Aerospace and Defense Coverage

Aerospace Materials Market Definition

Aerospace materials refer to various kinds of materials, frequently metal alloys or polymeric-based materials, used in aircraft manufacturing and in a variety of aerospace components due to their improved properties, such as high tensile strength, superior temperature tolerance, increased transparency and a hard surface. The aerospace materials market consists of sales, by entities (organizations, sole traders and partnerships), of aerospace materials that are used for aerospace purposes. These materials are chosen for their exceptional performance, strength, heat resistance and long-term reliability in the aerospace industry. They can be metal alloys or polymeric-based materials.

Aerospace Forging Market Definition

Aerospace forging is the process of shaping metal into parts that are stronger than an equivalent cast or machined part, utilizing compressive forces. The compressive forces used are generally delivered via pressing, pounding or squeezing under great pressure. The products manufactured by this process and used for aerospace applications are known as aerospace forgings. The aerospace forging market consists of sales of aerospace forged products by entities (organizations, sole traders and partnerships) that offer aerospace forged products. Forged parts vary in size, shape and sophistication and can be produced using nearly any metal. The most common metals used include carbon, alloy, tool and stainless steels, as well as aluminum, titanium, high-temperature super alloys, brass and copper.

Satellite-based earth observation refers to satellites orbiting around the Earth to view, observe, and identify environmental change, map making, and other applications. The process utilizes remote sensing techniques to collect information on the Earth's chemical, physical, and biological aspects. The main types of products included in satellite-based earth observation are earth observation (EO) data and value-added services. Earth Observation data (EO data) refers to the information gathered by satellites and other remote sensing platforms. The satellite orbits involved are low earth orbit, medium earth orbit, and geostationary orbit, with technologies included, such as optical and synthetic aperture radar. The types of payloads included are satellite communications (SATCOM), electro-optical or infra-red (EO or IO), communication, imaging, and navigation. These are used by several end-users, including defense and intelligence, infrastructure and engineering, agriculture, energy and power, and others. The global satellite-based earth observation market is segmented - 1) By Product Type: Earth Observation (EO) Data, Value Added Services 2) By Satellite Orbit: Low Earth Orbit, Medium Earth Orbit, Geostationary Orbit 3) By Technology: Optical, Synthetic Aperture Radar 4) By Payload Type: Satellite Communications (SATCOM), Electro-Optical Or Infra-Red (EO Or IR), Communication, Imaging, Navigation 5) By End-User: Defense And Intelligence, Infrastructure And Engineering, Agriculture, Energy And Power, Other End-Users The global satellite-based earth observation market is expected to grow from $5.63 billion in 2022 to $6.14 billion in 2023 at a compound annual growth rate (CAGR) of 9.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and resulted in increased interest rates affecting many markets across the globe. The satellite-based earth observation market is expected to reach $8.33 billion in 2027 at a CAGR of 7.9%. The increasing number of satellite launches is expected to propel the growth of the satellite-based earth observation market going forward. A satellite refers to a device launched into orbit around Earth or another celestial body for various purposes, including collecting information, navigation, and scientific research. Satellites are equipped with sensors to monitor and capture images of the Earth's surface for multiple uses, including weather forecasting and environmental and climate change monitoring. For instance, in March 2023, according to the United Nations Office for Outer Space Affairs, a US-based government agency, the number of objects launched into space increased from 1,810 in 2021 to 2,163 in 2022. Furthermore, in September 2022, according to the Government Accountability Office, a US-based independent and nonpartisan government agency, as of spring 2022, there were approximately 5,500 active satellites in orbit, and it is predicted that 58,000 more will be launched by 2030. Therefore, the increasing number of satellite launches is driving the growth of the satellite-based earth observation market. Major players in the satellite-based earth observation market are Raytheon Technologies Corporation, Lockheed Martin Corp., Airbus SE, BAE Systems Plc, Thales Group, L3Harris Technologies Inc., Israel Aerospace Industries Ltd., Viasat, Maxar Technologies Inc., MDA Corporation, Planet Labs Inc., Spire Global, BlackSky Global, Iceye, EOS Data Analytics, RS Metrics, D-Orbit, Descartes Labs, UrtheCast, Orbital Insight, GHGSat, Satellogic SA, GomSpace, SkyWatch Inc., Global Surface Intelligence Ltd., PlanetiQ Inc., GeoOptics Inc., ImageSat International N.V, Capella Space, and HawkEye 360. Technological advancements are a key trend gaining popularity in the satellite-based earth observation market. Major companies operating in the satellite-based earth observation market are focused on developing technically advanced solutions to sustain their position in the market. For instance, in November 2022, the Indian Space Research Organization (ISRO), an India-based national space agency, launched the Earth Observation Satellite-6 (EOS-6), the third-generation Indian satellite for monitoring the oceans. It contains three ocean observation sensors for the first time in this series: the Ku-Band scatterometer (SCAT-3), the Sea Surface Temperature Monitor (SSTM), and the Ocean Color Monitor (OCM-3). The advanced 13-channel OCM, which has a 1400 km swath and 360 m spatial resolution, will continuously monitor the planet's surface, and offer vital information on the distribution of ocean algae, which forms the base of the food chain in the marine ecosystem. With a high signal-to-noise ratio, the OCM-3 is anticipated to offer enhanced accuracy in daily phytoplankton monitoring with various operational and research applications, such as fishery resource management, ocean carbon uptake, dangerous algal bloom notifications, and climate studies. In May 2023, Advent International, a US-based private equity company, and British Columbia Investment Management Corporation (BCI), a Canada-based investment company, acquired Maxar Technologies Inc. for $6.4 billion. The acquisition will help Advent International and British Columbia Investment Management Corporation (BCI) expand their long-term growth and wealth creation. Maxar will continue to be controlled, owned, and run out of the United States. Maxar Technologies Inc. is a US-based space technology company that manufactures Earth observation satellites. North America was the largest region in the satellite-based earth observation market in 2022. The regions covered in satellite-based earth observation report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the satellite-based earth observation market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada. The satellite-based earth observation market includes revenues earned by entities by providing weather forecasting, environmental monitoring, urban planning, and disaster studies. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The satellite-based earth observation market research report is one of a series of new reports from The Business Research Company that provides satellite-based earth observation market statistics, including satellite-based earth observation industry global market size, regional shares, competitors with a satellite-based earth observation market share, detailed satellite-based earth observation market segments, market trends and opportunities, and any further data you may need to thrive in the satellite-based earth observation industry. This satellite-based earth observation market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

A military truck is a vehicle specifically designed and used by the military for transportation and logistics in military operations. They play a crucial role in transportation, logistics, and support operations, providing the military with the necessary mobility and capability to carry out their missions effectively. The main types of military trucks are light, medium, and heavy. Lights trucks are those with a gross vehicle weight rating (GVWR) under 8,500 pounds. The various propulsions are diesel, gasoline, and electric or hybrid with automatic, semi-automatic, and manual transmissions. The various applications are cargo logistics, troops transport, and others. The global military truck market is segmented - 1) By Truck Type: Light, Medium, Heavy 2) By Propulsion: Diesel, Gasoline, Electric Or Hybrid 3) By Transmission Type: Automatic, Semi-Automatic, Manual 4) By Application: Cargo Logistics, Troops Transport, Other Applications The global military truck market is expected to grow from $23.18 billion in 2022 to $24.18 billion in 2023 at a compound annual growth rate (CAGR) of 4.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and resulted in increased interest rates affecting many markets across the globe. The military truck market is expected to reach $28.1 billion in 2027 at a CAGR of 3.9%. Growing military spending is expected to propel the growth of the military truck market going forward. Military spending describes the amount of money a country spends on building and sustaining its armed forces or other defense-related activities. As military spending increases, there is often a corresponding increase in demand for military equipment, including military trucks. For instance, in April 2022, according to the Stockholm International Peace Research Institute, a Sweden-based research organization, in 2021, the global military expenditure was $2113 billion, exceeding the two trillion US dollar threshold, and 2021 saw a 0.7% increase in global spending over 2020. Further, the US had the highest military expenditure, with $801 billion in 2021. Therefore, growing military spending is driving the growth of the military truck market. Major players in the military truck market are Mercedes-Benz Group AG, Ford Motor Company, Lockheed Martin Corporation, Volvo Defense AB, ZF Friedrichshafen AG, General Dynamics Corporation, Mitsubishi Heavy Industries Ltd., PACCAR Inc., BAE Systems, Thales Group, IVECO S.p.A., Hino Motors Ltd., Oshkosh Corporation, Rheinmetall AG, Ashok Leyland Ltd., Tata Motors Limited, Renault Trucks, Krauss-Maffei Wegmann GmbH & Co. KG, Mack Trucks Inc., Scania AB, AM General LLC, Arquus Co, ACMAT Corporation, TATRA TRUCKS AS, Astra Veicoli Industriali S.p.A., and GM Defense LLC. Product innovations are a key trend gaining popularity in the military truck market. Major companies operating in the military truck market are adopting new technologies to sustain their position in the market. For instance, in June 2022, General Dynamics European Land Systems, a Spain-based manufacturer of military vehicles, launched the DURO-e, the first all-electric all-terrain 4x4 vehicle. DURO-e is an acronym for durable and robust. These include a digital vehicle architecture, a variable powertrain that can use a diesel engine from EURO 3 up to EURO 6, a pure electric powertrain in battery-electric or fuel cell electric version, silent drive, boost, and extended silent watch capabilities, CO2 neutral and economical operation for daily military services, a low heat and noise signature, high energy efficiency, and a self-sufficient energy supply. These features make the DURO-e a versatile and efficient military truck that can be used for various purposes, including transportation, logistics, and support operations. In May 2022, Allied Motion Technologies Inc., a US-based developer of advanced motion control products and systems, acquired FPH Group Inc. for an undisclosed amount. This acquisition is an excellent strategic fit for Allied, giving the company more access to defense applications and the appropriate manufacturing certifications and licenses. FPH Group Inc. is a UK-based company specializing in military vehicle design and developing advanced engineered products and systems. North America was the largest region in the military truck market in 2022. North America is expected to be the fastest-growing region in the forecast period. The regions covered in military truck market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the military truck market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada. The military truck market consists of sales of armored personnel carriers (APCs), stryker, amphibious assault vehicle, expeditionary fighting vehicle, heavy equipment transport system, and family of medium tactical vehicles (FMTV). Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The military trucks market research report is one of a series of new reports from The Business Research Company that provides military trucks market statistics, including military trucks industry global market size, regional shares, competitors with a military trucks market share, detailed military trucks market segments, market trends and opportunities, and any further data you may need to thrive in the military trucks industry. This military trucks market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

155mm ammunition refers to large-sized ammunition that is used in howitzer systems and is packed with explosive material to pierce armor. It is a widely used caliber for artillery systems in many countries for warfare in different terrains to strike targets at greater distances and cause massive damage to the target. The main types of technologies included in 155mm ammunition are guided and unguided. Guided ammunition refers to projectiles or munitions that are equipped with guidance systems to enhance their accuracy and precision in reaching their intended targets. These are used for various applications, including projectiles, propellants, tanks, and others, and are used by several end users, such as naval forces and ground forces. The global 155mm ammunition market is segmented - 1) By Technology: Guided, Unguided 2) By Application: Projectiles, Propellants, Tanks, Other Applications 3) By End User: Naval Forces, Ground Forces The global 155mm ammunition market is expected to grow from $3.43 billion in 2022 to $3.52 billion in 2023 at a compound annual growth rate (CAGR) of 3.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and resulted in increased interest rates affecting many markets across the globe. The 155mm ammunition market is expected to reach $4.05 billion in 2027 at a CAGR of 3.5%. Rising terrorist activities around the world is expected to propel the growth of the 155mm ammunition market going forward. Terrorist activity refers to actions carried out by individuals, groups, or organizations to cause fear, panic, and harm to civilians, governments, or societies for political, ideological, religious, or social purposes. Increasing terrorist activities increase the need for better, lethal weapons and stronger forces, where 155mm ammunition can be useful for security forces to combat terrorism and cause the destruction of terrorist sites. For instance, in March 2022, according to ReliefWeb, a US-based humanitarian information portal of the United Nations, the total number of terrorist attacks in 2021 increased by 17% to reach 5,226 as compared to 2020 globally. The country with the biggest increase in terrorist attacks was Myanmar, where the number of fatalities increased by a factor of 23 from 24 to 521. Niger followed, with a rise in fatalities of 257 from 2020 to 588 in 2021. Therefore, rising terrorist activities is driving the growth of the 155 mm ammunition market. Major players in the 155mm ammunition market are Raytheon Technologies Inc., General Dynamics Corporation, Northrop Grumman Corporation, BAE Systems PLC, China North Industries Corporation, Thales Group, Leonardo S.p.A., Olin Corporation, Rheinmetall AG, Elbit Systems Ltd., Saab AB, Norma Precision AB, Remington Arms Company LLC, Nammo AS, Denel SOC Ltd., Nexter Group, Fiocchi Munizioni SPA, Ammo Inc., RUAG Holding AG, Munitions India Ltd., Savage Arms, Hornady Manufacturing Company, MSM Group s.r.o., Federal Premium Ammunition, Winchester Ammunition Inc., Magtech Ammunition Company Inc., Poongsan Corporation, and JSC Arsenal AD. The development of new propellants is a key trend gaining popularity in the 155mm ammunition market. Major companies in the 155mm ammunition market are introducing innovative propellant designs to sustain their position in the market. For instance, in September 2022, Rheinmetall, a Germany-based arms manufacturer, launched its latest L58 extended-range artillery propellant charge technology. The new technology increases the firing range by 10% as compared to previous artillery propellants previously used by armies and is capable of increasing the entirety of the operational temperature profile, including in ambient scenarios. It was developed by conducting R&D on the L39 and L52 versions of the 155mm extended range charge. In November 2022, Rheinmetall AG, a Germany-based arms manufacturer, acquired Expal Systems for $1.31 billion (€1.2 billion). The acquisition bolstered the core weapon, ammunition, and propellant operations of Rheinmetall and enriched its production and distribution capabilities to serve a larger customer base. Expal Systems SA is a Spain-based manufacturer of 105 mm and 155 mm field artillery ammunition. Asia-Pacific was the largest region in the 155mm ammunition market in 2022. It is expected to be the fastest-growing region in the forecast period. The regions covered in this report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the 155mm ammunition market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada. The 155 mm ammunition market consists of sales of bursting 155 mm projectiles, cargo-carrying 155mm projectiles, cargo-carrying 155mm projectiles, and smart/guided 155mm projectiles. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The 155mm ammunition market research report is one of a series of new reports from The Business Research Company that provides 155mm ammunition market statistics, including 155mm ammunition industry global market size, regional shares, competitors with a 155mm ammunition market share, detailed 155mm ammunition market segments, market trends and opportunities, and any further data you may need to thrive in the 155mm ammunition industry. This 155mm ammunition market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

Airside services refer to the range of activities and support services provided at an airport on the airside, which is the area accessible only to aircraft, authorized personnel, and vehicles involved in aircraft operations that pass through strict security checking under aviation rules. These services ensure safe and efficient aircraft operations and support ground staff for improved aircraft turnaround. The main types of airside service platforms include hardware, software, and services. Hardware refers to the physical components or devices that make up a computer system or electronic device, and it is used in airside services for runway lighting and signage systems to provide visual guidance and safety during aircraft operations, such as runway edge lights, threshold lights, taxiway lights, and approach lighting systems. The various services include ramp handling, ground handling, aircraft maintenance, fuel and oil handling, traffic control, and others, which are used in different airport classes, such as class A, class B, class C, and class D, that are applied in commercial airports and military airports. The global airside services market is segmented - 1) By Platform: Hardware, Software, Services 2) By Service: Ramp Handling, Ground Handling, Aircraft Maintenance, Fuel And Oil Handling, Traffic Control, Other Services 3) By Airport Class: Class A, Class B, Class C, Class D 4) By Application: Commercial Airports, Military Airports The global airside services market is expected to grow from $4.04 billion in 2022 to $4.47 billion in 2023 at a compound annual growth rate (CAGR) of 10.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and resulted in increased interest rates affecting many markets across the globe. The airside services market is expected to reach $6.55 billion in 2027 at a CAGR of 10.0%. The growth of the commercial aviation industry is expected to propel the growth of the airside services market going forward. Commercial aviation refers to the aviation industry sector that involves the operation of aircraft for commercial purposes, primarily for transporting passengers and cargo in exchange for monetary compensation. Airside services are crucial for the smooth functioning of commercial aviation, which ensures the safety, efficiency, and timely operation of aircraft, supporting the overall passenger and cargo transportation process at the airport's ground level. For instance, in March 2023, according to the Bureau of Transportation Statistics report, a US-based government agency, in 2022, US airlines transported 194 million more passengers than in 2021, a 30% increase yearly. Further, from January to December 2022, US airlines handled 853 million passengers (unadjusted), up from 658 million in 2021 and 388 million in 2020. Therefore, the growth of the commercial aviation industry is driving the growth of the airside services market. Major players in the airside services market are United Aviation Services, Honeywell International Inc., Aeromexico Servicios, Collins Aerospace, Acciona S.A., Worldwide Flight Services (WFS), Dnata, Aviapartner Holding NV, BBA Aviation plc, Singapore Airport Terminal Services Ltd, DAL Global Services LLC, Menzies Aviation Limited, John Menzies Plc., SATS Ltd., PrimeFlight Aviation Services, Flughafen München GmbH, Saudi Ground Services Company, NAS Airport Services Limited, Celebi Aviation Holding, Aviator Airport Alliance AB, Sky Handling Partner, JetEx Flight Support, Aircraft Service International Group Inc., Transworld Aviation FZE, Universal Aviation Corporation, SAS Ground Handling, Aloha Group, Alitalia Airlines, Servisair, and Aero Ground Handling (AGH). Advancements in technology are a key trend gaining popularity in the airside services market. Major companies operating in the airside services market are adopting new technologies to sustain their position in the market. For instance, in May 2023, Honeywell International Inc., a US-based technology and manufacturing company, launched an updated suite of airside solutions, including the NAVITAS Smart Visual Docking system and integrated ramp management system. Combining an integrated ramp management system and cyber-secure airfield solutions improves arrival preparedness, docking process support, turnaround, and departure management. A smart visual docking system enables more precise and informed gate operation decision-making. These solutions aid in optimizing gate operations and improving situational awareness for pilots and airside operations teams, leading to shorter aircraft turnaround times. In August 2022, Alliance Ground International, a US-based airline cargo handling services company, acquired Airport Terminal Services (ATS) for an undisclosed amount. Through this acquisition, Airport Terminal Services (ATS) will enable Alliance Ground International to expand its footprint in the industry's airport terminal and passenger side. Airport Terminal Services (ATS) is a US-based company providing airside services. North America was the largest region in the airside services market in 2022. Asia-Pacific is expected to be the fastest growing region in the forecast period. The regions covered in the airside services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the airside services market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada. The airside services market consists of revenues earned by entities by maintaining roadways and taxiways, responding to airfield incidents and emergencies, wildlife management, inspecting taxation and runways, managing aircraft parking, and aircraft escort allocation. The market value includes the value of related goods sold by the service provider or included within the service offering. The airside services market also includes sales of lights, connectors, cabling, sensors, and computer hardware which are used in providing airside services. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The airside services market research report is one of a series of new reports from The Business Research Company that provides airside services market statistics, including airside services industry global market size, regional shares, competitors with an airside services market share, detailed airside services market segments, market trends and opportunities, and any further data you may need to thrive in the airside services industry. This airside services market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

Unmanned traffic management (UTM) refers to a system designed to manage the integration of unmanned aircraft systems (UAS), commonly known as drones, into the airspace. These systems provide a framework that allows for drones' safe and scalable integration into existing airspace while accommodating diverse operations and applications. The main types of unmanned traffic management are persistent and non-persistent unmanned traffic management. Persistent unmanned traffic management refers to a traffic management system that provides traffic coverage continuously without any breaks. These systems are used for proper traffic management. The components include hardware, software, and services that are used for various applications such as aviation, homeland security, agriculture, logistics and transportation, and others. The global unmanned traffic management market is segmented - 1) By Type: Persistent, Non-Persistent 2) By Component: Hardware, Software, Services 3) By Application: Aviation, Homeland Security, Agriculture, Logistics And Transportation, Other Applications The global unmanned traffic management market is expected to grow from $1.08 billion in 2022 to $1.32 billion in 2023 at a compound annual growth rate (CAGR) of 21.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and resulted in increased interest rates affecting many markets across the globe. The unmanned traffic management market is expected to reach $2.85 billion in 2027 at a CAGR of 21.3%. Increasing drone activities are expected to propel the growth of the unmanned traffic management market going forward. Drones are remotely piloted aircraft or autonomous systems that can fly without a human onboard. The increasing number of drone activities increases air traffic, which can be managed using unmanned traffic management systems. For instance, in March 2023, according to Flytrex, an Israel-based drone delivery start-up, Flytrex completed over 21,350 drone deliveries, which was a seven-fold increase as compared to 2021, resulting drone service user base increased by 765% during 2021–2022. Therefore, increased drone activity is driving the unmanned traffic management market. Major players in the unmanned traffic management market are Droniq GmbH, Raytheon Company, Lockheed Martin Corporation, Northrop Grumman Corporation, Honeywell International Inc., DJI Technology Co. Ltd., Thales Group, L3 Harris Technologies, Harris Corporation, Leonardo S.P.A., Collins Aerospace, Saab AB, Indra Sistemas S.A., Cubic Corporation, Frequentis AG, Skye Air Limited, DroneUP LLC, Nova Systems LLC, General Electric Company, Airbus SE, Intelligent Automation (IAI), Dedrone, Terra Drone Corporation, PrecisionHawk Inc., Altitude Angle Limited, Unifly NV, Aeronyde Corporation, AirMap Inc., and Airware. Advancements in unmanned traffic management are a key trend gaining popularity in the unmanned traffic management market. Major companies operating in the market are developing advanced unmanned traffic management systems to sustain their position in the market. For instance, in May 2020, Droniq, a Germany-based aviation consulting company, launched its unmanned aircraft systems (UAS) traffic management system in Germany. The new system leverages LTE (long-term evolution) technology to transmit the drone's position to the traffic management system. It also has a feature to receive the position of surrounding air traffic and look for live system displays. In December 2021, DroneUP LLC, a US-based drone flight services company, acquired AirMap Inc. for an undisclosed amount. The acquisition added AirMap’s unmanned traffic management platform to DroneUp’s portfolio and helped its plans to provide drone delivery services to Walmart and other clients. AirMap is a US-based company providing airspace services platform for unmanned aircraft, including unmanned traffic management software. North America was the largest region in the unmanned traffic management market in 2022. The regions covered in unmanned traffic management report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the unmanned traffic management market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada. The unmanned traffic management market consists of revenues earned by entities by providing traffic synchronization, traffic monitoring and surveillance, communication, and information sharing, traffic flow management, conflict resolution and collision avoidance, regulatory compliance, and authorization. The market value includes the value of related goods sold by the service provider or included within the service offering. The unmanned traffic management market also includes the sales of communication equipment, navigation equipment, ground control stations, and drones. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The unmanned traffic management market research report is one of a series of new reports from The Business Research Company that provides unmanned traffic management market statistics, including unmanned traffic management industry global market size, regional shares, competitors with unmanned traffic management market share, detailed unmanned traffic management market segments, market trends, and opportunities, and any further data you may need to thrive in the unmanned traffic management industry. This unmanned traffic management market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

Military tents and shelters refer to specialized structures and equipment used by military personnel for temporary accommodation, protection, and operational purposes. These tents and shelters are designed to withstand harsh weather conditions, provide security, and offer functional spaces for various military operations. The main product types of military tents and shelters are rigid and non-rigid. Non-rigid refers to military tents and shelters, also known as soft shelters, which are constructed using flexible materials such as fabric membranes. They are manufactured using materials such as polymer fabric, nylon, and composite in different sizes, including small, medium, and large, and are used in various applications such as accommodations and operations, repair and maintenance, storage, medical facilities, and others. The global military tent and shelter market is segmented - 1) By Product Type: Rigid, Non-Rigid 2) By Material: Polymer Fabric, Nylon, Composite 3) By Size: Small, Medium, Large 4) By Application Type: Accommodations And Operations, Repair And Maintenance, Storage, Medical Facilities, Other Applications The global military tent and shelter market is expected to grow from $1.10 billion in 2022 to $1.12 billion in 2023 at a compound annual growth rate (CAGR) of 1.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The military tent and shelter market is expected to reach $1.21 billion in 2027 at a CAGR of 1.7%. The rising military expenditure is expected to propel the growth of the military tent and shelter market going forward. Military expenditure refers to the amount of money spent on sustaining an armed force or other types of defenses, which is known as a military expenditure plan (or military expense) and is included in a country's defense budget. Tents are ideal for temporary housing for military forces operating in an active-field scenario. For instance, in March 2023, according to United States Air Force (USAF), a US-based agency for the United States Department of the Air Force, stated that the Air Force's fiscal year (FY) 2024 budget request is roughly $215.1 billion, a $9.3 billion or 4.5% increase over 2023. Therefore, the rising military expenditure drives the market for military tents and shelters. Major players in the military tent and shelter market are General Dynamics Mission Systems Inc., AAR Corp., Losberger GmbH, Berghaus Ltd., HDT Global Inc., Guangzhou Barry Industrial Co. Ltd., HTS tentiQ, Marshall Land Systems Ltd., Exxel Outdoors LLC, Super Structures Worldwide, Veldeman Group, Alpkit Limited, Camel Manufacturing Company, DHS Systems International, General Technology Corp., Eureka Military Tents, Oase Outdoors ApS, Coleman’s Military Surplus LLC, Heimplanet Entwicklungs GmbH, Bike Track Inc., AMG-Group, Zeppelin Mobile Systeme GmbH, SIAG OMC, TAM AS, and U.S. Military Tents. Product innovations are a key trend gaining popularity in the military tent and shelter market. Major companies operating in the military tent and shelter market are focused on developing innovative products across geographies to strengthen their position in the market. For instance, in July 2023, Rekord Structures, a Canada-based company specializing in innovative fabric structures such as tents and shelters, introduced its large-scale, customizable, ready-to-use structures to the United States. Rekord Structures' new durable military shelter tents serve as versatile command centers, conference rooms, storage facilities, dining halls, and more. Their structures surpass rigorous military guidelines, offering weather resistance, comfort, and rapid deployment capabilities for disaster relief organizations. In June 2022, UTS Systems LLC, a US-based provider of military tent and shelter systems, acquired Dynovis Inc. for an undisclosed amount. Through this acquisition, UTS aims to achieve full integration and enhance its capabilities as a tactical shelter and deployable equipment business, strengthening its foundation for future growth. Dynovis Inc. is a US-based engineering and manufacturing company specializing in military shelters. North America was the largest region in the military tent and shelter market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in military tent and shelter market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the military tent and shelter market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada. The military tent and shelter market consists of sales of combat tents, soldier crew tents, and modular general-purpose tent systems. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The military tent and shelter market research report is one of a series of new reports from The Business Research Company that provides military tent and shelter market statistics, including the military tent and shelter industry's global market size, regional shares, competitors with a military tent and shelter market share, detailed military tent and shelter market segments, market trends, and opportunities, and any further data you may need to thrive in the military tent and shelter industry. This military tent and shelter market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.