Title: Aerial Refueling Systems Market share research by applications and regions for 2017-2024
1Aerial Refueling Systems Market Price, Trends,
Industry Outlook Forecast 2017-2024
2Key Insights from Aerial Refueling Systems Market
- Aerial Refueling Systems Market size is
anticipated to grow at a significant rate from
2017 to 2024. Rising demand for tanker aircrafts
due to high expenditure on defense, especially in
emerging economies will drive the industry over
the next eight years. Developed economies may
witness replacement of old fleet, accelerating
the production of these systems. - Aircraft refueling procedure totally depends on
the hose operator and receiver aircraft pilot and
is possible only in stable weather conditions.
Complicated procedure, especially in harsh
weather conditions may pose a threat to the
industry participants over the forecast
timeframe. - Manufacturers focus on conducting extensive RD
activities to overcome the challenge of refueling
procedure for rough conditions by designing a
smart drogue system. This system will be
connected to the existing hose and equipped with
sensors that will continuously monitor the basket
movement. This drogue acts as an active buffer
and results in its movement reduction
considerably.
3Continued...
- Navy corps and air force helicopters majorly use
drogue and hose refueling. Various industry
players are indulged in contracts and agreements
with air force to gain competitive edge and
enhance their visibility. For instance, in 2011,
U.S. air force signed a contract with Boeing for
acquisition of 179 KC-46A tankers for
recapitalizing their ageing fleet and to prepare
for the war fighter needs. - Aerial refueling systems market is segmented
based on aircraft into helicopters, combat
aircrafts, and UAVs. Combat aircraft is
anticipated to dominate the industry over the
forecast timeframe owing to its rising demand
from military defense. High fleet size requires
multiple refueling tankers, thereby supporting
the industry dominance.
4 Latest Research Report On Aerial Refueling
Systems Market _at_ https//www.gminsights.com/indu
stry-analysis/aerial-refueling-systems-market
Request for a table of content of this
research report _at_ https//www.gminsights.com/requ
est-toc/upcoming/2155
5Major Companies in Aerial Refueling Systems
Market
- Eaton Corporation
- Cobham Plc.
- GE Aviation systems
- Zodiac Aerospace
- Marshal Aerospace Defense Group
- Boeing Company
- Airbus
- Lockheed Martin Corporation
6Regional Insights in Aerial Refueling Systems
Market
- North America aerial refueling systems market is
anticipated to generate maximum revenue over the
forecast timespan owing to high defense
expenditure in developed countries such as U.S.
U.S. owns almost 80 of international tanker
aircrafts operating across the globe. Large
tanker aircraft fleet is another factor
positively impacting the regional growth.
Replacement of old fleet with advanced KC-46
tanker in future will further support the
regions dominance till 2024. - Asia Pacific will witness a significant growth
rate owing to rising investments in defense
sector by governments of various countries
including China, Japan, South Korea, and India.
For instance, in 2017, Chinas defense budget was
over USD 152 billion. Similarly, Indias defense
budget allotment for 2017 was approximately USD
55 billion. Good order size for tanker aircrafts
across the regional will contribute to the
industry growth till 2024.
7 Stay In Touch Website www.gminsights.com Soci
al Media