Media Releases

North America currently accounts for a majority of the demand for hydrogen sensors, followed by Europe. This is due to the fact that, a sizable number of fuel cell vehicle manufacturers and oil & gas industries are located in these regions, and hydrogen sensors play a vital role in both these end-use industries. ...

Increase in awareness among females regarding the severity of cervical diseases, across regions, is leading to rising demand for cervical dysplasia diagnostics. As such, there has been a rise in requirement from various end users such as hospitals, diagnostic centers, and ambulatory surgical centers. ...

Requirement for various reagents, accessories, and systems of serological transplant diagnostics has been increasing year after year. Increase in cases of kidney, lung, heart, liver, and other organ damage has been aiding market growth across regions. ...

Advent of sensor-integrated railcars with access to a series of advanced tracking and real-time monitoring services has been the prime reason advancing the demand for railcar leasing. These services are being integrated into bundled service offerings by key railcar lessors. ...

The global BBQ charcoal market is set to witness stable growth of around 49% CAGR over the coming years of 2020-2030, with noteworthy demand increase due to rise of the food industry. Moreover, growing demand for barbecue accessories and related products is ultimately contributing to increased demand for charcoal. Demand for charcoal-based grills is increasing even after the introduction of electric and gas grills. The most important factors for this growth are portability and economic pricing, as well as the preference for the smoky flavor offered by BBQ charcoal. ...

Emergence of multi-drug-resistant pathogens, as a result of huge application of antibiotics over a long time, is growing, and becoming increasingly difficult to treat. Bacteriophage technologies have therefore begun to garner great interest as alternatives to antibiotics. Rising prevalence of antimicrobial resistance and limited new antibiotic discoveries and development have sustained innovation and led to a renewal of interest in bacteriophages. ...

Rise in application in various medical fields such as dental implants, bone implants, and kidney dialysis machines and equipment has been fuelling sales of medical ceramic products since the past decade. Despite getting battered due to the onset of COVID-19, overall market outlook remains positive for the future. ...

The global air springs for railways, trucks, and buses market surpassed a US$ 9 Bn valuation in 2020, and is set to display a steady rate of growth through end of the forecast in 2031. Air spring sales are largely driven by applications in high-end and luxury vehicles. The global air springs market is likely to register a steady resurgence post the COVID-19 crisis, as lockdown restrictions on the automotive sector are gradually relaxed. The market outlook remains largely positive in the near future, to register a CAGR of over 7% from 2021 to 2031. ...

Increasing demand for applications such as conveying, assembly line cleaning, drying, evacuation, suction, and others related to the electronics and semiconductor industry are offering beneficial opportunities for vacuum pump manufacturers around the world. The semiconductor industry has witnessed robust demand for use in electronics such as smartphones and application in Internet of Things and cloud computing, largely driven by growth in emerging technologies such as AI in products as well growth in automotive and industrial electronics. Furthermore, integration of semiconductors in 5G-enabled devices and network connection levers the growth of vacuum pumps in the processing of integrated circuits and boards. ...

Historically, the smart shades market snowballed at a conspicuous rate of 18.2% (2015 to 2019), owing to rising aspirational values of consumers and extensive adoption of smart devices, globally. Moreover, comprehensive offerings by manufacturers that bequeaths consumer comfort and luxury has been a key driver of market growth. Over the coming years, demand for smart shades is projected to surge radically on the back of increasing infrastructure spending and ravaging digitalization, globally.  ...

Industrial rubber demand is majorly driven by East Asia, with rising demand from automobile applications the deciding factor. Growing production facilities with strong end-user consumption will bolster overall demand for industrial rubber even further over the coming years. ...

Current transformers are designed to decrease or increase alternating current in its primary. This function provide the power to disconnect devices and relay windings.Current transformers are used in power plants, substations, industries, and commercial spaces for metering and protection purposes. The energy and manufacturing sector use metering current transformers where direct connection of metering devices is not practical. ...

As plastics are finding usefulness in numerous industries such as construction, infrastructural development, electrical and electronics, and transport, plastic-based products are thriving around the world. With the growth of this industry, the number of companies manufacturing vacuum loaders is also rising. Speciality plastics, which are gaining traction, will also require vacuum loaders in their manufacturing processes. ...

High temperature coatings are gaining rapid traction since the past decade, owing to their resistance to high-temperature corrosion and oxidation. Other exclusive properties such as flexibility in terms of thickness and composition of coatings, high ductility, and others, are making them highly sought-after in metal processing, coil coatings, automotive, and other industries. ...

State-of-the-art technology and planning in advanced designs of batteries for drones are set to launch the drone battery market to new heights over the coming years. Custom-built drone batteries are anticipated to witness a surge in demand by 20% for educational and institutional applications. ...

Demand for content moderation solutions increased at a CAGR of 8.5% over the past five years, and is projected to grow even faster over the coming years due to huge increase in users and subscriber database on social media, e-Commerce, and other sectors. Close to 40% of content moderation solution usage in by the communication, media, and services sector. ...

Global demand for fiber optic gyroscopes is estimated to reach a valuation of around US$ 935 Mn in 2021. Leading research and consulting firm, Fact.MR, in its latest study, anticipates the market to expand at a CAGR of over 4% through 2031, as demand surges in the wake of rising defense budgets in both, developing and developed economies, and increasing adoption of automation in industries and homes. ...

Technological advancements will continue to change the automotive sector and provide a boost to associated industries. Shift towards electric vehicles will result in providing numerous market opportunities for tubeless tire manufacturers as well. Incentives provided by regional government to buyers as well as manufacturers for their steps towards anti-pollution policies will pave the path for a growing automotive industry. Favourable regulatory policies and incentives provided by regional governments will facilitate numerous opportunities for automotive industry. ...

With increased number of industrial establishments using dust collection systems over the years, significant growth in purchase of medium to large duct size abort gates is foresighted. These gates are extensively used in industries such as food & agriculture, wood, and metal, besides others. To prevent health hazards and fire resulting from dust, abort gates hold immense importance in these industries. ...

Rise in biological research and wildlife management projects to capture images that will help in making evidence-based decisions is pushing demand for trail camera northwards. Another major growth factor is consumers prioritizing security across different industries and even residential buildings. Activities such as large-scale farming require these trail cameras to keep an eye on potential threats and take preventive measures accordingly. ...

The global modular cleanroom solutions market is set to experience rapid growth at a CAGR over 10% from 2020 to 2030. Over the past years, the market has expanded at a healthy rate of 8.5%, owing to elevated demand from the pharmaceuticals and semiconductor industry. Furthermore, advancements in cleanroom construction and adoption of IoT-based HVAC systems have augmented demand. Over the next ten years, widespread demand for customizable modular cleanrooms by leveraging best manufacturing practices to come up with flamboyant products will complement market growth. Also, miniaturization of chips and devices in the semiconductor industry is predicted to drive demand for modular cleanroom solutions in the years ahead. As such, coming up with novel products with enhanced customization will stand manufacturers in good stead. ...

Changing climatic conditions is a major concern for humanity, and countries in the North American region have faced a cold wave in recent years. Households in colder regions have started using heating cables for under-floor heating, roof heating, and snow melting, rather than depending on traditional heat pumps and central heat furnaces. Of late, integration of technology has made heat cables more efficient, reliable, and stable. Self-regulating heating cables are increasingly being used in commercial buildings and residential homes, influenced by feature such as better control, lower maintenance cost, and higher safety and reliability. ...

Faux finish coatings are widely used as decorative paint finishes that imitate the appearance of various materials such as marble, stone, wood, and others. With the rise in requirement for embellishing the interiors of buildings and furniture, faux finish coating manufacturers are expected to witness higher sales and gain more profit over the coming years. ...

The global lifting hooks market is witnessing a moderate degree of transformation with the inclusion of automatic lifting hooks. This transformation is expected to reinvigorate this maturing market landscape. Companies are also shifting towards stainless steel and alloy steel to manufacture lifting accessories, since they offer high resistance to corrosion. Industries such as mining and marine are some high potential markets for stainless steel lifting hooks. Traditional hooks such as eye hooks will have a sizeable market share, due to their high usability and flexibility across various industries. With demand especially high from the construction industry, the aftermarket will hold an exceptionally high share as far as sale of lifting hooks is concerned. ...

Human prion diseases are basically a group of neurodegenerative disorders caused by the unwanted deposition of folded proteins in the brain. In recent years, the rate of such diseases has grown, resulting in higher demand for human prion disease diagnostic solutions. According to the Centers for Disease Control and Prevention (CDC), prion diseases or transmissible spongiform encephalopathies (TSEs) are a family of rare progressive neurodegenerative disorders that are distinguished by long incubation periods, characteristic spongiform changes associated with neuronal loss, and a failure to induce inflammatory response. This disease causes changes in memory, behaviour, and movement, and early diagnosis is of utmost importance for proper treatment. ...

Over the historical period, the ice tea market grew at a conspicuous rate of 5.4%, owing to preeminent demand for bottled tea, globally. Changing consumer preferences for quick and ready-to-make beverages has augmented the sales of ice tea across regions ...

For the area of medical diagnosis, accuracy and precision are inevitable. This has triggered healthcare companies to resort to predictive diagnostic tools that can amplify the precision as well as reliability of diagnostics, and help healthcare providers to improve their patient care and medical outcomes. The global predictive diagnostics market is expected to reach the valuation of over US$ 3 billion by 2031, finds a recent study published by Fact.MR. The study opines that the convergence of healthcare practices and next-generation technologies will take an upsurge in the coming years, and this will make predictive diagnostics the ‘New Normal’ in the healthcare industry in the coming future. ...

Circulating tumor cells (CTCs) are a blistering topic of oncological conferences and research due to their tremendous potential in the area of cancer diagnosis as well as treatment. The amount of research that CTCs have been doled with signals the lucrative growth prospects of the CTC diagnostics market, which is likely to surpass the valuation of over US$ 9.5 billion by 2030 - projects a recent study published by Fact.MR ...

Increasing awareness regarding maintaining healthy oral hygiene has boosted sales of oral hygiene products over the years. Poor oral hygiene causes various diseases, starting from periodontal disease to more serious complications such as oral-dental trauma, oral cancer, and others. In order to prevent such diseases, more people are incorporating various oral hygiene products into their health regimes. According to Fact.MR, the global oral hygiene market is set to expand at over 5% CAGR during the forecast period from 2021 to 2031. ...

Concrete floor coatings, which are mechanical and chemical stress-resistant layers on concrete floors, have high requirement in building, construction, and renovation industries. With these key end-use industries growing rapidly, demand for epoxy-based and other concrete floor coatings is spiraling upward. ...

Demand for maternal nutrition products is driven majorly by North America, with nearly one-fourth of the production cluster positioned in the country, and favourable economy winds will bolster the market over the coming years. Key driving factors for maternal nutrition product demand are increasing manufacturing facilities and new entrants on the supply side. ...

The 1950s witnessed the introduction of the first disposable diapers for mass consumption, and over the years, with reduction of production costs, disposables largely became the accepted standard among new parents. However, in the late 1990s, rise of social media and environmental awareness bolstered demand for cloth diapers. Reusable diapers also became popular with distribution channels such as discount stores and eBay, gaining consumer interest for baby cloth diapers. ...

Demand for motorcycles has increased steadily over the past years due to their affordability factor, fuel efficiency, and wide variety on offer. While the outbreak of COVID-19 put a standstill to manufacturing motorcycles initially, recovery has taken place at quite a rapid pace. High demand for cruiser motorcycles is further fueling the sales for motorcycles manufacturers across geographies. ...

Led by East Asia, the global high purity aluminium market is currently pegged at more than US$ 3.3 Bn, and is anticipated to grow at a rate of close to 11% over the long-term forecast period, i.e., 2020-2030. High purity aluminium, unlike other conductors, is a niche and expensive product. Therefore, demand for the product over the past half-decade has remained stable, and so has the price. ...

Zinc sulphate supply is driven by China, accounting for more than one-third of the production cluster positioned in East Asia. Increasing zinc deficiency-related problems around the world and presence of zinc-deficient soils in a majority of regions are fuelling demand for zinc as a micronutrient in agriculture. This, in turn, is set to provide impetus to the growth of the zinc sulphate market, reveals Fact.MR in A recently published report. ...

The global connected worker solutions market is set to vouchsafe a stonking growth of close to 23% over the next ten years, i.e. 2020-2030. Over the past half-decade, the market swelled at a noteworthy rate of 19.9%, on the back of dominant demand for industrial connectivity, globally. Moreover, the inception of industry 4.0, globally, has mandated industry verticals to go digital with their supply chain networks. Over this decade, demand for connected worker solutions is expected to rise exponentially with the high-end technologies such as IIOT (Industrial Internet of Things), 5G adoption by manufacturing industries in order to boost their productivity, and workplace safety. Furthermore, remote management of operational activities from industries is on the rise within manufacturing industries. Therefore, the inception of industry 4.0 and remote management adoption by industry verticals are set to bestow generous opportunity for the connected worker solutions market to burgeon.  ...

Supply of sodium trimetaphosphate comes mostly from China, with more than 60% of the production cluster positioned in the country, favouring factors of economies of agglomeration. Increasing manufacturing of modified starch in the region is set to bolster demand for sodium trimetaphosphate, reveals Fact.MR, in a recently published report on the global sodium trimetaphosphate market. Key consumers of sodium trimetaphosphate have positioned themselves in China, and have been expanding their production facilities over 2015-2019. For instance, key modified starch manufacturer Ingredion has positioned itself in China to gain benefits from economies of density, coupled with lower cost of production. Also, demand for food grade sodium trimetaphosphate will outweigh that of technical and industrial grade by more than 8:2 over the coming years. ...

Novel upfront technology and planning in framing turnkey designs of timber frame buildings are set to provide higher growth to the market over the long-term forecast period. Integrated frame designs are anticipated to cut construction schedule times by nearly 50%, and the overall cost of labor as well that is incurred with conventional building methods. ...

Growing biomedical research for drug development and diagnostics of cancer is expected to build a favorable atmosphere for the growth of the multiphoton microscopy market in the near future. Moreover, various clinical development programs in several countries are focused at increasing cancer screening programs with the help of governments. This is leading to the early screening and diagnosis of cancer patients. Multiphoton microscopy is now also being used for imaging in clinical oncology diagnostic tests. Growing prevalence of cancer across the world is expected to fuel demand for multiphoton microscopy across geographies. ...

The global geosynthetic clay liners market is set to experience a princely growth of around 7% CAGR over the ongoing decade, i.e. 2020-2030. Over the past half-decade, the market grew at a steady rate of 5.1%, thanks to preeminent demand from the construction and mining industry. Advancements in manufacturing processes and widespread adoption of geosynthetic clay liners (GCL) across multitude of applications have augmented market growth. Over the next ten years, extensive demand for custom polymer-coated GCL will complement market expansion. Also, large-scale infrastructure spending by developing nations is further predicted to drive demand over the coming years. ...

Fiducial markers, tiny metal objects about the size of a grain of rice, are highly efficient in pinpointing the location of a tumor with high precision. As fiducial markers are an integral part of radiation therapy to target tumors without affecting nearby healthy tissues, they have high requirement in the healthcare and medical sectors. According to Fact.MR, the global fiducial markers market is set to expand at over 8% CAGR through 2031. ...

The global sports fishing equipment market surpassed a US$ 2.5 Bn valuation in 2020, and is poised to reflect a moderate rate of growth through the forecast period (2021 and 2031). Sports fishing equipment sales are increasingly driven growing civilian interest in water sports and recreational fishing. The industry is likely to register a steady resurgence in growth in 2021 over 2020, as lockdown restrictions due to the COVID-19 pandemic are gradually being relaxed. The market outlook remains largely steady over the coming years, and is expected to register a 4.4% CAGR from 2021 to 2031. ...

Growing trend of decorative exteriors and interiors in the construction industry has raised demand for ceiling tiles substantially in recent years. While acoustic ceiling tiles enhance the sound quality of a room, they are highly flexible and affordable too, and provide an aesthetic appeal to the interior. ...

The global airport runway foreign object debris (FOD) detection systems market hit a US$ 36 Mn valuation in 2020, and is poised to reflect a promising growth rate through the forecast period of 2021 to 2031. Airport runway FOD detection system sales are increasingly driven by growth in civilian aircraft fleets. The global market is likely to register steady resurgence in growth in 2021 over 2020, as restrictions due the COVID-19 pandemic are gradually relaxed. The market outlook remains largely steady over the coming years, and is set to register a 7.5% CAGR over the next ten years. ...

With increase in awareness regarding the advantages of fresh water fish, more consumers have been getting inclined toward the same since the past decade. Fresh water fish such as tilapia do not absorb salt from the water, and tend to have higher amounts of monounsaturated fatty acids, polyunsaturated fatty acids, and calcium. Tilapia, being a fresh water fish, contains high nutritional value, which improves health of the heart, bones, and brain, while also helping in weight management. ...

The versatility of skid steer loaders, as far as their uses are concerned, complemented by features such as improved productivity, fuel efficiency, and reduced carbon emissions, make them the top choice across various industries such as agriculture, mining, and especially construction. With construction activities picking pace after temporary shutdowns in 2020 due to the COVID-19 pandemic, demand for skid steer loaders will see a steady rise across regions. Rising urbanization is necessitating the need for fast-tracking infrastructure projects such as construction of highways, metros, roads, and ports, where these loaders are used on a large scale. They can also be used in compact spaces, and can perform a range of tasks by changing their attachments, which further drives demand from various industries. ...

Growing interest towards sustainable and clean label packaging solutions is likely to drive demand for microfibrillated cellulose (MFC) fiber in a diverse range of industries, including food and beverages and cosmetics & personal care. Increasing influence of modern retail and consumer preference for convenience foods, while in line with regulatory policies, are set to spur MFC fiber adoption. The packaging and paper sector is also witnessing significant penetration. The use of MFC in paper applications reduces the need of raw materials, as its bio-degradable characteristics aid sustainability objectives ...

With rise in swimming activities across the world, demand for women’s swimwear has seen steady increase over the past decade. High demand for polyester and nylon swimsuits, especially tank suits, is aiding market growth. As per Fact.MR analysis, the global women’s swimwear market is forecast to expand at over 3% CAGR through 2031. ...

Men’s shoe trends have largely remained static, with loafer and oxford variants remaining popular styles. There has also been a transition away from styles that focus primarily on comfort or function. Major fashion designers are displaying interest in terms of practicality with higher interest on aesthetics. ...

Growing demand for physical access control systems (PACS) from fast-evolving industries such as banking, financial services, and insurance (BFSI); healthcare; retail; and others is offering lucrative growth opportunities for PACS equipment manufacturers across regions. The Government of the United States has defined the PACS as a system to grant access to employees and contractors who work at or visit a site by electronically authenticating their PIV credentials. ...