Augmented and Virtual Reality (AR VR) Market in Aviation worth $1,372 million by 2025
MarketsandMarkets projects the global Augmented and Virtual Reality Market in Aviation to grow from USD 78 million in 2019 to USD 1,372 million by 2025, at a CAGR of 61.2% from 2019 to 2025. One of the major factors driving the market growth is the reduced chances of human error.
Augmented reality (AR) technology permits computer-generated data or imagery to overlay physical...
Synthetic Aperture Radar Market Overview, Forecast & Business Opportunities till 2022
This report provides an analysis of the Synthetic Aperture Radar Market from 2017 to 2022. It discusses industry and technology trends that are currently prevailing in the synthetic aperture radar market. It analyzes factors that drive and restrain the growth of the synthetic aperture radar market as well as challenges faced by it. The synthetic aperture radar market is projected to grow...
Business growth prospects of the Global Military Lighting Market by 2023
The report “Military Lighting Market by Application (Ground, Marine, and Airborne), Technology (LED, and Non-LED), Solution (Hardware, Software, and Services), and Region (North America, Europe, Asia Pacific, Middle East, Rest of the World) – Global Forecast to 2023″, The military lighting market is projected to grow from an estimated USD 484.5 million in 2018 to USD 615.2...
Sonar System Market worth $3.7 billion by 2023
The sonar system market is projected to grow from USD 2.6 billion in 2018 to USD 3.7 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 6.98% from 2018 to 2023. The major factors driving the growth of the market are the increasing global seaborne trade activities, growing requirement of shipowners to comply with the maritime safety norms, and flourishing maritime tourism sector.
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SATCOM Equipment Market for space size will up CAGR 16.8%
The SATCOM equipment market for space is projected to grow from USD 2.8 billion in 2019 to USD 7.0 billion by 2025, at a CAGR of 16.8% from 2019 to 2025. The market is expected to witness substantial growth in the North American and Asian Pacific regions during the forecast period due to increasing satellite launches in these regions. Countries such as China and India are heavily invested in the development...
Air-To-Air Refueling Market expected to reach $692 billion by 2025 at a CAGR of 4.3%
MarketsandMarkets
expects
the Global Air-to-Air
Refueling Market to grow from USD 537 million in 2019 to USD 692 million by 2025,
at a CAGR of 4.3% from 2019 to 2025. Factors, such as increasing defense
expenditure of countries and increase in the procurement of combat aircraft are
some of the major drivers for the market.
Air-to-air refueling is the
method of transferring fuel from one aircraft...
What to Expect from the Aircraft Refurbishing Market in Next Five Years
Refurbishment of the aircrafts has become a commonplace scenario for the past decade. In fact, the line between a brand new and refurbished aircraft has started to get thinner by the day. Many airlines owners prefer reusing their previous models with the required modifications. This trend is gaining popularity across the globe, which has contributed to the boost in the global aircraft refurbishing...