Butterfly Valve Aircraft Turbocharger Market by Platform (Heavy Aircraft and Light Aircraft) 2030
The global butterfly valve aircraft turbocharger market is witnessing significant growth owing to the increased use of air transport.
PORTLAND, OR, USA, Jan. 31, 2022 /EINPresswire.com/ — The global market for butterfly valve aircraft turbochargers is witnessing significant growth owing to the increased use of air transport. Aircraft turbocharger is a compressor that pumps compressed air into an aircraft internal combustion (IC) engine. A butterfly valve is a quarter turn rotary valve, which is used to stop, regulate and start the flow. Additionally, the butterfly valve has a disc which is mounted on a rotating shaft which when fully closed completely blocks the line or opened at a right angle allows fuel to flow into the engine through the turbocharger. Additionally, turbochargers can either increase the power output of the aircraft or maintain optimum output with respect to increasing aircraft altitude.
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Companies covered in this report study:
Mitsubishi Heavy Industries Engine & Turbocharger Ltd., Eaton Corporation, Rajay Parts LLC, Victor Aviation Service Inc., Honeywell International Inc, Hartzell Engine Technologies LLC, Bosch Mahle Turbo Systems GmbH, PBS Velka Bites as and BorgWarner Inc.
Rising investment in the aviation industry, rise in demand for forced induction devices and rise in adoption of hybrid and downsized engines are the factors driving the global aircraft turbocharger market at butterfly valve. However, high maintenance costs are hampering the growth of the market. On the contrary, the increasing stringency of emissions regulations and the popularity of turbocharged gasoline direct injection technology, greater vehicle fuel efficiency, are opening up new avenues in the industry.
Governments have developed infrastructure to meet the growing demand of passenger air traffic and aircraft fleet as well as to meet the needs of passengers. For example, in 2018, London City Airport (an airport in London) spent approx. 900,000 to install a network of interconnected sensors and a data hub to track the flow of passengers at the airport. This installation is mainly concentrated around the 5G network. Additionally, in 2019, Vodafone (a multinational telecommunications company headquartered in London, UK), installed its 5G network at Gatwick Airport (an airport in London). Recently, in December 2019, the Airports Authority of India (AAI) unveiled plans to develop the country’s first three water aerodromes at Andaman & Nicobar (a Union Territory of India). Moreover, the Indian government plans to invest $1.83 billion by 2026 in the development of airport infrastructure and aviation services in the country. Such increase in investment in the aviation industry is expected to drive the global butterfly valve aircraft turbocharger market.
The government-imposed lockdown to slow the spread of COVID-19 has impacted the manufacturing process of aircraft turbocharger manufacturers.
The aircraft manufacturing process is hampered due to the lack of manpower caused by government initiatives in the wake of COVID-19.
Aircraft turbocharger manufacturers are facing short-lived operational issues due to supply chain disruption due to government regulations on transporting heavy equipment during the COVID-19 pandemic.
Airlines are being forced by authorities to restrict passenger movements around the world to control the COVID-19 outbreak.
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Key benefits of the report:
• This study presents the analytical representation of the global Butterfly Valve Aircraft Turbochargers industry together with current trends and future estimations to determine impending pockets of investment.
• The report presents information related to key drivers, restraints, and opportunities, along with a detailed analysis of the global butterfly valve aircraft turbocharger market share.
• Current market is quantitatively analyzed from 2020 to 2027 to highlight the growth scenario of the global Butterfly Valve Aircraft Turbocharger market.
• Porter’s Five Forces analysis illustrates the power of buyers and suppliers in the marketplace.
• The report provides a detailed analysis of the Global Butterfly Valve Aircraft Turbochargers Market based on the competitive intensity and how the competition will shape in the coming years.
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