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Aerospace Nanotechnology Market to Grow at 5.75% CAGR to 2021
The market research report ‘Global Aerospace Nanotechnology Market 2017-2021’aims to offer insights into new business opportunities for companies such as Airbus, Glonatech, Flight Shield, Lockheed Martin, Lufthansa Technik, tripleO Performance Solution, and Zyvex Technologies.
MarketSizeForecasters.com adds new research covering major players in the Aerospace Nanotechnology market: Airbus, Glonatech, Flight Shield, Lockheed Martin, Lufthansa Technik, tripleO Performance Solution, and Zyvex Technologies.
Other Prominent Vendors in the market are: CHOOSE NanoTech, General Nano, HR TOUGHGUARD, and Metamaterial Technologies
Analysts forecast the global aerospace nanotechnology market to grow at a CAGR of 5.75% during the period 2017-2021.
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Commenting on the report, an analyst said: Defense countries of many countries have emphasized on employing nanotechnology to improve the capabilities of submerged and marine combat platforms. The use of nanotechnology allows the developers to design and produce micro-sensors that can be scattered on the ocean floor for detecting enemy submarines. Also, nanostructured materials can be used for improving conventional energetic materials that are used in munitions.
The listed pricing for this Aerospace Nanotechnology Market report starts at $ 3500.
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According to the report, nano and micro satellites are earth orbiting devices that have relatively lower mass and lesser physical dimensions than a conventional satellite like geostationary satellites. Owing to advancements in the space research, such satellites have emerged as an important tool for various applications like wireless communications networks, data gathering, scientific observations, and GPS. Nanotechnology has played one of the most vital roles in delivering high-performance materials that are employed in nanosensors of nano and micro satellites. Similarly, miniaturization has been one of the major trends in almost every sector, and microsatellites are no exception. Making radar cameras smaller, which typically weigh 110-440 pounds, will reduce the overall weight of the satellites. A team of researchers at NTU developed a new technology, which aims to miniaturize radar cameras, which can be implemented in microsatellites.
Further, the report states that the critical components that are used in the aerospace industry can be very complex and require stringent adherence to environmental laws. The aerospace stakeholders are exposed to the risk and liabilities related environmental hazards during the manufacturing process. For instance, in February 2016, Lockheed Martin agreed to pay a fine of $5 million in a settlement over violation of environment regulation in its manufacturing plants in Kentucky, US.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Browse full table of contents and data tables For Aerospace Nanotechnology Market Report of 68 pages https://marketsizeforecasters.com/global-aerospace-nanotechnology-market
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