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Brazil Industrial Control System (ICS) Market Expanding To Reach USD 1.9 Billion by 2025

According to Goldstein Research, Brazil ICS market is expected to reach USD 1.9 billion by 2025, growing at a CAGR of 8.93% over the forecast period 2017-2025. The factors such as automated industrial environment and use of advanced technologies such as robotics are increasing the demand for efficient and secure industrial solutions and thus driving the growth of industrial control system market in Brazil. Brazil ICS market segmentation has been carried out on the basis of the control system, applications, end users, and geography. The multiple processes in the manufacturing industry which require effective monitoring and automation of the processes. Thus the Manufacturing industry segment of the end users accounts for a market share of 25.68% in 2017. Brazil ICS market has immense growth opportunities owing to the fact that Brazil is a developing country and thus it facilitates developmental activities in the power and energy and transportation industry. Moreover, the growing
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Digital and Connected Cockpit: New Way of Faster, Clearer & Accurate Communication


A digital glass cockpit system reduces the workload for pilots while managing and coordinating with large networks of sensors and platforms. In order to increase fleet management capability, digital glass cockpit systems are adopted among military aircrafts which were more ubiquitous in civil aviation industry. Moreover introduction of high-speed and secure broadband in cockpit is expected to be a game changing factor for both aviation and automotive industries. Connected cockpit systems deliver much faster communications with high safety and easy operational applications. This innovation is likely to bring vast improvements for safety and efficiency and is expected to boost the growth for the cockpit electronics market in the near future.

According our market study on Global Cockpit Electronics Market, the market is segmented on the basis of product type and by end user. End-user segment is further categorized into automotive industry and aviation industry. Growing demand for connected cars is contributing in the dominance for automotive industry in global cockpit electronics market. However, rising inclination of aviation industry towards digital cockpit over conventional analog cockpit system is likely to fuel the cockpit electronics market for aviation industry over the forecast period.

Cockpit electronics market for aircrafts end use industry is anticipated to reach over USD 20 billion by the end of 2024. Geographically, Asia Pacific is the fastest growing market due to booming automotive industry in the region. Asia-Pacific cockpit electronics market is anticipated to reach USD 18.84 billion in 2024, expanding at a strong compound annual growth rate over the forecast period. This can attributed towards huge demand of automotive and the strong growth of aviation industry in the region.


To know more browse full cockpit electronics market report - https://www.goldsteinresearch.com/report/cockpit-electronics-market-outlook-2024-global-opportunity-and-demand-analysis-market-forecast-2016-2024
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