Aerospace and Defense

  Market Overview: The big data analytics in aerospace & defense market is anticipated grow at 4.6% CAGR during the forecast period. Big data analytics refers to the analysis of large volumes of structured and unstructured data to derive actionable information. Data helps provide a better experience, making the aerospace & defense customer part of the value chain by understanding what they want. Aerospace & defense organizations, including militaries and air transport service providers, are using data analytics for predictive maintenance, vehicle and performance tracking, weather forecasting, route planning, and to increase reliability, improve arrival times (on-time percentages), streamline and automate processes, increase efficiencies, and save money. Big data analytics in the aerospace & defence market development helps the aviation and guard industry improve assets and business measures while advancing new business openings. The aeronautic business trade ...

  Market Highlights: Toy Drones industry Size is estimated to reach USD 4.62 Billion by 2030, registering a CAGR of 12.98% during 2020-2030. The toy drone market can earn decent value in the assessment period. Notable companies are focused on building toy drones for consumer applications due to rise in their demand. Toy drones are extensively used for videography and recreational photography, fishing, and hunting and wildlife monitoring can favour expansion of the market soon. The emergence of next-generation consumer drones having racing and sports application can support expansion of the market soon. The rise in drone adoption can accelerate the market upsurge. The rise in number of drone-related service providers can support expansion of the market. The increase in demand for first-person view (FPV) compatible drones can favour market rise. However, stringent government regulations can hamper the toy drones market growth expansion. Key Players: EHang (China), Lockhee...

  Aircraft Interface Device Market Industry Trends Growth Revenue, Data Demands, Trend, Size By 2030 Market Forecast: Aircraft interface device market Size Valued at USD 369.43 Million, market Grow at a CAGR Of 12.02% by 2020 -2030. The global aircraft interface device market CAGR has been segmented based on aircraft type, connectivity, end-user, fit and region. Based on connectivity, the aircraft interface device is divided into wired and wireless. The wireless aircraft interface device segment is estimated to witness the highest CAGR as these devices are portable and are more preferred over wired devices. Installing and setting up is also comparatively simpler. Furthermore, wireless devices also eliminate aspects such as monitoring wire defects and loose interconnections. Based on end-user, the aircraft interface device market industry is divided into civil and military. The civil segment is estimated to account for the largest market share and is projected to witness a ...

  Market Overview: Counter UAS industry size is expected to reach $4.67 billion by the end of 2030, with a CAGR of 25%. The mechanism of the same works with the help of a drone attached to the military-graded hardware. The defence mechanism of the drone works according to the secured parameters present inside the body of the sensors and hence detects any unusual activities. This unit is defined as the Orion and mitigates all the information to the monitored area. Also, in the case of an emergency, Orion can easily use its patented protocols and eliminate any chances of threats. Major factors are driving the Counter UAS industry dynamics. The enhanced awareness of the countries regarding their national defence security has driven the market into producing more flying systems. Recreational and professional purposes have put a considerable threat on commercial establishments, and hence it has driven the market dynamics for enhanced security purposes. With the advancements in te...

  Market Overview: Infantry Fighting Vehicle industry is expected to reach USD 11.5 Billion by 2030, registering a CAGR of 5.7% during 2020-2030. Despite the huge economic impact of the COVID-19 epidemic, the market for armoured fighting vehicles remained unaffected, with procurement programmes on schedule and armoured vehicle sales and revenues slowly increasing for manufacturers. Throughout military missions and operations, the defence department requires a variety of vehicles, military equipment, and other resources. The increased demand for military-related commodities in the defence sector strengthens the many marketing sectors that give services to the military authorities. Rising geopolitical tensions with border disputes between nations in Europe, Asia-Pacific, the Middle East, plus Africa are driving demand for new armoured vehicles to improve ground forces' fighting capabilities for Infantry fighting vehicle market growth .   Key Players: The Key Player...

  Market Overview: The helicopter lighting industry is estimated to register a CAGR of more than 3% during the forecast period by 2027. The main source of lighting for rotary-wing aircraft is the lighting system of the helicopter. It accomplishes two key goals. The internal lighting illuminates the instruments, equipment, and cabins at night while the exterior lighting provides illumination for navigation, signalling, landing, search and rescue, and anti-collision. Additionally, there is a HEELS (helicopter emergency egress lighting system) within the cabin, which facilitates evacuation in an emergency. Most of the external illumination is required for safe operation in helicopters by a number of organisations, including the FAA. Meanwhile, the military helicopter lighting markets development is somewhat constrained by reductions in defence spending, particularly in industrialised nations. However, the industry has bright prospects for expansion due to the growing usage o...

  Market Overview: Military Helmet Market Size was valued at USD 2.1 billion in 2022. The Military Helmet market is projected to grow from USD 2.236 Billion in 2023 to USD 3.2633 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 6.50% during the forecast period (2023 - 2030). With the increasing extremist and border security threats, there is a large focus on providing the soldiers with adequate support, so as to reduce the number of casualties. To render assistance and protection to the armed troops, military helmet systems are developed and deployed to the soldiers. As a result, the defense authorities around the globe are focusing more on the development and deployment of such systems, thereby lending adequate support to the military missions. Moreover, with the growing demand for lightweight helmet systems, in the recent years, it becomes a significant opportunity for the market players to develop similar products and establish their presence in the emer...

  Market Overview: VHF Air Ground Communication Stations Industry Size is estimated to reach USD 5.699 Billion by 2030, registering a CAGR of 15.46% during 2020-2030. This can be credited to the mushrooming of various airports built to handle mass volume of air passenger traffic. The trend of wireless communication made popular in the telecommunication industry has found application in communication avionics. This can bridge any gaps between air traffic controllers and pilots. Ensuring the safety and efficiency of flights is likely to bolster the demand of the vhf air ground communication stations market CAGR . Technological developments encouraged by government federal agencies and breakthroughs by component manufacturers can bode well for the market growth. This can be useful in the back of rapid urbanization which can culminate in a mass inflow of passengers. Moreover, airlines expanding their fleet numbers to handle passenger volumes is likely to lead to rapid integrati...