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Global $13.11 Billion Tooling Board Market to 2027: High Temperature Curing Prepreg Application in the Aerospace and Defense, Automotive, and Marine Industries is Expected to have a Positive Impact


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The global tooling board market size is expected to reach USD 13.11 billion by 2027 and expected to expand at a CAGR of 3.9% from 2020 to 2027.
Increasing enhancements in aerospace and defense equipment are expected to drive the demand for tooling board over the forecast period.
Adoption of vacuum forming at elevated temperature for medium and high temperature curing prepreg application in the aerospace and defense, automotive, and marine industries is expected to have a positive impact on the market growth. These highly developed PU and epoxy models are gaining popularity owing to their significant advantages over wood, steel, and other medium products. ....

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Worldwide Precision Gearbox Industry to 2027 - The Planetary Precision Gearbox Segment is Anticipated to Account for the Highest Market Share


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The global precision gearbox market size is anticipated to reach USD 4.97 billion by 2027 registering a CAGR of 9.1%. The novel coronavirus pandemic along with the possibility of the occurrence of future pandemics has accelerated the implementation and development of automation technologies. Automation minimizes the degree of manual operation and ensures minimum human intervention, which, in turn, is expected to benefit sparsely populated regions or countries with a less skilled labor force. Therefore, the demand for such automated machines and systems is likely to have a positive impact on market growth over the coming years. ....

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