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The market is experiencing a significant shift towards enhanced safety features, driven by evolving aviation safety standards and stricter regulatory requirements. Manufacturers are developing hoses with advanced materials and designs to minimize leak and spill risks, crucial for safe refueling operations. Innovations gaining traction include double-walled hoses, anti-static materials, and integrated monitoring systems for real-time pressure and temperature tracking. Features such as quick-disconnect couplings and automatic shut-off mechanisms are being implemented to prevent accidents during fueling processes. This focus on safety not only ensures compliance with stringent aviation regulations but also builds confidence among airlines and refueling service providers, increasing demand for hoses that prioritize operational safety and reliability in fuel handling.
The global market size for aircraft refueling hose was valued at approximately USD 2.3 billion in 2023 and is estimated to grow at a 4.6% CAGR from 2024 to 2032, driven by the expanding aviation industry.
The aircraft refueling hose industry from rubber material segment held a 39.16% market share in 2023 and is anticipated to grow at a 5.3% CAGR during the forecast period due to its flexibility and durability.
Major companies in the industry include Colex International, Eaton, Flexaust, Gates, Kanaflex, Kurt Manufacturing, Kuriyama, Norres Schlauchtechnik, Pacific Echo, Parker Hannifin, RYCO Hydraulics, Semperit, Titeflex, Transfer Oil, and Trelleborg.
North America market recorded a 32.5% market share in 2023 and is projected to grow at a 5% CAGR, driven by high air traffic volume and the expansion of airline routes.