Air-To-Air Refueling Market Worth $692 Billion by 2025 – Exclusive Report by MarketsandMarkets™
CHICAGO, Aug. 6, 2019
CHICAGO, Aug. 6, 2019 /PRNewswire/ — According to the new market research report “Air-to-Air Refueling Market by System (Probe & Drogue, Boom Refueling, Autonomous), Component (Pumps, Valves, Nozzles, Hoses, Boom, Probes, Fuel Tanks, Pods), Aircraft Type (Fixed and Rotary), Type (Manned, Unmanned), Region – Global Forecast to 2025″, published by MarketsandMarkets™, the Air-To-Air Refueling Market is projected to grow from USD 537 million in 2019 to USD 692 billion by 2025, at a CAGR of 4.3% during the forecast period. Increase in the procurement of combat aircraft is expected to be the major factor driving the market.
Ask for PDF Brochure:
The fixed wing segment is projected to grow at the higher CAGR during the forecast period
By aircraft type, the air-to-air refueling market has been segmented into fixed wing and rotary wing. Among these, the fixed wing segment is projected to grow at the highest CAGR during the forecast period. A fixed wing aircraft is capable of flight using wings that are fixed to the fuselage and generate the necessary lift by the forward motion of the aircraft. The fixed wing aircraft segment has been further segmented into fighter aircraft, tanker aircraft, military transport, and Unmanned Aerial Vehicles (UAVs).
Browse in-depth TOC on “Air-to-Air Refueling Market “
77 – Tables
38 – Figures
119 – Pages
Request Sample pages of the Report:
The manned segment is projected to grow at the highest CAGR during the forecast period
By type, the air-to-air refueling market has been segmented into manned and unmanned. Among these, the manned segment is projected to grow at the highest CAGR during the forecast period. Manned aircraft refers to an aircraft operated by one or more persons. Saab Gripen fighter, Bell-Boeing V-22 Osprey, and a manned helicopter, the HAL Dhruv helicopter are examples of manned aircraft. The rising adoption of air-to-air refueling through manned systems by the military and naval forces across the globe is projected to fuel the growth of this segment.
North America is projected to lead the market for air-to-air refueling during the forecast period
North America is estimated to account for the largest share of the air-to-air refueling market in 2019. The market in North America is projected to capture the highest revenue share during the forecast period. Increase in aircraft deliveries with multiple variants of refueling tankers, such as KC-130, KC-135, and C-160 NG, among others in the US is expected to contribute to revenue generation.
Some of the major players in the air-to-air refueling market include Cobham (UK), Eaton Corporation (US), Parker Hannifin Corporation (US), Draken International (US), GE Aviation (US), Safran (France), Marshall Aerospace and Defence Group (UK), Jeppesen, A Boeing Company (US), and Airbus (Netherlands).
Please Explore Relevant Reports:
Aerospace Valves Market by Valves (Fuel, Hydraulic, Air Conditioning, Pneumatic), Material (Steel, Aluminum, Titanium), Mechanism (Poppet, Pilot, Flapper-Nozzle, Ball and Plug, Baffle), End User (OEM, Aftermarket), Aviation – Global Forecast to 2023.
Aircraft Fuel Systems Market by Application (Commercial, Military and UAV), Engine Type (Jet engine, Turboprop engine, Helicopter engine and UAV engine), Component, Technology & Region – Global Forecasts to 2020.
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledge Store” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
Mr. Shelly Singh
630 Dundee Road
Northbrook, IL 60062
Visit Our Web Site: https://www.marketsandmarkets.com