Global Commercial Aircraft Turbine Fuel Injection Component Market 2017-2021

Overview of the global commercial aircraft turbine fuel injection component market

Research analysis on the global commercial aircraft turbine fuel injection component market identifies that the need for improved aero-engine components will be one of the major factors that will have a positive impact on the growth of the market. Technavio's market research analysts predict that this market will grow at a CAGR of about 6% by 2021. The new-generation aircrafts such as such as Boeing 787 and 737 MAX offer better fuel efficiency compared with earlier-generation airplanes and generate less pollution. Manufacturers are increasingly focusing on using carbon composites to build components that will reduce the overall weight of the aircraft and improve aerodynamic efficiency. Moreover, advanced materials and processes, such as additive layer technique, are utilized to make engine components to increase the engine efficiency. Owing to the high maintenance and repair costs associated with aircraft components, manufacturers are focusing on equipping new aircrafts with durable engine parts that will require maintainence at longer intervals and benefit airline operators.

The increased utilization of ceramic components will be one of the latest trends that will contribute to the growth of this market. Aero-engine component manufacturers are using composite-based parts that are much lighter, stronger, and have better shape and size freedom than other metals. These materials enhance the efficiency and durability of the components. Moreover, these parts can resist high temperatures of about 1200°C and have higher fatigue and corrosion resistance than metal parts. These advantages will drive the demand for ceramic components in the commercial aircraft turbine fuel injection component market in the coming years.

Competitive landscape and key vendors  

The vendors in the commercial aircraft turbine fuel injection component market compete based on factors such as component cost, quality, and reliability. Since quality is a key factor, it is important for the vendors in this market to offer better quality components equipped with latest technologies. The commercial aircraft turbine fuel injection component manufacturers are constantly investing in research and development to develop new techniques that will improve the quality of components and will help in increasing their market share.

The leading vendors in the market are -

• Eaton
• PARKER HANNIFIN
• UTC Aerospace Systems
• Woodward

The other prominent vendors in the market are Emerson, GE Aviation, ITT, TRIUMPH GROUP, and Valcor Engineering.

Segmentation by aircraft type and analysis of the commercial aircraft turbine fuel injection component market

• Narrow-body aircraft
• Wide-body aircraft
• Regional jets

During 2016, the narrow-body aircraft segment accounted for the major shares of the commercial aircraft turbine fuel injection component market. Factors such as the increased demand for low-cost carriers in developing economies and the need for fuel efficiency, will contribute to the growth of this industry segment in the coming years.

Geographical segmentation and analysis of the commercial aircraft turbine fuel injection component market

• Americas
• APAC
• EMEA

This market study estimates that in terms of geographic regions, the Americas will be the major revenue contributor to the commercial aircraft turbine fuel injection component market throughout the forecast period. The rising demand for new aircraft procurement and investments in the aerospace parts and component manufacturing sectors, will drive the growth of the market in this segment.

Key questions answered in the report include

• What will the market size and the growth rate be in 2021?
• What are the key factors driving the global commercial aircraft turbine fuel injection component market?
• What are the key market trends impacting the growth of the global commercial aircraft turbine fuel injection component market?
• What are the challenges to market growth?
• Who are the key vendors in the global commercial aircraft turbine fuel injection component market?
• What are the market opportunities and threats faced by the vendors in the global commercial aircraft turbine fuel injection component 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 turbine fuel injection component market?

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