Aircraft Fuel Tank - Global Market Outlook (2019-2027)
According to Stratistics MRC, the Global Aircraft Fuel Tank Market is accounted for $869.00 million in 2019 and is expected to reach $1,153.18 million by 2027 growing at a CAGR of 3.6% during the forecast period. Introduction of new aircraft programs and rising aircraft orders are the major factors driving the market growth. However, high cost of manufacturing setup and strict standards from regulating authorities are restraining the market growth.
An aircraft fuel tank is a container for storage of fuel or other flammable liquids. The term is usually applied to part of an aircraft engine system in which the fuel is stored and released into the engine. These tanks range in size and complexity from the small plastic tank of a butane lighter to the multi-chambered.
Based on platform, the commercial aviation segment is likely to have a huge demand. The internal tanks present in this aviation are a significant part of the aero structure requiring regular checks and repairs and thus are expected to drive the segment growth. By geography, North America is going to have a lucrative growth during the forecast period due to high military expenditure of the US and growing trend to upgrade existing/older aircraft in the aircraft industry.
Some of the key players profiled in the Aircraft Fuel Tank Market include Aero Tec Laboratories Inc (ATL), Robertson Fuel Systems LLC, Northstar, Cobham PLC, Meggitt PLC, GKN Aerospace, General Dynamics Corporation, Elbit Systems – Cyclone Ltd, Safran S.A. and Marshall Aerospace and Defence Group.
• Rigid Tank
• Flexible Tank
Aircraft Types Covered:
• Fighter Jet
• Narrow Body Aircraft
• Regional Jet
• Rotary-wing Aircraft
• Wide Body Aircraft
• More than 70 L Aircraft Fuel Tank
• 51 L to 70 L Aircraft Fuel Tank
• 30 L to 50 L Aircraft Fuel Tank
• <30 L Aircraft Fuel Tank
• Aluminum Aircraft Fuel Tank
• Carbon-Based Composites
• HDPE Aircraft Fuel Tank
• Metallic Alloys
• Steel Aircraft Fuel Tank
Installed Positions Covered:
• Private Jet
• Military Aviation
• Commercial Aviation
End Users Covered:
• Original Equipment Manufacturer (OEM)
• North America
o Rest of Europe
• Asia Pacific
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2018, 2019, 2020, 2024 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter’s five forces analysis, SWOT analysis, etc.
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
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