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scotianostra · 9 months ago

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James Allan Mollison was born on April 19th 1905 in Glasgow.

Graeme Obree, Chris Hoy and a certain steam train have all bee called The Flying Scotsman in their time, but the original title goes to a man who actually did fly, Jim Mollison.

Jim would go on to become a pioneering aviator, breaking records for long distance flights. His marriage to fellow aviator Amy Johnson also saw them lauded as the golden couple during their time together.

Born the only child of Hector Alexander Mollison, a consultant engineer, and Thomasina Macnee Addie. He was educated at The Glasgow Academy and Edinburgh Academy and took an early interest in flying and obtaining his Royal Air Force (RAF) Short Service Commission at 18, he was the youngest officer in the service, and upon completion of training was posted to India, flying on active service in Waziristan.

At the age of 22, Mollison became a flying instructor at Central Flying School (CFS), again setting the record for being the youngest in this role. Shortly after, he transferred to the RAF Reserve and devoted his time to civil aviation. In 1928-29, he served as an instructor with the South Australian Aero Club in Adelaide, leaving that position to become a pilot with Eyre Peninsular Airways and Australian National Airways.

In July-August 1931, Mollison set a record time of eight days, 19 hours for a flight from Australia to England, and in March 1932, a record for flying from England to South Africa in 4 days, 17 hours flying a de Havilland Puss Moth.

Mollison eventually served in the ATA Air Transport Auxiliary in the Second World War. In June 1941 Mollison and an ATA crew delivered Cunliffe-Owen OA-1 G-AFMB to Fort Lamy, Chad. The aircraft was fitted out as a personal transport for General De Gaulle.

Mollison was feted in London and New York, and could lead the life he had always wanted. “I am a night bird,” he once said. “Life and enjoyment begin when daylight fades. Cocktail bars and clubs, music, beautiful women— that’s living. Daylight comes to me as an interval for sleeping until an afternoon drink helps to bring on another evening.” His autobiography was called “Playboy of the Air”.

When Mollison and Amy Jonson married in 1932 the press were delighted, they were dubbed The Flying Sweethearts by the press and public. . The match was was perfect for the publicity machine, and the two of them set about devising new aviation records: in 1933 they flew together from Wales to New York and had a ticker-tape reception in Wall Street. But marriage did not last long or end well. It has sometimes been assumed that the match was a simple career move on Mollison's part: certainly he did not halt his relationships with other women. Nor did it limit his drinking. As I said earlier, he got the tag “ the Flying Scotsman” but those close to him called him “Brandy Jim”.

As well as his Playboy lifestyle and heavy drinking Jim Mollison was also quick with his fists, and a manager from the Grosvenor House Hotel was reported as saying ” We've had the most awful night here. Jim Mollison and Amy Johnson had a fearful row and he's beaten her up. The bathroom looks like a slaughterhouse.” The marriage officially ended in 1938.

Mollison kept flying, and – like Johnson – flew in a non-combat role in WWII. Both of them flew in the Air Transport Auxiliary. Johnson died in 1941 after baling out of aircraft. Mollison had at least one close escape, when his plane was shot up, but survived the war.

Mollison later settled in London and ran a public house. He married Maria Clasina E. Kamphuis in 1949 at the Maidenhead Register Office. Mollison continued to abused alcohol and in 1953, the Civil Aviation Authority Medical Board revoked his pilot's licence. The couple separated but Maria bought the Carisbrooke Hotel in Surbiton for him – a temperance hotel.

Suffering from acute alcoholism, he was admitted to The Priory, Roehampton, southwest London, where he died on 30 October 1959, the official cause of death was pneumonia, but unofficially it was thought to be alcoholic epilepsy.

#scotland #scottish #history #pilot #aviator #pioneer

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justforbooks · 11 months ago

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Stephen Salter, who has died aged 85, was the inventor of the Salter’s Duck, a wave-power device that was the first of its kind and promised to provide a new source of renewable energy for the world – until it was effectively killed off by the nuclear industry.

In 1982, after eight years of development under Salter’s direction at Edinburgh University, the United Kingdom Atomic Energy Authority (UKAEA) was asked by the government to see if the duck might be a cost-effective way of making large quantities of electricity. To the great surprise of Salter, and others, the UKAEA came to the conclusion that it was uneconomic, and that no further government funding should be given to the project.

A decade later it emerged that thanks to a misplaced decimal point, the review had made Salter’s duck look 10 times more expensive than the experiments showed it was likely to be. The UKAEA claimed this was just a mistake, but Salter, who had never been allowed to see the results of the secret evaluation, put it another way: asking the nuclear industry to evaluate an alternative source of energy was like putting King Herod in charge of a children’s home, he suggested.

By then, however, Salter had become interested in other projects, and as a result his duck has never been tested at sea – although wave-power devices using some of his technology are now in development in the Orkneys and off the coast of Portugal.

The prototype ducks, developed in a multidirectional wave tank of Salter’s invention, are now in the National Museum of Scotland in Edinburgh, where there are a number of other exhibits with links to him, including the only remaining Black Knight rocket, a UK ballistic missile from the 1950s, and Freddy the Robot, from the 60s, the first machine to have artificial intelligence that could “see” and had a sense of touch. He also invented the Dervish, a low-cost method of clearing landmines, by using a revolving three-wheeled mechanism with a constantly changing path.

Perhaps the range of those projects sums up Salter’s mind better than anything else. Colleagues who worked with him said that while other scientists concentrated for years on one subject to the exclusion of all others, Salter was fascinated by new problems.

Although it was the oil shock of 1973 that first stimulated his interest in renewable energy, he later became one of the first scientists to realise the dangers of climate change. Doubting that the slow pace of cutting fossil-fuel use would be enough to save the planet from dangerous overheating, at the turn of the 21st century he set up a scheme to develop marine cloud brightening – an idea to produce more and brighter clouds in the middle of the oceans in order to reflect sunlight back into space, thereby keeping the oceans cooler and reducing sea-level rise.

He designed a project to build a large number of automated ships spraying aerosols from sea water into the atmosphere to create and brighten clouds in the middle of the world’s oceans and – having made a considerable fortune by selling some of his inventions – was able to set up the Lothian School of Technology just outside Edinburgh for £2.4m. The centre provides premises for up to 60 of his students to work on inventions and develop them commercially beyond their time at university.

Born in Johannesburg, South Africa, Stephen was the son of British parents who had emigrated there, Rachel (nee Floyd) and Willoughby de Carle Salter. His father joined the Royal Navy as a meteorologist during the second world war and afterwards the family moved to Britain, where Willoughby became head of a prep school in which Rachel also taught. Stephen attended two boarding schools and then Framlingham college in Suffolk.

By that time he was designing, building and flying model aeroplanes, and his ambition was to take an engineering degree at Cambridge University. But he failed to get good enough grades, instead becoming an apprentice at Saunders-Roe, an Isle of Wight aero- and marine-engineering company, where he was involved in the Black Knight rocket project. After studying at night classes he was finally accepted at Cambridge to study natural sciences including metallurgy.

He moved to Edinburgh University in 1967, aged 29, to become a research fellow working on artificial intelligence in robots. Within six years he was also a lecturer and had begun his work on wave energy. In 1984 he became professor of engineering design.

Perhaps Salter’s left-leaning politics and his willingness to take on the London establishment prevented him from being showered with the honours he deserved, but he was elected to a fellowship of the Royal Society of Edinburgh in 1991, made MBE in 2004, and inducted into the Scottish Engineering Hall of Fame in 2021. He never stopped working, becoming an emeritus professor at retirement age and continuing to research, advise companies and refine his inventions until the end.

He married Margaret Donaldson, a professor of development psychology at Edinburgh University, in 1973. She died in 2020. He is survived by his younger brother, Edmund.

🔔 Stephen Hugh Salter, inventor, born 7 December 1938; died 23 February 2024

Daily inspiration. Discover more photos at Just for Books…?

#just for books #Stephen Salter #in memoriam

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rohanisblog · 16 days ago

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Industrial Gears Market Forecast: 4.2% CAGR from 2025 to 2033

Astute Analytica, a prominent market research firm, has recently published a comprehensive report that offers an extensive analysis of the Industrial Gears market. This report goes beyond mere statistics, providing deep insights into various critical aspects such as market segmentation, key players, market valuation, and regional overviews. It serves as a valuable resource for businesses and stakeholders seeking to navigate this evolving industry landscape.

Market Valuation

The report includes a thorough evaluation of the market valuation, drawing from historical data, current trends, and future projections. By employing rigorous analytical methods, it effectively captures the growth trajectory of the market. This detailed assessment allows businesses to understand the factors driving growth and make informed decisions regarding investments and strategic initiatives.

Industrial gears market was valued at US$ 229.3 billion in 2024 and is expected to exceed US$ 332.0 billion by 2033, registering a CAGR of 4.2% over the forecast period 2025-2033.

A Request of this Sample PDF File@- https://www.astuteanalytica.com/request-sample/industrial-gears-market

Comprehensive Market Overview

Astute Analytica's report provides a holistic overview of the Industrial Gears market. It encapsulates a wide array of information related to market dynamics, including growth drivers, challenges, and opportunities. Stakeholders can leverage these insights to formulate effective strategies and maintain a competitive edge in the market.

Key Players in the Market

The report identifies and profiles the major players who are influencing the Industrial Gears market. Through meticulous research, it presents a clear view of the competitive landscape, detailing the strategies, market presence, and significant developments of leading companies. This section is vital for stakeholders who wish to understand the positioning and actions of their competitors.

Key Companies:

Aero Gear Incorporated

Precipart Corporation

Itamco

Riley Gear Corporation

Atlas Gear Company

Ashoka Machine Tools Corporation

Hota Industrial Manufacturing Co., Ltd.

Bevel Gears India Pvt. Ltd.

Fiat Chrysler

Ford

General Motors

Honda

Toyota

Caterpillar

Jackson Gear Company

Cleveland Gear Company

David Brown Inc.

Eaton

OKUBO GEAR Co., Ltd.

Elecon Engineering Company Limited

KHK Stock Gear

Martin Sprocket & Gear, Inc.

Overton Chicago Gear Corporation

Philadelphia Gear

Havlik International

Omni G & M Corporation

Commercial Gear & Sprocket Company, Inc.

Gear Motions, Inc.

ZF Friedrichshafen

Other Prominent Players

For Purchase Enquiry: https://www.astuteanalytica.com/industry-report/industrial-gears-market

Segmentation Analysis

A crucial component of the report is the segmentation analysis, which delves into various market segments based on industry verticals, applications, and geographic regions. This detailed examination provides stakeholders with a nuanced understanding of market dynamics, enabling them to identify opportunities for growth and areas for investment.

Market Segmentation:

By Product:

Spur Gear

Planetary Gear

Helical Gear

Rack and Pinion Gear

Worm Gear

Bevel Gear

Others

By Application:

Automotive

Aviation

Agricultural Machinery

Construction Machinery

Material Handling

Mining Equipment

Oilfield Equipment

Power Plants

Pulp and Paper

Steel and Manufacturing

Others

By Distribution Channel:

OEMs

Aftermarket

By Region:

North America

The U.S.

Canada

Mexico

Europe

The UK

Germany

France

Italy

Spain

Poland

Russia

Rest of Europe

Asia Pacific

China

India

Japan

Australia & New Zealand

ASEAN

South Korea

Rest of Asia Pacific

Middle East & Africa (MEA)

UAE

Saudi Arabia

South Africa

Rest of MEA

South America

Argentina

Brazil

Rest of South America

Research Methodology

Astute Analytica is recognized for its rigorous research methodology and dedication to delivering actionable insights. The firm has rapidly established a solid reputation by providing tangible outcomes to clients. The report is built on a foundation of both primary and secondary research, offering a granular perspective on market demand and business environments across various segments.

Beneficiaries of the Report

The insights presented in this report are invaluable for a range of stakeholders, including:

Industry Value Chain Participants: Those directly or indirectly involved in the Industrial Gears market need to stay informed about leading competitors and current market trends.

Analysts and Suppliers: Individuals seeking up-to-date insights into this dynamic market will find the report particularly beneficial.

Competitors: Companies looking to benchmark their performance and assess their market positions can leverage the data and analysis provided in this research.

Astute Analytica's report on the Industrial Gears market is an essential resource that empowers stakeholders with the knowledge needed to navigate and thrive in this competitive landscape.

Download Sample PDF Report@- https://www.astuteanalytica.com/request-sample/industrial-gears-market

About Astute Analytica:

Astute Analytica is a global analytics and advisory company that has built a solid reputation in a short period, thanks to the tangible outcomes we have delivered to our clients. We pride ourselves in generating unparalleled, in-depth, and uncannily accurate estimates and projections for our very demanding clients spread across different verticals. We have a long list of satisfied and repeat clients from a wide spectrum including technology, healthcare, chemicals, semiconductors, FMCG, and many more. These happy customers come to us from all across the globe.

They are able to make well-calibrated decisions and leverage highly lucrative opportunities while surmounting the fierce challenges all because we analyse for them the complex business environment, segment-wise existing and emerging possibilities, technology formations, growth estimates, and even the strategic choices available. In short, a complete package. All this is possible because we have a highly qualified, competent, and experienced team of professionals comprising business analysts, economists, consultants, and technology experts. In our list of priorities, you-our patron-come at the top. You can be sure of the best cost-effective, value-added package from us, should you decide to engage with us.

Get in touch with us

Phone number: +18884296757

Email: [email protected]

Visit our website: https://www.astuteanalytica.com/

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#Industrial Gears Market #Size #Share #Trends

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marketingreportz · 1 month ago

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Powder Metallurgy Market - Forecast(2024 - 2030)

Powder Metallurgy Market Overview

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COVID-19 Impact

The onset of Covid-19 in the entire nation had a negative impact on the automotive industry. There was an overall revenue impact across the automotive industry. The pandemic also impacted all the stakeholders present in the value chain for the short as well as medium term. Shortage of raw material, shifting of production to other countries, liquidity crunch to delays in availability of models, deferred launches, and shrinkage in consumer demand were some of the main issues faced by the automotive stakeholders, owing to which the production and demand of automobiles had significantly fallen. For instance, according to the China Passenger Car Association (CPCA), China’s passenger car sales in June fell 6.5% year on year to 1.68 million units. The unstable automotive production and demand have significantly impacted the market of powder metallurgy as the demand for powder metal was also uncertain during the period. A prolonged truncation of consumer demand due to the lockdown has significantly affected auto manufacturers’ revenues and cash flows. Even after the restriction is eased in 2021, with discretionary spending taking a backseat, further declines in the market for passenger vehicles are expected.

Powder Metallurgy Market Report Coverage

The report: “Powder Metallurgy Market — Forecast (2021–2026)”, by IndustryARC, covers an in-depth analysis of the following segments of the powder metallurgy Industry.

By Material: Ferrous (Iron, Steel, and Stainless Steel), Non-Ferrous (Copper, Aluminium, Cobalt, Tin, Nickel, Magnesium, Zinc, Titanium, Molybdenum, and Others By Process: Conventional Process, Metal Injection Moulding, Hot Isostatic Pressing, and Metal Additive Manufacturing By Application: Porous Products, Bearing and Bushes, Filters (Ceramic Filter, Fiber Metal Filter, and Others), Refractory Metal Composites, Electric Motors, Cemented Carbides, Machinery Parts (Gears, Sprockets, Rotors, and Others), Tungsten Wires, Medical Implants, Magnetic Materials, Cutting Tools and Dies, and Others By End-Use Industry: Medical & Healthcare, Automobile (Transmission, Engine Parts, and others), Oil & Gas, Electrical and Electronics (Refrigerators, Vacuum Cleaners, Circuit Breakers, Electric Motors, Sewing Machines, and Others), Industrial (Hydraulics, Motors/Controls, and Others), Aerospace (Aero-engine, Land-based Gas Turbine, Airframes, and Others), Household Appliances, Recreation and Leisure, and Others By Geography: North America (USA, Canada, and Mexico), Europe (UK, Germany, France, Italy, Netherlands, Spain, Russia, Belgium, and Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, Australia and New Zealand, Indonesia, Taiwan, Malaysia, and Rest of APAC), South America (Brazil, Argentina, Colombia, Chile, and Rest of South America), Rest of the World (Middle East, and Africa)

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Key Takeaways

Asia-Pacific dominates the powder metallurgy market, owing to the increasing demand and production of lightweight vehicles in the region. For instance, according to OICA, the production of passenger cars has increased by 2.6 % in Malaysia in 2019.

There are many cases in which powder metallurgy over casting has a strong benefit. The benefits of the powder metallurgy process are particularly apparent when dealing with high-value and high-melting-point materials, owing to which there is increasing adoption of powder metallurgy over die casting, which will propel the market growth.

There are growing interests in producing customized medical implants using additive manufacturing and in producing porous implant structures (to match bone stiffness and to aid osteointegration) by powder metallurgy processing, which may boost the market growth.

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Powder Metallurgy Market Segment Analysis — By Material

The ferrous segment held the largest share in the powder metallurgy market in 2020. Ferrous powdered metals such as iron, steel, and more offer the highest level of mechanical properties. Ferrous metal powders are also known for their extensive characteristics such as durability, hardness, tensile strength, lower costs, broad flexibility, and more. The ferrous powdered metal is largely employed in the automotive industry for designing bearings, gears, or other auto parts, owing to its good strength and flexibility. Furthermore, ferrous metals are also widely utilized in various other end-use industries such as construction, piping, aerospace, electronics, and more. Thus, it is anticipated that these extensive characteristics and wide applications of ferrous powder metallurgy are the major factors driving its demand during the forecast period.

Powder Metallurgy Market Segment Analysis — By Application

The bearings segment held the largest share in the powder metallurgy market in 2020 and is growing at a CAGR of 7.4% during 2021–2026, owing to its self-lubricating property. Bearings that are made from powder metallurgy are known as self bearings of sintered metal. They are economical, suitable for high production rates, and precision tolerances can be produced. The majorities of porous-metal bearings consist of either bronze or iron with pores that are interconnected. These voids take up 10 percent of the total volume to 35 percent. In operation, lubricating oil is deposited in these voids and feeds to the bearing surface through the interconnected pores. Sintered-metal self-lubricating bearings are widely used in home appliances, small motors, machine tools, aircraft, and automotive accessories, business machines, instruments, and farm and construction equipment, owing to which it holds a prominent share in the powder metallurgy application segment.

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Powder Metallurgy Market Segment Analysis — By End-Use Industry

The automotive segment held the largest share in the powder metallurgy market in 2020 and is growing at a CAGR of 8.6% during 2021–2026. Powder metal parts display excellent controlled porosity and self-lubricating properties that allow gases and liquids to be filtered. Powder metallurgy is also a strongly recommended method in the manufacture of components involving complex bends, depressions, and projections. Flexibility in the development of mechanical parts of different compositions, such as metal-non-metal and metal-metal hybrids, allows high dimensional precision in the production of automobile parts and ensures consistent properties and measurements with very little scrap and waste of material. The most popular vehicle parts that are manufactured through the method of powder metallurgy are the bearings and gears. A variety of metals, including ferrous, and non-ferrous are used in automotive components including chassis, steering, exhaust, transmission, shock absorber parts, engine, battery, seats, air cleaners, brake disc, and more. The powder metallurgy is often used in these components as it improves the net shape, utilizes heat treatment, enhances surface treatment, and improves the precision of these components. Thus, the demand for powder metallurgy in the automotive sector is growing due to such factors.

Powder Metallurgy Market Segment Analysis — By Geography

Asia-Pacific region held the largest share in the powder metallurgy market in 2020 up to 45%, owing to the increasing automotive manufacturing coupled with population growth in the region. China is the world’s largest vehicle market, according to the International Trade Administration (ITA), and the Chinese government expects automobile production to reach 35 million by 2025. In 2019, according to OICA, the automotive production in Malaysia and Vietnam has increased up to 571632, and 250000, i.e., 1.2%, and 5.5%. India’s annual production in 2019 was 30.91 million vehicles, according to Invest India, compared to 29.08 million in 2018, recording a healthy 6.26 percent growth. Also, by 2026, the US$118 billion Indian car industry is projected to cross US$300 billion. The increasing automation production in the Asia Pacific will eventually boost the demand for powder metallurgy to manufacture various automobile components, which will likely influence the growth of the powder metallurgy market in the APAC region.

Powder Metallurgy Market Drivers

Flourishing Aerospace Industry

Powder metallurgy is used extensively in aerospace, because of its advantages of high strength/weight ratio, high heat capacity, and high modulus of elasticity. Within aerospace, powder metallurgy finds its most significant application in turbine engines, compressors, fan sections, discs, airframes, fasteners, and landing gear. Tungsten metallurgy based tungsten carbide has received considerable attention in the aerospace industry because of its high strength at very high temperatures. Tungsten carbide is sintered through a selective laser sintering process based on the additive manufacturing process. In 2019, China was the second-largest civil aerospace and aviation services market in the world and one of the fastest-growing markets, according to the International Trade Administration (ITA). China will need 7,690 new aircraft over the next 20 years, valued at US$1.2 trillion, according to Boeing (Commercial Market Outlook 2018–2037). China also currently accounts for 15 percent of the world’s commercial aircraft fleet, and it will be almost 20 percent by 2037. According to Boeing, the demand for 2,300 airplanes worth US$320 billion is projected in India over the coming 20 years. Boeing’s current market outlook (BMO) forecasts demand for 2,520 new aircraft in the Middle East by 2030. With the flourishing aerospace industry, the demand for aircraft components will also gradually increase, which will drive the market growth.

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Expanding Electrical and Electronics Sector

The powder metallurgy method offers the opportunity to cost-effectively produce net form components from a variety of materials. A market segment that has exhibited the ability to take advantage of powder metallurgy’s flexibility has been in electromagnetic applications such as household appliances, industrial applications, and more. Magnetic materials are essential elements in the electronic industry in recent times. From the motors and turbines that provide the power for the industry to the high-frequency transformers that power computers, magnetic materials are becoming increasingly important for consumers. The electronic sector is booming in various regions, which will further drive the market growth as there is an increasing demand for powder metallurgy from the electrical and electronics sector. For instance, the consumer electronics and appliances sector in India is expected to become the fifth-largest in the world by 2025, according to Invest India. India could create an US$800 billion to US$1 trillion digital economy by 2025, and India’s digital economy could fuel 18–23 percent of overall economic activity by 2025. According to the Government of Canada, revenues in the ICT sector reached an estimated US$210 billion in 2019. ICT sector revenues grew from US$158 billion to US$200 billion from 2013 to 2018, a 26.9 percent increase.

Powder Metallurgy Market Challenges

Various Drawbacks Associated with Powder Metallurgy

The cost of metal powders compared to the cost of raw material used for casting or forging a component is relatively higher. At the time the cost of tooling and equipment is also higher. When production volumes are limited, this is especially a limitation. Also, low melting point metal powders such as zinc, tin, and cadmium give thermal difficulties during sintering operation, as most oxides of these metals cannot be reduced at temperatures below the melting point. Furthermore, large or complex-shaped parts, and uniformly high — density products are difficult to produce by the powder metallurgy process. Without any degradation, a few powders are also difficult to store. All these drawbacks associated with the powder metallurgy may hinder the market growth during the forecast period.

Powder Metallurgy Market Landscape

Technology launches, acquisitions, and R&D activities are key strategies adopted by players in the powder metallurgy market. Major players in the powder metallurgy market are Arcam AB, Carpenter Technology Corp., ExOne GmbH, GKN Plc, Höganäs AB, Materialize NV, Melrose Industries PLC, Sumitomo Electric Industries, Ltd., and Hitachi Chemical Co., Ltd.

Acquisitions/Technology Launches

In May 2019, Epson Atmix Corp. installed a new production line at its Kita-Inter Plant in Japan for producing amorphous alloy powder. The company invested around ¥800 million (USD 7.43 million) for the installation of a new line and it plans to further increase its production capacity in stages and reach 6,000 tons per year by 2023.

In October 2019, GKN Powder Metallurgy a leading metal powder and parts manufacturers acquired specialist polymer 3D printing service provider Forecast 3D. The acquisition presents a significant expansion of GKN powder metallurgy’s additive capabilities.

Relevant Reports

Powder Coatings Market — Forecast (2021–2026)

Report Code: CMR 0113

Ferromanganese Market — Forecast (2021–2026)

Report Code: CMR 0382

For more Chemicals and Materials Market reports, please click here

#PowderMetallurgy #Metalworking #AdvancedManufacturing #PowderMetals #AdditiveManufacturing #MetalPowder #IndustrialMaterials

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logisticsupdateafrica · 2 years ago

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#Aero Africa #Absolom Ngari #Airline Partnerships

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energyandpowertrends · 2 months ago

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Gas Turbine MRO Market: Enhancing Efficiency and Lifecycle Management

The Gas Turbine MRO Market size was valued at USD 14.8 billion in 2023 and is expected to grow to USD 19.33 billion by 2032 with an emerging CAGR of 3.4% over the forecast period of 2024–2032.

Market Overview

The gas turbine MRO market encompasses a range of services including maintenance, repair, and overhaul of gas turbines used in power generation and aviation applications. With a growing focus on reliability and efficiency, industries are investing in MRO solutions that leverage advanced technologies and data analytics to predict and mitigate potential failures.

Recent advancements in turbine design and materials have led to the development of more efficient and durable gas turbines. However, as these machines become more sophisticated, specialized MRO services are needed to maintain their performance and reliability over time.

Key Market Drivers

Rising Global Energy Demand: The increasing need for electricity, particularly in emerging economies, is driving the demand for efficient and reliable gas turbine operations.

Focus on Operational Efficiency: Companies are seeking to optimize their assets’ performance, leading to greater investments in MRO services to ensure minimal downtime and peak efficiency.

Technological Advancements: Innovations in gas turbine technology are necessitating specialized MRO services to address the complexities of modern turbine systems.

Aging Infrastructure: Many existing gas turbines are nearing the end of their operational life, creating a significant demand for refurbishment and upgrade services.

Regulatory Compliance: Increasing environmental regulations require operators to ensure their turbines meet stringent emissions standards, often necessitating upgrades and maintenance.

Market Segmentation

The Gas Turbine MRO Market can be segmented by type, service, application, and region.

By Type

Frame Gas Turbines: These are commonly used in power generation and require specialized MRO services due to their complexity and size.

Aero-derivative Gas Turbines: Typically used in aviation and for power generation, these turbines require unique maintenance strategies focused on their operational characteristics.

By Service

Maintenance: Routine checks and servicing to ensure optimal performance and longevity.

Repair: Addressing specific issues that may arise during operation, including mechanical failures or component replacements.

Overhaul: Comprehensive services that restore turbines to like-new condition, including extensive inspections, refurbishments, and parts replacements.

By Application

Power Generation: Gas turbines are widely used in power plants, and MRO services are essential for maintaining efficiency and compliance with regulatory standards.

Aviation: Turbines in aircraft require specialized MRO services to ensure safety and reliability during operations.

Industrial Applications: Various industries utilize gas turbines for power and process heat, necessitating ongoing maintenance and support.

Regional Analysis

North America: The largest market, driven by the presence of major gas turbine manufacturers and a well-established power generation infrastructure.

Europe: Increasing investments in renewable energy sources and stringent environmental regulations are boosting demand for efficient gas turbine operations.

Asia-Pacific: Rapid industrialization and growing energy demands in countries like China and India are leading to increased investments in gas turbine MRO services.

Latin America: Emerging economies are focusing on expanding their power generation capacity, driving demand for gas turbine maintenance and support services.

Middle East & Africa: Investments in oil and gas infrastructure and power generation are supporting market growth in this region.

Current Market Trends

Digital Transformation: The integration of IoT and predictive analytics is revolutionizing MRO services, enabling real-time monitoring and proactive maintenance strategies.

Focus on Sustainability: As environmental regulations tighten, MRO services are adapting to help gas turbines operate more efficiently and with lower emissions.

Collaborative Partnerships: Manufacturers and service providers are increasingly collaborating to offer integrated MRO solutions that enhance efficiency and reliability.

Growing Preference for Upgrades Over Replacement: Many operators are opting to upgrade existing turbines rather than invest in new units, driving demand for refurbishment services.

Emphasis on Skill Development: With technological advancements, there is a growing need for skilled technicians who can handle complex MRO processes.

Conclusion

The Gas Turbine MRO Market is expected to witness significant growth over the forecast period, supported by rising energy demands, advancements in turbine technology, and a focus on operational efficiency. As industries continue to prioritize reliability and sustainability, MRO services will play a critical role in ensuring gas turbines operate at peak performance.

Read Complete Report Details of Gas Turbine MRO Market: https://www.snsinsider.com/reports/gas-turbine-mro-market-2881

About Us:

SNS Insider is a global leader in market research and consulting, shaping the future of the industry. Our mission is to empower clients with the insights they need to thrive in dynamic environments. Utilizing advanced methodologies such as surveys, video interviews, and focus groups, we provide up-to-date, accurate market intelligence and consumer insights, ensuring you make confident, informed decisions.

Contact Us: Akash Anand — Head of Business Development & Strategy [email protected] Phone: +1–415–230–0044 (US) | +91–7798602273 (IND)

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upgamingads · 3 months ago

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Upgaming’s Mini Games Now Available on QTech’s Game Distribution Platform

Upgaming, a leading Enterprise iGaming solution provider, has inked an agreement with QTech Games, the well-known game distributor across emerging markets, to ensure that its mini games go live on the latter company's distribution platform.

With this latest agreement, more than 20 of Upgaming's top-performing mini games have entered the broad reach maintained by QTech. Mini games by Upgaming are known to be very easy-to-play and entertaining. They have gained success in the Europ[ian and LatAM market, especially their two most demanded games: Chicken and Dino. These two games alone reached significant growth in 2023, expanded to more than 600 operator platforms, and provided an experience worth coming back for.

Besides, AERO—an award-winning crash game by Upgaming that took the "Best Crash Game of 2023" award at the SiGMA Europe—and new hits like SpeedX and Doors are also on QTech's game platform to further broaden its offering.

The integration of mini games developed by Upgaming will further diversify QTech's portfolio, adding to the strong lineup of slot games, live casino offerings, and instant-win games. This well-known game distributor will be able to offer more varied, fresh, and exciting content with the mini games provided by Upgaming, making operators in emerging markets attracted to the variety in their game content portfolio.

In return, bringing the aforementioned deal into being allows Upgaming to expand into new markets in emerging regions like Asia and Africa. With QTech's far-reaching distribution, new players will be introduced to these mini games from Upgaming, creating and increasing the brand awareness in the untapped markets.

Philip Doftvik, Chief Executive Officer at QTech Games, said: “With innovative content such as their quick-fire mini games, adding Upgaming was an obvious value add to our platform. Those games are a perfect fit for players searching for fast and fun action. Altogether, we are always raising the bar high and setting new experiences for global players. We can't wait for the outcome of how these games will perform across a wide diversity of untapped markets, which in many aspects are new territories for Upgaming.”

George Davlianidze, Commercial Director of Upgaming, said: “By bringing our mini games to QTech Games' platform, we're reaching new players in key emerging markets like Asia and Africa. Our games, with their fast-paced engagement and entertaining value, perfectly complement QTech's content portfolio. We are looking forward with great enthusiasm to see the positive impact this collaboration will bring.”

The new partnership of Upgaming and QTech is an exciting move within the iGaming space, showcasing both companies as high-drive gaming experiences. This collaboration promises the best from both companies Combining their strengths to bring players and operators an enhanced gaming experience.

Read the original article here - Upgaming’s Mini Games Are Available on QTech’s Game Distribution Platform

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aerospaceanddefensee · 3 months ago

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The Ascending Aerostat Market: A Comprehensive Analysis

The aerostat market is surging, incorporating its high diversity of airborne platforms such as airships, blimps, and tethered balloons, driven by the combination of technological breakthroughs with growing demand across various fields. Aerostats have benefits toward surveillance and communications, scientific research, and even advertising, thereby offering unique advantages over traditional aircraft as well as drones.

The aerostat market is expected to rise from US$ 8.45 billion in 2023 to US$ 16.70 billion by 2031, at a CAGR of 8.9% during the forecast period of 2023–2031.

Market Dynamics

Key Drivers

Improved Surveillance Capabilities: Aerostats are used for persistent, wide-area surveillance for border security, disaster management, and law enforcement purposes.

Telecommunications Infrastructure: The equipment can be used for rapid or permanent installation of the telephone network in sparsely populated or disaster-hitting areas.

Scientific Research: The Aerostat is put to practical applications for atmospheric and climatic studies and space explorations. Advertising and Marketing: Aerostats offers an adventurous and glamorous way of showing brands and products.

Market Restraints

Adverse weather factors could increase the sensitivity of operating such aerostats which in turn include strong winds along with heavy rains.

High Upfront Investment: Building and launching aerostat systems demand a lot of upfront investment.

Strict Airspace and Aviation Safety Regulations: Aerostat operations are bound by regulations that regulate airspace and ensure aviation safety.

Market Segmentation

By Product Type

Airships

Balloons

Hybrid Aerostat

HAPS

By Payload

Surveillance Radar

Navigation System

Communication Relays

By Application

Military and Commercial

By Region

North America

Europe

Asia-Pacific

South and Central America

Middle East and Africa

Key Players

Aero

Allsopp Helikites Ltd

ILC Dover

Israel Aerospace Industries Ltd

Lindstrand Technologies Inc

Lockheed Martin Corporation

Raven Industries Inc

Raytheon Company

Future Outlook

Aerostat Market to grow with immense momentum ahead, considering the developments and advancements in technology, raising demand for surveillance and communication solutions, and the newer applications that are coming along. Key trends to keep an eye on include AI and IoT integration - integration of artificial intelligence and Internet of Things will further empower aerostats by giving advanced data analysis capabilities and autonomous operation.

Hybrid Airships- Incorporating into the airships the advantages of aircraft for improved performance and efficiency.

Increased Use in Renewable Energy: Aerostats can carry heavy elements of renewable energy projects to reduce transportation costs while saving the environment.

Conclusion-

The aerostat market is dynamic and highly evolving. With the help of technological advancement and overcoming regulatory challenges, this industry is very well poised to play a critical role in the future of aviation and aerospace. Frequently Asked Questions-

Which is the largest regional market for Aerostat?

Ans: - North America is the largest regional market for Aerostat.

Which companies have the maximum share in the Aerostat market?

Ans: - Aeros, Allsopp Helikites Ltd, ILC Dover, Israel Aerospace Industries (IAI), Lindstrand Technologies Limited, Raven Industries Inc, Raytheon Technologies Corporation, Lockheed Martin Corporation, RT, and TCOM LP are some top companies that hold maximum market shares.

What is the growth rate expected for this market during the period from 2023 to 2031?

Ans: - The Aerostat market is expected to grow at a growth rate of 8.9% during the forecast period.

How big is the Aerostat market?

Ans: - The global market size for Aerostat reached US$ 8.45 billion in 2023 and is expected to reach US$ 16.70 billion by 2031.

What are the different segments in the Aerostat market?

Ans: The Aerostat market is segmented into Product Type, Payload, Application, and region.

About Us-

The Insight Partners is among the leading market research and consulting firms in the world. We take pride in delivering exclusive reports and sophisticated strategic and tactical insights into the industry. Reports are generated through a combination of primary and secondary research, solely aimed at giving our clientele a knowledge-based insight into the market and domain. This is done to assist clients in making wiser business decisions. A holistic perspective in every study undertaken forms an integral part of our research methodology and makes the report unique and reliable.

#aerostat #aerospace and defense industry #aerospace industry

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harshnews · 3 months ago

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Gas Turbine Services Market Size, Share, Demand, Future Growth, Challenges and Competitive Analysis

"Global Gas Turbine Services Market – Industry Trends and Forecast to 2028

Global Gas Turbine Services Market, By Type (Heavy Duty, Industrial and Aero-Derivative), Capacity Outlook (<100 MW, 100 to 200 MW and >200 MW), Services (Maintenance, Repair, Spare Parts Supply and Overhaul), End User (Power Generation, Oil & Gas and Other Industrial), Service Provider (OEM, and NON-OEM), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028

Access Full 350 Pages PDF Report @

**Segments**

- **Service Type**: The gas turbine services market can be segmented based on the type of services offered which include maintenance, repair, overhaul, and installation services. Maintenance services involve routine checks and inspections to ensure the optimal performance of gas turbines. Repair services focus on fixing issues and replacing faulty components to maintain operational efficiency. Overhaul services involve a comprehensive inspection and refurbishment of gas turbine components to extend their lifespan. Installation services are offered during the setup of new gas turbines or the relocation of existing ones.

- **Turbine Capacity**: Another key segmentation factor is based on the turbine capacity, which includes classifications such as heavy-duty turbines and aeroderivative turbines. Heavy-duty turbines are designed for industrial applications requiring higher power outputs and longer operational durations. Aeroderivative turbines, on the other hand, are derived from aircraft engines and are more compact and suitable for decentralized power generation applications.

- **End-User Industry**: The gas turbine services market can also be segmented by end-user industry, with major sectors including power generation, oil & gas, aerospace, marine, and others. The power generation sector is a significant consumer of gas turbine services due to the widespread use of gas turbines in electricity production. The oil & gas industry utilizes gas turbines for various applications such as compressor stations and offshore platforms. The aerospace and marine sectors also rely on gas turbines for propulsion and power generation.

**Market Players**

- **General Electric Company**: As a leading player in the gas turbine services market, General Electric Company offers a comprehensive range of maintenance, repair, and overhaul services for gas turbines used in various industries. The company's expertise in turbine technology and diagnostics has positioned it as a top choice for customers seeking reliable service solutions.

- **Siemens AG**: Siemens AG is another prominent market player known for its advanced gas turbine services that focus on enhancing performance and efficiency. The company's service offerings include predictive maintenance, remote monitoring, and digital solutions aimed at optimizing turbine operations and reducing downtime.

- **MitsThe gas turbine services market is witnessing significant growth and evolution driven by the increasing demand for efficient and reliable energy solutions across various industries. One of the key trends shaping the market is the rising focus on predictive maintenance and digital solutions to optimize turbine performance and reduce operational downtime. Market players such as General Electric Company, Siemens AG, and Mitsubishi Hitachi Power Systems are at the forefront of developing innovative service offerings to meet the evolving needs of customers in the gas turbine services sector.

In recent years, there has been a notable shift towards a more proactive approach to maintenance, with a growing emphasis on predictive analytics and remote monitoring technologies. These advanced solutions enable operators to monitor the health and performance of gas turbines in real-time, allowing for early detection of potential issues and efficient maintenance planning. By leveraging data analytics and digital tools, service providers can offer customized maintenance schedules and recommendations to enhance turbine efficiency and reliability.

Another key trend driving the gas turbine services market is the increasing adoption of eco-friendly and sustainable practices in energy production. As the focus on reducing carbon emissions and environmental impact intensifies, there is a growing demand for retrofitting existing gas turbines with advanced technologies to improve efficiency and lower emissions. Market players are investing in research and development initiatives to develop cleaner and more efficient combustion technologies, as well as offering retrofit solutions to help customers meet stringent environmental regulations.

Furthermore, the market is witnessing a shift towards integrated service offerings that encompass not only maintenance and repair services but also consultancy, training, and spare parts supply. Customers are increasingly looking for comprehensive service solutions that address their specific needs and challenges, driving market players to expand their service portfolios and enhance their value propositions. By offering integrated service packages, companies can build long-term relationships with customers and create additional revenue streams in the highly competitive gas turbine services market.

Overall, the gas turbine services market is poised for continued growth and innovation as industry players continue to invest in technology development, predictive maintenance solutions, and sustainable practices. With the increasing demand for efficient and reliable energy solutions across sectors such**Segments:**

- **Service Type**: - Maintenance - Repair - Overhaul - Installation services

- **Turbine Capacity**: - Heavy-duty turbines - Aeroderivative turbines

- **End-User Industry**: - Power generation - Oil & gas - Aerospace - Marine

**Global Gas Turbine Services Market**:

The global gas turbine services market is experiencing growth fueled by the demand for efficient energy solutions across various industries. Market players like General Electric Company, Siemens AG, and Mitsubishi Hitachi Power Systems are innovating service offerings to meet evolving customer needs. A key trend is the shift towards predictive maintenance and digital solutions for optimizing turbine performance and reducing downtime. The focus on eco-friendly practices is driving the adoption of advanced technologies to enhance efficiency and lower emissions in gas turbines.

The market is witnessing a proactive maintenance approach with the use of predictive analytics and remote monitoring to detect issues early and plan maintenance efficiently. Market players are investing in developing cleaner combustion technologies and offering retrofit solutions to align with stringent environmental regulations. Integrated service offerings are gaining traction, encompassing maintenance, repair, consultancy, training, and spare parts supply to provide comprehensive solutions for customers. This trend helps in building lasting customer relationships and creating additional revenue streams.

Overall, the gas turbine services market is set for growth as companies invest in technology development, predictive maintenance, and sustainability practices. The market outlook is positive as the demand for reliable energy

Highlights of TOC:

Chapter 1: Market overview

Chapter 2: Global Gas Turbine Services Market

Chapter 3: Regional analysis of the Global Gas Turbine Services Market industry

Chapter 4: Gas Turbine Services Market segmentation based on types and applications

Chapter 5: Revenue analysis based on types and applications

Chapter 6: Market share

Chapter 7: Competitive Landscape

Chapter 8: Drivers, Restraints, Challenges, and Opportunities

Chapter 9: Gross Margin and Price Analysis

Key Questions Answered with this Study

1) What makes Gas Turbine Services Market feasible for long term investment?

2) Know value chain areas where players can create value?

3) Teritorry that may see steep rise in CAGR & Y-O-Y growth?

4) What geographic region would have better demand for product/services?

5) What opportunity emerging territory would offer to established and new entrants in Gas Turbine Services Market?

6) Risk side analysis connected with service providers?

7) How influencing factors driving the demand of Gas Turbine Servicesin next few years?

8) What is the impact analysis of various factors in the Global Gas Turbine Services Market growth?

9) What strategies of big players help them acquire share in mature market?

10) How Technology and Customer-Centric Innovation is bringing big Change in Gas Turbine Services Market?

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#Gas Turbine Services Market

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shubhampawrainfinium · 4 months ago

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Aero-engine Coatings: Enhancing Performance and Longevity in Aviation

The global aero-engine coating market is poised for steady growth, reflecting the increasing demand for advanced coatings that enhance the performance and durability of aero-engines. According to the report, the market is projected to grow at a compound annual growth rate (CAGR) of 5.5% over the forecast period from 2022 to 2028. Valued at approximately USD 54 billion in 2022, the market is expected to reach nearly USD 75 billion by 2028.

What are Aero-Engine Coatings?

Aero-engine coatings are specialized materials applied to the surfaces of engines to protect against various forms of degradation, including corrosion, thermal fatigue, and wear. These coatings play a critical role in enhancing the efficiency and lifespan of aero-engines, thereby improving overall aircraft performance. Key types of coatings include thermal barrier coatings (TBCs), corrosion-resistant coatings, and environmental barrier coatings (EBCs).

Get Sample pages of Report: https://www.infiniumglobalresearch.com/reports/sample-request/5061

Market Dynamics and Growth Drivers

The growth of the global aero-engine coating market is influenced by several key factors:

Rising Air Traffic: The growing number of air passengers and cargo transport has led to increased aircraft production and, consequently, a higher demand for aero-engine coatings. As global air travel continues to expand, the need for efficient and durable engines becomes critical.

Technological Advancements: Innovations in coating technologies, including the development of advanced materials and application methods, are enhancing the performance and effectiveness of aero-engine coatings. Technologies such as additive manufacturing and plasma spraying are paving the way for better coating solutions.

Focus on Fuel Efficiency: As airlines and manufacturers prioritize fuel efficiency to reduce operational costs and environmental impact, the demand for high-performance coatings that improve engine efficiency and thermal performance is rising.

Increased Defense Spending: The defense sector's demand for advanced military aircraft is boosting the aero-engine coating market. Modern military engines require high-performance coatings to withstand extreme operational conditions.

Regulatory Standards: Stringent environmental regulations and performance standards are driving manufacturers to adopt advanced coatings that meet these requirements. Compliance with regulations is essential for maintaining market competitiveness.

Regional Analysis

North America: The North American market is a leader in aero-engine coatings, supported by the presence of major aerospace manufacturers and a robust defense sector. The U.S. is the largest market, driven by advancements in technology and a focus on performance improvement.

Europe: Europe is home to significant aerospace manufacturing companies, including Airbus and Rolls-Royce. The region's focus on innovation and sustainability in aviation contributes to the demand for advanced aero-engine coatings.

Asia-Pacific: The Asia-Pacific region is witnessing rapid growth in the aero-engine coating market, driven by increasing aircraft production in countries like China and India. The region's expanding aviation industry and rising air travel are key growth factors.

Latin America and Middle East & Africa: These regions are gradually increasing their investments in aviation, creating opportunities for growth in the aero-engine coating market. The Middle East, in particular, is seeing a rise in airline fleets and infrastructure development.

Competitive Landscape

The aero-engine coating market is characterized by a competitive landscape with several key players, including:

Honeywell International Inc.: A major provider of aerospace products and services, including high-performance coatings for aero-engines.

Zircon Corporation: Specializes in thermal barrier and protective coatings, focusing on improving engine efficiency and lifespan.

Chromalloy Gas Turbine LLC: Offers a range of coatings and repair services for aero-engines, emphasizing performance and durability.

APPLIED® Materials, Inc.: Provides advanced materials and coating solutions for the aerospace industry, including eco-friendly options.

Meggitt PLC: A global engineering group that offers a variety of aerospace components, including coatings for high-performance engines.

Report Overview : https://www.infiniumglobalresearch.com/reports/global-aero-engine-coating-market

Challenges and Opportunities

While the aero-engine coating market presents significant growth opportunities, it also faces challenges such as fluctuating raw material prices and the need for continuous innovation to meet evolving industry demands. Companies must invest in research and development to create coatings that enhance performance while adhering to environmental standards.

The focus on sustainable aviation and eco-friendly materials is creating new avenues for growth. Manufacturers that invest in developing green technologies and sustainable practices are likely to gain a competitive advantage in the market.

Conclusion

The global aero-engine coating market is set to experience robust growth, with revenue expected to reach nearly USD 75 billion by 2028. Driven by rising air traffic, technological advancements, and a focus on fuel efficiency, the market presents significant opportunities for innovation and investment. As the aerospace industry evolves, aero-engine coatings will play a critical role in enhancing performance, durability, and sustainability in modern aviation.

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shrutirathi226 · 5 months ago

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Innovative Use Cases for Autonomous Underwater Vehicles Market in Scientific Research

Introduction to Autonomous Underwater Vehicle (AUV) Market

The Autonomous Underwater Vehicle (AUV) market is a rapidly growing sector within the marine technology industry, driven by advancements in robotics, artificial intelligence, and underwater sensor technologies. AUVs are unmanned, self-propelled devices designed for underwater exploration and data collection, crucial for scientific research, military applications, and commercial purposes such as oil and gas exploration. The market is expanding due to increasing demand for deep-sea exploration, improved environmental monitoring, and enhanced security measures. Key players are focusing on innovation and collaboration to meet the diverse needs of end-users, creating a dynamic and competitive market landscape.

Market overview

The Autonomous Underwater Vehicle (AUV) Market is Valued USD 1.5 billion by 2024 and projected to reach USD 10.3 billion by 2032, growing at a CAGR of 23.90% During the Forecast period of 2024–2032.This growth is driven by increasing applications in scientific research, military operations, oil and gas exploration, and environmental monitoring.

Access Full Report : https://www.marketdigits.com/checkout/3504?lic=s

Major Classifications are as follows:

By AUV Shape:

Torpedo Shape

Cylindrical/Hydrodynamic Shape

Bio-inspired AUVs

Gliders

Blimp Shape

Hybrid AUVs

Others

By Depth Rating:

Up to 1,000 m

Up to 3,000 m

Up to 6,000 m

By Propulsion System:

Battery Powered

Fuel Cell Powered

Hybrid

By AUV Speed:

Up to 4 Knots/Hour

4–12 Knots/Hour

Above 12 Knots / Hour

By Application:

Commercial Applications

Seabed Mapping and Imaging

Geophysical Site Inspection

Pipeline and Subsea Structure Inspection

Oceanographic Surveys

Environmental Monitoring

Marine Geological Survey

Search Operations

Other

Defence Applications

Mine Countermeasures — MCM

Rapid Environmental Assessment — REA

Intelligence, Surveillance and Reconnaissance — ISR

Key Region/Countries are Classified as Follows: ◘ North America (United States, Canada, and Mexico) ◘ Europe (Germany, France, UK, Russia, and Italy) ◘ Asia-Pacific (China, Japan, Korea, India, and Southeast Asia) ◘ South America (Brazil, Argentina, Colombia, etc.) ◘ The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)

Major players in Autonomous Underwater Vehicle (AUV) Market:

Aquabotix Corporation, Atlas Elektronik GmbH (AEG), BAE Systems, ECA Group (Exail Technologies), Forum Energy Technologies, Inc., General Dynamics Mission Systems, Inc., Huntington Ingalls Industries (HII), International Submarine Engineering Ltd. (ISE), IQUA Robotics, KONGSBERG, L3Harris Technologies, Inc., Lockheed Martin Corp, Marine Sonic Technology, Ocean Aero, Inc., RTSYS, Saab, Saipem, Subsea Tech, Teledyne Technologies Incorporated, Xylem and Others.

Market Drivers in Autonomous Underwater Vehicle (AUV) Market:

Technological Advancements: Innovations in robotics, artificial intelligence, and underwater sensors are enhancing Autonomous Underwater Vehicle Market capabilities, making them more efficient and versatile.

Increased Exploration Activities: Growing interest in deep-sea exploration and marine research is driving demand forAutonomous Underwater Vehicle capable of operating in extreme underwater environments.

Oil and Gas Industry: The need for advanced underwater inspection and monitoring in the oil and gas sector is boosting AUV adoption for tasks such as pipeline inspections and resource mapping.

Market challenges in Autonomous Underwater Vehicle (AUV) Market:

High Development Costs: The advanced technology and materials required for Autonomous Underwater Vehicle Market lead to high initial development and production costs, which can be a barrier to entry for some players.

Technical Limitations: Autonomous Underwater Vehicle must operate in harsh and unpredictable underwater environments, which can pose technical challenges related to durability, battery life, and data transmission.

Regulatory Hurdles: Navigating international and regional regulations related to underwater operations and environmental protection can be complex and time-consuming.

Market opportunities in Autonomous Underwater Vehicle (AUV) Market:

Enhanced Data Collection: There is growing demand for Autonomous Underwater Vehicle that can collect high-resolution data for scientific research, environmental monitoring, and resource exploration, opening opportunities for advanced sensor integration.

Commercial Exploration: The oil and gas sector continues to seek efficient solutions for underwater exploration and infrastructure inspection, creating opportunities for specialized Autonomous Underwater Vehicle Market applications.

Military and Defense Upgrades: There is a significant opportunity to develop Autonomous Underwater Vehicle with advanced capabilities for defense applications, such as surveillance, mine detection, and underwater reconnaissance.

Future trends in Autonomous Underwater Vehicle (AUV) Market:

Increased Autonomy: Advances in artificial intelligence and machine learning will enhance Autonomous Underwater Vehicle Market ability to operate independently, navigate complex underwater environments, and perform tasks with minimal human intervention.

Advanced Sensor Integration: The integration of cutting-edge sensors and imaging technologies will improve Autonomous Underwater Vehicleability to collect detailed environmental data, conduct high-resolution mapping, and perform complex analysis.

Energy Efficiency: Development of more efficient battery technologies and alternative power sources, such as energy harvesting systems, will extend the operational duration and range of Autonomous Underwater Vehicle.

Conclusion:

The Autonomous Underwater Vehicle (AUV) market is poised for significant growth, driven by technological advancements, increased demand for marine exploration, and environmental monitoring. Despite challenges like high development costs and technical limitations, opportunities abound in enhanced data collection, military applications, and emerging markets. Future trends indicate a move towards greater autonomy, advanced sensor integration, and improved energy efficiency. As Autonomous Underwater Vehicle continue to evolve, they will play a pivotal role in scientific research, commercial ventures, and environmental protection, shaping the future of underwater exploration and technology.

#Autonomous Underwater Vehicle (AUV) Market deman #dAutonomous Underwater Vehicle (AUV) Market share #Autonomous Underwater Vehicle (AUV) Market size #Autonomous Underwater Vehicle (AUV) Market trend

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