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 Direct-to-Device (D2D) market is expected to grow from USD 0.57 billion in 2025 to USD 2.64 billion by 2030, at a compound annual growth rate (CAGR) of 35.6% during the forecast period. The Key Players SpaceX (US), Iridium Communications Inc. (US), Globalstar (US), ORBCOMM (US), Viasat (US), AST & Science, LLC (US), Space42 PLC (UAE), Lynk Global, Inc. (US), Astrocast (Switzerland), and Myriota (Australia).
The aircraft battery market is expected to grow from USD 1.61 billion in 2025 to USD 2.40 billion by 2030, at a compound annual growth rate (CAGR) of 8.3% during the forecast period. The Key Players DJI (China), EaglePicher Technologies (US), Saft (France), EnerSys (US), and Concorde Battery Corporation (US) .
The electric ship market is expected to grow from USD 4.85 billion in 2025 to USD 18.39 billion by 2032, at a compound annual growth rate (CAGR) of 21.0% during the forecast period. The Key Players ABB (Switzerland), Wartsila (Finland), Kongsberg (Norway), GE Vernova (US), VARD AS (Norway), Siemens (Germany), Leclanché (Switzerland), BAE Systems (UK), Saft (France), Norwegian Electric Systems (Norway), Everllence (Germany), Corvus Energy (Norway), Anglo Belgian Corporation (Belgium), SCHOTTEL Group (Germany), Danfoss (Denmark), Fjellstrand AS (Norway), Søby Shipyard (Denmark), MITSUBISHI HEAVY INDUSTRIES, LTD. (Japan), ECO Marine Power (Japan), Damen Shipyard Group (Netherlands), EST-Floattech (Netherlands), and Baltic Workboats AS (Estonia).
The satellite payload market is expected to grow from USD 6.07 billion in 2025 to USD 11.44 billion in 2030, at a compound annual growth rate (CAGR) of 13.5% during the forecast period. The Key Players SpaceX (US), Airbus (Netherlands), Lockheed Martin Corporation (US), Northrop Grumman Corporation (US), L3Harris Technologies Inc (US), Thales Alenia Space (France), Maxar Technologies Corporation (US), Sierra Nevada Corporation (US), Raytheon Technologies Corporation (US), Surrey Satelite Technology Limited (UK), and The Boeing Company (US)
The LEO PNT market is expected to grow from USD 0.07 billion in 2025 to USD 0.57 billion by 2030, at a compound annual growth rate (CAGR) of 53.9% during the forecast period. The Key Players GMV Innovating Solutions S.L (Spain), Safran (France), Thales Alenia Space (France), Xona Space Systems, Inc (US), TrustPoint, Inc. (US), Hexagon AB (Sweden), L3Harris Technologies, Inc (US), Airbus (Netherlands), CACI International Inc. (US), Microchip Technology Inc (US), General Dynamics Corporation (US), Beyond Gravity, Northrop Grumman (US), Honeywell International Inc. (US), Fugro (Netherlands), Rakon Limited (New Zealand), Teledyne Technologies Incorporated (US), and Satelles, Inc. (US).
The India drone (UAV) market is expected to grow from USD 0.47 billion in 2025 to USD 1.39 billion by 2030, at a compound annual growth rate (CAGR) of 24.4%during the forecast period. The Key Players Paras Aerospace Pvt. Ltd., ideaforge Technology Ltd., Throttle Aerospace Systems Pvt. Ltd., Garuda Aerospace Private Limited, Asteria Aerospace Limited, General Aeronautics Pvt. Ltd., Newspace Research Technologies Pvt. Ltd., IoTechWorld Avigation Pvt Ltd, Adani Defense and Aerospace, Tata Advanced Systems Limited, CDSpace, THANOS, Dhaksha Unmanned Systems Private Limited, Marut Dronetech Pvt Ltd, Hubblefly, and Raphe.
The multi-beam echo sounder market is expected to grow from USD 2.69 billion in 2025 to USD 3.54 billion by 2030, at a compound annual growth rate (CAGR) of 5.7% during the forecast period. The Key Players Key players in the multi-beam echo sounder market include Kongsberg (Norway), Teledyne Technologies Incorporated (US), NORBIT ASA (Norway), R2Sonic LLC (US), Tritech International Limited (UK), Exail (France), WASSP Limited (New Zealand), Imagenex Technology Corp (Canada), Furuno Electric Co., Ltd. (Japan), Shanghai Huace Navigation Technology Ltd.(China), Hi-Target Navigation Tech Co., Ltd. (China), Cohort PLC (UK), Beijing Hydro-Tech Marine Technology Co., Ltd. (China), EdgeTech Inc.(US), and Picotech Ltd (UK).
The overall UAV (Drone) Market is expected to grow from USD 26.12 billion in 2025 to USD 40.56 billion by 2030, at a compound annual growth rate (CAGR) of 9.2% during the forecast period. The Key Players Raytheon Technologies Corporation (US), General Atomics (US), Northrop Grumman Corporation (US), Elbit Systems Ltd. (Israel), Israel Aerospace Industries Ltd. (Israel), DJI (China), AeroVironment, Inc. (US), Lockheed Martin Corporation (US), Thales Group (France), Aeronautics Ltd. (Israel), Parrot Drone SAS (France), Ehang (China), Boeing (US), Textron (US) and Lockheed Martin (US).
The VSAT (Very Small Aperture Terminal) market is expected to grow from USD 14.14 billion in 2025 to USD 19.29 billion by 2030, at a compound annual growth rate (CAGR) of 6.4% during the forecast period. The Key Players Orbit Communication Systems Ltd. (Israel), L3Harris Technologies Inc (US), Viasat Inc. (US), Gilat Satellite Networks Ltd. (Israel), ST Engineering iDirect, Inc (US), General Dynamics Corporation (US), Ultra Electronics (UK), Honeywell International Inc. (US), Thales Group (France), KVH Industries, Inc. (US), Singtel (Singapore), Mitsubishi Electric Corporation (Japan), EchoStar Corporation (US), Comtech Telecommunications Corporation (US), and SatixFy Communications Ltd. (Israel).
The military connectors market is expected to grow from USD 2.05 billion in 2025 to USD 2.28 billion by 2030, at a compound annual growth rate (CAGR) of 2.1% during the forecast period. The Key Players ITT Inc. (US), Smiths Group Plc (US), Weald Electronics Ltd (England), Fischer Connectors SA (Switzerland), Allied Connectors (India), Ray Service, a.s. (Czech Republic), Rojone Pty Ltd (Australia), Omnetics Connector Corp (US), Conesys (US), Milnec Interconnect Systems (US), Eaton (Ireland), Turck, Inc. (Germany), Glenair, Inc (US), and Winchester Interconnect (US).
The artificial intelligence (AI) in drones market is expected to grow from USD 821.3 million in 2025 to USD 2751.9 million by 2030, at a compound annual growth rate (CAGR) of 27.4% during the forecast period. The Key Players DJI (China), DroneDeploy (US), Teledyne FLIR LLC (US), Skydio Inc. (US), ShieldAI (US), ideaForge Technology Ltd. (India), DAC.digital (Poland), Aerovironment, Inc (US), Pix4D SA (Switzerland), Draganfly (Canada), Dedrone (US), Percepto Ltd. (US), Qualcomm Technologies, Inc. (US), Honeywell International Inc. (US), and 3DSurvey (Slovenia).
The Global Artificial Intelligence (AI) in Aviation Market is expected to be valued at USD 152.4 Million in 2018 and is likely to reach USD 2,222.5 Million by 2025, at a CAGR of 46.65% between 2018 and 2025. Some of the key players operating in the AI in aviation market are Intel (US), NVIDIA (US), IBM (US), Micron (US), Samsung (South Korea), Xilinx (US), Amazon (US), Microsoft (US), Airbus (France), Boeing (US), General Electric (US), Thales (France), Lockheed Martin (US), and Garmin (US).
The LEO and GEO Satellite Internet Market is expected to grow from USD 14.56 billion in 2025 to USD 33.44 billion by 2030, at a compound annual growth rate (CAGR) of 18.1% during the forecast period. The Key Players SpaceX (US), Viasat (US), EchoStar Corporation (US), Eutelsat Communications SA (US), and SES S.A. (Luxembourg)
The Europe High-Torque Synchronous Motor Market is expected to grow from USD 790.9 million in 2025 to USD 1,165.5 million by 2030, at a compound annual growth rate (CAGR) of 8.1% during the forecast period. The Key Players ABB (Switzerland), Nidec Corporation (Japan), WEG (Brazil), Danfoss (Denmark), Vem Group (Germany), Sew-Eurodrive (Germany), Ingeteam (Spain), Zollern (Germany), Elin Motoren (Austria), Phase Motion Control (Italy), Bonfiglioli (Italy), Emrax (Slovenia), Magnetic Innovations (Netherlands), Welkon Limited (UK), and Siemens (Germany).
The UAV (drone) propulsion market is expected to grow from USD 7.0 billion in 2025 to USD 11.3 billion by 2030, at a compound annual growth rate (CAGR) of 10.0% during the forecast period. The Key Players DJI (China), RTX (US), Honeywell International Inc. (US), Rolls-Royce plc (UK), General Electric Company (US), T-motor (China), BRP-Rotax GmbH & Co KG (Austria), Maxon (Germany), General Atomics(US), Epsilor-Electric Fuel Ltd.(Israel), RRC Power Solutions (Germany), EaglePicher Technologies (US), Hobbywing Technology CO., LTD, Yuneec-ATL Drone, and Shenzhen Grepow Battery Co., Ltd. (China).
The Drone (UAV) Battery Market is expected to grow from USD 1.59 billion in 2025 to USD 2.41 billion by 2030, at a compound annual growth rate (CAGR) of 8.7% during the forecast period. The Key Players EaglePicher Technologies (US), RRC Power Solutions GmbH (Germany), Shenzhen Grepow Battery Co., Ltd. (China), Epsilor-Electric Fuel Ltd. (Israel), Tadiran Batteries (US), Plug Power Inc. (US), SES AI Corporation (US), Sion Power Corporation (US), Intelligent Energy Limited (UK), H3 Dynamics (Singapore), Honeywell International Inc. (US), Inventus Power (US), MMC (China), and Doosan Mobility Innovation (South Korea).
The Simulators Market is expected to grow from USD 13.63 billion in 2025 to USD 19.35 billion by 2030, at a compound annual growth rate (CAGR) of 7.3% during the forecast period. The Key Players CAE Inc. (Canada), General Dynamics Corporation (US), Kongsberg Gruppen (Norway), Thales Group (France), and SAAB AB (Sweden).
The global sports shotgun market is expected to grow from USD 260.5 million in 2025 to USD 342.6 million by 2030, at a compound annual growth rate (CAGR) of 5.6% during the forecast period. The Key Players Fabbrica d’Armi Pietro Beretta S.p.A. (Italy), Blaser GmbH (Germany), Armi Perazzi S.p.A. (Italy), H. Krieghoff GmbH (Germany), and Caesar Guerini S.r.l. (Italy).
The electromechanical actuators in aircraft market is expected to grow from USD 577.1 million in 2025 to USD 804.3 million by 2030, at a compound annual growth rate (CAGR) of 6.9% during the forecast period.The Key Players Honeywell International Inc. (US), Curtiss-Wright Corporation (US), Liebherr (Switzerland), and Ametek Inc. (US).
The armored vehicles market is expected to grow from USD 51.6 billion in 2025 to USD 60.7 billion by 2030, at a compound annual growth rate (CAGR) of 3.3% during the forecast period. The Key Players Rheinmetall AG (Germany), General Dynamics Corporation (US), Oshkosh Corporation (US), BAE Systems (UK), and Hanwha Defense (South Korea).
The LEO satellite market is expected to grow from USD 11.81 billion in 2025 to USD 20.69 billion by 2030, at a compound annual growth rate (CAGR) of 11.9% during the forecast period. The Ket Players Thales Alenia Space (France), OneWeb (UK), Surrey Satellite Technology Ltd. (SSTL) (UK), Planet Labs PBC (US), Sierra Nevada Corporation (US), Maxar Technologies (US), GomSpace (Denmark), Mitsubishi Electric Corporation (Japan), Exolaunch GmbH (Germany), China Aerospace Science and Technology Corporation (CASC) (China), BAE Systems (UK), RTX Corporation (US), OHB SE (Germany), The Aerospace Corporation (US), Millennium Space Systems (US), and Kuiper Systems LLC (US).
The Asia-Pacific (APAC) missile market is expected to grow from USD 3.69 billion in 2025 to USD 6.26 billion by 2030, at a compound annual growth rate (CAGR) of 11.1% during the forecast period. The key Players RTX Corporation (US), Mitsubishi Heavy Industries Ltd. (Japan), LIG Nex1 (South Korea), MBDA (France), Bharat Dynamics Limited (India), Lockheed Martin (US), Northrop Grumman (US), Elbit Systems Ltd. (Israel), KONGSBERG (Norway), and Rafael Advanced Defense Systems (Israel).
The biodefense market is expected to grow from USD 0.89 billion in 2025 to USD 1.81 billion by 2030, at a compound annual growth rate (CAGR) of 15.1% during the forecast period.The Key Players STERIS (US), ASP International GmbH (a subsidiary of Fortive) (US), Ushio Inc. (Japan), Sotera Health Company (US), and Bioquell, An Ecolab Solution (UK).
The satellite NTN market is expected to grow from USD 0.56 billion in 2025 to USD 2.79 billion by 2030, at a compound annual growth rate (CAGR) of 38.0% during the forecast period. The key Players Airbus (Netherlands), Thales Alenia Space (France), Kongsberg (Norway), Analog Devices, Inc. (US), and NEC Corporation (Japan).
The avionics market is expected to grow from USD 56.22 billion in 2025 to USD 82.33 billion by 2030, at a compound annual growth rate (CAGR) of 16.8% during the forecast period. The key Players RTX (US), Honeywell International Inc. (US), L3Harris Technologies Inc. (US), General Electric (US), Thales (France), Curtiss-Wright Corporation (US), Elbit Systems Ltd (Israel), Northrop Grumman Corporation (US), BAE Systems (UK),Garmin Ltd (US),Transdigm Group (US), Leonardo SpA (Italy), Astronautics Corporation Of America (US),Meggit PLC (UK), and Safran SA (France).
The global military drone market is expected to grow from USD 15.80 billion in 2025 to USD 22.81 billion in 2030, at a compound annual growth rate (CAGR) of 7.6% during the forecast period. The Key Players Northrop Grumman Corporation (US), Raytheon Technologies Corporation (US), Israel Aerospace Industries Ltd. (Israel), General Atomics Aeronautical Systems (GA-ASI) (US), and Teledyne FLIR LLC (US).
The precision-guided munitions market is expected to grow from USD 37.24 billion in 2025 to USD 49.71 billion by 2030, at a compound annual growth rate (CAGR) of 5.9% during the forecast period. The Key Players Northrop Grumman (US), RTX (US), General Dynamics Corporation (US), BAE Systems (UK), Lockheed Martin Corporation (US), MBDA (France), Israel Aerospace Industries (Israel), QinetiQ (UK), Boeing (US), and Aselsan AS (Turkey).
The unmanned surface vehicles market is expected to grow from USD 0.82 billion in 2025 to USD 1.59 billion by 2030, at a compound annual growth rate (CAGR) of 14.1% during the forecast period. The Key Players L3Harris Technologies, Inc. (US), Teledyne Technologies Incorporated (US), Textron Inc. (US), Exail Technologies (France), Elbit Systems Ltd (Israel), MARTAC (US), Thales (France), LIG Nex1 (South Korea), ATLAS ELEKTRONIK GmbH (Germany), Saildrone, Inc. (US), Seafloor Systems, Inc (US), BAE Systems (UK), KONGSBERG (Norway), Israel Aerospace Industries Ltd. (Israel), Bharat Electronics Limited (BEL) (India), and SEA-KIT International (UK).
The Military Vehicle Electrification Market is expected to grow from USD 3.47 billion in 2025 to USD 6.82 billion by 2030, at a compound annual growth rate (CAGR) of 14.5% during the forecast period. The Key Players Oshkosh Corporation (US), GM Defense LLC (US), General Dynamics Corporation (US), BAE Systems (UK), Leonardo S.p.A. (Italy), Textron Inc. (US), ST Engineering (Singapore), Qinetiq (UK), Polaris Inc. (US), ASELSAN AS (Turkey), Otokar (Turkey), and Krauss-Maffei Wegmann (Germany).
The global aircraft fuel systems market is expected to grow from USD 10.17 billion in 2025 to USD 11.63 billion by 2030, at a compound annual growth rate (CAGR) of 2.7% during the forecast period. The Key Players Parker Hannifin Corporation (US), RTX (US), Eaton Corporation (Ireland), Safran (France), and Woodward Inc.
The dynamic positioning system market is expected to grow from USD 6.36 billion in 2025 to USD 8.65 billion by 2030, at a compound annual growth rate (CAGR) of 6.3% during the forecast period. The Key Players Kongsberg Maritime (Norway), Wärtsilä (Finland), GE Vernova (US), ABB (Switzerland), Sirehna (France), NAVIS (Russia), Rolls-Royce plc (UK), RH Marine Netherlands B.V. (Netherlands), Praxis Automation Technology B.V. (Netherlands), Japan Radio Co. (Japan), Royal IHC (Netherlands), Brunvoll AS (Norway), Twin Disc, Inc. (US), AB Volvo Penta (Sweden), and L3Harris Technologies, Inc. (US).
The sustainable aviation fuel market is expected to grow from USD 2.06 billion in 2025 to USD 25.62 billion by 2030, at a compound annual growth rate (CAGR) of 65.5% during the forecast period. The Key Players Neste (Finland), Shell (UK), TotalEnergies (France), OMV Aktiengesellschaft (Austria), and World Energy, LLC (UK).
The Small Drones (UAV) Market is expected to grow from USD 6.37 billion in 2025 to USD 11.19 billion by 2030, at a compound annual growth rate (CAGR) of 11.9% during the forecast period. The Key Players DJI (US), Boeing (US), Lockheed Martin Corporation (US), Parrot Drone SAS (France), RTX (US), Northrop Grumman (US), Israel Aerospace Industries (Israel), BAE Systems (UK), AeroVironment, Inc. (US), and Elbit Systems Ltd.(Israel).
The aircraft sensors market is expected to grow from USD 7.36 billion in 2025 to USD 9.33 billion by 2030, at a compound annual growth rate (CAGR) of 4.9% during the forecast period. The Key Players Honeywell International, Inc. (US), Safran (France), TE Connectivity Ltd. (Switzerland), Meggitt Plc. (UK), and AMETEK, Inc. (US).
The space cybersecurity market is expected to grow from USD 4.52 billion in 2024 to USD 6.96 billion by 2029, at a compound annual growth rate (CAGR) of 9.0% during the forecast period. The Key Players Thales (France), Leonardo S.p.A. (Italy), Lockheed Martin Corporation (US), General Dynamics Corporation (US), Booz Allen Hamilton (US), SpiderOak Inc. (US), Leidos Holdings, Inc. (US), BAE Systems plc (UK), and Airbus (Netherlands).
The Defense Platforms and Systems Outlook is expected to grow from USD 2,240.0 billion in 2023 to USD 2,460.0 billion in 2024, at a compound annual growth rate (CAGR) of 7.4% during the forecast period. The Key Players Northrop Grumman Corporation (US), BAE Systems (UK), Lockheed Martin Corporation (US), Rheinmetall AG (Germany), Oshkosh Corporation (US), Hanwha Defense (South Korea).
The Cabin Management System market is expected to grow from USD 1.39 billion in 2024 to USD 1.88 billion by 2029, at a compound annual growth rate (CAGR) of 6.2% during the forecast period. The Key Players RTX(US), Honeywell International Inc(US)., Lufthansa Technik(Germany), Airbus(France) and Diehl Stiftung & Co. KG (Germany).
The Aircraft Lighting Market is expected to grow from USD 1.98 billion in 2024 to USD 2.68 billion by 2029, at a compound annual growth rate (CAGR) of 6.2%. during the forecast period. The Key Players RTX (US), Astronics Corporation (US), Diehl Stiftung & Co. KG (Germany), Honeywell International Inc.(US), Heads Up Technologies (US), Bruce Aerospace (US), Whelen Aerospace Technologies (US) and Thales (France).
The 3D-printed drones market is expected to grow from USD 707 million in 2024 to USD 1,891 million by 2029, at a compound annual growth rate (CAGR) of 21.8% during the forecast period.The key players Boeing (US), Parrot Drone SAS (France), General Atomics (US), and AeroVironment, Inc. (US).
The drone communication market is expected to grow from USD 2.46 billion in 2024 to USD 3.67 billion by 2029, at a compound annual growth rate (CAGR) of 8.3% during the forecast period. The Key Players DJI (US), RTX (US), Northrop Grumman (US), Israel Aerospace Industries (Israel), and L3Harris Technologies, Inc. (US).
The Airport Systems market is expected to grow from USD 32.28 billion in 2024 to USD 50.27 billion by 2030, at a compound annual growth rate (CAGR) of 7.7%. during the forecast period. The Key Players SITA (Switzerland), Amadeus IT Group SA (Spain), RTX (US), Thales (France), Vanderlande Industries B.V. (Netherlands), Honeywell International, Inc. (US), Leidos (US), Indra (Spain), TAV Technologies (Turkey), Oshkosh AeroTech (US), Siemens AG (Germany), ADB SAFEGATE (Belgium), NEC Corporation (Japan), RESA (France), TK Elevator (Germany), Daifuku Co., Ltd. (Japan), Damarel Systems International Ltd (UK), BEUMER Group (Germany) and Deustche Telekom AG (Germany).
The satellite communication (SATCOM) equipment market is expected to grow from USD 24.27 billion in 2024 to USD 41.51 billion by 2029, at a CAGR of 11.3% during the forecast period. The SATCOM equipment market is dominated by a few globally established players such Echostar Corporation (US), L3Harris Technologies, Inc. (US), Thales (France), RTX (US), General Dynamics Corporation (US), Cobham Satcom (Denmark), Honeywell International Inc. (US), Viasat, Inc. (US), Gilat Satellite Networks (Israel), Aselsan A.S (Turkey), Iridium Communication Inc. (US), Intellian Technologies Inc. ( South Korea), ST Engineering (Singapore), SpaceX (US), Elbit Systems Ltd. (Israel), Campbell Scientific, Inc. (US), ND SatCom GmbH ( Germany), among others.
The ultralight and light aircraft market is projected to reach USD 17.29 billion by 2029 at a CAGR of 11.2% during the forecast period. Major players operating in the ultralight and light aircraft market are Bell Helicopters (US), Pilatus Aircraft(Switzerland), Air Tractor (US), Flight Design General Aviation (Germany), ,Textron Inc. (US) , Aeropro (Slovakia), Autogyro (Germany).These key players offer ultralight and light aircrafts across regions, and have well-equipped and strong distribution networks across the North American, European, Asia Pacific, Latin American, Middle East and African regions.
The Space Propulsion market is expected to grow from USD 10.21 billion in 2024 to USD 20.02 billion by 2030, at a compound annual growth rate (CAGR) of 11.9% during the forecast period. The key players Northrop Grumman (US), Safran SA (France), SpaceX (US), L3Harris Technologies, Inc. (US), IHI Corporation (Japan), Thales Alenia Space (France), Airbus (France), Lockheed Martin Corporation (US), OHB SE (Germany), Boeing (US), Moog Inc. (US), IHI Corporation (Japan), and Dawn Aerospace (Netherlands).
The Drone (UAV) Detection, Tracking, and Identification Market is expected to grow from USD 659.4 million in 2024 to USD 2,329.9 million by 2029, at a compound annual growth rate (CAGR) of 28.7% during the forecast period.The kay players Lockheed Martin Corporation (US), RTX (US), Northrop Grumman (US), Teledyne FLIR LLC, and Elbit Systems Ltd. (Israel) .
The Global Defense Outlook 2025 provides an in depth examination of significant trends & recent advancements in the defense sector.
The global military platforms market is expected to grow from USD 51.88 billion in 2024 to USD 77.08 billion by 2030, at a compound annual growth rate (CAGR) of 6.8% during the forecast period.The key players Lockheed Martin Corporation (US), Rheinmetall AG (Germany), Boeing (US), Huntington Ingalls Industries (US), RTX (US), BAE Systems (UK), Northrop Grumman (US), Israel Aerospace Industries (Israel), Thales (France), Saab AB (Sweden), Elbit Systems Ltd. (Israel), Northrop Grumman (US), Aselsan A.S (Turkey), Bharat Electronics Limited (BEL) (India) Leonardo S.p.A.(Italy), ST Engineering (Singapore), Textron (US), Mitsubishi Heavy Industries, Ltd. (Japan), Dassault Aviation (France), Airbus (Netherlands), HD Hyundai Heavy Industries Co., Ltd. (South Korea), Naval Group (France), and Hanwha Ocean Co., Ltd. (South Korea).
The global surface radars market is expected to grow from USD 17.26 billion in 2024 to USD 22.49 billion by 2029, at a compound annual growth rate (CAGR) of 5.4%. during the forecast period.The key players Lockheed Martin Corporation (US), RTX (US), BAE Systems (UK), Northrop Grumman (US), Israel Aerospace Industries (Israel), Thales (France), Saab AB (Sweden), Elbit Systems Ltd. (Israel), Northrop Grumman (US), Aselsan A.S (Turkey), Bharat Electronics Limited (BEL) (India) Leonardo S.p.A.(Italy), L3Harris Technologies, Inc. (US), Indra (Spain), Teledyne FLIR LLC (US), and Hensoldt (Germany).
The unmanned systems market size is projected to grow from USD 27.13 billion in 2024 to USD 43.54 billion by 2030, registering a CAGR of 8.2%. In terms of volume, it is projected to reach 2,876,197 units by 2030, from 1,998,009 units in 2024. Key players in the unmanned systems market are Northrop Grumman (US), Lockheed Martin Corporation (US), Teledyne Technologies Inc. (US),
The eVTOL Aircraft market is expected to grow from USD 6.53 billion in 2031 to USD 17.34 billion by 2035, at a compound annual growth rate (CAGR) of 27.6 % during the forecast period. The key players Archer Aviation (US), Eve Holdings (Brazil), ehang (China), Joby Aviation (US), Textron Inc (US), Airbus (Netherlands), Vertical Aerospace (UK), Wisk Aero LLC (US), Beta Technologies(US), Volocopter Gmbh (Germany), XTI Aerospace ( US), Lilium Gmbh (Germany), Lift Aircraft Inc.(US), Autoflight (China), Volant Aerotech (China).