Search results for: 'engineering services defense sector'

17 Jul 2018  |  Global  |  Market Research

Global Condition Monitoring Services Market, Forecast to 2025

Upsurge of Prescriptive Maintenance is Transforming Business Models

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Key Issues Addressed

The condition monitoring services market will undergo a significant transformation over the next 5-8 years with the advent of new technologies changing customer requirements in connectivity and analytics, and with evolving business models featuring among other services specifications. From $1.92 billion in 2017, the market revenues are expected to ...

18 Dec 2020  |  Global  |  Market Research

Artificial Intelligence-powered Electronic Test & Measurement Instruments Drive the Global Aerospace and Defense Industry

Future Growth Potential in Portable and Modular Products Boosts Demand

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The market for electronic test and measurement instruments in the global aerospace and defense industry is expected to experience an approximate 3.5% compound annual growth rate (CAGR) from 2019 to 2026. In 2019, it generated $2,041.2 million, with a base year growth rate of 2.9%. The market is set to grow further once the impact of the COVID-19 pa...

Demand for spectral sensing stems from its capability to provide high-quality images and cover a huge bandwidth in remote sensing applications. This expands the adoption scope of spectral sensing technology in other high-impact areas such as agriculture, surveillance, military and defense, food and beverage, and pharmaceuticals. There are two typ...

According to the UN, the global population will increase from 8 billion in 2020 to nearly 9.7 billion by 2050, with 70% living in cities. This urban shift will require major energy investments across residential, commercial, and industrial sectors. Rising urbanization will drive electricity generation, residential construction, and personal and com...

The Advanced Manufacturing Technology Opportunity Engine provides profiles of innovations related to autonomous mobile robots (AMRs) enabling pallet and trolley transportation across dynamic intralogistics environments; compact 6-axis robotic systems supporting modular and flexible laboratory automation; autonomous agricultural unmanned ground vehi...

17 Feb 2021  |  Global  |  Market Research

Accelerating Advanced Driver-assistance Systems (ADAS) Development Drives Growth in the Global Hardware-in-the-loop Testing Market

Future Growth Potential Enhanced by Growth Opportunities in Electric Vehicles and Aerospace and Defense Technologies

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The development of vehicles with enhanced ADAS capabilities is an important driver for the hardware-in-the-loop (HIL) testing market. This is driven by the requirement for a solution that can cost-efficiently validate the number of electronic control units ECUs incorporated into these vehicles in a short timeframe. The demand for innovative HIL tes...

Identifying growth opportunities in the test & measurement industry beyond the existing business could bring about changes in the competitive landscape. It is no longer test equipment vs. test equipment: Manufacturers cannot focus on hardware alone. Instead, the potential exists for an entirely new services model that focuses on platforms and the e...

NDT stands for non-destructive testing, and as the name suggests, the equipment is used to test a material’s properties without destroying its present or prospective usefulness.This analysis examines the key trends in the global NDT equipment market and identifies the factors that drive and restrain market growth. With 2024 as the base year, this i...

Quantum technology, which allows the manipulation and sensing of individual atoms and sub-atomic particles to exploit their properties, will enable super-sensitive chemical sensors and biosensors with improved selectivity and response time, and imaging devices with vastly improved resolution, range, and ability to see through obscurants or around c...