Press Releases by Category Aerospace & Defense
Airport IoT Market USD 38.2 billion by 2032,Due to Air Travel: The Soaring Growt …
Airport IoT Market Outlook
The aviation industry is undergoing a digital transformation like never before. One of the most groundbreaking shifts is the integration of the Internet of Things (IoT) in airports. As airports around the world push toward smarter infrastructure, automation, and real-time data exchange, the Airport IoT market is emerging as a key enabler of this evolution. According to Market Research Future, the Airport IoT Market was valued at…
UAV LiDAR Market USD 10 Billion by 2032 ,Due to Increasing Demand for High-Accur …
UAV LiDAR Market Outlook
In recent years, unmanned aerial vehicles (UAVs), commonly known as drones, have revolutionized data acquisition across multiple industries. A particularly powerful enabler in this space is LiDAR (Light Detection and Ranging) technology. According to the latest report by Market Research Future (MRFR), the global UAV LiDAR Market was valued at USD 2.32 billion in 2022 and is expected to skyrocket to USD 10.0 billion by 2032. This…
Military Wearable Sensors Market Poised to Hit USD 14.29 Billion by 2030
Military Wearable Sensors Market Outlook
In a world where modern warfare increasingly depends on real-time data and situational awareness, wearable technology is emerging as a game-changer for military operations. The global Military Wearable Sensors Market is set for robust growth, expected to reach USD 14.29 Billion by 2030, growing at a CAGR of 6.0% from 2023 to 2030, according to a report by Market Research Future (MRFR). These figures underscore the…
Global Guided Munitions Market USD 35.2 billion by 2032,Due to Precision in Comb …
Guided Munitions Market Outlook
In the modern theatre of warfare, precision is no longer a luxury-it is a necessity. The global guided munitions market stands at the forefront of this transformation, reshaping the way militaries engage in conflict with improved accuracy, reduced collateral damage, and higher mission success rates. According to the latest analysis by Market Research Future (MRFR), the Guided Munitions Market was valued at USD 24.9 billion in 2023…
Enhanced Flight Vision Systems (EFVS) Market Soars with Technological Advancemen …
Enhanced Flight Vision Systems (EFVS) Market Outlook
The global aviation industry is embracing transformative technologies to enhance safety, efficiency, and operational capabilities. One such innovation at the forefront is the Enhanced Flight Vision System (EFVS), a cutting-edge solution that improves situational awareness during poor visibility conditions. According to Market Research Future (MRFR), the Global Enhanced Flight Vision Systems (EFVS) Market was valued at USD 0.2 billion in 2023 and is projected…
Passenger Drones Market USD 4.86 Billion by 2032,Due to Increased Demand from Pu …
Passenger Drones Market Outlook
In an era defined by rapid technological innovation and growing urban congestion, the transportation landscape is undergoing a profound transformation. One of the most exciting developments in this space is the emergence of passenger drones-autonomous aerial vehicles designed to transport people through city skies. According to a recent analysis by Market Research Future (MRFR), the Global Passenger Drones Market, valued at USD 0.52 Billion in 2023, is…
Submarine-Launched Missile Market Set to Reach USD 40.1 Billion by 2032
Submarine-Launched Missile Market Outlook
As global maritime security challenges continue to evolve, the demand for sophisticated underwater warfare technologies is accelerating, with the submarine-launched missile (SLM) market poised for steady growth. According to a recent report by Market Research Future, the global Submarine-Launched Missile Market is projected to rise from USD 32.27 billion in 2023 to USD 40.1 billion by 2032. This reflects a compound annual growth rate (CAGR) of 2.44%…
Submarine-Launched Missile Market Set to Reach USD 40.1 Billion by 2032
Submarine-Launched Missile Market Outlook
As global maritime security challenges continue to evolve, the demand for sophisticated underwater warfare technologies is accelerating, with the submarine-launched missile (SLM) market poised for steady growth. According to a recent report by Market Research Future, the global Submarine-Launched Missile Market is projected to rise from USD 32.27 billion in 2023 to USD 40.1 billion by 2032. This reflects a compound annual growth rate (CAGR) of 2.44%…
Naval Vessel MRO Market USD 12.2 Billion by 2030,Due to due to Rising Demand in …
Naval Vessel MRO Market Outlook
As naval forces worldwide face growing geopolitical tensions, aging fleets, and the need for modernization, the Maintenance, Repair, and Overhaul (MRO) market for naval vessels is emerging as a vital sector in global defense. According to a recent report by Market Research Future (MRFR), the Global Naval Vessel MRO Market, valued at USD 8.1 billion in 2022, is expected to reach USD 12.2 billion by 2030,…
Aircraft Engine Fuel Systems Market USD 9.14 billion by 2032,Due to Amid Advance …
Aircraft Engine Fuel Systems Market Outlook
The global Aircraft Engine Fuel Systems Market is witnessing a significant upward trajectory, with projections indicating that it will reach USD 9.14 billion by 2032, growing at a compound annual growth rate (CAGR) of 7% from 2024 to 2032, according to a recent study by Market Research Future. This growth is fueled by the surging demand for next-generation aircraft, innovations in fuel-efficient technologies, and the…
Anti-Tank Missile Market: Evolving Threats Fueling Steady Growth by 2032
Anti-Tank Missile Market Outlook
In an era marked by evolving battlefield dynamics and increasing geopolitical tensions, modern militaries are heavily investing in precision-guided weaponry to enhance their defense capabilities. Among the standout technologies in this space is the anti-tank missile system-an essential asset for ground forces combating armored threats. According to a recent analysis by Market Research Future, the global Anti-Tank Missile Market is set to grow steadily from USD 0.0141…
Military Radar Systems Market Reach USD 27.3 Billion by 2032,Due to Technology I …
Military Radar Systems Market Outlook
As per the latest Market Research Future (MRFR) analysis, the Global Military Radar Systems Market is expected to surge significantly, reaching a valuation of USD 27.3 Billion by 2032, growing at a CAGR of 7.20% during the forecast period from 2024 to 2032. This growth is driven by evolving security threats, advancements in radar technology, and the increasing need for surveillance, target tracking, and missile guidance…
Aerospace and Defense Telemetry Market USD 1.4 Billion by 2032,Due to Due To Hig …
Aerospace and Defense Telemetry Market Outlook
In the dynamic landscape of modern communication systems, telemetry has emerged as an indispensable technology, especially in the aerospace and defense sectors. According to recent insights from Market Research Future (MRFR), the Aerospace and Defense Telemetry Market is projected to reach USD 1.4 billion by 2032, growing at a steady CAGR of 2% from 2024 to 2032. This growth trajectory underlines the increasing reliance…
Aerospace and Defense Telemetry Market USD 1.4 Billion by 2032,Due to Due To Hig …
Aerospace and Defense Telemetry Market Outlook
In the dynamic landscape of modern communication systems, telemetry has emerged as an indispensable technology, especially in the aerospace and defense sectors. According to recent insights from Market Research Future (MRFR), the Aerospace and Defense Telemetry Market is projected to reach USD 1.4 billion by 2032, growing at a steady CAGR of 2% from 2024 to 2032. This growth trajectory underlines the increasing reliance…
Aircraft Synthetic Vision System Market USD 250.4 Million by 2032 ,Due To The In …
Aircraft Synthetic Vision System Market Outlook
In the rapidly evolving aviation industry, safety and innovation go hand in hand. One of the most groundbreaking advancements contributing to modern flight safety and efficiency is the Aircraft Synthetic Vision System (SVS). According to a comprehensive report by Market Research Future (MRFR), the global Aircraft Synthetic Vision System market is projected to reach USD 250.4 Million by 2032, growing at a CAGR of 4.31%…
Military Aircraft Avionics Market Set to Soar to USD 35.2 Billion by 2032 ,Due t …
Military Aircraft Avionics Market Outlook
In an age marked by rapidly evolving global security challenges and escalating geopolitical tensions, the role of military aviation has taken on greater significance than ever before. At the heart of this transformation lies avionics-the advanced electronic systems embedded in military aircraft that ensure superior navigation, communication, surveillance, and mission execution capabilities. According to a recent analysis by Market Research Future (MRFR), the Military Aircraft Avionics…
Nano and Microsatellite Market Poised to Reach USD 8.69 Billion by 2030, Driven …
Nano and Microsatellite Market Outlook
The global nano and microsatellite market is undergoing a period of rapid expansion, with its size projected to reach USD 8.69 billion by 2030, growing at an impressive CAGR of 14.9% during the forecast period from 2023 to 2030, according to Market Research Future. The surge in demand for small satellites is being driven by technological advancements, growing commercial space activities, defense applications, and the increasing…
Low Interest Rates Expected To Drive Growth In The Defense Equipment Maintenance …
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How Large Will the Defense Equipment Maintenance, Repair and Overhauling Services Market Size By 2025?
In recent times, the market size for maintenance, repair, and overhauling services in the defense equipment sector has seen significant growth. It is projected to expand from $80.87 billion in 2024 to $85.98 billion…
Key Trends Influencing the Growth of the Commercial Aircraft Market in 2025: Mac …
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What Will the Commercial Aircraft Industry Market Size Be by 2025?
In the past few years, the commercial aircraft market has witnessed significant expansion. It is projected to rise from $211.19 billion in 2024 to $222.06 billion in 2025, with a compound annual growth rate (CAGR) of 5.1%. This…
Aviation Blockchain Market Driven by Secure Supply Chain Management, Digital Mai …
The Aviation Blockchain Market is expected to grow at a high CAGR of 22.5% during the forecasting period (2024-2031).
Aviation Blockchain Market is positioned for robust growth, and shifting market dynamics reshaping the competitive landscape. DataM Intelligence's new report provides data-driven insights, SWOT analysis, and marketing-ready intelligence for businesses seeking to improve market penetration and campaign ROI.
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Aviation Blockchain Market…
Solar-Powered UAVs Market Driven by Demand for Extended-Endurance Surveillance, …
Solar-Powered UAVS Market reached US$ 1.01 million in 2022 and is expected to reach US$ 2.9 million by 2030, growing with a CAGR of 14.3% during the forecast period 2024-2031.
Solar-Powered UAVS Market is positioned for robust growth, and shifting market dynamics reshaping the competitive landscape. DataM Intelligence's new report provides data-driven insights, SWOT analysis, and marketing-ready intelligence for businesses seeking to improve market penetration and campaign ROI.
Get your exclusive sample…
UAE Business Jets Market Driven by Rising Corporate Travel, HNW Tourism and Infr …
UAE Business Jets Market reached US$ 44.96 million in 2023 and is expected to reach US$ 76.36 million by 2031, growing with a CAGR of 6.85% during the forecast period 2024-2031.
UAE Business Jets Market is positioned for robust growth, and shifting market dynamics reshaping the competitive landscape. DataM Intelligence's new report provides data-driven insights, SWOT analysis, and marketing-ready intelligence for businesses seeking to improve market penetration and campaign ROI.
Get your…
eVTOL Market Driven by Urban Air Mobility, Sustainable Electric Propulsion & Reg …
eVTOL Market reached US$ 1.29 billion in 2024 and is expected to reach US$ 43.69 billion by 2032, growing with a CAGR of 55.32% during the forecast period 2025-2032.
eVTOL Market is positioned for robust growth, and shifting market dynamics reshaping the competitive landscape. DataM Intelligence's new report provides data-driven insights, SWOT analysis, and marketing-ready intelligence for businesses seeking to improve market penetration and campaign ROI.
Get your exclusive sample report today:…
Jet Engines Market Is Going to Boom | Major Giants GE Aerospace, Pratt & Whitney …
HTF MI just released the Global Jet Engines Market Study, a comprehensive analysis of the market that spans more than 143+ pages and describes the product and industry scope as well as the market prognosis and status for 2025-2032. The marketization process is being accelerated by the market study's segmentation by important regions. The market is currently expanding its reach.
Major Giants in Jet Engines Market are:
GE Aerospace, Pratt & Whitney,…
Defense Expenditure Surge Fuels Growth In The Defense Drone Market: Powering Inn …
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What Is the Expected CAGR for the Defense Drone Market Through 2025?
There has been significant expansion in the size of the defense drone market in recent years. It is projected to enlarge from $11.9 billion in 2024 to $12.83 billion in 2025, achieving a compound annual growth rate…
Comprehensive 2025 Commercial Satellite Imaging Market Overview: Trends, Forecas …
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What Will the Commercial Satellite Imaging Industry Market Size Be by 2025?
The market size for commercial satellite imaging has seen a swift escalation over the past few years. There is expected to be a rise from $4.73 billion in 2024 to $5.25 billion in 2025, demonstrating a compound…
Unmanned Aerial Vehicle Drones Market: An Analysis of Size, Shares, Business Gro …
Unmanned aerial vehicle drones market is estimated to be valued at USD 31.41 Bn in 2025 and is expected to reach USD 63.63 Bn by 2032, growing at a compound annual growth rate (CAGR) of 10.6% from 2025 to 2032.
Latest Report, titled "Unmanned Aerial Vehicle Drones Market" Trends, Share, Size, Growth, Opportunity and Forecast 2024-2031, by Coherent Market Insights offers a comprehensive analysis of the industry, which comprises insights on…
Emerging Autonomous Military Weapons Market Trends: Innovations In The Autonomou …
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What Will the Autonomous Military Weapons Industry Market Size Be by 2025?
In recent times, there has been a swift expansion in the market size of autonomous military weapons. Its expected growth is from $16.08 billion in 2024 to $17.71 billion a year later, achieving a compound annual growth…
Emerging Trends to Reshape the Delivery Drones Market: The Evolution Of Delivery …
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Delivery Drones Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
The market size of delivery drones has been expanding dramatically in the past few years. Its growth is projected to increase from $2.31 billion in 2024 to $2.9 billion in 2025, with a compound annual…
Top Market Shifts Transforming the Turret System Market Landscape: Key Insights
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What Is the Expected CAGR for the Turret System Market Through 2025?
There has been consistent growth in the turret system market size over the recent years. The market value is forecasted to escalate from $20.24 billion in 2024 to $20.89 billion in 2025, with a compound annual growth…
Directed Energy Weapons Market Set to Explode at 22.1% CAGR to Reach USD 24.7 Bi …
The Directed Energy Weapons (DEW) Market reached USD 6.1 billion in 2023 and is projected to surge to USD 24.68 billion by 2030, registering a robust CAGR of 22.1%-driven by rising defense budgets, technological breakthroughs in high-power lasers and microwave systems, and increasing demand for precision, scalable weapons.
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Region-wise Analysis
United States - Growth & Trends
The U.S. launches major directed energy programs such as the Air Force's THOR…
2025-2034 Space Robotics Market Evolution: Disruptions, Innovations, and Untappe …
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What Is the Expected CAGR for the Space Robotics Market Through 2025?
In the past few years, the space robotics market has experienced significant growth. Its projected that the market size will increase from $4.84 billion in 2024 to $5.18 billion in 2025, boasting a compound annual growth rate…
Air Traffic Control Market Size, Share, Trends, Company Profiles, Emerging Techn …
Global air traffic control market is estimated to be valued at US$ 12.79 Bn in 2025 and is expected to reach US$ 22.08 Bn by 2032, exhibiting a compound annual growth rate (CAGR) of 8.1% from 2025 to 2032.
Latest Report, titled "Air Traffic Control Market" Trends, Share, Size, Growth, Opportunity and Forecast 2024-2031, by Coherent Market Insights offers a comprehensive analysis of the industry, which comprises insights on the market…
Soaring Demand Set to Propel Aerospace Fasteners Market to $12.8 Billion by 2029
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What Will the Aerospace Fasteners Industry Market Size Be by 2025?
The market size for aerospace fasteners has experienced accelerated growth in the past few years. Its worth will increase from $8.19 billion in 2024 to $9.1 billion in 2025, exhibiting a compound annual growth rate (CAGR) of 11.1%.…
Fast Attack Craft Market on Track for Strong Growth, Estimated to Grow at 6.3% C …
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What Is the Expected CAGR for the Fast Attack Craft Market Through 2025?
In recent times, there has been substantial growth in the market size of fast attack craft. The market, valued at $5.49 billion in 2024, is projected to increase to $5.85 billion in 2025, marking a compound…
Major Growth Driver Identified in 2025 Business Jets Market: Business Jets Marke …
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Business Jets Market Size Growth Forecast: What to Expect by 2025?
In recent times, the business jets market has experienced robust growth. The market is expected to expand from $24.15 billion in 2024 to $25.85 billion in 2025, with a compound annual growth rate (CAGR) of 7.0%. The rise…
Key Trends Reshaping the Ceramic Matrix Composites Market: Technological Advance …
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How Large Will the Ceramic Matrix Composites Market Size By 2025?
The market for ceramic matrix composites has seen swift expansion in recent times. The market size which was at $7.63 billion in 2024 is projected to increase to $8.4 billion in 2025 with a 10.1% compound annual growth…
Air Transport USM Market Trends That Will Shape the Next Decade: Insights from A …
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Air Transport USM Market Size Growth Forecast: What to Expect by 2025?
The USM market for air transport has experienced robust growth in the past few years. The market is projected to expand from $5.56 billion in 2024 to $5.9 billion in 2025, with a compound annual growth rate…
Aerospace Parts Manufacturing Market Expected to Achieve 5.5% CAGR by 2029: Grow …
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Aerospace Parts Manufacturing Market Size Growth Forecast: What to Expect by 2025?
The market size of aerospace parts manufacturing has seen constant growth over the past years. The market is projected to expand from $981.27 billion in 2024 to $1029.19 billion in 2025, showcasing a compound annual growth rate…
Aircraft Engine Market Size, Trends & Growth Analysis 2025-2034
The aircraft engine market plays a critical role in the aerospace and defense industries, powering thousands of commercial, military, and general aviation aircraft worldwide. As airlines expand their fleets to meet rising passenger traffic and defense forces modernize their aerial capabilities, the demand for advanced, fuel-efficient engines has surged. Technological advancements, such as hybrid-electric propulsion and sustainable aviation fuels, are shaping the future of aircraft engines to meet stringent emission…
Driving Satellite-Based Earth Observation Market Growth in 2025: The Role of Sat …
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Satellite-Based Earth Observation Market Size Growth Forecast: What to Expect by 2025?
The size of the satellite-based earth observation market has experienced significant growth in recent years. The market will expand from $6.55 billion in 2024 to $7.09 billion in 2025, indicating a compound annual growth rate (CAGR) of…
Major Growth Driver Identified in 2025 Ammunition Market: Increased Defense Expe …
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What Is the Expected CAGR for the Ammunition Market Through 2025?
The size of the ammunition market has seen substantial growth in the last few years. The market is predicted to rise from $28.43 billion in 2024 to $30.29 billion in 2025, indicating a compound annual growth rate (CAGR)…
Airport Construction Market Expansion Continues, with Forecast Valuation of $140 …
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What Is the Expected CAGR for the Airport Construction Market Through 2025?
In recent times, there has been a slight increase in the airport construction market size. It is projected to rise from $1204.07 billion in 2024 to $1224.73 billion in 2025, with a compound annual growth rate (CAGR)…
Comprehensive Aircraft Ejection Seat Market Forecast 2025-2034: Growth Trends an …
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What Is the Expected CAGR for the Aircraft Ejection Seat Market Through 2025?
The expansion of the aircraft ejection seat market has been consistent and robust in the past few years. There is a projected increase from $2.45 billion in 2024 to $2.62 billion in 2025, with a compound…
Steady Expansion Forecast for Aerospace Titanium Market, Projected to Reach $4.3 …
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What Is the Expected CAGR for the Aerospace Titanium Market Through 2025?
In recent times, the aerospace titanium market has seen significant growth. The market, which stood at $3 billion in 2024, is forecasted to increase to $3.24 billion in 2025, growing at a compound annual growth rate (CAGR)…
Fast Attack Craft Market on Track for Strong Growth, Estimated to Grow at 6.3% C …
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What Is the Expected CAGR for the Fast Attack Craft Market Through 2025?_x000D_
In recent times, there has been substantial growth in the market size of fast attack craft. The market, valued at $5.49 billion in 2024, is projected to increase to $5.85 billion in 2025, marking a compound…
Global Flight Simulator Market Size To Worth USD 8.2 Billion By 2033 | Top Key P …
According to a research report published by Spherical Insights & Consulting, the Global Flight Simulator Market Size to Grow from USD 6.5 Billion in 2023 to USD 8.2 Billion by 2033, at a Compound Annual Growth Rate (CAGR) of 2.35% during the forecast period.
Comprehensive historical analysis of global market for Flight Simulator Market has thoroughly analyzed in this report. It offers data and insights from 2019-2022, and provides extensive market…
Astronautics Corporation Unveils Aerosync Mission (AEC115) As A Pioneering Line- …
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What Is the Expected CAGR for the Commercial Avionics Systems Market Through 2025?
In the recent past, the commercial avionics systems market has seen robust growth. It is set to increase from $31.62 billion in 2024 to $33.7 billion in 2025, marking a compound annual growth rate (CAGR) of…
Elevated Defense Spending Boosts Growth In Small Arms And Light Weapons Market: …
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What Will the Small Arms and Light Weapons Industry Market Size Be by 2025?
The market size of small arms and light weapons has witnessed remarkable growth in the past years. The market is expected to ascend from $10.51 billion in 2024 and reach $11.25 billion in 2025, with…
Rockets and Missiles Market Set for Robust Growth Amid Rising Defense Modernizat …
Introduction:
The global Rockets and Missiles Market is poised for significant expansion as nations prioritize defense modernization, border security, and advanced military capabilities. Increasing geopolitical tensions, evolving warfare strategies, and growing defense budgets are fueling the demand for precision-guided munitions, tactical missiles, and next-generation rocket systems. Forecasts indicate sustained market growth through 2035, driven by technological innovations and strategic defense investments worldwide.
Market Overview:
Rockets and missiles, critical components of modern defense arsenals,…
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