Author: Cloud PR Wire

–News Direct– Terran Orbital CEO Marc Bell joined Steve Darling from Proactive to share significant news regarding the company's continued success and partnership with Lockheed Martin. Terran Orbital has been awarded a substantial contract by Lockheed Martin, involving the production of 36 satellite buses for the Space Development Agency's Tranche 2 Transport Layer Beta constellation. This development represents a significant step forward for both companies. Bell explained to Proactive that Terran Orbital is currently in the process of building 42 satellite buses for Lockheed Martin, a crucial contribution to Lockheed Martin's commitment to delivering on its $700 million contract for the Space Development Agency's Tranche 1 Transport Layer. The Tranche 1...

Market Overview: Adaptive optics (AO) is an advanced technology used to enhance the performance of optical systems by correcting for optical distortions. It has applications in astronomy, ophthalmology, defense, and more. This report provides a comprehensive analysis of the global adaptive optics market, covering market size, segmentation, key players, M&A activities, regional analysis, market drivers, restraints, opportunities, challenges, market trends, emerging technologies, and future projections. Market Size and Growth: The global adaptive optics market has witnessed steady growth in recent years, primarily driven by increasing applications in astronomy, medical imaging, and defense. The Global Adaptive Optics Market size would reach US$ 14.5 billion by 2032. It is likely to exhi...

The worldwide traction transformer market is expected to achieve a value of approximately $724.2 million by 2023. According to Persistence Market Researchs projections, sales of traction transformers are predicted to reach $1.4 billion by 2033, with a compound annual growth rate (CAGR) of 6.7% from 2023 to 2033. The Traction Transformer Market is a critical component of the global railway and transportation industry, playing a crucial role in the efficient and sustainable operation of electric trains and trams. Traction transformers are responsible for converting high-voltage electrical power from overhead lines or third rails into the appropriate voltage and frequency required for the propulsion of trains. This market has been witnessing significant growth due to the increasing adoption ...

Market Overview: The global submarine optical fiber cable industry size is anticipated to reach US$ 67.8 billion in 2033. It is set to exhibit a CAGR of around 12.6% in the estimated time frame between 2023 and 2033. The market is likely to surpass a valuation of US$ 20.6 billion by 2023.A recent market study published by Persistence Market Research (PMR) on the submarine optical fiber cable market offers a global industry analysis from 2018 to 2022 and an opportunity assessment from 2023 to 2033. The study offers a comprehensive assessment of the important market dynamics. After conducting thorough research on the historical and current growth parameters, the markets growth prospects are obtained with maximum precision. Market Growth Factors: The global submarine optical fiber cable mar...

Market Overview The APAC de-aromatic solvents market is valued at US$ 577 million in 2023 and is projected to expand at 7% CAGR from 2023 to 2033, according to this latest study by Persistence Market Research. The APAC De-aromatic Solvents market is witnessing significant growth. These solvents, with their low aromatic content, are environmentally friendly and find applications in various industries. The increasing demand for paint and coatings, adhesives, and sealants is a key driver, as these solvents are favored for their low toxicity and VOC compliance. With a focus on sustainability and environmental regulations, the APAC region is adopting de-aromatic solvents to meet industry demands, making it a thriving market segment in the region. Market Growth and Driver The market is expected...

Market Overview: Integrated Circuit (IC) Sockets are essential components in the electronics industry, providing a removable interface between an integrated circuit and a printed circuit board (PCB). They facilitate the easy replacement or testing of ICs, which is crucial in various applications, including consumer electronics, automotive, industrial, and telecommunications. The IC Sockets Market caters to the demand for reliable and flexible connections in the electronics sector. Market Size and Growth: The IC Sockets Market has experienced significant growth in recent years, driven by several key factors: Rapid Technological Advancements: The electronics industry continually evolves, and as new ICs are developed, compatible IC sockets are in demand, propelling market growth. IoT and Co...

Market Overview Persistence Market Research estimates that the global market for spectrum analyzer will reach US$ 1.8 billion by 2023 and experience a CAGR of 7.5% from 2023 to 2033. Wireless technology is becoming more prevalent in many industries, including healthcare, automotive, telecommunications, and aerospace, so the market is expected to grow. Spectrum analyzers can measure a variety of quantities, such as power density or frequency. A spectrum analyzer is one of the important testing devices that measure frequency and a wide range of other parameters. Signal analyzers are used to find unknown signals and measure ones we know. Electrical and electronic measurements benefit greatly from the spectrum analyzer because of its accuracy. Tests can be carried out on a wide range of circu...

Market Overview The High Dynamic Range Market revenues were estimated at US$ 17.2 billion in 2022 and are anticipated to grow at a CAGR of 16.5% from 2023 to 2032, according to a recently published Persistence Market Research (PMR) report. By the end of 2032, the market is expected to reach a valuation of US$ 93.3 billion. Capturing devices segment is likely to dominate the high dynamic range market with a projected CAGR of 16.4% from 2023 to 2032. In recent years, the entertainment industry has been at the forefront of implementing HDR technology. The demand for high dynamic range equipment surged dramatically between 2017 and 2021, and it is predicted to climb even more between 2022 and 2032. The high dynamic range industry deals with the designing, production, and sale of high dynamic ...

Market Overview The global catamaran market was valued at US$ 1.4 Billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 6.3% from 2022 to 2032. The global catamaran market was valued at US$ 1.4 Billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 6.3% from 2022 to 2032. The increase in leisure tourism and racing events and the increasing disposable income of people across the globe are some of the key factors driving the growth of the catamaran industry. Growth Factors Catamarans have long been appealing because of their stability and size, and they make ideal live-aboard boats for blue water cruising ships for long-distance voyages. By definition, a catamaran has a greater internal room than a monohull due to its two-hull con...

The Indonesia specialty fats and oils market is valued at US$ 1.3 billion in 2023 and is projected to reach a size of US$ 2.22 billion by the end of 2033, expanding at a CAGR of 5.5% over the next ten years. The market is driven by factors such as increasing demand for processed food, rising disposable income, and growing awareness of the health benefits of specialty fats and oils. Indonesia is the worlds largest producer of palm oil, which is a major source of specialty fats and oils. The country is also a major exporter of palm oil and its derivatives. The increasing demand for palm oil from both domestic and international markets is expected to boost the growth of the specialty fats and oils market in Indonesia. Market Growth Factors: Some of the key trends driving the growth of the sp...