[𝐂𝐚𝐬𝐞 𝐒𝐭𝐮𝐝𝐲 𝐑𝐞𝐩𝐨𝐫𝐭] 𝐈𝐨𝐓 𝐢𝐧 𝐀𝐯𝐢𝐚𝐭𝐢𝐨𝐧 - 𝐤𝐞𝐲 𝐂𝐨𝐦𝐩𝐨𝐧𝐞𝐧𝐭𝐬, 𝐓𝐞𝐜𝐡𝐧𝐨𝐥𝐨𝐠𝐢𝐞𝐬, 𝐂𝐡𝐚𝐥𝐥𝐞𝐧𝐠𝐞𝐬, 𝐀𝐩𝐩𝐥𝐢𝐜𝐚𝐭𝐢𝐨𝐧, 𝐒𝐜𝐨𝐩𝐞 𝐚𝐧𝐝 𝐅𝐮𝐭𝐮𝐫𝐞 𝐃𝐢𝐫𝐞𝐜𝐭𝐢𝐨𝐧

The global IoT in Aviation market is experiencing a significant growth, and will grow considerably in next few years. IoT device has the ability to be connecting devices such as printer, traffic lights, or jet engines via network helps to processes that devices smarter, and safer. IoT in Aviations have been around in various application areas form past few years, but more recently, the application of IoT in Aviations industries such as airports, airlines, MROs, and manufacturers. IoT in Aviations are preferred in various industries and applications owing to its features including safety, maintenance, efficiency, security, and customer experience and personalization. Innovations in the IoT in Aviation industry pave the way for to improve its safety and efficiency. 

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The global IoT in Aviation market is segmented into end market, application, component, and region. Based on end market, the market is further segmented into airports, airlines, MROs, and manufacturers. In terms of application, the market is sub-divided into ground operations, passenger experience, asset management, and air traffic management. Based on component, the market is bifurcated further into IoT devices, IoT solutions, and services. Geographically, the global market is divided across North America, Europe, Asia-Pacific, and Latin America, Middle East & Africa (LAMEA).

Key players of the IoT in Aviation industry analyzed in the research include IBM Corporation, Huawei Technologies Co., LTD., Cisco Systems, Inc., SITAONAIR, Tata Sons Private Limited., Honeywell International Inc., Aeris, Happiest Minds Technologies, Amadeus It Group Sa, Walkbase, Sendum Wireless Corporation, Microsoft Corporation, Palantir Technologies, Blip Systems, Tech Mahindra Limited, SAP SE, Arrow Electronics, Inc., Wind River Systems, Inc., Undagrid, and Zestiot. They have adopted various strategies including new product launches, collaborations, partnerships, mergers & acquisitions, joint ventures, agreements, and others to gain a stronghold and international presence across the world.

Top impacting factors:

Surge in demand for IoT in Aviation in the in all industries due to technological advancements in wireless network technologies, optimization of business processes and increase in connectivity, to improve experience of passenger, and data gathering are the factors that drive the global market. However, Concerns Related to multiple stakeholders in the aviation industry and data privacy and cyber security may hinder the market growth. Contrarily, reduction in operational expenses and automated aircraft monitoring and reporting present new pathways in the industry and will act as an opportunity for the growth of global market. The global IoT in Aviation market trends are as follows:

Optimization of business processes and increase in connectivity

IoT devices are generally used in various types of buildings which include industrial, public, institutions, private, or residential buildings to control and monitor various electrical, mechanical, and electronic systems. This device helps to improve the efficiency of the monitoring and rises its demand in all sectors and helps to drive the growth of the market In February 2020, Haier – a global manufacturer of electronic appliances and equipment has launched 83 products with AI- and IoT-powered technology. This product launch was done to improve its product portfolio and provide better service in aviation industry.

Innovation in the IoT in Aviation industry

The IoT in Aviation helps to monitor all the activities in airports and airlines areas. This helps to monitor all the stuffs of passengers. Moreover, it is widely used in the aviation industry to control terrorist and custom activities across the globe. The innovation in the IoT devices which helps to improve its efficiency for better monitoring will act as an opportunity and helps to drive the growth of the market. In September 2019, Moment – the French manufacturer of aviation technology has launched Flymingo Next, an IFEC hardware platform with IoT technology. This product helps to improve service offerings for passengers, while assisting crew with onboard procedures.

Key benefits of the report:

• This study presents the analytical depiction of the global IoT in Aviation industry along with the current trends and future estimations to determine the imminent investment pockets.

• The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global IoT in Aviation market share.

• The current market is quantitatively analyzed from 2020 to 2027 to highlight the global IoT in Aviation market growth scenario.

• Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market. 

• The report provides a detailed global IoT in Aviation market analysis based on competitive intensity and how the competition will take shape in coming years. 

 

Scope of the report:

Report Metric	Details
Market size available for   years	2019–2027
Base year considered	2019
Forecast period	2020–2027
Forecast units	Value (USD)
Segments covered	End Market, Application, Component, and Region
Geographies covered	North America (U.S., Canada ,and Mexico), Europe (UK, Germany, France, Spain, Italy, and Rest of Europe), Asia-Pacific (China, India, Japan, South Korea, Australia, and Rest of Asia-Pacific), LAMEA (Brazil, Turkey, Iran, and Rest of LAMEA)
Companies covered	Major players analyzed include IBM Corporation, Huawei Technologies Co., LTD., Cisco Systems, Inc., SITAONAIR, Tata Sons Private Limited., Honeywell International Inc., Aeris, Happiest Minds Technologies, Amadeus It Group Sa, Walkbase, Sendum Wireless Corporation, Microsoft Corporation, Palantir Technologies, Blip Systems, Tech Mahindra Limited, SAP SE, Arrow Electronics, Inc., Wind River Systems, Inc., Undagrid, and Zestiot.

 

Key segments:

Segments	Sub-segments
End Market	Airports Airlines MROs Manufacturers
Application	Ground Operations Passenger Experience Asset Management Air Traffic Management
Component	IoT Devices IoT Solutions Services

 

Questions answered in the IoT in Aviation market research report:

• What are the leading market players active in the IoT in Aviation market?

• What the current trends will influence the IoT in Aviation market in the next few years?

• What are the driving factors, restraints, and opportunities in the IoT in Aviation market?

• What are the projections for the future that would help in taking further strategic steps?

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𝐍𝐮𝐜𝐥𝐞𝐚𝐫 𝐁𝐨𝐦𝐛𝐬 𝐚𝐧𝐝 𝐌𝐢𝐬𝐬𝐢𝐥𝐞𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐭𝐨 𝐑𝐞𝐚𝐜𝐡 $𝟏𝟐𝟔 𝐁𝐢𝐥𝐥𝐢𝐨𝐧 𝐛𝐲 𝟐𝟎𝟑𝟎, 𝐑𝐞𝐩𝐨𝐫𝐭 𝐒𝐚𝐲𝐬 | 𝐀𝐥𝐥𝐢𝐞𝐝 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡

 The global nuclear bombs and missiles market was valued at $72.64 billion in 2020, and is projected to reach $126.34 billion by 2030, growing at a CAGR of 5.4% from 2021 to 2030.

Nuclear bombs and missiles can be referred to as the weapons of mass destruction that use nuclear fission, fusion, or a combination of both to release huge amounts of heat and energy. These weapons use fissile materials as raw materials. The effects of nuclear weapons are not limited to the initial blast. These weapons release a huge amount of nuclear radiation such as gamma radiation, neutron radiation, and ionizing radiation for a long timeframe after detonation. The first nuclear weapon was tested by the U.S. in 1946, followed by other nations. Soviet Union tested its first weapon in 1949, the UK in 1952, France in 1960, China in 1964, India in 1974, Pakistan in 1998, and North Korea in 2006. Such destructive ability of these weapons has allowed several nations and international organizations to put a ban on the design, development, and testing of nuclear bombs and missiles. Active efforts are being made to dismantle the existing nuclear arsenal by major countries. Despite such efforts, a notable budget is allocated toward acquisition, maintenance, and renewal of these weapons, backed by defense think tanks and military leaders.

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Factors such as rise in geopolitical conflicts and increase in defense budget allocation toward nuclear expenditure, are expected to support the nuclear bombs and missiles market growth. For instance, the U.S. allocated 5.7% of the total defense budget toward nuclear weapon spending in 2021, which is expected to reach 8.0% of total defense spending in 2030. There is expected to be a nuclear arms acquisition race by superpowers such as the U.S. and Russia, to accelerate business opportunism within coming years. In 2021, the U.S. and Russia had 5,550 and 6,255 nuclear warheads and are expected to reach 6,380 and 6,734 in 2030 respectively. The expenditure done by major companies such as Lockheed Martin, BAE Systems, Airbus, and Boeing toward research, development, management, conducting exhibitions and seminars to conduct importance and feasibility of nuclear weapons will encourage nations to increase their budget allocation. In 2021, the lobbyists engaged in conducting seminars, exhibitions, and business meetings along with think tanks responsible for future planning and management received around $120 million from corporate bodies and defense organizations, supporting business potential over the coming years.

𝐆𝐫𝐚𝐛 𝐭𝐡𝐞 𝐏𝐃𝐅 𝐭𝐨 𝐊𝐧𝐨𝐰 𝐌𝐨𝐫𝐞: https://bit.ly/37oiOoU 

The global nuclear bombs and missiles market is segmented on the basis of type, range, and status. By type, the market is divided into aircraft bombers/land missiles, intercontinental ballistic missiles (ICBM), submarine-launched ballistic missiles (SLBM), and others. The others segment includes reserve or retired nuclear warheads within the type segment. By range, the market is segmented into less than 1,000km, 1,000Km to 5,000km, and greater than 5,000km. The status segment is divided into active and reserve/retired. By region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Companies have adopted collaboration, long term agreements, joint ventures and association with think tanks such as Atlantic council, Brookings Institution, and Carnegie Endowment for International Peace as their key development strategies in nuclear bombs and missiles market. The key players operating in the market are Airbus, Ariane group Sas, Bae Systems, Brahmos Aerospace, Lockheed Martin Corporation, Mbda, Northrop Grumman Corporation, Rafael Advanced Defense Systems Ltd, Raytheon Technologies Corporation, and The Boeing Company

Increase in investments by government and corporate giants

The nuclear bombs and missiles market is highly regulated by investment offered by government bodies, research organizations, corporate conglomerates, and think tanks. Think tanks are research and analytical bodies that demonstrate future needs and reasons to have nuclear arsenals. These think tanks often receive funding from several sources to continue their research work. The advisory boards of these think tanks often constitute former CXOs and top management members of companies manufacturing nuclear weapons. Twelve think tanks across the globe disclosed funding of $5.5 million to $10.2 million in 2020 from corporate giants who are manufacturing nuclear weapons.

Increase in cross border conflicts

The rise in border disputes among neighboring nations, plans for territorial expansion, and efforts to establish strategic and political dominance at the global level remain primary factors that support the nuclear bombs and missiles market. The ongoing dispute between Ukraine and Russia as of March 2022 will notably impact the business dynamics in the coming years. Other nations such as India and Pakistan are entering a race to increase their nuclear arsenal to ensure political dominance. The consortium of nations such as NATO is actively participating in discussions and initiatives taken within the nuclear weaponries segment and looking to update their existing forces. The UK has one of the strongest naval forces and relies on its nuclear submarine launch ballistic missiles. The country has done notable investments in developing Dreadnought-class, capable of carrying nuclear weapons. The submarine is expected to be in service by 2030. On a similar line, China is expected to develop 200 launch silos capable of launching nuclear warheads to proximity regions.

International treaties and consortiums discouraging nuclear testing

There are number of international treaties and consortiums discouraging possession, development, acquisition, sale, testing and usage of nuclear weapons. Majority of Africa, Latin America and Middle East nations align or abide to these treaties, enforcing other nations to follow the same. The U.S., and Russia are also engaged in a treaty to maintain their nuclear weapons and do not increase their stockpiles at an exponential level.

Collaboration with government, think tanks and lobbyist

The collaboration with government bodies and defense organizations becomes the primary strategic initiative practiced by major industry players operating within the region. Nuclear spending for every nation is aligned with their defense budget allocation. The allocation is decided based on the ongoing contracts, the need for nuclear weapons and existing companies, consortiums having nuclear capabilities, and reviews provided by the advisory boards. The companies in collaboration with government bodies undergo long-term R&D contracts. These companies also sponsor think tanks and lobbyists to understand geopolitical aspects and predict the need for nuclear weapons.

Key Benefits For Stakeholders

• This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the nuclear bombs and missiles market analysis from 2020 to 2030 to identify the prevailing market opportunities.
• The market research is offered along with information related to key drivers, restraints, and opportunities.
• Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders maket profit-oriented business decisions and strengthen their supplier-buyer network.
• In-depth analysis of the nuclear bombs and missiles market segmentation assists to determine the prevailing market opportunities.
• Major countries in each region are mapped according to their revenue contribution to the global market.
• Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
• The report includes the analysis of the regional as well as global nuclear bombs and missiles industry trends, key players, market segments, application areas, and market growth strategies.

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𝐒𝐚𝐭𝐞𝐥𝐥𝐢𝐭𝐞 𝐌𝐚𝐧𝐮𝐟𝐚𝐜𝐭𝐮𝐫𝐢𝐧𝐠: 𝐌𝐨𝐝𝐮𝐥𝐚𝐫 𝐒𝐚𝐭𝐞𝐥𝐥𝐢𝐭𝐞 𝐌𝐚𝐧𝐮𝐟𝐚𝐜𝐭𝐮𝐫𝐢𝐧𝐠 𝐭𝐨 𝐄𝐧𝐡𝐚𝐧𝐜𝐞 𝐒𝐩𝐚𝐜𝐞 𝐀𝐬𝐬𝐞𝐭𝐬 𝐑𝐞𝐬𝐢𝐥𝐢𝐞𝐧𝐜𝐲 (𝐂𝐨𝐧𝐟𝐢𝐠𝐮𝐫𝐚𝐭𝐢𝐨𝐧, 𝐌𝐚𝐧𝐮𝐟𝐚𝐜𝐭𝐮𝐫𝐢𝐧𝐠, 𝐀𝐬𝐬𝐞𝐦𝐛𝐥𝐲, & 𝐈𝐧𝐭𝐞𝐠𝐫𝐚𝐭𝐢𝐨𝐧 𝐨𝐟 𝐚 𝐒𝐚𝐭𝐞𝐥𝐥𝐢𝐭𝐞)

 Several new firms have entered the satellite industry in recent years, intending to launch small, relatively affordable satellites with capabilities equal to those given by established large-size satellites. The arrival of this new paradigm has sparked rivalry with current large-satellite producers, altering the game's rules and posing a challenge to long-established industry participants, whose old manufacturing processes are being challenged. As a result, in the current space-industry environment, adopting innovative manufacturing methods by the satellite manufacturers is not only desirable, but also necessary for increasing efficiency and competitiveness. Currently, the majority of GEO communications satellites must be custom-built, which increases to their cost. On-orbit software upgrades would allow manufacturers to mass-produce homogenous satellite that operators could subsequently customize to their unique, changing needs via software uploads.

𝐆𝐫𝐚𝐛 𝐭𝐡𝐞 𝐏𝐃𝐅 𝐭𝐨 𝐊𝐧𝐨𝐰 𝐌𝐨𝐫𝐞: https://bit.ly/38yGTdz 

Increase in the Number of Space Exploration Missions

In recent years, the number of space exploration missions has increased as launch costs have reduced, technology has advanced, and public interest in space exploration has developed. The missions of the space expeditions are mostly focused on human Low-Earth-Orbit missions and unmanned scientific research. In addition, the Space Force, which will be established as a sixth branch of the U.S. military in 2019, as well as increased interest from Russia and China, is projected to boost public-sector investment in the space industry in the coming years. As part of the National Defense Authorization Act for 2020, the U.S. government formed a U.S. Space Command, which includes a Space Operations Force and a Space Development Agency, in December 2019. 

This development will most certainly benefit the U.S. Defense Department as well as the aerospace and defense sectors, allowing for more focused and faster investment in breakthrough technologies and capabilities. There is a rise in the need for satellite manufacturing to augment space exploration missions with the increase in the number of space expedition missions. For instance, in July 2021, using a 747 airliner, Virgin Orbit launched seven satellites from three different customers namely U.S. Defense Department, the Royal Netherlands Air Force, and Poland’s SatRevolution company.

Rise in Demand for Satellite Aided Warfare

Several tests and demonstrations are being carried out by government organizations and defense forces around the world to establish space warfare capabilities. Ground-to-space warfare, such as attacking satellites from the ground, space-to-space warfare, such as satellites attacking satellites, and space-to-ground warfare, such as satellites targeting Earth-based objects, are all different forms of space warfare. The U.S, Russia, and India, as well as other big economies, have developed dedicated space force groups to establish space defense infrastructure. For instance, the Indian government formed the Defence Space Agency (DSA) in April 2019. The agency is in charge of India's space-warfare and satellite intelligence assets. 

Satellite technologies are rapidly being used by military forces around the world to supplement their defense capabilities. For instance, United Launch Alliance (ULA), launched the fifth Space-Based Infrared System satellite for the U.S. Space Force in May 2021. With the help of its onboard infrared sensors, the $1 billion satellite, built by Lockheed Martin, is designed to identify and track plumes produced by missile launches throughout the world. Its capabilities will allow the U.S to prepare for any imminent attacks. Government and defense organizations' growing effort to expand space defense capabilities has bolstered the satellite manufacturing market's growth.

Advancement in satellite mission technologies

The small satellite standard was developed to offer universities and research organizations with faster and more cost-effective access to space. Leading players across the world are making many advancements in satellite technology (such as hyperspectral and multispectral imaging and additive manufacturing) to further expand the capabilities of satellites, decrease the cost, and improve the customizability of satellites. Hyper-spectral and multi-spectral imaging enhance the capabilities of satellites in collecting precise data about the changes in the environment. Hyperspectral sensors produce images comprising highly detailed spectral data that allow the detection of micro-level changes in the environment such as in soil, crops, and water. 

Advancement in satellite mission technologies

The small satellite standard was developed to offer universities and research organizations with faster and more cost-effective access to space. Leading players across the world are making many advancements in satellite technology (such as hyperspectral and multispectral imaging and additive manufacturing) to further expand the capabilities of satellites, decrease the cost, and improve the customizability of satellites. Hyper-spectral and multi-spectral imaging enhance the capabilities of satellites in collecting precise data about the changes in the environment. Hyperspectral sensors produce images comprising highly detailed spectral data that allow the detection of micro-level changes in the environment such as in soil, crops, and water. 

Key players operating in the satellite manufacturing market include Airbus S.E, Arianespace, Geooptics, Inc., Lockheed Martin Corporation, Maxar, Northrop Grumman Corporation, SpaceX, Thales Group, The Boeing Company, and Viasat, Inc.

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