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VTOL UAV Market projected to reach $5,500 Million by 2020, at a CAGR of 19.73% from 2015 to 2020 – Global Forecast by MarketsandMarkets

VTOL UAV

The report “VTOL UAV Market by Application (Military, Civil & Commercial, Homeland Security), Type (Multicopter, Helicopter, Hybrid), Size (Large, Medium, Small, Micro), Propulsion, Payloads, Geography – Global Forecast to 2020” ,analyzes and studies the major market drivers, restraints, opportunities, and challenges in North America, Europe, Asia-Pacific, Latin America, and Africa.

Browse 78 tables and 99 figures spread through 178 Pages and in-depth TOC on “VTOL UAV Market – Global Forecast to 2020”

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The global VTOL UAV market is estimated to be valued at USD 2,235.40 Million in 2015 and is projected to reach USD 5,500 Million by 2020, at a CAGR of 19.73% from 2015 to 2020.

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The report discusses about the market opportunities that exist in the VTOL UAV over the forecast period, 2015-2020. We have segmented the VTOL UAV market based on application, by type, by size, by payloads and by region. The report identifies the market opportunities for the above VTOL UAV across the five geographic sectors namely North America (NA), Latin America (LA), European Union (EU), Asia-Pacific (APAC), and Africa. Also, we have identified the major applications of VTOL UAV as military, Homeland Security, and Civil & Commercial.

The demand for VTOL UAVs has been increasing rapidly; however, certain restrictions are still imposed by governments and civil authorities. They are used in various commercial and civil applications such as surveillance, reconnaissance, exploration, and mapping, among others. The UAV’s fly at a low level, and therefore masses could be at risk. To avoid people from this danger, in January 2010, U.K’s Civil Aviation Authority (CAA) introduced new regulations that require operators of VTOL UAV to obtain permission from the CAA before commencing a flight within a congested area or in proximity to people or property.

The global VTOL UAV market by application type is the fastest-growing countries in the Asia-Pacific region. The VTOL UAV market in the countries, such as Japan and India of the Asia-Pacific region, is projected to grow at a faster pace from 2015 to 2020. The VTOL UAV market in these countries is expected grow for military and commercial applications in the next five years.

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Key Market Players

The VTOL UAV market is dominated by key global players such as Northrop Grumman Corporation (U.S.), DJI (China), Lockheed Martin Corporation (U.S.), Israel Aerospace Industries Limited (Israel), Schiebel Corporation (Austria), AeroVironment, Inc. (U.S.), Turkish Aerospace Industries, Inc. (Turkey), Saab AB (Sweden), The Boeing Company (U.S.), Textron, Inc. (U.S.), Parrot SA (France), 3D Robotics, Inc. (U.S.), and Xaircraft Technology Co. Ltd (China).

Don’t miss out on business opportunities in VTOL UAV 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.

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MarketsandMarkets™ INC.

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Email: Newsletter@marketsandmarkets.com

Business Opportunities in Aircraft Seating Market – Global Forecast to 2025

Aircraft Seating Market

According to the new market research report Aircraft Seating Market by Class (Business, First, Premium Economy, and Economy), Type (9g and 16g), End Use (OEM, Aftermarket, and MRO), Aircraft Type (NBA, WBA, VLA, RTA and Business Jets), Materials, Components, and Region – Global Forecast to 2025″, The aircraft seatingmarket 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. Increase in aircraft orders, rise in number of premium economy class seats, and maintenance & retrofitting of existing aircraft are some of the key factors driving the growth of the aircraft seating market.

Browse 103 market data Tables and 34 Figures spread through 168 Pages and in-depth TOC on “Aircraft Seating Market – Global Forecast to 2025”
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Premium economy class segment projected to grow at highest CAGR from 2018 to 2025.

Base on class, the premium economy segment of the aircraft seating market is projected to grow at the highest CAGR during the forecast period. The growth of this segment can be attributed to the increasing demand for premium economy seats by travelers owing to the cheaper ticket value in comparison to business class seats.  Emirates has announced a new premium class to be rolled out by 2020. On the other hand, Singapore Airlines will be cutting the number of first-class seats on its next A380s, while the German airline Lufthansa will do away with the first-class cabin completely in its new Boeing 777-9s, leaving business as the highest class on select flights. These changes reflect a shift in trends that place business as the new first class, and premium economy as the new business class.

Narrow body aircraft segment projected to grow at highest CAGR from 2018 to 2025.

Based on aircraft type, the narrow body aircraft segment is projected to grow at the highest CAGR during the forecast period. This segment’s growth can be attributed to an increasing demand for narrow body aircraft from low-cost carriers in emerging economies. Low-cost airliners tend to procure narrow-body aircraft, owing to their need for short distance travel and the aircrafts easy maintenance. This has increased the demand for narrow-body aircraft, directly affecting the aircraft seating market. Over 11,000 single-aisle aircraft deliveries were scheduled for the Asia Pacific region in 2017.

Asia Pacific aircraft seating market projected to grow at highest CAGR from 2018 to 2025.

Based on region, the Asia Pacific aircraft seating market is projected to grow at the highest CAGR during the forecast period. The market growth in this region is largely due to increase in air passenger traffic from countries such as India, China, Japan, and Indonesia. The region has been witnessing growth in domestic travel since the last decade, which has led an increase in aircraft deliveries mostly for low-cost carriers. Emerging markets require new aircraft to meet the fast-growing traffic demand. Hence, new airlines are being launched in emerging economies, such as India and China, where passenger traffic has been increasing at an above average growth rate.

Key Market Players

Major players operating 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). These players offer different products used in aircraft seating, from economy class to first class. They also have well-equipped manufacturing facilities and strong distribution networks across the North American, European, and Asia Pacific regions.

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 7500 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, “Knowledgestore” 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™ INC.

630 Dundee Road

Suite 430

Northbrook, IL 60062

USA: 1-888-600-6441

Email: Newsletter@marketsandmarkets.com

Fiberglass Mold Market worth 468 Million USD by 2024, registering a CAGR of 8.7%

The Fiberglass Mold Market size is USD 309 million in 2019 and is projected to reach USD 468 million by 2024, at a CAGR of 8.7% between 2019 and 2024. The major factor driving the market is growing demand from APAC and the emerging wind energy industry.   

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Browse in-depth TOC on “Fiberglass Mold Market”

67 – Tables

34 – Figures

111 – Pages

Epoxy resin is widely used for fiberglass molds. The epoxy resin-based Fiberglass Mold Market is estimated to account for a major share, in terms of value and volume, of the overall market in 2019. Epoxy resins are thermoset resins known for their excellent mechanical, electrical, and high heat resistance properties. They have better physical, mechanical, and adhesion properties and low shrinkage compared to other resins.

Table of Contents

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Macroeconomic Overview and Key Trends

7 Fiberglass Mold Market, By Resin Type

8 Fiberglass Mold Market, By End-Use Industry

9 Fiberglass Mold Market, By Region

10 Competitive Landscape

11 Company Profiles

12 Appendix

APAC is the largest Fiberglass Mold Market, in terms of both value and volume. China, Japan, India, South Korea, Australia are the fast-growing economies that contribute to the growth of the market in the region. The booming wind energy and automotive & transportation industries are bolstering the market for fiberglass mold in the region. APAC accounted for the largest number of wind energy installations globally in 2018, which has created demand for fiberglass molds in the region.

The major players in the Fiberglass Mold Market include Gurit Holding AG (Switzerland), Dencam Composites (Denmark), Norco Composites & GRP (UK), Janicki Industries (US), TPI Composites (US), SCHÜTZ GmbH & Co. KGaA (Germany), Indutch Composites Technology (India), Shandong Shaungyi Technology (China), EUROS GmbH (Germany), and Molded Fiber Glass Companies (US).

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Don’t miss out on business opportunities in Fiberglass Mold Market.

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About MarketsandMarkets

MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications.

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MarketsandMarkets™ INC. 
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Integrated Bridge Systems Market projected to reach $5.60 Billion by 2021

The Integrated Bridge Systems Market is estimated to be valued at USD 5.08 Billion in 2016 and is projected to reach USD 5.60 Billion by 2021, at a CAGR of 1.97% during the forecast period. The base year considered for the study is 2015, and the forecast period is from 2016 to 2021.

The report provides in-depth market intelligence regarding the market dynamics and major factors influencing the growth of the integrated bridge systems market (drivers, restraints, opportunities, and industry-specific challenges), along with an analysis of micro markets with respect to individual growth trends, future prospects, and their contribution to the integrated bridge systems market.

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Target Audience

  • Navigation Systems Manufacturers
  • Technology Support Providers
  • Solution Providers
  • Component Suppliers
  • IBS Consultants
  • Maritime Companies
  • Research Organizations

This market is driven by factors such as, the increasing trend in world trade by sea, increasing maritime navigation safety resulting in a reduction in the number of accidents, and growing maritime tourism.

The commercial ships segment is estimated to have the largest market share in the platform market segment.

On the basis of platform, the integrated bridge systems market has been segmented into commercial ships, and naval warships.  The commercial ships segment accounts for the largest market share of the integrated bridge systems market. Since seaborne trade is increasing around the world, it is expected to lead to an increase in demand for commercial ships or vessels.

The large size ships segment accounts for the largest market share in the size segment of the integrated bridge systems market

The integrated bridge systems market on the basis of size is segmented into, small size, medium size, and large size ships. The large size ship segment is estimated to have the largest market share in the integrated bridge systems market on the basis of ship size. This is due to the increasing demand for large ships and large container ships in the world, which are capable of carrying a huge volume of cargo in a single trip. Large ships are a convenient option as it is viable and economical to carry goods in bulk.

The integrated bridge systems market in Asia-Pacific is expected to grow at the highest rate

The integrated bridge systems market is divided into four geographic areas namely, North America, Europe, Asia-Pacific, and the Rest of the World (RoW).  The integrated bridge systems market is led by the Asia-Pacific region, predominantly by China. The shipbuilding industry within the Asia-Pacific region is on the rise, and the key players in the region, such as Korea, China, and Japan are making advances in their technological competencies so as to capture a greater market share of the commercial maritime industry.

Key Market Players:

The key players profiled in the integrated bridge systems market report include, Northrop Grumman Sperry Marine (U.K.), Raytheon Anschutz (Germany), FURUNO Electric Shokai Ltd. (Japan), Transas (Ireland), and L-3 Communications Mapps Inc. (Canada), among others.

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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 7500 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, “Knowledgestore” 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™ INC.

630 Dundee Road

Suite 430

Northbrook, IL 60062

USA: 1-888-600-6441

Email: Newsletter@marketsandmarkets.com

Electronic Warfare Market expected to reach $30.32 Billion by 2022, at a CAGR of 4.61% from 2017 to 2022

According to the new market research report Electronic Warfare Market by Capability (Electronic Support, Electronic Attack, Electronic Protection), Platform (Airborne, Naval, Ground, Space), Product (EW Equipment, EW Operational Support), and Region – Global Forecast to 2022″, The electronic warfare market is estimated at USD 24.20 Billion in 2017 and is projected to reach USD 30.32 Billion by 2022, at a CAGR of 4.61% from 2017 to 2022. The increasing procurement of electronic warfare systems due to the growing transnational and regional instability across the world is expected to drive the market for electronic warfare. The rising use of electronic warfare technologies for geospatial intelligence gathering is expected to further drive the electronic warfare market during the forecast period.

Browse 81 Tables and 51 Figures spread through 178 Pages and in-depth TOC on Electronic Warfare Market – Global Forecast to 2022″

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The space platform segment is projected to grow at the highest CAGR during the forecast period.

Based on platform, the space segment of the electronic warfare market is projected to grow at the highest CAGR from 2017 to 2022. With the introduction of satellite communication, military forces are trying to jam enemy satellites to seize their communication. To protect communication satellites from being jammed, militaries are procuring electronic countermeasure systems for satellites.

The electronic support segment is projected to grow at the highest CAGR during the forecast period.

Based on capability, the electronic support segment of the electronic warfare market is projected to witness the highest growth during the forecast period. Electronic support systems are deployed on various platforms. They provide communication and electronic intelligence to the military forces.

Asia Pacific is projected to be the fastest-growing market for electronic warfare during the forecast period.

The electronic warfare market in the Asia Pacific region is projected to grow at the highest CAGR during the forecast period. This growth can be attributed to the high demand from countries such as China, India, and Japan. The military budgets of these countries are increasing year-on-year due to the increasing adoption of advanced warfare techniques. These countries are adopting electronic warfare systems rather than traditional systems to keep up their military force superiority.

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Key Market Players

Major players operating in the electronic warfare market include Harris (US), BAE Systems (UK), Raytheon (US), Lockheed Martin (US), Boeing (US), SAAB (Sweden), Northrop Grumman (US), Israel Aerospace Industries (Israel), and Thales (France).

Don’t miss out on business opportunities in Electronic Warfare 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™ INC.

630 Dundee Road

Suite 430

Northbrook, IL 60062

USA: 1-888-600-6441

Email: Newsletter@marketsandmarkets.com

Epoxy Resin Market Size is projected to reach 8.77 Billion USD By 2021

The Global Epoxy Resin Market size is projected to reach USD 8.77 Billion by 2021 from the estimated USD 6.31 Billion in 2015, registering a CAGR of 5.77% between 2016 and 2021. The key drivers of the market are increasing penetration of composites, emerging demand from developing countries, and revolutionary advancements in weight reduction and safety.

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Paints & coatings is the biggest application segment for the epoxy resin market

The paints & coatings segment is the largest application and is projected to remain the same in the overall epoxy resin market, in terms of volume, during the forecast period. Economic expansion in the developing countries of Asia-Pacific will increase the demand of epoxy resin for paints & coatings application in building & construction and automotive end-use industries.

Building & construction sector expected to be the dominant end-use industry for epoxy resin

Increase in employment, increase in public & private non-residential spending, and rise of green building construction are driving the epoxy resin market in the building & construction end-use industry. Though the growth of this sector has slowed down, it would still provide opportunities for the growth of the epoxy resin market.

Asia-Pacific estimated to be the largest market during forecast period

Asia-Pacific is the largest market for epoxy resin, both in terms of volume and value, followed by North America and Western Europe. China, the U.S., and Germany are the largest producers of epoxy resins the respective regions. Building & construction is the largest consumer of epoxy resins materials in Asia-Pacific. China and Japan have the largest shares of the Asia-Pacific epoxy resin market. The market in India is witnessing the highest growth rate.

Major manufacturers operational in Epoxy Resin Market are Olin Corporation (U.S.), Nan Ya Plastics Corporation (Taiwan), Huntsman Corporation (U.S.), Hexion Inc. (U.S.), Kukdo Chemical Co. Ltd. (South Korea), Chang Chung Plastics Co. Ltd. (Taiwan), Aditya Birla Chemicals (Thailand), the 3M Company (U.S.), BASF SE (Germany), and Sinopec Corporation (China Olin Corporation (U.S.).

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Don’t miss out on business opportunities in Epoxy Resin Market.

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About MarketsandMarkets

MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications.

Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC. 
630 Dundee Road 
Suite 430 
Northbrook, IL 60062 
USA: 1-888-600-6441 
sales@marketsandmarkets.com

Structural Core Material Market worth 2.32 Billion USD by 2022, registering a CAGR of 8.8%

[150 Pages Report] Structural Core Material Market size was USD 1.40 Billion in 2016 and is projected to reach USD 2.32 Billion by 2022, at a CAGR of 8.8% during the forecast period. The use of structural core materials is becoming crucial in the wind energy, aerospace, marine, transportation, construction, and other industries. Furthermore, structural core material manufacturers are signing supply agreements with various end-use industries to secure their position in the structural core materials market. In this study, the years considered to estimate the structural core materials market size have been mentioned below.

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Based on type, the foam segment is estimated to lead the structural core materials market

Foam is the most common structural core material used in various applications due to its easy availability and low cost. Foam structural co+re materials are used in the sandwich construction of wind turbine blades, and they impart strength and stiffness while keeping the structure lightweight. PVC, PET, and SAN foams are the most popular structural core materials used in wind energy turbines. These foams are used in various applications, such as wind energy blades and nacelles, depending on their resin compatibility, temperature, manufacturing aspects, and costs. The demand for lightweight and fuel-efficient vehicles in the transportation industry is also driving the demand for foam. Moreover, they are used in various end-use industries, including marine.

Based on outer skin type, the GFRP segment is estimated to lead the structural core materials market

GFRP is a composite outer skin which is used in composite applications, especially in the wind energy, transportation, construction, and marine end-use industries. GFRP is mainly used in combination with balsa and PVC foam. GFRP panels provide a strong scratch resistant surface, chemical resistance, durability, and is lightweight. It is preferred over other building materials as it saves maintenance cost and is cheaper than other outer skins. Some of the major applications of GFRP includes wind blades, walls, and ceilings.

APAC is the key structural core materials market

In terms of volume, the APAC structural core materials market is projected to register the highest CAGR between 2017 and 2022, due to the increased demand for these materials from the wind energy and aerospace industries. In addition, easy availability of raw materials, low labor cost, growing manufacturing industries, new product developments, capacity expansions, and new plant establishments by various leading players are driving the structural core materials market in the region.

Some of the leading manufacturers of structural core materials are Diab Group (Sweden), Hexcel Corporation (US), Schweiter Technologies (Switzerland), Euro Composites (Luxembourg), Gurit Holding (Switzerland), The Gill Corporation (US), Changzhou Tiansheng New Materials Co. Ltd. (China), Plascore Incorporated (US), Armacell International (Luxembourg), and Evonik Industries (Germany). These players adopted various organic and inorganic developmental strategies between 2013 and 2017.

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Don’t miss out on business opportunities in Structural Core Materials Market.

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About MarketsandMarkets

MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications.

Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC. 
630 Dundee Road 
Suite 430 
Northbrook, IL 60062 
USA: 1-888-600-6441 
sales@marketsandmarkets.com

Aircraft Survivability Equipment Market by Platform (Combat aircraft, Combat helicopter, Special mission aircraft, UAV), Subsystem, Fit and Region — Global Forecast to 2022

Aircraft Survivability Equipment

According to the market research report Aircraft Survivability Equipment Market by Platform (Combat aircraft, Combat helicopter, Special mission aircraft, UAV), Subsystem (Electronic Support, Electronic Attack, Non-combat systems), Fit (Line fit, Forward Fit) and Region – Global Forecast to 2022″, The aircraft survivability equipment market is projected to grow from USD 3.54 Billion in 2017 to USD 4.62 Billion by 2022, at a CAGR of 5.49% from 2017 to 2022.Replacement of legacy systems with advanced combat systems, increase in asymmetric warfare, and the threat of advanced infrared (IR) and radio-frequency (RF) targeting systems are the major factors driving the aircraft survivability equipment market.

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Target Audience for this Report

  • Manufacturers of Aircraft Survivability Equipment
  • Component Manufacturers of Aircraft Survivability Equipment
  • Military Aircraft Manufacturers
  • Government and Certification Bodies

Based on platform, the UAV segment is projected to grow at the highest CAGR during the forecast period

Based on platform, the UAV (unmanned aerial vehicle) segment of the aircraft survivability equipment market is estimated to witness the highest growth rate during the forecast period. UAVs are remotely piloted aerial vehicles that have significant roles in the defense as well as commercial sectors. These aerial vehicles, also commonly termed as drones, are widely used for varied missions, such as border surveillance, mapping, surveying, weather determination, law enforcement, and targeted attack by the military. The military UAVs use ASE for protection against various known and unknown threats.

Based on subsystem, the electronic support segment is estimated to witness the highest growth during the forecast period

Based on subsystem, the electronic support segment of the aircraft survivability equipment market is projected to grow at the highest CAGR during the forecast period. The growth of this segment can be attributed to the increasing need to protect aircraft against missiles and other such threats. IFF (Identification, Friend or Foe), RWR (Radar Warning Receiver), LWS (Laser Warning System), and MWS (Missile Warning System) are the major systems included in the electronic support segment.

Based on fit, the forward fit segment is estimated to witness a higher growth rate than the line fit segment during the forecast period

Based on fit, the forward fit segment of the aircraft survivability equipment market is projected to grow at a higher CAGR than the line fit segment during the forecast period. The anticipated higher growth rate of the forward fit segment is due to the huge number of aging aircraft that will need to be upgraded with advanced systems.

The Middle East market is expected to witness the highest growth during the forecast period

Among regions, the Middle East aircraft survivability market is projected to grow at the highest CAGR during the forecast period. Increasing revenue from oil exports, GDP growth, growing tension between the US and Iran, and the ongoing war in Syria have considerably increased the military spending of countries in the Middle East region.

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Key Market Players:

Major companies profiled in the aircraft survivability equipment market report are Northrop Grumman Corporation (US), Orbital ATK, Inc. (US), Thales Group (France), Chemring Group PLC (UK), Saab AB (Sweden), BAE Systems (UK), and Israel Aerospace Industries Ltd. (Israel), among others.

Don’t miss out on business opportunities in Aircraft Survivability Equipment 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 7500 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, “Knowledgestore” 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™ INC.

630 Dundee Road

Suite 430

Northbrook, IL 60062

USA: 1-888-600-6441

Email: Newsletter@marketsandmarkets.com

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