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ECG Cables and ECG Lead wires Market worth $ 1.75 Billion by 2021

The report ECG Cable and ECG Lead wires Market by Material (Thermoplastic Elastomer, TPU), Usability (Reusable, Disposable), ECG Leadwires by Machine Type (3 lead, 5 lead), Patient Care Setting (Long term care facilities, Home care) – Forecast to 2021″, analyzes and studies the major market drivers, restraints, and opportunities in North America, Europe, Asia-Pacific, and the Rest of the World.

Browse 102 market data tables and 33 figures spread through 141 pages and in-depth TOC on “ECG Cable and ECG Lead wires Market”.

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The ECG cables and ECG leadwires market witnessed considerable growth during the last decade and is expected to grow at a CAGR of 5.7% between 2016 and 2021 to reach USD 1.75 Billion by 2021. Growth in this market can primarily be attributed to factors such as the rapidly increasing aging population, technological advancement, favoring government regulations towards monitoring devices and increasing incidences of cardiovascular diseases.

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The ECG cables and ECG leadwires market is segmented based on material, usability, leadwires by machine type, patient care setting and regions. Based on ECG cables and ECG leadwires by materials, the market is split into three, namely, TPU (Thermoplastic polyurethane), TPE (Thermoplastic elastomer) and others (Silicone, PVC). Based on usability, the ECG cables and ECG leadwires market is divided into reusable and disposable. Based on leadwires by type, the ECG leadwires market is segmented into single-lead ECG leadwire, 3-lead ECG leadwire, 5- lead ECG leadwire, 6- lead ECG leadwire, 12- lead ECG leadwire and other leadwires (15- and 18- lead ECG leadwires).

In 2015, the reusable segment accounted for the largest share in the global ECG cables and ECG leadwires market. And based on materials, the TPE (Thermoplastic elastomer) segment accounted for the largest share in the global ECG cables and ECG leadwires market.

Similarly, based on patient care setting, the ECG cables and ECG leadwires market is subsegmented into hospitals, clinics, long term care facilities and ambulatory and homecare. On the basis of geography, the ECG cables and ECG leadwires market is segmented into North America, Europe, Asia-Pacific, and Rest of the World (RoW).

North America held the largest share in the ECG cables and ECG leadwires market owing to the growing aged population and demand for remote monitoring ECG devices. On the other hand, the Asia-Pacific (APAC) region is expected to witness the highest growth rate during the forecast period.

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The market players namely, 3M Company (U.S.), Becton, Dickinson and Company (U.S.), Medtronic plc (Ireland), Koninklijke Philips N.V. (The Netherlands) and Mindray Medical International Limited (China), held major share of the ECG cables and ECG leadwires market. The companies majorly focused on strategies such as Agreements, partnerships, mergers, acquisitions and expansions to sustain their positions in the market. The other key players in the global ECG cables and ECG leadwires market include Curbell Medical Products, Inc. (U.S.), Welch Allyn, Inc. (U.S.), CONMED Corporation (U.S.), OSI Systems, Inc. (U.S.), SCHILLER AG (Switzerland).

Aircraft and Marine Turbochargers Market worth $290 million by 2023, at a CAGR of 1.41% during 2018-2023

Aircraft and Marine Turbochargers

According to the new market research report Aircraft and Marine Turbochargers Market by Platform (Aircraft, Marine, Unmanned Aerial Vehicle (UAV)), Component (Compressor, Turbine, Shaft), Technology (Single Turbo, Twin Turbo, Electro-Assist Turbo) and Region – Global Forecast to 2023″, The aircraft and marine turbochargers market is projected to grow from USD 270 million in 2018 to USD 290 million by 2023, at a Compound Annual Growth Rate (CAGR) of 1.41% during the forecast period. The major factors driving the growth of the aircraft and marine turbochargers market include increasing demand for fuel-efficient aircraft engines and flourishing maritime tourism across the globe.

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The shaft component segment of the aircraft and marine turbochargers market is projected to grow at the highest CAGR during the forecast period.

Based on component, the aircraft and marine turbochargers market has been segmented into compressor, turbine, shaft, and others. The shaft segment of the market is projected to grow at the highest CAGR from 2018 to 2023. Shafts are considered to be the most critical and costly part of aircraft and marine turbochargers.

Based on platform, the UAV segment of the aircraft and marine turbochargers market is projected to grow at the highest CAGR during the forecast period.

The UAV segment of the market is projected to grow at the highest CAGR from 2018 to 2023. The UAV segment has been further classified into tactical UAV, strategic UAV, and special purpose UAV. The market for strategic UAVs is projected to grow during the forecast period due to their increased demand across the globe, owing to their compact and efficient engines.

The European region is projected to lead the aircraft and marine turbochargers market during the forecast period.

The European region is estimated to account for the largest share of the aircraft and marine turbochargers market in 2018. The growth of the Europe aircraft and marine turbochargers market can be attributed to the presence of a large number of turbocharger manufacturers in the region that include PBS Velka Bites (the Czech Republic), Rolls-Royce (UK), and ABB (Switzerland), among others. The aircraft and their components industries in the European region are aiming to use new and advanced materials such as glass-fibers, advanced composites, and metallic materials for manufacturing turbochargers. The growth of the maritime sector in the region is one of the most significant factors contributing to the rising demand for marine turbochargers in the region.

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Key Market Players

Major vendors in the aircraft and marine turbochargers market include are Hartzell Engine Technologies (US), PBS Velka Bites (the Czech Republic), Rolls-Royce (UK), Mitsubishi Heavy Industries (Japan), Main Turbo Systems (US), ABB (Switzerland), Cummins (US), Kawasaki Heavy Industries (Japan), and MAN Energy Solutions (Germany).

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Geotextile Tubes Market Worth 3.3 Billion USD by 2024

 The [160 Pages Report] “Geotextile Tubes Market by Type (Woven, Nonwoven), End-use (Marine & Hydraulic, Environmental Engineering, Agricultural Engineering, Construction), and Region (Europe, North America, APAC, MEA, South America) – Global Forecast to 2024”, is projected to grow from USD 1.8 billion in 2019 to USD 3.3 billion by 2024 at a Compound Annual Growth Rate (CAGR) of 10.0% during the forecast period.

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Geotextile tubes are porous tubes used for dewatering and structural applications. These bags are available in various sizes, strengths, circumferences, thicknesses, etc. The commonly used materials for manufacturing geotextile tubes are polypropylene, polyamide, and polyester. Geotextile tube has suitable opening sizes and is very good as a permeable filtration material. Geotextile tubes provide efficient dewatering and volume reduction, are cost-effective, and require less maintenance and labor cost.

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The marine & hydraulic segment of the geotextile tubes market is projected to grow at the higher CAGR during the forecast period

Based on end-use, the marine & hydraulic segment is projected to grow at the higher CAGR between 2019 and 2024. The global marine & hydraulic segment has been showing robust growth in recent years due to the geotextile technology has been improving due to continuous advancements in its engineering principles and fabrication techniques. Each geotube, geobag or geocontainer is designed with well-structured design formulas and different specifications depending on the scientific properties of numerous marine coasts. For instance, sandy beach coasts have higher wave energy than muddy coast beaches. Thus, sandy beaches require high strength geotubes with specific height designs to withstand the wave forces. Additionally, sandy beach coasts also have higher bed shear strength in comparison to the bed shear strength of muddy coasts. Thus, the installation of geotextile tubes on muddy coasts leads to high maintenance costs in the long term due to the structural settlement of heavy weighted structures.

Woven geotextile tubes are projected to grow at the highest CAGR in the global geotextile tubes market

Based on type, woven geotextile tubes are expected to grow at the highest CAGR between 2019 and 2024. Woven geotextile tubes are manufactured by sewing one or more layers of high strength permeable woven geotextile fabric together to form a tube which is later filled with high water content materials by hydraulic pumping. Woven geotextile tube has fine porosity and has superior tensile strength, which allows efficient filtration. With increasing awareness and rise in ocean levels, the growth in consumption of geotextile tubes is expected to increase during the forecast period.

The market in Asia Pacific is projected to lead the global geotextile tubes market during the forecast period

The geotextile tubes market in the Asia Pacific region is expected to grow at the highest CAGR during the forecast period. This can be attributed to the long coastline of the region and rising concerns over increasing ocean levels. Furthermore, emerging countries such as China, India, and Mexico are attracting global players in establishing their manufacturing bases in these regions. In countries such as China and India, the increasing investments by the government in the infrastructure activities are expected to provide major boost to this market. The increased investments across various technological, infrastructural, and R&D sectors have enabled manufacturers of geotextile tubes to supply high-quality products to these end-users and capitalize on the increasing demand in the region. After APAC, North America has the highest CAGR during the forecast period. This region is witnessing growth in all the major end-use segments, which is maintaining the high consumption of geotextile tubes.

Major companies in the geotextile tubes market include Ace Geosynthetics (Taiwan), Officine Maccaferri (Italy), Low & Bonar (UK), Flexituff Ventures International Limited (India), TechFab India Industries Ltd (India), Geofabrics Australasia Pty Ltd (Australia), Koninklijke TenCate (Netherlands), NAUE GmbH & Co. KG (Germany), Huesker (Germany), and Fibertex Nonwovens (Denmark) are some of the leading players operating in the geotextile tubes market.

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High-performance Liquid Chromatography (HPLC) Market worth $ 4.13 Billion by 2021

According to the new market research report High-performance Liquid Chromatography (HPLC) Market by Product (Instruments (Systems, Detectors), Consumables (Columns, Filters), and Accessories), Application (Clinical Research, Diagnostics, Forensics) – Analysis & Global Forecast to 2021″, analyzes and studies the major market drivers, restraints/challenges, and opportunities.

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This report studies the global HPLCmarket for the forecast period of 2016 to 2021. This market is expected to reach 4.13 Billion by 2021 from USD 3.23 Billion in 2016, growing at a CAGR of 5.1%.

The global HPLC market is segmented on the basis of product, application, and region. On the basis application, the HPLC is segmented into clinical research, diagnostics, forensics, and other applications (including food & environmental analysis and academic research). In 2016, the clinical research segment is expected to account for the largest share of the global HPLC market.

On the basis of product, the HPLC market is categorized into instruments, consumables, and accessories. The instruments segment is estimated to account for the largest share of the global HPLC market, by product. The consumables segment is projected to grow at the highest CAGR between 2016 and 2021, primarily due to the recurring requirement of consumables. The instruments segment is further categorized into systems, detectors, pumps, and fraction collectors. In 2016, the systems segment is expected to command the largest share and the highest growth of the instruments market. The consumables segment is further categorized into columns, filters, vials, and tubes. The columns segment is estimated to grow at the highest CAGR during the forecast period. This segment is further categorized into reverse-phase HPLC columns, normal-phase/hydrophobic interaction HPLC columns, ion exchange HPLC columns, and other columns.

Browse and in-depth TOC on “High-performance Liquid Chromatography (HPLC) Market”

112 – Tables

42 – Figures

182 – Pages

Based on region, the HPLC market is divided into North America, Europe, Asia-Pacific, and the Rest of the World (RoW). The RoW region comprises Latin America, the Middle East, and Africa. In 2016, North America is projected to account for the largest share of the HPLC market, followed by Europe and Asia-Pacific. Increasing funding for R&D, preclinical activities by CROs and pharmaceutical companies, and the growing food industry in Ontario are propelling the growth of the North American HPLC market.

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The major players in the global HPLC market are Waters Corporation (U.S.), Agilent Technologies (U.S.), and Shimadzu Corporation (Japan). These companies are dominant in the HPLC market mainly due to their well-established presence in the field of chromatography, presence in over 50 countries, high R&D investments, and strong sales and distribution force. The other players in the market include Thermo Fisher Scientific Inc. (U.S.), GE Healthcare (U.S.), PerkinElmer, Inc. (U.S.), Bio-Rad Laboratories, Inc. (U.S.), Gilson, Inc. (U.S.), Phenomenex, Inc. (U.S.), and JASCO, Inc. (U.S.).

Marine Seats Market expected to reach $2.5 billion by 2025, at a CAGR of 4.7% from 2019-2025

Marine Seats Market

This report provides a deep-dive analysis of the Marine Seats Market from 2019 to 2025. It discusses the industry and technology trends currently prevailing in the market, along with the drivers, challenges, and opportunities that are influencing the market growth.

The Marine Seats Market is projected to grow from USD 1.9 billion in 2019 to USD 2.5 billion by 2025, at a CAGR of 4.7% during the forecast period. The marine seats market in North America is expected to witness substantial growth during the forecast period due to the increasing investments in the recreational boating industry and increasing demand for motor boats. Manufacturers are focused on developing technologically-advanced marine seats. For instance, Ullman Dynamics manufactures ergonomically perfect suspension seats for high speed crafts.

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The commercial marine seats segment is expected to grow at the highest CAGR during the forecast period. The commercial segment includes bulk carriers, cruise ships, passenger ferries, dry cargo vessels, tankers, gas tankers, research vessels, dredgers, fishing vessels, motor boats, and other vessels (offshore supply vessels, other offshore vessels). Suspension seating is expected to replace conventional marine seats in high speed crafts over the next few years due to their higher shock absorption capacity and greater levels of control. Demand for highly efficient marine seats, which consume less energy, is fueling the growth of the marine seats market.

The aftermarket segment is estimated to account for a larger share of the marine seats market in 2019. Early wear and tear of marine seats and marine upholstery in a wide range of vessels, such as military and commercial vessels, is expected to drive the aftermarket for marine seats.

In terms of geographic coverage, the marine seats market has been segmented into four regions, namely, North America, Europe, Asia Pacific (APAC), and Rest of The World, which includes the Middle East and Latin America. North America is estimated to account for the largest share of the marine seats market in 2019. Recreational boating, especially in countries such as the US, the UK, Italy, and Japan, has led to an increased demand for marine seats.

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The trend of suspension systems in marine seating across numerous high-speed crafts in tandem with the increasing investments for it and the advancements in marine upholstery are expected to open opportunities for the market. Companies are anticipated to tap into these opportunities to increase their presence in the marine seats industry during the forecast period.

Key Market Players

The key players in the marine seats market are West Marine (US), Norsap (Norway), TRESEA (China), Scott Seats (Scotland), and STIDD Systems (US).

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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, and 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.

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Synthetic Aperture Radar Market expected to reach $4.21 Billion by 2021, at a CAGR of 11.75% from 2017 to 2022

Synthetic Aperture Radar

The report “Synthetic Aperture Radar Market by Frequency Band (X, L, C, S, K/Ku/Ka, UHF/VHF), Component (Receiver, Transmitter, Antenna), Platform (Airborne, Ground), Application Area (Defense, Commercial), Mode (Multimode, Single mode), and Region – Global Forecast to 2022“, The synthetic aperture radar market is projected to grow from USD 2.41 Billion in 2017 to USD 4.21 Billion by 2022, at a CAGR of 11.75% from 2017 to 2022.

Browse 109 Market Data Tables and 43 Figures spread through 168 Pages and in-depth TOC on “Synthetic Aperture Radar Market – Global Forecast to 2022”

Early buyers will receive 10% customization on this report.

With the growing demand for multi-temporal satellite imagery and up-to-date situational awareness in disaster situations, the need for robust change detection methods is constantly increasing. Various building/infrastructure damage detection methods have been introduced in recent years, which are expected to drive the synthetic aperture radar market between 2017 and 2022.

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Based on frequency band, the X band segment is projected to lead the synthetic aperture radar market during the forecast period.

Based on frequency band, the X band segment is expected to lead the synthetic aperture radar market during the forecast period. The X band synthetic aperture radars are used for defense surveillance, weather forecasting, agriculture, and analysis of wind movement on the ocean surface. They also offer medium-resolution mapping as well as ground surveillance, as they are used in unmanned vehicles.

Based on application area, the commercial segment of the synthetic aperture radar market is projected to witness the highest growth during the forecast period.

Based on application area, the commercial segment is projected to witness the highest growth during the forecast period. The growth of this segment can be attributed to the use of commercial SAR radars in land applications (geology and agriculture), infrastructure management (such as surface movement monitoring), etc.

Based on mode, the multimode segment of the synthetic aperture radar market is projected to witness the highest growth during the forecast period.

Based on mode, the multimode segment of the synthetic aperture radar market is projected to grow at the highest rate during the forecast period. Synthetic aperture radars operate in different imaging modes by controlling the antenna radiation pattern. Synthetic aperture radars using multimode are in huge demand due to their ability to capture images based on application requirement.

The North American region is expected to lead the synthetic aperture radar market during the forecast period.

The North American region is expected to lead the synthetic aperture radar market during the forecast period. The growth of the North America synthetic aperture radar market can be attributed to the increased demand for radar systems in surveillance activities. In addition, the US military is replacing its legacy radars with highly advanced synthetic aperture radars, which is fueling the growth of the synthetic aperture radar market in the region.

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Key Market Players

Major companies profiled in the synthetic aperture radar market report are Lockheed Martin Corporation (US), Northrop Grumman Corporation (US), Raytheon Company (US), Thales Group (France), etc.

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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.

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Weigh-In-Motion System Market Opportunities, Challenges & Entry Strategy.

According to the new market research report Weigh-In-Motion System Market by Type (In-Road, Bridge Weigh, Onboard), Vehicle Speed (Low, High), Component (Hardware, Software & Services), End-Use Industry (Highway Toll, Oil & Refinery, Logistics), Sensors, function and Region-Global Forecast to 2026″, published by MarketsandMarkets™, The Weigh-In-Motion System Market is estimated to be USD 913 million in 2019 and is projected to reach USD 1,656 million by 2026, at a CAGR of 8.89%.

The increasing government initiatives towards intelligent transportation system, increasing public-private partnerships (PPPs), increasing traffic congestion, and low cost compared with static weigh system are projected to drive the Weigh-In-Motion System Market.

Browse and in-depth TOC on “Weigh-In-Motion System Market”           

77 – Tables
51 – Figures
163 – Pages

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Europe and the Asia Pacific are estimated to be the largest and fastest growing market for the weigh-in-motion system, respectively

Europe is estimated to be the largest Weigh-In-Motion System Market during the forecast period due to increased freight traffic and free movement of goods between European countries, which have increased traffic in national and international highways in toll plazas. WIM systems are used to detect overweight vehicles without disturbing the traffic flow. The Asia Pacific WIM system market is estimated to be the fastest growing market because of increasing investments in the intelligent transportation system, smart traffic management, and smart cities, especially in China and India.

The low-speed WIM system segment is estimated to be the largest Weigh-In-Motion System Market, by vehicle speed

The low-speed WIM system segment is estimated to dominate the Weigh-In-Motion System Market. The low-speed system offers various advantages such as low operating cost, low maintenance, ease of installation, and higher accuracy than the high-speed weigh-in-motion systems. Low-speed systems are installed in logistics centers, oil & refinery, agriculture, and mining industries. According to inputs from industry experts, industries such as mining and agriculture are potential markets for the low-speed WIM system. In the Asia Pacific and North America, most of the highway tolls are equipped with low-speed weigh-in-motion systems. The key reason behind the high adoption rate of a low-speed weigh-in-motion system in the Asia Pacific region is the low cost compared to the high-speed weigh-in-motion system. In North America, regularity authorities do not allow a system with lower accuracy.

The onboard system is expected to grow at the highest CAGR in the Weigh-In-Motion System Market during the forecast period

The onboard weigh-in-motion system is fitted to the vehicles, rather than to the road. This system can transfer vehicle weight information at any point of time from a moving vehicle to the data storage system. As of 2019, the onboard system had a very less market share. However, it is expected to be the fastest growing market during the forecast period. According to insights from industry experts, the onboard system is the future of the WIM system market. The onboard weigh-in-motion system has numerous advantages over other systems. It has low cost, requires less maintenance, and can work at any vehicle speed.

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Some of the key players in the Weigh-In-Motion System Market are Kapsch TrafficCom (Austria), Q-Free (Norway), METTLER TOLEDO (US), Avery Weigh-Tronix (Illinois Tool Works) (US), TE Connectivity (Switzerland), International Road Dynamics (Quarterhill) (US), Kistler (Switzerland), TransCore (Roper Technologies) (US), Axis Communications (Sweden), and EFKON (Austria).

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Truck Platooning Market by Type (DATP, Autonomous), Systems (ACC, AEB, FCW, GPS, HMI, LKA, BSW), Sensor (Lidar, Radar, Image), Services (Telematics- ECall, ACE, Tracking, Diagnostics, & Platooning- Pricing, Match Making), Region – Global Forecast to 2030

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, “Knowledge Store” 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: sales@marketsandmarkets.com
Research Insight: https://www.marketsandmarkets.com/ResearchInsight/weigh-in-motion-market.asp
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Amphibious Vehicles Market worth $3.70 Billion by 2022 ← Exclusive Report by MarketsandMarkets

Amphibious Vehicles

The report Amphibious Vehicle Market by End User (Defense, Commercial), Application (Surveillance & Rescue, Water Transportation, Sports, Excavation), Propulsion (Screw Propeller, Water Jet, Track-Based), and Region – Global Forecasts to 2022″, The amphibious vehicles market is projected to grow from USD 2.39 Billion in 2017 to USD 3.70 Billion by 2022, at a CAGR of 9.13% during the forecast period. The base year considered for the study is 2016 and the forecast period is from 2017 to 2022.

Browse 106 market data tables and 41 figures spread through 180 pages and in-depth TOC on “Amphibious Vehicle Market – Global Forecasts to 2022”

https://www.marketsandmarkets.com/Market-Reports/amphibious-landing-craft-market-53888969.html

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Factors such as increasing demand from defense forces for amphibious combat vehicles owing to rising conflicts, and demand for amphibious excavators for dredging and excavation are some of the factors which are expected to drive the amphibious vehicles market.

Based on application, the excavation segment is projected to witness high growth during the forecast period

Based on application, the excavation segment of the amphibious vehicles market is projected to witness high growth from 2017 to 2022, as these vehicles are used for various purposes such as excavations for bridge or water way constructions, land reclamation, and trash & debris removal.

Based on end user, the commercial segment is projected to witness high growth during the forecast period

Based on end user, the commercial segment of the amphibious vehicles market is projected to witness high growth from 2017 to 2022. This growth can be attributed to the increasing use of amphibious excavators for dredging applications, which are majorly used by governments to carry out maintenance of river beds, swamps, lakes, ponds, and reservoirs.

Based on propulsion, the tack-based segment is projected to witness high growth during the forecast period

Based on propulsion, the track-based segment of the amphibious vehicles market is projected to witness high growth during the forecast period. Tracked armored vehicles enabled with amphibious capabilities are intended for use in amphibious assaults. Such vehicles are used as armored fighting vehicles and personnel carriers and thus reduce dependency on destroyable and easily targeted bridges during conflicts.

Asia-Pacific is expected to be the fastest-growing amphibious vehicles market during the forecast period

The amphibious vehicles market in the Asia-Pacific is expected to grow at the highest CAGR during the forecast period. The prime concern in the Asia-Pacific region is rising terrorism, which drives the demand for the upgradation of surveillance capabilities. This is expected to lead to the growth in demand for amphibious vehicles and is thus expected to drive the market in this region.

Key Market Players

Major players in the amphibious vehicles market include BAE Systems (U.K.), General Dynamics Corporation (U.S.), Lockheed Martin Corporation (U.S.), Rheinmetall AG (Germany), Hitachi Construction Machinery (Europe) N.V. (Netherlands), EIK Engineering Sdn. Bhd. (Malaysia), Wetland Equipment Company, Inc. (U.S.), Wilco Manufacturing LLC (U.S.), and Marsh Buggies Incorporated (U.S.).

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