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Specialty Polystyrene Resin Market Size is projected to reach 126 million USD By 2023

According to the new research [152 Pages report]”Specialty Polystyrene Resin Market by Function (Protection, Insulation, Cushioning & Others), Application (Protective Packaging, Building & Construction, Automotive & Transportation, Electronics, Healthcare), and Region – Global Forecast to 2023″, published by MarketsandMarkets™, the Specialty Polystyrene Resin Market is projected to grow from USD 111 million in 2018 to USD 126 million by 2023, at a CAGR of 2.64% during the forecast period. The major factors driving the Specialty Polystyrene Resin Market include the increase in demand for protection from end-use industries such as packaging, building & construction, healthcare, and electrical & electronics. Focus on the reduction of greenhouse gas emissions and strict government regulations on the construction of energy-efficient buildings with better insulation properties are expected to drive the demand for specialty polystyrene resin.

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The protection segment is estimated to be the largest function in Specialty Polystyrene Resin Market during the forecast period.

The protection function of specialty polystyrene resin includes tensile, bending absorbing impact, sudden force, load bearing and others, which are mostly needed in industries such as automotive and building & construction. The demand for this segment has increased the demand for specialty polystyrene resin globally. Specialty polystyrene resin used in the packaging application are made up of material types such as PS, PU, PO, and others including PVDF and PVC. Specialty polystyrene resin is the most versatile type of polymer foam. It is lightweight, composed of individual cells of low-density PS, and has high strength-to-weight ratio because its cells are not cross-linked, making them the perfect material for the protection function.

The protective packaging segment is estimated to be the largest application during the forecast period.

Globally, the protective packaging application is driving the specialty polystyrene resins market because it is one of the finest packaging options for any high-value heavy products and industrial products, which are entirely protected and safe from transportation and handling risks. These industrial products range from breakable pharmaceutical products electronic components, electrical consumer goods, toys to horticultural or garden products. These products reach consumers in perfect condition because of their specialty polystyrene resin packaging. Specialty polystyrene resin-based packaging foam adjusts to integrated production systems. It is cost-efficient, versatile, effective, and is easy to handle as it has no sharp edges or staples. It can also protect sophisticated machinery from any damage.

APAC to hold the largest share of the Specialty Polystyrene Resin Market during the forecast period.

APAC has emerged as the leading consumer and producer of specialty polystyrene resin. The easy availability of low-cost labor and economical & accessible raw materials are driving foreign investments, which are increasing the production of specialty polystyrene resin in the region. APAC is also the fastest-growing Specialty Polystyrene Resin Market.

The major vendors in the specialty polystyrene resin market are Sekisui Plastics Co., Ltd. (Japan), NOVA Chemicals Corporation (Canada), Synthos (Poland), BASF SE (Germany), SUNPOR KUNSTSTOFF GmbH (Austria), Atlas EPS (US), VERSALIS (Italy), SABIC (Saudi Arabia), LG Chem, Ltd. (South Korea), BEWiSynbra Group AB (publ) (Sweden), Samsung Fine Chemicals Co., Ltd (South Korea), Total S.A. (France), and Trinseo (US).

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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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eVTOL Aircraft Market expected to reach $411 million by 2030, at a CAGR of 20.42%, over 2025–2030

This report provides an analysis of the eVTOL Aircraft Market for the next twelve years. It discusses industry and technological trends that are currently prevailing in the market. It analyses factors driving and restraining the growth of this market, as well as the challenges faced by it. The market is estimated to be USD 162 million in 2025 and is projected to reach USD 411 million by 2030, at a CAGR of 20.42% during the forecast period.

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Key factors fueling the growth of this market include increasing demand for enhanced operational efficiency, reduced human intervention, and an increase in investment activities around the world. Also, initiatives being undertaken by the governments of various regions to support urban air mobility for establishing smart cities have led to a demand for eVTOL aircraft in urban megacities. For instance, in 2018, the European Commission partnered with the European Innovation Partnership in Smart Cities and Communities to establish infrastructures that support air mobility and small-scale aircraft operations in the urban areas of Europe.

Based on lift technology, the eVTOL aircraft market has been segmented into vectored thrust, multirotor, and lift plus cruise. The vectored thrust segment is projected to grow at the highest CAGR during the forecast period. The increasing demand for air taxi for intercity and intracity transportation at a lesser cost than conventional aircraft is one of the major factors driving the growth of this segment. In September 2017, Lilium developed a five-seat flying taxi with the vectored-thrust lift technology, worth USD 90 million, which is capable of a vertical take-off and jet-powered flight.

Based on mode of operation, the market has been segmented into optionally piloted and piloted. The autonomous segment is projected to grow at a higher CAGR during the forecast period. The demand for autonomous eVTOLs for commercial applications, such as air taxi, personal transportation, and cargo delivery within a shorter time span has enhanced the growth of this segment.

Based on range, the market has been segmented into 0–200 kilometers and 200–500 kilometers. The 0–200 kilometers segment is projected to witness a higher growth rate during the forecast period. eVTOLs with on-demand service will be ideal for intracity and intercity air transportation for passengers and cargo owing to their capability of the point-to-point drop. This efficiency is expected to lead to their higher demand during the forecast years.

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Based on application, the market has been classified into commercial, military, and cargo. The commercial segment is anticipated to witness the highest growth rate during the forecast period. The rise in urban population and their increasing disposable incomes are expected to boost the growth of this segment.

Based on type of propulsion, the eVTOL aircraft market has been divided into electric battery, electric hybrid, and electric hydrogen. The electric battery segment is expected to witness the highest growth rate during the forecast period. In December 2018, LIFT Aircraft (US) publicly announced Hexa, its electric battery single seater eVTOL aircraft aimed for short-distance commutes. With rising fuel emissions, which are adversely affecting the environment, vendors in the eVTOL aircraft market will be focusing on electric battery segment to increase their market share.

Based on Maximum Take-off Weight (MTOW), the market has been segmented into <250 kilograms, 250–500 kilograms, 500–1,500 kilograms, and >1,500 kilograms. The <250 kilograms segment is projected to witness the highest growth rate during the forecast period. With countries such as the US and China approving the operations of aircraft with MTOW <250 kilograms for commercial aviation, the manufacturers of eVTOL aircraft will be focusing on this segment to increase their market share.

Key Market Players

Some of the key players profiled in the eVTOL aircraft market report include Kitty Hawk (US), Lilium (Germany), EHang (China), Volocopter (Germany), Bell Helicopter (US), and A3 by Airbus (US). Partnerships, expansions, and new product launches were key strategies adopted by these players to achieve growth in the market. These strategies accounted for the major share of the total growth strategies adopted by the leading players in 2018.

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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 pain points around revenues decisions.

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

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

Contact:

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MarketsandMarkets™ INC.

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Email: Newsletter@marketsandmarkets.com

Thermoplastic Composites Market expected to stand at 41.93 Billion USD by 2022, at a CAGR of 8.34%, between 2017–2022

The report [147 pages] Thermoplastic Composites Market Fiber Type (Glass, Carbon), Resin Type (PP, PA, PEEK), Product Type (Short Fiber, Long Fiber, Continuous Fiber, Glass Mat), Application (E&E, Transportation, A&D) and Region – Global Forecast to 2022″, The thermoplastic composites market is projected to grow from USD 28.09 Billion in 2017 to USD 41.93 Billion by 2022, at a CAGR of 8.34% between 2017 and 2022.

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Based on fiber type, the carbon fiber thermoplastic composites segment of the Thermoplastic Composites Market is projected to grow at the highest CAGR, in terms of both value as well as volume during the forecast period.

Carbon fiber thermoplastic composites are usually employed in high-end applications such as sports vehicles or luxury cars, and aerospace & defense applications due to their high costs. Carbon fiber thermoplastic composites offer maximum strength and high-performance with minimum weight. They also offer the ease of processing with less time involved. The use of carbon fiber thermoplastic composites as advanced engineering materials is fueling the growth of the Thermoplastic Composites Market across the globe.

The electrical & electronics application segment is projected to lead the Thermoplastic Composites Market, in terms of value and volume between 2017 and 2022.

The electrical & electronics application segment is projected to lead the Thermoplastic Composites Market across the globe due to increased use of thermoplastic composites in electrical & electronics and consumer goods applications. Thermoplastic composites are being increasingly used in electrical & electronics applications, owing to their high impact resistant, increased strength, and improved durability. They also reduce the overall weight of the electrical & electronics components. Thermoplastic composites are extensively used to manufacture enclosures, conduit systems, braided shielding, and assembly tools, wherein both, lightweight and advanced corrosion resistance properties are essential.

The Asia Pacific region is projected to be the largest market for thermoplastic composites from 2017 to 2022.

The Asia Pacific Thermoplastic Composites Market is projected to grow at the highest CAGR during the forecast period, in terms of both, value as well as volume. The growth of the Asia Pacific Thermoplastic Composites Market can be attributed increased demand for thermoplastic composites from emerging economies such as China and India of the region. Increasing use of thermoplastic composites in transportation, aerospace & defense, and electrical & electronics applications are the major drivers responsible for the growth of the Asia Pacific Thermoplastic Composites Market. China is projected to be largest market for thermoplastic composites in the Asia Pacific region. The growth of the China Thermoplastic Composites Market can be attributed to the growing manufacturing sector of the country. India offers huge scope and opportunities for the growth of Thermoplastic Composites Market due to rapid increase in its middle-class population leading to increased consumption of consumer goods in India and continuous industrialization taking place in the country.

Celanese Corporation (US), DuPont (US), Royal DSM N.V. (Netherlands), Koninklijke Ten Cate bv (Netherlands), SABIC (Saudi Arabia), Lanxess AG (Germany), Solvay S.A. (Belgium), BASF SE (Germany), PlastiComp, Inc. (US), PolyOne Corporation (US), and Quadrant AG (Switzerland), among others, are the key players operating in the thermoplastic composites 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:
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MarketsandMarkets™ INC. 
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USA : 1-888-600-6441 
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Amphibious Vehicles Market by End User, Application, Propulsion and Region | Global Forecast to 2022

This report analyzes the Amphibious Vehicles Market from 2017 to 2022. It discusses industry and technological trends prevailing in the market, and examines factors that may drive or restrain the growth of the market in the coming years. The amphibious vehicles market is projected to grow from $2.39 Billion in 2017 to $3.70 Billion by 2022, at a CAGR of 9.13% during the forecast period. Major drivers influencing the growth of the amphibious vehicles market include the increasing demand for amphibious combat vehicles owing to rising conflicts and demand for amphibious excavators for dredging and excavation purposes.

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The market in the Asia-Pacific region is expected to witness the highest growth from 2017 to 2022, as rise in geopolitical instability and increase of conflicts over sea boundaries have led to increased efforts to increase maritime security. The rise in territorial disputes in South China Sea and East China Sea have led to an increase in defense expenditure by the respective countries. Various countries such as China, Taiwan, Japan, Vietnam, and South Korea, among others are boosting their amphibious fleets to simultaneously guard various coastal areas and shallow sea areas, thus driving the amphibious vehicles market in the Asia-Pacific region.

Key Target Audience:

  • Amphibious Vehicle Developers
  • Defense Companies
  • Excavator & Undercarriage Manufacturers
  • Component Manufacturers

Some of the major manufacturers of commercial amphibious vehicles such as EIK Engineering Sdn. Bhd. (Malaysia), TSBC Engineering Sdn. Bhd. (Malaysia), Hefei SUNTON Machinery Manufacturing Co., Ltd. (China), and Ultratrex Machinery Sdn. Bhd. (Malaysia) are located in this region.

Based on propulsion, the amphibious vehicles market has been segmented into track-based, water jet, screw propeller, and others. The track-based segment is expected to lead the amphibious vehicles market during the forecast period. The segment is estimated to grow at the highest rate during the forecast period.

With respect to the end user segment, the amphibious market has been segmented into defense and commercial. The commercial segment has been further segmented into hovercraft, all-terrain vehicle, and excavator. The excavator segment is expected to witness the highest growth, owing to the dredging application that it serves. Dredging has become vital to economic development. Amphibious vehicles are used for dredging, for various purposes such as excavations for bridge or water way construction, land reclamation, and trash & debris removal, and can be used in shallow waters and marshy places. The excavator segment has thus attracted market players to provide construction and maintenance, and is allowing logistics or transportation facilities through the inland waterways.

Based on application, the amphibious vehicles market has been segmented into surveillance and rescue, water transportation, sports/recreation, excavation, and others. The excavation application is expected to grow at the highest rate during the forecast period. The rising demand for inland waterways and land reclamation is leading to the demand for excavators for multiple applications, which include dredging, levee construction, and water cleaning and maintenance, among others.

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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About MarketsandMarkets™

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

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

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

Contact:

Mr. Shelly Singh

MarketsandMarkets™ INC.

630 Dundee Road

Suite 430

Northbrook, IL 60062

USA: 1-888-600-6441

Email: Newsletter@marketsandmarkets.com

Fiber Optics Market Leaders & Key Revenue Pockets

The report Fiber Optics Market by Cable Type (Single mode, and Multi-mode), Optical Fiber Type (Glass and Plastics), Application (Telecom, Premises, Utility, CATV, Military, Industrial, Sensors, Fiber Optic Lighting, Security, Metropolitan) – Global Forecast to 2021″, The global fiber optics market was estimated to be valued at USD 3.13 Billion in 2016 and is projected to reach USD 5.00 Billion by 2021, at a CAGR of 9.8%.

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Browse 69 market data tables and 36 figures spread through 137 pages and in-depth TOC on “Fiber Optics Market”

The global market for fiber optics is expected to witness healthy growth from 2016 to 2021. Factors contributing towards the growth of this market are the increasing demand for the Internet and its applications in the emerging economies of the Asia-Pacific; growing FTTx networks; and the growing telecommunications industry in the Middle East & Africa. Growing population and infrastructural developments in the Middle East & Africa have led to the increasing use of fiber optics for various applications. Economic growth, followed by heavy investments in applications such as telecom, premises, utility, CATV, industrial, military, sensors, and fiber optics lighting are expected to drive the fiber optics market in the region. Furthermore, the growing population along with industrial alliances is expected to support the growth of the fiber optics market significantly in the region.

The global fiber optics market has a large number of market players; however the market is led by some of the major players, such as Corning Incorporated (U.S.), Prysmian Group (Italy), AFL Global (U.S.), Finisar Corporation (U.S.), Leoni AG (Germany), YOFC (Shanghai) Co. Ltd. (China), Sumitomo Electric Industries Ltd. (Japan), Furukawa Electric Co., Ltd. (Japan), Optical Cable Corporation (U.S.), and Hitachi Cable, Ltd (Japan), among others.

Most of these companies are leaders in the manufacture of fiber optics and its equipment. These companies are focused on the new product launches and mergers & acquisitions strategies to achieve economies of scale, product innovations, and expansions in order to capture and strengthen their market shares.

Market players are concentrating on increasing their production capacities and developing cost effective technologies. The companies are investing in setting up new facilities mainly in emerging regions so as to increase their global reach. All these developments are due to the increasing demand for advanced fiber optics based products from applications such as telecom, premises, CATV, utility, military, sensors, and fiber optic lighting.

New product developments, expansions, and mergers & acquisitions are the key strategies that have been adopted by the major fiber optics manufacturers in the recent past. The top players in the fiber optics market are adopting these strategies for better penetration and expansions of their businesses into the untapped and emerging regions. These new ventures are expected to help the companies to satiate the growing demand for fiber optics in several applications. Corning Inc. (U.S.) and AFL Global (U.S.) are among the market players who adopted the new product launches strategy in order to acquire a greater market share by supplying products for various end-use applications.

Corning Inc. (U.S.) is amongst the leading suppliers of fiber optics equipment. The company adopted strategies such as new product launches and mergers & acquisitions to maintain its premium position in the market. For instance, it completed the acquisition of Samsung Electronics (South Korea) to expand its market in the Asia-Pacific, in November 2015.

Similarly AFL Global (U.S.), a subsidiary of Fujikura Global (Japan) is also amongst the leading players in the fiber optics market. It has sustained its market position by launching new and innovative fiber optics solutions across various locations. For instance, it launched a series of new fiber optics based products under the brand name, Micro-Tactical Cables which are designed to withstand high tensile loads, crushing forces, repeated impacts, and extreme temperatures.

The global fiber optics market was estimated to be valued at USD 3.13 billion in 2016 and is projected to reach USD 5.00 billion by 2021 at a CAGR of 9.8%. The market is expected to be mostly driven by the increasing Internet applications of fiber optics such as video streaming, Over-The-Top Content (OTT), and the Internet of Things (IoT). Rising quality standards in optical fiber cable manufacture and advances in technologies are also supporting the growth of the fiber optics market.

The fiber optics market has been classified into two key segments, namely, single mode and multi-mode, on the basis of cable type. The market for the single mode cable type is expected to account for the largest and fastest growing cable type from 2016 to 2021. The single mode cable has a higher transmission rate that can cover longer distances, due to which, it is used in applications such as CATV and telecom, which requires transmission over long distances along with high speed and a low attenuation rate.

On the basis of optical fiber type, the fiber optics market is segmented into two key segments, namely, glass optical fiber and plastic optical fiber. Glass optical fiber is projected to be the largest and the fastest growing optical fiber type from 2016 to 2021. Its unique properties, such as resistance to mechanical stress, high temperature, chemical substances, and noise & vibrations is driving its market in applications such as telecom, CATV, high-speed LANs, and sensors.

The telecom application is expected to account for the largest market share in the fiber optics market during the forecast period. It is used for various purposes such as point-to-point communication, entertainment, delivery, and access to Internet-enabled services, critical communication, and news & infotainment, among others. The telecommunications industry is witnessing rapid technological developments through advancements in consumer electronic devices such as smartphones, laptops, and tablets. Factors such as an increasing Internet user base, low-cost services offered by service providers, inexpensive communication devices, subscribers for various wireless as well as fixed-point communications are leading to the growth of the fiber optics market. The Asia-Pacific is estimated to have accounted for the largest share of the fiber optics market in the telecom application in 2016 and is expected to continue to lead during the forecast period. The massive population base of the Asia-Pacific countries such as China and India is one of the major drivers for growth in the telecom market in the region.

The Asia-Pacific region is projected to lead the fiber optics market by 2021 and is estimated to have accounted for the highest share of the total market in 2016. Market growth in the region is mostly attributed to China, as it is the largest fiber optics market globally. The large consumer markets and lower cost of production in India and China are driving the fiber optics market in the region. Moreover, rapid urbanization, demand for smart devices, and the reviving network industry in countries such as Malaysia, Thailand, and Indonesia are expected to support the growth of the fiber optics market in Southeast Asia during the forecast period.

Urban Air Mobility Market by Component, Type, Platform, Range and Region | Global Forecast to 2030

Urban Air Mobility

This report provides an analysis of the Urban Air Mobility Market for the next twelve years. It discusses industry and technological trends that are currently prevailing in the market. It analyses factors driving and restraining the growth of this market, as well as the challenges faced it.

The market is estimated to be USD 5.3 billion in 2018 and is projected to reach USD 15.2 billion by 2030, at a CAGR of 11.33% during the forecast period. Key factors fueling the growth of this market include increasing demand for enhanced operational efficiency, reduced human intervention, and an increase in investment activities around the world.

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Based on component, the urban air mobility market has been segmented into infrastructure and platform. The platform segment is projected to grow at a higher CAGR than the infrastructure segment during the forecast period. The increasing demand for air taxi for intercity and intracity transportation at a lesser cost as compared to conventional aircraft is one of the major factors driving the growth of this segment.

Infrastructure has been further segmented into vertiports, charging stations, and traffic management. The traffic management segment is expected to account for the largest market share during the forecast period. Key market players are focused on incorporating Unmanned Traffic Management (UTM) in the existing Air Traffic Management (ATC) system to enable air transportation services using eVTOL with no human intervention. Platform, on the other hand, has been further segmented into air taxi, personal air vehicle, cargo air vehicle, and air ambulance. The air taxi segment is projected to grow at the highest CAGR during the forecast period due to huge investments in R&D activities for the development of the urban air mobility ecosystem. In September 2017, Lilium developed a five-seat flying taxi, worth USD 90 million, capable of a vertical take-off and jet-powered flight.

Based on operation, the market has been segmented into autonomous and piloted. The autonomous segment is projected to grow at a higher CAGR during the forecast period. The demand for autonomous eVTOLs for commercial applications, such as air taxi, personal transportation, and cargo in a shorter time has enhanced the growth of this segment.

Based on range, the market has been segmented into intercity and intracity transportation. The intercity segment is projected to witness a higher growth rate during the forecast period. eVTOLs with on-demand service will be ideal for intracity & intercity air transportation for passengers and cargo owing to their capability of the point-to-point drop. This efficiency is expected to lead to their higher demand during the forecast years.

The Europe urban air mobility market is projected to grow at the highest rate during the forecast period. Countries in this region, such as Germany and France, are investing heavily in the development and procurement of advanced eVTOL systems for commercial operations. Advancements in the manufacturing capability of emerging economies in this region will drive the market. Additionally, the ever-increasing trend of automation and globalization in these countries are fueling the growth of the European urban air mobility market.

Key Market Players

Some of the key players profiled in the urban air mobility market report include Kitty Hawk (US), Lilium (Germany), EHang (China), Volocopter (Germany), and A3 by Airbus (US). Partnerships and new product launches were key strategies adopted by these players to achieve growth in the market. These strategies accounted for the major share of the total growth strategies adopted by the leading players in 2017.

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

About MarketsandMarkets™

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

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

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

Contact:

Mr. Shelly Singh

MarketsandMarkets™ INC.

630 Dundee Road

Suite 430

Northbrook, IL 60062

USA: 1-888-600-6441

Email: Newsletter@marketsandmarkets.com

Global Logistics Market Reaching a value of US$ 1,374 Billion by 2023

The global logistics market has witnessed a moderate growth over the past few years. This can be accredited to the increasing adoption of green logistics solutions along with a rise in inter-regional trade agreements.

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The recent study by IMARC Group, entitled “Logistics Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023”, estimates that the global logistics market reached a value of US$ 1,171 Billion in 2017. Logistics is the process of planning, coordinating, implementing and managing the flow of resources from the point of origin to the point of consumption. It assists in the efficient and effective transportation and storage of goods as well as services. In recent years, the logistics industry has undergone rapid transformation due to changing customer demands, behaviors, and expectations which have translated into customized orders, shorter delivery time and stringent compliance standards. On the other hand, the increasing use of RFID (Radio Frequency Identification), Bluetooth, and newly introduced technologies such as Drone Delivery and Driverless Vehicle, has helped in enhancing the efficiency of logistics services.

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Market Trends:

One of the major factors driving the global logistics market is the rapidly expanding e-commerce industry. Online retailing has provided consumers with the convenience of shopping from the comfort of their homes. It also offers the option of returning unwanted products without going to the retailer. As logistics form a major part of the storing, transporting and delivery of the goods purchased online, this has provided a positive thrust to the market growth. Another major market trend is the growing focus on sustainability and compliance, especially environmental issues and corporate social responsibility (CSR). This has led to the growing popularity of green logistics that offer sustainable transport solutions and companies with good working conditions. Other major growth-inducing factors include a rise in inter- and intra-regional trade agreements coupled with increasing demand for reverse logistics services. On account of these factors, the logistics market is projected to register a CAGR of 2.7% during 2018-2023, reaching a value of US$ 1,374 Billion by 2023.

Global Logistics Market Segmentation:

Market Breakup by Model Type:

1. 2 PL

2. 3 PL

3. 4 PL

Based on model type, 3PL represents the most popular segment in the global logistics market, followed by 2PL, 4PL and others. 3PL companies work as an intermediate between the manufacturer and the supplier, and help in optimizing the customer’s supply chain in order to make it faster and/or achieve cost savings.

Market Breakup by Transportation Mode:

1. Roadways

2. Seaways

3. Railways

4. Airways

On the basis of transportation mode, roadways are the leading transportation mode in the global logistics market, accounting for the nearly two-thirds of the overall market share. Other major transportation modes include railways, seaways and airways.

Market Breakup by End-Use:

1. Manufacturing

2. Consumer Goods

3. Retail

4. Food and Beverage

5. IT Hardware

6. Healthcare

7. Chemicals

8. Constructions

9. Automotive

10. Telecom

11. Oil and Gas

12. Others

Based on end-use, manufacturing dominates the market, holding around a fifth of the global share. Manufacturing is followed by consumer goods and retail, healthcare, food and beverage, IT hardware and telecom, automotive, oil and gas, constructions and others.

Market Breakup by Region:

1. Asia Pacific

2. Europe

3. North America

4. Latin America

5. Middle East and Africa

Region-wise, Asia Pacific enjoys the leading position in the global logistics market, accounting for a third of the total market share. Other regional markets include Europe, North America, Latin America, and Middle East and Africa.

Competitive Landscape:

The competitive landscape of the market is fragmented in nature with some of the key players being C.H. Robinson Worldwide, Inc., J. B. Hunt Transport Services, FedEx Corp., Ceva Holdings LLC, Expeditors International of Washington Inc., United Parcel Service, Inc., Kenco Group, XPO Logistics Inc., Americold Logistics, LLC, Deutsche Post DHL Group, and DSV Air & Sea Inc.

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Regional Express, Part Of Xpediator Group, Moves to A New Large Warehouse Close to Southampton Port

Xpediator, AIM XPD, a leading provider of e-commerce and freight management services across the UK and Europe, is pleased to announce that Regional Express has signed a 10 year lease on attractive commercial terms for a new 19,289 sq. ft warehouse facility in Southampton, close to the port.

Southampton, Hampshire, UK., March 4, 2019 — Xpediator, AIM XPD, a leading provider of e-commerce and freight management services across the UK and Europe, is pleased to announce that Regional Express has signed a 10 year lease on attractive commercial terms for a new 19,289 sq. ft warehouse facility in Southampton, close to the port.

Acquired by Xpediator in November 2017, Regional Express, is an international B2B freight forwarding and international courier company and an Amazon Global Selling Solution Provider.

Since being acquired by the Xpediator Group, Regional Express has expanded significantly using the enhanced buying power and wider services of the Group to grow revenues. In particular, Regional Express is developing its specialist ecommerce fulfilment services and the rationale for adding a further 19,289 sq. ft. of warehouse is to accommodate the evolving requirements of its current clients, whilst providing a facility to support the growth and acquisition of new ecommerce related business.

The new warehouse is in an excellent location for air, sea and road freight, as it is positioned less than 3 miles from the container port of Southampton, with quick links to both the M3 and M27 motorways.

The warehouse contains an office and private yard within the self-contained 1.15 acre site and also offers:
racking for pallet storage;
a mezzanine floor for fulfilment storage;
and a fully-implemented Access Delta warehouse systems, resulting in an automated and integrated storage and fulfilment service.

Regional Express operates across Europe, North America, South America, Africa, Asia and Australia and specialises in road, sea and air freight management and ecommerce fulfilment services for Amazon sellers and other e-tailers.

Managing Director of Regional Express, Neil Curran said: “The new warehouse reflects the growth in the business as well as positioning us to be able to meet future demand. Speed and efficiency are key to our business and this new site will assist us in meeting these goals for both air and sea freight. The additional warehouse space also facilities our strategic plans to further enhance our fulfilment services for current clients, whilst providing a platform to attract new clients within the ecommerce sector.

Xpediator, CEO of Xpediator, Stephen Blyth, commented: “We’re very pleased to see Regional Express build on their strong performance and look forward to offering all our clients more efficient freight forwarding solutions. Since integration within the Xpediator Group in November 2017, Regional Express has enhanced our ability to offer customers sea and air freight capabilities, and this new warehouse will be a further asset within the Group, one which may also prove additionally valuable should there be a hard Brexit.”

Contact:
Neil Curran
Regional Express
42A Oriana Way,
Nursling Industrial Estate
Southampton, Hampshire, SO16 0YU
1258 839118
contact@regionalexpress.co.uk
https://www.regionalexpress.co.uk

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