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 …

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 …

Video Analytics Market Growth | Trends and Analysis – Forecasts to 2023

MarketsandMarkets expects the video analytics market to grow from USD 3.23 billion in 2018 to USD 8.55 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 21.5% during the forecast period. The market growth is expected to be driven by disadvantages of manual …

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 …

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 …

Airport Full Body Scanners Market to Gain Stronger Hold in the Years to Come

Full body scanners are an emerging and a revolutionary concept under development due to the increased need for security at the airports because of the increased incidences of terrorism and other criminal activities. The market players are actively investing in this technology, thus promoting a …

Unmanned Surface Vehicle (USV) Market Expanding at a Steady Pace

Unmanned surface vehicles (USV), as the name suggests, is a vehicle that operates on the surface of the water without any human presence on it. They are used for various military and commercial applications. The commercial applications include oil & gas exploration, construction, ocean data …

Non-Lethal Weapons Market Emerging as a Key Area for Law Enforcement and Defense Sectors

Non-lethal weapons, also called as less lethal weapons, less-than-lethal weapons, non-deadly weapons, or pain-inducing weapons, are specially designed for incapacitating targets or depriving an individual or a vehicle of power while reducing the injury or damage to property and other surroundings. With the growing political …

Unmanned Underwater Vehicles (UUV) Market Set to Flourish in Africa and Latin America

Unmanned underwater vehicles (UUV), also known as underwater drones, are vehicles that operate underwater without any direct human input. They are basically used for oil & gas exploration, defense, and surveillance, among others. Of late, UUVs have caught the attention of many manufacturers, which are …

Commercial Avionics Systems Market to Soar Higher over the Coming Years

Avionics are the electronic systems that are usually installed in aircrafts, artificial satellites, and spacecraft. These electronics systems include communication, control, monitoring, navigation, display, and a number of other systems that are required for operating an aircraft. With the new developments and innovations in technology, …

Military Laser Systems Market to Emerge as a Game Changer for the Defense Sector

With the changing nature of warfare, there has been a rise in demand for efficient and lethal weapons with high precision and accuracy and ability to annihilate distant enemy tanks. Military laser systems, which are fast gaining prominence in this sector, have been under development …

Increasing Warfare and Rising Economies Fueling the Ballistic Protection Market

Rising violence and terrorism have led to the increase in demand for defensive weapons i.e., ballistic protection that may be strong and more protective in nature. The ballistic protection materials are used in manufacturing different protection weapons like headgear, body armor, armors for vehicles, etc. …