Growth of the Aviation Industry to Drive the Aircraft Fuel Systems Market

About Aircraft Fuel Systems

Aircraft fuel systems is an integral part of an aircraft. Engineering skills are required to develop a fuel system model that can also do other thermal studies such as fuel tank in-erting and flammability. Building and validating in-erting systems as part of the fuel system design is crucial for safety, as it lowers oxygen levels, or the amount of air above the fuel, preventing combustion. Aircraft fuel systems assists in loading, storing, managing, and delivering fuel to an aircraft's propulsion system. By permitting fuel dumping, they are also utilized to reduce weight and optimize the aircraft's center of gravity (COG).  

Aircraft fuel systems are made up of a variety of components that enable a consistent flow of clean fuel under all operating situations. The size and kind of aircraft in which they are placed determine how different most aircraft fuel systems are. Makers have produced pre-calibrated fuel systems that assist Aircraft manufacturers save time during installation, as well as systems that don't require frequent maintenance and inspection. The key players in the market are Eaton Corporation, Parker-Hannifin Corporation, Woodward Inc., Honeywell International Inc., Triumph Group Inc., Meggitt PLC, GKN plc., Safran SA, Crane Co., United Technologies Corporation.

Developments In the Aircraft Fuel Systems Market

With a growing emphasis on reducing aircraft weight and improving fuel economy, aircraft manufacturers are increasingly adopting sophisticated lightweight materials in both structural and semi-structural components, resulting in a requirement for lightweight, safe, and reliable fuel systems.

Furthermore, the industry is being propelled forward by expanding passenger traffic and a growing global aircraft fleet. Various government-funded organizations are also sponsoring research and development (R&D) initiatives aimed at developing fuel systems that are suitable for next-generation aircraft.

The worldwide aircraft fuel systems market was estimated to be USD 8.4 billion in 2019. The worldwide aircraft fuel systems market is expected to grow at a CAGR of roughly 5.8% during the projected period, (2019-2030). 

 The EU-funded SAfer FUEL (SAFUEL) project, for example, is pushing the development of systems that may overcome the challenges given by electrical connection and extremely flammable composite materials used in current Aircrafts.

Manufacturers are also attempting to reduce the amount of electricity needed to read gasoline levels, as well as the use of conductive metals in fuel tanks. Technological developments in military aircraft and expansion in the commercial aviation sector are two major aspects that are bolstering the market's growth.

Conclusion

Aviation is an industry that continues to grow year after year, with the increasing number of low-cost airlines and routes driving passenger counts to new highs. These increases have prompted major infrastructure upgrades and getting planes into the air is more important than ever.