Aerostructures Market worth 75.97 Billion USD by 2022

The report “Aerostructures Market by Component (Fuselage, Empennage, Flight Control Surfaces, Wings, Nose, Nacelle & Pylon), Material (Composite, Alloys, Metals), End-Use (OEM, Aftermarket), Platform (Fixed & Rotary Wing), and Region – Global Forecast to 2022″, The aerostructures market is projected to grow from USD 52.17 Billion in 2016 to USD 75.97 Billion by 2022, at a CAGR of 6.47% during the forecast period.

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Browse 94 market data tables and 87 figures spread through 177 pages and in-depth TOC on  “Aerostructures Market by Component (Fuselage, Empennage, Flight Control Surfaces, Wings, Nose, Nacelle & Pylon), Material (Composite, Alloys, Metals), End-Use (OEM, Aftermarket), Platform (Fixed & Rotary Wing), and Region – Global Forecast to 2022″
 
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Factors such as increase in outsourcing of aerostructure manufacturing by OEMs to tier 1 and tier 2 suppliers and rise in adoption of composite aerostructures by the general and commercial aviation sectors are driving the growth of the aerostructures market.

Based on material, the composites segment is projected to grow at the highest CAGR during the forecast period

Based on material, the composites segment of the aerostructures market is anticipated to grow at the highest CAGR from 2016 to 2022, owing to the increasing demand for composite aerostructures. The use of composites helps reduce the weight of the aircraft and improves fuel efficiency.

Based on component, the fuselage segment is expected to lead the aerostructures market during the forecast period

Among all components, the fuselage segment is projected to lead the aerostructures market from 2016 to 2022. Increase in aircraft deliveries is one of the most significant factors contributing to the growing demand for fuselage in the aerostructures market.

Based on end-use, the aftermarket segment is expected to grow at the highest CAGR during the forecast period

Based on end-use, the aftermarket segment of the aerostructures market is projected to witness the highest growth during the forecast period, owing to the rise in aftermarket services offered by different manufacturers of aerostructures.

Based on platform, the rotary wing segment is anticipated to grow at the highest CAGR during the forecast period

Based on platform, the rotary wing segment of the aerostructures market is projected to grow at the highest CAGR from 2016 to 2022, owing to the increasing demand for military and commercial rotary wing aircraft.

Asia-Pacific is expected to be the fastest-growing market for aerostructures during the forecast period

The aerostructures market in the Asia-Pacific region is expected to grow at the highest CAGR during the forecast period. The growth of this market is mainly attributed to increase in outsourcing of aerostructure manufacturing to aircraft component suppliers in this region, owing to low labor and production costs. This has further driven exports of aerostructures in the Asia-Pacific region, thereby contributing to the growth of the aerostructures market.

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Major players operating in the aerostructures market include UTC Aerospace Systems (U.S.), Leonardo S.p.A. (Italy), and Triumph Group, Inc. (U.S.), among others.

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Industrial PC Market worth 4.73 Billion USD by 2022

According to the new market research “Industrial PC Market by Hardware (Panel Industrial PC, Rack Mount IPC, Box IPC, Embedded Box IPC, Embedded Panel IPC and DIN Rail PC), Data Storage Media, Touchscreen Technology, Sales Channel, End-User Vertical, and Geography – Global Forecast to 2022″, the industrial PC market is expected to be valued at USD 4.73 Billion by 2022, growing at a CAGR of 6.2% between 2016 and 2022.

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Browse 70 market data tables and 83 figures spread through 176 pages and in-depth TOC on “Industrial PC Market – Global Forecast to 2022″
 
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The growth in this market can be attributed to the increasing penetration of IoT across manufacturing industries, high R&D investments by the manufacturing companies to promote the adoption of industrial PCs, rising demand for energy-efficient manufacturing operations, and growing emphasis on regulatory compliances.

“Industrial PC market for solid state data storage medium to grow at a high rate between 2016 and 2022”

Solid-state is robust data storage medium for handling shocks and vibrations in manufacturing plants. It provides high-speed data access. Apart from providing consistent and faster input/output times, solid-state data storage medium offers similar levels of endurance and data integrity as other electronic devices; hence, require lesser cooling and power than its electromechanical equivalents.

“Market for capacitive touchscreen technology-based IPCs likely to grow at a high rate in the coming years”

The market for capacitive touchscreen technology-based IPCs is likely to grow at a high rate between 2016 and 2022. This market growth can be attributed to the advantages of capacitive touchscreen technology-based IPCs over resistive touchscreen technology-based IPCs such as faster response time, higher accuracy, and no requirement for periodic calibrations, among others.

“Direct sales considered as the most preferred sales channel and likely to continue its dominance during the forecast period”

The direct sales channels offer various advantages to the industrial PC manufacturers; they cater to the customization requirements of the end-user industries and eliminate resellers’ markup and the costs and risks associated with carrying large finished goods inventories. Due to these factors, the market for direct sales channels is expected to grow at a high rate during the forecast period.

“Oil and gas industry to hold the largest share of the industrial PC market between 2016 and 2022”

The growing demand for downtime, both logistically and commercially; increasing environmental concerns such as reduction of CO2 emissions; curtailment of fossil fuels usage; and fluctuating oil prices are reshaping the production landscape of the oil and gas industry. The oil and gas companies are focusing on incorporating new technologies in their production processes to reduce costs, while maintaining ecological balance. Due to the aforementioned factors, the industrial PC market for the oil and gas is likely to grow at a significant rate during the forecast period.

“North America to dominate the industrial PC market between 2016 and 2022”

The industrial manufacturers in North America focus on adopting advanced technologies to enhance their production processes and optimize output. The growing demand for improved process flexibility and enhanced efficiency, comprehensive integration of quality and regulatory requirements, harmonized production processes for optimum supply-chain management, and constant pressure of reducing maintenance and operation costs in the discrete industries are boosting the adoption of industrial PCs in this region. Moreover, several major players are increasingly investing in the industrial PC market in North America, thereby propelling the growth of the market in this region.

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The major players operating in the industrial PC market include Advantech Co., Ltd. (Taiwan), Beckhoff Automation GmbH & Co., KG (Germany), General Electric Co. (U.S.). Kontron AG (Germany), Mitsubishi Electric Corporation (Japan), OMRON Corporation(Japan), Panasonic Corporation (Japan), Rockwell Automation, Inc. (U.S.), Schneider Electric (France), and Siemens AG (Germany).

About MarketsandMarkets

MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors.

M&M’s flagship competitive intelligence and market research platform, “RT” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

Contact:
 
Mr. Rohan
Markets and Markets
UNIT no 802, Tower no. 7, SEZ
Magarpatta city, Hadapsar
Pune, Maharashtra 411013, India
1-888-600-6441
Email: sales@marketsandmarkets.com

Industrial PC Market worth 4.73 Billion USD by 2022

According to the new market research “Industrial PC Market by Hardware (Panel Industrial PC, Rack Mount IPC, Box IPC, Embedded Box IPC, Embedded Panel IPC and DIN Rail PC), Data Storage Media, Touchscreen Technology, Sales Channel, End-User Vertical, and Geography – Global Forecast to 2022″, the industrial PC market is expected to be valued at USD 4.73 Billion by 2022, growing at a CAGR of 6.2% between 2016 and 2022.

• Download Informational PDF Brochure :-
http://www.marketsandmarkets.com/pdfdownload.asp?id=169907425
Browse 70 market data tables and 83 figures spread through 176 pages and in-depth TOC on “Industrial PC Market – Global Forecast to 2022″

http://www.marketsandmarkets.com/Market-Reports/industrial-pc-market-169907425.html
Early buyers will receive 10% customization on reports.

The growth in this market can be attributed to the increasing penetration of IoT across manufacturing industries, high R&D investments by the manufacturing companies to promote the adoption of industrial PCs, rising demand for energy-efficient manufacturing operations, and growing emphasis on regulatory compliances.

“Industrial PC market for solid state data storage medium to grow at a high rate between 2016 and 2022”

Solid-state is robust data storage medium for handling shocks and vibrations in manufacturing plants. It provides high-speed data access. Apart from providing consistent and faster input/output times, solid-state data storage medium offers similar levels of endurance and data integrity as other electronic devices; hence, require lesser cooling and power than its electromechanical equivalents.

“Market for capacitive touchscreen technology-based IPCs likely to grow at a high rate in the coming years”

The market for capacitive touchscreen technology-based IPCs is likely to grow at a high rate between 2016 and 2022. This market growth can be attributed to the advantages of capacitive touchscreen technology-based IPCs over resistive touchscreen technology-based IPCs such as faster response time, higher accuracy, and no requirement for periodic calibrations, among others.

“Direct sales considered as the most preferred sales channel and likely to continue its dominance during the forecast period”

The direct sales channels offer various advantages to the industrial PC manufacturers; they cater to the customization requirements of the end-user industries and eliminate resellers’ markup and the costs and risks associated with carrying large finished goods inventories. Due to these factors, the market for direct sales channels is expected to grow at a high rate during the forecast period.

“Oil and gas industry to hold the largest share of the industrial PC market between 2016 and 
2022”

The growing demand for downtime, both logistically and commercially; increasing environmental concerns such as reduction of CO2 emissions; curtailment of fossil fuels usage; and fluctuating oil prices are reshaping the production landscape of the oil and gas industry. The oil and gas companies are focusing on incorporating new technologies in their production processes to reduce costs, while maintaining ecological balance. Due to the aforementioned factors, the industrial PC market for the oil and gas is likely to grow at a significant rate during the forecast period.

“North America to dominate the industrial PC market between 2016 and 2022”

The industrial manufacturers in North America focus on adopting advanced technologies to enhance their production processes and optimize output. The growing demand for improved process flexibility and enhanced efficiency, comprehensive integration of quality and regulatory requirements, harmonized production processes for optimum supply-chain management, and constant pressure of reducing maintenance and operation costs in the discrete industries are boosting the adoption of industrial PCs in this region. Moreover, several major players are increasingly investing in the industrial PC market in North America, thereby propelling the growth of the market in this region.

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The major players operating in the industrial PC market include Advantech Co., Ltd. (Taiwan), Beckhoff Automation GmbH & Co., KG (Germany), General Electric Co. (U.S.). Kontron AG (Germany), Mitsubishi Electric Corporation (Japan), OMRON Corporation(Japan), Panasonic Corporation (Japan), Rockwell Automation, Inc. (U.S.), Schneider Electric (France), and Siemens AG (Germany).

About MarketsandMarkets

MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors.

M&M’s flagship competitive intelligence and market research platform, “RT” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

Contact:
Mr. Rohan
Markets and Markets
UNIT no 802, Tower no. 7, SEZ
Magarpatta city, Hadapsar
Pune, Maharashtra 411013, India
1-888-600-6441
Email: sales@marketsandmarkets.com

Real-Time Locating Systems (RTLS) worth 8.09 Billion USD Market

According to the new research report “Real-Time Locating Systems (RTLS) Market by Offering (Hardware, Software, and Service), Technology (RFID, W-Fi, UWB, BLE, Infrared), Application (Inventory & Asset – Tracking & Management), Vertical, and Geography – Global Forecast to 2022″, the market is expected to grow from USD 1.42 Billion in 2015 to USD 8.09 Billion by 2022, at a CAGR of 24.5% between 2016 and 2022. The requirement for resource utilization and workflow optimization in several industries, rising market competitiveness, increasing technological advancements, and high return on investment are the major drivers for the RTLS market.

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Browse 70 market data tables and 64 figures spread through 200 pages and in-depth TOC on “Real-Time Locating Systems (RTLS) Market – Global Forecast to 2022”
 
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Healthcare to hold the largest share of the RTLS market

Hospital operations have continuous flow (in- and out-flow) of people and equipment as a part of the workflow process. Several hospitals across the globe spend a large amount of money towards replacing lost equipment and looking after medical equipment and people both personnel and patients. These factors have led to a huge market opportunity for RTLS solutions to track and monitor assets and people to increase the efficient workflow and enhanced patient throughput. Early adoption of such solutions has driven RTLS market in the healthcare industry.

UWBBLE technology-based RTLS solution to achieve highest market growth

Ultra-wideband (UWB) and Bluetooth Low Energy (BLE)-based RTLS solutions are expected to grow at the highest rate during the forecast period. The solutions based on UWB technology have become extremely popular in many applications. The major reasons for this increasing popularity of the UWB in the RTLS market include advantages such as high precision, long battery life, high capacity, and fast update rates. The advantages of BLE technology such as low power consumption, low cost, and small size are fuelling its growth in the RTLS market.

North America to hold the major market share for RTLS market during the forecast period

North America, comprising the U.S., Canada, and Mexico, held the largest share of the RTLS market in 2015. The U.S. is a major contributor to the growth of the RTLs market in North America. The high growth of the market in North America can be attributed to the fast adoption of RTLS technology in healthcare sector, especially in the U.S. The presence of major RTLS players in U.S. is also a major factor for huge share of the RTLS market in North America. Given the large population in some of the developing economies such as India and China coupled with the thriving retail sector, the RTLS applications are expected to have many opportunities in the APAC region.

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The major players in the RTLS market are STANLEY Healthcare (U.S.), Zebra Technologies Corp. (U.S.), Ubisense Group PLC. (U.K.), IMPINJ, Inc. (U.S.), Savi Technology (U.S.), AiRISTA, LLC. (U.S.), CenTrak, Inc. (U.S.), Versus Technology, Inc. (U.S.), Identec Group AG (Liechtenstein), Redpine Signals, Inc. (U.S.), Decawave Ltd. (Ireland), Awarepoint Corp. (U.S.), and BeSpoon SAS. (France).

About MarketsandMarkets

MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors.

M&M’s flagship competitive intelligence and market research platform, “RT” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

Contact:
Mr. Rohan
Markets and Markets
UNIT no 802, Tower no. 7, SEZ
Magarpatta city, Hadapsar
Pune, Maharashtra 411013, India
1-888-600-6441
Email: sales@marketsandmarkets.com

DIY Home Automation Market worth 21.30 Billion USD by 2020

According to a new market research report “DIY Home Automation Market by Offerings (Hardware and Managed Services), by Technology, and by Geography (The Americas, Europe, APAC, and RoW) – Global Forecast to 2020″, the total DIY Home Automation market is expected to reach USD 21.30 Billion by 2020, at a CAGR of 37.9% between 2015 and 2020. Increasing desire of the consumer for convenience connectivity, safety & security and the low cost of DIY systems are the major drivers for the market.

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Browse 81 market data tables and 71 figures spread through 179 pages and in-depth TOC on “DIY Home Automation Market by Offerings (Hardware and Managed Services), by Technology, and by Geography (The Americas, Europe, APAC, and RoW) – Global Forecast to 2020”

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Affordability, consistent performance, and interoperability of the DIY systems is key for success in DIY home automation market

The DIY home automation concept helps the homeowners to convert their home into an automated
home. The DIY home automation systems do not require any professional for installation of products. DIY home automation products are designed in such a manner that they are very easy for the user to install and do not require high level of technical knowledge. The affordability, consistent performance, and interoperability of the DIY systems are key factors for success in DIY home automation market which makes it more lucrative for the end users as compared to the other systems.

Increasing desire of the consumer for convenience, connectivity, and safety & security is the major driver for the market

The major factors attributing to the growth of DIY home automation market is the increasing desire of the consumer for convenience, connectivity, and safety & security. The demand for energy efficient and green product solutions has increased due to various government initiatives to improve energy efficiency, which in the end has generated the demand of energy management and lighting control products. Security & access control products dominates the DIY home automation market with the highest market share in 2014.

The Americas expected to dominate the DIY home automation market

The Americas region is the largest contributor in DIY home automation market; followed by Europe and APAC regions. The various security control products such as smoke detectors, security cameras, and garage door sensors have a huge demand in the market in the Americas. Additionally, increasing crime rates and the increase in the number of rented houses is expected to create a huge demand for the DIY home automation products.

The DIY home automation market has been segmented on the basis of offering (Hardware and Managed Services), by Technology (Networking technologies, wireless technologies, and other protocols & standards, and by Geography (The Americas, Europe, Asia-Pacific, and RoW).
Apart from the market segmentation, the report also covers the Porter’s five forces analysis, the market’s value chain with a detailed process flow diagram, and the market dynamics such as drivers, restraints, opportunities, and challenges in the overall DIY home automation market.

The major players in the DIY home automation market covered in this report are Nest Labs, Inc. (U.S.), Smartlabs, Inc. (U.S.), Nortek, Inc. (U.S.), Ingersoll-Rand Plc. (Ireland), iSmartAlarm (U.S.), Belkin International, Inc. (U.S.), Wink (U.S.), Mi Casa Verde, Inc. (Japan), Lowe’s Iris (U.S.), iControl Networks (U.S.), and SmartThings, Inc. (U.S.) among others.

About MarketsandMarkets

MarketsandMarkets is world’s No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors.

M&M’s flagship competitive intelligence and market research platform, “RT” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

Contact:
 
Mr. Rohan
Markets and Markets
UNIT no 802, Tower no. 7, SEZ
Magarpatta city, Hadapsar
Pune, Maharashtra 411013, India
1-888-600-6441
Email: sales@marketsandmarkets.com

Industrial PC Market worth 4.73 Billion USD by 2022

According to the new market research “Industrial PC Market by Hardware (Panel Industrial PC, Rack Mount IPC, Box IPC, Embedded Box IPC, Embedded Panel IPC and DIN Rail PC), Data Storage Media, Touchscreen Technology, Sales Channel, End-User Vertical, and Geography – Global Forecast to 2022″, the industrial PC market is expected to be valued at USD 4.73 Billion by 2022, growing at a CAGR of 6.2% between 2016 and 2022.

• Get Sample Pages of Report :-
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Browse 70 market data tables and 83 figures spread through 176 pages and in-depth TOC on “Industrial PC Market – Global Forecast to 2022″
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The growth in this market can be attributed to the increasing penetration of IoT across manufacturing industries, high R&D investments by the manufacturing companies to promote the adoption of industrial PCs, rising demand for energy-efficient manufacturing operations, and growing emphasis on regulatory compliances.

“Industrial PC market for solid state data storage medium to grow at a high rate between 2016 and 2022”

Solid-state is robust data storage medium for handling shocks and vibrations in manufacturing plants. It provides high-speed data access. Apart from providing consistent and faster input/output times, solid-state data storage medium offers similar levels of endurance and data integrity as other electronic devices; hence, require lesser cooling and power than its electromechanical equivalents.

“Market for capacitive touchscreen technology-based IPCs likely to grow at a high rate in the coming years”

The market for capacitive touchscreen technology-based IPCs is likely to grow at a high rate between 2016 and 2022. This market growth can be attributed to the advantages of capacitive touchscreen technology-based IPCs over resistive touchscreen technology-based IPCs such as faster response time, higher accuracy, and no requirement for periodic calibrations, among others.

“Direct sales considered as the most preferred sales channel and likely to continue its dominance during the forecast period”

The direct sales channels offer various advantages to the industrial PC manufacturers; they cater to the customization requirements of the end-user industries and eliminate resellers’ markup and the costs and risks associated with carrying large finished goods inventories. Due to these factors, the market for direct sales channels is expected to grow at a high rate during the forecast period.

“Oil and gas industry to hold the largest share of the industrial PC market between 2016 and 2022”

The growing demand for downtime, both logistically and commercially; increasing environmental concerns such as reduction of CO2 emissions; curtailment of fossil fuels usage; and fluctuating oil prices are reshaping the production landscape of the oil and gas industry. The oil and gas companies are focusing on incorporating new technologies in their production processes to reduce costs, while maintaining ecological balance. Due to the aforementioned factors, the industrial PC market for the oil and gas is likely to grow at a significant rate during the forecast period.

“North America to dominate the industrial PC market between 2016 and 2022”

The industrial manufacturers in North America focus on adopting advanced technologies to enhance their production processes and optimize output. The growing demand for improved process flexibility and enhanced efficiency, comprehensive integration of quality and regulatory requirements, harmonized production processes for optimum supply-chain management, and constant pressure of reducing maintenance and operation costs in the discrete industries are boosting the adoption of industrial PCs in this region. Moreover, several major players are increasingly investing in the industrial PC market in North America, thereby propelling the growth of the market in this region.

• Speak to Analyst :-
http://www.marketsandmarkets.com/speaktoanalyst.asp?id=169907425

The major players operating in the industrial PC market include Advantech Co., Ltd. (Taiwan), Beckhoff Automation GmbH & Co., KG (Germany), General Electric Co. (U.S.). Kontron AG (Germany), Mitsubishi Electric Corporation (Japan), OMRON Corporation(Japan), Panasonic Corporation (Japan), Rockwell Automation, Inc. (U.S.), Schneider Electric (France), and Siemens AG (Germany).

About MarketsandMarkets
MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at
MarketsandMarkets are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors.

M&M’s flagship competitive intelligence and market research platform, “RT” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

Contact:

Mr. Rohan
Markets and Markets
UNIT no 802, Tower no. 7, SEZ
Magarpatta city, Hadapsar
Pune, Maharashtra 411013, India
1-888-600-6441
Email: sales@marketsandmarkets.com

Aerospace Bearings Market worth 11.19 Billion USD by 2022

The report “Aerospace Bearings Market by Type (Roller, Ball), Application (Landing Gear, Engine, Flight Control System, Aerostructure), Material (Stainless Steel, Fiber-Reinforced Composites, Engineered Plastics), Aircraft Type, and Region – Global Forecast to 2022″, The aerospace bearings market was valued at USD 7.88 Billion in 2016 and is projected to reach USD 11.19 Billion by 2022, at a CAGR of 6.01% during the forecast period.

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Browse 65 market data tables and 79 figures spread through 172 pages and in-depth TOC on “Aerospace Bearings Market – Global Forecast to 2022″

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The increasing demand for aerospace bearings from commercial and defense aviation sectors, technological innovations that have created a demand for high performance aerospace bearings to operate in demanding environments, and increasing number of aircraft deliveries are the major factors driving the aerospace bearings market.

“The engine application segment is expected to lead the aerospace bearings market during the forecast period”

Based on application, the aerospace bearings market has been segmented into engine, landing gear, flight control system, aerostructure, and others. Bearings are extensively used in engines. With rise in air travel, the demand for aircraft is also expected to grow, thereby propelling the demand for bearings to be used in aircraft engines.

“Based on type, the roller segment is projected to grow at the highest CAGR during the forecast period”

Based on type, the aerospace bearings market has been segmented into roller, ball, and others. The roller segment of the aerospace bearings market is projected to grow at the highest CAGR during the forecast period. This can be attributed to the application of roller bearings in maximum parts of an aircraft, which will be supported by an increased demand for aircraft in the future.

“Based on material, the fiber-reinforced composites segment is projected to grow at the highest CAGR during the forecast period”

Based on material, the aerospace bearings market has been segmented into metal-backed, fiber-reinforced composites, engineered plastics, aluminum alloys, stainless steel, and others. The fiber-reinforced composites segment is projected to grow at the highest CAGR during the forecast period. Fiber-reinforced composites have greater load carrying and self-lubricating capacity resulting in increased reliability of bearings under harsh conditions, thus leading to its higher demand.

“North America to lead the aerospace bearings market during the forecast period”

The aerospace bearings market in Asia-Pacific is projected to grow at the highest CAGR during the forecast period. Rapid growth of the Asia-Pacific aerospace bearings market can be attributed to increasing air passenger traffic in emerging economies in the region. Aircraft manufacturers in countries such as Russia, Japan, and China are entering the global market with modernized and high-tech aircraft, thus fueling the aerospace bearings market in the region.

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Major players in this market are SKF Group (Sweden), The Timken Company (U.S.), GGB Bearings Technology (U.S.), JTEKT Corporation (Japan), and RBC Bearings Inc. (U.S.), among others.
The report segments and analyzes the aerospace bearings market on the basis of application (engine, landing gear, flight control system, aerostructure, and others), type (roller, ball, and others), material (metal-backed, fiber-reinforced composites, engineered plastics, aluminum alloys, stainless steel, and others), aircraft type (narrow body aircraft, business jet, wide body aircraft, fighter jet, helicopter, regional transport aircraft, very large aircraft, and others), and maps these segments and subsegments across major regions of the world, namely, North America, Europe, Asia-Pacific, and the Rest of the World (comprising Latin America, Middle East, and Africa).

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