The market is expected to grow at a CAGR of 12 11% during globenewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from globenewswire.com Daily Mail and Mail on Sunday newspapers.
Global Defense Electronics Security and Cybersecurity Market Value to Reach $51.59 Billion by 2025
The defense electronics security and cybersecurity industry analysis projects the market to grow at a significant CAGR of 9.65% on the basis of value during the forecast period from 2020 to 2025.
North America dominated the global defense electronics security and cybersecurity market in 2019. Europe, including the major countries such as Russia, the U.K., Germany, and France is also the most prominent region for the defense electronics security and cybersecurity market. In Europe, Russia acquired a major market share in 2020 due to well-developed cybersecurity infrastructure with advanced security solutions.
The threats to civilian and military assets are accelerating in diversity, ferocity, and volume every day. Thus, the militaries of various countries require the need for advanced security systems, which can adapt to a changing landscape and help in crucial missions. Manufacturers
Global Defense Electronic Security and Cybersecurity Market 2020-2025: Opportunities - Modernization Plan of DFs / Expansion of Facility by the Key Players / Increasing Launch of Cybersecurity prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.
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The global propylene oxide market is anticipated to achieve a CAGR of 4% during the forecast period, i.e. 2021-2025.
On account of the growing number of applications in a wide variety of end-use industries such as food & beverage, pharmaceuticals, plastics, and others, the production of propylene glycol has seen a substantial rise in recent years. Propylene glycol is used as a chemical feedstock in the manufacturing of unsaturated polyester resins, medication vaporizers, hand sanitizers, airplane de-icing oils, and solvents for several compounds. The rising number of applications of propylene glycol derived from propylene oxide is another main factor responsible for the growth of propylene oxide market.
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The global propylene oxide market is anticipated to achieve a CAGR of 4% during the forecast period, i.e. 2021-2025.
On account of the growing number of applications in a wide variety of end-use industries such as food & beverage, pharmaceuticals, plastics, and others, the production of propylene glycol has seen a substantial rise in recent years. Propylene glycol is used as a chemical feedstock in the manufacturing of unsaturated polyester resins, medication vaporizers, hand sanitizers, airplane de-icing oils, and solvents for several compounds. The rising number of applications of propylene glycol derived from propylene oxide is another main factor responsible for the growth of propylene oxide market.