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The global riflescopes market generated a revenue of USD 7.02 billion in 2019. It is also estimated to register 4.8% CAGR from 2020 to 2027. The rising preference for in-hand target weapons for precise shooting coupled with increasing cases of kidnapping, robberies, crimes, human trafficking and terrorist activities is expected to drive the demand for riflescopes.Read More »
The global aerospace and defense springs market size was valued at USD 260 million in 2018 and anticipated to grow with a CAGR of 5.2% during the forecast period, 2019 to 2025. Increasing demand for aircraft for commercial purpose due to the growing number of passengers are the major factors to drive market growth.Read More »
The global military and commercial parachutes market size was valued USD 617.2 million in the year 2018. It is projected to witness 6.1% CAGR over the forecasted years, 2019 to 2025. The rising investments across defense and military sector are anticipated to drive market growth for parachutes across the globe.Read More »
The global perimeter security market size is accounted for USD 17.7 billion in 2018 and projected to grow with a CAGR of 7.7%, during the forecast period, 2019 to 2025. Increasing terrorism activities across the world and growing number of cross border infringements have compelled governments to increase the border security force and safeguard the nation, which, in turn, is expected to drive the market growth in the forthcoming years.Read More »
The global aircraft maintenance repair and overhaul (MRO) market size was accounted for USD 75.71billion in 2018. It is projected to grow at the CAGR of 4.7%over the forecast period,2019 to 2025. The aircraft maintenance involves different multifaceted activities such as maintenance repair, Servicing, and overhaul (SMRO). All these key tasks are performed by OEMs. These services are also outsourced to service providers of aerospace engineering (ESP). These ESPs track on servicing activities and ensure maximum efficiency.Read More »
The global aerospace and defense maintenance, repair and overhaul (MRO) market size was accounted for USD 111.68 billion in 2018. It is expected to witness growth with 5.4% CAGR over the forecasted years, 2019 to 2025. This growth can be associated with surging air travel demand across the globe coupled with fleet renewal delay on account of reduced fuel prices.Read More »
The global aerospace parts manufacturing market size was worth USD 907.2 billion, in 2019. It is anticipated to register a CAGR of 4.1% over the forecast period. The fueling demand for new-generation, fuel-efficient, and lightweight aircraft, due to the concerns relating to the reduction of greenhouse gases is expected to drive growth.Read More »
The global Ceramic Armor Market was appreciated by US$ 1.75 billion in the year 2017. Plans for the transformation of the military, all over the world and emphasis on soldier survivability are fundamental issues motivating the progress of the business. The subdivision of defense, all over the world, deeply financing in innovative armor resources for example ceramics, that deliver higher airborne presentation.Read More »
The global small arms light weapons (SALW) market is expected to value at USD 25.76 billion by 2024. The market is subject to witness a substantial growth due to the growing concerns related to human rights, safety, and security. Increase in the number of intense crimes and increasing demand from defense &military sector are expected to drive the market growth of small arms light weapons.Read More »
The global homeland security market size is expected to value at USD 452.46 billion by 2024. The market is subject to witness a substantial growth due to the growing demand for safety equipment and solutions by various sectors such as aviation industry, maritime industry, and border-fence security.Read More »
Maintenance, repair and overhaul is a complex process in the aeronautical industry that possesses strict & precise requirements defined by air authorities to ensure passenger and aircrew safety.Read More »
The important development areas in the aerospace & defense telemetry market will be the Asia-Pacific and Middle East. The members countries of the BRICS group will witness reliable heights of development.Read More »