Tissue Paper Market to Surpass $93.2 billion by 2027 | Polaris Market Research

New York City, 6 Nov 2020: The global tissue paper market size is expected to reach USD 93.2 billion by 2027 and is predicted to exhibit a CAGR of 6.1% over the forecast period.  according to a new study by Polaris Market Research.The incorporation of tissue papers in various forms such as paper towels, serviettes, bathrooms and others across the household applications. Moreover, the high availability of raw materials and increase in government support for the raise in awareness for hygiene in the developing countries are creating the adoption opportunities in the market among consumers. The increase in demand to prevent use of plastic oriented hand tissue are further improving the demand in the market for tissue papers. In the market, in 2019, the household are widely accepting the tissue papers owing to the high level of hygiene preserved by the usage of tissue paper products rather than cotton towels.

Fabrics papers are user-friendly and beneficial for cleaning and sanitation. The demand for sanitation and hygiene products in the food and healthcare industries is driving tissues products such as tissue papers and tissue towels. In addition, developments in tissue production technologies like ADT, ATMOS, and NTT fuel market growth. However, the manufacture of tissue paper produces environmental concerns such as water pollution, toxic pulping and greenhouse-gas emissions, such as CO2.

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The production processes which deliver water efficiency, energy efficiency and recycled pulp paper for sustainable production are developed by the manufacturers. In addition, Gomà-Camps Maroc, S.A.R.L., a tissue paper supplier based in Morocco, offers customized products in their tissue papers. Company customizes all tissue napkins and tablecloths according to customer requirements, using company name and corporate identity.

The high availability of raw materials at low cost and easy recyclable features are creating its demand in the emerging economies along with the change in consumer lifestyle, rapid urbanization, and increase in purchasing power of consumers. Thus, tissue papers have been shown to be much more effective than cotton towels or any other product, since one tissue only uses a piece of tissue and is dumped in waste and the fresh tissue is next taken. For several reasons, it is not a good method to maintain hygiene to use the same cotton towel. These factors drive the worldwide market for tissue paper products.

On the other hand, towels can be used for several months, while tissues are only made to be used once. There is a much higher value for the total costs of the tissues used for the average towel life. For household purposes, tissue use is always worthwhile, while the consumer has already paid a fixed price away for home purposes, and therefore household tissue paper consumption is comparatively lower than that of household tissue paper products.

Some of the key players operating in the global market include Beeta Machines Private Limited, Asia Pulp & Paper, KCWW, Georgia – Pacific, Procter & Gamble, Lotus Tissue Papers Products, Hengan China Investment Co. Ltd., Janhavi Enterprises, CMPC, Cascades and Kimberly – Clark among others.

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Autonomous Truck Market Worth $2.14 Billion By 2027 | CAGR: 12.8% | Polaris Market Research

New York City, 5 Nov 2020: The global autonomous truck market size is expected to reach USD 2.14 Billion by 2027 according to a new study by Polaris Market Research.A rapid growth has been seen in the shipment of autonomous vehicles in the recent past, which has significantly encouraged truck manufacturers or new entrants in the market to invest in this novel technology. An increase in labor costs will create possibilities for self-driving Truck that use methods that reduce errors and risks with minimized human input, especially in emerging markets. Moreover, shifting production capacities to developing countries and improving economic conditions would result in the growth of the Autonomous Truck market. Consequently, new entrants will have possibilities in the industry. This is expected to be a major driving factor in the global self-driving trucks market.

The self-driving truck works on electricity; therefore, they are considered far more environment friendly, as compared to standard trucks. The electricity-based vehicle consumes less oil and gas and reduces fuel emissions, which in turn, contributes to the growth of the global market. However, there are certain factors that impede the market growth such of risk from hackers and increase cybercrime has limit the adoption of Autonomous Truck among consumers.

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Artificial Intelligence comprises many applications in the automotive sector such as in autonomous driving and Advanced Driver Assistance Systems (ADAS). The replacements of sensors, networks are widely used that facilitate the services of lane detection. Furthermore, artificial intelligence enables to collect a large amount of data for mobile devices and IoT sensors to improve the storage process and data collection. Though in China, the rate of adoption of AI has propelled in recent years. Moreover, with the on-going trends, it is expected that more and more automotive manufacturers will enter the market in the near future.

In autonomous vehicles, the automotive manufacturers and their technology partners are engaged in the development of AI-driven systems to drive the growth of the market. These systems integrate a broad range of AI-enabled technologies, including NLP and neural networks. These technologies offer several features that increase the understanding of vehicles, enabling the safe drive with or without driver on board. With the ever-increasing demand in urban mobility and modern logistics sector, the vehicle population has been steadily growing over the past few decades. The leading automobile giants are coming up with newer self-driving features in their latest models. The respective technological developments are not confined to just communication, information technology, and data analysis; the realm of self-driving cars is also making progress at a brisk speed nowadays.

The adoption of self-driving trucks has changed travel experience due to several advantageous features, such as minimum prices, high-speed, environmentally friendly nature and energy efficiency. Driving software glitches, however, are likely to hinder the growth of the market, as this software is prone to hackers. In addition, even though there’s an autonomous truck supervisor inside the vehicle, hackers can enter the software and override the controls. Thus, the growing threat from hackers and increased cybercrime are expected to limit autonomous truck industry developments in the coming years.

A variety of techniques in Autonomous Truck are being implemented in the market that promotes environmentally friendly service, due to increasing environmental degradation and natural resource depletion. In addition, increasing sensitivity to air pollution effects and increased congestion in traffic drive the adoption of self-driven trucks, as they are fuel effective and use much less gas & power while driving than standard cars. Michelin, a tire manufacturer based in France, developed a tire-monitoring system using telematics and predictive analytics, providing a real-time view into the performance and wearing of specific tires on individual trucks to anticipate problems before they occur.

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Air Fryer Market Size is Predicted to Reach $1.3 Billion By 2027 | Polaris Market Research

New York City, 5 Nov 2020: The global air fryer market size is expected to reach USD 1.3 billion by 2027 according to a new study by Polaris Market Research. The report “Air Fryer Market Share, Size, Trends, Industry Analysis Report By Product Type (Manual and Digital); By Distribution Channel (Online and Offline); By Regions, Segments & Forecast, 2020 – 2027” gives a detailed insight into current market dynamics and provides analysis on future market growth..

The market is anticipated to register a moderate CAGR of 7.6% over the forecast period. The introduction of product innovation with upgraded designs is the key factor that drives the growth of this market. Air fryers are one of the kitchen appliances that can fry food by flowing hot air applying the convection mechanism. This appliance is available both digitally and manually. A manual air fryer is an analog air fryer that generally has two dials, time and temperature, and indicator lights that are used to indicate when the unit is on and preheated. Whereas, a digital air fryer is a type of automatic air fryer that has a digital control panel that comprises an LCD and a touch panel, which allows programmable timers without the need to reset the timer.

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The global market is driven primarily by an increase in the number of health-conscious people who opt for food without oil, to restrict cholesterol levels. Besides, an increasing disposable income of customers, research & development, and technological innovations in the industry are key factors that drive the growth of the market. The biggest challenge that impacts the growth of the market is the slow cooking time as compared to conventional frying. Air fryers take more than twice as long as conventional frying. An air fryer requires a minimum of 15-20 minutes, while conventional frying requires approximately 8-10 minutes. Like a conventional pan, a fryer should be heated for several minutes before using it. Longer cooking time is the reason to consume more energy, therefore, high electricity consumption is another factor that can hinder the growth of the fryer market.

Depending on the type of product, the digital air fryer segment had the largest market share in 2019 and is expected to maintain its dominant position throughout the forecast period. It is also estimated that the segment will record the fastest CAGR from 2020 to 2027 due to the growing demand for high quality low oil consuming kitchen appliances. Additionally, the availability of superior products with various features including fast preheating, touch screen panel, and temperature control knob, is propels the demand for digital fryers.

The offline segment had a leading market share in 2019. High product visibility and a growing number of retail stores, such as Walmart, in developing countries such as India and China, is the main factor driving the growth of this segment. The online distribution channel segment is expected to expand at the fastest CAGR during the forecast period. The growing popularity of e-commerce retailers, such as Amazon, Alibaba among others, is the key factor in boosting product sales through online channels. Furthermore, most prominent companies have their websites, which also contributes to the growth of the online segment. Europe contributed the major share in the global market in 2019 and will maintain its dominant position during the forecast period. This is due to increasing health awareness, which is resulting in the increase in demand for air fryers.

The key players in the market include Breville Inc.; Cuisinart; DASH (StoreBound LLC); Havells India Ltd.; Koninklijke Philips N.V.; KRUPS; NuWave, LLC; SharkNinja Operating LLC; TTK Prestige Ltd.; Cuisinart; Farberware; and Wonderchef among others.

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LiDAR Drone Market Size Worth $372.5 Million By 2026 | CAGR: 31.7% | Polaris Market Research

New York City, 20 Jul 2020: The global LiDAR Drone Market size is expected to reach USD 372.5 billion by 2026 according to a new study by Polaris Market Research. The demand for LiDAR drones is increasing owing to its ability to collect the data points at a faster rate. Some features offered by them include time and cost effectiveness, enhanced quality data, and increased safety. These drones are adopted across diverse applications such as transportation, forestry, hydrology, mining, and construction among others. Agriculture sector is increasingly adopting these drones for improving yield production, crop health management, and improving soil conditions.

The LiDAR Drone Market is characterized by established companies and large giants. Owing to technological advancements, and greater need to cater to customer requirements, companies are collaborating in order to strengthen market presence and gain market share. Broadening of product portfolio is another trend that is visible in the industry. Some of the major market participants include Geodetics, Inc., Faro Technology, Trimble Navigation Limited, SZ DJI Technology Co. Ltd, Velodyne LiDAR, Inc., Phoenix LiDAR Systems, UMS Skeldar, Teledyne Optech, Riegl Laser Measurement Systems GmbH, YellowScan, OnyxScan, LiDARUSA, Delair, Sick AG, MicroDrones, Leica Geosystems AG, and 3D Robotics, Inc.

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Rotary wing LiDAR drones dominated the global market in 2019. However, the demand for fixed wing is expected to increase during the forecast period owing to longer flight autonomy, larger area coverage, and improved output quality. Fixed wing drones enables improved constant control of the main parameters influencing the flight. They also offer enhanced aerodynamic performance, greater control of image quality, and noise elimination.

The range segment has been divided into is segmented into Short Range, Medium Range, and Long Range LiDAR Drones. In Feb 2018, Delair, a major provider of commercial drone launched Delair DT26X LiDAR UAV with RIEGL miniVUX-1DL sensor fully integrated. The new offering is a long-range fixed wing drone equipped with LiDAR sensing capabilities and integrated high resolution RGB (red, green, blue) camera for improved precision and efficiency of surveying and 3D mapping.

Cameras are a major component of LiDAR drones. They are used for capturing images of environment or target objects and are generally upgraded with 3D sensing technology. Efficient 3D cameras are found useful in site-surveying applications to capture finer details. The 3D cameras used can capture real-time videos. The 3D cameras are used for mapping and texturing across diverse applications such as military, aeronautics, space research, earth surface surveying, agriculture, and construction among others. The technological advancements in imaging technology would contribute to adoption of cameras with improved scan quality and response-time in LiDAR drones.

The demand for LiDAR drone is increasing from the construction sector. They are becoming popular among engineers, planners and developers for land mapping and construction activities. They assist in analysis, and strategic planning of urban settlements. These are also used for construction progress photography and topographic survey by construction and land surveying & development companies. They also find applications in development of large scale projects such as roads, railroads, canals, energy transportation lines, and piping. Government and private firms engaged in construction, engineering and mining, surveying land management and planning are likely to increase the demand of LiDAR drones in coming years to optimize traffic flow, enhanced route planning and design, detailed topographic models, and 3D modelling and reconstruction.

North America emerged as the largest market in 2019 and is expected to maintain its dominance over the forecast period. Rise in applications of LiDAR drones in agriculture, mining, defense, and government sectors in the North American region is the major driver for market growth. Rise in investment in the defense sector, along with technological advancement in telecommunication industry is expected to drive the market growth in North America during the forecast period. Use of high-resolution imaging, and increasing use in environmental control and pollution by government, and non-government organizations are expected to raise the market investment.

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Aerial Refueling Systems Market To Surpass $719.8 Million By 2026 | Polaris Market Research

New York City, 20 Jul 2020: The global aerial refueling systems market size is expected to reach USD 719.8 million by 2026 according to a new study by Polaris Market Research The aerial refueling systems have evolved over the time and continuous enhancements in technology is perceiving the growth in applications of these systems over the course of time leading to a well-established market in the future. continuous improvements are taking place in the aerial refueling systems to manufacture advanced systems with high-level precision and reliability. Air-to-air refilling has always been a key enabling factor for air military power as these systems are supporting the combat aircraft and enhancing the capabilities of these aircraft during wartime and other missions. Today’s defense air forces are majorly dependent on air-to-air refilling systems, but on the other hand, aerial refilling for commercial aircraft still seems to be a challenging task. Although, the aviation industry is looking forward to introducing aerial replenishing for long distance flights, the experts and engineers are still pondering upon the successful execution process to accomplish air-to-air refueling for commercial aircraft.

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Increasing military expenditure, growing tanker aircraft deliveries, emergence of multi-role tanker aircraft, increasing tanker aircraft fleet globally, and rising demand of long-run military aircraft for special purpose missions are some of the major factors aiding growth of market. The demand for air-to-air replenishing tanker is highly dependent upon military expenditure and thereby impacting the market for aerial refueling systems. Some of the countries in Asia Pacific region such as China, India, South Korea, & Saudi Arabia have already been increasing their military expenditure for acquisition of advanced weapon systems and aircraft. Also, the U.S. is largest country which spends highest in their defense budget globally. For instance, in 2016, the global military expenditure was estimated to be around US$ 1,695 million in which the U.S. accounted for more than 35% of share. Also, the U.S. accounts for largest fleet of military aircraft in the world which in turn drives the demand for air-to-air refilling systems globally.

Companies in this industry are trying to develop new and innovative products in order to reduce the challenges faced by the users. For instance, Nottinghamshire-based Icon Aerospace has developed a key enabling technology to create the very first intelligent connector (IC) for in-flight refilling. Companies such as Airbus SE, Cobham plc, Draken Internationnal, Eaton Corporation, GE Aviation, Marshall Aerospace & Defence Group, Parker Hannifin Corporation, Safran, and Zodiac Aerospace are some of the key players operating in this market. 

Among aircraft type, combat & tanker aircraft was estimated to be the largest segment for air-to-air refueling systems in 2019, owing to high need for aerial refueling systems for covering a long-distance defense mission. Moreover, rising tensions in the world are compelling both the developed and developing economies to prepare themselves by having an advanced fleet of air-to-air fueling tankers to fuel their combat aircraft for covering a longer distance for successfully accomplishing the defense missions.

Among end user, OE was estimated to be largest segment in 2019 and is expected to retain its dominance during the forecast period as well. This is owing to increasing purchase and deployment of combat & tanker aircraft along with refilling systems by military forces of different countries. Moreover, continuous replacements of old generation tankers & combat aircraft with the new ones is another major factor aiding in the growth for aerial refilling systems globally. For instance, currently the USA has 550 KC-135 tanker aircraft as their fleet to which the government has decided to replace it with 179 Boeing’s KC-46 tankers by 2027 which in turn will drive the market for OE segment in the near future and thereby impacting the market positively. In addition, according to Polaris Market Research analysis, OE is also expected to be the fastest growing end user segment in the global market during the forecast period of 2020-2026.

Among region, North America was estimated to be the largest segment in 2019 and is also expected to be remain the largest during the forecast period as well. The U.S. is growth engine of this region because of its largest military aircraft fleet and continuous upgradations & replacements of aircraft systems. Moreover, the U.S. is also the largest country comprising of highest market share for aerial refueling systems among all other countries in the world owing to its highest military expenditure and its existing fleet of military aircraft. 

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Aircraft Fuel Systems Market Size Worth $7.50 Billion By 2026 | Polaris Market Research

New York City, 20 Jul 2020: The global Aircraft Fuel Systems Market size is expected to reach USD 7.50 billion by 2026 according to a new study by Polaris Market Research. Aircraft fuel systems are designed to provide uninterrupted and uncontaminated free fuel regardless of the aircraft’s attitude. As fuel load take a significant portion of airliner’s weight, a sufficiently strong airframe is designed in a way to control fuel loads and shifts in weight. This is an essential system which pumps, manages, and delivers jet fuel to the propulsion system and auxiliary power unit (APU). The implementation and functional characteristics play a critical role in design, certification, and operational aspects of both military and commercial jets. These systems directly affect the performance of an airliner as compared to any other airplane system.

Companies such as Collins Aerospace, Eaton, GKN Aerospace Services Limited, Honeywell International Inc., Meggitt PLC, PARKER HANNIFIN CORP, Safran, Triumph Group Inc., and Woodward Inc., are some of the major vendors operating in this industry.

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Aircraft fuel systems are designed to provide uninterrupted and uncontaminated free fuel regardless of the aircraft’s attitude. As fuel load take a significant portion of airliner’s weight, a sufficiently strong airframe is designed in a way to control fuel loads and shifts in weight. This is an essential system which pumps, manages, and delivers jet fuel to the propulsion system and auxiliary power unit (APU). The implementation and functional characteristics play a critical role in design, certification, and operational aspects of both military and commercial jets. These systems directly affect the performance of an airliner as compared to any other airplane system.

Globally, flights generated about 915 million tonnes of CO2 in 2019 which is equivalent of 2% of all human induced CO2 emissions (42 billion tonnes). Aviation sector is responsible for 12% of CO2 emissions in transportation industry as compared to 74% emitted by road transport. Government and Federal Organizations are trying to regulate tough protocols for airplane OEMs and fuel system manufacturers in order to reduce the carbon emissions. An airplane fuel system consists of mainly storage tanks, valves, pumps, and metering & monitoring devices which are designed under strict Title 14 of the code of Federal Regulations guidelines. To meet the FAA requirements, the manufacturers design the systems which are free from vapor lock when using the jet-fuel at critical temperature. The tanks are separated from personnel compartments of the aircrafts by fume-proof and fire-proof enclosures which are vented and drained to the exterior of the airplane. The components of this system are bonded and grounded in order to drain off static charge.

Furthermore, increasing global airliner fleet, increasing commercial & regional airplane production & deliveries, growing revenue passenger kilometers, growing demand of lightweight components for achieving higher fuel efficiency & save costs, rising demand for fuel efficient & lightweight fuel systems are some for the major factors aiding in the growth of global industry.

Among airplane type, the market is segmented into commercial, military, and UAV. Commercial airliners are expected to be the largest market in 2019, owing to increasing production rates of the commercial airliner models such as B737, B787, A320, A350XWB, C919, A320 Neo, B737 Max, B777x, and A330 Neo. This segment is also propelled by rising commercial jet deliveries to support growing passenger traffic pushed by rising per capita income. Moreover, introduction of new generation fuel-efficient airliner models such as B737Max and B787 Dreamliner is another major factor aiding in the growth for the industry globally.

Among technology type, the market is segmented into pump feed, fuel injection, and gravity feed. In 2019, pump feed was estimated to be the largest market for fuel systems globally. This technology is majorly used on commercial and military jets as these are mid and low-wing airplanes with wing location not above the engines. The technology uses fuel-pumps to deliver the fuel from the tanks to engines.

Among component type, the market is segmented into pumps & valves, fuel tank, piping, gauging, inerting systems, and others. In 2019, gauging was estimated to be the most dominant component type followed by pumps & valves. Gauging is basically an instrument with sensing unit in the tank & indicator in the dashboard which is used to indicate and monitor amount of fuel in a tank. Pumps are used for transferring the fuel from the tanks to the carburetor whereas valves regulates & controls the flow by opening and closing or by obstructing the various fuel passage directions.

Among engine type, the market is segmented into jet engine, helicopter engine, turboprop engine, and UAV engine. In 2019, jet engine was estimated to be the most dominant engine type, according to Polaris Market Research. Jet engine basically powers the commercial airplane, regional planes, business jets, and military aircrafts. Increasing production rates of commercial airplane models such as A320, B787, B737, and Bombardier C series is one of the major factors aiding in the growth for jet engine segment and thereby driving the industry. 

Among region, North America is expected to remain the largest region for aircraft fuel-systems globally as this region is the manufacturing capital of aerospace & defense industry due to large presence of aircraft OEMs, component manufacturers, fuel system vendors, distributors, and raw material suppliers. Moreover, presence of largest airplane fleet in the region is another major factor aiding the growth in this region.

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Airborne Pods Market Size Worth $3,839.1 Million By 2026

New York City, 20 Jul 2020: The global airborne pods market size is expected to reach USD 3,839.1 million by 2026 according to a new study by Polaris Market Research. Airborne pods refer to an external structure in an aircraft designed to keep the components such as camera, sensors, targeting systems, and communication systems together in order to organize the systems by putting them together for more efficient use of the components. Previously the components used for intelligence, surveillance, reconnaissance, and targeting any weapons through the aircraft or helicopter, the components were separately equipped in different parts of the body of aircraft or the helicopter through which aerodynamic drag being generated due to rough outline of the outer body. They help to bring most of the components to keep them organized along with lower weight and can provide maximum output in comparison with the components separately equipped across different parts of the body of helicopter or an aircraft.

Increasing defense expenditure, growing acquisition of combat aircraft by defense forces across different regions, emergence of intelligence, surveillance, & reconnaissance missions due to rising tensions & security reasons across different regions, and growing demand for efficient targeting systems are some of the reasons driving the market globally.

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Companies such as Advanced Technologies Group, Collins Aerospace, Harris Corporation, Lockheed Martin Corporation, Northrop Grumman Corporation, Raytheon Company, Saab AB, TERMA, Thales Group, and Ultra Electronics are some of the key vendors operating in this market.

There can be any type of uncertain situations, which can generate the need of ISR, such as illegal border crossings by the militants, illegal fishing across the border, and illegal entry from the border, which make the demand for ISR operations for security reasons for any country. Most of the countries, such as the USA, Russia, and China, try to keep their defense forces upgraded with new and advanced technologies, which make them more powerful in comparison to others.

The air force of various countries form the contracts of upgrading their existing aircraft fleet with the advanced airborne pods for the betterment of their forces. For instance: in 2017, Lockheed Martin Corporation has been awarded a contract worth US$ 961 million to sustain and upgrade 683 Sniper Advanced Targeting Pods (ATP), which have to be employed on the US Air Force’s F-2, F-15, F-16, F-18, A-10, B-1, B-52, and Typhoon aircraft in which the contract period was of five years.

Among aircraft type, the market was segmented into combat aircraft, helicopter, UAV, and others. Combat aircraft was estimated to be the most dominant aircraft type in 2019 and is expected to retain its dominance during the forecast period as well. Lockheed Martin’s F-22/F-35, General Dynamics F-16, McDonnell Douglas F-15 Eagle, Dassault Rafale, Eurofighter Typhoon are some of major aircrafts with high demand.

Also, it is expected that more than US$ 800 million worth of airborne pods are likely to be procured during 2019-2026 globally wherein North America would be the largest market for the segment during the forecast period driven by the USA. UAV was expected to be the fastest growing segment owing to increasing acquisition and deployment of UAVs in defense forces of among all region for different missions.

Among type, the market is segmented into ISR, targeting, countermeasure, and others. In 2019, ISR was estimated to be the largest pod type globally and also it is expected to retain its dominance during the forecast period as well. It is mainly used for intelligence and surveillance, while keeping an eye on the desired area. It contains of EO/IR sensor allowing day/night missions, imagery data recording system, and air-to-ground data link system. Targeting pods are expected to be the fastest growing type during the forecast period. This is owing to increasing acquisition of weapon specialized combat aircraft models such as Dassault Rafale, F-35, F-16, and F-22 across different regions of the world.

Among material type, the market is segmented into composite and metals wherein, composite was estimated to be the largest segment in 2019 owing to increasing demand and deployment of lightweight pods for achieving increased overall mission efficiency, long range, and higher fuel efficiency in terms of costs due to its lightweight nature. Moreover, it is expected to be the fastest growing segment during the forecast period as well.

Among sensor type, the market is segmented into electro-optic/infrared (EO/IR), electronic warfare/electronic attack (EW/EA), and infrared countermeasure (IRCM). In 2019, EO/IR sensors was estimated to be the largest segment globally and is expected to retain its position during the forecast period as well. This is owing to increasing deployment of ISR in aircraft for keeping stronger security across border patrolling across different government confidential areas.

Among region, North America was estimated to be the largest region in 2019 and is also expected to be remain the largest during the forecast period as well. The U.S. is growth engine of this region and accounted for more than 92% of share in 2019. U.S. currently accounts for nearly one-third of the global military expenditure. The country is anticipated to have the largest military expenditure worldwide in the foreseen future. It has a huge plan to upgrade its existing military aircraft fleet in the coming years. The growth in this region is majorly attributed to presence of largest combat aircraft fleet across the world and increasing aircraft upgradation programs across the region.

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