The Global Aircraft Fuel Tank Market is projected to reach USD 909.2 million by 2028, growing at a CAGR of 2.1% during the forecast period. Aircraft fuel tank is an important component of the aircraft fuel systems and is used for the safe storage of fuel. The term aircraft fuel tank is typically applied to part of an aircraft engine system in which the fuel is stored and propelled or released into an engine.
Key Developments in the Aircraft Fuel Tank Market:
• In February 2018, Safran (France) took control of Zodiac Aerospace. This helped them significantly expand their aircraft equipment portfolio
including fuel tanks.
• In November 2018, UTC Aerospace Systems (US) acquired Rockwell Collins and is one of the largest acquisitions in the history of aerospace