Latest Global Market Research

The global space robotics market 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. Increasing investments in space exploration missions, 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. Based on solution, the satellite servicing segment is estimated to lead the space robotics market in 2018. Growth of this segment can be attributed to an increase in the number of satellites required to be retired every year, advancements in the autonomous systems technology, and increase in space exploration activities are expected to lead to the expansion of capabilities of satellite operators, ...

Business jets provide an efficient and productive means of air travel to cater to schedules of various individuals or groups and to reach destinations that are not covered by commercial airlines. These aircraft are also used during emergencies such as floods and evacuations. Business jets are generally owned by high-net-worth individuals, governments, businesses, and operators such as charter companies. The global business jets market size is projected to grow from an estimated USD 18.8 billion in 2020 to USD 38.0 billion by 2030, at a CAGR of 7.3% during the forecast period. The recommencement of global economic growth, an increasing number of high-net-worth individuals, and the introduction of new aircraft programs are expected to drive the growth of the market. The increasing number of high net worth individuals, upcoming new aircraft program, and aging fleet size to drive the growth of the market. Though the market has witnessed a slow growth in recent years, aircraft with ...

The report covers the forecast of the AOS market and its dynamics over the next five years while analyzing the market applications, evolving technologies, recent developments in the market, and high potential geographic regions and countries. The report includes market dynamics, such as drivers, restraints, challenges, and opportunities, along with Porter’s five forces analysis and a life cycle analysis of this market. The base year considered for the study is 2014 and the forecast period is from 2015 to 2020. The global aircraft oxygen systems (AOS) market is projected to reach USD 4.47 Billion by 2020, at a CAGR of 6.33% from 2015 to 2020. Factors such as easy availability of smaller robust components, growth in the line fit market, and increase in in passenger traffic worldwide will drive the growth of the AOS market. Europe is one of the leading regions in the aircraft oxygen systems market, considering the advancements made in the civil aviation sector. It has commanded 2...

The report provides an analysis of the digital MRO market from 2020 to 2030. 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 digital MRO market is projected to grow from USD 606 million in 2020 to USD 1,809 million by 2030, at a CAGR of 11.6% from 2020 to 2030. The digital MRO market in the North American and Asia Pacific regions is expected to witness substantial growth during the forecast period due to the increasing demand for an upgrade of the legacy management information systems (MIS) to advanced MRO solutions. Browse In-depth Insights: https://www.marketsandmarkets.com/Market-Reports/digital-mro-market-165029525.html Based on technology, the artificial intelligence segment is projected to grow at the highest CAGR during the forecast period. The growth of this segment can be attributed to the increasing demand for predictive maintenance, ...

The developing demand for remote weapon stations, tank turrets, and naval guns from military forces worldwide and rising incidences of asymmetric warfare across the globe are key factors driving the growth of the ammunition handling system market. The global ammunition handling system market is estimated to be USD 2.30 Billion in 2017 and is projected to reach USD 3.50 Billion by 2022, at a CAGR of 8.75% from 2017 to 2022. Based on platform, the land segment is expected to lead the ammunition handling system market from 2017 to 2022. Ammunition handling systems identify and locate selected ammunition rounds in a magazine, and transfer the chosen rounds to a weapon for firing. The demand for main battle tanks and armored fighting vehicles has increased across countries worldwide, thereby driving the growth of the ammunition handling system market in land platform. Browse In-depth Insights: https://www.marketsandmarkets.com/Market-Reports/ammunition-handling-system-market-249079723....

The global turret system market size is projected to grow from USD 2.07 Billion in 2017 to USD 2.88 Billion by 2022, at a CAGR of 6.86% from 2017 to 2022.  The increased demand for turret guns such as remote weapon stations, tank turrets, and naval guns, from military forces and rising incidences of asymmetric warfare across the globe are driving the growth of the market for turret systems. Based on platform, the land segment is leading the turret system market and is expected to continue its dominance till 2022. Turret system is widely used on land warfare platforms such as tanks, Infantry Fighting Vehicles (IFVs), Armored Fighting Vehicles (AFVs), Light Protected Vehicles (LPVs), and others. Based on type, the turret system market has been segmented into manned and unmanned. The manned segment leads the global market; however, the unmanned segment is projected to grow at a high rate during the forecast period. This growth can be attributed to the increase in funding for resea...

The global railway connectors market is expected to grow from USD 802 million in 2018 to USD 1,069 million by 2023, at a Compound Annual Growth Rate (CAGR) of 5.92% during the forecast period. The primary factors driving the railway connectors market include the increased number of passengers opting for railways as the mode of transport and adoption of driverless trains by several countries. Browse 105 market data Tables and 32 Figures spread through 140 Pages and in-depth TOC on "Railway Connectors Market - Global Forecast to 2023" The railway connectors market has been segmented by application into Diesel Multiple Units (DMUs), Electric Multiple Units (EMUs), light rails/trams, subways/metros, and passenger coaches. Among these, subways/metros is expected to be the fastest-growing segment in the market. A metro system requires more powerful units and high initial investment for infrastructure than a light rail/tram system. In the light rail/trams segment, the market for...

The factors that are expected to fuel the growth of the port equipment market are the increasing seaborne trade across the globe and the growing number of container shipments in Asia Pacific and the Middle East. Various countries have been focusing on developing new ports owing to the increase in vessel count and trade volume. According to the International Chamber of Shipping, 90% of the world’s trade is carried out through seaways as they are ideal for heavy and bulk goods, have large carrying capabilities, and offer competitive freight costs. The global port equipment market size is expected to grow from USD 29.2 billion in 2018 to USD 36.6 million by 2023, at a CAGR of 3.30% during the forecast period. The major driving factors for the port equipment market are the increasing seaborne trade across the globe and the growing number of container shipments in Asia Pacific and the Middle East. Based on equipment type, the straddle carriers segment is estimated to lead the port ...

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.html The Earth obser...

Significant investments made by the BRIC countries and the countries from the Latin American and African regions in the oil exploration and deepwater study will prove to be a prominent driver for the UUV market. The emerging countries will also be actively involved in the military activities for Intelligence, Surveillance, and Reconnaissance (ISR) purposes. The global Unmanned Underwater Vehicles Market size is estimated at USD 2.69 Billion in 2017 and is projected to reach USD 5.20 Billion by 2022, at a CAGR of 14.07% from 2017 to 2022. The key growth regions will be Asia-Pacific, Latin America, and Africa. Countries such as China, Japan, Brazil, Norway and India, will show reliable levels of growth. The commercial exploration segment of the Remotely Operated Vehicle (ROV) market is expected to witness the highest growth during the forecast period. This growth can be attributed to the increased demand for UUVs in commercial applications, such as surveys and seabed mapping, offsho...

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...

Rise in adoption of composite aerostructures by the general and commercial aviation sectors are driving the growth of the aerostructures market. The base year considered for the study is 2015 and the forecast period is from 2016 to 2022. The global aerostructures market size is projected to grow from USD 52.17 Billion in 2016 to USD 75.97 Billion by 2022, at a CAGR of 6.47% during the forecast period. The base year considered for the study is 2015 and the forecast period is from 2016 to 2022. The report provides an in-depth market intelligence regarding major market dynamics, such as drivers, restraints, opportunities, and industry-specific challenges that may influence the growth of the aerostructures market, along with an analysis of micro markets with respect to individual growth trends, future prospects, and their contribution made to the overall market. Based on material, the composites segment of the aerostructures market is anticipated to grow at the highest CAGR from 2016 ...

The global Military Robots Market size is projected to grow from USD 14.5 billion in 2020 to USD 24.2 billion by 2025, at a CAGR of 10.7% from 2020 to 2025. Drivers for this market include the increasing use of robots for mine countermeasures and the increasing use of UAVs in life-threatening missions. Browse 542 market data Tables and 89 Figures spread through 432 Pages and in-depth TOC on "Military Robots Market - Global Forecast to 2025" “Growing use of unmanned ground vehicles for combat support and use of Unmanned Aerial Vehicles for surveillance are key factors fueling the growth of the military robots market across the globe.” Countries such as the US have invested heavily in developing UGVs and UAVs for surveillance and combat support. For example, in April 2020,  AeroVironment secured a contract worth USD 11 million from the US Navy and US Marine Corps for the supply of Puma 3AE small unmanned aircraft systems for persistent situational awareness and force...

Computers are an essential component in any aircraft and comprise of circuits, memory, analog connectors, and a Central Processing Unit (CPU). The aircraft computers market is projected to grow from USD 5.90 Billion in 2017 to USD 7.87 Billion by 2022, at a CAGR of 5.91% from 2017 to 2022. The aircraft computers market in North America is fueled by the increased investments for the growth of the commercial and general aviation sectors. Apart from this, a significant investment by aircraft manufacturers for innovative technologies is expected to fuel this market. The report also focuses on the competitive landscape of this market by profiling companies based on their financial position, product portfolio, growth strategies, and analyzing their core competencies and market share to anticipate the degree of competition prevailing in the market. Based on platform, the UAV segment of the aircraft computers market is projected to grow at the highest CAGR from 2017 to 2022, owing to the ...

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. Access Full Insights: https://www.marketsandmarkets.com/Market-Reports/3d-radar-market-255590465.html Based on the frequency band, the C/S/X band segment is projected to lead the 3D radar market during the forecast period. Ba...

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...