Manufacturing & Construction

New York, September 2023: According to a new research study by Global Insight Services (GIS), the Air Defense Radar Market is expected to grow rapidly over the next 10 years to reach a value of more than US$ 12.5 billion by 2032.

The air defence radar market refers to the industry that manufactures and sells radar systems intended primarily for detecting, tracking, and monitoring aircraft, missiles, and other aerial targets for air defence purposes. Such radar systems are an important part of a country’s defence infrastructure, assisting in the identification and response to possible threats in the skies. Military organisations and, in certain situations, civilian bodies in charge of protecting national airspace deploy air defence radar systems.

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Air Defense Radar Market: Market Drivers and Trends

The technological advancements in digital beam will propel the growth of the market expansion. The inclusion of fully/hybrid beam formation for monitoring targets in azimuth and elevation is a recent technological achievement in AMDR. When compared to conventional radars, the analog to digital converters placed in radars increased the range of target identification and operational flexibility. Gallium Nitride (GaN) advancements cleared the path for economical, lightweight, and small AMDR systems. The desire to track more objects at the same time has resulted in the creation of high-density arrays mounted on radars. This allows the radar to function in a wider frequency range while maintaining operating efficiency.

The increase in cross-border tensions & rising budget for defense expenditure will drive the market for the air defense sector. Increasing cross-border disputes, such as those between China and Taiwan, Russia and Ukraine, Israel and Palestine, and others, have modified the governmental strategy of neighbouring nations. For example, the Canadian government intended to invest USD 4.9 billion in June 2022 to upgrade decade-old radar systems across the country. Aside from new procurements, governments have begun to collaborate with one another in order to gain a strategic advantage over competitors. For example, the Indian government requested Bangladesh to expedite the installation of coastal radars in Bangladesh in September 2022. In October 2019, India provided Bangladesh USD 500 million in credit lines for the same purpose. As a result, escalating conflicts have raised global demand for AMDR. These drivers may expect to fuel the growth of the market.

Air Defense Radar Market: Market Restraints and Challenges

The increased in maintenance costs & design limitations are likely to hinder the growth of the worldwide Air Defense Radar Market. Radar systems must have improved operating efficiency, platform interoperability, user-oriented sophisticated systems, and a large frequency spectrum. Radars must sometimes function in extreme climatic conditions, which can cause onboard components to fail. The US Department of Defence, for example, has asked roughly USD 200 million for the upgrade, repair, and maintenance of 12 radars as part of the Ballistic Missile Defence Systems (BMDS) programme for fiscal year 2023.

In addition to repair and maintenance, the North Atlantic Treaty Organisation (NATO) updated military radar requirements in 2020. As a result, in order to meet NATO requirements, all members must install/update new capabilities to ensure full interoperability throughout joint operations with other NATO nations. As a result, increasing military requirements and defense radar maintenance expenses may impede the growth of the Air Defence Radar Market. Hence, these factors are expected to restrain growth of the market during the forecast period.

Air Defense Radar Market Report Findings

https://www.globalinsightservices.com/reports/air-defense-radar-market/

The s band radar segment is likely to hold the major share of the market in 2022

Based on radar type, it is segmented into X band radars, and S band radars. The S band radars segment had the highest revenue share in 2022 and is expected to continue to dominate the market over the period. Because of its technological superiority over X band radars. Lockheed Martin was granted a five-year contract for USD 3.2 billion for the AN/TPQ 53 radar in April 2022. The X band sector is also expected to expand significantly throughout the projection period. Iran plans to deploy a 3,000 km-range horizon radar in September 2022.

The ballistic missile segment is likely to hold the major share of the market in 2022

Based on application, it is bifurcated into ballistic missile defense, and conventional. The ballistic missile defense segment has dominated the market in 2022 and expected to expand the fastest due to Technological developments in ballistic missiles, as well as the increasing employment of such weapons, will drive the segment’s expansion. The United Kingdom stated in March 2022 that it will purchase one S band ballistic missile defence radar from the United States under a contract costing USD 700 million. Conventional radars are likely to rise somewhat as defence organisations throughout the world boost their expenditure. Following the Russia-Ukraine war, for example, numerous European nations increased the acquisition of air defence systems. Following the war, Germany was the first country to purchase an Arrow 3 missile interceptor from Israel. The Czech Republic and numerous other nations are also preparing to purchase Israel’s Iron Dome system.

The defense and military segment is likely to hold the major share of the market in 2022

Based on platform, it is segmented into airborne, land, and naval. The airborne segment is expected to be the largest segment in the Air Defense Radar Market in 2022. Land-based radars are expected to expand the quickest throughout the projection period due to increased demand from Canada, Taiwan, Japan, India, and other countries. The airborne category is also expected to rise somewhat due to increased demand for new fighter planes and the global update of onboard radars. The Irish government stated in July 2022 that it will invest USD 200.84 million in land-based defense radars. The United Kingdom Air Force stated in July 2022 that it will invest almost USD 2.8 billion to update its arsenal of Eurofighter Typhoon fighters with ECRS Mk2 radars.

The North America region is accounted for the majority of market share in 2022

Region-wise, it is studied across North America, Europe, Asia Pacific, and the Rest of the World. In 2022, the North America region Air Defense Radar Market had the highest revenue share, Land-based radars are expected to be the most rapidly expanding in North America. Canada announced a USD 4.9 billion investment in strengthening the radar defense system across the country. The expansion of the naval segment is ascribed to the United States Navy’s increased spending in the acquisition and modernization of a fleet of destroyers. The United States Navy stated in April 2022 that every vessel will be outfitted with SPY-6 radars to detect missiles and planes.

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Competitive Landscape

The key players studied in the Air Defense Radar Market are BAE Systems , General Dynamics Corporation , Honeywell International Inc., Israel Aerospace Industries Inc., Leonardo S.p.A , Lockheed Martin Corporation , Northrop Grumman Corporation , Raytheon Technologies Corporation , SAAB AB , and Thales Group among others.

Air Defense Radar Market: Recent Developments

• In October 2022, The United States announced a USD 3 billion sale of the National Advanced Surface-to-Air Missile System (NASAMAS) to Kuwait. Kongsberg Defence and Aerospace and Raytheon Technologies will build NASAMAS.
• In July 2022, The United Kingdom’s Defence Ministry planned to invest USD 2.7 billion to improve radars and other equipment for Typhoon fighters. Typhoon aircraft will be outfitted with ECRS Mk 2 radars.
• In May 2022, India claims to have purchased 12 Swathi radars to track and monitor weaponry along the India-China border. Swathi can track shells, mortars, and rockets within a range of 50 km.
• In March 2022, The United Kingdom announced the acquisition of Ballistic Missile Defence Radar (BMDR) as part of a USD 700 million deal with the United States. Lockheed Martin is the main contractor on this project.
• In April 2021, Germany spent more than USD 126 million to put a radar warning system onto its Tornado fighter aircraft force.

Air Defense Radar Market Report Coverage

• The report offers a comprehensive quantitative as well as qualitative analysis of the current Air Defense Radar Market outlook and estimations from 2022 to 2032, which helps to recognize the prevalent opportunities.
• The report also covers qualitative as well as quantitative analysis of Air Defense Radar Market in terms of revenue ($Billion).
• Major players in the market are profiled in this report and their key developmental strategies are studied in detail. This will provide an insight into the competitive landscape of the Air Defense Radar Market industry.
• A thorough analysis of market trends and restraints is provided.
• By region as well as country market analysis is also presented in this report.
• Analytical depiction of the Air Defense Radar Market along with the current trends and future estimations to depict imminent investment pockets. The overall Air Defense Radar Market industry opportunity is examined by understanding profitable trends to gain a stronger foothold.
• Porter’s five forces analysis, SWOT analysis, Pricing Analysis, Case Studies, COVID-19 impact analysis, Russia-Ukraine war impact, and PESTLE analysis of the Air Defense Radar Market are also analyzed.

Air Defense Radar Market Segmentation

By Radar Type

• X Band Radars
• S Band Radars

By Application

• Conventional
• Ballistic Missile Defense

By Platform

• Airborne
• Land
• Naval

By Region

• North America
  • The U.S.
  • Canada
  • Mexico
• Europe
  • The U.K.
  • Germany
  • France
  • Spain
  • Italy
  • Netherlands
  • Sweden
  • Switzerland
  • Denmark
  • Finland
  • Russia
  • Rest of Europe
• The Asia-Pacific
  • China
  • India
  • Japan
  • South Korea
  • Australia
  • Singapore
  • Indonesia
  • Taiwan
  • Malaysia
  • Rest of Asia-Pacific
• Rest of the World
  • Latin America
  • The Middle East
  • Africa

Key Players

• BAE Systems
• General Dynamics Corporation
• Honeywell International Inc.
• Israel Aerospace Industries Inc.
• Leonardo S.p.A
• Lockheed Martin Corporation
• Northrop Grumman Corporation
• Raytheon Technologies Corporation
• SAAB AB
• Thales Group

New York, September 2023: According to a new research study by Global Insight Services (GIS), the Intralogistics Market is expected to grow rapidly over the next 10 years to reach a value of more than US$ 75.3 billion by 2032.

The intralogistics industry pertains to the planning, management, and performance of materials, commodities, and information transit and storage within a facility or warehouse. It encompasses all internal logistics processes that take place within a single organization, which include receiving, warehousing, picking, packaging, and shipping items. Various technologies, including automated material handling systems, conveyors, robots, sensors, and software applications, are used in this process.

The design, development, implementation, and administration of systems and technologies used to optimize and simplify the transportation, storage, and retrieval of commodities and materials is referred to as intralogistics. They assist businesses in improving supply chain management, reducing lead times, increasing order accuracy, and improving customer service.

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Intralogistics Market: Market Drivers and Trends

The adoption of industry 4.0 increases the need for portable food safety detectors. The adoption of Business 4.0, also referred to as the fourth industrial revolution, has had a tremendous influence on the intralogistics business by increasing overall supply chain efficiency and productivity. Furthermore, the integration of Industry 4.0 technology has resulted in the creation of smart warehouses that are highly automated and networked. Sensors, RFID tags, and automated storage and retrieval systems (AS/RS) are used in smart warehouses to expedite inventory management, order processing, and fulfillment. For example, in October 2021, Zyter developed a cutting-edge, next-generation smart warehouse for Onscreen in San Diego that is outfitted with Qualcomm Technologies, Inc. products.

Furthermore, rising adoption of intralogistics systems in e- commerce industry. The development of e-commerce has transformed the retail business, and with it, the need for intralogistics has skyrocketed. As e-commerce grows in prominence, the requirement for effective and optimized intralogistics operations becomes increasingly important. According to a Forbes article released in February 2022, E-Commerce sales in the United States were USD 870 billion in 2021, a 14.2% rise over 2020 and a 50.5% growth over 2019. Furthermore, the rising popularity of online shopping has led to increased order volume, shorter response times, and a greater need for a broader selection of items. As a result, in order to satisfy these demands, the logistics sector needs to change and make investments in new technologies including automation, robots, and artificial intelligence. Dematic, for example, debuted the Multishuttle (DMS) 2 E, the next generation of warehouse automation systems, in March 2020. The system, which is interoperable with all other DMS components, stores, buffers, and sequences products for order selecting and compilation. These drivers are likely to propel market expansion.

Intralogistics Market: Market Restraints and Challenges

Furthermore, The high installation cost of intralogistics systems can be a substantial hurdle to adoption, limiting these systems’ commercial prospects. Intralogistics systems often need substantial expenditures in technology and infrastructure, such as specialized equipment, software, and hardware, as well as installation and maintenance costs. This hefty initial investment can be prohibitive for certain organizations, especially small and medium-sized enterprises (SMEs) with limited means to invest in these systems. Furthermore, the cost of intralogistics systems will be determined by factors such as the operation’s size and complexity, the level of customization required, and the level of automation requested. As a result, some organizations may choose less expensive and fewer effective alternatives, limiting the market’s development and adoption of intralogistics systems. Hence, these factors are expected to restrain growth of the market during the forecast period.

Intralogistics Market Report Findings

https://www.globalinsightservices.com/reports/intralogistics-market/

The software segment is likely to hold the major share of the market in 2022

Based on application, the Intralogistics Market is segmented into hardware, software, and services. The software segment is expected to dominate the market during the forecast period. This is because Intralogistics systems rely heavily on software. In current intralogistics systems, a number of software integration options are now accessible. The program collects and analyses data in order to propose strategic solutions. This is accomplished by the precise optimization, analysis, and automation of resources, information, and things. Intralogistics is becoming a popular alternative across sectors due to real-time control of visualization of complex material flow processes. Warehouse control systems, material flow control software, material flow control software, picking by light system control software, and other functionalities are now available in intralogistics software. Intralogistics suppliers will benefit greatly from the software component.

The automotive segment is likely to hold the major share of the market in 2022

By end-use, the market is classified into logistics, food and beverages, retail and e-commerce, automotive, chemical, and others. The automotive segment dominated the market in 2022 in terms of revenue and is expected to dominate the market during the forecast period. The vehicle sector also requires the use of intralogistics. The market is offering autonomous vehicle transportation solutions. Customers in the automotive industry are increasingly choosing customized solutions. Autonomous Mobile Robots (AMRs), which utilize intralogistics, are also in great demand. The increasing penetration of emerging and established nations in the logistics and car end-use sectors has opened the way for intralogistics to thrive as a market.

The North America region is accounted for the majority of market share in 2022

Region-wise, it is studied across North America, Europe, Asia Pacific, and the Rest of the World. North America has the biggest market share in terms of Intralogistics Market value followed by Asia Pacific. The United States has a history of early technological adoption, as well as digitization of the supply chain and mobilisation of high-tech solutions such as intralogistics and 5G. The United States is a world leader in numerous industries, including autos, agriculture, industrial production, and others. Intralogistics is widely used in all of these businesses. The majority of enterprises, such as Toyota Industries Corporation, MHS, and Daifuku Co., Ltd, have a strong presence in the nation and produce a significant portion of their income there.

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Competitive Landscape

The key players studied in the Intralogistics Market are Siemens, Aethon, Invata, KION Group, Balluff, Datalogic, Omron, Pepperl & Fuchs, Daifuku Co. Ltd., and Jungheinrich AG among others.

Intralogistics Market: Recent Developments

• In February 2023, SSI Schaefer Group has inked a deal to buy the remaining shares of DS Automation, a manufacturer of AGVs and AMRs. The remainder of the shares will be acquired in March 2023. This advancement is a significant step towards increasing the company’s competitiveness and innovative capacity in robotics and automation, which are pioneering for intralogistics.
• In December 2022, OMRON announced the launch of the first Automation Centre in Singapore, South-East Asia, and Oceania, solely dedicated to the Logistics Industry. It served as one of the first solution development centres to help the logistics industry embrace the Robotics Middleware Framework (RMF).
• In November 2022, Rockwell Automation collaborated with Comau to demonstrate robot control solutions and the benefits of fully integrating Comau’s articulated robots with Rockwell Automation’s unified robot control platform.
• In June 2022, Daifuku Co., Ltd. has reopened Hini Arata Kan, the of the world’s largest full-scale material handling and logistics demo centres, which is located within Daifuku’s manufacturing plant Shiga Works in Japan. The center has been updated with 54 of Daifuku’s most recent material handling systems and equipment, as well as huge screens where visitors can see case studies and other footage of the systems in operation on-site.
• In March 2022, Muratec and Cimcorp, both subsidiaries of Murata Machinery, displayed their automation technology at the MODEX 2022 supply chain trade event. Robotic order-picking systems and automated storage and retrieval systems (ASRS) are among the featured technologies. The firms displayed end-to-end automation solutions that address major warehouse and distribution issues.
• In 2020, Interrol unveiled the high-performance MX 025H Crossbelt Sorter, which can handle up to 20,000 conveyed items per hour.

Intralogistics Market Report Coverage

• The report offers a comprehensive quantitative as well as qualitative analysis of the current Intralogistics Market outlook and estimations from 2022 to 2032, which helps to recognize the prevalent opportunities.
• The report also covers qualitative as well as quantitative analysis of Intralogistics Market Market in terms of revenue ($Billion).
• Major players in the market are profiled in this report and their key developmental strategies are studied in detail. This will provide an insight into the competitive landscape of the Intralogistics industry.
• A thorough analysis of market trends and restraints is provided.
• By region as well as country market analysis is also presented in this report.
• Analytical depiction of the Intralogistics Market along with the current trends and future estimations to depict imminent investment pockets. The overall Intralogistics industry opportunity is examined by understanding profitable trends to gain a stronger foothold.
• Porter’s five forces analysis, SWOT analysis, Pricing Analysis, Case Studies, COVID-19 impact analysis, Russia-Ukraine war impact, and PESTLE analysis of the Intralogistics Market are also analyzed.

Intralogistics Market Segmentation

By Component

• Hardware
• Software
• Services

By End-Use

• Logistics
• Food and Beverage
• Retail and E-Commerce
• Automotive
• Chemical
• Others

By Region

• North America
  • The U.S.
  • Canada
  • Mexico
• Europe
  • The U.K.
  • Germany
  • France
  • Spain
  • Italy
  • Netherlands
  • Sweden
  • Switzerland
  • Denmark
  • Finland
  • Russia
  • Rest of Europe
• The Asia-Pacific
  • China
  • India
  • Japan
  • South Korea
  • Australia
  • Singapore
  • Indonesia
  • Taiwan
  • Malaysia
  • Rest of Asia-Pacific
• Rest of the World
  • Latin America
  • The Middle East
  • Africa

Key Players

• Siemens
• Aethon
• Invata
• KION Group
• Balluff
• Datalogic
• Omron
• Pepperl & Fuchs
• Daifuku Co. Ltd.
• Jungheinrich AG

Automated Sortation System Market to Reach US$ 4.6 Bn by 2032, driven by the rising need for a reduction in inventory and handling processes: Global Insight Services

New York, July 2023: According to a new research study by Global Insight Services (GIS), the global Automated Sortation System Market is expected to grow rapidly over the next 10 years to reach a value of more than the US $ 4.6 Billion by 2032.

An automated sortation system is a material handling system that uses sorting technology to automatically sort items or products according to predetermined criteria. Sortation systems are used in a variety of industries and applications, including package handling, order fulfilment, and manufacturing. Automated sortation systems typically consist of a series of conveyors, sorting devices, and control systems. The conveyors transport items to be sorted to the sorting devices, which can include chutes, gates, or other mechanisms. The control system directs the flow of items to the appropriate sorting device based on the predetermined criteria..

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Automated Sortation System Market: Key Trends and Drivers

The increasing adoption of Internet of Things (IoT) technology is driving market growth in the forecast period. Companies in the market are concentrating on leveraging this technology to improve their product offerings and fulfill the diverse sorting needs of end-users. Sortation holds significant importance for pharmaceutical companies, where wastage issues arise due to products being sorted outside their required storage temperature for extended periods, rendering them unusable. To address this challenge, industry players are employing IoT connectivity to enable high-speed sortation and enhance product visibility by tracking their location effectively. Additionally, increased investments in warehouse automation across various sectors. A notable example is Coca-Cola European Partners, which, in June 2017, committed a substantial investment of USD 49.6 million to enhance its factory in the U.K. with an automated warehouse. This investment aims to expand storage capacity and deploy advanced systems capable of efficiently handling around 25,000 pallets. Furthermore, the adoption of pouch/pocket sorters in the clothing and apparel industries is expected to further fuel market expansion during the forecast period.

Automated Sortation System Market: Restraints & Challenges

The Automated Sortation System market faces significant challenges, primarily stemming from the high initial investment cost and the requirement for substantial space during installation. The implementation of these systems demands a substantial upfront financial commitment, deterring potential adopters, particularly smaller businesses with limited budgets. Additionally, the need for a large physical area to accommodate the sortation infrastructure can be a limiting factor for companies with space constraints in their facilities. Despite the evident benefits of increased efficiency and productivity, these barriers pose considerable obstacles to the widespread adoption of automated sortation solutions in various industries. Innovative cost-effective solutions and adaptable compact designs will be important to address these challenges and unlock the full potential of automated sortation systems in the market.

Automated Sortation System Market Report Findings

https://www.globalinsightservices.com/reports/automated-sortation-system-market/

The liner sorting segment is likely to hold a dominant Automated Sortation System Market share and grow at a substantial CAGR during the forecast period.

Based on type, the market is segmented into Linear Sortation, and Loop Sortation. Among these in 2022, the linear sortation segment dominated the market with the highest share. This segment encompasses a variety of sortation systems, such as shoe sorters, narrow belt sorters, tilt tray sorters, and cross-belt sorters, commonly utilized in cross-docking applications. These systems are renowned for their exceptional performance, reliability, and extended operational lifespan. Linear Sortation has become increasingly favored by industries such as e-commerce, logistics, and distribution centers due to its unparalleled efficiency and precision in handling high volumes of diverse items. The system’s ability to accurately sort packages, parcels, and products based on their unique attributes, such as size, weight, and destination, has led to improved operational throughput and reduced error rates. As businesses strive to streamline their supply chain processes and meet the ever-growing consumer expectations for faster and more reliable deliveries, the adoption of Linear Sortation technology has become indispensable, making it a pivotal driver in the rapid expansion of the automated sorting system markets.

Whereas, the loop sortation segment is anticipated to exhibit robust growth, exceeding a significant Compound Annual Growth Rate (CAGR). Loop sortation systems primarily include tilt tray sorters, cross belt sorters, Bombay sorters, and pouch/pocket sorters. Also known as circular sortation systems, they are designed with tight radius curves to make the most efficient use of warehouse space. Loop sortation systems are particularly favored in pharmaceutical applications for their precision and efficiency.

The retail and e-commerce segment is anticipated to hold a majority of the Automated Sortation System Market size throughout the study period.

Based on end-use, the market is segmented into Retail & E-commerce, Food & Beverages, Transportation & Logistics, Pharmaceutical, Others. Among these, the Retail & E-commerce segment has experienced significant growth in the automated sorting system market, driven by the ever-increasing demand for efficient and streamlined order fulfillment processes. With the surge in online shopping and the need for faster, accurate, and cost-effective sorting solutions, retailers and e-commerce businesses have turned to automated sorting systems to optimize their logistics operations. These systems leverage advanced technologies such as artificial intelligence, robotics, and computer vision to sort and categorize parcels and packages rapidly, improving order accuracy, reducing handling times, and enhancing overall customer satisfaction. As the Retail & E-commerce industry continues to expand and evolve, the adoption of automated sorting systems is expected to further accelerate, propelling the market’s growth in the coming years.

The Europe region is estimated to exhibit the highest growth rate during the Automated Sortation System Market forecast period.

Region-wise, it is studied across North America, Europe, Asia Pacific, and the Rest of the World. Europe accounted for largest revenue share in 2022. In 2019, primarily driven by key players like Siemens AG, KNAPP AG, and Beumer Group Gmbh. The region’s strong market position was further bolstered by the growing demand in the transportation and logistics sector. Additionally, Europe’s high logistics performance index (LPI) score, as reported by the World Bank Group, surpassed other regions, further strengthen its position. With renowned companies like System Logistics S.p.A. and DHL International GmbH heavily utilizing automation in warehouse operations, Europe is expected to maintain its significant market share from 2022 to 2032. On the other hand, the Asia Pacific region is projected to witness the highest compound annual growth rate (CAGR) during the forecast period. This growth is attributed to the increasing adoption of online shopping in developing countries like China and India. As per the India Brand Equity Foundation (IBEF), the Indian e-commerce market is set to reach USD 200 billion by 2026, a significant increase from USD 38.5 billion in 2017. Furthermore, the Industry 4.0 revolution in the region is anticipated to propel the use of automated technologies, unlocking substantial growth potential for the market.

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Competitive Landscape

The overall competitive rivalry remains moderately high in the market studied. The growing presence of big players in the industry is expected to intensify competitive rivalry during the forecast period. The global automated sortation system market report includes players are   Toyota Industries Corporation, Beumer Group, Fives, Intralox, Siemens AG, Daifuku Co., Ltd., KION Group (Dematic), SSI SCHAEFER Group, Murata Machinery Ltd. and Knapp AG, among others.

Recent Developments in the Automated Sortation System Market:

• In June 2021, Satake has announced a debut of its latest and largest optical sorter in size and capacity: “NIRAMI series.” Satake’s latest high specification Optical Sorter “NIRAMI” is designed to efficiently sort grains, pulses, seeds, and many other products. With various sizes available, all featuring extra-wide chutes and flexible configurations, Nirami ideally suits a wide variety of applications and processing capacities. These newly designed optics detect and distinguish subtle color differences utilizing RGB full-color cameras and optional infrared (IR) cameras.
• In March 2021, Interroll has added a system for a wide range of potential users to its successful range of automated sortation solutions with the launch of a new drop tray sorter, the Split Tray Sorter MT015S. The new product makes it easier for companies to enter the e-commerce market or be used flexibly to existing sortation solutions.
• In August 2019, Interroll Group acquired parts of the business activities and assets of its IBH ehf, the company sales agent in Iceland and Faroe Islands. The acquisition was done to strengthen the former company sales and service offerings in the food and beverage sector.
• In March 2018, KNAPP AG announced its plans to invest in an innovation center in Austria. The company plans to utilize the new facility for the development of technologically warehouse logistics systems and gain a competitive advantage in the market.
• In June 2017, Coca-Cola European Partners announced investment worth USD 49.6 million in its automated warehouse at its factory in the U.K. The investment was done to increase the facilitys storage capacity and will have systems that are capable of automatically moving around 25,000 pallets.

Automated Sortation System Market Report Coverage

• The report offers a comprehensive quantitative as well as qualitative analysis of the current global Automated Sortation System Market outlook and estimations from 2022 to 2032, which helps to recognize the prevalent opportunities.
• A thorough analysis of market trends and restraints is provided.
• Region-wise, as well as country-wise conditions, are broadly evaluated in this report.
• The forecasts in this report are made by examining the recent trends along with future Automated Sortation System Market potential from 2022 to 2032 in terms of revenue.
• Porter’s five forces analysis, SWOT analysis, COVID-19 impact analysis, Russia-Ukraine war impact, and PESTLE analysis of the Automated Sortation System Market are also analyzed.

Global Automated Sortation System Market Segmentation

By Type

• Linear Sortation
• Loop Sortation

By End-user

• Retail & E-commerce
• Food & Beverages
• Transportation & Logistics
• Pharmaceutical
• Others

By Region

• North America
  • The U.S.
  • Canada
  • Mexico
• Europe
  • The U.K.
  • Germany
  • France
  • Spain
  • Italy
  • Netherlands
  • Sweden
  • Switzerland
  • Denmark
  • Finland
  • Russia
  • Rest of Europe
• The Asia-Pacific
  • China
  • India
  • Japan
  • South Korea
  • Australia
  • Singapore
  • Indonesia
  • Taiwan
  • Malaysia
  • Rest of Asia-Pacific
• Rest of the World
  • Latin America
  • The Middle East
  • Africa

Key Players

• Toyota Industries Corporation
• Beumer Group
• Fives
• Intralox
• Siemens AG
• Daifuku Co., Ltd.
• KION Group (Dematic)
• SSI SCHAEFER Group
• Murata Machinery Ltd.
• Knapp AG

Battery Racks Market to Reach US$ 4.9 bn by 2032, driven by growth in data center and telecommunications applications: Global Insight Services

New York, July 2023: According to a new research study by Global Insight Services (GIS), the global battery racks market is expected to grow rapidly over the next 10 years to reach a value of more than the US $4.9 billion by 2032.

Battery racks are battery storage systems. They are used to store batteries safely and are utilized for maintenance, installation, and operation of the batteries. In addition, it is becoming the product of choice for numerous industries including, utility, data centers, and telecom among others owing to its high-performance benefits. Besides, momentous innovations in the area of battery racks are anticipated to create lucrative opportunities for the battery racks market players in the upcoming years.

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Battery Racks Market: Key Trends and Drivers

There has been an increase in demand for grid energy storage systems due to the ongoing grid modernization. This in turn is expected to lead to the growth of the battery racks market. In addition, wind and solar energy are the major renewable energy types which can be stored in grids. But, the hiding of the sun by clouds or inconsistent wind currents lead to deviations in the process of energy generation. Hence, such fluctuations generate the need for flexible grid systems to store energy. Therefore, battery energy storage systems along with battery racks & spill containment products are becoming an integral part of grid energy storage. The adoption of these systems enhances the flexibility and reliability of electricity supply systems. Further, escalating focus of governments globally towards modernizing the utility sector is projected to lead to growing adoption of batteries, and thereby the battery racks products. In addition, financings in the energy storage are expected to grow drastically all over the world as governments are creating new policies to augment the quality & reliability of the power distribution facilities to the industrial sectors. These aspects lead to the expansion in the deployment of battery energy storage systems such as battery racks in public utility & telecom end uses

Battery Racks Market Report Findings

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The steel segment is likely to hold dominant battery racks market share and growing at a substantial CAGR during the forecast period.

The steel segment is driving the growth of the battery racks market due to its exceptional properties and benefits. As a sturdy and durable material, steel ensures the structural integrity of battery racks, making them reliable and long-lasting. Its high tensile strength and resistance to corrosion and wear guarantee the safe containment and support of various battery types. Moreover, steel’s versatility allows for the customization of racks to fit specific battery configurations, meeting the diverse needs of industries and applications. The steel segment’s cost-effectiveness and low maintenance requirements make it an attractive choice for businesses seeking efficient and economical storage solutions. As the demand for energy storage systems increases across sectors like renewable energy, automotive, and telecommunications, the steel-based battery racks market is poised to see continued expansion in the coming years.

The VRLA segment is likely to hold dominant battery racks market share and growing at a substantial CAGR during the forecast period.

Based on product type, it is analyzed across standard, seismic, VRLA, and others. The VRLA (Valve Regulated Lead Acid) battery segment is a driving force in the battery racks market. The VRLA (Valve Regulated Lead Acid) battery segment is a driving force in the battery racks market. VRLA batteries are known for their maintenance-free operation and sealed design, making them ideal for various applications. Their versatility and reliability have led to increased demand across industries, such as telecommunications, data centers, renewable energy systems, and emergency backup power solutions. As businesses and consumers seek efficient and environmentally friendly energy storage options, VRLA batteries, housed in sturdy and efficient battery racks, have emerged as a preferred choice. The growing need for uninterrupted power supply in critical infrastructures has further bolstered the demand for VRLA-based battery racks, contributing significantly to the market’s expansion.

The horizontal battery racks segment is anticipated to hold majority of the battery racks market size throughout the study period.

By placement it is categorized into horizontal and vertical. The demand of horizontal battery racks market is expected to grow significantly in the forecast period. The horizontal battery racks can accommodate any type of battery and have horizontal mounting cells.In the forecast period, the demand for horizontal battery racks is projected to experience a substantial upsurge, driven by several key factors. The rapid expansion of renewable energy sources, such as solar and wind, has created a pressing need for efficient energy storage solutions. Horizontal battery racks offer a space-saving and easily scalable option for storing large quantities of batteries, making them ideal for commercial and industrial applications.

Additionally, the rising adoption of electric vehicles (EVs) worldwide is expected to fuel the demand for horizontal battery racks as charging infrastructure continues to develop. Moreover, the increasing use of battery energy storage systems in off-grid and remote areas further bolsters market growth. Technological advancements leading to enhanced battery performance and safety will also contribute to the market’s expansion. Furthermore, the growing awareness of sustainable practices and the need to reduce carbon footprints in various industries are likely to boost the adoption of horizontal battery racks. Government initiatives and incentives promoting energy storage installations are expected to play a vital role in driving the market forward. Lastly, the ability of horizontal battery racks to facilitate seamless battery maintenance and replacement will add to their appeal, further stimulating demand in the forecast period.

In 2021, the utility segment held the dominant place in the battery racks market.

The growth of the utility segment can be attributed to the need to accomplish the requirement of peak electricity. The utility sector is expected to hold a significant share of the market due to rise in deployment of power storage battery racks in small, medium, and large organizations globally. In addition, there has been an increase in demand for efficient and reliable electricity supply in several regions globally. The escalating demand for electricity and renewable energy are accountable for the high demand for battery energy storage racks in the utility sector. Thus, the demand of battery racks market for utility would rise in the forecast period.

The Asia-Pacific region is estimated to exhibit the highest growth rate during the battery racks market forecast period.

Region-wise, it is studied across North America, Europe, Asia-Pacific, and LAMEA. APAC accounts for the largest market share in the battery racks market owing to countries like China, India, Japan South Korea, and others, are investing in the R&D of battery storage devices. In addition, factors such as rapid development across manufacturing industries, and growing demand for effective battery racks are anticipated to propel the growth of the Asia-Pacific battery racks market. In addition, steady growth in industrialization and development in telecommunications industry are also expected to lead to the growth of the market. Moreover, presence of several medium to large players in the region is also attributable to rapid revenue growth. Thus, the demand for battery racks market would have positive influence in the forecast period.

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Competitive Landscape

The major players operating in the global battery racks industry report include Vertiv Holdings Co., EnerSys, Amphenol Network Solutions, Eagle Eye Power Solutions, LLC, Schneider Electric, EnviroGuard, Mesa Technical Associates, Inc., Newton Instrument Co., EATON, YHI Power, C&C Power, Inc., Narada Power, STEELMAXenergy, AIB KUNSTMANN Reserve GmbH and Alliance Metal Solutions.

Recent Developments in the Battery Racks Market:

• In March 2022, U.S.-based ESS Tech, Inc., which deals in long-duration batteries for commercial energy storage & utility-scale applications, announced that it is expanding its operations into Europe in order to meet the robust demand in the region for its long-duration energy storage (LDES) solutions.
• In November 2021, in the U.S., Eaton has introduced an innovative lithium-ion-powered UPS battery racks. This LXP-P series battery racks are light-weight battery cabinets which are designed for large users requiring Megawatts of backup power and are integrated with pre-installed lithium-ion batteries.
• In June 2021, South Korea-based LG Energy Solution, a company dealing in advanced lithium-ion batteries, supplied its latest state-of-the-art Transportable Rack (TR1300) to Moss Landing Energy Storage Facility of Vistra.
• In May 2021, Schneider Electric, a global provider of energy management & automation solutions, has introduced high-quality and cost-effective Easy Rack Series solely in the Commonwealth of Independent States (CIS) and the Europe. This series is available in a variety of sizes, and is easy to install, and simple to scale & customize. It serves mission-critical applications, such as industrial environments and data centers.

Battery Racks Market Report Coverage

• The report offers a comprehensive quantitative as well as qualitative analysis of the current Battery Racks Market outlook and estimations from 2022 to 2032, which helps to recognize the prevalent opportunities.
• The report also covers qualitative as well as quantitative analysis of Battery Racks Market in terms of revenue ($Million).
• Major players in the market are profiled in this report and their key developmental strategies are studied in detail. This will provide an insight into the competitive landscape of the Battery Racks Industry.
• A thorough analysis of market trends and restraints is provided.
• By region as well as country market analysis is also presented in this report.
• Analytical depiction of the Battery Racks Market along with the current trends and future estimations to depict imminent investment pockets. The overall Battery Racks industry opportunity is examined by understanding profitable trends to gain a stronger foothold.
• Porter’s five forces analysis, SWOT analysis, Pricing Analysis, Case Studies, COVID-19 impact analysis, Russia-Ukraine war impact, and PESTLE analysis of the Battery Racks Market are also analyzed.

Global Battery Racks Market Segments

By Material

• Steel
• Plastic
• Plastic Coated
• Others

By Product Type

• Standard
• Seismic
• Valve Regulated Lead Acid (VRLA)
• Others

By Placement

• Horizontal
• Vertical

By Application

• Utility
• Telecommunications
• Data Center
• Industrial Manufacturing
• Others

By Region

• North America
  • The U.S.
  • Canada
  • Mexico
• Europe
  • The U.K.
  • Germany
  • France
  • Spain
  • Italy
  • Netherlands
  • Sweden
  • Switzerland
  • Denmark
  • Finland
  • Russia
  • Rest of Europe
• The Asia-Pacific
  • China
  • India
  • Japan
  • South Korea
  • Australia
  • Singapore
  • Indonesia
  • Taiwan
  • Malaysia
  • Rest of Asia-Pacific
• Rest of the World
  • Latin America
  • The Middle East
  • Africa

Key Players

• Vertiv Holdings Co.
• EnerSys
• Amphenol Network Solutions
• Eagle Eye Power Solutions, LLC
• Schneider Electric
• EnviroGuard
• Mesa Technical Associates, Inc.
• Newton Instrument Co.
• EATON
• YHI Power
• C&C Power, Inc.
• Narada Power
• STEELMAXenergy
• AIB Kunstmann Reserve GmbH
• Alliance Metal Solutions.

Drone Sensors Market to Reach USD 2,391.5 million by 2032, driven by the growth in investment in healthcare infrastructure across the globe: Global Insight Services

New York, July 2023: According to a new research study by Global Insight Services (GIS), the global Drone Sensors market is expected to grow rapidly over the next 10 years to reach a value of more than USD 2,391.5 million by 2032.

The drone is a flying robot or aircraft with onboard sensors, a global positioning system, and software that allows it to be remotely controlled or fly on its own. Unmanned Aerial Vehicles (UAVs) and Unmanned Aircraft Systems are other names for drones (UAS). Previously, Unnamed Aerial Vehicles (UAVs) were only employed for military-related tasks like training for air defense target engagements, information gathering, and, more controversially, as a platform for carrying weapons.

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Drone Sensors Market: Key Trends and Drivers

The integration of advanced technologies is anticipated to boost the growth of the global drone sensors market. AI technology deployment in drones is becoming more common, owing to the global emphasis on the development of completely autonomous commercial drones. Newer drone models are outfitted with AI-powered flight controllers, allowing them to fly independently and make real-time decisions without human intervention. When combined with other technologies such as LiDAR and IoT, the UAV can also solve the need to supply, operate, and maintain public utilities in rural areas. For instance, in July 2022, Microsoft launched a simulator to train AI systems in drones. The simulator would help in software development and training also allowing them to track how winds may affect the battery life. AI continues to transform enterprises through automation and is emerging as a source of long-term competitive advantages. In the drone industry, AI algorithms detect flaws, leaks, and failures, reducing downtime. The reliance on commercial UAVs will increase as people become more aware of the importance of AI in complicated robot development. Similarly, investment in medical drone delivery has increased, allowing companies to widen their footprints. For instance, in February 2022, Phystech Ventures, a U.S.-based venture capital firm, stated that there had been a USD 5 billion investment in drone technology in the past two years.

Drone Sensors Market: Restraints and Challenges

The growing concern regarding to data safety associated with the commercial and civil applications of drones. Security concerns about the usage of drones may limit the commercial drone market’s expansion. Safety is a fundamental element to prioritize when operating drone technology. UAVs outfitted with high-quality sensors recognize possible collisions and safely engineer their way around them, making them a significant trait. These drone capacities must resemble those of manned aircraft navigators. It is commendable to hire professional drone service providers who can operate an aerial drone without crashing it. Drones operated in heavily-populated regions have an amplified risk of ground impact or damage, mainly due to system malfunction or hacking. Drones also pose a significant danger to aircraft as they can be sucked into the turbines of aircraft if there is a proximity between them, causing significant damage to the propulsion systems. The drones could be hijacked by tampering with the frequency-hopping sensors used in devices that use radio communications. The safety and privacy concerns related to drones are expected to hamper the growth of the market in focus during the forecast period.

Drone Sensors Market Report Findings

https://www.globalinsightservices.com/reports/drone-sensors-market/

The inertial sensors segment is anticipated to dominate the market during the forecast period

Based on the type, it is segmented into inertial sensor, image sensor, speed & distance sensor, position sensor, pressure sensor, light sensor, current sensor, altimeter sensor, and others. The inertial sensors segment is anticipated to dominate the market during the forecast period. Inertial measurement units may be used to provide data for an Attitude and Heading Reference System (AHRS), which calculates real-time attitude and heading for manned and unmanned aircraft, or an Inertial Navigation System (INS), which calculates position in addition to orientation. For instance, Quartz MEMS IMUs use an inertial sensing element that is micro-machined from a single piece of quartz and driven by an oscillator to vibrate at a precise amplitude.

The navigation segment is anticipated to dominate the market during the forecast period

Based on the application, it is segmented into navigation, collision detection & avoidance, data acquisition, motion detection, air pressure measurement, and others. The navigation segment is anticipated to dominate the market during the forecast period. Electronic compasses in drones give inertial navigation and guidance systems crucial directional data. Drone applications benefit from the improved accuracy and response time features of anisotropic magneto resistive (AMR) permalloy technology sensors, which use substantially less power than competing technologies. Manufacturers of drones can get high-quality data sensing from turnkey solutions in a highly durable and small design.

The fixed-wing segment is anticipated to dominate the market during the forecast period

Based on the platform type, it is segmented into VTOL, fixed-wing, and hybrid. The fixed-wing segment is anticipated to dominate the market during the forecast period. A VTOL can independently and safely opt for take off and land vertically with the use of highly sensitive sensors on a smaller area, and thus, they will perform effectively in the most difficult terrains with minimal noise. It is hence, being considered as a viable option for combat operations and further, battle damage management in various military applications. VTOL drones are also, expected to become a prominent part of the most important equipment in various life-threatening military missions. The most common type of VTOL UAV is a multi-copter drone.

The construction segment is anticipated to dominate the market during the forecast period

Based on the end user, it is segmented into construction, media & entertainment, precision agriculture, personal, security & surveillance, defense, law enforcement, transportation, and others. The construction segment is anticipated to dominate the market during the forecast period. The drone helps in collecting aerial footage of the construction site before, during, and after the project as per requirement and easing tasks. The advantage of using drones over the manual construction method is the fact that is saves time, and effort and reduces the risk involved. Drones are a viable tool that offers benefits ranging from on-site safety to remote monitoring. It provides construction contractors with broad, accurate, and detailed aerial information.

The North American region is anticipated to dominate the market during the forecast period

Region-wise, it is studied across the North America, Europe, Asia Pacific, and the Rest of the World. The North American region is anticipated to dominate the market during the forecast period. Developed economies such as the U.S., and Canada, have excellent integration of technology through smart & advanced equipment for improving production output over the past several years. Several farmers are dependent on smart agriculture equipment comprising drone technology to improve productivity. Strong growth in the United States and Canada, is responsible for the dominance of North America in the drone sensor market. Different companies are launching new products in the North American market. For instance, in November 2021, AgEagle announced the launch of MicaSense’s Altum-PT. An optimized 3-in-1 sensor integrating ultra-high resolution, panchromatic imaging and thermal imaging to provide unlimited analytical capabilities at leaf-level resolution.

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Competitive Landscape

The key players studied in the report are Ainstein (US), Trimble (US), Bosch Sensortec (Germany), TDK InvenSense (Japan), Sparton NavEx (US), Raytheon (US), ams AG (Austria), Infineon Technologies AG (Germany), PrescisionHawk (US), Sentera, Inc. (US), and SlantRange (US) among others.

Drone Sensors Market Report Coverage

• The report offers a comprehensive quantitative as well as qualitative analysis of the current Drone Sensor Market outlook and estimations from 2022 to 2032, which helps to recognize the prevalent opportunities.
• The report also covers qualitative as well as quantitative analysis of the Drone Sensor Market in terms of revenue ($Million).
• Major players in the market are profiled in this report and their key developmental strategies are studied in detail. This will provide an insight into the competitive landscape of the Drone Sensor Market industry.
• A thorough analysis of market trends and restraints is provided.
• By region as well as country market analysis is also presented in this report.
• Analytical depiction of the Drone Sensor Market along with the current trends and future estimations to depict imminent investment pockets. The overall Drone Sensor Market Industry opportunity is examined by understanding profitable trends to gain a stronger foothold.
• Porter’s five forces analysis, SWOT analysis, Pricing Analysis, Case Studies, COVID-19 impact analysis, Russia-Ukraine war impact, and PESTLE analysis of the Drone Sensor Market are also analyzed.

Global Drone Sensors Market Segmentation

By Sensor Type

• Inertial Sensor
• Image Sensor
• Speed & Distance Sensor
• Position Sensor
• Pressure Sensor
• Light Sensor
• Current Sensor
• Altimeter Sensor
• Others

By Platform Type

• VTOL
• Fixed-wing
• Hybrid

By Application

• Navigation
• Collision Detection & Avoidance
• Data Acquisition
• Motion Detection
• Air Pressure Measurement
• Others

By End User

• Construction
• Media & Entertainment
• Precision Agriculture
• Personal
• Security & Surveillance
• Defense
• Law Enforcement
• Transportation
• Others

By Region

• North America
  • The U.S.
  • Canada
  • Mexico
• Europe
  • The UK
  • Germany
  • France
  • Spain
  • Rest of Europe
• The Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia-Pacific
• Rest of the World
  • Latin America
  • The Middle East
  • Africa

Key Players

• Ainstein (US)
• Trimble (US)
• Bosch Sensortec (Germany)
• TDK InvenSense (Japan)
• Sparton NavEx (US)
• Raytheon (US)
• ams AG (Austria)
• Infineon Technologies AG (Germany)
• PrescisionHawk (US)
• Sentera, Inc. (US)
• SlantRange (US)

Aircraft Seating Market to Reach US$ 8.8 bn by 2032, driven by the growing demand for seats installed with IFEC systems, maintenance & retrofitting of existing aircraft and increasing aircraft production: Global Insight Services

New York, June 2023: According to a new research study by Global Insight Services (GIS), the global Aircraft Seating Market is expected to grow rapidly over the next 10 years to reach a value of more than the US $ 8.8 bn by 2032.

An aircraft seating refers to the seats provided on an airliner to accommodate passengers throughout their journey. These seats are typically arranged in rows across the fuselage of the airplane. An aircraft seat map is a diagram depicting the layout of seats in an aircraft. These seats are designed with passengers’ needs in mind and offer features like reclining capabilities and power ports. They consist of various components such as structure, foams, actuators, and electrical fittings, all of which are fire-resistant, insulated, durable, lightweight, and robust. Different materials like nylon, artificial leathers, silicon, polyethylene, and fire-blocking textiles are used for seat elements such as seat covers and foams. In addition, many full-service airline operators provide personal video screens as part of the in-flight entertainment system, particularly on long-haul flights.

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Aircraft Seating Market: Key Trends and Drivers

The increasing demand for personalized entertainment and comfort during air travel has led to a rising demand for seats equipped with in-flight entertainment systems. Airlines are increasingly adopting wireless and seat-centric IFEC solutions to enhance the flying experience for passengers. Furthermore, the incorporation of advanced technology-based amenities and comforts in seats is expected to enhance the overall in-flight experience, especially for long-haul flights. As a result, aircraft seat manufacturers and airline operators are prioritizing the provision of highly comfortable, safe, and pleasant seating options for passengers. Retrofitting existing aircraft with advanced products like IFEC systems has become a common practice among airlines worldwide as they strive to offer improved seating and other services, including in-flight entertainment and connectivity for live streaming and online shopping.

Moreover, original equipment manufacturers (OEMs) are focusing on developing advanced seat structures integrated with sophisticated IFE systems specifically designed for commercial, long-haul flights across the globe. Consequently, the growing demand for seats equipped with IFEC systems is expected to fuel the growth of the aircraft seating market in the forecast period..

Aircraft Seating Market: Restraints & Challenges

The installation of aircraft seats is accompanied by significant costs and regulatory requirements. Incorporating advanced technology systems and equipment into seats increases the initial expenses involved in aircraft seating. Additionally, the use of lightweight materials and components to reduce overall weight and fuel consumption in the aircraft cabin, including the seats, often results in higher costs. Furthermore, the airline industry has been severely impacted by the COVID-19 pandemic and subsequent lockdowns, leading to reduced revenue for operators. Consequently, many airline operators have postponed or canceled projects related to installing or replacing aircraft seating with premium designs.

Strict regulations, such as those concerning fire safety, seat weight limitations, and other factors, also pose challenges for the aircraft seating market. For example, aircraft seats must be able to withstand a dynamic 16g force, and they undergo rigorous testing to ensure passenger safety in the event of a severe accident. The selection of materials for seating applications is heavily influenced by these regulations, with composite parts often being preferred due to their lightweight advantages. Therefore, the high cost and regulatory constraints associated with aircraft seat installation are expected to impede market growth in the foreseeable future.

Aircraft Seating Market Report Findings

https://www.globalinsightservices.com/reports/aircraft-seating-market/

The narrow-body aircraft segment is anticipated to hold a majority of the Aircraft Seating Market size throughout the study period.

Based on the aircraft type, the aircraft seating market is divided into narrow body aircraft, wide body aircraft, regional transport aircraft, and business jets. The rise in middle-class income groups, particularly in developing countries, has resulted in a higher demand for narrow-body aircraft, as it supports the growing market for domestic air travel. With consumers becoming more affordable, there is a shift from ground transportation to economy class air travel in developing nations, which further contributes to the demand for narrow-body aircraft. Additionally, the reopening of lockdowns has led to a rapid recovery of domestic air traffic, driving the impressive growth of narrow-body aircraft. Business jets offer unique opportunities for the business and first-class segments, providing customers with exceptional luxury and comfort. These jets feature highly customized seats that come with value-added features like convertible beds, tray tables, power outlets, and advanced in-flight entertainment systems. These features are designed to enhance the overall customer experience and are considered essential components of business jet travel.

The economic class segment is anticipated to hold a majority of the Aircraft Seating Market size throughout the study period.

By seating type, the industry is bifurcated into Economy Class, Premium Economy Class, First Class, and Business Class. The market is witnessing a significant dominance of the economic class segment, driven by the growing demand from low-cost carriers (LCCs). One notable example is Indigo, India’s largest low-cost carrier, which has placed orders for more than 700 A320 neo-family airplanes in the past decade. In October 2019 alone, they ordered 300 aircraft, indicating substantial opportunities for economy class seating.

Meanwhile, the business-class segment is experiencing remarkable growth on a global scale. Airlines are striving to establish industry-standard services that provide a private and luxurious experience for business class travelers, which has become even more valuable during the pandemic. These efforts include incorporating a range of cutting-edge technology features such as wireless charging, dedicated phone holders, and exceptional comfort with increased legroom and customizable reclining options. In June 2021, Qatar Airways introduced its 311-seat Boeing B787-9 Dreamliner featuring the latest business class suite called Ascent. This suite offers passengers a fully flat bed and the option of a sliding door, creating a more private space and incorporating technology-rich value-added features.

The Seat Actuators segment is likely to hold a dominant Aircraft Seating Market share and grow at a substantial CAGR during the forecast period.

Based on Component and Materials, the industry is categorized into Structure Material, Upholsteries & Seat Cover, Seat Actuators, and Others. The market is currently dominated by components, structures, and moldings, which are experiencing significant changes in the adoption of lightweight materials. The trend is to replace traditional metal structures with modern lightweight composites, aiming to enhance fuel efficiency and reduce carbon emissions. In May 2021, Expliseat successfully added the world’s lightest seat, TiSeat E2, to Airbus A320 BFE catalog. This seat is 40% lighter than aluminum-based alternatives and offers high durability. It features an advanced seat frame construction made of carbon fiber composites and titanium, weighing just 5kg per seat. This weight reduction not only saves fuel costs for airlines but also contributes to a significant improvement in overall fuel economy.

The seat actuators segment is expected to experience remarkable growth in the global market. The increasing demand for exceptional comfort and smooth ergonomic seat motion from passengers is driving the integration of smart actuators into seating systems. This integration not only reduces the weight and after-sales costs of seats but also enhances the passenger flying experience, fueling the growth of this segment.

The OEM segment is anticipated to hold a majority of the Aircraft Seating Market size throughout the study period.

Based on end-user, the Aircraft Seating market is divided into OEM, MRO, and Aftermarket. The OEM segment is anticipated to grow at a promising CAGR during the forecast period. The automotive OEM market has good potential and it is expected to grow during the forecast period as there are innovations in technologies and changes in the product offerings in the market. As the nations are adopting stringent regulations for fuel efficiency there shall be an increase in demand for the light weighted fuel-efficient OEM parts.

The demand for the light weighted fuel-efficient parts will lead to an increase in the market size. Various initiatives taken by the government in order to use the original products to curb pollution and the increasing disposable income in developing nations are expected to drive the market during the forecast. An increase in the demand for various hybrid and luxury cars in developing nations is also expected to help in the growth of the automotive original equipment manufacturers market.

The Asia-Pacific region is estimated to exhibit the highest growth rate during the Aircraft Seating Market forecast period.

Region-wise, it is studied across North America, Europe, Asia Pacific, and the Rest of the World. Region-wise, it is studied across North America, Europe, Asia Pacific, and the Rest of the World. North America currently dominates the aircraft seating market due to several factors, including strict safety regulations, a large fleet size of commercial and business jets, and technological advancements in seating solutions. The US Federal Aviation Administration (FAA) has implemented stringent safety standards, mandating the installation of 16G seats that meet rigorous requirements. Additionally, there is a significant demand for lightweight materials such as composites in seating structures within the region.

On the other hand, the Asia-Pacific region holds great growth potential in the aircraft seating market, presenting an opportunity for industry stakeholders to enter this market. Currently, the region is primarily dominated by low-cost economy seating across emerging economies. However, there is a noticeable market gap for integrating lightweight and technologically advanced seating options in this region. The demand for premium economy and business class seating is on the rise, contributing to the overall market growth in Asia-Pacific.

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Competitive Landscape

Market players are focusing on strategic collaborations to enhance their product offerings. Some prominent participants in the global Aircraft Seating market include Acro Aircraft Seating Ltd., Airbus S.A.S., Aviointeriors S.p.A., Geven S.p.a., Jamco Corporation, Raytheon Technologies Corporation, Recaro Aircraft Seating GmbH & CO. KG, Safran, Swire Pacific Limited, and The Aviation Industry Corporation of China, Ltd. among others.

Recent Developments in the Aircraft Seating Market:

• In July 2022, ZIM Aircraft Seating agreed to supply premium economy seats for Air New Zealand’s Boeing 787-9 Dreamliner fleet.
• In June 2022, Recaro Aircraft Seating was selected by KLM Royal Dutch Airlines (KLM), Transavia France, and Netherlands-based Transavia Airlines to outfit new Airbus aircraft with economy class seats.
• In June 2022, STELIA Aerospace and AERQ to collaborate on Cabin Digital Signage integration of OPERA seats for the A320neo family.
• In June 2021, Qatar Airways launched its 311-seat Boeing B787-9 Dreamliner with the latest business class suite Ascent havi a fully flat bed and sliding door option for greater piracy enhancing private space and technology-rich value-added features.
• In May 2021, Expliseat’s world’s lightest seat was successfully logged into Airbus A320 BFE catalog due to its proven capability of being 40% lighter and highly durable over aluminum-based seat alternatives.

Aircraft Seating Market Report Coverage

• The report offers a comprehensive quantitative as well as qualitative analysis of the current global Aircraft Seating Market outlook and estimations from 2022 to 2032, which helps to recognize the prevalent opportunities.
• A thorough analysis of market trends and restraints is provided.
• Region-wise, as well as country-wise conditions, are broadly evaluated in this report.
• The forecasts in this report are made by examining the recent trends along with future Aircraft Seating Market potential from 2022 to 2032 in terms of revenue.
• Porter’s five forces analysis, SWOT analysis, COVID-19 impact analysis, Russia-Ukraine war impact, and PESTLE analysis of the Aircraft Seating Market are also analyzed.
• Major players in the market are profiled in this report and their key developmental strategies are studied in detail. This will provide an insight into the competitive landscape of the global surface disinfectants industry.

Global Aircraft Seating Market Segmentation

By Aircraft Type

• Narrow Body Aircraft
• Wide Body Aircraft
• Regional Transport Aircraft
• Business Jets

By Seating Type

• Economy Class
• Premium Economy Class
• First Class
• Business Class

By Component & Material

• Structure Material
• Upholsteries & Seat Cover
• Seat Actuators
• Others

By End-user

• OEM
• MRO
• Aftermarket

By Region

• North America
  • The U.S.
  • Canada
  • Mexico
• Europe
  • The U.K.
  • Germany
  • France
  • Spain
  • Italy
  • Netherlands
  • Sweden
  • Switzerland
  • Denmark
  • Finland
  • Russia
  • Rest of Europe
• The Asia-Pacific
  • China
  • India
  • Japan
  • South Korea
  • Australia
  • Singapore
  • Indonesia
  • Taiwan
  • Malaysia
  • Rest of Asia-Pacific
• Rest of the World
  • Latin America
  • The Middle East
  • Africa

Key Players

• Acro Aircraft Seating Ltd
• Airbus S.A.S.
• Aviointeriors S.p.A.
• Geven S.p.a.
• Jamco Corporation
• Raytheon Technologies Corporation
• Recaro Aircraft Seating GmbH & CO. KG
• Safran
• Swire Pacific Limited
• The Aviation Industry Corporation of China, Ltd.

Military Vehicle Electrification Market to Reach US$ 14.6 bn by 2032, driven by the enhancing land-based electrification capabilities can also imply taking a step toward autonomous or semi-autonomous operations and better situational awareness via upgraded sensors: Global Insight Services

New York, March 2023: According to a new research study by Global Insight Services (GIS), the global Military Vehicle Electrification Market is expected to grow rapidly over the next 10 years to reach a value of more than the US $ 14.6 bn by 2032.

Military vehicle electrification is the process of converting a traditional military vehicle to an electric vehicle. This can be done by replacing the internal combustion engine with an electric motor, or by installing a hybrid system that uses both an electric motor and a traditional engine. There are a number of benefits to military vehicle electrification. Electric vehicles are more efficient than traditional gasoline-powered vehicles, meaning that they use less fuel and emit fewer greenhouse gases. They also tend to be quieter, which can be advantageous during military operations. Electric vehicles also have lower maintenance costs, since there are no oil changes or tune-ups required.

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Alternative Lending Platform Market: Key Trends and Drivers

The increase in demand for lithium-ion batteries for military vehicles is expected to propel the growth of the military vehicle electrification market. Over the years, lithium-ion batteries have been widely used in military applications such as tactical radios, thermal imagers, ECM, ESM, and portable computing. The usage of lithium batteries is expected to further expand to heavy-duty platforms, such as military vehicles, boats, shelter applications, aircraft, and missiles, in coming years. For instance, in July 2021, the U.S. Department of Defence invested $1.65 million in NanoGraf Corporation, a US-based company that manufactures and sells lithium-ion batteries. The investment aims to give U.S. military troops better portable power for the gear they need to use in a safe and efficient manner. NanoGraf will create silicon anode-based lithium-ion technology that is compatible with all portable batteries in order to achieve a runtime increase of 50–100% over conventional graphite anode lithium-ion cells. Therefore, increasing demand for lithium-ion batteries for military vehicles is driving the growth of the military vehicle electrification market.

Alternative Lending Platform Market: Restraints & Challenges

The key restraints and challenges in Military Vehicle Electrification market are:

1. High cost of electric vehicles: The cost of electric vehicles is still high as compared to traditional petrol or diesel vehicles. This is a major challenge for the widespread adoption of electric vehicles in the military.

2. Limited range: The range of electric vehicles is still limited as compared to traditional petrol or diesel vehicles. This is a major challenge for the widespread adoption of electric vehicles in the military.

3. Lack of infrastructure: There is a lack of infrastructure for charging electric vehicles. This is a major challenge for the widespread adoption of electric vehicles in the military.

4. Limited battery life: The battery life of electric vehicles is still limited as compared to traditional petrol or diesel vehicles. This is a major challenge for the widespread adoption of electric vehicles in the military.

Military Vehicle Electrification Market Report Findings

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The hybrid electric vehicle segment is anticipated to hold a majority of the Military Vehicle Electrification Market size throughout the study period.

Based on the technology, the Military Vehicle Electrification Market is divided Hybrid Electric Vehicles, and Fully Electric Vehicles. Of these, the hybrid electric vehicle segment registered significant revenue in 2022. The hybrid military vehicle refers to a vehicle that can work with fuel and battery. These hybrid vehicles store energy during braking and decelerating by converting kinetic energy to electricity. The military vehicle can be operated manned, autonomous/ semi-autonomous. Electrification systems are used in combat, support, and unmanned armored vehicles in power generation, cooling systems, energy storage, traction drive systems, and power conversion. Furthermore, increased preference for the presence of dual systems to operate as per convenience has forecasted Hybrid Military vehicles to dominate the Technology segment of the Global Military Vehicle Electrification Market in the coming years. An increase in the concerns over the damage caused by military machinery over the environment has resulted in a 1.7% increase in the use of Fully Electric technology in 2019 as compared to the duration of 2014-2018 by the defense sectors of developed countries like the US, France, and Japan.

The support vehicles segment is anticipated to hold a majority of the Military Vehicle Electrification Market size throughout the study period.

By platform, the industry is bifurcated into combat vehicles, support vehicles, and unmanned armored vehicles. The requirement of military vehicle electrification in combat and support vehicles, are expected to be in a similar range during the forecast period. The importance of providing logistics to the soldiers in the war zone and increased demand for vehicles that can operate in tougher climatic conditions has forecasted Support Vehicles to dominate the Platform segment of the Global Military Vehicle Electrification Market in the coming years. The lowering of defense budgets by developing nations has resulted in increased demand for military vehicles that have low maintenance and operating cost. This has resulted in a 1.3% increase in demand for Combat vehicles that operate on electric machinery in the second decade of this century. The increased preference for remotely operated robots has resulted in a 2.8% increase in demand for the electrification of UAVs in 2019 as compared to the duration of 2015-2018 by the global defense sector.

The autonomous/semi-autonomous military segment is likely to hold a dominant Military Vehicle Electrification Market share and grow at a substantial CAGR during the forecast period.

Based on mode of operation, the industry is categorized into LoManned Vehicles, and Autonomous/Semi-Autonomous Vehicles. Based on operations, the autonomous/semi-autonomous military vehicle segment is projected to grow at the highest CAGR during the forecast period. The requirement of autonomous vehicles that help in reducing human loss and increasing capabilities are helping the growth of the market for Autonomous/semiautonomous military vehicles. Increased use of the remotely operated vehicle in the war zone has forecasted Autonomous vehicles to dominate the Operation segment of the Global Military Vehicle Electrification Market in the coming years. An increase in demand for military vehicles that work as an alternative for humans has resulted in a 1.7% increase in demand for Semi-autonomous vehicles in the second decade of this century by the global defense sector. The absence of technological infrastructure in most of the countries has resulted in a 3.1% increase in demand for Manually Operated Electric Military Vehicle by the defense sector of countries like China, South Korea, and Israel.

The power generation segment is anticipated to hold a majority of the Military Vehicle Electrification Market size throughout the study period.

Based on system, the Military Vehicle Electrification Market is divided into Credit Power Generation, Cooling Systems, Energy Storage Systems, Traction Drive Systems, Power Conversion, and Transmission Systems. Based on systems, the power generation segment is projected to grow at the highest CAGR during the forecast period. Growing demand for power systems due to the integration of new technologies and increasing power requirements in the vehicles are projected to increase the growth of the military vehicle electrification market. Increased demand for fuelling stations by the defense sector has forecasted the Power Generation System to dominate the System segment of the Global Military Vehicle Electrification Market in the coming years. Growing demand for a military vehicle that can cover a long distance with efficiency has resulted in a 3.1% increase in demand for Energy Storage Systems for Military Vehicles in 2020 as compared to the duration of 2014-2019. An increase in preference for a Hybrid Machinery that performs the conversion of energy from one source to another has resulted in a 1.1% increase in demand for Power Conversion Systems in Military Vehicle Electrification in the second decade of this century.

The Europe region is estimated to exhibit the highest growth rate during the Military Vehicle Electrification Market forecast period.

Region-wise, it is studied across North America, Europe, Asia Pacific, and the Rest of the World. The Europe region is estimated to account for the largest share of the Military vehicle electrification market in 2022. The, owing to increased investments in Military vehicle electrification technologies by countries in this region. Ministry of defense in the European countries are involved in the development of technologically advanced military vehicles and the procurement of new to increase their fleet size. Well-established and prominent manufacturers of Military vehicle electrification systems in this region include Bae systems (Uk), Leonardo Spa (Italy), Qinetiq(Uk) and Arquus (France).

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Competitive Landscape

Market players are focusing on strategic collaborations to enhance their product offerings. Some prominent participants in the global Military Vehicle Electrification Market include Arquus, BAE Systems, Inc., General Motors (GM Defense), Leonardo S.p.A., Oshkosh Corporation, Polaris Industries Inc., QinetiQ Group, Singapore Technologies Engineering Ltd, Textron Inc. (Howe & Howe), and Thales CommonBond, Inc. among others.

Recent Developments in the Alternative Lending Platform Market:

• In 2021, General Motors, a major American automaker, had revealed plans to introduce electric automobiles designed for personal usage, in the next years
• In January 2021, Elbit Systems Ltd., an international high technology corporation engaged in a wide range of homeland security, defense, and commercial applications, signed a tank and armored vehicle contract with the Asia Pacific government. The company will supply the Sabrah light tank, a tracked or wheeled light tank based on the tracked ASCOD platform, and the Pandur II eight-wheel drive vehicle as a prime contractor for the three-year initiative.
• In February 2021, Bharat Forge, an engineering and technology company, collaborated with the international aerospace and technology conglomerate Paramount Group to combine skills, technologies, and expertise to develop armored vehicles in India.
• In February 2021, American Rheinmetall Vehicles, LLC, a subsidiary of Rheinmetall AG, and L3Harris Technologies, an American technology company, defense contractor, and information technology services provider signed a partnership agreement. The partnership aimed to develop an Optionally Manned Fighting Vehicle (OMFV) for the U.S. Army. This vehicle replaced the Bradley Infantry Fighting Vehicle (IFV), a tracked fighting vehicle designed to move scouts with armor protection.
• In 2020, CATL, a Chinese EV battery manufacturer, is extending its relationships with Coach B.V. & VDL Bus in the Netherlands and Quantron AG in Germany to advance commercial vehicle electrification in Europe by improving local services and product solutions. Such partnerships, mergers, and acquisitions have created an environment between all contemporaries to employ ideas and innovation for enhanced manufacturing and technologies.
• In March 2022, Otokar, a Turkish bus and military vehicle manufacturing company, expanded its presence in the Asia Pacific. The firm displayed its COBRA II tactical armored vehicle and ARMA 66 wheeled armored vehicle at the Defense Services Asia expo in Kuala Lumpur, Malaysia.

Military Vehicle Electrification Market Report Coverage

• The report offers a comprehensive quantitative as well as qualitative analysis of the current global Military Vehicle Electrification Market outlook and estimations from 2022 to 2032, which helps to recognize the prevalent opportunities.
• A thorough analysis of market trends and restraints is provided.
• Region-wise, as well as country-wise conditions, are broadly evaluated in this report.
• The forecasts in this report are made by examining the recent trends along with future Military Vehicle Electrification Market potential from 2022 to 2032 in terms of revenue.
• Porter’s five forces analysis, SWOT analysis, COVID-19 impact analysis, Russia-Ukraine war impact, and PESTLE analysis of the Military Vehicle Electrification Market are also analyzed.
• Major players in the market are profiled in this report and their key developmental strategies are studied in detail. This will provide an insight into the competitive landscape of the global surface disinfectants industry.

Global Military Vehicle Electrification Market Segmentation

By Technology

• Hybrid Electric Vehicles
• Fully Electric Vehicles

By Platform

• Combat Vehicles
• Support Vehicles
• Unmanned Armored Vehicles

By Mode of Operation

• Manned Vehicles
• Autonomous/Semi-Autonomous Vehicles

By System

• Power Generation
• Cooling Systems
• Energy Storage Systems
• Traction Drive Systems
• Power Conversion
• Transmission Systems

By Region

• North America
  • The U.S.
  • Canada
  • Mexico
• Europe
  • UK
  • Germany
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia-Pacific
• Rest of World
  • Latin America
  • Middle East
  • Africa

Key Players

• Arquus
• BAE Systems, Inc.
• General Motors (GM Defense)
• Leonardo S.p.A.
• Oshkosh Corporation
• Polaris Industries Inc.
• QinetiQ Group
• Singapore Technologies Engineering Ltd
• Textron Inc. (Howe & Howe)
• Thales

Helicopter Services Market to Reach USD 49.7 Billion by 2032, driven by the growth in investment in infrastructure across the globe: Global Insight Services

New York, March 2023: According to a new research study by Global Insight Services (GIS), the global Helicopter Services market is expected to grow rapidly over the next 10 years to reach a value of more than USD 49.7 billion by 2032.

Helicopter services is a type of air transportation that uses helicopters to transport people or goods. Helicopter services can be used for a variety of purposes, including medical transportation, search and rescue operations, and disaster relief. Helicopter services can be provided by private companies or by government agencies.

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Helicopter Services Market: Key Trends and Drivers

The key drivers of the helicopter services market are the growing demand for on-demand transportation, the need for efficient transportation in remote areas, and the increasing number of air ambulance services.

The on-demand transportation segment is expected to grow at the highest CAGR during the forecast period. The demand for on-demand transportation has increased due to the growing need for efficient transportation in remote areas. On-demand transportation includes transportation services that are provided on an as-needed basis. This type of transportation is generally used for short-distance travel.

The air ambulance services segment is expected to grow at the second-highest CAGR during the forecast period. The increasing number of air ambulance services is one of the key factors driving the growth of this segment. Air ambulance services are used to transport patients to hospitals in emergency situations. These services are provided by trained medical personnel and are equipped with life-saving equipment.

The remote areas segment is expected to grow at the third-highest CAGR during the forecast period. The need for efficient transportation in remote areas has increased due to the growing population in these areas. Helicopters are the most efficient means of transportation in remote areas as they can land in small spaces and are not affected by bad weather conditions.

Helicopter Services Market: Restraints and Challenges

The key restraints and challenges in the helicopter services market are the high cost of ownership and operating costs, the need for highly skilled pilots, and the stringent regulations.

The high cost of ownership is a major barrier to the growth of the helicopter services market as it limits the number of potential customers.

The operating costs of helicopters are also high, which makes it difficult for operators to generate profits. In addition, the need for highly skilled pilots limits the number of people who can fly helicopters, which further restricts the market growth.

The stringent regulations governing the helicopter services industry are another challenge faced by the market players. These regulations are designed to ensure the safety of passengers and crew, and to prevent accidents.

Helicopter Services Market Report Findings

https://www.globalinsightservices.com/reports/helicopter-services-market/

The light segment is anticipated to dominate the market during the forecast period

Based on type, it is segmented into light, medium, and heavy. The light segment is anticipated to dominate the market during the forecast period. Similarly, the medium segment is anticipated to witness the fastest growth during the forecast period.

The oil & gas segment is anticipated to dominate the market during the forecast period

Based on application, it is segmented into oil & gas, medical services, transport, law enforcement & public safety, and others. The oil & gas segment is anticipated to dominate the market during the forecast period. Similarly, the medical services segment is anticipated to witness the fastest growth during the forecast period.

The North American region is anticipated to dominate the market during the forecast period

Region-wise, it is studied across North America, Europe, Asia Pacific, and the Rest of the World. The North American region is anticipated to dominate the market during the forecast period. Similarly, the Asia Pacific region is anticipated to witness the fastest growth during the forecast period.

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Competitive Landscape

The key players studied in the report are MD Helicopters, Bristow Group Inc., CHC Group LLC, Era Group Inc., Falcon Aviation , Gulf Helicopters, Heliconia Group, Héli-Union, NHV Group and PHI, Inc. among others.

Helicopter Services Market Report Coverage

• The report offers a comprehensive quantitative as well as qualitative analysis of the current global Helicopter Services market outlook and estimations from 2022 to 2032, which helps to recognize the prevalent opportunities.
• A thorough analysis of market trends and restraints is provided.
• Region-wise, as well as country-wise conditions, are broadly evaluated in this report.
• The forecasts in this report are made by examining the recent trends along with future Helicopter Services market potential from 2022 to 2032 in terms of revenue.
• Porter’s five forces analysis, SWOT analysis, COVID-19 impact analysis, Russia-Ukraine war impact, and PESTLE analysis of the Helicopter Services market are also analyzed.
• Major players in the market are profiled in this report and their key developmental strategies are studied in detail. This will provide an insight into the competitive landscape of the global Helicopter Services industry.

Global Helicopter Services Market Segmentation

By Type

• Light
• Medium
• Heavy

By Application

• Oil & Gas
• Medical Services
• Transport
• Law Enforcement & Public Safety
• Others

By Region

• North America
  • The U.S.
  • Canada
  • Mexico
• Europe
  • The UK
  • Germany
  • France
  • Spain
  • Rest of Europe
• The Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia-Pacific
• Rest of the World
  • Latin America
  • The Middle East
  • Africa

Key Players

• MD Helicopters,
• Bristow Group Inc.,
• CHC Group LLC,
• Era Group Inc.,
• Falcon Aviation ,
• Gulf Helicopters,
• Heliconia Group,
• Héli-Union,
• NHV Group
• PHI, Inc.

Armored Vehicle Market to Reach USD 17.6 Billion by 2032, driven by the growth in investment in infrastructure across the globe: Global Insight Services

New York, February 2023: According to a new research study by Global Insight Services (GIS), the global Armored Vehicle market is expected to grow rapidly over the next 10 years to reach a value of more than USD 17.6 billion by 2032.

An armored vehicle is a type of vehicle that is designed to protect its occupants from various threats, including small arms fire, improvised explosive devices, and larger caliber projectiles. Armored vehicles can be either wheeled or tracked, and are typically produced in a variety of specialized variants, such as personnel carriers, infantry fighting vehicles, and tank destroyers.

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Armored Vehicle Market: Key Trends and Drivers

The armored vehicles offer protection against small arms, land mines, and improvised explosive devices (IEDs). These vehicles are used by armed forces, law enforcement agencies, and private security companies. The rising number of terrorist attacks and cross-border disputes are the major factors driving the demand for armored vehicles.

Armored Vehicle Market: Restraints and Challenges

The key restraints in the armored vehicle market include the high cost of these vehicles and the lack of standardization in the design and manufacturing of these vehicles.

The challenges in the armored vehicle market include the need for improved protection against improvised explosive devices (IEDs) and the increasing use of anti-tank guided missiles (ATGMs) by insurgents and terrorists.

Armored Vehicle Market Report Findings

https://www.globalinsightservices.com/reports/armored-vehicle-market/

The wheeled segment is anticipated to dominate the market during the forecast period

Based on type, it is segmented into wheeled, and tracked. The wheeled segment is anticipated to dominate the market during the forecast period. Similarly, the tracked segment is anticipated to witness the fastest growth during the forecast period.

The defense segment is anticipated to dominate the market during the forecast period

Based on application, it is segmented into defense, and law enforcement. The defense segment is anticipated to dominate the market during the forecast period. Similarly, the law enforcement segment is anticipated to witness the fastest growth during the forecast period.

The North American region is anticipated to dominate the market during the forecast period

Region-wise, it is studied across North America, Europe, Asia Pacific, and the Rest of the World. The North American region is anticipated to dominate the market during the forecast period. Similarly, the Asia Pacific region is anticipated to witness the fastest growth during the forecast period.

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Competitive Landscape

The key players studied in the report are BAE Systems., General Dynamics Corporation, INKAS Armored Vehicle Manufacturing, International Armored Group, Krauss-Maffei Wegmann GmbH & Co., Lenco Armored Vehicles, Lockheed Martin Corporation, Oshkosh Corporation, Inc., Rheinmetall AG, and STREIT Group among others.

Armored Vehicle Market Report Coverage

• The report offers a comprehensive quantitative as well as qualitative analysis of the current global Armored Vehicle market outlook and estimations from 2022 to 2032, which helps to recognize the prevalent opportunities.
• A thorough analysis of market trends and restraints is provided.
• Region-wise, as well as country-wise conditions, are broadly evaluated in this report.
• The forecasts in this report are made by examining the recent trends along with future Armored Vehicle market potential from 2022 to 2032 in terms of revenue.
• Porter’s five forces analysis, SWOT analysis, COVID-19 impact analysis, Russia-Ukraine war impact, and PESTLE analysis of the Armored Vehicle market are also analyzed.
• Major players in the market are profiled in this report and their key developmental strategies are studied in detail. This will provide an insight into the competitive landscape of the global Armored Vehicle industry.

Global Armored Vehicle Market Segmentation

By Type

• Wheeled
• Tracked

By Application

• Defense
• Law Enforcement

By Region

• North America
  • The U.S.
  • Canada
  • Mexico
• Europe
  • The UK
  • Germany
  • France
  • Spain
  • Rest of Europe
• The Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia-Pacific
• Rest of the World
  • Latin America
  • The Middle East
  • Africa

Key Players

• BAE Systems.
• General Dynamics Corporation
• INKAS Armored Vehicle Manufacturing
• International Armored Group
• Krauss-Maffei Wegmann GmbH & Co.
• Lenco Armored Vehicles
• Lockheed Martin Corporation
• Oshkosh Corporation, Inc.
•  Rheinmetall AG,
• STREIT Group

Industrial Magnetrons Market to Reach USD 8.0 Billion by 2032, driven by the growth in investment in infrastructure across the globe: Global Insight Services

New York, February 2023: According to a new research study by Global Insight Services (GIS), the global Industrial Magnetrons market is expected to grow rapidly over the next 10 years to reach a value of more than USD 8.0 billion by 2032.

Industrial magnetrons are high-power microwave devices that are used in industrial applications such as radar, microwave heating, and medical devices. Magnetrons generate microwaves by using an electromagnetic field to accelerate electrons in a vacuum chamber. The microwaves are then emitted from the magnetron through a hole in the side of the device. Magnetrons are used in a variety of industries and have a wide range of power output levels.

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Industrial Magnetrons Market: Key Trends and Drivers

The key drivers of the industrial magnetrons market are the rising demand for microwave heating from various end-use industries and the increasing adoption of industrial magnetrons in medical applications. The rising demand for microwave heating can be attributed to the growing industrial and commercial applications of microwaves, such as food processing, material drying, and chemical synthesis. The increasing adoption of industrial magnetrons in medical applications is due to the growing demand for cancer treatment and the rising number of hospitals and clinics. The other drivers of the market include the increasing government funding for research and development activities and the growing number of patents for industrial magnetrons.

Industrial Magnetrons Market: Restraints and Challenges

The key restraints and challenges in industrial magnetrons market include the high cost of magnetrons, the need for specialized training to operate them, and the limited availability of qualified personnel. Additionally, the market is also challenged by the slow adoption rate of new technologies, the lack of standardization across the industry, and the lack of awareness about the benefits of magnetrons.

Industrial Magnetrons Market Report Findings

https://www.globalinsightservices.com/reports/industrial-magnetrons-market/

The continuous wave segment is anticipated to dominate the market during the forecast period

Based on product type, it is segmented into continuous wave, and pulsed. The continuous wave segment is anticipated to dominate the market during the forecast period. Similarly, the pulsed segment is anticipated to witness the fastest growth during the forecast period.

The air-cooled segment is anticipated to dominate the market during the forecast period

Based on cooling type, it is segmented into air cooled, and water cooled. The air-cooled segment is anticipated to dominate the market during the forecast period. Similarly, the water-cooled segment is anticipated to witness the fastest growth during the forecast period.

The industrial hearing equipment segment is anticipated to dominate the market during the forecast period

Based on application, it is segmented into industrial heating equipment, radar systems, medical applications, and others. The industrial hearing equipment segment is anticipated to dominate the market during the forecast period. Similarly, radar systems is anticipated to witness the fastest growth during the forecast period.

The North American region is anticipated to dominate the market during the forecast period

Region-wise, it is studied across North America, Europe, Asia Pacific, and the Rest of the World. The North American region is anticipated to dominate the market during the forecast period. Similarly, the Europe region is anticipated to witness the fastest growth during the forecast period.

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Competitive Landscape

The key players studied in the report are Panasonic Corporation, Toshiba, Hitachi Ltd., L3 Technologies, Inc., MUEGGE GmbH, Teledyne E2V Limited, CPI International Inc., Richardson Electronics, Ltd., MDP Components, and STT International Limited. among others.

Industrial Magnetrons Market Report Coverage

• The report offers a comprehensive quantitative as well as qualitative analysis of the current global Industrial Magnetrons market outlook and estimations from 2022 to 2032, which helps to recognize the prevalent opportunities.
• A thorough analysis of market trends and restraints is provided.
• Region-wise, as well as country-wise conditions, are broadly evaluated in this report.
• The forecasts in this report are made by examining the recent trends along with future Industrial Magnetrons market potential from 2022 to 2032 in terms of revenue.
• Porter’s five forces analysis, SWOT analysis, COVID-19 impact analysis, Russia-Ukraine war impact, and PESTLE analysis of the Industrial Magnetrons market are also analyzed.
• Major players in the market are profiled in this report and their key developmental strategies are studied in detail. This will provide an insight into the competitive landscape of the global Industrial Magnetrons industry.

Global Industrial Magnetrons Market Segmentation

By Product Type

• Continuous Wave
• Pulsed

By Cooling Type

• Air Cooled
• Water Cooled

By Application

• Industrial Heating Equipment
• Radar Systems
• Medical Applications
• Others

By Region

• North America
  • The U.S.
  • Canada
  • Mexico
• Europe
  • The UK
  • Germany
  • France
  • Spain
  • Rest of Europe
• The Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia-Pacific
• Rest of the World
  • Latin America
  • The Middle East
  • Africa

Key Players

• Panasonic Corporation, 
• Toshiba, 
• Hitachi Ltd., 
• L3 Technologies, Inc., 
• MUEGGE GmbH, 
• Teledyne E2V Limited, 
• CPI International Inc., 
• Richardson Electronics, Ltd., 
• MDP Components, 
• STT International Limited.

Marine Interiors Market to Reach USD 9.2 billion by 2032, driven by the growth in investment in infrastructure across the globe: Global Insight Services

New York, January 2023: According to a new research study by Global Insight Services (GIS), the global Marine Interiors market is expected to grow rapidly over the next 10 years to reach a value of more than USD 9.2 billion by 2032.

Marine interiors are the interiors of boats and other watercraft. They can be made from a variety of materials, including wood, plastic, and metal. Marine interiors must be durable and resistant to water damage, as they are constantly exposed to the elements. Many marine interiors also feature specialized storage areas for equipment and supplies.

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Marine Interiors Market: Key Trends and Drivers

The key drivers of the marine interiors market are the growth of the maritime industry, the rise in maritime trade, and the need for better vessel utilization. The maritime industry is growing due to the rise in global trade and the need for better vessel utilization. The maritime industry is also facing a shortage of skilled labor, which is driving up the demand for marine interiors.

Marine Interiors Market: Restraints and Challenges

The key restraints and challenges in the Marine Interiors market include the high cost of installation, the need for regular maintenance, and the limited availability of trained personnel. Other challenges include the limited availability of space on board vessels, the need for specialized equipment, and the risk of fire and explosion.

Marine Interiors Market Report Findings

https://www.globalinsightservices.com/reports/marine-interiors-market/

The commercial vessels segment is anticipated to dominate the market during the forecast period

Based on ship type, it is segmented into commercial vessels, and defense vessels. The commercial vessels segment is anticipated to dominate the market during the forecast period. Similarly, defense vessels segment is anticipated to witness the fastest growth during the forecast period.

The Aluminum segment is anticipated to dominate the market during the forecast period

Based on material, it is segmented into aluminum, steel, composites, and others. The Aluminum segment is anticipated to dominate the market during the forecast period. Similarly, the steel segment is anticipated to witness the fastest growth during the forecast period.

The passenger area segment is anticipated to dominate the market during the forecast period

Based on application, it is segmented into passenger area, public area, and crew area. The passenger area segment is anticipated to dominate the market during the forecast period. Similarly, the public area segment is anticipated to witness the fastest growth during the forecast period.

The North American region is anticipated to dominate the market during the forecast period

Region-wise, it is studied across the North America, Europe, Asia Pacific, and the Rest of the World. The North American region is anticipated to dominate the market during the forecast period. Similarly, the Asia Pacific region is anticipated to witness the fastest growth during the forecast period.

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Competitive Landscape

The key players studied in the report are R&M Group, Almaco, Trimline, Kaefer, Bourne Group, Marine Interiors, Mivan Marine, Bolidt, Forbo Flooring Systems and Naval Interior Team among others.

Marine Interiors Market Report Coverage

• The report offers a comprehensive quantitative as well as qualitative analysis of the current global Marine Interiors market outlook and estimations from 2022 to 2032, which helps to recognize the prevalent opportunities.
• A thorough analysis of market trends and restraints is provided.
• Region-wise, as well as country-wise conditions, are broadly evaluated in this report.
• The forecasts in this report are made by examining the recent trends along with future Marine Interiors market potential from 2022 to 2032 in terms of revenue.
• Porter’s five forces analysis, SWOT analysis, COVID-19 impact analysis, Russia-Ukraine war impact, and PESTLE analysis of the Marine Interiors market are also analyzed.
• Major players in the market are profiled in this report and their key developmental strategies are studied in detail. This will provide an insight into the competitive landscape of the global Marine Interiors industry.

Global Marine Interiors Market Segmentation

By Ship Type

• Commercial Vessels
• Defense Vessels

By Material

• Aluminum
• Steel
• Composites
• Others

By Application

• Passenger Area
• Public Area
• Crew Area

By Region

• North America
  • The U.S.
  • Canada
  • Mexico
• Europe
  • The UK
  • Germany
  • France
  • Spain
  • Rest of Europe
• The Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia-Pacific
• Rest of the World
  • Latin America
  • The Middle East
  • Africa

Key Players

• R&M Group
• Almaco
• Trimline
• Kaefer
• Bourne Group
• Marine Interiors
• Mivan Marine
• Bolidt
• Forbo Flooring Systems
• Naval Interior Team

Feed Mixer Market to Reach USD 1048.1 million by 2032, driven by the growth in investment in infrastructure across the globe: Global Insight Services

New York, January 2023: According to a new research study by Global Insight Services (GIS), the global Feed Mixer market is expected to grow rapidly over the next 10 years to reach a value of more than USD 1048.1 million by 2032.

A feed mixer is a machine that mixes different types of feed ingredients together. The main purpose of using a feed mixer is to obtain a homogeneous mixture of the ingredients, which will provide the animals with a balanced diet. Feed mixers come in a variety of sizes and designs, and can be stationary or mobile.

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Feed Mixer Market: Key Trends and Drivers

Some of the key drivers of the feed mixer market include the growing demand for animal-based protein, the need for efficient and cost-effective livestock production, and the increasing awareness of the importance of animal feed in the overall health and productivity of livestock.

The feed mixer market is also being driven by the increasing trend of vertical integration in the livestock industry, as well as the growing popularity of organic and natural animal feed products.

Feed Mixer Market: Restraints and Challenges

The key restraints and challenges in Feed Mixer market include the following:

1. High initial investment: The initial investment required for setting up a feed mixer business can be quite high. This includes the cost of machinery, equipment, and other necessary infrastructure.

2. High raw material costs: The cost of raw materials, such as grains, can fluctuate greatly, which can impact the profitability of the business.

3. Seasonal nature of the business: The demand for feed mixers can be quite seasonal, depending on the needs of the farming industry. This can make it difficult to maintain a consistent level of business throughout the year.

4. Competition from other businesses: There is a lot of competition in the feed mixer market from other businesses offering similar products and services. This can make it difficult to attract and retain customers.

Feed Mixer Market Report Findings

https://www.globalinsightservices.com/reports/feed-mixer-market/

The stationary feed mixers market is anticipated to dominate the market during the forecast period

Based on the type, it is segmented into stationary feed mixers, and portable feed mixers. The stationary feed mixers market is anticipated to dominate the market during the forecast period. Similarly, the portable feed mixers segment is anticipated to witness the fastest growth during the forecast period.

The farms segment is anticipated to dominate the market during the forecast period

Based on the application, it is segmented into farms, and feed factory. The farms segment is anticipated to dominate the market during the forecast period. Similarly, the feed factory segment is anticipated to witness the fastest growth during the forecast period.

The North American region is anticipated to dominate the market during the forecast period

Region-wise, it is studied across North America, Europe, Asia Pacific, and the Rest of the World. The North American region is anticipated to dominate the market during the forecast period. Similarly, the Asia Pacific region is anticipated to witness the fastest growth during the forecast period.

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Competitive Landscape

The key players studied in the report are Alltech Farming Solutions Ltd., Green Forage, Groupe Anderson, Trioliet Feeding Technology, Pellon Group Oy, Peeters Group, Grupo Tatoma, Kuhn North America Inc., Seko Industries Srl, Reg Cox Feedmixers Ltd., and Supreme International Ltd., among others.

Feed Mixer Market Report Coverage

• The report offers a comprehensive quantitative as well as qualitative analysis of the current global Feed Mixer market outlook and estimations from 2022 to 2032, which helps to recognize the prevalent opportunities.
• A thorough analysis of market trends and restraints is provided.
• Region-wise, as well as country-wise conditions, are broadly evaluated in this report.
• The forecasts in this report are made by examining the recent trends along with future Feed Mixer market potential from 2022 to 2032 in terms of revenue.
• Porter’s five forces analysis, SWOT analysis, COVID-19 impact analysis, Russia-Ukraine war impact, and PESTLE analysis of the Feed Mixer market are also analyzed.
• Major players in the market are profiled in this report and their key developmental strategies are studied in detail. This will provide an insight into the competitive landscape of the global Feed Mixer industry.

Global Feed Mixers Market Segmentation

By Type

• Stationary Feed Mixers
• Portable Feed Mixers

By Application

• Farms
• Feed Factory

By Region

• North America
  • The U.S.
  • Canada
  • Mexico
• Europe
  • The UK
  • Germany
  • France
  • Spain
  • Rest of Europe
• The Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia-Pacific
• Rest of the World
  • Latin America
  • The Middle East
  • Africa

Key Players

• Alltech Farming Solutions Ltd.
• Green Forage
• Groupe Anderson
• Trioliet Feeding Technology
• Pellon Group Oy
• Peeters Group
• Grupo Tatoma
• Kuhn North America Inc.
• Seko Industries Srl
• Reg Cox Feedmixers Ltd.
• Supreme International Ltd.

Industrial Roller Chain Drives Market to Reach USD 4.3 billion by 2032, driven by the growth in investment in infrastructure across the globe: Global Insight Services

New York, January 2023: According to a new research study by Global Insight Services (GIS), the global Industrial Roller Chain Drives market is expected to grow rapidly over the next 10 years to reach a value of more than USD 4.3 billion by 2032.

A chain drive, commonly referred to as a roller chain or transmission chain, is a device that transmits power by entangling chain links with sprocket gear teeth. It is a device that is used, primarily in motorcycles and chain-driven vehicles and equipment, to transport speed and torque from the engine to the wheels via a looped chain. Chain drives work at high speeds and are suited for short lengths. Some of the main benefits of chain drives include their efficient and smooth operation even in high temperatures, ease of installation, and resistance to water, oil, chemicals, and sunshine.

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Industrial Roller Chain Drives Market: Key Trends and Drivers

The main element influencing the global market is the rise in construction activity brought on by rapid industrialization. The need for chain drives is also being fueled by developments in the automotive engineering field and the adoption of cutting-edge designs and technology. To achieve optimal resource utilisation and efficient operations, manufacturers are using mechanical units with simple chain drives. Additionally, the availability of effective chain lubrication products, rising automation in end-use sectors, and rising demand for timing chain drives in the manufacturing sector are all anticipated to fuel market expansion.

Industrial Roller Chain Drives Market: Restraints and Challenges

The COVID-19 pandemic has hampered the growth of the market owing to supply chain disruption during the pandemic.

Industrial Roller Chain Drives Market Report Findings

https://www.globalinsightservices.com/reports/industrial-roller-chain-drive-market/

The multi strand chain segment is anticipated to dominate the market during the forecast period

Based on type, it is segmented into multi stand chain, and others. The multi strand chain segment is anticipated to dominate the market during the forecast period. Similarly, Other segment is anticipated to witness the fastest growth during the forecast period.

The power transmission segment is anticipated to dominate the market during the forecast period

Based on application, it is segmented into power transmission, and conveyor. The power transmission segment is anticipated to dominate the market during the forecast period. Similarly, conveyor segment is anticipated to witness the fastest growth during the forecast period.

The manufacturing segment is anticipated to dominate the market during the forecast period

Based on end use industry, it is segmented into manufacturing, mining, and others. The manufacturing segment is anticipated to dominate the market during the forecast period. Likewise, the mining segment is anticipated to witness the fastest growth during the forecast period.

The North American region is anticipated to dominate the market during the forecast period

Region-wise, it is studied across North America, Europe, Asia Pacific, and the Rest of the World. The North American region is anticipated to dominate the market during the forecast period. Likewise, the Asia Pacific region is anticipated to witness the fastest growth during the forecast period.

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Competitive Landscape

The key players studied in the report are Regal Beloit Corporation, Renold PLC, Rexnord Industries, LLC, AB SKF, The Timken Company, Tsubakimoto Chain Group, Brammer PLC, John King Chains Ltd., Diamond Chain Company, Inc., Kraftmek Oy, Ramsey Products Corporation and Rambo Chain among others.

Industrial Roller Chain Drives Market Report Coverage

• The report offers a comprehensive quantitative as well as qualitative analysis of the current global Industrial Roller Chain Drives market outlook and estimations from 2022 to 2032, which helps to recognize the prevalent opportunities.
• A thorough analysis of market trends and restraints is provided.
• Region-wise, as well as country-wise conditions, are broadly evaluated in this report.
• The forecasts in this report are made by examining the recent trends along with future Industrial Roller Chain Drives market potential from 2022 to 2032 in terms of revenue.
• Porter’s five forces analysis, SWOT analysis, COVID-19 impact analysis, Russia-Ukraine war impact, and PESTLE analysis of the Industrial Roller Chain Drives market are also analyzed.
• Major players in the market are profiled in this report and their key developmental strategies are studied in detail. This will provide an insight into the competitive landscape of the global Industrial Roller Chain Drives industry.

Global Industrial Roller Chain Drives Market Segmentation

By Type

• Multi Strand Chain
• Others

By Application

• Power Transmission
• Conveyor

By End User Industry

• Manufacturing
• Mining
• Others

By Region

• North America
  • The U.S.
  • Canada
  • Mexico
• Europe
  • The UK
  • Germany
  • France
  • Spain
  • Rest of Europe
• The Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia-Pacific
• Rest of the World
  • Latin America
  • The Middle East
  • Africa

Key Players

• Regal Beloit Corporation
• Renold PLC
• Rexnord Industries, LLC
• AB SKF
• The Timken Company
• Tsubakimoto Chain Group
• Brammer PLC
• John King Chains Ltd.
• Diamond Chain Company, Inc.
• Kraftmek Oy
• Ramsey Products Corporation
• Rambo Chain

Anti-Jamming Equipment Market to Reach US$ 14.0 Bn by 2032, driven by the increase in the number of military attacks in the province: Global Insight Services

New York, January 2023: According to a new research study by Global Insight Services (GIS), the global Anti-Jamming Equipment market is expected to grow rapidly over the next 10 years to reach a value of more than the US $ 14.0 Billion by 2032.

Anti-jamming equipment is used to protect against the intentional interference of electronic signals. This equipment can be used to protect against radio frequency interference (RFI), electromagnetic interference (EMI), or other types of signal interference. There are a variety of anti-jamming technologies that can be used, depending on the type of interference that is being protected against. For example, RFI jamming can be countered with frequency-hopping spread spectrum (FHSS) technology, while EMI jamming can be countered with pulse-code modulation (PCM) or other digital modulation techniques.

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Anti-Jamming Equipment Market: Key Trends and Drivers

Increased demand for GPS technology in military applications is expected to drive the market

The ubiquity of GPS technology and the desire for superior military navigation systems are driving GPS design innovation, which aims to reduce size and weight while improving precision. The notion of GPS is so simple that it is so widely used. Each GPS satellite functions as an incredibly precise clock that communicates the precise time at its position. All other GPS satellites orbital positions are likewise provided by the satellites. The exact distance to the satellite may be determined once the GPS receiver has the satellite location and time. A receiver can determine its own location on the earth surface by comparing the times of at least three satellites.

Anti-Jamming Equipment Market: Restraints & Challenges

Incompatibility of Older GPS Receivers with Newer Technologies and GPS spoofing attacks May Limit the Market Growth

New GPS anti-jamming solutions, such as beamforming technology, are incompatible with older GPS receivers. Based on the direction of the jamming signals, the beamformer recognizes, selects, and downlinks signals from four satellites and gives four anti-jam solutions in the form of algorithms. It can only interface with a normal GPS receiver that has one input and produces four outputs directed at four selected satellites from the GPS receiver. This is one of the factors limiting the Anti-Jamming Market. A GPS spoofing attack is carried out by tricking a GPS receiver by broadcasting erroneous signals that are meant to look like a set of regular GPS signals. It is also possible to accomplish this by rebroadcasting the original signals that were recorded elsewhere or at other times. These signals can be altered to fool the receiver and enable position monitoring. This is expected to hamper the market growth. Bjorn Bergman, a data analyst, identified nine ships sending false GPS signals from Point Reyes, California, just north of San Francisco. In reality, the ships were thousands of kilometres distant in places like the Norwegian Sea, the Eastern Mediterranean, and the Nigerian coast. Bergman reported his findings at the annual meeting of the Resilient Navigation and Timing Foundation on May 5, 2020.

Anti-Jamming Equipment Market Report Findings

https://www.globalinsightservices.com/reports/anti-jamming-equipment-market/

The Nulling Techniques segment is likely to hold a dominant Anti-Jamming Equipment market share and grow at a substantial CAGR during the forecast period.

On the basis of technology, it is segmented into nulling systems, beam steering systems, and civilian systems. The Nulling Techniques segment is expected to grow at the fastest CAGR of 8.4% during the forecast period. The most prevalent Anti-Jamming technology used to combat GPS jamming threats is nulling. Most GPS receivers include an antenna array with a maximum of seven receiving elements organized in a geometrically symmetrical arrangement. When jamming interference is identified, a portion of the pattern is reduced so that noise or jamming signals from a certain direction no longer interfere with the system. The GPS receiver loses its capacity to receive satellite signals for navigation when a nulling pattern is enabled, which is a significant disadvantage of nulling. GPS Anti-Jamming technology is used in Nulling System to protect GPS receivers against intervention and intentional jamming. GPS Anti-Jamming systems use power minimization to limit the effect of interference and jamming on GPS receivers, ensuring proper operation. These devices employ digital filtering technologies to enhance GPS receivers’ capacity to lock or weaken GPS signals produced by external noise interferences from other electrical devices or GPS jammers. In October 2021, Septentrio NV collaborated with ArduSimple. The company integrated its components into ArduSimple’s evaluation kits. These new collaborations make triple-band RTK available as a plug-and-play solution for popular development platforms such as Arduino, STM Nucleo, Raspberry Pi, Ardupilot, and Nvidia Jetson.

The position segment is anticipated to hold a majority of the Anti-Jamming Equipment market size throughout the study period.

By application, the industry is classified into Flight Control, Position, Casualty Evacuation, and Others. Among these position segment accounted for USD xx Million in 2021. The notion of GPS is so simple that it is widely used. Each GPS satellite functions as an incredibly precise clock that communicates the accurate time at its position. All other GPS satellites’ orbital positions are likewise provided by the satellites. The exact distance to the satellite may be determined once the GPS receiver has the satellite’s location and time. A receiver can determine its location on the earth’s surface by comparing the times of at least three satellites. Armed forces worldwide are investing heavily in new aircraft and unmanned aerial vehicles. The bulk of the aircraft uses GNSS (GPS) and TACAN positioning and navigation systems. The modernization of the old fleet of aircraft with new and accurate positioning and navigation systems accounted for the majority of the segment’s revenue. The US Air Force announced that its fighter aircraft will be equipped with next-generation GPS receivers to improve the quality of navigation and positioning measurements.

The Military segment is anticipated to hold a majority of the Anti-Jamming Equipment market size throughout the study period.

By End-User, Anti-Jamming Market has been segmented into Military and Civilian. During the forecast period, the Military segment is expected to grow at the fastest CAGR of 12.6% in the Anti-Jamming Market. In the military, GPS technology is used to run missile systems, unmanned aerial vehicle (UAV) payloads, soldier radios, and other applications, which will increase the demand for anti-jamming technology. The ubiquity of GPS technology, as well as the demand for superior military navigation systems, is pushing GPS design innovation, lowering size and weight while increasing precision. Furthermore, the growing demand for GPS technology, as well as the increased jamming difficulties in airborne and unmanned vehicles, are expected to drive the anti-jamming technology market. The military is increasingly reliant on GPS-enabled technology to accomplish mission-critical activities efficiently.

GPS-enabled devices not only provide tracking and navigation, but also precise digital mapping. GPS systems gather data from GPS satellites and utilize it to determine the geographic location of a device. GPS systems can be utilized for a wide range of functions like target acquisition, search and rescue, command and control, and more. Several countries are developing unmanned vehicles with GPS-enabled devices to do specialized jobs with high efficiency and precision. These unmanned vehicles can withstand hazardous conditions and dangerous chemicals in conflict zones. In November 2021, FlightAware, a digital aviation startup that produces aircraft tracking and data platforms, was bought by Collins Aerospace. Furthermore, the company was chosen in October 2020 to deliver anti-jam technology for manned and unmanned ground vehicles.. This will help to boost the growth of the military end-user segment and eventually help to boost the Anti-Jamming Market growth.

The Asia Pacific region is estimated to exhibit the highest growth rate during the Anti-Jamming Equipment market forecast period.

Region-wise, it is studied across North America, Europe, Asia Pacific, and the Rest of the World. The Asia Pacific is home to some of the growing economies, and it is also a technologically advanced economy. Moreover, the regional tensions among various nations that boast some of the largest defense budgets are driving the demand for anti-jamming equipment in the region. China and India lead the region’s military spending. China will have high growth during the forecast period due to an increase in the number of military attacks in the province, which has led to countries improving their surveillance and other capabilities. The high military or defense expenditure will help the country build its boundaries to strengthen the anti-jamming equipment capabilities. Furthermore, in the case of COVID-19, APAC has been highly affected, especially in China. APAC region is one of the crucial regions for the future growth of the anti-jamming equipment market, owing to the presence of many developing countries, positive economic outlook, high industrial existence, and favorable government policies. The lockdown of various plants and factories in China affects the global supply chains. It negatively impacts manufacturing, delivery schedules, consumption, and sales of multiple products and services in the region.

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Competitive Landscape

The key players in the Anti-Jamming Equipment market  are as Novatel Inc., Cobham Plc, BAE Systems Plc, Thales Group, Harris Corporation, The Boeing, InfiniDome Ltd., The Raytheon Company, U-blox Holding AG, and Furuno Electric Co. Ltd.. among others.

Recent Developments in the Anti-Jamming Equipment Market:

• In November 2021, Collins Aerospace acquired FlightAware, a digital aviation company that operates flight tracking and data platforms. Moreover, in October 2020, the company was selected to provide anti-jam technology for manned and unmanned ground vehicles to combat.
• In October 2021, Septentrio NV partnered with ArduSimple. The company integrated its modules into evaluation kits developed by ArduSimple. These new partnerships bring triple-band RTK as a plug-and-play solution for the most popular development platforms like Arduino, STM Nucleo, Raspberry Pi, Ardupilot, and Nvidia Jetson.

Anti-Jamming Equipment Market Report Coverage

• The report offers a comprehensive quantitative as well as qualitative analysis of the current global Anti-Jamming Equipment market outlook and estimations from 2021 to 2031, which helps to recognize the prevalent opportunities.
• A thorough analysis of market trends and restraints is provided.
• Region-wise, as well as country-wise conditions, are broadly evaluated in this report.
• The forecasts in this report are made by examining the recent trends along with future Anti-Jamming Equipment market potential from 2021 to 2031 in terms of revenue.
• Porter’s five forces analysis, SWOT analysis, COVID-19 impact analysis, Russia-Ukraine war impact, and PESTLE analysis of the Anti-Jamming Equipment market are also analyzed.
• Major players in the market are profiled in this report and their key developmental strategies are studied in detail. This will provide an insight into the competitive landscape of the global kidney stones management market.

Global Anti-Jamming Equipment Market Segmentation

By Technology

• Nulling Systems
• Beam Steering Systems
• Civilian Systems

By Application

Flight Control

• Position
• Casualty Evacuation
• Others

By End-user

• Military
• Civilian

By Region

• North America
  • The U.S.
  • Canada
  • Mexico
• Europe
  • UK
  • Germany
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia-Pacific
• Rest of World
  • Latin America
  • Middle East
  • Africa

Key Players

• Novatel Inc
• Cobham Plc
• BAE Systems Plc
• Thales Group
• Harris Corporation
• The Boeing
• InfiniDome Ltd
• The Raytheon Company
• U-blox Holding AG
• Furuno Electric Co. Ltd.

Electric Forklift Market to Reach US$ 206.3 Bn by 2032, driven by burgeoning global e-commerce sector and changes in warehouse management over the past few years have increased demand for forklifts to handle heavy loads and maneuver through tight space.: Global Insight Services

New York, January 2023: According to a new research study by Global Insight Services (GIS), the global Electric Forklift Market is expected to grow rapidly over the next 10 years to reach a value of more than the US 206.3 Billion by 2032.

An electric forklift is a material handling device that can be used for a variety of purposes, including lifting and transporting heavy loads. Electric forklifts are powered by batteries, which makes them environmentally friendly and quiet to operate. Electric forklifts are available in a variety of sizes and configurations to meet the needs of different applications.

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Electric Forklift Market: Key Trends and Drivers

Rapid expansion in the logistics sector will fuel the demand for advanced material-handling equipment. The world has witnessed a significant rise in domestic and international trade lately. Since countries are relying heavily on industrial and manufacturing sectors for economic growth, the application scope of electric equipment could surge in the logistics sector. Large logistic companies are heavily investing in infrastructure development to improve the packing, storage, and delivery of goods. For instance, in March 2021, XPO Logistics, a global leader in freight transportation partnered with Balyo to integrate the latter’s autonomous lift trucks. The partnership aimed at determining the environmental impact of the equipment as a part of the pilot program initiated by XPO Logistics..

Electric Forklift Market: Restraints & Challenges

The key restraints and challenges in the electric forklift market are the lack of standardization and the lack of infrastructure. There is no standardization in the electric forklift market, which makes it difficult for manufacturers to produce electric forklifts that are compatible with each other. This lack of standardization also makes it difficult for customers to purchase electric forklifts that are compatible with their existing equipment. The lack of infrastructure is another key challenge in the electric forklift market. There is a lack of charging infrastructure, which makes it difficult for electric forklifts to be used in areas where there is no electricity.

Electric Forklift Market Report Findings

https://www.globalinsightservices.com/reports/electric-forklift-market/

The counterbalanced segment is likely to hold a dominant Electric Forklift Market share and grow at a substantial CAGR during the forecast period.

Based on type, the market is segmented as counterbalanced, ride-type warehouse, and walk-in warehouse. The counterbalanced segment accounted for the largest revenue share in 2022.. The equipment is widely used across rack storage applications owing to intuitive operator controls and precise maneuverability, which helps prevent accidents in the aisle. Many industry players have introduced electric counterbalance lift trucks. For instance, in January 2022, Toyota Material Handling UK introduced its new series of Traigo80 80-volt electric counterbalance forklifts manufactured for indoor as well as heavy-duty outdoor applications. Manufacturers are offering customers the option to choose from lead-acid, lithium-ion, and fuel cells based on their power requirements

The warehouse segment is anticipated to hold a majority of the Electric Forklift Market size throughout the study period.

Based on application, the market is segmented as warehouses, factories, distribution centers, and others. The warehouse segment accounted for the largest revenue share in 2022. Chemical companies follow strict safety measures such as using proper machinery and equipment to protect workers while handling large volumes of hazardous chemicals. Electric lift trucks allow chemical warehouses to transport and store harmful chemicals more efficiently, minimizing the risk of spillage and contact. The need for advanced material handling solutions to prevent the risk of exposure to radioactive materials will drive the segment growth.

The Asia-Pacific region is estimated to exhibit the highest growth rate during the Electric Forklift Market forecast period.

In terms of region, the global electric forklifts market can be divided into North America, Europe, Asia Pacific, Middle & East Africa, and South America. The Asia Pacific region is expected to dominate the global electric forklifts market due to a number of developing countries which are experiencing rapid growth and expansion in the industrial sector with rapid developments in automotive, shipping, construction industries, etc. Forklifts are mostly used in automotive, shipping, and construction industries and rapid growth of these industries is expected to drive the demand for electric forklifts in this region.

Furthermore, Europe is expected to hold significant share in the global electric forklifts market during the forecast period. Europe has several developed automotive manufacturers such as Volkswagen group, BMW group, Ford, and Toyota that use electric forklifts to carry heavy vehicles parts in factories. This will help to increase the demand for electric forklifts in the Europe market.

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Competitive Landscape

The key players in the market are Toyota, Kion, Jungheinrich, Mitsubishi Logisnext, Hyster-Yale, Crown Equipment, Anhui Heli, Hangcha, Clark Material Handling, and Komatsu, among others.

Recent Developments in the Electric Forklift Market:

• In July 2022, Toyota Material Handling (TMH) announced the acquisition of PennWest Toyota Lift, a forklift dealership based in Pennsylvania with locations in Mount Pleasant, Pittsburgh, and Erie. The Hoist Liftruck series of container handlers, marina trucks, and FLTs are owned by TMH in the US. TMH also sells a variety of medium and heavy forklifts.
• In January 2022, Toyota Material Handling announced the release of 22 new electric forklifts as part of the company’s growing portfolio of world-class material handling products and solutions.
• In April 2021, Godrej Material Handling launches the productivity-boosting and environment-friendly new Uno Electric Forklifts to strengthen its presence
• In April 2020, Godrej Material Handling, a business unit of Godrej & Boyce Mfg. Co. Ltd., has announced its foray into the 3-wheel electric forklift truck segment.

Electric Forklift Market Report Coverage

• The report offers a comprehensive quantitative as well as qualitative analysis of the current global Electric Forklift Market outlook and estimations from 2021 to 2031, which helps to recognize the prevalent opportunities.
• A thorough analysis of market trends and restraints is provided.
• Region-wise, as well as country-wise conditions, are broadly evaluated in this report.
• The forecasts in this report are made by examining the recent trends along with future Electric Forklift Market potential from 2021 to 2031 in terms of revenue.
• Porter’s five forces analysis, SWOT analysis, COVID-19 impact analysis, Russia-Ukraine war impact, and PESTLE analysis of the Electric Forklift Market are also analyzed.
• Major players in the market are profiled in this report and their key developmental strategies are studied in detail. This will provide an insight into the competitive landscape of the global surface disinfectants industry.

Global Electric Forklift Market Segmentation

By Type

• Counterbalanced
• Ride-Type Warehouse
• Walk-in Warehouse

By Application

• Warehouses
• Factories
• Distribution Centers
• Others

By Region

• North America
  • The U.S.
  • Canada
  • Mexico
• Europe
  • UK
  • Germany
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia-Pacific
• Rest of World
  • Latin America
  • Middle East
  • Africa

Key Players

• Toyota
• Kion
• Jungheinrich
• Mitsubishi Logisnext
• Hyster-Yale
• Crown Equipment
• Anhui Heli
• Hangcha
• Clark Material Handling
• Komatsu

Space Tourism Market to Reach US$ 12.0 Bn by 2032, driven by Major players are spending heavily on R&D activities to integrate advanced technologies in spacecraft used for tourism and deploying space hotels: Global Insight Services

New York, January 2023: According to a new research study by Global Insight Services (GIS), the global Space Tourism Market is expected to grow rapidly over the next 10 years to reach a value of more than the US $ 12.0 Billion by 2032.

Space tourism is the practice of traveling to and staying in space for leisure purposes. The term generally refers to space travel for private individuals, rather than professional astronauts or trained cosmonauts. Space tourism is a relatively new concept, and it is still in the early stages of development. There are a limited number of companies offering space tourism services, and the industry is still working to develop the infrastructure and technology needed to make space travel more accessible and safe for the general public.

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Space Tourism Market: Key Trends and Drivers

Increase in Technological Advancements in the Space Tourism Market to Drive the Market Growth

Space Tourism Market lets travelers travel in and across the Earth’s orbit for leisure, recreation, or significant business purposes. In addition, it will probably make travel accessible to the lay and the non-astronaut populace during the forecast period. Furthermore, the technological innovations and the users’ preference for space adventures are intensifying at a remarkable growth pace in the future. Therefore, the growth in the Global Space Tourism Market can be attributable to the surge in technological advancements. Moreover, the High Net Worth of Income individuals toward spaceflight and the growth in the inclination of adventure travelers are propelling the growth of the Space Tourism Market. Besides, the augmented focus on research and development activities by government and private research organizations are other vital aspects expected to drive market expansion. The market is strengthening, with vital players dominating and capturing a significant market share. These market players are also planning on R&D to build orbital and suborbital vehicles to travel to space during the forecast period. Also, these players have been investing a considerable number, which will observe rapid growth in the future.

Space Tourism Market: Restraints & Challenges

The key restraints and challenges in space tourism market are as follows:

High cost: One of the major restraints for space tourism is the high cost associated with it. The cost of launching a single person into space can range from $10,000 to $40,000. This high cost limits the number of people who can afford to experience space tourism.

Safety concerns: Another key restraint for space tourism is safety concerns. There have been a number of accidents involving space tourism vehicles, which has raised concerns about the safety of space tourism.

Lack of infrastructure: A lack of infrastructure is another challenge facing the space tourism industry. There are currently no space tourism facilities on Earth, which means that space tourists have to travel to remote locations to experience space tourism. These are the key restraints and challenges facing the space tourism industry.

Space Tourism Market Report Findings

https://www.globalinsightservices.com/reports/space-tourism-market/

The suborbital segment is likely to hold a dominant Space Tourism Market share and grow at a substantial CAGR during the forecast period.

In terms of type, the market is classified into orbital, sub-orbital, and others. The sub-orbital segment dominated the overall market, gaining a largest market share in 2022. Suborbital tourism allows individuals to experience weightlessness and observe space without actually exiting the Earth’s orbit. This enables human spaceflight to reach the edge of space without sending the vehicle into orbit. The orbital and suborbital flights are distinguished based on the vehicle’s speed. A suborbital flight is operated at lower speeds than an orbital flight. Hence, these flights do not have sufficient acceleration to reach orbit. These flights fly up to a certain height and descend to the ground when the engines shut down. Companies are focusing more on commencing suborbital flights as they can reuse the rockets, thus saving on their manufacturing costs.

The orbital segment is anticipated to witness the fastest CAGR throughout the forecast period. Orbital flights can last for a few days or several weeks, depending upon the destination, such as the International Space Station (ISS), the moon, or Mars. Companies, including Virgin Galactic and Blue Origin, primarily focus on launching suborbital flights, whereas SpaceX and Orion Span aims for orbital flights. For instance, Orion Span, a U.S.-based space travel company, is planning on deploying a private commercial space station that is expected to function as a space hotel. The Aurora Space Station will be placed in Low Earth Orbit (LEO) and will host up to six tourists at once..

The commercial space tourism segment is anticipated to hold a majority of the Space Tourism Market size throughout the study period.

Based on end-user, the market is segmented as Government, Commercial Institutions, and Others. The commercial space tourism market is expected to dominate in 2022. In 2021, there were thirteen commercial spaceflight missions undertaken by several private and government organizations, of which seven missions were executed successfully. Billionaires have invested considerable sums in traveling to space and witnessing the Earth from above. Virgin Galactic, Blue Origin, SpaceX, and NASA have undertaken spaceflight missions to transport non-astronaut individuals across space and bring them back to Earth after a certain period. These explorations have achieved several milestones, including the first feature film shot in space and the oldest person to go to space.

The government segment is anticipated to grow at a considerable CAGR throughout the forecast period. Space agencies and global government organizations have sent astronauts into space, and NASA has opened the ISS for non-astronauts. NASA has entered into a three-way partnership with Axiom and SpaceX to commercialize space tourism in Low Earth Orbit. For instance, in April 2022, NASA, Axiom, and SpaceX launched three civilians and a former NASA astronaut to the ISS in a SpaceX Dragon spacecraft. The week-long travel has cost USD 55 million each, and these individuals have conducted scientific research, outreach, and commercial activities.

The North America region is estimated to exhibit the highest growth rate during the Space Tourism Market forecast period.

Region-wise, it is studied across North America, Europe, Asia Pacific, and the Rest of the World. In 2022, In 2022, the North America region led the Space Tourism market by generating the largest revenue share. The region is equipped with a highly developed infrastructure and owns an extensive research and development base, allowing the region to be the top revenue contributor in the worldwide market during the projected period. A well-established infrastructure has allowed the speedier implementation of modern technologies.

The significant presence of small and medium players in North America, which offer components and services to the giants such as SpaceX, Blue Origin, and Virgin Galactic, has also propelled the market growth. The U.S. is expected to retain its dominance over the forecast period owing to the inclination of high-net-worth individuals towards space tourism and growing technological investments in the region.

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Competitive Landscape

The key players in the market are Airbus Group SE, Boeing Company, Excalibur Almaz Limited, Space Adventures, Inc., Space Island Group, Spacex, Virgin Galactic, LLC, Zero 2 Infinity S.L., EADS Astrium, and Starchaser Industries, among others.

Recent Developments in the Space Tourism Market:

• In April 2022, NASA, Axiom, and SpaceX launched three civilians and a former NASA astronaut to the ISS in a SpaceX Dragon spacecraft. The week-long travel has cost USD 55 million each, and these individuals have conducted scientific research, outreach, and commercial activities.
• In March 2022, Blue Origin launched its suborbital vehicle, New Shepard, on its first flight of the year, which carried six people on a short-term trip to space and back. The launch was deferred for nearly one hour by several countdown holds, including one that continued for more than 45 minutes.
• In January 2021, Glavkosmos, Roscosmos’ commercial arm, announced that it would sell four seats on the Soyuz MS spacecraft, with launches scheduled for 2022 and 2023, respectively.
• In November 2020, SpaceX launched non-astronauts to the International Space Station (ISS), which marked a new era of space exploration.
• In May 2020, U.S. based SpaceX sent two people into orbit, reusing the Falcon 9 rocket that had delivered the crew into orbit. This is an amazing technological breakthrough for the company, as rocket reuse results in significant cost savings for space exploration.

Space Tourism Market Report Coverage

• The report offers a comprehensive quantitative as well as qualitative analysis of the current global Space Tourism Market outlook and estimations from 2021 to 2031, which helps to recognize the prevalent opportunities.
• A thorough analysis of market trends and restraints is provided.
• Region-wise, as well as country-wise conditions, are broadly evaluated in this report.
• The forecasts in this report are made by examining the recent trends along with future Space Tourism Market potential from 2021 to 2031 in terms of revenue.
• Porter’s five forces analysis, SWOT analysis, COVID-19 impact analysis, Russia-Ukraine war impact, and PESTLE analysis of the Space Tourism Market are also analyzed.
• Major players in the market are profiled in this report and their key developmental strategies are studied in detail. This will provide an insight into the competitive landscape of the global surface disinfectants industry.

Global Space Tourism Market Segmentation

By Type

• Orbital
• Sub-Orbital
• Others

By End-user

• Government
• Commercial Institutions
• Others

By Region

• North America
  • The U.S.
  • Canada
  • Mexico
• Europe
  • UK
  • Germany
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia-Pacific
• Rest of World
  • Latin America
  • Middle East
  • Africa

Key Players

• Airbus Group SE
• Boeing Company
• Excalibur Almaz, Limited
• Space Adventures, Inc.
• Space Island Group
• Spacex
• Virgin Galactic, LLC
• Zero 2 Infinity S.L.
• EADS Astrium
• Starchaser Industries

Agricultural Drones Market to Reach US$ 2.1 Bn by 2031, driven by the The growing adoption of precision farm techniques to make better agronomic decisions and increasing pressure on global food supply: Global Insight Services

New York, December 2022: According to a new research study by Global Insight Services (GIS), the global Agricultural Drones market is expected to grow rapidly over the next 10 years to reach a value of more than the US $ 2.1 Billion by 2031.

A drone is an unmanned aircraft that can be controlled remotely or by an onboard computer. Agricultural drones are a type of drone that is used for agricultural purposes, such as crop mapping, crop spraying, and crop monitoring. Drones can be used to map crops and track their growth. This information can be used to optimize irrigation and fertilizer use. Drones can also be used to spray crops with pesticides or herbicides. This can help save time and money by reducing the need for manual labor. Drones can also be used to monitor crops for signs of pests or disease. This information can be used to take corrective action to prevent crop loss. Agricultural drones offer many potential benefits to farmers. They can help save time and money while improving crop yields.

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Agricultural Drones Market: Key Trends and Drivers

The agriculture sector is focused on developing nowadays by using more sophisticated and technologically advanced machinery. The agricultural drone is an autonomous flying cart with the ability to monitor crop development and increase crop yield. Smart sensors and digital imaging capabilities included in the cutting-edge equipment let farmers monitor their fields from a higher vantage point and avoid complications like fungal and insect infestations, irrigation problems, soil changes, and other challenges. Due to the development of sophisticated software solutions for data analytics and field service, favorable government policies and incentives to promote the agricultural sectors, and rising consumer awareness of the advantages of agricultural drones, the market for agricultural drones is anticipated to grow at a significant CAGR over the forecast period.

Agricultural Drones Market: Restraints & Challenges

The lack of skilled agricultural laborers or farmers, a lack of fertilizers, extreme weather conditions and their ineffective use, illnesses, infections, allergies, and other health issues brought on by the use of chemicals such as pesticides, insecticides, fungicides, or animal/insect stings have all been issues that the agricultural industry has faced. Due to farmers’ lack of expertise, drone manufacturers find it challenging to contact their potential clients. Additionally, because people lack the skills to use the tools (software programs) that assess and improve efficiency, they find it undesirable to purchase agriculture drones, which hinders the market’s growth. Another reason that is impeding market expansion is cyber security worries; if these are resolved, the industry may increase in the near future.

Agricultural Drones Market Report Findings

https://www.globalinsightservices.com/reports/agricultural-drones-market/

The hardware segment is likely to hold a dominant Agricultural Drones Market share and grow at a substantial CAGR during the forecast period.

Based on product, the market is segmented as hardware, and software. The hardware segment is anticipated to have the greatest market share for farm drones in 2021. The expansion of this market is being driven by an increasing requirement for replacement, upgrade, and modification in drone hardware components to extend drone lifespan and performance as well as to gain a competitive advantage. The firms’ increasing focus on modifying and creating drone structures to make them operate in any harsh climatic circumstances is also contributing to the expansion of this market. However, due to developing software technology and the rising software need for improved data analysis in precision agriculture, the software sector is anticipated to grow at the quickest CAGR throughout the projected period.

The crop scouting segment is anticipated to hold a majority of the Agricultural Drones Market size throughout the study period.

Based on application, the market is segmented as field mapping, precision agriculture, crop scouting, irrigation, smart greenhouse, and others. The crop scouting applications are forecast to have significant growth prospects owing to utilization in reducing the fertilizer and pesticide wastage, further increasing the crop yields. Favorable government initiatives in the agricultural sector is expected to be the key growth factors in the Europe agricultural drones market size. Venture capitalists are investing in unmanned aerial vehicle startups which will yield significant return to the investors. Companies such as Syngenta, Mitsui and Monsanto backed startups for improving crop spraying, harvesting and irrigation. DJI elevated USD 75 million during its first drone launch for the agricultural space.

The Asia-Pacific region is estimated to exhibit the highest growth rate during the Agricultural Drones Market forecast period.

Region-wise, it is studied across North America, Europe, Asia Pacific, and the Rest of the World. In 2021, the Asia Pacific agriculture drone-based market is expected to witness significant growth over the forecast period. Countries in the region are constantly increasing investments in R&D, to enhance the adoption of agriculture drones. Furthermore, the increasing venture funding, rendered to the UAV manufacturers in the region, has also contributed to the industry development. Various companies in the region are developing economical and efficient UAVs for broader applications in the agriculture fields. The North American region dominates the global agriculture drone market. Increasing trend of implementing the UAVs from mowing to plowing for enhanced productivity is expected to influence the industry growth. Furthermore, growing awareness for precision agriculture for field mapping, crop scouting has also led the farmers to implement UAVs in farming.

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Competitive Landscape

The key players in the market are AeroVironment, Inc., AgEagle Aerial Systems, Inc, America Robotics, DJI, Israel Aerospace Industries, Microdrones, Parrot Drones, PrecisionHawk, Trimble Inc., and Yamaha Motor Corp., among others.

.Recent Developments in the Agricultural Drones Market:

• In May 2022, Adani Defence & Aerospace has entered into agreements for acquiring 50 per cent equity stake in agricultural drone startup General Aeronautics.
• In February 2022, Prime Minister Narendra Modi in India virtually launched 100 Made in India agricultural drones across the country, which carried out farm operations in unique simultaneous flights.
• In November 2021, DJI, a top producer of agricultural drones, announced the release of two new products, the T40 and T20P, which are designed specifically for agricultural tasks like applying pesticides and fertilizer to fruit plants.
• In March 2021, Farmonaut, an Indian start-up that provides satellite-based crop health monitoring, announced its partnership with GarudaUAV, a renowned Indian drone services organization, to promote the drone-based remote sensing technologies for farming and educate the farmers in India.
• In February 2021, DroneDeploy declared their partnership with Corteva Agriscience to produce year-round enhanced farming conclusions through its agricultural drone fleets across the globe for accuracy farming applications.
• In January 2021, AgEagle Aerial Systems Inc., a US-based manufacturer of drones, announced the purchase of MicaSense, Inc. from Parrot, a European consortium of drone manufacturers, for more than USD 23 million.

Agricultural Drones Market Report Coverage

• The report offers a comprehensive quantitative as well as qualitative analysis of the current global Agricultural Drones Market outlook and estimations from 2021 to 2031, which helps to recognize the prevalent opportunities.
• A thorough analysis of market trends and restraints is provided.
• Region-wise, as well as country-wise conditions, are broadly evaluated in this report.
• The forecasts in this report are made by examining the recent trends along with future Agricultural Drones Market potential from 2021 to 2031 in terms of revenue.
• Porter’s five forces analysis, SWOT analysis, COVID-19 impact analysis, Russia-Ukraine war impact, and PESTLE analysis of the Agricultural Drones Market are also analyzed.
• Major players in the market are profiled in this report and their key developmental strategies are studied in detail. This will provide an insight into the competitive landscape of the global surface disinfectants industry.

Global Agricultural Drones Market Segmentation

By Product

• Hardware
• Software

By Application

• Field mapping
• Precision Agriculture
• Crop Scouting
• Irrigation
• Smart Greenhouse
• Others

By Region

• North America
  • The U.S.
  • Canada
  • Mexico
• Europe
  • UK
  • Germany
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia-Pacific
• Rest of World
  • Latin America
  • Middle East
  • Africa

Key Players

• AeroVironment, Inc.
• AgEagle Aerial Systems, Inc.
• America Robotics
• DJI
• Israel Aerospace Industries
• Microdrones
• Parrot Drones
• PrecisionHawk
• Trimble Inc.
• Yamaha Motor Corp.

Global Vacuum Bearing Market to reach US$ 19.3 BN by 2031, driven by the rising bearing application and increased public awareness and demand for EVs: Global Insight Services

New York, November 2022: According to a new research study by Global Insight Services (GIS), the vacuum bearing market is expected to grow rapidly over the next 10 years to reach a value of more than US$ 19.3 billion by 2031.

Vacuum bearings are used in extreme conditions such as corrosive, clean, and high-temperature settings. To avoid difficulties, bearing materials and lubricants must be carefully selected. Vacuum bearings are used in a variety of industries, including automobiles, construction, mining gear, wind turbines, aerospace equipment, and machine tools. They are used in automobiles to ensure the smooth operation of cars and electric vehicles, as well as other types of vehicles such as light commercial vehicles and heavy commercial vehicles, such as trucks, lorry, lift trucks, tractors and others.

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Global Vacuum Bearing Market: Market Drivers and Trends

The rising bearing application to create growth opportunities for vacuum bearing manufacturing companies. The railway industry places a greater emphasis on lowering costs and extending the life of tracks. Bearings are used in railway gearboxes to absorb the shocks and vibrations induced by the traction motor and wheels driving on rails. As a result, harsh operating conditions increase engine downtime and, as a result, the requirement for repair. Bearing technological advancements have increased their need in the railway industry. Tapered roller bearings, for example, support pinion shafts, which require frequent adjustments and skilled maintenance to decrease maintenance costs. Furthermore, increased public awareness and demand for EVs have boosted the usage of bearings in EVs. Bearings are designed to work in low-lubrication environments. A reduced bearing size has increased the overall efficiency of the gearbox, boosting the driving range of EVs. Rolling bearings are frequently utilized in rolling mills that are built to withstand harsh operating conditions. Bearings used in rolling mills may therefore support flaking processes, have a high load capacity, and extend the shelf life of rolling mills.

Global Vacuum Bearing Market: Market Restraints and Challenges

Raw material price fluctuations and expensive maintenance expenses are hindering expansion of the vacuum bearings market. The cost of raw materials remains primary concern for manufacturers. The raw material price of the automotive bearing is unstable as per the economic conditions. Such price volatilities of raw materials is becoming a real deal for companies to remain competitive. Since, high grade steel and alloy steel are the primary raw materials (metals) used for manufacturing bearings, bearing price is highly correlated with the steel price. In addition, bearings need regular maintenance to avoid failures and sustaining lifespans, which further increases maintenance costs.

Global Vacuum Bearing Market Report Findings

https://www.globalinsightservices.com/reports/vacuum-bearing-market/

The cylindrical roller bearings segment is likely to hold the major share of the market in 2021

Based on type, it is segmented into cylindrical roller bearings, tapered roller bearings, spherical roller bearings, thrust roller bearings, and needle roller bearings. The cylindrical roller bearings segment is expected to be the largest segment in the Vacuum Bearing Market in 2021. Furthermore, the use of cylindrical roller bearings is increasing in variety of industries, including the automotive industry in some transmission applications and the renewable sector for wind turbines, pumps, and compressors. Heavy duty material handling, heavy equipment and machinery, and industrial applications such as rolling mills are also common.

The aerospace & defence segment is likely to hold the major share of the market in 2021

Based on application, the market is segmented into automotive, manufacturing & construction, energy & power, mining, and aerospace & defense. Due to the rising fleet of commercial and combat aircraft to drive the aerospace bearings and the defence sector’s steady expansion, increasing the delivery of military aircrafts, vacuum bearings application is developing significantly in the aerospace & defence segment. Furthermore, increased passenger travel has raised demand for new aircraft for both long-haul and short-haul flights. This segment will benefit throughout the projection period.

The others segment is likely to hold the major share of the market in 2021

Based on material, the vacuum bearing market is segmented into silicon, stainless steel, hybrid, and others. Aluminum alloy bearings are in high demand due to their wide range of applications, including steel-backed and solid aluminum bearings. These bearings are used in internal combustion engines and industrial compressors as connecting rods and main bearings. Other heavy tooling uses for aluminum bearings include boring mills, presses, lathes, milling machines, grinding mills, and hydraulic pump bushings.

The Asia Pacific region is accounted for the majority of market share in 2021

Region-wise, it is studied across North America, Europe, Asia Pacific, and the Rest of the World. The Asia Pacific vacuum bearing market is expanding due to expanding of construction industry in this region. Increased expenditure on affordable home development is predicted to stimulate the construction sector. Several governments, like those in Indonesia and India, are actively giving subsidies for land and construction expenditure. In India, for example, the government launched the Housing for All initiative in 2022, which is predicted to expand the country’s low-cost residential building sector during the period. Furthermore, the Indian government has agreed to grant interest subsidies of 3% and 4% for loans up to US$ 18,000 and US$ 13,500 to the poorer areas of the society for the purchase and construction of homes under the Pradhan Mantri Awas Yojana.

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Competitive Landscape

The key players studied in the global vacuum bearing market are HepcoMotion (UK), NSK Ltd. (Japan), The Timken Company (US), Bunting Bearings, LLC (US), TPA Motion, LLC (US), GMN Paul Müller Industrie GmbH & Co. KG (Germany), Unasis (England), SKF (Sweden), Schaeffler Technologies AG & Co. KG (Germany), and JTEKT Europe Bearings B.V. (Netherlands).

Global Vacuum Bearing Market: Recent Developments

• April 2022, Schaeffler announced a 12-year agreement with Rolls Royce. Schaeffler is providing assistance for Rolls-Royce via utilizing cutting-edge production technologies and manufacturing resources. The primary purpose of the contract is to design and manufacture engine rolling bearing systems for the wide body and business jet markets. Rolls-Royce and Schaeffler have been working together for almost 40 years.
• January 2022, Hepcomotion announced the opening of a new Stockholding Factory in the Netherlands. This new factory is a substantial investment for HepcoMotion, and it will help to accelerate and simplify product distribution to European customers. The new building has already been inaugurated in January and take over the import of all goods produced by HepcoMotion in the UK for distribution throughout Europe.

Global Vacuum Bearing Market Report Coverage

• The report offers a comprehensive quantitative as well as qualitative analysis of the current global vacuum bearing market outlook and estimations from 2021 to 2031, which helps to recognize the prevalent opportunities.
• A thorough analysis of market trends and restraints is provided.
• Region-wise, as well as country-wise conditions, are broadly evaluated in this report.
• The forecasts in this report are made by examining the recent trends along with future global vacuum bearing market potential from 2021 to 2031 in terms of revenue.
• Porter’s five forces analysis, SWOT analysis, COVID-19 impact analysis, Russia-Ukraine war impact, and PESTLE analysis of the global vacuum bearing market are also analyzed.
• Major players in the market are profiled in this report and their key developmental strategies are studied in detail. This will provide an insight into the competitive landscape of the global vacuum bearing industry.

Global Vacuum Bearing Market Segmentation

By Type

• Cylindrical Roller bearings
• Tapered Roller Bearings
• Spherical Roller Bearings
• Thrust Roller Bearings
• Needle Roller Bearings

By Material

• Silicon
• Stainless Steel
• Hybrid
• Others

By Application

• Automotive
• Manufacturing & Construction
• Energy & Power
• Mining
• Aerospace & Defense

By Region

• North America
  • The U.S.
  • Canada
  • Mexico
• Europe
  • UK
  • Germany
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia-Pacific
• Rest of the World
  • Latin America
  • Middle East
  • Africa

Key Players

• HepcoMotion (UK)
• NSK Ltd. (Japan)
• The Timken Company (US)
• Bunting Bearings, LLC (US)
• TPA Motion, LLC (US)
• GMN Paul Müller Industrie GmbH & Co. KG (Germany)
• Unasis (England)
• SKF (Sweden)
• Schaeffler Technologies AG & Co. KG (Germany)
• JTEKT Europe Bearings B.V. (Netherlands)

Global Wind Tunnel Market to Reach US$ 4.2 BN by 2031, driven by the Rising Demand for Wind Tunnels in Aerospace and Military: Global Insight Services

New York, November 2022: According to a new research study by Global Insight Services (GIS), the wind tunnel market is expected to grow rapidly over the next 10 years to reach a value of more than US$ 4.2 billion by 2031.

Wind tunnels are enormous air-filled tubes that are used to simulate the interaction of air with an object flying through the air or moving along the ground. Wind tunnels are used by researchers to understand more about how an aircraft will fly. Wind tunnels are used by NASA to test scale models of aircraft and spacecraft. Some wind tunnels are large enough to house full-scale vehicle replicas. The wind tunnel moves air around an object to make it appear to be flying. Wind tunnels evolved alongside the development of the airplane. During WWII, large wind tunnels were constructed. During the Cold War, wind tunnel testing was regarded as critical to the development of supersonic aircraft and weapons.

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Global Wind Tunnel Market: Market Drivers and Trends

Rising demand for wind tunnels in aerospace and military is projected to have a long-term impact on the industry. As these aircrafts are typically bare in severe weather, wind tunnels are frequently utilized for testing aircraft in the aerospace and defense application market. This, in turn, is predicted to increase the growth of the wind tunnel market between 2022 and 2031.

Furthermore, rising demand for unmanned aerial vehicles (UAVs) from the military and commercial sectors, as well as the construction of next generation high-speed aircraft, missiles, and railways, are likely to drive the global wind tunnel market forward.

Global Wind Tunnel Market: Market Restraints and Challenges

One of the negative elements limiting market growth is the high cost of wind tunnel installation and maintenance. Another hurdle that could stymie the global wind tunnel market’s growth is the usage of computational fluid dynamics (CFD) testing as a replacement for wind tunnel testing which is cheaper and quicker. While CFD may resolve turbulence, it does so in an abstract manner, whereas wind tunnels can directly resolve unstable gusts and eddies. As a result, CFD study often focuses on average hourly or 10-minute wind speeds rather than peak gust circumstances. These are the key restraints for the wind tunnel market.

Global Wind Tunnel Market Report Findings

https://www.globalinsightservices.com/reports/wind-tunnel-market/

The horizontal segment is likely to hold the major share of the market in 2021

Based on alignment, the wind tunnel market is bifurcated into horizontal & vertical. The horizontal segment led the market in 2021 and is expected to continue to dominate over the forecast period. Horizontal wind tunnels include aeroacoustics, aerodynamic, and climatic wind tunnels used in a variety of industries including aerospace and defense, racing championships, transportation, and building construction and wind energy. These products comprises of larger share in terms of revenue and quantity. So, it can be said that horizontal segment is going to dominate the market during the forecast period.

The subsonic segment is likely to hold the major share of the market in 2021

Based on airspeed type, the wind tunnel market is segmented into supersonic, subsonic, transonic and hypersonic. The subsonic segment maintained its dominance in 2021 and is likely to continue to lead the market during the forecast period. The demand for commercial airplane and automotive testing services is driving this industry. Subsonic wind tunnels are also used for aerodynamic testing in racing championships. The reason for this is that they reduce velocity while increasing pressure, which is required for usage in heavy equipment and applications.

The aerospace & defense segment is likely to hold the major share of the market in 2021

Based on application, the wind tunnel market is segmented into aerospace & defense, adventure sports, automotive and transportation. Aerospace and Defense application segment dominated the market in 2021, and this trend is projected to continue over the forecast period. The increased use of wind tunnels for testing aircraft used for aerospace and defense applications, as these aircraft are often subject to extreme environmental conditions, can be attributed to the segment’s expansion.

The Asia Pacific region is accounted for the majority of market share in 2021

Region-wise, it is studied across North America, Europe, Asia Pacific, and the Rest of the World. Asia Pacific led the global market in 2021 and is expected to do so throughout the projected period. Countries such as China, India, Japan, South Korea, Taiwan, and Australia are the region’s growth engines, investing heavily in indigenous development projects to engineer various sorts of new and novel aircraft for commercial and defense applications, as well as the improvement of electric automobile vehicles. China has significantly increased its spending on the development of new and innovative systems for the aerospace and defense industries, as well as the automotive industry. This, in turn, is expected to fuel the region’s expanding demand for wind tunnels and wind tunnel testing services. Furthermore, countries such as Japan, India, and South Korea are investing considerably in the development of rail, automotive, and maritime infrastructure, all of which are in high demand for wind tunnel testing applications.

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Competitive Landscape

The key players studied in the global wind tunnel market are as Aerolab (U.S.), Aiolos (Canada), Boeing(U.S.), ETW GmbH(Germany), Horiba Ltd(Japan), Lockheed Martin Corporation(U.S.), Mahle GmbH(Germany), Mitsubishi Heavy Industries, Ltd(Japan), Rail Tec Arsenal(Europe), and RUAG(Switzerland).

Global Wind Tunnel Market: Recent Developments

• September 2022, Mahle has launched a large-scale, global solar programme to provide energy from its own production to its locations.
• March 2021, RUAG created and tested wind tunnel models to simulate new turbofan and propeller technologies. This effort contributes to a greener future for the aviation sector.
• March 2021, Rail Tec Arsenal intended to expand its Climatic Wind Tunnel Vienna tests. Workarounds and increased space needs for such testing are always increasing.

Global Wind Tunnel Market Report Coverage

• The report offers a comprehensive quantitative as well as qualitative analysis of the current global wind tunnel market outlook and estimations from 2021 to 2031, which helps to recognize the prevalent opportunities.
• A thorough analysis of market trends and restraints is provided.
• Region-wise, as well as country-wise conditions are broadly evaluated in this report.
• The forecasts in this report are made by examining the recent trends along with future global wind tunnel market potential from 2021 to 2031 in terms of revenue.
• Porter’s five forces analysis, SWOT analysis, COVID-19 impact analysis, Russia-Ukraine war impact, and PESTLE analysis of the global wind tunnel market are also analyzed.
• Major players in the market are profiled in this report and their key developmental strategies are studied in detail. This will provide an insight into the competitive landscape of the global wind tunnel market industry.

Global Wind Tunnel Market Segmentation

By Alignment

• Horizontal
• Vertical

By Airspeed Type

• Supersonic
• Subsonic
• Hypersonic
• Transonic

By Application

• Aerospace & Defense
• Adventure Sports
• Automotive
• Transportation

By Region

• North America
  • The U.S.
  • Canada
  • Mexico
• Europe
  • UK
  • Germany
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia-Pacific
• Rest of the World
  • Latin America
  • Middle East
  • Africa

Key Players

• Aerolab (U.S.)
• Aiolos (Canada)
• Boeing(U.S.)
• ETW GmbH(Germany)
• Horiba Ltd(Japan)
• Lockheed Martin Corporation(U.S.)
• Mahle GmbH(Germany)
• Mitsubishi Heavy Industries, Ltd(Japan)
• Rail Tec Arsenal(Europe)
• RUAG(Switzerland)

Global Fire Hydrant Market to reach US$ 1.8 BN by 2031, driven by the Rising Service Requirements from Industrial and Commercial Clients: Global Insight Services

New York, November 2022: According to a new research study by Global Insight Services (GIS), the fire hydrant market is expected to grow rapidly over the next 10 years to reach a value of more than US$ 1.8 billion by 2031.

Hydrants are water extraction devices used in pipelines and water distribution systems. A fire hydrant can ensure quick water supply in the event of a fire. The connections to the pipes are tapped with hydrant wrenches and hydrant standpipes, and the fire vehicles are then attached. The tops of hydrants are coloured to signify the amount of flow they can produce in gallons per minute (gallon per minute). Over 1,500 gallons per minute in blue (gallon per minute), 1000 to 1,499 gallon per minute in green, 500 to 999 gallon per minute in orange, red indicates that the flow rate is less than 500 gallon per minute.

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Global Fire Hydrant Market: Market Drivers and Trends

The global market for fire hydrant systems is developing as a result of rising service requirements from industrial and commercial clients. Governments around the world have chosen to enforce severe fire safety standards, resulting in an increase in demand for fire hydrant systems.

The global market for fire hydrant systems is predicted to grow at a reasonable rate in the future years. The deployment of smart nodes or wireless sensors is the key trend in the fire hydrant systems industry. The latest market trend is to use less water more efficiently. Wireless sensors, also known as smart nodes, are used in fire hydrant systems to attain such efficiency since maintenance is less expensive and the action is lightning fast.

Global Fire Hydrant Market: Market Restraints and Challenges

The market for fire hydrant systems is quite large, but there are some limitations that must be overcome. The cost of installation and maintenance is the most significant barrier, followed by the need for testing and certifications. Fire prevention technologies that are more efficient and cost-effective are required. Exams and certifications, on the other hand, are unavoidable.

Global Fire Hydrant Market Report Findings

https://www.globalinsightservices.com/reports/fire-hydrant-market/

The dry barrel segment is likely to hold the major share of the market in 2021

Based on product type, it is bifurcated into dry barrel and wet barrel. The dry barrel category is anticipated to hold a considerable part of the fire hydrant industry based on product type. This can be due to the greater use of dry barrel fire hydrants in colder climate locations. Dry barrel hydrants are intended for use in colder climates since the barrels above ground keep dry and the water main is positioned below ground, preventing it from freezing. Furthermore, as fire hydrant systems evolve around the world, manufacturers are merging both the wet and dry barrel qualities to create a hybrid fire hydrant, such as wet-top dry barrel hydrants, that can work in a variety of conditions. This is projected to help the industry even more during the forecast period.

The smart segment is likely to hold the major share of the market in 2021

Based on operating type, the market is bifurcated into conventional, and smart. Because of its superior features, smart fire hydrant accounted for the majority of the market share. Intelligent fire hydrants offer significant opportunities for facility management service companies. Sensors or artificial intelligence can be used to control these hydrants (AI). Key players are utilizing IoT technology to detect fires through the usage of sensors. This accounts for larger market growth throughout the forecast period.

The above ground segment is likely to hold the major share of the market in 2021

Based on construction, the fire hydrant market is bifurcated into underground and above ground. The above ground segment is likely to hold the major share of the market in 2021, as the underground fire hydrants cause too many complications. Hooking up is more difficult; hoses kink, and you have to get down on the ground to work with them.  Snakes, black widows, and other insects are getting into them. Snakes, black widows, and other insects will get into them. But above-ground hydrants may be reached and hooked up in under a minute using a five-inch hose. Drop the cap, flush the hydrant, turn it off, connect the hose, and turn it back on when the engine says so and also making the hydrant adapt to smart environment is highly possible in above ground segment. Using it is simple and quick. Due to the reason the above ground segment is expected to grow during the forecast period.

The industrial segment is likely to hold the major share of the market in 2021

Based on end-user, the fire hydrant market is bifurcated into commercial and industrial. The industrial segment is likely to dominate the market during the forecast period. All industries and business entities are obligated to have safety measures on their premises. The increased development of industrial buildings is the primary driver of the fire hydrant market’s expansion.

As the population grows, so does the demand for hospitals, and industries such as oil, gas, and other manufacturing businesses that use volatile substances such as crude oil, flammable gases, and petroleum necessitate the use of fire hydrants due to the increased risk of fire accidents. In addition, rising urbanization, industrialization, and increased awareness of asset safety are driving up demand for fire hydrant resources.

The Asia-Pacific region is accounted for the majority of market share in 2021

Region-wise, it is studied across North America, Europe, Asia Pacific, and the Rest of the World. With the growing population of APAC nations, an increasing number of factories, hospitals, commercial complexes, and residential constructions are projected to be built during the next few years. This clearly reflects the region’s high demand for fire hydrant systems.

Furthermore, the market in Asia Pacific is expected to expand at a significant rate during the forecast period due to the adoption of higher safety practices, an increase in commercial places such as shopping malls and offices, and large piping systems covering longer distances in countries such as China, India, Japan, and other Southeast Asian countries.

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Competitive Landscape

The key players studied in the global fire hydrant market are American Cast Iron Company(U.S.), AVK International A/S(Denmark), Bocciolone Antincendio(Italy), Ej Group, Inc.(U.S.), Imp Armature d.o.o(Solvenia), Kupferle Foundry Company(U.S.), Mueller Co. LLC(U.S.), M&H Valve Company(U.S.), Newage Fire Protection Services Pvt, Ltd.(India), and Rapidrop Global Ltd.(UK).

Global Fire Hydrant Market: Recent Developments

• June 2021, Mueller Water Products has completed the acquisition of i2O Water, a pressure control solution provider. This acquisition would assist the corporation in expanding its software offerings.
• March 2021, McWane purchased Waterman, a well-known reader in water control products for wastewater, water treatment, hydro-power, agricultural, rural water distribution, and flood control management.
• February 2019, AVK purchased a 60% share in AC.MO, a firm that designs and manufactures hydraulic water distribution systems. Under this acquisition, the current owners of AC.MA would be the company’s management and stakeholders.

Global Fire Hydrant Market Report Coverage

• The report offers a comprehensive quantitative as well as qualitative analysis of the current global Fire Hydrant Market outlook and estimations from 2021 to 2031, which helps to recognize the prevalent opportunities.
• A thorough analysis of market trends and restraints is provided.
• Region-wise, as well as country-wise conditions, are broadly evaluated in this report.
• The forecasts in this report are made by examining the recent trends along with future global Fire Hydrant Market potential from 2021 to 2031 in terms of revenue.
• Porter’s five forces analysis, SWOT analysis, COVID-19 impact analysis, Russia-Ukraine war impact, and PESTLE analysis of the global Fire Hydrant Market are also analyzed.
• Major players in the market are profiled in this report and their key developmental strategies are studied in detail. This will provide an insight into the competitive landscape of the global Fire Hydrant Industry.

Global Fire Hydrant Market Segmentation

By Product Type

• Dry Barrel
• Wet Barrel

By Operating Type

• Conventional
• Smart

By Construction

• Above Ground
• Underground

By End-User

• Commercial
• Industrial

By Region

• North America
  • The U.S.
  • Canada
  • Mexico
• Europe
  • UK
  • Germany
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia-Pacific
• Rest of the World
  • Latin America
  • Middle East
  • Africa

Key Players

• American Cast Iron Company(U.S.)
• AVK International A/S(Denmark)
• Bocciolone Antincendio(Italy)
• Ej Group, Inc.(U.S.)
• Imp Armature d.o.o(Slovenia)
• Kupferle Foundry Company(U.S.)
• Mueller Co. LLC(U.S.)
• M&H Valve Company(U.S.)
• Newage Fire Protection Services Pvt, Ltd.(India)
• Rapidrop Global Ltd.(UK)

Global Drip Irrigation Market to Reach US$ 34.7 BN by 2031, driven by the Rise in High Demand of Labor Less Practices in Agriculture Sector: Global Insight Services

New York, November 2022: According to a new research study by Global Insight Services (GIS), the drip irrigation market is expected to grow rapidly over the next 10 years to reach a value of more than US$ 34.7 billion by 2031.

Drip irrigation, often known as trickle irrigation, is a form of micro-irrigation system that allows water to drip slowly to plant roots, either above the soil surface or buried below the soil surface. The idea is to distribute water into the root zone while minimizing evaporation. Drip irrigation systems use a network of valves, pipes, tubing, and emitters to transfer water. A drip irrigation system may be more efficient than other types of irrigation systems, such as surface irrigation or sprinkler irrigation, depending on how effectively it is designed, installed, maintained, and operated.

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Global Drip Irrigation Market: Market Drivers and Trends

The less usage of labor is the key driver of the market. As technology has improved, agriculture’s labor force has become less necessary. The labor cost to operate a drip irrigation system is considered moderate, depending on the degree of automation. This type of irrigation has been used in landscapes, greenhouses, home gardens, field crops, orchards, and vineyards. Fertilizer can also be applied using drip irrigation, a process known as fertigation. Fertigation is the practice of applying nutrients and water at the root zone to promote crop absorption. Water and fertilizer application uniformity has the ability to boost production by 25% to 50%. Fertilizer usage efficiency with fertigation is 80%-90%, allowing 25% of the nutrients to be retained.

Global Drip Irrigation Market: Market Restraints and Challenges

The maintenance cost is the major restraint to the market. The drip irrigation system requires continual pressure to maintain a consistent flow of water. The continual flow of water through lateral pipes may cause algae to grow, blocking emitters. Furthermore, the cost of replacing drip irrigation systems is high. Additionally, these systems are difficult to maintain because they require weekly chlorination, which adds to the cost. The maintenance cost is the major restraint to the market.

Global Drip Irrigation Market Report Findings

https://www.globalinsightservices.com/reports/drip-irrigation-market/

The drip tubes segment is likely to hold the major share of the market in 2021

Based on component, the drip irrigation market is segmented as emitters, drip tubes, filters, valves, pressure pumps, and others. Drip tubes segment is likely to hold the major share of the market in 2021. Drip tubes are becoming in popularity due to its modern, renewable raw materials and ease of installation. The drip tube is a crucial component of drip irrigation. Furthermore, during the last decade, there has been an increase in the use of drop tapes constructed from recycled materials in various countries. Increased government support and expanding volumes of field crops are also predicted to contribute in the global expansion of drip tubes.

The online segment is likely to hold the major share of the market in 2021

Based on emitter type, the drip irrigation market is bifurcated into inline and online. The online segment is expected to be the largest segment in the drip irrigation market in 2021. Online emitters are little plastic devices that release small streams of water that flow via polyethylene (PE) tubes over the soil. Emitters are installed on the laterals of online drip irrigation systems. They are primarily utilized in horticulture crops such as mango, cashew nut, areca nut, sweet orange, sapota, and others. Because online emitters save up to 70% of water, undulating ground can be cultivated. Online emitters provide the distinct advantage of allowing farmers to plant emitters in locations next to crops. Furthermore, the high adoption rates in Asia Pacific are mostly driven by small farms, which see online emitters as more cost-effective in terms of installation at required places in the laterals when compared to smaller fields.

The agriculture segment is likely to hold the major share of the market in 2021

Based on application, the drip irrigation market is segmented into agriculture, green house and others. The agriculture segment is expected to be largest segment in 2021. The reason is straightforward. Drip irrigation not only provides a higher return than other irrigation technologies, but it also provides farmers with an effective and simple approach to operate their farms. Drip irrigation irrigates the land consistently in any topography and soil type and 100% of the land is utilized, drip irrigation works on low pressure, efficient use of fertilizer and crop protection, with no leaching. This is the reason farmers are showing interest to adapt to drip irrigation and thus it will lead the market during the forecast period.

The Asia Pacific region is accounted for the majority of market share in 2021

Region-wise, it is studied across North America, Europe, Asia Pacific, and the Rest of the World. Asia Pacific led the global market in 2021 and is expected to do so throughout the projected period. Increasing technological advancements, together with rising micro-irrigation use in emerging nations such as China and India, are likely to drive market demand over the projection period.

Furthermore, the government is making more efforts to foster such systems, such as through subsidies, foreign investments, and low interest rates. For example, in August 2020, Netafim, an Israeli precision technology supplier, announced a USD 85 million agreement to provide modern irrigation to 35,000 Indian farmers. This, in turn, boosts the demand for drip irrigation in the Asia Pacific region.

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Competitive Landscape

The key players studied in the global drip irrigation market are as Hunter Industries(U.S.), Irritec S.P.A (Italy), Lindsay Corporation(U.S.), Netafim(Israel), Rain Bird Corporation(U.S.), The Toro Company (U.S.), Chinadrip Irrigation Equipment Co., Ltd.(China), Microjet(South Africa), Rivulis(Israel), and Jain Irrigation Systems Ltd.(India).

Global Drip Irrigation Market: Recent Developments

• June 2022, Netafim revealed the findings of a Life Cycle Analysis (LCA) study demonstrating that drip irrigation produces the least environmental effect and optimal land use when compared to flood and sprinkler irrigation technologies.
• April 2022, Hunter partnered with POGO, a turfgrass technology solutions provider, in order to increase their production capabilities.
• March 2022, Irritec planned to open a new branch in Peru to support local agriculture and promote drip irrigation and fertigation systems.

Global Drip Irrigation Market Report Coverage

• The report offers a comprehensive quantitative as well as qualitative analysis of the current global Drip Irrigation market outlook and estimations from 2021 to 2031, which helps to recognize the prevalent opportunities.
• A thorough analysis of market trends and restraints is provided.
• Region-wise, as well as country-wise conditions are broadly evaluated in this report.
• The forecasts in this report are made by examining the recent trends along with future global Drip Irrigation market potential from 2021 to 2031 in terms of revenue.
• Porter’s five forces analysis, SWOT analysis, COVID-19 impact analysis, Russia-Ukraine war impact, and PESTLE analysis of the global Drip Irrigation market are also analyzed.
• Major players in the market are profiled in this report and their key developmental strategies are studied in detail. This will provide an insight into the competitive landscape of the global Drip Irrigation industry.

Global Drip Irrigation Market Segmentation

By Component

• Emitters
• Drip Tubes
• Filters
• Valves
• Pressure Pumps
• Others

By Emitter Type

• Inline
• Online

By Application

• Agriculture
• Green House
• Others

By Region

• North America
  • The U.S.
  • Canada
  • Mexico
• Europe
  • UK
  • Germany
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia-Pacific
• Rest of the World
  • Latin America
  • Middle East
  • Africa

Key Players

• Hunter Industries(U.S.)
• Irritec S.P.A (Italy)
• Lindsay Corporation(U.S.)
• Netafim(Israel)
• Rain Bird Corporation(U.S.)
• The Toro Company (U.S.)
• Chinadrip Irrigation Equipment Co., Ltd.(China)
• Microjet(South Africa)
• Rivulis(Israel)
• Jain Irrigation Systems Ltd.(India)

Global Facade Market to reach US$ 311.6 BN by 2031, driven by the Urbanization and Modernization: Global Insight Services

New York, November 2022: According to a new research study by Global Insight Services (GIS), the facade market is expected to grow rapidly over the next 10 years to reach a value of more than US$ 311.6 billion by 2031.

A façade is the building’s deceiving external look. The building’s vertical and horizontal facades include the roof, ventilator louvers, and street awnings. The materials used for building facades are increasingly being employed for energy conservation in addition to aesthetic purposes. It aids in building temperature management, therefore façade industry participants are designing weather-specific facades. Facades are commonly employed in high-rise buildings and offices, as well as stores and apartments. It enhances visual appeal, serves as insulation against heat, cold, moisture, and noise, and shields the building from harm.

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Global Facade Market: Market Drivers and Trends

Urbanization and modernization are both crucial factors in the market’s expansion. When building facades, a number of aspects, such as waterproofing, fabrication, durability, and resilience to extreme conditions, are taken into consideration and reasons for market growth. The market is expected to develop as consumer opinions change and attention to a building’s exterior look increases. Increased renovation spending is a result of rising disposable income, which is predicted to accelerate market expansion. In industrialized nations like the U.S., increasing expenditures in the development of the residential and commercial construction industries can fuel market expansion.

Global Facade Market: Market Restraints and Challenges

The expansion of the facade market is anticipated to be hampered by high installation and repair costs as well as high raw material costs. They must only be attached and detached by professionals. Furthermore, a lack of knowledge about the advantages of facade materials could further restrain market expansion.

Global Facade Market Report Findings

https://www.globalinsightservices.com/reports/facade-market/

The ventilated segment is likely to hold the major share of the market in 2021

Based on type, the facade market is bifurcated into ventilated & non-ventilated. The ventilated segment is expected to have the largest market share in the global facade industry. This is primarily because it has advantages over non-ventilated facades, including energy savings and rich aesthetics. The need for ventilated façades on the majority of buildings and in new construction has increased as a result. To obtain an advantage in the ongoing competition, market players are also placing a lot of emphasis on this market area by introducing new, creative ventilated facades ideas and designs.

The metal segment is likely to hold the major share of the market in 2021

Based on material, the facade market is segmented into glass, metal, fiber and others. The metal segment maintained its dominance in 2021 and is likely to continue to lead the market during the forecast period. Metallic façade materials such as steel and aluminum are increasingly being used to make cladding walls and structural panels in modern and retro-style structures. Their popularity is a result of their low maintenance requirements, resistance to weather, fire, and water, durability, and environmental friendliness. Particularly because to its lightweight, durability, and high degree of elasticity, which enables designers to alter its shape and size in accordance with needs, aluminum finds extensive use as a façade material. Glass is also in high demand because of its transparency.

The commercial segment is likely to hold the major share of the market in 2021

Based on end-user, the Facade market is segmented into commercial, residential, and industrial. Commercial and Defense application segment dominated the market in 2021, and this trend is projected to continue over the forecast period. In order to protect the interior and give an aesthetically pleasing outer architecture, facades are widely utilized in commercial and residential buildings. Because corporations have large construction budgets, the product is widely employed in commercial buildings. Over the course of the projected period, it is anticipated that the number of commercial buildings including hotels, restaurants, warehouses, and garages will increase in nations including India, China, Brazil, and those in the Middle East.

The Asia Pacific region is accounted for the majority of market share in 2021

Region-wise, it is studied across North America, Europe, Asia Pacific, and the Rest of the World. Asia Pacific led the global market in 2021 and is expected to do so throughout the projected period. Asia-Pacific is anticipated to experience significant growth during the predicted period. This can be linked to the region’s increasing non-residential construction, economic expansion, infrastructure development, and population growth. The construction market in India is predicted to become the third largest in the world by 2025, and annual growth in construction output is predicted to be 7.1% on average. This is anticipated to fuel the growth of the facade industry in India and help the Asia-Pacific region as a whole.

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Competitive Landscape

The key players studied in the global facade market are as Axis Facades (U.S.), Enclos Corp. (U.S.), Façade ONE (India), Permasteelisa S.P.A (Italy), Ramboll Group A/S (Denmark), Linder Group (Germany), Martins (India), Meinhardt Group (Singapore), Qingdao REXI Industries Co., Ltd.(China), and YKK AP Façade PTE Ltd (Tokyo).

Global Facade Market: Recent Developments

• November 2022, The West Ligurian Sea Port Authority has hired Ramboll as a member of the WeBuild-led team leading the historic refurbishment of the Port of Genoa.
• August 2022, YKK AP America Inc. has announced a $125 million expansion in Macon, Georgia, which will feature a new residential window and door manufacturing plant as well as additional machinery and equipment.
• June 2022, The West Ligurian Sea Port Authority has hired Ramboll as a member of the WeBuild-led team leading the historic refurbishment of the Port of Genoa.

Global Facade Market Report Coverage

• The report offers a comprehensive quantitative as well as qualitative analysis of the current global Facade market outlook and estimations from 2021 to 2031, which helps to recognize the prevalent opportunities.
• A thorough analysis of market trends and restraints is provided.
• Region-wise, as well as country-wise conditions are broadly evaluated in this report.
• The forecasts in this report are made by examining the recent trends along with future global Facade market potential from 2021 to 2031 in terms of revenue.
• Porter’s five forces analysis, SWOT analysis, COVID-19 impact analysis, Russia-Ukraine war impact, and PESTLE analysis of the global Facade market are also analyzed.
• Major players in the market are profiled in this report and their key developmental strategies are studied in detail. This will provide an insight into the competitive landscape of the global Facade market industry.

Global Facade Market Segmentation

By Type

• Ventilated
• Non-Ventilated

By Material

• Glass
• Metal
• Fiber
• Others

By End-User

• Commercial
• Residential
• Industrial

By Region

• North America
  • The U.S.
  • Canada
  • Mexico
• Europe
  • UK
  • Germany
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia-Pacific
• Rest of the World
  • Latin America
  • Middle East
  • Africa

Key Players

• Axis Facades (U.S.)
• Enclos Corp. (U.S.)
• Façade ONE (India)
• Permasteelisa S.P.A (Italy)
• Ramboll Group A/S (Denmark)
• Linder Group (Germany)
• Martins (India)
• Meinhardt Group (Singapore)
• Qingdao REXI Industries Co., Ltd.(China)
• YKK AP Façade PTE Ltd (Tokyo)

Global Industrial Floor Scrubbers Market to reach US$9.0 BN by 2031, driven by the Rapid Expansion in Transportation, Healthcare, and Pharmaceutical: Global Insight Services

New York, November 2022: According to a new research study by Global Insight Services (GIS), the Industrial Floor Scrubbers Market is expected to grow rapidly over the next 10 years to reach a value of more than US$ 9.0 billion by 2031.

A floor scrubber is a device for cleaning the floor. It can be as simple as a floor mop or brush, or as complex as a walk-behind or ride-on machine that cleans bigger areas by injecting water with cleaning solution, scrubbing, and removing the residue off the floor. Because of improvements in robotics, autonomous floor-scrubbing robots are now available.

In schools, hospitals, businesses, and public buildings, larger powered floor buffers are used. These have wheels and are propelled, allowing the user to easily move and clean items that have become trapped on the floor. Smaller versions are available for home usage and are frequently advertised as hard floor cleaners.

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Global Industrial Floor Scrubbers Market: Market Drivers and Trends

Rapid expansion in transportation, healthcare, and pharmaceutical are projected to drive the growth of the industrial floor scrubbers market over the forecast period. Furthermore, the rise in safety-enabled productivity in industries is expected to boost the industrial floor scrubbers market forward. Furthermore, the growing acceptance of sustainable and eco-friendly cleaning methods by enterprises is expected to support the growth of the industrial floor scrubbers market. However, the availability of big national and international key players is expected to restrict the growth of the industrial floor scrubbers market throughout the forecast period. Furthermore, technical advancements in the product and the integration of automation will create further chances for the growth of the industrial floor scrubbers market in the future years.

Global Industrial Floor Scrubbers Market: Market Restraints and Challenges

The price of a floor cleaner is a key restraint in market expansion. The rapid adoption of battery-powered floor scrubbers has also become one of the market’s constraints. This can be attributed to the widespread use of lead-acid battery-powered floor scrubbers, which require periodic maintenance for long-term operation.

Furthermore, considering the floor size and additional maintenance costs involved with the purchase, the total cost of ownership of floor scrubbers tends to be greater. A floor scrubber has complicated features and parts, such as various power sources, attachments, and warranty packages, which are costly to maintain on an annual basis. Due to such high initial and ongoing costs, the market is projected to suffer during the forecast period.

Global Industrial Floor Scrubbers Market Report Findings

https://www.globalinsightservices.com/reports/industrial-floor-scrubbers-market/

The walk behind scrubbers segment is likely to hold the major share of the market in 2021

Based on product, it is bifurcated into walk behind scrubbers, ride-on scrubbers and robotic scrubbers. In 2021, the walk-behind scrubbers sector had the highest revenue share. Walk-behind scrubbers are lightweight and useful in commercial settings that lack an elevator. These products minimize total cleaning costs, which is the primary driver of segment growth.

During the projected period, the robotic scrubbers sector is expected to grow at the quickest CAGR. This increase is related to the rising demand for self-cleaning technology as a result of the COVID-19 pandemic. Various industrial and commercial facilities are experiencing a labor shortage as a result of workplace rules. Furthermore, the growing requirement for frequent cleaning has resulted in an increase in demand for robotic scrubbers.

The healthcare segment is likely to grow the fastest during the projection period

Based on end-user, the market is segmented into healthcare, government, hospitality, manufacturing, retail and others. The healthcare industry is expected to grow the fastest during the projection period. This expansion is linked to greater hygiene awareness as well as increased demand for contact-free cleaning. The number of daily visitors in healthcare institutions is large, making it difficult to keep the floor free of bacteria and grime. Furthermore, regulatory bodies have established cleaning criteria for healthcare institutions in order to preserve hygiene at their various facilities.

The Asia Pacific region is accounted for the majority of market share in 2021

Region-wise, it is studied across North America, Europe, Asia Pacific, and the Rest of the World. The Asia Pacific is expected to hold the majority of the market share in 2021; during the projection period, Asia Pacific is expected to grow rapidly. This is due to the rising industrialization of developing countries like China and India. China is regarded as the industrial powerhouse, whereas India’s manufacturing industry is expanding as a result of the “Make in India” push. According to the India Brand Equity Foundation (IBEF), India’s manufacturing sector is predicted to exceed USD 1 trillion by 2025, with corporations such as Vivo Mobile Communication Co., Ltd. and Morris Garages investing heavily in Indian manufacturing. The number of manufacturing facilities is predicted to grow, resulting in increased demand for floor scrubbers.

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Competitive Landscape

The key players studied in the global industrial floor scrubbers market are such as Amano Corporation(Japan), Comac Spa(Italy), Conuest Euipment Pty Ltd.(Austrilia), Fimap S.P.A. (Italy), Hafi- Elektra Pvt Ltd.(India), Hako GmbH(Germany), Nilfisk Group(Denmark), Polivac International Pty Ltd(Australia), Roots Multiclean Ltd(India) and Tennant Company(U.S.).

Global Industrial Floor Scrubbers Market: Recent Developments

• April 2022, Tennant Company announced the addition of lithium-ion technology to its AMR machine range, which includes the T380AMR, T7AMR, and T16AMR. Customers in the cleaning business around the world will benefit from this new superior battery technology.
• Jan 2022, Tennant Company, Tennant Company has announced the release of Inventory Scan, the company’s first add-on for Tennant robotic floor scrubbers to give merchants with multi-purpose autonomous solutions. Inventory Scan, created in collaboration with robotics market leader Brain Corp, is an integrated system that allows Tennant floor scrubbers to automatically scan on-shelf inventory.
• August 2020, Nifisk, a global provider of professional cleaning products and services, has expanded its portfolio with the inclusion of two high-performance autonomous solutions. The Nitfisk Liberty SC60 is a robotic floor scrubber powered by Brain Corp’s BrainOS Al software platform, as well as a UV-C light-based solution to target viruses and other diseases for Nilfisk’s previous robotic floor scrubber, the Nilfisk Liberty SC50.

Global Industrial Floor Scrubbers Market Report Coverage

• The report offers a comprehensive quantitative as well as qualitative analysis of the current global Industrial Floor Scrubbers market outlook and estimations from 2021 to 2031, which helps to recognize the prevalent opportunities.
• A thorough analysis of market trends and restraints is provided.
• Region-wise, as well as country-wise conditions are broadly evaluated in this report.
• The forecasts in this report are made by examining the recent trends along with future global Industrial Floor Scrubbers market potential from 2021 to 2031 in terms of revenue.
• Porter’s five forces analysis, SWOT analysis, COVID-19 impact analysis, Russia-Ukraine war impact, and PESTLE analysis of the global Industrial Floor Scrubbers market are also analyzed.
• Major players in the market are profiled in this report and their key developmental strategies are studied in detail. This will provide an insight into the competitive landscape of the global Industrial Floor Scrubbers industry.

Global Industrial Floor Scrubbers Market Segmentation

By Product

• Walk Behind Scrubbers
• Ride-On Scrubbers
• Robotic Scrubbers

By End-User

• Healthcare
• Government
• Hospitality
• Manufacturing
• Retail
• Others

By Region

• North America
  • The U.S.
  • Canada
  • Mexico
• Europe
  • UK
  • Germany
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia-Pacific
• Rest of the World
  • Latin America
  • Middle East
  • Africa

Key Players

• Amano Corporation(Japan)
• Comac Spa(Italy)
• Conuest Euipment Pty Ltd.(Austrilia)
• Fimap S.P.A. (Italy)
• Hafi- Elektra Pvt Ltd.(India)
• Hako GmbH(Germany)
• Nilfisk Group(Denmark)
• Polivac International Pty Ltd(Austrilia)
• Roots Multiclean Ltd(India)
• Tennant Company(U.S.)

Global External Blinds Market to reach US$ 28.9 BN by 2031, driven by the Growing Popularity of Prefabricated, Modular, and Manufactured Homes: Global Insight Services

New York, November 2022: According to a new research study by Global Insight Services (GIS), the External Blinds Market is expected to grow rapidly over the next 10 years to reach a value of more than US$ 28.9 billion by 2031.

Exterior blinds, shutters, and shades are hard covers that are typically put on windows to prevent overheating. Blinds and shades can incorporate soft materials, such as Roman shades/blinds or roller shutters, due to their practical applications, although they belong within the hard category. They are useful products that filter off unnecessary light and provide privacy.

There are a few vertical slatted blinds that move from side to side available in the blinds and coverings market. Shades, on the other hand, are strong window treatments made of softer materials. As a result, the regular release of revolutionary external blinds and roller shutters accelerates market expansion significantly.

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Global External Blinds Market: Market Drivers and Trends

During the projection period, the expanding real estate industry is likely to drive the market expansion of exterior blinds. The growing popularity of prefabricated, modular, and manufactured homes is expected to drive up blind demand in a variety of countries in the near future. The Indian real estate business has grown tremendously throughout the years. The India Brand Equity Foundation, or IBEF, expects that with government backing, the Indian residential sector would grow dramatically in the next years. For example, in June 2015, the Government of India (Gol) launched the Pradhan Mantri Awas Yojana, PMAY, project, with the goal of constructing 20 million houses across the country by 2022. As of August 26th, 2021, the initiative/scheme had gathered approximately 31 billion in funding.

Over the projection period, the rising hospitality industry is expected to drive market expansion at a macro level. As tourism resumes around the world, the need for hotels, airbnbs, hostels, and other hospitality places rises, propelling the external blinds industry forward.

Global External Blinds Market: Market Restraints and Challenges

Exterior blinds high pricing are projected to limit market expansion. Installing and setting up blinds takes some time, especially if the home has a lot of windows. Labor costs between US$ 35 to US$ 100 per hour, so labor makes up a sizable amount of the cost. Typically, labor for a whole house installation ranges from US$ 140 to US$ 440, or around US$ 50 per window. There are normally eight windows in a home that need blinds, and installation usually takes four hours. This is expected to restraint the market and smarter solutions are required to overcome this.

Global External Blinds Market Report Findings

https://www.globalinsightservices.com/reports/external-blinds-market/

The venetian blinds segment is likely to hold the major share of the market in 2021

Based on product type, it is segmented into venetian blinds, roller blinds, vertical blinds, panel blinds and others. The venetian blinds sector dominated the market in terms of market share in 2021. Vertical slats that are two inches wide are piled and joined together by cords or fabric strips to form venetian blinds. The slats can be turned by pulling the cords, or the cables can be pulled together and raised to adjust the blinds. Venetian blinds come in a variety of materials, including wood. The blinds are also available in cordless variants. Users can programme their Venetian blinds to automatically retract as the light level drops so that they are totally hidden from view. Furthermore, they make it simple to clean the glass. The blade surface has a little curvature that harmonizes with the clean lines of contemporary architecture. The slats are guided by either thin extruded aluminum rails or coated stainless steel cables.

The automated gloves segment is likely to hold the major share of the market in 2021

Based on operation system the market is bifurcated into manual and automated. The automated segment is expected to lead the market in terms of market share in 2021. External blinds that are automated notice when UV sunrays are entering the room. Other smart gadgets like cellphones, air conditioners, and smart TVs can be connected to them. Because of this, motorized external blinds are incredibly convenient and straightforward to use. These essential characteristics are the primary causes of the increase in demand for automatic exterior blinds on the world market.

The plastic glove segment is likely to hold the major share of the market in 2021

Based on material, the external blinds market is segmented into metal, wood, plastic, and others. In 2021, the plastic segment is leading marking and expected to grow throughout the forecast period. Plastic blinds are quite simple to maintain, all you need to do is wipe off the dust and wash them well, no special cleaning agents are required. The lamellas can deform over time when exposed to heat, so experts advise against placing such products next to heat sources because they don’t always look organic in the space. However, plastic works best in a space where uncomplicated cleaning is required.

The residential segment is likely to hold the major share of the market in 2021

Based on end-user, the external blinds market is bifurcated into residential and commercial. The residential segment is leading the market in 2021. The residential category will have a significant part of this market in 2021, owing to annual growth in residential structures and remodelling, which demanded safety, privacy, and ambiance. The commercial sector of the exterior blinds market is anticipated to expand at a respectable clip as more offline workplaces emerge.

The North America region is accounted for the majority of market share in 2021

Region-wise, it is studied across North America, Europe, Asia Pacific, and the Rest of the World. The North American area topped the external blinds market. The demand for external blinds is rising as a result of the growth in the number of homes and buildings in North America. Due to the geography of this area, various areas require distinct defenses against the sun, wind, dust, and snow. With a huge population of billionaires, external blinds are in high demand in North America not just for safety but also for aesthetic reasons.

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Competitive Landscape

The key players studied in the global External Blinds Market are Alulux GmbH(Germany), Griesser AG(Switzerland), Country Blinds Pty Ltd(Australia), Hunter Douglas(The Netherlands), MHZ Hachtel GmbH &Co. KG(Germany), NEVA(Czech Republic), Schenker Stroen(Switzerland), Serge Ferrari S.A.S.(France), Verano(The Netherlands), and WAREMA Renkhoff SE(Germany).

Global External Blinds Market: Recent Developments

• March 2022, Hunter Douglas purchased 74% of the Polish company DromaSunshade Experts, which assembles custom-made outdoor sunscreens, shutters, and awnings. Droma will continue to run independently after the acquisition. Through the network of Droma, this acquisition will increase Hunter Douglas’s presence throughout Western Europe.
• March 2022, NEVA will use ISO PANEL for external blind side guiding. Compared to the original plates, the ISO PANELs enable efficient operations and are more environmentally friendly.
• April 2021, Griesser AG undertook numerous projects to supply external blinds for houses, mansions, and villas. A project of this kind took place in the Perpignan area, where the architectural firm BAU invited the corporation to see the expansive family home Vila Briques des Champs. The firm redecorated the property with roller shutters, awnings, window shutters, etc. in addition to providing external blinds.

Global External Blinds Market Report Coverage

• The report offers a comprehensive quantitative as well as qualitative analysis of the current global External Blinds Market outlook and estimations from 2021 to 2031, which helps to recognize the prevalent opportunities.
• A thorough analysis of market trends and restraints is provided.
• Region-wise, as well as country-wise conditions, are broadly evaluated in this report.
• The forecasts in this report are made by examining the recent trends along with future global External Blinds Market potential from 2021 to 2031 in terms of revenue.
• Porter’s five forces analysis, SWOT analysis, COVID-19 impact analysis, Russia-Ukraine war impact, and PESTLE analysis of the global External Blinds Market are also analyzed.
• Major players in the market are profiled in this report and their key developmental strategies are studied in detail. This will provide an insight into the competitive landscape of the global External Blinds industry.

Global External Blinds Market Segmentation

By Product Type

• Venetian Blinds
• Roller Blinds
• Vertical Blinds
• Panel Blinds
• Others

By Operating System

• Manual
• Automated

By Material

• Metal
• Wood
• Plastic
• Others

By End-user

• Residential
• Commercial

By Region

• North America
  • The U.S.
  • Canada
  • Mexico
• Europe
  • UK
  • Germany
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia-Pacific
• Rest of the World
  • Latin America
  • Middle East
  • Africa

Key Players

• Alulux GmbH(Germany)
• Griesser AG(Switzerland)
• Country Blinds Pty Ltd(Australia)
• Hunter Douglas(The Netherlands)
• MHZ Hachtel GmbH &Co. KG(Germany)
• NEVA(Czech Republic)
• Schenker Stroen(Switzerland)
• Serge Ferrari S.A.S.(France)
• Verano(The Netherlands)
• WAREMA Renkhoff SE(Germany)

Global HVAC Chillers Market to Reach US$ 14.3 BN by 2031, driven by Surging Disposable Income, Temperature Concerns, and Spending on Comfort and Luxury: Global Insight Services

New York, November 2022: According to a new research study by Global Insight Services (GIS), the HVAC chillers market is expected to grow rapidly over the next 10 years to reach a value of more than US$ 14.3 billion by 2031.

HVAC chillers transfer heat away from a space that requires climate control much like a traditional split system or package unit does, but they use water (or a water solution) to do so instead of air. There are three types of HVAC chillers: water-cooled, air-cooled, and steam-fired. They work similarly throughout most of the process until the refrigerant reaches the condenser.

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Global HVAC Chillers Market: Key Drivers

The improving economic conditions across the globe coupled with urbanization has led to the growth in the industrial sector. There has been a rise in the construction of medical centers, malls, complexes, hotels, commercial buildings and manufacturing facilities, which propels the demand for HVAC chillers. Urbanization has changed the lifestyle of the people and increased the inclination towards safety and security. Technological developments along with the modifications in government and organizational regulations for temperature control contributes towards the growth of the HVAC chiller market. Urbanization and growing population in European countries are driving factors for growth of chillers market in this region. Surging disposable income, temperature concerns, and spending on comfort and luxury are a few factors that drive the growth of the global HVAC chillers market.

Global HVAC Chillers Market: Market Restraints and Challenges

HVAC chillers require high maintenance as chilled water-cooled systems use water for transferring heat that exposes the water to a range of conditions creating scaling. Scaling is a process of accumulation of deposits on metal. It can cause corrosion as well as decrease system efficiency. Additionally, chillers are less efficient in humid conditions. To address these situations, more advanced chillers are necessary, which come at a cost. This is expected to hamper the HVAC chillers market in the coming years.

Global HVAC Chillers Market Report Findings

https://www.globalinsightservices.com/reports/hvac-chillers-market/

The air-cooled segment is likely to hold the major share of the market in 2021

Based on technology, it is segmented into air-cooled, water-cooled, and steam-fired. The air-cooled segment is expected to have the largest HVAC chillers market share in 2021. Air-cooled chiller utilizes the mechanical refrigeration cycle to produce chilled water and antifreeze mixture. Air-cooled chillers are common in modern systems and have growing popularity since 1980s. It can be used in various residential, commercial, and industrial application. Industrial chillers are often used in large buildings such as hotels, indoor malls, hospitals, and large industrial buildings, as well as locations that may have multiple buildings that require cooling such as outdoor malls and theme parks. Air cooled chiller cost less to install and require less maintenance compared to water cooled chiller because they have less equipment. Due to this, the air-cooled segment is expected to receive the main market attraction resulting in market growth.

The screw chillers segment is likely to dominate the market during the forecast period

Based on type, it is segmented into process chillers, scroll chillers, screw chillers, centrifugal chillers, and absorption chillers. The screw chillers segment is expected to dominate the market during the forecast period. Screw chillers has a simple structure, fewer moving parts, less wearing parts, only 1/10 of the piston type, low failure rate, and long life screw compressor. Further, screw compressors screw chiller has a smooth circular motion, no surge phenomenon during the low load operation, low noise, and low vibration. Due to the abovementioned factors, the screw chillers segment is expected to dominate the market during the forecast period.

The industrial segment is likely to hold the major share of the market in 2021

Based on application, it is segmented into industrial, commercial, and residential. The industrial segment is expected to be the largest segment in the HVAC chillers market in 2021. In industrial sector, industrial water chillers are utilized in a broad range of applications where chilled liquid or water are circulated through a process equipment. Generally, these chillers are utilized for cooling machinery and products. Water chillers are used in different applications with respect to tool and die cutting, injection molding, food and beverage, lasers, chemicals, semi-conductors, machine tool and more. With heat being the most common byproduct, no industrial machine, motor or process is 100% efficient. Removal of the heat is very important in industrial processes otherwise, it can accumulate over time and lead to reduced production times, premature equipment failure and equipment shutdowns. Thus, the industrial segment will likely hold a major market share in 2021.

The North America region is accounted for the majority of market share in 2021

Region-wise, it is studied across North America, Europe, Asia Pacific, and the Rest of the World. The North America market is expected to hold the majority of the market share in 2021. The U.S. and Canada contribute the most to the HVAC chillers market. Growing focus on construction of skyscrapers in Canada and Mexico has increased awareness about chilled water-cooled systems and is offering new opportunities to drive demand in the region. This, in turn, boosts the demand for HVAC chillers in the North America region.

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Competitive Landscape

The key players studied in the global HVAC chillers market are Airedale International (U.K.), Carrier Global Corporation (U.S.), Daikin Industries, Ltd. (Japan), Johnson Controls (U.S.), Kaltra GmbH (Germany), LG Electronics (South Korea), Mitsubishi Electric Corporation (Japan), SKM Air Conditioning (UAE), Thermal Care, Inc. (U.S.), and Trane Technologies Company, LLC (U.S.).

Global HVAC Chillers Market: Recent Developments

• October 2022, Daikin Applied announced upgrades to its award-winning,100%-configurable Pathfinder air-cooled screw chiller. Already the most efficient air-cooled screw chiller on the market, these upgrades will deliver even greater energy savings in the same footprint, as well as additional flexibility with the option to add factory-installed pump packages.
• July 2022, Carrier Global Corporation has entered into an agreement with Office Partners XXIII Block G1 LLC (Office Partners) to design, build, own and operate the heating and air conditioning plant at the new FNB Financial Center in Pittsburgh. Carrier will provide a turnkey high-efficiency heating and cooling plant for the new building that will contribute to the building’s targeted LEED Silver rating. Carrier will offer cooling-as-a-service for the FNB Financial Center.

Global HVAC Chillers Market Report Coverage

• The report offers a comprehensive quantitative as well as qualitative analysis of the current global HVAC chillers market outlook and estimations from 2021 to 2031, which helps to recognize the prevalent opportunities.
• A thorough analysis of market trends and restraints is provided.
• Region-wise, as well as country-wise conditions, are broadly evaluated in this report.
• The forecasts in this report are made by examining the recent trends along with future global HVAC chillers market potential from 2021 to 2031 in terms of revenue.
• Porter’s five forces analysis, SWOT analysis, COVID-19 impact analysis, Russia-Ukraine war impact, and PESTLE analysis of the global HVAC chillers market are also analyzed.
• Major players in the market are profiled in this report and their key developmental strategies are studied in detail. This will provide an insight into the competitive landscape of the global HVAC chillers industry.

Global HVAC Chillers Market Segmentation

By Technology

• Air-Cooled
• Water-Cooled
• Steam-Fired

By Type

• Process Chillers
• Scroll Chillers
• Screw Chillers
• Centrifugal Chillers
• Absorption Chillers

By Application

• Industrial
• Commercial
• Residential

By Region

• North America
  • The U.S.
  • Canada
  • Mexico
• Europe
  • UK
  • Germany
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia-Pacific
• Rest of the World
  • Latin America
  • Middle East
  • Africa

Key Players

• Airedale International (U.K.)
• Carrier Global Corporation (U.S.)
• Daikin Industries, Ltd. (Japan)
• Johnson Controls (U.S.)
• Kaltra GmbH (Germany)
• LG Electronics (South Korea)
• Mitsubishi Electric Corporation (Japan)
• SKM Air Conditioning (UAE)
• Thermal Care, Inc. (U.S.)
• Trane Technologies Company, LLC (U.S.)