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Amphibious Vehicles Market worth $3.70 Billion by 2022 ← Exclusive Report by MarketsandMarkets

Amphibious Vehicles

The report Amphibious Vehicle Market by End User (Defense, Commercial), Application (Surveillance & Rescue, Water Transportation, Sports, Excavation), Propulsion (Screw Propeller, Water Jet, Track-Based), and Region – Global Forecasts to 2022″, The amphibious vehicles market is projected to grow from USD 2.39 Billion in 2017 to USD 3.70 Billion by 2022, at a CAGR of 9.13% during the forecast period. The base year considered for the study is 2016 and the forecast period is from 2017 to 2022.

Browse 106 market data tables and 41 figures spread through 180 pages and in-depth TOC on “Amphibious Vehicle Market – Global Forecasts to 2022”

https://www.marketsandmarkets.com/Market-Reports/amphibious-landing-craft-market-53888969.html

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Factors such as increasing demand from defense forces for amphibious combat vehicles owing to rising conflicts, and demand for amphibious excavators for dredging and excavation are some of the factors which are expected to drive the amphibious vehicles market.

Based on application, the excavation segment is projected to witness high growth during the forecast period

Based on application, the excavation segment of the amphibious vehicles market is projected to witness high growth from 2017 to 2022, as these vehicles are used for various purposes such as excavations for bridge or water way constructions, land reclamation, and trash & debris removal.

Based on end user, the commercial segment is projected to witness high growth during the forecast period

Based on end user, the commercial segment of the amphibious vehicles market is projected to witness high growth from 2017 to 2022. This growth can be attributed to the increasing use of amphibious excavators for dredging applications, which are majorly used by governments to carry out maintenance of river beds, swamps, lakes, ponds, and reservoirs.

Based on propulsion, the tack-based segment is projected to witness high growth during the forecast period

Based on propulsion, the track-based segment of the amphibious vehicles market is projected to witness high growth during the forecast period. Tracked armored vehicles enabled with amphibious capabilities are intended for use in amphibious assaults. Such vehicles are used as armored fighting vehicles and personnel carriers and thus reduce dependency on destroyable and easily targeted bridges during conflicts.

Asia-Pacific is expected to be the fastest-growing amphibious vehicles market during the forecast period

The amphibious vehicles market in the Asia-Pacific is expected to grow at the highest CAGR during the forecast period. The prime concern in the Asia-Pacific region is rising terrorism, which drives the demand for the upgradation of surveillance capabilities. This is expected to lead to the growth in demand for amphibious vehicles and is thus expected to drive the market in this region.

Key Market Players

Major players in the amphibious vehicles market include BAE Systems (U.K.), General Dynamics Corporation (U.S.), Lockheed Martin Corporation (U.S.), Rheinmetall AG (Germany), Hitachi Construction Machinery (Europe) N.V. (Netherlands), EIK Engineering Sdn. Bhd. (Malaysia), Wetland Equipment Company, Inc. (U.S.), Wilco Manufacturing LLC (U.S.), and Marsh Buggies Incorporated (U.S.).

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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Aerospace Adhesive & Sealants Market expected to be worth 1 Billion USD by 2023, at a CAGR of 5.4%, from 2018–2023

The [154 Pages Report] “Aerospace Adhesives & Sealants Market by Resin Type (Epoxy, Silicone, PU), Technology (Solvent-based, Water-based), End-use Industry (Commercial, Military, General Aviation), User Type (OEM, MRO), Aircraft Type, and Region – Global Forecast to 2023” The global aerospace adhesives & sealants market size is projected to reach USD 1 billion by 2023, at a CAGR of 5.4%. The aerospace adhesives & sealants market size is estimated to be USD 775 million in 2018. The high demand for lightweight and fuel-efficient next-generation aircraft is fueling the consumption of these adhesives and sealants. These products are used in the interior, exterior, and engine compartments of an aircraft.

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The commercial aerospace segment is estimated to be the largest consumer of adhesives and sealants.

The commercial segment accounts for the dominant share of the overall aerospace adhesives & sealants market. The high demand for commercial aircraft is driving the consumption of such adhesives and sealants in this end-use industry. Boeing and Airbus presently have orders for delivery of over 9,000 commercial aircraft. These factors are anticipated driving the growth of the market during the forecast period.

The demand for epoxy-based aerospace adhesives & sealants is the highest in the market.

Epoxy resins are projected to witness the highest demand resulting in the fastest growth of this segment in the global aerospace adhesives & sealants market. It also accounts for the largest share of the market. Epoxy resin is used widely in aerospace applications due to its properties such as high tensile and shear strength and chemical resistance. It also offers protection against corrosion and can sustain high temperature and pressure environment.

North America is expected to continue its leading position in the aerospace adhesives & sealants market.

North America is likely to account for the largest share within the global aerospace adhesives & sealants market by 2023. The presence of a firmly established aerospace industry and the increasing demand for commercial aircraft. The demand for commercial aircraft is growing significantly with the growth of the airline sector in Asia Pacific and other emerging regions. The key aircraft manufacturers, such as Boeing and Bombardier, are headquartered in North America, catering to a large share of the demand for aircraft.

The key players in the Aerospace Adhesives & Sealants Market are 3M (US), Henkel AG & Co. KGaA (Germany), Huntsman International LLC. (US), PPG Industries Inc. (US), and Cytec Solvay Group (Belgium).

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About MarketsandMarkets

MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications.

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Rocket and Missile Market worth $70.00 Billion by 2022 ← Exclusive Report by MarketsandMarkets

Rocket & Missile Market

The report Rocket and Missile Market by Type (Missile, Rocket), Launch Mode (Surface-to-Surface, Surface-to-Air, Air-to-Air, Air-to-Surface, Subsea-to-Surface), Propulsion (Solid, Liquid, Hybrid, Scramjet, Turbojet, Ramjet) & Region – Global Forecast to 2022″, The rocket and missile market is projected to grow from USD 55.53 Billion in 2017 to USD 70.00 Billion by 2022, at a CAGR of 4.74% during the forecast period. This growth can be attributed to the increasing geopolitical conflicts, war, and terrorism, which are driving the demand for rockets and missiles globally.

Browse 134 market data tables and 45 figures spread through 182 pages and in-depth TOC on “Rocket and Missile Market – Global Forecast to 2022”
https://www.marketsandmarkets.com/Market-Reports/rocket-missile-market-203298804.html

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Based on type, the missile segment is projected to lead the rocket and missile market during the forecast period.

Based on type, the rocket and missile market was dominated by the missile segment in 2017 and is expected to continue its dominance till 2022. Missiles are versatile weapons and can be fired in various modes, angles, and platforms. To inflict maximum damage on adversaries, missiles are now equipped with guidance technologies which enable them hit targets with precision. Developing countries such as China and India, among others, are investing more in ballistic missiles. These countries are investing more in advanced technologies and focusing on manufacturing a wide range of offensive fighting vehicles. For instance, in May 2017, China tested its DF-26 missile which can attack aircraft carriers and air defense batteries with precision. India recently signed a contract with Israel to acquire more than 275 launchers and 5,500 spike missiles. The deal includes transfer of technology to build another 1500 launchers and 30,000 missiles.

Based on launch mode, the surface-to-surface segment is projected to grow at the highest CAGR during the forecast period.

The rocket and missile market has been analyzed and segmented based on launch mode into surface-to-surface, surface-to-air, air-to-air, air-to-surface, and subsea-to-surface. The rocket and missile market is dominated by the surface-to-surface segment. This segment is projected to grow at the highest CAGR during the forecast period, primarily driven by the upgrade and modernization programs, procurement of cruise as well as ballistic missiles, and use of advance guidance systems.

The U.S., China, and India are expected to be lucrative markets for rockets and missiles.

The U.S., China, and India are expected to be the largest rocket and missile markets in the coming years. The U.S. is estimated to dominate the market during the forecast period. This rapid growth can be attributed to the increasing research and development activities undertaken in the region for the development of advanced technology-based designs of man portable warfare systems. The China rocket and missile market is projected to grow at the highest CAGR from 2017 to 2022. China has been investing heavily in the design and development of guided man-portable air defense systems over the last five years.

Key Market Players

Major players in the rocket and missile market are Lockheed Martin Corporation (U.S.), MBDA, Inc. (U.K.), Rafael Advanced Defense Systems (Israel), Thales Group (France), Saab AB (Sweden), Raytheon Company (U.S.), and Kongsberg Gruppen (Norway), among others.

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.

630 Dundee Road

Suite 430

Northbrook, IL 60062

USA: 1-888-600-6441

Email: Newsletter@marketsandmarkets.com

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).

Don’t miss out on business opportunities in Inertial Measurement Unit 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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USA: 1-888-600-6441

Email: Newsletter@marketsandmarkets.com

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.

630 Dundee Road

Suite 430

Northbrook, IL 60062

USA: 1-888-600-6441

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.

630 Dundee Road

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.

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