Aircraft Fuelling Systems Market Size, Statistics, Trend Analysis and Forecast Report, 2020 - 2027

  • Report ID : MD2038
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  • Pages : 220
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  • Tables : 85
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  • Formats :

Aircraft Fueling System Market size was estimated at $8.8 Billion in 2020 and is expected to reach $12.86 billion by 2027, growing at a CAGR of 6.6% during the forecast period of 2020 to 2027.

Market Definition/Research scope

An aircraft fuel system allows the crew to pump, manage, and deliver aviation fuel to the propulsion system and Auxiliary Power Unit (APU) of an aircraft. Fuel systems differ greatly due to different performance of the aircraft in which they are installed. A single-engine piston aircraft has a simple fuel system; a tanker, in addition to managing its own fuel, can also provide fuel to other aircraft.
Fuel systems differ greatly from aircraft to aircraft due to the relative size and complexity of the aircraft in which they are installed. In the most basic form, a fuel system will consist of a single, gravity feed fuel tank with the associated fuel line connecting it to the aircraft engine. In a modern, multi-engine passenger or cargo aircraft, the fuel system is likely to consist of multiple fuel tanks which may be located in the wing or the fuselage (or both) and, in some cases, in the empenage. Each tank will potentially be equipped with internal fuel pumps and have the associated valves and plumbing to feed the engines, allow for refueling and defueling, isolate the individual tanks and, in some applications, allow for fuel dumping or for optimisation of aircraft centre of gravity.

Aircraft Fueling System Market Segmentation

The aircraft fuel systems market is classified based on technology, component, engine type, application, and geography. The application segment covers military, commercial and UAV. Further, the military segment is generating market revenue at an extremely fast pace owing to the high investment made in military and defense worldwide. There are several types of aircraft fueling systems available in the market such as turboprop, helicopter engine, jet engine and UAV engine. Apart from this, innovative creations being done in refueling systems and the increasing investment of industry players in manufacturing lightweight aircraft fuel systems is going to propelled market growth during the forecast period. Based on components, the market has been segregated as inerting systems, gauges, valves, pump, piping and filters. Based on technology, the market has been segmented as pump feed, gravity feed and fuel injection. The gravity food segment has generated significant market revenue in 2021 and is anticipated to project the highest CAGR of 6.4% during the forecast period. However, fuel injection segment is also projected to generate commendable share of the total aircraft fueling systems market revenue in the upcoming years.

Aircraft Fueling System Market Regional Analysis

Global aircraft fueling system market is expanding widely in North America, Asia Pacific, Europe, the Middle East, and the rest of the world. However, the Asia-Pacific region is anticipated to account for more than 40% of the total revenue of aircraft fueling systems market. It is further anticipated to grow at a CAGR of 10% during the forecast period. The major reason attributed to the growth of the market in Asia Pacific region is the increasing number of aircraft deliveries in this region. Further, the developing countries such as China and India are increasing their defense investments which in turn is going to be in favor of the growth of the market. In addition, this market is going to generate a great revenue from North American region owing to high usage of advanced technology and increasing number of upper middle-class population.

Aircraft Fueling System Market Share and Compeition

Major operational companies in this market are Eaton Corporation (Ireland), Parker Hannifin Corporation (U.S.), Honeywell International, Inc. (U.S.), Triumph Group, Inc. (U.S.), Woodward, Inc. (U.S.), Meggitt PLC (U.K.), GKN Plc., (Worcestershire), United Technologies Corporation (U.S.), Crane CO. (U.S.), and Zodiac Aerospace SA (France). Further, the competitive industry players are focusing on the development of advanced fuel systems which uses electrical architecture and lightweight materials. For instance, Woodward acquired fuel injection system technology from Rolls Royce in 2018.

Report Highlights
• Historical data available (as per request)
• Estimation/projections/forecast for revenue and unit sales (2022 – 2032)
• Data breakdown for every market segment (2022 – 2032)
• Gross margin and profitability analysis of companies
• Price analysis of each product type
• Business trend and expansion analysis
• Import and export analysis
• Competition analysis/market share
• Supply chain analysis
• Client list and case studies
• Market entry strategy

Aircraft Fueling System Market Segment and Revenue Breakdown

By type (Revenue, USD Million, 2022 - 2032):
• Jet engine
• Turboprop engine
• Helicopter engine
• UAV engine

By Application (Revenue, USD Million, 2022 - 2032):
• Military
• Commercial
• UAV

By Component (Revenue, USD Million, 2022 - 2032):
• Pumps
• Gauges
• Valves
• Filters
• Piping
• Inerting systems
• Fuel control monitoring

By Technology (Revenue, USD Million, 2022 - 2032):
• Fuel Injection
• Pump Feed
• Gravity Feed

By region (Revenue, USD Million, 2022 - 2032):
• United States
• Canada
• Mexico
• France
• Germany
• Italy
• Spain
• United Kingdom
• Russia
• China
• India
• Philippines
• Malaysia
• Australia
• Austria
• South Korea
• Middle East
• Japan
• Africa
• Rest of World (Latin America, Africa, and the Middle East)

Aircraft fueling systems market Competetors:
• Eaton Corporation (Ireland)
• Parker Hannifin Corporation (U.S.)
• Honeywell International, Inc. (U.S.)
• Triumph Group, Inc. (U.S.)
• Woodward, Inc. (U.S.)
• Meggitt PLC (U.K.)
• GKN Plc. (Worcestershire)
• United Technologies Corporation (U.S.)
• Crane CO. (U.S.)
• Zodiac Aerospace SA (France)

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