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Showing posts from March, 2022

Aircraft Fuel Systems Market Size – USD 9.13 Billion in 2020, Market Growth – at a CAGR of 6.3%, Market Trends – Growth of the aerospace sector

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  The global  aircraft fuel systems market  size is expected to reach USD 14.95 Billion at a revenue CAGR of 6.3% in 2028, according to latest analysis by Emergen Research. Steady revenue growth of the global aircraft fuel systems market can be attributed to increasing demand for increasing fuel-efficiency of aircraft. Aircraft companies are investing effort and investments in design and development of lightweight aircraft fuel systems following the green aviation concept. Aircraft emissions are responsible for global warming and increasing air pollution levels have prompted aircraft manufacturing firms to focus on reduction of greenhouse gas emissions by decreasing fuel system weight and improving fuel efficiency. Increasing investment in lightweight aircraft fuel systems is a key factor driving global market revenue growth Aircraft fuel systems market revenue growth is fueled by increasing defense budget resulting in purchase of new fighter as well as transport and ...

Blockchain in Automotive and Aerospace and Aviation Market Share, High Demand, Future Scope, Recent Trends, Applications, Types, Products, Industry Analysis and Forecast Report 2028

  Market Size – USD 491.2 Million in 2020, Market Growth – at a CAGR of 66.5%, Market Trends – Increasing adoption of decentralized blockchain technology The Global  Blockchain in Automotive and Aerospace and Aviation Market Size  reached USD 491.2 million in 2020 and is expected to register a revenue CAGR of 66.5% during the forecast period, according to latest analysis by Emergen Research. Increasing demand for better security and privacy and need to reduce transaction costs are key factors driving market revenue growth Increasing adoption of decentralized blockchain technology is projected to drive market revenue growth to a significant extent between 2021 and 2028. In addition, high demand for better security and privacy will continue to boost market growth. Furthermore, demand for decentralized blockchain has been increasing at a rapid pace recently. Industries such as automotive and aerospace and aviation are rapidly adopting decentralized blockchain technolog...

Air-to-Air Refueling (AAR) Services Market Analysis Report, Size, Share, Growth, Applications, Technology, Types, Products and Forecasts Report 2028

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  Market Size – USD 6.16 Billion in 2020, Market Growth – at a CAGR of 9.1%, Market Trends – Increasing demand for autonomous refueling systems The global  Air-to-Air Refueling (AAR) services Market  size reached USD 6.16 Billion in 2020 and is expected to register a revenue CAGR of 9.1% during the forecast period, according to latest analysis by Emergen Research. Rising need for aerial refueling to support overseas deployments which enables fighter jets and other aircraft to cover longer distances is a key factor expected to drive demand for aerial refueling services. Rising demand for aerial refueling to support overseas deployments and increasing procurement of advanced fighter jets are some key factors driving market revenue growth Increased procurement of advanced fighter planes with newer more advanced technologies including better sensors that enable more efficient and accurate mid-air refueling has been resulting in increased demand to accomplish better surv...

Electric Vehicle Testing, Inspection, and Certification Market Recent Trends, Future Growth, Industry Analysis, Outlook, Insights, Share and Forecasts Report 2028

  Market Size – USD 682.0 Million in 2020, Market Growth – at a CAGR of 14.2%, Market Trends – High demand from European region The  Electric Vehicle (EV) Testing, Inspection, and Certification (TIC) Market  size is expected to reach USD 1,938.4 Million in 2028 and register a revenue CAGR of 14.2% over the forecast period, according to the latest report by Emergen. Increasing demand for EVs in countries across the globe and need for improvement of manufacturing standards are other factors driving need for EV testing, inspection, and certification. Increasing number of EVs and increasingly stringent regulatory standards in the automotive industry are some of the key factors driving market revenue growth Electric vehicle Testing, Inspection, and Certification (TIC) is a set of services that help to improve standards of manufacturing and quality of EVs in a specific region as per regional statutory regulatory bodies. TIC ensures safety of users, equipment, infrastructu...