Commercial aviation has witnessed many twists and turns in the recent times, yet the recovery has followed swiftly and the sector has been reliably returned to its long-term development rate of almost 5%each year. Inspire of uncertainties, the passenger traffic in 2011 increased to almost 6%. It can be anticipated that this trend will sustain in the years to come for the coming 2 decades, with world passenger traffic increasing by almost 5% each year.
eVTOL Market Size accounted for USD 6,937 Million in 2021 and is estimated to achieve a market size of USD 30,519 Million by 2030 growing at a CAGR of 18.3% from 2022 to 2030.
Directed Energy Weapons Market Size is valued at USD 5,352 million in 2021 and is projected to reach a market size of USD 23,151 million by 2030; growing at a CAGR of 18.2%
Electric Glider Market is expected to reach USD 10,916 Million by 2030 at a CAGR of 24.5%
The Global Space Power Electronics Market estimated to reach US$ 770Mn by 2030, with a significant CAGR of 16.4%
The Global Air Defense System Market is expected to reach US$ 55,405 Mn by 2030 with a considerable CAGR of 5.1% during the forecast period of 2022 to 2030.
Artificial Intelligence in Aviation Market Size accounted for USD 649.2 Million in 2022 and is estimated to achieve a market size of USD 21,877.3 Million by 2032 growing at a CAGR of 42.7% from 2023 to 2032.
The global aircraft recycling market is expected to grow at a CAGR of around 9.0% and expected to reach the market value of around US$ 7.5 Bn by 2028.
Air Traffic Control Market Size accounted for USD 9,967 Million in 2021 and is estimated to achieve a market size of USD 15,110 Million by 2030 growing at a CAGR of 4.9% from 2022 to 2030.
The global aircraft seating market is anticipated to grow at a CAGR of around 5.1% during the forecast period 2021 to 2028 and to reach around US$ 10.4 Bn by 2028.
Aerospace and Defense C-Class Parts Market Size accounted for USD 16.9 Billion in 2021 and is projected to achieve a market size of USD 25.6 Billion by 2030 rising at a CAGR of 4.8% from 2022 to 2030.
The global aircraft door market is anticipated to grow at a CAGR of around 6.0% during the forecast period 2021 to 2028 and to reach around US$ 7.6 Bn by 2028.
5G in Defense Market Size accounted for USD 788 Million in 2021 and is projected to achieve a market size of USD 46,656 Million by 2030 rising at a CAGR of 57.7% from 2022 to 2030.
The global air ambulance services market is expected to grow at a CAGR of around 9.5% and expected to reach the market value of around US$ 9,275.5 Mn by 2027.
Military Robots Market Size accounted for USD 17.1 Billion in 2021 and is estimated to garner a market size of USD 32.7 Billion by 2030 rising at a CAGR of 7.5% from 2022 to 2030.
The global aerospace insulation market size expected to reach around US$ 10,000 Mn by 2027 and is anticipated to grow at a CAGR of around 6% in the forecast period 2020 to 2027
The global aerospace materials market is expected to attain valuation of around US$ 7 Bn by 2027, growing at a CAGR of 6.7% over forecast period 2020 to 2027.
Armored Vehicle Market Size accounted for USD 29.4 Billion in 2022 and is projected to achieve a market size of USD 39.2 Billion by 2032 growing at a CAGR of 3% from 2023 to 2032.
The global unmanned ground vehicles (UGV) market size is projected to reach around US$ 9,300 Mn by 2027, growing at a CAGR of 15% over forecast period 2020 to 2027.
The Aircraft Engines Market is projected to grow from USD 76.8 Billion in 2023 to USD 168.4 Billion by 2032, driven by a 9.2% CAGR. Discover key growth drivers and trends in the industry.
Unmanned Aerial Vehicle (UAV) Market size is expected to surpass around US$ 48,886.4 Mn by 2026, growing at a CAGR of 15.8% from forecast period 2019 to 2026.