Aircraft Fuel Systems Market to Receive Overwhelming Hike In Revenue That Will Boost Overall Industry Growth by 2032

Demand for sustainable aviation fuel (SAF), government support for development of new aviation fuel system for fuel-efficient aircraft and aircraft deliveries.

WILMINGTON, DE, UNITED STATES, August 4, 2025 /EINPresswire.com/ -- Aircraft fuel system market size generated $8.5 billion in 2022, and is anticipated to generate $15.7 billion by 2032, witnessing a CAGR of 6.5% from 2023 to 2032.

Factors such as increase in demand for sustainable aviation fuel (SAF), the government support for development of new aviation fuel system for fuel-efficient aircraft and increase in aircraft deliveries boost the growth of the aircraft fuel systems market. However, high manufacturing and maintenance cost, and lack of standardization are anticipated to hinder market growth. On the other hand, growth in space tourism provides a remarkable growth opportunity for the market players operating in the market.

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Fuel systems play a crucial role in optimizing fuel consumption and reducing operational expenses for airlines. These factors contribute to the growth of the commercial sector within the aircraft fuel systems market. Moreover, fuel pumps for aircraft fuel systems are designed to deliver fuel at precise flow rates and pressures, ensuring optimal engine performance. Fuel pumps need to be designed with lightweight materials as weight and space constraints are crucial considerations for aircraft fuel system components. Moreover, as fuel pump technology continues to advance, older aircraft may require upgrades or retrofits to enhance the efficiency of their fuel systems and comply with updated regulations. In such cases, fuel pump manufacturers can provide retrofit solutions tailored to specific aircraft models.

Fuel pump manufacturers may offer retrofit solutions that enhance performance and fuel delivery. In addition, fuel pump manufacturers expanded their presence by introducing new products in the global market. For instance, in February 2023, Eaton Corporation demonstrated its advanced sustainable aerospace technologies and products at Aero India. These include hydraulic pumps, conveyance systems, electromechanical actuators, engine solutions, motors, and fuel systems. Thus, retrofitting of older aircraft and new products launch in this category boost the global aircraft fuel systems market.

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The commercial aviation industry is experiencing notable growth due to various factors such as the expansion of global trade, economic advancement, and enhanced connectivity. This growth directly leads to an increased need for fuel systems in commercial aircraft.
Furthermore, airlines are enlarging their fleets globally in response to the growing demand for air travel. For instance, in May 2023, Ryanair, a budget carrier based in Ireland, announced its intention to purchase an additional 300 new Boeing 737 Max aircraft. This strategic decision is part of the objective of Ryanair to reach an annual passenger count of 300 million. The agreement with Boeing initially involves an order for 150 aircraft, with the option to acquire an additional 150 aircraft in the future. By operating approximately 3,000 flights daily throughout Europe, this expansion is projected to further solidify the position of Ryanair within the aviation industry. These expansions necessitate the procurement of aircraft fuel systems.

Based on region, Asia-Pacific held the highest market share in terms of revenue in 2021, accounting for nearly one-third of the global aircraft fuel systems market revenue. Also, the same region is expected to witness the fastest CAGR of 7.2% from 2022 to 2031 and is likely to dominate the market during the forecast period. This is owing to the huge population of Asia-Pacific and the percentage of the population that has enough disposable income to make air travel a viable proposition.

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Leading Market Players: -

GKN AEROSPACE SERVICES LIMITED.
HONEYWELL INTERNATIONAL INC.
PARKER HANNIFIN CORPORATION
COLLINS AEROSPACE
SAFRAN S.A.
TRIUMPH GROUP, INC.
CRANE COMPANY
WOODWARD, INC
SECONDO MONA S.P.A.

The report provides a detailed analysis of these key players of the global aircraft fuel systems industry. These players have adopted different strategies such as new product launches, expansion, contract, and others to increase their market share and maintain dominant shares in different regions. The report is valuable in highlighting business performance, operating segments, product portfolio, and strategic moves of market players to showcase the competitive scenario.

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