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 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 market 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 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 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 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 rocket and missile market is expected to grow from USD 57.7 billion in 2023 to USD 77.4 billion by 2028, at a compound annual growth rate (CAGR) of 6.1% during the forecast period.The key players Northrop Grumman Corporation (US), Lockheed Martin Corporation (US), BAE Systems (UK), and Thales Group (France).
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).
The Optical Satellite Communication market is expected to grow from USD 282 Million in 2023 to USD 1,134 Million by 2028, at a Compound Annual Growth Rate (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 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 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 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 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 urban air mobility market is expected to grow from USD 3.8 billion in 2023 to USD 28.5 billion by 2030, at a compound annual growth rate (CAGR) of 33.5% during the forecast period.The Major players Textron Inc. (US), Wisk Aero LLC (US), Airo Group Holdings, Inc. (US), Wingcopter GmbH (Germany), and Vertical Aerospace (UK).
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 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 ultralight and light aircraft market is expected to grow from USD 9.3 billion in 2023 to USD 18.4 billion by 2028, at a compound annual growth rate (CAGR) of 14.4% during the forecast period.The Major Bell Helicopters (US), Pilatus Aircraft(Switzerland), Air Tractor (US), Flight Design General Aviation (Germany), Pipistrel doo (Slovenia),Textron Inc. (US) , Aeropro(Slovakia), Autogyro (Germany).
The Satellite Communication (SATCOM) Equipment Market is expected to grow from USD 22.6 billion in 2023 to USD 38.7 billion by 2028, at a compound annual growth rate (CAGR) of 11.3% during the forecast period.The Key Players such as EchoStar Corporation (US), L3Harris Technologies (US), Thales Group (France), Raytheon Technologies Corporation (US), General Dynamics Corporation (US), Cobham Satcom (Denmark).