Advancements in Technologies and Increasing Investment to Provide Growth Opportunity to Aviation Refueling Hose Market

Market Overview:

The Global Aviation Refueling Hose Market is expected to grow at a CAGR of 4.2% from 1,996.2 million in 2021 to USD 3150.37 million by 2028.

To fuel and refuel commercial and private aircraft, an aviation refueling hose is used. It can handle jet fuel as well as higher-grade aromatic aviation gasoline. It can be used in gasoline cart hydrant service due to its high operating pressure.

These technologies' ability to refuel aircraft both on land and in the air while on a flight path, as well as a significant reduction in flight route downtime, bodes well for industry growth during the forecast period. The growing market size of the aircraft refueling hose market can be attributed to a few major breakthroughs in aircraft refueling hoses, such as upgraded materials and improved fire-resistant features.

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OEMs to Hold Largest Market Share Owing to Continued Demand of Aircrafts:
OEMs will see significant growth in the aircraft refueling hose market. This can be attributed to increased aircraft production and deliveries around the world. OEMs are constantly introducing lightweight and durable hoses with the goal of improving safety and complying with stringent regulatory standards. Furthermore, advancements in materials, as well as superior fire resistance capabilities, are just a few of the major advancements in aircraft refueling hoses that are contributing to the growing segment share.

Key Market Players:

Airbus S.A.S (Netherlands)
Cobham Mission Systems Wimborne Limited, (U.S.)
GE Aviation (U.S.)
Lockheed Martin Corporation. (U.S.)
Boeing (The U.S.)
Eaton Corporation plc (U.S.)
Safran (France)
IAI (Israel)
Marshall Aerospace & Defence Group (The UK)
Parker Hannifin (U.S.)

KEY INDUSTRY DEVELOPMENTS:
The Israeli ministerial committee approved the purchase of F-35 fighter jets with ammunition and KC refueling aircraft from the United States in February 2021. The agreement includes the purchase of four new refueling planes to expand the air force's fleet.

SEGMENTATION:
By Product Type
• Stainless Steel Hose
• Composite Hose
• Rubber Hose
By Sales Channel
• Original Equipment Manufacturer (OEM)
• Aftermarket
By Application
• Helicopters
• Military aircraft
• Unmanned Air Vehicle
• Commercial Aircraft
• Others

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Stringent Regulatory Norms in Aviation Industry To Drive Market Growth:
Growth in the tourism industry benefits demand for commercial aircrafts worldwide, which in turn increases demand for aircraft refueling hoses. Given the increasing prevalence of Helicopter In-Flight Refueling (HIFR) systems, the market for helicopters will grow significantly. The growing tourism industry contributes to the increased demand for helicopters. Furthermore, enhanced applications of helicopters in a variety of industries, such as mining, oil and gas, and installing refueling hoses for increased fuel flow assurance and reliability, will drive market growth.

Stringent regulatory standards require market participants to invest in hose technologies in order to introduce safe and compliant aircraft refueling hoses suitable for a wide range of operations in a variety of environments and climatic conditions. Organizations such as ICAO, for example, provide several safety and fire standards for refueling hoses, allowing market players to provide safe and superior hoses. This factor bodes well for the growth of the aircraft refueling hose market.

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Why Purchase the Report?
• The report includes information such as market dynamics scenario, opportunities and challenges during the forecast period
• Identify the key regulations prevailing in the market and understand their impact on the market over the forecast period
• Regional, sub-regional, and country-level data include the demand and supply forces along with their influence on the market.
• The competitive landscape comprises a share of key players, offering products, relevant financial information, recent developments, SWOT analysis, and strategies.
• Understand the current market scenario and viability of the global market over the forecast period.

Some of the key questions answered in this report:
• What can we estimate about the anticipated growth rates and also the global Aviation Refueling Hose industry size by 2028?
• What will happen in the coming existing and emerging markets?
• What will the market development pace of market?
• Which are the five top players in the Aviation Refueling Hose market?
• How will the Aviation Refueling Hose market change in the upcoming years?
• What are the key factors driving the Global market?
• Which product and application will take a share of the Aviation Refueling Hose market?
• What will be the CAGR and size of the Aviation Refueling Hose market throughout the forecast period?
• What are the market opportunities and challenges faced by the key vendors?
• Who are the major competitors and what is their strategy?

By Region:
North America- U.S., Mexico, Canada
Europe- UK, France, Germany, Italy, Spain, Rest of Europe
Asia-Pacific- China, Japan, India, South Korea, Rest of Asia Pacific
South America- Brazil, Argentina, Colombia, Rest of South America
The Middle East and Africa- GCC, South Africa, Rest of Middle East & Africa

Increased Defence Budget and Expenditure to Propel Growth Opportunities:
North America is the biggest market for aviation refueling hoses because of rising military expenditure and acquisition of modern aerial refueling systems for various military uses. Furthermore, prominent competitors such as GE Aviation, Eaton Corporation, Lockheed Martin, and others would fuel market growth in this region.

Since China, Japan, India, and Australia are increasing their military and defense investments, the Asia-Pacific region is the second-largest market for aviation refueling hoses. The regional market will expand due to an increase in the procurement of aerial refueling systems for strengthening the military fleet as a result of increased border crossing, insurgencies, and terrorism.

TABLE OF CONTENTS:
Chapter 1. Executive Summary
Chapter 2. Research Methodology
Chapter 3. Market Outlook
Chapter 4. COVID-19 Impact On Aviation Refueling Hose Market
Chapter 5. Global Aviation Refueling Hose Market Overview, By Product Type, 2015 - 2028(USD Million)
Chapter 6. Global Aviation Refueling Hose Market Overview, By Sales Channel, 2015 - 2028(USD Million)
Chapter 7. Global Aviation Refueling Hose Market Overview, By Application, 2015 - 2028(USD Million)
...TOC Continued

Browse Complete TOC: https://www.extrapolate.com/toc/aerospace-and-defence/aircraft-refuelling-hose/25647

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