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Military Aerospace & Defense Lifecycle Management Market to Hit USD 12.56 Billion by 2028; Military Aerospace & Defense Lifecycle Management Industry CAGR of 8.2% between 2022-2028; Exclusive Insight Report by Vantage Market Research

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WASHINGTON, May 29, 2022 (GLOBE NEWSWIRE) — Vantage Market Research’s recent analysis of the Global Military Aerospace & Defense Lifecycle Management Market finds that the increasing adoption of PLM & ELM is expediting market growth. Primarily driven by rising military aerospace & defense sector, the total Global Military Aerospace & Defense Lifecycle Management Market is estimated to reach USD 12.56 Billion by the year 2028.

The Global Military Aerospace & Defense Lifecycle Management Market revenue valued at USD 7.82 Billion in the year 2021 and is projected to grow exhibiting a Compound Annual Growth Rate (CAGR) of 8.2%.

Furthermore, the increase in innovative approaches in reducing costs is also anticipated to augment the growth of the Global Military Aerospace & Defense Lifecycle Management Market, states Vantage Market Research, in a report, titled “Military Aerospace & Defense Lifecycle Management Market Size, Share & Trends Analysis Report by Type (Product Lifecycle Management (PLM), Service Lifecycle Management (SLM), by Technologies (Internet of Things, Artificial Intelligence, Others), by Application (Aerospace & Defense Manufacturers, Airlines & Fleet Operators, Defense In – Service Support, Independent MRO), by Region (North America, Europe, Asia Pacific, Latin America, Middle East & Africa) – Global Industry Assessment (2016 – 2021) & Forecast (2022 – 2028)”.

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Market Dynamics:

Increasing Adoption of PLM & ELM to Stimulate the Global Military Aerospace & Defense Lifecycle Management Market

The increasing adoption of PLM & ELM is anticipated to augment the growth of the Military Aerospace & Defense Lifecycle Management Market in the years to come. ELM not only aids in gaining visibility into the development process, encouraging consistency of engineering artefacts, and supporting intelligent decision-making, but it also fully embraces the Open Services for Lifecycle Collaboration (OSLC) specification, making integration with third-party tools easier. IBM ELM, for example, offers lean and agile lifecycle models that collect key concepts to drive more effective engineering and customer-facing practices when used in conjunction with SAFe. Further, with the use of PLM, aerospace and defense manufacturers can improve their engagement with the extended supply chain and at the same time practice concurrent development among multi-disciplinary teams. Also, PLM encourages more creative use of available data, resulting in enhanced aircraft quality and performance as well as lower costs and environmental impact. Thus, the above-mentioned factors are expected to contribute to the growth of the market in the years to come.

Key Insights & Findings from the Report:

  • According to our primary respondents’ research, the Military Aerospace & Defense Lifecycle Management market is predicted to grow at a CAGR of roughly 8.2% during the forecast period.
  • The Military Aerospace & Defense Lifecycle Management market was estimated to be worth roughly USD 7.82 Billion in 2021 and is expected to reach USD 12.56 Billion by 2028; based on primary research.
  • On the basis of region, Asia Pacific is projected to dominate the worldwide Military Aerospace & Defense Lifecycle Management market.

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Segmentation of the Global Military Aerospace & Defense Lifecycle Management Market:

  • Type
    • Product Lifecycle Management (PLM)
    • Service Lifecycle Management (SLM)
  • Technologies
    • Internet of Things
    • Artificial Intelligence
    • Others
  • Application
    • Aerospace & Defense Manufacturers
    • Airlines & Fleet Operators
    • Defense in – Service Support
    • Independent MRO
    • Military Operators
    • Others
  • Region
    • North America
    • Europe
    • Asia Pacific
    • Latin America
    • Middle East & Africa

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Increasing Military Aerospace & Defense Sector to Augment the Global Military Aerospace & Defense Lifecycle Management Market Growth

The increasing military aerospace & defense sector is anticipated to augment the growth of the Military Aerospace & Defense Lifecycle Management Market within the estimated period. Consumers’ expectations for video streaming quality remain high. Defense equipment demand has increased as government defence and military spending has increased. To keep ahead of the competition, defence corporations are always conducting research and development to provide new and advanced technologies to earn government contracts. For example, the United States Department of Defense awarded Microsoft Corporation $10 billion in 2019. The business will provide the US Department of Defense with the Joint Enterprise Defense Infrastructure (JEDI) cloud computing initiative under this deal. Furthermore, cutting-edge technologies such as the Internet of Things (IoT) and big data analytics are likely to have a significant impact on the military aerospace and defence industry’s operations, including aftersales and maintenance. The ability of these technologies to solve product complexity and successfully shorten the product lifetime is expected to open up a lot of doors for lifecycle management solutions to be implemented. As a result, the growing defence and military aerospace sectors provide an opportunity for the military aerospace and defence lifecycle management industry to flourish.

COVID-19 Impact Analysis:

The COVID-19 outbreak has affected various industries worldwide. Governments across the world implemented strict lockdown measures and social distancing norms in order to restrict the swift spread of the pandemic. Manufacturing facilities around the world were shut down during the initial stages of the pandemic. Moreover, the economic crisis after the pandemic might lead to a significant delay in the commercial roll-out of the aerospace & defence industry. Small and medium-scale companies are the backbone of technology providers and are witnessing a steep drop in revenue since the emergence of the pandemic in 2020. Hence, market players faced numerous challenges as disruptions in the supply chain were observed. However, things will improve in the second half of 2022 as more supplies will come online. The impact of COVID-19 on the market demand is considered while estimating the current and forecast market size and growth trends of the market for all the regions and countries based on the following data points:

  1. Impact Assessment of COVID-19 Pandemic
    1. North America
    2. Europe
    3. Asia Pacific
    4. Latin America
    5. Middle East & Africa
  2. Quarterly Market Revenue Forecast by Asia Pacific 2020 & 2021
  3. Key Strategies Undertaken by Companies to Tackle COVID-19
  4. Long Term Dynamics
  5. Short Term Dynamics

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The report on Military Aerospace & Defense Lifecycle Management Market highlights:

  • Assessment of the market
  • Premium Insights
  • Competitive Landscape
  • COVID Impact Analysis
  • Historic Data, Estimates and Forecast
  • Company Profiles
  • Global and Regional Dynamics

Regional Analysis:

Asia Pacific to Witness Fastest Growth in the Global Military Aerospace & Defense Lifecycle Management Market

Asia Pacific is expected to grow at a fastest Compound Annual Growth Rate (CAGR) during the forecast period. This is attributable to the rising adoption of advanced lifecycle management tools for upgrading their process engineering and product development procedures in the region. Furthermore, the market’s regional growth is likely to be fuelled by increase in developments and advancements in the defense infrastructure in economies such as China and India. Additionally, continued expansion of the aerospace and defense industry are also contributing significantly towards the regional growth of the market.

List of Prominent Players in the Military Aerospace & Defense Lifecycle Management Market:

  • Dassault Systems Siemens AG
  • PTC
  • Autodesk Inc
  • HCL Technologies
  • IBM
  • IFS
  • Kovair
  • SAP
  • Cyient

Browse market data Tables and Figures spread through 149 Pages and in-depth TOC on “Military Aerospace & Defense Lifecycle Management Market Size, Share & Trends Analysis Report by Type (Product Lifecycle Management (PLM), Service Lifecycle Management (SLM) ), by Technologies (Internet of Things, Artificial Intelligence , Others), by Application (Aerospace & Defense Manufacturers, Airlines & Fleet Operators , Defense In – Service Support , Independent MRO ), by Region (North America, Europe, Asia Pacific, Latin America, Middle East & Africa) – Global Industry Assessment (2016 – 2021) & Forecast (2022 – 2028)” View detailed Research Report here – https://www.vantagemarketresearch.com/press-release/military-aerospace-and-defense-lifecycle-management-market-657527

Recent Developments:

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July, 2017: Dassault Systemes and Boeing have extended their partnership. Boeing will expand its deployment of Dassault Systemes’ products across its commercial aviation, space and defense programs to include the Dassault Systemes 3DEXPERIENCE platform.

Key questions answered in the report:

  • Which regional market will show the highest and rapid growth?
  • Which are the top five players of the Military Aerospace & Defense Lifecycle Management Market?
  • How will the Military Aerospace & Defense Lifecycle Management Market change in the upcoming six years?
  • Which application and product will take a lion’s share of the Military Aerospace & Defense Lifecycle Management Market?
  • What is the Military Aerospace & Defense Lifecycle Management market drivers and restrictions?
  • What will be the CAGR and size of the Military Aerospace & Defense Lifecycle Management Market throughout the forecast period?

This market titled “Military Aerospace & Defense Lifecycle Management Market” will cover exclusive information in terms of Regional Analysis, Forecast, and Quantitative Data – Units, Key Market Trends, and various others as mentioned below:

Parameter Details
Market Size Provided for Years 2016-2028
Base Year 2021
Historic Years 2016-2020
Forecast Years 2022-2028
Segments Covered • Type

   ° Product Lifecycle Management (PLM)

   ° Service Lifecycle Management (SLM)

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• Technologies

   ° Internet of Things

   ° Artificial Intelligence

   ° Others

• Application

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   ° Aerospace & Defense Manufacturers

   ° Airlines & Fleet Operators

   ° Defense In – Service Support

   ° Independent MRO

   ° Military Operators

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   ° Others

• Region

   ° North America

   ° Europe

   ° Asia Pacific

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   ° Latin America

   ° Middle East & Africa

Region & Counties Covered • North America

   ° U.S.

   ° Canada

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   ° Mexico

• Europe

   ° U.K

   ° France

   ° Germany

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   ° Italy

   ° Spain

   ° Rest Of Europe

• Asia Pacific

   ° China

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   ° Japan

   ° India

   ° South Korea

   ° South East Asia

   ° Rest Of Asia Pacific

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• Latin America

   ° Brazil

   ° Argentina

   ° Rest Of Latin America

• Middle East & Africa

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   ° GCC Countries

   ° South Africa

   ° Rest Of Middle East & Africa

Companies Covered • Dassault Systems Siemens AG

• PTC

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• Autodesk Inc

• HCL Technologies

• IBM

• IFS

• Kovair

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• SAP

• Cyient

Report Coverage Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, technology landscape, patent analysis, market attractiveness analysis by segments and North America, company market share analysis, and COVID-19 impact analysis

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We, at Vantage Market Research, provide quantified B2B high quality research on more than 20,000 emerging markets, in turn, helping our clients map out constellation of opportunities for their businesses. We, as a competitive intelligence market research and consulting firm provide end to end solutions to our client enterprises to meet their crucial business objectives. Our clientele base spans across 70% of Global Fortune 500 companies. The company provides high quality data and market research services. The company serves various enterprises and clients in a wide variety of industries. The company offers detailed reports on multiple industries including Chemical Materials and Energy, Food and Beverages, Healthcare Technology, etc. The company’s experienced team of Analysts, Researchers, and Consultants use proprietary data sources and numerous statistical tools and techniques to gather and analyse information.

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Artificial Intelligence

SEMI Consortium to Develop Cybersecurity Strategy and Roadmap for the Semiconductor Industry in NIST Framework

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MILPITAS, Calif., Sept. 30, 2024 /PRNewswire/ — Seeking to strengthen the semiconductor industry’s resilience to cybersecurity threats, the global association SEMI today announced the creation of a strategic roadmap for cybersecurity implementation throughout the industry. The SEMI Semiconductor Manufacturing Cybersecurity Consortium (SMCC) has partnered with the National Institute of Standards and Technology (NIST) to develop a semiconductor manufacturing industry profile for NIST Cybersecurity Framework 2.0 (CSF 2.0) that will serve as the foundation for the aforementioned roadmap. NIST plans to publish the profile in mid-2025. 

According to research by the Identity Theft Resource Center, cyberattacks rose by 72 percentage points in 2023 over the previous all-time high in 2021. As semiconductor factories become increasingly connected and autonomous, the industry must respond to the growing security vulnerabilities associated with this next level of digital reliance and align with broader government efforts to secure the building blocks of technologies vital to society.
“Semiconductors are integral to both national security and the global economy – we need to do everything in our power to protect the industry,” said Cherilyn Pascoe, Director of the National Cybersecurity Center of Excellence (NCCoE) at NIST. “NIST is pleased to partner with SEMI SMCC for the development and adoption of a NIST Cybersecurity Framework 2.0 Profile for Semiconductor Manufacturing. This collaboration is important to identify and reduce cybersecurity challenges in semiconductor manufacturing.”
“It’s important to recognize and address the unique cybersecurity challenges facing the semiconductor industry,” said Jennifer Lynn, SMCC Working Group Chair and Semiconductor Cybersecurity Lead at IBM Research. “This community profile could allow us to better identify and execute a path forward.”
In support of the 2023 National Cybersecurity Strategy’s strategic objective to secure global supply chains for information, communications and operational technology products and services, the White House Office of the National Cyber Director (ONCD) included a Cybersecurity Framework Profile as part of initiative 5.5.5 in the National Cybersecurity Strategy Implementation Plan Version 2. SMCC recognized the need for a cybersecurity community profile specific to semiconductor manufacturing and worked with the federal government to develop one.
“Unlike air, space, land, and sea, cyberspace is the only battle domain created entirely by human hands,” said Anjana Rajan, Assistant National Cyber Director for Technology Security at ONCD, during the Global Executive Cybersecurity Forum at SEMICON West 2024. “This means we have both the power and the responsibility to shape it. The future of cyberspace where defenders have an inherent advantage over attackers starts with preparation, and that preparation must begin with securing the building blocks.”
Prior to completion, the community profile will open for public review and commentary in accordance with NIST’s official process. The review period has yet to be announced. The community profile is part of a broader NIST strategy to further standardize cybersecurity protocols for the semiconductor sector, in line with profiles for other industries.
“With the committed resources and support from NIST to support SMCC working groups, we’ll be able to accelerate the development of this semiconductor manufacturing industry community profile creation,” said Brian Korn, Director for SMCC and Staff Technologist focused on Cybersecurity and Automation at Intel Foundry.
SMCC will provide cybersecurity recommendations for semiconductor manufacturing equipment, information on implementation, and updates on the development of the community profile. For more information, visit the project webpage or contact [email protected].
SMCC working groups are engaged with the SEMI Standards program to create a standards-based approach supporting the semiconductor ecosystem by leveraging the program’s 50-year history of industry alignment. SMCC is currently working on developments to two cybersecurity standards:
E187: Specification for Cybersecurity of Fab EquipmentE188: Specification for Malware-Free Equipment IntegrationAbout SMCC 
The Semiconductor Manufacturing Cybersecurity Consortium (SMCC) is a SEMI technology community founded in 2024 to develop and promote a standard based, semiconductor industry wide approach to improve cybersecurity and accelerate implementation of actionable solutions. The vision of SMCC is to strengthen cyber resilience and protection of the global semiconductor supply chain against evolving threats. SMCC’s reach extends all over the world and enables our members to connect and collaborate on specific cybersecurity issues and challenges affecting different regions. It focuses on important key topics and seeks to find solutions that will benefit the entire industry. 
About SEMI
SEMI® is the global industry association connecting over 3,000 member companies and 1.5 million professionals worldwide across the semiconductor and electronics design and manufacturing supply chain. We accelerate member collaboration on solutions to top industry challenges through Advocacy, Workforce Development, Sustainability, Supply Chain Management and other programs. Our SEMICON® expositions and events, technology communities, standards and market intelligence help advance our members’ business growth and innovations in design, devices, equipment, materials, services and software, enabling smarter, faster, more secure electronics. Visit  www.semi.org, contact a regional office, and connect with SEMI on LinkedIn and X to learn more. 
About NIST 
The National Institute of Standards and Technology (NIST) was founded in 1901 and is now part of the U.S. Department of Commerce. NIST is one of the nation’s oldest physical science laboratories. Congress established the agency to remove a major challenge to U.S. industrial competitiveness at the time — a second-rate measurement infrastructure that lagged behind the capabilities of the United Kingdom, Germany and other economic rivals.  
The National Cybersecurity Center of Excellence (NCCoE) under NIST is a collaborative hub where industry organizations, government agencies, and academic institutions work together to address businesses’ most pressing cybersecurity challenges. This public-private partnership enables the creation of practical cybersecurity solutions for specific industries or broad, cross-sector technology challenges. Working with technology partners—from Fortune 50 market leaders to smaller companies specializing in IT security— the NCCoE develops modular, easily adaptable example cybersecurity solutions demonstrating how to apply standards and best practices using commercially available technology. 
About ONCD
The Office of the National Cyber Director (ONCD) advises the President of the United States on cybersecurity policy and strategy. Established by Congress in 2021, ONCD is a component of the Executive Office of the President at the White House. The Office spearheaded the development of the President’s National Cybersecurity Strategy, which President Biden issued on March 2, 2023. ONCD coordinates a whole-of-government approach to implement the National Cybersecurity Strategy.
ONCD’s mission is to advance national security, economic prosperity, and technological innovation through cybersecurity policy leadership. In carrying out its directive, ONCD works closely with White House and interagency partners, as well as with all levels of government, America’s international allies and partners, non-profits, academia, and the private sector, to shape and coordinate federal cybersecurity policy. Guided by the President’s vision, as articulated in the National Cybersecurity Strategy, ONCD is working to create a more equitable, safe, and resilient interconnected world in which every American can thrive and prosper.
Association Contact Samer Bahou / SEMIPhone: 1.408.943.7870Email: [email protected]
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Artificial Intelligence

MinIO Launches New MinIO Learning Subscription

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Unlimited access to training materials empowers enterprise customers to accelerate time-to-market for AI and data-driven applications
REDWOOD CITY, Calif., Sept. 30, 2024 /PRNewswire/ — MinIO, the leader in high-performance object storage for AI, today announced the MinIO Learning Subscription, featuring unlimited access to MinIO’s full portfolio of training content. Through the subscription, training is delivered through a combination of videos, practical exercises and hands-on labs, designed to help customers accelerate onboarding for new staff and shorten time-to-market.

The MinIO Learning Subscription learners will soon have more than 250 videos organized into courses for MinIO administrators, developers, and Kubernetes operators. The content is indexed and searchable, allowing for targeted, just-in-time performance support. Additionally, students can also choose to learn on the go using the mobile app.
“Enterprises seeking to leverage artificial intelligence and machine learning to transform their business need infrastructure at a level of scale and performance previously unthinkable,” said Pete Hnath, Head of Training and Certification at MinIO. “The MinIO Object Store is integral to reach petabyte and even exabyte scale while delivering the performance AI/ML requires. The MinIO Learning Subscription offers an accelerated on ramp to prepare teams to deploy and manage object storage at scale.”
Validation of skill transfer and job role readiness is critical for project leaders. The MinIO Learning Subscription includes a voucher for each named learner to attempt the MinIO Certified Administrator – Practitioner exam.
The MinIO Learning Subscription enables users to learn by doing with comprehensive, hands-on labs. Learners progress through lab-focused video demos, followed by hands-on guided exercises, and then outcome focused end-of-module labs to build the applied skills needed to take full advantage of MinIO’s powerful capabilities in production environments. Lab exercises can be completed on the student’s local system using basic Docker compose scripts. Subscribers also receive exclusive access to a trial license of MinIO Enterprise Object Store  to learn about features including caching, catalog, firewall, observability, and Key Management Server (KMS) that are unique to the enterprise offering.
Similarly, interacting with others is integral to the learning experience. The MinIO Learning Subscription includes an engaging peer-to-peer learning model where students can ask questions, get answers, and see others’ contributions inline with the course content. The MinIO curriculum engineers are also directly accessible to students. This provides a fluid and integrated model for collaborative learning missing from many other online learning experiences. 
Technical enablement is critical to customer success. At $700 per learner (with volume discounts available starting at just 10 learners), the MinIO Learning Subscription is priced to encourage customers to invest in their team in preparation for project success. To learn more, visit the MinIO training at https://min.io/training.
About MinIOMinIO is pioneering high-performance object storage for AI/ML and modern data lake workloads. The software-defined, Amazon S3-compatible object storage system is used by more than half of the Fortune 500. With 1.7B+ Docker downloads, MinIO is the fastest-growing cloud object storage company and is consistently ranked by industry analysts as a leader in object storage. Founded in November 2014, the company is backed by Intel Capital, Softbank Vision Fund 2, Dell Technologies Capital, Nexus Venture Partners, General Catalyst and key angel investors.
Media Contact: Tucker Hallowell, [email protected]
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Fourier Unveils the Next-Generation Humanoid Robot GR-2

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SHANGHAI, Sept. 30, 2024 /PRNewswire/ — Fourier, the Shanghai-based robotics company, announces the launch of GR-2, the latest addition to its GRx humanoid robot series. With remarkable upgrades across hardware, design, and software, GR-2 marks a new milestone in the field of humanoid robotics.

Next-Level Hardware Design 
GR-2 builds upon the success of its predecessor, GR-1 — the world’s first mass-produced humanoid robot. Standing at 175 cm and weighing 63 kg, GR-2 offers 53 degrees of freedom and a single-arm load capacity of 3 kg, enabling it to tackle more complex tasks.
The new robot features a detachable battery with the capacity doubled, extending runtime by an hour. This upgrade boosts GR-2’s adaptability, making it capable of handling a broader range of challenges, such as long-distance walking.
Engineering Breakthroughs for Developers
GR-2 features integrated cabling design for power and communication transmission, allowing concealed wires and more compact packaging. The efficient layout optimizes space for easier modularization and greater adaptiveness for application-oriented customization.
To simplify the control system and reduce maintenance, Fourier re-designed GR-2’s joint configuration, shifting from a parallel to a serial structure. It improves debugging, lowers manufacturing costs, and enhances the robot’s ability to rapidly learn and transition from AI simulation to real-world applications.
12-Degrees-of-Freedom Dexterous Hands: Precision in Motion
GR-2 introduces 12-DoF dexterous hands—double the dexterity of previous models. Designed to mirror the flexibility of human physiology, these hands adapt seamlessly to complex tasks with greater precision.
Equipped with six array-type tactile sensors, GR-2 can sense force, identify object shapes and materials, and adjust its grip in real time for optimal manipulation in dynamic settings.
Supporting multiple upper-limb teaching modes—VR remote control, lead-through programming, and direct command—GR-2 can record a comprehensive set of operational data, from motion paths to tactile responses. The robust data collection expects to bridge the gap between virtual models and real-world applications, pushing the boundaries of robot training and deployment further.
FSA 2.0: Powering Dynamic Mobility
Fourier breaks new ground in humanoid robotics by incorporating human-like motion into GR-2’s design. To optimize its movement, the company developed seven distinct FSA actuators for GR-2, each tailored to meet the specific torque demands of every joint.
With peak torques exceeding 380 N.m, FSA 2.0 boosts GR-2’s agility and dynamic capabilities. The dual-encoder system doubles control accuracy, ensuring precise movements even in high-pressure environments. Designed for both speed and precision, FSA 2.0 empowers GR-2 to navigate complex tasks with greater flexibility.
Optimized Tools for Innovative Development
Fourier prioritizes the developer’s experience. The company optimized GR-2’s development platform by introducing a new software development kit compatible with mainstream programming languages such as ROS. Developers can have easy access to a robust suite of pre-optimized modules for machine vision, path planning, and force feedback control through intuitive APIs. 
Supporting frameworks such as NVIDIA Isaac Lab and Mujoco, the new platform empowers developers to focus on innovation, streamlining their workflow and elevating the robotics development experience.
“GR-2 is a big step into the future of humanoid robotics,” said Alex Gu, CEO of Fourier. “We’re passionate about building the most intuitive embodied agent for AI, allowing it to engage with the physical world in ways like never before. Fourier is excited to have developers, researchers, and enterprises join us on this incredible journey.”
Fourier GRx series sets new standards in humanoid robotics with its emphasis on AI integration. In view of the future evolution of humanoid robot entities, the company outlines six key areas for development—locomotion, manipulation, cognition, bionic design, user experience, and commercial viability. The launch of GR-2 marks a new step toward future breakthroughs in human-robot collaboration.
About Fourier
Founded in 2015, Fourier is a leading general-purpose robotics company. At Fourier, our mission is to leverage full-stack robotics technology to enrich people’s lives. We’re headquartered in Shanghai, China with a team of over 500 employees globally. For more information about Fourier, please visit: www.fftai.com.  
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