Military Wearables Market : Revenue, Share and Forecast To 2025


This report provides an analysis of the military wearables market for the forecast period from 2019 to 2025. The report analyzes the factors that are driving and restraining the growth of the military wearables market as well as the challenges faced by the market. It also provides information on the growth opportunities for the market. The military wearables market is projected to grow from USD 4.2 billion in 2019 to USD 6.4 billion by 2025, at a CAGR of 7.17% during the forecast period. Key factors fueling the growth of the market are the growing demand for military wearables due to increased spending of countries on soldier modernization programs, rising instances of cross-border conflicts, and increasing incidences of asymmetric warfare across the globe.

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Based on end user, the military wearables market has been segmented into land forces, naval forces, and airborne forces. The airborne forces segment of the military wearables market is projected to grow at the highest CAGR during the forecast period. Military forces of different countries across the globe have increased the use of military wearables to enhance the warfighting capabilities of their soldiers.

Military Wearables Market

Based on technology, the military wearables market has been segmented into communication and computing, connectivity, navigation, vision & surveillance, exoskeleton, monitoring, power & energy management, and smart textiles. The connectivity segment is projected to grow at the highest CAGR during the forecast period. The growth of this segment can be attributed to the increasing spending of military forces of different countries on the development of various wearable technologies under their ongoing soldier modernization programs. The inception of numerous vision devices, especially those dedicated to augmented reality, is expected to have a significant impact on the overall growth of the vision segment of the military wearables market.

Based on wearable type, the military wearables market has been segmented into headwear, eyewear, wristwear, hearables, and bodywear. The eyewear segment of the market is projected to grow at the highest CAGR between 2019 and 2025. The demand for different wearable types is also increasing across the globe due to the rising instances of the asymmetric warfare, increasing number of close combat operations being carried out by defense forces of different countries, and growing incidences of cross-border conflicts and disputes. The key players are tapping this increasing demand for military wearables by offering modern, miniaturized, and integrated military wearables to end users.

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May 14, 2019
by Akshata Sharma
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5

Flight Simulator Market Worth 7.54 Billion USD by 2021

Flight Simulator Market by Application (Military, Commercial), by Type of Flight (Fixed Wing, Rotary Wing, Unmanned Aircraft), Military Component (FFS, FMS, FTD), Commercial Component (FFS, FBS, FTD), Geography - Global Forecast to 2021

The report "Flight Simulator Market by Application (Military, Commercial), by Type of Flight (Fixed Wing, Rotary Wing, Unmanned Aircraft), Military Component (FFS, FMS, FTD), Commercial Component (FFS, FBS, FTD), Geography - Global Forecast to 2021", published by MarketsandMarkets, the global market is projected to reach USD 7.54 Billion by 2021, at a CAGR of 4.1% from 2016 to 2021.

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Factors such as increased demand for new commercial and military pilots, adoption of virtual training to ensure aviation safety, and the need for cost-cutting of pilot training are expected to drive the global flight simulator market.

The military segment to dominate the global flight simulator market with highest market share 

On the basis of application, the military segment dominates the global flight simulator market with largest market share and is expected to continue its dominance over the next five years, though the commercial segment is expected to grow at a higher CAGR during the forecast period. The demand for military simulators is primarily driven by their use in armed forces training and mission training. Rising demand for commercial pilots tends to drive the commercial simulator market.

The unmanned aircraft segment is expected to grow at the highest pace during the forecast period 

The unmanned aircraft segment of the global Flight Simulator Market, by type of flight, is expected to grow at the highest CAGR during the forecast period. It is expected to dominate the market on account of the growing prominence of unmanned aerial systems (UAS) in defense as well as the commercial sector.

The flight simulator market is expected to witness the highest growth in the Asia-Pacific region 

The aviation industry in the Asia-Pacific region has been witnessing strong growth over the past few years. This growth, which is mainly driven by increasing demand for new aircraft deliveries and increasing air traffic in this region, is expected to boost the global flight simulator market. The aviation industry's growth can also be attributed to the increase in trade & tourism, as well as increasing disposable income of the middle class population in emerging economies, such as India and China.

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Key players in the global flight simulator market include CAE Inc. (Canada), L-3 Communications Holdings, Inc. (U.S.), FlightSafety International Inc. (U.S.), Thales Group (France), The Boeing Company (U.S.), and Rockwell Collins, Inc. (U.S.), among others.

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May 13, 2019
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5

Military Power Solutions Market to grow at CAGR of 9.07% $9.01 Billion by 2022

The report "Military Power Solutions Market by Type (Portable, Non-Portable), Source (Batteries, Generators, Fuel Cells, Solar Power, Energy Harvesters), Application (Air, Land, Naval), Wattage (Low, Medium, and High Power) and Region - Global Forecast to 2022", published by MarketsandMarkets, the market is projected to grow from USD 5.35 Billion in 2016 to USD 9.01 Billion by 2022, at a CAGR of 9.07% during the forecast period.

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Factors, such as the increasing defense electronics budget in several emerging countries and increasing demand for portable power solutions is expected to drive the growth of the military power solutions market.

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The portable segment is estimated to witness the highest growth during the forecast period 

By type, the portable segment of the military power solutions market is projected to witness the highest growth during the forecast period. The growth of this segment can be attributed to the rising need for portable and compact energy sources to reduce the weight of power sources that can be easily carried by soldiers during missions.

The fuel cells segment is estimated to witness the highest growth during the forecast period 

Based on source, the fuel cells segment of the military power solutions market is projected to witness the highest growth during the forecast period, as they have high energy density and are highly durable, even under harsh environments.

The land segment is estimated to witness the highest growth during the forecast period 

Based on application, the land segment of the military power solutions market is projected to witness highest growth during the forecast period. The growth of this segment can be attributed to the use of diverse power solutions in electronics devices, such as radios, laser rangefinders, telegraph terminals, global positioning systems, night vision devices, meteorological systems, and early warning sensors. Power solutions are also required to vehicle engines and provide power to electrical equipment on the vehicle, such as radars and radios, among others.

North America is projected to grow witness highest growth during the forecast period 

North America is the fastest-growing market for military power solutions, due to significant investments in research and development on advanced military power solutions by key players in this region.

Key manufacturers and suppliers of military power solutions in this region include Raytheon Company (U.S.), Arotech Corporation (U.S.), Advanced Conversion Technology, Inc. (U.S.), Concorde Battery Corporation (U.S.), and Energy Technologies, Inc. (U.S.), among others.

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April 30, 2019
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Aerostructures Market : Development Trends and Qualitative Analysis till 2022

[179 Pages Report] The aerostructures market is projected to grow from USD 52.17 Billion in 2016 to USD 75.97 Billion by 2022, at a CAGR of 6.47% during the forecast period. The base year considered for the study is 2015 and the forecast period is from 2016 to 2022.

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The aerostructures market is projected to grow from USD 52.17 Billion in 2016 to USD 75.97 Billion by 2022, at a CAGR of 6.47% during the forecast period. Major drivers influencing the growth of the aerostructures market include increase in outsourcing of aerostructure manufacturing by OEMs to tier 1 and tier 2 suppliers, and rise in adoption of composite aerostructures by the general and commercial aviation sectors.

The aerostructures market has been segmented on the basis of component, material, platform, end-use, and region. Based on component, the aerostructures market has been classified into fuselage, empennage, flight control surfaces, wings, nose, and nacelle and pylon, among others. The fuselage segment is expected to lead the aerostructures market from 2016 to 2022. The empennage segment is projected to grow at the highest CAGR during the forecast period, owing to the increasing usage of composite materials in the development of empennage.

Based on material, the aerostructures market has been segmented into composites, alloys, and metals. The composites segment is expected to lead the aerostructures market, owing to the increasing demand for composite aerostructures.

On the basis of end-use, the aerostructures market has been segmented into Original Equipment Manufacturers (OEMs) and aftermarket. The aftermarket segment is projected to grow at the highest CAGR during the forecast period, owing to the increase in aftermarket services offered by different aerostructure manufacturers.

Based on platform, the market has been segmented into fixed wing aircraft and rotary wing aircraft. The fixed wing aircraft segment has been further classified into commercial, Unmanned Aerial Vehicles (UAVs), military, general, and others (that include gliders and microlights). Similarly, the rotary wing aircraft segment has been further subsegmented into commercial, military, and UAVs. The increase in demand for military and commercial rotary wing aircraft is expected to drive the growth of the rotary wing aircraft segment in the aerostructures market.

Based on region, the aerostructures market has been segmented into North America, Europe, Asia-Pacific, and Rest of the World (RoW). Countries such as China, India, and Japan, among others are increasingly investing in the development of general aviation aircraft. The aerostructures market in Asia-Pacific is projected to grow at the highest CAGR from 2016 to 2022, due to rise in aircraft deliveries in this region.

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Aircraft Flight Control System Market Analysis & Forecast with Upcoming Trends 2023

According to the new market research report on the "Aircraft Flight Control System Market by Component (Cockpit Controls, Primary FCC, Secondary FCC, Actuators, Standby Attitude and Air Data Reference Unit), Type, Technology, End User (Linefit, Retrofit), Platform, and Region - Global Forecast to 2023", published by MarketsandMarkets™, the market is estimated at USD 11.50 Billion in 2018 and is projected to reach USD 13.67 Billion by 2023, at a CAGR of 3.52% during the forecast period. Factors such as the increase in passenger traffic, rise in aircraft deliveries, and upgradation of old aircraft are expected to drive the aircraft flight control system market.

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Cockpit controls segment is projected to witness the highest growth during the forecast period.

Based on component, the cockpit controls segment of the aircraft flight control system market is projected to witness the highest growth during the forecast period. This can be attributed to the increasing aircraft deliveries globally on account of increasing orders for new aircraft from commercial and domestic airliners. The demand for new aircraft from airliners is increasing due to the year on year increase in the global air passenger traffic.

Fly by wire technology segment is projected to witness the highest growth during the forecast period.

Based on technology, the fly by wire segment of the aircraft flight control system market is projected to witness the highest growth during the forecast period, as this is the most widely used flight control technology in the aviation industry. Fly by wire systems are reliable in adverse environmental condition with good signal transmission capability.

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Linefit end-user segment is expected to grow at a higher CAGR during the forecast period.

Based on end user, the linefit segment of the aircraft flight control system market is projected to grow at a higher CAGR during the forecast period. The increasing orders for commercial aircraft are expected to drive this segment.

Asia Pacific aircraft flight control system market is projected to witness the highest growth during the forecast period.

The Asia Pacific region is one of the fastest-growing market for aircraft flight control systems due to an increase in the number of flight hours and passenger traffic in the region. Countries such as India and China have seen a tremendous increase in the passenger traffic, owing to the growing economy and disposable income of consumers in these countries. This increase in passenger traffic and flight hours is expected to drive the demand for aircraft flight control systems in the Asia Pacific region during the forecast period.

Major players in the aircraft flight control system market include Parker Hannifin Corporation (US), Honeywell (US), and Moog (US).

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Environmental Control Systems Market is grow at CAGR of 4.34% from 2016 to 2022

[156 Pages Report] The environmental control systems market is estimated to grow from USD 3.27 Billion in 2016 to USD 4.22 Billion by 2022, at a CAGR of 4.34% from 2016 to 2022. The objectives of this study are to analyze the environmental control systems market, along with the statistics from 2016 to 2022 as well as to define, describe, and forecast the environmental control systems market on the basis of end user, platform, system, component, and region. The year 2015 has been considered to be the base year, whereas, 2016 to 2022 has been considered as the forecast period for the market study.

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Target Audience for this Report:

  • Aircraft Manufacturers
  • Environmental Control System Manufacturers
  • Original Equipment Manufacturers (OEMs)
  • Research Institutes and Organizations
  • Military Service Providers
  • Regulatory Bodies
  • Sub-component Manufacturers
  • Technology Support Providers
  • Airline Operators

“Study answers several questions for the stakeholders, primarily which market segments to focus on in the next two to five years for prioritizing the efforts and investments”.

Scope of the Report

This research report categorizes the environmental control systems market into the following segments and subsegments:

  • By End User
  • Defense
  • Commercial
  • By Platform
  • Fixed Wing
  • Commercial Fixed Wing Aircraft Type
  • Defense Fixed Wing Aircraft Type
  • Rotary Wing
  • By System
  • Air Supply & Management System
  • Thermal Management & Control System
  • Cabin Pressure & Control System
  • By Component
  • Temperature Regulator
  • Pressure Regulator
  • Heat Exchanger
  • Valves
  • Water Separator
  • By Region
  • North America
  • Europe
  • Asia-Pacific
  • Middle East
  • Rest of the World

Available Customizations

Along with the market data, MarketsandMarkets offers customizations as per specific needs of a company. The following customization options are available for the report:

  • Geographic Analysis
  • Further breakdown of the Rest of the World market
  • Company Information
  • Detailed analysis and profiling of additional market players (up to five)

The environmental control systems market is estimated to grow from USD 3.27 Billion in 2016 to USD 4.22 Billion by 2022, at a CAGR of 4.34% from 2016 to 2022. Technological advancements in environmental control systems and growth in air traffic are the major factors driving the environmental control systems market and technological advancements.

On the basis of system, the thermal management & control system segment is estimated to lead the environmental control systems market during the forecast period. The growing demand for these systems can be attributed to the increasing amount of heat loads from various avionics functionality, environmental control system architectures, and high-temperature sensitivity of composite material systems as compared to the traditional metallic designs.

Among end users, the defense segment of the environmental control systems market is projected to grow at the highest CAGR during the forecast period. The growth of the defense segment of the environmental control systems can be attributed to huge investments being made by the U.S. defense to improve their battlefield capabilities.

The environmental control systems market in Asia-Pacific is expected to grow at the highest CAGR during the forecast period. This growth of the environmental control systems market in Asia-Pacific is driven by the increasing air passenger traffic in the region. Increase in disposable income of people and growth in air passenger traffic have resulted in the rise in demand for new aircraft in the region, which, in turn, is fueling the demand for environmental control systems.

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April 25, 2019
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