GMI

The Automotive Collision Repair Market is poised to grow remarkably by 2026 owing to factors like increasing number of road accidents and higher road density. Rise in passenger car repairs is estimated to be one of the key determinants for overall market growth. The need to offer better repair services has encouraged companies to introduce new, technologically advanced products and services. In 2020, The Society of Collision Repair Specialists announced the availability of its award-winning software ‘Blueprint Optimization Tool’ for repairers. The tool will allow collision repair service providers to automatically apply the SCRS guide to estimate and identify overlooked items. With such developments, Global Market Insights, Inc., suggests that the automotive collision repair market may exceed USD 305 billion by 2026. This can also be subjected to robust developments by OEMs to improve vehicle maintenance and service quality. Independent repair shops are meanwhile set to rec

The Aerospace 3D Printing Materials Market is projected to register significant growth owing to increasing investments in the military & defense sector. Manufacturing companies are slowing edging towards 3D printing technology as it offers enhanced design flexibility for developing complex and intricate parts and components as well as eradicate the need for molds which makes the development process more expensive and time consuming. Increasing usage of additive manufacturing (AM) for the creation of complex lightweight aircraft cabin interiors could massively support 3D printing material demand. Rising number of space exploration activities along with proliferating demand for satellite spare parts would boost product adoption. Aerospace companies like NASA have installed plastic 3D printers in their International Space Station (ISS). These printers can develop components with the help of ABS and ULTEM 9085 plastic. Aerospace companies are also inclining towards using ce

The Aircraft Health Monitoring System Market is predicted to gain noteworthy growth on account of evolving federal norms that are centered around improving the airworthiness of aircraft. Airworthiness can usually be enhanced by strengthening connectivity between ground and aircraft operators. Rising adoption of connected technologies in aircraft has stimulated the deployment of aircraft health monitoring system. Numerous display and communication technologies like Virtual Reality (VR) and Augmented Reality (AR) are currently being incorporated in the aerospace sector. Meanwhile, concerns to lower SOx and COx emissions have compelled aircraft makers to improve the operational efficiency of airplane. Technological advancement in blockchains and cloud computing could enhance operations in the aviation industry. Based on these growth drivers, Global Market Insights, Inc., estimates that the aircraft health monitoring system market size might reach USD 6 billion by the year 2026. Re