Press Releases From 06/20/2021 Until 06/20/2021

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Aircraft Filters Market Worth $1,002 Million by 2026

LogoAccording to the new market research report "Aircraft Filters Market by Aircraft Type (Fixed Wing, Rotary Wing, UAV), Sales Channel (OEM, Aftermarket), Type (Fluid, Air), Application (Engine, Hydraulic System, Avionics, Cabin, Pneumatic system), Material, Region - Global Forecast to 2026", published by MarketsandMarkets™, the global Aircraft Filters Market size is projected to grow from USD 823 million in 2021 to USD 1,002 million by 2026, at a CAGR of 4.0% from 2021 to 2026. The market is driven by various factors, such as increase in aircraft renewals and aircraft deliveries.

Significant Growth in Semiconductor Manufacturing Equipment Market

LogoThe global semiconductor manufacturing equipment market is estimated to be USD 62.4 billion in 2020 and projected to reach USD 95.9 billion by 2025; at a CAGR of 9.0%. Key factors fueling the growth of this market include the increasing investments in R&D facilities due to COVID-19 impact, increasing demand for electric and hybrid vehicles, the growing consumer electronics market and increasing number of foundries due to COVID-19, trend of miniaturization and technology migration, and high demand for chips to provide computation power and connectivity for AI applications.

Opportunities & Challenges in the Agriculture Drones Market

LogoThe agriculture drones market is expected to grow from USD 1.2 billion in 2020 to USD 5.7 billion by 2025 at a CAGR of 35.9% from 2020 to 2025. A few key factors driving the growth of this market are pressure on global food supply due to growing world population and increase in venture funding for the development of agriculture drones.