South America Aircraft Turbine Fuel System Market Outlook and Strategic Insights by 2028

Historic Data: 2019-2020 | Base Year: 2021 | Forecast Period: 2022-2028

South America Aircraft Turbine Fuel System Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Type [Hydromechanical, Full Authority Digital Engine Control (FADEC), and Hydromechanical/Electronics] and Aircraft Type (Commercial Aircraft, Military Aircraft, and General Aviation Aircraft)

Report Date : Jul 2021
Report Code : TIPRE00023581

Category : Aerospace and Defense
Status : Published

Available Report Formats :
No. of Pages : 86

Page Updated: Jul 2021

Analysis Strategic Insights Market Drivers Regional Insights Report Scope Recent Developments FAQs

The aircraft turbine fuel system market in SAM is expected to grow from US$ 223.17 million in 2021 to US$ 300.73 million by 2028; it is estimated to grow at a CAGR of 4.4% from 2021 to 2028.

Aircraft manufacturing picking pace is the major factor driving the SAM aircraft turbine fuel system market Owing to substantial production of military and commercial aircraft fleet, the SAM aviation industry is growing at a steady rate. Over the last decade, the commercial aviation industry has witnessed tremendous growth owing to growing disposable income among masses coupled with emergence of low-cost carriers (LCCs) and various fleet expansion initiatives undertaken by the full-service carriers (FSCs). Commercial aviation industry is predicted to upsurge soon owing to rising number of air travel passengers and aircraft procurement. In 2020, deliveries of aircraft experienced a crunch owing to COVID-19 pandemic, which hampered deliveries. Due to the surging production volumes to bridge the gap between demand and supply of aircraft, the aircraft turbine fuel system manufactures are focusing toward increasing their production. Thus, rise in the procurement of aircraft turbine fuel system by aircraft manufactures is driving the market growth.

Brazil has reported the highest number of COVID-19 cases in SAM, followed by Peru, Chile, Colombia, and Ecuador, among others. Governments of countries in the region have taken actions to protect their citizens and contain COVID-19 spread. In SAM, Brazil is the largest spender in the aerospace industry; moreover, it is the only modern aircraft manufacturing country in the region. Thus, the country generates high demand for aircraft-related components, and systems and technologies. In addition, most of the components are imported from the US, China, and European countries. The slowdown in commercial and military aircraft production in the country has impaired the supply chain in Brazil. This has weakened the demand for components such as turbine fuel systems. Thus, the COVID-19 outbreak has been limiting the SAM aircraft turbine fuel system market, especially in Brazil.

With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the SAM aircraft turbine fuel system market. The SAM aircraft turbine fuel system market is expected to grow at a good CAGR during the forecast period.

This FREE sample will include data analysis, ranging from market trends to estimates and forecasts.

SAM Aircraft Turbine Fuel System Market Segmentation

SAM Aircraft Turbine Fuel System Market – By Type

Hydromechanical
Full Authority Digital Engine Control (FADEC)
Hydromechanical/Electronics

SAM Aircraft Turbine Fuel System Market – By Aircraft Type

Commercial Aircraft
Military Aircraft
General Aviation Aircraft

SAM Aircraft Turbine Fuel System Market, by Country

Brazil
Rest of SAM

SAM Aircraft Turbine Fuel System Market - Companies Mentioned

Collins Aerospace
Eaton Corporation plc
Honeywell International Inc.
Parker-Hannifin Corporation
Safran
Woodward, Inc.

South America Aircraft Turbine Fuel System Report Scope

Report Attribute	Details
Market size in 2021	US$ 223.17 Million
Market Size by 2028	US$ 300.73 Million
Global CAGR (2021 - 2028)	4.4%
Historical Data	2019-2020
Forecast period	2022-2028
Segments Covered	By Type Hydromechanical Full Authority Digital Engine Control Hydromechanical/Electronics By and Aircraft Type Commercial Aircraft Military Aircraft General Aviation Aircraft
Regions and Countries Covered	South and Central America Brazil Argentina Rest of South and Central America
Market leaders and key company profiles	Collins Aerospace Eaton Corporation plc Honeywell International Inc. Parker-Hannifin Corporation Safran Woodward, Inc.

Research Manager

Naveen Chittaragi

Associate Vice President,
Market Research & Consulting

Naveen is an experienced market research and consulting professional with over 9 years of expertise across custom, syndicated, and consulting projects. Currently serving as Associate Vice President, he has successfully managed stakeholders across the project value chain and has authored over 100 research reports and 30+ consulting assignments. His work spans across industrial and government projects, contributing significantly to client success and data-driven decision-making.

Naveen holds an Engineering degree in Electronics & Communication from VTU, Karnataka, and an MBA in Marketing & Operations from Manipal University. He has been an active IEEE member for 9 years, participating in conferences, technical symposiums, and volunteering at both section and regional levels. Prior to his current role, he worked as an Associate Strategic Consultant at IndustryARC and as an Industrial Server Consultant at Hewlett Packard (HP Global).

What are the South America Aircraft Turbine Fuel System Market report deliverables?

Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
PEST and SWOT Analysis
Market Size Value / Volume - Global, Regional, Country
Industry and Competitive Landscape
Excel Dataset

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