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

• Americas
• APAC
• EMEA

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?

Technavio also offers customization on reports based on specific client requirement.

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