Iliyas Nadaf

264

The global regenerative medicine market share (2022-2027) research report represents a detailed overview of the current market situation and forecast till 2027. The study perhaps a perfect mixture of qualitative and quantitative information highlighting key market developments, challenges, competition industry face alongside gap analysis and new opportunities available and trend within the Regenerative Medicine Market . Further, this report gives Regenerative Medicine Market, recent trends, growth, share, development status, government policy, market dynamics, cost structure, and competitive landscape. The research report also includes the present market and its growth potentials in the given period of forecast. An exhaustive and professional study of the global Regenerative Medicine Market report has been completed by industry professionals and presented in the most particular manner to present only the details that matter the most. The report mainly focuses on the most dynamic information of the global market.
Market Analysis and Insights: Global Regenerative Medicine Market
With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Regenerative Medicine Market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Regenerative Medicine Market in terms of revenue.
Regenerative Medicine Market 2022 delivers a comprehensive overview of the crucial elements of the industry and elements such as drivers, restraints, current trends of the past and present times, supervisory scenario, and technological growth. The report also focuses on global major leading industry players of global Regenerative Medicine Market providing information such as company profiles, product picture and specification, capacity, production, price, cost, revenue and contact information. This report focuses on Regenerative Medicine Market Trend, volume and value at global level, regional level and company level. From a global perspective, this report represents overall Regenerative Medicine Market by analyzing historical data and future prospect.On the whole, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Regenerative Medicine Market . All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Regenerative Medicine Market .
Key Attentions of Regenerative Medicine Market Report:
• The report offers a comprehensive and broad perspective on the global Regenerative Medicine Market .
• The market statistics represented in different Keyword segments offers complete industry picture.
• Market growth drivers, challenges affecting the development of Keyword are analyzed in detail.
• The report will help in the analysis of major competitive market scenario, market dynamics of Keyword.
• Major stakeholders, key companies Keyword, investment feasibility and new market entrants study is offered.
• Development scope of Keyword in each market segment is covered in this report. The macro and micro-economic factors affecting the Regenerative Medicine Market
• Advancement is elaborated in this report. The upstream and downstream components of Keyword and a comprehensive value chain are explained.
Browse the detailed industry research insights:
https://www.businessresearchinsights.com/market-reports/regenerative-medicine-market-100065

The global security solutions market growth is projected to reach USD 483.62 billion by 2026, exhibiting a CAGR of 8.84% during the forecast period. Consistent rise in military expenditure by major economies will propel the growth of this market, elucidates Fortune Business Insights™ in its report, titled “Security Solutions Market Size, Share and Industry Analysis, By Type (Product: Fire Protection, Video Surveillance, Access Control, Entrance Control, Intruder Alarms, Thermal Cameras) and Services: Security Systems Integration, Remote Monitoring Services, Fire Protection Services, Video Surveillance Services, Access Control Services), By End User (Commercial, Residential, Industrial, Government, Military & Defense and Others), and Regional Forecast, 2019- 2026”.

Latest data released by the Stockholm International Peace Research Institute (SIPRI) reveals that the total defense expenditure globally rose by USD 1917 billion in 2019, indicating a 3.6% increase from 2018 levels. Representing 2.2% of the global gross domestic product (GDP), this increase is the largest recorded spike in military spending since 2010. According to SIPRI, the biggest spenders in 2019 were the US, China, India, Russia, and Saudi Arabia, accounting for 62% of the total expenditure. These elevated expenditures on the defense sector reflect the strong focus of nations to bolster their national security arsenal and a greater willingness to invest in advanced Security Solutions to deter enemy attacks.

As per the report findings, the value of the market stood at USD 249.65 billion in 2018.

List of Companies Profiled in the Security Solutions Market Research Report are:

ADT Inc. (The US)
Airbus SE (Netherlands)
BAE Systems PLC (The UK)
FLIR Systems, Inc. (The US)
Hikvision (China)
Honeywell International Inc. (The US)
Market Driver

Increasing Urbanization across the Globe to Create New Opportunities

The UN Department of Social and Economic Affairs (DESA) estimates that by 2050, roughly 68% of the world’s population will reside in urban areas. Urban agglomerations typically exert pressure on public safety and infrastructure, necessitating adoption of efficien Security Solutions to ensure orderly conduct of urban activities.

Technological advancements in surveillance systems powered by tools such as Artificial Intelligence (AI) and Internet of Things (IoT) can prove highly effective in monitoring public life in urban spaces, especially when cities worldwide are transitioning into smart cities. For example, the Ministry of Home Affairs in India granted permission to the Delhi Traffic Police to install an intelligent traffic management system (ITMS) to regulate traffic using AI-powered radar-based monitoring. The automation of traffic signals enabled by this system will aid the police to analyze data and manage traffic accordingly.

Browse Detailed Summary of Research Report:

https://www.fortunebusinessinsights.com/security-solutions-market-102667

Regional Analysis

North America to Hold Lion’s Share in the Market; Asia-Pacific to Register Considerable Growth

North America generated USD 117.83 billion in revenue in 2018 and is anticipated to dominate the Security Solutions market share in the coming years owing to strong presence of global security system OEMs in the region. Furthermore, companies in this region are at forefront of technological advancements in security software and hardware, which provides a solid base for the market to grow. Lastly, the US is the world’s largest spender on military and is also known to be the quickest adopter of advanced military technologies, which will further strengthen the position of the region in this market. In Asia-Pacific, the market will be primarily driven by the swift modernization of militaries, especially in India, China, and Japan, fueled by steadily rising defense expenditures.

Competitive Landscape

Companies to Leverage Intelligent Technologies to Develop Next-Gen Solutions

The competitive landscape of this market is marked by the presence of a few, strong companies that are globally renowned for their diverse products. With a view to gain an additional edge in the market, these companies are ramping up their R&D investment to engineer advanced solutions integrated with intelligent systems such as AI and IoT.

Industry Developments:

February 2020: The US-based defense contractor, Raytheon Company, announced its partnership with IronNet Cybersecurity, to design and develop Security Solutions for operational and information technology (OT/IT) systems. The solutions will be equipped with superior security services and enhanced threat analysis capabilities.

November 2019: Thales Group, the French aerospace & defense industry giant, unveiled its novel Security Solutions founded on a digital platform, conceived to function as digital control center to process and analyze from multiple sources through a series of complex algorithms and advanced sensors.

Read More Blogs


https://www.fortunebusinessinsights.com/blog/top-10-commercial-drone-manufacturers-10573

The global gunshot detection system (GDS) market size is set to gain momentum from the increasing focus of prominent manufacturers on the development of advanced technologies for detecting real-time sound. Safe Zone, for instance, completed a USD 1 million round of funding anchored by Seedfunders. This would help to broaden its senior leadership team and strengthen its distribution in North America. Fortune Business Insights™ published this information in a new study, titled, “Gunshot Detection System Market, 2021-2028.” The study further mentions that the market size was USD 673.9 million in 2020. It is expected to grow from USD 697.5 million in 2021 to USD 1,408.3 million in 2028, exhibiting a CAGR of 10.56% in the forecast period.

COVID-19 Pandemic to Hinder Growth Backed by Delay in Product Deliveries

The outbreak of the COVID-19 pandemic has resulted in lockdown measures in countries, such as Japan, India, China, Germany, France, and the U.S. Hence, the global defense industry was impacted severely as numerous product deliveries were either cancelled or delayed. It is likely to decline the demand for gunshot detection systems in the upcoming years. We are providing you with authentic research reports so that you can find the best strategy to cope up with the grave situation.

Segmentation-

Increasing Installation to Spur Growth of the Defense Segment

The research report classifies the market based on geography, installation, application, and system. By installation, it is divided into fixed installation, vehicle installation, and soldier mounted installation. In terms of system, it is segmented into outdoor and indoor. Based on application, it is bifurcated into defense and commercial. Amongst these, the defense segment is expected to remain at the forefront by generating the largest gunshot detection system market share. GDS is mainly used in this sector to detect locations of firing, especially from large weapons.

Report Coverage-

The market comprises multiple stakeholders, such as software solution providers, original equipment manufacturers (OEMs), and gunshot detection system equipment manufacturers, and component suppliers. All percentage breakdowns, splits, and shares were verified through primary sources and determined using secondary sources. The market’s size and supply chain were calculated using the bottom-up and top-down approaches.

Drivers & Restraints-

Surging Need to Reduce Risks of Collateral Damage to Bolster Growth

The increasing cases of mass shootings in public worldwide are one of the most crucial reasons responsible for the gunshot detection system market growth in the near future. The Gun Violence Research Group, for instance, declared that in 2019, the U.S. experienced the highest number of mass shooting incidents. When deployed indoors and outdoors, gunshot detection systems help to lower the risk of collateral damage in high crime areas. However, the installation and integration of these systems involve high cost spending, which, in turn, may obstruct growth.

Browse Summary

https://www.fortunebusinessinsights.com/gunshot-detection-system-market-105077



Regional Insights-

Increasing Installation by Law Enforcement Agencies to Favor Growth in North America

Geographically, North America remained dominant in 2020 by generating USD 248.3 million in terms of revenue. This growth is attributable to the increasing installation of these detection systems by various law enforcement agencies, increasing security concerns, and surging mass shooting incidence in the region. On the other hand, Asia Pacific is anticipated to grow remarkably fueled by the increasing defense expenditure, expansion of military forces, and rising number of smart city projects.

Competitive Landscape-

Winning of Significant Contracts — Vital Strategy Adopted by Key Players to Compete

The global market is fragmented with the presence of several companies that are persistently striving to gain a competitive edge by bagging new contracts from regulatory bodies and renowned firms. This way, they will be able to provide their in-house solutions. Below are the two latest industry developments:

December 2020: ShotSpotter, Inc. signed new contracts with seven U.S. cities with populations of less than 50,000. The company will install its flagship gunshot detection solution named ShotSpotter Respond™ to keep up with the latest trend of small cities equipping big city tools to reduce and prevent gun violence.
April 2020: Aselsan, a defense company based in Turkey, signed a contract with a NATO member nation to deliver SEDA Gunshot Detection System and SARP Advanced Remote Controlled Stabilized Weapon Stations.
Read More Blogs

https://www.fortunebusinessinsights.com/blog/10-best-military-drone-manufacturers-in-the-world-10590

The global aircraft actuator market demand is projected to reach USD 16.98 billion by the end of 2026. Recent technological advancements have played a huge part in the growth of the market in recent years. According to a report by Fortune Business Insights, titled “Aircraft Actuator Market Size, Share and Global Trend By Motion (Linear, Rotary), By Actuator Type (Hydraulic, Pneumatic, Electric, Electromechanical, Electrohydrostatic), By Platform (Fixed-Wing, Rotary-Wing), By Installation (Power Generation & Distribution System, Flight Control System, Fuel Management System, Landing Gear & Braking System, Passenger Comfort, and others), and Geography Forecast till 2026,” the market was worth USD 14.85 billion in 2018 and will exhibit a CAGR of 3.12% during the forecast period, 2019-2026.

An actuator is a system that is used for controlling the movement functions of an aircraft. The product regulates the motion and flow of the aircraft; an integral function as far as the operation of the system is concerned. The high investments towards the development of efficient actuators, driven by the demand for efficient and faster products, will have a positive impact on the growth of the market in the coming years. As a result there have been numerous technological advancements in actuators. The increasing demand for technologically advanced systems have led to improved product efficacies and ultimately increased the demand for the product across the world.

Increasing Number of Product Launches Will Aid Growth

The report includes several factors that have made an impact on the growth of the market in recent years. It discusses a few of the major industry developments of recent times. Among all factors, the increasing number of product launches has made a huge impact on the growth of the market in recent times. The emphasis on the adoption of technologically advanced products has compelled companies to introduce newer products at a rapid pace. Due to the accuracy and precision involved in aircraft operations, it is necessary to adopt products with the highest efficiency. The increasing number of technological advancements will help companies generate substantial aircraft actuators market revenue in the coming years

Source: https://www.fortunebusinessinsights.com/aircraft-actuator-market-102578

North America Dominates the Market; Presence of Several Large Scale Companies Will Aid Growth

The report analyzes the ongoing aircraft actuators market trends across North America, Latin America, Asia Pacific, the Middle East and Africa, and Europe. Among these regions, North America holds the highest aircraft actuators market share in recent years. The massive investments towards the adoption of modern actuators will bode well for the growth of the regional market. As of 2018, the market in North America was worth USD 8.17 billion and this value is projected to increase further in the coming years. The market in Europe will also witness considerable growth in the coming years, owing to the upgradation of existing actuators for improved reliability.

Industry Developments:

August 2019 – The Boeing Company bagged a contract worth USD 55.5 million from the United States Air Force (USAF). This contract was aimed at the modification of boom telescope actuator on Boeing KC-46.

Read More Blogs

https://www.fortunebusinessinsights.com/blog/top-factors-impacting-the-demand-for-industrial-robots-10585

The global airborne fire control radar market size is expected to showcase exponential growth by reaching USD 3,866.4 million by 2028 while exhibiting a CAGR of 4.73% between 2021 and 2028. Fortune Business Insights in its latest report, titled “Airborne Fire Control Radar Market, 2021-2028.”, mentions that the market stood at USD 2,655.4 million in 2020. Factors such as the increasing demand for target detection equipment and the growing adoption of advanced technologies such as active electronically scanning arrays (AESA) will boost the adoption of the product worldwide.

Market Exhibited -6.7% Growth Rate in 2020 amid COVID-19; Postponement of Major Defense Projects Hampered Growth Prospects

The cancellation or postponement of major defense projects due to the lockdown announced by the government agencies worldwide has significantly affected the growth prospects of the market. Owing to this the market exhibited a negative growth rate of 6.7% in 2020. However, the increasing spending of defense budget by countries will bode well for the market’s growth in the forhcoming years.



Market Segmentation:

Based on the platform, the market is bifurcated into fighter jets, combat helicopter, special mission aircraft, and UAVs.

On the basis of platform, the fighter jets segment held the largest global airborne fire control radar market share during the forecast period. This is owing to the increasing deliveries of fighter jets equipped with advanced radar systems to detect ground targets.

On the basis of frequency band, the market is trifurcated into L & S-band, X-band, and KU/K/KA band. Moreover, based on application, the market is divided into the Air to Sea, Air to Air, and Air to Ground. Lastly on the basis of region, the market is categorized into South America, the Middle East and Africa, North America, Asia-Pacific, and Europe.

What does the Report Include?

The market report provides a detailed qualitative and quantitative analysis of the market and focuses on crucial aspects such as materials, leading companies, applications, and products. Also, the report offers insights into latest trends and highlights key industry developments. The report further includes historical data & forecasts revenue growth at global, regional, and country levels and analyzes the industry's latest dynamics and opportunities that will impact the market growth between 2021 and 2028.

Source : https://www.fortunebusinessinsights.com/airborne-fire-control-radar-market-104048

DRIVING FACTORS

Increasing Demand for Reconnaissance and Targeting Activities to Promote Market Growth

The rising intrusion activities and the growing focus on upgrading their militaries by countries worldwide will boost the demand for advanced technologies for reconnaissance and targeting activities. Moreover, the increasing focus on accurate target detection and handling crucial missions is leading to the development of advanced radar systems. For instance, Israel Aerospace Industries Ltd has developed reconnaissance and targeting ELM-20600 RTP POD that efficiently detects, classifies, and precisely tracks and selects ground targets. Moreover, it includes inflight SAR images recording capabilities that ensure real-time target assessment. The increasing adoption of active electronically scanning array (AESA) technology that provides high reliability and low interception rate is further expected to bode well for the global airborne fire control radar market growth in the forthcoming years.



REGIONAL INSIGHTS

North America – The region stood at USD 891.41 million in 2020 and is projected to hold the highest position in the market during the forecast period. This is attributable to the presence of established airborne fire control radar manufacturers such as Northrop Grumman Corporation, Raytheon Technologies Corporation, and Lockheed Martin Corporation in the region.

Europe – The market in the region is expected to showcase exponential growth backed by the growing demand for advanced airborne fire control radar systems by the Air Force of countries such as the U.K. and Germany between 2021 and 2028.

Asia-Pacific – The increasing focus on the procurement of advanced 5th Generation fighter jets by China is expected to propel the product’s adoption in the region. Moreover, the surging demand for innovative UAVs is likely to contribute to the regional growth in the forthcoming years.

COMPETITIVE LANDSCAPE

Contract Signing by Major Companies to Strengthen Their Market Positions

The market is witnessing fierce competition amongst the major companies operating in it. These companies are focusing on signing lucrative contracts to expand their airborne fire control radar portfolio. Moreover, other key players are striving to maintain their presence by adopting strategies such as merger and acquisition, partnership, and collaboration that will favor the growth of the market in the forthcoming years.

Industry Development:

February 2021 - Hindustan Aeronautics Limited (HAL) announced the installation of the ELTA-sourced active electronically scanning radar in the Jaguar Darin III fighter jets. The company reports that the radar is primarily designed for air-to-air attack and provides solid-state active electronically scanning array technology.
Read More Blogs

https://www.fortunebusinessinsights.com/blog/uav-market-9942

The global surveillance radar market size is set to gain traction from the rising investments by the U.S. in the deployment of surveillance radar-based unmanned aerial vehicles (UAVs) for enhancing battlefield operations. This information is given by Fortune Business Insights™ in a new study, titled, “Surveillance Radar Market Size, Share & Industry Analysis, By Platform (Airborne, Ground, Naval, and Space), By Application (Commercial, Military, Homeland Security, Others), By Radar Type (Short Range Surveillance Radar, Medium-Range Surveillance Radar, and Long Range Surveillance Radar), and Regional Forecast, 2020-2027.” The study further mentions that the surveillance radar market size was USD 7.33 billion in 2019 and is anticipated to reach USD 11.78 billion by 2027, exhibiting a CAGR of 8.21% during the forecast period.

COVID-19 Pandemic to Hamper Growth by Declining Demand for New Defense Agreements

The aerospace and defense industry is experiencing huge economic losses on account of the COVID-19 pandemic. This is mainly occurring because of the rising disruptions in the supply chain ecosystems of various companies. Government bodies are also imposing stringent rules, such as lockdown and social distancing to prevent transmission. It is resulting in the cancellation or lower demand for new defense agreements. Our reports will help you pave the way towards success even under such difficult circumstances by selecting the right strategy.

How Did We Create This Report?

Our highly skilled team of analysts has conducted extensive primary and secondary research to gather data about the surveillance radar industry, its parent market, and peer markets. To validate this information, interviews wither putted industry experts were conducted. The data triangulation and market breakdown procedures were utilized to estimate the sizes of segments. Key companies were selected through secondary research by evaluating financial reports. The report also provides all the growth drivers, restraints, challenges, and opportunities available in the market.

Drivers & Restraints-

Increasing Border and Coastal Security Issues to Accelerate Demand

The high demand for next-generation combat aircraft from various countries, such as India, China, and the U.S. is surging. This is occurring because of its possession of high tactical capabilities required during warfare. The rising issues associated with coastal and border security is expected to augment the demand for UAVs enabled with surveillance radars .Besides, the increasing trend of modernizing military aircraft fleet would surge the number of new aircraft orders. It would also bolster the demand for surveillance radars. However, fundamental theories and techniques often limit the performances and sizes of the radar system. It may obstruct the surveillance radar market growth.

Browse Summary

https://www.fortunebusinessinsights.com/surveillance-radars-market-104290



Segment-

Long-range Surveillance Radar Segment to Grow Rapidly Stoked by Increasing Usage of OTH Radars

Based on radar type, the long-range surveillance radar segment held 40.23% in terms of the surveillance radar market share in 2019. It is set to showcase the highest CAGR throughout the forth coming years backed by the higher adoption of over-the-horizon (OTH) radars for detecting targets from longer distances.

Regional Analysis-

North America to Dominate Backed by Presence of Renowned Companies

Geographically, in 2019, North America generated USD 3.62 billion in terms of revenue. It is set to dominate in the near future because of the presence of a large number of prominent companies, such as Lockheed Martin Corporation, Northrop Grumman Corporation, and Raytheon Technologies in this region.

Asia Pacific, on the other hand, is set to be the fastest-growing region fueled by the rising expenditure of regulatory bodies on naval-based systems and military land. The Middle East &Africa is set to exhibit significant growth in the coming years backed by the increasing number of new aircraft orders from airlines in Saudi Arabia and the U.A.E.

Competitive Landscape-

Key Players Focus on Winning New Orders to Intensify Competition

The global market for surveillance radars houses numerous manufacturers that are focusing on gaining new orders from reputed agencies for their in-house products. Some of the others are trying to adopt the acquisition strategy to gain a competitive edge.Below are the two latest industry developments:

September 2020:Indrabagged a new contract from Hellenic Civil Aviation Authority (HCAA)to offer radars and an air traffic surveillance system for Athens International Airport, Greece. It also contains the delivery of multi laceration systems to identify approaching and ground aircraft.
September 2020:Raytheon Technologies received a contract worth USD 212.8 million from the Missile Defense Agency to deliver support services for terminal high altitude area defense radars of the U.A.E. Its aim is to prevent them from ballistic missiles
Read More Blogs

https://www.fortunebusinessinsights.com/blog/top-15-avionics-companies-in-the-world-10563

The global drone software market share is expected to experience an exponential growth by reaching USD 5,961.6 million by 2027 while exhibiting an astounding CAGR of 25.05% between 2020 and 2027. This is attributable to the increasing adoption of advanced technologies such as artificial intelligence and machine learning in the development of this software across the globe. Fortune Business Insights, in its latest, report, titled, “Drone Software Market Size, Share & COVID-19 Impact Analysis, By Architecture (Open Source and Closed Source), By Platform (Application-Based Software and Desktop-Based Software), By Application (Analytics, Image Processing, and Control & Data Capture), and Regional Forecast, 2020-2027,” observes that the market stood at USD 1,165.3 million in 2019 and is likely to gain momentum in the forthcoming years.



List of the Companies Operating in the Global Market:

Airware, Inc (U.S.)
3D Robotics (U.S.)
Dreamhammer Inc. (U.S.)
Drone Volt (France)
DroneDeploy Inc. (U.S.)
ESRI (U.S.)
Drones are extensively adopted in situations where human intervention is deemed difficult or risky. They enable all-round support by reverting back real-time audio-video information of the activities at the ground. They are equipped with advanced drone software features that require high processing power to solve complex applications such as accurate monitoring and surveying services. The software executes and stores data efficiently while ensuring less usage of CPU, and less draining of the battery.


DRIVING FACTORS

Increasing Adoption of Artificial Intelligence in Drones to Favor Growth in Japan

The unmanned aerial vehicles (UAVs) or drones have a built-in computerized technology such as GPS, programmable controllers, sensors and cameras, and other equipment that facilitate automated flights. In addition to this, the inclusion of advanced technologies such as artificial intelligence (AI) in drone software is aiding in accurate object tracking, obstacle detection, and prevention, among others. The increasing focus on developing smart cities that include advanced features such as well-connected homes, along with the adoption of AI-based security surveillance is driving the demand for drones. This is expected to further boost the global drone software market growth in the forthcoming years.

Browse Summary

https://www.fortunebusinessinsights.com/drone-software-market-103527



SEGMENTATION

Open Source Segment to Remain Dominant; Easy Availability of Open Source Software to Spur Demand in Japan

The open source segment, based on architecture, is expected to remain at the forefront and hold the highest market share owing to the easy availability and affordability of the open source drone software during the forecast period. Besides, the closed source segment held a market share of 16.4% in 2019 and is likely to gain momentum owing to the rising demand for customized and secured architecture in UAVs from military purposes.

REGIONAL INSIGHTS

Presence of Major Companies in North America to Promote Growth

Among all the regions, North America is expected to remain dominant and hold the highest position in the global UAVs market in the forthcoming years. This dominance is attributed to the presence of multiple established commercial UAVs manufacturers in the region. Additionally, the region stood at USD 422.7 million in 2019. The market in Asia-Pacific is expected to showcase a significant growth during the forecast period. This is ascribable to factors such as the increasing adoption of drones that are driving the demand for this software across several industrial applications such as agriculture, construction, and infrastructure, among others between 2020 and 2027.

COMPETITIVE LANDSCAPE

Collaboration between Major Companies to Consolidate Their Market Positions

The global drone software market is dominated by major companies such as DroneDeploy and Airwave. These companies are collaborating with the other key players to strengthen their positions in the highly competitive global marketplace. The other major companies such as 3D Robotics and Dreamhammer, Inc. are set to adopt strategies such as the introduction of new products, merger and acquisition, and partnership to maintain their market presence during the forecast period.

Industry Development

July 2020: Aerodyne Group, a Malaysian drone software company, announced its collaboration with Celcom Axiata Berhad to develop IR 4.0 solutions that focus on the agricultural and urban sectors. The collaboration is aimed at jointly developing innovative drone solutions by adopting automation, artificial intelligence (AI), and machine learning technologies.
Read More Blogs

https://www.fortunebusinessinsights.com/blog/top-10-commercial-drone-manufacturers-10573

The smart airport market size report states that key players are intensely focusing on delivering innovative solutions to consumers. The aim of these measures is for the companies to consolidate their position in the market through a diverse offering of products. In its new report, titled “Smart Airport Market Size, Share & Industry Analysis, By Technology (Passenger, Cargo, Communication System, air Traffic Control), By Airside (Air Traffic Management, Aircraft Parking, Aircraft Maintenance), By Landside (Security, Smart Marketing Techniques, Advanced Parking Solution), By Application (Aeronautical Operation, Non-Aeronautical Operation) and Regional Forecast, 2019-2027”. The global smart airport market size was USD 2.20 billion in 2019 and is projected to reach USD 6.70 billion by 2027, exhibiting a CAGR of 17.24% during the forecast period.

Prominent Players:

Amadeus IT Group SA
Kiewit
Cisco Systems Inc.
Siemens AG
Collins Aerospace
Larsen & Toubro
Raytheon Company
IBM Corporation
SITA
Honeywell Corporation Inc.
Ever-increasing passenger load at airports is likely to expand the global smart airport market size in the near future. According to the International Civil Aviation Organization (ICAO), the total number of travelers rose by 6.4% from 2017 levels to reach 4.3 billion in 2018. Low-cost air carriers, the ICAO reports, carried approximately 1.3 billion passengers across the globe, which is around 31% of the total world passenger air traffic. American airports alone handled a record 813.8 million travelers in 2018, according to the US Transport Security Administration (TSA). Moreover, the TSA managed to undertake a more stringent form of carry-on screening procedures at airports across the US. This astronomical rise in air travel is attributable to rising income and overall economic development in the world, generating a desperate need for smart management of airport operations.

Fortune Business Insights™ shares the following information:

Accurate computation of market figures (revenue, size, and share);
In-depth analysis of the various factors and drivers shaping the market;
General overview of the overall industry outlook;
Careful segmentation of the market and detailed assessment of their individual share and factors driving them; and
Exhaustive research into the regional dynamics and competitive landscape of the market.
Information Source-

https://www.fortunebusinessinsights.com/industry-reports/smart-airport-market-101799

Heightened Security Threats to Fuel the Adoption of Intelligent Systems at Airports

One of the most prominent smart airport market trends is the rising rate of integration of Internet of Things (IoT) at airports to counter the growing security concerns. For example, IoT can efficiently use passenger data based on biometric information and help quick identification and profiling of suspicious persons. This can make airport security staff more proactive and prepared for any potential threats and make traveling safer and more comfortable. In addition to this, smart airports can help efficiently monitor critical airport infrastructure and streamline security and check-in processes for passengers. Thus, IoT can significantly enhance the value of an airport, which will fuel the smart airport market revenue in the foreseeable future. Even more importantly, smart airports can become models for sustainable infrastructure through the use of green technologies and eco-friendly tools such as LED bulbs.

North America to Lead the Pack, Advancements in Cloud Computing to Drive the Market

North America is anticipated to dominate the smart airport market share during the forecast period owing to fast-developing cloud infrastructure, increasing number of smart devices, and a well-established telecommunications system in the region. The market in the region is further propelled by the rapid adoption of smart technologies. In Asia-Pacific, the market is set to surge at a formidable CAGR on account of the flourishing tourism industry in India and China. Swift evolution in the domestic aviation infrastructure in these countries through proactive government policies will further accelerate the smart airport market growth in the coming decade.

Increasing Investment in Innovation to Energize Competition

The smart airport market report states that key players are intensely focusing on delivering innovative solutions to consumers. The aim of these measures is for the companies to consolidate their position in the market through a diverse offering of products.

Key Industry Developments:

September 2019: Siemens signed a contract with five of Spain’s busiest airports – Madrid, Barcelona, Malaga, Palma de Mallorca and Gran Canaria – to completely revamp their security infrastructure. The company will provide intelligent software to these airports for efficient management of passenger luggage in compliance with the new regulations set by the European Civil Aviation Conference (ECAC).
April 2019: IBM and Arrow Electronics collaborated to develop and launch a novel IoT solution for airports called the Smart Airport Asset Management Solution. The system will consist of an integrated platform of Arrow’s IoT sensors and gateways and IBM’s Watson® IoT Platform, and IBM Maximo® Enterprise Asset Management software.

Read More Blogs

https://www.fortunebusinessinsights.com/blog/top-10-medical-drone-industry-players-10634

The rifle scopes market size was USD 750.9 million in 2020. The market is projected to grow from USD 765.9 million in 2021 to USD 1,193.6 million in 2028 at a CAGR of 6.54% during the 2021-2028 period. This vital information is presented by Fortune Business Insights™, in its report, titled, “Rifle Scopes Market, 2021-2028.” Factors such as critical control over magnification and the ability to predict where the bullet might impact will increase the footprint of the market during the forecast period. Additionally, a wider field view and a more natural image will boost the market’s growth.



Segments

On the basis of magnification, the market can be divided into 1-8X, 8-15X, and greater than 15X.

By sight type, the market can be broken down into telescopic and reflective.

With respect to end-use, the market can be segmented across commercial and defense.

Report Coverage

The market report for rifle scopes contains a comprehensive analysis by focusing on critical aspects of prominent rifle scope companies, sight types, and leading applications. The report also focuses on critical factors such as market trends, competitive landscape, growth opportunities, and regional developments. The report also encompasses various factors that are responsible for affecting the market in a negative/positive manner during the forecast period.

Drivers & Restraints

Increasing Demand for Riflescopes in for Shooting Sports and Hunting to Increase Sales

Factors such as rising demand for firearms for shooting sports and hunting and rising shooting ranges worldwide will boost the rifle scopes market growth during the forecast period. Additionally, advanced technologies such as smart, thermal imaging, and infrared will increase the footprint of the market. Also, rising demand for night vision scopes will fuel the market’s growth.

Regional Insights

North America to Hold Significant Market Share due to Rising Military Expenditure

North America will occupy a considerable rifle scopes market share during the forecast period due to the region witnessing the highest military expenditure and rising number of military modernization programs. Additionally, the region is also home to a large number of shooting ranges. Increasing procurement of advanced rifles for the U.S. army will further fuel the market growth.

Browse Summary

https://www.fortunebusinessinsights.com/riflescopes-market-105869



Competitive Landscape

Development of Advanced Rifle Scopes to Bolster Market Growth

The dominant market players in the rifle scopes sector are constantly striving for developing the next generation of products. For example, in January 2020, Trijicon Inc. announced the launch of six scopes tactical, hunting, competition, and long-range communities, along with new rifles in their AccuPoint line. Other players are focused on launching novel products to maximize revenue. Strategic approaches such as mergers & acquisitions along with collaborations are expected to raise the market’s boundary towards a new horizon.

Industry Development

December 2020: The Indian Navy signed a contract with Israeli Firm Smart Shooter Ltd. for supplying SMASH 2000 Plus fire control systems, which will be installed on AK-47 and AK 203 rifles.
List of Key Players Present in the Market

Aimpoint (Sweden)
ATN Corporation (U.S.)
Burris Company (U.S.)
Bushnell (U.S.)
EUPOLD & STEVENS, INC. (U.S.)
HENSOLDT AG (Germany)

The global explosive detectors market demand is set to gain traction from their ever-increasing usage in the security check-in department of domestic, as well as international airports worldwide. This information is published by Fortune Business Insights™ in an upcoming report, titled, “Explosive Detectors Market Size, Share & Industry Analysis, By Technology (Trace Detector, Bulk Detector), By Product Type (Vehicle Mounted, Handheld, Robotics, Others), By End User (Military & Defense, Cargo & Transport, Aviation, Public Places, Others) and Regional Forecast, 2022-2029.” The report further mentions that explosive detection is a non-destructive and technologically advanced inspection process for determining explosive materials.


Fortune Business Insights™ lists out the names of all the explosive detectors manufacturers operating in the global market. They are as follows:

American Science & Engineering, Inc. (The U.S.)
Analogic Corporation. (The U.S.)
Chemring Group PLC (The U.K.)
Flir Systems, Inc. (The U.S.)
Implant Sciences Corporation (ISC) (The U.S.)
Drivers & Restraints-

Increasing Terrorist Activities to Boost Growth

The rising adoption of automatic security equipment across the globe is one of the notable drivers for the explosive detectors market growth. It is being extensively used for the detection of explosives in small objects. Apart from that, the increasing terrorist activities in various countries would also surge the demand for explosive detectors. However, the decreasing government expenditure on explosive detectors and the rising concerns about cyber threats may hamper the growth of the market for explosive detectors.

Browse Summary

https://www.fortunebusinessinsights.com/explosive-detectors-market-102597



Regional Analysis-

Rising Presence of Reputed Explosive Detectors Providers to Favor Growth in North America

Based on region, North America is anticipated to dominate throughout the forthcoming years by generating the largest explosive detectors market share. This growth is attributable to the presence of a large number of prominent organizations, namely, L-3 Communications Holdings, Inc., Implant Sciences Corporation (ISC), Flir Systems, Inc., Analogic Corporation, and American Science & Engineering, Inc. in the U.S.

Asia Pacific, on the other hand, is set to exhibit fast growth in the near future stoked by the rising government initiatives to encourage people to use explosive detectors in China. The country is set to install these devices at the airport. Europe is expected to show a remarkable growth on account of the rising terrorist activities in France. The Middle East & Africa would grow steadily backed by the rising infrastructural development of the international airport.

Competitive Landscape-

Key Players Focus on Gaining New Contracts from Renowned Enterprises

The market for explosive detectors houses several companies that are presently striving to gain a competitive edge by bagging new contracts from regulatory bodies or prominent organizations worldwide. Below are two of the latest industry developments:

September 2019: The Transportation Security Administration (TSA) provided a contract worth USD 96.8 million to Smiths Detection Inc. It would enable Smiths to deliver Computed Tomography (CT) 3-D Scanners and HI-SCAN 6040 CTiXs.
April 2019: Smiths Detection’s distributor Dainippon bagged a contract from Ezeiza International Airport situated in Argentina to offer a high-speed explosives detection system.