Aerospace And Defence
Commercial aviation has witnessed many twists and turns in the recent times, yet the recovery has followed swiftly and the sector has been reliably returned to its long-term development rate of almost 5%each year. Inspire of uncertainties, the passenger traffic in 2011 increased to almost 6%. It can be anticipated that this trend will sustain in the years to come for the coming 2 decades, with world passenger traffic increasing by almost 5% each year.
Electric Glider Market is expected to reach USD 10,916 Million by 2030 at a CAGR of 24.5%
The Global Space Power Electronics Market estimated to reach US$ 770Mn by 2030, with a significant CAGR of 16.4%
The Global Air Defense System Market is expected to reach US$ 55,405 Mn by 2030 with a considerable CAGR of 5.1% during the forecast period of 2022 to 2030.
Artificial Intelligence in Aviation Market Size accounted for USD 649.2 Million in 2022 and is estimated to achieve a market size of USD 21,877.3 Million by 2032 growing at a CAGR of 42.7% from 2023 to 2032.
The global aircraft recycling market is expected to grow at a CAGR of around 9.0% and expected to reach the market value of around US$ 7.5 Bn by 2028.
Air Traffic Control Market Size accounted for USD 9,967 Million in 2021 and is estimated to achieve a market size of USD 15,110 Million by 2030 growing at a CAGR of 4.9% from 2022 to 2030.
The global aircraft seating market is anticipated to grow at a CAGR of around 5.1% during the forecast period 2021 to 2028 and to reach around US$ 10.4 Bn by 2028.
Aerospace and Defense C-Class Parts Market Size accounted for USD 16.9 Billion in 2021 and is projected to achieve a market size of USD 25.6 Billion by 2030 rising at a CAGR of 4.8% from 2022 to 2030.
The global aircraft door market is anticipated to grow at a CAGR of around 6.0% during the forecast period 2021 to 2028 and to reach around US$ 7.6 Bn by 2028.
5G in Defense Market Size accounted for USD 788 Million in 2021 and is projected to achieve a market size of USD 46,656 Million by 2030 rising at a CAGR of 57.7% from 2022 to 2030.
The global air ambulance services market is expected to grow at a CAGR of around 9.5% and expected to reach the market value of around US$ 9,275.5 Mn by 2027.
The military sensors cybersecurity solutions are advanced components/devices that are used for monitor data traffic, identifies and detects threats, analyses stealthy characteristic signs of malware, etc., and alert the system in case of any attack.
Military Robots Market Size accounted for USD 17.1 Billion in 2021 and is estimated to garner a market size of USD 32.7 Billion by 2030 rising at a CAGR of 7.5% from 2022 to 2030.
The global aerospace insulation market size expected to reach around US$ 10,000 Mn by 2027 and is anticipated to grow at a CAGR of around 6% in the forecast period 2020 to 2027
The global aerospace materials market is expected to attain valuation of around US$ 7 Bn by 2027, growing at a CAGR of 6.7% over forecast period 2020 to 2027.
Armored Vehicle Market Size accounted for USD 29.4 Billion in 2022 and is projected to achieve a market size of USD 39.2 Billion by 2032 growing at a CAGR of 3% from 2023 to 2032.
The global unmanned ground vehicles (UGV) market size is projected to reach around US$ 9,300 Mn by 2027, growing at a CAGR of 15% over forecast period 2020 to 2027.
The global aircraft engines market is expected to grow at a CAGR of 5.7% over forecast period 2020 to 2027 and to reach value around US$ 109,327.9 Mn by 2027.
Unmanned Aerial Vehicle (UAV) Market size is expected to surpass around US$ 48,886.4 Mn by 2026, growing at a CAGR of 15.8% from forecast period 2019 to 2026.
Narrow-body Aircraft Market size is expected to reach around US$ 180 Billion by 2026 and growing at a CAGR of 3.6% from forecast period 2019 to 2026.
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