Outlook of the global commercial aircraft fuel nozzle market
Technavio’s market research analyst predicts the global commercial aircraft fuel nozzle market to grow at a CAGR of nearly 3% by 2020. Factors such as the recent increase in aircraft orders, backlogs, and increasing delivery of commercial aircraft will result in the development and procurement of fuel nozzles that will foster efficiency in aircraft. This increase in the preference for fuel-efficient commercial aircraft will result in the augmented adoption of fuel nozzles during the forecast period.
The rising demand for new-generation aircraft with improved safety standards is expected to fuel the prospects for market growth over the next four years. In 2014, around 17,354 aircraft were operational on a global scale, and the number is expected to increase to 31,781 aircraft by 2034. Also, with the introduction of next-generation engines, aircraft manufacturers have been compelled to focus on fuel efficiency with less carbon dioxide emissions. This change in the vendors’ preference will foster the demand for fuel nozzles during the predicted period.
Geographical segmentation of the commercial aircraft fuel nozzle market
In this market research, analysts have estimated the Americas to be the largest market for commercial aircraft fuel nozzles during the forecast period. The analysts at Technavio have estimated the Americas’ airline industry to be the most profitable in the global aviation scenario. Growing investments towards the development of advanced fuel nozzles that enhance the flight’s overall safety will aid in the growth of this market during the predicted period.
Competitive landscape and key vendors
The global market for commercial aircraft fuel nozzles is highly competitive as the vendors compete on the basis of cost, product quality, reliability, and aftermarket service. In this market, the vendors that have the capability to offer cost-effective and high-quality fuel nozzles with latest technology and materials will gain a competitive edge over their rivals.
Leading vendors in the market are -
- Advanced Atomization Technologies
- Eaton
- Parker Hannifin
- UTC Aerospace Systems
- Woodward
Other prominent vendors in the market include CAVOTEC, ELAFLEX, GKN Aerospace, GE Aviation, and Saab.
Key questions answered in the report include
- What will the market size and the growth rate be in 2020?
- What are the key factors driving the global commercial aircraft fuel nozzle market?
- What are the key market trends impacting the growth of the global commercial aircraft fuel nozzle market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the vendors in the global commercial aircraft fuel nozzle market?
- Trending factors influencing the market shares of the Americas, APAC, and EMEA.
- What are the key outcomes of the five forces analysis of the global commercial aircraft fuel nozzle market?
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Table of Contents
PART 01: Executive summary
PART 02: Scope of the report
- Market overview
- Top-vendor offerings
PART 03: Market research methodology
- Research methodology
- Economic indicators
PART 04: Introduction
PART 05: Market landscape
- Market size and forecast
- Five forces analysis
PART 06: Global aerospace and defense supply chain system
PART 07: Global aerospace and defense value chain system
PART 08: Geographical segmentation
- Market segmentation by geography
- Geographic segmentation by revenue
- Commercial aircraft fuel nozzle market in Americas
- Commercial aircraft fuel nozzle market in EMEA
- Commercial aircraft fuel nozzle market in APAC
PART 09: Market drivers
- Use of ceramic matrix composite nozzles
- Increase in number of aircraft
- Introduction of low-emission GEnx jet engine
PART 10: Impact of drivers
PART 11: Market challenges
- Issues associated with MRO of fuel nozzles
- Servicing standards of fuel nozzles
- Thermal challenges associated with MEA
PART 12: Impact of drivers and challenges
PART 13: Market trends
- 3D printing
- Continued use of composites
- Development of next-generation engines
PART 14: Vendor landscape
- Competitive scenario
- List of vendors in global commercial aircraft fuel nozzle market
- Advanced Atomization Technologies
- Eaton
- Parker-Hannifin
- UTC Aerospace Systems
- Woodward
- Key vendors' recent developments
PART 15: Appendix
PART 16: Explore Technavio
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
- Manufacturers and suppliers
- Channel partners
- Industry experts
- Strategic decision makers
Secondary sources
- Industry journals and periodicals
- Government data
- Financial reports of key industry players
- Historical data
- Press releases
DATA ANALYSIS
Data Synthesis
- Collation of data
- Estimation of key figures
- Analysis of derived insights
Data Validation
- Triangulation with data models
- Reference against proprietary databases
- Corroboration with industry experts
REPORT WRITING
Qualitative
- Market drivers
- Market challenges
- Market trends
- Five forces analysis
Quantitative
- Market size and forecast
- Market segmentation
- Geographical insights
- Competitive landscape