Report : Middle East and Africa Aircraft Turbine Fuel System Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Type [Hydromechanical, Full Authority Digital Engine Control (FADEC), and Hydromechanical/Electronics] and Aircraft Type (Commercial Aircraft, Military Aircraft, and General Aviation Aircraft)
Full Authority Digital Engine Control (FADEC) Segment to Dominate MEA Aircraft Turbine Fuel System Market during 2020–2028
According to a new market research study on “MEA Aircraft Turbine Fuel System Market to 2028 – COVID-19 Impact and Regional Analysis and Forecast by Type and Aircraft Type” is expected to reach US$ 167.16 million by 2028 from US$ 131.55 million in 2021. The market is estimated to grow at a CAGR of 3.5% from 2021 to 2028. The report provides trends prevailing in the MEA aircraft turbine fuel system market along with the drivers and restraints pertaining to the market growth. Focus on use of lightweight materials is the major factor driving the growth of the MEA aircraft turbine fuel system market. However, stoppage of A380 program and recall of B737 Max hinders the growth of MEA aircraft turbine fuel system market.
The MEA aircraft turbine fuel system market is segmented into type and aircraft type. Based on type, the aircraft turbine fuel system market is segmented into hydromechanical, full authority digital engine control (FADEC), and hydromechanical/electronics. The full authority digital engine control (FADEC) segment held the largest share in 2020 based on type. Based on aircraft type, the MEA aircraft turbine fuel system market is segmented as commercial aircraft, military aircraft, and general aviation aircraft. The commercial aircraft segment held the largest share in 2020.
The MEA aircraft turbine fuel system market is majorly affected by supply chain disruptions caused by the COVID-19 pandemic. The shutdown of borders of countries have disturbed the aerospace & defense industry’s supply chains. These has led to lowered demand for advanced aerospace technologies such as aircraft turbine fuel system systems. This has resulted in a loss of business among the aircraft turbine fuel system market players, offering their products the customers in the MEA. The spread of COVID-19 has led the manufacturers to suspend their operations or operate with a minimal workforce temporarily. This has weakened the demand for turbine fuel systems, thereby hindering the aircraft turbine fuel system market in the region.
Collins Aerospace; Eaton Corporation plc; Honeywell International Inc.; Parker-Hannifin Corporation; Safran; and Woodward, Inc. are among the leading companies in the MEA aircraft turbine fuel system market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market. For instance, in 2021. Honeywell International Inc. announced the development of a turbogenerator for hybrid-electric aircraft. The new turbogenerator will run on jet fuel, diesel, and sustainable fuel alternatives.
The report segments the MEA Aircraft Turbine Fuel System Market follows:
MEA Aircraft Turbine Fuel System Market – By Type
- Hydromechanical
- Full Authority Digital Engine Control (FADEC)
- Hydromechanical/Electronics
MEA Aircraft Turbine Fuel System Market – By Aircraft Type
- Commercial Aircraft
- Military Aircraft
- General Aviation Aircraft
MEA Aircraft Turbine Fuel System Market – By Country
- Saudi Arabia
- South Africa
- UAE
- Rest of MEA
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