Cyber Warfare Market Worth $91.75 Billion By 2025

The global cyber warfare market is expected to reach USD 91.75 billion by 2025, according to a new study by Grand View Research, Inc. The increasing number of cyber-attacks are emerging as a significant threat across the globe. The dependence of organizations on information technology and the valuable & sensitive nature of digitally-stored data have raised the stake for cyber attackers whose primary motive is to disrupt economic growth and gain technological advantages by stealing intellectual properties of national defense forces. Increased concern towards catastrophic nature of cyber warfare and national security are factors anticipated to drive the market over the forecast period.

Cyberspace disruption capabilities have outstripped nation’s focus on terrorism. The increasing cyber-attacks such as abusing digital infrastructure and network infiltration within industries and defense sector have led the government to focus more on cyberspace vulnerabilities. The growing digitization in different nations is leading to increase in data and security breaches, resulting in cyber-crime. In light of the growing cyber incidence, increased cybersecurity spending is proposed, and warfare units are established by the governments aimed to protect nation’s sensitive information and deter potential of the cyber threat. Moreover, governments have developed more sophisticated cyber military capabilities to mitigate the emerging threats.

Increasing application of cyber warfare system within the corporate sector can be attributed to growing number of security threats amid defense contractor companies. The data breaches have compromised sensitive information such as blueprints, project details and testing results & reports from the companies which are the important factor for national security. The increasing breaches are impelling many organizations to make investments in security enforcement and detection tools. Moreover, to deter cyber espionage, monitor, and subvert other nations’ defense systems by infiltrating defense contractor system, application of cyber warfare system in the corporate sector is anticipated to drive market growth.

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https://www.grandviewresearch.com/industry-analysis/cyber-warfare-market

Further key findings from the study suggest:

The defense application segment is estimated retain its dominance in the market and is projected to reach USD 27.94 billion by 2025.
The government application segment is anticipated to register a healthy CAGR of 19.1% over the forecast period.
The corporate application segment is anticipated to witness a high CAGR of 19.8% over the forecast period.
North America was valued at USD 8.22 billion in 2016 and is expected to hold a dominant share in the market by 2025. The region was followed by Europe which held a market share of 25.44% in 2016 of the overall market share.
Asia Pacific region is anticipated to be the fastest growing region for the cyber warfare market, growing at of CAGR of 21.1% over the forecast period.
The key players in cyber warfare market include BAE System Plc, Boeing, General Dynamic Corporation, Lockheed Martin Corporation, and Raytheon Company, among others.

Portable Solar Charger Market Worth $1.7 Billion By 2025

The global portable solar charger market size is anticipated to reach USD 1.7 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 21.3% over the forecast period. Shifting consumer inclination towards on-the-go environmental friendly products due to increasing awareness related to depleting energy resources is a main factor driving the sales of portable solar charger over the forecast period. Moreover, government bodies in India and Africa provide subsidies on rechargeable products such as lanterns, lamps, torch, and batteries in order to increase energy access to people not connected to electric grid. In addition, increasing penetration of mobile phones in the rural parts of Africa and India is expected to create huge opportunity for these chargers in upcoming years.

Small portable solar charger held a leading market share in 2018. The foldable segment is anticipated to expand at the fastest CAGR of 22.0% over the forecast period. The U.S. military is increasingly shifting towards renewable energy resources in order to reduce its dependency on oil energy, which is expected to increase adoption of solar panel and chargers in upcoming years. Moreover, increasing use of various electronic surveillance equipment by military is expected to boost demand for the foldable solar chargers over the forecast period.

The individual segment held a leading share of 69.5% in 2018. Increasing participation in outdoor activities such as hiking, biking, and mountaineering, especially in developed countries, is expected to provide growth opportunity for these types of chargers. The number of bikers traveling globally is continuously increasing to cement their love for riding. This trend has encouraged many tour organizers to roll out riding tours outside India. In addition, many bike manufacturers are hosting tours internationally to promote their brands.

Asia Pacific emerged as the largest regional market in 2018 on account of growing product visibility, especially in India, Bangladesh, and Indonesia. Moreover, government organizations including the World Bank, International Finance Corporation, and Global Off-Grid Association have undertaken supportive initiatives to increase energy access to remote areas and villages with off-grid solar power. North America is anticipated to expand at a CAGR of 20.9% from 2019 to 2025. This growth is attributed to increasing product penetration, coupled with rising popularity of adventurous outdoor activities on account of increasing awareness related to maintaining a healthy life.

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https://www.grandviewresearch.com/industry-analysis/portable-solar-charger-market

Further key findings from the report suggest:

U.S. is a leading country in the North America market, expanding at a CAGR of 20.8% from 2019 to 2025. The market is driven by shifting preference towards environment friendly products including solar chargers
The portable solar charger market in Europe is expected to reach USD 385.5 million by 2025
Asia Pacific held the largest market share in 2018 owing to rise in product availability. India held more than 25.0% share of overall revenue in 2018 on account of rising popularity of solar charger among residential users
The global market is highly competitive in nature due to presence of companies including Goal Zero, Voltaic Systems Systems, EMPO-NI off-grid solutions, Anker Innovations Limited, Instapark, Suntactics, X-DRAGON, Renogy, and Powertraveller International Ltd.

Command and Control Systems Market Worth $25.04 Billion by 2025

The global command and control systems market size is anticipated to reach USD 25.04 billion by 2025, registering a CAGR of 3.8% over the forecast period, according to a new report by Grand View Research, Inc. Increasing military budgets of Asian countries, such as China and India, rising influence of terror groups in Iraq, Syria, and Palestine, and technological advancements in defense industry are anticipated to fuel the Command and Control (C2) demand.

Geopolitical conflicts in Asian countries, such as India, China, and Pakistan coupled with multinational military practices performed by the armed forces in Middle East are expected to fuel the demand for C2 systems as they enhance efficiencies of military operations. Command and control systems offer technological advantages, such as real-time information sharing and situational awareness, which enhance operational competences of military operations. Moreover, extensive adoption of C2 systems to effectively manage mission-critical situations in the commercial sector as well as manufacturing, transportation, and other industries is predicted to drive the market over the forecast period.

The maritime segment is estimated to witness the highest growth over the forecast period. Growing investments in naval development across the world along with increasing global trade activities and usage of cargo ships in maritime trade are contributing to the segment growth. Technological advancements offer benefits such as higher efficiency in battlefield operations, situational awareness and effective planning and decision making in mission-critical situations.

Some of the major vendors active in the Command and Control (C2) systems market are Lockheed Martin Corporation, BAE Systems, Rockwell Collins, and The Boeing Company. Vendors operating in the market are poised to witness a rise in the demand owing to increasing technological advancements.

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https://www.grandviewresearch.com/industry-analysis/command-control-systems-market

Further key findings from the study suggest:

Maritime is predicted to register the fastest CAGR of 5.5% over the forecast period owing to the increasing marine trade, need for safety and security of the shipping operations and growing investments in naval forces by the developed countries
The land segment is anticipated to hold the largest market share throughout the forecast period due to the increasing adoption of the C2 systems in land-based military operations
Asia Pacific is anticipated to be the fastest growing regional market, on account of the growing geopolitical conflicts and military expenditures on the next generation of communication activities
Some of the prominent players operating in the command and control systems market are Lockheed Martin Corporation, BAE Systems, Rockwell Collins, and The Boeing Company.

Head Mounted Display Market Size Worth $11,793.3 Million By 2020

The head mounted display market has witnessed substantial growth over the past few years, with a study by Grand View Research stating that increased proliferation of the technology in various critical end-use sectors such as healthcare and manufacturing has heavily aided in the positive development of the industry.

The global head mounted display market size is projected to reach USD 11,793.3 million by the year 2020, as per a study by Grand View Research, Inc. A head mounted display, or HMD, is a display device consisting of a small display optic, either in front of one or both the eyes. The continued adoption of technology and innovation in major industries such as gaming and entertainment, military and defense, simulation, sports, and healthcare, among others, has led to a widespread acceptance and adoption of these devices. Furthermore, there has been a sharp drop in silicon wafer costs globally, which has had a direct impact on micro-display prices, which account for a sizable percentage of the resultant HMD cost. Moreover, the growing demand for wearable, lightweight devices among a sizable global population is expected to be a key driving force for the HMD market.

Defense services are a key contributor to global demand, wherein head-mounted displays aid in security, imaging, and tracking. With the continued heavy investments by governments into their respective national defense infrastructure, there is a huge scope for sustained growth in the manufacturing and demand of innovative equipment, such as HMDs. The residential and consumer sector also has shown high affinity for such products, mainly for gaming and entertainment purposes, which has driven the market growth. Head-mounted displays offer a high degree of mobility and computing power, as well as a highly immersive and enriching experience. The arrival of virtual reality (VR) and augmented reality (AR) in the consumer space has also heightened expectations of innovation from HMD manufacturers. Additionally, the rising demand from the automotive prototyping space is expected to offer a key growth opportunity for industry participants. Training and simulation is another major industry growth driver, as the technology is safe and feasible for trainees for facing scenarios that can be risky in real-life, such as driving and aviation.

The global head mounted display market is broadly segmented on the basis of product, end-use, and application. With regards to product, the market is classified into helmet mounted display and wearable glass; the major end-use segments include defense and consumer, with consumer end-use comprising AR, VR, and gaming. The notable application areas of HMD include imaging, security, tracking, and training and simulation. Some of the notable organizations to have invested and introduced novel products and services in the head mounted display industry include BAE Systems, Google Inc., Imagine Corporation, Seiko, Rockwell Collins, Epson, Vuzix, and Sony Corporation, eMagin Corporation. These companies have indulged in innovative product launches, mergers and acquisitions, as well as collaborations with major industry experts, as their major strategies to expand geographical reach.

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https://www.grandviewresearch.com/industry-analysis/head-mounted-display-hmd-market

Head Mounted Display Market Report Highlights

The healthcare sector has been steadily witnessing the proliferation of smart glasses and head mounted displays, as they offer clinical usefulness, improve collaborative efforts among institutions, and offer HIPAA compliant technology solutions
Helmet mounted displays accounted for over 60% of the market in 2013, owing to widespread use in the defense segment; however, these products are expected to lose market share due to the growing popularity of wearable glass
The defense segment accounted for over 70% of the HMD market in 2013 and is expected to remain the dominant end-use segment over the forecast period. These devices have proved to be highly efficient during training regimes and in locations with poor visibility.
The increasing popularity of augmented and virtual reality is expected to drive the consumer segment in the near future, as widespread availability of gaming consoles and accessories, coupled with increased disposable income, acting as the major demand drivers
The training and simulation segment is expected to account for a substantial share in the overall market through 2020, on account of the growing use of HMDs in medical as well as military training modules.
North America accounted for more than 35% of the global HMD market in 2013; on the other hand, the Asia Pacific region is expected to exhibit high growth over the coming years
The establishment of manufacturing facilities along with technology advancement due to the presence of Japan, South Korea, and China is expected to fuel regional market growth. Furthermore, the region is steadily emerging as a gaming hub, which is expected to offer numerous growth opportunities to market players
In December 2020, eMagin Corporation announced the signing of a 10-year lease regarding the expansion of their footprint to around 63,000 square feet, as part of their aim to improve their capability for offering high resolution, high brightness OLED microdisplays
In February 2021, Vuzix announced the completion of the first development phase of a customized head mounted waveguide-based display system for assisted medical cancer surgery, in partnership with a US-based medical institute

Paint Protection Film Market Worth $484.7 Million By 2027

The global paint protection film market size is projected to reach USD 484.7 million by 2027, according to a new report by Grand View Research, Inc. It is projected to register a CAGR of 6.9% over the forecast period. Rising consumer awareness regarding vehicle paint protection against bug splatters, stone chipping, and abrasions is anticipated to fuel the demand for paint protection film (PPF).

paint protection films market is moderately fragmented in nature and is moving towards consolidation. Abundant availability of raw materials and presence of several major players with adequate production capacities have resulted in an increased competition among the players. Product durability, price, and environment friendliness are estimated to be the key factors influencing buyer decision.

The product is widely available on retail as well as online platforms. However, its installation requires expertise and specially trained personnel for optimum results. Hence, a majority of players also provide after-purchase services. Furthermore, a few players have established contracts with local installers to strengthen their geographical presence.

Frequent variations in raw material pricing and declining automotive production in major economies including U.S., Japan, and Korea are expected to act as a challenge for market players. However, rapid growth of other application sectors including electrical and electronics and aerospace is likely to open new avenues for them.

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https://www.grandviewresearch.com/industry-analysis/paint-protection-film-market

Further key findings from the report suggest:

In 2019, the automotive and transportation segment dominated the paint protection film market in terms of volume, wherein a majority of the demand is derived from the passenger cars segment owing to the superior color protection properties of PPF
In terms of value, the aerospace and defense segment is estimated to register a CAGR of over 12.0% over the forecast period. This is attributed to increasing investments in the aircraft and defense sectors in China, U.S., and India
Asia Pacific dominated the market with USD 109.5 million in 2019 since it is the largest producer and consumer of automotive as well as electrical and electronic products
Key players operating in the market are 3M Company; Eastman Chemical Company; KDX Composite Material; XPEL, Inc.; and Avery Dennison Corporation
Mergers, integrations, tie-ups with third-party installers, innovative manufacturing techniques, and wide distribution channel are projected to be the key success factors for manufacturers to sustain competition.

Magnesium Alloys Market Size Worth $6.6 Billion By 2027

The global magnesium alloys market size is expected to reach USD 6.62 billion by 2027 registering a CAGR of 9.9%, according to a new report by Grand View Research, Inc. Increasing magnesium content per vehicle is projected to drive the demand of magnesium alloys products over the next forecast period.

Auto manufacturers are now shifting to lightweight materials, such as magnesium, aluminum, and composite materials, to reduce the emissions from vehicles. Rising preference for fuel-efficient vehicles is projected to boost the usage of such lightweight materials, thereby augmenting the product demand.

In terms of mass, magnesium is the lightest metallic material used in the die casting process. Magnesium alloys have 30% lesser density than aluminum, which boosts their usage in vehicles and aerospace applications. Also, as compared to aluminum and steel, these components can save nearly 25 to 40% and 55% of weights respectively.

Aerospace & defense sector is projected to provide numerous growth opportunities for the market as the product is widely used in airplane structures. China is a key producer of magnesium and accounted for more than 80% of the production in 2018, as per data published by the United States of Geological Survey. However, recent outbreak of coronavirus disease (COVID-19) is projected to hinder market growth in the country.

Numerous companies and research institutes are investing in R&D for the development of advanced products. This is likely to have a positive impact on the market growth. For instance, in July 2019, Monash University found a technique that can be useful in producing lightweight and stronger alloys for automotive and aircraft applications.

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https://www.grandviewresearch.com/industry-analysis/magnesium-alloys-market

Further key findings from the report suggest:

The automotive & transportation was the largest application segment in 2019 and is likely to expand further at the fastest CAGR during the forecast period
The growth of the segment is attributed to incessant production of vehicles and increasing magnesium content per vehicle
Asia Pacific held the highest volume share in 2019 and is projected to maintain its position during the forecast period
Rapid expansion of the automotive sector and increasing demand for electric vehicles (EVs) are anticipated to remain key drivers for the regional market
Key vendors in the global market are Magontec Ltd.; Magnesium Elektron Ltd.; Ka Shui International Holdings Ltd.

Metal 3D Printing Market Worth $14.56 Billion By 2027

The global metal 3D printing market is estimated to reach USD 14.56 billion by 2027, according to the new report by Grand View Research, Inc. The market is expected to register a CAGR of 19.2% from 2020 to 2027. Metal 3D printing is also referred to as Additive Manufacturing (AM) as it involves the successive addition of layers of materials in various 2D shapes using an additive process. These layered 2D shapes are built upon one another to form a three-dimensional object. The process is different from the subtractive method of production, which begins with a block of metal and the unnecessary metal is ground out to obtain the desired object.

The metal 3D printing industry is estimated to exhibit significant growth throughout the forecast period owing to a combination of numerous factors such as growing demand for rapid prototyping, which allows the manufacturers to design and develop better products and systems. Additionally, the ease of manufacturing and added benefits offered by the 3D printing technology are the major factors behind the greater adoption of the technology across various industry verticals.

Metal 3D printing is widely adopted in the industrial sector owing to the growing need for enhanced product manufacturing and a shorter time to market. The automotive vertical happens to be the most significant adopter of the metal 3D printing technology and eventually leading to the largest market share of metal 3D printers for industrial applications over the forecast period. Additive manufacturing is anticipated to evolve over the forecast period.

The market is subject to witness a considerable economical appearance rather than being just a labor-intensive industrial manufacturing technique. Particularly in developing economies, such as Brazil, South Africa, and India, machining shops have managed to adopt alternative business models by installing 3D printers and offer related services, such as 3D printing materials, filaments, 3D modeling, and 3D printer software.

The metal 3D printing technology happens to be capital-intensive technology. At the same time, manufacturers are holding to their misconceptions about prototyping rather than realizing the advantages associated with metal 3D printing. Moreover, the market lacks the standard process controls and a skilled workforce required for metal 3D printing. These are some of the factors that are expected to restrain market growth. However, government initiatives aimed at increasing awareness and promoting the benefits of adopting metal 3D printers are expected to help in countering the market restraints.

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https://www.grandviewresearch.com/industry-analysis/metal-3d-printing-market

Further key findings from the report suggest:

North America accounted for the largest market share in 2019 owing to the early adoption of the technology s
The U.S. being the highest revenue generating country in 2019 in the North America regional market, the region is predicted to exhibit steady growth over the forecast period
Increasing adoption of metal 3D printers in the healthcare, automotive, and consumer electronics verticals is likely to drive the market growth significantly
The Asia Pacific regional market, which is emerging as a manufacturing hub for several industry verticals, is forecast to grow significantly in future as the continued urbanization triggers the need for infrastructure and prompts the automotive, consumer electronics, aerospace and defense, and healthcare verticals to adopt metal 3D printing, particularly in countries, including China, Japan, and South Korea.

Cyber Warfare Market Worth $91.75 Billion By 2025

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https://www.grandviewresearch.com/industry-analysis/cyber-warfare-market

The defense application segment is estimated retain its dominance in the market and is projected to reach USD 27.94 billion by 2025.
The government application segment is anticipated to register a healthy CAGR of 19.1% over the forecast period.
The corporate application segment is anticipated to witness a high CAGR of 19.8% over the forecast period.
North America was valued at USD 8.22 billion in 2016 and is expected to hold a dominant share in the market by 2025. The region was followed by Europe which held a market share of 25.44% in 2016 of the overall market share.
Asia Pacific region is anticipated to be the fastest growing region for the cyber warfare market, growing at of CAGR of 21.1% over the forecast period.
The key players in cyber warfare market include BAE System Plc, Boeing, General Dynamic Corporation, Lockheed Martin Corporation, and Raytheon Company, among others.

Marine Fuel Injection System Market Size Worth $6.3 Billion By 2027

The global marine fuel injection system market size is expected to reach USD 6.30 billion by 2027, registering a CAGR of 3.36% over the forecast period, according to a new study conducted by Grand View Research, Inc. Marine fuel injection system is a combination of several components that include injectors, pumps, and valves. These components form a vital part in the entire propulsion system of the ship and are responsible for maintaining the adequate supply of the fuel in the combustion chamber for efficient functioning of the engine.

These systems require frequent replacements or repairs when used for marine applications. In addition, the shipbuilding companies are required to abide by the stringent emission regulations imposed by the government of their respective nations. Therefore, proper and efficient functioning of these systems is required to maintain the engine efficiency.

The product suppliers across the globe are undertaking strategic initiatives to develop innovative products with better efficiency and enhanced engine performance. Moreover, growing concern with regards to emission regulation is also making component suppliers to improvise their product offerings.

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https://www.grandviewresearch.com/industry-analysis/marine-fuel-injection-system-market

Further key findings from the study suggest:

A rise in the global seaborne trade is one of the major factors driving the market growth
Fuel injector segment is expected to account for the largest market share during the forecast period owing to the short lifespan of these components
Commercial application segment led the market in 2018 and is expected to maintain its dominance throughout the forecast years owing to widespread usage of cargo/container ships
Asia Pacific is anticipated to be the largest regional market followed by Europe owing to increasing demand for personal watercrafts in countries including Australia and China
The key companies in the market include Caterpillar, Inc.; Rolls-Royce Plc; Yanmar Co. Ltd.; Woodward, Inc.; and Liebherr International AG

Command and Control Systems Market Worth $25.04 Billion by 2025

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https://www.grandviewresearch.com/industry-analysis/command-control-systems-market

Further key findings from the study suggest:

Maritime is predicted to register the fastest CAGR of 5.5% over the forecast period owing to the increasing marine trade, need for safety and security of the shipping operations and growing investments in naval forces by the developed countries
The land segment is anticipated to hold the largest market share throughout the forecast period due to the increasing adoption of the C2 systems in land-based military operations
Asia Pacific is anticipated to be the fastest growing regional market, on account of the growing geopolitical conflicts and military expenditures on the next generation of communication activities
Some of the prominent players operating in the command and control systems market are Lockheed Martin Corporation, BAE Systems, Rockwell Collins, and The Boeing Company.