prajnene's blog

The global electro-optical/infrared (EO/IR) systems market size is expected to reach USD 20.36 billion by 2026, exhibiting a CAGR of 5.84% during the forecast period. The growing necessity to improve target identification, assess threats, and monitoring in different weather conditions will spur opportunities for the market during the forecast period.

The market for gunshot detection systems (GDS) is anticipated to experience significant growth, driven by leading manufacturers' efforts to develop advanced technologies for real-time sound detection. According to the study, the market was valued at USD 673.9 million in 2020 and is projected to reach USD 1,408.3 million by 2028, growing at a compound annual growth rate (CAGR) of 10.56% during the forecast period.

A list of all the reputed manufacturers present in this market:

According to a report by Fortune Business Insights™ titled "Inertial Measurement Unit (IMU) Market, 2022-2029," the global IMU market was valued at USD 15.71 billion in 2021. It is projected to experience significant growth, reaching USD 28.37 billion by 2029 with a compound annual growth rate (CAGR) of 8.13% during the forecast period. The market's expansion can be attributed to the increasing demand for unmanned UAVs and Micro-Electro-Mechanical Systems (MEMS).

List of Key Players Profiled in the Report

The global air traffic management and consulting market size is anticipated to reach USD 16.11 billion by 2028 from USD 11.50 billion in 2021 exhibiting a CAGR of 4.93% during the forecast period. The worldwide rising air traffic is anticipated to drive the demand for advanced ATM solutions and foster market growth. Fortune Business InsightsTMhas published this information in its report titled “Air Traffic Management and Consulting Market, 2021-2028”. The market size stood at USD 11.30 billion in 2020.

The airport robots market demand is predicted to reach USD 876.3 million by 2028 and exhibit a CAGR of 8.8% during the forecast period. In its report titled "Airport Robots Market, 2023-2028," Fortune Business Insights has presented valuable insights into the airport robots industry. The growing demand for autonomous robots for passenger services and security applications has driven the industry worldwide. These robots assist airport personnel in interacting with travelers and providing them with necessary assistance.

The global narcotics scanner market size is projected to exhibit excellent growth prospects on account of the increasing menace of drug trafficking worldwide, observes Fortune Business Insights™ in its report, titled “Narcotics Scanner Market, 2021-2028”.

The global marine battery market size was USD 583.4 million in 2020. The market is expected to grow from USD 676.2 million in 2021 to USD 2,055.8 million by 2028, exhibiting a CAGR of 17.05% during the forecast period. The rising focus on developing low emission solutions and increasing development of alternative energy resources is expected to propel market growth. Fortune Business Insights™ presents this information in its report titled “Marine Battery Market, 2021-2028.”

The global small satellite market size was valued at USD 4.90 billion in 2021 and reached USD 5.60 billion in 2022. The market is expected to be valued at USD 12.02 billion by 2029, exhibiting a CAGR of 11.53% during the forecast period. The rapid adoption of 3D printing parts for satellite manufacturing and rising applications of satellites from several sectors are expected to boost market progress. Fortune Business Insights™ presents this information in its report titled “Small Satellite Market, 2022-2029.”

List of Key Players Profiled in the Report:

The global airborne fire control radar market size is expected to showcase exponential growth by reaching USD 3,866.4 million by 2028 while exhibiting a CAGR of 4.73% between 2021 and 2028. Fortune Business Insights in its latest report, titled “Airborne Fire Control Radar Market, 2021-2028.”, mentions that the market stood at USD 2,655.4 million in 2020. Factors such as the increasing demand for target detection equipment and the growing adoption of advanced technologies such as active electronically scanning arrays (AESA) will boost the adoption of the product worldwide.

According to a report by Fortune Business Insights, the aviation analytics market is expected to reach USD 4.36 billion by 2028, with a projected compound annual growth rate (CAGR) of 11.58% during the forecast period. The adoption of aviation analytics by airlines to save costs is expected to drive market growth. The report states that the market was valued at USD 1.93 billion in 2020 and USD 2.02 billion in 2021.

List of Key Market Players: