Category: Aerospace and Defence

Refueling Aircraft Market was valued at USD 13.2 billion in 2023 and is anticipated to register a CAGR of over 2% between 2024 and 2032

Post author By Brad Mak
Post date March 4, 2025

Refueling Aircraft Market Size

Refueling Aircraft Market accounted for USD 13.2 billion in 2023 and is expected to register a CAGR of more than 2% during 2024-2032. Growth in the market is being spurred by growing government investments in the acquisition of refueling aircraft.

The increased financial aid reflects a strategic emphasis on strengthening military capabilities, especially air-to-air refueling. For example, in August 2023, Brazil made plans to spend USD 10.6 billion on military research, development, and equipment acquisition programs. This will cover a range of things such as the Gripen fighter fleet and funding projects by Embraer, a domestic aircraft company, with a specific aim at aerial refueling aircraft.

The need for longer operational ranges, fueled by the pivotal importance of air-to-air refueling to strategic military operations, is promoting the refueling aircraft sector. In the wake of the need for global presence and quick reaction forces, nations look for aircraft to perform in-flight refueling, enabling fighter, bomber, and surveillance aircraft to stay airborne for longer distances without coming back to the home base. This ability increases the effectiveness and agility of military forces in responding to changing geopolitical issues and varied operational situations.

Report Attribute Details
Base Year 2023
Refueling Aircraft Market Size in 2023 USD 13.2 Billion
Forecast Period 2024 to 2032
Forecast Period 2024 to 2032 CAGR 2%
2032 Value Projection USD 16.9 Billion
Historical Data for 2018 to 2023
No. of Pages 260
Tables, Charts & Figures 300
Segments covered Aircraft, Component, Medium
Growth Drivers ”
Rising demand for increased operational ranges
Growing geopolitical tensions and security issues
Continuing advancements in aerospace technologies
Growing defense budgets
Pitfalls & Challenges
Defense budget uncertainties and volatility driven by global economic uncertainties
High maintenance expense

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐅𝐫𝐞𝐞 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐃𝐅 (Enter Corporate Email ID’ for a Free Sample Report): https://www.marketinsightsresearch.com/request/download/6/111/Refueling-Aircraft-Market

Global economic uncertainties are a challenge to the refueling aircraft market because defense budgets are prone to volatility. Economic recessions, financial crises, or downturns can lead governments to review spending priorities, which can result in cuts in defense spending. This volatility can hamper long-term planning for military modernization programs, impacting investments in refueling aircraft. Adjusting to evolving economic conditions and promoting the strategic value of air-to-air refueling capabilities become essential in reducing the effects of global economic uncertainty on the refueling aircraft market.

Refueling Aircraft Market Trends
Partnership collaborations aimed at scaling Cryo-compressed Hydrogen (CcH2) storage and refueling infrastructure are driving profitable growth in the refueling aircraft market. In turning around the tech and logistics impediments of using CcH2, the collaborations increase in-flight refueling’s viability as well as efficacy. For example, in January 2024, ZeroAvia and Verne signed a Memorandum of Understanding (MoU) where they would determine jointly the prospects of using onboard aircraft fuel consisting of CcH2. The two firms also seek to evaluate CcH2 refueling techniques by identifying sources from which to undertake this process, such as Gaseous Hydrogen (GH2) or Liquid Hydrogen (LH2).

The international market is witnessing profitable expansion as a result of the growing emphasis on green aviation projects. As the world becomes more environmentally conscious, the demand for efficient fuel and green solutions is growing. This drives the innovation of refueling aircraft that are compatible with cleaner energy strategies, which lead to lower emissions and an environmentally friendly aerospace sector. Governments and aerospace industries are investing in fuel-efficient technologies that reduce the carbon footprint of in-flight refueling activities.

Refueling Aircraft Market Analysis
Discover more about the major segments influencing this market

Suppose you’re in the market for something that makes planes more fuel-efficient. You have several choices such as large trucks that fuel up the planes (aviation refueller), pumps that pump fuel out (dispenser), and special pods that get fitted onto the planes (refueling pods). Another way to refuel planes in mid-air is through a probe and drogue system. The refueling pods are becoming very trendy now, comprising close to 31% of the market. They’re going to get even larger because governments are purchasing a lot of aircraft that can utilize these pods. These new pods facilitate refueling a lot quicker and more efficiently. For instance, the KC-46 refueling aircraft can fuel three aircraft at a time, in a matter of minutes! Governments adore these aircraft because they’re so much more efficient and safer. Therefore, as more nations purchase these aircraft with the specific refueling pods, the demand for these pods is going to continue expanding.

Discover more about the pivotal segments defining this market

On the basis of aircraft, the market is segmented into commercial, military, and helicopter. The military segment accounted for approximately 43% market share in 2023 and is expected to experience strong growth during the forecast period. Military aircraft growth is fueled by their capability to increase mission performance. In-flight refueling greatly increases the operational range and loitering time of military aircraft such as fighter jets, bombers, and surveillance aircraft. The increased endurances allow military forces to engage in longer & more complicated missions, offering flexibility and adaptability against changing threats and strategic goals. Consequently, refueling aircraft are essential in maximizing the performance of contemporary military operations.

Europe led the world’s market for refueling aircraft with a significant share of more than 35% in 2023. The political significance of in-flight refueling capacity drives the Europe market. European nations acknowledge the vital role the aircraft have in extending ranges of operations, facilitating quick response to security threats. This strategic edge improves military responsiveness and flexibility. Consequently, these nations focus on acquiring advanced refueling aircraft to strengthen their air forces, with a strong defense posture and the capacity to respond effectively to changing security dynamics in the region & beyond.

Refueling Aircraft Market Share
Airbus is approximately 7% of the market share as it has increasingly become popular within the air-to-air refueling market based on its adaptability, features, and international acceptability by various air forces across the world. The market of refueling aircraft has a competitive market where reputable aerospace manufacturers jostle with each other in an attempt to supply superior-quality tanker aircraft embedded with advanced technologies in in-flight refueling. These firms compete for government contracts and partner on multinational defense initiatives, creating innovation and technological improvements in the sector.

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Refueling Aircraft Market Companies

Major players operating in the refueling aircraft industry are

Airbus
Antonov
Boeing
Cobham plc
Eaton
Embraer
L3Harris Technologies, Inc.
Lockheed Martin Corporation.
Northrop Grumman
Omega Aerial Refueling Services

Tags Refueling Aircraft Market

Military Robotics Autonomous Systems Market size is estimated to register a CAGR of over 10% between 2024 & 2032

Post author By Brad Mak
Post date March 4, 2025

Military Robotics Autonomous Systems Market Size

Military Robotics Autonomous Systems Market accounted for USD 9.8 billion in 2023 and is forecasted to attain a CAGR of more than 10% from 2024 & 2032, driven by developments in technology, specifically artificial intelligence (AI).

The incorporation of AI capabilities improves decision-making, mission performance, and autonomous system adaptability. With the ongoing development of AI, its use in military robotics supports the growth of the market, addressing the changing needs for innovative and intelligent solutions in defense and security operations.

Government participation in R&D activities and introduction of the latest autonomous vehicles with the most updated upgrades is supporting market growth. For example, in 2023, the US military introduced its plan for deploying thousands of AI-powered autonomous vehicles by 2026 in the ‘Replicator’ program. The strategic initiative aims to accelerate integrating small, intelligent, and low-cost military platforms into its services.

The autonomous system market for military robotics is witnessing strong growth driven by increased defense spending budgets and rising demand for unmanned systems. Rising allocations in defense expenditures enable the advancement and uptake of innovative autonomous technologies. The rising demand for unmanned systems, fueled by their efficiency and flexibility in various operational environments, contributed further to market growth. This convergence of financial assistance and operational requirement put the military robotics autonomous system market on a growth path.

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐅𝐫𝐞𝐞 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐃𝐅 (Enter Corporate Email ID’ for a Free Sample Report): https://www.marketinsightsresearch.com/request/download/6/110/Military-Robotics-Autonomous-Systems-Market

Military Robotics Autonomous Systems Market Report Attributes
Report Attribute Details
Base Year 2023
Military Robotics Autonomous Systems Market Size in 2023 USD 9.8 Billion
Forecast Period 2024 – 2032
Forecast Period 2024 – 2032 CAGR 10%
2032 Value Projection USD 24.7 Billion
Historical Data for 2018 – 2023
No. of Pages 220
Tables, Charts & Figures 250
Segments covered Product, Operation, Application
Growth Drivers
Fast technological developments in robotics, artificial intelligence (AI), and sensors
Employing autonomous systems in warfare minimizes the risk to human lives
Growing geopolitical tensions and security risks globally
Surveillance and reconnaissance operations are a strong suit for military robots, with real-time data and information delivered to the military forces
Pitfalls & Challenges
Using autonomous systems in warfare operations poses ethical questions
Creating and deploying sophisticated autonomous systems for warfare can be costly

Firms are introducing sophisticated UAVs and developing strategic alliances to remain competitive and increase operational efficiencies. For example, in 2021, autonomous system developer Milrem Robotics and MSI-Defence Systems Limited (MSI-DSL) introduced a very mobile, unmanned kinetic Counter-Unmanned Aerial Vehicle (C-UAV), demonstrating sophisticated capabilities in defense technology.

While the autonomous system industry for military robotics is witnessing strong growth, regulatory issues, ethical concerns, and cybersecurity issues face hindrances in growth. Navigating complex regulations, resolving ethical issues, and protecting against cyber attacks are critical to continued progress. Overcoming these issues with strategic solutions will promote compliance and instill trust and confidence, creating a favorable environment for the healthy and secure development of autonomous technologies in defense use.

Military Robotics Autonomous Systems Market Trends
The sector is on a roll, fueled by the twin drivers of making machines intelligent and creating systems that can accomplish more with less. All this thanks to an influx of new technology. We’re not merely referring to automobiles and vacuum cleaners. Think military equipment. The emphasis is on creating machines that can think for themselves, ranging from semi-intelligent to fully autonomous. And we require systems capable of adapting on the fly in order to cope with the dynamic needs of the battlefield. In order to remain abreast of this need, corporations have released a procession of new products. One such is the X-37B spaceplane, an unmanned jet flown seven times by the US military, most recently aboard a SpaceX Falcon Heavy rocket. This new launch demonstrated how this space vehicle can be utilized in alternate manners, fitting the military requirement for equipment which can perform something else and maintain pace with times that change.

Military Robotics Autonomous Systems Market Analysis
Discover more about the key segments driving this market

On the basis of product, the market is segmented as UAV, UGV, UUV and others. In 2023, the UAV segment held a market share of more than 36%. The UAV (Unmanned Aerial Vehicle) segment had incredible market share in 2023, thanks to its central role in contemporary warfare. These airborne platforms provide unmatched reconnaissance, surveillance, and tactical abilities. As governments globally make unmanned solutions their top priority, the demand for UAVs keeps growing. Their versatility in various operational environments and effectiveness in information gathering are factors that make them dominant, and the UAV segment is thus a pillar of the military autonomous systems market.

Depending on the operation, the market is divided into semi-autonomous and fully-autonomous. In 2023, the semi-autonomous segment held a market share of approximately 63% and is expected to grow considerably until 2032. The semi-autonomous segment captured significant market share in 2023 because of its balanced approach, providing a mix of human control and automated capabilities. This increases mission flexibility since human operators retain decision-making authority while reaping the rewards of sophisticated autonomous capabilities. The semi-autonomous systems maintain a key balance between human competence and technology potential, thus they are the choice for military purposes and account for their huge market share.

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North America led the world’s market for military robotics autonomous systems with a leading share of more than 31% in 2023. North America held a leading position within the military robotics autonomous system sector, fueled by strong technological infrastructure and strategic investments. Its defense ecosystem, characterized by government-industry cooperation, spurred innovation. Stringent R&D activities and integration of advanced technologies successfully placed North America at a dominant position. The need for sophisticated defense technologies and an aggressive strategy for autonomous system uptake played a key role in North America’s leadership in this fast-paced and changing sector.

Military Robotics Autonomous Systems Market Share
Lockheed Martin Corporation and Northrop Grumman possess a large market share of more than 28% in the military robotics autonomous systems market. The companies strategically enhanced their share by adopting innovative technologies and forming strategic partnerships. Through their association with advanced developments, these companies built autonomous systems that were empowered with advanced capabilities, thereby addressing the dynamic requirements of defense forces.

Partnering with defense contractors and government agencies, they effortlessly merged their solutions, strengthening their market positions and emphasizing their dedication to delivering cutting-edge autonomous solutions for defense use.

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Military Robotics Autonomous Systems Market Companies

Major players operating in the military robotics autonomous systems industry are

BAE Systems
Elbit Systems Ltd.
General Dynamics Corporation
iRobot Corporation
L3Harris Technologies
Lockheed Martin Corporation
Northrop Grumman
QinetiQ
Teledyne FLIR LLC
Thales Group

Tags Military Robotics Autonomous Systems Market

Aerospace and Defence News

Next Generation Military Power Supply Market size is estimated to register a CAGR of over 6% between 2023 and 2032

Post author By Brad Mak
Post date March 4, 2025

Next Generation Military Power Supply Market Size

Next Generation Military Power Supply Market was worth USD 12.1 billion in 2023 and is anticipated to grow at a CAGR of more than 6% from 2023 to 2032.

The market is expected to grow because of the growing defense expenditure across the globe. Increased global security needs encourage countries to invest in heavy budgets for sophisticated military technology. This expenditure stimulates investment in next-generation technologies such as robust & efficient power supply systems to boost the combat efficiency and technological edge of armed forces in various defense applications.

To obtain primary market trends

In the FY 2023 budget, the U.S. Department of Defense sought USD 773 billion to maintain and develop integrated deterrence capabilities. The funding focused on supporting servicemembers and their families, building alliances, and maintaining technological advantage of the U.S., with a focus on military readiness, strategic partnerships, and technological superiority in national defense.

The increasing developments in power supply solutions are propelling the next generation military power supply market growth. Rising global security issues and demands for more advanced military capabilities drive investments in innovative power technologies, driving innovations to address the changing needs of new defense applications and providing a strategic advantage in warfare. For example, in May 2022, SynQor Inc. introduced UPS-1250, a military-standard, high-voltage DC adjustable output Uninterruptible Power Supply (UPS). This is an isolated UPS that provides reliable power capabilities, supporting military uses. With variable output and high reliability, it meets stringent power requirements for continuous and safe operation in rugged military conditions.

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐅𝐫𝐞𝐞 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐃𝐅 (Enter Corporate Email ID’ for a Free Sample Report): https://www.marketinsightsresearch.com/request/download/6/109/Next-Generation-Military-Power-Supply-Market

Report Attribute Details
Base Year 2023
Next Generation Military Power Supply Market Size in 2023 USD 12.1 Billion
Forecast Period 2024 – 2032
Forecast Period 2024 – 2032 CAGR 6%
2032 Value Projection USD 20 Billion
Historical Data for 2018 – 2023
No. of Pages 250
Tables, Charts & Figures 290
Segments covered Component, Type, System, End User
Growth Drivers
Growing defense expenditures worldwide
Continuous advancement in power electronics and energy storage technology
Growing need for enhanced power supply solutions
Increasing demand for light-weight and portable systems
Pitfalls & Challenges
High cost of development
Implementation of new power supply technologies in current military platforms

Next Generation Military Power Supply Market Trends
The trends in military power supply systems in the near future are focused on continuous R&D in batteries and supercapacitors, driving advancements in energy storage technologies. This trend is designed to increase power density, efficiency, and overall system performance. The emphasis is on creating energy storage solutions that provide more power in a smaller, lighter package, responding to the specific requirements of contemporary military platforms for long-duration missions, portability, and greater energy resilience in various operational environments.

Miniaturization of military power systems is yet another market trend that is on the rise and entails focused efforts to develop power supply solutions that are small and light, conforming to the Size, Weight, and Power (SWaP) limitations of modern military platforms. The systems encompass unmanned systems and portable equipment, for which space and weight are major concerns. The objective is to increase the operational flexibility, mobility, and versatility of the military so they can deploy efficient power systems with ease that would integrate well into smaller, faster, and technology-driven military devices.

Next Generation Military Power Supply Market Analysis
Discover more about the major segments driving this market

On the basis of the component, the market is classified into hardware and software. In 2023, the hardware segment dominates over 67% of the world market and is expected to expand during the forecast period because of the continuous developments in power electronics, energy storage devices, and system components. The demand for strong, reliable, and technologically advanced hardware such as advanced batteries, power converters, and intelligent controllers is on the rise. For example, in November 2022, CAES launched a Smart Power Switch Controller (SPSC) intended for aerospace and defense. The RadHard solution features high-fidelity fault detection, isolation, and recovery in a small form factor.

Find more about the main segments defining this market

Depending on end user, the market is divided into aerial, naval, and land. In 2023, the land segment held a market share of approximately 44% and is likely to grow in the future with more land-based military activities. Since armies are modernizing and deploying modern equipment, there is a greater need for power supply systems that are efficient & durable. The transition of ground missions such as unmanned systems and electronic warfare makes strong power solutions imperative. This follows the overall modernization processes in ground forces, which have necessitated the development and introduction of new power source technologies into military use.

Next Generation Military Power Supply Market Share

Eaton Corporation PLC, Mitsubishi Electric Corporation and TDK-Lambda Corporation hold a majority share of over 20% in the market. These are dominating the next generation military power supply industry through innovative product development and strategic collaborations. Leading companies leverage their expertise in power electronics, energy storage, and system integration to deliver cutting-edge solutions. They invest significantly in R&D to address the evolving military requirements, ensuring their products meet stringent standards.

Strategic partnerships with defense organizations and collaborations with research institutions enhance the capabilities of these companies. With a global presence, the key players have a competitive edge, providing comprehensive and reliable power supply systems. Their leadership is characterized by a commitment to technological advancements, sustainability, and meeting the diverse needs of modern military applications.

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Next Generation Military Power Supply Market Companies

Major players operating in the next generation military power supply industry are

Abbott Technologies
Aegis Power Systems, Inc.
Eaton Corporation PLC
Mitsubishi Electric Corporation
Multisphere Power Solutions Pvt. Ltd.
Powerbox International AB
SynQor, Inc.
TDK-Lambda Corporation
Texas Instruments Incorporated
XP Power

Tags Next Generation Military Power Supply Market

Aerospace and Defence News

Airport Automation Market size is estimated to register a CAGR of over 5% between 2024 & 2032

Post author By Brad Mak
Post date March 4, 2025

Airport Automation Market Size

Airport Automation Market accounted for USD 6.3 billion in 2023 and is projected to grow at a CAGR of more than 5% during the forecast period of 2024 & 2032.

The growth in the market is fueled by the growing emphasis on enhancing operational efficiency and reducing costs. Airport automation enhances operational efficiency by automating different processes including check-in, baggage handling, security screening, and boarding

Referring to an example, Biju Patnaik International Airport (BPIA) in October 2023 commissioned a modern Air Traffic Management (ATM) Automation System at its newly opened Air Traffic Control Centre. The cutting-edge system is expected to improve flight operational efficiency while ensuring safety in the air space. Based on official reports, the ATM Automation System developed domestically provides controllers with conflict prediction and alert warning tools, enabling controllers to make better-informed decisions for safe and efficient air traffic control. Officials highlight that the innovation will increase the airport’s capacity handling abilities, improving flight safety by lessening controller workload.

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐅𝐫𝐞𝐞 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐃𝐅 (Enter Corporate Email ID’ for a Free Sample Report): https://www.marketinsightsresearch.com/request/download/6/108/Airport-Automation-Market

Increasing focus on passenger experience improvement will aid in defining the airport automation market outlook until 2032. Airports are making more and more investments in automation to create a better passenger experience. Airport kiosk system for self-service check-in, automated baggage drop systems, and biometric security screening are part of a streamlined and convenient experience for passengers.

In this context, in November 2023, IDEMIA’s ALIX launched artificial intelligence to simplify the process of recovering lost luggage. By leveraging cutting-edge biometric identification technologies, IDEMIA equips airport operators with the capability to match luggage with its owner effectively. With AI, imaging, and biometric know-how combined, IDEMIA provides an end-to-end solution that seamlessly integrates into airlines’ or airports’ baggage handling systems. Evolved in partnership with Air France, ALIX (Augmented Luggage Identification eXperience) is an application-proven solution aimed at maximizing luggage identification through the benefits of AI technology.

Besides, the airport automation market is experiencing a revolutionary era driven by airline technology integration and growth of the airport information system market. This integration is transforming airport operations, promoting seamless interaction between airlines and airport systems, and maximizing processes like check-in, baggage handling, and security screening.

Airport Automation Market Trends
Robotic Process Automation with the application of software robots to automate repetitive and rule-based processes will become a leading trend in the airport automation sector. RPA can be used across multiple functions in the airport sector, such as baggage handling, passenger services, and back-office operations. Automation through RPA can result in higher operational efficiency, cost savings, and better accuracy. As airports seek to optimize processes and reduce human intervention in routine tasks, the adoption of RPA is anticipated to rise.

Hey there! Remember back in February 2024 when IAG invited us to their HQ at Heathrow? It was such a packed day, with their top people sharing all the cool things they’re working on. IAG is all about, like, partnering with airports to experiment with all these fantastic new tech toys. We’re not just talking robots and artificial intelligence, fingerprint scanners and bespoke experiences. And they’re all about giving startups a helping hand to get their ideas airborne. Their tests are like an innovation playground, running everywhere throughout the airport—from the tarmac to the VIP lounges. They’re saying, “Let’s improve flying, one nifty gadget at a time

Airport Automation Market Analysis
Find out more about the dominant segments defining this market

Let’s dissect the market according to what various systems do. There’s data storage, such as having all your airport information protected. And then there’s automation and control, which pretty much runs the whole operation and ensures everything runs smoothly.”. We also have data communication and acquisition, which is the airport’s phone lines, and software and solutions, which is the thinking behind all the technology. In 2023, the automation and control segment was a biggie, pulling in more than $2 billion. And listenairport automation and control systems will be in demand because airports are desperate to operate more efficiently, be safer, and make travelers happier. Airports everywhere are employing automation to simplify things, such as checking in, baggage handling, and security screening. That translates to less waiting and more flights departing on schedule. And with improved control systems, airports can ensure they’re complying with all the aviation regulations, which keeps everyone safe and secure. And to top it off, the pressure to innovate and go green is encouraging airports to invest in cutting-edge automation solutions. So, the future of airports is all about getting smarter, more efficient, and more eco-friendly.

Learn more about the key segments shaping this market

Picture an airport. It’s like a bustling city, with different zones for different tasks. There’s the landside, where passengers check in and pass through security, the airside where planes take off and land, and the terminal-side where all the action happens. In 2023, the landside was the busiest of them all, with a record 43% of the airport market. And it is forecast to continue to expand in the future. And that’s because technology is revolutionizing the landside experience. Automated systems such as self-check-in kiosks and intelligent baggage handlers are making life easy for passengers. No more tedious queues or messing about with bags. These systems accelerate the process, minimizing the disorder and ensuring flights depart on schedule. They’re not solely convenience, however. Automation also improves safety through sophisticated screening and surveillance systems. Safety and security of passengers take top priority. So, as airports compete to provide the optimum passenger experience and comply with rigorous regulations, automation is becoming invaluable in airport landside operations across the globe.

Airport Automation Market Share
Collins Aerospace and ABB Ltd. account for a commanding market share of more than 7% of the airport automation market. Such major players of the market adopt numerous key strategies to strengthen their hold. Stress on technological development is central, with organizations putting money into future-proof solutions like biometrics, artificial intelligence, and robotics in order to become more efficient and provide better experiences to passengers.

Strategic partnerships and collaborations with airport operators, airlines, and technology companies allow market participants to increase their reach and provide end-to-end solutions. Mergers and acquisitions are typical tactics, allowing for the combination of complementary technologies and the growth of service portfolios. Furthermore, an emphasis on sustainability and adherence to strict aviation regulations allows companies to establish trust and credibility in the marketplace, enhancing their competitive advantage and supporting long-term development.

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Airport Automation Market Companies

Major players operating in the airport automation industry are

ABB
Amadeus IT Group
Collins Aerospace
Daifuku Co. Ltd.
Honeywell
IBM Corporation
L3Harris Technologies
Leidos Holdings, Inc.
Siemens
Thales Group

Tags Airport Automation Market

Aerospace and Defence News

Military Transmit and Receive Module Market size is estimated to register a CAGR of over 5.5% between 2024 & 2032

Post author By Brad Mak
Post date March 4, 2025

Military Transmit and Receive Module Market Size

Military Transmit and Receive Module Market Size of Military Transmit and Receive Module Market stood at USD 5.9 billion in 2023 and is anticipated to showcase a CAGR of more than 5.5% over the forecast years 2024 & 2032.

The growth of the market is likely to experience rapid growth due to ongoing improvements in the radar and radio frequency domains. Sustained progress in these essential domains supports the expansion of the market, with increased demand for advanced communication solutions fuelling development. The progression of radar and radio frequency technologies emphasizes their critical positions, with an increased role of transmit and receive modules in fulfilling the evolving communication requirements of contemporary military missions
For example, in November 2023, Tekever and CRFS, which have expertise in unmanned systems technology and ultra-sensitive RF receivers, completed the first phase of their integration partnership. Their combined effort saw the first deployment of a sub-tactical unmanned aerial system with advanced RF sensors. The combined effort strengthens the military transmit and receive module market by enhancing capabilities in unmanned systems technology and spectrum monitoring.

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐅𝐫𝐞𝐞 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐃𝐅 (Enter Corporate Email ID’ for a Free Sample Report): https://www.marketinsightsresearch.com/request/download/6/107/Military-Transmit-and-Receive-Module-Market

The growing need for trusted and dependable communication solutions is a driving force behind the growth of the military transmit and receive module market. With the increasingly complicated nature of contemporary military operations, emphasis on advanced technology for guaranteeing the confidentiality and reliability of communication networks has grown. The growing need for solid solutions places transmit and receive modules at the center of core components, pushing them into implementation and fuelling the market’s continued growth.
Military Transmit and Receive Module Market Trends
The military transmit and receive module market is driven by the continued trend of integrating sophisticated technologies. This encompasses the convergence of innovative technologies such as artificial intelligence, resulting in increased communication capacity. The integration allows for smooth data transmission and leads to enhanced efficiency and performance in military operations. With the defense industry increasingly embracing these integrated technologies, the market continues to advance, highlighting the pivotal role of technology integration in determining its path.

For example, in August 2023, SPX CommTech unveiled the newest version of its 953 Communications Intelligence (COMINT) Radio Frequency (RF) Receiver. The next-generation receiver outperforms others in detecting, direction-finding, and locating enemy RF signals, enhancing support for COMINT and Counter-Unmanned Aerial System (Counter-UAS) tactical missions.

Military Transmit and Receive Module Market Analysis
Discover more about the most influential segments defining this market

On the basis of communication medium, the market can be classified as optical, radio frequency and hybrid. During 2023, the market share of the radio frequency segment stood at about 70%. The radio frequency (RF) segment captured a large market share during 2023, attributed to its significant use in transmit and receive modules within the military industry. Increased need for safe and effective communication systems has encouraged broad usage of RF technologies. Its capability to offer dependable and high-performance wireless communications solutions has made the RF segment a primary driver, coming in line with the changing demands of contemporary defense applications.

Discover more about the primary segments influencing this market

The market is divided into radar, communication, electronic warfare, surveillance, and others based on application. The radar segment had a market share of approximately 45% in 2023. The radar segment recorded impressive gains in 2023, propelled by the central role radar technology plays in defense operations, providing unmatched situational awareness. The growing demand for advanced radar systems with advanced capabilities has powered the growth of the segment. This technological superiority, combined with its mission-critical applications in defense, made the radar segment a key driver in determining the military transmit and receive module industry outlook.

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North America led the global market for military transmit and receive modules with a significant 35% share in 2023. North America held the highest industry share in 2023, driven by technology growth and continuous innovations. The region’s focus on research and development, coupled with a strong industrial base, contributed to its influential presence. Strategic alliances, a highly skilled workforce, and emphasis on defense capabilities further enhanced the region’s leading position, establishing it as a key contributor to the military transmit and receive module market.

Military Transmit and Receive Module Market Share
Northrup Grumman and RTX Corporation share a major market share of more than 15% in the market. The company uses its robust capabilities in multiple defense sectors, such as aerospace, electronics, and information systems, to provide integrated solutions that include transmit and receive modules. Also, spends significantly on R&D to create next-generation transmit and receive module technologies, such as advanced signal processing, miniaturization, and higher bandwidth, to address changing military needs.

RTX Corporation draws upon its broad portfolio of defense solutions and technologies to provide comprehensive receive and transmit module solutions with application specificity tailored to a given military requirement and customer.

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Military Transmit and Receive Module Market Companies

Major players operating in the military transmit and receive module industry are

CAES System LLC
Curtiss-Wright Corporation
Israel Aerospace Industries
Kyocera Corporation
L3Harris Corporation Inc.
Leonardo S.P.A
Lockheed Martin Corporation
Northrup Grumman
RTX Corporation
Thales Group

Tags Military Transmit and Receive Module Market

Aerospace and Defence News

Anti-Submarine Rocket Launch System (ASRLS) Market size is estimated to register a CAGR of over 10% between 2024 and 2032

Post author By Brad Mak
Post date March 4, 2025

Anti-Submarine Rocket Launch System Market Size

Anti-Submarine Rocket Launch System (ASRLS) Market size was valued at USD 5.9 billion in 2023 and is estimated to show a CAGR of over 10% between 2024 and 2032.

The market will grow with an increased demand from naval fleet modernization. ASRLS enjoys many advantages compared to conventional Anti-Submarine Warfare (ASW) systems such as expanded range, reduced reaction time, and improved accuracy. This makes it a compelling choice for navies seeking to enhance their ASW capabilities and meet changing threats.

Modernization is not only in the new building of ships but also in fitting existing ships with present technologies. Most existing ships have insufficient ASW capability, making them vulnerable to submarine attacks. ASRLS offers a modular and relatively easy solution for existing boat upgrading, enhancing their ASW capability without drastic changes.

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐅𝐫𝐞𝐞 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐃𝐅 (Enter Corporate Email ID’ for a Free Sample Report): https://www.marketinsightsresearch.com/request/download/6/105/Anti-Submarine-Rocket-Launch-System-ASRLS–Market

Anti-Submarine Rocket Launch System Market Report Attributes
Report Attribute Details
Base Year 2023
Anti-Submarine Rocket Launch System Market Size in 2023\tUSD 5.9 Billion
Forecast Period\t2024 to 2032
Forecast Period 2024 to 2032 CAGR\t10%
2032 Value Projection\tUSD 14.3 Billion
Historical Data for\t2018 – 2023
No. of Pages\t230
Tables, Charts & Figures\t325
Segments covered\tProduct, Range, Platform, Guidance System
Growth Drivers\t
Increasing attention of governments toward naval fleet modernization
Escalating geopolitical tensions
Rising maritime security concerns
Accelerating technological developments
Pitfalls & Challenges\t
High cost of development and acquisition
Strict export control regulations

For example, Lockheed Martin Corporation in September 2023 handed over the first production of its Mk 57 Mod 7 Vertical Launching System (VLS) with the Anti-Submarine Rocket (ASROC) to the U.S. Navy. This represents a key milestone in upgrading the Navy’s fleet with upgraded ASW technology. Further, the new launch system also provides more capacity and flexibility for launching varied payloads, which also include anti-submarine rocket launch systems.

Increased geopolitical tensions and proliferation of submarines in various nations are key drivers of the growth of the anti-submarine rocket launch system market. Increased tensions create concerns for future underwater conflicts, compelling nations to prioritize Anti-Submarine Warfare (ASW) weaponry. Submarines are quiet, mobile, and armed with weapons, rendering them a big threat to marine interests, infrastructure & military properties. ASRLS is an instant-reaction, long-distance countermeasure to submarines, and it is viewed as essential for preventing and responding to potential disputes.

Anti-Submarine Rocket Launch System Market Trends
The market for the anti-submarine rocket launch system (ASRLS) is experiencing dramatic technological leaps. Developments in rocket motor technology, advances in inertial navigation, GPS & acoustic/magnetic homing systems, and the creation of sophisticated warheads with increased lethality & effectiveness are some indicators of technological progression in the market. In addition to this, the integration of AI algorithms into targeting & guiding systems provides autonomous threat detection, threat assessment, and decision-making, enhancing the performance of the overall system. Automation reduces operator effort and response time, leading to faster engagement and improved endurance.

For example, Raytheon created a new, high-thrust rocket motor for the future generation of ASRLS in October 2023. This technology has a longer range, quicker response times, and increased payload capacity, enhancing the system’s overall effectiveness.

Anti-Submarine Rocket Launch System Market Analysis
Discover more about the major segments defining this market

By product, the fixed launch systems segment accounted for approximately 55% of the market share in 2023. Fixed launch systems tend to be less complex and cheaper to manufacture & operate compared to portable launchers. This is particularly crucial for cost-sensitive navies or those requiring extensive ASRLS deployment. In addition to this, fixed launchers possess a less complex mechanical design, which can lead to higher reliability and reduced maintenance needs compared to portable launchers. This is particularly significant in harsh marine environments where system availability is extremely critical, thus driving segment growth.

Anti-Submarine Rocket Launch System Market Share
Lockheed Martin Corporation and BAE Systems plc together have a major share of approximately 20% in the market. Lockheed Martin is keen to recognize customer requirements and provide customized ASRLS solutions that meet individual operational needs. Furthermore, through research and development of advanced solutions, the company provide superior ASRLS systems with better detection and engagement features. This assists the company in maintaining a major position in the market.

BAE Systems Plc vertically integrates its ASRLS capabilities in design, manufacturing, and support services to minimize operations and maximize supply chain efficiency. By managing critical elements of the value chain, BAE Systems minimize costs, enhance quality, and maximize responsiveness to customer needs.

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Anti-Submarine Rocket Launch System Market Companies

Major companies operating in the anti-submarine rocket launch system (ASRLS) industry are

BAE Systems plc
Bharat Electronics Limited (BEL)
Israel Aerospace Industries Ltd. (IAI)
L3Harris Technologies, Inc.
Lockheed Martin Corporation
Naval Group
Northrop Grumman Corporation
RTX Corporation
Saab AB
Thales Group

Tags Anti-Submarine Rocket Launch System (ASRLS) Market

Aerospace and Defence News

Anti-Drone Market was valued at USD 1.9 billion in 2023 and is set to grow at a CAGR of over 26% from 2024 and 2032

Post author By Brad Mak
Post date March 4, 2025

Anti-drone Market Size

Anti-Drone Market is estimated to reach USD 1.9 billion in 2023 and will grow at a CAGR of more than 26% during 2024 and 2032, which is being promoted by the innovations in UAV technology.

Enhancements, including greater range, higher cargo capacity, and autonomous flight, render drones more functional and potentially harmful, raising their demand for effective protection and driving business expansion. Innovative drone communication and control technologies enable opportunities for integration of anti-drone features in the current infrastructure, elevating appropriate solution demand.

To obtain major market trends

The persistently increasing government expenditure on the aerospace & defense sector is an essential growth driver for the growth of the market. Increasing terrorist activity with the use of drones inspires governments to spend on anti-drone solutions. Military personnel have to counter threats from drones both on offense and defense fronts, and there arises a need for anti-drone gear to protect bases, troops, and essential operations. With geopolitical tensions among Russia-Ukraine, Israel-Palestine, and China-Taiwan growing, several nations have accelerated their spending in aerospace and military, driving the market growth.

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐅𝐫𝐞𝐞 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐃𝐅 (Enter Corporate Email ID’ for a Free Sample Report): https://www.marketinsightsresearch.com/request/download/6/106/Anti-Drone-Market

Report Attribute Details
Base Year 2023
Anti-Drone Market Size in 2023 USD 1.9 Billion
Forecast Period 2024 – 2032
Forecast Period 2024 – 2032 CAGR 26%
2032 Value Projection USD 15.3 Billion
Historical Data for 2018 – 2023
No. of Pages 220
Tables, Charts & Figures 350
Segments covered Component, Platform, Mitigation Type, Application, and End User
Growth Drivers
Growing advancements in drone technology
Growth in government spending on the aerospace & defense sector
Growing geopolitical security threats
Rising incidents of illegal drone operations
Pitfalls & Challenges
Low system costs and operational complexities
Limited long-range effectiveness

The anti-drone market is significantly hindered by high system prices, limiting broad adoption and slowing growth. Sophisticated anti-drone systems, especially those with extended detection ranges, jamming, or laser neutralization, are costly, limiting their use by smaller organizations, companies, and even some government agencies with small budgets. Establishing and operating large anti-drone systems in wide areas may be costly, involving infrastructure, personnel training, and ongoing maintenance, adding further to the expense.

Anti-Drone Market Trends
The anti-drone market is experiencing considerable technical evolution in radar, Radiofrequency (RF) sensors, and optical sensors, which results in improved and longer-range detection of drones even in the presence of complex environments. The combination of Artificial Intelligence (AI) and Machine Learning (ML) enables real-time processing of sensor data to improve drone identification of other objects and classification of their likely danger level. These advancements are leading to the development of dedicated anti-drone technologies for various uses such as airport security, prisons, power plants, and even wildlife control.

For example, Hexagon US Inc. has added AI and ML mechanisms in September 2023 to its decision-making within its C-UAS systems. It can enable operators to find risks and determine the optimal way to proceed. This innovation is utilized in many areas, like advanced threat discovery, real-time threat evaluation, predictive analysis, and cognitive help and enhancement, improving product demand.

Anti-Drone Market Analysis
Read more about segments influencing this market

Depending on the component, the hardware segment of the market in 2023 had a market share of more than 65%. Although developments in software become more critical to data analysis, decision-making, and system integration, core detection and countermeasure capabilities still highly depend on hardware components. Hardware such as jammers, disruptors, lasers (directed energy weapons), and physical net capture is necessary to disable drones upon detection. Technological enhancements in these subsystems affect effectiveness and flexibility for countermeasures. Various scenarios and threat modes necessitate differing hardware configurations. Ranging from handheld devices suited for individual operation to infrastructure-grade security solutions at large, hardware offers the scalability needed for use in a number of applications.
Anti-Drone Market Share
Lockheed Martin Corporation and RTX Corporation control a substantial market share of more than 15%of the market. Lockheed Martin Corporation designs integrated countermeasure systems that can effectively disable illegal drones. This could include jamming, spoofing, directed energy weapons, or physical interception methods like nets or drones equipped with capture equipment. The company also provides scalable anti-drone products that are utilized to secure a broad category of assets and locations.

RTX Corporation creates portable and module-based anti-drone equipment that can be rapidly deployed and modified to satisfy an array of threat scenarios and operational requirements. They provide smooth interaction with existing security hardware and interoperability with an array of deployment environments.

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Anti-Drone Market Companies

Major players operating in the anti-drone industry are

Airbus Group SE
Dedrone
DeTect, Inc.
Drone Defence
Israel Aerospace Industries Ltd. (IAI)
Lockheed Martin Corporation
RTX Corporation
SAAB AB
Thales Group
The Boeing Company
Zen Technologies Limited

Tags Anti-Drone Market

Aerospace and Defence News

Air Transport USM Market size is estimated to register a CAGR of over 4.5% between 2024 & 2032

Post author By Brad Mak
Post date March 4, 2025

Air Transport USM Market Size

Air Transport USM Market accounted for USD 7.9 billion in 2023 and is expected to witness a CAGR of more than 4.5% from 2024 to 2032. The market is likely to see increasing demand for air transport USMs with increasing demand for air transport.

For example, in June 2023, a report published by the International Air Transport Association (IATA) mentioned that the global air travel expansion will keep growing leading to additional aircraft being employed. Total traffic in March 2023 increased by 52.4% over March 2022, states IATA. Domestic traffic saw an increase of 34.1 over March 2022 and overall March 2023 domestic traffic was at 98.9% of the March 2019 level. This growing demand for air travel worldwide drives market expansion as USM offers a cost-efficient solution for airlines to get parts instantly, allowing timely maintenance of planes to cater to the rising passenger demand.

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐅𝐫𝐞𝐞 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐃𝐅 (Enter Corporate Email ID’ for a Free Sample Report): https://www.marketinsightsresearch.com/request/download/6/104/Air-Transport-USM-Market

Air Transport USM Market Report Attributes
Report Attribute Details
Base Year 2023
Air Transport USM Market Size in 2023 USD 7.9 Billion
Forecast Period 2024 – 2032
Forecast Period 2024 – 2032 CAGR 4.5%
2032 Value Projection USD 11.6 Billion
Historical Data for 2018 – 2023
No. of Pages\t200
Tables, Charts & Figures\t312
Segments covered\tProvider, Aircraft, Product
Growth Drivers\t
Increasing demand for air transport
Increased airline attention towards economic growth and cost effectiveness
Increasing age of aircraft fleets and retirements
Tight regulations implemented by governments regarding dumping of aircraft waste
Pitfalls & Challenges\t
Compliance with stringent regulations
Reliability and quality issues

Air Transport USM Market Trends
The air transport USM sector is experiencing a trend influenced by extensive technological development. Technological improvements in NDT methods like ultrasonic testing, eddy current testing & thermography allow accurate and consistent assessments of worn parts, ensuring structural integrity and functionality. This enhances confidence in the utilization of USM while adhering to stringent regulatory guidelines. Sensor-based monitoring and data analytics technology also offers better failure predictions for components, hence enabling proactive maintenance strategies and timely intervention with used parts. This reduces downtime and optimizes the performance of the current components.

For example, in September 2023, Safran Landing Systems collaborated with SkyTech, an AI-powered predictive maintenance solutions developer, to utilize SkyTech’s AI & IoT platform for landing gear maintenance. The collaboration will help maximize landing gear repair schedules, reduce costs, and enhance operational efficiency by leveraging predictive sensor data analysis. Such technology innovations will lead the market growth in the upcoming years.
Air Transport USM Market Analysis

Learn more about the dominant segments driving this market

In the aviation world, the aftermarkets for used aircraft parts is a two-faced personality where two dominant players existthe original equipment manufacturers (OEMs) and the aftermarket. Currently, OEMs are the superstars of this market with an enormous share of more than 60%. OEMs have gained their street cred through the phenomenal job of creating fantastic planes and keeping them airborne safely. Airlines adore them for their used parts because they know these companies are experts from top to bottom. OEMs employ their glamorous brand names and reputations to ensure the quality and safety of their used parts, which provides airlines with that added sense of security. These people don’t play games with their parts. They ensure they’re as good as new, complying with all the same rigorous rules and regulations. This focus on detail provides airlines and the people who monitor aviation with a warm and fuzzy sensation regarding OEM-supplied used parts. They are assured that they can rely on them for safety and dependability.
Air Transport USM Market Share
AAR Corp. and Boeing Company also possess a substantial share of over 15% in the market. AAR Corp. employs its global sourcing acumen to procure high-quality, cost-efficient used serviceable material from a diverse pool of suppliers across the world. The company employs efficient distribution channels to provide USM products to airline customers as per schedule.

Boeing enters into strategic alliances and partnerships with USM suppliers, aftermarket services providers, and MRO organizations to expand its USM product offerings. These partnerships allow Boeing to increase its product offerings, streamline supply chain operations, and meet customers’ needs more effectively.

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Air Transport USM Market Companies

Major players operating in the air transport USM industry are

A J Walter Aviation Limited
AAR Corp.
AerSale Inc.
AJ Walter Aviation Limited
Boeing Company
Delta TechOps
GA Telesis, LLC
General Electric
HEICO Corporation
Liebherr Group
Satair

Tags Air Transport USM Market

Aerospace and Defence News

Anti-Submarine Warfare Systems Market size is estimated to register a CAGR of over 4.5% between 2024 and 2032

Post author By Brad Mak
Post date March 4, 2025

Anti-Submarine Warfare Systems Market Size

Anti-Submarine Warfare Systems Market size was estimated at USD 17.7 billion in 2023 and is expected to witness a CAGR of more than 4.5% during the forecast period of 2024 to 2032. Growth in the market is driven by rising investment in maritime surveillance ability.

Governments globally are pouring large amounts of money into making their naval capabilities strong enough to detect and neutralize submarine attacks. For example, in September 2023, the government of Australia invested USD 1 billion to strengthen its maritime surveillance. This investment will be used to improve some capabilities of Boeing aircraft such as anti-submarine warfare, maritime strike, and intelligence gathering capabilities. This increased emphasis on maritime security is driving the need for advanced anti-submarine warfare technology and systems such as sonar, torpedoes & underwater drones, hence driving the anti-submarine warfare market growth.

The growing need for effective anti-submarine warfare capabilities to counter anticipated threats is one of the major drivers fueling the anti-submarine warfare market. Due to the mounting proliferation of conventional & nuclear-powered submarines globally, the need for sophisticated warfare systems capable of detecting, tracking, and countering such threats efficiently has become more critical than ever. Governments are also spending on warfare technologies such as sonar systems, torpedoes, maritime patrol aircraft, and unmanned underwater vehicles to strengthen their naval defenses and maintain maritime security against emerging submarine threats.

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐅𝐫𝐞𝐞 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐃𝐅 (Enter Corporate Email ID’ for a Free Sample Report): https://www.marketinsightsresearch.com/request/download/6/103/Anti-Submarine-Warfare-Systems-Market

Anti-Submarine Warfare Systems Market Report Attributes
Report Attribute Details
Base Year 2023
Anti-Submarine Warfare Systems Market Size in 2023 USD 17.7 Billion
Forecast Period 2024 – 2032
Forecast Period 2024 – 2032 CAGR 4.5%
2032 Value Projection USD 26.8 Billion
Historical Data for 2018 – 2023
No. of Pages 220
Tables, Charts & Figures 250
Segments covered System, platform, end users
Growth Drivers
Growing investments in maritime surveillance technologies
Ongoing innovations in submarine technologies
Growing defense budgets of governments
Growing defense contractors & government collaborations and partnerships
Pitfalls & Challenges
Defense budget constraints could limit investments in anti-submarine warfare technologies
Growing cybersecurity threats

Anti-Submarine Warfare Systems Market Trends
Technological developments in maritime technologies are fueling growth in the anti-submarine warfare market. Technological advancements in sonar systems, Unmanned Underwater Vehicles (UUVs), and Autonomous Surface Vessels (ASVs) are improving anti-submarine warfare platforms’ ability to detect & track submarines more efficiently. For example, in September 2023, BAE Systems and Malloy Aeronautics demonstrated the T-600 heavy lift Unmanned Air System (UAS) at a prominent NATO exercise in Portugal. During the multinational exercise, the demonstrator successfully launched an anti-submarine torpedo, an inert Sting Ray training model for the first time on a sea-based flight exercise.

Further, advancements in machine learning, artificial intelligence, and data fusion are enhancing the accuracy & speed of submarine detection, allowing naval forces to respond in a timely manner to possible threats. These innovations are driving the anti-submarine warfare market with more efficient & reliable solutions to maritime security problems.

The combination of unmanned platforms such as UUV, ASV, and UAV is transforming anti-submarine warfare. The platforms provide long-endurance, increased coverage, and lower risk to human personnel, allowing more sustained & effective underwater threat monitoring. Their autonomous operation or integration with manned platforms boosts the flexibility & scalability of anti-submarine warfare operations, rendering them a market growth driver.

Anti-Submarine Warfare Systems Market Analysis
Discover more about the prominent segments defining this market

Segmented on the basis of systems, the market includes sensors, electronic support measures and armament. The sensors segment held a market share of approximately 46% and will increase by 2032. The growth in the sensors segment is being driven by the rising demand for advanced sensors in the anti-submarine warfare market. Advanced sensor technologies, including sonar systems & acoustic arrays, are increasingly important in the detection and tracking of submarines effectively.

For example, in October 2023, U.S. military anti-submarine warfare experts ordered Lockheed Martin Corp. to produce six MH-60R Seahawk anti-submarine warfare helicopters for Norway under a just-revealed USD 364.3 million contract. These multi-mission capable MH-60R helicopters have sophisticated sensors and are optimized for both anti-submarine & anti-surface warfare missions. With navies across the globe focusing on augmenting their anti-submarine warfare capabilities, higher sensitivity, accuracy & processing capability sensors are becoming increasingly in demand.

Find more about the primary segments influencing this market

Depending on the platform, the anti-submarine warfare systems market is segmented into submarines, surface ships, helicopters, maritime patrol aircraft and unmanned systems. Submarines will account for about 28% in the overall market in 2023. The growth of the submarines segment is fueled by the increased availability of submarines and the growth of submarine technology.

With more submarines featuring quieter and stealthier designs, there is a growing need for advanced anti-submarine warfare capabilities to detect and monitor them efficiently. This calls for the creation of sophisticated anti-submarine warfare systems and platforms, like sonar arrays & underwater drones, to counter prospective threats by submarines and uphold maritime security.

North America contributes a market share of more than 38% in 2023. The modernization of the naval fleets in North America is a strong growth driver of the anti-submarine warfare systems market. The U.S. companies are putting money into upgrading & increasing their naval fleets like the purchase of advanced submarines and anti-submarine warfare platforms.

This modernization involves the incorporation of advanced technologies like advanced sonar systems, Unmanned Underwater Vehicles (UUVs), and maritime patrol aircraft carrying anti-submarine warfare capabilities. This is to improve maritime security, ensure naval superiority, and better counter adaptive undersea threats, thus driving the growth of the anti-submarine warfare market in the country.

Anti-Submarine Warfare Systems Market Share
Lockheed Martin Corporation, RTX Corporation and Northrop Grumman Corporation maintain a substantial market share of more than 24% within the market. Firms in the anti-submarine warfare systems market utilize various important strategies for the augmentation of their market presence. Lockheed Martin concentrates on ongoing innovation in ASW technologies through its skill in sensors, sonar systems and sub-sea capabilities to remain ahead in terms of technological benefits.

Northrop Grumman Corporation enters strategic associations and alliances with defense contractors, organizations, and research institutions as a corporate strategy. This fosters the partnership of combined expertise and resources towards developing and deploying ASW solutions. For example, in February 2021, Northrop Grumman Corporation and Ultra partnered to outfit a customized Bell 407 manned platform with Ultra sonobuoys to achieve an anti-submarine warfare capability demonstration of unmanned aircraft systems (UAS).

In addition, to enhance data analysis and decision-making capabilities, RTX Corporation invests in AI and ML technologies. For example, in December 2022, RTX Corporation made an investment in EpiSci, an autonomous solutions development company. The investment will help support the company’s vision of creating cutting-edge autonomous technologies and facilitate the integration of EpiSci’s Tactical AI technology.

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Anti-Submarine Warfare Systems Market Companies

Major players operating in the anti-submarine warfare systems industry are

BAE Systems plc
DSIT Solutions Ltd
Elbit Systems Ltd.
General Dynamics Corporation
Lockheed Martin Corporation
Naval Group (Formerly DCNS)
Northrop Grumman Corporation
RTX Corporation
Saab AB
Thales Group

Tags Anti-Submarine Warfare Systems Market

Aerospace and Defence News

Aerospace Riveting Equipment Market size is estimated to register a CAGR of over 3.5% between 2024 and 2032

Post author By Brad Mak
Post date March 4, 2025

Aerospace Riveting Equipment Market Size

Aerospace Riveting Equipment Market size was over USD 110 million in 2023 and is projected to achieve a CAGR of over 3.5% from 2024 to 2032. The increasing need for commercial and military aircraft globally is a prime driver for the aerospace riveting equipment market

Airplane makers are experiencing a flood of orders, so they require improved equipment to accelerate assembly while producing airplanes that are safe and durable. Riveting technology has advanced significantly, with automated equipment and robots that can assemble planes faster and more accurately. Firms are spending money on new, state-of-the-art riveting machines to remain competitive and keep pace with the high-speed aerospace sector. The sector has experienced remarkable technological advancements, such as laser riveting and friction stir welding. These technological breakthroughs have transformed aircraft construction. Laser riveting employs lasers to form exact, firm connections, whereas friction stir welding welds materials together without heating them up, forging super-strong bonds.

For example, in August 2023, Bond Technologies, Inc. released the PM2 Friction Stir Welding machine, a innovative solution for large-volume production with advanced capabilities suitable for small and medium-sized aluminum alloy components, providing reliability and efficiency in tough production conditions.

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐅𝐫𝐞𝐞 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐃𝐅 (Enter Corporate Email ID’ for a Free Sample Report): https://www.marketinsightsresearch.com/request/download/6/102/Aerospace-Riveting-Equipment-Market

Report Attribute Details
Base Year 2023
Aerospace Riveting Equipment Market Size in 2023 USD 110 Million
Forecast Period 2024 – 2032
Forecast Period 2024 – 2032 CAGR 3.5%
2032 Value Projection USD 160 Million
Historical Data for 2018 – 2023
No. of Pages 250
Tables, Charts & Figures 351
Segments covered Equipment, type, technology, end-use, and region
Growth Drivers
Growing Aircraft Production
Focus on Lightweight Materials
Strict Safety Regulations
Technological Innovation
Growing Demand for Retrofitting and Maintenance
Pitfalls & Challenges
Technological Obsolescence
Strict Regulatory Compliance

Human-Readable Version The aerospace business has some strict rules to abide by. And if you’re producing the equipment that holds planes together with rivets, you’d better ensure it complies with those strict safety and quality standards. It’s not only a question of doing what the rules say – it’s about saving your reputation. If your equipment isn’t up to scratch, you’re going to receive some serious fines, lawsuits, and a lot of bad publicity. Not to mention, your projects will get held up, and customers will lose Vertrauen in your products. That’s why it’s so important to stay on top of the latest regulations and make sure your equipment is always up to par. You need to keep a close eye on things, check your quality control, and put safety first. By doing these things, you can avoid the dangers of not following the rules and protect your company’s good name.

Aerospace Riveting Equipment Market Trends
The aerospace sector is experiencing a shift towards more automation in production processes, such as riveting. Automated riveting systems provide better efficiency, accuracy, and repeatability, resulting in increased productivity and cost reduction. Companies are investing in robotic riveting technology and intelligent technologies to optimize production and address increasing demand. In April 2022, ISOVOLTA AG acquired Gurit Holding AG’s Aviation and Aerospace business unit. The acquisition allowed the company to diversify its business to manufacture advanced composite materials, composite manufacturing equipment, and core kitting services for the aerospace market.

Sustainability is becoming a big thing in how we build planes and rockets. We’re attempting to use things that don’t harm the environment and construct things that don’t consume a lot of energy. This includes the machines we use to put pieces of the plane together, like rivets. Companies are finding ways to make these machines use less energy, use materials that can be turned into something else later, and not make as much garbage. This is important because the aerospace industry wants to be more eco-friendly. Another neat thing that’s going on in the exciting world is that we’re utilizing more data and computers. We stick sensors on the machines to inform us how they’re performing, then we utilize that data to smooth things out. This allows us to produce better parts quicker, less downtime, and less waste.

Aerospace Riveting Equipment Market Analysis
Discover more about the most important segments contributing to this market

On the basis of equipment, the market is divided into hydraulic riveting equipment, pneumatic riveting equipment, electric riveting equipment. The hydraulic riveting equipment segment is anticipated to record a CAGR of more than 3.5% during the forecast period from 2024 to 2032. Hydraulic systems provide high force and accuracy, which makes them suitable for aerospace applications where strong and durable joints are essential. These types of systems are frequently employed in the assembly of aircraft structures such as fuselage panels, wing parts, and frames. Due to the emphasis by aerospace producers on quality, safety, and efficiency, hydraulic riveting machines remain a go-to option for producing sturdy and accurate riveted joints in the construction of commercial and military aircraft.

Hello! As of 2023, North America is splashing big onto the world market for aircraft riveting equipment. They.ve got a whopping 33% of the pie, and it’s increasing by the day. Why? Well, there’s a genuine demand for brand new planes, both for commercial airlines as well as the military. And who’s producing these planes? Giants such as Boeing, Lockheed Martin, and Northrop Grumman are hard at work right here in North America. That means they require top-of-the-line riveting equipment to keep their planes in top shape. In addition, we’re noticing some awesome developments in riveting technology. We’re thinking of new composite materials that can lighten aircraft and reinforce them. And when there are so many safety regulations in place, these aircraft must be manufactured precisely. Therefore, there is a vast requirement for equipment that will be able to work with these new materials and abide by all these standards.

Aerospace Riveting Equipment Market Share
Northrop Grumman has a large market share in the aerospace riveting equipment market. Northrop Grumman is a major market player. Although Northrop Grumman is best recognized for its capabilities in designing and producing aircraft, spacecraft, and defense systems, the company also plays a role in developing and supplying riveting equipment and associated technologies.

Leading companies like Lockheed Martin, Northrop Grumman, Parker Hannifin Aerospace, POP Aviation & Industrial, STANLEY, are continuously taking strategic steps like geographical expansion, acquisitions, mergers, partnerships, collaborations, and product or service introductions.

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Aerospace Riveting Equipment Market Companies

Major players operating in the aerospace riveting equipment industry are

Airbus Helicopters
Avdel
Boeing Commercial Airplanes
Cherry Aerospace
Eaton Aerospace
GESIPA Aerospace
Henrob
Huck Aerospace
Lockheed Martin
Northrop Grumman
Parker Hannifin Aerospace
POP Aviation & Industrial
PSM Aerospace
STANLEY Engineered Fastening (SENCO)

Tags Aerospace Riveting Equipment Market

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