Industry Background:
The purpose of air to air refueling is to extend the natural range of an aircraft. In its place of wasting time by landing to refuel on the ground, a military pilot can arrange to rendezvous with a tanker plane along the way. The receiver aircraft, the one that needs gas, approaches the tanker from behind and, once it’s within 100 feet or so, slows down so that both planes are flying at the identical speed (for fighter planes, that’s typically around 300 knots; for larger planes, it’s slower). At that point, there are two main refueling techniques like flying boom or probe and drogue.This growth is primarily driven by Increasing Need for Air-To-Air Refueling to Support Overseas Deployments and Growing Procurement of Combat Aircraft.
Globally, a noticeable market trend is evident Expansion of Next-Generation Aerial Tankers. Major Manufacturers, such as Cobham plc (United Kingdom), Eaton Corporation Inc. (Ireland), GE Aviation (United States), Parker Hannifin Corporation (United States), Safran S.A (France), Airbus SE (Netherlands), BAE Systems plc (United Kingdom), Draken International, Inc. (United States), Israel Aerospace Industries (Israel) and Lockheed Martin Corporation (United States) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Key Developments in the Market:
On June 20, 2019 - Korea Aerospace Industries (KAI) and Safran signed a strategic Memorandum of Understanding today at Paris Airshow to expand collaboration between the two companies.
Market Drivers
- Increasing Need for Air-To-Air Refueling to Support Overseas Deployments
- Growing Procurement of Combat Aircraft
Market Trend
- Expansion of Next-Generation Aerial Tankers
Restraints
- Managing Climate Conditions
Opportunities
Increasing Defense Expenditure of Developing Countries
Challenges
High Installation Cost
AMA Research follow a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcase the spontaneously changing Manufacturers landscape impacting the growth of the market. Furthermore, our market researchers extensively analyse the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts, but also include significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Air to Air Refueling Study Sheds Light on
The Air to Air Refueling Market status quo and key characteristics. To end this, Analyst at AMA organize and took survey of the Air to Air Refueling industry Manufacturers. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Air to Air Refueling industry is heading and what are the top priorities. Insights are drawn from financial analysis, the survey and interviews with key executives and industry experts.
How every company in this diverse set of Manufacturers can best navigate the emerging competition landscape and follow a strategy that helps them position to hold value they currently claim, or capture the new addressable opportunity.