What's Driving the Aerial Refueling System Market trends? Boeing, Lockheed Martin, Cobham, Zodiac Aerospace, GE Aviation, Dassault Aviation

Aerial refueling system market will find its largest consumer in the military sector. Extending the strike range of combat aircrafts is the chief reason for the Air Force to use aerial refueling systems. Long range strike weapons used by adversaries can make it difficult for the Air Force to base and launch fighter jets within proximal striking distance. This factor has found increased relevance in places like the Pacific, a region that has become infamous for its geographical expanse and can cause much hindrance to a tactical attack.

The drive to achieve greater mission range has been acting as one of the major encouraging factors for aerial refueling system market in recent years. The U.S. military in particular, has been looking forward to the inclusion of tankers like KC-46A to their ranks of refueling tankers as this would mean the extension of strike range for fighter jets like F-15, F-22 and F-35. The growth of the aerial refueling system industry is thus of great tactical significance in the modern threat environment on account of which most nations are increasing their defense budgets.

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The latest trends in aerial refueling system industry are remnant of programs such as Carrier-Based Aerial-Refueling System (CBARS). Significant competitors like Boeing, General Atomics, and Lockheed Martin have released designs for their drones for this program, which could carry out unmanned aerial refueling. With advancements brought about by technology and aircraft industry leaders, the aerial refueling system market is expected to witness considerable growth over 2017-2024.

North America is anticipated to emerge as a key growth ground for the global aerial refueling systems industry. The continent houses the United States of America, a nation that has been involved in many airborne wars in the last two decades. One instance when US successfully used aerial refueling was during its operations against the Taliban and Al Qaeda in Operation Enduring Freedom. The U.S. Air Force launched their combat aircrafts from bases in Kuwait, British Indian Ocean and Arabian Gulf off the coast of Pakistan which meant that aircrafts had to fly hundreds to thousands of miles before they reached their targets in Afghanistan.

Apparently, this had made them realize the significant importance of the evolving air borne warfare in the modern scenario and the criticality of aerial refueling. Many like the China's People Liberation Army decided that they have to become capable in engaging in high-tech warfare to keep pace with modern militaries. It would therefore be appropriate to state that aerial refueling system market has received a considerable boost from demand in the Asia Pacific region as well, especially in countries like China, Japan and Australia that are ready to embolden their air power projection with aerial refueling systems.

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Some Point from Table of Contents:

Chapter 5 Aerial Refueling System Market, By Component
5.1 Aerial refueling system market share by component, 2016 & 2024
5.2 Refueling pods
5.2.1 Market estimates and forecast, 2013 - 2024, (USD Thousand)
5.2.2 Market estimates and forecast, by region, 2013 - 2024, (USD Thousand)
5.3 Refueling probes
5.3.1 Market estimates and forecast, 2013 - 2024, (USD Thousand)
5.3.2 Market estimates and forecast, by region, 2013 - 2024, (USD Thousand)
5.4 Drogues
5.4.1 Market estimates and forecast, 2013 - 2024, (USD Thousand)
5.4.2 Market estimates and forecast, by region, 2013 - 2024, (USD Thousand)
5.5 Hoses
5.5.1 Market estimates and forecast, 2013 - 2024, (USD Thousand)
5.5.2 Market estimates and forecast, by region, 2013 - 2024, (USD Thousand)
5.6 Boom
5.6.1 Market estimates and forecast, 2013 - 2024, (USD Thousand)
5.6.2 Market estimates and forecast, by region, 2013 - 2024, (USD Thousand)

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