Press release
What's driving the Aircraft Refueling Hose Market Growth? Cobham PLC, Coxreels, Delafield Corporation, Eaton, Elaflex, FTi, Husky Corporation, IVG Colbachini S.p.A., JGB Enterprise, Inc., Parker Hannifin, Pear Hose Corp.
Aircraft Refueling Hose Market
Fueled by the surge in aircraft production, military jets, helicopters and fuel tankers, the global aircraft refueling hose market has attained substantial momentum in recent years. The product, constructed with highest precision and quality whilst keeping in mind the critical nature of its application, can have a direct impact on fuel quantity and operational safety. Moreover, its ability to easily conduct refueling operations on both land and in air has considerably enhanced the product's significance in the past decades during which industry contenders have retained focus on the technological advancement of the system.
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Escalating air passenger traffic owing to expanding tourism industry and affordable air tariff will indirectly foster the usage of refuellers in commercial air carriers, boosting aircraft refueling hose market share. According to the International Civil Aviation Organization (ICAO), in 2018, a total of 4.3 billion passengers were reported to travel via air transport on scheduled services while over half of the world's 1.4 billion tourists were recorded to travel by air across overseas borders in 2017. Irrefutably, the upsurge in air travel will impel the growth map of aircraft refueling hose industry in the years to come.
Aircraft refueling hose market will also receive commendable traction owing to increased installation of OEM refuellers in commercial and defense aircrafts. Reportedly, industry players in the sector are constantly developing lightweight fueling hoses to offer easy handling capabilities for reel services whilst meeting stringent regulations.
Regionally speaking, the North America aircraft refueling hose market is estimated to register massive gains over the coming years. Indeed, the region's proliferating defense budget along with the rising number of air passengers are some of the key factors supporting industry growth. For instance, according to the U.S. Department of Transportation's BTS (Bureau of Transportation Statistics) report, the region's airlines, along with foreign airlines serving the country carried an all-time high of 965 million systemwide (both domestic and international) service passengers in 2017.
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Some Point from Table of Contents:
Chapter 4 Aircraft Refueling Hose industry, By Application
4.1 Aircraft refueling hose industry share by application, 2018 & 2025
4.2 Military Aircraft
4.2.1 Aircraft refueling hose market estimates and forecast from military aircraft, 2013 - 2025, (Thousand Units) (USD Million)
4.2.2 Aircraft refueling hose industry estimates & forecast from military aircraft, by region, 2013-2025 (Thousand Units) (USD Million)
4.3 Helicopter
4.3.1 Aircraft refueling hose industry estimates and forecast from helicopter, 2013 - 2025, (Thousand Units) (USD Million)
4.3.2 Aircraft refueling hose industry estimates & forecast from helicopter, by region, 2013-2025 (Thousand Units) (USD Million)
4.4 Commercial Aircraft
4.4.1 Aircraft refueling hose industry estimates and forecast from commercial aircraft, 2013 - 2025, (Thousand Units) (USD Million)
4.4.2 Aircraft refueling hose industry estimates & forecast from commercial aircraft, by region, 2013-2025 (Thousand Units) (USD Million)
4.5 UAV
4.5.1 Aircraft refueling hose industry estimates and forecast from UAV, 2013 - 2025, (Thousand Units) (USD Million)
4.5.2 Aircraft refueling hose market estimates & forecast from UAV, by region, 2013-2025 (Thousand Units) (USD Million)
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