The global flight simulator market is projected to reach $18,216.9 million by 2034 from $8,732.4 million in 2023, growing at a CAGR of 6.85% during the forecast period 2024-2034.
The Europe automated non-destructive testing (NDT) services market, valued at $1,329.3 million in 2023, is expected to reach $3,703.3 million by 2034, exhibiting a robust CAGR of 10.09% during the forecast period 2024-2034.
In an optimistic forecast, the market, valued at $1.46 billion in 2024, is projected to grow at a CAGR of 9.08%, reaching $3.49 billion by 2034.
The global eVTOL cabin interior market was valued at $119.8 million in 2023 and is expected to reach $1,639.2 million by 2033, growing at a CAGR of 29.90% between 2023 and 2033.
The global high-altitude aeronautical platform station (HAAPS) market is estimated to reach $3,338.1 million by 2033 from $1,194.4 million in 2023, growing at a CAGR of 10.82% during the forecast period 2023-2033.
Need reports on an on-going basis? Do consider our annual subscription
The global tactical UAV market is estimated to reach $15.30 billion by 2033 from $5.58 billion in 2023, growing at a CAGR of 10.61% during the forecast period 2023-2033.
The Asia-Pacific sustainable aviation fuel market is estimated to reach $39.23 billion by 2033 from $0.38 billion in 2023, at a growth rate of 58.99% during the forecast period 2023-2033.
The global and Asia-Pacific advanced air mobility (AAM) market is estimated to reach $20.37 billion by 2035 from $2.31 billion in 2023, growing at a CAGR of 19.88% during the forecast period 2023-2035.
The global and Asia-Pacific unmanned aerial system (UAS) market is estimated to reach $72.42 billion by 2033 from $18.10 billion in 2023, growing at a CAGR of 14.87% during the forecast period 2023-2033.
The Europe non-destructive testing (NDT) services market is estimated to reach $9.28 billion by 2033 from $6.65 billion in 2023, at a growth rate of 3.39% during the forecast period 2023-2033.
The Europe UAV propulsion system market is estimated to reach 3.81 billion USD by 2033 from 2.92 billion USD in 2022, at a CAGR of 2.43% during the forecast period 2023-2033 in terms of value.
The Europe sustainable aviation fuel market was valued at $96.9 million in 2022 and is anticipated to reach $18,238.9 million by 2033, witnessing a CAGR of 58.03% during the forecast period 2023-2033.
The Asia-Pacific non-destructive testing services in aerospace and defense market is estimated to reach $363.4 million by 2033 from $256.4 million in 2022, at a CAGR of 3.44% during the forecast period 2023-2033.
The Europe UAV satellite communication (SATCOM) market is estimated to reach $4,091.8 million by 2033 from $3,554.0 million in 2022, at a growth rate of 1.36% during the forecast period 2023-2033.
The Asia Pacific UAV propulsion system market is estimated to reach 2157 million USD in 2033 from 1672 million USD in 2022.
The global ISR aircraft and drones market is estimated to reach $22.10 billion in 2033 from $12.11 billion in 2022, at a growth rate of 5.15% during the forecast period 2023-2033.
The global sustainable aviation fuel market is estimated to reach $131.12 billion in 2033 from $0.66 billion in 2022, at a growth rate of 58.78% during the forecast period 2023-2033.
The global UAM infrastructure market is estimated to reach $623.6 million by 2033 at a CAGR of 20.29% during the forecast period 2023-2033.
The global UAV satellite communication (SATCOM) market is estimated to reach $10,725.6 million in 2033 from $9,365.0 million in 2022, at a growth rate of 1.34% during the forecast period.
The global emissions from commercial aviation amounted to 865.72 MMT of CO2 in 2021, and it is expected to grow at a CAGR of 3.03% and reach 1,203.42 MMT of CO2 by 2032.
The global non-destructive testing services in aerospace and defense market is estimated to reach $1,817.2 million in 2033 from $1,294.9 million in 2022, at a CAGR of 3.34% during the forecast period 2023-2033.
The global UAV propulsion system market is estimated to reach $10.76 billion in 2033 from $8.36 billion in 2022, at a CAGR of 2.33% during the forecast period 2023-2033 in terms of value.
The global supersonic and hypersonic aircraft market was valued at $4,137.3 million in 2021, and it is expected to reach $5,400.4 million by 2032, growing at a CAGR of 2.73% during the forecast period 2022-2032.
The global remote drone identification system market was valued at $2.8 million in 2021, and it is expected to reach $4.0 million by 2032, growing at a CAGR of 3.5% during the forecast period 2022-2032.
The global electric VTOL (eVTOL) aircraft market is estimated to reach $700.5 million in 2032 from $27.5 million in 2023, at a growth rate of 38.2% during the forecast period 2023-2032.
The global Earth observation drones market was valued at $9,014.6 million in 2021, and it is estimated to reach $18,214.9 million by 2032 at a CAGR of 6.88% during the forecast period 2022-2032.
The global Electric & Hybrid-Electric Aircraft Propulsion System market is estimated to reach $74.90 billion in 2035, at a compound annual growth rate (CAGR) of 18.39% during the forecast period 2025-2035.
The global counter-UAS (anti-drone) market is estimated to reach $6.44 billion in 2031 from $1.57 billion in 2021, at a growth rate of 15.18% during the forecast period 2021-2031.
The U.S. urban air mobility market is estimated to reach $18,813.0 million in 2035, at a compound annual growth rate (CAGR) of 23.12% during the forecast period 2023-2035.
The global next-gen aircraft propulsion system market analysis by BIS Research projects the market to have significant growth of CAGR 18.11% during the forecast period 2025-2035.
The global target drone market analysis by BIS Research projects the market to have a significant growth of CAGR 8.77% based on the values during the forecast period 2021-2031.
The global tilt rotor aircraft market analysis by BIS Research projects the market to have significant growth of CAGR 13.47% during the forecast period 2021-2031.
The urban air mobility industry analysis by BIS Research projects the market to have a significant growth of CAGR 25.71% based on the values during the forecast period from 2023 to 2035.
The global drone delivery market to grow at a significant CAGR of 14.50% on the basis of value during the forecast period from 2023 to 2030.
The UAS traffic management (UTM) system market to grow at a significant CAGR of 17.13% on the basis of value during the forecast period from 2021 to 2031.
The next-generation avionics industry analysis by BIS Research projects the market to grow at a significant CAGR of 6.53% on the basis of value during the forecast period from 2020 to 2025.
The global UAV market to grow at a significant CAGR of 13.27% based on value during the forecast period from 2020 to 2025.
The Global Digital ATC Towers Market report by BIS Research projects the market to grow at a CAGR of 28.73% on the basis of value during the forecast period 2020-2025.
The global cellular-connected drone market is expected to generate $592.1 million in 2023 and is estimated to grow at a CAGR of 13.58%, during 2023-2030.
The global more electric aircraft market was valued at $10.76 billion in 2020 and is expected to reach $21.50 billion by 2025, growing at a CAGR of 14.84% during the forecast period 2020-2025.
The drone delivery service market analysis by BIS Research projects that the market is expected to grow at a significant CAGR of 14.5% on the basis of value during the forecast period from 2023 to 2030.
The military unmanned aircraft systems market is anticipated to grow at a robust CAGR of 24.96% on the basis of capacity during the forecast period from 2019 to 2024.
The aerospace aftermarket industry analysis by BIS Research projects the market to grow at a significant CAGR of 3.87% on the basis of value during the forecast period from 2020 to 2030.
The global eVTOL aircraft market to grow at a significant CAGR of 13.75% during the forecast period from 2025 to 2035.
The autonomous drone wireless charging and infrastructure industry analysis by BIS Research projects the market to grow at a significant CAGR of 34.78% on the basis of revenue during the forecast period from 2019 to 2024.
The UAV propulsion industry analysis by BIS Research projects the market to grow at a moderate CAGR of 8.73% on the basis of value during the forecast period from 2019 to 2024.
The autonomous BVLOS drone market to grow at a significant CAGR of 25.91% on the basis of volume during the forecast period from 2019 to 2029.
The global counter-UAS market to grow at a significant CAGR of 16.83% on the basis of value during the forecast period from 2019 to 2024.
The HAAPS industry analysis by BIS Research projects the market to grow at a significant CAGR of 11.80% during the forecast period from 2019 to 2029.
The global remote drone identification industry growth based on the analysis conducted by BIS Research highlights that the market is expected to reach $1.25 Billion by 2029.
According to BIS Research analysis, the global UAV market generated $25.59 billion in 2018 and is estimated to grow at a CAGR of 8.45% during the forecast period, 2019-2029.
The global urban air mobility market is expected to generate $5.32 billion in 2023 and is estimated to grow at a CAGR of 26.2% during 2023-2035.
The global UAS traffic management systems market has the potential to generate over $2.83 billion of revenue by 2030.
The global swarm intelligence market generated $10.5 million in 2017 and is estimated to grow at a CAGR of 37.49% during 2018-2028.
The global drone data services and analytics market generated $3,054.9 million in 2017, and the market is estimated to grow at a CAGR of 53.9% during 2018-2023.
The HAAPS market generated a revenue of $3,756.8 million in 2017, with military end-user holding the highest share.
According to BIS Research analysis, the global fixed-wing VTOL aircraft market generated $2,009.6 million in 2017 and is estimated to grow at a CAGR of 21.7% during 2018-2028.
The global UAV sense and avoid systems market has witnessed a moderate growth rate and was valued $508.7 million in 2016 and is expected to show a growth rate of 38.90%, between 2016 and 2022
The airborne LiDAR system market reported a revenue of $732.4 million in 2016, and the UAV platform is expected to generate the highest revenue by 2021.
The global drone camera market was valued at $5.44 billion in 2016, and is expected to reach $19.25billion by 2021, growing at a CAGR of 28.7% between 2016 and 2021.
The UAV market accounted for a market value of $8.02 billion in 2016 with small UAVs holding the highest share.
The UAS Traffic Management (UTM) system is an upcoming phenomenon that is envisioned for managing drones (mainly small drones) traffic in the lower level of airspace.
The demand for UAV propulsion systems is rapidly gaining pace in the aerospace and defense industry owing to the flourishing level of future demand for unmanned aerial vehicles. The rising demand from defense and commercial applications are the major factors responsible for enhancing the growth of UAV propulsion system market, globally.
The global fixed-wing VTOL aircraft market reported a revenue of $1,982.5 million in 2016. Commercial segment is expected to account for the highest revenue by the forecast year, 2026. Military segment is likely to grow at the highest rate owing to its increasing usage in the Inspection, Surveillance and Reconnaissance (ISR) applications.
The global nano drones market reported a revenue of $ 284.45 million in 2016. Military/law enforcement segment is expected to account for the highest revenue by forecast year of 2023. Consumer segment is likely to grow at a highest rate owing to its increasing use in the aerial photography and recreational activities.
The global multi-rotor drone market reported a revenue of $1,254.82 million in 2016 with aerial shooting segment accommodating for the highest revenue by 2022. Survey and mapping segment is likely to grow at a highest rate owing to its increasing use in the construction, Geographic Information System (GIS) and others.
The main landing gear will encompass for the largest market revenue share in 2016 and is expected to grow at a faster rate during the forecast period. With the evolution in new technologies, advanced materials have been procured so as to reduce the fuel consumption using lightweight components.
In terms of revenue generation, the UAV sense and avoid systems market is dominated by North America, with a CAGR of 10.48% in the forecast period and with Europe being the second most revenue generating region.
According to BIS Research Analysis, the anti-drone market is estimated to be at $209.77 million in 2016. The high growth of anti-drone market in aerospace and defense industry is majorly attributed to increasing security breach by unidentified drones.
An increase in the demand for unmanned aerial vehicles is a major factor attributing to the overall growth of UAV propulsion market since over a decade. It is estimated that the propulsion systems market was $2702.25 million in 2015.
UAVs are an important part of a country’s military nowadays, owing to their proliferated usage in combat and surveillance applications. Governments across the globe are procuring this technology in order to further strengthen their military powers.
The global Unmanned Aerial Vehicle (UAV) market has witnessed a meteoric growth over the past decade. Military UAVs are considered a key component and an integral part of a country’s defense system. The commercial UAVs have witnessed a huge transformation after the exemptions from Federal Aviation Administration (FAA) regulations. Major companies in the UAV market are targeting customers by int
The goal of UAS Traffic Management System Market is to manage UAV operations, encompassing both tiny drones and big unmanned aircrafts by offering several services.
The green propulsion market encompasses a wide range of technologies and systems designed to provide propulsion for various modes of transportation while minimizing environmental impact.
The Middle East and Africa Aircraft Ignition System Market is experiencing significant growth, which has led to a rise in the need for reliable and advanced aircraft.
The market for airborne laser terminals is propelled by multiple factors, including as the growing requirement for secure communication for military applications, the expanding usage of UAVs, and the increasing demand for high-bandwidth communication systems.
The UAS traffic management (UTM) system market to grow at a significant CAGR of 17.13% on the basis of value during the forecast period from 2021 to 2031.
The drone delivery service market analysis by BIS Research projects that the market is expected to grow at a significant CAGR of 14.5% on the basis of value during the forecast period from 2023 to 2030.
The global eVTOL aircraft market to grow at a significant CAGR of 13.75% during the forecast period from 2025 to 2035.
The UAV propulsion industry analysis by BIS Research projects the market to grow at a moderate CAGR of 8.73% on the basis of value during the forecast period from 2019 to 2024.
The global counter-UAS market to grow at a significant CAGR of 16.83% on the basis of value during the forecast period from 2019 to 2024.
The HAAPS industry analysis by BIS Research projects the market to grow at a significant CAGR of 11.80% during the forecast period from 2019 to 2029.
The global remote drone identification industry growth based on the analysis conducted by BIS Research highlights that the market is expected to reach $1.25 Billion by 2029.
The global urban air mobility market is expected to generate $5.32 billion in 2023 and is estimated to grow at a CAGR of 26.2% during 2023-2035.
The global UAS traffic management systems market has the potential to generate over $2.83 billion of revenue by 2030.
The HAAPS market generated a revenue of $3,756.8 million in 2017, with military end-user holding the highest share.
The global remote drone identification industry growth based on the analysis conducted by BIS Research highlights that the market is expected to reach $1.25 Billion by 2029.
The HAAPS industry analysis by BIS Research projects the market to grow at a significant CAGR of 11.80% during the forecast period from 2019 to 2029.
The global counter-UAS market to grow at a significant CAGR of 16.83% on the basis of value during the forecast period from 2019 to 2024.
The UAV propulsion industry analysis by BIS Research projects the market to grow at a moderate CAGR of 8.73% on the basis of value during the forecast period from 2019 to 2024.
The global eVTOL aircraft market to grow at a significant CAGR of 13.75% during the forecast period from 2025 to 2035.
The drone delivery service market analysis by BIS Research projects that the market is expected to grow at a significant CAGR of 14.5% on the basis of value during the forecast period from 2023 to 2030.
The UAS traffic management (UTM) system market to grow at a significant CAGR of 17.13% on the basis of value during the forecast period from 2021 to 2031.
I would like to extend our appreciation for your support in finalizing the report according to our precise needs and prerequisites. I am also impressed by the timely completion of all aspects of dealing with us as your esteemed client. I look forward to continue our professional relations in the future.
Manager-Strategy & Business DevelopmentICL Industrial Products
“I found the content quite interesting and insightful. It has provided us with some important information”
Strategic Insights COE ManagerJapan Tobacco International
I appreciate the extra effort that team BIS took to cater to our specific requirements, moreover, their response time and adaptability is at par with my expectation.
CEO & ChairmanTEKNA Plasma Systems
“BIS research has been a great support to our strategic investigation in the field of thermoplastic composite. BIS did manage to bring together a clear picture on a global level, supported by examples and references and they delivered an accurate evaluation of the current market size and potential in the coming years in line with our expectations. I warmly recommend them.”
VPFuture Business and Innovation