Military Aerial Refueling Tanker Market Introduction and Overview
According to SPER Market Research, the Global Military Aerial Refueling Tanker Market is estimated to reach USD XX billion by 2033 with a CAGR of 8.9%.
The report includes an in-depth analysis of the Global Military Aerial Refueling Tanker Market, including market size and trends, product mix, distribution channels, and supplier analysis. An aircraft that is specifically built and outfitted for the task of refuelling other military aircraft while they are in flight is known as a military aerial refuelling tanker. These tankers can transfer fuel to receiving aircraft while they are in the air, thereby increasing their range and endurance. Specialised refuelling systems, including as fuel transfer booms, drogue systems, or probe and drogue systems, are fitted to tanker aircraft to enable safe and effective refuelling operations. Military aerial refuelling tankers are vital to increasing the operating range, adaptability, and endurance of military aircraft so they can carry out long-range missions, make strategic deployments, and assist international military operations.
- Joint development and acquisition approach: The market growth of military aerial refueling tankers is being driven by the joint development and acquisition approach. However, the emergence of unmanned jet tankers is a factor that may hinder market growth.
- Increasing financial support for a multi-layered air defence system: The primary trend in the market is the increasing investments in the development and implementation of multi-layered air defense networks.
Market Opportunities and Challenges
- Opportunities:
- Rising Defence Budgets: Opportunities for investment in military aerial refuelling tankers are presented by rising defence budgets in a number of nations across the world. Defence modernization initiatives and the need to improve operational capabilities foster market growth.
- Geopolitical Tensions and Conflicts: Heightened geopolitical tensions and ongoing hostilities in several locations feed demand for military aircraft, which in turn fuels demand for aerial refuelling tankers. During missions and operations, these tankers are essential in increasing the range and endurance of military aircraft.
- Challenges:
- High expenses for development and acquisition: There are high costs associated with developing and acquiring military aerial refuelling tankers, including those for manufacture, research and development, and maintenance. High prices might be problematic for nations with constrained defence budgets or for those that prioritise other defence needs.
- Prerequisites for advanced technology: Complex technological requirements are needed for military aerial refuelling tankers in order to conduct refuelling operations safely and effectively. It can be difficult for manufacturers to meet strict technical requirements and regulatory norms, which increases development time and expenses.
Market Competitive Landscape
To strengthen their market presence, vendors in the military aerial refueling tanker market are employing diverse strategies. These include forming strategic alliances, establishing partnerships, engaging in mergers and acquisitions, expanding geographically, and introducing new products or services. These strategies are aimed at enhancing market reach, expanding customer base, leveraging complementary capabilities, accessing new markets, and capitalizing on emerging opportunities. By implementing these strategies, vendors seek to bolster their competitive position and meet the evolving needs of defense forces around the world. The key players in the Global Military Aerial Refueling Tanker market include Airbus SE, Cobham Plc, Eaton Corporation Plc, Embraer SA, General Electric Co., Israel Aerospace Industries Ltd., Liebherr-International Deutschland GmbH, Lockheed Martin Corp., Rostec State Corp, The Boeing Co, Others.
Scope of the Report:
Report Metric | Details |
Market size available for years | 2019-2033 |
Base year considered | 2022 |
Forecast period | 2023-2033 |
Segments covered | By Type, By Component, By Aerial Refueling Technologies, By Distribution Channel
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Regions covered | Asia Pacific, Europe, Middle East and Africa, North America, Latin America
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Companies Covered | Airbus SE, Cobham Plc, Eaton Corporation Plc, Embraer SA, General Electric Co., Israel Aerospace Industries Ltd., Liebherr-International Deutschland GmbH, Lockheed Martin Corp., Rostec State Corp, The Boeing Co, Others
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COVID-19 Impact on Global Military Aerial Refueling Tanker Market
The COVID-19 epidemic has had an effect on the global market for military aerial refuelling tankers. The outbreak has affected the acquisition and production of military aerial refuelling tankers by causing interruptions in defence budgets, supply chains, and industrial processes. Travel limitations brought on by the epidemic have also restricted international partnerships and joint exercises that call for the ability to refuel by air. The market has also been impacted by changes in defence objectives and financial reallocations to address pandemic-related concerns. Although a gradual rebound is projected as defence spending stabilises and global geopolitical dynamics return to normal, the market's long-term impact is anticipated to be rather mild.
Key Target Audience
- Air Force and Navy Officials
- Defense Industry and Manufacturers
- Defense Procurement Agencies
- International Defense Allies
- Maintenance and Support Personnel
- Military Forces
- Others
Our in-depth analysis of the Military Aerial Refueling Tanker Market includes the following segments:
By Type:
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Manned
Unmanned
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By Component:
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Boom
Drogues
Hoses
Refueling Probes
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By Aerial Refueling Technologies:
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Boom-and-receptacle
Probe and Drogue
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By Distribution Channel:
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Aftermarket
OEM
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Key Topics Covered in the Report
- Global Military Aerial Refueling Tanker Market Size (FY’2023-FY’2033)
- Overview of Global Military Aerial Refueling Tanker Market
- Segmentation of Global Military Aerial Refueling Tanker Market By Type (Manned, Unmanned)
- Segmentation of Global Military Aerial Refueling Tanker Market By Component (Boom, Drogues, Hoses, Refueling Probes)
- Segmentation of Global Military Aerial Refueling Tanker Market By Aerial Refueling Technologies (Boom-and-receptacle, Probe and Drogue)
- Segmentation of Global Military Aerial Refueling Tanker Market By Distribution Channel (Aftermarket, OEM)
- Statistical Snap of Global Military Aerial Refueling Tanker Market
- Expansion Analysis of Global Military Aerial Refueling Tanker Market
- Problems and Obstacles in Global Military Aerial Refueling Tanker Market
- Competitive Landscape in the Global Military Aerial Refueling Tanker Market
- Impact of COVID-19 and Demonetization on Global Military Aerial Refueling Tanker Market
- Details on Current Investment in Global Military Aerial Refueling Tanker Market
- Competitive Analysis of Global Military Aerial Refueling Tanker Market
- Key Prominent Players in the Global Military Aerial Refueling Tanker Market
- SWOT Analysis of Global Military Aerial Refueling Tanker Market
- Global Military Aerial Refueling Tanker Market Future Outlook and Projections (FY’2023-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data
2.1.2. Primary Data
2.1.3. SPER’s internal database
2.1.4. Premium insight from KOL’s
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges
4.2. COVID-19 Impacts of the Global Military Aerial Refueling Tanker Market
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths
5.1.2. Weaknesses
5.1.3. Opportunities
5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape
5.2.2. Economic Landscape
5.2.3. Social Landscape
5.2.4. Technological Landscape
5.2.5. Environmental Landscape
5.2.6. Legal Landscape
5.3. PORTER’s Five Forces
5.3.1. Bargaining power of suppliers
5.3.2. Bargaining power of buyers
5.3.3. Threat of Substitute
5.3.4. Threat of new entrant
5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Global Military Aerial Refueling Tanker Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Military Aerial Refueling Tanker Market
7. Global Military Aerial Refueling Tanker Market, By Type (USD Million)
7.1. Global Military Aerial Refueling Tanker Market Value Share and Forecast, By Type, 2023-2033
7.2. Manned
7.3. Unmanned
8. Global Military Aerial Refueling Tanker Market, By Component (USD Million)
8.1. Global Military Aerial Refueling Tanker Market Value Share and Forecast, By Component, 2023-2033
8.2. Boom
8.3. Drogues
8.4. Hoses
8.5. Refueling Probes
9. Global Military Aerial Refueling Tanker Market, By Aerial Refueling Technologies (USD Million)
9.1. Global Military Aerial Refueling Tanker Market Value Share and Forecast, By Aerial Refueling Technologies, 2023-2033
9.2. Boom-and-receptacle
9.3. Probe and Drogue
10. Global Military Aerial Refueling Tanker Market, By Distribution Channel (USD Million)
10.1. Global Military Aerial Refueling Tanker Market Value Share and Forecast, By Distribution Channel, 2023-2033
10.2. Aftermarket
10.3. OEM
11. Global Military Aerial Refueling Tanker Market Forecast, 2019-2033 (USD Million)
11.1. Global Military Aerial Refueling Tanker Market Size and Market Share
12. Global Military Aerial Refueling Tanker Market, By Type, 2019-2033 (USD Million)
12.1. Global Military Aerial Refueling Tanker Market Size and Market Share By Type (2019-2026)
12.2. Global Military Aerial Refueling Tanker Market Size and Market Share By Type (2027-2033)
13. Global Military Aerial Refueling Tanker Market, By Component, 2019-2033 (USD Million)
13.1. Global Military Aerial Refueling Tanker Market Size and Market Share By Component (2019-2026)
13.2. Global Military Aerial Refueling Tanker Market Size and Market Share By Component (2027-2033)
14. Global Military Aerial Refueling Tanker Market, By Aerial Refueling Technologies, 2019-2033 (USD Million)
14.1. Global Military Aerial Refueling Tanker Market Size and Market Share By Aerial Refueling Technologies (2019-2026)
14.2. Global Military Aerial Refueling Tanker Market Size and Market Share By Aerial Refueling Technologies (2027-2033)
15. Global Military Aerial Refueling Tanker Market, By Distribution Channel, 2019-2033 (USD Million)
15.1. Global Military Aerial Refueling Tanker Market Size and Market Share By Distribution Channel (2019-2026)
15.2. Global Military Aerial Refueling Tanker Market Size and Market Share By Distribution Channel (2027-2033)
16. Global Military Aerial Refueling Tanker Market, By Region, 2019-2033 (USD Million)
16.1. Global Military Aerial Refueling Tanker Market Size and Market Share By Region (2019-2026)
16.2. Global Military Aerial Refueling Tanker Market Size and Market Share By Region (2027-2033)
16.3. Asia-Pacific
16.3.1. Australia
16.3.2. China
16.3.3. India
16.3.4. Japan
16.3.5. South Korea
16.3.6. Rest of Asia-Pacific
16.4. Europe
16.4.1. France
16.4.2. Germany
16.4.3. Italy
16.4.4. Spain
16.4.5. United Kingdom
16.4.6. Rest of Europe
16.5. Middle East and Africa
16.5.1. Kingdom of Saudi Arabia
16.5.2. United Arab Emirates
16.5.3. Rest of Middle East & Africa
16.6. North America
16.6.1. Canada
16.6.2. Mexico
16.6.3. United States
16.7. Latin America
16.7.1. Argentina
16.7.2. Brazil
16.7.3. Rest of Latin America
17. Company Profile
17.1. Airbus SE
17.1.1. Company details
17.1.2. Financial outlook
17.1.3. Product summary
17.1.4. Recent developments
17.2. Cobham Plc
17.2.1. Company details
17.2.2. Financial outlook
17.2.3. Product summary
17.2.4. Recent developments
17.3. Eaton Corporation Plc
17.3.1. Company details
17.3.2. Financial outlook
17.3.3. Product summary
17.3.4. Recent developments
17.4. Embraer SA
17.4.1. Company details
17.4.2. Financial outlook
17.4.3. Product summary
17.4.4. Recent developments
17.5. General Electric Co.
17.5.1. Company details
17.5.2. Financial outlook
17.5.3. Product summary
17.5.4. Recent developments
17.6. Israel Aerospace Industries Ltd.
17.6.1. Company details
17.6.2. Financial outlook
17.6.3. Product summary
17.6.4. Recent developments
17.7. Liebherr-International Deutschland GmbH
17.7.1. Company details
17.7.2. Financial outlook
17.7.3. Product summary
17.7.4. Recent developments
17.8. Lockheed Martin Corp.
17.8.1. Company details
17.8.2. Financial outlook
17.8.3. Product summary
17.8.4. Recent developments
17.9. The Boeing Co
17.9.1. Company details
17.9.2. Financial outlook
17.9.3. Product summary
17.9.4. Recent developments
17.10. Others
18. List of Abbreviations
19. Reference Links
20. Conclusion
21. Research Scope