Ammunition Handling System Market worth 3.50 Billion USD by 2022

According to the new market research report "Ammunition Handling System Market by Platform (Land, Airborne, Naval), Weapon Type (Cannons, Gatling Guns, Machine Guns, Main Guns, Launchers), Feeding Mechanism (Linked, Linkless), Component, Mode of Operation, and Region - Global Forecast to 2022", The ammunition handling system market is estimated to be USD 2.30 Billion in 2017 and is projected to reach USD 3.50 Billion by 2022, at a CAGR of 8.75% from 2017 to 2022. The increasing demand for remote weapon stations, tank turrets, and naval guns from military forces worldwide and rising incidences of asymmetric warfare across the globe are key factors driving the growth of the ammunition handling system market.

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Based on platform, the land segment is projected to lead the ammunition handling system market during the forecast period

Based on platform, the land segment is expected to lead the ammunition handling system market from 2017 to 2022. Ammunition handling systems identify and locate selected ammunition rounds in a magazine, and transfer the chosen rounds to a weapon for firing. The demand for main battle tanks and armored fighting vehicles has increased across countries worldwide, thereby driving the growth of the ammunition handling system market in land platform.

Based on feeding mechanism, the linkless segment of the ammunition handling system market is expected to grow at the highest CAGR during the forecast period

Based on feeding mechanism, the ammunition handling system market has been segmented into linked and linkless. The linkless segment is projected to lead the ammunition handling system market from 2017 to 2022. The linkless ammunition feed mechanism allows loading of ammunition in weapons through conveyor systems. This mechanism also helps download the used cases and unfired rounds. The growth of the linkless segment can be attributed to the need to enhance firepower of gun systems, the increase in military modernization programs, and procurement of new military equipment.

The ammunition handling system market in the Asia Pacific region is projected to grow at the highest CAGR during the forecast period

The growth of the ammunition handling system market in the Asia Pacific region can be attributed to increased defense spending of emerging countries, such as India and China. These countries are focused on the development of advanced warfare systems for military applications.

Major players operating in the ammunition handling system market include Meggitt Defense Systems (US), General Dynamics (US), McNally Industries (US), Nobles Worldwide (US), and Curtiss-Wright (US).

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Acoustic Wave Sensor Market projected to be worth 868.3 Million USD by 2023

According to the new market research report "Acoustic Wave Sensor Market by Type (Surface Acoustic Wave, Bulk Acoustic Wave), Device (Resonator, Delay Line), Sensing Parameter (Temperature, Pressure, Humidity), Vertical (Military, Automotive, Industrial) and Geography - Global Forecast to 2023", the acoustic wave sensor market was valued at USD 422.8 Million in 2016 and is expected to reach USD 868.3 Million by 2023, at a CAGR of 10.7% between 2017 and 2023.

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The research methodology used to estimate and forecast this market begins with capturing data on key vendor revenue through secondary research such as IEEE journals, The Science Direct and Sensor Magazine, and the newsletters from the leading players. The vendor offerings have also been taken into consideration to determine the market segmentation. 

The bottom-up procedure has been employed to arrive at the overall size of the global acoustic wave sensor market from the revenue of key players. After arriving at the overall market size, the total market has been split into several segments and subsegments, which have then been verified through primary research by conducting extensive interviews with the key officials such as CEOs, VPs, directors, and executives of the companies in the acoustic wave sensor industry. The market breakdown and data triangulation procedures have been employed to complete the overall market engineering process and to arrive at the exact statistics for all segments and subsegments. The breakdown of the profiles of primaries has been depicted in the following figure.

The acoustic wave sensor ecosystem comprises manufacturers, system integrators, and distributors. The players involved in the development of acoustic wave sensor include Vectron International Inc. (US), Qualtre, Inc. (US), SENSeOR SAS (France), Sensor Technology Ltd. (US), NanoTemper Technologies GmbH (Germany), Althen GmbH Mess- und Sensortechnik (Germany), Transense Technologies plc (UK), pro-micron GmbH & Co. KG (Germany), H. Heinz Meßwiderstände GmbH (Germany), and Hawk Measurement Systems (Australia).

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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. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

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Universal Flash Storage Market projected to have growth in coming years

The universal flash storage market is valued at USD 1.65 Billion in 2017 and is estimated to grow at a CAGR of 18.3% to reach USD 4.50 Billion by 2023. This growth can be attributed to the growing demand for electronic devices with faster performance and improved responsiveness, rising adoption of high-speed data transfer technologies, and increasing demand for wearable electronics.

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The base year considered for the study is 2016, and the forecast period is between 2017 and 2023. The objective of the report is to provide a detailed analysis of the universal flash storage market by application, capacity, configuration, end use, and geography. The report provides detailed information regarding the major factors (drivers, restraints, opportunities, and challenges) influencing the growth of the universal flash storage market. The report also gives a detailed overview of the value chain pertaining to the universal flash storage market and analyzes the market trends.

The research methodology used to estimate and forecast the universal flash storage market begins by capturing data on key vendor revenues through secondary research. The secondary sources include IEEE journals, automation world magazines, manufacturing automation magazines, and leading players’ newsletters. Vendor offerings are also considered to determine the market segmentation. The bottom-up approach is employed to arrive at the overall size of the global universal flash storage market from the key players’ revenues. After arriving at the overall market size, the total market is split into several segments and subsegments. Thereafter, these are verified through primary research by conducting extensive interviews with people holding key positions in the industry, such as CEOs, VPs, directors, and executives. Market breakdown and data triangulation procedures are also employed to complete the overall market engineering process and arrive at the exact statistics for all the segments and subsegments.

North America holds the dominant position in the universal flash storage market owing to the rapid adoption of advanced technology products by the consumers, such as e-readers, drones, smartphones, tablets, wearable electronics, and AR-VR products.

Major players operating in the universal flash storage market include Arasan Chip Systems Inc. (US), Cadence Design Systems, Inc. (US), GDA Technologies Inc. (US), Micron Technology, Inc. (US), Phison Electronics Corporation, Inc. (Taiwan), Samsung Electronics Co., Ltd. (South Korea), Silicon Motion Technology Corporation (US), SK Hynix, Inc. (South Korea), Synopsys, Inc. (US), and Toshiba Corporation (Japan).

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MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

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. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

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Airborne LiDAR Market projected to have high growth in coming years

The global airborne LiDAR market was valued at USD 971.8 Million in 2016, and is expected to reach USD 2,533.7 Million by 2022 at a CAGR of 17.32% from 2017 to 2022.

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Objectives of the Study

• To define, estimate, segment, and forecast the airborne LiDAR market on the basis of solution, type, and platform
• To forecast the market size of segments with respect to various regions such as North America, Europe, Asia Pacific, and Rest of the World (RoW)
• To identify, analyze, describe, and evaluate key drivers, restraints, opportunities, and challenges impacting the growth of the airborne LiDAR market
• To identify industry trends, market trends, and technology trends currently prevailing in the Airborne LiDAR market
• To provide company profiles of key companies in the airborne LiDAR market based on their product portfolios, market shares, financial positions, and key growth strategies
• To anticipate the degree of competition in the market by identifying key market players
• To analyze opportunities in the market for stakeholders and provide a detailed competitive landscape of the market
• To track and analyze competitive developments such as contracts, agreements, acquisitions, collaborations, partnerships & joint ventures, and new product launches by key players in the airborne LiDAR market

North America is estimated to account for the largest share of the airborne LiDAR market. Countries considered for the market analysis in this region are the US and Canada. The US is the leading market for Airborne LiDAR in North America. The increasing use of LiDAR systems in mapping and surveying applications and an increasing base of LiDAR services providers are driving the growth of the airborne LiDAR market in the US. The major application areas of LiDAR sensors in the US include industrial survey, military mapping, forest management, and oceanographic surveys. In Canada, airborne LiDAR sensors are majorly used in infrastructural development activities.

To provide an in-depth understanding of the competitive landscape, the report includes profiles of some of a few leading players in the Airborne LiDAR market, namely, Saab (Sweden), Teledyne Technologies (US), Leica Geosystems (Switzerland), and FLIR Systems (US), among others. Leading players are trying to penetrate the markets in developing economies and are adopting various strategies to increase their market share.

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MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

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. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

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Aircraft Propeller System Market expected to have high growth in coming years

The aircraft propeller system market is estimated to be USD 246.6 Million in 2017 and is projected to reach USD 329.9 Million by 2022, at a CAGR of 5.99% during the forecast period from 2017 to 2022. The base year that has been considered for this study on the aircraft propeller system market is 2016 and the forecast period is from 2017 to 2022.

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Objectives of the Study:

The objectives of the study are

• To analyze the aircraft propeller system market, along with its statistics from 2017 to 2022
• To define, describe, and forecast the aircraft propeller system market and map its segments and subsegments across four major regions, namely, North America, Europe, Asia Pacific, and Rest of the World (RoW)
•  To segment the aircraft propeller system market and forecasts its size based on end-use industry, aircraft type, propeller type, and component
• To provide in-depth market intelligence regarding market dynamics and major factors such as drivers, restraints, opportunities, and industry-specific challenges influencing the growth of the aircraft propeller system market
• To analyze micromarkets with respect to individual growth trends, prospects, and their contribution to the aircraft propeller system market
• To provide detailed information on the competitive developments such as long-term supply contracts, business agreements, joint ventures, mergers, new product/technology launches & developments, and research & development activities in the aircraft propeller system market, in addition to the business and corporate strategies adopted by the key market players

Advancements in propulsion technologies and designs of propeller blades used in different types of aircraft are expected to fuel the growth of the North America aircraft propeller system market during the forecast period from 2017 to 2022. Furthermore, the Asia Pacific aircraft propeller system market is projected to grow at the highest CAGR during the forecast period. The growing demand for different types of turboprop engine aircraft for civil & commercial applications and increasing deployment of turboprop engine aircraft in the defense sector for transportation applications are additional factors influencing the growth of the Asia Pacific aircraft propeller system market.

Hartzell Propeller (US), MT-Propeller (Germany), Dowty Propellers (UK), McCauley Propeller Systems (US), Airmaster Propellers (New Zealand), FP Propeller S.r.l. (Italy), and Ratier-Figeac (France) are some of the established players in the aircraft propeller system market. These leading players offer systems, products, and services based on advanced technologies. They also provide a broad range of engineering, technical, aftermarket, refurbishment, and information services for aircraft propeller systems.

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MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

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. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

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Thermoelectric Modules Market expected to be worth 890.6 Million USD by 2023

The thermoelectric modules market is expected to grow from USD 471.0 Million in 2016 to USD 890.6 Million by 2023, at a CAGR of 9.12% during the forecast period. This report provides the market size and future growth potential of the thermoelectric modules market across different segments such as technology, type, functionality, end-use application, offering, and geography.

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The study identifies and analyzes the market dynamics such as drivers, restraints, opportunities, and industry-specific challenges in the thermoelectric modules market. Moreover, this report profiles the key players operating in the thermoelectric modules market. 

Precise temperature control and superior benefits of thermoelectric modules, improved fuel efficiency in vehicles using thermoelectric modules, and increasing awareness of green energy is expected to propel the growth of the thermoelectric modules market. The base year considered for the study is 2016, and the market size forecast is provided for the period between 2017 and 2023.

The thermoelectric modules market ecosystem includes component providers such as Romny Scientific, Inc. (US), ADV-Engineering (Russia), and GIRMET (Russia). Some of the manufactures and assembly providers are Ferrotec (Japan), Laird (UK), II-VI Marlow (US), TE Technology (US), TEC Microsystems (Germany), Crystal Ltd. (Russia), RMT Ltd. (Russia), KELK Ltd. (Japan), Kryotherm (Russia), Thermion Company (Ukraine), Thermonamic Electronics (Jiangxi, China), EVERREDtronics (China), Micropelt (Germany), Hi-Z Technology (US), Hui Mao (China), Hicooltec Electronic (China), Z-Max (Japan), Merit Technology Group (China), LG Innotek (South Korea), Align Sourcing  (US), AMS Technologies (Germany), European Thermodynamics (UK), CUI Inc. (US), Wellen Technology (China), and Advanced Thermoelectric (US). Some of the distributors in the thermoelectric modules ecosystem include Sewin Technology Co., Ltd (China), Align Sourcing (US), Jinan Retek Industries Inc. (China), Sunyon Industry Co., Ltd. (China), and TE Distributing, Inc. (US).

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MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

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. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

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Worldwide Industry Trend: Lithium Ion Battery

The lithium ion battery market is expected to be valued at USD 68.97 Billion by 2022, growing at a CAGR of 16.6% between 2016 and 2022.

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Factors that are driving the growth of the market include increase in demand for electric vehicle (EV), strict government mandates on fuel economy, growing demand for smart devices and other consumer electronics, and development toward enhancement of lithium ion batteries.

The major players involved in the lithium ion battery market are LG Chem Ltd. (South Korea), Panasonic Corporation (Japan), Samsung SDI Co., Ltd. (South Korea), BYD Co. Ltd. (China), BAK Group (China), A123 Systems, LLC. (U.S.), GS Yuasa Corporation (Japan), Hitachi, Ltd. (Japan), Johnson Controls Inc. (U.S.), Saft Groupe S.A. (France), Toshiba Corporation (Japan), and Valence Technology Inc. (U.S.).

The objective of the report is to provide a detailed analysis of the lithium ion battery on the basis of type, power capacity, industry, and geography. The report provides detailed information regarding the major factors influencing the growth of the market. The report also provides a detailed overview of the value chain in the market and analyzes the market trends with Porter’s five forces.

The research methodology used to estimate and forecast the market begins with capturing data on revenue of the key vendors through secondary research. The vendor offerings are also taken into consideration to determine the market segmentation. The bottom-up procedure has been employed to arrive at the overall size of the lithium ion battery market from the revenue of key players. After arriving at the overall market size, the total market has been split into several segments and subsegments which have been verified through primary research by conducting extensive interviews with key experts such as CEOs, VPs, directors, and executives. The market breakdown and data triangulation procedures have been employed to complete the overall market engineering process and arrive at the exact statistics for all the segments and subsegments.

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The automobile industry in Europe is strategic industry with the leanest production processes and optimized use of energy for manufacturing. Increasing market share of EV in Europe is prominently supporting the adoption of lithium ion batteries. Increasing funding from the government is supporting the adoption of lithium ion batteries in electric cars. GREENLION is a project funded by EU for manufacturing cheaper and dependable lithium ion batteries for electric cars. These are some of the factors contributing to the growth of the lithium ion battery market in Europe.

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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.

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