Friday, January 31, 2025

Military Drone Market Strategies, Top Players

 The Military Drone Market size is projected to reach US$ 27.63 billion by 2031 from US$ 12.93 billion in 2023. The market is expected to register a CAGR of 10.0% in 2023–2031. Technological advancement in military drones is their capability to refuel manned vehicles in the air. This is considered as a major achievement in the era of manned-unmanned teaming operations. For instance, in September 2021, Boeing’s MQ-25 Stingray drone refueled an F-35 joint strike fighter, as a part of the testing performed by the US Navy. With this, US Navy allocated a budget of US$ 16.8 billion for the MQ-25 Stingray drones to utilize their ability to refuel F-35Cs, F/A-18s, and other carrier-operated air platforms. In addition to their popular use in ISR and warfare applications, using military drones for refueling would increase their demand in the coming years.

Get more - https://finance.yahoo.com/news/military-drone-market-size-worth-110500606.html

The procurement and deployment of technologically advanced military drones play a vital role in boosting the security of any country. A bird’s-eye view provided by drones helps in real-time monitoring and detects unwanted activities across national borders. It also helps detect or destroy the enemy or harmful incomings within the borders. Although drones may capture images, recognizing people in crowded spaces becomes challenging. Therefore, researchers and security agencies are engaged in developing an effective technology for the facial recognition of people in crowded places. According to an article published by Mantra Softech (India) Pvt. Ltd. in October 2021, the US military is working on facial recognition solutions through the “Advanced Tactical Facial Recognition at a Distance Technology” project at US Special Operations Command (SOCOM) and the “Intelligence Advanced Research Projects Activity (IARPA) Biometric Recognition and Identification” as a part of the Altitude and Range initiative. In addition, the US is engaged in bringing facial recognition technology into action to boost the efficiency of its military operations. In February 2023, RealNetworks, Inc., a provider of AI and computer vision-based products, signed a US$ 729,056 contract with US Air Force to deploy its facial recognition technology, SAFR, on small drones for special operations. Thus, the growing trend of using military drones integrated with facial recognition technology would trigger their demand in the coming years.


Tuesday, January 28, 2025

Pipe Relining Market Growth, Size, Share, Trends, Key Players Analysis

 The pipe relining market size is projected to reach US$ 12,761.26 million by 2030 from US$ 8,499.51 million in 2022. The market is expected to register a CAGR of 5.2% during 2022–2030. Growing urbanization with significant investments in infrastructure rebuilding is likely to remain a key trend in the market.

Read more - https://www.prnewswire.co.uk/news-releases/pipe-relining-market-size-worth-12-76-billion-globally-by-2030---exclusive-report-by-the-insight-partners-302358506.html

Pipe Relining Market Analysis

Several developed nations across the globe are confronting key challenges due to their ageing water infrastructure. Cities are further witnessing constant advancement and urbanization, resulting in a burgeoning necessity for the restoration of pipeline systems. Several European cities are among the oldest in the world. Thus, there is a growing concern about the aging infrastructure, smaller pipelines and unreachable water systems. The condition of underground water infrastructure, clean water supply and sewage maintenance are some of the key areas in a European infrastructure that are most financially neglected. The cities and municipalities are at major risk, and there is a need to find an immediate and cost-effective solution. Owing to the aging infrastructure of developed nations, countries are projected to spend in trenchless technology. Pipe relining is an affordable, safe, cost-efficient way to reduce public disturbances during the completion of a task; it is thus a viable option for restoring pipelines.


Aircraft MRO Market Growth, Share and Size | 2030

 

The aircraft MRO market was valued at US$ 91,158.12 million in 2022 and is projected to reach US$ 134,072.28 million by 2030; it is expected to register a CAGR of 4.9% during 2022–2030.


Read more - https://www.globenewswire.com/news-release/2025/01/27/3015386/0/en/Aircraft-MRO-Market-Skyrockets-to-134-07-Billion-by-2030-CAGR-of-4-8-Dominated-by-Tech-Giants-AAR-Barnes-Group-Inc-and-Collins-Aerospace-Delta-TechOps-The-Insight-Partners.html#:~:text=Aircraft%20MRO%20Market%20Growth%3A%20The,expected%20to%20maintain%20its%20upward

Analyst Perspective:

The global aircraft MRO market size has been segmented into five major regions: North America, Europe, Asia Pacific (APAC), the Middle East & Africa (MEA), and South America (SAM). The global air passenger traffic is increasing at a constant pace, which has forced the airlines to increase their flight movements and introduce new aircraft. Aircraft MRO activities are essential in keeping up component availability, consistency, and quality. Airline operators depend on MRO services to ensure the safety of the aircraft and enhance fuel efficiency. The aircraft MRO market has become a viable business in the aviation industry since original equipment manufacturers (OEMs) mainly focus on the development of aircraft. In most of the regions of the world, economic performance has been remarkable over the last few years, largely due to better consumer buying power, growing equity markets, and industry consolidation. In spite of Brexit and various other trade barriers, the global aircraft MRO market have remained relatively stable.


Friday, January 24, 2025

Advanced Driver Assistance Systems Market

     

[Research Report] The Advanced Driver Assistance Systems (ADAS) market is expected to grow from US$ 43,138.44 million in 2021 to US$ 183,814.84 million by 2028; it is estimated to grow at a CAGR of 25.4% from 2022 to 2028.


https://finance.yahoo.com/news/advanced-driver-assistance-systems-market-161500813.html

Analyst Perspective:

The global advanced driver assistance system market has witnessed significant growth and transformation in recent years, driven by technological advancements, increasing safety concerns, and the pursuit of enhanced driving experiences. This dynamic market segment encompasses a wide range of technologies and features to assist drivers in various ways, from improving safety to enhancing convenience and comfort.

One of the primary drivers behind the market growth is the increasing focus on safety. With road accidents continuing to pose a significant threat to public health and safety, Advanced Driver Assistance System (ADAS) have become crucial. Features such as lane-keeping assist, adaptive cruise control, and automatic emergency braking have gained widespread adoption as they help reduce the risk of accidents caused by human error. Furthermore, the proliferation of advanced Advanced Driver Assistance System (ADAS) (ADAS) is changing how consumers interact with vehicles. These systems rely on sensors, cameras, and machine learning algorithms to give drivers real-time feedback, making navigating easier. These technologies are being integrated into both luxury vehicles and mid-range and economy vehicles, expanding their reach across various consumer segments.


Monday, January 20, 2025

Heavy Commercial Vehicle Air Brake Systems Market

 The heavy commercial vehicle air brake systems market size is projected to reach US$ 42.48 billion by 2031 from US$ 21.69 billion in 2023. The market is expected to register a CAGR of 8.8% during 2023–2031. The increase in sales and production of commercial vehicles across the globe is a major factor driving the heavy commercial vehicle air brake systems market growth.

https://www.globenewswire.com/news-release/2025/1/15/3009852/0/en/Heavy-Commercial-Vehicle-Air-Brake-Systems-Market-Size-to-Hit-42-48-Billion-Globally-by-2031-Exclusive-Report-by-The-Insight-Partners.html

Heavy Commercial Vehicle Air Brake Systems Market Analysis

The sales and production of commercial vehicles are witnessing an upsurge trend owing to growing development in the industrial sectors. In the past few years, the increase in commercial vehicle production, particularly in regions such as North America, Europe, and Asia Pacific, has driven the growth of the heavy commercial vehicle air brakes market. The sales of commercial vehicles were 24,226,493 in 2022, which increased to 27,452,301 in 2023. The constantly evolving industrial and manufacturing sectors are driving the demand for heavy commercial vehicles worldwide. The production of commercial vehicles in China was 4,674,258 units in 2021, which declined to 3,184,532 units in 2022. However, the production of commercial vehicles further increased to 4,037,209 units in 2023. The growing industrialization and rising e-commerce sector are fueling the demand for commercial vehicles in China, which is having a positive impact on the production of commercial vehicles in the country. Proper application of the air brake system can help prevent accidents. Many countries, such as India and the US, mandate strict regulations on using air braking systems in all heavy commercial vehicles to boost the safety measures of commercial vehicles. In addition, Federal regulations mandate all commercial truck drivers to be qualified and certified to operate vehicles equipped with air brakes. Failure to comply with these guidelines can result in legal hazards for the driver and their employer. Thus, manufacturers of heavy commercial vehicles need to follow certain guidelines and norms and integrate advanced braking systems to clear the government regulations on heavy commercial vehicles.


Safety Helmets Market Analysis, Size, Share, Growth

  The safety helmets market size is projected to reach US$ 6,566.58 million by 2031 from US$ 4,380.54 million in 2023. The market is expected to register a CAGR of 5.2% during 2023–2031. As technological advancements help enhance safety and improve productivity, smart safety helmets will continue to remain key trends in a host of industries

Read more - https://www.globenewswire.com/news-release/2025/01/09/3006884/0/en/Safety-Helmets-Market-Size-to-Hit-6-56-Billion-Globally-by-2031-Exclusive-Report-by-The-Insight-Partners.html

Safety Helmets Market Analysis

Labor-intensive industries mandate the incorporation of proper workforce safety measures to mitigate the level of risks; if ignored, it can lead to various hazardous situations that can impact the overall project timeline and operational efficiency. Therefore, safety measures are highly emphasized to avoid any unwanted challenges related to workforce health and safety.

Growing urbanization and rising population promote the construction industry growth, which subsequently delivers a positive impact on the safety helmet market. The increasing advancements in the oil & gas sector for fueling oil production and mining excavations and the rising number of wind farms for power generation also drive the safety helmet market expansion.

Safety Helmets Market Overview

The acceptance of safety helmets has intensified over the years as a basic necessity for protecting the workforce. The industries that demand workers to operate in heights or high-risk environments are propelling the demand for safety helmets globally. Likewise, the mining and telecommunication industries invest a substantial amount in safety measures, which, in turn, accelerate the need for safety helmets. The growing government initiatives and the integration of stern regulations to incorporate high standards of workforce safety measures are other major growth drivers of the safety helmet market at the global level. The safety helmet market outlook continues to be positive as these helmets are well-positioned to serve the safety requirements of end-user industries such as construction, manufacturing, oil & gas, utilities, telecommunication, and mining.

Safety Helmets Market Analysis, Size, Share, Growth

 The safety helmets market size is projected to reach US$ 6,566.58 million by 2031 from US$ 4,380.54 million in 2023. The market is expected to register a CAGR of 5.2% during 2023–2031. As technological advancements help enhance safety and improve productivity, smart safety helmets will continue to remain key trends in a host of industries.

Read more - https://finance.yahoo.com/news/safety-helmets-market-size-hit-103700834.html

Safety Helmets Market Analysis

Labor-intensive industries mandate the incorporation of proper workforce safety measures to mitigate the level of risks; if ignored, it can lead to various hazardous situations that can impact the overall project timeline and operational efficiency. Therefore, safety measures are highly emphasized to avoid any unwanted challenges related to workforce health and safety.

Growing urbanization and rising population promote the construction industry growth, which subsequently delivers a positive impact on the safety helmet market. The increasing advancements in the oil & gas sector for fueling oil production and mining excavations and the rising number of wind farms for power generation also drive the safety helmet market expansion.

Safety Helmets Market Overview

The acceptance of safety helmets has intensified over the years as a basic necessity for protecting the workforce. The industries that demand workers to operate in heights or high-risk environments are propelling the demand for safety helmets globally. Likewise, the mining and telecommunication industries invest a substantial amount in safety measures, which, in turn, accelerate the need for safety helmets. The growing government initiatives and the integration of stern regulations to incorporate high standards of workforce safety measures are other major growth drivers of the safety helmet market at the global level. The safety helmet market outlook continues to be positive as these helmets are well-positioned to serve the safety requirements of end-user industries such as construction, manufacturing, oil & gas, utilities, telecommunication, and mining.

Friday, January 17, 2025

Robotic Welding Cell Market Overview, Growth, Trends, Analysis

 The robotic welding cell market size is projected to reach US$ 3,726.64 million by 2031 from US$ 1,511.15 million in 2023. The market is expected to register a CAGR of 11.9% during 2023–2031. The increasing adoption of Industry 4.0 technologies is likely to bring new key trends in the market in the coming years.

https://www.prnewswire.co.uk/news-releases/robotic-welding-cell-market-size-worth-3-72-bn-globally-by-2031-growing-at-11-9-cagr--exclusive-report-by-the-insight-partners-302349212.html?tc=eml_cleartime

Robotic Welding Cell Market Analysis

A robotic welding cell consists of several components that work together to weld parts. Robot welding cells provide world-class welding operations and are designed as per global standards to save operator costs and time. Pre-engineered cells are cost-efficient robotic welding cells and include only the basic essential components required for the welding processes. This basic structure of the cells can be quickly installed; it allows manufacturers to reduce cell production time and deliver the final product at the earliest. Custom cells are expensive compared to pre-engineered cells as they include unique equipment along with basic essential components. These are mainly manufactured according to the client's specific interests. Thus, the time required to manufacture and deliver a custom robotic welding cell is higher than that of a pre-engineered cell. Welding robots are widely used in the automotive industry. The demand for vehicles is increasing notably. The rising consumer expenditure is one of the factors that is driving the demand for vehicles across the globe, especially in Asian countries. As per the data published by the International Organization of Motor Vehicle Manufacturers in 2024, the overall vehicle production reached 93 million in 2023, a 12% increase from 2021 to 2023. The rise in the construction of new facilities has led to increased demand for welding robots in these new automotive facilities, ultimately driving the robotic welding cells market.


Self Erecting Tower Cranes Market Share Report by 2031

 

The self erecting tower cranes market is projected to grow from US$ 782.98 million in 2023 and expected to reach US$ 1,355.31 million by 2031. The market is expected to register a CAGR of 7.1% during 2023–2031.

Key players in the self-erecting tower cranes market are developing and adopting advanced technologies to meet the customer's requirements at construction sites. Companies are enabling telematic solutions to offer flexibility for users at remote locations. In January 2024, the Potain tower crane manufacturer launched brand-new advanced technologies based on the Evy 30-23 self-erecting crane model with a capacity of 4 tons. The range of self erecting cranes is designed with the Voice of the Customer development process. Also, the company claims that the new range complies with the European Safety Standard EN 14439 for tower cranes.

https://finance.yahoo.com/news/self-erecting-tower-cranes-market-123700188.html

Self Erecting Tower Cranes Market Analysis

The construction industry in Asia is growing at a notable growth rate. According to the Asia Development Bank Organization, Asia Pacific countries invest around US$ 1.7 trillion per year in the construction sector. The sector is growing at a rapid pace owing to increasing demand for residential construction projects and rapid infrastructure developments in the public sector. Owing to such developments, the demand for self erecting tower cranes is increasing at a notable rate.



Thursday, January 16, 2025

Electric Overhead Traveling (EOT) Cranes Market Size

 

Electric Overhead Traveling (EOT) Cranes Market research includes key company profiles like are Dafang Heavy Machine Co.,Ltd., Sumitomo Corp, Spanco, Inc., ABUS Kransysteme GmbH, Columbus McKinnon Corporation, Konecranes Plc, WHCRANE, VERLINDE SA, Gorbel Inc, American Equipment, Uesco Cranes, Safex Industries Limited, Harrington Hoists, Inc., K2 Cranes & Components Pvt. Ltd., and TAWI AB.

Water Treatment System Market Growth

 

Water Treatment System Market Size and Forecast (2021-2031), Global and Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By Filtration Process (Distillation, Ultra-violet Sterilization, Reverse Osmosis, Filtration, Ion-exchange, Others), Type (Drinking Water Treatment System, Industrial Water Treatment Systems, Wastewater Treatment Systems, Portable Water Treatment Systems, Well Water Treatment Systems), Application (Ground Water, Brackish and Sea Water Desalination, Rainwater Harvesting, Drinking Water, Others), End User (Residential, Municipal, Agriculture, Food and Beverage, Commercial, Mining and Metal, Oil and Gas, Pharmaceuticals, Others), and Geography

    Read More  https://finance.yahoo.com/news/water-treatment-system-market-size-103900800.html

    Wednesday, January 15, 2025

    Hydronic Balancing Valves Market Size to Hit $ 2.07 Billion, Globally, by 2031 | Exclusive Report by The Insight Partners

     

    The global hydronic balancing valves market is set for explosive growth, with projections indicating a surge to $ 2.07 billion by 2031. This remarkable expansion, driven by increasing demand for energy-efficient solutions, rising urbanization worldwide and growing application of hydronic balancing valves for HVAC systems in oil & gas industry.

    Safety Helmets Market Size

     US&Canada, Jan. 09, 2025 (GLOBE NEWSWIRE) -- According to a new comprehensive report from The Insight Partners, “the global Safety Helmets Market Size and Forecast (2021 - 2031), Global and Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By Material (Polyethylene, Acrylonitrile Butadiene Styrene, Polycarbonate, and Others), Industry (Construction, Manufacturing, Mining, and Others) and Geography”.

    https://www.globenewswire.com/news-release/2025/01/09/3006884/0/en/Safety-Helmets-Market-Size-to-Hit-6-56-Billion-Globally-by-2031-Exclusive-Report-by-The-Insight-Partners.html

    Safety Helmets Market research includes key company profiles like are 3M, Centurion Safety Products Ltd., Concord Helmet & Safety Product Private Limited, Polison Corporation, Honeywell International Inc., JSP Limited, Pyramex, and Schuberth.


    Monday, January 13, 2025

    Robotic Welding Cell Market

     The robotic welding cell market size is projected to reach US$ 3,726.64 million by 2031 from US$ 1,511.15 million in 2023. The market is expected to register a CAGR of 11.9% during 2023–2031. The increasing adoption of Industry 4.0 technologies is likely to bring new key trends in the market in the coming years.

    Read more - https://www.prnewswire.com/news-releases/robotic-welding-cell-market-size-worth-3-72-bn-globally-by-2031-growing-at-11-9-cagr--exclusive-report-by-the-insight-partners-302349206.html

    Robotic Welding Cell Market Analysis

    A robotic welding cell consists of several components that work together to weld parts. Robot welding cells provide world-class welding operations and are designed as per global standards to save operator costs and time. Pre-engineered cells are cost-efficient robotic welding cells and include only the basic essential components required for the welding processes. This basic structure of the cells can be quickly installed; it allows manufacturers to reduce cell production time and deliver the final product at the earliest. Custom cells are expensive compared to pre-engineered cells as they include unique equipment along with basic essential components. These are mainly manufactured according to the client's specific interests. Thus, the time required to manufacture and deliver a custom robotic welding cell is higher than that of a pre-engineered cell. Welding robots are widely used in the automotive industry. The demand for vehicles is increasing notably. The rising consumer expenditure is one of the factors that is driving the demand for vehicles across the globe, especially in Asian countries. As per the data published by the International Organization of Motor Vehicle Manufacturers in 2024, the overall vehicle production reached 93 million in 2023, a 12% increase from 2021 to 2023. The rise in the construction of new facilities has led to increased demand for welding robots in these new automotive facilities, ultimately driving the robotic welding cells market.


    Water Treatment System Market Growth, Size, Share

     The water treatment system market size is projected to reach US$ 97.55 billion by 2031 from US$ 60.17 billion in 2023. The market is expected to register a CAGR of 6.2% during 2023–2031. The development of smart cities in emerging countries is likely to remain a key trend in the market.

    Read more - https://www.globenewswire.com/news-release/2025/01/09/3006885/0/en/Water-Treatment-System-Market-Size-to-Hit-97-55-Billion-Globally-by-2031-Exclusive-Report-by-The-Insight-Partners.html

    Water Treatment System Market Analysis

    The demand for purified water in various end-use industries, such as power generation, manufacturing, pharmaceutical, and food & beverages, is growing worldwide. In these end-use industries, clean and purified water is utilized for various applications, including steam generation, dilution, and manufacturing equipment washing and cooling. This has increased the requirement for a reliable and consistent water supply in sectors such as agriculture, power generation, manufacturing, and food & beverages. The energy & power sector is one of the major end users of water. Additionally, the food & beverage sector is contributing to the rising demand for water treatment systems worldwide, as clean water is widely used for food production, food item cleaning, food processing, and preservation. Water filtration or treatment systems are also used in the manufacturing sector for removing contaminants, impurities, and other unnecessary substances from water utilized in industrial processes. Water treatment systems are crucial for enhancing product quality, meeting regulatory requirements, and equipment protection, which is anticipated to fuel the growth of the water treatment systems market in the coming years. Also, the increasing government focus on implementing sustainable alternatives in the industrial sector is boosting the application of water treatment systems.


    Flanges Market Overview, Growth, Trends, Analysis, Research Report (2021-2031)

      The flanges market size is projected to reach US$ 10,589.40 million by 2031 from US$ 7,460.20 million in 2023. The market is expected to register a CAGR of 4.5% during 2023–2031. Innovations in flange materials and the integration of advanced technologies in manufacturing is likely to remain key trend in the market.

    https://finance.yahoo.com/news/flanges-market-size-hit-10-123500940.html?guccounter=1

    Flanges Market Analysis

    Key factors fueling the growth of the flanges market include the rise in investment in oil and gas infrastructure development, reconstruction of existing onshore and offshore oil and gas rigs, and an increase in the number of enhanced oil recovery projects worldwide. In addition, rapid industrialization across developing regions and reconstruction or renovation of aged industrial infrastructure in the developed regions are anticipated to raise the demand for flanges in pipeline applications. Additionally, the increase in utilization of flanges in the rapidly growing renewable energy industry across the globe is further expected to create opportunities for the players operating in the flanges market. Furthermore, increasing focus on improving energy efficiency, advancing material technology, and integrating digital technologies in predicting flanges performance are expected to be the key trends in the flanges market globally from 2023 to 2031.


    Self Erecting Tower Cranes Market Size to Hit $ 1.35 Billion, Globally, by 2031

     

    The self erecting tower cranes market is projected to grow from US$ 782.98 million in 2023 and expected to reach US$ 1,355.31 million by 2031. The market is expected to register a CAGR of 7.1% during 2023–2031.


    Read more - 
    https://www.globenewswire.com/news-release/2025/01/09/3006989/0/en/Self-Erecting-Tower-Cranes-Market-Size-to-Hit-1-35-Billion-Globally-by-2031-Exclusive-Report-by-The-Insight-Partners.html

    Key players in the self-erecting tower cranes market are developing and adopting advanced technologies to meet the customer's requirements at construction sites. Companies are enabling telematic solutions to offer flexibility for users at remote locations. In January 2024, the Potain tower crane manufacturer launched brand-new advanced technologies based on the Evy 30-23 self-erecting crane model with a capacity of 4 tons. The range of self erecting cranes is designed with the Voice of the Customer development process. Also, the company claims that the new range complies with the European Safety Standard EN 14439 for tower cranes.

    Self Erecting Tower Cranes Market Analysis

    The construction industry in Asia is growing at a notable growth rate. According to the Asia Development Bank Organization, Asia Pacific countries invest around US$ 1.7 trillion per year in the construction sector. The sector is growing at a rapid pace owing to increasing demand for residential construction projects and rapid infrastructure developments in the public sector. Owing to such developments, the demand for self erecting tower cranes is increasing at a notable rate.


    Friday, January 10, 2025

    Flanges Market Overview, Growth, Trends, Analysis, Research Report (2021-2031)

     The flanges market size is projected to reach US$ 10,589.40 million by 2031 from US$ 7,460.20 million in 2023. The market is expected to register a CAGR of 4.5% during 2023–2031. Innovations in flange materials and the integration of advanced technologies in manufacturing is likely to remain key trend in the market.

    https://www.globenewswire.com/news-release/2025/01/09/3006988/0/en/Flanges-Market-Size-to-Hit-10-58-Billion-Globally-by-2031-Exclusive-Report-by-The-Insight-Partners.html

    Flanges Market Analysis

    Key factors fueling the growth of the flanges market include the rise in investment in oil and gas infrastructure development, reconstruction of existing onshore and offshore oil and gas rigs, and an increase in the number of enhanced oil recovery projects worldwide. In addition, rapid industrialization across developing regions and reconstruction or renovation of aged industrial infrastructure in the developed regions are anticipated to raise the demand for flanges in pipeline applications. Additionally, the increase in utilization of flanges in the rapidly growing renewable energy industry across the globe is further expected to create opportunities for the players operating in the flanges market. Furthermore, increasing focus on improving energy efficiency, advancing material technology, and integrating digital technologies in predicting flanges performance are expected to be the key trends in the flanges market globally from 2023 to 2031.