Air-to-air Refueling Market Size Will Achieve USD 12.10 Billion by 2028 growing at 9.1% CAGR – Exclusive Report by Emergen Research
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.
Leading companies looking for new revenue streams will find this research very helpful in understanding the market and its underlying dynamics. It is useful for companies looking to diversify into new markets or expand their current scope of operations.
𝐒𝐨𝐦𝐞 𝐨𝐟 𝐭𝐡𝐞 𝐩𝐫𝐨𝐦𝐢𝐧𝐞𝐧𝐭 𝐩𝐥𝐚𝐲𝐞𝐫𝐬 𝐨𝐩𝐞𝐫𝐚𝐭𝐢𝐧𝐠 𝐢𝐧 𝐭𝐡𝐞 𝐦𝐚𝐫𝐤𝐞𝐭 𝐚𝐫𝐞:
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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As part of Emergen Research’s Global Air-to-air Refueling Market Research Report, key business details and extensive geographical spread of the Air-to-air Refueling Market industry have been analyzed. As well as a comprehensive qualitative and quantitative analysis, the study contains crucial statistics about the Air-to-air Refueling Market . A detailed forecast is provided until 2028 based on historical data from 2017 and 2018. Also included are profiles of established and emerging players, including business overviews, product portfolios, strategic alliances, and business expansion strategies. The current COVID-19 pandemic is expected to have an effect on the growth of the Air-to-air Refueling Market industry, primarily as a result of movement restrictions and impact on supply and demand due to lockdowns
How will this Report Benefit you?
We have recently released a 250-page report from Emergen Research that includes 194 tables and 189 charts and graphics. Those who need commercial, in-depth market assessments for the global Air-to-air Refueling Market , as well as a detailed market segment analysis, can find our new report valuable. Our recent study provides a thorough assessment of the whole regional and global market for Air-to-air Refueling Market . To increase market share, obtain a comprehensive financial analysis of the whole market and its various segments. It is clear that energy storage technology is rapidly expanding. Look at how you might take advantage of the current and future revenue-generating opportunities in this industry. Additionally, the research will assist you in making more effective strategic decisions, such as building growth strategies, strengthening competitor analysis, and increasing business productivity.
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The report highlights the current impact of COVID-19 on the Air-to-air Refueling Market along with the latest economic scenario and changing dynamics of the market. It analyzes the impact of the pandemic on market growth and remuneration. The pandemic has changed the economic scenario of the world and has affected several sectors of the market. The report estimates the market for Air-to-air Refueling Market according to the impact of COVID-19.
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.
Segments covered in the report:
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)
System Outlook (Revenue, USD Billion; 2018–2028)
- Probe and Drogue
- Boom Refueling
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)
- Fuel Tanks
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Geographic Segment Covered in the Report:
The Air-to-air Refueling Market provides information about the market area, which is further subdivided into sub-regions and countries/regions. In addition to the market share in each country and sub-region, this chapter of this report also contains information on profit opportunities. This chapter of the report mentions the market share and growth rate of each region, country, and sub-region during the estimated period.
- North America (USA and Canada)
- Europe (UK, Germany, France and the rest of Europe)
- Asia Pacific (China, Japan, India, and the rest of the Asia Pacific region)
- Latin America (Brazil, Mexico, and the rest of Latin America)
- Middle East and Africa (GCC and rest of the Middle East and Africa)
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How is the Air-to-air Refueling Market evolving?
What is driving and restraining the Air-to-air Refueling Market ?
How will each Air-to-air Refueling Market submarket segment grow over the forecast period and how much revenue will these submarkets account for in 2028 ?
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What will be the main driver for the overall market from 2022 to 2028 ?
Will leading Air-to-air Refueling Market s broadly follow the macroeconomic dynamics, or will individual national markets outperform others?
How will the market shares of the national markets change by 2028 and which geographical region will lead the market in 2028 ?
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