Global Aircraft Refueling Hose Market to exhibit high CAGR during 2019-2025

February 12, 2020


As per the report titled ‘Aircraft Refueling Hose Market Size By Application (Military Aircraft, Helicopters, Commercial Aircraft, UAV), By Distribution Channel (OEM, Aftermarket) Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, UK, France, Italy, Spain, Russia, Poland, Netherlands, Sweden, Norway, China, Japan, India, Thailand, Australia, Vietnam, Malaysia, Indonesia, Singapore, Korea, Pakistan, Brazil, Chile, Colombia, Saudi Arabia, Turkey, UAE, Israel, Iran, Algeria), Growth Potential, Price Trends, Competitive Market Share & Forecast, 2019 - 2025’ available with Market Study Report LLC, the global aircraft refueling hose market is expected to witness a significant growth through 2025.
 

Increasing air traffic across the globe along with rising consumer inclination towards air travel & tourism is fueling the growth of aircraft refueling hose market. The ability of the hose to seamlessly refuel aircraft at land and in mid-air will play a major role in augmenting the business landscape. Stringent design standards and inflowing investments towards R&D will also foster the market growth. Growing availability of built-in hose assembly with varying range of hose diameters will further boost the adoption of advanced refueling products, thereby aiding the market expansion.
 

In terms of the application scope, military aircraft segment is expected to see a sizeable growth over the analysis period. Rising demand for advanced refueling systems from various defense organizations, in tandem with ongoing R&D for development of new technologies will fuel the adoption of aircraft refueling hose for military aircraft application.
 

Likewise, commercial aircraft segment will register significant growth during the study period. The growth can be attributed to increasing deployment of new aircrafts across the globe. Low air fares, established air travel network, and increasing air passenger traffic are propelling the demand for commercial aircrafts.
 

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Based on the distribution channel, aircraft refueling hose market from OEM segment is expected to gain majority share by 2025, pertaining to the development of new generation aircrafts. Increasing preference for lighter and more durable hose systems, coupled with rising investment in advanced materials for reducing weight and improving safety of refueling hoses will foster the segmental growth.
 

Considering the geographical outlook, North America aircraft refueling hose market is predicted to gain substantial traction during 2019-2025, owing to increasing investments in defense and military sector. Additionally, emergence of new refueling tanker system will stimulate the regional growth.
 

Major players of aircraft refueling hose market are Apache, Eaton, Elaflex, Perkar Hannifin, Cobham Plc, and Husky Corporation among others.


Frequently Asked Questions (FAQ) :

Increasing traffic across the globe along with rising consumer inclination towards air travel & tourism is fueling the growth of aircraft refueling hose market. The ability of the hose to seamlessly refuel aircraft at land and in mid-air will play a major role in augmenting the business landscape. Stringent design standards and inflowing investments towards R&D will also foster the market growth. Growing availability of built-in hose assembly with varying range of hose diameters will further boost the adoption of advanced refueling products, thereby aiding the market expansion.
Aircraft refueling hose market from commercial aircraft segment will see significant growth through 2025. The growth can be attributed to increasing deployment of new aircrafts across the globe. Low air fares, established air travel network, and increasing air passenger traffic are propelling the demand for commercial aircrafts.
North America aircraft refueling hose market is predicted to gain substantial traction during 2019-2025, owing to increasing investments in defense and military sector. Additionally, emergence of new refueling tanker system will foster the regional growth.
Major players of aircraft refueling hose market are Apache, Eaton, Elaflex, Perkar Hannifin, Cobham Plc, and Husky Corporation among others.