The Global Aircraft Airframe fuel systems market is projected to reach an estimated value of US$ 4,743.1 million in 2023.
This market report, from Stratview Research, studies the aircraft airframe fuel systems market over the trend period of 2012 to 2017 and forecast period of 2018 to 2023.
Stratview Research announces the launch of a new market research report on Aircraft Airframe Fuel Systems Market by Aircraft Type (Commercial Aircraft, Military Aircraft, and UAV), by Engine Type (Jet Engine, Turboprop Engine, Helicopter Engine, and UAV Engine), by Component Type (Piping, Inerting Systems, Fuel Pumps, Fuel Valves, Fuel Gauging and Management System, Fuel Tanks, and Others), by Technology Type (Fuel Injection, Pump Feed Technology, and Gravity Feed Technology), and by Region (North America, Europe, Asia-Pacific, and Rest of the World), Forecast, Competitive Analysis, and Growth Opportunity: 2018-2023.
Airframe Fuel Systems Market in the Global Aircraft Industry: Highlights
The coming five years for the airframe fuel systems market in the aircraft industry are going to be vigorous with a myriad of opportunities in the entire ecosystem of the market. Most of the players are developing innovative solutions to meet the changing requirements of aircraft OEMs and airlines. It is expected that the industry stakeholders will introduce more innovative solutions in the coming years with respect to enhancing the overall aircraft’s fuel efficiency and to upsurge the reliability and veracity of fuel transmission from fuel tanks to engines.
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The global aircraft airframe fuel systems market is projected to reach an estimated value of US$ 4,743.1 million in 2023. There are a host of factors burgeoning the demand for airframe fuel systems in the aircraft industry. Among all the drivers, the biggest one is an organic growth of aircraft demand. All the major countries, especially the USA, have incessantly been shielding their defense by developing more UAVs to protect themselves in urgency. Mini-UAVs, HALE (High-Altitude Long Endurance), and TUAVs (Tactical Unmanned Aerial Vehicle) are likely to gain more shares in the coming years. North America is likely to remain the largest market over the next five years, whereas Asia-Pacific and Europe are likely to be the new growth engines of the segment’s market over the next five years.
Commercial aircraft is expected to remain the largest segment of the aircraft airframe fuel systems market during the forecast period. Increasing commercial aircraft deliveries, higher demand for fuel-efficient aircraft, and rising aircraft fleet size are key growth drivers of the market. A320 family, B737, B787, and A350XWB would remain the growth engines of the segment’s market in the foreseeable future.
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Ritesh Gandecha
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Stratview Research
Ritesh Gandecha
Tel: +1-313-307-4176
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results