Market Overview:
The global aviation fuel truck market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for aviation fuel from the commercial and military sectors, and the growing number of airports across the globe. Based on type, the global aviation fuel truck market is segmented into less than 10000L, 10000L-30000L, 30000L-60000L, and greater than 60000L segments. The 30000 L-60000 L segment is expected to grow at a higher CAGR during the forecast period as compared to other segments due to increase in demand for large capacity trucks for fuelling aircrafts. Based on application, the global aviation fuel truck market is segmented into commercial aviation, general aviation, and military Aviation segments. Commercial Aviation sector dominates this market owing high requirement of jet fuels for passenger flights operating globally whereas Military Aviation sector are anticipated witness highest growth rate over next few years due ongoing replacement programs by various countries worldwide .
Product Definition:
A fuel truck, also known as a tanker truck (UK, Ireland), is a type of vehicle designed to transport fuel in bulk. Fuel trucks are used by refineries, oil companies, gas stations and military bases to move gasoline, diesel and jet fuel.
Less Than 10000L:
The global less than 10000L market size was valued at USD 1.5 billion in 2016 and is expected to grow at a CAGR of XX% over the forecast period. The aviation industry has witnessed tremendous growth over the past few years on account of increasing air passenger traffic coupled with rising demand for cargo transportation services across the globe. This trend is expected to continue over the next eight years, thus driving demand for less than 10000L Aviation Fuel Truck (AFT).
10000L-30000L:
The 10000L-30000L is a fuel quantity measurement system that provides complete information about fuel quantity in the tank. It has two main components, namely display and sensor. The display component can be a human-machine interface (HMI) or an electronic device that displays the information on an LCD or LED screen.
Application Insights:
The general aviation segment held the largest share of over 50.0% in 2017 and is expected to continue its dominance over the forecast period. General aviation includes small commercial aircraft, business jets and helicopters among others. Increasing demand for private air transport services is anticipated to drive this application segment in near future.
Commercial aviation is estimated to be fastest growing application sector for GA fuel trucks owing to increasing air traffic across various regions coupled with rising passenger preference for premium service class has resulted in high demand for these vehicles on a global level during recent years. Increasing number of airports, airspace congestion and government regulations are some major factors driving the growth of commercial aviation on a global level which eventually benefits market growth as well since it provides an opportunity for lessor/hirer companies operating within this industry space at local levels globally since 2014 when generalAviation fuel truck market was first introduced into North America region from U.S.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The growth can be attributed to increasing demand for fuel trucks from various application sectors in countries, such as India, China, and Japan. In addition, rising investments by governments in developing economies are likely to boost aviation activities across Asia Pacific region which will further propel product demand.
The European market accounted for a significant share of global aviation fuel truck market on account of high military spending and large commercial fleet size in countries including Germany and France among other nations.
Growth Factors:
- Increasing demand for air travel: The global air passenger traffic is expected to grow at a CAGR of 5.8% from 2016 to 2036, according to the International Air Transport Association (IATA). This will result in an increase in the demand for aviation fuel.
- Proliferation of low-cost carriers: The growth of low-cost carriers (LCCs) is contributing significantly to the growth of the aviation fuel truck market. LCCs are expanding rapidly and are increasingly becoming popular among passengers due to their affordable fares and convenience. This is resulting in an increase in the demand for aviation fuel trucks worldwide.
- Development of new airports: A large number of new airports are being developed across the world as a result of rising air traffic congestion at existing airports and increasing passenger demand for air travel services. This is leading to an increase in the need for aviation fuel trucks globally, as these airports require dedicated fuelling infrastructure facilities such as storage tanks and refuelling points/hubs etc., which can be serviced by Aviation Fuel Truck operators only if they have requisite equipment & manpower strength deployed with them round-the-clock basis 365 days a year without fail!
Scope Of The Report
Report Attributes
Report Details
Report Title
Aviation Fuel Truck Market Research Report
By Type
Less Than 10000L, 10000L-30000L, 30000L-60000L, Greater Than 60000L
By Application
Commercial Aviation, General Aviation, Military Aviation
By Companies
BETA, SkyMark, Westmor Industries, SkyMark, Garsite, Amthor International, KME, Refuel International
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
122
Number of Tables & Figures
86
Customization Available
Yes, the report can be customized as per your need.
Global Aviation Fuel Truck Market Report Segments:
The global Aviation Fuel Truck market is segmented on the basis of:
Types
Less Than 10000L, 10000L-30000L, 30000L-60000L, Greater Than 60000L
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
Commercial Aviation, General Aviation, Military Aviation
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:
- BETA
- SkyMark
- Westmor Industries
- SkyMark
- Garsite
- Amthor International
- KME
- Refuel International
Highlights of The Aviation Fuel Truck 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:
- Less Than 10000L
- 10000L-30000L
- 30000L-60000L
- Greater Than 60000L
- By Application:
- Commercial Aviation
- General Aviation
- Military Aviation
- 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 Aviation Fuel Truck 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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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?
An aviation fuel truck is a large, heavy-duty truck used to transport aviation gasoline and other fuels.
Some of the key players operating in the aviation fuel truck market are BETA, SkyMark, Westmor Industries, SkyMark, Garsite, Amthor International, KME, Refuel International.
The aviation fuel truck market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Aviation Fuel Truck 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 Aviation Fuel Truck Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Aviation Fuel Truck 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 Aviation Fuel Truck 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 Aviation Fuel Truck Market Size & Forecast, 2018-2028
4.5.1 Aviation Fuel Truck Market Size and Y-o-Y Growth
4.5.2 Aviation Fuel Truck Market Absolute $ Opportunity
Chapter 5 Global Aviation Fuel Truck 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 Aviation Fuel Truck Market Size Forecast by Type
5.2.1 Less Than 10000L
5.2.2 10000L-30000L
5.2.3 30000L-60000L
5.2.4 Greater Than 60000L
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Aviation Fuel Truck 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 Aviation Fuel Truck Market Size Forecast by Applications
6.2.1 Commercial Aviation
6.2.2 General Aviation
6.2.3 Military Aviation
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Aviation Fuel Truck 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 Aviation Fuel Truck 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 Aviation Fuel Truck Analysis and Forecast
9.1 Introduction
9.2 North America Aviation Fuel Truck 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 Aviation Fuel Truck Market Size Forecast by Type
9.6.1 Less Than 10000L
9.6.2 10000L-30000L
9.6.3 30000L-60000L
9.6.4 Greater Than 60000L
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 Aviation Fuel Truck Market Size Forecast by Applications
9.10.1 Commercial Aviation
9.10.2 General Aviation
9.10.3 Military Aviation
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 Aviation Fuel Truck Analysis and Forecast
10.1 Introduction
10.2 Europe Aviation Fuel Truck 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 Aviation Fuel Truck Market Size Forecast by Type
10.6.1 Less Than 10000L
10.6.2 10000L-30000L
10.6.3 30000L-60000L
10.6.4 Greater Than 60000L
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 Aviation Fuel Truck Market Size Forecast by Applications
10.10.1 Commercial Aviation
10.10.2 General Aviation
10.10.3 Military Aviation
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 Aviation Fuel Truck Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Aviation Fuel Truck 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 Aviation Fuel Truck Market Size Forecast by Type
11.6.1 Less Than 10000L
11.6.2 10000L-30000L
11.6.3 30000L-60000L
11.6.4 Greater Than 60000L
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 Aviation Fuel Truck Market Size Forecast by Applications
11.10.1 Commercial Aviation
11.10.2 General Aviation
11.10.3 Military Aviation
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 Aviation Fuel Truck Analysis and Forecast
12.1 Introduction
12.2 Latin America Aviation Fuel Truck 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 Aviation Fuel Truck Market Size Forecast by Type
12.6.1 Less Than 10000L
12.6.2 10000L-30000L
12.6.3 30000L-60000L
12.6.4 Greater Than 60000L
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 Aviation Fuel Truck Market Size Forecast by Applications
12.10.1 Commercial Aviation
12.10.2 General Aviation
12.10.3 Military Aviation
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) Aviation Fuel Truck Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Aviation Fuel Truck 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) Aviation Fuel Truck Market Size Forecast by Type
13.6.1 Less Than 10000L
13.6.2 10000L-30000L
13.6.3 30000L-60000L
13.6.4 Greater Than 60000L
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) Aviation Fuel Truck Market Size Forecast by Applications
13.10.1 Commercial Aviation
13.10.2 General Aviation
13.10.3 Military Aviation
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 Aviation Fuel Truck Market: Competitive Dashboard
14.2 Global Aviation Fuel Truck Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 BETA
14.3.2 SkyMark
14.3.3 Westmor Industries
14.3.4 SkyMark
14.3.5 Garsite
14.3.6 Amthor International
14.3.7 KME
14.3.8 Refuel International
