Ammunition Market worth $32.3 billion by 2025

The ammunition market is projected to grow from USD 25.9 billion in 2019 to USD 32.3 billion by 2025, at a CAGR of 3.73% from 2019 to 2025. Growing demand for ammunition due to rising instances of cross-border conflicts and increasing incidences of asymmetric warfare across the …

eVTOL Aircraft Market expected to reach $411 million by 2030, at a CAGR of 20.42%, over 2025–2030

This report provides an analysis of the eVTOL Aircraft Market for the next twelve years. It discusses industry and technological trends that are currently prevailing in the market. It analyses factors driving and restraining the growth of this market, as well as the challenges faced by it. …

Gunshot Detection System Market worth $1,008 Million by 2024

According to the new market research report “Gunshot Detection System Market by Application (Commercial, Defense), Installation (Fixed Installations, Vehicle Installations, Soldier Mounted), System (Indoor, Outdoor), Solution (Systems, SaaS) and Region – Global Forecast to 2024″, The gunshot detection system market is estimated at USD 564 million in …

Armored Vehicles Market worth $17.90 billion by 2025

The report “Armored Vehicles Market by Platform (Combat Vehicles, Combat Support Vehicles, Unmanned Armored Ground Vehicles), Mobility (Wheeled, Tracked), System (Engine, Drive Systems, Ballistic Armor, Turret Drive, C2 Systems), Region – Global Forecast to 2023” The armored vehicles market is projected to grow from USD 14.31 billion in …

Autonomous Last Mile Delivery Market worth $91.5 Billion by 2030

This report provides an analysis of the Autonomous Last Mile Delivery Market from 2019 to 2030, and discusses the industry and technology trends currently prevailing, along with the drivers, restraints, challenges, and opportunities. The autonomous last mile delivery market is projected to grow from USD …

APAC to be a Major Market for Digital Radio Frequency Memory (DRFM) in the Coming Years

Technological advancements in military have led to a number of developments and innovations in air defense systems across the globe. These advanced technologies are mainly focusing on reducing the instances of detection by enemy radars and providing the required time to evade them. Electronic warfare …

Europe to be a Favorable Destination for the Growth of the Global Riflescope Market in the Coming Years

A riflescope, also known as optical sight, is widely used for hunting and in shooting sports in the Armed Forces. It is a telescopic vision that is mounted on the top of a rifle for enhancing the aim by magnifying and pinpointing a target. It …

Increased Air Traffic Leading Environmental Control Systems Market to Witness Steady Growth in the Coming Years

Environmental control system is an essential part of an aircraft, providing air supply and ventilation, thermal control, and cabin pressurization to the crew and passengers. Advancements in technology have led to the development of new environmental control systems that make use of electrical sources that …

Rising Conflicts Expected to Lead Remote Weapon Station Market to a High Growth in the Coming Years

Remote weapon station (RWS), as the name suggests, is a remotely-controlled weapon station basically made for light and medium caliber weapons that can be mounted on any kind of platform. Rise in conflicts and asymmetric warfare across the globe has led to a great increase in …

Ground Support Equipment Market Foresees Good Growth in the Coming Years due to Rise in Air Travel

Ground support equipment, mainly used for transporting passengers as well as baggage and freight, maintenance support, and repair functions, help in minimizing the turnaround time by improving the operational speed, efficiency, and accuracy. Thus, looking at these advantages, the demand for ground support equipment has …

Increasing Global Disputes Propelling the Growth of Electronic Warfare Market

Over a passage of time, electronic warfare has become an essential part of war situations such as political conflicts, territorial disputes, and cold wars, which involve the use of electromagnetic spectrum to sense, attack, communicate, or impede enemy attacks. With the rising number of wars …

Small Satellite Market Foresees Big Future Ahead

Usually of low mass and size and weight under 500 kg, small satellites were basically introduced into the world in order to minimize the cost of overall production along with making it possible to accomplish the missions that were not possible on large satellites. Categorized …