Latest Global Market Research

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. 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 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 report Aircraft Landing Gear Market is estimated to be USD 6.9 billion in 2021 and is projected to reach USD 9.6 billion by 2026, at a CAGR of 6.7%. The growth of this market is mainly driven by the increasing aircraft deliveries due to growing passenger traffic and upgrades in existing aircraft. Advancements in existing types of aircraft as well as new technological developments for enhancements in aircraft performance and efficiency are expected to drive the market for aircraft landing gear across the globe. The aircraft pumps market includes major players Collins Aerospace (US), Safran (France), Liebherr (Switzerland), Heroux-Devtek(Canada) and Triumph Group(US). These players have spread their business across various countries includes North America, Europe, Asia Pacific, Middle East, Africa, and Latin America. COVID-19 has impacted their businesses as well. The COVID-19 pandemic has impacted the end-use industries adversely, resulting in a sudden dip in 2020 aircraf...

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 to rise in air passenger traffic across the globe. Moreover, airlines are concerned about enhancing the customer experience and as such, are investing in carrying out upgradation of their existing aircraft fleets. Based on type, the In-flight Entertainment & Connectivity (IFEC) segment of the aircraft cabin interiors market is projected to grow at the highest CAGR during the forecast period. The in-flight entertainment & connectivity segment of the aircraft cabin interiors market is projected to grow at the highest CAGR from 2018 to 2025. The growth of this segment can be attributed to an increased demand for in-flight entertainment & connectivity systems as they have become an alternate source ...

The global VSAT 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 information, data related to video monitoring using IP-based CCTV systems, and telemetry data. Hughes Network System, Cobham, KVH Industries, Intelsat, and Orbit Communication System are major providers of VSAT systems for commercial ships. Based on end use, the broadband/data network is es...

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 equipment for high quality input data transfer to remote towers, as the transfer of error-free data and voice communication to a remote tower is crucial for the functioning of remote virtual towers. APAC is expected to be the fastest-growing market during the forecast period. This growth is attributed to the upcoming new regional airports in countries such as China and India. Increasing air traffic is also expected to drive the growth of the remote towers for contingency operations in the region. Saab and the Airports Authority of India (AAI) signed a Memorandum of Understanding (MoU) in January 2019 to conduct research on air traffic ...

The report on the precision guided munition market provides a detailed trend analysis from 2021 to 2026. 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 precision guided munition market is projected to grow from USD 32.8 billion in 2021 to USD 41.0 billion by 2026, at a CAGR of 4.5% from 2021 to 2026. The market is driven by various factors, such as rise in defense expenditure, and increasing demand for advanced precision guided munition to counter the modern combat and to safeguard the country’s border. Based on technology, the precision guided munition Market will majorly be driven by the increase in demand of technologically advanced precision guided munition. There has been a significant rise in the demand for technologically advanced precision guided munition throughout major and growing countries. Various countries are focusing...

The global military power solutions market is projected to reach USD 9.01 billion by 2022, at a CAGR of 9.07% from 2016 to 2022. The global defense electronics market is expected to witness growth in the coming years, owing to the increased defense budgets in various countries across the globe. The military power solutions market is expected to witness major trends in the form of lithium-based batteries and fuel cells. Furthermore, more efficient and lightweight solar power and fuel cells are expected to be developed for use in the military sector. By type, the portable segment of the military power solutions market is projected to witness the highest growth during the forecast period. The growth of this segment can be attributed to the rising need for portable and compact energy sources to reduce the weight of power sources that can be easily carried by soldiers during missions. Based on source, the fuel cells segment of the military power solutions market is projected to witness ...

Contracts are the key strategy adopted by industry players to grow in the hydrographic survey equipment market. The core competencies of these market players include their widespread geographical presence and increased investments in R&D. The global hydrographic survey equipment market is projected to grow from USD 2.07 Billion in 2016 to USD 2.74 Billion by 2022, at a CAGR of 5.39% from 2017 to 2022 during the forecast period. Growth in this market can be attributed to the rise in maritime trade, increased use of UUVs and USVs to conduct hydrographic and oil & gas surveys. The unmanned vehicles segment is estimated to account for the largest share in the hydrographic survey equipment market in 2017 and is projected to grow at the highest CAGR during the forecast period. Based on type, the unmanned vehicles segment is estimated to account for the largest share in the hydrographic survey equipment market in 2017 and is projected to grow at the highest CAGR during the foreca...

The global military power solutions market is projected to reach USD 9.01 billion by 2022, at a CAGR of 9.07% from 2016 to 2022. The global defense electronics market is expected to witness growth in the coming years, owing to the increased defense budgets in various countries across the globe. The military power solutions market is expected to witness major trends in the form of lithium-based batteries and fuel cells. Furthermore, more efficient and lightweight solar power and fuel cells are expected to be developed for use in the military sector. By type, the portable segment of the military power solutions market is projected to witness the highest growth during the forecast period. The growth of this segment can be attributed to the rising need for portable and compact energy sources to reduce the weight of power sources that can be easily carried by soldiers during missions. Based on source, the fuel cells segment of the military power solutions market is projected to witness ...

The report provides an in-depth market intelligence regarding major factors, such as drivers, restraints, opportunities, and industry-specific challenges influencing the growth of the market, along with analyzing with respect to individual growth trends, future prospects, and their contribution to the space launch services market. The global space launch services market size is estimated to be USD 8.88 Billion in 2017 and is projected to reach USD 27.18 Billion by 2025, at a CAGR of 15.01% during the forecast period. The increase in demand for small satellites, rise in space exploration activities, and technological advancements to develop low-cost launch vehicles are key factors driving the growth of the space launch services market. The objective of this study is to define, describe, segment, and forecast the space launch services market, and map the segments as well as subsegments across major regions, namely, North America, Europe, Asia Pacific, and Rest of the World (RoW). Br...

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 a 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. Download Pdf Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=75036861 Based on material, the steel alloys segment is projected to lead the aircraft mounts market during the forecast period Based on material, the steel alloys segment is ex...

The global Aircraft Filters Market size is projected to grow from USD 823 million in 2021 to USD 1,002 million by 2026, at a CAGR of 4.0% from 2021 to 2026. The market is driven by various factors, such as an increase in aircraft renewals and aircraft deliveries. The hydraulic system segment is expected to be the largest market by value. Hydraulic fluids play a crucial role in aircraft systems for lubrication, creating an energy transmission channel as well as providing a means for heat transfer. Most hydraulic system failures are caused due to contamination within the systems. These systems cannot perform if any of their functions are compromised. Contamination can lead to losses by way of high maintenance costs, increased downtime, and high replacement costs. The purpose of hydraulic filters is twofold: to keep the oil clean and to reduce on-going maintenance costs. Hydraulic filters will always play a crucial role in aircraft and aircraft systems since they are required in all fu...

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. 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 capabi...

Increasing demand for scalable air traffic navigation services is fueling the remote tower market. The remote tower system is a remote air traffic control (ATC) room with video-sensor-based surveillance instead of the conventional out-of-the-window view from a real tower. The global air traffic control market size is projected to grow from USD 9.3 billion in 2019 to USD 12.3 billion by 2025, at a CAGR of 4.8%. Factors such as modernization of air traffic management (ATM) infrastructure, an increase in the number of airports in emerging economies, and the need for efficient airspace management are anticipated to drive the growth of the air traffic control market. Remote tower systems are gaining popularity as they are cost-effective. Remote tower systems provide an integrated solution of subsystems that facilitate a wide range of services over conventional Air Traffic Services (ATS). High definition real-time images are transferred via the data network to an integrated controller wo...

The report on the 5G in the defense Market provides a detailed trend analysis from 2019 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 5G in defense market size is projected to grow from USD 64  million in 2020 to USD 1,318 million by 2025, at a CAGR of 57.9% from 2021 to 2025. Factors such as the are the Higher network speed, and lower latency in 5G, and the growing adoption of autonomous and connected devices are driving factors assisting the growth of 5G in the defense market. Based on communication infrastructure, the small cell segment is expected to be the largest market by value. Currently, 5G network operators are facing challenges with regard to growth in the levels of data traffic and signaling on communication networks, rise in user expectations of service quality, need to support a variety of data traffic (includ...