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 large-caliber ammunition market is expected to grow from USD 18.23 billion in 2026 to USD 39.36 billion by 2031 at a CAGR of 16.6%. The key players include BAE Systems (UK), Nammo AS (Norway), Elbit Systems Ltd (Israel), Rheinmetall AG (Germany), and Northrop Grumman (US).
The US ammunition market is projected to reach USD 6.93 billion in 2026 and USD 12.13 billion in 2031, recording a CAGR of 11.9% during the forecast period. The Key Players Tactical Systems (US), CSG (US), Northrop Grumman (US), Winchester Ammunition (US), and Hornady Manufacturing (US) are among the major players in the US ammunition market.
The tactical UAV (Drone) Market is projected to reach USD 7.86 billion by 2030, from USD 5.27 billion in 2025, with a CAGR of 8.3%. The Key Players General Atomics (US), Lockheed Martin Corporation (US), Northrop Grumman (US), Elbit Systems Ltd. (Israel), and IAI (Israel)
The unmanned underwater vehicle (UUV) market in North America is projected to grow from USD 1.53 billion in 2025 to USD 2.26 billion by 2030 at a CAGR of 8.1% during the forecast period. L3Harris Technologies, Inc. (US), Teledyne SeaBotix (US), Oceaneering International, Inc. (US), Forum Energy Technologies (US), and VideoRay LLC (US) are key players in the UUV market in North America. These companies have strong distribution networks across North America.
The Asia Pacific ammunition market is projected to reach USD 15.32 billion by 2031 from USD 9.33 billion in 2026, at a CAGR of 10.4%. China North Industries Corp (NORINCO) (China), Munitions India Limited (India), Poongsan Corporation (South Korea), Thales (France), and Pindad (Indonesia) are the major key players in the Asia Pacific ammunition market.
The North American UAV (Drone) market is projected to grow from USD 10.98 billion in 2025 to USD 16.17 billion by 2030 at a CAGR of 8.0%. RTX, Boeing, General Dynamics Corporation, Northrop Grumman, and Textron Inc. are the major key players in the North American UAV (Drone) market.
The North America small satellite market is projected to grow from USD 3.94 billion in 2025 to USD 13.89 billion by 2030 at a CAGR of 28.6%. The Key Players include SpaceX, MDA, Northrop Grumman, Planet Labs PBC, and SNC.
The Europe UAV (Drone) market is projected to grow from USD 5.00 billion in 2025 to USD 7.98 billion by 2030 at a CAGR of 9.8%. Airbus, BAE Systems, Leonardo S.p.A., Thales, and SAAB are the key players in the Europe UAV (Drone) market.
The autonomous underwater vehicle market in North America is projected to reach USD 1.12 billion by 2030, from USD 0.75 billion in 2025, with a CAGR of 8.3%. Kongsberg (US), General Dynamics Mission Systems (US), Boeing, Northrop Grumman (US), and Anduril Industries (US) are the major players in the autonomous underwater vehicle market in North America.
The North America Remotely Operated Vehicle (ROV) Market is expected to grow from USD 0.78 billion in 2025 to USD 1.14 billion by 2030, at a compound annual growth rate (CAGR) of 7.9%. during the forecast period. The Key Players L3Harris Technologies, Inc. (US), Teledyne SeaBotix (US), Oceaneering International (US), Forum Energy Technologies (US), and VideoRay (US)
The India ammunition market is projected to grow from USD 2.66 billion in 2026 to USD 4.44 billion by 2031, at a CAGR of 10.8%. The key players include Munitions India Limited (India), PT Pindad (Indonesia), Thales (France), Poongsan Corporation (South Korea), and Elbit Systems Ltd. (Israel).
The France Ammunition Market is projected to grow from USD 3.01 billion in 2026 to USD 7.09 billion by 2031 at a CAGR of 18.6%. The Key Players BAE Systems, Nammo AS, Beretta Holding S.A., Rheinmetall AG and STV Group A.S.
The US Unmanned Aerial Vehicle (UAV) (Drone) Market is projected to grow from USD 10.75 billion in 2025 to USD 15.78 billion by 2030 at a CAGR of 8.0%. The Key Players Boeing, General Dynamics Corporation, Northrop Grumman, and Textron Inc.
The Middle East UAV (Drone) Market is expected to reach USD 3.31 billion by 2030, from USD 1.70 billion in 2025, with a CAGR of 14.2%. The Key Players Baykar Makina Sanayi ve Ticaret A.S. (Turkey), Elbit Systems Ltd. (Israel), General Atomics (US), Israel Aerospace Industries Ltd. (Israel), and EDGE Group PJSC (UAE)
Ka, K, and Ku Band Small Satellite Market
The Earth observation (EO) small satellite market is projected to grow from USD 2.64 billion in 2025 to USD 5.52 billion by 2030 at a CAGR of 15.9%. The Key Players Airbus (France), Thales Alenia Space (France), L3harris Technologies, Inc. (US), Planet Labs PBC (US), and MDA Space (Canada)
The unmanned underwater vehicle (UUV) market in the Asia Pacific is projected to grow from USD 1.63 billion in 2025 to USD 2.48 billion by 2030 at a CAGR of 8.8% during the forecast period. COOEC (China), Mitsubishi Heavy Industries Ltd. (Japan), JOHNAN Corporation (Japan), CHASING Innovation (China), and Total Marine Technology (Australia) are the key players in the UUV market in the Asia Pacific. These companies have strong distribution networks across the region.
The major players in the global Drone Composites Market
The BVLOS UAV (Drone) Market is expected to grow from USD 15.36 billion in 2025 to USD 25.32 billion by 2030, at a compound annual growth rate (CAGR) of 10.5% during the forecast period. The Key Players Lockheed Martin Corporation, Northrop Grumman, Boeing, L3Harris Technologies Inc. and Elbit Systems Ltd.
The UK Unmanned Aerial Vehicle (UAV) (Drone) Market is projected to grow from USD 0.84 billion in 2025 to USD 1.48 billion by 2030 at a CAGR of 12.0%. The Key Players BAE Systems, QinetiQ, Thales, Elbit Systems Ltd, and Leonardo S.p.A.
The Asia Pacific UAV (drone) market is projected to grow from USD 4.68 billion in 2025 to USD 8.18 billion by 2030, with a CAGR of 11.8%. Chengdu Aircraft Industry (Group) Co., Ltd. (China), China Aerospace Science and Technology Corporation (China), XAG Co., Ltd (China), and IAI (Israel) are the major key players in the Asia Pacific UAV (drone) market.
The communication small satellite market is projected to grow from USD 5.95 billion in 2025 to USD 18.34 billion by 2030 at a CAGR of 25.2%. The Key Players SPACEX (US), Airbus (France), MDA (Canada), Thales Alenia Space (France), and L3Harris Technologies, Inc. (US).
The Germany ammunition market is expected to reach USD 8.99 billion by 2031, from USD 4.50 billion in 2026, with a CAGR of 14.9%. BAE Systems (UK), Nammo AS (Norway), Beretta Holding S.A. (Italy), Rheinmetall AG (Germany), and Saab AB (Sweden) are the key players in the Germany ammunition market.
The Asia Pacific Remotely Operated Vehicle (ROV) Market is projected to reach USD 1.25 billion by 2030, from USD 0.83 billion in 2025, with a CAGR of 8.6%. CNOOC International Ltd. (China), Mitsubishi Heavy Industries, Ltd. (Japan), JOHNAN Corporation (Japan), CHASING Innovation Co. Ltd. (China), and Total Marine Technology (Australia) are the major players in the Asia Pacific remotely operated vehicle market.
The Europe Remotely Operated Vehicle Market is expected to grow from USD 0.85 billion in 2025 to USD 1.21 billion by 2030, at a compound annual growth rate (CAGR) of 7.3% during the forecast period. The key Players TechnipFMC (UK), BAE Systems (UK), Saipem S.p.A. (Italy), DeepOcean (Norway), and Exail Technologies (France)
The Middle East ammunition market is projected to grow from USD 2.76 billion in 2026 to USD 3.96 billion by 2031, at a CAGR of 7.5% during the forecast period. Elbit Systems Ltd., Rheinmetall Denel Munition (RDM), EDGE Group PJSC, General Dynamics Corporation, and Saudi Arabian Military Industries (SAMI) are the key players in the Middle East ammunition market.
The unmanned underwater vehicle (UUV) market in Europe is projected to grow from USD 2.04 billion in 2025 to USD 2.95 billion by 2030 at a CAGR of 7.6% during the forecast period. TechnipFMC (UK), BAE Systems (UK), Saipem S.p.A (Italy), DeepOcean (Norway), and Exail Technologies (France) are the key players in the UUV market in Europe. These companies have strong distribution networks across Europe.
The Asia Pacific autonomous underwater vehicle market is expected to reach USD 1.23 billion by 2030, from USD 0.80 billion in 2025, with a CAGR of 9.0%. MSubs (China), Falmouth Scientific (China), Advanced Navigation (Australia), ST Engineering (Singapore), and Mitsubishi Heavy Industries (Japan) are the major players in the Asia Pacific autonomous underwater vehicle market.
The Europe ammunition market is projected to grow from USD 13.90 billion in 2026 to USD 32.18 billion by 2031, at a CAGR of 18.3%. BAE Systems, Nammo AS, Beretta Holding S.A., Rheinmetall AG, and STV Group A.S are the major key players in the Europe ammunition market.
The UAV (drone) avionics market is expected to reach USD 10.81 billion by 2030, from USD 6.91 billion in 2025, with a CAGR of 9.4%. The key players Lockheed Martin Corporation, Northrop Grumman, Boeing, L3Harris Technologies, Inc., and Elbit Systems Ltd.
The Europe small satellite market is expected to grow from USD 1.33 billion in 2025 to USD 2.81 billion by 2030 at a CAGR of 16.1%. The Key Players include Airbus Defence and Space (France), Gomspace, (Denmark), OHB, (Germany), and BAE Systems (UK)
The Asia Pacific Small satellite market is projected to grow from USD 3.79 billion in 2025 to USD 14.61 billion by 2030 at a CAGR of 31.0%. The Key Players include China Aerospace Science and Technology Corporation (China), Mitsubishi Heavy Industries (Japan), NEC Corporation (Japan), Geely Space (China), and Axelspace Corporation (Japan)
The North America ammunition market is projected to grow from USD 7.61 billion in 2026 to USD 12.98 billion by 2031 at a CAGR of 11.3% during the forecast period. The key players include General Dynamics Ordnance and Tactical Systems (US), CSG (US), Northrop Grumman (US), Olin Corporation (US), and Hornady (US).
The autonomous underwater vehicle market in Europe is expected to reach USD 1.74 billion by 2030, from USD 1.20 billion in 2025, with a CAGR of 7.8%. Kongsberg (Norway), Saab AB (Sweden), BAE Systems (UK), Exail Technologies (France), and Saipem S.p.A. (Italy) are the key players in the autonomous underwater vehicle market in Europe.
The Remotely Operated Vehicle Market is projected to grow from USD 2.80 billion in 2025 to USD 4.08 billion by 2030 at a CAGR of 7.8%. The Key Players include Forum Energy Technologies, Inc., L3Harris Technologies, Inc., BAE Systems, Oceaneering International, Inc., and Saipem S.p.A.
The 155 MM ammuntion (artillery ammunition) market is projected to grow from USD 8.39 billion in 2026 to USD 20.23 billion by 2031 at a CAGR of 19.2%. Increasing procurement and sustained use of 155 mm artillery systems by armed forces for long-range fire support is driving the growth of the 155 MM ammunition market. BAE Systems (UK), Nammo AS (Norway), Elbit Systems Ltd. (Israel), Rheinmetall AG (Germany), and Northrop Grumman (US) are the major key players in the 155 MM ammunition (artillery ammunition) market.
The counter-UAS system (C-UAS) market is expected to reach USD 9.17 billion in 2026 and USD 29.70 billion by 2031, growing at a CAGR of 26.5% during the forecast period. RTX (US), Northrop Grumman (US), Lockheed Martin Corporation (US), Rheinmetall AG (Germany), and RAFAEL Advanced Defense Systems Ltd. (Israel) are among the leading players in the counter-UAS system (C-UAS) market.
The trainer aircraft market is projected to grow from USD 13.82 billion in 2026 to USD 21.22 billion by 2032 at a CAGR of 7.4%. Some major market contributors in the industry include Textron Aviation (US), Leonardo S.p.A. (Italy), Pilatus Aircraft (Switzerland), Diamond Aircraft Industries (Austria), and Airbus Helicopters (France).
The Ballistic Protection Industry is projected to grow from USD 12.60 billion in 2026 and to reach USD 16.29 billion by 2031, at a Compound Annual Growth Rate (CAGR) of 5.3% during the forecast period. BAE Systems (UK), Rheinmetall AG (Germany), Point Blank Enterprises, Inc. (US), Avon Protection (UK), and DuPont (US) are the major players in the ballistic protection market.
The Flight Simulator market is projected to grow from USD 6.65 billion in 2026 to USD 9.77 billion by 2031 at a CAGR of 8.0%. The key players include CAE Inc. (Canada), FlightSafety International (US), Thales (France), Airbus (Netherlands), and TRU Simulation + Training Inc (US).
The Delivery Drone Market is projected to grow from USD 2.88 billion in 2026 to USD 7.65 billion by 2031 at a CAGR of 21.6% during the forecast period. The key players include Wingcopter, PABLO AIR, Blueflite, Garuda Aerospace Ltd., and Matternet, Inc.
The UAV (Drone) jammers market is projected to grow from USD 1.77 billion in 2026 to USD 5.90 billion in 2031 at a CAGR of 27.2% during the forecast period. The key players include TRD Systems Pte Ltd (Singapore), Drone Shield Limited (Australia), ASELSAN (Turkey), Dedrone Holdings, Inc. (US), and Enterprise Control Systems Ltd. (UK) are among the leading players in the UAV (Drone).
The unmanned underwater vehicle (UUV) market is projected to grow from USD 6.91 billion in 2026 to USD 19.22 billion by 2031, registering a CAGR of 22.7%. Kongsberg (Norway), Saipem (Italy), BAE Systems (UK), L3Harris Technologies, Inc. (US), and Oceaneering International, Inc. (US) are the major players in the UUV market.
The Global Airport Navigational Aids Market is estimated at USD 3.53 billion in 2026 and is projected to reach USD 4.41 billion by 2031 at a CAGR of 4.5% from 2026 to 2031
The Electronic Warfare (EW) Market is estimated at USD 32.35 billion in 2026 and is projected to reach USD 64.66 billion by 2031 at a CAGR of 14.9% during the forecast period. The key players include Thales (France), L3Harris Technologies Inc.(US), RTX (US), Northrop Grumman (US), and BAE Systems (UK).
The sustainable fuel aviation market is projected to reach USD 31.45 billion by 2031 from USD 4.86 billion in 2026, registering a CAGR of 45.3% during the forecast period. The report profiles key players such as Neste, TotalEnergies, World Energy, LLC, Eni S.P.A, and OMV Aktiengesellschaft.
The Military Cloud Computing Market is projected to grow from USD 13.85 billion in 2026 to USD 34.32 billion by 2031, with a compound annual growth rate (CAGR) of 19.9%. Microsoft (US), General Dynamics Corporation (US), Leidos (US), Accenture (Ireland), and Amazon.com, Inc (US)are the major players in the military cloud computing market.
The India military EO/IR market is projected to grow from USD 1.19 billion in 2026 to USD 1.78 billion in 2030 at a CAGR of 10.4%. The key players include Elbit Systems Ltd (Israel), RAFAEL Advanced Defense Systems Ltd (Israel), Safran(France), Teledyne Technologies Incorporated (US), and L3Harris Technologies, Inc (US).
The airborne ISR market is projected to grow from USD 16.44 billion in 2026 to USD 21.40 billion by 2031, at a CAGR of 5.4%. The key players include RTX (US), L3Harris Technologies, Inc. (US), Leonardo DRS (US), Thales (France), and Northrop Grumman (US).
The defense cybersecurity market is projected to grow from USD 20.34 billion in 2026 to USD 34.53 billion in 2031 at a CAGR of 11.2%. The key players include Booz Allen Hamilton Inc (US), General Dynamics Corporation (US), Leidos (US), BAE Systems (UK), and CACI International Inc (US).