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Growth opportunities and latent adjacency in Aircraft Pumps Market by 2023

by sandeeproy1 month ago
tags: Aircraft Pumps Market

According to the market research report "Aircraft Pumps Market by Pressure (500psi, 3000psi, 5000psi, 6500psi) Technology (Engine Driven, Electric Motor Driven, Rat Driven, Air Driven), Type (Fuel, Hydraulic, Lubrication, Cooling), End User, Application, Region - Global Forecast to 2023", The aircraft pumps market is estimated at USD 3.27 Billion in 2017 and is projected to reach USD 4.79 Billion by 2023, at a CAGR of 6.57% during the forecast period. Factors, such as increase in air passenger traffic, increase in aircraft deliveries, and short replacement cycles of aircraft pumps are expected to drive the aircraft pumps market.

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Major players in the aircraft pumps market include Parker Hannifin (US), Eaton (Ireland), Honeywell (US), Zodiac Aerospace (France), Woodward (US), AeroControlex (US), and Triumph Group (US).

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