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Showing posts from November, 2020

Drones for Energy Industry Market Accrues corrosively; asserts MRFR Unleashing Industry Prognostications Up To 2023

  Drones for Energy Industry Global Market – Overview The global drones for energy industry market has witnessed a remarkable growth in the past few years and it has been anticipated that the market will grow at the rapid pace during the forecast period. Drones for energy are poised to grow at a substantial rate as the industry is investing in the services provided by an unmanned aerial vehicle, for line-of-sight applications, to observe ocean-going ships, to inspect offshore platforms and refineries, to inspect or monitor power lines, wind turbine, solar panel. These drones provides and process accurate data from the remote systems, where human access is difficult and is also a cost effective & less time consuming inspection technique compared to manual inspection. As per the study conducted by Market Research Future, the global market for drones for energy industry is likely to grow at the CAGR of around 25.53%. Drones for energy industry can be defined as, an unmanned ...

Aircraft Component MRO Market Quadruples with Extensive M&A Activities by 2023; Declares MRFR

  Aircraft Component MRO Market – Market Overview Aircraft Component MRO services are essential in ensuring smooth operation of an aircraft. The rapid aircraft fleet expansion along with the increased focus of OEMs on providing aircraft MRO, are expected to result in an increase in aircraft MRO expenses and as well as it is expected to add to the growth of the market. Moreover, growing international trade between countries have increased the frequencies of cargo planes. Thus, it is essential to conduct timely checks or repairs of airplane components to ensure efficient performance and safe air travel. Air travel in emerging countries is growing, thus increasing the demand for aircraft component MRO services. Many new aircraft component MRO service centres have been setup in numerous countries in recent years. This increases the participation of regional companies (tier-II or tier-III suppliers) in the field of aircraft component MRO. Moreover, the growing international trade be...

Airport Management Market To Progress During The Forecast Period Of 2018-2022

  Airport Management – Importance: Airport management is also popularly known as airline management. It is concerned with the management airport & airline spaces. Lately, due to the rising awareness amongst the general population, the global airport management market is gaining impetus. The aviation industry has registered remarkable success over the last four decades. It has undergone a whole lot of positive changes. Due to that even the airport investors & airport related businesses have evolved. They are making the required changes to enhance the customer’s experience while at the airport. Airport management is of great importance because airports are a potential market for the sellers. They are basically infrastructures where the vendors (sellers) can meet the users of their aviation related services. Hence, it is important for an airport to be in best condition at all times. They act as a crucial connecting link between the sellers & consumers. An airport...

High Investment in Defense and Aviation Can Trigger Robust Growth in Aircraft Engine Fuel Systems Market Share

  Overview: Aircraft segment is witnessing continuous boost since the last few decades, and it is striving for constant innovation. Aircraft engine fuel systems are experiencing several of those latest technological implementations owing to which a rapid transformation is taking place. Aircrafts are getting upgraded in the process, and the operational cost is plummeting. The global aircraft engine fuel systems market can expect a robust growth during the forecast period (2017-2023), owing to demands from aviation industry for fuel-efficient aircrafts. Market Research Future (MRFR) in their report includes drivers such as the development of lightweight fuel delivery systems and the presence of emergency fuel systems in next-generation planes that are going to take the market further ahead. In addition, composite manufactured fuel systems are gaining much traction in the industry which can take the aircraft engine fuel systems market a notch higher. However, certain aircraft co...

Airport IT Systems Market size By Application Registered To Expand AT A CAGR Of 6% During 2018-2023

  Market Overview With the advent of advanced technology, the demand for cloud-based services and management of data and electronic information with the help of IT systems has become a necessity in the aviation industry. As per the report that has been published by Market Research Future (MRFR), the Global Airport IT Systems Market Is Registered To Expand Steadily At A CAGR Of 6% During The Forecast Period Of 2018-2023 Market drivers and Restraints Increasing reliance on cloud-based services to collect6 and process large volumes of electronic information within the airport in order to ensure efficient airport operations is one of the major factors that are driving the growth of the global airport IT systems market. The dependency of passengers on smartphone-enabled solutions and e-services owing to the need for real-time information exchange and collaboration is fueling the expansion of the global airport IT systems market. The multiple benefits of airport IT systems that e...

Airport IT Systems Market By Application Registered To Expand AT A CAGR Of 6% During 2018-2023

  Market Overview With the advent of advanced technology, the demand for cloud-based services and management of data and electronic information with the help of IT systems has become a necessity in the aviation industry. As per the report that has been published by Market Research Future (MRFR), the global airport IT systems market is registered to expand steadily at a CAGR of 6% during the forecast period of 2018-2023 Market drivers and Restraints Increasing reliance on cloud-based services to collect6 and process large volumes of electronic information within the airport in order to ensure efficient airport operations is one of the major factors that are driving the growth of the global airport IT systems market. The dependency of passengers on smartphone-enabled solutions and e-services owing to the need for real-time information exchange and collaboration is fueling the expansion of the global airport IT systems market. The multiple benefits of airport IT systems that e...