Market Share of Supersonic Jet Industry
The supersonic jet market is highly consolidated. NASA, Lockheed Martin Corporation, Boom Supersonic, Hindustan Aeronautics Limited, and Spike Aerospace Inc. are some of the prominent players in the market. Existing performance limitations such as sonic boom are seen as adoptions as the companies try to make the supersonic jet available to the public and, for that, try to advance the technology. NASA is working on an experimental aircraft, the X-59 Quiet SuperSonic Technology (OueSST), with the goal of making quiet commercial supersonic travel possible. And according to NASA, the first community flight of the X-59 QueSST will take place in 2025. Such innovative technologies will result in the growth of the market during the forecast period.
Supersonic Jet Market Leaders
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Hindustan Aeronautics Limited
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NASA
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Boom Supersonic
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Lockheed Martin Corporation
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Spike Aerospace, Inc.
*Disclaimer: Major Players sorted in no particular order
