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Artificial Intelligence in Military Market by Size, Growth, Trends, Solution, Platform, Application and Region – Global Forecast to 2025.

The Artificial Intelligence in Military Market Report provides an analysis of the market from 2017 to 2025. It discusses industry and technology trends currently prevailing in the market, along with drivers, challenges, and opportunities. The Artificial Intelligence in Military Market is estimated to be USD 6.26 Billion in 2017 and is projected to reach USD 18.82 Billion by 2025, at a CAGR of 14.75% from 2017 to 2025. 

Increasing investment towards the development of AI integrated systems and rising adoption of cloud-based applications are key factors projected to drive the growth of the artificial intelligence in military market.

Browse 67 market data Tables and 46 Figures spread through 149 Pages and in-depth TOC on “Artificial Intelligence in Military Market – Global Forecast to 2025”

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Based on platform, the land segment is projected to lead the artificial intelligence in military market.

Based on platform, the land segment is expected to lead the artificial intelligence in military market from 2017 to 2025. Militaries worldwide are focused on the integration of AI with land platforms. The incorporation of AI technology into unmanned ground vehicles assists in the successful execution of various ground operations, such as disabling Improvised Explosive Devices (IEDs) and other kinds of roadside bombs intended to cripple military patrols and convoys.

Based on offering, the software segment of the artificial intelligence in military market is expected to grow at the highest CAGR during the forecast period.

Based on offering, the artificial intelligence in military market has been segmented into hardware, software, and services. The software segment of the artificial intelligence in military market is projected to grow at the highest CAGR during the forecast period. The growth of the software segment can be attributed to the significance of AI software in strengthening the IT framework to prevent incidents of security breach.

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The US is projected to lead the artificial intelligence in military market during the forecast period.

Based on country, the US is estimated to account for the largest share of the artificial intelligence in military market in 2017. This growth can be attributed to the need for automated warfare systems, the involvement of the military in asymmetric warfare, and various modernization programs carried out by the US Armed Forces, which, in turn, has enabled major defense manufacturers in this country to develop techno-efficient AI systems for military operations.

Key players operating in the artificial intelligence in military market are Lockheed Martin (US), Raytheon (US), Northrop Grumman (US), IBM (US), Thales Group (France), General Dynamics (US), NVIDIA (US), and BAE Systems (UK).

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Browse Related Reports

Space Robotics Market by Solution, Services (Satellite Servicing, On-orbit Assembly & Manufacturing, De-orbiting Services, Re-supply, Surface Mobility, & Launch Support), Application, End-User, and region – Global Forecast to 2023

https://www.marketsandmarkets.com/Market-Reports/space-robotic-solution-market-61497036.html

Military Robots Market by Platform (Land, Marine, Airborne), Application (ISR, Search and Rescue, Combat Support, Transportation, EOD, Mine Clearance, Firefighting), Mode of Operation (Human Operated, Autonomous), and Region – Global Forecast to 2022

https://www.marketsandmarkets.com/Market-Reports/military-robots-market-245516013.html

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 7500 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.

Inertial Measurement Unit Market expected to reach $21.74 Billion by 2022, at a CAGR of 5.72% from 2017 to 2022 – Exclusive Report by MarketsandMarkets

Inertial Measurement Unit

The report “Inertial Measurement Unit Market by Grade (Marine, Navigation, Tactical, Space, Commercial), Technology (RLG, FOG, MEMS), Application (Consumer Electronics, Aircraft, Missile, Marine, UAV, UGV, UMV), Component, and Region – Global Forecast to 2022“, published by MarketsandMarkets™, the market is projected to grow from an estimated USD 16.46 Billion in 2017 to USD 21.74 Billion by 2022, at a CAGR of 5.72% during the forecast period.

Browse 127 Market Data Tables and 34 Figures spread through 169 Pages and in-depth TOC on “Inertial Measurement Unit Market – Global Forecast to 2022”

http://www.marketsandmarkets.com/Market-Reports/inertial-measurement-unit-market-148851976.html

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Based on application, the space launch vehicle segment is estimated to be the fastest-growing application segment during the forecast period.

The space launch vehicle segment is estimated to be the fastest-growing application segment in the inertial measurement unit market during the forecast period. This growth is attributed to an increase in satellite launches and increasing space research and exploration activities.

Based on grade, the commercial grade segment holds the largest share.

Commercial grade inertial measurement units include consumer grade inertial measurement units and enterprise grade inertial measurement units. Consumer grade inertial measurement units are used for low-end applications such as phones, tablets, automobile airbag systems, etc. while enterprise grade inertial measurement units are used in small UAVs. The growth of the commercial grade segment can be attributed to the widespread use of compact MEMS inertial measurement units in consumer electronic products as well as automotive and industrial applications.

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Based on technology, the MEMS segment holds the largest share in the inertial measurement unit market.

Based on technology, the MEMS segment held the largest market share in 2016. The large share can be attributed to technological advancements in MEMS that are resulting in its increased applicability in small aircraft and unmanned applications.

Asia Pacific is expected to be the largest market for inertial measurement units during the forecast period.

Asia Pacific is estimated to be the fastest-growing market during the forecast period. The growth is largely due to an increase in defense budgets of emerging countries such as India and China; the backing provided by these countries to develop homegrown technologies for the manufacture of missiles, fighter aircraft, and UAVs; and rise in the number of commercial aircraft manufacturers in the region.

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Key Market Players

Honeywell (US), Northrop Grumman (US), Safran Electronics & Defense (France), Bosch (Germany), and STMicroelectronics (Switzerland). These key players offer inertial measurement units based on various technologies such as MEMS, Ring Laser Gyro (RLG), and Fiber Optics Gyro (FOG).

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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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Target Acquisition Systems Market by Subsystem, Platform (Land, Airborne, Naval), End Use (Military, Homeland Security), Range, and Region – Global Forecast to 2024

Target Acquisition Systems

The Target Acquisition Systems Market Report provides an analysis of the market from 2019 to 2024. It discusses industry and technology trends currently prevailing in the market, along with drivers, challenges, and opportunities. The target acquisition systems market is projected to grow from $11.9 billion in 2019 to $15.5 billion by 2024, at a CAGR of 5.46% from 2019 to 2024.

Browse 93 market data Tables and 43 Figures spread through 147 Pages and in-depth TOC on “Target Acquisition Systems Market”

https://www.marketsandmarkets.com/Market-Reports/target-acquisition-system-market-89317342.html

The target acquisition systems market in Asia Pacific is expected to witness substantial growth during the forecast period due to the high focus on modernization of soldiers and armored vehicles and increasing procurement of target acquisition systems in China and India. Additionally, increase in defense expenditure by India and China and the expansion of military capabilities by emerging nations have accelerated the demand for target acquisition systems for different platforms such as land, airborne, and naval platforms.

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Based on platform, the naval segment is expected to grow at the highest CAGR during the forecast period.  The growth of this segment can be attributed to the procurement of widely used target acquisition systems, such as destroyers, corvettes, frigates, offshore patrol vessels, unmanned surface vessels, and amphibious ships.

Based on end use, the military segment of the target acquisition systems market is expected to grow at a higher CAGR as compared to the homeland security segment during the forecast period. The growing use of unmanned systems for surveillance is expected to drive the demand for the target acquisition systems used in ISR applications. The US has a large contribution to the military modernization programs, and companies focus on the US as it has a huge defense budget.

Based on sub-system, the detecting & locating systems segment of the target acquisition systems market is expected to grow at the highest CAGR during the forecast period. Increase in demand for advanced laser rangefinders, laser target designators, and target acquisition radars/tracking radars, among others for various platforms, such as land, airborne, and naval is expected to drive this segment. These systems are designed to assist weapon systems and forward observers in striking their targets.

Based on range, the short range (0–8 km) segment is expected to grow at the highest CAGR during the forecast period. The growth of this segment can be attributed to the increasing demand for short range target acquisition systems for greater accuracy as compared to long-range artillery systems.

North America is expected to be one of the largest markets for target acquisition systems in the near future due to the high demand from the US Department of Defense. Target acquisition systems are integrated into larger advanced platforms applications such as armored vehicles, surveillance towers, combat ships, combat aircraft, Unmanned Surface Vehicles (USVs), and Unmanned Aerial Vehicles (UAVs). Various US defense companies are manufacturing advanced weapon systems with integrated target acquisition systems. All these factors are leading to increasing demand for target acquisition systems in North America.

Key Market Players

Major players operating in the target acquisition systems market include companies, such as Hensoldt (Germany), Elbit Systems (Israel), Israel Aerospace Industries (Israel), Aselsan A.S. (Turkey), Rheinmetall (Germany), BAE Systems (UK), and Leonardo (Italy), and Raytheon Company (US).

Don’t miss out on business opportunities in Target Acquisition Systems 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.

Contact:

Mr. Shelly Singh

MarketsandMarkets™ INC.

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Email: Newsletter@marketsandmarkets.com

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.

Contact:

Mr. Shelly Singh

MarketsandMarkets™ INC.

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Suite 430

Northbrook, IL 60062

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”

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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

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

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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

Email: Newsletter@marketsandmarkets.com

Aircraft Survivability Equipment Market Expected to Reach $4.62 Billion by 2022, at a CAGR of 5.49% from 2017 to 2022

According to the market research report Aircraft Survivability Equipment Market by Platform (Combat aircraft, Combat helicopter, Special mission aircraft, UAV), Subsystem (Electronic Support, Electronic Attack, Non-combat systems), Fit (Line fit, Forward Fit) and Region – Global Forecast to 2022″, The aircraft survivability equipment market is projected to grow from USD 3.54 Billion in 2017 to USD 4.62 Billion by 2022, at a CAGR of 5.49% from 2017 to 2022.Replacement of legacy systems with advanced combat systems, increase in asymmetric warfare, and the threat of advanced infrared (IR) and radio-frequency (RF) targeting systems are the major factors driving the aircraft survivability equipment market.

Browse 68 Market Data Tables and 46 Figures spread through 138 Pages and in-depth TOC on “Aircraft Survivability Equipment Market”

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Based on platform, the UAV segment is projected to grow at the highest CAGR during the forecast period

Based on platform, the UAV (unmanned aerial vehicle) segment of the aircraft survivability equipment market is estimated to witness the highest growth rate during the forecast period. UAVs are remotely piloted aerial vehicles that have significant roles in the defense as well as commercial sectors. These aerial vehicles, also commonly termed as drones, are widely used for varied missions, such as border surveillance, mapping, surveying, weather determination, law enforcement, and targeted attack by the military. The military UAVs use ASE for protection against various known and unknown threats.

Based on subsystem, the electronic support segment is estimated to witness the highest growth during the forecast period

Based on subsystem, the electronic support segment of the aircraft survivability equipment market is projected to grow at the highest CAGR during the forecast period. The growth of this segment can be attributed to the increasing need to protect aircraft against missiles and other such threats. IFF (Identification, Friend or Foe), RWR (Radar Warning Receiver), LWS (Laser Warning System), and MWS (Missile Warning System) are the major systems included in the electronic support segment.

Based on fit, the forward fit segment is estimated to witness a higher growth rate than the line fit segment during the forecast period

Based on fit, the forward fit segment of the aircraft survivability equipment market is projected to grow at a higher CAGR than the line fit segment during the forecast period. The anticipated higher growth rate of the forward fit segment is due to the huge number of aging aircraft that will need to be upgraded with advanced systems.

The Middle East market is expected to witness the highest growth during the forecast period

Among regions, the Middle East aircraft survivability market is projected to grow at the highest CAGR during the forecast period. Increasing revenue from oil exports, GDP growth, growing tension between the US and Iran, and the ongoing war in Syria have considerably increased the military spending of countries in the Middle East region.

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Key Market Players

Major companies profiled in the Aircraft Survivability Equipment Market report are Northrop Grumman Corporation (US), Orbital ATK, Inc. (US), Thales Group (France), Chemring Group PLC (UK), Saab AB (Sweden), BAE Systems (UK), and Israel Aerospace Industries Ltd. (Israel), among others.

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