Aerospace and Defense

Market Forecast Drone Logistics and Transportation Market Size is projected to reach USD 35.170 billion by 2030 at a CAGR of 56% from 2021 to 2030 Rising investments in the drone delivery market have significantly contributed to the growth of the drone logistics and transportation market. High competition owing to the presence of a large number of players in this market is forcing service providers to offer enhanced services. Furthermore, increasing collaborations between prominent logistics companies in the field of drone logistics and transportation are also expected to drive the growth of the market. For example,  in March 2019 , United Parcel Service of America, Inc. and Matternet collaborated to deliver medical samples via drones in the US. However, issues related to battery life and bandwidth and limited availability of trained and skilled personnel might hamper the growth of the market. Key Players FedEx (US), United Parcel Service of America, Inc. (US),DHL ...

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

  Market Overview : The Aircraft Insurance Market will obtain a value of USD 16.84 Billion and a CAGR of 2.78% between 2020-2030 . The thriving aviation industry and increased number of airports worldwide are driving the market's growth. The number of people choosing to fly has significantly increased in recent years. Increasing air passenger traffic and enacting more laws and regulations about passenger safety are two additional factors driving market expansion. To meet this growing demand, emerging and developing nations are expanding and modernizing their existing airport terminals and constructing new ones. A further factor contributing to market rise is the emergence of "smart airports," which use various forms of intelligent automation, including automated baggage handling systems and self-check-in kiosks. Aerospace product liabilities are predicted to expand, driving the need for insurance services as group handling, and aircraft refueling becomes more and m...

  Market Overview Defence Cybersecurity Market is projected to grow USD 28.53 Billion at a CAGR 10.51% by 2020-2030 The most common threat faced all over the globe is cybercrime. The threat is mainly implemented through the internet and is intended to damage or destroy the information systems and attempts to hack critical information by using various modes such as spyware, phishing, or malware. There is a rise in cyber-crimes due to financial gain, political rivalry, foreign competition, defence rivalry, or religious interest. The development in information technology has seen many changes. As technology is improvising, there is an increase in cyber threats also. Therefore, these cyber threats have become a priority of the defence and must be resolved whenever the problem arises. Free Sample Report @ https://www.marketresearchfuture.com/sample_request/8780 This is where the importance of the implementation of cybersecurity is known. Whenever the existing equipment with th...

Market Overview: Augmented Reality and Virtual Reality (AR/VR) in Aviation Market Size is expected to reach USD 77 Million by 2030, registering a CAGR of 61.1% during 2020-2030. The increasing need for head-mounted displays (HMDs) in gaming and entertainment, the adoption by firms of virtual reality for marketing campaigns, the increasing need for augmented reality and virtual reality in the automobile and e-commerce sectors contribute to the need for augmented reality technology in the healthcare sector and the investment and funding by major market players. The growing penetration across industries such as consumer electronics, automobiles, and retail of advanced technology is responsible for driving the development of the demand for augmented reality. In addition, growing mobile device usage across the world is driving consumer growth, as it seems to be the most convenient type of augmented reality. The COVID-19 pandemic has spread across the globe and has had both a positive...

  Market Overview Low-Cost Carrier (LCC) Market is projected to grow USD 419.723 billion at a CAGR 16.31% by during the forecast period 2020-2030. The rising number of air travellers worldwide is predicted to drive the global Low-Cost Carrier (LCC) Market growth during the forecast period. Moreover, the rising global travel and tourism industry is contributing to the global market growth. However, the global Low-Cost Carrier (LCC) Market might get affected because of the low profitability, volatile crude oil price, and high operational cost. Additionally, the current market might face challenges due to the high competition, significant risks, and high start-up costs. Key Players: EasyJet Airline Company Limited (UK), AirAsiaBerhad (Malaysia), JetBlue Airways Corporation (US), IndiGo (India), Ryanair DAC (Ireland), Norwegian Air Shuttle ASA (Norway), SpiceJet Limited (India), Southwest Airlines Co (US), WestJet Airlines Ltd (Canada), Spirit Airlines Inc(US). Market Segmen...

Market Overview Helicopter MRO Market is projected to grow USD 12.34 Billion at a CAGR 4.55% by during the forecast period. The growing amount of helicopter deliveries and demand for helicopters in developing countries are driving the growth of the global helicopter MRO market . Increased use of commercial helicopters and expansion in the outsourcing of MRO services are poised to fuel industry growth. The rising global demand for civil helicopters is the key factor driving the development of the MRO industry for civil helicopters. Many of this demand can be due to factors such as the rise of offshore activity, expanded use by law enforcement authorities, search and rescue activities, and medical emergency evacuation. This rise in demand for civil helicopters will foster the need for MRO services, which in turn will foster growth opportunities in the global market for MRO civil helicopter services over the projected period. During the forecast era, the increased use of composites ...

  Market Overview: Aircraft De-Icing Market Size is expected to reach USD 1.29 Billion by 2030, registering a CAGR of 5.17% during 2020-2030. Market Research Future (MRFR) anticipates decent growth prospects for the aircraft de-icing market 2022 as it is ready to procure a CAGR of 5.17% over the review period (between 2020 and 2030). We will provide COVID-19 impact analysis with the report, along with all the extensive key developments in the market post the coronavirus disease outbreak. The process that involves getting rid of frost, snow or ice from the aircraft’s surface is known as aircraft de-icing. Some of the most commonly used ice protection systems for aircraft include pneumatic boot systems and fluid freeze point depressant. Several types of techniques are available for de-icing systems; with the most preferred one being the use of FPD fluids that facilitate the de-icing process and offer a protective film to prevent the formation of ice or snow on the surface of the ...