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Showing posts from April, 2021

Global Aircraft Synthetic Vision System Market is expected to Showcase Rampant Growth Over 2027

Aircraft Synthetic Vision System Market – Market Overview Aircraft synthetic vision system (SVS) uses database of terrain, runways, obstacles, airport, and flight plan information, to create a virtual reality display of the external environment that corresponds to the features of the outside world. It combines the database, position sensor, computing platform and a display, to present a computer-generated view to the pilot in the cockpit. SVS system helps to enhance situational awareness by providing a natural and intuitive view of the external environment even in low-visibility conditions and night time. These SVS features translate to increased operational capability of the aircraft at various weather conditions and also reduces the chances of accidents. The demand for fixed-wing aircraft (for commercial, general aviation, and military applications) has been growing worldwide and so has the utilization of rotorcraft and UAVs. All these aircrafts utilize the cockpit display system

Airborne ISR Market is expected to rise at a CAGR of 4.10% during the forecast period

Overview: The airborne ISR finds significant application in determining intruder’s strength, movements and activities. This ISR system get controlled by secret intelligence services. This particular technological advancement provides real-time situational awareness and response. Air defense system, command centers, and others are gaining much profit from this market. The airborne ISR market is all set to rise by  4.10%  during the forecast period ( 2017-2023 ). Market Research Future (MRFR) in their report claimed that the CAGR this market is about to garner can help the airborne ISR market cross the expected valuation of  USD 27,786.6 million by 2023 . The airborne ISR market is witnessing a rise in demand in sync with burgeoning UAV industry. At the same time, the rising security threats across the globe is spurring the demand for inclusion of sophisticated ISR systems which is also providing much traction to the global market. Launch of wireless sensors and a shift towards en ro

Military Electro-Optical and Infrared Systems Market to witness a CAGR growth of 7% during the forecast period

The global Military Electro-Optical and Infrared Systems market is expected to grow at a CAGR of around 7% during 2016-2021. As per the MRFR analysis, this growth is driven by growing demand for vetronics, and investments in InGaAs detector systems. Factors impacting the market are declining defense budget in US and UK and regulatory issues with regards to all three platforms (air, naval, and land). Shifting trend towards EO/Laser Guidance Systems is also significantly contributing towards the increase in demand. Access Full Report @  https://www.marketresearchfuture.com/reports/military-electro-optical-infrared-systems-market Americas to dominate the Global   Military Electro-Optical and Infrared Systems Market in 2021 Americas will dominate the electro optic and infrared sensor market during the forecast period. With increased investment and procurement of weapons systems in land, naval, and air platforms, APAC will register the maximum growth in the forecast period. Ask

Global Commercial Airport Baggage Handling Systems Market is expected to Showcase Rampant Growth Over 2027

Market Scenario Market Research Future (MRFR) predicts that the commercial airport baggage handling systems market is projected to grow at a CAGR of more than 8% during the forecast period (2017-2023). The airport terminal expansions coupled with new airport construction projects across the globe drive the growth of the global market. For instance, nations like China, Turkey, and the United Arab Emirates (UAE) are presently undergoing multiple large airport construction projects. The global market is also experiencing a surge in demand owing to increasing airline passengers, airline operators, and the airport as an independent unit. The requirement of a BHS (Baggage Handling System) is mainly driven by the need for efficient systems, which manage the movement of airline baggage in and out of the check-in and checkout points at the airports. The BHS is playing a stellar role in the baggage handling procedure owing to constant developments of new technologies and improving systems. H

Drones Market Set to Grow During Period from 2017 to 2028

The key players in the market of drone’s are- General Atomics (U.S.), Aurora Flight (U.S), AeroVironment Inc. (U.S.), BAE Systems PLC (U.K.), Denel Dynamics (South Africa), Draganfly (Canada), Elbit Systems Ltd. (Israel), General Dynamics Corporation (U.S.), Lockheed Martin Corporation (U.S.), Northrop Grumman (U.S.), DJI (China) among others, are profiled in MRFR Analysis and are at the forefront of competition in the global Drones market . DJI expects its sales will reach RMB 18 billion ($2.7 billion) in 2017. Sales in 2016 increased by 65% year on year breaking the RMB 1 billion point. Consumer drones accounted for 80% of the profit. In 2018, DJI is planning on expanding its staff with special attention to the agriculture sector. The company has recently upped its stakes in the agricultural drone area by lowering the price of its drones by 12% Drones Market Global Market   - Overview Drones or Unmanned Arial Vehicles (UAV) are a type of aircraft that is controlled by pilots re

Digital MRO Market is predicted to grow at approximately 12.04% CAGR by 2027

Market Overview Global Digital MRO Market is expected to reach USD 1,698.23 Million by 2027, growing with a CAGR of 12.04% during the forecast period. In its report, Market Research Future (MRFR) offers an in-depth look into the market during the review period. Global Digital MRO Market is growing rapidly due to rising investments in connected aircraft and the adoption of advanced technologies by MRO providers. Additionally, growth in outsourcing of MRO services is also expected to drive the growth of the global market. Regional Analysis Global Digital MRO Market has been studied in five key regions—North America, Europe, Asia-Pacific, the Middle East & Africa, and Latin America. North America is expected to lead the market, with a valuation of USD 277.07 million in 2019. The regional market value is projected to reach USD 621.04 million by 2027 at 12.93% CAGR during the forecast period. The US and Canada are the key country-level markets in North America. The regional m

Global Aircraft Cockpit Display System Market poised to grow at a CAGR around 3.30% over the period of 2019-2027

Market Overview Aircraft Cockpit Display System Market is expected to reach USD 2,103.67 Million by 2027 at a CAGR of 3.30% during the forecast period. Market Research Future (MRFR), in its report, offers an in-depth look into the market. Factors such as the rising need for enhanced safety, the growing demand for lightweight components, and the increasing focus on automating flight controls are projected to boost the market growth. Regional Analysis The aircraft cockpit display market has been studied for five key regions—North America, Europe, Asia-Pacific, the Middle East & Africa, and Latin America. North America was the global market leader accounting for a valuation of USD 612.57 million in 2019. The regional market value is projected to reach USD 696.72 million by 2027 at a 1.80% CAGR during the study period. The regional market comprises the US and Canada. The presence of established companies, such as Aspen Avionics Inc., L-3 Communication Holdings Inc., Esterlin

Global Autonomous Underwater Vehicle (AUV) Market Set for Expansive Growth from 2020 to 2027

Overview Global Autonomous Underwater Vehicle (AUV) Market  is expected to reach  USD 1,198.1 Million by 2023  at a  CAGR of 21.89%  during the forecast period of  2019 to 2023 . The oil & gas industry is expected to witness steady growth during the forecast period after the global slowdown in 2014. Obtaining oil & gas from both non-conventional and conventional sources is becoming more dynamic in the current scenario. The need for oil & gas in various industries will necessitate the implementation of robotics and automation in rugged offshore environments to enhance efficiency and improve productivity. Thus, the demand for AUVs for oil & gas applications is expected to increase in the forecast period. Segmental Analysis The Global Autonomous Underwater Vehicle Market has been Segmented Based on Type, Technology, Payload, and Application. Based on Type, the autonomous underwater vehicle market has been segmented into shallow, medium, and large. The large segm

Global Airport Surveillance Radar Market Expected to Show Steady Growth by 2027 | Market Research Future

Overview Global Airport Surveillance Radar Market  is expected to reach  USD 1,986.3 Million by 2025 , expanding at a  CAGR of 6.49%  during the forecast period. The growth of the global airport surveillance radar market can be attributed to rising military expenditure and growing developments of new and existing airports. However, the high cost of installation and operation is expected to restrain the market growth during the forecast period. Regional Analysis The geographic analysis of the global airport surveillance radar market includes North America, Europe, Asia-Pacific, the Middle East & Africa, and Latin Africa. The market in North America was valued at USD 462.9 million in 2018. The US and Canada are the country-level markets in North America. The market in the region is expected to reach USD 689.0 million by 2025, expanding at a 5.85% CAGR during the forecast period. This growth can be attributed to increasing investments by the US government for the modernizin

Unattended Ground Sensors Market is expected to rise at a CAGR of 4.71% during 2020-2027

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 provides a dynamic physical variable related to the movement