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Drone Defense System Market Expected to Reach $15,968.2 Million by 2022, at a CAGR of 64.64% from 2016 to 2022 | MarketsandMarkets

Drone Defense System

The report Drone Defense System Market by Application (Drone Mounting, Ground Station), Technology (Identification & Detection, Countermeasures), End User (Military, Commercial, Homeland Security), and Region – Global Forecast to 2022″, The Drone Defense System Market is estimated to grow from USD 801.8 Million in 2016 to USD 15,968.2 Million by 2022, at a CAGR of 64.64% during the forecast period.

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Key factors that are expected to fuel the growth of the Drone Defense System Market are increasing incidences of security breach by commercial drones, and need for the development of countermeasure systems that can safely and quickly detect anti-drones and counter them.

Based on application, the ground station segment is expected to lead the Drone Defense System Market during the forecast period

Based on application, the ground station segment is expected to lead the Drone Defense System Market. Ground station drone defense systems are deployed on ground-based installations such as stadiums and power generation plants. With the increasing number of drone intrusions, the demand for ground station drone defense systems is estimated to rise in power plants, airports, and government and defense facilities.

Based on technology, the identification & detection segment is expected to lead the Drone Defense System Market during the forecast period

Based on technology, the identification & detection segment is expected is lead the Drone Defense System Market. Identification & detection helps in detecting and identifying drones in range by analyzing the data obtained in the detection phase. Identification & detection is mostly used for border security and surveillance purposes. The RF sensing subsegment of the identification & detection segment is estimated to grow at the highest CAGR during the forecast period.

Based on end user, the military segment is expected to lead the Drone Defense System Market during the forecast period

Based on end user, the military segment is expected to lead the Drone Defense System Market during the forecast period. Drone defense systems are being deployed by militaries to be ready for any drone attack. The defense industry across the globe is focusing on the development of systems that are capable of tracking and identifying drones of enemies and counter them.

North America accounted for the largest share of the Drone Defense System Market in 2016

North America dominated the Drone Defense System Market in 2016. Advancements in drone technologies in North America are transforming the way the companies do business and helping them take competitive advantage over other companies. Increasing adoption of drones across various industries and advancements in the drone technology in the region are factors aiding the growth of the Drone Defense System Market in the region.

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Key Market Players

DroneShield (Australia), Dedrone Inc. (U.S.), Thales Group (France), Kelvin Hughes Limited (U.K.), Orelia SAS (France), Advanced Protection Systems Sp. Z.O.O (Poland), Blighter Surveillance Systems Ltd. (U.K.), and Aaronia AG (Germany), among others. 

Don’t miss out on business opportunities in Drone Defense System Market. Speak to our analyst and gain crucial industry insights that will help your business grow.

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their pain points around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 Micro Quadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, “RT” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

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Small Satellite Market by Type, End User, Application and Region – Global Forecast to 2022 | MarketsandMarkets

Small Satellite

The report “Small Satellite Market by Type (Nanosatellite, Microsatellite, Minisatellite), End User (Civil, Defense, Commercial), Application (Earth Observation & Meteorology, Communication, Scientific Research & Exploration), and Region – Global Forecast to 2022“, The small satellite market is estimated to grow from $2.92 Billion in 2017 to $7.53 Billion by 2022, at a CAGR of 20.83% during the forecast period.

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Key factors such as increasing focus on reducing mission costs, rise in demand for earth observation related activities, satellite miniaturization, and satellite cost reduction are expected to fuel the growth of the small satellite market.

Based on type, the minisatellite segment is expected to lead the small satellite market during the forecast period

Based on type, the minisatellite segment is estimated to lead the small satellite market during the forecast period, as these satellites can be used for high precision and complex space missions such as remote sensing, navigation, maritime and transportation management, space & earth observations, disaster management, military intelligence, telecommunications, and other academic purposes.

The earth observation & meteorology application segment is estimated to lead the small satellite market during the forecast period

Based on application, the earth observation & meteorology segment is estimated to lead the small satellite market during the forecast period. Small satellites are capable of monitoring natural or manmade disasters, such as cyclones, earthquakes, landslides, and environmental pollution, among others. Small satellites have computational and communication capabilities, along with competencies in taking decisions about which data to be sent and when.

North America is projected to account for the largest share of the small satellite market in 2017

North America is estimated to lead the small satellite market in 2017. Increasing interest in small satellites due to their low cost, advanced mechanics, and ease of assemble and launch has led to a rise in venture capital-backed funding for small satellites in the region. The small satellite market in the North American region is expected to witness high growth during the forecast period.

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Key Market Players

Boeing (U.S.), Airbus Defense and Space (France), OneWeb (U.S.), Planet Labs (U.S.), Space Exploration Technologies Corporation (U.S.), Sierra Nevada Corporation (U.S.), and Surrey Satellite Technology (U.K.), among others, are the major players in the small satellite market.

Don’t miss out on business opportunities in Small Satellite Market. Speak to our analyst and gain crucial industry insights that will help your business grow.

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, “RT” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

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Electric Aircraft Market Expected to Reach $121.8 Million by 2023, at a CAGR of 4.17% from 2018 to 2023

According to the new market research report on the Electric Aircraft Market by Aircraft Type (Ultralight Aircraft, Light Jet), Component (Battery, Electric Motor), Technology (Hybrid and All Electric), Range (Less than 500 Km and More than 500 Km), and Region – Global Forecast to 2023″, The electric aircraft market is projected to grow from an estimated USD 99.3 Million in 2018 to USD 121.8 Million by 2023, at a CAGR of 4.17% from 2018 to 2023. Low cost of ownership of electric aircraft and advantages of electric aircraft over traditional aircraft are driving the Electric Aircraft Market.

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Target Audience for this Report:

  • Manufacturers of Electric aircraft
  • Providers or Suppliers of Electric Aircraft Parts
  • Manufacturers of Sub-Components
  • Retailers, Distributors, and Wholesalers of Electric Aircraft
  • Technology Support Providers
  • Manufacturers of Defense Components
  • Manufacturers of Aerospace Components
  • System Integrators
  • Governmental Bodies

Based on range, the less than 500 km segment is projected to lead the electric aircraft market during the forecast period

Based on the range, the less than 500 km segment is expected to lead the electric aircraft market during the forecast period. Aircraft can achieve higher range with the introduction of advanced and high capacity batteries in the market. As a result, the electric aircraft with increased range were launched for commercial use. The ultralight electric aircraft available in the market mostly have range from 0 to 500 km. These aircraft are used for recreational and training purposes.

Based on component, the battery segment of the electric aircraft market is projected to witness the highest growth during the forecast period

Based on component, the battery segment of the electric aircraft market is projected to witness the highest growth during the forecast period. Batteries and other storage devices can be installed in the primary structure of the electric aircraft; most electric powered aircraft use lithium-ion batteries. These batteries are economic and can be scaled to build larger systems of several hundred kWh energys capacity.

The Europe region is expected to lead the electric aircraft market during the forecast period from 2018 to 2023

The Europe region is expected to lead the electric aircraft market during the forecast period. The aircraft industry in Europe is aiming to use new advanced materials, such as gamma-titanium aluminides and single crystals, with improved mechanical properties, these advanced engines help aircraft reduce its fuel consumption, carbon emissions, and noise pollution.

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Key Market Players

Major players in the electric aircraft market include Zunum Aero (US), Yuneec International (China), PC Aero (Germany), Pipistrel (Italy), Eviation Aircraft (Israel) Lilium (Germany), Schempp-Hirth (Germany), Volta-Volaré (US), Bye Aerospace (US) and Electric Aircraft Corporation (US) among others.

Don’t miss out on business opportunities in Electric Aircraft Market. Speak to our analyst and gain crucial industry insights that will help your business grow.

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their pain points around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 Micro Quadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, “RT” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:

Mr. Shelly Singh

MarketsandMarkets™ INC.

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Suite 430

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USA: 1-888-600-6441

Email: Newsletter@marketsandmarkets.com

MRO Software Market in Aviation Expected to Reach $4.93 Billion by 2022, at a CAGR of 3.85% from 2017 to 2027

According to the new research report MRO Software Market in aviation by Solution (Enterprise Resource Planning (ERP) Solution, Point Solution), Deployment (Cloud Based, On Premises), End User (Airlines, MROs, OEMs), and Region – Global Forecast to 2022″, The MRO software market in aviation is estimated at USD 4.08 Billion in 2017 and is projected to reach USD 4.93 Billion by 2022, at a CAGR of 3.85% from 2017 to 2022. This growth can be attributed to the increasing use of software by small and medium airlines and MROs.

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The ERP solution segment is projected to be the largest solution segment of the aviation maintenance software market

Based on solution, the aviation maintenance software market has been segmented into ERP and point solutions, which have been further segmented into different MRO software modules. The ERP solution segment is divided into maintenance management, operation management, and business management, mainly driven by the increase in the adoption of integrated ERP software solutions by Tier 1 MROs and airlines.  Increasing demand for digitalization of MRO services is one of the key factors driving the maintenance management modules of the ERP solution segment, which, in turn, is expected to drive the demand in aviation maintenance software.

The cloud based solution deployment of the MRO software market in aviation is projected to grow at a higher CAGR as compared to the on premises solution during the forecast period

Based on deployment, the MRO software market in aviation has been segmented into on premises and cloud based solutions. The on premises solution is the most adopted by Tier 1 and Tier 2 MROs and airlines in the MRO software market in aviation, as the number of employees using this software in Tier 1 and Tier 2 organizations requiring access to MRO software is high as compared to Tier 3 MROs and small airlines. The increase in demand for onsite MRO software by Tier 3 MROs is one of the key factors projected to drive the growth of the MRO software in aviation market in the cloud based solution deployment segment.

Asia Pacific is estimated to be the largest market for MRO software in aviation in 2017

Asia Pacific is estimated to account for the largest share of the MRO software market in aviation in 2017. Countries considered for market analysis in this region include Singapore, China, India, and Japan and rest of the countries in the Asia Pacific region. China is projected to be the leading market for MRO software in aviation in the Asia Pacific region during the forecast period. Increasing deliveries of commercial aircraft and maintenance and repair facilities in China are contributing to the high demand for MRO software in aviation in the Asia Pacific region. In addition, the presence of key MROs and airline maintenance facilities in China is another significant factor influencing the growth of the MRO software market in aviation in the Asia Pacific region.

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Key Market Players

Key companies profiled in the aviation maintenance software market, include AerData (A Boeing subsidiary) (US), HCL Technologies (India), IBM Corporation (US), IFS (Sweden), Oracle Corporation (US), Ramco Systems (India), Rusada (Switzerland), SAP (Germany), Swiss AviationSoftware (Switzerland), and Trax (US), among others. These companies are focusing on the adoption of various growth strategies to enhance their presence in emerging economies worldwide.

Don’t miss out on business opportunities in MRO software market in aviation. Speak to our analyst and gain crucial industry insights that will help your business grow.

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their pain points around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 Micro Quadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, “RT” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:

Mr. Shelly Singh

MarketsandMarkets™ INC.

630 Dundee Road

Suite 430

Northbrook, IL 60062

USA: 1-888-600-6441

Email: Newsletter@marketsandmarkets.com

Remote Sensing Services Market Expected to Reach $21.62 Billion by 2022, at a CAGR of 15.14% from 2017 to 2027 – Exclusive Report by MarketsandMarkets

The report Remote Sensing Services Market by Platform (Satellites, UAVs, Manned Aircraft, and Ground), End User (Defense and Commercial), Resolution (Spatial, Spectral, Radiometric, and Temporal), and Region – Global Forecast to 2022″, The remote sensing services market is estimated to be USD 10.68 Billion in 2017 and is projected to reach USD 21.62 Billion by 2022, at a CAGR of 15.14% during the forecast period. The increasing use of remote sensing services in defense and commercial applications is one of the most significant factors driving the growth of the remote sensing services market. Furthermore, the introduction of Big Data analytics in remote sensing and growth of the cloud computing market are anticipated to fuel the demand for remote sensing services.

Browse 71 Market Data Tables and 30 Figures spread through 124 Pages and in-depth TOC on “Remote Sensing Services Market”

Early buyers will receive 10% customization on this report.

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Based on platform, the satellites segment is expected to lead the remote sensing services market during the forecast period

Based on platform, the satellites segment is expected to lead the remote sensing services market during the forecast period, owing to the increased demand for Earth observation satellites. These satellites are intended for monitoring of the Earth’s surface to obtain valuable information for mapping, mineral exploration, land-use planning, resource management, and other activities.

The UAVs segment of the remote sensing services market is anticipated to grow at the highest CAGR during the forecast period

Based on platform, the UAVs segment of the remote sensing services market is expected to grow at the highest CAGR from 2017 to 2022. UAVs are considered to be the most preferred remote sensing platform. UAV-based remote sensing services are used for large-scale mapping, real-time assessment, and monitoring activities of various applications, such as precision farming, 3D terrain model construction, damage assessment, geohazard mapping, and mineral exploration.

North America is projected to account for the largest share of the remote sensing services market in 2017

North America is estimated to lead the remote sensing services market in 2017. Increasing demand for remote sensing services in various sectors, such as oil & gas, mineral exploration, agriculture, energy & power, earth observation, search & rescue, weather forecasting, scientific research, forest industry, and oceanography is anticipated to drive the growth of the remote sensing services market in North America. In addition, remote sensing services facilitate the collection of multi-source imagery data used in Geographic Information Systems (GIS) as well as for damage assessment and environmental monitoring, which, in turn, is anticipated to contribute to the growth of the remote sensing services market in this region.

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Key Market Players

Antrix Corporation (India), DigitalGlobe (US), EKOFASTBA (Spain), Geo Sense (Malaysia), Mallon Technology (UK), Remote Sensing Solutions (Germany), SpecTIR (US), Satellite Imaging Corporation (US), Terra Remote Sensing (Canada), The Airborne Sensing Corporation (Canada), and The Sanborn Map Company (US) are leading players in the remote sensing services market.

Don’t miss out on business opportunities in Remote Sensing Services Market. Speak to our analyst and gain crucial industry insights that will help your business grow.

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their pain points around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 Micro Quadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, “RT” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:

Mr. Shelly Singh

MarketsandMarkets™ INC.

630 Dundee Road

Suite 430

Northbrook, IL 60062

USA: 1-888-600-6441

Email: Newsletter@marketsandmarkets.com

Drone Logistics and Transportation Market Expected to Reach $29.06 Billion by 2027, at a CAGR of 21.01% from 2022 to 2027 – Exclusive Report by MarketsandMarkets

According to the new market research report “Drone Logistics and Transportation Market by Solution (Warehousing, Shipping, Infrastructure, Software), Sector (Commercial, Military), Drone (Freight Drones, Passenger Drones, Ambulance Drones), and Region – Global Forecast to 2027″, The drone logistics and transportation market is estimated to be USD 11.20 Billion in 2022 and is projected to reach USD 29.06 Billion by 2027, at a CAGR of 21.01% from 2022 to 2027.

Browse 20 market data Tables and 28 Figures spread through 113 Pages and in-depth TOC on “Drone Logistics and Transportation Market”

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The increasing use of unmanned aerial vehicles in civil and commercial applications for faster delivery of goods is one of the most significant factors expected to drive the growth of the drone logistics market. Rising demand for sophisticated industry-specific analytical solutions is also expected to fuel the growth of the drone logistics market.

The shipping segment is projected to grow at the highest CAGR during the forecast period.

Based on solution, the shipping segment of the drone logistics and transportation market is projected to grow at the highest CAGR from 2022 to 2027. Drones can be used to transport a wide range of products, from small packages to medical supplies and food, among others. A lot of investments has been seen in the delivery drone industry by venture capitalists to commercialize the industry. Companies such as Amazon, Google, and Walmart are also engaged in research and development activities to commercialize the use of drones for delivery.

The commercial segment is projected to grow at a higher CAGR during the forecast period.

Based on sector, the drone logistics and transportation market has been segmented into commercial and military. The commercial segment is projected to witness a higher growth rate during the forecast period. Rising interest in the use of unmanned aerial vehicles (UAVs) or drones for the delivery of packages has led to huge investment by venture capitalists in this field. A number of logistics companies, such as UPS and DHL, are looking into using drones for logistics applications. Relaxation of restrictions imposed on the commercial use of UAVs is expected to drive the growth of the drone logistics and transportation market for commercial drones.

The <10kg (Delivery Drones) segment is estimated to lead the drone logistics and transportation market in 2022.

Based on cargo weight, the <10kg (Delivery Drones) sub segment of freight drones segment is estimated to lead the drone logistics and transportation market in 2022. As technology innovations continue, such as dual GPS modules, sense & collision avoidance, dual batteries, and dual flight controllers, the cost of drones is expected to decrease gradually, making drones an even more attractive mode of transporting items.

North America is projected to be the fastest-growing market for drone logistics during the forecast period.

The drone logistics and transportation market in the North America region is projected to grow at the highest CAGR during the forecast period. This growth can be attributed to the high demand for UAVs from the commercial and military sectors of countries in the region, such as the US and Canada. The military budgets of the aforementioned countries are increasing on a yearly basis, which has subsequently led to the adoption of military UAVs, as they can assist in the delivery of heavy payloads.

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Key Market Players

Key players operating in this market include PINC Solutions (US), CANA Advisors (US), Drone Delivery Canada (Canada), DroneScan (South Africa), Hardis Group (France), Infinium Robotics (Singapore), Matternet (US), and Workhorse Group (US).

Don’t miss out on business opportunities in Drone Logistics and Transportation market. Speak to our analyst and gain crucial industry insights that will help your business grow.

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their pain points around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 Micro Quadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, “RT” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:

Mr. Shelly Singh

MarketsandMarkets™ INC.

630 Dundee Road

Suite 430

Northbrook, IL 60062

USA: 1-888-600-6441

Email: Newsletter@marketsandmarkets.com

Military Battery Market Expected to Reach $3.17 Billion by 2023, at a CAGR of 5.57% from 2017 to 2023 – Exclusive Report by MarketsandMarkets

The report “Military Battery Market by Platform (Aviation, Land, Marine, Space, Munition), End User (OEM, Aftermarket), Type (Rechargeable, Non-Rechargeable), Offering, Power Density, Energy Consumption, Application, Composition, and Region – Global Forecast to 2023“, The military battery market is estimated to be USD 2.42 billion in 2018 and is projected to reach USD 3.17 billion by 2023, at a CAGR of 5.57% from 2018 to 2023. Increasing modernization among armies to replace technologically obsolete armaments and increasing use of unmanned vehicles are driving the growth of the market. The growth of the military battery market can be attributed to the various army modernization programs and rising demand for unmanned vehicles in militaries across the world.

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Browse 71 market data Tables and 46 Figures spread through 150 Pages and in-depth TOC on “Military Battery Market”

https://www.marketsandmarkets.com/Market-Reports/military-battery-market-135165088.html

Early buyers will receive 10% customization on this report.

The product offering segment is projected to grow at the highest CAGR during the forecast period.

Based on offering, the product segment of the military battery market is projected to grow at a higher CAGR from 2018 to 2023. The increasing defense procurements in countries such as China, India, are expected to fuel this segment’s growth.

The 100 Wh/Kg segment is projected to grow at the highest CAGR during the forecast period.

Based on power density, the 100 Wh/Kg segment of the military battery market is projected to witness the highest growth during the forecast period. This growth can be attributed to the increasing demand for military vehicles among armies across the world.

The land platform segment is projected to grow at the highest CAGR during the forecast period.

Based on offering, the land segment of the military battery market is projected to grow at the highest CAGR from 2018 to 2023. The increasing defense procurements for army modernizations and procurement of technologically-advanced combat vehicles such as UGVs will drive the land segment.

Asia Pacific is projected to be the fastest-growing market for military battery during the forecast period.

The military battery market in Asia Pacific is projected to grow at the highest CAGR during the forecast period. The growth of the military battery market in Asia Pacific can be attributed to factors such as increasing modernization to replace obsolete weapons, aircraft, and ground vehicles.

Key Market Players

Major players operating in the Military Battery Market include EnerSys (US), Arotech Corporation (US), EaglePicher Technologies (US), Bren-Tronics, Inc. (US), and Saft Groupe (France), among others.

Don’t miss out on business opportunities in Military Battery Market. Speak to our analyst and gain crucial industry insights that will help your business grow.

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their pain points around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 Micro Quadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, “RT” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:

Mr. Shelly Singh

MarketsandMarkets™ INC.

630 Dundee Road

Suite 430

Northbrook, IL 60062

USA: 1-888-600-6441

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Integrated Bridge Systems Market by Platform (Commercial Ships, Naval Warships), Component, Size, Module, Software Providers, Region – Global Forecast to 2021

The report Integrated Bridge Systems Market by Platform (Commercial Ships, Naval Warships), Component (Small Ship IBS, Medium Ship IBS, Large Ship IBS), Size (Small Ships, Medium Ships, Large Ships), Module, Software Providers, Region – Global Forecast to 2021″, The Integrated Bridge Systems (IBS) market is estimated to be valued at USD 5.08 Billion in 2016 and is projected to reach USD 5.60 Billion by 2021, at a CAGR of 1.97% from 2016 to 2021.

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This market is driven by factors such as, the increasing trend in world trade by sea, increasing maritime navigation safety resulting in a reduction in the number of accidents, and growing maritime tourism.

The commercial ships segment is estimated to have the largest market share in the platform market segment.

On the basis of platform, the integrated bridge systems market has been segmented into commercial ships, and naval warships.  The commercial ships segment accounts for the largest market share of the integrated bridge systems market. Since seaborne trade is increasing around the world, it is expected to lead to an increase in demand for commercial ships or vessels.

The large size ships segment accounts for the largest market share in the size segment of the integrated bridge systems market

The integrated bridge systems market on the basis of size is segmented into, small size, medium size, and large size ships. The large size ship segment is estimated to have the largest market share in the integrated bridge systems market on the basis of ship size. This is due to the increasing demand for large ships and large container ships in the world, which are capable of carrying a huge volume of cargo in a single trip. Large ships are a convenient option as it is viable and economical to carry goods in bulk.

The integrated bridge systems market in Asia-Pacific is expected to grow at the highest rate

The integrated bridge systems market is divided into four geographic areas namely, North America, Europe, Asia-Pacific, and the Rest of the World (RoW).  The integrated bridge systems market is led by the Asia-Pacific region, predominantly by China. The shipbuilding industry within the Asia-Pacific region is on the rise, and the key players in the region, such as Korea, China, and Japan are making advances in their technological competencies so as to capture a greater market share of the commercial maritime industry.

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Key Market Players

The key players profiled in the integrated bridge systems market report include, Northrop Grumman Sperry Marine (U.K.), Raytheon Anschutz (Germany), FURUNO Electric Shokai Ltd. (Japan), Transas (Ireland), and L-3 Communications Mapps Inc. (Canada), among others.

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