Title: Air-to-Air Refueling Market Predicted to Expand at 10% CAGR Through 2027
1Air-to-Air Refueling Market Predicted to Expand
at 10 CAGR Through 2027
- The Global Air-to-Air Refueling Market is on the
brink of a significant transformation, with
projected growth from USD 619.26 million in 2022
to USD - 995.23 million by 2027, registering a CAGR of
10.0 during the forecast period. The - market's impressive expansion can be attributed
to the increasing instances of overseas
deployment of military aircraft, propelling the
demand for air- to-air refueling technologies
and encouraging the adoption of aircraft
equipped with this capability. - Download PDF Brochure _at_ https//www.marketsandmar
kets.com/pdfdownloadNew.asp?id233525223 Key
Insights from the Report - Component Fuel Tanks Dominate Market Share
- The air-to-air refueling market is segmented by
component, including pumps, valves, hoses, boom,
probes, pods, fuel tanks, and others. Fuel tanks
have dominated the market share throughout the
forecast period. This is driven by enhanced
investments in tanker aircraft procurement
across nations like the US, UK, France, and more,
which are designed to supply fuel to receiver
aircraft platforms. - System Boom Refueling Leads Growth
- The market is categorized by system into probe
drogue, boom refueling, and autonomous. Boom
refueling is projected to witness the fastest
growth by 2027. This is due to its utilization
in most current-generation tanker aircraft for
transferring fuel to receiver aircraft. The
rigidity of the boom allows for a higher transfer
rate compared to probe and drogue systems. - Aircraft Type Fixed Wing Dominates
- The market's aircraft type segmentation includes
fixed wing and rotary wing. Fixed wing aircraft,
including combat and special mission aircraft,
are expected to drive the market due to their
higher induction. The development of new extended
range variants with air-to-air refueling
capabilities enhances the strike capabilities of
nations, thus driving procurement. - Type Manned Aircraft Segment
- In the type category, the manned aircraft segment
dominates the market share. Despite the rapid
induction of unmanned aerial vehicles (UAVs) for
various missions,
2- their inability to perform air-to-air refueling
due to size, weight, and power constraints gives
an advantage to manned aircraft in terms of
market share. - End User Linefit Takes the Lead
- The end user segment is divided into OEM and
aftermarket. Linefit accounts for the largest
market size during the forecast period. The OEM
segment is expected to dominate the market share
as new models of military aircraft increasingly
come equipped with air-to-air refueling
capability as standard. However, there is also
potential for upgrading older aircraft with such
capabilities using aftermarket kits, although
the feasibility of such upgrades is limited. - Region North America Dominates
- North America is projected to dominate market
share during the forecast period, primarily
driven by its leadership in research and
development, military deployments, and the
presence of key market players. The military
aviation sector in North America is experiencing
steady growth, creating significant demand for
air-to- air refueling systems. - Key Market Players
- Major players operating in the air-to-air
refueling market include Cobham Limited (UK),
Eaton Corporation (US), Airbus SE (Netherlands),
The Boeing Company (US), and GE Aviation (US). - Ask for Sample Report _at_
- https//www.marketsandmarkets.com/requestsampleNew
.asp?id233525223 - About MarketsandMarkets
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