The unmanned ground vehicles market is estimated to be USD 2.7 billion in 2022 and is projected to reach USD 3.6 billion by 2027, at a CAGR of 5.7% from 2022 to 2027. Growth of this market can be attributed to the rise in military applications like combat support, ISR, mine clearance, etc., and commercial applications like firefighting, CBRN.
“Development of smart robots for combat operations”
Smart robots are an integral part of modern warfare, and, thus, different countries across the globe are increasing, including these robots in their defense forces. They are essential for combat operations and assist defense forces in various missions. Smart robots are designed to handle a broad range of combat tasks, from picking up snipers to carrying out target acquisitions. These robots......
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“Increasing demand for fixed wing VTOL UAVs for military, commercial and government and law enforcement applications are driving the market.”
The fixed-wing VTOL UAV market includes various players, such as product manufacturers and solution providers. The market is estimated at USD 842 million in 2022 and is projected to reach USD 4,627 million by 2030, at a CAGR of 23.7%. Continous technological advancements have reduced the cost of materials & miniaturization of components used to develop new and advanced UAVs capable of repeatedly flying for long periods. These UAVs improve flight control systems using advanced software and have low operational costs. Fixed-wing VTOL UAVs are becoming highly efficient and effective and, hence, cater to various requirements of the civil &......
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“Increase in airspace modernization programs, demand for high rate data transmission, development of low-cost miniaturized telemetry systems.”
The Aerospace and Defense Telemetry Market is estimated to be USD 1.4 billion in 2022 and is projected to reach USD 2.0 billion by 2027, at a CAGR of 6.9% from 2022 to 2027. Factors such as increase in airspace modernization programs, demand for high rate data transmission, development of low-cost miniaturized telemetry systems are driving factors assisting the growth of the aerospace and defense telemetry market.
The aerospace and defense telemetry market includes major players such as L3harris Technologies (US), Honeywell International Inc (US), General Dynamics Corporation (US), Lockheed Martin Corporation (US), Maxar Technologies (US),......
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“Increasing launches of satellites and space exploration missions are driving the waveguide components and assembliesmarket.”
The Waveguide Components and Assemblies Market is projected to grow from USD 1.3 billion in 2022 to USD 1.6 billion by 2027, at a CAGR of 4.8%. The market exhibits lucrative growth potential during the forecast period primarily due to the advancements in radar technologies, increased demand for microwave devices in electronic warfare systems and increasing launches of satellites and space exploration missions. Nevertheless, the requirement for new-generation warfare systems and demand for high-rate data transmission, to open several growth opportunities for waveguide components and assemblies’ manufacturers during the forecast period.
The COVID-19 pandem......
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The Space power electronics market is projected to grow from USD 205 million in 2021 to USD 435 million by 2026, at a CAGR of 16.2%. Space power electronics is the application of electronics on satellites, spacecraft, launch vehicles, space stations and rovers to control and convert electric power from one form to other. It deals with the processing of high voltages and currents to deliver power that supports a variety of needs. According to the National Aeronautics and Space Administration, a power electronic system can comprise a modular power electronic subsystem (PESS) connected to a source and load at its input and output power ports, respectively. Semiconductor devices such as metal-oxide semiconductor field effect transistors (MOSFET), insulated gate bipolar transistors (IGBT), mos-......
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“Growing adoption of autonomous and connected devices, and higher network speed and lower latency in 5G are the major factors driving the 5G in defense Market.”
The global 5G in defense market size is projected to grow from USD 665 million in 2022 to USD 2,487 million by 2027, at a CAGR of 30.2% from 2022 to 2027. Factors such as the are the Higher network speed, and lower latency in 5G, and growing adoption of autonomous and connected devices are driving factors assisting the growth of 5G in the defense market.
The 5G in defense market is dominated by a few globally established players such as Ericsson (Sweden), Huawei (China), Nokia OYJ (Finland), Samsung (South Korea), NEC Corporation (Japan), Thales Group (France), L3Harris Technologies, Inc. (US), Raytheon Technologies (US),......
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Defense integrated antenna Market: Report Description 2
Defense integrated antenna market is projected to grow from USD 543 million in 2022 to USD 722 million by 2026, at a CAGR of 5.8% during the forecast period. An antenna converts electronic signals to electromagnetic waves (and vice versa) with a minimum loss, and an integrated antenna consists of miniaturized antennas printed on densely populated printed circuit boards (PCB) to electrically large arrays and reflector antennas. Defense integrated antennas are more ruggedized than regular commercial antennas to withstand harsh conditions. The defense integrated antenna market is expected to grow significantly in the coming years, owing to the high demand for compact/integrated antennas. These antennas should be rugged to withstand ha......
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The Military Simulation and Training market size is forecasted to grow from an estimated USD 9.2 billion in 2022 to reach USD 12.2 billion by 2027, at a CAGR of 5.6% from 2022 to 2027. Increasing defense spending in the world and new technological developments to help strengthen military capabilities and efficiency is expected to drive the market for Military Simulation and Training across the globe. Increasing geopolitical tensions across regions and overall strengthening activities across the world is triggering the defense spending across these regions. This, in turn, is pushing manufacturers and system component providers to design and manufacture more high technology, high resolution, military simulators for defense personnel to get trained upon.
The COVID-19 pandemic has caused si......
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“Increasing number of warehouse construction driving demand for quick-to-install insulation materials is driving the Insulation products market.”
The global Insulation products market size is projected to grow from USD 55.1 billion in 2021 to USD 71.7 billion by 2026, at a CAGR of 5.4% between 2021 and 2026. The insulation products market is expected to grow at a moderate growth rate owing to factors such as Growing steel and aluminium industries in developing nations, Increasing number of warehouse construction driving demand for quick-to-install insulation materials are driving the growth of Insulation products market in Asia Pacific countries. COVID 19 pandemic leading to disruption in the value chain, stringent environmental regulations related to manufacturing of PUF are hinder......
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The electronically scanned array market is estimated to be USD 7.4 billion in 2021 and is projected to reach USD 10.4 billion by 2026, at a CAGR of 7.1% from 2021 to 2026. Growth of this market can be attributed to the rise in trade of electronically scanned array, developments in the defense sector, and national security sector.
“Increasing defense expenditure of emerging economies to drive the market for electronically scanned array during the forecast period”
Emerging economies, such as China and India, are investing in advanced electronically scanned arrays to prepare themselves for any battle. These economies have increased their military budgets to augment their defense powers and are procuring advanced ESA-based navigation systems for air, marine, and land platforms. The g......
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