LAMEA Amphibious Vehicle Market to Reach 12.2% of CAGR During 2031

Allied Market Research published a report, titled, “Amphibious Vehicle Market by Mode of Propulsion (Water-Jet, Track-Based and Screw Propeller), Application (Surveillance & Rescue, Water Sports, Water Transportation and Excavation), and End Use (Defense and Commercial): Global Opportunity Analysis and Industry Forecast, 2020–2027.” According to the report, the global amphibious vehicle industry generated $2.70 billion in 2019, and is expected to garner $5.02 billion by 2027, witnessing a CAGR of 8.5% from 2020 to 2027.

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Surge in investment in the defense sector to increase adoption and demand in commercial applications drive the growth of the global amphibious vehicle market. However, high initial investment and rise in operational costs along with seasonal serviceability hinder the market growth. On the other hand, usage of advanced amphibious vehicles (ACV) in marine applications and demand for amphibious excavators for dredging and excavation present new opportunities in the coming years.

Covid-19 Scenario

  • Governments across various countries have shifted their focus toward spending on healthcare and safeguarding the economy. This might result in reduced spending on the defense sector. Some of the countries had already announced reductions in the defense budget. This would affect the demand for amphibious vehicle.
  • Manufacturing activities were stopped during the lockdown in many countries. In addition, the lockdown disrupted the supply chain. During the post-lockdown, manufacturing activities would begin and supply chain would be regulated. In addition, R&D activities would gain pace and the trend of innovation will take place.

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North America to maintain its dominant share throughout the forecast period

Based on region, North America accounted for the largest market share in terms of revenue in 2019, holding more than two-fifths of total share, and will maintain its dominant share throughout the forecast period. This is due to rise in defense budget and military expenditure in countries such as U.S. and Canada. However, LAMEA is expected to portray the largest CAGR of 12.2% from 2020 to 2027, owing to technological developments in the field of defense systems and rise in investments by governments and military agencies.

Leading market players

  • BAE Systems
  • EIK Engineering Sdn. Bhd.
  • General Dynamics Corporation
  • Hitachi Construction Machinery
  • Lockheed Martin Corporation
  • Marsh Buggies Incorporated
  • Rheinmetall AG
  • Science Applications International Corporation (SAIC)
  • Wetland Equipment Company, Inc.
  • Wilco Manufacturing LLC.

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Similar Reports We Have on Automotive, Aerospace & Defense Industry:

Armored Vehicles Market by Application (Defense and Commercial), Drive Type (Wheel and Track), and Vehicle Type (Armored Personnel Carrier, Infantry Fighting Vehicle, Main Battle Tanks, Tactical Truck, Bus, Limousine, Sedan, and Other): Global Opportunity Analysis and Industry Forecast, 2019–2026.

Unmanned Surface Vehicle (USV) Market by Application (Defense, Scientific Research, Commercial, and Others), by Size (Small, Medium, Large, and Extra Large), by Modes of Operation (Intelligence, Surveillance and Reconnaissance (ISR), Mine Counter Measures (MCM), Anti-Submarine Warfare, Oil & Gas Explorations, Oceanology Data Mapping, and Others), and by Payload (Sidescan Sonar, Towed Array, Dipping Sonar, Mini Autonomous Underwater Vehicle, Expandable Mine Neutralizers, Unmanned Aerial Vehicle, Geotechnical Seabed Data Collector, and Underway Water Column Profilers) – Global Opportunity Analysis and Industry Forecast, 2017-2030.

About Allied Market Research

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP, based in Portland, Oregon. AMR provides global enterprises as well as medium and small businesses with unmatched quality of “”Market Research Reports”” and “”Business Intelligence Solutions.”” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

AMR introduces its online premium subscription-based library Avenue, designed specifically to offer cost-effective, one-stop solution for enterprises, investors, and universities. With Avenue, subscribers can avail an entire repository of reports on more than 2,000 niche industries and more than 12,000 company profiles. Moreover, users can get an online access to quantitative and qualitative data in PDF and Excel formats along with analyst support, customization, and updated versions of reports.

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Asia-Pacific Vehicle Electrification Market to Reach 12.9% of CAGR During 2031

According to the report published by Allied Market Research, the global vehicle electrification market was pegged at $70.14 billion in 2019 and is anticipated to hit $140.29 billion by 2027, registering a CAGR of 11.3% from 2020 to 2027. The report provides an all-inclusive analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive scenario, and changing market trends.

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Reduction in prices of batteries per KWH and rising adoption of fuel-efficient mobility solutions along with effective performance requirements fuel the growth of the global vehicle electrification market. On the other hand, decrease in production and sales of automotive and high dependence on mechanical & hydraulic systems in existing vehicles impede the growth to some extent. Nevertheless, surge in need for cost-effective solutions and rise in electrification of commercial vehicles and fleets are projected to pave the way for multiple opportunities in the industry.

Covid-19 scenario:

  • The outbreak of Covid-19 impacted the development of vehicle electrification technology for business model transformation, as the sector has been confronting demand shock for an indefinite timeline.
  • Also, shift in consumer behavior affected the market to certain extent.
  • Nevertheless, government bodies in different countries have now come up with relaxations on the existing restrictions, and the market is anticipated to get back to its position soon.

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By geography, Asia-Pacific generated nearly two-fifths of the market and is projected to rule the roost by 2027. The same region is also expected to portray the fastest CAGR of 12.9% by the end of 2027. The other provinces studied in the market report include North America, Europe, and LAMEA.

The key market players analyzed in the global vehicle electrification market report include CONTINENTAL AG, Delphi Technologies, Hitachi Automotive Systems, Ltd., Johnson Electric Holdings Limited, Robert Bosch GmbH, ZF FRIEDRICHSHAFEN AG, AISIN SEIKI Co., Ltd., BorgWarner Inc., Magna International Inc., and Denso Corporation. These market players have taken recourse to numerous strategies including partnership, expansion, collaboration, joint ventures, and others to elevate their status in the industry.

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Similar Reports We Have on Electric Vehicle Industry:

Aircraft Electrification Market by Application (Power Generation, Power Distribution, Power Conversion and Energy Storage), Technology (More Electric, Hybrid Electric and Fully Electric), Component (Batteries, Fuel Cells, Solar Cells, Electric Actuators, Electric Pumps and Others), Platform (Commercial Aviation, Military Aviation, and Business & General Aviation), and System (Propulsion Systems and Aircraft Systems): Global Opportunity Analysis and Industry Forecast, 2020–2030.

Electric Vehicle Market by Type (Battery Electric Vehicles (BEV), Hybrid Electric Vehicles (HEV), and Plug-in Hybrid Electric Vehicles (PHEV)), Vehicle Class (Mid-Priced and Luxury), and Vehicle Type (Two-wheelers, Passenger Cars, and Commercial Vehicles): Global Opportunity Analysis and Industry Forecast, 2020–2030.

About Allied Market Research

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP, based in Portland, Oregon. AMR provides global enterprises as well as medium and small businesses with unmatched quality of “”Market Research Reports”” and “”Business Intelligence Solutions.”” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

AMR introduces its online premium subscription-based library Avenue, designed specifically to offer cost-effective, one-stop solution for enterprises, investors, and universities. With Avenue, subscribers can avail an entire repository of reports on more than 2,000 niche industries and more than 12,000 company profiles. Moreover, users can get an online access to quantitative and qualitative data in PDF and Excel formats along with analyst support, customization, and updated versions of reports.

Contact:
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
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Glass Fiber Reinforced Plastics (GFRP) Composites Market Segmented on the basis of Growth, Application, and Geography

Allied Market Research published a new report, titled, ” Glass Fiber Reinforced Plastics (GFRP) Composites Market by Type (Polyesters, Vinyl Ester, and Polyurethane), Process (Manual, Continuous, Compression Molding, and Injection Molding) and Application (Wind Energy, Automobile, Marine, Pipe &Tanks, Aerospace, Construction, Electricals & Electronics, and Others) – Global Opportunity Analysis and Industry Forecast, 2020-2027.” The report offers an extensive analysis of key growth strategies, drivers, opportunities, key segment, Porter’s Five Forces analysis, and competitive landscape. This study is a helpful source of information for market players, investors, VPs, stakeholders, and new entrants to gain thorough understanding of the industry and determine steps to be taken to gain competitive advantage.

The report offers key drivers that propel the growth in the global glass fiber reinforced plastics (GFRP) composites market. These insights help market players in devising strategies to gain market presence. The research also outlined restraints of the market. Insights on opportunities are mentioned to assist market players in taking further steps by determining potential in untapped regions.

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The research offers a detailed segmentation of the global glass fiber reinforced plastics (GFRP) composites market. Key segments analyzed in the research include on type, process, application, and geography. Extensive analysis of sales, revenue, growth rate, and market share of each based on type, process, application, and geography for the historic period and the forecast period is offered with the help of tables.

The market is analyzed based on regions and competitive landscape in each region is mentioned. Regions discussed in the study include North America (United States, Canada and Mexico), Europe (Germany, France, UK, Russia and Italy), Asia-Pacific (China, Japan, Korea, India and Southeast Asia), South America (Brazil, Argentina, Colombia), Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa). These insights help to devise strategies and create new opportunities to achieve exceptional results.

The research offers an extensive analysis of key players active in the global glass fiber reinforced plastics (GFRP) composites industry. Detailed analysis on operating business segments, product portfolio, business performance, and key strategic developments is offered in the research. Leading market players analyzed in the report include Owens Corning, Jushi Group, Taishan Fiberglass Inc, Saint Gobain. These players have adopted various strategies including expansions, mergers & acquisitions, joint ventures, new product launches, and collaborations to gain a strong position in the industry.

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Key Benefits:

  • The report provides a qualitative and quantitative analysis of the current glass fiber reinforced plastics (GFRP) composites market trends, forecasts, and market size from 2019 to 2026 to determine new opportunities.
  • Porter’s Five Forces analysis highlights the potency of buyers and suppliers to enable stakeholders to make strategic business decisions and determine the level of competition in the industry.
  • Top impacting factors & major investment pockets are highlighted in the research.
  • The major countries in each region are analyzed and their revenue contribution is mentioned.
  • The market player positioning segment provides an understanding of the current position of the market players active in the glass fiber reinforced plastics (GFRP) composites industry.

Key offerings of the report:

  • Key drivers & Opportunities: Detailed analysis on driving factors and opportunities in different segments for strategizing.
  • Current trends & forecasts: Comprehensive analysis on latest trends, development, and forecasts for next few years to take next steps.
  • Segmental analysis: Each segment analysis and driving factors along with revenue forecasts and growth rate analysis.
  • Regional Analysis: Thorough analysis of each region help market players devise expansion strategies and take a leap.
  • Competitive Landscape: Extensive insights on each of the leading market players for outlining competitive scenario and take steps accordingly.

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About Us:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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Medical Foam Market Recent Survey and Strong Application Scope by 2027

According to the report published by Allied Market Research, the global medical foam industry estimated at $23.6 billion in 2019, and is projected to reach $38.1 billion by 2027, growing at a CAGR of 6.1% from 2020 to 2027. The report offers an in-depth analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive landscape, and changing market trends.

Increase in number of aged population and requirement for enhanced comfort for patients and rise in need for protective packaging of medical devices and medical wearables fuel the growth of the global medical foam market. On the other hand, side-effects such as retention of heat, heaviness, and time to adjust sleeping position of mattresses restrain the market growth to a certain extent. Nevertheless, rise in number of private and government hospitals across the globe is anticipated to provide an array of opportunities for the market players in the approaching time.

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Covid-19 scenario:

  • The number of patients admitted to hospitals has increased during Coivd-19, which positively impacted the sales of medical foam.
  • Patients infected with Covid-19 require a long time for recovery, thereby increasing the number of beds, which further surged the demand for the medical foam.
  • Growing demand for PPE kits has further contributed to the growth of the market.

The medical foam market is segmented on the basis of type, material, application and region. Based on type, the flexible segment dominated the market with the largest share in 2019, contributing to nearly half of the global market. Furthermore, the segment is also expected to grow at the highest CAGR of 6.7% from 2020 to 2027. Moreover, the report also analyzes segments including rigid and molded.

Based on application, the market is divided on the basis of packaging, bedding and cushioning, device and components, and others. The bedding and cushioning segment held the largest share in 2019, with more than half of the global market. However, the device and components segment is estimated to portray the highest CAGR of 7.8% during the forecast period.

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Based on region, the market is analyzed across various regions including Asia-Pacific, Europe, North America, and LAMEA. The Asia-Pacific region accounted for the highest market share with nearly half of the total revenue in 2019, and would lead the trail throughout the forecast period. In addition, the region is also anticipated to register the fastest CAGR of 6.6% during the forecast period. 

Major market players in the report include Apollo Foam Limited, Advanced Medical Solutions Group plc, Draka Interfoam B.V., Foamtec Medical, UFP Technologies, Freudenberg Performance Materials s.a.s, Technical Foam Services Limited, General Plastics Manufacturing Company, and Transcontinental Advanced Coating.

About Us:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

Contact:

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Unmanned Ground Vehicle Market: Asia-Pacific Region to Rake at 13.85% CAGR During 2021–2030

According to the report published by Allied Market Research, the global unmanned ground vehicle market generated $2.12 billion in 2020, and is estimated to generate $6.04 billion by 2030, witnessing a CAGR of 11.4% from 2021 to 2030. The report offers a detailed analysis of changing market trends, value chain, top segments, key investment pockets, regional scenarios, and competitive landscape.

Increase in demand for unmanned ground vehicles for civilian purposes and reduction in risk of human lives drive the growth of the global UGV market. However, reductions in defense budgets by developed economies, concerns regarding reliability and bandwidth, and vehicle battery’s restricted life impede the market growth. On the contrary, a rise in the demand for autonomous control systems and a gain in operational efficiency create new opportunities in the coming years.

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Covid-19 Scenario:

The outbreak of Covid-19 had a significant effect on the global unmanned ground vehicle market, due to the implementation of lockdown measures across the globe.
The Covid-19 pandemic created several obstacles for the unmanned ground vehicle market, including disruptions in the supply chain of raw materials and components, logistical challenges, and reductions in defense spending in many countries.
Defense system manufacturers and service providers, however, had to cut expansion and R&D expenditures to cope with the defense industry’s declining revenue and operating performance.
The report offers detailed segmentation of the global unmanned ground vehicle market based on size, mode of locomotion, application, operation, and region.

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Based on size, the small size segment held the highest market share in 2020, accounting for nearly two-thirds of the total share, and is projected to maintain its leadership status during the forecast period. However, the heavy size segment is estimated to grow at the fastest CAGR of 13.38% from 2021 to 2030.

Based on application, the defense segment accounted for the largest share in 2020, contributing to nearly three-fourths of the global unmanned ground vehicle market, and is expected to maintain its lead position during the forecast period. However, the commercial segment is projected to portray the highest CAGR of 12.52% from 2021 to 2030.

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Based on region, North America contributed the highest share in 2020, accounting for nearly half of the total share, and is expected to continue its dominant share in terms of revenue by 2030. However, Asia-Pacific is projected to manifest the largest CAGR of 13.85% during the forecast period.

Leading players in the global unmanned ground vehicle market discussed in the research include Autonomous Solutions Inc. (ASI), Armtrac Inc., Clearpath Robotics Inc., General Dynamics Corporation, DOK-ING Ltd., GESAR INC., ICOR Technology, Horiba Mira Ltd., Teledyne FLIR LLC., and Northrop Grumman Corporation.

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Similar Reports We Have on Military & Defense Industry:

Unmanned Surface Vehicle (USV) Market by Application (Defense, Scientific Research, Commercial, and Others), by Size (Small, Medium, Large, and Extra Large), by Modes of Operation (Intelligence, Surveillance and Reconnaissance (ISR), Mine Counter Measures (MCM), Anti-Submarine Warfare, Oil & Gas Explorations, Oceanology Data Mapping, and Others), and by Payload (Sidescan Sonar, Towed Array, Dipping Sonar, Mini Autonomous Underwater Vehicle, Expandable Mine Neutralizers, Unmanned Aerial Vehicle, Geotechnical Seabed Data Collector, and Underway Water Column Profilers) – Global Opportunity Analysis and Industry Forecast, 2017-2030.

Unmanned Underwater Vehicles Market by Type (Remotely Operated Vehicle (ROV) and Autonomous Underwater Vehicle (AUV)), Product (Vehicles, High-capacity Electric Vehicles, Work Class Vehicles, Heavy Work Class Vehicles, Man portable, Light Weight Vehicles, and Heavy Weight Vehicles), and Application (Commercial Exploration, Defense, Scientific Research, and Miscellaneous): Global Opportunity Analysis and Industry Forecast, 2020-2030.

About Us

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

Contact:

David Correa
5933 NE Win Sivers Drive
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Drone Defense System Market: Countermeassure Systems to Surpass at 28.6% CAGR During 2021–2030

According to the report published by Allied Market Research, the global drone defense system market generated $2.13 billion in 2020, and is projected to garner $16.76 billion by 2030, manifesting a CAGR of 26.6% from 2021 to 2030. The report provides a detailed analysis of changing market dynamics, key segments, major investment pockets, competitive landscape, value chain, and regional scenario.

Increase in drone related incidents across the globe and emergence of various startups offering drone defense systems fuel the global drone defense system market. However, issues associated with the drone defense related technologies and inefficiencies of counter drone technologies restrain the growth. Nevertheless, advancements in technology in tackling drone swarms and surge in defense expenditure create new opportunities in the next few years.

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Covid-19 Scenario:

The outbreak of COVID-19 significantly impacted the drone defense system market, due to implementation of several lockdown measures across the globe.
The outbreak furthermore introduced several challenges for the drone defense system industry including disruptions in the supply chain of raw materials, logistics challenges, and others.
The drone defense technology manufacturers, on the other hand, had to reduce expansion and R&D investments to survive the decline in revenue and operating performance of the defense industry.
Several nations are now focusing on vaccination drives. Also, the restriction are getting loosened off in various regions. And, therefore, the industry is expected to recoup soon.
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The global market is segmented on the basis of end user, technology, application, and region. By end user, the military segment accounted for the highest share, holding around two-fifths of the total market share in 2020, and is projected to maintain its leadership status throughout the forecast period. In addition, the same segment is expected to witness the fastest CAGR of 29.5% from 2021 to 2030.

By technology, the countermeassure systems segment accounted for the largest market share in 2020, contributing to nearly two-thirds of the global drone defense system market, and is projected to maintain its dominant share in terms of revenue during the forecast period. Furthermore, the segment is estimated to witness the fastest CAGR of 28.6% from 2021 to 2030.

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By region, Asia-Pacific generated the highest market share in 2020, holding nearly one-third of the total market share, and is projected to maintain its lead position by 2030. Along with this, the region is also projected to witness the highest CAGR of 30.7% during the forecast period. The report also analyzes regions including North America, Europe, and LAMEA.

Leading players of the global drone defense system market analyzed in the research include Leonardo S.P.A., Mistral Solutions Pvt. Ltd., Aaronia AG, Aselsan AS, Blighter Surveillance Systems Ltd., Dedrone, Inc., Droneshield, Hensoldt, Rheinmetall AG, and Rinicom Ltd.

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Similar Reports We Have on Drone Technology:

Drone Payload Market by Type (Cameras and sensors, Radar and communication, Weaponry), Users (Defense, Agriculture and environment, Media and entertainment, Energy, Government, Construction and archaeology, transportation, insurance, tourism) – Opportunity Analysis and Industry Forecast, 2014 – 2030.

Target Drone Market by Engine Type (IC Engine, Turbojet, and Others), Fit (Line-Fit and Retrofit), Target Type (Aerial, Ground, and Water-Based Targets), Function (Full-Scaled, Sub-Scaled, Free Flying, Towing, and Sporting), Payload (Scoring system, Miss Distance Indicators (MDI) Systems, Identification Friend-Or-Foe (IFF), Active and Passive Radar Augmentation, and Others), and End Users (Defense, Homeland Security, and Commercial): Global Opportunity Analysis and Industry Forecast, 2020-2030.

About Us

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

Contact:

David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
USA/Canada (Toll Free):
+1-800-792-5285, +1-503-894-6022
UK: +44-845-528-1300
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Saudi Arabia Smart Cities Market | Outlook 2020- Insights, Growth Analysis, Future Trends, Forecasts To 2027

Rise in efforts to minimize oil dependency, proactive smart city initiatives, and a surge in investments by the government have boosted the growth of the Saudi Arabia smart cities market. However, data security & private concerns with smart cities hinder market growth.

On the contrary, the environmental friendliness of smart cities and technological advancements in IoT and cloud technologies are expected to open lucrative opportunities for market players in the future.

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Increased penetration of the Internet of Things and cloud-based applications in the KSA has had a significant impact on the smart cities market in Saudi Arabia. IoT applications provide tools for traffic monitoring, noise levels, air quality levels, vehicle, and diverse industries emission levels.

Also, implementations of IoT industries have helped improve the healthcare, manufacturing, city-wide transport, and mobility sectors in Saudi Arabia, boosting the growth of Saudi Arabia smart cities market.

By functional area, the smart infrastructure segment dominated the Saudi Arabia smart cities market share in 2019 and is expected to dominate the market in the coming years, owing to the increase in several government initiatives for smart city development under the Saudi vision 2030 framework.

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Furthermore, smart transportation under the smart infrastructure sub-segment had the largest market share due to its energy efficiency and environmental advantages. Moreover, with a high urban population in the country, smart transportation solutions provide means for faster travel in smart cities of the kingdom, further propelling the growth of Saudi Arabia smart cities market.

However, the smart energy segment is anticipated to witness the highest growth rate during the forecast period in the Saudi Arabia smart cities industry. This is attributed to rising awareness regarding the usage of renewable sources of energy, the developing of Green energy projects in KSA & innovative smart metering products. For instance, in September 2020, the Saudi Electricity Company secured $1.3 billion to finance smart meters as well as other green energy projects.

Demand for smart cities is on the rise in Saudi Arabia as it may enable new scopes for increasing the eco-friendliness of the country. Awareness around the Internet of Things (IoT) and cloud computing has increased across various citizens and government officials of the country and the COVID-19 pandemic is acting as a major driver to get the government of Saudi Arabia more interested in benefits related to smart cities in supporting smart transportation solutions, better healthcare management, and energy-saving capabilities.

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The KSA is affirming its readiness to invest in new smart cities. Further, the government and the KSA’s prince are inclined toward revamping existing cities to make them have smart city-like capabilities along with new smart city projects across the country.

Covid-19 scenario:

  • Although the Covid-19 pandemic has severely affected major industrial sectors, the smart cities market witnessed revenue growth during the period. The rise in requirements from the healthcare and transportation systems has increased the demand for smart cities.
  • Moreover, there is a high demand for healthcare systems that need minimal human contact due to prolonged lockdown.

The Saudi Arabia smart cities market analysis includes some of the key market players such as AT&T, Inc., Cisco Systems Inc., Ericsson, General Electric, Hitachi Ltd., Huawei Technologies Co., Ltd., IBM Corporation, Intel Corporation, Microsoft Corporation, and Schneider Electric SE. This study includes Saudi Arabia smart cities market trends, analysis, and future estimations to determine the imminent investment pockets.

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Related Report:

  1. Smart Cities Market

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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients in making strategic business decisions and achieving sustainable growth in their respective market domains.

Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies. This helps us dig out market data that helps us generate accurate research data tables and confirm utmost accuracy in our market forecasting. Every data company in the domain is concerned. Our secondary data procurement methodology includes deep presented in the reports published by us is extracted through primary interviews with top officials from leading online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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Cat Food Market at a CAGR of 4.4% to Estimated $41,924.6 Million Growth by 2030

According to a new report published by Allied Market Research, titled, “Cat Food Market by Nature, Food Type, and Sales Channel: Global Opportunity Analysis and Industry Forecast, 2021–2030,”

The global cat food market size was valued at $27,789.5 million in 2020, and is projected to reach $41,924.6 million by 2030, registering a CAGR of 4.4% from 2021 to 2030.

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The cat food market is experiencing growth due to increased pet ownership globally. This is attributed to the rise in consumers’ disposable income. The major factors propelling the growth of the global cat food market are rapid humanization of pets, rise in trend of nuclear families, and increase in awareness about pet health. On the other hand, the rise in pet obesity is expected to hamper the growth of the cat food market growth during the forecast period.

According to cat food market analysis, the market is classified on the basis of nature, food type, sales channel, and region. By nature, the market is segmented into organic and conventional. The conventional cat food is more nutritious as compared to organic cat food, which resulted into highest revenue generation in 2020. By food type, the cat food market is segregated into dry food, wet food, treats & snacks and others. Wet food holds the highest cat food market share by food type because it is one of the most convenient types of food that cats can easily chew.

By sales channel, the market is categorized into supermarkets & hypermarkets, specialized pet shops, online sales channel, and others. Region wise, the market is segmented into North America, Europe, Asia-Pacific, and LAMEA. North America contributed the highest revenue in 2020 and is expected to dominate the market during the forecast period.

The COVID-19 pandemic had a positive and negative impact on the global cat food market growth. The supply chain disruption had a negative impact, while the increase in adoption of pets had a positive impact on the market.

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The variety of cat food includes vegetable-based proteins instead of meat, while natural and organic cat treats and snacks are used as an appetizer for cats with health issues such as diabetes, obesity, allergies, and gastrointestinal disorders. The wet cat food segment is expected to grow gradually during the forecast period due to the associated benefits. Wet food aids in general hydration and improves body mass in cats. Wet cat food is abundant in nutrients and proteins, which helps cats to fight against any kind of diseases. Cats are unable to consume more carbohydrates because they lack good digestive tract. It is projected to boost the growth of the wet cat food segment in the cat food industry during the forecast period. 

Population growth, rise in income in developing countries, and urbanization have all contributed to an increase in global cat food production. The rise in pet population has led to an increase in pet humanization. Thus, consumers are tending toward premium cat food products so as to minimize health associated risks. It also gives lucrative cat food market opportunities to producers to manufacture therapeutic and nutritional food concerning pets’ health and would allow them to gain high cat food market share in the industry.

The global cat food market is driven by rapid pet humanization, rise in pet ownership, and demand for therapeutic food. Pet humanization is a recent trend and has resulted in an increased focus on pet’s health, weight, and overall fitness. Therefore, the demand for premium and super premium cat food products has witnessed significant growth as pet owners believe that these are healthier for their pets.

The major players operating in the cat food industry are Affinity Petcare SA, Evanger’s Dog and Cat Food Company Inc., Fromm Family Food LLC, Hill’s Pet Nutrition, Mars Incorporated, Nestle Purina, Nutro Products Inc., Party Animal Inc., Rollover Premium Pet Food Ltd., and The J.M. Smucker Company.

Major firms are extending their presence in emerging markets to meet the growing demand for cat food and snacks. These major market players have adopted various marketing strategies to expand their market reach. The marketing strategies adopted in the cat food market are product launch, partnership, merger, investments, collaboration, joint venture, and acquisition.

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Key findings of the study

  • The global cat food market size was valued at $27,789.5 million in 2020, and is projected to reach $41,924.6 million by 2030, registering a CAGR of 4.4% from 2021 to 2030.
  • By nature, the conventional segment was the highest contributor to the market, with $18,274.1 million in 2020, and is estimated to reach $26,741.9 million by 2030, at a CAGR of 4.1% during the forecast period.
  • By food type, the wet food segment was the highest contributor to the market, with $10,774.1 million in 2020, and is estimated to reach $15,964.0 million by 2030, at a CAGR of 4.3% during the forecast period.
  • By sales channel, the specialized pet shops segment was the highest contributor to the market, with $11,192.1 million in 2020, and is estimated to reach $16,508.5 million by 2030, at a CAGR of 4.2% during the forecast period.
  • By region, North America was the highest revenue contributor, accounting for $9,659.6 million in 2020, and is estimated to reach $14,690.4 million by 2030, with a CAGR of 4.5%.

Reasons to Buy this Cat Food Market Report:

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> Sort new clients or possible partners into the demographic you’re looking for.

> Suitable for providing dependable and high-quality data and analysis to assist your internal and external presentations.

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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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Cables and Connector Market: Analysis by Revenue Generation, Development Strategy, Regional Segmentation, Key Trend and Value Share

Rise in investment by government to improve connectivity within region and increase in demand for higher bandwidth cables & connectors among different industries have boosted the growth of the global cables & connector market.

Allied Market Research recently published a report, “Cables and Connector Market by Product Type (Internal Cables & Connectors and External Cables & Connectors), Installation Type (HDMI, USB, VGA, DVI, CAT5/CAT6, and Others), and Industry Vertical (Automotive, Commercial, Oil & Gas, Energy & Power, Aerospace & Defense, and Others): Global Opportunity Analysis and Industry Forecast, 2020–2027”. According to the report, the global cables & connector industry generated $86.14 billion in 2029, and is expected to reach $160.93 billion by 2027, growing at a CAGR of 8.3% from 2020 to 2027.

Cables and Connector Market

Drivers, restraints, and opportunities

Rise in investment by government to improve connectivity within region, increase in investment in defense & submarine cables by various organizations, and surge in demand for higher bandwidth cables & connectors among different industries have boosted the growth of the global cables & connector market. However, complex fault detection and removal process of errors hamper the market growth. On the contrary, surge in government initiative to surge connectivity in rural areas of developing countries and growing number of data centers are expected to create lucrative opportunities for the market players in the coming years.

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COVID-19 scenario: The emergence of Covid-19 has greatly affected the global cables & connector market.

  • The majority of the auto supply chain is connected to China, and it would impact negatively on the sale of cables and connectors.
  • During this pandemic, organizations are reluctant to invest big capital on new business models, hiring workforce, and every additional expense apart from essentials.

External cables and connector segment dominated the market

By product type, the external cables and connector segment held the largest share in 2019, accounting for more than two-thirds of the global cables & connector market, due to increase in deployment of data centers across the globe, rise in demand for enhanced network bandwidth, and the emergence of smart cities & smart factories. However, the internal cables and connector segment is anticipated to portray the highest CAGR of 9.4% during the forecast period, owing to the supportive government initiatives and plans to drive digitization & promote the adoption of eco-friendly electric products such as electric vehicles.

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USB cables & connector segment to manifest highest CAGR through 2027

By installation, the USB cables & connector segment is expected to register the highest CAGR of 11.3% during the study period, due to increase in demand for digital data storage and the emergence of USB 3.0 and 3.1 standards for high-speed data transfer. However, the external cables and connector segment held the largest share in 2019, contributing to more than two-fifths of the global cables & connector market, owing to changing customer preference and aggrandized generation of data.

Asia-Pacific, followed by North America, held the largest share

By region, the global cables & connector market across Asia-Pacific held the largest share in 2019, accounting for nearly two-fifths of the market. Moreover, the market across this region is projected to portray the highest CAGR of 10.4% during the forecast period, owing to huge investment in infrastructure, energy, and technology development by the developing nation of such as India, China, and Japan. The market across North America held the second-largest share in 2019, contributing to more than one-fourth of the market.

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Major market players

  • 3M Company
  • Alcatel-Lucent (Nokia Corporation)
  • Amphenol Corporation
  • Fujitsu Ltd.
  • Axon Cable S.A.S.
  • Nexans
  • Huawei Technologies Co. Ltd.
  • Sumitomo Electric Wiring Systems, Inc.
  • Prysmian S.P.A.
  • TE Connectivity Limited

About Us:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

Cable Management Market: Global Industry Trends, Market Challenges, Share, Size, Growth, Opportunity and Forecast

Rise in demand due to technological advancements, commercialization of renewable energy, and development of various industrial verticals propel the growth of global cable management market.

Allied Market Research published a report, titled, “Cable Management Market by Type (Cable Trays, Cable Raceway, Cable Conduits, Cable Connectors &Glands, Cable Carriers, cable Lugs, Cable Junction Boxes, and Others), and End User (IT & Telecommunication, Commercial Construction, Energy, Manufacturing and Automation, Marine, Mining, Healthcare, and Others): Global Opportunity Analysis and Industry Forecast, 2020–2027.”According to the report published by Allied Market Research, the global cable management market generated $18.31 billion in 2019, and is estimated to reach $35.02 billion by 2027, registering a CAGR of 7.9% from 2020 to 2027.

Cable Management Market

Prime determinants in the market-

Rise in demand due to technological advancements, commercialization of renewable energy, and development of various industrial verticals propel the growth of the global cable management market. However, lack of standardization for prices of raw material impedes the market growth. Moreover, increase in investment in Asia-Pacific region, growth of IT & telecom sector, and rapid urbanization in developing nations usher a number of opportunities in the near future.

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Covid-19 scenario-

  • The cable management market has not been much impacted during coivd-19, due to its application in essential services such as energy, marine, and healthcare.
  • However, the strict regulations imposed by government bodies all around the world have decreased the demand for the cable management services to certain extent in fields such as commercial construction, manufacturing and automation, and mining.

The cable conduits segment to dominate the market in 2019-

Based on type, the cable conduits segment held the largest share of the global cable management market in 2019, accounting for more than one-fourth of the revenue. Furthermore, the segment is estimated to maintain its dominant position during the forecast period. However, the cable lugs segment is expected to register the highest CAGR of 13.3% from 2020 to 2027. The cable lugs provide flexibility and adaptability and can be easily installed as well as removed for repair which, in turn, drives the segment growth.

The IT and telecommunication segment would lead the trail by 2027-

Based on end user, the IT and telecommunication segment contributed to the largest revenue in 2019, holding one-fifth of the global cable management market, and is expected to maintain the highest share throughout the forecast period. Additionally, the same segment is estimated to manifest the fastest CAGR of 10.0% during the forecast period. This is due to increase in the utilization of cable connectivity in IT & telecommunication sector for exchange of information and data through high speed and cables.

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North America to rule the roost throughout 2027-

Based on region, North America contributed to the highest market share, accounting for nearly one-third of the global cable management market in 2019, and will continue to lead throughout the forecast period. The demand for cable connectivity in various applications such as residential, commercial and industrial sector drives the market in this region. On the other hand, region across Asia-Pacific is expected to grow at the highest CAGR of 9.5% from 2020 to 2027. The penetration of connectivity across the Asia-Pacific due to rapid advancement of infrastructure and technology drives the market growth in this region.

Leading market players-

  • Prysmian Group
  • ABB
  • Eaton
  • Leviton Manufacturing Co., Inc.
  • Nexan
  • Schneider Electric
  • Atkore International
  • Chatsworth Products
  • Legrand Llc.
  • Panduit

About Us:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

Contact:

David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
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1-800-792-5285, 1-503-894-6022, 1-503-446-1141
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