Air-to-Air Refueling - Global Market Outlook (2018-2027)
According to Stratistics MRC, the Global Air to Air Refueling market accounted for $514.86 million in 2018 and is expected to reach $892.26 million by 2027 growing at a CAGR of 6.3% during the forecast period. Growth of defense expenditure of many countries, emergence of multirole aircraft tankers and rise in the procurement of combat aircraft are the factors driving the market growth. High cost for installation may hinder the market growth.
Air to Air Refueling is the process of transferring aviation fuel from one aircraft to another when both are in their flight modes. The aircraft which transfers the fuel is called the tanker whereas the aircraft which receives the fuel is called the receiver. These processes are highly essential especially for military aircraft, where the extra fuel received can lead to aircrafts to remain airborne for a longer time.
By System, the Probe & Drogue segment held is constantly enhancing as they are the real frameworks that are utilized to complete aerial refueling. These frameworks for the most part comprise of a refueling hose, a hose-end coupling, and a drogue. Based on geography, North America is likely to have a huge demand due to the steady growth of military aviation.
Some of the key players profiled in the Air to Air Refueling market include Cobham PLC, Marshall Aerospace and Defence Group, Parker Hannifin Corporation, Israel Aerospace Industries, Draken International, Lockheed Martin Corporation, Eaton Corporation, United Technologies Corporation (Collins Aerospace), GE Aviation, Airbus, Safran, Rafaut Group, BAE Systems, Jeppesen, and Boeing Company.
• Fuel Tank
Aircraft Types Covered:
• Rotary Wing
• Fixed Wing
• Boom Refueling
• Probe & Drogue
• Simple Grappling Refueling
• Wing-to-Wing Refueling
• North America
o Rest of Europe
• Asia Pacific
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Covers Market data for the years 2017, 2018, 2019, 2023 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
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