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The global business jet market size was valued at USD 23.57 billion with an estimated 703 jets delivered in 2018. The market is expected expand at a CAGR of over 3% over the forecast period. Factors such as continuous wealth creation in mature markets as well as the rising penetration of business aviation in emerging economies are anticipated to drive the growth. The advent of new and technologically advanced aircraft models is expected to further fuel the growth. Emerging economies across the globe are expected to witness an increased demand for business jets owing to converging adoption towards mature market levels. Read More »
The global diving suit market size was valued at USD 498.2 million in 2018, with an estimated 1.3 million units sold in the same year. Growing number of people engaging in recreational activities globally is expected to drive demand for diving suits over the forecast period. These suits are gaining immense popularity owing to their diversified applications in sea rescue and other commercial operations.The market has been witnessing continuous product developments and innovations in material technology over the last few years. Manufacturers are investing in R&D in order to enhance the overall consumer experience. Read More »
The global digital oilfield market size is expected to reach USD 40.21 billion by 2025, expanding at a CAGR of 4.7%, according to a new report by Grand View Research, Inc. Expected gr... Read More »
The global diving suit market size is expected to reach USD 721.0 million by 2025, expanding at a CAGR of 6.2% over the forecast period, according to a new report by Grand View Research, Inc. Rising number of individuals participa... Read More »