The global eVTOL aircraft market size was estimated to be worth USD 1.11 billion in 2020. The market value is expected to increase from USD 5.41 billion in 2023 to USD 23.21 billion in 2028 at a CAGR of 23.13% during 2023-2028. With growing urbanization, traffic congestion is emerging as a major concern. In addition, the rising amount of air pollution is giving rise to the need for smarter and more sustainable transportation solutions.
Information Source:
https://www.fortunebusinessins....ights.com/evtol-airc

The global 5G in aviation market size was USD 0.35 billion in 2020. The market is projected to grow from USD 0.54 billion in 2021 to USD 9.92 billion in 2028 at a CAGR of 47.03% in 2023-2028. This information is published by Fortune Business Insights™, in its report, titled, “5G in Aviation Market, 2023-2028.” As per our analysts, aviation 5G is a fundamental wireless network and communication system joining the aviation substructure and technologies, which produce and transmit data to their users.
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The global power electronics market size was valued at USD 52.70 billion in 2022. The market is projected to grow from USD 61.94 billion in 2023 to USD 153.30 billion by 2030, recording a CAGR of 13.8% during the forecast timeframe of 2023-2030. Various power electronic conversion systems, such as AC to DC, DC to AC, DC to DC, and AC to AC, are used in many applications.
Information Source: https://www.fortunebusinessins....ights.com/power-elec

The global airport security systems market size is projected to reach USD 11.45 billion by the end of 2027. Airport security systems are used to ensure security and safety at airports as well as subsequent flight travels. The increasing awareness regarding security has created several opportunities for the companies operating in the market. The emphasis on airport security has risen dramatically over the past few years.
Information Source:
https://www.fortunebusinessins....ights.com/airport-se

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The global helicopter MRO services market size was USD 7.21 billion in 2020. The market is projected to grow from USD 7.48 billion in 2023 to USD 10.23 billion in 2028 at a CAGR of 4.57% during the 2023-2028 period. The global helicopter MRO services market size is set to gain traction from advanced composite materials and has been instrumental in driving the growth.
Information Source- https://www.fortunebusinessins....ights.com/helicopter

The global aero wing market size is projected to reach USD 20.35 billion by 2028, exhibiting a CAGR of 8.98% during the forecast period. According to a new Fortune Business Insights™ in its report, titled “Aero Wing Market, 2023-2028”, the market value was USD 12.52 billion in 2023. National security concerns and a fierce ambition to enhance their defense capabilities have pushed developing nations such as India and China to aggressively expand their aircraft fleets.
Information Source - https://www.fortunebusinessins....ights.com/aero-wing-

The global business jet market size was USD 25.87 billion in 2021. The market is expected to grow from USD 29.03 billion in 2022 to USD 38.34 billion in 2029, exhibiting a CAGR of 4.06% in 2021-2028. The rising demand for private aviation from consumers and the advent of hybrid-electric aircraft propulsion technology are expected to bolster market progress.
Information Source: https://www.fortunebusinessins....ights.com/industry-r