News Contact Us

Aerial Refueling Systems Market 2020: Overview and Share Forecasted to 2026

Author : Rahul Varpe | Published Date : 2020-09-02 

The global aerial refueling systems market is projected to register lucrative growth over the coming years as defense budgets keep increasing and technological advancements keep occurring in the field of aviation at a tremendous pace.

While aerial refueling systems have been around for a number of years, the core technology has been pushed a long way from the time the first in-air refueling operation took place. Military aircraft have effectively used aerial refueling systems for almost a hundred years. The practice is integral in extending the overall range of an aircraft and allows it to stay in the air longer without having to land.

Request for a sample of this research report: https://www.gminsights.com/request-sample/detail/2155

When an aeroplane takes off, its engines need to work more hard; just as is the case with car engines when the care is going uphill. However, this process burns a significant amount of fuel which could have been otherwise used to get the airplane make a longer trip. If aircrafts could refill their fuel tanks while in the air, they could travel much further. Some planes can refuel from a nozzle that has been suspended from another plane while flying, this process is known as mid-air refueling.

The mid-air refueling process is particularly important to the defense sector as military aircraft can fly much farther than they usually could on just their own limited fuel tanks. Additionally, with the importance of border surveillance growing across countries at a momentous pace, the adoption of aerial refueling systems is increasing in tandem.

The aerial refueling systems market is categorized into different segment on the basis of application, components, system, distribution channels, and regional landscape.

Based on application, the market is divided into military aircrafts, helicopters, commercial aircraft, and UAVs. Among these, the UAV segment is projected to grow with an impressive CAGR of more than 12% over the forecast timeframe owing to several technology advancements in the field of unmanned flight and refueling systems.

Request for [email protected] https://www.gminsights.com/roc/2155

Based on component, the market is classified into refueling pods, refueling probe, drogues, hoses, and boom. Among these, the refueling probe segment will grow with the CAGR of over 3% through the analysis period 2026 owing to increasing demand from probe and drogue system.

Similarly, the hoses segment is earmarked to register growth with an impressive CAGR of over 5% over the projected timeframe owing to increasing demand from probe and drogue systems.

Regionally, the LATAM segment accounts for over 2% share of the overall market. Rising defense expenditure of countries throughout the region will increase product demand in the sector.

Table of contents for this research [email protected] https://www.gminsights.com/toc/detail/aerial-refueling-systems-market

The MEA segment will grow with the CAGR of around 2% over the forecast timeframe owing to increasing demand from military aircrafts in the region.


About Author

Rahul Varpe

Rahul Varpe

Rahul Varpe currently writes for fractovia. A communication Engineering graduate by education, Rahul started his journey in as a freelancer writer along with regular jobs. Rahul has a prior experience in writing as well as marketing of services and products online. Apart from being an avid reader, his other hobbies include music and sketching. [email protected] | https://twitter.com/varperahul

Related News

Commercial Satellite Launch Service Market Size Overview and Share Forecasted to 2026

Published Date: 2020-09-21         Author: Rahul Varpe

With increasing collaborations between private enterprises and government agencies on space missions, commercial satellite launch service market is likely to witness a remunerative period of growth in the coming years. Rising smartphone penetration and the subsequently growing demand for better inte... Read More

Aerospace 3D Printing Materials Market | Application and Future Forecast by 2026

Published Date: 2020-09-21         Author: Rahul Varpe

The aerospace 3D printing materials market is poised to accumulate noteworthy gains in coming years owing to the technology's ability to produce aircraft parts and components that are lighter and stronger than the ones manufactured through conventional methods. 3D printing is a process where phy... Read More

Smart Weapons Market: Overview and Share Forecasted to 2026

Published Date: 2020-09-21         Author: Rahul Varpe

The smart weapons market is anticipated to witness significant growth over the coming time period owing to the increasing cross border conflicts and increasing FDI for manufacturing of weapons. Smart weapons usually utilize guidance systems that are dependent upon external assistance, making them di... Read More

© 2020 Fractovia. All Rights Reserved