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Showing posts from December, 2022

Integrated Marine Automation System Market Size Overview & Analytics

  Market Overview: Integrated Marine Automation System Market Size is projected to grow USD 4.44 Billion at a CAGR 2.1% by during the forecast period. The need to secure operational efficiency and decrease training expenses is estimated to foster growth in the Market. The aerospace & defense reports are made by Market Research Future, which includes market options for expansion. The intensive implementation of novel technologies such as AI is estimated to enhance the share in the impending period. The boost in maritime tourism industry is estimated to further enhance the Integrated Marine Automation System Market Size companies’ development in the forecast period. Key Players: The exceptional organization of market tactics is appraised to stimulate customer opinions in the correct viewpoint and bring about the buying of the many products and services being sold. The delivery of bottled-up demand and slackening of lockdown restraints are estimated to further spur the ...

Aviation Blockchain Industry Worth USD Billions Globally, At 21.8% CAGR

  Market Overview: Aviation Blockchain Industry is Projected to grow USD 16.861 Billion at a CAGR 21.8 % by during the forecast period 2020-2030. Aviation blockchain is an unchallengeable and shared ledger that is utilized to track tangible and intangible assets, record transactions, and build trust required by aircraft passengers and businesses related to aviation. The tangible assets include airport infrastructure, maintenance, repair, and operations-related infrastructure and aeroplanes, while intangible assets include information. The usage of aviation blockchain technology provides efficiency in optimum operations, aerospace transactions, and maintenance of transparency of the aviation industry. Normally, suitable applications related to the aviation blockchain are found in airlines, MRO organizations, airports, and lessors. The discernability and straightforwardness have resulted in driving the Aviation Blockchain Industry.   Key Players: Aeron Labs (Canada)...

Supersonic Jet Industry Business Development, Future Growth – Key Players

  Market Overview: The Supersonic Jet industry is projected to register a CAGR of 12.82 % between 2020 and 2035. Supersonic jets are the kinds of aircraft that are powered by jet engines and have the ability to travel at speeds faster than the speed of sound. With advancements in aircraft technology, the global air travel industry is looking for solutions to reduce the overall air travel time, and supersonic jets offer the potential to meet these demands. Rising air traffic, technological advancements in aircraft development, and the evolution of lightweight aerodynamics and composite aircraft are primarily driving the market's growth. Additionally, increasing expenditure in the research towards the technology involved in supersonic jets is driving the market's growth. Moreover, the technologies associated with the development of modern aircraft have constantly been evolving. Artificial Intelligence (AI), geotargeting, automation, 3D printing, Internet of Things (IoT),...

Dependent Surveillance-Broadcast Market To Be Seen Huge Growth For New Normal

  Market Overview: Dependent Surveillance-Broadcast market expected to grow USD 27.86 Billion at a CAGR 20.61% by during the forecast period. The transformation of air traffic management setup is projected to gain significant traction in the coming years, and this will spur the market. The aerospace and defense industry reports are formed by Market Research Future, emphasizing market prospects for evolution. The spike in volume of UAVs in airspace worldwide due to their relatively lower cost level is predicted to spur the automatic dependent surveillance-broadcast industry in the approaching period. The multiplying airspace congestion levels are foreseen to have a notable effect on the development of the market. Key players: The notable companies in the Dependent Surveillance-Broadcast market are Trig Avionics Ltd. (U.K.), Honeywell International, Inc. (U.S.), Avidyne Corporation (U.S.), L3Harris Technologies, Inc. (U.S.), FreeFlight Systems (U.S.), Esterline Technologi...

Quantum Computing in Aerospace Industry Forecast To 2030

  Market Insight Quantum Computing in Aerospace Industry Size is expected to reach USD 7.267 billion by 2030, registering a CAGR of 16.2% during 2020-2030. 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. Quantum computing offers multiple benefits compared to traditional computing, including the ability to synchronizing platforms in terms of weapons systems, providing the army with an edge. Quantum computers are able to process large amounts of information, enabling the military to come up with war-based strategies as well as effective communication networks to optimize defense operations. Quantum computing in aerospace and defense industry is all set to gain considerable grounds in the following years, in view of the rapidly expanding application scope across defense and aerospace sectors. Lately, artificial intelligence (AI) has picked up a lot of traction in the mil...

Airline IoT Industry, Upcoming Trends And Forecast To 2030

Market overview: Airline IoT Industry Size is expected to reach USD 593 Million by 2030, registering a CAGR of 21.8% during 2020-2030. The global Airline IoT Industry has been segmented based on application, component, and region. The Airline IoT Industry is divided into fleet management, passenger experience enhancement, and other processes. The fleet management segment is further segmented as engine performance optimization, predictive maintenance & vehicle diagnostics, and fuel management & energy savings, whereas, the passenger experience enhancement segment is further segmented as in-flight entertainment and connectivity solutions, hyper personalization, and track & trace. The fleet management segment accounted for the largest market size while the passenger experience enhancement segment is expected to witness the highest CAGR during the forecast period. IoT can help enhance passenger experience in numerous ways. For example, passengers can be provided VR heads...

Small Arms Industry is Expected to Expand at a CAGR 4%

  Market overview: Small Arms industry Size is estimated to reach USD 8.6 Billion by 2030, registering a CAGR of 4% during 2020-2030. The global Small Arms industry has been segmented based on type, barrel, operation, end-user, and region. The Small Arms Market is divided into handguns, shotguns, machine guns, and rifles & others. The handguns segment is further divided into pistols and revolvers. The rifles segment is estimated to account for the largest market share and is projected to witness the highest CAGR during the forecast period owing to the increasing civilian procurement of rifles for hunting and sporting activities. Furthermore, sniper and assault rifles are widely being procured by military and law enforcement agencies, for combat against terrorism, armed violence, and disrupting other criminal activities. Key Players The key players in the global Small Arms industry are Accuracy International Ltd. (UK), American Outdoor Brands Corporation (US), Beretta...

IoT in Aviation Market to Grow at High CAGR

Market overview: IoT in Aviation Market Size is estimated to reach USD 251.3 Billion by 2030, registering a CAGR of 16.34% during 2020-2030 The Internet of things (IoT) is a computing concept that enables users to use and control physical objects  by connecting them to the  internet.  Today IoT is an important and integral part of the aviation industry because the aviation industry always strives to provide a superior traveling experience at the lowest fares. Increase in passenger traffic, subsequent demand for new aircraft, and rising investment in the agile and smart airport concept drive the market growth.   Analysing the market structure, this report offers insights about factors affecting the market growth. Estimating the market size and forecasting the revenue, this report covers and observes the competitive developments of market players that include joint ventures, mergers and acquisitions, new product developments, research and developments (R&D...