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The development of innovative technology by researchers in order to meet the increasing need is expected to be a major trend in the market. For instance, in February 2020, Enexor BioEnergy, an organic waste-to-energy company, has announced the release of its on-site, small-scale plastics-to-energy technology: the PTE-200, which converts unrecyclable plastics into affordable clean energy (75kW power and 125kW thermal).
Hemspatil31 Dec, 2020Technology
Advantages offered by digital microscopes over conventional optical microscope such as cost-effectiveness, portability (portable digital microscopes), image sharing and storage, and avoidance of sample spillage are expected to fuel growth of the digital microscopes market. Moreover, factors such as increasing product development and launches by major players, and presence of major players in key regions are expected to augment the market growth.
The global intravenous stopcock market is expected to exhibit a CAGR of 7.73% during the forecast period (2020-2027), owing to the strategic collaborations by key players for market expansion coupled with new product development key industry players are widely adopting organic development strategies, which is aiding in the growth of the market. For instance, in February 2016, Elcam Medical announced the launch of its Marvelous (MRLVS) stopcock, which is a three-way stopcock made by a high-performance plastic Makrolon.
The global microkeratome market is expected to witness significant growth due to the growing prevalence of eye disorders coupled with the rising elderly population. For instance, according to the World Health Organization (WHO), refractive errors and uncorrected cataracts are the major causes of vision impairment. In 2019, around 2.2 billion cases of vision impairment or eye disorders were registered all across the globe.
The global recycled construction aggregates market is expected to exhibit a CAGR of 6.0% during the forecast period (2020-2027). Recycled construction aggregates has witnessed a surge in growth of demand in the recent past owing to the rising preferences for environment friendly and recycled product-based construction materials & components in construction industry.
The global sterile bottles market growth is driven by increasing demand for sterile bottles from various industries such as pharmaceutical and medical. With the emergence of Covid-19 pandemic, all the countries across the globe are focusing on enhancing their healthcare infrastructure and laboratories. This would have a direct impact on growth of the sterile bottles market.
On the basis of application, the cement grinding aids market is segmented into ball mills, vertical mills and ground-granulated blast-furnace slag (GGBS) grinding. Among these, the ball mills segment is projected to hold dominant position in the market over the forecast period. The ball mills are highly used by cement manufacturers. The numerous advantages of ball mills such as its low installation cost and low production cost have resulted in significant growth of the global cement grinding aids market. Also, this type of mill is suitable for materials of all degree of hardness, and is suitable for batch and continuous operations.
The global biomass solid fuel market is expected to exhibit a CAGR of 8.5% during the forecast period, in terms of revenue. The growth of the global biomass solid fuel market is attributed to increasing demand for renewable energy across the globe. Various manufacturing units are shifting their energy source from coal to biomass solid fuel to adopt sustainable energy sources. For instance, in 2019, Toshiba converted the Mikawa coal-fired power plant to operate as a biomass-fired power plant. Besides, according to National Renewable Energy Laboratory (NREL), the production of wood pellets has witnessed rise in the recent years, owing to the emission policy imposed by the European Union (EU)
Hemspatil16 Dec, 2020Technology
Automotive infotainment systems have changed significantly over the years due to gradual innovation and inventions and reinventing vehicle dashboards from only music consoles to a wide range of applications that help the driver and passengers stay connected with their surroundings and the world outside of the vehicle along with entertainment while on move.
The global weight loss and obesity management market is expected to exhibit a CAGR of 7.2% during the forecast period (2019-2027), owing to product launches, and increasing investment in research and development by manufacturers. For instance, in September 2019, the U.S. FDA approved Novo Nordisk semaglutide which is a new diabetes drug that reduces blood sugar levels and also helps people lose weight significantly. Its once-a-week shot for people with type 2 diabetes.
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