Air-to-Air Refueling Market worth $851 million by 2025
iCrowd Newswire
According to the new market research report
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Air-to-Air Refueling Market by System (Probe & Drogue, Boom Refueling, Autonomous), Component (Pumps, Valves, Hoses, Boom, Probes, Fuel Tanks, Pods), Aircraft Type (Fixed, Rotary), Type (Manned, Unmanned), End User, Region - Global Forecast to 2025″, published by MarketsandMarkets™, the market size is projected to grow from an estimated USD 501 million in 2020 to USD 851 million by 2025, at a CAGR of 11.2% during the forecast period. This growth can be attributed to the increasing demand for combat aircraft and military spending of various countries.
The fuel tank segment accounts for the largest market size during the forecast period