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Showing posts from October, 2020

Autonomous Navigation Market is estimated to register a CAGR of nearly 16.03% during the forecast period

  Market Highlights The global autonomous navigation market is expected to register significant growth during the forecast period owing to various factors such as the increasing demand for autonomous robots in the logistics industry and rising adoption of autonomous navigation systems by the governments in various countries such as the US to offer enhanced security to citizens. However, the absence of required infrastructure in developing economies and vulnerability to cyber threats may hamper market growth. The global autonomous navigation market has been segmented based on solution, platform, application, and region. On the basis of solution, the global autonomous navigation market has been segmented into processing unit, sensing system, and software. The sensing system segment is expected to account for the largest market share during the forecast period of 2019 to 2024. However, the software segment is expected to register the highest CAGR during the forecast period. T...

Urban Air Mobility Market Forecast Is Estimated To Register A CAGR Of Nearly 20% During The Forecast Period

  Market Highlights           UAM is a safe and efficient system for air passenger and cargo transportation within an urban area, inclusive of small package delivery and other urban Unmanned Aerial Systems (UAS) services, which supports a mix of onboard/ground-piloted and increasingly autonomous operations. Government agencies, industries, and other organizations are all actively gauging the prospect for UAM to disrupt the market and create new and innovative business models. Going forward, UAMs are expected to be largely used for various industrial applications, including civilian, last mile delivery, transport and logistics, aerial imaging systems, medical air rescue, and road traffic patrol, among others. This creates a pool of opportunity for such services providers to bring new ways for people to travel around cities and urban areas while reducing congestion. Several major strategic developments have been undertaken on the VTOL ...

Anti Sniper Detection System Market Size To Expand at a Notable CAGR Of 20% During 2018 - 2023

  Market Highlights Anti-sniper detectors, when set up in a required location,  can detect the presence of optical systems even if not pointed directly towards it. They detect the lens reflection of a laser flash to identify the snipers before they can take a shot. These are current technologies being predominantly developed by the US. New and existing players in the anti-sniper detection system market are expected to see sizable growth during the forecast period. Anti-sniper detection devices are a necessity in modern warfare. The precision of the anti-sniper detection system is especially important. With the increasing security threat, market players are focused on availing technologies that safeguard human life by providing with enhanced security features among the detection system. Based on applications, the anti-sniper detection system market has been into perimeter intrusion, border control & protection, protection of critical infrastructure, VIP protection, an...

Homeland Security Market Size To Expand at a Notable CAGR Of 5.82% During 2018 - 2023

  Homeland Security Market Research Report: Information by System (Weapon System, Communication System, Access Control System, Platforms), by End Use (Aviation Security, Maritime Security, Border Security, Others), & by Region — Global Forecast till 2023 Market Highlights Homeland security refers to countermeasures undertaken by the government of specified countries to curb terrorist attacks. Factors such as the increasing number of terrorist attacks and cyber-crimes are propelling the market growth. Furthermore, activities undertaken by various governments for the upgrade of outdated infrastructure and equipment is also boosting the market growth. is also propelling the market growth. Homeland security solutions offer features such as biometrics, data analytics, and intelligence and linguistic services that assist officials in offering enhanced safety and security to the citizens. These features enable officers in receiving real-time information about potential threats and...

Global Aircraft Tire Market to Expand on Account of Extending Air Consumer Base

  Market Research Future (MRFR) in an exhaustive study. The global aircraft tire market is expected to catapult to USD 1,525.6 Mn by the end of 2023 from USD 1,192.4 Mn in 2017.  Growth in the global aircraft tire market is stemmed from the expanding air traffic on a global scale. The global air passenger traffic has shown an increasing trend in the last couple of years due to low airfare and increased affordability which has attracted massive investment for new aircrafts. Also, the rise in a number of new airlines in multiple countries to take advantage of the growing consumer base has consequently resulted in heightened demand for aircraft tires. Aviation giants such as Airbus and Indigo Partners are procuring new aircrafts to cater to the vast passenger base which boosts the OEM aircraft tire segment. China is likely to surpass the US and become the largest aviation market which will foster the market growth over the forecast period.   Aircraft tires need replace...

CubeSat Market Size To Expand at a Notable CAGR Of 19.83% During 2018 – 2023

  Market Highlights The global space market was valued between USD 117 billion and USD 143 billion in 2017 and is estimated to grow to USD 300 billion by 2030. The space industry is an ecosystem of businesses and academia that rely on space-based technologies and data. Increasing investments by various governments in space projects are propelling market growth. However, the harsh environmental conditions faced by spacecraft such as extreme temperatures and a significantly increased threat of radiation damage pose a serious challenge to market players. New and existing players in the space electronics market are expected to see sizable growth during the forecast period. Increase in the production of satellites and the growing entry of commercial space companies are contributing to the demand for electronics in the space industry. Based on component type, the global space electronics market has been segmented into discrete semiconductors, optoelectronics, integrated circuits,...

CubeSat Market Size To Expand at a Notable CAGR Of 19.83% During 2018 – 2023

  Market Highlights CubeSats offer advanced functionalities such as automated data gathering, warning systems, and enhanced imaging capabilities. These functions assist scientists in performing space exploration and earth monitoring activities with precision and safety. Furthermore, increasing investments by various governments in space projects are propelling the market growth. However, the rigid design structure of CubeSat may hamper the market growth. The global CubeSat market has been segmented based on size, subsystem, application, end user, and region. On the basis of size, the market is divided into 0.25u-1U (Up to 2.0 Kg), 2U (2.0 Kg to 4.0 Kg), 3U (4.0 Kg to 6.0 Kg), 6U (6.0 Kg to 12.0 Kg), 12U (Above 12.0 Kg), and >12 U. The 3U segment dominated the global market, in 2017, and is anticipated to grow at the highest CAGR over the forecast period. These systems assist in air traffic data collection and science missions, therefore, the segment is expected to propel ove...

Battlefield Management Systems Market Is Expected To Reach USD 17943.02 Million By 2025: MRFR

  Overview   Global Battlefield Management Systems Market Is Expected To Be Valued At USD 17943.02 Million By 2025 At A CAGR Of 4.94% During The Forecast Period Of 2018 To 2025. A BMS helps integrate information acquisition and processing to improve control and command of combat operations. The system enhances situational awareness by providing accurate real-time information, flexible communications, virtual reconnaissance, and dynamic situational awareness efficiently to the field commander. The BMS enables the commander to make the right decisions at the right time. Segmental Analysis The global battlefield management systems market has been segmented based on type and application. Based on the type, the battlefield management systems market has been divided into commander systems, dismounted soldier systems, communication network systems, and others. The commander systems segment is projected to dominate the market with a valuation of USD 3507.29 million in 2018...

Integrated Bridge System Market Manufacturers Size To Expand At A Notable CAGR Of 2.95% During 2018 - 2023

  Overview: As per the latest study conducted by Market Research Future (MRFR), the global integrated bridge systems (IBS) market will post 2.95% CAGR during the forecast period (2018-2023) and reach a valuation in excess of USD 6,000 Mn. IBS is witnessing widespread popularity in commercial, naval and cargo ships. It is being increasingly relied upon for controlling navigation systems. Moreover, it allows a greater operation transparency as well as complements communication capabilities. There has been a substantial uptick in seaborne trade globally. This is creating growth avenues for the global IBS market. Rapid urbanization in fast developing countries and globalization are two of major factors boosting trade between countries from different continents. At the same time, the growing number of military or naval frigates, stealth frigates and aircraft carriers is also driving the growth of the global IBS market. Increased efforts towards expanding port capacity and developm...

Aircraft Interface Device Market by Aircraft Type Size To Expand at a Notable CAGR Of 10% During 2018 – 2023

  Aircraft Interface Device Market Is Estimated To Register A CAGR Of More Than 10% During The Forecast Period Of 2018 To 2023. Market Highlights The global aircraft interface device market has been segmented based on aircraft type, connectivity, end-user, fit and region. Based on connectivity, the aircraft interface device market is divided into wired and wireless. The wireless aircraft interface device segment is estimated to witness the highest CAGR as these devices are portable and are more preferred over wired devices. Installing and setting up is also comparatively simpler. Furthermore, wireless devices also eliminate aspects such as monitoring wire defects and loose interconnections. Based on end-user, the aircraft interface device market is divided into civil and military. The civil segment is estimated to account for the largest market share and is projected to witness a higher CAGR during the forecast period. Meanwhile, rising defense spending especially in develo...