Aircraft Fuel Nozzle Market Highlights:
Aircraft fuel nozzle or aircraft fuel spray nozzle is a part of the intensely advanced aircraft fuel system which intakes pressurized aviation turbine fuel to spray it inside the combustion chamber, all the while maintaining a precise manner. The aircraft fuel nozzle market is expected to grow with a moderate 4% CAGR during the forecast period (2018-2023). Market Research Future (MRFR) predicts several factors as its potential market impact creator that would help the market grow forward.
Increase in defense expenditure is one of the main reasons that would help the market grow during the forecast period. The rising demand for fighter aircrafts and commercial jets are some of the major reasons that would ensure future growth. But the backlogs in the commercial segment can hinder the growth prospect substantially.
The growth in global air travel and subsequent demand for new aircraft are key factors projected to drive the growth of the civil aircraft fuel nozzle market. In addition, rise in defense expenditure and subsequent demand for new combat aircraft drives the growth of military aircraft fuel nozzle market. However, the existing backlogs in new commercial aircraft deliveries hinders the market growth to a certain extent, whereas developing an effective fuel nozzle that ensures reduced particulate emissions, quieter operation, reduced fuel consumption and longer intervals between overhauls is a challenge faced by the emerging players. Meanwhile factors such as focus on aircraft modernization programs, growing importance for aviation safety and initiatives taken for ensuring safe flight further boosts the service (MRO) requirement and impacts the aftermarket growth. Furthermore, developments in 3D printing technology for manufacturing fuel nozzles and technological advancements in combustor design offer promising growth opportunities to aircraft fuel nozzle market players.
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Major Key Players:
- Avstar Fuel Systems, Inc. (US),
- Advanced Atomization Technologies (JV between Parker Aerospace & GE Aviation (US)),
- Collins Aerospace (part of United Technologies Corporation (US)),
- Axian Technology, Inc. (US),
- Precision Airmotive LLC (US),
- General Aviation Modifications, Inc. (US),
- GE Aviation (a part General Electric Company (US)),
- Parker Hannifin Corporation (US),
- Kelly Aerospace Inc. (US),
- Woodward, Inc. (US).
According to MRFR, The global Aircraft Fuel Nozzle Market is estimated to register a CAGR of nearly 4% during the forecast period of 2018 to 2023.
Industry News/Updates:
In March 2019, GE announced that they are going to expand their Alabama facility for aviation productions. They would spend USD 50 million to improve the manufacturing capabilities of the site for jet engine components. The site uses 3D print technology to produce most of the components. Recently, they celebrated the 30,000th production of fuel nozzle tip.
Report Key Insights
- Market Sizing, Forecast and Analysis: Detailed coverage on market segment and its sub segments
- Regional / Country Trend and Forecast: Detailed analysis on North America, Asia Pacific, Europe, Middle East & Africa, and Latin America, along with key countries in each of the regions
- Market dynamics intelligence: Market drivers, opportunities, trends, restraints, Porter’s five forces, supply chain & value chain analysis
- Technology Trend, Regulatory Landscape, and Patent Analysis Outlook
- Competitive Intelligence: Market share analysis, financial analysis, product benchmarking, strategic developments including JVs, Product Launch, and M&A
- Regional attractiveness and related growth opportunities
Segmentation:
The global aircraft fuel nozzle market is segmented by MRFR on the basis of nozzle type, aircraft type, injection mechanism, and vendor for a better understanding of the industry.
By nozzle type, the aircraft fuel nozzle market includes simplex fuel nozzle and duplex fuel nozzle. The duplex fuel nozzle segment owns the largest market share and is expected to record the fastest CAGR throughout the forecast period. The duplex fuel nozzle configuration gets more recognition due to its flow divider and ability to offer desirable spray patterns for combustion.
By aircraft type, the aircraft fuel nozzle market comprises civil and military aircraft. The civil aircraft segment owns most of the market shares and is touted to attain a higher CAGR over the forecast period. Meanwhile, in developing countries, defense expenditure is growing and it is expected to take forward the military aircraft segment.
By injection mechanism, the aircraft fuel nozzle market consists single injection point nozzle and multiple injection point nozzle. The single injection point nozzle segment heads the market but the multiple injection point nozzle segment is expected to achieve better growth during the forecast period. Its features like larger coverage areas and superior spray performance including significantly higher flow rates, making it the choicest preference for several companies.
By vendor, the aircraft fuel nozzle market includes OEM and aftermarket. The OEM segment spearheads the market share while the aftermarket segment can expect better growth rate during the forecast period.
Regional Analysis:
MRFR in their region-specific analysis of the aircraft fuel nozzle market included namely, North America, Europe, Asia Pacific (APAC), and Rest-of-the-World (RoW).
North America heads the segment with lot of investment to back up the regional growth of the market. At the same time, the presence of a country like the U.S., whose defense expenditure is quite high, is emerging as a decisive market factor. Europe, on the other hand is also experiencing much traction due to presence of several market leaders in the region like in France and the U.K. However, it is the APAC market that is growing with the fastest speed during the forecast period. The region is witnessing a rise in both commercial and combat aircraft in countries such as China and India.
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Intended Audience
- Aircraft Fuel Nozzle Manufactures
- Aircraft Engine OEMs
- Aircraft Engine MROs
- Aircraft OEMs
- Component Providers
- Defense Organizations
- Research Institutes
- Regulatory Bodies
List Of Tables
Table 1 Global Aircraft Fuel Nozzle Market, by Region, 2018–2023
Table 2 North America: Aircraft Fuel Nozzle Market, by Country, 2018–2023
Table 3 Europe: Aircraft Fuel Nozzle Market, by Country, 2018–2023
Table 4 Asia-pacific: Aircraft Fuel Nozzle Market, by Country, 2018–2023
Table 5 Rest of the World: Aircraft Fuel Nozzle Market, by Region, 2018–2023
Table 6 Global Aircraft Fuel Nozzle, Nozzle Type Market, by Region, 2018–2023
Table 7 North America: Aircraft Fuel Nozzle, Nozzle Type Market, by Country, 2018–2023
Continued…….
List Of Figures
Figure 1 Research Process of Mrfr
Figure 2 Top-down & Bottom-up Approaches
Figure 3 Market Dynamics
Figure 4 Impact Analysis: Market Drivers
Figure 5 Impact Analysis: Market Restraints
Figure 6 Porter’s Five Forces Analysis
Figure 7 Value Chain Analysis
Figure 8 Global Aircraft Fuel Nozzle Market Share, by Nozzle Type, 2017 (%)
Continued…….
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