Aircraft Fuel Systems Market by Application (Commercial, Military and UAV) will be worth 9.15 Billion by 2020

The global aircraft fuel systems market is expected to reach USD 9.15 Billion by 2020 from USD 6.52 Billion in 2015, at a CAGR of 7.0% during the forecast period. Major drivers for the growth of this market include the increased aircraft deliveries, modernization of military aircrafts, and increased demand for unmanned aerial vehicle (UAV) and fuel management, and measurement system requirements in aircrafts.

https://www.marketsandmarkets.com/Market-Reports/aircraft-fuel-systems-market-239047228.html

The report provides a granular understanding of the aircraft fuel systems market. This report segments the global market on the basis of application, type, technology, component, and geography. The component segment has been further categorized into piping, injection system, valves, pumps, gauges, fuel control & monitoring systems (FCMS), and filters.

On the basis of application, the market has been segmented into commercial, military, and UAV. The types of aircraft fuel systems included in this report are jet engine, helicopter engine, turboprop engine, and UAV engine.

Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownload.asp?id=239047228

The geographic segments included in this report are North America, Europe, Asia-Pacific, The Middle East, and the Rest of the World (RoW). The report maps each type, technology, component, and application segment in geographic and regional segments. The Asia-Pacific is projected to account for ~31.1% share of the global aircraft fuel systems market in 2015. The market in Asia-Pacific is estimated grow at a CAGR of 7.7% from 2015 to 2020.

Asia-Pacific is projected to capture a major share in global aircraft fuel systems market in 2020. The number of aircraft deliveries expected over the next five years is highest in Asia-Pacific, which is driving the growth of the market in this region. Developing countries, such as India and China are increasing their defense spending, which in turn is propelling the growth of the Asia-Pacific aircraft fuel systems market.

Major players operational in this market include Eaton Corporation (Ireland), Parker Hannifin Corporation (U.S.), Woodward, Inc. (U.S.), Honeywell International, Inc. (U.S.), Triumph, Group, Inc. (U.S.), Meggitt PLC (U.K.), GKN Plc. (Worcestershire), Zodiac Aerospace SA (France), Crane CO. (U.S.), and United Technologies Corporation (U.S.).

Get a Sample Report @ https://www.marketsandmarkets.com/requestsample.asp?id=239047228

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.