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Showing posts with the label Aerospace and Defense

Volumetric Display Market to Record an Exponential CAGR by 2030

  The world is experiencing serious impact on social & financial sectors, and all global industries are facing challenges during the COVID-19 pandemic. This crisis has  negatively impacted the growth  of the volumetric display market. Because of the coronavirus crisis, the production units all over the globe for electronics, non-food products and consumer product organizations are experiencing disturbance in the source of raw materials, important components and finished products. Approximately 85.0% of countries are in lockdown, and thereby demand for non-food products has fallen sharply in lockdown period. To overcome such situations, several government bodies are increasing initiatives to help the organizations during the COVID-19 outbreak. For instance, in recent times, the ministry of information technology (MIIT) in China have been offering help to small and medium scale enterprises (SMEs) in applying digital technologies including video conference tools, training programs and

Aerospace 3D Printing Market to See Incredible Growth By 2026

  The demand for new aircraft due to the growth in commercial air travel, so far a demand of almost 38,000 new aircraft over the next 20 years is predicted. To supply and fulfill the rising demands, the designers, equipment manufacturers, and sellers are on a lookout for cost-effective solutions to build these aircraft as quickly and resourcefully as possible. An industry branch and technology working in both space flight and aviation sectors have been adopting and evolving technology since the 1980s. A new technology that has come up with the promise of changing the way companies build new goods, like components for aerospace and defense. This groundbreaking development process is known as 3D printing. It is also known as additive manufacturing.  The increased demand from the aerospace industry for technologies capable of producing advanced aerospace and the shorter supply chain are key aspects that are likely to drive the aerospace 3D printing business. The aerospace 3D printing mark

Airport Stands Equipment Market provides an in-depth insight of sales and trends forecast to 2026

  The boarding bridges or the PBB (Passenger Boarding Bridge) is an elevated, enclosed passage board and disembark an aircraft without the requirement to be exposed or go outside to way that extends from the terminal gate of an airport to the airplane. The boarding bridges are type of airport stands equipment, which is also known as jet bridge, air bridge, sky bridge, and jet way. This type of  airport stands equipment  allows passengers to safely board the aircraft and are found in numerous configurations. Depending upon the installation, the boarding bridges are fixed or movable. Configurations of Boarding Bridges A boarding bridge consisted of a fixed platform in the earlier days, which was its most basic configuration. The airplane would thus had to follow the stand entry guidance or ground marshaller and stop with the door of the aircraft abeam the platform. However, to allow passengers to access the airplane, a sheathable gantry would then be stretched from the platform. Although

Defense Drone Market industry report 2020 potential growth, share, demand and forecast till 2028

  The  global defense drone market  forecast to be valued at   $16,902.0 million by 2028 , surging from   $9,314.9 million in 2020 , at a noteworthy   CAGR of 7.9% . Analysis of Covid-19 Impact on Defense Drone Market The Covid-19 impact on defense drone market demand has been negative. The restrain in the global industrial production due to imposed lockdowns across the globe has disturbed supply chain defense equipment manufacturing industry hindering the growth of defense drone market. Major companies in this sector such as Northrop Grumman Corporation, Lockheed Martin Corporation, and others have experienced a reduction in demand in the defense drone market. These factors are expected to negatively impact the market growth. The coronavirus epidemic has enforced the companies in the defense drone industry for the adoption of new methods of operation such as implementation of predictive analytics to forecast losses accurately and virtual monitoring of the production. These development

Thermal Camera Market Expectations & Growth Trends Highlighted until 2028

  The  global thermal camera market  size is estimated to be valued at $19,303.9 million by 2028, surging from $9,345.1 million in 2020, at a CAGR of 10.2%. COVID-19 Impact on the Thermal Camera Market During the COVID-19 pandemic, the global thermal camera market trends are projected to be moderately impacted. This is due to the implementation of curfews by government agencies in most countries. Various raw material firms in emerging countries like India and Japan have closed due to lock down imposed by government bodies. However, the market has risen dramatically in recent years due to the demand for thermal cameras as they detect temperature of bodies from far without any contact. Global Thermal Camera Market Analysis Increased government financing for the implementation of thermal cameras is among the key major driving factors of thermal camera market's growth. Increased use of thermal cameras for security & surveillance, a high rapid adoption of thermal imaging cameras in