BPA free cans market: Potential Growth, Attractive Valuation Make It Is A Long-Term Investment 2020 - 2026

 

Electronically Scanned Arrays Market : Overview

Electronically scanned arrays refer to a phased array antenna which is used to electronically steer a beam of radio waves in different directions. This type of arrays are primarily utilized in radars. In order to provide an in-depth analysis of the market, the global electronically scanned arrays has been segmented on the basis of product type, end users, range and geography. Based on product type, the market is categorized into AESA (Active Electronically Scanned Arrays) also known as APAR (Active Phased Array Radars) and passive electronically scanned arrays (PESA) or passive phased array.

The primary requirement to replace the traditional radar system across different regions is the most important factor expected to boost the demand of technologically advanced electronically scanned arrays in the coming years. In addition, the growing preference for technologically advanced radar for providing all weather battlefield surveillance against incoming threat is also expected to propel the demand of electronically scanned arrays during the forecast period from 2016 to 2024.

However, long replacement cycle of the radar system is of the primary factor anticipated to negatively affect the demand of electronically scanned arrays to some extent in the coming years.

Electronically Scanned Arrays Marke

BPA Free Cans Market: Introduction

Transparency Market Research delivers key insights for the BPA free cans market in its published report, which includes global industry analysis, size, share, growth, trends, and forecast for 2020-2026. In terms of revenue, the global BPA free cans market is projected to expand about 1.3x its current market value by the end of 2026, owing to the ever-increasing demand from food industry sub-segments such as fresh fruits & vegetables and ready-to-eat food across several countries about which, TMR offers detailed insights and forecasts in the BPA free cans market report.

BPA free cans are used primarily in end-use industries, including food & beverages, pharmaceuticals, and personal care & cosmetics. BPA free can is a terminology used for metal and plastic cans, internally or externally coated with BPA-free coating solutions such as vinyl, acrylic, polyester, and oleoresins.

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Growing Consumer Concern over BPA-based Products to Drive BPA Free Cans Market

Concerns over the use of BPA-based products have increased significantly in the past few years. Several organizations have invested hefty amounts in the research activities to find out health hazards of BPA-based products. Moreover, they are continuously engaged in creating public awareness to give up on BPA containing products such as metal cans. However, government in most countries still do not find BPA harmful and hence, have not banned the use of BPA in food contact applications. However, the decline in the use of BPA-based products in most of the developed countries is primarily driven by consumer disinterest but not by government enactments. Moreover, consumer disinterest in BPA-based products led food processing companies to switch their packaging products or use BPA free coatings in their metal can packaging format, which has ultimately increased the demand for BPA free cans.

• For instance, Del Monte Foods, Inc., a U.S.-based manufacturer and marketer of food products, stopped using BPA-based packaging products for all of their tomato and canned fruits & vegetables products

Food Industry to Remain Prime End User of BPA Free Cans

Fresh fruits & vegetables, ready-to-eat foods, sauces, dressings, condiments & soups, meat & seafood, and other such products are gaining traction in the global BPA free cans applications in the food industry from the past several years. Foods packed in BPA free cans help to significantly balance food waste, which constitutes an integral part of landfill stream. Not only do canned foods last longer but also pieces, such as cores & peels of fruits and vegetables, are used to feed livestock and create manure for healthier soil.

t: Segmentation By Types

Based on product type, the active electronically scanned arrays (AESA) is predicted to experience the highest growth in terms of revenue during the forecast period. AESAs are fitted with receivers and transmitters, which yet again consist of several small modules of transmitter/receivers. AESAs have high capability of spreading emissions across a very wide range of frequencies. Thus, it is utilized extensively across wide area for sea and land surveillance.

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Electronically Scanned Arrays Market: Segmentation By End User

On the basis of end user segment, the naval sector is predicted witness the most promising growth in the coming years. For tracking and detection of naval activities, naval radars are extensively used. The primary function of naval-based radar system is locating warships, offshore patrol vessels (OPV), submarine and various other vessels of naval vessel. Radar-based naval systems are also used extensively for detecting ammunitions and anti-ship missile.

On the other hand, medium range category of the electronically scanned arrays is forecasted to witness the fastest growth over the forecast period. These radars are utilized to locate targets in the range of 50 km to 150 km. These radars work in the frequency of 8 to 40 GHz and are used efficiently in the management of warships, maritime activities, naval activities and management of air traffic