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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 global passenger security market is set to gain impetus from the rising investment in various countries in the construction of new airports. In the near future, Asia Pacific is estimated to possess more than 400 airports. Also, the increasing world travellers and air passengers in the developing countries such as Indonesia, India, and China would aid in driving the construction of new international airports. It would increase the need for passenger security.

The global advanced combat helmet market is predicted to reach USD 3.64 billion by 2027,exhibiting a CAGR of 6.73% between 2020 to 2027. The increasing robust R&D investment by market players for the development of cost-effective and lightweight combat helmets can be an essential factor in augmenting the growth of the market during the forecast period, states Fortune Business Insights in a report, titled “Advanced Combat Helmet Market Forecast, 2020-2027” the market size stood at USD 2.31 billion in 2019.

The report uncovers following points:

The global terrestrial trunked radio (TETRA) market size is expected to gain momentum by reaching USD 9.78 billion by 2028 while exhibiting a CAGR of 18.50% between 2021 to 2028. In its report titled “Terrestrial Trunked Radio (TETRA) Market, 2021-2028,” Fortune Business Insights™ mentions that the market stood at USD 2.46 billion in 2020 and USD 2.98 billion in 2021.

The global small arms market size was valued at USD 8.53 billion in 2021 and is expected to reach USD 8.75 billion by 2022. The market is expected to reach USD 11.16 billion by 2029, exhibiting a CAGR of 3.53% during the forecast period. Rising armed conflicts, cross-border conflicts, increasing hunting activities, and shooting ranges are likely to boost the market growth. Fortune Business Insights™ provides this information in its report titled “Small Arms Market, 2022-2029.”

Segments

Handgun Segment Held the Largest Market Share Owing to Surge in Demand for Handguns

The global radar link market size was valued at USD 1.55 billion in 2021. The market is expected to grow from USD 1.66 billion in 2022 to USD 2.73 billion by 2029, exhibiting a CAGR of 7.39% during the forecast period. The rising adoption of lightweight and compact hardware components and technological developments is estimated to foster the radar link industry’s growth. Fortune Business Insights™ mentions this information in its report titled “Radar Link Market, 2022-2029.”

The global aircraft seating market size was valued at USD 6.87 billion in 2021 and reached USD 6.94 billion in 2022. The market is expected to reach USD 9.25 billion by 2029, exhibiting a CAGR of 4.19% during the forecast period. Rising passenger aircraft deliveries and the adoption of lightweight materials are expected to propel the market development. Fortune Business Insights™ provides this information in its report titled “Aircraft Seating Market, 2022-2029.”

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 global antenna, transducer and radome market size is likely to exhibit a CAGR of 10.2% between 2020 and 2027. This is ascribable to factors such as rising military budgets and total modernization of military for the countries across the globe. Fortune Business Insights, publish this information in its latest report, titled “Antenna, Transducer and Radome (ATR) Market Forecast, 2020 – 2027.” The report observes that the market was worth USD 11.13 Billion in 2019 and is likely to reach USD 16.73 by 2027.

The optical communication systems and networking market size is predicted to reach USD 32.94 billion by 2029 and exhibit a CAGR of 7.09% during the forecast period. The global market size stood at USD 19.26 billion in 2021 and USD 20.39 billion in 2022. Fortune Business InsightsTM has presented this information in its report titled, “Optical Communication Systems and Networking, 2022-2029”. Optical communication systems and networking are communication systems that convey information between two or more sites using light signals rather than electronic signals.