Friday, 3 April 2020

EV Charging Cables Market | 2020-2026 | Top Industry : Phoenix Contact, Dyden Corporation, TE Connectivity, Coroplast, Leoni AG, BESEN International Group

EV Charging Cables Market Size Worth $1,992.5 Million By 2026 | CAGR: 33.2% according to a new study by Polaris Market Research.
major market participants of EV Charging Cables Market: Phoenix Contact, Dyden Corporation, TE Connectivity, Coroplast, Leoni AG, BESEN International Group, Sinbon Electronics, Systems Wire and Cable, General Cable Technologies Corporation, Chengdu Khons Technology Co., Ltd., Manlon Polymers, Eland Cables, EV Teison, Aptiv Plc., and Brugg Group.
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Market Overview:
Governments all across the world are taking initiatives to promote the adoption of electric vehicles. Countries such as China, India, France, and the U.S. have invested significantly in the development of charging infrastructure to support market growth. Governments have also introduced stringent regulations regarding vehicular emissions to encourage the use of electric vehicles, which further drives the growth of the market. Market players are introducing technologically advanced EV charging cables in the market to appeal to a range of consumers. Innovations in the market have resulted in the launch of charging cables with reduced charge time and low overall costs. Technological advancement in terms of miniaturization and improvement of components has encouraged established organizations, and small and medium enterprises to invest in EV charging cables.
The different charging levels used in the global market include level 1, level 2, and level 3. Level 1 is a single-phase cable that provides battery recharge through an alternating-current plug and a dedicated circuit. It does not require the installation of charging equipment. It usually requires 8 to 12 hours to completely charge a battery and is usually used for home purposes.
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Segment Insight:
On the basis of application, the market is segmented into public and private. The governments across the world are investing significantly in deployment of public charging infrastructure by subsidizing the construction of charging stations. France has declared its goal to deploy 7 million outlets by 2030 for the cars to recharge. In 2016, Korea upgraded its former target of deploying publicly accessible fast chargers from 1,400 to 3,000 by 2020 to increase the adoption of electric vehicles. Norway provides public funding for construction of fast-charging stations every 50 km on main roads. In the United Kingdom, $650 is offered for the installation of a dedicated home charger for an electric car.
The market is segmented into Alternate, and Direct Charging based on power supply. AC transforms the incoming AC and into DC, and then forwarded to the battery pack. AC stations are widespread and offer vehicle recharge at affordable rates. However, the demand for DC is increasing owing to faster charging duration. BMW has launched its BMW Digital Charging Service (DCS), which is an intelligent cost-effective service optimizing charging technology for BMW i and BMW iPerformance vehicles. After activation of DCS, the recharge process is carried out independently and autonomously. DCS is based on principles on Tariff and solar optimised vehicle recharge. On the basis of shape, the market is segmented into straight and coiled. In 2019, the straight EV charging cables dominated the global market.
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Regional Insight:
Asia Pacific emerged as the largest market in 2019 and is expected to maintain its dominance over the forecast period. Growing concerns regarding air pollution and increasing need of fuel efficient vehicles have increased the number of electric cars in countries, such as China, U.S., India, and Japan, driving the growth of market. The National Electric Mobility Mission Plan (NEMMP) 2020 in India projects sales of 6–7 million units of electric vehicles, and a subsequent fossil fuel saving of 2.2 – 2.5 million tons. This would result in considerable reduction in vehicular emissions, and decrease in carbon dioxide emissions by up to 1.5% by 2020. The increasing penetration of electric vehicles is expected to fuel development of enhanced charging infrastructure, further increasing the demand for EV charging cables.
About Polaris Market Research
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Acetone Market size is expected to reach USD 6.19 billion by 2026 | PMR

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 “Acetone Market Share, Size, Trends, Industry Analysis Report, By Grade (Specialty Grade, Technical Grade); By End-User (Construction, Automotive, Cosmetics and Personal Use, Paints and Coatings, Pharmaceutical, Agriculture, Others); By Application (Bisphenol A, Methyl Methacrylate (MMA), Solvents, Methyl Isobutyl Ketone, Others); By Regions; Segment Forecast, 2020 – 2026” 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.


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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Aerial Refueling Systems Market 2020 New Industry Research On Present State and Future Growth Prospects to

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. The report “Aerial refueling systems market Share, Size, Trends, Industry Analysis Report By Aircraft Type (Combat & Tanker, Turboprop & Helicopter, UAV), By System (Hose & Drogue, Boom & Receptacle), By Component (Hose, Drogue, Probe, Boom, Refueling Pods, Others), By End User (OE, Aftermarket), By Regions, Segments & Forecast, 2020 – 2026” 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.


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. 

Companies in this industry are trying to develop new and innovative products in order to reduce the challenges faced by the users. For instance, Nottinghamshire-based Icon Aerospace has developed a key enabling technology to create the very first intelligent connector (IC) for in-flight refilling. 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. 


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:
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Phone: 1–646–568–9980
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Aircraft Fuel Systems Market Share, Size, Trends, Industry Analysis Report By PMR

The global Aircraft Fuel Systems Market size is expected to reach USD 7.50 billion by 2026 according to a new study by Polaris Market Research. The report “Aircraft Fuel Systems Market Share, Size, Trends, Industry Analysis Report By Aircraft Type (Commercial, Military, UAV), By Technology Type (Pump Feed, Fuel Injection, Gravity Feed), By Component Type (Pumps & Valves, Fuel Tank, Piping, Gauging, Inerting Systems, Others), By Engine Type (Jet Engine, Helicopter Engine, Turboprop Engine, UAV Engine), By Regions, Segments & Forecast, 2020 – 2026” gives a detailed insight into current market dynamics and provides analysis on future market growth.

Aircraft fuel systems are designed to provide uninterrupted and uncontaminated free fuel regardless of the aircraft’s attitude. As fuel load take a significant portion of airliner’s weight, a sufficiently strong airframe is designed in a way to control fuel loads and shifts in weight. This is an essential system which pumps, manages, and delivers jet fuel to the propulsion system and auxiliary power unit (APU). The implementation and functional characteristics play a critical role in design, certification, and operational aspects of both military and commercial jets. These systems directly affect the performance of an airliner as compared to any other airplane system.
                                                                                                                                     
Globally, flights generated about 915 million tonnes of CO2 in 2019 which is equivalent of 2% of all human induced CO2 emissions (42 billion tonnes). Aviation sector is responsible for 12% of CO2 emissions in transportation industry as compared to 74% emitted by road transport. Government and Federal Organizations are trying to regulate tough protocols for airplane OEMs and fuel system manufacturers in order to reduce the carbon emissions. An airplane fuel system consists of mainly storage tanks, valves, pumps, and metering & monitoring devices which are designed under strict Title 14 of the code of Federal Regulations guidelines. To meet the FAA requirements, the manufacturers design the systems which are free from vapor lock when using the jet-fuel at critical temperature. The tanks are separated from personnel compartments of the aircrafts by fume-proof and fire-proof enclosures which are vented and drained to the exterior of the airplane. The components of this system are bonded and grounded in order to drain off static charge.


Furthermore, increasing global airliner fleet, increasing commercial & regional airplane production & deliveries, growing revenue passenger kilometers, growing demand of lightweight components for achieving higher fuel efficiency & save costs, rising demand for fuel efficient & lightweight fuel systems are some for the major factors aiding in the growth of global industry.

Among airplane type, the market is segmented into commercial, military, and UAV. Commercial airliners are expected to be the largest market in 2019, owing to increasing production rates of the commercial airliner models such as B737, B787, A320, A350XWB, C919, A320 Neo, B737 Max, B777x, and A330 Neo. This segment is also propelled by rising commercial jet deliveries to support growing passenger traffic pushed by rising per capita income. Moreover, introduction of new generation fuel-efficient airliner models such as B737Max and B787 Dreamliner is another major factor aiding in the growth for the industry globally.

Among technology type, the market is segmented into pump feed, fuel injection, and gravity feed. In 2019, pump feed was estimated to be the largest market for fuel systems globally. This technology is majorly used on commercial and military jets as these are mid and low-wing airplanes with wing location not above the engines. The technology uses fuel-pumps to deliver the fuel from the tanks to engines.

Among component type, the market is segmented into pumps & valves, fuel tank, piping, gauging, inerting systems, and others. In 2019, gauging was estimated to be the most dominant component type followed by pumps & valves. Gauging is basically an instrument with sensing unit in the tank & indicator in the dashboard which is used to indicate and monitor amount of fuel in a tank. Pumps are used for transferring the fuel from the tanks to the carburetor whereas valves regulates & controls the flow by opening and closing or by obstructing the various fuel passage directions.


Among engine type, the market is segmented into jet engine, helicopter engine, turboprop engine, and UAV engine. In 2019, jet engine was estimated to be the most dominant engine type, according to Polaris Market Research. Jet engine basically powers the commercial airplane, regional planes, business jets, and military aircrafts. Increasing production rates of commercial airplane models such as A320, B787, B737, and Bombardier C series is one of the major factors aiding in the growth for jet engine segment and thereby driving the industry.

Among region, North America is expected to remain the largest region for aircraft fuel-systems globally as this region is the manufacturing capital of aerospace & defense industry due to large presence of aircraft OEMs, component manufacturers, fuel system vendors, distributors, and raw material suppliers. Moreover, presence of largest airplane fleet in the region is another major factor aiding the growth in this region.

Companies such as Collins Aerospace, Eaton, GKN Aerospace Services Limited, Honeywell International Inc., Meggitt PLC, PARKER HANNIFIN CORP, Safran, Triumph Group Inc., and Woodward Inc., are some of the major vendors operating in this industry.

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
Email: sales@polarismarketresearch.com
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Airborne pods Market Industry Analysis, Segments, Top Key Players, Drivers and Trends 2026

The global airborne pods market size is expected to reach USD 3,839.1 million by 2026 according to a new study by Polaris Market Research. The report “Airborne pods Market Share, Size, Trends, Industry Analysis Report By Aircraft Type (Combat Aircraft, Helicopter, UAV, Others), By Pod Type (ISR, targeting, Countermeasure, Others), By Material Type (Composites, Metals), By Sensor Type (EO/IR, EW/EA, IRCM); By Regions, Segments & Forecast, 2020 – 2026” gives a detailed insight into current market dynamics and provides analysis on future market growth.

Airborne pods refer to an external structure in an aircraft designed to keep the components such as camera, sensors, targeting systems, and communication systems together in order to organize the systems by putting them together for more efficient use of the components. Previously the components used for intelligence, surveillance, reconnaissance, and targeting any weapons through the aircraft or helicopter, the components were separately equipped in different parts of the body of aircraft or the helicopter through which aerodynamic drag being generated due to rough outline of the outer body. They help to bring most of the components to keep them organized along with lower weight and can provide maximum output in comparison with the components separately equipped across different parts of the body of helicopter or an aircraft.

Increasing defense expenditure, growing acquisition of combat aircraft by defense forces across different regions, emergence of intelligence, surveillance, & reconnaissance missions due to rising tensions & security reasons across different regions, and growing demand for efficient targeting systems are some of the reasons driving the market globally.


There can be any type of uncertain situations, which can generate the need of ISR, such as illegal border crossings by the militants, illegal fishing across the border, and illegal entry from the border, which make the demand for ISR operations for security reasons for any country. Most of the countries, such as the USA, Russia, and China, try to keep their defense forces upgraded with new and advanced technologies, which make them more powerful in comparison to others.

The air force of various countries form the contracts of upgrading their existing aircraft fleet with the advanced airborne pods for the betterment of their forces. For instance: in 2017, Lockheed Martin Corporation has been awarded a contract worth US$ 961 million to sustain and upgrade 683 Sniper Advanced Targeting Pods (ATP), which have to be employed on the US Air Force’s F-2, F-15, F-16, F-18, A-10, B-1, B-52, and Typhoon aircraft in which the contract period was of five years.

Among aircraft type, the market was segmented into combat aircraft, helicopter, UAV, and others. Combat aircraft was estimated to be the most dominant aircraft type in 2019 and is expected to retain its dominance during the forecast period as well. Lockheed Martin’s F-22/F-35, General Dynamics F-16, McDonnell Douglas F-15 Eagle, Dassault Rafale, Eurofighter Typhoon are some of major aircrafts with high demand.


Also, it is expected that more than US$ 800 million worth of airborne pods are likely to be procured during 2019-2026 globally wherein North America would be the largest market for the segment during the forecast period driven by the USA. UAV was expected to be the fastest growing segment owing to increasing acquisition and deployment of UAVs in defense forces of among all region for different missions.

Among type, the market is segmented into ISR, targeting, countermeasure, and others. In 2019, ISR was estimated to be the largest pod type globally and also it is expected to retain its dominance during the forecast period as well. It is mainly used for intelligence and surveillance, while keeping an eye on the desired area. It contains of EO/IR sensor allowing day/night missions, imagery data recording system, and air-to-ground data link system. Targeting pods are expected to be the fastest growing type during the forecast period. This is owing to increasing acquisition of weapon specialized combat aircraft models such as Dassault Rafale, F-35, F-16, and F-22 across different regions of the world.

Among material type, the market is segmented into composite and metals wherein, composite was estimated to be the largest segment in 2019 owing to increasing demand and deployment of lightweight pods for achieving increased overall mission efficiency, long range, and higher fuel efficiency in terms of costs due to its lightweight nature. Moreover, it is expected to be the fastest growing segment during the forecast period as well.

Among sensor type, the market is segmented into electro-optic/infrared (EO/IR), electronic warfare/electronic attack (EW/EA), and infrared countermeasure (IRCM). In 2019, EO/IR sensors was estimated to be the largest segment globally and is expected to retain its position during the forecast period as well. This is owing to increasing deployment of ISR in aircraft for keeping stronger security across border patrolling across different government confidential areas.


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 92% of share in 2019. U.S. currently accounts for nearly one-third of the global military expenditure. The country is anticipated to have the largest military expenditure worldwide in the foreseen future. It has a huge plan to upgrade its existing military aircraft fleet in the coming years. The growth in this region is majorly attributed to presence of largest combat aircraft fleet across the world and increasing aircraft upgradation programs across the region.

Companies such as Advanced Technologies Group, Collins Aerospace, Harris Corporation, Lockheed Martin Corporation, Northrop Grumman Corporation, Raytheon Company, Saab AB, TERMA, Thales Group, and Ultra Electronics are some of the key vendors operating in this market.

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
Email: sales@polarismarketresearch.com
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Aircraft Fairings Market | Trends, Top Manufacturers, Share, Growth, Statistics, Opportunities & Forecast to 2026

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.

Contact Us:
Polaris Market Research
Phone: 1–646–568–9980
Email: sales@polarismarketresearch.com
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Racing Drone Market Technological Advancement & Growth Analysis with Forecast 2026


Racing drones also called FPV (First Person View) refers to high speed small sized drone with specific configurations required to participate into racing sport events worldwide. Drone racing is a sport event which was initiated in Australia (2013) wherein many drone pilots met together to participate in a championship. The participating machine must have to fulfill the specific requirements of organizing leagues wherein factors such as weight, speed, motors, and propellers plays very important role. Racing drones are basically high-speed machines along with FPV camera and controller which is operated by a high skilled pilot in such sports championships.  The global racing drones market size is expected to reach USD 2,060.7 million by 2026 according to a new study by Polaris Market Research



Increasing production propelled by adoption across the world, introduction of high-speed drones, rising expenditure in R&D, increasing racing sports tournaments across different countries in the world, and increasing adoption of such racing trends by different countries are some of the major factors aiding in the growth of this market. In addition, factors such as requirement of highly skilled pilots to operate these machines in the racing tournaments and complexity in assembly of parts for beginners are some of the major restraining factors impacting negatively.
  
Among drone type, the market was segmented into RTF (Ready-to-Fly) and ARF (Almost-Ready-to-Fly). RTF are the drones which comes with complete assembled parts and a controller along with it to which the operator can easily operate it directly without any difficulties to assemble the parts. ARF comes up with disassembled parts to which the operator has to combine all the parts based on its requirements to make it operable in the field. Most of the FPV pilots have their preference towards ARF drones so that they can customize it to gain more speed by replacing high speed motors, propellers, and other components based on a event eligibility criterion. ARF segment was estimated to be largest sub-segment in 2019 and also it is expected to maintain its dominance during the forecast period as well. This is owing to cost of ARF against RTF which is more expensive as it has customizable options which provide the flexibility to the pilots.


Among application, the market is segmented into rotorcross, drag race, and time trial. Rotorcross is a racing event where many drones compete across an arena full of obstacles & number of laps wherein the first drone to cross the finish line wins the championship. Drag race is a racing event in which a number of pilots race together wherein the drone which achieve highest speed wins the race. Similarly, time trial is a event wherein the participants have to complete the laps in a minimum amount of time. In 2019, rotorcross segment dominated the market and expected to be largest during the forecast period as well. This is owing to increasing number of rotorcross events across different regions of the world. For instance, MultiGP is one of the biggest racing events across the world and till 2019 it has organized more than 12,500 racing events since 2015. Similarly, DCL (Drone Champions League) is another major event which occurs every year across different regions in the world. These events are expected to increase the demand for FPV across the world.


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 one of the major regions and accounted for more than 70% of share in North America. Moreover, increasing awareness for drone racing sports across the region among the audience and growing adoption across different end-use sectors are some of the major factors aiding the growth of the market in the region. Furthermore, Asia Pacific was expected to be the fastest growing region during the forecast period of 2020-2026 propelled by the countries such as China, Japan, and South Korea.

The global market is moderately consolidated and the top five players of this market accounted for more than a share of 45% in 2019, according to Polaris Market Research. These companies are continuously investing in R&D activities in order to fulfil the continuous demands for better technologically advanced products. Some of the major companies in this market include Airjugar Technology Co. Ltd., Autel Robotics, DJI, eachine, Guangzhou Walkera Technology CO. LTD, Hubsan, ImmersionRC Limited, mjxrc.net, Parrot Drones SAS, RotorX, Spin Master (Air Hogs), Skyrocket LLC (Sky Viper), UVify Inc., and YUNEEC are some of the major players in this market.


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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Clean Label Ingredients Market Global Industry Analysis, Size, Share, Trends, Growth and Forecast 2020-2026

The global Clean Label Ingredients market size is expected to reach USD 68.22 billion by 2026 according to a new study by Polaris Market Research. The report “Clean Label Ingredients Market Share, Size, Trends, Industry Analysis Report By Application (Beverages, Bakery, Dairy & frozen desserts, Prepared food/ready meals & processed foods, Cereals & snacks, Others), By Form (Dry, Liquid), By Type (Natural colors, Natural flavors, Fruit & vegetable ingredients, Starch & sweeteners, Flours, Malt, Natural preservatives, Fermentation ingredients, Oils & shortenings, Emulsifiers, Cereal Ingredients)), By Regions, Segments & Forecast, 2020 – 2026” gives a detailed insight into current market dynamics and provides analysis on future market growth.

The market witnessed tremendous growth in the recent past and this trend is expected to continue from 2019 to 2026. Companies have developed products and formulations that have good taste, texture, smell, appearance and tolerance has resulted in wide consumer acceptance. The number of product clean label product launches is on the rise thus providing consumers with a wide variety of choice while still facilitating them to concentrate on their health. Dairy segment witnessed a wide range of product revamping and new product launches as well.

Growing product investment with using natural products for the coloring the products such as using brown colors from rice and organic sugarcane is boosting the product demand in processed food. The manufacturers are using organic processors desiring orange color from pumpkin juice and carrot concentrates. Shifting consumer preference towards organic based products is further enhancing the product growth. Shifting trend towards food that are least processed and maintaining the natural content of food will have significant impact over the coming years.

Increasing demand of consumer towards snacking and number of snacking occasions between meals will boost the product growth. Easy to carry and easy to use option of snacks offering healthy benefit will significantly improve the product demand. Snacks are widely preferred by the kids and parents are preferring to provide clean label cereal and snacks over conventional alternatives. Growing consumer focus on nutritional value of the product such as high protein, naturalness, high vitamins, no processing or minimum processing, is expected to significantly enhance the product demand. These are widely consumed in matured economies also. Increasing consumer spending towards health-oriented foods will further boost the product growth.

Presence of various major players particularly in the North American region are playing a significant role in the transformation of food and beverage industry. Multiple changes in nutritional recommendations, potential government legislation, and consumer demands has resulted in bringing the necessary amendments related to health conditions. The industry participants across the region are making strenuous efforts to bring advancements in clean label ingredients thereby enhancing quality of food products.
Clean Label product manufacturers completely offset the usage of artificial ingredients which have a negative impact on the overall human health. Clean Label Food & beverage manufacturers are deploying fortification of nutritional additives such as chia seeds, fruits, nuts, pumpkins, etc in their product offerings. The major motive of incorporating aforementioned additives in clean label food & beverage industry is to increase the nutritional content in food items.

Companies such as Cargill, Kerry Group PLC, Koninklijke DSM N.V., E. I. Du Pont De Nemours and Company, Ingredion Incorporated, Tate & Lyle PLC, and Archer Daniels Midland Company are some of the key players operating in the global market.

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
Email: sales@polarismarketresearch.com
Web: www.polarismarketresearch.com
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