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Aerospace Hose Assemblies Market Report
Aerospace Hose Assemblies Market Size, Share, Trend, Forecast, Competitive Analysis, and Growth Opportunity: 2023-2028
The aerospace hose assemblies market is estimated to grow at a CAGR of 8.5% by 2028, driven by an expected rise in the production rate of key programs, entry of programs (B777x, C919, and MC-21), and expected rise in the aircraft fleet size.
Eaton Corporation, Smiths Group Plc, Parker-Hannifin Corporation, Hutchinson (PFW Aerospace), ITT Inc., Safran S.A., and Flexfab, LLC are the leading players in the aerospace hose assemblies market.
North America is estimated to remain dominant in the aerospace hose assemblies market in the foreseeable future. North America is the aerospace manufacturing hub, with the presence of key OEMs as well as the presence of major hose manufacturers.
Asia-Pacific is estimated to remain the fastest-growing market for aerospace hose assemblies in the foreseeable future, propelled by China's and India's continuous developments and ardent efforts to develop an excellent supply chain for the aerospace industry.
The fuel system segment is estimated to maintain its huge dominance in the market during the forecast period, driven by a wide range of applications of hose assemblies in fuel systems.
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