Global Refueling Aircraft Market Estimated it to Swell up to US$12,868.7 mn by the end of 2025

An insightful study, titled “Refueling Aircraft Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 – 2025” has been freshly broadcasted to the vast research repository of Market Research Reports Search Engine (MRRSE). This 208 page research study provides detailed comprehensions and forecasts future growth of the global market with an in-depth study of the factors impacting revenue growth throughout the mentioned forecast period. Further, a deep analysis on the major players from diverse regions is also present in the report.

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The aviation industry is currently prospering across the world on the back of radically increasing traveling activities of urban populations, for both business and pleasure, and decreasing cost of air-travel. Consequently, various aspects of the broader aviation industry are gaining traction, including the market for refueling aircraft, which are adequate as a solution to incidences of oil spills due to faulty refueling equipment. In addition to that, fuel economy of aircrafts is invariably low, which makes a strong case for maintain a robust reservoir of fuel for the vendors operating in the aviation industry. According to this business and commerce study, the demand in the global refueling aircraft market will multiply at a notable CAGR of 4.8% during the forecast period of 2017 to 2025. The analysts of the report have evaluated that the opportunities in the refueling aircraft market, worldwide, will provided for a revenue of US$8,146.0 mn in 2015, and have estimated it to swell up to US$12,868.7 mn by the end of 2025.

Stringent international safety regulations that are implemented for the aviation industry, persistent need to achieve greater fuel efficiencies, recent advancements in the pertaining technologies that can ensure dependency, and increasing number of air travelers are some of the key factors augmenting the demand in the global refueling aircraft market.

This report segments the refueling aircraft market on the basis of component, refueling medium, and aircraft type. On the basis of component, the market is categorized into aviation refueller, dispenser, refueling pods, probe & drogue, and others. The aviation refueller segment is further divided into 7000-25,000 liter aviation refueller and 25,001-50,000 liter aviation refueller. The dispenser segment has been classified into three major types as hydrant dispenser, mini hydrant dispenser, and others. In 2016, the dispenser segment accounted for the maximum market share in terms of revenue by component, although the demand for the probe & drogue system segment is projected expand at a stronger CAGR during the forecast period. The refueling pods segment is expected to show significant growth during the forecast period due to the increasing adopting of aerial refueling within military sector. Moreover, other factors such as increasing air traffic globally and rising international aircraft fleet are expected to further fuel the demand for energy efficient aircraft refueling system.

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The report also highlights the competitive landscape of the global refueling aircraft market, thereby positioning all the major players according to their presence in different regions of the world and recent key developments initiated by them in the refueling aircraft market. The comprehensive refueling aircraft market estimates are the result of our in-depth secondary research, primary interviews, and in-house expert panel reviews. These market estimates have been analyzed by taking into account the impact of different political, social, economic, technological, and legal factors along with the current market dynamics affecting refueling aircraft market growth.

The global refueling aircraft market is dominated by players such Lockheed Martin, Eaton Corporation, Refuel International, Cobham Plc., General Electric Aviation systems, Fluid Transfer International, Garsite LLC, and Marshal Aerospace & Defense Group. These leading market players hold a comparatively large market share. Other significant players in the market include AFS Aviation Fuel Services GmbH, OMEGA Air Refueling, and Titan Aviation, among others.

Details such as financials, SWOT analysis, business strategies, recent developments, and other such strategic information pertaining to these players have been duly provided as part of company profiling.

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