Aerospace & Defense

The global aerospace & defense sector is experiencing major fundamental changes, compelled by macro level factors that are influencing the business as a whole. Issues such as technological disruptions, globalization, consolidation, and rising pricing pressures are prompting the industry stakeholders to adapt to the changing scenario rapidly and seek new opportunities to stay ahead of the competition.

BIS Aerospace & Defense understands the changing dynamics of the market and continuously keeps track of the latest advancements taking place in the aerospace & defense industry. We offer insightful market intelligence reports covering a wide range of sectors including Satellites, Launch Vehicles, Arms & Ammunition, Aircraft Systems and Technologies in Military market. The reports provide in-depth access for understanding new emerging technology trends, market data forecasts, and other critical insights, to help clients with the strategic decision makings.

Additionally, you will also find our reports in the Robotics and Unmanned Aerial Vehicles (UAV) category of interest to you.

To Know more about Aerospace & Defense Practice Contact Us Or email us [email protected]

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Global Space Propulsion System Market: Focus on Application, Type, and End-User - Analysis and Forecast, 2018-2023

According to BIS Research analysis, the global space propulsion system market generated $5.63 billion in 2018 and is estimated to grow at a CAGR of 13.06% during 2018-2023.

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Aerospace & Defense

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According to BIS Research analysis, the global space propulsion system market generated $5.63 billion in 2018 and is estimated to grow at a CAGR of 13.06% during 2018-2023.

According to BIS Research analysis, the global radiation hardened electronics market generated $1.45 billion in 2018 and is estimated to grow at a CAGR of 3.34%, during 2018-2023.

According to BIS Research analysis, the global small arms market generated $8.37 billion in 2018 and is estimated to grow at a CAGR of 3.51%, during 2018-2023.

The global launch system payload market recorded 390 satellite launches in 2017, with more number of small satellite launches in the forecast period.

According to BIS Research analysis, the global small caliber ammunition market generated $7.37 billion in 2018 and is estimated to grow at a CAGR of 3.19% during the forecast period 2018-2023.

According to BIS Research analysis, the global sports gun market generated $1.91 billion in 2017 and is estimated to grow at a CAGR of 3.22%, during 2018-2023.

According to BIS Research analysis, the global small launch vehicle market generated $341.2 million in 2017 and is estimated to grow at a CAGR of 30.51% during 2018-2028.

According to BIS Research analysis, the global nano satellite market generated $143.7 million in 2017 and is estimated to grow at a CAGR of 13.43% during 2018-2023.

According to BIS Research analysis, the global swarm intelligence market generated $10.5 million in 2017 and is estimated to grow at a CAGR of 37.49% during 2018-2028.

According to BIS Research analysis, the global satellite M2M and IoT network market generated $617.3 million in 2017 and is estimated to grow at a CAGR of 32.58% during 2018-2023.

According to BIS Research analysis, the global free space optics communication technology market generated $229.2 million in 2017 and is estimated to grow at a CAGR of 33.49% during 2018-2023.

The arms and ammunition market in Peru is anticipated to generate a revenue of $9.1 million by 2022. The demand for arms and ammunition is majorly attributed to the growing demand for weapons by civilians for self defense.

The arms and ammunition market in Chile is anticipated to generate a revenue of $18.9 million by 2022.

The arms and ammunition market in Paraguay is anticipated to generate a revenue of $19 million by 2022. The demand is majorly attributed to come from the tourism industry for hunting and shooting sports applications.

Global high-throughput satellite market (capacity revenue) generated a revenue of $3,466 million in 2017, with broadband application holding the highest share.

The arms and ammunition market in Argentina is anticipated to generate a revenue of $23.5 million by 2022. The demand for arms and ammunition is majorly attributed to the growing interest for arms and ammunition from the tourism industry for hunting and shooting sports applications.

The arms and ammunition market in Colombia is anticipated to generate a revenue of $46.82 million by 2022.

The HAAPS market generated a revenue of $3,756.8 million in 2017, with military end-user holding the highest share.

The CubeSat market reported a revenue of $363.8 million in 2017, and the commercial end user is expected to generate the highest revenue by 2022.

According to BIS Research analysis, the global fixed-wing VTOL aircraft market generated $2,009.6 million in 2017 and is estimated to grow at a CAGR of 21.7% during 2018-2028.

The airborne LiDAR system market reported a revenue of $732.4 million in 2016, and the UAV platform is expected to generate the highest revenue by 2021.

The small satellites market reported a revenue of $2,528.1 million in 2016, and the government end user is expected to generate the highest revenue by 2021.

The size of medium-caliber rounds ranges from 20mm to 57mm calibers. Out of all the caliber types, 20mm caliber generated most of the revenue in 2016, whereas, 40mm caliber type is expected to grow at the highest CAGR during 2017-2021.

The market of AIP systems is expected to show robust growth due to increasing need for safe and secure underwater military operations and demand for submarine modernization plans by the naval forces.

The small launch vehicle market is witnessing a high growth rate owing to increase in deployment of small satellites for commercial end users, surge in demand for small satellite constellations, and significant increase in investment of large space organization in developing small launch vehicles.

The demand for nano satellites is globally expected to increase during the forecast period due to advancements in satellite miniaturization, increasing capability of electronic technology, and ascending demand for small satellite constellations.

The main landing gear will encompass for the largest market revenue share in 2016 and is expected to grow at a faster rate during the forecast period. With the evolution in new technologies, advanced materials have been procured so as to reduce the fuel consumption using lightweight components.

In terms of value, the small caliber hunting and shooting ammunition market is estimated to generate $5.05 billion in the year 2015. This market is anticipated to grow further in the upcoming years due to the rise in ammunition procurement for hunting and shooting activities.

The directed energy weapons market is estimated to capture a market value of $5.81 billion in 2015 with laser technology segment comprising of the highest share.

The military GNSS anti-jamming solution market is estimated at $xx.xx billion in 2016, which is expected to reach a value of $4.80 billion by 2022, registering a CAGR of 6.47% during the forecast period.

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