DUBLIN--(BUSINESS WIRE)--The "Aircraft Fuel Systems Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024" report has been added to ResearchAndMarkets.com's offering.
The global aircraft fuel systems market reached a value of US$ 7.7 Billion in 2018. Looking forward, the market is further projected to reach a value of US$ 11.6 Billion by 2024, at a CAGR of around 6.5% during 2019-2024.
Nowadays, with an increasing focus on lowering the weight of the aircraft and improving fuel efficiency, aircraft manufacturers are incorporating advanced lightweight materials in both structural and semi-structural components, which is creating the demand for lightweight, safe and reliable fuel systems. Further, the rising passenger traffic, coupled with the growing global aircraft fleet, is impelling the market growth.
Various government-funded organizations are also funding research and development (R&D) activities for creating fuel systems suited for the new generation aircraft. For instance, the EU-funded SAfer FUEL (SAFUEL) project is promoting the development of systems that can meet the constraints posed by electrical connectivity and highly flammable composite materials used in modern airplanes.
Manufacturers are also working on reducing the amount of electricity required for reading fuel level as well as conductive metals in fuel tanks. Some of the other factors that are strengthening the growth of the market include technological advancements in military aircraft and development in the commercial aviation sector.
The report has also analysed the competitive landscape of the market with some of the key players being Eaton Corporation, Parker Hannifin Corporation, Woodward Inc., Honeywell International, Inc., Triumph Group, Inc., Meggitt PLC, GKN PLC., Zodiac Aerospace Sa, Crane Co., United Technologies Corporation, etc.
Key Topics Covered
2 Scope & Methodology
3 Executive Summary
4.2 Key Industry Trends
5 Global Aircraft Fuel Systems Market
5.1 Market Overview
5.2 Market Performance
5.3 Market Breakup by Engine Type
5.4 Market Breakup by Component
5.5 Market Breakup by Technology
5.6 Market Breakup by Application
5.7 Market Breakup by Region
5.8 Market Forecast
6 Market Breakup by Engine Type
6.1 Jet Engine
6.2 Helicopter Engine
6.3 Turboprop Engine
6.4 UAV Engine
7 Market Breakup by Component
7.2 Inerting Systems
7.6 Fuel Control Monitoring Systems
8 Market Breakup by Technology
8.1 Fuel Injection
8.2 Pump Feed
8.3 Gravity Feed
9 Market Breakup by Application
10 Market Breakup by Region
10.1 North America
10.3 Asia Pacific
10.4 Middle East and Africa
10.5 Latin America
11 SWOT Analysis
12 Value Chain Analysis
13 Porters Five Forces Analysis
13.2 Bargaining Power of Buyers
13.3 Bargaining Power of Suppliers
13.4 Degree of Competition
13.5 Threat of New Entrants
13.6 Threat of Substitutes
14 Price Analysis
15 Competitive Landscape
15.1 Market Structure
15.2 Key Players
15.3 Profiles of Key Players
15.3.1 Eaton Corporation
15.3.2 Parker Hannifin Corporation
15.3.3 Woodward Inc.
15.3.4 Honeywell International, Inc.
15.3.5 Triumph Group, Inc.
15.3.6 Meggitt PLC
15.3.7 GKN PLC
15.3.8 Zodiac Aerospace S.A.
15.3.9 Crane Co.
15.3.10 United Technologies Corporation
For more information about this report visit https://www.researchandmarkets.com/r/xcz84z