Market Overview:
The global air refuelling systems market is estimated to be valued at US$ XX Mn in 2018 and is projected to reach US$ XX Mn by 2030, exhibiting a CAGR of X.X% during the forecast period. The market growth can be attributed to the increasing demand for air refuelling systems from civil aircraft, military aircraft and commercial aircraft applications. Additionally, the increasing demand for air refuelling systems from emerging economies in Asia Pacific and Latin America is expected to fuel the growth of the global air refuelling systems market over the forecast period. On basis of type, ship-to-plane segment is expected to account for a major share of revenue in 2018 and is projected to register highest CAGR during forecast period owing high adoption rate across various applications. On basis of application, civil aircraft segment dominates global air refuelling system market with highest share followed by military & commercial Aircraft segments respectively.
Product Definition:
An air refuelling system is a device or set of devices used to transfer fuel from one aircraft to another in flight. The purpose of air refuelling systems is to extend the range and/or time aloft of military aircraft.
Ship To Plane:
The ship to plane (STP) technology is used in the refuelling of aircraft. It enables efficient transfer of fuel from a supply vessel to an aircraft with minimum wastage and maximum efficiency. The system works on the principle that two vessels are required, one as a source, which may be a tanker or barge; and another as a receiver, which can be an aeroplane or other vessel.
Plane To Plane:
Plane to plane (P2P) is a technique where the aircraft's lateral movement is controlled by using an accurate and constant fuel supply from the tanker.
The aircraft has a fixed wing and uses its fuel for moving the wings through air. The movement of the wings generates aerodynamic force which moves forward through jet engines attached to it.
Application Insights:
The civil aircraft segment dominated the global air refueling systems market in 2017 and is expected to witness a CAGR of XX% over the forecast period owing to increasing passenger traffic on commercial airlines across the world. The growth can be attributed to factors such as growing middle-class population, rapid urbanization, and rising per capita income levels across developing countries.
Increasing demand for intercontinental travel by business travelers is also expected to drive growth over the forecast period. Furthermore, governments are promoting tourism by offering tax rebates or subsidies on international air tickets which encourages more people from developed countries to take trips abroad for business purposes or leisure travel. This trend will positively influence industry expansion during the forecast period as many companies focus on providing superior customer service while expanding their brand image around the globe through advertising and public relations campaigns that boost passenger traffic on scheduled airlines services thereby driving demand for air refueling systems in near future.
Regional Analysis:
North America dominated the global air-refuelling systems market in 2016. The growth can be attributed to the presence of major aircraft manufacturers and maintenance providers, such as Safran Aircraft Engines France S.A., Rolls-Royce Holdings plc., United Technologies, Honeywell International Inc., and GE Aviation. These companies are engaged in developing new aircraft types with enhanced fuel efficiency that would reduce carbon emission by reducing flying time across North America region.
Asia Pacific is expected to witness significant growth over the forecast period owing to increasing demand for air travel across emerging economies including China, India, Indonesia among others which have been witnessing strong economic growth over past few years due to their abundant natural resources coupled with low manufacturing cost as compared to other developed countries of Europe and North America making it a preferred investment destination for many multinational companies from these regions resulting into increased demand for commercial flights thereby driving up overall industry size over next eight years.
Growth Factors:
- Increasing demand for air travel: The global air travel industry is growing at a rapid pace, owing to the increasing number of passengers travelling for both business and leisure purposes. This is expected to drive the demand for air refuelling systems in the coming years.
- Proliferation of low-cost carriers: The proliferation of low-cost carriers (LCCs) has resulted in an increase in the number of budget-conscious travellers, who are looking for affordable means of travelling long distances. This is likely to boost the demand for air refuelling systems in the near future.
- Expansion of airport infrastructure: Airport authorities around the world are investing heavily in expanding their airport infrastructure, which is expected to result in an increase in passenger traffic over the next few years. This will create opportunities for Air Refuelling Systems market players to capitalize on this growth potential.
Scope Of The Report
Report Attributes
Report Details
Report Title
Air Refuelling Systems Market Research Report
By Type
Ship To Plane, Plane To Plane, Other
By Application
Civil Aircraft, Military Aircraft, Commercial Aircraft
By Companies
Avcorp Industries Inc(Canada), Bulwell Precision Engineers (Nasmyth Group)(U.K.), Carlisle Interconnect Technologies(U.S.A.), Cobham MissionSystems Division(U.K.), DRS Laurel Technologies Inc(U.S.A.), DRS Technologies Inc.(U.S.A.), EatonLtd(U.K.), GeAviationSystems Mechanical (Corona)(U.S.A.), GKnAerospace(U.K.), Liebherr-AerospaceLindenbergGmbh(Germany), Pankl AerospaceSystems EuropeGmbh(Austria), SargentFletcher Inc.(U.S.A.), Triumph Aerostructures (U.S.A.)
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
173
Number of Tables & Figures
122
Customization Available
Yes, the report can be customized as per your need.
Global Air Refuelling Systems Market Report Segments:
The global Air Refuelling Systems market is segmented on the basis of:
Types
Ship To Plane, Plane To Plane, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Civil Aircraft, Military Aircraft, Commercial Aircraft
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Avcorp Industries Inc(Canada)
- Bulwell Precision Engineers (Nasmyth Group)(U.K.)
- Carlisle Interconnect Technologies(U.S.A.)
- Cobham MissionSystems Division(U.K.)
- DRS Laurel Technologies Inc(U.S.A.)
- DRS Technologies Inc.(U.S.A.)
- EatonLtd(U.K.)
- GeAviationSystems Mechanical (Corona)(U.S.A.)
- GKnAerospace(U.K.)
- Liebherr-AerospaceLindenbergGmbh(Germany)
- Pankl AerospaceSystems EuropeGmbh(Austria)
- SargentFletcher Inc.(U.S.A.)
- Triumph Aerostructures (U.S.A.)
Highlights of The Air Refuelling Systems Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Ship To Plane
- Plane To Plane
- Other
- By Application:
- Civil Aircraft
- Military Aircraft
- Commercial Aircraft
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Air Refuelling Systems Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Air Refuelling Systems are a technology that allow aircraft to refuel in the air.
Some of the key players operating in the air refuelling systems market are Avcorp Industries Inc(Canada), Bulwell Precision Engineers (Nasmyth Group)(U.K.), Carlisle Interconnect Technologies(U.S.A.), Cobham MissionSystems Division(U.K.), DRS Laurel Technologies Inc(U.S.A.), DRS Technologies Inc.(U.S.A.), EatonLtd(U.K.), GeAviationSystems Mechanical (Corona)(U.S.A.), GKnAerospace(U.K.), Liebherr-AerospaceLindenbergGmbh(Germany), Pankl AerospaceSystems EuropeGmbh(Austria), SargentFletcher Inc.(U.S.A.), Triumph Aerostructures (U.S.A.).
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Air Refuelling Systems Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Air Refuelling Systems Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Air Refuelling Systems Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Air Refuelling Systems Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Air Refuelling Systems Market Size & Forecast, 2018-2028
4.5.1 Air Refuelling Systems Market Size and Y-o-Y Growth
4.5.2 Air Refuelling Systems Market Absolute $ Opportunity
Chapter 5 Global Air Refuelling Systems Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Air Refuelling Systems Market Size Forecast by Type
5.2.1 Ship To Plane
5.2.2 Plane To Plane
5.2.3 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Air Refuelling Systems Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Air Refuelling Systems Market Size Forecast by Applications
6.2.1 Civil Aircraft
6.2.2 Military Aircraft
6.2.3 Commercial Aircraft
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Air Refuelling Systems Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Air Refuelling Systems Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Air Refuelling Systems Analysis and Forecast
9.1 Introduction
9.2 North America Air Refuelling Systems Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Air Refuelling Systems Market Size Forecast by Type
9.6.1 Ship To Plane
9.6.2 Plane To Plane
9.6.3 Other
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Air Refuelling Systems Market Size Forecast by Applications
9.10.1 Civil Aircraft
9.10.2 Military Aircraft
9.10.3 Commercial Aircraft
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Air Refuelling Systems Analysis and Forecast
10.1 Introduction
10.2 Europe Air Refuelling Systems Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Air Refuelling Systems Market Size Forecast by Type
10.6.1 Ship To Plane
10.6.2 Plane To Plane
10.6.3 Other
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Air Refuelling Systems Market Size Forecast by Applications
10.10.1 Civil Aircraft
10.10.2 Military Aircraft
10.10.3 Commercial Aircraft
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Air Refuelling Systems Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Air Refuelling Systems Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Air Refuelling Systems Market Size Forecast by Type
11.6.1 Ship To Plane
11.6.2 Plane To Plane
11.6.3 Other
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Air Refuelling Systems Market Size Forecast by Applications
11.10.1 Civil Aircraft
11.10.2 Military Aircraft
11.10.3 Commercial Aircraft
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Air Refuelling Systems Analysis and Forecast
12.1 Introduction
12.2 Latin America Air Refuelling Systems Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Air Refuelling Systems Market Size Forecast by Type
12.6.1 Ship To Plane
12.6.2 Plane To Plane
12.6.3 Other
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Air Refuelling Systems Market Size Forecast by Applications
12.10.1 Civil Aircraft
12.10.2 Military Aircraft
12.10.3 Commercial Aircraft
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Air Refuelling Systems Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Air Refuelling Systems Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Air Refuelling Systems Market Size Forecast by Type
13.6.1 Ship To Plane
13.6.2 Plane To Plane
13.6.3 Other
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Air Refuelling Systems Market Size Forecast by Applications
13.10.1 Civil Aircraft
13.10.2 Military Aircraft
13.10.3 Commercial Aircraft
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Air Refuelling Systems Market: Competitive Dashboard
14.2 Global Air Refuelling Systems Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Avcorp Industries Inc(Canada)
14.3.2 Bulwell Precision Engineers (Nasmyth Group)(U.K.)
14.3.3 Carlisle Interconnect Technologies(U.S.A.)
14.3.4 Cobham MissionSystems Division(U.K.)
14.3.5 DRS Laurel Technologies Inc(U.S.A.)
14.3.6 DRS Technologies Inc.(U.S.A.)
14.3.7 EatonLtd(U.K.)
14.3.8 GeAviationSystems Mechanical (Corona)(U.S.A.)
14.3.9 GKnAerospace(U.K.)
14.3.10 Liebherr-AerospaceLindenbergGmbh(Germany)
14.3.11 Pankl AerospaceSystems EuropeGmbh(Austria)
14.3.12 SargentFletcher Inc.(U.S.A.)
14.3.13 Triumph Aerostructures (U.S.A.)
