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Showing posts from September, 2020

Space Robotics Market Analysis, Key Trends, and Top Manufacturers, 2018-2023

Increasing investments in space exploration mission’s demand for satellite servicing, on-orbit manufacturing and assembly, debris removal, and technological advancements in autonomous systems, are fueling the growth of the space robotics market. The global space robotics market size is estimated to be USD 2.88 billion in 2018 and is projected to reach USD 4.36 billion by 2023, at a CAGR of 8.64% from 2018 to 2023. The report analyzes the space robotics market on the basis of solution, application, end user, and region. Based on solution, the market has been segmented into product and services. The report provides in-depth market intelligence regarding the market dynamics and major factors influencing the growth of the space robotics market (drivers, opportunities, and industry-specific challenges), along with an analysis of micro markets with respect to individual growth trends, prospects, and their contribution to the overall market. Based on solution, the satellite servicin...

Rocket Propulsion Market Business Outlook | Revenue Growth, Trends Outlook, Segments and Forecast 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 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 reducing mission cost with the use of small satellites, combined with higher efficiency and technological advancements in rockets are expected to drive the growth of the rocket prop...

Need For Real-Time Information Will Creating New Lucrative Avenue For Airport Information Systems Market

The global airport information systems market is projected to grow from USD 3.69 billion in 2018 to USD 4.37 billion by 2023, at a CAGR of 3.41% from 2018 to 2023. Factors such as the modernization of the existing airport infrastructures, increase in the number of airports in emerging economies, need to enhance the passenger experience at airports, technological advancements being carried out at airports to improve their operational efficiency, and the need for improved airspace management are expected to drive the growth of the airport information systems market across the globe. Browse 121 market data Tables and 44 Figures spread through 164 Pages and in-depth TOC on "Airport Information Systems Market - Global Forecast to 2023" Based on system, the airport operation control center segment is expected to lead the airport information systems market in 2018. Based on system, the airport operation control center segment is expected to lead the airport information systems ...

Environmental Control Systems Market Is Growing Exponentially Due To Increasing Demand End-Use Industry

Aircraft environmental control systems are designed to maintain comfortable temperatures in cockpits, cabins, and cargo areas of airplanes and helicopters whether on ground or in flight mode. Aircraft environmental control systems provide air supply, thermal control, and cabin pressurization to the crew and passengers.  The aircraft environmental control systems are powered by the electrical system rather than conventional Pneumatic & hydraulic system, as the former allows higher reliability, reduces maintenance cost and fuel use, and enables more dispatch availability. The aircraft environmental control systems market is projected to grow from USD 3.27 Billion in 2016 to USD 4.22 Billion by 2022, at a CAGR of 4.34% from 2016 to 2022. Rise in air traffic, especially in the Asia-Pacific and European regions is resulting in an increase in aircraft deliveries and thus, is driving the growth of the aircraft environmental control systems market. The objectives of this study are ...

Where Will All These Developments Take The Marine Propeller Industry In The Long Term?

The global marine propeller market size is estimated to be USD 4.73 Billion in 2017 and is projected to reach USD 5.37 Billion by 2022, at a CAGR of 2.56% from 2017 to 2022. Asia was the largest market for propellers, followed by North America in 2016. The growth of the marine propeller market can be attributed to the growth in international seaborne trade, increased demand for marine propellers from the new shipbuilding & repair market, and growth in maritime tourism. With the ongoing technological advancements, there is an increase in the adoption of highly advanced and energy-efficient marine propulsion systems that offer excellent performance with minimum fuel consumption. The decline in fuel consumption will reduce the cost associated with seaborne trade, which will further drive the seaborne trade. View detailed Table of Content here - https://www.marketsandmarkets.com/Market-Reports/marine-propeller-market-125429993.html The adoption of thrusters is projected to remain ...

Ultralight and Light Aircraft Market - Unmanned Segment Projected To Grow At Higher Cagr During Forecast Period

Increasing demand for ultralight aircraft for air taxi, recreational flights, and medical applications in the Asia Pacific and Europe is one of the major factors driving this market. The global ultralight and light aircraft market size is expected to grow from USD 5.5 billion in 2020 to USD 11.6 billion by 2030, at a CAGR of 7.7% during the forecast period. The ultralight and light aircraft market is expected to witness substantial growth during the forecast period, due to the increase in demand for urban air mobility, rapid commercialization of passenger drones, and demand for recreational flights. By aircraft type, the ultralight aircraft segment is expected to grow at the higher CAGR during the forecast period. The demand for ultralight aircraft type is higher from commercial and civil applications. Adaptability of the latest technology by civil & commercial end users is expected to drive the growth ultralight aircraft market during the forecast period. Whereas, on the basis...

Rapid Evolution of Thrust Vector Control Technology & Impact On Current Market Growth

Thrust vector control in a space shuttle vehicle with multiple engines helps in maintaining the trajectory, and minimizes the risk of engine/propulsion system as a whole by independently controlling the thrust magnitude and nozzle gimbal angles of each engine. For launch vehicles, missiles, and fighter aircraft, thrust vector control is a crucial technology to control trajectory and maneuverability. In a satellite system, thrust vector control is used to correct the misalignment and orbit position. The global thrust vector control market is projected to reach USD 13.77 billion by 2022, at a CAGR of 10.41% during the forecast period. The need for super-maneuverable fighter aircraft, increased space research leading to greater number of launch vehicles being used, and increase in satellite launches are driving the growth of the thrust vector control market. Thrust Vector Control (TVC) helps a propulsion system to redirect its thrust to provide directional control. The ability to cont...

Satellite Payloads Market Is Predicted To Extent Of 18.15 Billion USD by 2022

Contracts were widely adopted as a growth strategy by the industry players in the satellite payloads market. This strategy was adopted by the leading players to enhance their market penetration and increase their service offerings. Airbus Defence and Space (France), Boeing (U.S.), Thales Group (France), Lockheed Martin Corporation (U.S.), and Mitsubishi Electric Corporation (Japan) are some of the leading players that adopted this strategy to develop their business. The satellite payloads market was dominated by Airbus Defence and Space (France), Boeing (U.S.), Thales Group (France), and Lockheed Martin Corporation (U.S.) in 2016. Airbus Defence and Space is a leading player in the satellite payloads market, considering its overall product offering and business strategy. The company has diversified product/service portfolio and focuses on entering into contracts across regions to represent and promote its inspection and mapping services for both onshore and offshore industries. In Fe...

Aircraft Insulation Market worth 9.89 Billion USD by 2022 | Top Companies, Segments, Region and Forecast

The global aircraft insulation market size is estimated to grow from USD 7.46 Billion in 2017 to USD 9.89 Billion by 2022, at a CAGR of 5.79% from 2017 to 2022.Increase in demand for lightweight insulation materials, introduction of advanced acoustic and fire resistant materials resulting in safer operations of aircraft, declining cost of composite materials, and increase in commercial aircraft deliveries and passenger traffic are the major factors driving the aircraft insulation market. Based on type, the electric insulation segment is projected to lead the aircraft insulation market during the forecast period Based on type, the electric insulation segment is expected to lead the aircraft insulation market during the forecast period. Rise in the number of electric systems in aircraft have resulted in increased heat loads. Furthermore, composite materials that are rapidly replacing traditional metallic materials used in the manufacturing of aircraft structure and components are hig...

Mission Management Systems Market Size, Share, Trends, Segments, SWOT Analysis And Forecast By 2022

Mission management systems are computing systems that are aimed to provide processing features in various aircraft. Mission management systems (MMS) are platform independent systems used to manage critical command and control missions in defense and civil applications. MMS enhances situational awareness while ensuring the availability of information and interaction of all systems involved in a mission. The typical functions of MMS are communication, navigation, flight guidance, conflict management, situation assessment, and online path and tactical planning. The global Mission Management Systems Market size is projected to grow from USD 13.97 Billion in 2016 to USD 27.50 Billion by 2022 at a CAGR of 11.95% from 2016 to 2022. Need for surveillance, border patrolling & security, search & rescue, combat management system, and sensor and weapon management, have been key parameters for the development of mission management systems. Based on application, the defense segment is pr...

Ice Protection Systems Market Is Boosting Significantly Over The Forecast Period

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. 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 study on market aims to analyze the ice protection systems market as well as define, describe, and forecast the market on the basis of application, technology, platform, type, and region. The major difference b...

Increase in the Number of Aircraft Orders and Deliveries Will Transform Air Data Systems Market Significantly Till 2021

Growth of the civil sector has resulted in increased demand for new aircraft, which directly affects the air data systems market. The increasing demand for new aircraft is expected to propel the market’s growth during the forecast period. Growth of the civil sector has resulted in increased demand for new aircraft, which directly affects the air data systems market. The increasing demand for new aircraft is expected to propel the market’s growth during the forecast period. The report provides an in-depth market intelligence regarding market dynamics and major factors influencing the growth of the ADS market (drivers, restraints, opportunities, and industry-specific challenges), along with an analysis of micromarkets with respect to individual growth trends, future prospects, and their contribution made to the overall market. The global Air Data Systems Market Size is projected to grow from USD 579.7 Million in 2016 to USD 762.9 Million by 2021, at a CAGR of 5.65% during ...

Radar Systems Market Is Projected To Boost At A CAGR of 5.39% during the forecast period 2016 to 2021

Radar (radio detection and ranging) can be defined as a system using electromagnetic (EM) waves to detect and locate an object’s location in terms of range and angle. Factors, such as increased usage of radar systems in unmanned vehicles and homeland security, are expected to drive the growth of the radar systems market . The global radar systems market is expected to grow from USD 20.29 Billion in 2016 to USD 26.37 Billion by 2021, at a CAGR of 5.39% from 2016 to 2021. The objective of this study is to analyze, define, describe, and forecast the radar systems market on the basis of technology, application, component, range, frequencies band, and geography. This research study involved the extensive usage of secondary sources, directories, and databases such as Hoovers, Bloomberg Businessweek, and Factiva to identify and collect relevant information on the radar systems market. The pulsed radar segment led the radar systems market in 2016. This growth can be attributed to the...

Global Military Electro-Optics/Infrared Systems Market Development By System Till 2022

The global military electro-optics/infrared systems market is estimated to be USD 10.15 Billion in 2016 and is projected to reach USD 14.20 Billion by 2022, at a CAGR of 5.75% from 2016 to 2022. Increased demand for battlespace awareness by defense forces and technological advancements resulting in improved efficiency of EO/IR systems are the major factors driving the military electro-optics/infrared systems market. The growing demand for border surveillance and situational awareness have resulted in increased use of UAVs. Increase in R&D activities in the aerospace & defense sector has contributed to the development of miniaturized and lightweight components and defense equipment, especially for airborne applications. Based on sensor technology, the staring sensor segment is projected to lead the military electro-optics/infrared systems market during the forecast period On the basis of sensor technology, the staring sensor segment is estimated to lead the military electro...