Gallium oxide is one of the emerging WBG materials, which is exponentially expediting in the semiconductor market. WBG material’s strengths and bottlenecks are strongly affecting the growth of its market driving applications. The critical factors of gallium oxide materials that are responsible for its adoption in the market are reliability, compact size, high efficiency, fast switching speed, and temperature range, among others. Researchers and industry experts are harnessing these qualities and integrating the materials with their application segments. WBG semiconductor materials are poised to pave the way for innovations and developments in the electronics industry.

The silicon material market is mature and has applications in the power electronics industry. The electronic industry is using large Si wafers for integrations in electronic devices. The silicon industry has reached its theoretical limits of further improvement in the overall yield of a semiconductor device. The gallium oxide material overshadows the performance of Si materials driven by factors such as the reduction in energy losses, the ability to deal with high voltage operations, high operating frequency, and high-power density. Catering to the growing demands for this WBG material, government bodies are also coming up with research initiatives and studies to strategize the widespread pallet of applications of gallium oxide. Giant players of the semiconductor industry are utilizing their resources and updating their traditional silicon-based devices with gallium oxide technology, a new and more efficient technology in the market. Partnerships and collaborations are the key strategies followed by companies in the ecosystem.

There are several lucrative avenues for various stakeholders when it comes to the consumption of gallium oxide. One of the major advantages of gallium oxide is that it can be developed from its molten state and thus can be utilized for the production of good quality crystals at a mass scale. Its major potential usage in the power electronics industry and its favorable properties of having a large bandgap and high critical electric field strength help in expanding its usage in a wide range of end-use industries. The major trends observed for the usage of gallium oxide are in computer processor chips, transistors, diodes, photodetectors, and aerospace and defense industries.

Business strategies provide an organization the edge to understand its key business strategy in the industry, its current competitors, and potential future competitors that might have made their way into the market. This section details the latest strategies and developments adopted by the key market players in the global gallium oxide market. In order to lead the market as well as engage in the process of market growth, a company needs to bring new products to the market, invest toward innovations, and collaborate with other top tier-1 component providers to further strengthen its market position. The global gallium oxide market has witnessed several strategic and technological developments in the past few years, undertaken by different market players to attain their respective market shares in this emerging domain.

Some of the strategies covered in this segment are product development and other market development. The following figure shows the percentage of strategies adopted by the market players. The key players in the gallium oxide market are coming up with different product launch activities in order to generate public awareness about their existing and new products related benefits and technologies. Product launches have also helped these companies to compete with the competitors’ product portfolio. This strategy has been widely adopted by the players in this market.

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North America is currently dominating the gallium oxide technology market on a large scale. North America lays a strong focus on grasping the gallium oxide semiconductor device market. The gallium oxide market in North America is evolving considerably. It is extremely competitive with some of the major players within the industry operating in this region, driving widespread adoption of advanced technologies. In order to achieve ultimate goals, the region is striding forward to be a pivotal part of this revolution. The growth of the gallium oxide market in the region is expected to propel, and an increase in the manufacturing activities in the U.S. and Canada is also being anticipated to boost the production of gallium oxide in the region. Moreover, the local players of the U.S. and Canada are also entering into mergers, acquisitions, collaborations, and partnerships, fueling the gallium oxide market in the region. Furthermore, with the introduction and subsequent rise in sales of power electronic devices, the gallium oxide is expected to become a must-have product in the semiconductor industry. Additionally, the government is also participating in the development of gallium oxide technology for different countries of the North America region, advancing at a considerable pace.

The global economic slowdown that began due to the novel COVID-19 had a significant impact on all industries. The governments are forced to halt all operations that involve travel and mass gathering to control the COVID-19 pandemic. The restriction has obstructed the flow of the supply chain in all industries including the defense industry. But the impact of COVID-19 on the defense industry is comparatively low as compared to other industries due to the heavy funding as it directly concerns national security. It is to be presumed that since nations are focusing more on enhancing the healthcare industry for future pandemic readiness, other industries have to experience minor cutbacks in order to compensate for additional investments in the healthcare industry. However, this is not the case for all countries.

Hence, it can be observed that COVID-19 might impact the defense spending of a few countries. The soldier wearable technology market is slightly affected in developed countries such as the U.S., Germany, France, and the U.K. However, emerging countries, such as India and South Korea, might reduce the procurement of wearable technology in the next two years.

The strategies adopted to gain a significant market share in this growing industry have been varying from product launch, mergers and acquisitions, partnerships, and agreements or contracts. This segment provides comprehensive insights regarding several development activities that the key players in the industry are adopting to compete directly. To lead the market as well as engage in the process of overall market growth, a company needs to introduce new products to the market, improve the existing products’ framework, work in collaboration with the top market leaders or win new contracts, and acquire the relatively weaker companies into its stronghold.

Smart clothing has become a major component in the designing of military clothing. It aims to improve the fitness of the warfighter while providing additional battlefield insight. Hence, armed forces across the world have partnered with industry experts to advance the development of sophisticated smart clothing solution that would be beneficial to the soldier by giving them tactical and technological advantages over its foes. The primary research and development step falls into three categories, such as protection against injury, wound detection, and health and stress monitoring.

Sensors play a crucial role in smart clothing and have gained in sophistication even as they have decreased in cost and size. The sensors used in smart clothing fall into three categories: physiological, kinetic, and agent detection. In September 2014, the Indian Government launched the ‘Make in India’ movement covering XX sectors, which includes the defense sector too, to encourage local manufacturing and to reduce imports. In 2005, India conceptualized the development of an advanced soldier system, Future Infantry Soldier as a System (F-INSAS). The Indian Army divided the program into two categories, one aiming to enhance battlefield management systems (BMS), which include advancing communication and computer technologies. The second project includes procuring carbines, assault rifles, light machine guns (LMGs), and other equipment.

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The increasing adoption of electronic devices in the battlefield ecosystem drives the adoption of advanced wearables to the soldiers to increase their lethality and accuracy. F-INSAS program matches the future warfare requirement by providing a soldier with various wearables. Major wearables of F-INSAS include bulletproof vests (BPV), bulletproof helmet., and the boot anti-mine (BAMI). India’s economy is one of the world’s fastest-growing economies, and its defense budget continues to grow substantially. However, in March 2020, the Organization for Economic Co-operation and Development (OECD) lowered its economic growth projections alongside Japan, China, and South Korea. Moreover, India has also paused procurements and announced a decrease in military spending amid COVID-19.

The drone delivery service market is expanding across various industries and investments through various stakeholders, specially parcel delivery service providers and drone manufacturers are increasing, worldwide. The key players such as Airbus SAS, Amazon, Google, DHL, and UPS are continuously working on the development and testing of drones along with the requirement of necessary approvals for providing drone delivery services.

As most of the urgent delivery products such as blood samples, medicines, urgent mail parcels, ready-to eat food items are the most in demand products which is expected to be delivered instantly or within one day. Hence, manufacturing of rotary wing drone with a payload capacity of 1kg to 2kg by drone manufacturers is also expected to create a huge upsurge in the global drone delivery service market.

For instance, In October 2019, UPS flight forward Inc. which is a subsidiary of UPS, a logistic company announced that they have received US government approval and certificate to operate in air. The drone is capable to load small packages and hence is expected to provide drone delivery service in hospitals to provide medical supplies.

The companies that are expected to deliver such packages are Amazon (Prime Air), Google(Wing), Zipline, DHL, Swiss post, Japan Post, Korean Express, Zomato, Alibaba, and Manna, among others. The key players of e-commerce market as well as various startups have also opted last-mile delivery services as a unique selling point of their products compared to their competitors. The e-commerce companies such as Amazon, Alibaba, 7Eleven, and JD.com, among others are providing their product deliveries through drones for providing faster deliveries to the consumers.

Based on range, the drone delivery service market is classified in two categories, distance coverage of less than or equals to 25km and more than 25km. The drone delivery service is dominant in the range of less than 25km distance. Further, the increase in service agreements among drone manufacturing companies and delivery service providers to enhance faster deliveries in least possible time is also expected to propel the market growth in the future. For instance, in March 2019, UPS partnered with the company Zipline for medical supply flights in Rwanda, Africa. The U.S. is a prominent country in North America which is actively looking for the last mile delivery options other than the ground vehicle delivery system, a delivery system that can operate for several applications in least possible time. The government of U.S. is also supporting the proliferation of drone deliveries.

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Several companies have started their trials for delivery such Project Wing of Google (Alphabet Inc.) has started its BVLOS drone delivery trials in Virginia area. Also, In March 2019, Flitey started its trials for BVLOS drones in Reno.

In Canada, delivery drone is expected to disrupt the market of retail industry by transforming its distribution channel completely. Additionally, Canadian aviation authority is also focusing on air traffic solutions to enhance the safety of public and reliability of their delivery drones when operated urban areas. For instance, In Aug 2018, Transport Canada approves the testing of X1400 cargo delivery drone of the company Drone Delivery Canada.

The companies of North America which are the key players in global drone delivery service market are Amazon, Google, Flirtey, UPS, Matternet, Zipline, and Drone Delivery Canada, among others.

The use of cannabis started gaining traction across the globe decades ago, owing to its benefits across medical, recreational, industrial, and religious fields. As the cannabis industry continues to grow, key players face an uncertain operating landscape concerning varied regulations related to the legalization of cannabis across the globe.

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Cannabidiol (CBD) is an active ingredient of cannabis but is non-psychoactive in nature. It offers many health benefits; thus, it has gained popularity among consumers as well as manufacturers over the years. Several countries have implemented laws concerning the use, sale, and possession of cannabis with definite THC and CBD content for the safety of human use. The legality of cannabis for different applications varies across countries in terms of its possession, distribution, cultivation, production of the end product, and medical conditions. These policies are usually regulated in most countries by their regulatory bodies but may differ among states within the same country.

Marijuana and hemp are the best-known strains of cannabis sativa plant for its medical and recreational benefits. CBD and THC are the most important bioactive compounds present in the plant. Moreover, over 100 phytocannabinoid compounds have been identified in the Cannabis sativa plant alone. CBD is a non-intoxicating cannabinoid associated with health benefits and includes analgesic properties. THC, an intoxicating agent, is commonly present in marijuana but is present at less than 0.3% in hemp; thus, hemp is the preferred source for obtaining CBD. In recent years, the market for medical cannabis has seen a significant rise in demand, majorly from the CBD oil industry.

Although CBD products provide health benefits, manufacturers still face several regulatory issues. Both the FDA and the European country regulators prohibit manufacturers from selling their products as dietary supplements and are not allowed to claim any health benefits from consuming CBD beverages.

The increasing legalization of cannabis and its increasing adoption across the globe are the factors driving the demand for CBD-infused beverages. Moreover, the CBD-infused beverages market is witnessing several upcoming trends and opportunities, further propelling growth in the industry. The initiation of research and development activities for the production of healthy CBD products is expected to drive the market during the forecast period 2019-2025.

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Research concerning cannabis and its industrial derivative, hemp, is continuously evolving. Research activities have demonstrated the high potential of CBD for numerous medical applications ranging from pain management to curing headache and muscle spasms. CBD is also proven to be effective for the treatment of arthritis, cerebral palsy, and several other autoimmune and neurodegenerative diseases. Multiple research organizations, universities, and institutes such as National Institutes of Health, University of Strathclyde, and the University of Queensland, among others, of North America, Australia, China, and Europe are also conducting research studies to evaluate the antifungal, antibiotic, and anti-microbial properties of CBD.

The deep space exploration and technology market is one of the emerging space industries, which is expected to witness numerous developments in the coming years. Since the past three decades, space agencies such as the National Aeronautics and Space Administration (NASA) and European Space Agency (ESA) have carried out numerous uncrewed missions not only to the International Space Station (ISS) but to different planets in the solar system, whereas the number of crewed missions beyond the ISS is comparatively less. In line with deep space exploration missions, the space industry aims to carry out more human spaceflight missions.

Moreover, the space sector is highly focused on finding ways to make the Earth’s moon and Mars favorable for human habitation. Therefore, numerous space missions to understand the sustainable characteristics of these celestial bodies.

The space sector has been undergoing numerous developments since the past years, due to several factors such as cost effective systems due to technological advances, increasing private investments by emerging players in the industry, increasing need for better communication and connectivity. Moreover, the increased application of space technologies for investigation on weather, surveillance for the military sector, and real-time imaging requirements by different sectors are also leading to the evolution of the space industry. In order to cater to the aforementioned applications, an increase in the number of satellites are launched every year. For the same, the industry has also witnessed a demand for small satellites, which allow for enhanced operations as well as cost-effective missions. In addition to this, upgraded launch vehicles with heavy lift capabilities are being developed.

Major space agencies as well as private space companies are focused on developing reusable launch vehicles, which can provide cost efficiency as well as reduce space debris. Prominent space agencies such as the National Aeronautics and Space Administration (NASA), European Space Agency (ESA), China National Space Administration (CNSA), Japan Aerospace Exploration Agency (JAXA), Roscosmos State Corporation for Space Activities (Russian Space Agency) and the Indian Space Research Organisation (ISRO) are looking toward the development of earth independence which includes human presence beyond low Earth orbit and cislunar space and onto Mars. A deep space exploration mission ranges from two to three years with safe return of the crew to Earth.

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Deep space exploration includes both planetary explorations as well as human spaceflight and habitation explorations. Both these explorations require extensive support of various systems such as robotic systems to conduct various scientific investigations. The objectives for conducting deep space exploration is to expand human presence into space, increase planetary exploration capabilities, increase the ability to deploy assets and resources, support astronauts during space missions, and enhance effectiveness of human operations.

The deep space exploration and technology market is expected to showcase a significant growth during the forecast period 2020-2030. Factors attributing to the growth of the market include increasing space budgets by various government agencies, rising demand for deep space exploration small satellites, emergence of private players in the space sector, and huge investments made by them. However, the market is also facing a challenge wherein the cost associated with deep space exploration systems is high.

The global software-defined satellite market research study offers a wide perspective on the analysis of the industry. The research is based on extensive primary interviews (in-house experts, industry leaders, and market players) and secondary research (a host of paid, and unpaid databases), along with the analytical tools that have been used to build the forecast and the predictive models.

Owing to the demand for increased versatility and adaptive satellites, there has been a constant alteration in the electronic technologies being deployed in the satellites. Extensive research has been conducted on new global information networks and electronic information management systems so as to focus on providing improved efficiency of the satellite, along with cost and size reduction. Exploring new forms of electronic technologies for components such as antenna, transceivers, amplifiers, on-board data handlers, on-board computers, and satellite sensor and conducting system-level optimization are the major drivers in the satellites industry which can help enable software-defined satellites revolution.

Scheduled to launch in 2019, Eutelsat Quantum is the first reconfigurable satellite platform developed by the U.K. space agency and ESA. The research work on reconfigurable and flexible payloads for software-defined satellite is growing in numbers. Traditional satellites work on provided set algorithms at the time of manufacturing; they are static in terms of change in operation since the time of launch. Flexible payloads address the change in maneuver without the need of changing any hardware, cutting down on cost and labor requirement. The new architecture present in software-defined satellites define a new age technology which does not limit the flexibility in order to expand its application and features.

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The evolution in space industry is leading a trend to limit the drawbacks associated with space information systems. The concept of software-defined satellite was proposed in order to reach that feat of technology where information system becomes more transparent for operation. This software-defined trend is providing a cost-effective structure for various space missions. The developers for software-defined satellite bank on the technology reach in terms of operator’s requirement. The flexible payload is tailored in terms of the application requested, which include navigation, maritime, aircraft, communication, earth observation, and surveillance. Evolution in terrestrial technologies, which include emergence of various smart electronic products influences the satellite companies to provide advancement in parallel to the technology present, software-defined satellites provide aid in attaining such advancement.

Software-defined satellites are utilized by various end users such as academic, commercial, and government. Academic end users are mainly the educational institutes and universities, which are developing their own software-defined satellites for space exploration and scientific research. Commercial end users basically comprise the commercial industries, such as oil and gas, mining, and agriculture, which are utilizing software-defined satellites for their product mapping and earth exploration. Government end users are the space agencies which are operated by governments of different countries.

Liquid hydrogen is one of the most viable energy carriers for the coming future. Stringent government regulations regarding greenhouse gas emissions and pollutants are driving the demand for more sustainable and environment friendly fuels in applications such as aerospace, automotive, and electronics among others. Apart from its “clean burning” properties, liquid hydrogen also meets the desired performance metrics across its end-use applications. Driven by recent technical advances in liquid hydrogen and fuel cell technologies, governments across developed as well as developing nations are escalating their R&D efforts to improve the commercial production and applicability of liquid hydrogen.

Liquid hydrogen can store and distribute reusable energy. However, it doesn’t usually exist separately in its nature, and needs to be produced from compounds that contain the element. Currently, majority of hydrogen is generated from fossil fuels, especially natural gas. Renewable sources such as solar, geothermal, and biomass are also used to produce hydrogen. In the longer run, biomass and solar energy can be used more judiciously to generate hydrogen.

Liquid hydrogen can help tackle various energy challenges by decarbonizing sectors such as chemicals, transportation, metals, and others. The National Aeronautics and Space Administration (NASA) has been actively using liquid hydrogen to propel rockets and space shuttles into orbit since 1970s. A fuel cell combines oxygen and hydrogen to produce heat, electricity, and water. Fuel cells are regularly linked to batteries since both transform the energy produced by a chemical reaction into serviceable electric power.

The market research study offers a wide perspective on liquid hydrogen and analyzes its influence on various end users, by providing critical insights into the direction of its future expansion. The market research study offers a wide perspective of different production method used by liquid hydrogen manufacturers. The report also provides an analysis of the market penetration of liquid hydrogen in different industries and their growth opportunities across different regions as well as countries. The study focuses on the changing landscape of the liquid hydrogen market, owing to the significant developments made by the leading players.

The report is a compilation of various segmentations including market breakdown by distribution method, production method, end use industry, and region. The report highlights the key driving and restraining forces for the market as well as the opportunities and challenges associated with liquid hydrogen. In the extensive primary research process undertaken for this study, the sources include industry experts and key executives from prominent companies and organizations across the liquid hydrogen value chain.

The trends of the liquid hydrogen market vary with different regions. The market holds a prominent share in various countries of North America, Europe, and Asia-Pacific (APAC). The report also provides a country-based analysis for all the leading countries in every region, including the U.S, Germany, China, and Japan, among others. Each regional analysis details an individual push-and-pull force, in addition to the key players and end-use industry in that particular region.

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With the growing population and economic growth, the demand for energy is increasing rapidly. The rise in energy concern owing to growing demand for energy resources from consumers has led to the use of liquid hydrogen in various sectors such as transportation, electronics, chemicals, and others. In addition, high consumption of fossil fuel leads to higher greenhouse gas emissions, mainly carbon-dioxide, which contributes to global warming. Thus, liquid hydrogen plays a key role in decarbonizing the atmosphere. In the 1960s, hydrogen experienced a high degree of proliferation in the space industry, which relied broadly on hydrogen as an energy store. Moreover, in the 1970s due to fluctuation in oil prices and impending energy crises, the exploration began for alternative energy ideas. Issues related to sustainability, environmental protection, and climate protection led to a great degree of attention toward hydrogen as a sustainable and clean energy source.

5G is the new communication backbone that will enable revolutionary applications in industrial, medical, automotive, and defense markets. 5G comes with enormous benefits such as improvement in speed (ten times that of 4G), latency (at least ten times lower than 4G), and density (supporting approximately one million IoT devices per square kilometer). The 5G technology will enhance the overall security, reliability, quality of service, and efficiency of the devices.

5G technology has acted as a boon for various applications such as 5G smartphones, IoT, and autonomous vehicles. The key hardware requirement of these 5G end-user applications is active antenna systems. These active antenna systems enable the concept of remote radio head by integrating the antenna and meet 5G challenges of enhanced capacities using space diversity and localized beams via massive multiple-input multiple-output (MIMO) technology. These MIMOs are used in 5G base stations and smartphones. Various companies are working on conducting research and developing 5G-enabled substrate materials for antenna circuit boards. Some of the key market players are DuPont de Nemours, Inc., Hitachi Chemical Company, Ltd., Rogers Corporation, and Toray Industries, Inc. The primary task is to minimize materials costs, complexity, and integrating circuits. Several of these companies are working on enhancing their substrate materials to serve a larger platter of end-use industries.

Countries are working on the deployment of 5G, curating various investment strategies, and collaborations in the market. More than 20+ countries across the world have access to 5G networks now. China, South Korea, and the U.S. are the top players deploying 5G at a breakneck pace in their cities. The key telecom players of various regions have been publicly announcing their 5G contracts for the deployment of 5G in their countries. For instance, North America has AT&T, Verizon, Sprint, and T-Mobile. Europe has a very fragmented telecom sector with a bunch of players such as Orange France, Swisscom, Vodafone Germany, and DiGi, among others. MEA has Zain, Etisalat, and MTN. APAC countries also have significant telecom players such as SK Telecom, SoftBank, LG U+, and Optus. These companies are collaborating with equipment manufacturers and suppliers such as Ericsson, Huawei, and Nokia to deploy 5G base station antennas in the base station towers. The growth in deployment of 5G base stations will automatically drive the demand for 5G substrate materials such as PTFE, PEEK, LCPs, and ceramics. These materials accelerate the performance of a 5G circuit board, enhancing the overall efficiency of the device. The shift toward 5G technology also affects the business development and commercialization activities of materials. Firms are aiming at entering the 5G material development segment, leveraging upon the growing demand in the market. Various companies with expertise in advanced chemicals and materials business segments have shown interest in venturing into the 5G substrate materials market. This is due to the high demand and growth prospects of the 5G business segment.

Governments of various countries are strengthening the push toward the development of 5G substrate materials and infrastructure to lead in the 5G race. Organizations are researching and developing new materials that can achieve a breakthrough in the 5G industry. Material developing companies are also collaborating with telecom companies and organizations to launch their 5G offerings and test its efficiency parameters successfully. For instance, AGC Inc. collaborated with NTT Docomo in 2018 to develop a glass antenna for 5G applications.

5G substrate materials are categorized into three types: organic laminates, ceramics, and glass. Organic laminates are further classified into PFTE, PI, LCP, and others. Among these, PTFE is expected to attain the highest CAGR during the forecast period of 2020 to 2025. This is due to its excellent properties making it a preferred choice for 5G substrate applications. Some of the key players working on PTFE are DuPont, Rogers Corporation, and Daikin Industries, Ltd.

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Smartphones are the fastest-growing end-user application of the 5G substrate materials market. The growth and development in the 5G smartphones antennas are driving the demand generated for the 5G substrate materials in the market. Smartphone antennas application segment not only accounts for largest share of the market, it is also expected to be fastest growing application segment for 5G substrate materials industry. This is due to the growth of the smartphone industry year-on-year and giant companies such as Samsung Electronics and Huawei Technologies coming up with new enhanced smartphones with 5G adaptability and software updates.

In order to generate public awareness about their existing and new products and technologies and compete with the competitors’ product portfolio, key players operating in this market have ramped up their product launch activities over the recent years. This has been the most widely adopted strategy by the players in this market. For instance, In October 2019, ESRI launched ArcGIS Online for cloud-based GIS software solutions, which would aim at capturing a larger customer base that can access internet and carry out farm operations. Similarly, in October 2019, Hexagon AB launched GeoMedia, which is an on-cloud GIS software solution for precision agriculture.

The partnerships and collaborations strategy have also been significantly employed for the expansion in the GIS software in agriculture market. With the increasing growth in the global market, companies operating in this industry are compelled to come up with collaborative strategies in order to sustain in the intensely competitive market. For instance, in June 2019, Topcon Corporation partnered with International Business Machine (IBM), a software company, to develop agriculture software integrated by artificial intelligence. Similarly, in June 2019, Pix4D partnered with PrecisionHawk, a drone technology solution provider, to expand agriculture services.

Various government and private research institutes and favorable trade policies are putting in substantial efforts to identify the benefits of these agricultural drone and robot solutions for augmenting global food production. The increase in adoption of sophisticated farming techniques is necessary to bridge the demand and supply gap along with attaining sustainability in the production.

The GIS software in agriculture market comprises major companies providing GIS software and applications for precision farming techniques. These are used for 2D and 3D mapping, data management, and analysis, among others. The software developers in this industry offer a range of products to suit the customers’ needs. This varied range of market participants provides opportunities to other players willing to bear the high risks involved in the industry. This chapter details the latest strategies and developments adopted by the key market players in the GIS software in agriculture market. In order to lead the market as well as engage in the process of market growth, a company needs to work in collaboration with the top market leaders, acquire the companies with less capital to expand, bring new products and services to the market, and improve the existing products.

Key players in the GIS software in agriculture market are coming up with new products and various developmental activities in order to generate awareness amongst the farmer community and agricultural stakeholders about their existing and new products and compete with the competitors’ product portfolio.

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For instance, in November 2019, Topcon Corporation launched two agriculture products, cloud-based farm workflow tool for data analytics and cloud services and yield monitoring tool, to provide accurate yield data for conveyor-type harvester.

Procurement of accurate and timely data is of utmost need for farmers globally to undertake precision farming. The use of GIS software is one of the most prominent tools to carry out precision farming as it helps in mapping, analyzing, and forecasting various aspects related to the crop, soil, and water resources. Such widespread acceptance of GIS software in all application fields of farming is making its advent revolutionary.

The global small arms market is a growing market that has been witnessing the production of increased number of firearms over the years for various end users including civilian, military and others. The market has experienced a major transformation in the development and manufacture of small arms by different countries. The small arms industry has witnessed the development of different gun types for both commercial and military applications. Globally, some of the major applications in which different small arms find maximum usage include civilian (self-defense); military/armed forces, homeland security/law enforcement and government agencies; and hunting, shooting & sports activities. The global small arms market is expected to witness a substantial growth over the forecast period 2020-2025.

Increasing political tensions around the world has led to the adoption of various new technologies by countries with an aim of strengthening national security. To defend the nation from external threats, countries over the years, have strengthened their army’s capabilities. Moreover, the increasing land disputes across the borders have compelled the nations to strengthen their armed forces by importing and developing weapons. Moreover, increase in crime rate has given rise to increase in small arms procurement in civilians for self-defense. Since the 13th century, firearms have undergone a massive transformation with respect to design and operation.

Arms are one of the most important requirements for defense forces, including the Army, Navy, and the Air Force. Firearms include handguns (pistols and revolvers) and long guns such as rifles, shotguns, assault rifles, submachine guns, carbines, personal defense weapons, and light machine guns, and all these products are based on different technologies and made out of various raw materials. A wide range of firearms has been adopted by the defense forces of various nations such as the U.S., Russia, the U.K., India, and China, among others in order to protect their countries in situations such as wars, conflicts, and terrorist activities.

The small arms market has witnessed different market dynamics across various regions of the globe. The market has witnessed rising demand from countries such as Russia, India, China, Italy, and the U.S., among others. The following figure represents the global small arms market by region. It includes North America, Europe, Asia-Pacific, and the Rest-of-the-World.

The global small arms industry is one of the most competitive industries with the leading players actively competing against each other to gain a greater share in the industry. The competitive landscape of the small arms industry exhibits an inclination toward emerging strategies and developments by market players. The market dynamics section of the report examines the diverse factors which govern the demand and supply of products in the small arms market. This analysis will provide an in-depth understanding of the direction in which the market is headed and the impact of various factors on the same. This section covers the market dynamics, namely the drivers, restraints, and opportunities in the global small arms market, listing and analyzing several factors that impact the market positively or negatively.

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The demand for hunting and shooting related sports is on the rise. Hunting and shooting programs led to an increase in the number of hunters in the U.S. For instance, youth hunting and shooting programs have led to an increase in number of hunters (ageing between 6-15 years) in the U.S. Shooting as a sport has become increasingly popular ever since its inception in “Inaugural games” in Greece 1896.