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Showing posts from March, 2023

Gallium Nitride Device Market Size, Share, Analysis, and Industry Trends By Forecast Period

The global   gallium nitride (Gan) device market share   is set to gain impetus from the high demand for fast chargers worldwide. This information is given by   Fortune Business Insights™   in a new study, titled, “ Gallium Nitride Device Market Size, Share & Industry Analysis, By Device Type (Opto-Semiconductor Device, Power Semiconductor Device, and RF Semiconductor Device), By Wafer Size (2-Inch Wafer, 4-Inch Wafer, and 6-Inch and Above Wafer), By Component (Transistor, Diode, Rectifier, Power IC, and Other), By Application (Light Detection & Ranging, Wireless and EV Charging, Radar and Satellite Radio Frequency, and Others), By End User (Aerospace, Defense, Healthcare, Renewables, Information and Communication Technology, and Others) and Regional Forecast, 2020-2027 .” The study further mentions that the GaN device market size was   USD 20.56 billion   in 2019 and is projected to reach   USD 28.40 billion   by 2027, exhibiting a C...

Marine Battery Market Latest Innovations, Share and Industry Key Players By Forecast Period

The global   marine battery market  size   was   USD  583.4 million   in   2020 . The market is expected to grow from   USD 676.2 million   in   2021   to   USD 2,055.8 million   by   2028 , exhibiting a   CAGR   of   17.05%   during the forecast period. The rising focus on developing low emission solutions and increasing development of alternative energy resources is expected to propel market growth.   Fortune Business Insights ™  presents this information in its report titled “ Marine Battery Market, 2021-2028. ” Marine battery is used extensively in marine applications to power the vehicle and lower emissions. The rising focus on developing low emission solutions and rising development of alternative energy resources are expected to boost the adoption of marine batteries globally. Rising emissions globally lead to the adoption of alternative resources that lower pollution. Furthermore,...

Unmanned Ground Vehicles Market Size, Demand and Industry Analysis

The global  unmanned ground vehicles market size  is projected to reach USD 7,452.2 million by the end of 2028. Applications in defense sector have caught the eye of several investors from across the world. According to a report published by Fortune Business Insights, titled “ Unmanned Ground Vehicles Market Size, Share and Industry Analysis, By Mobility (Wheeled, Tracked, Hybrid, and Legged), By Size (Small, Medium, Large, Very Large, and Extremely Large), By Mode of Operation (Tethered, Teleoperated, and Autonomous), By System (Payload, Controller System, Navigation System, Power System, and Others), By Application (Military, Commercial, Law Enforcement, and Federal Law Enforcement) and Regional Forecast, 2021-2028 , ” the market was worth USD 2,570.2 million in 2018 and will exhibit a CAGR of 14.95% during the forecast period, 2021-2028. FLIR Systems Received a $152 Million Contract from the US Army Manufacturing of 350 UGVs The report encompasses several factors that have ...

Airport Robots Market to Rise at an Impressive CAGR of 8.8% By Forecast

The   airport robots market  demand   is predicted to reach USD 876.3 million by 2028 and exhibit a CAGR of 8.8% during the forecast period.   Fortune Business Insights TM   has presented this information in its report titled,   “Airport Robots Market, 2021-2028”.  The need for autonomous robots for passenger services and security applications has driven the industry across the world. These robots aid airport personnel in interacting with travelers and offering assistance. In addition, airport authorities in developed and developing regions are testing the use of robots to provide information, direction, and entertainment to travelers. The market size stood at USD 460.0 million in 2020 and USD 486.0 million in 2021. Segments- On the basis of type, the market is segmented into non-humanoid and humanoid. By application, the market is fragmented into landslide/valet parking and terminal, which is further segmented into airport security & cle...

Optical Communication Systems and Networking Market to Witness Notable Growth by Forecast Period

The   optical communication systems and networking market size   is predicted to reach USD 32.94 billion by 2029 and exhibit a CAGR of 7.09% during the forecast period. The global market size stood at USD 19.26 billion in 2021 and USD 20.39 billion in 2022.   Fortune Business Insights TM   has presented this information in its report titled,   “Optical Communication Systems and Networking, 2022-2029”.  Optical communication systems and networking are communication systems that convey information between two or more sites using light signals rather than electronic signals. Computers in offices, huge cities, or even nations in the global telecommunications system could be the points. Optical networking systems, which include optical fiber, optical amplifiers, lasers, switches, routers, and other related technologies, are used in modern communication. It operates by converting an electrical signal received from a network node into light pulses, which are then ...

Voice Communication Control System Market Size, Share, Growth By Forecast Period

The   voice communication control system market size   was   USD 3.06 billion  in 2021. The market is projected to grow from   USD 3.20 billion   in 2022 to   USD 4.95 billion   in 2029 at a CAGR of   6.46%   during the 2021-2028 period. This vital information is presented by   Fortune Business Insights™ , in its report, titled,   “Voice Communication Control System   Market , 2022-2029.”  Factors such as widening applications, including vessel traffic control, coast guard, and strategic emergency services will increase the footprint of the market during the forecast period. Additionally, shifting preference from analog to digital VoIP will boost the growth of the market. Segments Based on solution, the market is divided into hardware, software, and services. By platform, the market is broken down into air, ground, and maritime. With respect to application, the market is segmented into air traffic control, vessel...

Narcotics Scanner Market Size, Share, & Industry Analysis

The global   narcotics scanner market  size   is projected to exhibit excellent growth prospects on account of the increasing menace of drug trafficking worldwide, observes   Fortune Business Insights™  in its report, titled “ Narcotics Scanner Market, 2021-2028 ”. Drug and substance abuse is a deeply rooted socio-economic issue that most countries are being forced to grapple with. According to the World Drug Report 2020 by the UN Office on Drugs and Crime (UNODC), approximately 269 million people around the globe used drugs in 2018, up 30% from 2009, and more than 35 million people suffer from drug-use-related disorders and conditions. One of the major reasons for this growing hazard of drugs is the extensive smuggling of contraband substances across borders, especially in the US, Europe, and South & Southeast Asia. Narcotics scanners have proven to be instrumental in curbing the rampant illegal transport of drugs and other health-deteriorating ingredients ...

Marine Seats Market by Emerging Trends, and Industry Share 2030

The global  marine seats market  size was  USD 528.3 million  in 2020. The market is projected to grow from  USD 545.6 million  in 2021 to  USD 683.4 million  by 2028 at a CAGR of  3.27%  in the 2021 to 2028 period. This information is published by  Fortune Business Insights™ , in its report, titled, “ Marine Seats Market, 2021-2028 .” According to our researchers, the surging demand for recreational activities and vacation traveling is anticipated to fuel the marine seats market growth. Get Sample PDF Brochure: https://www.fortunebusinessinsights.com/marine-seats-market-106551 Report Coverage The report presents a methodical analysis of the market and a profound review of the prime segments of the market. It delivers an exhaustive examination of prime players and their perceptive strategies to thrust the market growth for fiscal gains. It also shares tangible insights that guide entrepreneurs with their investment standpoints. The ...

Small Drone Market Latest Innovations, Industry Drivers and Key Players by forecast | 2030

The   Small Drone Market   size is expected to reach USD 46.68 billion, exhibiting a CAGR of 22.86% during the forecast period. The growing integration of innovative technologies in drones such as artificial intelligence will have an excellent impact on the small drone market growth during the forecast period, states   Fortune Business Insights   in a report titled “ Small Drone Market, 2021-2028.”  The market size stood at USD 9.31 billion in 2020 and USD 11.46 billion in 2021. Informational Source: https://www.fortunebusinessinsights.com/small-drones-market-102227 Market Segments : Based on type, the market is divided into fixed-wing, hybrid-wing, and rotary-wing. The rotary-wing segment accounted for the highest share during the forecast period. The dominance is due to excellent aerial operations, easy vertical takeoff and landing, and high aerial photography efficiency. The market is segmented into less than 5 Kg, 5-25 Kg, and above 25-150 Kg based on Maximu...

Electronic Flight Bag Market Opportunities, Size, Share, & Current Trends | 2030

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This information is published by Fortune Business Insights in its report, titled   “ Electronic Flight Bag Market , 2021-2028.”  An EFB is used to store and retrieve essential documents such as weather information, operating manuals, route information, and other information during flight operations. This report includes new product developments, contracts, partnerships, agreements, acquisitions, and research & development (R&D) activities further to expand their presence in the market. The global electronic flight bag market size is expected to gain traction by reaching USD 5.86 billion by 2028. This is owing to the increasing focus on the adoption of integrated & smart product solutions. The report further mentions that the market stood at USD 2.02 billion in 2020 and is projected to exhibit a CAGR of 10.57% between 2021 and 2028.  Information Source: https://www.fortunebusinessinsights.com/electronic-flight-bag-market-103689 List of the Companies Operating i...

Aircraft Health Monitoring System Market Latest Innovations, Industry Drivers and Key Players by forecast | 2030

The global   aircraft health monitoring system market   size is projected to reach USD 4,987.9 million by 2027, exhibiting a CAGR of 11.56% during the forecast period. The value of the market stood at USD 4,202.4 million in 2019, according to Fortune Business Insights™ in its report, titled “Aircraft Health Monitoring System Market, 2020-2027”.  The demand for air travel has plummeted due to the imposition of travel bans, weakened tourist activities, and social distancing. As a result, in 2020, the market declined by a staggering -44.8% and reached a value of USD 2,319.7 million. Information Source: https://www.fortunebusinessinsights.com/aircraft-health-monitoring-system-market-105027 Boeing Signs Multiple Aircraft Deals at the Paris Airshow In June 2019, Boeing, through its fast-growing Boeing Global unit, signed a series of worth more than USD 100 million at the Paris Airshow. Among the various contracts inked by Boeing was an aircraft health monitoring system (AHMS) a...

Directed Energy Weapons Market By Industry Segmentation, Size, and Forecast Market Share | 2030

The global  directed energy weapons market   size is anticipated to witness exponential growth in the forthcoming years. The directed energy weapon (DEW) system utilizes directed energy like laser, particle beams, high-power microwaves, etc., to damage or destroys enemy equipment, personnel, and facilities.  Fortune Business Insights™  has presented this information in an upcoming report titled,  “Directed Energy Weapons Market, 2021-2028”. According to the report, the DEW market is gaining traction in the global market due to several reasons. For instance, the DEW is more capable and advantageous than the traditional weapons. The DEW offers better precision, swift delivery, modulated effects, and logistical benefits. These traits are expected to augment the directed energy weapons market growth. COVID-19 Impact- The global health crisis has contracted the growth of several industries and markets. The economies which were flourishing are now facing an unpreceden...