Latest Global Market Research

The global vision positioning system market is estimated to be valued at USD 5.58 billion in 2017 and is projected to reach USD 9.25 billion by 2022, at a CAGR of 10.65% from 2017 to 2022. With the advent of the GPS (Global Positioning System) technology, the application of positioning systems has increased significantly. Positioning systems are extensively used for outdoor navigation in various sectors, such as defense, tourism, and logistics & transportation, among others. However, for navigation in indoor locations, the GPS-based positioning systems lack accuracy and signal strength. Besides, GPS signals are also restricted over various high sensitive areas, such as military bases, research labs, and underground locations. Hence, vision positioning systems are extensively used for local navigation in these areas. Browse 138 market data Tables and 49 Figures spread through 185 Pages and in-depth TOC on "Vision Positioning System Market - Global Forecast to 2022" Br...

The global Unmanned Underwater Vehicles Market size is estimated at USD 2.69 Billion in 2017 and is projected to reach USD 5.20 Billion by 2022, at a CAGR of 14.07% from 2017 to 2022. 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. Browse 119 Market Data Tables and 72 Figures spread through 294 Pages and in-depth TOC on "Unmanned Underwater Vehicles (UUV) Market - Global Forecasts to 2022" Read More Info: https://www.marketsandmarkets.com/Market-Reports/unmanned-underwater-vehicles-market-140710720.html The commercial exploration segment of the Remotely Operated Vehicle (ROV) market is expected to witness the highest growth during the forecast period. This growth can be attributed to the increased demand for UUVs in commercial applications, such as surveys and seabed mapping, offshore drilling, and pipeline inspection. Based on payload, the sensors segme...

The increasing demand has led to the implementation of smart applications on Greenfield projects and, as a part of modernization, upgrades on brownfield airport projects. During the forecast period, the implementation segment is estimated to have a larger share due to the rapid modernization of airports. 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 facili...

The growing military modernization programs and increasing demand for precision guided munitions to minimize collateral damage are some of the factors expected to drive the growth of the precision guided munition market. The global precision guided munition market is projected to grow from USD 30.0 billion in 2019 to USD 47.5 billion by 2025, at a CAGR of 8.0% from 2019 to 2025. Browse 152 market data Tables and 54 Figures spread through 188 Pages and in-depth TOC on "Precision Guided Munition Market - Global Forecast to 2025" “Growing military modernization programs and increasing demand for precision guided munitions are key factors fueling the growth of the precision guided munition market across the globe.” Many countries are focusing on increasing their R&D spending & initiate programs for the development of lightweight, portable, and efficient next-generation precision weapons. The increasing use of satellite networks, navigation aids, and drones to destroy...

The major driving factors for the autonomous navigation market are the adoption of autonomous robots for commercial and military purposes and the demand for autonomous robots in logistics. 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 factors that are expected to fuel the growth of the autonomous navigation market are the development of sense & avoid systems in autonomous robots, the high adoption of autonomous robots for commercial and military purposes, and demand for autonomous robots in logistics. Based on solution, the software segment is estimated...

The major factors driving the market include the growing influence of electronics in aircraft and increasing demand for In-flight entertainment & connectivity (IFEC).The global Aircraft Switches Market is projected to grow from USD 2.2 billion in 2019 to USD 2.6 billion by 2025, at a CAGR of 3.2% during the forecast period. The automatic type segment is projected to grow at the highest CAGR during the forecast period. The automatic switches type segment is projected to grow at the highest CAGR due to its widespread use in an aircraft’s electrical system and acts as a bridge as they take small electric currents from components such as sensors to drive bigger systems. Automatic switches contain sensors or elements that activate them through a machine motion or a physical process. They do not require human interference to be operated. They are calibrated to act automatically based on the feedback they receive. These include limit, pressure, temperature, flow, network, and re...

Aircraft cabin interiors refer to different products or equipment installed inside passenger cabins of aircraft that are directly or indirectly used by passengers and crew to enhance the flying experience of passengers. The products used in aircraft cabin interiors vary with respect to type as well as class of aircraft. Various types of aircraft cabin interior products are aircraft seating, in-flight entertainment & connectivity, aircraft cabin lighting, aircraft galley, aircraft lavatory, aircraft interior panels, aircraft windows & windshields, and aircraft stowage bins. Typically, these products are designed taking into consideration their own weight that impacts overall aircraft fuel efficiency. The aircraft cabin interiors market 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 ...