US Aerospace and Defence News

  The global   Offshore Helicopter Service Market   size is projected to reach USD 3,227.7 million by 2026, exhibiting a CAGR of 3.17% during the forecast period. Escalating demand for oil and gas worldwide will be the primary growth factor driving this market, finds Fortune Business Insights™ in its recent report, titled “ Offshore Helicopter Service Market Size, Share & Industry Analysis, By Type (Light Weight, Medium Weight, and Heavy Weight), By Application (Inspection, Monitoring and Surveying, Passenger Transport, Goods Transport, Search and Rescue, and Others), and Regional Forecast, 2019-2026 ”. The oil & gas helicopter services market growth is premised on the consistently rising demand for oil and gas as primary energy and power sources. According to the International Energy Agency (IEA), in third quarter of 2019, the global demand for oil rose to 1.1 million barrels a day, more than doubling from 435,000 barrels per day from the preceding quarter of the same year. Si

  The global helicopter MRO services market size is set to gain traction from advanced composite materials and has been instrumental in driving the growth, shares Fortune Business Insights in its report, titled   “Helicopter MRO Services Market, 2021-2028”.   Helicopter maintenance and repair is an essential part of helicopter operations. It ensures that rotorcraft is maintained in predetermined airworthiness conditions to ensure the safety of operations, passengers, and crew. Each year, advanced composite materials surface on an increasing number of aircraft. In particular, the amount of components made of fibreglass, biomass, or aramid fibres has increased dramatically in helicopters. The global helicopter MRO services market size was USD 7.21 billion in 2020. The market is projected to grow from USD 7.48 billion in 2021 to USD 10.23 billion in 2028 at a CAGR of 4.57% during the 2021-2028 period. Request Sample Report- https://www.fortunebusinessinsights.com/enquiry/sample/helicopter

global  ammunition market  is set to gain momentum from the increasing usage of 9mm cartridge as compared to the other calibers. It is mainly occurring because of the ongoing technological advancement, as well as its ability to perform in a versatile way. This information is provided by  Fortune Business Insights™  in a recent report, titled, “ Ammunition Market Size, Share & COVID-19 Impact Analysis; by Application (Military & Homeland Security, and Civil & Commercial) By Caliber (Small, Medium, and Large) By Product (Bullets, Aerial Bombs, Grenades, Mortars, Artillery Shells, and Others), By Component (Fuses& Primers, Gun Powder, Projectile, Cases, and Others) By Guidance (Guided, and Non-Guided) By Lethality (Lethal, and Less-Lethal) and Regional Forecast, 2020-2027 .” The report further mentions that theglobal market size was  USD 25.46 billion  in 2019 is projected to reach  USD 29.96 billion  by 2027, exhibiting a CAGR of 1.71% during the forecast period from 2020

  The global in-flight entertainment & connectivity market size is expected to showcase an exponential growth by reaching USD 7.68 billion by 2027 while exhibiting a CAGR of 9.76% between 2020 and 2027. The growth is attributed to the growing adoption of advanced SATCOM technology and the increasing demand for technologically advanced 5G technology that is likely to drive the manufacturers to develop innovative in-flight entertainment & connectivity solutions globally. Fortune Business Insights, published this information in its latest report, titled,   “In-Flight Entertainment & Connectivity Market Size, Share & COVID-19 Impact Analysis, By Type (IFE Hardware (Portable IFE System, and Non-Portable IFE System), IFE Connectivity (Wired Connectivity, and Wireless Connectivity), and IFE Content), By Class (First Class, Business Class, Premium Economy Class, and Economy Class), By Aircraft Type (Narrow Body, Wide Body, Business Jets, and Regional Aircraft), By End-User (OEM

  The global shoulder fixed weapons market size is expected to reach USD 7,836.8 million by 2027, exhibiting a CAGR of 5.74% during the forecast period. The growing enhancements in defense systems coupled with robust border security will have an excellent impact on the global market, states Fortune Business Insights, in a report, titled “Shoulder Fixed Weapons Market Size, Share & Industry Analysis, By Component (Launcher [Missile/Rocket Launcher, Rocket Propelled Grenade Launcher and Tripod] and Ammunition [Anti-tank Missile, Anti-aircraft Missile, Rocket Propelled Grenade]), By Technology (Guided [Infrared Homing, Laser Guided, and Semi-automatic Command line-of-sight] and Unguided), By Range (Short, Medium and Long), and Regional Forecast, 2020-2027.” The market size stood at USD 6,224.6 million in 2019. The coronavirus incident has caused colossal loss to several industries across the globe. The governments of several countries have instigated lockdown to thwart the spread of t

  The global military sensors market is set to gain impetus from the emergence of the Wireless Sensor Network (WSN) technology. It is mainly designed for recording and monitoring various conditions at different locations. This information is given by   Fortune Business Insights™   in a new report, titled, “ Military Sensors Market Size, Share & COVID-19 Impact Analysis, By Platform (Ground, Airborne, Naval, Space), By Component (Hardware, Software), By Application (Navigation & Communication, Intelligence & Reconnaissance, Electronic Warfare, Command & Control, Monitoring & Surveillance, Target Recognition), and Regional Forecast, 2020-2027 .” The report further states that the market size was   USD 25.94 billion   in 2019 and is projected to reach   USD 34.58 billion   by 2027, exhibiting a CAGR of 6.91% during the forecast period. COVID-19 Pandemic to Affect Growth Stoked by Halt of Production Globally The COVID-19 pandemic has taken a toll on the global economy.