Fuel Efficiency Technologies in the Commercial Aviation Market 2012-2022
The development of fuel efficient technologies to reduce fuel burn and lower carbon emissions is viewed as a necessity to the future of air travel. Volatile fuel prices have placed the very solvency of many airlines in question.
Airlines must reduce their consumption of oil-based jet fuel by investing in more fuel-efficient technologies, nurturing the growth of alternative energies, and, more immediately, optimising their business models. Visiongain calculates the global fuel efficient technologies in the commercial aviation market, defined as spending on new aircraft engines, biofuels, advanced composites for airframe design and air traffic management systems, to be $48.30bn in 2012.
Historic trends in improving efficiency levels show that aircraft entering today’s fleet are around 80% more fuel efficient than they were 40 years ago due to the introduction of new engines, coupled with year-on-year ‘incremental’ improvements to engine design and operation.
Though the industry will be faced with the restraints of proving the effectiveness of some of the new technologies on a commercial scale, overcoming fierce competition, and confronting a weak global economy, fuel efficiency technologies in the commercial aviation market are likely to provide substantial opportunities for potential investors. This report offers an examination of fuel efficiency technologies in the commercial aviation market over the next decade, providing detailed market forecasts for each of the leading regional markets and offering analysis of the opportunities available in the fuel efficiency technologies market throughout the world.
The report also describes the most important fuel efficiency technology submarkets within the global commercial aviation industry and assesses their importance for the growth of the market over the long-term.
How much is going to be spent in the leading regional commercial aviation markets for new and upgraded fuel efficiency technologies between 2012 and 2022? Who are the leading companies in aircraft engine and the aerospace industry? Where are the growth opportunities over the next decade – in which countries and with which type of technology? These critical questions and many more are definitively answered in this comprehensive report.
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