The Refueling Aircraft Global Market Report 2023, provides comprehensive information on the refueling aircraft market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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As per The Business Research Company’s Refueling Aircraft Global Market Report 2023, the global refueling aircraft market size is expected to grow from $10.45 billion in 2022 to $11.08 billion in 2023 at a compound annual growth rate (CAGR) of 6.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global refueling aircraft market size is expected to reach $13.57 billion in 2027 at a CAGR of 5.2%.
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Product innovation is the key trend in the refueling aircraft market. Major companies operating in the refueling aircraft market are focused on developing innovative products to strengthen their position in the market. For instance, in September 2021, Lockheed Martin Corporation, a US-based corporation for aerospace, weaponry, military, information security, and technology, launched LMXT, the next strategic tanker. The LMXT provides the most cutting-edge aerial refueler to meet America’s current and long-term mission objectives, enhancing tanker capabilities in the United States Air Force. The potential benefits of the LMXT capabilities, which were created to fulfil operator requirements, include increased range and fuel offload capacity. It is the first completely automated boom/air-to-air refueling (A3R) system in the world.
The refueling aircraft market is segmented:
1) By Refueling Medium: Air To Air Refueling, Flying Boom Method, Probe And Drogue Method, Tanking Method, Other Refueling Mediums
2) By Component: Aviation Refueller, Dispenser, Refueling Pods, Probe And Drogue, Other Components
3) By Application: Commercial Airplane, Military Airplane, Combat Aircraft, Non-Combat Aircraft, Helicopters
Europe was the largest region in the refueling aircraft market in 2022.
The table of contents in TBRC’s refueling aircraft market report includes:
1. Executive Summary
2. Refueling Aircraft Market Characteristics
3. Refueling Aircraft Market Trends And Strategies
4. Refueling Aircraft Market – Macro Economic Scenario
5. Refueling Aircraft Market Size And Growth
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26. Africa Refueling Aircraft Market
27. Refueling Aircraft Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Refueling Aircraft Market
29. Refueling Aircraft Market Future Outlook and Potential Analysis
30. Appendix
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The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries. Through the report businesses can gain a thorough understanding of the market’s size, growth rate, major drivers and leading players.
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