Market Research

 Global LPG production from natural gas is much higher than from crude oil production. Natural gas extracted from the earth's crust contains a mixture of gases and liquids (propane and butane) that are extracted to produce LPG. The majority of the LPG produced globally is extracted from natural gas, while the rest is produced during crude oil processing in refineries. LPG extracted from natural gas is estimated to be the highest in North America, which contributes to the maximum percentage of LPG produced globally. According to the United Nations Data, in 2021, natural gas liquids from the United States accounted for around 151,604 metric tons, the world's highest. It grew by 4.2% as compared to 2020. A similar trend is expected to be followed during the forecasted period. Moreover, the global production of natural gas liquids increased significantly. According to BP Statistical Review of World Energy 2022, in 2021, global natural gas liquids production was at 12047 thousand ba...

 Radioactive nuclear waste includes any material that is intrinsically radioactive or contaminated by radioactivity and deemed to have no further use. Low-level waste (LLW) generated from the nuclear fuel cycle has a radioactive content not exceeding 4 giga-becquerels per ton (GBq/t) of the alpha activity or 12 GBq/t beta-gamma activity. To reduce its volume, LLW is often compacted or incinerated before disposal.  It does not require shielding during handling and transport, and it is suitable for disposal in near-surface facilities. The market studied is dominated by LLW, which comprises 90% of the volume but only 1% of the radioactivity of all radioactive waste. Management practices for the disposal of LLW (adopted or under consideration) encompass three main options, such as near-surface disposal, disposal in caverns at intermediate depth, and disposal in deep geological formations.  The spent fuel and nuclear waste management market is expected to record a CAGR of 1.5%...

 In binary cycle power plants, the water or steam below the earth never comes in direct contact with the turbines. Instead, water from geothermal reservoirs is pumped through a heat exchanger where it heats a second liquid-like isobutene (which boils at a lower temperature than water). This second liquid is heated into steam, which powers the generator's turbines. The hot water from the earth is recycled into the earth through the injection well, and the second liquid is recycled through the turbine and back into the heat exchanger, where it can be used again. Dry-steam and flash plants, which require rarer, high-temperature, shallow reservoirs, produce higher power output and are more economically efficient than binary plants. However, they offer more options for suitable locations because binary plants can operate at reservoirs with lower temperatures. The Geothermal Energy Market size in terms of installed base is expected to grow from 15.27 gigawatt in 2023 to 17.44 gigawatt by...

 The diagnostic imaging equipment segment covers a wide array of medical devices used for diagnostic purposes like ultrasound, X-ray, and MRI, among others. It has a vast range of applications in the oncology, orthopedic, gastro, and gynecological fields. The key factors bolstering the diagnostic imaging segment are the rising burden of chronic diseases (as these devices are used in diagnosing diseases) and technological advancements in diagnostic imaging. According to the American Cancer Society 2022, in the United States, around 1.9 million new cancer cases and 609,360 cancer-related deaths are anticipated to be identified in 2022. Thus, a rise in the incidence of cancer escalates the demand for diagnostics imaging devices and is expected to drive market growth. Technological advancements and product launches in diagnostic imaging are driving the diagnostic imaging equipment segment globally. For instance, in July 2022, Fujifilm Europe launched a new flexible, hybrid C-arm and po...

 The advanced dressings (for example, alginate, film, foam, hydrocolloid, and hydrogel dressings) are made to make it easier for fluid to move around a wound's surface. This dressing also takes less recuperation time, simplicity of use, and cost-effectiveness are just a few advantages these products provide, all of which are anticipated to support segment expansion. Further, advanced wound dressings regulate the surface by retaining moisture or absorbing exudate, protecting the wound base and tissue surrounding the wound. Due to this, they are used widely in the burn care market and are expected to occupy a significant share of the studied market over the forecast period. The burn care market is projected to register a CAGR of 7.2% during the forecast period. COVID-19 significantly impacted the burn care market due to the strict regulations on the burn care industry. For instance, according to an NCBI research study published in November 2021, the study was conducted in over 43 cou...

 With the increasing infections in nosocomial infections, hospital segment is expected to be a dominant segment in the nitrile medical gloves market. Most of the infections are spread through a contact and according to Centre for Disease Control and Prevention, 1 out of 25 patients get infected due to hospital acquired-infections. Hence, it poses a great risk for patient’s health in a hospital. According to World Health Organization, surgical site infection and urinary tract infections are one of the most common type of hospital acquired infections. According to the study, “ NHSN Surgical Site Infection Survelliance 2018”, around 11% of death accounted was due to surgical site infection.  The Nitrile Medical Gloves Market is expected to register a CAGR of 7.7% during the forecast period. Growing burden of hospital acquired infections and steady advancements by companies is expected to be the key drivers for nitrile medical gloves market growth. Healthcare associated infections...

 A blood glucose test measures the total amount of glucose in the blood. The symptoms of various disorders like diabetes usually appear suddenly, and are why blood sugar levels must be checked. Self-testing blood sugar is also important to manage diabetes and prevent complications. The rising prevalence of type I and type II diabetes, coupled with the growing cases of hereditary diabetes, also supports the growth of the glucose testing segment. Furthermore, the prevalence of diabetes increased in recent years, and many reports predict that this prevalence will increase further in the future. For instance, as per the December 2021 report by the International Diabetes Federation, approximately 537 million adults (20-79 years old) lived with diabetes in 2021 across the globe. The total number of people living with diabetes is projected to rise to 643 million by 2030 and 783 million by 2045. It will increase the demand for blood glucose testing, which will help the market grow. The Glo...

 In modern-day construction, the use of high-performance materials is essential. High performance entails that the material is strong, lightweight, and durable and can be used in various applications. For this reliability, sandwich panels can be one of the best options for industrial buildings. The vast spectrum of applications includes everything from industrial building construction to insulated roof and wall panels. Sandwich panels are in high demand in industrial applications, particularly in cold storage facilities and warehouses. The number of cold storage operations meant to extend and ensure the shelf life of fresh agricultural produce, seafood, frozen food, photographic film, chemicals, and pharmaceutical drugs is rapidly increasing. Multinational companies' expansion of retail food chains led to increased demand for cold storage. These factors, in turn, are expected to augment the demand for sandwich panels across the globe. The sandwich panel market is anticipated to reg...

 Organizations today have a growing need for reliable and high-performance storage. Hyperconverged infrastructure (HCI) provides a secure and efficient solution by integrating networking, storage, and computation into a single system. This consolidation of resources streamlines management, reduces costs, and is considered crucial by many enterprises for their strategic IT priorities. The market for HCI is expanding due to the increasing adoption of HCI solutions, particularly in areas such as data security and disaster recovery. The widespread use of digital technology platforms like social media and knowledge platforms has also contributed to the growing demand for HCI. According to the IBM Data Breach's recent report, the average cost of data breaches has increased by 2.6% to USD 4.35 million, with penalties included. HCI systems mitigate the risk of data security breaches through their components and applications, and they often incorporate high-security AMD processors with secu...

 Levulinic acid and its salts (majorly sodium levulinate) are water-soluble. They are commonly used in beauty and personal care products, as it is approved by the US Food and Drug Administration (FDA). Moreover, the rules governing cosmetic products in the European Union do not restrict these ingredients' use. According to the FDA's Voluntary Cosmetic Registration Program (VCRP) survey data, levulinic acid is used in around 130 cosmetic formulations, and sodium levulinate is used in approximately 400 cosmetic formulations; levulinic acid has the highest maximum concentration of around 4.5% in hair dyes, while sodium levulinate is used at a maximum concentration of 0.62% in mouthwashes and breath fresheners. Continuous growth in online beauty spending, expanding social network use, increasing consumer interest in new and premium products, accelerating urbanization, and the growth of the upper-middle-class population are the major factors driving the cosmetics market worldwide-...

 Optical fiber cable (OFC) plays a crucial role in modern telecommunication infrastructure. Over the last decade, fiber optics has become the preferred transmission medium to cater to aggressive bandwidth demands from various sources, including the Internet, e-commerce, computer networks, and multimedia. Fiber optic cables offer the advantage of infinite bandwidth, which makes them capable of handling vast amounts of information. They are used to connect different network nodes in telecommunication networks, such as cell towers, data centers, and internet service providers, enabling the exchange of large amounts of data between different locations. Fiber optic cables have also enabled the development of high-speed internet connections and advanced communication technologies, such as video conferencing, online gaming, and cloud computing. North America has obtained a prominent position owing to the increasing pace of fiber optic deployment in the country in recent times. For instanc...

 White spirit is a petroleum-derived, transparent liquid that stands to be an effective organic solvent widely used as a paint thinner. White spirit is commonly used in the construction industry, wherever paints are used. The growth of the global construction industry is boosting the demand for paints and coatings, stimulating the white spirit market. According to the US Census Bureau, during December 2021, the construction spending in the country was estimated at a seasonally adjusted annual rate of USD 1,639.9 billion, 0.2% more than the revised November estimate of USD 1,636.5 billion. China's growth is fueled mainly by rapid residential and commercial building expansion. China is encouraging and enduring a continuous urbanization process, with a projected rate of 70% by 2030.  Asia-Pacific is expected to dominate the market for the white spirit during the forecast period due to increased demand from countries like India and China. According to China's five-year plan unveil...

 The processed foods segment has witnessed a significant rise in the market in recent years, owing to changes in lifestyle patterns of consumers and a strong influence on the consumption of convenience foods. Since ancient times, enzymes have been utilized unwittingly in manufacturing, such as while creating bread. They can be obtained either through fermentation from microorganisms or extraction from plants or animals. Although they may contain various amounts of the other naturally occurring components of these three sources, they are typically refined. Food enzymes are typically added to foods to fulfill a technological need during food production, processing, preparation, and treatment. One of the major factors driving the food additives market's growth is the rising demand for convenience and processed foods such as ready-to-eat foods, ready-to-drink beverages, snacks, frozen meals, and others. Consumers are demanding healthy food products along with variety in taste. Hence, s...

 Large-scale recombinant protein production is becoming progressively critical for applications in the field of proteomics, structural biology and protein therapeutics. When large quantities of protein need to be produced cells must be cultured in large volume by the implementation of fermentation techniques. As the production of these proteins increases the demand for the viral clearance process also increases. The major factors driving the growth of the segment are the increasing demand for biopharmaceuticals for treating chronic conditions like diabetes cancers, and these drugs are forging their ways in the field of inflammatory disease management, such as psoriasis, multiple sclerosis, rheumatic diseases, and inflammatory bowel diseases. The introduction of recombinant proteins has revolutionized the development and manufacturing processes of biotherapeutics. The number of recombinant drugs is expected to grow further as multiple biologics and vaccines consisting of recombinan...

 The BFSI sector is poised to significantly adopt DRaaS solutions because financial institutions such as commercial banks and credit unions build their reputations around providing consistent and uninterrupted customer service. Any system downtime could damage these reputations and potentially lead to lost customers. The usage of DRaaS solutions could provide instant recovery of data, applications, and systems. Critical sectors, like banking, are expected to adopt cloud-based deployment of services increasingly. This is due to the IT sector's continuing quest for optimized infrastructure and the ability of solution builders to source application and infrastructure components from multiple providers to construct a hybrid cloud-based solution, thereby augmenting the studied market growth. Most financial institution-specific cloud recovery vendors will inspect and upgrade their cloud infrastructure to meet compliance, auditing, and financial sector standards. These regulatory modifica...

 The drug-eluting balloon is a non-stent device that uses an inflated balloon to distribute antiproliferative medicines efficiently and uniformly to the endothelial vessel wall. This ensures the artery is transparent and comprehensive and maintains optimum blood flow. The drug-eluting balloon segmental growth is attributed to peripheral and coronary artery disease's growing prevalence. For instance, according to the American Heart Association 2021 report, peripheral artery disease (PAD) affects more than 200 million people worldwide and is associated with high mortality and morbidity.  Moreover, the increasing geriatric population, which is prone to cardiovascular diseases, are projected to bolster market growth. For instance, according to the research study published in December 2021, by Elsevier, for older people aged 45 and above, the overall self-reported prevalence of diagnosed cardiovascular diseases (CVDs) was 29.4%. The prevalence rate increased with age, from 22% in ...

 With the expansion of e-commerce platforms, there is a growing need for material movement, transportation, and lifting applications, which is propelling market growth. Furthermore, the growing use of electric forklifts across sectors is boosting market growth. Various product improvements, such as the development of rapid battery charging systems for low downtime and extended operating life of forklifts, are also working as growth drivers. Nearly 2.1 million forklifts were sold worldwide in 2021. That year, battery electric vehicles (BEVs) accounted for more than half of all forklifts sold worldwide. Forklift sales are expected to reach about 2.4 million units in 2030, with BEVs accounting for around 1.5 million of those units. Further, in China itself, the total production of forklifts in China was forecasted to reach over 80 thousand units by 2030. Further, according to the Chinese Industrial Truck Association, sales of electric forklifts overtook those of internal combustion v...

The ceramics & bioactive glasses segment by material type is estimated to witness healthy growth in the future. This is attributed to the increasing adoption of several spine surgeries and interbody fusion procedures. In addition, an increase in synthetic cages and pedicle screws during fixation procedures drives segment growth. Synthetic cages and pedicle screws maintain stability in the target patient pool and increase allograft fusion rates. According to the personalized orthopedics of the Palm Beaches in November 2021, knee replacement surgery is carried out about 800,000 times a year in the United States alone, and that number keeps rising. Moreover, according to a study by The University of Queensland, in June 2022, Researchers discovered that 57.7% of the 56,217 patients who had knee replacement surgery for osteoarthritis (OA) were obese. Therefore, one factor that is also anticipated to fuel the segment's growth is the rising prevalence of obesity. Additionally, in Febr...

 The market is expected to be dominated by the commercial segment, whose revenue forms a major part of the total revenues of the industry. Currently, narrow-body aircraft are witnessing high demand, driven by increasing passenger traffic, mainly in developing countries. With the increasing demand, the production rates of commercial aircraft increased over the years, putting pressure on the players in the supply chain to increase their production capacities as well. The manufacturer of Airbus A320 and Boeing B737, two of the largest-selling commercial aircraft in history, saw steady growth over the years. Airbus is increasing the production of the A320 family of aircraft to 60 units per month. Hence, companies like FACC AG, Patria Aerostructures, Teledyne CML Composites, Ducommun Aerostructures, Avcorp Industries Inc., and CTRM are involved in the supply chain of fairings for these models, who will also be pressurized to ramp up their production levels. Thus, the market is expected ...

 Lithium-ion batteries are commonly used in electronic devices like smartphones, laptops, clocks, watches, and remote controls. Sales of consumer electronics are very much dependent on the country’s population and disposable income. Over recent years, the increasing disposable income in India led to rising living standards, driving the demand for consumer electronics. The lithium-ion battery technology offers much better energy density in Joules of energy per kg than the previous battery technologies, such as nickel-cadmium (NiCd) and nickel-metal hydride (NiMH). Lithium-ion cells' self-discharge rate is much lower than other rechargeable cells, which increased in popularity. Therefore, the availability of smaller batteries with better charge retention became imperative for electronic devices' energy requirements. In recent years, internet availability at significantly cheaper rates increased smartphone penetration drastically in India. India has much to offer in the smartphone...

 Light tanks are the most maneuverable and fastest of all tank types. They were intended to be deployed in large numbers, typically for frontal breakthroughs that other units could exploit. Light tanks have excellent cross-country mobility, but they may sacrifice armor protection or armament firing power depending on their design goals. Many countries are developing advanced new generation main battle tanks to equip their militaries. Examples of battle tanks manufactured for certain countries include the T-90MS and T-14 Armata for Russia, M1A2 SEP V3 for the US, the Leopard 2A7 for Germany, the VT4 (MBT-3000) and Type 99 (ZTZ99) for China, the Challenger 2 “Black Night” for the UK, the Leclerc XLR for France, the "Leclerc" EMBT for France and Germany, the Altay for Turkey, the K2 Black Panther for South Korea, the TAM 2IP for Argentina, the Type 10 for Japan, the Karrar for Iran, and the Merkava IV Barak / Merkava IV M Windbreaker for Israel. Additionally, there are many plan...

 Installation of traffic sensors will now be an integral part of traffic monitoring and to analyze the pattern of the moving vehicles and their interaction in the traffic. This is expected to help in enhancing the efficiency in traffic management, such as jams. Since there is a significantly increasing number of commercial vehicles, the players and institutions are coming up with advanced traffic monitoring systems. For instance, the Indian Institute of Technology (IIT) Delhi, India completed the prototype of smart traffic monitoring systems on the campus. Also, the major players and researchers are testing traffic monitoring using the latest emerging technologies. The researchers from the Texas Advanced Computing Center (TACC) commenced the test of traffic monitoring using AI, which in the future is likely to increase the utilization of traffic sensors. The increasing number of passenger cars is driving the need for advanced and optimized traffic management system. Since 2015, the...

 The North American market is the most technology-sensitive market, and HUD systems are expected to witness rapid demand in the region. The higher growth rates for HUDs in North America are likely to be driven by the increasing sales of SUVs and luxury cars. Over the past three years, passenger cars with HUD displays were unveiled at various exhibitions, but its penetration rate is low as compared to other display systems in consumer models. Many vehicles and display system manufacturers have been developing new HUD display systems equipped with more safety information features. Most of the cars launched in the market today are well equipped with a head-up display to improve the user experience and driving comfort. Demand for head-up displays globally has been steadily increasing, owing to the incorporation in luxury vehicles, electric vehicles, and other passenger segments by automakers, such as Audi, BMW, Volkswagen, and other luxury automobile brands. The North America Automot...

 Haircare brands use packaging to their advantage, both in the salon and beyond. Haircare for the retail segment is highly competitive, and hair care brands are relying on packaging differentiation to forge a connection with consumers. Most hair care brands experiment with the interplay of matte and gloss printing techniques and are increasingly incorporating sensory elements into their packaging. The use of treatment oils for added heat styling protection, imparting shine, or decreasing frizz has led to the increased use of dropper packaging as a dosing and precision application method. Many Japanese beauty giants are eager to push forward their presence in Europe. For instance, Kao’s haircare brand, Guhl, based in Tokyo, is tapping into the rising demand for sustainable products. Guhl, a Kao-owned hair care player available in Germany, Austria, Switzerland, and the Netherlands, has launched a new sustainable packaging, meaning its shampoo bottles now consist of 50% recycled polye...

 Silicone sealants are the most used type because of their unique properties, such as curing between temperatures of 40 degrees F to 140 degrees F, with drying only, good adhesion to porous surfaces, etc. Silicone sealants are widely used in the construction industry because of their applications, such as waterproofing, weather sealing, and crack sealing. The global construction industry is expected to grow at 3.5% per annum up to 2030. China, India, the United States, and Indonesia are expected to account for about 58% of global construction. Silicone sealants are widely used in the automotive industry because they apply to glass, metal, plastic, and painted surfaces. Their features are helpful in the automotive industry, such as extreme weather resistance, durability, and long-lasting. They are used in engines and car gaskets. The electric vehicles segment of the automotive industry is expected to record a 17.75% CAGR during the forecast period because of the increase in demand f...

 The majority of the world population is considering e-cigarettes or vapes as a healthier option compared to regular cigarettes. The added cost-effective nature of e-cigarettes over traditional ones is also driving the growth of the market. For instance, the cost of a single-use disposable e-cigarette is around USD 1-USD 15 per product. The rechargeable starter kits have multiple pods that cost around USD 25-USD 150 or more, whereas the liquid refill kits cost around USD 50-USD 75 monthly. The median price of a Marlboro Reds pack is around USD 13-USD 15, with nicotine content as high as 1.9 milligrams in each cigarette. The affordable cost of e-cigarettes, paired with the price-based marketing strategy of the vendors, encourages consumers to buy e-cigarettes. The affordability of the disposable models of e-cigarettes attracts consumers, making them an economical option. The reusability of e-cigarettes by refilling adds more value to the cost-effective aspect of the product, providi...

 The UK assets management industry primarily provides products and services for clients who broadly fall into either the retail or institutional category, while a small number of IA member firms also operate directly in the private client market. In 2021, assets managed on behalf of institutional clients continued to make up the majority (77%) of assets, while just over a fifth (22%) was managed on behalf of retail clients. Pension clients are the single largest client group in the institutional market and account for 40% of the total assets under management. Among the rest of the institutional client market, insurance clients represent the second largest group, representing 11% of AUM. The UK Hedge Funds Market is poised to grow at a CAGR of more than 8% during the forecast period.  Hedge funds are investment companies that make an alternative investment option and perform trades from pooled investment funds. Hedge funds find their success in utilizing focusing on risk...

 Factors such as the desire to drink healthy water, health concerns, and poor tap water quality in Pakistan are the main reasons for consumers' interest in bottled water. For instance, Pakistan is one of the countries where fluorosis is endemic, and the Thar Desert areas of Sindh province are among the affected areas. The groundwater, especially the water in unconfined aquifers, is the primary source of drinking water for people living in those areas of Sindh. Groundwater is mostly available in dug wells, generally at a depth of 30 to 75 meters, which is salty and highly contaminated by the presence of fluoride. Fluorosis is high in such areas, including dental, skeletal, musculoskeletal, and other forms of fluorosis. Additionally, the release of untreated industrial waste, unsafe sewage systems, agriculture run-off, and unplanned urbanization has downgraded water quality over the years, especially in the big cities, due to which the urban population has been constant for the past ...

 By end user, the commercial aviation market is expected to witness significant growth during the forecast period. The increasing number of commercial aircraft deliveries in various countries owing to the growing air passenger traffic is the main reason for the growth of the market during the forecast period. According to Airbus, the company till September 2022, received a total order of 647 aircraft in as compared to 133 aircraft orders received during the same period last year. In addition, Airbus claims that its production backlog reached 7,294 aircraft in September 2022. Out of the 647 aircraft orders, the company delivered 437 aircraft by end of September 2022 as compared to 424 aircraft in September 2021. Moreover, the commercial order backlog of Boeing stood to 4354 aircraft. As so September 2022, Boeing announced that they have delivered 328 aircraft including 26 737 MAX aircraft. On the other hand, the fleet modernization plans of airlines have led to a surge in the number...

 The population's growing concern for their own personal health and fitness and increased smartphone penetration are the main drivers propelling the growth of the market under study. Also, people have become more interested in smartwatches in recent years because they have high-tech features like tracking, alerts, and connection. The most helpful element of wearable technology has been monitoring health and raising awareness of health issues. It benefits customers by offering the required health indicators to exercise lovers, but it also gives patients information about their condition. New users of smartwatches are rapidly increasing, with older people among them. This is due to the addition of health-monitoring capabilities by wearable manufacturers like Apple and Fitbit, which appeal to older people and keep them informed about their health in real time. For a variety of reasons, patients frequently forget to take their medications. Reminding patients when it's time to take ...

Large-scale hydropower is a form of renewable energy generation derived from flowing water, which is used to drive large water turbines. In order to generate large amounts of hydroelectricity for cities, lakes, reservoirs, and dams are needed to store and regulate water for later release for power generation, irrigation, and domestic or industrial use. Since large-scale hydropower facilities can easily be turned on and off, hydropower has become more reliable than most other energy sources for meeting peak electricity demands throughout the day. Conventional hydroelectric dams, pumped storage, and run-of-the-river are the different types of large-scale hydropower plants worldwide. As per International Renewable Energy Agency, around USD 7.55 billion was invested in hydropower globally in 2022, whereas around USD 7.83 billion was invested in 2021. The constant investment in new hydropower capacity globally drives growth in large hydropower segments. Also, the average cost of large hydro...

 Egypt has a high potential for electricity generation through solar PV plants across the county. It is considered a sunbelt country with 2,000 to 3,000 kWh/m2/year of direct solar radiation. The county's sunshine stands about 9-11 hours a day from north to south, with few cloudy days. Egypt has set plans to increase the supply of electricity generated from solar photovoltaic (PV) by 22% and concentrate solar power (CSP) by 3% by 2035. The private sector is expected to deliver most of this capacity over the forecast period. With an installed capacity of more than 1694 MW by the end of 2020, solar energy holds a significant share in the renewable energy market. The country is working toward the 2035 Integrated Sustainable Energy Strategy, i.e., to install 31,000 MW of solar power by 2035. With the opening of the Benban Solar Park project with a capacity of 1,465 MW in November 2019, Egypt has taken a giant leap toward achieving its goal of generating electricity from renewable sourc...

 The distinct geographical and climatic location of Saudi Arabia makes utilizing renewable energy sources, especially solar energy sources, economically attractive, supporting Saudi efforts to diversify the domestic energy mix. The solar PV segment is expected to hold the largest market share during the forecast period, owing to the declining costs of solar modules and the versatility of these systems for various applications, like electricity generation and water heating. In 2021, the Saudi Green Initiative reinforced the country’s commitment to increase the share of renewable energy to 50% of its primary energy mix while producing the other 50% from natural gas by 2030. Under Vision 2030, more than 40 GW of solar photovoltaic (PV) capacity and 2.7 GW of concentrated solar power (CSP) capacity are expected to be developed in the country by 2030. The Renewable Energy Project Development Office (REPDO) within the Ministry of Energy, established in 2017, is responsible for deliverin...

 Coffee and banana crops play an essential role in the agricultural economy of Colombia. In general, the tropical climate and the variety of altitudes of Colombia favor a wide variety of agriculture. Exporting raw materials and importing intermediate and capital goods historically dominated Colombia's trade. According to the United States Department of Agriculture (USDA), Colombia had exports valued at USD 3.3 billion in 2021.    Similarly, according to FAO, banana exports from Colombia, the fourth leading supplier of bananas in the LAC region, stood at 2.1 million tonnes, following a growth of 3.4% in 2021. Data on exports by destination disseminated by the Colombia National Customs Office for 2021 show significant year-on-year expansions in shipments of bananas from Colombia to the United States, Germany, Poland, and France. This export scope leads to better crop production, further driving the Colombian agriculture market.  The Agriculture Market in Colombia is es...

The packing industry has undergone an immense transformation over the last couple of years, owing to the increase in the number of start-ups worldwide, the introduction of diversified categories of food and non-food products, and increased demand for food and beverage during the pandemic. The demand for printing in food packaging is increasing owing to rising consumer demand for packaged products due to the shift in eating habits, and evolving lifestyles may have an imperative impact on the market. A rise in per capita disposable income and a growing population are expected to aid in the product demand owing to high barrier properties, shelf life, and consumer safety. Printing on food packaging materials is used for consumer information and marketing purposes. Printings are used with many different packaging materials. Plastics, paper, board, and cork may be directly printed. As the food contents are printed on the product helps in the awareness regarding the food item; the demand for ...

 The military and law enforcement segment accounted for a major market share, primarily due to increased demand for aerostat systems to support intelligence, surveillance, and reconnaissance missions and enhance network communications capabilities in land and sea platforms. Ground-based and shipboard aerostats are effective and affordable systems that offer continuous, wide-area surveillance and timely provision of target information. They may be used for applications including early intrusion alerts, illegal immigration monitoring, anti-terrorism, fishing activity surveillance, and smuggling deterrence. Several military and law enforcement end users are considering procuring various monitoring options in the coming years. Aerostat systems are expected to be one of the viable options for procurement due to their advantage in obtaining highly accurate and real-time surveillance data at a remarkably low total cost of ownership. Furthermore, the ease of integrating advanced ISR payloa...

 ICS offers opportunities to the automotive industry to react faster to the market requirements, reduces manufacturing downtimes, enhances the efficiency of supply chains, and expands productivity. Field devices, such as robotics and sensors, and ICS offer opportunities to the auto sector to react faster to market requirements, reduce manufacturing downtimes, enhance efficiency, and expand productivity. The automotive industry is among the prominent sectors that hold a significant share of automated manufacturing facilities worldwide. The production facilities of various automakers are automated to maintain efficiency. The rising trend of replacing conventional vehicles with electric vehicles (EVs) is expected to augment the automotive industry's demand further. For instance, IEA states global electric car sales doubled from 3.0 million in 2020 to 6.6 million in 2021. Various automotive enterprises are forming partnerships with the ICS providers to upgrade their facilities. For exa...

 The solutions segment is anticipated to possess a larger market size through the forecast period in the data catalog market. The combined solution renders optimization of individual productivity, improved data quality, elimination of data duplication and data silos, and simplified data discovery. The advancement of self-analytic data and the intensification of data in the new-age business are the principal factors that present attractive opportunities for the growth of data catalog solution components. For Instance, According to Seagate, The volume of data/information created, captured, copied, and consumed globally was 79 Zettabytes last year and 97 Zettabytes in the current year and is projected to increase over the forecast period. This accelerated development of digitalization adds to the ever-growing global data. Several industry verticals, such as Healthcare, Banking, Financial Services, Insurance (BFSI), and retail and e-Commerce, are using data catalog solutions to access ...

 The rise in fuel prices contributes to the demand for electric terminal tractors. Traits like zero emissions and relatively less energy consumption have made them a viable choice among various end users. Also, electric terminal tractors are far smoother, flatter, and slicker than traditional diesel-operated terminal tractors. Electric terminal tractor apart from providing the required clout and control also keeps up a variety of eco-friendly upgrades that can help diminish the adverse impact a business has on the environment. With rising concerns for ecofriendly and sustainable transport across the globe, demand for electric terminal tractors at various transportation locations is anticipated to hold high growth potential. Several industries including port and transportation, supermarket are actively deploying electric terminal tractors to fuel their respective use cases and reduce carbon emissions. For instance: November 2022, Autocar LLC which is the manufacturer of severe duty ...

 The vital signs monitor segment by monitoring and therapeutic devices type is expected to garner a major share of the market. The vital signs monitor is a tool that helps to provide information to the medical and nursing staff about the physiologic condition of the patient. Monitoring of these critical signs is usually done by nurses and includes blood pressure (BP), heart rate (HR), respiratory rate (RR), oxygen saturation (SpO 2), and core temperature. Consistent vital sign monitoring is critically important for the early detection of clinical deterioration in patients in hospital settings. It is mainly monitored by the nurses, who routinely measure and document the primary vital signs of all patients 2–3 times daily to assess their condition. Moreover, the COVID-19 pandemic created a massive demand for vital sign monitors due to the vast pool of patients getting admitted to hospitals due to infections, and it became mandatory to check the patients' critical parameters during th...

 Fresh investments in military and naval applications encourage the inertial navigation system market. The blooming aerospace market and technological advancements in navigations systems are further anticipated to drive the market. Inertial Navigation System gives exact navigation and positioning information to fight platforms when engaged in missions, whether for their location or the pointing of weapons systems (artillery, missile, etc.), sensors (radars, optronics, etc.) or weapons itself. They deliver valuable assistance to these systems while ensuring the best security. On advanced fighters like the Rafale, INS gives fully autonomous operation and resistance to electronic warfare. The European helicopter NH90 has also installed this technology. Aircraft carriers need to harmonize the ship's navigation system with those on its aircraft. Inertial Navigation System guarantees the ship's capability to work in a critical magnetic environment, without castigating performance, an...

 Dietary supplements, such as vitamins, minerals, botanicals, enzymes, fatty acids, and proteins, help promote general health and well-being by preventing nutritional deficiency diseases. The preferences for dietary supplements are growing tremendously due to the global demographic trend with the rising aging population, increasing lifestyle-related diseases, and increasing healthcare costs. As a result of the increasing demand for dietary supplements, many countries are importing these supplements to meet their demand. For instance, according to UN Comtrade, in 2020, the United States was the world's leading importer of vitamin products. United States imported worth USD 1.5 billion, followed by Germany, France, and the Netherlands. Increasing sales of sports nutrition on account of growing fitness trends and sports activity, with new product launches, is likely to significantly impact the industry. Regulatory agencies are paying more attention to dietary supplement health claims, ...

 Silica is one of the primary components in various building and construction products. For improved durability and structural integrity, whole-grain silica is used in flooring, mortars, specialty cement, roofing shingles, asphalt mixtures, skid-resistant surfaces, and other industrial materials. The Asia-Pacific region is dominating construction activities across the world. The area is registering a fast recovery after the COVID-19 impact, due to increasing construction in China, India, Japan, and Indonesia, among others. China is investing USD 1.43 trillion in significant construction projects in the next five years till 2025. According to the US Census Bureau and the US Department of Housing and Urban Development, privately-owned residential units permitted by building permits totaled 1,873,000 in December 2021, a seasonally adjusted annual rate of 1,873,000. Building output increased by 3.3% in the eurozone and 3.8% in the EU in July 2021 compared to July 2020. In November 2021...

 Investment in financial technologies has increased significantly in many parts of the world. Between 2010 and 2019, the total value of investments in fintech companies increased dramatically, reaching USD 215.1 billion. However, investments in fintech companies fell by more than one-third in 2020, reaching USD 127.7 billion, but increased again in 2021, reaching USD 226.5 billion. The United States attracted the most investments in the sector, accounting for nearly 80% of the total. This investment trend in financial technology is expected to create lucrative growth prospects for the market. The Global Fintech Market size is estimated at USD 204.30 billion in 2023, and is expected to reach USD 355.57 billion by 2028, growing at a CAGR of 11.72% during the forecast period (2023-2028). FinTech (Financial Technology) is now a buzzword in the financial market. It refers to computer programs and other modern technologies used by businesses that provide automated and improved financial ...