Aerial Refueling Market Scope and Analysis Report by 2030
Aerial Refueling Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2022 | US$ 640.75 Million |
Market Size by 2030 | US$ 960.94 Million |
Global CAGR (2022 - 2030) | 5.2% |
Historical Data | 2020-2022 |
Forecast period | 2022-2030 |
Segments Covered |
By Component
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
Key Player Analysis:
“The aerial refueling market analysis” is carried out by identifying and evaluating key players in the market across different regions. L3Harris Technologies Inc, Raytheon Technologies Corporation, Curtiss-Wright Corporation, Honeywell International Inc, General Electric Company, Safran SA, BAE Systems Plc, Moog Inc, Meggitt Plc, and Garmin Ltd are among the prominent players profiled in the aerial refueling marketreport. In addition, Cobham Plc, Safran, Eaton, GE Aviation, and Marshall Aerospace & Defense Group are considered among the top market players owing to the diversified product portfolio offered.
Recent Developments:
The aerial refueling market report includes company positioning and concentration to evaluate the performance of competitors/players in the market. Inorganic and organic strategies such as product launches, mergers, and acquisitions are highly adopted by companies in the aerial refueling market. A few of such instances are mentioned below:
- In February 2021, Eaton bought the aerial refueling system unit of Cobham Plc in the US in a deal worth US$ 2.8 billion.
- In November 2023, Eaton announced that it had successfully conducted the testing of its newly designed actively stabilized drogue prototype, mainly focused on autonomous aerial refueling for next-generation fighter jets.
Thus, such factors have been catalyzing the aerial refueling market growth from the suppliers' perspective.