The aircraft electrification refers to method of using electric motors to power the propeller engines of airplanes to reduce air pollution. In aircraft electrification, the engine employs electric power for all non-propulsive systems and focuses on altering current operations or systems to increase efficiency or to lessen the amount of work the engine must perform through altering the aircraft or operational systems. The main components in aircraft electrification include batteries, fuel cells, solar cells, electric actuators, electric pumps, generators, motors, power electronics, distribution devices. Batteries refer to device used in the aircraft to convert chemical energy into electrical energy. There are several uses for aircraft batteries such as ground power, emergency power, improving DC bus stability, and fault clearing. More electric, hybrid electric, fully electric are technologies used in aircraft electrification. It is further divided by platform into fixed wing, rotary wing, unmanned aerial vehicles (UAVs), and advanced air mobility. The aircraft electrification market research report is one of a series of new reports from The Business Research Company that provides aircraft electrification market statistics, including Feed yeast industry global market size, regional shares, competitors with an aircraft electrification market share, detailed aircraft electrification market segments, market trends and opportunities, and any further data you may need to thrive in the aircraft electrification industry. These aircraft electrification market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry. The global aircraft electrification market size grew from $4.52 billion in 2022 to $5.09 billion in 2023 at a compound annual growth rate (CAGR) of 12.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The aircraft electrification market size is expected to grow to $7.94 billion in 2027 at a CAGR of 11.8%. The growing demand to reduce the carbon footprint is driving the electric aviation market. Carbon footprint refers to the total volume of greenhouse gases, notably carbon dioxide, that something, such as a person's actions or the manufacturing and shipping of a product, emits over a specified period. Carbon footprints can be reduced by bringing change in the way the activities are carried out. Aircraft electrification is one such change that will lead to a reduction in carbon footprint. Electric aircraft use electricity instead of fuel, reducing the emission of harmful gases into the atmosphere, thereby reducing carbon footprint. According to the World Economic Forum, nearly 3% of the world's carbon dioxide emissions are attributable to the aviation sector. By concentrating on four critical measures, it has committed to becoming carbon neutral by 2050. These include using hydrogen power, carbon offsets, and cleaner fuel. Thus, the growing demand to reduce the carbon footprint will fuel the aircraft electrification market. Strategic partnership is a key trend in the aircraft electrification market. Companies are entering into a partnership with aircraft electrification companies to leverage each other's resources and enter a new market. In April 2022, Eve UAM, LLC, a Brazil-based aircraft company that generates urban air mobility solutions, entered into a partnership with Thales Group. The partnership seeks to aid in the growth of Eve's electric vertical take-off and landing (eVTOL) aircraft in Brazil. A series of cooperative research on the technical, financial, and adaptable viability of an airplane driven entirely by electricity will be conducted as part of the strategic partnership for a year. The experience of Thales in creating avionics, electric, flight control, navigation, communication, and connection systems will be added. Thales Group is a France-based company that offers services and designs electrical systems for aerospace, defense, transportation, and security applications. In October 2021, Amedeo, an Ireland-based aircraft leasing and asset management company, entered into a partnership with AURA AERO. The partnership aims to advance the net-zero by 2050 objective of the commercial aviation sector. AURA AERO is a Toulouse-based aerospace firm creating design and production procedures for completely digital electric aircraft. In April 2022, Textron, a US-based aircraft company, that uses its global network of aerospace, defense, industrial, and financial enterprises to provide consumers with cutting-edge products and services, acquired Pipistrel for an undisclosed amount. Through this acquisition, Textron intends to establish Textron eAviation as a new business unit with an emphasis on creating environmentally friendly aircraft, including Pipistrel. Pipistrel is a Slovenia-based manufacturer of electrically powered aircraft. Major players in the aircraft electrification market are The Boeing Company, Airbus SE, Safran Group, Honeywell International Inc., Raytheon Technologies Corporation, General Electric Company, Thales Group, Moog Inc., Parker-Hannifin Corp., Eaton, AMETEK Inc., Meggitt PLC, BAE Systems, EaglePicher Technologies, and Nabtesco Corporation. North America was the largest region in the aircraft electrification market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in aircraft electrification market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the aircraft electrification market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK and USA. The aircraft electrification market consists of sales of partial turboelectric, turboelectric, parallel hybrid and series hybrid. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global aircraft electrification market is segmented - 1) By Component: Batteries, Fuel Cells, Solar Cells, Electric Actuators, Electric Pumps, Generators, Motors, Power Electronics, Distribution Devices 2) By Technology: More Electric, Hybrid Electric, Fully Electric 3) By Platform: Fixed Wing, Rotary Wing, Unmanned Aerial Vehicles (UAVs), Advanced Air Mobility

Aircraft electric motors is motor powered by electricity through a battery. Electric motors use electromagnetic forces to move. The magnetic forces cause the electromagnet inside an electric motor to spin. The battery that powers an aircraft motor includes stacks of thin lithium-polymer cells. The main types of aircraft electric motor are AC motor and DC motor. An AC motor is an electric motor driven by an alternating current. It consists of two basic parts, an outside stator having coils supplied with alternating current to produce a rotating magnetic field, and an inside rotor attached to the output shaft producing a second rotating magnetic field. The various types of aircraft involved are fixed wing, rotary wing, unmanned aerial vehicles, and advanced air mobility. The various torque involved are up to 1 nm, 1-50 nm, 50-200 nm, and above 200 nm with the output power of up to 10 kW, 10-200 kW, and above 200 kW. The several applications include propulsion system, flight control system, environmental control system, engine control system, avionics system, door actuation system, landing, and braking system, cabin interior system, and others. The aircraft electric motor market research report is one of a series of new reports from The Business Research Company that provides Aircraft electric motor market statistics, including aircraft electric motor industry global market size, regional shares, competitors with aircraft electric motor market share, detailed Aircraft electric motor market segments, market trends, and opportunities, and any further data you may need to thrive in the aircraft electric motor industry. This aircraft electric motor market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry. The global aircraft electric motor market size grew from $7.79 billion in 2022 to $8.62 billion in 2023 at a compound annual growth rate (CAGR) of 10.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The aircraft electric motor market size is expected to grow to $12.02 billion in 2027 at a CAGR of 8.7%. Expansion of the aviation industry is expected to propel the growth of the aircraft electric motor market going forward. The aviation industry includes virtually all facets of air transport as well as the activities that support it. It covers the entire airline sector as well as the manufacture of aircraft, research organizations, military aviation, and much more. Electric aircraft are being used in the aviation industry. These aircraft served as test beds for years with minimal payload and scant range. The number of electric aircraft projects has skyrocketed recently, and commercial electric flights seem to be just around the corner. Therefore, the expansion of the aviation industry would also expand the electric aircraft which would lead to an increase in the demand for aircraft electric motors. For instance, in 2022, according to Air Transport Action Group (ATAG), a Switzerland-based coalition of aviation industry experts focusing on sustainable development issues, over the next 20 years the demand for air travel is anticipated to grow by an average of 3% year and by 2038 the aviation sector would support 13.7 million direct jobs and $1.7 trillion in global GDP. Therefore, the expansion of the aviation industry is expected to drive the demand in the aircraft electric motor market. Technological advancement is the key trend gaining popularity in the aircraft electric motor market. Major companies operating in the aircraft electric motor market are focused on developing technologically advanced products to strengthen their market position. For instance, in July 2022, Collins Aerospace, a US-based supplier of aerospace and defense products developed the first functional prototype of its 500-kilowatt electric motor that is appropriate for the Airlander 10 aircraft. Hybrid-electric operation for Airlander 10 is expected to start in 2026, followed by an all-electric, zero-emission operation in 2030. In order to do this, Collins' 500-kilowatt electric motors will be installed in place of the aircraft's four fuel-burning engines, starting with the two forward engines in 2026 and the two rear engines in 2030. In March 2022, Textron Inc., a US-based industrial conglomerate acquired Pipistrel for a deal amount of $242 million. With this acquisition, Textron is expected to acquire 90% of Pipistrel's ownership and would significantly speed up the development of the fixed wing and VTOL (vertical take-off and landing) portions of electric aircraft. Pipistrel is a Europe-based company that manufactures light aircrafts. Major players in the aircraft electric motor market are ltra Industrial Motion Corporation, Moog Inc., Meggitt PLC, Allied Motion Inc., Ametek Inc., Arc Systems Inc., Magneto Aero Dynamics, MagniX, H3X Technologies Inc., Emrax d.o.o, Woodward Inc., Windings Inc., Xoar International LLC, Yasa Ltd., Rolls-Royce PLC. North America was the largest region in the aircraft electric motor market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the aircraft electric motor market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the aircraft electric motor market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The aircraft electric motors market consists of sales of coils, magnetic flux, cobalt steel alloy stator, ball bearings, carbon fiber plates. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global aircraft electric motor market is segmented - 1) By Type: AC Motor, DC Motor 2) By Aircraft Type: Fixed Wing, Rotary Wing, Unmanned Aerial Vehicles, Advanced Air Mobility 3) By Torque: Up to 1 Nm, 1-50 Nm, 50-200 Nm, Above 200 Nm 4) By Output Power: Up to 10 kW, 10-200 kW, Above 200 kW 5) By Application: Propulsion System, Flight Control System, Environmental Control System, Engine Control System, Avionics System, Door Actuation System, Landing and Braking System, Cabin Interior System, Other Applications

Autonomous military aircraft refers to aircraft guided autonomously from the ground, designed to attack surface targets with bombs or missiles and destroy enemy targets in warfare. They carry sensors, target designators, offensive ordnance, and electronic transmitters, among others. The main technological types of autonomous military aircraft are remotely operated, semi-autonomous, and autonomous. The various types of aircraft include fighter aircraft, bombers, reconnaissance and surveillance aircraft, airborne early warning aircraft, and others, and the components used are flight management computers, air data inertial reference units, sensors, actuation systems, software, intelligent servos, cameras, radars, and transponders. A fighter aircraft is a fixed-wing aircraft designed for air-to-air combat against other aircraft. The autonomous military aircraft market research report is one of a series of new reports from The Business Research Company that provides autonomous military aircraft market statistics, including autonomous military aircraft industry global market size, regional shares, competitors with an autonomous military aircraft market share, detailed autonomous military aircraft market segments, market trends and opportunities, and any further data you may need to thrive in the autonomous military aircraft industry. This autonomous military aircraft market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry. The global autonomous military aircraft market size will grow from $5.42 billion in 2022 to $5.95 billion in 2023 at a compound annual growth rate (CAGR) of 9.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global autonomous military aircraft market size is expected to grow to $7.35 billion in 2027 at a CAGR of 5.4%. Increasing government funding on defense equipment such as autonomous military aircraft to enhance the efficiency of military operations also boosts the demand for the market. For instance, in September 2021, the UK government invested nearly £400 million in the Royal Air Force (RAF) to upgrade the capabilities of two of its most important assets: the C-17 Globemaster airplane and the CH-47 Chinook helicopter. £324 million will be invested in the UK's C-17 fleet. As part of a contract with the US Air Force, this will upgrade hardware and software to improve airlift capability. As part of a £64 million contract with Boeing Defence UK (BDUK), the UK's fleet of Mk5 and Mk6 Chinook helicopters will be improved with cutting-edge defensive systems, making them more difficult for adversaries to detect. Hence, increasing government spending on autonomous military aircraft is a key factor in driving the market. The major constraint of autonomous military aircraft is its vulnerability to jamming and spoofing. Securing GPS signals to ensure that they cannot be tampered with by enemy forces acts as the inherent liability of GPS to jamming and spoofing and acts as a major challenge. In particular, communication links between the controller and the autonomous military aircraft are extremely vulnerable and the required target accuracy is difficult to achieve due to navigation errors. Due to this, the aircraft is misdirected and becomes either unusable or a threat to their personnel equipment. For instance, in April 2022, Russian forces since the invasion of Ukraine, have been engaged in jamming the satellite navigation systems of commercial aircraft. According to Benoit Roturier, the head of satellite navigation at France's civil aviation authority DGAC, the report stated that the pilots were informed there had been disruptions near the Black Sea, the Kaliningrad region, and close to Eastern Finland. Such factors are expected to harm the demand for autonomous military aircraft and may have an impact on the growth of the market. Autonomous military aircraft companies are making efforts to embed artificial intelligence (AI) and specialize in the development of software, including machine learning and AI, that are core capabilities for these advanced systems. The ability of a system to decide on the most suitable action from sensor data input to fulfil the intent for operations by making guesses without human input can be achieved by AI technology. Through edge processing, aircraft do not have to send information to the cloud and thus may achieve greater performance, information security, and autonomy. The U.S. Defense Advanced Research Projects Agency (DARPA) is seeking to advance artificial intelligence technologies for individual and team aerial dogfighting tactics. In April 2020, Draganfly Inc., a Canada-based manufacturer of drone and UAV technologies, acquired Dronelogics Systems Inc. for USD 1.74 million. With the acquisition, the two businesses are expected to diversify their drone manufacturing technology. The product offerings and engineering advancements of Draganfly are perfectly complemented by Dronelogics. Together, the businesses would strengthen their position as market leaders in the global UAV and UVS sectors while offering specialized services to their mutual clients and business associates. Dronelogics Systems Inc. is a Canada-based company that sells drones, creates specialized solutions, provides customer training and business consultation for SFOC and UAV use. Major players in the autonomous military aircraft market are Boeing, Lockheed Martin Corp., GE Aviation, Northrop Grumman, BAE Systems, Israel Aerospace Industries (IAI), Elbit Systems, Dassault Aviation S.A., Denel Dynamics, Airbus SE, United Technologies Corporation, General Dynamics Corporation, Raytheon Company, Safran SA, Rolls Royce, China Aerospace Science, and Technology Corporation, Kratos Defence & Security Solutions Inc., and Textron Inc. Asia-Pacific was the largest region in autonomous military aircraft market in 2022. Western Europe is expected to be the fastest-growing region in the global autonomous military aircraft market during the forecast period. The regions covered in the global autonomous military aircraft market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the autonomous military aircraft market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The autonomous military aircraft market consists of sales of automatic aerial vehicles such as autonomous fighters for military applications to carry weapons and destroy the targets. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global autonomous military aircraft market is segmented - 1) By Technology: Remotely Operated, Semi-Autonomous, Autonomous 2) By Type: Fighter Aircrafts, Bombers, Reconnaissance and Surveillance Aircrafts, Airborne Early Warning Aircrafts, Others 3) By Component: Flight Management Computers, Air Data Intertial Refernece Units, Sensors, Actuation Systems, Software, Intelligent Servos, Cameras, Radars & Transponders, Propulsion Systems

A passenger aircraft is a type of commercial aircraft used to transport people from one place to another. The passenger aircraft include components such as a wing system, tail surfaces, movable surfaces, and a power plant. Passenger aircraft are mostly operated by airlines. The main types of passenger aircraft are single-aisle aircraft, twin-aisle aircraft, regional jets, and business jets. A single-aisle aircraft is a smaller type of aircraft that is frequently used to operate short-haul international and domestic flights and can carry as few as four passengers up to 300. The various aircraft types used include fixed-wing aircraft, rotorcraft, and engine types into turbofan, turboprop, and turboshaft which are used for full-service carriers and low-cost carriers. The different kinds of engines used are turbofan, turboprop, and turboshaft. The passenger aircraft market research report is one of a series of new reports from The Business Research Company that provides passenger aircraft market statistics, including passenger aircraft industry global market size, regional shares, competitors with a passenger aircraft market share, detailed passenger aircraft market segments, market trends and opportunities, and any further data you may need to thrive in the passenger aircraft industry. This passenger aircraft market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global passenger aircrafts market size will grow from $79.14 billion in 2022 to $80.31 billion in 2023 at a compound annual growth rate (CAGR) of 1.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global passenger aircrafts market size is expected to grow to $103.61 billion in 2027 at a CAGR of 6.6%. The increase in global tourism is expected to fuel the growth of the passenger aircraft market in the forecast period. Global tourism is probably the largest movement of goods, services, and people, and it is a major force for economic growth and socio-political transition. According to the United Nations World Tourism Organization (UNWTO), international tourist arrivals reached 1.5 billion in 2019 and are expected to reach 1.8 billion by 2030. Therefore, the increase in global tourism drives the growth of the passenger aircraft market. The impact of COVID-19 is expected to limit the growth of the passenger aircraft market in the coming years. The aerospace industry faces major challenges such as the reduction of new aircraft orders or the preservation of existing orders on hold due to the COVID-19 pandemic. Reduced demand not only affected original equipment manufacturers (OEMs) but also impacted the entire supply chain. According to the International Air Transport Organization, $200 billion in cash was invested in the aerospace industry to cope with the economic downturn. Airbus, an European aircraft manufacturer, announced in June 2020 that global monthly production of its A320 aircraft would be reduced from 60 to 40 per month, amounting to approximately $2.25 billion (£1.5 billion) per month. Therefore, the impact of COVID-19 restrains the growth of the passenger aircraft market. The integration of blockchain technology into the aerospace sector is a key trend gaining popularity in the passenger aircraft market. Aerospace companies of all sizes and types understand that blockchain networks can enhance their activities and exchange information securely across multiple realms and touchpoints, from the airline ticket counter to the flight line. For instance, in February 2020, SITA, a Switzerland-based company that provides IT and telecommunication services to the air transport industry, launched a blockchain consortium to support the aviation industry in tracking aircraft components. The new consortium will be responsible for the servicing, repair, and overhaul (MRO) of aircraft components. PricewaterhouseCoopers (PWC), a USA-based professional services firm, reports that the use of blockchain could raise revenue in the aviation industry by as much as 4%, or US$ 40 billion, thus reducing MRO costs by about 5% or US$ 3.5 billion globally. In April 2022, Textron Inc., a US-based multi-industry company involved in aircraft, industrial, defense and finance, acquired Pipistrel for an undisclosed amount. Through this acquisition, Pipistrel will gain increased resources, technical and regulatory expertise, and access to a global aircraft sales and support network, allowing it to accelerate the development and certification of electric and hybrid electric aircraft. Pipistrel is a Slovenia-based Manufacturer of private aircrafts. Major players in the passenger aircraft market are The Boeing Company, Airbus SE, Embraer SA, Bombardier, Textron, Dassault Aviation, Piaggio Aero Industries, Pilatus Aircraft Ltd., Avions de transport regional, ATR, and Commercial Aircraft Corporation of China Ltd. (COMAC). North America was the largest region in the passenger aircraft market in 2022. North America is expected to be the fastest-growing region in the global passenger aircrafts market during the forecast period. The regions covered in the global passenger aircrafts market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the passenger aircraft market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The passenger aircraft market consists of sales of aircraft of various types and sizes for passenger transportation. The market includes MRO (maintenance, repair, and overhaul) services provided by manufacturers during the aircraft’s warranty period. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global passenger aircrafts market is segmented - 1) By Type: Single-Aisle Aircraft, Twin-Aisle Aircraft, Regional Jets, Business Jets 2) By Aircraft Type: Fixed-Wing Aircraft, Rotorcraft 3) By Engine Type: Turbofan, Turboprop, Turboshaft 4) By Carrier Type: Full-Service Carrier, Low-Cost Carrier

A fighter aircraft is a fixed-wing aircraft designed for air-to-air combat against other aircraft. The components of the subsystems of fighter aircraft include the fuselage, the wings, the horizontal tail, the vertical tail, and the propulsion system. The main types of fighter aircraft are conventional take-off and landing, short take-off and landing, and vertical take-off and landing. Aircraft that can hover, take off, and land vertically are classified as vertical takeoff and landing aircraft. The various systems involved are the airframe, engine, avionics, landing gear system, a weapon system that is used in homeland security and defense, and others. The fighter aircraft market research report is one of a series of new reports from The Business Research Company that provides fighter aircraft market statistics, including fighter aircraft industry global market size, regional shares, competitors with a fighter aircraft market share, detailed fighter aircraft market segments, market trends and opportunities, and any further data you may need to thrive in the fighter aircraft industry. This fighter aircraft market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global fighter aircrafts market size will grow from $111.85 billion in 2022 to $122.11 billion in 2023 at a compound annual growth rate (CAGR) of 9.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global fighter aircrafts market size is expected to grow to $156.98 billion in 2027 at a CAGR of 6.5%. Countries across the globe are striving to enhance their aerial combat capabilities for increased airborne security. The growing emphasis on airborne security is expected to boost the demand for fighter aircraft, thereby propelling the growth of the fighter aircraft market. According to the Air Force Technology, in July 2020, the government of India approved the purchase of 33 fighter aircraft to strengthen its air force capabilities during the ongoing standoff with Chinese forces on the Line of Actual Control (LAC) in Ladakh. The acquisition was cleared by the Defence Acquisition Council (DAC) and included 12 Su-30 MKI and 21 MIG-29 aircraft. Moreover, the DAC also approved the modernization of 59 existing MIG-29 aircraft. The development and adoption of autonomous aircraft are projected to limit the growth of the fighter aircraft market over the forecast period. Unmanned aerial vehicles are equipped with onboard computers that are controlled remotely by ground-based controllers. India is one of the fastest-growing markets for unmanned aerial vehicles and a leading importer of UAVs for military purposes globally. The customer-focused innovation in UAV technology and the rise in demand for UAVs for surveillance applications are expected to restrain the growth of the fighter aircraft market in the near future. Major players operating in the fighter aircraft industry are focusing on automation in the manufacturing line to reduce manufacturing time and labor costs, which is likely to be a leading trend in the fighter aircraft market. For instance, in April 2021, Korea Aerospace Industries, a South-Korea-based aerospace and defense company, declared that it will spend $88.3 million to create a unique smart manufacturing system, using it initially to produce KF-21 Boramae fighter planes. The fourth industrial revolution's digital technologies, such as artificial intelligence and big data analytics, will be the foundation of the smart manufacturing system. The sole aircraft manufacturer in the country claims that by 2023, it will create a smart manufacturing system and implement it across all of its business locations. In April 2020, Raytheon Company, a USA-based technology company specializing in defense, homeland security, and other government markets, merged with United Technologies Corporation for an undisclosed amount. The merged company, which is newly formed, is known as Raytheon Technologies Corporation and it will combine its predecessor’s legacy expertise in aeronautics, defense weapons, cybersecurity, and information technology across its four business segments, including Collins Aerospace Systems, Pratt & Whitney, Raytheon Intelligence & Space, and Raytheon Missiles & Defense. Major players in the fighter aircraft market are Lockheed Martin Corporation; Airbus SE; The Boeing Company; BAE Systems; Russian Aircraft Corporation MiG; Saab; Dassault Aviation SA; PJSC Sukhoi Company; KAI; Hindustan Aeronautics Limited; Alenia Aermacchi; Shenyang Aircraft; United Aircraft Corporation and Chengdu Aircraft Industrial Group Co. Ltd. Asia-Pacific was the largest region in the fighter aircraft market in 2022. Western Europe is expected to be the fastest-growing region in the global fighter aircrafts market during the forecast period. The regions covered in the global fighter aircrafts market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the fighter aircraft market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK and USA. The fighter aircraft market consists of sales of fighter aircraft such as air superiority fighter, fighter-bomber, heavy fighter, interceptor, and light fighter. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global fighter aircrafts market is segmented - 1) By Type: Conventional Take-Off and Landing, Short Take-Off and Landing, Vertical Take-Off and Landing 2) By Application: Homeland Security, Defense, Other 3) By System: Airframe, Engine, Avionics, Landing Gear System, Weapon System

The commercial aircraft refers to civilian and commercial aircraft used for commercial purposes such as passenger and cargo transportation. The main components of commercial aircraft include fuselage, wings, cockpit, engine, propeller, tail assembly, and landing gear. The different types of commercial aircraft are passenger aircraft, commercial helicopters, commercial gliders and drones, aircraft turbines, aircraft engines, and rocket engines. A rocket engine is a component of a propulsion system that uses the combustion of reactive chemicals to supply the necessary energy to run the rocket. The various types of engines used include Turbofan, Turboprop, and Turboshaft, and the size differs from wide-body, narrow-body, regional, and others. The aircraft are operated in autonomous and manual modes that are used by the government and private sector. The commercial aircraft market research report is one of a series of new reports from The Business Research Company that provides commercial aircraft market statistics, including commercial aircraft industry global market size, regional shares, competitors with a commercial aircraft market share, detailed commercial aircraft market segments, market trends and opportunities, and any further data you may need to thrive in the commercial aircraft industry. This commercial aircraft market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global commercial aircraft market grew from $173.36 billion in 2022 to $177.25 billion in 2023 at a compound annual growth rate (CAGR) of 2.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The commercial aircraft market is expected to grow to $240.43 billion in 2027 at a CAGR of 7.9%. Legal authority allowing the use of drones for commercial use is being extended more widely, increasing a potential revenue channel for aircraft manufacturers. For example, the US Federal Aviation Authority issued a rule allowing the use of drones for commercial purposes under certain conditions without a special waiver that was expensive and time-consuming to obtain that severely restricted the use of drones. Relaxation of the regulations is expected to aid the market for commercial drones in the forecast period. Many other countries follow the FAA's regulatory lead to clear commercial drones for take-off not just in the USA but worldwide. Combined with the launch of reliable and stronger drones specifically for commercial use, such as the drones manufactured by a Chinese company, DJI, and public sales of commercial drones, these are expected to drive rapid growth in the drone segment of the commercial aircraft manufacturing market. The outbreak of COVID-19 disease (COVID-19) has acted as a massive restraint on the commercial aircraft manufacturing market in 2020 as supply chains were disrupted due to trade restrictions and manufacturing was affected due to lockdowns imposed by governments globally. COVID-19 is an infectious disease with flu-like symptoms including fever, cough, and difficulty breathing. The virus was first identified in 2019 in Wuhan, Hubei province of the People’s Republic of China, and has spread globally, including Western Europe, North America, and Asia. Defense equipment manufacturers depend on the supply of raw materials and parts from different countries across the globe. As many governments restricted the movement of goods across countries, manufacturers had to halt production due to a lack of parts and raw materials. The outbreak had a negative impact on businesses throughout 2020 and into 2021. However, it is expected that the commercial aircraft manufacturing market will recover from the shock over the forecast period as it is a "black swan" event and not related to ongoing or fundamental weaknesses in the market or the global economy. Aircraft manufacturers are using machine-learning techniques such as artificial intelligence (AI) to improve aircraft safety and quality and to improve manufacturing productivity. Machine learning algorithms collect data from machine-to-machine and machine-to-human interfaces and use data analytics to drive effective decision-making. These technologies optimize manufacturing operations and lower costs. For example, GE Aviation uses machine learning and data analytics to identify faults in engines, which increases component life and reduces maintenance costs. Boeing has successfully built machine-learning algorithms to design aircraft and automate factory operations. Major companies in the commercial aircraft market include Airbus Group SE, Raytheon Technologies Corporation, The Boeing Company, General Electric Company, General Dynamics, Safran SA, Northrop Grumman Corp, Lockheed Martin Corporation, IHI Corp, and Bombardier Inc. North America was the largest region in the commercial aircraft market in 2022. North America is expected to be the fastest growing region in the forecast period. The regions covered in the commercial aircraft market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the commercial aircraft market report are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela and Vietnam. The commercial aircraft market consists of sales of commercial aircraft of various types such as piston aircraft, light jets, and heavy jets. The market includes MRO (maintenance, repair, and overhaul) services provided by manufacturers during the aircraft’s warranty period. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global commercial aircraft market is segmented - 1) By Type: Passenger Aircrafts, Commercial Helicopters, Commercial Gliders and Drones, Aircraft Turbines, Aircraft Engines, Rocket Engines 2) By Engine Type: Turbofan, Turboprop, Turboshaft 3) By Size: Wide-Body, Narrow-Body, Regional, Others 4) By End-User: Government, Private Sector 5) By Operation: Autonomous Aircraft, Manual

The aircraft brake system is a system used to stop a moving aircraft by converting kinetic energy to heat energy through friction between discs located in brake systems in the wheels. The aircraft brake system provides this critical function during take-off, landing, and taxiing to stop the airplanes within the specified length of the runway. The main components in an aircraft brake system are braking system components, brakes, and wheels. The wheels support the entire weight of the aircraft during takeoff and landing. The brake systems of an aircraft are attached to the wheels. There are single-piece and two-piece aircraft wheels with a removable rim which allows the installation access for the tire. The different actuation types include power brake, boosted brake, independent brake and involve various aircraft types such as fixed-wing, rotary wing, unmanned aerial vehicles aircraft. The several break types include carbon breaks, steel breaks, others and are used by various end-users such as commercial aircraft and defense aircraft. The aircraft brake system research report is one of a series of new reports from The Business Research Company that provides aircraft brake system statistics, including aircraft brake system industry global market size, regional shares, competitors with aircraft brake system share, detailed aircraft brake system segments, market trends and opportunities, and any further data you may need to thrive in the aircraft brake system industry. This aircraft brake system research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global aircraft brake system market size grew from $8.72 billion in 2022 to $9.58 billion in 2023 at a compound annual growth rate (CAGR) of 9.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The aircraft brake system market size is expected to grow to $12.44 billion in 2027 at a CAGR of 6.8%. The increase in fleet size of commercial and defense aircraft is expected to propel the growth of the aircraft brake system market going forward. The number of airplanes operated by a certain airline is referred to as the aircraft fleet. As the fleet grows, more braking systems must be installed in the aircraft, and existing braking systems need to be replaced. For instance, according to Boeing, a US-based aerospace company’s commercial market outlook 2021–2040, the global commercial fleet is expected to exceed 49,000 airplanes by 2040. Therefore, the increasing fleet size of commercial and defense aircraft is driving the aircraft braking system market. Strategic partnerships and collaborations are shaping the aircraft brake system market. Strategic partnerships and collaborations facilitate partners to build innovative solutions for their customers, enter into new markets, and pool valuable expertise and resources. For instance, in May 2021, HAECO Group, a Hong Kong-based aircraft engineering company has extended its long-term partnership with AeroLogic GmbH, a Germany-based cargo airline. Under the terms of the deal, HAECO will maintain AeroLogic's Boeing 777-200 freighter fleet, which currently consists of 18 Boeing 777F aircraft. Also, in April 2021, Honeywell, a US-based company that manufactures the aircraft brake system has entered a ten-year license and parts supply agreement with GKN Aerospace’s Fokker Landing Gear business in the Netherlands. Under this partnership, GKN Aerospace will overhaul, repair, and provide maintenance for Honeywell’s brakes and wheels. GKN Ltd is a UK-based company that builds, supplies, and develops innovative aerospace systems, components, and sustainable technologies. In April 2021, Alstom, a France-based rolling stock manufacturing company, acquired Flertex for an undisclosed amount. Through this acquisition, Alstom will expand and strengthen its expertise in braking systems to meet the needs of its customers. Flertex is a France-based company that manufactures brake linings (pads and shoes) for aeronautical braking systems. Major players in the aircraft brake system market are Honeywell International, Safran Landing Systems, Raytheon Technologies, PARKER HANNIFIN CORP, Crane Aerospace & Electronics, Beringer-aero, MATCO Mfg., Grove Aircraft Landing Gear Systems Inc., Jay-Em Aerospace & Machine Inc., Bauer Inc., Nasco Aircraft Brake Inc., Collins Aerospace, and AAR Corp. North America was the largest region in the aircraft brake system market in 2022. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the aircraft brake system market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the aircraft brake system market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The aircraft brake system market consists of sales of single, dual, and multiple disc brake systems.  Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global aircraft brake system market is segmented - 1) By Component: Braking System Components, Brakes, Wheels  2) By Acutation: Power Brake, Boosted Brake, Independent Brake 3) By Brake Type: Carbon Breaks, Steel Breaks, Others 4) By Aircraft Type: Fixed Wing, Rotary Wing, Unmanned Aerial Vehicles 5) By End-User: Commercial Aircraft, Defense Aircraft

Aircraft landing gear is the undercarriage of an aircraft that supports the aircraft to take off, land, and taxi without any damage. It generally consists of structural members, hydraulics, energy absorption components, brakes, wheels, and tires, and provides direct control of the aircraft through the provisions of integrating supportive systems for the aircraft. The main types of aircraft landing gear include main landing gear and nose landing gear. The main landing gear is used to absorb the impact energy of landings in order to reduce the loads delivered to the airframe. Main landing gear refers to landing gear as the two or more large wheels located close to the aircraft’s center of gravity. The main gear is located forward of the center of gravity, causing the tail to require support from a third wheel assembly. The various aircraft types include fixed wing and rotary wing for end users, including OEM and aftermarket. The aircraft landing gear market research report is one of a series of new reports from The Business Research Company that provides aircraft landing gear market statistics, including aircraft landing gear industry global market size, regional shares, competitors with aircraft landing gear market share, detailed aircraft landing gear market segments, market trends and opportunities, and any further data you may need to thrive in the aircraft landing gear industry. This aircraft landing gear market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry. The global aircraft landing gear market size grew from $11.77 billion in 2022 to $12.97 billion in 2023, at a compound annual growth rate (CAGR) of 10.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The aircraft landing gear market size is expected to grow to $18.48 billion in 2027 at a CAGR of 9.3%. The increase in procurement of modern generation aircraft is expected to propel the growth of the aircraft landing gear market. Due to increasing demand for commercial and cargo aircraft worldwide and increasing investments in defense equipment across countries, the demand for landing gear is increasing, which is expected to drive the aircraft landing gear market. For instance, in July 2021, a US-based airline company, United Airlines, placed orders for a combined 270 Airbus and Boeing narrow-body jets, including 200 737 Max and 70 A321neos. Thus, the increasing procurement of modern generation aircraft is driving the growth of the aircraft landing market. Technological advancements in the aircraft landing gear are the key trend being followed by the companies operating in the market. Companies are focusing on manufacturing lighter landing gears with lower complexity. For instance, in April 2021, a US-based electric airplane company Metro Hop showcased its concept of Active Landing Gear with electric motors in each wheel. The new system is capable of shortening the takeoff and landing runs of electric airplanes. The lower power requirements and less complexity ensure a lower takeoff weight, leaving capacity for more passengers or cargo. In August 2021, The Precision Aviation Group, Inc., a USA-based provider of products and value-added services to the worldwide aerospace and defense industry, acquired Trace Aviation, Inc. for an undisclosed amount. The deal expands Precision Aviation’s landing gear MRO capabilities and significantly expands the products and services offerings to the existing customers of Precision Aviation. Trace Aviation, Inc. is a USA-based aviation company that focuses on the innovative exchange overhaul of landing gear components. Major players in the aircraft landing gear market are Safran, Collins Aerospace, Liebherr, Sumitomo Precision Products Co. Ltd., Triumph Group, AAR Corporation, CIRCOR International Inc., GKN Aerospace Services Ltd., Magellan Aerospace Corporation, SPP Canada Aircraft Inc., Hawker Pacific Aerospace, Revima Group, Meggitt PLC, Parker-Hannifin Corporation, Crane Co. and Moog Inc. North America was the largest region in the aircraft landing gear market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the aircraft landing gear market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the aircraft landing gear market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The aircraft landing gear market consists of sales of tricycle, tail-wheel (conventional), pontoons, and skis landing gears.  Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global aircraft landing gear market is segmented - 1) By Gear Type: Main Landing Gear, Nose Landing Gear 2) By Aircraft Type: Fixed Wing, Rotary Wing 3) By End User: OEM, Aftermarket