Latest Global Market Research

The global Inert Gas Generator Systems market is projected to grow from an estimated USD 746.7 Million in 2017 to USD 2,121.0 Million by 2022, at a CAGR of 23.22% during the forecast period. Aviation-based IGGS are the most crucial and mandatory part of any commercial or military aircraft. Aviation-based IGGS systems prevent explosion in fuel tank of aircraft by blanketing the fuel in the tank. This is done by providing a constant flow of nitrogen gas above the head space of the fuel in the tank. Being a crucial and mandatory component, the demand for aviation-based IGGS systems is expected to increase with increasing aircraft fleet size. The increasing marine cargo vessel fleet due to the growing trade via sea routes is also one of the reasons for the rising demand for marine-based IGGS, as all the ships carrying inflammable cargo such as crude oil, crude products, or flammable chemicals are required to have IGGS systems installed as per the SOLEX Convention. Increasing demand for...

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 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. 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. 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 the land platforms. Browse In-depth Insights: https://www.marketsandmarkets.com/Market-Reports/ammunition-handling-system-market-24...

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 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 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. 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. 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. Browse In-depth Insights: https://www.marketsandmarkets.com/Market-Reports/cubesat-market-58068326.html The Ear...

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 micromarkets with respect to individual growth trends, future prospects, and their contribution made to the overall market. The report also covers competitive developments such as long-term contracts, agreements, and research & development activities in the aerostructures market, in addition to business and corporate strategies adopted by key market players. Based on material, the composites segment of the aerostructures market is anticipated to grow at the highest CAGR from 201...

Increased number of passengers opting for railways as the mode of transport, increased demand for different types of wagons, and adoption of driverless trains by several countries are the major factors driving the railway connectors market. The global railway connectors market size 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. 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 i...

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 hi...

The global unmanned surface vehicle market is estimated to be USD 534 million in 2018 and is projected to reach USD 1,020 million by 2023, at a Compound Annual Growth Rate (CAGR) of 13.8% from 2018 to 2023. This growth can be attributed to the rising demand for maritime security, protection of shallow waters & ports, and need for ocean data & mapping, globally. Defense segment to grow at a higher CAGR in the unmanned surface vehicle market, among all applications during the forecast period 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 veh...

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. The electric actuator segment to grow at a higher CAGR in the robotics and automation actuators market, among all actuation segments during the forecast period 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...

The global aerospace antimicrobial coating market is estimated at USD 22.4 Million in 2017 and is projected to reach USD 31.2 Million by 2022, at a projected CAGR of 6.90% from 2017 to 2022. This growth can be attributed to the increase in safety concerns against contagious diseases from harmful microorganisms and the rise in aircraft deliveries. Based on platform, the aerospace antimicrobial coating market has been segmented into aviation and space. The commercial segment is expected to witness the highest growth rate owing to the increasing aircraft deliveries and safety concerns against contagious diseases from microorganisms. The domination of the commercial segment can also be attributed to the high number of aircraft fleet and expected deliveries across the globe. “Aftermarket segment is expected to have the highest CAGR in the aerospace antimicrobial coating market” Based on fit, the aerospace antimicrobial coating market has been segmented into OEM and aftermark...

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. Based on vertical, the commercial segment is projected to lead the small satellite services market during the forecast period. Small satellites have computational and communication capabilities, along with competencies in making decisions about the time the particular dat...

The global degaussing system market size is estimated to be USD 809.7 million in 2018 and is projected to reach USD 981.2 million by 2023, at a CAGR of 3.92% from 2018 to 2023. Factors such as increasing importance of degaussing system in naval warfare, technological advancement in degaussing equipment, and increasing defense budgets are driving the degaussing system market. The growing of the degaussing system market is mainly driven by the rise in deliveries of naval vessels, coupled with an increase in defense spending in US and emerging countries. Asia Pacific is expected to be the largest market for the degaussing system from 2018 to 2023, followed by Europe.   Based on end user, the OEM segment of the degaussing system market is projected to grow at the highest CAGR from 2018 to 2023. This growth can be attributed to the rise in the delivery of new ships worldwide. Based on vessel type, the submarines segment is estimated to lead the degaussing system market in 2018. The...

The global aircraft heat exchanger market is expected to grow from an estimated USD 1.3 billion in 2021 to USD 2.0 billion by 2026, at a CAGR of 9.2% during the forecast period of 2021-2026. Some of the factors fueling the market’s growth include increasing demand for effective cooling and heating in commercial aircrafts and increase in military spending in many countries worldwide. Based on design, there are mainly two types of heat exchanger used in aircrafts that is plate and fin type and other one is flat tube type. For the forecast period flat tube type of aircraft heat exchanger is expected to show the higher CAGR as compared to plate and fin type. Also, flat tube type heat exchanger would drive the replacement or aftermarket. “The fixed-wing aircraft segment is projected to grow at the highest CAGR during the forecast period” Browse In-depth Insights:   https://www.marketsandmarkets.com/Market-Reports/aircraft-heat-exchanger-market-20018090.html Based...

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. Based on system, the airport operation control center segment is expected to lead the airport information systems market in 2018. Airport operation control centers carry out various airport operations, which include flight dispatches, airport maintenance management, resource management, and cargo handling, among others. The airport operation control centers provide management systems for the efficient oper...