Aircraft Electrification Market to Expand at 12.4% CAGR, Reaching $16.94 Billion by 2030 from $8.4 Billion in 2024, According to Strategic Market Research
The Global Aviation Airbags Market will witness a robust CAGR of 6.8%, valued at $195.6 million in 2024, expected to appreciate and reac... Read More
The Global Digital Shipyard Market will witness a robust CAGR of 13.1%, valued at $2.8 billion in 2024, expected to appreciate and reach $5.9 billionRead More
The Global Aircraft Actuator Market will witness a robust CAGR of 6.4%, valued at $12.9 billion in 2024, expected to appreciate and reach $18.8 billion by 2030, conf... Read More
The Global Aircraft Engine Market is a critical pillar in the aerospace industry, underpinning both commercial and defense aviation operations worldwide. These propulsion systems—ranging from turbofa... Read More
The Global Target Drone Market was valued at USD 5.83 billion in 2024 and is projected to reach USD 9.34 billion by 2030, growing at a CAGR of 8.2%. The market is driven by rising defense budgets, demand for realistic combat tra... Read More
The Global airport turnstiles market size reached $0.8 billion in 2023 and is expected to reach $1.5 billion at a CAGR of 8.9% over the forecast 2023–2030 period. The increase in global air passenger traffic is partly due to increased spending on airports, especially in developing countries... Read More
The commercial aircraft cabin trash compactor market was worth USD 520 million in 2023 and is estimated to be worth USD 890 million by 2030, with a CAGR of 8.2%. The growth in the number of people flying and stringent policies on waste disposal necessitate the importance of cabin trash compactors... Read More
The size of the global drone parachutes market in 2023 was USD 425 million and is expected to reach USD 820 million by the end of the forecast period (2024–2030) with a CAGR of 9.5%. This growth is due to the increased implementation of stringent regulations for flyers, the adoption of dron... Read More
The advanced combat helmet market worldwide was worth USD 2.8 billion in 2023 and is expected to reach USD 4.5 billion in the forecast period 2024 to 2030, with a CAGR of 6.8%. The growth can be attributed to factors such as improvement in material science, a hike in defense expenditures, and a r... Read More
The military connectors market was valued at USD 5.2 billion in 2023 and is anticipated to reach USD 7.9 billion between 2024 and 2030, with a CAGR of 6.2% during the forecast period. Some factors that have led to this include technological enhancements, geopolitical risks, and the increasing dem... Read More
The marine boiler burner market was USD 1.4 billion in 2023; it is expected to reach USD 2.1 billion by 2030, with a CAGR of 6.1% from 2024 to 2030. Growth is attributed to the growth in the maritime industry, the use of green technology, and the necessity of other regulatory measures such as IMO... Read More
The automated window blinds market by product type in 2023 was USD 4.1 billion, and the expected market size will be USD 7.6 billion at a CAGR of 9.1% from 2024 to 2030. Market growth is fuelled by factors such as the growth of urban societies, smart homes, and the uprising call for energy-saving... Read More
The global aircraft tire retreading market was valued at USD 1.1 billion in 2023 and is expected to reach USD 1.6 billion by 2030, at a CAGR of 5.6% from 2024 to 2030. The growth is influenced by higher air traffic, standard emission controls, and improved retreading technology, which gives tires... Read More
The aircraft ejection seat market size was USD 1.2 billion in 2023 and is expected to achieve USD 1.8 billion in 2030 at a CAGR of 5.8% between 2024 and 2030. It is considered owing to the evolution of air force capacities, improvement of budgets for defense, and the growing concern of threats in... Read More
The intercontinental ballistic missile (ICBM) market was valued at roughly $12.4 billion in 2023 and is expected to reach $17.8 billion at a CAGR of 5.2% for the forecast period. Some conditions contributing to this growth are geopolitical risks, technological evolutions, and the general rise in ... Read More
The fast attack craft market by type globally was $12.6 billion in 2023 and will reach $18.5 billion in 2030 at a CAGR of 5.6% during the forecast period. This market is incremental due to increasing global politics, naval fleet upgrades, and the current requirement for smaller, easier-to-operate... Read More
The global value of the aerospace and defense metal stamping market was $12.2 billion in 2023, and it is expected to reach $18.7 billion by 2030, at a CAGR of 6.2%. The market's growth is based on growing concerns about aircraft weight reduction, new production technologies, and rising defens... Read More
The aircraft emi shielding market worldwide was approximately $850 million in 2023 and $1.25 billion by 2030, at a CAGR of 5.8% during the study period. This has been due to the complexity of aircraft electronic systems, higher safety standards, and evolving shielding technologies.
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The nato defense market was $1.2 trillion in 2023, and total spending on defense is expected to reach $1.8 trillion by 2030 at a CAGR of 5.9% from 2023 to 2030. Rising security risks fuel the expansion, NATO’s adherence to the 2% GDP defense investment benchmark, and the introduction of adv... Read More
The aluminum for aerospace market was estimated to be about $6.7 billion in 2023, and it will reach $10.2 billion with a CAGR of 6.2% in the forecast period 2023-2030. Increased use of lightweight materials in commercial and military aircraft and the technological development of aluminum alloys h... Read More
The aircraft interior thermoplastics market size was around $2.5 billion in 2023 and is expected to reach around $4.2 billion at a CAGR of 7.2% during the forecast period 2023-2030. The growth is attributed to the high growth of lightweight materials for fuel efficiency, the growing demand for ai... Read More
The global aircraft window shade market is estimated to reach $890 million by 2030 at a CAGR of 6.2% for the forecast period 2023-2030, and it was around $580 million in 2023. This growth results from growing passenger comfort expectations, improvement in aircraft interiors, and the need for more... Read More
The aircraft nuts market size was $479.99 million in 2023 and is expected to reach $719.90 million by 2030 at a CAGR of 5.9% from 2024 to 2030. This growth is attributed to rising aircraft production, growing usage of lightweight and high-strength materials, and improvements in fasteners.
The aerospace machine tools market was $8,348 million in 2023 and is expected to reach $12,620 million by 2030, with a CAGR of 5.8% from 2024 to 2030. Growth in this market is attributed to elements such as Development in aircraft production, demand for lightweight materials, and manufacturing te... Read More
In 2023, the Aircraft Seamless Rings market reached USD 1.8 billion and is expected to reach USD 2.9 billion by 30, with a CAGR of 6.9% during the timeline. Growth arises from the constant demand for the use of superior materials in the making of aerospace equipment, the increasing production of ... Read More
The aircraft pressurization system market size was USD 1.6 billion in 2023 and is expected to reach USD 2.9 billion by 2030, at a CAGR of 7.1% from 2023 to 2030. Elevated passenger traffic and preferences toward flying for both domestic and international travel, along with growth in aviation tech... Read More
The Aircraft Enclosures Market was USD 5.4 billion in 2023, expanding at a CAGR of 7.0% to reach USD 8.7 billion till 2030 in the forecast period. Rapid developments in the aircraft industry, advancements in aircraft systems, and increased demand for lightweight products with high mechanical stre... Read More
The Air Cargo ULD Market was USD 1.7 billion in 2023 and is expected to reach USD 2.5 billion by 2030, at a CAGR of 5.5% over the forecast period. This growth arises from the growth in global air cargo traffic, constantly rising internet sales, and improvements in materials that shed weight witho... Read More
The aerospace vibration and noise control system market size was at USD 1.9 billion in 2023 and is estimated to reach USD 3.5 billion by 2030 at a CAGR of 9.1% during the analysis period. Aerospace applications of vibration and noise control systems play a great role in increasing travelers' ... Read More
The global aerospace energy storage market was valued at USD 5.2 billion in 2023 and is estimated to reach USD 9.8 billion by 2030, with a CAGR of 9.2% during the operation period. In aerospace applications, energy storage systems are vital since they support different operations such as onboard ... Read More
The aerospace defense water waste system market was valued at around USD 980 million in 2023 and is expected to be USD 1.65 billion in size by 2030, with over 7.4% CAGR through the predicted period. These systems are critically important in military and defense aircraft to provide water and dispo... Read More
The aircraft tow tractor market was worth USD 849.4 million in 2023 and will be worth USD 583.9 million by 2030, growing at a CAGR of 5.50% during the forecast period.
An Aircraft Tow Tractor often referred to as an aircraft tug is a transport vehicle us... Read More
The aerospace & defense chemical distribution market was worth USD 5.1 billion in 2023 and will be worth USD 7.14 billion by 2030, growing at a CAGR of 4.3% during the forecast period.
Aerospace & Defense Chemical Distribution refers to the supply chain manageme... Read More
The thrust vector control (tvc) systems market was worth USD 13.5 billion in 2023 and will be worth USD 25.92 billion by 2030, growing at a CAGR of 8.5% during the forecast period.
The overall market for Read More
The space power supply market was worth USD 3.1 billion in 2023 and will be worth USD 5.13 billion by 2030, growing at a CAGR of 6.5% during the forecast period.
The main driver in the Space Power Supply market growth is the increased usage of satellites and Read More
The space frame market was worth USD 8.84 billion in 2023 and will be worth USD 45.96 billion by 2030, growing at a CAGR of 6% during the forecast period.
The Space Frame market is rising primarily due to the increased demand for lightweight, structurally efficient stru... Read More
The cockpit display market was worth USD 4.7 billion in 2023 and will be worth USD 7.26 billion by 2030, growing at a CAGR of 5.6% during the forecast period.
The growth in the Cockpit Display market is attributed to the growing need for efficient avionics systems in ci... Read More
The Aerospace Valves market was worth USD 17.4 billion in 2023 and will be worth USD 25.31 billion by 2030, growing at a CAGR of 4.8% during the forecast period.
The Aerospace Valves market is driven by the demand for better fuel efficiency in planes and the expansion o... Read More
The chartered air transport market was worth USD 37.65 billion in 2023 and will be worth USD 67.14 billion by 2030, growing at a CAGR of 7.5% during the forecast period.
The Chartered Air Transport market is driven by the growing need for convenient, personalized, and t... Read More
The helicopter simulator market was worth USD 2.1 billion in 2023 and will be worth USD 3.82 billion by 2030, growing at a CAGR of 7.8% during the forecast period.
The rise in demand for an affordable way of training pilots and the steep evolution of technologies like v... Read More
The space-based network market was worth USD 8.4 billion in 2024 and will be worth USD 40.68 billion by 2030, growing at a CAGR of 21.8% during the forecast period.
The main driver behind the space-based network market is the growing need for broadband access worldwide,... Read More
The airport moving walkway market was worth USD 2.1 billion in 2023 and will be worth USD 3.4 billion by 2030, growing at a CAGR of 6.8% during the forecast period.
The Airport Moving Walkway Market growth is influenced by the rising number of air passengers and the ong... Read More
The commercial airport lighting market was worth USD 700 million in 2023 and will be worth USD 1176 million by 2030, growing at a CAGR of 6.7% during the forecast period.
The growth of the Commercial Airport Lighting Market is due to the growth in global air traffic and... Read More
The inflatable decoy market was worth USD 1.1 billion in 2023 and will be worth USD 1.89 billion by 2030, growing at a CAGR of 7.0% during the forecast period.
Major factors driving the Inflatable Decoy market are the rising demands for effective protection shields and ... Read More
The tactical optics market was worth USD 5.2 billion in 2023 and will be worth USD 9.27 billion by 2030, growing at a CAGR of 7.5% during the forecast period.
The growing need for better surveillance and targeting equipment, including more precise firearms for military ... Read More
The aircraft electric motors market was worth USD 9.3 billion in 2023 and will be worth USD 16.58 billion by 2030, growing at a CAGR of 7.5% during the forecast period.
The Aircraft Electric Motors market is expected to surge due to the increasing demand for electric mo... Read More
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, a... Read More
The aerospace bearing market was worth USD 12.5 billion in 2023 and will be worth USD 16.58 billion by 2030, growing at a CAGR of 3.6% during the forecast period.
The aerospace bearing market is growing due to increased demand for energy-efficient aircraft, rising traff... Read More
The market size of coaxial cables in the military and aerospace sector was nearly USD 1 billion in 2023. and will be worth USD $2.12 billion by 2032, assuming a CAGR of 8.7%. Coaxial cables are widely used in radars, communications, navigation instruments, and onboard electronics in the military ... Read More
The aircraft ground support equipment (gse) market was worth USD 6.7 billion in 2023 and will be worth USD 10.59 billion by 2030, growing at a CAGR of 5.9% during the forecast period.
The Aircraft Ground Support Equipment (GSE) market is strongest due to the steady grow... Read More
The military computers market was worth USD 8.5 billion in 2023 and will be worth USD 13.4 billion by 2030, growing at a CAGR of 6.5% during the forecast period.
The Military Computers market is stimulated by the Read More
The aviation high-speed motor market was worth USD 4.2 billion in 2023 and will be worth USD 7.1 billion by 2030, growing at a CAGR of 7.8% during the forecast period.
The Aviation High-Speed Motor market is fueled by the rising need for efficiency and Read More
The Aircraft Wire and Cable Market was worth USD 5.2 billion in 2023 and will be worth USD 8.6 billion by 2030, growing at a CAGR of 7% during the forecast period.
The Aircraft wire and cable market is primarily influenced by the demand for new planes and retrofitting e... Read More
The integrated microwave assembly (IMA) market in 2023 was worth USD 2 billion and is expected to be worth USD 3.46 billion by 2030, expanding at a CAGR of 7.1% during the forecast period.
The integrated microwave assembly (IMA) market is primarily led by rising demand ... Read More
The aerospace and defense connector market was worth USD 2.75 billion in 2023 and is expected to be worth USD 4.15 billion by 2030, expanding at a CAGR of 5.3% during the forecast period.
The global aerospace and defense connector market is primarily fuelled by the grow... Read More
The aircraft window frame market was worth USD 210 billion in 2023 and is expected to be worth USD 333.44 billion by 2030, expanding at a CAGR of 5.95% during the forecast period.
The aircraft window frame market is driven by an increasing need for the reduced overall w... Read More
The aircraft MRO market in 2023 was USD 82.94 Bn, and by 2030, it is expected to be worth USD 117.09 Bn, growing at a 5.05% CAGR during the forecast period. As passenger and cargo demand increases, airlines will require more frequent and comprehensive maintenance services for their fleets.
The marine propulsion market size in 2022 was USD 25.6 billion and as projected by SMR in 2030 the value will be USD 32.68 Billion and will grow at a CAGR of 3.1% during the forecast period 2022-2030.
The electric space propulsion market size in 2023 was USD 13.47 billion, and it is expected to be worth USD 20.98 billion by the year 2030, growing persistently at a 6.54% CAGR during the forecast period.
Space electric propulsion employs electromagnetic or electrostati... Read More
The global aerospace 3D printing market will witness a robust CAGR of 20.23%, valued at $2.12 ... Read More