The Transition to More Electric Aircrafts and Its Market Impact (2022-2027)

The Global More Electric Aircraft Market is set to witness remarkable expansion, with a projected growth from USD 4.1 billion in 2022 to USD 7.3 billion by 2027, reflecting a robust Compound Annual Growth Rate (CAGR) of 12.6% during the forecast period. The report, titled “More Electric Aircraft Market by Application (Power Generation, Power Distribution, Power Conversion, Energy Storage),...

A $115.4 Billion Satellite Ground Station Forecast with 13.4% CAGR Growth

In an era where connectivity and data are at the core of Global operations, the Satellite Ground Station (SGS) Market is experiencing an unprecedented surge, projected to leap from $61.5 billion in 2023 to an impressive $115.4 billion by 2028. This remarkable growth, at a Compound Annual Growth Rate (CAGR) of 13.4%, is propelled by the escalating demand for secure and efficient satellite...

Workforce Management Market Size, Trends, Drivers & Opportunities | MarketsandMarkets™

According to a research report “Workforce Management Market by Component, Solution (Time and Attendance Management, Workforce Scheduling, Leave and Absence Management), Service, Deployment Type, Organization Size, Vertical, and Region – Global Forecast to 2025″ published by MarketsandMarkets, The global workforce management market size is expected to grow from USD...

A Forecast of USD 2.8 Billion with 8.2% CAGR in the Weather Forecasting Services Market by 2028

In an era where precision and preparedness can significantly mitigate risks and enhance operational efficiencies, the Weather Forecasting Services Market is witnessing a robust growth trajectory. Expected to swell from USD 1.9 billion in 2023 to USD 2.8 billion by 2028, this market is on a path to register an impressive CAGR of 8.2% during the forecast period. This burgeoning growth is largely...

A Forecast Analysis of the Remote Weapon Station Market’s Journey to $7.5 Billion

In a recent market research report titled “Remote Weapon Station Market by Application (Military, Homeland Security), Platform (Land, Airborne, Naval), Weapon Type (Lethal, Non-lethal), Mobility (Moving, Stationary), Technology, Component, and Region – Global Forecast to 2027,” the remote weapon station market is anticipated to witness substantial growth, projecting an increase...

Automotive TIC Market Size, Share, Industry Trends and Global Forecast 2028

Automotive TIC Market
The global automotive TIC market is projected to grow from USD 17.7 billion in 2023 to USD 20.9 billion by 2028, registering a CAGR of 3.4%. The growing demand of safer, efficient and fuel-efficient mobility alternative is expected to drive the demand for automotive TIC services around the world. For instance, the demand for TIC services for automotive components such as EV Battery, EV Motors,...

UTM Market Trends in a $1.1 Billion Landscape

The Global Unmanned Traffic Management (UTM) Market is poised for remarkable growth, projected to reach a staggering $1,098 million by 2030, reflecting a robust CAGR of 33.9% from its 2022 value of $106 million. This revelation comes from a comprehensive report titled “Unmanned Traffic Management (UTM) Market by Component (Solutions, Software, Services), Type (Persistent, Non-Persistent),...

Autonomous Last Mile Logistics: A Global Perspective on the $4.2 Billion Industry

The latest market research report on the Autonomous Last Mile Delivery Market forecasts a robust growth trajectory, estimating its value at USD 0.9 billion in 2023 and projecting a remarkable surge to USD 4.2 billion by 2030, boasting a Compound Annual Growth Rate (CAGR) of 22.7%. The market has witnessed accelerated development, driven by key factors such as the booming e-commerce sector...

Small Satellite Market Soars: USD 7.0 Billion by 2028, A 16.8% Growth Trajectory

The Small Satellite Market is projected to experience substantial growth, reaching a valuation of USD 7.0 Billion by 2028, with a Compound Annual Growth Rate (CAGR) of 16.8% during the forecast period (2023-2028). Key factors contributing to this growth include a significant reduction in launch costs and the emergence of dedicated small satellite launch providers, driven by advancements...

In-Flight Innovation: Electronic Flight Displays and Traffic Management Systems Driving a 9.5% CAGR in Avionics

The Avionics Market is estimated to grow to USD 81.8 billion by 2030, from USD 43.4 billion in 2023, at a CAGR of 9.5% from 2023 to 2030. North America is estimated to account for the largest share of the avionics market in 2023. The avionics market, a pivotal segment within the aerospace industry, refers to the integration of electronic systems in aircraft, encompassing navigation, communication,...