The global Aircraft Fuel Systems Market size was valued at USD 5.27 billion in 2019 and is anticipated to grow at a CAGR of 4.3% during the forecast period. Aircraft fuel system consists of different components designed to manage and delivery jet fuel to the propulsion system and APUs (Auxiliary Power Units). Their implementation and functional characteristics play a critical role in the design, certification and operational aspects of both military and commercial (civil) planes. In fact, the impact of fuel system design on airplanes operational capability encompasses a range of technologies that are much more significant than the non-specialist would at first realize, particularly when considering the complexities of large transport and high-speed military aircraft applications.
These systems are one of the most necessary components for a jet engine for supplying the fuel to engine or combustion unit to generate the output power for an airliner to be operational. This system is an essential feature of all airplanes as it supplies, measures, and controls the fuel from multiple storage tanks to each engine. The complexity of the system depends on several parameters including the type of airplane, plane design, the wing location, and number of tanks. For instance, General Aviation generally has less complex fuel systems, whereas long haul/commercial jets usually have more complex systems addressing the aircraft’s fuel requirements.
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Rising production & deliveries of commercial/regional/general aviation jet globally propelled by rising passenger traffic, growing worldwide commercial jets fleet, increasing revenue per kilometers, and growing demand for cost efficient & lightweight fuel systems propelled by increasing demand for lightweight components for these systems, are some off the major factors aiding in the growth for aircraft fuel systems market globally.
Furthermore, stringent FAA regulations regarding carbon emissions for airplane operators, manufacturers and fuel system designers, and expensive cost of these components are some of the restraining factors impacting negatively in the global Aircraft Fuel Systems Market.
The market is primarily segmented on the basis of By Aircraft Type, By Technology Type, By Component Type, By Engine Type, and By Region.
By Aircraft Type
By Technology Type
By Component Type
By Engine Type
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Among aircraft type, the market is segmented into commercial, military, and UAV. According to Polaris Market Research, in 2019 commercial airliners was estimated to be the largest segment & is expected to retain its dominance over the forecast period as well. This is owing to increasing commercial airplane production and rising demand for cost efficient fuel systems for implementation in new generation fuel efficient commercial jet programs such as B777x and B787 Dreamliner.
UAV is expected to be the fastest growing airplane type during the forecast period. This is owing to growing demand and production of large sized UAVs by different government military forces propelled by rising adoption & deployment of UAVs in military operations globally. In addition. Increasing procurement of UAVs for civilian applications in order to adequate with latest technology systems is another major factor propelling the growth for UAV segment.
Among technology type, the market is segmented into pump feed, fuel injection, and gravity feed. Pump feed dominated the market with highest share in 2019 and is expected to be the most dominant segment during the forecast period as well. Moreover, the segment is also expected to be the fastest growing segment during the forecast period for airplane fuel systems globally. This is owing to its suitability for commercial, regional, & as well as military jets programs. Higher preference towards pump feed technology by commercial, regional, & military jets, OEMs for airliner models such as B737, B787, A350XWB, Bombardier C series, and Embraer E-2 jets is the reason behind its dominance and growth for fuel systems during the forecast period.
Among component type, the market is segmented into pumps & valves, fuel tank, piping, gauging, inerting system, and other which comprises of filters, nozzles, metering units, etc. In 2019 gauging segment dominated the market followed by pumps & valves. Moreover, gauging is also expected to be the fastest growing segment during the forecast period globally. Gauging is an instrument which consists of a sensing unit in fuel tank & indicator on dashboard used for indicating the amount of fuel used or left in the tank.
Among engine type, the market is segmented into jet engine, helicopter engine, turboprop engine, and UAV engine. In 2019, jet engine was estimated to be the largest segment and is expected to be the largest market for aircraft fuel systems during the forecast period as well. This is owing to its application in most of different airplane types such as commercial jets, regional aircraft, general aviation, and military jets. Introduction of fuel-efficient jet engines such as LEAP engine and GE9x, increasing global jet engine fleet size, and adoption of advanced materials in the engine technology are some of the major factors driving the growth for jet engine segment in the market.
North America was estimated to be the most dominant region in 2019 and is expected to be the largest region during the forecast period of 2020-2026, as it is the manufacturing capital of aerospace industry with presence of large number of small/mid-sized aircraft OEMs, fuel system component manufacturers, distributors, and raw material suppliers. Increasing commercial jets fleet and increasing production rates of airliner programs such as B737, B737 Max, B787, B777x, and F-35 are some of the major factors driving the market in this region.
Asia Pacific is expected to be the fastest growing region during the forecast period for these systems globally. The growth of this region is pushed by increasing commercial and regional fleet to support rising passenger traffic in the high population countries such as China and India, opening of airplane assembly plants of Boeing and Airbus in China which is expected to drive the market during the forecast period.
Vendors in this market are continuously making efforts to cater industry’s requirements by developing & testing a variety of aircraft fuel system in order to achieve higher efficiency and reduce the fuel costs for an aircraft operator. Moreover, the vendors are also testing the electric systems wherein there will be no requirement of such airplane fuel systems. For instance, in April 2019, Collins Aerospace revealed a new laboratory for testing and development of next generation electric aircraft systems. Also, in June 2019, one of the Collins Aerospace’s division i.e. Power & Control business signed an agreement with Africa’s largest carrier Ethiopian Airlines to provide its first MRO services which will enable the airline to get service for its components such as heat exchangers, air management systems, and fuel metering units for its fleet of 60 Q400 aircraft for a period of next 25 years.
Some of the key players in this market are Collins Aerospace, Eaton, GKN Aerospace Services Limited, Honeywell International Inc., Meggitt PLC, PARKER HANNIFIN CORP, Safran, Triumph Group Inc., and Woodward Inc.