Commercial aviation has weathered many downturns in the past, yet the recovery has followed quickly and the industry has been reliably returned to its long-term growth rate of approximately 5 percent per year. Despite uncertainties, 2011 passenger tr ....see more
The unmanned composites market is estimated to be USD 1.1 billion in 2019 and is projected to reach USD 2.7 billion by 2025, at a CAGR of 15.52% from 2019 to 2025. The factors expected to fuel the market growth include the increasing need for weight reduction in unmanned systems and increased reliability and durability of composite materials. Some of the major players in the unmanned composites market include Gurit (Switzerland), Hexcel Corporation (US), Materion Corporation (US), Mitsubishi Rayon (Japan), Owens Corning (US), Renegade Materials Corporation (US), Solvay (Belgium), Stratasys (US), Teijin Limited (Japan), Teledyne (US), and Toray Industries (Japan).
The target acquisition systems market is projected to grow from USD 11.9 billion in 2019 to USD 15.5 billion by 2024, at a CAGR of 5.46% from 2019 to 2024. Some of the factors that are expected to fuel the growth of the target acquisition systems market are advancements in automatic weapons, increasing defense expenditure of countries, rise in demand for artillery systems by military forces, and ongoing military modernization programs worldwide. Major players operating in the target acquisition systems market include companies, such as Hensoldt (Germany), Elbit Systems (Israel), Israel Aerospace Industries (Israel), Aselsan A.S. (Turkey), Rheinmetall (Germany), BAE Systems (UK), and Leonardo (Italy), and Raytheon Company (US).
The autonomous navigation market is estimated at USD 2.2 billion in 2018 and is projected to reach USD 15.3 billion by 2030, at a CAGR of 16.19% from 2018 to 2030. Factors that are expected to fuel the growth of the autonomous navigation market are the development of sense & avoid systems in autonomous robots, the high adoption of autonomous robots for commercial and military purposes, and demand for autonomous robots in logistics. The major players in the autonomous navigation market include Raytheon (US), Thales (France), Northrop Grumman (US), Safran (France), and Honeywell International (US), among others. Raytheon is one of the key market players engaged in securing contracts to increase the sale of autonomous navigation by individual platform available.
The autonomous aircraft market is projected to grow from an estimated USD 3.6 billion in 2018 to 23.7 billion by 2030, at a CAGR of 17.06% from 2018 to 2030. This growth can be attributed to the increased cost savings, reduction in human error due to increased autonomy, and advancements in artificial intelligence. Along with the key established players, various start-ups have entered the space of autonomous aircraft to develop their concepts of air taxi, personal air vehicles, and cargo drones. These concepts are being actively developed with the future technology of fully autonomous air travel. These start-ups are, Kitty Hawk, Volocopter GmbH, WING, LIFT, and Joby Aviation, among others.
The military actuators market is expected to grow from USD 1.1 billion in 2019 to USD 1.4 billion by 2024, at a CAGR of 5.79% during the forecast period. Increasing demand for electrical actuators from the aerospace & defense industry is a major factor driving the growth of the military actuators market. The use of these actuators reduces the energy consumption of flight control systems, resulting in their increased demand in the aviation sector. Electrical actuators are replacing hydraulic actuators due to their light weight, improved performance, enhanced security, and low maintenance cost.
The fire control system market is projected to grow from USD 5.9 billion in 2018 to USD 7.3 billion by 2023, at a CAGR of 4.37% from 2018 to 2023. Some of the factors that are expected to fuel the growth of the fire control system market include the increasing military expenditure by emerging economies to strengthen their respective armed forces. Various defense players, such as General Dynamics Corporation (US), Elbit Systems Ltd (Israel), Rheinmetall AG (Germany), Lockheed Martin (US), Leonardo (Italy) and BAE Systems (UK) are focusing on improving the accuracy of Fire Control Systems (FCS), and also on automating fire control systems in weapon systems. In contrast, various advanced economies have reduced their military budgets as a result of economic slowdown. Major players in the fire control system market include companies, such as Elbit Systems Ltd (Israel), General Dynamics Corporation (US), Rheinmetall AG (Germany), BAE Systems (UK), Lockheed Martin (US), Safran (France), Leonardo (Italy), Raytheon Company (US), SAAB (Sweden), Aselsan A.S. (Turkey), Northrop Grumman (US), and Israel Aerospace Industries (Israel), which have made significant contributions to the global fire control system market.
The less lethal ammunition market is projected to grow from USD 828 million in 2018 to USD 1,106 million by 2023, at a CAGR of 5.95% during the forecast period. Factors such as the increasing demand for less lethal ammunition such as rubber bullets, bean bag rounds, and smoke munitions across the world are expected to drive the less lethal ammunition market during the forecast period. Companies such as The Safariland Group (US), Combined Systems, Inc. (US), Federal Ammunition (US), Nonlethal Technologies (US), Rheinmetall AG (Germany), ST Engineering (Singapore), Lightfield Ammunition Corporation (US), Winchester Ammunition (US), Security Devices International, Inc. (US), Lamperd Less Lethal, Inc. (Canada), Condor Non-Lethal Technologies (Brazil), Less Lethal Africa (South Africa), MAXAM Outdoors S.A. (Spain), and Sellier & Bellot (Czech Republic) are some of the leading players in the less lethal ammunition market.
The market aircraft and marine turbochargers is projected to grow from USD 270 million in 2018 to USD 290 million by 2023, at a Compound Annual Growth Rate (CAGR) of 1.41% from 2018 to 2023. The rising demand for fuel-efficient aircraft engines, increasing number of aircraft deliveries, rising demand for light jets from countries such as the US, the UK, China, India, and Japan, and flourishing maritime tourism industry across the globe are leading to the growth of the aircraft and marine turbochargers market. Major vendors in the aircraft and marine turbochargers market include are Hartzell Engine Technologies (US), PBS Velka Bites (the Czech Republic), Rolls-Royce (UK), Mitsubishi Heavy Industries (Japan), Main Turbo Systems (US), ABB (Switzerland), Cummins (US), Kawasaki Heavy Industries (Japan), and MAN Energy Solutions (Germany).
The automatic weapons market is projected to grow from USD 6.0 billion in 2018 to USD 8.7 billion by 2023, at a CAGR of 7.82% during the forecast period. Factors such as the rising demand for precision weapon systems in emerging countries, advancement in land warfare systems, continuous upgradation of existing combat platforms, and interconnected warfare are expected to drive the automatic weapons market during the forecast period. Companies such as General Dynamics Corporation (US), Northrop Grumman (US), Rheinmetall AG (Germany), ST Engineering (Singapore), KBP Instrument Design Bureau (Russia), Heckler & Koch AG (Germany), FN Herstal (Belgium), Colt’s Manufacturing Company LLC (US), Israel Weapon Industries (Israel), NORINCO (China), Denel Land Systems (South Africa), Kalashnikov Concern (Russia), BAE Systems (UK), Barrett Firearms Manufacturing (US), and Ukroboronprom (Ukraine) are some of the leading players have made significant contribution to the global automatic weapons market.
The terrestrial laser scanning market is estimated at USD 3.0 billion in 2018 and is projected to reach USD 4.4 billion by 2023, at a CAGR of 8.17% from 2018 to 2023. The factors that are expected to fuel the growth of the terrestrial laser scanning market are the increasing demand for surveys and 3D laser scanning in the infrastructure industry in Asia Pacific and the Middle East region. Various countries have been focusing on the digitalization of their assets through 3D scanning techniques and developing new infrastructures. The rise in the global capital expenditure from the infrastructure industry is driving the growth of the terrestrial laser scanning market. Major players in the terrestrial laser scanning market include 3D Digital Corporation (US), Carl Zeiss Optotechnik (Germany), Creaform (Canada), FARO Technologies (US), Maptek (Australia), Trimble (US), RIEGL Laser Measurement Systems (Austria), Teledyne Technologies (US), Topcon (Japan), Hexagon (Sweden), and Zoller + Fröhlich (Germany), among others.
The military computers market is estimated at USD 7.9 billion in 2018 and is projected to reach USD 10.5 billion by 2023, at a CAGR of 5.85 % from 2018 to 2023. The factors expected to fuel the military computers market growth is the increasing focus on deployment of rugged portable and wearable computers in military warzones. In addition, advancements in warfare technologies and modernization of military weapon systems are also expected to drive the market during the forecast period. Major players in the military computers market include Curtiss-Wright Corporation (US), Zebra Technologies Corp. (US), Cobham plc (UK), Saab (Sweden), Rockwell Collins, Inc (US), Thales Group (France), Northrop Grumman Corporation (US), Getac Technology Corporation (Taiwan), and Panasonic Corporation (Japan), among others.
The railway connectors market is expected to grow from USD 802 million in 2018 to USD 1,069 million by 2023, at a Compound Annual Growth Rate (CAGR) of 5.92% during the forecast period. Increased demand for different types of wagons is a major factor driving the growth of the railway connectors market. Wagons are rail vehicles used to carry passengers and freights. These vehicles are not equipped with propulsion systems and hence, are drawn by locomotives. The demand for wagons is continuously growing in countries such as the US, the UK, France, etc., due to increased industrial activities. Major vendors in the railway connectors market include are TE Connectivity (Switzerland), Amphenol Corporation (US), Molex Incorporated (US), ITT (US), Smiths Interconnect (US), Fischer Connectors (Switzerland), Esterline Technologies (US), Schaltbau (Germany), and Sichuan Yonggui Science and Technology (China).
The electrical wiring interconnection system (EWIS) market is projected to grow from USD 5.4 billion in 2018 to USD 6.8 billion by 2023, at a CAGR 4.66% from 2018 to 2023. Factors such as the increasing demand for more electric aircraft and aircraft deliveries are the factors expected to drive the market. Growth in passenger traffic and upgrade existing aircraft fleet technology are expected to drive the growth of the EWIS market across the globe. Key players in the EWIS market include Safran (France), GKN Aerospace (UK), and Latecoere (France), TE Connectivity (Switzerland), Ducommun (US), and Amphenol Corporation (US).
CubeSat falls in the category of miniature satellite formed of multiples of 10×10×10 cm cubic units. CubeSats are easy to launch given their small size, and serve complex applications like earth observation at cheaper cost than bigger satellites. CubeSats are a disruption for the space industry and various stakeholders of the market such as research and defense organizations, satellite manufacturers, satellite service providers and launch service providers are investing to reap the benefits of this market disruption.
The connected ship market is projected to grow from USD 5.92 billion in 2018 to USD 7.19 billion by 2023, at a CAGR of 3.95% from 2018 to 2023. Factors such as the incorporation of the Information and Communication Technology (ICT) in the global marine industry, increased budgets of shipping companies for digitalization of their vessels, growth of the seaborne trade across the globe, need for situational awareness among fleet operators, and growth of the maritime tourism industry are expected to drive the growth of the connected ship market during the forecast period. The key players operating in the connected ship market report are Northrop Grumman (US), General Electric (US), Wartsila (Finland), Kongsberg Grumman (Norway), and Marlink (Norway).
The 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 factor that is expected to act as a major driver is the growing use of low drag, lightweight sound suppressant exhaust components. Aircraft exhaust systems are one of the significant contributors to the total aircraft nacelle weight and drag. The new low drag, lightweight exhaust components contribute in increasing the fuel efficiency of aircraft, and thus the demand for such components is increasing. The major players profiled in this report on the aircraft exhaust system market are Magellan Aerospace (Canada), Triumph Group (US), Ducommun (US), Nexcelle (US), Esterline Technologies (US), Nordam (US), Franke Industries (US), Senior Aerospace (UK) and GKN (UK), among others.
The vehicle intercom system market is projected to grow from an estimated USD 845.9 million in 2018 to USD 1,180.5 million by 2023, at a CAGR of 6.89% from 2018 to 2023. Factors such as the increasing complexity of military operations and the need for smooth communication in emergency vehicles are expected to drive the growth of the market. Major companies profiled in the vehicle intercom system market report are Cobham Plc. (UK), Harris Corporation (US), David Clark Company (US), Elbit Systems (Israel), and Thales Group (France)
The space robotics market is estimated to be USD 2.58 billion in 2017 and is projected to reach USD 4.36 billion by 2023, at a CAGR of 8.64% during the forecast period. Some of the major companies providing space robotics solutions include Altius Space Machines (US), Maxar Technologies (US), Motiv Space Systems (US), Space Systems/Loral (US), Honeybee Robotics (US), Astrobotic Technology (US), Made In Space (US), Effective Space Solutions Limited (UK) and Northrop Grumman (US). These key market players offer various space robotics solutions and robotics & subsystems, sensors & autonomous systems, software and robotic services, such as satellite servicing, on-orbit assembly and manufacturing, surface mobility, and de-orbiting services, among others. New product developments, partnerships, and contracts are the major growth strategies adopted by these players to enhance their positions in the space robotics market.
The Airport information systems market is projected to grow from USD 3.69 billion in 2018 to USD 4.37 billion by 2023, at a CAGR of 3.41% from 2018 to 2023. The need for efficient air passenger traffic, technological developments, and an increase in upgradation of existing systems are factors expected to drive the market. The market has been segmented based on application, system, end use, type, airport and region. Key players in the airport information systems market include SITA (Switzerland), Thales Group (France), Rockwell Collins (US), Indra Sistemas (Spain), and IBM (US), among others.
The rocket propulsion market is projected to grow from USD 4.23 billion in 2018 to USD 6.36 billion by 2023, at a CAGR of 8.50% during the forecast period. Increasing use of space launch services for satellites and testing probes applications is one of the significant factors driving the growth of the rocket propulsion market. Furthermore, the introduction of space tourism is anticipated to fuel the demand for rocket propulsion. Major players in the rocket propulsion market include Aerojet Rocketdyne (US), Orbital ATK (US), SpaceX (US), Antrix (India), and Mitsubishi Heavy Industries (Japan), among others.
The aircraft fairings market 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 factor that is expected to act as a major driver is the growing use of advanced composite materials in aircraft fairings. This, in turn, is expected to drive the growth of the aircraft fairings market during the forecast period from 2018 to 2023. The aircraft fairings market has been segmented based on application, material, platform, end user, and region. Major companies profiled in the aircraft fairings market report are Malibu Aerospace (US), Barnes Group (US), Boeing (US), and NORDAM (US), among others.
The military navigation market is projected to grow from an estimated USD 8.87 billion in 2018 to USD 12.07 billion by 2023, at a CAGR of 6.36% from 2018 to 2023. Increasing preference for the use of UAVs in modern warfare and rising demand for missiles and artillery systems due to geopolitical instabilities and changing nature of warfare are the key factors expected to drive the military navigation market during the forecast period. The market has been segmented based on platform, application, component, grade, and region. Major companies profiled in the military navigation market report are L3 Technologies (US), Esterline (US), GE Aviation (US), Honeywell International (US), Moog (US), Northrop Grumman (US), Raytheon (US), Rockwell Collins (US), Trimble (US), KVH Industries (US), Safran (France), Cobham (UK), Garmin (Switzerland), Thales (France), and IAI (Israel), among others.
The aircraft line maintenance market is projected to grow from USD 19.23 Billion in 2018 to USD 23.50 Billion by 2023, at a CAGR of 4.10% from 2018 to 2023. The growth of the aircraft line maintenance market across the globe can be attributed to the increasing number of flights per aircraft, rising number of new aircraft deliveries from OEMs, and increasing requirement for carrying out repair and maintenance of the existing aircraft fleets of airlines. The key players operating in the aircraft line maintenance market include AMECO (China), ANA Line Maintenance Technics (Japan), Avia Solutions Group (Lithuania), BCT Aviation Maintenance (UK), British Airways (UK), Delta TechOps (US), HAECO (Hong Kong), Lufthansa Technik (Germany), Monarch Aircraft Engineering (UK), Nayak Group (Germany), SAMCO Aircraft Maintenance (Netherlands), SIA Engineering (Singapore), STS Aviation Group (US),Turkish Technic (Turkey), and United Technical Operations (US), among others. These companies are focused on the adoption of various growth strategies to enhance their presence in emerging economies across the globe.
The wind tunnel market is projected to grow from USD 2.61 Billion in 2018 to reach USD 2.88 Billion by 2023, at a CAGR of 2.01% from 2018 to 2023. The growth of this market can be attributed to the development of new generation of supersonic and hypersonic aircraft and missiles. Key companies profiled in the wind tunnel market include Boeing (US), Lockheed Martin (US), ETW (Europe), CSTB (France), FKFS (Germany), DNW (Netherlands), RTA (Austria), Mitsubishi Heavy Industries (Japan), Horiba (Japan), BMT (UK), FORCE Technology (Denmark), and Aerodyn Wind Tunnel (US) among others. Some major manufacturers include Aerolab (US), Aiolos (Canada), Foran (Brazil), Aerodium Technologies (Latvia), and Skyventure (Canada) among others.
The helideck monitoring system market is projected to grow from an estimated USD 192.8 Million in 2018 to USD 240.1 Million by 2023, at a CAGR of 4.49 % from 2018 to 2023. This growth can be attributed to the increasing number of commercial vessels and ships globally. The growth in global vessel traffic and short replacement cycles of hardware components are the key factor driving the demand for helideck monitoring systems. Major players in the helideck monitoring system market include ABB (Switzerland), Kongsberg Gruppen (Norway), Fugro (Netherlands), Vaisala (Finland), and Dynamax (US).
The A-SMGCS market is estimated to be USD 4.04 Billion in 2018 and is projected to reach USD 5.34 Billion by 2023, at a CAGR of 5.73% from 2018 to 2023. The growth of the A-SMGCS market is driven by many factors, which include the development of airport structures across the globe to tackle increased air traffic, increase in the number of flight delays and cancellations due to congestion at airports, the impact of weather conditions on operations of airports. Some of the major companies providing A-SMGCS include Saab Group (Sweden), Indra Sistemas (Spain), Thales Group (France), ATRiCS (Germany), and ADB Safegate (Belgium). These key market players offer various A-SMGCS systems, including surface movement radar, ADS-B ground stations, MLAT surveillance sensors, vehicle tracking systems, and human machine interface (HMI) displays, among others. New product development, partnership, and contract are the major growth strategies adopted by these players to retain their position in the A-SMGCS market.
The marine engine monitoring system market is estimated to be USD 508.4 Million in 2018 and is projected to reach USD 656.5 Million by 2025, at a CAGR of 3.72% during period 2018 to 2025. This growth can be attributed to the increase in international seaborne trade, the rise in the demand for deliveries of smart engines, recreational boats, and growth in maritime tourism. Major companies profiled in the marine engine monitoring system market report include ABB (Switzerland), AST Group (UK), CMR Group (France), Caterpillar (US), Cummins (US), Emerson (US), Hyundai Heavy Industries (South Korea), Jason Marine (Singapore), Kongsberg (Norway), MAN Diesel & Turbo (Germany), Mitsubishi Heavy Industries (Japan), NORIS Group (Germany), Rolls Royce (UK), and Wartsila (Finland), among others.
The military 3D printing market is projected to grow from USD 799.8 Million in 2018 to USD 4,594.4 Million by 2025, at a CAGR of 28.37% during the forecast period. The rising demand for lightweight parts and components in the defense industry and increasing investments made by defense entities in 3D printing projects are key factors projected to drive the growth of the military 3D printing market. Major players operating in the military 3D printing market include Stratasys (US), 3D Systems (US), ExOne (France), EOS (Germany), Arcam (Sweden), and Norsk Titanium (Germany).
The aircraft doors market is projected to grow from USD 3.68 Billion in 2017 to USD 5.22 Billion by 2022, at a CAGR of 7.25% during the forecast period. This growth can be attributed to the increase in aircraft deliveries and replacement of existing aircraft doors. Key players operating in the aircraft doors market include Airbus Helicopters (France), Latecoere (France), Saab (Sweden), Elbit Systems (Israel), Triumph Group (US), and Mitsubishi Heavy Industries (Japan). These companies have well-equipped manufacturing facilities and strong distribution networks across North America, Europe, and Asia Pacific.
The 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% from 2017 to 2022. Increased number of orders for new aircraft across the globe and increase in demand for more electric aircraft and glass cockpit are expected to drive the aircraft lightning protection market during the forecast period. Major companies profiled in the aircraft lightning protection market report are Cobham (UK), Saab (Sweden), Honeywell (US), L3 Technologies (US), Microsemi Corporation (US), TE Connectivity (Switzerland), Dayton-Granger (US), Dexmet (US), Astroseal Products (US), Pinnacle lighting protection (US), Avidyne (US), and National Technical Systems (US).
The small satellite service market is projected to grow from an estimated USD 14.88 Billion in 2017 and is projected to reach USD 53.22 Billion by 2022, at a CAGR of 29.03% from 2017 to 2022. Factors, such as satellite miniaturization, and increasing demand for earth observation and satellite broadband services are expected to fuel the growth of the small satellite services market. Singapore Telecommunications Limited (Singapore), Eutelsat Communications S.A. (France), EchoStar Corporation (US), Inmarsat plc (UK), and Viasat, Inc. (US), among others, are the major players in the small satellite services market.
The connected aircraft market is projected to grow from an estimated USD 3.29 Billion in 2017 to USD 7.16 Billion by 2022, at a CAGR of 16.83% during the forecast period. There are major commercial aircraft manufacturers and airlines in North America such as Boeing (US), American Airlines (US), United Airlines (US) and Bombardier (Canada), which generate a high demand for connected aircraft products.
The flight data monitoring market is projected to grow from USD 3.71 Billion in 2017 to USD 5.34 Billion by 2022, at a CAGR of 7.55% from 2017 to 2022. The increasing demand for enhanced situational awareness for efficient airline operations, need to reduce the cost of unscheduled maintenance, increasing volume of data generated by the aviation industry, and rise in aircraft deliveries are factors that are expected to drive the flight data monitoring market. Major companies profiled in the flight data monitoring market report are Curtiss Wright (US), Safran (France), Teledyne Controls (US), and FYHT (Canada).
The aircraft cabin lighting market is projected to grow from an estimated USD 1.46 Billion in 2017 to USD 2.00 Billion by 2022, at a CAGR of 6.48% during the forecast period. This growth can be attributed to increasing aircraft orders due to the rise in passenger traffic across the globe. Increasing focus on safety compliance and passenger experience is also among the factors influencing the growth of the aircraft cabin lighting market. Major players operating in the aircraft cabin lighting market include Zodiac Aerospace (France), United Technologies (US), Diehl Stiftung (Germany), Rockwell Collins (US), and Honeywell (US). These key players offer various aircraft cabin light types including reading lights, ceiling lights, lavatory lights, signage lights, and wall lights. These companies have well-equipped manufacturing facilities and strong distribution networks across North America, Europe, and Asia Pacific.
The artillery systems market is projected to grow from USD 9.83 Billion in 2017 to USD 13.94 Billion by 2022, at a CAGR of 7.23% during the forecast period. Increasing demand for artillery systems from the military sector and ongoing military modernization programs worldwide are key factors driving the growth of the artillery systems market. Major players operating in the artillery system market are BAE Systems (UK), Lockheed Martin (US), Elbit System (Israel), General Dynamics (US), NORINCO (China), Hanwha Techwin (South Korea), and others.
The Inert Gas Generator Systems (IGGS) market is estimated to be USD 746.7 Million in 2017 and projected to reach USD 2,121.0 Million by 2022, at a CAGR of 23.22% during the forecast period. The growth of the IGGS market can be attributed to the increasing demand for new commercial aircraft & military cargo aircraft as well as retrofitting of IGGS on existing aircraft across the world. The growth of the market is also attributed to the increasing fleet size of marine cargo ships. The major players in the IGGS market include Parker Hannifin (US), Honeywell (US), and Air Liquide (France). These manufacturers are mostly focused on providing easy installable IGGS systems with high purity N2 generation to grow in the market.
The aircraft fire protection system market is projected to grow from an estimated USD 911.6 Million in 2017 to USD 1,157.7 Million by 2022, at a CAGR of 4.90% from 2017 to 2022. Increased number of orders for new aircraft across the globe and modernization of the existing aircraft are key factors expected to drive the aircraft fire protection systems market during the forecast period. The market has been segmented based on product, application, fit, aircraft type, and region. Major companies profiled in the aircraft fire protection systems market report are United Technologies (US), Meggitt (UK), Diehl Aerospace (Germany), Siemens (Germany), Halma (UK), Advanced Aircraft Extinguishers (US), Gielle Industries (Italy), H3R Aviation (US), Amerex Corporation (US), and Aerocon Engineering (US), among others.
targeting pods market is estimated to be USD 3.26 Billion in 2017 and projected to reach USD 4.49 Billion by 2022, at a CAGR of 6.61% during the forecast period. The growth of the market can be attributed to increasing military aircraft procurement as well as upgradation of existing aircraft across the world. The increasing military aircraft procurement by various countries has led to an increase in demand for aircraft payload-based targeting system, i.e. targeting pods for capability enhancement in precision targeting. Some of the major players in the targeting pods market are Lockheed Martin (US), Thales Company (France), Raytheon Company (US), and Israel Aerospace Industries (Israel).
The aerospace antimicrobial coating market is projected to grow from an estimated USD 22.4 Million in 2017 to USD 31.2 Million by 2022, at a CAGR of 6.90% during the forecast period. This growth can be attributed to the increasing aircraft orders due to the rise in passenger traffic across the globe. In addition, airlines are more concerned about passenger safety and are investing in recoating of existing fleets of aircraft. The major players in this market are PPG (US), BASF (Germany), Sherwin Williams (US), Mankiewicz (Germany), AkzoNobel (Netherlands), Henkel (Germany), Hentzen (US), MAPAERO (France), Permagard (France), Dunmore (US), Hexion (US), and Polymer Technologies (US), among others.
The aircraft ignition system market is projected to grow from USD 338.5 Million in 2017 to USD 437.6 Million by 2022, at a CAGR of 5.27% from 2017 to 2022. Factors such as increasing adoption of electronic ignition systems and technological advancements in aircraft ignition systems are driving the growth of the market. The aircraft ignition system market has been segmented based on end user, system type, component, engine type, platform, and region. Major companies profiled in the aircraft ignition system market report are Woodward (US), TransDigm (US), Unison (US), and Electroair (US).
The unattended ground sensors market is projected to grow at a CAGR of 4.71% from 2017 to 2022, to reach a market size of USD 457.9 Million by 2022 from USD 363.8 Million in 2017. This growth can be attributed to the changing nature of warfare and rise in the terrorism, geopolitical issues, and insurgencies across countries in the world. To provide an in-depth understanding of the competitive landscape, the report includes profiles of some of a few leading players in the unattended ground sensor market, namely, Northrop Grumman (US), Textron (US), Elbit Systems (Israel), L3 Communications (US) , DTC (US), and others. These players are trying to penetrate the markets in emerging economies and are adopting various strategies to increase their market share.
The Flight Inspection (FI) market is projected to grow from an estimated USD 4.51 Billion in 2017 to USD 5.57 Billion by 2022, at a CAGR of 4.31% during the forecast period. Increasing spending on existing airport infrastructure improvement, new airport developments, and rise in flight inspection and calibration operations are expected to drive the flight inspection market during the forecast period. Some of the major players in the FI market are Textron (US), Bombardier (Canada), and Norwegian Special Mission (Norway).
The ammunition handling system market was valued at USD 2.11 Billion in 2016 and is projected to reach USD 3.50 Billion by 2022, at a CAGR of 8.75% from 2017 to 2022. This report provides a forecast of the ammunition handling system market over the next 5 years while recognizing market application gaps, recent developments, and high potential countries. Major players operating in the ammunition handling system market include Meggitt Defense Systems (US), General Dynamics (US), McNally Industries (US), Nobles Worldwide (US), and Curtiss-Wright (US).
The aircraft computers market was valued at USD 5.57 Billion in 2016 and is projected to reach USD 7.87 Billion by 2022, at a CAGR of 5.91% during the forecast period. The objective of this study is to analyze, define, describe, and forecast the aircraft computers market based on platform, type, end user, component, and region. The report also focuses on the competitive landscape of this market by profiling companies based on their financial position, product portfolio, growth strategies, and analyzing their core competencies and market share to anticipate the degree of competition prevailing in the market. Major players operating in the aircraft computers market include BAE Systems (UK), Honeywell (US), Rockwell Collins (US), Saab (Sweden), Thales (France), Curtiss-Wright (US), Esterline Technologies (US), United Technologies (US), and Cobham (UK)
The marine propeller market is estimated to be USD 4.73 Billion in 2017 and is projected to reach USD 5.37 Billion by 2022, at a CAGR of 2.56% from 2017 to 2022. The objective of this study is to analyze, define, describe, and forecast the marine propeller market based on type, application, material, end user, propulsion, number of blades, and region. The report also focuses on providing a competitive landscape of this market by profiling companies based on their financial positions, product portfolios, and growth strategies as well as analyzing their core competencies and market share to anticipate the degree of competition prevailing in the market. Major companies profiled in the marine propeller market report include Rolls-Royce (UK), Wartsila (Finland), Hyundai Heavy Industries (South Korea), MAN SE (Germany), and Caterpillar (US).
The remote electronic unit market is projected to grow from USD 2.78 Billion in 2017 to USD 5.10 Billion by 2022, at a CAGR of 12.88% from 2017 to 2022. One of the major factors expected to drive the demand for remote electronic units is the increase in the number of satellite constellations. A remote electronic unit controls power subsystems, such as thermal control, satellite attitude, and orbit control subsystems in a spacecraft. The remote electronic unit market has been segmented based on the application, end use, platform, and region. Major companies profiled in the remote electronic unit market report are Parker Hannifin (US), Rockwell Collins (US), Curtiss-Wright (US), and Crisa (Spain).
The remote firing systems market is projected to grow from an estimated USD 469.0 Million in 2017 to USD 531.0 Million by 2022, at a CAGR of 2.51% during the forecast period. New infrastructure development, redevelopment of existing infrastructure, mining & quarrying, and underwater drilling & blasting operations for expanding sea routes and ports are factors expected to drive the remote firing systems market during the forecast period. Orica Mining Services (Australia), Dyno Nobel (Australia), Solar Industries Limited (India), and Dynitec (Germany) are some of the major players in the remote firing systems market.
The ground control station market is projected to grow from USD 2.62 Billion in 2017 to USD 5.25 Billion by 2022, at a CAGR of 12.54% from 2017 to 2022. The objective of this study is to analyze, define, describe, and forecast the ground control station market based on type, platform, system, services, and region. Major players operating in the ground control station market include Elbit Systems (Israel), Raytheon Company (US), Lockheed Martin (US), L3 Technologies (US), Textron Systems (US), General Dynamics (US), AERODRONES (France), Robosys Automation and Robotics (India), Asseco Poland SA (Poland), AL Marakeb (UAE), Real-Time Innovations (US), and UAV Solutions (US).
The global airborne LiDAR market is projected to grow at a CAGR of 17.32% from 2017 to 2022, to reach a market size of USD 2,533.7 million by 2022 from an estimated USD 1,140.1 million in 2017. This growth is attributed to the increasing use of unmanned aerial vehicles in various applications and increasing adoption of LiDAR in engineering and construction applications.Leading players in the airborne laser scanning market include Saab (Sweden), Teledyne Technologies (US), Leica Geosystems (Switzerland), and FLIR Systems (US), among others. Contracts & agreements was the strategy most commonly adopted by the top players, constituting more than one third of the total developments from 2014 to 2017. It was followed by new product developments, expansions, and mergers & acquisitions.
The air defense system market is projected to grow from USD 30.57 Billion in 2017 to USD 45.19 Billion by 2024, at a CAGR of 5.74% from 2017 to 2024. The products offered by various companies operating in the air defense system market have been listed in the report. The recent developments section of the report includes information on the strategies adopted by various companies between January 2012 and August 2017 to strengthen their position in the air defense system market. Saab AB (Sweden), Israel Aerospace Industries Ltd. (Israel), Lockheed Martin Corporation (US), and BAE Systems plc (UK), among others, are the major players operating in the air defense system market.