Wednesday, January 15, 2020

Airborne Fire Control Radar Market Analysis, Growth Impact and Demand by Regions till 2022

A new report published by Allied Market Research, titled, "World Airborne Fire Control Radar Market by Frequency Band and Geography: Global Opportunity Analysis and Industry Forecast, 2014-2022," forecasts that the world airborne fire control radar market is expected to reach $3,455 million by 2022, growing at a CAGR of 3.9% from 2016 to 2022. X-band segment is expected to witness highest growth rate, while region-wise North America is projected to lead the market during the forecast period.


Over the years, the demand for air and missile radar systems has increased significantly, owing to adoption of active electronically scanned array (AESA)-based systems, rise in concern for border security, automation of defense and surveillance radar systems, increase in military spending in various developing countries and others.


Radar has been extensively used by the defense industry after the Second World War and is now among the crucial component in military communications. High number of advancements in the recent years in radar technologies has given rise to increased flexibility of the tools. This has also resulted in the development of AESA in the airborne fire control radar systems. These types of phased array radar systems are much more precise, making it easier for airborne fire control radar in easy tracking of the target.

Furthermore, territorial conflicts in Asia-Pacific and Middle East & Africa pose a major challenge in today's environment. The cause for such conflicts includes a mix of political and economic interests, normative reasons, and struggle over scarce natural resources. It has been seen in the past that territorial conflicts were the leading cause of war, especially if two countries disagreed over specific parts of territory. Due to this, the countries have secured their borders with effective technologies through air, water, and land; this increase in security concerns gives rise to the demand for airborne fire control radar systems worldwide.

In terms of frequency band, S-band accounted for the maximum revenue share during the forecast period. In addition, X-band airborne fire control radar is expected to grow at the fastest rate.
"By region, Asia-Pacific is projected to be one of the fastest growing airborne fire control radar markets during the forecast period, due to the strong economic growth and rising military expenditure, industrial development, and civil unrest situations in countries including India, Japan, and China," states lead analyst Rohit Sharma, ICT & Media Research, at AMR. North America accounted for majority of the global market share in 2015, and is expected to maintain its dominance during the forecast period.

Key findings of the study
  • In the year 2015, S band segment dominated the overall airborne fire control radar market in terms of revenue, and is projected to grow at a CAGR of 3.3%.
  • North America generated the highest revenue among all regions in 2015.
  • Asia-Pacific is the fastest growing region with India, China, and Japan as the leading countries for airborne fire control radar market.
  • U.S. and China accounted for the majority of the share, in terms of revenue, responsible for nearly 50% of the total market.
  • Lockheed Martin Corporation, Northrop Grumman Corporation, Raytheon Company, SAAB Group, Thales Group, and Airbus Group are leading players in global airborne fire control radar market.
  • They have adopted various strategies such as contracts & agreements, new product launches, expansion, and partnerships to sustain in the market.

Driving factors for the market
  1. Transition towards AESA based systems
  2. Growing security concern due to territorial conflicts
  3. Rising investments in military
  4. Rise in research and development activities
Market Restraints and Opportunities: 
  1. Growing cyber warfare
  2. Incapability of radars in detecting stealth technologies
  3. Increasing usage in commercial application
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Airport Stands Equipment Market Supply, Demand, Cost Structure Analysis By 2023

According to a recent report published by Allied Market Research, titled, Airport stands equipment Market by Type: Global Opportunity Analysis and Industry Forecast, 2017-2023, the global airport stands equipment market was valued at $1,096 million in 2016 and is projected to reach at $1,547 million by 2023, growing at a CAGR of 5.20% from 2017 to 2023.


Continuous rise in global freight and passenger traffic, modernization of airports, and high demand for new aircraft drive the growth of the global airport stands equipment market. However, the long shelf life of airport stand equipment and a dearth of skilled workforce hampers the market growth.
Based on type, the boarding bridges segment led the airport stands equipment market in 2016, and is projected to maintain its dominance in the future. However, the preconditioned air unit segment is expected to witness the highest growth, owing to its increased adoption due to different initiatives taken by countries to reduce the carbon emission of aircraft on the ground.


North America generated the highest revenue in 2016; however, the Asia-Pacific segment is anticipated to witness the fastest growth during the forecast period.

Some of the key players operating in the airport stand equipment market that are profiled in the report include Aero Specialties, Inc., Airport Equipment, FMT Aircraft Gate Support Systems AB, Textron Inc., JBT Corporation, Cavotec SA, ThyssenKrupp AG, ADELTE Group S.L., HDT Global, and ShinMaywa Industries, Ltd.

High Demand for New Aircraft
The surge in demand for new aircraft across the world is projected to drive the growth of the market. For instance, according to Airbus Global Market Forecast, air traffic is expected to double over the next 15 years due to strong and resilient passenger traffic growth. Moreover, this would lead to the deployment of 34,900 new aircraft by 2036, of which 34,170 will be passenger aircraft and 730 will be freighters. Asia-Pacific is expected to account for 41% of the total demand, with the US and Europe jointly representing 36%.

Rise in Greenfield and Brownfield Airport Projects
Greenfield airport project is a terminology defining construction of new airports on greenfield land, whereas brownfield airport involves the modification or upgrade of airports as per the global standards. Continuous rise in greenfield and brownfield airport projects in the developing economies is expected to provide lucrative opportunities for the market. For instance, the airport infrastructure in India has witnessed improvisation and expansion of airports on a massive scale due to the increase in support from private participants.


Driving factors for the market:
  1. Continuous rise in global freight and passenger traffic
  2. Modernization of airports
  3. High demand for new aircraft
Market Restraints and Opportunities:
  1. The long shelf life of airport stand equipment
  2. A dearth of skilled workforce
  3. The rise in greenfield and brownfield airport projects
  4. The rise in focus on non-aviation-related revenue
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Commercial Drones Market key Drivers, Business Insights, Trends and Applications

The Objective of the "Global Commercial Drones Market" report is to depict the trends and upcoming for the Commercial Drones industry over the forecast years. Commercial Drones Market report data has been gathered from industry specialists/experts. Although the market size of the market is studied and predicted from 2016 to 2022 mulling over 2015 as the base year of the market study. Attentiveness for the market has increased in recent decades due to development and improvement in the innovation. A new report published by Allied Market Research projects that the global Commercial Drones Market was valued at $2,145 million in 2015, and is projected to reach $10,738 million by 2022, growing at a CAGR of 26.2% from 2016 to 2022.


The commercial drone market growth is driven by factors such as technological innovation in cameras & sensors and upsurge in application areas of drones. However, factors such as stringent government regulations regarding security & privacy and use of satellite imagery as a substitute to these drones are anticipated to hamper the commercial drone market growth during the forecast period. Increased application areas for commercial drones among various industry verticals and increased market for smartphones is expected to create lucrative opportunities for the commercial drone industry.

In 2014, the rotary blade segment dominated the global commercial drone market with around 71% share. This is attributed to evolution in imaging and sensory capabilities and the development of smart cameras and new interfaces. Furthermore, the hybrid drones segment is projected to witness the highest CAGR of 29.6% during the forecast period, as hybrid drones possess the capabilities of both rotary and fixed-wing drones.


In 2014, the agriculture & environment segment dominated the global market with around 28% share, followed by construction & archaeology. Furthermore, the construction & archaeology segment is projected to grow at the highest CAGR of 29.4% from 2016 to 2022, owing to increase in the need for surveillance of sites, map building, monitoring, project estimation, detailed topographic models, 3D modeling, and reconstruction services.

The commercial drones market is categorized into four regions, namely North America, Europe, Asia-Pacific, and LAMEA. North America was the highest revenue contributor to the global market in 2014, accounting for around 39% share. The Asia-Pacific commercial drones market is projected to grow at the highest CAGR of 29.6% during the forecast period on account of the growing market for the media and entertainment industry, precision agriculture, construction sector, and others in countries such as India, China, Japan, and Australia.

The report features a competitive scenario of the global commercial drones market and provides a comprehensive analysis of key growth strategies adopted by major players. Some of the key players operating in the industry are SZ DJI Technology Co., Ltd., Parrot SA, 3D Robotics, Inc., Leptron Unmanned Aircraft Systems, Inc., PrecisionHawk Inc., Yuneec International Co. Ltd., Aeryon Labs Inc., AeroVironment, Inc., Trimble Navigation Ltd., and Insitu Inc.


Key questions answered in Commercial Drones Market research study:
  • What is the market growth rate of Commercial Drones Market from 2016-2022?
  • What will be the global market size of the market from 2016 to 2022?
  • Who are the leading global manufacturing companies in the Commercial Drones Market?
  • What are the major current trends and predicted trends?
  • What are the challenges faced in the Commercial Drones Market?
  • Which will be the niches at which players profiling with thorough plans, financials, and also recent advancements should set a presence?
  • Which will be the anticipated growth rates for your own Data Masking economy altogether and also for every segment inside?
  • Which will be the Data Masking application and types and forecast accompanied closely by producers?
  • What are the conclusions of the Commercial Drones Market report?
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Thursday, January 9, 2020

Unmanned Ground Vehicle Market Is Projected To Reach $3,358 Million By 2023

According to a new report by Allied Market Research, titled, Unmanned Ground Vehicle Market by size, by mode of locomotion, by operation, by application Type: Global Opportunity and Forecast, 2017-2023, the unmanned ground vehicle market was valued at $1,497 million in 2016 and is projected to reach at $3,358 million by 2023, growing at a CAGR of 11.1% from 2017 to 2023. This is attributed in reference to the reduction in risk of human life, increased demand for UGVs in the civilian application, and impressive vehicle combat performance.


The size segment includes small, lightweight, medium, and heavy. By mode of locomotion, the market is divided into tracked, wheeled, and legged. The operation segment is bifurcated into automated and teleoperated. Based on the application, the market is categorized into defense and commercial.
Reduction in risk of human life and increased demand of unmanned ground vehicles in civilian applications consisting of homeland security and commercial purpose fuel the growth of the market. However, the restricted battery life of vehicles limits the growth.

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The small size UGV segment is projected to grow at the CAGR of around 12.4% during the forecast period. Increased demand of UGVs in civilian applications and high operational efficiency favor market growth.
The wheeled type mode of locomotion of the UGVs segment dominated the market in 2016, followed by the tracked type. Furthermore, these segments collectively accounted for around 96.6% share of the overall unmanned ground vehicle market revenue in 2016. The agriculture sectors providing lucrative options for the wheeled unmanned ground vehicles. In addition, increased use of unmanned vehicles in the mining industry favors unmanned ground vehicle market growth.

By application, the commercial segment is expected to grow at CAGR of around 18.6% followed by the defense segment. These vehicles are used to move material at a mining site, assist in snow removal on a roadside in the winter season, and patrolling thereby favoring the market growth.

Key Findings of the Unmanned Ground Vehicle Market:
  1. The small size UGV segment is expected to grow at the highest CAGR during the forecast period.
  2. The wheeled type segment dominated the unmanned ground vehicle market growth in 2016.
  3. North America was the highest contributor in the overall unmanned ground vehicle market size is 2016; however, in terms of growth, the market in Asia-Pacific is estimated to grow at the highest rate.
  4. The U.S. led in terms of expenditure on unmanned ground vehicles in 2016.


Driving factors for the market
  • Reduction in risk of human life
  • Increased demand in civilian applications
  • Impressive vehicle combat performance
Market Restraints and Opportunities:
  • The cuts in defense budgets
  • Restricted battery life of the vehicles
  • Demand for autonomous control systems
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Explore the Types of Aircraft Batteries


According to Allied Market Research, the aircraft battery market is expected to grow at a significant CAGR from 2018–2025. Increase in demand for auto-powered vehicles in aeronautics industry has worked as a major factor fueling the growth of the aircraft battery market. At the same time, the endorsement of electrical technology in the electrical systems of aircraft also fuels the growth. The fact that aircrafts entail longevity and high energy storage capacity has acted as a stimulus to pave the way for innovation and new opportunities in the industry.

Electric airplanes that tend to use a blend of conventional power and battery come with big advantages over jets that are fuel-powered. They are not only quieter for people living near airports, but the electronic propellers in the planes also pave the way for an easy and smooth flight for passengers. At the same time, the operating cost for electric motors is relatively less than that of fuel-powered engines and thus, electric planes would definitely create room for low-priced airfares for passengers. 

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An environment-friendly component, aircraft battery is also used for a number of other functions than aviation purposes. Enhancing DC bus stability, rearing emergency & ground power, fault clearing etc. are quite a few prominent functions aircraft batteries are used for. 

However, batteries that are commonly used in aviation application are as follows-
Lead Acid- A battery cell of lead-acid comprise a cathode of lead doused in an electrolyte fluid of sulfuric acid and an anode made of lead oxide. In certain cases, the electrolyte is put off in a silica gel or saturated into a glass thread mat to make the battery spill-proof. 

Nickel Cadmium-  When it comes to commercial aircraft, nickel-cadmium batteries are the basic components used in their making. Plastic-covered steel, tinted steel, stainless steel, and titanium are the basic materials a nickel-cadmium battery is consisted of. The cells in the battery are clipped by highly propitious nickel-copper links. Inside the battery case, the cells are properly annexed and connected with each other in terms of line, space and partition. Coming with a ventilation system, the battery lets the overheated gases pass easily and provides cooling while operating in a normal setting.

Lithium-polymer- Lithium Polymer cells, also known as Li-Poly batteries, are rechargeable. Consisting of a cathode of combination material and an anode of graphite, these are used in applications where weight is an important facet. As for an instance, Li-Poly batteries are widely used in the making of radio-controlled aircrafts. 

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Dry charged cell batteries- Commonly known as wet batteries, dry charged cell batteries are mustered with conductors that have been fully charged and desiccated. The conductor is adjoined to the battery when it is placed for functional use.

An amalgamation of cells that converts chemical energy into electrical energy, aircraft battery has an end number of potentials. To sum up, it can be stated that the global aircraft battery market is growing quite rapidly and in the next few years to come, it’s going to flourish yet more.

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Space Agencies Initiate to Launch more Imaging Satellites for Comprehensive Monitoring


Commercial satellite imaging for various industrial purposes to be highly trending. Several Space agencies are on the way to launch imaging satellites for a thorough examination of our planet.


The era of technological advancements has made it possible to easily access the images of our planet, with satellite imagery. With numerous advantages of satellite imagery, humans have found multiple ways of using it commercially. Industries including natural resources, federal, state and local agencies, construction, architecture, and engineering use satellite imagery for various applications. Environmental monitoring, mapping, weather prediction, and archeological surveys are some of the applications for which satellite imagery is used commercially. Since satellites revolve around the Earth, it becomes easy to capture the images repeatedly, to know every fluctuation. On the other hand, the satellite has a greater area of coverage and the digital information provided by it can easily be circulated. In addition, the comprehensive imagery provided by imaging satellites is also used by the government for public projects.

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Other than this, what makes commercial satellite imaging services a preferred choice is its faster image delivery. The growing use of satellite imaging services has fueled the market growth. A report published by Allied Market Research says the global commercial satellite imaging market would grow at a CAGR of 11.2% from 2019 to 2026. The growing dependence on location-based services and vital applications in government and defense services are the major factors that fuel the growth of the global market.

With growing advantages, several space agencies have initiated to launch more of imaging satellites for commercial uses and comprehensive monitoring. Recently, a new imaging satellite has been launched. The Indian Space Research Organization (ISRO), on its 50th mission, launched its brand-new spy satellite, RISAT-2BR1 along with nine other foreign satellites. In which, six satellites are from the United States, and one each from Israel, Italy, and Japan, with an application range from remote sensing to earth imaging. Furthermore, the satellites were launched via the Polar Satellite Launch Vehicle (PSLV). In addition, RISAT-2BR1 is applicable for military purposes, agricultural issues, and disaster management support. The mission has an age of five years. Moreover, the OSLV-C48 launch vehicle took off from Dhawan Space Centre in Sriharikota, Andhra Pradesh.

Following the same trend of imaging satellites, Mitsubishi Heavy Industries (MHI), a giant Japanese satellite and space industry declared to launch Japan’s eight Intelligence Gathering system (IGS) reconnaissance satellite via an MHI H-IIA satellite launch vehicle, in 2020. Furthermore, the operation would take off from the Tanegashima Space Centre in Kagoshima Prefecture, southwest Japan. In addition, an electro-optical camera will be attached to the IGS satellite and it will connect to the already existed seven IGS satellites. The Japanese government follows the aim to place ten IGS satellites at any one time. Furthermore, the Japanese civil Earth observation satellites including the ASNARO system and commercial and allied imagery supplements the IGS imagery system.

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The satellite imagery has been through a long way to reach here. On the other hand, technological advancements providing higher resolutions have fueled commercial satellite imaging. Furthermore, with satellite imaging systems it has been easy to keep an eye on disastrous activities including natural calamities and military attacks. Moreover, satellite imaging provides the latest information regarding uncertainty and offers to take precautions to lessen the damage. On the other hand, a rise in the incorporation of new technologies would offer great opportunities to the commercial satellite imaging market.

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Monday, December 30, 2019

Emergence of Air Taxis Heralds a Better Transportation Worldwide

Air Taxi Market by Propulsion Type, Aircraft Type, and Passenger Capacity: Global Opportunity Analysis and Industry Forecast, 2021-2030, the global air taxi market size is expected to be $817.50 million in 2021, and is projected to reach $6.63 billion by 2030, registering a CAGR of 26.2%.


High-end improvement in technology in the last few years has led toward the emergence of air taxis. As an essential part of future urban potency, electrically driven small aircrafts that lift off and take land actually offer a number of significant advantages. They are a pioneering and fast means of conveyance that necessitate little infrastructure investment along with providing time and cost savings over the entire course. One can easily consider air taxi as a prospective solution that flies over irksome traffic congestions.

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Apart from some obvious benefits like less congestion in major airports as well as on highways, higher suppleness in travel schedules, more barbs for departure and arrival, and lesser operating costs for smaller airlines, there are also a plethora of other benefits that small aircrafts transportation system tends to offer.
When air taxis could dole out an economic boom by snowballing the number of people going for recreation and exploring tourism destinations that are not even near major airports, they also rally round with the housing crux that exists in major cities.
With small aircrafts transport system on board, employees can reside in a wider perimeter around their workplaces or bureaus and travel by light jets. Additionally, there would not be any strict limitation that companies have to be situated in large population hubs only. Once the employees get an easy access to some local airport, the company can have a number of branches in a greater variety of locations. Pliability in business as well as housing location can notably bring down the traffic cramming found near all metropolitan cities in the USA. At the same time, areas that might otherwise have been considered inappropriate or inapt for financial and business development can now have more prospects indeed.


As per the report presented by Allied Market Research, the global air taxi market is projected to grow at a significant CAGR from 2021–2030. Rise in need for a substitute mode of transportation and surge in road traffic congestion drive the growth of the market. On the other hand, strict protocols for aviation license are expected to curb the growth to certain extent. Nevertheless, several government initiatives have almost toned down the restraining factor and knocked up a plethora of new opportunities in the industry.

Briefly, we can define air taxi as a type of plane which is pretty well organized in operations and is intended for little distances to travel. However, the notion of air taxis was first announced in the year 2001 by NASA and aerospace industry study on the dormant Small Aircraft Transportation System (SATS).  Afterwards, with the augmented number of cars on the street followed by the bigger traffic mobbing, the demand for improved and effective transportation system has mounted up in more than one way which, in turn, has topped up the demand for air taxi across the globe. To conclude, it can be stated that the market has started snowballing quite rapidly and in the next few years to come, it’s anticipated to proliferate yet more.

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