LONDON, Dec. 23, 2015 /PRNewswire/ -- The global aircraft fuel systems market is expected to reach USD 9,146.6 million by 2020 from USD 6,524.6 million in 2015, at a CAGR of 7.0% between 2015 and 2020. The geographic segments included in this report are Asia-Pacific, North America, Europe, The Middle East, and the Rest of the World (RoW). The aircraft fuel system market in Asia-Pacific is expected to account for the largest share of the aircraft fuel systems market in 2015, while the market in the Middle East is expected to be the fastest-growing market globally, during the forecast period.
The growth in the global market is mainly driven by the increase in commercial aircraft deliveries, rise in the need for lightweight aircrafts, and modernization of military aircrafts. The high-growth potential in the emerging markets, such as China, India, and Saudi Arabia provides new growth opportunities to players in the aircraft fuel systems market.
A combination of bottom-up and top-down approaches was used to calculate the market sizes and growth rates of the aircraft fuel systems market and its sub segments. All percentage shares, splits, and breakdowns were determined using secondary sources and verified through primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. Primary interviews with key opinion leaders were also used to determine the percentage shares of each sub segment and the relative differences in growth rates. The report provides qualitative insights about growth rates and market drivers for all sub segments. It maps market sizes and growth rates for each sub segment and identifies segments anticipated to witness rapid growth in each geographic segment. The report also includes company profiles of market leaders
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The report will enable both established firms and new entrants to analyze the market and to help them make important strategic growth decisions.
The report provides insights on the following:
- Product Development/Innovation: Product portfolios of the top players in the aircraft fuel systems market. Detailed insights on upcoming technologies, research and development activities, and new product launches in the aircraft fuel systems market
- Competitive Assessment: In-depth assessment of market shares, strategies, geographic and business segments, and product portfolios of the leading players in the aircraft fuel systems market
- Market Development: Comprehensive information about lucrative emerging markets. The report analyzes the market for various aircraft fuel systems products across geographies
- Market Diversification: Exhaustive information about new products, recent developments, and investments in the aircraft fuel systems market
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