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 Rise in the defense spending of emerging economies, growing regional tensions, and an increasing number of inter-country conflicts are major factors driving the military radars market. The increasing deployment of ballistic and stealth missiles in active war zones has also led to a significant increase in the demand for military radars across the globe. The global military radars market size is projected to grow from USD 14.0 billion in 2020 to USD 17.4 billion by 2025, at a CAGR of 4.4% during the forecast period. Increasing threats from high-speed missiles and aircraft have led to an increase in demand for surveillance and fire control radars. The increasing deployment of ballistic and stealth missiles in active war zones has also led to a significant increase in the demand for military radars across the globe. Increasing threats from high-speed missiles and aircraft have led to an increase in demand for surveillance and fire control radars. Rise in the defense spending of eme...

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...

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 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 contribute to the market growth during the forecast period. Aircraft exhaust system manufacturers are focusing on enhancing their market shares through research & development activities to minimize weight, drag, and fuel consumption of aircraft, and enable a greener environment. In addition, they are also working toward de...

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...

The global  satellite payloads market is estimated at USD 3.7Billion in 2021 and is projected to reach USD 11.3 Billion by 2026, at a CAGR of 24.8% from 2021 to 2026.  Growing investments by several governments particularly in developed and developing economies such as the US, India, and China, among others. The satellite payloads are used for several applications, including communication, earth observation and remote sensing, mapping and navigation, scientific research and exploration, surveillance and security, space observation, and various other applications by defense, intelligence, civil, commercial, and/or government users Continuous advancements in the miniaturization of satellite payloads through technological advancements in digital components, low-mission costs, and the increasing use of satellite constellations are major drivers for the growth of this market. COVID-19 has affected the Satellite payloads market growth to some extent, and this varies from country to...