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Airport Fueling Equipment Market Size and Forecasts, Global and Regional Share, Trends, and Growth Opportunity Analysis Report Coverage: By Tanker Capacity, Aircraft Type, and Power Source
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Garsite, Titan Aviation, Fuel Proof Ltd, Esterer GmbH &Co, BETA Fueling Systems, Stokota, Air BP, Total Energies, Gaussin Emerson Electric Co. Ulrich Esterer GmbH &Co Fahrzeugaufbauten und Anlagen KG µîÀÌ °øÇ× ±ÞÀ¯ Àåºñ ½ÃÀåÀÇ ÁÖ¿ä ±â¾÷ÀÔ´Ï´Ù.
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The airport fueling equipment market was valued at US$ 184.8 million in 2022 and is projected to reach US$ 287.4 million by 2030; it is expected to grow at a CAGR of 5.7% during 2022-2030.
Many modernization and expansion projects have been initiated in various airports across North to accommodate the rising number of passengers and flights. These projects often involve investments in advanced fueling equipment to improve operational efficiency and capacity fueling station. In February 2023, the US Federal Aviation Administration (FAA) made an announcement to provide ~US$ 1 billion in funding for ninety-nine airports across the country. It is a significant step in supporting the aviation industry's recovery and preparing for increased air traffic. The funding is part of the US President's Bipartisan Infrastructure Law, which aims to bolster airport infrastructure and capacity to manage the growing number of passengers and flights. Thus, the presence of robust aviation industry, infrastructure development, technological advancements, sustainability efforts, and government support are a few factors that are creating a favorable environment for the airport fueling equipment market in north American region. As airports strive to enhance their operational efficiency and offer a seamless travel experience, the demand for innovative and efficient fueling equipment is expected to continue rising during the forecast period.
Apart from developed countries, the commercial aviation industry of developing countries of APAC such as India, China, Malaysia, and Indonesia are also witnessing rapid growth in the number of air passengers owing to the rising disposable income and improving lifestyle. Further, the growing ecommerce industry in these countries are further driving the growth of air cargo services. During the COVID-19 pandemic the air cargo services witnessed highest growth in last few decades. Thus, the growth in aviation industry of the APAC region is stimulating demand for the airport fueling equipment.
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 August 2022, Air Bp, an fueling services provider, introduced its all-electric refueling vehicle at Brisbane Airport. The capacity of the refueler is around 16,000 liters of fuel, with the ability for a full day operational with overnight charging.
Similarly, Shell has introduced a new 20,000-litre refueler with a fully electric fueling system at its Stuttgart Airport facility in Germany. Also, the company is developing the first semi-trailer hybrid refueller for the Lille Airport in France.
Furthermore, in May 2023, World Fuel Services introduced all-electric refueling trucks to operate at Toulon Hyeres Airport (TLN). These trucks will be used to distribute Sustainable Aviation Fuel (SAF) to business and commercial operators at the airport.
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's 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.
Garsite, Titan Aviation, Fuel Proof Ltd, Esterer GmbH & Co, BETA Fueling Systems, Stokota, Air BP, Total Energies, Gaussin Emerson Electric Co., Dr Ing. Ulrich Esterer GmbH & Co Fahrzeugaufbauten und Anlagen KG are among the key airport fueling equipment market players.
The overall airport fueling equipment market size has been derived using both primary and secondary sources. To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market. The process also serves the purpose of obtaining an overview and forecast of the airport fueling equipment market size with respect to all market segments. Also, multiple primary interviews have been conducted with industry participants and commentators to validate the data and gain more analytical insights. Participants of this process include VPs, business development managers, market intelligence managers, national sales managers, and external consultants-such as valuation experts, research analysts, and key opinion leaders-specializing in the airport fueling equipment market.
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Table Of Contents
1. Introduction
- 1.1 The Insight Partners 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. 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. Airport Fueling Equipment Market - Key Industry Dynamics
- 5.1 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
- 5.4.2 Increasing Number of Aircraft at Small 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 - Global Market Analysis
- 6.1 Airport Fueling Equipment Market Revenue (US$ Million), 2022 - 2030
- 6.2 Airport Fueling Equipment Market Forecast and Analysis
7. Airport Fueling Equipment Market Analysis - Tanker Capacity
- 7.1.1 Airport Fueling Equipment Market, By Tanker Capacity (2022 and 2030)
- 7.2 Below 5000 Litres
- 7.2.1 Overview
- 7.2.2 Below 5000 Litres Market, Revenue and Forecast to 2030 (US$ Million)
- 7.30-20000 Litres
- 7.3.1 Overview
- 7.3.20-20000 Litres Market, Revenue and Forecast to 2030 (US$ Million)
- 7.4 Above 20000 Litres
- 7.4.1 Overview
- 7.4.2 Above 20000 Litres Market Revenue and Forecast to 2030 (US$ Million)
8. Airport Fueling Equipment Market Analysis - Aircraft Type
- 8.1 Overview
- 8.1.1 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. Airport Fueling Equipment Market Analysis - Power Source
- 9.1 Overview
- 9.1.1 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. Airport Fueling Equipment Market - Geographical Analysis
- 10.1 Overview
- 10.2 North America
- 10.2.1 Overview
- 10.2.2 North America Airport Fueling Equipment Market Revenue and Forecasts to 2030 (US$ Mn)
- 10.2.3 North America Airport Fueling Equipment Market Breakdown by Tanker Capacity
- 10.2.4 North America: Airport Fueling Equipment Market, by Aircraft Type
- 10.2.5 North America: Airport Fueling Equipment Market, by Power Source
- 10.2.6 North America Airport Fueling Equipment Market Revenue and Forecasts and Analysis - By Country
- 10.2.6.1 North America Airport Fueling Equipment Market Revenue and Forecasts and Analysis - By Country
- 10.2.6.2 US Airport Fueling Equipment Market Revenue and Forecasts to 2030 (US$ Mn)
- 10.2.6.2.1 United States Airport Fueling Equipment Market Breakdown by Tanker Capacity
- 10.2.6.2.2 United States Airport Fueling Equipment Market Breakdown by Aircraft Type
- 10.2.6.2.3 United States Airport Fueling Equipment Market Breakdown by Power Source
- 10.2.6.3 Canada Airport Fueling Equipment Market Revenue and Forecasts to 2030 (US$ Mn)
- 10.2.6.3.1 Canada Airport Fueling Equipment Market Breakdown by Tanker Capacity
- 10.2.6.3.2 Canada Airport Fueling Equipment Market Breakdown by Aircraft Type
- 10.2.6.3.3 Canada Airport Fueling Equipment Market Breakdown by Power Source
- 10.2.6.4 Mexico Airport Fueling Equipment Market Revenue and Forecasts to 2030 (US$ Mn)
- 10.2.6.4.1 Mexico Airport Fueling Equipment Market Breakdown by Tanker Capacity
- 10.2.6.4.2 Mexico Airport Fueling Equipment Market Breakdown by Aircraft Type
- 10.2.6.4.3 Mexico Airport Fueling Equipment Market Breakdown by Power Source
- 10.3 Europe
- 10.3.1 Overview
- 10.3.2 Europe Airport Fueling Equipment Market Revenue and Forecasts to 2030 (US$ Mn)
- 10.3.3 Europe Airport Fueling Equipment Market Breakdown by Tanker Capacity
- 10.3.4 Europe: Airport Fueling Equipment Market, by Aircraft Type
- 10.3.5 Europe: Airport Fueling Equipment Market, by Power Source
- 10.3.6 Europe Airport Fueling Equipment Market Revenue and Forecasts and Analysis - By Country
- 10.3.6.1 Europe Airport Fueling Equipment Market Revenue and Forecasts and Analysis - By Country
- 10.3.6.2 Germany Airport Fueling Equipment Market Revenue and Forecasts to 2030 (US$ Mn)
- 10.3.6.2.1 Germany Airport Fueling Equipment Market Breakdown by Tanker Capacity
- 10.3.6.2.2 Germany Airport Fueling Equipment Market Breakdown by Aircraft Type
- 10.3.6.2.3 Germany Airport Fueling Equipment Market Breakdown by Power Source
- 10.3.6.3 France Airport Fueling Equipment Market Revenue and Forecasts to 2030 (US$ Mn)
- 10.3.6.3.1 France Airport Fueling Equipment Market Breakdown by Tanker Capacity
- 10.3.6.3.2 France Airport Fueling Equipment Market Breakdown by Aircraft Type
- 10.3.6.3.3 France Airport Fueling Equipment Market Breakdown by Power Source
- 10.3.6.4 Italy Airport Fueling Equipment Market Revenue and Forecasts to 2030 (US$ Mn)
- 10.3.6.4.1 Italy Airport Fueling Equipment Market Breakdown by Tanker Capacity
- 10.3.6.4.2 Italy Airport Fueling Equipment Market Breakdown by Aircraft Type
- 10.3.6.4.3 Italy Airport Fueling Equipment Market Breakdown by Power Source
- 10.3.6.5 UK Airport Fueling Equipment Market Revenue and Forecasts to 2030 (US$ Mn)
- 10.3.6.5.1 UK Airport Fueling Equipment Market Breakdown by Tanker Capacity
- 10.3.6.5.2 UK Airport Fueling Equipment Market Breakdown by Aircraft Type
- 10.3.6.5.3 UK Airport Fueling Equipment Market Breakdown by Power Source
- 10.3.6.6 Russia Airport Fueling Equipment Market Revenue and Forecasts to 2030 (US$ Mn)
- 10.3.6.6.1 Russia Airport Fueling Equipment Market Breakdown by Tanker Capacity
- 10.3.6.6.2 Russia Airport Fueling Equipment Market Breakdown by Aircraft Type
- 10.3.6.6.3 Russia Airport Fueling Equipment Market Breakdown by Power Source
- 10.3.6.7 Rest of Europe Airport Fueling Equipment Market Revenue and Forecasts to 2030 (US$ Mn)
- 10.3.6.7.1 Rest of Europe Airport Fueling Equipment Market Breakdown by Tanker Capacity
- 10.3.6.7.2 Rest of Europe Airport Fueling Equipment Market Breakdown by Aircraft Type
- 10.3.6.7.3 Rest of Europe Airport Fueling Equipment Market Breakdown by Power Source
- 10.4 Asia Pacific Airport Fueling Equipment Market
- 10.4.1 Overview
- 10.4.2 Asia Pacific Airport Fueling Equipment Market Revenue and Forecasts to 2030 (US$ Mn)
- 10.4.3 Asia Pacific Airport Fueling Equipment Market Breakdown by Tanker Capacity
- 10.4.4 Asia Pacific: Airport Fueling Equipment Market, by Aircraft Type
- 10.4.5 Asia Pacific: Airport Fueling Equipment Market, by Power Source
- 10.4.6 Asia Pacific Airport Fueling Equipment Market Revenue and Forecasts and Analysis - By Country
- 10.4.6.1 Asia Pacific Airport Fueling Equipment Market Revenue and Forecasts and Analysis - By Country
- 10.4.6.2 Australia Airport Fueling Equipment Market Revenue and Forecasts to 2030 (US$ Mn)
- 10.4.6.2.1 Australia Airport Fueling Equipment Market Breakdown by Tanker Capacity
- 10.4.6.2.2 Australia Airport Fueling Equipment Market Breakdown by Aircraft Type
- 10.4.6.2.3 Australia Airport Fueling Equipment Market Breakdown by Power Source
- 10.4.6.3 China Airport Fueling Equipment Market Revenue and Forecasts to 2030 (US$ Mn)
- 10.4.6.3.1 China Airport Fueling Equipment Market Breakdown by Tanker Capacity
- 10.4.6.3.2 China Airport Fueling Equipment Market Breakdown by Aircraft Type
- 10.4.6.3.3 China Airport Fueling Equipment Market Breakdown by Power Source
- 10.4.6.4 India Airport Fueling Equipment Market Revenue and Forecasts to 2030 (US$ Mn)
- 10.4.6.4.1 India Airport Fueling Equipment Market Breakdown by Tanker Capacity
- 10.4.6.4.2 India Airport Fueling Equipment Market Breakdown by Aircraft Type
- 10.4.6.4.3 India Airport Fueling Equipment Market Breakdown by Power Source. Error! Bookmark not defined.
- 10.4.6.5 Japan Airport Fueling Equipment Market Revenue and Forecasts to 2030 (US$ Mn)
- 10.4.6.5.1 Japan Airport Fueling Equipment Market Breakdown by Tanker Capacity
- 10.4.6.5.2 Japan Airport Fueling Equipment Market Breakdown by Aircraft Type
- 10.4.6.5.3 Japan Airport Fueling Equipment Market Breakdown by Power Source
- 10.4.6.6 South Korea Airport Fueling Equipment Market Revenue and Forecasts to 2030 (US$ Mn)
- 10.4.6.6.1 South Korea Airport Fueling Equipment Market Breakdown by Tanker Capacity
- 10.4.6.6.2 South Korea Airport Fueling Equipment Market Breakdown by Aircraft Type
- 10.4.6.6.3 South Korea Airport Fueling Equipment Market Breakdown by Power Source
- 10.4.6.7 Rest of Asia Pacific Airport Fueling Equipment Market Revenue and Forecasts to 2030 (US$ Mn)
- 10.4.6.7.1 Rest of Asia Airport Fueling Equipment Market Breakdown by Tanker Capacity
- 10.4.6.7.2 Rest of Asia Airport Fueling Equipment Market Breakdown by Aircraft Type
- 10.4.6.7.3 Rest of Asia Airport Fueling Equipment Market Breakdown by Power Source
- 10.5 Middle East & Africa
- 10.5.1 Overview
- 10.5.2 Middle East & Africa Airport Fueling Equipment Market Revenue and Forecasts to 2030 (US$ Mn)
- 10.5.3 Middle East & Africa Airport Fueling Equipment Market Breakdown by Tanker Capacity
- 10.5.4 Middle East & Africa: Airport Fueling Equipment Market, by Aircraft Type
- 10.5.5 Middle East & Africa: Airport Fueling Equipment Market, by Power Source
- 10.5.6 Middle East & Africa Airport Fueling Equipment Market Revenue and Forecasts and Analysis - By Country
- 10.5.6.1 Middle East & Africa Airport Fueling Equipment Market Revenue and Forecasts and Analysis - By Country
- 10.5.6.2 South Africa Airport Fueling Equipment Market Revenue and Forecasts to 2030 (US$ Mn)
- 10.5.6.2.1 South Africa Airport Fueling Equipment Market Breakdown by Tanker Capacity
- 10.5.6.2.2 South Africa Airport Fueling Equipment Market Breakdown by Aircraft Type
- 10.5.6.2.3 South Africa Airport Fueling Equipment Market Breakdown by Power Source
- 10.5.6.3 Saudi Arabia Airport Fueling Equipment Market Revenue and Forecasts to 2030 (US$ Mn)
- 10.5.6.3.1 Saudi Arabia Airport Fueling Equipment Market Breakdown by Tanker Capacity
- 10.5.6.3.2 Saudi Arabia Airport Fueling Equipment Market Breakdown by Aircraft Type
- 10.5.6.3.3 Saudi Arabia Airport Fueling Equipment Market Breakdown by Power Source
- 10.5.6.4 UAE Airport Fueling Equipment Market Revenue and Forecasts to 2030 (US$ Mn)
- 10.5.6.4.1 UAE Airport Fueling Equipment Market Breakdown by Tanker Capacity
- 10.5.6.4.2 UAE Airport Fueling Equipment Market Breakdown by Aircraft Type
- 10.5.6.4.3 UAE Airport Fueling Equipment Market Breakdown by Power Source
- 10.5.6.5 Rest of MEA Airport Fueling Equipment Market Revenue and Forecasts to 2030 (US$ Mn)
- 10.5.6.5.1 Rest of MEA Airport Fueling Equipment Market Breakdown by Tanker Capacity
- 10.5.6.5.2 Rest of MEA Airport Fueling Equipment Market Breakdown by Aircraft Type
- 10.5.6.5.3 Rest of MEA Airport Fueling Equipment Market Breakdown by Power Source
- 10.6 South America
- 10.6.1 Overview
- 10.6.2 South America Airport Fueling Equipment Market Revenue and Forecasts to 2030 (US$ Mn)
- 10.6.3 South America Airport Fueling Equipment Market Breakdown by Tanker Capacity
- 10.6.4 South America: Airport Fueling Equipment Market, by Aircraft Type
- 10.6.5 South America: Airport Fueling Equipment Market, by Power Source
- 10.6.6 South America Airport Fueling Equipment Market Revenue and Forecasts and Analysis - By Countries
- 10.6.6.1 Brazil Airport Fueling Equipment Market Revenue and Forecasts to 2030 (US$ Mn)
- 10.6.6.1.1 Brazil Airport Fueling Equipment Market Breakdown by Tanker Capacity
- 10.6.6.1.2 Brazil Airport Fueling Equipment Market Breakdown by Aircraft Type
- 10.6.6.1.3 Brazil Airport Fueling Equipment Market Breakdown by Power Source
- 10.6.6.2 Argentina Airport Fueling Equipment Market Revenue and Forecasts to 2030 (US$ Mn)
- 10.6.6.2.1 Argentina Airport Fueling Equipment Market Breakdown by Tanker Capacity
- 10.6.6.2.2 Argentina Airport Fueling Equipment Market Breakdown by Aircraft Type
- 10.6.6.2.3 Argentina Airport Fueling Equipment Market Breakdown by Power Source
- 10.6.6.3 Rest of SAM Airport Fueling Equipment Market Revenue and Forecasts to 2030 (US$ Mn)
- 10.6.6.3.1 Rest of SAM Airport Fueling Equipment Market Breakdown by Tanker Capacity
- 10.6.6.3.2 Rest of SAM Airport Fueling Equipment Market Breakdown by Aircraft Type
- 10.6.6.3.3 Rest of SAM Airport Fueling Equipment Market Breakdown by Power Source
11. Airport Fueling Equipment Market - Impact of COVID-19 Pandemic
- 11.1 Pre & Post Covid-19 Impact
12. Competitive Landscape
- 12.1 Company Positioning & Concentration
13. Industry Landscape
- 13.1 Overview
- 13.2 Market Initiative
- 13.3 Product Development
- 13.4 Mergers & Acquisitions
14. Company Profiles
- 14.1 Garsite Progress LLC
- 14.1.1 Key Facts
- 14.1.2 Business Description
- 14.1.3 Products and Services
- 14.1.4 Financial Overview
- 14.1.5 SWOT Analysis
- 14.1.6 Key Developments
- 14.2 Titan Aviation SA
- 14.2.1 Key Facts
- 14.2.2 Business Description
- 14.2.3 Products and Services
- 14.2.4 Financial Overview
- 14.2.5 SWOT Analysis
- 14.2.6 Key Developments
- 14.3 Fuel Proof Ltd
- 14.3.1 Key Facts
- 14.3.2 Business Description
- 14.3.3 Products and Services
- 14.3.4 Financial Overview
- 14.3.5 SWOT Analysis
- 14.3.6 Key Developments
- 14.4 Dr Ing. Ulrich Esterer GmbH & Co Fahrzeugaufbauten und Anlagen KG
- 14.4.1 Key Facts
- 14.4.2 Business Description
- 14.4.3 Products and Services
- 14.4.4 Financial Overview
- 14.4.5 SWOT Analysis
- 14.4.6 Key Developments
- 14.5 BETA Fueling Systems LLC
- 14.5.1 Key Facts
- 14.5.2 Business Description
- 14.5.3 Products and Services
- 14.5.4 Financial Overview
- 14.5.5 SWOT Analysis
- 14.5.6 Key Developments
- 14.6 Stokota NV
- 14.6.1 Key Facts
- 14.6.2 Business Description
- 14.6.3 Products and Services
- 14.6.4 Financial Overview
- 14.6.5 SWOT Analysis
- 14.6.6 Key Developments
- 14.7 General Transervice Inc
- 14.7.1 Key Facts
- 14.7.2 Business Description
- 14.7.3 Products and Services
- 14.7.4 Financial Overview
- 14.7.5 SWOT Analysis
- 14.7.6 Key Developments
- 14.8 BP Plc
- 14.8.1 Key Facts
- 14.8.2 Business Description
- 14.8.3 Products and Services
- 14.8.4 Financial Overview
- 14.8.5 SWOT Analysis
- 14.8.6 Key Developments
- 14.9 TotalEnergies SE
- 14.9.1 Key Facts
- 14.9.2 Business Description
- 14.9.3 Products and Services
- 14.9.4 Financial Overview
- 14.9.5 SWOT Analysis
- 14.9.6 Key Developments
- 14.10 Gaussin SA
- 14.10.1 Key Facts
- 14.10.2 Business Description
- 14.10.3 Products and Services
- 14.10.4 Financial Overview
- 14.10.5 SWOT Analysis
- 14.10.6 Key Developments
15. Appendix
- 15.1 About The Insight Partners
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