Air-to-air Refueling Market: Opportunities and Challenges in a Rapidly Evolving Industry
Global Air-to-air Refueling Market Research Report and Forecast to 2028 is an investigative report providing an extensive study of the global Air-to-air Refueling Market with regards to market size, market share, current and emerging trends, and latest technological developments. The report also sheds light on the competitive landscape of the Air-to-air Refueling Market on the global and regional scale, along with a thorough forecast estimation to 2021. The new report is updated with the impact of the COVID-19 pandemic on the Air-to-air Refueling Market.
The market for Air-to-Air Refuelling (AAR) services was valued at USD 6.16 billion in 2020, and it is anticipated to grow at a CAGR of 9.1%. One major element anticipated to fuel demand for aerial refuelling services is the growing need for aerial refuelling to support overseas deployments that enable fighter jets and other aircraft to go farther distances. The need for improved surveillance and wider area coverage has increased due to the growing purchase of modern fighter jets with newer, more advanced technologies, such as better sensors that enable more efficient and precise mid-air refuelling.
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Over the forecast period, this is anticipated to significantly assist market revenue growth. Aerial refuelling, often referred to as air refuelling, in-flight refuelling (IFR), and air-to-air refuelling (AAR), allows pilots to fly farther without landing and can increase their battle radius on missions that are more difficult. Furthermore, the introduction of autonomous refuelling systems is anticipated to spur further development in technologies and techniques to improve docking capabilities, lessen reliance on trained pilots, and automate the refuelling process. These are a few important variables that are anticipated to fuel market revenue growth over the course of the projection.
Competitive terrain:
The global Air-to-air Refueling industry is highly consolidated owing to the presence of renowned companies operating across several international and local segments of the market. These players dominate the industry in terms of their strong geographical reach and a large number of production facilities. The companies are intensely competitive against one another and excel in their individual technological capabilities, as well as product development, innovation, and product pricing strategies.
Key Companies Profiled in the Report: The Boeing Company, Airbus SAS, Cobham Ltd., Lockheed Martin Corporation, Omega Air Refueling Services Inc., Eaton Corporation , Marshall Aerospace and Defense Group., GE Aviation, Safran S.A., and Draken International, LLC.
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Segmental Analysis
The global Air-to-air Refueling market is broadly segmented on the basis of different product types, application range, end-use industries, key regions, and an intensely competitive landscape. This section of the report is solely targeted at readers looking to select the most appropriate and lucrative segments of the Air-to-air Refueling sector in a strategic manner. The segmental analysis also helps companies interested in this sector make optimal business decisions and achieve their desired goals.
Emergen Research has segmented global Air-to-Air Refueling (AAR) on the basis of type, system, aircraft, components, and region:
Type Outlook (Revenue, USD Billion; 2018–2028)
- Manned
- Unmanned
System Outlook (Revenue, USD Billion; 2018–2028)
- Probe and Drogue
- Boom Refueling
- Autonomous
Aircraft Outlook (Revenue, USD Billion; 2018–2028)
- Fixed Wing
- Fighter Aircraft
- Tanker Aircraft
- Military Transport
- Attack Helicopters
- Transport Helicopters
Components Outlook (Revenue, USD Billion; 2018–2028)
- Pumps
- Valves
- Hoses
- Boom
- Probes
- Fuel Tanks
- Pods
Key reasons to buy the Global Air-to-air Refueling Market report:
The latest report comprehensively studies the global Air-to-air Refueling market size and provides useful inference on numerous aspects of the market, such as the current business trends, market share, product offerings, and product share.
The report offers an insightful analysis of the regional outlook of the market.
It offers a detailed account of the end-use applications of the products services offered by this industry.
The report holistically covers the latest developments taking place in this industry. Therefore, it lists the most effective business strategies implemented by the market rivals for ideal business expansion.
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Regional Analysis Covers:
North America (US, Canada)
Europe (UK, Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East Africa (Saudi Arabia, UAE, South Africa, Rest of MEA)
Research Report on the Air-to-air Refueling Market Addresses the Following Key Questions:
Who are the dominant players of the Air-to-air Refueling market?
Which regional market is anticipated to have a high growth rate over the projected period?
What consumer trends and demands are expected to influence the operations of the market players in the Air-to-air Refueling market?
What are the key growth drivers and restraining factors of the Air-to-air Refueling market?
What are the expansion plans and strategic investment plans undertaken by the players to gain a robust footing in the market?
What is the overall impact of the COVID-19 pandemic on the Air-to-air Refueling market and its key segments?
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