Aerospace Cyber Security Market Introduction and Overview
According to SPER Market Research, the Global Aerospace Cyber Security Market is estimated to reach USD 63.97 billion by 2033 with a CAGR of 8.61%.
The report includes an in-depth analysis of the Global Aerospace Cyber Security Market, including market size and trends, product mix, applications, and supplier analysis. Aerospace cyber security solutions are essentially intricate frameworks designed to ensure the availability, integrity, and confidentiality of sensitive data while safeguarding critical aerospace networks, systems, and data against assaults. These solutions encompass a wide range of instruments, practices, and guidelines that work in concert to establish a defense-in-depth strategy against cyber-attacks targeting aerospace infrastructure. Aerospace cyber security solutions must include advanced threat detection and prevention systems, encryption protocols, secure communication frameworks, and proactive risk management strategies. As digital technologies become more widely utilized in aircraft systems, cyber security solutions become increasingly important in mitigating possible vulnerabilities that malicious actors can exploit.
- January 2023: The Space Attack Research and Tactic Analysis (SPARTA) framework was developed by The Aerospace Corporation in January 2023 to identify the specific threats that hackers may pose to space systems.
- July 2023: Honeywell International announced in July 2023 that it would be acquiring SCADAfence, a well-known supplier of cyber security solutions for Internet of Things (IoT) and operational technology (OT) in wide-net monitoring.
Market Opportunities and Challenges
The aerospace cyber security industry is growing at an accelerating rate as more airports across the globe prioritize infrastructure upgrades to provide a better passenger experience. When it comes to increasing the use of automation throughout the whole airport operation, cyber security is vital. As companies communicate real-time information on flight plans and coordination, they are quickly understanding how important security is. In light of the substantial financial consequences of service disruptions following successful cyber attacks, it is crucial to guarantee secure systems and infrastructure. Demand will be rising as more and more players in the aerospace sector are expressing a willingness to look into any security gaps and fix related vulnerabilities.
Complicated Supply Chain: A complicated web of vendors, collaborators, and contractors supports the aerospace sector. It can be difficult to manage the cyber security threats throughout this broad supply chain since flaws in one system or component might have an impact on the aerospace infrastructure's overall security. Lack of Awareness: Some parties involved in the aerospace sector, especially suppliers and smaller companies, might not be fully aware of the significance of cyber security. This may prevent the implementation of strong security measures and increase their vulnerability to online attacks.
Market Competitive Landscape
Aerospace cyber security experts, technology suppliers, consulting organizations, and defense contractors are important industry participants. Market participants concentrate on innovation, strategic alliances, mergers and acquisitions, and diversifying their service offerings in order to get a competitive edge. Key players are Astronautics Corporation of America, BAE Systems, DXC Technology Company, EUROCONTROL, Honeywell Internatioal,Inc., Lockheed Martin Corporation, Northrop Grumman Corporation, Raytheon Technologies Corporation, Thales Group, The Aerospace Corporation.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2020-2033 |
| Base year considered | 2023 |
| Forecast period | 2024-2033 |
| Segments covered | By Type, By Deployment, By Application, By Component
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| Regions covered | North America, Asia-Pacific, Latin America, Middle East & Africa and Europe
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| Companies Covered | Astronautics Corporation of America, BAE Systems, DXC Technology Company, EUROCONTROL, Honeywell Internatioal,Inc., Lockheed Martin Corporation, Northrop Grumman Corporation, Raytheon Technologies Corporation, Thales Group, The Aerospace Corporation.
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COVID-19 Impact on Global Aerospace Cyber Security Market
The COVID-19 epidemic hastened the development and use of cyber security services in response to the evolving requirements of missions involving monitoring and control. Aerospace cyber security is going to be crucial because of how quickly threats are multiplying. Cybercriminals and rogue governments target this rapidly digitizing world due to its proliferation of channels. The development and deployment of cyber security services by governments to meet the evolving demands of surveillance and control missions has been expedited by the proliferation of COVID-19. Aerospace cyber security will be crucial because of the industry's rapid digitalization across a variety of channels, which makes it a target for rogue governments and cybercriminals. The number of threats to aerospace cyber security is also rapidly increasing.
Key Target Audience
- Aerospace Companies
- Government and Military Organizations
- Airlines and Aviation Service Providers
- Satellite Operators
- Aerospace Component Suppliers
- Cyber Security Firms
- Regulatory Bodies and Standards Organizations
- Research Institutions and Academia
Our in-depth analysis of the Aerospace Cyber Security Market includes the following segments:
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By Type: |
Network Security
Wireless Security
Cloud Security
Content Security
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By Deployment: |
On-Premises
Cloud
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By Application: |
Aircraft
Drones
Satellite
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By Component: |
Services
Solutions
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Key Topics Covered in the Report
- Global Aerospace Cyber Security Market Size (FY’2024-FY’2033)
- Overview of Global Aerospace Cyber Security Market
- Segmentation of Global Aerospace Cyber Security Market By Type (Network Security, Wireless Security, Cloud Security, Content Security).
- Segmentation of Global Aerospace Cyber Security Market By Deployment (On-Premises, Cloud).
- Segmentation of Global Aerospace Cyber Security Market By Application (Aircraft, Drones, Satellite.).
- Segmentation of Global Aerospace Cyber Security Market By Component (Services, Solutions)
- Statistical Snap of Global Aerospace Cyber Security Market
- Expansion Analysis of Global Aerospace Cyber Security Market
- Problems and Obstacles in Global Aerospace Cyber Security Market
- Competitive Landscape in the Global Aerospace Cyber Security Market
- Impact of COVID-19 and Demonetization on Global Aerospace Cyber Security Market
- Details on Current Investment in Global Aerospace Cyber Security Market
- Competitive Analysis of Global Aerospace Cyber Security Market
- Prominent Players in the Global Aerospace Cyber Security Market
- SWOT Analysis of Global Aerospace Cyber Security Market
- Global Aerospace Cyber Security Market Future Outlook and Projections (FY’2023-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data
2.1.2. Primary Data
2.1.3. SPER’s internal database
2.1.4. Premium insight from KOL’s
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges
4.2. COVID-19 Impacts of the Global Aerospace Cyber Security Market.
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths
5.1.2. Weaknesses
5.1.3. Opportunities
5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape
5.2.2. Economic Landscape
5.2.3. Social Landscape
5.2.4. Technological Landscape
5.2.5. Environmental Landscape
5.2.6. Legal Landscape
5.3. PORTER’s Five Forces
5.3.1. Bargaining power of suppliers
5.3.2. Bargaining power of buyers
5.3.3. Threat of Substitute
5.3.4. Threat of new entrant
5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Global Aerospace Cyber Security Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Aerospace Cyber Security Market
7. Global Aerospace Cyber Security Market, By Type (USD Million) 2020-2033
7.1. Global Aerospace Cyber Security Market Size, Share and Forecast, By Type, 2020-2026
7.2. Global Aerospace Cyber Security Market Size, Share and Forecast, By Type, 2027-2033
7.3. Network Security
7.4. Wireless Security
7.5. Cloud Security
7.6. Content Security
8. Global Aerospace Cyber Security Market, By Deployment(USD Million) 2020-2033
8.1. Global Aerospace Cyber Security Market Size, Share and Forecast, By Deployment, 2020-2026
8.2. Global Aerospace Cyber Security Market Size, Share and Forecast, By Deployment, 2027-2033
8.3. On-Premises
8.4. Cloud
9. Global Aerospace Cyber Security Market, By Application (USD Million) 2020-2033
9.1. Global Aerospace Cyber Security Market Size, Share and Forecast, By Application, 2020-2026
9.2. Global Aerospace Cyber Security Market Size, Share and Forecast, By Application, 2027-2033
9.3. Aircraft
9.4. Drones
9.5. Satellite
10. Global Aerospace Cyber Security Market, By Component (USD Million) 2020-2033
10.1. Global Aerospace Cyber Security Market Size, Share and Forecast, By Component, 2020-2026
10.2. Global Aerospace Cyber Security Market Size, Share and Forecast, By Component, 2027-2033
10.3. Services
10.4. Solutions
11. Global Aerospace Cyber Security Market Forecast, 2020-2033 (USD Million)
11.1. Global Aerospace Cyber Security Market Size and Market Share
12. Global Aerospace Cyber Security Market, By Region, 2020-2033 (USD Million)
12.1. Global Aerospace Cyber Security Market Size and Market Share By Region (2020-2026)
12.2. Global Aerospace Cyber Security Market Size and Market Share By Region (2027-2033)
12.3. Asia-Pacific
12.3.1. Australia
12.3.2. China
12.3.3. India
12.3.4. Japan
12.3.5. South Korea
12.3.6. Rest of Asia-Pacific
12.4. Europe
12.4.1. France
12.4.2. Germany
12.4.3. Italy
12.4.4. Spain
12.4.5. United Kingdom
12.4.6. Rest of Europe
12.5. Middle East and Africa
12.5.1. Kingdom of Saudi Arabia
12.5.2. United Arab Emirates
12.5.3. Qatar
12.5.4. South Africa
12.5.5. Egypt
12.5.6. Morocco
12.5.7. Nigeria
12.5.8. Rest of Middle-East and Africa
12.6. North America
12.6.1. Canada
12.6.2. Mexico
12.6.3. United States
12.7. Latin America
12.7.1. Argentina
12.7.2. Brazil
12.7.3. Rest of Latin America
13. Company Profile
13.1. Astronautics Corporation of America
13.1.1. Company details
13.1.2. Financial outlook
13.1.3. Product summary
13.1.4. Recent developments
13.2. BAE systems
13.2.1. Company details
13.2.2. Financial outlook
13.2.3. Product summary
13.2.4. Recent developments
13.3. DXC Technologies
13.3.1. Company details
13.3.2. Financial outlook
13.3.3. Product summary
13.3.4. Recent developments
13.4. EUROCONTROL
13.4.1. Company details
13.4.2. Financial outlook
13.4.3. Product summary
13.4.4. Recent developments
13.5. Honeywell International Inc.
13.5.1. Company details
13.5.2. Financial outlook
13.5.3. Product summary
13.5.4. Recent developments
13.6. Lockheed Martin Corporation
13.6.1. Company details
13.6.2. Financial outlook
13.6.3. Product summary
13.6.4. Recent developments
13.7. Northrop Grumman Corporation
13..1. Company details
13.7.2. Financial outlook
13.7.3. Product summary
13.7.4. Recent developments
13.8. Raytheon Technologies Corporation
13.8.1. Company details
13.8.2. Financial outlook
13.8.3. Product summary
13.8.4. Recent developments
13.9. Thales Group
13.9.1. Company details
13.9.2. Financial outlook
13.9.3. Product summary
13.9.4. Recent developments
13.10. The Aerospace Corporation
13.10.1. Company details
13.10.2. Financial outlook
13.10.3. Product summary
13.10.4. Recent developments
13.11. Others
14. List of Abbreviations
15. Reference Links
16. Conclusion
17. Research Scope
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
