Press Releases by Category Aerospace & Defense
Aeroengine Composites Market Insights, Competitive Analysis, Latest Trends, And …
The aeroengine composites market size has grown rapidly in recent years. It will grow from $2.22 billion in 2023 to $2.6 billion in 2024 at a compound annual growth rate (CAGR) of 17.1%. The growth in the historic period can be attributed to weight reduction requirements, improved fuel efficiency demands, regulatory standards for emissions, increased emphasis on engine performance.
The aeroengine composites market size is expected to see rapid…
Unveiling Growth Opportunities in the Automotive Radar Market: Global Insights 2 …
The automotive radar market size has grown rapidly in recent years. It will grow from $5.94 billion in 2023 to $7.02 billion in 2024 at a compound annual growth rate (CAGR) of 18.0%. The growth in the historic period can be attributed to increased focus on vehicle safety and collision avoidance, adoption of advanced driver assistance systems (adas) in vehicles, growth in the demand for adaptive cruise control…
Automated Breach And Attack Simulation Market 2024 - By Size, Share, Growth Rate …
The automated breach and attack simulation market size has grown exponentially in recent years. It will grow from $0.51 billion in 2023 to $0.7 billion in 2024 at a compound annual growth rate (CAGR) of 36.8%. The growth in the historic period can be attributed to regulatory compliance requirements, shortage of skilled cybersecurity professionals, increased awareness of cyber risks, dynamic threat landscape, increased frequency of cyber attacks..
The automated…
Enhanced Vision System (EVS) Market Forecasted to Reach at Remarkable Pace by 20 …
Enhanced Vision System (EVS) Market research is an intelligence report with meticulous efforts undertaken to study the right and valuable information. The data which has been looked upon is done considering both, the existing top players and the upcoming competitors. Business strategies of the key players and the new entering market industries are studied in detail. Well explained SWOT analysis, revenue share and contact information are shared in this report…
Aircraft Maintenance Services Market looks to expand its size in Overseas Indust …
The latest study released on the global 'Aircraft Maintenance Services' market by AMA Research evaluates market size, trend, and forecast to 2030. The 'Aircraft Maintenance Services' market study covers significant research data and proofs to be a handy resource document for managers, analysts, industry experts and other key people to have ready-to-access and self-analyzed study to help understand market trends, growth drivers, opportunities and upcoming challenges and about the competitors.
Get…
Military Vetronics Market to Expand Significantly by 2024| Lockheed Martin, Saab …
The latest study released on the global 'Military Vetronics' market by AMA Research evaluates market size, trend, and forecast to 2030. The 'Military Vetronics' market study covers significant research data and proofs to be a handy resource document for managers, analysts, industry experts and other key people to have ready-to-access and self-analyzed study to help understand market trends, growth drivers, opportunities and upcoming challenges and about the competitors.
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Positive Material Identification Market Set to Reach $4.27 Billion by 2028, Driv …
The positive material identification market size has grown strongly in recent years. It will grow from $2.88 billion in 2023 to $3.12 billion in 2024 at a compound annual growth rate (CAGR) of 8.4%. The growth in the historic period can be attributed to safety and quality assurance, industrial expansion, metal processing and fabrication, aerospace and defense applications, oil and gas industry growth.
The positive material identification market size is expected…
Military Displays Market to Reach $1.57 Billion by 2028, Fueled by Energy-Effici …
The military displays market size has grown strongly in recent years. It will grow from $1.19 billion in 2023 to $1.26 billion in 2024 at a compound annual growth rate (CAGR) of 5.6%. The growth in the historic period can be attributed to increased demand for rugged displays, focus on soldier modernization, training and simulation systems, cybersecurity concerns, global defense expenditure.
The military displays market size is expected to see strong…
Satellite Manufacturing Market on Track to Hit $27.3 Billion by 2031, Per Allied …
Allied Market Research recently published a report, titled, "Satellite Manufacturing Market by Application (Communication, Earth Observation, Navigation, Space Observation, Others), by Satellite Type (LEO, MEO, GEO, Others), by Size (Small, Medium, and Large): Global Opportunity Analysis and Industry Forecast, 2021-2031". As per the report, the global satellite manufacturing industry was pegged at $16.2 billion in 2021, and is expected to reach $27.3 billion by 2031, growing at a CAGR of…
Rocket and Missile Market 2024 Report By Key Companies, Regional Analysis And Fo …
The rocket and missile market size has grown strongly in recent years. It will grow from $61.1 billion in 2023 to $65.49 billion in 2024 at a compound annual growth rate (CAGR) of 7.2%. The growth in the historic period can be attributed to military and defense expenditure, geopolitical tensions, arms race dynamics, space exploration initiatives, shift in warfare strategies, defense modernization programs.
The rocket and missile…
Glider Aircraft Market to Witness Huge Growth by 2030 | Schleicher, LAK, Aerospo …
The Glider Aircraft Market has witnessed continuous growth in the past few years and is projected to grow at a good pace during the forecast period of 2024-2030. The exploration provides a 360° view and insights, highlighting major outcomes of Glider Aircraft industry. These insights help business decision-makers to formulate better business plans and make informed decisions to improve profitability. Additionally, the study helps venture or emerging players in understanding…
Instrument Landing System Market Research Report, Future Trends And Deep Analysi …
The instrument landing system market size has grown strongly in recent years. It will grow from $1.7 billion in 2023 to $1.82 billion in 2024 at a compound annual growth rate (CAGR) of 6.8%. The growth in the historic period can be attributed to aviation safety improvements, regulatory compliance requirements, global air traffic growth, advancements in radio navigation, airport modernization projects, improved all-weather operations, military and civilian aviation integration.
The…
Commercial Aircraft Maintenance Market Growth Potential is Booming Now: Player N …
Commercial Aircraft Maintenance Market is the latest research study released by HTF MI evaluating the market risk side analysis, highlighting opportunities, and leveraging strategic and tactical decision-making support. The report provides information on market trends and development, growth drivers, technologies, and the changing investment structure of the Commercial Aircraft Maintenance Market. Some of the key players profiled in the study are Player Names, AAR Corp (United States), Aeroman (El Salvador),…
Homeland Security And Emergency Management Global Market Overview, Driving Facto …
The homeland security and emergency management market size has grown strongly in recent years. It will grow from $709.58 billion in 2023 to $767.25 billion in 2024 at a compound annual growth rate (CAGR) of 8.1%. The growth in the historic period can be attributed to global terrorism threats, natural disasters, critical infrastructure protection, increasing urbanization, public safety concerns.
The homeland security and emergency management market size is expected…
Small UAV Market Research Report: In-depth Analysis of Market Share, Size, and G …
The latest report published by Coherent Market Insights highlights the growth prospects of the Small Uav Market from 2024 to 2031. In-depth research on Industry Size, Share, Business Analysis, Growth Factors, and Regional Forecast. The market report gives a purposeful depiction of the area by the practice for research, amalgamation, market size, overview, and review of data taken from various sources. The market study includes information on market factors such…
More Electric Aircraft Market Key Trends, Insights, Analysis 2024-2033: A Compre …
The more electric aircraft market size has grown rapidly in recent years. It will grow from $2.86 billion in 2023 to $3.27 billion in 2024 at a compound annual growth rate (CAGR) of 14.6%. The growth in the historic period can be attributed to fuel efficiency demands, environmental regulations, advancements in power electronics, reduction in maintenance costs, enhanced aircraft performance, increased reliability and redundancy.
The more electric aircraft market…
Aircraft Health Monitoring System Market to See Stunning Growth: $7,273.84 Milli …
The global 𝐀𝐢𝐫𝐜𝐫𝐚𝐟𝐭 𝐇𝐞𝐚𝐥𝐭𝐡 𝐌𝐨𝐧𝐢𝐭𝐨𝐫𝐢𝐧𝐠 𝐒𝐲𝐬𝐭𝐞𝐦 𝐌𝐚𝐫𝐤𝐞𝐭 was valued at $3,580.02 million in 2020, and is projected to reach $7,273.84 million by 2030, growing at a CAGR of 7.65% from 2021 to 2030. The report provides a detailed analysis of changing market dynamics, top segments, value chain, key investment pockets, regional scenario, and competitive landscape.
𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐚𝐠𝐞𝐬 𝐍𝐨𝐰: https://www.alliedmarketresearch.com/request-sample/2361
Asia-Pacific dominates the market, in terms of revenue, followed by North America,…
Remote Weapon Station Global Market 2024 - By Size Latest Research, Industry Ins …
The remote weapon station market size has grown rapidly in recent years. It will grow from $11.96 billion in 2023 to $13.36 billion in 2024 at a compound annual growth rate (CAGR) of 11.7%. The growth in the historic period can be attributed to military modernization programs, enhanced situational awareness, focus on soldier safety, urban warfare considerations, counter-terrorism operations, deterrence and force projection.
The remote weapon station…
Pipe Coating Market Size, Share, Trends, Demand, Growth and Competitive Outlook
"Pipe Coating Market survey report analyses the general market conditions such as product price, profit, capacity, production, supply, demand, and market growth rate which supports businesses on deciding upon several strategies. Client or business can get aware of the impact of opportunities that are offered by the market and hence design sustainable and competitive strategies in times of rapid development. A range of definitions and classification of the Pipe Coating…
Military Unmanned Underwater Vehicles Market Research 2024 - Industry Analysis, …
The military unmanned underwater vehicles market size has grown rapidly in recent years. It will grow from $3.6 billion in 2023 to $4.03 billion in 2024 at a compound annual growth rate (CAGR) of 12.0%. The growth in the historic period can be attributed to strategic defense requirements, naval modernization initiatives, maritime border security, underwater mine countermeasures, environmental monitoring.
The military unmanned underwater vehicles market size is expected to…
Missile Seekers Market Report 2024: Analyzing Global Market Dynamics
The missile seekers market size has grown strongly in recent years. It will grow from $4.96 billion in 2023 to $5.34 billion in 2024 at a compound annual growth rate (CAGR) of 7.6%. The growth in the historic period can be attributed to military modernization programs, regional security concerns, export opportunities, rise in asymmetric warfare, counter-air and anti-ship operations, counter-ballistic missile systems.
The missile seekers market size is expected…
Naval Vessels And Surface Combatants Global Market Report 2024 - By Demand, Size …
The naval vessels and surface combatants market size has grown strongly in recent years. It will grow from $38.04 billion in 2023 to $39.97 billion in 2024 at a compound annual growth rate (CAGR) of 5.1%. The growth in the historic period can be attributed to naval power projection and deterrence, international cooperation and naval alliances, focus on multi-mission capabilities, modernization and fleet expansion programs, shifts in naval…
Military Embedded Systems Market Share, Opportunities Analysis, Recent Trends, R …
The military embedded systems market size has grown strongly in recent years. It will grow from $1.62 billion in 2023 to $1.78 billion in 2024 at a compound annual growth rate (CAGR) of 9.9%. The growth in the historic period can be attributed to advancements in microelectronics, global security challenges, demand for real-time data processing, cybersecurity concerns, evolution of unmanned systems.
The military embedded systems market size is expected…
Military Simulation And Training Market Trends, Surging Demand, Detailed Analysi …
The military simulation and training market size has grown strongly in recent years. It will grow from $12.56 billion in 2023 to $13.48 billion in 2024 at a compound annual growth rate (CAGR) of 7.3%. The growth in the historic period can be attributed to increased terrorism activities, increased defense spending, economy, investments from government bodies.
The military simulation and training market size is expected to see strong growth…
Hydrographic Survey Equipment Market Size is projected to reach $5.3 billion by …
The Hydrographic Survey Equipment industry holds great potential in the near future to the rise in the global maritime industry. The arrival of unmanned vehicles that can be remotely piloted and engagement of machine learning technologies to support complete autonomous operations notably impact the business dynamics. The introduction of a new product range by companies operating within the vertical that is cost-effective and can deliver comprehensive results through autonomous operations…
Aerospace Engineering Services Market to Surpass US$ 81.7 Billion by 2032, Fact. …
According to Fact.MR, a reputable provider of market research and competitive intelligence, the global Aerospace Engineering Services Market is poised to experience a Compound Annual Growth Rate (CAGR) of 5.8%, reaching a valuation of US$ 81.7 billion by the conclusion of 2033.
Aerospace Engineering Services are specialized engineering solutions focused on the design, development, and maintenance of aircraft and spacecraft. These services offer distinct advantages over alternatives due to their highly…
Global Business Jet Market Growth and Trends, 2023-2030
As per Triton's research report, the global business jets market is expected to progress with a CAGR of 4.05% during 2023-2030.
A recent study by Triton Market Research titled Global Business Jets Market comprises the Global Analysis and Forecasts by Industry Vertical (OEM, In-House, Third Party), Type (Super Mid-Sized Jets to Business Liners, Middle-Sized Jets, Small Jets), Engine Count (Double Engine, Three Engine, Single Engine), Part (Landing Gear Assemblies, Fuselage/Body, Jet…
Growing Yard Capabilities to Support Market Growth for Ship Recycling
According to a new market research report launched by Inkwood Research, the Global Ship Recycling Market is set to record a CAGR of 3.77% during the forecasting period, 2024-2032.
Refer to the Report Summary Here: https://inkwoodresearch.com/reports/ship-recycling-market/?utm_source=PaidPRNew&utm_medium=OpenPR&utm_campaign=InkwoodPR
This insightful market research report by Inkwood Research focuses on market trends, leading players, supply chain trends, technological innovations, key developments, and future strategies. The report covers all the aspects of this comprehensive market by assessing…
Ultralight Aircraft Market 2024-2031: Emerging Trends, Growth Opportunities, Gro …
The latest report published by Coherent Market Insights highlights the growth prospects of the Ultralight Aircraft Market from 2024 to 2031. In-depth research on Industry Size, Share, Business Analysis, Growth Factors, and Regional Forecast. The market report gives a purposeful depiction of the area by the practice for research, amalgamation, market size, overview, and review of data taken from various sources. The market study includes information on market factors such…
Connected Aircraft Market 2024-2033: Global Outlook, Industry Share, Latest Tren …
The connected aircraft market size has grown rapidly in recent years. It will grow from $6.82 billion in 2023 to $7.99 billion in 2024 at a compound annual growth rate (CAGR) of 17.1%. The growth in the historic period can be attributed to demand for operational efficiency, enhanced safety and situational awareness, rise in air passenger traffic, fuel efficiency and emissions reduction, government regulations and standards, increased aircraft…
Dynamic Positioning Systems Market Research Analysis 2024-2033 | Growth, Size, D …
The dynamic positioning systems market size has grown strongly in recent years. It will grow from $6.8 billion in 2023 to $7.32 billion in 2024 at a compound annual growth rate (CAGR) of 7.7%. The growth in the historic period can be attributed to marine exploration and offshore activities, offshore energy industry expansion, demand for precision and safety, increased deepwater exploration, commercial shipping requirements.
The dynamic positioning systems market…
Advanced Composite Materials Market Future Strategies and Growth Forecast till 2 …
The Advanced Composite Materials Market 2024 Report makes available the current and future technical and financial analysis of the industry. It is one of the most comprehensive and important additions to the USD Analytics archive of market research studies. It offers detailed research and analysis of key aspects of the global Advanced Composite Materials market. This global report explores the key factors affecting the growth of the dynamic Advanced Composite…
Airborne Sensors Market Report 2024 - Market Size, Growth Rate, Major Drivers An …
"The airborne sensors market size has grown strongly in recent years. It will grow from $10.04 billion in 2023 to $10.79 billion in 2024 at a compound annual growth rate (CAGR) of 7.5%. The growth in the historic period can be attributed to autonomous vehicles integration, air traffic management improvements, commercial uav integration, enhancements in hyperspectral imaging, military and defense demand.
The airborne sensors market size is expected to…
2024 Global Wireless In-Flight Entertainment Market Size, Share, Trends And Grow …
"The wireless in-flight entertainment market size has grown rapidly in recent years. It will grow from $1.85 billion in 2023 to $2.15 billion in 2024 at a compound annual growth rate (CAGR) of 15.8%. The growth in the historic period can be attributed to shift towards streaming services, consumer demand for connectivity, initial regulatory changes, rise in mobile device usage, evolving passenger expectations, competition among airlines..
The wireless in-flight…
2024 Global Wireless In-Flight Entertainment Market Size, Share, Trends And Grow …
"The wireless in-flight entertainment market size has grown rapidly in recent years. It will grow from $1.85 billion in 2023 to $2.15 billion in 2024 at a compound annual growth rate (CAGR) of 15.8%. The growth in the historic period can be attributed to shift towards streaming services, consumer demand for connectivity, initial regulatory changes, rise in mobile device usage, evolving passenger expectations, competition among airlines..
The wireless in-flight…
2024 Global Wireless In-Flight Entertainment Market Size, Share, Trends And Grow …
"The wireless in-flight entertainment market size has grown rapidly in recent years. It will grow from $1.85 billion in 2023 to $2.15 billion in 2024 at a compound annual growth rate (CAGR) of 15.8%. The growth in the historic period can be attributed to shift towards streaming services, consumer demand for connectivity, initial regulatory changes, rise in mobile device usage, evolving passenger expectations, competition among airlines..
The wireless in-flight…
Aircraft Engine Reliability Services Market Challenges and Forecasts: Size, Shar …
This high-level research report offers a panoramic view of the Aircraft Engine Reliability Services market from 2024 to 2032, analyzing key parameters including revenue, demand, and supply trends. Utilizing advanced tools like the Penetration Mapping Index and strategic frameworks like Porter's Five Forces Analysis, SWOT, PESTEL, and Ansoff Matrix, the report provides an insightful analysis of market attributes. Regional estimates, forecasts, and trend analyses for each country and region further…
Solar Airship Market Growth and Demand Trends: 2024-2032 Insights | Solar Ship, …
This comprehensive research report presents an overview of the Solar Airship market trends from 2024 to 2032, encompassing revenue, demand, and supply dynamics. Leveraging tools like the Penetration Mapping Index and strategic frameworks such as Porter's Five Forces Analysis, SWOT, PESTEL, and Ansoff Matrix, it offers insights into market attributes. Regional estimates, forecasts, and trend analyses for each country and region provide a nuanced understanding of the market landscape. Technological…
Aerospace Composite Recycling Services Market Forecasts and Statistics: Survey R …
This high-level research report offers a panoramic view of the Aerospace Composite Recycling Services market from 2024 to 2032, analyzing key parameters including revenue, demand, and supply trends. Utilizing advanced tools like the Penetration Mapping Index and strategic frameworks like Porter's Five Forces Analysis, SWOT, PESTEL, and Ansoff Matrix, the report provides an insightful analysis of market attributes. Regional estimates, forecasts, and trend analyses for each country and region further…
Aircraft MRO Tracking Software Market Trends and Business Growth: Top Key Player …
This comprehensive research report presents an overview of the Aircraft MRO Tracking Software market trends from 2024 to 2032, encompassing revenue, demand, and supply dynamics. Leveraging tools like the Penetration Mapping Index and strategic frameworks such as Porter's Five Forces Analysis, SWOT, PESTEL, and Ansoff Matrix, it offers insights into market attributes. Regional estimates, forecasts, and trend analyses for each country and region provide a nuanced understanding of the market…
Military Training Aircraft Market: 3 Bold Projections for 2024 | Emerging Player …
The Military Training Aircraft Market has witnessed continuous growth in the past few years and is projected to grow at a good pace during the forecast period of 2024-2030. The exploration provides a 360° view and insights, highlighting major outcomes of Military Training Aircraft industry. These insights help business decision-makers to formulate better business plans and make informed decisions to improve profitability. Additionally, the study helps venture or emerging players…
Aircraft Evacuation Market - A Comprehensive Study by Leading Key Players: Zodia …
The Aircraft Evacuation Market has witnessed continuous growth in the past few years and is projected to grow at a good pace during the forecast period of 2024-2030. The exploration provides a 360° view and insights, highlighting major outcomes of Aircraft Evacuation industry. These insights help business decision-makers to formulate better business plans and make informed decisions to improve profitability. Additionally, the study helps venture or emerging players in understanding…
Exploring the Global Refueling Aircraft Market: A Comprehensive Overview
The refueling aircraft market size has grown strongly in recent years. It will grow from $11.1 billion in 2023 to $11.78 billion in 2024 at a compound annual growth rate (CAGR) of 6.1%. The growth in the historic period can be attributed to military operations and conflicts, commercial aviation growth, global geopolitical changes, airline alliances and partnerships, fuel price fluctuations..
The refueling aircraft market size is expected to see…
Growth Prediction for the Global Military Communications Market, 2023-2030
As per Triton's analysis, the global military communications market is predicted to register a CAGR of 4.12% throughout the forecast period 2023-2030.
A recent study by Triton Market Research titled 'Global Military Communications Market' includes the Global Analysis and Forecasts by Component (Multimode Radio Links, Data Link Systems, Communication Systems, Radio, Phones, Other Components), by Communication Type (Ground-based Communication, Shipborne Communication, Underwater Communication, Airborne Communication, Air-Ground Communication), by Armed Force (Navy,…
Air Traffic Control Global Market Report 2024 - By Growth, Size, Share, Forecast …
The air traffic control market size has grown strongly in recent years. It will grow from $8.76 billion in 2023 to $9.3 billion in 2024 at a compound annual growth rate (CAGR) of 6.2%. The growth in the historic period can be attributed to modernization initiatives, air passengers growth, safety improvement, evolution of navigation systems, cost efficiency and optimization.
The air traffic control market size is expected to see…
Aircraft Line Maintenance Global Market Analysis, Trends, Growth, Research And F …
The aircraft line maintenance market size has grown strongly in recent years. It will grow from $21.16 billion in 2023 to $22.55 billion in 2024 at a compound annual growth rate (CAGR) of 6.6%. The growth in the historic period can be attributed to increasing air travel demand, stringent regulatory requirements, globalization of airline operations, outsourcing trends, airline profitability and competition, increasing complexity of aircraft systems.
The aircraft line…
Satellite Payload Market Share Reach US$ 17,603.4 Billion by 2030, Key Factors B …
𝐓𝐡𝐞 𝐠𝐥𝐨𝐛𝐚𝐥 𝐒𝐚𝐭𝐞𝐥𝐥𝐢𝐭𝐞 𝐏𝐚𝐲𝐥𝐨𝐚𝐝 𝐌𝐚𝐫𝐤𝐞𝐭 𝐰𝐚𝐬 𝐯𝐚𝐥𝐮𝐞𝐝 $𝟖,𝟐𝟏𝟎.𝟗 𝐦𝐢𝐥𝐥𝐢𝐨𝐧 𝐢𝐧 𝟐𝟎𝟐𝟎 𝐚𝐧𝐝 𝐢𝐬 𝐩𝐫𝐨𝐣𝐞𝐜𝐭𝐞𝐝 𝐭𝐨 𝐫𝐞𝐚𝐜𝐡 $𝟏𝟕,𝟔𝟎𝟑.𝟒 𝐛𝐢𝐥𝐥𝐢𝐨𝐧 𝐢𝐧 𝟐𝟎𝟑𝟎, 𝐫𝐞𝐠𝐢𝐬𝐭𝐞𝐫𝐢𝐧𝐠 𝐚 𝐂𝐀𝐆𝐑 𝐨𝐟 𝟖.𝟑%. Surge in adoption of small satellites, use of satellite payload in commercial applications, and technological advancements propel the growth of the global satellite payload market
𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐚𝐠𝐞𝐬 𝐍𝐨𝐰: https://www.alliedmarketresearch.com/request-sample/3098
Increase in adoption of small satellites, use of satellite payload in commercial applications, technological advancements, and rapidly…
Airport Supply Chain Management Market Share Analysis, Trends, Segmentation, And …
The airport supply chain management market size has grown rapidly in recent years. It will grow from $21.56 billion in 2023 to $24.04 billion in 2024 at a compound annual growth rate (CAGR) of 11.5%. The growth in the historic period can be attributed to regulatory changes, globalization, security concerns, economic trends, environmental concerns.
The airport supply chain management market size is expected to see rapid growth in the…
Airport Stands Equipment Market Report 2024-2033: Global Outlook, Growing Demand …
The airport stands equipment market size has grown strongly in recent years. It will grow from $2.21 billion in 2023 to $2.37 billion in 2024 at a compound annual growth rate (CAGR) of 7.2%. The growth in the historic period can be attributed to increased air traffic, focus on passenger experience, modularity in designs, safety features enhancement, adaptability to aircraft variability.
The airport stands equipment market size is expected…
Aircraft Health Monitoring Global Market Navigating Trends, Share Report, Growth …
The aircraft health monitoring market size has grown strongly in recent years. It will grow from $4.2 billion in 2023 to $4.61 billion in 2024 at a compound annual growth rate (CAGR) of 9.7%. The growth in the historic period can be attributed to continuous research and development, pilot feedback and incident analysis, flight data recorder development, improvements in communication systems, focus on reliability and maintenance planning.
The aircraft…
