The global drone market is anticipated to grow at a CAGR of around % during the forecast period (2021-2027). The drone is playing a vital role in every industry from inspecting high-rise buildings or to monitoring crops from the sky. Not just for military purposes, drones have now become an essential part of end-user verticals. […]
Category Archives: Aerospace & Defence
The global Aircraft Passenger Service Units market size is projected to reach US$ 225 billion by 2028, from US$ 170 billion in 2021, at a CAGR of 6% during 2022-2028. Aircraft passenger service units are basically an aircraft component that are situated in the aircrafts above the seat of the passenger. Aircraft passenger service units […]
The global Aircraft Interior Fabrics market size is projected to reach US$ 2314 million by 2028, from US$ 870 million in 2021, at a CAGR of 8% during 2022-2028. Aircraft Interior Fabrics includes materials and products ranging from various fabrics such as wool fabrics, leather, sheepskin and nylon mesh for seating, wall covering and flooring […]
The global Aircraft Fire Detection & Protection Systems market size is projected to reach US$ 999.5 million by 2028, from US$ 2.4 billion in 2021, at a CAGR of 5% during 2022-2028. Aircraft fire detection & protection systems are generally mounted inside an aircraft, close to the engine compartment and fuselage area to immediately detect […]
The global Aircraft De-Icing System market size is projected to reach US$ 421 billion by 2028, from US$ 130 billion in 2021, at a CAGR of 5% during 2022-2028. Aircraft deicers are used to spray deicing fluid on aircraft fuselage, inlets, landing gears, and stabilizers, which are capable to remove accumulated icesnow on an aircraft. […]
The global commercial aircraft MRO market is anticipated to grow at a CAGR of nearly 4.5% during the forecast period. The commercial aircraft industry in Asia-Pacific is expected to grow rapidly over the forecast period due to the strong demand for new narrow-body aircraft, that will enhance the need for MRO operations. The major countries […]
The global aircraft health monitoring systems market is anticipated to grow at a significant CAGR of nearly 5.5% during the forecast period. The major factor that drives the growth of the market include the implementation of aircraft health monitoring systems that assist in minimizing the overall maintenance, operational costs, detection &diagnosis, prognosis and mitigation of system […]
The global commercial avionic system market is anticipated to grow at a significant CAGR during the forecast period (2021-2027). Electronic systems associated with flight are termed as ‘avionics’ that covers the internal sensors and control systems within an aircraft; from airborne communication and navigation systems to ‘stealth’ aircraft design and flight control systems. The growing […]
The global power by the hour market is anticipated to grow at a considerable CAGR of 6.0% during the forecast period (2021-2027). Growing demand for rotable components in aircraft spares inventory will propel the market growth. The engine, landing gear and brakes, spare parts, and airframes are the core elements covered in the power by the hour. […]
The global aerospace insurance market is anticipated to grow at a considerable CAGR during the forecast period (2021-2027). The primary factor contributing to the growth of the market is the growing demand for the in-flight insurance compared to others, though it is the most expensive type of insurance. This insurance is done when airplane is crashed or […]