US Aerospace and Defence News

The global offshore  drone surveillance market  size is projected to reach USD 415.8 billion by 2027, exhibiting a CAGR of 19.6% during the forecast period. Rising deployment of drones for maritime monitoring operations will be a distinct trend driving this market, shares Fortune Business Insights™ in its report, titled “ Offshore Drone Surveillance Market Size, Share & COVID-19 Impact Analysis, By Type (Multirotor, Fixed Wing, and Hybrid), By Application (Pipeline Monitoring and Inspection, Offshore Platform Inspection, Wind Turbine Inspection, Power Plant Inspection, Solar Panel Inspection, and Others), and Regional Forecast, 2020-2027 ”. Drones, or unmanned aerial vehicles (UAVs), have proven to be a highly efficient and cost-effective technology for conducting surveillance activities in offshore settings for various industries. The considerable benefits offered by these devices has induced governments and companies to deploy them to perform a range of functions such as gatherin

The global satellite communication market size was   USD 27.56 billion   in 2021 and is projected to exceed   USD 56.74 billion   by 2029, exhibiting a   CAGR of 9.54%   over the estimated period. The rise can be attributed to the increasing product adoption across a range of applications including radio broadcasting & voice communications, remote sensing, water monitoring, internet application & navigations, and others. This information has been provided by  Fortune Business Insights™  in its research report, dubbed  “Satellite Communication Market, 2022-2029” . COVID-19 Impact: Industry Players Face Postponement of Satellite Launches, Production Halt, and Other Challenges The COVID-19 pandemic has created numerous challenges for the space industry. These included the hold of numerous contracts, the postponement of satellite launches, and production halts. The crisis has further led to a pause on missions that included the James Webb Telescope project, deep-space exploration s

  The global   aviation crew management system market   size was   USD 1.73 billion   in 2020. The market is projected to grow from   USD 1.79 billion   in 2021 to   USD 3.15 billion   in 2028 at a CAGR of   8.41%   in the 2021-2028 period. This information is presented by  Fortune Business Insights™  in its report, titled,  “Aviation Crew Management System Market, 2021-2028.” According to our experts, the market's growth accounts for the increasing demand for the crew administration system, leading key players to upsurge their emphasis on financing in R&D activities to develop refined crew management systems. For example, in December 2020, Boeing declared a 10-year contract with Frontier Airlines, a North American transporter, to execute a novel crew series, flight-scheduling, operations gears, among others, to augment airline proficiency. COVID-19 Impact Flight Postponement Amid Pandemic to Obstruct Market Growth The pandemic circumstance occasioned stringent government guide

The global thermal imaging market is likely to gain impetus from the ever-increasing demand for thermal camera from the healthcare sector. They are used by doctors and physicians to record and capture temperature variations of the human body for proper diagnosis. These cameras deliver vast amount of data in the forms of videos and images. Those are then analyzed by healthcare providers to receive insights of the vascular and metabolic activities of a particular patient. This information is given in a recently published report by   Fortune Business Insights™ , titled, “ Thermal Imaging Market Size, Share and Industry Analysis, By Technology (Cooled and Uncooled), By Product (Thermal Camera, Thermal Scopes and Thermal Module), By Wavelength (Shortwave Infrared (SWIR), Midwave Infrared (MWIR) and Longwave Infrared (LWIR)), By Application (Security and Surveillance, Monitoring and Inspection, and Detection and Measurement), By Vertical (Aerospace and Defence, Law Enforcement, Healthcare, A

  The global   ground support equipment market   size is expected to experience significant growth by reaching USD 7,819.6 million by 2030. This growth is attributable to the increasing demand for refurbished ground support equipment and the presence of stringent emission control regulations that propels the demand for advanced GSE across the globe. This information is published by Fortune Business Insights, in its latest report, titled,   “Ground Support Equipment Market Size, Share and COVID-19 Impact Analysis, By Type (Tugs & Tractors, Pushback Tractors, Passenger Boarding Lift & Steps, Belt Loader, Hi-Lift Loader, De/ Anti Icing Vehicle, Water Service Vehicle, Lavatory Service Vehicle, Others), By Power Source (Non-Electric GSE, Electric GSE, Hybrid GSE, Fuel Cell Vehicle, Advanced GSE), By Ownership (New Sales, Used Sales, Rental/ Lease), and Regional Forecast, 2020-2030.”  The report further mentions that the market stood at USD 5,279.5 million in 2019 and is likely to ex

  The global aero wing market size is projected to reach USD 20.35 billion by 2028, exhibiting a CAGR of 8.98% during the forecast period. According to a new   Fortune Business Insights™  in its report, titled “ Aero Wing Market, 2021-2028 ”, the market value was   USD 12.52 billion  in 2020. The outbreak of the COVID-19 pandemic has triggered unprecedented upheavals for the aerospace industry, with supply chain uncertainties and trade & travel restrictions choking manufacturing operations in this industry. The aero wing market growth has gotten disrupted as well, registering a CAGR  -17.95%  and hitting a value of  USD 11.14 billion  in 2021, as a result of the upheavals created by the pandemic. Get Sample PDF Brochure:- https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/aero-wing-market-105074 CPI Aerostructures Bags $8.1 Million Wing Contract from Northrop Grumman In February 2019, US-based CPI Aerostructures announced that it has secured a huge contract worth US

  The global defense cyber security market is set to gain momentum from the increasing usage of the Internet of Things (IoT) to transmit and collect data on situational metrics, such as status, location, usage, and temperature. In March 2020, for instance, Northrop Grumman Corporation bagged a new contract worth USD 982 million from the U.S. Army to deliver premium cyber and electronic warfare capabilities to warfighters.   Fortune Business Insights™   presented this information in a new report, titled, “ Defense Cybersecurity Market, 2021-2028 .” The report further states that the defense cybersecurity market size is projected to grow from   USD 19.96 billion   in 2020 to   USD 29.81 billion   in 2028 at a CAGR of   5.36%   during the forecast period. Request PDF Sample Report- https://www.fortunebusinessinsights.com/enquiry/sample/defense-cyber-security-market-105139 A list of renowned defense cybersecurity providers operating in the global market: Leidos Holding Inc. Accenture IBM C

The global rocket and missile market size was valued at USD 59.21 billion in 2021. The market is expected to grow from USD 61.96 billion in 2022 to USD 84.77 billion by 2029, exhibiting a CAGR of 4.58% during the forecast period. Rapidly changing military technology and increasing adoption of 3D printed missile components are expected to foster the industry’s growth.   Fortune Business Insights ™  provides this information in its report titled “ Rocket and Missile Market, 2022-2029. ” Russia-Ukraine War Impact Changing Procurement Priorities to Reshape the Defense Sector Positively The Russia-Ukraine war is expected to affect several sectors due to changing procurement priorities. Further, the deployment of novel Russian electronic warfare equipment in Ukraine in 2014 and later in Syria is expected to enhance the demand for rockets and missiles. Furthermore, the expansion of UCAV fleets in the region elevated the industry’s growth. Segments Missile Segment to Grow Exponentially Backed

  The global unit load device market is expected to gain momentum by reaching USD 2.67 billion by 2027 while exhibiting a CAGR of 4.38% between 2020 and 2027. This is attributable to the rising aviation sector and the growing adoption of advanced technologies such as the internet of things (IoT) that is likely to drive the demand for innovative unit load devices across the globe. Fortune Business Insights, in its latest report, titled,   “Unit Load Device Market Size, Share & COVID-19 Impact Analysis, By Product Type (LD 3 Container,   LD 6 Container, and LD 11 Container, M 1 Container, Pallets, and Others), By Application (Civil Air Transport, Cargo Air Transport, and Others), By Material Type (Composite,   Metal, and Others), By Container Type (Normal Container, Cold Container, and Others)   and Regional Forecast, 2020-2027.”,  mentions that the market stood at USD 2.15 billion in 2019 and is projected to exhibit a CAGR of 4.38% between 2020 and 2027. Suspended Operations across