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NATO C5ISR Market Analysis, Share, Research, Business Growth and Forecast by 2029

  The global NATO C5ISR market size hit   USD 69.50 billion in 2021 . The market value is slated to rise from   USD 73.08 billion in 2022  to   USD 110.85 billion by 2029 , exhibiting a   CAGR of 6.13%   during the forecast period. As a worldwide Command and Control (C2) framework, C5ISR extends military C2 capabilities by providing command and control authority, situational awareness, secure encrypted communication, and military directives to assigned forces, says   Fortune Business Insights TM   in its report titled,   “NATO C5ISR Market, 2022-2029”. Economic Impact of Russo-Ukrainian War is Hampering NATO C5ISR Market Growth The Russia-Ukraine War initiated in February 2022 affected various industries across the globe. Strict travel bans over the Ukrainian Airspace have been announced worldwide. The Russia-Ukraine War has impacted the market in 2022. The Russia-Ukraine war increases defense expenditure and strengthens defense forces from NATO countries. Most European countries have

Marine Vessel Market Size, Analysis, Share, Research, Business Growth and Forecast to 2028

The global marine vessel market size is set to gain momentum from the ongoing innovations in the shipping industry to enhance energy efficiency. Hence, companies are rapidly shifting towards eco-friendly hybrid propulsion systems to reduce cost and surge efficiency. This information is given by Fortune Business Insights™ in a report titled, “ Marine Vessel Market, 2021-2028 .” As per the report, the market stood at USD 168.56 billion in 2020. It is projected to grow from USD 170.75 billion in 2021 to USD 188.57 billion in 2028 at a CAGR of 1.43 %   during the forecast period. A list of renowned marine vessel manufacturers operating in the global marine vessel market: Hyundai Heavy Industries Co., Ltd. (South Korea) Mitsubishi Heavy Industries, Ltd. (Japan) Kawasaki Shipbuilding Corporation (Japan) Samsung Heavy Industries Co. Ltd. (South Korea) Imabari Shipbuilding Co. Ltd. (Japan) Hyundai Samho Heavy Industries Co. Ltd. (South Korea) Hyundai Mipo Dockyard Co. Ltd. (South Korea) Fincan

Aviation MRO Software Market - Detailed Analysis of Current and Forecast by 2028

The global aviation MRO software market size is slated to hit USD 9.16 billion by 2028 growing at a CAGR of 4.5% between 2021 and 2028. In its report titled “ Aviation MRO Software Market, 2021-2028 ”,   Fortune Business Insight  mentions that the market stood at USD 6.52 billion in 2020 and USD 6.73 billion in 2021. In recent years the MRO industry is significantly evolving in terms of technology and automation in aircraft maintenance. It offers solutions such as troubleshooting, repairs & modifications, and other necessary checks as prescribed by the manufacturer of the aircraft. Additionally, the adoption of big data, artificial intelligence, robotics, and other digitized technologies while performing maintenance has resulted in increased efficiency and decreased downtime. Therefore, many manufacturers are working on this technology. For instance, in June 2021 Ramco Systems announced it will provide its Aviation M&E MRO Software V5.8 to Bristow Group for maintaining engineer