UK Aerospace and Defence News

  The global autonomous aircraft market size is projected to reach USD 16.23 billion by the end of 2027. The rising investments in the development of improved aircraft infrastructure will emerge in favor of market growth. According to a report published by Fortune Business Insights, titled  “Autonomous Aircraft Market Size, Share & Industry Analysis, By Aircraft Type (Fixed-Wind and Rotary-Wing), By Component (Hardware and Software), By Technology (Increasingly Autonomous (IA) and Fully Autonomous), By Application (Commercial Aircraft, Air Medical Service, Passenger Air Vehicle, Cargo & Delivery Aircraft, Combat and ISR, Personal Air Vehicle, and Others), and Regional Forecasts, 2020-2027,”  the market was worth USD 4.56 billion in 2019 and will exhibit a CAGR of 22.68% during the forecast period, 2020-2027. The market includes the design and manufacture of aircraft, rockets, missiles, and spacecraft that operate in space. Defence equipment refers to weapons, arms, and equipmen

The unmanned ground vehicle market size was valued at USD 3.02 billion in 2021 and USD 3.09 billion in 2022. The market is expected to reach USD 4.55 billion by 2029 with a CAGR of 5.67% during the forecast period. Integration of AI for the development of next-generation Unmanned Ground Vehicles (UGVs) is expected to open a new set of opportunities is anticipated to drive market growth. The rise in demand for the product in the autonomous systems for commercial and defense applications is expected to propel the market course. Countries such as Poland and Denmark have declared an increase in the defense budget for security purposes, which is projected to assist in the market development.   Fortune Business Insights ™  shares this information in its report titled “ Unmanned Ground Vehicle Market , 2022-2029. ” Russian-Ukraine War Impact: Rising Investments in Strengthening Defense Forces Positively Influenced Market Growth The Russia-Ukraine war increased the budget for defense for many

  The global  autonomous ships market  size was  USD 6.40 billion  in 2020.The market is expected to grow from  USD 6.55 billion  in 2021 to  USD 12.07 billion  in 2028 at a CAGR of  9.13%  in the 2021-2028 period. This information is published by  Fortune Business Insights , in its report, titled,  “Autonomous Ships Market, 2021-2028.” As per our analysts, the inclusion of the latest and ground-breaking technologies in ships is a factor that bolsters the market growth as well as product demand. COVID-19 Impacts: COVID-19 Pandemic Unfavorably Affected Naval Industry The marine sector has confrontedunparalleleddifficultiesduringCOVID-19 pandemic across the globe. Production termination, supply chain commotion, and quarantine guidelines for workers resulted in declining growth of the market. The global COVID-19 pandemic influenced the market all across the world. During the ill-fated sequence of lockdowns, governments of all countries executed strict guidelines and standards to aid dimin

  The global aerospace 3D printing market size stood at USD 2.66 billion in 2021. The market is anticipated to rise from USD 2.94 billion in 2022 to USD 8.35 billion in 2029, at a 16.07% CAGR during the forecasted period.   Fortune Business Insights™   has deep-dived these inputs in its latest research report, titled, “ Aerospace 3D Printing Market ,   2022-2029 .” According to the study, surging demand for low-weight components will drive innovations across emerging and advanced economies. For instance, carbon fiber materials and shape memory alloys have become trendier to minimize aircraft’s weight. With the need for fuel-saving gaining prominence, industry players will continue to invest in the portfolio. Get free Sample PDF Brochure:- https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/aerospace-3d-printing-market-101613 Report Coverage The report offers a comprehensive perspective of the market size, share, revenue and volume. It has deep-dived into SWOT analysis. Q

  The global air ambulance service market size is anticipated to hit USD 10.30 billion by 2029 and exhibit a CAGR of 8.56% during the forecast period. The rising cases of chronic diseases such as cancer, diabetes, and others are expected to fuel the market growth.  Fortune Business Insights  has presented this information in its report titled,  “Air Ambulance Service Market, 2022-2029”.  The market size stood at USD 4.89 billion in 2021 and USD 5.79 billion in 2022. Furthermore, the adoption of modern technologies and implementation of swift technological developments in such services are estimated to stimulate market growth in the forthcoming years. COVID-19 Impact- Air Ambulance Services Witnessed a Speedy Recovery from COVID-19 Impact by Mid 2020 The coronavirus pandemic dramatically impacted several markets and industries. However, the services demand rose during the pandemic. Several health insurance and assistance firms, independent end-users, and helicopter emergency medical ser

  The global   autonomous aircraft market   size is projected to reach USD 16.23 billion by the end of 2027. The rising investments in the development of improved aircraft infrastructure will emerge in favor of market growth. According to a report published by Fortune Business Insights, titled  “Autonomous Aircraft Market Size, Share & Industry Analysis, By Aircraft Type (Fixed-Wind and Rotary-Wing), By Component (Hardware and Software), By Technology (Increasingly Autonomous (IA) and Fully Autonomous), By Application (Commercial Aircraft, Air Medical Service, Passenger Air Vehicle, Cargo & Delivery Aircraft, Combat and ISR, Personal Air Vehicle, and Others), and Regional Forecasts, 2020-2027,”  the market was worth USD 4.56 billion in 2019 and will exhibit a CAGR of 22.68% during the forecast period, 2020-2027. List of Leading Companies Profiled in the Autonomous Aircraft Market Research Report are: AeroVironment, Inc. (The U.S.) Airbus S.A.S. (the Netherlands) BAE Systems (Th

The global  power electronics market  size was valued at USD 52.70 billion in 2022. The market is projected to grow from USD 61.94 billion in 2023 to  USD 153.30 billion by 2030 , recording a CAGR of  13.8%  during the forecast timeframe of  2023-2030 . The global market is estimated to grow at a notable pace as these devices are being extensively used in several sectors such as aerospace, automotive, defense, residential, healthcare, space, and industrial. Various power electronic conversion systems, such as AC to DC, DC to AC, DC to DC, and AC to AC, are used in many applications. However, the rising demand for consumer electronic gadgets, such as TVs, personal computers, and battery chargers, has boosted the installation of AC to DC converters. These factors will enhance the usage of power electronic devices. LIST OF LEADING ORGANIZATIONS PROFILED IN THE REPORT Texas Instruments (U.S.) Infineon Technologies (Germany) On Semiconductor (U.S.) Analog Devices Inc. (U.S.) TDK (Japan) Qua

  The global bulletproof vest market size is expected to reach USD 1,998.1 million by 2027, exhibiting a CAGR of 7.23% during the forecast period. The increasing security concerns coupled with cross-border conflicts will fuel demand for bulletproof vests, which, in turn, will foster the healthy growth of the market, states Fortune Business Insights, in a report, titled “ Bulletproof Vest Market Size, Share and Covid-19 Impact Analysis by Material (Kevlar, Ultra-High-Molecular-Weight Polyethylene (UHMWPE), and Graphene) By Type (Level IIA, Level II, Level IIIA, Level III, and Level IV) By Product (Flexible Ballistic, Hard Armor Plate) By End User (Military, Law Enforcement, and Civil) and Regional Forecast, 2020-2027.”  The market size stood at USD 1,271.1 million in 2019. The coronavirus incident has caused colossal loss to several industries across the globe. The governments of several countries have instigated lockdown to thwart the spread of this deadly virus. Such plans have caused

The global aero wing market size is projected to reach USD 20.35 billion by 2028, exhibiting a CAGR of 8.98% during the forecast period. According to a new  Fortune Business Insights™  in its report, titled “ Aero Wing Market, 2021-2028 ”, the market value was  USD 12.52 billion  in 2020. The outbreak of the COVID-19 pandemic has triggered unprecedented upheavals for the aerospace industry, with supply chain uncertainties and trade & travel restrictions choking manufacturing operations in this industry. The aero wing market growth has gotten disrupted as well, registering a CAGR  -17.95%  and hitting a value of  USD 11.14 billion  in 2021, as a result of the upheavals created by the pandemic. Get Free Sample PDF Brochure:- https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/aero-wing-market-105074 CPI Aerostructures Bags $8.1 Million Wing Contract from Northrop Grumman In February 2019, US-based CPI Aerostructures announced that it has secured a huge contract worth U