Air-to-Air Refueling Market - Trends Forecast Till 2028

Market Overview

The global Air-to-Air Refuelling Market size is projected to grow at a CAGR of 4.53% from 2021-2028.

Air-to-Air Refueling better known as aerial refueling is a process that involves the transfer of aviation fuel from one aircraft to another aircraft. Usually, the aircraft involved are military aircrafts. This process allows the aircrafts to extend its flight time. The aircraft supplying the fuel is special designed for the purpose.

With the surge in the expenditure countries make on defence along with the development of advanced arial tanks and the increased combat aircraft procurement are some of the factors that have supported long-term expansion for Air-to-Air Refueling Market.

The COVID-19 pandemic is causing widespread concern and economic hardship for consumers, businesses, and communities across the globe. With lockdown and other imposed restriction, the market has been affected negatively. The aftermarkets anyhow sustained their demand and supply chain.

Regional Analysis

North America is expected to be the largest market during the forecast period. With the increased expenditure made on defence along with the steady growth of military aviation sector and the presence of key players in the region is the reason for its market dominance.

Insights are provided for each region and major countries within the regions

Competitive Landscape

Key Players

• Cobham plc
• Eaton Corporation
• Airbus
• Boeing
• GE Aviation

Recent Developments

• In February 2021, Eaton Corporation acquired Cobham Mission Systems, which is a subsidiary of Cobham plc. Under the terms of the signed agreement, Eaton is liable to pay USD 2.83 billion for CMS, inclusive of USD 130 million in tax benefits.
• In December 2020, Boeing and the US Navy have for the first time tested a flight of the MQ-25 T1 test asset with an aerial refueling store (ARS), it is seen as a significant milestone in the development of the unmanned aerial refueling tanker.

Reasons to Acquire

• Increase your understanding of the market for identifying the best and suitable strategies and decisions on the basis of sales or revenue fluctuations in terms of volume and value, distribution chain analysis, market trends and factors
• Gain authentic and granular data access for Air-to-Air Refueling market so as to understand the trends and the factors involved behind changing market situations
• Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future
• In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns

Report Scope