Man-portable Anti-armor Weapons Market Business Overview, Key Value, Demand and Forecast 2021-2025

The global market for man-portable anti-armor weapon is likely to see a positive growth over the coming years. According to a report by Transparency Market Research (TMR), a substantial 58% of the overall market revenue was held by the top four market players in 2016, making it a consolidated market. Yet, a number of small- and medium-sized enterprises are doing brisk business in regional markets, on account of their swiftly developing economies. The prominent players are expected to engage in the pursuit of valuable contracts from administrative and defense organizations in governments, who are constantly on the lookout for technologically advanced weapons and armor. Recently, Bharat Dynamics Ltd made a contract with the Indian Ministry of Defense to provide them with Milan-2T-Anti-tank guided missiles for the Indian Army. Prominent vendors in the global man-portable anti-armor weapons market are General Dynamics Corporation, MBDA Missiles Systems, Thales Group, Lockheed Martin Corporation, and Raytheon Company.

Our report predicts that the global man-portable anti-armor weapons market, which stood at US3.64 bn in the year 2016, will likely rise to US$6.38 bn by the end of 2025. Thus, over the forecast period from 2017 to 2025, the market in all probabilities will register a 6.5% CAGR.

Asia Pacific Region to Clock in Swiftest Growth Rate

While North America continues to dominate the market share in revenue since 2016, Asia Pacific is anticipated to witness a brisk growth rate. This could be attributed to the rising number of research and development activities being undertaken in the field of lightweight weapons in the region. Countries like India and China are heavily investing into developing anti-armor weapons of low weight. South Korea and other countries in the Asia Pacific expend vast amount of money in the procurement of man-portable anti-armor weaponry.

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Based on type, our report segments the overall man-portable anti-armor weapons market into anti-tank rifles, anti-aircraft missiles, recoilless rifles, and rocket propelled grenades. Among these, recoilless rifles are foretold to continue holding a substantial share in the market. The segment is expected to showcase a high growth rate among others. This significant demand could be on account of the rising utilization of these rifles in defense applications.

However, the segment of recoilless rifles, which held third-largest share in 2016, is expected to emerge as the most promising segment in terms of incremental growth opportunity over the forecast period. The demand for recoilless rifles is expected to benefit from their increasing usage among the defense forces as the projectiles fired from these rifles travel at a faster rate than most other man-portable anti-armor weapons. The demand for anti-tank rifle was comparatively less among the military forces in 2016, however, the demand is estimated to grow at a steady pace over the period from 2017 to 2025.

Market to Witness Most Promising Growth Opportunities in Asia Pacific

On the basis of geography, the global man-portable anti-armor weapons market has been segmented in the report as North America, Europe, Asia Pacific, Middle East and Africa, and Latin America. Of these, the market in North America contributed the dominant share of revenue in 2016 due to immense research and development activities undertaken in the field of lightweight anti-armor weapons.

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Although the North America market will continue to hold a massive share in the global market over the forecast period, the market in Asia Pacific is expected to register the most promising growth rate. This is attributed to the fact that emerging economies such as China and India are investing vast sums in designing and developing new technologically enhanced lightweight anti-armor weapons, while South Korea and other countries in rest of Asia Pacific are regularly procuring these man-portable anti-armor weapons.

Some of the leading companies actively participating in the global market for man-portable anti-armor weapons market are Lockheed Martin Corporation (U.S), Bharat Dynamics Limited (India), General Dynamics Corporation (U.S), Saab AB (Sweden), Raytheon Company (U.S), Thales Group (France), BAE Systems PLC (U.K), MBDA Missiles Systems (Germany), KONSTRUKTORSKOYE BYURO MASHYNOSTROYENIYA (Russia), and Nammo AS (Norway).

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Smart Bullets Market to Increase Exponentially During 2025

The global smart bullets market is largely consolidated with top six players, namely Lockheed Martin Corp., Boeing, Northrop Grumman Corp., BAE Systems, and General Dynamics Corp. holding more than 60% of the market in 2016, says a new research report by Transparency Market Research (TMR).

With keen players focused on product innovation and technological advancements to boost their market presence, competition within this market is expected to intensify in the upcoming years, says the report.

As per estimates presented in a report by Transparency Market Research, the global smart bullets market will expand at a healthy CAGR of 15.20% for the forecast period between 2017 and 2025. Progressing at this pace, the market’s valuation of US$270.4 mn in 2015 will become US$955.4 mn by the end of the forecast period in 2025.

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Larger Defense Budget to Maintain North America’s Dominance

Amongst all, in 2016, the land segment stood as the leading end user with a share of 43.6% in the smart bullets market. Analysts estimate the land segment to retain its dominant position over the forecast period, thanks to the increasing military and defense budgets in emerging economies for the development of smart weapons.

North America, closely trailed by Europe dominated the overall market in 2016 accounting for more than 42% share. Europe is also a key market for smart bullets. The demand in the region is driven by significant budget from the government in countries such as the U.K., France, Russia, and Germany for the development of smart weapons.

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Integration of Technologically Advanced Weapons in Defense Operations Drives Growth

The increasing defense budget of several countries around the world is heavily influencing the global smart bullets market. Developed economies such as the U.S., France, and the U.K, along with swiftly advancing economies such as India and China as well as are increasingly integrating smart bullets in their defense operations.

Smart bullets find significant usage in airborne, land, and naval weapons. The land segment emerged as the leading end user for smart bullets in 2016 with a share of 43.6%. Researchers anticipate the scenario to remain so over the forthcoming years, thanks to the increasing investments in the military and defense sector for the development of smart weapons in developing economies. Over the next few years, the presence of war-like situations in various countries, such as Turkey, Ukraine, Lebanon, China, India, France, Afghanistan, and Pakistan, is likely to increase the overall demand for smart bullets, reflecting positively on this market.

Massive increase in defense budgets of military organizations of several governments worldwide is fuelling the smart bullets market. As the name suggests, smart bullets are integrated with avant-garde technology that enables targeting with higher precision. In addition, smart bullets are automated that reduces human intervention, thereby enables to target with high precision. Such advantages fuels the smart bullets market.

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North America is the fore among other key regions in the smart bullets market. The region being home to some established players, along with wide prevalence of technology are favorable to the growth of smart bullets market in the region. Europe is another key region in the smart bullets market. Developed countries of the region such as Germany, France, and the U.K. are upgrading their defense capabilities for national security. This includes smart weapons such as smart bullets.

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New Report On Battery Fuel Gauge IC Market Evolving Technology and Growth Outlook 2021 to 2030

 

• A battery fuel gauge, also known as a battery gas gauge, determines battery state-of-charge (SOC) and state-of-health (SOH) of a battery.
• Use of a battery fuel gauge IC is helpful to predict how long the battery can continue to provide power under specific operating conditions
• One of the essential tasks of battery fuel gauge IC is to establish proper communication between the user and the battery so as to maintain appropriate health statistics of the battery
• Battery fuel gauge IC is classified based on type and includes single cell and multiple cell
• Battery fuel gauge ICs are used in automotive, medical devices, mobile electronic devices, robots, and other applications

Growing Demand for Battery Fuel Gauge IC for Consumer Electronics Applications

• Battery fuel gauge ICs are largely used in consumer electronic devices such as smartphones, laptops, notebooks, and digital cameras as it determines how long the battery can provide continuous power supply
• Battery fuel gauge IC increases battery runtime and lifespan of consumer electronic devices by combining a small footprint with outstanding measurement accuracy and extremely low power consumption.

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• The exponential adoption of lithium batteries in consumer electronics applications is propelling their market growth and development, as lithium ion batteries have long life compared to lead acid and other type of batteries
• As a result of these factors, demand for lithium ion (Li-ion) batteries in consumer electronics devices is growing, which is expected to drive the global battery fuel gauge IC market during the forecast period
• However, as a Li-ion cell ages, it loses its ability to store charge due to which it delivers the usable voltage for a shorter period of time than a newer cell even if it is fully charged, which is anticipated to moderately restrain the growth of the global battery fuel gauge IC market

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North America to Lead the Battery Fuel Gauge IC Market

• In terms of region, the global battery fuel gauge IC market can be divided into North America, Europe, Asia Pacific, Middle East & Africa, and South America
• North America is anticipated to dominate the global battery fuel gauge IC market throughout the forecast period, as a large number of manufacturers of battery fuel gauge ICs operate in the region
• Additionally, many well-established players based in North America are focusing on development of new technology in battery fuel gauge IC which is expected to boost the market in the region during the forecast period
• The battery fuel gauge IC market in Europe and Asia Pacific is expected to expand at a substantial rate during the forecast period. On the other hand, the market in Middle East & Africa and South America is estimated to expand at a moderate pace during the forecast period.

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Key Players Operating in the Global Battery Fuel Gauge IC Market

The global battery fuel gauge IC market was highly fragmented in 2019. Major players operating in the global market are focusing on technological advancements and expansion to meet the rising demand for battery fuel gauge IC. Moreover, manufacturers are signing partnerships for the development of innovative products.

Key players operating in the global battery fuel gauge IC market are:

• Analog Devices, Inc.
• Linear Technology
• Maxim Integrated
• Microchip Technology Inc.
• ON Semiconductor
• Orion BMS
• Renesas Electronics Corporation
• ROHM CO., LTD.

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Qualitative analysis of Military Laser Designator Market Revenue & Industry Analysis By 2027

According to a new market research report published by Transparency Market Research titled ‘Military Laser Designator Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019–2027,’ the global military laser designator market is projected to expand at a CAGR of 4.3% during the forecast period. According to the report, the global market would continue to be influenced by a range of macroeconomic and market-specific factors, such as increasing complexity of customers, sales, and other operational data of SMEs as well as large enterprises.

Advantages offered by military laser designators and increasing production and usage of lightweight laser designators are expected to boost the global military laser designator market in the next few years.

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North America market to witness prominent growth, followed by Europe

In terms of revenue, Europe accounted for a significant share of the global military laser designator market in 2019. The region witnesses presence of a large number of aircraft manufacturers that are incorporating military laser designators in their new fighter jets. Advantages associated with laser designators are increasing their in aircraft and helicopters. Adoption of laser designators is increasing in homeland securities, while military laser designators are increasingly being employed for soldiers and troops. Moreover, increase in spending on research and development activities in aerospace and defense sectors is also expected to propel the market in Europe during the forecast period.

Registering the advantages offered by military laser designator, various countries have been adopting it with aim to enhance the security system and to safeguard aerial or ground attacks accurately. Lately, the military designator market is witnessing high demand rate in Germany, the UK, China, Japan, Russia, the US, and South Korea.

Adoption of new technologies in the digital warfare has resulted in the development of lightweight laser designators, as these systems assist in rapid mobility of troops and help in reducing the fatigue of soldiers. According to a news published by Endeavor Business Media, LLC., army navigation and targeting experts have kicked off a 10-year program to build an electro-optical, all-weather, day-and-night target designation and laser range finder system, in view of better performance of lightweight laser designators.

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Present-day laser designators fabricated by using legacy designs and manufacturing processes are too heavy, bulky, and costly. This has created need to improve manufacturing processes so as to produce affordable and lightweight laser designator modules for use in small UAV and UGV platforms and portable soldier systems. Major players are adopting new technologies related to laser designators to make these equipment easy to handle.

UTC Aerospace Systems, Alpha Design Technologies Pvt. Ltd., Northrop Grumman Corporation, Thales Group, and L-3 Technologies Inc. likely to continue to lead the global military laser designator market

The profiling of top players, based of revenue generated from military laser designators, operating in the global military laser designator market includes their key financials, SWOT analysis, and headquarters for 2017. Key players operating in the global market and profiled in the report are UTC Aerospace Systems, Alpha Design Technologies Pvt. Ltd., Northrop Grumman Corporation, Thales Group, L-3 Technologies Inc., Leonardo S.P.A., General Atomics, Elbit Systems Ltd., FLIR Systems Inc., and RPMC Lasers.

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Sensing Cable Market Market Growth By Top Companies with Forecast 2027

According to a new research report published by Transparency Market Research (TMR) , the global sensing cable market is expected to reach a value of more than US$ 1,300 Mn by 2027, expanding at a CAGR of more than 6% from 2019 to 2027. According to the report, the global sensing cable market is likely to continue to be influenced by a range of macroeconomic and market-specific factors in the next few years. In terms of demand, Asia Pacific is projected to continue to lead the global sensing cable market, with the market in the region expanding at a CAGR of more than 7% between 2019 and 2027. 

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Global Sensing Cable Market: Overview

• Over the last few years, there has been significant increase in the adoption of the multi-layer hydraulic fracturing method for the extraction of oil, particularly in North America.
• This is attributable to the increase in the domestic consumption of oil in the region, which has driven the demand for oil and gas. Consequently, sensing cables would be increasingly used in the process of hydraulic manufacturing. This presents significant growth opportunities to the sensing cable market in North America.

Liquid Segment to Dominate the Global Sensing Cable Market

• The liquid segment was dominant, holding 66.28% share of the global sensing cable market in 2018. The segment is anticipated to continue its prominence in the global sensing cable market throughout the forecast period.
• This growth can be attributed to increasing incidences of water and oil leakage across the globe.

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In 2018, the global sensing cable market recorded a sales of more than US$ 750 million. Growth was driven by sustained demand from industries where harsh working conditions necessitate an efficient heat and leakage tracing apparatus. With the broadening range of applications, manufacturers have put an innovation spin to the market, and have launched novel features in sensing cables to suit the changing end-user requirements and specific industrial applications. It is in view of these broader trends that the sensing cable market is likely to surpass US$ 800 million in 2019.

Liquid sensing cables are becoming a mainstay of the oil & gas industry, as fatal accidents caused by pipeline spills have significantly increased in recent years. Sensing cables are likely to become integral to the production monitoring systems in the oil & gas industry, accounting for nearly half of the revenue share of the global market. Manufacturers in the sensing cable market are adopting new strategies, such as launching innovative products for the oil & gas industry to capitalize on its positive growth prospects.

The cable industry has seen a sea change with industry players launching new products to penetrate new environments. Frontrunners in the sensing cable market are investing heavily in research & development (R&D) to introduce flexible and robust design options in order to maintain class-leading sensing performance. However, performance quality and reliability are some of the key challenges faced by manufacturers operating in the sensing cable space.

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Some of the key market players are modifying their business models in a bid to maintain the reliability and precision of their sensing cables. For example, Prysmian Groups Pry-Cam – a leading player in the energy and telecom cable systems industry – recently revealed its new business strategy to offer electrical cable system monitoring services. With this new business strategy, the company aims to provide its customers real-time access to the information collected by its sensing cables in order to make it less burdensome for them to ensure the precision, speed, and reliability of performance.

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Vibration Sensor Market Growth, Trends, Analysis and Forecasts to 2027

According to a new research report published by Transparency Market Research (TMR) , the global vibration sensor market is expected to reach a value of ~ US$ 4.5 Bn by 2027, expanding at a CAGR of ~ 5% from 2019 to 2027. According to the report, the global vibration sensor market is likely to continue to be influenced by a range of macroeconomic and market-specific factors in the next few years. In terms of demand, Asia Pacific is projected to continue to lead the global vibration sensor market, with the vibration sensor market in the region expanding at a CAGR of ~ 5% between 2019 and 2027. 

Global Vibration Sensor Market: Overview

• The last few years have seen significant rise in the awareness about predictive maintenance as well as safety in various high growth regions such as North America, Europe, and Asia Pacific.
• This is attributable to the increase in the adoption of vibration sensors in several industry verticals. Vibration sensors are used to measure and analyze parameters such as linear velocity, displacement, and acceleration. These parameters are required to monitor machine health that further improves productivity as well as reduces maintenance cost. Also, the use of vibration sensors is increasing as machine condition monitoring plays an important role in improving the performance of machines.

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• These factors have driven the demand for vibration sensors in Asia Pacific. Increase in the demand for vibration sensors in high growth regions is projected to directly increase the growth of the global vibration sensor market.

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Accelerometers Hold a High Share in the Global Vibration Sensor Market

• The accelerometers segment was dominant, holding 71.46% share of the global vibration sensor market in 2018. The segment is anticipated to continue its dominance throughout the forecast period in the vibration sensor market.
• Piezoelectric type accelerometer vibration sensors have large demand within various industry verticals.

A significant boost to the industrial Internet of things and the growing integration of wireless sensor network technology have augmented growth in the global vibration sensor market. Wide integration of these networks helps in better understanding of the machines, and resolving related issues at the initial stage. Most of the tech giants such as IBM, Capgemini, and others have integrated these wireless networks. Recently, North Carolina-based metal parts manufacturer BC Machining LLC. deployed a machine integrated a monitoring solution that helped in improving productivity and optimizing the utilization of computer numerical control (CNC) machines.

Nowadays, MEMS accelerometers are available at competitive prices, and are being widely utilized by a large number of manufacturers and industry players. The prices of MEMS accelerometers are comparatively very low than piezoelectric accelerometers and piezoresistive accelerometers, and these are expected to further reduce in the coming years.

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In terms of volume, as well, the demand for MEMS accelerometers is high, and by the end of 2027, their sales are expected to reach ~ 14.5 million units. Players are taking initiatives to enhance services related to MEMS accelerometers. For example, Safran Colibrys SA is a one-stop-shop manufacturer that offers a full supply chain, from designing to manufacturing and final testing of MEMS accelerometers. These accelerometers are designed for harsh environments and safety-critical applications.

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C4ISR Market Future Growth and Geographical Regions to 2027

Governments across the globe are investing heavily in defense and military activities. With increasing terror attacks, changing war techniques, and increasing use of technology in crime has forced the government to get become tech-savvy. Therefore, they have started using C4ISR (command, control, communications, computers, intelligence, surveillance and reconnaissance) at a great level. C4ISR helps in tracking information from a vast range of systems from land-based radar to binoculars for observation and through various other means like communication satellites

Global C4ISR Market: Dynamics

With growing information and increasing crimes, C4ISR has benefitted governments across the globe. As and when its importance and usage is increasing, more and more players providing this facility are increasing. With the increasing number of players participating in the global C4ISR market has turned the market highly fragmented, and also increased the competition among the players.

Players are further offering improved services and are using advanced technologies to provide better information. They are also engaged in mergers and acquisition, expansion, and collaboration to further extend their dominance in the market. Additionally, these players are not only concentrating in developed regions but are extending their services in developing regions as well.

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With growing competition and innovating in the C4ISR market, this market is expected to attain valuation of ~ US$ 135.80 Bn by the end of 2027. This value can be only attained if the market rises at 3.68% CAGR between 2019 and 2027.

Among the different types of components in the global C4ISR market, reconnaissance and surveillance are projected to lead the market over the projected forecast tenure. The growing use of advanced technology in warfare has encouraged the use of surveillance and reconnaissance. The role of reconnaissance and surveillance is becoming highly crucial in military activities, as the need to counter stealthy threats in an effective and timely manner in increasing.

The global C4ISR market is fragmented in nature with large number of companies operating in the market. Leading players are currently focusing on providing technologically enhanced products to the customers. Moreover, as part of this strategy, companies are engaging in various strategic partnerships and acquisitions, focusing on expanding their business through new service additions and geographical presence.

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Some of the prominent players identified in the C4ISR market and profiled in the study include

• L-3 Communications Holdings, Inc. (The U.S)
• Lockheed Martin Corporation (The U.S)
• Rockwell Collins, Inc. (The U.S)
• Northrop Grumman Corporation (The U.S)
• The Raytheon Company (The U.S)
• Elbit Systems Ltd (The U.S)

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