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 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 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 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 aerostructures market is expected to grow from USD 49.0 billion in 2021 to USD 75.0 billion by 2026, at a CAGR of 9.0% during the forecast period. The Aerostructures market includes major players Spirit AeroSystems (US), Airbus (Netherlands), Saab AB (Sweden), Triumph group Inc (US), and Leonardo S.P.A (Italy). 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 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 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 sustainable aviation fuel market is expected to grow from USD 219 million in 2021 to USD 15,716 million by 2030, at a CAGR of 60.8% during the forecast period. Major players operating in the renewable jet fuel market Neste (Finland), TotalEnergies (France), World Energy (US), Fulcrum BioEnergy (US), and LanzaTech (US) among others. These key players offer various products and services such as biofuel, synthetic fuel, e-fuels, green fuel, and hydrogen fuel, in order to curb the GHG emissions from the aviation and other industrial sectors such as automotive, marine, chemical etc. The startup companies in the sustainable aviation fuel market include Preem (Sweden), OMV (Austria), Atmosfair (Germany), Wastefuel (US), Prometheus Fuels (US) Red Rocks Biofuel (US), Northwest Advanced Biofuels (Austria). These startups are collaborating with various stakeholders of the aviation fuel industry to contribute towards the ambitious goals of GHG emission reductions from the aviation and other industrial sectors.
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 aerospace robotics market is projected to reach USD 4.9 billion by 2026, at a CAGR of 11.4% during the forecast period. This report includes a study on the marketing and development strategies, along with the product portfolios of leading companies. It consists of profiles of leading companies, such as Kuka AG (Germany), ABB Group (Switzerland), FANUC Corporation (Japan), Yaskawa electric corporation (Japan), Kawasaki Heavy Industries Ltd (Japan), Mtorres (Spain), Oliver Crispin Robotics Limited (UK), Gudel AG (Switzerland), Electroimpact Inc. (US), Universal Robots A/S (Denmark).
The aerospace 3D printing market is expected to grow from USD 1.9 billion in 2021 to USD 4.7 billion by 2026, at a CAGR of 19.4% during the forecast period. The major players in the aerospace 3D printing market include Stratasys Ltd. (U.S.), 3D Systems Corporation (U.S.), EOS GmbH (Germany), Norsk Titanium AS (Norway), Ultimaker B.V. (Netherlands), and EnvisionTec GmbH (Germany), These players have spread their business across various countries includes North America, Europe, Asia Pacific, Middle East, Africa, and Latin America. COVID-19 has impacted their businesses as well.
The aircraft insulation market is expected to grow from USD 5.5 billion in 2021 to USD 8.2 billion by 2026, at a CAGR of 8.3% during the forecast period. The aircraft insulation market includes major players DuPont (US), Triumph Group, Inc. (US), Transdigm Group, Inc. (US), Zotefoams (UK), BASF SE (Germany), Rogers Corporation (US), Safran Group (France), and Evonik Industries (Germany).
The eVTOL aircraft market is expected to grow from USD 8.5 billion in 2021 to USD 30.8 billion by 2030, at a compound annual growth rate (CAGR) of 15.3% during the forecast period.The key players Airbus SE (Netherlands), Bell Textron Inc. (US), Embraer SA (Brazil), EHang Holdings Ltd (China), and Elbit Systems Ltd. (Israel).
The aircraft propeller system market is expected to grow from USD 308 million in 2021 to USD 414 million by 2026, at a CAGR of 6.1% during the forecast period. Major players operating in the aircraft propeller system Hartzell Propeller, Inc. (Hartzell Propeller) (US), MT-Propeller Entwicklung GmbH (MT-Propeller) (Germany), and Dowty Propeller (UK) are the largest providers of aircraft propeller systems in the North American and European regions.
According to MarketsandMarkets aircraft gearbox market is projected to reach USD 3.6 billion by 2026, at a CAGR of 6.9% during the forecasting period. This report includes a study on the marketing and development strategies, along with the product portfolios of leading companies. It consists of profiles of leading companies, such as Liebherr (Switzerland), Safran (France), Rexnord Aerospace (US), Triumph Group (US), The Timken Company (US), and United Technologies Corporation (US).
The electric aircraft market is expected to grow from USD 7.9 billion in 2021 to USD 27.7 billion by 2030, at a CAGR of 14.8% during the forecast period. The major players in the electric aircraft market include Airbus SE (Netherlands), Elbit Systems Ltd. (Israel), and AeroVironment, Inc (US), These players have spread their business across various countries includes North America, Europe, Asia Pacific, Middle East, Africa, and Latin America. COVID-19 has impacted their businesses as well.
The Aircraft Engine Market is expected to grow from USD 60.8 billion in 2021 to USD 92.9 billion by 2026, at a CAGR of 8.9% during the forecast period. The aircraft engine market includes major players such as Safran SA (France), General Electric Company (US), Honeywell International Inc (US), Rolls Royce PLC (UK), and MTU Aero Engine (Germany). These players have spread their business across various countries includes North America, Europe, Asia Pacific, Middle East, Africa, and Latin America. COVID-19 has impacted their businesses as well. Industry experts believe that COVID-19 has affected aircraft engines production and services globally in 2020.
The Aircraft Seals Market is expected to grow from USD 1.9 billion in 2021 to USD 2.4 billion by 2026, at a CAGR of 5.1% during the forecast period. SKF (Sweden), Saint-Gobain (France), Trelleborg Sealing Solutions (Sweden), Meggitt PLC (UK), and Parker Hannifin Corporation (US) among others, are some of the leading players operating in the aircraft seals market. These players have spread their business across various countries includes North America, Europe, Asia Pacific, Middle East, Africa, and Latin America. COVID-19 has impacted their businesses as well. Industry experts believe that COVID-19 has affected aircraft seals production and services by 7–10% globally in 2020.
The global aerospace DC-DC converter market size is projected to reach USD 1.7 billion by 2030, at a CAGR of 10.3% during the forecasting period. The aerospace DC-DC converter market is dominated by a few globally established players such as TDK Lambda Corporation (Japan), Texas Instruments Incorporated (US), Vicor Corp. (US), MURATA (Japan) and Infineon Tecnologies AG (Germany)
The DC-DC converter Market is expected to grow from USD 9.9 billion in 2021 to USD 17.6 billion by 2026, at a CAGR of 12.1% during the forecast period. The DC-DC converter market includes major players TDK Lambda Corporation (Japan), Traco Electronics AG (Switzerland), Murata Manufacturing Co. Ltd. (Japan), Infineon Technologies AG (Germany), and Texas Instruments Incorporated (US). These players have spread their business across various countries includes North America, Europe, Asia Pacific, Middle East, Africa, and Latin America. COVID-19 has impacted their businesses as well. Industry experts believe that COVID-19 has affected DC-DC converter production and services globally in 2020.
The electronic flight bag (EFB) market size is projected to reach USD 3.3 billion by 2026, at a CAGR of 6.2% during the forecasting period. The electronic flight bag market is dominated by a few globally established players such as Boeing (US), Honeywell (US), and Collins Aerospace (US).
The Aerospace Valves Market is expected to grow from USD 11.4 billion in 2021 to USD 14.0 billion by 2026, at a CAGR of 4.1% during the forecast period. The aerospace valves market includes major players like Eaton Corporation PLC (Ireland), Safran (France), Woodward, Inc. (US), Triumph Group (US), and Parker Hannifin Corporation (US). These players have spread their business across various countries includes North America, Europe, Asia Pacific, Middle East, Africa, and Latin America. COVID-19 has impacted their businesses as well. Industry experts believe that COVID-19 has affected aerospace valves production and services by 7–10% globally in 2020.
The Aircraft Landing Gear Market is expected to grow from USD 6.9 billion in 2021 to USD 9.6 billion by 2026, at a CAGR of 6.7% during the forecast period. The aircraft pumps market includes major players Collins Aerospace (US), Safran (France), Liebherr (Switzerland), Heroux-Devtek(Canada) and Triumph Group(US). These players have spread their business across various countries includes North America, Europe, Asia Pacific, Middle East, Africa, and Latin America. COVID-19 has impacted their businesses as well.
The Aircraft Braking System Market is expected to grow from USD 10.9 billion in 2021 to USD 13.1 billion by 2026, at a CAGR of 3.6% during the forecast period. The aircraft braking system market includes major players Honeywell International Inc. (US), Meggitt PLC (UK), Safran (France), Crane Co. (US), and Parker-Hannifin Corporation (US). These players have spread their business across various countries includes North America, Europe, Asia Pacific, Middle East, Africa, and Latin America. COVID-19 has impacted their businesses as well. Industry experts believe that COVID-19 has affected aircraft braking system production and services by 7–10% globally in 2020.
The Aircraft Filters Market is expected to grow from USD 823 million in 2021 to USD 1,002 million by 2026, at a CAGR of 4.0% during the forecast period. The aircraft filters market includes major players Parker Hannifin Corporation (US), Donaldson Inc. (US), Safran (France), Porvair PLC (UK), and Freudenberg & Co.KG (Germany). These players have spread their business across various countries includes North America, Europe, Asia Pacific, Middle East, Africa, and Latin America.
The Aircraft Electric Motors Market is expected to grow from USD 8.4 billion in 2021 to USD 12.1 billion by 2026, at a CAGR of 7.4% during the forecast period. Moog Inc. (US), Meggitt PLC (UK), Altra Industrial Motion Corporation (US), Woodward, Inc. (US), and Rolls-Royce PLC (UK), among others, are some of the leading players operating in the aircraft electric motors market.
The aircraft heat exchanger market is expected to reach USD 2.0 billion by 2026, at a CAGR of 9.2% during the forecast period. Major players operating in the aircraft heat exchanger market include Meggitt PLC (Britain), AMETEK(US), TAT Technologies (Israel), Triumph Group (US) and Honeywell (US). These key players offer aircraft heat exchangers applicable for commercial or defense aircrafts, spacecrafts, UAV, UCAVs and have well-equipped and strong distribution networks across the North American, European, Asia Pacific, and the Rest of the World (the Middle East, Latin America, and Africa).
The global aircraft pumps market size is projected to reach USD 4.5 billion by 2026, at a CAGR of 6.3% during the forecasting period. The aircraft pumps market is dominated by a few globally established players such as Safran (France), Eaton Corporation plc (Ireland), Parker-Hannifin Corporation (US), Woodward, Inc. (US), and Crane Co. (US).
The Aerospace Bearings Market is expected to grow from USD 9.6 billion in 2021 to USD 14.7 billion by 2026, at a CAGR of 8.9% during the forecast period. SKF (Sweden), JTEKT Corporation (Japan), Schaeffler AG (Germany), The Timken Company (US), RBC Bearings Inc. (US), and NSK Ltd. (Japan), are the leading players operating in the aerospace bearings market. These players have adopted various growth strategies such as contracts, agreements, acquisitions, expansions, new product launches, partnerships & certifications, investments, venture capital funding, and research & development (R&D) activities to further expand their presence in the aerospace bearings market.
The Air-to-Air Refueling Market is expected to grow from USD 501 million in 2020 to USD 851 million by 2025, at a CAGR of 11.2% during the forecast period. Major players operating in the air-to-air refueling market include Cobham plc (UK), Eaton Corporation (US), Airbus (Netherlands), Boeing (US), and GE Aviation (US). These key players offer air-to-air refueling systems for different platforms, and have well-equipped and strong distribution networks across the North American, European, Asia Pacific, and the Rest of the World (the Middle East, Latin America, and Africa).
The hydrogen aircraft market is projected to reach USD 7,427 million by 2030, at a CAGR of 28.9% during the forecasting period. Some of the players operating in the hydrogen aircraft market are Airbus SE (Netherlands), GKN Aerospace (UK), Urban Aeronautics Ltd (Israel), HES Energy Systems (Singapore), and ZeroAvia Inc (US) are industry majors and have largely benefitted from their well-recognized brands, a wide range of products, and strong distribution capabilities in the hydrogen aircraft market.
The Airborne Optronics Market is expected to grow from USD 1.4 billion in 2020 to USD 2.5 billion by 2025, at a CAGR of 12.7% during the forecast period. The airborne optronics market includes major players Northrop Grumman Corporation (US), Thales SA (France), Safran (France), FLIR Systems, Inc. (US), and Elbit Systems Ltd. (Israel). These players have spread their business across various countries includes North America, Europe, Asia Pacific, Middle East, Africa, and Latin America. COVID-19 has impacted their businesses as well. Industry experts believe that COVID-19 could affect airborne optronics production and services by 7–10% globally in 2020.
The Aircraft Transparencies Market is expected to grow from USD 1.0 billion in 2020 to USD 1.5 billion by 2025, at a CAGR of 7.7% during the forecast period. The aircraft transparencies market includes major players PPG Industries, Inc. (US), GKN Aerospace (UK), Saint-Gobain (France), General Electric Company (US), and Gentex Corporation (US). These players have spread their business across various countries includes North America, Europe, Asia Pacific, Middle East, Africa, and Latin America.
The Aircraft Health Monitoring Market is expected to grow from USD 3.3 billion in 2020 to USD 5.5 billion by 2025, at a CAGR of 10.8% during the forecast period. Major players operating in the aircraft health monitoring market include Safran S.A.(France), Airbus S.A.S (Netherlands), Raytheon Technologies Corporation (US), Honeywell international Inc (US), Teledyne Technologies Inc (US), among others. These key players offer aircraft health monitoring across regions and have well-equipped and strong distribution networks across the North American, European, Asia Pacific, Middle East, African, and Latin American regions.
The Aircraft Seat Actuation System Market is expected to grow from USD 496 million in 2020 to USD 763 million by 2025, at a CAGR of 9.0% during the forecast period. The aircraft seat actuation system market includes major players Astronics Corporation (US), ITT Inc. (US), Crane Co. (US), Collins Aerospace (US), and Bühler Motor GmbH (Germany). These players have spread their business across various countries includes North America, Europe, Asia Pacific, Middle East, Africa, and Latin America. COVID-19 has impacted their businesses as well. Industry experts believe that COVID-19 could affect aircraft seat actuation system production and services by 7–10% globally in 2020.
The aviation analytics market is projected to reach USD 3.0 billion by 2025, at a CAGR of 11.5% during the forecasting period. Major players in the aviation analytics market are IBM Corporation (US), IFS (Sweden), Ramco Systems (India), SAP (Germany), Swiss AviationSoftware (Switzerland), Lufthansa Technik (Germany), General Electric (US), Oracle Corporation (US), and Honeywell International (US).
The More Electric Aircraft Market is expected to grow from USD 1.5 billion in 2020 to USD 3.3 billion by 2025, at a CAGR of 17.4% during the forecast period. Some of the players operating in the market include AMETEK (US), Safran (France), Astronics Corporation (US), Amphenol Corporation (US), Honeywell International, Inc. (US), Meggitt (UK), and Thales Group (France). These companies have well-equipped strong distribution networks across the North American, European, Asia Pacific, the Middle East & African and Latin American regions.
The Aircraft Interface Device Market is expected to grow from USD 167 million in 2020 to USD 311 million by 2025, at a CAGR of 13.2% during the forecast period. Leading aircraft manufacturers, such as The Boeing Company and Bombardier, and major aircraft system and component manufacturers, such as Collins Aerospace, Astronics Corporation, Viasat, Inc., and Teledyne Controls LLC are headquartered in North America. Some of the largest commercial airlines (based on fleet size), such as American Airlines Group, Delta Air Lines, Inc., and United Airlines, are also headquartered in the region. The aircraft interface device market is growing in this region owing to the increased demand for fixed wing and rotary wing aircraft, which are being widely used in civil, military, and security applications.
The Digital MRO Market is expected to grow from USD 606 million in 2020 to USD 1,809 million by 2030, at a CAGR of 11.6% during the forecast period. Major players in the digital MRO market are IBM Corporation (US), IFS (Sweden), Ramco Systems (India), Rusada (Switzerland). SAP (Germany), Swiss AviationSoftware (Switzerland), Lufthansa Technik (Germany), General Electric (US), Boeing (US), and Honeywell International (US).
The Special Mission Aircraft Market is expected to grow from USD 13.5 billion in 2020 to USD 18.3 billion by 2025, at a CAGR of 6.2% during the forecast period. Boeing (US), Lockheed Martin (US), Dassault Aviation (France), Textron Aviation (US) and Northrop Grumman (US), among others, are some of the leading players operating in the special mission aircraft market. These players have adopted various organic and inorganic growth strategies to strengthen their position in the market. These include new product developments, contracts, partnerships, expansions, agreements, acquisitions, and research & development (R&D) activities further to expand their presence in the special mission aircraft market.
The global aircraft actuators market size is expected to grow USD 21.0 billion by 2030, at a CAGR of 8.7% during the forecasting period. The global aircraft actuators market is dominated by a few globally established players such as Honeywell International Inc. (US), Safran (France), Collins Aerospace (US), Moog (US), AMETEK (US), and Woodward Inc. (US)
The Aircraft Seating Market is expected to grow from USD 4.1 billion in 2020 to USD 5.8 billion by 2026, at a CAGR of 5.8% during the forecast period. The aircraft seating market includes major players Safran (Zodiac Aeropsace) (France), Collins Aerospace (US), Geven S.p.A. (Italy), RECARO Aircraft Seating (Germany), and HAECO (Hong Kong).
The Aircraft Cabin Interiors Market is expected to grow from USD 17.6 billion in 2020 to USD 32.7 billion by 2025, at a CAGR of 13.2% during the forecast period. Major players operating in the aircraft cabin interiors market include Zodiac Aerospace (France), United Technologies Corporation (US), Astronics Corporation (US), Cobham plc (UK), Diehl Stiftung & Co. KG (Germany), Global Eagle Entertainment (US), Gogo (US), Honeywell International (US), Panasonic Avionics (US), and RECARO Aircraft Seating GmbH & Co. KG (Germany), among others. These players offer different products used in aircraft cabin interiors such as aircraft seating, in-flight entertainment & connectivity, aircraft galley, and aircraft lavatory. These companies have well-equipped manufacturing facilities and strong distribution networks across North America, Europe, and Asia Pacific regions.
The Aircraft Sensors Market is expected to grow from USD 3.5 billion in 2020 to USD 4.4 billion by 2025, at a CAGR of 4.8% during the forecast period. Key players operating in the aircraft sensors market are Honeywell International, Inc., (US), TE Connectivity Ltd. (Switzerland), Ametek, Inc. (US), General Electric Company (US), Meggitt PLC (UK), Safran Electronics & Defense (France), Woodward Inc. (US), Thales Group (France), and Zodiac Aerospace (France). These companies have well-equipped manufacturing facilities and strong distribution network across North America, Europe, and Asia Pacific.
The Business Jet Market is expected to grow from USD 24.7 billion in 2019 to USD 36.4 billion by 2030, at a CAGR of 3.6% during the forecast period. Major players operating in the business jet market include Bombardier (Canada), Embraer (Brazil), Textron, Inc. (US), Gulfstream (US), Airbus (Netherland), and Boeing (US), among others. These players offer business jets of various aircraft type including super light, light, mid-sized, super mid-sized, large, and airliner. These companies have well-equipped manufacturing facilities and strong distribution networks across North America, Europe, Asia Pacific, Latin America.
The Ultralight and Light Aircraft Market is expected to grow from USD 5.5 billion in 2020 to USD 11.6 billion by 2030, at a CAGR of 7.7% during the forecast period. Major players operating in the ultralight and light aircraft market include Cirrus Aircraft (US) Costruzioni Aeronautiche TECNAM (Italy), Flight Design General Aviation (German), Pilatus (Switzerland), Piper Aircraft (US) and Textron (US) among others. These companies have well-equipped manufacturing facilities and strong distribution networks across North America, Europe, Asia Pacific, Latin America.
The Helicopters Market is expected to grow from USD 21.3 billion in 2020 to USD 36.9 billion by 2025, at a CAGR of 11.7% during the forecast period. North America also has a presence of major helicopter manufacturers Companies such as Bell Helicopter Textron Inc. (US), Boeing (US), and Lockheed Martin Corporation (US), among others.
The aircraft electrical systems market is expected to grow USD 37,265 million by 2030, at a CAGR of 6.8% during the forecast period. Some of the major vendors in the aircraft electrical systems market include Amphenol Corporation (US), Esterline Technologies (US), AMETEK (US), Honeywell (US), and Astronics Corporation (US).
The Aircraft Lighting Market is expected to grow from USD 826 million in 2020 to USD 1,987 million by 2030, at a CAGR of 9.2% during the forecast period. The aircraft lighting market has been gaining traction over the past few years due to the presence of several established companies as well as startups. Some of the major players in the aircraft lighting market Include Astronics (US), Cobham (US), Honeywell (US), Collins Aerospace (US), IFE Products (US), Diehl Stiftung (Germany), STG Aerospace (UK), and Oxley Group (UK), among others.
The MRO Software Market is expected to grow from USD 6.9 billion in 2020 to USD 8.0 billion by 2025, at a CAGR of 2.9% during the forecast period. Some of the major players in the MRO software market in aviation are HCL Technologies Limited (India), SAP SE (Germany), International Business Machines Corporation (IBM) (US), Ramco Systems Limited (India), IFS AB (Sweden), Oracle Corporation (US), Boeing (US), Infor (US), Trax (US), Swiss AviationSoftware (Switzerland), IBS Software (India), Rusada (Switzerland), Communications Software Limited (UK), Flatirons Solutions, Inc. (US), Aviation Intertec Services (Canada), BytzSoft Technologies Pvt. Ltd. (India), Tracware Limited (UK), FLY Online Tools (US), Aerosoft Systems Inc. (US), Lufthansa Technik AG (Germany), GE Aviation (US), and Sopra Steria (France).