The global thermal imaging market demand is likely to gain impetus from the ever-increasing demand for thermal camera from the healthcare sector. They are used by doctors and physicians to record and capture temperature variations of the human body for proper diagnosis. These cameras deliver vast amount of data in the forms of videos and images.

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The global light detection and ranging (LiDAR) market size was USD 1.32 billion in 2018 and is expected to hit USD 6.71 billion by 2026, exhibiting a CAGR of 22.7% during the estimated period. LiDAR is used in a wide range of applications including geomorphology, atmospheric physics, archaeology, geomatics, airborne laser swath mapping, and others.

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The global weather radar market demand is expected to gain impetus from the increasing need of safe and comfortable flights. Australia, for instance, currently possesses 60 weather radars. But, it is planning to install more of those in the coming years.

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The global air traffic control market size is predicted to reach USD 9.45 billion by 2027, exhibiting a CAGR of 6.96% during the forecast period. The growing cybersecurity threats in air traffic management will impel the adoption of ATC systems, which in turn, will boost the market growth.

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The global digital shipyard market demand was USD 963.6 million in 2020. The market is projected to grow from USD 1,129.6 million in 2021 to USD 3,444.5 million in 2028 at a CAGR of 17.27% in the 2021-2028 period.

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The global marine seats market size was USD 528.3 million in 2020. The market is projected to grow from USD 545.6 million in 2021 to USD 683.4 million by 2028 at a CAGR of 3.27% in the 2021 to 2028 period.

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The global aircraft electrical system market share is projected to reach USD 27.29 billion by 2027, exhibiting a CAGR of 5.83% during the forecast period. Expanding defense budgets of leading economies of the world will generate unprecedented opportunities for market players.

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The global smart weapons market growth is expected to showcase exponential growth by reaching USD 30.12 billion by 2028. The report further mentions that the market stood at USD 17.17 billion in 2020 and is projected to exhibit a CAGR of 8.02% between 2021 and 2028.

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The global LiDAR drone market size is anticipated to reach USD 455.0 million by 2028 and exhibit a CAGR of 17.98% during the forecast period. The surging adoption of economical 3D imaging sensors is likely to boost market growth.

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The global small caliber ammunition market demand is projected to reach USD 8,808.9 million by 2027, exhibiting a CAGR of 1.72% during the forecast period. Surging gun and ammunition sales amid the COVID-19 pandemic in the US will benefit this market in 2020.

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The global aircraft switches market share is projected to grow from USD 2.01 billion in 2021 to USD 2.60 billion by 2028. In today’s technologically advanced world, the popularity of personalized seatback screens is surging rapidly.

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The global microwave devices market size was USD 5.85 billion in 2021. The market size is expected to rise from USD 6.09 billion in 2022 to USD 9.88 billion by 2029 at a CAGR of 7.15% during the forecast period. As per the report, the market is expected to rise during the forecast period owing to the rising demand for medical instruments equipped with microwave devices.

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The global medical drone market demand is expected to gain momentum by reaching USD 1,410.9 million by 2028 from USD 254.7 million in 2021 while exhibiting an impressive CAGR of 27.70% between  2021 to 2028. In its report titled, “Medical Drone Market, 2021-2028,” Fortune Business Insights™ mentions that the market stood at USD 194.7 million in 2020. 

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The global aviation MRO software market share was USD 6.73 billion in 2021. The market is projected to grow from USD 6.95 billion in 2022 to USD 9.76 billion by 2029 at an estimated CAGR of 4.93% in 2022-2029.

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The global NATO C5ISR market size hit USD 69.50 billion in 2021. The market value is slated to rise from USD 73.08 billion in 2022 to USD 110.85 billion by 2029, exhibiting a CAGR of 6.13% during the forecast period. As a worldwide Command and Control (C2) framework, C5ISR extends military C2 capabilities by providing command and control authority, situational awareness, secure encrypted communication, and military directives to assigned forces.

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The rifle scopes market growth was USD 750.9 million in 2020. The market is projected to grow from USD 765.9 million in 2021 to USD 1,193.6 million in 2028 at a CAGR of 6.54% during the 2021-2028 period.
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The global marine battery market share was USD 583.4 million in 2020. The market is expected to grow from USD 676.2 million in 2021 to USD 2,055.8 million by 2028, exhibiting a CAGR of 17.05% during the forecast period.

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The global marine seats market size was USD 528.3 million in 2020. The market is projected to grow from USD 545.6 million in 2021 to USD 683.4 million by 2028 at a CAGR of 3.27% in the 2021 to 2028 period.

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The urban air mobility market demand was USD 2.90 billion in 2020. The market is projected to grow from USD 3.01 billion in 2021 to USD 8.91 billion in 2028 at a CAGR of 16.77% during the 2021-2028 period.

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The global aircraft actuator market share is projected to reach USD 16.98 billion by the end of 2026. Recent technological advancements have played a huge part in the growth of the market in recent years.An actuator is a system that is used for controlling the movement functions of an aircraft.

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The global autonomous ships market size was USD 6.40 billion in 2020.The market is expected to grow from USD 6.55 billion in 2021 to USD 12.07 billion in 2028 at a CAGR of 9.13% in the 2021-2028 period.

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The global unmanned aerial vehicle market demand is expected to gain momentum from the increasing advancements in the field of drones. They are capable of analyzing millions of images for enhancing the decision-making skills of the management in a wide range of industries.

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The global drone software market share is expected to experience an exponential growth by reaching USD 5,961.6 million by 2027 while exhibiting an astounding CAGR of 25.05% between 2020 and 2027. This is attributable to the increasing adoption of advanced technologies such as artificial intelligence and machine learning in the development of this software across the globe.

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The global inertial measurement unit (IMU) market size was valued at USD 15.71 billion in 2021. The market is expected to grow from USD 16.41 billion in 2022 to USD 28.37 billion by 2029, exhibiting a CAGR of 8.13% during the forecast period.

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The global autonomous aircraft market demand is projected to reach USD 16.23 billion by the end of 2027. The rising investments in the development of improved aircraft infrastructure will emerge in favor of market growth.

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The global gunshot detection system (GDS) market share is set to gain momentum from the increasing focus of prominent manufacturers on the development of advanced technologies for detecting real-time sound. Safe Zone, for instance, completed a USD 1 million round of funding anchored by Seedfunders.

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The global drone package delivery market demand is projected to reach 31,188.7 million by 2028, exhibiting a CAGR of 53.94% during the forecast period. Widespread deployment of drones to deliver medical and food supplies amid the COVID-19 pandemic is expected to aid the market make substantial gains.

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The global robotics in shipbuilding market share was USD 581.3 million in 2020. The market is projected to grow from USD 616.8 million in 2021 to USD 1001.4 billion in 2028 at a CAGR of 7.74% in the 2021-2028 period.

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The global military drone market growth is anticipated to hit USD 30.86 billion in 2029 and exhibit a CAGR of 14.82% during the forecast period. The rising military drone procurement by defense forces and expanding military budgets are expected to foster growth for the market.
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The global flight simulator market demand is expected to reach USD 5.75 billion by 2028, exhibiting a CAGR of 5.99% during the period. The market is expected to gain momentum from the increasing adoption of virtual reality (VR) and augmented reality (AR) by the airlines to train their cabin crew and flight deck crew.

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