Aerospace & Defense

Stringent airworthiness norms and policies to drive global aviation MRO market According to TechSci Research report,  “ Global  Aviation MRO Market  By Industry, By Component, By Aircraft Type, By End User, By Region, Competition, Forecast & Opportunities, 2025 ” , the global aviation MRO market is projected to reach $ 113 billion by 2025. Growing need to address wear and tear of aircraft components  is one of the major factors boosting the growth of  global aviation MRO market. Moreover, surging demand for low-cost carriers is expected to bode well for the growth of global aviation MRO market during the forecast period. In addition to this, digitalization of aircraft MRO services and supportive government initiatives are positively influencing the global aviation MRO market. Rising number of accidents caused due to carelessness in maintenance activities, is leading to authorities tightening the norms for timely maintenance and repair works, which in turn is bolstering the market g

Shifting trend towards electric actuator, rising demand for commercial aircraft and high demand for automation in aviation industry to drive global aviation actuator system market through 2024 According to TechSci Research report,  “ Global Aviation Actuator System Market  By Product, By Aircraft Type, By Application, By End-User, By Region, Competition, Forecast & Opportunities, 2024” , global aviation actuator system market is projected to reach $ 1.12 billion by 2024, owing to increasing inclination towards electric actuators, on the back of stringent government regulations about pollution. Factors such as growing urbanization and rapid development of emerging economies are positively impacting global aviation actuator system market.  Triumph Group , United Technologies Corporation, Honeywell International Inc and Parker Hannifin Corporation are some of the leading players operating in global aviation actuator system market. Browse  XX  market data Figures and Tables spread thro

Continuously evolving passenger demand for comfortable air travel and increasing need for In-flight entertainment and connectivity system, to drive global aircraft seat actuation system market through 2026. According to TechSci Research report  “ Aircraft Seat Actuation System Market , By Aircraft Type (Narrow-Body Aircraft, Wide-Body Aircraft, Regional Aircraft, Business Aircraft), By Class (Premium Economy Class, First Class, Business Class, Economy Class,) By Type (Hydraulic, Pneumatic, Electromechanical), By Mechanism Outlook (Linear, Rotary) and By Region, Competition, Forecast & Opportunities, 2026” , the global aircraft seat actuation system market is estimated to reach around USD148.64 billion by 2026, growing with a CAGR of 7.01% in value terms over the next five years. Seat actuation systems allow the passengers to calibrate their seating positions as per their level of comfort. Various type of actuators like the hydraulics, pneumatics and electro-mechanical actuators per

The rise in commercial airlines and the need to upgrade avionics equipment at the military and commercial level is expected to drive the demand for the global avionics market in the forecast period, 2023-2027. According to TechSci Research report,  “ Avionics Market  - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2017-2027 ” , the global avionics market is anticipated to witness steady growth in the forecast period, 2023-2027. Avionics can be defined as technologically advanced electronic systems utilized in spacecraft, aircraft, and artificial satellites. It includes systems like communication, surveillance, navigation, and automatic flight management system that can manage several operational modes. The market is primarily driven by the surge in demand for in-flight entertainment services and the growing demand for the generation of real-time data to provide an enhanced flying experience for both passengers and pilots. High demand for aircraft, development of comme

Changing nature of warfare technologies and growing defense expenditure is expected to drive the demand for global rockets and missiles market in the forecast period, 2023-2027 . According to TechSci Research report,  “ Rockets and Missiles Market  - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2017-2027 ” , the global rockets and missiles market is anticipated to witness impressive growth in the forecast period, 2023-2027. The surge in terrorist activities and territorial conflicts with neighboring countries is driving the need to invest in purchasing rockets & missiles. With the advancements in technology, the detection and tracking of rockets & missiles are becoming easier, making the market players focus on new technological innovations. The advent of new technologies and the use of rockets & missiles for training and practice purposes further influence market demand. Market players focus on new manufacturing technologies such as 3D printing technolog