Fuel Tank Inerting and Fuel Systems Market is forecast to reach $12.4 billion by 2025, growing at a CAGR 5.7% from 2020 to 2025. Fuel tank inerting system, also known as flammability reduction system, is a part in the fuel system that protects the fuel tank against fire and explosion by maintaining an inert state within the tank’s space.The rising incidence of aircraft fires and fuel tank explosions combined with tight implementation of FAA regulations is leading industry players to integrate new technology to provide safer and more effective fuel systems. Aircraft manufactures are concentrating on reducing all potential sources of ignition in fuel tanks, and are retrofitting nitrogen generator or fuel tank inerting systems which is further expanding the market value of fuel tank inerting systems.

Key Takeaways:

• The increasing incidence of aircraft fires and fuel tank explosions combined with tight implementation of FAA regulations leads industry players to integrate new technology to deliver safer and more efficient fuel systems.

• Due to low cost and high durability, the increasing adoption of hollow fiber membrane in aircraft drives fuel systems and membrane filters in aircraft fuel tanks.

• Increasing FTIS applications in Unmanned Aerial Vehicles UAVs) with increasing trend for UAVs in the military and commercial sectors is providing opportunities for inerting systems for fuel tanks during the forecast era.

• Due to high investment in the adoption of air separation devices, APAC dominates the Fuel Tank Inerting Systems market, driven by increased production and aircraft deliveries in region.

• Growing trend for light weight aircraft and the adoption of light weight advanced materials in aircraft production for better fuel efficiency has created opportunities for inerting fuel tank systems.

Request for Sample of the Report @ https://www.industryarc.com/pdfdownload.php?id=18924

By Geography – Segment Analysis

APAC currently dominates global Fuel Tank Inerting and Fuel Systems Market with a share of more than 38%. Increasing commercial aircraft fleets, indigenous commercial and regional aircraft production, the establishment of assembly plants in China by major commercial aircraft manufacturers such as Boeing and Airbus, and increase in the defense budgets of countries in region are key factors contributing to growth of Asia-Pacific fuel systems market.

Drivers – Fuel Tank Inerting and Fuel Systems Market:

a)Growing trend for lightweight aircrafts:-
b) Stringent regulations on fuel efficiency and incorporation of advanced technology

Market Landscape: Fuel Tank Inerting and Fuel Systems Market is expected to be dominated by major companies such as Eaton, Parker Hannifin, Woodward, Honeywell, Meggitt, GKN Aerospace, UTC, Crane Co, Triumph Group, Cobham mission systems.

About IndustryARC: IndustryARC primarily focuses on Cutting Edge Technologies and Newer Applications market research. Our Custom Research Services are designed to provide insights on the constant flux in the global supply-demand gap of markets. Our strong team of analysts enables us to meet the client research needs at a rapid speed, with a variety of options for your business. Any other custom requirements can be discussed with our team, drop an e-mail to [email protected] to discuss more about our consulting services.