According to  Fortune Business Insights™ , the global   aircraft fairing market  was valued at  USD 1.41 billion in 2020  and is projected to grow from  USD 1.46 billion in 2021  to  USD 2.60 billion by 2028 , exhibiting a  CAGR of 8.59%  during the 2021–2028 forecast period. The market growth is driven by the increasing demand for aerostructures that enhance aerodynamic efficiency, reduce drag, and improve the aesthetic design of aircraft.

Aircraft fairings play a crucial role in covering gaps and structural components, thereby minimizing both form drag and interference drag. As air traffic continues to rise globally, airlines are increasingly investing in lightweight and performance-optimized aircraft, which in turn is propelling the demand for advanced fairing systems.

Key Players Operating in the Aircraft Fairing Market

• Malibu Aerospace (U.S.)
• FACC AG (Austria)
• Daher (France)
• NORDAM (U.S.)
• Airbus (France)
• Boeing (U.S.)
• Avcorp (Canada)
• Barnes Group (U.S.)
• Royal Engineered Composites (U.S.)
• Fiber Dynamics Inc. (U.S.)
• FDC Composites (Canada)
• Kaman Aerosystems (U.S.)
• SAAB AB (Sweden)
• Lockheed Martin (U.S.)
• Shin Maywa (Japan)
• Strata Manufacturing (UAE)

Source:

https://www.fortunebusinessinsights.com/aircraft-fairings-market-105857

Market Segmentation

By Platform

• Commercial, Military, Regional, and General Aviation
  The aircraft fairing market is segmented by platform into commercial, military, regional, and general aviation. Among these, the  commercial aviation segment  holds the dominant share due to the rising demand for fuel-efficient aircraft and increased global air passenger traffic. Military applications are also significant, driven by growing defense budgets and modernization initiatives across various nations.

By Application

• Fuselage, Engine, Control Surfaces, Radars & Antenna, Landing Gear
  Based on application, the market is divided into fuselage, engine, control surfaces, radars and antenna, and landing gear.  Fuselage and engine fairings  account for a substantial portion of the market, primarily due to their role in reducing drag and protecting aircraft systems. Control surface fairings and landing gear enclosures are gaining popularity for enhancing aerodynamic efficiency.

By Material

• Aluminum, Composite, and Alloys
  In terms of material, the market includes aluminum, composite, and alloy-based fairings.  Composite materials  are increasingly favored due to their lightweight nature, high strength, and corrosion resistance, making them ideal for modern aircraft. Aluminum and alloys continue to be used in legacy systems and cost-sensitive applications.

By Region

• North America, Europe, Asia Pacific, Rest of the World
  Geographically, the market is segmented into North America, Europe, Asia Pacific, and the Rest of the World.  North America  leads due to the presence of key aircraft OEMs, extensive commercial fleets, and established aerospace infrastructure.  Europe  follows with strong R&D investment and global players like Airbus. Meanwhile,  Asia Pacific  is emerging rapidly, supported by expanding aviation infrastructure and growing air travel demand in countries like China and India.

Drivers & Restraints

Rising Demand for Composite Aerostructures to Drive Growth

The aircraft fairing market is experiencing significant growth due to the rising demand for  lightweight composite materials  in aircraft construction. These materials reduce overall aircraft weight while maintaining strength, improving fuel efficiency, and ensuring better performance. Additionally, the expansion of  short runway operations ,  low-cost carriers , and  increased commercial aircraft deliveries  are further boosting market growth.

Order Backlogs Pose a Challenge

Despite the strong demand, the market faces challenges such as  backlogs in aircraft production . The delay in fulfilling existing orders can limit the short-term growth potential of aircraft fairing manufacturers.

Regional Insights

North America – Largest Market Share

North America held the dominant market position in 2020 and is expected to maintain this lead during the forecast period. This is due to the  presence of major OEMs ,  large commercial fleets , and  a strong manufacturing ecosystem  in the U.S. and Canada.

Europe – Technological Advancements and R&D Investments

Europe is anticipated to see significant market contributions due to  increased investments in research & development ,  sustainable aviation technologies , and the presence of key players such as Airbus and Daher.

Asia Pacific – Fastest Growing Region

Asia Pacific is projected to register the fastest growth, driven by a  rapidly expanding aviation sector ,  rising air passenger traffic , and growing investments in regional aircraft programs. Countries like China and India are heavily investing in aerospace manufacturing capabilities.

Competitive Landscape

The market is highly competitive, with leading players focusing on  product development ,  strategic collaborations , and  capacity expansion . Companies are investing in  automated manufacturing lines ,  composite integration , and  regional expansions  to strengthen their global presence.

Key Industry Developments

• February 2021 : Boeing announced the expansion of its Hyderabad, India facility to include a new production line for manufacturing the vertical fin of the 737 MAX aircraft.
• December 2021 : Airbus completed the final structural assembly of the A321XLR test aircraft, including testing of  door fairings  and  landing gear retraction systems  as part of its quality validation process.

According to Fortune Business Insights, the global   digital shipyard market   was valued at USD 963.6 million in 2020 and is projected to grow from USD 1,129.6 million in 2021 to USD 3,444.5 million by 2028, exhibiting a CAGR of 17.27% during the forecast period. Asia Pacific led the global market in 2020 with a 33.55% share, driven by the dominance of major shipbuilding nations such as South Korea, China, and Japan.

The digital shipyard refers to the integration of Industry 4.0 technologies into the design, production, and maintenance of marine vessels. These shipyards utilize advanced systems including the Internet of Things (IoT) and Cyber-Physical Systems (CPS) to modernize and optimize shipbuilding operations. Key tools such as 3D modeling, 3D scanning, 3D printing, and digital twin technologies are widely implemented to enhance manufacturing precision, reduce errors, and improve lifecycle management.

The growing global demand for modernization in shipbuilding processes, increased adoption of automation, and the need for faster and more cost-efficient ship construction are expected to significantly boost market growth in the coming years.

Fortune Business Insights™ presents this data in its report titled “Global Digital Shipyard Market, 2024–2032.”

Key Companies in the Digital Shipyard Market:

• IFS AB (Sweden)
• Pemamek Oy (Finland)
• Dassault Systèmes (France)
• BAE Systems (UK)
• Altair Engineering Inc. (US)
• AVEVA Group Plc. (UK)
• Wärtsilä (Finland)
• KUKA AG (Germany)
• Damen Shipyards Group (Netherlands)
• Prostep AG (Germany)

Source:

https://www.fortunebusinessinsights.com/digital-shipyard-market-106561

Key Market Segmentation:

1. By Shipyard Type – Commercial Segment Leads

Commercial shipyards held the largest market share in 2020. This dominance is attributed to the increasing volume of global maritime trade, which drives demand for new vessel construction. As more shipping companies expand their fleets, the need for digitalization in commercial shipyards has grown to improve efficiency, reduce production time, and meet rising demand.

2. By Technology Platform – Robotic Process Automation Dominates

Robotic Process Automation (RPA) emerged as the leading technology platform in 2020. Its wide adoption is driven by the need to automate critical shipbuilding tasks such as welding, cutting, painting, and assembly. This automation helps shipyards increase productivity while reducing labor costs and errors. Other key technologies gaining traction in digital shipyards include additive manufacturing, artificial intelligence (AI), big data analytics, Industrial Internet of Things (IIoT), digital twin, and blockchain — all contributing to smarter and faster shipbuilding processes.

3. By Digitalization Level – Fully Digital Shipyards to Grow Fastest

Semi-digital shipyards represented the largest market segment in 2020. This is due to a gradual shift by many shipbuilders towards modernization through partial automation and software integration. However, fully digital shipyards are expected to register the fastest growth over the forecast period. This surge is fueled by the increasing use of cutting-edge technologies like augmented reality (AR), IIoT, and digital twins, enabling advanced monitoring, simulation, and process optimization in shipbuilding.

Growth Drivers:

1. Rising Adoption of Industrial Internet of Things (IIoT)

The increasing deployment of Industrial Internet of Things (IIoT) in shipbuilding is significantly enhancing operational efficiency, reducing equipment downtime, and enabling real-time decision-making. By integrating IIoT with machine learning and big data, digital shipyards can optimize processes, improve safety, and streamline production, making it a major driver of market growth.

2. Digital Transformation Initiatives by Leading Shipbuilders

Global shipbuilders are investing in digital solutions to modernize their operations. For instance, Navantia, a prominent European shipbuilding company, has partnered with Siemens Digital Industries Software to fully digitalize its shipbuilding process. Such initiatives reflect a broader industry trend towards digital transformation, driving the adoption of digital shipyard technologies worldwide.

3. Growing Use of Robotics and Automation

Major shipbuilding companies like Hyundai Heavy Industries, Samsung Heavy Industries, and Daewoo Shipbuilding & Marine Engineering are increasingly integrating robotic technologies into their manufacturing lines. These include welding, painting, cutting, and assembling operations, which not only speed up production but also reduce labor costs and increase precision. The rising focus on automation is playing a pivotal role in the expansion of the digital shipyard market.

Market Restraints:

1. High Capital Investment Requirements

The digital transformation of shipyards requires substantial upfront investment in advanced hardware, software platforms, integration services, and ongoing maintenance. For small and medium-sized shipbuilders, these high costs can be a significant barrier to entry. The initial financial burden includes not just the cost of equipment, but also training, infrastructure upgrades, and system integration.

2. Limited Adoption in Cost-Sensitive Regions

Due to the high capital expenditure and longer return-on-investment cycles, many shipbuilders in developing or cost-sensitive regions are hesitant to adopt digital technologies. These financial constraints delay the digitalization process, especially among smaller players that operate with low production volumes and tighter margins.

Regional Insights:

1. Asia Pacific – Leading the Global Market

Asia Pacific dominates the digital shipyard market, primarily due to its overwhelming share in global ship production. Approximately 90% of the world’s cargo ships are built in South Korea, Japan, and China. The strong presence of major shipbuilding companies, combined with government support and technological advancements, positions the region as the global hub for digital shipyard development and innovation.

2. Europe – Advancing with Automation

Europe is experiencing steady growth in the digital shipyard market, driven by the increasing adoption of robotics and automated manufacturing technologies. European shipbuilders are investing in advanced systems to enhance productivity and competitiveness. The region’s focus on industrial modernization and sustainability is also fostering the integration of digital tools into shipbuilding operations.

3. North America – Growth Driven by R&D

North America is projected to witness consistent market growth, fueled by strong research and development initiatives. Companies like Altair Engineering are leading efforts to implement cutting-edge digital technologies in shipyard operations. This focus on innovation and digital infrastructure is enabling gradual yet impactful transformation across the region’s shipbuilding sector.

Recent Industry Developments:

• In June 2021, Drydocks World launched a digital transformation initiative aimed at boosting operational efficiency. The company announced its adoption of IFS Cloud to streamline asset management and resource planning, strengthening its infrastructure and paving the way for a full transition to a digital shipyard.

According to Fortune Business Insights, the global   military antenna market   size was valued at USD 4.05 billion in 2023 and is projected to grow from USD 4.32 billion in 2024 to USD 7.77 billion by 2032, exhibiting a CAGR of 7.6% during the forecast period. North America dominated the market in 2023 with a share of 37.53%, with the U.S. market expected to reach USD 2,152.9 million by 2032, driven by the increasing demand to replace conventional equipment with technologically advanced military communication systems.

An antenna is a device that utilizes a transformer to convert radio frequency (RF) signals into alternating current (AC), playing a critical role in military communication and surveillance systems. The global market is primarily driven by two major factors: rising military expenditures and the growing adoption of multi-function radar systems across defense forces.  Fortune Business Insights™  presents this information in its report titled  “Global Military Antenna Market, 2024–2032.”

Major Players Profiled in the Market Report:

• Antcom Corporation (U.S.)
• Cobham Advanced Electronic Solutions (U.K.)
• Comrod Communication AS (Norway)
• Eylex Pty Ltd. (Australia)
• Hascall-Denke (U.S.)
• L3Harris Technologies Ltd. (U.S.)
• Lockheed Martin Corporation (U.S.)
• MTI Wireless Edge Ltd. (Israel)
• Raytheon Technologies Corporation (U.S.)
• Rohde & Schwarz GmbH & Co KG (Germany)
• Terma A/S (Denmark)

Source:

https://www.fortunebusinessinsights.com/industry-reports/military-antenna-market-101824

Segments:

Lower Costs and Diverse Military Applications Propel High-Frequency Band-based Systems

Based on frequency, the market is classified into high frequency, ultra high frequency, super high frequency, and extremely high frequency.
In 2022, the high-frequency segment played a significant role in driving the market growth of military antennas. This can be attributed to the relatively lower cost associated with high-frequency band-based systems and their various military applications, including surveillance and combat.

Rising Demand for Remote Sensing and Defense Radar Applications Fuels Array Antenna Segment Growth

Based on type, the market is segmented into slot antennas, dipole antennas, array antennas, traveling wave antennas, and loop antennas.
During the forecast period, the array antenna segment is projected to exhibit a substantial CAGR. This growth can be attributed to the rising demand for remote sensing and defense radar applications, which heavily rely on array antennas.

Airborne Segment Poised for Robust Growth due to Demand for Next-Gen Fighter Aircraft

Based on platform, the market is divided into ground, airborne, and marine. The airborne segment is expected to experience significant growth at a substantial CAGR during the forecast period in military antennas. This growth can be attributed to the rising demand for next-generation fighter aircraft equipped with advanced antenna-based systems, particularly in developed and emerging economies.

Rising Demand for Advanced Radar and Antenna Systems Drives Electronic Warfare Segment

By application, the market is categorized into SATCOM, communications, surveillance, electronic warfare, and telemetry. The electronic warfare segment is expected to exhibit significant CAGR during the forecast period. This growth is primarily driven by the increased demand for advanced military radar and antenna systems.

From the regional ground, the market is segmented into North America, Europe, Asia Pacific, and Rest of the World.

Report Coverage

This all-encompassing market research report provides an exhaustive evaluation, delving into crucial aspects such as prominent enterprises, diverse product categories, the surveillance electronic warfare sector, and the vital application of antennas in the electronic military surveillance system. Moreover, the report furnishes an insightful depiction of prevailing market trends and illuminates noteworthy advancements within the industry. Furthermore, it meticulously examines multiple factors that have exerted an influence on the military antenna market growth trajectory in recent times.

Drivers and Restraints

Increasing Bandwidth Demand and Technological Advancements Drive Satellite Communication Needs

Satellite communications play a vital role in integrating existing communication and intelligence architectures by leveraging satellite-based systems. With increasing usage demands and rapid technological advancements, there has been a significant surge in the need for bandwidth to meet the growing requirements of communication systems.

However, the R&D, integration, and high maintenance expenses pose obstacles to military antenna market share.

Regional Insights

North America to Lead with U.S. Military Dominance and Increased Defense Budgets

North America dominated the market in 2022. This growth can be attributed to factors such as U.S. military dominance, augmented investment in development and testing activities, and increased budget allocations for defense purposes.

Asia Pacific is projected to experience the highest CAGR driven by the increasing military expenditures by countries such as India and China.

Competitive Landscape

Companies Pursue Technological Innovation and Government Partnerships for Market Success

The military antenna industry is characterized by fragmentation, with numerous companies involved in the design and construction of antennas. These companies strive to develop technologically advanced products and establish robust partnerships with governments in both developed and developing countries.

Key Industry Development

• 
  

  January 2023 –   CAES announced that Northrop Grumman secured a contract worth over USD 24 million to deliver M-Code GPS antennas in support of Precision Guidance Kit (PGK) systems.

• 
  

  July 2022 –   MDA Ltd. received a contract from York Space Systems to develop Ka-Band steerable satellite antennas. The project aims to enhance space security and communications constellations, with completion expected within 24 months.

According to Fortune Business Insights, the global   defense cyber security market   size was valued at USD 16.45 billion in 2023 and is expected to grow from USD 19.14 billion in 2024 to USD 63.38 billion by 2032, registering a CAGR of 16.1% during the forecast period.

What is Defense Cyber Security?

Defense cyber security involves solutions that detect, monitor, and respond to cyber threats targeting military systems and sensitive infrastructure. These systems safeguard classified data from threats like malware, phishing, and spyware attacks.

Key Players:

• 
  

  Lockheed Martin Corporation (U.S.)

• 
  

  The Thales Group (France)

• 
  

  BAE Systems plc (U.K.)

• 
  

  General Dynamics (U.S.)

• 
  

  Northrop Grumman Corporation (U.S.)

• 
  

  Raytheon Technologies (U.S.)

• 
  

  Booz Allen Hamilton (U.S.)

• 
  

  Leonardo (Italy)

• 
  

  Leidos (U.S.)

• 
  

  L3Harris Technologies (U.S.)

These companies are focused on product innovation, cyber infrastructure modernization, encryption technologies, zero-trust frameworks, and global expansion through strategic partnerships.

Source:

https://www.fortunebusinessinsights.com/defense-cyber-security-market-105139

Market Segmentation:

By solution , the cyber threat protection segment emerged as the leading contributor to market share. The growing need for advanced cybersecurity systems that can defend against highly specialized attacks such as malware infiltration, phishing attempts, and service disruptions has significantly boosted the demand for technologies like firewalls, sandboxing, Transport Layer Security (TLS)/Secure Sockets Layer (SSL) inspection, and browser isolation tools. Governments and military agencies are prioritizing threat prevention strategies to maintain operational continuity and safeguard sensitive defense infrastructure.

Based on type , application security is expected to witness the highest growth rate during the forecast period. With the increasing deployment of mission-critical defense software and connected platforms, application security has become essential to preventing unauthorized access, code manipulation, and data breaches. Military-grade applications now require layered authentication protocols, encryption, secure logging, and rigorous security testing to ensure system integrity and operational reliability in both peacetime and conflict zones.

By end user , the land forces segment accounted for the largest market share in 2023, as governments worldwide allocated substantial portions of their cyber defense budgets toward ground-based operations. This includes the protection of mobile command centers, tactical communication systems, and land vehicle networks. The rise in modern land warfare technologies and increased dependency on digital battlefield solutions have made cybersecurity a top priority for national defense authorities.

Key Market Drivers:

1. Rising Cyber Threats in Defense

Cyber-attacks targeting defense sectors have surged in recent years. As per Forbes, the volume of global cyber-attacks increased by  38% in 2022 . Government and military sectors faced over  1,600 weekly attacks  on average.

2. Increased Digital Transformation in Military Operations

Digital modernization, including AI, cloud adoption, and automation, is expanding across military forces globally. In FY 2024, the  U.S. Department of Defense allocated USD 13.5 billion  to strengthen cyber capabilities under the Digital Modernization Strategy.

3. Strategic Investments in Cyber Capabilities

Nations like the U.S., China, Australia, and EU members are investing heavily in cyber defense infrastructure. Collaboration between defense organizations and cybersecurity vendors is further supporting market growth.

Restraint:

Talent Shortage and Training Costs

There’s a growing skills gap in cyber security talent. Constant evolution in cyberattack methods requires continuous training, which increases costs and limits immediate scalability.

Regional Insights:

North America:

Held the largest share in 2023 (USD 7.47 billion) and will continue to dominate, supported by the presence of major players like  Lockheed Martin, Northrop Grumman, Raytheon, and General Dynamics .

Asia Pacific:

Ranks second, led by increasing cyber defense spending in  China, Japan, and Australia . Collaborative initiatives like  Five Eyes  and CERT cooperation enhance regional security infrastructure.

Europe:

Market growth is fueled by increasing threats post Russia-Ukraine war. EU’s Cyber Defense Policy and cyber drills (e.g., Italy’s MoD penetration testing) highlight the continent’s proactive approach.

Rest of the World:

Moderate growth anticipated with initiatives in  UAE, Israel, Brazil, and Saudi Arabia . For example, in 2023, UAE-based DTS acquired Beyon Cyber to strengthen cyber capabilities.

Key Industry Development:

• 
  

  June 2023 –   Leonardo showcased advanced technology platforms for protecting critical naval infrastructure from physical and cyber threats. The company highlighted networked solutions that integrate data from both fixed and mobile sensors to support next-gen control rooms.

• 
  

  April 2023 –   Thales launched SCRED, a three-year collaborative project involving 11 French companies and organizations, focused on developing a unified platform for cyber threat intelligence targeting both government and corporate sectors.

According to Fortune Business Insights™, the global   armored vehicle market   size was valued at USD 22.28 billion in 2023 and is projected to reach USD 23.73 billion in 2024. The market is expected to grow significantly and reach USD 37.85 billion by 2032, exhibiting a CAGR of 6.0% during the forecast period (2024–2032). Market growth is primarily driven by the introduction of advanced military technologies such as reactive armor, programmable ammunition, and sophisticated autoloaders. Additionally, the rising demand for next-generation military vehicles equipped with advanced weaponry systems is expected to further accelerate market development.

Key Companies Profiled in the Report:

• 
  

  BAE Systems (U.K.)

• 
  

  General Dynamics Corporation (U.S.)

• 
  

  Rheinmetall AG (Germany)

• 
  

  Krauss-Maffei Wegmann GmbH (Germany)

• 
  

  Denel SOC Ltd (South Africa)

• 
  

  IVECO Defence Vehicles (Italy)

• 
  

  Norinco (China)

• 
  

  Oshkosh Defense, LLC, an Oshkosh Corporation Company (U.S.)

• 
  

  Otokar, a KOC Group Company (Turkey)

• 
  

  Textron Systems (U.S.)

Source:

https://www.fortunebusinessinsights.com/industry-reports/armored-vehicle-market-101817

Market Segmentation Insights:

• 
  

  By Platform:  The combat vehicles segment is anticipated to dominate the armored vehicle market. This growth is fueled by the increasing focus on infantry mechanization and modernization programs across both developed and developing nations, aimed at enhancing combat readiness and troop mobility.

• 
  

  By Propulsion:  The conventional propulsion segment led the market in 2022. Its dominance is attributed to the continuation of military modernization programs globally, especially amid geopolitical tensions such as the Russia-Ukraine war and rising civil unrest, which are prompting urgent procurement of conventional armored platforms.

• 
  

  By Mobility:  Wheeled armored vehicles captured the largest share in 2022 and are projected to experience the fastest growth rate. Their high operational versatility makes them ideal for special missions, border security, troop transport, command and control tasks, and medical evacuation operations, driving their widespread adoption.

• 
  

  By System:  The drive systems segment emerged as the leading category in 2022 and is expected to maintain its dominance. This is primarily due to the increasing military demand for technologically advanced mobility solutions, offering superior vehicle handling, control, and reliability in complex terrains.

• 
  

  By Solution:  The retrofit segment is expected to grow at the highest CAGR over the forecast period. This growth is largely supported by the global shift toward license-based production and the upgrading of existing vehicle fleets to meet current battlefield requirements without incurring the cost of complete replacements.

• 
  

  By Region:  

  North America  holds the leading share in the global market, driven by substantial defense spending by the U.S. government and the presence of major OEMs such as General Dynamics, Oshkosh Defense, and Textron Systems. The region continues to invest in both new acquisitions and upgrades of armored platforms.

  
  

  Europe  ranks second in regional market share, largely propelled by the surging demand for main battle tanks and armored vehicles amid the ongoing Russia-Ukraine conflict, prompting European nations to ramp up defense procurement and fleet expansion.

  
  

Market Drivers and Challenges:

Drivers:

• 
  

  Increasing instances of asymmetric warfare —conflicts where weaker opponents use unconventional methods and weapons—are fueling the demand for advanced armored vehicles globally.

• 
  

  Military modernization and strategic defense investments across various nations are boosting vehicle procurement.

Restraints:

• 
  

  The market faces potential challenges from  mechanical and electrical failures  associated with armored vehicle systems, which can hinder operational performance and increase maintenance costs.

Competitive Landscape:

The global armored vehicle market is highly competitive, with several key players focusing on innovative and technologically advanced products. Companies like BAE Systems, Rheinmetall AG, General Dynamics, and Oshkosh Defense are investing heavily in R&D and forming partnerships with governments to expand their defense portfolios.

Recent Industry Development:

• 
  

  In  February 2023 , A.M. General was awarded a contract by the U.S. Army Contracting Command at Detroit Arsenal to produce 20,000 Joint Tactical Vehicles and approximately 10,000 trailers for the U.S. Armed Forces. Although the total contract value was undisclosed, this move is a major step in modernizing tactical ground mobility for the U.S. military.

According to  Fortune Business Insights™ , the global   airborne optronics market   size was valued at  USD 2.03 billion in 2023  and is projected to grow from  USD 2.53 billion in 2024  to  USD 4.96 billion by 2032 , exhibiting a  CAGR of 8.8%  during the forecast period (2024–2032). In 2023,  North America led the market with a 34.98% share , driven by high defense spending and the strong presence of major aerospace and defense companies. These insights are highlighted in the report titled  “Airborne Optronics Market, 2024–2032.”

What is Airborne Optronics?

Airborne optronics refers to the integration of  optical and electronic systems  in manned and unmanned aerial platforms to enhance  surveillance ,  targeting ,  navigation , and  reconnaissance  capabilities. These systems commonly include  infrared sensors ,  laser rangefinders ,  digital imaging modules , and  AI-powered processors , offering high-resolution, real-time data that improves mission efficiency, safety, and situational awareness.

Key Companies Profiled

• 
  

  L3Harris Technologies (U.S.)

• 
  

  Safran (France)

• 
  

  Elbit Systems (Israel)

• 
  

  Hensoldt AG (Germany)

• 
  

  Northrop Grumman (U.S.)

• 
  

  Lockheed Martin (U.S.)

• 
  

  Collins Aerospace (U.S.)

• 
  

  FLIR Systems (U.S.)

• 
  

  Thales (France)

• 
  

  Leonardo S.p.A. (Italy)

Source:

https://www.fortunebusinessinsights.com/airborne-optronics-market-108108

Market Segmentation Highlights

• 
  

  By Aircraft Type:
  The fixed wing segment held the largest share of the market in 2023, primarily due to its widespread use in ISR (Intelligence, Surveillance, and Reconnaissance) operations. These aircraft offer extended endurance and high payload capacity, making them ideal platforms for advanced optronics integration. Rotary wing platforms are also gaining adoption for close-range missions such as search and rescue and tactical surveillance. Urban Air Mobility (UAM) is an emerging segment where compact and lightweight optronics will be crucial for navigation and safety in urban skies. Unmanned Aerial Vehicles (UAVs) are experiencing rapid growth, driven by defense and border security demands for EO/IR-equipped drones.

• 
  

  By Application:
  The military segment dominated the airborne optronics market in 2023, supported by global defense modernization efforts and increasing investment in targeting, reconnaissance, and mission-support systems. The commercial segment is expanding steadily, particularly in civil aviation, infrastructure inspection, and aerial data services. Meanwhile, the space segment, though relatively smaller, is gaining attention for its role in Earth observation, scientific monitoring, and satellite payload systems.

• 
  

  By Technology:
  Multispectral technology led the market in 2023 due to its affordability, reliable performance, and ability to capture data across several spectral bands, making it highly suitable for both military and border surveillance applications. Hyperspectral imaging is emerging as a high-potential technology, offering enhanced material detection and image clarity. Its applications are expanding in precision targeting, environmental monitoring, and resource mapping, particularly in specialized defense and research missions.

Market Drivers

• 
  

  Rising UAV Deployment:  Increasing use of UAVs across defense and border control missions is accelerating the demand for EO/IR-based optronics systems with enhanced imaging and target acquisition functions.

• 
  

  Global Defense Modernization:  Countries are investing in advanced optronics systems embedded with AI, miniaturization, and improved optics to support next-gen aircraft fleets.

• 
  

  Strategic Partnerships:  For instance,  Safran Electronics & Defense  signed a key contract with  Leonardo S.p.A.  to supply  Euroflir 610 optronics systems  for the Eurodrone, strengthening Europe’s ISTAR capabilities.

Regional Insights

• 
  

  North America:  Dominates the market owing to strong defense spending, technological superiority, and programs like the U.S. Air Force’s ISR modernization.

• 
  

  Europe:  Continues to see steady growth with investments from countries like France, Germany, and the U.K. in military drone and combat aircraft programs.

• 
  

  Asia Pacific:  Expected to witness the fastest growth due to rising defense budgets in  India ,  China , and  Japan , along with domestic manufacturing initiatives and UAV adoption.

Competitive Landscape

Leading players are focused on:

• 
  

  R&D investments  in multispectral and hyperspectral sensors

• 
  

  AI integration  for automated image processing

• 
  

  Compact system designs  for lightweight UAVs

• 
  

  Strategic mergers, acquisitions, and partnerships

These strategies are enabling players to expand their product portfolios and strengthen their global presence.

Recent Development

• 
  

  May 2024  – The  U.S. Air Force  awarded  Sierra Nevada Corporation (SNC)  a  multibillion-dollar contract  to upgrade the  E-4B “Nightwatch”  aircraft, a critical C3 platform. This deal highlights the rising significance of airborne optronics in next-gen mission systems and secure command networks.

According to Fortune Business Insights™, the global   anti-jamming market   size was valued at USD 4.29 billion in 2023 and is projected to grow from USD 4.83 billion in 2024 to USD 11.10 billion by 2032, exhibiting a CAGR of 12.61% during the forecast period. North America dominated the market with a 34.42% share in 2023, driven by the high demand for space-based anti-jamming solutions. The increasing deployment of GPS jammers during military exercises and in war zones, coupled with the growing adoption of UAVs in the defense sector, is expected to significantly drive market growth. These insights are presented in the report titled  “Anti-Jamming Market, 2024–2032.”

List of Key Players Profiled in the Report:

• 
  

  BAE Systems (U.K.)

• 
  

  Furuno Electric (Japan)

• 
  

  Hexagon AB (Canada)

• 
  

  Cobham (U.K.)

• 
  

  Israel Aerospace Industries (Israel)

• 
  

  L3Harris Technologies Inc. (U.S.)

• 
  

  Lockheed Martin (U.S.)

• 
  

  Raytheon Technologies Corporation (U.S.)

• 
  

  ST Engineering (Singapore)

• 
  

  Thales (France)

Source:

https://www.fortunebusinessinsights.com/anti-jamming-market-102594  

Market Segmentation:

By Platform:
The  airborne segment  is expected to dominate the anti-jamming market, driven by the increasing deployment of satellites by both developed and developing countries. The  land ,  naval , and  space  segments also contribute to market growth, supported by growing investments in military modernization and satellite communication infrastructure.

By Receiver Type:
The  military and government grade  segment is projected to be the fastest-growing, fueled by rising demand for secure and resilient communication in defense operations. The  commercial transportation grade  segment is also gaining traction with the increasing adoption of anti-jamming solutions in commercial aviation and logistics.

By Technique:
The  nulling system  is expected to register the highest CAGR during the forecast period due to its broad applicability and advanced interference mitigation capabilities across multiple platforms. Other key techniques include the  beam steering system  and  excision system , which are also being adopted for their specialized anti-jamming performance in dynamic environments.

By Application:
The  position, navigation, and timing (PNT)  segment held the largest market share in 2023, driven by the growing use of anti-jamming devices in UAVs and commercial aircraft. Other major applications include  flight control ,  surveillance and reconnaissance ,  targeting ,  casualty evacuation , and  others , all of which are increasingly relying on robust navigation and communication systems to ensure mission success.

Drivers and Restraints:

Rising Application of GPS Jammers Fuels Market Growth
The increasing use of GPS jammers during military exercises and in active war zones is a major factor driving market demand. For instance, in April 2022, the Civil Aviation Authority of France reported satellite navigation jamming by Russian forces near the Black Sea. Moreover, the growing demand for UAVs in military applications, driven by advancements in drone technology—such as miniaturization, enhanced beam-forming, and improved endurance—is bolstering market development.

Challenge: Emergence of Quantum Communication
On the downside, the advent of quantum communication technologies poses a threat to the traditional anti-jamming market by potentially offering more secure communication methods that could reduce the demand for existing anti-jamming solutions.

Regional Insights:

• 
  

  North America
  North America is expected to continue dominating the market due to increasing procurement of space-based anti-jamming systems. In August 2022,  Lockheed Martin  secured a  USD 32 million contract  to integrate M-code anti-jamming features into Joint Air-to-Surface Standoff Missiles (JASSM) and Long-Range Anti-Ship Missiles (LRASM).

• 
  

  Asia Pacific
  Significant growth is anticipated in Asia Pacific, led by defense modernization initiatives in  India, China, and Japan . For example, in June 2022, India’s  Kalyani Group  unveiled the  BHARAT 150 drone  with built-in anti-jamming capabilities.

• 
  

  Europe
  Europe is projected to be the third-largest regional market due to increased defense procurement aimed at countering potential threats stemming from the Russia–Ukraine conflict.

Competitive Landscape:

The anti-jamming market is  consolidated , with a few major players holding significant shares. Companies like  BAE Systems, Lockheed Martin, Raytheon Technologies, Thales Group, and L3Harris Technologies Inc.  are investing in compact and technologically advanced anti-jamming solutions across air, land, sea, and space platforms.

In  December 2021 , the  U.S. Department of Defense  extended its contract with  BAE Systems , adding  USD 315 million  for M-code anti-jam receivers—bringing the total contract value to  USD 640 million .

Key Industry Development:

• 
  

  January 2023  –  SpaceX  launched a new generation of advanced Global Positioning System (GPS) navigation satellites as part of the U.S. Space Force's ongoing fleet modernization initiative. These upgraded satellites offer  three times greater positioning accuracy  and  eight times stronger anti-jamming capabilities  compared to their predecessors, significantly enhancing the resilience and precision of the GPS constellation.

• 
  

  March 2023  – The  U.S. Space Force  announced plans to invest  over USD 3 billion  in the development of next-generation,  jam-resistant satellite communications (SATCOM)  systems. The initiative aims to establish a  resilient SATCOM architecture  by deploying a diverse mix of encrypted satellites across multiple orbital layers. This dispersed strategy is designed to thwart potential  electronic warfare attacks  and improve survivability in future high-threat conflict environments, reflecting evolving U.S. national security priorities.

According to Fortune Business Insights, the global   push-to-talk market   was valued at USD 12.00 billion in 2019 and is projected to reach USD 46.75 billion by 2032, growing at a CAGR of 12.0% during the forecast period. The report, titled “Push-to-Talk Market Size, Share and Forecast, 2020–2032”, states that North America dominated the market in 2019 with a 37.42% share.

Market Dynamics
The market growth is largely driven by the increasing adoption of cloud-based Push-to-Talk over Cellular (PoC) solutions by large enterprises. Cloud-based PoC enables real-time, secure communication, bridges connectivity gaps, and supports features such as multimedia sharing and wireless PTT device integration. Organizations leverage PTT technology for portable two-way communication, enhanced safety, cost efficiency, and better call management.

Leading Companies in the Market

• Motorola Solutions Inc. (US)
• Zebra Technologies Corporation (US)
• AT&T Intellectual Property (US)
• Verizon Wireless (US)
• Qualcomm Technologies, Inc. (US)
• Harris Corporation (US)
• ICOM Inc. (Japan)
• Kyocera
• Siyata Mobile (Canada)
• ECOM Instruments GmbH (US)
• RugGear (US)
• Telefonaktiebolaget LM Ericsson (Sweden)
• Sonim Technologies (US)
• Simoco (India)
• Airbus DS Communications (US)

Information Source:

https://www.fortunebusinessinsights.com/industry-reports/push-to-talk-market-100079

Market Segmentation Highlights

• 
  

  By Component:  The devices segment is expected to retain the highest market share due to growing demand for rugged PTT devices and the presence of major players such as AT&T, Bell Canada, and ESChat. Devices are increasingly embedded with advanced features like large displays, longer battery life, and improved communication systems. In 2019, AT&T launched rugged devices compliant with 3GPP MCPTT standards.

• 
  

  By Network Type:  PoC solutions are gaining traction due to cost efficiency, customization, and ease of deployment, while LMR remains vital in public safety, defense, and emergency response, especially across Latin America, the Middle East & Africa, and Asia-Pacific.

• 
  

  Regional Insights:  North America is projected to maintain market leadership due to high penetration of PoC vendors and telecom providers. The U.S. leads the regional market, driven by strong demand from public safety, government and defense, and healthcare sectors.

Key Market Drivers

• 
  

  Real-time communication needs across public safety and industrial sectors

• 
  

  Growing demand for seamless communication among remote and mobile workforces

• 
  

  Integration with cloud and IoT enhancing real-time data transmission

• 
  

  Rollout of 5G networks enabling ultra-low latency PTT services

Recent Industry Development
In March 2020, Telefonaktiebolaget LM Ericsson acquired Genaker, a Spain-based provider of Mission-Critical PTT (MCPTT) solutions. The acquisition strengthens Ericsson’s MCPTT portfolio, enabling secure communication services for first responders and emergency personnel.

According to Fortune Business Insights™, the   urban air mobility market   size was USD 4.21 billion in 2024. The market is projected to grow from USD 5.00 billion in 2025 to USD 14.64 billion in 2032 at a CAGR of 16.6% during the 2025–2032 period. This vital information is presented in its report titled, “Urban Air Mobility Market, 2025–2032.” Factors such as increasing urbanization and degrading traffic conditions will boost the market during the forecast period. Also, rising demand for creating a faster, cleaner, safer, and interconnected transportation will fuel the growth of the market.

List of Key Players Present in the Market

• Textron Inc. (U.S.)
• Uber Technologies Inc. (U.S.)
• Airbus SE (Netherlands)
• Ehang (China)
• Safran SA (France)
• Volocopter (Germany)
• Lilium Aviation GmbH (Germany)
• Carter Aviation (U.S.)
• AIRSPACEX (U.S.)
• Aurora Flight Sciences (U.S.)

Source:

https://www.fortunebusinessinsights.com/urban-air-mobility-uam-market-106344

Segments

Vehicle Type, Range, Operation, End User, and Region are studied for the Market

Based on vehicle type, the market is segmented into air taxis, air metro, air ambulance, last-mile delivery, and others.

By range, the market is divided into intercity and intracity.

In terms of operation, the market is broken down into including piloted, hybrid, and autonomous.

By end user, the market is fragmented into ride-sharing companies, scheduled operators, e-commerce companies, hospitals and medical agencies, and private operators.

In terms of geography, the market is categorized into North America, Europe, Asia Pacific, and the Rest of the World.

Report Coverage

The report focuses on providing a detailed insight into the inner working of the urban air mobility sector by uncovering the segments and subsegments for the market. Factors such as R&D capabilities and optimization of the manufacturing process for the dominant players are covered. Besides, ongoing market trends and upcoming industry developments are noted. The report also focuses on several growth factors that have contributed for the growth of the market over the past years.

Drivers & Restraints

Rising Demands for   Green Solutions to Bolster Market Growth

Rising demand for alternative modes of transport and rocketing road traffic is expected to boost the urban air mobility market growth during the forecast period. Also, growing urban population and increasing growing urban population will fuel the growth of the market. Additionally, utilization of autonomous UAMs is expected to bore lower pollution, short travel times, and decrease demand on current transportation infrastructure. These factors will boost the market growth.

However, factors such as rising security concern, high initial investment, and limited government supportive in terms of regulatory framework will limit the market during the forecast period.

Regional Insights

North America to Hold Largest Market Share Due to Presence of Dominant Players

North America will capture the largest urban air mobility market share during the forecast period, owing to increasing presence of dominant players coupled with rising adoption measures. Also, rising air traffic among residents will fuel the demand for air taxis and airport shuttle services. Factors such as last-mile and freight services coupled with eVTOL aircrafts will boost the market growth.

Europe will register the fastest growing market during the forecast period due to the region being the breeding ground for a majority of technology innovations. Rising investment opportunities as well as presence of prominent players will foster growth for the market.

Competitive Landscape

Product Development to be at the Forefront for Developing a Sustainable Market

The market for urban air mobility is still at a budding stage with the dominant players competing for capturing a larger consumer base. The market is expected to grow at a steady rate by strategies such as collaboration, mergers & acquisitions, and developing and launching novel products to capture an attentive audience. For example, in May 2021, Volocopter revealed the Voloconnect. It is an electric vertical take-off and landing aircraft (eVTOL), which is designed for connecting suburbs and cities. This product will integrate with Volocopter’s existing intra-city aircraft series.

Industry Development

• April 2024   – Unifly, part of the Terra Drone Corporation Group, announced the completion of the CORUS-XUAM project. This collaborative initiative aims to reshape the urban air mobility landscape in the years ahead.
• March 2024   – The U.K. government pledged to introduce a funding plan to support industry stakeholders in launching passenger-carrying, piloted eVTOL air services by 2026. Trials of autonomous flights are expected to begin by 2030.

According to Fortune Business Insights™, the global   marine seats market   size was valued at USD 419 million in 2023 and is projected to grow from USD 448.8 million in 2024 to USD 620.8 million by 2032, exhibiting a CAGR of 4.1% during the forecast period. North America dominated the marine seats market with a market share of 47.14% in 2023. Marine seats are designed for utilization in boats, yachts, and other types of ships. They are made from durable and weather-resistant materials which can withstand harsh conditions and offer comfort and support to passengers, which will propel market growth. This information in its report titled “Marine Seats Market, 2024-2032.”

List of Key Players Profiled in the Market Report:

• NorSap AS (Norway)
• Stidd Systems Inc. (U.S.)
• Shockwave Seats (Canada)
• Jiangsu Trasea Marine Seating Ltd. (China)
• ScotSeat Group (U.K.)
• Springfield Marine Company (U.S.)
• Ullman Dynamics (Sweden)
• Alu Design & Services AS (Norway)
• Todd Marine (U.S.)
• Cleemann Chair-Systems GmbH (Germany)
• TEK Seating (U.K.)

Source:

https://www.fortunebusinessinsights.com/marine-seats-market-106551

Segmentation:

Passenger Ships To Lead Due to Growth in the   Tourism Industry

On the basis of ship type, the market is divided into cruise ship, yacht, container ship, passenger ship, and others. The passenger ships segment dominated in 2022 and is anticipated to grow with the fastest CAGR due to growth in the tourism industry.

Passenger Seat To Lead Due To   Increasing Rate Of Passenger Traffic

On the basis of seat type, the market is divided passenger seat, captain seat, crew seat and others. The passenger segment dominated in 2022 with highest CAGR growth due to increasing rate of passenger traffic in marine industry .

Seat Material   Segment To Lead Due To Enhance Comfort Expectations

On the basis of component, the market is divided into seat structure and seat material. The seat material segment dominates the segment and has the highest CAGR due to enhance comfort expectations across different sectors.

Aftermarket To Lead Due To Rise In Replacement Of Marine Seats In Various Ships

On the basis of point-of-sale, the market is divided into OEM and aftermarket. The aftermarket segment dominates due to the rise in the replacement of marine seats in various ships.

Report Coverage:

The report provides a detailed analysis of the top segments and the latest trends in the market. It comprehensively discusses the driving and restraining factors and the impact of COVID-19 on the market. Additionally, it examines the regional developments and the strategies undertaken by the market's key players.

Drivers and Restraints:

Rise In The Demand For Custom-Built Seats For Boats, Cruises, And Yachts To Propel The Demand For Product

Rise in the demand for custom-built seats for boats, cruises, and yachts is anticipated to drive the marine seats market growth. There has been an increase in the demand for custom-built seats to satisfy user pursuit of ergonomics, comfort, and technology. As the demand for unique and tailored marine experiences continues to grow, the trend of custom-built marine seats is likely to rise, providing boat and yacht owners with more options to create comfortable, stylish, and functional seating arrangements.

However, compliance with regulatory and strict rules related to the environment is expected to hamper the market growth.

Regional Insights:

North America To Lead Due To   Increasing Number Of Various Marine Activities

North America holds the largest part of the marine seats market share due to the rise in recreational boating, marine tourism, leisure activities, charter services, more boats, yacht manufacturing facilities, and others. The market stood at USD 54.9 billion in 2022. Europe has the second-largest market share due to growing tourism in the region. A swift increase in tourism in countries such as Italy, France, Greece, Norway, and others is anticipated to drive market growth.

Competitive Landscape:

Market Players Are Engaging In Strategies Such As Agreements, Partnerships, Acquisitions, and Others

The key market players are NorSap AS, Stidd Systems Inc. Jiangsu Trasea Marine Seating Ltd., and others. The market players are engaging in strategies such as agreements, partnerships, acquisitions, and others. In February 2022, Allsalt Maritime introduced the Shoxs Caster suspension seat series which are designed to offer a smooth ride for offshore boaters. The new Helmcaster and Saltcaster models have only a full-suspension, all-in-one seating system for recreational boating enthusiasts, eliminating the challenges of fitting seat pans to spring-based shock-absorbing sockets and modules.

Key Industry Development:

• January 2023   – Mayor Daniel J. Lyman of New Jersey announced that Hornblower Marine of Bridgeport, Connecticut, has secured a USD 9.8 million contract from New Jersey Transit to construct the county’s second 149-passenger ferry. The Lyman administration has also secured over USD 46 million in federal and state grants for the Carteret Ferry Terminal.
• May 2023   – Russia’s Southern Centre for Shipbuilding and Ship Repair, a division of United Shipbuilding Corporation, launched a new river cruise ship ordered by domestic operator Mashpromlizing. Part of the Project PKS 180 series, the vessel, named Aurum, will be 81.6 meters long, 13.93 meters wide, and accommodate 180 passenger seats across three decks upon completion.