Wednesday, 11 March 2020

Aircraft Leasing Market 2020 Huge Demand & Future Scope Including Top Players by 2026

New York City, 11 March 2020 : The global aircraft leasing market size is anticipated to reach over USD 453.2 billion by 2026 grow at 6.8% during the forecast period according to a new research published by Polaris Market Research. The report ‘Aircraft Leasing Market Share, Size, Trends, & Industry Analysis Report [By Lease Type (Dry Lease, Wet Lease) By Aircraft Type (Wide Body Aircraft, Narrow Body Aircraft) By Region]: Market Size & Forecast, 2020 – 2026’ provides a comprehensive analysis of present market insights and future market trends.
The increased air travel rate is fuming the demand for aircrafts, leading to a huge traction in the aircraft leasing market. Aircraft are leased for a substantial fee depending upon the type of lease, dry or wet. In dry leasing, the lessor offers the aircraft without crew members while in wet leasing aircrafts are offered along with trained crew, maintenance and insurance.
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The demand for aircraft leasing has increased owing to increasing air traffic, and rising regulations. The growth in global aviation industry and increasing need for efficient aircrafts has resulted in the market growth. The rising demand for fuel-efficient commercial aircraft, attractive tax policies, and affordable lease rates further increase the adoption if aircraft leasing. Growing demand from emerging economies, and technological advancements are factors expected to provide numerous growth opportunities in the aircraft leasing industry during the forecast period.
The report provides an extensive qualitative and quantitative analysis of the market trends and growth prospects of the Global Aircraft Leasing Market, 2020-2026. This report comprises a detailed geographic distribution of the market across North America, Europe, Asia-Pacific, Latin America, and MEA. North America is further segmented into U.S., Canada, and Mexico. Europe is divided into Germany, UK, Italy, France, and Rest of Europe. Asia-Pacific is bifurcated into China, India, Japan, and Rest of Asia-Pacific.
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Europe generated the highest revenue in the aircraft leasing industry in 2019 owing to high disposable income and living standards in the region. Development of new aircrafts, increase in air traffic, operation of efficient commercial aircrafts, and technological advancements has resulted in increasing adoption of aircraft leasing in the region.
Competitive Landscape and Key Vendors
The global aircraft leasing industry is characterized by the presence of well-diversified international and small and medium-sized vendors. These companies launch new products and collaborate with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers.
The leading companies profiled in the report include Aviation Capital Group, Boeing Capital Corporation, Air Lease Corporation, International Lease Finance Corporation, BOC Aviation, SAAB Aircraft Leasing, AerCap, GE Capital Aviation Services, CIT Aerospace, Inc., and BBAM LLC.
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Monday, 9 March 2020

Agriculture Analytics Market size is expected to reach USD 1,991.6 million by 2026


New York City, 09 March 2020 : The global agriculture analytics market size is expected to reach USD 1,991.6 million by 2026 according to a new study by Polaris Market Research. gives a detailed insight into current market dynamics and provides analysis on future market growth.

The primary growth driver for the farm analytics sector is government projects to implement modern agricultural techniques. Increasing pressure to satisfy the increasing global demand for food in combination with the need to enhance farm productivity also contributes to the application of agricultural analytics and the growth of the agricultural analytics sector. Agricultural digitization is anticipated to assist feed the increasing population. It is anticipated that the global population will rise by about 40% and reach 9.6 million by 2050. Therefore, to satisfy the increasing demand for food, the general food production requires to double. The present production rate, process, and distribution technique would not be adequate to feed the increasing population; therefore, it is anticipated that the implementation of fresh and advanced technology at different stages of farming will become essential to satisfy the increasing demand.


Implementing analytics in farming and agricultural operations helps farmers evaluate all real-time information such as moisture, soil, crop, weather, and more. It also allows for an organized plan for the post-harvest operations of farm manufacturing. Accentuating government and regulatory bodies for the implementation of contemporary techniques in agriculture and agriculture such as the use of analytics, artificial intelligence among farmers has led in a favorable development of the market in agricultural analytics. Because of the enormous capital needed to implement sophisticated agricultural technology, the development of the agricultural analytics industry could be hampered. Nevertheless, technological improvements, sophisticated infrastructure and the use of high-end farm equipment enable farm investors to take measures towards the farming sector, which is expected to increase the development of the market for agricultural analytics in the foreseeable years.

Large farms held the largest market share in the global market in 2019. Because of the affordability and high economies of scale, the implementation of agricultural analytics solution in big farms is greater than that of small and medium-sized farms.


The increasingly competitive landscape and the need to satisfy worldwide food demands inspire them to turn to the solution and services of agricultural analytics to improve the use of resources for better manufacturing. Large farm size carries out high-level company activities that produce big amounts of data. Providers of agricultural analytics services assist big farms manage and use the information efficiently for maximum production.

Over the forecast period, North America is anticipated to dominate the global market for agricultural. This development is due to the increasing implementation of sophisticated farming machinery and is probable to stimulate the development of the worldwide agricultural analytics industry. However, Asia Pacific is anticipated to give the agricultural analytics market numerous favorable avenues for development.


Accenture, Agribotix, Agrivi, Agvue Technologies, Awhere, Conservis Corporation, Deere & Company, Delaval, DTN, Farmers Business Network, Farmers Edge, Geosys, Granular, Gro Intelligence, IBM, Iteris, Monsanto Company, Oracle, Precisionhawk, Proagrica, Resson, SAP, Stesalit, Taranis, and Trimble are some of the players operating in the global market. These businesses are also attempting to enter into strategic alliances, company expansions, mergers and acquisitions, and advances in product / service.

About Polaris Market Research
Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for our clientele spread across different enterprises.

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Delivery Drone Market Share Emerging Technology, Opportunities, Analysis & Future Threats

New York City, 09 March 2020 : The global delivery drone market size is expected to reach USD 494.5 million by 2026 according to a new study by Polaris Market Research. Report gives a detailed insight into current market dynamics and provides analysis on future market growth.
Delivery drones are one of the types of unmanned aerial vehicles which can be operated remotely or autonomously and provides advantages such as delivery or distribution of packages during last mile delivery for commercial logistics or transportation industry. Also, the logistics & transportation vendors are taking sheer interests for adopting drone technologies in order to provide their services efficiently at rural & urban areas wherein, transportation vehicles have difficulty to reach at remote locations due to bad condition of roadways. For instance, according to Statistics Bureau, China had over 589 million of population living in the remote areas in 2017. Increasing adoption of drone technologies by growing e-commerce sector vendors is one of the major factors aiding the growth of delivery drones in China.


Delivery drones provides several advantages such as lower transportation costs, reduces delivery time by cutting down traffic, higher operational efficiency, lowers accidents, and lowers gas emissions. Moreover, the growth of the market is majorly attributed to rapidly growing drone industry throughout the world. For instance, according to Polaris Market Research analysis, in 2016, the drone units were pegged over 2.2 million units globally and continuously increasing owing to increasing production and adoption of drone technologies by different end use verticals such as military & aerospace and healthcare industries.

Companies such as Airbus SE, CyPhy Works, DJI Technology Co. Ltd., Drone America, JD.com, Matternet, SKYCART Inc., The Boeing Company, and Zipline are some of the key players operating in this market. 

Furthermore, increasing adoption of drone technologies by quick service restaurant chains and healthcare vendors is another major factor aiding the growth of market. For instance, in 2016, Timbre (a Singapore based one of the largest restaurant chains) planned and tested 8 drones developed by Infinium Robotics (a Singapore based company) for serving in restaurants. Moreover in 2018, Zomato (an India-based restaurant search & discovery service company) acquired TechEagle Innovations Pvt Ltd. in order to offer drone-based food delivery services in India which is expected to create a good opportunity for drone manufacturers in the region during the forecast period.


However, there are still some regulations in the country which limits the usage of drones in India for commercial purposes such as goods delivery. In addition, stringent regulations by the Federal Aviation Administration (FAA) & logistical challenges are restraining the growth of delivery drones across the world. Also, poor infrastructure and complex terrain are expected to be other restraining factors for delivery drone industry.

Among drone type, rotary blade is expected to be the largest market for delivery drones in 2019, owing to its ease of use such as vertical take-off & landing features and also it is expected to retain its dominance during the forecast period of 2020-2026 as well. Hybrid drones are expected to be the fastest growing drone type during the forecast period, owing to advanced features such as higher payload capacity, longer flight time, and increased range up to 4-5 times of the normal delivery drones which generally have the travelling range of around 10-20 miles.


Among regions, North America is expected to be the largest market for delivery drones in 2018 and is expected to be the largest market during the forecast period as well. The growth of this region is majorly attributed to increasing production of drones and increasing adoption of drones for different commercial applications in the region. Also, in 2015, the FAA granted new exemptions for the QSR or logistics companies to operate drones in the United States which is expected to drive the market for delivery drones during the forecast period. 
About Polaris Market Research
Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for our clientele spread across different enterprises.
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Phone: 1–646–568–9980
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Aerial Refueling Systems Market Outlook, Strategies, Challenges, Geography Trends and forecast 2026

New York City, 09 March 2020:  The global aerial refueling systems market size is expected to reach USD 719.8 million by 2026 according to a new study by Polaris Market Research. Report gives a detailed insight into current market dynamics and provides analysis on future market growth
The aerial refueling systems have evolved over the time and continuous enhancements in technology is perceiving the growth in applications of these systems over the course of time leading to a well-established market in the future. continuous improvements are taking place in the aerial refueling systems to manufacture advanced systems with high-level precision and reliability. Air-to-air refilling has always been a key enabling factor for air military power as these systems are supporting the combat aircraft and enhancing the capabilities of these aircraft during wartime and other missions. Today’s defense air forces are majorly dependent on air-to-air refilling systems, but on the other hand, aerial refilling for commercial aircraft still seems to be a challenging task. Although, the aviation industry is looking forward to introducing aerial replenishing for long distance flights, the experts and engineers are still pondering upon the successful execution process to accomplish air-to-air refueling for commercial aircraft.


Companies such as Airbus SE, Cobham plc, Draken Internationnal, Eaton Corporation, GE Aviation, Marshall Aerospace & Defence Group, Parker Hannifin Corporation, Safran, and Zodiac Aerospace are some of the key players operating in this market. 

Increasing military expenditure, growing tanker aircraft deliveries, emergence of multi-role tanker aircraft, increasing tanker aircraft fleet globally, and rising demand of long-run military aircraft for special purpose missions are some of the major factors aiding growth of market. The demand for air-to-air replenishing tanker is highly dependent upon military expenditure and thereby impacting the market for aerial refueling systems. Some of the countries in Asia Pacific region such as China, India, South Korea, & Saudi Arabia have already been increasing their military expenditure for acquisition of advanced weapon systems and aircraft. Also, the U.S. is largest country which spends highest in their defense budget globally. For instance, in 2016, the global military expenditure was estimated to be around US$ 1,695 million in which the U.S. accounted for more than 35% of share. Also, the U.S. accounts for largest fleet of military aircraft in the world which in turn drives the demand for air-to-air refilling systems globally.


Among aircraft type, combat & tanker aircraft was estimated to be the largest segment for air-to-air refueling systems in 2019, owing to high need for aerial refueling systems for covering a long-distance defense mission. Moreover, rising tensions in the world are compelling both the developed and developing economies to prepare themselves by having an advanced fleet of air-to-air fueling tankers to fuel their combat aircraft for covering a longer distance for successfully accomplishing the defense missions.

Among end user, OE was estimated to be largest segment in 2019 and is expected to retain its dominance during the forecast period as well. This is owing to increasing purchase and deployment of combat & tanker aircraft along with refilling systems by military forces of different countries. Moreover, continuous replacements of old generation tankers & combat aircraft with the new ones is another major factor aiding in the growth for aerial refilling systems globally. For instance, currently the USA has 550 KC-135 tanker aircraft as their fleet to which the government has decided to replace it with 179 Boeing’s KC-46 tankers by 2027 which in turn will drive the market for OE segment in the near future and thereby impacting the market positively. In addition, according to Polaris Market Research analysis, OE is also expected to be the fastest growing end user segment in the global market during the forecast period of 2020-2026.


Among region, North America was estimated to be the largest segment in 2019 and is also expected to be remain the largest during the forecast period as well. The U.S. is growth engine of this region because of its largest military aircraft fleet and continuous upgradations & replacements of aircraft systems. Moreover, the U.S. is also the largest country comprising of highest market share for aerial refueling systems among all other countries in the world owing to its highest military expenditure and its existing fleet of military aircraft. 
About Polaris Market Research
Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for our clientele spread across different enterprises.
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Acetone Market Outlook, Strategies, Challenges, Geography Trends & Growth, Applications and Forecast

New York City, 09 March 2020: The global Acetone market size is expected to reach USD 6.19 billion by 2026 according to a new study by Polaris Market Research. The report gives a detailed insight into current market dynamics and provides analysis on future industry growth.

The market is projected to witness a growth over the forecast period. There has been a significant growth in the demand for acetone from pharmaceutical, automotive, and construction sectors over the years. Growing awareness regarding personal care, increasing demand for solvents, application in varied industries, and rising disposable income are some factors boosting the market growth. It is also used as an organic and non-toxic alternative for containing oil spills by dissolving sludge and eliminating it from the surface of water or marine plants.


With increasing investments in the global Acetone industry, companies, manufacturers, private organizations are collaborating to expand and cater to wider applications. In August 2019, ALTIVIA Petrochemicals completed the acquisition of Dow’s Acetone Derivatives Business and associated chemical manufacturing assets in United States. The acquisition is expected to assist ALTIVIA in increased production of Ketones and Carbinols, and strengthen its position in the coatings, adhesive and pharmaceutical industries. The addition would expand its acetone production and increase its geographic penetration.

The applications of acetone include Bisphenol A, Methyl Methacrylate (MMA), Solvents, Methyl Isobutyl Ketone, and others. The solvents segmented accounted for the highest share in 2019. The growth in the personal care industry is expected to drive the market during the forecast period owing to wide applications. Acetone is a major component in a wide range of personal care products, such as cosmetics, cosmetic creams, fragrances, and hair dyes, among others. Growing hygiene and wellness concerns, especially among the youth, coupled with growth of e-commerce platforms are factors expected to provide numerous growth opportunities in the coming years


Asia Pacific emerged as the largest market in 2019 and is expected to maintain its dominance over the forecast period. Population growth, rising disposable incomes, and growing demand for personal care products drives the growth in the region. Rising industrialization, growth in the automotive sector, and strengthening pharmaceutical industry also supports market growth in this region. Increasing applications in agriculture, construction, and automotive further increases the demand of acetone in Asia-Pacific. Global players are expanding their presence and setting manufacturing units in this region owing to availability of infrastructure and labor.

The industry is characterized by established companies and large giants. Owing to technological advancements, and larger applications companies collaborating in order to retain the customers and gain market share. Broadening of product portfolio is another trend that is visible in the industry. Some of the major market participants include Hindustan Organic Chemicals Limited, Royal Dutch Shell PLC, Formosa Chemicals and Fiber Corporation, INEOS Phenol, Honeywell International Inc., BASF SE, Green Biologics Limited, Prasol Chemicals Pvt. Ltd., Borealis AG, Altivia, Reliance Industries Limited, Mitsui Chemicals Inc, LyondellBasell Industries Inc., and DOMO Chemicals GmbH.


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Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for our clientele spread across different enterprises.

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Aircraft Fairings Market Growth, Service, Size and Share and Forecasts 2026


New York City, 09 March 2020: The global aircraft fairings market size is expected to reach USD 1,713.1 million by 2026 according to a new study by Polaris Market Research. An aircraft fairing is an essential structure which manages and the flow of the airplane body in different directions and axes with reducing the various types of drags such as wave drag, interference drag, parasitic drag, engine cooling- drag and other types of drag. The implementation and functional characteristics play a critical role in design, certification and operational aspects of all narrow-body, wide-body, very large, regional and general aviation. These structures directly affect the performance of an airliner as compared to any other old generation airplane without these structures. In other words, airplane fairings are the smooth structures for reducing the air drag between the joints such as wings & fuselage and engine & wings during the flight.


Fairings are an essential feature of all airplanes as it reduces the drag at most of the areas of airplane body, reduces the roughness of the body surface, increases the smoothness by covering the gaps between the joints of structures, provides an external outline to the aerodynamic structure of the airliner and increases the speed and its efficiency. The complexity of aerospace fairings depends on several parameters including the type of jet, design, fairing application areas, and number of fairings. For instance, General aviation airliners have lesser complex fairings, whereas long haul/commercial jets usually have more complex fairings addressing the aircraft’s application requirements.

According to Polaris market Research, the global market for airplane fairings has less than 90 players throughout the world, wherein top 5 major players accounted for a market share of more than 50% in 2019. Companies such as Composite Technology Research Malaysia (CTRM Aerocomposites Sdn Bhd), FACC AG, Finmeccanica-Alenia Aermacchi S.p.A., KAMAN CORPORATION, Korean Air Aerospace Division, Malibu Aerospace LLC, Royal Engineered Composites, ShinMaywa Industries Ltd., Spirit AeroSystems Inc., Strata Manufacturing (a Mubadala Investment Company), Triumph Group, Collins Aerospace (UTC Aerospace Systems) are some of the key players operating in this market. 

Rise in global airplanes fleet size, rising demand to streamline aerodynamic structure of jets to boost speed & accuracy, growing global commercial aircraft & general aviation deliveries, introduction of new generation carriers and increasing trend of lightweight components in order to reduce overall weight & increase the fuel efficiency by reducing operational costs, are some of the major factors acting as key drivers of this market.


Among aircraft type, wide-body airplane was estimated to be the largest sub-segment in 2019 and is expected to be the largest during the forecast period as well followed by narrow-body aircraft and very large aircraft sub-segments. This is owing to increasing production and rising demand of wide-body airliner such as A320, B787, B737 and others. Moreover, Airbus anticipated that approximately 34,900 commercial airplanes (narrow-body, wide-body, and very large) will be delivered during 2017 to 2036. A320 family, B737, B787, and A350XWB would remain the growth engines for the commercial airplane segment.

Among material type, composites accounted for the largest share in 2019 and is expected to be the largest segment during the forecast period as well. Also, composites are expected to be the fastest growing material type for airplane fairings during the forecast period owing to increasing demand of lightweight components for airplane structures along with long endurance and less maintenance.

Among manufacturing process type, prepreg layup process was estimated to be the largest sub-segment in 2019 and is projected to be most dominant during the forecast period as well. Also, its is expected to be the fastest growing manufacturing process type for aircraft fairings during the forecast period as well owing to its higher suitability for the composite fabrication and highly preferred method for complex structure for fairings parts. Higher preference towards the prepreg layup by the commercial, general aviation and regional airplane OEMs; increasing production rates of commercial jets, such as B787, A350XWB, and B737; upcoming or the new variants of existing aircraft such as Bombardier C Series and Embraer E-2 jets; and rising airplane fleet size are the major growth drivers of prepreg layup process for the manufacturing of the fairing components globally.


Among region, North America was estimated to be the largest region in 2019 and is also expected to be remain the largest during the forecast period as well. The U.S. is growth engine of this region and accounted for more than 90% of share in the North American market in 2019. This is owing to large presence of small to mid-sized airplanes OEMs, fairing component manufacturers, raw material suppliers, & distributors. In addition, increasing production rates of the airliner models such as B737, B737 Max, B787, B797, B777x, and combat jet such as F-35 is another major factor aiding in the growth of this market in the region.

About Polaris Market Research
Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for our clientele spread across different enterprises.
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Friday, 6 March 2020

Automated Test Equipment Market Key Trends, Demand, Growth, Size, Review and forecast


The global automated test equipment market is anticipated to reach around $5,058 million by 2026 according to a new research published by Polaris Market Research. In 2017, Asia-Pacific accounted for the majority share in the global Automated Test Equipment market.

The expanding range of consumer electronic devices coupled with growing complexity in design of consumer electronic devices majorly drives the automated test equipment market growth. The adoption of automated test equipment has increased significantly owing to growing need for effective testing in semiconductor and electronics industry, and shift towards energy efficient ICs. Other factors driving the market growth include technological advancements, modernization of vehicles, development of autonomous vehicles, and rising demand for wireless networks. New emerging markets, emerging consumer demographics, and commercialization of Internet of Things would provide growth opportunities for Automated Test Equipment market in the coming years.
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In 2017, Asia-Pacific accounted for the highest share in the global automated test equipment market. The established semiconductor and consumer electronics industries, technological advancements, and high investment in R&D are factors expected to drive the market growth in the region. The increasing modernization of vehicles, and growth in the global automotive industry further accelerate the adoption of automated test equipment. The increasing economic growth in countries such as China and India also increases the adoption of automated test equipment in the region. Expansion of global players into these countries to tap market potential boosts the automated test equipment market growth. The high penetration of electric vehicles in the region coupled with increasing development of autonomous vehicles promotes the adoption of automated test equipment. The rising demand for wireless networks and growth in penetration of connected devices supports the market growth in the region.
The major players in the automated test equipment market include Teradyne, Inc., Roos Instruments, Inc., National Instruments Corporation, Star Technologies, Inc., Aeroflex, Inc., LTX-Credence Corporation, Danaher Corporation, Aemulus Holdings, Chroma ATE, Inc., and Marvin Test Solutions, Inc. These companies launch new products and collaborate with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers.
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About Polaris Market Research
Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for our clientele spread across different enterprises.
Contact Us:
Polaris Market Research
Phone: 1–646–568–9980
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