Report Description Table of Contents The aviation high-speed market was worth USD 4.5 billion in 2023 and will be worth USD 8.3 billion by 2030, growing at a CAGR of 8.0% during the forecast period. The aviation high-speed market is due to an increasing need for fast ways to move in the air, discoveries, and the time taken to cover large distances. The predominant trend in advancing aviation technologies worldwide is the development of high-speed technologies, including supersonic and electric propulsion. For example, the American business Boom Supersonic showcased an Overture airplane model in 2023 to reach a target speed of Mach 1.7 or double the time taken to travel across the Atlantic. The continually improving aircraft type will reduce the New York to London flight duration from 7 to 3.5 hours. Moreover, countries and organizations are investing in low aviation carbon emissions to enhance the aircraft's speed, efficiency, and eco-friendliness, driving the market. Such development is in the process of outlining the new generation of supersonic commercial air transport. The high-speed aviation market is favorable because the private and commercial segments require flight and travel speed enhancements. Generally, there are expectations that 2040 the overall passenger air traffic will be doubled from the present position. Consequently, the distances traveled will require additional time to be covered; hence, the demand for efficient transport systems for speed will rise. For example, In 2023, NASA’s Advanced Supersonic X-59 QueSST, another organization that is into aircraft research, moved to the serious testing phase of developing a Supersonic aircraft that can minimize the sonic boom and hence makes a strong contribution to continued advancement in supersonic transportation. Similarly, advancements in hybrid electrical and sustainable aviation technologies allow firms to establish sustainable high-speed aircraft. Considering airlines' burgeoning restrictions on emissions, these developments hold promise for swifter and cleaner air transport to reshape the long-haul travel business and create opportunities for airlines. Market Segmentation By Type of Aircraft: Supersonic Aircraft Hypersonic Aircraft By Application: Commercial Aviation Military Aviation Space Exploration By Propulsion System: Jet Engines Ramjet/Scramjet Engines Hybrid Propulsion Systems By End-User: Government & Defense Commercial Airlines Private Aviation By Region North America US Mexico Canada Rest of North America Europe Switzerland Russia France Germany U.K Finland Turkey Netherlands Belgium Spain Italy Rest of Europe Asia Pacific India China South Korea Japan Singapore Thailand Indonesia Malaysia Philippines Australia Rest of Asia-Pacific LAMEA Brazil Argentina Uruguay Saudi Arabia Rest of LAMEA North America has a large share in the aviation high-speed market because of the advancement in technology and key aerospace companies that invest in supersonic and hypersonic travel. Over 40% of aerospace production occurs in the United States, and multiple American organizations, such as Boom Supersonic and Lockheed Martin, work on creating fast aircraft. The overture program by Boom Supersonic, known as 2023, is proceeding; they are gearing up for production by 2025 and have commercial flights by the end of the decade. Furthermore, NASA currently has its X-59 QueSST program establishing its low-noise supersonic record. North America has a robust aerospace structure, governmental support in obtaining progressive aviation technologies, and dedication to innovative developments to be the leading region in the high-speed aviation market. Key Players Boom Supersonic Lockheed Martin NASA Airbus SE Aerion Supersonic Northrop Grumman Reaction Engines SpaceX Boeing Hermeus Corporation Frequently Asked Question About This Report . Table of Contents 1. AVIATION HIGH-SPEED MARKET – PRODUCTION VOLUME BY REGION, (2024 – 2030) 1.1. North America 1.2. Europe 1.3. Asia Pacific 1.4. Latin America 1.5. Middle East & Africa 2. AVIATION HIGH-SPEED MARKET – REVENUE ($MILLION), BY REGION, (2024 – 2030) 2.1. North America 2.2. Europe 2.3. Asia Pacific 2.4. Latin America 2.5. Middle East & Africa 3. MARKET SHARE ANALYSIS – AVIATION HIGH-SPEED MARKET 3.1. Top 20 Players with Product Mix, Revenue, and Sales Volume 3.2. Market Share, 2023 3.3. Market By Type of Aircraft of AVIATION HIGH-SPEED and End-Use Outlook Analysis 4. HISTORIC TRENDS IN AVIATION HIGH-SPEED MARKET 5. EMERGING MARKET TRENDS 6. NORTH AMERICA AVIATION HIGH-SPEED MARKET ANALYSIS BY SEGMENT (COUNTRY-LEVEL ANALYSIS) 6.1. North America AVIATION HIGH-SPEED Historical Market ($MILLION), (2017 – 2023) 6.2. North America AVIATION HIGH-SPEED Market ($MILLION) and Forecasts (2024 – 2030) 6.3. North America AVIATION HIGH-SPEED Market Type ($MILLION), and Forecasts (2024 – 2030), By Type of Aircraft 6.3.1. Supersonic Aircraft 6.3.2. Hypersonic Aircraft 6.4. North America AVIATION HIGH-SPEED Market Type ($MILLION), and Forecasts (2024 – 2030), By Propulsion System 6.4.1. Jet Engines 6.4.2. Ramjet/Scramjet Engines 6.4.3. Hybrid Propulsion Systems 6.5. North America AVIATION HIGH-SPEED Market Type ($MILLION), and Forecasts (2024 – 2030), By Application 6.5.1. Commercial Aviation 6.5.2. Military Aviation 6.5.3. Space Exploration 6.6. North America AVIATION HIGH-SPEED Market Type ($MILLION), and Forecasts (2024 – 2030), By End-User 6.6.1. Government & Defense 6.6.2. Commercial Airlines 6.6.3. Private Aviation 6.7. North America AVIATION HIGH-SPEED Market Type ($MILLION), and Forecasts (2024 – 2030), By Geography 6.7.1. USA 6.7.2. Canada 6.7.3. Rest of North America 7. USA AVIATION HIGH-SPEED MARKET ANALYSIS BY SEGMENT (COUNTRY-LEVEL ANALYSIS) 8. EUROPE AVIATION HIGH-SPEED MARKET ANALYSIS BY SEGMENT (COUNTRY-LEVEL ANALYSIS) 8.1. Europe AVIATION HIGH-SPEED Historical Market ($MILLION), (2017 – 2023) 8.2. Europe AVIATION HIGH-SPEED Market ($MILLION) and Forecasts (2024 – 2030) 8.3. Europe AVIATION HIGH-SPEED Market Type ($MILLION), and Forecasts (2024 – 2030), By Type of Aircraft 8.4. Europe AVIATION HIGH-SPEED Market Type ($MILLION), and Forecasts (2024 – 2030), By Propulsion System 8.5. Europe AVIATION HIGH-SPEED Market Type ($MILLION), and Forecasts (2024 – 2030), By Application 8.6. Europe AVIATION HIGH-SPEED Market Type ($MILLION), and Forecasts (2024 – 2030), By End-User 8.7. Europe AVIATION HIGH-SPEED Market Type ($MILLION), and Forecasts (2024 – 2030), By Geography 8.7.1. Germany 8.7.2. France 8.7.3. UK 8.7.4. Italy 8.7.5. Spain 8.7.6. Rest of Europe 9. APAC AVIATION HIGH-SPEED MARKET ANALYSIS BY SEGMENT (COUNTRY-LEVEL ANALYSIS) 9.1. APAC AVIATION HIGH-SPEED Historical Market ($MILLION), (2017 – 2023) 9.2. APAC AVIATION HIGH-SPEED Market ($MILLION) and Forecasts (2024 – 2030) 9.3. APAC AVIATION HIGH-SPEED Market Type ($MILLION), and Forecasts (2024 – 2030), By Type of Aircraft 9.4. APAC AVIATION HIGH-SPEED Market Type ($MILLION), and Forecasts (2024 – 2030), By Propulsion System 9.5. APAC AVIATION HIGH-SPEED Market Type ($MILLION), and Forecasts (2024 – 2030), By Application 9.6. APAC AVIATION HIGH-SPEED Market Type ($MILLION), and Forecasts (2024 – 2030), By End-User 9.7. APAC AVIATION HIGH-SPEED Market Type ($MILLION), and Forecasts (2024 – 2030), By Geography 9.7.1. China 9.7.2. Japan 9.7.3. South Korea 9.7.4. India 9.7.5. Australia 9.7.6. Rest of APAC 10. LATIN AMERICA AVIATION HIGH-SPEED MARKET ANALYSIS BY SEGMENT (COUNTRY-LEVEL ANALYSIS) 10.1. Latin America AVIATION HIGH-SPEED Historical Market ($MILLION), (2017 – 2023) 10.2. Latin America AVIATION HIGH-SPEED Market ($MILLION) and Forecasts (2024 – 2030) 10.3. Latin America AVIATION HIGH-SPEED Market Type ($MILLION), and Forecasts (2024 – 2030), By Type of Aircraft 10.4. Latin America AVIATION HIGH-SPEED Market Type ($MILLION), and Forecasts (2024 – 2030), By Propulsion System 10.5. Latin America AVIATION HIGH-SPEED Market Type ($MILLION), and Forecasts (2024 – 2030), By Application 10.6. Latin America AVIATION HIGH-SPEED Market Type ($MILLION), and Forecasts (2024 – 2030), By End-User 10.7. Latin America AVIATION HIGH-SPEED Market Type ($MILLION), and Forecasts (2024 – 2030), By Geography 10.7.1. Brazil 10.7.2. Argentina 10.7.3. Rest of Latin America 11. COMPANY PROFILES: 11.1. Boom Supersonic 11.1.1. Company Overview 11.1.2. Company Snapshot 11.1.3. Operating business segments 11.1.4. Product offered and Revenue 11.1.5. Production & Sales 11.2. Lockheed Martin 11.3. NASA 11.4. Airbus SE 11.5. Aerion Supersonic 11.6. Northrop Grumman 11.7. Reaction Engines 11.8. OTHER MARKET PLAYERS