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For Aerospace Market Research Reports, visit here:
http://www.strategymrc.com/report_store/aerospace-market-research
The Aerospace & Defense (A&D) industry finds itself in an increasingly challenging predicament. Aerospace & Defense companies are investing aggressively into Research & Development (R&D). Retrofitting big weapons platforms with offensive and defensive encryption and electronic warfare solutions are a logical technology extension of Aerospace companies. The Drone industry presents a captivating case for future investments. Component makers of drone are expected to benefit immensely from the rising industry. According to the Association for Unmanned Vehicle Systems International, the US economy would gain significantly from the drone technology by 2025 in terms of job creation and economic benefits. Commercial aircraft sector account for more than half of the global aerospace industry’s production revenue. Passenger and freight traffic sectors are likely to grow in near future globally. China can become a leading first-tier supplier of medium complexity Aluminium Structure (such as fuselage sections) and can achieve leadership in the domestic regional-jet market with the ARJ21, by 2020. As the low Earth orbit market evolves, new leaders such as Space-X and Blue Origins start to build market niches. Demand for MRO services is primarily driven by airline companies.
The Avionics software market is expected to follow the overall aircraft manufacturing cycle. Defense subsector revenues are likely to grow at a much faster rate. International demand for defense and military products is increasing in the Middle East, Eastern Europe, North Korea, and the East & South China Seas. Key defense products which are likely to experience increased interest from buyers include armored ground vehicles, ground attack munitions, light air support aircraft, intelligence, surveillance and reconnaissance electronic sensors, cyber protections, maritime patrol ships and aircraft, as well as provision for equipment maintenance and sustainment, along with the military operations tempo continues to increase. In FY17, DARPA allocated $301.5 million for research into drones, autonomy and robotics. By our research analyst estimate, over 70 countries have military robotics plans, and there are over 4,000 types of UAVs in the global market. Various Israeli companies claim to apply Artificial Intelligence (AI) in their defense systems.
The major technological advancements shaping the Aerospace Industry Research sector include: Additive Manufacturing, Machine learning & Advanced Analytics, Smart automation and Block-chain. Few major trends have altered the entire industry in terms of its functioning like increasing usage of composites as they are helpful in reducing the overall weight of the airframe. Optimized Usage of Turboprops and Jets not only lower fuel burn but often play a tangible role in decreasing emissions. Aerospace industry is exploring the possibilities of alternative fuels (aviation biofuels) to decrease exposure to oil price variations.
In particular, our market reports have been designed in the context of the opportunities and challenges related to Aerospace Industry Research. Some of the latest Aerospace Industry Market Research reports include:
Aircraft Fuel Systems - Global Market Outlook (2017-2023):
http://www.strategymrc.com/report/aircraft-fuel-systems-market
Drone Payload - Global Market Outlook (2017-2023):
http://www.strategymrc.com/report/drone-payload-market
Airborne Fire Control Radar - Global Market Outlook (2017-2023):
http://www.strategymrc.com/report/airborne-fire-control-radar-market
Air Data Systems - Global Market Outlook (2016-2022):
http://www.strategymrc.com/report/air-data-systems-market-2016
Aircraft De-icing - Global Market Outlook (2016-2022):
http://www.strategymrc.com/report/aircraft-de-icing-market-2016
Aviation Fuel Additives - Global Market Outlook (2015-2022):
http://www.strategymrc.com/report/aviation-fuel-additives-market
At Stratistics Market Research, our reports on Aerospace market research focus on the niche products and services offered within Aerospace industry. Our core experts in Aerospace Market Research do publish various research reports and publications on rapid changes occurring in the field and possibilities in technological advancements. Finally, the future trends and prospects in the development of Aerospace Research reports are highlighted.
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