Market Research Report
Global Aerial Refueling Systems Market by Aircraft Type (Combat Aircraft, Helicopter, and UAV), by System Type, by Component Type, by End-User Type, and by Region, Trend, Forecast, Competitive Analysis, and Growth Opportunity: 2017-2022
|Published by||Stratview Research||Product code||590310|
|Published||Content info||230 Pages
Delivery time: 1-2 business days
|Global Aerial Refueling Systems Market by Aircraft Type (Combat Aircraft, Helicopter, and UAV), by System Type, by Component Type, by End-User Type, and by Region, Trend, Forecast, Competitive Analysis, and Growth Opportunity: 2017-2022|
|Published: October 9, 2017||Content info: 230 Pages||
This report, from Stratview Research, studies the global aerial refueling systems market over the period 2017 to 2022. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.
The global aerial refueling systems market offers a healthy growth opportunity in the entire ecosystem and is likely to grow at a CAGR of 3.7% over the next five years to reach US$ 576.4 million in 2022. Increasing demand for tanker aircraft, owing to rising defense budgets in the developing economies and expected replacement of old tanker aircraft fleet of KC-135 in the USA; emergence of multirole aircraft tankers; increasing demand for long-run military jets for special purpose missions; and rising tanker fleet size are the major growth drivers for the aerial refueling systems market.
The global aerial refueling systems market is segmented based on aircraft type as Combat Aircraft, Helicopter, and UAV. Combat aircraft is likely to remain the growth engine of the global aerial refueling systems market during the forecast period of 2017 to 2022. Increasing demand for combat aircraft, owing to rising tensions and high combat aircraft fleet size need multiple tanker aircraft for refueling. The trend is driving the demand for refueling tanker aircraft for the combat aircraft. The UAV segment is likely to witness the highest growth during the forecast period, driven by increasing production of long-range UAVs.
Based on the system type, the global aerial refueling systems market is segmented as Hose & Drogue and Boom & Receptacle. Hose & Drogue is expected to remain the largest and fastest-growing system type in the global aerial refueling systems market during the forecast period of 2017 to 2022, driven by its low cost and ease in refueling.
Based on the component type, the aerial refueling systems market is segmented as Refueling Pods, Refueling Probes, Drogues, Hoses, Boom, and Others. Boom is projected to remain the dominant component of the global aerial refueling systems market over the next five years, whereas hose is likely to be the fastest-growing component type during the same period, driven by both OE and aftermarket.
Based on the end-user type, the global aerial refueling systems market is segmented as OE and aftermarket. OE is expected to remain the largest and fastest-growing segment of the global aerial refueling systems market during the forecast period, driven by increasing demand for new tanker aircraft.
Based on the regions, North America is expected to remain the largest aerial refueling systems market during the forecast period. The USA is likely to remain the growth engine of the North American aerial refueling systems market, propelled by high defense budget, large tanker aircraft fleet (KC-135), and expected replacement of old aircraft fleet with new KC-46 tanker aircraft in the coming years. Asia-Pacific is expected to experience the highest growth during the same period. Increasing defense budget of the major Asian markets, such as China, India, Japan, and South Korea; and good order size of tanker aircraft are likely to drive the demand for aerial refueling systems in the region.
The supply chain of this market comprises raw material suppliers, component manufacturers, aerial refueling system suppliers, aircraft manufacturers, and end users. Key aerial refueling system manufacturers globally are Cobham Plc., Eaton Corporation, Zodiac Aerospace, GE Aviation Systems, and Marshall Aerospace and Defense Group. Developing high-performance aerial refueling systems and components and building long-term relations with the customers are the key strategies adopted by the major players to gain a competitive edge in the market.
This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research's internal database and statistical tools. More than 500 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. About 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts have been executed to obtain both the qualitative and quantitative insights.
This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:
The global aerial refueling systems market is segmented into the following categories.
With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:
Current market size (2016) of aerial refueling systems in any of the North American country by system type
Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances
Custom Research: Stratview research offers custom research services across sectors.