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Showing posts from December, 2023

Future Outlook of the Microwave Devices Market By Forecast

  The global   microwave devices market   size is expected to showcase considerable growth by reaching USD 9.00 billion by 2027 while exhibiting a CAGR of 5.45% between 2020 and 2027. Fortune Business Insights published this information in its latest report, titled, “Microwave Devices Market, 2020-2027”. The report further mentions that the market stood at USD 6.12 billion in 2019 and is projected to experience exponential growth during the forecast period. This is attributable to the increasing demand for advanced communication services and the increasing focus on launching advanced communication satellites that will favor the adoption of microwave devices globally. For instance, on 26 th   March 2020, the U.S. Space Force announced the launch of Alliance Atlas 5 rocket carrying worth USD 1.20 billion military communication satellites. List of the Companies Profiled in the Global Market: Analog Devices Inc. (The U.S.) Communications & Power Industries LLC (...

Future Outlook of the Satellite Communication Market 2030

 The global  satellite communication (SATCOM) market size  was valued at USD 27.56 billion in 2021 and is projected to grow from USD 29.98 billion in 2022 to USD 56.74 billion by 2029, exhibiting a CAGR of 9.54 % during the forecast period.  Satellite communication is described as the use of electromagnetic waves as a carrier signal to communicate between two earth stations via a satellite. It serves as a conduit for information between the earth and space. It refers to sending signals through satellite in the form of a beam of modulated waves between the sender and receiver antenna. It has a wide range of uses in radio transmission, the internet, voice communication, and weather monitoring. According to  Fortune Business Insights Data flow between machine control and production was previously dependent on terrestrial GSM systems, which is currently being replaced with satellite connectivity. In the aviation industry, satellite technology has proven to be an ess...

Market Share Analysis of the Air Traffic Management Market

  The global   air traffic management and consulting market   size is anticipated to reach USD 16.11 billion by 2028 from USD 11.50 billion in 2021 exhibiting a CAGR of 4.93% during the forecast period. The worldwide rising air traffic is anticipated to drive the demand for advanced ATM solutions and foster market growth.   Fortune Business Insights TM has published this information in its report titled   “Air Traffic Management and Consulting Market, 2023-2028”.   The market size stood at USD 11.30 billion in 2020. The growing adoption of artificial intelligence in air traffic control remote towers for enhancing aircraft operation is anticipated to be a key trend driving the global market growth in the forthcoming years. Browse Complete Report Summary: https://www.fortunebusinessinsights.com/industry-reports/air-traffic-management-market-101813   List of Key Players in the Global Market: Thales Group (France) Raytheon Technologies Corporation (U.S.) I...

Agriculture Drones Market: Emerging Trends By 2030

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  The global agriculture drone market size was valued at USD 4.17 billion in 2022 and is   anticipated   to grow from USD 4.98 billion in 2023 to USD 18.22 billion by 2030, with a CAGR of 20.3% during the forecast period. Browse In-depth Summary of This Research Insight: https://www.fortunebusinessinsights.com/agriculture-drones-market-102589 Market Driver Skyrocketing Demand for Food Worldwide to Propel the Market The most critical factor driving the agriculture drone market growth is the expected levels of demand for food and grains worldwide in the next few decades. According to the UN, by 2050, world population will reach 9.1 billion, with sub-Saharan Africa’s population projected to grow the fastest. To meet the food requirements of this surging number of people, the Food and Agriculture Organization (FAO) estimates that the overall food production will need to rise by 70% and production in developing countries will need to double from the current levels. Agriculture...

Narcotics Scanner Market: Impact of Border Security and Transportation Sectors

  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, 2023-2028 ”.  The global narcotics scanner market size was USD 6.20 billion in 2020. The market is projected to grow from USD 6.32 billion in 2021 to USD 9.92 billion in 2028 at a CAGR of 6.64% in the 2023-2028 period.  Information Source- https://www.fortunebusinessinsights.com/narcotics-scanner-market-104053 Competitive Landscape Introduction of Advanced Screeners to Boost the Narcotics Scanner Market Growth Leading developers of narcotics scanners are focusing on launching advanced and sophisticated screening devices to support drug control operations of law enforcement agencies. These companies are also making targeted investments towards expanding their global market footprint by introducing next-g...

Software Defined Radio Market: Regional Analysis and Market Segmentation

  The global   software defined radios market   size is prophesied to witness remarkable growth owing to the increasing expenditure on improving the defense communication system of various nations across the globe. Fortune Business Insights describes the market and its growth parameters in details in their upcoming report titled, “ Software Defined Radios Market Size and Regional Forecast, 2023-2028.” The global Software Defined Radios market size was USD 12.45 billion in 2020 and is projected to grow from USD 11.60 billion in 2021 to USD 16.20 billion in 2028 at a CAGR of 5.3% in the 2023-2028 period. Browse In-depth Summary of This Research Insight: https://www.fortunebusinessinsights.com/software-defined-radios-market-102524   List of Companies Profiled in the Report:  BAE Systems (The U.K.) Aselsan (Turkey) Elbit Systems (Israel) General Dynamics (the U.S.) Northrop Grumman (The U.S.) Harris Corporation (The U.S.) Rockwell Collins (The U.S.) Thales Group (Fr...

Aircraft Landing Gear Market Analysis of Size, Demand, Key Players, and Future Forecast till 2030

  The global   aircraft landing gear market size   is projected to reach USD 18.66 billion by 2028, exhibiting a CAGR of 7.09% during the forecast period. Rapid development in air transport dynamics is set to emerge as the key factor driving the growth of this market, as per the new Fortune Business Insights™ report, titled “Aircraft Landing Gear Market Size, Share and Industry Analysis by Type (Nose Landing Gear and Main Landing Gear), By Platform (Fixed-Wing and Rotary-Wing), By Arrangement Type (Tail Wheel, Tandem, and Tri-cycle), By Component (Retraction system, Breaks and Wheels, Steering, and Others), By End User (OEM and Aftermarket), and Regional Forecast, 2023-2028”. List of Top Players Covered in the Report: AAR Alaris Aerospace CIRCOR International, Inc. GKN Aerospace Services Ltd. Hawker Pacific Aerospace Héroux-Devtek Inc. Liebherr-International AG Magellan Aerospace Corporation Safran SA SPP Canada Aircraft, Inc. Triumph Group, Inc. UTC Aerospace Systems Inf...

Future Outlook of the Unmanned Surface Vehicle Market

  The global   Unmanned Surface Vehicle Market   size was valued at USD 2.05 billion in 2022 and is   anticipated   to grow from USD 2.13 billion in 2023 to USD 2.89 billion by 2030, exhibiting a CAGR of 4.4% during the forecast period. The Unmanned Surface Vehicle (USV) market is experiencing rapid growth as advancements in technology drive the adoption of autonomous solutions across various industries. USVs, also known as autonomous surface vehicles, offer a wide range of applications, including defense, oil and gas exploration, environmental monitoring, and maritime research. This article explores the key players in the USV market, segmentation, driving factors, and regional analysis. Browse Report: https://www.fortunebusinessinsights.com/unmanned-surface-vehicle-usv-s-market-102526 Key Players: Kongsberg Maritime (Norway) SaaB AB (Sweden) L3 Harris Technologies (U.S.) Textron Inc (U.S.) ECA Group (France) Thales Group (France) Fugro (Neth...

Growth Opportunities in the Microwave Devices Market

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  The global   microwave devices market   size is expected to showcase considerable growth by reaching USD 9.00 billion by 2027 while exhibiting a CAGR of 5.45% between 2023 and 2027.  Fortune Business Insights published this information in its latest report, titled, “Microwave Devices Market, 2020-2027”. The report further mentions that the market stood at USD 6.12 billion in 2019 and is projected to experience exponential growth during the forecast period. This is attributable to the increasing demand for advanced communication services and the increasing focus on launching advanced communication satellites that will favor the adoption of microwave devices globally. Information Source:- https://www.fortunebusinessinsights.com/microwave-devices-market-103542 List of the Companies Profiled in the Global Market: Analog Devices Inc. (The U.S.) Communications & Power Industries LLC (CPI) (The U.S.) General Dynamics Corporation (The U.S.) Kratos Defense & Se...

Thermal Imaging Market Analysis Insights: Size, Share, Overview, and Growth Opportunities

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  The global   thermal imaging market   reached a value of USD 2.27 billion in 2019 and is anticipated to expand to USD 4.10 billion by 2027. This indicates a compound annual growth rate (CAGR) of 7.7% over the forecast period. Browse Summary https://www.fortunebusinessinsights.com/thermal-imaging-market-102588 Fortune Business Insights™ presents a list of all the companies operating in the thermal imaging market. They are as follows: BAE Systems (UK) Workswell (Czech Republic) Leonardo S.p.A. (Italy) Thermoteknix Systems Ltd (UK) Fluke Corporation (US) Lynred (France) FLIR Systems, Inc. (US) Testo SE & Co. KGaA (Germany) DALI Technology (China) L3Harris Technologies, Inc. (US) Seek Thermal (US) Opgal (Israel) Axis Communications AB (Sweden) Other key market players  Drivers & Restraints- High Demand from Fire Service Industry to Augment Growth Thermal imaging cameras are nowadays used rapidly in the fire service industry. They are utilized for the detection ...

Narcotics Scanner Market Size, Demand, Prominent Players, and Future Prospects up to 2030

  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, 2023-2028 ”. 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...

Automatic Dependent Surveillance-Broadcast Market Targets Notable USD Growth by 2030

  The global   Automatic Dependent Surveillance (ADS-B) market   size is expected to reach USD 2,877.5 million by 2028 from USD 901.7 million in 2021, exhibiting a CAGR of 18.03% during the forecast period. The growing development of lightweight, small, and cost-effective automatic surveillance-broadcast transceivers for unmanned aerial vehicles will have a tremendous impact on the automatic dependent surveillance-broadcast market growth in the forthcoming years, states   Fortune Business Insights™ , in its report, titled “ Automatic Dependent Surveillance-Broadcast (ADS-B) Market, 2021-2028.”  The market size stood at USD 847.9 million in 2020. Information Source- https://www.fortunebusinessinsights.com/automatic-dependent-surveillance-broadcast-ads-b-market-103355   Automatic Dependent Surveillance broadcasts are monitoring systems that help an aircraft navigate safely. It comprises several components such as receivers, antennas, transducers, and others. ...

Electro-Optical/Infrared Systems Market PDF Report 2023-2030

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  The global   electro-optical/infrared systems market   size was valued at USD 13.15 billion in 2018 and is projected to reach USD 20.36 billion by 2026, exhibiting a CAGR of 5.84% during the forecast period. Browse Summary Of This Research Report: https://www.fortunebusinessinsights.com/electro-optical-infrared-eo-ir-systems-market-102742 The Report Lists the Main Companies in the EOIR Systems Market: 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 The emergence of COVID-19 has brought the world to a standstill. We understand that this health crisis has brought an unprecedented impact on businesses across industries. However, this too shall pass. Rising support from governments and several companies can help in the fight against this highly contagious disease. There are some industries that are str...