PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1441379
PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1441379
Global Refueling Aircraft Market Size study & Forecast, by Component, by Aircraft Type, by Refueling Medium and Regional Analysis, 2023-2030
Global Refueling Aircraft Market is valued at approximately USD 14.8 billion in 2022 and is anticipated to grow with a healthy growth rate of more than 4.5% during the forecast period 2023-2030. Tanker aircraft, also known as Refueling Aircraft are capable of transferring fuel to an aircraft while it is parked at an airport (ground refueling) or in flight (air-to-air refueling). They let airplanes to stay in the air longer without having to land for fuel, increasing their endurance and range. Modern refueling aircraft use many systems to transfer gasoline without leaks. Air refueling saves time in emergency situations, which is critical for many fighter planes. The Refueling Aircraft Market is expanding because of factors such as rising expenditure in defense by governments worldwide, surging technological advancements and rising geopolitical tensions between various nations.
Aerial refueling is an important part of many military missions. Refueling planes are commonly used in the defense industry to extend the range of fighters, bombers, and other aircraft. Major governments around the world are making significant investments in military and defense capabilities. For instance, The US Department of Defense (DOD) invested USD 704.0 billion in the fiscal year 2020-2021, an increase over the previous year. Similarly, developing countries are making major investments in the military and defense sectors. For instance, Japan has declared intentions to invest more than USD 51.0 billion in the military and defense sectors in the fiscal year 2021. In addition,, aviation industry is a major contributor to greenhouse gas emissions, accounting for around 2% of global emissions. As environmental concerns rise, sustainable aviation fuels (SAF) are emerging as a game-changer, presenting lucrative market opportunities for firms across the refueling market. SAF can significantly reduce lifecycle carbon emissions compared to traditional jet fuel, often by up to 80%. This aligns with airlines' and airports' sustainability goals, enhancing their brand image and attracting environmentally conscious customers. For instance, according to a report by the International Air Transport Association, Airlines are increasingly looking for ways to reduce their carbon footprint, including the use of Sustainable Aviation Fuels (SAF) in their operations. However, factors such as stringent safety regulations and complex integration with advanced aircraft propulsions hampers the market growth throughout the forecast period 2023-2030.
The key regions considered for the Global Refueling Aircraft Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022 owing to factors such as a rise in the military & defence sector, the geographical presence of leading companies such as Eaton Corporation, GE Aviation and Lockheed Martin and a surge in technological developments for various military uses. Asia Pacific is expected to grow significantly over the forecast period, owing to factors such as a rise in defense expenditure by various nations in the region, the development of advanced aerospace technologies, the establishment of premier technology institutions such as IITs.
Major market player included in this report are:
- Lockheed Martin Corporation
- Eaton Corporation
- OMEGA Air Refuelling Services Inc.
- AFS Aviation Fuel Services GmbH
- General Electric (GE) Aerospace
- Marshal Group
- Garsite LLC
- Cobham Ltd.
- Northrop Grumman Corporation
- The Boeing Company
Recent Developments in the Market:
- In February 2023, Stratom and Imenco formed a strategic cooperation to provide high-quality robotic refueling systems to a global customer base. This relationship grants access to established, cutting-edge solutions that ensure the safe and long-term implementation of autonomous refueling in a variety of sectors, including industrial, aviation, defense, and offshore. The alliance sought to increase company value by providing dependable and innovative autonomous refueling solutions.
- In January 2024, ZeroAvia and Verne signed a Memorandum of Understanding (MoU) to jointly examine the feasibility of using CcH2 as onboard aeroplane fuel. Furthermore, they intend to investigate CcH2 refueling methods using sources such as Gaseous Hydrogen (GH2) and Liquid Hydrogen (LH2).
- In February 2023, Boeing has acquired agreements to purchase 5.6 million gallons (21.2 million liters) of blended sustainable aviation fuel (SAF) from Neste, the world's largest producer of SAF. This contract is intended to support Boeing's commercial operations in the United States through 2023. These deals represent a huge increase, doubling the company's SAF purchase from the previous year.
Global Refueling Aircraft Market Report Scope:
- Historical Data - 2020 - 2021
- Base Year for Estimation - 2022
- Forecast period - 2023-2030
- Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
- Segments Covered - Component, Aircraft Type, Refueling Medium, Region
- Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa
- Customization Scope - Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Component:
- Aviation Refueler
- Dispenser
- Refueling Pod
- Probe & Drogue
- Others
By Aircraft Type:
- Commercial
- Military Airplane
- Helicopter
By Refueling Medium:
- Air-to-Air Refueling
- Tanking Method
By Region:
- North America
- U.S.
- Canada
- Europe
- UK
- Germany
- France
- Spain
- Italy
- ROE
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- RoAPAC
- Latin America
- Brazil
- Mexico
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of Middle East & Africa
Table of Contents
Chapter 1. Executive Summary
- 1.1. Market Snapshot
- 1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
- 1.2.1. Refueling Aircraft Market, by Region, 2020-2030 (USD Billion)
- 1.2.2. Refueling Aircraft Market, by Component, 2020-2030 (USD Billion)
- 1.2.3. Refueling Aircraft Market, by Aircraft Type, 2020-2030 (USD Billion)
- 1.2.4. Refueling Aircraft Market, by Refueling Medium, 2020-2030 (USD Billion)
- 1.3. Key Trends
- 1.4. Estimation Methodology
- 1.5. Research Assumption
Chapter 2. Global Refueling Aircraft Market Definition and Scope
- 2.1. Objective of the Study
- 2.2. Market Definition & Scope
- 2.2.1. Industry Evolution
- 2.2.2. Scope of the Study
- 2.3. Years Considered for the Study
- 2.4. Currency Conversion Rates
Chapter 3. Global Refueling Aircraft Market Dynamics
- 3.1. Refueling Aircraft Market Impact Analysis (2020-2030)
- 3.1.1. Market Drivers
- 3.1.1.1. Rise in defense expenditure by governments worldwide
- 3.1.1.2. Surging technological advancements
- 3.1.1.3. Rising geopolitical tensions between various nations
- 3.1.2. Market Challenges
- 3.1.2.1. Stringent safety regulations
- 3.1.2.2. Complex integration with advanced aircraft propulsions
- 3.1.3. Market Opportunities
- 3.1.3.1. Rising focus on sustainable aviation fuels
- 3.1.3.2. Surging aeronautical advancements in emerging countries
- 3.1.1. Market Drivers
Chapter 4. Global Refueling Aircraft Market Industry Analysis
- 4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.2. Porter's 5 Force Impact Analysis
- 4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
- 4.3.5. Environmental
- 4.3.6. Legal
- 4.4. Top investment opportunity
- 4.5. Top winning strategies
- 4.6. COVID-19 Impact Analysis
- 4.7. Disruptive Trends
- 4.8. Industry Expert Perspective
- 4.9. Analyst Recommendation & Conclusion
Chapter 5. Global Refueling Aircraft Market, by Component
- 5.1. Market Snapshot
- 5.2. Global Refueling Aircraft Market by Component, Performance - Potential Analysis
- 5.3. Global Refueling Aircraft Market Estimates & Forecasts by Component 2020-2030 (USD Billion)
- 5.4. Refueling Aircraft Market, Sub Segment Analysis
- 5.4.1. Aviation Refueler
- 5.4.2. Dispenser
- 5.4.3. Refueling Pod
- 5.4.4. Probe & Drogue
- 5.4.5. Others
Chapter 6. Global Refueling Aircraft Market, by Aircraft Type
- 6.1. Market Snapshot
- 6.2. Global Refueling Aircraft Market by Aircraft Type, Performance - Potential Analysis
- 6.3. Global Refueling Aircraft Market Estimates & Forecasts by Aircraft Type 2020-2030 (USD Billion)
- 6.4. Refueling Aircraft Market, Sub Segment Analysis
- 6.4.1. Commercial
- 6.4.2. Military Airplane
- 6.4.3. Helicopter
Chapter 7. Global Refueling Aircraft Market, by Refueling Medium
- 7.1. Market Snapshot
- 7.2. Global Refueling Aircraft Market by Refueling Medium, Performance - Potential Analysis
- 7.3. Global Refueling Aircraft Market Estimates & Forecasts by Refueling Medium 2020-2030 (USD Billion)
- 7.4. Refueling Aircraft Market, Sub Segment Analysis
7.4.1. Air-to-Air Refueling
7.4.2. Tanking Method
Chapter 8. Global Refueling Aircraft Market, Regional Analysis
- 8.1. Top Leading Countries
- 8.2. Top Emerging Countries
- 8.3. Refueling Aircraft Market, Regional Market Snapshot
- 8.4. North America Refueling Aircraft Market
- 8.4.1. U.S. Refueling Aircraft Market
- 8.4.1.1. Component breakdown estimates & forecasts, 2020-2030
- 8.4.1.2. Aircraft Type breakdown estimates & forecasts, 2020-2030
- 8.4.1.3. Refueling Medium breakdown estimates & forecasts, 2020-2030
- 8.4.2. Canada Refueling Aircraft Market
- 8.4.1. U.S. Refueling Aircraft Market
- 8.5. Europe Refueling Aircraft Market Snapshot
- 8.5.1. U.K. Refueling Aircraft Market
- 8.5.2. Germany Refueling Aircraft Market
- 8.5.3. France Refueling Aircraft Market
- 8.5.4. Spain Refueling Aircraft Market
- 8.5.5. Italy Refueling Aircraft Market
- 8.5.6. Rest of Europe Refueling Aircraft Market
- 8.6. Asia-Pacific Refueling Aircraft Market Snapshot
- 8.6.1. China Refueling Aircraft Market
- 8.6.2. India Refueling Aircraft Market
- 8.6.3. Japan Refueling Aircraft Market
- 8.6.4. Australia Refueling Aircraft Market
- 8.6.5. South Korea Refueling Aircraft Market
- 8.6.6. Rest of Asia Pacific Refueling Aircraft Market
- 8.7. Latin America Refueling Aircraft Market Snapshot
- 8.7.1. Brazil Refueling Aircraft Market
- 8.7.2. Mexico Refueling Aircraft Market
- 8.8. Middle East & Africa Refueling Aircraft Market
- 8.8.1. Saudi Arabia Refueling Aircraft Market
- 8.8.2. South Africa Refueling Aircraft Market
- 8.8.3. Rest of Middle East & Africa Refueling Aircraft Market
Chapter 9. Competitive Intelligence
- 9.1. Key Company SWOT Analysis
- 9.1.1. Company 1
- 9.1.2. Company 2
- 9.1.3. Company 3
- 9.2. Top Market Strategies
- 9.3. Company Profiles
- 9.3.1. Lockheed Martin Corporation
- 9.3.1.1. Key Information
- 9.3.1.2. Overview
- 9.3.1.3. Financial (Subject to Data Availability)
- 9.3.1.4. Product Summary
- 9.3.1.5. Recent Developments
- 9.3.1. Lockheed Martin Corporation
9.3.2. Eaton Corporation
9.3.3. OMEGA Air Refuelling Services Inc.
9.3.4. AFS Aviation Fuel Services GmbH
9.3.5. General Electric (GE) Aerospace
9.3.6. Marshal Group
9.3.7. Garsite LLC
9.3.8. Cobham Ltd.
9.3.9. Northrop Grumman Corporation
9.3.10. The Boeing Company
Chapter 10. Research Process
- 10.1. Research Process
- 10.1.1. Data Mining
- 10.1.2. Analysis
- 10.1.3. Market Estimation
- 10.1.4. Validation
- 10.1.5. Publishing
- 10.2. Research Attributes
- 10.3. Research Assumption
LIST OF TABLES
- TABLE 1. Global Refueling Aircraft Market, report scope
- TABLE 2. Global Refueling Aircraft Market estimates & forecasts by Region 2020-2030 (USD Billion)
- TABLE 3. Global Refueling Aircraft Market estimates & forecasts by Component 2020-2030 (USD Billion)
- TABLE 4. Global Refueling Aircraft Market estimates & forecasts by Aircraft Type 2020-2030 (USD Billion)
- TABLE 5. Global Refueling Aircraft Market estimates & forecasts by Refueling Medium 2020-2030 (USD Billion)
- TABLE 6. Global Refueling Aircraft Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 7. Global Refueling Aircraft Market by region, estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 8. Global Refueling Aircraft Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 9. Global Refueling Aircraft Market by region, estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 10. Global Refueling Aircraft Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 11. Global Refueling Aircraft Market by region, estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 12. Global Refueling Aircraft Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 13. Global Refueling Aircraft Market by region, estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 14. Global Refueling Aircraft Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 15. Global Refueling Aircraft Market by region, estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 16. U.S. Refueling Aircraft Market estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 17. U.S. Refueling Aircraft Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 18. U.S. Refueling Aircraft Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 19. Canada Refueling Aircraft Market estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 20. Canada Refueling Aircraft Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 21. Canada Refueling Aircraft Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 22. UK Refueling Aircraft Market estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 23. UK Refueling Aircraft Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 24. UK Refueling Aircraft Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 25. Germany Refueling Aircraft Market estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 26. Germany Refueling Aircraft Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 27. Germany Refueling Aircraft Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 28. France Refueling Aircraft Market estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 29. France Refueling Aircraft Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 30. France Refueling Aircraft Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 31. Italy Refueling Aircraft Market estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 32. Italy Refueling Aircraft Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 33. Italy Refueling Aircraft Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 34. Spain Refueling Aircraft Market estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 35. Spain Refueling Aircraft Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 36. Spain Refueling Aircraft Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 37. RoE Refueling Aircraft Market estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 38. RoE Refueling Aircraft Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 39. RoE Refueling Aircraft Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 40. China Refueling Aircraft Market estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 41. China Refueling Aircraft Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 42. China Refueling Aircraft Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 43. India Refueling Aircraft Market estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 44. India Refueling Aircraft Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 45. India Refueling Aircraft Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 46. Japan Refueling Aircraft Market estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 47. Japan Refueling Aircraft Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 48. Japan Refueling Aircraft Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 49. South Korea Refueling Aircraft Market estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 50. South Korea Refueling Aircraft Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 51. South Korea Refueling Aircraft Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 52. Australia Refueling Aircraft Market estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 53. Australia Refueling Aircraft Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 54. Australia Refueling Aircraft Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 55. RoAPAC Refueling Aircraft Market estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 56. RoAPAC Refueling Aircraft Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 57. RoAPAC Refueling Aircraft Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 58. Brazil Refueling Aircraft Market estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 59. Brazil Refueling Aircraft Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 60. Brazil Refueling Aircraft Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 61. Mexico Refueling Aircraft Market estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 62. Mexico Refueling Aircraft Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 63. Mexico Refueling Aircraft Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 64. RoLA Refueling Aircraft Market estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 65. RoLA Refueling Aircraft Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 66. RoLA Refueling Aircraft Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 67. Saudi Arabia Refueling Aircraft Market estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 68. South Africa Refueling Aircraft Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 69. RoMEA Refueling Aircraft Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 70. List of secondary sources, used in the study of global Refueling Aircraft Market
- TABLE 71. List of primary sources, used in the study of global Refueling Aircraft Market
- TABLE 72. Years considered for the study
- TABLE 73. Exchange rates considered
List of tables and figures are dummy in nature, final lists may vary in the final deliverable
LIST OF FIGURES
- FIG 1. Global Refueling Aircraft Market, research methodology
- FIG 2. Global Refueling Aircraft Market, Market estimation techniques
- FIG 3. Global Market size estimates & forecast methods
- FIG 4. Global Refueling Aircraft Market, key trends 2022
- FIG 5. Global Refueling Aircraft Market, growth prospects 2020-2030
- FIG 6. Global Refueling Aircraft Market, porters 5 force model
- FIG 7. Global Refueling Aircraft Market, pest analysis
- FIG 8. Global Refueling Aircraft Market, value chain analysis
- FIG 9. Global Refueling Aircraft Market by segment, 2020 & 2030 (USD Billion)
- FIG 10. Global Refueling Aircraft Market by segment, 2020 & 2030 (USD Billion)
- FIG 11. Global Refueling Aircraft Market by segment, 2020 & 2030 (USD Billion)
- FIG 12. Global Refueling Aircraft Market by segment, 2020 & 2030 (USD Billion)
- FIG 13. Global Refueling Aircraft Market by segment, 2020 & 2030 (USD Billion)
- FIG 14. Global Refueling Aircraft Market, regional snapshot 2020 & 2030
- FIG 15. North America Refueling Aircraft Market 2020 & 2030 (USD Billion)
- FIG 16. Europe Refueling Aircraft Market 2020 & 2030 (USD Billion)
- FIG 17. Asia pacific Refueling Aircraft Market 2020 & 2030 (USD Billion)
- FIG 18. Latin America Refueling Aircraft Market 2020 & 2030 (USD Billion)
- FIG 19. Middle East & Africa Refueling Aircraft Market 2020 & 2030 (USD Billion)
List of tables and figures are dummy in nature, final lists may vary in the final deliverable
