Aircraft Turbine Fuel System Market Size, Growth to 2028
[Research Report] The aircraft turbine fuel system market was valued at US$ 2,087.63 million in 2020 and is projected to reach US$ 3,303.73 million by 2028; it is expected to grow at a CAGR of 6.4% from 2021 to 2028.
The aircraft turbine fuel system is one of the crucial systems in aircraft. The aircraft turbine fuel system manages the flow of fuel for optimum performance of the aircraft during various stages of flight, such as rapid maneuvering, changes in altitude, and sudden acceleration or deceleration. Initially, the aircraft turbine fuel system was operated manually by the flight operators; however, with the advancement in technology, self-calibrating aircraft turbine fuel systems, such as Full Authority Digital Engine Control (FADEC), were introduced in the market. The aircraft turbine fuel system market is experiencing significant growth owing to the increasing year-on-year government budgets for national security. Governments across the world are significantly investing in the procurement of advanced state-of-the-art commercial as well as military aircraft fleet. Additionally, growing commercial aviation industry owing to rise in disposable income among middle class population coupled with the growing MRO operation across the world is bolstering the aircraft production rate, which is propelling the demand for aircraft turbine fuel system market globally.
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Aircraft Turbine Fuel System Market: Strategic Insights
Market Size Value in US$ 2,087.63 Million in 2020 Market Size Value by US$ 3,303.73 Million by 2028 Growth rate CAGR of 6.4% from 2021-2028 Forecast Period 2021-2028 Base Year 2021
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Aircraft Turbine Fuel System Market: Strategic Insights
Market Size Value in | US$ 2,087.63 Million in 2020 |
Market Size Value by | US$ 3,303.73 Million by 2028 |
Growth rate | CAGR of 6.4% from 2021-2028 |
Forecast Period | 2021-2028 |
Base Year | 2021 |
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Speak to AnalystImpact of COVID-19 Pandemic on Aircraft Turbine Fuel System Market
Amid COVID-19 outbreak pandemic, the entire commercial aviation industry came to a halt with minimal resources to foresee the future. Several production units in the US, France, Russia, and China were temporarily paused to adhere to the government rules regarding the lockdown and physical distancing. The aircraft manufacturers witnessed 30%–50% reduction in demand for most of the aircraft models, especially, commercial aircraft models. The lower aircraft production and assembly declined the demand for aircraft turbine fuel system, resulting in lower revenue generation. This factor restrained the growth of the aircraft turbine fuel system market.
Aircraft Turbine Fuel System Market Insights
Surging Aircraft Manufacturing
Owing to substantial production of military and commercial aircraft fleet, the global aviation industry is growing at a steady rate. Over the last decade, the commercial aviation industry has witnessed tremendous growth owing to growing disposable income among masses coupled with emergence of low-cost carriers (LCCs) and various fleet expansion initiatives undertaken by the full-service carriers (FSCs). The commercial aviation industry is predicted to upsurge in the near future owing to rising number of air travel passengers and aircraft procurement. Thus, the growing procurement of aircraft across the world is anticipated to propel the aircraft turbine fuel system market during the forecast period.
Type-Based Market Insights
Based on the type, the aircraft turbine fuel system market is segmented into hydromechanical, full authority digital engine control (FADEC), and hydromechanical/electronics. The Full Authority Digital Engine Control (FADEC) uses a digital computer, known as an EEC (Electronic Engine Control) or ECU (engine control unit), and related accessories to control the parameters of aircraft engine performance. The FADEC functions by receiving multiple input variables, such as engine temperatures, engine pressures, throttle lever position, and air density of real-time flight conditions. The input is gathered by ECU or EEC and is processed up to 70 times per second. Better fuel efficiency, efficient engine operation, automatic engine protection with regards to out-of-tolerance operations, better system integration with engine and aircraft systems, and engine monitoring and diagnostics are the major factors driving the growth of aircraft turbine fuel system market.
The players operating in the aircraft turbine fuel system market focus on strategies such as mergers, acquisitions, and market initiatives to maintain their positions in the market. A few developments by key players are listed below:
- In 2021, Honeywell International Inc. announced the development of a turbogenerator for hybrid-electric aircraft. The new turbogenerator will run on jet fuel, diesel, and sustainable fuel alternatives.
- In 2021, Triumph Group, Inc. announced that it has secured multiple contract extensions with Boeing Commercial Airplanes, which would extend their collaboration on critical system components. The contracts highlight Triumph's strategic focus on high-value systems offerings including actuation, hydraulic and fuel systems, geared solutions, as well as maintenance, repair, and overhaul offerings.
Aircraft Turbine Fuel System Market Report Scope
The report segments the global aircraft turbine fuel system market as follows:
By Type
- Hydromechanical
- Full Authority Digital Engine Control (FADEC)
- Hydromechanical/Electronics
By Application
- Commercial Aircraft
- Military Aircraft
- General Aviation Aircraft
By Geography
- North America
- US
- Canada
- Mexico
- Europe
- France
- Germany
- Italy
- UK
- Russia
- Rest of Europe
- Asia Pacific (APAC)
- China
- India
- South Korea
- Japan
- Australia
- Rest of APAC
- Middle East & Africa (MEA)
- South Africa
- Saudi Arabia
- UAE
- Rest of MEA
- South America (SAM)
- Brazil
- Rest of SAM
Company Profiles
- Collins Aerospace
- Eaton Corporation plc
- Honeywell International Inc.
- Jihostroj a.s.
- Mascott Equipment Co.
- Parker-Hannifin Corporation
- Safran
- Silver Atena GmbH
- Triumph Group, Inc.
- Woodward, Inc.
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Type and Application
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
Australia, Brazil, Canada, China, France, Germany, India, Italy, Japan, Mexico, Russian Federation, Saudi Arabia, South Africa, South Korea, United Arab Emirates, United Kingdom, United States
Frequently Asked Questions
The aircraft turbine fuel system market is led by full authority digital engine control (FADEC) segment with highest share and is expected to dominate in the forecast period. The Full Authority Digital Engine Control (FADEC) uses a digital computer, known as an EEC (Electronic Engine Control) or ECU (engine control unit), and related accessories to control the parameters of aircraft engine performance. The FADEC functions by receiving multiple input variables, such as engine temperatures, engine pressures, throttle lever position, and air density of real-time flight conditions. The input is gathered by ECU or EEC and is processed up to 70 times per second. Better fuel efficiency, efficient engine operation, automatic engine protection with regards to out-of-tolerance operations, better system integration with engine and aircraft systems, and engine monitoring and diagnostics are the major factors driving the growth of aircraft turbine fuel system market.
Governments across the world are significantly investing on procurement of advanced state-of-the-art commercial as well as military aircraft fleet. Additionally, growing commercial aviation industry owing to rise in disposable income among middle class population coupled with the growing MRO operation across the world is bolstering the growth of the aircraft production rate. This is reflecting rise in demand for aircraft turbine fuel system market
Since the beginning of the 21st century, the aviation industry has flourished in China. At present, China holds the second-largest aviation market after the US. Boeing, American aircraft giant, in November 2020 announced that Chinese carriers are projected to acquire 8,600 new airplanes over the next 20 years. Also, the country’s commercial jet fleet has expanded sevenfold since 2000, which is ~25% of all aviation growth worldwide over the past decade. According to Carnoc, about 25% of the global single-aisle aircraft were procured by Chinese carriers. The incremental growth of the aviation industry in China is attributed to rapid growth in middle-class consumers coupled with robust economic growth and growing urbanization. Further, the Aircraft giants such as Boeing and Airbus have manufacturing assemblies in China, which complements the growth of the aircraft turbine fuel system market. Also, in setback of Boeing 737, two consecutive crash and the announcement of discontinuation of Airbus A320 is projected to complement the adoption of COMAC C919 and C929 aircraft as these are considered the immediate substitute to Boeing 737 and Airbus A320. Meanwhile, the country has the second-largest defense budget across the world after the US, and a significant portion of the defense is allotted to the procurement of advanced military aircraft and upgradation & MRO operations. Thus, all these are bolstering the aviation industry in China, which is projected to create ample growth opportunities for aircraft turbine fuel system market players.
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Aircraft Turbine Fuel System Market Landscape
4.1 Market Overview
4.1 Porter’s Five Forces Analysis
4.2 Ecosystem Analysis
5. Aircraft Turbine Fuel System – Market Dynamics
5.1 Market Drivers
5.1.1 Surging Aircraft Manufacturing
5.1.2 Growing Aircraft MRO Operation
5.2 Market Restraints
5.2.1 Fall of B737 Max and Discontinuation of A380 Program
5.3 Market Opportunities
5.3.1 Bolstering Aviation Industry in China
5.4 Future Trends
5.4.1 Increasing Emphasis on Use of Lightweight Materials
5.5 Impact Analysis of Drivers and Restraints
6. Aircraft Turbine Fuel System Market – Global Market Analysis
6.1 Global Aircraft Turbine Fuel System Market Overview
6.2 Global Aircraft Turbine Fuel System Market Revenue Forecast and Analysis
6.3 Market Positioning – Five Key Players
7. Aircraft Turbine Fuel System Market Revenue and Forecast To 2028 – Type
7.1 Overview
7.2 Aircraft Turbine Fuel System Market, By Type (2020 & 2028)
7.3 Hydromechanical
7.3.1 Overview
7.3.2 Hydromechanical: Aircraft Turbine Fuel System Market Revenue and Forecast to 2028 (US$ Million)
7.4 Full Authority Digital Engine Control (FADEC)
7.4.1 Overview
7.4.2 Full Authority Digital Engine Control (FADEC): Aircraft Turbine Fuel System Market Revenue and Forecast to 2028 (US$ Million)
7.5 Hydromechanical/Electronics
7.5.1 Overview
7.5.2 Hydromechanical/Electronics: Aircraft Turbine Fuel System Market Revenue and Forecast to 2028 (US$ Million)
8. Aircraft Turbine Fuel System Market Analysis and Forecast To 2028 – Aircraft Type
8.1 Overview
8.2 Aircraft Turbine Fuel System Market, By Aircraft Type (2020 & 2028)
8.3 Commercial Aircraft
8.3.1 Overview
8.3.2 Commercial Aircraft: Aircraft Turbine Fuel System Market Revenue and Forecast to 2028 (US$ Million)
8.4 Military Aircraft
8.4.1 Overview
8.4.2 Military Aircraft: Aircraft Turbine Fuel System Market Revenue and Forecast to 2028 (US$ Million)
8.5 General Aviation Aircraft
8.5.1 Overview
8.5.2 General Aviation Aircraft: Aircraft Turbine Fuel System Market Revenue and Forecast to 2028 (US$ Million)
9. Aircraft Turbine Fuel System Market – Geographic Analysis
9.1 Overview
9.2 North America: Aircraft Turbine Fuel System Market
9.2.1 North America: Aircraft Turbine Fuel System Market – Revenue and Forecast to 2028 (US$ Million)
9.2.2 North America: Aircraft Turbine Fuel System Market, by Type
9.2.3 North America: Aircraft Turbine Fuel System Market, by Aircraft Type
9.2.4 North America: Aircraft Turbine Fuel System Market, by Key Country
9.2.5 US: Aircraft Turbine Fuel System Market – Revenue and Forecast to 2028 (US$ Million)
9.2.5.1 US: Aircraft Turbine Fuel System Market, by Type
9.2.5.2 US: Aircraft Turbine Fuel System Market, by Aircraft Type
9.2.6 Canada: Aircraft Turbine Fuel System Market – Revenue and Forecast to 2028 (US$ Million)
9.2.6.1 Canada: Aircraft Turbine Fuel System Market, by Type
9.2.6.2 Canada: Aircraft Turbine Fuel System Market, by Aircraft Type
9.2.7 Mexico: Aircraft Turbine Fuel System Market – Revenue and Forecast to 2028 (US$ Million)
9.2.7.1 Mexico: Aircraft Turbine Fuel System Market, by Type
9.2.7.2 Mexico: Aircraft Turbine Fuel System Market, by Aircraft Type
9.3 Europe: Aircraft Turbine Fuel System Market
9.3.1 Europe: Aircraft Turbine Fuel System Market – Revenue and Forecast to 2028 (US$ Million)
9.3.2 Europe: Aircraft Turbine Fuel System Market, by Type
9.3.3 Europe: Aircraft Turbine Fuel System Market, by Aircraft Type
9.3.4 Europe: Aircraft Turbine Fuel System Market, by Key Country
9.3.5 France: Aircraft Turbine Fuel System Market – Revenue and Forecast to 2028 (US$ Million)
9.3.5.1 France: Aircraft Turbine Fuel System Market, by Type
9.3.5.2 France: Aircraft Turbine Fuel System Market, by Aircraft Type
9.3.6 Germany: Aircraft Turbine Fuel System Market – Revenue and Forecast to 2028 (US$ Million)
9.3.6.1 Germany: Aircraft Turbine Fuel System Market, by Type
9.3.6.2 Germany: Aircraft Turbine Fuel System Market, by Aircraft Type
9.3.7 Italy: Aircraft Turbine Fuel System Market – Revenue and Forecast to 2028 (US$ Million)
9.3.7.1 Italy: Aircraft Turbine Fuel System Market, by Type
9.3.7.2 Italy: Aircraft Turbine Fuel System Market, by Aircraft Type
9.3.8 UK: Aircraft Turbine Fuel System Market – Revenue and Forecast to 2028 (US$ Million)
9.3.8.1 UK: Aircraft Turbine Fuel System Market, by Type
9.3.8.2 UK: Aircraft Turbine Fuel System Market, by Aircraft Type
9.3.9 Russia: Aircraft Turbine Fuel System Market – Revenue and Forecast to 2028 (US$ Million)
9.3.9.1 Russia: Aircraft Turbine Fuel System Market, by Type
9.3.9.2 Russia: Aircraft Turbine Fuel System Market, by Aircraft Type
9.3.10 Rest of Europe: Aircraft Turbine Fuel System Market – Revenue and Forecast to 2028 (US$ Million)
9.3.10.1 Rest of Europe: Aircraft Turbine Fuel System Market, by Type
9.3.10.2 Rest of Europe: Aircraft Turbine Fuel System Market, by Aircraft Type
9.4 Asia Pacific: Aircraft Turbine Fuel System Market
9.4.1 Asia Pacific: Aircraft Turbine Fuel System Market – Revenue and Forecast to 2028 (US$ Million)
9.4.2 Asia Pacific: Aircraft Turbine Fuel System Market, by Type
9.4.3 Asia Pacific: Aircraft Turbine Fuel System Market, by Aircraft Type
9.4.4 Asia Pacific: Aircraft Turbine Fuel System Market, by Key Country
9.4.5 Australia: Aircraft Turbine Fuel System Market – Revenue and Forecast to 2028 (US$ Million)
9.4.5.1 Australia: Aircraft Turbine Fuel System Market, by Type
9.4.5.2 Australia: Aircraft Turbine Fuel System Market, by Aircraft Type
9.4.6 China: Aircraft Turbine Fuel System Market – Revenue and Forecast to 2028 (US$ Million)
9.4.6.1 China: Aircraft Turbine Fuel System Market, by Type
9.4.6.2 China: Aircraft Turbine Fuel System Market, by Aircraft Type
9.4.7 India: Aircraft Turbine Fuel System Market – Revenue and Forecast to 2028 (US$ Million)
9.4.7.1 India: Aircraft Turbine Fuel System Market, by Type
9.4.7.2 India: Aircraft Turbine Fuel System Market, by Aircraft Type
9.4.8 Japan: Aircraft Turbine Fuel System Market – Revenue and Forecast to 2028 (US$ Million)
9.4.8.1 Japan: Aircraft Turbine Fuel System Market, by Type
9.4.8.2 Japan: Aircraft Turbine Fuel System Market, by Aircraft Type
9.4.9 South Korea: Aircraft Turbine Fuel System Market – Revenue and Forecast to 2028 (US$ Million)
9.4.9.1 South Korea: Aircraft Turbine Fuel System Market, by Type
9.4.9.2 South Korea: Aircraft Turbine Fuel System Market, by Aircraft Type
9.4.10 Rest of APAC: Aircraft Turbine Fuel System Market – Revenue and Forecast to 2028 (US$ Million)
9.4.10.1 Rest of APAC: Aircraft Turbine Fuel System Market, by Type
9.4.10.2 Rest of APAC: Aircraft Turbine Fuel System Market, by Aircraft Type
9.5 MEA: Aircraft Turbine Fuel System Market
9.5.1 MEA: Aircraft Turbine Fuel System Market – Revenue and Forecast to 2028 (US$ Million)
9.5.2 MEA: Aircraft Turbine Fuel System Market, by Type
9.5.3 MEA: Aircraft Turbine Fuel System Market, by Aircraft Type
9.5.4 MEA: Aircraft Turbine Fuel System Market, by Key Country
9.5.5 Saudi Arabia: Aircraft Turbine Fuel System Market – Revenue and Forecast to 2028 (US$ Million)
9.5.5.1 Saudi Arabia: Aircraft Turbine Fuel System Market, by Type
9.5.5.2 Saudi Arabia: Aircraft Turbine Fuel System Market, by Aircraft Type
9.5.6 UAE: Aircraft Turbine Fuel System Market – Revenue and Forecast to 2028 (US$ Million)
9.5.6.1 UAE: Aircraft Turbine Fuel System Market, by Type
9.5.6.2 UAE: Aircraft Turbine Fuel System Market, by Aircraft Type
9.5.7 South Africa: Aircraft Turbine Fuel System Market – Revenue and Forecast to 2028 (US$ Million)
9.5.7.1 South Africa: Aircraft Turbine Fuel System Market, by Type
9.5.7.2 South Africa: Aircraft Turbine Fuel System Market, by Aircraft Type
9.5.8 Rest of MEA: Aircraft Turbine Fuel System Market – Revenue and Forecast to 2028 (US$ Million)
9.5.8.1 Rest of MEA: Aircraft Turbine Fuel System Market, by Type
9.5.8.2 Rest of MEA: Aircraft Turbine Fuel System Market, by Aircraft Type
9.6 SAM: Aircraft Turbine Fuel System Market
9.6.1 SAM: Aircraft Turbine Fuel System Market – Revenue and Forecast to 2028 (US$ Million)
9.6.2 SAM: Aircraft Turbine Fuel System Market, by Type
9.6.3 SAM: Aircraft Turbine Fuel System Market, by Aircraft Type
9.6.4 SAM: Aircraft Turbine Fuel System Market, by Key Country
9.6.5 Brazil: Aircraft Turbine Fuel System Market – Revenue and Forecast to 2028 (US$ Million)
9.6.5.1 Brazil: Aircraft Turbine Fuel System Market, by Type
9.6.5.2 Brazil: Aircraft Turbine Fuel System Market, by Aircraft Type
9.6.6 Rest of SAM: Aircraft Turbine Fuel System Market – Revenue and Forecast to 2028 (US$ Million)
9.6.6.1 Rest of SAM: Aircraft Turbine Fuel System Market, by Type
9.6.6.2 Rest of SAM: Aircraft Turbine Fuel System Market, by Aircraft Type
10. Aircraft Turbine Fuel System Market - COVID-19 Impact Analysis
10.1 Overview
10.1.1 North America: Impact Assessment of COVID-19 Pandemic
10.1.2 Europe: Impact Assessment of COVID-19 Pandemic
10.1.3 Asia-Pacific: Impact Assessment of COVID-19 Pandemic
10.1.4 Middle East and Africa: Impact Assessment of COVID-19 Pandemic
10.1.5 South America: Impact Assessment of COVID-19 Pandemic
11. Industry Landscape
11.1 Overview
11.2 Market Initiative
11.3 New Product Development
12. Company Profiles
12.1 Collins Aerospace
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Eaton Corporation plc
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Honeywell International Inc.
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Jihostroj a.s.
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 Mascott Equipment Co.
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 Parker-Hannifin Corporation
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 Safran
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 Silver Atena GmbH
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
12.9 Triumph Group, Inc.
12.9.1 Key Facts
12.9.2 Business Description
12.9.3 Products and Services
12.9.4 Financial Overview
12.9.5 SWOT Analysis
12.9.6 Key Developments
12.10 Woodward, Inc.
12.10.1 Key Facts
12.10.2 Business Description
12.10.3 Products and Services
12.10.4 Financial Overview
12.10.5 SWOT Analysis
12.10.6 Key Developments
13. Appendix
13.1 About The Insight Partners
13.2 Word Index
LIST OF TABLES
Table 1. Aircraft Order Shipment Data, 2018, 2019, and 2020
Table 1. Global Aircraft Turbine Fuel System Market Revenue and Forecast to 2028 (US$ Million)
Table 2. North America: Aircraft Turbine Fuel System Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 3. North America: Aircraft Turbine Fuel System Market, by Aircraft Type – Revenue and Forecast to 2028 (US$ Million)
Table 4. North America: Aircraft Turbine Fuel System Market, by Country – Revenue and Forecast to 2028 (US$ Million)
Table 5. US: Aircraft Turbine Fuel System Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 6. US: Aircraft Turbine Fuel System Market, by Aircraft Type – Revenue and Forecast to 2028 (US$ Million)
Table 7. Canada: Aircraft Turbine Fuel System Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 8. Canada: Aircraft Turbine Fuel System Market, by Aircraft Type – Revenue and Forecast to 2028 (US$ Million)
Table 9. Mexico: Aircraft Turbine Fuel System Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 10. Mexico: Aircraft Turbine Fuel System Market, by Aircraft Type – Revenue and Forecast to 2028 (US$ Million)
Table 11. Europe: Aircraft Turbine Fuel System Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 12. Europe: Aircraft Turbine Fuel System Market, by Aircraft Type – Revenue and Forecast to 2028 (US$ Million)
Table 13. Europe: Aircraft Turbine Fuel System Market, by Country – Revenue and Forecast to 2028 (US$ Million)
Table 14. France: Aircraft Turbine Fuel System Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 15. France: Aircraft Turbine Fuel System Market, by Aircraft Type – Revenue and Forecast to 2028 (US$ Million)
Table 16. Germany: Aircraft Turbine Fuel System Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 17. Germany: Aircraft Turbine Fuel System Market, by Aircraft Type – Revenue and Forecast to 2028 (US$ Million)
Table 18. Italy: Aircraft Turbine Fuel System Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 19. Italy: Aircraft Turbine Fuel System Market, by Aircraft Type – Revenue and Forecast to 2028 (US$ Million)
Table 20. UK: Aircraft Turbine Fuel System Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 21. UK: Aircraft Turbine Fuel System Market, by Aircraft Type – Revenue and Forecast to 2028 (US$ Million)
Table 22. Russia: Aircraft Turbine Fuel System Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 23. Russia: Aircraft Turbine Fuel System Market, by Aircraft Type – Revenue and Forecast to 2028 (US$ Million)
Table 24. Rest of Europe: Aircraft Turbine Fuel System Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 25. Rest of Europe: Aircraft Turbine Fuel System Market, by Aircraft Type – Revenue and Forecast to 2028 (US$ Million)
Table 26. Asia Pacific: Aircraft Turbine Fuel System Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 27. Asia Pacific: Aircraft Turbine Fuel System Market, by Aircraft Type – Revenue and Forecast to 2028 (US$ Million)
Table 28. Asia Pacific: Aircraft Turbine Fuel System Market, by Country – Revenue and Forecast to 2028 (US$ Million)
Table 29. Australia: Aircraft Turbine Fuel System Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 30. Australia: Aircraft Turbine Fuel System Market, by Aircraft Type – Revenue and Forecast to 2028 (US$ Million)
Table 31. China: Aircraft Turbine Fuel System Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 32. China: Aircraft Turbine Fuel System Market, by Aircraft Type – Revenue and Forecast to 2028 (US$ Million)
Table 33. India: Aircraft Turbine Fuel System Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 34. India: Aircraft Turbine Fuel System Market, by Aircraft Type – Revenue and Forecast to 2028 (US$ Million)
Table 35. Japan: Aircraft Turbine Fuel System Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 36. Japan: Aircraft Turbine Fuel System Market, by Aircraft Type – Revenue and Forecast to 2028 (US$ Million)
Table 37. South Korea: Aircraft Turbine Fuel System Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 38. South Korea: Aircraft Turbine Fuel System Market, by Aircraft Type – Revenue and Forecast to 2028 (US$ Million)
Table 39. Rest of APAC: Aircraft Turbine Fuel System Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 40. Rest of APAC: Aircraft Turbine Fuel System Market, by Aircraft Type – Revenue and Forecast to 2028 (US$ Million)
Table 41. MEA: Aircraft Turbine Fuel System Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 42. MEA: Aircraft Turbine Fuel System Market, by Aircraft Type – Revenue and Forecast to 2028 (US$ Million)
Table 43. MEA: Aircraft Turbine Fuel System Market, by Country – Revenue and Forecast to 2028 (US$ Million)
Table 44. Saudi Arabia: Aircraft Turbine Fuel System Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 45. Saudi Arabia: Aircraft Turbine Fuel System Market, by Aircraft Type – Revenue and Forecast to 2028 (US$ Million)
Table 46. UAE: Aircraft Turbine Fuel System Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 47. UAE: Aircraft Turbine Fuel System Market, by Aircraft Type – Revenue and Forecast to 2028 (US$ Million)
Table 48. South Africa: Aircraft Turbine Fuel System Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 49. South Africa: Aircraft Turbine Fuel System Market, by Aircraft Type – Revenue and Forecast to 2028 (US$ Million)
Table 50. Rest of MEA: Aircraft Turbine Fuel System Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 51. Rest of MEA: Aircraft Turbine Fuel System Market, by Aircraft Type – Revenue and Forecast to 2028 (US$ Million)
Table 52. SAM: Aircraft Turbine Fuel System Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 53. SAM: Aircraft Turbine Fuel System Market, by Aircraft Type – Revenue and Forecast to 2028 (US$ Million)
Table 54. SAM: Aircraft Turbine Fuel System Market, by Country – Revenue and Forecast to 2028 (US$ Million)
Table 55. Brazil: Aircraft Turbine Fuel System Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 56. Brazil: Aircraft Turbine Fuel System Market, by Aircraft Type – Revenue and Forecast to 2028 (US$ Million)
Table 57. Rest of SAM: Aircraft Turbine Fuel System Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 58. Rest of SAM: Aircraft Turbine Fuel System Market, by Aircraft Type – Revenue and Forecast to 2028 (US$ Million)
Table 59. List of Abbreviation
LIST OF FIGURES
Figure 1. Aircraft Turbine Fuel System Market Segmentation
Figure 2. Aircraft Turbine Fuel System Market Segmentation – By Geography
Figure 3. Global Aircraft Turbine Fuel System Market Overview
Figure 4. Aircraft Turbine Fuel System Market, by Type
Figure 5. Aircraft Turbine Fuel System Market, by Aircraft Type
Figure 6. Aircraft Turbine Fuel System Market, By Geography
Figure 1. Aircraft Turbine Fuel System Market - Porter’s Five Forces Analysis
Figure 2. Aircraft Turbine Fuel System Market: Ecosystem Analysis
Figure 3. Aircraft Turbine Fuel System Market Impact Analysis of Drivers and Restraints
Figure 4. Geographic Overview of Aircraft Turbine Fuel System Market
Figure 5. Global Aircraft Turbine Fuel System Market Revenue Forecast and Analysis (US$ Million)
Figure 6. Aircraft Turbine Fuel System Market, by Type (2020 & 2028)
Figure 7. Hydromechanical: Aircraft Turbine Fuel System Market Revenue and Forecast to 2028 (US$ Million)
Figure 8. Full Authority Digital Engine Control (FADEC): Aircraft Turbine Fuel System Market Revenue and Forecast to 2028 (US$ Million)
Figure 9. Hydromechanical/Electronics: Aircraft Turbine Fuel System Market Revenue and Forecast to 2028 (US$ Million)
Figure 10. Aircraft Turbine Fuel System Market, By Aircraft Type (2020 & 2028)
Figure 11. Commercial Aircraft: Aircraft Turbine Fuel System Market Revenue and Forecast to 2028 (US$ Million)
Figure 12. Military Aircraft: Aircraft Turbine Fuel System Market Revenue and Forecast to 2028 (US$ Million)
Figure 13. General Aviation Aircraft: Aircraft Turbine Fuel System Market Revenue and Forecast to 2028 (US$ Million)
Figure 14. Global Aircraft Turbine Fuel System Market Revenue Share, By Region (2020 & 2028)
Figure 15. North America: Aircraft Turbine Fuel System Market – Revenue and Forecast to 2028 (US$ Million)
Figure 16. North America: Aircraft Turbine Fuel System Market Revenue Share, by Type (2020 & 2028)
Figure 17. North America: Aircraft Turbine Fuel System Market Revenue Share, by Aircraft Type (2020 & 2028)
Figure 18. North America: Aircraft Turbine Fuel System Market Revenue Share, by Key Country (2020 & 2028)
Figure 19. US: Aircraft Turbine Fuel System Market – Revenue and Forecast to 2028 (US$ Million)
Figure 20. Canada: Aircraft Turbine Fuel System Market – Revenue and Forecast to 2028 (US$ Million)
Figure 21. Mexico: Aircraft Turbine Fuel System Market – Revenue and Forecast to 2028 (US$ Million)
Figure 22. Europe: Aircraft Turbine Fuel System Market – Revenue and Forecast to 2028 (US$ Million)
Figure 23. Europe: Aircraft Turbine Fuel System Market Revenue Share, by Type (2020 & 2028)
Figure 24. Europe: Aircraft Turbine Fuel System Market Revenue Share, by Aircraft Type (2020 & 2028)
Figure 25. Europe: Aircraft Turbine Fuel System Market Revenue Share, by Key Country (2020 & 2028)
Figure 26. France: Aircraft Turbine Fuel System Market – Revenue and Forecast to 2028 (US$ Million)
Figure 27. Germany: Aircraft Turbine Fuel System Market – Revenue and Forecast to 2028 (US$ Million)
Figure 28. Italy: Aircraft Turbine Fuel System Market – Revenue and Forecast to 2028 (US$ Million)
Figure 29. UK: Aircraft Turbine Fuel System Market – Revenue and Forecast to 2028 (US$ Million)
Figure 30. Russia: Aircraft Turbine Fuel System Market – Revenue and Forecast to 2028 (US$ Million)
Figure 31. Rest of Europe: Aircraft Turbine Fuel System Market – Revenue and Forecast to 2028 (US$ Million)
Figure 32. Asia Pacific: Aircraft Turbine Fuel System Market – Revenue and Forecast to 2028 (US$ Million)
Figure 33. Asia Pacific: Aircraft Turbine Fuel System Market Revenue Share, by Type (2020 & 2028)
Figure 34. Asia Pacific: Aircraft Turbine Fuel System Market Revenue Share, by Aircraft Type (2020 & 2028)
Figure 35. Asia Pacific: Aircraft Turbine Fuel System Market Revenue Share, by Key Country (2020 & 2028)
Figure 36. Australia: Aircraft Turbine Fuel System Market – Revenue and Forecast to 2028 (US$ Million)
Figure 37. China: Aircraft Turbine Fuel System Market – Revenue and Forecast to 2028 (US$ Million)
Figure 38. India: Aircraft Turbine Fuel System Market – Revenue and Forecast to 2028 (US$ Million)
Figure 39. Japan: Aircraft Turbine Fuel System Market – Revenue and Forecast to 2028 (US$ Million)
Figure 40. South Korea: Aircraft Turbine Fuel System Market – Revenue and Forecast to 2028 (US$ Million)
Figure 41. Rest of APAC: Aircraft Turbine Fuel System Market – Revenue and Forecast to 2028 (US$ Million)
Figure 42. MEA: Aircraft Turbine Fuel System Market – Revenue and Forecast to 2028 (US$ Million)
Figure 43. MEA: Aircraft Turbine Fuel System Market Revenue Share, by Type (2020 & 2028)
Figure 44. MEA: Aircraft Turbine Fuel System Market Revenue Share, by Aircraft Type (2020 & 2028)
Figure 45. MEA: Aircraft Turbine Fuel System Market Revenue Share, by Key Country (2020 & 2028)
Figure 46. Saudi Arabia: Aircraft Turbine Fuel System Market – Revenue and Forecast to 2028 (US$ Million)
Figure 47. UAE: Aircraft Turbine Fuel System Market – Revenue and Forecast to 2028 (US$ Million)
Figure 48. South Africa: Aircraft Turbine Fuel System Market – Revenue and Forecast to 2028 (US$ Million)
Figure 49. Rest of MEA: Aircraft Turbine Fuel System Market – Revenue and Forecast to 2028 (US$ Million)
Figure 50. SAM: Aircraft Turbine Fuel System Market – Revenue and Forecast to 2028 (US$ Million)
Figure 51. SAM: Aircraft Turbine Fuel System Market Revenue Share, by Type (2020 & 2028)
Figure 52. SAM: Aircraft Turbine Fuel System Market Revenue Share, by Aircraft Type (2020 & 2028)
Figure 53. SAM: Aircraft Turbine Fuel System Market Revenue Share, by Key Country (2020 & 2028)
Figure 54. Brazil: Aircraft Turbine Fuel System Market – Revenue and Forecast to 2028 (US$ Million)
Figure 55. Rest of SAM: Aircraft Turbine Fuel System Market – Revenue and Forecast to 2028 (US$ Million)
Figure 56. Impact of COVID-19 Pandemic in North America Country Markets
Figure 57. Impact of COVID-19 Pandemic in Europe Country Markets
Figure 58. Impact of COVID-19 Pandemic in APAC Country Markets
Figure 59. Impact of COVID-19 Pandemic in Middle East and Africa Countries
Figure 60. Impact of COVID-19 Pandemic in South America Countries
The List of Companies - Aircraft Turbine Fuel System Market
- Eaton
- Honeywell International Inc.
- Jihostroj
- Mascott Equipment Co.
- Parker Hannifin Corp.
- Safran
- Triumph Group, Inc.
- Turbine Fuel Systems Inc.
- Woodward Inc.
- Collins Aerospace
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.