The tanker aircraft market is valued at US$ 612 million in 2022 and is anticipated to increase at US$ 851 Million by 2027, with a growing CAGR of 11.2% in the next six years.
Air-to-air refueling is a technique for moving fuel from one plane to another while in the air. The tanker is the aircraft that transfers gasoline, while the receiver is the aircraft that receives it. Military troops are the ones that use this method the most. The tanker aircraft maintains a level flight path and extends the drogue/hose. This hose is permitted to lag trailing or below the tanker due to typical aerodynamic forces. The launch of manned aircraft & unmanned aircraft with various re-fuelling methods has boosted the industry. Probe-and-drogue refueling and boom refueling are the two major types of air-to-air refueling systems.
Combat & non-combat aircraft platforms make up a military aircraft. Combat aircraft are often created and bought only by military forces and are meant to eliminate the adversary using their own weaponry through assault and reconnaissance and surveillance. The transport and training aircraft are non-combat aircraft. The military, border patrol, law enforcement, paramilitary organizations, and other special security units all employ these aircraft. Refueling hose, a hose-end connection, and a drogue make up the probe and drogue system. The tanker aircraft maintains a level flight path and extends the drogue/hose. This hose is permitted to lag behind and below the tanker due to typical aerodynamic forces. The advancement of manned aircraft & unmanned tanker aircraft with various re-fuelling methods has boosted the industry.
Global Tanker Aircraft Market Drivers:
The major factors that are driving the global tanker aircraft are the market will grow as the need to replace aging fleets grows and rising arms race between economies has occurred in a surge in military aircraft demand.
Because of the technical problems posed by propulsion, structures, and other systems, there is a growing need for technologically sophisticated military aircraft to replace traditional military aircraft. To address the expanding threats and complete new mission requirements, a substantial number of existing aircraft fleets always require extra capacity. As one of the major users of ancient aircraft, the United States Air Force will encounter problems and issues as aircraft continue to age over the next ten years. Globally, rising conflicts & cross-border activities have prompted nations like China, South Korea, and India, to upgrade and improve their military systems. Various governments are expanding their military spending in order to increase their air force fleets. The demand for upgraded aerial weaponry from the world's biggest military spenders is propelling this sector forward. One of the major drivers of the tanker aircraft market is the increase in the arms race.
Global Tanker Aircraft Market Restraints:
The restraining factors that lead to the global tanker aircraft market downfall are political problems, border security issues, and expensive installation of refueling systems. The worldwide tanker aircraft industry is projected to be hampered by an increase in political challenges and border security concerns. Observation & surveillance, object tracking, and intelligence are all done by unmanned aerial vehicles (UAVs). Battle damage management, logistics & transportation, and combat operations are all provided by them. Nonetheless, an increase in UAV usage will stifle the market's growth. One of the most important skills that military organizations strive to have is air-to-air refueling. The significant expense of the installation of aerial refueling systems prevents all governments from adopting them.
Recent developments:
20th December 2021: The United States Navy and Boeing have successfully moved the Boeing-owned T1 test asset on a US Navy aircraft for the first time, taking an important step toward guaranteeing that the MQ-25 unmanned aircraft refueled will integrate smoothly into carrier operations. The Boeing-owned unmanned T1 test asset moved across the aircraft carrier deck easily and effectively using a unique remote-controlled technology.
20th May 2021: The Airbus industry introduced the A3R automatic refueling system, with the goal of reducing the workload of air refueling operators (AROs), improving safety, and optimizing aircraft pace of air-to-air refueling (AAR) transfers under operating situations to maximize aerial supremacy. Everything is controlled by a simple bottom push. In-flight re fuelling is one of the most challenging missions. Both tanker and receiver pilots must fly in tight formation, in day and night, throughout all-weather, and above the battlefield, operating aircraft with differing
Market Segmentation:
Military Aircraft
Helicopters
Commercial Aircraft
UAV
Military aircraft accounted for over 90% of the Global Tanker Aircraft market, mainly owing to the use of air-to-air refueling systems to extend the range of defensive operations and enable them to go farther than they could otherwise. In tactical missions and aerial confrontations, in-flight refueling is critical. Several countries are expanding their tanker fleets in order to boost up their air forces.
The market for aerial refueling systems is led by refueling pods, which are used to transport fuel. The fuel load carrying of the pods is being increased by industry companies in order to refill over than one aircraft. The boom component section of the market will develop at a rate of roughly 5%, owing to its use in transporting gasoline from the carrier to the provider. The AAR system relies heavily on re-fuelling probes and hoses. The entire procedure pulls the planes close together, perhaps resulting in an accident. As a result, the system is being automated in order to improve control and safety.
Probe and Drogue
Flying Boom
Due to its versatility, the market for probe and drogue aerial refueling systems will grow by roughly 3.5 percent. The device may transmit gasoline to up to 3 receivers at the same time. The (HDU) Hose Drogue Unit is an easier-to-install, safe device that allows the carrier and receiver to move closer together. In addition, if either of the HDU units fails during the course, the tanker may still dump the petroleum. The product's penetration will be limited by its poor transmission rate and its constraint for large military aircraft.
Tanker Aircraft Market By Distribution Channel:
With growing demands from commercial and military aircraft, the OEM segment leads the market. The expansion of the aircraft fleet to meet rising passenger and mission demand will boost service demand. The sector penetration will be fueled by the growing need for re-fuelling tankers to extend the flight path. The segment's expansion will also be fueled by end-user preferences for product quality, dependability, and cost-effective after-sales services.
The Global Tanker Aircraft Market Report includes the segmentation of Regions:
Impact of COVID-19 (Global Tanker Aircraft Market):
Individuals, organizations, governments, and enterprises have had to adjust to the problems of the COVID-19, which has taken a massive toll on global economic activity. The outbreak of COVID-19, as well as the resulting lockdowns & supply chain delays, has harmed the aerospace and defense industries, causing new defense acquisition and maintenance projects to be halted or delayed. The impact on OEMs has been severe owing to limitations and temporary halts in production; however, the effect upon that aftermarket has been comparatively little due to combat aircraft's minimal maintenance and monitoring requirements.
Global Tanker Aircraft Market Key Players:
The key players in the Global Tanker Aircraft Market are:
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