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.
The software-defined satellite market analysis by BIS Research projects the market to grow at a significant CAGR of 14.81% by value and 14.85% by volume, during the forecast period from 2019 to 2030.
The Global Unmanned Ground Vehicle Market report by BIS Research projects the market to grow at a significant CAGR of 19.26% on the basis of value during the forecast period from 2019 to 2024.
The Counter-UAS Industry Analysis by BIS Research projects the market to grow at a significant CAGR of 16.83% on the basis of value during the forecast period from 2019 to 2024.
The collaborative robot industry analysis by BIS Research projects the market to grow at a significant CAGR of 60.85% on the basis of volume during the forecast period from 2019 to 2024.
The small satellite market analysis by BIS Research projects the market to grow at a significant CAGR of 14.15% by value and 14.28% by volume, during the forecast period from 2019 to 2030.
The Undersea Warfare Systems Industry Analysis by BIS Research projects the market to grow at a significant CAGR of 6.92% during the forecast period of 2019 to 2024.
The global large caliber ammunition industry analysis done by BIS Research highlights that the market reported a revenue of $5.11 billion in 2018 and is expected to witness a CAGR of 4.07%, during the forecast period 2018-2023.
The global remote drone identification industry growth based on the analysis conducted by BIS Research highlights that the market is expected to reach $1.25 Billion by 2029. The market is expected to witness a significant growth during the forecast period from 2021 to 2029.
The global space electronics industry analysis by BIS Research highlights that the market generated $1.27 billion in 2018 and is expected to grow at a CAGR of 5.22% during 2019-2024.
According to BIS Research analysis, the global UAV market generated $25.59 billion in 2018 and is estimated to grow at a CAGR of 8.45% during the forecast period, 2019-2029.
According to BIS Research analysis, the global urban air mobility market is expected to generate $5.32 billion in 2023 and is estimated to grow at a CAGR of 26.2% during 2023-2035.
By 2030, it is expected that approximately 14.2 million drones would be in the airspace. Moreover, assuming $200 are to be charged per connection, the market size is expected to reach around $2.83 billion.
According to BIS Research analysis, the global earth observation satellite, data and service market generated $7.17 billion in 2018 and is estimated to grow at a CAGR of 9.10% during 2018-2023.
According to BIS Research analysis, the global cognitive electronic warfare system market is expected to report a revenue of $385.7 million in 2023 and is estimated to cross $928.4 million by 2028, at a CAGR of 19.20% during the forecast period, 2023-2028.
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.
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 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.
According to BIS Research analysis, the global drone data services and analytics market generated $3,054.9 million in 2017, and the market is estimated to grow at a CAGR of 53.9% during 2018-2023.
In 2017, the collaborative robot market accounted for a market value of $283.7 million which is anticipated to grow with 63.95% CAGR from 2018 to 2023.
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.
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 demand for sense and avoid systems used in UAVs is rapidly increasing among different applications across the globe. The market is driven by number of factors such as rise in the demand of autonomous drone for beyond visual line of sight operations. The UAVs equipped with sense and avoid systems are increasingly being adopted in commercial as well as non-commercial applications.
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 demand for light weapons is swiftly increasing among different end-users across the globe. The market is driven by several factors, such as increasing terrorist incidents, rising instability in Middle-East and Africa, and military modernization programs, among others.The light weapons market accounted for a market value of $10.21 billion in 2016, with military end-user holding the highest share.
A drone camera can be defined as a camera specifically designed to be mounted on a drone for capturing photos/videos in a particular operation. Drones equipped with cameras are increasingly being adopted across commercial, military and homeland security end-users.
The global undersea warfare systems market is expected to reach over $11,393.6 million by 2021. Owing to the rising defense spending to strengthen the country’s military capabilities for encountering any kind of enemy attacks, including the threats from underwater attacks, the global undersea warfare systems market is expected to grow significantly at a CAGR of 6.6% during the forecast period 2017-2021.
The demand for UAVs is swiftly increasing among different end-users across the globe. The market is driven by number of factors such as rise in their demand across commercial and non-commercial end-users, various consumer-centric technological developments and declining prices, among others.The UAV market accounted for a market value of $8.02 billion in 2016 with small UAVs holding the highest share.
The UAS Traffic Management (UTM) system is an upcoming phenomenon that is envisioned for managing drones (mainly small drones) traffic in the lower level of airspace. The UAS traffic management system or UTM system is envisaged to be a system of several subsystems which will work together to provide an end-to-end service.
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 global airborne detection systems for submarines market is expected to reach $1,157.6 million by 2026. Owing to the increasing demand for submarines as well as development of advanced airborne detection systems, the market of global airborne detection systems for submarines is expected to show moderate growth rate and is estimated to grow at the CAGR of 7.5% during 2016-2026.
The beacons technology market will take couple of years to reach its full market potential and commercialization. Currently, beacons are defendant on Bluetooth enabled mobile devices with compatible software application. The effective realization of beacons technology platform involves creative concepts and resources for developing interactive applications.
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 demand for C4ISR systems is rapidly gaining traction among defense forces across the globe. The key factors that largely supplement the growth of C4ISR systems market include improved situational awareness, increase in the demand of advanced mobile command systems, and rise in the allocation of defense budget for the development of advanced electronic systems in prominent countries.
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.
Military satellites have gained significance due to the rise in terrorist attacks and unconventional warfare. MUOS is the U.S.’s next generation communication satellite constellation. It has been primarily developed by Lockheed Martin for the U.S. military forces to provide improved and secured communication capabilities.
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 UAV propulsion systems is rapidly gaining pace in the aerospace and defense industry owing to the flourishing level of future demand for unmanned aerial vehicles. The rising demand from defense and commercial applications are the major factors responsible for enhancing the growth of UAV propulsion system market, globally.
The global fixed-wing VTOL aircraft market reported a revenue of $1,982.5 million in 2016. Commercial segment is expected to account for the highest revenue by the forecast year, 2026. Military segment is likely to grow at the highest rate owing to its increasing usage in the Inspection, Surveillance and Reconnaissance (ISR) applications.
The global nano drones market reported a revenue of $ 284.45 million in 2016. Military/law enforcement segment is expected to account for the highest revenue by forecast year of 2023. Consumer segment is likely to grow at a highest rate owing to its increasing use in the aerial photography and recreational activities.
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.
In terms of growth, unmanned ground vehicle market is growing with leading players introducing latest products into the market. The major factor influencing the development is increase in operational efficiency and flexibility, reduced human intervention, among others. This will led to the growth of the global unmanned ground vehicle market which it is expected to reach $9.06 billion by 2023.
The global multi-rotor drone market reported a revenue of $1,254.82 million in 2016 with aerial shooting segment accommodating for the highest revenue by 2022. Survey and mapping segment is likely to grow at a highest rate owing to its increasing use in the construction, Geographic Information System (GIS) and others.
The UUV market reported a revenue of $2,652.62 million in 2016 with the remotely operated vehicles segment accommodating for the highest revenue by 2021.
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.
The composite material market for unmanned systems reported a revenue of $1.24 billion in 2015 with carbon fiber segment accommodating for the highest revenue by 2021.
In terms of value, the commercial small caliber ammunition market was estimated to generate $5.25 billion globally, in the year 2015. The small caliber commercial small caliber ammunition market is anticipated to grow further, owing to the rise in procurement of ammunition for hunting, shooting activities, and self-defense ammunition; particularly by the female populace.
Global small arms market is a well-established industry with a few reputed players. But with the waning geopolitical situation fraught with sectarian wars in the Middle East, political instability and local armed insurgencies, the demand for small arms is set to grow rapidly in the coming years. The global small arms market is expected to reach $5695.86 million by 2022.
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.
In terms of revenue generation, the UAV sense and avoid systems market is dominated by North America, with a CAGR of 10.48% in the forecast period and with Europe being the second most revenue generating region.
According to BIS Research Analysis, the anti-drone market is estimated to be at $209.77 million in 2016. The high growth of anti-drone market in aerospace and defense industry is majorly attributed to increasing security breach by unidentified drones.
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.
An increase in the demand for unmanned aerial vehicles is a major factor attributing to the overall growth of UAV propulsion market since over a decade. It is estimated that the propulsion systems market was $2702.25 million in 2015.
UAVs are an important part of a country’s military nowadays, owing to their proliferated usage in combat and surveillance applications. Governments across the globe are procuring this technology in order to further strengthen their military powers.
Global small caliber ammunition is a billion dollar industry which is expected to reach $4.05 Billion in 2022 at a double digit CAGR from 2016-2022. The key drivers for this market include increase in defense spending for military modernization programs in developing economies, high rate of participation in hunting & sport activities, growing number of female shooters and rise in demand from private end-users for personal security.
The global Unmanned Aerial Vehicle (UAV) market has witnessed a meteoric growth over the past decade. Military UAVs are considered a key component and an integral part of a country’s defense system. The commercial UAVs have witnessed a huge transformation after the exemptions from Federal Aviation Administration (FAA) regulations. Major companies in the UAV market are targeting customers by introducing new and improved applications.
https://www.gii.co.jp/seminar/bis201911/
When: 19 Nov - 19 Nov, 2019
Where: Otemachi First Square Conference, 1-5-1 Otema
Representative- Global Information, Inc. (GII) Type of Engagement- Speaker
