TechSci Press Release

Growing technological advancement and investments drive the global aircraft engine market growth during the forecast period. According to TechSci Research report,  “ Aircraft Engine Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2017-2035 ”  Global aircraft engine market is expected to grow with 5.30% CAGR for the future growth during the forecast years, 2022-2035F, on account of growing demands for aircraft from the tourism industry. The market value for the global aircraft engine market was USD94.40 Billion in the year 2021. Expanding tourism industry and growing international tourism in the future are expected to drive the global aircraft engine market's growth in the next five years. Increasing demand for the aircraft fleet by multiple private airlines is adding to the growth of the global aircraft engine market in the next five years. Growing investments in technological advancement and technology integration in the aircraft and its manufacturin...

  Growing investments in CBRN resistance technologies and rise in safety measures taken by authorities concerned with medical services are expected to drive the demand for global CBRN defense market in the forecast period, 2023-2027 . According to TechSci Research report,  “ CBRN Defense Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2017-2027 ” , the global CBRN defense market is anticipated to witness robust growth in the forecast period, 2023-2027. Chemical, biological, radiological, and nuclear (CBRN) defense systems are used to create mass destruction to control or stabilize combat situations. The public and private players are working on the integration of advanced technologies in CBRN systems to have the upper hand in warlike situations. Due to the access to CBRN materials of terrorist groups and non-state actors, international threats have been on the rise, which has made the government bodies support and invest heavily in the CBRN systems. H...

Growing demand for enhanced military equipment and increased defense expenditure is expected to drive the demand for global digital battlefield market in the forecast period, 2023-2027 . According to TechSci Research report,  “ Digital Battlefield Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2017-2027 ” , the global digital battlefield market is anticipated to witness steady growth in the forecast period, 2023-2027. A digital battlefield is a network of connected aerial platforms,  surveillance  and communication systems, and weapon systems. The continuous upgrade and modernization of the armed forces to meet the requirements of supporting electronic systems and equipment are expected to drive the demand for a digital battlefield. Next-generation digital battlefield technologies enable to efficiently accomplish military operations, which include reconnaissance, surveillance, patrolling, and defending operations. Integration of  cloud ...

The rise in government funding for military drones and the growing demand for intelligence, surveillance, and reconnaissance assets among armed forces are expected to drive the demand for the global military drone market in the forecast period, 2023-2027.  According to TechSci Research report,  “ Military Drone Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2017-2027 ” , the global military drone market is anticipated to witness robust growth in the forecast period, 2023-2027. Several countries witness  border  disputes due to disagreement and possession about the control of land between two states. In some past years, countries have faced territorial issues in countries like China, Nepal, Bangladesh, Syria, Russia, and Israel, amongst others. These countries spend exorbitant amounts to purchase  surveillance  drones to enhance situational awareness and modernize the patrolling techniques. The growing focus on lower operational co...

Growing defense expenditure and formulation of government bodies to acquire unmanned aerial vehicles are expected to drive the demand for the global unmanned ground vehicles market in the forecast period, 2023-2027. According to TechSci Research report,  “ Unmanned Ground Vehicles Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2017-2027 ” , the global unmanned ground vehicles market is anticipated to witness steady growth in the forecast period, 2023-2027. Unmanned ground vehicles are machines that move along the ground to carry or transport things. They provide a flexible  robotic  platform along with multipurpose mobility support. It is generally used in situations with a risk to human lives. Unmanned ground vehicles can also be used for various civilian applications such as urban research and rescue operations, nuclear plant operations, crowd control, firefighting, and agriculture harvesting and spraying applications. The major factors drivin...