PUBLISHER: TechSci Research | PRODUCT CODE: 1886555
PUBLISHER: TechSci Research | PRODUCT CODE: 1886555
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The Global Aircraft Refueling Market, valued at USD 8.75 Billion in 2024, is projected to experience a CAGR of 5.62% to reach USD 12.15 Billion by 2030. The Global Aircraft Refueling Market encompasses the essential services and infrastructure required for transferring aviation fuel into aircraft tanks to facilitate flight operations. Market expansion is primarily driven by the escalating global air traffic volumes, consistent growth in commercial aircraft fleets, and robust demand across both passenger and cargo aviation sectors, all necessitating enhanced refueling capabilities.
| Market Overview | |
|---|---|
| Forecast Period | 2026-2030 |
| Market Size 2024 | USD 8.75 Billion |
| Market Size 2030 | USD 12.15 Billion |
| CAGR 2025-2030 | 5.62% |
| Fastest Growing Segment | Commercial Airplane |
| Largest Market | North America |
Key Market Drivers
The expansion of global commercial aviation and air travel demand serves as a primary driver for the aircraft refueling market. Consistent growth in passenger and cargo volumes directly necessitates increased flight operations and fuel uplift services across global airports. As travel has rebounded and connectivity strengthened, the aviation industry has experienced significant recovery.
Key Market Challenges
The persistent volatility of global crude oil prices poses a significant challenging factor for the Global Aircraft Refueling Market. Fluctuations in crude oil directly influence aviation fuel costs, which represent a substantial portion of airline operational expenditures. According to the International Air Transport Association (IATA), fuel accounted for approximately 32% of airline operating expenses in both 2023 and 2024, highlighting its critical impact on carrier finances.
Key Market Trends
Sustainable Aviation Fuel (SAF) infrastructure development represents a critical trend shaping the global aircraft refueling market, driven by the aviation industry's decarbonization goals. This necessitates substantial investment across the supply chain, encompassing production, blending, storage, and efficient airport distribution networks. According to the International Air Transport Association (IATA), in 2024, SAF production volumes reached 1 million tonnes (1.3 billion liters), doubling the 0.5 million tonnes (600 million liters) produced in 2023, underscoring the escalating demand for corresponding infrastructure.
In this report, the Global Aircraft Refueling Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:
Company Profiles: Detailed analysis of the major companies presents in the Global Aircraft Refueling Market.
Global Aircraft Refueling Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report: