Global Aircraft Fuel Systems Market
Global Aircraft Fuel Systems Market was valued US$ 7.34 Bn in
2017 and is expected to reach US$ 13.32 Bn by 2026, at a CAGR
of 7.73% during a forecast period.
Rising aircraft deliveries are believed to the vital driver
responsible for the popularity of the aircraft fuel systems
market. Aircraft are currently investing in cutting -edge
lightweight aircraft fuel systems, so contributing to the further
expansion of the market. However, the disinclination of certain
aircraft to install advance fuel systems have hindered market
growth. Conversely, modernization of aircraft, that includes an
innovative refueling system as well as emergency fuel systems,
is expected to create greater opportunities in the aircraft fuel
systems market.
Global Aircraft Fuel Systems Market
Commercial aircraft is estimated to the largest segment of the
aircraft fuel systems market during the forecast period.
Growing commercial aircraft deliveries, higher demand for fuel-
efficient aircraft, and increasing aircraft fleet size are key
growth drivers of the segment’s market.
The jet engine is expected to remain the growth driver of the
market during the forecast period, driven by higher penetration
in the commercial and regional aircraft segments.
North America is expected to the leading market share during
the forecast period followed by the Asia Pacific. The North
American aerospace industry is well-developed and holds
strong technological capabilities.
Some of the key players in the global Aircraft Fuel Systems
market are GKN PLC, Zodiac Aerospace, Eaton Corporation PLC,
Honeywell International, Inc., Triumph Group, Inc., Parker
Hannifin Corporation Woodward, Inc., Parker Hannifin
Corporation, United Technologies Corporation and Meggitt PLC.
Scope of the Global Aircraft Fuel Systems Market
Global Aircraft Fuel Systems Market by Component
• Piping
• Pump
• Valve
• Gauges
• Inerting Systems
• Filters
Global Aircraft Fuel Systems Market by Engine
• UAV Engine
• Jet Engine
• Helicopter Engine
• Turboprop Engine
Global Aircraft Fuel Systems Market by Application
• Military
• Commercial
• UAV
Global Aircraft Fuel Systems Market by Technology
• Fuel Injection
• Pump Feed
• Gravity Feed
Global Aircraft Fuel Systems Market by Geography
• North America
• Europe
• Asia-Pacific
• Middle East & Africa
• South America
Key Players operating in the Global Aircraft Fuel Systems
Market
• GKN PLC
• Zodiac Aerospace
• Eaton Corporation PLC
• Honeywell International, Inc.
• Triumph Group, Inc.
• Parker Hannifin Corporation Woodward, Inc.
• Parker Hannifin Corporation
• United Technologies Corporation
• Meggitt PLC.
• Andair LTD
• Senior plc.
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