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 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 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 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 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 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 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).
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 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 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 small satellite market is expected to grow from USD 3.2 billion in 2023 to USD 7.0 billion by 2028, at a compound annual growth rate (CAGR) of 16.8 during the forecast period.The Major players Sierra Nevada Corporation (US), L3Harris Technologies (US), Lockheed Martin Corporation (US), Northrop Grumman Corporation (US), and Airbus Defence and Space (Germany).
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 Cargo Drones Market is expected to grow from USD 0.6 Billion in 2022 to USD 9.4 Billion by 2030, at a Compound Annual Growth Rate (CAGR) of 38.6% during the forecast period. The Major players are Volocopter Gmbh (Germany), Dufour Aerospace (Switzerland), The Boeing Company (US), Pipistrel (Slovenia), and EHang (China).
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).