Aerial Refueling Systems Market Analysis, Size, Regional Outlook, Competitive Strategies and Forecasts to 2026

The aerial refueling systems market is slated to observe significant revenue expansion due to increasing defense budget across emerging and developed economies. The product allows air-to-air refueling of an aircraft from another aircraft during flight, effectively extending the overall range of the aircraft. In addition, aerial refueling systems also provide additional patrolling hours for combat and fighter aircraft. Owing to these features, which gives high flexibility for military operations, aerial refueling the extensively used by major defense forces throughout the globe.

Increasing investments in armed forces have augmented the demand for fighter jets. This growth has subsequently resulted in an upsurge in the implementation of enhanced refueling techniques like electro-optical grid reference system, which would push the product adoption over the coming years.

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Aerial refueling systems market size can be categorized based on components such as drogues, refueling probes, boom, hoses and refueling pods. The application of these components plays a crucial role in aerial refueling process.

The drogues are vastly used in aerial refueling. Even though the segment accounted for a mere 1% of the market share in 2019, due to a rising product demand in air-to-air refueling it is expected to gain considerable traction 2026 in probe and drogue systems. The adoption of the system component is consistently growing with the growth in defense budgets across developed countries like the U.S.

The customer base of the industry comprises of commercial aircrafts, helicopters, military aircrafts and Unmanned Aerial Vehicles (UAV’s). With substantial growth of commercial airline fleets, the demand for refueling during long-haul flights will boost the systems deployment. With the transformation of retired aircraft into aerial refueling tank, aftermarket aerial refueling systems market will observe an approximate CAGR of 5.6% up to 2026.

An old aircraft of Lockheed L1011 was transformed into an aerial refueling carrier by Royal Air Force in August 2017. As compared to the manufacturing cost of a new aerial refueler, converting a retired aircraft into aerial refueling tank is quite affordable and will lead to industry growth in forecasted timespan.

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Geographically, increasing focus on developing refueling capabilities across countries like Australia and China is driving the Asia Pacific aerial refueling abilities industry. The region already holds a significant share of the overall aerial refueling industry and is expected to clock-in significant growth owing to the aforementioned capability development efforts. In fact, in 2018, the Chinese government tested the refueling of that drones in its fleet under human control.

The competitive landscape of the aerial refueling systems market is inclusive of players such as Omega Aerial Refueling Services, Northstar, Engineering Corporation, GE Aviation System, Eaton Corporation, Zodiac Aerospace, Cobham, Boeing, and Lockheed Martin among others.

Major Key Points from Table of Content:

Chapter 4.    Aerial Refueling Systems Market, By Application

4.1.  Global aerial refueling systems market share by application, 2019 & 2026

4.2.  Military aircraft

4.2.1. Market estimates and forecasts, 2016 – 2026

4.2.2. Market estimates and forecast, by region, 2016 – 2026

4.3.  Helicopters

4.3.1. Market estimates and forecasts, 2016 – 2026

4.3.2. Market estimates and forecast, by region, 2016 – 2026

4.4.  Commercial aircraft

4.4.1. Market estimates and forecasts, 2016 – 2026

4.4.2. Market estimates and forecast, by region, 2016 – 2026

4.5.  UAV

4.5.1. Market estimates and forecasts, 2016 – 2026

4.5.2. Market estimates and forecast, by region, 2016 – 2026

Chapter 5.    Aerial Refueling Systems Market, By Component

5.1.  Global market share by component, 2019 & 2026

5.2.  Refueling pods

5.2.1. Market estimates and forecasts, 2016 – 2026

5.2.2. Market estimates and forecast, by region, 2016 – 2026

5.3.  Refueling probes

5.3.1. Market estimates and forecasts, 2016 – 2026

5.3.2. Market estimates and forecast, by region, 2016 – 2026

5.4.  Drogues

5.4.1. Market estimates and forecasts, 2016 – 2026

5.4.2. Market estimates and forecast, by region, 2016 – 2026

5.5.  Hoses

5.5.1. Market estimates and forecasts, 2016 – 2026

5.5.2. Market estimates and forecast, by region, 2016 – 2026

5.6.  Boom

5.6.1. Market estimates and forecasts, 2016 – 2026

5.6.2. Market estimates and forecast, by region, 2016 – 2026

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