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Showing posts from August, 2020

Increasing Seaborne Trade Across The Globe To Propel Port Equipment Market

The factors that are expected to fuel the growth of the port equipment market are the increasing seaborne trade across the globe and the growing number of container shipments in Asia Pacific and the Middle East. Various countries have been focusing on developing new ports owing to the increase in vessel count and trade volume. According to the International Chamber of Shipping, 90% of the world’s trade is carried out through seaways as they are ideal for heavy and bulk goods, have large carrying capabilities, and offer competitive freight costs. The global port equipment market size is expected to grow from USD 29.2 billion in 2018 to USD 36.6 million by 2023, at a CAGR of 3.30% during the forecast period. The major driving factors for the port equipment market are the increasing seaborne trade across the globe and the growing number of container shipments in Asia Pacific and the Middle East. Based on equipment type, the straddle carriers segment is estimated to lead the port equipm

Aircraft Fairings Market Is Projected To Reach At A CAGR of 7.38% During The Forecast Period

  Aircraft Fairings are used to protect underlying structures and systems from adverse external environmental factors. These structures are cover for gaps and spaces between parts of an aircraft which help reduce drag.   The  global aircraft Fairings market size  is projected to grow from an estimated USD 1.49 billion in 2018 to USD 2.13 billion by 2023, at a CAGR of 7.38% from 2018 to 2023.   The North America aircraft Fairings 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 Fairings market can be attributed to the growth of the rise in disposable incomes and an increase in air travel. Aircraft fairings 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. Additionally, they are also working towards developing high strength and durable mate

Aerospace Antimicrobial Coating Market Growth Scope In Emerging Economies Till 2022

  The aerospace antimicrobial coating market is led by PPG (US), AkzoNobel (Netherlands), and Sherwin Williams (US), etc. These companies are expected to continue their dominance till 2022. Expansions and acquisitions are the key strategies adopted by the leading players to develop and sustain their position in the aerospace antimicrobial coating market. Other strategies, such as mergers, supply contracts, and new product development were also adopted by several market players to expand their geographic presence. The global  aerospace antimicrobial coating market  size is estimated at USD 22.4 Million in 2017 and is projected to reach USD 31.2 Million by 2022, at projected CAGR of 6.90% from 2017 to 2022. This growth can be attributed to the increase in safety concerns against contagious diseases from harmful microorganisms and rise in aircraft deliveries. Based on platform, the aerospace antimicrobial coating market has been segmented into aviation and space. The commercial segment is

Ammunition Handling System Market Growth Driving Factors and Research Report, 2022

  The growing demand for remote weapon stations, tank turrets, and naval guns from military forces worldwide and rising incidences of asymmetric warfare across the globe are key factors driving the growth of the ammunition handling system market. The global   ammunition handling system market   is estimated to be USD 2.30 Billion in 2017 and is projected to reach USD 3.50 Billion by 2022, at a CAGR of 8.75% from 2017 to 2022. Based on platform, the land segment is expected to lead the ammunition handling system market from 2017 to 2022. Ammunition handling systems identify and locate selected ammunition rounds in a magazine, and transfer the chosen rounds to a weapon for firing. The demand for main battle tanks and armored fighting vehicles has increased across countries worldwide, thereby driving the growth of the ammunition handling system market in land platform. Browse In-depth Insights:  https://www.marketsandmarkets.com/Market-Reports/ammunition-handling-system-market-249079723.h

Digitalization Through Glass Cockpit Is Hidden Forces Behind Growth Of Aircraft Lightning Protection Market By 2022

  The rise in air passenger traffic, globally, due to the increase in the disposable income of the middle-class population in emerging economies, such as India and China, among others, is expected to fuel the demand for new aircraft. Emerging markets in the Middle East, the Asia Pacific, and Latin America are expected to witness an increase in demand for new and advanced aircraft during the forecast period. According to the Boeing 2016 Market Outlook, the Asia Pacific region is projected to account for a share of 40.0% of the global aircraft deliveries between 2015 and 2035. The global  aircraft lightning protection market  is projected to grow from USD 4.10 Billion in 2017 to USD 5.52 Billion by 2022, at a CAGR of 6.13% between 2017 and 2022. Increased number of orders for new aircraft across the globe and an increase in demand for more electric aircraft and glass cockpit are major factors driving the aircraft lightning protection market. Based on the application, the lightning protec

Radome Market In-Depth Analysis and Industry Revenue Details, 2018-2023

  Radomes are made of advanced composite materials that minimally attenuate the electromagnetic signals transmitted or received by antennas, and are effectively transparent to radio waves. The radome market is projected to grow from an estimated USD 1.45 Billion in 2018 to USD 1.83 Billion by 2023, at a CAGR of 4.78% from 2018 to 2023. The North America radome market is driven by factors, such as rapid in the rise in the number of aircraft orders. The growth of the Asia Pacific radome market can be attributed to the rise in disposable incomes and resulting increase in air travel. The introduction of the plasma radome technology for space-based antennas, advanced composite materials for aircraft radomes, and crystal technology for radomes in the aviation industry are expected to contribute to the growth of the radome market during the forecast period. Read More Info:  https://www.marketsandmarkets.com/Market-Reports/radome-market-157460281.html Based on offering, the product radome body

Space Robotics Market Analysis, Key Trends, and Top Manufacturers, 2018-2023

  The global   space robotics market   is estimated to be USD 2.88 billion in 2018 and is projected to reach USD 4.36 billion by 2023, at a CAGR of 8.64% from 2018 to 2023. The report analyzes the space robotics market on the basis of solution, application, end-user, and region. Based on solution, the market has been segmented into product and services. Increasing investments in space exploration missions, demand for satellite servicing, on-orbit manufacturing and assembly, debris removal, and technological advancements in autonomous systems, are fueling the growth of the space robotics market. Based on the solution, the satellite servicing segment is estimated to lead the space robotics market in 2018. Growth of this segment can be attributed to an increase in the number of satellites required to be retired every year, advancements in the autonomous systems technology, and increase in space exploration activities are expected to lead to the expansion of capabilities of satellite opera

Small Satellite Services Market Development Remote Sensing Application Segment By Sub-segment 2022

  The global   small satellite services market size   is projected to grow from an estimated USD 14.88 Billion in 2017 to USD 53.22 Billion by 2022, at a CAGR of 29.03% during the forecast period. Key factors, such as increasing demand for earth observation and satellite broadband services, and satellite miniaturization technology are expected to fuel the growth of the small satellite services market. Based on platform, the minisatellite (101–500 kg) segment is estimated to account for the largest share of the small satellite services market in 2017 due to the increasing demand for services, such as remote sensing, disaster management, military intelligence, telecommunications, and other academic services globally. Target Audience Small Satellite Service Providers Small Satellite Manufacturers Subsystem Manufacturers Technology Support Providers Ministry of Defense Scientific Research Centers Software/Hardware/Service and Solution Providers Based on vertical, the commercial segment is

Remote Towers Market Is Growing Significantly Due To Digitalization in Air Traffic Management Till 2025

Remote towers are also known as remote virtual towers or digital towers and enable multiple airports to be controlled by a single tower at a remote location. One air traffic controller controlling multiple airports leads to reduced operational costs. Remote towers refer to air traffic control towers that are remotely located, either near or far from airports. These towers provide Air Traffic Services (ATS) remotely through real-time visual reproduction via high definition cameras. A direct out-of-the-window view of the traditional air traffic control towers is replaced with a live video feed to the air traffic control operator in a remote location. Remote towers consist of operator workstations known as controller working positions (CWPs). Remote towers can control multiple airports controlled simultaneously or on in a sequence as per a pre-determined schedule. The global  remote towers market size  is projected to grow from an estimated USD 63 million in 2019 to USD 392 million by 202

How is the competitive landscape changing in the client ecosystem and impacting their revenue shares?

  Increasing demand for drone services for industry-specific applications and improved regulatory framework from Asia Pacific and the Middle East is one of the major factors driving this market. The report includes major strategies adopted by major players from 2017 to 2019, which helped them innovate their offerings and expand their customer base. The global  drone services market  is estimated at USD 4.4 billion in 2019 and is projected to reach USD 63.6 billion by 2025, at a CAGR of 55.9% from 2019 to 2025. Factors such as the increasing demand for drone surveys across the globe and the growing use of drone in infrastructure, Oil & Gas industry in Asia Pacific and the Middle East are expected to fuel the growth of the drone services market. Based on industry, the infrastructure industry segment is expected to lead the drone services market during the forecast period. This segment includes drone services provided operators to different end-use industries such as oil & gas, mi

Aircraft Battery Market Will Hit 667.8 Million USD by 2022 | Key Influcencing Factors, Segments & Scope

The global Aircraft batteries are used to start engines and auxiliary power units, provide emergency backup power for essential avionics equipment, and power for navigation units.   The  global aircraft battery market size  is projected to grow from an estimated USD 475.0 Million in 2017 to USD 667.8 Million by 2022, at a CAGR of 7.05% from 2017 to 2022.   The North America aircraft battery market is growing at a significant pace due to the rapid growth of the aircraft manufacturing industry in the region. The growth of the Asia Pacific aircraft battery market can be attributed to the rising disposable incomes and increasing air travel. Aircraft manufacturers are increasingly shifting towards the More Electric Architecture (MEA) that involves majority of non-propulsive systems in an aircraft being powered by electricity. The growing shift toward the more electric aircraft technology is expected to propel the demand for aircraft batteries during the forecast period. The UAV segment unde

Unattended Ground Sensors Market Is Projected To Boost At A CAGR of 4.71% During The Forecast Period

  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 operat