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Showing posts from August, 2020

Ice Protection Systems Market, By Technology, Application, Type, Platform & Region Outlook BY 2021

  The growth of the ice protection systems market is expected to be propelled by increase in air traffic, new airline business models in emerging economies, and new airport projects in developed economies. The requirement of ice protection system varies according to the platforms in which it is being used. As military operations are usually carried out from non-traditional airfields with limited facilities, it is quite imperative that the aircrafts should be equipped with ice protection systems. For chemical deicing in military aircrafts, deicing fluids with different chemical composition are used. Ice protection systems are used to prevent atmospheric ice from accumulating on aircraft surfaces. The  global ice protection systems market  is estimated to be USD 7.91 Billion in 2016, and is projected to reach USD 10.17 Billion by 2021, at a CAGR of 5.14% from 2016 to 2021. The major difference between anti-icing and deicing system is that the former system prevents ice form...

Aircraft Heat Exchanger Market Business Outlook, Emerging Trends, Segments Revenue Growth And Forecast By 2020

  The   global aircraft heat exchanger market size   is estimated to be USD 1.19 Billion in 2017 and is projected to reach USD 1.64 Billion by 2022, at a CAGR of 6.73% during the forecast period. North America is expected to be the largest market for aircraft heat exchangers from 2017 to 2022, followed by Europe. The growth of the aircraft heat exchanger market is mainly driven by the increasing deliveries of commercial aircraft and unmanned aerial vehicles worldwide and the rising demand for repair and maintenance of heat exchanger components. Based on platform, the aircraft heat exchanger market has been segmented into fixed-wing aircraft, rotary-wing aircraft, and Unmanned Aerial Vehicles (UAVs). The fixed-wing aircraft segment has been further classified into commercial aviation, general aviation, and military aviation. The increase in the production of commercial aircraft worldwide is projected to drive the demand for aircraft heat exchangers, primarily in the fixed-...

Increasing Focus On Reducing Mission Costs Will Change Future Growth Of CubeSat Market

  Some of the factors that are expected to fuel the growth of the CubeSat market are the increasing focus on reducing mission costs as well as the rise in demand for CubeSats in applications related to earth observation, communication, science, and technology. The global  CubeSat market  is projected to grow from USD 152 million in 2018 to USD 375 million by 2023, at a CAGR of 19.87% from 2018 to 2023. Based on size, the 3U segment is estimated to account for the largest share of the CubeSat market in 2018. 3U CubeSats can be used in various applications such as Earth observation & traffic monitoring, meteorology, science & technology and education, research & exploration, mapping & navigation, and surveillance & security. Planet Labs (US) uses 3U CubeSats called Doves in Earth imaging applications. In February 2017, it launched 88 3U CubeSats into space. Get Further Info:  https://www.marketsandmarkets.com/Market-Reports/cubesat-market-58068326.h...

Asia Pacific: Rocket Propulsion Market, By End User, Orbit, Launch Vehicle Type & Future Growth Scope Till 2023

  The rocket propulsion market encompasses the rocket engine and the rocket motor used to generate thrust to lift a rocket into space. The propulsion system of a rocket includes all parts, such as tank, pump, propellant, igniter hardware, motor, and rocket nozzle, among others. A rocket using solid propellant to produce thrust is called a rocket motor. A rocket engine is a device that produces motion through a combination of moving parts. The rocket propulsion market is estimated to be USD 4.23 billion in 2018 and is projected to reach USD 6.36 billion by 2023, at a CAGR of 8.50% from 2018 to 2023. The growth of the rocket propulsion market can be attributed to the increase in research & development activities for the development of low-cost rockets with advanced technologies. The global  rocket propulsion market  is estimated to be USD 4.23 billion in 2018 and is projected to reach USD 6.36 billion by 2023, at a CAGR of 8.50% from 2018 to 2023. Increasing focus on re...

Penetration of the Smart Engine for Situational Awareness and Safety Will Drive Marine Engine Monitoring System Market Till 2025

  The global   marine engine monitoring system market   is estimated to be USD 508.4 Million in 2018 and is projected to reach USD 656.5 Million by 2025, at a CAGR of 3.72% from 2018 to 2025. The growth in international seaborne trade, increased demand for marine engine monitoring systems from the new shipbuilding & repair market, and rise in maritime tourism are the key factors that are anticipated to drive the marine engine monitoring system market. Browse 97 market data Tables and 48 Figures spread through 171 Pages and in-depth TOC on "Marine Engine Monitoring System Market - Global Forecast to 2025" Based on component, the software segment is projected to grow at the highest CAGR during the forecast period. Based on component, the software segment of the marine engine monitoring system market is projected to grow at the highest CAGR from 2018 to 2025 The growth of the software segment can be attributed to its advantages that include data analysis process and tren...

Aircraft Filters Market by Application (Hydraulic System, Engine, Avionics, Cabin) - Global Forecast to 2022

  The   global aerospace filters market report   covers all types of aerospace filters used in aircraft components, including fuel filters, oil filters, and air filters, among others. The aerospace filters market is projected to grow from an estimated USD 6.73 Billion in 2016 to USD 10.11 Billion by 2022, at a CAGR of 7% during the forecast period. The rapid growth in air passenger traffic and flight hours of aircraft has led to shorter replacement period of aerospace filters in order to run the aircraft at its optimum efficiency. By type, the air filters segment of the aircraft filters market is projected to witness the highest growth during the forecast period. Owing to the recent concerns about contiguous diseases such as Ebola, SARS, and swine flu, the air filters market has seen a tremendous growth as these filter bacteria and viruses from the aircraft cabin air. Browse In-depth Insights:  https://www.marketsandmarkets.com/Market-Reports/aerospace-filters-market...

Autonomous Navigation Market Is Poised To Reach $13.5 billion by 2030

  Factors that are expected to fuel the growth of the autonomous navigation market are the development of sense & avoid systems in autonomous robots, the high adoption of autonomous robots for commercial and military purposes, and demand for autonomous robots in logistics. Increasing investment in the development of commercial autonomous cars and autonomous drones is expected to drive the market for commercial autonomous navigation market during the forecast period. The global  autonomous navigation market  is estimated at USD 2.2 billion in 2018 and is projected to reach USD 13.5 billion by 2030, at a Compound Annual Growth Rate (CAGR) of 16.19% from 2018 to 2030. Factors such as the development of sense & avoid systems in autonomous systems, high adoption of autonomous systems for commercial and military purposes, and demand for autonomous robots in logistics are expected to fuel the growth of the autonomous navigation market. Based on solution, the software seg...

Advancements in Automatic Weapon Systems Will Have Positive Impact On Fire Control System Market

Fire protection systems are a set of connected devices or systems that are used to prevent fire accidents. These systems also reduce the impact of uncontrolled fires, thus saving lives and property. Fire protection systems comprise fire detection, fire suppression, fire sprinkler, fire analysis, and fire response systems that are required in emergencies. The  Fire Control System market growth  is mainly attributed to the growth of the construction industry, the increase in the loss of human lives and property due to fire breakouts, stringent regulatory compliances, and a rise in the adoption of wireless technology in fire detection systems.  The global fire protection system market size is expected to reach USD 95.4 billion by 2025 from USD 67.7 billion in 2020, growing at a CAGR of 7.1%.  Johnson Controls (Ireland), United Technologies (US), and Honeywell (US) are the leading players of the fire protection system market. Based on platform, the fire control system ma...

Robotics and Automation Actuators Market Is Estimated To Generate Revenue Of $30.9 billion by 2024

  The global   robotics and automation actuators market   is estimated to be USD 15.8 billion in 2019 and is projected to reach USD 30.9 billion, at a Compound Annual Growth Rate (CAGR) of 14.37% from 2019 to 2024. This market is driven by factors, such as the increasing investments in process automation across industry verticals, rising demand for robots, and technological advancements in actuators. Based on actuation, the electric actuators segment is projected to grow at the highest CAGR in the robotics and automation actuators market during the forecast period. Electric actuators are expected to replace hydraulic and pneumatic actuators due to their higher efficiency and greater levels of control. The increasing demand for highly efficient actuators which consume less energy has fueled the growth of the robotics and automation actuators market. Technological advancements in electric actuators are enabling availability at lower prices as compared to hydraulic and pneum...

Unmanned Surface Vehicle Market In-Depth Analysis and Industry Revenue Details, 2023

  The   global unmanned surface vehicle market size   is expected to grow from USD 534 million in 2018 to USD 1,020 million by 2023, at a Compound Annual Growth Rate (CAGR) of 13.8% during the forecast period. The major driving factors in the unmanned surface vehicle market are the rising incidences of terrorism, cross-border disputes, and conflicts across the globe, which are leading to the increasing need for enhanced border and maritime security. Defense segment is projected to grow at a higher CAGR during the forecast period due to the significant demand from navies across the world for purposes, such as surveillance, reconnaissance, anti-submarine warfare, and mine countermeasures. Most of the players have invested in large sized USVs for combat operations, cargo supply, and lethal and non-lethal armament, among others. In North America, the defense segment accounts for the highest market share of the global unmanned surface vehicle market and major emphasis has been...

Asia Pacific Precision Guided Munition Market Growth By Technology (Infrared, Semi-active Lasers, Radar Homing, GPS, INS) - Global Forecast to 2025

  The  global precision guided munition market  is projected to grow from USD 30.0 billion in 2019 to USD 47.5 billion by 2025, at a CAGR of 8.0% from 2019 to 2025 . The growing military modernization programs and increasing demand for precision-guided munitions to minimize collateral damage are some of the factors expected to drive the growth of the precision guided munition market. Browse 152 market data Tables and 54 Figures spread through 188 Pages and in-depth TOC on "Precision Guided Munition Market - Global Forecast to 2025" “Growing military modernization programs and increasing demand for precision guided munitions are key factors fueling the growth of the precision guided munition market across the globe.” Many countries are focusing on increasing their R&D spending & initiate programs for the development of lightweight, portable, and efficient next-generation precision weapons. The increasing use of satellite networks, navigation aids, and drones to de...