The worldwide aerial refueling systems market, which allows aircraft to refuel while in flight, was valued at USD 535.8 million in 2020. However, due to the global impact of the COVID-19 pandemic, there was a decrease in demand for these systems worldwide. Despite this, the market is expected to recover and grow in the coming years. It is projected to reach USD 743.8 million by 2028, with a compound annual growth rate (CAGR) of 4.53% from 2021 to 2028. In 2020, the market experienced a modest growth of 1.12% compared to the average year-on-year growth between 2017 and 2019.

Informational Source:

https://www.fortunebusinessinsights.com/aerial-refueling-systems-market-105152

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Major Key Companies Covered in Aerial Refueling Systems Market are:

Aerial refueling, also known as air-to-air refueling (AAR), is a complex and fascinating technology that extends the range and operational capabilities of military aircraft. This report delves beyond the basics, exploring unique aspects of these systems, from cutting-edge developments to historical oddities.

Beyond the Boom: Alternative Refueling Techniques

While the boom and drogue method dominates modern AAR, several alternative techniques have been explored throughout history and continue to be investigated for specific applications.