Market Research Future added New Report Named "Global Aircraft Fuel Nozzle Market Research Report- Forecast 2023" to its Database
Online PR News – 12-June-2019 – Pune – Aircraft Fuel Nozzle Market: Information by Nozzle Type (Simplex and Duplex), by Injection Mechanism (Single Point and Multiple Point), by Aircraft Type (Commercial and Military), by Vendor (OEM and Aftermarket), and by Region — Global Forecast till 2023
The aircraft fuel nozzle market is estimated to register a CAGR of nearly 4% during the forecast period of 2018 to 2023.
The global aircraft fuel nozzle market has been segmented based on nozzle type, aircraft type, injection mechanism, vendor and region.
Based on nozzle type, the aircraft fuel nozzle market is divided into simplex fuel nozzle and duplex fuel nozzle. The duplex fuel nozzle segment is estimated to account for the largest market share and is projected to witness the highest CAGR during the forecast period. The duplex fuel nozzle configuration has a flow divider and it offers a desirable spray pattern for combustion over a wide range of operating pressures.
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Based on aircraft type, the aircraft fuel nozzle market is divided into civil and military aircraft. The civil aircraft segment is estimated to account for the largest market share and is projected to witness a higher CAGR during the forecast period. Meanwhile, rising defense spending especially in developing countries and focus on procuring military aircraft to enhance combat capabilities is positively impacting the demand for aircraft fuel nozzle in military aircraft.
Based on injection mechanism, the aircraft fuel nozzle market is divided into single injection point nozzle and multiple injection point nozzle. The single injection point nozzle segment is estimated to account for the largest market share while the multiple injection point nozzle segment is projected to witness the highest CAGR during the forecast period. The multiple injection point nozzle provides larger coverage areas and superior spray performance with significantly higher flow rates, making them ideal for applications where higher volumes of liquid with fine drop sizes are required. Foer instance, Parker Hannifin offers Macrospray® Spider Nozzles which falls under this category.
Based on vendor, the aircraft fuel nozzle market is divided into OEM and aftermarket. The OEM segment is estimated to account for the largest market share while the aftermarket segment projected to witness a higher CAGR during the forecast period as these systems require timely checks, maintenance, and replacement in order to enhance safety.
Based on region, the market is segmented into North America, Europe, Asia-Pacific, and Rest of the World. In 2017, North America accounted for the largest market share, whereas, Asia-Pacific is projected to be the fastest-growing regional market during the review period. This growth can be attributed to the increasing demand for both combat and commercial aircraft in countries such as China, and India.
The key players in the global aircraft fuel nozzle market are Advanced Atomization Technologies (JV between Parker Aerospace & GE Aviation (US)), Avstar Fuel Systems, Inc. (US), Axian Technology, Inc. (US), Collins Aerospace (part of United Technologies Corporation (US)), GE Aviation (a part General Electric Company (US)), General Aviation Modifications, Inc. (US), Kelly Aerospace Inc. (US), Parker Hannifin Corporation (US), Precision Airmotive LLC (US) and Woodward, Inc. (US).
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