The global Aircraft Engine Fuel Systems Market Share is poised for dramatic growth in the coming decade. According to the latest MRFR report, the market value was estimated at USD 1.61 billion in 2024 and is projected to rise to approximately USD 11.2 billion by 2035, representing a remarkable compound annual growth rate (CAGR) of 19.3% from 2025 to 2035.

Market Outlook

The market outlook is shaped by escalating demand for fuel-efficient and next-generation aircraft engines. Airlines and OEMs are under rising pressure to optimise fuel consumption, reduce emissions and improve operational efficiency. This has driven adoption of advanced fuel management, fuel-control monitoring systems and inerting systems within aircraft engine fuel systems. As the aviation industry expands, particularly in emerging markets, the uptake of modern engine fuel systems is expected to proliferate. The projected growth from USD 1.61 billion in 2024 to USD 11.2 billion in 2035 underscores the magnitude of the opportunity.

Industry Challenges & Opportunities

Despite strong growth prospects, the industry faces challenges such as stringent regulatory mandates around emissions, the high cost of advanced fuel systems, and the need for retrofitting in legacy fleets. Meanwhile, opportunities lie in innovations such as IoT-enabled fuel system monitoring, integration of alternative fuels, and partnerships between component suppliers and aircraft OEMs.

Key Players

Some of the prominent names shaping this market include: Honeywell International Inc. (US), Eaton Corporation (Ireland), Parker Hannifin Corporation (US), Woodward, Inc. (US), Triumph Group, Inc. (US), Meggitt PLC (UK), GKN PLC (UK), Safran SA (France) and Crane Co. (US).

Bottom Line

For aerospace and defence stakeholders, as well as component suppliers, the aircraft engine fuel systems market presents a compelling growth scenario. With a strong market outlook, continued innovation and demand for more sustainable aviation operations, companies that align their strategies to this wave will likely gain significant competitive advantage.

Key takeaways:

• Market value expected to escalate from ~USD 1.61 billion to ~USD 11.2 billion by 2035.
• Projected CAGR of 19.3% from 2025 to 2035.
• Fuel-efficiency, sustainability and advanced technologies are major growth drivers.
• Top players are global, diversified aerospace component firms.