Global military aerial refueling tanker market anticipated driving due to the development and procurement of cost-effective aerial refueling tankers along with increasing defense expenditure of various countries
Global military aerial refueling tanker market estimated to grow at a significant CAGR during the forecast period, 2020-2027. The primary factors are the growing demand for land-based strike platforms that can make an uninterrupted flight of a distance ranging from 4,600 miles to 5,700 miles by developed countries. Additionally, the development of unmanned jet tankers and shifting toward a next-generation long-range strike platform is anticipated to fuel the demand for military aerial refueling tankers across the globe in the coming years. Moreover, the high defence budget of developing and developed nations has led to substantial demand for tanker aircraft is further anticipated to boost the global military aerial refueling tanker industry. According to the Stockholm International Peace Research Institute, the total world military biggest spenders in 2018 were the United States, China, Saudi Arabia, India, and France. Various countries have changed their military organization by adding more long-range combat aircraft to their fleet due to logistical and technological advantages, which are is strengthening the market growth.
For special aircraft such as reconnaissance aircraft and anti-submarine aircraft, aerial refueling aircraft can increase the stagnation time of combat aircraft, thereby reducing the number of aircraft dispatches and completing the corresponding combat tasks more efficiently. In addition to making up the voyage, refueling in the air can also increase the effective load of combat aircraft. Furthermore, the emergence of a smart drogue system has gained prominence due to its active buffer. It leads to a considerable reduction in its movement along with uninterrupted refueling even in harsh situations such as intense turbulence and rough air. These factors expected to witness the remarkable growth of the market.
Aerial Refuelling Technologies Overview in the Global Military Aerial Refuelling Tanker Market
Based on aerial refueling technologies, the global military aerial refueling tanker market bifurcates into Probe and Drogue, and boom-and-receptacle. The Probe and Drogue segment likely to lead the market by 2027, as these systems contain refueling hose, a hose-end coupling, and a drogue and its operational flexibility and ease of use among the naval forces in many countries.
Component Overview in the Global Military Aerial Refuelling Tanker market
Based on component, the global military aerial refueling tanker market classified into refueling pods, refueling probes, drogues, hoses, and boom. The drogues segment witnessed the largest market share in 2019 and will dominate by 2027. It is owing to drogues extensively used by manufacturers in military helicopters.
Distribution Channel Overview in the Global Military Aerial Refueling Tanker Market
Based on the distribution channel, the global military aerial refueling tanker market classified into OEM and Aftermarket. The OEM segment projected to lead the market by 2027. It is due to the new military aircraft already installed aerial refueling tanker for refueling procedures.
Regional Overview in the Global Military Aerial Refuelling Tanker Market
By geography, the Global Military Aerial Refuelling Tanker Market segmented into North America, Europe, Asia Pacific, South America, and Middle East & Africa. North America held a higher market share in 2019 and will continue its dominance by 2027. It is attributable to strategic move by the USA towards the development of long-range strike platforms owing to the changing nature of warfare and the presence of major players, OEMs, and component manufacturers in the region.
Global Military Aerial Refueling Tanker Market: Competitive Landscape
Companies such as Airbus SE, Cobham Plc, Eaton Corporation Plc, Embraer SA, General Electric Co., Israel Aerospace Industries Ltd., Liebherr-International Deutschland GmbH, Lockheed Martin Corp., Rostec State Corp, and the Boeing Co. are the key players in the global military aerial refueling tanker market.
Global Military Aerial Refueling Tanker Market
Report Content
1. Research Strategic Development
1.1. Market Modelling
1.2. Product Analysis
1.3. Market Trend and Economic Factors Analysis
1.4. Market Segmental Analysis
1.5. Geographical Mapping
1.6. Country Wise Segregation
2. Research Methodology
2.1. Identification of Target Market
2.2. Data Acquisition
2.3. Refining of Data/ Data Transformations
2.4. Data Validation through Primary Techniques
2.5. Exploratory Data Analysis
2.6. Graphical Techniques/Analysis
2.7. Quantitative Techniques/Analysis
2.8. Visual Result/Presentation
3. Executive Summary
4. Market Insights
4.1. Supply Chain Analysis
4.2. Economic Factor Analysis
4.2.1. Drivers
4.2.2. Trends
4.2.3. Opportunities
4.2.4. Challenges
4.3. Technological Landscape
4.4. Competitors & Product Analysis
4.5. Regulatory Framework
4.6. Company market share analysis, 2019
4.7. Porter's Five forces analysis
4.8. New Investment Analysis
4.9. PESTEL Analysis
5. Global Military Aerial Refueling Tanker Market Overview
5.1. Market Size & Forecast, 2016-2027
5.1.1. Demand
5.1.1.1. By Value (USD Million)
5.2. Market Share & Forecast, 2016-2027
5.2.1. By Component
5.2.1.1. Refueling Pods
5.2.1.2. Refueling Probes
5.2.1.3. Drogues
5.2.1.4. Hoses
5.2.1.5. Boom
5.2.2. By Aerial Refueling Technologies
5.2.2.1. Probe and Drogue
5.2.2.2. Boom-and-receptacle
5.2.3. By Distribution Channel
5.2.3.1. OEM
5.2.3.2. Aftermarket
5.2.4. By Region
5.2.4.1. North America
5.2.4.2. Europe
5.2.4.3. Asia Pacific
5.2.4.4. South America
5.2.4.5. Middle East & Africa
6. North America Military Aerial Refueling Tanker Market Overview
6.1. North America Military Aerial Refueling Tanker Market Size & Forecast, 2016-2027
6.1.1. Demand
6.1.1.1. By Value (USD Million)
6.2. North America Military Aerial Refueling Tanker Market Share & Forecast, 2016-2027
6.2.1. By Component
6.2.1.1. Refueling Pods
6.2.1.2. Refueling Probes
6.2.1.3. Drogues
6.2.1.4. Hoses
6.2.1.5. Boom
6.2.2. By Aerial Refueling Technologies
6.2.2.1. Probe and Drogue
6.2.2.2. Boom-and-receptacle
6.2.3. By Distribution Channel
6.2.3.1. OEM
6.2.3.2. Aftermarket
6.2.4. By Country
6.2.4.1. US
6.2.4.2. Canada
6.2.4.3. Mexico
6.2.5. Price-Point Analysis
6.2.6. Manufacturer & Distributor List (Top 5)
6.2.7. Company Market Share (Top 3-5)
6.2.8. Economic Impact Study on North America Military Aerial Refueling Tanker Market
7. Europe Military Aerial Refueling Tanker Market Overview
7.1. Europe Military Aerial Refueling Tanker Market Size & Forecast, 2016-2027
7.1.1. Demand
7.1.1.1. By Value (USD Million)
7.2. Europe Military Aerial Refueling Tanker Market Share & Forecast, 2016-2027
7.2.1. By Component
7.2.1.1. Refueling Pods
7.2.1.2. Refueling Probes
7.2.1.3. Drogues
7.2.1.4. Hoses
7.2.1.5. Boom
7.2.2. By Aerial Refueling Technologies
7.2.2.1. Probe and Drogue
7.2.2.2. Boom-and-receptacle
7.2.3. By Distribution Channel
7.2.3.1. OEM
7.2.3.2. Aftermarket
7.2.4. By Country
7.2.4.1. Germany
7.2.4.2. UK
7.2.4.3. France
7.2.4.4. Italy
7.2.4.5. Rest of Europe
7.2.5. Price-Point Analysis
7.2.6. Manufacturer & Distributor List (Top 5)
7.2.7. Company Market Share (Top 3-5)
7.2.8. Economic Impact Study on Europe Military Aerial Refueling Tanker Market
8. Asia Pacific Military Aerial Refueling Tanker Market Overview
8.1. Asia Pacific Military Aerial Refueling Tanker Market Size & Forecast, 2016-2027
8.1.1. Demand
8.1.1.1. By Value (USD Million)
8.2. Asia Pacific Military Aerial Refueling Tanker Market Share & Forecast, 2016-2027
8.2.1. By Component
8.2.1.1. Refueling Pods
8.2.1.2. Refueling Probes
8.2.1.3. Drogues
8.2.1.4. Hoses
8.2.1.5. Boom
8.2.2. By Aerial Refueling Technologies
8.2.2.1. Probe and Drogue
8.2.2.2. Boom-and-receptacle
8.2.3. By Distribution Channel
8.2.3.1. OEM
8.2.3.2. Aftermarket
8.2.4. By Country
8.2.4.1. China
8.2.4.2. India
8.2.4.3. Japan
8.2.4.4. Australia
8.2.4.5. Rest of Asia Pacific
8.2.5. Price-Point Analysis
8.2.6. Manufacturer & Distributor List (Top 5)
8.2.7. Company Market Share (Top 3-5)
8.2.8. Economic Impact Study on Asia Pacific Military Aerial Refueling Tanker Market
9. South America Military Aerial Refueling Tanker Market Overview
9.1. South America Military Aerial Refueling Tanker Market Size & Forecast, 2016-2027
9.1.1. Demand
9.1.1.1. By Value (USD Million)
9.2. South America Military Aerial Refueling Tanker Market Share & Forecast, 2016-2027
9.2.1. By Component
9.2.1.1. Refueling Pods
9.2.1.2. Refueling Probes
9.2.1.3. Drogues
9.2.1.4. Hoses
9.2.1.5. Boom
9.2.2. By Aerial Refueling Technologies
9.2.2.1. Probe and Drogue
9.2.2.2. Boom-and-receptacle
9.2.3. By Distribution Channel
9.2.3.1. OEM
9.2.3.2. Aftermarket
9.2.4. By Country
9.2.4.1. Brazil
9.2.4.2. Argentina
9.2.4.3. Rest of South America
9.2.5. Price-Point Analysis
9.2.6. Manufacturer & Distributor List (Top 5)
9.2.7. Company Market Share (Top 3-5)
9.2.8. Economic Impact Study on South America Military Aerial Refueling Tanker Market
10. Middle East & Africa Military Aerial Refueling Tanker Market Overview
10.1. Middle East & Africa Military Aerial Refueling Tanker Market Size & Forecast, 2016-2027
10.1.1. Demand
10.1.1.1. By Value (USD Million)
10.2. Middle East & Africa Military Aerial Refueling Tanker Market Share & Forecast, 2016-2027
10.2.1. By Component
10.2.1.1. Refueling Pods
10.2.1.2. Refueling Probes
10.2.1.3. Drogues
10.2.1.4. Hoses
10.2.1.5. Boom
10.2.2. By Aerial Refueling Technologies
10.2.2.1. Probe and Drogue
10.2.2.2. Boom-and-receptacle
10.2.3. By Distribution Channel
10.2.3.1. OEM
10.2.3.2. Aftermarket
10.2.4. By Country
10.2.4.1. Saudi Arabia
10.2.4.2. UAE
10.2.4.3. South Africa
10.2.4.4. Rest of Middle East & Africa
10.2.5. Price-Point Analysis
10.2.6. Manufacturer & Distributor List (Top 5)
10.2.7. Company Market Share (Top 3-5)
10.2.8. Economic Impact Study on Middle East & Africa Military Aerial Refueling Tanker Market
11. Competitor Analysis
11.1. Company Description
11.2. Financial Analysis
11.3. Key Products
11.4. Key Management Personnel
11.5. Contact Address
11.6. SWOT Analysis
11.7. Company Profile
11.7.1. Airbus SE
11.7.2. Cobham Plc
11.7.3. Eaton Corporation Plc
11.7.4. Embraer SA
11.7.5. General Electric Co.
11.7.6. Israel Aerospace Industries Ltd.
11.7.7. Liebherr-International Deutschland GmbH
11.7.8. Lockheed Martin Corp.
11.7.9. Rostec State Corp
11.7.10. The Boeing Co
11.7.11. Other Prominent Players