Unmanned Ground Vehicles Market will Hit 3.6 billion

The Unmanned ground vehicles market is estimated to be USD 2.7 billion in 2022 and is projected to reach USD 3.6 billion by 2027, at a CAGR of 5.7% from 2022 to 2027. The market is driven by factors such as innovations in Unmanned ground vehicles used in navigation and communication satellites across the world.

The market is driven by factors such as development of new & advanced Unmanned ground vehicles which are being used in several military operations such as Mine Clearance, Search & Rescue etc, and commercial operations such as Firefighting, Autonomous Delivery, etc.

BAE Systems (UK), Thales Group (France), Lockheed Martin (US), QinetiQ (UK), and Northrop Grumman Corp. (US) are among the key global companies manufacturing unmanned ground vehicles. BAE systems focuses on providing rugged and reliable UGVs that can be used for various defense and commercial operations. BAE systems invests heavily in the Research & Development (R&D) which makes their hold on this market even stronger.

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Rising adoption of UGVs for counter-insurgency operations

Terrorism is a serious global issue and has resulted in a significant number of civilian deaths during the last decade. Terrorism imposes a harmful impact on the social as well as economic conditions of countries. For instance, the 1993 bomb blasts in London resulted in a loss of USD 1.00 billion to the insurance industry of the UK. Hence, countries affected by terrorism are procuring and developing advanced military equipment to prevent and fight terrorism. This has led major players in the military robotics industry to develop UGVs to counter-terror attacks. For instance, Northrop Grumman exhibited its medium-sized unmanned ground Vehicles, CUTLASS, at the Counter Terror Expo held in London in 2013. A wide range of live daily scenario-based capabilities to remotely handle hazardous situations and carry out surveillance activities by UGVs were demonstrated during this expo. According to The Telegraph, CUTLASS has replaced Wheelbarrow, the bomb disposal robot used by the British Army since 2009.

In 2011, the Defence Research and Development Organisation (DRDO) of India launched a program for the R&D of state-of-the-art UGVs with an investment of USD 75.0 million. This research program has been planned for 10 years, starting in 2011. The motive of this program is to develop UGVs, specifically for the Indian Army. The use of UGVs has acquired a great significance in counter-insurgency operations and urban as well as jungle warfare situations. These vehicles are used in reconnaissance and surveillance applications and for disposing and managing Improvised Explosive Devices (IEDs). For instance, the Indian Army uses a Remotely Operated Vehicles (ROV), Daksh, for counter-insurgency operations. The vehicle is operated remotely and can reach inaccessible or dangerous places. It has a camouflage design and uses electric motors to keep the noise level to a minimum.

By UGV payloads, Sensor Payloads PROJECTED to GROW AT HIGHEST CAGR DURING FORECAST PERIOD

Sensors in UGVs are used for several applications including security, combat operations, Intelligence, Surveillance and Reconnaissance (ISR), Firefighting, and many more. The sensors are eyes and ears of the UGVs which helps them move and carry-out the assigned tasks with accuracy and efficiency. Hence, the sensors are accounted for the highest share of the total UGV payloads market. The constant research & development in the sensor payloads is required for further improving the performance of the UGV and open-up new application areas. Which is responsible for the highest growth of the sensors market in UGV payloads.

SMSS (Squad Mission Support System) by Lockheed Martin (US) is an autonomous unmanned ground vehicle that is primarily designed for logistics support for land forces. SMSS modular design allows the vehicle to be modified as a transport, scout, mobile power, and communication platform. Its sensor suite integrates Light Detection and Ranging (LIDAR), infrared, and color camera. It can lock on and follow anyone by identifying the 3D profile captured by inboard sensors.

By UGV military applications, Explosive ordinance disposal (EOD) segment PROJECTED to GROW AT HIGHEST CAGR DURING FORECAST PERIOD

Explosive Ordinance Disposal is one of the crutial UGV operation in military domain. EOD robots are used for identifying and difusing the traps, explosives, dangerous objects, etc. These UGVs are integrated with bomb detection systems. The UGVs used for Explosive Ordinance Disposal carries several different payloads depending on the type of EOD mission.

North America region accounts for largest market share in Unmanned ground vehicles market

North America led the Unmanned ground vehicles market in 2021, with the US accounting for the largest share of the regional market. The growing demand for Unmanned ground vehicles in the US and Canada, and the use of unmanned ground vehicles in different commercial as well as military applications are key factors driving the market in North America.

Major unmanned ground vehicles market players present in North America include L3harris Technologies (US), Lockheed Martin Corporation (US), Teledyne-FLIR. (US), Northrop Grumman Corp. (US), and General Dynamics (US). Other key players present in North America are Textron Inc. (US), and Oshkosh Inc (US).

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Ultralight and Light Aircraft Industry worth $11.9 billion by 2030

The Ultralight and Light Aircraft market is projected to grow from USD 7.5 billion in 2022 to USD 11.9 billion by 2030, at a CAGR of 5.9% from 2022 to 2030.

The demand for commercial & ultralight and light aircraft used in personal, passenger, commercial cargo, training, survey & research, agriculture, and medical applications across various end-use industries, is one of the major driving factor for the demand of ultralight and light aircraft market.

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Driver: Low-cost operation and maintenance of ultralight aircraft will drive the market
Ultralight aircraft are very small in size and weigh less than commercial aircraft. Ultralight aircraft are defined based on Maximum Take-off Weight (MTOW). Acquiring an ultralight aircraft is easier owing to the lax regulations regarding their ownership in various countries. The use of ultralight and light aircraft is common in countries such as the US, Canada, and Australia for sports and recreational purposes. Some of the ultralight aircraft also use automotive grade gasoline which helps bring down the operational cost of the aircraft. On average, an ultralight aircraft uses 2-3 gallons of fuel per hour, making it inexpensive to operate.

The cost of an ultralight aircraft varies model wise. Hang glides cost about USD 5,000, while the more popular ultralight trikes cost about USD 100,000. These aircraft are also available as kits in many regions around the world, providing the least expensive options for enthusiasts. As ultralight and light aircraft are made of few movable parts, wear and tear are less compared to general aviation aircraft, which has a more complex system. The low cost of acquisition, maintenance, and operation leads to a low cost of ownership, which is expected to drive the market for ultralight and light aircraft.

Restraint: Delay in aircraft deliveries
According to the GAMA Annual Report 2021, general aviation manufacturers delivered new aircraft worth over USD 25.2 billion in 2021, an increase of 10.2% from 2020. The economic crisis because of Covid-19 affected the global growth rate and profitability of various industries. The global GDP growth rate is expected to grow 6% in 2021 (Source: World Bank).

The general aviation sector is also not exempt from the effects of the economic slowdown. The growth rate of the ownership of ultralight aircraft and their use in recreational and sports flights is currently moderate. Trade restrictions between the US and China have impacted the growth of the ultralight and light aircraft market. International trade and investments are also affected due to this dispute. Although there is recovery, there also exists a fear of the Chinese economy overheating that can pull the global economy back into a recession. This can adversely affect the growth of the ultralight and light aircraft market. In the US, the economic crises and stringent regulations have led to the shutdown of many ultralight aircraft manufacturers in the recent past.

Opportunity: Advancement of traditional aircraft propulsion
Hybrid-electric aircraft propulsion is an advancement of traditional aircraft propulsion, which operates on conventional fossil fuels. There has been a rapid rise in research activities for the development of commercially viable hybrid-electric aircraft propulsion. The main driver for these research activities and the introduction of new aircraft in the market are the various advantages of hybrid-electric aircraft propulsion over traditional propulsion technology. These advantages are beneficial for airlines, passengers, and the environment.

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Assured Positioning, Navigation, and Timing (APNT) Market Size, Share and Trends

 

While the positioning, navigation, and timing (PNT) data from global navigation satellite system (GNSS) satellites is leveraged to accomplish a multitude of tasks for the global infrastructure, the weak signal from GNSS satellites due to atmospheric phenomena render PNT data vulnerable to a range of threats such as malicious cyberattacks. APNT technologies enhances robustness to existing networks and provides timing information from highly accurate alternative sources.

The global APNT market is expected to grow from USD XX million in 2022 to USD XX million by 2027, at a CAGR of XX%. The evolving need for advanced PNT technologies for supporting upcoming military platforms and weapon technologies is expected to drive the demand for APNT systems, while the lack of regulatory framework and established operational parameters will hinder market growth.

Key Market Players
Major players operating in the APNT market include Raytheon Technologies Corporation (US), Leidos Inc. (US), Northrop Grumman Corporation (US), Curtiss-Wright Corporation (US), BAE Systems PLC (UK), Saab AB (Sweden), and Thales (France).

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Driver: Advent of next generation military platforms and weapon technologies

Most current generation weaponry and platforms are designed to work as per GNSS data that may be susceptible to enemy countermeasures such as signal jamming, which may reduce their effectiveness I combat situations. Thus, system designers are trying to integrate APNT solutions onboard upcoming military platforms to enhance their resilience to hostile countermeasures. On this note, the US Army has made the development of APNT as one its six modernization priorities to aid data assimilation through different sources for enhanced situational awareness. APNT is also being viewed as a critical enabler to achieve the five requirements for accurate fire, that is, the highly technical and very specific data required to be updated by artillery units to use their most accurate and advanced weaponry. Thus, the development and introduction of new platforms and weaponry would also drive the demand for APNT technologies during the upcoming period.

Restraint: Absence of established operational parameters

APNT technologies are still evolving, there is no parity on the standard operational parameters of such technologies. For instance, while all current generation aircraft are equipped with DDI MOPS/TSO standard components, MOPS Changes will be needed to enable RNP accuracy and monitoring & alerting. Besides, the performance of APNT systems may be limited to area navigation (RNAV) 0.6 at best. APNT technologies also do not fulfill Automatic Dependent Surveillance Broadcast (ADS-B) positioning requirements and aircraft operations would still require secondary surveillance radars (SSRs) for operation, especially for general aviation. Besides, APNT requires allocation of additional spectrum bandwidth that narrows the bandwidth availability of the aeronautical radionavigation service (ARNS) portions of the L and VHF bands. Moreover, the creation of a new signal optimized for APNT requires extensive R&D to demonstrate operational capabilities in the targeted spectrum that is already dominated by several other transmissions. Meanwhile, some sort of modification would also be required by the existing ground-based assets to support APNT signal transmissions, which reduces the attractiveness oof the technology by operators and service providers alike. may restrain the growth of the APNT market in the near future.

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Inert Gas Generator System (IGGS) Market Size, Share and Trends

 

The Inert Gas Generator System (IGGS) market was valued at USD 606.0 Million in 2016 and is projected to reach USD 2,121.0 Million by 2022, at a CAGR of 23.22% during the forecast period. Factors such increasing commercial aircraft & military cargo aircraft procurement as well as retrofitting of IGGS on existing aircraft across the world, as well as the increasing military & commercial aircraft procurement by various countries have led to an increase in the demand for aircraft-based IGGS systems. The growth of the market can also be attributed to factors such as the increasing fleet size of marine cargo ships. The increasing cargo ship fleet size due to the growing trade via sea routes has led to a rise in the demand for marine-based IGGS systems. This report forecasts the IGGS market and its dynamics over the next five years. It also identifies the market application gaps, recent developments in the market, and high potential countries. The objectives of the report are to study the factors influencing the market, map major industry players, and provide vendor analysis and competitor landscape. The base year considered is 2016 and the forecast period is from 2017 to 2022.

The ecosystem of the IGGS market comprises manufacturers, component suppliers, raw material suppliers, distributors, service providers, and end users. The key end users of the IGGS market are aviation, marine, and industrial sectors. Key manufacturers in the IGGS market include Parker Hannifin (US), Honeywell (US), and Air Liquide (France).

Market size estimations for various segments and subsegments of the IGGS market were arrived at through extensive secondary research and government sources (Federal Aviation Authority, International Air Transport Association, Airport Authority of India, and International Civil Aviation Organization); company websites; corporate filings, such as annual reports, investor presentations, and financial statements; and trade, business, and professional associations, among others. Corroboration with primaries and further market triangulation with the help of statistical techniques using econometric tools were carried out. All percentage shares, splits, and breakdowns were determined using secondary sources and verified through primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to obtain the final quantitative and qualitative data. This data is consolidated and added with detailed inputs and analysis from MarketsandMarkets, and presented in this report.

Based on component, the IGGS market has been segmented into aviation IGGS components, marine IGGS components, and industrial IGGS components. The industrial IGGS components segment is projected to lead the market during the forecast period owing to the increase in the demand for onsite generated N2 gas via industrial IGGS.

Based on end user, the IGGS market has been segmented into aviation, marine, and industrial. The industrial segment is projected to lead the market during the forecast period owing to the increase in spending on factory-installed nitrogen generators in existing industrial installations and new industrial installations, especially for decreasing dependence on external N2 gas supplier. On the other hand, the marine segment is projected to witness the highest CAGR during the forecast period owing to the increasing demand for new cargo ships worldwide.

Based on fit, the IGGS market has been segmented into OEM fit and retrofit. The OEM fit segment is projected to lead the market during the forecast period owing to the increasing demand for new commercial aircraft in countries such as India and China. Increasing demand for new cargo ships is also fueling the high growth of OEM fit segment.

Asia Pacific accounted for the largest share of the IGGS market in 2017, followed by Europe and North America and Rest of World. APAC’s large share can be attributed to the increasing industrialization within the region coupled with the increasing procurement of military cargo & commercial aircraft. China is estimated to be the leading market for IGGS in Asia Pacific in 2017. The reason for China’s dominance over the Asia Pacific IGGS market can be attributed to the country’s increasing development in industrial sector along with the increasing demand for aircraft and shipping cargo vessels.

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Aerospace Antimicrobial Coating Market Size, Share and Trends

 

The Aerospace Antimicrobial Coating Market is projected to grow from USD 20.9 Million in 2016 to USD 31.2 Million by 2022, at a CAGR of 6.90% during the forecast period. The base year considered for the study is 2016 and the forecast period is from 2017 to 2022.

The ecosystem of the aerospace antimicrobial coating market comprises raw material suppliers, coating manufacturer, distributors, and end users. The key end users of the aerospace antimicrobial coating market are commercial aircraft manufacturer, airlines, and MRO service providers. The major players in the market include PPG (US), BASF (Germany), Sherwin Williams (US), Mankiewicz (Germany), AkzoNobel (Netherlands), Henkel (Germany), Hentzen (US), MAPAERO (France), Permagard (France), Dunmore (US), Hexion (US), and Polymer Technologies (US), among others. These players are adopting strategies such as new product developments, long-term contracts, and business expansions to strengthen their positions in the aerospace antimicrobial coating market.

Objectives of the Study:

The report analyzes the market based on platform, material, and fit, and maps these segments and subsegments across the major regions of the world, namely, North America, Europe, Asia Pacific, the Middle East, Latin America, and Africa.

The report provides in-depth market intelligence regarding the aerospace antimicrobial coating market and major factors, including drivers, restraints, opportunities, and challenges that may influence the growth of the market. The report also includes an analysis of micromarkets with respect to individual growth trends, prospects, and their contribution to the overall market.

The report also covers competitive developments, such as long-term contracts, new product launches and developments, and research & development activities in the aerospace antimicrobial coating market, in addition to organic and inorganic strategies adopted by key market players.

Research Methodology:

The market size estimations for the various segments and subsegments of this market were arrived at through extensive secondary research using sources such as company websites, annual reports, press releases, contracts, FAA, IATA, ICAO, corroboration with primaries, and further market triangulation with the help of statistical techniques using econometric tools. All percentage shares, splits, and breakdowns were determined using secondary sources and verified through primary sources. All possible parameters that affect the market covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. This data is consolidated and added with detailed inputs and analysis from MarketsandMarkets and presented in this report.

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Aircraft Flight Control System Market Size, Share and Trends

 

The aircraft flight control system market was valued at USD 11.10 billion in 2017 and is projected to reach USD 13.67 billion by 2023, at a CAGR of 3.52% during the forecast period.

Key Market Players

Honeywell International (US), Moog (US), Safran ( France), BAE Systems (UK), United Technologies (US) , Parker Hannifin (US),Rockwell Collins (US), and Woodward (US) among others

The base year considered for the study is 2017 and the forecast period is 2018 to 2023. The objectives of this study are to analyze the aircraft flight control system market along with the statistics from 2017 to 2023 as well as to define, describe, and forecast the aircraft flight control system market based on type, component, technology, end user, and region. The base year considered for the aircraft flight control system market study is 2016, and the forecast period for this study is from 2018 to 2023.

Based on type, the military UAV’s FCS segment is projected to lead the aircraft flight control system market during the forecast period

Based on type, the aircraft flight control system market has been segmented into commercial fixed wing flight control system, military fixed wing flight control system, rotary wing flight control system and military UAV flight control system. The military UAV flight control system segment is projected to grow at a higher CAGR as compared to the commercial fixed wing flight control system from 2018 to 2023. Increasing demand for military UAV’s used in surveillance and reconnaissance from the North American and European regions is fueling the growth of this segment of the market.

Based on end user, the linefit segment of the aircraft flight control system market is projected to grow at the highest CAGR from 2018 to 2023

Based on enduser, the market has been segmented into linefit and retrofit. The linefit segment is projected to grow at the highest CAGR during the forecast period. Increasing air passenger volume year on year is fueling the growth of this segment of the market.

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Aircraft Line Maintenance Market Size, Share and Trends

 

The aircraft line maintenance market is projected to grow from USD 18.47 Billion in 2017 to USD 23.50 Billion by 2023, at a CAGR of 4.10% from 2018 to 2023.

Market Ecosystem

The aircraft line maintenance market has been segmented based on service, type, aircraft type, technology, and region. AMECO (China), ANA Line Maintenance Technics (Japan), Avia Solutions Group (Lithuania), BCT Aviation Maintenance (UK), British Airways (UK), Delta TechOps (US), HAECO (Hong Kong), Lufthansa Technik (Germany), Monarch Aircraft Engineering (UK), Nayak Group (Germany), SAMCO Aircraft Maintenance (Netherlands), SIA Engineering (Singapore), STS Aviation Group (US),Turkish Technic (Turkey), and United Technical Operations (US), among others are the key players operating in the aircraft line maintenance market. Contracts, new product launches, agreements, joint ventures, and partnerships are the major strategies adopted by the key players in the aircraft line maintenance market.

The objective of this study is to analyze, define, describe, and forecast the aircraft line maintenance market based on service, type, aircraft type, technology, and region. The report also focuses on providing a competitive landscape of the aircraft line maintenance market by profiling companies based on their financial positions, product portfolios, and growth strategies. The study also analyzes the core competencies of companies and their market shares to anticipate the degree of competition prevailing in the market. This report tracks and analyzes competitive developments such as contracts, new product launches, agreements, joint ventures, and partnerships in the aircraft line maintenance market. The base year considered for this study is 2017 and the forecast period is from 2018 to 2023.

The research methodology used to estimate and forecast the size of the aircraft line maintenance market began with data capturing from the key vendor revenues. Secondary sources referred for this study included annual reports, Yahoo Finance, Market Outlook of Boeing, Airbus, and Embraer, the European Aviation Safety Agency, the United Nations Conference on Trade and Development (UNCTAD), and press releases. The bottom-up procedure was employed to arrive at the overall size of the aircraft line maintenance market by determining the revenue of the key market players. After arriving at the overall size of the aircraft line maintenance market, the market size was split into several segments and subsegments, which were then verified through primary research by conducting extensive interviews with key industry experts, such as Chief Executive Officers (CEOs), Vice Presidents (VPs), directors, executives, and engineers. The data triangulation and market breakdown procedures were employed to complete the overall market engineering process and arrive at the exact statistics for all segments and subsegments.

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