PUBLISHER: Polaris Market Research | PRODUCT CODE: 1652089
PUBLISHER: Polaris Market Research | PRODUCT CODE: 1652089
The global aerial refueling system market size is expected to reach USD 997.72 million by 2034, according to a new study by Polaris Market Research. The report "Aerial Refueling System Market Size, Share, Trends, Industry Analysis Report: By Aircraft Type, System Type, Components, End User (OEM and Aftermarket), and Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Market Forecast, 2025-2034" gives a detailed insight into current market dynamics and provides analysis on future market growth.
The growth in the number of military aircraft is driving demand for aerial refueling systems. Many countries are modernizing and expanding their air forces, adding more fighter jets, bombers, and surveillance planes to their fleets. These aircraft require in-flight refueling to operate over longer distances and carry out extended missions without having to return to base. The increasing number of military aircraft, combined with the need for longer operational ranges, is creating a rising demand for efficient aerial refueling systems. This trend is contributing significantly to the aerial refueling system market growth.
The rising demand for cargo planes is driving the aerial refueling system market expansion. With global trade increasing and the need for fast, efficient transportation growing, cargo aircraft are being used more frequently for long-haul flights. Aerial refueling allows cargo planes to travel longer distances without needing to land for fuel, improving delivery times and operational efficiency.
Based on aircraft type, the combat & tanker segment is expected to experience significant CAGR in the global market during the forecast period due to extended surveillance and missions.
Based on system type, the hose & drogue segment dominated the aerial refueling system market in 2024 due to its flexibility and ease of operation.
Asia Pacific is experiencing significant growth in the aerial refueling systems market due to the rising demand for cargo aircraft. Countries in the region are expanding their air cargo fleets to support growing trade, increasing the need for long-range refueling systems.
In 2024, North America had the largest revenue share in the aerial refueling system market due to an increase in government investment in defense.
A few of the key market players are Airbus SE, Cobzzham plc, Draken International, Eaton Corporation, GE Aviation, Marshall Aerospace & Defence Group, Parker Hannifin Corporation, Safran, Zodiac Aerospace, and Lockheed Martin.
Polaris market research has segmented the aerial refueling system market research report on the basis of aircraft type, system type, component, end user, and region:
By Aircraft Type (Revenue - USD Million, 2020-2034)
§ Combat & Tanker
§ Turboprop & Helicopter
§ UAV
By System Type (Revenue - USD Million, 2020-2034)
§ Hose & Drogue
§ Boom & Receptacle
By Components (Revenue - USD Million, 2020-2034)
§ Hose
§ Drogue
§ Probe
§ Boom
§ Refueling Pods
§ Others
By End User (Revenue - USD Million, 2020-2034)
§ OEM
§ Aftermarket