Aerospace & Defense Insights

The global Ground Support Equipment Market is projected to grow from USD 4.0 billion in 2020 to USD 10.2 billion by 2025, at a CAGR of 20.7% from 2020 to 2025. The growth of the market across the globe can be attributed to rising demand for electric ground support equipment, increasing warehouse operations at airports, and ongoing expansions of airports to cater to the rising global air passenger traffic. Browse 353 market data Tables and 57 Figures spread through 347 Pages and in-depth TOC on "Ground Support Equipment Market - Global Forecast to 2025" Based on type, the ground support equipment market is projected to be led by the mobile segment from 2020 to 2025. Mobile GSE refer to equipment that can be moved around airports. They are not restricted to one installed location and can be used to service aircraft parked at gates that are not connected to airport terminals. Mobile GSE usually comprise cargo loading equipment and ramp service equipment. The rise in capacity

The growth of the degaussing system market is mainly driven by the rise in deliveries of naval vessels, coupled with an increase in defense spending in US and emerging countries. Asia Pacific is expected to be the largest market for the degaussing system from 2018 to 2023, followed by Europe. The global degaussing system market size is estimated to be USD 809.7 million in 2018 and is projected to reach USD 981.2 million by 2023, at a CAGR of 3.92% from 2018 to 2023. Factors such as increasing importance of degaussing system in naval warfare, technological advancement in degaussing equipment, and increasing defense budgets are driving the degaussing system market. Based on end user, the OEM segment of the degaussing system market is projected to grow at the highest CAGR from 2018 to 2023. This growth can be attributed to the rise in the delivery of new ships worldwide. Based on vessel type, the submarines segment is estimated to lead the degaussing system market in 2018. The growth

The rise in air passenger traffic and increase in demand for aviation services are additional factors contributing to the growth of the aircraft doors market. Aircraft doors are structural components fitted on the fuselage for embarking and disembarking of passengers and crew members as well as loading and unloading of cargo. The global aircraft doors market is projected to grow from USD 3.68 Billion in 2017 to USD 5.22 Billion by 2022, at a CAGR of 7.25% during the forecast period. This growth can be attributed to an increase in aircraft deliveries, expansion of the civil aviation sector, and technological advancements in aerospace components. The aircraft doors market has been classified on the basis of door type into passenger doors, cargo doors, emergency doors, service/access doors, landing gear doors, and others. The aftermarket end user segment is projected to grow at a higher CAGR as compared to the OEM segment during the forecast period. The growth of the aftermarket segme

The Industry experts believe that the pandemic has not affected the demand for Satellite payloads in applications. The satellite payloads market is estimated at USD 3.7Billion in 2021 and is projected to reach USD 11.3 Billion by 2026, at a CAGR of 24.8% from 2021 to 2026. The Growing investments by several governments particularly in developed and developing economies such as the US, India, and China, among others. The satellite payloads are used for several applications, including communication, earth observation and remote sensing, mapping and navigation, scientific research and exploration, surveillance and security, space observation, and various other applications by defense, intelligence, civil, commercial, and/or government users Continuous advancements in the miniaturization of satellite payloads through technological advancements in digital components, low-mission costs, and the increasing use of satellite constellations are major drivers for the growth of this market. COVID

The global CubeSat market is projected to grow from USD 152 million in 2018 to USD 375 million by 2023, at a CAGR of 19.87% from 2018 to 2023. Based on size, the 3U segment is estimated to account for the largest share of the CubeSat market in 2018. 3U CubeSats can be used in various applications such as Earth observation & traffic monitoring, meteorology, science & technology and education, research & exploration, mapping & navigation, and surveillance & security. Planet Labs (US) uses 3U CubeSats called Doves in Earth imaging applications. In February 2017, it launched 88 3U CubeSats into space. Request For Custom Report: https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=58068326 Based on application, the Earth observation & traffic monitoring of the CubeSat market is estimated to grow at the highest CAGR in 2018, as collection of information about the Earths physical, chemical, and biological systems by means of remote sensing technologies is

The aircraft exhaust system market is growing at a significant pace due to factors such as a rapid rise in the number of aircraft orders. The growth of the Asia Pacific Aircraft exhaust system market can be attributed to the rise in disposable incomes and increase in air travel. The global aircraft exhaust system market is projected to grow from an estimated $679.0 million in 2018 to $987.4 million by 2023, at a CAGR of 7.78% from 2018 to 2023. The introduction of technologies such as the electronic Thrust Reverser Actuation System (eTRAS) and the use of advanced composite & ceramic materials for aircraft exhaust systems are expected to contribute to the market growth during the forecast period. Aircraft exhaust system manufacturers are focusing on enhancing their market shares through research & development activities to minimize weight, drag, and fuel consumption of aircraft, and enable a greener environment. In addition, they are also working toward developing high streng

The global Sustainable Aviation Fuel Market is estimated at USD 219 million in 2021 and is expected to reach USD 15,716 million by 2030, at a CAGR of 60.8% during the forecast period. The increasing need for reduction in greenhouse gas emissions, increasing air passenger traffic, and high fuel efficiency of biofuels are some of the key factors driving the sustainable aviation fuel market. The government initiatives such as tax reductions on the use of green and clean aviation fuels will drive the growth of sustainable aviation fuel in the future. By type, the sustainable aviation fuel market has been segmented into biofuel, hydrogen fuel, and power-to-liquid. The biofuel segment is estimated to account for the largest share during the forecast period. Achieving the GHG emissions reduction targets proposed by the aviation industry and by organizations such as the International Civil Aviation Organization (ICAO) will require a significant increase in biofuel production and consumption

The global SATCOM on the move market is estimated at USD 17.7 billion in 2021 and is projected to reach USD 42.8 billion by 2026, at a CAGR of 19.3% from 2021 to 2026. The SATCOM on the move market is growing at a significant rate across the world, and a similar trend is expected to be observed during the forecast period. The deployment of low earth orbit (LEO) satellites and constellations of satellites for communications applications has increased their demand across the globe. Other factors driving the market growth include growing demand for Ku- and Ka-band satellites, and the growing fleet of autonomous and connected vehicles used for various applications in the military and commercial sectors, which require customized SATCOM-on-the-move antennas. Growing investments by several governments, particularly in developed and developing economies such as the US, India, and China, among others. COVID-19 has affected the SATCOM on the move market growth to some extent, and this varies

The report on the aircraft electrification market provides a detailed trend analysis from 2017 to 2030. It discusses industry and technology trends currently prevailing in the market, along with drivers, restraints, challenges, an d opportunities that influence the growth of the market. The market for aircraft electrification is estimated to be USD 6.0 billion in 2021 and is projected to reach USD 20.0 billion by 2030, at a CAGR of 14.3% during the forecast period. The growth of this market is mainly driven by increase in adoption of cleaner and greener aircraft, developments in advanced air mobility and alternative sources of energy. Based on component, the battery segment is estimated to lead the market during the forecast period, with a share of 24.3% in 2021. Lithium-sulfur is one of the battery technologies competing to supersede lithium-ion as the major battery technology of the next generation. The ability of Li-S batteries to store and release energy offers an opportunity t

The global port equipment market is estimated at USD 29.2 billion in 2018 and is projected to reach USD 36.6 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 3.30% from 2018 to 2025. Factors such as the increasing seaborne trade across the globe and the growing number of container shipments in Asia Pacific and the Middle East are expected to fuel the growth of the port equipment market. Based on equipment type, the straddle carriers segment is estimated to lead the port equipment market during the forecast period. These are used for lifting and lowering containers, both vertically and horizontally. Straddle carriers are used in container handling have lifting capacities ranging from 40 to 60 tons. As per the industry experts, the demand for straddles is mostly generated from port terminals in Germany, the Netherlands, and the UK. Equipment manufacturers are focused on offering hybrid straddle carriers for port terminals owing to the growing requirement of advanced cargo ha

The global report Aircraft Landing Gear Market is estimated to be USD 6.9 billion in 2021 and is projected to reach USD 9.6 billion by 2026, at a CAGR of 6.7%. The growth of this market is mainly driven by the increasing aircraft deliveries due to growing passenger traffic and upgrades in existing aircraft. Advancements in existing types of aircraft as well as new technological developments for enhancements in aircraft performance and efficiency are expected to drive the market for aircraft landing gear across the globe. The aircraft pumps market includes major players Collins Aerospace (US), Safran (France), Liebherr (Switzerland), Heroux-Devtek(Canada) and Triumph Group(US). These players have spread their business across various countries includes North America, Europe, Asia Pacific, Middle East, Africa, and Latin America. COVID-19 has impacted their businesses as well. Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=1054 The COVID-19 pandemic has

The global Aerostructures Market is estimated to be USD 49.0 billion in 2021 and is projected to reach USD 75.0 billion by 2026, at a CAGR of 9.0% during the forecast period. The growth of this market is mainly driven by increase in number of aircrafts, increase in demand for UAVs and introduction of advanced aircrafts. The Aerostructures market includes major players Spirit AeroSystems (US), Airbus (Netherlands), Saab AB (Sweden), Triumph group Inc (US), and Leonardo S.P.A (Italy). These players have spread their business across various countries including North America, Europe, Asia Pacific, Middle East, Africa, and Latin America. COVID-19 has impacted their businesses as well. Industry experts believe that COVID-19 could affect Aerostructures production and services by 7–10% globally in 2020. The COVID-19 pandemic has impacted the end-use industries adversely, resulting in a sudden dip in 2020 aircraft orders and deliveries. This is expected to negatively impact the aircraft mar

The Global  Weather Forecasting Systems Market  is set to witness rapid growth in the forecast period. This market is growing at a CAGR of 5.1%. The ever-increasing need for accurate forecasts, the increased availability of high-quality products, and government mandates are expected to fuel industry growth over the forecast period. What are Weather Forecasting Systems? Weather forecasting systems are tools used by meteorologists to predict future weather conditions. These systems use data from weather satellites, weather balloons, and other sources to create models of the atmosphere. These models are then used to make predictions about future weather conditions. Weather forecasting systems have been in use for many years. However, they have become much more sophisticated in recent years. This is due to advances in computer technology and the availability of more data. Weather forecasting systems are now able to make very accurate predictions about future weather conditions. The ma

The global Radar Systems Market is estimated to be USD 32.5 billion in 2021 and is projected to reach USD 41.0 billion by 2026, at a CAGR of 4.8% from 2021 to 2026. Growth of this market can be attributed to the rise in trade of radar systems, developments in the defense sector, and national security sector. Major players in the radar systems market include SAAB AB (Sweden), Raytheon Technologies (US), Mitsubishi Electric (Japan), Thales Group (France), Northrop Grumman Corp. (US), Aselsan AS (Turkey), and Lockheed Martin (US). Other key players in the market are Hensoldt AG (Germany), Telephonics Corp. (US), and Src, Inc. (US). The report covers various industry trends and new technological innovations in the radar systems market for the period, 2018-2026. Request For Custom Report: https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=207283650 Unmanned surface vessels (USVs) are being adopted by many defense as well as research organizations for the detection of ships

The global Aircraft Antenna Market is estimated to be USD 0.6 billion in 2021 and is projected to reach USD 0.9 billion by 2026, at a CAGR of 7.9% during the forecast period. The growth of this market is mainly driven by an increase in airspace modernization programs, an increase in demand for military UAVs and the introduction of advanced aircraft systems. The aircraft antenna market includes major players L3Harris Technologies Inc. (US), Honeywell International (US), Collins Aerospace (US), Cobham Limited (UK), and The Boeing Company (US). These players have spread their business across various countries including North America, Europe, Asia Pacific, Middle East, Africa, and Latin America. COVID-19 has impacted their businesses as well. Industry experts believe that COVID-19 could affect aircraft antenna production and services by 7–10% globally in 2020. Explore More Insights: https://www.marketsandmarkets.com/Market-Reports/aircraft-antenna-market-76582743.html The COVID-19 pan