Latest Global Market Research

The growth of the soldier systems market can be attributed to the increasing incidences of terrorism and ongoing soldier modernization programs across the globe. The soldier systems market is projected to grow from USD 9.78 billion in 2018 to USD 14.14 billion by 2023, at a CAGR of 7.65% from 2018 to 2023. Among end users, the military segment is expected to lead the soldier systems market in 2018, and this trend is expected to continue till 2023. The growth of the military segment of the market can be attributed to the fact that military forces across the globe are upgrading their existing soldier systems to enhance the survivability of soldiers. Ongoing soldier modernization programs, increasing cross-border conflicts, and rising number of terrorism-related activities across the globe are also contributing to the growth of the military segment of the soldier systems market. Browse In-depth Insights: https://www.marketsandmarkets.com/Market-Reports/soldier-system-market-137230260....

The global port equipment market is estimated at USD 29.2 billion in 2018 and is projected to reach USD 36.6 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 3.30% from 2018 to 2025. Factors such as the increasing seaborne trade across the globe and the growing number of container shipments in Asia Pacific and the Middle East are expected to fuel the growth of the port equipment market. Based on equipment type, the straddle carriers segment is estimated to lead the port equipment market during the forecast period. These are used for lifting and lowering containers, both vertically and horizontally. Straddle carriers are used in container handling have lifting capacities ranging from 40 to 60 tons. As per the industry experts, the demand for straddles is mostly generated from port terminals in Germany, the Netherlands, and the UK. Equipment manufacturers are focused on offering hybrid straddle carriers for port terminals owing to the growing requirement of advanced cargo h...

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...

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. 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 remote towers market during the forecast period. 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) ...

The global Smart Airports Market Size is projected to reach USD 6.4 billion by 2025 from USD 2.2 billion in 2019, registering a CAGR of 19.8% from 2019 to 2025. Improved passenger experience with the help of real-time information is a significant growth driver for the smart airports market. Optimization of airport operations and increased connectivity also drive this market. Increasing demand for self-service check-ins and baggage drop units around the world has given rise to this segment. The implementation segment is estimated to have a larger share due to the rapid modernization of airports. With an increase in passenger footfall, airports need to upgrade their systems to facilitate smooth airport operations without delay. They must also adopt efficient measures that improve their operational efficiency as well as save costs. The landside application segment of the smart airports market is expected to grow at the highest rate during the forecast period. The focus of airports to ...

The global 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. Increasing demand for wheeled robots is driving the growth of Wheeled UGVs The wheeled segment is expected to be the l...

The global aviation analytics market size is projected to grow from USD 1.7 billion in 2020 to USD 3.0 billion by 2025, at a CAGR of 11.5% from 2020 to 2025. Some of the factors that are expected to fuel the growth of the aviation analytics market include the increasing focus on analytics solutions and competitive intelligence to increase profitability of aviation business and increasing customer centricity in aviation industry. Based on component, the services 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 from airlines and airports for suplly chain planning, and inventory management services. Lufthnasa Technik offers aviation analytics service in form of aircraft maintenance consulting. Based on application, the mobility & functionality segment is projected to grow at the highest CAGR during forecast period. Based on application, the mobility & functionality segment is pro...

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...

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 autonomous navigation market is estimated at USD 2.2 billion in 2018 and is projected to reach USD 13.5 billion by 2030, at a Compound Annual Growth Rate (CAGR) of 16.19% from 2018 to 2030. Factors such as the development of sense & avoid systems in autonomous systems, high adoption of autonomous systems for commercial and military purposes, and demand for autonomous robots in logistics are expected to fuel the growth of the autonomous navigation market. The software segment to grow at a higher CAGR in the autonomous navigation market during the forecast period Based on solution, the software segment is estimated to lead the autonomous navigation market during the forecast period. With advancements in technology, artificial intelligence has made most processes easy. Technologies like machine learning (ML) and computer vision are used to train computers to perform specific tasks by processing large volumes of data. AI is gaining momentum because of its ability to add ...

The global 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.  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 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 m...

The global flight simulator market size 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. 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 rising all over the world. Therefore, the growth of the UAV platform is projected to drive the growth of the flight simulator market during the forecast period. Also, helicopter flight simulator market is supported...

The global aircraft electrification market is estimated to be USD 3.4 billion in 2022 and is projected to reach USD 8.6 billion by 2030, at a CAGR of 12.2% from 2022 to 2030. players have adopted various growth strategies, such as partnerships, agreements, and collaborations; and new product launches, to further expand their presence in the global aircraft electrical systems market. Partnerships and new product launches have been the leading strategies adopted by major players from 2014 to 2018. The major factors driving the market include technological advancements in aircraft electrical systems and the adoption of the more electric aircraft concept, which lead to the increasing need for enhanced aircraft electrical systems. There has been a rapid rise in research activities for the development of commercially viable electric aircraft. The important driver for these research activities and introduction of new electric aircraft in the market are the various advantages of aircraft e...

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 (including data, audio, and video) with high speed and reliability, and the need for improved capacity and coverage to target new revenue opportunities. To address these challenges, operators and service providers are developing and deploying small cells on a large scale and at a faster pace. ...

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 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 broa...