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Military Vetronics Market Expected to Reach CAGR 5.7% During Forecast Year 2028

The Military Vetronics Market is expected to grow from USD 4.58 billion in 2019, at a CAGR of 5.7% during the forecast period. 

Vetronics involve the electronic components of vehicles primarily driven by defense organizations. These include various systems such as navigation systems, display systems, C3 systems, weapons control systems, vehicle protection systems, power systems, among others, used to enhance military vehicles ' fighting capacity and situational awareness. In addition, these systems are essential for enhancing land vehicle efficiency and their position in integrated channel-centered warfare activities.

The study provides a decisive view of the Military Vetronics market by segmenting the market based on product, application, and regions. All the segments have been analyzed based on present and future trends and the market is estimated from 2019 to 2027. The regional segmentation includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.

 

Military Vetronics Market: Notable Highlights

  • Raytheon Company has won $88 million contract for the upgrade and modification of sensor system software and hardware for EA-18G and F/A-18 aircraft to incorporate improvements and updates. The services to be provided include design, evaluation, development, documentation, hardware and software support and test of systems and equipment.
  1. LMT Missiles and Fire Control unit of Lockheed Martin Corp has secured $945.9 million hybrid contract to provide technical support services related to the THAAD missile system in the Kingdom of Saudi Arabia.
  2. Oshkosh Defense has won $232.7 million contract from the US Army Tank Automotive and Armaments Command to recapitalize vehicles in its family of heavy tactical vehicles fleet. As per the contract, the company will recapitalize around 407 palletized load system trucks and heavy expanded mobility tactical trucks and also manufacture nearly 601 new palletized load system trailers.
  3. BAE Systems has won two contracts of up to $575 million by the US Army for the low rate initial production of armored multi-purpose vehicles and vetronics.

Global Vetronics Market: Segmentation

 

The global vetronics market can be segmented on the basis of application, subsystem, vehicle type, and region. The application segment of the market is divided into homeland security and defense. The defense segment of the market is anticipated to dominate the market due to the rising defense expenditure around the world. The subsystem segment of the market is diversified into .vehicle protection systems, communication & navigation, c3 systems, observation and display systems, weapon control systems, power systems, and sensor & control systems. The C3 systems segment of the market is assumed to grow in the market at a higher rate due to rise in the need for lightweight and technologically advanced vetronics systems. The vehicle type segment of the market for vetronics is categorized into light protected vehicles, amphibious armored vehicles, mine resistant ambush protected, armored personnel carriers, infantry fighting vehicle, main battle tank, and others. Regionally, the global vetronics market is grouped into Asia Pacific, North America, Europe, Latin America, and the Middle East & Africa.

 

 

Key companies operating in the military vetronics market are Curtiss-Wight Corp., TE Connectivity Ltd., BAE Systems plc, General Electric Co., and Rheinmetall A.G.

 

These companies hold dominant share of the military vetronics market depicting a highly consolidated vendor landscape.

 

It is projected that APAC's military vetronics market will grow at the highest pace between 2016 and 2028, due to increased demand in emerging economies such as India and China for technologically advanced combat land vehicles. Rise in developing countries ' defense budget is one of the critical factors driving this region's vetronics market.

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What Does This Report Provide?

This report provides a detailed understanding of the global military vetronics market from qualitative and quantitative perspectives during the forecast period. The report also provides dynamic indicators with potential impact on the market during the forecast period and an in-depth analysis of the leading companies operating in the market.

 

While North America to experience waning share, Asia Pacific to display Exemplar Growth 

North America, among key regions in military vetronics market held leading revenue in 2015. The region is likely to continue to dominate until 2023. Substantial R&D for advanced vetronics systems for expanded use such as in navigation systems and communication systems accounts for lucrative growth of North America military vetronics market. However, nearing maturity of military vetronics market and growing rate of demilitarization are likely to account for waning share of this region in the coming years.

On the other hand, Asia Pacific is anticipated to experience significant growth in the military vetronics market in the forthcoming years. Surge in number of terrorist activities in countries such as India has led to ramp up of defense capabilities. This benefits the overall military vetronics market. 

 

Market Segmentation:

By Platform:

  • Tanks
  • Troop Carriers
  • UGVs
  • Amphibious Vehicles
  • Others

By System:

  • Communication & Navigation
  • Weapon
  • Power
  • Other Systems

By Fit:

  • Line-Fit
  • Retrofit

 

ABOUT US:

QMI has the most comprehensive collection of market research products and services available on the web. We deliver reports from virtually all major publications and refresh our list regularly to provide you with immediate online access to the world’s most extensive and up-to-date archive of professional insights into global markets, companies, goods, and patterns.

 

Contact:

Quince Market Insights
Ajay D. (Knowledge Partner)
Office No- A109,
Pune, Maharashtra 411028
Phone: +91 – 9850603687 / 7972869557
Email: sales@quincemarketinsights.com
Web: https://quincemarketinsights.com/

Ceramic Membrane Market is projected to reach USD 8.97 billion by 2028, growing at a CAGR of 9.8%!!

Ceramic Membrane Market to witness an outstanding growth of CAGR of 9.8% till 2028According to the latest report by Quince Market Insights, the global Ceramic Membrane Market is projected to reach USD 8.97 billion by 2028, growing at a CAGR of 9.8% during the forecast period.

 

What are Ceramic membranes and what are its applications and uses?

 

Ceramic membranes are man-made membranes consisting of inorganic materials such as alumina, zirconium oxide, silicon carbide, titanium, and certain glassy materials used to separate aggressive acids and strong solvents. Ceramic membranes have excellent thermal stability, so they can be used in high-temperature membrane activities. The ceramic membrane can be classified into a dense membrane or a porous membrane.

 

The thick ceramic layer is used for uses of gas separation, such as separating hydrogen gas from the mixture or extracting oxygen gas from the air. The porous ceramic membrane composed of crystalline and amorphous solids is used in micro or nano-filtration procedures. The quantity of applications on the ceramic market is steadily increasing and it is increasingly replacing polymer membrane due to features such as high mechanical power, high chemical stability, lower flux, long working life, and likely decreased life-cycle costs. Few drawbacks of the ceramic membrane, as opposed to polymer membrane, are high initial cost and heavyweight, often compensated by the long service life of the ceramic membrane. The important working parameters of the ceramic membrane are porosity, crystalline structure and its capacity to regenerate once the saturation threshold is reached.

 

Ceramic Membrane MarketCeramic Membrane Market

 

Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:

 

  1. TAMI Industries
  2. Pall Corporation
  3. A-tech Innovation GmbH
  4. Hyflux Ltd.
  5. Jiangsu Jiuwu Hi-Tech Co. Ltd.
  6. Veolia Water Technologies
  7. GEA Group
  8. Nanostone Water Inc.
  9. LIQTECH A/S
  10. Saint Gobain
  11. Qua Group LLC.
  12. Toray Industry Inc.

 

Highlights of Ceramic Membrane Market:

 

  • In July 2014, LiqTech International Inc. (Denmark) announced the signing of a definitive agreement to purchase the activities of Provital Solutions A / S, a Denmark-based water solutions company specializing in a combined swimming pool and spa industry filtration technology
  • In February 2017, Hyflux Ltd. (Singapore) signed a Memorandum of Understanding with the Nanyang Environmental and Water Research Institute of Nanyang Technological University to cooperate on the commercialization of innovative membrane technology.
  • In November 2017 CTI-Orelis (France) purchased CeraMem properties from Veolia Water Technologies. The transaction covers all CeraMem properties located in Boston, Massachusetts, the USA including the membrane manufacturing plant, workers, patents, and inventories.

 

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Ceramic Membrane Market dynamics according to QMI-

 

Technologically focused, the demand for ceramic membranes is segmented into microfiltration, nanofiltration, ultrafiltration, and others. During the forecast period, the Ultra-filtration segment is expected to be the largest market. Ultra-filtration technology is suitable for operations related to pressure, and for separating molecules in water. They are almost solid-free and are effective in removing bacteria, parasites, and viruses. Ultra-filtration ceramic membranes (with a pore size of around 10 nm) can be used to purify crude soybean oil from undesirable components such as free fatty acids, phospholipids, pigments, sugars, sterols, enzymes, and their metabolites for degradation. Ultra-filtration has a variety of applications for sterilization, water treatment, dairy processing, oil refining, and other applications.

 

Segmentation for better understanding of this market and its growth prospects during the forecast period, the category of waste & wastewater treatment is expected to dominate the ceramic membrane market based on the end-use industry. Ceramic membrane filtration techniques aid in a cleaner supply of drinking water by removing turbidity and impurities from well water and river systems including protozoa and bacteria. As of 2017, about 80 percent of wastewater re-enters the global environment that is neither treated more-used.

 

Due to their bio-inertness and high resistance to abrasion, ceramic membranes serve as supreme materials for many applications in pharmaceutical, chemical, and wastewater treatment. Such membranes play an important role in purifying sewage plant runoff, filtering water from swimming pools, etc. Ceramic membranes also will see significant growth in the food and beverage industry in the future.

 

ABOUT US:

 

QMI has the most comprehensive collection of market research products and services available on the web. We deliver reports from virtually all major publications and refresh our list regularly to provide you with immediate online access to the world's most extensive and up-to-date archive of professional insights into global markets, companies, goods, and patterns.

 

Contact:

 

Quince Market Insights
Ajay D. (Knowledge Partner)
Office No- A109
Pune, Maharashtra 411028
Phone: +91 - 9850603687 / 7972869557
Email: sales@quincemarketinsights.com
Web: www.quincemarketinsights.com

 

Interventional Oncology Market Is Expected To Reach Around USD XX Million By 2025

Interventional Oncology is a subspecialty field of interventional radiology that deals with the diagnosis and treatment of cancer and cancer-related problems using targeted minimally invasive procedures performed under image guidance.

 

Interventional oncology is a sub-specialty and the most promising and rapidly growing offshoot of interventional radiology. The technique involves the use of image-guiding systems to directly target solid tumors and provided the oncologists the ability to perform localized treatment that can be characterized as either arterial or ablative. Also, it is ideal for patients whose cancers are inoperable or cannot undergo chemotherapy. Owing to a growing preference for minimally invasive treatment procedures, increasing incidence of cancer, rising number of hospitals, and technological advancements in the field of the radiology-this industry has witnessed a steady growth over the past few years.

 

Global Interventional Oncology Device industry Key Players:

  1. GE Healthcare
  2. Hitachi Aloka Medical America
  3. Infraredx
  4. Boston Scientific
  5. Medtronic
  6. Silicon Valley Medical Instruments
  7. St. Jude Medical
  8. Philips Volcano

 

 

Worldwide Interventional Oncology Devices market report gives out the most excellent opportunities available in the market and efficient information with which business can achieve great success. This report also gives the details about the market drivers and market restraints that help in knowing rise or fall of the demand of particular product with respect to market conditions. The Interventional Oncology Devices report also illustrates the CAGR values for the historic year 2018, the base year 2018, and the forecast for the year 2020-2026. Research and analysis about the key developments in the ABC industry and key competitors along with their strategies included in this report guides businesses think about the advanced picture of the market place and products.

 

Global Interventional Oncology Device Market Report 2016-2025 is a comprehensive and in-depth study on the market outlook, market dynamics, competitive analysis, and the diverse strategies of leading players to survive in the global Interventional Oncology Device market. It also analyzes the market dynamics, market growth, future trends, industry development, sources of distribution, opportunities and threats, risks and barriers to entry, distributors and analysis.

 

Regional Outlook:

 

North America, Western Europe, and Asia Pacific by region are estimated to dominate the interventional oncology market during the forecast period. These regions have been market leaders for the overall healthcare sector in terms of technological developments and advanced medical treatments. Moreover, the government policies have been favorable for the growth of the healthcare infrastructure in these regions. North America and Western Europe have an established healthcare infrastructure for product innovations and early adaptations. This is expected to drive the demand for interventional oncology market during the forecast period. 

 

The US, Germany, France, UK, Canada, and Spain have been some the major markets in the region. Asia Pacific is estimated to register one of the highest CAGR for interventional oncology market during the forecast period. This region has witnessed strategic investments by global companies to cater to the growing demand in recent years. China, Japan, India, South Korea, and Australia are amongst some of the key countries for the interventional oncology market in the region. Other regions including Middle East, Eastern Europe, and the Rest of the World (South America and Africa) are estimated to be emerging markets for interventional oncology during the forecast period.

 

ABOUT US:

QMI has the most comprehensive collection of market research products and services available on the web. We deliver reports from virtually all major publications and refresh our list regularly to provide you with immediate online access to the world's most extensive and up-to-date archive of professional insights into global markets, companies, goods, and patterns.

 

Contact:

Quince Market Insights

Ajay D. (Knowledge Partner)

Office No- A109

Pune, Maharashtra 411028

Phone: +91 - 9850603687 / 7972869557

Email: sales@quincemarketinsights.com

Web: www.quincemarketinsights.com