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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...