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Aviation Crew Management Systems Market Analysis Growth Revenue ,Overview, Witness Huge by Key Player, Opportunity 2030
Aviation Crew Management Systems Market Research Report: Information by Device (Smartphones, Personal Computers, and Tablets), Application (Crew Planning, Crew Training, Crew Services, and Crew Operations), Deployment (Cloud and Server-Based) and Region (North America, Europe, Asia-Pacific and Rest of the World) - Forecast till 2030
Market Forecast
Aviation Crew Management Systems Market Is Projected To Be Valued At USD 3,140 Million By 2025, Registering A CAGR Of 10.20% From 2019 To 2025.
The rising need for operational efficiency, driven by growth in air passenger traffic, has significantly contributed to the expansion of the aviation crew management systems market. High competition in the market owing to the presence of several players is forcing service providers to focus on offering enhanced and customized solutions. Furthermore, the increasing adoption of aviation crew management systems by various airlines is expected to drive the growth of the market. However, the high costs associated with the development of these systems and the inability of crew management systems to consider human factors might hamper the growth of the market.
Market USP
Reduction of AOG time and improving operational stability
Growth Opportunities in the Market
• Tablets segment expected to be fastest growing: The tablets segment is expected to register the highest CAGR during the forecast period of 2019 to 2025. Tablets offer benefits such as convenience and flexibility. With the help of tablets, airline management can connect with cabin crew and relay critical information on a real-time basis.
• Crew operations segment expected to register the highest CAGR: The growth of the crew operations segment can be attributed to the adoption of aviation crew management systems by airlines to smoothen operations. For example, in 2018, Shenzhen Airlines signed a contract with Boeing to procure the AnalytX Crew Pairing and Crew Rostering solutions. This enabled the airline to experience improved crew efficiency, optimize work duties, and smoothen operations.
• Cloud-based aviation crew management systems to remain a popular choice: Cloud-based aviation crew management systems are the preferred choice by airline operators and OEMs owing to the enhanced flexibility offered by the solution. Furthermore, the cloud assists crew members in offering enhanced services to passengers by supporting various online activities such as weather forecasting, e-ticketing, flight schedule, and accommodation arrangements. Hence, the segment is expected to register a higher CAGR during the review period.
Key Players
• Jeppesen (US)
• IBS Software (US)
• Lufthansa Systems (Germany)
• Sabre Corporation (US)
• Fujitsu (Japan)
• BlueOne Software (France)
• InteliSys Aviation Systems (Canada)
• PDC A/S (Denmark)
• Aviolinx (Sweden)
• Hexaware Technologies Limited (India)
Other Prominent Players
• Sheorey Digital Systems Pvt. Ltd (India)
• OSM Aviation Group (Denmark)
• ARCOS LLC (US)
• Wipro (India)
• Maureva Ltd (Mauritius)
• Leon Software (Poland)
• United Technologies Corporation (US)
• AIMS International Ltd (UAE)
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Riflescope Market Analysis Growth Revenue Overview Opportunity 2022-2028
Riflescope Market Research Report: Information by Sight Type (Telescopic and Reflex), Magnification (Less than 8x, 8–15x and More than 15x), Technology (EO/IR, Thermal Imaging and Laser), Range (Short Range [Less than 100 Yards], Medium-Range [100–500 Yards] and Long Range [More than 500 Yards]), Application (Military & Defense, Hunting and Sports) and Region
Market Forecast
Riflescope Market is projected to be valued at USD 6.29 Billion by 2025, registering a CAGR of over 3.41% from 2019 to 2025.
Market growth can be attributed to the demand for riflescopes in shooting sports and hunting. Furthermore, innovations in the field of optics are expected to positively impact market growth. Riflescopes are also used in the military by snipers and ground troops. A rise in government investments in the upgrade of armaments is projected to fuel market growth during the forecast period.
Market USP
Innovations in the field of optics
Growth Opportunities in the Market
• Dominance of telescopic riflescope in the market: The telescopic segment accounted for the larger Riflescope Market share in 2018 and is expected to remain dominant during the forecast period. The segment accounted for over 43% of the global market share. Telescopic rifle scopes offer a magnified view that enables users to shoot at long ranges and assist in target identification.
• 8–15x magnification segment expected to lead the market: The 8–15x magnification segment was the largest in 2018 valued at approximately USD 1.14 billion. Its competitive costs and widespread use in hunting and shooting sports are expected to positively impact market growth.
• Thermal imaging segment to dominate the market: The thermal imaging segment led the market in 2018 with a value of approximately USD 890.4 million. The use of thermal imaging riflescopes by the military during covert operations is expected to drive the growth of the segment. The military modernization programs undertaken by the governments in countries such as the US, China, and India are further projected to fuel the demand for thermal imaging riflescopes.
• Medium range (100–500 Yards) riflescopes in high demand: The benefits offered by medium range (100–500 yards) riflescopes such as wide field of view, target accuracy, and cost-effectiveness are expected to drive the growth of the segment. The use of medium-range riflescopes for hunting is also fueling demand.
Key Players
• Aimpoint (Sweden)
• BSA Optics (US)
• Burris Company (US)
• Bushnell (US)
• Carl Zeiss AG (Germany)
• Eotech (US)
• FLIR Systems (US)
• Hawke Optics (UK)
• Hensoldt (Germany)
• Leica Camera (Germany)
• Leupold & Stevens, Inc. (US)
• Nightforce Optics, Inc. (US)
• Nikon Corporation (Japan)
• Primary Arms LLC (US)
• Schmidt & Bender GmbH & Co. Kg (Germany)
• Sig Sauer (US)
• Steiner (US)
• Trijicon, Inc. (US)
• US Optics (US)
• Vortex Optics (US)
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Aviation Analytics Market Analysis Growth Revenue ,Overview, Witness Huge by Key Player, Opportunity 2030
Aviation Analytics Market Research Report: Information by Function (Operations, Finance, Supply Chain, Maintenance & Repair and Sales & Marketing), Application (Flight Risk Management, Fuel Management, Revenue Management, Navigation Services, Customer Analytics and Inventory Management), End-User (Airports and Airlines) and Region (North America, Europe, Asia-Pacific, Middle East & Africa and Latin America) - Forecast till 2030 by MRFR
Market Forecast
Global Aviation Analytics Market is projected to be valued at USD 22,195 Million by 2030, registering a CAGR of 17.5% from 2019 to 2030.
The rising need for energy and process optimization to maximize revenue and smoothen operations has significantly contributed to the expansion of the aviation analytics market. High competition owing to the presence of several players in the market has led aviation analytics providers to focus on innovation. Furthermore, increasing investments by aircraft OEMs in the aviation analytics market is expected to drive market growth. For example, in June 2019, Embraer launched IKON, a cloud-based system for analyzing and storing aircraft data.
However, the issues associated with cybersecurity and data management might hamper the growth of the market.
Market USP
Growing demand for real-time analytics in the aviation industry
Growth Opportunities in the Market
• Sales & marketing segment to register the highest growth rate: The sales & marketing segment is expected to exhibit the highest CAGR during the forecast period of 2019 to 2030. The rising demand for enhanced travel experience by passengers is expected to drive the growth of the segment. Airlines can base their sales and marketing strategies and revenue models on the data generated by aviation analytics solutions to increase profits, enhance customer experience, and gain a competitive edge.
• Customer analytics segment is expected to be the fastest-growing: The customer analytics segment is expected to register the highest CAGR during the forecast period of 2019 to 2030. Aviation analytics solutions enable airline operators to maximize revenue and offer customer-centric services by providing real-time insights about customer behavior.
• Airlines segment expected to register the higher CAGR: The airline's segment is expected to exhibit a higher growth rate during the forecast period. Increasing investments by airlines in the aviation analytics market is expected to drive the growth of the segment. For example, in June 2019, Kenya Airways signed a contract with General Electric to procure an aviation analytics solution. The contract enabled the airline to streamline operations, offer enhanced services to customers, and optimize fuel management.
Key Players
• Honeywell International, Inc. (US)
• IBM Corporation (US)
• Ramco Systems (India)
• Oracle (US)
• Boeing (US)
• Airbus SAS (Netherlands)
• SAP (Germany)
• General Electric (US)
• SAS Institute Inc. (US)
• Booz Allen Hamilton Inc. (US)
Other Prominent Players
• Aviation Analytics (UK)
• GrayMatter Software Services Inc (US)
• Mu Sigma (India)
• Mercator Group (Chile)
• Embraer (Brazil)
• Microsoft (US)
• Lufthansa Technik (Germany)
• IFS AB (Sweden)
• Rolls-Royce plc (UK)
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Space Launch Services Market Analysis Growth Revenue Overview Opportunity 2022-2028
Market Forecast
Global Space Launch Services Market is projected to be valued at USD 30.22 Billion by 2025, registering a CAGR of 14.9% from 2019 to 2025.
The increase in the deployment of small satellites is driving the growth of the market. Furthermore, large-scale investments by private firms in space exploration missions is projected to aid Space Launch Services Market Growth.
Market USP
Frequent launch of new satellites
Growth Opportunities in the Market
• The pre-launch services segment accounted for the larger market share in 2018: The pre-launch services segment is also expected to register the higher CAGR during the forecast period. The high growth can be attributed to the increasing demand for pre-launch services such as launch acquisition and coordination, integration and logistics, management services, and tracking and telemetry support.
• Low Earth orbit segment to be the fastest-growing: The low earth orbit segment is expected to exhibit the highest CAGR during the review period. The increasing deployment of small satellites in the low Earth orbit is driving the growth of this segment.
• Military and government segment accounted for the larger market share in 2018: The military and government segment is also expected to be the fastest-growing during the review period. The increasing space exploration activities by the Governments of the US, China, Russia, and India are driving the growth of the segment.
Key Players
• Antrix Corporation Limited (India)
• Arianespace (France)
• China Great Wall Industry Corporation (China)
• Eurockot Launch Services (Germany)
• International Launch Services Inc. (US)
• Isc Kosmotras (Russia)
• Mitsubishi Heavy Industries (Japan)
• Orbital ATK (US)
• SpaceX (US)
• US Spaceflight Industries, Inc. (US)
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Space Robotics Market Analysis Growth Revenue Overview Opportunity 2022-2028
Market Forecast
Space Robotics Market is projected to be valued at USD 5.24 Billion by 2025,
registering a CAGR of 8.6% from 2019 to 2025. The increasing number of space exploration missions by private firms is driving the growth of the market. Furthermore, the rising number of GEO satellites across the globe is projected to aid market growth.
Market USP
Reduced risk to human life
Growth Opportunities in the Market
• Services segment accounted for the larger market share in 2018: The services segment is also expected to register the higher CAGR during the forecast period. The high growth can be attributed to the increasing demand for on-orbit assembly and manufacturing, satellite repair, space debris removal, and launch support services.
• Near space segment to be the fastest-growing: The near-space segment is expected to exhibit the highest CAGR during the review period. The increasing number of high-altitude satellites for communication and surveillance is driving the growth of this segment.
• Government segment to register the highest CAGR: The government segment is expected to be the fastest-growing during the review period. The increasing space exploration activities using robots by the governments of the US, China, Russia, and India are driving the growth of the segment.
Key Players
• Altius Space Machines (US)
• Astrobotic Technology (US)
• Effective Space Solutions Ltd (UK)
• Honeybee Robotics (UK)
• Ispace (Japan)
• Maxar Technologies (US)
• Metecs (US)
• Motiv Space Systems, Inc. (US)
• Northrop Grumman Corporation (US)
• Olis Robotics (US)
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5G in Aviation Market Share Growth Revenue Overview Opportunity 2022-2028
Market Forecast
5G in Aviation Market is projected to be valued at USD 21,200 Million by 2030, registering a CAGR of 52.7% from 2019 to 2030.
Growth in the air passenger traffic has significantly contributed to the growth of the 5G in the aviation market. High competition owing to the presence of several players in the market is forcing 5G providers to focus on innovation. Furthermore, the increasing adoption of 5G technology by airports is expected to propel market growth. For example, in January 2019, the Guangzhou Baiyun International Airport in China collaborated with Huawei Technologies Co., Ltd To launch a 5G base station to offer high-speed Internet connectivity to passengers.
However, the high costs associated with the development of 5G infrastructure and issues related to sharing spectrum bands might hamper the growth of the market.
Market USP
Rising investments in connected aircraft and in-flight broadband are boosting the adoption of 5G technology.
Growth Opportunities in the Market
• ground-to-ground communication segment to register the higher growth rate: The ground-to-ground communication segment is expected to exhibit a higher CAGR during the forecast period of 2019 to 2030. The rising demand for enhanced communication by airport authorities to reduce the passenger waiting time and offer improved travel experience is expected to drive the growth of the segment.
• Small cells to remain a popular choice: The small cells segment is expected to register the higher CAGR during the forecast period of 2019 to 2030. Small cells offer numerous benefits such as easy installation, enhanced signal quality, low latency rates, and low power consumption.
• Airport operations segment expected to remain dominant: The airport operations segment led the market in 2018 and is expected to register the higher growth rate during the review period. The development of smart airports and the rising demand for high-speed Internet connectivity for operational efficiency are expected to drive the growth of the segment.
• Higher adoption of 5G technology at airports: The airport's segment is expected to exhibit higher CAGR during the review period. The rising adoption of 5G technology at airports in countries such as the UK, China, and the UAE is expected to drive the growth of the segment.
Key Players
• Honeywell International, Inc. (US)
• Huawei Technologies Co., Ltd (China)
• Ericsson (Sweden)
• Nokia (Finland)
• Cisco Systems, Inc. (US)
• Panasonic Avionics Corporation (US)
• GOGO LLC (US)
• Global Eagle (US)
• OneWeb (UK)
• SmartSky Networks, LLC (US)
Other Prominent Players
• Sprint Corporation (US)
• SK Telecom Co., Ltd (South Korea)
• KT Corporation (South Korea)
• Inseego Corp (US)
• Intelsat (Luxembourg)
• AT&T (US)
• Verizon (US)
• Aeromobile Communications Ltd (UK)
• Vodafone Group PLC (UK)
• Etisalat (UAE)
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SATCOM Industry Size Growth Revenue Overview Opportunity 2022-2028
Market Forecast
satellite communication (SATCOM) market is projected to register a CAGR of 8.44% between 2021 and 2027.
SATCOM is used for the transmission of information from one place to another with the aid of a satellite that orbits around the Earth. SATCOM is employed for a wide range of mobile applications, including communication to aircraft, ships, vehicles, and hand-held terminals, as well as for TV and radio broadcasting.
The increasing deployment of small satellites, growing demand for high-speed Internet, and rising adoption of maritime VSAT are primarily driving the market's growth. Additionally, increasing demand for small form factor SATCOM solutions and frequent launches of military satellitesare driving the global market's growth.
Globally, military spending has increased significantly in recent years. Factors such as ongoing conflicts in the Middle East & Africa, long-standing tensions, territorial disputes between countries in Asia-Pacific, and a focus on counterterrorism activities are prompting governments to strengthen their defense capabilities. Moreover, the nature of warfare has changed significantly over the past decade. It is transforming from being weapon-centric to technology-centric. Thus, a rise in military spending directly boosts the demand for advanced defense systems, covering everything from aircraft and weapons to satellites.
Currently, military forces and defense organizations around the world are using satellites. Satellites can carry payloads, offering voice or data communication and optical imagery. These features offer several benefits in communication, intelligence, surveillance, and reconnaissance. Moreover, the launch of these satellites is increasing over the last few years. In 2019, the US Air Force launched its 10th military communication satellite. Furthermore, the US Space Force is working with the UK on military space projects and looking into further areas of cooperation, including small satellites, space deterrence and reduction of on-orbit space debris, satellite communications, and launch. Therefore, the increasing defense expenditure & frequent launches of satellites for military application is expected to drive the growth of the global satellite communication market during the forecast period.
Market USP
Increasing need for advanced satellite communication for rapidly advancing communications industry
Segmental Analysis
By Product
The SATCOM transponder segment is expected to grow at the highest rate: The SATCOM transponder segment is expected to register the highest CAGR during the forecast period, 2021 to 2027. Additionally, the segment dominated the market in 2020. The growth can be attributed to the several advantages that the SATCOM transponders have to offer, such as flexibility, complete control over a specific system, and the capability for sustaining new and developed applications.
The SATCOM transceiver segment accounted for a significant market share in 2020: The SATCOM transceiver segment held a considerable market share in 2020. This can be ascribed to the technological advancements in the SATCOM transceiver and their abundant use in wireless communications.
The SATCOM antenna segment generated considerable revenues in 2020: The SATCOM antenna segment accounted for significant revenues in 2020. The growth can be attributed to the growing number of new players engaged in SATCOM antenna manufacturing and their extensive use in military and commercial applications.
The SATCOM modem segment is expected to grow at a significant rate: The SATCOM modem segment is likely to register a notable CAGR during the forecast period, 2021 to 2027. New product launches in the segment are one of the primary reasons for the expected growth during the review period.
The SATCOM receiver segment is likely to account for a significant market share: The SATCOM receiver segment is likely to account for a substantial market share in the coming years during the conjectured period. The rising adoption of unmanned aerial vehicles (UAVs) and unmanned vehicles is expected to drive the growth of this segment. Additionally, technological advancements aimed towards the enhancement of the efficiency of SATCOM receivers are likely to propel the growth of the segment in the global market.
By End Use
The commercial segment is expected to witness the higher growth rate: The commercial segment is forecasted to witness significant growth, registering the higher CAGR during the forecast period. Telecommunications, data communication, and TV programming through cable or Direct-To-Home (DTH) programming are some of the most popular applications of SATCOM commercially. Furthermore, satellite imagery is also in demand commercially to provide consumers up-to-date, high-resolution imagery, some common applications being Google Maps, Google Earth, and others.
SATCOM also plays a crucial role in the development of 5G technology. Satellite communications are critical to expanding 5G cellular networks to remote and hard-to-reach places, including planes, trains, boats, and other vehicles, especially in areas of the world that cellular providers have traditionally been unable to reach.
The government & defense segment accounted for a significant market share in 2020: The government & defense segment held a considerable market share in 2020. There are several applications of SATCOM in government and military initiatives. SATCOM services are used in case of national disasters and emergencies when land-based communication serves do not function properly. With the help of mobile satellite products, communication can be reestablished in emergency areas. Furthermore, several government initiatives utilize SATCOM services.Moreover, SATCOM plays a crucial role in the defense sector. Clear, reliable, and secure between the troops on the field and in command centers is vital and can be achieved only through the utilization of SATCOM equipment.
Key Players Operating in the Global Satellite Communication (SATCOM) Market:
• Inmarsat plc (UK)
• Honeywell International Inc. (US)
• L3Harris Technologies, Inc. (US)
• Indra Sistemas, S.A. (Spain)
• General Dynamics Mission Systems, Inc. (US)
• Cobham Plc (UK)
• Viasat Inc. (US)
• Iridium Satellite Communications Inc. (US)
• Qualcomm Technologies, Inc. (US)
• Gilat Satellite Networks (Israel)
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