Market Overview:
The global aircraft fuel systems market is estimated to be valued at US$ XX Mn in 2018 and is projected to reach US$ XX Mn by 2030, exhibiting a CAGR of X.X% during the forecast period. The jet engine segment is expected to account for a major share of the global aircraft fuel systems market in terms of value, followed by helicopter engine and turboprop engine segments. Among applications, the commercial segment is anticipated to hold a dominant position in the global aircraft fuel systems market throughout the forecast period. North America accounted for a leading share of the global aircraft fuel systems market in 2017 and this trend is projected to continue over the next few years as well.
Product Definition:
Aircraft fuel systems are responsible for the storage, movement, and delivery of fuel to aircraft engines. They are important because they allow planes to fly long distances without having to refuel.
Jet Engine:
A jet engine is a type of internal combustion engine, which is used to convert the energy generated from fuel into mechanical energy. The mechanical energy further transformed in the form of rotary motion by turbines and reciprocating engines. Jet engines are primarily used in aircraft for propelling them forward with a thrust force during take-off and landing phases.
Helicopter Engine:
The helicopter engine is an internal combustion engine, which is used to generate mechanical energy through the spinning of its rotor. The main components of a helicopter are a fuselage, rotor blades, and fuel. Helicopters can be single-rotor or multi-rotor type depending on the number of blades present on each side of the fuselage.
Helicopters have been in use for over 60 years.
Application Insights:
The commercial segment held the largest share of over 70.0% in 2017. The growth can be attributed to the increasing air traffic and passenger traffic, which has resulted in an increased demand for aircraft fuel systems across the globe. Aircraft with maximum range capability refuel at airports using jet fuel tanks located within them, thereby enabling non-stop travel across long distances.
Commercial aviation is dominated by six major markets namely U.S.
Regional Analysis:
Asia Pacific is expected to be the largest and fastest-growing regional market over the forecast period. The growth can be attributed to increasing demand for commercial aircraft, especially in China and India. In 2016, Asia Pacific accounted for a share of more than 30% of total aircraft sales worldwide. Moreover, rising disposable income coupled with expanding middle-class population in these countries is expected to drive product demand further over the next eight years.
The Middle East & Africa region is anticipated to witness significant growth owing to increased military spending by various governments across the world including Saudi Arabia and UAE among others which are projected to positively impact industry expansion over the coming years. North America was estimated as one of the prominent markets accounting for a share of more than 20% in 2016 owing mainlyto high fuel prices that compelled operators/owners of business jets as well as large passenger planes like Boeing 767 or Airbus A330 etc.
Growth Factors:
- Increasing demand for air travel: The global air travel industry is growing at a rapid pace, owing to the increasing number of passengers travelling for both business and leisure purposes. This is expected to drive the demand for aircraft fuel systems in the coming years.
- Technological advancements: Aircraft fuel systems are becoming more sophisticated with each passing day, with new technologies being introduced to improve performance and efficiency. This is likely to boost the growth of the market in the near future.
- Stringent regulations: Governments across the world are implementing stringent regulations related to aircraft emissions and noise levels, which is driving airlines and Original Equipment Manufacturers (OEMs) towards adopting more fuel-efficient aircraft fuel systems.
- Rising prices of crude oil: The prices of crude oil have been on a rise over the past few years, resulting in an increase in production costs for airlines worldwide. This has led airlines to increasingly adopt advanced aircraft fuel systems that can help reduce their overall operating costs significantly.. 5
Scope Of The Report
Report Attributes
Report Details
Report Title
Aircraft Fuel Systems Market Research Report
By Type
Jet Engine, Helicopter Engine, Turboprop Engine, UAV Engine
By Application
Commercial, Military, UAV
By Companies
Eaton, Parker Hannifin, Woodward, Honeywell International, UTC Aerospace Systems, ALOFT AeroArchitects, Crane Aerospace & Electronics, Gamma Technologies, Senior, Zodiac Aerospace, Triumph Group, United Technologies
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
196
Number of Tables & Figures
138
Customization Available
Yes, the report can be customized as per your need.
Global Aircraft Fuel Systems Market Report Segments:
The global Aircraft Fuel Systems market is segmented on the basis of:
Types
Jet Engine, Helicopter Engine, Turboprop Engine, UAV Engine
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Commercial, Military, UAV
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Eaton
- Parker Hannifin
- Woodward
- Honeywell International
- UTC Aerospace Systems
- ALOFT AeroArchitects
- Crane Aerospace & Electronics
- Gamma Technologies
- Senior
- Zodiac Aerospace
- Triumph Group
- United Technologies
Highlights of The Aircraft Fuel Systems Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Jet Engine
- Helicopter Engine
- Turboprop Engine
- UAV Engine
- By Application:
- Commercial
- Military
- UAV
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Aircraft Fuel Systems Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Aircraft fuel systems are the components that allow an aircraft to fly. The system includes the engine, fuel tanks, and related equipment.
Some of the major companies in the aircraft fuel systems market are Eaton, Parker Hannifin, Woodward, Honeywell International, UTC Aerospace Systems, ALOFT AeroArchitects, Crane Aerospace & Electronics, Gamma Technologies, Senior, Zodiac Aerospace, Triumph Group, United Technologies.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Aircraft Fuel Systems Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Aircraft Fuel Systems Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Aircraft Fuel Systems Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Aircraft Fuel Systems Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Aircraft Fuel Systems Market Size & Forecast, 2020-2028
4.5.1 Aircraft Fuel Systems Market Size and Y-o-Y Growth
4.5.2 Aircraft Fuel Systems Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Jet Engine
5.2.2 Helicopter Engine
5.2.3 Turboprop Engine
5.2.4 UAV Engine
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Commercial
6.2.2 Military
6.2.3 UAV
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Aircraft Fuel Systems Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Aircraft Fuel Systems Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Jet Engine
9.6.2 Helicopter Engine
9.6.3 Turboprop Engine
9.6.4 UAV Engine
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Commercial
9.10.2 Military
9.10.3 UAV
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Jet Engine
10.6.2 Helicopter Engine
10.6.3 Turboprop Engine
10.6.4 UAV Engine
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Commercial
10.10.2 Military
10.10.3 UAV
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Jet Engine
11.6.2 Helicopter Engine
11.6.3 Turboprop Engine
11.6.4 UAV Engine
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Commercial
11.10.2 Military
11.10.3 UAV
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Jet Engine
12.6.2 Helicopter Engine
12.6.3 Turboprop Engine
12.6.4 UAV Engine
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Commercial
12.10.2 Military
12.10.3 UAV
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Jet Engine
13.6.2 Helicopter Engine
13.6.3 Turboprop Engine
13.6.4 UAV Engine
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Commercial
13.10.2 Military
13.10.3 UAV
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Aircraft Fuel Systems Market: Competitive Dashboard
14.2 Global Aircraft Fuel Systems Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Eaton
14.3.2 Parker Hannifin
14.3.3 Woodward
14.3.4 Honeywell International
14.3.5 UTC Aerospace Systems
14.3.6 ALOFT AeroArchitects
14.3.7 Crane Aerospace & Electronics
14.3.8 Gamma Technologies
14.3.9 Senior
14.3.10 Zodiac Aerospace
14.3.11 Triumph Group
14.3.12 United Technologies
