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Stock impact report

Aerospace Valves Global Strategic Research Report 2024: Market to Reach $15.4 Billion by 2030 - MRO Services and Aircraft Replacement Demand to Drive Long-Term Growth [Yahoo! Finance]

Eaton Corporation, PLC Ordinary Shares (ETN) 
Last eaton corporation, plc ordinary shares earnings: 4/30 06:30 am Check Earnings Report
Company Research Source: Yahoo! Finance
Global Aerospace Valves Market to Reach $15.4 Billion by 2030 The global market for Aerospace Valves estimated at US$10.8 Billion in the year 2023, is projected to reach a revised size of US$15.4 Billion by 2030, growing at a CAGR of 4.5% over the analysis period 2023-2030. The aviation sector's downturn significantly impacts the demand for aerospace valves, with a staged recovery anticipated over the long term. Despite established vendors facing fierce competition from local players, the global aerospace valves market seems poised for growth, albeit hampered by the COVID-19 pandemic. Rising demand for new aircraft, coupled with the expansion of the commercial aircraft industry and the need for frequent valve replacements, drives market dynamics. Additive manufacturing emerges as a significant trend, although volatile raw material prices and limited innovation pose challenges. However, IoT-powered valves present opportunities for advancement. Steel Aerospace Valves, one of th Show less Read more
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