Aerial Refueling Systems Market Size

Aerial Refueling Systems Market Size

Aerial Refueling Systems Market size valued at USD 4.3 million in 2019 and is expected to grow at over 4% CAGR from 2020 to 2026.

Increasing tanker aircraft demand with rising defense budget across developed and emerging economies will boost the market revenue. Growing frequency of sorties away from ground bases has made refueling an essential mission component. The AAR supports overseas deployment in a short notice. Rising adoption of effective methods for increasing endurance and range of aircrafts will propel the aerial refueling systems market growth.

To get key market trends

  Download Free Sample

The aerial refueling tankers are undergoing transformation to enhance airspeed, altitude, and range. The industry players are working to increase suitability for severe environments, lower lifecycle costs, autonomous operation, and roll on & roll off capability.

Inflight refueling is a complex undertaking owing to aircraft speed and proximity. Tanker advancement to reduce associated risks, operator workload and minimizing contact time will enhance product penetration. AAR systems are adopting ISR (Intelligence, Surveillance and Reconnaissance) capabilities to track receiver and widen operating envelop. In addition, development of airborne tankers with higher lifting capability will influence the market growth.