Aerospace, Aircraft, Satellites & Drones (UAV) Industry Market Research

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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 also 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 $1.1 trillion for 2018.
     The Satellite Industry Association (SIA) places the global satellite sector at $269 billion for 2017, including $15.5 billion for satellite manufacturing and $4.6 billion for the launch industry.
     About one-half, or $128.7 billion, 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.
     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


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