Commercial aviation has weathered many downturns in the past, yet the recovery has followed quickly and the industry has been reliably returned to its long-term growth rate of approximately 5 percent per year. Despite uncertainties, 2011 passenger tr ....see more
The precision-guided munitions market is expected to grow from USD 37.24 billion in 2025 to USD 49.71 billion by 2030, at a compound annual growth rate (CAGR) of 5.9% during the forecast period. The Key Players Northrop Grumman (US), RTX (US), General Dynamics Corporation (US), BAE Systems (UK), Lockheed Martin Corporation (US), MBDA (France), Israel Aerospace Industries (Israel), QinetiQ (UK), Boeing (US), and Aselsan AS (Turkey).
The unmanned surface vehicles market is expected to grow from USD 0.82 billion in 2025 to USD 1.59 billion by 2030, at a compound annual growth rate (CAGR) of 14.1% during the forecast period. The Key Players L3Harris Technologies, Inc. (US), Teledyne Technologies Incorporated (US), Textron Inc. (US), Exail Technologies (France), Elbit Systems Ltd (Israel), MARTAC (US), Thales (France), LIG Nex1 (South Korea), ATLAS ELEKTRONIK GmbH (Germany), Saildrone, Inc. (US), Seafloor Systems, Inc (US), BAE Systems (UK), KONGSBERG (Norway), Israel Aerospace Industries Ltd. (Israel), Bharat Electronics Limited (BEL) (India), and SEA-KIT International (UK).
The global aircraft fuel systems market is expected to grow from USD 10.17 billion in 2025 to USD 11.63 billion by 2030, at a compound annual growth rate (CAGR) of 2.7% during the forecast period. The Key Players Parker Hannifin Corporation (US), RTX (US), Eaton Corporation (Ireland), Safran (France), and Woodward Inc.
The military vehicle electrification market is expected to grow from USD 3.47 billion in 2025 to USD 6.82 billion by 2030, at a compound annual growth rate (CAGR) of 14.5% during the forecast period. The Key Players Oshkosh Corporation (US), GM Defense LLC (US), General Dynamics Corporation (US), BAE Systems (UK), Leonardo S.p.A. (Italy), Textron Inc. (US), ST Engineering (Singapore), Qinetiq (UK), Polaris Inc. (US), ASELSAN AS (Turkey), Otokar (Turkey), and Krauss-Maffei Wegmann (Germany).
The dynamic positioning system market is expected to grow from USD 6.36 billion in 2025 to USD 8.65 billion by 2030, at a compound annual growth rate (CAGR) of 6.3% during the forecast period. The Key Players Kongsberg Maritime (Norway), Wärtsilä (Finland), GE Vernova (US), ABB (Switzerland), Sirehna (France), NAVIS (Russia), Rolls-Royce plc (UK), RH Marine Netherlands B.V. (Netherlands), Praxis Automation Technology B.V. (Netherlands), Japan Radio Co. (Japan), Royal IHC (Netherlands), Brunvoll AS (Norway), Twin Disc, Inc. (US), AB Volvo Penta (Sweden), and L3Harris Technologies, Inc. (US).
The sustainable aviation fuel market is expected to grow from USD 2.06 billion in 2025 to USD 25.62 billion by 2030, at a compound annual growth rate (CAGR) of 65.5% during the forecast period. The Key Players Neste (Finland), Shell (UK), TotalEnergies (France), OMV Aktiengesellschaft (Austria), and World Energy, LLC (UK).
The small drones market is expected to grow from USD 6.40 billion in 2025 to USD 11.25 billion by 2030, at a compound annual growth rate (CAGR) of 11.9% during the forecast period. The Key Players DJI (US), Boeing (US), Lockheed Martin Corporation (US), Parrot Drone SAS (France), RTX (US), Northrop Grumman (US), Israel Aerospace Industries (Israel), BAE Systems (UK), AeroVironment, Inc. (US), and Elbit Systems Ltd.(Israel).
The aircraft sensors market is expected to grow from USD 7.36 billion in 2025 to USD 9.33 billion by 2030, at a compound annual growth rate (CAGR) of 4.9% during the forecast period. The Key Players Honeywell International, Inc. (US), Safran (France), TE Connectivity Ltd. (Switzerland), Meggitt Plc. (UK), and AMETEK, Inc. (US).
The space cybersecurity market is expected to grow from USD 4.52 billion in 2024 to USD 6.96 billion by 2029, at a compound annual growth rate (CAGR) of 9.0% during the forecast period. The Key Players Thales (France), Leonardo S.p.A. (Italy), Lockheed Martin Corporation (US), General Dynamics Corporation (US), Booz Allen Hamilton (US), SpiderOak Inc. (US), Leidos Holdings, Inc. (US), BAE Systems plc (UK), and Airbus (Netherlands).
The Defense Platforms and Systems Outlook is expected to grow from USD 2,240.0 billion in 2023 to USD 2,460.0 billion in 2024, at a compound annual growth rate (CAGR) of 7.4% during the forecast period. The Key Players Northrop Grumman Corporation (US), BAE Systems (UK), Lockheed Martin Corporation (US), Rheinmetall AG (Germany), Oshkosh Corporation (US), Hanwha Defense (South Korea).
The Cabin Management System market is expected to grow from USD 1.39 billion in 2024 to USD 1.88 billion by 2029, at a compound annual growth rate (CAGR) of 6.2% during the forecast period. The Key Players RTX(US), Honeywell International Inc(US)., Lufthansa Technik(Germany), Airbus(France) and Diehl Stiftung & Co. KG (Germany).
The Aircraft Lighting market is expected to grow from USD 1.98 billion in 2024 to USD 2.68 billion by 2029, at a compound annual growth rate (CAGR) of 6.2%. during the forecast period. The Key Players RTX (US), Astronics Corporation (US), Diehl Stiftung & Co. KG (Germany), Honeywell International Inc.(US), Heads Up Technologies (US), Bruce Aerospace (US), Whelen Aerospace Technologies (US) and Thales (France).
The 3D-printed drones market is expected to grow from USD 707 million in 2024 to USD 1,891 million by 2029, at a compound annual growth rate (CAGR) of 21.8% during the forecast period.The key players Boeing (US), Parrot Drone SAS (France), General Atomics (US), and AeroVironment, Inc. (US).
The drone communication market is expected to grow from USD 2.46 billion in 2024 to USD 3.67 billion by 2029, at a compound annual growth rate (CAGR) of 8.3% during the forecast period. The Key Players DJI (US), RTX (US), Northrop Grumman (US), Israel Aerospace Industries (Israel), and L3Harris Technologies, Inc. (US).
The Airport Systems market is expected to grow from USD 32.28 billion in 2024 to USD 50.27 billion by 2030, at a compound annual growth rate (CAGR) of 7.7%. during the forecast period. The Key Players SITA (Switzerland), Amadeus IT Group SA (Spain), RTX (US), Thales (France), Vanderlande Industries B.V. (Netherlands), Honeywell International, Inc. (US), Leidos (US), Indra (Spain), TAV Technologies (Turkey), Oshkosh AeroTech (US), Siemens AG (Germany), ADB SAFEGATE (Belgium), NEC Corporation (Japan), RESA (France), TK Elevator (Germany), Daifuku Co., Ltd. (Japan), Damarel Systems International Ltd (UK), BEUMER Group (Germany) and Deustche Telekom AG (Germany).
The satellite communication (SATCOM) equipment market is expected to grow from USD 24.27 billion in 2024 to USD 41.51 billion by 2029, at a CAGR of 11.3% during the forecast period. The SATCOM equipment market is dominated by a few globally established players such Echostar Corporation (US), L3Harris Technologies, Inc. (US), Thales (France), RTX (US), General Dynamics Corporation (US), Cobham Satcom (Denmark), Honeywell International Inc. (US), Viasat, Inc. (US), Gilat Satellite Networks (Israel), Aselsan A.S (Turkey), Iridium Communication Inc. (US), Intellian Technologies Inc. ( South Korea), ST Engineering (Singapore), SpaceX (US), Elbit Systems Ltd. (Israel), Campbell Scientific, Inc. (US), ND SatCom GmbH ( Germany), among others.
The ultralight and light aircraft market is projected to reach USD 17.29 billion by 2029 at a CAGR of 11.2% during the forecast period. Major players operating in the ultralight and light aircraft market are Bell Helicopters (US), Pilatus Aircraft(Switzerland), Air Tractor (US), Flight Design General Aviation (Germany), ,Textron Inc. (US) , Aeropro (Slovakia), Autogyro (Germany).These key players offer ultralight and light aircrafts across regions, and have well-equipped and strong distribution networks across the North American, European, Asia Pacific, Latin American, Middle East and African regions.
The Space Propulsion market is expected to grow from USD 10.21 billion in 2024 to USD 20.02 billion by 2030, at a compound annual growth rate (CAGR) of 11.9% during the forecast period. The key players Northrop Grumman (US), Safran SA (France), SpaceX (US), L3Harris Technologies, Inc. (US), IHI Corporation (Japan), Thales Alenia Space (France), Airbus (France), Lockheed Martin Corporation (US), OHB SE (Germany), Boeing (US), Moog Inc. (US), IHI Corporation (Japan), and Dawn Aerospace (Netherlands).
The Global Defense Outlook 2025 provides an in depth examination of significant trends & recent advancements in the defense sector.
The Drone detection market is expected to grow from USD 659.4 million in 2024 to USD 2,329.9 million by 2029, at a compound annual growth rate (CAGR) of 28.7% during the forecast period.The kay players Lockheed Martin Corporation (US), RTX (US), Northrop Grumman (US), Teledyne FLIR LLC, and Elbit Systems Ltd. (Israel) .
The global military platforms market is expected to grow from USD 51.88 billion in 2024 to USD 77.08 billion by 2030, at a compound annual growth rate (CAGR) of 6.8% during the forecast period.The key players Lockheed Martin Corporation (US), Rheinmetall AG (Germany), Boeing (US), Huntington Ingalls Industries (US), RTX (US), BAE Systems (UK), Northrop Grumman (US), Israel Aerospace Industries (Israel), Thales (France), Saab AB (Sweden), Elbit Systems Ltd. (Israel), Northrop Grumman (US), Aselsan A.S (Turkey), Bharat Electronics Limited (BEL) (India) Leonardo S.p.A.(Italy), ST Engineering (Singapore), Textron (US), Mitsubishi Heavy Industries, Ltd. (Japan), Dassault Aviation (France), Airbus (Netherlands), HD Hyundai Heavy Industries Co., Ltd. (South Korea), Naval Group (France), and Hanwha Ocean Co., Ltd. (South Korea).
The global surface radars market is expected to grow from USD 17.26 billion in 2024 to USD 22.49 billion by 2029, at a compound annual growth rate (CAGR) of 5.4%. during the forecast period.The key players Lockheed Martin Corporation (US), RTX (US), BAE Systems (UK), Northrop Grumman (US), Israel Aerospace Industries (Israel), Thales (France), Saab AB (Sweden), Elbit Systems Ltd. (Israel), Northrop Grumman (US), Aselsan A.S (Turkey), Bharat Electronics Limited (BEL) (India) Leonardo S.p.A.(Italy), L3Harris Technologies, Inc. (US), Indra (Spain), Teledyne FLIR LLC (US), and Hensoldt (Germany).
The unmanned systems market size is projected to grow from USD 27.13 billion in 2024 to USD 43.54 billion by 2030, registering a CAGR of 8.2%. In terms of volume, it is projected to reach 2,876,197 units by 2030, from 1,998,009 units in 2024. Key players in the unmanned systems market are Northrop Grumman (US), Lockheed Martin Corporation (US), Teledyne Technologies Inc. (US),
The eVTOL Aircraft market is expected to grow from USD 6.53 billion in 2031 to USD 17.34 billion by 2035, at a compound annual growth rate (CAGR) of 27.6 % during the forecast period. The key players Archer Aviation (US), Eve Holdings (Brazil), ehang (China), Joby Aviation (US), Textron Inc (US), Airbus (Netherlands), Vertical Aerospace (UK), Wisk Aero LLC (US), Beta Technologies(US), Volocopter Gmbh (Germany), XTI Aerospace ( US), Lilium Gmbh (Germany), Lift Aircraft Inc.(US), Autoflight (China), Volant Aerotech (China).
The Satellite Propulsion market is expected to grow from USD 2.60 billion in 2024 to USD 5.19 billion by 2030, at a compound annual growth rate (CAGR) of 12.2% during the forecast period. The key players Northrop Grumman (US), Safran SA (France), Thales Alenia Space (France), L3Harris Technologies, Inc. (US), and Airbus (France).
The Loitering munition market is valued at USD 529.9 million in 2024 and is projected to reach USD 815.3 million by 2029, at a CAGR of 9.0% from 2024 to 2029. The key players AeroVironment, inc (US), Elbit Systems LTD (Israel), Rheinmetall AG (Germany) , Uvision (Israel), and Israel Aerospace Industries (Israel).
The global aircraft platforms market size is expected to grow from USD 235.24 billion in 2024 to USD 301.19 billion by 2030, at a compound annual growth rate (CAGR) of 4.2% during the forecast period.The key players Airbus (France), Boeing (US), Embraer (Brazil), Textron Inc. (US), Lockheed Martin Corporation (US), General Dynamics (US), Northrop Grumman (US), Israel Aerospace Industries (Israel), Leonardo S.p.A (Italy), DJI (China), Bombardier (Canada), Ehang (China), ATR (France), General Atomics (US), Teledyne Flir LLC (US), Vertical Aerospace (UK), Archer Aviation (US), Dassault Aviation (France), and RTX (US).
The business jet market is expected to grow from USD 95.80 billion in 2024 to USD 156.99 billion by 2032, at a compound annual growth rate (CAGR) of 6.4% during the forecast period.The key players Airbus (Netherlands), Textron, Inc. (US), Bombardier (Canada), Embraer (Brazil), General Dynamics (US), and The Boeing Company (US).
The green methanol ships market value is projected to be USD 4.29 billion in 2025 and is projected to reach USD 15.25 billion by 2030 at a CAGR of 28.9% from 2025 to 2030 and USD 30.98 billion in 2035 at a CAGR of 12.2% from 2031 to 2035 with a CAGR of 21.9% during the forecast period.
The global rocket and missile market is expected to grow from USD 62.50 billion in 2024 to USD 85.22 billion by 2029, at a compound annual growth rate (CAGR) of 6.4%. during the forecast period.The key players Lockheed Martin Corporation (US), RTX (US), BAE Systems (UK), Northrop Grumman (US), Boeing (US) Israel Aerospace Industries (Israel), Thales (France), LIG Nex1 (South Korea), Saab AB (Norway), MBDA (France), KONGSBERG (Norway), Hanwha Aerospace (South Korea), Elbit Systems Ltd. (Israel), RAFAEL Advanced Defense Systems Ltd. (Israel), General Atomics (US) and Denel Dynamics (South Africa).
The urban air mobility market is expected to grow from USD 23.5 billion by 2030 to USD 41.5 billion in 2035, at a compound annual growth rate (CAGR) of 12.1% during the forecast period.The key players Lilium Aviation Gmbh (Germany), Archer Aviation Inc. (US), Eve Holdings, Inc. (Brazil), Airbus (France), and Ehang (China).
The cargo drones market size is expected to grow from USD 1.53 billion in 2024 to USD 8.92 billion by 2030, at a compound annual growth rate (CAGR) of 34.2%. during the forecast period. The key players in the Natilus (US), Dronamics (UK), Sabrewing Aircraft Company (US), Elroy Air (US), Silent Arrow (US), BAE Systems (UK), Volocopter GmbH (Germany), Dufour Aerospace (Switzerland), and Ehang (China). Many investors have offered investment to startups such as Arc Aero Systems (UK), SKYPORTS INFRASTRUCTURE LIMITED (UK), and UAVOS INC (US).
The global marine vessels market is expected to grow from USD 111.10 billion in 2024 to USD 133.63 billion by 2030, at a compound annual growth rate (CAGR) of 3.1%. during the forecast period.The key players China State Shipbuilding Corporation (China), FINCANTIERI S.p.A. (Italy), Huntington Ingalls Industries (US), HD Hyundai Heavy Industries Co., Ltd. (South Korea), Hanwha Ocean Co., Ltd. (South Korea), Samsung Heavy Industries Co., Ltd (South Korea), MITSUBISHI HEAVY INDUSTRIES, LTD. (Japan), Naval Group (France), Austal (Australia), and Mazagon Dock Shipbuilders Limited (India).
The Aviation fuel Market is expected to grow from USD 200.21 billion in 2024 to USD 325.98 billion by 2030, at a compound annual growth rate (CAGR) of 8.5% during the forecast period.The key players Exxon Mobil Corporation (US), Chevron Corporation (US), BP P.l.C (UK), Shell (UK), and TotalEnergies (France).
The Solid Rocket Rotors market is expected to grow from USD 6.79 billion in 2024 to USD 10.00 billion by 2029, at a compound annual growth rate (CAGR) of 8.1% during the forecast period.The key Northrop Grumman (US), Nammo AS (Norway), L3Harris Technologies Inc (US), China Aerospace Science and Technology corporation (China), IHI Corporation (Japan), Rafael Advanced Defense Systems Ltd (France), Kratos Defense & Security Solutions ( US), Anduril Industries (US), United Launch Alliance (US).
The Military Robots Market is expected to grow from USD 14.5 billion in 2020 to USD 24.2 billion by 2025, at a CAGR of 10.7% during the forecast period. Key players profiled in the military robots market include FLIR Systems, Inc. (US), BAE Systems (UK), Saab AB (Sweden), QinetiQ (UK) Lockheed Martin Corporation (US), General Dynamics Corporation (US) among others.
The Airport Information Systems market is expected to grow from USD 5.36 billion by 2030 to USD 4.24 billion in 2024, at a compound annual growth rate (CAGR) of 4.0% during the forecast period.The key players SITA (US), Indra. (US), Thales (France), RTX (US), Amadeus (Spain), ADB Safegate (Belgium), Amadeus IT Group S.A (Spain), Siemens A.G (Germany), RESA ( Germany), TAV Technologies (Turkey), Damarel Systems International Ltd. (US), CGI Inc. (Canada), Airport information Systems (England), NEC Corporation (Japan), Honeywell International Inc. (US).
The Marine Battery Market is expected to grow from USD 882.3 million in 2024 to USD 1,506.0 million by 2030, at a compound annual growth rate (CAGR) of 9.3 % during the forecast period. The key players Siemens Energy (Germany), Leclanché SA (Switzerland), Corvus Energy (Canada), Toshiba Corporation (Japan) and EnerSys (US).
The C5ISR market is expected to grow from USD 10,720.1 million in 2024 to USD 19,280.8 million by 2029, at a compound annual growth rate (CAGR) of 12.5%. during the forecast period.The key players include General Dynamics Corporation (US), Leidos (US), Lockheed Martin Corporation (US), CACI International Inc. (US), Airbus (France), Northrop Grumman (US), Lockheed Martin Corporation (US).
The more electric aircraft market is expected to grow from USD 5.56 billion in 2024 to USD 8.01 billion by 2029, at a CAGR of 7.6% during the forecast period. The key market players in the more electric aircraft market are S.A ( France), Honeywell International Inc. (US), RTX (US), General Electric (US), Parker Hannifin Corporation (US), Bae Systems plc (UK),Bomardier Inc. (Canada), Embraer S.A (Brazil), Liebherr (Switzerland), Ametek Inc. (US), Astronics Corporation (US), Moog inc. (US), Rolls-Royce Plc (UK), Amphenol Corporation (US), Eaton (Ireland).
The Hybrid UAV is projected to reach 1705.0 million by 2030, at a CAGR of 14.4% during the forecast period. Key players in this market include Northrop Grumman (US), Thale (France), L3Harris Technologies, Inc., (US) ), JOUAV (China), Elroy Air (US), Draganfly (Canda), Pipistrel (Italy), Harris Aerial (US), Natilus (US), Doosan Mobility Innovation (South Korea) Moya aero (Brazil), Waveaerospace (US), Aeronautics (Israel), Skyfront (US), Xer Technologies. Avartek (UK), ElevonX (US), ALTI Unmanned (South Africa) and Elbit Systems Ltd. (Israel) among others.
The satellites market size is expected to grow from USD 17.94 billion in 2024 to USD 35.95 billion by 2030, at a CAGR of 12.3% during the forecast period. The report profiles key players such as SPACEX (US), Lockheed Martin Corporation (US), Airbus Defence and Space (Germany), Northrop Grumman (US), Thales Alenia Space (France), L3Harris Technologies, Inc., (US) Terran Orbital Corporation (US), SNC (US), MDA (Canada), OHB SE (Germany), RTX (US), Maxar Technologies (US), Mitsubishi Electric Corporation (MELCO) (Japan), and Planet Labs PBC (US), York Space Systems (US) and Boeing (US) among others.
The Water Bus Market Size is expected to grow from USD 1.22 billion in 2024 to USD 1.64 billion by 2030, at a compound annual growth rate (CAGR) of 5.1 % during the forecast period.The key players are Damen Shipyards Group (Netherlands), Icarus Marine (South Africa), Mavi Deniz Çevre Hiz A.S. (Turkey), Incat Crowther (Australia) and Ares Shipyard Inc.(Turkey).
The Autonomous Boats Market Size is expected to grow from USD 558 million in 2024 to USD 872 million by 2029, at a compound annual growth rate (CAGR) of 9.3 % during the forecast period. The key players Kongsberg Maritime(Norway), ABB( Switzerland), Rolls-Royce PLC (UK), Hyundai Heavy Industries(South Korea), and Fugro (Netherlands).
The total space economy is expected to grow from USD 1.7 Trillion by 2034 to USD 6.1 Trillion by 2064
The weather forecasting systems market size is expected to grow from USD 2.2 billion in 2024 to USD 3.1 billion by 2029, at a compound annual growth rate (CAGR) of 7.0% during the forecast period.The key players Vaisala (Finland), DTN (US), Accuweather, Inc. (US), The Weather Company LLC (US), and StormGeo (Norway).
The military antenna market is expected to grow from USD 4.5 billion in 2024 to USD 5.6 billion by 2029, at a compound annual growth rate (CAGR) of 4.6% during the forecast period.The key players L3Harris Technologies, Inc. (US), RTX (US), BAE Systems (UK), Thales (France), Honeywell International Inc. (US), General Dynamics Corporation (US), Rohde & Schwarz (Germany), and Saab AB (Sweden), Viasat, Inc. (US), and ASELSAN A.S. (Turkey).
The Integrated Visual Augmentation System Market Size is expected to grow from USD 1.0 Billion in 2024 to USD 1.7 Billion by 2029, at a Compound Annual Growth Rate (CAGR) of 11.1% during the forecast period. The Key players as Lockheed Martin Corporation (US), Elbit Systems, Ltd. (Israel), RTX (US), BAE Systems (UK), and Microsoft (US).
The Small Satellite market is expected to grow from USD 5.2 billion in 2024 to USD 11.2 billion by 2029, at a compound annual growth rate (CAGR) of 16.6% during the forecast period.The key players North America and Europe. SpaceX (US), Lockheed Martin Corporation (US), Airbus Defence and Space (Germany), Northrop Grumman (US), L3Harris Technologies, Inc. (US)
The border security market is expected to grow from USD 26.8 billion in 2024 to USD 34.4 billion by 2029, at a compound annual growth rate (CAGR) of 5.1% during the forecast period.The key players Lockheed Martin Corporation (US), General Dynamics Corporation (US), Northrop Grumman (US), BAE Systems (UK), Thales (France), RTX Corporation (US), Leonardo S.p.A. (Italy), Elbit Systems Ltd. (Israel), L3Harris Technologies, Inc. (US) and Israel Aerospace Industries (Israel).