A Technavio report forecasts the compound annual growth rate for the global military submarine photonics mast and antenna market will reach nearly 6 percent by 2021 due to a demand for multifunctional antennas and submarine modernization efforts in the defense sector. The research company said Thursday the cost of modular optronics mast, use of …
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Technavio Forecasts 15% Annual Growth for Low-Light-Level Imaging Sensor Market
A Technavio report predicts that the global market for low-light-level imaging sensors will experience a 15-percent compound annual growth rate from 2017 through 2021. Technavio reported Thursday it found that night-vision devices accounted for nearly 55 percent of the total market revenue last year, driven by defense organizations’ increased adoption of low-light-level imaging sensors. …
Read More »Technavio Estimates Global Military Vertical Take-Off, Landing Aircraft Market CAGR at 4% in 2016-2020
Technavio has released a new report that indicates the global military vertical take-off and landing aircraft market will reach a compound annual growth rate of nearly 4 percent from 2016 through 2020. Technavio said Wednesday the market is segmented into military powered-lift VTOL aircraft and military rotorcraft VTOL aircraft market, …
Read More »Technavio Lists Top Five Vendors in Portable Comms Market through 2020; Moutushi Saha Comments
A new Technavio report has cited General Dynamics, Harris, L-3 Communications, Rockwell Collins and Thales as the tier-one vendors in the global man-portable communication systems market through 2020. Technavio said Monday that in-house manufacturing, fresh technologies, global footprint network, product offerings, research and development investments and robust customer base are the …
Read More »Technavio: Global Defense IT Spending Market to Reach $108B by 2020
Technavio has forecasted that global defense information technology spending will reach $108.4 billion by 2020 as continued demand for IT and technology offerings in the defense industry drive the need for technological support services. The company said Friday the market will see a compound annual growth rate of at least three percent over the forecast …
Read More »Technavio: Directed Energy Weapons Market Predicted to Grow 29% by 2020
A Technavio report forecasts a compound annual growth rate of 29 percent for the directed-energy weapons market by 2020 due to the continuous demand for DEW systems and equipment in law enforcement. The report published April 2016 by Research and Markets states that demand for non-lethal weapons is a primary driver in the market, with the U.S., …
Read More »Technavio Predicts Global Radar Systems & Technology Market CAGR of 3% by 2020
Technavio has predicted a compound annual growth rate of three percent for the global radar system and technology sector by 2020 in its latest report on the market. Factors including the recent shift toward next-generation military radar systems and the implementation of radar-absorbing materials are possible prospects to drive market …
Read More »Technavio: Cobra Curved Displays, UAVs to Drive US DoD Training & Simulation Market Through 2019
A new Technavio report predicts the U.S. Defense Department market for training and simulation platforms to hit $13 billion by 2019 and be driven by the adoption of cobra curved display systems designed for flight simulators. Abhay Singh, an industry analyst for Technavio’s defense and technology research, said Friday U.S. service …
Read More »Technavio Names Top 5 Vendors in Global Data Loss Prevention Applications Market
Technavio has compiled a list of the leading vendors in the company’s global data loss prevention applications market report projected to make an impact in a forecast period of 2015 to 2019. The top five companies in the list are EMC, McAfee, Symantec, Trend Micro and Websense that are expected to deliver systems that can provide …
Read More »TechNavio Names Top 5 Military Manpack and Vehicular Radio Vendors
TechNavio released a new report in February on global military manpack and vehicular radio systems that includes the research firm’s list of the top five vendors in the field and other prominent companies. The Global Military Manpack and Vehicular Radios Market 2016-2020 report named Barrett Communications, Finmeccanica, Harris, Radmor and Thales as the five key vendors in …
Read More »Technavio Sees 8% CAGR for Global Network Security Market in 2014-2019
A new Technavio report predicts the global network security market will grow 7.84 percent year over year through 2019 on increases in use of mobile devices. The report compares products and features for market vendors and discusses what drives and inhibits the market, Technavio said Thursday. Technavio also described the market as …
Read More »Technavio: Global Professional Service Robotics Market to See 22.65% CAGR in 2015-2019
Technavio has forecast the global professional service robotics market to climb at a compound annual growth rate of 22.65 percent from 2015 through 2019. Technavio commented that the application of professional service robots in helping humans to perform various operations creates a global demand for robotics. The report also finds that …
Read More »Technavio Sees UAE Healthcare IT Market Growth at 11% Through 2019
Technavio has released a new report that forecasts the healthcare information technology market in the United Arab Emirates to grow 11.12 percent year over year from 2014 through 2019. Reportlinker said Nov. 12 government and international incentives and standard record format requirements help to spur investments in healthcare IT in …
Read More »Technavio Sets Global UAV Flight Training, Simulation Market CAGR at 6.06% Through 2019
Technavio has released a new report that estimates the global unmanned aerial vehicle flight training and simulation market’s compound annual growth rate at 6.06 percent from 2014 through 2019. The report indicates that the growing demand for UAVs over the forecast period will drive the market, which will also see …
Read More »Technavio Forecasts Emerging Stealth ISR Aircraft Market in 2015-2019; Faisal Ghaus Comments
Technavio has released a new report that estimates the airborne intelligence, surveillance and reconnaissance market’s worldwide compound annual growth rate at 3 percent from 2015 through 2019. The market will see a rise in demand for stealth ISR aircraft during the forecast period, buoyed by investment in ISR payloads, Technavio …
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