Friday, 3 July 2020

Military Rifle Market Analytical Overview, Growth Factors 2028

The global military rifle market is projected to demonstrate ascending graph of demand during the forecast period of 2019 to 2028. This growth can be attributed to a plethora of reasons. Rising number of issues related to the safely of nations is one of the key reasons boosting market growth. The segmentation of the global military rifle market is performed on the basis of product, range, firing mode, and region. On the basis of firing mode, the global military rifle market is divided into semi-automatic, fully automatic, and non-automatic.

An upcoming research report from Transparency Market Research (TMR) aims to offer comprehensive assessment of key elements impacting positively and negatively on the growth of the military rifle market. It gives reliable data on volume, shares, revenues, key players, and demand dynamics of the global military rifle market. Thus, the report is a compilation of all valuable insights of the said market for the forecast period of 2019–2028.

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Global Military Rifle Market: Growth Dynamics

In recent years, the world is witnessing rising concerns related to the safety of overall common population, territories, and public wealth. This situation has called for taking initiatives and growing efforts toward strengthening the security of countries. As a result, the government bodies of many worldwide countries have increased their spending on military services. Many countries are procuring as well as manufacturing superior quality weapons. The main purpose of this move is to strengthen their military capabilities. This factor is working as a driver for the global military rifle market.

The global military rifle market is witnessing rising demand for various products from a wide range of countries. Light machine gun, assault rifle, designated marksman rifle, general-purpose machine gun, and sniper rifle are products that are in high demand these days. This aside, the market for military rifle is witnessing rising demand for fully automatic military rifles owing to numerous advantages they offer.

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Global Military Rifle Market: Competitive Analysis

The global military rifle market is consolidated in nature. Presence of many international players signifies that the competitive landscape of the market for military rifle is extremely intense. Several vendors are entering into MoU and partnership deals. Using these moves, companies are focusing on fulfilling the high demands for the products from the market for military rifle. At the same time, the unmet demand of end-users connotes the opportunity for entry of new players in the global military rifle market.

Another strategy used by enterprises working in the global military rifle market is advancing their production capability. For this purpose, many companies have announced the expansion of their factories. As a result, the players from the military rifle market for are witnessing prodigious avenues for growth during upcoming years.

The list of key players in the global military rifle market includes:

  • Arsenal Inc.
  • Adcor Defense
  • Adams Arms
  • Bravo Company MFG, Inc.
  • Sig Sauer

Global Military Rifle Market: Regional Assessment

The global military rifle market is spread across seven key regions, namely, North America, Europe, East Asia, South Asia, Latin America, Middle East and Africa, and Oceania. Of them, North America is projected to maintain its leading position in the market for military rifle. Furthermore, East Asia and South Asia are prominent regions showing profound growth during forecast period of 2019 to 2028. One of the key reasons for this growth is presence of emerging economies in these regions. Thus, the rising demand from developing countries including India and China is fueling the military rifle market growth.

Military Radar Market Share, Forecast 2027 By Top Key Players

The global military radar market is expanding at a significant pace, due to increasing military activities across the globe, according to Transparency Market Research. Some of the prominent players operating in the global military radar market are Northrop Grumman, Saab, Raytheon, Israel Aerospace Industries, Leonardo, Terma, and BAE Systems.

These players are adopting several strategies such as technological innovations, new product launches, collaboration and mergers, and acquisitions to gain higher market share. Apart from this, favorable government schemes regarding research and development of military radars is another factor driving the global military radar market. In March 2019, the U.K. Government organized an event with an aim to form a collaboration of several players to develop next-generation air power systems. Similar activities have been noted in several other countries as well. This is expected to drive the global military radar market during the forecast period.

According to TMR, the global military radar market is expected to reach value of ~US$ 10 Bn by the end of 2027. The market is projected to expand at a steady CAGR of ~3% from 2019 to 2027.

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Geographically, North America is expected to dominate the global military radar market throughout the forecast period. This is primarily due to the increasing investment in military radar systems by the U.S. to retain its technological superiority. Among types, the airborne military radars segment is expected to lead the global market during the forecast period, owing to increasing risks of air strikes and airborne terrorist infiltrations across the world.

High Rate of Research and Development Activities to Drive Global Market

A radar system is a powerful technology emerging at a rapid pace. A prominent feature that has prompted countries to invest in the radar mechanism is its high potential to retaliate undesirable entry in a county’s territory. Owing to this, countries are spending significantly on the radar mechanism to tighten up border security. On account of this, the global military radar market is expected to expand in the next few years, as countries are increasingly becoming alert on security issues.

Apart from this, several programs to improve the capability of air radar systems are going on. Some of them are Air & Missile Defense Radar (AMDR) program, the Acoustic Rapid COTS Insertion (A-RCI) program, the Space Fence program, and procurement of AN/TPS-59, AN/TPS-63, and AN/TPS-80 radar systems. These programs are anticipated to fuel the global military radar market during the forecast period.

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Airborne Military Radars Continue to Witness High Demand

Based on type, the global military radar market has been segmented into ground-based, naval, airborne, and space-based. Out of these, the airborne segment led the global market in 2018. The demand for airborne military radars is expected to continue to rise during the forecast period, owing to increasing risks of air strikes and airborne terrorist infiltrations worldwide. Airborne military radars are likely to continue to witness a high rate of research and development activities in the near future. 

Leading players operating in the global military radar market include Lockheed Martin Corporation, Raytheon Company, The Boeing Company, Northrop Grumman Corporation, BAE System PLC, Saab Sensis Corporation, Harris Corporation, ASELSAN A.S., Terma A/S, and DRS Technologies Inc. These companies are taking steps to strengthen their radar business segments. For instance, in 2018, Saab AB, an aerospace and Defense Company, combined its business unit i.e. surface radar solutions and airborne surveillance systems.

The information presented in this review is based on a report by Transparency Market Research titled, ‘Military Radar Market (Type: Ground Based, Naval, Airborne, and Space Based) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2017–2027

Global Airport Internet of Things Market: Notable Developments

The report details an exhaustive account of the global airport internet of things market along with numerous associated factors. Some of these factors that are included in the report are drivers, restraints, competitive analysis, latest trends and opportunities, geographical outlook, and many other aspects. The study covered in the report spans a forecast period from 2019 to 2027. From an overall perspective, the report is expected to exist as a valuable insight to businesses which are already operating in the global airport internet of things market, as well for those who intend to newly establish themselves in this environment.

Global Airport Internet of Things Market: Notable Developments 

The global airport internet of things market depicts a highly competitive vendor landscape thanks to most companies looking forward to concretely establishing themselves in the forthcoming years. 

  • Facilitating business expansions by providing less expensive ICT infrastructural services to mid-level sized airports is a key strategy implemented by most players in the market. 
  • Services mainly include provision of smart connectivity to enhance experience at airports, improving product supply offers, and strengthening research and development-based practices. 
  • Creating a new customer base by focusing on integrating products is another prime strategy implemented by many businesses. Participating in mergers & acquisitions also is a crucial scheme utilized by companies to progress in the global airport internet of things market. 

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​​​​​​​Siemens AG, Accenture, SITA SA, Cisco Systems, Inc., Wind River Systems, Rockwell Collins, Inc., Huawei Technologies Co. Ltd, Inc., IBM, SAP SE, and Amazon Web Services, Inc., are key players operating in the global airport internet of things market. 

Global Airport Internet of Things Market: Key Drivers and Restraints 

An increasing demand for self-service and automated processes in the travel and tourism industry is greatly responsible for driving the airport internet of things market. Such growth is supplemented by improving IT infrastructure associated with airports across the globe in order to bolster passenger experiences. This is mainly as a result of reduction in obligations borne by workforce at airports due to extensive utilization of automated processes, thereby improving efficiency. 

The number of people traveling by flights has dramatically increased over the past several years, thus leading to an increased demand for highly efficient actions associated with airports. Such a demand has forced numerous airports to embrace smart automated activities on a large extent, thus stoking the global airport internet of things market’s growth. Numerous technologies such as robotics, automated kiosks, automated passport control, facial recognition, and several others techniques to effectively manage airport operations are being used. Use of such technologies has managed to reduce human error up to a substantial extent, consequently boosting the global airport internet of things market’s growth. 

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However, high costs required to set up IoT services at airports, mainly in remote and underdeveloped regions notably restrains the market’s growth. Nonetheless, many businesses are involved in providing smart services to airports are experimenting on developing cost effective solutions, which is expected to offset the restraints in the near future. 

Global Airport Internet of Things Market: Regional Dominance 

Region-wise the global airport internet of things market is segmented into North America, Europe, the Middle East, and Africa, Asia Pacific and Latin America. Of these, North America is expected hold a leading position during the forecast period from 2019 to 2027. The region shows high potential for growth as a result of strengthening of the regulatory requirements provided through flight-based services.

Company Profiles Of Aviation Analytics Industry

The global aviation analytics market registers a tremendous growth potential in the forthcoming years. Various organizations worldwide are increasingly adopting aviation analytics solutions as these systems facilitate them in reducing costs, improving maintenance and performance, and increasing profitability and revenue. These systems are used across the aviation industry for various applications including revenue management, fuel management, inventory management, customer analytics, and risk management. They are used across different business verticals including operations, finance, sales and marketing, and maintenance and repair.

The market intelligence report takes into account the historic data and current scenario to estimate future trends of the global aviation analytics market. It offers invaluable insights into statistics pertaining to the market at both global and regional level. It provides a detailed overview of the factors influencing the market and the extent to which they impact the growth. For a lucid analysis, the report segments the market on the basis of various criteria such as application and geography. It presents an in-depth analysis of the competitive landscape of the market. It profiles the prominent players in the aviation analytics market along with their latest developments, revenue generation, market shares, business strategies, and contact information.

Global Aviation Analytics Market: Drivers and Restraints

Participants of the global aviation industry are increasingly focusing on competitive intelligence and analytical solutions to boost the profitability of their businesses. This is leading to the growing popularity of aviation analytics solutions, thereby providing a fillip to the market. Moreover, the increasing aviation passenger traffic is resulting in rising volume of data generated. This is creating pressing need to analyze the aviation industry, thereby driving the market. The growing emphasis on jet fuel management is also creating a staggering volume of demand for these systems.

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On the other hand, several players fail to offer data models as per diverse needs of businesses, thereby hampering the growth of the global aviation analytics market. The dearth of appropriate analytical skills among workforce is also impeding the growth of the market. However, the booming demand for real-time analytics in the aviation industry is creating ample growth opportunities for the market.

Global Aviation Analytics Market: Geographical Segmentation

The key segments covered in the research report on the basis of geography are North America, Asia Pacific, Europe, and Rest of the World. Asia Pacific will represent a large share in the market throughout the forecast period. The expanding base of middle-class population and the growing trade and tourism in emerging countries such as China and India are providing a significant boost to the aviation industry, which in turn is working in favor of the growth of the aviation analytics market in the region.

Moreover, the increasing investments and advancements in the field of cloud technology are propelling the growth of the region. The rising emphasis on improving operational efficiency and reducing costs is also triggering the demand for aviation analytics in the region.

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Global Aviation Analytics Market: Competitive Landscape

The global aviation analytics market is characterized by high competitive rivalry among key players. Some of the key companies operating in the market are Oracle Corporation, IBM Corporation, SAS Institute, SAP SE, General Electric, and Ramco International. These players are focusing on expanding their product and service portfolios to meet the diverse needs of their end users. Several players are also implementing cloud-based technologies in their product offerings to enhance their visibility in the market.

Aerospace 3D Printing Market Analysis By Applications

3D printing of parts is a new technology that has come up with the potential to transform the way enterprises build new products, including parts for defense and aerospace. This new manufacturing process is known as 3D printing or additive manufacturing. This technology involves manufacturing physical objects by printing one layer at a time, using special material deposition devices and digital models. This generation’s 3D printing equipment has evolved in a short span of time and is capable of producing complex components among different types of materials which includes titanium, steel, aluminum, and different variety of plastics. Thus because of its potential, 3D printing is gaining importance in various manufacturing and fabricating sectors.

The aerospace sector recognizes the unique competence of 3D printing and is pursuing ways to exploit these competences. For example, Boeing is utilizing 3D printing to manufacture plastic interior parts out of nylon and polyetherimide for their test evaluation and prototype units. Boeing is utilizing 3D printing technology to swiftly manufacture tools for making composite parts. Additionally Pratt & Whitney aerospace company is investing extensively in a state-of-the-art 3D manufacturing center in association with the University of Connecticut.

The 3D printing technology in the aerospace sector, generally in plastic, has developed into a mainstream prototype fabrication practice of aerospace parts. This technology empowers designers to skip the fabrication of tools and go straight to finished parts. Although printing a prototype component may consume several hours, it is still considerably faster than manufacturing tools that are then used to manufacture prototype parts. This capability to swiftly manufacture prototypes allows engineers to authenticate design concepts much faster, thus speeding up the overall improvement process.

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The major drivers driving the aerospace 3D printing market are factors such as efficient use of raw materials, accuracy, customizable product creation and reduction of errors while manufacturing of parts. The above mentioned factors are going to push the 3D printing market towards its growth during the forecasted period from 2016 – 2024.

The aerospace 3D printing market can be segmented into six broad categories. By material type, by form, by process, by technology, by software, and by application. By material the aerospace 3D printing market can be further segmented into plastics, metals, ceramics, and others. By form, the market is segmented into filament, powder, and liquid. By process, the market has been segmented into binder jetting, material extrusion, direct energy deposition, powder bed fusion, sheet lamination, material jetting, and vat photo-polymerization.

By technology the market has been further divided into stereo lithography, Selective Laser Sintering (SLS), Fuse Deposition Modeling, Direct Metal Laser Sintering (DMLS), polyjet printing, inkjet printing, Laminated Object Manufacturing, Digital Light Processing (DLLP), Electron Beam Melting (EBM), and Laser Metal Deposition (LMD). Additionally the global aerospace 3D printing market has been further divided into five regions; they are North America, Asia Pacific, Middle East, Europe, and Africa and Latin America.

North America was the market leader in the aerospace 3D printing market in the year 2015. 3D printing is generally used in major industrial manufacturing sectors such as aerospace & defense, and healthcare companies. For example, GE utilizes laser-powered 3D printers to make products and parts for the aerospace industry.

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Continuous technological developments and monetary support from the government is also propelling the market for aerospace 3D printing in the North America region. The market for aerospace 3D printing in Asia Pacific is expected to grow at a prime rate during the forecast period from 2016 – 2024. This tremendous growth can be attributed to government funding and initiatives in research and development in the Asia Pacific region. 

Major players in this industry are EOS GmbH (Germany), Organovo Holdings Inc (U.S.)., 3D Systems Corporation, Stratasys Ltd (U.S.), Solvay S.A.(Belgium), Sandvik (Sweden) and Höganäs AB (Sweden) among others.

Smart Weapons Market to Witness Sales Slump in Near Term Due to COVID-19

With shift in nature of warfare, demand dynamics of weapons is changing across the globe. Lately, countries are opting for smart weapons. Integration of technology in weapons is shaping smart weapons. Moreover, the integration is facilitating ease of application of these smart weapons. At the same time, it is increasing the risk of causality even in case of slight mistake.

Most of these weapons are powered by laser and similar advanced technology. As a result, it offers high accuracy, reliable shots, and quick hit capability. Also, light weight of the weapon is minimizing the logistics carrying cost.  All these factors conjointly are boosting the adoption rate of smart weapons in defense system to enhance security system of country. Although, stringent arm regulations applied in various countries are likely to limit the growth of smart weapons market in forthcoming years.

The upcoming smart weapons market report provides insights about the segments and trends influencing growth of the market. The market report is divided on the basis of product type, end-user, application area, and regions. Further, role of each category is specified in the growth of market in the duration of forecast period (2019-2027).

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Smart Weapons Market: Notable Developments

Lately, Indian Police were supposed to be equipped with with biometric weapon safety and tracking system (WSTS). This will assist in tracking stolen weapons. Also, any stealing case could be easily prevented.

In the past few years, the police filed complaint of numerous incident of gun-snatching. As per the report, since 2016, almost 200 weapons, including AK-47s have fallen into hands of militants.

The weapon safety and tracking system has palm print and finger print scanners built into the grip that helps in operating trigger locks. Further, the integrated GPS in the weapon will enable easy tracking of the weapon, if lost. The devices can only be removed by biometric authorization of the enrolled user.

Some of the pioneers in smart weapons market are-

  • BAE Systems plc
  • The Boeing Company
  • L3Harris Technologies Inc.
  • Thales Group
  • Raytheon Company
  • MBDA

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Smart Weapons Market: Key Trends

Ammunitions along with other product segments are anticipated to account for significant growth rate in the course of forecast period. The growth is attributed to development of sensor fused weapons and advanced electro-optical precision integration kits.

In June 2018, Rafael launched firefly, a miniature loitering ammunition. It can be used along with electro-optical precision integration kit (EPIK) to provide precision guidance to surface-to-surface multiple rocket launch systems. In addition, it can also be used by dismounted soldiers.

Likewise, German Ministry of Defense provided Gesellschaft für Intelligente Wirksysteme mbH contract to initiate the manufacturing process of serial production of the SMArt 155 ammunition (Sensor-fuzed Munition for Artillery 155 mm), again. Earlier, the production was stopped in the year 2006. Serial production is planned to begin from 2024.

Smart Weapons Market: Regional Analysis

In recent years, North America has emerged as major market share holder and is anticipated to exhibit maximum growth in coming years as well. Increasing defense budget and on-going research and development activities are prominent factors contributing to the growth of smart weapons market in the region. Further, government regulations are also supporting growth of the market.

For example, the U.S. army placed an order BONUS to BAE Systems Bofors and Nexter Systems for production of a 155-millimeter heat-seeking anti-tank shell.

Likewise, in October 2016, the US navy signed a contract to provide advanced precision kill weapon system (APKWS) and laser guided rockets. The main reason behind the contract was to meet the weapon requirement of US Army, US Air Force, US Marine Corps, and to the allied nations.

Vibration Control Systems Market Forecast 2028 Major Companies

The vibration control systems are isolation systems that quickly detect incoming vibrations and have the potential of controlling the vibrations in a static or moving machine to decrease friction in static or moving machines. These systems also assist in safeguarding machine parts operations, heat generation, energy loss, cracks, and breakage. The aforementioned properties of vibration control systems may invite novel opportunities for the vibration control systems market to increase the growth rate across the forecast period of 2019-2028. The use of vibration control systems in a plethora of applications such as healthcare, oil and gas, manufacturing, aerospace and defense, electrical and electronics, and others can also aid in gathering sufficient steam for the growth of the vibration control systems market.

Rising disposable income and increased urbanization have resulted in the growth of the automotive sector to a great extent. These factors can eventually increase the growth rate of the vibration control systems market. The adoption of vibration control systems significantly for increasing automobile durability has brought tremendous growth opportunities for the vibration control systems market. Airplanes also use these systems for assuring maximum safety and comfort to the flight passengers. Hence, the vibration control systems market is also predicted to grow largely across the aviation sector.

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The COVID-19 outbreak has put a strain on the vibration control systems market growth to a certain extent. Nevertheless, prospects look bright post-lockdown and there is a ray of hope as the lockdown is being relaxed slowly and steadily, permitting various manufacturing units to resume the operations.

This upcoming report on the vibration control systems market provides an in-depth analysis of the current market situation. The report covers components like competitive landscape, key players, regional analysis, and ongoing trends. The report also offers thorough research on how the COVID-19 pandemic will impact the vibration control systems market. The segmental study enables an individual to thoroughly understand the vibration control systems market.

Vibration Control Systems Market: Competitive Analysis And Notable Developments

The vibration control systems market is a highly competitive market with various key players eyeing the dominant position in the vibration control systems market. Consistent research and development activities are gaining traction across the vibration control systems market. Some established players in the vibration control systems market are Cooper Standard, GERB, LORD Corporation, Bridgestone Corporation, and VICODA GmbH.

  • Bosch recently launched washing machines with noise-reduction technology and smart washer features. This development highlights the growing use of vibration control systems in electrical appliances.
  • The Government of India recently announced the withdrawal of government monopoly in the mining sector. It has allowed commercial mining to encourage private sector participation. This development enables the mining sector to offer substantial avenues for increasing the growth rate of the vibration control systems market.

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Vibration Control Systems Market: Key Trends

The vibration control systems market is garnering considerable traction due to a plethora of factors. The increasing use of vibration control systems in electrical and electronics appliances is bringing exponential growth for the vibration control systems market. In addition, government support is also proving to be beneficial for the growth of the vibration control systems market. As mentioned above in the notable development section, the removal of government monopoly in the mining sector by the Government of India is a classic instance.

Vibration Control Systems Market: Regional Outlook

Geographically, the vibration control systems market is segmented into Asia Pacific excluding Japan (APEJ), North America, the Middle East and Africa, Western Europe, and Eastern Europe. North America and APEJ may emerge as the key growth contributors for the vibration control systems market due to rapid industrialization and sound government policies across the regions.

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