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Europe 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)

Code: TIPRE00023585 | Pages: 114 | Industry: Aerospace and Defense | Date: Jul 2021
Covid

Market Introduction

European region consists of Germany, France, the UK, Italy, Russia, and the Rest of Europe; among which France and Russia have the biggest aircraft manufacturing hub. The aviation industry is among the largest sectors, which contribute massively to the GDP of the region. Owing to high GDP per capita, the air travel is considered the most preferred means of travel among European population. Further, the presence of robust technological infrastructure and favorable economic conditions have paved the way for the aerospace and aviation industry to flourish in this region, thereby propelling the growth of aircraft turbine fuel system market in Europe. Europe houses manufacturing facilities of some of the major aircraft manufacturers such as Airbus, Dassault Aviation, Leonardo, and Thales Group. The presence of such leading players has paved the growth path for military and civil aircraft and helicopters. The existence of various aircraft and helicopter manufacturers in the region is one of key driving factors for the growth of the aircraft turbine fuel system market.

European countries have been experiencing a continuous surge in the COVID-19 cases. The European aviation industry is composed of aircraft OEMs, component suppliers, airlines, and MRO service providers. The outbreak has affected each aviation business stakeholders' business in the region. Several airlines in the region have postponed the pending aircraft fleet's procurement dates to manage their current operational costs. The aircraft OEMs and component suppliers are suffering economic losses due to this move of the airlines. Airbus, a forerunner in terms of aircraft production volume, delivered 566 aircraft in 2020, compared to 863 aircraft in 2019. Apart from Airbus, other aircraft OEMs such as Dassault Aviation, Leonardo, Sukhoi, Tupolev, and Ilyushin, among others, also faced severe challenge in delivering substantial number of aircraft models to respective customers. This has lowered the demand for aircraft turbine fuel systems in Europe. France, Italy, the UK, and Russia are among the European countries that have a greater number of aircraft manufacturers; they are also among the severely hit countries by the pandemic.        




Market Overview and Dynamics

The aircraft turbine fuel system market in Europe is expected to grow from US$ 645.60 million in 2021 to US$ 1,115.04 million by 2028; it is estimated to grow at a CAGR of 8.1% from 2021 to 2028. Moreover, growing air travel and increasing government budgets for military aircraft and helicopters have stimulated the MRO services, which has significantly boosted the revenue stream of aircraft turbine fuel system market players operating in Europe. With more than 20,000 flights a day and ~500 million passengers flying every year, Europe accredits to be the world’s busiest airspace. The airlines in the European countries, irrespective of full service or low-cost airlines, are facing extreme pressure for air travel. This is influencing the companies to procure a high number of aircraft.    

Key Market Segments

The Europe 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 Europe 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.

Major Sources and Companies Listed

A few major primary and secondary sources referred to for preparing this report on the aircraft turbine fuel system market in Europe are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are Collins Aerospace; Eaton Corporation plc; Honeywell International Inc.; Jihostroj a.s.; Mascott Equipment Co.; Parker-Hannifin Corporation; Safran; Silver Atena GmbH; and Triumph Group, Inc.

Reasons to buy report

  • To understand the Europe aircraft turbine fuel system market landscape and identify market segments that are most likely to guarantee a strong return.
  • Stay ahead of the race by comprehending the ever-changing competitive landscape for Europe aircraft turbine fuel system market.
  • Efficiently plan M&A and partnership deals in Europe aircraft turbine fuel system market by identifying market segments with the most promising probable sales.
  • Helps to take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segment form Europe aircraft turbine fuel system market.
  • Obtain market revenue forecast for market by various segments from 2021-2028 in Europe region.

Europe Aircraft Turbine Fuel System Market Segmentation

Europe Aircraft Turbine Fuel System Market - By Type

  • Hydromechanical
  • Full Authority Digital Engine Control (FADEC)
  • Hydromechanical/Electronics

Europe Aircraft Turbine Fuel System Market - By Aircraft Type

  • Commercial Aircraft
  • Military Aircraft
  • General Aviation Aircraft

Europe Aircraft Turbine Fuel System Market - By Country

  • France
  • Germany
  • Italy
  • UK
  • Russia
  • Rest of Europe

Europe Aircraft Turbine Fuel System Market - Company Profiles

  • Collins Aerospace
  • Eaton Corporation plc
  • Honeywell International Inc.
  • Jihostroj a.s.
  • Mascott Equipment Co.
  • Parker-Hannifin Corporation
  • Safran
  • Silver Atena GmbH
  • Triumph Group, Inc.
 

TABLE OF CONTENTS

1.           Introduction

1.1         Study Scope

1.2         The Insight Partners Research Report Guidance

1.3         Market Segmentation

2.           Key Takeaways

3.           Research Methodology

3.1         Coverage

3.2         Secondary Research

3.3         Primary Research

4.           Europe Aircraft Turbine Fuel System Market Landscape

4.1         Market Overview

4.2         Porter’s Five Forces Analysis

4.3         Ecosystem Analysis

5.           Europe Aircraft Turbine Fuel System – Market Dynamics

5.1         Market Drivers

5.1.1        Aircraft Manufacturing Witnessing Significant Rise

5.1.2        Growing Aircraft MRO Operation Picking Up Pace

5.2         Market Restraints

5.2.1        Crash of B737 Max and Halt of A380 Program

5.3         Future Trends

5.3.1        Lightweight Materials Usage Gaining Popularity

5.4         Impact Analysis of Drivers and Restraints

6.           Aircraft Turbine Fuel System Market – Europe Market Analysis

6.1         Europe Aircraft Turbine Fuel System Market Overview

6.2         Europe Aircraft Turbine Fuel System Market Revenue Forecast and Analysis

7.           Europe Aircraft Turbine Fuel System Market Revenue and Forecast to 2028 – Type

7.1         Overview

7.2         Europe Aircraft Turbine Fuel System Market, By Type (2020 & 2028)

7.3         Hydromechanical

7.3.1        Overview

7.3.2        Hydromechanical: Aircraft Turbine Fuel System Market Revenue and Forecast to 2028 (US$ Million)

7.4         Full Authority Digital Engine Control (FADEC)

7.4.1        Overview

7.4.2        Full Authority Digital Engine Control (FADEC): Aircraft Turbine Fuel System Market Revenue and Forecast to 2028 (US$ Million)

7.5         Hydromechanical/Electronics

7.5.1        Overview

7.5.2        Hydromechanical/Electronics: Aircraft Turbine Fuel System Market Revenue and Forecast to 2028 (US$ Million)

8.           Europe Aircraft Turbine Fuel System Market Analysis and Forecast to 2028 – Aircraft Type

8.1         Overview

8.2         Europe Aircraft Turbine Fuel System Market, By Aircraft Type (2020 & 2028)

8.3         Commercial Aircraft

8.3.1        Overview

8.3.2        Commercial Aircraft: Aircraft Turbine Fuel System Market Revenue and Forecast to 2028 (US$ Million)

8.4         Military Aircraft

8.4.1        Overview

8.4.2        Military Aircraft: Aircraft Turbine Fuel System Market Revenue and Forecast to 2028 (US$ Million)

8.5         General Aviation Aircraft

8.5.1        Overview

8.5.2        General Aviation Aircraft: Aircraft Turbine Fuel System Market Revenue and Forecast to 2028 (US$ Million)

9.           Europe Aircraft Turbine Fuel System Market – Country Analysis

9.1         Overview

9.1.1        Europe: Aircraft Turbine Fuel System Market, by Key Country

9.1.2        France: Aircraft Turbine Fuel System Market – Revenue and Forecast to 2028 (US$ Million)

9.1.2.1          France: Aircraft Turbine Fuel System Market, by Type

9.1.2.2          France: Aircraft Turbine Fuel System Market, by Aircraft Type

9.1.3        Germany: Aircraft Turbine Fuel System Market – Revenue and Forecast to 2028 (US$ Million)

9.1.3.1          Germany: Aircraft Turbine Fuel System Market, by Type

9.1.3.2          Germany: Aircraft Turbine Fuel System Market, by Aircraft Type

9.1.4        Italy: Aircraft Turbine Fuel System Market – Revenue and Forecast to 2028 (US$ Million)

9.1.4.1          Italy: Aircraft Turbine Fuel System Market, by Type

9.1.4.2          Italy: Aircraft Turbine Fuel System Market, by Aircraft Type

9.1.5        UK: Aircraft Turbine Fuel System Market – Revenue and Forecast to 2028 (US$ Million)

9.1.5.1          UK: Aircraft Turbine Fuel System Market, by Type

9.1.5.2          UK: Aircraft Turbine Fuel System Market, by Aircraft Type

9.1.6        Russia: Aircraft Turbine Fuel System Market – Revenue and Forecast to 2028 (US$ Million)

9.1.6.1          Russia: Aircraft Turbine Fuel System Market, by Type

9.1.6.2          Russia: Aircraft Turbine Fuel System Market, by Aircraft Type

9.1.7        Rest of Europe: Aircraft Turbine Fuel System Market – Revenue and Forecast to 2028 (US$ Million)

9.1.7.1          Rest of Europe: Aircraft Turbine Fuel System Market, by Type

9.1.7.2          Rest of Europe: Aircraft Turbine Fuel System Market, by Aircraft Type

10.        Europe Aircraft Turbine Fuel System Market - COVID-19 Impact Analysis

10.1      Europe: Impact Assessment of COVID-19 Pandemic

11.        Industry Landscape

11.1      Overview

11.2      Market Initiative

11.3      New Product Development

12.        Company Profiles

12.1      Collins Aerospace

12.1.1     Key Facts

12.1.2     Business Description

12.1.3     Products and Services

12.1.4     Financial Overview

12.1.5     SWOT Analysis

12.1.6     Key Developments

12.2      Eaton Corporation plc

12.2.1     Key Facts

12.2.2     Business Description

12.2.3     Products and Services

12.2.4     Financial Overview

12.2.5     SWOT Analysis

12.2.6     Key Developments

12.3      Honeywell International Inc.

12.3.1     Key Facts

12.3.2     Business Description

12.3.3     Products and Services

12.3.4     Financial Overview

12.3.5     SWOT Analysis

12.3.6     Key Developments

12.4      Jihostroj a.s.

12.4.1     Key Facts

12.4.2     Business Description

12.4.3     Products and Services

12.4.4     Financial Overview

12.4.5     SWOT Analysis

12.4.6     Key Developments

12.5      Parker-Hannifin Corporation

12.5.1     Key Facts

12.5.2     Business Description

12.5.3     Products and Services

12.5.4     Financial Overview

12.5.5     SWOT Analysis

12.5.6     Key Developments

12.6      Safran

12.6.1     Key Facts

12.6.2     Business Description

12.6.3     Products and Services

12.6.4     Financial Overview

12.6.5     SWOT Analysis

12.6.6     Key Developments

12.7      Silver Atena GmbH

12.7.1     Key Facts

12.7.2     Business Description

12.7.3     Products and Services

12.7.4     Financial Overview

12.7.5     SWOT Analysis

12.7.6     Key Developments

12.8      Triumph Group, Inc.

12.8.1     Key Facts

12.8.2     Business Description

12.8.3     Products and Services

12.8.4     Financial Overview

12.8.5     SWOT Analysis

12.8.6     Key Developments

12.9      Woodward, Inc.

12.9.1     Key Facts

12.9.2     Business Description

12.9.3     Products and Services

12.9.4     Financial Overview

12.9.5     SWOT Analysis

12.9.6     Key Developments

13.        Appendix

13.1      About The Insight Partners

13.2      Word Index

LIST OF TABLES

Table 1.             Europe Aircraft Turbine Fuel System Market Revenue and Forecast to 2028 (US$ Million)

Table 2.             Europe: Aircraft Turbine Fuel System Market, by Country – Revenue and Forecast to 2028 (US$ Million)

Table 3.             France: Aircraft Turbine Fuel System Market, by Type – Revenue and Forecast to 2028 (US$ Million)

Table 4.             France: Aircraft Turbine Fuel System Market, by Aircraft Type – Revenue and Forecast to 2028 (US$ Million)

Table 5.             Germany: Aircraft Turbine Fuel System Market, by Type – Revenue and Forecast to 2028 (US$ Million)

Table 6.             Germany: Aircraft Turbine Fuel System Market, by Aircraft Type – Revenue and Forecast to 2028 (US$ Million)

Table 7.             Italy: Aircraft Turbine Fuel System Market, by Type – Revenue and Forecast to 2028 (US$ Million)

Table 8.             Italy: Aircraft Turbine Fuel System Market, by Aircraft Type – Revenue and Forecast to 2028 (US$ Million)

Table 9.             UK: Aircraft Turbine Fuel System Market, by Type – Revenue and Forecast to 2028 (US$ Million)

Table 10.          UK: Aircraft Turbine Fuel System Market, by Aircraft Type – Revenue and Forecast to 2028 (US$ Million)

Table 11.          Russia: Aircraft Turbine Fuel System Market, by Type – Revenue and Forecast to 2028 (US$ Million)

Table 12.          Russia: Aircraft Turbine Fuel System Market, by Aircraft Type – Revenue and Forecast to 2028 (US$ Million)

Table 13.          Rest of Europe: Aircraft Turbine Fuel System Market, by Type – Revenue and Forecast to 2028 (US$ Million)

Table 14.          Rest of Europe: Aircraft Turbine Fuel System Market, by Aircraft Type – Revenue and Forecast to 2028 (US$ Million)

Table 15.          List of Abbreviation

LIST OF FIGURES

Figure 1.           Europe Aircraft Turbine Fuel System Market Segmentation

Figure 2.           Europe Aircraft Turbine Fuel System Market Segmentation – By Country

Figure 3.           Europe Aircraft Turbine Fuel System Market Overview

Figure 4.           Europe Aircraft Turbine Fuel System Market, by Type

Figure 5.           Europe Aircraft Turbine Fuel System Market, by Aircraft Type

Figure 6.           Europe Aircraft Turbine Fuel System Market, By Country

Figure 7.           Europe Aircraft Turbine Fuel System Market - Porter’s Five Forces Analysis

Figure 8.           Europe Aircraft Turbine Fuel System Market: Ecosystem Analysis

Figure 9.           Europe Aircraft Turbine Fuel System Market Impact Analysis of Drivers and Restraints

Figure 10.        Europe Aircraft Turbine Fuel System Market Revenue Forecast and Analysis (US$ Million)

Figure 11.        Europe Aircraft Turbine Fuel System Market, by Type (2020 & 2028)

Figure 12.        Europe Hydromechanical: Aircraft Turbine Fuel System Market Revenue and Forecast to 2028 (US$ Million)

Figure 13.        Europe Full Authority Digital Engine Control (FADEC): Aircraft Turbine Fuel System Market Revenue and Forecast to 2028 (US$ Million)

Figure 14.        Europe Hydromechanical/Electronics: Aircraft Turbine Fuel System Market Revenue and Forecast to 2028 (US$ Million)

Figure 15.        Europe Aircraft Turbine Fuel System Market, By Aircraft Type (2020 & 2028)

Figure 16.        Europe Commercial Aircraft: Aircraft Turbine Fuel System Market Revenue and Forecast to 2028 (US$ Million)

Figure 17.        Europe Military Aircraft: Aircraft Turbine Fuel System Market Revenue and Forecast to 2028 (US$ Million)

Figure 18.        Europe General Aviation Aircraft: Aircraft Turbine Fuel System Market Revenue and Forecast to 2028 (US$ Million)

Figure 19.        Europe: Aircraft Turbine Fuel System Market, by Key Country – Revenue 2020 (US$ Million)

Figure 20.        Europe: Aircraft Turbine Fuel System Market Revenue Share, by Key Country (2020 & 2028)

Figure 21.        France: Aircraft Turbine Fuel System Market – Revenue and Forecast to 2028 (US$ Million)

Figure 22.        Germany: Aircraft Turbine Fuel System Market – Revenue and Forecast to 2028 (US$ Million)

Figure 23.        Italy: Aircraft Turbine Fuel System Market – Revenue and Forecast to 2028 (US$ Million)

Figure 24.        UK: Aircraft Turbine Fuel System Market – Revenue and Forecast to 2028 (US$ Million)

Figure 25.        Russia: Aircraft Turbine Fuel System Market – Revenue and Forecast to 2028 (US$ Million)

Figure 26.        Rest of Europe: Aircraft Turbine Fuel System Market – Revenue and Forecast to 2028 (US$ Million)

Figure 27.        Impact of COVID-19 Pandemic in Europe Country Markets

  1. Collins Aerospace
  2. Eaton Corporation plc
  3. Honeywell International Inc.
  4. Jihostroj a.s.
  5. Mascott Equipment Co.
  6. Parker-Hannifin Corporation
  7. Safran
  8. Silver Atena GmbH
  9. Triumph Group, Inc.
  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Europe aircraft turbine fuel system market
  • Highlights key business priorities in order to assist companies to realign their business strategies
  • The key findings and recommendations highlight crucial progressive industry trends in the Europe aircraft turbine fuel system market, thereby allowing players across the value chain to develop effective long-term strategies
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
  • Scrutinize in-depth Europe market trends and outlook coupled with the factors driving the aircraft turbine fuel system market, as well as those hindering it
  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution 

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