The global Aircraft
Fuel Systems Market size is expected to reach USD 7.50 billion
by 2026 according to a new study by Polaris Market Research. The report “Aircraft Fuel
Systems Market Share, Size, Trends, Industry Analysis Report By Aircraft Type
(Commercial, Military, UAV), By Technology Type (Pump Feed, Fuel Injection,
Gravity Feed), By Component Type (Pumps & Valves, Fuel Tank, Piping,
Gauging, Inerting Systems, Others), By Engine Type (Jet Engine, Helicopter Engine,
Turboprop Engine, UAV Engine), By Regions, Segments & Forecast, 2020 –
2026” gives a detailed insight into current market
dynamics and provides analysis on future market growth.
Aircraft
fuel systems are designed to provide uninterrupted and uncontaminated free fuel
regardless of the aircraft’s attitude. As fuel load take a significant portion
of airliner’s weight, a sufficiently strong airframe is designed in a way to
control fuel loads and shifts in weight. This is an essential system which pumps,
manages, and delivers jet fuel to the propulsion system and auxiliary power
unit (APU). The implementation and functional characteristics play a critical
role in design, certification, and operational aspects of both military and
commercial jets. These systems directly affect the performance of an airliner
as compared to any other airplane system.
Globally,
flights generated about 915 million tonnes of CO2 in 2019 which is equivalent
of 2% of all human induced CO2 emissions (42 billion tonnes). Aviation sector
is responsible for 12% of CO2 emissions in transportation industry as compared
to 74% emitted by road transport. Government and Federal Organizations are
trying to regulate tough protocols for airplane OEMs and fuel system
manufacturers in order to reduce the carbon emissions. An airplane fuel system
consists of mainly storage tanks, valves, pumps, and metering & monitoring
devices which are designed under strict Title 14 of the code of Federal
Regulations guidelines. To meet the FAA requirements, the manufacturers design
the systems which are free from vapor lock when using the jet-fuel at critical
temperature. The tanks are separated from personnel compartments of the
aircrafts by fume-proof and fire-proof enclosures which are vented and drained
to the exterior of the airplane. The components of this system are bonded and
grounded in order to drain off static charge.
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Furthermore,
increasing global airliner fleet, increasing commercial & regional airplane
production & deliveries, growing revenue passenger kilometers, growing
demand of lightweight components for achieving higher fuel efficiency &
save costs, rising demand for fuel efficient & lightweight fuel systems are
some for the major factors aiding in the growth of global industry.
Among
airplane type, the market is segmented into commercial, military, and UAV.
Commercial airliners are expected to be the largest market in 2019, owing to
increasing production rates of the commercial airliner models such as B737,
B787, A320, A350XWB, C919, A320 Neo, B737 Max, B777x, and A330 Neo. This
segment is also propelled by rising commercial jet deliveries to support
growing passenger traffic pushed by rising per capita income. Moreover,
introduction of new generation fuel-efficient airliner models such as B737Max
and B787 Dreamliner is another major factor aiding in the growth for the
industry globally.
Among
technology type, the market is segmented into pump feed, fuel injection, and
gravity feed. In 2019, pump feed was estimated to be the largest market for
fuel systems globally. This technology is majorly used on commercial and
military jets as these are mid and low-wing airplanes with wing location not
above the engines. The technology uses fuel-pumps to deliver the fuel from the
tanks to engines.
Among
component type, the market is segmented into pumps & valves, fuel tank,
piping, gauging, inerting systems, and others. In 2019, gauging was estimated
to be the most dominant component type followed by pumps & valves. Gauging
is basically an instrument with sensing unit in the tank & indicator in the
dashboard which is used to indicate and monitor amount of fuel in a tank. Pumps
are used for transferring the fuel from the tanks to the carburetor whereas
valves regulates & controls the flow by opening and closing or by
obstructing the various fuel passage directions.
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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
most dominant engine type, according to Polaris Market Research. Jet engine
basically powers the commercial airplane, regional planes, business jets, and
military aircrafts. Increasing production rates of commercial airplane models
such as A320, B787, B737, and Bombardier C series is one of the major factors
aiding in the growth for jet engine segment and thereby driving the industry.
Among
region, North America is expected to remain the largest region for aircraft
fuel-systems globally as this region is the manufacturing capital of aerospace
& defense industry due to large presence of aircraft OEMs, component
manufacturers, fuel system vendors, distributors, and raw material suppliers.
Moreover, presence of largest airplane fleet in the region is another major
factor aiding the growth in this region.
Companies
such as Collins Aerospace, Eaton, GKN Aerospace Services Limited, Honeywell
International Inc., Meggitt PLC, PARKER HANNIFIN CORP, Safran, Triumph Group
Inc., and Woodward Inc., are some of the major vendors operating in this
industry.
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