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Aircraft Hydraulic System Market Expansion, Challenges and Forecasts
- Hydraulic system is a system where incompressible liquid is used to transmit energy. Aircraft hydraulic systems provide a mean for the operation of aircraft components such as landing gear, flaps, flight control surfaces, and brakes.
- The Average modern aircraft utilizes hydraulic systems to operate several systems. Landing gear, wing flaps, speed and wheel brakes and flight controls.
- There are mechanical advantage of a hydraulic system. Two major advantages are, first is the ease with which force can be transmitted over large distances into sealed compartments and the other is large gain in mechanical advantage made possible by varying the size of pistons.
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Key Drivers of Global Aircraft Hydraulic System Market
- High strength, light weight, clarity, anti-fogging property, and glare reduction are some of the important features of aircraft hydraulic system. These are expected to be key factors driving the global Aircraft Hydraulic System market during the forecast period.
- Aircraft Hydraulic System can be molded into any shape by heating at high temperatures. This factor also fuels the demand for Aircraft Hydraulic System. Moreover, growing industrialization and urbanization indirectly drive the demand for Aircraft Hydraulic System. This factor is expected to fuel the global Aircraft Hydraulic System market during the forecast period.
- Companies operating in the global Aircraft Hydraulic System market are investing to expand their product portfolios and improve their distribution networks. They have adopted strategies such as mergers and acquisitions, development of new products, joint ventures, and expansions to cater to the increasing demand for aircraft hydraulic system in different regions.
- For instance, On May 2019, hydraulic systems division (HSD) of Parker Aerospace has introduced the major commercial aircraft manufacturers with proven hydraulic systems and subsystems designed to perform at 5,000 psi, creating significant gains over the 3,000-psi systems traditionally used for commercial applications
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Growing Demand for Defense Aircrafts to offer attractive Opportunities
- In the wake of growing security concerns, increasing military capabilities by the nations across the globe, increasing expenditure on the defense, the military aircraft manufacturers are witnessing a spike in the demand for military aircrafts.
- For instance, in September 2018, the U.S. air force awarded contract worth US$ 9.2 billion to Boeing, which is a prominent aviation company to build the next fleet of training jets. The service aims to buy 351 jets with full operational capability by the year 2034.
- Thus, the growing demand for military aircrafts will spur the demand for aircraft hydraulic system to be used in the military aircrafts which will impact the growth of aircraft hydraulic system market positively
Leakage of Hydraulic Fluid in the Aircraft Hydraulic Systems expected to Hamper Market:
- Hydraulic fluids are the main requirement of any hydraulic system. Leakage of these fluids will create environmental problems and safety issues in the aircrafts.
- Contaminants present in the hydraulic fluid damages the system performance of the hydraulic components, so it requires continuous filtration. There are advantages and disadvantages for each of these fluid types, and selection of the fluid used in a particular aircraft or system will depend upon which properties are required.
- Since there is the requirement for the continuous maintenance and the selection of hydraulic fluids is also essential since the wrong selection can damage the components, therefore these factors are hampering the market for the aircraft hydraulic systems.
