Sonar System Market Size, Share, Industry Overview & Competitive Insights by 2032
The global SONAR system market is expected to grow steadily, reaching $3.76 billion by 2029, with an annual growth rate of 7.96%. According to a report by Fortune Business Insights™, the market was valued at $2.09 billion in 2021 and rose to $2.20 billion in 2022. SONAR (Sound Navigation and Ranging) is an advanced technology that uses…
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Space Situational Awareness Market Size, Share, Industry Forecast, Trends, Growth, and Competitive Insights by 2032
The global space situational awareness (SSA) market was worth about $1.97 billion in 2024. It is expected to grow from $2.09 billion in 2025 to $3.01 billion by 2032, with an average yearly growth rate of 5.3%. North America led the market in 2024, holding a 37.05% share. The Space Situational Awareness (SSA) market focuses on tracking,…
Unmanned Ground Vehicles Market Size, Share, Driver Factors Influencing Key Companies and Industry Trends by 2032
The global unmanned ground vehicles (UGVs) market size was valued at approximately USD 3.07 billion in 2023 and is projected to grow to USD 6.35 billion by 2032. This growth, with a compound annual growth rate (CAGR) of 8.6%, is largely driven by increasing use in supply transport, explosive disposal, and military applications. Informational Source: https://www.fortunebusinessinsights.com/unmanned-ground-vehicles-market-102525 Key…
Marine Propeller Market Size, Share, Industry Growth Trends and the Role of Key Segments by 2032
In 2021, the global marine propellers market size was worth $3.48 billion. It is expected to grow from $3.60 billion in 2022 to $5.68 billion by 2029, with an average annual growth rate of 6.76%. The Asia Pacific region led the market, holding a 34.77% share in 2021. The marine propeller market is growing steadily due to…
AC Servo Motors and Drives Market Size, Share, Key Companies and Emerging Trends in Industry Growth by 2032
In 2019, the global AC servo motors and drives market size was valued at $6.80 billion. It is expected to grow steadily, reaching $6.88 billion in 2020 and $6.91 billion by 2032, with an annual growth rate of 12% during this period. The Asia Pacific region led the market in 2019, holding the largest share of 34.56%….
Space Electronics Market Size, Share, Industry Overview & Key Drivers by 2032
In 2023, the global space electronics market was valued at $9.03 billion and is expected to grow to $9.44 billion in 2024. By 2032, the market is projected to reach $14.15 billion, growing at an average annual rate of 5.2%. North America led the market in 2023, holding the largest share at 39.98%. The space electronics market…
Military Communications Market Size, Share, Industry Overview & Competition by 2032
The global military communication market was worth $33.12 billion in 2023. It’s expected to grow to $34.74 billion in 2024 and reach $60.40 billion by 2032, with an average growth rate of 7.2% each year during this time. In 2023, North America held the largest share of the military communications market, accounting for 31.49%. The military communications…
Airborne SATCOM Market Size, Share, Competitive Industry Analysis by 2032
The global airborne SATCOM market size is expected to gain momentum owing to the growing demand for lightweight SITCOM components during the forecast period. This information is published by Fortune Business Insights™ in an upcoming report, titled, “Airborne SATCOM Market, 2021-2028.” It offers high-speed data and performance for transmission and lightweight for airborne applications. The increasing focus on military…
GNSS Simulators Market Size, Share, Key Players & Growth Insights by 2032
The global gnss simulators market size is expected to gain momentum backed by the growing demand for advanced wearables across the globe. Additionally, the high demand for unmanned aerial vehicles across the military and defense sector is likely to propel the demand for advanced gnss simulators. A gnss simulator efficiently emulates the surrounding of a gnss receiver…