Military Radar Market SWOT Analysis, Business Summary & Forecast 2027

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.

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.

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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.

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.

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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.’

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Smart Water Meter Market By Excellent Opportunities, Industry Growth, Size, And Statistics Forecasts Up To 2026

The demand within the global smart water meter market is rising on account of growing focus on water conservation across regional territories. The scanty levels of freshwater reserves across the world has generated a sense of alarm amongst the masses. Several international conferences and conventions have taken water conservation as an important agenda.

Furthermore, global leaders have engaged in pragmatic discussion and debate to resolve the water crisis that surrounds the world. Several countries in Africa are feared of running out of ample water resources over the course of the next few decades. Therefore, the global smart water meter market is growing as the need for optimization of water resources gains swing.

• Climate experts and environmentalists have predicted unfavourable patterns of rainfall over the next few years. Moreover, the growing dangers of acid rain have led conservationists to preserve the existing fresh water reserves. In this scenario, judicious usage of water across commercial, industrial, and residential domains has become a necessity. Smart water meters have emerged as an important technology that can change the way people consume water for their needs. These meters can help in measuring the requirements and usage of water across a particular locality during a given period of time. Smart water meters have been hailed as a central force that can foster sustainability across the planet.

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The development of smart cities across leading countries and territories has given an impetus to the sale of smart water meters. These meters are a part of the robust, succinct, and globally accepted ecosystem that surrounds a smart city. Smart water meters can function in sync with several other technologies such as smart electric meters. The ability of municipal bodies to gather insights about water usage across a locality shall play a vital role in driving demand within the market.

North America is expected to hold a major share of the global market for smart water meter during the forecast period. Leading share of the region is primarily attributable to strong presence of well-established players across the region, especially in the prominent economy i.e. the U.S. Moreover, the U.S. Government is investing heavily in deploying innovative smart water meters in place of older water meters across the country.

North America is home to several well-established players that manufacture smart water meters, including Badger Meter, Inc., Sensus USA Inc., and Itron Inc. Furthermore, the region is witnessing high adoption of smart water meters due to continuously increasing government investments in the region.

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Several manufacturers in the region are focusing on enhancing the quality of their quality and developing innovative products to capture a wide customer base. For instance, in June 2018, Itron Inc. introduced an innovative product called Itron Intelis smart water meter at the AWWA Conference. Itron Intelis smart water meters offer additional water management capabilities and advanced metering infrastructure (AMI) through Gen5 networks and Itron’s interoperability.

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Commercial Satellite Imaging Market Share, Revenue, And Average Price By Manufacturers Shared In A Latest Research Report

Led by Galileo Group Inc., Planet Labs Inc., Blacksky Global, Telespazio, Exelis Inc., DigitalGlobe Inc., SkyLab Analytics, Trimble Navigation Ltd., and Spaceknow Inc., the global commercial satellite imaging market demonstrates a highly competitive business landscape, states Transparency Market Research (TMR) in a new research study.

These players are likely to remain dominant in the global commercial satellite imaging market in the next few years. They are expected to focus on establishing strong distribution channels across various industries in the near future in order to strengthen their position in the global market, notes the research study.

According to the research report, the overall opportunity in the global commercial satellite imaging market stood at US$ 3.82 Bn in 2018. The global commercial satellite imaging market is anticipated to expand at a CAGR of 11.61% and reach US$10.23 bn by the end of the forecast period. Energy, geospatial technology, natural resources management, construction & development, disaster response management, defense and intelligence, conservation and research, and media and entertainment sectors have surfaced as the key application areas for commercial satellite imaging solutions across the world, states the research report.

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North America to Continue to Dominate Global Commercial Satellite Imaging Market

Asia Pacific, North America, Middle East & Africa, Europe, and Latin America have emerged as the major regions of the global commercial satellite imaging market. North America leads the global commercial satellite imaging market. This trend is estimated to continue in the near future. The commercial satellite imaging market in Asia Pacific is also anticipated to expand at a steady pace in the next few years, states the research study.

Technological Advancements to Boost Global Commercial Satellite Imaging Market

“Of late, the global commercial satellite imaging market has been observing tremendous growth,” says a TMR analyst. The emergence of a number of technologies and applications, such as Google Earth, is supporting the growth of the global commercial satellite imaging market. Constant advancements in technologies is also boosting the global commercial satellite imaging market.

On the flip side, the need for high capital investments in research activities for the advancement of commercial satellite imaging production techniques may act as a restrain to the growth of the global commercial satellite imaging market in the near future. Nonetheless, the presence of untapped opportunities in emerging economies is expected to normalize the impact of these deterrents over the next few years, states the research report.

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The review is based on a report by Transparency Market Research, titled “Commercial Satellite Imaging Market (End-user: Government, Commercial Enterprises, Civil Engineering Industry, Military, Forest, Agriculture, Energy Sectors, and Insurance; and Application: Energy, Geospatial Technology, Natural Resources Management, Construction and Development, Disaster Response Management, Defense and Intelligence, Conservation and Research, and Media and Entertainment) – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2019–2027.”

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Air Quality Monitoring Equipment Market – Detailed Account Of Growth Drivers, Trends, Opportunities, And Challenges Impacting By 2027

Transparency Market Research delivers key insights on the global air quality monitoring equipment market. In terms of revenue, the global air quality monitoring equipment market is estimated to expand at a CAGR of ~8% during the forecast period, owing to numerous factors, regarding which TMR offers thorough insights and forecasts in its report on the global air quality monitoring equipment market.

Air quality monitoring equipment are used for monitoring the level of pollution present in the atmosphere. These equipment help in keeping a track of the pollution level and air quality in order to avoid fatigue, discomfort, and dizziness, which further hamper the overall productivity level. The global air quality equipment market is primarily driven by rising concerns pertaining to ill effects on air pollution on the health of citizens in addition to prompt efforts by governments of various countries to curb air pollution. Based on type, air quality monitoring equipment are classified into indoor air quality monitoring equipment and outdoor air quality monitoring equipment. Among these, outdoor air quality monitoring equipment are largely being adopted, as these equipment are useful to monitor the level of pollution present in the atmosphere.

Furthermore, based on application, the global air quality monitoring equipment market has been segmented into industrial, commercial, and residential. The industrial sector is increasingly adopting air quality monitoring equipment and governments of multiple countries are focusing on implementing stringent rules to reduce air pollution. This, in turn, is expected to boost the global air quality monitoring equipment market during the forecast period.

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Air Quality Monitoring Equipment Market: Dynamics

Adoption of air quality monitoring equipment in smart city projects is growing. This is due to the emergence of smart cities, population, and increase in the number of vehicles. This has led to rise in air pollution. Thus, efficient management of air quality plays an important role in smart cities. Air quality monitoring equipment have been evolving led by the rising trend of Internet of Things (IoT). Air quality monitoring sensors used in large numbers in these equipment help in collecting a large volume of data related to air quality. This data is useful while making decisions pertaining to air pollution.

Several smart cities across the globe are installing air quality monitors to evaluate air pollution. In 2019, in London (the U.K.) an air quality monitoring network equipped with a large number of air quality monitors was launched to improve the quality of air in the city. Thus, growth in the number of smart city projects across the world is expected to boost the demand for air quality monitoring equipment in the near future.

Moreover, demand for air quality monitoring equipment is rising worldwide, as a result of launch of a large number of air quality monitoring systems in several countries. For instance, in 2019, Jersey, a player based in the U.K., announced the launch of an air quality monitoring system that can collect real-time environmental data to help government agencies in curbing air pollution. Launch of new air quality monitoring systems across the globe is projected to drive the global market for air quality monitoring equipment during the forecast period.

Furthermore, India and the U.K. entered into strategic partnerships with each other in the year 2019 to build a comprehensive air quality monitoring system that can measure air pollution. This partnership would be leading to the installation of air quality monitoring systems in Bengaluru, India, to measure the air pollution level by collecting data from sensors. Additionally, several manufacturers are focusing on the development of technologically advanced air quality monitoring equipment to curb air pollution effectively. Furthermore, the demand for air quality monitoring equipment is rising among consumers for use in homes, owing to increased awareness about air quality monitoring at residential places and increasing adoption of smart buildings. This is expected to be a prominent factor propelling the global air quality monitoring equipment market during the forecast period.

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Air Quality Monitoring Equipment Market: Prominent Regions

Asia Pacific is the dominant region of the global air quality monitoring equipment market. Growth of the market in the region can be attributed to growing adoption of air quality monitoring equipment in the industrial sector in the region. Air quality monitoring equipment are used in various sectors, which include industrial, commercial, and residential. Among these, air quality monitoring equipment are largely used in industrial applications such as power & utilities, construction, mining, and oil & gas. This is attributable to increasing awareness about monitoring of air quality among environmental protection agencies in various countries.

Moreover, increasing number of air quality monitoring stations is expected to further drive the air quality monitoring equipment market in the region during the forecast period. Thus, rising adoption of air quality monitoring equipment in industrial applications is driving the demand for air quality monitoring equipment in Asia Pacific. Additionally, multiple manufacturers of air quality monitoring equipment operate in Asia Pacific, which are continually striving to develop technologically advanced air quality monitoring equipment.

Thus, rising adoption of air quality monitoring equipment in the industrial sector is likely to boost the demand for air quality monitoring equipment in Asia Pacific between 2019 and 2027. The market in North America and Europe is estimated to witness significant growth during the forecast period, owing to high demand for air quality monitoring equipment in the industrial sector in these regions to keep a track of the pollution level and air quality. The air quality monitoring equipment market in Middle East & Africa and South America is expected to witness moderate growth in the near future.

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GaN Semiconductor Devices Market Trends, Emerging Technologies And Growth Analysis By Forecast To 2027

Transparency Market Research delivers key insights on the global GaN semiconductor devices market. In terms of revenue, the global GaN semiconductor devices market is estimated to expand at a CAGR of 14.5% during the forecast period, owing to numerous factors, regarding which TMR offers thorough insights and forecasts in its report on the global GaN semiconductor devices market.

Gallium nitride (GaN), a wide band gap semiconductor material, is a newer technology compared to other semiconductor materials, such as gallium arsenide (GaAs) and silicon carbide (SiC). GaN semiconductor devices offer a competitive advantage in terms of thermal performance, efficiency, weight, and size. GaN is the next-generation power semiconductor and hence, different countries are involved in developing widespread applications of GaN semiconductors. The wide band gap (WBG) semiconductor technology has matured rapidly over the last few years.

Based on product, the global GaN semiconductor devices market has been classified into power semiconductors, radio devices, and opto semiconductors. Among these, opto semiconductors are being adopted largely, as they absorb and emit light. Photodiodes, LEDs, solar cells, and semiconductor lasers are all categorized as opto semiconductors. Furthermore, based on end-use industry, the global GaN semiconductor devices market has been classified into information & communication technology, automotive, consumer electronics, aerospace & defense, and others.

The consumer electronics sector is increasingly adopting GaN semiconductor devices, as GaN is widely incorporated into radio frequency devices, light-emitting diodes (LEDs), and power electronics, due to its ability to operate at a high frequency and high temperature. This, in turn, is expected to boost the global GaN semiconductor devices market during the forecast period.

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GaN Semiconductor Devices Market: Dynamics

Improved responsiveness and enhanced battlefield performance are important areas of focus for the defense sector. Hence, a high level of integration is required between radar communication systems and electronic warfare devices that are used in military. Due to high breakdown voltage and rapid heat dissipation capacity, GaN semiconductor devices have benefitted the defense industry greatly.

A major application of GaN in the military sector is its usage in HEMTs (high electron mobility transistors), which are required for high-frequency operations. Furthermore, due to high temperature resistivity, low power consumption, high breakdown voltage, better thermal stability, and high electron mobility, GaN semiconductor devices are widely acknowledged as ‘green technology’ by different industrial sectors. These devices are largely used in light-emitting diodes (LEDs), radio frequency (RF) amplifiers, and power electronics, due to their unique properties. With rapid advancements in technology, usage of GaN is expected to be extended to various other commercial applications.

Additionally, advancements intended to increase wafer diameters are expected to improve the efficiency and reduce the cost of GaN devices, eventually improving the performance of these devices and making GaN more acceptable compared to other semiconductor materials. These are expected to be prominent factors propelling the global GaN semiconductor devices market during the forecast period.

GaN Semiconductor Devices Market: Prominent Regions

Asia Pacific is a dominant region of the global GaN semiconductor devices market. Growth of the market in the region can be attributed to presence of a large number of GaN raw material suppliers in the region. A majority of market players in this region are located in Japan, South Korea, and China. The lower production and labor costs in these countries are aiding manufacturers to set up their production facilities. Additionally, the GaN semiconductor devices market in Asia Pacific is primarily driven by the increasing demand from the consumer electronics sector, most importantly from mobile, communication, and computing segments of the sector. The electronics industry in countries such as China and India is expanding at a rapid pace.

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Hence, these countries are expected to be potential markets for GaN semiconductor devices in the near future. In addition, China is planning to adopt LED and solid-state lighting technologies as well as radio frequency devices in the next few years. Thus, owing to growing economy and significant availability of skilled labor and raw materials, several companies are looking forward to shifting their manufacturing units to Asia Pacific. Considering all the above-mentioned factors, the GaN semiconductor devices market in Asia Pacific is expected to witness steady growth between 2019 and 2027. The market in North America and Europe is estimated to witness significant growth during the forecast period, due to wide utilization of GaN-based transistors in defense & military and consumer electronics sectors in these regions. The GaN semiconductor devices market in Middle East & Africa and South America is expected to witness moderate growth in the near future.

GaN Semiconductor Devices Market: Key Players

Key players operating in the global GaN semiconductor devices market are Cree, Inc., Efficient Power Conversion Corporation, FUJITSU, GaN Systems, NICHIA CORPORATION, NXP Semiconductors, Renesas Electronics Corporation, Toshiba Corporation, Texas Instruments Incorporated, and Transphorm Inc.

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Wavefront Sensor Market Size, Share And Development By 2030

Transparency Market Research delivers key insights on the global wavefront sensor market. In terms of revenue, the global wavefront sensor market is estimated to expand at a CAGR of ~25% during the forecast period, owing to numerous factors, regarding which TMR offers thorough insights and forecasts in its report on the global wavefront sensor market.

A wavefront sensor is a device used for measuring the aberrations of an optical wavefront. Wavefront sensors are used in consumer, biomedical, military & defense, and industrial & manufacturing end-use industries, and in communication fields to measure the wavefront distortion in camera lenses, head-mounted displays, 3D printing, and free-space optical communication, among others.

Wavefront sensors are largely used in biomedical microscopy to diagnose individual cells accurately. Thus, the demand for wavefront sensors is projected to rise across the globe in the near future with the growing trend of making novel biomedical microscopes and camera lenses to perform operations precisely, quickly, and safely. The adoption of technologically advanced, accurate wavefront sensors has increased in the military & defense sector with the introduction of new technologies and innovations, thereby creating lucrative opportunities for the global wavefront sensor market.

The global wavefront sensor market has been broadly segmented into type and end-use industry. Based on type, the market has been divided into Shack-Hartmann wavefront sensor, wavefront curvature sensor, pyramid wavefront sensor, common path interferometer, and multilateral shearing interferometer.

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Based on end-use industry, the market has been segregated into consumer (head-mount displays, camera lenses, and others), biomedical (ophthalmology, biomedical microscopy, cell analysis, and others), military & defense (laser defense system, biometric security, surveillance, and others), industrial & manufacturing (precision manufacturing, machine vision, 3D printing, and others), and communication & others (free-space optical communication, sensing, and others). Among types, the Shack-Hartmann wavefront sensor segment holds significant market share and is anticipated to expand at a rapid pace during the forecast period. This can be attributed to significant use of Shack-Hartmann wavefront sensors in biomedical microscopy, biometric security, and surveillance applications.

Wavefront Sensor Market: Dynamics

The use of wavefront sensors in medical microscopy plays a vital role in scientific research studies in multiple universities across the globe. For instance, a team of scientists at the Hong Kong University of Science and Technology developed an adaptive optics two-photon excitation fluorescence microscopy for high-resolution in vivo fluorescence imaging of mouse retina by using direct wavefront sensing.

Fluorescence microscopy is useful to study the properties of organic or inorganic substances accurately and effectively. Thus, adoption of wavefront sensors in biomedical microscopy is significantly high, which is expected to drive the global wavefront sensor market during the forecast period.

In recent decades, the semiconductor industry has undergone multiple changes; among these, miniaturization in semiconductor technology has made a significant contribution to the success of modern electronics in many fields. Digital Light Processing (DLP) is a 3D printing process, and a type of vat polymerization where a projector is used to cure photopolymer resin.

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DLP 3D printers have faster build speeds due to a single layer being created in one singular digital image. In September 2018, Sprybuild, a Ukrainian 3D printing startup developed and filed a patent for a new continuous DLP 3D printing technology called CPWC (Continuous Production with Wavefront Converting), which is used to build the fastest DLP 3D printers in the world. Thus, rise in the use of faster build speed DLP 3D printers has spurred the demand for wavefront sensors, which is expected to bolster the growth of the market during the forecast period.

Wavefront Sensor Market: Prominent Regions

According to regional analysis, North America is the dominant region of the global wavefront sensor market. The growth of the market in the region can be attributed to the significant manufacturing capability of players operating in the North America market to produce wavefront sensors for military & defense and biomedical applications. The U.S. has proved to be the most diversified and dynamic market. A majority of Shack-Hartmann wavefront sensors is used in the biomedical sector for biomedical microscopy and ophthalmology applications; this is anticipated to drive the wavefront sensor market in North America in the next few years.

The U.S. held a major share of the North America wavefront sensor market, in terms of revenue, followed by Canada, in 2019. However, in terms of revenue, the market in Mexico is anticipated to expand at a substantial CAGR during the forecast period. Europe is focusing on the adoption of wavefront sensors in order to strengthen its biomedical, consumer, and industrial & manufacturing sector. Germany is home to several well-established players that design and offer wavefront sensors. Thus, rising demand for wavefront sensors in biomedical, consumer, and industrial & manufacturing sectors is anticipated to boost the wavefront sensor market in Europe during the forecast period. The wavefront sensor market in Asia Pacific is estimated to witness prominent growth during the forecast period. The market in Middle East & Africa and South America is expected to witness moderate growth in the near future.

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MDO Films Market Size, Share And Major Industry Players Forecast (2020-2026)

According to a recent study by Transparency Market Research (TMR), the MDO films market is well positioned to expand by 1.4x of its current market value by the end of 2026. The rising demand for packaging solutions in diverse industries such as food & beverages, healthcare, personal care, agriculture, and others will support growth of the market between 2020 and 2026.

The TMR study offers some very crucial insights into the market. For instance, it uncovers hidden growth prospects and gauges investment feasibility across various segments. Some of the key takeaways from the report are highlighted below:

• Manufacturers are likelier to opt for polypropylene (PP) plastic to produce lightweight MDO films. In terms of materials, the PP segment is forecast to hold the dominant share of 45% in the market
• Among manufacturing processes, blown films will account for more than 2/3rd of the market and is likely to remain dominant through the course of the report’s forecast period
• Based on packaging applications, bags & pouches are likely to remain dominant. The segment is forecast to expand significantly in the coming years
• The food & beverages segment is likely to emerge dominant. By the end of 2026, the industry is forecast to account for more than 42% of the global market
• Regionally, North America has emerged as the most lucrative market for MDO films. The presence of well-established food sector, including formidable online food service companies, besides a sophisticated infrastructure of pharmaceutical companies will support growth in the region.

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TMR sees incredible opportunities ahead for the market, thanks to the rising demand from various industries. MDO films are considered excellent packaging solutions that offer barrier against moisture, oxygen, and bacteria. This is one of the most sought-after features helping the market gain traction from various industries.

F&B Sector to Remain Dominant End User

Food and beverages industry has continued to account for the lion’s share of the overall market. The expansion of food service chains besides skyrocketing demand for convenience food and easy-to-eat meals has fuelled the demand for efficient packaging solutions.

MDO films are increasingly used for the packaging of food, dairy products, confectionery, snacks, and beverages. The expansion of food chains and changing eating bits in India, China, and ASEAN countries are expected to positively impact the market.

MDO films such as CPP films have become common packaging solutions in North America, where the demand for ready-to-eat and partially-cooked food is visibly high. The rising consumption of convenience food, besides the increasing demand for efficient packaging solutions will enable growth in the MDO films market.

Opportunities Abound in Asia Pacific

While North America continues to lead the global market, Asia Pacific is fast emerging as a major hub for MDO film producers. Expansion of the food & beverages, pharmaceutical, personal care, cosmetics, and agriculture sectors has bode well for the MDO films market in Asia Pacific.

Because Asia Pacific is home several high potential and upcoming markets it offers plenty of scope for investment. Some of the leading market players have been shifting their focus towards Asia Pacific either by collaborating or acquiring local players or buy introducing their brands via product launches.

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A key point to note here is that Asia Pacific is likely to exhibit considerably high demand for flexible packaging solutions. These packaging types are increasingly replacing the conventional and rigid packaging that used non-plastic materials.

MDO films are lightweight and better durable. With latest advancements in technologies they are also improving in flexibility. Spurred by these improvements, the demand in China and India is expected to surge considerably in the coming years.

Chances of Possible Quality Degradation

Most commercial films available in the market are either mono layered or 3 layered. In the last couple of years, the demand for 5 and 7 layer barrier films has surged as well. MDO films, which can offer excellent flexibility, it requires expert operators with substantial experience to possess a feeling of the likely outcome whenever variables are changed during production or processing.

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