Latest Global Market Research

The global small satellite services market size is projected to grow from an estimated USD 14.88 Billion in 2017 to USD 53.22 Billion by 2022, at a CAGR of 29.03% during the forecast period. Key factors, such as increasing demand for earth observation and satellite broadband services, and satellite miniaturization technology are expected to fuel the growth of the small satellite services market. Based on platform, the minisatellite (101–500 kg) segment is estimated to account for the largest share of the small satellite services market in 2017 due to the increasing demand for services, such as remote sensing, disaster management, military intelligence, telecommunications, and other academic services globally. Target Audience Small Satellite Service Providers Small Satellite Manufacturers Subsystem Manufacturers Technology Support Providers Ministry of Defense Scientific Research Centers Software/Hardware/Service and Solution Providers Based on vertical, the commercia...

The global ground support equipment market size is projected to grow from USD 7.5 billion in 2019 to USD 9.7 billion by 2025, at a CAGR of 4.45% from 2019 to 2025. Some of the factors that are expected to fuel the growth of the ground support equipment market are rising demand for electric ground support equipment, increasing warehouse operations at airports, and ongoing expansions of airports to cater to the rising global air passenger traffic. Based on type, the ground support equipment market is projected to be led by the mobile segment from 2019 to 2025. Mobile GSE refer to equipment that can be moved around airports with no restriction to one installed location and can be used to service aircraft parked at gates that are not connected to airport terminals. The rise in capacity expansions of existing airports and adoption of automation technology has led to increased aircraft and cargo movements, which eventually have contributed to increased demand for mobile GSE. GSE operator ...

Aircraft doors are structural components fitted on the fuselage for embarking and disembarking of passengers and crew members as well as loading and unloading of cargo. The aircraft doors market has been classified on the basis of door type into passenger doors, cargo doors, emergency doors, service/access doors, landing gear doors, and others. The global aircraft doors market is projected to grow from USD 3.68 Billion in 2017 to USD 5.22 Billion by 2022, at a CAGR of 7.25% during the forecast period. This growth can be attributed to an increase in aircraft deliveries, expansion of the civil aviation sector, and technological advancements in aerospace components. The rise in air passenger traffic and increase in demand for aviation services are additional factors contributing to the growth of the aircraft doors market. The aftermarket end user segment is projected to grow at a higher CAGR as compared to the OEM segment during the forecast period. The growth of the aftermarket segme...

The global multiple launch rocket systems market size is projected to grow from an estimated USD 590.5 Million in 2017 to USD 797.4 Million by 2022, at a CAGR of 6.19% during the forecast period. Increasing spending on artillery improvement and acquisition of new systems by countries such as Poland and Finland are expected to drive the multiple launch rocket systems market during the forecast period. New product developments and mergers & acquisitions were the key strategies adopted by industry players to grow in the multiple launch rocket systems market. Companies dealing in multiple rocket launchers rely on long term contracts with defense forces. Their core competency is their extensive geographical presence. Browse In-depth Insights: https://www.marketsandmarkets.com/Market-Reports/multiple-launch-rocket-system-market-189829734.html Wheeled systems have greater mobility and speed as compared to tracked systems. The new wheeled systems are light in weight and can be carried ...

The global 3D radar market is projected to grow from USD 702.8 Million in 2017 to USD 1,775.0 Million by 2022, at a CAGR of 20.36% from 2017 to 2022. The objectives of this study are to analyze the 3D radar market, along with its statistics from 2017 to 2022. It also aims to define, describe, and forecast the 3D radar market on the basis of the frequency band, range, platform, and region. 3D multifunctional radar is gradually replacing the traditional 2D radar used at airports as 3D radar provides accurate information about the position of the aircraft as well as flight height even in extreme weather conditions. Thus, the increasing deployment of different types of 3D radar at airports is expected to drive the growth of 3D radar market between 2017 and 2022. Based on the frequency band, the C/S/X band segment is projected to lead the 3D radar market during the forecast period. Based on the frequency band, the C/S/X band segment is expected to lead the 3D radar market during the fo...

The global remote towers market size is projected to grow from an estimated USD 63 million in 2019 to USD 392 million by 2025, at a CAGR of 35.53% during the forecast period. This growth can be attributed to the increased cost savings enabled by remote towers. Remote towers are also known as remote virtual towers or digital towers and enable multiple airports to be controlled by a single tower at a remote location. One air traffic controller controlling multiple airports leads to reduced operational costs. Remote towers refer to air traffic control towers that are remotely located, either near or far from airports. These towers provide Air Traffic Services (ATS) remotely through real-time visual reproduction via high definition cameras. A direct out-of-the-window view of the traditional air traffic control towers is replaced with a live video feed to the air traffic control operator in a remote location. Remote towers consist of operator workstations known as controller working posi...

The global network centric warfare (NCW) market is projected to reach USD 57.68 Billion by 2021, growing at a CAGR of 4.52% during the forecast period. This growth can be attributed to the increasing number of wars and transnational disputes, growing need for timely and accurate information in the battlefield, and huge investments by countries for technological advancements of defense equipment to improve the communication systems of defense forces. ISR (intelligence, surveillance and reconnaissance) segment is expected to lead the network centric warfare application market, among all the network centric warfare applications ISR is estimated to dominate the network centric warfare market in 2016. Procurement of radar in high quantities by defense and military of different countries, and partnership programs for defense satellite communications among European countries are the major factors that are expected to contribute to the growth of the ISR market. Browse More Insights: https...

The global aircraft line maintenance market size is projected to grow from USD 19.23 Billion in 2018 to USD 23.50 Billion by 2022, at a CAGR of 4.10% from 2018 to 203. The Asia Pacific region is projected to lead the aircraft line maintenance market during the forecast period. It is expected to be followed by the North American region. The growth of the aircraft line maintenance market is driven by the increased number of flights undertaken by aircraft, rise in the number of aircraft deliveries by OEMs, and increased requirement for carrying out repair and maintenance of the existing aircraft fleets of airlines. Based on service, the aircraft line maintenance market has been segmented into component replacement & rigging service, defect rectification service, engine & APU service, Aircraft on Ground (AOG) service, and line station setup & management service. The component replacement & rigging service segment is expected to lead the aircraft line maintenance market d...

Fixed-wing VTOL UAVs are fixed-wing aircraft that take off and land vertically. These vehicles can fly autonomously or can be piloted remotely and play a significant role in the defense as well as commercial sectors. The 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 for commercial applications such as product delivery, agriculture, aerial imaging, and inspection & monitoring, among others, is one of the factors driving the growth of the fixed-wing VTOL UAV market. The increasing use of fixed-wing drone to carry out advanced patrolling of marine borders is also a significant factor projected to drive the growth of the market. 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 capabi...

Aircraft cabin interiors refer to different products or equipment installed inside passenger cabins of aircraft that are directly or indirectly used by passengers and crew to enhance the flying experience of passengers. The products used in aircraft cabin interiors vary with respect to type as well as class of aircraft. Various types of aircraft cabin interior products are aircraft seating, in-flight entertainment & connectivity, aircraft cabin lighting, aircraft galley, aircraft lavatory, aircraft interior panels, aircraft windows & windshields, and aircraft stowage bins. Typically, these products are designed taking into consideration their own weight that impacts overall aircraft fuel efficiency. The global aircraft cabin interiors market size is projected to grow from USD 17.6 billion in 2020 to USD 32.7 billion by 2025, at a CAGR of 13.2% during the forecast period from 2020 to 2025. The growth of this market can be attributed to increasing number of aircraft orders due ...

The report on the aircraft antenna market provides a detailed trend analysis from 2016 to 2025. It discusses industry and technology trends currently prevailing in the market, along with drivers, restraints, challenges, and opportunities that influence the growth of the market. The global aircraft antenna market size is projected to grow from USD 203 million in 2020 to USD 403 million by 2025, at a CAGR of 14.7% from 2020 to 2025. The market is driven by various factors, such as such as the growing trend of modernization of aerospace sector and the rising demand for UAVs and eVTOL. Browse 253 market data Tables and 56 Figures spread through 272 Pages and in-depth TOC on "Aircraft Antenna Market - Global Forecast to 2025" Based on the platform, commercial aviation captures highest market share. In commercial aviation, narrow-body aircraft is expected to have the second-largest market share during the forecasted period. The demand for domestic air travel has been increasin...

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...

The global SATCOM Equipment Market for Space is projected to grow from USD 2.8 billion in 2019 to USD 7.0 billion by 2025, at a CAGR of 16.8% from 2019 to 2025. The growth of the market across the globe can be attributed to the increasing launch of satellites for applications such as earth observation, communication, and navigation. Based on application, the earth observation & remote sensing segment is projected to lead the SATCOM equipment market for space during the forecast period. Based on application, the SATCOM equipment market for space is projected to be led by the earth observation & remote sensing segment from 2019 to 2025. According to an article published by SpaceNews in December 2018, the demand for earth observation (EO) is growing, due to a growing focus on analytics from high-resolution and medium-resolution imagery. Technology for analyzing data gathered from EO satellites such as big data analytics is expected to grow four times over the decade. Browse I...

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. Contracts were the key strategy adopted by the leading market players to strengthen and sustain their position in the precision guided munition market. Additionally, these players have been focusing on securing contracts from governments of different countries for their organic growth. 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. Growing military modernization programs and increasing demand for precision guided munitions are key facto...

The increasing demand has led to the implementation of smart applications on Greenfield projects and, as a part of modernization, upgrades on brownfield airport projects. During the forecast period, the implementation segment is estimated to have a larger share due to the rapid modernization of airports. The global Smart Airports Market Size is projected to reach USD 6.4 billion by 2025 from USD 2.2 billion in 2019, registering a CAGR of 19.8% from 2019 to 2025. Improved passenger experience with the help of real-time information is a significant growth driver for the smart airports market. Optimization of airport operations and increased connectivity also drive this market. Increasing demand for self-service check-ins and baggage drop units around the world has given rise to this segment. The implementation segment is estimated to have a larger share due to the rapid modernization of airports. With an increase in passenger footfall, airports need to upgrade their systems to facilit...