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 border security market is expected to grow from USD 26.8 billion in 2024 to USD 34.4 billion by 2029, at a compound annual growth rate (CAGR) of 5.1% during the forecast period.The key players Lockheed Martin Corporation (US), General Dynamics Corporation (US), Northrop Grumman (US), BAE Systems (UK), Thales (France), RTX Corporation (US), Leonardo S.p.A. (Italy), Elbit Systems Ltd. (Israel), L3Harris Technologies, Inc. (US) and Israel Aerospace Industries (Israel).
The small caliber ammunition round consumption is expected to grow from 7,003 million units to 8,661 million units by 2029. The Small Caliber Ammunition market is expected to grow from USD 5.7 billion in 2024 to USD 7.0 billion by 2029, at a compound annual growth rate (CAGR) of 1.9% during the forecast period. The kay players Elbit Systems Ltd. (Israel), Thales (France), Olin Corporation (US), General Dynamics Corporation (US), Nammo AS (Norway).
The Aircraft Cabin Interiors Market 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 command and control systems market is expected to grow from USD 32.5 billion in 2024 to USD 44.7 billion by 2029, at a compound annual growth rate (CAGR) of 6.6% during the forecast period.The key players L3Harris Technologies, Inc. (US), Thales (France), RTX Corporation (US), General Dynamics Corporation (US), Lockheed Martin Corporation (US), BAE Systems (UK), Thales (France), Northrop Grumman (US), Elbit System (Israel), and Honeywell International Inc. (US).
The volume of package delivery drones is projected to grow from 32,456 (In units) in 2024 to 275,703 (In units) by 2030.The drone package delivery market is expected to grow from USD 693 million in 2024 to USD 4,666 million by 2030, at a compound annual growth rate (CAGR) of 37.4% during the forecast period.The Key players Alphabet Inc. (US), Zipline International, Inc. (US), United Parcel Service, Inc. (US), Wingcopter (Germany) and Matternet, Inc. (US).
The military radar market is expected to grow from USD 14.1 billion in 2024 to USD 18.4 billion by 2029, at a compound annual growth rate (CAGR) of 5.4% during the forecast period.The key players RTX Corporation (US), Thales (France), Lockheed Martin Corporation (US), Leonardo S.P.A (Italy), and Israel Aerospace Industries (Israel).
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 Aviation Cloud Market is Expected to Grow From USD 6.1 Billion in 2024 to USD 12.9 Billion by 2029, at a Compound Annual Growth Rate (CAGR) of 16.1% During the Forecast Period. The key players are Lufthansa Group (Germany), Collins Aerospace (US), Adobe (US), Salesforce, Inc. (US), Oracle (US).
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 In-flight Content Market is expected to grow from USD 691 million in 2024 to USD 931 million by 2029, at a compound annual growth rate (CAGR) of 6.1 % during the forecast period. The key players Panasonic Avionics Corporation (US), Thales (France), Anuvu (US), Collins Aerospace (US), Astronics Corporation (US).
The Inertial Navigation Systems market is expected to grow from USD 10.3 billion in 2024 to USD 13.5 billion by 2029, at a compound annual growth rate (CAGR) of 5.6% during the forecast period.The key players Safran Electronics & Defense (France), Northrop Grumman (US), Teledyne Technologies Inc. (US), Collins Aerospace (US), Honeywell International Inc. (US), Thales (France), General Electric Company (US), Trimble Inc. (US), L3Harris Technologies, Inc. (US), EXAIL Technologies (France), MEMSIC Semiconductor Co., Ltd. (China), Israel Aerospace Industries Ltd. (Israel), EMCORE Corporation (US).
The India Drone Market is expected to grow from USD 654 Million in 2024 to USD 1,437 Million by 2029, at a compound annual growth rate (CAGR) of 17.0% during the forecast period.The key players Paras Aerospace (India), ideaforge Technology Ltd. (India), Throttle Aerospace Systems Pvt. Ltd. (India), Garuda Aerospace (India), Asteria Aerospace Limited (India), General Aeronautics (India), and Newspace Research Technologies Pvt. Ltd. (India), Iotechworld (India), Adani Defense and Aerospace (India), Tata Advanced Systems Limited (India), Thanos (India), Dhaksha Unmanned Systems (India), Marut Dronetech Private Limited (India), Hubblefly Technologies (India), Raphe (India).
The LEO satellite market is expected to grow from USD 12.6 billion in 2024 to USD 23.2 Billion by 2029, at a compound annual growth rate (CAGR) of 13.0% during the forecast period.The key players SpaceX (US), Airbus Defence and Space (Germany), Lockheed Martin Corporation (US), Northrop Grumman Corporation (US), and L3Harris Technologies, Inc. (US).
The Ground Support Equipment market is expected to grow from USD 6.1 billion in 2024 to USD 7.4 billion by 2029, at a compound annual growth rate (CAGR) of 3.9% during the forecast period. The key players Oshkosh Corporation (US), China International Marine Containers (Group) Ltd. (China), TCR Group (Belgium), Weihai Guangtai Airport Equipment Co., Limited (China), Textron Ground Support Equipment Inc. (US).
The UAV (Drone) market is expected to grow from USD 30.2 billion in 2024 to USD 48.5 billion by 2029, at a compound annual growth rate (CAGR) of 9.9% during the forecast period.The key players General Atomics Aeronautical Systems, Inc. (GA-ASI) (US), Northrop Grumman Corporation (US), Elbit Systems Ltd. (Israel), Israel Aerospace Industries Ltd. (Israel), SZ DJI Technology Co., Ltd. (China), AeroVironment, Inc. (US), Lockheed Martin Corporation (US), Thales Group (France), Aeronautics Ltd. (Israel).
The armored vehicles market is expected to grow from USD 51.6 billion in 2024 to USD 60.7 billion by 2029, at a compound annual growth rate (CAGR) of 3.3% during the forecast period.The key players Rheinmetall AG (Germany), General Dynamics Corporation (US), Oshkosh Corporation (US), BAE Systems (UK), and Hanwha Defense (South Korea).
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 Unmanned Underwater Vehicles market is expected to grow from USD 4.8 billion in 2024 to USD 11.1 billion by 2030, at a compound annual growth rate (CAGR) of 15.0% during the forecast period.The key players Kongsberg (Norway), Saab AB (Sweden), Boeing (US), Oceaneering International, Inc. (US) and Fugro (Netherlands).
The global ammunition market is expected to grow from USD 28.0 Billion in 2023 to USD 33.1 Billion in 2028, at a Compound Annual Growth Rate (CAGR) of 3.4% during the forecast period. The key players are Northrop Grumman Corporation (US), CBC Global Ammunition (Brazil), BAE Systems (UK), Thales Group (France), and General Dynamics Corporation (US), Nammo AS (Norway).
The Electronic Warfare Market is expected to grow from USD 10.8 billion in 2023 to USD 19.4 billion by 2028, at a compound annual growth rate (CAGR) of 12.5% during the forecast period.The key players BAE Systems (UK), Raytheon Technologies Corporation (US), Northrop Grumman (US), L3Harris Technologies, Inc. (US), Lockheed Martin Corporation (US), Israel Aerospace Industries (Israel), Elbit Systems (UK).
The 3D printed satellite market is expected to grow from USD 112 Million in 2024 to USD 487 Million by 2030, at a compound annual growth rate (CAGR) of 27.7% during the forecast period. The key players are Maxar Space Systems (US), Boeing (US), 3D Systems (US), Northrop Grumman Corporation (US).
The Actuators market is expected to grow from USD 67.7 Billion in 2024 to USD 94.8 Billion by 2029, at a Compound Annual Growth Rate (CAGR) of 7.0 % during the forecast period. The key players are SMC Corporation (Japan), Rockwell Automation (US), Curtiss-wright Corporation (US), ABB Ltd (Switzerland), and Parker Hennifin Corporation (US).
The aircraft landing gears market 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 defense electronics obsolescence market is expected to grow from USD 2.5 billion in 2023 to USD 3.7 billion by 2028, at a compound annual growth rate (CAGR) of 8.2% during the forecast period.The key players Raytheon Technologies Corporation (US), BAE Systems (UK), L3Harris Technologies, Inc. (US), Thales (US) and Elbit Systems Ltd. (Israel).
The aircraft engine test cells market 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 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 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 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 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).