Offshore oil and gas industry heavily depends on the vessels and container facilities provided by UUVs in deep waters for various exploration and upstream processes.
The global inertial sensing and its components market is $6.7 billion in 2017 and is estimated to grow at a CAGR of 8.2% for the forecast period 2018-2023.
Demand for customize cabins interiors is increasing due to competition among airline operators to attract air travellers by offering best interiors facilities, offering travellers with facilities worth for their money.
The common seating features such as comfort, durability, ease of cleaning are combined with the needs of aircraft to keep it light weight and strong at the same time
Increase in the airline traffic volume is one of the major drivers for growth of the ATC equipment. Increase in number commercial and defence aircraft in all geographical area demands and requires effective air traffic control driving the equipment market.
Supplementary systems will drive the market but there will retrofitted aircraft health monitoring systems will continue to generate revenue. Low Cost carriers will be the primary driver for retrofitted aircraft health monitoring systems.
The growth is mainly attributed to the increasing demand of commercial aircrafts coupled with increasing number of air passengers globally.
The global airline industry is divided primarily into regional and international players. The data on the number and type of planes operated by each airline is then extracted. (More than 900 airlines in operation currently)
Americas and Europe has the highest market share in global conducted electrical weapons market owing to the increasing use of stun belts and stun weapons in prisons.
The global target drone market was estimated to be $ 4.05 billion in 2017 and is expected to grow with CAGR of 8.51% during the forecast period.