Market Forecast By Applications (Military Aircraft, Helicopters, Commercial Aircrafts, UAV), By Distribution Channel (OEM, Aftermarket), By Regions (North America, Latin America, Asia Pacific, Europe, Middle East & Africa) and Competitive Landscape
Product Code: ETC001647 | Publication Date: Aug 2024 | Updated Date: Aug 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 300 | No. of Figures: 90 | No. of Tables: 30 | |
Report Name | Global Aircraft Refueling Hose Market |
Forecast period | 2024-2030 |
CAGR | 5% |
Growing Sector | Aviation |
The Global Aircraft Refueling Hose Market report thoroughly covers the market by Applications, Distribution Channel, and Regions. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
The Global Aircraft Refueling Hose Market is expected to witness growth in the coming years. Factors such as increased demand for air travel, growing military spending, and technological advancements are driving the growth of the market.
According to 6Wresearch, the Global Aircraft Refueling Hose Market size is expected to grow at a significant CAGR of 5% during 2024-2030. The primary driver for the market is the increasing demand for air travel. This is due to an increase in the disposable income of the people and the changing lifestyles of the people. There is a rise in military spending across the world due to a rise in tensions and conflicts. This has resulted in the involvement of aircraft, which has increased the demand for aircraft refueling hoses. Moreover, advancements in technology have led to the development of more innovative aircraft that are lighter, more durable, and can withstand extreme conditions.
One of the major challenges faced by the market is strict regulations for the aircraft refueling hose manufacturers. Moreover, the regular maintenance and replacement due to wear and tear increase their prices. The fluctuating prices of raw materials such as rubber, stainless steel, and PTFE impact the overall cost of production and affect the profit margins of manufacturers.
Several companies operate in the global aircraft refueling hose market, including Eaton Corporation, Cobham plc, Elaflex Hiby GmbH & Co. KG, Garsite LLC, Masterduct Inc., Elaflex Hiby UK Ltd., Trelleborg Industrial Hose, Avro GSE, Excel Connectors Pvt. Ltd., and PATTON & COOKE CO. These companies are constantly investing in research and development to come up with innovative products that meet the evolving needs of the aviation industry.
Governments across the world have taken various initiatives to boost the market further. One of the key initiatives is the modernization of existing airports and the construction of new airports. This has led to an increased demand for high-quality aircraft refueling hoses that can withstand heavy usage and harsh weather conditions. Furthermore, many governments are introducing regulations to promote sustainable aviation practices. Additionally, governments are also investing in research and development activities to improve the design and performance of aircraft refueling hoses.
The Global Aircraft Refueling Hose Market will continue its growth in the coming years due to increasing air traffic and demand for fuel-efficient aircraft. The development of innovative aircraft that are durable and lightweight due to the introduction of advanced technologies is likely to drive market growth. Moreover, the rising tension and conflicts across the world will further drive the market. Furthermore, there is an increasing focus on reducing fuel wastage and carbon emissions in the aviation industry, thus leading to the adoption of more efficient fuel.
According to Ravi Bhandari, Research Head, 6Wresearch, commercial aircraft will dominate the market in the coming years due to the increasing demand for air travel and growth in the aviation industry.
Based on the distribution channel, the aftermarket segment is expected to grow in the future due to the need for frequent replacements and maintenance of refueling hoses.
The North America region dominates the global market due to its strong presence in the aviation industry and high defense spending.
The report provides a detailed analysis of the following market segments:
1 Executive Summary |
2 Introduction |
2.1 Report Description |
2.2 Key Highlights |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Global Aircraft Refueling Hose Market Overview |
3.1 Global Aircraft Refueling Hose Market Revenues and Volume, 2020-2030F |
3.2 Global Aircraft Refueling Hose Market Revenues Share, By Applications, 2020 & 2030F |
3.3 Global Aircraft Refueling Hose Market Revenues Share, By Distribution Channel, 2020 & 2030F |
3.4 Global Aircraft Refueling Hose Market Revenues Share, By Regions, 2020 & 2030F |
3.5 Global Aircraft Refueling Hose Market- Industry Life Cycle |
3.6 Global Aircraft Refueling Hose Market- Porter’s Five Forces |
4 Global Aircraft Refueling Hose Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Global Aircraft Refueling Hose Market Trends |
6 Global Aircraft Refueling Hose Market Overview, By Applications |
6.1 Global Military Aircraft Refueling Hose Market Revenues and Volume, 2020-2030F |
6.2 Global Helicopter Aircraft Refueling Hose Market Revenues and Volume, 2020-2030F |
6.3 Global Commercial Aircraft Refueling Hose Market Revenues and Volume, 2020-2030F |
6.4 Global UAV Aircraft Refueling Hose Market Revenues and Volume, 2020-2030F |
7 Global Aircraft Refueling Hose Market Overview, By Distribution channel |
7.1 Global Aircraft Refueling Hose Market Revenues and Volume, By OEM 2020-2030F |
7.2 Global Aircraft Refueling Hose Market Revenues and Volume, By Aftermarket 2020-2030F |
8 North America Aircraft Refueling Hose Market Overview |
8.1 North America Aircraft Refueling Hose Market Revenues and Volume, 2020-2030F |
8.2 North America Aircraft Refueling Hose Market Revenues and Volume, By Applications, 2020-2030F |
8.3 North America Aircraft Refueling Hose Market Revenues and Volume, By Distribution channel, 2020-2030F |
8.4 North America Aircraft Refueling Hose Market Revenues and Volume, By Region, 2020-2030F |
9 Latin America Aircraft Refueling Hose Market Overview |
9.1 Latin America Aircraft Refueling Hose Market Revenues and Volume, 2020-2030F |
9.2 Latin America Aircraft Refueling Hose Market Revenues and Volume, By Applications, 2020-2030F |
9.3 Latin America Aircraft Refueling Hose Market Revenues and Volume, By Distribution channel, 2020-2030F |
9.4 Latin America Aircraft Refueling Hose Market Revenues and Volume, By Region, 2020-2030F |
10 Europe Aircraft Refueling Hose Market Overview |
10.1 Europe Aircraft Refueling Hose Market Revenues and Volume, 2020-2030F |
10.2 Europe Aircraft Refueling Hose Market Revenues and Volume, By Applications, 2020-2030F |
10.3 Europe Aircraft Refueling Hose Market Revenues and Volume, By Distribution channel, 2020-2030F |
10.4 Europe Aircraft Refueling Hose Market Revenues and Volume, By Region, 2020-2030F |
11 Asia Pacific Aircraft Refueling Hose Market Overview |
11.1 Asia Pacific Aircraft Refueling Hose Market Revenues and Volume, 2020-2030F |
11.2 Asia Pacific Aircraft Refueling Hose Market Revenues and Volume, By Applications, 2020-2030F |
11.3 Asia Pacific Aircraft Refueling Hose Market Revenues and Volume, By Distribution channel, 2020-2030F |
11.4 Asia Pacific Aircraft Refueling Hose Market Revenues and Volume, By Region, 2020-2030F |
12 The Middle East & Africa Aircraft Refueling Hose Market Overview |
12.1 the Middle East & Africa Aircraft Refueling Hose Market Revenues and Volume, 2020-2030F |
12.2 the Middle East & Africa Aircraft Refueling Hose Market Revenues and Volume, By Applications, 2020-2030F |
12.3 the Middle East & Africa Aircraft Refueling Hose Market Revenues and Volume, By Distribution channel, 2020-2030F |
12.4 the Middle East & Africa Aircraft Refueling Hose Market Revenues and Volume, By Region, 2020-2030F |
13 Global Aircraft Refueling Hose Market Key Performance Indicators |
14 Global Aircraft Refueling Hose Market Opportunity Assessment |
14.1 Global Aircraft Refueling Hose Market Opportunity Assessment, By Applications, 2030F |
14.2 Global Aircraft Refueling Hose Market Opportunity Assessment, By Distribution channel 2030F |
15 Global Aircraft Refueling Hose Market Competitive Landscape |
15.1 Global Aircraft Refueling Hose Market Revenue Share, By Companies, 2023 |
15.1.1 North America Aircraft Refueling Hose Market Revenue Share, By Companies, 2023 |
15.1.2 Latin America Aircraft Refueling Hose Market Revenue Share, By Companies, 2023 |
15.1.3 Europe Aircraft Refueling Hose Market Revenue Share, By Companies, 2029 |
15.1.4 Asia Pacific Aircraft Refueling Hose Market Revenue Share, By Companies, 2023 |
15.1.5 the Middle East & Africa Aircraft Refueling Hose Market Revenue Share, By Companies, 2023 |
15.2 Global Aircraft Refueling Hose Market Competitive Benchmarking, By Operating Parameters |
16 Company Profiles |
17 Key Strategic Recommendations |
18 Disclaimer |
Market Forecast By Applications(Military Aircraft, Helicopters, Commercial Aircrafts, UAV), By Distribution Channel(OEM, Aftermarket), By Regions(North America, Latin America, Asia Pacific, Europe, Middle East & Africa), By Key Countries and Competitive Landscape
Product Code: ETC001647 | Publication Date: Mar 2020 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 300 | No. of Figures: 90 | No. of Tables: 30 |
The global aircraft refueling hose market has witnessed high growth on account of the high production of aircraft globally. Moreover, the growing air passenger traffic along with the rapid increase in defense budget all over the world is the major factor enhancing the aircraft refueling hose market. Aircraft refueling hose properties of effortlessly refueling aircraft on land and in the air during the flight with a major reduction in the flight journey time boost the industry size during the forthcoming years.
According to 6Wresearch, the Global Aircraft Refueling Hose Market size is anticipated to register growth during 2020-26. The government all over the world is raising the expenses to fortify their military operations and defense budget. In Europe, the aircraft refueling hose market is expected to upsurge due to the increasing air travel all over the region. Furthermore, North America is projected to grow on account of the rapid increase in the defense budget and growing air passenger travels.
Based on the distribution channel, the OEM segment is anticipated to grow the global aircraft refueling hose market due to the rise in the production and deliveries of aircraft all over the world. OEMs are constantly using lightweight and durable shafts to improve safety and fulfill stringent regulatory requirements. Additionally, the advances in materials and superior fire resistance are some key advancements in aircraft refueling pipes which is expected to support the growth of the aircraft refueling hose market.
The global aircraft refueling hose market report thoroughly covers the market by applications, distribution channels, regions including North America, Latin America, Asia Pacific, Europe, and the Middle East & Africa and by key countries. The global aircraft refueling hose market outlook provides an unbiased and detailed analysis of the on-going global aircraft refueling hose market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
The Global aircraft refueling hose market is anticipated to gain traction in the coming years on the back of rising concerns to keep a constant check on the hose regarding blistering, cuts, abrasions, weather cracking, and carcass saturation which leads to leaks at couplings and misalignment of the hose. Additionally, the rising need and concerns to maintain the good working condition of the aircraft hose is anticipated to proliferate the demand for aircraft refueling hose and is expected to widen vast avenues for the growth of the market in the coming timeframe and benefit the investors to seek lucrative growth opportunities for a promising future growth of their business in the foreseeable future.
The global IMO 2020 marine oil market is anticipated to seek proliferation in the coming years on the back of rising regulations and mandates by the marine regulatory to avoid the use of marine oil with high sulfur content. The ideology behind introducing the IMO 2020 is with regard to the rising marine trade which is believed to increase the marine traffic and as a result, vehicular emission by marine vehicles tends to deteriorate the quality of seawater and turns out to be harmful to the sea animals. The IMO 2020 tends to alleviate such harmful effects and improve the standards of fuel oil for marine engines with only 0.5% sulfur content. The IMO 2020 release is expected to be mandated on the marine industry globally and is expected to raise demand for the new oil produced by the operators of the marine vehicles and is anticipated to bring lucrative opportunities for the potential growth of the Global IMO 2020 marine oil market in the upcoming six years and the timeframe thereafter.
The global aircraft refueling hose market is anticipated to register progressive growth in the coming timeframe owing to rising commercial aircraft use in developed and developing countries. On the basis of the regional landscape distribution, the North America aircraft refueling hose market is estimated to increase the revenue index of the Global aircraft refueling hose market in the coming time zone underpinned by increased aircraft production due to increased export practices coupled with increased discretionary spending by high-income group population simultaneously is estimated to robust aircraft refueling hose deployment and is expected to act as a catalyst for the growth of the North America aircraft refueling hose market, as a result, is estimated to contribute massive growth of the global aircraft refueling hose market in the years ahead.
The global aircraft refueling hose market is expected to register sound revenues throughout the forecast period in the upcoming six years on the back of the reopening of flights. Covid -19 pandemic has led to lessening the aircraft movement to maintain social distancing but after recovery of a pandemic situation in 2021 has led to starting the flights across all the region and concurrently, the growth of aircraft refueling hose would increase and is expected to benefit the Aircraft refueling hose market globally in the upcoming six years. Prominent players operating in the Aircraft refueling hose market globally, including Aerospace Corp., Husky Corporation, Apache Inc., Pear hose Corporation, and Parker Hannifin Manufacturing.
Key Highlights of the Report:
Markets Covered
The Global Aircraft Refueling Hose Market report provides a detailed analysis of the following market segments:
Other key Reports available