Press Releases by Category Aerospace & Defense
In-Flight Entertainment & Connectivity Market to Reach USD 8.2 Billion by 2034, …
The in-flight entertainment & connectivity (IFEC) market, encompassing systems that deliver audiovisual content and internet services to airline passengers during flights, is projected to reach USD 8.2 billion by 2034, growing at a CAGR of approximately 4.0% over 2024-2034. This growth is primarily driven by increasing air travel demand coupled with airlines' focus on enhancing passenger experience through advanced connectivity solutions and entertainment services, which help carriers differentiate their offerings…
A Deep Drive Into Fuel Cell UAV Market to Generate $5.4 Billion by 2032
The fuel cell UAV industry size was valued at $1.6 billion in 2022, and is estimated to garner $5.4 billion by 2032, growing at a CAGR of 13.4% from 2023 to 2032.
The concept of fuel cell UAVs is typically attributed to the transportation options that use propulsion technology, which does not produce internal combustion engine exhaust or other carbon emissions when it operates. It is primarily designed to replace conventional…
Aircraft Casting Market to Reach USD 14.5 Billion by 2032, Says Stratview Resear …
The Aircraft Casting Market encompasses metal casting processes used to produce critical aircraft parts with complex geometries, high strength, and thermal performance for airframes and engines. The market is forecast to reach USD 14.5 billion by 2032, growing at a CAGR of 3.7% from 2025 to 2032. Increasing global aircraft production driven by rebounding passenger traffic and fleet expansion is the single most important growth driver, as higher aircraft deliveries…
Passive Radar Market: Trends, Growth, and Opportunities
The global Passive Radar Market is witnessing steady growth, driven by rising defense modernization initiatives, advancements in surveillance technologies, and growing demand for low-detectability radar systems. Valued at USD 6.121 billion in 2024, the market is projected to reach USD 6.518 billion in 2025 and expand significantly to USD 12.21 billion by 2035, reflecting a Compound Annual Growth Rate (CAGR) of 6.48% during the forecast period from 2025 to 2035.…
155Mm Munitions Market: Growth, Trends, and Opportunities
The global 155Mm Munitions Market is experiencing steady growth, driven by rising defense expenditures, modernization of artillery systems, and increased demand for precision-guided munitions. Valued at USD 7.175 billion in 2024, the market is expected to reach USD 7.501 billion in 2025 and expand to USD 11.7 billion by 2035, reflecting a Compound Annual Growth Rate (CAGR) of 4.54% during the forecast period from 2025 to 2035. Growing geopolitical tensions,…
Civil Aviation Industry Market: Trends, Growth, and Opportunities
The global Civil Aviation Industry Market is witnessing robust growth, driven by increasing air travel demand, technological advancements, and expansion of airline networks worldwide. Valued at USD 777.95 billion in 2024, the market is projected to reach USD 847.35 billion in 2025 and is expected to surge to USD 1,991.34 billion by 2035, reflecting a Compound Annual Growth Rate (CAGR) of 8.92% from 2025 to 2035. Factors such as rising…
Advanced Air Mobility Market: Growth, Trends, and Opportunities
The Advanced Air Mobility (AAM) Market is set to revolutionize urban and regional transportation by providing safe, efficient, and autonomous air transport solutions. Valued at USD 24.64 billion in 2024, the market is projected to reach USD 30.11 billion in 2025 and expand dramatically to USD 223.58 billion by 2035, registering a robust Compound Annual Growth Rate (CAGR) of 22.2% during the forecast period from 2025 to 2035. The growth…
Underwater Drone Market: Growth, Trends, and Opportunities
The global Underwater Drone Market is witnessing exponential growth, driven by the increasing demand for autonomous underwater exploration, oceanographic research, and commercial applications. Valued at USD 5.126 billion in 2024, the market is expected to reach USD 5.972 billion in 2025 and surge to USD 27.51 billion by 2035, reflecting a robust Compound Annual Growth Rate (CAGR) of 16.5% during the forecast period from 2025 to 2035. The rising adoption…
Defense Composites Market to Reach USD 1054 Million by 2032, Says Stratview Rese …
The Defense Composites Market refers to advanced material systems combining fiber reinforcements with polymer matrices to yield high strength-to-weight ratios essential for military platforms. The market is forecast to reach USD 1054 million by 2032, growing at a CAGR of 3.1% during 2025-2032. Rising global defense procurement and modernization programs are the primary driver, as armed forces and OEMs increasingly adopt lightweight composites to improve performance and extend platform lifecycles;…
Aircraft Nacelle Components Market to Reach USD 10.6 Billion by 2034, Says Strat …
The Aircraft Nacelle Components Market encompasses engine-surrounding structures such as inlet cowls, fan cowls, thrust reversers, and other protective assemblies that enhance aerodynamics, safety, and performance in modern aircraft. The market is forecast to reach USD 10.6 billion by 2034, growing at a CAGR of 3.6% from 2025 to 2034. This growth is underpinned by increasing aircraft production and rising demand for lightweight, fuel-efficient nacelle components as airlines and OEMs…
Control Moment Gyroscope (CMG) Market to Reach US$3.05 Billion by 2033 at 7.58% …
The control moment gyroscope (CMG) reached US$ 1.58 billion in 2024, rising to US$ 1.70 billion in 2025, and is expected to reach US$ 3.05 billion by 2033, growing at a strong CAGR of 7.58% during the forecast period from 2026 to 2033. as demand increases for high-precision attitude control systems across aerospace and defense applications.
Growth is supported by rising demand across key segments such as spacecraft, satellites, launch vehicles,…
Aerospace Composite Ducting Market to Reach US$ 810.2 Million by 2028, Says Stra …
The aerospace composite ducting market, encompassing composite duct assemblies used for fluid conveyance and air management in aircraft systems, is projected to grow from an estimated US$ 417.1 million in 2022 to US$ 810.2 million by 2028, at a CAGR of 10.7 % during the 2023-2028 forecast period. This growth is primarily driven by the accelerated adoption of composite materials over traditional metals - offering significant weight reduction, enhanced strength,…
Aerospace Cockpit Control Panels Market to Reach US$ 1.41 Billion by 2034, Says …
The aerospace cockpit control panels market - covering the production and integration of instrument panels that enable pilots to monitor flight parameters and control aircraft systems - is forecast to grow from an annual market size of approximately US$ 1.01 billion in 2024 to US$ 1.41 billion by 2034 at a CAGR of 3.1 % during the 2025-2034 period. This growth is primarily driven by the rising production of commercial…
Aircraft Interior Refurbishment And Repair Market Set to Boom by 2033: Strategic …
Coherent Market Insights has released a report titled "Aircraft Interior Refurbishment And Repair Market: Industry Trends, Share, Size, Growth, Opportunity, and Forecast, 2026-2033", which includes market percentage records and a thorough enterprise-level analysis. This report examines competitive dynamics, regional performance, and long-term growth potential across the global market. This comprehensive study covers industry performance, critical success factors, risk assessment, manufacturing prerequisites, project costs, economic analysis, anticipated return on investment (ROI),…
Aerospace Adhesives Market Size, Trends, Key Insights and Forecast, 2023 - 2032
The aerospace adhesives industry was valued at $0.9 billion in 2022, and is estimated to reach $1.5 billion by 2032, growing with a CAGR of 5% from 2023 to 2032.
The aerospace industry is being transformed with the aid of the adoption of superior production techniques such as additive manufacturing (3-D printing) and automated assembly tactics. In response to this shift, aerospace adhesives can adapt by means of formulating adhesives which…
Aircraft Fuel Systems Market size to Reach USD 13.81 Billion by 2031 as Digital …
Market Overview
According to Mordor Intelligence, the aircraft fuel systems market was valued at USD 11.09 billion in 2026 and is expected to reach USD 13.81 billion by 2031, reflecting steady aircraft fuel systems market growth during the forecast period. Rising aircraft production, expanding military refuelling programs, and upgrades to digital fuel management technologies are shaping the aircraft fuel systems market forecast.
The aircraft fuel systems industry is closely…
Aircraft Engine Exhaust Market Size to Reach USD 41.47 Billion by 2035, Growing …
The Aircraft Engine Exhaust Market plays a vital role in modern aviation by managing the discharge of combustion gases from aircraft engines - a key factor in performance, fuel efficiency, emissions control, and noise reduction. As airlines expand fleets and regulatory pressures increase to reduce environmental impact, the demand for advanced aircraft engine exhaust systems continues to grow globally. According to reliable industry research, tThe Aircraft Engine Exhaust industry is…
Commercial Aircraft Engine Market Size to Reach USD 237.64 Billion by 2035, Grow …
The Commercial Aircraft Engine Market is set for dynamic expansion over the next decade, powered by rapid growth in global air travel demand, ongoing fleet modernization, and technological leaps toward fuel efficiency and sustainability. Commercial aircraft engines - typically turbofan and turboprop powerplants - are central to airline operations, influencing fuel consumption, operating costs, and environmental compliance. According to Market Research Future (MRFR), the market was valued at about USD…
Aircraft Turbine Engine Market Size to Reach USD 75.89 Billion by 2035, Growing …
The Aircraft Turbine Engine Market is entering a sustained growth phase driven by rising global air travel, fleet modernization efforts, and advances in engine technologies that prioritize fuel efficiency and emissions reduction. Turbine engines - including turbofan, turbojet, turboprop, and turboshaft types - are essential propulsion systems for commercial, business, and military aircraft. According to Market Research Future (MRFR), the market was valued at approximately USD 43.58 billion in 2024…
Small Marine Engines Market Size to Reach USD 52.69 Billion by 2035, Growing at …
The global Small Marine Engines Market is positioned for steady growth as demand rises for propulsion systems in recreational boats, support vessels, coastal craft, and other small-to-medium watercraft. According to Market Research Future, the small marine engines market was estimated at USD 34.19 billion in 2024 and is projected to grow to approximately USD 35.56 billion in 2025. Over the forecast period from 2025 to 2035, the market is expected…
Marine Auxiliary Engine Market Size to Reach USD 3.71 Billion by 2035, Growing a …
Marine Auxiliary Engine Market: Powering Shipboard Operations with Efficiency and Innovation
The Marine Auxiliary Engine Market is poised for measured growth as maritime industries emphasize energy efficiency, stricter emissions standards, and reliable onboard power solutions. Auxiliary engines - essential for powering electrical systems, pumps, ballast operations, emergency power, and other non-propulsion functions - are fundamental to vessel performance, safety, and operational continuity. According to Market Research Future (MRFR) analysis, the marine…
SATCOM Amplifiers Equipment Market Size, Current Trends, Active Key Players, and …
The global SATCOM amplifiers equipment market for space is experiencing a significant growth due to increasing launch of satellites in recent years. SATCOM amplifier equipment compromises electronic devices that enable communication with satellites in earth's orbit or space used along with other devices such as space antennas, transponders, and transceivers. Space SATCOM equipment is the backbone of space agencies and commercial space companies, as SATCOM takes care of the information…
Aerospace Locknuts Market Valued at $268.7 Million in 2024, Set for Steady Expan …
London, UK - February 2026 | Strategic Revenue Insights Inc. -The global aviation industry is entering a new growth cycle, and the Aerospace Locknuts market is emerging as a critical enabler of structural integrity, safety, and long term reliability in modern aircraft platforms. Aerospace locknuts are precision engineered fastening components designed to prevent loosening under extreme vibration, temperature fluctuations, and dynamic load conditions. As commercial aviation rebounds, defense modernization accelerates,…
Space Robotics Market Outlook: Market Dynamics and Growth Projections 2026-2033 …
Coherent Market Insights' most recent research study, "Global Space Robotics Market Size, Share, Pricing, Trends, Growth, Opportunities and Forecast 2026-2033," provides a thorough overview of the market for Space Robotics 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 future strategies, acquisitions, and…
Aviation IoT Market Projections and Strategic Insights for 2026-2033 | Honeywell …
Coherent Market Insights' most recent research study, "Global Aviation IoT Market Size, Share, Pricing, Trends, Growth, Opportunities and Forecast 2026-2033," provides a thorough overview of the market for Aviation IoT 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 future strategies, acquisitions, and…
Drone Training and Education Services Market Size, Share, Industry Analysis, Out …
The global drone training and education services industry size generated $0.91 billion in 2022 and is anticipated to generate $18.04 billion by 2032, witnessing a CAGR of 34.9% from 2023 to 2032.
Drones have become integral tools in firefighting operations in South Korea, particularly in challenging terrains such as mountainous areas, where their advanced aerial search functions aid in locating and rescuing individuals. Therefore, integration of virtual reality improves safety and…
Aircraft Cabin Lighting Market Forecast to Reach USD 2.89 Billion by 2032
The global aircraft cabin lighting market is experiencing robust growth, driven by a convergence of technological innovation, rising air passenger traffic, and a strategic focus on enhancing the passenger experience. While the market is expanding across various aircraft types, the wide-body segment presents a particularly high-growth opportunity for airlines and industry suppliers. The market is projected to grow from an estimated $1.81 billion in 2024 to $2.89 billion by 2032,…
Maritime Communication System Market Set to Hit USD 2.77 Billion by 2035 Amid Ra …
Maritime Communication System Market was valued at USD 1.65 Billion in 2024 and is anticipated to reach USD 2.77 Billion by 2035, demonstrating a steady CAGR of 4.83% during the forecast period of 2025 to 2035. The market growth is primarily driven by the increasing need for reliable and secure maritime communication networks, integration of satellite and wireless communication technologies, and rising emphasis on maritime safety and operational efficiency. Growth…
Global Cargo Vessel Market Projected to Hit USD 65.11 Billion by 2035, Fuelled b …
Cargo Vessel Market Size was estimated at 39.2 USD Billion in 2024, with the industry expected to reach 65.11 USD Billion by 2035, growing at a compound annual growth rate (CAGR) of 4.72% between 2025 and 2035. Market expansion is primarily driven by increasing globalization and rising international trade volumes. Additional factors include modernization of port infrastructure, technological advancements in vessel design, regulatory support for energy efficiency, and the shift…
Aircraft Fuel Systems Market Expected To Reach $15.7 Bn By 2032 At A CAGR Of 6.5 …
The aircraft fuel systems industry was valued at $8.5 billion in 2022, and is estimated to reach $15.7 billion by 2032, growing at a CAGR of 6.5% from 2023 to 2032.
The commercial aviation industry is experiencing notable growth due to various factors such as the expansion of global trade, economic advancement, and enhanced connectivity. This growth directly leads to an increased need for fuel systems in commercial aircraft.
Furthermore, airlines are…
High Altitude Platform Market to Reach US$ 3.13 Billion by 2032 | North America …
As per DataM intelligence research report "Global High Altitude Platform Market Size reached US$ 1.64 billion in 2024 and is expected to reach US$ 3.13 billion by 2032, growing with a CAGR of 8.40% during the forecast period 2025-2032."
The market is emerging with increasing demand for advanced communication and surveillance systems. HAPs provide connectivity in remote and underserved areas. Growing investments in aerospace and telecom infrastructure drive adoption.
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Aircraft Manufacturing Market size to Reach USD 529.02 Billion by 2030 Amid Flee …
Market Overview
According to Mordor Intelligence, the aircraft manufacturing market size was valued at USD 415.2 billion in 2025 and is projected to reach USD 529.02 billion by 2030, reflecting steady aircraft manufacturing market growth at a CAGR of 4.96% during the forecast period. The aircraft manufacturing industry is witnessing sustained demand supported by commercial fleet renewal, defence procurement programs, and ongoing investments in next-generation propulsion platforms.
The aircraft manufacturing…
Unmanned Aerial Vehicles Market to Reach US$ 77.49 Billion by 2033 at 10.69% CAG …
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% from 2025 to 2033. as commercial, government, and defense sectors worldwide accelerate deployment of UAVs to enhance operational capabilities, data collection, and automation.
Growth is supported by increasing demand across key applications such as surveillance & reconnaissance, agriculture…
Air Cargo Screening Systems Market Evaluated by Top Industry Players According t …
Air cargo screening systems are devices deployed at certain checkpoints in the airport to detect explosives and contrabands hidden in cargo. These systems help security agencies in securing the airport infrastructure against safety violations while ensuring smooth functioning of the global supply chain, which boosts the economic prospects of the country through aviation services. Boom in e-commerce due to online shopping has increased the air cargo volume over the past…
Aviation Engine MRO Market Size to Reach USD 73.58 Billion by 2035, Growing at a …
The Aviation Engine Maintenance, Repair, and Overhaul (MRO) Market is a critical backbone of the global aviation industry, ensuring that aircraft engines - among the most complex and costly components - remain safe, efficient, and airworthy throughout their service life. As air traffic continues to rebalance and grow globally, the demand for engine MRO services has surged, driven by fleet expansions, aging aircraft, and the high operational costs associated with…
Aircraft Micro Turbine Engines Market Size to Reach USD 76.0 Million by 2035, Gr …
The Aircraft Micro Turbine Engines Market is entering a period of sustained growth driven by rising demand for lightweight, fuel-efficient propulsion systems across both civilian and defense aviation sectors. Micro turbine engines, characterized by their compact size, high power-to-weight ratio, and relatively low maintenance requirements, are finding increased application in unmanned aerial vehicles (UAVs), light aircraft, and emerging urban air mobility platforms. According to Market Research Future (MRFR) analysis, the…
Aircraft Engine Nacelle Market Size to Reach USD 8.316 Billion by 2035, Growing …
The Aircraft Engine Nacelle Market is an essential but often underappreciated segment of the aerospace value chain, encompassing the structures that house aircraft engines and provide critical aerodynamic, noise-reduction, and safety functions. Engine nacelles serve as protective shells around engines, incorporating components like fan cowls, thrust reversers, and acoustic liners that influence overall aircraft performance, fuel efficiency, and environmental compliance. According to Market Research Future, the Aircraft Engine Nacelle Market…
Aerospace Engineering Services Market Size to Reach USD 103.22 Billion by 2035, …
The global Aerospace Engineering Services Airlines Market stands at the heart of a rapidly evolving aviation ecosystem shaped by digital transformation, sustainability imperatives, and rising air travel demand. As airlines expand their networks and modernize fleets, the need for specialized engineering services - including design and development, maintenance, repair and overhaul (MRO), certification, systems integration, and technical support - has never been greater. According to Market Research Future, this market…
Aircraft Electrification Market by Revenue, Present Scenario and Growth Prospect …
Aircraft electrification market size generated $6.2 billion in 2022, and is anticipated to generate $21.8 billion by 2032, witnessing a CAGR of 13.5% from 2023 to 2032.
The global aircraft electrification market is driven by factors such as increasing need for cleaner and quieter aircraft, rise in demand for electrical components in aircraft, and advancement in electric aircraft propulsion systems. However, high voltage and thermal issues of aircraft electrical systems and…
Unmanned Traffic Management Market Forecast to Reach USD 11.51 Billion by 2034
The Unmanned Traffic Management (UTM) market is a burgeoning sector poised for significant growth, driven by the increasing integration of drones and other unmanned aerial vehicles (UAVs) into commercial and public operations. With the market valued at an estimated USD 1.74 billion in 2024 and projected to reach USD 11.51 billion by 2034, at a compound annual growth rate (CAGR) of 20.80%, the industry is ripe with opportunity. While communication…
Inspection Drone Market Expected to Hit 134.49 USD Billion by 2035, Growing at 2 …
Inspection Drone Market Size was estimated at 15.56 USD Billion in 2024. The market is projected to reach 18.93 USD Billion in 2025 and further expand to 134.49 USD Billion by 2035, reflecting a CAGR of 21.66% during the forecast period. The growth of the market is driven by increasing adoption of drones for industrial and infrastructure inspections, enhanced operational efficiency, reduced human risk exposure, and rising government investments in…
Telecom CRM Market to Reach 210.45 USD Billion by 2035 Driven by AI and Digital …
Telecom (CRM) market was valued at 76.58 USD Billion in 2024 and is expected to reach 89.23 USD Billion in 2025, growing at a compound annual growth rate (CAGR) of 9.87% to achieve 210.45 USD Billion by 2035. This growth is primarily propelled by telecom operators' emphasis on improving customer engagement, streamlining operations, and leveraging AI and automation technologies to enhance service delivery. Rising adoption of cloud-based solutions and omnichannel…
Corrosion Resistant Aerospace Fasteners Market Set to Reach $852.6 Million by 20 …
London, UK - February 2026 | Strategic Revenue Insights Inc. - The global Corrosion Resistant Aerospace Fasteners Market is experiencing sustained expansion as aircraft manufacturers intensify their focus on structural integrity, lifecycle durability, and weight optimization. Aerospace fasteners engineered to resist corrosion are critical components in both commercial and defense aircraft, where exposure to extreme temperature variations, humidity, salt laden environments, and chemical agents can compromise structural reliability. As global…
Electric Aircraft Market Share to Grow at a CAGR of 10.9% from 2022 to 2031
The electric aircraft industry was valued at $8.50 billion in 2021, and is estimated to reach $23.5 billion by 2031, and growing with a CAGR of 10.9% from 2022 to 2031.
Significant factors impacting the growth of the electric aircraft market include integration of AI and ML in optimization of power resources, technological innovation to improve the efficiency of aircraft batteries, customer-centric approach, goal to achieve carbon net neutrality, rise in…
Aerospace Prepreg Market to Reach USD 6.4 Billion by 2030, Says Stratview Resear …
The Aerospace Prepreg Market, comprising high-performance composite materials pre-impregnated with controlled resin systems for aerospace applications, is projected to reach USD 6.4 billion by 2030. The market is forecast to grow at a CAGR of 11.3% during 2025-2030, driven by sustained demand for lightweight, fuel-efficient aircraft and increasing commercial aircraft production. This driver is structurally increasing demand because prepreg composites enable significant weight reduction in aircraft structures, thereby lowering fuel…
In-flight Connectivity Market to Reach US$ 4.2 Billion by 2034, Says Stratview R …
The global In-flight Connectivity Market enables real-time internet access, voice calls, and data services for passengers and flight crews through satellite and air-to-ground systems onboard commercial aircraft. It stood at US$ 1.9 billion in 2024 and is forecast to grow to US$ 4.2 billion by 2034, expanding at a CAGR of 6.6 % from 2025 to 2034. This forecast reflects robust demand for seamless connectivity during flights, driven by rising…
Future Scope of Military Notebook Computer Market Set to Witness Significant Gro …
Worldwide Market Reports has recently released a comprehensive research study titled "Military Notebook Computer Market Size and Forecast 2026-2033: Breakdown by Manufacturers, Key Regions, Types, and Applications." The report has been developed using a combination of primary and secondary research methodologies, ensuring a detailed and accurate analysis. Drawing insights from both historical data and future projections, the study highlights the expected growth of the Military Notebook Computer market in terms…
Sustainable Aviation Fuel Market to hit US$ 4,841.5 Million by 2031 | North Amer …
As per DataM intelligence research report "Sustainable Aviation Fuel Market reached USD 586.4 million in 2024 and is expected to reach USD 4,841.5 million by 2031, growing with a CAGR of 35.2% during the forecast period 2024-2031."
The market is growing due to rising demand for low-carbon alternatives in the aviation industry. SAF reduces greenhouse gas emissions compared to conventional jet fuel. Government policies and airline commitments drive adoption.
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Aircraft Wiring Harness Market to Reach USD 1.8 Billion by 2034, says Stratview …
The Aircraft Wiring Harness Market encompasses electrical wire bundles that transmit power and signals across aircraft systems. The market is projected to reach USD 1.8 billion by 2034, growing at a CAGR of 3.4% during the 2025-2034 forecast period. The single most important growth driver is expanding aircraft production and fleet expansion globally, which structurally increases demand for wiring harnesses as OEMs integrate more complex electrical and avionics systems into…
Sustainable Aviation Technology Market Size to Grow from USD 7.75 Billion in 202 …
Overview of the Sustainable Aviation Technology Market
The global Sustainable Aviation Technology Market is experiencing substantial growth, driven by increasing demands for eco-friendly solutions in the aviation industry. With concerns over climate change and regulatory pressures pushing for carbon-neutral alternatives, sustainable aviation technologies are emerging as vital tools for reducing the environmental impact of air travel. In 2023, the market is valued at USD 7.75 billion and is projected to reach…
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