North America Airport Fueling Equipment Market Forecast to 2030

North America Airport Fueling Equipment Market Forecast to 2030

North America Airport Fueling Equipment Market Forecast to 2030 – Regional Analysis – By Tanker Capacity (Below 5,000 Liters; 5,000–20,000 Liters; and Above 20,000 Liters), Aircraft Type (Civil Aircraft and Military Aircraft), and Power Source (Electric and Non-Electric).

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Description

The North America airport fueling equipment market is expected to grow from US$ 69.68 million in 2022 to US$ 104.11 million by 2030. It is estimated to grow at a CAGR of 5.1% from 2022 to 2030.

Advent of the Electric Refuelers Fuel North America Airport Fueling Equipment Market

The key manufacturers in the market are focusing on developing all-electric refueling vehicles. Key fueling services providers such as Shell, BP, World Fuel, and Envirotech Vehicles (EVTV), among others, are offering electric power fueling equipment to airports to decarbonize their operations and adopt sustainable practices. For instances, In February 2023, Envirotech Vehicles (EVTV), a US-based manufacturer of purpose-built electric vehicles, delivered two 900-gal Avgas refuelers at FBO Atlantic Aviation. It is the first all-electric aircraft refueler to Atlantic Aviation. Such rising development in the field of electric airport refueling equipment might be the key future trend of the market during the forecasted period of 2023-2030.

North America Airport Fueling Equipment Market Overview

North America heavily invests in commercial and defense sectors to address the increasing demand for aircraft fleets for international travel and defense strengthening. Additionally, as North America attracts numerous technological developments due to presence of prominent manufacturers, the demand for airport fueling equipment is growing rapidly in the region. With an increasing number of airports and aircraft, the demand for airport fueling equipment and services is also rising to ensure safe flight operations. Most of the countries in the region have a significant number of air flights and airports.

North America Airport Fueling Equipment Market Revenue and Forecast to 2030 (US$ Million)

North America Airport Fueling Equipment Market Segmentation

The North America airport fueling equipment market is segmented into tanker capacity, aircraft type, power source, and country .

Based on tanker capacity, the North America airport fueling equipment market is segmented into Below 5000 liters, 5000-20000 liters, and Above 20000 liters. The 5000-20000 liters held the largest share of the North America airport fueling equipment market in 2022.

In terms of aircraft type, the North America airport fueling equipment market is bifurcated into civil aircraft and military aircraft. The civil aircraft segment held a larger share of the North America airport fueling equipment market in 2022.

Based on power source, the North America airport fueling equipment market is bifurcated into electric and non-electric. The non-electric segment held a larger share of the North America airport fueling equipment market in 2022.

By country, the North America airport fueling equipment market is segmented int o the US, Canada, and Mexico. The US dominated the North America airport fueling equipment market in 2022.

Garsite Progress LLC; Titan Aviation SA; Fuel Proof Ltd; BETA Fueling Systems LLC; General Transervice Inc; BP Plc; and TotalEnergies SE are some of the leading companies operating in the North America airport fueling equipment market.

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At 5.1% CAGR, the North America Airport Fueling Equipment Market is Speculated to be Worth US$ 104.11 million by 2030, says The Research Team

According to The Research Team’ research, the North America airport fueling equipment market was valued at US$ 69.68 million in 2022 and is expected to reach US$ 104.11 million by 2030, registering a CAGR of 5.1% from 2022 to 2030. Accentuating aircraft order and delivery volumes and rising investment in airport projects attributed to the North America airport fueling equipment market expansion.

The aviation industry is maturing at a rapid rate over the years, recording a significant number of production and deliveries of aircraft (commercial and military) fleet. The commercial aviation industry is on a tremendous rise over the past few years with the emergence of low-cost carriers (LCCs) and expansion strategies of fleet adopted by the full-service carriers (FSCs). These two factors have showcased massive order volumes on various commercial aircraft manufacturers across the world. Commercial aviation is foreseen to surge in the coming years with an increase in air travel passengers and aircraft volumes. This factor is anticipated to drive the number international flights, thereby boosting the demand for new airport fueling equipment at airports. Airbus and Boeing are the two aircraft manufacturing giants with significantly higher volumes of orders and delivery statistics. These two aircraft original equipment manufacturers (OEMs) are continuously encountering orders for various aircraft models from different civil airlines. The tremendous rise in procurement of aircraft by Boeing and Airbus is one of the most crucial driving factors for the growth of the North America Airport Fueling Equipment Market. As with the increasing number of aircraft and airports, the demand for fueling equipment will also rise.

On the contrary, enhanced lifespan and high capital investment hampers the North America airport fueling equipment market.

Based on tanker capacity, the North America airport fueling equipment market is segmented into Below 5000 liters, 5000-20000 liters, and Above 20000 liters. The 5000-20000 liters segment held 52.6% share of North America airport fueling equipment market in 2022, amassing US$ 36.67 million. It is projected to garner US$ 56.64 million by 2030 to expand at 5.6% CAGR during 2022–2030.

In terms of aircraft type, the North America airport fueling equipment market is bifurcated into civil aircraft and military aircraft. The civil aircraft segment held 74.4% share of North America airport fueling equipment market in 2022, amassing US$ 51.86 million. It is projected to garner US$ 79.20 million by 2030 to expand at 5.4% CAGR during 2022–2030.

Based on power source, the North America airport fueling equipment market is bifurcated into electric and non-electric. The non-electric segment held 88.7% share of North America airport fueling equipment market in 2022, amassing US$ 61.79 million. It is projected to garner US$ 88.12 million by 2030 to expand at 4.5% CAGR during 2022–2030.

By country, the North America airport fueling equipment market has been categorized into the US, Canada, and Mexico. Our regional analysis states that the US captured 63.0% share of North America airport fueling equipment market in 2022. It was assessed at US$ 43.93 million in 2022 and is likely to hit US$ 68.45 million by 2030, exhibiting a CAGR of 5.7% during 2022–2030.

Key players operating the North America airport fueling equipment market are Garsite Progress LLC; Titan Aviation SA; Fuel Proof Ltd; BETA Fueling Systems LLC; General Transervice Inc; BP Plc; and TotalEnergies SE, among others.

o Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the North America airport fueling equipment market.
o Highlights key business priorities to assist companies to realign their business strategies.
o The key findings and recommendations highlight crucial progressive industry trends in North America airport fueling equipment market, thereby allowing players across the value chain to develop effective long-term strategies.
o Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
o Scrutinize in-depth North America market trends and outlook coupled with the factors driving the market, as well as those hindering it.
o Enhance the decision-making process by understanding the strategies that underpin security interest with respect to client products, segmentation, pricing, and distribution.

TABLE OF CONTENTS

1. Introduction
1.1 The Research Team Research Report Guidance
1.2 Market Segmentation
2. Executive Summary
2.1 Key Insights
2.2 Market Attractiveness
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. North America Airport Fueling Equipment Market Landscape
4.1 Overview
4.2 PORTER’S Analysis
4.3 Ecosystem Analysis
4.3.1 Component Supplier
4.3.2 Equipment Manufacturer
4.3.3 Service Providers
4.3.4 End Users
5. North America Airport Fueling Equipment Market – Key Industry Dynamics
5.1 North America Airport Fueling Equipment Market – Key Industry Dynamics
5.2 Market Drivers
5.2.1 Accentuating Aircraft Order and Delivery Volumes
5.2.2 Rising Investment in Airport Projects
5.3 Market Restraints
5.3.1 Enhanced Lifespan and High Capital Investment
5.4 Market Opportunities
5.4.1 Rising Demand from the Emerging Countries for Airports
5.5 Future Trends
5.5.1 Advent of the Electric Refuelers
5.6 Impact of Drivers and Restraints:
6. Airport Fueling Equipment Market – North America Market Analysis
6.1 North America Airport Fueling Equipment Market Revenue (US$ Million), 2022 – 2030
6.2 North America Airport Fueling Equipment Market Forecast and Analysis
7. North America Airport Fueling Equipment Market Analysis – Tanker Capacity
7.1.1 North America Airport Fueling Equipment Market, By Tanker Capacity (2022 and 2030)
7.2 Below 5000 Liters
7.2.1 Overview
7.2.2 Below 5000 Liters Market, Revenue and Forecast to 2030 (US$ Million)
7.30-20000 Liters
7.3.1 Overview
7.3.20-20000 Liters Market, Revenue and Forecast to 2030 (US$ Million)
7.4 Above 20000 Liters
7.4.1 Overview
7.4.2 Above 20000 Liters Market Revenue and Forecast to 2030 (US$ Million)
8. North America Airport Fueling Equipment Market Analysis – Aircraft Type
8.1 Overview
8.1.1 North America Airport Fueling Equipment Market, By Aircraft Type (2022 and 2030)
8.2 Civil Aircraft
8.2.1 Overview
8.2.2 Civil Aircraft Market Revenue, and Forecast to 2030 (US$ Million)
8.3 Military Aircraft
8.3.1 Overview
8.3.2 Military Aircraft Market Revenue, and Forecast to 2030 (US$ Million)
9. North America Airport Fueling Equipment Market Analysis – Power Source
9.1 Overview
9.1.1 North America Airport Fueling Equipment Market, By Power Source (2022 and 2030)
9.2 Electric
9.2.1 Overview
9.2.2 Electric Market Revenue, and Forecast to 2030 (US$ Million)
9.3 Non-Electric
9.3.1 Overview
9.3.2 Non-Electric Market Revenue, and Forecast to 2030 (US$ Million)
10. North America Airport Fueling Equipment Market – Country Analysis
10.1 North America
10.1.1 Overview
10.1.2 North America Airport Fueling Equipment Market, By Key Country- Revenue 2022 (US$ Mn)
10.1.3 North America Airport Fueling Equipment Market Revenue and Forecasts and Analysis – By Country
10.1.3.1 North America Airport Fueling Equipment Market Revenue and Forecasts and Analysis – By Country
10.1.3.2 US North America Airport Fueling Equipment Market Revenue and Forecasts to 2030 (US$ Mn)
10.1.3.2.1 United States Airport Fueling Equipment Market Breakdown by Tanker Capacity
10.1.3.2.2 United States Airport Fueling Equipment Market Breakdown by Aircraft Type
10.1.3.2.3 United States Airport Fueling Equipment Market Breakdown by Power Source
10.1.3.3 Canada Airport Fueling Equipment Market Revenue and Forecasts to 2030 (US$ Mn)
10.1.3.3.1 Canada Airport Fueling Equipment Market Breakdown by Tanker Capacity
10.1.3.3.2 Canada Airport Fueling Equipment Market Breakdown by Aircraft Type
10.1.3.3.3 Canada Airport Fueling Equipment Market Breakdown by Power Source
10.1.3.4 Mexico Airport Fueling Equipment Market Revenue and Forecasts to 2030 (US$ Mn)
10.1.3.4.1 Mexico Airport Fueling Equipment Market Breakdown by Tanker Capacity
10.1.3.4.2 Mexico Airport Fueling Equipment Market Breakdown by Aircraft Type
10.1.3.4.3 Mexico Airport Fueling Equipment Market Breakdown by Power Source
11. Industry Landscape
11.1 Overview
11.2 Market Initiative
11.3 Product Development
11.4 Mergers & Acquisitions
12. Company Profiles
12.1 Garsite Progress LLC
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Titan Aviation SA
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Fuel Proof Ltd
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 BETA Fueling Systems LLC
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 General Transervice Inc
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 BP Plc
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 TotalEnergies SE
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
13. Appendix
13.1 About The Research Team

LIST OF TABLES

Table 1. North America Airport Fueling Equipment Market Segmentation
Table 2. Aircraft Orders and Deliveries, by Boeing and Airbus, 2020, 2021, and 2022
Table 3. North America Airport Fueling Equipment Market Revenue and Forecasts To 2030 (US$ Million)
Table 4. North America Airport Fueling Equipment Market Revenue and Forecasts To 2030 (US$ Million) – Tanker Capacity
Table 5. North America Airport Fueling Equipment Market Revenue and Forecasts To 2030 (US$ Million) – Aircraft Type
Table 6. North America Airport Fueling Equipment Market Revenue and Forecasts To 2030 (US$ Million) – Power Source
Table 7. North America Airport Fueling Equipment Market Revenue and Forecasts To 2030 (US$ Mn) – By Country
Table 8. United States Airport Fueling Equipment Market Revenue And Forecasts To 2030 (US$ Mn) – Tanker Capacity
Table 9. United States Airport Fueling Equipment Market Revenue And Forecasts To 2030 (US$ Mn) – Aircraft Type
Table 10. United States Airport Fueling Equipment Market Revenue And Forecasts To 2030 (US$ Mn) – Power Source
Table 11. Canada Airport Fueling Equipment Market Revenue And Forecasts To 2030 (US$ Mn) – Tanker Capacity
Table 12. Canada Airport Fueling Equipment Market Revenue And Forecasts To 2030 (US$ Mn) – Aircraft Type
Table 13. Canada Airport Fueling Equipment Market Revenue And Forecasts To 2030 (US$ Mn) – Power Source
Table 14. Mexico Airport Fueling Equipment Market Revenue And Forecasts To 2030 (US$ Mn) – Tanker Capacity
Table 15. Mexico Airport Fueling Equipment Market Revenue And Forecasts To 2030 (US$ Mn) – Aircraft Type
Table 16. Mexico Airport Fueling Equipment Market Revenue And Forecasts To 2030 (US$ Mn) – Power Source

LIST OF FIGURES

Figure 1. North America Airport Fueling Equipment Market Segmentation, By Country
Figure 2. PORTER’S Analysis
Figure 3. Ecosystem: North America Airport Fueling Equipment Market
Figure 4. Impact Analysis of Drivers and Restraints
Figure 5. North America Airport Fueling Equipment Market Revenue (US$ Million), 2022 – 2030
Figure 6. North America Airport Fueling Equipment Market Share (%) – Tanker Capacity, 2022 and 2030
Figure 7. Below 5000 Liters Market Revenue and Forecasts To 2030 (US$ Million)
Figure 8.0-20000 Liters Market Revenue and Forecasts To 2030 (US$ Million)
Figure 9. Above 20000 Liters Market Revenue and Forecasts To 2030 (US$ Million)
Figure 10. North America Airport Fueling Equipment Market Share (%) – Aircraft Type, 2022 and 2030
Figure 11. Civil Aircraft Market Revenue and Forecasts To 2030 (US$ Million)
Figure 12. Military Aircraft Market Revenue and Forecasts To 2030 (US$ Million)
Figure 13. North America Airport Fueling Equipment Market, By Power Source (2022 and 2030)
Figure 14. Electric Market Revenue and Forecasts To 2030 (US$ Million)
Figure 15. Non-Electric Market Revenue and Forecasts To 2030 (US$ Million)
Figure 16. North America Airport Fueling Equipment Market, by Key country- Revenue 2022 (US$ Mn)
Figure 17. North America Airport Fueling Equipment Market Breakdown by Key Country, 2022 and 2030 (%)
Figure 18. US North America Airport Fueling Equipment Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 19. Canada Airport Fueling Equipment Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 20. Mexico Airport Fueling Equipment Market Revenue and Forecasts To 2030 (US$ Mn)

The List of Companies – North America Airport Fueling Equipment Market

o Garsite Progress LLC
o Titan Aviation SA
o Fuel Proof Ltd
o BETA Fueling Systems LLC
o General Transervice Inc
o BP Plc
o TotalEnergies SE

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