The Africa aviation MRO market is anticipated to register a CAGR of 5.44% during the forecast period. - The African aviation industry lags compared to the rest of the world in terms of both aviation demand and supply. By the end of 2019, Africa has only 258 commercial aircraft on order, the least in the world. African fleet growth is...
The military aircraft rubber tanks market was valued at US$ 376.12 million in 2019 and is projected to reach US$ 564.67 million by 2027; it is expected to grow at a CAGR of 5.3% from 2020 to 2027. Governments as well as private and public companies are investing huge amounts in strengthening their military aircraft fleet for combat situations.Increasing...
The decoy flares market is expected to grow from US$ 1,172.84 million in 2019 to US$ 3,547.07 million by 2027; it is estimated to grow at a CAGR of 14.4% from 2020 to 2027. The upgrading of existing fighter jets is among the major factors fueling the adoption of the decoy flares market globally.In a recent Royal Thai Air Force white...
The aviation life rafts market was valued US$ 709.40 million in 2019 and is expected to reach US$ 1,524.52 million by 2027; it is estimated to grow at a CAGR of 9.9% during 2020–2027. The aircraft manufacturing industry is experiencing substantial growth owing to the growing demand for general aviation, commercial, and military aircraft worldwide....
The global aircraft market saw a year of turmoil in 2019 as the Boeing 737 MAX saga disrupted production from the commercial aircraft perspective. 2020 has dwarfed the woes of the previous year as the COVID-19 pandemic has thrashed through every facet of the sector, showing mercy to few. Most evaluations see the industry as a whole recovering...
The commercial aircraft avionics market is anticipated to register a CAGR of 16.08% during the forecast period. - The commercial aircraft avionics market is primarily dependent on the demand for new aircraft and upgrades of avionics for existing aircraft. The aviation industry is growing, and the procurement of new aircraft is being...
The aircraft weighing system market is expected to grow at US$ 102.76 million in 2019 and is projected to reach US$ 133.03 million by 2027; it is expected to grow at a CAGR of 4.2% from 2020 to 2027. Aircraft such as wide-body, narrow-body, and general aviation are engineered and certified to operate within certain weight range, and balance...
The Asia-Pacific helicopters market is anticipated to register a CAGR of 10.97% during the forecast period (2020 - 2025). - The demand for helicopters is anticipated to experience substantial growth during the forecast period, primarily due to their broad application base, especially in the civil and commercial sectors. Helicopters...
Aircraft Cabin Lighting Market Research Report by Component (Electronics & Sensors and Light Source), by Aircraft (Business Jet, Narrow Body Aircraft, Regional Transport Aircraft, Very Large Aircraft, and Wide Body Aircraft), by Light , by Class, by Exterior Light, by End User - Global Forecast to 2025 - Cumulative Impact of COVID-19 Market...
The maritime patrol aircraft market is anticipated to register a CAGR of over 3% during the forecast period. - The increasing threat of terrorism and border issues have led the countries to focus on strengthening their maritime surveillance, which may propel the demand for maritime patrol aircraft during the forecast period. - The...