The future of avionics safety would definitely boom in the upcoming years. The huge investments in the field of artificial intelligence (AI) and machine learning (ML) tools, followed by the rapid advancements in Big Data, could all be seen as a promising way of promoting safety in the field of aviation.
The demand for private jets has skyrocketed during the COVID-19 pandemic, and this is expected to continue over the coming years. On the other hand, the future of midsize jets rely solely on lowering variable costs and enhancing sustainability.
The aerospace adhesives are widely utilized in the aerospace applications. These applications cover the exterior, interior and engine compartment of an aircraft. The global aerospace adhesives market was valued at around USD 881 million in the year 2022 and is projected to reach USD 1730 million by 2035 by growing at a CAGR of around 5% between 2023 and 2035.
Marine Robotics is all set to become one of the most dynamic markets in the coming years. New advancements have been introduced in the marine sector such as the marine internet of things, and radar sensors which are anticipated to bring lucrative growth opportunities for global market growth during the forecast period.
Maritime shipping is one sector that is particularly at risk owing to its high concentration of infrastructure and critical assets. Our analysis finds that over 50% of all global trade passes through sea lanes, which makes them a prime target for hackers looking to inflict economic harm.
Emerging trends in Robotics and Artificial Intelligence, Offshore Extractive Logistics, Innovative Materials & Technologies, and Driverless Cars on Water are Some of the Emerging Trends in the Marine and Defense Industry.