Aircraft Fuel Tank Market Report: Trends, Forecast and Competitive Analysis to 2030

Aircraft Fuel Tank Trends and Forecast

The future of the global aircraft fuel tank market looks promising with opportunities in the commercial aviation and military aviation markets. The global aircraft fuel tank market is expected to reach an estimated $1.1 billion by 2030 with a CAGR of 1.6% from 2024 to 2030. The major drivers for this market are global rise in aircraft production, the need for research and development on fuel tank materials to maximize strength and reduce weight to boost efficiency, as well as quick modernization of fuel tanks in older or current aircrafts.

A more than 150-page report is developed to help in your business decisions.

Aircraft Fuel Tank by Segment

The study includes a forecast for the global aircraft fuel tank by type, material, platform, end use, and region.

Aircraft Fuel Tank Market by Type [Shipment Analysis by Value from 2018 to 2030]:

• External
• Internal

Aircraft Fuel Tank Market by Material [Shipment Analysis by Value from 2018 to 2030]:

• Carbon-Based Composites
• Metallic Alloys
• Hybrid
• Polymer

Aircraft Fuel Tank Market by Platform [Shipment Analysis by Value from 2018 to 2030]:

• Commercial Avaition
• Military Aviation

Aircraft Fuel Tank Market by End Use [Shipment Analysis by Value from 2018 to 2030]:

• OEM
• Aftermarket
• Others

Aircraft Fuel Tank Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Aircraft Fuel Tank Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies aircraft fuel tank companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the aircraft fuel tank companies profiled in this report include-

• Meggitt
• Cobham
• Safran
• GKN Aerospace
• Robertson Fuel Systems
• Aero Tec Laboratories
• General Dynamics
• Elbit Systems
• Northstar
• Marshall Aerospace And Defence

Aircraft Fuel Tank Market Insights

Lucintel forecasts that polymer is expected to witness the highest growth over the forecast period due to its superior tensile strength and chemical resistance are provided by these polymers.

North America will remain the largest region over the forecast period because there is a growing need for aviation fuel tanks as a result of aircraft manufacturers expanding their product lines in response to the ongoing demand for aircraft.

Features of the Global Aircraft Fuel Tank Market

Market Size Estimates: Aircraft fuel tank market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Aircraft fuel tank market size by various segments, such as by type, material, platform, end use, and region in terms of value ($B).

Regional Analysis: Aircraft fuel tank market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different type, material, platform, end use, and regions for the aircraft fuel tank market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the aircraft fuel tank market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q1. What is the aircraft fuel tank market size?

Answer: The global aircraft fuel tank market is expected to reach an estimated $1.1 billion by 2030.

Q2. What is the growth forecast for aircraft fuel tank market?

Answer: The global aircraft fuel tank market is expected to grow with a CAGR of 1.6% from 2024 to 2030.

Q3. What are the major drivers influencing the growth of the aircraft fuel tank market?

Answer: The major drivers for this market are global rise in aircraft production, the need for research and development on fuel tank materials to maximize strength and reduce weight to boost efficiency, as well as quick modernization of fuel tanks in older or current aircrafts.

Q4. What are the major segments for aircraft fuel tank market?

Answer: The future of the global aircraft fuel tank market looks promising with opportunities in the commercial aviation and military aviation markets.

Q5. Who are the key aircraft fuel tank market companies?

Answer: Some of the key aircraft fuel tank companies are as follows.

• Meggitt
• Cobham
• Safran
• GKN Aerospace
• Robertson Fuel Systems
• Aero Tec Laboratories
• General Dynamics
• Elbit Systems
• Northstar
• Marshall Aerospace And Defence

Q6. Which aircraft fuel tank market segment will be the largest in future?

Answer: Lucintel forecasts that polymer is expected to witness the highest growth over the forecast period due to its superior tensile strength and chemical resistance are provided by these polymers.

Q7. In aircraft fuel tank market, which region is expected to be the largest in next 5 years?

Answer: North America will remain the largest region over the forecast period because there is a growing need for aviation fuel tanks as a result of aircraft manufacturers expanding their product lines in response to the ongoing demand for aircraft.

Q8. Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the aircraft fuel tank market by type (external and internal), material (carbon-based composites, metallic alloys, hybrid, and polymer), platform (commercial avaition and military aviation), end use (OEM, aftermarket, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?