Press Releases by Category Aerospace & Defense
Urban Air Mobility Market Set for Explosive Growth to USD 54.03 Billion by 2032, …
The Global Urban Air Mobility Market reached USD 4.84 billion in 2024 and is expected to reach USD 54.03 billion by 2032, growing with a robust CAGR of 35.20% during the forecast period 2025-2032.
Market growth is driven by rapid urbanization, surging demand for efficient short-distance transportation, and advancements in electric vertical takeoff and landing (eVTOL) aircraft. Supportive government regulations, substantial investments from aerospace giants like Joby Aviation and Lilium, expanding…
In-Flight Connectivity Market Growth Driven by Streaming, Messaging, and Real-Ti …
➢ In-Flight Connectivity Market - Industry Overview
The In-Flight Connectivity (IFC) Market is rapidly transforming the aviation landscape by enabling real-time internet access, seamless communication, and digital services during flights. Connectivity systems-powered by satellite links, airborne antennas, and onboard network hardware are increasingly adopted by airlines to enhance passenger experience, improve operational efficiency, and unlock new revenue streams.
In-flight connectivity has shifted from a value-added luxury to a critical service that airlines…
Drone Communication Market to Reach US$ 15.8 Billion by 2032, with 21.4% CAGR
The global drone communication market size was generated $2.3 billion in 2022, and is anticipated to generate $15.8 billion by 2032, witnessing a CAGR of 21.4% from 2023 to 2032.
The rising demand for advanced drone technology in surveillance, reconnaissance, and various industries, coupled with advancements in satellite and cellular communication technologies, is boosting the growth of the drone communication market. However, the challenges associated with long-distance communication, scalability issues, and…
Surveillance Radar Market Forecast to Reach USD 22.9 Billion by 2031, Driven by …
Report Overview
According to Mordor Intelligence, the Surveillance Radar market is valued at USD 14.04 billion in 2026 and is expected to grow consistently through 2031, supported by defense modernization programs, border monitoring needs, and wider adoption of advanced radar architectures.
Growth Drivers Shaping the Surveillance Radar Market
Shift Toward Software-Defined and Electronically Scanned Radar Systems: The Surveillance Radar Market is undergoing a significant transformation as defense agencies increasingly prioritize adaptable,…
Near Space Robotics Market Drivers Main Factors Influencing Industry in 2032
Space robots are self-controlled device consisting of mechanical, electrical, and electronic components, which can function in place of a living agent. Space robots are capable of surviving harsh environment of space and can perform functions such as construction, maintenance, exploration, servicing of spatial satellites, etc. Remotely operated vehicles (ROV) and remote manipulator system (RMS) are the two major types of space robots. The space robotics industry is achieving high growth…
Aerospace Robotics Market to Reach USD 7.01 Billion by 2030, Says Stratview Rese …
The aerospace robotics market - encompassing robotic systems used across aircraft manufacturing, inspection, maintenance, and assembly - is projected to reach USD 7.01 billion by 2030. The market was valued at USD 3.5 billion in 2024 and is forecast to grow at a 12.19% CAGR from 2025 to 2030, driven structurally by aerospace manufacturers' increasing automation to manage aircraft order backlogs and enhance precision and throughput in production. Robotics deployment…
Electric Aircraft Tugs Market Booming with Rapid Growth Through 2033 | TLD Group …
Coherent Market Insights has added a new research study on the Global "Electric Aircraft Tugs Market" 2026 by Size, Growth, Trends, and Dynamics, Forecast to 2033 which is a result of an extensive examination of the market patterns. This report covers a comprehensive investigation of the information that influences the market regarding fabricates, business providers, market players, and clients. The report provides data about the aspects which drive the expansion…
Inertial Navigation Systems Market to Reach USD 15.63 Billion by 2032, Says Stra …
The Inertial Navigation Systems Market comprises navigation solutions that use accelerometers and gyroscopes to determine position, orientation, and velocity without relying on external references like GPS. The market was valued at USD 10.3 billion in 2024 and is projected to reach USD 15.63 billion by 2032, growing at a CAGR of 5.3% during the 2025-2032 period. The single most important growth driver is increasing procurement of commercial aircraft, as rise…
Space Mining Market to Reach USD 7.41 Billion by 2032, Says Stratview Research
The Space Mining Market, which focuses on extracting water, metals, and other valuable materials from celestial bodies such as asteroids and the Moon for use in space missions and future space infrastructure, is projected to reach USD 7.41 billion by 2032, expanding at a CAGR of 17.6% during the forecast period from 2025 to 2032. This growth is being propelled chiefly by advancements in space technology and robotics, reducing barriers…
Military Embedded System Market to Reach USD 2.67 Billion by 2028, Says Stratvie …
The global military embedded system market-comprising hardware and software systems that perform dedicated computing tasks in defense platforms such as ground, aerial, and marine systems-is projected to reach USD 2.67 billion by 2028, growing at a CAGR of 8.4% during 2022-2028. This growth is primarily driven by technological advancements in military-embedded systems, as defense forces increasingly require real-time processing, communication, and rugged computing capabilities for modern warfare applications.
Stratview Research,…
Aircraft Turbocharger Market to Reach USD 593.8 Million by 2032, Says Stratview …
The global aircraft turbocharger market-which encompasses the design, manufacture, and supply of turbochargers that increase engine power and efficiency by compressing intake air-is projected to reach USD 593.8 million by 2032, growing at a CAGR of 6.3% over the 2025-2032 period. This growth is primarily driven by the continued modernization of aircraft fleets and rising defense expenditures, as next-generation aircraft demand more efficient and high-performance propulsion systems.
Stratview Research, a…
3D-Printed Drones Market to Reach USD 3248.5 Million by 2032, Says Stratview Res …
The 3D-Printed Drones Market refers to unmanned aerial vehicles (UAVs) manufactured using additive technologies that allow custom, lightweight, and complex components. The market is expected to reach USD 3248.5 million by 2032 from around USD 850.5 million in 2025, growing at a CAGR of 21.10% over the 2025-2032 period. The single most important growth driver is the rising demand for drones across industries, because multiple sectors such as agriculture, defense,…
Remote Weapon Station Market to Reach USD 18.34 Billion by 2028, Says Stratview …
The remote weapon station market refers to advanced defence systems that allow weaponry such as machine guns, automatic cannons, or anti-tank missiles to be operated remotely from a protected position on vehicles, naval vessels, or aircraft. According to Stratview Research, the market is expected to grow from an estimated USD 10.11 billion in 2022 to USD 18.34 billion by 2028 at a compound annual growth rate (CAGR) of 10.36% over…
Space Semiconductor Market Set to Grow at CAGR of 8.8% Crossing USD 4,813.8 mill …
The global space semiconductor market size generated $2,122.9 million in 2022 and is anticipated to generate $4,813.8 million by 2032, witnessing a CAGR of 8.8% from 2023 to 2032.
Space semiconductors include the increasing demand for satellite communication and Earth observation, advancements in satellite technology, the rise of satellite constellations, expanding space exploration initiatives, and the need for reliable and radiation-hardened components in space missions. Furthermore, the growing need for global…
Ship Radar Market Poised for Strong Growth as Maritime Trade and Defence Investm …
The ship radar market size was valued at USD 1.76 billion in 2025, and is anticipated to grow at a CAGR of 5.54% during the forecast period. The global ship radar market encompasses systems that use radio waves to detect and track objects at sea, playing a critical role in navigation, collision avoidance, and maritime surveillance for commercial, fishing, and naval vessels. The market includes both hardware, such as transmitters,…
Outlook on the Underground Communications Tracking Market: Major Segments, Strat …
The underground communications tracking sector is on the cusp of significant expansion as technological advancements and growing infrastructure demands drive its evolution. With increasing integration of smart systems and AI analytics, this market is set to transform how underground environments are monitored and managed. Let's explore the anticipated growth, key industry players, and emerging trends shaping this dynamic field.
Projected Growth Trajectory of the Underground Communications Tracking Market
The market…
Key Trends and Emerging Changes Shaping the Space Economy Market Landscape
The space economy is rapidly evolving into a major sector with vast potential, driven by technological breakthroughs and increasing commercial activity. As innovation advances and private companies expand their reach beyond Earth's atmosphere, the market is set for substantial growth and transformation in the coming years. Let's explore the current market size, key players, significant trends, and segment breakdowns shaping this dynamic industry.
Projected Market Size and Growth Dynamics of the…
Key Players and Competitive Dynamics in the Commercial Space Station Market
The commercial space station sector is on the verge of significant expansion as interest and investments in orbital habitats continue to rise. With advancements in technology and a growing number of players entering the field, the market is poised for rapid growth and innovation over the coming years. Let's explore the market's size, key drivers, notable companies, trends, and segmentation to understand its evolving landscape.
Projected Growth and Market Size of…
Satellite Launch Service Market Size, Share, Growth and Forecast 2025-2032: Feat …
Satellite Launch Service Market Size and Forecast
Satellite Launch Service Market is valued at a significant CAGR during the forecast period (2024-2031).
DataM Intelligence has published a new research report on "Satellite Launch Service Market Size 2025". The report explores comprehensive and insightful Information about various key factors like Regional Growth, Segmentation, CAGR, Business Revenue Status of Top Key Players and Drivers. The purpose of this report is to provide a telescopic…
Air Crane Helicopter Market With Top Booming Companies At a CAGR of 8.6% by 2032
The global air crane helicopter market size generated $4.77 billion in 2022 and is anticipated to generate $10.79 billion by 2032, witnessing a CAGR of 8.6% from 2023 to 2032.
The growth of the global air crane helicopter market is driven by factors such as increasing demand for aerial firefighting capabilities, growth in construction projects, and surge in global energy production. However, strict aviation regulations and high upfront and maintenance costs…
Automatic Radio Direction Finder Market Outlook (2026-2032): Growth Drivers, Inn …
The global business landscape is being reshaped by rapid innovation, rising investment and shifting regional dynamics - and at the heart of this transformation lies the Automatic Radio Direction Finder Market. From 2026 to 2033, this study delivers key insights, clear segmentation and actionable intelligence to help decision-makers navigate the evolving Automatic Radio Direction Finder Market and capitalise on upcoming opportunities.
Report Highlights
• Strategic coverage of investment hotspots, regional trend shifts…
Airborne Telemetry Market Competitive Landscape Analysis with Forecast by 2032
Telemetry is the use of automated communication processes to measure and collect data from inaccessible or remote locations, and then transmit it to the equipment where the data can be analyzed. Airborne telemetry systems collect and process the critical data from spacecraft, UAVs, projectiles, and aircraft. These solutions are designed to withstand severe conditions of defense and aerospace applications. Moreover, depending on the application, an airborne telemetry system transmits captured…
Overview of Segmentation, Market Dynamics, and Competitive Landscape in the Sate …
The satellite reconnaissance market is positioned for significant expansion in the coming years, driven by advances in technology and increasing demand across various sectors. With investments ramping up and new capabilities emerging, this industry is set to transform how intelligence and surveillance are conducted globally. Let's explore the market's size, key players, technological trends, and segmentation to understand its growth trajectory.
Satellite Reconnaissance Market Size and Growth Outlook Through 2030 …
Segment Analysis and Major Growth Areas in the Reconnaissance Drone Market
The reconnaissance drone sector is set for remarkable expansion, driven by technological advancements and growing defense needs. As these unmanned systems become increasingly critical for real-time intelligence and surveillance, the market is poised to experience substantial growth in the coming years. Let's explore the market's projected size, leading companies, emerging trends, and key segments shaping its future.
Forecasted Market Growth and Size of the Reconnaissance Drone Market
The reconnaissance drone…
United States Unmanned Aerial Vehicle Market to Reach US$ 23247.357 Million by 2 …
Leander, Texas and Tokyo, Japan - Feb.03.2026
As per DataM intelligence research report "The global unmanned aerial Vehicle Market reached US$31,654.80 million in 2023, with a rise to US$34,675.06million in 2024, and is expected to reach US$77,491.19 million by 2033, growing at a CAGR of 10.69% during the forecast period 2025-2033."
The market is driven by adoption in defense, agriculture, logistics, and surveying. Rotary-wing and fixed-wing UAVs dominate applications. Government, commercial, and…
Satellite IoT Market to Reach USD 6.81 Billion by 2032, Says Stratview Research
The global satellite IoT market, which combines satellite communication networks with Internet of Things (IoT) connectivity to enable data transmission from devices in remote and underserved regions, is poised for substantial expansion. According to Stratview Research, the market is expected to grow from USD 1.60 billion in 2024 to USD 6.81 billion by 2032, registering a CAGR of 19.8 % over the forecast period (2025-2032). The most important growth driver…
Torpedo Market Rapidly Increasing Worldwide With Leading Key Players
The global torpedo market size generated $3.1122 billion in 2022 and is anticipated to generate $6.3141 billion by 2032, witnessing a CAGR of 7.6 % from 2023 to 2032.
Increased geopolitical tensions and security concerns in various regions drive nations to invest in naval capabilities, including torpedoes, to protect maritime interests and deter potential adversaries. Furthermore, the allocation of defense budgets by countries plays a significant role in determining the growth…
India Aviation Market to Reach USD 40.81 Billion by 2033, Growing at 12.21% CAGR …
Source: IMARC Group | Category: Aerospace and Defense | Author Name: Gaurav
Report Introduction
According to IMARC Group's latest report titled "India Aviation Market Size, Share, Trends and Forecast by Aircraft Type and Region, 2025-2033", the market is undergoing a rapid transformation driven by the surging demand for air travel from a burgeoning middle class and significant government investments in airport infrastructure. The study offers a profound analysis of the industry, encompassing…
Nanosatellite and Microsatellite Market to Reach USD 20.10 Billion by 2032, Says …
The global nanosatellite and microsatellite market-encompassing the development, launch, and operation of small satellites used for Earth observation, communications, scientific exploration, and defense-is set to expand rapidly over the coming decade. According to Stratview Research, the market is projected to grow from USD 3.90 billion in 2024 to USD 20.10 billion by 2032, exhibiting a CAGR of 22.7 % during the forecast period (2025-2032). The most important driver of this…
Aircraft Mounts Market Size, Share, Analysis & Trends Report 2033
IMARC Group, a leading market research company, has recently released a report titled " Aircraft Mounts Market Size, Share, Trends and Forecast by Product, Material, Distribution Channel, Pricing, End-User, and Region, 2025-2033."The study provides a detailed analysis of the industry, including the Aircraft Mounts market size, share, trends, and growth forecast. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
Aircraft Mounts Market Overview
The…
In-flight Autopilot Systems Market : A Look at the Industry's Advancements and O …
The In-flight Autopilot Systems Market size was valued at USD 5.59 Billion in 2023 and the total In-flight Autopilot Systems revenue is expected to grow at a CAGR of 6.14% from 2024 to 2030, reaching nearly USD 8.49 Billion.
The In-flight Autopilot Systems Market is evolving rapidly as airlines and aircraft manufacturers prioritize flight safety, fuel efficiency, and reduced pilot workload. Modern autopilot systems integrate advanced sensors, flight control computers, and…
Satellite Communication Equipment Market to Reach US$ 43.4 Billion by 2030, Says …
The global Satellite Communication Equipment Market is forecast to grow to US$ 43.4 billion by 2030, expanding at a CAGR of 9.54% over the 2024-2030 period. This market comprises hardware such as antennas, transceivers, modems, and terminals that enable voice, video, and data transmission via satellites across defence, aviation, maritime, and commercial sectors. Increasing deployment of Low Earth Orbit (LEO) satellite constellations is the primary growth driver, as LEO systems…
Spacebank Spearheads Pangyo Defense AI Innovation: Unites Military, 30+ Companie …
Pangyo, South Korea - December 19, 2024 - Spacebank Inc., a leading digital innovation company specializing in AI-Driven Digital Transformation (AIDX), has been appointed as the lead operating organization of the newly established "Defense AX Council." The Council was officially launched today at the Pangyo Future Defense Convergence Research Center, marking a significant milestone in South Korea's defense sector AI transformation initiative.
The Defense AX Council represents a comprehensive industry-academic-government cooperation…
Aerospace Cyber Security Market to Witness Huge Growth by 2032 | Boeing, Thales …
The global aerospace cyber security market size generated $26.3 billion in 2022 and is anticipated to generate $58.8 billion by 2032, witnessing a CAGR of 8.4% from 2023 to 2032.
The growth of the global aerospace cyber security market is driven by factors such as increase in cyber threats, rise in trend of digitization & connectivity, and integration of advanced technologies in the aerospace sector. However, high installation & operational costs…
US Aircraft Engine MRO Market Size USD 25.26 Billion in 2025, Projected to Reach …
The US Aircraft Engine MRO (Maintenance, Repair, and Overhaul) Market is poised for steady and strategic growth as airlines, military fleets, and business operators increasingly prioritize aircraft reliability, operational efficiency, and safety. Engine MRO services are crucial within the broader aviation maintenance ecosystem, involving comprehensive inspections, repairs, overhauls, and performance enhancements that keep aircraft engines airworthy and compliant with stringent industry standards. According to Market Research Future (MRFR), the global…
Military Robots Market Size USD 43.24 Billion in 2025, Projected to Reach USD 74 …
The global Military Robots Market is entering a period of robust transformation as defense agencies worldwide increase investment in unmanned and robotic systems designed to enhance battlefield effectiveness, reduce human risk, and expand operational capabilities. Military robots - encompassing unmanned ground vehicles (UGVs), unmanned aerial vehicles (UAVs), unmanned underwater vehicles (UUVs), and autonomous combat systems - are increasingly integrated into modern defense strategies across surveillance, reconnaissance, logistics support, explosive ordnance…
Electronic Flight Bag Market Size USD 1.79 Billion in 2025, Projected to Reach U …
The global Electronic Flight Bag (EFB) Market is moving into a period of sustained growth as airlines, business jets, and military operators increasingly adopt digital solutions designed to replace paper-based charts, manuals, and flight documents. EFBs - digital systems that streamline flight planning, navigation, weather updates, and aircraft performance calculations - are becoming essential tools in modern aviation, enabling improved operational efficiency, reduced pilot workload, and enhanced flight safety. According…
Europe Simulators Market Size USD 7.77 Billion in 2025, Projected to Reach USD 1 …
The Europe Simulators Market is poised for steady expansion as industries such as aviation, defense, healthcare, and automotive increasingly adopt simulation technologies for training, risk reduction, and efficiency enhancement. Simulators - ranging from full flight simulators and flight training devices to land and maritime simulation systems - are critical tools that allow users to engage in realistic, controlled scenarios without the risks and costs associated with actual operations. According to…
US Aircraft MRO Market Size USD 51.69 Billion in 2024, Projected to Reach USD 11 …
The US Aircraft Maintenance, Repair, and Overhaul (MRO) Market is experiencing strong and sustained growth as the aviation industry places increasing emphasis on safety, reliability, and fleet longevity. Maintenance, repair, and overhaul services are essential for both commercial and military aircraft, helping operators ensure airworthiness, comply with regulatory standards, and optimize operational efficiency. According to Market Research Future (MRFR), the US aircraft MRO market is projected to grow from USD…
LEO Satellite Market to Reach USD 34.7 Billion by 2032 - Size, Growth Rate, Key …
The LEO satellite market refers to the global industry for satellites operating in low Earth orbit (approximately 500-2,000 km above Earth) that serve communication, earth observation, scientific research, and technology applications. The market is expected to reach USD 34.7 billion by 2032, expanding at a CAGR of 12.5% during the 2025-2032 forecast period. The most important growth driver is the rising global demand for low-latency satellite internet and broadband services,…
Global Aviation Carbon Fiber Market Projected to Surpass USD 11.18 Billion by 20 …
Evolve DataBank Releases 2023-2035 Aviation Carbon Fiber Market Study, Highlighting Fuel Efficiency Gains and Military Fleet Modernization.
The aerospace industry's drive toward lighter, more fuel-efficient structures is accelerating the global aviation carbon fiber market, which is projected to grow from USD 3.28 billion in 2024 to USD 11.18 billion by 2035. According to the latest exhaustive research by Evolve DataBank, the market is expanding at a robust CAGR of 11.4%, fueled…
Drone Sensor Market to Reach USD 4.04 Billion by 2032, Says Stratview Research
The Drone Sensor Market comprises the global industry for sensors designed for unmanned aerial vehicles (UAVs), enabling navigation, detection, monitoring, and data acquisition functions across commercial, industrial, and defense drone applications. The market is anticipated to reach USD 4.04 billion by 2032, growing at a CAGR of 11.4% over the 2025-2032 forecast period. The single most important growth driver is the increasing integration of drones across end-use industries such as…
CBRN Decontamination Service Market Set to Boom: Strategic Insights and Growth O …
Latest Report, titled CBRN Decontamination Service Market Trends, Share, Size, Growth, Opportunity and Forecast 2026-2033, by Coherent Market Insights offers a comprehensive analysis of the industry, which comprises insights on the market analysis. The report also includes competitor and regional analysis, and contemporary advancements in the market.
➤ The report features a comprehensive table of contents, figures, tables, and charts, as well as insightful analysis. The CBRN Decontamination Service Market…
AI in Defense & Aerospace Market Size, Growth Trends, and Forecast 2026-2036
AI in Defense & Aerospace Market Overview
The global AI in defense and aerospace market is entering a phase of rapid expansion as artificial intelligence becomes central to modern military strategy and aerospace operations. The market is projected to grow from USD 4.2 billion in 2026 to USD 42.8 billion by 2036, registering an impressive CAGR of 26.4% over the forecast period. This growth reflects a fundamental shift in how defense…
Military Propellants and Explosives Market 2026-2033: Growth Overview, Facts & F …
Coherent Market Insights has added a new research study on the Global "Military Propellants and Explosives Market" 2026 by Size, Growth, Trends, and Dynamics, Forecast to 2033 which is a result of an extensive examination of the market patterns. This report covers a comprehensive investigation of the information that influences the market regarding fabricates, business providers, market players, and clients. The report provides data about the aspects which drive the…
Automotive Traction Motor Core Market Share Driven by Electrification of Mobilit …
Automotive Traction Motor Core Market Size
The global market for Automotive Traction Motor Core was valued at US$ 3842 million in the year 2024 and is projected to reach a revised size of US$ 9212 million by 2031, growing at a CAGR of 13.5% during the forecast period.
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https://reports.valuates.com/request/sample/QYRE-Auto-8F9390/Global_Automotive_Traction_Motor_Core_Market_Insights_and_Forecast_to_2028
The Automotive Traction Motor Core Market is witnessing sustained market growth as global automotive manufacturers accelerate the transition toward electrified powertrains. Key…
Aerospace Foams Market to Reach USD 8.81 Billion by 2028, says Stratview Researc …
The Aerospace Foams Market comprises low-density, cellular materials such as PU, PE, melamine, and metal foams used for insulation, cushioning, vibration damping, and structural support in aircraft interiors and components. According to Stratview Research, the market is forecast to grow to USD 8.81 billion by 2028, up from USD 5.53 billion in 2022, at a CAGR of 8.02% over 2023-2028. The most important growth driver is the rising demand for…
Aerospace Composites Market to Reach USD 57.11 Billion by 2028, Says Stratview R …
The aerospace composites market encompasses advanced composite materials used in aerospace structures, offering lightweight, high-strength, and corrosion-resistant properties critical to modern aircraft performance. The market is projected to grow from an estimated USD 29.40 billion in 2022 to USD 57.11 billion by 2028, representing a CAGR of 11.7% during 2023-2028. The single most important growth driver is the increasing integration of composite materials into commercial and military aircraft to improve…
With 12.1% CAGR, Low-Cost Carrier Market Growth to Surpass USD 595.1 Billion By …
The global low-cost carrier market size was generated $196.1 billion in 2022, and is anticipated to generate $595.1 billion by 2032, witnessing with a CAGR of 12.1% from 2023 to 2032.
Factors such as liberalization of aviation markets and open skies agreements, low maintenance costs associated with aircraft, and growth of the tourism industry drive the growth of the low-cost carrier market. However, high competition, and fluctuations in fuel prices hinder…
Fixed Satellite Services Market to Reach USD 33.4 Billion by 2030, Says Stratvie …
The Fixed Satellite Services Market refers to the segment of satellite communications that uses geostationary satellites to provide point-to-point connectivity for broadcasting, data transfer, and broadband services. This market is projected to reach USD 33.4 billion by 2030 from an estimated USD 23 billion in 2023, growing at a CAGR of 5.5% during the 2024-2030 forecast period. The single most important growth driver is the increasing need for broadband connectivity…
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