Untitled

The global autonomous aircraft market sizeis projected to reach USD 16.23 billion by the end of 2027. The rising investments in the development of improved aircraft infrastructure will emerge in favor of market growth. According to a report published by Fortune Business Insights, titled“Autonomous Aircraft Market Size, Share and Industry Analysis, By Aircraft Type (Fixed-Wind and Rotary-Wing), By Component (Hardware and Software), By Technology (Increasingly Autonomous (IA) and Fully Autonomous), By Application (Commercial Aircraft, Air Medical Service, Passenger Air Vehicle, Cargo and Delivery Aircraft, Combat and ISR, Personal Air Vehicle, and Others), and Regional Forecasts, 2020-2027,”the market was worth USD 4.56 billion in 2019 and will exhibit a CAGR of 22.68% during the forecast period, 2020-2027.

The global amphibious aircraft market sizeis expected to experience exponential growth by reaching USD 358.1 million by 2028 while exhibiting an impressive CAGR of 11.71% between 2021 and 2028.

The global tactical data link market sizeis projected to reach USD 9.88 billion by the end of 2027. The increasing investment in technological intervention will emerge in favor of market growth. According to a report published by Fortune Business Insights, titled“Tactical Data Link Market Size, Share and Covid-19 Impact Analysis, by Solution (Hardware, and Software), By Platform (Air, Ground, and Sea), By Application (Command and Control, Intelligence, Surveillance and Reconnaissance (ISR), Electronic Warfare, Radio Communication, and Situational Awareness), and Regional Forecast, 2020 - 2027,”the market was worth USD 6.14 billion in 2019 and will exhibit a CAGR of 9.54% during the forecast period, 2020-2027.

The global aerospace floor panels market sizeis projected to reach USD 107.27 million by the end of 2027. The increasing investment in the research and development of efficient aerospace floor panels will constitute an increase in the overall market size.

The global aircraft sensors market share size projected to reach USD 2.57 billion by the end of 2027. The massive investments in technological integration will bode well for the growth of the market in the coming years.

The global small arms market sizeis projected to reach USD 6.52 billion by the end of 2027.

The global military personal protective equipment market sizeis set to gain impetus from the rising development of lightweight body armor by the defense forces of several countries. The U.S. Army, for instance, developed a new system called Torso and Extremity Protection (TEP) that consists of a blast pelvic protection system, a battle belt, a scalable vest, a modular, and a ballistic combat shirt.

The global advanced combat helmet marketis predicted to reach USD 3.64 billion by 2027, exhibiting a CAGR of 6.73% between 2020 to 2027.

The global marine propeller market size is projected to reach USD 5.34 billion by the end of 2027. The presence of several large scale manufacturers has created a healthy market competition in recent years.

The global antenna, transducer and radome market sizeis likely to exhibit a CAGR of 10.2% between 2020 and 2027.

The global aircraft line maintenance market sizeis expected to reach USD 23.67 billion by 2027, exhibiting a CAGR of 5.06% during the forecast period.

The global inertial navigation system marketsize is projected to reachUSD 16.45 billionby the end of 2027.

The global aviation MRO Software marketsize is expected to reachUSD 8.78 billion by 2027,exhibiting aCAGR of 4.34%during the forecast period.

The global security solutions marketsize is projected to reachUSD 483.62 billion by 2026, exhibiting aCAGR of 8.84%during the forecast period.

The global military aircraft market sizeis projected to reach USD 58.03 billion by 2026.

The global unmanned ground vehicles marketsize is projected to reach USD 7.45 billion by the end of 2026.

The global unmanned underwater vehicles marketsize is projected to reach USD 7.53 billion by the end of 2026.