Market Insights IARC

Thermosets Market  size is forecast to reach $42.5 billion by 2026, after growing at a CAGR of 4.6% during 2021-2026. The thermoset's properties include excellent strength, light weight, low specific gravity, excellent elasticity modulus, and high resistance to corrosion, and among others. Thermoset's superior properties have led to their growing applicability across a range of end-use sectors, including wind power, automobile, aerospace, building & infrastructure. Thermoset resins are very versatile materials, due to this they are used for building blocks. Also, diamines are the most common epoxy curing agent which is used in building block. Diamine along with epoxy resin to make harden the thermoset through crosslinking, hence it is also called hardeners. Thus, one of the major factors driving the growth of the thermoset market, is the rising demand for lightweight and robust substitute materials from the building & construction, aerospace, automobile, and transport i...

APAC sputter targets market  is forecast to reach $1.2 billion by 2026, after growing at a CAGR of 5.9% during 2021-2026. Sputtering is an advanced physical vapour deposition and hot isostatic pressing technology that is mainly used to deposit very thin layers of 3-5 mm for a wide variety of commercial and scientific purposes. This technology is mainly used into electronics and semiconductor manufacturing where coating layers plays an important role in the performance of the final products. Growing microelectronics industry and regulations over controlled hexavalent chrome (cr6) emission is expected to act as a key growth driver during the period of study. With rise in electronics industries and growing production of electronic products such as Semiconductors and computer chips to create hard-edged thin film deposition and sputter deposition coatings for a variety of tools using alloys and ceramic targets, the APAC Sputter Targets market is witnessing an increase in demand. Growing...

The  Terrain Awareness and Warning System Market  size is forecast to reach $3.83 billion by 2026, growing at a CAGR of 6.8% in the period 2021-2026. The Terrain Awareness and Warning system offers optimum terrain prediction and advanced avoidance technology to commercial and military aircraft. The advancement in terrain mapping technology leads to the development of the latest ground proximity warning system for greater situational awareness in flights, resulting in the growth of the Terrain Awareness and Warning System Industry. The technology offers various life-saving data as well as offer different standards of protection to the aircraft navigation to avert the Control Flight into Terrain (CFIT) accidents. The popularity of the retrofit aircraft market, introduction of Instrument Flight Rules, along with the upgrades of hardware and software applications are likely to drive the Terrain Awareness and Warning System Industry growth. In addition, the introduction of LiDAR-ba...

The   Smart Glove Marke t  size is analyzed to grow at a CAGR of 9.6% during the forecast 2021-2026 to reach $4.67 billion by 2026. Smart Glove is considered as a wide range of Sensor technology gloves for advanced and customized solutions, such as hand protection, high-tech rehab device and other assistive device services. The Smart Gloves are designed electronic devices with microcontrollers to offer avant-garde opportunities for various kinds of application suitable to the business requirements, including industrial grade gloves and medical grade gloves, and thus, contribute to the Smart Glove market growth. The rapid prominence of the Internet of Things (IoT), artificial intelligence and connected devices, along with the increasing innovations in wearable health devices, smart personal protective equipment, integrated with GPS, wireless communication features and in-built voice assistance have supported the Smart Glove Industry development successfully. In fact, the growth...

Electro Optics Market   Size is forecast to reach $19.0 billion by 2026, at a CAGR of 6.8% during 2021-2026. The rising concern for safety and security and the need for advanced defense systems and equipment are the primary factors driving the growth of the electro optics market share. In addition increasing deployment of electro optics systems in unmanned vehicles is another factor driving the growth of the electro optical industry. Moreover, the electro optics system is also being used for non-destructive testing in the aerospace sector and also border protection agencies use these systems for monitoring an intrusion attempt. As terrorist activities are on a rise across various regions, there is an immense need for advanced surveillance systems and the need to prevent intrusion attempts by the terrorist organization, which is driving the market forward. Moreover, these equipment include multispectral day and night imaging sensors, laser rangefinders (LRF), night vision goggles, a...