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 vetronics market is projected to grow from USD 2.85 Billion in 2016 to USD 3.51 Billion by 2021, at a CAGR of 4.30% during the forecast period. The vetronics market is driven by various factors, such as network centric warfare, situational awareness, embedded technology system commonality, shift towards COTS enabled improved SWaP specifications, among others. This report forecasts the vetronics market and its dynamics during the next five years, while also recognizing market applications, evolving technologies, recent developments in the market, and high potential geographic regions and countries. The base year considered for the study is 2015, and the forecast period is between 2016 and 2021.
The drone payload market is estimated to be valued at USD 3.63 Billion in 2016, and is projected to reach USD 7.72 Billion by 2021, at a CAGR of 16.25% during the forecast period. Rapid advancement in technology is driving the drone payload market. Various technological advancements, such as micro-miniaturization, along with innovative use of micro electro mechanical devices (MEMS) and integrated computer application chips (ASIC) are expected to not only reduce the size and weight of sensors, but also enable their functional integration to fuse multiple data sources.
The smart weapons market is projected to grow from USD 11.52 Billion in 2016 to USD 15.64 Billion by 2021, at a CAGR of 6.3% during the forecast period. Factors, such as armed conflicts, terror activities, cross-border disputes, and increasing military use of smart weapons are expected to fuel the growth of the smart weapons market during the forecast period.
The flight management systems market is projected to grow from USD 2.31 Billion in 2016 to USD 3.13 Billion by 2021, at a CAGR of 6.23% during the forecast period. Various factors, such as demand for next generation flight management systems and advanced required navigation performance, development of glass cockpits resulting in better operational efficiency, significant growth in airline industry worldwide, and augmented fleet orders globally are expected to drive the flight management systems market. This market has witnessed a substantial growth in recent years.
The diving equipment market is expected to grow from USD 2.72 Billion in 2016 to USD 3.21 Billion by 2021, at a CAGR of 4.05% from 2016 to 2021. This growth can be attributed to the rise in the average income of the people, especially in emerging economies, such as India and Vietnam. The dive tourism, particularly in the European region, is also a key factor fueling the growth of the diving equipment market.
The global network centric warfare (NCW) market is projected to reach USD 57.68 Billion by 2021, growing at a CAGR of 4.52% during the forecast period. This growth can be attributed to the increasing number of wars and transnational disputes, growing need for timely and accurate information in the battlefield, and huge investments by countries for technological advancements of defense equipment to improve the communication systems of defense forces.
The airport lighting market is projected to grow from USD 473.7 Million in 2016 to USD 672.2 Million by 2021, at a CAGR of 7.2% from 2016 to 2021. Airport lights are used to indicate directions to the aircraft, during landing, takeoff, and parking. These lights are installed in runways, taxiways, and aprons. The runway lights are generally white, taxiway lights are blue in color, and apron lights can be of any color. The apron lights can be replaced by reflective markers in smaller airports.
The global riot control system market is projected to grow from USD 9.05 Billion in 2016 to USD 11.78 Billion by 2021, at a CAGR of 5.4% during the forecast period. Militarization of law enforcement agencies, polarization of civilians, driving maximum efficacy, and minimum liability are the key factors of demand and supply sides, which are driving the riot control system market.
The global air and missile defence radar (AMDR) market was valued at USD 8.79 Billion in 2016 and is projected to reach USD 12.52 Billion by 2021, at a CAGR of 7.34% from 2016 to 2021. Increased concerns towards prevention from ballistic and stealth missiles, target racking and early warning, airborne fire control, surveillance, and ground mapping, among others, are driving the demand for AMDRs across the globe.
The airport full body scanner (AFBS) market is projected to grow from USD 79.0 Million in 2016 to USD 118.2 Million by 2021, at a CAGR of 8.40% during the forecast period. Various factors, such as the need for more international airports, increasing passenger traffic globally and need for stringent security measures to combat terrorist activities are expected to drive the growth of the airport full body scanner market from 2016 to 2021.
The global non-lethal weapons market is projected to grow from USD 5.65 Billion in 2015 to USD 8.37 Billion by 2020, at a CAGR of 8.2% during the forecast period. Factors such as militarization of law enforcement agencies, polarization of civilians and driving maximum efficacy and minimum liability, among others are directly influencing the non-lethal weapons market.
The galley equipment market is projected to grow from USD 5.17 Billion in 2015 to USD 6.36 Billion by 2020, at a CAGR of 4.21% during the forecast period. Some of the factors that are expected to drive the galley equipment market include increasing aircraft and marine shipments, need for modular galleys, and increasing demand for lightweight galleys.On the basis of type, the galley equipment market has been segmented into single-aisle, twin-aisle, and business general aviation. The single-aisle segment is projected to grow at the fastest CAGR during the forecast period of 2015 to 2020, primarily driven by growing demand for single-aisle aircraft across the globe.
The Indian Ministry of Defense has been focusing on filling the gaps in the inventory held by Indian armed forces. It has also been focusing on encouraging procurement of defense equipment from indigenous manufacturers. It has initiated the process of signing various contracts with the private sector under the Buy-Make category of the DPP. This is also expected to lead to various partnerships between the Indian companies and global Original Equipment Manufacturers (OEMs) to meet this demand.
The global aerostat systems market has been estimated to be worth USD 5.42 Billion in 2016 and is expected to be valued at USD 10.95 Billion by 2021, registering a CAGR of 15.10% during the forecast period. This report covers the forecast of the aerostat systems market and its dynamics over the next five years, while also recognizing the market application gaps, evolving technologies, recent developments in the market, and high potential geographic regions and countries. In this report, 2015 is considered as the base year and the forecast period is between 2016 and 2021.
The global aircraft oxygen systems (AOS) market is projected to grow from USD 3.29 Billion in 2015 to USD 4.47 Billion by 2020, at a CAGR of 6.33% during the forecast period, 2015 to 2020. Various factors, such as growing demand for new aircraft deliveries, increasing passenger traffic across the globe, need for lightweight aircraft equipment, and growth opportunities in the aftermarket for aircraft equipment are expected to drive the growth of the global aircraft oxygen systems market.
The military laser systems market is estimated to be USD 3.03 Billion in 2015, and is projected to reach USD 4.63 Billion by 2020, at a CAGR of 8.86% from 2015 to 2020. This market is segmented on the basis of products, applications, technologies, and regions.
The global aviation cyber security market is projected to grow from USD 39.59 Billion in 2015 to USD 61.85 Billion by 2020, at a CAGR of 9.34% from 2015 to 2020. This growth is mainly attributed to the growing incidence of cybercrimes and cyber-attacks on the aerospace and defense sector. The report forecasts the aviation cyber security market over the next five years. It also identifies and analyzes market application gaps, evolving technologies, recent developments, and high potential geographic regions and countries. The aviation cyber security market has been analyzed on the basis of component (solution and service), deployment (on-cloud and on-premise), and region (North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America. The report provides a competitive landscape for key players in the market, with an explicit focus on their product offerings, key financials, and growth strategies adopted by them to sustain their market position.
The global military parachute market is valued at USD 910.50 Million in 2015 and is projected to reach USD 1.21 Billion by 2020 at a CAGR of 5.92%. The market is segmented by application, by component, and by type. As compared to other mechanisms during small war contingency operations, airborne forces play a pivotal role by jumping in a battalion or brigade in a moment’s notice and being operation ready overnight. Other alternative units will require an airstrip, equipment loading capabilities, and helicopters in such situations, that may take a week or two.
The sonobuoy market is estimated to be valued at USD 226.11 Million in 2015 and is projected to reach USD 316.59 Million by 2020, at a CAGR of 6.96% during the forecast period from 2015 to 2020. This report covers the forecasts of the sonobuoy market and its dynamics over the next five years, while also recognizing the market application gaps, evolving technologies, recent developments in the market, and high potential geographic regions and countries.
The global airport stands equipment market is estimated to be valued at USD 851.71 Million in 2015 and is projected to reach USD 1196.93 Million by 2020, at a CAGR of 7.00% from 2015 to 2020. The growth in the airport stands equipment market is attributed to factors such as increasing demand in commercial aviation applications, better technological advancements, and amended safety norms to perform complex operations with least human intervention, and reduced risks and cost associated with the use of stands equipment.
The global VTOL UAV market is estimated to be valued at USD 2,235.40 Million in 2015 and is projected to reach USD 5,500 Million by 2020, at a CAGR of 19.73% from 2015 to 2020. The growth in the market is attributed to factors such as increasing demand in commercial and law enforcement applications, better technological advancements, amended safety norms to perform complex operations with least human interventions, and reduced risks and cost associated with the use of VTOL UAVs.
The airport baggage handling system market is estimated at USD 6.45 billion in 2015. It is projected to grow at a CAGR of 7.72% to reach USD 9.36 billion by 2020. The factors that are expected to fuel the growth of the airport baggage handling system market are the increase in air travel by people all over the world, modernization of airports, enhancement of airports’ efficiency and customer satisfaction, and improvement of aircraft turnaround time, and others. On the other hand, factors, such as complex architecture and high level of initial investment, are restricting the growth of this market. However, an increase in the passenger and cargo traffic with a limited airport space provides new growth opportunities for the market players. Siemens (Germany), Vanderlande Industries (Netherland), Daifuku Company (Japan), Pteris Global (Singapore), Beumer Group (Germany), Grenzebach Maschinenbau (Germany), BCS Group (New Zealand), Logplan (U.S.), G&S Airport Conveyor (U.S.), and Fives Group (France), are some of the major players in the airport baggage handling system market.
The global aircraft fuel systems market is expected to reach USD 9.15 Billion by 2020 from USD 6.52 Billion in 2015, at a CAGR of 7.0% during the forecast period. An aircraft fuel system pumps fuel from fuel tank into the aircraft engine. The system consists of fuel tanks, pipework, fuel pumps, fuel gauges, valves, and fuel control monitoring systems. The fuel is stored in the fuel tanks, which are placed in the wing structure, and in case of long-range aircraft, an extra fuel tank or tanks are provided in the fuselage.
The multirotor drones market research report categorizes the global market on the basis of application, payload, and geography for the forecast period from 2015 to 2020. The application segment categorizes in to business & commerce, law enforcement, environmental inspection, aerial shooting, and defense applications. The report highlights the market size and the market share for these applications, of which aerial shooting application contributes maximum share; whereas, law enforcement and business & commerce have highest growth rate. The multirotor drones market is estimated to be valued at $840.21 Million in 2015. It is projected to register a CAGR of 22.2% to reach $2.28 Billion by 2020.
The shooting ranges market has great potential to grow,The market is projected to reach $1,080 Million by the end of 2020, at a projected CAGR of 8.35% from 2015 to 2020. This report provides qualitative and quantitative information about the shooting ranges market. IT identifies the market application gaps, emerging technologies, the need for new product launches, and high potential geographic regions and countries.
The flight navigation system market is estimated to be USD 10.39 Billion in 2014, and is projected to reach USD 15.68 Billion by 2020, at a CAGR of 7.10% from 2014 to 2020. This market is segmented into flight instrument, product, application, and regions. Some of the key players of the flight navigation systems market include Honeywell International Inc. (U.S.), Rockwell Collins (U.S.), Raytheon Company (U.S.), Northrop Grumman Corporation (U.S.), and The Boeing Company (U.S.), among others. These players are adopting strategies, such as new product developments, long-term contracts, and expansions to strengthen their positions in the flight navigation systems market.
This report provides a market analysis of the aircraft de-icing market, over the next five years. It contains an analysis of the drivers, challenges, and restraints that affect the industry, along with their impact from the short, medium, and long term perspectives landscapes. The aircraft de-icing market is expected to reach $1.30 billion by 2020, to register a CAGR of 5.18%. Key players profiled in the report are B/E Aerospace, Inc., Lyondell, UTC Aerospace Systems, JBT Corporation, Clariant AG, The Dow Chemical Company, Cryotech, Kiittokori OY, Kilfrost, BASF Corporation, Vestergaard, Contego De-icing Solutions, SDI Aviation, Weihai Guangtai Airport Equipment Co. Ltd and Global Ground Support LLC. The report also specifies the key growth regions and countries for this market along with, emerging trends and technologies.
The report provides market analysis for the global Automatic Identification System (AIS) market over the next six years (2014-2020), which includes the study of the AIS by platform, class, and application. According to the projections in this report, the market size of the AIS market is estimated at $174.5 Million in 2014 (including S-AIS market) and is expected to register a CAGR of 4.33%, to reach $225.05 Million by 2020. APAC market is expected to contribute largely in terms of procurement and manufacturing, among the analyzed regions. The emerging economies in Asia-Pacific, Latin America, and Africa are expected to be the prospective markets during the forecast period.
The global telemetry market is estimated to be $109.54 Billion in 2014, and is expected to reach $243 Billion by 2020, registering a CAGR of 14.20%. The geographical analysis contains an in-depth study of telemetry systems in the American, European, Asia-Pacific, the Middle Eastern, and the African regions. The detailed analysis of the countries in these regions is covered to give a detailed picture of the supply and demand dynamics over the forecast period. The sections and sub-segments in the report would contain drivers, restraints, opportunities, challenges, and current market trends that are expected to revolutionize the telemetry market.
This report analyzes the industrial security systems market for a period of six years. On the basis of systems, the industrial security systems market is categorized into video surveillance systems, access control systems, and intrusion detection systems. The industrial security systems market is projected to be around $25 billion in 2014 and is expected to reach $38 Billion by 2020, growing at a CAGR of 8.69%.
The report also includes the market analysis of autopilot components such as GPS, Gyros, actuators, and autopilot software. The global autopilot systems market is estimated to be $2.86 billion in 2014 and is expected to register a CAGR of 6.20% to reach $4.1 billion by 2020. Rockwell Collins (U.S.), Honeywell (U.S.), Genesys Aerosystems (U.S.), Furuno (Japan), Garmin (Switzerland), Micropilot (Canada), Raymarine (U.S.), and DJI (China) are the market leaders and occupy a significant market share for the global Autopilot Systems market.
The report provides an in-depth analysis of the top 10 defense spending. It provides information about the current trends in the market with respect to geographies, countries, platforms, and applications market scenario. The top 10 defense spending is estimated to be $ 1,160.58 billion in 2014, and is expected to register a CAGR of 7.07%, to reach $1,748.46 billion in 2020
The commercial aircraft video surveillance systems market is estimated to be $127.13 million in 2014 and is projected to register a CAGR of 5.35% to reach $173.83 million by 2020. The report provides key statistics for the forecast period. The research report provides in-depth insights with regards to the commercial aircraft video surveillance systems market.
Technologies are reaching maturity, development tools are up and running, and everybody has focused their energies on common goal. The next step is to integrate this innovative approach to gather the data from the single unit. The report carries in-depth analysis of the data recorder market. It provides information on the various types of technology used in aerospace and marine. The analysis has been carried out with respect to geography, technology, and the current market scenario.
The global light weapons market is estimated to be $9.62 billion in 2014 and is expected to register a CAGR of 4.48% to reach $12.51 billion by 2020. The global heavy machine guns market is estimated to be $1.07 million in 2014 and is expected to register a CAGR of 5.90% to reach $1.52 billion in 2020. The global light weapons market in Latin America is estimated to be $431.04 million in 2014 and is expected to register a CAGR of 5.32% till 2020. The global unguided weapons market is estimated to register a CAGR of 4.05% from 2014 to 2020.
The ILS and VLA market is estimated to be $1152.15 Million in 2014 and is projected to register a CAGR of 5.54% to reach $1680.79 Million by 2020. The report provides key statistics for the forecast period provides in-depth insights with regards to the ILS and VLA market. Major players in instrument landing system and visual landing aids market include Astronics Corporation (U.S.), ADB Airfield Solutions, LLC (U.S.), Honeywell International, Inc. (U.S.), ATG Airports, Ltd. (U.K.), Multi Electric Manufacturing, Inc. (U.S.), Rockwell Collins, Inc. (U.S.), SAAB Sensis (U.S.), and Systems Interface Ltd. (U.K.).
The multi-function display market is estimated to be $8.92 Billion in 2014 and is projected to register a CAGR of 9.12% to reach $15.06 Billion by 2020. The major players in this market are Rockwell Collins, Elbit Systems, Honeywell Aerospace, Barco N.V., Garmin Ltd, Raymarine (FLIR), Samtel Group, Universal Avionics, and Esterline Technologies Corporation.
The global altimeter systems, pitot tubes, and other sensors is projected to be around $155.30 million in 2014 and it is estimated to be reach around $187.72 million in 2020 growing at a CAGR of 3.21%.The global altimeter systems, pitot tubes, and other sensors market is driven by the increase in the demand for aircraft orders and the regulations imposed by the aviation industry. With technological evolution, better digital altimeter systems, pitot tubes, and other sensors are being integrated into the aircraft.
The electronic cartographic marine market forecast report offers a complete analysis of the market across the forecast period of seven years from 2013 to 2020. It provides an analysis of the factors that drive the market, restrain growth, and the challenges faced by the industry.
The report scrutinizes the state of the aviation test equipment market, contingent upon evolving trends in the aerospace industry in commercial as well as defense sector. The intensification in the avionics manufacturing and development activities has triggered the need of calibrated test equipment.
The aerospace & military Auxiliary Power Unit (APU) market is projected to grow from USD 1.53 Billion in 2014 to USD 1.85 Billion by 2019, at a CAGR of 3.92% from 2014 to 2019. The increasing aircraft deliveries across the globe, as well as the retrofit activities in the general aviation market, are expected to fuel the growth of the aerospace & military Auxiliary Power Unit (APU) market. Technological drawbacks in aerospace industries can act as a restraint for the aerospace & military Auxiliary Power Unit (APU) market. Major companies profiled in the report include . Honeywell (US), Microturbo (France), UTC Aerospace Systems’ subsidiary- Hamilton Sundstrand (US), and Pratt & Whitney-subsidiary of United Technologies (US).
The global man-portable communication systems market is projected to grow from USD 30.15 Billion in 2014 to USD 39.52 Billion by 2019, at a CAGR of 5.56% from 2017 to 2022. There is an increasing trend towards software defined radios, VSATs (Very small aperture terminals), and smartphones. This has provided a growth momentum to mature markets such as the U.S. and have opened a number of avenues for emerging markets such as India, China, and the Middle East. Defense budget cuts can act as a restraint for the global man-portable communication systems market. Major companies profiled in the report include Harris Corporation (US), Rockwell Collins (US), BAE Systems (UK), SAAB (Sweden), and Thales (France).
Currently, the global infrared and thermal imaging systems market value is estimated at US$3,350 million and is expected to touch $5,219.21 million by 2019 at a CAGR of 9.27%. The sector demands cheaper hand-held products and a drive towards the commercial infrared and thermal imaging sector in the coming years.
The commercial aviation windows and windshields market is projected to grow from USD 541.6 Million in 2013 to USD 635.3 Million by 2018, at a CAGR of 3.25% from 2013 to 2018. The increasing aircraft deliveries across the globe, as well as the retrofit activities in the general aviation market, are expected to fuel the growth of the commercial aviation windows and windshields market. Stringent regulations in aerospace industries can act as a restraint for the commercial aviation windows and windshields market. Major companies profiled in the report include GKN Aerospace (UK), PPG Aerospace (US), Nordam Group Inc. (US), Gentex Corporation (US), Triumph Group Inc. (US) and Saint-Gobain Sully (France).
The global aircraft refurbishing market is projected to grow from USD 3.14 Billion in 2012 to USD 4.10 Billion by 2017, at a CAGR of 5.5% from 2012 to 2017. Reasons for this sudden spurt in growth are several; airlines and business jet owners have undertaken retrofit of their aircrafts in a shorter cycle than in the early days of civil aviation. The future for this market will primarily be the various types of work which cover the entire process of a chain of complete cabin refurbishing or conversions, these works are typically outsourced by the aircraft owners or manufacturers to centers known as center of completions. Passing flammability and certification tests can act as a restraint for the global aircraft refurbishing market. Major companies profiled in the report include BE Aerospace (US), Zodiac Aerospace (France), TIMCO Aviation Services (US), SIA Engineering Company (Singapore), Lufthansa Technik (Germany), Gulfstream (US), and Sabreliner Corporation (US).