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Fact.MR Articles
Portable generators uptake to contribute to $50m in commercial setting by 2031
ESOMAR-certified market research and consulting firm, Fact.MR, establishes that the global portable generators market is expected to be valued at $850m in 2021, reflecting a CAGR of 6.5% over the upcoming decade (2021-2031).
Aircraft refurbishment market analysis
According to the latest studies, the global aircraft refurbishing market is valued at $4.2m in 2021 with stable long-term projections. The report estimates the market to expand at around 5.8% CAGR from 2021 to 2031.
Demand for wireless ultrasound devices driven by rising birth rates
As per a new report published by a market research and competitive intelligence provider, the global wireless handheld ultrasound devices market is likely to add revenue at a CAGR of around 16% and surpass $2.9bn valuation by 2031.
Aerial Work Platforms Market to grow at a CAGR of 6%
A recently-published report by Fact.MR reveals that the global aerial work platforms market is projected to grow at a CAGR of 6% during the forecast period (2021 to 2031), surpassing nearly US$16 billion by 2031. Growth is spearheaded by the ever-increasing scope of infrastructure projects across such countries as China, India, Brazil, and Mexico.
AR in higher education to make up half of global sales
As per a market research and competitive intelligence provider, the global AR (augmented reality) in education market is anticipated to top $85 billion by 2031, progressing at an astonishing CAGR of 80% over the next ten years.
Global driver alert system market predicted to exceed $101bn by 2031
A market research and competitive intelligence provider’s market intelligence report states the global driver alert system market is expected to exceed $101bn by registering a healthy CAGR of 14% in the forecast period 2021 to 2031.
Automotive ceramics for electronics to spur demand
The global automotive ceramics market is expected to top $2bn by 2031, expanding at a CAGR of five percent across the decade, concludes a recently published research study by a market research and competitive intelligence provider. A surging global automotive market and its allied industries are catalysing demand for automotive ceramics.
Demand for marine carbon fibre composites to surge
As per a new report published by a market research and competitive intelligence provider, the global market for marine composites was valued at $4bn in 2020, and is projected to top $5bn by 2031, expanding at a CAGR of six percent. Demand for carbon fibre polymer matrix composites is projected to surge over the coming years.
Demand for unmanned traffic management systems to surge
As of now, North America accounts for a majority of the market share for unmanned traffic management (UTM) systems, followed by Europe. This is due to high penetration of autonomous aerial vehicles, UAVs, conventional aircraft, and drones in the region.
Demand for unmanned traffic management systems to surge
As of now, North America accounts for a majority of the market share for unmanned traffic management (UTM) systems, followed by Europe. This is due to high penetration of autonomous aerial vehicles, UAVs, conventional aircraft, and drones in the region.
AI to drive runway foreign object debris detection market
The global airport runway foreign object debris (FOD) detection systems market hit a $36m valuation in 2020, and is poised to reflect a promising growth rate through the forecast period of 2021 to 2031. Airport runway FOD detection system sales are increasingly driven by growth in civilian aircraft fleets.
Automotive lightweight material market to reach $400bn
The global automotive lightweight material market is forecast to witness a moderate growth rate of around five percent over the forecast period of 2020 to 2030. Growing demand for automotive lightweight material over the past half-decade could be attributed to the production uptake of automotive since 2015.
Airport runway FOD detection system market slated to grow
The global airport runway FOD detection system market is poised to grow steadily at a CAGR of ~4% across the forecast period (2020-2030). Aviation authorities across the globe are focusing on adoption of airport runway FOD detection systems to ensure safety of aircrafts.
Aviation connector market to grow COVID-19
Surge in new air travelling routes and a substantial increase in frequency of existing routes will continue to bolster growth for the aviation connector market.
Aerospace plastic market to grow through 2030
The global aerospace plastic market will grow at a modest four percent CAGR during the forecast period (2020 to 2030). Suspension of consumer air travel during the pandemic has left a detrimental impact on the global aviation industry.
EVs propelling the high voltage electric heaters market
Rising environmental concerns and emission regulations have led to a paradigm shift in the automobile industry, from internal combustion (IC) engine driven vehicles to the adoption of ecofriendly electric and hybrid vehicles.
Automotive lightweight material market to grow 5%
Sales of automotive lightweight material are estimated to surpass 76 kilotons in 2019, up from nearly 74 kilotons in 2018, according to a recent Fact.MR report. The automotive lightweight material industry is significantly influenced by broader trends in the automobile industry, especially evolving regulations on fuel efficiency. Fact.MR’s new report analyses this landscape in detail, and offers readers a comprehensive analysis on the key f...
Proliferation of next-gen tech benefits liquid crystal polymer sales
The latest study indicates that ~ 46,582 KT of liquid crystal polymer (LCP) were sold in 2018, and it is envisaged that the sales will pick pace by ~5% in 2019. The radical increase in the applications of liquid crystal polymer in electronics & electrical industry, which led to ~70% sales of LCP will continue to pace up lucrative growth avenues for market players through 2029.
Realising the potential of polycarbonate resins
A latest study indicates that ~ 5,006 KT of polycarbonate resins were sold in 2018, and it is anticipated that the sales will rise by ~4% in 2019. The global polycarbonate resins market is highly likely to witness steady growth in the foreseeable years, which will primarily be driven by the radical increase in its applications in various industry verticals.
Redefining the competence of robots in industrial automation
Serving as the cornerstone of industrial robots that are already in use across industries, the robotic tool changers are playing a pivotal role in improving their overall productivity and efficiency. With mass shifting of factories to Industry 4.0, adoption of robotic tool changers marks an important step for businesses toward achieving complete industrial automation. By Santosh Kumar, Fact.MR