Drone Software Market Size, Growth, Report Study, Demand, Key Players, and Forecast by 2021-2031

According to a new report published by Allied Market Research, titled, “Drone Software Market,” The drone software market was valued at $5.96 billion in 2021, and is estimated to reach $21.93 billion by 2031, growing at a CAGR of 14.5% from 2022 to 2031.

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Key Market Players

  • AirMap Inc
  • Delair
  • DJI
  • DroneBase Inc
  • DroneDeploy Inc
  • ESRI
  • Kespry
  • MEASURE
  • Pix4D SA
  • PrecisionHawk
  • SENSEFLY LTD
  • SHARPER SHAPE
  • SKYCATCH INC
  • Skydio
  • Sky-Future Ltd
  • Skyward IO
  • Yuneec INC

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COVID-19 Impact Analysis

  • The COVID-19 impact on the drone software market is unpredictable, and is expected to remain in force for a few years.
  • Due to the revenue crunch and rise in maintenance costs were two of the major challenges adversely affecting the drone manufacturers. Furthermore, the reduced GDP of major economies such as the U.S., UK, China, France, India, Germany, and others in 2020 was anticipated a drop in investment in the aerospace and defense industry.
  • The reduction in aerospace and defense spending has had a negative impact on autonomous aircraft development and deployment plans, particularly unmanned aerial vehicles (UAVs), reducing demand for drones.
  • However, various use cases of drone have been developed and utilized by drone service providers during the COVID-19 pandemic, including lab sample pick-up and delivery and transportation of medical supplies to reduce transportation times and minimize infection exposure, aerial spraying of public areas to disinfect potentially contaminated areas, and public space monitoring and guaranty.
  • Moreover, vaccination drive enabled lowering of barriers to economic activity, as well as domestic and international travel. As the restrictions lifted, travel recovered quickly, leading to increase in UAV related applications, which expected to boost the drone software market.

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The drone software market is segmented basis of solution, application, architecture, deployment, and region. By solution, it is divided into system and application. By end use, it is divided into defense & government, agriculture, energy & power, construction & mining, media & entertainment, Logistics & Transportation, others. By architecture, it is segmented into open source and closed source. By deployment, it is divided into onboard drones, and ground-based. By region, the market is analyzed across North America, Europe, Asia-Pacific and LAMEA.

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KEY FINDINGS OF THE STUDY

  • By solution, the system segment is expected to register a significant growth during the forecast period.
  • By end use, the defense and government segment is projected to lead the global drone software market during the forecast period.
  • By architecture, the closed source segment is projected to lead the global drone software market during the forecast period.
  • By deployment, the ground based segment is projected to lead the global drone software market during the forecast period.
  • Region-wise, Europe is anticipated to register the highest CAGR during the forecast period.

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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:
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Pea Protein Market Size Expected to Collect USD 32.09 Million by 2025

The global Pea Protein Market is expected to reach $32.09 million by 2025, growing at a CAGR of 5.0% and a market volume of 17,892 tons, with a CAGR of 7.7% during the forecast period. The report provides a detailed analysis of the key winning strategies, drivers & opportunities, market share, key segments, top investment pockets and competitive analysis.

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High nutritional profile of pea proteins, high demand for plant-based proteins from vegan population, and consistent growth in food & beverages industry have fueled the growth of the global pea protein market. On the other hand, increasing market penetration of other proteins, formulation challenges in pea protein products, and low consumer awareness about the same have restrained the growth to some extent. Nevertheless, rising demand for pea-protein-based sports nutrition & weight management products and growing use of pea proteins as alternative protein source for pet foods have created multiple opportunities in the segment.

Key Findings of the Pea Protein Market:

  • The pea protein isolate segment was the highest contributor to the market in 2017, and is projected to grow at a CAGR of 22.8%.
  • The dry based pea protein segment accounted for 72.14% and is expected to grow at the CAGR of 23.4% from 2018 to 2025.
  • The Asia-Pacific region accounted for 18.70% of the pea protein market share in the global pea protein market in 2017 and is projected to grow at a significant CAGR of 25.0%.
  • In 2017, China accounted for the highest pea protein market share accounting approximately for 23.1% in the Asia-Pacific region.
  • In 2017, the dietary supplement segment generated the highest market share and is expected to grow at significant CAGR of 24.2%.
  • The meat products & alternatives segment accounted for almost 12% share of the pea protein market in 2017.

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Based on type, the pea protein isolate segment was contributed to the highest market share in 2017, and is expected to grow at a CAGR of 22.8%. Based on form, the dry based pea protein segment accounted for 72.14% and is anticipated to dominate throughout the forecast period. Based on application, the dietary supplement segment generated the highest market share and is projected to grow at a significant CAGR of 24.2%. Based on geography, the Asia-Pacific region contributed to 18.70% of the pea protein market share in the global pea protein market in 2017 and is predicted to grow at a significant CAGR of 25.0% throughout 2018-2025.

The report provides an analysis of the key players operating in the global pea protein market. They include Roquette Freres Le Romarin, Burcon Nutrascience Corporation, Cosucra Groupe Warcoing SA, Shandong Jianyuan Foods Co., Ltd., Glanbia, Plc., Sotexpro SA, A&B Ingredients, Axiom Foods, Inc., Farbest Brands/Farbest-Tallman Foods Corporation, and Nutri-Pea Limited. These players have adhered to several top-end strategies such as partnerships, collaboration, mergers & acquisitions, and new product launch to strengthen their foothold in the industry.

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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. 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.

Hybrid Fabrics Market growing at a CAGR of 9.0% | Size, Share, Trends, Key Companies and Forecast to 2027

The global hybrid fabrics market garnered $213.4 million in 2019, and is projected to reach $418.0 million by 2027, growing at a CAGR of 9.0% from 2020 to 2027. Allied Market Research published a report, titled, “Hybrid Fabrics Market by Fiber Type (Glass/Carbon, Carbon/Uhmwpe, Glass/Aramid, Carbon/Aramid, and Others) and Application (Automotive, Aerospace & Defense, Wind Energy, Sports & Recreational Equipment, and Others): Global Opportunity Analysis and Industry Forecast, 2020–2027”

Prime determinants of the market-
Growing importance of lightweight fabrics, surge in application in automotive and aircraft, and low emission norms across the globe are the major factors that propel the growth of the global hybrid fabrics market. Nevertheless, the high cost of carbon/aramid and availability of low cost alternatives curtail down the market growth. However, rising application of hybrid fabrics in wind turbine is anticipated to create new opportunities in the near future.

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Leading players of the market-
• DSM
• Solvay SA
• SGL Group
• Kordcarbon, a.s.
• Gurit Holding AG
• Isomatex
• Textum inc.
• BGF Industries, Inc.

Covid-19 Scenario:
• The extended lockdowns and regulations have badly impacted the production and supply chain in the industry.
• The restrictions on imports and exports have further resulted in a shortage of raw materials, thereby impacting the production capacity.
• The government in different regions have eased off the regulation in order to continue the activities. This has assisted the market players to re-initiate their processes.

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The glass/carbon segment is anticipated to dominate the market by 2027-

Based on fiber type, the glass/carbon segment contributed to the largest market share in 2019, accounting for nearly two-fifths of the global hybrid fabrics market, and is projected to maintain its lead status during the forecast period. This is attributed to growing application in aerospace and automotive sectors. However, the carbon/UHMWPE segment is estimated to manifest the highest CAGR of 11.4% from 2020 to 2027.


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The aerospace and defense segment held the lion’s share in 2019-

Based on application, the aerospace and defense segment accounted for the highest market share, contributing to more than one-third of the global hybrid fabrics market in 2019, and is expected to maintain its dominant share by 2027. This is owing to rising demand for lightweight and high strength fabrics for cabin components, rotor blades, avionics, tooling, brakes and brake lining. However, the automotive segment is anticipated to grow at the highest CAGR of 10.8% during the forecast period. This is attributed to the growing prominence of lightweight vehicles for commercial and military sector.

Europe, followed by North America, would lead the trail by 2027-

Based on region, the Europe, followed by North America, held the largest share of the global hybrid fabrics market, contributing to more than one-third of the total share in 2019, and will continue its leadership position during the forecast period. This is attributed to large presence of hybrid fabrics manufacturers offering wide range of products. On the other hand, the Asia-Pacific region is anticipated to manifest the fastest CAGR of 11.6% from 2020 to 2027. The region is experiencing shifting in the trend toward lightweight automotive with high compressive and tensile strength, which drives the growth of the market.

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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. 

Contact:
David Correa
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Ethylene Carbonate Market growth at a CAGR of 6.0% | Segments, Top Key Players, End Users and Forecast to 2027

The global ethylene carbonate industry generated $288.0 million in 2019, and is projected to generate $418.5 million by 2027, witnessing a CAGR of 6.0% from 2020 to 2027. Allied Market Research published a report, titled, “Ethylene Carbonate Market by Form (Solid and Liquid), Application (Lubricants, Surface Coatings, Plasticizers, Lithium Battery Electrolytes, and Others) and End-Use (Automotive, Oil & Gas, Medical, and Others): Global Opportunity Analysis and Industry Forecast, 2020–2027.” 

Prime determinants of growth

Increase in demand in lithium-ion electrolytes & lubricant applications and rise of the automotive industry in Asia-Pacific drive the growth of the global ethylene carbonate market. However, fluctuations in the prices of raw materials hinder the market growth. On the other hand, rapid urbanization and adoption of new technologies in lithium-ion batteries present new opportunities in the coming years.  

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Market players grabbing the largest market                      

  • Asahi Kasei Corp.
  • BASF SE
  • Cole-Parmer Instrument Company, LLC.
  • Empower Materials
  • Huntsman Corporation
  • Merck KGaA
  • Mitsubishi Chemicals
  • Prasol Chemicals Lts
  • Thermo Fisher Scientific
  • Vizag Chemicals International

COVID-19 Scenario

  • Owing to lockdown, manufacturing activities for ethylene carbonate stopped across various countries. In addition, supply and distribution activities are hampered.
  • Many industrial activities in sectors such as automotive, aerospace, and others came to abrupt halt. This resulted in a significant decrease in demand for ethylene carbonate.
  • The demand would be restored steadily as daily operations in different end-use industries resume during the post-lockdown period.

The solid segment to continue its lead position during the forecast period

Based on form, the solid segment held the highest market share in 2019, accounting for more than three-fifths of the global ethylene carbonate market, and is projected to continue its lead position during the forecast period. This is attributed to its usage as high permittivity component of electrolytes in lithium and lithium-ion batteries. However, the liquid segment is estimated to witness the highest CAGR of 6.3% from 2020 to 2027, owing to extensive usage as an electrolyte in lithium-ion batteries.  

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The lubricants segment to maintain its dominance in terms of revenue throughout the forecast period

Based on application, the lubricants segment contributed to the largest market share, holding more than one-third of the global ethylene carbonate market in 2019, and is expected to maintain its dominance in terms of revenue throughout the forecast period. This is attributed to its widespread usage in the automotive industry. However, the lithium battery electrolytes segment is estimated to register the fastest CAGR of 6.6% from 2020 to 2027. This is due to rise of usage in electric vehicles and focus on clean energy to lower down carbon emissions.

North America to grow at the fastest rate

Based on region, North America is projected to portray the largest CAGR of 6.7% during the forecast period, owing to shift in consumer preference toward synthetic lubricants as they offer superior properties including thermal stability, wear & tear protection, heavy load holding capacity, and low friction. However, Asia-Pacific accounted for the highest share with nearly half of the global ethylene carbonate market in 2019, and is expected to continue its highest contribution by 2027. This is attributed to increased automotive sector and increase in the electric vehicle industry.

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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. 

Contact:
David Correa
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Metal Fiber Market Size, Share, Growth Insights, Top Companies, Segmentations and Forecast to 2027

According to the report published by Allied Market Research, the global metal fiber market was pegged at $4.5 billion in 2019, and is anticipated to reach $5.7 billion by 2027, registering a CAGR of 4.2% from 2020 to 2027. The report provides an in-depth analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive scenario, and varying market trends.

Rise in use of steel fiber in the construction industry and high demand for metal fibers in filtration application fuel the growth of the global metal fiber market. On the other hand, volatile prices of raw materials impede the growth to some extent. Nevertheless, developing consumer base in emerging economies is expected to create lucrative opportunities in the industry.

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The key market players analyzed in the global metal fiber market report include Arcelor Mittal, Addas Group, Bekaert S.A, Kosteel Co. Ltd., Yutian Zhitai Steel Fiber Manufacturing Co., Ltd, Nippon Seisen Co., Ltd, Fibrezone India, Stanford Advanced Materials, Sarda Industrial Enterprises, and Green Steel Group. These market players have embraced several strategies including partnership, expansion, collaboration, joint ventures, and others to prove their flair in the industry.

Covid-19 scenario-

  • The outbreak of Covid-19 led to huge disorders in industrial activities, which in turn decreased the demand for metal fiber significantly.
  • At the same time, the disrupted chemical industry supply chain impacted the global market for metal fiber negatively.
  • Nevertheless, government bodies in different countries are coming up with several relaxations on the existing dictums, and the market is projected to get back to its position soon.

The global metal fiber market is analyzed across type, end-use industry, and region. Based on type, the steel segment contributed to around one-third of the total market in 2019, and is anticipated to retain its dominance by 2027. The same segment would also showcase the fastest CAGR of 4.6% from 2020 to 2027.

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Based on end-use industry, the automotive segment accounted for nearly one-fourth of the total market share in 2019, and is projected to lead the trail by the end of 2027. Simultaneously, the aerospace segment would grow at the fastest CAGR of 4.8% throughout the forecast period.

Based on geography, Asia-Pacific held the major share in 2019, holding nearly one-third of the global metal fiber market. The same region would also manifest the fastest CAGR of 4.6% during the forecast period. The other regions covered in the report include Europe, LAMEA, and North America.

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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. 

Contact:
David Correa
5933 NE Win Sivers Drive
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Drone logistics Market Analysis, Growth Opportunities, Future Demand And Leading Players Updates By Forecast To 2021-2031

Growth of the drone logistics industry has propelled, owing to rise in demand for time-efficient delivery service and rise in demand for drones in last mile delivery. However, cybersecurity issues associated with drones and short flying duration are the factors that hamper the drone logistics market size. Furthermore, revamped government regulatory framework is the factor expected to offer growth opportunities during the forecast period.

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Key Market Players

  • Deutsche Post DHL Group
  • Drone Delivery Canada
  • DroneScan
  • FedEx Corporation
  • Flytrex Inc.
  • Hardis Group
  • Infinium Robotics
  • Matternet, Inc.
  • PINC Solutions
  • Amazon.com, Inc.
  • United Parcel Service of America, Inc.
  • Wing Aviation LLC
  • Workhorse Group Incorporated
  • Zipline International Inc.
  • Wingcopter GmbH

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The global logistics and e-commerce market has experienced growth in the recent years. The growth in e-commerce and logistics industries drives demand for time-efficient delivery solutions for transportation of critical goods across the globe. For instance, in April 2021, ANA Holdings Inc. and Wingcopter announced a partnership for accelerating development of vital pharmaceuticals and other consumer products drone delivery infrastructure. The partnership is aimed at building a drone delivery infrastructure across Japan.

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The aviation administration around the world is approving commercial delivery companies for operating drones to provide the delivery service. For instance, Federal Aviation Administration approved Alphabet-owned startup, Wing, for making commercial deliveries through drones in the U.S. in April 2019. The approval will facilitate Wing in making drone-based deliveries in Virginia. In addition, the advantages such as safe and efficient operations associated with drone delivery solutions promote the adoption of drones for providing delivery and investment for developing drone delivery systems by commercial and logistics organizations across the globe. The increase in the adoption of drone delivery systems to enhance the efficiency and increase the cost-effectiveness of the delivery systems are the factors that propels the growth of drone delivery during the forecast period.

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Key Benefits For Stakeholders

  • This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the drone logistics & transportation market analysis from 2021 to 2031 to identify the prevailing drone logistics market opportunities.
  • The market research is offered along with information related to key drivers, restraints, and opportunities.
  • Porter’s five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
  • In-depth analysis of the drone logistics industry segmentation assists to determine the prevailing market opportunities.
  • Major countries in each region are mapped according to their revenue contribution to the global market.
  • Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
  • The report includes the analysis of the regional as well as global drone logistics market trends, key players, market segments, application areas, and market growth strategies.

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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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Helicopters Market Size, Growth, Report Study, Demand, Key Players, and Forecast by 2021-2031

According to a new report published by Allied Market Research, titled, “Helicopters Market,” The helicopters market was valued at $20.36 billion in 2021, and is estimated to reach $39.87 billion by 2031, growing at a CAGR of 7.3% from 2022 to 2031.

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Key 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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North America was the highest revenue contributor. The U.S. dominated the global helicopter market share in North America in 2021, owing to increase in R&D activities; technological developments by key players; and rapid adoption of innovative technologies in making advanced, reliable, precise, and efficient helicopter components. Asia-Pacific is expected to grow at a significant rate during the forecast period, owing to rise in procurement and development of advanced helicopter systems by several Asian nations, for instance, China, India, Japan, and South Korea.

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By type, the helicopter market has been categorized into civil & commercial and military. The civil & commercial segment accounted for the highest revenue in 2021, owing to high demand for civil & commercial helicopter services globally.

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KEY FINDINGS OF THE STUDY

  • By type, the military segment is expected to register a significant growth during the forecast period.
  • On the basis of weight, the heavy weight segment is anticipated to exhibit significant growth in future.
  • On the basis of number of engines, the twin engine segment is anticipated to exhibit significant growth in future.
  • According to application, the oil and gas segment is projected to lead the global helicopter market.
  • Region wise, Asia-Pacific is anticipated to register the highest CAGR during the forecast period.

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Similar Research Report:
Aircraft Engines Market: https://www.alliedmarketresearch.com/aircraft-engines-market

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
USA/Canada (Toll Free):
+1-800-792-5285, +1-503-894-6022, +1-503-446-1141
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Metal Replacement Marker Trend, Size, Share, Key Players, Type, End-User Industry, Regional Demand, Forecast 2022

The research offers a detailed segmentation of the global metal replacement market. Key segments analyzed in the research include Type, End-User Industry and Geography. Extensive analysis of sales, revenue, growth rate, and market share of each type, process, shell material, application and end user for the historic period and the forecast period is offered with the help of tables.     

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In 2015, Asia-Pacific and LAMEA collectively accounted for around half of the total metal replacement market and are expected to continue this trend due to increase in infrastructural development, specifically in China, * India, Brazil, and other developing economies. Moreover, rise in per capita disposable incomes and changes in preference of automotive manufacturers to set up their manufacturing facilities in the aforementioned countries boost the growth of the metal replacement market in the Asia-Pacific region.

Metal Replacement Market size is expected to cross USD 166,762 million by 2022 and registering a CAGR of 9% over the forecast period, According to report published by Allied Market Research. Owing to rise in demand for lightweight materials to be used in automobiles and manufacturing components of aircrafts, the global metal replacement industry witnesses numerous growth opportunities. Metal replacement is expected to register the highest growth in the automotive industry owing to rise in use of plastics and composites.

Furthermore, as a lightweight alternative, engineering plastics, and composites possess advantages such as higher operating reliability, longer equipment life cycle, energy saving, higher strength, and maintenance cost reduction. In addition, the increase in use of ABS to decrease the design complexity and overall weight especially in aerospace and defense industry and the demand for improved quality of packaging products is expected to empower the metal replacement market growth.

The major companies profiled in the report include Solvay SA, SGL-Group, Owens Corning Corporation, Celanese Corporation, BASF SE, Toray Industries, Inc., and Jushi Group., Honeywell International Inc., Asahi Kasei Corporation, and Formosa Plastics Corp.

Metal replacement refers to the substitution of heavy metals with their lighter counterparts, generally made of plastics or composites to reduce the overall weight, cost and production time. The components which are exposed to vibration, stress, aggressive media, and heat can be manufactured using composites and engineering plastics instead of metals to reduce weight. Metals are replaced in various major end-use industries, such as automotive, construction, healthcare, and packaging.

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At present, the global metal replacement market witnesses a lot of opportunities due to rise in demand for lightweight materials to be used in automobiles and manufacturing components of aircrafts. Moreover, different applications of metal replacement in automotive, construction, aerospace and defense, healthcare, and consumer goods industries is another factor anticipated to propel the growth of the market during the forecast period. In addition, rise in need for cost-effective and efficient vehicles and increase in number of production techniques of light weight plastics drive the market growth.

Key Findings of the Metal Replacement Market:

* In terms of value, the automotive industry segment is projected to be the fastest growing segment during the analysis period.
* Asia-Pacific is projected to maintain its lead position throughout 2022 and grow at a CAGR of 6.0%, in terms of volume.
* In terms of volume, the automotive segment occupied for approximately one-fourths of the total market in 2015.
* China occupied around one-third of the total Asia-Pacific metal replacement market in 2015.
* In terms of value, India is expected to grow at the fastest rate in the Asia-Pacific region and is expected to grow at a CAGR of 10.1% from 2016 to 2022.

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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.

Construction Adhesives & Sealants Chemical Market Analysis, Size, Demand, Advantage, Future Innovation, Application and Forecast 2023

The research offers a detailed segmentation of the global construction adhesives & sealants chemical market. Key segments analyzed in the research include Type, Application and Geography. Extensive analysis of sales, revenue, growth rate, and market share of each type, process, shell material, application and end user for the historic period and the forecast period is offered with the help of tables.     

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The global construction adhesives & sealants chemical market was valued at $7,131 million in 2016, and is expected to reach $12,844 million by 2023, growing at a CAGR of 8.8% during the forecast period. In 2016, water-based adhesives accounted for two-fifths of the total share, in terms of revenue, whereas acrylic sealants accounted for one-third of the total share.

Glass building constructions for commercial space are rapidly increasing. Large sheets of glass for windows, doors, and roof installed in these modern structures require sealants in the panel to achieve a weather-tight structure. Improvement in lifestyle patterns in emerging countries such as China, India, Brazil, Middle East, and Africa owing to the rapid economic development and increase in disposable income have fueled the development of residential projects, which resulted in increased demand for adhesives & sealants.

Volatility in the prices of raw material and regulatory intervention for high volatile organic compounds (VOCs) from the environment bodies & federal agencies are projected to hamper the growth of market during the forecast period. Stringent regulations have promoted R&D activities to develop bio-based adhesives & sealants with reduced carbon footprints, which is expected to provide lucrative opportunities for the key players.

Key Findings of the Construction Adhesives & Sealants Chemical Market

• Asia-Pacific is expected to lead the market during the forecast period, followed by LAMEA

• In 2016, the infrastructures application generated the highest revenue, and is projected to grow at a CAGR of 9.2% during the forecast period

• In 2016, the acrylic sealants type generated the highest revenue, and is projected to grow at a significant CAGR during the forecast period

• The residential segment is anticipated to show high growth rate, registering a CAGR of 8.5%

• LAMEA accounted for approximately one-fourth share in terms of revenue, in 2016.

• The construction adhesives & sealants chemical market in North America is anticipated to grow at a CAGR of 7.4%

• Asia-Pacific and LAMEA collectively contributed more than half of the share in global market, in terms of revenue, in 2016

The key players operating in the market are Henkel AG & Company, H.B. Fuller, Bostik SA, Sika AG, 3M Company, Illinois Tool Works Corporation, Avery Dennison Corporation, DAP Products, Royal Adhesives & Sealants, LLC., and Franklin International.

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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 domains. AMR offers its services across 11 industry verticals including Life Sciences, Consumer Goods, Materials & Chemicals, Construction & Manufacturing, Food & Beverages, Energy & Power, Semiconductor & Electronics, Automotive & Transportation, ICT & Media, Aerospace & Defense, and BFSI.

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.

Commercial Fuel Cards Market- New Business Opportunities and Investment Research Report 2029

Increase in the IoT applications and technological advancements that quicken business processes drive the market. In addition, innovations in payment systems and fuel card products offerings further fuel market growth. However, card security related issues impede the market. The emergence of contactless payments methods make way for market development.

The global commercial fuel cards market is segmented on the basis of type, end user, and region. Based on type, the market is divided into magnetic, optical, and chip. The end-user segment includes fleet-operators and others. Based on the region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Major industry players such as – Texaco, Inc, European Diesel Card Ltd, FleetOne, L.L.C., BP p.l.c., Exxon Mobil Corporation, Keyfuels, euroShell, Allstar Business Solutions, and UK Fuels Limited.

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The global market report provides the detailed market share, size, and the growth rate of various segments at both the country and regional levels. It includes an in-depth study of the market subtleties such as the current trends, drivers, restrains, and opportunities. The report also highlights the qualitative aspects in the study. The market report also involves the competitive landscape containing the profiles of top ten key players in the industry. The companies have been thoroughly analyzed on the basis of their revenue size, regional presence, product/service portfolio, major plans & policies, and overall contribution to the growth of the market.

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The market numbers are verified by means of numerous data triangulation techniques. Additionally, reliable industry journals, accurate press releases from trade association, and government websites have also been revised for producing exclusive industry insights.

About Us:

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 launched its user-based online library of reports and company profiles, Avenue. An e-access library is accessible from any device, anywhere, and at any time for entrepreneurs, stakeholders, and researchers and students at universities. With reports on more than 60,000 niche markets with data comprising of 600,000 pages along with company profiles on more than 12,000 firms, Avenue offers access to the entire repository of information through subscriptions. A hassle-free solution to clients’ requirements is complemented with analyst support and customization requests.