Friday, October 4, 2013

Overview of Non Lethal Weapons Market - Drivers and Restraints Until 2018


Non lethal weapons are designed to be less accurate in killing the living target than other conventional weapons. These weapons are designed to minimize the risk without diminishing the effect of using the weapons. These weapons are often used in combat situations that limit conflict escalation. Global non lethal weapons market is largely driven by complex international relations, political unrest, uncertain economic circumstances and deteriorating security practices in various parts of the world are encouraging armed force and law enforcement officers to use non-lethal weapons, especially in the civil and urban security scenarios. This is the biggest driving factor for the global non lethal weapons market.

Key Takeaways

Also known as less lethal weapons, non-lethal arms are specially designed to incapacitate a vehicle or individual without completely demolishing them. It reduces the impact or injury and minimizes the damage to the person, vehicle as well as the surroundings. These weapons are basically divided into two categories, based on their capabilities, namely, counter-material and counter-personal weapons. Apart from that, the non lethal weapons market has a vast segmentation based on their types, market stakeholders and geographical demand patterns. Based on geography, the industry is further sub-segmented into different countries. On the basis of geography, the industry is segmented into North America, Latin America, Europe, Middle East, Asia and Africa.

  •      Types: Disperse, blunt, non lethal electric devices, anti vehicle and direct energy non lethal weapons
  •     Stakeholders: Ministry of defense, weapon and sub-component manufactures and department of homeland security

Drivers and Forecasting

Global non lethal weapons industry is estimated to rise at a steady CAGR of over 5%. These trends will continue from 2013 to 2018. As of 2013, the market is poised at $880.5 million. However, at the expected compound annual growth rate, the market is anticipated to become worth $1,146.2 million by the end of 2018. These are positive signs for the non-lethal weapons market from the futuristic angle. Changing nature of global warfare, especially in the urban terrains is the biggest driving factor for the industry. Austerity in most western countries and bigger players vying for contracts will create better future for the industry. Based on the current trends, Europe is dominating the global industry, which is followed by North America and Asia. On the basis of the types, crowd dispersal weapons segment is expected to dominate the global industry.

Summary: Nonlethal Weapons Market will grow at steady CAGR. Increasing investments and uncertain circumstances are the biggest driving factors for the industry.

Sunday, September 15, 2013

Why Aircraft Windows & Windshields Market is Expected to Witness Slow Growth


Airlines from across the world are emphasizing on improving aircraft efficiency by putting in modern amenities. Increasing demands for comfort and luxury from the air travelers are pushing the airlines to improvise on the existing amenities and replace them with finer and luxurious choices. Superior standard of living, increased global air travel and rising fuel prices are some of the major drivers for the aircraft windows and windshields market. Deliberate improvisations are increasing demands for these amenities, which are expected to drive the global industry at a steady rate. However, the market is expected to maintain a slow progress for the time being, which is estimated to pick up in long-term.



Basic Segmentation

Based on the types of products, the global aircraft windows & windshields market is widely distributed into two segments, namely, cabin windows market and windshields market. Both these segments are further sub-segmented based on the types of aircrafts, their size and demand pattern for different geographical regions. Based on the size of the aircrafts, the global industry is segmented into four types, namely, very large aircrafts (VLA), narrow body aircrafts (NBA), wide body aircrafts (WBS) and regional transportation aircrafts (RTA). Based on geographical locations, the market is segmented into the global market, which is further divided into North America, Latin America, Middle East, Africa, Asia Pacific and Europe.

Key Takeaways

According to the market research reports for the global commercial aviation windows and windshields market, the fleets of commercial aviation are dominated by narrow body planes. With around 63% of aircrafts, NBA is dominating commercial aviation market, which is followed by WBAs (19%), RTAs (14%) and VLAs (4%). Majority of these crafts incorporate normal acrylic windows and windshields. Nevertherless, the advanced machines like Boeing 787 have creative and interactive windows. Smart windows are attracting majority of commercial airlines, which is creating a wave of opportunities for the industry on a long-term basis.

Forecasting Reports

According to the expert analysis, the global industry is expected to grow at an estimated CAGR of 3.25% from 2013 to 2018. At this rate, the market will become worth $635.3 million by the end of 2018. As of 2013, the market is worth $541.6 million. Growth of aviation sector is expected to have positive influence on the aircraft windows and windshields market. Apart from that, growing regional demands, emerging economies, innovative aircraft models, and increasing new entrants in the market are expected to create better business opportunities with new revenue channels for the existing players.

Summary: Improving standard of living, growing air travel and rising expectations from passengers are driving the global aircraft windows & windshields market. Airlines are pushed for innovative designs for windows and window shades, which is creating a greater market for the existing businesses. Creativity and innovation along with growing aviation sector will drive the industry at a steady CAGR.

Sunday, September 8, 2013

Flight Management Systems Market is Expecting Growth in Long Term

Airliners today are equipped with modern technological support known as flight management systems or FMS. These highly efficient systems are modified on a constant basis, which makes them even more useful for the modern day avionics. The basic goal of these systems is to reduce the workload from the flight holders, navigators and engineers. Flight management systems market specializes in automation of numerous in-flight tasks, which has increased the efficiency and safety of airplanes. Although moving at a steady rate, the global industry is eying at a great future in the years to come. Currently increasing application area is the biggest driver for the market, which is expected to cross the estimated figures at a slow and steady compound annual growth rate.

Flight Management Systems Market Structure

Biggest task for the flight management systems is to enhance the efficiency of the aircrafts and safety aspect involved in flying. Both these tasks are completed through analysis of flight inputs taken based on the changing flight parameters. These systems will help in optimization of all the aspects of a flight through co-ordination with flight director and auto pilots. Constant improvements and technological advancements are increasing the application areas of these systems, which is a great sign for the global industry for FMS.
Understanding basic segmentation in the market helps researchers to learn about crucial aspects of the industry. These aspects include market trends, drivers, challenges and opportunities. In case of FMS industry, segmentation is based on size of the aircrafts, market stakeholders and geographical demands for the applications of these systems. The market also has a separate segment on accounts of the different types of these management systems. This segment holds influence on research reports for the flightmanagement systems market.

·          Aircrafts Types: Narrow body, very large, wide body and regional transport aircrafts
·         Geography: United States of America, Canada, Russia, Brazil, China and Europe

Market Trends and Forecasting Reports from 2013 to 2018

According to recent study about the market that gives details about the trends and forecasts from 2013 to 2018, the global market is expected to grow at a nominal rate. Since the market is still in its budding stage, this steady growth rate is considered as a positive sign for the future of the industry. According to the market research reports, global FMS market is expected to grow at an anticipated CAGR of 3% within next four to five years. By 2018, the market is expected to become worth $1.8 billion by the end of 2018. According to the same reports, the market is estimated to make remarkable progress in the long run, which is a positive sign for the future investments.

Summary: Steady growth in the global flight management systems market is expected to be a positive sign for the bright future for the industry. Increasing range of application areas is the biggest driver for the industry, which is well supported by constant technological advancements and improvisations in the existing systems in the market. Developing countries in the world are estimated to benefit.

Wednesday, August 28, 2013

Unmanned Aerial Vehicle Market by Application Types and Trends - 2018

According to a new market research report, "Unmanned Aerial Vehicle (UAV) Market (2013 - 2018)", authored by MarketsandMarkets, the total global UAV Market (2013-2018) is expected to reach $8,351.1million by 2018 with a CAGR of 3.30%.                                        

US has by far been the superior force when it comes to deployment of UAV’s in the world, European deployment is rather different than in US with extensive usage of TUAV’s and fewer HALE and MALE systems. SUAV’s has seen a robust growth due to its widespread applications. Apart from US, the countries which have shown major interest in UAV’s are as follows: Brazil and Argentina in Latin America, UK, France and Germany in Europe, South Africa in Africa, Israel and UAE in Middle East, India, Australia, Japan and South Korea in APAC.

 Russia too has an in-depth UAV program, but their success levels have been limited. In addition to the military market, the market for civilian and commercial unmanned air vehicles is growing. Civilian UAV market refers to UAV’s operated by non-military government. Civilian usage of UAVs is present in Australia, France, South Africa, Sweden and US. With FAA regulation until 2015, civilian UAV’s market will grow at a slower rate when compared to military and security applications. USA and EU are looking at policies by which they can allow the usage of UAV’s in the national airspaces.

The global Unamanned Aerial Vehicle Market (2013-2018) revenue is expected to grow from $7,098.6 million in 2013 to $8,351.1 million by 2018. Global UAV Market (2013-2018) is majorly driven by the growth of demand for Homeland Security. Maritime patrolling and counter privacy is also one of the drivers for this market.

 

Scope of the Report

This report analyzes the Global Unamanned Aerial Vehicle Market (2013-2018) based on:
  • UAV Type
  • Region
  • Country-wise
In addition to market sizes and forecasts, the report also provides a detailed analysis of the market trends and factors influencing market growth, offering in-depth geographic analysis of the Unmanned Aerial Vehicle market in APAC, North America, Latin America, Europe, Middle East and Africa. This report draws the competitive landscape of the Global UAV industry, providing an in-depth comparative analysis of the technological and marketing strategies of the key players.

Monday, August 26, 2013

Aircraft Health Monitoring Systems Market grow up to $992.0 Million - 2017

Commercial Aircraft Health Monitoring Systems Market is based on the data collected and researched; with the help of primary sources and secondary sources. The report covers the revenues and health monitoring systems installed on various types of aircraft models and the type of HMS which includes line fit and retrofit market.

Aircraft Health Monitoring systems collect diagnostic and prognostic information from an aircraft and have the capability to make appropriate decisions about maintenance actions based on available resources. An aircraft may develop cracks, structural damages due to ground handling, bird hit, lightening strike etc. These cracks or damages may grow to critical sizes over a period of time and can lead to failure. Hence health monitoring systems of an aircraft can reduce unscheduled maintenance and downtime and improve aircraft performance and safety.

The Aircraft Health Monitoring System is expected to grow at a CAGR of 2.1% during the forecast period (2012-2017). The market size of aircraft HMS is estimated to reach $992 million by 2017. The market is driven by increase in aircraft cycles and uninterrupted operations.

More than 5600 number of A320 family line of aircraft has been delivered and a staggering number of more than 4000 aircraft backlog still persist. A320 has a high production rate of 42 aircrafts per month and B737 being the best selling commercial aircraft with production rate increasing from 35 to 38 aircrafts per month. Demand for HMS systems for the narrow body aircraft will increase with rise in production rate of aircrafts per month. The new engine option of single aisle family currently holds 60% of market share and this is a major driver for the HMS market for aero-propulsion systems. The market for engine health monitoring systems is driven by wide body aircrafts like B777 B787and A330. B777 and B787 drive the retro-fit market for aircraft HMS market.

Revenues for the global aircraft health monitoring systems market can be projected to increase year on year, at an average of 2.1%. VLAs like A380 and B747 are major drivers for structural health monitoring system, aero-propulsion, and ancillary systems for the line fit market. Very large aircraft is estimated to be a prospective market for health monitoring systems for line fit market with the increasing number of estimated aircraft deliveries over the forecast period.