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Showing posts from September, 2021

Satellite Services Market Overview, Key Players, Growth Drivers, Product Scope & Regional Outlook 2022

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 Based on vertical, the commercial segment is projected to lead the small satellite services market during the forecast period. Small satellites h...

Increasing Importance of Radomes for Protecting Antennas and Radars is Set to Drive the Radome Market During the Forecast Period

The global radome market is projected to grow from an estimated USD 1.45 Billion in 2018 to USD 1.83 Billion by 2023, at a CAGR of 4.78% from 2018 to 2023. The North America radome market is driven by factors, such as rapid in the rise in the number of aircraft orders. The growth of the Asia Pacific radome market can be attributed to the rise in disposable incomes and resulting increase in air travel. The introduction of the plasma radome technology for space-based antennas, advanced composite materials for aircraft radomes, and crystal technology for radomes in the aviation industry are expected to contribute to the growth of the radome market during the forecast period. Read More Info: https://www.marketsandmarkets.com/Market-Reports/radome-market-157460281.html Based on offering, the product radome body segment is expected to lead the radome market during the forecast period. The radome body comprises composite materials, such as, glass-fiber, quartz, Kevlar, etc., Other types ...

Port Equipment Market Total Revenue Go Above $36.6 billion by 2025

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. 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. Download PDF Brochure https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=1841195...

Top 10 Sensors Market is projected to reach $101.1 billion by 2026 - MarketsandMarkets™

The global Top 10 Sensors Market were valued at USD 72.7 billion in 2021 and are expected to reach USD 101.1 billion by 2026, at a CAGR of 6.8% during the forecast period. Among the end-user industries, consumer electronics, automotive, and healthcare are the major markets. Some of the reasons are the increasing demand for smart devices in consumer electronics, growing importance of measuring and controlling devices in these industries, and increasing concern toward security and surveillance in these sectors. Browse 153 market data Tables and 68 Figures spread through 373 Pages and in-depth TOC on "Top 10 Sensors Market - Global Forecast to 2026" “Image sensor to dominate the top 10 sensor market during the forecast period.” Image sensors have recently found a major and evolving application in security & surveillance, automotive, and industrial sectors (especially in machine vision systems). These applications have recently started using cameras, creating a huge dem...

Vehicles can fly autonomously or can be piloted remotely and play a significant role in the Fixed-wing VTOL UAV Market Growth

The global 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. 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 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...

Aircraft Mounts Market Segmentation By Application, Regions, Trends, Share and Size 2025

The global aircraft mounts market size is estimated to be USD 606 million in 2019 and is projected to reach USD 915 million by 2025, at a CAGR of 7.1% from 2019 to 2025. The growth of the market can be attributed to the emphasis on providing comfortable air travel experience as well as protection of engineering equipment in aircraft from various vibrations as well as shocks. Based on application, the engine mounts segment is expected to lead the market during the forecast period Based on application, the engine mounts segment is projected to lead the aircraft mounts market during the forecast period. Engine mounts play a crucial role in supporting and protecting aircraft engines from different types of vibrations and shocks. Browse In-depth Insights: https://www.marketsandmarkets.com/Market-Reports/aircraft-mounts-market-75036861.html Based on material, the steel alloys segment is projected to lead the aircraft mounts market during the forecast period Based on material, the stee...

Connectivity Services Segment Projected To Lead VSAT Market from 2020 To 2025

The report on the VSAT Market provides a detailed trend analysis from 2018 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 Very Small Aperture Terminal Market size is projected to grow from USD 9.5 billion in 2020 to USD 13.7 billion by 2025, at a CAGR of 7.5% from 2020 to 2025. The market is driven by various factors, such as the growing demand for VSAT systems from the maritime industry and increasing demand for VSAT on-the-move solutions for various platforms, and commercial services are the major drivers of VSAT market. Based on platform, maritime VSAT is expected to have the second-largest market share during the forecasted period. The growing demand for commerce onboard and higher data rates in commercial ships has driven the maritime VSAT market. Commercial ship operations include operational safety data such as emergency ...

Key Factors Driving The Growth Of The Smart Factory Market Over The Forecast

The global smart factory market size is expected to grow from USD 80.1 billion in 2021 to USD 134.9 billion by 2026; it is expected to grow at a CAGR of 11.0% from 2021 to 2026. The key factors driving the growth of the market are fiscal policies to keep manufacturing facilities afloat amidst COVID-19 crisis, resource optimization, and cost reduction in production operations, increasing demand for industrial robots, rising demand for technologies such as IoT and artificial intelligence in industrial environments, and growing emphasis on energy efficiency. Browse 203 market data Tables and 47 Figures spread through 258 Pages and in-depth TOC on "Smart Factory Market With COVID-19 Impact - Global Forecast to 2026" “Industrial sensors segment held the largest market size of overall component segment of smart factory market in 2020“ The industrial sensors segment is expected to hold the largest share of the smart factory market. The growth of the industrial sensors segment ...

Cost Savings in Civil Infrastructure and ATM Systems are Driving Growth of Remote Towers Market

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. 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 positions (CWPs). Remote towers can control multiple airports controlled simultaneously or on in a sequence as per a pre-determined schedule. 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. The growth of this segment can be attributed to the increased need for sophisticated airport equ...

Ground Support Equipment Market Is Poised To Reach $10.2 billion by 2025

The report Ground Support Equipment Market 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 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 connected to airport terminals. Mobile GSE usually comprise cargo loading equipment and ramp service equipment. The rise in capacity...

Weather Forecasting Systems Market Dynamics, Industry Trends, SWOT Analysis and Forecast

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. The Growth of the weather forecasting systems market can be attributed to 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. 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 acr...

Military Antenna Market in North America is fueled by the modernization programs

The global military antenna market is estimated at USD 3.23 Billion in 2017 and is projected to reach USD 4.30 Billion by 2022, at a CAGR of 5.90% from 2017 to 2022. The military antenna market in North America is fueled by the modernization programs and increasing demand for air defense systems. Apart from this, a significant investment by aircraft manufacturers for the development of innovative technologies is expected to fuel this market. Military modernization programs and increasing procurement of radar and air defense systems is expected to drive the market for military antennas. Based on platform, the airborne segment of the military antenna market is projected to grow at the highest CAGR from 2017 to 2022 due to increasing aircraft deliveries in the commercial and military sectors. Based on application, the electronic warfare segment of the military antenna market is projected to witness the highest growth during the forecast period. Adoption of electronic warfare technique...

Autonomous Ships Market is expected to growing swiftly over the forecast period

The global autonomous ships market is estimated to be USD 5.8 billion in 2020 and is projected to reach USD 14.2 billion by 2030, at a CAGR of 9.3% from 2020 to 2030. The demand for new ships and the retrofitting of existing ships with advanced technologies is expected to grow with the increase in trade activities. The ongoing digitalization and autonomous technologies such as sensor fusion technology, control algorithms, and communication and connectivity will create new services for autonomous ships.  The COVID-19 pandemic has impacted the autonomous ships market significantly. The spread of COVID-19 has also forced autonomous ships companies to implement a remote working and digital technologies for business continuation and fleet optimization. For example, shipping companies and original equipment manufacturers are using artificial intelligence for predictive maintenance, intelligent scheduling, real-time analytics, and improving performance. This break in business operation...

Unattended Ground Sensors Market is Driven By Huge investments in setting up new airports in Asia Pacific and Middle East

The global unattended ground sensors market size is expected to grow from USD 363.8 Million in 2017 to USD 457.9 Million by 2022, at a CAGR of 4.71% from 2017 to 2022. Factors such as changing nature of warfare and rise in the terrorism, geopolitical issues, and insurgencies across countries in the world are driving the growth of the market. Browse 62 market data Tables and 49 Figures spread through 127 Pages and in-depth TOC on "Unattended Ground Sensors (UGS) Market - Global Forecast to 2022" Critical Infrastructure is projected to grow at a high rate in unattended ground sensors market during the forecast period On the basis of end-user, the unattended ground sensors market has been segmented into security and critical Infrastructure. The critical infrastructure segment includes utilities, and industrial & commercial facilities. The critical infrastructure segment covers chemical plants, oil & gas operations (remote assets as well as pipelines), mining operati...

Aircraft Exhaust System Market Key Influencing Company Profiles, Region, Strategic Growth

An aircraft exhaust system acts as a guide way for exhaust gases from aircraft engines and performs the task of sound suppression during the normal working of an aircraft engine. These structures are situated at the rear end of aircraft engines and provide an aerodynamic shape to aircraft engines, which helps reduce drag. The global aircraft exhaust system market is projected to grow from an estimated USD 679.0 million in 2018 to USD 987.4 million by 2023, at a CAGR of 7.78% from 2018 to 2023. The North America aircraft exhaust system market is growing at a significant pace due to factors such as a rapid rise in the number of aircraft orders. The growth of the Asia Pacific Aircraft exhaust system market can be attributed to the rise in disposable incomes and increase in air travel. The introduction of technologies such as the electronic Thrust Reverser Actuation System (eTRAS) and the use of advanced composite & ceramic materials for aircraft exhaust systems are expected to con...