The aircraft fuel systems market is segmented by technology (fuel injection, pump feed, and gravity feed), application (commercial and military), and geography (North America, Europe, APAC, South America, and the Middle East and Africa). Continuous improvements in aircraft components are the major aircraft fuel systems market trends that will positively influence the market value.
The aircraft fuel systems market share will value over USD 1,808.81 million by 2027
It is estimated to expand at a CAGR of 6.64% from 2022 to 2027
The aircraft fuel systems market size will witness a YOY growth rate of 4.9% in 2023
Get a peek into the Aircraft Fuel Systems Market Analysis Report 2023-2027. Unlock the Sample Report The report includes historic market data from 2017 to 2021. In 2017, the market was valued at USD 4200.37 Million
Browse Technavio's 170-page report and in-depth TOC on "Aircraft Fuel Systems Market by technology (fuel injection, pump feed, and gravity feed), application (commercial and military), and geography (North America, Europe, APAC, South America, and Middle East and Africa).
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With the implementation of disruptive technologies, such as the integration of advanced composite components, the evolution of more-electric aircraft models, and the adoption of alternative fuels, it is necessary to ensure the enhancement of safety factors in line with operational efficiency.
To enhance the overall efficiency of aircraft, the amount of fuel carried on board needs to be optimized. Electrical capacitive sensor systems are used to fill the gap between the plates in the fuel tank, which helps to monitor the fuel level in the fuel tank, thus maximizing the efficiency of the system. The use of such advanced systems and sensors facilitates greater fuel efficiency, which will support the growth of the market during the forecast period.
Some of the major aircraft fuel systems market vendors are:
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The deterioration of fuel tanks due to fungal growth is the major hindrance for market players
The aircraft fuel systems market structure is fragmented in nature.
35% of aircraft fuel systems market growth will develop from North America.
The market growth by the fuel injection segment will be significant during 2023-2027