Construction Scaffolding Market Growth Opportunities and Forecast by 2031
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The Military Robots market is expected to reach US$ 30.26 billion by 2031 from US$ 18.10 billion in 2024; it is expected to record a CAGR of 7.9% during the forecast period 2025 - 2031.
The report is segmented by Mode of Operation (Automated, Manually Operated); Platform (Land, Air, Naval); Application (Combat Systems, ISR, Firefighting, Bomb/Mine Detection and Others). The global analysis is further broken-down at regional level and major countries. The Report Offers the Value in USD for the above analysis and segments.
https://www.globenewswire.com/news-release/2025/02/25/3032130/0/en/Military-Robots-Market-Size-worth-30-26-billion-by-2031-With-Growing-at-CAGR-7-9-Exclusive-Report-by-The-Insight-Partners.html
The report Military Robots Market by The Insight Partners aims to describe the present landscape and future growth, top driving factors, challenges, and opportunities. This will provide insights to various business stakeholders, such as:
The electronic warfare market size is projected to reach US$ 34.94 billion by 2031 from US$ 20.07 billion in 2023. The market is expected to register a CAGR of 7.2% during 2023–2031. Deployment of sensors in space for improved electronic warfare capabilities is likely to remain a key trend in the market.
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The major stakeholders in the global electronic warfare market ecosystem include raw material (hardware & component) providers, electronic warfare manufacturers, government organizations, regulatory bodies, and end customers. Component and hardware providers provide various components & parts to electronic warfare manufacturers. Some of the key electronic warfare manufacturers included in this report include L3Harris Technologies, Inc., Raytheon Technology Corporation, Lockheed Martin Corporation, Saab Ab, BAE Systems Plc, Thales Group, Northrop Grumman Corporation, Cobham Plc (Eaton), Leonardo Spa, And Textron. The key players operating in this market are constantly engaging in the development of electronic warfare systems.
The Military Drone Market size is projected to reach US$ 27.63 billion by 2031 from US$ 12.93 billion in 2023. The market is expected to register a CAGR of 10.0% in 2023–2031. Technological advancement in military drones is their capability to refuel manned vehicles in the air. This is considered as a major achievement in the era of manned-unmanned teaming operations. For instance, in September 2021, Boeing’s MQ-25 Stingray drone refueled an F-35 joint strike fighter, as a part of the testing performed by the US Navy. With this, US Navy allocated a budget of US$ 16.8 billion for the MQ-25 Stingray drones to utilize their ability to refuel F-35Cs, F/A-18s, and other carrier-operated air platforms. In addition to their popular use in ISR and warfare applications, using military drones for refueling would increase their demand in the coming years.
Get more - https://finance.yahoo.com/news/military-drone-market-size-worth-110500606.html
The procurement and deployment of technologically advanced military drones play a vital role in boosting the security of any country. A bird’s-eye view provided by drones helps in real-time monitoring and detects unwanted activities across national borders. It also helps detect or destroy the enemy or harmful incomings within the borders. Although drones may capture images, recognizing people in crowded spaces becomes challenging. Therefore, researchers and security agencies are engaged in developing an effective technology for the facial recognition of people in crowded places. According to an article published by Mantra Softech (India) Pvt. Ltd. in October 2021, the US military is working on facial recognition solutions through the “Advanced Tactical Facial Recognition at a Distance Technology” project at US Special Operations Command (SOCOM) and the “Intelligence Advanced Research Projects Activity (IARPA) Biometric Recognition and Identification” as a part of the Altitude and Range initiative. In addition, the US is engaged in bringing facial recognition technology into action to boost the efficiency of its military operations. In February 2023, RealNetworks, Inc., a provider of AI and computer vision-based products, signed a US$ 729,056 contract with US Air Force to deploy its facial recognition technology, SAFR, on small drones for special operations. Thus, the growing trend of using military drones integrated with facial recognition technology would trigger their demand in the coming years.
The pipe relining market size is projected to reach US$ 12,761.26 million by 2030 from US$ 8,499.51 million in 2022. The market is expected to register a CAGR of 5.2% during 2022–2030. Growing urbanization with significant investments in infrastructure rebuilding is likely to remain a key trend in the market.
Read more - https://www.prnewswire.co.uk/news-releases/pipe-relining-market-size-worth-12-76-billion-globally-by-2030---exclusive-report-by-the-insight-partners-302358506.html
Several developed nations across the globe are confronting key challenges due to their ageing water infrastructure. Cities are further witnessing constant advancement and urbanization, resulting in a burgeoning necessity for the restoration of pipeline systems. Several European cities are among the oldest in the world. Thus, there is a growing concern about the aging infrastructure, smaller pipelines and unreachable water systems. The condition of underground water infrastructure, clean water supply and sewage maintenance are some of the key areas in a European infrastructure that are most financially neglected. The cities and municipalities are at major risk, and there is a need to find an immediate and cost-effective solution. Owing to the aging infrastructure of developed nations, countries are projected to spend in trenchless technology. Pipe relining is an affordable, safe, cost-efficient way to reduce public disturbances during the completion of a task; it is thus a viable option for restoring pipelines.
The global aircraft MRO market size has been segmented into five major regions: North America, Europe, Asia Pacific (APAC), the Middle East & Africa (MEA), and South America (SAM). The global air passenger traffic is increasing at a constant pace, which has forced the airlines to increase their flight movements and introduce new aircraft. Aircraft MRO activities are essential in keeping up component availability, consistency, and quality. Airline operators depend on MRO services to ensure the safety of the aircraft and enhance fuel efficiency. The aircraft MRO market has become a viable business in the aviation industry since original equipment manufacturers (OEMs) mainly focus on the development of aircraft. In most of the regions of the world, economic performance has been remarkable over the last few years, largely due to better consumer buying power, growing equity markets, and industry consolidation. In spite of Brexit and various other trade barriers, the global aircraft MRO market have remained relatively stable.
The global advanced driver assistance system market has witnessed significant growth and transformation in recent years, driven by technological advancements, increasing safety concerns, and the pursuit of enhanced driving experiences. This dynamic market segment encompasses a wide range of technologies and features to assist drivers in various ways, from improving safety to enhancing convenience and comfort.
One of the primary drivers behind the market growth is the increasing focus on safety. With road accidents continuing to pose a significant threat to public health and safety, Advanced Driver Assistance System (ADAS) have become crucial. Features such as lane-keeping assist, adaptive cruise control, and automatic emergency braking have gained widespread adoption as they help reduce the risk of accidents caused by human error. Furthermore, the proliferation of advanced Advanced Driver Assistance System (ADAS) (ADAS) is changing how consumers interact with vehicles. These systems rely on sensors, cameras, and machine learning algorithms to give drivers real-time feedback, making navigating easier. These technologies are being integrated into both luxury vehicles and mid-range and economy vehicles, expanding their reach across various consumer segments.