Global aircraft seating market size has witnessed considerable expansion in the recent decades on account of increased air travel, innovation in seating design and ambitious expansion goals of airlines. Airlines have also been increasing the demand for aircrafts where seats are narrower and closer together so that more passengers can be accommodated on each flight.
Recently, a lawsuit was raised against the Federal Aviation Administration about the closeness of seats and the risk this poses to passenger safety in case of an emergency evacuation. But the agency found that evacuation risk is caused by the width of the exit rather than closeness of seats and therefore no regulations have been imposed on the tightening width or proximity of seats on airplanes. Airlines have registered record levels of profitability in recent years due to more seats per plane and also due to greater percentage of seats being occupied, which has substantially raised aircraft seating market share.
U.S. Aircraft Seating Market, By Class, 2018 & 2025, (USD Million)
As air travel becomes more affordable and convenient, with a burgeoning number of travelers choosing to fly instead of availing other modes of transportation, commercial airlines are seeking ways to increase their revenue. Services which were previously included with the air fare are therefore now being charged separately and aircraft seating capacity is being increased to accommodate more passengers per flight.
The global aircraft seating market trends is highly influenced by the rising passenger traffic and aircraft seating manufacturers are coming up with new designs that will have a substantial impact on the industry revenue. For instance, the Italian aircraft seat manufacturer Aviointeriors recently designed and demonstrated its saddle seats named SkyRider 2.0 with high backs and narrow seats. The seats are so designed to help increase airline seat numbers and achieve ultra-high density.
The new types of airline seats offer many benefits to airlines. Not only do they increase profits for airline companies by 20% but they are made to be 50% lighter than standard economy class seats thus enabling minimization of maintenance costs. The seats are being designed for short haul flights so as not to be too inconvenient to passengers who are becoming increasingly apprehensive with the trend of narrow seats and less leg room. However, the aircraft seating industry is also catering to the increased demand for luxury with a lie-flat seat.
Lie-flat seats had been available in premium cabins of many long-haul flights and on some Airbus A330 aircrafts. Airbus and French aircraft seat manufacturer Zodiac Aerospace have taken that idea further and are trying to introduce lie-flat berths in the A330 cargo compartment. Airbus and Zodiac are partnering to develop lower-deck modules that will be equipped with passenger sleeping berths fitted inside the aircraft’s cargo compartments. The modules will be beneficial to passengers on long haul flights such as from U.S. and Europe to Australian destinations.
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Of late, the demand for narrow body fixed wing segment has been depicting a commendable rise. This can be attributed to the rising requirement of low-cost air carriers worldwide. Not to mention, the excellent fuel economy in tandem with higher operational efficiency alongside robust enhancements in high wing load capacities will further impel narrow body fixed wing aircraft seating market share. As per estimates, narrow body fixed wing aircraft seating market size will depict the witness highest CAGR over the forecast timeline.
Aircraft seat manufacturers are aiming to design more seats that combine comfort with light weight so that not only the airlines, but the passengers are benefitted as well. For instance, at a recent Aircraft Interiors Expo, Recaro, the aircraft seat manufacturing giant presented new seat designs for economy class as well as concept seats for business class that amalgamate comfort with light weight. The seats are deigned to improve sleeping comfort on board and come up with features to improve body posture, reduce pressure points and allow changing of sleeping positions.
Increased drive for innovation in the aircraft industry will strengthen the case for revolutionizing seats in aircrafts in the years to come. As per estimates, aircraft seating industry size is anticipated to cross USD 18 billion by 2025.
Author Name : Paroma Bhattacharya
Intensifying demand for glass, cement, steel etc. in regions like APAC and MEA is anticipated to expand refractories market size over 2019-2025. The amplifying development of infrastructure is credited for expansive demand of such materials and is contributing towards increase in refractories market share.
Increasing public and private expenditure in developing countries in APAC region for development of infrastructure has created a massive scope for transforming refractories market outlook due to the indispensable usage of iron and steel furnace in numerous infrastructure projects. Currently, developing economies in the APAC region annually invest an estimated $881 billion in infrastructure.
U.S. Refractories Market Size, by end-user, 2014-2025 (USD Million)
Multilateral development banks such as Asian Development Bank have a crucial role to play in private and public sector infrastructure financing. ADB will apparently be scaling up its operations by 50% to over $20 billion in 2020. Approximately 70% of the total amount will be utilized for sovereign and non-sovereign infrastructure investment.
Three of the five countries with the greatest infrastructure need are in Asia (China, Japan and India). These countries account for 39% of global infrastructure investment requirements. China alone has been predicted to need $28 trillion in infrastructure investment, which is more than half of Asia’s total needs and 30% of global needs. Infrastructure growth will also boost global demand for steel. In 2016, steel demand in China accounted for around 45% of global steel demand. China refractories market trends are expected to depict substantial transformation owing to the growing need of steel.
Increasing rate of infrastructure development will drive the demand for cement which will add impetus to refractories industry outlook. Initial evaluations suggest that cement production reached 4.1 gigatons globally in 2018. The largest producer of cement, China, has accounted for nearly 60% of global production, followed by India at 7%.
Among the various types of refractories for iron, steel and glass, monolithic refractories offer an advantage of reduced installation time because they can be applied while a furnace is hot. Monolithic refractories industry is expected to witness gains of 3.9% over 2019-2025. Monolithic refractory products are less price sensitive than commodity-type refractories because they tend to be application-specific and more influenced by technical considerations. Owing to the several advantages offered by monolithic refractories, the revenue share of the refractories market is going to witness a rise over the forecast period.
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Increased glass production will positively influence monolithic refractories industry as they find considerable application in cement, glass and ceramic sectors. Apart from construction, wine consumption has greatly contributed to the demand for glass. In the U.S., wine bottles sold had amounted to over $4.3 billion in value, in 2018 and sales are forecast to increase by 14% by the year 2022. In this context, North America refractories market will show exponential growth due to increasing consumption of wine and production of glass bottles.
Glass manufacturers worldwide are toiling to expand their footprint and increase production adding stimulus to refractories market share. Recently, glass and mirror manufacturer Saint-Gobain has launched its latest flat glass production line (float) in Sriperumbudur, near Chennai, India, with an investment of €115 million. It also complements industrial glass facilities of Saint-Gobain in India, which include a float in Bhiwadi (Rajasthan) and another in Jhagadia (Gujarat).
With successful global operations, Saint-Gobain has reportedly performed well in Middle East region as well and plans to expand its business there. This was depicted by the company when in it extended its partnership with KIMMCO, a regional leader in the insulation sector. KIMMCO has a glass wool manufacturing plant in Shuaiba-Kuwait. The joint venture had reported total sales of 24 million Kuwaiti dinars (around €70 million) in the year 2016, selling in Kuwait and in the Middle East.
Refractories companies expanding their businesses in Middle East are likely to drive the revenue share of refractories industry in the region. Middle East and Africa refractories market is estimated to grow by 3.6% over 2019-2025. Strengthening political stability along with enormous infrastructure spending in MEA are going to play constructive roles in the growth of refractories industry in the region.
Escalating infrastructure development has been noted to be pivotal for refractories market size expansion. Growing production and demand of glass, cement and steel will substantially help the refractories industry to thrive. According to a research report by Global Market Insights Inc., refractories market is forecast to surpass $41 billion by 2025.
Author Name : Anchal Solanki
The increasing awareness among car manufacturers and regulators about the need of vehicle safety systems has been fueling occupant classification system market. Increasing prevalence of road accidents and growing number of fatalities associated with them is one of the major factors accelerating industry trends. According to the World Health Organization (WHO), road accidents are the major cause of deaths across the globe accounting nearly 1.25 million mortalities per year.
U.S. occupant classification system market size, by product, 2018 & 2025 (USD Million)
Though vehicle manufacturers have integrated air bags in vehicles for safety purpose, they do not provide total security. As per the National Highway Traffic Safety Administration, since 1990, around 300 people have lost their lives due to airbag impact, majorly due to the over sensitive airbag system. Most of the casualties were among children or people of short height who were found to be occupying the front seats. Occupant classification system (OCS) identifies people occupying the passenger seat and regulates airbags on/off switch.
Considering safety requirement, automakers have been equipping certain vehicles with innovative occupant classification systems. Growing development of sensor assisted OCS and its role to improve air bag system safety will help to expand the OCS market size over the years ahead. According to a research report by Global Market Insights, Inc., occupant classification system (OCS) market share is set to exceed USD 3 billion by 2025.
Ongoing advancements in sensor technology have been making the OCS highly accurate, fueling the future incorporation of OCS in the automobile sector. Growing research & development on other alternatives like 3D video cameras, optics-based system, and ultrasonic sensors is very likely to stimulate the occupant classification system market outlook over 2019-2025. For instance, a leading market player like ZF Friedrichshafen AG is working on developing the 3D interior observation system for occupant sensing.
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The U.S. and Europe have emerged as leading regional revenue pockets transforming occupant classification system market outlook. The strict regulatory scenario across these regions mandating the use of OCS is one of the prominent factors fueling regional growth. For the record, in the U.S., the National Highway Traffic Safety Administration (NHTSA) had deployed vehicle safety standards to mandate safety requirements for occupant’s protection. As a result, most of the automobile manufacturers like Ford, Chevrolet, Dodge, and Honda have started to integrate these systems in most of their mid-range & flagship models.
Speaking about Asian continent, the countries including India and China are poised to account for a significant business share, owing to the implementation of rules related to airbag safety. The deployment of such norms has promoted vehicle manufacturers to install OCS in economy class vehicles mainly across India. Improving standards of living in these countries will help fuel the regional car market and in turn will support the occupant classification system market landscape over the forecast period.
Though the OCS market is expected to register an appreciable growth rate, restraints comprising high price of OCS integrated vehicles and technological defects may hamper the market share. However, growing initiatives pertaining to new product development are slated to overcome the business restraints over the years ahead. In addition, the leading automakers like Honda and Hyundai have been adopting innovative installation technologies to curb the changes of airbag failure.
The consistently expanding automobile sector and the rising demand for passenger safety regulations across developing nations will drive the growth trends of occupant classification system industry. Growing emergence of collision repair services across the globe will further accelerate the product demand noticeably. Some of the market players in the occupant classification system (OCS) industry include Delphi Technologies, Aisin Seiki, Denso, Mayser, Flexpoint Sensor Systems, and Hyundai Mobis.
Author Name : Amol Kothekar
Automotive diagnostic scan tools market share is gaining immense traction owing to integration of modern electronic components and various innovative scanning devices being introduced for different purposes. With the advent of technological advancements and supportive policies to curb emissions, maintaining vehicle performance and ensuring maximum fuel efficiency has become more important than before. Car manufacturers, dealers, and suppliers are looking to add more electrical systems in vehicles to boost connectivity and ease performance adjustment, offering notable prospects for automotive diagnostic scan tools industry players.
Canada Automotive Diagnostic Scan Tools Market Revenue, By Vehicle Type, 2018 & 2025 (USD Million)
Major automakers have incorporated a vast amount of technologies into their products due to the shifting preferences of consumers from manual functions to hi-tech automated systems. Such transformations will ultimately advance automotive diagnostic methods for easily identifying problems and provide easy to operate interface to the consumers. More than 95.6 million vehicles had been produced in 2018 worldwide and the tremendous population of vehicles on road today will ensure consistent demand for automotive diagnostic scan tools industry over the years to come.
Today’s automobiles represent the most sophisticated electronic control units that are responsible for functions like infotainment control, automatic gear shifts and fuel injection. ECUs are also enabling advanced driver assistance technologies that meet consumer needs for convenience, comfort, and safety as well as improve performance and energy efficiency. Adoption of these technologies makes diagnosis of system failures or malfunction more difficult. Addressing these challenges, OEMs as well as their hardware and software partners will consistently seek developments in ECU diagnosis solutions, propelling automotive diagnostic scan tools market size.
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Over the past decade, the transportation sector has changed considerably owing to social trends, various converging market forces, and quick availability of auto and business finance. Apparently, the most transformative process which holds the potential to revamp the experiences for transport agencies and commuters is the inception of the Mobility-as-a-Service (MaaS). Automotive diagnostic scan tools will become a vital part of every-day operations of mobility providers as increasing penetration of MaaS is boosting the demand for commercial vehicles, which in turn will escalate diagnostic requirements.
Increasing potential for diagnostic tools can be understood from the fact that a developing country like India is anticipated to be a frontrunner in shared mobility by 2030. It projected that shared miles in the country will account for 35% of all the miles travelled in India and will further rise to 50% by 2040. Increase of shared mobility simultaneously gives rise to vehicle sales and strong customer demand for self-driving taxis in low-density locations. This network will open up a huge market for professional and DIY diagnostic scan tools, augmenting the regional industry trends.
Asia Pacific automotive diagnostic scan tools industry size is slated to witness a CAGR of around 8% over the projected period. The automotive manufacturing sector in the region is growing rapidly owing to an active push towards infrastructural development and growing industrialization, which has created plethora of opportunities for automobile OEMs. In addition, local OEMs are thriving with their in-depth understanding of regional consumers. Strategic advantages could certainly influence the ability of OEMs to place vital diagnostic solutions across dealerships, reinforcing automotive diagnostic scan tools market outlook over the forecast period.
The Bosch Group and Byton, an electric vehicle developer, had signed a strategic cooperation agreement in 2018 which was fully focused on driver assistance systems, braking systems, and powertrain technology. This partnership aimed to provide safe and steadfast electric mobility solutions to the consumers. Indeed, such collaborations will certainly benefit enterprises and represent the opportunities for automotive diagnostic scan tools industry from electric vehicle applications in the future.
Several prominent companies and manufacturers are augmenting the scope of their business by unveiling unique product portfolios equipped with the latest technologies. DG Technologies, Actia Group, Snap-on Incorporated, General Technologies Corp, Autel Intelligent Technology, BMW, Bosch Automotive Service Solutions, Delphi Automotive, Volkswagen and Volvo Group are some of the key players operating in the industry. Global Market Insights, Inc. has projected that automotive diagnostic scan tools market size will reach USD $49 billion by 2025.
Author Name : Deeksha Pant
Driven by the global prevalence of oral disorders coupled with the increasing demand for non-invasive treatments, dental laser market size is poised to attain massive impetus over the coming years. Oral ailments can lead to severe health conditions such as cardiovascular disease, pneumonia, diabetes, and endocarditis. Hence, rising concerns surrounding oral hygiene among the masses will favor dental laser market share over the forecast period.
U.S. Dental Laser Market, By Product, 2018 & 2025 (USD Million)
The socio-economic burden of periodontitis is likely to rise in the coming years. As a result countries are expected to implement some actions to reduce prevalence rate, which could transform dental laser market outlook in the future. The recent Global Burden of Disease Study indicates that severe periodontitis is the sixth-most prevalent disease globally.
Effective dental care, although important, is very expensive across several nations, depriving a huge part of the population from seeking proper dental measures. However, availability of government aid and insurance schemes which provide fast, convenient, and cost-effective treatment could encourage more individuals to avail dental laser treatments over the coming years. Implementation of value-based dental programs could encourage more patients to seek effective treatment for oral ailments, thereby boosting dental laser market share.
Increasing adoption of minimally invasive or non-invasive dental treatments will boost dental laser industry size in the forecast years. The field of laser dentistry offers the ability to cure severe oral diseases without surgeries. According to Lifetime Holistic Dental, lasers located inside the root canal system kill 10,000 times more bacteria compared to conventional root canal therapies. Moreover, lasers are known to stimulate healing of diseased or inflamed necrotic soft tissue within the infected gum pocket, which is also considered more comfortable compared to gum surgeries. These benefits will surge the preference for non-invasive dental procedures, which will augment global dental laser industry share.
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Adoption of advanced technologies like LiteTouch by Light Instruments would provide a huge push for the global dental laser market. For the uninitiated, LiteTouch is a user-friendly microsurgical dental laser system that is changing the face of dentistry worldwide. Several cities across the world are presently hosting basic courses to demonstrate the concepts of laser light along with an introduction to the numerous applications of LiteTouch. Increasing efforts to boost adoption of such technologies across major hospitals and clinics will further enhance the demand for dental laser treatments in the coming years.
The soft tissue dental laser segment held significant revenue share over the last few years and is expected to continue its growth trend in the succeeding years. This contribution can be attributed to the advantages of soft tissue dental lasers such as effective cutting and improved placement of contemporary restorative materials. Moreover, technological advancements will also aid in segmental growth. For instance, Biolase offers a wide range of Diode lasers including Epic Pro, Epic X, Epic 10, etc. which aid in better soft tissue control and bleeding. Increasing adoption of advanced-grade diode lasers will significantly impact soft tissue dental laser market trends.
Considering geographical development, the North America market is likely to emerge as a profitable regional ground, owing to the increasing pervasiveness of periodontal disease in the region. The Centers for Disease Control and Prevention’s data suggests that half of Americans aged 30 or more suffer from periodontitis. Furthermore, increasing demand for cosmetic dentistry will foster the demand for dental laser treatments in the region, thereby propelling the North America market.
Dental laser treatments are in high demand as they can effectively reduce the need for anesthesia and help relieve anxiety in patients uncomfortable with the use of dental drills. In addition, new innovations paired with government reforms would further proliferate the use of laser technology in dental procedures.
According to Global Market Insights, Inc., dental laser market is anticipated to be worth more than $640 million by the end of 2025.
Author Name : Krithika Krishnan
Technological advancements and growing applications of drones in healthcare sector will provide stimulus to medical drones market. Healthcare organizations are developing drones with diagnostic imaging capabilities that will be capable of assessing health conditions of patients located in remote areas with the deployment of telemedicine technology.
Drones cater to urgent needs of patients with the delivery of required medicines, vaccines, antivenin and blood products in remote places. Convenience offered by technologically advanced drones will lead to their widespread adoption in medical sector and augment medical drones market growth over the forecast period.
U.S. Medical Drones Market Size, By Application, 2018 & 2025 (USD Million)
Drones have been used in the surveillance of disaster sites, areas affected by biological or chemical hazards, as well as tracking disease spread. They can also be used to gather information about the number of patients in need of care in high-risk situations.
Drones have also been used to detect the presence of health hazards, such as heavy metals, aerosols and radiation. As per a study, drones equipped with high-resolution photogrammetry software were used to accurately access and predict cancer risk from high level copper concentrations in agricultural areas.
Many notable industry players operational in medical drones market are implementing several strategies such as new product launches, partnerships and distributional channel expansion in new locations that will help them to capture higher revenue share in medical drones market.
For instance, Zipline, an American medical product delivery company operates small drone aircrafts for delivery of medical products, with a focus on providing services in Africa. The company has become an much on-demand medical drone network service provider. Patients in many Swiss hospitals can now receive results on the day a sample is taken, through Zipline’s effort. Zipline is expanding into Ghana along with expanding its presence this year into North Carolina, to help many out-of-the-way rural medical facilities. The company has plans to serve 700 million people in the next 3 to 4 years.
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Research and development in the medical drone industry is also expected to augment market growth scope. For instance, as many emergency vehicles are delayed from arriving on the scene on time, researchers are extensively testing drones to deliver medical equipment.
Development of drone ambulance is also gaining traction. A drone ambulance has been tested by Peel Regional Paramedics in Ontario to deliver medical supplies. Under the project, both an ambulance and a drone were dispatched at the same time, and every time the drone arrived at the scene first.
These test pilot drones fly at a speed of 80km/h and avoid all traffic that an ambulance would otherwise face. The drones arrive on the scene minutes before paramedics can and deliver a defibrillator to a bystander in case of a cardiac arrest case. These machines are easy to use and could be used before the paramedics arrive in an ambulance. The few extra minutes saved can make all the difference in saving lives when it comes to emergencies. Renfrew Ontario Paramedics are the first service in Canada to get approval from Transport Canada to use drones in medical emergencies.
Medical drones market size from pharmaceutical/drug transfer applications is estimated to witness 25% CAGR through 2025. This significant growth is attributed to capabilities of drones to deliver medications in remote locations in lesser time. These drones help in delivering drugs during severe circumstances such as medical emergencies or natural disasters.
According to a report by UK-based innovation foundation Nesta, the possible rapid transportation of light medical deliveries between hospitals in London and increased speed and reliability achieved due to drone deliveries could cut costs and improve patient care in the UK.
Extensive research is being conducted on delivering medicines or blood in remote areas of Wales. Moreover, improved regulatory scenario for medical drones will prove beneficial for medical drones industry growth.
Central role of drones during emergency cases will positively augment medical drones market size. With advancement in drone technology, it can be predicted that medical delivery through drones will be improved creating immense scope for the future expansion of medical drones industry. Global Market Insights estimates medical drones market size to surpass $399 million by 2025.
Author Name : Aakriti Kakkar