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 aircraft engine test cells market size is expected to grow from USD 3.3 billion in 2023 to USD 4.1 billion by 2028, at a compound annual growth rate (CAGR) of 4.2% during the forecast period.The key players Safran (France), MDS Aero Support Corporation (US), Calspan Corporation (US), Atec, Inc. (US), and CEL (Canada).
The drone warfare market is expected to grow from USD 20.1 billion in 2023 to USD 30.5 billion by 2028, at a compound annual growth rate (CAGR) of 8.6% during the forecast period. The key players Northrop Grumman Corporation (US), Raytheon Technologies Corporation (US), Israel Aerospace Industries Ltd. (Israel), General Atomics Aeronautical Systems (GA-ASI) (US), and Teledyne FLIR LLC (US).
The Aircraft Gears Market is expected to grow from USD 325 million in 2023 to USD 403 million by 2028, at a compound annual growth rate (CAGR) of 4.4 % during the forecast period.The key players Arrow Gears (US), Precipart (Switzerland), Batom Co., Ltd. (Taiwan), Gear Motions (US), and Gibbs Gears (UK).
The Land Survey Equipment market is expected to grow from USD 9.0 Billion in 2023 to USD 11.7 Billion by 2028, at a compound annual growth rate (CAGR) of 5.2% during the forecast period. The key players are Hexagon AB (Sweden), Trimble Inc. (US), Topcon (Japan), CHC-Navigation (China), Hi-Target (China), U-Blox Holdings AG (Switzerland), and Hudaco Industries (South Africa). Other key players in the market are Robert Bosch GmBH (Germany), GeoTech (Russia), and Guangdong Kolida Instruments (China).
The Space-Based Solar Power market is expected to grow from USD 4.7 Billion in 2030 to USD 6.8 Billion by 2040, at a Compound Annual Growth Rate (CAGR) of 3.3% during the forecast period. The key players are Airbus (Netherlands), Northrop Grumman (US), OHB SE (Germany), Thales Alenia Space (France), Boeing (US), and EMROD (New Zealand).
The Commercial Electric Aircraft Market is expected to grow from USD 692 million in 2031 to USD 1,467 million by 2035, at a compound annual growth rate (CAGR) of 20.7% during the forecast period.The key players Heart Aerospace (Sweden), Eviation (Israel), Lilium (Germany), Wright Electric Inc. (US), Archer Aviation Inc. (US).
The Underwater Warfare Market Size is expected to grow from USD 3.7 Billion in 2023 to USD 5.7 Billion by 2028, at a Compound Annual Growth Rate (CAGR) of 9.0% during the forecast period. The key players are Raytheon Technologies (US), L3Harris Technologies, Inc. (US), Elbit Systems Ltd. (Israel), Northrop Grumman Corporation (US), and Thyssenkrupp AG (Germany).
The Satellite Data Services Market is expected to grow from USD 9.3 Billion in 2023 to USD 20.9 Billion by 2028, at a Compound Annual Growth Rate (CAGR) of 17.5% during the forecast period. The key players are Airbus (France), Maxar Technologies (US), L3Harris Technologies, Inc (US), Planet Labs, PBC (US), and ICEYE (Finland).
The Future of Airport Industry to 2030 Market is expected to grow from USD 200 billion in 2021 to USD 2,404 billion in 2040, at a compound annual growth rate (CAGR) of 14.4% during the forecast period.
The military drone market is expected to grow from USD 13.0 billion in 2023 to USD 18.2 billion by 2028, at a compound annual growth rate (CAGR) of 7.0% during the forecast period. The Key players Northrop Grumman Corporation (US), Raytheon Technologies Corporation (US), Israel Aerospace Industries Ltd. (Israel), General Atomics Aeronautical Systems (GA-ASI) (US) and Teledyne FLIR LLC (US).
The Avionics market is expected to grow from USD 43.4 billion in 2023 to USD 81.8 billion by 2030, at a compound annual growth rate (CAGR) of 9.5% during the forecast period. The key players Honeywell International, Inc. (US), L3Harris Technologies, Inc. (US), Raytheon Technologies Corporation (US).
The Small Drones Market Size is expected to grow from USD 5.8 Billion in 2023 to USD 10.4 Billion by 2030, at a Compound Annual Growth Rate (CAGR) of 8.6% during the forecast period. The key players are DJI (China), Parrot Drone SAS (France), Israel Aerospace Industry Ltd. (Israel), AeroVironment, Inc. (US), and Lockheed Martin Corporation (US).
The Military Vehicle Electrification market size is expected to grow from USD 4.1 Billion in 2023 to USD 20.4 Billion by 2030, at a Compound Annual Growth Rate (CAGR) of 25.6 % 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 Otomotiv ve Savunma Sanayi AS (Turkey), Krauss-Maffei Wegmann (Germany).
The Simulator market size is expected to grow from USD 18.5 Billion in 2023 to USD 26.1 Billion by 2028, at a Compound Annual Growth Rate (CAGR) of 7.1% during the forecast period. The key players are CAE, Inc. (Canada), L3Harris Technologies, Inc. (US), Saab AB (Sweden), Thales (France), and Indra Seistemas S.A. (Spain).
The Hydrogen Hubs market is expected to grow from USD 1.9 billion in 2023 to USD 6.3 billion by 2030, at a compound annual growth rate (CAGR) of 18.7% during the forecast period.The key players ARAMCO(Saudi Arabia), Shell plc. (UK), Linde plc. (UK),Airbus (Netherlands) and Sinopec(China).
The CBRN Defense market is expected to grow from USD 16.1 billion in 2023 to USD 21.4 billion by 2028, at a compound annual growth rate (CAGR) of 5.8 % during the forecast period. The key players Rheinmetall Defence (Germany), Thales Group (France), Smiths Group PLC (UK), Teledyne FLIR LLC (US), Bruker Corporation (US).
The Aerospace Riveting market is expected to grow from USD 109 million in 2023 to USD 134 million by 2028, at a compound annual growth rate (CAGR) of 4.3 % during the forecast period.The key players Ingersoll Rand (US), Cherry Aerospace (US), Brown Aviation Tool Company (US), Stanley Engineered Fastening (SEF) (US), LAS Aerospace Ltd. (UK).
The Unmanned surface vehicles market is expected to grow from USD 0.8 billion in 2023 to USD 1.2 billion by 2028, at a compound annual growth rate (CAGR) of 10.3% during the forecast period.The key players Hanwha Group (South Korea) , LIG Nex 1 (South Korea),Ocius Technologies (Australia).
The Military transmit and receive module market is expected to grow from USD 5.8 billion in 2023 to USD 7.7 billion by 2028, at a compound annual growth rate (CAGR) of 5.8% during the forecast period.The key players Northrop Grumman Corporation (US), Thales Group (France), L3Harris Technologies, Inc. (US), RTX Corporation (US), and CAES System LLC (US).
The Defense Cybersecurity market is expected to grow from USD 36.9 Billion in 2023 to USD 49.4 Billion by 2028, at a Compound Annual Growth Rate (CAGR) of 6.0% during the forecast period. The key players Booz Allen Hamilton Inc. (US), General Dynamics Corporation (US), Cisco Systems, Inc. (US), Microsoft (US), Leidos (US), IBM (US), Thales (France), Lockheed Martin Corporation (US), Northrop Grumman (US), Raytheon technologies (US), L3Harris Technologies Inc. (US), Leonardo S.p.A (Italy), CACI International Inc (US), Elbit Systems Ltd (Israel), BAE Systems (UK), SAIC (US), and ASGN Incorporated (US).
The Marine Onboard Communication and Control Systems market is expected to grow from USD 8.6 billion in 2023 to USD 12.3 billion by 2028, at a compound annual growth rate (CAGR) of 7.3% during the forecast period.The key players Emerson Electric Co. (US), Wartsila (Finland), Kongsberg (Norway), ABB (Switzerland), and Northrop Grumman Corporation (US).
The Drone Logistics And Transportation market is valued at USD 0.9 billion in 2023 and is projected to reach USD 16.1 billion by 2030, at a CAGR of 50.1% from 2023 to 2030. TheMajor players Alphabet Inc. (US), Hardis Group (France), Zipline (US), Volocopter GmbH (Germany), and Textron Inc. (US).
As of November, 2023, the conflict has spanned 640 days. The Russia-Ukraine conflict caused significant economic losses: Russia faced a $350 billion output decrease, as of March 2023, while Ukraine suffered a $500 billion loss and a 30% GDP reduction as of March 2023.
The Airport Automation Market is expected to grow from USD 5.8 Billion in 2023 to USD 7.7 Billion by 2028, at a Compound Annual Growth Rate (CAGR) of 5.8% during the forecast period. The key players Daifuku Co. Ltd. (Japan), Collins Aerospace (US), Siemens (Germany), and Amadeus IT Group (Spain)
The Hybrid Boats Market is expected to grow from USD 1.7 billion in 2023 to USD 2.7 billion by 2028, at a compound annual growth rate (CAGR) of 10.4% during the forecast period.The key players Brunswick Corporation (US), Groupe Beneteau (France), Greenline Yachts (Slovenia), Candela Technology AB (Sweden), and Silent Yachts (Austria).
The Radome market is expected to grow from USD 2.9 billion in 2023 to USD 5.8 billion by 2028, at a compound annual growth rate (CAGR) of 15.1% during the forecast period.The key players General Dynamics Mission Corporation (US), Raytheon Technologies Corporation (US), Northrop Grumman Corporation (US), Saint Gobain (UK) and Israel Aerospace Industries (Israel).
The global Sustainable Aviation Fuel SAF Market Size is expected to grow from USD 1.1 billion in 2023 to USD 16.8 billion by 2030, at a compound annual growth rate (CAGR) of 47.7% during the forecast period. The key players Neste (Finland), World Energy (Ireland), Total Energies (France), LanzaTech (US), and Fulcrum BioEnergy (US).
The Space Debris Removal market is expected to grow from USD 0.1 billion in 2023 to USD 0.6 billion by 2028, at a compound annual growth rate (CAGR) of 41.7% during the forecast period.The key players Astroscale (Japan), ClearSpace (Switzerland), Surrey Satellite Technology Ltd (UK), Northrop Grumman (US), and Kall Morris Incorporated (US).
The Robotic Warfare market is expected to grow from USD 29.3 Billion in 2023 to USD 39.5 Billion by 2028, at a Compound Annual Growth Rate (CAGR) of 6.1% during the forecast period. The key players are Elbit Systems Ltd. (Israel), Lockheed Martin Corporation (US), Northrop Grumman (US), Rheinmetall AG (Germany), and QinetiQ (UK).
The overall LEO terminals market is expected to grow from USD 6.0 billion in 2023 to USD 17.7 billion by 2028, at a compound annual growth rate (CAGR) of 23.9% during the forecast period.The key players SpaceX (US), Kymeta Corporation (US), L3harris Technologies, Inc. (US), EchoStar Corporation (US), and Thales (France).
The Anti-aircraft warfare market is expected to grow from USD 20.9 billion in 2023 to USD 28.6 billion by 2028, at a compound annual growth rate (CAGR) of 6.5% during the forecast period.The key players Lockheed Martin Corporation (US), Raytheon Technologies Corporation (US), Thales Group (France), BAE Systems (UK), and General Dynamics Corporation (US).
The In Space Manufacturing market is expected to grow from USD 4.6 billion in 2030 to USD 62.8 billion by 2040, at a compound annual growth rate (CAGR) of 29.7% during the forecast period.The key players Allevi Inc. (US), Global Graphene Group, Inc. (US), Le Verre Fluore Fiber Solutions(France),Nedstack Fuel cell Technology BV (Netherlands) and Echodyne Corporation(US).
The global aircraft Gearbox market is expected to grow from USD 3.0 Billion in 2023 to USD 4.2 Billion by 2028, at a Compound Annual Growth Rate (CAGR) of 6.9% during the forecast period. The key players are Safran (France), Rexnord Aerospace (US), Triumph Group (US), The Timken Company (US), and Liebherr (Switzerland).
The Hypersonic Flight Market is expected to grow from USD 782 Million in 2023 to USD 1,154 Million by 2030, at a Compound Annual Growth Rate (CAGR) of 5.7 % during the forecast period. The key players are Leidos (US), Raytheon Technologies Corporation (US), Northrop Grumman Corporation (US), Hermeus (US), Rolls Royce (UK), Bae Systems (UK), and DLR (Germany).
The high altitude pseudo satellite market is expected to grow from USD 85 million in 2023 to USD 189 million by 2028, at a compound annual growth rate (CAGR) of 17.2% during the forecast period.The Key Players AeroVironment, Inc. (US), Prismatic Ltd. (UK), Airbus (France), Thales Group (France), and SoftBank Group Corp. (Japan). These players have spread their business across various countries includes North America, Europe, Asia Pacific, and Rest of the World.
The overall drone services market size is expected to grow from USD 17.0 billion in 2023 to USD 57.8 billion by 2028, at a compound annual growth rate (CAGR) of 27.7% during the forecast period.The key Players Cyberhawk (UK), Sky-Futures Ltd. (UK), DroneDeploy Inc. (US), Terra Drone Corporation (Japan), PrecisionHawk (US), and Aerodyne Group (Malaysia).
The optical satellite market is expected to grow from USD 2.0 billion in 2023 to USD 4.1 billion by 2028, at a compound annual growth rate (CAGR) of 15.1% during the forecast period.The key players such as SpaceX (US), Lockheed Martin Corporation (US), Ball Corporation (US), Airbus Defence & Space (Germany), and L3Harris Technologies, Inc. (US).
The Marine Sensors Market is expected to grow from USD 1.4 Billion in 2023 to USD 1.9 Billion by 2028, at a Compound Annual Growth Rate (CAGR) of 6.5% during the forecast period. The key players are Honeywell International Inc. (US), Eaton Corporation (Ireland), TE Connectivity (Switzerland), Garmin Ltd. (US), and Curtiss Wright (US).
The Military Vehicle Sustainment market is expected to grow from USD 16.8 billion in 2023 to USD 23.5 billion by 2028, at a compound annual growth rate (CAGR) of 7.0% during the forecast period.The key players Rheinmetall AG (Germany), BAE Systems (UK), General Dynamics Corporation (US), Elbit Systems Ltd. (Israel), and Oshkosh Corporation (US).
The Airborne Radars Market is expected to grow from USD 15.8 Billion in 2023 to USD 23.6 Billion by 2028, at a compound annual growth rate (CAGR) of 8.3% during the forecast period. The key players Lockheed Martin Corporation (US), Raytheon Technologies Corporation (US), Thales Group (France), Northrop Grumman Corporation (US), Saab Group (Sweden), Leonardo S.p.A. (Italy), and Israel Aerospace Industries (Israel).
The global aircraft pumps market is expected to grow from USD 3.6 billion in 2023 to USD 4.6 billion by 2028, at a compound annual growth rate (CAGR) of 4.8% during the forecast period.The key players Safran (France), Eaton Corporation plc (Ireland), Parker-Hannifin Corporation (US), Woodward, Inc. (US), and Crane Co. (US).
The 5G in Defense market is expected to grow from USD 0.9 Billion in 2023 to USD 2.3 billion by 2028, at a compound annual growth rate (CAGR) of 19.9% during the forecast period.The key Players Ericsson (Sweden), Nokia Networks (Finland), Huawei (China), Samsung Electronics Co.Ltd.(South Korea), NEC (Japan), Thales Group (France), L3Harris Technologies, Inc. (US), Raytheon Technologies (US), Ligado Networks (US), and Wind River Systems, Inc. (US).
The maritime patrol aircraft Market is expected to grow from USD 6.7 billion in 2023 to USD 11.9 billion by 2028, at a compound annual growth rate (CAGR) of 12.1% during the forecast period. The key players Boeing (US), Lockheed Martin Corporation (US), Leonardo S.p.A. (Italy), Airbus (Netherlands), and Northrop Grumman Corporation (US).
The military cloud computing market is expected to grow from USD 8.5 billion in 2023 to USD 15.3 billion by 2028, at a compound annual growth rate (CAGR) of 12.5% during the forecast period.The key players Amazon (US), Raytheon Technologies Corporation (US), Microsoft Corporation (US), Google (US), Atos (US), Oracle (US), IBM (US), General Dynamics Corporation (US), Bae Systems (UK), SAIC (US), Thales Group (France).
The Weather Forecasting Services market is expected to grow from USD 1.9 billion in 2023 to USD 2.8 billion by 2028, at a compound annual growth rate (CAGR) of 8.2% during the forecast period.The Major players DTN (US), Accuweather (US), Fugro (Netherlands), and Enav S.P.A. (Italy).
The Satellite Internet market is expected to grow from USD 4.0 Billion in 2023 to USD 17.1 Billion by 2028, at a Compound Annual Growth Rate (CAGR) of 33.7% during the forecast period. The key players SpaceX (US) Oneweb (UK), Viasat (US), EchoStar (US), SES S.A. (Luxembourg), and Iridium (US)
The Military Communications Market is expected to grow from USD 24.2 Billion in 2023 to USD 35.4 by 2028, at a compound annual growth rate (CAGR) of 7.9% during the forecast period.The key players Raytheon Technologies Corporation (US), Northrop Grumman Corporation (US), Thales Group (France), Elbit Systems (Israel), L3Harris Technologies Inc. (US), Lockheed Martin Corporation (US), BAE Systems(UK), Saab AB (Sweden), Aselsan A.S (Turkey), Viasat Inc (US), Rheinmetall AG (Germany), Leonardo(Italy), Israel Aerospace Industries (Israel), Cobham Limited(UK), Honeywell International Inc(US).
The US JADC2 Market is expected to grow from USD 1.2 Billion in 2023 to USD 8.6 Billion by 2030, at a Compound Annual Growth Rate (CAGR) of 31.7 % during the forecast period. The key players are Lockheed Martin Corporation (US), Bae Systems (UK), Raytheon Technologies Corporation (US), Northrop Grumman Corporation ( US), and L3Harris Technologies, Inc (US).
The Hybrid Aircraft Market is expected to grow from USD 1.2 Billion in 2023 to USD 13.2 Billion by 2030, at a compound annual growth rate (CAGR) of 41.6% during the forecast period.The Major players XTI Aircraft (US), Electra Aero (US), Manta Aircraft (Italy), Transcend Air Corporation (US), and Ava Propulsion, Inc. (US).
The Electric Boats Market is expected to grow from USD 3.3 Billion in 2023 to USD 7.7 Billion by 2030, at a Compound Annual Growth Rate (CAGR) of 13.0% during the forecast period. The Key players such as Brunswick Corporation (US), Groupe Beneteau (France), Greenline Yachts (Slovenia), Candela (Sweden), and Silent Yachts (Austria).