Aerospace Valves Market Poised for Steady Growth to $15 Billion by 2030 Despite Near-Term COVID Impacts
• Global aerospace valves market to reach $15.4 billion by 2030, growing at a CAGR of 4.5% over 2023-2030
• Demand driven by rising aircraft production, expanding commercial aviation sector, and increasing MRO services and aircraft replacement
• North America dominates market, while developing regions show strong growth potential
• COVID-19 impacted market, but long-term outlook remains positive
• Key trends include additive manufacturing, IoT-powered valves, fluctuating materials prices, and competitive landscape