"Smart Market Solutions to Help Your Business Gain Edge over Competitors"

Aircraft Fuel System Market Size, Share & Industry Analysis, By Application (Military, Commercial , UAV), By Engine (Jet aircraft engine, Helicopter engine, Turboprop engine, UAV engine), By Type (Gravity feed fuel system, Fuel injection system, Pump feed system), By Component (Fuel tank, Fuel valve, Fuel pump, Fuel filter,Fuel gauge, Fuel line) and Regional Forecast, 2021-2028

Region : Global | Report ID: FBI102591 | Status : Ongoing

 

KEY MARKET INSIGHTS

An aircraft fuel system provides a continuous flow of clean fuel from the fuel tank to the aircraft engine. A fuel system contains pumps, storage tanks, valves, filters, fuel lines, metering, and monitoring devices. Fuel systems plays a crucial role in providing continuous fuel supply to the aircraft engine. Various types of fuel systems are designed and developed depending upon the size and complexities of the aircraft. Most widely used aircraft fuel systems are gravity feed fuel system, fuel injection system and pump feed system and among others.


The key driving factors for the growth of the aircraft fuel system market are increasing demand for the cost-effective performance of the aircraft, increasing aircraft deliveries and increasing demand for unmanned aerial vehicles (UAV).


Key Market Driver -

• Increased aircraft deliveries • Increased demand for unmanned aerial vehicles (UAV) • Upgradation of military aircraft

Key Market Restraint -

• Decrease in defense budget by Asian countries • Issues related to installing advanced fuel systems in conventional aircraft


The rise in the demand for aircraft fuel system is due to the rapid increase in the demand for fuel-efficient and lightweight aircraft thus the development of lightweight aircraft fuel systems is also significantly contributing to growth of aircraft fuel system market. The growing need for UAVs will also generate business opportunities in the market. Due to frequent change in oil prices, the aircraft operators are developing fuel-efficient engine, this would facilitate the growth of the market.


The market for self-sealing fuel tanks is expected to grow due to increased expenditure by China and India in military aircraft. All military aircraft and jet fighter aircraft use self-sealing fuel tanks as they are leak proof and crash resistant. Recent developments like inert foam-filled tanks to avoid detonation will boost the market.


Market Segmentation:


The aircraft fuel system market is segmented on the basis of application, engine type, technology, components, and region.


Based on application, the market is segmented into military, commercial and UAVs. The commercial aircraft is the dominating segment in the market and the UAV is estimated to be the fastest growing segment in the market as there is an increase in investment for the development of UAVs worldwide.


By engine type, the market has been segmented on the basis of Jet engine, helicopter engine, turboprop engine, and UAV engine. The jet engine segment is the largest segment in the aircraft fuel system market as these are commonly used in commercial aircraft. The growing demand for advanced UAVs will lead the UAV engine segment to be the fastest growing segment during the forecast period.


The technology segment is further categorized into gravity feed fuel system, fuel injection system and pump feed system. In fuel injection system segment, electronic fuel injection (EFI) segment is predicted to be the fastest growing segment for the forecast period as the UAVs are compact and require small combustion engines. Miniature EFI system are specially created for small UAVs as these are cheaper, and reduces fuel consumption. Currawong Engineering Pty Ltd from Kingston, Tasmania, Australia developed a EFI system that supplies an optimum fuel mixture at all stages of flight.


By component, the market is further segmented into the fuel tank, fuel valve, fuel pump, fuel filter, fuel gauge and fuel line. A major factor driving the demand for fuel valves and fuel filters is from maintenance, repair and overhaul (MRO) companies as the growth in passenger transportation has led in increased flight hours of the aircraft, thus shortening the life cycle of the valves and filters. The market is anticipated to grow for external fuel tanks due to increasing demand for military fighter aircraft.


Key Players Covered:


Some of the key players in the aircraft fuel system market include Eaton Corporation (the U.S.), Honeywell International Inc. (the U.S.), Triumph Group Inc. (the U.S.), GKN PLC (the U.K), Parker Hannifin Corporation (the U.S.), United Technologies Corporation (the U.S.), Woodward Inc. (the U.S.) and among others.


Regional Analysis:


By Region, the market is segmented into North America, Europe, Asia Pacific, and rest of the world.  North America is anticipated to be the largest market segment aircraft fuel systems market during the forecast period, driven by the U.S. as it is the manufacturing capital of the aerospace industry. Small scale manufacturers, MRO players, raw material suppliers are present in this region.


The aircraft fuel system market in Asia Pacific is expected to grow as the number of aircraft deliveries expected over the next five years is highest in this region. Countries such as India and China are expected to grow significantly due to an increase in military expenditures during the review period.


To gain extensive insights into the market, Request for Customization


In Europe, the market for aircraft fuel tanks is anticipated to grow during the forecast period as increasing aircraft deliveries benefits for aircraft fuel tank market. The major suppliers for aircraft fuel tanks are Meggit PLC (the U.K), Safran S.A. (France), Cobham PLC (the U.K)


Segmentation






























 ATTRIBUTE


 DETAILS

By Application




  • Military

  • Commercial

  • UAV



By Engine




  • Jet aircraft engine

  • Helicopter engine

  • Turboprop engine

  • UAV engine



By Type




  • Gravity feed fuel system

  • Fuel injection system

  • Pump feed system



By Component




  • Fuel tank

  • Fuel valve

  • Fuel pump

  • Fuel filter

  • Fuel gauge

  • Fuel line



By Region




  • North America (The U.S., and Canada)

  • Europe (The U.K., Germany, France, Italy, Sweden, and Rest of Europe)

  • Asia Pacific (Japan, China, India, Singapore, and Rest of Asia Pacific)

  • Rest of the World (The Middle East, South America, and Africa)



Key Industry Developments



  • In January 2020, at Heli-Expo 2020 the tourism operator Maverick Helicopters declared it will upgrade its entire fleet of 34 EC130 B4 helicopters with Airbus crash resistant fuel system.


Aircraft Fuel System Market Size, Share and Global Industry Trend Forecast till 2026
  • Ongoing
  • 2020
  • 2017-2019

    CHOOSE LICENSE TYPE

  • 4850
    6850
    8850

Personalize this Research

  • Granular Research on Specified Regions or Segments
  • Companies Profiled based on User Requirement
  • Broader Insights Pertaining to a Specific Segment or Region
  • Breaking Down Competitive Landscape as per Your Requirement
  • Other Specific Requirement on Customization
Request Customization Banner

Aerospace & Defense Clients

Toyota
Gallagher
Accenture
Kaman
Airbus

Client Testimonials

“We are happy with the professionalism of your in-house research team as well as the quality of your research reports. Looking forward to work together on similar projects”

- One of the Leading Food Companies in Germany

“We appreciate the teamwork and efficiency for such an exhaustive and comprehensive report. The data offered to us was exactly what we were looking for. Thank you!”

- Intuitive Surgical

“I recommend Fortune Business Insights for their honesty and flexibility. Not only that they were very responsive and dealt with all my questions very quickly but they also responded honestly and flexibly to the detailed requests from us in preparing the research report. We value them as a research company worthy of building long-term relationships.”

- Major Food Company in Japan

“Well done Fortune Business Insights! The report covered all the points and was very detailed. Looking forward to work together in the future”

- Ziering Medical

“It has been a delightful experience working with you guys. Thank you Fortune Business Insights for your efforts and prompt response”

- Major Manufacturer of Precision Machine Parts in India

“I had a great experience working with Fortune Business Insights. The report was very accurate and as per my requirements. Very satisfied with the overall report as it has helped me to build strategies for my business”

- Hewlett-Packard

“This is regarding the recent report I bought from Fortune Business insights. Remarkable job and great efforts by your research team. I would also like to thank the back end team for offering a continuous support and stitching together a report that is so comprehensive and exhaustive”

- Global Management Consulting Firm

“Please pass on our sincere thanks to the whole team at Fortune Business Insights. This is a very good piece of work and will be very helpful to us going forward. We know where we will be getting business intelligence from in the future.”

- UK-based Start-up in the Medical Devices Sector

“Thank you for sending the market report and data. It looks quite comprehensive and the data is exactly what I was looking for. I appreciate the timeliness and responsiveness of you and your team.”

- One of the Largest Companies in the Defence Industry
We use cookies to enhance your experience. By continuing to visit this site you agree to our use of cookies . More info.
X