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Gallium Nitride Power Device Market Trend, Growth, Size, Share and Future Prospects (2020-2026) by Historical Data base

The Global Gallium Nitride Power Device Market is likely to experience dynamic growth in the forthcoming years as a result of rapid innovations and technological advancements, along with speedy globalization.

The Gallium Nitride Power Device Industry report contains market revenue, market share, and production of the service providers is also mentioned with accurate data. Moreover, the global market report majorly focuses on the current developments, new possibilities, advancements, as well as dormant traps. Furthermore, the market report offers a complete analysis of the current situation and the advancement possibilities of the market across the globe.

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The chemical industry has undergone tremendous changes over the past decade. Armed with an extensive and diverse range of products, the industry has found prolific success in developing as well as developed economies. Post the economic recession of 2007, this industry has grown at a steady pace. Spreading awareness about environmental issues and evolving consumer preferences are positively impacting this industry.  As per the European Chemical Industry Council, the demand and consumption of chemicals in Europe is anticipated to increase. Targeted investments in R&D for developing novel chemical-based products are likely to feed the proliferation of factories and other industrial units. Furthermore, the surging demand for chemicals is a consequence of increasing consumer spending. Employment in this sector is also expanding at a rapid rate, which in turn is expected to generate several growth opportunities.  These factors are thus expected to drive the Gallium Nitride Power Device Market Analysis in the forthcoming years.

Top Key Players of Gallium Nitride Power Device Market:-

  • Microsemi Corporation (The U.S.),
  • Analog Devices, Inc. (The U.S.),
  • Cree, Inc. (The U.S.),
  • Qorvo, Inc. (The U.S.),
  • MACOM Technology Solutions (The U.S.),
  • Efficient Power Conversion Corporation (The U.S.),
  • Integra Technologies, Inc. (The U.S.),
  • Transphorm Inc. (The U.S.),
  • Navitas Semiconductor Inc.& (The U.S.),
  • NXP Semiconductors N.V. (The Netherland),
  • Texas Instruments, Inc (The U.S.),
  • Infineon Technologies AG (Germany),
  • On Semiconductor & Corporation (The U.S.),
  • Texas Instruments, Inc (The U.S.)
  • and among others.

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Digitization is an emerging trend in the chemical industry, which is driving the Gallium Nitride Power Device Industry. Digital tools will help companies to collect and analyse important and relevant data and draw valuable insights, thereby enabling them to make more informed and better quality decisions. Advanced technologies such as machine learning (ML), artificial intelligence (AI), Internet of Things (IoT), blockchain, and others are envisaged to disrupt the present governing dynamics of the Gallium Nitride Power Device Market Outlook Increasing urbanization and globalization, especially in emerging economies, is further supporting the expansion.

However, the Gallium Nitride Power Device Market growth is likely to be hindered by the COVID-19 pandemic as lockdowns, social distancing, and trade restrictions have caused massive disturbances in the global supply chain networks. Production operations have slowed down as plants and factories are being forced to function with a reduced workforce. Together, these factors have shrunk the revenues of key players in this market, which will inevitably hamper investments in the market. Nonetheless, certain companies will also experience exponential growth owing to the escalating demand for packaged medical and pharmaceutical products, personal protective equipment, and packaged food & beverage items.

Research Methodology:-

The Gallium Nitride Power Device Market Forecast report offers an in-depth evaluation of the chemical industry and the demand drivers for chemicals by highlighting information on several aspects of the market, including drivers, trends, opportunities, and challenges. In addition to this, the report sheds light on the industry developments by key players, which are contributing to the expansion of this industry. Information given in the research report pertains to different technological advancements introduced in recent years, which allows for a meticulous analysis of the industry and offers a more comprehensive understanding to the readers. These advancements will help companies to gain decisive advantage in the competitive landscape of the market. Companies are also adopting diverse strategies to stay ahead of their competitors. These strategies include: mergers and acquisitions, partnerships, collaborations, and new product developments, among others.

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The information has been gathered through primary and secondary sources, comprising of interviews from several industry experts and professionals. Secondary sources such as press releases, information from recognized institutes, and other collaterals have been utilized to holistically analyze the industry. Further, top-down and bottom-up approaches have also been employed to ensure 360-degree assessment.

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Drone Sensor Market Share, Types, Opportunity, Growth Factors and Research Strategy by Top Key Players 2020 to 2026

The Drone Sensor Market Size is expected to experience a substantial growth during the forecast period. This is attributable to the increasing demand for unmanned aerial vehicles (UAVs) in agriculture and the recent advancements in drone sensor technology across the globe. This information is published by Fortune Business Insights, in its upcoming report, titled, “Drone Sensor Market Size, Share & Industry Analysis, By Sensor Type (Inertial Sensor, Image Sensor, Speed and Distance Sensor, Position Sensor), By Platform Type (VTOL, Fixed-Wing, Hybrid), By Application (Navigation, Collision Detection & Avoidance, Data Acquisition), By End-User (Construction, Media & Entertainment, Precision Agriculture) and Regional Forecast, 2019-2026.”

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Surging Demand for Drones amid COVID-19 to Aid Growth

The COVID-19 outbreak led to an unprecedented economic loss owing to a complete halt of industrial applications across the globe. Several economies are still reeling and are further anticipated to experience sluggish growth in the near future. However, amid the pandemic, the demand for drones has skyrocketed. Drones are turning out useful in performing several tasks without the human intervention that is expected to contain the spread of the disease. The market is thriving and is anticipated to showcase a significant growth in the coming years.

A drone sensor plays an important role in an unmanned aerial vehicle (UAV). It is integrated into the UAVs to perform several tasks such as providing high-resolution imaging, mapping, measuring air pressure, and recording accurate positioning of the subject. There are various types of sensors such as gyroscope, accelerometer, GPS, barometer, and magnetometer that are used in several industrial applications such as military, agriculture, packaging, and aerospace.

What does the Report Include?

The market report includes a detailed assessment of various growth drivers and restraints, opportunities, and challenges that the market will face during the projected horizon. Additionally, the report provides a comprehensive research into the regional developments of the market, affecting its growth during the forecast period. It includes information sourced from the advice of expert professionals from the industry by our research analysts using several methodologies. The competitive landscape offers further detailed insights into strategies such as product launches, partnerships, mergers and acquisitions, and collaborations adopted by the companies to maintain market stronghold between 2019 and 2026.

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DRIVING FACTORS

Increasing Adoption of UAVs in Agriculture to Surge Demand

The growing population rate is driving the demand for food across the globe. To cater to the increasing food demand, several agricultural companies are adopting innovative methods to boost food production. One such method is using drones in agriculture that are being extensively adopted by the farmers to monitor crops, irrigation, soil and field analysis, livestock monitoring, and crop health assessment, among others. The increasing adoption of drones and remarkable advancement in the drone sensor technology is expected to boost the global drone sensor market growth during the forecast period. For instance, in July 2020, FLIR, a leading drone sensor solutions provider, announced the launch of new compact, lightweight, and low power sensor module best suited for small drones.

REGIONAL INSIGHTS

Presence of Major Companies in North America to Promote Growth

Among all the regions, North America is expected to remain dominant and hold the highest global drone sensor market share in the forthcoming years. This is attributable to the presence of major companies such as Aerotenna, Swift Navigation, Inc., and YOST LABS, among others in the countries such as the U.S. Additionally, the increasing use of drones in the U.S. for surveillance, intelligence, and reconnaissance purposes is expected to drive the demand for drone sensor in the region. The market in Europe is anticipated to showcase a considerable growth during the forecast period. This is ascribable to factors such as the increasing adoption of military drones in the battlefield operation between 2019 and 2026.

COMPETITIVE LANDSCAPE

Major Companies Launching New Products to Strengthen Product Portfolio

The global drone sensor market is highly consolidated, attributable to the presence of several major companies that are focused on introducing new drone sensor products to strengthen their positions. Additionally, they are adopting strategies such as collaboration, partnerships, and mergers and acquisitions to maintain their presence in the highly competitive global marketplace. For instance, in July 2020, DroneSheild, a leading drone sensor manufacturer, introduced the updated version of its detection system, RfOne MKII sensor. According to the company, the sensor efficiently detects, identifies, and tracks drones over a distance of up to 8 kilometers.

Industrial Developments:

  • November 2019: AVT Australia announced that is has signed a contract with the Australian Government. According to the company, the contract is worth USD 3.6 million and is aimed at improving the drone sensor technologies for the Australian Army.

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List of the Companies Operating in the Market:

  • Aerotenna (U.S.)
  • SBG Systems S.A.S. (U.S.)
  • Swift Navigation Inc. (U.S.)
  • Collins Aerospace, a United Technologies company (U.S.)
  • Velodyne Lidar, Inc. (U.S.)
  • YOST LABS (U.S.)

About Us:

Fortune Business Insights™ offers expert corporate analysis and accurate data, helping   organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them to address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.

 

Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.

 

At Fortune Business Insights™, we aim at highlighting the most lucrative growth opportunities for our clients. We, therefore, offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges.

 

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Power Electronics Market Business Advancements 2020: Industry Outlook, Share, Size and Development Strategy by Top Manufacturers 2026

The Global Power Electronics Market Size is projected to gain impetus from the increasing demand for electric vehicles from the military and defense sector. An upcoming report by Fortune Business Insights titled, “Power Electronics Market Size, Share & Industry Analysis, By Type (Power Discrete, Power Module, Power IC), By Material (Silicon, Silicon Carbide, Gallium Nitride, Sapphire, Others), By Voltage (Low Voltage (Below 1 Kv), Medium Voltage (1.1 Kv to 2.0 Kv), High Voltage (Above 2.0 Kv) ), By End User(Commercial, Military) and Regional Forecast, 2019-2026,” will discuss the market and its prime growth trajectories in details.

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The devastating impact of the COVID-19 pandemic has created a major dent on the world economy. Most businesses are temporarily shut owing to the stringent imposition of lockdown by the governments of various nations. The ones that are able to operate from homes are barely able to generate meagre revenue. The increasing cases of corona positive people and the rise in demand for medical professionals and facilities have created a major emergency situation in the whole world.

What are the Objectives of the Report?

The report is based on an elaborate overview of the market and factors driving, restricting, challenging, and creating opportunities for the market. It also throws light on the key industry developments, current trends, and other interesting insights into the market. The report further lists the names of the major players and the strategies adopted by them to gain a significant position in the market competition. The report is available for sale on the company website.

Drivers & Restraints:

Growing Need to Use Renewable Energy Sources to Add Impetus:-

The increasing concern regarding environmental pollution, and the rising inclination towards the use of renewable sources of energy stands as the key factor boosting the global power electronics market growth. In addition to this, the market is also driven by the increasing popularity of consumer electronics and the growing popularity of electric vehicles worldwide.

However, the high cost of advanced energy used for running power module integrated devices may cause hindrance to the growth of the market. Nevertheless, the increasing expenditure on aerospace and defense industry by various nations and the increasing delivery of aircrafts are expected to create lucrative growth opportunities for the market in the long run.

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Segmentation-

Detailed Segmentation of Power Electronics Market:-

The global market for power electronics categorized into type, material, voltage, end user, and regions. Based on type, the market is segmented into power IC, power module, and power discrete. In terms of material, the market is classified into sapphire, gallium nitride, silicon carbide, silicon, and others. With respect to voltage, the market is grouped into high voltage, medium voltage, and low voltage. The end-user segment is bifurcated into military and commercial.

Regional Analysis-

High Demand for IGBT Power Modules to Help North America Dominate Market:-

Geographically, the market is widespread into the regions of Europe, North America, Asia Pacific, Latin America, and Middle East and Africa. Among these, North America is holding the major power electronics market share on account of its high expenditure on space research and development activities, coupled with the advancement of military technologies, that improved the capability of military weapons. Furthermore, the increasing demand for IGBT power modules will also drive the regional market in the coming years.

On the other side, the market in Asia Pacific is expected to gain attractive revenue in the coming years on account of the increasing investment in military upgradation programs, especially advanced military weapons.

Competitive Landscape-

Companies are engaging in Producing Variety of Power Modules to Earn the Lion’s Share:-

Most of the companies operating in the market for power electronics are focusing on generating more revenue by engaging with the defence and military sectors of various nations. This will help players gain a competitive edge in the market competition. Besides this, players are also engaging in brand expansion for making a mark in the world competition. Players are also investing in manufacturing of power modules to maintain their position in the market competition.

List of Companies Profiled in the Report:-

  • Analog Devices, Inc (The U.S.)
  • On Semiconductor Corporation (The U.S.)
  • Renesas Electronics Corporation (Japan)
  • Microsemi Corporation (The U.S.)
  • Texas Instruments Inc. (The U.S.)
  • NXP Semiconductors N.V. (The Netherland)
  • Mitsubishi Electric Corporation (Japan)
  • TT Electronics Plc (The UK)
  • STMicroelectronics N.V. (Switzerland)
  • Infineon Technologies AG (Germany)
  • Collins Aerospace (The U.S.)
  • Qorvo, Inc. (The U.S.)
  • Others

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Industry Developments:-

  • 2019 – A defense budget of USD 44.6 billion was declared by the Indian government for the FY 2019-20, representing a growth rate of 6.87% over the 2018 budget.
  • 2020 – An allocation of about USD 718 billion was requested by the U.S. Defense industry for exceeding the 2019 budget by 5%.

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Fortune Business Insights™ offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them to address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.

Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.

At Fortune Business Insights™, we aim at highlighting the most lucrative growth opportunities for our clients. We, therefore, offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand current competitive challenges.

 

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Anti-Jamming Market Share, Size, Top-Vendor Landscape, Industry Overview, Demand Factors and Growth Prediction 2020 to 2026

The Global Anti-Jamming Market Size is anticipated to witness remarkable growth in the coming years on account of the increasing demand for GPS Technology in military applications. More information about the market is provided in an upcoming report by Fortune Business Insights titled, “Anti-Jamming Market Size, Share & Industry Analysis, By Receiver Type (Military & Government-Grade, Commercial Transportation Grade), By Technique (Nulling System, Beam Steering System, Civilian System), By Application (Flight Control, Surveillance & Reconnaissance, Position, Navigation & Timing), By End-User (Military, Civilian) and Regional Forecast, 2019-2026.”

 

Drivers & Restraints:

Development of Technologically Advanced GPS Infrastructure to Augment Growth:-

One of the many factors boosting the global anti-jamming market growth include the increasing demand for technologically advanced GPS systems and continuous investment to improve the GPS infrastructure. In addition to this, the increasing need to reduce the interferences of external noise from various electronic devices will also add impetus to the growth of the market.

On the negative side, the availability of substitute options for GPS such as Precision Terrain Aided Navigation (PTAN), is expected to cause hindrance to the market growth in the forecast period. Nevertheless, the increasing demand for anti-jamming from military sectors for use in various applications are expected to create lucrative growth opportunities for the market in the long run.

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Key Questions Answered:

Why Choose Fortune Business Insights?

What are the key demands and trends shaping the market?

What are the key opportunities in the market?

What are the key companies operating in the market?

Which company accounted for the highest market share?

What is the market size and growth rate of the global and regional market by various segments?

What is the market size and growth rate of the market for selective countries?

Which region or sub-segment is expected to drive the market in the forecast period?

What Factors are estimated to drive and restrain the market growth?

 Segmentation:

Detailed Segmentation of Anti-jamming Market:

The global anti-jamming market is grouped on the basis of receiver, techniques, application, end-user, and region. The receiver section is bifurcated into commercial transportation grade, military & government grade. The technique segment nulling system, beam steering system, and civilian system. In terms of application, the market is segmented into casualty evacuation, targeting, position, navigation & timing, surveillance & reconnaissance, flight control, and others. Amongst end-users, the market is bifurcated into civilian, and military.

Regional Analysis:

Presence of Key Players to Help North America Emerge Dominance:-

Regionally, North America is holding a significant anti-jamming market share on account of the presence of major players such as Novatel Inc., Raytheon Company, Harris Corporation, and others. Besides this, strong military trade relations with the U.S. army is expected to help this region continue dominating the market in the coming years.

On the other side, the Asia Pacific market is expected to showcase notable growth in the coming years on account of the rise in expenditure on the defense sector, coupled with the expansion of GPS anti-jamming solutions at efficient prices. Furthermore, the European market will also witness notable growth in the coming years on account of increasing adoption of GPS technology by the commercial sector.

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 List of Companies Profiled in the Report:-

  • Furuno Electric Company Ltd.(Japan)
  • Collins Aerospace, a United Technologies company (The U.S.)
  • Raytheon Company (The U.S.),
  • BAE Systems plc (The U.K.)
  • U-Blox Holding AG (Switzerland)
  • Mayflower Communications Co. Inc. (The U.S.)
  • Infinidome Ltd. (Israel)
  • Novatel Inc. (Canada)
  • Harris Corporation (The U.S.)
  • Cobham PLC (The U.K.)
  • Others

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 Industry Developments:-

June 2018 – Israel Aerospace Industries (IAI) and Honeywell entered into a strategic collaboration for the development of an integrated navigation system. The main objective behind this is to reduce the possibility of external interference in signal.

November 2018 – A contract was awarded to the U.S. Air Force’s (USAF) by the defence and aerospace company SEAKR Engineering for constructing advanced prototypes for space digital processing for use in satellite communication.

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Fortune Business Insights™ offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them to address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.

Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.

At Fortune Business Insights™, we aim at highlighting the most lucrative growth opportunities for our clients. We, therefore, offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand current competitive challenges.

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Anti-Drone Market Trend, Types, Application Analysis, Size, Share, Top Key Players and Deep Research 2020 to 2026

The Global Anti-Drone Market Size is anticipated to rise remarkably in the coming years on account of the increasing cases of security breach by unidentified drones. The market is discussed in details in an upcoming report titled, “Anti-Drone Market Size, Share & Industry Analysis, By System (Neutralizing System, Detection System), By Technology (Electronic System, Laser System, Kinetic System), By Application (Detection, Detection & Disruption), By End-User (Government, Military & Defence, Commercial, Critical Infrastructure) and Regional Forecast, 2019-2026.”

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The COVID-19 pandemic imposed a major setback on the world economy. The increasing number of coronavirus cases has put the healthcare sector under a major crisis owing to the lack of medical facilities, and professionals. The imposition of temporary lockdown for safety reasons by the governments of various nations have resulted in a huge loss for most of the businesses worldwide.

Fortune Business Insights has studied various markets impacted by the COVID-19 pandemic and are offering analytical reports on the same. These reports will help interested candidate accordingly plan ahead of the future.

Drivers & Restraints:

Rising Incidences of Security Breach to Propel Growth:-

Anti-drone system is used for inspecting the presence or entry of an unauthorized drone in a specific area. Therefore, there is a high demand for anti-drones for security issues from the defense sectors such as army, navy, and airforce. In addition to this, the increasing demand from government, and commercial sectors are also expected to promote the global anti-drone market growth. Moreover, the growth of the anti-drone technology and increasing investments on security against terrorist activities will also aid in expansion of the market in the coming years.

On the flipside, the high investments on R&D and the increasing concerns regarding public safety may pose challenge to the growth of the market. Despite this, the rising need for developing scalable and versatile anti-drones are expected to create lucrative growth opportunities for the market in the coming years.

List of Companies Profiled in the Report:

  • Liteye Systems, Inc. (The U.S.)
  • Dedrone Holdings, Inc. (The U.S.)
  • Blighter Surveillance Systems Ltd. (The U.K)
  • Thales Group (France)
  • Raytheon Company (The U.S.)
  • Israel Aerospace Industries Ltd.(Israel)
  • Saab Ab (Sweden)
  • Droneshield Ltd.(Australia)
  • Lockheed Martin Corporation (The U.S.)
  • Others

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 Segmentation:

Detailed Segmentation of Anti-Drone Market:-

The global market for anti-drones is categorized on the basis of system, technology, application, end-user, and regions. Based on system, the market is bifurcated into detection system, and neutralizing system. In terms of technology, the market is classified into kinetic system, laser system, and electronic system. Amongst applications, the market is bifurcated into detection and detection & disruption. In terms of end-user, the market is grouped into government, public venues, military & defence, critical infrastructure, commercial, households, and others.

Regional Analysis-

North America Dominated Market Owing to Rise in Government Initiatives:-

 Among all regions, North America earned the largest anti-drone market share on account of the presence of key companies such as Liteye Systems Inc., Lockhead Martin Corporation, and others. On the other side the Europe market will witness notable growth in the forecast period on account of the rising investments from private-firms for installing the latest technology into anti-drones for better surveillance purposes. The growing use of commercial drones will help this regional market gain significant revenues in the coming years.

Furthermore, the market in Asia Pacific is expected to showcase rapid growth rate on account of the rising incidences of security breaches by unauthorized drones and improving defense sectors of various nations such as India, and China.

Industry Developments:-

  • July 2019 – Terra Drone Corporation, a Japanese company and NTDCCS IT Team entered into a collaboration for creating Terra Drones CCS, a venture to offer anti drone system to the Middle East Countries.
  • January 2019 – The US Defense solutions firm (SRC) and the US Army signed a $108 million worth contract for delivering an anti-drone technology called the Silent Archer counter-UAS system.

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The report answers the following questions:

  • What fierce is the market competition?
  • Who are the major players of this market and what are their key strategies?
  • What is the impact of the COVID-19 pandemic on the anti-drone market?
  • What are the current trends prevalent in this market?

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Fortune Business Insights™ offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them to address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.

Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.

At Fortune Business Insights™, we aim at highlighting the most lucrative growth opportunities for our clients. We, therefore, offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand current competitive challenges.

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Aircraft Fuel System Market Insights, Size, Share, Growth factors, Application Assessment and Forecast Research 2020 to 2026

The Aircraft Fuel System Market is set to gain traction from the increasing need for a constant flow of clean fuel to the aircraft engine from the fuel tank. This information is given by Fortune Business Insights™ in an upcoming report, titled, “Aircraft Fuel System Market Size, Share & Industry Analysis, By Application (Military, Commercial , UAV), By Engine (Jet aircraft engine, Helicopter engine, Turboprop engine, UAV engine), By Type (Gravity feed fuel system, Fuel injection system, Pump feed system), By Component (Fuel tank, Fuel valve, Fuel pump, Fuel filter, Fuel gauge, Fuel line) and Regional Forecast, 2019-2026.”

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The report further states that aircraft fuel systems are of various types depending upon the complexities and size of the aircraft. Pump feed system, fuel injection system, and gravity feed fuel system are some of the most commonly used aircraft fuel systems.

The COVID-19 pandemic is affecting the global economy severely. Hospitals are running out of beds for patients and various industries are facing disruptions in their supply chains. We don’t know till when this difficult phase will continue. Hence, we are developing in-depth reports that would help you to better understand the effects of this pandemic on every market.

Aircraft Fuel System Market Manufacturers:-

  • Eaton Corporation (the U.S.)
  • Honeywell International Inc. (the U.S.)
  • Triumph Group Inc. (the U.S.)
  • GKN PLC (the U.K)
  • Parker Hannifin Corporation (the U.S.)
  • United Technologies Corporation (the U.S.)
  • Woodward Inc. (the U.S.)
  • Other reputed companies

Drivers & Restraints-

High Demand for UAVs to Accelerate Growth:-

The rising demand for demand for unmanned aerial vehicles (UAV), increasing aircraft deliveries, and surging adoption of cost-effective aircraft are the main drivers for the aircraft fuel system market growth. Besides, the rapid development of lightweight aircraft fuel systems worldwide is set to affect the market positively in the near future. However, nowadays, aircraft operators are developing fuel-efficient engines to cope up with the frequent changes in oil prices. This factor may hamper the aircraft fuel system market growth during the forthcoming years.

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Regional Analysis-

Presence of Several Manufacturers in North America to Favor Growth:-

Regionally, North America is projected to dominate throughout the forecast period by generating the largest aircraft fuel system market share. The U.S. is set to majorly contribute to this growth as it is considered to be the biggest manufacturing hub for the aerospace industry. There are multiple small scale raw material suppliers, MRO players, and manufacturers present in this country.

Asia Pacific, on the other hand, is expected to grow significantly owing to the rising number of aircraft deliveries that is likely to occur in the next five years. Also, an increasing expenditure in the military in countries, such as India and China would propel growth in this region. Europe would grow steadily backed by the presence of industry giants, such as Cobham, Safran, and Meggit in this region.

Key Benefits:-

  • Comprehensive elaboration Market share and growth factors
  • Global Aircraft Fuel System Market offers updates on the Industry player to expand their market share.
  • It offers a multitude of strategic business strategies that can help in the foreseeable future.
  • To examine and study size, volume, value, regions and countries.
  • It helps in understanding the major key product segments.
  • It offers regional analysis of Manufacturers along with business development of several stakeholders.
  • It offers analytical data with strategic planning methodologies.
  • Detailed overview of Industry sales, revenue, product demand-supply.

Competitive Landscape-

  • January 2020: Maverick Helicopters, a renowned tourism operator announced its plans to upgrade the entire fleet of 34 EC130 B4 helicopters at Heli-Expo 2020. The company will equip these helicopters with the Airbus crash resistant fuel system.

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This Report Answers the Following Questions:-

  • What are the market dynamics and opportunities?
  • Which companies would generate the largest revenue in the market?
  • What are the strategies adopted by key companies to surge sales of aircraft fuel systems?
  • Which region is set to exhibit the highest growth in the global market?

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Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.

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News Press Release US Markets

Airborne Surveillance Market to Rise Steadily; Rising Deployment of Unmanned Aerial Vehicles for Commercial Operations to Aid Market Expansion

The Global Airborne Surveillance Market Size is expected to expand at a considerable pace on account of increasing adoption of intelligence, surveillance, and reconnaissance (ISR) technologies by major military powers, shares Fortune Business Insights™ in its report, titled “Airborne Surveillance Market Size, Share & Industry Analysis, By Type (Radar, LiDAR, Imaging System), By System (Manned System, Unmanned System), By Application (Commercial, Military) and Regional Forecast, 2019-2026”.

Countries around the world are actively enhancing their surveillance capabilities to deter any external aggression on their territories. Airborne surveillance aircraft can play a key role in aiding countries secure their land, air, and maritime borders, which is stoking their adoption across the globe. For instance, in July 2020, the UK Royal Navy’s Air Squadron announced its intention of deploying the much-awaited Puma drones by end of 2020.

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These drones can fly for 20km and transmit the collected data to a computer directly. Similarly, in July 2017, the Royal Australian Air Force (RAAF) ordered 12 EA-18G Growlers and 5 Gulfstream Jets to strengthen its aerial electronic warfare capabilities. Being cost-effective and having high operational efficiency, these unmanned aerial vehicles (UAVs) are likely to witness surging demand as countries look to ramp up their defense capabilities in the coming years.

List of Key Companies Profiled in the Airborne Surveillance Market Report:

  • Saab AB (Sweden)
  • Reutech Radar Systems (South Africa)
  • General Dynamics Corporation (the U.S.)
  • Lockheed Martin Corporation (the U.S.)
  • Thales Group (France)
  • Northrop Grumman Corporation (the U.S.)
  • The Raytheon Company (the U.S.)

The advent of the COVID-19 pandemic has led to an unprecedented and severe economic downturn, inexplicably damaging industries and businesses in a variety of ways. Governments are implementing strategies to rejuvenate their economies. However, recovery from this crisis is likely to be slow and full of suffering. In this scenario, having comprehensive information about different markets is vital for your business. We, at Fortune Business Insights, are providing detailed analysis of the impact of the coronavirus outbreak on this market, powered by our years of experience and expertise in the domain of market intelligence.

Highlights of the report include:

  • Tangible insights into the market drivers, trends, and restraints;
  • Qualitative and quantitative analysis of all market segments;
  • Thorough study of the regional developments and prospects of the market; and
  • Detailed research into the competitive dynamics of the market.

Market Driver

Growing Applicability of UAVs in Disaster Management to Create Unique Opportunities

Managing disasters is a monumental task requiring extensive cooperation and coordination between local communities, authorities, and humanitarian organizations. Airborne surveillance conducted through the deployment of UAVs (or drones) can prove beneficial in carrying out disaster response operations. For example, in 2015, when a massive earthquake hit Nepal, medical aid organizations and media channels used drones to conduct search and rescue operations, gather images of the affected areas, and evaluate the extent of the damage. Similarly, the North Carolina Department of Transportation launched pre-emptive drones to send emergency responders and move people away from areas where the authorities were anticipating the landfall of Hurricane Florence in 2018. Aerial imagery is also being utilized for wildlife protection. The UN, for instance, partnered with MicroMappers to develop an app called “Aerial Clicker” to crowdsource analysis of UAV visuals for disaster response. MicroMappers is now collaborating with the Kizukis Wildlife Reserve in Namibia to support the country’s efforts at conserving its wildlife. Widening scope of UAVs will, thus, fuel the airborne surveillance market growth.

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Regional Insights

Rising Defense Expenditure of the US to Favor the North America Market

Military spending of the United States has increased exponentially in the past decade, with the country emerging as the largest spender in 2019, according to the latest report by the Stockholm Peace Research Institute (SIPRI). Higher spending on defense is allowing the US military to develop advanced drone technologies, which is elevating the country’s aerial surveillance capabilities.

Europe is also expected to tighten its grip on the airborne surveillance market share in the upcoming future as countries such as France, Germany, and the UK are heavily investing in UAV LiDAR technology. In Asia Pacific, the factors supporting the growth of the market include increasing adoption of next-gen air surveillance technologies and extensive deployment of UAVs for commercial purposes by India and China.

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Industry Developments:

  • December 2019: Lockheed Martin’s Canada CDL Systems signed a memorandum of understanding with Canadian UAVs to establish an unmanned traffic management system in the country. The solution will enable flying of UAVs beyond the visual line of sight, both within and outside Canada.
  • September 2019: The Swiss Federal Office for Defense Procurement selected the SkyView air surveillance system of the Thales Group to upgrade the country’s own aerial surveillance system, FLORAKO. SkyView is capable of correlating military and civil data in real time, providing a comprehensive scenario of national aerospace and allowing better-informed decisions to be taken.

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Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.

At Fortune Business Insights™, we aim at highlighting the most lucrative growth opportunities for our clients. We therefore offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges.

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Agriculture Drone Market Application, Share, Size, Growth Rate, Sales, Supply, Latest Innovation and Future Estimations to 2020-2026

The report further mentions that agriculture drones consist of digital cameras and state-of-the-art sensors to click the images of crops. They are extensively utilized to analyze the growth of crops.

The Global Agriculture Drones Market is set to gain impetus from the increasing need for monitoring agricultural lands and surging crop production. This information is given by Fortune Business Insights™ in an upcoming report, titled, “Agriculture Drones Market Size, Share & Industry Analysis, By Component (Frames, Controller Systems, Propulsion Systems, Camera Systems), By Mode of Operation (Remotely Operated Agriculture Drones, Semi-Autonomous Agriculture Drones), By Range (Visual Line of Sight (VLOS), Extended Visual Line of Sight (EVLOS)), By Application (Precision Farming, Livestock Monitoring, Precision Fish Farming) and Regional Forecast, 2019-2026.”

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Key Questions Answered:

  • Why Choose Fortune Business Insights?
  • What are the key demands and trends shaping the market?
  • What are the key opportunities in the market?
  • What are the key companies operating in the market?
  • Which company accounted for the highest market share?
  • What is the market size and growth rate of the global and regional market by various segments?
  • What is the market size and growth rate of the market for selective countries?
  • Which region or sub-segment is expected to drive the market in the forecast period?
  • What Factors are estimated to drive and restrain the market growth?

Drivers & Restraints-

Rising Demand for Human-machine Interference to Aid Growth

Agriculture drones enable farmers to prevent irrigation problems, fungal & pest infestations, and soil variation issues. The rising availability of advanced software solutions for data analytics and field survey is expected to bolster the agriculture drones market growth in the coming years. Apart from that, the agriculture industry is constantly demanding for human-machine interference (HMI). Coupled with this, the increasing usage of aerial data collection tools and the high demand for agriculture drones from Asia Pacific would affect the market positively. However, the rising safety & security concerns regarding the commercial and civil applications of such drones may hamper growth.

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Global Agriculture Drones the Market Top Key Companies As follows:-

  • Aeryon Labs Inc. (Canada)
  • Agribotix LLC (The U.S.)
  • ALTI (South Africa)
  • Atmos Uav (Holland)
  • Delair (France)
  • Gamaya (Switzerland)
  • Honeycomb Corporation (The U.S.)
  • Insitu Pacific Pty Ltd (Australia)
  • Micasense, Inc. (The U.S.),
  • Optim Corporation (Japan)
  • Sensefly (The U.S.)
  • Skycatch, Inc. (The U.S.)

Regional Analysis-

Europe to Lead Backed by Increasing Demand for Monitoring Livestock

North America is expected to generate significant agriculture drones market share in the coming years. This is attributable to the presence of prominent companies, such as Agribotix LLC and Aeryon Labs Inc. in this region. Apart from that, the rising commercial expenditure in the agriculture sector in this region would augment growth in this region.

Asia Pacific, on the other hand, is expected to capture a considerable share in the forthcoming years because of the increasing awareness about precision farming in the developing countries, such as India and China. Additionally, these drones are extensively used for spraying herbicides in Australia. Europe is set to dominate the market because of the increasing usage of these drones for monitoring livestock.

Segmentation by Geographic:-

  • North America (U.S. and Canada)
  • Europe (U.K. Germany, France, Russia, and Rest of Europe)
  • Asia Pacific (China, India, Japan, South Korea, Australia, and Rest of Asia Pacific)
  • Rest of the Word (South America and Middle East & Africa)

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Table Of Content (TOC):-

  • Introduction
  • Executive Summary
  • Market Dynamics
  • Key Insights
  • Global Agriculture Drones Market Analysis, Insights and Forecast, 2016-2027
  • Europe Agriculture Drones Market Analysis, Insights and Forecast, 2016-2027
  • Asia Pacific Agriculture Drones Market Analysis, Insights and Forecast, 2016-2027
  • Rest of the World Agriculture Drones Market Analysis, Insights and Forecast, 2016-2027
  • Competitive Analysis

About Us:

Fortune Business Insights™ offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them to address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.

Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.

At Fortune Business Insights™, we aim at highlighting the most lucrative growth opportunities for our clients. We, therefore, offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges.

Contact Us:

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Categories
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Unmanned Surface Vehicle Market –Industry Growth Forecast and Analysis by Top Vendors (2020 to 2026)

The growing demand for ocean data mapping in environmental science is expected to enable speedy expansion of the market, states Fortune Business Insights, in a report, titled “Unmanned Surface Vehicle (USV)s Market Size, Share & Industry Analysis, By Application (Defense, Commercial), By Type (Surface, Sub-Surface), By System (Propulsion, Communication), By Mode of Operation (Autonomous Surface Vehicle, Remotely Operated Surface Vehicle),

The increasing utilization of USVs in military applications including border and littoral zone patrol, submarine hunting, minesweeping, ISR, offensive capabilities, and seaborne targets are expected to foster healthy growth of the market. The integration of artificial intelligence (AI) in unmanned naval vehicles to improve combat operations for command and control applications is likely to spur opportunities for the market during the forecast period. Moreover, the growing commercial applications of USVs in oceanography, exploration, and environmental sciences are expected to further enhance the development of the market in the near future. The rising requirement for USVs in the oil and gas industry is expected to spur lucrative business opportunities for the market.

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Key Development:

July 2018: ASV Global entered signed an agreement with Sonardyne International Ltd., the National Oceanography Centre (NOC), and SeeByte to deliver a long endurance, multi-vehicle, autonomous survey solution.

January 2018: Textron Systems announced its Cooperative Research and Development Agreement (CRADA) with Naval Sea Systems Command (NAVSEA).

Segmentation by Geographic:-

  • North America (U.S. and Canada)
  • Europe (U.K. Germany, France, Russia, and Rest of Europe)
  • Asia Pacific (China, India, Japan, South Korea, Australia, and Rest of Asia Pacific)
  • Rest of the Word (South America and Middle East & Africa)

Key Topics Covered In Table Of Content (TOC):-

  • Introduction
  • Executive Summary
  • Market Dynamics
  • Key Insights
  • Global Unmanned surface vehicle Market Analysis, Insights and Forecast, 2016-2027
  • Europe Unmanned surface vehicle Market Analysis, Insights and Forecast, 2016-2027
  • Asia Pacific Unmanned surface vehicle Market Analysis, Insights and Forecast, 2016-2027
  • Rest of the World Unmanned surface vehicle Market Analysis, Insights and Forecast, 2016-2027
  • Competitive Analysis

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Software Defined Radios Market Compressive Report by Industry Share, Size, Business Opportunity and Tremendous Growth in Future 2020-2026

The Global Software Defined Radios Market Size is prophesied to witness remarkable growth owing to the increasing expenditure on improving the defence communication system of various nations across the globe. Fortune Business Insights describes the market and its growth parameters in details in their upcoming report titled, “Software Defined Radios Market Size, Share & Industry Analysis By Application (Defense, Commercial), By Component (Transmitter, Receiver, Software, Auxillary System), By Platform (Land, Airborne, Naval, Space), By Frequency Band (HF, VHF, UHF, Other Bands), By Type (Joint Tactical Radio System (JTRS), Cognitive/ Intelligent Radio, Terrestrial Trunked Radio (TETRA)) and Regional Forecast, 2019-2026.”

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The current situation of COVID-19 pandemic has left the entire world in a state of panic. The increasing coronavirus cases and the lack of proper healthcare services to aid their needs have put the healthcare sector in major crisis. Most of the businesses are temporarily shut while a few are trying to make ends meet by operating from homes.

Fortune Business Insights is providing special reports on different markets affected by the COVID-19 pandemic. These reports are based on analysis of the current situation and their impact on various markets that will help financers accordingly chalk out revenue generating strategies in the coming years.

What is the Objective of the Report?

The report offers a comprehensive overview of the market focusing on drivers, restraints, challenges, and upcoming opportunities. It throws light on the key industry developments, current trends, and other interesting insights into the market. The report further describes the table of segmentation in details and lists the names of the leading segments with attributed factors. The report also throws light on the players operating in the market and the key strategies adopted by them to gain a competitive edge in the market. For more information on the report, log on to the company website.

Drivers & Restraints-

Rising Adoption by Residential and Industrial Sectors to Bolster Growth

The increasing adoption of SDR in the telecommunication sector and its technological advancements stands as the key factor boosting the global software defined radio market growth. The introduction of cognitive radio (CR), and smart processing into SDRs, coupled with the rising expenditure on the military and defense sector by various governments will also aid in expansion of the market. Additionally, the increasing adoption of software defined radio across the industrial, residential, and commercial sectors will further augment the growth of the market in the coming years. Furthermore, the increasing demand for mission-critical communication will also augment growth.

On the contrary, high power consumption and interoperability of disparate communication technologies may cause hindrance to the market in the forecast period. Despite this, the growing use of wireless features, and the rising demand for next-generation IP systems are likely to create lucrative growth opportunities for the market in the coming years.

Segmentation-

Detailed Segmentation of the Software Defined Radios Market include:

The market for software defined radios is segmented into application, component, platform, frequency band, type, and geography. Based on application, the market is bifurcated into commercial, and defense. With respect to component, the market is grouped into auxillary system, software, receiver, and transmitter. On the basis of platform, the market is segmented into space, naval, airborne, mobile, fixed, and land. The frequency segment is further categorized into UHF, VHF, HF, and other bands. In terms of type, the market is classified into terrestrial trunked radio (TETRA), cognitive or intelligent radio, and joint tactical radio system (JTRS).

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Regional Analysis-

Asia Pacific to Emerge Dominant Owing to Rising Demand for Advanced Military Equipment

On the basis of geographical segmentation, the largest software defined radio market share is generated by Asia Pacific owing to the increasing demand for advanced technologies and new product development. This, coupled with the rising demand for advanced military equipment, will help this region continue its dominance the market in the forecast period. On the other hand, the market in North America is expected to generate notable revenue on account of the expansion of the telecom industry and the increasing adoption of advanced technological products. Furthermore, the European market will also gain momentum in the coming years attributing to the presence of major players such as Thales Group, BAE Systems, Leonardo, and others in Italy, France, and the United Kingdom.

Competitive Landscape-

Collaborative Strategies are an Increasing trend Among Major Companies

Players functioning in the market for software defined radios are engaging in collaborative strategies such as mergers and acquisitions, contracts and agreements and others to gain competitive edge in the market. Other players are focusing on gaining contracts with the government of various nations for providing services to the military and defense sector. This will also help players earn notable revenue and make their mark in the competition.

Industry Developments:

April 2016 – A $12.7 billion contract was awarded to Rockwell Collins by the U.S. Army for supplying software-defined radios for military communication under the Handheld, Manpack, and Small Form Factor (HMS) program.

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October 2017 – A $131.9 million contract was awarded to Thales by the Royal Navy (UK) for supporting the communication systems installed on the HMS Queen Elizabeth Class for a period of 7 years.

List of Companies Profiled in the Report:

– BAE Systems (The U.K.)

– Aselsan (Turkey)

– Elbit Systems (Israel)

– General Dynamics (the U.S.)

– Northrop Grumman (The U.S.)

– Harris Corporation (The U.S.)

– Rockwell Collins (The U.S.)

– Thales Group (France)

– Leonardo (Italy)

– Rohde and Schwarz (Germany)

– Others

 

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Fortune Business Insights™ offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them to address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.

Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.

At Fortune Business Insights™, we aim at highlighting the most lucrative growth opportunities for our clients. We, therefore, offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand current competitive challenges.

Contact Us:

Fortune Business Insights™ Pvt. Ltd.

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UK : +44 2071 939123

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Email: [email protected]