Unmanned Surface Vehicle Market Key Insights and Regional Demand
The global Unmanned Surface Vehicle market was valued at USD 2.16 billion in 2023 and is anticipated to grow to USD 2.27 billion in 2024, reaching USD 3.29 billion by 2032, with a compound annual growth rate (CAGR) of 4.7% during the forecast period. North America led the USV market in 2023, holding a 37.5% share.The unmanned…
prajneneHybrid Electric Aircraft Market Size, Demand, and Future Opportunities
The global hybrid electric aircraft market size stood at USD 2.80 billion in 2023. The market revenue is anticipated to rise from USD 3.31 billion in 2024 to USD 465.60 billion by 2050, registering a CAGR of 21.7% from 2024 to 2050.Hybrid electric aircraft can decrease fuel consumption and emissions by integrating electric propulsion systems and provide…
Torpedo Market Segmentation and Key Trends Analysis
The global torpedo market was valued at USD 944.9 million in 2021 and is forecasted to expand from USD 991.2 million in 2022 to USD 1,439.2 million by 2029, registering a CAGR of 5.47% over the forecast period. In 2021, North America led the market, holding a significant share of 34.6%.The defense industry is increasingly turning to…
Thermal Imaging Market Growth and Upcoming Trends Analysis
The global thermal imaging market, valued at USD 2.27 billion in 2019, is projected to grow at a robust CAGR of 7.7%, reaching USD 4.10 billion by 2027. This growth is driven by the rising demand for advanced surveillance systems, innovative imaging solutions in medical diagnostics, and expanding applications across industrial and automotive sectors. North America,…
Bulletproof Vest Market Research Report and Trends Forecast
The global bulletproof vest market was valued at USD 1,271.1 million in 2019 and is expected to grow from USD 1,225.8 million in 2020 to USD 3,374.61 million by 2032, reflecting a compound annual growth rate (CAGR) of 7.80% during the 2020-2032 period. In 2019, North America held the largest share of the market, accounting for 30.17%.The…
Aerospace Robotics Market Future Demand and Industry Growth Insights
The global aerospace robotics market, valued at USD 2.66 billion in 2019, is projected to grow to USD 48.39 billion by 2032, reflecting a compound annual growth rate (CAGR) of 25.0% during this period. In 2019, North America held the largest share of the market, accounting for 37.97%.The rapid expansion of the market is driven by…