South Korea Aerospace and Defence News

The global electronic warfare market size is projected to reach USD 33.52 billion by 2028. It is likely to gain traction from the increasing integration of cyber and electronic warfare. It is helping the warfighters to achieve a robust attack and defense capacity. This information is given by Fortune Business Insights™ in a recently published report, titled,   “ Electronic Warfare Market Size, Share & COVID-19 Impact Analysis, By Domain (Electronic Attack, Electronic Protection, and Electronic Support), By Equipment (Jammers, Antennas, Radar Warning Receiver, Anti-radiation Missiles, Directed Energy Weapons, and Others), By Platform (Air-based, Sea-based, Land-based), and Regional Forecast, 2021-2028 .”   The report further mentions that the market stood at USD 22.50 billion in 2020. But, it is set to exhibit a CAGR of 5.24% during the forecast period between 2021 to 2028. Get Sample PDF Brochure:- https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/electronic-warfar

The global military robot market size is expected to reach USD 25.66 billion by 2027, exhibiting a CAGR of 12.2% during the forecast period. The growing adoption of advanced aerial robots in military operations, including attacking, rescue activities, surveillance, and others will have a tremendous impact on the global market, states Fortune Business Insights, in a report, titled “Military Robots Market Size, Share & Industry Analysis, By Platform (Airborne, Land, Naval), By Mode of Operation (Semi-Autonomous and Autonomous), By Mode of Propulsion (Manual, Electric, and Hybrid), By Application (Intelligence, Surveillance, and Reconnaissance, Search and Rescue, Combat Support, Transportation, and Others), and Regional Forecast, 2020-2027.” The market size stood at USD 13.87 billion. The entire world is fighting with the COVID-19 pandemic, which has severely disrupted trades across the globe. The authorities of several countries have initiated a lockdown to prevent the spread of this

  The global aircraft lighting market is set to gain impetus from the increasing demand for lightweight aircraft components. Various companies are therefore aiming to develop small-sized aviation lighting components. Fortune Business Insights™ provided this information in a new report, titled, “ Aircraft Lighting Market Size, Share & COVID-19 Impact Analysis, By Aircraft Type (Fixed Wing (Commercial Aircraft, Military Aircraft, and Business Jets and General Aircraft), and Rotary Wing (Commercial Helicopter, and Military Helicopter)), By Lighting Type (Interior Lights (Signage lights, Ceiling & Wall Lights, Floor Path Lighting, Reading Light, and Lavatory lights), and Exterior Lights (Emergency Lights, Navigation Lights, and Others)), By Point of Sale (OEM, and Aftermarket), and Regional Forecast, 2020-2027.” The report further states that the aircraft lighting market size was USD 921.2 million in 2019 and is projected to reach USD 1,237.6 million by 2027, exhibiting a CAGR of

  The global military veronics market size is projected to reach USD 8.22 billion by 2027, exhibiting a CAGR of 3.68% during the forecast period. Development of autonomous combat systems for military vehicles will ensure multi-dimensional growth of this market, observes Fortune Business Insights™ in its report, titled “ Military Vetronics Market Size, Share and Global Trend by Product Type (Communication & Navigation Systems, Power System, Display System, C4 Systems, and Others) By Platform (Unmanned Ground Vehicles, Armored Amphibious Vehicles, Light Protected Vehicles, Special Purpose Vehicles, and Others) By Application (OEM and Aftermarket), and Regional Forecast, 2020-2027 ”. Battlefield environments are rapidly changing and modern warfare strategies require a heavy infusion of smart technologies to enhance alertness and augment the capabilities of the armed forces. In view of these evolving dynamics, defense agencies are conducting intense research to develop new technologies

The global avionics market size is projected to reach USD 75.81 billion by the end of 2027. The increasing product applications will provide the platform for growth for the companies operating in the market. The increasing investments in the research and development of efficient products will have a direct impact on the growth of the market in recent years. According to a report published by Fortune Business Insights, titled “Avionics Market Size, Share & Industry Analysis, By System (Hardware and Software), Platform (Commercial, Military, Business Jets, General Aviation), End-Use (OEM and Aftermarket), and Regional Forecast, 2020-2027,” the market was worth USD 48 billion in 2019 and will exhibit a CAGR of 9.25% during the forecast period, 2020-2027. Avionics is the development and production of electronic instruments that are used in aviation or astronautics. It involves all products that are associated with spacecraft, satellites, and other types of aircraft. Technological advan

The non-destructive testing market size was  USD 6.30 billion  in 2021. The market is projected to grow from  USD 6.80 billion  in 2022 to  USD 16.66 billion  in 2029 at a CAGR of  13.66%  during the 2022-2029 period. This vital information is presented by  Fortune Business Insights™ , in its report, titled,  “ Non-Destructive Testing (NDT)   Market , 2022-2029.”  Factors such as the widening of application in designing, manufacturing, and maintenance of aircraft along with the rising adoption of integration of services will boost the growth of the market during the forecast period. Additionally, innovative measures and integration of artificial intelligence will increase the footprint of the market. Get a Sample PDF Brochure: https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/non-destructive-testing-ndt-market-103596 List of Key Players Present in the Market Acuren Inspection Inc. (U.S.) Ashtead Technology (U.K.) Bosello High Technology Srl (Italy) Eddyfi (Canada) Fisc

The global   unmanned underwater vehicles market   size is expected to reach USD 9,502.7 million by 2028, exhibiting a CAGR of 17.59% during the forecast period. The increasing application of UUVs in underwater search and survey, communication, navigation, and maritime surveillance will propel the healthy growth of the market, states Fortune Business Insights, in a report, titled “ Unmanned Underwater Vehicles (UUV) Market, 2021-2028.”  The market size stood at USD 2,960.8 million in 2020. The catastrophe caused by coronavirus has disrupted the supply chain of every industry around the world. We understand that this health emergency has negatively impacted various sectors across the globe. Rising support from governments and several companies can help in the fight against this highly infectious virus. Some industries are struggling, and some are thriving. More or less, nearly every sector is estimated to be impacted by this pandemic. Get Sample PDF Brochure -  https://www.fortunebusine

  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.   Fortune Business Insights  has   presented this information in its report titled,  “Tactical Data Link Market, 2022-2029”.  The market size stood at USD 6.64 billion in 2021 and USD 7.00 billion in 2022. Additionally, the rising military spending on developing network-enabled weapons and teaming unmanned and manned systems is likely to be a major trend boosting the market growth. Get a Sample PDF Brochure: https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/tactical-data-link-market-103189 List of Key Market Players- BAE Systems plc (U.K.) Curtiss-Wright Corporation (U.S.) Elbit Systems Ltd. (Israel) General Dynamics Corporation (U.S.) Honeywell International Inc. (U.S.

  The global aircraft health monitoring system market size is projected to reach USD 4,987.9 million by 2027, exhibiting a CAGR of 11.56% during the forecast period. The value of the market stood at USD 4,202.4 million in 2019, according to Fortune Business Insights™ in its report, titled “ Aircraft Health Monitoring System Market, 2020-2027 ”. The demand for air travel has plummeted due to the imposition of travel bans, weakened tourist activities, and social distancing. As a result, in 2020, the market declined by a staggering -44.8% and reached a value of USD 2,319.7 million. Boeing Signs Multiple Aircraft Deals at the Paris Airshow In June 2019, Boeing, through its fast-growing Boeing Global unit, signed a series of worth more than USD 100 million at the Paris Airshow. Among the various contracts inked by Boeing was an aircraft health monitoring system (AHMS) agreement that the company signed with Go2Sky, the Slovak charter airline operator. This, along with the other deals, is par