Latest Research Report to uncover key Factors of Global Man-portable Anti-armor Weapons Market

The global market for man-portable anti-armor weapon is likely to see a positive growth over the coming years. According to a report by Transparency Market Research (TMR), a substantial 58% of the overall market revenue was held by the top four market players in 2016, making it a consolidated market. Yet, a number of small- and medium-sized enterprises are doing brisk business in regional markets, on account of their swiftly developing economies. The prominent players are expected to engage in the pursuit of valuable contracts from administrative and defense organizations in governments, who are constantly on the lookout for technologically advanced weapons and armor. Recently, Bharat Dynamics Ltd made a contract with the Indian Ministry of Defense to provide them with Milan-2T-Anti-tank guided missiles for the Indian Army. Prominent vendors in the global man-portable anti-armor weapons market are General Dynamics Corporation, MBDA Missiles Systems, Thales Group, Lockheed Martin Corporation, and Raytheon Company.

Our report predicts that the global man-portable anti-armor weapons market, which stood at US3.64 bn in the year 2016, will likely rise to US$6.38 bn by the end of 2025. Thus, over the forecast period from 2017 to 2025, the market in all probabilities will register a 6.5% CAGR.

Asia Pacific Region to Clock in Swiftest Growth Rate

While North America continues to dominate the market share in revenue since 2016, Asia Pacific is anticipated to witness a brisk growth rate. This could be attributed to the rising number of research and development activities being undertaken in the field of lightweight weapons in the region. Countries like India and China are heavily investing into developing anti-armor weapons of low weight. South Korea and other countries in the Asia Pacific expend vast amount of money in the procurement of man-portable anti-armor weaponry.

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Based on type, our report segments the overall man-portable anti-armor weapons market into anti-tank rifles, anti-aircraft missiles, recoilless rifles, and rocket propelled grenades. Among these, recoilless rifles are foretold to continue holding a substantial share in the market. The segment is expected to showcase a high growth rate among others. This significant demand could be on account of the rising utilization of these rifles in defense applications.

Research in Lightweight Weaponry to Propel Market Upswing

The surge in use of portable weapons in defense has increased considerably in the past few years primarily because of the increment in urban warfare. Such type of warfare demands mobility man portable weapon systems for rapid operations against the enemy station. Lightweight weapons provide significant anti-bunker, anti-tank, and anti-personnel capabilities to ground troops. This has, in turn, led to an increased focus on research and development activities aimed at the introduction of modern lightweight technologies to destroy armored tanks, vehicles, and aircrafts.

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Here is Why 2020 Could Be Another Big Year for Global Aircraft Engines Market

The worldwide aircraft engines market is anticipated to draw a good amount of demand attributable to the rising requirement of cutting edge private and commercial aircrafts, states Transparency Market Research (TMR) in a research report. This might be a direct result of the foray of new aircraft organizations into the market and network development of the firms as of now working in the market. The continuous need to take over from or supplant outdated aircrafts is another factor promoting demand for aircraft engines.

GE Aviation's launch of the M601H-80 Turboprop Derivative Engine II-49 and other new engines with different pattern on account of constant thrust on innovationss is expected to bring more sales in the market. Similar efforts by other leading players in the market for aircraft engines is also predicted to benefit growth and intensify competition.. The players operating in the market are Honeywell Aerospace, Safran. MTU Aero Engines, IAE International Aero Engines, Engine Alliance, CFM International, Pratt & Whitney, GE Aviation, and Rolls-Royce plc.

The worldwide aircraft engines market is anticipated to gain a value of US$92.3 bn by2022-end at a CAGR of 6.4%. In 2017, the market pulled in a revenue of US$67.8 bn. As far as application is concerned, the market is classified into general, military, and commercial. Out of these applications, commercial is anticipated to display a commanding revenueof US$46.0 bn by 2022-end. It could exhibit a 6.7% CAGR and rise by about US$2.5 bn every year. The different products in the global market for aircraft engines are turboprop, turbofan, and turboshaft.

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Region-wise, North America is expected to command a titanic share in revenue. By the end of 2022, this region could acquire a valuation of US$41.2 bn. Japan, will likely rise at a sluggish pace to rake in a revenue of US$5.8 bn by the end of the forecast period.

An aircraft engine is the piece of the impetus system for an aircraft used to create mechanical power. In an aircraft motor, air is attracted at the front through a gulf, packed by a fan, blended with fuel and combusted, and after that expunged as hot, quick moving fumes at the back, which propels the plane forward.

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Air Transport USM Market Analysis by Latest Trends, Growth Factors, Key Players

The report states that the global air transport USM market will exhibit a CAGR of 5.1% over the period between 2017 and 2026. Considering that the numbers hold true, the market is likely to rise to a revenue opportunity of US$7 bn by the end of 2026.

Sales of Used Serviceable Engines to Predominantly Define Future Course of Expansion for Market

Of the key varieties of USMs sold in the air transport industry, including engines, airframes, and components, the demand for engines is expected to remain higher as compared to others over the forecast period.

The report states that by the end of the report’s forecast period, nearly US$4.5 bn worth of used serviceable engines could be sold in the global market. The segment of components is also expected to witness a steady rise in demand while the segment of airframes is most likely to register a moderate expansion over the forecast period.

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From a geographical standpoint, the market in North America holds a significant share in the market and is likely to remain the most lucrative regional market over the report’s forecast period as well. The rising preference to air travel as the most convenient mode of transport in countries such as the U.S. and Canada is expected to continue to fuel the air transport USM market in North America over the forecast period. The report estimates that the North America market for air transport USM will rise to a valuation of US$2.1 bn by the end of 2026.

Rising Focus of Airlines on Trimming MRO Expenses to Help Market Pick Pace

A number of factors are expected to benefit the global air transport USM market in the next few years, including the vast rise in demand for air travel options across developed as well as developing economies. While the thriving air travel sector continues to expand at a promising pace owing to steady demand from consumers, the rising cost pressures owing to the emergence of several low-cost airlines has made it difficult for several airline companies to attain sustainable profits amid surging costs of maintenance, repairs, and operations. Thus in order to save costs in these areas as a way of tackling their brimming expenditure on MROs, air transport firms are increasingly sourcing USMs from larger airlines.

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HAZMAT Packaging Market Competitive Landscape and Forecast to 2027

Transparency Market Research delivers key insights on the HAZMAT packaging market in its published report, titled “HAZMAT Packaging Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2019–2027.” In terms of revenue, the global HAZMAT packaging market is estimated to expand at a CAGR of 5.8% during the forecast period, owing to numerous factors, about which TMR offers thorough insights and forecasts in the HAZMAT packaging market report.

HAZMAT packaging refers to the packaging of hazardous materials that are capable of posing risk to health, safety, or property when transported in commerce. HAZMAT packaging has emerged as an efficient way to protect environment from hazardous chemicals. Incidents involving HAZMAT packaging product types can involve risk of contamination, leakage, spillage fire, and explosions, which can threaten individual health and cause the breakdown or failure of equipment or processes and the performance of facilities below expected levels of capacity. So, HAZMAT packaging plays an important role in the shipment of hazardous goods.

The basic shipment description required for HAZMAT packaging consists of shipping name, hazardous material classification, identification number, and the respective packing group. Labelling & marking are the two primary constituents that play a vital role in the HAZMAT packaging market. The scope of this report is the primary packaging of HAZMAT goods. Primary HAZMAT packaging includes packaging of products through drums, flexitanks, industrial bulk containers, etc. Packaging done with corrugated boxes is a part of secondary HAZMAT packaging.

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In the report, TMR suggests that developing countries such as India & China, are estimated to register impressive growth in the HAZMAT packaging market during the forecast period. The growth is supported by the rising concerns towards the safety of goods and the growing chemical & refinery industry. Moreover, increasing production of drums in China is driving the demand for HAZMAT packaging. Research also suggests that Europe is estimated to have promising potential in the development of the HAZMAT packaging market.

Also, stringent regulations imposed by the government regarding the transportation of HAZMAT goods are driving the demand for HAZMAT packaging. Global manufacturers in the HAZMAT packaging market are opting for U.S. /DOT, IMO approved products as the fine imposed, if rules are not followed is quite high. Also, key players are expanding their production capabilities in order to outpace their competitors in the market. For instance, Hoover Ferguson Group has expanded its production capabilities and provides the highest quality standards in HAZMAT packaging as its products are DNV, BV, UN, and IMO certified.

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Latex-saturated Paper Market: Global Industry Research Report and Forecast To 2027

Transparency Market Research provides key insights on the global latex-saturated paper market in its newly published report, “Latex-saturated paper market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019-2027.” In terms of value, the global latex-saturated paper market is projected to clock a CAGR of 4.3% during 2019-2027. This is due to several factors about which, TMR provides key insights and forecast.

Key Factors Influencing the Latex-saturated Paper Market

Latex-saturated paper is widely used for promotional purposes across the globe. High durability and printable nature of latex-saturated paper enables it to be used for any promotional application. The high preference for latex-saturated paper is more prominent in trade shows and fairs where banner stands and table-top displays play a key role in consumer engagement. In today’s context, having graphics media with varying finishes, compositions, and printer capabilities is pivotal to the success of any trade show in its ability to appeal to visitors. Therefore, latex-saturated paper is one of the highly preferred solutions for brands requiring sing and banner supplies.

• There are some associated factors which can potentially hamper the growth of the latex-saturated paper market. These include the usage of alternative products such as plastic signages or digital displays. According to a survey conducted by Transparency Market Research which involved over 50 retail brands and well over 200 consumers, more than 60% of the brands accepted registering increased sales from the adoption of digital signages and promotional media.

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• Moreover, out of all the consumers surveyed, more than 80% believed that digital media was better able to create brand awareness. This could potentially cause hampered growth rates for the global latex-saturated paper market. In terms of quantity of information, digital signages are better able to spread more information per signage, which can also be seamlessly updated with a few clicks, unlike those using latex-saturated paper.
• Furthermore, latex-saturated paper is used instead of copier and office paper. Due to higher cost of latex-saturated paper, copier papers ends up being used in most workplaces.

Target Regions to Capture Latex-saturated Paper Market Growth

The Asia Pacific latex-saturated paper market is expected to represent significant revenue growth opportunity during the next eight years. Growth in packaging applications is expected to be a significant contributor to increase revenues in the Asia-Pacific latex-saturated paper market during the forecast period. Although the growth of digitalization in developing countries is in double-digits, an increase in the number of brick-and-mortar stores means more scope for the use of latex-saturated paper in posters and signages, as brands explore new ways to engage the well-informed modern consumer.

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Technology Landscape, Trends and Opportunities in the Pre-made Pouch Packaging Machines Market interpreted by a new report

Transparency Market Research provides key insights on the pre-made pouch packaging machines market, in the report titled, 'Global Pre-made Pouch Packaging Machines Market: Industry Analysis and Opportunity Assessment, 2019–2027'. In terms of value, the global pre-made pouch packaging machines market is estimated to register a CAGR of around 5% during 2019-2027, owing to various factors. In this report, TMR delivers detailed insights.

The global pre-made pouch packaging machines market is segmented into five geographies, namely North America, Latina America, Europe, Asia Pacific and MEA (Middle East & Africa).

The manufacturing sector in North America is highly concentrated or organized as compared to other geographies. This has resulted into much higher preference for automatic pre-made pouch packaging machines over semi-automatic pre-made pouch packaging machines. Moreover, more than 40,000 food and beverage processing facilities in U.S. with majority of them witnessing rise in annual revenue over the last five years has represented a high potential market for the pre-made pouch packaging machines.

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U.S. holds the most prominent impact on the North America market as the country is estimated to account for around 90% of the North America pre-made pouch packaging machines market in 2019. The demand for stand-up pouches has witnessed rapid growth across the globe, including North America. As majority of the stand-up pouches are pre-made pouches, the demand for pre-made pouch packaging machines is expected to rise exponentially during the forecast period.

The fabrication of pre-made pouch packaging machines in European countries is ominously high, while the manufacturing sector of Europe has shown slow growth over the last few years. This has laden the demand for pre-made pouch packaging machines in the region. Germany is one of the leading market in the Europe pre-made pouch packaging machines market, while Russia is projected to witness relatively higher growth in pre-made pouch packaging machines demand during the forecast period, on the backdrop of growth of food and beverage industry in the region.

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Trending Insights of Reusable Water Bottles Market 2019-2027

The demand within the global reusable water bottles market is treading along an upward trajectory in recent times. The need for fostering sustainable practices across leading industries has brought reusable water bottles under the spotlight of attention. Moreover, the energy sector has made emphatic claims about the need for using recyclable, reusable, and environment-friendly products.

The growing concerns of the energy sector about a potential environmental crisis has led them to take bold steps towards sustainability. International bodies for managing climate change and environmental damage have sent clarion calls for a change in lifestyles. All of the aforementioned factors have driven sales across the global reusable water bottles market.

Transparency Market Research (TMR), in its report, predicts that the global reusable water bottles market would expand at a steady CAGR of 4% over the period of 2019 and 2027. The steady rate of growth can be pegged to the inability of several industries to boycott the use of plastic products.

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The total value of the global reusable water bottles market is expected to touch US$ 1.1 Bn by the end of the forecast period. Growing demand for reusable water bottles in the sports sector has helped in driving sales across the market. Besides, stipulation of strict environmental policies across several countries has also aided market growth.

Use of plastic bottles is gradually running out of practice across several territories. There is growing relevance of reusable bottles and containers, especially across the residential and commercial sector. Besides, international bodies have initiated awareness campaigns about the ills of using plastic bottles. Therefore, the global reusable water bottles market has gained momentum over the past few years. The large brigade of environment activists has propagated green standards across multiple industries. This factor shall help manufacturers of reusable water bottles in increasing their profit margins in the times to follow.

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