According to the research report titled ‘Aircraft Refueling Hose Market Size By Application (Military Aircraft, Helicopters, Commercial Aircraft, UAV), By Distribution Channel (OEM, Aftermarket) Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, UK, France, Italy, Spain, Russia, Poland, Netherlands, Sweden, Norway, China, Japan, India, Thailand, Australia, Vietnam, Malaysia, Indonesia, Singapore, Korea, Pakistan, Brazil, Chile, Colombia, Saudi Arabia, Turkey, UAE, Israel, Iran, Algeria), Growth Potential, Price Trends, Competitive Market Share & Forecast, 2019 – 2025’, available with MarketStudyReport, aircraft refueling hose market is estimated to record a healthy CAGR over the forecast period 2019-2025.

As per report findings, growing air passenger traffic due to high disposable income, and rising defense budget in many countries are primarily driving aircraft refueling hose market growth. Moreover, continuous innovation by industry participants and growing partnerships with research organizations to develop advanced products are also bolstering the product uptake.

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Also, easy availability of built-in hose assembly with various types of hose diameters, coupled with use of advanced refueling products are likely to support industry demand over the upcoming years.

Based on application type, commercial aircraft segment captured a major share in aircraft refueling hose industry in the recent years, driven by high delivery volume of aircrafts across the globe, and increasing investment in purchase of new aircrafts.

Considering distribution channel, OEM (original equipment manufacturer) segment is anticipated to expand at a notable pace over 2019-2025, owing to heavy investments towards development of new technologies that facilitate manufacturing of lightweight and durable hose assembly, and the advent of new generation aircrafts.

From a regional perspective, North America industry is expected to hold a substantial revenue share by 2025. This can be attributed to increasing emphasis on strengthening the defense and military sectors.

Prominent players in aircraft refueling hose market are Pear Hose Corp., Parker Hannifin Corp., JGB Enterprises Inc., IVG Colbachini S.p.A., Husky Corp., FTI Consulting Inc., Elaflex Hiby GmbH & Co. KG, Eaton plc, Delafield Corp., Coxreels Holding LLC, Cobham Ltd., Becker & Associates Ltd., Apache Inc., Aljac Fuelling Components Ltd., and Aero-Hose Corp.