According to Stratistics MRC, the Global Aircraft Turbine Fuel System Market is accounted for $2,087.63 million in 2020 and is expected to reach $3,980.04 million by 2028 growing at a CAGR of 8.4% during the forecast period. Efficient engine operation, better fuel efficiency and system integration with engine are driving the market growth. However, lower aircraft production and assembly is hampering the growth of the market.
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By geography, Asia Pacific is going to have high growth during the forecast period which can be attributed to the presence of emerging economies such as China, India, and South Korea. Moreover, presence of large aircraft fleet is also expected to boost the market growth.
Some of the key players profiled in the Aircraft Turbine Fuel System Market include Collins Aerospace, Eaton Corporation plc, Honeywell International Inc., Jihostroj a.s., Mascott Equipment Co., Parker-Hannifin Corporation, Safran, Silver Atena GmbH, Triumph Group, Inc. and Woodward, Inc.
Types Covered:
• Full Authority Digital Engine (or Electronics) Control (FADEC)
• Hydromechanical
• Hydromechanical/Electronics
Aircraft Body Types Covered:
• Narrow Body aircraft
• Regional Jet
• Turboprop
• Wide Body aircraft
• Rotary-wing Aircraft
• Military Transport Aircraft
• Fighter Jets
End Users Covered:
• Commercial Aviation Aircraft Turbine Fuel System
• General Aviation Aircraft Turbine Fuel System
• Military Aviation Aircraft Turbine Fuel System
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
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