Market Research

  Flash memory storage has become an essential component of smartphones. The NAND flash demand has been growing exponentially, primarily driven by the growth of the average capacity of smartphones. NAND flash memory in smartphones can significantly enhance the performance of web browsing, email loading, games, and even social network sites such as Facebook. With the increasing adoption of smartphones, companies are adding extra features and applications to differentiate their products from other manufacturers. For instance, manufacturers are integrating features such as gesture control, fingerprint scanners, and GPS into the devices. This is boosting the demand for NAND flash memory, which is used as code storage media for smartphones.  With 5G wireless communication on its way, the use of smartphones would increase multifold, increasing the need for the latest models to raise the bar continuously. For instance, according to the Ericsson Mobility report, in the North American ...

  The use of bioreactors/fermenters in upstream bioprocessing is expected to experience strong growth due to their widespread application in small and large-scale bioproduction. Bioreactors/fermenters play an essential role in any bioprocess, whether it involves degrading pollutants or producing substances such as food, feed, chemicals, drugs, and tissues/organs for biomedical purposes. These devices provide an optimal environment for cells to proliferate while also maintaining precise pH, temperature, and adequate gas supply and adding nutrients for successful growth maintenance. Several factors are driving the growth of this market segment over the forecast period. Increasing R&D expenditure and research activities worldwide are key drivers, along with the numerous benefits associated with bioreactors/fermenters. For instance, in March 2022, Insud Pharma announced an agreement with Fresenius Kabi, under which Fresenius Kabi will acquire 55% of mAbxience, the fully-fledged glo...

  The adoption of plastic compounding machinery is expected to grow significantly in the packaging industry owing to the differential growth across materials and formats, which is significantly driving the fundamental shifts in the packaging industry. These differentials are a by-product of changing consumer behaviors and product innovation within the market. Also, packaging is the largest end-user segment for plastic products accounting for more than 40% of the total plastic usage in the world. Also, consumers have exhibited an increasing inclination towards plastic packaging, as plastic packages are light in weight and more comfortable to handle. Also, the increasing focus on packaging and the use of packaging material across end-user industries is expected to boost the adoption of plastic compounding machinery in these industries during the forecast period. For instance, when it comes to the features of food packaging, the critical consumer priorities across all markets relate t...

  The global feed yeast market has seen significant growth in recent years due to the positive impact of feed yeast cultures on animal health and productivity. Feed yeast accounted for 3.1% of the global feed additives market in 2022. One of the key benefits of feed yeast is that it enhances the growth of helpful bacteria in the stomach that break down cellulose and improve digestion. The Asia-Pacific region was the largest market for feed yeast in the world, accounting for 31.4% of the market share in 2022. This was followed by North America and Europe, which accounted for 25.4% and 23.5% of the market, respectively. The higher share of Asia-Pacific was due to the higher penetration rates of additives and a larger animal population. Yeast derivatives were the most commonly consumed feed yeast by animals, accounting for USD 0.49 billion in 2022. Spent yeast held the second-largest share in the market. Yeast improves body weight and feed efficiency and helps in the maintenance of he...

  Warehouse automation is used in various retail activities, including e-commerce and grocery. For warehouses, automation has multiple advantages, from boosting production to lowering labor-related risks. E-commerce warehouse automation consists of implementing technologies in logistics facilities to boost operational performance. According to the Census Bureau of the Department of Commerce, Total e-commerce sales for 2022 were USD 1,034.1 billion, an increase of 7.7 percent (±0.4%) from 2021. Total retail sales in 2022 increased by 8.1 percent (±0.9%) from 2021. To address this massive demand, warehouse automation is rapidly expanding to transform manual warehouses into automated fulfillment operations, which are proving vital to meeting customer demand at scale while managing operating costs in the future. Currently, many retailers are increasingly implementing warehouse automation solutions that seek to handle the growing scale and complexity of their e-commerce logistics operat...

  The use of compressor oils in the chemical and petrochemicals industry is to guarantee the untroubled functioning of the machine parts and also help in minimizing the expenses and increasing the lifetime of the machine. Furthermore, compressor oils also serve in dissipating the heat generated by the compressors during operations thus reducing the overall power consumption and also from the wear and tear of the machine. The global chemical market is anticipated to grow at a CAGR of 4.3% between 2020 and 2025. In 2019, the global chemical production rate was 1.8 % with the Asia-Pacific region accounting for the highest rate at 4% (excluding Japan). Asia-Pacific region holds the largest share in the compressor oil market globally and is expected to grow at the fastest rate over the forecast period. Asia-Pacific has the largest market globally for petroleum-based products and the region also has the world’s largest refinery located in Jamnagar, India. Jamnagar refinery has a capacity...

  The laryngoscopes segment is expected to witness significant growth in the airway management tubes market over the forecast period. The factors attributing to the segment growth are the increasing prevalence and incidence of respiratory diseases, larynx cancer, growing demand for laryngoscopy procedures, and increasing company activities. The laryngoscope is a device used during intubation to aid in the vision of the trachea. Endotracheal tubes can be inserted into the trachea while being seen directly through a laryngoscope, which is also used to view the vocal cords. The two main types are the curved Macintosh blade and the straight blade (i.e., Miller with a curved tip and Wisconsin or Foregger with a straight tip). The video laryngoscopes can aid in getting a view of the larynx by allowing indirect visualization of the glottic opening without lining up the pharyngeal, oral, and tracheal axes. They can also facilitate endotracheal intubation in patients with conditions (restri...