Aerospace and Defense

The Global Aircraft Open Die Forging Market is driven by the increasing demand for lightweight and high-strength components in aircraft manufacturing, coupled with the ability of open die forging to produce large, complex, and customized parts critical for aviation applications. The market is further propelled by the aerospace industry's pursuit of enhanced fuel efficiency and performance, emphasizing the role of open die forging in producing structurally sound components for modern aircraft. According to TechSci Research report, “ Global Aircraft Open Die Forging Market - Industry Size, Share, Trends, Competition Forecast & Opportunities, 2028 ”, the Global Aircraft Open Die Forging Market stood at USD 4.79 Billion in 2022 and is anticipated to grow with a CAGR of 6.74% in the forecast period, 2025-2029. The global Aircraft Open Die Forging Market has witnessed remarkable growth in recent years and is projected to maintain its upward trajectory in the foreseeab...

The Global Aerospace Milled Parts Market is driven by the increasing demand for lightweight and precision-engineered components in aircraft manufacturing, coupled with advancements in milling technologies enhancing production efficiency and quality in the aerospace industry. According to TechSci Research report, “ Global Aerospace Milled Parts Market - Industry Size, Share, Trends, Competition Forecast & Opportunities, 2028 ”, the Global Aerospace Milled Parts Market stood at USD 23.51 Billion in 2022 and is anticipated to grow with a CAGR of 7.05% in the forecast period, 2025-2029. The global aerospace milled parts market has experienced remarkable growth in recent years. This notable increase can be attributed to the surging demand for new aircraft in both civilian and military sectors. With an enhanced focus on aircraft modernization and the ever-increasing air travel driven by globalization and urbanization, the market expansion has been propelled. As aerosp...

Geopolitical Tensions and Maritime Security, Increased Emphasis on Multi-Mission Capabilities, and Technological Advancements and Innovation are factors driving the Global Fast Attack Craft market in the forecast period 2024-2028. According to TechSci Research report, “ Global Fast Attack Craft Market - Industry Size, Share, Trends, Competition Forecast & Opportunities, 2028 ”, the Global Fast Attack Craft Market stood at USD 4.5 billion in 2022 and is anticipated to grow with a CAGR of 6.19% in the forecast period, 2024-2028. Equipped with anti-ship missiles, torpedoes, and cannons, a fast attack craft (FAC) is a compact, maneuverable, swift, and attack-capable vessel. Rapid assault boats are employed in several missions, including anti-piracy, anti-surface, anti-air, and marine patrol. Since quick attack ships are less capable of defense, they are typically chosen in coastal areas as opposed to the middle of the ocean. Their primary usage is in offensive roles. Even eno...

The Global Delivery Drones Market is primarily driven by the escalating demand for faster and more efficient last-mile delivery solutions, coupled with technological advancements in drone capabilities and growing regulatory support for commercial drone operations, enabling the expansion of drone-based delivery services. According to TechSci Research report, “ Global Delivery Drones Market - Industry Size, Share, Trends, Competition Forecast & Opportunities, 2028 ”, the Global Delivery Drones Market stood at USD 1.86 Billion in 2022 and is anticipated to grow with a CAGR of 39.80% in the forecast period, 2024-2028. The global Delivery Drones Market is poised to experience significant growth in the coming years. This growth can be attributed to a multitude of factors. Firstly, the increasing utilization of drones across various sectors such as aerial photography, agriculture, and surveillance has propelled the demand for drone simulators. These simulators play a pivotal rol...

Increasing demand for efficient and cost-effective solutions in industries such as agriculture, infrastructure inspection, and logistics are the factors driving market in the forecast period 2025-2029. According to TechSci Research report,  “ Unmanned Commercial Aerial Vehicle Market – Global Industry Size, Share, Trends, Competition Forecast & Opportunities, 2029 ”, The Global Unmanned Commercial Aerial Vehicle Market stood at USD 5.26 Billion in 2023 and is anticipated to grow with a CAGR of 6.84% in the forecast period, 2025-2029. the global unmanned commercial aerial vehicle (UCAV) market is experiencing a transformative phase, characterized by significant advancements in technology, expanding applications, and increased adoption across various industries. Drones, or unmanned aerial vehicles (UAVs), have evolved beyond military applications to become integral tools in commercial sectors, driven by their versatility, cost-effectiveness, and technological sophistic...

Geopolitical tensions and regional conflicts, escalating threats from armored vehicles and insurgent tactics are factors driving the Global Anti-Tank Missile System market in the forecast period 2025-2029. According to TechSci Research report, “ Global Anti-Tank Missile System Market - Industry Size, Share, Trends, Competition Forecast & Opportunities, 2029 ”, the Global Anti-Tank Missile System Market stood at USD 3 billion in 2023 and is anticipated to grow with a CAGR of 6.62% in the forecast period, 2025-2029. The global anti-tank missile system market has witnessed significant growth and evolution in recent years, driven by a combination of geopolitical tensions, modernization initiatives by armed forces, and technological advancements in missile technology. Anti-tank missiles serve as critical assets in modern warfare, capable of neutralizing armored vehicles with precision and effectiveness. This market encompasses a wide range of systems, including man-portable, v...

Increasing regulatory pressure to reduce carbon emissions, coupled with advancements in hydrogen propulsion technology are the factors driving market in the forecast period 2025-2029. According to TechSci Research report,  “ Hydrogen Aircraft Market – Global Industry Size, Share, Trends, Competition Forecast & Opportunities, 2029 ”, The Global Hydrogen Aircraft Market stood at USD 84.62 Billion in 2023 and is anticipated to grow with a CAGR of 6.84%in the forecast period, 2025-2029. The Global Hydrogen Aircraft Market is experiencing a transformative phase marked by a paradigm shift towards sustainable aviation solutions. The market is driven by a growing awareness of environmental issues and the imperative to reduce carbon emissions in the aviation sector. Hydrogen aircraft, with their potential to offer a cleaner alternative to traditional aviation fuels, are gaining significant traction. In terms of technology, advancements in hydrogen fuel cell technology are at ...