X-band radar market is anticipated to grow at a considerable CAGR of 8.7% during the forecast period (2024-2031). The market growth is attributed to the growing focus of the defense sector on acquiring advanced radar systems to increase the nation's safety is a key factor driving the global market growth. For instance, COMMIT and Thales have signed a contract to produce and deliver the AWWS fire control cluster and sensor suite for the four new ASW Frigates that Damen Naval will build for the Belgian and Netherlands’ Navies.
Aerospace cyber security market is anticipated to grow at a considerable CAGR of 9.7% during the forecast period (2024-2031). Aerospace Cyber Security refers to the protection of aerospace systems, networks, and data from unauthorized access, manipulation, or disruption, ensuring secure and reliable operations in aviation and space exploration.
Torpedo market is anticipated to grow at a considerable CAGR of 5.6% during the forecast period (2024-2031). A torpedo is a sophisticated underwater missile, launched from submarines or ships. Propelled itself, it homes in on a target and explodes on contact or proximity, delivering a powerful punch to cripple or destroy enemy vessels.
Spacesuit market is anticipated to grow at a considerable CAGR of 7.5% during the forecast period (2024-2031). A spacesuit is a complex system of clothing, equipment, and environmental systems that are designed to keep astronauts alive and comfortable in the harsh environment of space.Factors such as a rise in space exploration programs, an increase in the space industry budget, and advancements in material science boost the growth of the spacesuit market.
Rocket propulsion market is anticipated to grow at a considerable CAGR of 5.3% during the forecast period (2024-2031). Rocket propulsion is a method used to send a projectile and out space while breaking earth’s gravity. The propulsion system used in rockets generate an enormous forwards push thus lifting the rocket from ground and propelling it towards space.
Submarine market is anticipated to grow at a moderate CAGR of 3.8% during the forecast period (2024-2031). Submarines are naval vessels that can propel themselves both beneath and on the water's surface. The vessels are used by armed forces, scientists, and private companies for combat, exploration, marine patrolling, oil field maintenance, and tourism. The market growth is attributed to rising geopolitical tensions, increasing maritime incidents, growing investment in submarine R&D technology, and extension in the application of submersible vehicles.
Satellite launch vehicle market is anticipated to grow at a significant CAGR of 12.8% during the forecast period (2024-2031). A satellite launch vehicle is a kind of launch vehicle used to deploy satellites into space and place them in their specific orbits. It serves the crucial purpose of transporting satellites and payloads from Earth’s surface or lower atmosphere to outer space. These vehicles are of various types based on weight, payload capacity, and orbital reach including small-lift satellite vehicles, reusable launch vehicles, geostationary satellite launch vehicles, and others.
Automatic weapons market is anticipated to grow at a CAGR of 8.5% during the forecast period (2024-2031). An automatic weapon, also known as a fully automatic firearm, is a firearm that automatically chambers and fires rounds when the trigger is pulled. Automatic weapons are different from semi-automatic weapons, which can only fire one shot per trigger pull. Automatic weapons can fire repeatedly as long as the trigger is held down, until the magazine is empty.
Maritime patrol aircraft market is anticipated to grow at a considerable CAGR of 5.3% during the forecast period (2024-2031). A maritime patrol aircraft is a fixed-wing aircraft designed to operate for long durations over water in maritime patrol roles — in particular anti-submarine warfare (ASW), anti-ship warfare (AShW), and search and rescue (SAR).They play a crucial role in safeguarding territorial waters, monitoring illegal activities, detecting and tracking submarines, and ensuring maritime security.
Autonomous weapons market is anticipated to grow at a considerable CAGR of 6.5% during the forecast period. Autonomous weapon systems are intended to choose and apply force to targets without human interaction. It comprises both semi, and fully autonomous weapons including air defense systems, loitering munitions, guided rockets, and others.
Aircraft de-icing market is anticipated to grow at a CAGR of 5.0% during the forecast period (2024-2031). Aircraft de-icing solution is a mixture of propylene glycol and water, heated to around 150 degrees, and sprayed under pressure to the wings of an aircraft. It helps to remove the ice from the aircraft making it suitable for take-off.
Zero-emission aircraft market is anticipated to grow at a CAGR of 15.5% during the forecast period (2024-2031). Zero-emission aircraft refers to aircraft that produce no greenhouse gas emissions during operation, such as carbon dioxide or methane. It provides a sustainable alternative to conventional aircraft, reducing air travel’s carbon footprint.
Airport robots market is anticipated to grow at a CAGR of 16.5% during the forecast period (2024-2031). Airport robots revolutionize travel by autonomously assisting passengers, handling baggage, ensuring security, and maintaining cleanliness within airport premises. These advanced machines, equipped with AI, sensors, and navigation systems, streamline operations, enhancing efficiency and passenger experience. They provide guidance, language translation, and real-time information, optimizing terminal navigation.
Military training aircraft market is anticipated to grow at a CAGR of 6.9% during the forecast period (2024-2031).Pilots and aircrew are trained for military operations using military trainer aircraft. They offer the fundamental, advanced, and instrument-based flying training required to pilot military aircraft and carry out missions.
Aircraft ignition system market is anticipated to grow at a significant CAGR of 10.9% during the forecast period (2024-2031). Aircraft ignition systemis a crucial component of an aircraft's engine that provides the spark necessary to ignite the fuel-air mixture in the engine cylinders and the primary function is to generate and deliver high-voltage electrical impulses to the spark plugs at precise intervals, ensuring proper combustion within the engine
Space Launch services market is anticipated to grow at a CAGR of 14% during the forecast period (2024-2031). Space Launch services is a framework in which help the space stations for launching the satellites with different segments and major key drivers which will impact the demand of market.
Jet engine market is anticipated to grow at a considerable CAGR of 6.4% during the forecast period (2024-2031). A jet engine is a reaction engine that produces thrust by expelling a fast-moving stream of heated gas. Jet engines are also called gas turbines. Growing demand for gas turbines across end-user industries is a key factor driving the growth of the global jet engine market.
Connected aircraft market is anticipated to grow at a significant CAGR of 10.9% during the forecast period (2024-2031). Connected Aircrafts integrates airtime connection, hardware from airplane, satellite components, and on- and off-aircraft apps and services to transform aviation sector communication.
Fighter aircraft market is anticipated to grow at a substantial CAGR of 3.7% during the forecast period (2023-2030). Escalating tensions and regional conflicts can worsen weaknesses and cause a need for enhanced air defense capabilities. Consequently, nations may prioritize investments in modernizing their air forces with advanced fighter jets. This serves a dual purpose: deterring potential aggression and securing air superiority.
Nano and microsatellite market is anticipated to grow at a CAGR of 23.3% during the forecast period (2023-2030). The market’s growth is attributed to increasing improved capabilities and technological advances. Miniaturization advances have increased SmallSat capabilities, making them viable for a wide range of applications previously reserved for larger satellites. According to the National Aeronautics and Space Administration (NASA), in May 2022, the demand for launching SmallSats was high, accounting for more than 94.0% of all spacecraft launched.
Command and control systems market is anticipated to grow at a CAGR of 4.4% during the forecast period (2023-2030). The market’s growth is attributed to the increasing technological advancements across the globe. Continuous technology developments, such as AI, machine learning (ML), and Internet-of-Things (IoT), improves command and control system capabilities, rendering them more efficient, adaptive, and integrated.
Aviation Analytics market is anticipated to grow at a CAGR of 10.8% during the forecast period (2023-2030). Aviation analytics provide aircraft maintenance and crew management programs to predict and manage pilot fatigue, aiming to reduce risks and ensure safe operations. The growing adoption of blockchain technology with the improving transparent tracking of the environmental benefits is the key factor supporting the market growth globally.
Aerostat system market is anticipated to grow at a CAGR of 11.5% during the forecast period (2023-2030). A significant factor propelling the Aerostat System Market is the implementation of innovative search and rescue technology into the SkyStar 140 aerostat system that renders it easier to rapidly locate individuals that are missing or trapped in the ravages of terrorist acts or natural disasters.
Unmanned combat aerial vehicle market is anticipated to grow at a CAGR of 18.2% during the forecast period (2023-2030). The market’s growth is attributed to a rise in the demand for autonomous systems. The advantages of unmanned and autonomous systems have been recognized by the military landscape on a global basis. The ability of UCAVs to operate in hazardous conditions, reduce the risk to human pilots, and complete complex tasks autonomously appeals to defense forces across the globe.
Unmanned Aerial Vehicle (UAV) market is anticipated to grow at a significant CAGR of 14.5% during the forecast period. The innovative UAV launches to meet the demand for end-user industries is a key factor driving the growth of the global UAV market. For instance, in September 2023, QinetiQ, a British firm, launched an affordable UAV crafted explicitly for swarming capabilities and cooperative missions involving manned and unmanned aircraft.
Space technology market is anticipated to grow at a CAGR of 8.9% during the forecast period (2023-2030). The space technology market is experiencing significant growth driven by a convergence of technological breakthroughs and scientific progress. This synergy is propelling the development of advanced tools and applications that leverage innovations in space-related fields. Notably, the integration of cutting-edge technologies such as blockchain, artificial intelligence (AI), 3D printing, and materials science is playing a pivotal role in fostering this expansion.
Sustainable aviation fuel (SAF) market is anticipated to grow at a considerable CAGR of 48.5% during the forecast period. The growing demand for greener and cleaner fuels along with cohesive government policies has driven the growth of the global sustainable aviation fuel market. SAF is a biofuel used to power aircraft that has similar properties to conventional jet fuel with a smaller carbon footprint. Depending on the feedstock and technologies used to produce it, SAF can reduce life cycle GHG emissions dramatically compared to conventional jet fuel.
Air charter services market is anticipated to grow at a CAGR of 5.4% during the forecast period (2023-2030). Air charter services is a service that offer helicopters, private jets and executive airliner charters, as well as a huge range of small specialist aircraft for all business and leisure purposes. The growing traffic on online booking websites for charted air planes such as PrivateFly, JetSetGo, and BookMyCharters have changed the whole scenario of private jet booking, making it as easy and simple.
Military land vehicles market is anticipated to grow at a considerable CAGR of 4.1% during the forecast period. The market growth is attributed to factors such as the increasing defense expenditure, geopolitical tensions, and technological advancements. The modernization of military forces and the demand for enhanced battlefield capabilities are some other factors anticipated to fuel the military land vehicles market growth.
Defense electronics market is anticipated to grow at a considerable CAGR of 5.6% during the forecast period. The growth of the market is attributed to factors such as increasing defense expenditure, technological advancements, and the need for advanced defense systems. For instance, in April 2023, according to recently released figures from the Stockholm International Peace Research Institute (SIPRI), U.S. defense spending accounted for nearly 40 percent of military expenditures by countries around the world in 2022.
Aircraft adhesive market is expected to grow at a considerable CAGR of 7.8% during the forecast period. The market's growth is attributed to the growing demand for new applications and the removal of aerospace sealants. Accordingly, the market players are coming up with new products to cater to the demand for aerospace sealant and adhesives. For instance, in April 2023, PPG Industries launched Semco Sealant Removal, Mixing, and Application Kit, a portable tool for the application and removal of aerospace sealants, adhesives, and potting compounds at any distant site using a wheeled tool kit.
Predator drone market is anticipated to grow at a CAGR of 10.7% during the forecast period (2023-2030). Predator drones have advanced significantly over the past several years as a result of ongoing research and development. Possibilities exist for innovation that would increase the capability and adoption of current, technologically advanced UAVs. The majority of highly developed predator drones have a variety of sensor systems, including air-to-air missiles, communication intelligence sensors, and GSM communications.
Defense logistics market is anticipated to grow at a considerable CAGR of 2.3% during the forecast period. According to the Internation Institute of Strategic Studies, in nominal terms, global defense spending has been on a strong upward trajectory over the last five years, increasing from a nominal $1.7 trillion in 2017 to $2.0 trillion in 2022. The growth of the market is attributed to factors such as increasing defense spending, rising geopolitical tensions, and the growing demand for efficient logistics support in military operations.
Military helicopter MRO market is anticipated to grow at a considerable CAGR of 4.1% during the forecast period. The growth of the market is attributed to factors such as the increased defense spending in new helicopters and the demand for MRO services for military helicopters. For instance, in January 2023, the US Army gives ordered to Lockheed Martin Co. worth $656 million of UH-60M Black Hawk combat helicopters. The UH-60M Black Hawk is a medium-lift, rotary-wing helicopter designed to perform a variety of missions, including troop transport, medical evacuation, and combat search and rescue.
Chartered air transportation market is anticipated to grow at a considerable CAGR of 7.8% during the forecast period. The factors that are driving the market include the growing use of air transportation for quick travel and business travel purposes. Additionally, companies are offering new and innovative services to increase travelers’ interest in charter travel. For instance, in March 2023, Airble Aviation Inc., which debuted its online marketplace for charter flights, aviation tours, and empty legs in 2022, announced that it is still adding new partners.
Business jet market is anticipated to grow at a considerable CAGR of 5.3% during the forecast period. Rising disposable income, increasing urbanization, an increase in high-net-worth individuals, an increase in air travelers, and other factors are driving global market growth. Business-class jets are mostly used for business travel and individual use by multimillionaire celebrities. They provide a more pleasant and comfortable journey and are more convenient and safe.
Autopilot systems market size was valued at $4.4 billion in 2022, and is projected to reach $6.3 billion by 2030, registering a CAGR of 5.4% during the forecast period (2023-2030). Autopilot (automated) system is an important part of the flight management system. This system is used to control the trajectory of an aircraft without constant control by a human operator. Autopilots do not replace human operators instead they assist in controlling the aircraft.
Directed energy weapons market is anticipated to grow at a significant CAGR of 9.5% during the forecast period. The rising geographical conflicts and increasing demand for advanced military devices in combat applications are propelling the demand for a globally directed energy weapons market. Additionally, the growing investments by several defense and military organizations in the modernization of existing infrastructures to enhance national security are also augmenting market growth.
Airport ground handling systems market is anticipated to grow at a CAGR of 12.3% during the forecast period. The rise in adoption of various strategies such as acquisition by several key market players such as ADELTE Group SL, Air T Inc, Havas, and others to stay competitive in the market, is the major factor driving the growth of the market. For instance, in February 2022, Havas, a Turkey-based ground handling company acquired MZLZ ground handling services, which operates at Zagreb Airport in Croatia.
Aviation connectors market is anticipated to grow at a CAGR of 5.2% during the forecast period. The growing demand for aviation connectors by aviation manufacturing companies is fuelling the aviation connectors market growth. To cater to the demand key players are launching connectors for the aviation industry. For instance, in April 2022, TE Connectivity Corp. expanded its 369 families of connectors by launching 369 series sealed panel mount connector.
Aircraft wire and cable market is anticipated to grow at a CAGR of 5.9% during the forecast period. The increasing demand for high-speed data transfer cables across the globe is the major factor driving the growth of the aircraft wire and cable market. To meet the rising demand for high-speed data transfer cables the major players serving the market are launching products.
Reusable launch vehicles market is anticipated to grow at a significant CAGR of 5.3% during the forecast period. One of the key factors that are fueling market growth includes the growing investments in space programs across the globe. Space exploration programs have been gaining rapid importance in the past few decades where prominent nations such as the US, China, India, and others are dominating the global reusable launch vehicle market by glorifying their space capabilities.
Aircraft lightning Protection market is anticipated to grow at a significant CAGR of 5.5% during the forecast period (2022-2028). One of the major factors contributing to the growth of the global aircraft lightning protection market is the increasing number of R&D activities to develop new polymers and innovative theories that would increase the market penetration in the upcoming forecast year. For instance, the growing use of composite body airframes has grown due to the developments in transit voltage suppressors provide large plastic area devices that are up to the RTCA DO-160E multi-strike lightning standard.
The global military robots market is anticipated to grow at a CAGR of 10.5% during the forecast period. Military robots are autonomous robots or remote-controlled mobile robots designed for several military applications such as transport to search & rescue and attack. The players are focusing on developing smaller and more capable military robots which are expected to create new growth opportunities for the market during the forecast period.
The global aerospace robotics market is anticipated to grow at a CAGR of 11.3% during the forecast period. Robotics manufacturers have increased the size of robots to assemble larger equipment and aircraft components, which has accelerated the demand and use of aerospace robotics. Several companies are deploying robots for the production of components effectively and efficiently. The growing need for robots for efficient aircraft production to increase productivity, and reduce employee workload.
The global aircraft fuel systems market is anticipated to grow at a CAGR of 6.8% during the forecast period. The rising number of daily flights is a major factor driving the growth of the market. The Federal Aviation Administration handles more than 45,000 flights and 2.9 million airline passengers across more than 29 million square miles of airspace every day in 2020. The rising disposable income and the increasing number of private aircraft for business or recreational activities are also driving the growth of the aircraft fuel systems market. However, the fluctuating prices of raw materials required for manufacturing aircraft fuel systems may hinder the growth of the market during the forecast period.
The global aerial imaging market is anticipated to grow at a considerable CAGR of 3.8% during the forecast period. Aerial imaging has benefitted many industries, such as construction, forestry and agriculture, real estate, and others. The construction sector, civil engineering have augmented the benefit of aerial imaging for contracted surveying, onsite inspection, and design planning applications. Moreover, climate change and scarcity of natural resources have led to a challenge for the agriculture sector, the use of aerial imagery in production agriculture has continued to grow and evolve over the last several years since its debut on the market.
The global market for naval vessels is projected to have a considerable CAGR of around 12.8% during the forecast period. Naval vessels are armed to the teeth, with a wide range of anti-surface, anti-submarine, and anti-aircraft firearms. Although frigates and corvettes are frequently referred to be support ships, they are capable of combating any military battle at sea. With a growing number of countries adopting strategies and tactics for strengthening their combat capabilities, naval vessels have witnessed massive growth during the forecast period.
The global market for mortar ammunition is projected to have a considerable CAGR of around 4.8% during the forecast period. The new advanced mortar systems include traditional arms and ammunition with a range of weapons that vary from vehicle-mounted 120mm to 60mm portable mortars and associated equipment namely, training devices, mortar ballistic computers, ammunition, and fire control system. Mortar ammunition is used to provide effective Fire Support (FS) to infantry or mechanized infantry at the platoon and company level. These ammunitions can be in the form of bombs, rockets, shots, shrapnel, bullets, and shells.
The global market for small satellites is projected to have a considerable CAGR of around 10.1% during the forecast period. The small satellite market is likely to grow as demand for high-resolution image services increases around the globe. Small satellites are equipped with high-resolution cameras that can record video at a rate of 25 frames per second. The video data and images from this satellite will be used to monitor agriculture, forestry, urban growth, and marine transport. The increased focus of commercial organizations on the deployment of advanced satellite services represents a growth potential for the small satellite market. S
The global combat system integration market is expected to grow at a significant CAGR of 34.0% during the forecast period. The combat system integration system includes different types of weapons and sensors. However, before getting the integration done correctly in the combat system a huge level of data analysis is done. The major factor driving the growth of the market is the rising demand for the upgradation of existing combat platforms, interconnected warfare systems, and the commissioning of new warships. For instance, in December 2021, BAE Systems contracted to upgrade the electronic warfare (EW) system of the Lockheed Martin F-35 Lightning II Joint Strike Fighter (JSF).
The drone market is anticipated to grow at a substantial CAGR during the forecast period. The market growth is driven by the increasing demand for drones to improve agriculture productivity in emerging economies and high product demand in military applications. Apart from these, the advancements in drones are further creating its huge scope in end-user verticals, which in turn, driving the market growth.
The global commercial aircraft MRO market is anticipated to grow at a significant CAGR of nearly 4.5% during the forecast period. The major factors that drive the market growth include increasing investments in aircraft MRO software, increasing economic growth, and speedy growth in urbanization in developing economies.
The global aircraft health monitoring systems market is anticipated to grow at a significant CAGR of nearly 5.5% during the forecast period. The major factor that drives the growth of the market include the implementation of aircraft health monitoring systems that assist in minimizing the overall maintenance, operational costs, detection &diagnosis, prognosis and mitigation of system failures.
The global commercial electronic flight bag market is anticipated to grow at a significant CAGR during the forecast period (2021-2027). The major factors attributed to the market growth include rise in aircraft deliveries, decline in the aircraft weight through electronic flight bag (EFB) incorporation, real-time data sharing through EFBs, and the use of EFBs for helicopters and electric vertical take-off and landing (eVTOL) vehicles.
The global commercial avionic system market is anticipated to grow at a significant CAGR during the forecast period (2021-2027). Electronic systems associated with flight are termed as 'avionics' that covers the internal sensors and control systems within an aircraft; from airborne communication and navigation systems to 'stealth' aircraft design and flight control systems.
The global power by the hour market is anticipated to grow at a significant CAGR of 6.0% during the forecast period. Power by the hour is a maintenance programme offered to aircraft operators by aircraft manufacturers, as well as aircraft engine and component suppliers.
The global aircraft recycling market is anticipated to grow at a significant CAGR of 7.9% during the forecast period. The key factor driving the aircraft recycling market is increased number of retired and worn-out aircrafts across the globe.
The aerospace insurance market is anticipated to grow at a significant CAGR over the forecast period (2021-2027). Aerospace Insurance is insurance that is provided for airlines, cargo, craft, and passengers traveling through airlines.
The global military rotorcraft market is expected to grow at a CAGR of 3.6% during the forecast period (2021-2027). Increasing defense budget for the procurement of advanced weapons owing to the rise in the conflicts between the borders of the countries such as India, Pakistan, and China, North Korea, and South Korea is acting as one of the most prominent factors contributing to the growth of the market.
The global space propulsion market is anticipated to grow at a significant CAGR during the forecast period (2021-2027). An increase in the number of space exploration missions, increasing demand for superior electric powered propulsion systems, and increasing demand for LEO-based totally services are the major factors that are driving the growth of the space propulsion market during the forecast period.
The global ship radar market is anticipated to grow at a significant CAGR during the forecast period (2021-2027). The major factor that is fuelling the global ship radar market includes the rise in the inclusion of advanced marine radar systems, to fulfil the surge in demand for weapon guidance application as well as navigation purposes at sea in the military and defense sector.
The global UAV propulsion systems market is anticipated to grow at a significant CAGR during the forecast period (2021-2027). UAV stands for the unmanned aerial vehicle that is widely used in the military and defense sector for monitoring and tracking applications.
The global sonar systems market is expected to grow at a significant CAGR during the forecast period (2021-2027). The COVID-19 pandemic resulted in a 4.1% drop in marine trade in 2020, according to the latest data from the United Nations Conference on Trade and Development (UNCTAD).
The global aircraft electrical systems market is expected to grow at a significant CAGR during the forecast period. The rising need for electrical systems in aircraft, combined with the expansion of the aviation sector, has fueled the market growth.
The global air traffic management market is projected to grow at a significant CAGR during the forecast period. Air traffic management refers to the systems that assist aircraft from takeoff to landing at a destination airport, including the transit phase.
The global satellite sensors market is estimated to grow at a significant CAGR during the forecast period. Depending on the objective, satellites are outfitted with one or more sensors or instruments, which often include geology, navigation topography, forestry, metrology, agriculture, oceanography, mapping glaciology, and a variety of other applications for a variety of industries.
The global Automatic Dependent Surveillance broadcast market is anticipated to grow at a significant CAGR during the forecast period. The major factor for the growth of the market is the increase in air traffic globally.
The US aircraft cabin interior market is projected to grow at a significant CAGR of 7.6% during the forecast period. The key factors that drive the US aircraft cabin interior market include the footprints of the key aircraft manufacturers that demands for the aircraft cabin interiors, thereby driving the growth of the market over the forecast period.
The UK aircraft cabin interior market is projected to grow at a significant CAGR of 7.3% during the forecast period. The key factors that drive the UK aircraft cabin interior market include the increased air traffic in the UK.
The North America aircraft cabin interior market is projected to grow at a significant CAGR of 7.7% during the forecast period. The key factors that drive the North America aircraft cabin interior market include the well-established aviation industry, especially in the US.
The Europe aircraft cabin interior market is projected to grow at a significant CAGR of 7.5% during the forecast period. The key factors that drive the Europe aircraft cabin interior market include the increased disposable income along with the availability of international traveling packages at modest prices are some aspects that fuels the aircraft cabin interior market growth in the region.
The China aircraft cabin interior market is projected to grow at a significant CAGR of 7.6% during the forecast period. The key factors that drive the China aircraft cabin interior market include the rising aviation industry in the country.
The Asia-Pacific aircraft cabin interior market is projected to grow at a significant CAGR of 7.8% during the forecast period. The Asia-Pacific aircraft cabin interior market has been analyzed into China, India, Japan and Rest of Asia-Pacific.
The global Aircraft Cabin Interior market is projected to grow at a significant CAGR of 7.8% during the forecast period. The key factors that drive the global Aircraft Cabin Interior market are the rising aviation industry, enhancing the passenger's experience, rise in aircraft deliveries, and providing secure and comfortable surroundings.
The global air traffic management market is projected to grow at a significant CAGR during the forecast period. Air traffic management includes those systems which support the aircraft from its departure from an airport to its landing at a destination airport, including the transit phase.
The global air data systems market is projected to grow significantly during the forecast period. Air data systems give the précised information associated with the parameters such as vertical speed, Mach number, pressure altitude, calibrated airspeed, true airspeed, static air temperature, and air density ratio, which are vital for the pilot to fly aircraft securely.
The global non-lethal weapons market is anticipated to grow at a steady CAGR during the forecast period. The non-lethal weapons are used to restrict any violence or protest without causing any serious harm to the crowd of protestors. Factors such as increasing civilian violence and various clashes with armed forces are driving the adoption of non-lethal weapons across the globe.
The helicopter market will witness a modest growth rate during the forecast period. Continuous procurements of the helicopter by the military are providing a modest growth and strength to the helicopter market.
The global CBRNe defense market is anticipated to grow at a significant CAGR during the forecast period. The CBRNe defense involves the training of the defense team to work against the potential CBRNe threats and attacks. The increasing purchasing of advanced CNRNe equipment will drive the CBRNe defense market significantly over the forecast period.
The global artillery system market is anticipated to grow at a steady CAGR during the forecast period. The adoption of the artillery system by the militaries is increasing constantly especially in the militaries of those countries that are involved in any territorial dispute with other countries.
The aircraft carrier ship market is expected to show a modest growth rate during the forecast period. An aircraft carrier ship is defined as a warship with a flight deck on which aircraft and helicopters can be launched and landed as per requirements.
The airport security systems market is anticipated to grow at a CAGR of 8.4% during the forecast period. Airport security includes various systems and technologies that are utilized to safeguard passengers, threats, violence, and staff. Airport security systems allow avoiding incidents such as skyjacking and bombings.
The global military drones
market is projected to grow at a significant CAGR of 10.9% during the forecast
period. The major factor that is contributing to the growth of the market includes
the growing application of unmanned aircraft vehicles (UAV) in various military
operations such as monitoring, surveying, mapping, and combat operations.
The military wearables market is growing significantly at a CAGR of 6.5% during the forecast period. The market growth is attributed to increasing demand for lightweight and small wearable equipment in the defense sector.
Aircraft landing gear market is anticipated to grow at a considerable CAGR of 5.7% during the forecast period (2024-2031). The landing gear market is fueled by technological advancements, air traffic growth, modernization programs, regulatory standards, economic factors, consolidation, efficiency, and environmental considerations. The integration of advanced materials, automation, and smart systems has enhanced the performance and durability of the aircraft landing gear.
The global air traffic control equipment market is growing at a CAGR of 5.2% during the forecast period. The increasing demand for effective air traffic control management systems would lead to the uplifting of the growth of the market.
The global flight management system market is growing at a considerable CAGR of 6.1% during the forecast period. Rising and improving standards associated with safety is one of the prime factors affecting and driving the market.