The global Air-to-Air Refueling (AAR) services market size reached USD 6.16 Billion in 2020 and is expected to register a revenue CAGR of 9.1% during the forecast period, according to latest analysis by Emergen Research. Rising need for aerial refueling to support overseas deployments which enables fighter jets and other aircraft to cover longer distances is a key factor expected to drive demand for aerial refueling services. Increased procurement of advanced fighter planes with newer more advanced technologies including better sensors that enable more efficient and accurate mid-air refueling has been resulting in increased demand to accomplish better surveillance and covering of a larger area. This is expected to support market revenue growth to a significant extent over the forecast period. Aerial refueling, also known as air refueling, In-Flight Refueling (IFR), Air-to-Air Refueling (AAR), enable pilots to fly longer distances without landing and refueling mid-air can extend the combat radius of pilots on more complex missions. Additionally, the advent of autonomous refueling systems is expected to drive further advancement in technologies and techniques to enhance docking capabilities and reduce dependency on skilled pilots as well as automate the process of refueling. These are some key factors expected to drive revenue growth of the market during the forecast period.
The new report titled ‘Global Air-to-Air Refueling Market’, published by Emergen Research, is methodically curated by our team of analysts, keeping readers’ understanding in mind, and includes a wide-ranging database of industry distribution. The report carefully investigates the present market scenario and the fundamental growth prospects. The report entails an organized database of the Air-to-Air Refueling market dynamics that helps market analysts estimate the global Air-to-Air Refueling market growth rate over the projected timeline. Therefore, the report, published by Emergen Research, is a detail-oriented compilation of the crucial aspects of the Air-to-Air Refueling market, including the key players’ product offerings, the wide application range of these products, the major market segments, leading market contenders, their company profiles, pricing strategies, production capacities, revenue generation schemes, technological advancements, and many others.
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Market Dynamics:
The report offers insightful information about the market dynamics of the Air-to-Air Refueling market. It offers SWOT analysis, PESTEL analysis, and Porter’s Five Forces analysis to present a better understanding of the Air-to-Air Refueling market, competitive landscape, factors affecting it, and to predict the growth of the industry. It also offers the impact of various market factors along with the effects of the regulatory framework on the growth of the Air-to-Air Refueling market.
Top key companies:
The Boeing Company, Airbus SAS, Cobham Ltd., Lockheed Martin Corporation, Omega Air Refueling Services Inc., Eaton Corporation plc, Marshall Aerospace and Defense Group, GE Aviation, Safran S.A., and Draken International, LLC
Competitive Landscape:
The latest study provides an insightful analysis of the broad competitive landscape of the global Agriculture technology as a service market, emphasizing the key market rivals and their company profiles. A wide array of strategic initiatives, such as new business deals, mergers acquisitions, collaborations, joint ventures, technological upgradation, and recent product launches, undertaken by these companies has been discussed in the report. The report analyzes various elements of the market’s competitive scenario, such as the regulatory standards and policies implemented across the industry over recent years.
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Segmentation:
Type Outlook (Revenue, USD Billion; 2018–2028)
- Manned
- Unmanned
System Outlook (Revenue, USD Billion; 2018–2028)
- Probe and Drogue
- Boom Refueling
- Autonomous
Aircraft Outlook (Revenue, USD Billion; 2018–2028)
- Fixed Wing
- Fighter Aircraft
- Tanker Aircraft
- Military Transport
- Attack Helicopters
- Transport Helicopters
In market segmentation by geographical regions, the report has analysed the following regions-
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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What Questions Should You Ask before Buying a Market Research Report?
- Will leading Air-to-Air Refueling markets broadly follow the macroeconomic dynamics, or will individual national markets outperform others?
- How will the market shares of the national markets change by 2030 and which geographical region will lead the market in 2030?
- Who are the leading players and what are their prospects over the forecast period?
- What are the Air-to-Air Refueling projects for these leading companies?
- How will the industry evolve during the period between 2020 and 2030? What are the implications of Air-to-Air Refueling projects taking place now and over the next 10 years?
- Is there a greater need for product commercialisation to further scale the Air-to-Air Refueling market?
- Where is the Air-to-Air Refueling market heading and how can you ensure you are at the forefront of the market?
- What are the best investment options for new product and service lines?
- What are the key prospects for moving companies into a new growth path and C-suite?
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