Monday, November 28, 2022

Military Cables Market Overview, Sales and Revenue, Supply Chain, Challenges by 2030

 The market for Military Cables is estimated to be USD 22.1 billion in 2021 and is projected to reach USD 26.2 billion by 2026, at a CAGR of 3.4% during the forecast period.

The growth of this market is mainly driven by the modernization program and increasing procurement of military fleets due to growing transnational disputes to offer several untapped opportunities.

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The military cables market includes major players Prysmian Group (Italy), Nexans S.A. (France), Sumitomo Electric Industries Ltd (Japan), Collins Aerospace (US), and Carlisle Interconnect Technologies (US). These players have spread their business across various countries including North America, Europe, Asia Pacific, Middle East, and Rest of the World. COVID-19 has impacted their businesses as well.

The marine platform segment is projected to witness the highest CAGR during the forecast period.

The marine platform segment is estimated to lead the market during the forecast period, with a share of 92.6% in 2021. The segment is projected to grow with the highest CAGR of 3.5% in the forecast period. Marine platforms where military cables are installed include destroyers, frigates, corvettes, amphibious ships, patrol vessels, submarines, and aircraft carriers.

The military ground equipment segment is projected to witness the highest CAGR during the forecast period.

Based on application, the military ground equipment segment is projected to be the highest CAGR rate for the military cables market during the forecast period. Increasing number of military ground equipment to gain tactical advantage will drive the segment in coming years.

The copper alloys segment is projected to witness the highest CAGR during the forecast period.

Based on the conductor material, the copper alloys segment is projected to grow at the highest CAGR rate for the military cables market during the forecast period. Copper wires have excellent electrical properties which make them perfect for use in the aerospace and defense industry.

The aftermarket segment is projected to witness the highest CAGR during the forecast period.

Based on the end user, the aftermarket segment is projected to grow at the highest CAGR rate for the military cables market during the forecast period. Replacement of existing cables and upgradation will drive the segment.

The Europe market is projected to witness the highest CAGR from 2021 to 2026

The majority of the Europe military cables market is accounted for by military cables on ground platform. The large share of military cables market in Europe is due to increasing procurement of military fleet and weapon systems.

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Friday, November 25, 2022

Remote Towers Industry Competitive landscape, trends and Opportunities

The global remote towers market is projected to grow from USD 0.3 Billion in 2022 to USD 0.6 Billion by 2027, at a CAGR of 19.6% from 2022 to 2027.

Remote tower is a innovative concept where the air traffic service (ATS) at an airport is performed somewhere other than in the local control tower. Although it was originally developed for airports with low traffic levels, in 2021 it was implemented at a major international airports in London, Norway and few other places. Also, this report dicusses the digital tower concept. To capture the increasing demand for integration of a wide range of ATM systems and data in support of advanced air traffic operations, the digital towers concept was launched.

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Agreements, collaborations, new product developments, contracts, expansion, acquisitions, and partnerships are among some of the key strategies adopted by the leading market players to strengthen and sustain their position in the remote towers market. For example, in October 2021, Frequentis Group signed agreement with Indra Sistemas (Spain) to digitalize the EUROCONTROL Integrated Network Management (INM) system.

Saab (Sweden), Thales Group (France), Frequentis Group (Australia), Indra Sistemas (Spain), and L3Harris Technologies (US) are among the leading players operating in the remote towers market. A general overview of these companies; an analysis of their financials, products, and services; and key strategies undertaken by them are covered in this report.

THALES GROUP

Founded in 2000 and headquartered in La Défense, Paris (France), Thales Group offers integrated solutions and equipment for government, civil, and commercial customers in the aeronautics, space transport, and defense & security markets. The company had 81,000 employees as of 2021 and is listed on the Euronext NV under the ticker symbol, HO. The company operates through 3 business segments, namely, aerospace (avionics & space), transport (ground transportation systems), and defense & security (secure communication & information systems, land & air systems, and defense mission systems). The avionics global business unit offers a large array of equipment for pilot, navigation, and aircraft control systems; electrical generation & conversion; and inflight entertainment & connectivity systems. The company has a presence in Asia, the Middle East, Africa, and Latin America.

SAAB

Saab was founded in 1937 and is headquartered in Stockholm, Sweden. The company had 18,000 employees as of 2021 and is listed on the Nasdaq with the ticker symbol SAAB-B. The company majorly provides products, services, and solutions for the defense, commercial aviation, and civil security sectors. It operates through 6 business segments, namely, air, land, naval, civil security, commercial aeronautics, and others. It has a strong international presence with established markets in Sweden, Asia, Australia, and Africa. The major competitors of Saab in the aerospace segment are United Technologies Corporation (US), Rockwell Collins, Inc. (US), Honeywell International, Inc. (US), and Parker Hannifin Corporation (US), among others.

L3HARRIS TECHNOLOGIES

Founded in 1926 and headquartered in Florida, US, Harris Corporation provides a wide range of mission-critical communication products and services to government and commercial customers. The company had 17,500 employees as of 2018. It is listed on the New York Stock Exchange (NYSE) under the ticker symbol HRS. In 2019, it merged with L3 Technologies to create L3Harris Technologies. The company mainly operates through 3 business segments, namely, communication systems, electronics systems, and space & intelligence systems. The company’s structure is categorized into four subsegments, namely, government communication systems, RF communications, integrated network solutions, and Exelis. Its critical network division provides solutions supporting air traffic management, energy & maritime communications, and engineering services. L3Harris Technologies has the scale and range of capabilities to deliver the next generation of ATM, modernizing ATM internationally with technologies that enhance the safety, capacity and efficiency of aviation.

INDRA SISTEMAS

Founded in 1993 and headquartered in Madrid, Spain, Indra Sistemas offers information technology, consulting, and related outsourcing services for the utilities & energy, security & defense, transport & traffic, and telecommunication sectors. The company had 43,707 employees as of 2018 and is listed on the Bolsa De Madrid (Madrid Stock Exchange) with the ticker symbol IDR.

Indra Sistemas is structured into six business divisions, namely, defense & security, energy & industry, financial services, telecom & media, transport & traffic, and government & healthcare. The transport & traffic segment offers advanced air traffic management solutions that comply with the International Civil Organization (ICAO) standards and practices. It offers automatic flight tracking systems, flight plan management tools, air traffic prediction tools, and radar/ADS-B sensors. The company has a wide presence across Spain, Latin America, Europe, North America, Asia, Middle East, and Africa.

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Space Power Electronics Market Growth, Future, Scope And Forecast To 2030

The Space power electronics market is projected to grow from USD 205 million in 2021 to USD 435 million by 2026, at a CAGR of 16.2%.

Space power electronics is the application of electronics on satellites, spacecraft, launch vehicles, space stations and rovers to control and convert electric power from one form to other. It deals with the processing of high voltages and currents to deliver power that supports a variety of needs. According to the National Aeronautics and Space Administration, a power electronic system can comprise a modular power electronic subsystem (PESS) connected to a source and load at its input and output power ports, respectively. Semiconductor devices such as metal-oxide semiconductor field effect transistors (MOSFET), insulated gate bipolar transistors (IGBT), mos-controlled thyristor (MCT), and gate-turn-off thyristors (GTO) represent the cornerstone of modem power electronic converters.

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INFINEON TECHNOLOGIES

Infineon Technologies is a German semiconductor manufacturer which was formed in 1999 by separating from Siemens. Infineon Technologies is a leading global designer, manufacturer, and supplier of a broad range of semiconductors used in various microelectronic applications. Infineon's product portfolio consists of logic products, including digital, mixed-signal, and analog integrated circuits, as well as discrete semiconductor products. It has focused on four main segments of its business, creating a specialized group of people (a division) for each: Automotive (ATV), Industrial Power Control, Power & Sensor Systems, and Connected Secure Systems.

TEXAS INSTRUMENTS INCORPORATED

Texas Instrument Incorporated (TI), a US-based company founded in 1930 as Geophysical Service Incorporated, came to be known as Texas Instruments after a reorganization in 1951. It designs and manufactures analog technologies, digital signal processing (DSP) and microcontroller (MCU) semiconductors. TI is a leader in semiconductor solutions for analog and digital embedded and applications processing. A global semiconductor company, TI innovates through design, sales, and manufacturing operations in more than 30 countries.

Texas Instrument incorporated has three business segments: Analog, Embedded Processing, and Other. The Power segment, which consists of space power electronics, falls under the Analog segment. Analog semiconductors change real-world signals, such as sound, temperature, pressure, or images, by conditioning them, amplifying them, and often converting them to a stream of digital data that can be processed by other semiconductors, such as embedded processors. They are also used to manage power in all electronic equipment by converting, distributing, storing, discharging, isolating, and measuring electrical energy.

STMICROELECTRONICS

STMicroelectronics was formed in 1987 by the merger of two government-owned semiconductor companies: Italian SGS Microelettronica and French Thomson Semiconducteurs, the semiconductor arm of Thomson. It is a global independent semiconductor company that designs, develops, and manufactures a broad range of products, including discrete and standard commodity components, application-specific integrated circuits (“ASICs”), full-custom devices and semicustom devices, and application-specific standard products (“ASSPs”) for analog, digital and mixed-signal applications.

The company operates under 4 segments: Automotive and Discrete Group (ADG); Analog, MEMS and Sensors Group (AMS); Microcontrollers and Digital ICs Group (MDG); and Others. ADG is comprised of dedicated automotive ICs, and discrete and power transistor products. AMS is comprised of analog, smart power, low power RF, MEMS sensors & actuators, and optical sensing solutions. MDG is comprised of microcontrollers (general purpose and secure), memories (RF and EEPROM), and RF communications. Others include revenue from sales assembly services and other sources.

ONSEMI

Onsemi, previously known as ON Semiconductor, was originally a spinoff of Motorola's Semiconductor Components Group and continues to manufacture Motorola's discrete, standard analog, and standard logic devices. It has an extensive portfolio of sensors, power management, connectivity, custom and SoC, analog, logic, timing, and discrete devices. The power management and motor driver semiconductor components control, convert, protect, and monitor the supply of power to the different elements within a wide variety of electronic devices. Custom ASICs and SoC devices use analog, MCU, DSP, mixed-signal, and advanced logic capabilities to enable the application and use of automotive, medical, aerospace/defense, consumer and industrial customer products. The signal management semiconductor components provide high-performance clock management and data flow management for precision computing, communications, and industrial systems. The company’s portfolio of sensors, including image sensors, radar, and LiDAR, provide advanced solutions for automotive, industrial, and IoT applications.

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5G in defense market size is projected to grow from USD 665 million in 2022 to USD 2,487 million by 2027

Fifth-generation (5G) wireless system, or 5G mobile network, is an advanced telecommunication technology that enables high-speed data transfer and high system spectral efficiency (implies larger data volume) with relatively low battery consumption. It also offers the provision of connecting several devices simultaneously. 5G in defense would enhance intelligence, surveillance, and reconnaissance (ISR) systems and processing and enable new methods of command and control (C2). Factors such as the are the Higher network speed and lower latency in 5G , and growing adoption of autonomous and connected devices are driving factors assisting the growth of the 5G in defense market.

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Driver: Growing adoption of autonomous and connected devices
5G technology can support up to 1 million devices in a square km range (approximately). This means multiple devices such as sensors can be connected to each other using a 5G network. All autonomous systems or platforms work on a network through which data is transferred. This data is interpreted and then received by the systems through the network, which is used to take action by the autonomous systems. With a network that has higher speed and low latency, such systems will work more efficiently. For instance, the communication between an unmanned aerial vehicle and its controller will be quick and efficient when on a 5G network compared to current communication systems. Autonomous platforms, such as armored vehicles and unmanned ground vehicles, can function efficiently with a secured 5G network.

The 5G network is observed to have improved the functioning of autonomous systems. Countries like China, the US, and Israel are testing and/or operating 5G technology within their military forces. European countries, such as France and Italy, are also looking forward to implementing 5G within their military forces. According to the Federation of American Scientists (FAS) report Artificial Intelligence and National Security, published in November 2020, the US Army planned to deploy a variety of robotic combat vehicles (RCVs) with various autonomous capabilities, such as navigation, surveillance, and IED removal. These gadgets would be used in conjunction with the optionally manned fighting vehicle.

In addition, the Navy has developed the rapid autonomy integration lab (RAIL) to build, assess, certify, and deploy new and enhanced autonomous systems. By delivering quicker speeds and more capacity, the 5G network is reported to have boosted the efficiency of autonomous systems. As a result, an increase in the adoption of autonomous systems and connected devices due to their improved and increased performance on the 5G network is likely to drive the market.

Restraint: Lack of standards and protocols for use of 5G
5G is an upcoming technology, and for developing, managing, and successfully implementing 5G infrastructure, companies require protocols and rules to follow. At present, very few countries are utilizing 5G in the military arena, resulting in a lack of standards and protocols. There is a delay by the international community in the use of 5G for the military due to the unavailability of adequate hardware suppliers. Some of the major suppliers are Huawei (China), Nokia (Finland), and Ericsson (Sweden).

As the 5G infrastructure for defense is in the development phase, the companies involved in this technology have to face issues related to access to information, experimentation with military platforms, and availability of regulations for development and testing, among others. The shortage of skilled manpower is also an issue faced by defense firms. As 5G technology in the military is still in its early stage of lifecycle, the workforce possessing in-depth knowledge of this technology is limited. Thus, the impact of this restraining factor is likely to continue during the initial years of the forecast period.

By Communication Infrastructure, the small cell segment is projected to dominate 5G in defense market during the forecast period
Small cell segment growth is attributed to the large-scale deployment of small cells by 5G network operator. With the further introduction of the 5G network, the data connectivity speed is expected to increase significantly. As small cells can help facilitate 5G deployment, they are anticipated to play a pivotal role in the market for 5G communication infrastructure.

By platform, the airborne segment to lead 5G in defense market during the forecast period
By platform, the airborne segment is projected to register the highest CAGR of 34.5% during the forecast period. With advancements in 5G technology, airborne applications (such as drones) and mission-critical communications will be able to perform with increased efficiency.

North America is projected to lead the 5G in defense market during the forecast period.
North America is estimated to lead the 5G in defense market during the forecast period owing to increased investments by the US Department of Defense in 5G technology. The US is projected to be the largest developer and operator of 5G technology globally, resulting in a large share of the North American region in the global market. 5G technology in defense helps improve the processing and functioning of ISR (intelligence, surveillance & reconnaissance) systems, enables new command and control systems, enhances augmented and virtual reality applications, modernizes maintenance processes, and improves efficiency in logistics supply using technologies such as blockchain. With the increasing use of connected systems through IoT, a need for low-latency communication technology has risen. The allocation of a wide frequency band to the US military has opened new opportunities for system designers to develop 5G enabled components and enhance the operational efficiency of all related systems

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Vessel Traffic Management Industry worth $8.7 billion by 2027

The Vessel Traffic Management Market is projected to grow from USD 5.8 billion in 2022 to USD 8.7 billion by 2027, at a CAGR of 8.4% during the forecast period.

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Driver: Increased Vessel congestion at ports
Port congestion is one of the most significant supply chain concerns that Fleet Operations managers encounter. Many ports have seen increased port congestion as a result of Covid-19 and strong demand. These delays are a problem because, aside from inefficiencies in terms of time, primarily result in greater costs at all stages of freight transport and delivery. Fleet Operations Managers may assess the amount of time spent at a major port, estimate probable delays, and make voyage-related choices, such as reducing speed to conserve fuel and improve vessel efficiency. Vessel Traffic Management solutions will assist ports in keeping track of vessels as they travel across the seas, planning efficient operations while accounting for bunkering costs and weather, and reviewing visual voyage reports to analyze incidents, performance, and charter party compliance.

Restraint: Effect of natural disasters on ports
Natural catastrophes such as hurricanes, typhoons, and earthquakes wreak havoc throughout the world on a regular basis, wreaking havoc on national and regional economy. High population density, economic expansion, and climate change are all factors contributing to natural catastrophes' rising economic toll. Firms, businesses, and people struggle to repair and rebuild their livelihoods in the aftermath of a disaster during the recovery phase. This involves a company's capacity to bring its goods to export markets, guaranteeing that it can continue to operate. Disasters in coastal locations, particularly port cities, will damage not just the companies in the devastated city, but also those in the surrounding region that use the city's port services. The subsequent interruptions have the potential to extend across supply systems, causing massive economic damage.

A vessel traffic service is a marine traffic management system established by different port authorities, similar to Air Traffic Control systems. The International Maritime Organization defines vessel traffic service as “ a service implemented by a component authority designed to improve the safety and efficiency of vessel traffic and protect the environment. The service shall have the capability to interact with the traffic and respond to traffic situations developing in the vessel service area.”. Most vessel traffic service systems use radar, RF communication, VHF communication and Automatic Identification System (AIS) to keep track and monitor vessel movements and provide navigation aid to the crew.

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Fixed-wing VTOL UAV Industry worth $4,627 million by 2030

 The Fixed-wing VTOL UAV market is estimated at USD 842 million in 2022 and is projected to reach USD 4,627 million by 2030, at a CAGR of 23.7% from 2022 to 2030. The rise in the adoption of technologically advanced runwayless unmanned aerial military platforms by defense forces is one of the most significant factors projected to drive the growth of the fixed-wing VTOL UAV market. The increasing adoption of fixed-wing VTOL UAVs in various commercial applications, such as monitoring, surveying & mapping, agriculture, aerial remote sensing, and product delivery, is also contributing to the growth of the market.

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Driver: Wide-scale use in civil & commercial applications
Fixed-wing VTOL UAVs are extensively used in various civil & commercial applications such as photography, product delivery, greenhouse emission monitoring, and wildlife research & preservation. They are also being used in the agriculture, real estate, mining, and oil & gas industries. In the agricultural sector, the use of UAVs has led to the evolution of precision farming, which enables farmers to monitor the health of crops, keep track of irrigation equipment, and identify different types of weeds, among others.
Rapid industrial developments in the US, China, France, and Japan have increased the demand for automation in various industries. Moreover, increased foreign investments and the transfer of technologies related to fixed-wing VTOL UAV platforms from developed economies to emerging economies are also expected to contribute to increased demand for them in civil & commercial applications. The growing use of these UAVs in civil & commercial applications due to their superior endurance and low operating costs has resulted in increased production, which is the primary factor driving the growth of the market. Threod Systems (Estonia), ALTI UAS (South Africa), Autel Robotics (US), Vertical Technologies (US), Quantum-Systems (Germany), and Wingtra (Switzerland) are significant players in the commercial UAV space.

Restraint: Lack of skilled & trained personnel for operation
Unlike conventional aircraft, personnel operating fixed-wing VTOL UAVs need to ensure the reliability of the entire unmanned aerial system, which includes UAVs, ground control stations, and communication equipment. These UAVs can fly at different altitudes but require pilots to control and operate them and skilled personnel for remote piloting. The number of pilots available for such high precision operations is comparatively low. An increase in drone adoption in the commercial and law enforcement & government applications adds to the growing need for skilled fixed-wing VTOL UAV pilots. Presently, to reduce the number of accidents caused due to the poor control skills of operators, efforts are being made to improve the autonomy of these systems, thereby reducing the involvement of human operators. Fixed-wing VTOL UAVs should be equipped with systems that offer them autonomous sense and avoid, the capability to avoid collisions during operation alongside manned aircraft in congested airspace and beyond the line of sight of ground control stations.

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MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

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Robotics and Automation Actuators Market Size, Share, Future and Analysis

The Robotics and Automation Actuators Market is estimated to be valued from USD 18.7 billion in 2022 to USD 35.8 billion by 2027; at a CAGR of 13.9% during the forecast period.

The robotics and automation actuators market is growing at a significant rate, and this trend is expected to continue during the forecast period. This growth can be attributed to the development of advanced actuators, such as pneumatic muscle arm actuators, shape memory alloy actuators, and compact electric actuators. However, stringent regulations regarding safety and power consumption, noise, and leak issues are some of the restraints impacting the growth of the market.

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The Roboticts application segment of the robotics abd automation actuators market is projected to grow at the highest CAGR during the forecasted period.

By application, the robotics segment is projected to grow at the highest CAGR in the robotics and automation actuators market in 2022. The growth in service robots in applications such as logistics, medical, field robotics, exoskeleton and household will fuel the growth of robotics segment.

The Rotary actuator segment of the robotics abd automation actuators market is estimated to have the highest CAGR during the forecasted period

By type, the rotary is estimated to grow at a highest CAGR during the forecast period. Growth in rotary actuators can be attributed to the increasing installations of industrial robots and growing demand for service robots.

Asia Pacific is estimated to lead the robotics and automation actuators market

Asia Pacific is estimated to lead the robotics and automation actuators market by 2027. The market growth in this region can be attributed to the installation of automation systems in Japan and China and the higher manufacturing of industrial robots in these regions. The presence of some major companies such as SMC (Japan), MISUMI Group Inc. (Japan), IAI (Japan) is also contributing to the growth of the Asia Pacific robotics and automation actuators market.

ABB (Switzerland), Rockwell Automation (US), Altra Industrial Motion (US). Moog (US), SMC (Japan), Curtis Wright (Exlar) (US), and MISUMI (Japan) are some of the leading players covered in the robotics and automation actuators market report.

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SATCOM on the Move Market worth $42.8 billion by 2026

  The SATCOM on the move market is projected to grow from USD 17.7 billion in 2021 to USD 42.8 billion by 2026, at a CAGR of 19.3%. SATCOM ...