tmr2024

[tmr2024]

Aircraft Seat Actuation Systems Market to Witness Steady Demand from Business and First Class Segments

The market is expected to grow at a steady pace driven by increasing air passenger traffic globally. Rising disposable incomes are enabling more people to opt for air travel.

Linear actuators dominate current installations as most seat adjustment functions are linear in nature. However, rotary actuators could gain share in the future as seating designs evolve.

𝐂𝐥𝐢𝐜𝐤 𝐧𝐨𝐰 𝐭𝐨 𝐞𝐱𝐩𝐥𝐨𝐫𝐞 𝐦𝐨𝐫𝐞 𝐢𝐧𝐬𝐢𝐠𝐡𝐭𝐬: https://www.transparencymarketresearch.com/aircraft-seat-actuation-systems-market.html

Business and first class segments account for a major portion of revenues due to higher unit prices and more advanced features in premium seats. Economy plus is the fastest growing segment.

Europe is the largest regional market currently due to strong presence of aircraft OEMs like Airbus. However, Asia Pacific is poised to be the new growth engine led by China and India.

Key players are focusing on developing lighter, more compact actuators with lower noise levels. There is also a push for intelligent systems with flexible designs.

M&A activity can be expected to intensify as major companies look to enhance their seating technology portfolio through acquisitions.

Adoption of electric actuation systems over hydraulic/pneumatic types will be a key trend, driven by the need for improved fuel efficiency in aircraft.

Innovation in seating ergonomics, cabin comfort systems and passenger experience technologies will likely drive further opportunities in this market.

[tmr2024]

Tunnel Lighting Market to Witness Steady Expansion during 2023 - 2031 Backed by burgeoning Tunnel Construction Projects

The global tunnel lighting market was valued at US$ 2.4 billion in 2022. Factors like rising investments in infrastructure modernization and growing construction of undersea/mountain tunnels are fueling market growth. LED lighting has emerged as the technology of choice accounting for over 60% share due to benefits like high energy efficiency.

𝐂𝐥𝐢𝐜𝐤 𝐧𝐨𝐰 𝐭𝐨 𝐞𝐱𝐩𝐥𝐨𝐫𝐞 𝐦𝐨𝐫𝐞 𝐢𝐧𝐬𝐢𝐠𝐡𝐭𝐬: https://www.transparencymarketresearch.com/tunnel-lighting-market.html

Manufacturers are focusing on developing advanced LED products with features like dimming, sensors and remote manageability. Some innovative smart lighting systems automatically adjust light levels based on real-time traffic data. This improves visibility, safety and energy savings for tunnel operators.

There is a strong focus on upgrading aging infrastructure and expanding transportation networks to support urbanization. Countries worldwide have approved construction of over 500 new tunnel projects. For example, China and India have ambitious plans to build hundreds of new road and rail tunnels by 2025. This will drive the demand for efficient tunnel lighting systems.

[tmr2024]

Commercial Drones Market Analysis 2031: Trends and Opportunities

In 2021, the global commercial drones market was valued at US$ 5.05 billion and is estimated to expand at a CAGR of 12.5% from 2021 to 2031, reaching a value of over US$ 11.30 billion by the end of 2031. Despite the negative impact of the coronavirus pandemic, strategic developments and collaborative efforts among market stakeholders are creating opportunities in the global commercial drones market. The increasing demand for commercial drones in the agriculture industry is a significant driver of market growth. Moreover, the rising presence of manufacturers operating in the global commercial drones market across the globe is expected to augment the market in the upcoming years. However, concerns about privacy due to the use of commercial drones have led to reforms in government regulations, which may hinder market growth during the forecast period.

𝐂𝐥𝐢𝐜𝐤 𝐧𝐨𝐰 𝐭𝐨 𝐞𝐱𝐩𝐥𝐨𝐫𝐞 𝐦𝐨𝐫𝐞 𝐢𝐧𝐬𝐢𝐠𝐡𝐭𝐬: https://www.transparencymarketresearch.com/commercial-drones-market.html

The rising trend of using commercial drones for capturing high-quality images and videos is a key factor driving the global commercial drones market. Commercial drones are widely adopted in several applications such as search and rescue operations, product delivery, and high-altitude mapping. The increasing awareness of the advantages of commercial drones is creating value-grab opportunities for market players. These drones can be easily controlled with a wireless remote controller and require less energy compared to large delivery vehicles. Their application in rescue missions and media coverage is also boosting market growth. Furthermore, rapid growth in commercialization and increasing government expenditures in the infrastructure sector are likely to have a significant impact on the commercial drones market during the forecast period.

The growing awareness and applications of commercial drones in various end-use industries are responsible for the rapid growth of the commercial drones market. Benefits of carrying out various activities and its usage in a wide range of applications are expected to accelerate the commercial drones market across the globe. Commercial drones are used in various sectors to help companies save money, improve safety, and improve operational efficiency. The increasing applications of commercial drones in the agriculture industry in order to provide better images and videos is driving the demand. Manufacturers of commercial drones are focusing on product innovation and developments to improve their overall share of global and regional markets. Many companies are attracting consumers by offering technologically advanced and convenient products. Manufacturers are also investing in research and development to create commercial drones with advanced artificial intelligence, which is projected to drive overall market growth during the forecast period.

According to Transparency Market Research's latest report, the growing popularity of commercial drones, rising awareness of their benefits, and their usage in a wide range of applications are expected to accelerate the commercial drones market globally. Commercial drones are being used in various sectors to help companies save money, improve safety, and increase operational efficiency. The use of drones has grown significantly across the globe, as they can be used in surveillance, aerial photography, and precision agriculture. These factors are expected to drive the demand for commercial drones worldwide during the forecast period. A significant number of companies are opting for technologically advanced and convenient products. Manufacturers are investing in research and development to create commercial drones with advanced artificial intelligence, which is expected to drive overall market growth during the forecast period.

[tmr2024]

Pet Care Market Insights: Industry Set to Flourish at 5.6% CAGR

The global pet care market is projected to flourish at a CAGR of 5.6 % from 2023 to 2031. As per the report published by TMR, a valuation of US$ 298.7 billion is anticipated for the market in 2031. In 2022, the market for pet care was valued at US$ 185.6 billion. The increased spending on pet care and well-being and increased rate of pet adoption and increased number of pet owners is the main driver for the pet care market. With the increasing adoption of pets in households’ demand for pet-related products and services is expected to increase. Easy availability of various types of pet care products in online and offline distribution channels is expected to fuel market growth in the coming years. Increasing sales of pet food, pet apparel and accessories, and pet supplements are creating opportunities for pet care products. The increasing demand for various pet accessories and wellness products, owing to the increased number of pets and increased disposable income, is expected to drive the pet care market during the forecast period. The increasing advancements in pet healthcare and veterinary medicine are likely to boost the growth of the pet care market.

𝐂𝐥𝐢𝐜𝐤 𝐧𝐨𝐰 𝐭𝐨 𝐞𝐱𝐩𝐥𝐨𝐫𝐞 𝐦𝐨𝐫𝐞 𝐢𝐧𝐬𝐢𝐠𝐡𝐭𝐬: https://www.transparencymarketresearch.com/pet-care-market.html

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[tmr2024]

Activated Carbon market revenues swelling at a yearly pace of 8.1% across the forecast horizon

The global activated carbon market for automotive applications was worth US$ 7.3 Bn in 2022 and is projected to reach US$ 18.5 Bn by 2031. As per TMR market forecast, the industry is anticipated to grow at a CAGR of 11.2% during the forecast period from 2022 to 2031. Rise in vehicle production and stringent emission norms are expected to propel the demand for activated carbon used in automotive applications.

𝐂𝐥𝐢𝐜𝐤 𝐧𝐨𝐰 𝐭𝐨 𝐞𝐱𝐩𝐥𝐨𝐫𝐞 𝐦𝐨𝐫𝐞 𝐢𝐧𝐬𝐢𝐠𝐡𝐭𝐬: https://www.transparencymarketresearch.com/activated-carbon-market.html

Leading players are focusing on developing activated carbon products optimized for cabin air filters and fuel vapor adsorption applications in vehicles. They are also investing in R&D to functionalize activated carbon materials for removal of toxic gases from automobile exhaust.