A supersonic jet can fly faster than the speed of sound (Mach 1). There are various companies such as Boeing (US) venturing into the supersonic jet market with an aim to offer enhanced traveling experience to passengers and reduce the traveling time. For example, in February 2019, Boeing collaborated with Aerion Corporation (US) where Boeing will provide manufacturing, engineering, and flight-testing services for Aerion Corporation’s supersonic business jet. The global supersonic jet is gaining popularity due to increasing air passenger traffic and the growing demand for faster traveling. Additionally, technological advancements are also expected to drive the growth of the market. The evolution of lightweight aerodynamics and composites is also expected to drive market growth.
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Top Key Major Companies :-
1. Boom Technology, Inc.
2. Lockheed Martin Corporation
3. Airbus SAS
4. Aerion Corporation
5. Boeing
6. Spike Aerospace, Inc.
7. TsAGI
8. HyperMach Europe Aeronautics
9. Dassault Aviation
10. Tupolev
