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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.
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 -
The other prominent vendors in the market are Emerson, GE Aviation, ITT, TRIUMPH GROUP, and Valcor Engineering.
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.
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.
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Turbine fuel injection components consist of fuel nozzles and atomization technologies meant for injecting fuel or fuel and air mixtures into gas turbine engines to support high and efficient combustion. This upcoming research report on the global commercial aircraft turbine fuel injection component market offers insights into the key trends and emerging drivers promoting the growth of the aerospace and defense. Our reports for the aerospace and defense industry also follow a meticulous data collection methodology and offer an analysis of fast growing market segments like aerospace components.
Our research practices assist clients in formulating effective growth strategies and staying updated about the changing aerospace and defense market topography. This market study also furnishes a detailed analysis of various aerospace components based on the comprehension of the information gathered from specific resources such as vendor briefings, industry journals, and webinars and podcasts. By considering the market forecast, size, and surging demand for various aerospace components, the market research experts at Technavio offer an all-inclusive picture of the global commercial aircraft turbine fuel injection component market for the estimated period of 2017 to 2021.
This upcoming market research report on the global commercial aircraft turbine fuel injection component market also covers geographies like the Americas, APAC, and EMEA. According to our analysts, factors such as growing demand for enhanced aero-engine components and increased efforts to reduce carbon emission may influence the demand for commercial aircraft turbine fuel injection components across the globe for the next few years.
The upcoming industry research report on the global commercial aircraft turbine fuel injection component market also shortlists the major drivers, emerging trends, as well as the hurdles come across by the aerospace components sector currently. This upcoming report on the global commercial aircraft turbine fuel injection component market presents insights into the rapidly changing competitive landscape to offer clients a complete picture of the forthcoming events within the aerospace and defense industry. Technavio also provides deep-dive market assessments into sectors such as aerospace manufacturing and aerospace products.
Our market research methodology for the global commercial aircraft turbine fuel injection component market
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PART 01: Executive summary
PART 02: Scope of the report
PART 03: Research Methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Market segmentation by aircraft type
PART 07: Geographical segmentation
PART 08: Decision framework
PART 09: Drivers and challenges
PART 10: Market trends
PART 11: Vendor landscape
PART 12: Key vendor analysis
PART 13: Appendix
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