Global Air-to-Air Refueling Market (2021-2026) by Component, System, Aircraft Type, Type, End-User and Geography, Competitive Analysis and the Impact of Covid-19 with Ansoff Analysis

The Global Air-to-Air Refueling Market is estimated to be USD 2.9 Bn in 2021 and is expected to reach USD 3.63 Bn by 2026, growing at a CAGR of 4.6%.

Market Dynamics

Aerial refueling is mainly defined as the process of sending aviation fuel from one aircraft to another when both are in their flight modes. Flying boom and progue-and drogue are two main methodologies that are used to carry out the aerial refueling processes. The former process is substantially faster than the other but needs a specific type of boom operator station setup. Factors like increasing demand for air-to-air refueling systems to support overseas deployments, increased defense expenditure of countries, development of advanced aerial tankers and increase in combat aircraft procurement are some of the drivers for the market. Whereas possible refueling of only one aircraft at a time through boom mechanism and refueling aircraft in rough weather or bad visibility are major restraints for the market.

The autonomous refueling methodology of aircraft mid-air is an opportunity for the growth of the market. Though, high installation and maintenance cost act as a challenge for the market.

Market Segmentation

The Global Air-to-Air Refueling Market is segmented further based on Component, System, Aircraft Type, Type, End-User and Geography.

By Component, the market is classified into Pumps, Valves, Nozzles, Boom, Hoses, Probes, Fuel Tanks and Pods segments. Amongst all segments, the Fuel Tank segment is expected to grow at the highest CAGR.

By System, the market is classified into Probe & Drogue, Boom Refueling and Autonomous segments. Amongst all, the Boom Refueling segment is expected to contribute the highest growth.

By Aircraft Type, the market is classified into Fixed Wing and Rotatory Wing segments. Amongst all, the Fixed Wing segment is expected to contribute the highest growth.

By Type, the market is classified into Manned and Unmanned segments. Amongst all, the Manned segment is expected to contribute the highest growth.

By End User, the market is classified into OEM and Aftermarket segments. Amongst them, the Aftermarket segment is expected to contribute the highest growth.

By Geography, North America is projected to lead the market.

Recent Developments

1. Eaton completes the sale of its Hydraulics Business to Danfoss A/S, a Danish Industrial Company for USD 3.3 Billion - Aug 2, 2021
2. The U.S. Navy and Boeing have demonstrated air-to-air refueling using an unmanned aircraft - the Boeing-owned MQ-25™ to refuel another aircraft - June 7, 2021
3. Cobham Mission Systems announced that it has been awarded a prime contract from Korea Aerospace Industries Ltd. (KAI) to deliver an air refueling probe solution for its FA-50 advanced jet aircraft - Dec 2, 2020

Company Profiles

Some of the companies covered in this report are Cobham Plc, Airbus SE, Boeing, Ge Aviation, Parker Hannifin Corporation, Safran, Marshall Aerospace and Defence Group, Israel Aerospace Industries, Bae Systems Inc., Moog Inc., etc.

Competitive Quadrant

The report includes the Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.

Why buy this report?

• The report offers a comprehensive evaluation of the Global Air-to-Air Refueling Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
• The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
• The report includes an in-depth market analysis using Porter’s 5 force model and the Ansoff Matrix. The impact of Covid-19 on the market is also featured in the report.
• The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
• The report also contains the competitive analysis using Positioning Quadrants, the analyst’s Proprietary competitive positioning tool.

Report Highlights:

• A complete analysis of the market, including parent industry
• Important market dynamics and trends
• Market segmentation
• Historical, current, and projected size of the market based on value and volume
• Market shares and strategies of key players
• Recommendations to companies for strengthening their foothold in the market