The global aircraft fuel systems market is anticipated to grow at a CAGR of 6.8% during the forecast period. The rising number of daily flights is a major factor driving the growth of the market. The Federal Aviation Administration handles more than 45,000 flights and 2.9 million airline passengers across more than 29 million square miles of airspace every day in 2020. The rising disposable income and the increasing number of private aircraft for business or recreational activities are also driving the growth of the aircraft fuel systems market. However, the fluctuating prices of raw materials required for manufacturing aircraft fuel systems may hinder the growth of the market during the forecast period.
Get Free Sample link @ https://www.omrglobal.com/request-sample/aircraft-fuel-systems-market
The COVID-19 pandemic had negatively impacted the global aircraft fuel systems market due to international trade restrictions. The supply chain disruptions had also postponed the manufacturing of aircraft fuel systems. Moreover, the lockdown norms had also restrained the traveling activities, which in turn drastically reduced the number of regular flights. This had reduced the demand for aircraft maintenance and fuel systems globally. The market is expected to show a U-shaped recovery as the COVID-19 situation gets normalized during the forecast period.
A full report of Global Aircraft Fuel Systems Market available @ https://www.omrglobal.com/industry-reports/aircraft-fuel-systems-market
- Market Coverage
- Market number available for – 2022-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill Inc., and others
Market Segmentation
Global Aircraft Fuel Systems Market by Technology
- Gravity Feed
- Pump Feed
- Fuel Injection Systems
Global Aircraft Fuel Systems Market by Application
- Commercial Aircraft
- Military Aircraft
- UAV
Regional Analysis
- North America
- US
- Canada
- Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- Rest of Asia-Pacific
- Rest of the World
Company Profiles
- Collins Aerospace
- Crane Co.
- Eaton Corp. Plc
- FuelerLinx
- GKN Aerospace
- Honeywell International, Inc.
- Meggitt Plc
- Parker Hannifin Corp.
- Rolls-Royce Plc
- Safran SA
- Secondo Mona SpA
- Skyward, Ltd.
- Thales Group
- The Boeing Co.
- Triumph Group Inc.
- Woodward, Inc.
The Report Covers
- Market value data analysis of 2021 and forecast to 2028.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global aircraft fuel systems market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/aircraft-fuel-systems-market
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.
Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 780-304-0404
