This Sports Medicine Market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market.
Key Market Players Arthrex Inc., CONMED Corporation,, DJO Global,, Johnson & Johnson, Mueller Sport Medicine, Orthofix International N.V, Smith & Nephew Plc., Stryker Corporation, Wright Medical group, Zimmer Biomet Holdings ,Inc
Key Benefits of the report:
✅ This study presents the analytical depiction of the global Sports Medicine industry along with the current trends and future estimations to determine the imminent investment pockets. ✅ The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global Sports Medicine market share. ✅ The current market is quantitatively analysed to highlight the global Sports Medicine market growth scenario. ✅ Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market. ✅ The report provides a detailed global Sports Medicine market analysis based on competitive intensity and how the competition will take shape in the coming years. ✅ Sports Medicine Market Report Answers the Following Questions: ✅ How much revenue will the Sports Medicine market generate by the end of the forecast period? ✅ Which market segment is expected to have the maximum market share? ✅ What are the influencing factors and their impact on the Sports Medicine market? ✅ Which regions are currently contributing the maximum share of the overall Sports Medicine market? ✅ What indicators are likely to stimulate the Sports Medicine market? ✅ What are the main strategies of the major players in the Sports Medicine market to expand their geographic presence? ✅ What are the main advances in the Sports Medicine market? ✅ How do regulatory standards affect the Sports Medicine market?
Increase in demand for various insurance plans is anticipated to drive the life reinsurance market growth during the forecast period. Additionally, the COVID-19 pandemic increased awareness of the need for life insurance among the general public. One of the primary causes of rise in demand for life and health insurance plans during COVID-19 is the high cost of its treatment in private hospitals. Furthermore, increase in demand for artificial intelligence (AI) in life reinsurance and conduit life reinsurance is an emerging trend in the life reinsurance market. However, re-insurers have experienced significant market losses as a result of the rise in life insurance claims. Life reinsurers have so revised their methods to deal with rising losses in order to deal with these risks. Due to a rise in life insurance claims, many life reinsurers have reported increased premium rates recently. Reinsurance companies can manage risk and perform better by keeping premium prices high. As a result of this action, life reinsurers will probably put pressure on insurance firms to increase insurance prices. The cost burden is then transferred to end-user insurance clients.
The life reinsurance market was valued at $222.14 billion in 2021, and is estimated to reach $647.8 billion by 2031, growing at a CAGR of 11.6% from 2022 to 2031.
life reinsurance companies in the global life reinsurance market are improving their services and trying to provide better support and services to insurers by collaborating with various fintech organizations. For instance, in November 2019, Swiss Re and WeBank collaborated to investigate the technologies needed to overcome the problems brought on by data silos. Swiss Re anticipated that the collaboration would lay the groundwork for a brand-new venture supported by federated learning and inspire the life reinsurance sector to embrace fresh guidelines for advancing its technological prowess.
Furthermore, Resolution Life and Blackstone announced a strategic partnership to support the continued growth of Resolution Life, a leading global life and annuity insurance consolidation business. With a stronger financial foundation, Resolution Life will be able to continue fulfilling its purpose of serving as a worldwide custodian for life insurance and annuity policyholders while scaling up its development trajectory in a highly competitive acquisition market. The Bermuda Monetary Authority continues to regulate the Resolution Life Group, which has a sound group capital position, good solvency ratios, and investment-grade ratings.
Moreover, the life reinsurance sector is changing how policies are written as a result of automated technologies. Adopting direct to customer (D2C) frameworks, which benefit insurers and re-insurers, can strengthen relationships between customers and insurers. Major market player Swiss Re has created a direct to customer automated underwriting system called as Magnum that helps insurers to expedite their underwriting processes. Such a technology enables insurers to access and make use of vast amounts of consumer data, enabling reinsurers to improve the precision of risk profile. The life reinsurance sector is predicted to undergo further changes as a result of these developments.
On the basis of distribution channel, the direct writing segment acquired a major share in the life reinsurance market in 2021. This is attributed to the fact that increased awareness among insurers regarding life reinsurance policies to cover business risks and losses has increased the sale of life reinsurance. Additionally, technological trends and developments in the insurance industry present opportunities for life reinsurance companies to expand their products and provide coverage for telematics. Furthermore, Life reinsurance companies are involved in direct selling of reinsurance policies as well as sell online through their websites, which is anticipated to become a major trend in the reinsurance market.
Region-wise, North America dominated the life reinsurance market trends in 2021. It is attributed to the fact that the increase in demand in artificial intelligence and technologies in life reinsurance is emerging the overall life reinsurance market. Moreover, rise in awareness about the insurance products in North America and increase in life reinsurance brokers in the region are propelling the growth of the life reinsurance market.
The pandemic had a negative impact on life reinsurance industry as most of the insurers turned toward life reinsurance industry for assistance in claim settlements. In addition, the life reinsurance market experienced a decline owing to reduced claims in some areas, which led to insurers purchasing less life reinsurance. However, digitalization in insurance & life reinsurance industries has helped them tackle the negative impact on the market. Moreover, the increased integration of big data analytics and automation for claim settlement process has helped the market grow during the pandemic.
By distribution channel, the direct writing segment led the highest life reinsurance market share in terms of revenue in 2021. On the basis of product, the medical insurance segment is expected to exhibit the fastest growth rate during the forecast period. Region-wise, North America generated the highest revenue in life reinsurance market size in 2021.
The key players operating in the life reinsurance market analysis include AXA XL, Berkshire Hathaway Life Insurance Company, Everest Re Group, Ltd., The Canada Life Assurance Company, Swiss Re, Munich Re, Hannover Re, MAPFRE, RGA Reinsurance Company, and PartnerRe. These players have adopted various strategies to increase their market penetration and strengthen their position in the industry.
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. 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.
According to a new report published by Allied Market Research, titled, “Space Robotics Market,” The space robotics market was valued at $4.3 billion in 2021, and is estimated to reach $8 billion by 2031, growing at a CAGR of 6.9% from 2022 to 2031.
North America dominates the market, in terms of revenue, followed by Europe, Asia-Pacific and LAMEA. In addition, LAMEA is expected to grow at a highest growth rate over the forecast period, owing to the rising demand for space exploration.
The capability and the suppleness to reconfigure a space robot that is now in orbit are being demanded by the operatives. The ability to tweak the space robots and spaceship to the varying needs of the market is important for the operators of GEO (Geostationary Orbit) satellites that have a lifespan of more than 15 years. This may include switching its functionality from TV broadcasting to internet connectivity or moving a satellite and its robotic arm into a different position, which would be difficult with the traditional hardware-defined space robots.
For instance, in 2021, Lockheed Martin, an American satellite manufacturer launched a set of CubeSats into the LEO (low Earth orbit). These CubeSats were distinct from regular CubeSats. They were introduced in structures, function as a space-based process data onboard, cloud computing platform, and have their functionality changed through updates in software operated from the ground during the mission.
This shows the entry of the leading companies into software-defined space robotics that rely on flexible software, generic hardware, and a distributed & advanced space on-board computing platform to identify their missions. With its automated on-board computing platform, software-defined technology offers the suppleness they need and could also decrease the costs in the future. Though, the operators and manufacturers have now introduced partially software-defined space robots for MEO and LEO constellations. Thus, software-defined technology is designed to create opportunities for the space robotics market.
The rise in the number of space missions planned by various space agencies is driving the growth of the space robotics in deep space. In addition, the incorporation of technology is fostering the application and development of space exploration systems. These space missions aim at the investigation of several intended celestial bodies such as Saturn’s moons, Jupiter’s moons, Earth’s moon, asteroids, Sun, and Mars. Furthermore, these operations are meant to recognize the properties of the planets along with observing their atmosphere and analyzing the possibility of life at different planets.
Also, the advancements in technology have proliferated the demand for deep space exploration around the world. Additionally, the demand for space exploration technologies arises with the development and emergence of artificial intelligence. Moreover, the inclusion of solar electric propulsion systems, guidance and navigation technology is increasing the demand for the space robotics in deep space. Furthermore, leading players and space agencies are spending huge amounts in research & development activities for regular improvements in the field of space technology. Such factors are effectively driving the growth of space robotics market.
The rise of threats in military security have been ultimately fostering the need for satellite communication services as a part of ensuring reconnaissance, surveillance, and intelligence application areas. This further adds up to the necessity toward launching missiles, space crafts and many others to increase security standards and services within the defense & military units.
Likewise, the military or defense organizations supports the positioning of different types of satellites including surveillance satellites, communication satellites and many others towards monitoring or tracking of future security threats, thereby impacting the growth of space robotics in commercial markets. Such factors are further set to support the growth of space robotics market in the coming years.
By solution, the remotely operated vehicles segment is projected to dominate the global space robotics market in terms of growth rate.
By application, the ground segment is projected to dominate the global space robotics market in terms of growth rate.
By end user, the government segment is projected to dominate the global space robotics market in terms of growth rate.
The key players operating in the space robotics market are Altius Space Machines, Astrobotic Technology, Honeybee Robotics, ispace Inc., Maxar Technologies, Motiv Space Systems Inc., Northrop Grumman Corporation, Oceaneering International, Inc., Olis Robotics, and Space Applications Services.
𝐂𝐨𝐧𝐭𝐚𝐜𝐭:
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This Vaccines Market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market.
Key Market Players AstraZeneca Plc., CSL Limited, Emergent Bio Solutions Inc., GlaxoSmithKline plc., Johnson & Johnson, Merck & Co., Inc., Novavax, Inc., Pfizer, Sanofi Aventis, Serum Institute of India Pvt. Ltd.
Key Benefits of the report:
✅ This study presents the analytical depiction of the global Vaccines industry along with the current trends and future estimations to determine the imminent investment pockets. ✅ The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global Vaccines market share. ✅ The current market is quantitatively analysed to highlight the global Vaccines market growth scenario. ✅ Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market. ✅ The report provides a detailed global Vaccines market analysis based on competitive intensity and how the competition will take shape in the coming years. ✅ Vaccines Market Report Answers the Following Questions: ✅ How much revenue will the Vaccines market generate by the end of the forecast period? ✅ Which market segment is expected to have the maximum market share? ✅ What are the influencing factors and their impact on the Vaccines market? ✅ Which regions are currently contributing the maximum share of the overall Vaccines market? ✅ What indicators are likely to stimulate the Vaccines market? ✅ What are the main strategies of the major players in the Vaccines market to expand their geographic presence? ✅ What are the main advances in the Vaccines market? ✅ How do regulatory standards affect the Vaccines market?
The aircraft mount connects the engine to the airframe or fuselage and helps in distributing the weight of the engine. Aircraft mounts are the most stressed parts on an aircraft. They are lightweight, possess high fracture toughness, and helps in maintaining high strength even at temperatures of up to 500 °C. The aircraft mount supports and isolates the airplane structure from adverse engine vibrations and reduces the noise of aircraft components. Aircraft mounts are mainly used in commercial aircraft, general aviation aircraft, and in the military aircraft such as fighter jets and military helicopters.
Due to COVID-19 situation, the production rate of industries across the globe has been hampered because of the declared lockdowns and government restrictions on public gatherings.
The demand of aircraft interior mounts is affected due to the cancellation of large number of flights across the globe to curb the transmission of the virus.
Restrictions on travel may lead to cancellation of airplane orders in near future which may affect the aircraft manufacturing companies.
The demand for spare parts is also reduced since there are no requirement as many airline’s business has been closed due to COVID-19 pandemic.
There will be a considerable rise in demand for aircraft mounts as the world starts moving toward normalcy.
Top impacting factors: market scenario analysis, trends, drivers and impact analysis
Growth in emphasis to enhance safety & comfort, increase in manufacturing of aviation fleets, and rise in commercial traffic are some of the factors that drive the global aircraft mounts market. However, the high material cost of mounts is hampering the market growth. The replacement of several commercial & military aircrafts and rise in aircraft backlogs are opportunistic for aircraft mounts market growth.
The demand for aircraft mounts is growing with rise in demand for better flight experience. With the rise in air passenger traffic worldwide, there has been a rise in the demand for enhanced flight experience through in-flight entertainment, which is expected to contribute in growth of the aircraft mounts market.
Rise in aircraft backlogs
Boing and Airbus reported order backlogs amounting to 12,838 commercial aircraft, corresponding to 7.1 and 8.9 years of annual production for Boing and Airbus, respectively. The increasing backlogs and the growing commercial air traffic are promoting the manufacturers to increase their manufacturing capacities, thereby boosting the growth of the interior mounts market.
This study presents the analytical depiction of the global interior aircraft mounts industry along with the current trends and future estimations to determine the imminent investment pockets.
The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global aircraft interior mounts market share.
The current market is quantitatively analyzed to highlight the global aircraft interior mounts market growth scenario.
Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
The report provides a detailed global aircraft interior mounts market analysis based on competitive intensity and how the competition will take shape in coming years.
Questions answered in the aircraft interior mounts market research report:
Which are the leading market players active in the global aircraft interior mounts market?
What are the current trends that will influence the market in the next few years?
What are the driving factors, restraints, and opportunities in the market?
What are the projections for the future that would help in taking further strategic steps?
General Aviation Aircraft Business Jet Ultralight Aircraft Commercial Aircraft Narrow Body Aircraft Wide Body Aircraft Large Aircraft Regional Transport Aircraft Commercial Helicopters Military Aircraft Fighter Jets Transport Aircraft Military Helicopters
By Region
North America (US, Canada) Europe (Germany, UK, France, rest of Europe) Asia-Pacific (China, Japan, India, rest of Asia-Pacific) Latin America (Brazil, Mexico, rest of LATAM) Middle EastAfrica
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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David Correa 1209 Orange Street, Corporation Trust Center, Wilmington, New Castle, Delaware 19801 USA. USA/Canada (Toll Free): +1–800–792–5285 UK: +44–845–528–1300 Hong Kong: +852–301–84916 India (Pune): +91–20–66346060 Fax: +1–800–792–5285 help@alliedmarketresearch.com
According to the report, the global prescriptive analytics market generated $1.96 billion in 2018, and is expected to reach $12.35 billion by 2026, registering at a CAGR of 26.6% from 2019 to 2026.
Surge in requirement for extensive market analytics solutions, advent of new technologies including big data and IoT, and rise in demand for cloud-based predictive analytics drive the growth of the global prescriptive analytics market. However, high cost of investment and intricate analytical workflow restrain the market growth. On the other hand, increase in adoption of measures for cybercrime prediction and prevention and surge in expenditure on development of big data infrastructure create new opportunities in the market.
Based on business function, the operations segment held the largest market share in the global prescriptive analytics market, contributing for nearly one-third of the total market share in 2018, and is expected to maintain its lead position throughout the forecast period. This is due to inclination of enterprises across the globe toward implementation of analytical solutions in its business operation processes. However, the marketing segment is estimated to grow the fastest CAGR of 28.6% from 2019 to 2026, owing to its ability to provide insights based on marketing strategies.
Based on industry vertical, the BFSI segment contributed for nearly one-fifth of the total share of the global prescriptive analytics market in 2018, and is estimated to dominate in terms of revenue during the forecast period. This is attributed to increase in need for optimization of business processes in financial institutes such as banks. However, the manufacturing segment is expected to register the fastest CAGR of 30.1% from 2019 to 2026, owing to its features such as prescriptive maintenance that are useful in the assembly lines and manufacturing plants.
Based on region, North America held the highest market share in 2018, accounting for nearly two-fifths of the global prescriptive analytics market, and will maintain its lead position during the forecast period. This is due to well-developed IT infrastructure that led to early adoption of automation processes in the region. On the other hand, Asia-Pacific is expected to portray the largest CAGR of 29.5% from 2019 to 2026, owing to rise in demand in government institutes along with integration of analytics into existing predictive models of organizations operating in this region.
The key players profiled in the prescriptive analytics market forecast includes Fair, Isaac and Company (FICO), IBM Corporation, Infor, Oracle Corporation, River Logic, Inc., Salesforce.com Inc, SAP SE, SAS Institute Inc., Teradata Corporation, and Tibco Software Inc.
This study includes the prescriptive analytics market opportunity, analysis, trends, and future estimations to determine the imminent investment pockets.
The report presents information related to key drivers, restraints, and opportunities of the prescriptive analytics industry.
The prescriptive analytics market size is quantitatively analyzed from 2018 to 2026 to highlight the financial competenc of the industry.
Porter’s five forces analysis illustrates the potency of the buyers & suppliers in the prescriptive analytics 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. 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 in making strategic business decisions and achieving sustainable growth in their respective market domains.
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, 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.
Chronic Kidney Disease (CKD) is a prevalent and serious medical condition characterized by the gradual loss of kidney function over time. With the increasing global burden of CKD, the treatment landscape has evolved significantly to address the challenges posed by this condition.
The chronic kidney disease treatment market size was valued at $32 billion in 2022, and is estimated to reach $47.9 billion by 2032, growing at a CAGR of 4% from 2023 to 2032.
CAGR: 4%
Current Market Size: USD 32 Billion
Fastest Growing Region: APAC
Largest Market: North America
Projection Time: 2022-2032
Base Year: 2022
This article explores the current state of the Chronic Kidney Disease Treatment Market, highlighting the key trends, advancements, challenges, and future prospects.
The management of CKD involves a multi-faceted approach that aims to slow down disease progression, manage complications, and improve patients’ quality of life. The primary treatment strategies include:
Lifestyle Modifications: Lifestyle changes such as adopting a healthy diet, managing blood pressure, controlling diabetes, and avoiding smoking and excessive alcohol consumption play a pivotal role in CKD management.
Medications: Medications are used to control blood pressure, reduce proteinuria, and manage related complications like anemia and bone disorders. Angiotensin-converting enzyme inhibitors (ACE inhibitors) and angiotensin II receptor blockers (ARBs) are commonly prescribed to protect kidney function.
Dialysis: As CKD progresses to end-stage renal disease (ESRD), patients may require dialysis, a process that removes waste and excess fluids from the blood. Hemodialysis and peritoneal dialysis are the two primary types.
Kidney Transplant: Kidney transplantation offers the best long-term outcomes for ESRD patients. It provides them with improved quality of life and a chance to regain normal kidney function.
Emerging Trends and Advancements:
The CKD treatment market is witnessing several promising trends and advancements:
Precision Medicine: Advances in genetics and personalized medicine are enabling tailored treatments based on patients’ genetic makeup and disease characteristics, leading to more effective and targeted interventions.
Novel Therapies: Researchers are exploring innovative therapies targeting various pathways involved in CKD progression. New drugs targeting fibrosis, inflammation, and oxidative stress hold potential to slow disease advancement.
Telemedicine and Remote Monitoring: Telemedicine is transforming CKD care by enabling remote patient monitoring, regular consultations, and timely interventions. This approach improves patient adherence and reduces hospital visits.
Biomarker Development: Biomarkers that can predict CKD progression and treatment response are being identified, aiding in early diagnosis and personalized treatment strategies.
Despite the advancements, the CKD treatment market faces challenges:
High Treatment Costs: Dialysis and transplantation can be financially burdensome. Ensuring access to affordable treatments remains a challenge, especially in low-resource settings.
Limited Awareness: CKD often goes undiagnosed until advanced stages. Raising public and healthcare professional awareness is essential for early detection and intervention.
Comorbidities: CKD is often associated with other chronic conditions like diabetes and cardiovascular disease, complicating treatment strategies and requiring a holistic approach.
Future Prospects:
The future of CKD treatment holds promise:
Regenerative Therapies: Research into regenerative medicine and stem cell therapies could potentially offer solutions for repairing damaged kidney tissue.
Artificial Kidneys: The development of wearable or implantable artificial kidneys could revolutionize treatment by providing continuous blood filtration and minimizing the need for traditional dialysis.
Early Detection Tools: Advancements in diagnostics could lead to the development of non-invasive and accurate tools for early CKD detection, allowing for timely interventions.
On the basis of treatment, the drugs segment dominated the chronic kidney disease treatment market size in 2022.
On the basis of end user, the hospital segment dominated the chronic kidney disease treatment market size in 2022.
On the basis of region, North America dominated the market in 2022. However, Asia-Pacific is expected to be the fastest growing region during the forecast period.
Conclusion:
The Chronic Kidney Disease Treatment Market has evolved significantly, with a growing emphasis on personalized care, innovative therapies, and improved patient outcomes. While challenges persist, ongoing research, technological innovations, and patient-centered approaches are driving the CKD treatment landscape toward a more hopeful future. As the global burden of CKD continues to rise, continued investment in research, awareness, and access to effective treatments will be crucial in mitigating the impact of this debilitating condition.
Alied 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.
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As per the report, the global network security industry was pegged at $18.48 billion in 2019, and is estimated to reach $63.39 billion by 2027, growing at a CAGR of 16.7% from 2020 to 2027.
Rise in level of cybercrimes, higher economic losses, and increase in data safety and privacy concerns drive the growth of the global network security market. However, high setup costs hinder the market growth. On the contrary, increase cyber-attacks during the Covid-19 pandemic and growth in digitalization trends across the globe are expected to open lucrative opportunities for the market players in the future.
Impact of Covid-19 on Network Security Market:
Due to strict regulations of lockdown, the majority of companies adopted work from home culture, which has increased the risk of cyber threats and cybercrime. This increased the demand for network security.
During the pandemic, more and more companies have been investing in cybersecurity and network security to offer remote workforce support.
The demand for network security from the healthcare sector increased due to Covid-19 pandemic as the network traffic from hospitals increased exponentially.
By component, the solution segment dominated the market in 2019, accounting for more than three-fifths of the global network security market, as network security solution monitors user activity, creates access limitation, trains and educates users, provides detailed information of log activities, creates plans for data breach response, compliance management, data encryption, and web application management. However, the service segment is estimated to register the highest CAGR of 17.4% from 2020 to 2027. This is owing to rise in need for security in any network as network security issues grow.
By solution type, the unified threat management segment is projected to portray the highest CAGR of 24.3% during the forecast period, due to surge in the importance of cybersecurity and the increase in cyber-attacks. However, the firewall segment held the lion’s share in 2019, contributing to around one-fourth of the global network security market, owing to emergence of cloud-based technology.
By region, the market across North America held the largest share in 2019, accounted for nearly two-fifths of the market, due to increase in the number of cyberattacks in the U.S. and rapid increase in number of connected devices in the region. However, the global network security market across Asia-Pacific is projected to register the highest CAGR of 18.3% during the forecast period, owing to rise in the number of cyber-attacks.
Major market players
Cisco Systems
Solarwinds
IBM
Trend Micro
FireMon
Symantec
FireEye
GFI Software
Avast Software
Juniper Networks
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A tankless water heater, also known as an on-demand water heater or instantaneous water heater, is a type of water heating system that heats water as it flows through the unit, providing hot water on demand without the need for a storage tank. Unlike traditional water heaters with storage tanks, tankless water heaters offer several advantages in terms of energy efficiency, space savings, and continuous hot water supply.
The global tankless water heater market size was valued at $6.3 billion in 2021, and is estimated to reach $12.3 billion by 2031, growing at a CAGR of 6.9% from 2022 to 2031.
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It’s important to consider factors such as the hot water demand of your household, fuel availability, and upfront costs when choosing a tankless water heater. While tankless water heaters offer several benefits, they may have higher initial costs compared to traditional storage tank heaters. However, the energy savings and longer lifespan can offset these costs over time, making tankless water heaters an attractive option for those seeking energy-efficient and space-saving water heating solutions.
The key players that operate in the tankless water heater market are profiled in the report, which include A.O. Smith, Bradford White Corporation, EcoSmart Energy Products, Inc., General Electric, Noritz Corporation, Navien, Inc., Robert Bosch GmbH, Stiebel Eltron, Inc., Westinghouse Electric Corporation, and V-Guard Industries, Ltd. Other players that operate in the value chain of the global tankless water heater market include Takagi, Rheem Manufacturing, Co., Bajaj Electricals Ltd., Atmor, Hubbel Electric Water Heater Company, Rinnai Corporation, and others.
In 2021, the condensing segment accounted for about 62.7% of the share in the global tankless water heater market, and is expected to maintain its dominance till the end of the forecast period.
In 2021, the electric segment accounted for 56.7% tankless water heater market share in the year 2021, and is anticipated to grow at a rate of 7.3% in terms of revenue, increasing its share in the global tankless water heater market.
Commercial is the fastest-growing application segment in the global tankless water heater market, expected to grow at a CAGR of 7.1% during 2022–2031.
Europe is expected to grow at the fastest rate, registering a CAGR of 7.4%, throughout the forecast period.
In 2021, Europe dominated the global tankless water heater market with more than 31.4% of the share, in terms of revenue.
These water heaters have proved to be very useful in commercial as well as residential sectors, which, in turn, gives traction to the tankless water heater market growth globally. There are numerous advantages associated with tankless water heaters such as compactness, energy & cost saving, and efficiency. Hence, to improve global sales, manufacturers of tankless water heaters have developed new and innovative tankless water heaters, which are cost-effective in design.
Rise in demand for tankless water heater from residential consumers, rapid growth of smart city infrastructure, and rise in investment toward upgradation of aged government infrastructure are the key factors that significantly contribute toward the growth of the global tankless water heater market.
Europe garnered a dominant share in 2021, and is anticipated to maintain this dominance in the tankless water heater market during the forecast period. This is attributed to presence of key players and huge consumer base in the region.
In addition, tankless water heaters have gained importance owing to increase in electrification rate, rise in disposable income in European economies, and rapid urbanization, which, in turn, is expected to augment the growth of the tankless water heater market during the forecast period.
Impact of Covid-19
The outbreak of COVID-19 has negatively impacted various industries and countries across the globe. Decrease has been witnessed in the growth rate of the industries such as construction & building, transportation, oil & gas, automotive, and energy sectors owing to the lockdown imposed, globally.
Tankless water heater is a heating equipment that heats water by using electricity or gas as its energy sources. It is different from traditional or tanked water heaters as it does not store water and heats water as water passes through the heating units in a short time. There is a water flow sensor in tankless water heaters that starts automatically when it senses the water flow.
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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A drive shaft is a mechanical part which is used for the transmission of torque to the driven components. The aircraft drive shaft is integrated with one or multiple couplings (universal joints) for the proper alignment between the driving and driven components of an aircraft. Therefore, the drive shaft combined with proper coupling helps in the transmission of motion from driving assembly to the driven assembly in the aircraft. The materials used in the manufacturing of components of drive shaft & couplings are of high standards as these parts are subjected to high stress and torsion. Additionally, the weight of such parts should not be increased as it can affect operation efficiency of an aircraft, however parts should be durable to tolerate shear stress and other corresponding forces.
Due to COVID-19 situation, the production rate of drive shaft industries across the globe has been hampered due to the declared lockdowns and government restrictions on public gatherings.
Restrictions on travel in order to curb the transmission of virus, may lead to cancellation of airplane order in near future which may affect the aircraft drive shaft manufacturing companies.
Demand for spare parts such as several types of universal joints is also down since there are no requirement as many airline’s business has been closed due to COVID 19 pandemic.
There will be a considerable rise in demand for aircraft drive shafts as the world starts moving towards normalcy.
Key companies of the aviation industry that are getting affected globally include Qatar Airways, Emirates, China Eastern Airlines, Lufthansa, Boeing, Airbus, American Airlines Group Inc., and Delta Air Lines. For instance, Qatar Airways suspended all of its flights to and from Italy that was one of the worst-hit countries by the pandemic of COVID-19.
Top impacting factors: market scenario analysis, trends, drivers and impact analysis
Growing demand for 3D printing & its use in designing of aircraft drive and increase in number of aircraft orders are some of the major factors which drive the global aircraft drive shaft market. However, the design complexities of composite drive shaft hamper the growth of the aircraft drive shaft market. On the contrary, growing research & development for the manufacturing of advanced aircraft drive shaft is opportunistic for the growth of global aircraft drive shaft market.
Growth in R&D for the manufacturing of advanced aircraft drive shaft
The development of lightweight & durable aircraft drive shafts will be able to withstand high shear stress & torsions, which drive shafts experience during operation. Moreover, such aircraft drive shafts will be able to mounted on any aircraft with utmost perfection. Additionally, the risk of wear & tear will be reduced and therefore maintenance costs will also come down. Hence, growing research & development for the manufacturing of such advanced aircraft drive shafts is expected to drive the aircraft drive shaft market in the future.
This study presents the analytical depiction of the global aircraft drive shaft industry along with the current trends and future estimations to determine the imminent investment pockets.
The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global aircraft drive shaft market share.
The current market is quantitatively analyzed to highlight the global aircraft drive shaft market growth scenario.
Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
The report provides a detailed global aircraft drive shaft market analysis based on competitive intensity and how the competition will take shape in coming years.
Questions answered in the aircraft drive shaft market research report:
Which are the leading market players active in the global aircraft drive shaft market?
What are the current trends that will influence the market in the next few years?
What are the driving factors, restraints, and opportunities in the market?
What are the projections for the future that would help in taking further strategic steps?
North America (US, Canada) Europe (Germany, UK, France, rest of Europe) Asia-Pacific (China, Japan, India, rest of Asia-Pacific) Latin America (Brazil, Mexico, rest of LATAM) The Middle EastAfrica
Key Market Players
General Dynamics Ordnance, Tactical Systems., KAMAN CORPORATION, Altra Motion, Lawrie Technology Inc., Regal Beloit Corporation, Pankl Racing Systems AG, UMBRAGROUP, GKN Aerospace Services Limited, HUBER+SUHNER, S.S. White Technologies Inc., Northstar Aerospace, Collins Aerospace
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.
Contact:
David Correa 1209 Orange Street, Corporation Trust Center, Wilmington, New Castle, Delaware 19801 USA. USA/Canada (Toll Free): +1–800–792–5285 UK: +44–845–528–1300 Hong Kong: +852–301–84916 India (Pune): +91–20–66346060 Fax: +1–800–792–5285 help@alliedmarketresearch.com
