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Bhamaresweety13 Jul, 2023Business
The global Naval Vessels And Surface Combatants Market size is projected to reach USD 41.82 billion by 2026 owing to the advancement in technology in naval warships. Such warships are used for sea-based battlefield operations and are inclusive of vertical missile launchers, rocket launchers, torpedo launching systems, and anti-submarine rocket launchers.
Bhamaresweety13 Jul, 2023Business
The global smart weapons market size was USD 17.17 billion in 2023, and the market is projected to grow USD 30.12 billion in 2028 at a CAGR of 8.02% during the 2023-2028 period. Factors such the increasing defense budget that is propelling countries to upgrade their military and the increasing focus on introducing advanced smart weapons are expected to boost the market?s growth in the forthcoming years.
Bhamaresweety11 Jul, 2023Business
The global aerospace 3D printing market size stood at USD 2.66 billion in 2021. The market is anticipated to rise from USD 2.94 billion in 2023 to USD 8.35 billion in 2029, at a 16.07% CAGR during the forecasted period. In terms of vertical, the market is segregated into material and printer. The material segment could account for the highest share of the global market.
Bhamaresweety11 Jul, 2023Business
The global directed energy weapons market size was valued at USD 8.54 billion in 2021. The market is projected to grow from USD 9.24 billion in 2023 to USD 17.43 billion by 2029, exhibiting a CAGR of 9.48% during the forecast period. By technology, the market is divided into high energy laser technology, high power microwave technology, particle beam weapons, plasma weapons, and sonic weapons.
Bhamaresweety11 Jul, 2023Business
The global air ambulance service market size is anticipated to hit USD 10.30 billion by 2029 and exhibit a CAGR of 8.56% during the forecast period. the adoption of modern technologies and implementation of swift technological developments in such services are estimated to stimulate market growth in the forthcoming years.
Bhamaresweety10 Jul, 2023Business
The global tactical data link market size is anticipated to hit USD 11.70 billion by 2029 and exhibit a CAGR of 7.61% during the forecast period. The increasing cross-border disputes amongst neighboring countries and the growing international security threats are expected to augment the market growth. On the basis of solution, the market is bifurcated into software and hardware. On the basis of platform, the market is trifurcated into sea, ground, and air.
Bhamaresweety10 Jul, 2023Business
The global space launch services market size was valued at USD 8.07 billion in 2022 and is expected to reach USD 9.15 billion in 2023. The market is projected to touch USD 20.54 billion by 2030, recording a CAGR of 12.2% during the forecast period of 2023-2030. Based on orbit type, the market is divided into LEO, MEO, GEO, and others. The LEO segment might capture a dominant market share during the forecast timeframe.
Bhamaresweety10 Jul, 2023Business
The global robotics in shipbuilding market size was valued at USD 1.26 billion in 2022 and is expected to be worth USD 1.32 billion in 2023. The market is projected to reach USD 1.85 billion by 2030, recording a CAGR of 4.9% during the forecast period.
Bhamaresweety07 Jul, 2023Business
The global LiDAR drone market size is anticipated to reach USD 455.0 million by 2028 and exhibit a CAGR of 17.98% during the forecast period. Additionally, the rising use of LiDAR drones for corridor mapping applications is expected to boost the market growth as this technology has emerged as an effective solution for remote sensing platforms.
Bhamaresweety07 Jul, 2023Business
The military communication market size was USD 39.86 billion in 2023 and is projected to reach USD 62.96 billion by 2026, thereby exhibiting a CAGR of 6.18% during the forecast period. In the defense sector, maintenance of consistent communication and protection of highly confidential information are two of the major requirements. Inaccurate transfer of real time data and leakage of crucial data may result in disputes and pose a risk to the safety of the masses worldwide.
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