Raytheon Technologies

Maritime Surveillance Market to grow by USD 1.47 billion from 2022 to 2027 | North America is estimated to account for 33% of the global market growth - Technavio

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Venerdì, Dicembre 1, 2023

NEW YORK, Nov. 30, 2023 /PRNewswire/ -- The maritime surveillance market is estimated to grow by USD 1.47 billion from 2022 to 2027.

Key Points: 
  • NEW YORK, Nov. 30, 2023 /PRNewswire/ -- The maritime surveillance market is estimated to grow by USD 1.47 billion from 2022 to 2027.
  • North America is estimated to account for 33% of the global market growth during the forecast period.
  • This growth can be attributed to the growth of the marine surveillance market is the large number of Americans participating in water-related recreational activities.
  • The expansion of the Chinese naval fleet in critical regions is an emerging trend fueling the global maritime surveillance market growth.

Flight Simulator Market to increase by USD 2.84 billion during 2022-2027, Rising demand for cost-effective virtual training in the aviation industry to drive the growth - Technavio

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Giovedì, Novembre 30, 2023

NEW YORK, Nov. 30, 2023 /PRNewswire/ -- The flight simulator market size is expected to grow by USD 2.84 billion between 2022 and 2027.

Key Points: 
  • NEW YORK, Nov. 30, 2023 /PRNewswire/ -- The flight simulator market size is expected to grow by USD 2.84 billion between 2022 and 2027.
  • The market is segmented by Product Type (Military flight simulator and Commercial flight simulator), Platform (Rotary wing simulator, Fixed wing simulator, and UAV simulator), and Geography (North America, APAC, Europe, South America, and Middle East and Africa).
  • The rising demand for cost-effective virtual training in the aviation industry drives the flight simulator market.
  • The report analyses the market size and growth and provides accurate predictions on the growth of the market.

Military Satellite Payloads and Subsystems Market to increase by USD 2.91 billion during 2022-2027 | The increased seaborne security threats drive market growth - Technavio

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Giovedì, Novembre 30, 2023

NEW YORK, Nov. 29, 2023 /PRNewswire/ -- The military satellite payloads and subsystems market size is expected to grow by USD 2.91 billion between 2022 and 2027.

Key Points: 
  • NEW YORK, Nov. 29, 2023 /PRNewswire/ -- The military satellite payloads and subsystems market size is expected to grow by USD 2.91 billion between 2022 and 2027.
  • However, the growth momentum of the market will progress at a CAGR of 7.97% during the forecast period.
  • The increased seaborne security threats drive market growth.
  • The report analyses the market size and growth and provides accurate predictions on the growth of the market.

Night Vision Goggle Market is Forecast to Reach US$ 3.2 Billion in 2028, Says Stratview Research

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Lunedì, Novembre 27, 2023

DETROIT, Nov. 27, 2023 /PRNewswire/ -- Stratview Research, a global market research firm has launched a report on the night vision goggles market which provides a comprehensive analysis of the global and regional industry forecast, current & emerging trends, segment analysis, and competitive landscape.

Key Points: 
  • These night vision goggles efficiently track the area where soldiers see and can extrapolate the visual information.
  • Concurrently, Asia-Pacific is expected to witness the fastest growth in the night vision goggles market in the coming years.
  • The global market for night vision goggles is characterized by the presence of many players at the global, regional, and country levels.
  • The following are the key players in the night vision goggles market:

Night Vision Goggle Market is Forecast to Reach US$ 3.2 Billion in 2028, Says Stratview Research

Retrieved on: 
Lunedì, Novembre 27, 2023

DETROIT, Nov. 27, 2023 /PRNewswire/ -- Stratview Research, a global market research firm has launched a report on the night vision goggles market which provides a comprehensive analysis of the global and regional industry forecast, current & emerging trends, segment analysis, and competitive landscape.

Key Points: 
  • These night vision goggles efficiently track the area where soldiers see and can extrapolate the visual information.
  • Concurrently, Asia-Pacific is expected to witness the fastest growth in the night vision goggles market in the coming years.
  • The global market for night vision goggles is characterized by the presence of many players at the global, regional, and country levels.
  • The following are the key players in the night vision goggles market:

Cyber Weapon Market to grow by USD 8.08 billion from 2022 to 2027; Growth Driven by Increasing IT security budget- Technavio

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Giovedì, Novembre 23, 2023

The potential growth difference for the cyber weapon market between 2023 and 2027 is USD 8.08 billion.

Key Points: 
  • The potential growth difference for the cyber weapon market between 2023 and 2027 is USD 8.08 billion.
  • The increasing IT security budget is a key factor driving market growth.
  • Buy the full report here
    The high cost of cyber weapon development is a significant challenge restricting market growth.
  • The Security Analytics Market size is estimated to grow by USD 6,512.26 million at a CAGR of 10.15% between 2022 and 2027.

Cyber Security Market size to grow by USD 203.5 billion from 2022 to 2027 | The increase in the use of mobile devices is a key factor driving the market growth - Technavio

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Giovedì, Novembre 23, 2023

Although on-premises security is strong and customizable, its market is declining due to high costs and limitations compared to cloud options.

Key Points: 
  • Although on-premises security is strong and customizable, its market is declining due to high costs and limitations compared to cloud options.
  • Small-medium enterprises prefer cloud-based security for its affordability, leading to reduced adoption of on-premises solutions.
  • These factors are anticipated to boost the growth of the regional cyber security market.
  • Cyber Security Market 2023 – 2027: Market dynamics
    On-premise cybersecurity, initially valued at USD 63.27 billion in 2017 and growing until 2021, faces market decline due to the rising preference for cost-effective cloud-based solutions.

Anti-aircraft warfare market worth $28.6 billion by 2028 - Exclusive Report by MarketsandMarkets™

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Martedì, Novembre 21, 2023

Based on system, the anti-aircraft warfare market has been segmented into weapon system, radar system, electronic warfare system, command and control system and others.

Key Points: 
  • Based on system, the anti-aircraft warfare market has been segmented into weapon system, radar system, electronic warfare system, command and control system and others.
  • It is expected to have a market size of USD 9.2 billion in 2023 and grow at a CAGR of 7.1% to reach USD 12.9 billion in 2028.
  • The Naval segment is estimated to account for the largest share of 55.1% of the anti-aircraft warfare market in 2023.
  • The North American market is going to contribute the largest share of 46% to the anti-aircraft warfare market in 2023.

Anti-aircraft warfare market worth $28.6 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Martedì, Novembre 21, 2023

Based on system, the anti-aircraft warfare market has been segmented into weapon system, radar system, electronic warfare system, command and control system and others.

Key Points: 
  • Based on system, the anti-aircraft warfare market has been segmented into weapon system, radar system, electronic warfare system, command and control system and others.
  • It is expected to have a market size of USD 9.2 billion in 2023 and grow at a CAGR of 7.1% to reach USD 12.9 billion in 2028.
  • The Naval segment is estimated to account for the largest share of 55.1% of the anti-aircraft warfare market in 2023.
  • The North American market is going to contribute the largest share of 46% to the anti-aircraft warfare market in 2023.

Live-fire test success for RTX's Raytheon Lower Tier Air and Missile Defense Sensor

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Lunedì, Novembre 20, 2023

WHITE SANDS MISSILE RANGE, N.M, Nov. 20, 2023 /PRNewswire/ -- Raytheon, an RTX (NYSE: RTX) business, in support of the U.S. Army, completed a live-fire engagement using the advanced, 360-degree Lower Tier Air and Missile Defense Sensor, known as LTAMDS. This milestone is the latest event in a series of ongoing development tests for the radar which will culminate with an operational capability level by the end of the year.

Key Points: 
  • WHITE SANDS MISSILE RANGE, N.M, Nov. 20, 2023 /PRNewswire/ -- Raytheon, an RTX (NYSE: RTX) business, in support of the U.S. Army, completed a live-fire engagement using the advanced, 360-degree Lower Tier Air and Missile Defense Sensor , known as LTAMDS.
  • The test consisted of a cruise missile surrogate flying a representative threat trajectory.
  • "When the LTAMDS contract was awarded four years ago, this was what we told the Army we would deliver: the world's most advanced and highly capable air and missile defense radar," said Tom Laliberty, president of Land and Air Defense Systems at Raytheon.
  • LTAMDS is the next generation air and missile defense radar for the U.S. Army.