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Indian UAV Market is projected to grow at a CAGR of 20.9% during 2020-2026.
The Indian UAV market witnessed substantial growth on account of accelerating awareness, technological advancement, and growing adoption of business UAV s across verticals such as investigation, monitoring, cinematography & photography and agriculture within the country.
The eruption of COVID-19 has highlighted the importance of UAVs in Asian nation and would act in favour of the UAV trade within the upcoming years. The ministry of civil aviation and board of directors general of civil aviation (DGCA) launched the GARUD portal. The platform provides fast track exemptions to government agencies for using UAVs in their operations against the pandemic. UAVs were conjointly extensively employed by state governments to deliver necessities throughout the pandemic.
US Army looks for nontraditional business to tackle robotic vehicle sustainment May 6 The Army knows robotic combat vehicles will play an important role in the ecosystem of ground operations, and it is developing light, medium and heavy RCVs to fight alongside optionally manned or manned combat vehicles in the formation. (Courtesy of the U.S. Army) WASHINGTON The U.S. Army is tapping nontraditional businesses to tackle the challenge of future robotic combat vehicle sustainment, according to a statement from the Army Applications Laboratory. The AAL is establishing a cohort of innovators “who can develop hardware and software components around sensors and sensor data to gather, fuse and interpret RCV sustainment requirements and operational capabilities in order to deliver actionable information to decision makers,” the May 6 statement noted.
Increased Spending on Defense and Military Applications to Escalate Research Department Explosive Market Growth during 2020-2027
Research Department Explosive (RDX) Market was valued at US$ 8,061.38 million in 2019 and is projected to reach US$ 10,363.27 million by 2027; it is expected to grow at a CAGR of 3.3% from 2020 to 2027.
Research department explosive (RDX) is hard, dissolvable in different solvents such as ethanol and ether, and insoluble in water. The manufacturing process of RDX comprises multiple stages, such as nitration, raw materials storing and feeding, filtration, disintegration, and transport.
Various manufacturers are investing comprehensively in research & development activities to build up pioneering products to support the defense forces and fulfill ever-escalating product demand. RDX is used in various military and typical applications such as fireworks and cast PBX charges.
Press release content from Business Wire. The AP news staff was not involved in its creation.
Global Research Department Explosive (RDX) Market Report 2021 - ResearchAndMarkets.com
April 27, 2021 GMT
DUBLIN (BUSINESS WIRE) Apr 27, 2021
Increased Spending on Defense and Military Applications to Escalate Research Department Explosive Market Growth during 2020-2027
Research Department Explosive (RDX) Market was valued at US$ 8,061.38 million in 2019 and is projected to reach US$ 10,363.27 million by 2027; it is expected to grow at a CAGR of 3.3% from 2020 to 2027.
Research department explosive (RDX) is hard, dissolvable in different solvents such as ethanol and ether, and insoluble in water. The manufacturing process of RDX comprises multiple stages, such as nitration, raw materials storing and feeding, filtration, disintegration, and transport.