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Aircraft Carrier Industry Analysis: Market Size, Share, and Growth Forecast to 2035

Sneha patil
Published on Jan 28, 2026

Market Overview

As per Market Research Future analysis, the Aircraft Carrier Market was estimated at USD 25.54 Billion in 2024 and is projected to reach USD 31.86 Billion by 2035, expanding at a 2.03% CAGR throughout the forecast period.

Introduction

Aircraft carriers play a decisive role in shaping naval doctrines worldwide. Their ability to support sustained air operations makes them vital for deterrence, crisis response, and maritime control. Governments are prioritizing carrier investments to enhance strategic reach and defense readiness.

Market Growth and Trends

Market growth is driven by rising defense expenditure, technological advancements, and fleet replacement programs. Key trends include stealth-enhanced superstructuresadvanced radar systems, and integrated electronic warfare suites. Sustainability and reduced crew requirements are also influencing carrier design.

Key Players

Leading players include Huntington Ingalls IndustriesNavantiaChina State Shipbuilding CorporationBAE Systems, and defense ministry-led shipyards. These entities focus on long-term carrier programs and domestic capability development.

Future Scope

Future developments will emphasize resilient carrier strike groupsspace-enabled situational awareness, and next-generation aviation platforms. As geopolitical uncertainties persist, the aircraft carrier market is expected to remain a stable and strategic defense segment.

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