Markets and Markets
Space situational-awareness market will be driven by need for satellite and GPS, study says - News
July 01, 2022NORTHBROOK, Ill. The space situational-awareness market, which was at a level of $1.5 billion in 2021, is projected to grow to $1.8 billion by 2026, at a combined annual growth rate (CAGR) of 4.6%, according to a new MarketsandMarkets study, "Space Situational Awareness Market."
Space onboard computing platform market to reach $2.3 billion by 2027, study finds - News
May 06, 2022NORTHBROOK, Ill. The global market for space onboard computing platforms -- estimated at $1.3 billion in 2022 -- is projected to reach $2.3 billion by 2027, at a combined annual growth rate (CAGR) of 12.1% during that period, according to a study from MarketsandMarkets, "Space On-board Computing Platform Market by Platform, Application (Earth Observation, Navigation, Communication, Military & Scientific), Orbit, Communication Frequency, Technology, and Region (North America, Europe, APAC and RoW) -- Forecast to 2027."
Military-aircraft segment of airborne countermeasures market to drive growth to 2026, study says - News
September 28, 2021NORTHBROOK, Ill. The market for airborne countermeasures is forecast to grow from an estimated $11.6 billion in 2021 to $14.9 billion by 2026, at a combined annual growth rate (CAGR) of 5.2%, according to a new study from MarketsandMarkets, "Airborne Countermeasure System Market -- Global Forecast to 2026."
in terms of value during the forecasted period.
Global market for microsatellites and nanosatellites to experience 20.4% CAGR to 2026, study says - News
September 21, 2021NORTHBROOK, Ill. The global market for microsatellites and nanosatellites -- totaling $2.3 billion in 2021 -- is expected to grow to $5.7 billion by 2026, at a compound annual growth rate (CAGR) of 20.4%, according to a recent study by MarketsandMarkets, "Nanosatellite and Microsatellite Market -- Global Forecast to 2026."
C4ISR market is growing across the world, study finds - News
August 17, 2021NORTHBROOK, Ill. The deployment of small, reliable, and sophisticated C4ISR [command, control, communications, computers, intelliegence, surveillance, and reconnaissance] systems in a wide range of applications has increased their demand across the globe, a trend that will continue for at least the next few years, according to a new report from MarketsandMarkets, "C4ISR Market - Forecast to 2026."
Sensors for military use to grow 5.9% annually to 2026, study says - News
July 21, 2021NORTHBROOK, Ill. The military sensors market, esimated to be $9.9 billion in 2021, is expected to reach $13.2 billion by 2026, a combined annual growth rate (CAGR) of 5.9% during the study period, according to a new market study from MarketsandMarkets, "Military Sensors Market - Global Forecast to 2026."
Optronics for use in airborne platforms to be worth $2.5 billion by 2025, study finds - News
April 12, 2021NORTHBROOK, Ill. The market for airborne optronics -- optical and vision equipment used by armed forces and security personnel for monitoring, identification, and classification purposes -- is projected to grow from $1.4 billion in 2020 to $2.5 billion by 2025, at a CAGR of 12.7% during the study period, according to a new study by MarketsandMarkets, "Airborne Optronics Market by End Use, System, Technology (Hyperspectral, Multispectral), Application (Commercial, Military, Space), Aircraft Type (Fixed Wing, Rotary Wing, Urban Air Mobility, Unmanned Aerial Vehicles) and Region - Forecast to 2025."