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Showing posts from December, 2022

Small Satellite Segment to Dominate Global Launch System Payload Market through 2024

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Growing demand for satellites in various applications and increasing investments in satellite launch industry to drive global launch system payload market through 2024 According to TechSci Research report,  “ Global  Launch System Payload Market  By Class, By Orbit, By End User, By Region, Competition, Forecast & Opportunities, 2024 ” , global launch system payload market is expected to grow at impressive rate on account of growing demand for positioning satellites in space as they enable services such as environmental monitoring, communication and navigation, among others. Launch systems are rockets that help to place payloads in or outside earth orbit. Earlier, the market was consolidated by government agencies, however, with the increasing application of satellites in various applications, many private players are surfacing in the launch system payload market which is anticipated to steer growth in the market through 2024.  Global launch system payload market can be segmented ba

Asia-Pacific Connected Aircraft Market to Grow at Double Digit CAGR During 2024

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  Growing demand for providing in-flight internet access to the passengers to drive Asia-Pacific connected aircraft market through 2024 According to TechSci Research report,  “ Asia-Pacific Connected Aircraft Market  By Type, By Aircraft Type, By Application, By Connectivity, By Frequency Band, By Entertainment Systems, By Country, Competition, Forecast & Opportunities, 2024 ” , Asia-Pacific connected aircraft market is projected to grow at impressive rate during the forecast period on account of growing demand for improving the operation efficiency and upgradation of existing aircraft fleet. Connected aircraft are designed to provide passengers with in-flight entertainment such as news, high quality audios, games, video, among others. Moreover, connected aircraft helps to capture real-time data information, by integrating data centric architecture into modern aircraft which is expected to positively affect the growth of the market through 2024. Asia-Pacific connected aircraft mark

Growing Investment by the Key Players to Support the Growth of the Global Aircraft Piston Engine Market

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  Incentives for piston engine aircraft show to be a prominent market driver due to the growing need for better and more comprehensive safety and navigation systems aboard the aircraft. According to the TechSci Research report,  " Aircraft Piston Engine Market-Global Industry Size, Share, Trends, Competition, Opportunity and Forecast, 2018-2030F,"  the Global Aircraft Piston Engine Market is anticipated to grow at a decent rate in the forecast years 2023-2030.  In the year 2021 more of the private aircraft order were placed, which has encouraged associated aerostructure manufacturers and integrators alike to enhance their production capabilities.  The properties of piston engine, like high thermal conductivity, low density, easy machinability, simple net-shape fabrication techniques (casting and forging), and low fuel efficiency, are driving the global market for aircraft piston engine. Additionally, a rise in the purchase of training aircraft fuels the expansion of the aircr

Advanced Aviation Technology is Driving the Growth of Terrain Awareness and Warning System Market

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  Rising demand in the defense and commercial aircraft, advanced aviation technology, and high demand for collision avoidance systems is increasing the demand for the Global Terrain Awareness and Warning System Market . According to the TechSci Research report,  "Terrain Awareness and Warning System Market-Global Industry Size, Share, Trends, Competition, Opportunity and Forecast, 2018-2030F" , the market is anticipated to grow with the rapid CAGR in the upcoming years. A Terrain Awareness and Warning System (TAWS) is a safety net that alerts pilots when their aircraft is in potentially dangerous proximity to terrain, generally based entirely on radio altimeter readings and terrain closure costs derived from them. Accidents caused by controlled flight over terrain have dropped dramatically since the advent of terrain awareness and warning systems. . This technology not only provides a range of life-saving information but also acts as a very important layer of protection when