Sunday, March 26, 2023
  • About Us
  • Contact Us
KsaWeekly.com
  • News
  • Business
  • Finance
  • Technology
  • Lifestyle
  • Middle East
  • Press Release
Submit a News Release
No Result
View All Result
KsaWeekly.com
Submit PR
Home Press Release

Aviation Fuel Market Worth $696.2 Billion by 2030 at a CAGR of 13.7%

Press Room by Press Room
February 2, 2023
in Press Release
Share on FacebookShare on Twitter


(EMAILWIRE.COM, February 02, 2023 ) The Aviation Fuel Market report provides an analysis of the market from 2022 to 2030. It discusses industry and technology trends prevailing in the market, along with the market drivers, restraints, challenges, and opportunities. The aviation fuel market size is expected to grow from USD 249.9 billion in 2022 and is projected to reach USD 696.2 billion by 2030, at a CAGR of 13.7% during the forecast period. The aviation fuel market is expected to witness substantial growth during the forecast period, due to increasing air passenger traffic and rising initiatives by governments to adopt SAF.

Download PDF Brochure @
https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=231148230

Based on fuel type, the aviation fuel market is segmented into conventional fuel and sustainable fuel. The sustainable fuel segment will register highest CAGR during the forecast period. Sustainable aviation fuel is expected to play a crucial role alongside various alternative solutions such as improved engine technologies and aircraft design, new composite lightweight material, and electric propulsion in decarbonizing aviation. The variants of sustainable fuel offer promising new alternative solutions to meet the ambitious long-term targets, such as net-zero growth after 2020 and a reduction in emissions to half of the 2005 levels by 2050.

Based on aircraft type, the aviation fuel market has been broadly segmented into fixed wing, rotary wing, and unmanned aerial vehicle (UAV). The fixed wing segment has been further segmented into commercial aviation, military aviation, and business & general aviation, whereas the rotary wing segment covers civil helicopters and military helicopters. The narrow body aircraft segment is estimated to lead the market share in 2022. Increasing domestic air travel is leading to the growth of narrow body aircraft segment of the aviation fuel market.

Based on region, the aviation fuel market has been segmented into 5 regions, namely, North America, Europe, Asia Pacific, Latin America, Middle East & Africa. The Latin American Aviation Fuel Market is projected to grow at the highest CAGR during the forecast period from 2022 to 2030. The aviation fuel market in the region is expected to witness significant growth due to fuel policies supporting renewable aviation fuel production.

News Also Covered: https://www.prnewswire.com/news-releases/aviation-fuel-industry-worth-696-2-billion-by-2030—exclusive-report-by-marketsandmarkets-301732218.html

Related Reports:

Aircraft Cabin Interiors Market by Material(Composites, Alloys & Superalloys and Metals), Component, End User (OEM, Aftermarket), Platform (Fixed Wing, Rotary Wing, UAVs, Advanced Air Mobility) & Region (North America, Europe, APAC, RoW) 2026

Aerostructures Market by Component (Transceivers, AOCs, Cables, Amplifiers, Splitters, Connectors, Circulators), Data Rate, Application (Communications, Distributed Sensing, Lighting) and Region (2022-2027)

About MarketsandMarkets™

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.

The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.



Source link

Previous Post

Particle Size Analysis Market worth $492 million by 2026

Next Post

UHT Processing Market Statistics, Growth, Trends & Forecasts

RECOMMENDED NEWS

The Secret Source of Planning and Cutting Fancy Color Diamonds

The Secret Source of Planning and Cutting Fancy Color Diamonds

5 months ago
Synthetic Rubber Market worth $28.9 billion by 2027

Synthetic Rubber Market worth $28.9 billion by 2027

3 months ago

Saudi women move from behind the wheel to under the hood

9 months ago

MTN Nigeria Signs up for HyperNym’s IoT Platform “HyperNET” to expand their IoT offerings in Nigeria Market

4 months ago

BROWSE BY CATEGORIES

  • Business
  • Finance
  • Lifestyle
  • Middle East
  • News
  • Press Release
  • Technology

POPULAR NEWS

  • ZainTech partners with LigaData to deliver data-driven digital services in MENA

    ZainTech partners with LigaData to deliver data-driven digital services in MENA

    0 shares
    Share 0 Tweet 0
  • تم إطلاق VOYAH FREE في أوروبا وتم افتتاح معرض VOYAH.

    0 shares
    Share 0 Tweet 0
  • Saudi Arabia’s NuqtahNFT and ConsenSys partner to empower Web 3 startups

    0 shares
    Share 0 Tweet 0
  • Vidliz Expands Its Data-Driven Online Marketing Services in the Middle East

    0 shares
    Share 0 Tweet 0
  • NOWA outlines 16 major achievements of Hajiya Aisha Gambo in 2 Years

    0 shares
    Share 0 Tweet 0

KSA Weekly™ publishes and aggregates business, socio-economic, Tech and industrial news on Saudi Arabia, Middle East and North Africa (MENA).

We provide press release distribution to media in the Kingdom of Saudi Arabia, the Arab world and the GCC/MENA regions. To send your press release, contact us today.

Recent News

Recent Posts
  • The Dhahab Sports Web 3.0 is going to be the biggest sports digital asset launching for 2023
  • BZR on Coinstore – a Significant Milestone for Bazaars
  • Kaafmeem to Provide VIP Clothing for Saudi Motorsport Company during Formula1 event in KSA.
  • Correction: BioMap and MBZUAI team up on joint biocomputing lab to promote sustainable development and human health in the Middle East
  • French-speaking Saudis host cultural night in Jeddah – Arab News

Category

News

Business

Finance

Technology

Lifestyle

Middle East

Press Releases

Subscribe to Our Newsletter

    KSA Weekly ™ is part of GroupWeb Media Network. © 2023 GroupWeb Media LLC

    • About Us
    • Contact Us
    • Submit a Press Release
    No Result
    View All Result
    • News
    • Business
    • Finance
    • Technology
    • Lifestyle
    • Middle East
    • Press Release

    © 2023 JNews - Premium WordPress news & magazine theme by Jegtheme.