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 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 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 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 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 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 aircraft health monitoring 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 players Safran (France), Airbus S.E (Netherlands), Raytheon Technologies Corporation (US), Honeywell International Inc (US), Teledyne Technologies Inc (US).
The Electric Aircraft market is expected to grow from USD 8.8 billion in 2022 to USD 37.2 billion in 2030, at a compound annual growth rate (CAGR) of 19.8% during the forecast period.The Key Players Airbus SE (France), Eve Air Mobility (Brazil), Joby Aviation (US), Vertical Aerospace (UK), and Lilium N.V. (Germany).
The aircraft electric motors market is expected to grow from USD 8.2 Billion in 2022 to USD 12.9 Billion by 2027, at a compound annual growth rate (CAGR) of 9.4% during the forecast period.The Major players Moog Inc. (US), Meggitt PLC (UK), Altra Industrial Motion Corporation (US), Woodward, Inc. (US), Allied Motion Inc.(US), Arkwin Industries Inc. (US) and Rolls-Royce PLC (UK) are some of the market players.
The aircraft landing gears market is expected to grow from USD 7.1 Billion in 2022 to USD 9.4 Billion by 2027, at a compound annual growth rate (CAGR) of 5.7% during the forecast period.The Major players Collins Aerospace (U.S.), Parker-Hannifin Corporation (U.S.), Safran S.A. (France), Eaton Corporation Plc (Ireland), Liebherr-International Deutschland GmbH (Switzerland), Crane Co (U.S.), Triumph Group, Inc. (U.S.), Moog Inc. (U.S.), GKN Aerospace (U.K), and Beaver Aerospace & Defense, Inc. (U.S.).
The Aircraft Braking System Market is expected to grow from USD 6.4 billion in 2022 to USD 7.6 billion by 2027, at a compound annual growth rate (CAGR) of 3.3% during the forecast period.The Key players Safran (France), Collins Aerospace (US), Parker-Hannifin Corporation (US), Crane Co. (US), and Honeywell International Inc. (US).
The aircraft seat upholstery market is expected to grow from USD 1.9 billion in 2022 to USD 2.3 billion by 2027, at a compound annual growth rate (CAGR) of 3.6% during the forecast period.The Major players Franklin Products (US), J&C Aero (Lithuania), Perrone Performance Textiles & Leathers (US), InTech Aerospace (US), and Botany Weaving (Ireland).
The Aircraft Hydraulic Systems Market is expected to grow from USD 9.8 Billion in 2022 to USD 16.6 Billion by 2027, at a compound annual growth rate (CAGR) of 11.3% during the forecast period.The Major players Raytheon Technologies Corporation (U.S.), Parker-Hannifin Corporation (U.S.), Safran S.A. (France), Eaton Corporation Plc (Ireland), Liebherr-International Deutschland GmbH (Switzerland), Woodward, Inc. (U.S.), Triumph Group, Inc. (U.S.), Moog Inc. (U.S.), Arkwin Industries Inc. (U.S.), and Beaver Aerospace & Defense, Inc. (U.S.).
The Aircraft Battery Market is expected to grow from USD 381 million in 2022 to USD 723 million by 2027, at a compound annual growth rate (CAGR) of 13.7% during the forecast period.The Key Players EnerSys (US), Concorde Batteries (US), Saft (France), Teledyne Battery Products (US), and EaglePicher Technologies (US).
The more electric aircraft market Size is expected to grow from USD 4.1 Billion in 2022 to USD 7.3 Billion by 2027, at a compound annual growth rate (CAGR) of 12.6% during the forecast period. The key Players AMETEK (US), Safran (France), Astronics Corporation (US), Amphenol Corporation (US), Honeywell International, Inc (US), Meggitt (UK), Safran S.A. (France), Rolls Royce Plc (UK), Raytheon Technologies Corporation (US), Thales Group (France), and General Electric (US).
The aircraft cabin interiors market is expected to grow from USD 24.8 billion in 2022 to USD 36.4 billion by 2027, at a compound annual growth rate (CAGR) of 8.0% during the forecast period.The Major players Panasonic Avionics Corporation (US), Safran SA (France), Collins Aerospace (US), Gogo Inc. (US), and Honeywell International Inc. (US).
The aircraft flight control systems market is expected to grow from USD 14.5 Billion in 2022 to USD 21.5 Billion by 2027, at a compound annual growth rate (CAGR) of 1.9% during the forecast period.The Major Players Honeywell International Inc. (US), Moog Inc. (US), Raytheon Technologies Corporation (US), Safran SA (France), Thales (France), Parker Hannifin Corporation (US), Curtiss-Wright Corporation (US), and BAE Systems PLC (UK).
The global aircraft seating market is expected to grow from USD 6.3 billion in 2022 to USD 8.7 billion by 2027, at a compound annual growth rate (CAGR) of 6.8% during the forecast period.The Major Players Geven S.p.A (Italy), HAECO (Hong Kong), Lufthansa Technik (Germany), STELIA Aerospace (France) and Thompson Aero Seating (UK).
The DC-DC Converter Market is expected to grow from USD 4.9 Billion in 2022 to USD 6.4 Billion by 2027, at a compound annual growth rate (CAGR) of 5.1% during the forecast period. The Key Players are TDK Lambda Corporation (Japan), Texas Instruments Incorporated (US), Delta Electronics (Taipei), Flex Ltd. (Singapore), and Infineon Technologies AG (Germany).
The Aircraft Actuators Market is expected to grow from USD 8.1 Billion in 2022 to USD 11.4 Billion by 2027, at a compound annual growth rate (CAGR) of 7.0% during the forecast period. The Major players Raytheon Technologies Corporation (US), Curtiss-Wright Corporation (US), Honeywell International Inc. (US), Safran SA (France), Liebherr Group (Germany), Moog Inc. (US), and Eaton Corporation plc (Ireland).
The Aircraft Tires Market is expected to grow from USD 1.4 Billion in 2022 to USD 1.6 Billion by 2027, at a compound annual growth rate (CAGR) of 2.9% during the forecast period.The Major Players Michelin (France), Goodyear Tire and Rubber Co. (US), Bridgestone Corporation (Japan), Dunlop Aircraft Tyres Ltd. (UK), Qingdao Sentury Tires Co. Ltd. (China), Specialty Tires of America (US ), Aviation Tires and Treads, LLC (US), Desser Aerospace (US), and Watts Aviation Aircraft Tires (UK).
The Aircraft Sensors Market is expected to grow from $ 4.7 billion in 2022 to $ 7.0 billion by 2027, at a compound annual growth rate (CAGR) of 8.3% during the forecast period. The Key Players are Honeywell (US), TE Connectivity (US), Meggitt PLC (UK), AMETEK Inc. (US), and Safran (France).
The Aviation Analytics market is expected to grow from USD 2.5 billion in 2022 to USD 4.7 billion by 2027, at a compound annual growth rate (CAGR) of 13.0% during the forecast period.The Key players Oracle Corporation (US), General Electric (US), Lufthansa Technik (Germany), SAP (Germany), and IBM (US).
The avionics market is expected to grow from USD 46.7 Billion in 2022 to USD 66.3 Billion by 2027, at a compound annual growth rate (CAGR) of 7.3% during the forecast period.The Major Players Raytheon Technologies Corporation (US), Curtiss-Wright Corporation (US), Honeywell International Inc. (US), L3Harris Technologies Inc. (US), General Electric Company (US), Safran SA (France ), BAE Systems PLC (UK), Astronautics Corporation of America (US), and Garmin Limited (US).
The global Helicopters Market is projected to grow at a CAGR of 6.1% from 2023 to 2027. The market is driven by the increasing demand for helicopters in Emergency Medical Services (EMS), Law Enforcement, and Oil and Gas industries, along with the growing demand for military helicopters.
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 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 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 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 jets 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 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 Simulators Market size is projected to reach USD 34.9 Billion by 2027, at a CAGR of 6.5% during the forecast period. The key market players in the simulators market are 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 Simulaion + Training Inc. (US), and Raytheon Company (US).
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 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 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 (SAF) 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 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 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 companies 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 including North America, Europe, Asia Pacific, the Middle East, Africa, and Latin America. COVID-19 has impacted their businesses as well. Industry experts believe that COVID-19 has affected aircraft engine production and services globally in 2020.