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Naval Vessels and Surface Combatants Market Size 2021 | Top Manufacturers, Growth Overview, Size, Revenue, Latest Trends and Forecast 2027

The global naval vessels and surface combatants market size is projected to reach USD 41.82 billion by 2026 owing to the advancement in technology in naval warships. Such warships are used for sea-based battlefield operations and are inclusive of vertical missile launchers, rocket launchers, torpedo launching systems, and anti-submarine rocket launchers. Fortune Business Insights™ offers a 360-degree overview of the market and its prime growth parameters in their recently published report titled, “Naval Vessels and Surface Combatants Market Size, Share and Industry Analysis, By Platform (Aircraft Carriers, Destroyers, Corvettes, Amphibious ships, Frigates, and Auxiliary Vessels), By System (Marine Engine System, Weapon Launch System, Sensor System, Control System, Electrical system, Auxiliary system, and Communication System), By Application (Search and Rescue, Combat operations, MCM Operations, Coastal Surveillance, and Others), and Regional Forecast, 2019-2026 .” As per this report, the value of the market was USD 34.24 billion in 2018 and is anticipated to exhibit a CAGR of 2.52% during the forecast period set from 2019 to 2026.

Market Drivers Advent of 3D Printing Technology will Boost Market

The incorporation of technologies such as Information, Communication, and Technology (ICT) in naval ships is a major factor promoting the naval vessels and surface combatants market growth. This, coupled with the rapid change in weapon launch system and sensor system technology, will also drive the market. Moreover, the advent of integrated electric propulsion technology, coupled with the rising demand for 3D printing technology to build complex geometric ships are likely to aid in the expansion of the market in the future.

Regional Segmentation: Increasing Budget from Defense Sector of Emerging Economies will help Asia Pacific register Fastest Growth Rate

Based on geography, North America is holding the dominant naval vessels and surface combatants market share with a revenue of USD 13.41 billion. The growth of this region is attributed to the substantial expenditures on corvettes and carrier replacement program from the U.S. Navy. This, coupled with the presence of key players such as General Dynamics Corporation, Lockheed Martin Corporation, and Huntington Ingalls Industries, Inc. are also expected to boost the market in the region.

On the other hand, the market in Asia Pacific will witness the fastest growth on account of the rising defense budget from the Indian Navy and the People’s Liberation Army Navy, China. Additionally, the rising demand for advanced autonomous cruises and warships is likely to propel the market in Europe. Furthermore, the rise in expenditure on auxiliary vessels from Latin America will help boost the market in the rest of the World.

Browse Summary of This Research with Detailed Table of Content: https://www.fortunebusinessinsights.com/naval-vessels-and-surface-combatants-market-102695

List of Top Naval Vessels And Surface Combatants Market Manufacturers Include:

Abu Dhabi Ship Building

ASC PTY LTD

Austal Limited

BAE Systems.

Damen Shipyards Group

DSME Co., Ltd.

General Dynamics Corporation

Huntington Ingalls Industries, Inc.

Hyundai Heavy Industries Co., Ltd.

Lockheed Martin Corporation.

Mazagon Dock Shipbuilders Limited

Naval Group

PO Sevmash JSCo

Thales Group

ThyssenKrupp Marine Systems AG

Others

Competitive Landscape: Presence of Many Players will Intensify Market Competition

Companies operating in the naval vessels and surface combatants market are engaging in mergers and acquisitions, joint ventures, and collaborations either with other companies or for the government bodies to complete and deliver upgraded and shipbuilding projects. Such initiatives will not only attract high naval vessels and surface combatants market revenue but also help players earn the lion’s share in the market. The presence of many players in this market indicates a fragmented nature of the market, and this may serve as a major factor intensifying the overall market competition in the forthcoming years.

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Military Communications Market Size Analysis, Industry Share, Growth, Trends, Segmentation, and Regional Demand Forecast by 2027

The global military communications market size is set to gain traction from the increasing adoption of satellite communication (SATCOM) technology. This technology aids in achieving ship-to-shore, ship-to-ship, air-to-ground, and air-to-air communications. It also provides tactical communication that can be easily integrated on aircraft, naval vessels, and vehicles. This information is published by Fortune Business Insights™ in a recent report, titled, “Military Communications Market Size, Share and Industry Analysis by Component (Hardware and Software), By Technology (SATCOM, VHF/UHF/L-Band, HF Communication, and Data Link), By Platform (Airborne, Ground, Naval, and Space), By Application (Command and Control, Intelligence, Surveillance, and Reconnaissance (ISR), Situational Awareness, Routine Operations, and Others), and Regional Forecast, 2019-2026.” The report further mentions that the Military Communications Market size was USD 39.86 billion in 2018 and is projected to reach USD 62.96 billion by 2026, thereby exhibiting a CAGR of 6.18% during the forecast period..

This Report Answers the Following Questions:

What are the Military Communications Market trends, growth drivers, and hindrances?

How many segments does the market have?

Which region is expected to lead by gaining the maximum revenue?

Which company would generate the largest share in the coming years?

What are the opportunities and challenges that the market may come across in the near future?

Drivers & Restraints:

Rising Investment in Military Worldwide to Accelerate Growth

In the defense sector, maintenance of consistent communication and protection of highly confidential information are two of the major requirements. Inaccurate transfer of real time data and leakage of crucial data may result in disputes and pose a risk to the safety of the masses worldwide. Defense communication is often dependent on a vast and complex network of software and hardware components for conveying the messages across the globe.

In addition to that, it consists of all the aspects related to the transmission of information by military forces for well-organized control, command, military surveillance, and functioning. The investment in the military is likely to upsurge in the coming years because of the rising disputes among various countries. However, such communication is mission-critical. Hence, it may hinder the Military Communications Market growth during the forecast period.

Browse Summary of This Research Insights with Detailed Table of Content: https://www.fortunebusinessinsights.com/military-communications-market-102696

Segment:

Software Segment to Grow Rapidly Backed by Increasing Usage of SDR System

In terms of components, the market is bifurcated into software and hardware. The software segment held a 26.5% defense communication market share in 2018 and is expected to grow at a fast pace throughout the forecast period. This growth is attributable to the higher usage of software-defined radio (SDR) systems in military forces. SDR offers improved functions to the end-user. It is also capable of transmitting data, voice, and video across dissimilar systems. Besides, it can integrate cross banding and can perform multi modes of operations by utilizing multiple frequency bands. Fortune Business Insights™ lists out all the organizations present in the military communication solution market. They are as follows:

ASELSAN A.S.

Cobham PLC

Collins Aerospace

General Dynamics Corporation

Honeywell International Inc.

Iridium Communications Inc.

L3Harris Technologies, Inc.

Lockheed Martin Corporation

Northrop Grumman Corporation

Raytheon Company

Rohde & Schwarz

Thales Group

Viasat Inc.

Regional Analysis:

Rising Commercial Aircraft Deliveries to Favor Growth in Asia Pacific

Based on the region, the market is segregated into North America, Asia Pacific, Europe, and the rest of the world. Out of these, North America procured USD 15.35 billion in Military Communications Market revenue in 2018. It occurred because of the existence of numerous prominent communication equipment and system manufacturers in this region. Europe is anticipated to grow considerably fueled by the presence of several naval and airborne communication solution manufacturers, namely, Cobham Plc. and Thales Group.

Asia Pacific, on the other hand, is projected to showcase robust growth in the coming years backed by the rising deliveries of commercial aircraft in the developing nations, such as China and India. Apart from that, these countries are experiencing a surge in military spending to remold their military systems for strengthening the defense sector.

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Wireless Infrastructure Market Size Analysis, Growth, Share Investment Strategies and Competitive Insights To 2027 by Fortune Business Insights™

The global wireless infrastructure market size is projected to reach USD 249.87 Billion by 2026 on account of the increasing adoption of 5G technology worldwide. Wireless infrastructure is a total combination of key standards such as connectivity solutions, connectivity principles, and communication assets. As per a recently published report by Fortune Business Insights™ titled, “Wireless Infrastructure Market Size, Share and Industry Analysis, By Connectivity Type (5G, 4G & LTE, 3G, 2G, and Satellite), By Infrastructure Type (Small Cells, Mobile Core, Macro-cell, Radio Access Networks (RAN), Distributed Antenna System (DAS), Cloud RAN, Carrier Wi-Fi, Backhaul, and SATCOM), By Platform (Government & Defense, Commercial), and Regional Forecast, 2019- 2026,” the market value stood at USD 121.80 billion in 2018 and will exhibit a CAGR of 9.2% between 2019 and 2026.

Objectives of the Report

The report provides a 360-degree overview of the market and its prime growth parameters such as restraints, drivers, upcoming opportunities, and challenges. It also provides details of the market segmentation table based on factors such as connectivity, infrastructure, platform, and region. The report provides insights into the market, significant industry developments, and current wireless network infrastructure market trends. In addition to this, the report highlights the competitive landscape of the market, base and predicted market figures, the list of players functioning in the market, and the main strategies adopted by them to stay ahead of the market competition. The report is available for sale on the company website.

Market Drivers Advent of Digitalization in Various Sectors will Drive Market

The increasing penetration of the internet of things worldwide is the key factor propelling the wireless infrastructure market growth. This, coupled with the advent and the increasing popularity of 3G, and 4G technology is also boosting the market. In addition to this, the rapid adoption of IoT based electronic devices and the rise in mobile data traffic will also help the market gain impetus in the future. Moreover, the advent of digitalization in other industries such as aerospace and defense and others are also projected to aid in the expansion of the wireless infrastructure market in the forecast period.

On the contrary, the need for large capital investment and the complex design and architecture of wireless network systems may pose a major hindrance to the market. Nevertheless, the increasing demand for high-speed internet data connectivity will create lucrative growth opportunities for the market in the coming years.

Browse Detailed Research Insights with Table of Content: https://www.fortunebusinessinsights.com/wireless-infrastructure-market-102741

List of Key Companies Operating in the Wireless Network Infrastructure Market include:

Ciena Corporation

D-Link Corporation

Huawei Technologies Co., Ltd.

NXP Semiconductor N.V.

ZTE Corporation

Altran Technologies.

Cisco Systems, Inc.

Fujitsu Ltd

NEC Corporation

Qualcomm Technologies Inc.

Other Vendors

Regional Segmentation: Increasing Number of Internet Users will Help the Asia Pacific Earn Significant Revenue

Regionally, North America earned the dominant heterogeneous network infrastructure market share with a revenue of $43.0 billion earned in 2018. Growth of this region is attributable to the presence of large manufacturing companies and service providers in the region. Europe ranks second owing to the presence of technology giants such as Ericson, Deutsche Telekom, and Three UK, among others. The Asia Pacific market on the other side is likely to witness significant growth in the coming years on account of the notable rise in internet users and commercial mobile subscribers in emerging nations such as China and India. Furthermore, the market in the Middle East and Africa is expected to rise at a significant CAGR in the forecast period on account of the rising growth of the tourism sector and the expansion of this market in the entire region.

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Liquid Laundry Detergent Market 2027 Global Business Opportunities, Key Companies, Size, Industry Share, Upcoming Technologies | Research Report by Fortune Business Insights™

The Liquid Laundry Detergent Market size is predicted to reach USD 33.24 billion by 2027, exhibiting a CAGR of 5.8% during the forecast period. The rising shift from powder detergent to liquid detergent owing to its formula to remove tough stains in one wash will spur demand for the market, states Fortune Business Insights in a report, titled “Liquid Laundry Detergent Market Size, Share & Industry Analysis, By Application (Household, and Industrial & Institutional, {Laundry & Dry Cleaning Service, Hotel & Other Lodging, Healthcare, Textile Industry, and Others}), and Regional Forecast, 2020-2027” the market size stood at USD 21.25 billion in 2019.

What does the Market Report Offer?

The market report offers an exhaustive study of several factors such as drivers, restraints, challenges, and opportunities that will affect the growth of the market in the forthcoming years. The report covers regional demographics that include qualitative and quantitative information about the regions that are further divided into nations that are contributing to the growth of the market between 2019 and 2026. Furthermore, the competitive landscape has been discussed in-depth that include information of several players operating in the market. Moreover, information on the adoption of strategies such as merger and acquisition, collaboration, partnerships, and joint ventures by the companies that will drive the growth of the market has been included during the projected horizon.

Market Driver:

Heavy Demand for Automatic Washing Machines to Propel Market

The rising necessity for washing machines in the residential sector is a key factor driving the market. The growing demand for fully automatic washing machine owing to its user-friendliness and low time consumption time will subsequently aid the expansion of the market during the forecast period. The ability to both wash and whirl in fully automatic washing machines along with being eco-friendly will promote its use, which, in turn, will foster the growth of the market. The evolvement from semi-automatic to fully automatic washing machine owing to its capacity to offer efficient and stain removal operations will have a positive impact on the market. The growing popularity of automatic machines in the household and the residential sector will drive the market. Moreover, the increased spending on household accessories and machines will consequently boost the market in the foreseeable future. In addition, the introduction of innovative products by major brands will spur opportunities for the market in the forthcoming years. For instance, Kao Corporation a Japanese chemical and cosmetics company announced the launch of concentrated liquid laundry detergent "Attack ZERO.” The new concentrated liquid detergent is the first of Kao's exclusively designed product series formulated as its key ingredient.

Browse Summary of This Research Report with Detailed Table of Content: https://www.fortunebusinessinsights.com/liquid-laundry-detergent-market-102962

List of the Key Companies Profiled in the Liquid Laundry Detergent Market Research Report are:

Procter & Gamble (U.S.)

Unilever (U.K.)

Lion Corporation (Japan)

KAO CORPORATION (Japan)

Henkel AG & Co. KGaA (Germany)

Church & Dwight Co., Inc. (U.S.)

Reckitt Benckiser Group plc (U.K.)

Wipro Consumer Care and Lighting (India)

Seventh Generation Inc. (U.S.)

Guangzhou Blue Moon Industrial Co., Ltd. (China)

Other Key Players

Regional Analysis:

Rapid Urbanization to Augment Growth in Asia Pacific

The North America market size stood at USD 6.94 Billion in 2019 and is expected to grow rapidly during the forecast period. The growth in the region is attributed to the surge in the hospitality and textile industries. The rising inclination towards a healthy lifestyle coupled with concerns regarding home care hygiene will accelerate the healthy growth of the market. The rising household spending will further influence growth in the region. Asia Pacific is predicted to dominate the market during the forecast period owing to the increasing product awareness in the emerging nations. The rapidly evolving industries in the developing countries such as India and China will have a tremendous impact on the market. The rapid urbanization and high demand for washing machines will create lucrative opportunities for the market in the foreseeable future.

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Inertial Measurement Unit Market Size, 2021 Industry Share and Global Demand | 2027 Forecast by Fortune Business Insights™

The global electro-optical/infrared (EO/IR) systems market size is expected to reach USD 20.36 billion by 2026, exhibiting a CAGR of 5.84% during the forecast period. The growing necessity to improve target identification, assess threats, and monitoring in different weather conditions will spur opportunities for the market during the forecast period. The increasing application of EO/IR in fire control system, airborne homeland security, search and rescue, surveillance, and intelligence, surveillance, target acquisition, and reconnaissance (ISR) will boost the electro-optical/infrared (EO/IR) systems market trends, states Fortune Business Insights in a report, titled “Electro-Optical/Infrared (EO/IR) Systems Market Size, Share and Industry Analysis, By Systems (Imaging System and Non-Imaging System), By Technology (Cooled and Uncooled), By Sensor Technology (Staring Sensor and Scanning Sensor), By Imaging Technology (Multispectral and Hyperspectral), By wavelength (Ultraviolet, Near Infrared, Short Wavelength Infrared, Medium Wavelength Infrared, and Long Wavelength Infrared), By Platform (Airborne, Land, and Marine/Naval), By End User (Commercial and Military), and Regional Forecast, 2019- 2026” the market size stood at USD 13.15 billion in 2018.

Competitive Landscape:

Contract Bagged by Elbit Systems to Accelerate Market Potential

Elbit Systems Ltd., an Israel-based international defense electronics company announced that its subsidiary, Elbit Systems of America LLC received a contract by Raytheon Company, a manufacturer and leader in weapons and military electronics for the U.S. defense, to deliver the Two-Color Laser System (TCLS) for the Multi-Spectral Targeting System. The agreement between Elbit Systems of America LLC and Raytheon Company will promote the electro-optical/infrared (EO/IR) systems market revenue during the forecast owing to the Two-Color Laser System (TCLS) capabilities in airborne missions.

For instance, TCLS is used in multiple military airborne platforms, including the next-generation targeting systems onboard unmanned aerial vehicles. Furthermore, President and CEO of Elbit Systems of America, Raanan Horowitz, said in a statement, “The Two-Color Laser System provides increased targeting accuracy and flexibility, minimizing the potential for collateral damage. These attributes are key to U.S. warfighters who depend on these systems for a successful mission.”

Nonetheless, the growing adoption of advanced sensors integrated systems for military applications will drive the electro-optical/infrared (EO/IR) systems market share in the foreseeable. The rising demand for unmanned vehicles for detection and surveillance will perpetually support the growth of market.

Browse Detailed Research Insights with Table of Content:  https://www.fortunebusinessinsights.com/electro-optical-infrared-eo-ir-systems-market-102742

List of Electro-Optical/Infrared (EO/IR) Systems Market Manufacturers include:

Lockheed Martin Corporation

Raytheon Company

Leonardo S.p.A.

Elbit Systems Ltd.

L-3Harris Technologies Inc.

BAE Systems PLC.

Thales Group

Northrop Grumman Corporation

General Dynamics

UTC Aerospace

Rheinmetall AG

Saab Group

Regional Analysis:

Rising Emphasis on Border Security to Propel Market in Asia Pacific

The market in North America stood at USD 6.21 billion and is expected to grow rapidly in the forthcoming years owing to the presence of major players in the region. Asia Pacific is predicted to witness a high growth rate in the forthcoming years due to the rising military expenditure. The increasing border security will subsequently foster the growth of the market in the region. The increasing technological advancement in military electronics will facilitate growth in the region. The rising development and production of high-class military aircrafts and UAVs for military operations will favor healthy growth in Asia Pacific.

The growing deals and agreements among players will consequently bode well for the market in Asia Pacific. For instance, Elbit Systems Ltd. announced that it was granted a deal of approximately $670 million contract to supply defense solutions to a country in Asia-Pacific. The contract will be performed over 25 months.

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Inertial Measurement Unit Market Upcoming Trends in 2021, Size, Share, Industry Growth Impact, Key Drivers and Forecast to 2027

The global inertial measurement unit market size is projected to reach USD 24.91 billion by 2027, exhibiting a CAGR of 9.22% during the forecast period. Wide applicability of IMU sensors will be the key growth-driving factor for this market, according to the new Fortune Business Insights™ report, titled “Inertial Measurement Unit (IMU) Market Size, Share and Industry Analysis, by Component (Accelerometers, Gyroscopes, and Magnetometers), By Technology (Mechanical Gyro, Ring Laser Gyro, Fiber Optics Gyro, MEMS and Others), By Platform (Airborne, Ground, Marine/Naval, and Space), By End-use Industry (Aerospace & Defense, Consumer Electronics, Marine/Naval, Automotive and Others), and Regional Forecast, 2020 – 2027”.

Inertial measurement units (IMUs) are a form of sensor technology that have the capability of calculating different parameters, including magnetic fields, angular rate, acceleration, direction, and speed, using three tools – magnetometer, gyroscope, and accelerometer. Owing to their enhanced capabilities, these devices are extensively used in military surveillance applications. For example, manned and unmanned aerial vehicles (UAVs) are equipped with IMUs for accurate calculation of altitude and relative position of the vehicle. This technology is also utilized as a supplement to GPS devices on account of their navigational abilities. Thus, these advantages of IMUs in various applications bode well for the progress of this market. The report states that the market value stood at USD 17.34 billion in 2019. The other highlights of the report include:

Exhaustive evaluation of the various market drivers and trends;

In-depth analysis of the challenges facing the market;

Precise computation of market values and figures;

Careful segmentation of the market; and

Comprehensive study of the competitive milieu and regional prospects of the market.

Market Driver

Availability of Advanced IMUs to Favor Market Growth

The utility of IMUs in military operations, especially in UAVs, has prompted companies in this domain to engineer advanced solutions pertaining to this technology. As a result, today, there is wide availability of next-gen IMUs in the market. For example, EMCORE’s Systron Donner Inertial provides solid-state micro-electromechanical systems (MEMS) IMUs for drones to operate in the harshest weather conditions.

Similarly, France-based SBG Systems designs and supplies MEMS-driven inertial sensors for unmanned vehicles. The company’s Ellipse 2 Micro Series is its lightest and smallest IMU offering, designed to provide accurate positioning data for unmanned systems. Such advancements in inertial sensor technologies is expanding the scope and accelerating the IMU market growth in the process.

up their R&D investment to enhance their innovation capabilities. This is also enabling them to strengthen their position in this market, diversify their portfolio, and expand globally.

Browse Detailed Research Insights with Table of Content: https://www.fortunebusinessinsights.com/industry-reports/inertial-measurement-unit-market-101827

List of key Players Covered in the Inertial Measurement Unit Market Report are:

Analog Devices Inc. (The U.S.)

General Electric Company (The U.S.)

Gladiator Technologies (The U.S.)

Honeywell International Inc. (The U.S.)

Parker-Hannifin Corporation (The U.S.)

Northrop Grumman Corporation (The U.S.)

Robert Bosch GmbH (Germany)

Safran (France)

Sensonor AS (Norway)

STMicroelectronics International N.V. (Switzerland)

TDK Corporation (Japan)

Thales Group (France)

Trimble Navigation (The U.S.)

VectorNav Technologies. LLC (The U.S.)

Regional Insights

North America to Lead the Charge; Asia-Pacific to Register Steady Growth

North America, with a market size of USD 6.70 billion in 2019, is poised to dominate the inertial measurement unit market share during the forecast period owing to the strong presence of IMU manufacturers in the region. Moreover, the US is the highest defense spender in the world and is known to use some of the most advanced weaponry and surveillance technologies. These factors provide the necessary fodder for the growth of this market in the region.

On the other hand, the market size in Asia-Pacific is anticipated to expand steadily on account of rising military spending in India and China. Other than this, the region is also experiencing surging usage of smartphones and other consumer electronics, which are the critical factors favoring market growth in the region.

Growing Investment in R&D by Companies to Intensify Competition

Development of IMUs requires innovation in engineering techniques and therefore, most players in this market are ramping

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Aircraft Line Maintenance Market Growth Dynamics, 2021 Share Value, Size, Business Opportunities and Industry Forecast to 2027

The global aircraft line maintenance market size is expected to reach USD 23.67 billion by 2027, exhibiting a CAGR of 5.06% during the forecast period. The growing concerns regarding public safety and management will spur opportunities for the market during the forecast period, states Fortune Business Insights in a report, titled “Aircraft Line Maintenance Market Size, Share & COVID-19 Impact Analysis, By Type (Transit Checks, and Routine Checks), By Aircraft Type (Commercial, Military), By Platform (Traditional Line Maintenance, Digital Line Maintenance), By Service (Engine and APU Service, Component Replacement and Rigging Services, Aircraft On Ground Service, and Others) and Regional Forecasts, 2020-2027” the market size stood at USD 20.21 billion in 2019. The rising improvements and advancements in the maintenance, repair, and overhaul (MRO) of the aviation industry will support the growth of the market.

List of the Key Companies Operating in the Aircraft Line Maintenance Market are :

ANA Line Maintenance Technics Co., Ltd. (Japan)

Ameco (China)

BCT Aviation Maintenance Ltd (The U.K.)

Monarch Aircraft EngineeringLtd (Germany)

STS Aviation Group, Inc. (The U.S.)

United Airlines, Inc. (The U.S)

Nayak Group (Germany)

Delta TechOps (The U.S.)

Hong Kong Aircraft Engineering Company Limited (China)

Market Driver:

Integration of Big Data and IoT to Enhance Market Potential

The rising utilization of big data to store chunks of data and processing will have a tremendous impact on the growth of the market. The escalating demand of IoT for its predictive techniques and methods to reduce maintenance delays will enable speedy expansion of the market in the forthcoming years. The development of wearable technologies will boost the MRO services, which, in turn, will create opportunities for the market during the forecast period. The evolving industry regulations will create lucrative business opportunities for the market in the foreseeable future. The utilization of advanced technologies by the industry such as google glass or pebble watch for immediate responses and resolution of critical issues will subsequently foster the growth of the market during the forecast period.

Gain More Insights into the Aircraft Line Maintenance Market Research Report: https://www.fortunebusinessinsights.com/aircraft-line-maintenance-market-102864

Furthermore, the growing employment of artificial intelligence (AI) to reduce maintenance time and aircraft failures will uplift the aircraft line maintenance share during the forecast period. for instance, AI allows mechanics to perform tasks handsfree, which eases the operational burden. The use of Smart AI-based solutions in the aviation industry will contribute positively to the growth of the market. However, the coronavirus crisis will have an adverse outcome for the aviation industry during the forecast period.

Regional Analysis:

Modernization of Contemporary Aircraft Systems to Foster Growth in Europe

North America is likely to hold the largest share in the global market owing to the increasing technological advancement in the aviation industry. The market in Europe is predicted to witness high growth during the forecast period owing to the upgradation of conventional aircraft systems. The growing investment in robust airports and services will influence healthy growth in Europe. The market in Asia Pacific is predicted to hold the lion’s share during the forecast period owing to the surge in aircraft deliveries. The booming aviation industry in India will have a positive impact on the market in the foreseeable future. The improvement in airport infrastructure and services will accelerate the aircraft line maintenance market growth in Asia Pacific. Nonetheless, the coronavirus crisis is likely to hamper the growth of the global market.

Key Development:

September 2019: FL Technics, a global provider of aircraft MRO services announced that it has stretched its EASA Part-145 approval to provide line maintenance services to Airbus A320neo family aircraft. The company also revealed that plans to offer services related to the A320neo family aircraft in the company’s line stations at Dubai, Vienna, Tbilisi, Riga and Kiev airports

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Air Traffic Management & Consulting Market Size Analysis, Growth, Share Investment Strategies and Competitive Insights To 2027 by Fortune Business Insights™

The global air traffic control market size is predicted to reach USD 9.45 billion by 2027, exhibiting a CAGR of 6.96% during the forecast period. The growing cybersecurity threats in air traffic management will impel the adoption of ATC systems, which in turn, will boost the market growth. The modernization of airline fleet in different parts around the world will spur opportunities for the market during the forecast period, states Fortune Business Insights in a report, titled “Air Traffic Control Market Size, Share and Industry Analysis, by Point of Sale (Hardware, Software, and Services), By Airspace (Air Route Traffic Control Centers (ARTCC), Terminal Radar Approach Control (TRACON), Air Traffic Control Tower (ATCT), and Remote Tower (RT)), By Application (Communication, Navigation, Surveillance, and Automation), By Airport Size (Small, Medium, and Large), and Regional Forecast, 2020- 2027” the market size stood at USD 8.90 billion in 2019

Market Driver:

Surge in Air Passenger Traffic to Promote ATC Employment

The development of cost-effective domestic flights by airlines to better serve the snowballing travelers will subsequently foster the growth of the market. The prospering aviation industry will create lucrative business openings for the market in the forthcoming years. The rising passenger preference for air travel will support the growth of the market. Moreover, the increasing government funding for robust air transportation in the emerging nations will contribute positively to the growth of the market. According to the International Air Transport Association, an additional 44% of air passenger traffic is expected to come from China and India in the next ten years. The upgradation of existing ATC equipment systems to advanced automatic ATC systems with an aim to enhance the overall efficacy of flight travels and diminish ground-based accidents. This factor is likely to aid the air traffic control market growth in the foreseeable future. In addition, the implementation of artificial intelligence (AI) to increase operational efficiency and productivity in ATC systems will further encourage the growth of the market.

Key Development:

April 2019: Thales Group announced the acquisition of Gemalto, a leader in international digital security services. The new development of the company will strengthen the digital identity and security of Thales Group besides, improving its position in the industry.

Browse Summary of This Research Report with Detailed Table of Content: https://www.fortunebusinessinsights.com/industry-reports/air-traffic-management-market-101813

List of the key companies operating in the Air Traffic Control Market are:

BAE Systems (The U.S.)

Cyrrus Limited (The U.K)

Indra Sistemas, S.A. (Japan)

Honeywell International Inc. (The U.S.)

L3Harris Technologies Inc. (The U.S.)

Raytheon Technologies (The U.S.)

Saab AB (Sweden)

Leonardo S.p.A (Italy)

Thales Group (France)

Westminister Group Plc. (The U.K)

Regional Analysis:

Presence of Well-known Companies to Augment Growth in North America

The market in North America stood at USD 3.15 billion in 2019 and is expected to remain dominant during the forecast period owing to the presence of major companies such as Raytheon Technologies, Honeywell International Inc., Northrop Grumman Corporation, and others. The increasing partnerships and acquisitions of key players can be another vital factor in boosting the market in North America. For instance, in April 2020, the merger between Raytheon Company and United Technologies Corporation to deliver advanced technologies to the airports and defense authorities. Europe is predicted to hold the largest share in the market during the forecast period due to the growing investment in the modernization of conventional ATC systems with technologically advanced real-time ATC systems. The escalating focus on smart and green airports will accelerate the market in Europe. Asia Pacific is predicted to grow rapidly during the forecast period owing to the rising air passenger traffic at domestic airports and international airports in countries such as India and China.

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Antenna Transducer and Radome Market Demand Analysis, Trends in 2021, Growth Status, Industry Share, Opportunities and Challenges to 2027

The global antenna, transducer and radome market size is likely to exhibit a CAGR of 10.2% between 2020 and 2027. This is ascribable to factors such as rising military budgets and total modernization of the military for the countries across the globe. Fortune Business Insights, publish this information in its latest report, titled “Antenna, Transducer and Radome (ATR) Market Size, Share and Covid-19 Impact Analysis, by Component (Antenna, Transducer, and Radome), By Technology (Radar, Communication and Sonar), By Application (Commercial, Defense, and Homeland Security), and Regional Forecast, 2020 – 2027.” The report observes that the market was worth USD 11.13 Billion in 2019 and is likely to reach USD 16.73 by 2027.

List of the Companies Proliferating in the Antenna, Transducer and Radome Market:

BAE Systems (The U.K.)

Cobham plc. (The U.K.)

General Dynamics Corporation (The U.S.)

Honeywell International Inc. (The U.S.)

L-3Harris Technologies Inc. (The U.S.)

Leonardo S.p.A (Italy)

Lockheed Martin Corporation (The U.S.)

Northrop Grumman Corporation (The U.S.)

Raytheon Company (The U.S.)

Thales Group (France)

Antenna and transducer transmit and receives radio signals across several frequencies. The radome is a solid structure that is weatherproof and is typically an enclosure to protect radar antennas. ATR are precise instruments that are extensively used for several commercial and defense purposes, such as for effective communication, manage air traffic control, weather monitoring, and surveillance. ATR technology is beneficial for several types of applications ranging from military communication to global space programs. Additionally, they act as bridges for communication among several countries.

Drivers and Restraints:

Increasing Military Budgets Worldwide to Drive the Market

According to a report by Stockholm International Peace Research Institute (SIPRI), overall global military expenditure has shot to $1,917 billion in 2019 that is a gradual increase of 3.6% from 2018. Additionally, the five largest spenders along with Saudi Arabia and Russia accounted for about 62% of the total expenditure. Furthermore, the United States registered the highest military spend which was a staggering $732 billion in 2019, a growth of over 5.3% from 2018, while holding nearly 38% of the total military spending. International threats and political tensions are propelling the countries to modernize their military with high-tech and advanced weaponry systems. The acute focus on strengthening their military prowess by the government agencies that include increased military budget will drive the market growth during the forecast period.

Browse Detailed Summary of Research Report with TOC:

https://www.fortunebusinessinsights.com/antenna-transducer-and-radome-atr-market-102955

Segmentation:

Adoption of Wide Range of Commercial and Military Application to Spur Demand for Antenna

The segment antenna (By Component Analysis) is likely to hold the highest market share owing to high adoption in several commercial and military purpose. Antennas are useful for enhancing communication, thereby, extensively adopted in military vehicles and jets to maintain strategic power. Moreover, rapid growth in air traffic is driving the demand for antennas that will aid the market growth.

Regional Analysis:

Presence of Major Manufacturers in North America to Stoke Demand

Among the regions, North America held the largest market of USD 4.68 billion in 2019 and is expected to gain major global antenna, transducer and radome market revenue in the forthcoming years. This is ascribable to factors such as high spending for modernization of military in the U.S. Furthermore, large presence of established manufacturers providing original equipment in the region will aid market growth. On the other hand, Asia-Pacific is likely to gain momentum during the forecast period. This is attributable to factors such as high demand for surveillance technology owing to increasing infiltration by the terrorists. Moreover, growing impetus on modernization of military to flex military muscle in countries such as China and India will bode well for the market growth between 2020 and 2027.

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Air Traffic Control Market Trends in 2021, Size, Share, Industry Growth Impact, Key Drivers and Forecast to 2027 | Fortune Business Insights™

The global air traffic control market share and size is predicted to reach USD 9.45 billion by 2027, exhibiting a CAGR of 6.96% during the forecast period. The growing cybersecurity threats in air traffic management will impel the adoption of ATC systems, which in turn, will boost the market growth. The modernization of airline fleet in different parts around the world will spur opportunities for the market during the forecast period, states Fortune Business Insights in a report, titled “Air Traffic Control Market Size, Share and Industry Analysis, by Point of Sale (Hardware, Software, and Services), By Airspace (Air Route Traffic Control Centers (ARTCC), Terminal Radar Approach Control (TRACON), Air Traffic Control Tower (ATCT), and Remote Tower (RT)), By Application (Communication, Navigation, Surveillance, and Automation), By Airport Size (Small, Medium, and Large), and Regional Forecast, 2020- 2027” the market size stood at USD 8.90 billion in 2019 What does the Market Report Offer?

The market report offers an exhaustive study of several factors such as drivers, restraints, challenges, and opportunities that will affect the growth of the market in the forthcoming years. The report covers regional demographics that include qualitative and quantitative information about the regions that are further divided into nations that are contributing to the growth of the market between 2019 and 2026. Furthermore, the competitive landscape has been discussed in-depth that include information of several players operating in the market. Moreover, information on the adoption of strategies such as merger and acquisition, collaboration, partnerships, and joint ventures by the companies that will drive the growth of the market has been included during the projected horizon.

List of the key companies operating in the Air Traffic Control Market are:

BAE Systems (The U.S.)

Cyrrus Limited (The U.K)

Indra Sistemas, S.A. (Japan)

Honeywell International Inc. (The U.S.)

L3Harris Technologies Inc. (The U.S.)

Raytheon Technologies (The U.S.)

Saab AB (Sweden)

Leonardo S.p.A (Italy)

Thales Group (France)

Westminister Group Plc. (The U.K)

Market Driver:

Surge in Air Passenger Traffic to Promote ATC Employment

The development of cost-effective domestic flights by airlines to better serve the snowballing travelers will subsequently foster the growth of the market. The prospering aviation industry will create lucrative business openings for the market in the forthcoming years. The rising passenger preference for air travel will support the growth of the market. Moreover, the increasing government funding for robust air transportation in the emerging nations will contribute positively to the growth of the market. According to the International Air Transport Association, an additional 44% of air passenger traffic is expected to come from China and India in the next ten years. The upgradation of existing ATC equipment systems to advanced automatic ATC systems with an aim to enhance the overall efficacy of flight travels and diminish ground-based accidents. This factor is likely to aid the air traffic control market growth in the foreseeable future. In addition, the implementation of artificial intelligence (AI) to increase operational efficiency and productivity in ATC systems will further encourage the growth of the market.

Browse Summary of This Research Report with Detailed Table of Content: https://www.fortunebusinessinsights.com/air-traffic-control-atc-market-102957

Regional Analysis:

Presence of Well-known Companies to Augment Growth in North America

The market in North America stood at USD 3.15 billion in 2019 and is expected to remain dominant during the forecast period owing to the presence of major companies such as Raytheon Technologies, Honeywell International Inc., Northrop Grumman Corporation, and others. The increasing partnerships and acquisitions of key players can be another vital factor in boosting the market in North America. For instance, in April 2020, the merger between Raytheon Company and United Technologies Corporation to deliver advanced technologies to the airports and defense authorities. Europe is predicted to hold the largest share in the market during the forecast period due to the growing investment in the modernization of conventional ATC systems with technologically advanced real-time ATC systems. The escalating focus on smart and green airports will accelerate the market in Europe. Asia Pacific is predicted to grow rapidly during the forecast period owing to the rising air passenger traffic at domestic airports and international airports in countries such as India and China.

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Aircraft Cabin Interior Market Growth Dynamics, 2021 Share Value, Size, Business Opportunities and Industry Forecast to 2027

The global aircraft cabin interior market size is predicted to reach USD 35.36 billion by 2027, exhibiting a CAGR of 11.8% during the forecast period. The following market is expected to decline significantly in 2020 due to the COVID-19 impact and hence the 2020-2027 CAGR is high. The aviation industry has incurred a revenue loss of around USD 27.06 billion this year. This, in turn, will negatively impact the growth of the market.

The increasing necessity to improve the overall passenger travel experience can be a vital factor in boosting the aircraft cabin interior market revenue in the forthcoming years. Moreover, the surge in commercial aircraft deliveries owing to the growing air traffic passengers in the developed as well as developing countries will create new opportunities for the aircraft cabin interior growth during the forecast period. In addition, the increasing focus of airlines towards improving passengers’ travel experience is expected to have a positive impact on this market share in the foreseeable future.

As per the report, published by Fortune Business Insights, titled “Aircraft Cabin Interior Market Size, Share and Covid-19 Impact Analysis, by Type (Seats, Cabin Lightening, In-Flight Entertainment & Connectivity, Windows and Windshields, Galley and Lavatory, and Others interior panels, storage bins), By Class (First Class, Business Class, Premium Economy Class, and Economy Class), By Aircraft Type (Narrow Body Aircraft, Wide Body Aircraft, Business Jets, and Regional Transport Aircraft), By End User (OEM and Aftermarket), and Region Forecast till 2027” the market size stood at USD 27.06 billion in 2019.

The market report focuses and elaborates the definition, types, applications and major players in detail. Deep analysis about market status, competition pattern, enterprise, advantages and disadvantages of enterprise products, industry development trends, regional industrial layout characteristics and macroeconomic policies, industrial policy has also been studied and provided within the synopsis. From raw materials to downstream buyers of this industry has been analyzed scientifically, the feature of product circulation and sales channel is presented as well. This report is aimed at helping companies, investors and potential shareholders along with venture capitalists establish a bird’s eye view prospect of industrial development and characteristics of the market. The report also benefits its readers by providing the unrivalled data in well-organized manner.

List of the Key Companies Operating in the Aircraft Cabin Interior Market are:

Astronics Corporation

Cobham PLC

Collins Aerospace (United Technologies Corporation)

Diehl Stiftung & Co. Kg

Global Eagle Entertainment Inc.

Gogo Inc.

Haeco Americas

Honeywell International Inc.

Browse Detailed Research Insights with Table of Content: https://www.fortunebusinessinsights.com/industry-reports/aircraft-cabin-interior-market-101814

Market Driver:

Rising Innovation in Aviation Industry to Influence Market Trajectory

One of the major aircraft cabin interior market trends involves the innovation in cabin design and technologies by OEMs. The growing emphasis on cabin storage technology along with hardware technologies such as Active Noise Control technology, seat automation, air filtration system, and development of new material and components for different aircraft cabin interior systems will bolster healthy growth of the market during the forecast period. Moreover, the introduction of IoT for cabin crew members in aircrafts will subsequently aid the expansion of the market in the forthcoming years. In addition, the rising development and innovation in aircrafts to enhance passengers experience by leading market players will favor market growth in the foreseeable future. For instance, in February 2019, The Germany based RECARO Aircraft Seating an independent division of RECARO Holding GmbH launched a new logistic hub in Schwäbisch Hall. This center is opened to ramp up the development of innovative aircraft seating components. The company invested USD 17.03 million for the opening of its new logistic center.

Regional Analysis

Increasing Passenger Air Traffic to Favor Growth in North America

North America generated a revenue of USD 9.08 billion in 2019 and is predicted to remain dominant during the forecast period. The growth in region is attributed to the surge in passengers and high demand for commercial aircrafts. Moreover, the presence of major advanced OEMs will aid the expansion of the market in North America. Europe is predicted to witness high growth rate in the forthcoming years owing to the owing the presence of major market players such as RECARO Holding GmbH, Thales Group, and Lufthansa Systems. Asia Pacific is predicted to rise rapidly due to the increasing commercial aircraft deliveries in as India and China.

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Military Personal Protective Equipment Market Size Analysis, Industry Share, Growth, Trends, Segmentation, and Regional Demand Forecast by 2027

The global military personal protective equipment market is set to gain impetus from the rising development of lightweight body armor by the defense forces of several countries. The U.S. Army, for instance, developed a new system called Torso and Extremity Protection (TEP) that consists of a blast pelvic protection system, a battle belt, a scalable vest, a modular, and a ballistic combat shirt. This information is given by Fortune Business Insights™ in a recently published report, titled, “Military Personal Protective Equipment (PPE) Market Size, Share and COVID-19 Impact Analysis, By Product Type (Advanced Combat Helmet, Life Safety Jacket, Protective Eyewear, Body Armor, Tactical Vest, and Pelvic Protection System), By Application (Ground, Airborne, and Naval), and Regional Forecast, 2020-2027.” The report further states that the global military personal protective equipment market size was USD 16.61 billion in 2019 and is projected to reach USD 25.63 billion by 2027, thereby exhibiting a CAGR of 6.02% during the forecast period.

Fortune Business Insights™ lists out the names of all the military personal protective equipment manufacturers operating in the market. They are as follows:

3M (The U.S.)

ArmorSource LLC (The U.S.)

BAE Systems (The U.K)

DuPont (The U.S.)

Eagle Industries (The U.S.)a

GENTEX CORPORATION (The U.S.)

Honeywell International Inc. (The U.S.)

KDH Defense Systems, Inc. (The U.S.)

MSA Safety Incorporated (The U.S.)

Point Blank Enterprises Inc. (The U.S.)

Revision Military (The U.S.)

Drivers & Restraints-

Urgent Need to Provide Better Safety to Soldiers will Accelerate Growth

The defense forces worldwide are looking forward to offering better standards of combat tactical advantage and safety to the soldiers. Coupled with this, the increasing security threats, such as political unrest, terrorist activities, and cross border conflicts, especially in the Asian countries would contribute to the military PPE market growth during the forthcoming years. Prominent companies present in the market are aiming to develop technologically advanced protective eyewear, combat helmets, and fireproof body armors. However, in 2019, it was observed that several countries lowered their defense budgets. In addition to this, the rising number of malfunction issues associated with these military PPE kits may obstruct the market growth.

Gain More Insights into the Military PPE Market Research Report:

https://www.fortunebusinessinsights.com/military-personal-protective-equipment-ppe-market-103131

Segment-

Airborne Segment to Grow Steadily Owing to High Demand for Helmets & Goggles

Based on application, the market is divided into naval, airborne, and ground. Out of these, the airborne segment held 28% in terms of military personal protective equipment market share in 2019. This growth is attributable to the increasing demand for innovative helmets and goggles. The ground segment is anticipated to dominate the market in the near future on account of the extensive utilization of military PPE from ground defense forces.  

Regional Analysis-

North America to Remain at the Forefront Fueled by High Defense Expenditure

Geographically, North America procured USD 4.89 billion revenue in 2019 and is expected to lead the market throughout the forecast period. The main growth driver is the high defense budget of the U.S. In 2019, the U.S. Department of Defense (DoD) spent USD 732 billion in the country’s defense forces. That was the highest expenditure worldwide. Also, the rising investments in research and development activities, upgradation of military forces, and the rising procurement of latest equipment by signing contracts are some of the other factors responsible for the growth of the market in this region.

Asia Pacific, on the other hand, is likely to grow remarkably backed by the rising terrorist attacks and cross-border conflicts. These factors would propel the countries, such as South Korea, Australia, China, and India to strengthen their military forces. Europe would exhibit considerable growth because of the increasing expansion of the military forces in the developed countries, such as Russia, the U.K., and Germany.

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Autonomous Aircraft Market Size Analysis, Growth, Share Investment Strategies and Competitive Insights To 2027 by Fortune Business Insights™

The global autonomous aircraft market size is projected to reach USD 16.23 billion by the end of 2027. The rising investments in the development of improved aircraft infrastructure will emerge in favor of market growth. According to a report published by Fortune Business Insights, titled “Autonomous Aircraft Market Size, Share & Industry Analysis, By Aircraft Type (Fixed-Wind and Rotary-Wing), By Component (Hardware and Software), By Technology (Increasingly Autonomous (IA) and Fully Autonomous), By Application (Commercial Aircraft, Air Medical Service, Passenger Air Vehicle, Cargo & Delivery Aircraft, Combat and ISR, Personal Air Vehicle, and Others), and Regional Forecasts, 2020-2027,” the market was worth USD 4.56 billion in 2019 and will exhibit a CAGR of 22.68% during the forecast period, 2020-2027. Autonomous aircraft are fully or partially automated vehicles where human intervention may or may not be a necessity. Technological integration has played a massive role in the development of autonomous aircraft. The use of concepts such as AI and IoT has allowed real-time operations. The massive investments in the integration of such real-time concepts as well as sensor-based modules will open up a huge potential for the growth of the overall autonomous aircraft market in the near future.

The presence of several autonomous aircraft vendors in several countries across the world will emerge in favor of market growth. The increasing emphasis on the use of AI-integrated concepts is attributable to the benefits offered by this concept including high precision, accuracy, and efficiency. The increasing use of autonomous vehicles in military and defense applications will create several opportunities for growth.

List of Leading Companies Profiled in the Autonomous Aircraft Market Research Report are:

AeroVironment, Inc. (The U.S.)

Airbus S.A.S. (the Netherlands)

BAE Systems (The U.K)

Boeing (The U.S.)

Elbit Systems (Israel)

Embraer (Brazil)

Lockheed Martin Corporation (The U.S.)

Northrop Grumman Corporation (The U.S.)

Raytheon Technologies (The U.S.)

Saab ABAB (Sweden)

Browse Summary of This Research Report with Detailed Table of Content: https://www.fortunebusinessinsights.com/autonomous-aircraft-market-103266

Increasing Number of Company Mergers and Acquisitions will Emerge in Favor of Market Growth

The report encompasses several factors that have affected the growth of the overall autonomous aircraft market in recent years. Among all factors, the increasing number of company mergers and acquisitions has made the highest impact on the growth of the overall market in recent years. In January 2016, AAI Corporation announced that it has bagged a contract from the US Army for the production of tactical data link retrofit. This contract is aimed at the full-rate production of the devices the ‘Shadow Tactical’ unarmed aircraft system. The contract is said to be worth an estimated USD 97.1 million. AAI Corporation’s constant efforts in innovations and highly efficient products seem to have paid off.  Through this contract, the company will look to establish a strong platform for future growth.

North America to Emerge Dominant; Increasing Investment in Product R&D to Aid Growth

The report analyses the latest market trends across five major regions, including North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa. Among all regions, the market in North America is projected to emerge dominant in the coming years. The rising investment in the research and development of efficient autonomous aircraft will emerge in favor of market growth.

Moreover, the presence of several large scale companies including Boeing Company, Lockheed Martin Corporation, and Northrop Grumman will contribute to the growth of the regional market. As of 2019, the market in North America was worth 1.72 billion and this value is projected to increase at a considerable pace in the coming years. The market in Europe will exhibit a significant CAGR in the coming years owing to rising demand from the military sector for surveillance operations. Additionally, the increasing investment in aircraft infrastructures will emerge in favor of market growth.a