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 aircraft communication system market 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 space launch services market is expected to grow from USD 16.9 billion in 2022 to USD 29.6 billion by 2027, at a compound annual growth rate (CAGR) of 15.1% during the forecast period.The key players SpaceX (US), Arianespace (France), China Aerospace Science and Technology Corporation (China), United Launch Alliance (US), Northrop Grumman Corporation (US).
The ballistic protection market is expected to grow from USD 13.4 billion in 2022 to USD 16.9 billion by 2027, at a compound annual growth rate (CAGR) of 4.7% during the forecast period.The Key Players BAE Systems (UK), Avon Protection (US), Rheinmetall AG (US), Tencate Advanced Armor (Netherlands), Point Blank Enterprises (US) and SAAB AB (Sweden).
The active protection system market is expected to grow from USD 3.9 billion in 2022 to USD 5.2 billion by 2027, at a compound annual growth rate (CAGR) of 5.5% during the forecast period.The Key Players Rheinmetall AG (Germany), Saab AB (Sweden), Raytheon Company (US), Airbus (Netherlands), and Aselsan AS (Turkey).
The military lighting market is expected to grow from USD 559 million in 2022 to USD 807 million by 2027, at a compound annual growth rate (CAGR) of 7.6% during the forecast period.The Key Players Astronics Corp. (US), Honeywell International (US), Raytheon Technologies (US), Glamox (Norway), and Orion Energy Systems (US).
The Marine seats market is expected to grow from USD 1.6 billion in 2022 to USD 1.9 billion by 2027, at a compound annual growth rate (CAGR) of 4.9% during the forecast period.The Major players West Marine (US), Sun Marine (Netherlands), Recaro (Netherlands), Allsalts (Canada), and Shockwave (Canada).
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 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 Digital Shipyard Market is expected to grow from $ 1.3 billion in 2022 to $ 5.5 billion by 2030, at a Compound Annual Growth Rate (CAGR) of 9.1% during the forecast period. The Key companies operating in the digital shipyard market include Siemens (Germany), Dassault Systemes (France), Accenture (Ireland), SAP (Germany), and BAE Systems (UK).
The military wearables market is expected to grow from USD 3.1 Billion in 2022 to USD 3.4 Billion by 2027, at a compound annual growth rate (CAGR) of 1.8% during the forecast period.The Major players BAE Systems PLC (UK), Elbit Systems Ltd. (Israel), Rheinmetall AG (Germany), Thales Group (France), Saab AB (Sweden), Aselsan A.S (Turkey), General Dynamic Corporation (US).
The target drones market is projected to reach USD 6.4 billion by 2027, at a CAGR of 7.4% during the forecast period. Key players in the target drones market include QinetiQ Group plc (UK), Kratos Defense & Security Solutions, Inc. (US), Airbus Group (Netherlands), Northrop Grumman Corporation (US), and Boeing Company (US). The players are largely focused on new product development and launches, and having a strong global presence will help them gain a competitive advantage in the target drones industry. These companies are concentrating their efforts on breaking into new markets by launching technologically superior and cost-effective platforms and infrastructure solutions. These companies, in addition to new product releases and advances, have adopted partnership, contracts and agreement strategy.
The VSAT market is projected to reach USD 16.4 billion by 2027, at a CAGR of 16.9% during the forecast period. Gilat Satellite Networks (Israel), L3 Harris Technologies (US), Viasat Inc (US), Inmarsat Global Limited (UK), and Orbit Communication System (Israel) are some of the leading players operating in the VSAT market report.
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 business jet market is expected to grow from USD 30.1 billion in 2022 to USD 41.8 billion by 2030, at a CAGR of 4.2% during the forecast period. Major players operating in the business jets market include Textron Inc. (US), Embraer SA (Brazil), Gulfstream Aerospace (US), Bombardier Inc. (Canada) and Dassault Aviation (France), among others. These companies have well-equipped manufacturing facilities and strong distribution networks across North America, Europe, Asia Pacific, Latin America, Middle East and Africa.
The air traffic management market size is projected to reach USD 11.8 billion by 2027, at a CAGR of 8.1% during the forecast period. Thales Group (France), Raytheon Technologies Corporation (US), L3Harris Technologies, Inc. (US), Indra Sistemas, S.A. (Spain) and Saab AB (Sweden) are the key players in the global air traffic management market.
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 Tactical Data Link Market is projected to reach USD 10.3 billion by 2027, at a CAGR of 4.9% during the forecast period. Major Tactical Data Link Market players present in North America include as L3harris Technologies (US), Honeywell International Inc (US), General Dynamics Corporation (US), Lockheed Martin (US), ViaSat (US).
The drone software market size is projected to reach USD 11.2 billion by 2027, at a CAGR of 17.1% during the forecast period. The major players in the drone software market are DJI (China), ESRI (US), Pix4D SA (Switzerland), DroneDeploy Inc. (US), PrecisionHawk, Inc. (US).
MarketsandMarkets: The robotics and automation actuators market size is projected to reach USD 35.8 billion by 2027; at a CAGR of 13.9% during the forecast period. ABB (Switzerland), Rockwell Automation (US), Altra Industrial Motion (US). Moog (US), SMC (Japan), Curtis Wright (Exlar) (US), and MISUMI (Japan) are some of the leading players covered in the robotics and automation actuators market report.
The Unmanned ground vehicles market is projected to reach USD 3.6 billion by 2027, at a CAGR of 5.7% during the forecast period. Major players in the Unmanned ground vehicles market include BAE Systems (UK), QinetiQ (UK), Rheinmetall AG (Germany), Teledyne FLIR (US), General Dynamics (US), ECA Group (France), and Lockheed Martin (US). The report covers various industry trends and new technological innovations in the Unmanned ground vehicles market for the period, 2018-2027.
The special mission aircraft market 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 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 Fixed-wing VTOL UAV market is expected to grow from USD 842 million in 2022 to USD 4,627 million by 2030, at a compound annual growth rate (CAGR) of 1.9% during the forecast period.The Key players ALTI UAS (South Africa), Ukrspecsystems (Ukraine), Threod Systems (Estonia), Quantum Systems (Germany), Vertical Technologies (Netherlands), Arcturus UAV (US), Textron (US), Lockheed Martin (US), and Latitude Engineering (US).
The military battery market is projected to reach USD 1.6 billion by 2027, at a CAGR of 4.1% during the forecast period. Some of the key players profiled in the military battery market report include EnerSys (US), GS Yuasa International Ltd (Japan), Saft (France), Exide Industries (India), and EaglePicher Technologies (US). The players are mostly engaged in new product launches & developments and having a strong global presence will enhance their position in the military battery market. These players are primarily focusing on entering new markets by launching technologically advanced and cost-effective platforms and infrastructure. Apart from new product launches & developments, these players also adopted the partnerships contracts, & agreements strategy.
The Vessel Traffic Management Market is projected to reach USD 8.7 billion by 2027, at a CAGR of 8.4% during the forecast period. Key players operating in the vessel traffic management market include Kongsberg Gruppen (Norway), Saab SA (Sweden), Leonardo S.p.A. (Italy), Wartsila (Finland), Thales Group (France), among other solution, service and equipment providers. These players offer comprehensive solution to key stakeholders in the market.
The Drone Package Delivery Market is projected to reach USD 5,556 million by 2030, at a CAGR of 49.0% during the forecast period. Major players in the drone package delivery market are Amazon.com, Inc. (US), DHL International GmbH (Germany), United Parcel Service of America, Inc. (US), Zipline (US), Matternet Inc., (US), Airbus S.A.S. (Netherlands) FedEx (US), Matternet (US), EHang (China), and Wing Aviation (US), and Boeing (US). These companies have strong distribution networks in the logistics business across North America, Europe, Asia Pacific and other regions in turn driving the demand for last-mile deliveries and drone package deliveries.
The Space on-board computing platform market is projected to reach USD 2.3 billion by 2027, at a CAGR of 12.1% during the forecast period. Major space on-board computing platforms market players present in North America include L3harris Technologies (US), Lockheed Martin Corporation (US), Honeywell International Inc. (US), Northrop Grumman Corp. (US), and Lockheed Martin (US). Other key players present in North America are York space Systems (US), and Space Tango (US).
The remote towers market industry is projected to grow from USD 0.3 billion in 2022 and to reach USD 0.6 billion by 2027, at a Compound Annual Growth Rate (CAGR) of 19.6% during the forecast period. Saab (Sweden), Thales Group (France), Frequentis Group (Austria), Indra Sistemas (Spain), and L3Harris Technologies (US) are some of the leading players operating in the remote towers market. These key players offer remote towers technology across the North America, European, Asia Pacific, Middle East & Africa and South America.
The Aerospace and Defense Telemetry Market is projected to reach USD 2.0 billion by 2027, at a CAGR of 6.9% during the forecast period. The Aerospace and Defense Telemetry Market is estimated to be USD 1.4 billion in 2022 and is projected to reach USD 2.0 billion by 2027, at a CAGR of 6.9% from 2022 to 2027.
The waveguide components and assemblies market is expected to grow from USD 1.3 billion in 2022 to USD 1.6 billion by 2027, at a CAGR of 4.8% during the forecast period. Major players operating in the waveguide components and assemblies market include Quantic Electronics (US), Millimeter Wave Products Inc. (US), Cobham Limited (UK), Ducommun Incorporated (US), and ETL Systems (UK), among others. These companies have advance technologies and strong distribution networks across North America, Europe, and other regions.
The aircraft nacelle and thrust reverser market 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 Space power electronics market is projected to reach USD 435 million by 2026, at a CAGR of 16.2% during the forecast period. The space power electronics market is dominated by a few globally established players such as Infineon Technologies (Germany), Texas Instrument Incorporated US), STMicroelectronics (Switzerland), Onsemi (US), Renesas Electronics Corporation (Japan), among others.
The Military Simulation and Training market size is projected to reach USD 12.2 billion by 2027, at a CAGR of 5.6% during the forecast period. This region is expected to lead the market from 2021 to 2026, owing to increased investments and the adoption of advanced military simulators for all the platforms by countries in this region. The presence of prominent manufacturers and integrators of these Military Simulation and Training, including Lockheed Martin (US), Northrop Grumman (US), L3Harris Technologies, Inc. (US), and Raytheon Technologies (US), is also expected drive the market in the region over the forecast period.
The defense integrated antenna market is expected to grow from USD 543 million in 2022 to USD 722 million by 2026, at a CAGR of 5.8% during the forecast period. The Defense integrated antenna market is dominated by a few globally established players such as L3Harris Technologies (US), Airbus (Netherlands), General Dynamics (US), Maxar Technologies (US), and Honeywell International Inc. (US), among others.
The Electronically Scanned Array Market is projected to reach USD 10.4 billion by 2026, at a CAGR of 7.1% during the forecast period. Major players in the electronically scanned array market include SAAB AB (Sweden), Raytheon Technologies (US), Mitsubishi Electric (Japan), Thales Group (France), Northrop Grumman Corp. (US), and Lockheed Martin (US). Other key players in the electronically scanned array market include Hensoldt AG (Germany), Telephonics Corp. (US), and Src, Inc. (US). The report covers various industry trends and new technological innovations in the electronically scanned array market for the period, 2018-2026.
The satellite cables and assemblies market is projected to reach USD 560 million by 2026, at a CAGR of 21.7 % during the forecast period. The Satellite cables and assemblies market is dominated by a few globally established players such as Nexans S.A (France), Amphenol Corporation (US), T.E Connectivity (Switzerland), Huber +Suhner (Switzerland), W.L Gore & Associates (US), among others.
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 LEO satellite market is expected to grow from USD 9.6 billion in 2021 to USD 19.8 billion by 2026, at a compound annual growth rate (CAGR) of 15.5 % during the forecast period.The leading players L3Harris Technologies (US), Honeywell International Inc.(US), Airbus (Germany), SpaceX (US), Northrop Grumman (US)
The market for military cables is projected to reach USD 26.2 billion by 2026, at a CAGR of 3.4% during the forecast period. The military cables market is dominated by a few globally established players such as Prysmian Group (Italy), Nexans S.A. (France), Sumitomo Electric Industries Ltd (Japan), Collins Aerospace (US), and Carlisle Interconnect Technologies (US).
The Aircraft Micro Turbine Engines Market 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.
The radar systems market is expected to grow from USD 32.5 billion in 2021 to USD 41.0 billion by 2026, at a CAGR of 4.8% during the forecast period. Major players in the radar systems market include SAAB AB (Sweden), Raytheon Technologies (US), Mitsubishi Electric (Japan), Thales Group (France), Northrop Grumman Corp. (US), Aselsan AS (Turkey), and Lockheed Martin (US). Other key players in the market are Hensoldt AG (Germany), Telephonics Corp. (US), and Src, Inc. (US).
Military antenna market is projected to reach USD 5.2 billion by 2026, at a CAGR of 5.9% during the forecast period. The Military antenna market is dominated by a few globally established players such as L3Harris Technologies (US), Airbus (Netherlands), General Dynamics (US), Maxar Technologies (US), and Honeywell International Inc. (US), among others.
The aircraft antenna market is expected to grow from USD 0.6 billion in 2021 to USD 0.9 billion by 2026, at a CAGR of 7.9% during the forecast period. Key players have adopted various organic and inorganic strategies to strengthen their position in the aircraft antenna market. The major players include L3Harris Technologies Inc. (US), Honeywell International (US), Collins Aerospace (US), Cobham Limited (UK), and The Boeing Company (US), these players have adopted various strategies, such as acquisitions, contracts, new product launches, and partnerships & agreements, to expand their presence in the market further.
The inertial measurement unit market is expected to grow from USD 21.3 billion in 2021 to USD 40.7 billion by 2026, at a CAGR of 13.8% during the forecast period. Key players have adopted various organic and inorganic strategies to strengthen their position in the inertial measurement unit market. The major players include General Electric (US), Honeywell (US), Bosch (Germany), Safran (France), and Northrop Grumman (US). These players have adopted various strategies, such as acquisitions, contracts, new product launches, and partnerships & agreements, to expand their presence in the market further.
The Weapons Carriage and Release Systems Market is projected to reach USD 571 million by 2026, at a CAGR of 4.3% during the forecast period. Prominent companies in this market include well-established, financially stable manufacturers of carriage and release system providers with a global presence. These companies have been operating in the market for several years and have a diversified product portfolio, state-of-the-art technologies, and robust global sales and marketing networks. Prominent companies include L3Harris Technologies (US), Cobham PLC (UK), and Systima Technologies (US). These players have spread their business across various countries including North America, Europe, Asia Pacific, the Middle East, and the Rest of the World. COVID-19 has impacted their businesses as well.
The satellite antenna market is projected to reach USD 10.5 billion by 2026, at a CAGR of 20.6% during the forecast period. The satellite antenna market is dominated by a few globally established players such as Thales Group (France), L3Harris Technologies (US), Honeywell International Inc. (US), Hughes Network Systems (US), Viasat, Inc. (US), among others.
The global market for aircraft wire and cable is projected to reach USD 1.9 billion by 2026, at a CAGR of 5.7% during the forecast period. The aircraft wire and cable market is dominated by a few globally established players such as Amphenol Corporation (US), Carlisle Interconnect Technologies (US), Collins Aerospace (US), TE Connectivity (Switzerland), and Nexans SA. (France).
The in-flight entertainment and connectivity market is expected to grow from USD 4.7 billion in 2021 to USD 6.1 billion by 2026, at a CAGR of 5.2% during the forecast period. The in-flight entertainment & connectivity market is dominated by a few globally established players such as Thales Group (France), Viasat, Inc. (US), Astronics Corporation (US), Iridium Communications Inc. (US), Gogo LLC (US).
The Weather Forecasting Systems Market is projected to reach USD 3.5 billion by 2026, at a CAGR of 5.1% in terms of value during the forecasted period. The Weather Forecasting Systems Market is dominated by a handful of established players, mainly due to the high technical expertise required to design the necessary equipment that are integrated into weather stations. The key players in the market include The Weather Company (US), Vaisala OYJ (Finland), AccuWeather Inc. (US), StormGeo (Norway), Sutron Corporation (US), Campbell Scientific (US), Airmar Technology Corporation (US), All Weather, Inc. (US), G. Lufft Mess-und Regeltechnik (Germany), and Skye Instruments (UK) among others. Major focus was given to the contracts and new product development due to the changing requirements of end-user industries globally.
The sonar system market is expected to reach USD 6.5 billion by 2026, at a CAGR of 1.8% during the forecast period. Major players in the defense sonar system market include Thales Group (France), ATLAS ELEKTRONIK GmbH (Germany), Raytheon Company (US), Lockheed Martin (US), L-3 Technologies Inc. (US) and Ultra Electronics (UK). Major players in the hydrographic sonar market include Kongsberg Gruppen ASA (Norway), Teledyne Technologies Inc. (US), and Sonardyne (UK). Navigation and fisheries sonars are provided by Furuno Electric Co., Ltd. (Japan), Japan Radio Company (Japan), Navico (Norway), and FLIR Systems (US). The report covers various industry trends and new technological innovations in the sonar system market for the period, 2016-2023.