Category: aerospace and defence
The global Aircraft Micro Turbine market size was USD 25.9 million in 2020. The market is projected to grow from USD 29.1 million in 2021 to USD 58.7 million in 2028 at a CAGR of 10.6% in the 2021-2028 period.
This information is published by Fortune Business Insights™ , in its report, titled, “ Aircraft Micro Turbine Market Size, Share, 2021-2028 .”
As per our expert analysts, the market for micro turbine for aviation sector is developing since the past decade. The rising utilization of micro turbines for UAVs and small aircrafts is among the prime aspect, which is said to be accountable for considerable growth in the impending years.
Report Coverage
We conduct our reports based on an exhaustive review approach that precisely emphasizes on providing accurate information. Our experts have imposed a data navigation technique that thereby aids us to offer reliable approximations and examine the general market aspects precisely. Further, our researchers have gained admittance to various international as well as domestically sponsored registers for offering the up-to-date material so that the stakeholders and business experts capitalize only in the fundamental zones.
List of Key Players Covered in the Report
- AeroDesignWorks GmbH (Germany)
- General Electric Company (U.S.)
- Kratos Defense & Security Solutions, Inc. (U.S.)
- PBS Group. a.s. (India)
- Sentient Blue Technologies (Italy)
- Turbotech SAS (France)
- Williams International (U.S.)
Information Source: https://www.fortunebusinessinsights.com/aircraft-microturbine-market-105863
Segmentation
On the basis of engine type, the market is classified into turboshaft, turbojet, and turboprop.
In terms of fuel type, the market is segregated into JET-A-1, diesel, kerosene, natural gas, and sustainable aviation fuel.
Based on the application, the market is categorized into VTOL, Air Taxi, RC planes, and UAVs.
In regards of end-user, the market is bifurcated into military and commercial.
The military segment is anticipated to have a dominant share in the market during the forecast period.
The Aircraft Micro Turbine market has been divided into North America, Europe, Asia Pacific, and the rest of the world.
Driving Factors
Rising Inclination towards Hybrid Electrification & Zero Carbon Emission Initiative to Boost Growth
Research demonstrates that the variety of high battery-powered electrical air vehicles are not compatible with moderately lesser power density of presently obtainable batteries. Basically adding more batteries will lead to the aircraft transforming to be heavy to fly with a practical cargo. The solution is a hybrid system that in turn is set to power the aircraft in flight with battery power offering an elevation during crucial stages such as take-off, hover, and landing. Prime players engaged in the business are capitalizing more in R&D to develop as the forthcoming prime players of hybrid technologies in Aircraft Micro Turbine market.
Regional Insights
North America market size stood at USD 10.2 million in 2020. North America to dominate the market owing to the existence companies, sellers, and suppliers in the U.S and Canada. This region held the largest Aircraft Micro Turbine market share in 2020.
The market Europe is anticipated observe considerable growth owing to majority of prime players and OEMs used to micro turbine manufacturing business belonging to this region.
The market in Asia Pacific is estimated to display significant growth owing to the growing demand for target drones and UAVs.
Competitive Landscape
Crucial Announcements by Fundamental Organizations to Spur Aircraft Micro Turbine Market Growth
The key players implement numerous tactics to boost their position in the market as dominating companies. One such crucial tactic is procuring companies to boost their brand importance among users. Another efficient stratagem is to intermittently unveil inventive products with systematic review of the market as well as its target audience.
Industry Development
September 2021 : DRDO declared that they have positively completed flight-tests high speed dispensable aerial target ABHYAS off Odisha coast. It is driven by a gas turbine engine to withstand a long durable flight at subsonic speed and that the target aircraft is fortified with MEMS (Micro-Electro-Mechanical Systems).
According to the Fortune Business Insights the global satellite payload market size stood at USD 10.73 billion in 2024. The market is poised to expand from USD 12.57 billion in 2025 to USD 16.04 billion by 2032, exhibiting a CAGR of 5.2% over the study period.
Payloads are technological instruments on a satellite that helps in fulfilling the key objectives of a space mission. Communication equipment and scientific equipment are some of the examples. The growing number of endeavors focused on developing satellites equipped with software-defined capabilities is expected to fuel the industry expansion.
Fortune Business Insights™ provides this information in its research report, titled “Satellite Payload Market Size, Share, 2025-2032”.
List of Key Players Mentioned in the Report:
- Airbus S.A.S (Netherlands)
- L3Harries Technologies (U.S.)
- Lockheed Martin Corporation (U.S.)
- Maxar Technologies (U.S.)
- Northrop Grumman Corporation (U.S.)
- Sierra Nevada Corporation (U.S.)
- SpaceX (U.S.)
- ST Engineering (Singapore)
- Thales Group (France)
- The Boeing Company (U.S.)
Source: https://www.fortunebusinessinsights.com/industry-reports/satellite-payload-market-101829
Segmentation:
Imaging Segment Accounted for Leading Share in 2023 Due to Product Deployment in Geospatial Data Collection
On the basis of payload type, the market is fragmented into imaging, communication, navigation, and others. In 2023, the imaging segment registered a major share in the global market as these satellites are deployed in key applications in the collection of geospatial data.
Small Segment to Exhibit the Fastest Growth Owing to Extensive Product Usage in Scientific Research and other Applications
By vehicle type, the market is bifurcated into medium-to-heavy and small. The small segment is poised to expand at the fastest rate with growing launch of low-weight satellites across an array of applications such as scientific research, communications, and earth observation.
LEO Segment to Surge at the Fastest Rate Considering the Launch of Various Satellites in this Orbit
Based on orbit, the market is segregated into GEO, LEO, and MEO. The LEO segment held a dominating share in the market in 2023 and is set to exhibit the fastest growth rate over the analysis period owing to rising launch of satellites in LEO orbit.
Telecommunication Segment Recorded the Largest Market Share Driven by Mounting Demand for Space-based Connectivity
On the basis of application, the market for satellite payloads is classified into scientific research, telecommunication, surveillance, weather monitoring, and others. In 2023, the telecommunication segment captured a prominent share in the market. One of the factors auguring well for the segmental expansion is the escalating space-based connectivity demand and the soaring launch of communication satellites for the provision of these services.
Military Segment Led the Market in 2023 Owing to Globally Rising Defense Expenditure
Based on end-use, the market is subdivided into military and commercial. Of these, the military segment recorded a leading share in the market in 2023 owing to soaring global defense expenditure in a bid to strengthen geo-mapping and surveillance activities.
Based on geography, the market for satellite payloads has been studied across Europe, North America, Asia Pacific, and the rest of the world.
Report Coverage:
The report presents an overview of the pivotal industry trends and major driving and restraining factors. The key developments in the market have also been covered in the report. An analysis of the global business landscape based on numerous segments – payload type, vehicle type, orbit, application, end-use, and geography – has also been mentioned in the report.
Drivers and Restraints:
Surge in Industry Size Owing to Increase in Number of Constellation Projects
There has been a rise in investments in satellite constellations by organizations in the public and private sectors. This is fueling the demand for advanced sensors that would help these bodies in informed decision-making. These aspects are poised to propel the product demand, boosting satellite payload market growth.
Nevertheless, issues pertaining to payload malfunctioning affects the success rate of missions, restraining the industry expansion.
Regional Insights:
North America Dominates the Market Due to Surging Launch of Space Missions
The North America market size hit USD 4.19 billion in 2023. The regional satellite payload market share holds a dominant position in the global market. This is mainly favored by the increasing launch of space missions by numerous research organizations.
The Asia Pacific market is anticipated to expand at the fastest rate over the analysis period due to expanding space industry.
Competitive Landscape:
Leading Companies Focus on Product Innovations to Strengthen their Market Share
Major industry players are intent on deploying various strategic steps to increase their market share. One of these initiatives is a greater emphasis on product innovation. The market has also recorded substantial investments in research and development by various players.
Key Industry Development:
November 2023 – Northrop Grumman Corporation announced its completion of thermal vacuum tests on the ASBM (Arctic Satellite Broadband Mission). The constellation is focused on delivering broadband communications for the U.S. Space Force and Space Norway.
The global military protective eyewear market was valued at USD 0.15 billion in 2024 and is projected to grow from USD 0.16 billion in 2025 to USD 0.24 billion by 2032, exhibiting a CAGR of 5.18% during the forecast period.
Military protective eyewear is engineered for battlefield and training environments to shield soldiers’ eyes from ballistic impacts, UV rays, and airborne threats. Built with high-strength polycarbonate lenses, these eyewear systems are designed to endure shrapnel, blast fragments, and rapid shock without compromising vision or safety.
With adjustable, wrap-around frames, non-slip features, and lens interchangeability, modern designs ensure optimal fit and function during dynamic operations. These technologies also enable protection in various lighting conditions, enhancing both usability and situational awareness.
The rising threat of cross-border conflicts and terrorist activities, along with a growing focus on soldier safety and modernization, is propelling demand. Technological advancements continue to elevate eyewear performance, further solidifying their necessity in modern military arsenals.
Key Companies Profiled
BAE Systems (U.S.)
FLIR Systems, Inc. (U.S.)
Elbit Systems Ltd. (Israel)
L3 Technologies, Inc. (U.S.)
Thales Group (France)
Bharat Electronics Limited (BEL) (India)
Harris Corporation (U.S.)
Meopta (Czech Republic)
Revision Military (U.S.)
Oakley, Inc. (U.S.)
Source: https://www.fortunebusinessinsights.com/military-protective-eyewear-market-112835
Market Segmentation
By Device
Tubes or Scopes dominate the device segment due to their integration into modern targeting optics.
Products like Trijicon ACOG with red dot sights, Burris 1-4x24 scopes with Fastfire 3, and Leupold’s "D-Evo" illustrate the segment’s relevance.
Their enhanced optical versatility has boosted operational demand and segment momentum.
Other segments include Cameras and Goggles , supporting broader situational awareness and night operations.
By Technology
The Image Intensifier segment leads the market, driven by demand for enhanced night vision capabilities.
Widely used in night vision goggles and weapon sights, this technology offers superior visibility in low-light conditions.
Growth is supported by increasing defense budgets and soldier modernization programs.
Thermal Imaging technology also holds a significant share, offering value in heat signature detection in complex environments.
By Application
The Naval Tracker segment leads in revenue due to its ability to provide precise navigational and environmental data, including atmospheric pressure and wave intensity.
Other key applications include Gunner Sights , Driving Sights , and Infantry Weapon Sights , all critical for combat visibility and targeting accuracy.
Market Dynamics
Drivers
Innovations in Materials : New materials like ballistic-resistant polycarbonate, anti-fog coatings, and enhanced UV filters have greatly improved performance.
Growing Awareness : Increasing recognition of eye protection in hazardous military environments is supporting broader adoption.
Challenges
High Production Costs : Use of advanced materials and technologies inflates manufacturing costs, posing budgetary constraints.
Supply Chain Issues : Difficulty in sourcing specialized materials and meeting defense-grade certification requirements hampers scaling and procurement.
Opportunities
Rising Global Demand : Intensifying regional conflicts and security threats are prompting higher adoption of advanced protective eyewear by military forces.
Civilian Market Potential : Expanding into hazardous civilian sectors (e.g., law enforcement, security contractors) opens additional revenue channels.
Restraints
Costly Certifications : Strict environmental and ballistic certifications are resource-intensive and slow market entry.
Design Limitations : Balancing protection with comfort and visibility in harsh field conditions remains a manufacturing challenge.
Regional Outlook
North America , led by the United States , holds the largest market share due to its high defense spending, rigorous safety protocols, and robust modernization efforts. The region also benefits from the presence of key industry players and aggressive adoption of multi-functional protective systems. The U.S. continues to invest in advanced protective technologies to improve troop survivability and battlefield readiness.
Recent Industry Developments
November 2024 – Revision Military secured a multi-year framework contract with the NATO Support and Procurement Agency (NSPA) to supply a range of high-performance ballistic and laser protective eyewear to NATO member states.
November 2024 – Gentex Corporation was awarded the U.S. Air Force Aircrew Laser Eye Protection (ALEP) Night Spectacle contract. This contract covers the design and manufacturing of Block III Night Spectacle laser protective eyewear for aircrew operations.
Military Tactical Vest Market Forecast, Size, Analysis & Key Players 2025–2032
By Rishika19, 2025-06-10
The global military tactical vest market size was valued at USD 2.20 billion in 2024 and is projected to grow to USD 2.40 billion in 2025, reaching USD 3.76 billion by 2032, at a CAGR of 6.08% during the forecast period.
Military tactical vests—ranging from ballistic to medical variants—are critical components of modern combat gear. These vests are designed to provide enhanced protection, functionality, and mobility for military and security personnel. Ballistic vests, known as bulletproof vests, shield against projectiles and explosive fragments, while military medical vests are equipped for emergency field care with compartments for essential supplies.
Competitive Landscape
Key Players
Point Blank Enterprises (U.S.)
Safariland LLC (U.S.)
Guangzhou LUPU Travel Product Co., Ltd. (China)
MKU Ltd. (India)
Warrior Assault Systems (U.K.)
Eagle Industries (U.S.)
CCA – Combat Clothing Australia (Australia)
Marom Dolphin (Israel)
EnGarde Body Armor (Netherlands)
Direct Action (Poland)
These companies focus on innovations in ballistic protection, durability, weight reduction, and modularity. Industry leaders such as DuPont (Kevlar) and Honeywell (Spectra Shield) continue to drive material innovation.
Source: https://www.fortunebusinessinsights.com/military-tactical-vest-market-112829
Market Segmentation
The military tactical vest market is segmented by type, material, end user, and distribution channel. By type , plate carrier vests dominate the market due to their robust protection capabilities in active combat situations. These are widely used by military forces as they accommodate ballistic plates essential for front-line defense. Other types include chest rigs , load-bearing vests , and general-purpose combat vests , each designed for specific operational requirements based on mission flexibility, mobility, and load distribution.
By material , nylon holds the leading position owing to its excellent strength-to-weight ratio, making it ideal for military use. Variants such as ballistic nylon and Cordura are especially valued for their abrasion resistance and long-lasting performance. Polyester is also widely used due to its moisture-wicking and fast-drying properties, contributing to soldier comfort in varied climates. Cotton provides breathability and comfort but is less durable, making it less favorable for high-intensity operations. Meanwhile, leather , though traditional, continues to be used in specific applications for its durability and impact resistance.
By end user , military personnel represent the largest segment, driven by increasing defense budgets, modernization programs, and the growing need for advanced protective equipment. Law enforcement bodies and private security services also contribute significantly to demand, requiring high-performance gear in response to growing security challenges. Additionally, civilians —particularly outdoor enthusiasts and individuals focused on personal defense—make up a growing niche within the market, reflecting the broader application of tactical gear beyond the battlefield.
By distribution channel , direct sales lead the market, allowing manufacturers to provide tailored solutions to military and government agencies with specific needs. The rise of online retail has also contributed to market expansion, offering convenient access to tactical gear for a broader audience. Distributors play a key role in supporting product availability across diverse regions, while retail stores maintain relevance by offering physical access to products for inspection and fitting, especially in civilian and paramilitary markets.
Market Dynamics
Market Drivers
Rising defense budgets across nations.
Ongoing military modernization programs.
Demand for next-gen protective gear due to evolving threats.
Market Restraints
Budget limitations , especially in developing regions.
Export controls and regulations , restricting international partnerships.
Market Opportunities
Integration of smart technologies like health monitoring and communication systems.
Expansion into emerging markets with localized customization.
Modular, flexible vests that adapt to diverse mission requirements.
Market Challenges
High R&D costs for advanced materials and technology integration.
Technical limitations in embedding electronics without compromising protection or adding weight.
Regional Outlook
North America , especially the United States , dominates the market. The region benefits from:
The world’s largest defense budget.
Cutting-edge military R&D.
A well-established manufacturing base.
Growth is anticipated across Europe and Asia-Pacific due to military upgrades and security concerns, with Germany, France, India, and China making notable investments.
Recent Developments
March 2025 – Mehler Protection secured a continued contract with Bundeswehr Bekleidungsmanagement GmbH to supply body armor to German Special Forces, including the Kommando Spezialkräfte (KSK).
February 2025 – A consortium including NFM Group , Cooneen Protection Ltd , and NFM Production Sp. z o.o. won a contract from the French Ministry of Interior to supply bulletproof and tactical vests to French security forces.
The global aviation emission control market was valued at USD 834.4 million in 2024 and is projected to reach USD 1,425.9 million by 2032, growing at a CAGR of 7.17% during the forecast period. This market centers on technologies and strategies aimed at reducing carbon and other harmful emissions from the aviation sector, gaining momentum due to increasing environmental concerns, international sustainability commitments, and stricter regulations from agencies such as the International Civil Aviation Organization (ICAO).
With aviation contributing significantly to global greenhouse gas (GHG) emissions, controlling emissions has become critical. According to ICAO, air traffic emissions in 2023 accounted for 2.5% of radiative forces caused by human activities, prompting an urgent need for emissions control. Despite growth potential, the market faces challenges due to the high costs of R&D and regulatory complexities associated with new technology development.
Key Companies:
- Rolls-Royce PLC (UK)
- Pratt & Whitney (RTX Corporation) (U.S.)
- Safran S.A. (France)
- Airbus SE (France)
- Textron Aviation Inc. (U.S.)
- British Airways (UK)
- Embraer S.A. (Brazil)
- GE Aerospace (U.S.)
- Gulfstream Aerospace Corporation (U.S.)
- Air Canada (Canada)
These companies are focused on developing alternative fuels , enhancing engine efficiency , and engaging in cross-industry collaborations to fast-track sustainable aviation innovations.
Source: https://www.fortunebusinessinsights.com/aviation-emission-control-market-108227
Market Segmentation
By Operations
The aviation emission control market is segmented into flight operations and airport operations. In 2024, the flight operations segment held the dominant share and is expected to continue leading throughout the forecast period. This growth is largely driven by increasing government initiatives and substantial investment in research and development (R&D) of green propulsion technologies, particularly hydrogen and electric-powered aircraft. Notably, a memorandum of understanding (MoU) between Airbus and the Japanese government highlights the industry's shift toward hydrogen integration in both flight and airport operations, underscoring the global commitment to sustainable aviation.
By Emission Type
Based on emission type, the market is categorized into Scope 1, Scope 2, and Scope 3 emissions. Among these, the Scope 3 emissions segment emerged as the market leader in 2024. This dominance is attributed to intensifying regulatory pressures, surging fuel costs, and the growing emphasis on sustainable travel practices. Addressing Scope 3 emissions—indirect emissions that occur across the aviation value chain—is vital for achieving the aviation sector’s net-zero goals by 2050. Organizations such as the International Energy Agency (IEA) and the Federal Aviation Administration (FAA) emphasize the importance of coordinated action among all industry stakeholders to manage and reduce these emissions.
By Type
The market is also segmented by type into CO₂ emissions and non-CO₂ emissions. The CO₂ emissions segment holds the largest market share and is anticipated to register the highest compound annual growth rate during the forecast period. This growth is primarily driven by the rising demand for medium- and short-haul flights, which are significant contributors to carbon emissions. Both narrowbody and widebody aircraft used in commercial aviation operations account for a substantial share of global greenhouse gas (GHG) emissions, making CO₂ mitigation efforts central to the industry's environmental strategy.
Market Drivers
1. Environmental Concerns and Regulatory Pressures
As aviation emissions continue to rise, both governments and regulatory bodies are pushing for emission-reduction measures. In 2022, aviation was responsible for about 2% of global energy-related CO₂ emissions , a figure projected to grow if unchecked.
2. Technological Advancements
The adoption of sustainable aviation fuels (SAFs) , electric and hydrogen aircraft , and advanced engine designs are transforming the industry. Regulatory support and private investments are helping accelerate these innovations.
Market Restraints
High R&D Costs and Complex Regulations
Developing and certifying emission control technologies is expensive and time-consuming. Costs include both non-recurring development and recurring manufacturing expenses, often limiting the pace of innovation. Certification pathways can delay market entry and deter investment.
Market Opportunities
Electric and Hydrogen Aircraft Technology
Breakthroughs in clean propulsion systems offer major opportunities:
- Hydrogen Fuel Cells : Enable zero-emission flight with only water vapor as a byproduct.
- Liquid Hydrogen Storage : Optimizes fuel use with high energy density and space efficiency.
- Heat Exchangers : Improve engine performance using hydrogen’s cryogenic properties.
Regional Outlook
North America is expected to maintain a leading position, primarily driven by strict environmental laws and increased adoption of SAFs and clean engine technologies. The U.S. is investing heavily in low-emission aircraft and airport systems, boosting regional market share.
Key Industry Developments
October 2024 – DHL Express and IAG Cargo renewed a contract to use 60 million liters of SAF, reducing GHG emissions by approximately 165,000 metric tons of CO₂e.
- October 2024 – California Air Resources Board (CARB) and Airlines for America (A4A) reached a major agreement to boost SAF supply to 200 million gallons by 2035, targeting 40% of intrastate travel needs.
The global airborne countermeasures market was valued at USD 20.34 billion in 2023 and is projected to grow from USD 22.74 billion in 2024 to USD 31.67 billion by 2032, reflecting a compound annual growth rate (CAGR) of 4.2% during the forecast period. North America led the market with a 35.05% share in 2023, driven by strong defense spending and rapid technological advancements.
Market Overview
Airborne countermeasures are advanced defense systems designed to detect, deceive, and neutralize threats from radar and missile systems, thereby enhancing the survivability of military and civilian aircraft . These systems are vital in modern warfare and perform the following key functions:
Detection of infrared-guided and heat-seeking missiles.
Deception of incoming threats via flares, jammers, and DIRCM systems.
Neutralization of missile threats by disrupting or destroying their guidance mechanisms.
Enhanced situational awareness through integrated warning systems.
The market is undergoing rapid transformation, fueled by the integration of Electronic Warfare (EW) suites , Common Infrared Countermeasures (CIRCM) , Directional Infrared Countermeasures (DIRCM) , and emerging sensor technologies like multi-band lasers and high-resolution imaging systems.
Key Players
Major companies driving the airborne countermeasures market include:
Lockheed Martin Corporation (U.S.)
Raytheon Technologies Corporation (U.S.)
Northrop Grumman Corporation (U.S.)
BAE Systems plc (U.K.)
Elbit Systems Ltd. (Israel)
Israel Aerospace Industries (IAI) Ltd. (Israel)
Thales Group (France)
Leonardo S.p.A. (Italy)
Saab AB (Sweden)
Bird Aerosystems Ltd. (Israel)
L3Harris Technologies Inc. (U.S.)
ASELSAN A.Ş. (Turkey)
These players focus on R&D and product innovation, incorporating technologies such as AI, laser systems, and miniature EW devices to maintain competitive advantage.
Source: https://www.fortunebusinessinsights.com/airborne-counter-measures-market-107233
Market Segmentation Overview
By Product
The Directional Infrared Countermeasures (DIRCM) segment led the global airborne countermeasures market in 2023. This growth is attributed to rising military modernization initiatives, the growing threat of infrared-guided missiles, and innovations in countermeasure systems. DIRCM systems are increasingly benefiting from the integration of artificial intelligence, high-powered laser technologies, and miniaturization, making them more efficient and suitable for both legacy and new-generation aircraft fleets worldwide. Other key product segments include Common Infrared Countermeasures (CIRCM), jammers, self-protection electronic warfare (EW) suites, Identification Friend or Foe (IFF) systems, Missile Approach Warning Systems (MAWS), Laser Warning Receivers (LWR), Radar Warning Receivers (RWR), and Electronic Counter Countermeasure (ECCM) systems.
By Application
The jamming segment accounted for the largest share of the market in 2023 and is expected to retain its dominance throughout the forecast period. The segment’s growth is fueled by rapid advancements in electronic warfare (EW) technologies, especially digital radio frequency memory (DRFM) jamming systems. These innovations are critical in countering advanced radar and missile threats. For instance, in October 2024, Raytheon secured a USD 192 million contract from the U.S. Navy to develop the Next-Generation Jammer Mid-Band Expansion (NGJ-MBX), which will be integrated into the EA-18G Growler to address evolving RF and microwave threats. Additionally, in November 2024, BAE Systems and Collins Aerospace entered into a partnership to co-develop next-generation jamming technologies for combat aircraft.
By Platform
The military aircraft segment is projected to exhibit the highest compound annual growth rate (CAGR) during the forecast period. This growth is driven by the growing need to enhance aircraft survivability and integrate next-generation countermeasure systems across tactical and strategic platforms. Countries are increasingly equipping their fighter jets and surveillance aircraft with advanced EW systems to protect against emerging threats. In June 2023, Elbit Systems introduced the ECM-Nano SPEAR, a lightweight electronic countermeasure system equipped with digital receivers and RF memory, designed for seamless integration into existing military aircraft platforms.
Market Dynamics
Drivers
The airborne countermeasures market is witnessing significant growth due to rising investments in research, development, testing, and evaluation (RDT&E), the procurement of next-generation airborne platforms, and sustained military modernization programs. With direct military conflicts and asymmetric warfare on the rise, nations are actively investing in countermeasure systems that can shield aircraft from radar-guided and infrared (IR) missile threats. Defense companies are responding by launching more compact, digital, and AI-enhanced systems tailored to modern battlefield needs. A notable example includes the June 2023 launch of the ECM-Nano SPEAR by Elbit Systems, showcasing the industry shift toward miniaturized and high-performance electronic warfare solutions.
Restraints
One of the major challenges facing the airborne countermeasures market is the rapid advancement of missile technologies , including the development of precision-guided munitions and hypersonic weapons. These evolving threats require highly advanced and adaptive countermeasure systems, putting immense pressure on defense contractors to innovate at an accelerated pace. For example, in January 2023, the U.S. Department of Defense increased its missile defense budget by 12%, signaling a heightened urgency to develop technologies capable of neutralizing these sophisticated threats.
Opportunities
There is significant growth potential in the integration of Artificial Intelligence (AI) and Machine Learning (ML) into airborne countermeasure systems. These technologies enable faster detection, classification, and response to threats, greatly improving operational efficiency and effectiveness. AI-driven systems reduce reliance on manual intervention, allowing for more autonomous and responsive threat neutralization. In April 2023, L3Harris Technologies launched an AI-based electronic warfare system tailored for military aircraft, capable of real-time threat assessment and automatic deployment of countermeasures, setting a benchmark for future innovations in the sector.
Regional Insights
North America
North America remained the largest regional market in 2023, supported by:
High defense expenditure
Leading defense contractors (e.g., Lockheed Martin, Northrop Grumman, Raytheon)
Extensive adoption of advanced countermeasure systems across fixed- and rotary-wing platforms
The U.S. military continues to invest in MANPADS protection , DIRCM systems , and next-generation jammers for frontline and support aircraft.
Recent Developments
November 2024 – Elbit Systems Ltd. secured a five-year contract from Airbus Defense and Space to supply DIRCM and IR missile warning systems for Canada's MRTT A330 refueling aircraft.
November 2024 – RTX Corp. (Raytheon) was awarded a USD 192 million contract by the U.S. Navy to expand its Next Generation Jammer Mid-Band (NGJ-MB) capabilities under the new NGJ-MBX program.
The global targeting pod market was valued at USD 2,598.3 million in 2024 and is projected to expand from USD 2,709.6 million in 2025 to USD 3,624.2 million by 2032, registering a CAGR of 4.24% throughout the forecast period. North America held the highest market share in 2024, accounting for 35.18%, primarily driven by growing defense modernization programs and adoption of advanced aerial warfare systems.
Market Overview and Growth Factors
The targeting pod market is on a trajectory of steady growth due to a global push for precision targeting and enhanced situational awareness across air-based platforms. Governments worldwide are investing in upgraded electro-optical and infrared systems to enhance their air forces’ operational efficiency and targeting capabilities.
A notable example includes the U.S. Air Force’s USD 1.3 billion contract awarded to Northrop Grumman in January 2019 for supplying Litening Advanced Targeting Systems and related support services.
The ongoing Russia–Ukraine conflict has further intensified the urgency for aerial platform upgrades, pushing many nations to incorporate high-end targeting pods capable of functioning effectively in complex and extreme operational conditions.
Key Companies in the Targeting Pod Market:
Lockheed Martin Corporation (U.S.)
Teledyne FLIR LLC (U.S.)
RTX Corporation (U.S.)
Northrop Grumman Corporation (U.S.)
ASELSAN A.S. (Turkey)
Thales Group (France)
Israel Aerospace Industries (IAI) (Israel)
Rafael Advanced Defense Systems Ltd. (Israel)
L3Harris Technologies (U.S.)
MOOG Inc. (U.S.)
Ultra Electronics Holdings (U.K.)
FLIR Systems (U.S.)
BAE Systems plc (U.K.)
General Dynamics Corporation (U.S.)
Source: https://www.fortunebusinessinsights.com/targeting-pod-market-102671
Market Segmentation
By Type:
The targeting pod market is segmented into FLIR & Laser Designator Pods, Laser Designator Pods, FLIR Pods, and Laser Spot Tracker Pods. Among these, FLIR & Laser Designator Pods held the largest market share in 2024 and are expected to maintain their dominance throughout the forecast period. Their ability to provide high-resolution thermal imagery combined with real-time laser designation offers a strategic advantage in both air-to-air and air-to-ground targeting missions. Their reliability in low-visibility and all-weather conditions makes them a preferred choice for modern air combat systems.
By Component:
Based on components, the market is categorized into FLIR Sensors, Charge Coupled Device (CCD) Cameras, Environmental Control Units (ECU), Moving Map Systems (MMS), Digital Data Recorders, Video Data Links, and Processors. In 2024, the FLIR sensor segment accounted for the largest share, driven by its essential role in thermal imaging and surveillance. These sensors enhance visibility in night or obscured environments, significantly improving targeting accuracy. The increasing use of FLIR sensors in military reconnaissance and targeting applications reflects a rising demand for infrared-based detection systems across various defense platforms.
By Platform:
The market is further divided by platform into Combat Aircraft, Unmanned Aerial Vehicles (UAVs), Attack Helicopters, and Bombers. Combat aircraft emerged as the dominant platform segment in 2024 and are projected to retain their lead through 2032. The growth is attributed to the extensive use of manned fighter jets in frontline operations and their critical role in executing precision strikes. Continuous fleet modernization, rising defense expenditures, and the integration of precision-guided munitions (PGMs) have significantly driven the demand for advanced targeting pods in this segment.
Market Dynamics
Drivers
Rising defense budgets and modernization efforts are fueling market expansion.
Widespread use of targeting pods across multiple platforms—from fighter jets to UAVs —broadens application scope.
Innovations in laser guidance, EO/IR imaging , and automated threat detection are improving overall system capabilities.
For instance, in September 2024 , the Pentagon granted Lockheed Martin a USD 5.1 billion contract for Block 4 upgrades to the F-35 Lightning II, including enhancements to the Electro-Optical Targeting System (EOTS) . This underlines the strategic importance of targeting pods in next-generation aerial platforms.
Restraints
High R&D and procurement costs remain a major constraint, especially for nations with limited defense budgets.
Complex integration requirements with legacy systems and the need for frequent technological upgrades make it challenging for smaller vendors to enter the market.
Maintenance expenses and long development cycles can slow adoption in cost-sensitive regions.
Regional Insights
North America
North America remains the largest and most technologically advanced market for targeting pods. In 2024, the U.S. continued to lead the region with major investments in UAVs and fighter jet modernization programs. American defense contractors are actively retrofitting legacy platforms and integrating AI-based target recognition systems to enhance situational awareness and combat effectiveness.
Other Notable Regions
Europe is seeing growth due to NATO-led defense initiatives and increased border surveillance.
Asia-Pacific is emerging as a promising region with countries like India, China, and South Korea investing in indigenous fighter programs and drone fleets.
Competitive Landscape
Major industry participants are focusing on incorporating advanced technologies, including AI, machine learning, and electronic warfare (EW) systems , to improve pod performance and accuracy. These efforts are aimed at ensuring higher mission success rates and increasing adaptability to rapidly changing battlefield environments.
Recent Industry Developments
October 2024 – Lockheed Martin received a USD 90.68 million contract through U.S. Foreign Military Sales to supply Sniper Advanced Targeting Systems (ATS) for Poland’s F-16 and FA-50 aircraft.
May 2024 – The Malaysian government awarded an USD 80 million contract to Lockheed Martin and Boeing to procure 10 AN/AAQ-33 Sniper ATS units for its F/A-18D platforms.
The global drone motor market was valued at USD 6,340.3 million in 2024 and is projected to reach USD 13,398.1 million by 2032 , growing at a CAGR of 10.33% over the forecast period. This robust growth is driven by increasing adoption of unmanned aerial vehicles (UAVs) across commercial, defense, and industrial applications, as well as technological advancements in motor efficiency and performance.
Market Overview and Motor Functionality
Drone motors are essential components of UAVs, transforming electrical energy into mechanical thrust that enables drones to take off, hover, and maneuver. Typically mounted on the drone's arms, motors are connected to propellers that produce lift through rapid spinning. Flight states—such as ascent, descent, or turning—are controlled by varying motor speeds.
There are two primary types of UAV motors:
- Brushed Motors: Cost-effective and suitable for entry-level or toy drones, offering simple construction.
- Brushless Motors (BLDC): Preferred for high-performance drones due to their efficiency, precision, and durability. These motors feature a stator (with wire coils), a rotor (with permanent magnets), bearings to reduce friction, and an electronic controller for speed regulation.
Key Companies in the Drone Motor Market
- DJI (China)
- Hacker Motor GmbH (Germany)
- KDE Direct (U.S.)
- Parrot Drone SAS (France)
- T-Motor (China)
- Nidec Corporation (Japan)
- Neumotors (U.S.)
- Faulhaber Group (Germany)
- Sunnysky Motors (China)
- Mad Motor Components Co., Ltd. (China)
Source: https://www.fortunebusinessinsights.com/drone-motor-market-110736
Market Segmentation Overview
The drone motor market is segmented by motor type, drone type, and power capacity, each playing a pivotal role in determining the operational capabilities and application range of UAVs.
By Motor Type , the market is categorized into brushless motor, brushed motor, and others . In 2024, the brushless motor segment accounted for the largest share and is expected to remain the fastest-growing through 2032. The high efficiency of brushless motors, owing to their frictionless design, allows for better energy conversion, reduced power loss, and extended flight durations. These features make them the preferred choice for high-performance drones used in professional and industrial applications.
By Drone Type , the market includes fixed wing, rotary wing, and hybrid drones. The fixed-wing segment held the dominant market share in 2024 and is projected to register the highest growth during the forecast period. Fixed-wing UAVs offer longer flight times and higher efficiency over large distances, making them ideal for extensive surveying, mapping, and surveillance missions, particularly in agriculture, defense, and environmental monitoring.
By Power Capacity , the market is divided into below 50 W, 51 to 100 W, and above 100 W . The 51 to 100 W segment led the global market in 2024 and is expected to maintain its lead in the coming years. Motors in this power range provide an optimal balance between performance and weight, enabling efficient energy use and longer operational periods. These characteristics are critical for commercial drone applications such as infrastructure inspections, crop monitoring, and delivery services.
Market Dynamics
Market Drivers
Surging Investments from Governments and Private Entities
Global investments in UAV technologies, particularly from emerging economies like India, are accelerating market growth. For example, the Indian government introduced a Production-Linked Incentive (PLI) scheme in 2024 aimed at attracting USD 6.7 billion in investments to boost domestic drone production and reduce reliance on imports.
Market Restraints
Thermal Management Challenges Limit Performance
Drone motors—especially high KV (RPM per volt) models—often produce significant heat, which can impair performance and reliability. Inadequate cooling can damage electronic components such as ESCs and batteries, increasing maintenance costs and reducing drone lifecycle.
Regional Insights
North America emerged as the dominant region in 2024 with a valuation of USD 2,891.2 million , driven by widespread adoption of drones for defense and commercial applications. In particular, the U.S. leads in both usage and innovation. For instance, in January 2025 , the U.S. Air Force awarded Firestorm Labs a USD 100 million contract to supply small UAVs and related R&D services—highlighting the region’s focus on strengthening its drone capabilities.
Competitive Landscape
Leading players in the drone motor space are aggressively investing in R&D to enhance motor performance, reliability, and energy efficiency. These innovations directly contribute to extended flight durations, improved payload capacity, and enhanced drone control—key factors in securing a competitive edge in this rapidly evolving market.
Recent Industry Developments
- January 2025 – Red Cat Holdings, Inc. secured USD 518,000 in new orders for its Edge 130 drone from the U.S. Army National Guard and another government agency, reinforcing its position in military drone supply.
- January 2025 – DroneShield Limited signed a USD 9.7 million deal with a Latin American military customer through a local reseller, marking a significant expansion in the regional defense drone and counter-drone systems market.
Synthetic Aperture Radar (SAR) Imagery Market Size, Share, Industry Trends, Forecast, 2024–2032
By Rishika19, 2025-06-04
The global Synthetic Aperture Radar (SAR) imagery market was valued at USD 1,455.5 million in 2024 and is projected to grow from USD 1,589.7 million in 2025 to USD 2,799.3 million by 2032, exhibiting a CAGR of 8.4% during the forecast period.
SAR is a cutting-edge remote sensing technology that generates high-resolution images by emitting microwave signals, making it effective in all weather conditions and lighting environments. It is widely used for surveillance, reconnaissance, precision targeting, and environmental monitoring. Additionally, InSAR (Interferometric SAR) enables precise detection of ground deformation, benefiting applications such as earthquake tracking and subsidence monitoring. The rising demand for real-time monitoring and integration of AI-powered analytics is significantly enhancing SAR data processing efficiency and image interpretation.
Key Companies Profiled:
- ICEYE (Finland)
- Capella Space (U.S.)
- Geocento (U.K.)
- Viridien (France)
- Maxar Technologies (U.S.)
- Satim Inc. (Poland)
- KappaZeta Ltd (Estonia)
- Aloft Sensing, Inc. (U.S.)
- L3Harris Technologies, Inc. (U.S.)
- Airbus S.A.S. (Netherlands)
Source: https://www.fortunebusinessinsights.com/synthetic-aperture-radar-sar-imagery-market-112463
Segmentation Overview:
By Service:
- Information Product (IP)
IP dominated the market owing to technological advancements enabling higher-resolution imaging and broader frequency capabilities. These products are gaining traction not just in defense, but also in finance and insurance for flood monitoring, infrastructure evaluation, and risk management.
By Resolution:
- Very High Resolution (VHR)
VHR SAR imagery (finer than 1 meter) led the market in 2024, primarily due to its essential role in defense and intelligence , urban planning , and infrastructure monitoring . The recent launch of ICEYE’s Gen3 satellites with 50 cm resolution has set new industry benchmarks.
By Industry:
- Defense & Intelligence
This segment accounted for the largest share due to growing global security concerns and the need for uninterrupted high-resolution imaging. SAR systems provide real-time situational awareness , crucial for military operations even in adverse weather and lighting.
Drivers and Restraints:
Emergence of New Satellite Constellations
Rapid deployment of advanced SAR satellites by players like ICEYE and Capella Space is enhancing coverage, reducing revisit times, and improving resolution. ICEYE launched multiple Gen3 satellites in 2023, and Capella is expanding its fleet to cater to growing demand in defense and commercial sectors .
Cloud-Based Accessibility of SAR Data
Cloud platforms are revolutionizing SAR accessibility, allowing small businesses , research institutions , and NGOs to use SAR imagery without needing heavy infrastructure. Features such as automated metadata querying and on-demand processing are increasing SAR adoption across new user bases.
Technological Advancements in Resolution & Frequency
Next-gen SAR systems can now deliver sub-meter resolution , unlocking advanced applications in urban development , environmental tracking , and precision agriculture . These advancements offer new revenue streams and enhance the market’s growth trajectory.
Regional Insights:
North America
North America held the largest market share in 2024, valued at USD 475.8 million , and is expected to maintain its lead. The U.S. Department of Defense , NASA , and private players such as Capella Space and Maxar Technologies are driving strong SAR investments for applications like disaster response , earth observation , and surveillance . Notably, programs like NISAR , a joint NASA–ISRO mission, highlight regional commitment to SAR innovation.
Competitive Landscape:
Key players are focusing on the development of technologically advanced products , expanding satellite constellations, and enhancing analytical capabilities through partnerships. Heavy investments in R&D and strategic funding are enabling companies to stay ahead of evolving customer needs.
Notable Industry Developments:
- September 2024 – Capella Space Corp.
Received a USD 15 million STRATFI award from the U.S. Air Force via AFWERX Ventures to accelerate the development and deployment of next-gen SAR sensors aimed at enhancing military capabilities. - September 2024 – SATIM Partners with Capella Space
SATIM , a leader in object detection and classification software, joined as a Capella Certified Analytics Partner to leverage Capella’s SAR imagery archive and expand its actionable intelligence offerings .
The aircraft turbocharger market size was valued at USD 790.3 million in 2023 and is expected to be worth USD 834.7 million in 2024. The market is projected to reach USD 1,318.2 million by 2032, recording a CAGR of 5.9% during the forecast period.
A turbocharger, simply called a ‘turbo’, refers to a forced induction device that is utilized in Internal Combustion Engines (ICEs), including those used in aircraft. It harnesses the energy from exhaust gases to compress the intake air and boosts the amount of air entering the engine’s combustion chamber. This process enables the engine to generate more power without the need to increase its size. The increasing amount of air traffic is one of the key factors propelling the sales of aircraft turbochargers.
Fortune Business Insights™ displays this information in a report titled, "Aircraft Turbocharger Market Size, Share, Growth, Forecast, 2024-2032."
LIST OF KEY COMPANIES PROFILED IN THE REPORT
- ABB Ltd. (Switzerland)
- Airmark Overhaul, Inc. (U.S.)
- BorgWarner Inc. (U.S.)
- General Electric Company (U.S.)
- Hartzell Engine Technologies LLC (U.S.)
- Honeywell International Inc. (U.S.)
- Kawasaki Heavy Industries, Ltd. (Japan)
- PBS Group, A.S. (Czech Republic)
- Rajay Parts LLC (U.S.)
- Victor Aviation Service, Inc. (U.S.)
Information Source: https://www.fortunebusinessinsights.com/aircraft-turbocharger-market-111198
Segmentation:
Increasing Demand for Fuel-Efficient Engines and Rise in Air Travel Boosts Adoption of Heavyweight Aircraft
Based on platform, the market is segmented into heavyweight aircraft and lightweight aircraft. The heavyweight aircraft segment has held the largest market share due to various factors, such as rising demand for fuel-efficient engines, increase in air travel, and constant introduction of advanced technologies.
Butterfly Valves to Gain Major Traction Due to Their Reliability and Safety
Based on turbocharger type, the market is divided into butterfly valve type and poppet valve type. The butterfly valve type segment is projected to be the leading and fastest-growing segment in the market due to their high safety and reliability features.
Turbines to Become Widely Used Components Due to Innovations in Turbocharger Technology
By component, the market is categorized into compressor, turbine, and waste gate. The turbine segment is projected to capture the largest aircraft turbocharger market share during the forecast period as market players are regularly innovating the turbocharger technology to improve the performance and efficiency of turbines.
With respect to region, the market covers North America, Europe, Asia Pacific, and the rest of the world.
Report Coverage:
The report has conducted a detailed study of the market and highlighted several critical areas, such as leading platforms, turbocharger types, components, and key market players. It has also focused on the latest market trends and the key industry developments. Apart from the aforementioned factors, the report has given information on many other factors that have helped the market grow.
Drivers and Restraints:
Increasing Demand for Fuel-Efficient Aircraft to Boost Product Adoption
An increasing number of aircraft manufacturing companies globally are increasing their efforts to improve the fuel efficiency of their aircraft to decrease their carbon emissions. Another factor that has prompted them to develop fuel-efficient aircraft is the rising fuel prices. Many manufacturers are also designing and producing lightweight aircraft components to reduce the weight of the aircraft, further enhancing their fuel efficiency. These factors are expected to boost the use of aircraft turbochargers as they play a key role in making airplanes more energy efficient.
However, most aircraft engines have a long lifespan, thereby reducing the need for new engines and negatively impacting the aircraft turbocharger market growth.
Regional Insights:
Asia Pacific Dominated the Global Market Due to Rapid Expansion of Aviation Capabilities
Asia Pacific took the center stage in 2023 in the market with major markets such as China, India, South Korea, and Japan expanding their aviation capabilities.
North America is expected to hold the largest market share during the forecast period as the region’s commercial aviation industry is witnessing rapid expansion.
Competitive Landscape:
Leading Companies to Focus On Integrating Innovative Technologies into Their Products to Expand Market Share
The market has the presence of a wide range of leading companies that are focusing on innovating their existing range of aircraft turbochargers by incorporating advanced technologies to improve their efficiency. This move will help them expand their presence in the market and cater to a wider pool of customers.
Notable Industry Development:
November 2023 – StandardAero announced its plans to continue offering its maintenance and repair support services to the P-8A Poseidon maritime patrol and reconnaissance aircraft engines. This decision was in accordance with a potential one-year modification deal offered by the U.S. Navy. The contract was worth USD 209.5 million.



