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Showing posts from May, 2023

Secure Logistics Market: Mobile Type Segment Is Expected To Register The Fastest Growth Rate

  Secure Logistics Industry Overview The global  secure logistics market  size is anticipated to reach USD 153.44 billion by 2030, registering a CAGR of 8.9% over the forecast period, according to a new report by Grand View Research, Inc. ATMs play a vital role in maintaining the core banking touchpoint with consumers. Initially, ATMs were introduced to reduce congestion in branches. However, the types of services provided at ATMs have expanded significantly. The increasing trend of introducing cash recycling ATMs is likely to accelerate the ATM market growth. Economic size and population density have a positive impact on the financial sector. The densely populated countries have a higher ATM penetration and higher geographic branch. The transport companies are operating under increasing financial challenges, including fuel prices and various natural disasters. The transport companies are experiencing low-profit margins that enabled industries to have rep...

Commercial Helicopter Market Emerging Economies Are Expected To Drive The Growth

  Commercial Helicopter Industry Overview The global  commercial helicopter market  size is projected to reach USD 8.92 billion by 2030, growing at a CAGR of 5.4% from 2022 to 2030, according to a new report by Grand View Research, Inc. Growth in gas and oil excretion and exploration activities and increased demand for air ambulances for medical purposes are expected to be the market drivers. Furthermore, the increasing popularity of rotorcraft in commercial applications in the Asia Pacific and the Middle East, and the European region is boosting the market growth. The emergence of COVID-19 created a significant impact on the business, specifically in the U.S, Asia Pacific, and Europe region, impacting the demand for helicopters, resulting in, late deliveries, the allowance of minimal staff at production facilities, manufacturing closure, and minimal equipment availability across all markets. Furthermore, there has been a recent rise in demand for customized and luxurio...

Agriculture Equipment Market: Space Are Expected To Witness Short-Term Challenges

  Agriculture Equipment Industry Overview The global  agriculture equipment market  size is projected to reach USD 236.04 billion by 2030, registering a CAGR of 5.0% from 2022 to 2030, according to a new study by Grand View Research Inc. Shortage of labor worldwide particularly in Western Europe and the U.S. will play a key role in driving the adoption of agriculture equipment over the forecast period. Furthermore, shortage of labor in the field of agriculture equipment and telematics to monitor tractor performance and improve farm yield is also anticipated to propel the growth of the market. Apart from advancements in the agriculture equipment space and shortage of labor shortage, the growing population to meet the global food requirements will also be a major factor, increasing demand in the long term. Favorable government initiatives to reduce the financial burden on farmers or incentivize agriculture equipment purchase will also be a major factor driving the growth ...