Aerospace and Defense

The increasing need for countering Unmanned Aerial Systems (UAS) threats, bolstering border security are the factors driving market in the forecast period 2024-2028 According to TechSci Research report, “ Military Man Portable Radar System Market – Global Industry Size, Share, Trends, Competition Forecast & Opportunities, 2028 ”, the Global Military Man Portable Radar System Market stood at USD 5.81 Billion in 2022 and is anticipated to grow with a CAGR of 7.64% in the forecast period, 2024-2028   The Global Military Man Portable Radar System Market encompasses an array of radar systems designed for mobility and ease of deployment by military and security forces. These radar systems serve as critical tools for enhancing situational awareness, monitoring airspace, and safeguarding national borders. The market is characterized by a range of key features and dynamics. One prominent aspect is the increasing demand for man-portable radar systems in response to the rising threa...

The Global Offshore Autonomous Underwater Vehicle Market is being driven by the growing need for underwater exploration and surveillance in the offshore oil and gas sector, supported by technological advancements that enhance operational efficiency and safety. According to TechSci Research report, “ Global Offshore Autonomous Underwater Vehicle Market - Industry Size, Share, Trends, Competition Forecast & Opportunities, 2028 ”, the Global Offshore Autonomous Underwater Vehicle Market stood at USD 2.31 Billion in 2022 and is anticipated to grow with a CAGR of 6.20% in the forecast period, 2024-2028. The Global Offshore Autonomous Underwater Vehicle (AUV) Market has been experiencing a remarkable growth trend in recent years. This growth can be attributed to several factors. Firstly, the increasing adoption of AUVs in offshore oil and gas industries for exploration and surveillance operations has played a crucial role. AUVs offer enhanced capabilities in terms of data colle...

The major drivers for the Global Military Tactical Vest Market are the increasing focus on soldier survivability and the development of lightweight, high-performance materials and technologies for enhanced protection and mobility. According to TechSci Research report, “ Global Military Tactical Vest Market - Industry Size, Share, Trends, Competition Forecast & Opportunities, 2028 ”, the Global Military Tactical Vest Market stood at USD 1.35 Billion in 2022 and is anticipated to grow with a CAGR of 7.61% in the forecast period, 2024-2028. The global military tactical vest market is witnessing substantial growth due to the ongoing geopolitical conflicts and the rising emphasis on soldier safety and comfort. These advanced tactical vests offer a wide range of enhanced safety features, including effective ballistic protection, ergonomic design for ease of movement, and efficient accessibility to essential equipment. With their superior functionality and durability, these tact...

The increasing demand for budget air travel as LCCs offer competitive pricing, streamlined business models, and accessibility are the factors driving market in the forecast period 2024-2028 According to TechSci Research report, “ Low-Cost Carrier (LCC) Market – Global Industry Size, Share, Trends, Competition Forecast & Opportunities, 2028 ”, the Global Low-Cost Carrier (LCC) Market stood at USD 152.62 Billion in 2022 and is anticipated to grow with a CAGR of 7.24% in the forecast period, 2024-2028 The Global Low-Cost Carrier (LCC) market has undergone a remarkable transformation over the years, reshaping the aviation industry and redefining the way people travel. This market overview provides a comprehensive look into the key aspects that have characterized the LCC market's development: LCCs, also known as budget airlines or no-frills carriers, have been instrumental in making air travel more accessible and affordable to a wider audience. They are characterized by their commi...

Imperative for Secure and Resilient Communication Networks, Advent of Advanced Technologies are factors driving the Global Military Aircraft Communication Avionics market in the forecast period 2025-2029. According to TechSci Research report, “ Global Military Aircraft Communication Avionics Market - Industry Size, Share, Trends, Competition Forecast & Opportunities, 2028 ”, the Global Military Aircraft Communication Avionics Market stood at USD 24.47 billion in 2022 and is anticipated to grow with a CAGR of 6.51% in the forecast period, 2025-2029. An aircraft's integrated electronics and communication equipment are referred to as its military aircraft communication avionics. For both air-to-air and air-to-ground communication, aircraft communication avionics are utilized. Voice-over communications or data transmission are two possible communication formats. The need for lag-free, efficient communication channels has surged due to the growing reliance on data analysis and...

Technological advancements, geopolitical tensions, and military modernization programs are the factors driving market in the forecast period 2025-2029. According to TechSci Research report, “ Defense Support and Auxiliary Equipment Market – Global Industry Size, Share, Trends, Competition Forecast & Opportunities, 2029 ”, The Global Defense Support and Auxiliary Equipment Market stood at USD 153.85 Billion in 2023 and is anticipated to grow with a CAGR of 6.74% in the forecast period, 2025-2029. The Global Defense Support and Auxiliary Equipment Market constitute a dynamic and multifaceted sector that plays a pivotal role in enhancing the capabilities of modern armed forces. This market encompasses a wide array of technologies, systems, and solutions designed to support and augment military operations across diverse domains. From communication systems and intelligence, surveillance, and reconnaissance (ISR) technologies to logistical support and navigation systems, defense sup...

The ongoing geopolitical tensions and the imperative for military modernization. Nations worldwide invest heavily in advanced fighter aircraft, military helicopters, and drones to maintain strategic superiority are the factors driving market in the forecast period 2025-2029. According to TechSci Research report, “ Air Based Defense Equipment Market – Global Industry Size, Share, Trends, Competition Forecast & Opportunities, 2029 ”, The Global Air Based Defense Equipment Market stood at USD 188.63 Billion in 2023 and is anticipated to grow with a CAGR of 6.94% in the forecast period, 2025-2029. The global air-based defense equipment market serves as a linchpin in the broader aerospace and defense sector, where cutting-edge technologies, strategic alliances, and geopolitical considerations converge. At its core, the market is characterized by an incessant pursuit of technological excellence. Advanced fighter aircraft, often embodying fifth-generation capabilities, stand as the e...