Tanker Aircraft Market Scope
Tanker Aircraft are used for aerial refueling, the process of transferring aviation fuel from one military aircraft to another during flight. Tanker aircraft offer multi-role capabilities such as passenger configuration, cargo configuration, and aeromedical configuration.
The global market of tanker aircraft is highly consolidated with very few players in the market. The introduction of new aircraft models, as well as current investments in the development of unmanned air-to-air refueling technologies, are anticipated to help the companies increase their share in the market.
Boeing (United States), Airbus SE (France), Israel Aerospace Industries (Israel), BAE Systems PLC (United Kingdom), Lockheed Martin Corporation (United States), United Aircraft Corporation (Russia), Northrop Grumman Corporation (United States) and Xi'an Aircraft Industrial Corporation (China) are some of the key players that are part of study coverage.
Segmentation Overview
The study have segmented the market of Global Tanker Aircraft market by Type (Manned and Unmanned), by Application (Refueling, Transport (Passenger, Cargo) and Deployment (Fighter Aircraft, Freight)) and Region with country level break-up.
On the basis of geography, the market of Tanker Aircraft has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Market Growth Drivers:
Increase in Military Expenditure of Developing Economies and Increasing Need for Air-to-Air Refueling to Support Overseas Deployments
Challenges:
High Installation and Set-up Cost
Restraints:
Stringent International Rules and Regulations by Different Organization
Opportunities:
Investment in the Development of Unmanned Tanker Aircraft and Autonomous Refueling
Market Leaders and their Expansionary Development Strategies
In 2020, Airbus joined with the Republic of Singapore Air Force (RSAF) to develop the A330 SMART MRTT, providing the company’s A330-derived Multi-Role Tanker Transport with such capabilities as automatic Air-to-Air refueling and enhanced maintenance. and In December 2018, Airbus partnered with Lockheed Martin to provide aerial refueling services to tanker aircraft, which refuel aircraft during movements or missions.
In 2020, Wildland fire authorities in Australia ordered at least six large air tankers working on exclusive use arrangements during the fire season. Five will be under contract and one, a B737, is owned by the New South Wales government. The list includes B737, Q400, RJ 85, and C-130. and In 2020, Boeing has delivered its 34th KC-46 Pegasus tanker to the U.S. Air Force, the first to be stationed at Seymour Johnson Air Force Base, North Carolina. The KC-46A Pegasus is a widebody, multirole tanker that can refuel all U.S., allied, and coalition military aircraft compatible with international aerial refueling procedures.
Key Target Audience
Tanker Aircraft Manufacturers, Component & Parts Suppliers, Aircraft Manufacturers, Potential Investors, Governments, Exporters/Importers, End-Use Industry and Others
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.