Press Releases by Category Aerospace & Defense
Commercial Drone Market to Reach USD 17.7 Billion by 2032, Says Stratview Resear …
The commercial drone market encompasses unmanned aerial vehicles (UAVs) designed and deployed for industrial, enterprise, and business applications such as precision agriculture, surveillance & monitoring, inspection & maintenance, delivery & logistics, and mapping services. According to Stratview Research, this market is expected to grow from an estimated USD 7.0 billion in 2024 to USD 17.7 billion by 2032, registering a compound annual growth rate (CAGR) of 11.6% during the forecast…
Aviation Crew Management System Market Size Worth $5.61 Billion by 2032 With CAG …
According to the report, the global aviation crew management system market size was valued at $2.61 billion in 2022 and is projected to reach $5.61 billion by 2032, registering a CAGR of 8.16% from 2023 to 2032.
The growing demand for sophisticated software designed to improve crew operations across a range of aviation industries will experience significant growth.
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The global aviation crew management system market is driven by factors…
Aircraft Electric Motor Market Forecast 2026-2036: Market to Reach USD 30.9 Bill …
The global aircraft electric motor market is valued at USD 10.2 billion in 2026 and is projected to expand to USD 30.9 billion by 2036. This growth represents a CAGR of 11.5% over the ten-year forecast period. The market's structural expansion is driven by the transition from niche auxiliary power to performance-critical systems, enabling More Electric Aircraft (MEA) architectures that eliminate over 400 pounds of hydraulic and pneumatic hardware per…
Military Training Aircraft Market size to Reach USD 5.08 Billion by 2031 Amid Ri …
Introduction
According to Mordor Intelligence, the military training aircraft market size is estimated at USD 3.17 billion in 2026, projected to reach USD 5.08 billion by 2031, growing at a CAGR of 9.94% during the forecast period. This steady military training aircraft market growth reflects expanding pilot demand, replacement of aging trainer fleets, and the need to prepare aviators for fifth-generation combat aircraft environments.
The global military training aircraft industry…
Defensive Electronic Countermeasures Market to Reach US$ 4.4 Billion by 2028, Sa …
The Defensive Electronic Countermeasures Market is forecast to reach US$ 4.4 billion by 2028, growing at a CAGR of 4.4% during 2023-2028, according to Stratview Research. Stratview's analysis defines defensive electronic countermeasures as systems that detect and counteract hostile electronic threats to protect military and civilian assets. Government and defense organizations are structurally increasing investments in these systems to safeguard critical communications, sensor networks, and platform survivability amid evolving electronic…
Middle East and North Africa Drones and UAV Market to Reach US$ 1,887 Million by …
As per DataM intelligence research report "Middle East and North Africa Drones and UAV Market reached US$ 796 Million in 2025 and is expected to reach US$ 1887 Million by 2033, growing with a CAGR of 7.1% during the forecast period 2026-2033."
The market is growing due to increasing adoption of drones in defense, agriculture, and infrastructure monitoring. UAVs improve efficiency, surveillance, and data collection capabilities. Government investments and security needs…
Firefighting Aircraft Market Share, Size, Trends, Growth, Analysis, Research Rep …
The firefighting aircraft market size was valued at $9.5 billion in 2024, and is estimated to reach $27.2 billion by 2040, growing at a CAGR of 6.9% from 2025 to 2040.
The firefighting aircraft market dominates due to the essential role of lighting in ensuring safety, visibility, and productivity in harsh working environments. Sectors such as agriculture, construction, and mining rely heavily on durable, high-performance lighting systems, especially during night operations…
Space Power Supply Market to Reach US$ 3.9 Billion by 2031, Says Stratview Resea …
The space power supply market encompasses systems and components that generate, store, condition, and distribute electrical power for satellites, launch vehicles, and space exploration missions. According to Stratview Research, the global market is forecast to reach US$ 3.9 billion by 2031, expanding at a CAGR of 7.7% during 2026-2031. The most important growth driver is the accelerating deployment of small satellites and commercial space missions, as the rising number of…
Aerospace & Defense Materials Market Set for Explosive Growth to US$ 81.1 Billio …
The Global Aerospace And Defense Materials Market reached US$ 43.8 billion in 2023 and is expected to reach US$ 81.1 billion by 2031, growing with a CAGR of 8.0% during the forecast period 2024-2031.
Market growth is driven by global modernization initiatives in aerospace and defense, rising government investments in cutting-edge technologies, and increasing defense budgets worldwide. Demand for advanced materials like composites and alloys is surging due to needs for…
Green Airport Market to Exhibit a Remarkable CAGR of 10.2% by 2032 | SITA, ABB, …
Green airport market was valued at $4.6 billion in 2022, and is estimated to reach $12 billion by 2032, growing at a CAGR of 10.2% from 2023 to 2032.
The growth of the global green airport market is driven by factors such as stringent environmental regulations, increase in demand for operational cost savings and efficiency, and rise in awareness and concerns about environmental issues. However, high initial costs and challenges in…
The New Space Race: How LEO Satellites Are Rewriting the Rules of Global Connect …
The global Low Earth Orbit (LEO) satellite market is on a trajectory that would have seemed extraordinary just a decade ago. Valued at USD 16.2 billion in 2025, the market is expected to reach USD 17.8 billion in 2026 and climb to approximately USD 58.8 billion by 2036, growing at a rate of 12.7% per year. That's not just growth - it's a fundamental reshaping of how the world communicates,…
Space Debris Solutions Market - Global Industry Size & Growth Analysis 2020-2033
The latest study released on the Global Space Debris Solutions Market by HTF MI Research evaluates market size, trend, and forecast to 2033. The Space Debris Solutions study covers significant research data and proofs to be a handy resource document for managers, analysts, industry experts and other key people to have ready-to-access and self-analyzed study to help understand market trends, growth drivers, opportunities and upcoming challenges and about the competitors.
Consider…
Defense Tactical Radio Market Forecast: USD 14.89B by 2035 at 4.11% CAGR with to …
Defense Tactical Radio Market was valued at USD 9.558 billion in 2024 and is expected to grow to USD 9.951 billion in 2025, reaching USD 14.89 billion by 2035. This growth represents a compound annual growth rate (CAGR) of 4.11% over the forecast period of 2025 to 2035. The increasing need for reliable, secure, and interoperable communications in military operations is a primary driver of market expansion. Modernization programs across…
Aerospace Artificial Intelligence Market Forecast 2026-2035: Expected to Reach 6 …
Aerospace Artificial Intelligence Market was valued at 8.111 USD Billion in 2024 and is projected to reach 60.94 USD Billion by 2035, registering a compound annual growth rate of 20.12% over the forecast period. The market growth is fueled by the increasing implementation of AI-driven systems in flight operations, aircraft design optimization, and predictive maintenance. Rising demand for autonomous aircraft, real-time data analytics, and improved operational efficiency is further propelling…
Flexible Printed Circuit Boards (FPCBs) Market to Reach USD 64.62 Billion by 203 …
Flexible Printed Circuit Boards (FPCBs) Market was valued at around USD 23.68 billion in 2024 and is expected to grow at a robust CAGR of 13.8% from 2025 to 2032.
FPCBs are specialized circuit boards engineered to maintain dependable electrical connections even when bent, folded, or twisted. Their inherent flexibility enables the design of compact, lightweight, and space-efficient electronic devices. Rising demand for advanced electronics and innovative next-generation devices is driving…
Aerospace Service Robotic Market to Reach 8.13 USD Billion by 2035, by Advanced …
Aerospace Service Robotic Market, valued at 3.066 USD Billion in 2024, is expected to reach 8.132 USD Billion by 2035, reflecting a compound annual growth rate of 9.27% during the forecast period. Growth in this market is being driven by the increasing need for automation in aerospace manufacturing and maintenance, coupled with a rising emphasis on operational efficiency and precision. Aerospace service robots are increasingly deployed for inspection, repair, painting,…
Missile Warhead System Market Projected to Reach USD 24.96 Billion by 2035 on Ri …
Missile Warhead System Market was valued at USD 16.53 billion in 2024 and is expected to expand from USD 17.16 billion in 2025 to USD 24.96 billion by 2035, reflecting a compound annual growth rate (CAGR) of 3.82% during the forecast period. This market encompasses the development, production, and integration of warhead technologies designed for precision, effectiveness, and adaptability across multiple missile platforms. Market growth is primarily driven by increasing…
Magnetic Sensor Market to Reach US$ 5,307.63 Million by 2032, Growing at 6.5% CA …
Magnetic Sensor Market was valued at US$3,123.56 million in 2024 and is expected to grow at a CAGR of 6.5% from 2025 to 2032, driven by rising demand across automotive, consumer electronics, and industrial applications.
Magnetic sensors are electronic devices designed to detect variations in magnetic fields and convert them into electrical signals for further processing by electronic systems. Utilizing technologies such as the Hall effect, magnetoresistance, and inductive sensing, these…
Photonic Integrated Circuit Market Projected at 10.78% CAGR, Surpassing US$ 29,6 …
Photonic Integrated Circuit (PIC) market was valued at US$ 14,234.54 million in 2024 and is projected to grow at a CAGR of 10.78% from 2025 to 2032, driven by rising demand for high-speed data transmission and energy-efficient communication technologies.
A Photonic Integrated Circuit (PIC) is a compact optical chip that integrates multiple light-based functions-such as generation, modulation, routing, amplification, and detection-onto a single semiconductor platform. Unlike traditional electronic integrated circuits that…
Tow Tractor Market to Grow from US$ 2,163.89 Million to US$ 3,270.52 Million by …
Tow Tractor Market was valued at US$ 2,163.89 million in 2024 and is projected to grow at a CAGR of 5.72% from 2025 to 2032.
Tow tractors are purpose-built industrial vehicles used to move trailers, carts, and heavy materials across airports, distribution centers, manufacturing plants, and port facilities. Growing demand for streamlined material handling and operational efficiency in logistics, aviation, and industrial sectors is fueling global market expansion.
Emerging opportunities are centered…
At 13.1% CAGR Public Safety Drones Market Estimated to Reach $3.7 Billion by 203 …
According to the report, the global public safety drones industry size generated $1.1 billion in 2022 and is anticipated to generate $3.7 billion by 2032, witnessing a CAGR of 13.1% from 2023 to 2032.
The growth of the global public safety drones market is driven by factors such as rise in awareness of capabilities and benefits of public safety drones, increase in need for streamlined operations, and government investments in R&D.…
Pilot Training Simulation Systems Maket Great Impact in Near Future by 2030
HTF MI just released the Global Pilot Training Simulation Systems 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.
Key Players in This Report Include:
CAE, FlightSafety, L3Harris, TRU…
Mine Detection System Market Size 2023 | Business Status, Industry Trends and Fo …
The mine detection system market is expected to grow at a significant pace during the forecast period due to military land clearance operations and advancement in sensor technology in the defense industry. With the rise in security threats and border disputes, there has been increased usage of mine detection system for rapid area clearance and detecting both Improvised Explosive Devices and traditional Anti-Tank (AT) mines. A variety of technologies is…
Marine Electronics Market Size to Reach USD 10.37 Billion by 2035, Growing at a …
The marine electronics market is embarking on a period of steady expansion driven by technological innovation, heightened safety standards, and the growing complexity of global maritime operations. Marine electronics - including navigational systems, communication devices, automation solutions, and safety instruments - are increasingly integral for commercial shipping, naval fleets, fishing vessels, and recreational boats. According to Market Research Future (MRFR), the global marine electronics market was valued at approximately USD…
Aviation IoT Market Size to Reach USD 374.4 Billion by 2035, Growing at a CAGR o …
The Aviation IoT (Internet of Things) Market is underway in a period of rapid digital expansion as airlines, airports, and air traffic management systems increasingly adopt IoT technologies to enhance operational efficiency, safety, and passenger experience. According to Market Research Future, the Aviation IoT Market was estimated at USD 87.3 billion in 2024 and is projected to grow to USD 99.66 billion in 2025. Over the long term, the market…
Civil Helicopter Market Size to Reach USD 19.58 Billion by 2035, Growing at a CA …
The Civil Helicopter Market is experiencing consistent growth as demand rises across emergency services, law enforcement, transportation, tourism, and industrial applications. According to Market Research Future (MRFR), the civil helicopter market was valued at approximately USD 12.95 billion in 2024 and is projected to increase to USD 13.45 billion in 2025. Over the long term, the market is expected to expand to around USD 19.58 billion by 2035, exhibiting a…
UAV LiDAR Market Size to Reach USD 15.5 Billion by 2035, Growing at a CAGR of 15 …
The UAV LiDAR Market is poised for rapid and substantial growth as drone technologies become increasingly integrated with light detection and ranging (LiDAR) systems to deliver highly accurate 3D data for surveying, mapping, agriculture, forestry, infrastructure inspection, and environmental monitoring. According to Market Research Future (MRFR), the UAV LiDAR Market was valued at approximately USD 3.113 billion in 2024 and is expected to grow to USD 3.602 billion in 2025.…
Airborne LiDAR Market Size to Reach USD 7.998 Billion by 2035, Growing at a CAGR …
The Airborne LiDAR Market is experiencing robust expansion as industries and governments increasingly rely on high-precision geospatial data for mapping, environmental monitoring, and infrastructure development. LiDAR (Light Detection and Ranging) technology mounted on aircraft such as fixed-wing planes, helicopters, and drones enables accurate three-dimensional terrain modelling, terrain mapping, forestry analysis, and coastal studies, making it an indispensable tool across multiple sectors. According to Market Research Future (MRFR) analysis, the Airborne…
Aircraft Electrical System Market Share, Size, Trends, Growth, Analysis, Researc …
According to the report, the global aircraft electrical system industry size generated $16.87 billion in 2022 and is anticipated to generate $30.67 billion by 2032, witnessing a CAGR of 6.2% from 2023 to 2032.
The growth of the global aircraft electrical system market is driven by factors such as increase in demand for air travel, rise in the development of electric and hybrid aircraft, and increase in the integration of advanced…
Rail Composites Market to Reach USD 1.64 Billion by 2028, Says Stratview Researc …
The global rail composites market - covering composite materials used in rail vehicle interiors, exteriors, and structural components to reduce weight and enhance performance - is projected to reach USD 1.64 billion by 2028, growing at a CAGR of 4.6% during 2023-2028. This growth is primarily driven by the rail industry's increasing adoption of lightweight composite materials to improve fuel efficiency, lower emissions, and meet stringent safety and performance standards…
Underwater Mapping Service Market Is Going to Boom Rapidly With Top Key Players …
Coherent Market Insights has released a report titled "Underwater Mapping Service 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), and profit…
Pure Electric Autonomous Manned Aircraft Market Set to Witness Rapid Growth and …
Coherent Market Insights has added a new research study on the Global "Pure Electric Autonomous Manned Aircraft 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…
Aerospace & Defense C-Class Parts Market to Reach USD 18.3 Billion by 2034, Says …
The global aerospace & defense C-class parts market - encompassing low-cost, high-volume consumables such as fasteners, bearings, electronic components, and machined parts used extensively across aircraft and defense platforms - is projected to reach USD 18.3 billion by 2034, growing at a CAGR of 2.8% during the forecast period 2025-2034. This growth is primarily driven by sustained expansion in commercial aircraft deliveries and defense fleet modernisation programmes, which increase demand…
Business Jets Market Set for Explosive Growth to US$ 254.26 Billion by 2032, Led …
The Business Jets Market size reached US$ 102.69 billion in 2024 and is expected to reach US$ 254.26 billion by 2032, growing with a CAGR of 12% during the forecast period 2025-2032.
Market growth is driven by surging demand from high-net-worth individuals, corporate executives, and emerging markets in Asia-Pacific and the Middle East. Advancements in sustainable aviation fuels, lightweight materials, and supersonic jet technologies, coupled with expanding fractional ownership models and…
Directed Energy Weapons Market Set to Surpass $22.2 Billion by 2032, Register at …
Directed energy weapons market was valued at $4.9 billion in 2022, and is estimated to reach $22.2 billion by 2032, growing at a CAGR of 16.4% from 2023 to 2032.
Directed energy weapons (DEWs) are a form of weapon system that utilizes concentrated electromagnetic energy to incapacitate or eliminate targets. These weapons utilize a variety of energy sources, such as lasers and high-energy microwaves, to provide precise and targeted attacks. Additionally,…
Satellite Ground Station Market Size Growing at 11.9% CAGR, Set to Reach USD 178 …
Satellite ground station market size was valued at $58.70 billion in 2022, and is estimated to reach $178.9 billion by 2032, growing at a CAGR of 11.9% from 2023 to 2032.
Satellite Ground Stations (SGS) are primarily used for collecting remote sensing satellite data which can further be used for different applications. Some of the popular satellite ground station systems installed globally include Oberon, Capella, and Telesto.
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The…
AI in Drones Market to Reach US$ 55 Billion by 2032, Says Stratview Research
The AI in drones market encompasses the integration of artificial intelligence technologies into unmanned aerial vehicles (UAVs) to enable autonomous functions such as real-time data processing, object recognition, navigation, and decision-making across industry applications like surveillance, delivery, agriculture, and inspection. According to Stratview Research, this market is projected to reach US$ 55 billion by 2032, growing at a CAGR of 19.4 % during the 2025-2032 forecast period. The most important…
Urban Air Mobility Market is expected to Hit US$ 54.03 billion by 2032 | Major C …
Market Size and Forecast:
The Global Urban Air Mobility Market size reached US$ 4.84 billion in 2024 and is expected to reach US$ 54.03 billion by 2032, growing with a CAGR of 35.20% during the forecast period 2025-2032.
DataM Intelligence has published a new research report on "Urban Air Mobility Market Size 2026". The report explores comprehensive and insightful Information about various key factors like Regional Growth, Segmentation, CAGR, Business Revenue Status…
5G in Defense Market Supported by a CAGR of 67.7% from 2021 to 2030
The global 5G in defense industry was pegged at $551 million in 2020 and is estimated to hit $76.01 billion by 2030, registering a CAGR of 67.7% from 2021 to 2030.
Increase in the number of autonomous defense vehicles, drones, and robots, rise in support of government toward the development of 5G, and surge in demand for surveillance activities fuel the global 5G in defense market. However, cyber security threats to…
Multipurpose Autonomous Surface Vessels Market Outlook 2026-2033: Growth Drivers …
Coherent Market Insights has released a comprehensive study titled "Multipurpose Autonomous Surface Vessels Market: Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2026-2033." The report provides validated market size estimates, percentage share analysis, competitive landscape evaluation, and detailed regional insights in an increasingly competitive and rapidly evolving market environment. It further examines industry performance indicators, growth drivers, restraints, cost structures, and investment feasibility metrics including projected returns and margin outlook.
The…
Orbital Spaceflight Market Size | Industry Thriving Worldwide at a Significant G …
An orbital spaceflight, also known as the orbital flight, is a spaceflight in which the spacecraft is placed on a trajectory such that it could remain in space for at least one complete orbit. To attain this around the earth, the spacecraft must be on a free trajectory having a high altitude at perigee around 80 kilometers. This boundary of space is decided by NASA. In addition, to remain…
Mobile Threat Defense Market Set to Reach US$10.5 Billion by 2031 Amid Rising Mo …
Mobile Threat Defense Market Size and Forecast
Global Mobile Threat Defence Market reached US$ 2.2 billion in 2022 and is expected to reach US$ 10.5 billion by 2031, growing with a CAGR of 22.0% during the forecast period 2024-2031.
DataM Intelligence has published a new research report on "Mobile Threat Defense Market Size 2025". The report explores comprehensive and insightful Information about various key factors like Regional Growth, Segmentation, CAGR, Business Revenue…
Aircraft Nacelle Systems Market Set for Steady Growth to US$ 116.5 Billion by 20 …
The Aircraft Nacelle Systems Market reached US$ 8.97 billion in 2024 and is expected to generate cumulative sales of US$ 116.5 billion by 2034, growing at a CAGR of 3.5% during the forecast period 2025-2034.
Market growth is driven by rising global air traffic, stricter environmental regulations for fuel efficiency and noise reduction, and increasing demand for lightweight nacelle systems using advanced composites. Advancements in materials science, growing aircraft deliveries especially…
United States Cigarette Market Size, Share, Trends, Growth Factors and Forecast …
IMARC Group has recently released a new research study titled "United States Cigarette Market Report by Type (Light, Medium, and Others), Distribution Channel (Tobacco Shops, Supermarkets and Hypermarkets, Convenience Stores, Online Stores, and Others), and Region 2026-2034", offers a detailed analysis of the market drivers, segmentation, growth opportunities, trends and competitive landscape to understand the current and future market scenarios.
United States Cigarette Market Overview
The United States cigarette market size reached…
Space Launch Vehicle Services Market to Reach USD 18.0 Billion by 2030, Says Str …
The global space launch vehicle services market - encompassing operations and services that transport payloads such as satellites, spacecraft, and scientific instruments into space using launch vehicles - is projected to reach USD 18.0 billion by 2030, growing at a CAGR of 10.6% during the forecast period 2025-2030. This growth is primarily driven by the increasing frequency of satellite launches for commercial communications, Earth observation, and navigation, as well as…
Space Radar Market Valued at $5.95 Billion in 2024, Set for Robust Growth Throug …
London, UK - February 2026 | Strategic Revenue Insights Inc. - The global Space Radar market is entering a transformative phase as governments and commercial space enterprises intensify investments in advanced surveillance, Earth observation, and space situational awareness technologies. Space radar systems, deployed on satellites and orbital platforms, enable high resolution imaging, object tracking, terrain mapping, and all weather monitoring capabilities that are essential for both civilian and defense applications.…
Aerospace Thermal Processing Market to Reach USD 5.3 Billion by 2032, Says Strat …
The aerospace thermal processing market, which encompasses controlled heat treatment and surface technology processes used to enhance the mechanical properties and performance of aerospace components, is projected to grow steadily in the coming years. According to Stratview Research, the market is expected to reach USD 5.3 billion by 2032, expanding at a CAGR of approximately 2.7% during 2025-2032. This growth is primarily driven by the aerospace industry's ongoing demand for…
In-Flight Entertainment Market to Reach USD 3.2 Billion by 2028, Says Stratview …
The in-flight entertainment market, which covers systems and solutions that provide audiovisual content and engagement services to airline passengers during flights, is expected to grow significantly in the coming years. According to Stratview Research, the market is projected to reach approximately USD 3.2 billion by 2028, exhibiting a CAGR of around 10.2% over the 2023-2028 forecast period. This rapid growth is primarily driven by increasing air passenger traffic and the…
A new category of self-powered, carbon neutral aviation
Skyliners Global today announced the development of the world's first hybrid vacuum lift VTOL aircraft, a new category of self-powered, carbon neutral aviation. The Skyliner platform combines vacuum lift buoyancy, multisource energy harvesting, and vertical takeoff and landing capabilities to enable flight without fuel, without emissions, and without external charging.
Built around nine core inventions and protected by a comprehensive intellectual property architecture, the Skyliner is designed for cargo, passenger transport,…
BANC3 Strengthens U.S. Defense Capabilities with SignalEyeTM and SHIELD Program …
Princeton, NJ - 2026 - In today's rapidly evolving security environment, dominance of the electromagnetic spectrum has become a decisive factor in mission success. Modern adversaries deploy agile, fast-hopping, and low-probability-of-intercept signals that challenge traditional monitoring systems. Legacy narrowband technologies are no longer sufficient to detect, analyze, and respond to these sophisticated threats in real time.
BANC3, Inc., a defense technology company specializing in RF, space, and software-defined systems, is addressing…
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