Latest Global Market Research

The global Artificial Intelligence Software market is expected to grow significantly, from USD 10.1 billion in 2018 to an USD 126 billion by 2025. The AI market covers a wide range of applications such as natural language processing, robotic process automation, and machine learning.  Artificial Intelligence Software   has become an integral part of business software and is projected to continue dominating the software market in the foreseeable future. AI software incorporates machine learning (ML) and deep learning into its functionality with an aim to better automate user tasks, save time & energy, make jobs simpler, and boost productivity. Market Insights Artificial Intelligence Software  is a computer program that impersonates human behavior by learning several data patterns and insights. It is being used by technology firms to design and develop intelligent applications from ground with the help of Machine learning and deep learning capabilities. Artific...

The global  aircraft cabin interiors market  is projected to grow from USD 27.0 billion in 2018 to USD 40.2 billion by 2025, at a CAGR of 5.87% from 2018 to 2025. Increase in the number of new aircraft orders, rise in air passenger traffic, and retrofit activities being carried out for upgrading the existing aircraft are some of the key factors driving the growth of the aircraft cabin interiors market. Based on type, the In-flight Entertainment & Connectivity (IFEC) segment of the aircraft cabin interiors market is projected to grow at the highest CAGR during the forecast period. The in-flight entertainment & connectivity segment of the aircraft cabin interiors market is projected to grow at the highest CAGR from 2018 to 2025. The growth of this segment can be attributed to an increased demand for in-flight entertainment & connectivity systems as they have become an alternate source of income for most of the airlines. The ancillary revenue obtained from...

The global  small arms market  is estimated to reach USD 4.92 Billion by 2020, at a CAGR of 3.8% from 2015 to 2020. This growth can be attributed to the rising commercial use of small arms, combined with the rising incidences of conflicts and terrorism, which are driving the demand for small arms among military forces and law enforcement agencies, globally. This report covers the forecast of the market and its dynamics over the next five years, while also recognizing the market application gaps, recent developments in the market, and high potential countries. The small arms market has been analyzed primarily on the basis of end users (including military, law enforcement, hunting, sports, and self-defense) through the period of 2015 to 2020, considering 2014 as the base year. The global small arms market is dominated by the military end-user segment, as of 2015, and is expected to continue its dominance till 2020. This dominance can be attributed to the rising confl...

The  soldier systems market  is projected to grow from USD 9.78 billion in 2018 to USD 14.14 billion by 2023, at a CAGR of 7.65% from 2018 to 2023. The growth of the soldier systems market can be attributed to the increasing incidences of terrorism and ongoing soldier modernization programs across the globe. Based on end user, the military segment of the soldier systems market is projected to grow at the highest CAGR during the forecast period. Among end users, the military segment is expected to lead the soldier systems market in 2018, and this trend is expected to continue till 2023. The growth of the military segment of the market can be attributed to the fact that military forces across the globe are upgrading their existing soldier systems to enhance the survivability of soldiers. Ongoing soldier modernization programs, increasing cross-border conflicts, and rising number of terrorism-related activities across the globe are also contributing to the growth of...

The global  unmanned ground vehicles market  is projected to grow from USD 2.7 billion in 2018 to USD 7.0 billion by 2025, at a CAGR of 14.81% from 2018 to 2025. Factors, such as the need for increasing operational efficiency, reduced human intervention, and growth in terrorist activities around the world are expected to drive the market. The increasing demand for UGVs in the commercial and defense sectors and technological innovations that have created a demand for UGVs to perform complex operations with minimal human intervention and better safety are the major factors driving the market. By application, the commercial segment expected to lead the UGVs market, during the forecast period Based on application, the UGVs market has been segmented into military, law enforcement, federal law enforcement and commercial. The military segment of the UGV market is projected to grow at the highest CAGR from 2018 to 2025. This growth can be attributed to the increasing d...

The report global  Fixed-wing VTOL UAV Market  is estimated at USD 498 million in 2019 and is projected to reach USD 3,583 million by 2030, at a CAGR of 19.7% from 2019 to 2030. The increasing adoption of fixed-wing VTOL UAVs in commercial and military applications is one of the most significant factors expected to drive the growth of the market due to improved design capabilities of fixed-wing VTOL UAV platforms Based on vertical, the military segment of the fixed-wing VTOL UAV market is projected to grow at the highest CAGR from 2019 to 2030. This growth can be attributed to the increased adoption of fixed-wing VTOL UAVs in military applications. Technological advancements in this platform would be a major driver for the greater adoption of fixed-wing VTOL platforms in intelligence, surveillance, and reconnaissance (ISR), combat operations, and battle damage management. Browse More Insights:  https://www.marketsandmarkets.com/Market-Reports/fixed-wing-vtol...

The global  Digital MRO Market  is projected to grow from USD 1.0 billion in 2019 to USD 4.7 billion by 2030, at a CAGR of 14.6% from 2019 to 2030. This growth can be attributed to the increasing adoption of advanced solutions by small and medium airlines and MROs. Browse 69 market data Tables and 41 Figures spread through 152 Pages and in-depth TOC on "Digital MRO Market - Global Forecast to 2030" Based on technology, the predictive maintenance segment is projected to lead the digital MRO market during the forecast period. Based on technology, the predictive maintenance segment is projected to lead the digital MRO market from 2019 to 2030. Increasing adoption of digital solutions such as digital twin and advanced analytical software for predicting failure by tier one MROs and airlines is expected to drive the market for predictive maintenance. This will decrease the aircraft downtime and inventory sourcing time for MROs. Browse More Data Insights:  ht...

The global  autonomous ships market  is estimated to be USD 6.1 billion in 2018 and is projected to reach USD 13.8 billion by 2030, at a Compound Annual Growth Rate (CAGR) of 7.00% from 2018 to 2030. This market is driven by factors such as the increasing world trade by sea, increasing maritime navigation, increasing demand for automation systems for safety, and growing maritime tourism. The fully autonomous segment to grow at a higher CAGR in the autonomous ships market, among all autonomy level during the forecast period Based on autonomy, the fully autonomous segment is estimated to lead the autonomous ships market during the forecast period. The increasing demand for autonomous ships owing to rising human error-related accidents and increased operational expenditure is expected to drive the market for the full autonomy segment. Increase in the demand for commercial vessels is expected to drive the line fit segment in the autonomous ships market Based on...

The global  aircraft electrification market  is estimated to be USD 3.4 billion in 2022 and is projected to reach USD 8.6 billion by 2030, at a CAGR of 12.2% from 2022 to 2030. Browse 121 market data Tables and 46 Figures spread through 177 Pages and in-depth TOC on "Aircraft Electrification Market - Global Forecast to 2030" The aircraft electrification technology is installed to enable the evolution of traditional aircraft operating on conventional fossil fuels into electrically operated aircraft. There has been a rapid rise in research activities for the development of commercially viable electric aircraft. The important driver for these research activities and introduction of new electric aircraft in the market are the various advantages of aircraft electrification over other traditional technologies such as noise reduction, reduced carbon emissions, lower vibrations, and simpler design for manufacture and maintenance. Additionally, due to the increasing awar...