Aerospace, Aircraft, Satellites & Drones (UAV) OVERVIEW
Historically the stuff of fantasy, the development of the commercial space and drone industry of today adds a new dimension to the impact of aerospace in everyday life.
Aerospace plays a vital role in defense industries and military applications; however, our coverage is largely limited to non-defense applications. At Plunkett Research, we estimate the global aerospace market at $1.16 trillion for 2020.
The Satellite Industry Association (SIA) places the global satellite sector at $271 billion for 2020.
About one-half of satellite revenues are for services, such as the satellite support of TV, radio and broadband transmission. The modern roots of the aerospace industry can be traced back to pioneers in engine-powered flight, such as America's Wright brothers, who famously made their first public flight in 1903, staying aloft for 12 seconds and covering 120 feet in distance.
(Brazil-born Alberto Santos-Dumont was also a noted early aircraft inventor.) The British, French and Germans also have lengthy and important histories in flight, including development of massive balloons and dirigibles capable of carrying man over significant distances.
The French also gave the Wright Brothers a badly needed early boost, by purchasing early Wright-manufactured aircraft for military purposes.
Russia and America were both early pioneers in rockets, satellites and space technologies, sometimes utilizing brilliant scientists who had formerly lived in Germany during the 1930s and 1940s.
Israel has been extremely innovative in terms of cost-effective, advanced defense aerospace technologies, largely supported by its government.
Industry Overview Video
WE PROFILE HUNDREDS OF TOP COMPANIES:
- Japan Airlines Co Ltd
- Aer Lingus Limited
- Aeroflot Russian Airlines JSC
- Air Canada
- Air China Limited
- Air New Zealand Ltd
- Air Partner plc
- Air Wisconsin Airlines Corporation
- Alaska Air Group Inc
- Alitalia-Societa Aerea Italiana SpA