Aircraft Fuel Systems Market

Global Aircraft Fuel Systems Market was valued US$ 7.34 Bn in 2017 and is expected to reach US$ 13.32 Bn by 2026, at a CAGR of 7.73% during a forecast period.

Global Aircraft Fuel Systems Market

Rising aircraft deliveries are believed to the vital driver responsible for the popularity of the aircraft fuel systems market. Aircraft are currently investing in cutting -edge lightweight aircraft fuel systems, so contributing to the further expansion of the market. However, the disinclination of certain aircraft to install advance fuel systems have hindered market growth. Conversely, modernization of aircraft, that includes an innovative refueling system as well as emergency fuel systems, is expected to create greater opportunities in the aircraft fuel systems market.

Global Aircraft Fuel Systems Market

Commercial aircraft is estimated to the largest segment of the aircraft fuel systems market during the forecast period. Growing commercial aircraft deliveries, higher demand for fuel-efficient aircraft, and increasing aircraft fleet size are key growth drivers of the segment’s market.

The jet engine is expected to remain the growth driver of the market during the forecast period, driven by higher penetration in the commercial and regional aircraft segments.

North America is expected to the leading market share during the forecast period followed by the Asia Pacific. The North American aerospace industry is well-developed and holds strong technological capabilities.

Some of the key players in the global Aircraft Fuel Systems market are GKN PLC, Zodiac Aerospace, Eaton Corporation PLC, Honeywell International, Inc., Triumph Group, Inc., Parker Hannifin Corporation Woodward, Inc., Parker Hannifin Corporation, United Technologies Corporation and Meggitt PLC.

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Global Aircraft Fuel Systems Market – Global Industry Analysis and Forecast (2019-2026) – By Component, Engine, Application, Technology, and Geography

Aviation Analytics Market

Global Aviation Analytics Market was valued US$ 2.76 Bn in 2017 and is expected to reach US$ 7.62 Bn by 2026, at a CAGR of 13.54% during a forecast period.

Global Aviation Analytics Market

Aviation analytics solutions used across the aviation industry for different applications such as fuel management, customer analytics, revenue management, and risk management. Aviation analytics allows the enterpriser to measure, monitor and analyze their business goals, risk, and future growth of the enterprise.

Increasing emphasis on jet fuel management, growing demand for real-time analytics in the aviation industry, and rising centricity in the aviation industry is driving the aviation analytics market in a positive manner. However, the lack of availability of suitable analytical skills is impeding the growth of the market.
The booming demand for real-time analytics in the aviation industry is creating tremendous growth opportunities for the market.

Finance segment leads the aviation analytics market. The historically generated dataset from different sources like sales data, promotions data, booking transactions helps the analytics team to segregate their financial aspects. It will also help them for taking consideration for the maximizing revenue strategies.

North America is estimated to account for a significant portion of market share owing to growing consumer expectations, rising pressure of reducing costs and improvement in operational efficiency. Moreover, Asia-Pacific is the fastest developing regional market for aviation analytics market owing to rapid transfer towards the adoption of analytics solutions by China and India.

Some of the key players in the global aviation analytics market are IBM Corporation, Oracle Corporation, SAP SE, General Electric, SAS Institute, DXC Technology General Electric, Ramco International, Booz Allen Hamilton, MU -Sigma, Wipro, Mercator, Cuttingedge Aviation Analytics, Aviation Analytics Ltd, and Airport Analytics (AA+).

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Global Flight Inspection Market

Global Flight Inspection Market (FI) is expected to reach US$ 7.26 Bn by 2026 from US$ 4.67 Bn in 2016 at a CAGR of 4.52%.

Global flight inspection (FI) market are segmented into solution, end-user, and region. Based on the solution, the flight inspection (FI) market is classified into services and system. In terms of end-user, the flight inspection (FI) market is categorized into commercial airports and defense airports. Region wise into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America.

Global Flight Inspection Market (FI)

The increase in flight inspection operations for navigational aids for routine and commissioning inspections due to the rising number of new airports and expansion of infrastructure on existing airports is anticipated to drive the flight inspection market. The major challenges that the flight inspection service providers face are mostly related to the technical aspects of flight inspection procedures. At present, adapting to the new procedure for validation & calibration of GPS enabled navigational procedures and in approach procedures for vertical guidance satellite-based augmentation system (SBAS) is a challenge for the flight inspection service providers.

Based on the solution, the system segment is estimated to grow at the highest CAGR during the forecast period. It is also expected to lead the flight inspection market during the forecast period. The system segment is further sub-segmented into fixed systems, mobile systems, and ground-based systems. Factors such as the rising number of new airport development programs and rising spending by emerging economies on airport infrastructure are the factors driving the growth of the flight inspection market.

On the basis of end-user, the defense airports segment is projected to lead the market during the forecast period owing to the increasing number of tactical forward airbases and defense airports due to the increase in the spending on military infrastructure.

The flight inspection market in the Asia Pacific is estimated to grow at the highest CAGR during the forecast period, due to the rising air passenger traffic in the county. The Americas is anticipated to account for the largest share of the flight inspection market in 2017 and this trend is estimated to continue throughout the forecast period. The rising number of new airport development programs is estimated to drive the flight inspection market in the coming years.

Some of the major players in the flight inspection (FI) market are Textron, Bombardier, and Norwegian Special Mission.

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