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Impact of Aviation Regulations on Aircraft Seating Market – Forecast to 2025

The Aircraft Seating Market is projected to grow from USD 6.4 billion in 2018 to USD 10.5 billion by 2025, at a CAGR of 7.25% from 2018 to 2025. The growth of the market can be attributed to the increasing number of new aircraft orders due to a rise in demand for premium economy class seats across the globe. Moreover, airlines are highly concerned about enhancing the customer experience and, as such, are increasingly investing in upgrading their existing aircraft fleets, which subsequently leads to the growth of the aircraft seating market.

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Business class segment projected to lead the aircraft seating market over the forecast period

Based on class, the aircraft seating market has been segmented into business class, first class, premium economy class, and economy class. The business class segment is projected to lead the aircraft seating market during the forecast period while the premium economy class segment is projected to grow at the highest CAGR from 2018 to 2025. The growth of the premium economy class segment can be attributed to an increasing demand for premium economy seats by travelers, owing to the cheaper ticket value in comparison to business class seats.

Narrow body aircraft segment projected to grow at the highest CAGR during the forecast period.

Based on aircraft type, the aircraft seating market has been segmented into narrow body aircraft, wide body aircraft, very large aircraft, regional transport aircraft, and business jets. The narrow body aircraft segment is projected to grow at the highest CAGR from 2018 to 2025 due to the increasing number of new aircraft orders and rising demand from low-cost carriers for domestic travels, globally.

OEM segment projected to lead the aircraft seating market during the forecast period.

Based on end user, the aircraft seating market has been segmented into OEM, aftermarket, and MRO. The OEM segment is expected to lead the aircraft seating market during the forecast period. With the commercial aviation sector growing significantly across the globe due to an exponential increase in air passenger traffic, the demand for new aircraft is increasing year on year. This rising demand for new aircraft is expected to drive the growth of the OEM segment of the market during the forecast period.

North America is estimated to account for the maximum share in the aircraft seating market in 2018

The aircraft seating market has been studied for North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa. The North American region led the aircraft seating market in 2017. Major commercial aircraft manufacturers, such as Boeing (US) and Bombardier (Canada), are based in this region, thereby leading to the increased demand for products used in aircraft seating. The region is also expected to continue leading the market during the forecast period as well. The US is the major market for aircraft seating in North America due to its flourishing aviation industry.

Key Market Players

Leading players in the aircraft seating market include Zodiac Aerospace-Safran (France), B/E Aerospace-Rockwell Collins, Inc. (US), Geven S.p.A. (Italy), RECARO Aircraft Seating (Germany), HAECO Americas (US), Lufthansa Technik (Germany), and Stelia Aerospace (France). Major strategies undertaken by the leading companies in this market include expansions & collaborations, new product launches, mergers & acquisitions, and contracts, partnerships & agreements.

Don’t miss out on business opportunities in Aircraft Seating Market. Speak to our analyst and gain crucial industry insights that will help your business grow.

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their pain points around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 Micro Quadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, “RT” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:

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MarketsandMarkets™
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Thermoelectric Generators Market expected to be valued at $715.8 Million by 2022

Thermoelectric Generators

The Thermoelectric Generators Market is projected to grow from an estimated USD 368.5 Million in 2017 to USD 715.8 Million by 2022, at a CAGR of 14.20% during the forecast period, 2017 to 2022. The base year considered for this study on the thermoelectric generators market is 2016 and the forecast period is from 2017 to 2022.

Factors such as rapid commercialization of thermoelectric generators in the automotive industry, and increasing demand for miniaturized TEGs are leading to the growth of the thermoelectric generators market.

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Major players operating in the thermoelectric generators market include Gentherm Inc. (U.S.), II-VI Marlow, Inc. (U.S.), Ferrotec Corporation (Japan), Laird plc (U.K.), KELK Ltd. (Japan), Yamaha Corp. (Japan), and Evident Thermoelectrics (U.S.), among others.

Based on end user, the industrial segment is projected to grow at the highest CAGR during the forecast period

Based on end user, the industrial segment of the thermoelectric generators market is projected to grow at the highest CAGR from 2017 to 2022, owing to the increasing demand for waste heat recovery in industrial applications. Thermal power plants, cement industries, and steel plants produce large amounts of waste heat which can be converted into useful electrical energy by employing thermoelectric generators.

Based on source, the energy harvesting segment is anticipated to grow at the highest CAGR during the forecast period

Based on source, the energy harvesting segment of the thermoelectric generators market is projected to grow at the highest CAGR from 2017 to 2022, owing to the increasing demand for energy harvesting for various applications such as wearables, especially for consumers and soldier systems. Thermoelectric generators are expected to replace the batteries used in these applications, contributing to the growth of thermoelectric generators market.

Asia-Pacific is expected to be the fastest-growing market for thermoelectric generators during the forecast period

The thermoelectric generators market in the Asia-Pacific region is expected to grow at the highest CAGR during the forecast period. The growth of this market is mainly attributed to an increase in demand for waste heat recovery due to the growing industrialization in emerging economies such as China and India.

The thermoelectric generators market has been studied for North America, Europe, Asia-Pacific, and Rest of the World (RoW). The North American region is estimated to be the largest market for thermoelectric generators in 2017. Countries, such as the U.S. and Canada in the North American region are witnessing an increasing adoption of thermoelectric generators in the automotive industry. The markets in the European and Asia-Pacific regions are also expected to witness high growth, owing to the rapid commercialization of thermoelectric generators in industrial applications.

Don’t miss out on business opportunities in Thermoelectric Generators Market. Speak to our analyst and gain crucial industry insights that will help your business grow.

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their pain points around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 Micro Quadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, “RT” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

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MarketsandMarkets™
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Aircraft Propeller System Market expected to be valued at $329.9 Million by 2022

The Aircraft Propeller System Market is estimated to be USD 246.6 Million in 2017 and is projected to reach USD 329.9 Million by 2022, at a CAGR of 5.99% during the forecast period from 2017 to 2022. The base year that has been considered for this study on the aircraft propeller system market is 2016 and the forecast period is from 2017 to 2022.

The ecosystem of the aircraft propeller system market comprises manufacturers, component and system suppliers, aftermarket operators, and technology support providers.

The blades component segment is expected to lead the aircraft propeller system market during the forecast period.

Based on component, the aircraft propeller system market has been segmented into blades, hubs, spinners, and others. The blades component segment is expected to lead the aircraft propeller system market during the forecast period from 2017 to 2022. Based on material, the blades component segment of the market has been further classified into metal, composite, and wood.

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Target Audience:

  • Manufacturers/Suppliers of Aircraft Propeller System Components
  • Original Equipment Manufacturers (OEMs)
  • Subsystem Manufacturers
  • Aftermarket Operators
  • Ministries of Defense of Different Countries
  • Technology Support Providers
  • Global Aviation Industry
  • Scientific Research Centers

Hartzell Propeller (US), MT-Propeller (Germany), Dowty Propellers (UK), McCauley Propeller Systems (US), Airmaster Propellers (New Zealand), FP Propeller S.r.l. (Italy), and Ratier-Figeac (France) are some of the established players in the aircraft propeller system market. These leading players offer systems, products, and services based on advanced technologies. They also provide a broad range of engineering, technical, aftermarket, refurbishment, and information services for aircraft propeller systems.

Scope of the Report:

Aircraft Propeller System Market, by End-use Industry

  • Original Equipment Manufacturer (OEM)
  • Aftermarket (Aircraft Type and Solution)

– by Aircraft Type

  • Military Aircraft (Engine Type [Turboprop Engine and Piston Engine])
  • Civil & Commercial Aircraft (Engine Type [Turboprop Engine and Piston Engine])

– by Propeller Type

  • Fixed Pitch Propeller
  • Varying Pitch Propeller (Constant Speed Propeller, Controllable Pitch Propeller, Full Feathering Pitch Propeller, and Others)

– by Component

  • Blades
  • Hubs
  • Spinners
  • Others

– by Region

  • North America
  • Europe
  • Asia Pacific
  • Rest of the World (RoW)

The military aircraft type segment is projected to lead the aircraft propeller system market from 2017 to 2022.

Different types of military aircraft are operated under extreme conditions during critical defense missions or rescue operations. Aircraft propellers of military aircraft have a high tolerance against wear and tear to meet specific performance requirements. Since the quality of propellers with ultra-high performance and high durability plays a key role in military aircraft, the key players in the aircraft propeller system market are focusing on carrying out innovations in designs of their aircraft propellers systems. As the manufacturing costs of military aircraft are higher than commercial aircraft, the market for aircraft propellers used in military aircraft is expected to witness significant growth between 2017 and 2022.

Don’t miss out on business opportunities in Aircraft Propeller System MarketSpeak to our analyst and gain crucial industry insights that will help your business grow.

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, “RT” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:

Mr. Shelly Singh
MarketsandMarkets™
701 Pike Street,
Suite 2175, Seattle,
WA 98101, United States
1-888-600-6441
Email: Newsletter@marketsandmarkets.com

Less Lethal Ammunition Market Expected to reach $1,106 million by 2023

The Less Lethal Ammunition Market is projected to grow from $828 million in 2018 to $1,106 million by 2023, at a CAGR of 5.95% during the forecast period. Factors such as the increasing demand for less lethal ammunition such as rubber bullets, bean bag rounds, and smoke munitions across the world are expected to drive the less lethal ammunition market during the forecast period.  

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Companies such as The Safariland Group (US), Combined Systems, Inc. (US), Federal Ammunition (US), Nonlethal Technologies (US), Rheinmetall AG (Germany), ST Engineering (Singapore), Lightfield Ammunition Corporation (US), Winchester Ammunition (US), Security Devices International, Inc. (US), Lamperd Less Lethal, Inc. (Canada), Condor Non-Lethal Technologies (Brazil), Less Lethal Africa (South Africa), MAXAM Outdoors S.A. (Spain), and Sellier & Bellot (Czech Republic) are some of the leading players in the less lethal ammunition market.

Based on end user, the law enforcement segment is expected to lead the less lethal ammunition market during the forecast period.

Based on end user, the law enforcement segment is estimated to lead the less lethal ammunition market from 2018 to 2023. Less lethal ammunition is widely used by law enforcement agencies to disperse the riots and crowd control. With the increasing controversial shooting fatalities involving law enforcement personnel, a growing number of law enforcement agencies and departments are looking for ways to eliminate fatal encounters between officers and citizens. This factor is expected to drive the law enforcement segment during the forecast period.

The rubber bullets segment is projected to grow at the highest CAGR during the forecast period.

Based on product, the less lethal ammunition market is segmented into rubber bullet, bean bag rounds, polyethylene/plastic bullet, OC/CS and smoke munitions, flash bang rounds, paintballs, and others. The rubber bullet segment is estimated to lead the less lethal ammunition market in 2018 and is also projected to grow at the highest CAGR during the forecast period. Rubber bullets are similar to standard ammunition but are made of rubber instead of lead, and are fired at slower velocities compared to lead projectiles. Rubber bullet rounds have commonly been used by law enforcement agencies in riot-control situations that are designed to incapacitate targets without causing lasting harm. For instance, the US police used rubber bullets and tear gas on protesters outside Portland detention center in 2018. In addition, Argentina fired rubber bullets and other less lethal devices at protesters who marched in front of the Congress against the upcoming 2019 Budget Bill, which contains steep spending cuts aimed at erasing the country’s fiscal deficit.

Asia Pacific is projected to be the fastest-growing market for less lethal ammunition during the forecast period.

Factors such as border terrorism, territorial disputes between countries, deteriorating security situation, complex political environment, violence by right-wing extremist groups, and uncertain economic circumstances are expected to drive the less lethal ammunition market during the forecast period.

China is estimated to account for the largest share of the Asia Pacific less lethal ammunition market in 2018. This rapid growth can be attributed to the increasing research & development activities undertaken in the region for the development of advanced less lethal impact munitions.

Don’t miss out on business opportunities in Less Lethal Ammunition Market. Speak to our analyst and gain crucial industry insights that will help your business grow.

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, “RT” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:

Mr. Shelly Singh
MarketsandMarkets™
701 Pike Street,
Suite 2175, Seattle,
WA 98101, United States
1-888-600-6441
Email: Newsletter@marketsandmarkets.com

Air Defense System Scrutinized in New Research by MarketsandMarkets

The Air Defense System Market is projected to grow from $30.57 Billion in 2017 to $45.19 Billion by 2024, at a CAGR of 5.74% from 2017 to 2024. The objectives of this study are to analyze the air defense system market, along with the statistics from 2017 to 2024 as well as define, describe, and forecast the air defense system market based on range, platform, type, component, and region. The year 2016 has been considered as the base year while 2017 to 2024 has been considered as the forecast period for this study on the air defense system market.

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The ecosystem of the air defense system market includes manufacturers of air defense systems such as Saab AB (Sweden), Israel Aerospace Industries Ltd. (Israel), Raytheon Company (US), Thales Group (France), Lockheed Martin Corporation (US), Hanwa Corporation (South Korea), and BAE Systems PLC (UK), among others.

Target Audience for this Report:

  • Manufacturers of Air Defense Systems
  • System Integrators
  • Manufacturers of Sensors and Radar
  • Defense Software Providers
  • Original Equipment Manufacturers (OEMs)
  • Subcomponent Manufacturers
  • Military Service Providers
  • Potential Investors (Venture Capitalists)

Based on platform, the air defense system market has been segmented into land, naval, and airborne. The land segment is projected to lead the air defense system market in 2017 by accounting for a share of 71.6% of the market. Technological advancements taking place in short range, medium range, and guided missile systems are the factors driving the growth of the land segment of the air defense system market.

Based on range, the air defense system market has been segmented into long range air defense (LRAD) system, medium range air defense (MRAD) system, and short range air defense (SHORAD) system. The long range defense (LRAD) system segment is estimated to lead the air defense system market in 2017. Increasing attack threats from long range missile launches, asymmetric warfare, and intercontinental ballistic missiles across the globe are some of the factors fueling the growth of the long range defense (LRAD) system segment of the air defense system market.

Based on type, the air defense system market has been segmented into anti-aircraft system, missile defense system, and Counter Rocket, Artillery, and Mortar (C-RAM) system. The missile defense system segment is projected to lead the air defense system market during the forecast period.

The air defense system market has been studied for North America, Europe, Asia Pacific, the Middle East, and Rest of the World. The Asia Pacific region is estimated to lead the air defense system market in 2017. The Asia Pacific air defense system market is projected to grow at the highest CAGR during the forecast period. The growth of the Asia Pacific air defense system market can be attributed increased investments being made by countries such as China, India, Japan, South Korea, Taiwan, and Australia in the development of advanced air defense systems to strengthen defense systems of their combat zones to avoid and tackle threats arising from regional conflicts such as India-Pakistan border conflict, South China Sea Conflict, and non-conventional threats from terrorist groups such as ISIS.

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About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, “RT” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:

Mr. Shelly Singh
MarketsandMarkets™
701 Pike Street,
Suite 2175, Seattle,
WA 98101, United States
1-888-600-6441
Email: Newsletter@marketsandmarkets.com

Future Growth of Airborne Collision Avoidance System Market | Global Forecast to 2022

The Airborne Collision Avoidance System Market is projected to grow from an estimated USD 604.7 Million in 2017 to USD 797.1 Million by 2022, at a CAGR of 5.68% from 2017 to 2022. The objectives of this study are to analyze the airborne collision avoidance system market, along with the provision of statistics from 2017 to 2022, as well as to define, describe, and forecast the airborne collision avoidance system market on the basis of platform, component, type, end-use and region. The year 2016 has been considered the base year, whereas, 2017 to 2022 is the forecast period for the market study.

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The airborne collision avoidance system ecosystem comprises airline component providers such as Honeywell International Inc (U.S.), Lockheed Martin Corporation (U.S.), BAE Systems Plc (U.K.), L 3 Technologies, Inc (U.S.), and SAAB Group (Sweden), among others, and component manufacturers such as Rockwell Collins Inc. (U.S.), Garmin Ltd (Switzerland), QinetiQ Group Plc. (U.K.), Thales Group (France), and FLARM Technology Ltd (Switzerland), among others.

Target Audience for this Report:

  • Aircraft OEMs
  • Airborne Collision Avoidance System Manufacturers
  • Research Institutes and Organizations
  • Military Service Providers
  • Regulatory Bodies
  • Subcomponent Manufacturers
  • Technology Support Providers
  • Maintenance, Repair, and Overhaul (MRO) Service Providers

Major players profiled in the airborne collision avoidance system market report are Honeywell International Inc. (U.S.), Lockheed Martin Corporation (U.S.), BAE Systems Plc (U.K.), L 3 Technologies, Inc. (U.S.), and Saab Group (Sweden), among others.

Table of Contents:

Airborne Collision Avoidance System Market, By Type

  • Introduction
  • ACAS II & TCAS II
  • ACAS I & TCAS I
  • Flarm
  • Portable Collision Avoidance System (PCAS)

Airborne Collision Avoidance System Market, By Platform

  • Introduction
  • Fixed Wing
  • Rotary Wing
  • Unmanned Aerial Vehicle (UAV)

Airborne Collision Avoidance System Market, By End Use

  • Original Equipment Manufacturer (OEM)
  • Aftermarket
  • By Region
  • North America
  • Europe
  • Asia-Pacific
  • Rest of the World

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About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, “RT” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:

Mr. Shelly Singh
MarketsandMarkets™
701 Pike Street,
Suite 2175, Seattle,
WA 98101, United States
1-888-600-6441
Email: Newsletter@marketsandmarkets.com

Microwave Devices Market Expected to Reach $8.22 Billion by 2022

The report Microwave Devices Market by Type (Active Microwave Devices, Passive Microwave Devices), Frequency (L-Band, S-Band, C-Band, X-Band, Ku-Band, Ka-Band), Application (Space & Communication, Defense, Commercial), and Region – Global Forecast to 2022″, The microwave devices market is projected to grow from an estimated USD 6.07 Billion in 2017 to USD 8.22 Billion by 2022, at a CAGR of 6.24% during the forecast period. Growth in the usage of various solid state devices along with vacuum electron microwave devices in various defense and commercial applications have led to demand for microwave devices.

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Target Audience for this Report:

  • Manufacturers of Microwave Devices
  • Microwave Devices Component/Subcomponent Providers
  • Original Equipment Manufacturers
  • Investors, Venture Capitalists, and Funding Bodies
  • Academic Researchers/Organizations
  • Scientific Research Centres
  • Technology Support Providers
  • Microwave Devices Direct Sellers
  • Microwave Devices Distributors

Communications & Power Industries (CPI) (US), Thales (France), Teledyne (US), and L-3 Communications (US), among others, are the key players operating in the microwave devices market.

Based on type, the active microwave devices segment of the microwave devices market is projected to account for the largest share during the forecast period

Based on type, the active microwave devices segment of the microwave devices market is projected to account for the largest share between 2017 and 2022. The increased usage of various solid-state microwave devices such as Solid State Power Amplifiers (SSPA) along with Travelling Wave Tube Amplifiers (TWTA) in various applications, has contributed to the growth of the market.

Based on frequency, the Ku-band segment is projected to grow at highest CAGR of the microwave devices market during the forecast period

Based on frequency, the Ku-band segment is estimated to grow at highest CAGR in the microwave devices market during the forecast period. Usage of these frequencies for various satellite systems and defense systems, and various satellites that use Ku-band frequencies for broadcasting and communication are leading to the growth of the market.

Based on application, the space & communication segment is projected to lead the microwave devices market during the forecast period from 2017 to 2022

Based on application, the space & communication segment is projected to lead the microwave devices market during the forecast period. The growth of this segment of the market can be attributed to increased investments by countries such as the US, China, India, Russia, and France for the development of satellite communication and broadcasting products and services.

North America is projected to lead the microwave devices market during the forecast period

North America is projected to lead the microwave devices market during the forecast period. Moreover, the North America microwave devices market is projected to account for the largest share from 2017 to 2022. The growth in investments in space & communication along with high defense expenditure are a few factors fueling the growth of the North America microwave devices market.

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About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, “RT” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact: 
Mr. Shelly Singh
MarketsandMarkets™
701 Pike Street
Suite 2175, Seattle,
WA 98101, United States
1-888-600-6441
Email: Newsletter@marketsandmarkets.com

Military 3D Printing Market Growth Analysis over Next Five Years

According to the new market research report Military 3D Printing Market by Offering (Printer, Material, Software, Service), Application (Functional Part Manufacturing, Tooling, Prototyping), Platform (Airborne, Land, Naval, Space), Process, Technology, and Region – Global Forecast to 2025″, The military 3D printing market is estimated to be USD 799.8 Million in 2018 and is projected to reach USD 4,594.4 Million by 2025, at a CAGR of 28.37% from 2018 to 2025. The increasing use of 3D printing to manufacture lightweight defense-related components is one of the most significant factors projected to drive the growth of the military 3D printing market.

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Target Audience for this Report

  • Military 3D Printing Service Providers
  • Defense Equipment Manufacturers
  • 3D Printing Manufacturers
  • Raw Material Suppliers
  • Air Forces
  • Naval Forces
  • Armies
  • Ministry of Defense of Various Countries

Major players operating in the military 3D printing market include Stratasys (US), 3D Systems (US), ExOne (France), EOS (Germany), Arcam (Sweden), and Norsk Titanium (Germany).

The service offering segment is projected to grow at the highest CAGR during the forecast period.

Based on offering, the service segment of the military 3D printing market is projected to grow at the highest CAGR from 2018 to 2025. The increasing demand for 3D printed parts from original equipment manufacturers is expected to fuel the growth of the military 3D printing services market. OEMs are adopting 3D printing technology, owing to its ability to print lightweight components and complex parts.

The direct energy deposition process segment is projected to grow at the highest CAGR during the forecast period.

Based on process, the direct energy deposition segment of the military 3D printing market is projected to witness the highest growth during the forecast period. Direct energy deposition process is used to manufacture on-demand metal parts and components for the defense industry. The growth of the direct energy deposition segment can be attributed to the need for high-volume production of complex parts.

North America is projected to be the fastest-growing market for military 3D printing during the forecast period.

The military 3D printing market in North America is projected to grow at the highest CAGR during the forecast period. The growth of the military 3D printing market in North America can be attributed to factors, such as increased government investments in 3D printing projects and demand for lightweight and durable parts. In addition, the adoption of 3D printing technology by various OEMs is also expected to drive the growth of the military 3D printing market in North America.

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