Aerospace Fasteners Market : Global Major Key Players Research – Forecast to 2023

Global Aerospace Fasteners Market Information by Application (Commercial Aerospace and Military), Aircraft Class (Commercial Aircraft & Military Aircraft), and Region (Americas (North and Latin), Europe, Asia Pacific, Middle East & Africa)- Forecast To 2023.

Market Scenario:

Fasteners are widely used in commercial and military aircraft, ballistic missiles and rockets, aftermarket service and their parts and components. The aerospace industry makes use of a different range of fasteners such as screws, bolts, rivets, nuts, hi-locks, and pins.

Growing demand for air travel worldwide has led to increased requirement for commercial aircraft fleet. Such an increase in the number of aircraft will simultaneously result in demand for aerospace fasteners. Aerospace fastener manufacturers are increasingly focusing on emerging regions, such as Mexico, Brazil, India, and North Africa because of the high demand for aircraft. This offers opportunities for third-party companies to partner with OEMs and open MRO service centers in these regions. The use of titanium fasteners and growing investment in interior cabin products have been encouraging market growth in the last five years. With technological advances being key to product acceptance, the introduction of software such as ASRP5, which allows the simulation of complex assembly processes, bodes well for the market.

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Both civilian aircraft programs, comprising Boeing 787, Bombardier’s new C-Series airliners, and Airbus A350, and military programs, including aircraft such as Lockheed’s new F-35 Lightning II fighter jet, are favoring titanium aerospace parts. This preference is due to the light weighing parts and their compatibility with carbon fiber reinforced composite structures, which drive their demand in the market.

Titanium hardware weighs 40% lesser than non-titanium hardware. It is also corrosion resistant, has high strength-to-weight ratio, and retains properties at high temperature. Titanium parts have tensile strength as high as 160 ksi and shear strengths of 95 ksi.

Aircraft parts manufacturers are ramping up their production to meet the demand for titanium fasteners. In 2014, B/E Aerospace signed an agreement worth USD 950 million with United Technologies to provide aerospace fasteners, consumables, hardware, and logistical services. In October 2015, Alcoa got a contract worth USD1 billion from Airbus for the supply of titanium fasteners. In 2011, Carpenter Technology invested USD 5 million to expand its capacity for producing aerospace fasteners. These fasteners will be used in the airframes of the Boeing Dreamliner 787.

Rapid shifts in technology make it difficult for vendors to design appropriate fasteners and other related products, and has been a cause for concern among vendors. The increased retirement of maintenance intensive aircraft in favour of more electronic aircraft, which require a far fewer number of fasteners, will also hamper market growth to some extent.

The aerospace fasteners market is expected to grow at a CAGR of 7.85% during the period 2017-2023.

Regional Analysis

The Americas is home to a few of the world’s most renowned commercial aircraft and business jet manufacturers, namely, Boeing, Bombardier, Gulfstream, and Embraer. Companies such as Boeing often engage in R&D projects with the manufacturers of aerospace fasteners. U.S., in particular, is making substantial investments in producing advanced fastening systems, which will be integrated across modern fighter jets and MEA such as Boeing 787.

North America extensively invests in the aerospace titanium fasteners, and generates a very high demand for these fastening systems. Although, Brazil and Canada make some investments in the development of these fastening systems, yet the market is primarily dominated by the U.S.

The mergers of major airlines in the U.S. (American Airlines with US Airways, United with Continental, Delta with Northwest, and Southwest with AirTran) have made the country’s airline industry the most profitable in the global aviation market. These airlines are investing in advanced technology and upgrading fasteners to enhance their flight safety and operations, which will have a positive impact on the market.

Similarly, Europe has been at the forefront of commercial aviation innovations, particularly with the recent nanotechnology-based innovations depicting the lightweight and energy-efficiency characteristics for metal-based components, which presents a number of opportunities for local manufacturers and stakeholders of aerospace fasteners. It develops advanced aerospace fasteners by unifying metallurgy with aeronautical excellence.

Key Players

The global aerospace fasteners market is highly competitive, and vendors compete based on cost, product quality, reliability, and aftermarket service. To survive and succeed in such a competitive environment, it is important for vendors to provide cost-effective and high-quality aerospace fasteners with latest technology and materials.

Products used in the interior of an aircraft cabin are designed and manufactured based on the requirements of specific aircraft. Aircraft technicians find it challenging to implement changes to aircraft interiors as the technology they use will soon become obsolete. With the rapid advances in aircraft cabin interior technologies, the upgradation of the fasteners is necessary to comply with the airplane requirements, which require high investments and technical expertise.

For instance, Boeing 787 uses many loadable software airplane parts (LSAP). Traditionally, these were loaded via floppy disks. However, as floppy disks have become obsolete, airlines have to spend money on newer technologies for management for loading data. Upgrading to the latest technology requires capital and may cause delays in aircraft delivery, affecting the airlines’ operations

Aloca and B&B Specialties are the two leading vendors in the market. Their focus is, primarily, on the implementation of lightweight materials, more electric technologies, and robust systems.

Other key players in this market are 3V Fasteners Company(U.S.), Aloca (U.S.), B&B Specialties(CA), KLX(U.S.), LISI (France), CDP Fastener Group(MA), National Aerospace Fasteners (Taiwan), Stanley Aerospace Fastening(USA), TFI Aerospace(Canada), Wesco Aircraft Holdings(U.S.).

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Electric Drone Market Global Segmentation and Major key Players Analysis 2023

Global Electric Drone Market Information Report by Surveillance Mission (Border Surveillance, Natural Disasters, Illegal Traffic Monitoring, and Others), by Application (Commercial and Civil, and Military), by Payload (Electro-Optical/Infrared Sensors, Camera, Electronic Intelligence, Electronic Warfare, and Others) and by Region (North America, Europe, Asia-Pacific, Middle East and Africa, and Latin America) – Forecast to 2023

Market Drivers

The growing demand for surveillance drones and the rapidly increasing application of electric drones in spy missions, are the primary factors that drive the electric drone market. These unmanned vehicles aid in providing modernized, digital communication formats that are high on security and reliability. Also, these vehicles are equipped with payloads such as electro-optical/infrared sensors, camera, global positioning system (GPS), and electronic intelligence, which help in rapidly modernizing their communications equipment.

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Regional Analysis

North America is expected to be the largest market by 2023, primarily due to the presence of established market players in this region. Over the years, extensive investments by the government and defense authorities in the North American region, has resulted in development of small, lightweight, and efficient electric drones, with relatively increased ranges. Apart from the recreational, scientific, and agricultural applications these electric drones are increasingly being used for various functions in the military. With the increasing surveillance applications, the usage of electric drones in military operations, is expected to increase significantly, during the forecast period. Furthermore, these drones are being used for commercial and recreational purposes in the region, and the manufacturers are rapidly changing their marketing strategies in order to attract more customers as well as they are focusing on the development of more consumer friendly electric drones. 

Key Players

The key players of the global electric drone market are AgEagle (U.S.), Agribotix (U.S.) , Airinov (France), Festo(Germnay), Gamaya (Switzerland), Headwall (U.S.), LeddarTech(Quebec), MicaSense(U.S.), Novariant(U.S.), Parrot(France),  senseFly (Switzerland),  Shadow Robotics (U.K.),  Trimble (U.S.), URSULA Agriculture (U.K,) , Yanmar (Japan) , and Yara (Norwat). In 2016, these players accounted for XX% share of the global market.

Market Scenario

Drones are also referred to as unmanned aerial vehicles, which are controlled autonomously by a remote control or an on-board computer. Although, of late, electric drones are rapidly being used for commercial and recreational purposes they are primarily used in defense and military. Due to the extensive investments by the drone manufacturers, in the development of lighter and better efficient electric drones, the global market is expected to witness significant growth, during the forecast period.

With a number of revenue streams opening up in this market as a result of the rapidly increasing commercial applications such as aerial photography, agriculture, wildlife protection, and 3D mapping, the global electric drone market is poised for a rapid and momentous growth, in the near future.

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Aviation Test Equipment Market : Global Major Key Players Research – Forecast to 2023

Aviation Test Equipment Market by System (Electrical, Hydraulic, Pneumatic, Power), Aircraft Type (Manned, Unmanned), End User (Military and Commercial), and Region (North America, Europe, Middle East & Africa, South America) – Global Forecast Till 2023

Market Scenario

Aviation is a domain of aeronautics, which involves the designing, development, manufacturing, and operation of aircrafts. Aviation test equipment include the equipment used for inspection, resolution of electrical and mechanical problems, repairing brakes, performance check, . in the aviation industry. They are used on a large scale for the maintenance of pneumatic systems, hydraulic systems, and other systems. They have a vital role in defense and commercial aviation sector, for maintaining aircrafts. The factors that propel the growth of the global Aviation Test Equipment market include rise in research and development activities for aviation test equipment and high-tech innovations and solutions.

Moreover, rise in the aerospace activity across the globe, has led to increasing demand for aviation test equipment globally. The equipment are fundamentally used for calibration, inspection, qualification testing, and evaluation of different kinds of aircraft devices. Aviation test equipment also include a single axis rate table, vacuum and pressure instrument chamber, manual turn and tilt tables. Aviation test equipment are also used for managing the tests, memorizing, reporting, and monitoring results. The main aim of these test equipment is to decrease the life cycle cost, improve system reliability and safety, isolate failures.

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The growth of the global aviation test equipment market can be accredited to the changing trends in the aviation industry and new innovations within the traditional systems. Moreover, this triggers the adoption of modern aviation test equipment. The aviation test equipment have the capabilities and construction that will support in improving and integrating several weapon systems.

This growth, coupled with the increasing demand for maintenance of older aircrafts, is estimated to boost the sales of aviation test equipment. In addition, the aviation sector, mainly the defense aircrafts segment, now have several aircrafts which are technologically quite advanced;, this has led to a demand for more sophisticated test equipment, with advanced features.

Aviation test equipment can be electrical, hydraulic, pneumatic or power test equipment. The testing devices include air data test sets, pilot static adapters, transponder test sets, distance measuring equipment testing. Other vital aviation test equipment are strategic air navigation system testers, navigation/Transmission test sets, radar test sets, altimeter test sets, GPS satellite simulators, battery testers, engine test set. The aviation domain faces challenges in terms of unpredictability, as its difficult to gauge the market in this segment.

The key driver for the market of aviation test equipment is rising numbers of unmanned aerial vehicles testers in the battlefield. The major factors hindering the growth of the market are sustainment of the several legacy platforms and small life span of avionics module. The leading opportunities for the market are the updates in the legacy equipment market, advanced and new standards and artificial instrumentation in the aviation test equipment.

The low-emission GEnx jet engine is one of the key growth drivers of the aviation test equipment market. The GEnx engine is an advanced high-thrust jet engine with high fuel-efficiency. This engine was developed by Airbus A350 and Boeing 787 Dreamliner aircraft and has numerous advantages such as reduced NOₓ emissions, and noise-free performance. The success of this engine has drawn major investment to this market, which is expected to catalyze the growth of this market during the forecast period.

Global Aviation Test Equipment market is estimated to witness a CAGR of more than 6% during the forecast period.

Europe and North America have an established market for aviation test equipment due to the presence of large number of aviation test equipment resources and high-tech innovations. Aviation test equipment market in the Asia Pacific, The Middle East and Africa are expected to grow gradually, owing to rising aerospace activity.

APAC is a capable regional sector for the long-haul segment and heavily relies on medium and small wide body aircraft. Manufacturers are shifting their focus on countries such as India, China, Brazil, Mexico, Egypt, and Morocco due to accessibility of cheap labor, skilled employees and favorable government initiatives.

Key Players

The key players in global aviation test equipment market are Teradyne Inc. (U.S.), Rolls Royce Holdings Plc. (England), 3M Company (U.S.), General Electric Co. (U.S.), Rockwell Collins Inc. (U.K), Lockheed Martin Corporation (U.S.), Ideal Aerosmith Inc. (U.S.), The Boeing Company (U.S.), Airbus Group (France), and Honeywell International Inc. (U.S.).

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Military Tank Containers Market Global Segmentation and Major key Players Analysis 2023

Military Tank Containers Market by Material (Stainless Steel, Aluminum Alloy), Type (Refrigerated, Non-refrigerated), Payload (Fuel, Water, Others), & Region (North America, Europe, Asia Pacific, Middle East & Africa, & South America) – Forecast Till 2023

Market Scenario

Military tank containers are built to accomplish high-speed operations on rocky and rough roads; tanks are used to supply food, water, medicines, chemicals, and fuel in rough terrain. Military forces across the globe are manufacturing these military tank containers to source sufficient quantity of necessary goods to the armed forces located in isolated regions. The manufacturers in the military tank containers market are aiming at enhancing the tank container technology to improve security, container capability, and durability of the tank containers. Another purpose of tank containers is to make water available for armed workforces in deserted regions. Water stored in huge insulated tank containers does not get heated or infected during transportation through rough deserts as compared to small uninsulated containers. Recently, with the improvement of technology, the military tank containers can be tailor-made to supply other goods, such as artilleries, ammunition, and medicines, to the remotely located military troops.

The major factor driving the growth of the market for military tank container is the growing demand for custom made tank containers, currently, boosting the growth of the military tank container market across the world. Moreover, constant investment in military tank containers by governments is driving the growth of the market.

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The tank containers are covered with armors protection systems to resist enemy attacks. Similarly, including the Decision Support Systems (DSS) technology into the tank containers, avoids fire triggers by gun fires in the fuel tanks. Owing to these advantages the military tank containers market has huge scope to grow in the future. The manufacturers are covering tank containers with armor protection systems such as anti-tank protection, machine gun shield, and grenade launcher guard. The DSS technology can be fitted into any fuel containers or tanks, or tanks carrying combustible liquids, and prevents an explosion of combustible fluids, and limits the time for propagation of fires. The DSS technology will boost the growth of the military tank containers market in future.

The global military tank containers market is highly competitive. Vendors compete on the basis of the cost of the tank containers, quality of the product, and reliability of the components used in the containers. The global players dominate this market and primarily focus on lightweight materials, such as stainless steel and aluminum alloys, and electric technologies used in the tank containers.

There has been a continued importance given toward the quick placement of forces to involve in distorted conflicts and bring back amity in allied countries. During such operations, the fighter forces can achieve operational efficiency by ensuring high movement of the support equipment.

The tank containers are not built with armor protection systems to survive any attacks from enemies, this factor is also limiting the military tank containers market to grow in past few years. The refrigerator containers require ground power supply, thus, the temperature of the container should be maintain after unloading the container from the trucks in order to protect the delicate goods. This is another prominent factor obstructing the market growth for military tank containers,

In the upcoming years, countries, such as China, France, Germany, India, Iran, Japan, Pakistan, Russia, South Korea, Taiwan, the U.K, and the U.S., are anticipated to boost their competencies to manufacture and import advanced military tank containers to maintain ample supply goods to their respective armed troops. The military experts across the globe have increased their focus on the purchasing and deployment of military tank containers, owing to sufficient support to soldiers in the military purposes.

In regional analysis, the military tank containers market is catergorized into regions, such as North America, Europe, Asia Pacific, the Middle East & Africa and South America. Countries in Europe, the Middle East, and Africa are using these military tank containers to support the remotely located army groups.

The global military tank containers market is estimated to witness a CAGR of more than 5% during the forecast period from 2018 to 2023.

Key Players

The key players in the global military tank containers market are Klinge Corporation (U.S.), Krampitz Tanksystem GmbH (Germany), Textainer Group Holdings Limited (Bermuda), UralVagonZavod (Russia), Westerwälder Eisenwerk GmbH (Germany), AAR Mobility Systems (U.S.), Ancora SP. Z O.O. (Poland), Nuova Manaro (Italy), and Variel, A.S. (Czech Republic).

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Narrowbody Aircraft MRO Market : Global Major Key Players Research – Forecast to 2023

Global Narrowbody Aircraft MRO Market by MRO Type (Airframes and Modification, Components, Engines, and Line Maintenance), by Platform (Military and Commercial), and by Region – Global Forecast to 2023.

Market Scenario

Air travel in developing countries is growing, thus, increasing the demand for aircraft maintenance services. Aircraft Maintenance, Repair, Overhaul (MRO) is crucial for sustaining the lifespan of narrowbody aircraft and assuring the crashworthiness of an aircraft. It consists of maintenances, overhauls, routine checks, repairs, and modifications disbursed on narrowbody aircraft and their elements. Many new maintenance and service centers have been set up in numerous countries in recent years. This increases the participation of regional manufacturers and tier-1 suppliers in the field of aircraft MRO. Moreover, the growing international trade between countries has increased the travel frequencies of cargo planes. Thus, it is essential to conduct timely checks or repairs of airplanes to ensure efficient performance and safe air travel. However, there are some shortcomings in the global narrowbody aircraft MRO market, such as high cost of repair and replacement, retrofit of older aircraft with upgraded systems, and environmental hazards.

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The global narrowbody aircraft MRO market comprises of the maintenance and repair of narrowbody aircraft components, engines, and air fins. Moreover, the aerospace industries are early adopters of emerging market trends in maintenance service, which has led to the development of aircraft MRO system. The rise in popularity of radio-frequency identification (RFID) and integration of portable devices for the effective turnaround is estimated to drive the market during the forecast period.

Although the narrowbody aircraft has a lesser capacity than the wide-body aircraft, they are larger in number. Some major narrowbody aircraft are Airbus A318, A319, A320, and A321; the Boeing B727s, and B737s. These planes fly over short routes, and are, therefore suited to cater to budget passengers. As of 2016, there have been over 15,000 narrow-body planes, across the world, which might get replaced by approximately 12,000 such planes by 2035. At the same time, there has been an increase in the number of low-cost carriers in the recent years that have propelled the market for narrow-body planes, globally. Therefore, there have been some developments in the aircraft MRO market for narrow-body planes, in the recent years.

The factors that are responsible for the growth of the global narrowbody aircraft MRO market are increased procurement of narrowbody aircraft, outsourcing of MRO activities, and usage of 3D manufacturing in aircraft components. Other key drivers expected to contribute towards the growth of narrowbody market is increased focus of OEMs on aircraft MRO service and rapid aircraft fleet expansion.

The global narrowbody aircraft MRO market is segmented based on MRO type, platform, and region. On the basis of MRO types, the engine MRO is widely used and captures the majority of global narrowbody aircraft MRO market due to the need for proper maintenance of engines and engine components. On the basis of platform, the commercial segment is estimated to grow at the highest CAGR during the forecast period.

The market is segmented based on North America, Asia Pacific, Europe, the Middle East & Africa, and South America. North America is expected to dominate the market in the future, due to the growth in air traffic in the international long-haul routes. European region is second to Asia Pacific in the global narrowbody aircraft MRO aircraft market, due to the presence of major MRO service providers, such as Lufthansa Technik. Thus, the global narrowbody aircraft MRO market is estimated to witness approximately 5% CAGR during the forecast period of 2017-2023.

Key Players

The key players in the global narrowbody aircraft MRO market are GE Aviation (U.S.), Honeywell Aerospace (U.S.), Lufthansa Technik (Germany), Pratt & Whitney (U.S.), Rolls-Royce (U.S.), Air Works (India), Jet Maintenance Solutions (Lithuania), GMF AeroAsia (Indonesia), and Singapore Technologies Aerospace (Singapore).

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Sonobuoy Market : Global Major Key Players Research – Forecast to 2022

Sonobuoy Market by Technology (SAR, DICASS, CASS, Others), Type (Active, Passive), Application (Detection & Tracking, Safety & Security, Oil & Gas, Others), Size (A, B, C), Deployment (Spring, Pneumatic, Free Fall, Cartridge) & Region – Forecast till 2023

Market Scenario

A sonobuoy is a compact, expandable, and air-deployed acoustic sensor designed to be dropped from an aircraft. As it enters the water, it separates into an underwater acoustic sensor and an on-the-surface radio transmitter, and relays underwater acoustic signals to detect the aircraft and track submarines at sea. The radio frequency transmission is received and processed to detect, locate, and track submarines in sea. It provides the airborne platform with the capability of using underwater sound to determine if an enemy submarine is present. Technology advances in submarine and antisubmarine sensors would require highly accurate sonobuoy systems. Significant investments have been made on the development of sonobuoy systems, which would lead to rapid growth of the market during the forecast period. However, major restraint of the sonobuoys is the limited capability to detect stealthier submarines in littoral zones and impact of sonobuoys on marine life.

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Moreover, procurement of unmanned underwater vehicles, Anti-Submarine Warfare (ASW) systems, and acquisition of sonobuoys for marine mammal research has bolstered the growth of the market. Maritime disputes between China and the U.S., such as the East China Sea dispute, have increased the need for deployment of sonobuoy in waterways. For instance, in 2018, ERAPSCO signed a contract with the U.S. Navy to manufacture and supply sonobuoys.

The increased need for cost-effective ASW systems will offer new growth opportunities to the market players. The factors responsible for the growth of the global sonobuoy market are the growing usage of unmanned underwater vehicles, increase in the efficiency of sonobuoy, and rise in maritime disputes. Several contracts have been signed to bolster the growth of the market. In 2013, General Dynamics signed a contract with Republic of Korea Navy (RoKN) to provide next-generation acoustic processing systems. In 2015, Ultra Electronics signed a contract with the Royal Navy’s marine to supply sonobuoys for maritime patrol helicopter.

Segmentation:

The global sonobuoy market has been segmented by technology, type, application, size, deployment, and region. Among technology type, Low-Frequency Analysis and Ranging (LOFAR) is the most widely used and have the largest market share due to increasing demand for technology advancement in antisubmarine sensors. On the basis of type, the passive sonobuoys segment is estimated to witness the largest demand during the forecast period, owing to their ability to prevent the detection of a tracking aircraft by a submarine. On the basis of application, the detection and tracking segment is expected to witness the largest demand during the forecast period, owing to increase military expenses by countries towards strengthening their anti-submarine warfare capabilities. On the basis of size, the size A segment is estimated to witness the largest demand during the forecast period, owing to increasing demand for lightweight sonobuoy.

On the basis of region, the market is segmented into North America, Asia Pacific, Europe, the Middle East & Africa, and Latin America. North America is expected to dominate the market in the coming years, due to the presence of major manufacturers and increasing military expenses. Asia Pacific follows the North America region in the global sonobuoy market and is estimated to trail North America during the forecast period due to the rise in maritime disputes and increased government spending by countries, such as China. Furthermore, the Chinese government had increased the investment due to a dispute over territory among Brunei, Phillippines, and Malaysia. The global sonobuoy market is estimated to witness a CAGR of 8%, from 2018 to 2023.

Key Players

The key players in global sonobuoy market are General Dynamics Corporation (U.S.), Radixon (Australia), Sparton (U.S.), Thales Group (France), Ultra Electronics Group (U.K), SeaLandAire Technologies Inc (U.S.), Lone Star Electronics Co. (U.S.), Lockheed Martin Corporation (U.S.), ERAPSCO (U.S.), and Sigma Pi-Power Sources Pvt Ltd (India).

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Aircraft Tire Market : Global Major Key Players Research – Forecast to 2022

Aircraft Tire Market Information Report by product type (radial and bias), by application (commercial and defense), and by Region – Global Forecast to 2022

Market Scenario:

Aircraft tires are generally used in the performance of the aircraft. They are produced with different kind of materials such as steel, nylon cord, artificial and natural rubber and others. The strength of the tire is provided by casing plies. These are layer of fabric cord which are coated with hi-modulus rubber on both the side. There are different aircraft tire manufacturers who provides tire to civil and military segments so as to serve air force and naval force.

On the basis of product type, Bias segment dominate the aircraft tire market during the forecast period due to the increasing demand of air travel and frequently replacement of the aircraft tire. Based on application, commercial segment dominates the aircraft tire market because there is a requisites for the commercial aircraft manufacturer to improve efficiency of aircraft operation by reducing the weight of the tire.

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Asia-Pacific region is expected to witness strong growth over the forecasted period due to due to the increasing demand by the commercial airlines segment which indirectly will boost the aircraft tires market

Regional Analysis of Aircraft Tire Market:

Asia-Pacific region has witness a high growth during the forecast period due to the increasing demand by the commercial airlines segment which indirectly will boost the aircraft tires market. Government spending for infrastructure development, liberalization and GDP growth in these region have resulted in the growth of Asia-Pacific

Key Players:

The key players in aircraft tire market are Aviation Tires & Treads, LLC, Bridgestone Corporation, Compagnie Générale Des Établissements Michelin Sca, Desser Tire & Rubber Co., LLC, Dunlop Aircraft Tyres Ltd., Goodyear Tire & Rubber Co., Petlas Tire Corporation, Qingdao Sentury Tire Co., Ltd., Specialty Tires of America, Wilkerson Company, Inc. (Wco)

The report for Aircraft tire Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.

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Border Surveillance Market Global Segmentation and Major key Players Analysis 2023

Global Border Surveillance Market Information Report by Equipment (Drone and Surveillance Camera), By Application (Coastal Border, Territorial Border, and Infrastructure) and by Region (North America, Europe, Asia-Pacific, Middle East and Africa, and Latin America) – Forecast to 2023

Market Scenario

Border surveillance is one of the key areas, where every country focuses upon, as these borders safeguard a nation’s security, sovereignty, and economic prosperity. Rapidly rising cross border conflicts and territory conflicts in specific regions is expected to propel the demand in the global border surveillance market. Development of new methods of surveillance through high end cameras and drones has resulted in opening of new revenue streams in this market. The recent Syrian refugee crisis beckons the need to increase the investments in the border surveillance market. In response to this demand, the US Department of Defence (DOD) and the UK Ministry of Defence (MOD) have amplified the usage of unmanned systems, for the soul purpose of monitoring the national borders. Consequently, the increasing application of unmanned solutions has significantly contributed towards the growth of the global border surveillance market. Therefore, the global border surveillance market is expected to reach the valuation of more than USD XX billion during the forecast period, and is expected to grow at a CAGR of more than 5%.

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Market Drivers

Growing demand for surveillance drones, integration of IP technology in surveillance cameras, and introduction of thermal imaging and panoramic surveillance cameras are some of the primary factors driving the global border surveillance market. Furthermore, the increased adoption of the stealth surveillance drones in the vulnerable coastal/territorial borders and the growing usage of surveillance cameras for the protection of critical infrastructure is also expected to fuel the demand in the border surveillance market.

Regional Analysis

Asia-Pacific is expected to be one of the leading markets, by 2023, mainly due to increasing number of cross border conflicts in this region. In the recent years, nations like Vietnam, Philippines, Malaysia, and Taiwan have increased their military spending in order to secure their borders against China, due to the conflict at the South China Sea.  Other countries such as India and South Korea are expected to implement incremental features on their borders to counter the threats from their disruptive neighbors. The Middle East countries, in particular, are expected to register a high growth rate, with Saudi Arabia heavily investing in the construction of a 60 mile-wall on the Iraq border. Moreover, the Middle Eastern region, specifically due to the emergence of the Islamic State (IS), is expected to step up their efforts in order to secure their borders.

Key Players

The key players of the global border surveillance market are: DJI (China), General Atomics (U.S.), Leonardo S.p.A (Italy), Lockheed Martin(U.S.), Northrop Grumman(U.S.), Thales Group(France), General Dynamics (U.S.), Honeywell International (U.S.), FLIR Systems (U.S.), and Moog (India).

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Automated Weapon System Market Competitive landscape By 2023

Automated Weapon System Market Report Information by Type (Radar-guided, Homing Missiles, Stationary Sentry Guns, Combat Drone), Platform (Autonomous, Semi-Autonomous), Application (Airborne, Naval, and Ground Based), and Region – Forecast Till 2023.

Market Scenario

Automated weapon systems are specifically designed to engage with military targets without any human intervention. There has been a growing demand for drones over the years due to the modernization of warfare. Features of drones or unmanned aircraft systems inlcude their small sizes and cost-effective design. They are embedded with various systems to provide secure, reliable, and modernized digital communication. Moreover, these weapon systems are developed to provide intelligence, surveillance, and reconnaissance (ISR) to military operations. The emergence of drones or unmanned aircraft systems is expected to improve the effectiveness and accuracy of automated weapon system. However, there are some  issues in the market, such as the performance deterioration of automated weapon system due to the cluttered operating environments. It also poses a threat to civilian lives.

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Moreover, automated weapon systems are highly used in the naval platform. In 2016, Saab AB acquired Denmark’s Nordic Defense Industries (NDI) to develop its position in the unmanned underwater domain. Similarly, in 2016, Thales Group signed a contract with the U.K Royal Navy to demonstrate unmanned warrior capabilities in three categories: intelligence surveillance target acquisition, reconnaissance, and mine countermeasure. In 2013, Google X acquired Boston Dynamics so as to enhance their drone manufacturing capabilities. However, in 2017, Boston Dynamics was later sold to Softbank.. Furthermore, Google launched its ambitious AI program, which is known as Project Maven, to build military drones for the U.S. Military Forces, which would help in distinguishing spot targets.        

The factors responsible for the growth of the global automated weapon system market are the continuous upgrades in existing combat platforms and the emergence of artificial intelligence and big data in weapon systems. The significant technological developments in the system have resulted in reduced operational costs due to lower dependence on workforce to operate the weapon. For instance, in the year 2010, General Dynamics signed an agreement with the U.S. Army Research Laboratory to develop autonomous unmanned air and ground systems. Similarly, Northrop Grumman signed a contract with the U.S. Department of Defense to develop Gray Wolf semi-autonomous cruise missiles in the year 2017.

The automated weapon system market is segmented on the basis of type, platform, payload, and region. On the basis of type, combat drone is widely used and is expected to account for the largest market share due to increased investments on the unmanned aerial vehicle front. On the basis of application, airborne segment is expected to witness the highest CAGR during the forecast period due to the emergence of combat and target drones. On the basis of platform, the semi-autonomous automated weapon system is expected to witness the highest CAGR due to increasing interference by humans to control and monitor the weapon system.

The market is segmented on the basis of region into North America, Asia Pacific, Europe, the Middle East & Africa, and South America. North America is expected to dominate the market due to rise in investments in sentry guns and radar guided missiles. Asia Pacific follows the North American region, in terms of market share, due to rise in border threats in the region, coupled with the growing military expenses by China, India, South Korea, and Japan. Thus, the global market is estimated to witness approximately 5% CAGR from 2018 to 2023.

Key Players

The key players in the global automated weapon system market are Northrop Grumman Corporation (U.S.), Lockheed Martin Corporation (U.S.), Israel Aerospace Industries Ltd. (Israel), Boston Dynamics (U.S.), Aerovironment, Inc. (U.S.), BAE Systems, Inc. (U.K), Turkish Aerospace Industries, Inc. (Turkey), General Dynamics Corporation (U.S.), Saab AB (Sweden), and Thales Group (France).

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Airport Interactive Kiosk Market : Global Major Key Players Research – Forecast to 2023

Market Scenario

An interactive kiosk is an automatic terminal installed at an airport that delivers information for entertainment, communication, and passenger ticket information. It comprises a touch-enabled monitor for user-friendly application. With the assistance of interactive kiosk at airports, service providers are able to provide service to a large number of passengers with less number of airport staff involved in the process. The interactive self-service kiosks simplify a wide range of operations, such as display directions on map, ticket and passenger information, and several others.

The market for airport interactive kiosk has experienced significant growth in the past few years, majorly due to the increasing need for operational efficiency in the management of airport activities. Airport kiosk, basically, contains inbuilt features that enable passengers to perform important tasks, one of them being the elimination of long queues of people at airports. The airport kiosk market will  grow due to the rapidly rising inclination towards self-service to ensure timely check-in at airports. Due to the growing demand for airport kiosk systems, there have been significant investments in this market by the key players, which is expected to gear up the growth of the airport interactive kiosk market during the forecast period.

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The constant improvements in numerous technologies, such as display and touch glass technology, are expected to drive the growth of the airport interactive kiosk market. The growing need for self-service in several applications for better customer feedback is expected to influence the growth of the airport interactive kiosk market. The need for self-service can be related to the growing needs for customer self-control and privacy. The use of interactive kiosks as an advertising platform is the major growth driver for this market. The user-friendly, compactness, and customized features are the key factors that are expected to drive the growth of the market in the coming years.

The interactive kiosks at airports are most likely to be used by passengers for check-in purposes and filing for migration, which is another major factor that is expected to drive the market demand for airport interactive kiosks. A major opening for this market lies in setting up of tele-kiosks with global positioning system technology.

Development of interactive kiosks has added several customized components, such as coin hoppers, bill acceptor, and card readers to perform a customized task. Moreover, there are innovations and add-ons in these systems, which lead to increasing the airport interactive kiosk market demand in the upcoming years. Combination of intelligent personal assistant & knowledge navigator technology in the airport kiosk system, such as Siri and Cortana, in the future may propel the opportunities for the airport interactive kiosk market growth. The spread of internet has resulted in a new application of kiosk as a knowledge terminal at airports. The increasing number of smartphones and tablets can make the use of interactive kiosk redundant, thus, hindering the airport interactive kiosk market growth. Moreover, the rise in telecom sector providing services, such as 3G and 4G LTE, may be the key challenges to the market. Cyberthreat security can also be a challenge to the airport interactive kiosk market growth in the next decade.

Numerous types of interactive kiosks are tele-kiosk, financial services kiosk, internet kiosk, photo kiosk, visitor management, ticketing kiosk, security kiosk, and information kiosk.

The North America airport interactive kiosk market is expected to show high growth due to increasing use of kiosk at airports and rising demand for all-purpose vending machine. The Asia Pacific market may also witness growth due to the quicker adoption of kiosk technology at smart airports. The Middle East & Africa market is anticipated to witness steady growth due to the heavy infrastructural expansion in Saudi Arabia.

The global airport interactive kiosk market is expected to witness a CAGR of more than 10% during the period from 2018 to 2023.

Key Players

The key players in Airport Interactive Kiosk market are Siemens AG (German), International Business Machines Corporation (U.S), Phoenix Kiosk, Inc. (U.S), KIOSK Information Systems Inc. (U.S), Advantech Co. Ltd. (Taiwan), Axon (U.S.), OBERON-ALPHA (Russia), March Limited (Bermuda), Safariland, LLC,(U.S.), and TBOTECH Safety & Security, LLC (U.S.).

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