Global Aircraft Refueling Hose Market Size, Trends, and Growth Opportunity, By Type (Composite Hose, Stainless Steel Hose, Rubber Hose), Application (Helicopters, Military Aircraft, Unmanned Aerial Vehicle (UAV), Commercial Aircraft), Sales Channel (Original Equipment Manufacturer (OEM), Aftermarket) By Region and forecast till 2027.
Global Aircraft Refueling Hose Market
Global Aircraft Refueling Hose Market was valued at USD 1996.20 Million in 2021 and is slated to reach USD 3150.37 Million by 2027 at a CAGR of 5.30% from 2022-2027.
Private and commercial aircraft are fueled and refueled using the aircraft refueling hose. The aircraft refueling hose is designed to handle jet fuel and higher aromatic aviation gasoline. Because of its high working pressure, it can be used in fuel cart hydrant service. An aircraft refueling hose is important because it allows for the efficient and safe transfer of jet fuel between two planes.
Market Drivers
The global demand for commercial airplanes is boosted by the expansion of the tourism sector, which also boosts demand for aircraft refueling hoses. Because of the increasing prevalence of Helicopter In-Flight Refueling (HIFR) systems, the market for helicopters will grow significantly. The growing tourism industry contributes to increased demand for helicopters. Furthermore, enhanced applications of helicopters in a variety of industries, such as mining, oil, and gas, and installing refueling hoses for increased fuel flow assurance and reliability, will drive market growth. The introduction of safe and compliant airplane refueling hoses appropriate for a variety of operations in a variety of settings and climatic situations is necessitated by strict regulatory criteria, which force market participants to invest in hose technology. Companies in the industry can offer safe and superior hoses thanks to organizations like ICAO, which offers a variety of safety and fire requirements for refueling hoses. This element is positive for the market for airplane refueling hose expansion.
Market Restraints
Growing concern about accidents, as well as stringent government regulations regarding aircraft equipment, are expected to be major market restraints for the growth of the aircraft refueling hose market in the forecast timeframe. Furthermore, increasing aircraft fuel efficiency as well as alternative refueling technologies will be the most difficult challenges to the market's growth. Military aircraft are designed to withstand a significant amount of external air pressure while flying at high speeds. Air-to-air refueling allows aircraft to remain in the air for longer periods, allowing for longer voyage operations. The fighter jets have a distinct fueling system that allows for a low fuel flow rate to avoid leaks and damage. A separate refueling system in the tanker plane is required for accurate mid-air fuel transfer and a compatible receiver end in the jets. This installation method is expensive, but it allows for lower maintenance costs over time. During the forecast period, these factors are expected to limit the market growth.
Impact of COVID-19 on the Global Aircraft Refueling Hose Market
COVID-19 has had a significant impact on global economic activity, necessitating adjustments by individuals, organizations, governments, and businesses. The spread of COVID-19, as well as the subsequent lockdowns and distribution network disruptions, has harmed the aerospace and defense industries, leading to the cancellation or postponement of future defense acquisition and maintenance projects. Aircraft manufacturing restrictions and temporary halts have had a significant impact on the aircraft refueling hose industry, though the impact on the aftermarket has been relatively minor due to the fundamental maintenance and monitoring requirements of combat aircraft.
Recent Developments
The Israeli ministerial committee approved the purchase of F-35 fighter jets with ammunition and KC refueling aircraft from the United States in February 2021. The agreement includes the purchase of four new refueling planes to expand the air force's fleet.
The US Air Force placed a USD 2.1 billion order for twelve Boeing KC-46 Pegasus military aerial refueling aircraft under six manufacturing lots in January 2021. Boeing has been awarded a contract to manufacture 79 new tanker planes.
Market Segmentation
The global aircraft refueling hose market is segmented into type, application, and sales channel. By types such as composite hose, stainless steel hose, and rubber hose. By applications such as helicopters, military aircraft, unmanned aerial vehicles (UAV), and commercial aircraft. By sales channels such as original equipment manufacturer (OEM), and aftermarket.
Regional Analysis
The aircraft refueling hose market is segmented into five regions North America, Europe, Asia-Pacific, Latin America and the Middle East & Africa. In terms of revenue growth, North America dominates the aircraft refueling hose market. This is primarily due to rising air passenger traffic and the expansion of the region's new refueling tanker system. Because of commercial aviation expansion and increased defense industry investment, the United States will dominate the North American aircraft refueling hose market. Europe is expected to be the fastest growing region during the forecast period of 2022-2027, owing to the expansion of the fleet to meet rising passenger traffic and the expansion of the tourism sector in the region. The need for low-cost carriers will increase air passenger traffic, thereby boosting the regional share during the study period.
Key Players
This report includes a list of numerous key players, namely Eaton (Ireland), PARKER HANNIFIN CORP (U.S.), RYCO Hydraulics (Australia), Kurt Manufacturing (U.S.), NORRES Schlauchtechnik GmbH (Germany), Transfer Oil S.p.A (Italy), ContiTech AG (Germany), Kanaflex Corporation Co.,ltd. (Japan), Pacific Echo (U.S.), Colex International Limited (U.K.).
Market Taxonomy
By Type
• Composite Hose
• Stainless Steel Hose
• Rubber Hose
By Application
• Helicopters
• Military Aircraft
• Unmanned Aerial Vehicle (UAV)
• Commercial Aircraft
By Sales Channel
• Original Equipment Manufacturer (OEM)
• Aftermarket
By Region
• North America
• Latin America
• Europe
• Asia Pacific
• Middle East & Africa.
Global Aircraft Refueling Hose Market
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Aircraft Refueling Hose Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Aircraft Refueling Hose Market, By Type
5.1 Y-o-Y Growth Comparison, By Type
5.2 Global Aircraft Refueling Hose Market Share Analysis, By Type
5.3 Global Aircraft Refueling Hose Market Size and Forecast, By Type
5.3.1 Composite Hose
5.3.2 Stainless Steel Hose
5.3.3 Rubber Hose
6 Global Aircraft Refueling Hose Market, By Application
6.1 Y-o-Y Growth Comparison, By Application
6.2 Global Aircraft Refueling Hose Market Share Analysis, By Application
6.3 Global Aircraft Refueling Hose Market Size and Forecast, By Application
6.3.1 Helicopters
6.3.2 Military Aircraft
6.3.3 Unmanned Aerial Vehicle (UAV)
6.3.4 Commercial Aircraft
7 Global Aircraft Refueling Hose Market, By Sales Channel
7.1 Y-o-Y Growth Comparison, By Sales Channel
7.2 Global Aircraft Refueling Hose Market Share Analysis, By Sales Channel
7.3 Global Aircraft Refueling Hose Market Size and Forecast, By Sales Channel
7.3.1 Original Equipment Manufacturer (OEM)
7.3.2 Aftermarket
8 Global Aircraft Refueling Hose Market, By Region
8.1 Global Aircraft Refueling Hose Market Share Analysis, By Region
8.2 Global Aircraft Refueling Hose Market Size and Forecast, By Region
9 North America Aircraft Refueling Hose Market Analysis and Forecast (2022-2027)
9.1 Introduction
9.2 North America Aircraft Refueling Hose Market Share Analysis, By Type
9.3 North America Aircraft Refueling Hose Market Size and Forecast, By Sales Channel
9.4 North America Aircraft Refueling Hose Market Size and Forecast, By Application
9.5 North America Aircraft Refueling Hose Market Size and Forecast, By Country
9.5.1 U.S.
9.5.2 Canada
9.5.3 Mexico
10EuropeAircraft Refueling Hose Market Analysis and Forecast (2022-2027)
10.1 Introduction
10.2 Europe Aircraft Refueling Hose Market Share Analysis, By Type
10.3 Europe Aircraft Refueling Hose Market Size and Forecast, By Sales Channel
10.4 Europe Aircraft Refueling Hose Market Size and Forecast, By Application
10.5 Europe Aircraft Refueling Hose Market Size and Forecast, By Country
10.5.1 Germany
10.5.2 France
10.5.3 UK
10.5.4. Rest of Europe
11Asia Pacific Aircraft Refueling Hose Market Analysis and Forecast (2022-2027)
11.1 Introduction
11.2 Asia Pacific Aircraft Refueling Hose Market Share Analysis, By Type
11.3 Asia Pacific Aircraft Refueling Hose Market Size and Forecast, By Sales Channel
11.4 Asia Pacific Aircraft Refueling Hose Market Size and Forecast, By Application
11.5 Asia Pacific Aircraft Refueling Hose Market Size and Forecast, By Country
11.5.1 China
11.5.2 Japan
11.5.3 India
11.5.4. Rest of Asia Pacific
12Latin America Aircraft Refueling Hose Market Analysis and Forecast (2022-2027)
12.1 Introduction
12.2 Latin America Aircraft Refueling Hose Market Share Analysis, Product Type
12.3 Latin America Aircraft Refueling Hose Market Size and Forecast, By Sales Channel
12.4 Latin America Aircraft Refueling Hose Market Size and Forecast, By Application
12.5 Latin America Aircraft Refueling Hose Market Size and Forecast, Country
12.5.1. Brazil
12.5.2.Rest of Latin America
13 Middle East Aircraft Refueling Hose Market Analysis and Forecast (2022-2027)
13.1 Introduction
13.2 Middle East Aircraft Refueling Hose Market Share Analysis, By Type
13.3 Middle East Aircraft Refueling Hose Market Size and Forecast, By Sales Channel
13.4 Middle East Aircraft Refueling Hose Market Size and Forecast, By Application
13.5 Middle East Aircraft Refueling Hose Market Size and Forecast, By Country
13.5.1. Saudi Arabia
13.5.2. UAE
13.5.3. Egypt
13.5.4. Kuwait
13.5.5. South Africa
14 Competitive Analysis
14.1 Competition Dashboard
14.2 Market share Analysis of Top Vendors
14.3 Key Development Strategies
15 Company Profiles
15.1 Eaton (Ireland)
15.1.1 Overview
15.1.2 Products
15.1.3 Key Financials
15.1.4 Business Segment & Geographic Overview
15.1.5 Key Market Developments
15.1.6 Key Strategies
15.2. PARKER HANNIFIN CORP (U.S.)
15.2.1 Overview
15.2.2 Products
15.2.3 Key Financials
15.2.4 Business Segment & Geographic Overview
15.2.5 Key Market Developments
12.2.6 Key Strategies
15.3. RYCO Hydraulics (Australia)
15.3.1 Overview
15.3.2 Products
15.3.3 Key Financials
15.3.4 Business Segment & Geographic Overview
15.3.5 Key Market Developments
15.3.6 Key Strategies
15.4 Kurt Manufacturing (U.S.)
15.4.1 Overview
15.4.2 Products
15.4.3 Key Financials
15.4.4 Business Segment & Geographic Overview
15.4.5 Key Market Developments
15.4.6 Key Strategies
15.5 NORRES Schlauchtechnik GmbH (Germany)
15.5.1 Overview
15.5.2 Products
15.5.3 Key Financials
15.5.4 Business Segment & Geographic Overview
15.5.5 Key Market Developments
15.5.6 Key Strategies
15.6 Transfer Oil S.p.A (Italy)
15.6.1 Overview
15.6.2 Products
15.6.3 Key Financials
15.6.4 Business Segment & Geographic Overview
15.6.5 Key Market Developments
15.6.6 Key Strategies
15.7 ContiTech AG (Germany)
15.7.1 Overview
15.7.2 Products
15.7.3 Key Financials
15.7.4 Business Segment & Geographic Overview
15.7.5 Key Market Developments
15.7.6 Key Strategies
15.8 Kanaflex Corporation Co.,ltd. (Japan)
15.8.1 Overview
15.8.2 Products
15.8.3 Key Financials
15.8.4 Business Segment & Geographic Overview
15.8.5 Key Market Developments
15.8.6 Key Strategies
15.9 Pacific Echo (U.S.)
15.9.1 Overview
15.9.2 Products
15.9.3 Key Financials
15.9.4 Business Segment & Geographic Overview
15.9.5 Key Market Developments
15.9.6 Key Strategies
15.10 Colex International Limited (U.K.)
15.10.1 Overview
15.10.2 Products
15.10.3 Key Financials
15.10.4 Business Segment & Geographic Overview
15.10.5 Key Market Developments
15.10.6 Key Strategies
