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Some of the leading players currently in this satellite Earth observation market include companies such as Airbus S.A.S, BAE Systems, Ball Corporation, BlackSky Technologies, Capella Space, EarthDaily Analytics (UrtheCast), Geospatial Insight, HawkEye 360, ICEYE, Kongsberg Satellite Services (KSAT), L3 Harris Technologies, Maxar Technologies, RS Metrics, Satellogic, Spire Global, among others. The global satellite Earth observation market data is expected to reach $15,903.0 million by 2032, with a CAGR of 6.92% during the forecast period 2022-2032.

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Some of the main challenges restricting the growth of the intelligent transportation systems market are high costs associated with ITS, differences in ITS architecture globally. The global intelligent transportation systems market is expected to reach $40.76 billion by 2031, growing with a CAGR of 5.8% during the forecast period 2021-2031.

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The global satellite spectrum monitoring market is estimated to reach $5.14 billion in 2031 from $2.55 billion in 2021, at a growth rate of 7.24% during the forecast period. The major driving factor for the market's robustness is the increasing growth in the small satellite market with the predicted launch of satellite constellations of communication for the various end users such as defense, government, and commercial is another major factor contributing to the spectrum demand.

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The small launch vehicle industry is expected to reach $4,624.0 million by 2032, with a CAGR of 13.34% during the forecast period 2022-2032. The use of small satellites for several applications such as Earth observation, communication, and space exploration is expected to drive the growth of the SLV market.

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The potential opportunities that are likely to boost the growth of the autonomous vehicle simulation solutions market are paradigm shift from private car ownership to shared mobility, increasing focus on vehicle platooning, and use of simulation in fourth industrial revolution.

The autonomous vehicle simulation solutions market is expected to reach $2,971.4 million by 2031, with a CAGR of 13.4% during the forecast period 2022-2031.

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The COVID-19 outbreak affected the whole economy across the world. The COVID-19 pandemic had a severe impact on the automotive industry. In this outbreak, some industries are doing well while others have been crushed.

The automotive inverter market was estimated to be at $8.3 billion in 2020, which is expected to grow with a CAGR of 17.09% and reach $50.1 billion by 2031.

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The global IoT solutions for micromobility market was estimated to be at $3.4 billion in 2020, which is expected to grow with a CAGR of 17.39% and reach $26.3 billion by 2031.

The COVID-19 pandemic caused havoc on global businesses. Global industries are currently facing challenges from the economic side of the market. The market is in a slump, making trade activities difficult during this time. The pandemic has disrupted the market's supply chain.

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Scope of the Electric VTOL Aircraft Market [2022]

The purpose of the electric VTOL aircraft market analysis is to examine the electric vertical take-off and landing (eVTOL) aircraft market outlook in terms of factors driving the market, trends, technological developments, and competitive benchmarking, among others.

The report further takes into consideration the market dynamics and the competitive landscape of the key players operating in the market.

The electric VTOL aircraft (eVTOL) market is segregated into four major regions, namely North America, Europe, Asia-Pacific, and Rest-of-the-World. Data for each of these regions, along with country-level analyses, is provided in the market study.

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The food traceability industry is expected to grow at a CAGR of 9.10% during the forecast period, 2020-2025.

Top players in the food traceability industry include Honeywell International Inc, C.H. Robinson Inc, DuPont Nutrition and Biosciences, Bio-Rad Laboratories, IBM Corporation, Intertek Group, Cognex Corporation, and Zebra Technologies, among others.

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The automotive smart tire industry is expected to reach $110.39 Billion by the end of 2026.

Futuristic trends that can influence the growth of the automotive smart tire industry include energy harvesting in tires for next-generation autonomous vehicles, green tire, self-inflating tire, multi-chamber tire, and shape-shifting tire.

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The AR in agriculture market is expected to reach $4.43 million by 2026, with a CAGR of 37.4% during the forecast period 2021-2026. High growth in the market is expected to be driven by the growing demand for precision agriculture and smart farming methods, which will further increase the demand for other digital technologies along with augmented reality.

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Farm equipment rental market is expected to reach $46.28 billion by 2026, with a CAGR of 6.63% during the forecast period 2021-2026.

The top market players in farm equipment rental industry are Deere & Company, Escorts Limited, JC Bamford Excavators Ltd., Mahindra & Mahindra Ltd., Tractors and Farm Equipment Limited, Associated Supply Company, Inc., Cedar Street Sales & Rentals, Farmease, Flaman Group of Companies, German Bliss Equipment Inc., KWIPPED, Inc., Messick's, Pacific Tractor & Implement, The Papé Group, Inc., Titan Machinery Inc.

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The anti-money laundering software industry is segregated by region under five major regions, namely North America (U.S. and Canada), Europe (Germany, U.K, Spain, Italy, and Rest-of-Europe), Asia-Pacific (China, Singapore, Japan, Australia, India, and Rest-of-Asia-Pacific), Latin America (Brazil, Mexico, and Rest-of-Latin America), Middle East and Africa (GCC Countries, Israel, and Rest-of-Middle East and Africa.

The anti-money laundering software industry analysis by BIS Research projects the market to grow at a significant CAGR of 14.12% on the basis of value during the forecast period from 2020 to 2025. 

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Several leading companies in the active space debris removal industry are Airbus S.A.S., Lockheed Martin Corporation, European Space Agency, ISRO, and Northrop Grumman Corporation, offer products and services in the sector. 

According to BIS Research analysts, the global industry for active space debris removal is expected to observe a significant CAGR of 27.66% over the period 2020-2030.

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As per the BIS research analysis, the in-space manufacturing, servicing, and transportation industry are projected to grow at a significant CAGR of 17.26% during the forecast period 2020-2030.

The North American region (which includes the U.S. and Canada) is expected to dominate the in-space manufacturing, servicing, and transportation industry in 2030 with an overall share of 45.57%.

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Next-Generation Automotive Lighting market to grow at a significant CAGR of 13.56% during 2020-2030.

The companies operating in the next generation automotive lighting industry include Magneti Marelli S.p.A., HELLA GmbH & Co. KGaA, OSRAM GmbH, Valeo Group, KOITO Manufacturing Co. Ltd., Hyundai Mobis Co. Ltd., Varroc Group, Magna International Inc., Flex-N-Gate Corporation, DRÄXLMAIER GROUP, Sigma International, J W SPEAKER CORPORATION, Faurecia S.A., LG Innotek Co., Ltd., and Stanley Electric Co., Ltd.

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Find out More on Nanosatellite and Microsatellite Market trends, industry outlook and top suppliers with this comprehensive report from BIS Research

The nanosatellite and microsatellite industry analysis by BIS Research projects the market to have a significant growth of CAGR 24.86% based on the values during the forecast period from 2020 to 2026.

North America is expected to dominate the global nanosatellite and microsatellite industry with an estimated share of 54.46% in 2019.