Amphibious Vehicle Market - Key Opportunity, Application and Forecast to 2025

An amphibious vehicle is a mode of transportation that can travel on water as well as on land. The various amphibious vehicle commonly is use are busses, trucks, hovercrafts, aircrafts, tanks, and military vehicles among others.

The amphibious vehicles are heavily used by the military forces across the globe in order to secure the sea borders from increasing conflicts via sea. Due to this, the military forces are procuring amphibious vehicles for the surveillance and rescue purpose, which is propelling the market for amphibious vehicle market to grow in future. Moreover, the increasing water transportations and water sports activities have led the commercial amphibious manufacturers to develop technologically latest water vehicles in order to support the surging demand from the commercial sectors. This factor is impacting positively on the growth of amphibious vehicle market.

The major limitation of the amphibious vehicle market is the need for seasonal serviceability. The enhanced technology integrated in an amphibious vehicle requires time to time maintenance, which incurs high cost. Owing to this fact, the commercial sectors are limiting their procurement of amphibious vehicle, which is in turn inhibiting the market to grow in future.

Increase in defense budgets in the emerging economies in the world is acting as a growth opportunity factor for the amphibious vehicle market. Countries such as Russia, Germany, India, Japan, and Saudi Arabia among others are investing huge amounts in development of robust amphibious vehicles for military and commercial sectors in order to meet their demands.

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The amphibious vehicle market is also poised to expand in future due to increase in usage of landing crafts that can operate on land as well as water. These amphibious landing crafts are being heavily adopted by the U.S army and other major defense forces worldwide, which is propelling the growth of the market.

The amphibious vehicle market is segmented on basis of propulsion systems, application, end users and geography. The different types of propulsion systems in amphibious vehicles are water jet, track based, screw propellers and others. The track based propulsion systems are the most widely used propulsion systems in amphibious vehicle due to their benefit of moving at a faster speed on water and land. Surveillance and rescue, water sports, water transportation, and excavation constitutes the application segment of the amphibious vehicle market.

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Commercial Avionics Systems Market Regional Outlook, Competitive Strategies and Forecasts to 2027

The vendor landscape in the global commercial avionics systems market is dynamic in nature with the presence of quite a few market players, observes Transparency Market Research (TMR). The primary factor that has been driving the global commercial avionics systems market is the increasing requirement for systems that can make precise and correct calculation of real time data for the aviation industry. It has been forecasted that the overall effect of this requirement would be very high in the years to come and is expected to influence and shape the market in a specific way.

Global commercial avionics system is anticipated to become more competitive in the next few years to come. Noted market players are estimated to put more focus on technologically advanced systems and innovation. It is also expected that there will be low cost entry in the global commercial avionics system market in the next few years which is lead to the foray of a number of new entrants.

Some of the prominent names that adorn the global market for commercial avionics systems are Avidyne Corporation, GE Aviation, Panasonic Avionics Corporation, Rockwell Collins Inc., Honeywell Aerospace, Universal Avionics System Corporation, and United Technologies Corporation, Garmin Ltd amongst many others.

As per a market research report by Transparency Market Research, it has been forecasted that the global commercial avionics systems market is expected to expand at a CAGR of 3.5% over the forecast period of 2019 - 2027. Expanding at such a growth rate, it is expected that the global commercial avionics systems market will reach a market value of US$ 34.44 bn by the end of the forecast period.

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Evolution of Aviation Industry to Stimulate Market Growth

Rapid evolution of the aviation industry, especially in developed economies such as North America and Europe is another factor that is driving the global commercial avionics systems market. Substantial opportunity for development and improvement are being offered to the market players of the global commercial avionics systems.

Global commercial avionics systems market is also believed to have benefitted from various technological innovations and advancements that are taking place in the aviation industry. Technological developments such as better in-flight entertainment systems and modern glass cockpits are benefitting the global market for commercial avionics system.

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Ammunition Market Technological Innovations and Future Opportunities 2026

According to a new market report published by Transparency Market Research titled “Ammunition Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018 – 2026,” the global ammunition market is expected to reach US$ 16,468.2 Mn by 2026. The market is projected to expand at a CAGR of 3.5% during the forecast period from 2018 to 2026. According to the report, the increase in defense expenditure by emerging economies such as China, India, and Japan is expected to be the primary growth driver for the ammunition market. Asia Pacific is projected to be at the forefront of global demand, with the market in the region growing at a CAGR of 5% through 2026.

Full metal jacket segment to be the fastest growing throughout the forecast period

The global ammunition market is segmented by type into full metal jacket (FMJ) ammunition, tracer ammunition, incendiary ammunition, armor piercing ammunition, and other ammunition. The full metal jacket segment is anticipated to occupy major revenue share by 2026 owing to the increased demand from the military and other law enforcement organizations. In order to improve the penetration of the bullet, FMJ design has room for customization of the bullet which makes it among the most preferred ammunition in the market.

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Military segment to be the major revenue generating segment by 2026 due to growing security concerns

In terms of application, the ammunition market is segmented into commercial, military, and law enforcement. The military segment is expected to be the major revenue generating segment by 2026. This growth can be attributed to the increased defense spending by governments of various regions and the need to improve the versatility, agility, and capability of the armed forces. The military segment is expected to expand at a modest CAGR of 3.8% over the forecast period.

North America expected to continue to hold significant share in the overall market

North America is expected to hold highest share in the ammunition market during the forecast period and experience significant growth over the forecast period. The growth is mainly due to the presence of large number of players providing ammunition and associated products coupled with the significant increments in military budgets by the governments in the region.The Asia Pacific market is projected to grow at the highest CAGR during the forecast period due to the increasing military spending and growing demand for ammunition from countries such as China, India, and Japan.

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Modular Refinery Market - A Latest Research Report to Share Market Insights and Dynamics

• Modular refinery is a skid-mounted modular structure based crude oil processing refinery plant. Each modular structure is an essential component of crude oil refinery. It is connected to each other by means of pipelines.
• Structures or individual components of modular refineries are usually fabricated in a factory or site far from the required location in a controlled environment. This reduces costs to a larger extent and also improves efficiency of the process. Modules manufactured are transported to the required site for installation, resulting in a much quicker installation time than conventional refineries.
• Major components of modular refineries generally include modular atmospheric distillation units, modular vacuum distillation units, hydrotreater units, hydro desulfurization units, catalytic reformer units, and hydrocracker units.

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Key Drivers of Global Modular Refinery Market

• Rise in government initiatives to increase local refining capacities, especially in developing and underdeveloped countries across the globe, is expected to drive the demand for modular refineries in the near future. Governments across the globe are striving to curb import of refined products in order to reduce their fiscal deficit. Demand for refined products is rising at a rapid pace in these countries. As a result, their import and burden on economy is also increasing. These facilities enable governments either to import or produce crude oil, which can be broken down into refined products.
• Governments are investing significantly in modular refineries to increase their refining capacities in order to lower the cost and maintain continuous supply of refined products. These facilities not only ensure security of continuous supply of transportation fuels, but also enhance the power generation capacity and secure LPG supply.
• Quick installation period and lower investment costs are another key drivers of the market. Modules of these refineries are pre-built and tested before shipping to the site; therefore, their installation requires comparatively much less time than conventional on-site building approach. These refineries are much smaller in size and processing capacity; therefore, they require comparatively low capital investment than conventional refineries. These refineries can be relocated depending upon the situation and requirements.
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Commercial Printer Market Review With Forecast Research Report 2019 – 2027

• Commercial printers are ideally used in small and medium size businesses to print papers. Compared to residential printers, commercial printers provide high capacity printouts. Commercial printers enable the printing of a wide range of materials including product manuals, direct mail, catalogs, books, and transactional applications.
• A typical commercial printer has different press and binding equipment to work on various types of jobs. For large print-runs, offset printing which involves creation of print plates remains the dominant method. Therefore, in general, commercial printing has many advantages to create professional and outstanding final products catering to different end- use industries.

Key Drivers of the Global Commercial Printer Market

• Increasing number of small and medium size businesses in emerging economies is anticipated to create lucrative business opportunities for commercial printers in the next couple of years. Commercial printers have extensive application in various small and medium size businesses. Therefore, demand for commercial printers is anticipated to increase during the forecast period with the growing number of SMEs.
• Additionally, growth in the packing industry worldwide is anticipated to fuel the growth of the commercial printer market. Furthermore, the commercial printer market is majorly driven by increasing advertising needs of businesses, taken care of by advertising firms.
• Additionally, growth of e-commerce platforms have expanded the geographical presence of manufacturers worldwide. This is anticipated to augment the growth of the commercial printer market.

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Packaging opportunity for commercial printers to create new opportunity in the commercial printer market

• The ongoing digital transformation, namely electronic displacement, has created new challenges for commercial printers. Internet adoption, proliferation of connected devices, and the ability to track user behavior and data is a boon to digital communications and marketing. Commercial printer manufacturers are differentiating their products and services due to the advent of digital displacement. Most manufacturers in this industry have moved into sign and display graphics application produced on wide format equipment.

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Rotary Cultivator Market Latest Innovations, Future Scope and Market Trends

• A rotary cultivator is a basic agricultural equipment used for breaking up and tilling the soil before cultivation of crops by mounting it on a tractor. It consists of a series of blades mounted on a revolving power-driven shaft.
• The rotary cultivator is also used to remove unwanted weeds, and aerate and loosen the soil after the cultivation of crops. These are highly efficient machinery used by farmers integrated with sophisticated and advance technologies.
• The rotary cultivator is also suitable for interculture farming operations by adjusting the distance between the tines as per crop requirement. This is useful for cultivating multiple crops.
• Rising dependence on advanced agriculture machinery by farmers all over the globe has influenced the growth of rotary cultivators; this is likely to drive the growth of the rotary cultivator market during the forecast period.

Rising Dependency on Rotary Cultivators

• The agriculture sector across the globe prefers high capacity, cost effective equipment with advanced technology, which is expected to drive demand for rotary cultivators. In addition, rise in government initiatives to promote modern agricultural practices is likely to drive the rotary cultivator market. Rising labor cost along with more time and effort required in conventional farming is likely to lead to switch toward modern farming across the globe by using innovative agriculture machinery. This is influencing the growth of the rotary cultivator market across the globe.

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Rapid growth in the agriculture sector

• Agriculture is the most vital sector in emerging countries, as it plays a strategic role in the process of economic development. This is promoting new technologies and encouraging agricultural research by governments. Rising demand for agricultural goods across the globe has prompted regional bodies to opt for reliable agriculture machinery. The rotary cultivator is considered the basic implement by farmers to perform agriculture operations. Rapid growth in the use of tractors is likely to drive demand for rotary cultivators.

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Gas Detection Equipment Market Set to Record Exponential Growth by 2027

Global gas detection equipment market is expected to grow with a CAGR of 4.7% from 2019 to 2027 and expected to reach the market size of US$ 5.56 bn in 2027.

Mining, oil and gas, and constructions are some of the industries where a gas leakage can wreak havoc at the manufacturing facility. It leads into damage of workplace and can suffocate the workers to death. To reduce this risk, businesses are incorporating various safety measures that can come in handy during such emergency. However, the best protection for the workers is to have an early warning and real-time alerting solution. These solutions can notify the workers about the gas leakage, as soon as, it happens. This provides crucial time to the workers to either control and stop the leakage, or vacate the area.

These security measures are also a crucial factor responsible for the consistent growth of global gas detection equipment market.In terms of region, Asia Pacific accounted for the major share in the global gas detection equipment market. Growing industrialization in India and China is a key factor of this market growth. Furthermore, growing safety regulations, and stringent policies by the government to ensure the safety of the workers is also boosting the prominence of Asia Pacific in the global gas detection equipment market from 2019 to 2027.

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Increasing Product Adoption Rate Will Drive Gas Detection Equipment Demand

Companies are changing their safety norms to ensure the safety of their employees. This pursuit of safety is stimulating major adoption of several safety equipment. This factor is driving the adoption rate of gas detection equipment at global level. However, the demand for gas detection equipment has significantly spiked in recent years, especially in industries, where workers have to work in confined and hazardous spaces. This adoption is the major factor that is anticipated to boost the growth of global gas detection equipment market from 2019 to 2027.

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