ReleaseWire Connect

With the growing number of air passengers and increasing aircraft demand, aerospace and defense ducting market has been estimated to grow significantly by 2025

The edge data center market has been witnessing noteworthy growth. The ongoing IoT revolution and the adoption of smart connected devices is majorly influencing industry demand. Increasing acceptance of advanced technologies is encouraging SMEs and large enterprises to shift their data center facilities closer to the network edge.

The changing face of warfare in the recent years has been a pivotal factor stimulating military drone market

Asia Pacific aerial imaging market is projected to register an accelerated growth at a CAGR of over 16% during the forecast period. With the emergence of low-cost alternatives for aerial imaging in the form of UAVs/drones, their adoption in the emerging economies in the region is expected to increase considerably over the coming five years. Also, with the presence of some of the leading global drone manufacturers in China, the market growth is likely to be supported by the strong sales and distribution network of these manufacturers in the Asia Pacific region.

Massive investments in fintech technology will help drive digital banking market share over the forecast timeframe

The world is heavily treading toward the adoption of renewable energy sources, which will lucratively impel solar PV module market

Asia Pacific recreational vehicles market is expected to witness significant growth at around 7% over the forecast period. This can be credited to the significant growth of the middle-class population and increasing emphasis on development of tourism in countries including China, India, Thailand, South Korea, Australia, and Japan. According to the U.S. Department of Commerce, China had around 56 active RV manufacturers contributing significant share of the nation's recreational vehicles market, as of 2016.

Endpoint security market, tagged as a revolutionary subset of the smart technology space, seems to have garnered the status of a niche vertical in the recent years

A highly pivotal space of the smart technology vertical, industrial ethernet market has garnered commendable acclaim in the last few years

As per the report, APAC marine propulsion engine market size is estimated to register a CAGR of 4.8% over 2016-2024. China and South Korea are projected to be the major growth avenues. Asia Pacific held a considerable share in the marine propulsion engine market in 2015 and had a valuation of USD 4.5 billion. Rising investments in R&D, technological developments, and government initiatives towards adoption of clean energy are some of the factors anticipated to fuel APAC market demand.