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 Global Optical Satellite Communication Market Size was valued at USD 282 Million in 2023 and is estimated to reach USD 1134 Million by 2028, growing at a CAGR of 32.1% during the forecast period. The key players Ball Corporation (US), Mynaric AG (Switzerland), Bridge Comm Systems (US), SpaceMicro (US), and Tesat Spacecom GMBH (Germany).
The Connected Ship market is expected to grow from USD 11.3 billion in 2023 to USD 17.2 billion by 2028, at a compound annual growth rate (CAGR) of 7.7 % during the forecast period.The Major players ABB (Switzerland), Emerson Electric Co. (US), Wartsila (Finland), Kongsberg Gruppen ASA (Norway), and Thales Group (France).
The combat drone market is expected to grow from USD 7.2 billion in 2023 to USD 10.8 billion by 2028, at a compound annual growth rate (CAGR) of 8.6% during the forecast period.The key players Northrop Grumman (US), General Atomics Aeronautical Systems (US), Raytheon Technologies (US), Israel Aerospace Industries, Inc. (Israel) Airbus (France).
The space propulsion market is expected to grow from USD 10.6 billion in 2023 to USD 18.1 billion by 2028, at a compound annual growth rate (CAGR) of 11.3% during the forecast period.The Major players Safran S.A. (France), SpaceX (US), L3Harris Technologies Inc. (US), IHI Corporation (Japan), and Northrop Grumman Corporation (US).
The connected aircraft market is expected to grow from USD 10.0 billion in 2023 to USD 16.5 Billion by 2028, at a compound annual growth rate (CAGR) of 10.6 % during the forecast period. The Major players Honeywell International (US), Raytheon Technologies (US), Thales Group (France), Viasat Inc (US), and Gogo Inc (US).
The aircraft Fuel Cells market is expected to grow from USD 1.6 Billion in 2023 to USD 5.7 Billion by 2035, at a Compound Annual Growth Rate (CAGR) of 10.8% during the forecast period. The Major players ZeroAvia Inc. (US), Intelligent Energy Limited (UK), Piasecki Aircraft Corporation (US), Doosan Mobility Innovation (South Korea), and H3 Dynamics (Singapore).
The eVTOL aircraft market is expected to grow from USD 1.2 Billion in 2023 to USD 23.4 Billion by 2030, at a compound annual growth rate (CAGR) of 52.0% during the forecast period.The Major players Airbus SE (Netherlands), Elbit Systems Ltd.(Israel), Bell Textron, Inc. (US), Ehang Holdings Ltd. (China), Embraer SA (Brazil), Israel Aerospace Industries (Israel), Pipistrel (Slovenia), Elroy Air(US), Lilium Gmbh(Germany), Joby Aviation, Inc (US), Archer Aviation Inc.(US), Volocopter Gmbh(Germany), SZ DJI Technology Co., Ltd(Gmbh), Aurora Flight Sciences (US), Urban Aeronautics Ltd(UK).
The Satellite Navigation System market is expected to grow from USD 61.1 billion in 2023 to USD 75.5 billion by 2028, at a compound annual growth rate (CAGR) of 4.4 % during the forecast period.The Major players Raytheon Technologies (US), Northrop Grumman Corporation (US), QualComm Technologies, Inc (US), Lockheed Martin Corporation (US), and L3Harris Technologies (US).
The 5G from the space market is expected to grow from USD 300 million in 2023 to USD 3,693 million by 2028, at a compound annual growth rate (CAGR) of 65.1% during the forecast period.The key players Oneweb (UK), Omnispace(US), Qualcomm (US), Ericsson (Sweden), and Rohde & Schwarz (Germany).
The vertiports market is expected to grow from USD 0.4 Billion in 2023 to USD 10.7 Billion by 2030, at a Compound Annual Growth Rate (CAGR) of 62.1% during the forecast period. The Major players are Bayards Vertiport Solutions (Netherlands), Vports (Canada), Skyportz (Australia), Skyways (US), and Volatus Infratsructure LLC (US).
The Marine Electric Vehicle market is expected to grow from USD 10.1 billion in 2022 to USD 29.1 Billion by 2030, at a compound annual growth rate (CAGR) of 16.4 % during the forecast period.The Major players ABB (Switzerland), Siemens AG (Germany), BAE Systems (UK), General Electric (US), and Kongsberg Gruppen (Norway).
The global market for world defense budget analysis is expected to grow from USD 2,004.7 billion in 2023 to USD 2,546.9 billion by 2028, at a compound annual growth rate (CAGR) of 4.9% during the forecast period.The Key Countries US, China, India, Russia, the UK, and Saudi Arabia
The global market for naval communication market is expected to grow from USD 3.3 Billion in 2023 to USD 4.3 Billion by 2028, at a Compound Annual Growth Rate (CAGR) of 5.3% during the forecast period. The key players are Honeywell International Inc. (US), General Dynamics Corporation (US), Lockheed Martin Corporation (US), BAE Systems plc (UK), and Elbit Systems Ltd.(Israel).
The Autonomous navigation market is expected to grow from USD 6.0 billion in 2023 to USD 12.9 billion by 2028, at a compound annual growth rate (CAGR) of 16.4% during the forecast period.The key players Northrop Grumman Corporation (US), Raytheon Technologies Corporation (US), Thales Group (France), Safran SA (France), Honeywell International Inc. (US).
The Artillery Systems Market is expected to grow from USD 11.8 Billion in 2022 to USD 16.0 Billion by 2028, at a Compound Annual Growth Rate (CAGR) of 6.2 % during the forecast period. The key players are Lockheed Martin Corporation (US), Bae Systems (UK), Hanwha Group (South Korea), Rheinmetall AG ( Germany), Nexter Group (France), Norinco Internation Cooperation Ltd. (China), Rostec (Russia).
The Space Militarization market is expected to grow from USD 53.7 billion in 2023 to USD 88.6 billion by 2030, at a compound annual growth rate (CAGR) of 7.4 % during the forecast period.The key players Boeing Company (US), Lockheed Martin Corporation (US), General Dynamics Corporation (US), Raytheon Technologies Corporation (US), and Northrop Grumman Corporation (US).
The public safety drone market is expected to grow from USD 1.1 billion in 2023 to USD 2.0 billion by 2028, at a compound annual growth rate (CAGR) of 13.0% during the forecast period.The key Players DJI (China), Autel Robotics (China), Skydio Inc (US), Parrot Drone SAS (France), and Teledyne FLIR LLC (US).
The autonomous last mile delivery market is expected to grow from USD 0.9 billion in 2023 to USD 4.2 billion by 2030, at a compound annual growth rate (CAGR) of 22.7% during the forecast period.The Key Players Starship Technologies (US), JD.com (China), Nuro (US), Amazon (US), Kiwibot (US), Zipline (US), United Parcel Service (US), Wing (US), Flirtey (SkyDrop) and Matternet, Inc. (US).
Hypersonic Weapons Market Size is expected to grow from USD 6.8 Billion in 2023 to USD 14.5 Billion by 2030, at a compound annual growth rate (CAGR) of 11.4 % during the forecast period. The Key Players Lockheed Martin Corporation (US), Raytheon Technologies Corporation (US), Northrop Grumann Corporation (US), L3Harris Technologies Inc. (US), Leidos (US), Thales Group (UK), General Dynamics Corporation (US), Boeing (US), Israel Aerospace Industries (Israel), Bae Systems (UK)
The aircraft seals market is expected to grow from USD 3.1 billion in 2023 to USD 3.8 billion by 2028, at a compound annual growth rate (CAGR) of 4.1% during the forecast period.The Major players Saint Gobain (France), Trelleborg AB (Sweden), Parker Hannifin (US), SKF (Sweden), and Eaton Corporation (Ireland).
The global market for aerospace bearings market is expected to grow from USD 12.4 billion in 2023 to USD 14.6 billion by 2028, at a compound annual growth rate (CAGR) of 3.3% during the forecast period.The Major players SKF (Sweden), NSK Ltd. (Japan), JTEKT Corporation (Japan), Schaeffler AG (Germany), and NTN Corporation (Japan).
The On-orbit satellite servicing market is expected to grow from USD 2.4 billion in 2023 to USD 5.1 billion by 2030, at a compound annual growth rate (CAGR) of 11.5% during the forecast period.The Major players Maxar Technologies (US), Astroscale Holdings Inc. (Japan), SpaceLogistics LLC (US), Airbus SE (Netherlands), and Thales Alenia Space (France).
The Aerostructures Market is expected to grow from USD 61.0 billion in 2023 to USD 84.0 billion by 2028, at a compound annual growth rate (CAGR) of 6.6% during the forecast period.The Major players GKN plc (UK), Spirit AeroSystems Inc. (US), Saab AB (Sweden), FACC AG (Austria) and Leonardo S.P.A (Italy).
The Artificial Intelligence (AI) in Military market is expected to grow from US$ 9.2 Billion in 2023 to US$ 38.8 Billion by 2028, at a Compound Annual Growth Rate (CAGR) of 33.3% during the forecast period. The Major players are Lockheed Martin Corporation (US), Raytheon Technologies Corporation (US), Northrop Grumman Corporation (US), BAE Systems PLC (UK), and Thales Group (France).
The Multispectral Camera Market is expected to grow from USD 1.4 billion in 2023 to USD 2.2 billion by 2028, at a compound annual growth rate (CAGR) of 9.0% during the forecast period. The key players Teledyne FLIR (US), Leonardo DRS (US), Collins Aerospace (US), Hensoldt (Germany), JAI (Denmark), TetraCam Inc. (US), Telops Inc. (Canada), DJI (China), Paras Aerospace (India), Cubert GMBH (Germany), HGH Group (France), Ocean Insight (US), Sepctral Devices (UK), Silios technology (France), Unispectral (Israel), Opgal Optronics Industries Ltd. (Israel).
The global market for aircraft transparencies market is expected to grow from USD 1.6 billion in 2023 to USD 2.3 billion by 2028, at a compound annual growth rate (CAGR) of 7.3% during the forecast period.The Major players PPG Industries, Inc. (US), GKN Aerospace (UK), Saint-Gobain (France), General Electric Company (US), and Gentex Corporation (US)
The digital MRO market is expected to grow from USD 0.9 billion in 2023 to USD 2.0 billion by 2030, at a compound annual growth rate (CAGR) of 13.0% during the forecast period.The Major players operating in the digital MRO market are IBM (US), SAP (Germany), Ramco Systems (India), Swiss AviationSoftware Inc. (Switzerland), Lufthansa Technik (Germany), and Honeywell International Inc.(US).
The satellite ground Station market is expected to grow from USD 61.5 billion in 2023 to USD 115.4 billion by 2028, at a compound annual growth rate (CAGR) of 13.4% during the forecast period.The Major players General Dynamics Corporation (US), Raytheon Technologies Corporation (US), Airbus SE (Netherlands), Lockheed Martin Corporation (US), and Kongsberg Gruppen ASA (Norway)
The aircraft health monitoring Systems market is expected to grow from USD 6.3 billion in 2023 to USD 8.6 billion by 2028, at a compound annual growth rate (CAGR) of 6.5% during the forecast period. The Major aircraft health monitoring industry players Safran (France), Airbus S.E (Netherlands), Raytheon Technologies Corporation (US), Honeywell International Inc (US), Teledyne Technologies Inc (US).
The Defense Electronics Market is expected to grow from $ 220.3 Billion in 2023 to $ 289.0 Billion by 2028, at a Compound Annual Growth Rate (CAGR) of 5.6% during the forecast period. The Major players General Dynamic Corporation (US), Honeywell International Inc. (US), Rheinmetall AG (Germany), Saab AB (Sweden), and Leonardo SPA (Italy)
The Military Laser Systems Market is expected to grow from USD 5.0 Billion in 2023 to USD 7.5 Billion by 2028, at a Compound Annual Growth Rate (CAGR) of 8.7% during the forecast period. The Major players are Northrop Grumman Corporation (US), Raytheon Technologies Corporation (US), Lockheed Martin Corporation (US), Thales Group (France), and BAE System plc (UK).
The Military Electro-Optics/Infrared (EO/IR) Systems Market is expected to grow from USD 7.8 billion in 2023 to USD 9.5 billion by 2028, at a compound annual growth rate (CAGR) of 4.0 during the forecast period.The Major players operating in the Military electro-optics & infrared (EO/IR) market include Northrop Grumman(US), Raytheon Technologies Corporation(US), L3Harris Technologies Inc. (US), Lockheed Martin Corporation (US) and Thales Group(France) among others.
The Marine Actuators and Valves Market is expected to grow from USD 2.8 Billion in 2022 to USD 3.6 Billion by 2027, at a Compound Annual Growth Rate (CAGR) of 5.3% during the forecast period. The Major players are Moog Inc. (US), Honeywell International Inc. (US), Rotork plc (UK), Emerson (US), Curtiss-Wright Corporation (US), IMI plc (UK), Flowserve Corporation (US), Rockwell Automation (US) and Kitz Corporation (Japan).
The Electric ship market is expected to grow from USD 3.3 billion in 2022 to USD 14.2 Billion by 2030, at a compound annual growth rate (CAGR) of 20.0 % during the forecast period.The Major players ABB (Switzerland), Leclanché S.A. (Switzerland), Siemens AG (Germany), Wartsila (Finland) and Kongsberg Gruppen (Norway).
The Military Non-Steerable Antenna Market is expected to grow from USD 529 Million in 2023 to USD 739 Million by 2028, at a CAGR of 6.9% during the forecast period. The Major players L3Harris Technologies, Inc. (US), Cobham Advanced Electronic Solutions (US), Rohde & Schwarz (Germany), Comrod Communication Group (Norway), and RAMI (US).
The Satellite launch vehicle market is expected to grow from USD 15.7 billion in 2022 to USD 29.1 billion by 2027, at a compound annual growth rate (CAGR) of 13.1% during the forecast period.The Major players SpaceX (US), United Launch Alliance, LLC (US), Northrop Grumman Corporation (US), and Blue Origin (US), Mitsubishi Heavy Industries (Japan).
The assured PNT market is expected to grow from USD 0.4 billion in 2022 to USD 1.7 billion by 2027, at a compound annual growth rate (CAGR) of 29.8% during the forecast period.The key assured PNT market are Bae Systems PLC (UK), General Dynamics (US), L3Harris Technologies (US), Northrop Grumman (US), Teledyne Technologies, Inc. (US), Leonardo DRS (US), Lockheed Martin Corporation (US), and Raytheon Technologies (US).
The thermoelectric generators market is expected to grow from USD 761 Million in 2022 to USD 1,233 Million by 2027, at a compound annual growth rate (CAGR) of 10.1% during the forecast period.The major players Coherent Corp. (US), Gentherm Inc. (US), Ferrotec Holdings Corporation (Japan), Laird Thermal Systems, Inc. (UK), and Komatsu Ltd. (Japan)
The Electric Aircraft market is expected to grow from USD 8.8 billion in 2022 to USD 37.2 billion in 2030, at a compound annual growth rate (CAGR) of 19.8% during the forecast period.The Key Players Airbus SE (France), Eve Air Mobility (Brazil), Joby Aviation (US), Vertical Aerospace (UK), and Lilium N.V. (Germany).
The C4ISR market is expected to grow from USD 113.4 billion in 2022 to USD 154.0 billion by 2028, at a compound annual growth rate (CAGR) of 5.2% during the forecast period.The Major players Lockheed Martin Corporation (US), Raytheon Technologies Corporation (US), BAE Systems Inc. (UK), General Dynamics Corporation (US), Northrop Grumman (US), and Thales Group (France).
The directed energy weapon market is expected to grow from USD 5.3 Billion in 2022 to USD 12.9 Billion by 2027, at a Compound Annual Growth Rate (CAGR) of 19.6% during the forecast period. The major players Raytheon Technologies Corporation (US), Northrop Grumman Corporation (US), Lockheed Martin Corporation (US), Thales Group (France), and BAE Systems plc (UK).
The aircraft electric motors market is expected to grow from USD 8.2 Billion in 2022 to USD 12.9 Billion by 2027, at a compound annual growth rate (CAGR) of 9.4% during the forecast period. The Major players Moog Inc. (US), Meggitt PLC (UK), Altra Industrial Motion Corporation (US), Woodward, Inc. (US), Allied Motion Inc.(US), Arkwin Industries Inc. (US) and Rolls-Royce PLC (UK) are some of the market players.
The unmanned traffic management market is expected to grow from USD 106 million in 2022 to USD 1,098 million by 2030, at a compound annual growth rate (CAGR) of 33.9% during the forecast period.The Leading players Altitude Angel (UK). Thales Group (France), AirMap, Inc. (US), Airbus (Netherlands), and ANRA Technologies (US).
The space DC-DC converter market is expected to grow from USD 37 Million in 2022 to USD 66 Million by 2027, at a Compound Annual Growth Rate (CAGR) of 12.4% during the forecast period. Texas Instruments Incorporated (US), STMicroelectronics (Switzerland), Crane Co. (US), Infineon Technologies AG (Germany), and Vicor Corporation (US).
The soldier system market is expected to grow from USD 10.4 Billion in 2022 to USD 12.8 Billion by 2027, at a compound annual growth rate (CAGR) of 4.4% during the forecast period.The Major players BAE Systems plc (UK), Elbit Systems (Israel), Aselsan A.S. (Turkey), Saab AB (Sweden), Rheinmetall AG (Germany), General Dynamics (US), and Thales Group (France).
The drone inspection and monitoring market is expected to grow from USD 11.6 Billion in 2022 to USD 23.0 Billion by 2027, at a compound annual growth rate (CAGR) of 14.6% during the forecast period.The major players Intertek Group plc (UK), MISTRAS Group, Inc. (UK), Wipro (India), Lockheed Martin Corporation (US), and Intel Corporation (US).
The Full-Body Scanners Market is expected to grow from USD 153 million in 2022 to USD 302 million by 2027, at a compound annual growth rate (CAGR) of 14.5% during the forecast period.The Major players Smiths Detection (UK), Leidos Security Detection & Automation (Scotland), LINEV Systems (UK), OD Security (Netherlands), and Tek84 Inc. (US).
The Global Aviation Fuel Market size is projected to reach USD 696.2 Billion by 2030 from USD 249.9 Billion in 2022, growing at a CAGR of 13.7% during the forecast period. The market is driven by the increasing demand for air travel, along with the growth of the aviation industry in developing countries. The report highlights the challenges and opportunities in the market, such as volatile crude oil prices and the development of advanced aviation biofuels.
The remote weapon station market is expected to grow from USD 6.6 billion in 2022 to USD 7.5 billion by 2027, at a compound annual growth rate (CAGR) of 2.8% during the forecast period.The Key players Kongsberg (Norway), Elbit Systems (Israel), Rafael Advanced Defense Systems (Israel), Raytheon Technologies Corporation (US), Saab AB (Sweden), Leonardo S.p.A. (Italy), Electro Optic Systems (Australia), ASELSAN A.S. (Turkey), Thales Group (France) Rheinmetall AG (Germany).
The Gunshot Detection Systems market is expected to grow from USD 824 million in 2022 to USD 1,443 million by 2027, at a compound annual growth rate (CAGR) of 11.8% during the forecast period.The Key Players Shot spotter, Inc., (US) and Shooter Detection Systems LLC (US). Key players offering gunshot detection systems for the defence sector are Raytheon Technologies Corporation (US), QinetiQ Group (US), ACOEM Group (France), THALES (France), and Elta Systems Ltd. (Israel).