Air-to-Air Refueling Market Manufacturers, Research Methodology, Competitive Landscape and Business Opportunities by 2028

The global Air-to-Air Refueling (AAR) services market size reached USD 6.16 Billion in 2020 and is expected to register a revenue CAGR of 9.1% during the forecast period, according to latest analysis by Emergen Research. Rising need for aerial refueling to support overseas deployments which enables fighter jets and other aircraft to cover longer distances is a key factor expected to drive demand for aerial refueling services. Increased procurement of advanced fighter planes with newer more advanced technologies including better sensors that enable more efficient and accurate mid-air refueling has been resulting in increased demand to accomplish better surveillance and covering of a larger area.

This is expected to support market revenue growth to a significant extent over the forecast period. Aerial refueling, also known as air refueling, In-Flight Refueling (IFR), Air-to-Air Refueling (AAR), enable pilots to fly longer distances without landing and refueling mid-air can extend the combat radius of pilots on more complex missions. Additionally, the advent of autonomous refueling systems is expected to drive further advancement in technologies and techniques to enhance docking capabilities and reduce dependency on skilled pilots as well as automate the process of refueling. These are some key factors expected to drive revenue growth of the market during the forecast period.

The report emphasizes the demands and ongoing trends of the global Air-to-Air Refueling market, more importantly, across the major regions of the market. Additionally, our analysts have included SWOT analysis and Porter’s Five Forces analysis in the report to offer a better understanding of the competitive spectrum of this ever-evolving industry. Moreover, the report sheds light on the cutting-edge expansion strategies adopted by the market contenders, such as mergers & acquisitions, joint ventures, partnerships & collaborations, new product launches, and brand promotions.  

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The global Air-to-Air Refueling market consists of various segments, including product type outlook, application spectrum, end-user overview, leading regions, and the competitive analysis. The report further provides information regarding the value chain, emerging market sectors, and the technological advancements in the industry to benefit readers and businesses looking to invest in this industry.

Key Market Competitors 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.

Some Key Highlights From the Report

Boom refueling segment is expected to register a substantially rapid revenue CAGR during the forecast period due to higher preference and use owing to faster fuel transfer rate than other systems.

Manned segment is expected to register a significantly robust revenue growth rate over the forecast period due to wider adoption of manned refueling systems, while unmanned refueling systems are in the testing phase and not widely implemented.

North America market is expected to account for a considerably large revenue share in the global air-to-air refueling market over the forecast period due to robust presence of major companies providing air-to-air refueling such as Lockheed Martin Corporation, The Boeing Company, Airbus SAS, and Cobham Ltd., among others, in the region.

Major Geographies Covered in the Report:

North America (U.S., Canada)

Europe (U.K., 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, U.A.E., South Africa, Rest of MEA)

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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

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The global Air-to-Air Refueling market report evaluates the latest economic scenario in terms of value and volume. It highlights the key growth drivers, restraints, production capacity, demand & supply ratio, import/export status, growth rate, and other critical aspects. Additionally, the report also performs SWOT analysis, Porter’s Five Forces analysis, speculation attainability investigation, and venture return investigation.

Key Questions Answered in the Report:

What is the growth rate of the Air-to-Air Refueling market? What is the anticipated market valuation of Air-to-Air Refueling industry by 2028?

What are the key growth driving and restraining factors of the Air-to-Air Refueling market?

Who are the prominent players operating in the market? What are the key strategies adopted by these companies?

What are the key opportunities and growth prospects of the Air-to-Air Refueling industry over the forecast period?

Which region is expected to show significant growth in the coming years?

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