Cyber Warfare Market Worth $91.75 Billion By 2025

The global cyber warfare market is expected to reach USD 91.75 billion by 2025, according to a new study by Grand View Research, Inc. The increasing number of cyber-attacks are emerging as a significant threat across the globe. The dependence of organizations on information technology and the valuable & sensitive nature of digitally-stored data have raised the stake for cyber attackers whose primary motive is to disrupt economic growth and gain technological advantages by stealing intellectual properties of national defense forces. Increased concern towards catastrophic nature of cyber warfare and national security are factors anticipated to drive the market over the forecast period.

Cyberspace disruption capabilities have outstripped nation’s focus on terrorism. The increasing cyber-attacks such as abusing digital infrastructure and network infiltration within industries and defense sector have led the government to focus more on cyberspace vulnerabilities. The growing digitization in different nations is leading to increase in data and security breaches, resulting in cyber-crime. In light of the growing cyber incidence, increased cybersecurity spending is proposed, and warfare units are established by the governments aimed to protect nation’s sensitive information and deter potential of the cyber threat. Moreover, governments have developed more sophisticated cyber military capabilities to mitigate the emerging threats.

Increasing application of cyber warfare system within the corporate sector can be attributed to growing number of security threats amid defense contractor companies. The data breaches have compromised sensitive information such as blueprints, project details and testing results & reports from the companies which are the important factor for national security. The increasing breaches are impelling many organizations to make investments in security enforcement and detection tools. Moreover, to deter cyber espionage, monitor, and subvert other nations’ defense systems by infiltrating defense contractor system, application of cyber warfare system in the corporate sector is anticipated to drive market growth.

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https://www.grandviewresearch.com/industry-analysis/cyber-warfare-market

Further key findings from the study suggest:

The defense application segment is estimated retain its dominance in the market and is projected to reach USD 27.94 billion by 2025.
The government application segment is anticipated to register a healthy CAGR of 19.1% over the forecast period.
The corporate application segment is anticipated to witness a high CAGR of 19.8% over the forecast period.
North America was valued at USD 8.22 billion in 2016 and is expected to hold a dominant share in the market by 2025. The region was followed by Europe which held a market share of 25.44% in 2016 of the overall market share.
Asia Pacific region is anticipated to be the fastest growing region for the cyber warfare market, growing at of CAGR of 21.1% over the forecast period.
The key players in cyber warfare market include BAE System Plc, Boeing, General Dynamic Corporation, Lockheed Martin Corporation, and Raytheon Company, among others.

U.S. Lubricants Market Worth $24.50 Billion By 2027

The U.S. lubricants market size is projected to reach USD 24.50 billion by 2027, expanding at a CAGR of 3.1% over the forecast period, according to a new report by Grand View Research, Inc. Increasing demand for industrial lubricants in U.S. is anticipated to boost the market growth over the forecast period.

Rapid industrialization in the country led to higher consumption of oils in the industrial sector. Lubricants are widely used across various manufacturing industries, including metal forming, mining, paper & mill, construction, agriculture, food & beverages, energy, plastics, and others. Growth of the manufacturing industry has a direct impact on the demand for the lubricants. Increasing focus on the development of domestic manufacturing sector is likely to positively affect the demand for lubricants in the country. Other factors facilitating the lubricant consumption include focus on productive and cost-effective manufacturing techniques, increased mergers & acquisitions, and reshoring of factories.

Inflow of foreign investments in the marketspace, coupled with availability of several skilled labors with high adaptivity to technological interfacing, is driving the manufacturing sector in U.S. Rapid growth of the niche manufacturing sectors, like 3D printing, is also a key force behind constant demand for lubricants used in the printing machines. Moreover, as of 2017, in U.S., the major industrial machinery utilization was observed in the construction and agriculture industries, followed by the mining and food processing industries.

Furthermore, in terms of automotive industry movement, downsizing liter engine segment vehicles to reduce vehicle weight and enhance fuel efficiency is considered to be yet another key factor boosting the sales of passenger cars in U.S. With the rise in sales of automobiles in U.S., the projected consumption of lubricants in the manufacturing and maintenance of vehicles in the country is also expected to rise in the coming years.

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https://www.grandviewresearch.com/industry-analysis/us-lubricants-market

Further key findings from the study suggest:

The automotive application segment held the largest share of 57.73% in U.S. in 2019 due to high demand for vehicle maintenance. Engine oils held the largest share in 2019 and transmission fluids are anticipated to witness the fastest growth over the forecast period
The aerospace sector is projected to expand at the fastest CAGR of 4.0% in terms of volume due to increased shipping demand for U.S. produced civil space systems, general aviation aircrafts, and commercial aircrafts
In the industrial application segment, industrial engine oil is projected to register the highest CAGR of 3.2% from 2020 to 2027 due to high demand for the product to enhance machinery life by reducing wear and tear of engine components
Key players in U.S. lubricants market such as Total S.A., ExxonMobil, British Petroleum, and Royal Dutch Shell have integrated operations across the value chain.

Fiberglass Fabric Market Worth $14.93 Billion By 2025

The global fiberglass fabric market size is expected to reach USD 14.93 billion by 2025, according to a new report by Grand View Research, Inc., exhibiting a CAGR of 6.1% during the forecast period. Rising penetration of the product in the electronics industry for manufacturing of printed circuit boards (PCB) is expected to drive the market.

Fiberglass wind turbine blades are constructed using stranded E-glass and S-glass fabrics stitched together and impregnated with vinyl ester, polyester, or epoxy matrix. These composites offer high strength for manufacturing lightweight and efficient rotor blades for large wind turbines maintaining cost efficiency.

The product offer superior properties such as high electric insulation, tensile strength, and corrosion and chemical resistance. Increasing R&D to improve product performance, wrapping, weaving, cleaning, and finishing to offer different weave patterns suitable for industry-specific applications are poised to work in favor of the market.

The glass fiber production technology and unique post-processing systems have a significant impact on quality of manufactured fiberglass fabric. Innovation and development of new technologies to obtain superior product quality for high-tech aerospace & defense and electronics industry applications have tremendous impact on competitive environment.

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https://www.grandviewresearch.com/industry-analysis/fiberglass-fabric-market

Further key findings from the report suggest:

The E-glass segment accounted for over 80.0% of the revenue share in 2017 on account of superior physical and mechanical properties such as high strength and stiffness and high temperature, flame and heat resistance
The nonwoven fiberglass fabrics segment is anticipated to register a CAGR of 6.3% in terms of revenue from 2017 to 2025 owing to its advantages over woven such as increased impact resistance, thermal insulation, and liquid repelling ability
The application of fiberglass fabric in the construction industry accounted for 25.8% of the revenue share in 2017 on account of its increasing demand in the construction industry to mask cracks and improve integrity of walls and ceiling
Fiberglass fabric in wind energy application is anticipated to register a CAGR of 7.3% in terms of revenue during the forecast period owing to its electrical insulation and lightweight characteristics, which aids in improving efficiency of wind turbines and their energy output
The industry in Central & South America is expected to register a growth of 7.3% owing to rising demand for the product in application industries including automotive, aerospace & defense, and electrical & electronics
Major players in the industry focus on research & development activities to identify new market opportunities and product development on the basis of requirements from the application industries

3D Printing Ceramics Market Size Worth $159.5 Million By 2025

The global 3D printing ceramics market size is expected to reach USD 159.5 million by 2025, accelerating at a CAGR of 34% over the forecast period, according to a new report by Grand View Research, Inc. Advancements in printing technology and increased investments are among drivers triggering the market growth.

Metal and plastic 3D printing companies have started focusing on products made of ceramics in the recent years. The market is projected to grow at a rapid pace over the forecast period. Growing need for strong, tough, and temperature resistant components and parts in different end-use industries is the key driver triggering the growth of 3D printing ceramics industry.

Different printers that use materials such as porcelain, ceramics, alumina, and clay using various technologies are available in the market. Liquid deposition modeling (LDP) technology is anticipated to create opportunities in the design and architecture fields. Digital light processing (DLP) and stereolithography (SLA) technologies can be used to produce precise and complex parts for implants application in the medical field.

3D printing ceramics industry is still in the growing phase and faces some challenges. Lack of trained professionals & engineers and education programs for engineers related to the field of 3D printing are among major challenges in the sector. However, the adoption of 3D printing by major manufacturers, providers, and end users of products made of ceramics is projected to promote the technology.

Multinational companies and numerous startups are focusing on reduced execution time and enhanced operational efficiency in different end-user industries. Japan-based Canon Inc. developed a new 3D printing technology for ceramics in 2018. The technology can be used in various applications that require corrosion & heat resistance and insulation properties. The company also developed new ceramic materials to produce highly accurate parts.

Aerospace and medical industries are the key contributors to the growth of the market. As per a report by Airbus, the expanding middle-class population is projected to boost the number of flyers around the world, which, in turn, is anticipated to trigger the production of commercial aircraft and indirectly contribute to the demand for finished components or parts. Moreover, growing adult population and rising healthcare investments are likely to promote the use of 3D printed finished products made of ceramics. Growth of medical and aerospace industries in North America is among key factors influencing the demand for 3D printing. Government funding for healthcare sector in Asia Pacific is projected to assist the market growth. The region is projected to witness the highest CAGR over the forecast period.

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https://www.grandviewresearch.com/industry-analysis/3d-printing-ceramics-market

Further key findings from the report suggest:

In terms of revenue, aerospace end-use segment is anticipated to reach USD 26.1 million by 2025 owing to increasing number of flyers globally
In terms of volume, medical end-use segment is projected to ascend at a CAGR of 35.4% over the forecast period owing to increasing adult population and growing healthcare investments, which is one of the key factors likely to trigger the demand for 3D printing of ceramics
Industrial machinery segment accounted for 8.7% volume share in the 3D printing ceramics market in 2018 owing to industrial output supported by increased demand for machinery
North America accounted for the highest volume share of 45.2% in 2018
Tethon3D, 3D CERAM, Lithoz, Steinbach AG, PRODWAYS, and Desamanera S.r.l. are some of the key players in the market.

Supply Chain Analytics Market Size Worth $9,875.2 Million By 2025

The global supply chain analytics market size is expected to reach USD 9,875.2 million by 2025, registering a CAGR of 16.4% from 2019 to 2025, according to a new study by Grand View Research, Inc. The growing need to manage a large amount of business data and use derived insights is triggering the demand for supply chain analytics. The increasing awareness among enterprises regarding the benefits offered by supply chain analytics is instrumental in accelerating the demand for analytic solutions in order to improve perceptibility levels across the entire supply chain enablers.

Supply chain analytics solutions can help enterprises achieve growth, enhance profitability, and increase market shares by utilizing the derived insights for making strategic decisions. These solutions can also offer a holistic view of the supply chain and help in enhancing sustainability, reducing inventory cost, and accelerating the time-to-market for products in the long run.

Factors such as shortening product life cycles, low supply chain visibility, ineffective supplier networks, elevated warehousing costs, redundant forecasts, and fluctuating customer demands are also necessitating supply chain optimization, thereby driving the growth of the market.

Improved outcomes and cost-effectiveness of the supply chain management resulting from the adoption of supply chain analytics is expected to encourage the adoption of supply chain analytics solutions in various end-use applications, such as retail & consumer goods, healthcare, manufacturing, among others. The ability of supply chain analytics to enable effective and efficient management of end-to-end supply processes is expected to propel the growth of the supply chain analytics solution over the forecast period.

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https://www.grandviewresearch.com/industry-analysis/the-global-supply-chain-analytics-market

Further key findings from the study suggest:

The sales & operations analytics segment generated the highest revenue in 2018 owing to the growing use of machine learning in supply chain analytics solution to dissect and aggregate data and produce predictive, descriptive, and prescriptive insights.
The professional segment is dominate the market and maintain its dominance over the forecast period. The growing automation of professional services due to the adoption of big data and analytics coupled with the increasing demand for improved mobility among service consultants is expected to propel the growth of the segment.
Cloud deployment is anticipated to register the highest CAGR of 17.9% from 2019 to 2025. The cloud-based solutions allow businesses to access data across connected devices at any point which increase scope for customization and enable implementation of analytical tool across multiple business channel.
The large enterprise segment dominated the market in 2018 and is expected to maintain its dominance over the forecast period. This dominance can be attributed to rising demand for robust monitoring solutions and automation capabilities for resource allocation and strategic decision-making.
The high technology product segment is expected to grow at the highest CAGR of 19.7% over the forecast period. This growth can be attributed to increasing demand for advanced technology products and increasing import and export of high technology products worldwide.
North America is expected to continue its dominance the market over the forecast period leveraging the presence of a large number of supply chain analytics service providers in the region.
Accenture PLC, Aera Technology, Birst, Inc., Capgemini SA, Genpact Limited, IBM, JDA Software Group, Inc., Kinaxis, Lockheed Martin Corporation, Maersk Group, and Manhattan Associates, Inc. are some of the key market incumbents of the supply chain analytics market

Thermal Spray Coatings Market Size Worth $13.6 Billion By 2027

The global thermal spray coatings market size is expected to reach USD 13.6 billion by 2027, expanding at a CAGR of 3.9%, according to a new report by Grand View Research, Inc. Increasing demand from the aerospace, industrial gas turbines, and a few other application industries is expected to propel market growth. Moreover, the growing demand for corrosion-resistant coatings from these sectors is expected to be a key driver for the market.

Thermal spraying is used to improve or restore the surface of a solid material. It can also be used for applying coatings to a wide range of components and materials for better resistance against cavitation, wear, abrasion erosion, and heat. In addition, it is used for providing insulation or electrical conductivity, chemical resistance, lubricity, sacrificial wear, high or low friction, and several other properties to the coated surfaces. These coatings have the high-potential market opportunities on account of their properties, such as biocompatibility, cavitation resistance, and aesthetic appeal. Increasing oil and gas exploration activities, particularly in the Asia Pacific, coupled with upcoming shale gas explorations across the globe are expected to fuel the demand further. There are several regulations governing the market.

These regulatory standards define thermal-spray processes for machinery element repair of ferrous and non-ferrous substrates. Medical is expected to be the fastest-growing application segment on account of increasing application scope of thermal spray coatings in the biomedical sector. These coatings help extend the shelf life and improve the performance of dental implants and orthopedic implants. The advantages of using such coatings in the biomedical sector include superior wear and corrosion resistance and bone bond enhancement. Asia Pacific is expected to be the fastest-growing regional market on account of increasing vehicle production along with rapid economic growth in China, India, and Japan, Indonesia, South Korea, and Thailand.

Further, the recent outbreak of COVID-19 has disrupted supply chains and sharply curtailed product demand. Restriction in transportation and supply due to slowdown or halting of factories and partial or nationwide lockdowns in several countries in order to restrain the spread of the pandemic is expected to negatively impact market growth.

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https://www.grandviewresearch.com/industry-analysis/thermal-spray-coatings-market

Further key findings from the report suggest:

Aerospace application segment led the market accounting for a revenue share of 32.3% in 2019 and is projected to maintain its dominance during the forecast period
In the U.S., the market is anticipated to reach USD 3.8 billion by 2027 owing to the presence of key manufacturers and suppliers in the country
The market is highly competitive in nature with the presence of a number of global medium- and small-scale companies
Key companies engage in strategies, such as mergers and acquisitions and product development, to expand their market reach and product portfolio

Paint Protection Film Market Worth $484.7 Million By 2027

The global paint protection film market size is projected to reach USD 484.7 million by 2027, according to a new report by Grand View Research, Inc. It is projected to register a CAGR of 6.9% over the forecast period. Rising consumer awareness regarding vehicle paint protection against bug splatters, stone chipping, and abrasions is anticipated to fuel the demand for paint protection film (PPF).

paint protection films market is moderately fragmented in nature and is moving towards consolidation. Abundant availability of raw materials and presence of several major players with adequate production capacities have resulted in an increased competition among the players. Product durability, price, and environment friendliness are estimated to be the key factors influencing buyer decision.

The product is widely available on retail as well as online platforms. However, its installation requires expertise and specially trained personnel for optimum results. Hence, a majority of players also provide after-purchase services. Furthermore, a few players have established contracts with local installers to strengthen their geographical presence.

Frequent variations in raw material pricing and declining automotive production in major economies including U.S., Japan, and Korea are expected to act as a challenge for market players. However, rapid growth of other application sectors including electrical and electronics and aerospace is likely to open new avenues for them.

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https://www.grandviewresearch.com/industry-analysis/paint-protection-film-market

Further key findings from the report suggest:

In 2019, the automotive and transportation segment dominated the paint protection film market in terms of volume, wherein a majority of the demand is derived from the passenger cars segment owing to the superior color protection properties of PPF
In terms of value, the aerospace and defense segment is estimated to register a CAGR of over 12.0% over the forecast period. This is attributed to increasing investments in the aircraft and defense sectors in China, U.S., and India
Asia Pacific dominated the market with USD 109.5 million in 2019 since it is the largest producer and consumer of automotive as well as electrical and electronic products
Key players operating in the market are 3M Company; Eastman Chemical Company; KDX Composite Material; XPEL, Inc.; and Avery Dennison Corporation
Mergers, integrations, tie-ups with third-party installers, innovative manufacturing techniques, and wide distribution channel are projected to be the key success factors for manufacturers to sustain competition.

Magnesium Alloys Market Size Worth $6.6 Billion By 2027

The global magnesium alloys market size is expected to reach USD 6.62 billion by 2027 registering a CAGR of 9.9%, according to a new report by Grand View Research, Inc. Increasing magnesium content per vehicle is projected to drive the demand of magnesium alloys products over the next forecast period.

Auto manufacturers are now shifting to lightweight materials, such as magnesium, aluminum, and composite materials, to reduce the emissions from vehicles. Rising preference for fuel-efficient vehicles is projected to boost the usage of such lightweight materials, thereby augmenting the product demand.

In terms of mass, magnesium is the lightest metallic material used in the die casting process. Magnesium alloys have 30% lesser density than aluminum, which boosts their usage in vehicles and aerospace applications. Also, as compared to aluminum and steel, these components can save nearly 25 to 40% and 55% of weights respectively.

Aerospace & defense sector is projected to provide numerous growth opportunities for the market as the product is widely used in airplane structures. China is a key producer of magnesium and accounted for more than 80% of the production in 2018, as per data published by the United States of Geological Survey. However, recent outbreak of coronavirus disease (COVID-19) is projected to hinder market growth in the country.

Numerous companies and research institutes are investing in R&D for the development of advanced products. This is likely to have a positive impact on the market growth. For instance, in July 2019, Monash University found a technique that can be useful in producing lightweight and stronger alloys for automotive and aircraft applications.

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https://www.grandviewresearch.com/industry-analysis/magnesium-alloys-market

Further key findings from the report suggest:

The automotive & transportation was the largest application segment in 2019 and is likely to expand further at the fastest CAGR during the forecast period
The growth of the segment is attributed to incessant production of vehicles and increasing magnesium content per vehicle
Asia Pacific held the highest volume share in 2019 and is projected to maintain its position during the forecast period
Rapid expansion of the automotive sector and increasing demand for electric vehicles (EVs) are anticipated to remain key drivers for the regional market
Key vendors in the global market are Magontec Ltd.; Magnesium Elektron Ltd.; Ka Shui International Holdings Ltd.

Metal 3D Printing Market Worth $14.56 Billion By 2027

The global metal 3D printing market is estimated to reach USD 14.56 billion by 2027, according to the new report by Grand View Research, Inc. The market is expected to register a CAGR of 19.2% from 2020 to 2027. Metal 3D printing is also referred to as Additive Manufacturing (AM) as it involves the successive addition of layers of materials in various 2D shapes using an additive process. These layered 2D shapes are built upon one another to form a three-dimensional object. The process is different from the subtractive method of production, which begins with a block of metal and the unnecessary metal is ground out to obtain the desired object.

The metal 3D printing industry is estimated to exhibit significant growth throughout the forecast period owing to a combination of numerous factors such as growing demand for rapid prototyping, which allows the manufacturers to design and develop better products and systems. Additionally, the ease of manufacturing and added benefits offered by the 3D printing technology are the major factors behind the greater adoption of the technology across various industry verticals.

Metal 3D printing is widely adopted in the industrial sector owing to the growing need for enhanced product manufacturing and a shorter time to market. The automotive vertical happens to be the most significant adopter of the metal 3D printing technology and eventually leading to the largest market share of metal 3D printers for industrial applications over the forecast period. Additive manufacturing is anticipated to evolve over the forecast period.

The market is subject to witness a considerable economical appearance rather than being just a labor-intensive industrial manufacturing technique. Particularly in developing economies, such as Brazil, South Africa, and India, machining shops have managed to adopt alternative business models by installing 3D printers and offer related services, such as 3D printing materials, filaments, 3D modeling, and 3D printer software.

The metal 3D printing technology happens to be capital-intensive technology. At the same time, manufacturers are holding to their misconceptions about prototyping rather than realizing the advantages associated with metal 3D printing. Moreover, the market lacks the standard process controls and a skilled workforce required for metal 3D printing. These are some of the factors that are expected to restrain market growth. However, government initiatives aimed at increasing awareness and promoting the benefits of adopting metal 3D printers are expected to help in countering the market restraints.

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https://www.grandviewresearch.com/industry-analysis/metal-3d-printing-market

Further key findings from the report suggest:

North America accounted for the largest market share in 2019 owing to the early adoption of the technology s
The U.S. being the highest revenue generating country in 2019 in the North America regional market, the region is predicted to exhibit steady growth over the forecast period
Increasing adoption of metal 3D printers in the healthcare, automotive, and consumer electronics verticals is likely to drive the market growth significantly
The Asia Pacific regional market, which is emerging as a manufacturing hub for several industry verticals, is forecast to grow significantly in future as the continued urbanization triggers the need for infrastructure and prompts the automotive, consumer electronics, aerospace and defense, and healthcare verticals to adopt metal 3D printing, particularly in countries, including China, Japan, and South Korea.

Cyber Warfare Market Worth $91.75 Billion By 2025

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https://www.grandviewresearch.com/industry-analysis/cyber-warfare-market

The defense application segment is estimated retain its dominance in the market and is projected to reach USD 27.94 billion by 2025.
The government application segment is anticipated to register a healthy CAGR of 19.1% over the forecast period.
The corporate application segment is anticipated to witness a high CAGR of 19.8% over the forecast period.
North America was valued at USD 8.22 billion in 2016 and is expected to hold a dominant share in the market by 2025. The region was followed by Europe which held a market share of 25.44% in 2016 of the overall market share.
Asia Pacific region is anticipated to be the fastest growing region for the cyber warfare market, growing at of CAGR of 21.1% over the forecast period.
The key players in cyber warfare market include BAE System Plc, Boeing, General Dynamic Corporation, Lockheed Martin Corporation, and Raytheon Company, among others.