The report further states that the commercial aircraft disassembly, dismantling, and recycling market size was USD 4.57 billion in 2019 and is projected to reach USD 5.40 billion by 2027, exhibiting a CAGR of 7.36% during the forecast period (2020-2027).

The recent coronavirus outbreak has created a sense of panic across the world. Due to the rapid spread of the disease, governments across several countries have decided to allocate more budgets to the healthcare sector than the defense sector. The global military antenna market size is projected to reach USD 5.78 billion by the end of 2027. The rising military budget allocations will create several growth opportunities for the companies operating in the market.

Geographically, North America held USD 54.81 million in terms of revenue in 2019. This growth is attributable to the presence of multiple industry giants in this region. Also, the U.S. is exhibiting an excellent development and innovation for improving the LiDAR technology, especially in the mapping industry. Asia Pacific, on the other hand, is set to showcase a strong growth fueled by the increasing applications of LiDAR drones in disease controlling and precision farming studies.

As per regional segmentation, the global unmanned aerial vehicle market is widespread into the regions of North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. Each of these regions is further categorized into intonations. Among these, North America is holding the dominant UAV market share on account of the rise in demand for utilization in maritime surveillance and border security services.

The global electronic warfare market is anticipated to gain momentum from the ever-increasing technological advancements and the rising adoption of cyber EW worldwide.

In the space domain, NASA and Space X are aggressively experimenting with 3D printing to produce rocket engines for spacecraft. Thus, the widening application of additive manufacturing techniques in the aerospace and defense industry will augur well for this market in the near future. Many governments and private defense manufacturers are exploring the potential of additive manufacturing techniques in the designing and engineering of rockets and missiles for space exploration and military purposes. This rising interest is owing to the ability of 3D printers to produce virtually any kind of three-dimensional metallic and plastic objects. For example, US-based Lockheed Martin announced its plans in 2017 to develop the country’s next...

Several industries are currently facing huge losses because of the emergence of the COVID-19 pandemic. As the production processes have come to a standstill, there are shortages of products worldwide. But, we will be able to overcome this situation by cooperating with the regulatory bodies. Our reports are specially curated to help you regain business confidence and, thereby generate more sales.

Autonomous aircraft are fully or partially automated vehicles where human intervention may or may not be a necessity. Technological integration has played a massive role in the development of autonomous aircraft. The use of concepts such as AI and IoT has allowed real-time operations. The massive investments in the integration of such real-time concepts as well as sensor-based modules will open up a huge potential for the growth of the overall autonomous aircraft market in the near future.

The emergence of COVID-19 has brought the world to a standstill. We understand that this health crisis has brought an unprecedented impact on businesses across industries. However, this, too, shall pass. Rising support from various governments and several companies can help in the fight against this highly contagious disease.

Increasing business aircraft deliveries worldwide will be a key growth determinant for this market, finds Fortune Business Insights™ in its report, titled “Business Jet Market Size, Share & Industry Analysis, By Business Jet Type (Very Light Jet, Light, Super-Light, Mid-size, Super-Mid-Size, Large, Super Large, Ultra Long Range, and Converted Airliners), By Platform (On-Demand Service, Aircraft Management Services, and Leasing), By System (Propulsion System, Aerostructures, Avionics, and Others), By End-Use (Private and Operators), By Point of Sale (OEM and Aftermarket), and Regional Forecast, 2020-2027”. The global business jet market size is projected to reach USD 35.56 billion by 2027, exhibiting a CAGR of 5.37% during the forecast...