Aerial Refueling Systems Market share research by applications and regions for 2017-2024 - PowerPoint PPT Presentation

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Aerial Refueling Systems Market share research by applications and regions for 2017-2024

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Title: Aerial Refueling Systems Market share research by applications and regions for 2017-2024


1
Aerial Refueling Systems Market Price, Trends,
Industry Outlook Forecast 2017-2024
2
Key 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.

3
Continued...
  • 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
5
Major 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

6
Regional 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
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