Commercial Aviation companies are expected to have a bright future following decline in fuel prices and rise in per capita income of people in emerging economies. However, as fuel prices exhibit volatility, optimizing resources ....see more
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 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 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 Aircraft Cabin Interiors Market Size is expected to grow from USD 26.1 billion in 2024 to USD 31.6 billion by 2029, at a compound annual growth rate (CAGR) of 3.9 % during the forecast period.The key players Safran (France), Panasonic Avionics Corporation (US), Collins Aerospace (US), Gogo Business Aviation, LLC (US) and Honeywell International Inc. (US).
The In-flight Entertainment and Connectivity market is expected to grow from USD 8.6 billion in 2024 to USD 11.7 billion by 2029, at a compound annual growth rate (CAGR) of 6.3% during the forecast period.The key players Panasonic Avionics Corporation (US), Thales (France), Anuvu (US), Collins Aerospace (US), and Astronics Corporation (US).
The inflight retail and advertising market is expected to grow from USD 3.5 billion in 2024 to USD 5.1 billion by 2029, at a compound annual growth rate (CAGR) of 7.8% during the forecast period.The key players Panasonic Avionics Corporation (US), Thales (France), Viasat, Inc. (US), Anuvu (US) and IMM International (France).
The In-flight Internet market is expected to grow from USD 1.6 billion in 2024 to USD 2.1 billion by 2029, at a compound annual growth rate (CAGR) of 5.7% during the forecast period. The key players Viasat, Inc. (US), Gogo Business Aviation LLC (US), Panasonic Avionics Corporation (US), Thales (France), and Collins Aerospace (US) .
The Aircraft Seating market is expected to grow from USD 8.9 billion in 2024 to USD 11.2 billion by 2029, at a compound annual growth rate (CAGR) of 4.8% during the forecast period.The key players Raytheon Technologies Corporation (US), Safran (France), RECARO Aircraft Seating GmbH & Co. KG (Germany), ZIM Aircraft Seating GmbH (Germany), Stelia Aerospace (France), Jamco Corporation (Japan), ST Engineering (Singapore), Acro Aircraft Seating (UK), Expliseat (UK), Adient Aerospace LLC (US), Mirus Aircraft Seating (England), Martin Baker Aircraft Co. Ltd (UK), Geven S.P.A. (Italy), Ipeco Holdings Ltd (UK), UNUM (UK).
The aircraft landing gears market size is expected to grow from USD 7.1 billion in 2023 to USD 9.1 billion by 2028, at a compound annual growth rate (CAGR) of 5.0% during the forecast period.The key players Collins Aerospace (US), Safran (France), Héroux-Devtek (Canada), Liebherr (Switzerland), Triumph Group (US).
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 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 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 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 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 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 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 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 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 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 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 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 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 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 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 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 Aircraft Braking System Market is expected to grow from USD 6.4 Billion in 2022 to USD 7.6 Billion by 2027, at a Compound Annual Growth Rate (CAGR) of 3.3% during the forecast period. The Key players are Safran (France), Collins Aerospace (US), Parker-Hannifin Corporation (US), Crane Co. (US), and Honeywell International Inc. (US).
The aircraft seat upholstery market is expected to grow from USD 1.9 billion in 2022 to USD 2.3 billion by 2027, at a compound annual growth rate (CAGR) of 3.6% during the forecast period.The Major players Franklin Products (US), J&C Aero (Lithuania), Perrone Performance Textiles & Leathers (US), InTech Aerospace (US), and Botany Weaving (Ireland).
The Aircraft Hydraulic Systems Market is expected to grow from USD 9.8 Billion in 2022 to USD 16.6 Billion by 2027, at a compound annual growth rate (CAGR) of 11.3% during the forecast period.The Major players Raytheon Technologies Corporation (U.S.), Parker-Hannifin Corporation (U.S.), Safran S.A. (France), Eaton Corporation Plc (Ireland), Liebherr-International Deutschland GmbH (Switzerland), Woodward, Inc. (U.S.), Triumph Group, Inc. (U.S.), Moog Inc. (U.S.), Arkwin Industries Inc. (U.S.), and Beaver Aerospace & Defense, Inc. (U.S.).
The Aircraft Battery Market is expected to grow from USD 381 million in 2022 to USD 723 million by 2027, at a compound annual growth rate (CAGR) of 13.7% during the forecast period.The Key Players EnerSys (US), Concorde Batteries (US), Saft (France), Teledyne Battery Products (US), and EaglePicher Technologies (US).
The aircraft flight control systems market is expected to grow from USD 14.5 Billion in 2022 to USD 21.5 Billion by 2027, at a compound annual growth rate (CAGR) of 1.9% during the forecast period.The Major Players Honeywell International Inc. (US), Moog Inc. (US), Raytheon Technologies Corporation (US), Safran SA (France), Thales (France), Parker Hannifin Corporation (US), Curtiss-Wright Corporation (US), and BAE Systems PLC (UK).
The DC-DC Converter Market size is expected to grow from USD 4.9 Billion in 2022 to USD 6.4 Billion by 2027, at a compound annual growth rate (CAGR) of 5.1% during the forecast period. The Key Players are TDK Lambda Corporation (Japan), Texas Instruments Incorporated (US), Delta Electronics (Taipei), Flex Ltd. (Singapore), and Infineon Technologies AG (Germany).
The Aircraft Actuators Market is expected to grow from USD 8.1 Billion in 2022 to USD 11.4 Billion by 2027, at a compound annual growth rate (CAGR) of 7.0% during the forecast period. The Major players Raytheon Technologies Corporation (US), Curtiss-Wright Corporation (US), Honeywell International Inc. (US), Safran SA (France), Liebherr Group (Germany), Moog Inc. (US), and Eaton Corporation plc (Ireland).
The Aircraft Tires Market is expected to grow from USD 1.4 Billion in 2022 to USD 1.6 Billion by 2027, at a compound annual growth rate (CAGR) of 2.9% during the forecast period.The Major Players Michelin (France), Goodyear Tire and Rubber Co. (US), Bridgestone Corporation (Japan), Dunlop Aircraft Tyres Ltd. (UK), Qingdao Sentury Tires Co. Ltd. (China), Specialty Tires of America (US ), Aviation Tires and Treads, LLC (US), Desser Aerospace (US), and Watts Aviation Aircraft Tires (UK).
The Aircraft Sensors Market Size is expected to grow from $ 4.7 billion in 2022 to $ 7.0 billion by 2027, at a compound annual growth rate (CAGR) of 8.3% during the forecast period. The Key Players are Honeywell (US), TE Connectivity (US), Meggitt PLC (UK), AMETEK Inc. (US), and Safran (France).
The Aviation Analytics market is expected to grow from USD 2.5 billion in 2022 to USD 4.7 billion by 2027, at a compound annual growth rate (CAGR) of 13.0% during the forecast period.The Key players Oracle Corporation (US), General Electric (US), Lufthansa Technik (Germany), SAP (Germany), and IBM (US).
The global Helicopters Market is projected to grow at a CAGR of 6.1% from 2023 to 2027. The market is driven by the increasing demand for helicopters in Emergency Medical Services (EMS), Law Enforcement, and Oil and Gas industries, along with the growing demand for military helicopters.
The aircraft communication system market size is expected to grow from USD 8.2 billion in 2022 to USD 12.8 billion by 2027, at a compound annual growth rate (CAGR) of 9.2% during the forecast period. The Leading Players L3Harris Technologies (US), Thales Group (France), Collins Aerospace (US), Elbit Systems (Israel), and Honeywell International Inc. (US).
The electronic flight instrument (EFIS) market is expected to grow from USD 618 Million in 2022 to USD 720 Million by 2027, at a compound annual growth rate (CAGR) of 3.1% during the forecast period.The Major players Honeywell International Inc. (US), Raytheon Technologies Corporation (US), General Electric Company (US), Thales SA (France), BAE Systems PLC (UK), Astronautics Corporation of America (US), Garmin Limited (US), and L3Harris Technologies Inc. (US).
The Flight Simulator market is expected to grow from USD 7.4 billion in 2022 to USD 10.3 billion by 2027, at a compound annual growth rate (CAGR) of 6.9% during the forecast period.The key market players CAE Inc. (Canada), L3Harris Technologies, Inc. (US), Thales SA (France), Saab AB (Sweden), Indra (Spain), Flight Safety International (US), The Boeing Company (US), Airbus S.A.S. (Netherlands), Tru Simulation + Training Inc. (US), and Raytheon Company (US).
The airborne SATCOM market size is projected to reach USD 7.3 billion by 2027, at a CAGR of 6.5% during the forecast period. Some of the major players in the airborne SATCOM market are Thales Group (France), Gilat Satellite Networks (Israel), Collins Aerospace (US), Cobham Limited (UK), General Dynamics Corporation (US), and Honeywell International Inc (US).
The aircraft generators market is expected to grow from USD 5.2 billion in 2022 to USD 7.3 billion by 2027, at a CAGR of 7.1% during the forecast period. Key players operating in the aircraft generator market include Honeywell (US), General Electric (US), Collins Aerospace (US), Safran (France), Thales Group (France) among other solution, service and equipment providers. These players offer comprehensive solution to key stakeholders in the market.
The special mission aircraft market size is projected to reach USD 19.9 billion by 2027, at a CAGR of 4.6% during the forecast period. The Boeing Company (US), Lockheed Martin (US), Dassault Aviation SA (France), Textron Aviation (US), and Northrop Grumman Corporation (US) are the key players in the global special mission aircraft market.
The Aviation Lubricants Market Size is projected to reach USD 1,082 million by 2027, at a CAGR of 6.1% during the forecast period. Key players operating in the aviation lubricants market include Shell plc (UK), Exxon Mobil Corporation (US), TotalEnergies Company (France), BP p.l.c. (UK), and PJSC LUKOIL (Russia).
The aircraft nacelle and thrust reverser market size is expected to grow from USD 4.2 Billion in 2021 to USD 5.6 Billion by 2026, at a CAGR of 6.0% during the forecast period. Major players operating in the renewable jet fuel market include Safran (France), Spirit AeroSystems (US), FACC AG (Austria), Barnes Group Inc (US), and Woodward (US) among others. Some of the Private and small enterprises in the aircraft nacelle and thrust reverser market include Aernnova Aerospace S.A. (Spain), Magellan Aerospace Corporation (Canada), Collins Aerospace (US), The NORDAM Group (US), and GKN Aerospace (UK).
The Aircraft Electrification Market is expected to grow from USD 6.0 billion in 2021 to USD 20.0 billion by 2030, at a CAGR of 14.3% during the forecast period. The aircraft electrification market includes major players like Honeywell International Inc. (US), Safran (France), Thales Group (France), Raytheon Technologies (US), GE Aviation (US). These players have spread their business across various countries including North America, Europe, Asia Pacific, Middle East, Africa, and Latin America.
The Aircraft Micro Turbine Engines Market Size is projected to reach USD 4.5 billion by 2030, at a CAGR of 5.5% during the forecast period. Major companies profiled in the report include Raytheon Technologies Corporation (US), Honeywell International Inc. (US), Kratos Defense & Security Solutions Inc. (US), Safran SA (France), and UAV Turbines Inc. (US), among others.