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 refurbishing market was valued at approximately USD 5.63 billion in 2025 and is projected to reach around USD 8.74 billion by 2034, reflecting a compound annual growth rate (CAGR) of 5.0%.Reasons for this sudden spurt in growth are several; airlines and business jet owners have undertaken retrofit of their aircrafts in a shorter cycle than in the early days of civil aviation. The future for this market will primarily be the various types of work which cover the entire process of a chain of complete cabin refurbishing or conversions, these works are typically outsourced by the aircraft owners or manufacturers to centers known as center of completions. Passing flammability and certification tests can act as a restraint for the global aircraft refurbishing market. Major companies profiled in the report include BE Aerospace (US), Zodiac Aerospace (France), TIMCO Aviation Services (US), SIA Engineering Company (Singapore), Lufthansa Technik (Germany), Gulfstream (US), and Sabreliner Corporation (US).
The global aircraft windows and windshields market is estimated to be approximately USD 771 million in 2025 and is projected to reach around USD 1.09 billion by 2036, reflecting a compound annual growth rate (CAGR) of approximately 3.2%.The increasing aircraft deliveries across the globe, as well as the retrofit activities in the general aviation market, are expected to fuel the growth of the commercial aviation windows and windshields market. Stringent regulations in aerospace industries can act as a restraint for the commercial aviation windows and windshields market. Major companies profiled in the report include GKN Aerospace (UK), PPG Aerospace (US), Nordam Group Inc. (US), Gentex Corporation (US), Triumph Group Inc. (US) and Saint-Gobain Sully (France).
The commercial aircraft video surveillance market has shifted from simple deterrence to an integrated layer of safety, security, and operational efficiency across the modern fleet. Based on a scope that includes cameras, video management/recording, displays, storage, networking, integration, and certification services, the market is estimated at USD 0.92 billion in 2024 and is projected to reach USD 1.42 billion by 2035, The research report provides in-depth insights with regards to the commercial aircraft video surveillance systems market.
The data recorder market—covering cockpit voice recorders (CVR), flight data recorders (FDR), combined CVFDRs, and operational quick access recorders (QAR/WQAR)—is central to flight safety, compliance, and data-driven operations. Based on MarketsandMarkets' analysis (recorder hardware, crash-protected memory, beacons, integration, and lifecycle services), the market is estimated at USD 2.2 billion in 2024 and projected to reach USD 3.2 billion by 2035, reflecting a CAGR of 3.5%.
The galley equipment market continues to expand steadily, driven by sustained aircraft deliveries, airline cabin retrofits, and the push toward lighter, energy-efficient interiors. In 2025, the market is estimated at around USD 2.9 billion and is projected to reach approximately USD 4.6 billion by 2034, registering a compound annual growth rate (CAGR) of about 5.2 %.Some of the factors that are expected to drive the galley equipment market include increasing aircraft and marine shipments, need for modular galleys, and increasing demand for lightweight galleys.On the basis of type, the galley equipment market has been segmented into single-aisle, twin-aisle, and business general aviation. The single-aisle segment is projected to grow at the fastest CAGR during the forecast period of 2015 to 2020, primarily driven by growing demand for single-aisle aircraft across the globe.
The tactical UAV (drone) market is projected to reach USD 7.86 billion by 2030, from USD 5.27 billion in 2025, with a CAGR of 8.3%. The Key Players General Atomics (US), Lockheed Martin Corporation (US), Northrop Grumman (US), Elbit Systems Ltd. (Israel), and IAI (Israel)
The global aerospace & military APU market is estimated at ~USD 4.72 billion in 2025 and is projected to reach ~USD 7.02 billion by 2035, reflecting a blended CAGR of ~4.0%.from 2023 to 2028. Major players in the Military Auxiliary Power Unit (APU) Market Honeywell International Inc. (US), Safran SA (France), Elbit Systems Ltd. (Israel), The Marvin Group (US), Pratt & Whitney (US), Milspec Manufacturing (Australia), The Dewey Electronics Corporation (US), Astronics Corporation (US), AAR (US) are some of the major players of military auxiliary power unit (APU) .
The aircraft switches market is projected to grow from USD 2.2 billion in 2019 to USD 2.6 billion by 2025, at a CAGR of 3.2% during the forecast period. The growing demand for in-flight entertainment & connectivity (IFEC) is a major factor driving the growth of the aircraft switches market. This demand has led to new and improved IFEC upgrades across many airline fleets. Major vendors in the aircraft switches market include Safran (France), Curtiss-Wright (US), Esterline Technologies (US), Honeywell (US), Meggitt (UK), and United Technologies Corporation (Collins Aerospace) (US). Honeywell, which specializes in aircraft switches, has developed a limit, toggle, push-button switches for commercial and military aircraft.
The Aircraft Mounts Market is expected to grow from USD 606 million in 2019 to USD 915 million by 2025, at a CAGR of 7.1% during the forecast period. Some of the major players in the aircraft mounts market in North America include The LORD Corporation (US), Cadence Aerospace (US), MAYDAY Manufacturing (US), Shock Tech (US), AirLoc Ltd. (US) among others. Similarly, Trelleborg AB (Sweden), Hutchinson Aerospace GmbH (France), and Butser Rubber (UK) are some of the leading companies operating in this market.
This growth can be attributed to the increased cost savings, reduction in human error due to increased autonomy, and advancements in artificial intelligence. Along with the key established players, various start-ups have entered the space of autonomous aircraft to develop their concepts of air taxi, personal air vehicles, and cargo drones. These concepts are being actively developed with the future technology of fully autonomous air travel. These start-ups are, Kitty Hawk, Volocopter GmbH, WING, LIFT, and Joby Aviation, among others.
The global aircraft oxygen systems (AOS) market is projected to grow from USD 3.29 Billion in 2015 to USD 4.47 Billion by 2020, at a CAGR of 6.33% during the forecast period, 2015 to 2020. Various factors, such as growing demand for new aircraft deliveries, increasing passenger traffic across the globe, need for lightweight aircraft equipment, and growth opportunities in the aftermarket for aircraft equipment are expected to drive the growth of the global aircraft oxygen systems market.
The flight navigation systems market continues to expand as airlines, OEMs, and defence operators modernize cockpits for performance-based navigation (PBN), integrate GNSS-inertial fusion for higher integrity, and retrofit legacy fleets for NextGen/SESAR procedures. Using 2025 as base, the flight navigation systems market is estimated at ~USD 22.7 billion and is projected to reach ~USD 45.0 billion by 2036, reflecting a ~6.4% CAGR (2025–2036). This trajectory sits squarely within the public range that clusters around ~6–7% to 2030, while extending to 2036.
Global market valuation is estimated at USD 8.1 billion in 2024. It is projected to reach approximately USD 11.9 billion by 2034, registering a steady compound annual growth rate (CAGR) of 3.5 % during the forecast period. The report scrutinizes the state of the aviation test equipment market, contingent upon evolving trends in the aerospace industry in commercial as well as defense sector. The intensification in the avionics manufacturing and development activities has triggered the need of calibrated test equipment.
The 5G Market in Aviation is expected to grow from USD 0.5 billion in 2021 to USD 3.9 billion by 2026, at a CAGR of 52.7% during the forecast period. The 5G market in aviation 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 5G market in aviation in North America include Cisco Systems (US), Panasonic Avionics Corporation (US), Gogo LLC (US), Global Eagle Entertainment (US), ONEWEB (US), Smartsky Networks (US), Inseego Corp (US) and Intelsat (US). Whereas, Ericsson (Sweden), Nokia (Finland), Aeromobile Communications (UK) are some of the leading companies in Europe. Huawei Technologies Co. Ltd. (China), is the key market player in the Asia Pacific region, which has robust product offerings.
The Aircraft Fuel Tanks Market is expected to grow from USD 869 million in 2019 to USD 954 million by 2025, at a CAGR of 1.6% during the forecast period. Some of the major vendors in the aircraft fuel tanks market include Meggit PLC (UK), Elbit Systems – Cyclone Ltd. (Israel), Cobham plc (UK), Safran S.A. (France), and Robertson Fuel Systems LLC (US).
The autonomous aircraft market is projected to grow from an estimated USD 3.6 billion in 2018 to 23.7 billion by 2030, at a CAGR of 17.06% from 2018 to 2030. This growth can be attributed to the increased cost savings, reduction in human error due to increased autonomy, and advancements in artificial intelligence. Along with the key established players, various start-ups have entered the space of autonomous aircraft to develop their concepts of air taxi, personal air vehicles, and cargo drones. These concepts are being actively developed with the future technology of fully autonomous air travel. These start-ups are, Kitty Hawk, Volocopter GmbH, WING, LIFT, and Joby Aviation, among others.
The electronic cartographic (marine) market is transforming digitally as the world’s fleets transition toward next-generation charting standards and integrated bridge systems. The global market size is estimated at USD 12.6 billion in 2024 and projected to reach USD 17.3 billion by 2035, growing at a CAGR of 2.9% It provides an analysis of the factors that drive the market, restrain growth, and the challenges faced by the industry.
The passenger security market is estimated to be USD 4.8 billion in 2019 and is projected to reach USD 6.8 billion by 2024, at a CAGR of 7.2% from 2019 to 2024. Increasing demand for cybersecurity solutions, upgraded technology, and an increase in passenger traffic is expected to drive the market. Key players in the passenger security market include Smiths Detection Group Ltd. (UK), SITA (Belgium), Siemens (Germany), Honeywell International Inc. (US), Rapiscan Systems (US), Axis Communications AB (Sweden), Bosch Sicherheitssysteme GmbH (Germany), Autoclear, LLC. (US), L3 Security & Detection Systems (US), and FLIR Systems, Inc. (US), among others.
The aircraft electrical systems market is expected to grow from USD 94.06 billion in 2025 to USD 110.40 billion by 2030, at a CAGR of 3.3% during the forecast period. Safran (France), Honeywell International Inc. (US), Thales (France), RTX (US), and General Aviation (US) are the major key players in the aircraft electrical systems market. These companies have strong distribution networks across regions like North America, Europe, Asia Pacific, the Middle East, Latin America, and Africa.
The aircraft seals market is expected to grow from USD 3.68 billion in 2025 to USD 4.51 billion by 2030, at a compound annual growth rate (CAGR) of 4.1% during the forecast period. The Key Players SKF (Sweden), Parker Hannifin Corporation (US), Saint-Gobain (France), Trelleborg Sealing Solutions (Sweden), and Eaton (Ireland).
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 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 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 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 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 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 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 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 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 business jet market is expected to grow from USD 95.80 billion in 2024 to USD 156.99 billion by 2032, at a compound annual growth rate (CAGR) of 6.4% during the forecast period.The key players Airbus (Netherlands), Textron, Inc. (US), Bombardier (Canada), Embraer (Brazil), General Dynamics (US), and The Boeing Company (US).
The more electric aircraft market is expected to grow from USD 5.56 billion in 2024 to USD 8.01 billion by 2029, at a CAGR of 7.6% during the forecast period. The key market players in the more electric aircraft market are S.A ( France), Honeywell International Inc. (US), RTX (US), General Electric (US), Parker Hannifin Corporation (US), Bae Systems plc (UK),Bomardier Inc. (Canada), Embraer S.A (Brazil), Liebherr (Switzerland), Ametek Inc. (US), Astronics Corporation (US), Moog inc. (US), Rolls-Royce Plc (UK), Amphenol Corporation (US), Eaton (Ireland).
The Aircraft Cabin Interiors Market Size is expected to grow from USD 26.1 billion in 2024 to USD 31.6 billion by 2029, at a compound annual growth rate (CAGR) of 3.9 % during the forecast period.The key players Safran (France), Panasonic Avionics Corporation (US), Collins Aerospace (US), Gogo Business Aviation, LLC (US) and Honeywell International Inc. (US).
The In-flight Entertainment and Connectivity market is expected to grow from USD 8.6 billion in 2024 to USD 11.7 billion by 2029, at a compound annual growth rate (CAGR) of 6.3% during the forecast period.The key players Panasonic Avionics Corporation (US), Thales (France), Anuvu (US), Collins Aerospace (US), and Astronics Corporation (US).
The inflight retail and advertising market is expected to grow from USD 3.5 billion in 2024 to USD 5.1 billion by 2029, at a compound annual growth rate (CAGR) of 7.8% during the forecast period.The key players Panasonic Avionics Corporation (US), Thales (France), Viasat, Inc. (US), Anuvu (US) and IMM International (France).
The In-flight Internet market is expected to grow from USD 1.6 billion in 2024 to USD 2.1 billion by 2029, at a compound annual growth rate (CAGR) of 5.7% during the forecast period. The key players Viasat, Inc. (US), Gogo Business Aviation LLC (US), Panasonic Avionics Corporation (US), Thales (France), and Collins Aerospace (US) .
The Aircraft Seating market is expected to grow from USD 8.9 billion in 2024 to USD 11.2 billion by 2029, at a compound annual growth rate (CAGR) of 4.8% during the forecast period.The key players Raytheon Technologies Corporation (US), Safran (France), RECARO Aircraft Seating GmbH & Co. KG (Germany), ZIM Aircraft Seating GmbH (Germany), Stelia Aerospace (France), Jamco Corporation (Japan), ST Engineering (Singapore), Acro Aircraft Seating (UK), Expliseat (UK), Adient Aerospace LLC (US), Mirus Aircraft Seating (England), Martin Baker Aircraft Co. Ltd (UK), Geven S.P.A. (Italy), Ipeco Holdings Ltd (UK), UNUM (UK).
The aircraft landing gears market size is expected to grow from USD 7.1 billion in 2023 to USD 9.1 billion by 2028, at a compound annual growth rate (CAGR) of 5.0% during the forecast period.The key players Collins Aerospace (US), Safran (France), Héroux-Devtek (Canada), Liebherr (Switzerland), Triumph Group (US).
The aircraft engine test cells market size is expected to grow from USD 3.3 billion in 2023 to USD 4.1 billion by 2028, at a compound annual growth rate (CAGR) of 4.2% during the forecast period.The key players Safran (France), MDS Aero Support Corporation (US), Calspan Corporation (US), Atec, Inc. (US), and CEL (Canada).
The Aircraft Gears Market is expected to grow from USD 325 million in 2023 to USD 403 million by 2028, at a compound annual growth rate (CAGR) of 4.4 % during the forecast period.The key players Arrow Gears (US), Precipart (Switzerland), Batom Co., Ltd. (Taiwan), Gear Motions (US), and Gibbs Gears (UK).
The Commercial Electric Aircraft Market is expected to grow from USD 692 million in 2031 to USD 1,467 million by 2035, at a compound annual growth rate (CAGR) of 20.7% during the forecast period.The key players Heart Aerospace (Sweden), Eviation (Israel), Lilium (Germany), Wright Electric Inc. (US), Archer Aviation Inc. (US).
The Hydrogen Hubs market is expected to grow from USD 1.9 billion in 2023 to USD 6.3 billion by 2030, at a compound annual growth rate (CAGR) of 18.7% during the forecast period.The key players ARAMCO(Saudi Arabia), Shell plc. (UK), Linde plc. (UK),Airbus (Netherlands) and Sinopec(China).
The Aerospace Riveting market is expected to grow from USD 109 million in 2023 to USD 134 million by 2028, at a compound annual growth rate (CAGR) of 4.3 % during the forecast period.The key players Ingersoll Rand (US), Cherry Aerospace (US), Brown Aviation Tool Company (US), Stanley Engineered Fastening (SEF) (US), LAS Aerospace Ltd. (UK).
The global aircraft Gearbox market is expected to grow from USD 3.0 Billion in 2023 to USD 4.2 Billion by 2028, at a Compound Annual Growth Rate (CAGR) of 6.9% during the forecast period. The key players are Safran (France), Rexnord Aerospace (US), Triumph Group (US), The Timken Company (US), and Liebherr (Switzerland).
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 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 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).