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Showing posts from October, 2021

Global Aircraft Aftermarket Parts Market Global Industry Analysis, Size, Share, Growth, Trends And Forecast 2023

  Overview   The global aircraft aftermarket parts market will grow at a CAGR of 7.63% during the forecast period 2017 to 2023. The market for aircraft aftermarket parts is set to reach decent value. As per global market analysts, the global market is anticipated to witness growth owing to the factors such as the growing fleet of commercial aircraft as well as the aging military aircraft fleets. However, the global market will face challenges and restraints due to high import duties on aircraft spare parts and stringent rules and regulations during the forecast period 2017 to 2023. The availability of aircraft aftermarket parts on e-commerce platforms in this market will support the growth. As per aircraft aftermarket parts market analysts, the global market based companies will face certain challenges during the forecast period 2017 to 2023. The aircraft aftermarket parts market research report provides in-depth analysis of the aircraft type and parts segments. The air...

Used Serviceable Material (USM) Market Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2024

  Market Highlights The growth of the global market for used serviceable material (USM) is largely driven by the increasing demand for the number of replacement parts of aircraft by aircraft manufacturers in developing nations. This is leading to an increased demand for maintenance and repair facilities. This has led aircraft manufacturers to procure used parts for various applications. Moreover, the need to modernize the older aircraft with new, reliable, and latest technologies is fueling the growth of the global market for used serviceable material (USM). The global USM market has been segmented based on product type, aircraft type, provider type, and region. On the basis of product type, the market has been segmented into engine, components, and airframe. The engine segment accounted for the largest share due to the use of engine components from retired aircraft, in various aircraft engines. The component segment is expected to register the highest growth rate during th...

Counter-UAS Market Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2024

       Overview The  Global Counter-UAS Market  is expected to reach  USD 2,235.1 Million by 2024 , expanding at a  CAGR of 28.50%  during the forecast period. The counter-UAS providers are investing heavily in advanced technologies to offer enhanced security and detection capabilities to the armed forces. For instance, the SkyWall 100 system by Counter Drone Solutions, an Australia-based company, has an onboard artificial intelligence (AI) computer that can identify a drone and analyze its movements to ensure capture. This shoulder-mounted system uses compressed air to fire a net, which ensures that the drone doesn’t break as it guides back down to ground. The SkyWall 100 can be reloaded quickly and easily to capture multiple drones in less time. Segmental Analysis The global counter-UAS market has been segmented by technology, platform, system configuration, end use, and application. By technology, the global counter-UAS market ha...

Unattended Ground Sensors Market Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2025

  Overview Global Unattended Ground Sensors Market  is expected to reach  USD 533.4 Million by 2025  at a  CAGR of 4.71%  during the forecast period of  2019 to 2025 . The changing nature of warfare, terrorism, geopolitical issues and rising insurgency across the globe are the factors driving the growth of the market. However, the operational issues associated with UGS are expected to restrain the market growth during the forecast period. Segmental Analysis The Global Unattended Ground Sensors Market has been segmented based on Sensor Type, Deployment, and End User. Based on sensor type, the unattended ground sensors market has been segmented into seismic, acoustic, magnetic, and infrared. The seismic segment dominated the market with a valuation of  USD 198.8 Million in 2018  and is expected to reach  USD 265.4 Million by 2025 . A seismic sensor can detect and classify intruders on foot and vehicles. This sensor also...

Delivery Drone Market And Opportunities With Future Growth Scenario By 2023

  Market Highlights The delivery drones have significant implications on transportation companies that are engaged in transportation of high value products. As drone adoption accelerates, there will be shift from drone makers to the providers of drone-related services on the business front. Companies, such as Amazon, UPS, and Google, are experimenting with drones for delivery purposes instead of diesel-burning delivery trucks. Therefore, delivery drone sales are expected to rise significantly during the forecast period. The factors driving the growth of the market include the surging application of drones in the commercial sector and innovation in cargo transportation. In the commercial sector, goods such as letters, meals, medicines, and other packages are delivered using drones. However, the stringent regulations by the Federal Aviation Administration (FAA) and logistic challenges are restricting their implementation. The market in North America is expected to witness the h...

Airport Ground Support Equipment (GSE) Market And Opportunities With Future Growth Scenario By 2023

  Airport Ground Support Equipment (GSE) is found at the airport terminals for additional aircraft and passenger support, facilitating smooth transits with greater security, accuracy, and increased performance. GSEs are mainly used for operations at the robust airports for aircraft handling, passenger handling, and cargo handling. Simultaneously, these also benefit the aircraft maintenance and service between flight stoppages. Increase in the air travels over the past decade has been prompting the increase in the crucial airport operations. Considering these factors the governments in the countries across the globe are increasingly investing in infrastructure development including the redevelopment of airports’ infrastructures. This, in turn, has led to an increase in the demand for airport GSE and substantial investments for the development of GSEs. As a result, the airport ground support equipment market is witnessing a rapid growth, worldwide, which is expected to increases ...

Aerobatic Aircraft Market And Opportunities With Future Growth Scenario By 2025

  Market Forecast The increasing demand for aerobatic aircraft for leisure and training purposes is driving the market growth.   Market USP Growing Demand for Aerobatic Aircraft for Training Purposes Growth Opportunities in the Market The single-enginesegmentis expected to dominatethe market :The single-engine segment accounted for the largest market share and is expected to register a higher CAGR during the review period. These aircraft are compact and can accommodate a limited number of passengers. The growing use of single-engine aerobatic aircraft for training purposes is likely to fuel the segment growth over the forecast duration. The leisure applicationsegment is expected to register the highest growth in the market :Increasing adventure tourism has positively affected the demand for aerobatic aircraft for leisure purposes. Earlier leisure travel was limited to only developed countries; however, it is gaining traction in emerging countries as well in...