The global armored vehicle market size is projected to reach USD 26.12 billion by 2026, exhibiting a CAGR of 5.36% during the forecast period. Steady ramping up of military expenditure by countries will prove beneficial for this market, observes Fortune Business Insights™ in its report, titled “Armored Vehicle Market Size, Share and Industry Analysis, By Platform (Combat Vehicles, Combat Support Vehicles, Unmanned Armored Ground Vehicles), By Mobility (Wheeled, Tracked), By System (Engine, Drive Systems, Ballistic Armor, Turret Drives, Ammunition Handling Systems, Others) and Regional Forecast, 2019-2026”. The latest report by the Stockholm International Peace Research Institute (SIPRI) reveals that in 2019, cumulative global military...
The global automotive airbags market report by Fortune Business Insights, titled, “Global Automotive Airbags Market Size, Share and Industry Analysis, By Application (Knee, Side, Front, Curtain), By Vehicle Type (Passenger Cars, Commercial Vehicles), and Regional Forecasts, 2019-2025.” The market is expected to gain momentum from a rise in the implementation of strict safety rules and regulations for pedestrians and drivers. Additionally, governments of various countries are enforcing OEMs to install airbags in commercial vehicles as well as passenger cars to double the safety features.
Growing Preference for Digitization of Processes to Energize the Market
SpaceX, a renowned aerospace company, recently announced that it has scheduled the launch of 30 rockets from the period of 2020 to 2021. Such an effort is expected to propel the small-satellite industry. These launches are cost-effective and easier as compared to the previous launches that were conventional. One of the major aspects of launching small satellites is that they can carry out regular missions for the U.S. military, as well as for the International Space Station (ISS). Therefore, the rising deployment of small satellites, such as CubeSat, is anticipated to augment the space launch service market growth during the forthcoming years.
The global automotive steering system market size is projected to reach $25.4 billion by 2026, exhibiting a CAGR of 5.2% during the forecast period. However, the market was valued at $17.1 billion in 2018. This information is published in a recent study by Fortune Business Insights™, titled, “Global Automotive Steering System Market Size, Share & Industry Analysis, By Type (Electric Power Steering (EPS), Hydraulic Power Steering (HPS), Manual, Electro-Hydraulic Power Steering (EHPS)), By Vehicle Type (Passenger Cars, Light Commercial Vehicles, Heavy Commercial Vehicles), and Regional Forecasts, 2019-2026.” As per the study, the increasing usage of hybrid loader and construction machinery across the world has resulted in the rising...
According to the report, published by Fortune Business Insights, in a report, titled “Global Small Satellite Market Size, Share & Industry Analysis, Type (Mini Satellite, Micro Satellite, and Nano Satellite), By Component (Structure, Payload, Electric Power System, Solar Panel and Antenna Systems, Propulsion Systems, and others), By Application (Communication, Earth Observation, Navigation, Technology Development, and Others), By End User (Commercial, Military, Civil, and Government) and Regional Forecast, 2019-2026” the market size was valued at USD 4.18 Billion in 2018.
The U.S small caliber ammunition market size is projected to reach USD 2,330 million by 2026, thereby exhibiting a CAGR of 0.76% during the forecast period. This information is published in a recent study by Fortune Business Insights™, titled, “The U.S Small Caliber Ammunition Market Size, Share & Industry Analysis, By Caliber (22 LR, 223 Remington, 308 Winchester, 9mm Luger, 357 Magnum, 45 Auto/ACP, 380 ACP, 40 S&W, 38 Special, 30-06 Springfield, 7.62*39, 7.62*54r, 5.45*39, 50 BMG, 6.5 Grendel, 12 Gauge, 44 Magnum, and Others), Casing Type (Brass, Steel, Brass-coated Steel), Bullet Type (Lead, Copper, Brass, and Others), Distribution Channel (Online Stores, Retail Stores (Large Outlets, Shooting Ranges, and Local/ Niche Shops)), and...
The global avionics market size is likely to gain impetus from the advent of IoT in the aviation industry worldwide. Fortune Business Insights™ in their report titled, “Global Avionics Market Size, Share & Industry Analysis, By System (Hardware Systems (Flight Management System (FMS), Communication, Navigation, and Surveillance (CNS), Electrical System, Emergency System, Mission & Tactical System, Health Monitoring System, Inflight Entertainment System, Collision Avoidance System, Weather System) and Software Systems), Platform (Commercial, Military, Business Jets, General Aviation, and Helicopters), End-Use (OEM and Aftermarket), and Regional Forecast, 2019-2026,” elaborately discusses the market and its major growth trajectories...
The global military antenna market size is projected to reach USD 7.84 billion by 2026, thereby exhibiting a CAGR of 6.98% during the forecast period. However, the market was valued at USD 4.57 billion in 2018. Fortune Business Insights™ published this information in a recent report, titled, “Global Military Antenna Market Size, Share & Industry Analysis, By Frequency (High Frequency, Ultra-High Frequency, Super High Frequency, and Extremely High Frequency), By Type (Dipole Antennas, Aperture Antennas, Travelling Wave Antennas, Loop Antennas, and Array Antennas), By Platform (Airborne, Marine, and Ground), By Application (Communication, Surveillance, SATCOM, Electronic Warfare, and Telemetry), and Regional Forecast, 2019-2026.”
According to a new report published by Fortune Business Insights™, titled “Global 5G in Aviation Market Size, Share & Industry Analysis, By Platform (5G Airport and 5G Aircraft), Technology (FWA, URLLC/MMTC, and eMBB), Communication Infrastructure (Small Cell, Radio Access Network (RAN) and Distributed Antenna Systems (DAS)), 5G Services (Airport Operations, and Aircraft Operations), and Regional Forecast, 2019-2026”, the market value stood at USD 0.2 billion in 2019.