Air-to-Air Refueling Market Predicted to Expand at 10% CAGR Through 2027

1. Air Air- -to to- -Air Refueling Market Predicted to Air Refueling Market Predicted to Expand at 10% CAGR Through 2027 Expand at 10% CAGR Through 2027 The Global Air-to-Air Refueling Market is on the brink of a significant transformation, with projected growth from USD 619.26 million in 2022 to USD 995.23 million by 2027, registering a CAGR of 10.0% during the forecast period. The market's impressive expansion can be attributed to the increasing instances of overseas deployment of military aircraft, propelling the demand for air- to-air refueling technologies and encouraging the adoption of aircraft equipped with this capability. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=233525223 Key Insights from the Report: 1. Component: Fuel Tanks Dominate Market Share The air-to-air refueling market is segmented by component, including pumps, valves, hoses, boom, probes, pods, fuel tanks, and others. Fuel tanks have dominated the market share throughout the forecast period. This is driven by enhanced investments in tanker aircraft procurement across nations like the US, UK, France, and more, which are designed to supply fuel to receiver aircraft platforms. 2. System: Boom Refueling Leads Growth The market is categorized by system into probe & drogue, boom refueling, and autonomous. Boom refueling is projected to witness the fastest growth by 2027. This is due to its utilization in most current-generation tanker aircraft for transferring fuel to receiver aircraft. The rigidity of the boom allows for a higher transfer rate compared to probe and drogue systems. 3. Aircraft Type: Fixed Wing Dominates The market's aircraft type segmentation includes fixed wing and rotary wing. Fixed wing aircraft, including combat and special mission aircraft, are expected to drive the market due to their higher induction. The development of new extended range variants with air-to-air refueling capabilities enhances the strike capabilities of nations, thus driving procurement. 4. Type: Manned Aircraft Segment In the type category, the manned aircraft segment dominates the market share. Despite the rapid induction of unmanned aerial vehicles (UAVs) for various missions,

2. their inability to perform air-to-air refueling due to size, weight, and power constraints gives an advantage to manned aircraft in terms of market share. 5. End User: Linefit Takes the Lead The end user segment is divided into OEM and aftermarket. Linefit accounts for the largest market size during the forecast period. The OEM segment is expected to dominate the market share as new models of military aircraft increasingly come equipped with air-to-air refueling capability as standard. However, there is also potential for upgrading older aircraft with such capabilities using aftermarket kits, although the feasibility of such upgrades is limited. 6. Region: North America Dominates North America is projected to dominate market share during the forecast period, primarily driven by its leadership in research and development, military deployments, and the presence of key market players. The military aviation sector in North America is experiencing steady growth, creating significant demand for air-to- air refueling systems. Key Market Players: Major players operating in the air-to-air refueling market include Cobham Limited (UK), Eaton Corporation (US), Airbus SE (Netherlands), The Boeing Company (US), and GE Aviation (US). Ask for Sample Report @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=233525223 About MarketsandMarkets™ MarketsandMarkets™ has been recognized as one ofAmerica’s best management consulting firms by Forbes, as per their recent report. MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients. Earlier this year, we made a formal transformation into one of America's best management consulting firms as per a survey conducted by Forbes. The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing. Built on the 'GIVE Growth' principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market

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