Air-to-Air Refueling Market Size, Revenue Analysis, Forecast, 2021-2032
The global Air-to-Air Refueling (AAR) services market size reached USD 6.16 Billion in 2020 and is expected to register a revenue CAGR of 9.1% during the forecast period, according to latest analysis by Emergen Research. Rising need for aerial refueling to support overseas deployments which enables fighter jets and other aircraft to cover longer distances is a key factor expected to drive demand for aerial refueling services. Increased procurement of advanced fighter planes with newer more advanced technologies including better sensors that enable more efficient and accurate mid-air refueling has been resulting in increased demand to accomplish better surveillance and covering of a larger area. This is expected to support market revenue growth to a significant extent over the forecast period. Aerial refueling, also known as air refueling, In-Flight Refueling (IFR), Air-to-Air Refueling (AAR), enable pilots to fly longer distances without landing and refueling mid-air can extend th...