Air-to-Air Refueling Market Opportunities and Challenges by 2025
The Air-to-Air Refueling Market is projected to grow from $537 million in 2019 to $692 million by 2025, at a CAGR of 4.3% during the forecast period. Increasing defense expenditure of countries is a major factor driving the growth of the air-to-air refueling market. The rise in defense spending and continuing technology advancements are expected to lead to the development of various high-tech...
Air-To-Air Refueling Market expected to reach $692 billion by 2025 at a CAGR of 4.3%
MarketsandMarkets
expects
the Global Air-to-Air
Refueling Market to grow from USD 537 million in 2019 to USD 692 million by 2025,
at a CAGR of 4.3% from 2019 to 2025. Factors, such as increasing defense
expenditure of countries and increase in the procurement of combat aircraft are
some of the major drivers for the market.
Air-to-air refueling is the
method of transferring fuel from one aircraft...