TechSci Press Release

  Advancements in sensor technology and growing demand for seaborne trade activities are expected to drive the demand for global sonar systems market in the forecast period, 2023-2027. According to TechSci Research report,  “Sonar Systems Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, 2017-2027” , the global sonar systems market is anticipated to witness impressive growth in the forecast period, 2023-2027. Sound navigation and ranging (SONAR) can be defined as a technique that uses sound waves for navigating, detecting lost or hazardous objects, and communication purposes. It sends the sound waves reflected from objects and detected by the sonar systems. Sonar systems find applications in nautical charting activities, oil exploration, fishing, hydrography, and marine observation activities. The major factors driving the growth of global sonar systems marker are rapidly expanding naval fleet by modernization of the existing fleet and purchase of n...

  Growing defense expenditure and formulation of government bodies to acquire unmanned aerial vehicles are expected to drive the demand for the global unmanned ground vehicles market in the forecast period, 2023-2027. According to TechSci Research report,  “ Unmanned Ground Vehicles Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, 2017-2027 ” , the global unmanned ground vehicles market is anticipated to witness steady growth in the forecast period, 2023-2027. Unmanned ground vehicles are machines that move along the ground to carry or transport things. They provide a flexible  robotic  platform along with multipurpose mobility support. It is generally used in situations with a risk to human lives. Unmanned ground vehicles can also be used for various civilian applications such as urban research and rescue operations, nuclear plant operations, crowd control, firefighting, and agriculture harvesting and spraying applications. The major factors ...

  The rising number of offshore oil and gas activities and increased defense expenditure globally is expected to drive the demand for the global unmanned underwater vehicles market in the forecast period, 2023-2027. According to TechSci Research report,  “Unmanned Underwater Vehicles Market   – Global Industry Size, Share, Trends, Opportunity, and Forecast, 2017-2027” , the global unmanned underwater vehicles market is anticipated to witness steady growth in the forecast period, 2023-2027. An unmanned underwater vehicle is a kind of robotic system that can be operated under seawater without human intervention. They are in high demand for UUV for underwater applications, including commercial, security, and research purposes. The introduction of smart devices and rapid technological developments in the unmanned underwater vehicle are the primary factors driving the demand for the global unmanned underwater vehicle market. Market players have started using  artificial i...

  Increasing focus on the research and development activities and the efforts to make space tourism an affordable activity is expected to drive the global space tourism market in the forecast period. According to TechSci Research report,  “Global Space Tourism Market By Type (Suborbital and Orbital) By Product Type (High Altitude Jet Fighter Flights, Atmospheric Zero-Gravity Flights, Aircraft Replacement Flights and Others) By Destination (Mars, Earth Orbit, Venus, Moon, Ceres and Others) By Customer (Civilians, Enterprise and Others) By Service Provider (Government, Commercial Institutions and Others), By Region, Company Forecast & Opportunities, 2027” , The global Space Tourism Market is expected to witness steady growth in the forecast period. Space tourism is human space travel that tends to provide tourists with the ability to become astronauts and experience space travel for recreational or business purposes. There are several kinds of space tourism includi...

  Increasing incidents of emergency landing is driving the growth in the global aircraft evacuation slide market in the forecast period, 2022-2027. According to TechSci Research report,  “Aircraft Evacuation Slide Market – Global Industry Size, Share, Trends, Competition, Opportunity and Forecast, 2016-2027” . The global aircraft evacuation slide market has a potential to project an impressive CAGR toward forces growth in the period, 2022-2027, on the account of expanding tourism industry. Increasing travel and tourism after the pandemic relaxation is also aiding to the growth of the global aircraft evacuation slide market in the upcoming five years. Moreover, demand for the new commercial flights is increasing and driving the growth of the global aircraft evacuation slide market in the next five years. Additionally, increasing instances of emergency landing due to various reasons like technical glitches in aircraft panels or when aircrafts are under the fault due to...

  Rising disposable income and increasing consumption expenditure are the leading factors to drive the global consumer finance market during the forecast period. According to TechSci Research report,  “Global Consumer Finance Market By Type (Secured Consumer Finance, Unsecured Consumer Finance), By Secured Consumer Finance Product Type (Housing Loan, Auto Loan, Mortgage Loan, Others (boat loan, recreational vehicle loan, secured credit cards, etc.)), By Unsecured Consumer Finance Product Type (Consumer Durable Finance, Personal Loan, Credit Card, Home Improvement Loan, Education Loan, Others (agricultural loan, pension loan, etc.)), By Region, Competition, Forecast & Opportunities, 2026” , the global consumer finance market is expected to grow at a CAGR of 5.27% during the forecast period on account of the growing economies and rising population. Additionally, a lower rate of interest has increased the affordability concerns for the consumers. Furthermore, consum...

  Personalized product offerings, improved communication with clients and reduced cost of policies are expected to drive growth of the global insurtech market According to TechSci Research report,  “Global Insurtech Market By Technology, By Deployment Mode, By Insurance Type, By Region, Competition, Forecast & Opportunities, 2024” , the global insurtech market is a multi-billion dollar market and is expected to register significant CAGR during forecast period on account of growing influence of digitization. Insurance industry is currently facing the challenge of managing large amount of data, therefore, there is urgent need for adopting digital technologies which not only helps to optimize the work and price of the target product but also helps to monitor data. Browse  market data Tables and  Figures spread through    Pages and an in-depth TOC on  “ Global Insurtech Market “ Insurtech market can be segregated based on technology, deployme...