Today: June 30, 2024
In 2023, the global drone package delivery market was worth $314.4 million. This market is expected to grow significantly in the coming years. By 2024, it is projected to be worth $472.2 million. Then, by 2032, it is expected to reach $5,764.5 million. That’s…
In 2023, the global smart weapons market (advanced military technologies) was worth $18.99 billion. Experts predict this market will grow to $20.20 billion in 2024 and reach $45.24 billion by the year 2032. This growth is expected to happen at a rate of 10.61%…
The global drone sensors market share was worth $394.7 million in 2020. That market grew by 20.25% in 2020, which was higher than the average annual growth rate of 17-20%. Going forward, the drone sensors market is projected to grow significantly, from $394.7 million…
The global space propulsion market size was valued at $7.31 billion in 2021. It’s expected to grow to $9.70 billion in 2023 and then reach $30.21 billion by 2031. That’s a projected annual growth rate of 15.24% over that period. In 2020, during the pandemic,…
The global armored vehicles market was worth around $19.5 billion in 2022. This is expected to grow to $22.2 billion in 2023 and then continue increasing to reach $33.9 billion by the year 2030. The projected growth rate for this market over that time…
The global aircraft engine market share is expected to continue growing rapidly over the next several years. Industry analysts project the market size will reach $112.61 billion by 2029, representing a strong compound annual growth rate of 10.87% during that forecast period. The driving…
The global armored vehicle market size in 2022 was approximately $19.5 billion. It is expected to grow to $22.2 billion in 2023 and continue to expand to $33.9 billion by 2030. An average annual growth rate of 6.2% is expected from 2023 to 2030. Therefore,…
In 2020, the global smart weapons market was worth $17.17 billion. It is expected to grow to $30.12 billion by 2028, at a rate of 8.02% per year between 2021 and 2028. The COVID-19 pandemic had a significant impact worldwide. For the smart weapons…
The global light weapons market was worth $12.61 billion in 2019. It is expected to grow to $25.61 billion by the year 2032. This is a growth rate of 5.60% per year during that time period. The global light weapons market has been experiencing significant…
In 2020, the global smart weapons market was worth $17.17 billion. It’s expected to grow to $30.12 billion by 2028, with an annual growth rate of 8.02% from 2021 to 2028. The COVID-19 pandemic has had a big and unexpected impact worldwide, causing a…
