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 Internet of Things, automation, machine-to-machine […] More

Research and Markets has launched findings of its report that sets the compound annual growth rate of the global man-portable military electronics market at 4.51 percent from 2014 to 2019. The report features an analysis of five tier-one market vendors and presents factors that Research and Markets believes will drive the market over the forecast […] More

A MarketsandMarkets report forecasts the value of the global unmanned aerial vehicles market to hit $14.9 billion in 2020, with an 8.12 percent compound annual growth rate from 2015 to 2020. The research firm said Tuesday the UAV market’s value reached $10.1 billion this year and North America accounted for about 65.53 percent market share. Technological […] More

Lockheed Martin has completed a second round of F-35C at-sea tests aboard the USS Dwight D. Eisenhower to check the maneuver, launch and nighttime operations of the F-35‘s carrier-based variant, Reuters reported Friday. Andrea Shalal writes those tests included night flights in which pilots used helmets that Rockwell Collins and Elbit Systems redesigned for the U.S. Navy. The Navy […] More

A Visiongain study, released by ReportLinker, forecasts global revenue from border security platforms and services will be approximately $16.4 billion this year. The 364-page market research report examines key factors that Visiongain believes can affect worldwide, regional and national spending on products designed to help authorities monitor cross-border activities, ReportLinker said Wednesday. Visiongain categorized the […] More

Research and Markets has released a new report that forecasts smart commercial drones markets will grow to $27.1 billion by 2021 from $3.4 billion in 2014. The report predicts commercial-grade consumer video drones will take the largest chunk of revenue throughout the forecast period, Research and Markets said Sept. 11. According to the data services provider, the growth […] More

A fresh Research and Markets report predicts the global maritime and border security market will reach $23.7 billion by 2025 from $15.6 billion in 2015, representing a compound annual growth rate of 4.23 percent. The report indicates internal security threats will bolster the demand for maritime and border security products and services, Research and Markets […] More

A new Research and Markets report predicts the U.S. market for military aviation heads-up display systems to rise at a compound annual growth rate of 3.49 percent from 2014 to 2019. The market research firm said Tuesday there will be an increase in demand for U.S.-made multipurpose and combat military helicopters in Asia Pacific as countries […] More

A Grand View Research report predicts the use of unmanned aerial vehicles for law enforcement and agricultural activities will put the commercial UAV industry on track to hit $2.07 billion in value by 2022. The research firm said Thursday it found that drone applications in the government sector accounted for more than 40 percent of […] More

Rockwell Collins has unveiled its helmet mounted display system for F-35 fighter aircraft pilots during an event held Tuesday at the company’s headquarters in Cedar Rapids, Iowa. A Rockwell Collins–Elbit Systems of America joint venture built the Gen III F-35 HMDS and the device is scheduled for inclusion to Lockheed Martin‘s low rate initial production […] More

A Research and Markets report predicts that the global market for C4ISR systems will grow at a 3.67-percent compound annual growth rate through 2019. The company said Wednesday the Middle East and Asia-Pacific regions will see the most growth with a combined 30-percent market share due to increased defense budgets and demand for C4ISR technologies. According to the […] More

The man-portable military electronics industry is poised to enjoy a 3.8 percent compound annual growth rate from 2012 to 2019 due to an increase in defense system modernization efforts globally, according to a Transparency Market Research report. The research firm said Thursday it forecasts man-portable military electronics to reach a market value of $19.7 billion […] More