Title: Aircraft Fuel Systems Market Size, Share, Trend, Forecast, & Competitive Analysis: 2019-2024
1Presents a Research Report on
Aircraft Fuel Systems Market
Aircraft Fuel Systems Market is Segmented by
Aircraft Type (Commercial Aircraft, Military
Aircraft, and UAV), by Engine Type (Jet Engine,
Turboprop Engine, Helicopter Engine, and UAV
Engine), by Component Type (Piping, Inerting
Systems, Fuel Pumps, Fuel Valves, Fuel Gauging
and Management System, Fuel Filters, Fuel Tanks,
and Others), by Technology Type (Fuel Injection
Technology, Pump Feed Technology, and Gravity
Feed Technology), and by Region (North America,
Europe, Asia-Pacific, and Rest of the World)
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2Aircraft Fuel Systems Market Growth and Forecast
Highlights Drivers
- The global aircraft fuel systems market is
projected to grow at a healthy rate over the next
five years to reach US 7,059.1 million in 2024. - Increasing aircraft deliveries fuelled by rising
passenger traffic, increasing demand for unmanned
aerial vehicles, an advancement in the fuel
system technology, and rising global aircraft
fleet size are the major factors that are
bolstering the demand for fuel systems in the
aircraft industry. - Furthermore, airlines are demanding
fuel-efficient aircraft to mitigate their
operational cost as fuel roughly cost 30 of the
airlines operational cost. - Aircraft manufacturers are increasingly
incorporating advanced lightweight materials in
both structural and semi-structural components to
reduce the weight of the aircraft. - The reduction in the weight of aircraft
considerably improves fuel efficiency. For
instance, B787 and A350XWB, the two recently
developed next-generation aircraft, constitute
composite materials up to 53 of the total
structural weight of the aircraft. - Fuel systems are also not untouched with such
dynamics and experiencing a greater usage of
advanced lightweight materials.
3Market Insights
- By Aircraft Type
- The market is segmented as Commercial Aircraft,
Military Aircraft, and Unmanned Aerial Vehicle. - Commercial aircraft is expected to remain the
largest segment of the aircraft fuel systems
market during the forecast period. - Increasing commercial aircraft deliveries, higher
demand for fuel-efficient aircraft, and rising
aircraft fleet size are key growth drivers of the
segments market. - Boeing anticipated that approximately 44,040
commercial and regional aircraft will be
delivered from 2019 to 2038. - A320 family, B737, B787, and A350XWB would remain
the growth engines of the market. - The UAV segment is also projected to witness the
highest growth over the next five years,
propelled by increasing investment for the
development of UAVs across the world. - By Engine Type
- The market is segmented as Jet Engine, Turboprop
Engine, Helicopter Engine, and UAV Engine. - The jet engine is expected to remain the growth
engine of the aircraft fuel systems market during
the forecast period, driven by a higher
penetration in the commercial and regional
aircraft.
4Market Insights
- By Region
- North America is projected to remain the largest
aircraft fuel systems market during the forecast
period, driven by the USA. - The region is the manufacturing capital of the
aerospace industry with the presence of several
large- to small-sized aircraft manufacturers, MRO
players, tier players, and raw material
suppliers. - The North American aerospace industry is
well-developed and possesses strong technological
capabilities. - Asia-Pacific is the fastest-growing market for
aircraft fuel systems during the same period,
driven by high commercial aircraft fleet,
indigenous production of commercial and regional
aircraft, the opening of assembly plants in China
by both major commercial aircraft OEMs (Boeing
and Airbus), and increasing the defense budget. - China and India are the key growth engines of the
Asia-Pacifics aircraft fuel systems market.
5Competitive Insights
Aircraft Fuel Systems Market, regional expansion,
and execution of mergers acquisitions are the
key strategies adopted by the major players to
gain a competitive edge in the market. Key
Companies Analysed
- Eaton Corporation Plc
- Parker Hannifin Corporation
- Collins Aerospace
- Triumph Group
- Woodward, Inc.
- GKN Plc (GKN Aerospace)
- Honeywell International Inc
- Safran (Zodiac Aerospace)
- Meggitt Plc
6Research Methodology
Data Analysis Top Down and Bottom Up Approach)
Data Triangulation Data Evaluation and Multiple
Data Triangulation)
Final Deliverables Final Report with All Findings)
Stratview Research follows a rigorous methodology
with high emphasis on primary research and
multiple ways of data triangulation. We conduct
primary research across the value chain to
provide 360 degree view of the market.
Secondary Research
Stratview Research Internal Knowledgebase
Primary Research
- Annual Reports / Fact Book
- Company Websites
- Magazines / Publications
- Press Releases Journals
- Industry News
- Association Articles
- Government Documents
- Social Media
- Others
- Robust database across value chain
- In-house industry veterans as advisors
- Project based subject matter experts
- Industry Players
- Industry Experts
- Suppliers
- Customers
- Associations
- Government Institutions
- Others
7Report Features
- This report provides market intelligence in the
most comprehensive way. The report structure has
been kept such that it offers maximum business
value. It provides critical insights on the
market dynamics and will enable strategic
decision making for the existing market players
as well as those willing to enter the market. The
following are the key features of the report - Market structure Overview, industry life cycle
analysis, supply chain analysis. - Market environment analysis Growth drivers and
constraints, Porters five forces analysis, SWOT
analysis. - Market trend and forecast analysis.
- Market segment trend and forecast.
- Competitive landscape and dynamics Market share,
product portfolio, product launches, etc. - Attractive market segments and associated growth
opportunities. - Emerging trends.
- Strategic growth opportunities for the existing
and new players. - Key success factors.
8Market Segmentation
- The market is segmented in the following ways
- Aircraft Fuel Systems Market Size, Share
Forecast by Aircraft Type - Commercial Aircraft (Regional Analysis North
America, Europe, Asia-Pacific, and RoW) - Military Aircraft (Regional Analysis North
America, Europe, Asia-Pacific, and RoW) - Unmanned Aerial Vehicle (UAV) (Regional Analysis
North America, Europe, Asia-Pacific, and RoW) - Aircraft Fuel Systems Market Size, Share
Forecast by Engine Type - Jet Engine (Regional Analysis North America,
Europe, Asia-Pacific, and RoW) - Turboprop Engine (Regional Analysis North
America, Europe, Asia-Pacific, and RoW) - Helicopter Engine (Regional Analysis North
America, Europe, Asia-Pacific, and RoW) - UAV Engine (Regional Analysis North America,
Europe, Asia-Pacific, and RoW) - Aircraft Fuel Systems Market Size, Share
Forecast by Component Type - Piping (Regional Analysis North America, Europe,
Asia-Pacific, and RoW) - Fuel Tank Inerting Systems (Regional Analysis
North America, Europe, Asia-Pacific, and RoW) - Fuel Pumps (Regional Analysis North America,
Europe, Asia-Pacific, and RoW) - Fuel Valves (Regional Analysis North America,
Europe, Asia-Pacific, and RoW) - Fuel Tanks (Regional Analysis North America,
Europe, Asia-Pacific, and RoW) - Fuel Filters (Regional Analysis North America,
Europe, Asia-Pacific, and RoW)
9Market Segmentation
- Aircraft Fuel Systems Market Size, Share
Forecast by Technology Type - Fuel Injection (Regional Analysis North America,
Europe, Asia-Pacific, and RoW) - Pump Feed Technology (Regional Analysis North
America, Europe, Asia-Pacific, and RoW) - Gravity Feed Technology (Regional Analysis North
America, Europe, Asia-Pacific, and RoW) - Aircraft Fuel Systems Market Size, Share
Forecast by Region - North America (Country Analysis The USA, Canada,
and Mexico) - Europe (Country Analysis Germany, France, the
UK, Russia, and Rest of Europe) - Asia-Pacific (Country Analysis China, Japan,
India, and Rest of Asia-Pacific) - Rest of the world (Sub-Region Analysis The
Middle East, Latin America, and Others)
10About Stratview Research
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