A Market Place Research – Page 1342

Oleic Acid Market current trends and future estimations to 2030 | KLK OLEO, VVF Fatty Acids, Musim Mas Group, Wilmar Group, Ecogreen Oleochemicals

Allied Market Research published a new report, titled, “Oleic Acid Market by Origin (Animals, and Plants), Grade (Food, Pharmaceutical, and Technical), Type (Stearic Acid, Distilled Fatty Acid, C8 Caprylic Fatty Acid, Tall Oil Fatty Acid, and Oleic Acid) and Application (Household, Cosmetics and Personal Care, Soap and Detergent, Oilfield, Rubber and Plastic, Lubricants, and Other End-user Industries): Global Opportunity Analysis and Industry Forecast, 2021-2030″. 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.

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The report offers key drivers that propel the growth in the global Oleic Acid 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.

The research offers a detailed segmentation of the global Oleic Acid market. Key segments analyzed in the research include By Type, Application, Origin, Grade, Industry Vertical, Regionand geography. Extensive analysis of sales, revenue, growth rate, and market share of each region 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 Oleic Acid 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 KLK OLEO, VVF Fatty Acids, Musim Mas Group, Wilmar Group, Ecogreen Oleochemicals, Eastman, Akzonobel, PT. Dua Kuda Indonesia, Sichuan Tianyu, Pacific Oleochemicals Sdn Bhd, Cisadane Raya Chemicals, Southern Acids Industries, Timur Oleochemicals Malaysia, Emery Oleochemicals. 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 Oleic Acid market trends, forecasts, and market size from 2021 to 2030 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 Oleic Acid 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.

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. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. 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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Low Friction Coatings Market is projected to drive market growth soon to 2030 | DuPont, Endura Coatings, VITRACOAT, Poeton, Whit ford Limited

Allied Market Research published a new report, titled, “Low Friction Coatings Market by Type (Polytetrafluoroethylene (PTFE), Molybdenum Disulphide (MoS2)) End-use Industry (Aerospace, Automobile & Transportation, General Engineering, Energy, Food & Healthcare and Others): Global Opportunity Analysis and Industry Forecast, 2021-2030″ 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.

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The report offers key drivers that propel the growth in the global Low Friction Coatings 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.

The research offers a detailed segmentation of the global Low Friction Coatings market. Key segments analyzed in the research include Resin, Technology, End Userand geography. Extensive analysis of sales, revenue, growth rate, and market share of each region for the historic period and the forecast period is offered with the help of tables.

The research offers an extensive analysis of key players active in the global Low Friction Coatings 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 3M, Arkema (Bostik), Ashland, Coim Group, DIC Corporation, Dowdupont, H.B.Fuller, Henkel AG ,L.D.Davis, Vimasco Corporation. 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 Low Friction Coatings market trends, forecasts, and market size from 2021 to 2030 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 Low Friction Coatings 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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Automotive OEM Coatings Market Aims to Expand at Double-Digit Growth Rate | Axalta Coating Systems, BASF SE, PPG Industries, Nippon Paint, Kansai Paint, AkzoNobel, Sherwin-Williams Company

According to a new report published by Allied Market Research, titled, “Automotive OEM Coatings Market by Type (Solvent-Borne, Waterborne, Powdered), Layer (Primer, Basecoat, Electrocoat, and Clearcoat), and Vehicle Type (Passenger Cars, Light Commercial Vehicles, Heavy Commercial Vehicles) – Global Opportunity Analysis and Industry Forecast, 2014-2022″. The global Automotive OEM Coatings market was valued at $6,426 million in 2015, and is projected to reach $9,379 million by 2022, growing at a CAGR of 5.6% from 2016 to 2022. The solvent-borne segment held nearly half of the total market in 2015.

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The major companies profiled in the report include Axalta Coating Systems, BASF SE, PPG Industries, Nippon Paint, Kansai Paint, AkzoNobel, Sherwin-Williams Company, KCC Paint, Bayer AG, and Arkema SA.

Automotive coatings enhance the overall durability and appearance of a vehicle and also safeguard it from UV radiation, extreme temperature, and foreign particles such as dust and soot. Increase in preference of consumers towards high-quality automotive coatings is a key factor driving the market. These are used to coat the surfaces of automobiles and exemplify the futuristic technologies, which are capable of manufacturing durable surfaces, maximizing overall efficiency while meeting environmental norms.

The global automotive OEM coatings market witness vivid opportunities, owing to rise in demand for recreational vehicles among youngsters, growth in population and rise in income levels. Moreover, growth of the overall automotive industry globally and rise in demand for high-quality paints and coatings in automobiles is further anticipated to boost the overall growth. In addition, rise in consumption of powder coatings, owing to its superior characteristic properties, such as low emissions of volatile compounds and relatively thicker layer as compared to traditional automotive coatings, is anticipated to bring impetus in the global market. However, volatile prices of raw materials coupled with strict governmental norms on the use of toxic automotive OEM coatings are some key factors anticipated to hinder the overall growth.

Automotive OEM coatings is expected to register the highest growth in passenger cars, owing to rise in per capita disposable incomes and growth in consumer preference towards new models with low emissions and high fuel efficiency. Furthermore, rapid urbanization and upsurge in personal mobility needs are expected to boost the market growth. Automotive OEM coatings possesses advantages such as higher reliability, longer equipment life cycle, maintenance cost reduction, and low on toxic emissions.

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The basecoat layer segment accounted around three-fourths share, in terms of volume, in 2015. In response to the perennial modifications in the automotive industry, efficient paints and coatings solutions are in demand globally. Thus, increase in requirement of high-tech automotive OEM coatings solutions and rise in adoption of new vehicles fuel the demand for automotive OEM coatings globally.

Key Findings of the Automotive OEM Coatings Market Study

The electrocoat segment is anticipated to grow at the highest CAGR of 5.9% during the analysis period.
Asia-Pacific is projected to maintain its lead position from 2016 to 2022 and will grow at a CAGR of 4.7%, in terms of volume.
Passenger cars segment occupied around half of the total market in 2015.
China occupied around one-third of the total Asia-Pacific market in 2015.
In terms of value, India is expected to grow at the highest CAGR of 6.7% from 2016 to 2022.

In 2015, Asia-Pacific and LAMEA collectively accounted for around two-fifths of the total market, in terms of volume, and are expected to continue this trend, owing to increase in urbanization, specifically in China, India, Brazil, and other developing countries. Moreover, rise in urban population with increased per capita disposable income and growth in overall consumer spending are the major aspects that boost the growth of the automotive OEM coatings market in the Asia-Pacific region.

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Nanomaterials Market | Growing and Highest Revenue Generating Segments, Key Trends and Competitive Scenario by 2031 | Arkema Group, Daikin Industries Ltd, DuPont, Evonik Industries AG

According to the report published by Allied Market Research, the Nanomaterials Market by Material Type (Carbon Based Nanomaterials, Metal and Non-Metal Oxides, Metal, Dendrimers, Nanoclay, Nanocellulose), by End Use Industry (Paints & Coatings, Adhesives & Sealants, Health Care & Life Science, Energy, Electronics & Consumer Goods, Personal Care, Others): Global Opportunity Analysis and Industry Forecast, 2021-2031. The global nanomaterials market was estimated at $16.3 billion in 2021 and is expected to hit $62.8 billion by 2031, registering a CAGR of 14.6% from 2022 to 2031. The report provides a detailed analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive landscape, and evolving market trends. The market study is a helpful source of information for the frontrunners, new entrants, investors, and shareholders in crafting strategies for the future and heightening their position in the market.

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The key market players analyzed in the global nanomaterials market report include Inframat Advanced Materials, LLC, EverZinc, Griller-Werke AG, Pan-Continental Chemical Co., Ltd., BASF SE, Nanophase Technologies Corporation, Sakai Chemical Industry Co., Ltd., Showa Denko Materials CO., LTD., Lanxess Corporation, and Umicore N.V. These market players have embraced several strategies including partnership, expansion, collaboration, joint ventures, and others to highlight their prowess in the industry. The report is helpful in formulating the business performance, product portfolio, operating segments, and developments by the top players.

Covid-19 Scenario-

The import & export restrictions imposed by governments gave way to difficulties in procuring raw materials, which caused delays in shipments to customers. These factors impacted the global nanomaterials market negatively, especially during the initial period.
On the other hand, a number of R&D organizations were creating fresh potential uses for nanomaterials in the detection, prevention, and treatment of Covid-19 and other viral infections due to which the demand for nanomaterials witnessed an incline.

The global nanomaterials market is analyzed across Material Type, End-user Industry, and Region. The report takes in an exhaustive analysis of segments and their sub-segments with the help of tabular and graphical representation. Investors and market players can benefit from the breakdown and devise stratagems based on the highest revenue-generating and fastest-growing segments stated in the report.

Based on material type, the metal segment contributed to more than four-fifths of the global nanomaterials market revenue in 2021, and is expected to dominate by 2031. At the same time, the dendrimers segment would showcase the fastest CAGR of 16.29% throughout the forecast period. The other segments assessed in the study include carbon-based nanomaterials, metal and non-metal oxides, nanoclay, and nanocellulose.

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Based on end use industry, the paints & coatings segment garnered more than one-fifth of the total market revenue in 2021, and is expected to dominate by 2031. The personal care segment, simultaneously, would manifest the fastest CAGR of 15.41% throughout the forecast period. The other segments analyzed in the report take in adhesives & sealants, healthcare & life science, energy, and electronics & consumer goods.

Based on region, the market across Asia-Pacific generated nearly two-fifths of the total market revenue in 2021, and is anticipated to retain the lion’s share by 2031. The same region would also manifest the fastest CAGR of 14.75% during the forecast period. The other regions studied in the report include North America, LAMEA, and Europe.

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Pin and Sleeve Device Market to Reach $160.11 Bn, Globally, By 2026 at 11.1% CAGR, Says Allied Market Research

“Growth in installation of plugs and sockets in the U.S. residential sector, surge in demand for dustproof and splash-proof plugs & sockets, and increase in adoption of electric applications in various industrial verticals drive the growth of the global pin and sleeve device market”

Allied Market Research recently published a report, titled, “Pin and Sleeve Device Market by Product Type (Plug, Connector, Receptacle, and Inlet), and End User (Residential, Commercial, and Industrial): Global Opportunity Analysis and Industry Forecast, 2019–2026″. According to the report, the global pin and sleeve device market was pegged at $68.10 billion in 2018 and is expected to reach $160.11 billion by 2026, growing at a CAGR of 11.1% from 2019 to 2026.

Chief Reasons for Market Fluctuations

Growth in installation of plugs and sockets in the U.S. residential sector, surge in demand for dustproof and splash-proof plugs & sockets, and increase in adoption of electric applications in various industrial verticals have boosted the growth of the global pin and sleeve device market. Moreover, high investments in the military and submarine sector supplemented the market growth. However, the surge in the adoption of wireless communication devices hampers the market growth. On the contrary, shift toward the adoption of smart plugs and sockets and rise in number of data centers are expected to create lucrative opportunities in the near future.

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The Plugs Segment to Manifest the Fastest Growth

The plus segment is expected to register the fastest CAGR of 14.6% during the forecast period, owing to rise in demand for electronic appliances. However, the inlet segment held the largest share in 2018, contributing to nearly one-third of the global pin and sleeve device market, due to advancements in charging infrastructure.

The Residential Segment Dominated the Market

The residential segment held the largest share in 2018, accounting for nearly two-fifths of the global pin and sleeve device market, owing to increasing demand for electronic appliances in the residential sector. However, the industrial segment is projected to manifest the fastest CAGR of 13.0% during the forecast period, due to increasing demand for dust & splash-proof plugs and sockets.

Asia-Pacific Held the Largest Share, Followed By North America

The market across the Asia-Pacific region held the largest share in 2018, contributing to more than one-third of the market. Moreover, the region is expected to portray the fastest CAGR of 13.0% during the forecast period, due to surge in demand for Internet connectivity and rise in penetration of connectivity technologies such as optical fiber cable. The global pin and sleeve device market across North America held the second-largest share in 2018.

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Major Market Players

3D Systems Corporation
Envisiontec GmbH
Arcam Group
Proto Labs, Inc.
Optomec Inc.
Stratasys Ltd.
SLM Solutions Group AG.
Voxeljet AG
The Exone Company

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Global Body Area Network Market to Reach $30.24 billion by 2030: Allied Market Research

“Surge in health awareness among the consumers, rise in penetration of AI in healthcare industry, and advancement of IoT and integration of wireless technology drive the growth of the global body area network market. However, the outbreak of the COVID-19 pandemic led to the global lockdown and temporary closure electronics and semiconductor industries, thereby adversely affected the body area network market.”

According to the report published by Allied Market Research, the global body area network market generated $10.29 billion in 2020, and is projected to reach $30.24 billion by 2030, witnessing a CAGR of 11.6% from 2021 to 2030. The report provides a detailed analysis of changing market dynamics, top segments, value chain, key investment pockets, regional scenario, and competitive landscape.

Surge in health awareness among the consumers, rise in penetration of AI in healthcare industry, and advancement of IoT and integration of wireless technology drive the growth of the global body area network market. However, high initial cost of body area network devices restrains the market to some extent. On the other hand, rise in investment on building connected ecosystem presents new opportunities in the upcoming years.

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COVID-19 scenario:

The outbreak of the COVID-19 pandemic led to the global lockdown and temporary closure of the electronics and semiconductor industries, thereby adversely affecting the body area network market.
It further disrupted the supply chain, leading to difficulties in the supply of raw materials and finished goods. This, in turn, impacted the market demand negatively and reduced sales in the manner.

The report offers detailed segmentation of the global body area network market based on components, connectivity, device type, end user, and region.

Based on device type, the wearable devices segment held the highest market share in 2020, holding around four-fifths of the total market share, and is expected to continue its leadership status during the forecast period. Moreover, the same segment is estimated to register the highest CAGR of 11.8% from 2021 to 2030.

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Based on components, the sensors segment held the largest market share in 2020, holding one-fourth of the total market share, and is expected to continue its leadership status during the forecast period. Moreover, the same segment is projected to register the highest CAGR of 13.8% from 2021 to 2030.

Based on region, North America contributed to the highest share in terms of revenue in 2020, holding nearly one-third of the global body area network market, and is estimated to continue its dominant share by 2030. However, Asia-Pacific region is projected to manifest the fastest CAGR of 13.5% during the forecast period.

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Leading players of the global body area network market analyzed in the research include Apple Inc., Fitbit, Inc., Fossil Group, Inc., Garmin Ltd., Google LLC (Alphabet Inc.), Huawei Technologies Co., Ltd., Samsung Electronics Co., Ltd., Sensoria Inc., TomTom International B.V., and Xiaomi Corporation.

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Terrestrial c Radio (TETRA) System Market to Reach $8.57 Bn, Globally, by 2030 at 15.24% CAGR

“Rise in demand for efficient critical communication, developments in advanced communication system in the Industrial sector, and emergence of high-end technological advancements drive the growth of the global Terrestrial Trunked Radio (TETRA) system industry”

Allied Market Research published a report, titled, “Terrestrial Trunked Radio (TETRA) System Market by Component (Hardware and Software), Modes of Operation (Trunked Mode Operation (TMO) and Direct Mode Operation (DMO)), and Device (Portable and Vehicular), and End User (Industrial, Transportation, Utilities, Military & Defense, Government & Public Safety, Commercial, and Others): Global Opportunity Analysis and Industry Forecast, 2021–2030.” According to the report, the global Terrestrial Trunked Radio (TETRA) system industry was estimated at $2.14 billion in 2020, and is anticipated to hit $8.57 billion by 2030, registering a CAGR of 15.24% from 2021 to 2030.

Drivers, Restraints, and Opportunities-

Rise in demand for efficient critical communication, developments in advanced communication system in the Industrial sector, and emergence of high-end technological advancements drive the growth of the global Terrestrial Trunked Radio (TETRA) system industry. On the other hand, high investment and maintenance cost restrains the growth to some extent. However, increase in use of mobile radio in the transportation sector is expected to pave the way for lucrative opportunities in the industry.

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Covid-19 Scenario-

Electronics manufacturing hubs across the world were temporarily shut down to curb the spread of Covid-19 among individuals, especially during the initial phase. This impacted the supply chain of the terrestrial trunked radio (TETRA) system market negatively by creating shortage of materials, components, and finished goods.
However, the market is anticipated to revive soon at a slow & steady pace.

The Hardware Segment to Dominate by 2030-

Based on component, the hardware segment held the major share in 2020, accounting for around two-thirds of the global Terrestrial Trunked Radio (TETRA) system market. This is attributed to the fact that ETRA hardware offers several advantages such as they provide alerts to users in case of an emergency and offer durability and man-down functionalities. At the same time, the software segment would register the fastest CAGR of 17.2% from 2021 to 2030. Implementation of software application for text messaging, monitoring radio, and accessing voice & data information is expected to heighten the demand for software component in the terrestrial trunked radio (TETRA) system market, thereby driving the segment growth.

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The Portable Segment to Maintain the Dominant Share-

Based on device, the portable segment contributed to more than two-thirds of the global Terrestrial Trunked Radio (TETRA) system market revenue in 2020, and is projected to lead the trail throughout the forecast period. This is because portable radios are handy and easy to use. However, the vehicular segment is projected to grow at the fastest CAGR of 16.5% from 2021 to 2030. Vehicle radios promise maximum mobility and are available in the forms of base station systems & hand-held systems, which provide instantaneous one-to-one or one-to-many communication facility. These factors propel the growth of the segment.

Asia-Pacific, followed by Europe and North America, Garnered the Highest Share in 2020-

Based on region, the market across Asia-Pacific, followed by Europe and North America, contributed to the highest share in 2020, accounting for around one-third of the global Terrestrial Trunked Radio (TETRA) system market, and is estimated to continue its dominant share in terms of revenue by 2030. The same region is also expected to showcase the fastest CAGR of 18.5% during the forecast period. This is due to high adoption of TETRA technologies in several industries in the Asia-Pacific region.

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Key Players in the Industry-

HYTERA Communications Corporation Limited
SIMOCO Group
BITEA Limited
ROHILL Engineering B.V.
DAMM Cellular Systems A/S
SEPURA PLC
Airbus Defense and Space OY
Motorola Solutions, Inc.
ROLTA India Limited
JVCKENWOOD Corporation

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Cable Conduit Systems Market Is Expected to Reach $12.24 Billion by 2030: Says AMR

According to the report published by Allied Market Research, the global cable conduit systems market generated $6.13 billion in 2020, and is projected to reach $12.24 billion by 2030, growing at a CAGR of 7.8% from 2021 to 2030. The report provides an in-depth analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive scenario, and wavering market trends.

Significant surge in the commercial constructions activities across the globe, extensive use of use of submersible electric conduits, liquid tight conduits, and conduits providing protection against fire, rapid urbanization around the world, and increase in demand for highly secure & safe wiring system among people are expected to drive the growth of the global cable conduit systems market. On the other hand, complex installation processes are expected to hinder the growth to some extent. However, persistent technological advancements in conduit products are expected to create remarkable opportunities for the growth of the industry.

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COVID-19 Scenario

The outbreak of COVID-19 has had a negative impact on the growth of the global cable conduit systems market, owing to the occurrence of lockdowns in various countries across the globe. Lockdowns led to the closure of most of the manufacturing units of electronics & semiconductor sector, including those of cable conduit systems. This was done by the government to curb the spread of the virus during the pandemic.
In addition, massive slowing of supply chain and unavailability of raw materials due to import and export restrictions from the government further aggravated the impact on the market.
However, the market is expected to recoup soon.

The report offers a detailed segmentation of the global cable conduit systems market based on type, end-user and region.

Based on type, the rigid cable conduit systems segment held the largest market share in 2020, garnering nearly three-fourths of the total market. The flexible cable conduit systems segment, on the other hand, is predicted to cite the fastest CAGR of 10.6% during the forecast period.

Based on end-user, the IT and telecommunication segment held the majority share in 2020, holding more than one-fifth of the total market. The manufacturing segment, on the other hand, is anticipated to exhibit the fastest CAGR of 10.5% during the forecast period.

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Based on region, the market across North America held the lion’s share in 2020, garnering nearly one-third of the total market. The Asia-Pacific region, on the other hand is projected to cite the fastest CAGR of 9.6% during the forecast period.

The key players of the analyzed in the global cable conduit systems market report include Atkore International Group Inc., S&C Electric, Champion Fiberglass Inc., Dura-Line Holdings Inc., Eaton Corporation Plc., Hubbell Incorporated, Legrand, Schneider Electric, ABB, and Igus Inc.

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About Us:

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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Asia-Pacific Helicopters Market to Reach 10.3% of CAGR During 2031

Allied Market Research published a report, titled, “Helicopters Market by Type (Civil and Commercial, Military), by Weight (Lightweight, Medium Weight, Heavy Weight), by Number of Engine (Twin Engine, Single Engine), by Application (Emergency Medical Service, Oil and Gas, Defense, Homeland Security, Others): Global Opportunity Analysis and Industry Forecast, 2021-2031.” According to the report, the global helicopters industry generated $20.36 billion in 2021, and is expected to reach $39.87 billion by 2031, witnessing a CAGR of 7.3% from 2022 to 2031.

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Covid-19 Scenario

Manufacturing activities of helicopters were stopped completely or partially due to unavailability of raw materials and closure of factories due to lockdown restrictions. Moreover, supply chain disruptions impacted the manufacturing activities as there was a ban on import-export activities in many countries.
The development of advanced helicopter systems was hindered due to lack of continuity in operations. Moreover, economic uncertainty occurred across the world, which, in turn, led helicopter manufacturers and investors to postpone manufacturing activities until the market stabilizes.
Upgrade of existing fleets was either postponed or canceled due to reduced demand for helicopters from across the world. Many businesses and wealthy people suffered losses and declined their spending on leisure activities.
Owing to ban on tourism activities, the usage of helicopters declined considerably during the pandemic. However, the usage for emergency services increased during the pandemic.

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North America to maintain its lead status by 2031

Based on region, North America contributed to the highest market share in 2021, holding more than two-fifths of the global helicopters market, and is expected to maintain its lead status by 2031. This is due to increase in production activities of helicopters in the U.S. and upgrade activities of the existing fleets. However, Asia-Pacific is projected to register the fastest CAGR of 10.3% from 2022 to 2031, owing to surge in procurement and development of advanced helicopter systems by several Asian nations such as India, China, Japan, and others.

Leading Market Players

Airbus
Bell Textron Inc.
Helicopteres Guimbal
Kaman Corporation
Kawasaki Heavy Industries Ltd.
Leonardo SpA
MD Helicopters Inc.
Mitsubishi Heavy Industries Ltd
Robinson Helicopter Company
The Boeing Company

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https://www.alliedmarketresearch.com/helicopters-market-A06230

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.

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Automotive Natural Gas Vehicle Market Expected to Reach $20.4 Billion by 2031

According to a new report published by Allied Market Research, titled, “Automotive Natural Gas Vehicle Market,” The automotive natural gas vehicle market was valued at $11.1 billion in 2021, and is estimated to reach $20.4 billion by 2031, growing at a CAGR of 6.4% from 2022 to 2031.

Asia-Pacific is expected to dominate the global automotive natural gas vehicle market. The presence of huge population has led to huge demand for automotive natural gas vehicle. Furthermore, huge demand has been witnessed in this region for natural gas and CNG to eliminate the emission by gasoline fuel. In addition, rules and regulations introduced by governments to minimize the air pollution in urban areas lead to development of transportation infrastructure and surge in demand for natural gas transportation sectors fostered the demand for automotive natural gas vehicle industry.

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Several expansion and product launches carried out by the key players operating in automotive natural gas vehicle market, fuels the growth of the market. For instance, in 2022, in India, Blue Energy Motors unveiled its new manufacturing plant at Chakan in Pune. The new plant is expected to manufacture liquefied natural gas fueled green trucks. Company is expected to produce LNG-fuelled, long-haul, heavy-duty trucks at the facility with the 5,528 4×2 tractor model as the first vehicle to be rolled out of the plant.

The growth of the global automotive natural gas vehicle market is propelling due to increase in fuel costs, government initiatives to develop & expand natural gas distribution infrastructure, and rise in environmental awareness. However, rise in demand for electric vehicle is the factor that hampers the growth of the market. Furthermore, growth in demand from emerging countries is the factor expected to offer growth opportunities during the forecast period.

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KEY FINDINGS OF THE STUDY

By fuel type, the LNG segment is anticipated to exhibit significant growth in the near future.
By vehicle type, the commercial vehicle segment is anticipated to exhibit significant growth in the near future.
By region, North America is anticipated to register the highest CAGR during the forecast period.

Key players operating in the global automotive natural gas vehicle market include AB Volvo, BMW AG, CNH Industrial N.V., Ford Motor Company, Honda Motor Co., Ltd., Mercedes-Benz Group AG, Mitsubishi Motors Corporation, Navistar International Corporation, Nissan Motor Co., Ltd, Tata Motors, Toyota Motor Corporation, and Volkswagen AG.

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https://www.alliedmarketresearch.com/automotive-natural-gas-vehicle-market-A09132