Air-To-Air Refueling Market expected to reach $692 billion by 2025 at a CAGR of 4.3%

1. MarketsandMarkets expects the Global Air-to-Air Refueling Market to grow from USD 537 million in 2019 to USD 692 million by 2025, at a CAGR of 4.3% from 2019 to 2025. Factors, such as increasing defense expenditure of countries and increase in the procurement of combat aircraft are some of the major drivers for the market. Air-to-air refueling is the method of transferring fuel from one aircraft to another in mid-air. The fuel transferring known as the tanker while the receiving aircraft is termed as the receiver. This process is adopted only for the military platform. Air- to-air refueling is vital in enabling the receiver aircraft to remain airborne for a longer time, and increase payload capacity, which is critical during missions. Air-to-air comprises 2 main systems, namely, probe & drogue and boom refueling systems. aircraft is military refueling Browse 77 market data Tables and 38 Figures spread through 119 Pages and in- depth TOC on "Air-to-Air Refueling Market - Global Forecast to 2025" View detailed Table of Content @ https://www.marketsandmarkets.com/Market-Reports/air-to-air-refueling-market- 233525223.html Based on component, the boom segment of the market is projected to grow at the highest CAGR during the forecast period. A boom system is used primarily to enable faster fuel transfer with the creation of aerodynamic forces. They are hydraulically actuated and controlled by the boom operator using a control switch. In terms of geographic coverage, the air-to-air refueling market has been segmented into 6 regions, namely, North America, Europe, Asia Pacific, Middle East, Latin America, and Africa. The market in the Asia Pacific is projected to grow at the highest CAGR during the forecast period. This is due to the increasing defense budgets of major Asian countries, such as China, India, Japan, and Russia; and increasing orders of fleets of tanker aircraft are expected to drive the demand for aerial refueling systems in the region. Ask for Sample Report @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=233525223

2. This market is driven by various factors, such as the development of next-generation aerial tankers. The KC-46 Tanker Program is a major milestone for the development of the next-generation tanker and is expected to enable aircrew to begin operational testing and flight training. KC-46 funding is expected to support various studies and research analyses, which include the 5-nation Future Technology for Aerial Refueling (FTAR) project, and KC-Y/KC-Z planning activities. Don’t miss out on business opportunities in Air-to-Air Refueling Market. Speak to our analyst and gain crucial industry insights that will help your business grow. About MarketsandMarkets™ MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions. Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve. MarketsandMarkets’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. Contact: Mr. Shelly Singh MarketsandMarkets™ INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA: 1-888-600-6441 Email: Newsletter@marketsandmarkets.com