Aircraft Fuel Systems Market by Application (Commercial, Military and UAV), Engine Type (Jet engine, Turboprop engine, Helicopter engine and UAV engine), Component, Technology & Region - Global Forecasts to 2020
The global aircraft fuel systems market is expected to reach USD 9,146.6 million by 2020 from USD 6,524.6 million in 2015, at a CAGR of 7.0% between 2015 and 2020. The geographic segments included in this report are Asia-Pacific, North America, Europe, The Middle East, and the Rest of the World (RoW). The aircraft fuel system market in Asia-Pacific is expected to account for the largest share of the aircraft fuel systems market in 2015, while the market in the Middle East is expected to be the fastest-growing market globally, during the forecast period.
The growth in the global market is mainly driven by the increase in commercial aircraft deliveries, rise in the need for lightweight aircrafts, and modernization of military aircrafts. The high-growth potential in the emerging markets, such as China, India, and Saudi Arabia provides new growth opportunities to players in the aircraft fuel systems market.
A combination of bottom-up and top-down approaches was used to calculate the market sizes and growth rates of the aircraft fuel systems market and its sub segments. All percentage shares, splits, and breakdowns were determined using secondary sources and verified through primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. Primary interviews with key opinion leaders were also used to determine the percentage shares of each sub segment and the relative differences in growth rates. The report provides qualitative insights about growth rates and market drivers for all sub segments. It maps market sizes and growth rates for each sub segment and identifies...