Aircraft Ground Refueling Equipment Market size is estimated to be USD 1.5 Billion in 2024 and is expected to reach USD 2.9 Billion by 2033 at a CAGR of 8.2% from 2026 to 2033.
The Aircraft Ground Refueling Equipment market was valued at USD 1.5 billion in 2022 and is projected to expand at a compound annual growth rate (CAGR) of 6.2% from 2023 to 2030. The market growth is attributed to the increasing demand for efficient and safe aircraft fueling systems, along with the expansion of air travel globally. In terms of regional share, North America held the largest market share in 2022, accounting for approximately 34% of the total market. This dominance can be attributed to the presence of major airlines and a highly developed aviation infrastructure. The demand for ground refueling equipment in the region is expected to continue growing, driven by increasing aircraft fleet sizes and technological advancements in fueling processes. Europe follows North America with a significant market share, reflecting the regions robust aviation industry, while the Asia Pacific region is anticipated to witness the highest growth during the forecast period due to the rise in air traffic and the expansion of aviation infrastructure in emerging economies such as China and India.
Regionally, the market in the Middle East is expected to see substantial growth due to the regions strategic position as a hub for international air travel and ongoing investments in airport and aircraft ground support infrastructure. Latin America and Africa are projected to experience moderate growth, with increasing investments in airport modernization and the rising adoption of efficient fueling solutions. The global demand for aircraft ground refueling equipment is anticipated to remain strong, particularly with the adoption of more advanced fueling technologies, such as automated refueling systems and environmentally friendly solutions. The growing number of airports and the expansion of aviation networks in emerging markets will continue to present lucrative opportunities for industry players, with a focus on innovation and cost effective fueling solutions to cater to evolving market needs.
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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. 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
Refueling Trucks
Refueling Stations
Fuel Bowser
Mobile Refueling Units
Hydrant Dispensers
Jet A
Jet A-1
Avgas
Biofuels
Automatic Systems
Manual Systems
Civil Aviation
Military Aviation
Helicopter Operations
General Aviation
Pumps
Filters
Hoses
Valves
Control Systems
US (United States, US 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
US
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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