Aircraft Cabin Upgrades Market Projected to Grow at a Steady Pace During 2018-2023 [news]
Stratview Research has published a new report titled “Aircraft Cabin Upgrades Market” which is segmented by Aircraft Type (Commercial Aircraft, Regional Aircraft, General Aviation, and Military Aircraft), by Application Type (Interior Modifications, Cabin Connectivity, Painting, Airworthiness Directives, and Avionics), by End-User Type (Passenger Airlines, Freighter Companies, Leasing Companies, Corporate Jets, and VIP’s & Military Derivatives), and by Region (North America, Europe, Asia-Pacific, and Rest of the World).
As per the study, the market is projected to grow at a healthy rate over the next five years to reach US$ 8,926.2 million in 2023. There are several factors collectively driving the demand for cabin upgrades in the aircraft industry.
The prospects of the aircraft cabin upgrades market seem attractive and offer favorable growth opportunities for the market stakeholders in the foreseen future.
The introduction of advanced aircraft is the biggest growth driver of the aircraft cabin upgrades market. The latest fuel-efficient variants, such as A320neo, B777x, and B737 Max, have an exceptional interior with excellent use of space to squeeze the number of seats. This is compelling airlines and leasing companies to upgrade their existing aircraft fleet to provide a uniform feel and to maintain the brand image across their fleet.
Report Highlights
This report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can affect the industry’s market dynamics. It provides a thorough analysis of the market segments which include products, applications, and competitor analysis.
The market is bifurcated into various segments. Below given is the segment-wise analysis -
By Aircraft Type
The global aircraft cabin upgrades market is segmented based on the aircraft type as Commercial Aircraft, Regional Aircraft, General Aviation, and Military Aircraft. Commercial aircraft are likely to remain the growth engine of the market during the forecast period. Increasing cabin upgrades of A320 and B737, introduction of next-generation aircraft including B787 and A350XWB, and market entry of new players, such as COMAC and Irkut are the major factors that are proliferating the growth of cabin upgrades in the market.
Among commercial aircraft types, narrow-body aircraft is likely to generate a healthy demand for cabin upgrades in the foreseeable future as airlines and leasing companies are increasingly upgrading aircraft interiors as per the latest A320neo and B737 max cabins to provide the uniform feel and to maintain the brand image across the aircraft fleet. Also, some companies are converting passenger aircraft to freight aircraft. This further substantiates the demand for cabin upgrades.
Wide-body aircraft is likely to remain the largest demand generator of cabin upgrades in the same period, driven by the introduction of next-generation aircraft, such as B787 and 350XWB, and upcoming fuel-efficient variants, such as A330neo and B777x. The most expected upgrade of A330 and B777 to provide a similar feel as that of upcoming variants of A330neo and B777x and high demand for cabin system upgrades including connectivity will drive the segment’s growth in the coming five years.
By Application Type
Based on the application type, interior modification is likely to remain the most dominant segment of the global aircraft cabin upgrades market during the next five years, driven by commercial aircraft. Airlines and leasing companies are increasingly opting for cabin interior modifications of their existing aircraft fleet of A320, B737, A330, and B777 to provide a similar feel to fuel-efficient variants of A320neo, B737 max, A330neo, and B777x, respectively, to the customers. Also, a shift from first-class to business class and the introduction of premium economy class are further elevating the demand for cabin interior modifications. The Avionics segment is likely to witness the highest growth in the same period, driven by advancements in technology.
Which Region is expected to remain the largest market?
North America is projected to remain the largest market during the forecast period, driven by large aircraft fleet size and the presence of major OEM and tier players in the region. The USA is the growth engine of the region’s market, owing to its early adoption of new technologies; the presence of major aircraft OEMs including Boeing, Airbus, Cessna, and Gulfstream; and its aging commercial aircraft fleet.
Asia-Pacific is likely to witness the highest growth during the same period, driven by a host of factors including increasing demand for commercial aircraft to support rising passenger traffic, the opening of assembly plants of Boeing and Airbus in China, upcoming indigenous commercial and regional aircraft (COMAC C919 and Mitsubishi MRJ), and rising aircraft fleet size.
Who are the Key Players in the Market?
This report provides market intelligence most comprehensively. It also provides critical insights into the key players active in the market, enabling strategic decision-making for the existing market players and those willing to enter the market. The following are the key players acting in the Aircraft Cabin Upgrades Market:
• AAR Corp
• Air France Industries and KLM Engineering & Maintenance
• Boeing Global Services
• Diehl Aviation Laupheim GmbH
• Jet Aviation AG
• Lufthansa Technik AG
• SR Technics
• Singapore Technologies Engineering Ltd (ST Engineering).
Key questions answered by the report.
• What is the projected CAGR for revenue from the Aircraft Cabin Upgrades Market during the forecast period?
• What would the market be valued at by 2023?
• What is a major driving factor for the growth of the market?
• Which region accounted for the largest revenue share in the Aircraft Cabin Upgrades Market?
• Which are the major market players?
Custom Research:
Stratview Research delivers custom research services across sectors. In case of any custom research requirements, please send your inquiry to sales@stratviewresearch.com. Or connect with our experts at +1-313-307-4176.
About Us
Stratview Research is a global market research firm, offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients insightful market data to aid strategic decision-making. These exclusive reports are the result of exclusive research methodology and are available for key industries such as chemicals, composites, advanced materials, technology, renewable energy, and more.
As per the study, the market is projected to grow at a healthy rate over the next five years to reach US$ 8,926.2 million in 2023. There are several factors collectively driving the demand for cabin upgrades in the aircraft industry.
The prospects of the aircraft cabin upgrades market seem attractive and offer favorable growth opportunities for the market stakeholders in the foreseen future.
The introduction of advanced aircraft is the biggest growth driver of the aircraft cabin upgrades market. The latest fuel-efficient variants, such as A320neo, B777x, and B737 Max, have an exceptional interior with excellent use of space to squeeze the number of seats. This is compelling airlines and leasing companies to upgrade their existing aircraft fleet to provide a uniform feel and to maintain the brand image across their fleet.
Report Highlights
This report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can affect the industry’s market dynamics. It provides a thorough analysis of the market segments which include products, applications, and competitor analysis.
The market is bifurcated into various segments. Below given is the segment-wise analysis -
By Aircraft Type
The global aircraft cabin upgrades market is segmented based on the aircraft type as Commercial Aircraft, Regional Aircraft, General Aviation, and Military Aircraft. Commercial aircraft are likely to remain the growth engine of the market during the forecast period. Increasing cabin upgrades of A320 and B737, introduction of next-generation aircraft including B787 and A350XWB, and market entry of new players, such as COMAC and Irkut are the major factors that are proliferating the growth of cabin upgrades in the market.
Among commercial aircraft types, narrow-body aircraft is likely to generate a healthy demand for cabin upgrades in the foreseeable future as airlines and leasing companies are increasingly upgrading aircraft interiors as per the latest A320neo and B737 max cabins to provide the uniform feel and to maintain the brand image across the aircraft fleet. Also, some companies are converting passenger aircraft to freight aircraft. This further substantiates the demand for cabin upgrades.
Wide-body aircraft is likely to remain the largest demand generator of cabin upgrades in the same period, driven by the introduction of next-generation aircraft, such as B787 and 350XWB, and upcoming fuel-efficient variants, such as A330neo and B777x. The most expected upgrade of A330 and B777 to provide a similar feel as that of upcoming variants of A330neo and B777x and high demand for cabin system upgrades including connectivity will drive the segment’s growth in the coming five years.
By Application Type
Based on the application type, interior modification is likely to remain the most dominant segment of the global aircraft cabin upgrades market during the next five years, driven by commercial aircraft. Airlines and leasing companies are increasingly opting for cabin interior modifications of their existing aircraft fleet of A320, B737, A330, and B777 to provide a similar feel to fuel-efficient variants of A320neo, B737 max, A330neo, and B777x, respectively, to the customers. Also, a shift from first-class to business class and the introduction of premium economy class are further elevating the demand for cabin interior modifications. The Avionics segment is likely to witness the highest growth in the same period, driven by advancements in technology.
Which Region is expected to remain the largest market?
North America is projected to remain the largest market during the forecast period, driven by large aircraft fleet size and the presence of major OEM and tier players in the region. The USA is the growth engine of the region’s market, owing to its early adoption of new technologies; the presence of major aircraft OEMs including Boeing, Airbus, Cessna, and Gulfstream; and its aging commercial aircraft fleet.
Asia-Pacific is likely to witness the highest growth during the same period, driven by a host of factors including increasing demand for commercial aircraft to support rising passenger traffic, the opening of assembly plants of Boeing and Airbus in China, upcoming indigenous commercial and regional aircraft (COMAC C919 and Mitsubishi MRJ), and rising aircraft fleet size.
Who are the Key Players in the Market?
This report provides market intelligence most comprehensively. It also provides critical insights into the key players active in the market, enabling strategic decision-making for the existing market players and those willing to enter the market. The following are the key players acting in the Aircraft Cabin Upgrades Market:
• AAR Corp
• Air France Industries and KLM Engineering & Maintenance
• Boeing Global Services
• Diehl Aviation Laupheim GmbH
• Jet Aviation AG
• Lufthansa Technik AG
• SR Technics
• Singapore Technologies Engineering Ltd (ST Engineering).
Key questions answered by the report.
• What is the projected CAGR for revenue from the Aircraft Cabin Upgrades Market during the forecast period?
• What would the market be valued at by 2023?
• What is a major driving factor for the growth of the market?
• Which region accounted for the largest revenue share in the Aircraft Cabin Upgrades Market?
• Which are the major market players?
Custom Research:
Stratview Research delivers custom research services across sectors. In case of any custom research requirements, please send your inquiry to sales@stratviewresearch.com. Or connect with our experts at +1-313-307-4176.
About Us
Stratview Research is a global market research firm, offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients insightful market data to aid strategic decision-making. These exclusive reports are the result of exclusive research methodology and are available for key industries such as chemicals, composites, advanced materials, technology, renewable energy, and more.
The Rising Significance of Polyphenylene Sulfide (PPS) in Automotive Engineering [news]
Introduction:
Polyphenylene sulfide (PPS) is a high-performance engineering plastic that has gained significant traction in various industries due to its exceptional thermal, mechanical, and chemical properties. This article delves into the thriving polyphenylene sulfide market, examining the latest trends, key growth drivers, and future prospects for this versatile material.
Overview of Polyphenylene Sulfide (PPS):
This section provides a comprehensive overview of PPS, including its chemical composition, physical properties, and manufacturing process. It highlights the unique characteristics that make PPS an attractive choice for diverse applications.
The Polyphenylene Sulfide Market was estimated at USD 1.12 Billion in 2021 and is likely to grow at a CAGR of 8.88% from 2022-2028 to reach USD 2.05 Billion in 2028.
Read more: https://www.stratviewresearch.com/1413/polyphenylene-sulfide-market.html
Growing Demand in Automotive Engineering:
The automotive industry has emerged as a major consumer of PPS due to its ability to withstand high temperatures, excellent chemical resistance, and dimensional stability. This section explores how PPS is being used in automotive components such as fuel systems, electrical connectors, and under-the-hood applications.
Advancements in Electronics and Electrical Applications:
With the increasing demand for miniaturized electronic devices and high-performance electrical components, PPS has found its way into this sector. The article discusses the role of PPS in applications such as connectors, circuit boards, switches, and insulating materials.
Industrial Applications and Lightweight Solutions:
PPS has proven to be an ideal material for various industrial applications, including filtration systems, pumps, valves, and gaskets. This section explores the benefits of PPS in industrial settings, including its resistance to chemicals, abrasion, and high temperatures. It also discusses the use of PPS composites for lightweight solutions in aerospace and transportation industries.
Sustainable Packaging Solutions:
As sustainability becomes a key focus across industries, PPS offers a viable solution for eco-friendly packaging materials. This section highlights the recyclability and durability of PPS in packaging applications, emphasizing its role in reducing environmental impact.
Emerging Trends and Future Outlook:
The article concludes by discussing emerging trends in the PPS market, such as the development of PPS blends, advancements in additive manufacturing techniques, and the integration of PPS in 3D printing. It also provides insights into the future prospects of the PPS market, including potential growth opportunities and challenges.
Conclusion:
The polyphenylene sulfide market is experiencing significant growth driven by its unique properties and widespread applications. From automotive engineering to electronics, industrial, and packaging sectors, PPS is proving to be a versatile and high-performance material. As technology advances and sustainability remains a priority, the future of the PPS market looks promising, opening up new avenues for innovation and growth.
Polyphenylene sulfide (PPS) is a high-performance engineering plastic that has gained significant traction in various industries due to its exceptional thermal, mechanical, and chemical properties. This article delves into the thriving polyphenylene sulfide market, examining the latest trends, key growth drivers, and future prospects for this versatile material.
Overview of Polyphenylene Sulfide (PPS):
This section provides a comprehensive overview of PPS, including its chemical composition, physical properties, and manufacturing process. It highlights the unique characteristics that make PPS an attractive choice for diverse applications.
The Polyphenylene Sulfide Market was estimated at USD 1.12 Billion in 2021 and is likely to grow at a CAGR of 8.88% from 2022-2028 to reach USD 2.05 Billion in 2028.
Read more: https://www.stratviewresearch.com/1413/polyphenylene-sulfide-market.html
Growing Demand in Automotive Engineering:
The automotive industry has emerged as a major consumer of PPS due to its ability to withstand high temperatures, excellent chemical resistance, and dimensional stability. This section explores how PPS is being used in automotive components such as fuel systems, electrical connectors, and under-the-hood applications.
Advancements in Electronics and Electrical Applications:
With the increasing demand for miniaturized electronic devices and high-performance electrical components, PPS has found its way into this sector. The article discusses the role of PPS in applications such as connectors, circuit boards, switches, and insulating materials.
Industrial Applications and Lightweight Solutions:
PPS has proven to be an ideal material for various industrial applications, including filtration systems, pumps, valves, and gaskets. This section explores the benefits of PPS in industrial settings, including its resistance to chemicals, abrasion, and high temperatures. It also discusses the use of PPS composites for lightweight solutions in aerospace and transportation industries.
Sustainable Packaging Solutions:
As sustainability becomes a key focus across industries, PPS offers a viable solution for eco-friendly packaging materials. This section highlights the recyclability and durability of PPS in packaging applications, emphasizing its role in reducing environmental impact.
Emerging Trends and Future Outlook:
The article concludes by discussing emerging trends in the PPS market, such as the development of PPS blends, advancements in additive manufacturing techniques, and the integration of PPS in 3D printing. It also provides insights into the future prospects of the PPS market, including potential growth opportunities and challenges.
Conclusion:
The polyphenylene sulfide market is experiencing significant growth driven by its unique properties and widespread applications. From automotive engineering to electronics, industrial, and packaging sectors, PPS is proving to be a versatile and high-performance material. As technology advances and sustainability remains a priority, the future of the PPS market looks promising, opening up new avenues for innovation and growth.
Epigenetics: Revolutionizing Healthcare and Beyond [news]
Introduction:
Epigenetics, the study of heritable changes in gene expression without alterations in the DNA sequence, has emerged as a revolutionary field with vast implications for healthcare, agriculture, and environmental sciences. This article explores the dynamic epigenetics market, highlighting its growth, key applications, advancements, and the transformative impact it has on various sectors.
Understanding Epigenetics:
Epigenetics refers to modifications that occur on the genome, such as DNA methylation, histone modifications, and non-coding RNA molecules, that can influence gene expression and cellular function. Unlike changes in the DNA sequence, epigenetic modifications are reversible and can be influenced by environmental factors, lifestyle choices, and developmental processes. The ability of epigenetics to regulate gene expression opens up new avenues for understanding diseases, identifying potential therapeutic targets, and developing personalized medicine approaches.
The Global Epigenetics Market is projected to grow from USD 5.9 billion in 2020 to USD 17.2 billion by 2026 at a CAGR of over 19.5% during the forecast period.
Read more : https://www.stratviewresearch.com/1570/epigenetics-market.html
Epigenetics in Healthcare:
The impact of epigenetics on healthcare is profound. It provides insights into the underlying mechanisms of complex diseases such as cancer, cardiovascular disorders, neurological conditions, and autoimmune diseases. Epigenetic biomarkers have the potential to revolutionize diagnostics, enabling early disease detection, prognosis, and treatment monitoring. Moreover, epigenetic therapies, including small molecules and gene-editing technologies, hold promise for targeted interventions that can modulate gene expression and restore normal cellular function.
Agriculture and Epigenetics:
Epigenetics also plays a vital role in agriculture, offering opportunities for crop improvement, disease resistance, and increased yield. By understanding epigenetic modifications in plants, researchers can optimize agricultural practices, enhance crop productivity, and develop stress-tolerant varieties. Epigenetic tools can also be employed for precision breeding and epigenome editing, providing innovative solutions to meet the challenges of global food security and sustainable agriculture.
Environmental Epigenetics:
The field of environmental epigenetics investigates how external factors, such as toxins, pollutants, and nutritional deficiencies, can impact gene expression patterns across generations. It unravels the interplay between genetics and the environment, shedding light on the molecular mechanisms underlying environmental diseases and the transgenerational effects of exposures. Environmental epigenetics research holds potential for preventive strategies and policy interventions to mitigate the health risks associated with environmental factors.
Advancements and Challenges:
Advancements in epigenetic research technologies, such as next-generation sequencing, high-throughput epigenomic profiling, and single-cell epigenomics, have propelled the field forward. These advancements enable comprehensive analysis of epigenetic alterations, driving discoveries and applications. However, challenges remain, including standardization of methodologies, interpretation of complex epigenomic data, ethical considerations, and ensuring equitable access to epigenetic diagnostics and therapies.
Future Outlook and Opportunities:
The epigenetics market is poised for significant growth, driven by increased research investments, collaborations, and the growing adoption of personalized medicine approaches. The integration of epigenetic biomarkers into routine clinical practice holds tremendous potential for early disease detection, patient stratification, and targeted therapies. Additionally, the application of epigenetics in agriculture, environmental health, and drug development opens up new avenues for innovation and commercialization.
Conclusion:
Epigenetics is transforming our understanding of gene regulation, disease mechanisms, and the interplay between genetics and the environment. The epigenetics market is rapidly expanding, with promising applications in healthcare, agriculture, and environmental sciences. As we continue to unravel the complexities of epigenetic modifications and their impact on human health and the environment, the field presents immense opportunities for scientific breakthroughs, improved diagnostics, targeted therapies, and sustainable solutions to global challenges.
Epigenetics, the study of heritable changes in gene expression without alterations in the DNA sequence, has emerged as a revolutionary field with vast implications for healthcare, agriculture, and environmental sciences. This article explores the dynamic epigenetics market, highlighting its growth, key applications, advancements, and the transformative impact it has on various sectors.
Understanding Epigenetics:
Epigenetics refers to modifications that occur on the genome, such as DNA methylation, histone modifications, and non-coding RNA molecules, that can influence gene expression and cellular function. Unlike changes in the DNA sequence, epigenetic modifications are reversible and can be influenced by environmental factors, lifestyle choices, and developmental processes. The ability of epigenetics to regulate gene expression opens up new avenues for understanding diseases, identifying potential therapeutic targets, and developing personalized medicine approaches.
The Global Epigenetics Market is projected to grow from USD 5.9 billion in 2020 to USD 17.2 billion by 2026 at a CAGR of over 19.5% during the forecast period.
Read more : https://www.stratviewresearch.com/1570/epigenetics-market.html
Epigenetics in Healthcare:
The impact of epigenetics on healthcare is profound. It provides insights into the underlying mechanisms of complex diseases such as cancer, cardiovascular disorders, neurological conditions, and autoimmune diseases. Epigenetic biomarkers have the potential to revolutionize diagnostics, enabling early disease detection, prognosis, and treatment monitoring. Moreover, epigenetic therapies, including small molecules and gene-editing technologies, hold promise for targeted interventions that can modulate gene expression and restore normal cellular function.
Agriculture and Epigenetics:
Epigenetics also plays a vital role in agriculture, offering opportunities for crop improvement, disease resistance, and increased yield. By understanding epigenetic modifications in plants, researchers can optimize agricultural practices, enhance crop productivity, and develop stress-tolerant varieties. Epigenetic tools can also be employed for precision breeding and epigenome editing, providing innovative solutions to meet the challenges of global food security and sustainable agriculture.
Environmental Epigenetics:
The field of environmental epigenetics investigates how external factors, such as toxins, pollutants, and nutritional deficiencies, can impact gene expression patterns across generations. It unravels the interplay between genetics and the environment, shedding light on the molecular mechanisms underlying environmental diseases and the transgenerational effects of exposures. Environmental epigenetics research holds potential for preventive strategies and policy interventions to mitigate the health risks associated with environmental factors.
Advancements and Challenges:
Advancements in epigenetic research technologies, such as next-generation sequencing, high-throughput epigenomic profiling, and single-cell epigenomics, have propelled the field forward. These advancements enable comprehensive analysis of epigenetic alterations, driving discoveries and applications. However, challenges remain, including standardization of methodologies, interpretation of complex epigenomic data, ethical considerations, and ensuring equitable access to epigenetic diagnostics and therapies.
Future Outlook and Opportunities:
The epigenetics market is poised for significant growth, driven by increased research investments, collaborations, and the growing adoption of personalized medicine approaches. The integration of epigenetic biomarkers into routine clinical practice holds tremendous potential for early disease detection, patient stratification, and targeted therapies. Additionally, the application of epigenetics in agriculture, environmental health, and drug development opens up new avenues for innovation and commercialization.
Conclusion:
Epigenetics is transforming our understanding of gene regulation, disease mechanisms, and the interplay between genetics and the environment. The epigenetics market is rapidly expanding, with promising applications in healthcare, agriculture, and environmental sciences. As we continue to unravel the complexities of epigenetic modifications and their impact on human health and the environment, the field presents immense opportunities for scientific breakthroughs, improved diagnostics, targeted therapies, and sustainable solutions to global challenges.
The Growing Demand for Coil Coatings: Exploring Market Trends [news]
Introduction:
The global coil coatings market has witnessed significant growth in recent years, driven by the increasing demand for durable, high-performance coatings in various industries. Coil coatings are specially formulated coatings applied to metal coils used in sectors such as construction, automotive, appliances, and packaging. This article explores the innovations, market trends, and opportunities within the coil coatings industry, highlighting their role in enhancing durability, aesthetics, and overall performance.
The coil coatings market was estimated at USD 5.32 Billion in 2021 and is likely to grow at a CAGR of 5.89 % from 2022-2028 to reach USD 7.98 Billion in 2028.
Read more: https://www.stratviewresearch.com/1588/coil-coatings-market.html
Enhanced Durability and Protection:
One of the primary advantages of coil coatings is their ability to provide exceptional durability and protection to metal substrates. These coatings act as a shield, protecting the metal from corrosion, UV radiation, moisture, chemicals, and abrasion. The use of advanced technologies, such as polymer crosslinking and nanotechnology, has further enhanced the performance of coil coatings, ensuring long-lasting protection for metal components even in harsh environments.
Aesthetics and Design Flexibility:
Coil coatings also offer immense aesthetic benefits, allowing manufacturers to achieve desired colors, textures, and finishes for their products. With a wide range of color options available, coil coatings enable architects, designers, and manufacturers to enhance the visual appeal of their buildings, automobiles, appliances, and packaging materials. Additionally, coil coatings provide flexibility in design, allowing for customization and branding opportunities, thereby creating a unique identity for the coated products.
Sustainable and Environmentally Friendly:
The coil coatings industry has been proactive in adopting sustainable practices. Many coil coatings are formulated with low volatile organic compounds (VOCs), reducing their environmental impact. The use of eco-friendly pigments and recyclable materials also contributes to the overall sustainability of the coatings. Additionally, coil coatings enhance the energy efficiency of buildings by reflecting solar heat, reducing the need for cooling systems and lowering carbon emissions.
Market Trends and Innovations:
The coil coatings market is witnessing several notable trends and innovations. The demand for coil coatings with antimicrobial properties has grown significantly, especially in industries such as healthcare and food packaging, where hygiene and contamination control are critical. Furthermore, the development of self-healing and easy-to-clean coil coatings has gained traction, offering enhanced functionality and maintenance benefits. Innovations in coil coating technologies, including UV-curable coatings and high-solids formulations, are also driving market growth.
Opportunities and Future Outlook:
The coil coatings market presents significant opportunities for manufacturers and suppliers. The construction industry, particularly the growing infrastructure development in emerging economies, offers a promising market for coil coatings. Moreover, the automotive sector's shift towards lightweight materials and electric vehicles creates a demand for coil coatings that provide both corrosion resistance and aesthetic appeal. Additionally, the increasing focus on sustainable and eco-friendly coatings opens avenues for the development of innovative, environmentally responsible coil coatings.
Conclusion:
The coil coatings market is thriving, fueled by the need for durable, aesthetically appealing, and environmentally friendly coatings in various industries. With advancements in technology, the industry continues to evolve, offering innovative solutions to meet the evolving demands of manufacturers and consumers. As industries prioritize product longevity, design flexibility, and sustainability, the coil coatings market is poised for further growth, presenting ample opportunities for stakeholders to capitalize on the rising demand and drive the industry forward.
The global coil coatings market has witnessed significant growth in recent years, driven by the increasing demand for durable, high-performance coatings in various industries. Coil coatings are specially formulated coatings applied to metal coils used in sectors such as construction, automotive, appliances, and packaging. This article explores the innovations, market trends, and opportunities within the coil coatings industry, highlighting their role in enhancing durability, aesthetics, and overall performance.
The coil coatings market was estimated at USD 5.32 Billion in 2021 and is likely to grow at a CAGR of 5.89 % from 2022-2028 to reach USD 7.98 Billion in 2028.
Read more: https://www.stratviewresearch.com/1588/coil-coatings-market.html
Enhanced Durability and Protection:
One of the primary advantages of coil coatings is their ability to provide exceptional durability and protection to metal substrates. These coatings act as a shield, protecting the metal from corrosion, UV radiation, moisture, chemicals, and abrasion. The use of advanced technologies, such as polymer crosslinking and nanotechnology, has further enhanced the performance of coil coatings, ensuring long-lasting protection for metal components even in harsh environments.
Aesthetics and Design Flexibility:
Coil coatings also offer immense aesthetic benefits, allowing manufacturers to achieve desired colors, textures, and finishes for their products. With a wide range of color options available, coil coatings enable architects, designers, and manufacturers to enhance the visual appeal of their buildings, automobiles, appliances, and packaging materials. Additionally, coil coatings provide flexibility in design, allowing for customization and branding opportunities, thereby creating a unique identity for the coated products.
Sustainable and Environmentally Friendly:
The coil coatings industry has been proactive in adopting sustainable practices. Many coil coatings are formulated with low volatile organic compounds (VOCs), reducing their environmental impact. The use of eco-friendly pigments and recyclable materials also contributes to the overall sustainability of the coatings. Additionally, coil coatings enhance the energy efficiency of buildings by reflecting solar heat, reducing the need for cooling systems and lowering carbon emissions.
Market Trends and Innovations:
The coil coatings market is witnessing several notable trends and innovations. The demand for coil coatings with antimicrobial properties has grown significantly, especially in industries such as healthcare and food packaging, where hygiene and contamination control are critical. Furthermore, the development of self-healing and easy-to-clean coil coatings has gained traction, offering enhanced functionality and maintenance benefits. Innovations in coil coating technologies, including UV-curable coatings and high-solids formulations, are also driving market growth.
Opportunities and Future Outlook:
The coil coatings market presents significant opportunities for manufacturers and suppliers. The construction industry, particularly the growing infrastructure development in emerging economies, offers a promising market for coil coatings. Moreover, the automotive sector's shift towards lightweight materials and electric vehicles creates a demand for coil coatings that provide both corrosion resistance and aesthetic appeal. Additionally, the increasing focus on sustainable and eco-friendly coatings opens avenues for the development of innovative, environmentally responsible coil coatings.
Conclusion:
The coil coatings market is thriving, fueled by the need for durable, aesthetically appealing, and environmentally friendly coatings in various industries. With advancements in technology, the industry continues to evolve, offering innovative solutions to meet the evolving demands of manufacturers and consumers. As industries prioritize product longevity, design flexibility, and sustainability, the coil coatings market is poised for further growth, presenting ample opportunities for stakeholders to capitalize on the rising demand and drive the industry forward.
Key Players Shaping the Metal Coated Fiber Market Landscape [news]
The metal coated fiber market is a rapidly growing industry, with numerous key players shaping its landscape. These players are responsible for the development, production, and distribution of metal coated fibers that are used in various applications, from aerospace to medical devices. In this article, we will discuss some of the key players shaping the metal coated fiber market landscape and explore their contributions to the industry.
According to Stratview Research, the Metal Coated Fiber Market is projected to grow at an impressive CAGR of 7.7% over the next five years to reach US$ 50.1 million in 2022. Nickel coated and copper–nickel coated fiber types will continue to dominate the market over the next five years.
One of the key players in the metal coated fiber market is Bekaert. Bekaert is a global company that specializes in advanced steel wire solutions and coatings. The company produces a range of metal coated fibers that are used in various industries, such as automotive, aerospace, and construction. Bekaert is known for its high-quality products and cutting-edge technology, making it a leading player in the metal coated fiber market.
Another key player in the metal coated fiber market is Fibercore. Fibercore is a UK-based company that specializes in the development and production of specialty optical fibers, including metal coated fibers. The company produces a range of metal coated fibers that are used in applications such as sensing and communication systems. Fibercore is known for its expertise in specialty fibers and its commitment to innovation, making it a significant player in the metal coated fiber market.
TE Connectivity is another key player in the metal coated fiber market. The company produces a range of metal coated fibers that are used in various applications, such as medical devices and aerospace. TE Connectivity is known for its high-quality products and its ability to provide customized solutions to its customers. The company's focus on innovation and research and development has helped it establish a strong presence in the metal coated fiber market.
Precision Fiber Products is a US-based company that specializes in the development and production of specialty optical fibers, including metal coated fibers. The company produces a range of metal coated fibers that are used in applications such as telecommunications, aerospace, and medical devices. Precision Fiber Products is known for its high-quality products and its ability to provide customized solutions to its customers. The company's focus on innovation and customer satisfaction has helped it establish a strong presence in the metal coated fiber market.
Another key player in the metal coated fiber market is Furukawa Electric. Furukawa Electric is a global company that specializes in the development and production of advanced electronics and telecommunications products, including metal coated fibers. The company produces a range of metal coated fibers that are used in various applications, such as telecommunications and aerospace. Furukawa Electric is known for its high-quality products and its commitment to research and development, making it a significant player in the metal coated fiber market.
In conclusion, the metal coated fiber market is a rapidly growing industry that is being shaped by numerous key players. These players are responsible for the development, production, and distribution of metal coated fibers that are used in various applications, from aerospace to medical devices. Bekaert, Fibercore, TE Connectivity, Precision Fiber Products, and Furukawa Electric are just a few of the key players shaping the metal coated fiber market landscape. Their commitment to innovation and quality has helped establish a strong foundation for the metal coated fiber market and will continue to drive its growth in the future.
About Us
Stratview Research is a global market research firm, offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients insightful market data to aid strategic decision-making. These exclusive reports are the result of exclusive research methodology and are available for key industries such as chemicals, composites, advanced materials, technology, renewable energy, and more.
Stratview Research delivers custom research services across sectors. In case of any custom research requirements, please send your inquiry to sales@stratviewresearch.com. Or connect with our experts at +1-313-307-4176.
According to Stratview Research, the Metal Coated Fiber Market is projected to grow at an impressive CAGR of 7.7% over the next five years to reach US$ 50.1 million in 2022. Nickel coated and copper–nickel coated fiber types will continue to dominate the market over the next five years.
One of the key players in the metal coated fiber market is Bekaert. Bekaert is a global company that specializes in advanced steel wire solutions and coatings. The company produces a range of metal coated fibers that are used in various industries, such as automotive, aerospace, and construction. Bekaert is known for its high-quality products and cutting-edge technology, making it a leading player in the metal coated fiber market.
Another key player in the metal coated fiber market is Fibercore. Fibercore is a UK-based company that specializes in the development and production of specialty optical fibers, including metal coated fibers. The company produces a range of metal coated fibers that are used in applications such as sensing and communication systems. Fibercore is known for its expertise in specialty fibers and its commitment to innovation, making it a significant player in the metal coated fiber market.
TE Connectivity is another key player in the metal coated fiber market. The company produces a range of metal coated fibers that are used in various applications, such as medical devices and aerospace. TE Connectivity is known for its high-quality products and its ability to provide customized solutions to its customers. The company's focus on innovation and research and development has helped it establish a strong presence in the metal coated fiber market.
Precision Fiber Products is a US-based company that specializes in the development and production of specialty optical fibers, including metal coated fibers. The company produces a range of metal coated fibers that are used in applications such as telecommunications, aerospace, and medical devices. Precision Fiber Products is known for its high-quality products and its ability to provide customized solutions to its customers. The company's focus on innovation and customer satisfaction has helped it establish a strong presence in the metal coated fiber market.
Another key player in the metal coated fiber market is Furukawa Electric. Furukawa Electric is a global company that specializes in the development and production of advanced electronics and telecommunications products, including metal coated fibers. The company produces a range of metal coated fibers that are used in various applications, such as telecommunications and aerospace. Furukawa Electric is known for its high-quality products and its commitment to research and development, making it a significant player in the metal coated fiber market.
In conclusion, the metal coated fiber market is a rapidly growing industry that is being shaped by numerous key players. These players are responsible for the development, production, and distribution of metal coated fibers that are used in various applications, from aerospace to medical devices. Bekaert, Fibercore, TE Connectivity, Precision Fiber Products, and Furukawa Electric are just a few of the key players shaping the metal coated fiber market landscape. Their commitment to innovation and quality has helped establish a strong foundation for the metal coated fiber market and will continue to drive its growth in the future.
About Us
Stratview Research is a global market research firm, offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients insightful market data to aid strategic decision-making. These exclusive reports are the result of exclusive research methodology and are available for key industries such as chemicals, composites, advanced materials, technology, renewable energy, and more.
Stratview Research delivers custom research services across sectors. In case of any custom research requirements, please send your inquiry to sales@stratviewresearch.com. Or connect with our experts at +1-313-307-4176.
Offshore Decommissioning Market Size, Share, Trend, Forecast, & Industry Analysis – 2022-2028 [news]
May 03, 2023/Industry News Global/ -- The unexpected shifts in the global markets because of the sudden outbreak of the COVID-19 virus have brought many major and minor tremors to industries of all sizes including the Permanent Magnets Market.
Offshore Decommissioning Market report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.
Market Insights
The offshore decommissioning market is likely to grow from USD 5.04 billion in 2021 to reach USD 8.32 billion by 2028 at a healthy CAGR of 7.4 % during the forecast period
Request a Sample here: https://www.stratviewresearch.com/Request-Sample/1273/offshore-decommissioning-market.html#form
What is offshore decommissioning?
Offshore Decommissioning is a process that involves clogging of the hole in the earth’s surface and disposal of the equipment used in offshore oil production. The process appertains ten steps, which are project management, engineering, and planning; permitting and regulatory compliance; platform preparation; well plugging and abandonment; conductor removal; mobilization and demobilization of derrick barges; platform removal; pipeline and power cable decommissioning; materials disposal; and site clearance
Segment Analysis
By Service Type
The market is segmented as project management, engineering and planning, permitting and regulatory compliance, platform preparation, well plugging and abandonment, conductor removal, mobilization and demobilization of derrick barges, platform removal, pipeline and power cable decommissioning, materials disposal, and site clearance.
The well-plugging & abandonment segment is estimated to lead the market during the forecast period, driven by demand from the European market. Well-plugging & abandonment holds up to 45% share of the total decommissioning cost of a project.
By Depth Type
The market is segmented into shallow water and deep water. The shallow water segment is estimated to capture the larger share of the market and is projected to maintain its edge over the deepwater segment, owing to its lower operational costs. Regardless, in the future, the deepwater segment would compete with the shallow water segment as many platform installations are now, at deepwater and ultra-deepwater depths.
By Structure Type
The market is segmented into topsides, substructures, and subsea infrastructure. The topsides segment captured the largest share of the market in 2021 and is estimated to maintain its dominance during the forecast period. The growth of the segment is attributed to offshore platforms and decommissioning of topsides and related equipment that need specialized heavy lift vessels and removal equipment.
By Removal Type
The market is segmented into partial, leave-in-place, and complete removal types. The complete removal segment is estimated to lead the market during the forecast period. The growth of the segment is due to the enactment of brassbound regulations for complete offshore platform removal to restore marine life and seafloor to its pre-production conditions.
Regional Analysis
Europe accounts for the largest share of the offshore decommissioning market followed by North America. The European market is also expected to be the fastest-growing market during the forecast period. Factors driving the region’s market are mature oil and gas fields, particularly in the UK and the North Sea. Further, the imminent cessation of production in major oil and gas fields offers lucrative growth opportunities in the European market. North America and Asia-Pacific are also expected to offer considerable growth opportunities during the forecast period.
Features of the Report
This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools.
The Offshore Decommissioning Market analysis report discusses the following heads in great detail:
• Market structure: Overview, industry life cycle analysis, supply chain analysis
• COVID-19 Impact Assessment
• Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
• Market trend and forecast analysis
• Market segment trend and forecast
• Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
• Attractive market segments and associated growth opportunities
• Emerging trends
• Strategic growth opportunities for the existing and new players
• Key success factors
About Stratview Research
Stratview Research is a trusted brand globally, providing high quality research and strategic insights that help companies worldwide in effective decision making. It is a global market intelligence firm providing a wide range of services including syndicated market reports, custom research, and sourcing intelligence across industries, such as Advanced Materials, Aerospace & Defense, Automotive & Mass Transportation, Consumer Goods, Construction & Equipment, Electronics and Semiconductors, Energy & Utility, Healthcare & Life Sciences, and Oil & Gas.
Contact: Stratview Research
E-mail: sales@stratviewresearch.com
Direct: +1-313-307-4176
Offshore Decommissioning Market report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.
Market Insights
The offshore decommissioning market is likely to grow from USD 5.04 billion in 2021 to reach USD 8.32 billion by 2028 at a healthy CAGR of 7.4 % during the forecast period
Request a Sample here: https://www.stratviewresearch.com/Request-Sample/1273/offshore-decommissioning-market.html#form
What is offshore decommissioning?
Offshore Decommissioning is a process that involves clogging of the hole in the earth’s surface and disposal of the equipment used in offshore oil production. The process appertains ten steps, which are project management, engineering, and planning; permitting and regulatory compliance; platform preparation; well plugging and abandonment; conductor removal; mobilization and demobilization of derrick barges; platform removal; pipeline and power cable decommissioning; materials disposal; and site clearance
Segment Analysis
By Service Type
The market is segmented as project management, engineering and planning, permitting and regulatory compliance, platform preparation, well plugging and abandonment, conductor removal, mobilization and demobilization of derrick barges, platform removal, pipeline and power cable decommissioning, materials disposal, and site clearance.
The well-plugging & abandonment segment is estimated to lead the market during the forecast period, driven by demand from the European market. Well-plugging & abandonment holds up to 45% share of the total decommissioning cost of a project.
By Depth Type
The market is segmented into shallow water and deep water. The shallow water segment is estimated to capture the larger share of the market and is projected to maintain its edge over the deepwater segment, owing to its lower operational costs. Regardless, in the future, the deepwater segment would compete with the shallow water segment as many platform installations are now, at deepwater and ultra-deepwater depths.
By Structure Type
The market is segmented into topsides, substructures, and subsea infrastructure. The topsides segment captured the largest share of the market in 2021 and is estimated to maintain its dominance during the forecast period. The growth of the segment is attributed to offshore platforms and decommissioning of topsides and related equipment that need specialized heavy lift vessels and removal equipment.
By Removal Type
The market is segmented into partial, leave-in-place, and complete removal types. The complete removal segment is estimated to lead the market during the forecast period. The growth of the segment is due to the enactment of brassbound regulations for complete offshore platform removal to restore marine life and seafloor to its pre-production conditions.
Regional Analysis
Europe accounts for the largest share of the offshore decommissioning market followed by North America. The European market is also expected to be the fastest-growing market during the forecast period. Factors driving the region’s market are mature oil and gas fields, particularly in the UK and the North Sea. Further, the imminent cessation of production in major oil and gas fields offers lucrative growth opportunities in the European market. North America and Asia-Pacific are also expected to offer considerable growth opportunities during the forecast period.
Features of the Report
This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools.
The Offshore Decommissioning Market analysis report discusses the following heads in great detail:
• Market structure: Overview, industry life cycle analysis, supply chain analysis
• COVID-19 Impact Assessment
• Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
• Market trend and forecast analysis
• Market segment trend and forecast
• Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
• Attractive market segments and associated growth opportunities
• Emerging trends
• Strategic growth opportunities for the existing and new players
• Key success factors
About Stratview Research
Stratview Research is a trusted brand globally, providing high quality research and strategic insights that help companies worldwide in effective decision making. It is a global market intelligence firm providing a wide range of services including syndicated market reports, custom research, and sourcing intelligence across industries, such as Advanced Materials, Aerospace & Defense, Automotive & Mass Transportation, Consumer Goods, Construction & Equipment, Electronics and Semiconductors, Energy & Utility, Healthcare & Life Sciences, and Oil & Gas.
Contact: Stratview Research
E-mail: sales@stratviewresearch.com
Direct: +1-313-307-4176
High Voltage Cables Market Market Forecast and Opportunity Assessment till 2028 [Business]
May 03, 2023/Industry News Global/ -- The unexpected shifts in the global markets because of the sudden outbreak of the COVID-19 virus have brought many major and minor tremors to industries of all sizes including the Permanent Magnets Market.
High Voltage Cables Market report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.
Market Insights
The high voltage cables market is likely to grow from USD 37.5 Billion in 2021 to reach USD 47.7 billion by 2028 at a healthy CAGR of 3.44 % during the forecast period.
Request a Sample here: https://www.stratviewresearch.com/Request-Sample/1185/high-voltage-cables-market.html#form
What is a high voltage cable?
A high-voltage cable (HV cable) is a cable used for electric power transmission at high voltage which is widely used in power transmission utilities and many other industries involved in water, renewable energy, nuclear and thermal power.
Segment Analysis
By Voltage Type
The market is segmented as 50 kV – 110 kV, 115 kV – 330 kV and > 330 kV. The 50 kV – 110 kV segment held the largest share of the market in 2021 and is expected to remain dominant during the forecast period. Retrofitting of small-scale industries and large-scale commercial expansion across developing countries has led to the dominance of the segment.
By Application Type
The high voltage cables market is segmented as utility and industrial. The utility segment leads the market owing to growth in population giving rise to increasing consumption of energy, is a major reason for dominance of this segment.
By Region
North America is estimated to be the largest, whereas Asia-Pacific is likely to be the fastest-growing high voltage cables market during the forecast period. The U.S. Government proposed to invest US$ 10 billion to develop new transmission networks to decrease the curtailment rate. China and India are the key countries of the Asia-Pacific region offering lucrative growth opportunities over the forecast period.
Features of the Report
This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools.
The High Voltage Cables Market analysis report discusses the following heads in great detail:
• Market structure: Overview, industry life cycle analysis, supply chain analysis
• COVID-19 Impact Assessment
• Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
• Market trend and forecast analysis
• Market segment trend and forecast
• Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
• Attractive market segments and associated growth opportunities
• Emerging trends
• Strategic growth opportunities for the existing and new players
• Key success factors
About Stratview Research
Stratview Research is a trusted brand globally, providing high quality research and strategic insights that help companies worldwide in effective decision making. It is a global market intelligence firm providing a wide range of services including syndicated market reports, custom research, and sourcing intelligence across industries, such as Advanced Materials, Aerospace & Defense, Automotive & Mass Transportation, Consumer Goods, Construction & Equipment, Electronics and Semiconductors, Energy & Utility, Healthcare & Life Sciences, and Oil & Gas.
Contact: Stratview Research
E-mail: sales@stratviewresearch.com
Direct: +1-313-307-4176
High Voltage Cables Market Size, Share, Trend, Forecast, & Industry Analysis – 2022-2028
High Voltage Cables Market report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.
Market Insights
The high voltage cables market is likely to grow from USD 37.5 Billion in 2021 to reach USD 47.7 billion by 2028 at a healthy CAGR of 3.44 % during the forecast period.
Request a Sample here: https://www.stratviewresearch.com/Request-Sample/1185/high-voltage-cables-market.html#form
What is a high voltage cable?
A high-voltage cable (HV cable) is a cable used for electric power transmission at high voltage which is widely used in power transmission utilities and many other industries involved in water, renewable energy, nuclear and thermal power.
Segment Analysis
By Voltage Type
The market is segmented as 50 kV – 110 kV, 115 kV – 330 kV and > 330 kV. The 50 kV – 110 kV segment held the largest share of the market in 2021 and is expected to remain dominant during the forecast period. Retrofitting of small-scale industries and large-scale commercial expansion across developing countries has led to the dominance of the segment.
By Application Type
The high voltage cables market is segmented as utility and industrial. The utility segment leads the market owing to growth in population giving rise to increasing consumption of energy, is a major reason for dominance of this segment.
By Region
North America is estimated to be the largest, whereas Asia-Pacific is likely to be the fastest-growing high voltage cables market during the forecast period. The U.S. Government proposed to invest US$ 10 billion to develop new transmission networks to decrease the curtailment rate. China and India are the key countries of the Asia-Pacific region offering lucrative growth opportunities over the forecast period.
Features of the Report
This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools.
The High Voltage Cables Market analysis report discusses the following heads in great detail:
• Market structure: Overview, industry life cycle analysis, supply chain analysis
• COVID-19 Impact Assessment
• Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
• Market trend and forecast analysis
• Market segment trend and forecast
• Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
• Attractive market segments and associated growth opportunities
• Emerging trends
• Strategic growth opportunities for the existing and new players
• Key success factors
About Stratview Research
Stratview Research is a trusted brand globally, providing high quality research and strategic insights that help companies worldwide in effective decision making. It is a global market intelligence firm providing a wide range of services including syndicated market reports, custom research, and sourcing intelligence across industries, such as Advanced Materials, Aerospace & Defense, Automotive & Mass Transportation, Consumer Goods, Construction & Equipment, Electronics and Semiconductors, Energy & Utility, Healthcare & Life Sciences, and Oil & Gas.
Contact: Stratview Research
E-mail: sales@stratviewresearch.com
Direct: +1-313-307-4176
High Voltage Cables Market Size, Share, Trend, Forecast, & Industry Analysis – 2022-2028
Space Electronics Market Expected to Rise at A High CAGR, Driving Robust Sales and Revenue till 2024 [news]
Stratview Research has published a new report titled “Space Electronics Market” which is segmented by Platform Type (Satellite, Launch Vehicle, and Others), by Component Type (Discrete Semiconductors, Optoelectronics, Integrated Circuits, and Others), by Subsystem Type (Electrical Power Subsystem, Attitude & Orbital Control Subsystem, Telemetry, Tracking & Command Subsystem, Communication Subsystem, and Others), by Product Type (Radiation-Hardened and Radiation-Tolerant), and by Region (North America, Europe, Asia-Pacific, and Rest of the World).
As per the study, the market is projected to reach an estimated value of US$ 1,620.5 million in 2024. The next five years for the space electronics market are going to be attractive with sizeable growth opportunities for both existing as well as new players.
The factors driving the demand for space electronics are noted below.
• Increasing production of satellites, especially small satellites
• Market entry of commercial space companies
• Increasing involvement of several countries in the space community
• Increased demand for reducing the cost of electronic components
• Technological advancements
Space is an extremely hazardous environment with the presence of lethal radiation, micrometeoroids, highly fluctuating temperatures, and man-made debris, which may cause different types of issues for electronic components from simple bit flips to the dangerous complete burnout of electronic systems. The effects produced by the radiation on the space electronics, such as Single Event Effect (SEE) and Total Ionizing Dose (TID), can be rectified by the radiation-hardening process. The process makes the electronic components capable to operate reliably for eons in the harsh space environment but at a very high cost.
Report Highlights
This report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can affect the industry’s market dynamics. It provides a thorough analysis of the market segments which include products, applications, and competitor analysis.
The market is bifurcated into various segments. Below given is the segment-wise analysis -
By Platform Type
The global space electronics market is segmented based on platform type as Satellite, Launch Vehicle, and Others. The satellite segment is expected to remain the growth engine of the global space electronics market during the forecast period of 2019 to 2024.
Increasing participation of commercial space companies, such as Space X, OneWeb Satellites, and Sky and Space Global Ltd, and an expected launch of more than 4,000 satellites during 2018-2023 would propel the demand for electronics in the satellite segment in years to come.
By Component Type
Based on the component type, the space electronics market is segmented as Discrete Semiconductors, Optoelectronics, Integrated Circuits, and Others. Integrated circuits are expected to remain the most dominant component type in the total space electronics market during the forecast period of 2019 to 2024.
Increasing demand for electronics that are smaller in size and lighter in weight and consume lesser power (reduced SWaP), is the driving force of integrated circuits in the total space electronics market.
By Product Type
Based on the product type, the global space electronics market is segmented as Radiation-Hardened Electronics and Radiation-Tolerant Electronics. Both, radiation-hardened as well as radiation-tolerant electronic segments, are likely to grow at healthy growth rates over the next five years; however, the radiation-tolerant segment is likely to witness higher growth during the same period.
Increasing demand for COTS (Commercial-off-the-Shelf) components, drastically lowering launch costs from commercial space companies, and growing demand for small satellites, especially for earth observation, communication, and networking applications are the key whys and wherefores behind the higher growth of the radiation-tolerant space electronics market.
Which Region is expected to remain the largest market?
Based on the regions, North America is expected to remain the largest space electronics market during the forecast period and is also expected to experience the highest growth during the same period.
NASA is the largest space agency in the world, which is largely involved in space-related activities located in the USA. Furthermore, the market entry of commercial space companies, such as Space X, propel the region’s demand for space electronics in the coming years.
Europe and Asia-Pacific are also likely to offer good growth opportunities in the coming years. India, China, and Russia would be the new growth engines of the European and Asia-Pacific space electronics market in the coming years.
Who are the Key Players in the Market?
This report provides market intelligence most comprehensively. It also provides critical insights into the key players active in the market, which will enable strategic decision-making for the existing market players as well as those willing to enter the market. The following are the key players active in the Space Electronics Market:
• BAE Systems Plc.
• Cobham Plc.
• Honeywell International Inc.
• Microsemi Corporation
• Texas Instruments.
Key questions answered by the report.
• What is the projected CAGR for revenue from the Space Electronics Market during the forecast period?
• What would the market be valued at by 2024?
• What is a major driving factor for the growth of the market?
• Which region accounted for the largest revenue share in the Space Electronics Market?
• Which are the major market players?
Custom Research:
Stratview Research delivers custom research services across sectors. In case of any custom research requirements, please send your inquiry to sales@stratviewresearch.com. Or connect with our experts at +1-313-307-4176.
About Us
Stratview Research is a global market research firm, offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients insightful market data to aid strategic decision-making. These exclusive reports are the result of exclusive research methodology and are available for key industries such as chemicals, composites, advanced materials, technology, renewable energy, and more.
As per the study, the market is projected to reach an estimated value of US$ 1,620.5 million in 2024. The next five years for the space electronics market are going to be attractive with sizeable growth opportunities for both existing as well as new players.
The factors driving the demand for space electronics are noted below.
• Increasing production of satellites, especially small satellites
• Market entry of commercial space companies
• Increasing involvement of several countries in the space community
• Increased demand for reducing the cost of electronic components
• Technological advancements
Space is an extremely hazardous environment with the presence of lethal radiation, micrometeoroids, highly fluctuating temperatures, and man-made debris, which may cause different types of issues for electronic components from simple bit flips to the dangerous complete burnout of electronic systems. The effects produced by the radiation on the space electronics, such as Single Event Effect (SEE) and Total Ionizing Dose (TID), can be rectified by the radiation-hardening process. The process makes the electronic components capable to operate reliably for eons in the harsh space environment but at a very high cost.
Report Highlights
This report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can affect the industry’s market dynamics. It provides a thorough analysis of the market segments which include products, applications, and competitor analysis.
The market is bifurcated into various segments. Below given is the segment-wise analysis -
By Platform Type
The global space electronics market is segmented based on platform type as Satellite, Launch Vehicle, and Others. The satellite segment is expected to remain the growth engine of the global space electronics market during the forecast period of 2019 to 2024.
Increasing participation of commercial space companies, such as Space X, OneWeb Satellites, and Sky and Space Global Ltd, and an expected launch of more than 4,000 satellites during 2018-2023 would propel the demand for electronics in the satellite segment in years to come.
By Component Type
Based on the component type, the space electronics market is segmented as Discrete Semiconductors, Optoelectronics, Integrated Circuits, and Others. Integrated circuits are expected to remain the most dominant component type in the total space electronics market during the forecast period of 2019 to 2024.
Increasing demand for electronics that are smaller in size and lighter in weight and consume lesser power (reduced SWaP), is the driving force of integrated circuits in the total space electronics market.
By Product Type
Based on the product type, the global space electronics market is segmented as Radiation-Hardened Electronics and Radiation-Tolerant Electronics. Both, radiation-hardened as well as radiation-tolerant electronic segments, are likely to grow at healthy growth rates over the next five years; however, the radiation-tolerant segment is likely to witness higher growth during the same period.
Increasing demand for COTS (Commercial-off-the-Shelf) components, drastically lowering launch costs from commercial space companies, and growing demand for small satellites, especially for earth observation, communication, and networking applications are the key whys and wherefores behind the higher growth of the radiation-tolerant space electronics market.
Which Region is expected to remain the largest market?
Based on the regions, North America is expected to remain the largest space electronics market during the forecast period and is also expected to experience the highest growth during the same period.
NASA is the largest space agency in the world, which is largely involved in space-related activities located in the USA. Furthermore, the market entry of commercial space companies, such as Space X, propel the region’s demand for space electronics in the coming years.
Europe and Asia-Pacific are also likely to offer good growth opportunities in the coming years. India, China, and Russia would be the new growth engines of the European and Asia-Pacific space electronics market in the coming years.
Who are the Key Players in the Market?
This report provides market intelligence most comprehensively. It also provides critical insights into the key players active in the market, which will enable strategic decision-making for the existing market players as well as those willing to enter the market. The following are the key players active in the Space Electronics Market:
• BAE Systems Plc.
• Cobham Plc.
• Honeywell International Inc.
• Microsemi Corporation
• Texas Instruments.
Key questions answered by the report.
• What is the projected CAGR for revenue from the Space Electronics Market during the forecast period?
• What would the market be valued at by 2024?
• What is a major driving factor for the growth of the market?
• Which region accounted for the largest revenue share in the Space Electronics Market?
• Which are the major market players?
Custom Research:
Stratview Research delivers custom research services across sectors. In case of any custom research requirements, please send your inquiry to sales@stratviewresearch.com. Or connect with our experts at +1-313-307-4176.
About Us
Stratview Research is a global market research firm, offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients insightful market data to aid strategic decision-making. These exclusive reports are the result of exclusive research methodology and are available for key industries such as chemicals, composites, advanced materials, technology, renewable energy, and more.
Aircraft Fuel Tank Inerting System Market to Witness a Handsome Growth during 2019-2024 [news]
Stratview Research has published a new report titled “Aircraft Fuel Tank Inerting System Market” which is segmented By Platform Type (Commercial Aircraft and Military Aircraft), By Stage Type (Aircraft-based System and Ground-based System), By Method Type (Inert Gas Supply, Ullage Washing, and Fuel Scrubbing), By Technology Type (ASM-based System, Pressure Swing Adsorption, and Others), By End-User Type (OE and Aftermarket), and By Region (North America, Europe, Asia-Pacific, and Rest of The World).
As per the study, the market is forecasted to grow at an impressive rate over the next five years to reach an estimated value of US$ 493.6 million in 2024.
A fuel tank inerting system, also known as a flammability reduction system, is a component in the fuel system that protects against fire and explosion in the fuel tank by developing an inert condition within the ullage space of the fuel tank. It is achieved by supplying inert gas, mostly nitrogen, to displace the oxygen in that ullage space of the tank.
The odds of fuel tank fire or explosion are high during aircraft refueling on the ground and in flight. In the case of aircraft refueling, ground-based systems are used for the supply of inert gas to the aircraft when an aircraft is in inactive mode. During the flight, fuel is continuously consumed creating the space for the flammable gases where the fuel tank inerting system converts the bleed air to nitrogen-enriched air (NEA), replacing the flammable gases in the fuel tank.
This reduction of oxygen in the fuel tank prevents combustion, even if a spark is present. The oxygen concentration inside the fuel tank of an aircraft should be less than 11.9% but can vary in the range of 9%-12%. In such types of systems, nitrogen-enriched air (NEA) is supplied at a concentration of 10%-12%.
Report Highlights
This report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can affect the industry’s market dynamics. It provides a thorough analysis of the market segments which include products, applications, and competitor analysis.
The market is bifurcated into various segments. Below given is the segment-wise analysis -
By Platform Type
Based on the platform type, the market is segmented into commercial aircraft and military aircraft. Commercial aircraft are expected to remain the larger segment of the market during the forecast period. Increasing deliveries of commercial and regional aircraft owing to rising air passenger traffic, growing demand for fuel-efficient aircraft, and expanding aircraft fleet size are the key growth drivers of the segment’s market. Boeing anticipated that approximately 44,040 commercial and regional aircraft will be delivered from 2019 to 2038. A320 family, B737, B787, and A350XWB would remain the growth engines of the market.
By Method Type
Based on the method type, the market is segmented into inert gas supply, ullage washing, and fuel scrubbing. Inert gas supply is expected to remain the most preferred choice in the market during the forecast period, driven by its higher penetration in commercial and regional aircraft. Since the development of hollow-fiber membrane air separation technology, an onboard inert gas generating system (OBIGGS) is widely used in the aerospace industry as it eliminates the usage of an inert gas storage system in aircraft.
Which Region is expected to remain the largest market?
In terms of regions, North America is projected to remain the largest market for aerospace fuel tank inerting systems during the forecast period. The USA is the growth engine of the region’s market and has the largest fleet of military aircraft and one of the largest fleets of commercial aircraft in the world. The presence of all major aircraft OEMs, tier players, fuel tank inerting system suppliers, and raw material suppliers is primarily driving the aircraft fuel tank inerting system market in the country.
Asia-Pacific is likely to witness the highest growth during the same period, driven by a host of factors including increasing demand for commercial aircraft to support rising passenger traffic, the opening of assembly plants of Boeing and Airbus in China, and upcoming indigenous commercial and regional aircraft (COMAC C919 and Mitsubishi MRJ).
Who are the Key Players in the Market?
This report provides market intelligence most comprehensively. It also provides critical insights into the key players active in the market, which will enable strategic decision-making for the existing market players as well as those willing to enter the market.
The following are the key players active in the Aircraft Fuel Tank Inerting System Market:
• Parker-Hannifin Corporation
• Air Liquide S.A.
• Cobham plc
• Collins Aerospace (UTC)
• Eaton Corporation Inc.
• ESCO Technologies Inc.
• Honeywell International Inc.
• Porvair plc
• Valcor Engineering Corporation
• Zodiac Aerospace (Safran S.A.).
Key questions answered by the report.
• What is the projected CAGR for revenue from the Aircraft Fuel Tank Inerting System Market during the forecast period?
• What would the market be valued at by 2024?
• What is a major driving factor for the growth of the market?
• Which region accounted for the largest revenue share in the Aircraft Fuel Tank Inerting System Market?
• Which are the major market players?
Custom Research:
Stratview Research delivers custom research services across sectors. In case of any custom research requirements, please send your inquiry to sales@stratviewresearch.com. Or connect with our experts at +1-313-307-4176.
About Us
Stratview Research is a global market research firm, offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients insightful market data to aid strategic decision-making. These exclusive reports are the result of exclusive research methodology and are available for key industries such as chemicals, composites, advanced materials, technology, renewable energy, and more.
As per the study, the market is forecasted to grow at an impressive rate over the next five years to reach an estimated value of US$ 493.6 million in 2024.
A fuel tank inerting system, also known as a flammability reduction system, is a component in the fuel system that protects against fire and explosion in the fuel tank by developing an inert condition within the ullage space of the fuel tank. It is achieved by supplying inert gas, mostly nitrogen, to displace the oxygen in that ullage space of the tank.
The odds of fuel tank fire or explosion are high during aircraft refueling on the ground and in flight. In the case of aircraft refueling, ground-based systems are used for the supply of inert gas to the aircraft when an aircraft is in inactive mode. During the flight, fuel is continuously consumed creating the space for the flammable gases where the fuel tank inerting system converts the bleed air to nitrogen-enriched air (NEA), replacing the flammable gases in the fuel tank.
This reduction of oxygen in the fuel tank prevents combustion, even if a spark is present. The oxygen concentration inside the fuel tank of an aircraft should be less than 11.9% but can vary in the range of 9%-12%. In such types of systems, nitrogen-enriched air (NEA) is supplied at a concentration of 10%-12%.
Report Highlights
This report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can affect the industry’s market dynamics. It provides a thorough analysis of the market segments which include products, applications, and competitor analysis.
The market is bifurcated into various segments. Below given is the segment-wise analysis -
By Platform Type
Based on the platform type, the market is segmented into commercial aircraft and military aircraft. Commercial aircraft are expected to remain the larger segment of the market during the forecast period. Increasing deliveries of commercial and regional aircraft owing to rising air passenger traffic, growing demand for fuel-efficient aircraft, and expanding aircraft fleet size are the key growth drivers of the segment’s market. Boeing anticipated that approximately 44,040 commercial and regional aircraft will be delivered from 2019 to 2038. A320 family, B737, B787, and A350XWB would remain the growth engines of the market.
By Method Type
Based on the method type, the market is segmented into inert gas supply, ullage washing, and fuel scrubbing. Inert gas supply is expected to remain the most preferred choice in the market during the forecast period, driven by its higher penetration in commercial and regional aircraft. Since the development of hollow-fiber membrane air separation technology, an onboard inert gas generating system (OBIGGS) is widely used in the aerospace industry as it eliminates the usage of an inert gas storage system in aircraft.
Which Region is expected to remain the largest market?
In terms of regions, North America is projected to remain the largest market for aerospace fuel tank inerting systems during the forecast period. The USA is the growth engine of the region’s market and has the largest fleet of military aircraft and one of the largest fleets of commercial aircraft in the world. The presence of all major aircraft OEMs, tier players, fuel tank inerting system suppliers, and raw material suppliers is primarily driving the aircraft fuel tank inerting system market in the country.
Asia-Pacific is likely to witness the highest growth during the same period, driven by a host of factors including increasing demand for commercial aircraft to support rising passenger traffic, the opening of assembly plants of Boeing and Airbus in China, and upcoming indigenous commercial and regional aircraft (COMAC C919 and Mitsubishi MRJ).
Who are the Key Players in the Market?
This report provides market intelligence most comprehensively. It also provides critical insights into the key players active in the market, which will enable strategic decision-making for the existing market players as well as those willing to enter the market.
The following are the key players active in the Aircraft Fuel Tank Inerting System Market:
• Parker-Hannifin Corporation
• Air Liquide S.A.
• Cobham plc
• Collins Aerospace (UTC)
• Eaton Corporation Inc.
• ESCO Technologies Inc.
• Honeywell International Inc.
• Porvair plc
• Valcor Engineering Corporation
• Zodiac Aerospace (Safran S.A.).
Key questions answered by the report.
• What is the projected CAGR for revenue from the Aircraft Fuel Tank Inerting System Market during the forecast period?
• What would the market be valued at by 2024?
• What is a major driving factor for the growth of the market?
• Which region accounted for the largest revenue share in the Aircraft Fuel Tank Inerting System Market?
• Which are the major market players?
Custom Research:
Stratview Research delivers custom research services across sectors. In case of any custom research requirements, please send your inquiry to sales@stratviewresearch.com. Or connect with our experts at +1-313-307-4176.
About Us
Stratview Research is a global market research firm, offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients insightful market data to aid strategic decision-making. These exclusive reports are the result of exclusive research methodology and are available for key industries such as chemicals, composites, advanced materials, technology, renewable energy, and more.
Automotive Interior Materials Market Size, Share, Trend, Forecast, & Industry Analysis – 2022-2028 [news]
May 02, 2023/Industry News Global/ -- The unexpected shifts in the global markets because of the sudden outbreak of the COVID-19 virus have brought many major and minor tremors to industries of all sizes including the Permanent Magnets Market.
Automotive Interior Materials Market report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.
Market Insights
The automotive interior materials market is likely to grow from USD 48.2 billion in 2021 to reach USD 58.93 billion by 2028 at a healthy CAGR of 2.81% during the forecast period.
Request a Sample here: https://www.stratviewresearch.com/Request-Sample/1278/automotive-interior-materials-market.html#form
What is automotive interior material?
Automotive interior materials are components that are installed in a vehicle and are designed in a way to improve the esthetic appeal of the vehicle. These decorative automotive interiors are of different types such as polymers, genuine leathers, fabric, synthetic leather, and others, and can be used for the application of dashboards, seats, airbags & seatbelts, and others which can be utilized to improve vehicle cabin ambiance and comfort.
Drivers
The impressive growth of the market is attributable towards:
• The major factors such as growing emphasis on overall weight minimization of vehicles for optimizing the efficiency of fuel.
• Growth in the automotive industry in emerging regions is expected to be the main factor for increased demand.
• Different types of organic and inorganic strategies are adopted by the key players in the market to expand their presence in emerging markets, such as China, India, Thailand, and Brazil.
Key Players
Some of the major players in the market are-
• Arkema
• BASF SE
• Continental AG
• Evonik Industries AG
• Hexcel Corporation
• RPM International Inc.
• Saudi Basic Industries Corporation
• Stahl Holdings B.V.
• Toray Industries, Inc.
• UFP Technologies.
Features of the Report
This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools.
The Automotive Interior Materials Market analysis report discusses the following heads in great detail:
• Market structure: Overview, industry life cycle analysis, supply chain analysis
• COVID-19 Impact Assessment
• Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
• Market trend and forecast analysis
• Market segment trend and forecast
• Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
• Attractive market segments and associated growth opportunities
• Emerging trends
• Strategic growth opportunities for the existing and new players
• Key success factors
About Stratview Research
Stratview Research is a trusted brand globally, providing high quality research and strategic insights that help companies worldwide in effective decision making. It is a global market intelligence firm providing a wide range of services including syndicated market reports, custom research, and sourcing intelligence across industries, such as Advanced Materials, Aerospace & Defense, Automotive & Mass Transportation, Consumer Goods, Construction & Equipment, Electronics and Semiconductors, Energy & Utility, Healthcare & Life Sciences, and Oil & Gas.
Contact: Stratview Research
E-mail: sales@stratviewresearch.com
Direct: +1-313-307-4176
Automotive Interior Materials Market report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.
Market Insights
The automotive interior materials market is likely to grow from USD 48.2 billion in 2021 to reach USD 58.93 billion by 2028 at a healthy CAGR of 2.81% during the forecast period.
Request a Sample here: https://www.stratviewresearch.com/Request-Sample/1278/automotive-interior-materials-market.html#form
What is automotive interior material?
Automotive interior materials are components that are installed in a vehicle and are designed in a way to improve the esthetic appeal of the vehicle. These decorative automotive interiors are of different types such as polymers, genuine leathers, fabric, synthetic leather, and others, and can be used for the application of dashboards, seats, airbags & seatbelts, and others which can be utilized to improve vehicle cabin ambiance and comfort.
Drivers
The impressive growth of the market is attributable towards:
• The major factors such as growing emphasis on overall weight minimization of vehicles for optimizing the efficiency of fuel.
• Growth in the automotive industry in emerging regions is expected to be the main factor for increased demand.
• Different types of organic and inorganic strategies are adopted by the key players in the market to expand their presence in emerging markets, such as China, India, Thailand, and Brazil.
Key Players
Some of the major players in the market are-
• Arkema
• BASF SE
• Continental AG
• Evonik Industries AG
• Hexcel Corporation
• RPM International Inc.
• Saudi Basic Industries Corporation
• Stahl Holdings B.V.
• Toray Industries, Inc.
• UFP Technologies.
Features of the Report
This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools.
The Automotive Interior Materials Market analysis report discusses the following heads in great detail:
• Market structure: Overview, industry life cycle analysis, supply chain analysis
• COVID-19 Impact Assessment
• Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
• Market trend and forecast analysis
• Market segment trend and forecast
• Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
• Attractive market segments and associated growth opportunities
• Emerging trends
• Strategic growth opportunities for the existing and new players
• Key success factors
About Stratview Research
Stratview Research is a trusted brand globally, providing high quality research and strategic insights that help companies worldwide in effective decision making. It is a global market intelligence firm providing a wide range of services including syndicated market reports, custom research, and sourcing intelligence across industries, such as Advanced Materials, Aerospace & Defense, Automotive & Mass Transportation, Consumer Goods, Construction & Equipment, Electronics and Semiconductors, Energy & Utility, Healthcare & Life Sciences, and Oil & Gas.
Contact: Stratview Research
E-mail: sales@stratviewresearch.com
Direct: +1-313-307-4176
