a panoramic view of the market. The vital data/information provided in the report can play a crucial role for the market participants as well as investors in the identification of the low-hanging fruits available in the market as well as to formulate the growth strategies to expedite their growth process.
This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools.
More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles, have been leveraged to gather the data.
We conducted more than 15 detailed primary interviews with the market players across the value chain in all four regions and industry experts to obtain both qualitative and quantitative insights.
Report Features
This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision-making for the existing market players as well as those willing to enter the market. The following are the key features of the report:
Market structure: Overview, industry life cycle analysis, supply chain analysis.
Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis.
Market trend and forecast analysis.
Market segment trend and forecast.
Competitive landscape and dynamics: Market share, Product portfolio, New Product Launches, etc.
Attractive market segments and associated growth opportunities.
Emerging trends.
Strategic growth opportunities for the existing and new players.
Key success factors.
Report Customization Options
With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:
Company Profiling
Detailed profiling of additional market players (up to three players)
SWOT analysis of key players (up to three players)
Competitive Benchmarking
Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances
Custom Research: Stratview research offers custom research services across the sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry to sales@stratviewresearch.com
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Hose and tube assemblies in the aerospace industry serve the purpose of a conduit through which fluid is conveyed. Tubes are used in stationary application; where long and relatively straight runs are possible. They are widely used in the aerospace industry for fuel, oil, coolant, oxygen, instrument, and hydraulic lines. Similarly, hoses are used to connect moving parts with stationary parts, where they are subject to considerable vibration or where a great amount of flexibility is required. In the aerospace industry, tubes are usually rigid fluid lines made of materials, such as stainless steel, Inconel, titanium, copper, and aluminum. On the other hand, hoses are flexible fluid lines usually made of rubber (EPDM, neoprene, etc.) and Polytetrafluoroethylene (PTFE).
