Global Aircraft Pumps Market is estimated to reach $5.6 billion by 2025;
Global Aircraft Pumps Market is estimated to reach $5.6 billion by 2025; growing at a CAGR of 7.2% from 2017 to 2025. Various types of aircraft pumps such as hydraulic pumps, fuel pumps, lubrication pumps, airconditioning and cooling pumps, and water and waste system pumps are used in aircrafts. The growing air passenger traffic across the globe is one major factor which drive the growth of the global aircraft pumps market over the forecasted period. Better and light weight pumps are used in aircrafts which reduce aircraft weight & enhance fuel efficiency. The pumps benefit in pressurizing various fluids, like fuels, hydraulic oils, lubricating oils & water and transferring these fluids to many aircraft components that help for the better performance of aircraft.
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