The global Antenna, Transducer And Radome Market demand is likely to exhibit a CAGR of 10.2% between 2020 and 2027. This is ascribable to factors such as rising military budgets and total modernization of military for the countries across the globe.

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The global passenger security market share is set to gain impetus from the rising investment in various countries in the construction of new airports. In the near future, Asia Pacific is estimated to possess more than 400 airports.

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The global security solutions market size is projected to reach USD 483.62 billion by 2026, exhibiting a CAGR of 8.84% during the forecast period. Consistent rise in military expenditure by major economies will propel the growth of this market.

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The global radar link market share was valued at USD 1.55 billion in 2021. The market is expected to grow from USD 1.66 billion in 2022 to USD 2.73 billion by 2029, exhibiting a CAGR of 7.39% during the forecast period.

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The global aircraft hangar market demand is set to gain momentum from the surging need to protect aircraft from windstorm, rain, and hailstorm. The report further mentions that aircraft hangars vary from one another according to the size and type of the aircraft, such as business jets, military carrier, helicopter, wide-body aircraft, and narrow-body aircraft.

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