The global offshore Drone Surveillance Market size is projected to reach USD 415.8 billion by 2027, exhibiting a CAGR of 19.6% during the forecast period. Drones, or unmanned aerial vehicles (UAVs), have proven to be a highly efficient and cost-effective technology for conducting surveillance activities in offshore settings for various industries. Source: https://www.fortunebusinessinsights.com/industry-reports/drone-surveillance-market-100511

According to a research report titled “Antimicrobial Coatings Market, 2020-2027” by Fortune Business Insights™, the global antimicrobial coatings market size was USD 3,690.0 million in 2019 and is expected to reach USD 8,650.7 million by 2027, exhibiting a CAGR of 11.5% during the forecast period. Information Source - https://www.fortunebusinessinsights.com/antimicrobial-coatings-market-102784 The rise can be attributed to the increasing use of antimicrobial coatings by paint manufacturers to inhibit the growth of pathogens. The coatings contain additives that offer long-lasting and adequate protection against fungi, bacteria, and mold. The market is segmented into metallic and non-metallic types. The metallic segment is fragmented into copper, silver, and others, with the silver sub-segment holding a major share in the industry. The market is also divided based on application into mold remediation, medical & healthcare, food & beverage, building & construction, textile, and others. The medical & healthcare segment is expected to record commendable growth over the estimated period due to the rising product usage in medical appliances, products, and surfaces for preventing the spread of infection. Drivers and Restraints: The report provides an overview of the crucial steps taken by major industry participants to sustain their industry position, after extensive research and engagements with prominent industry stakeholders. The rising awareness regarding healthcare-related infections (HCAI) and an increase in efforts toward their prevention are the major drivers of market growth. However, the use of these products can lead to substantial changes in the emission levels of toxic agents into the environment, which is anticipated to hamper market expansion to some extent. Regional Insights: North America is expected to emerge as a key region driven by escalating demand from medical applications, surging government healthcare expenditure, and high standards of living in the U.S. The Asia Pacific region is also anticipated to record substantial escalation over the forecast period, attributed to the expansion of the food & beverage, pharmaceuticals, and construction industries. List of Key Players Mentioned in the Report: Prominent market players are focusing on the adoption of various initiatives such as mergers, acquisitions, and research activities for enabling the development of superior antimicrobial coatings. Some of the key players mentioned in the report include Nippon Paint (India) Company Limited, PPG Industrial Coatings, Diamond Vogel, Akzo Nobel N.V., DuPont, Axalta Coating Systems, DSM, and The Sherwin-Williams Company.

The global aircraft electrical system market size is projected to reach USD 27.29 billion by 2027, exhibiting a CAGR of 5.83% during the forecast period. Expanding defense budgets of leading economies of the world will generate unprecedented opportunities for market players, highlights Fortune Business Insights™ in its report, titled “Aircraft Electrical System Market Size, Share & Industry Analysis, By Platform (Fixed-Wing and Rotary Wing), By Component (Generators, Conversion Devices, Distribution Devices, Battery Management Systems, and Others), By Application (Power Generation Management, Flight Control & Operation, Cabin System, Configuration Management, and Air Pressurization & Conditioning), By Technology (Conventional, Electric, and Others), By End User (OEM and Aftermarket) and Regional Forecast, 2023-2027”. Informational Source: https://www.fortunebusinessinsights.com/aircraft-electrical-system-market-104822

The global fluoroelastomers market size is expected to reach USD 1,794.1 million by 2027, exhibiting a CAGR of 3.7% during the forecast period. The increasing demand for products including gaskets and hoses will create lucrative opportunities for the market. Information Source - https://www.fortunebusinessinsights.com/fluoroelastomer-market-104714 The emergence of COVID-19 has brought the world to a standstill. We understand that this health crisis has brought an unprecedented impact on businesses across industries. However, this too shall pass. Rising support from governments and several companies can help in the fight against this highly contagious disease. There are some industries that are struggling, and some are thriving. Overall, almost every sector is anticipated to be impacted by the pandemic. We are making continuous efforts to help your business sustain and grow during the COVID-19 pandemic. Based on our experience and expertise, we will offer you an impact analysis of the coronavirus outbreak across industries to help you prepare for the future. The fluoroelastomers market report emphasizes on: Superior insights into all market Valuable data about eminent players Emerging trends Regional Insights Market drivers and restraints Latest developments Market Driver: Surging Demand for Fuel-Efficient Vehicles to Incite Development The depleting fossil fuel reserves and fluctuations in crude oil prices have led to high demand for fuel-efficient vehicles among consumers, which, in turn, will augur well for the fluoroelastomers industry. Similarly, increasing awareness about climate change and carbon emissions among consumers has further demand for low-emission vehicles. Automotive manufacturers are investing hefty funds in research and development to transform their existing designs and utilize lightweight materials to achieve the desired efficiency in cars. Moreover, OEMs reduce the size of components such as engines and powertrains and incorporate air circulatory systems to improve proficiency. The compatibility of fluoroelastomers with a wide variety of chemicals and resistance to extensive temperature ranges is projected to spur its demand in the automotive industry. Also, conventional elastomers' inability to sustain high temperatures will fuel the demand for fluoroelastomers in the near future. Halt on Manufacturing Activities to Reduce Demand Amid COVID-19 The COVID-19 pandemic had a negative impact on the automotive and aerospace industries. The pandemic resulted in an abrupt halt in manufacturing activities, supply chains, and factory shutdowns. As a result, the automotive industry is struggling with the generation of revenue. The sudden shutdown of production facilities disrupted the automotive sector. Moreover, the aircraft manufacturers reduced their production rates due to the global lockdown. The delayed aircraft deliveries and diminished production have severely affected the global fluoroelastomers market growth during the global pandemic. Regional Analysis: Rising investments in the pharmaceutical Industry to Favor Market in Asia Pacific The fluoroelastomers market in Asia Pacific is expected to grow exponentially during the forecast period due to its high consumption. Rising investments in the pharmaceutical, food processing, chemical processing, and coating industries in India and China will propel the market's growth. The market in North America is expected to hold the largest fluoroelastomer market share during the forecast period. The growth is attributed to the increasing demand from the automotive and aerospace industries because of fuel emission regulations. Europe is expected to expand radically during the forecast period. The presence of major automotive, and aerospace manufacturers such as Dassault Aviation, and Airbus will boost the market in Europe. Countries including Germany, the UK, and France were the major contributors in the region.

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