Press Releases by Category Aerospace & Defense
Urban Air Mobility Market to Reach USD 54.03 Billion by 2032 at 35.20% CAGR | No …
The Urban Air Mobility Market was valued at USD 4.84 billion in 2024 and is projected to reach USD 54.03 billion by 2032, expanding at a CAGR of 35.20% during the forecast period from 2025 to 2032. This exceptional growth reflects accelerating global demand for advanced transportation alternatives driven by rapid urbanization, increasing traffic congestion, and pressure on existing road infrastructure. Urban air mobility introduces electric vertical take-off and landing…
Aerospace Raw Materials Market to Reach US$ 19.3 Billion by 2028, Says Stratview …
The Aerospace Raw Materials Market encompasses the global demand for fundamental materials-such as titanium & alloys, aluminum & alloys, steel & alloys, composites, and other materials-used in manufacturing and servicing aerospace platforms including commercial aircraft, regional aircraft, military aircraft, helicopters, general aviation and spacecraft. The market is projected to reach US$ 19.3 billion by 2028, growing at a CAGR of 5.3 % during 2023-2028. Increasing production rates of commercial aircraft…
Autonomous Aircraft Market to Reach USD 37.06 Billion by 2031, emerging at a CAG …
The global autonomous aircraft industry generated $6.29 billion in 2021, and is estimated to reach $37.06 billion by 2031, witnessing a CAGR of 19.3% from 2022 to 2031.
The autonomous aircraft can be defined as an unmanned aircraft, which does not require pilot intervention in the management of the flight. The technology is similar to autonomous cars, which has the ability to fly independently. The autonomous aircraft eventually includes commercial flights,…
Aerospace Filters Market to Reach US$ 1119.9 Million by 2034, says Stratview Res …
The Aerospace Filters Market is projected to reach US$ 1119.9 million by 2034, growing at a CAGR of 3.2% during 2025-2034. Aerospace filters are critical components used to remove contaminants from air, fuel, hydraulic fluids, and lubrication systems in aircraft.
The most important growth driver is the steady increase in global aircraft production and fleet size. Rising commercial aircraft deliveries and expanding MRO activities structurally increase filter replacement cycles and OEM…
Aerospace Connectors Market to Reach USD 2.4 Billion by 2034 , says Stratview Re …
The aerospace connectors market is projected to grow from USD 6.8 billion in 2022 to USD 2.4 billion by 2034, at a CAGR of 2.8% during 2025-2034. Aerospace connectors enable reliable transmission of power, signal, and data across critical aircraft systems.
The most important growth driver is rising commercial aircraft production. Higher aircraft build rates structurally increase connector content per aircraft, directly expanding demand across engines, avionics, and airframe systems. "Aircraft…
Aerospace Bearings Market to Reach USD 2.6 Billion by 2032, says Stratview Resea …
The aerospace bearings market comprises precision-engineered bearing components that support rotational and load-bearing functions across aircraft systems, including engines, landing gear, flight controls, and auxiliary systems. The market is forecast to grow to USD 2.6 billion by 2032 at a CAGR of 4.46 % during 2025-2032, underpinned by increasing aircraft deliveries and demand for high-performance, lightweight bearing solutions in advanced aerospace platforms. This sustained expansion reflects structural demand from OEMs…
Aerospace 3D Printing Market to Reach US$ 4.5 Billion by 2027, says Stratview Re …
The Aerospace 3D Printing Market refers to the use of additive manufacturing technologies to design, prototype, and produce aerospace components, including engine, structural, and space parts using layer-by-layer fabrication. This market is projected to reach US$ 4.5 billion by 2027, expanding at a CAGR of 16.9% during 2020-2027. The growth trajectory is underpinned by rising aircraft production rates and the adoption of 3D printing to reduce part complexity, material waste,…
Anti-tank Guided Missiles Market to Reach USD 43.96 Billion by 2035 at 3.35% CAG …
The Anti-tank Guided Missiles Market was valued at USD 30.59 Billion in 2024 and is projected to grow to USD 31.62 Billion in 2025, reaching USD 43.96 Billion by 2035. The market is expected to expand at a compound annual growth rate (CAGR) of 3.35% during the forecast period (2025-2035). Rising geopolitical tensions, increasing defense modernization programs, and advancements in precision-guided munitions are driving steady investment across major military powers.…
Military Cybersecurity Market to Reach USD 59.64 Billion by 2035 at 7.35% CAGR
The Military Cybersecurity Market was valued at USD 27.33 Billion in 2024 and is projected to grow from USD 29.34 Billion in 2025 to USD 59.64 Billion by 2035, registering a compound annual growth rate (CAGR) of 7.35% during the forecast period (2025-2035). The study, based on 2024 as the base year with historical data from 2019-2024, provides detailed revenue forecasts, competitive landscape analysis, and insights into growth drivers and…
Drone Identification Market to Reach USD 78.23 Billion by 2035 at 20.91% CAGR
Drone Identification Market was valued at USD 9.687 billion in 2024 and is projected to grow from USD 11.71 billion in 2025 to an impressive USD 78.23 billion by 2035, registering a robust CAGR of 20.91% during the forecast period (2025-2035). This exponential growth reflects increasing global drone deployments across commercial, defense, and public safety sectors. The base year for analysis is 2024, with historical data spanning 2019-2024 and forecast…
Used Aircraft Market to Reach USD 78.61 Billion by 2035 at 6.97% CAGR
The Used Aircraft Market was valued at USD 37.46 billion in 2024 and is projected to grow to USD 40.07 billion in 2025, reaching USD 78.61 billion by 2035. This growth trajectory reflects a compound annual growth rate (CAGR) of 6.97% during the forecast period from 2025 to 2035. The market's expansion is supported by rising global air traffic, cost optimization strategies adopted by airlines, and increasing demand for business…
Defense Cybersecurity Market to Reach USD 66.89 Billion by 2032 at 7.6% CAGR, Le …
The Defense Cybersecurity Market reached US$ 37.23 billion in 2024 and is expected to grow to approximately US$ 66.89 billion by 2032, expanding with a CAGR of about 7.6 % from 2025 to 2032 as governments and military organizations worldwide escalate investments to protect critical defense infrastructure and sensitive data from evolving cyber threats.
Growth is supported by increasing demand across key areas such as secure communications, threat detection & response,…
Battlefield Management Systems Market size to Reach USD 15.38 Billion by 2031, D …
Introduction
According to Mordor Intelligence, the battlefield management systems market size was valued at USD 12.45 billion in 2026 to reach USD 15.38 billion by 2031. This growth reflects sustained investments in digital command platforms that support joint and multi-domain operations.
The battlefield management systems industry plays a central role in modern defense planning by integrating navigation, communication, command, and data visualization into a unified operational picture. Defense agencies increasingly…
Commercial Satellite Imaging Market Booming Across the Globe and Witness Huge Gr …
The global commercial satellite imaging market generated $3.3 billion in 2022, and is estimated to reach $9.6 billion by 2032, witnessing a CAGR of 11.5% from 2023 to 2032. The report offers a detailed analysis of changing market trends, top segments, key investment pockets, value chain, regional landscape, and competitive scenario.
Advantages such as precise mapping for mission planning, search, and rescue operations and rise in utilization of satellite imagery in…
Aircraft Sensors Market - Key Players, Capability Assessment & M&A Indicators
The aircraft sensors market is a critical pillar of the global aerospace supply chain, enabling flight safety, operational efficiency, predictive maintenance, and next-generation aircraft performance. Aircraft sensors are embedded across avionics systems, propulsion units, landing gear assemblies, environmental control systems, and structural health monitoring platforms. These components measure parameters such as pressure, temperature, vibration, position, flow, torque, proximity, and airspeed-forming the backbone of modern flight data systems.
With increasing aircraft electrification,…
Unmanned Aerial Vehicle Market Outlook 2026-2033: Growth Drivers, Trends, and St …
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The Unmanned Aerial Vehicle Market is rapidly evolving from a growth opportunity into a strategic necessity. Driven by technology advancement, expanding applications, and increasing investor attention, the market is creating high-value entry points for stakeholders across the ecosystem. This study equips decision-makers with forward-looking intelligence on emerging trends, high-growth segments, and competitive strategies shaping the Unmanned Aerial…
Aircraft Wheel Scanning System Market Study, Trends, Segmentation, Detailed Anal …
The quality management of landing gear components relies majorly on the aircraft wheel scanning system in an aircraft wheel scanning system. As aircraft wheels and brakes are subjected to tremendous wear and friction during landing and take-off, they require routine maintenance, repair, and overhaul. These technologies are widely used by aircraft manufacturers to detect early problems and ensure safe aircraft take-off and landing. According to FAA regulations in the U.S.,…
Satellite Sensor Market Size, Share 2026 Analysis of Rising Business Opportuniti …
Latest Report, titled Satellite Sensor 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 Satellite Sensor Market has been…
Space Traffic Management Market Advancements Highlighted by Growth Analysis and …
The global space traffic management market was accounted for $11.9 billion in 2020, and is projected to garner $22.4 billion by 2030, registering a CAGR of 7.1% from 2021 to 2030.
Introduction of satellite life extension vehicles, increase in number of space debris and overlapping space orbits, and space-based connectivity initiative have boosted the growth of the global space traffic management market. In addition, the reduced launch cost due to advent…
Military Personal Protective Equipment Market to Reach USD 26.5 Billion by 2032, …
The Military Personal Protective Equipment (PPE) Market encompasses the design, development, production, and supply of protective gear used by armed forces to safeguard personnel in combat and hazardous environments, including body armor, helmets, eye protection, CBRN protective suits, and respiratory protection systems. According to Stratview Research, the market is projected to reach USD 26.5 billion by 2032, growing at a CAGR of 7.3% during the forecast period of 2025-2032. The…
Reusable and Modular Launch Systems Market Set to Reach US$ 20.20 Billion by 203 …
Market Overview:
The Global Reusable and Modular Launch Systems Market reached US$ 9.41 billion in 2024 and is projected to reach US$ 20.20 billion by 2032, growing at a CAGR of 10.02% during the forecast period 2025-2032. The market growth is driven by the increasing focus on sustainable and environmentally responsible space operations. Rising concerns about space debris, carbon emissions, and resource consumption are encouraging governments and private space companies to…
Seabed Security Market: Global Outlook, Growth Drivers, and Future Trends (2025- …
The Seabed Security Market is emerging as a critical segment in maritime defense and underwater surveillance, driven by growing concerns over piracy, territorial disputes, and the protection of critical marine infrastructure. In 2024, the market was valued at USD 7,006 million, and it is projected to reach USD 7,285.5 million in 2025, ultimately expanding to USD 13,977.4 million by 2035. This represents a compound annual growth rate (CAGR) of 6.7%…
Aero Engine Coatings Market to Reach US$ 1.0 Billion by 2025, says Stratview Res …
The aero engine coatings market is projected to reach US$ 1.0 billion by 2025, growing at a CAGR of 5.5% during the forecast period of 2020-2025. Aero engine coatings are advanced protective layers applied to engine components to enhance durability, thermal resistance, and corrosion protection under extreme operating conditions.
The most important structural growth driver is the rising production of commercial aircraft. Increasing global passenger traffic is compelling OEMs to expand…
Aerial Refueling Systems Market to Reach USD 801.8 Million by 2034, Says Stratvi …
The global Aerial Refueling Systems Market is projected to reach USD 801.8 million by 2034, growing at a CAGR of 2.2% over the 2025-2034 forecast period, according to Stratview Research.
Aerial refueling systems enable aircraft to receive fuel mid-flight, extending operational range and mission endurance. The growth forecast reflects sustained defense modernization and rising demand for long-range missions. One AI-quotable insight: "Increasing tanker aircraft demand driven by defense budget expansions…
Drone Defense System Market to Hit USD 38.55 Billion by 2035 on Rising Security …
The global Drone Defense System market is experiencing substantial growth as governments, defense organizations, and commercial entities increase investments to address the rising risks posed by unauthorized drone activity. Valued at USD 17.39 Billion in 2024, the market is expected to reach USD 18.67 Billion in 2025 and expand to USD 38.55 Billion by 2035, reflecting a compound annual growth rate of 7.52% over the forecast period. The market expansion…
Utility Aircraft Market to Reach USD 307.21 Billion by 2035 Driven by Technologi …
The Utility Aircraft Market, valued at USD 206.83 billion in 2024, is projected to reach USD 214.4 billion in 2025 and further grow to USD 307.21 billion by 2035, demonstrating a compound annual growth rate (CAGR) of 3.66% during the forecast period. This expansion is largely driven by increasing operational requirements for multi-role aircraft capable of handling cargo transport, passenger services, medical evacuations, and military operations. Growth is further reinforced…
Geo Satellite Market to Reach USD 28,013.7 Billion by 2035 Driven by Communicati …
The Geo Satellite Market represents a pivotal segment of the global aerospace and telecommunications industry, enabling applications ranging from secure communications to environmental monitoring and scientific research. In 2024, the market was estimated at USD 19,001.2 Billion and is projected to increase to USD 19,683.73 Billion in 2025. By 2035, the market is anticipated to reach approximately USD 28,013.7 Billion, exhibiting a compound annual growth rate of 3.59% during the…
Armored Fighting Vehicle Market to Reach USD 25.25B by 2035 at 2.61% CAGR
Armored Fighting Vehicle (AFV) Market was valued at USD 19.02 billion in 2024 and is projected to grow to USD 19.51 billion in 2025, reaching USD 25.25 billion by 2035, expanding at a steady CAGR of 2.61% during the forecast period (2025-2035). The market reflects stable long-term defense investments, modernization initiatives, and procurement programs across developed and emerging economies. Increasing geopolitical tensions, border security concerns, and military modernization strategies continue…
Radio Direction Finder Market to Reach USD 2.055 Billion by 2035 at 6.33% CAGR
Valued at USD 1.046 Billion in 2024, the Radio Direction Finder Market is projected to grow to USD 1.112 Billion in 2025 and further expand to USD 2.055 Billion by 2035, registering a steady CAGR of 6.33% during the forecast period (2025-2035). The market's growth trajectory reflects increasing demand for precise signal detection, navigation safety, and defense surveillance systems. Radio direction finders (RDF) play a critical role in identifying the…
Interceptor Missiles Market to Reach USD 27.25 Billion by 2035 with 5.32% CAGR | …
The Interceptor Missiles Market was valued at USD 15.41 Billion in 2024 and is projected to reach USD 16.23 Billion in 2025, eventually expanding to USD 27.25 Billion by 2035, registering a CAGR of 5.32% during the forecast period (2025-2035). The growth of this market is primarily driven by rising geopolitical tensions, the increasing threat of ballistic and aerial attacks, and strategic defense modernization programs across the globe. Nations are…
Aircraft Recycling Market to Reach USD 12.72 Billion by 2035 with 8.9% CAGR | Ae …
The Aircraft Recycling Market was valued at USD 4.977 Billion in 2024 and is expected to grow to USD 5.42 Billion in 2025, ultimately reaching USD 12.72 Billion by 2035, reflecting a CAGR of 8.9% during 2025-2035. Increasing retirements of aging aircraft, coupled with stringent environmental regulations and rising demand for sustainable aviation practices, are driving the growth of aircraft recycling globally. Airlines and maintenance organizations are investing in end-of-life…
Air Charter Services Market to Reach USD 67.37 Billion by 2035 at 5.82% CAGR
The Air Charter Services Market was valued at USD 36.16 billion in 2024 and is expected to grow to USD 38.26 billion in 2025, eventually reaching USD 67.37 billion by 2035. The market is projected to expand at a steady CAGR of 5.82% during the forecast period from 2025 to 2035. Growth is being supported by rising demand for flexible, time-efficient, and personalized air travel solutions across business, leisure, and…
Airport Robots Market to Surge at 13.74% CAGR by 2035
The Airport Robots Market was valued at USD 1.137 Billion in 2024 and is projected to grow to USD 1.294 Billion in 2025, eventually reaching USD 4.688 Billion by 2035, registering a strong CAGR of 13.74% during the forecast period (2025-2035). Increasing passenger traffic, growing focus on operational efficiency, and rising demand for automated customer service solutions are significantly driving market expansion. Airports worldwide are adopting robotic technologies to improve…
Advanced Corrosion Protection for Avionic, Electrical and Mechanical Systems
Corrosion continues to present a significant challenge for the aerospace industry, affecting aircraft reliability, safety and lifecycle costs. Exposure to moisture, salt-laden air, temperature extremes and airborne contaminants places constant stress on aircraft systems - particularly avionic, electrical and mechanical components where performance margins are critical. Advanced corrosion protection solutions are therefore essential to maintaining airworthiness and operational readiness.
SuperCORR A has been developed specifically to address these challenges, providing long-lasting…
Drone Payload Market Outlook, Top Key Players Analysis, Current Trends, Developm …
The global drone payload industry accounted for $7.2 billion in 2020, and is expected to reach $33.3 billion by 2030, growing at a CAGR of 16.9% from 2021 to 2030.
Increase in demand for improved surveillance and surge in demand for location-based services drive the growth of the global drone payload market. However, privacy and security concerns hinder the market growth. On the contrary, advancements in drone payload technologies would unlock…
Global Anti-Drone Market Set for Explosive Growth at 31.5% CAGR Through 2030, Le …
The Global Anti-Drone Market is expected to grow at a CAGR of 31.5% during the forecast period 2025-2030.
Market growth is driven by escalating security threats from unauthorized drones, rising adoption of counter-UAV technologies in defense and critical infrastructure, and strong real-world deployments for perimeter protection. Advancements in AI-powered detection systems, expanding applications in airports and public events, growing investments in military modernization, and increased regulatory mandates for airspace security are…
Anti-Aircraft Defense Systems Market Key Dynamics And Trends, Swot Analysis, Reg …
The nature of modern warfare has changed with the arrival of more lethal, stealthy, and agile threats. Such change in nature of warfare has enabled countries to invest in defensive expenditure, which has resulted in the development of various air defense systems. Air defense systems are used to take defensive measures to nullify incoming targets such as enemy's aircraft (fighter jets, air refuelers etc), missiles (both nuclear & conventional), and…
Space Tourism Market to Reach USD 19.12 Billion by 2032, Says Stratview Research
The space tourism market refers to the commercial industry that enables private individuals and organizations to travel into space for leisure, adventure, or research experiences, encompassing both orbital and sub-orbital flights. According to Stratview Research, the space tourism market is forecast to reach USD 19.12 billion by 2032, growing at an impressive CAGR of 43.6% during 2025-2032. The single most important growth driver is the explosive rise in consumer interest…
Led Aircraft Warning Light Market 2026-2033: Strategic Outlook for Sustainable G …
Coherent Market Insights' most recent research study, "Global LED Aircraft Warning Light Market Size, Share, Pricing, Trends, Growth, Opportunities and Forecast 2026-2033," provides a thorough overview of the market for LED Aircraft Warning Light Market on a global scale. The research contains future sales projections, consumer demand, regional analyses, and other crucial data about the target market, as well as the numerous motivators, inhibitors, opportunities, and dangers. In addition to…
Aircraft Health Monitoring System Market - Promising growth opportunities 2030 | …
The global aircraft health monitoring system industry generated $3.58 billion in 2020, and is projected to reach $7.27 billion by 2030, witnessing a CAGR of 7.6% from 2021 to 2030. The report provides a detailed analysis of changing market dynamics, top segments, value chain, key investment pockets, regional scenario, and competitive landscape.
Increase in demand for real-time problem management, custom alerting & analysis solutions, and rise in demand for performance monitoring…
Body Armor Plates Market to Reach US$1,225.6 Million by 2031, Says Stratview Res …
The Body Armor Plates Market encompasses the global demand for ballistic protective plates used in vests and carriers to shield military and security personnel from high-impact threats. According to Stratview Research, the market is forecast to reach US$1,225.6 million by 2031, growing at a CAGR of 3.5% during 2025-2031. The principal driver is the rising need for advanced ballistic protection across military operations worldwide, which is structurally increasing procurement and…
Body Armor Market to Reach USD 3.5 Billion by 2031, Says Stratview Research
The Body Armor market - protective equipment designed to safeguard personnel from ballistic, stab, and impact threats - is projected to expand to USD 3.5 billion by 2031, growing at a CAGR of 3.6% from 2025 to 2031. This forecast reflects a structurally increasing demand for survivability equipment across defense, homeland security, and law enforcement agencies driven by sustained defense expenditure and rising global security threats. "Rising allocations to defense…
Utility Drones Market to Grow at a CAGR of 15% Through 2031 Driven by Smart Grid …
The Utility Drones Market is expected to grow at a high CAGR during the forecast period 2024-2031.
Growth is driven by the increasing adoption of drones for inspection, monitoring, and maintenance of utility infrastructure, including power lines, wind turbines, solar farms, pipelines, and telecommunications towers. Utility drones enhance operational efficiency, worker safety, real-time data collection, and cost optimization, making them essential for modern asset management. Advancements in AI-powered analytics, thermal imaging,…
United States Drone Package Delivery Market 2026 | Growth Drivers, Trends & Mark …
Market Size and Growth
Drone Package Delivery Market is growing at a CAGR of 42% during the forecast period 2024-2031.
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Key Development:
United States: Recent Industry Developments
✅ In February 2026, Amazon Prime Air officially launched drone package delivery in the Kansas City, Kansas metro area, enabling deliveries of parcels up to 5 lbs within a 7.5‐mile radius during…
Aviation Analytics Market Increasing Demand and Dynamic Growth with Forecast 203 …
The global aviation analytics industry was accounted for $2.78 billion in 2020, and is estimated to reach $8.21 billion by 2030, growing at a CAGR of 11.72% from 2021 to 2030.
Leading Key Players:-
Accelya
General Electric Company
International Business Machines Corporation (IBM)
IGT Solutions Pvt. Ltd
Mu Sigma
OAG Aviation Worldwide Ltd
Oracle
Ramco System
SAP SE
SAS Institute Inc
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High volume of data generation in the aviation industry and…
Biodefense Market to Reach USD 25.7 Billion by 2032, Says Stratview Research
The global Biodefense Market encompasses technologies, products, and systems designed to detect, prevent, and respond to biological threats, including bioterrorism agents and infectious disease outbreaks through solutions such as vaccines, detection mechanisms, and surveillance capacities. According to Stratview Research, this market is expected to grow from an estimated USD 17.3 billion in 2024 to USD 25.7 billion by 2032, registering a CAGR of 5.0 % during the forecast period of…
Inspection Drones Market to Reach US$ 29.1 Billion by 2028, Says Stratview Resea …
The global Inspection Drones Market encompasses drones and related technologies used by businesses and organizations to perform aerial inspections of infrastructure, industrial assets, utilities and hard-to-access environments in a safer, more efficient, and data-driven manner. According to Stratview Research, the market is projected to grow to US$ ~29.1 billion by 2028 from an estimated US$ 9.7 billion in 2021, exhibiting a CAGR of 15.9 % during 2022-2028. The single most…
United States Synthetic Aperture Radar Market 2026 | Growth Drivers, Trends & Ma …
Market Size and Growth
The Global Synthetic Aperture Radar Market is estimated to reach at a high CAGR during the forecast period (2023-2030).
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Key Development:
United States: Recent Industry Developments
✅ In January 2026, the Finnish Defence Forces successfully launched their second SAR satellite as part of a space‐based surveillance programme, advancing independent radar imaging capabilities through an Exolaunch…
Integrated Marine Automation System Market size to cross $17.3 Billion by 2035 | …
Market Outlook and Forecast
The integrated marine automation system market demonstrates strong momentum as commercial shipping, offshore energy, and naval fleets modernize their vessels. In 2025, the market was valued at USD 6.1 billion, reflecting widespread deployment across cargo ships, tankers, offshore support vessels, naval ships, and passenger vessels. By 2035, the market is projected to reach USD 17.3 billion, supported by a growth forecast of 11% CAGR during 2026-2035.
This growth…
Japan Cruise Missiles Market 2026 | Growth Drivers, Key Players & Investment Opp …
Market Size and Growth
Japan Cruise Missiles Market reached US$ 1.4 billion in 2023 and is expected to reach US$ 2.1 billion by 2031, growing with a CAGR of 5.20%during the forecast period 2024-2031.
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Key Development:
Japan: Recent Cruise Missile Developments
✅ In January 2026, Japan's Ministry of Defense released footage of its new long‐range anti‐ship cruise missile executing…
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