Global Refueling Aircraft Market: Snapshot

The aviation industry is currently prospering across the world on the back of radically increasing traveling activities of urban populations, for both business and pleasure, and decreasing cost of air-travel. Consequently, various aspects of the broader aviation industry are gaining traction, including the market for refueling aircraft, which are adequate as a solution to incidences of oil spills due to faulty refueling equipment. In addition to that, fuel economy of aircrafts is invariably low, which makes a strong case for maintain a robust reservoir of fuel for the vendors operating in the aviation industry. According to this business and commerce study, the demand in the global refueling aircraft market will multiply at a notable CAGR of 4.8% during the forecast period of 2017 to 2025. The analysts of the report have evaluated that the opportunities in the refueling aircraft market, worldwide, will provided for a revenue of US$8,146.0 mn in 2015, and have estimated it to swell up to US$12,868.7 mn by the end of 2025.

Stringent international safety regulations that are implemented for the aviation industry, persistent need to achieve greater fuel efficiencies, recent advancements in the pertaining technologies that can ensure dependency, and increasing number of air travelers are some of the key factors augmenting the demand in the global refueling aircraft market.

global refueling aircraft marketDispensers Emerge as Key Component Segment

This report segments the refueling aircraft market on the basis of component, refueling medium, and aircraft type. On the basis of component, the market is categorized into aviation refueller, dispenser, refueling pods, probe & drogue, and others. The aviation refueller segment is further divided into 7000-25,000 liter aviation refueller and 25,001-50,000 liter aviation refueller. The dispenser segment has been classified into three major types as hydrant dispenser, mini hydrant dispenser, and others. In 2016, the dispenser segment accounted for the maximum market share in terms of revenue by component, although the demand for the probe & drogue system segment is projected expand at a stronger CAGR during the forecast period. The refueling pods segment is expected to show significant growth during the forecast period due to the increasing adopting of aerial refueling within military sector. Moreover, other factors such as increasing air traffic globally and rising international aircraft fleet are expected to further fuel the demand for energy efficient aircraft refueling system.

Boom Method of Aerial Refueling Gaining Adoption

By refueling medium, the market has been bifurcated into air to air (in-flight) refueling and tanking method. The air to air refueling segment is studied as flying boom method, probe & drogue method, and others. Various aircraft types considered under this study includes commercial airplane, military airplane including combat aircraft and non-combat aircraft, and helicopters. Over the course of the forecast period, the demand for boom method of aerial refueling is predicted to witness considerable.  This is due to growing acceptance of fly-by-wire (FBW) boom system, which are gaining popularity for being light weight and offering enhanced control performance. Among various aircraft types, non-combat aircraft segment is anticipated to witness positive outlook in coming years.

Asia Pacific to Provide for Opportunities worth more than US$2.0 bn by 2025

Geographically, North America and Europe provided for more than two-third of the demand share in the global refueling aircrafts market. By 2025, these two regions are estimated to provide for opportunities worth US$5,529.3 mn and US$3,310.7 mn respectively. These regions have large number of commercial aircrafts as well as strong military segment. However, emerging economies of Asia Pacific, such as China, India, South Korea, Japan, Malaysia, and Thailand, are predicted to drive market growth in this region. Middle East countries such as UAE and Turkey are foreseen to witness decent growth in international aircraft fleet due to strong tourism industry.

Lockheed Martin, Cobham Plc., Refuel International, Eaton Corporation, General Electric Aviation systems, Garsite LLC, Fluid Transfer International, and Marshal Aerospace & Defense Group have been identified as a few prominent companies who are currently ahead of the curve in a fairly consolidated competitive landscape of the global refueling aircraft market.

Global Refueling Aircraft Market: Overview

Refueling aircraft market report provides analysis for the period 2015 – 2025, wherein the period from 2017 to 2025 is the forecast period and 2016 is the base year. The data for 2015 has been added as historical information. The report covers all the major trends and technologies playing influential role in the refueling aircraft market’s growth over the forecast period. It also highlights the drivers, restraints, and opportunities expected to impact market’s growth during the said period. The study provides a complete perspective on global refueling aircraft market’s evolution throughout the above mentioned forecast period in terms of market revenue (US$ Mn).

The market overview section of the report demonstrates the market dynamics such as the drivers, restraints, and opportunities that influence the current nature and future status of this market, key indicators and trends. An attractiveness analysis has also been provided for every segment in the report, in order to provide a thorough understanding of the overall scenario in the refueling aircraft market. Moreover, the report provides an overview of various strategies adopted by the key players present in the market. Key market indicators included in the report provide significance of the factors which are capable of changing the market scenario. These indicators are expected to define the market position during the forecast period.

This report provides all the essential information required to understand the key developments in the refueling aircraft market, growth trend of each segment and companies’ strategies to efficiently compete in the market. Also, the report provides insights related to trends and its impact on the market. Furthermore, Porter’s Five Forces analysis explains the factors which are currently affecting the refueling aircraft market. This report also provides the value chain analysis for the refueling aircraft market which explains the participants of the value chain- raw material & component providers, aircraft refueling equipment manufacturing, quality assurance, distribution network, etc.

Global Refueling Aircraft Market: Segmentations

The refueling aircraft market has been segmented on the basis of component, refueling medium, aircraft type and regionally. On the basis of component, the market is categorized into aviation refueller, dispenser, refueling pods, probe & drogue, and others. The aviation refueller segment is further divided into 7000-25,000 liter aviation refueller, 25,001-50,000 liter aviation refueller. The dispenser segment has been classified into three major types - hydrant dispenser, mini hydrant dispenser, and others. By refueling medium, the market has been bifurcated into air to air (in-flight) refueling and tanking method. The in-flight refueling segment is studied as flying boom method, probe & drogue method, others. The various aircraft types considered in the market study include- commercial airplane, military airplane (combat aircraft, non-combat aircraft), and helicopters). The report provides in-depth segment analysis of the global refueling aircraft market, thereby providing valuable insights at the macro as well as micro levels.

Global Refueling Aircraft Market: Competitive Landscape

The report also highlights the competitive landscape of the global refueling aircraft market, thereby positioning all the major players according to their presence in different regions of the world and recent key developments initiated by them in the refueling aircraft market. The comprehensive refueling aircraft market estimates are the result of our in-depth secondary research, primary interviews, and in-house expert panel reviews. These market estimates have been analyzed by taking into account the impact of different political, social, economic, technological, and legal factors along with the current market dynamics affecting refueling aircraft market growth.

The global refueling aircraft market is dominated by players such Lockheed Martin, Eaton Corporation, Refuel International, Cobham Plc., General Electric Aviation systems, Fluid Transfer International, Garsite LLC, and Marshal Aerospace & Defense Group. These leading market players hold a comparatively large market share. Other significant players in the market include AFS Aviation Fuel Services GmbH, OMEGA Air Refueling, and Titan Aviation, among others.

Details such as financials, SWOT analysis, business strategies, recent developments, and other such strategic information pertaining to these players have been duly provided as part of company profiling.

Market Segmentation

Refueling Aircraft Market, by Component

  • Aviation Refueller
    • 7000-25,000 liter Aviation Refueller
    • 25,001-50,000 liter Aviation Refueller
  • Dispenser
    • Hydrant Dispenser
    • Mini Hydrant Dispenser
    • Others
  • Refueling Pods
  • Probe & Drogue
  • Others

Refueling Aircraft Market, by Refueling Medium

  • Air to Air Refueling
    • Flying boom Method
    • Probe & Drogue Method
    • Others
  • Tanking Method

Refueling Aircraft Market, by Aircraft Type

  • Commercial Airplane
  • Military Airplane
    • Combat Aircraft
    • Non-combat Aircraft
  • Helicopters

Refueling Aircraft Market, by Geography

  • North America
    • The U.S.
    • Canada
    • Rest of North America
  • Europe
    • The U.K.
    • Germany
    • Italy
    • Russia
    • France
    • Rest of Europe
  • Asia Pacific (APAC)
    • Japan
    • China
    • India
    • Rest of APAC
  • Middle East and Africa (MEA)
    • GCC Countries
    • South Africa
    • Turkey
    • Rest of MEA
  • South America
    • Brazil
    • Rest of South America 
.