Global Radar Systems and Technology Market (2020 to 2024) – Featuring Airbus, BAE Systems & General Dynamics Among Others

Press release content from Business Wire. The AP news staff was not involved in its creation.

DUBLIN–(BUSINESS WIRE)–Nov 30, 2020–

The “Global Radar Systems and Technology Market 2020-2024” report has been added to ResearchAndMarkets.com’s offering.

The radar systems and technology market is poised to grow by $6.14 billion during 2020-2024 progressing at a CAGR of 6% during the forecast period.

The report on radar systems and technology market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the development of new airports and terminal expansion and growing concerns about increasing flight safety mechanism.

The radar systems and technology market analysis include application segment and geographical landscapes. This

Read More

Global $4.42 Billion Satellite-based Earth Observation Market to 2025 – Major Players are Airbus Defense and Space, MDA, UrtheCast, and Harris

Dublin, Nov. 26, 2020 (GLOBE NEWSWIRE) — The “Satellite-based Earth Observation Market – Growth, Trends, Forecast (2020 – 2025)” report has been added to ResearchAndMarkets.com’s offering.

The global satellite-based Earth observation market was valued at USD 2,743.6 million in 2019, and it is expected to reach USD 4,427.2 million by 2025, registering a CAGR of 8.5% during 2020-2025.

Earth observation based on satellite offers value-added solutions to the businesses regarding the technical process, asset, and data management, which is likely to boost the market growth. Enhancement of equipment for geographical information and image processing has led to enormous improvisation in the performance and price of the tools, owing to which the adoption rate is increasing, thereby fueling the market.

The use of the generated satellite images for various industries across diverse economic sectors and with a wide range of new applications, lower technology barriers, and the emergence of SMEs and

Read More

Airbus, Boeing expected to turn to hybrid engine technology for new planes-lessor

CHICAGO (Reuters) – Airbus SE AIR.PA and Boeing Co BA.N are expected to turn to hybrid electric technology when they develop the next generation of airplanes because of limits on improving current engines, the head of a major aircraft lessor said on Thursday.

Airbus is already working hard on a hybrid solution but Boeing is likely to be more cautious about making a major investment in a new program given its challenges with the return of the 737 MAX and certification of the 777X, Air Lease Corp AL.N Chief Executive Steven Udvar-Hazy said at the Skift Aviation Forum.

“I have serious doubts that either Boeing or Airbus can design an all new airplane using current aerodynamic engine technologies that can have a meaningful – let’s call it double-digit advantage over what we already have,” he said in reference to fuel efficiency. “So what I see evolving is more of a

Read More