The increase in development of lightweight and advanced aircraft is a key driving factor which expected to boost the global air refueling market growth over the forecast period. Key operating players are focused on enhancing tanker aircraft to serve various military planes like fighter jets, bombers, and unmanned systems. Furthermore, the increase in military aircraft upgrades and the presence of major manufacturer are expected to accelerate the global air refueling market growth.
Moreover, the increase in demand for autonomous refueling system will positively influence the market growth. In addition, the increase in investment in military modernization programs in various countries with the rising procurement of advanced fighter planes is expected to propel the global air refueling market growth throughout the forecast period.
High installation and maintenance cost is a major restraining factor which is expected to hamper the growth of global air refueling market over the forecast period. The high installation cost of the air refueling systems restricts all countries from adopting air refueling systems.
The Global Air Refueling Market is segmented into components such as Pumps, Valves, Nozzles, Hoses, Boom, Probes, Fuel tanks, Pods, and Others. On the basis of system, market is segmented into Probe & Drogue, Boom Refueling, and Autonomous. Based on the aircraft type, market is segmented into Fixed Wing, and Rotary Wing. On the basis of type, market is segmented into Manned, and Unmanned. Further, market is segmented into end user such as OEM, and Aftermarket. The aftermarket segment is estimated to lead the air refueling market over the forecast period. The aftermarket companies provide complete maintenance, repair, and overhaul services. Also, they provide repairing services for over-the-counter products in case hydraulic components such as couplings, pumps, and nozzles are damaged beyond repair.
The Global Air Refueling Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. North America region is one of the leading markets for Air Refueling due to the growing R&D activities, deployment and the presence of key players such as GE Aviation, Eaton Corporation and others would drive the air refueling market growth in the region. Further, APAC is expected to witness remarkable growth throughout the forecast period, due to the increase in investments in the military & defense sectors from India, China, Japan, and Australia.
Key Questions Addressed by the Report
- What are the Key Opportunities in Global Air Refueling Market?
- What will be the growth rate from 2019 to 2027?
- Which segment/region will have highest growth?
- What are the factors that will impact/drive the Market?
- What is the competitive Landscape in the Industry?
What is the role of key players in the value chain?
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Global Air Refueling Market Outlook
5 Global Air Refueling Market, By Component
6 Global Air Refueling Market, By System
7 Global Air Refueling Market, By Aircraft Type
8 Global Air Refueling Market, By Type
9 Global Air Refueling Market, By End User
10 Global Air Refueling Market, By Region
11 North America Air Refueling Analysis and Forecast (2020 - 2027)
12 Europe Air Refueling Market Analysis and Forecast (2020 - 2027)
13 Asia Pacific Air Refueling Market Analysis and Forecast (2020 - 2027)
14 Latin America Air Refueling Market Analysis and Forecast (2020 - 2027)
15 Middle East Air Refueling Market Analysis and Forecast (2020 - 2027)
16 Competitive Analysis
17 Company Profiles
- Eaton Corporation
- GE Aviation
- Airbus S.A.S.
- Parker Hannifin Corporation
- Marshall Aerospace and Defence Group
- Israel Aerospace Industries
- Draken International
- Cobham plc
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