Aircraft Ground Refueling Equipment Market was valued at USD 4.5 Billion in 2022 and is projected to reach USD 6.8 Billion by 2030, growing at a CAGR of 5.5% from 2024 to 2030.
The global Aircraft Ground Refueling Equipment market was valued at approximately USD 1.8 billion in 2022, reflecting steady growth driven by increasing air travel and the expansion of airline fleets. The market is projected to experience a compound annual growth rate (CAGR) of about 5.7% from 2023 to 2028. This growth is attributed to advancements in refueling technology, stringent safety regulations, and the need for efficient fueling solutions that minimize aircraft turnaround times. As airlines and military operators continue to invest in upgrading their ground support equipment, the market is expected to expand significantly in the coming years.Emerging markets present substantial opportunities for growth in the Aircraft Ground Refueling Equipment sector. Regions such as Asia-Pacific and the Middle East are witnessing rapid infrastructure development and increased air traffic, driving demand for modern refueling equipment. Additionally, the rising adoption of eco-friendly fueling solutions and automation in ground operations are expected to create new revenue streams and market potential. Companies focusing on innovative and sustainable technologies are well-positioned to capitalize on these emerging opportunities and address the evolving needs of the aviation industry.
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Meggitt
Raycon Industries
SkyMark
Cavotec
BETA Fueling Systems
Refuel International
Cla-Val
Garsite
Fluid Transfer International
Holmwood Group
Amthor International
DESMI
Engine & Accessory
Inc.
Protankgrüp
Eaton
Westmor Industries
Parker Hannifin
AGFT
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Aircraft Ground Refueling Equipment Market
Civilian Aircraft
Military Aircraft
Based on Types the Market is categorized into Below types that held the largest Aircraft Ground Refueling Equipment market share In 2023.
Aircraft Refueling Equipment
Fuel Storage Facility
Aircraft Fuel Transportation Equipment
Other
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Aircraft Ground Refueling Equipment Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Aircraft Ground Refueling Equipment Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Aircraft Ground Refueling Equipment Market, By Type
6. Global Aircraft Ground Refueling Equipment Market, By Application
7. Global Aircraft Ground Refueling Equipment Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Aircraft Ground Refueling Equipment Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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