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Simulators Market worth $26.1 billion by 2028 - Exclusive Report by MarketsandMarkets™

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Tuesday, January 23, 2024

The demand for customized and hands-on training experiences, coupled with evolving regulatory standards, further fuels the growth of training services.

Key Points: 
  • The demand for customized and hands-on training experiences, coupled with evolving regulatory standards, further fuels the growth of training services.
  • As industries prioritize continuous skill development, the training services segment is poised for substantial expansion, presenting lucrative opportunities in the dynamic simulator market.
  • By platform, the Simulator market for the maritime segment is projected to grow at the highest CAGR during the forecast period.
  • Simulators catering to passenger ship scenarios offer comprehensive training for navigation, crisis management, and evacuation procedures, addressing the industry's evolving needs.

Simulators Market worth $26.1 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Tuesday, January 23, 2024

The demand for customized and hands-on training experiences, coupled with evolving regulatory standards, further fuels the growth of training services.

Key Points: 
  • The demand for customized and hands-on training experiences, coupled with evolving regulatory standards, further fuels the growth of training services.
  • As industries prioritize continuous skill development, the training services segment is poised for substantial expansion, presenting lucrative opportunities in the dynamic simulator market.
  • By platform, the Simulator market for the maritime segment is projected to grow at the highest CAGR during the forecast period.
  • Simulators catering to passenger ship scenarios offer comprehensive training for navigation, crisis management, and evacuation procedures, addressing the industry's evolving needs.

Maritime Surveillance Market to grow by USD 1.47 billion from 2022 to 2027 | Airbus SE, BAE Systems Plc, Elbit Systems Ltd. and more among the key companies in the market - Technavio

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Tuesday, December 12, 2023

NEW YORK, Dec. 11, 2023 /PRNewswire/ -- The maritime surveillance market is estimated to grow by USD 1.47 billion from 2022 to 2027.

Key Points: 
  • NEW YORK, Dec. 11, 2023 /PRNewswire/ -- The maritime surveillance market is estimated to grow by USD 1.47 billion from 2022 to 2027.
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    The growing marine threats are the major factor that drives the global maritime surveillance market growth.
  • The expansion of the Chinese naval fleet in critical regions is an emerging trend fueling the global maritime surveillance market growth.
  • The trade surveillance systems market size is expected to increase to USD 878.49 million from 2021 to 2026, at a CAGR of 16.7%.

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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Friday, December 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.

Aerostructures Market to increase by USD 23.71 billion from 2023 to 2028; Growing air passenger traffic to drive the growth- Technavio

Retrieved on: 
Monday, November 20, 2023

NEW YORK, Nov. 20, 2023 /PRNewswire/ -- The aerostructures market size is expected to grow by USD 23.71 billion from 2023 to 2028.

Key Points: 
  • NEW YORK, Nov. 20, 2023 /PRNewswire/ -- The aerostructures market size is expected to grow by USD 23.71 billion from 2023 to 2028.
  • Growing air passenger traffic is notably driving the market growth.
  • The global economic development in countries like India, China, and Indonesia has led to a significant increase in air passengers worldwide.
  • The report analyses the market size and growth and provides accurate predictions on the growth of the market.

Critical Incident Monitoring UAV Market to increase by USD 2.57 billion from 2023 to 2028- Technavio

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Thursday, November 9, 2023

NEW YORK, Nov. 9, 2023 /PRNewswire/ -- The critical incident monitoring UAV market is expected to grow by USD 2.57 billion between 2023 and 2028.

Key Points: 
  • NEW YORK, Nov. 9, 2023 /PRNewswire/ -- The critical incident monitoring UAV market is expected to grow by USD 2.57 billion between 2023 and 2028.
  • The report analyses the market size and growth and provides accurate predictions on the growth of the market.
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    The benefits offered by the UAVs for public safety applications drive the market.
  • Increased product launches of critical incident monitoring UAVs are a primary trend in the market.

Command and Control Systems Market size to increase by USD 4.02 billion during 2023-2028; Growing use of command and control systems in civil applications to drive growth - Technavio

Retrieved on: 
Thursday, November 9, 2023

NEW YORK, Nov. 9, 2023 /PRNewswire/ -- The command and control systems market size is expected to grow by USD 4.02 billion between 2023 and 2028.

Key Points: 
  • NEW YORK, Nov. 9, 2023 /PRNewswire/ -- The command and control systems market size is expected to grow by USD 4.02 billion between 2023 and 2028.
  • The report analyses the market size and growth and provides accurate predictions on the growth of the market.
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    The growing use of command and control systems in civil applications drives the command and control systems market.
  • The Automotive Touch Screen Control Systems Market Size is estimated to grow at a CAGR of 5.46% between 2022 and 2027.

Airborne Radars Market - Global Forecast to 2028: Demand for Phased Array Radars for Enhanced Operational Efficiency to Drive Market - ResearchAndMarkets.com

Retrieved on: 
Tuesday, October 17, 2023

This report provides valuable insights for market leaders and newcomers alike in the airborne radars market.

Key Points: 
  • This report provides valuable insights for market leaders and newcomers alike in the airborne radars market.
  • North America is anticipated to hold the largest share in the airborne radars aircraft market in 2023, encompassing the US and Canada within this region.
  • The North American airborne radars market has seen significant growth recently, driven by a proactive approach to advancements and substantial investments in research and development within the airborne radars sector, poised to transform the radar market.
  • Several factors, including the growing demand for airborne weather monitoring and technological innovations in airborne radar systems, are expected to propel the airborne radars market.

Electronic Warfare Market size to grow by USD 6.36 billion during 2022-2027| Increasing use of UAVs in electronic warfare to drive the market growth- Technavio

Retrieved on: 
Wednesday, September 27, 2023

The electronic warfare market is driven by the increasing importance of CREW (Counter Radio-Controlled Improvised Explosive Device) systems.

Key Points: 
  • The electronic warfare market is driven by the increasing importance of CREW (Counter Radio-Controlled Improvised Explosive Device) systems.
  • The report analyses the market size and growth and provides accurate predictions on the growth of the market.
  • Electronic Warfare Market 2023 – 2027: Market Dynamics:
    Trend – The market trends indicate notable progress in electronic warfare equipment, largely attributed to advancements in algorithms and software.
  • DRFM Market : The DRFM market is estimated to grow at a CAGR of 6.07% between 2022 and 2027.

RFID Revolution: Technology Trends Propel Global Aviation Market to New Horizons

Retrieved on: 
Monday, September 25, 2023

DUBLIN, Sept. 25, 2023 /PRNewswire/ -- The "Global Aviation Market 2023-2027" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, Sept. 25, 2023 /PRNewswire/ -- The "Global Aviation Market 2023-2027" report has been added to ResearchAndMarkets.com's offering.
  • This data-rich analysis provides an in-depth exploration of prevailing trends, dynamic growth drivers, and unique challenges within the industry.
  • Technology Trends: It identifies a definitive shift towards radio-frequency identification (RFID) and its influence on the aviation market's growth trajectory.
  • The report segments the aviation market into various categories, including:
    The study identifies the shift toward radio-frequency identification (RFID) as a primary driver influencing aviation market growth in the coming years.