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Stretch Wraps Top-Selling Category in Plastic Protective Packaging Market, Manufacturer Preference for LDEP Intact: Fact.MR
The plastic protective packaging market is projected to exceed 9 million tons in 2019, according to a new study by Fact.MR. Plastic protective packaging industry continues to remain influenced by various factors that range from focus of manufacturers on streamlining and optimization of plastic protective packaging, to advancements in plastic properties in line with reduced waste.
Consumer inclination toward online shopping has witnessed a dramatic rise in recent years, which in turn has boosted growth of the ecommerce sector significantly. Sensing the role of protective packaging the overall end-user experience, leading players in the plastic protective packaging market are focusing on easy-to-use designs, along with consistent branding activities. The study finds that plastic protective packaging market players are moving ahead of the one-size-fits-
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The global offshore decommissioning market size is projected to grow USD 8.0 billion by 2027, at a CAGR of 7.4%, from 2021 to 2027.
According to the new market research report
“ by Service (Well Plugging & Abandonment, Platform Removal, Conductor Removal) Depth (Shallow, Deepwater) Structure (Topsides, Substructure) Removal (Leave in Place, Partial, Complete), and Region – Global Forecast to 2027″, published by MarketsandMarkets™, the Offshore Decommissioning Market size is expected to grow from an estimated USD 5.2 billion in 2021 to USD 8.0 billion by 2027, at a CAGR of 7.4%. Aging offshore oil & gas infrastructure and maturing fields are driving the offshore decommissioning industry. Low oil prices of the past couple of years have made it even more difficult to maintain low production mature reserves, driving companies to accelerate decommissioning plans for such oil & gas fields.
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According to a research report
“Time-sensitive Networking Market with COVID-19 Impact Analysis by Component (Switches, Hubs, Routers, and Gateways, Connectors, Communication Interfaces, Controllers and Processors, Memory), Applications, and Geography – Global Forecast to 2026”, published by MarketsandMarkets™, the Time-Sensitive Networking Market size is projected to reach USD 1,188 million by 2026 from an estimated USD 134 million in 2021, at a CAGR of 54.7% from 2021 to 2026.
Growing adoption of industrial automation in manufacturing industries, rising demand for deterministic Ethernet for real-time applications, and challenging multiple controller applications are among the factors driving the growth of the TSN market.
By component, the switches segment held a major share of the TSN market in 2020, and a similar trend is likely to be observed during the forecast period.
Modern Truck Cranes Deliver Faster Transportation & Effective Lifting
Currently, the bid to accommodate growing demand for compact-sized, efficient construction equipment across infrastructure projects is swelling fast. Therefore, manufacturers are working to integrate multiple operations in equipment for offering higher productivity. Interestingly, upgrade of a purpose-built chassis can be seen as a prominent trend in which practicable integration of standard components such as tires, engine etc., lessens maintenance costs. Hence, to deliver an easily maneuverable as well as cost-efficient equipment, several manufacturers operating in the truck cranes market are merging improved lifting capacities together with easier transport.
Provision for Advanced Equipment Lifecycle Standards
Africa
, Rest of the World) – Global Forecast to 2026″, published by MarketsandMarkets™, the market size is projected to grow from USD 9.9 Billion in 2021 to USD 13.2 Billion by 2026, at a CAGR of 5.9% from 2021 to 2026. The military sensors market is growing at a significant rate across the world, and a similar trend is expected to be observed during the forecast period. Increasing demand for battlespace awareness among defense forces, ongoing advancements in MEMS technology, increasing use of UAVs in modern warfare, and increasing focus on weapon system reliability are fueling the growth of the military sensors market.
“The gyroscope sub-segment is projected to lead the military sensors market from 2021 to 2026.”