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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.

Don’t miss out on business opportunities in Synthetic Aperture Radar 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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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).

Browse Related Reports:

Artificial Intelligence in Transportation Market by Machine Learning (Deep Learning, Computer Vision, Context Awareness, NLP), Application (Semi & Full-Autonomous, HMI, Platooning), Offering (Hardware, Software), Process, and Region – Global Forecast to 2030

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.

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MarketsandMarkets™ INC.
630 Dundee Road
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Email: sales@marketsandmarkets.com
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Dynamic Positioning System (DPS) Market expected to reach $1.82 Billion by 2021, at a CAGR of 2.36% from 2016 to 2021

Dynamic Positioning System

The report “Dynamic Positioning System (DPS) Market by Subsystem (Power Systems, Thruster Systems, DP Control Systems, and Sensors), Application (Passenger Ship, Merchant Vessel, Offshore Vessel, and Naval Vessel), Equipment Type, and Region – Global Forecast to 2021“, The dynamic positioning systems market is projected to grow from USD 1.62 Billion in 2016 to USD 1.82 Billion by 2021, at a CAGR of 2.36% during the forecast period. The base year considered for the study is 2015 and the forecast period is from 2016 to 2021.

Browse 94 market data Tables and 94 Figures spread through 214 Pages and in-depth TOC on “Dynamic Positioning System (DPS) Market”

Early buyers will receive 10% customization on this report.

Factors, such as increase in the number of offshore patrol vessels, technological advancements, and expansion in oil & gas refineries worldwide are expected to drive the dynamic positioning systems market.

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Based on equipment type, the Class 3 segment of the dynamic positioning systems market is expected to grow at the highest CAGR during the forecast period

Class 3 dynamic positioning systems provide accurate location of a vessel as compared to other equipment types. Manufacturing companies prefer Class 3 DP systems, as they are high technologically advanced. This factor is expected to fuel the growth of the Class 3 segment. Class 3 systems hold a vessel in its exact position where it has to be even in extreme conditions, such as high tides, fire caused in the vessel, among others.

Based on application, the merchant vessels segment is expected to grow at the highest rate during the forecast period

Based on application, the merchant vessels segment of the dynamic positioning systems market is estimated to grow at the highest CAGR during the forecast period. Increasing use of dynamic position (DP) vessels for offshore drilling by oil industries is fueling the growth of the merchant vessels segment.

Africa is projected to grow at the highest CAGR during the forecast period

Africa is one of the fastest-growing markets for dynamic positioning systems due to increase in the end users of dynamic positioning systems. Africa’s economic development was fueled by activities related to extraction of massive energy sources. Due to the presence of a significant number of natural resources, various non-African companies are willing to contribute towards the development of the African maritime sector. The marine port will serve as a gateway for East African landlocked countries, such as Uganda, Malawi, Rwanda, Burundi, Zambia, and the Democratic Republic of Congo.

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Key Market Players

Major players in the Dynamic Positioning System Market are General Electric Company (U.S.), Rolls-Royce plc. (U.K.), ABB Group (Switzerland), L-3 Communications Holdings, Inc. (U.S.), Wartsila Oyj Abp (Finland), and Kongsberg Gruppen ASA (Norway).

Don’t miss out on business opportunities in Dynamic Positioning System 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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GLOBAL CONNECTED SHIP MARKET

Connected Ship Market Expected to Reach $7.19 Billion by 2023, at a CAGR of 3.95%

According to the new market research report Connected Ship Market by Application (Vessel Traffic Management, Fleet operations, Fleet Health Operations), Installation Type (Onboard, Onshore), Ship Type (Commercial, Defense), Fit (Linefit, Retrofit), Region – Global Forecast to 2023″.

The connected ship market is projected to grow from USD 5.92 billion in 2018 to USD 7.19 billion by 2023, at a CAGR of 3.95% from 2018 to 2023. The growth of the market can be attributed to the incorporation of the Information and Communication Technology (ICT) in the global marine industry, increased budgets of shipping companies for digitalization of their vessels, growth of the seaborne trade across the globe, need for situational awareness among fleet operators, and growth of the maritime tourism industry.

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Browse 145 market data Tables and 51 Figures spread through 183 Pages and in-depth TOC on “Connected Ship Market – Global Forecast to 2023”

View detailed Table of Content here –https://www.marketsandmarkets.com/Market-Reports/connected-ship-market-177031595.html

Based on ship type, the defense segment of the connected ship market is projected to grow at a higher CAGR than the commercial segment during the forecast period.

Based on ship type, the connected ship market has been segmented into commercial and defense. The defense segment of the market is projected to grow at a higher CAGR than the commercial segment from 2018 to 2023. The growth of this segment of the market can be attributed to the extensive use of connected ships by the naval forces of different countries.

Based on application, the fleet operations segment is projected to lead the connected ship market from 2018 to 2023.

Based on application, the connected ship market has been segmented into fleet operations, fleet health monitoring, and vessel traffic management. The fleet operations segment is projected to lead the connected ship market during the forecast period. The growth of this segment can be attributed to increased demand for real-time data exchange among different ships and ports by a number of merchant shipping companies.

The Europe connected ship market is projected to grow at the highest CAGR during the forecast period.

The connected ship market has been studied for North America, Europe, Asia Pacific, and the Rest of the World (RoW). The European region is projected to lead the connected ship market from 2018 to 2023. The growth of the Europe connected ship market can be attributed to the increased demand for autonomous ships and cruises from the region. Moreover, the European region is one of the prime consumers of marine electronic equipment as some of the leading shipbuilding countries such as Germany, France, Italy, and Russia are in this region.

The key players operating in the connected ship market report are Northrop Grumman (US), General Electric (US), Wartsila (Finland), Kongsberg Grumman (Norway), and Marlink (Norway).

Don’t miss out on business opportunities in Connected Ship 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 
sales@marketsandmarkets.com

Centrifugal Pump Market Comprehensive Research and Forecast to 2022

The report Centrifugal Pump Market by Type (Overhung Impeller, Vertically Suspended, and between Bearing), Stage (Single Stage, Multistage), End-User (Water and Wastewater, Chemicals, Oil & Gas, Power, Commercial and Residential), and Region – Global Forecast to 2022″, The centrifugal pump market is expected to grow from an estimated USD 30.65 billion in 2017 to USD 36.98 billion by 2022, at a CAGR of 3.83%, during the forecast period. The market is set to witness growth due to increasing investments in infrastructure development and rising demand from the industrial sector.

Browse 69 tables and 40 figures spread through 154 pages and in-depth TOC on “Centrifugal Pump Market – Global Forecast to 2022”

The single stage centrifugal pump market is expected to be the largest centrifugal pump market, by stage, in 2017.

The single stage pump segment is expected to be the largest segment of the centrifugal pump market, by stage, in 2017. These pumps are widely used in the industrial sector as they can handle large flow volumes of fluids. Increased investments in infrastructure and solar power plants and the growing household sector in developing countries are the key drivers of the single stage centrifugal pump market.

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The vertically suspended centrifugal pump market is expected to be the second-largest centrifugal pump market, by type, during the forecast period.

Vertically suspended pumps are self-priming and use 75% less floor space than horizontal pumps with electric motor drives. An increase in the demand for multistage pumps with high pressure in high rise commercial buildings, the petroleum, oil & gas, and industry process services, and cooling power systems are the major factors driving the market for vertically suspended pumps.

Europe: Key market for centrifugal pumps during the forecast period.

In this report, the centrifugal pump market has been analyzed with respect to 6 regions, namely, Asia Pacific, Europe, North America, South America, the Middle East, and Africa. Europe is expected to be the second-largest centrifugal pump market, by region, during the forecast period. The increased demand from the water and wastewater sector, moderate demand from the construction and mining sectors, the growing awareness of energy savings, high per capita income, and supportive government plans are expected to drive the market for centrifugal pumps in this region. Germany, Russia, and the UK are the leading countries which will contribute to the growth of the centrifugal pump market in Europe.

Scope of the Report:

    By Pump Type

  • Overhung Impeller
  • Vertically Suspended
  • Between Bearing

    By Stage

  • Single Stage
  • Multistage

    By End User

  • Industrial
  • Commercial and Residential

    By Region

  • Asia Pacific
  • Europe
  • North America
  • Middle East
  • South America
  • Africa

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To enable an in-depth understanding of the competitive landscape, the report includes the profiles of some of the top players in the centrifugal pump market such as ITT (US), Flowserve (US), KSB (Germany), Sulzer (Switzerland), Grundfos (Denmark), and Ebara (Japan).

Browse More Related Reports:

Oil & Gas Pumps Market by Type (Centrifugal, Positive Displacement (Screw Pumps, Reciprocating Pumps, Rotary & Gear Pumps, Progressive Cavity Pumps), Cryogenic), Application (Upstream, Midstream, Downstream), Region – Global Forecast to 2023

Intelligent Pump Market by Pump Type (Centrifugal & Positive Displacement), Component (Pumps, Variable Drives, & Control Systems), End-User (Building Automation, Water & Wastewater, Oil & Gas, Chemicals, & Power Generation) – Global Forecast to 2021

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: newsletter@marketsandmarkets.com

Marine Gensets Market worth $5.40 Billion by 2021

According to the new market research report Marine Gensets Market by Vessel type (Commercial vessel, Defense vessel, & Offshore vessels), Fuel (Diesel fuel, Gas fuel, & Hybrid fuel), Rating (less than 1,000kW, 1,001-3,000 kW, 3,001-10,000kW & more than 10,000kW) & Region – Global Forecast to 2021″, published by MarketsandMarkets™, The global marine gensets market is forecasted to grow from USD 4.50 Billion in 2016 to USD 5.40 Billion by 2021 at a CAGR of 3.71%. The marine gensets market is mainly driven by growth in ship-building industry and enforcement of stringent emission norms by IMO (International Maritime Organization), US EPA, and European Commission.

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The demand for marine genset market is projected to be largest in Asia-Pacific region. The marine gensets market is mainly driven by the rise of ship-building industry, especially in China, South Korea, and Japan, which are the front runner of new-builds in 2015. Market players can see this as an opportunity to expand via new plants and facilities as well as joint ventures with local manufacturers to increase their revenue growth in this region.

Browse and in-depth TOC on “Marine Gensets Market

92 – Tables

55 – Figures

155 – Pages

View more detailed TOC @

https://www.marketsandmarkets.com/Market-Reports/marine-genset-market-89771436.html

Diesel fuel will dominate the marine gensets by fuel-type segment market. Diesel fuel marine gensets is estimated to lose some market share to natural gas and alternative fuel gensets. One of the factors working against diesel fuel marine gensets is the increasing stringency of emission regulations occurring globally. Despite this hindering factor, diesel fuel gensets are still in high demand as they offer several advantages compared with other fuel types such as a longer engine lifespan, lower maintenance costs, and safe fuel storage.

Asia-Pacific will lead marine gensets market

The report also segments the marine gensets market into six regions, namely, North America, Asia-Pacific, Europe, Middle East & Africa, and Latin America. Asia-Pacific region is expected to dominate the marine gensets market and is also expected to be the fastest growing in the projected period. The marine gensets market is mainly driven by the rise of ship-building industry, especially in China, South Korea, and Japan, which accounted for more than 80% of new-builds in 2015. China will be the fastest growing market for marine gensets with growing investments in the ship-building industry.

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Caterpillar Inc., Cummins Inc., MAN Diesel & Turbo SE (Germany), Wärtsilä (Finland), Mitsubishi Heavy Industries (Japan), Rolls-Royce Power Systems AG (Germany), Yanmar (Japan)  and Deutz AG (Germany) are the market leaders of marine gensets market.

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

Epoxy Resin Market expected to stand at 8.77 Billion USD by 2021, at a CAGR of 5.77%, between 2016–2021

The [179 pages report] “Epoxy Resin Market by Physical Form (Liquid, Solid, and Solution), Application (Paints & Coatings, Adhesives & Sealants, Composites), End-Use Industry (Building & Construction, Aerospace, Wind Power, Marine, Consumer Goods) – Global Forecast to 2021“, published by MarketsandMarkets, the 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.

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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.

Key players in the epoxy resin market

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.) are some of the major players in the global Epoxy Resin market profiled in this report.

Early buyers will receive 10% customization on this report.

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. 
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Suite 430 
Northbrook, IL 60062 
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Coastal Surveillance Market by Application, End User, Structure and Scale | Global Forecast to 2021

The report “Coastal Surveillance Market by Application (C2, Communication, Computers, Intelligence, Surveillance & Reconnaissance, and Electronic Warfare), End Use (Naval, Coast Guard), Structure (National, Regional, and Port), Scale – Global Forecast to 2021“, The coastal surveillance market is projected to reach USD 34.34 Billion by 2021, at a CAGR of 3.38% from 2016 to 2021. Factors such as increased demand for network-centric warfare along with the growing demand for market and competitive intelligence are expected to drive the coastal surveillance market.

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Target Audience

  • All Departments Pertaining to coastal surveillance
  • Armed Services
  • Defense System Manufacturers
  • Defense Software Providers
  • Sub-component Manufacturers
  • Original Equipment Manufacturers (OEMs)
  • Component Suppliers

The Intelligence application segment in the coastal surveillance market is expected to witness high growth during the forecast period.

The key applications considered for the coastal surveillance market study are command & control, communication, computers, intelligence, surveillance & reconnaissance, and electronic warfare. The intelligence segment is projected to grow at the highest CAGR during the forecast period, as it acts as a force-multiplier by providing advanced situational awareness to armed forces and is the greatest attribute to militaries wielding such platforms as manned and maritime surveillance. The surveillance and reconnaissance application segment is the second highest growing market in the coastal surveillance market over the forecast period.

The naval segment to dominate the coastal surveillance market with the highest market share

The naval segment is projected to have the highest market share in the coastal surveillance market, by end-user. Naval surveillance systems are used to provide surface patrolling whereby these detect and track small targets from the vessel and offer uninterrupted, all-weather surface surveillance to the navy. It monitors the near lower airspace around the vessel and is capable of detecting and tracking both propeller and jet aircraft up to a certain altitude providing low airspace monitoring and surveillance for the navy. It also provides the UAV control and missile detection & guidance facility to the naval vessel. It is used for search and rescue operations by the navy in case of missing ships and vessels.

The coastal surveillance market is expected to witness the highest growth in the Asia-Pacific region.

The Asia-Pacific region is expected to experience extensive growth opportunities during the next few years. The increase in defense spending among countries in the APAC region has increased opportunities for coastal surveillance applications. The rise in conflicts among neighboring countries in the APAC region and the threats from growing terrorism are reasons driving this market in this region. With geopolitical tensions in the South China Sea and border issues in many countries, procurement of coastal surveillance equipment will increase across the region.

Key Market Players

Key players profiled in the coastal surveillance market report include Northrop Grumman Corporation (U.S.), Thales Group (France), Terma A/S (Denmark), Kongsberg Gruppen (U.K.), SAAB AB (Sweden), Elbit Systems Ltd. (Israel), and Indra Sistemas S A,(Spain), among others.

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