The global armored vehicle MRO market was valued at US$5.485 billion in 2018 and is expected to grow at a CAGR of 5.26% over the forecast period to reach a total market size of US$7.461 billion in 2024. Armored vehicles are protected by uranium or stainless-steel and equipped with robust weapons, which need proper maintenance, repair, and operations. Aging military equipment, internal and external security threats, and technological advancements are the drivers of the market. The armored personn Read more...
The Aerospace Testing market was valued at US$23.470 billion in 2018 and is expected to grow at a CAGR of 0.09% during the forecast period to reach a total market size of US$23.591 billion in 2024. Increasing number of aircraft deliveries owing to growing global travel and tourism industry is one of the major drivers of aerospace testing market. Stringent aviation regulations regarding aircraft safety across different countries is further boosting the demand for aerospace testing service, thu Read more...
NVH stands for noise, vibration, and harshness. In the industry, this term is used to locate the potential source of a noise, vibration or shake and it covers the whole range of perception of vibration from hearing to feeling. Noise can be described as the sound which is undesirable; vibration can be understood as the oscillation which can be felt as opposed to being heard; and harshness can be illustrated as the severity and discomfort one can feel followed by undesirable sound or/ and vibratio Read more...
Track Geometry Measurement System is used to measure the geometry parameters of a railway track. The system provides precise and reliable data in order to schedule short term and long-term maintenance of tracks and thus avoid train accidents. The Track Geometry Measurement System market is expected to have a significant market growth due to the presence of a number of standards and regulations in the railway industry and the increasing demand for TGMS system to comply with them. Demand for th Read more...
The U.S. automotive Selective Catalytic Reduction (SCR) systems market was valued at US$XX.XX billion in 2018 and is expected to grow at a CAGR of XX.XX% over the forecast period to reach a total market size of US$XX.XX billion by 2024. The growth of this market is being driven by stringent regulations regarding emission control in vehicles running on diesel or gasoline engines. The US Environmental Protection Agency (EPA), in accordance with the Clean Air Act, establishes stringent federal s Read more...
The global pre-shipment inspection market is projected to grow at a CAGR of XX.XX% to reach US$XX.XXX million by 2024, from US$XX.XXX million in 2018. Pre-shipment inspection services are the services conducted when to ensure that the orders pertaining to the components, equipment, and materials are in line with the given specification by the customers. Growing international trade along with improving trade relations between countries are some of the major factors driving the demand for these Read more...
Since mercury is a toxic element and is naturally present in the soil, water and air, it is necessary to detect it for environmental and safety reasons. Mercury analyzers are designed to calculate the levels of mercury. The analysis of mercury can be conducted for static and continuous environments. The demand for mercury analyzers will grow owing to the growing healthcare, food and beverage and energy and power industries worldwide. Moreover, the demand will snowball as a result of supportiv Read more...
The Mass Spectrometry market is projected to grow at a CAGR of XX.XX% to reach US$XX.XXX billion by 2023, from US$XX.XXX billion in 2017. Mass spectrometry is an analytical technique used to quantify known material and unknown compounds within the sample. Technological advancement in mass spectrometry industry and increasing investment in research and development in pharmaceutical industry is considered as the driving factor for the growth of the market. Moreover government regulation on ensurin Read more...
The fluid handling system market is projected to grow at a CAGR of XX.XX% to reach US$XX.XXX billion by 2023, from US$XX.XXX billion in 2017. The growing population and simultaneous increase in the proportion of urban population is leading to the rising demand for consumer goods, energy, and power. This is leading to the growth of the fluid handling system market as these systems are used in the production of the demanded products. Moreover, the growing trend of automating plant operation is fur Read more...
The network traffic analyzer market was valued at US$600.302 million in 2017 and is expected to grow at a CAGR of 26.05% over the forecast period to reach a total market size of US$2,408.217 million by 2023. Rapid growth of industries across the globe and increasing penetration of digitizing technologies into business processes across industries have been two of the major factors propelling the growth of this market. Rapid growth of cloud computing in many regions has been adding to huge volumes Read more...
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