Global Air Refueling Market Size, Trends & Growth Opportunity, By Component (Pumps, Valves, Nozzles, Hoses, Boom, Probes, Fuel tanks, Pods, and Others), By System (Probe & Drogue, Boom Refueling, and Autonomous), By Aircraft Type (Fixed Wing, and Rotary Wing), By Type, By End User, By Region and Forecast 2022-2027.
Global Air Refueling Market
Global Air Refueling Market was valued at USD 622.3 million in 2021 which expected to reach USD 996.45 million by 2027 at a CAGR 6.02% from 2022-2027.
Air refueling is the process of moving fuel from one military aircraft to another while the aircrafts are in flight. On lengthy flights, air refueling also lowers fuel use. The air refueling systems include boom refueling, probe and drogue, and autonomous, all of which offer quicker fuel transfer. For military aircraft, it is a crucial practice since the extra fuel might let the aircraft stay in the air for an extended period of time. The aircraft's operating range and capability can be greatly improved in this way.
Market Drivers
One major driver that is anticipated to fuel the expansion of the global air refueling market over the forecast period is the rise in the creation of modern, lightweight aircraft. Enhancing tanker aircraft to support different military planes like fighter jets, bombers, and unmanned systems is a priority for key operating parties. Additionally, it is anticipated that the presence of key manufacturers and the rise in military aircraft upgrades will speed up the growth of the global air refueling market.
Additionally, the rise in demand for autonomous refueling systems will favorably impact market expansion. Additionally, the rising purchase of sophisticated fighter jets combined with increased investment in military modernization programmed in various nations is anticipated to drive the expansion of the worldwide air refueling market during the course of the forecast period. For instance, according to data from the Center for Strategic and International Studies, China's defense expenditure increased significantly by about 6.6% in May 2020. (USD 178.2 Billion).
Market Restraints
A significant restraint that is anticipated to impede the expansion of the global air refueling market over the projected period is the high cost of installation and maintenance. All nations are unable to employ air refueling systems because of their high installation costs.
Market Segmentation
The Global Air Refueling Market is segmented into components such as Pumps, Valves, Nozzles, Hoses, Boom, Probes, Fuel tanks, Pods, and Others. On the basis of system, market is segmented into Probe & Drogue, Boom Refueling, and Autonomous. Based on the aircraft type, market is segmented into Fixed Wing, and Rotary Wing. On the basis of type, market is segmented into Manned, and Unmanned. Further, market is segmented into end user such as OEM, and Aftermarket. The aftermarket segment is estimated to lead the air refueling market over the forecast period. The aftermarket companies provide complete maintenance, repair, and overhaul services. Also, they provide repairing services for over-the-counter products in case hydraulic components such as couplings, pumps, and nozzles are damaged beyond repair.
Regional Analysis
The Global Air Refueling Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
Due to expanding R&D efforts, deployment, and the presence of key companies like GE Aviation, Eaton Corporation, and others, the North American region is one of the top markets for air refueling. These factors together have helped the market grow in the area. Additionally, APAC is anticipated to increase significantly during the projection period. because India, China, Japan, and Australia are investing more money in the military and defense industries.
Key Players
Some key operating players are listed in the report such as Eaton Corporation, GE Aviation, Airbus S.A.S., Parker Hannifin Corporation, Marshall Aerospace and Defense Group, Israel Aerospace Industries, Draken International, Cobham plc, Boeing, Safran, etc. Key players are focused on enhancing the capabilities of the cost-effective air refueling systems by enabling more aircraft refueling. 
Market Taxonomy
By Component
•        Pumps
•        Valves
•        Nozzles
•        Hoses
•        Boom
•        Probes
•        Fuel tanks
•        Pods
•        Others
By System
•        Probe & Drogue
•        Boom Refueling
•        Autonomous
By Aircraft Type
•        Fixed Wing
•        Rotary Wing
By Type
•        Manned
•        Unmanned
By End User
•        OEM
•        Aftermarket
By Region
•        North America
•        Latin America
•        Europe
•        Asia Pacific
•        Middle East & Africa

Global Air Refueling Market TOC:
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Air Refueling Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Air Refueling Market, By Component
5.1 Y-o-Y Growth Comparison, By Component 
5.2 Global Air Refueling Market Share Analysis, By Component 
5.3 Global Air Refueling Market Size and Forecast, By Component
5.3.1 Pumps
5.3.2 Valves
5.3.3. Nozzles
5.3.4. Hoses
5.3.5. Boom
5.3.6. Probes
5.3.7. Fuel tanks
5.3.8. Pods
5.3.9. Others
6 Global Air Refueling Market, By System
6.1 Y-o-Y Growth Comparison, By System
6.2 Global Air Refueling Market Share Analysis, By System
6.3 Global Air Refueling Market Size and Forecast, By System
6.3.1 Probe & Drogue
6.3.2 Boom Refueling
6.3.3. Autonomous
7 Global Air Refueling Market, By Aircraft Type
7.1 Y-o-Y Growth Comparison, By Aircraft Type
7.2 Global Air Refueling Market Share Analysis, By Aircraft Type
7.3 Global Air Refueling Market Size and Forecast, By Aircraft Type
7.3.1 Fixed Wing
7.3.2 Rotary Wing
8 Global Air Refueling Market, By Type
8.1 Y-o-Y Growth Comparison, By Type
8.2 Global Air Refueling Market Share Analysis, By Type
8.3 Global Air Refueling Market Size and Forecast, By Type
8.3.1 Manned
8.3.2 Unmanned
9 Global Air Refueling Market, By End User
9.1 Y-o-Y Growth Comparison, By End User
9.2 Global Air Refueling Market Share Analysis, By End User
9.3 Global Air Refueling Market Size and Forecast, By End User
9.3.1 OEM
9.3.2 Aftermarket
10Global Air Refueling Market, By Region
10.1 Global Air Refueling Market Share Analysis, By Region
10.2 Global Air Refueling Market Share Analysis, By Region
10.3 Global Air Refueling Market Size and Forecast, By Region
11 North America Air Refueling Analysis and Forecast (2022 – 2027)
11.1 Introduction
11.2 North America Air Refueling Product Market Share Analysis, By Component
11.3 North America Air Refueling Product Market Size and Forecast, By System
11.4 North America Air Refueling Product Market Size and Forecast, By Aircraft Type
11.5 North America Air Refueling Product Market Size and Forecast, By Type
11.6North America Air Refueling Product Market Size and Forecast, By End User
11.7 North America Air Refueling Product Market Size and Forecast, By Country
11.7.1 U.S.
11.7.2 Canada
11.7.3 Mexico
12Europe Air Refueling Market Analysis and Forecast (2022 – 2027)
12.1 Introduction
12.2 Europe Air Refueling Product Market Share Analysis, By Component 
12.3 Europe Air Refueling Product Market Size and Forecast, By System 
12.4 Europe Air Refueling Product Market Size and Forecast, By Aircraft Type
12.5 Europe Air Refueling Product Market Size and Forecast, By Type
12.6 Europe Air Refueling Product Market Size and Forecast, By End User
12.7 Europe Air Refueling Product Market Size and Forecast, By Country
12.7.1 Germany
12.7.2 France
12.7.3 UK
12.7.4. Rest of Europe
13Asia Pacific Air Refueling Market Analysis and Forecast (2022 – 2027)
13.1 Introduction
13.2 Asia Pacific Air Refueling Product Market Share Analysis, By Component 
13.3 Asia Pacific Air Refueling Product Market Size and Forecast, By System  
13.4 Asia Pacific Air Refueling Product Market Size and Forecast, By Aircraft Type
13.5 Asia Pacific Air Refueling Product Market Size and Forecast, By Type
13.6 Asia Pacific Air Refueling Product Market Size and Forecast, By End User
13.7 Asia Pacific Air Refueling Product Market Size and Forecast, By Country
13.7.1 China
13.7.2 Japan
13.7.3 India
13.7.4. Rest of Asia Pacific
14Latin America Air Refueling Market Analysis and Forecast (2022 – 2027)
14.1 Introduction
14.2 Latin America Air Refueling Product Market Share Analysis, By Component 
14.3 Latin America Air Refueling Product Market Size and Forecast, By System 
14.4 Latin America Air Refueling Product Market Size and Forecast, By Aircraft Type
14.5 Latin America Air Refueling Product Market Size and Forecast, By Type
14.6 Latin America Air Refueling Product Market Size and Forecast, By End User
14.7 Latin America Air Refueling Product Market Size and Forecast, By Country
15Middle East Air Refueling Market Analysis and Forecast (2022 – 2027)
15.1 Introduction
15.2 Middle East Air Refueling Product Market Share Analysis, By Component 
15.3 Middle East Air Refueling Product Market Size and Forecast, By System 
15.4 Middle East Air Refueling Product Market Size and Forecast, By Aircraft Type
15.5 Middle East Air Refueling Product Market Size and Forecast, By Type
15.6 Middle East Air Refueling Product Market Size and Forecast, By End User
15.7 Middle East Air Refueling Product Market Size and Forecast, By Country
16Competitive Analysis
16.1 Competition Dashboard
16.2 Market share Analysis of Top Vendors
16.3 Key Development Strategies
17Company Profiles
17.1 Eaton Corporation
17.1.1 Overview
17.1.2 Offerings
17.1.3 Key Financials
17.1.4 Business Segment & Geographic Overview
17.1.5 Key Market Developments
17.1.6 Key Strategies
17.2 GE Aviation
17.2.1 Overview
17.2.2 Offerings
17.2.3 Key Financials
17.2.4 Business Segment & Geographic Overview
17.2.5 Key Market Developments
17.2.6 Key Strategies
17.3 Airbus S.A.S
17.3.1 Overview
17.3.2 Offerings
17.3.3 Key Financials
17.3.4 Business Segment & Geographic Overview
17.3.5 Key Market Developments
17.3.6 Key Strategies
17.4 Parker Hannifin Corporation
17.4.1 Overview
17.4.2 Offerings
17.4.3 Key Financials
17.4.4 Business Segment & Geographic Overview
17.4.5 Key Market Developments
17.4.6 Key Strategies
17.5 Marshall Aerospace and Defence Group
17.5.1 Overview
17.5.2 Offerings
17.5.3 Key Financials
17.5.4 Business Segment & Geographic Overview
17.5.5 Key Market Developments
17.5.6 Key Strategies
17.6 Israel Aerospace Industries
17.6.1 Overview
17.6.2 Offerings
17.6.3 Key Financials
17.6.4 Business Segment & Geographic Overview
17.6.5 Key Market Developments
17.6.6 Key Strategies
17.7 Draken International
17.7.1 Overview
17.7.2 Offerings
17.7.3 Key Financials
17.7.4 Business Segment & Geographic Overview
17.7.5 Key Market Developments
17.7.6 Key Strategies        
17.8 Cobham plc
17.8.1 Overview
17.8.2 Offerings
17.8.3 Key Financials
17.8.4 Business Segment & Geographic Overview
17.8.5 Key Market Developments
17.8.6 Key Strategies        
17.9 Boeing
17.9.1 Overview
17.9.2 Offerings
17.9.3 Key Financials
17.9.4 Business Segment & Geographic Overview
17.9.5 Key Market Developments
17.9.6 Key Strategies        
17.10 Safran
17.10.1 Overview
17.10.2 Offerings
17.10.3 Key Financials
17.10.4 Business Segment & Geographic Overview
17.10.5 Key Market Developments
17.10.6 Key Strategies