/military2dMilitary and Civil Aviation Passive Radar Market Poised for Growth Due to Rising Defense, Projected to Reach 5.4 billion USD by 2035 with 7.1% CAGR - Industry TodayThe Military and Civil Aviation Passive Radar Market is expected to grow significantly due to rising defense spending and technological advancements, projected to reach 5.4 billion USD by 2035 with a 7.1% CAGR. Key drivers include defense modernization, enhanced air traffic monitoring, and innovations in radar detection systems. The market presents opportunities across defense, civil aviation, and border security sectors.
/digglist7dBusiness Jet Market Poised to Reach 35 Billion USD by 2035 Due to Growing Demand for Private Travel and Corporate Mobility - Industry TodayThe Business Jet Market is expected to grow from 25 USD Billion in 2024 to 35 USD Billion by 2035, driven by increasing demand for private and corporate travel, technological advancements in fuel efficiency, and the adoption of fractional ownership models.
/digglist7dReusable Launch Vehicle Market Forecast to Reach USD 22 Billion by 2035 Due to Rising Space Commercialization and Technological Advancements - Industry TodayThe report from Industry Today explores the forecast of the reusable launch vehicle market, predicting it will reach USD 22 billion by 2035. This growth is driven by rising space commercialization, technological advancements, and cost efficiency. The market is expected to expand due to increasing commercial satellite launches, government initiatives, and private sector space programs. Key players in the market include Northrop Grumman, Lockheed Martin, and SpaceX, among others.
/cybersecurity7dLaser Tracker Market Expected to Reach USD 2.5 Billion by 2035 Due to Rising Precision Measurement Demand - Industry TodayThe laser tracker market, valued at USD 1,192.2 Million in 2024, is expected to grow to USD 2.5 Billion by 2035, driven by industrial automation, aerospace precision requirements, and advancements in 3D metrology systems. Key growth drivers include rising demand for precision measurement in aerospace and defense, increasing adoption of 3D metrology, and the need for high-accuracy, portable measurement systems in automotive and heavy machinery sectors. The market is moderately consolidated, with companies like FARO Technologies, Metronor, and Zeiss leading through innovations in precision and integration with software systems. Regional growth is expected in North America, Europe, Asia-Pacific, and the Middle East & Africa, with significant opportunities in emerging economies.
/cybersecurity7dLaw Enforcement Biometric Market to Reach USD 15 Billion by 2035 Due to Rising Security and Digital Identity Initiatives - Industry TodayThe Law Enforcement Biometric Market is set to grow from USD 6.04 Billion in 2024 to USD 15 Billion by 2035, driven by rising security initiatives, technological advancements, and expanding applications in public safety. Key drivers include increasing demand for accurate identification systems, adoption of digital identity programs, and integration of biometrics with AI for predictive policing.
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