Latest Global Market Research

The increasing demand for highly accurate weather forecasting systems from various end-use industries and investments by governments of various countries and a number of companies for the development of advanced weather forecasting systems. The global weather forecasting systems market is estimated to be USD 2.3 billion in 2019 and is projected to reach USD 3.3 billion by 2025, at a CAGR of 5.7% from 2019 to 2025. Based on vertical, the renewable energy segment is projected to grow at the highest CAGR during the forecast period. Weather forecasting systems play a crucial role in designing optimal offshore wind turbine capacities, depending on climatic conditions. Therefore, there is a need for accurate weather forecasts for the integration of large amounts of power generated from renewable sources of energy into power supply grids. This is expected to help meet the increased demand for power from consumers across the globe. Browse In-depth Insights: https://www.marketsandmarkets.co...

Military wearables are smart electronic devices and equipment that are either incorporated into the clothing of soldiers or are worn as implants or accessories by them. These devices not only improve mobility and comfort of soldiers but also offer them the reliability and ease of use. Military wearables are used for collecting and monitoring physical data, improving the effectiveness of training, and ensuring sustained performance enhancement, among others. “The military wearables market is projected to grow from USD 4.2 billion in 2019 to USD 6.4 billion by 2025, at a CAGR of 7.2% from 2019 to 2025.” The increase in defense spending and ongoing soldier modernization programs are some of the factors expected to drive the growth of the military wearables market. The rising instances of asymmetric warfare and increasing demand for improved and efficient military wearables to reduce troop casualties across the globe are expected to fuel the growth of the military wearables ...

The global flight simulator market  is projected to grow from USD 5.7 billion in 2019 to USD 7.7 billion by 2025, at a CAGR of 5.2% from 2019 to 2025. Flight simulators have been witnessing a growing demand due to characteristics, such as reliability and provision of safe flight operations. There is a rising demand for simulators for UAVs, and the possible use of simulation for air accident investigation is expected to further propel the growth of the flight simulator market over the forecast period. Based on platform, the Unmanned Ariel Vehicle (UAV) flight simulators market is projected to grow at the highest CAGR during the forecast period. Increasing demand for drone simulators for drone pilots and operator training is a factor driving the growth of the market for flight simulators for UAVs. The demand for drone operators is high due to the increasing number of UAV deliveries across the globe. To facilitate the training of drone operators, the demand for drone simulators is ...

The global Ground Support Equipment Market size is projected to grow from USD 4.0 billion in 2020 to USD 10.2 billion by 2025, at a CAGR of 20.7% from 2020 to 2025. The growth of the market across the globe can be attributed to 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. Browse 353 market data Tables and 57 Figures spread through 347 Pages and in-depth TOC on "Ground Support Equipment Market - Global Forecast to 2025" Based on type, the mobile GSE segment is projected to lead the ground support equipment market during the forecast period. Based on type, the ground support equipment market is projected to be led by the mobile segment from 2020 to 2025. Mobile GSE refer to equipment that can be moved around airports. They are not restricted to one installed location and can be used to service aircraft parked at gates that are not con...

Increasing demand for better flight experience and the need for fast internet connectivity in airports and aircraft are some of the major factors driving this market. The demand for 5G infrastructure and services has been growing due to the rising demand for better flight experience. The Global 5G Market in Aviation Size is estimated to be USD 0.5 billion in 2021 and is projected to reach USD 3.9 billion by 2026, at a CAGR of 52.7% from 2021 to 2026. Increasing demand for predictive, prescriptive, and condition-based maintenance through data shared by connected aircraft is also anticipated to propel the growth of 5G market in aviation over the forecast period. Browse 70 market data Tables and 40 Figures spread through 130 Pages and in-depth TOC on "5G Market in Aviation - Global Forecast to 2026" Based on end-use, 5G infrastructure for aircraft is expected to grow at the highest CAGR during the forecast period, owing to the rise in the development of smart connected air...

The report unmanned ground vehicles market size is projected to grow from USD 2.3 billion in 2020 to USD 4.5 billion by 2030, at a CAGR of 7.0% from 2020 to 2030. The market is driven by various factors, such as the growing demand for autonomous systems in commercial and military sectors, increasing use of robots in areas affected by chemical, biological, radiological, and nuclear defense (CBRN) attacks. The unmanned ground vehicle market includes major players Lockheed Martin (US), QinetiQ (UK), Cobham (UK), Northrop Grumman (US),  and RE2 (US). These players have spread their business across various countries includes North America, Europe, Asia Pacific, Middle East, Africa, and South America. COVID-19 has impacted their businesses as well. Industry experts believe that COVID-19 could affect unmanned ground vehicle production by 7–10% globally in 2020. The wheeled segment is expected to be the largest market by value. The growth of the wheeled segment of the unmanned gr...

The global weather forecasting systems market size is projected to grow from USD 2.3 billion in 2019 to USD 3.3 billion by 2025, at a CAGR of 5.7% from 2019 to 2025. Growing demand for accurate weather data monitoring and increasing demand for weather forecasting using big data analytics are some of the major factors driving this market. Major players in the weather forecasting systems market include Vaisala (Finland), The Weather Company (US), Accuweather (US), MeteoGroup (Netherlands), Campbell Scientific (US), Airmar Technology Corporation (US), Sutron Corporation (US), All Weather Inc. (US), and Morcom International (US), among others. These players have adopted various strategies, such as new product launches & developments, contracts, agreements, partnerships, joint ventures, acquisitions, and expansions, to increase their footholds in the weather forecasting systems market. Of these, new product developments, acquisitions, partnerships, and contracts were the major strate...

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. Browse 83 market data Tables and 40 Figures spread through 143 Pages and in-depth TOC on "SATCOM Equipment Market - Global Forecast to 2025" 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...

The global aircraft flight control system market size is estimated at USD 11.50 Billion in 2018 and is projected to reach USD 13.67 Billion by 2023, at a CAGR of 3.52% during the forecast period. Factors such as the increase in passenger traffic, rise in aircraft deliveries, and upgradation of old aircraft are expected to drive the aircraft flight control system market. The base year considered for the study is 2017 and the forecast period is 2018 to 2023. The objectives of this study are to analyze the aircraft flight control system market along with the statistics from 2017 to 2023 as well as to define, describe, and forecast the aircraft flight control system market based on type, component, technology, end user, and region. Cockpit controls segment is projected to witness the highest growth during the forecast period. Based on components, the cockpit controls segment of the aircraft flight control system market is projected to witness the highest growth during the forecast per...

The global Unmanned Underwater Vehicles Market size is projected to grow from USD 2.0 billion in 2020 to USD 4.4 billion by 2025, at a CAGR of 16.4% from 2020 to 2025. The growth of the market can be attributed to the rising number of deep-water offshore oil & gas production activities and increasing maritime security threats. The UUV market includes major players Lockheed Martin Corporation (US), Saab AB (Sweden), Kongsberg Gruppen (Norway), Northrop Grumman Corporation (US), Oceaneering International, Inc. (US). These players have spread their business across various countries includes North America, Europe, Asia Pacific, Middle East, Africa, and South America. COVID-19 has impacted their businesses as well. Industry experts believe that COVID-19 could affect UUV production and services by 25–30% globally in 2020. Browse In-depth Insights: https://www.marketsandmarkets.com/Market-Reports/unmanned-underwater-vehicles-market-140710720.html Based on application, the commer...

The report profiles the key players in the flight management systems market , such as Honeywell International Inc. (U.S.), Thales Group (France), General Electric Company (U.S.), Leonardo-Finmeccanica S.p.A (Italy), Rockwell Collins (U.S.), among others. These companies account for a major share of the flight management systems market. These companies also have manufacturing facilities across key regions, such as North America and Europe, with a strong distribution network. These companies adopted various growth strategies, such as contracts, partnerships, agreements, and new product launches to capture the majority of the share of this growing market. The companies have adopted these strategies to supply advanced products and services to customers and to strengthen their product portfolio. Honeywell International Inc. (U.S.), Thales Group (France), General Electric Company (U.S.), Leonardo-Finmeccanica-SPA (Italy), are some of the leading companies that have adopted these strategies ...

Increasing threats from high-speed missiles and aircraft have led to an increase in demand for surveillance and fire control radars. Rise in the defense spending of emerging economies, growing regional tensions, and an increasing number of inter-country conflicts are major factors driving the military radars market. The increasing deployment of ballistic and stealth missiles in active war zones has also led to a significant increase in the demand for military radars across the globe. The global military radars market size is projected to grow from USD 14.0 billion in 2020 to USD 17.4 billion by 2025, at a CAGR of 4.4% during the forecast period. Increasing threats from high-speed missiles and aircraft have led to an increase in demand for surveillance and fire control radars. Rise in the defense spending of emerging economies, growing regional tensions, and an increasing number of inter-country conflicts are major factors driving the military radars market. The increasing deploymen...

The global aircraft battery market is projected to grow from an estimated USD 475.0 Million in 2017 to USD 667.8 Million by 2022, at a CAGR of 7.05% from 2017 to 2022. The base year considered for the study is 2016 and the forecast period is 2017 to 2022. Aircraft manufacturers are increasingly shifting towards the More Electric Architecture (MEA) that involves majority of non-propulsive systems in an aircraft being powered by electricity. The growing shift toward the more electric aircraft technology is expected to propel the demand for aircraft batteries during the forecast period. The UAV segment under the aircraft type is witnessing strong growth in the aircraft battery market. Drones are widely accepted by the defense sector worldwide, owing to their limited operational costs in comparison to manned aircraft and benefits offered by them to defense forces. Moreover, there have been huge R&D investments in the field of drones that have widened their applicability in mining, ...