Aircraft Refueling Hose Market : Notable Developments & Geographical Outlook 2021 to 2031

According to latest research, the aircraft refueling hose market is projected to expand between 4.0% and 6.0% CAGR during the 2020-2026 assessment period. An aircraft refueling hose is used for fuelling and defueling purposes of private and commercial aircraft.

It handles jet fuel along with higher grade aromatic aviation gasoline. The ability of these systems to easily refuel aircraft in land and air during flight journey coupled with a considerable reduction in flight journey downtime significantly supports the industry size expansion over the projected timeframe. Moreover, advancements in materials along with superior fire resistance capabilities are few major innovations in aircraft refueling hoses, contributing to the increasing segment share.

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What is Driving Demand for Aircraft refueling hose

Growing demand for advanced refuellers and sales is driving the aircraft refueling hose market over the study timeframe. Availability of wide range of built-in hose assembly with different diameter will further support the business growth. Stringent government regulations across the globe mandating periodic maintenance of products and replacements of old products not meeting the standards are supporting the revenue generation process.

Developments in tourism sector and parallel rise in disposable income are some of the key influencing factors boosting the industry growth of commercial aircraft. The proliferation of economical aircrafts providing affordable air travel networks across multiple countries is expected to uplift the refueling hose market growth over the time period.

Growing tourism sector and air travel to drive the commercial aviation

Increase in the tourism industry across the globe to benefit the demand for commercial aircrafts and ultimately rise the demand for aircraft refueling hose. Helicopters will showcase a considerable growth in the market size on account of the rising prevalence for Helicopter In-Flight Refueling (HIFR) systems.

Upsurge in the tourism industry is significantly contributing to the growing demand for helicopters.

Moreover, increased applications of helicopters in several industries, including oil & gas and mining, along with the installation of refueling hoses for increased reliability and higher fuel flow assurance will further propel the market size till 2031.

Europe Aircraft refueling hose demand outlook

The Europe market size will grow significantly due to the rising air travel across the region. The proliferating air passenger traffic owing to the rising demand for low-cost air carriers along with improving tourism sector will further expand the regional share over the forecasted period.

Airliners across the region are focusing on expanding their aircraft fleet for catering to the rising air passenger traffic. For instance, in 2017, Surf Air announced the expansion of its network routes and business aircraft fleet with innovative, low-cost, and subscription-based all-you-can-fly-model to target a wide air travelling customer base.

North America Demand Outlook for Aircraft refueling hose

North America will account for a significant share in the aircraft refueling hose market size. The massive defense budget along with the rising air passenger travels are some of the major factors supporting the regional growth.

For instance, the U.S. Pentagon has proposed a defense budget amount to USD 718 billion for FY 2020. Moreover, Canada defense expenditure accounted for around USD 16 billion in 2018, positively influencing the regional share over the study timeframe.

Who are the Key Manufacturers and Suppliers of Aircraft refueling Hose

Some of the leading manufacturers and suppliers include

• A.E.R.O. Aviation Hose Shop,
• Aljac Fuelling Components Ltd.,
• APACHE,
• Becker & Associates,
• Cobham Mission Systems Wimborne Limited,
• Coxreels, Delafield Corporation,
• Eaton,
• Elaflex hiby GmbH & Co. KG,
• Husky Corporation,
• IVG Colbachini S.p.A,
• JGB Enterprises, Inc.,
• Parker Hannifin corp,

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Report Highlights:

• Detailed overview of parent market
• Changing market dynamics in the industry
• In-depth market segmentation
• Historical, current and projected market size in terms of volume and value
• Recent industry trends and developments
• Competitive landscape
• Strategies of key players and products offered
• Potential and niche segments, geographical regions exhibiting promising growth
• A neutral perspective on market performance

Key Segments

By product Type

• Stainless steel Hose
• Composite Hose
• Rubber Hose

By sales channel

• Original Equipment Manufacturer (OEM)
• Aftermarket

By Application

• Helicopters
• Military aircraft
• Unmanned air vehicle
• Commercial aircraft
• Others

By Region

• North America
• Latin America
• Europe
• South Asia
• East Asia
• Middle East and Africa