Press release
Aircraft Engine Fuel Systems Market 2019 Global Industry Size, Share, Future Trends, Countless Growth Opportunities, Business Insights and Forecast 2023 | Eaton, Parker Hannifin, United Technologies, Triumph, Woodward, Honeywell, Zodiac and Meggitt
Global Aircraft Engine Fuel Systems Market Information Report by Application (Commercial Aircraft, Military Aircraft, and UAV), by Engine Type (Jet Engine, Helicopter Engine, Turboprop Engine, and UAV Engine), by Region (North America, Europe, Asia-Pacific, Middle East and Africa, and Latin America) - Forecast to 2023Overview:
Aircraft segment is witnessing continuous boost since the last few decades, and it is striving for constant innovation. Aircraft engine fuel systems are experiencing several of those latest technological implementations owing to which a rapid transformation is taking place. Aircrafts are getting upgraded in the process, and the operational cost is plummeting. The global aircraft engine fuel systems market can expect a robust growth during the forecast period (2017-2023), owing to demands from aviation industry for fuel-efficient aircrafts. Market Research Future (MRFR) in their report includes drivers such as the development of lightweight fuel delivery systems and the presence of emergency fuel systems in next-generation planes that are going to take the market further ahead. In addition, composite manufactured fuel systems are gaining much traction in the industry which can take the aircraft engine fuel systems market a notch higher.
However, certain aircraft companies are reluctant to install these latest designs owing to which the aircraft engine fuel systems market can witness its tempo slowing down during the forecast period.
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Market Dashboard:
The global aircraft engine fuel systems market is experiencing several strategical implementations that could trigger further market growth. Parker, for instance, is teaming up with Safran and is planning to use robotic welding and innovative manufacturing to speed up aircraft production. On the other hand, Rolls-Royce and Woodward, Inc. have inked agreement giving Woodward rights to acquire L’Orange, a company which has superior fuel injection systems technology.
Notable players of the global aircraft engine fuel systems market are Eaton Corporation Plc, Parker Hannifin Corporation, United Technologies Corporation, Triumph Group, Woodward, Inc., GKN Plc, Honeywell International, Inc., Zodiac Aerospace, and Meggitt Plc., and others.
Industry Trend:
Parker’s collaboration with Oxsensis has resulted in the development of silica-based optical high-accuracy pressure sensor (SOHAPS) systems that can replace the 20 to 30 capacitance probes and additional fuel property sensors. Geared with only three electromagnetic interference (EMI)-immune, non-electrical, optical sensors to measure fuel system pressure, each tank can perform more efficiently and incur less cost.
3D printing, carbon fibers, and shape memory alloys (SMA) are getting used in the manufacturing of aircrafts which reduces the overall weight giving engine fuel systems a much-needed boost.
Segmentation:
The global aircraft engine fuel systems market can be segmented by engine type and application.
By engine type, the aircraft engine fuel systems market can be segmented into jet engine, helicopter engine, turboprop, unmanned aerial vehicle (UAV) engine.
Application-wise, the aircraft engine fuel systems market includes commercial aircraft, military aircraft, and UAV.
Regional Analysis:
Region-specific analysis of the aircraft engine fuel systems market covers North America, Europe, Asia Pacific, Middle East & Africa (MEA), and Latin America (LATAM).
North America commands a considerable share of the market revenue. Its superior position is based on some infrastructural advantages and heavy government investments in research & development. Technological advancement is giving the segment desired traction with major global players implementing those in their manufacturing process. As it is one of the major hubs for the aviation industry, it can expect substantial growth in coming years as well.
The APAC region is expected to register the fastest CAGR during the forecast period. The region is showing a keen interest in upgrading aviation and defense industry. In doing so, emerging economies such as India, China, South Korea, and other countries are investing in the segment to gear themselves up with latest technologies. The region is also experiencing the integration of advanced technologies which can act like a further stimulant.
Scope of Report
The report for Global Aircraft Engine Fuel Systems Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions..
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Table Of Contents:
1 Introduction
1.1 Definition
1.2 Scope Of Study
1.3 Research Objective
1.4 Assumptions & Limitations
1.5 Market Structure:
2 Research Methodology
2.1 Research Process
2.2 Primary Research
2.3 Secondary Research
3 Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Challenges
3.5 Macroeconomic Indicators
4 Market Factor Analysis
4.1 Porter’s Five Forces Model
4.1.1 Bargaining Power Of Suppliers
4.1.2 Bargaining Power Of Customer
4.1.3 Intensity Of Competitor’s
4.1.4 Threat Of New Entrants
Continued........
List of Tables
Table 1 Europe Aircraft Engine Fuel System Market, by Region 2011-2027, ($ Million) 19
Table 2 Europe Aircraft Engine Fuel System Market for Mining, by Region 2011-2027, (Million) 19
Table 3 Europe Aircraft Engine Fuel System Market for Marine, by Region 2011-2027, (Million) 20
Table 4 Europe Aircraft Engine Fuel System Market for Watertreatment, by Region 2011-2027, (Million) 20
Table 5 Europe Aircraft Engine Fuel System Market for Pharmaceutical, by Region 2011-2027, (Million) 20
Table 6 Europe Aircraft Engine Fuel System Market for Chemical, by Region 2011-2027, (Million) 21
Table 7 Europe Aircraft Engine Fuel System Market for Food & Beverages, by Region 2011-2027, (Million) 21
Table 8 Europe Aircraft Engine Fuel System Market for Oil & Gas, by Region 2011-2027, (Million) 21
Table 9 Europe Aircraft Engine Fuel System Market, by Type 2011-2027, (Million) 22
Table 10 Europe Aircraft Engine Fuel System Market, by Type 2011-2027, (Million) 22
Continued.........
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