Travel Insurance Market Expected to reach US$ 40,067.4 Mn by 2025, expanding at a CAGR of 9.9% from 2017 to 2025.

Nowadays travel has become a key part of academics, businesses, and personal life, exposing people to travel related contingencies. In order to mitigate the risks associated, it’s always a better option to buy a travel insurance plan. Travel insurance offers insurance protection while you travel. It is important to understand whether the policy covers domestic travel or overseas travel or both. Travel insurances helps in protecting families and individuals against travel related accidents, unexpected medical expenditure during travel, losses such as baggage loss, loss of passport, etc. and also interruption or delays in flights or delayed arrival of baggage etc. The global market is at a growing stage and is an extremely attractive market thereby supporting the increase in the tourism growth levels and the business travels during the forecast period. In terms of revenue,

Global Travel Insurance Market was valued at US$ 17,530.5 Mn in 2016 and is expected to reach US$ 40,067.4 Mn by 2025, expanding at a CAGR of 9.9% from 2017 to 2025.

The Global Travel Insurance Market is enhanced by factors such as:

• Growing tourist traffic.

• Rise in globalization.

• Increased incidences of loss of luggage.

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Based on distribution channel segmentation, in 2015, traditional channel encompassing insurance intermediaries consisting of tour operators and travel agents accounted for around half of the overall sale of travel insurance policies and is projected to lead the market throughout the prognosis period. Insurance aggregators is anticipated to be the fastest growing channel owing to the widening usage of internet worldwide.

On the basis of end-user segmentation, senior citizens offer immense opportunity for travel insurance companies as they have been identified as the major buyers of long-duration travel insurance policies. Leisure and medical treatment are key reasons for senior citizens to travel. After working diligently for decades, the Gen S individuals seek to travel and explore exotic locations and cherish these experiences forever.

Among trip type, the single trip travel insurance policy dominated the market in the previous years, accounting for around 71% of the overall market revenue owing to increase in popularity and affordability of constant city breaks, upsurge in family travelers, shopping trips abroad, and winter sun holidays. Further, the annual multi trip travel insurance policies are expected to be the fastest growing policy type during the forecast period.

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Geographically, all Asia-Pacific economies would see a significant increase in the number of older people and this trend would be particularly observed in Singapore, China, and Korea. The over 50s, and more precisely the over 65s, shall account for an increasingly significant portion of leisure travelers predominantly in Australia and Japan, where over 65s now account for over 20% of all leisure travelers.

Some of the leading players operating in the Global Travel Insurance Market include CSA Travel Protection, USI Affinity, Seven Corners Inc., Travel Safe, MH Ross, Allianz Global Assistance, Travel Insured International, AIG Travel, and InsureandGo.

Superabrasives (Turning, Cutting, Buffing, Drilling, Boring, Grinding) Market Research Report 2025

An abrasive is a material which molds or provides finishing to a work piece through a process which includes buffing, grinding, cutting, as well as polishing. Abrasion typically depends on the difference in the hardness of the material and the abrasive (with the latter being the harder of the two). Unlike regular abrasion where any two solid materials that repeatedly rub against each other tend to wear away, superabrasives possess the kind of hardness that enables them to stay usable for a longer period of time. On the basis of hardness, the top two superabrasives include diamond and cubic boron nitride (CBN). Industrial diamonds used as superabrasives are exceptionally hard materials. However, they display several technological limitations. For instance, when a diamond comes in contact with a ferrous alloy such as steel or a nickel superalloy, the resulting formation of carbide leads to its abrasion. Also, a diamond-containing tool can only be used at moderate temperatures a

Industrial Lubricants Market: Strong Demand Across Automotive Industry, Trends To 2025

Lubricants refer to the organic or inorganic material primarily being use to decrease friction between two surfaces in contact. Lubricants play a key role in several industries as well as in commercial and residential sectors. One of their most common uses is in the lubrication of bearings and gears, allowing for their easy movement at high speeds, without loss in energy, prevent excessive generation of heat, or most importantly, prevent damage that would be caused otherwise. Industrial lubricants are, therefore, essential in enhancing the overall efficiency of a machine that contains moving parts in contact with one another. The global industrial lubricants market is currently expanding at a solid growth rate, driven by several factors and spearheaded by the likes of BP, Total, Chevron Corporation, ExxonMobil, and Shell. Browse Market Research Report @ http://www.transparencymarketresearch.com/industrial-lubricants-market.html What Impact has the Oil and Gas Industry Had

Rapid Prototyping Market - Rapidly Gaining Importance in Aerospace Sector, Research By 2024

Rapid prototyping is a technique in which the physical modeling of a design is done with the help of specialized machining technology. It was developed initially in the mid-1980s, the principle used in this technology is of solid modeling with the help of computer programs (i.e. CAD). Solid modeling makes use of computer aided-design (CAD) data to completely describe not just the external shape of parts or equipment, but its interior volume as well as the outside surfaces. The computer model is sliced into thin layers and the part of the product or commodity to be modelled or developed as per the requirement, is eventually fabricated by adding layers onto each other. Obtain Report Details @ http://www.transparencymarketresearch.com/rapid-prototyping-market.html The primary benefit of the system is that almost any shape can be manufactured using computerized programs. Time and money savings vary from 50% to 90% compared to conventional systems. Types of rapid prototypi

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