Electric Vehicles Market Growth Accelerated By Adoption In Aircraft Systems

 
Electro Hydraulic Servo Valves 

Electro hydraulic servo valves find wide application in aircraft systems to control pressure, switching flow direction and governing fluid power for flight control actuation, landing gear deployment and other maneuvers. They offer low friction, high precision and repeatability essential for aircraft safety and performance. With the ongoing expansion of global commercial aviation industry and rising military aircraft procurement, demand for electro hydraulic servo valves from aerospace sector has increased substantially. The global Electro Hydraulic Servo Valve Market is estimated to be valued at US$ 2410.44 Bn in 2024 and is expected to exhibit a CAGR of 28.% over the forecast period 2024 to 2031, as highlighted in a new report published by Coherent Market Insights.

Market key trends:
The rising adoption of electro hydraulic servo valves in aircraft systems is one of the major trends driving the market growth.Precision control requirements in aircraft necessitate deployment of electro hydraulic servo valves. These valves provide high accuracy in controlling hydraulic actuators for critical flight operations including vertical and horizontal stabilizers, ailerons, rudder and landing gears. Furthermore, the increasing procurement of next generation military aircraft along with the development of new commercial aircraft programs will augment the consumption of electro hydraulic servo valves over the forecast period.

Segment Analysis
The global electro hydraulic servo valve market is dominated by motion control segment. Motion control segment holds around 45% market share due to widespread application of electro hydraulic servo valves in industrial robotics, 3D printing, CNC machines, and semiconductor manufacturing equipment. Electro hydraulic servo valves provide precision control over hydraulic actuators used in motion control applications.

Key Takeaways
The global electro hydraulic servo valve market analysis is expected to witness high growth over the forecast period of 2024 to 2031.

Regional analysis:

Asia Pacific region currently dominates the global market with around 35% share owing to presence of large manufacturing hubs and increasing automation adoption across industries such as automotive, electronics and semiconductor in countries such as China, Japan and South Korea. The region is expected to retain its leading position in the global electro hydraulic servo valve market throughout the forecast period supported by growing manufacturing industry and rapid industrialization.

Key players:

Key players operating in the electro hydraulic servo valve market are Toyota Motor Corporation, Hyundai Motor Company, Honda Motor Co., Ltd., and Ballard Power Systems. Toyota Motor Corporation holds more than 15% market share due to its strong product portfolio and global presence across application industries. Hyundai Motor Company is another prominent player focusing on development of high precision valves for industrial robotics and semiconductor manufacturing equipment.

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