Apr 21, 2021
Dry Plasma Thawers to Account for Major Chunk of Blood Thawing System Sales: Fact.MRSales of blood thawing systems are gaining momentum as the requirement for 2-bag, 4-bags, and dry plasma thawers has been increasing. With rising demand from blood banks, transfusion centers, hospitals, and diagnostic laboratories, blood thawing system manufacturers are expected to come across significant growth scope over the coming years.
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Apr 21, 2021
Anti-inflammatory Drugs and HBOT Treatment to Provide Significant Nudge to Radiation Proctitis Treatment MarketAward-winning consulting firm Fact.MR’s radiation proctitis treatment market report forecasts a positive growth trajectory for 2021 and beyond, majorly attributed to increasing frequencies of radiation therapy for various types of pelvic cancers. As per the report, the market is poised to reach nearly US$ 750 million by 2031, expanding at approximately 7% CAGR over the next ten years.
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Apr 20, 2021
Military and Healthcare to Emerge as Key Wearable Exoskeleton Application Areas for 2021 and Beyond: Fact.MR StudyThe global wearable exoskeleton market is expected to embark on a positive expansion trajectory, with long-term prospects appearing extremely lucrative, concludes award winning market research company Fact.MR. The market is slated to expand at a stellar CAGR exceeding 30%, reaching more than US$ 3 billion in value by 2031.
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Apr 20, 2021
High Demand for Standalone Ultrasound Systems to Be Witnessed through 2031: Fact.MRDemand for standalone and tabletop ultrasound systems is rising steadily, and industry players are set to witness increase in revenue over the coming years. 2D ultrasound technology is expected remain extremely popular across regions, shaping the expansion strategies of market players.
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Apr 20, 2021
Emergence of Electric Aircraft Tugs Shaping Future Market Growth: Fact.MRGrowing availability of aircraft tugs and their accessories in the aviation space, rising consumer preference for air travel, increasing focus on expansion of fleet size, especially in Asia Pacific, and rising number of manufacturing facilities, distributors, and suppliers in emerging countries are driving demand for aircraft tugs. Aircraft pushback tugs, which serve as towing equipment, are also expected to contribute to market growth. Due to the COVID-19 outbreak, global sales of aircraft tugs declined in 2020 because of a slowdown in the aviation industry. However, the market is getting back on its feet gradually with things opening up.
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Apr 19, 2021
Sepsis Diagnostics Market Growth Pursuant to Enhanced Uptake of Automated Detection DevicesFact.MR’s revised sepsis diagnostics market study forecasts a healthy growth trajectory for FY 2021-22 and beyond, with the market expected to increase at a CAGR worth around 8% through 2031. Growth prospects were further underpinned amidst the coronavirus pandemic, attributed to the onset of pneumonia-induced sepsis and consequent fatalities.
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Apr 19, 2021
Rising Disposable Income of Muslim Population to Expand Opportunity for Halal Logistics Providers, Evaluates Fact.MRWorldwide, the Muslim population has been growing at nearly 2% each year, nearly double the growth of the overall global population. This has been consequently adding revenues to the products and services designed under the periphery of Islamic laws. According to a State of the Global Economy report, the Muslim population is expected to spend US$ 3 Tn by 2021, up from US$ 1.9 Tn in 2015. In the U.S. alone, Muslims have a disposable income of US$ 110 Bn. These statistics indicate a favourable market for halal logistics.
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Apr 19, 2021
Application in Semiconductor Cleaning to Account for Major Demand for Perfluorocarbons: Fact.MRDemand for perfluorocarbons is gaining steady momentum with growing requirement from various application sectors such as semiconductor cleaning, tracers & taggers, and cosmetics, to name a few. Furthermore, rise in preference for perfluoroalkane, alkyne, and aromatics is aiding the growth of manufacturers across geographies.
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Apr 16, 2021
COVID-19 Pandemic Widens Opportunity Window for Contactless Biometrics, Evaluates Fact.MRSurge in the need for high-end security across government establishments as well as corporates has led to mounting demand for biometric technology. While the past half-decade witnessed technological upgradation of biometric technology, demand for contactless biometrics has also increased. Based on Fact.MR’s assessment, in 2020, out of every 10 biometric unit sales, four were contactless. The outbreak of COVID-19 further unfurled the utility of the less-prominent features of this technology, including identification of people with masks on the face and extended capability of temperature scanning.
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Apr 16, 2021
Demand for Liquid Polybutadiene to Surge from Tire Manufacturing Industry, Projects Fact.MRThe tire industry is appraised to be the fast growing application of liquid polybutadiene over the coming years. Properties such as abrasion, toughness, high resilience, high tensile strength, and good tear strength make liquid polybutadiene highly suitable for tire manufacturing. Growing need for eco-friendly and fuel-efficiency-enhancing tires is driving demand for liquid polybutadiene.
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Apr 16, 2021
Aviation and Automobile Sectors to Hold Major Share in Alkylate Industry: Fact.MRSales of alkylate are gaining traction again as key end-use sectors such as agriculture, electronics, automobiles and others get back to their normal growth trajectories after the initial shocks of the COVID-19 pandemic. Demand for solvents to remain high over the coming years, especially from aviation and automobile industries.
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Apr 15, 2021
Growing Semiconductor Packaging Industry to Bolster Demand for Die Bonding Pastes, Evaluates Fact.MREast Asia and South Asia & Oceania together account for a majority of the market share, from both, the production and consumption side for die bonding pastes. This is due to the fact that these regions have a large number of semiconductor packaging and SMT assembly industries who are extensively utilising die bonding pastes to manufacture electronics circuitries to be assembled in electrical & electronic goods.
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Apr 14, 2021
Integrated Fat Transfer Systems to Hold around 55% Share in Autologous Fat Grafting Market: Fact.MRThe 21st century has been an era of advancements in cosmetics, where a range of new and advanced procedures are being made available to the public. Among these, preference for non-invasive or minimally-invasive procedures has enthused the population due to their minimal downtime and lower costs. One particular procedure gaining worldwide popularity is autologous fat grafting.
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Apr 14, 2021
Demand for Polymer Seals to Surge from Transportation Equipment and Oil & Gas Extraction Sectors, Opines Fact.MRPolymer seals find wide application across industries such as transportation equipment, automotive, aircraft, railroad, machinery, marine, electronics, healthcare, oil & gas, and various others. Fluoro-rubber (FKM) and polytetrafluoroethylene (PTFE) are the most widely-used materials as far as polymer seals are concerned. Demand is especially high from sectors such as transportation equipment and oil & gas, and these two sectors are set to lead over the coming years as well.
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Apr 12, 2021
Deployment of LED Airfield Ground Lighting Surging, Bolstering Market Expansion: Fact.MRSales of airfield ground lighting have witnessed a growth rate of above 6% over the past 5 years, owing to mounting demand from commercial airports, heliports on the back of exponentially rising airport infrastructure, and increasing air travel frequency across the globe. Demand is also surging with rising infrastructure investments and development of new runways on existing airports across regions.
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Apr 12, 2021
Flourishing Livestock & Companion Animal Industry Catalyzing Demand for Animal Feed Probiotics, Opines Fact.MRProbiotics are sourced from bacteria such as enterococcus, lactobacillus, pediococcus, and bacillus, and non-bacteria yeast and fungi. These are given to animals to improve the gut, digestion, and overall health. Growing consumption of meat and dairy products has led to tremendous demand for animal feed probiotics in recent years.
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Apr 09, 2021
Alcohol-based Liquid Flux to Enjoy Close to 80% of Overall Demand, Projects Fact.MRSouth Asia & Oceania currently account for a majority of the liquid flux being consumed, followed by East Asia. This is due to the fact that a large number of electronics manufacturers have set up their bases in these regions, especially Taiwan and Vietnam. Emergence of newer electronics manufacturing clusters in developing countries such as India is projected to give impetus to market growth over the coming years.
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Apr 09, 2021
Plant-based Fish Market Value to Swell 13X Over Next Ten Years: Fact.MR StudyAs environmental concerns associated with meat and seafood consumption heighten, consumers are turning towards more nature-friendly alternatives, prompting a slew of start-up companies to offer a broad range of plant-based product offerings. Sales of plant-based food products have witnessed unprecedented gains in recent years, with the global food & beverage market experiencing extensive marketing and promotion campaigns for the same.
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Apr 08, 2021
Online Grocery Delivery Services Market to Top US$ 500 Bn Valuation by 2031: Fact.MROnline grocery delivery services have gained wide popularity over the past years, creating lucrative growth scope for industry players. While increase in inclination towards online purchases and doorstep deliveries pushed the demand-supply curve for online grocery delivery services upward, the outbreak of COVID-19 further amplified demand growth. Additionally, rise in demand for breakfast, dairy, fresh produce, and others through online grocery delivery services is expected to fuel sales of industry players considerably.
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Apr 08, 2021
Push-to-Talk (PTT) Services being Widely Adopted in Public Safety Sector: Fact.MRDemand for push-to-talk hardware and services has gained fast-paced growth over the past years, owing to rise in adoption in the public safety sector. With increase in requirement for PTT services with LMR networks, stakeholders in this field are expected to come across new opportunities over the coming years. Despite facing a temporary decline due to the onset of the COVID-19 pandemic, industry players are projected to gain higher revenues with the surge in demand from government & defense and commercial sectors as well.
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Apr 08, 2021
Computerized Embroidery Machinery to Hold Whopping 85% Market Share by 2031: Fact.MRAdvancements in the manufacturing of embroidery machinery by providing multiple needles, larger hoop sizes, and throat width machines are some vital factors contributing to market growth. Further, escalating growth of the textile industry, with the industry being surplus in its trade, globally, is poised to provide gains to embroidery machinery manufacturers. Focus of market behemoths has now shifted on providing embroidery machinery equipped with latest technology such as inbuilt Wi-Fi and multiple needle machinery. COVID-19 posited a downfall with the market observing a sharp fall in revenue in 2020. However, sales are expected to pick up and growth over the long-term forecast period will be steady.
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Apr 08, 2021
High Demand for Walk-behind Scrubber Dryers to Aid Market Expansion Over Coming Years, Evaluates Fact.MRNearly 5.5 million scrubber dryers were sold in 2019, which translates to just half of the global demand expected for 2031. However, even though scrubber dryers have gained immense popularity over the years, which has created a critical situation for traditional cleaning equipment, still, the market is not yet in a position to overtake the traditional cleaning equipment market.
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Apr 08, 2021
Over One-Third Vacutainer Demand Generated from Hospitals and for Clinical Applications, Evaluates Fact.MRRise in demand for serologic analysis and biopsy is evident due to high prevalence of numerous chronic diseases in the geriatric population. Changing demographics (ageing population) across developed regions is the requirement for medical equipment & devices at healthcare centres. Vacutainer manufacturers are concentrating on improving shelf life and production output to cater the growing market demand, globally. Increase in liquid biopsy analysis for non-invasive diagnostic applications and growing importance of pre-donation screening in blood transfusion are key enablers driving demand for vacutainers (vacuum-based blood collection tubes).
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Apr 07, 2021
Over Three-Fourth Demand for Fiber Optic Gyroscopes Comes from Aerospace and Defence Verticals, Evaluates Fact.MRThe global aerospace industry reached a value of around US$ 350 Bn in 2019. Increased demand for air travel, change in social behaviour, and low interest rates are major factors pushing growth of the aerospace and defence industry, globally, which, in turn, increases the requirement of fiber optic gyroscopes. Demand for fiber optic gyroscopes from sectors such as automotive, transportation & logistics, and robotics is also increasing across the globe. Anticipated shifts in commodity & resource costs is a major economic factor in this market, which is expected to have a vital impact on market growth.
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Apr 07, 2021
Increasing Government Regulations to Provide Tailwinds to Reflective Fabrics Market, Opines Fact.MRStrict regulations being brought into action by various government bodies and organizations across regions is set to bolster demand for reflective fabrics and provide higher growth opportunity to the market over the long-term forecast period. Also, growing inclination towards the incorporation of reflective fabrics as a low-impact material for urban heat island effect and inclusion in fashion apparels and accessories will open new avenues for manufacturers in the future.
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Apr 07, 2021
Escalating Demand for Gear Measuring Machines to be Witnessed from Automobile Industry: Fact.MRGear measuring machines are instruments that are designed for the measurement and inspection of picth, lead, and profile to ensure quality and performance of the gears manufactured. Furthermore, due to advancing technology, gear measuring devices are now capable of providing the user with meaningful measurements and insights of the inspected gear. Gear measuring machine manufacturers are constantly trying new ways to increase the throughput and level of accuracy for both, smaller and bigger gears. Integration of advanced technology such as laser scanning for non-contact gear inspection and faster data collection is one of the examples of recent changes in gear measuring machines.
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Apr 06, 2021
Demand for Carbon Dioxide to Surge from Metal and F&B Industries, Evaluates Fact.MRThe U.S. and China together account for a vast majority of carbon dioxide supply & demand. This is mainly due to the fact that these countries are home to a large number of metal manufacturing & fabrication and food & beverage industries, where carbon dioxide plays a vital role in their processes. Further, increasing consumption from end-use industries such as oil & gas and food & beverages followed by surging adoption of carbon dioxide in medical and related industries is being seen across regions. The CO2 market is partially consolidated in nature, with a notable amount of players catering to overall demand. Majority of players are involved in strategies such as acquisitions and joint-ventures to gain market position.
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Apr 05, 2021
Isopropyl Acetate Usage in Printing Inks and Personal Care Products to Surge, Projects Fact.MRIncreasing demand for personal care products and emerging technological advancements in application offerings have magnified the growth potential of isopropyl acetate. Market players have continued to strategize their approach to offer reliable and contemporary application offerings to bolster demand for IPAc.
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Apr 01, 2021
Steel Sprockets to Remain Most Sought-after across Industry Verticals, Opines Fact.MRThe global automotive industry is witnessing drastic changes as result of technological advancements and introduction of electric vehicles. This will result in providing a boost to the sales of sprockets across regions. Furthermore, increasing demand from motorcycle OEMs will also complement demand growth over the forecast period.
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Apr 01, 2021
Biometrics Middleware Market Gaining Momentum with Growing Adoption of Biometrics-as-a-Service ModelBiometrics middleware has come into the limelight in recent years as demand for data security and privacy from digitally-driven businesses is reaching new heights. While biometrics middleware providers continue to tap opportunities created by rapid adoption in diverse end-use sectors, starting from healthcare to FSI, the outbreak of the COVID-19 pandemic threw new challenges to industry players in 2020.
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Mar 31, 2021
Diagnostic ENT Medical Devices to Register Highest Demand through 2031: Fact.MRDemand for ENT medical devices is hugely driven by the geriatric population across the world, while increase in health awareness over the years has further spearheaded market growth. While the outbreak of the COVID-19 pandemic affected demand and supply patterns, especially for non-critical medical treatment, recovery of the diagnostics industry has been aiding demand growth since the last quarter of 2020.
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Mar 30, 2021
Advances in Interoperability with Computer and Mobile Devices Generating Growth Opportunities for Programmable Stage Lighting Manufacturers: Fact.MRIn recent years, the global event management industry has displayed rapid growth and has become a multi-billion-dollar sector. Event organizers around the world are focusing extensively on the aesthetics of event stages, with lighting conditions gaining major interest, especially for events such as live concerts, cultural activities, sports programs, and smaller events such as weddings and reception ceremonies in malls, theatres, and other entertainment places.
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Mar 30, 2021
Loudspeaker Demand Growth to be Majorly Directed by Home Entertainment IndulgencesAward winning market research company Fact.MR has recently published a report on the global loudspeaker market. As per its analysis, the market is expected to yield credible gains through 2021 and beyond, largely underpinned by an increasing tilt towards investments in advanced acoustic systems across residential and commercial settings. An impressive growth rate has been projected throughout the 2021-2031 forecast period.
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Mar 30, 2021
Gelatin Softgel Capsules to Exhibit Significant Demand Growth through 2031: Fact.MRSoftgel capsules, used for medication to treat cardiovascular diseases, have gained rapid popularity in the pharmaceutical sector over the past years. While the outbreak of COVID-19 took a toll on industry players, growing usage in health supplements, antacids, and medicines for bacterial infections has been catering to industry recovery since the last quarter of 2020.
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Mar 30, 2021
High Application of Argan Oil in Cosmetics & Skincare Products Aiding Market Growth: Fact.MRSpending on non-essential and premium products has seen a rise over the past decade. The cosmetics and skincare industry is the main driving factor for the sales of argon oil, with an expected market share of over 80% by 2031. In this industry, argan oil has a wide range of application in various products such as moisturizers, shampoo, tinctures, anti-ageing creams, and serums, to name a few. Rising demand for cosmetic products across the world is parallelly driving demand for argan oil across regions.
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Mar 26, 2021
Zinc Pyrithione to Act as Powerhouse for Tungstic Acid Market Growth, Projects Fact.MRTungstic acid is an essential element for manufacturing zinc pyrithione. This acid is used as a catalyst in stage-1 manufacturing of zinc pyrithione. Zinc pyrithione is an essential intermediate used in manufacturing anti-dandruff shampoos. According to Fact.MR insights, over the past-half decade, the zinc pyrithione market has expanded at a CAGR of more than 3%, and is set to progress at a higher CAGR over the coming years. This is set to have a domino effect on the growth of the global tungstic acid market, which is set to close in on a valuation of US$ 50 Mn by 2031-end.
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Mar 26, 2021
Growing Demand for Organic Hair Dye Raising Market Revenue across Regions, Evaluates Fact.MRNorth America and Europe collectively account for a majority of the demand for hair dye from the consumption side. This is due to the fact that a majority of the countries in these regions come under the high-income category, which reflects on higher disposable income being spent on personal and hair care products. In regions such as MEA and Asia, demand for halal-based hair dye has been surging over the last few years.
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Mar 26, 2021
Threaded Industrial Fasteners to Witness Increasing Demand across Industry Verticals: Fact.MRIndustrial fasteners are likely to witness significant demand growth owing to high usage in electrical, automotive, and other industrial sectors. Invention of new features such as coatings to fasteners in order to protect them from abrasion and rust are further favoring industry players. According to Fact.MR, focus of suppliers will be on lucrative markets such as the United States, China, Germany, and the United Kingdom, to name a few.
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Mar 24, 2021
Incorporation of Drones and Autonomous Tractors Spearheading Growth of Farm Equipment Industry: Fact.MRAutonomous farm equipment manufacturers are thriving on the adoption of cutting-edge technologies, while recovery of manufacturing units from various constraints due to the COVID-19 pandemic remains key to demand growth. With the adoption of advanced equipment such as unmanned aerial vehicles (UAVs), drones, and autonomous tractors equipped with highly efficient sensors and systems, stakeholders are projected to be highly benefitted in the post-pandemic years.
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Mar 23, 2021
Clinical Diagnostics & Drug Discovery to Account for Bulk of Lab Automation Market GrowthProlific developments in life sciences, characterized by rapid AI penetration, industry-wide proliferation of cloud technology, and possible therapeutic connotations of previously contraband substances such as marijuana are amongst some key developments that have led to the emergence of a trillion dollar global pharmaceutical industry in recent years. This has eventually led to swift automation of laboratory settings, providing credible stimulus to the global lab automation market, according to a recent report published by consulting firm Fact.MR.
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Mar 23, 2021
Avalanche Photodiodes to Hold Two-third Market Share through 2031: Fact.MRThe global photodiodes market is set to vouchsafe a spry growth rate of around 8% CAGR from 2021 to 2031. Over the past half-decade, demand has gradually increased by virtue of transcendent requirements from the telecommunications and consumer electronics industry. Moreover, the inception of 5G will further complement market expansion. Demand for photodiodes is expected to rise exponentially with advancements in technologies in terms of packaging of photodiodes, profound smartphone penetration, and intensifying automation in almost every industry vertical.
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Mar 23, 2021
M Grade High Speed Steel to Hold Over 40% Market Share, Projects Fact.MRSurging industrial demand and escalating applications of high speed steel are kindling technological advancements and innovation in the market. High speed steel (HSS) is deeply associated with the global steel industry. Swelling chains of steel exporters and importers are consistently driving the market for high speed steel. Rigorous development and expansion strategies adopted by manufacturers have led to notable growth potential over time.
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Mar 22, 2021
Capsules to Hold More than Half of Menopause Wellness Market Share, Opines Fact.MRMenopause is a biological cycle that occurs in women between the ages of 40 to 55 years. During this period, women experience copious health issues, including hot flashes, night sweats, musculoskeletal pain, etc., which generates the necessity for wellness supplements to get relief. These conditions can also lead to severe diseases and serious conditions, owing to which, demand for menopause wellness products is continuously surging. Rising global woman population and female consumer awareness regarding related products available in the market has amplified demand.
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Mar 19, 2021
Food Transportation Sector to Spearhead Global Demand for Flexitanks: Fact.MRFact.MR’s recent report on the global flexitanks market anticipates a largely positive outlook through 2031, majorly underpinned by rapid uptake of flexible packaging solutions across the food industry. Growth is anticipated to remain gradual yet stable, as certain end-use industries such as chemical manufacturing have experienced contraction due to the coronavirus pandemic.
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Mar 19, 2021
Increasing Pharmaceutical & Biotechnology R&D Activities Augmenting Demand for Laboratory Centrifuges: Fact.MRLaboratory centrifuge industry players have been witnessing rise in demand as pharmaceutical and biotechnology research & development (R&D) activities are gaining traction. With medical diagnostic organizations, hospitals, and research institutes flourishing on technical advancements and innovations, stakeholders are optimistic of ample opportunities in post-COVID-pandemic years.
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Mar 19, 2021
Demand High for Syringes and Cannulas Made from Plastic Material: Fact.MR StudyAround 2 million people get infected with diseases such as HIV and hepatitis each year due to reusable syringes. Disposable syringes prevent the plunger being pulled back after an injection so that it cannot be used again. Thus, use of disposable syringes is gaining wide popularity in hospitals in every part of the world. Expected advantages are ensuring sterility and preventing the spread of infections from patient to patient. Parallel to this, there is also the need to improve disposal facilities at hospital. Across regions, demand for plastic-made syringes and cannulas is high, with a market share of close to 95%.
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Mar 18, 2021
Over 40% Anisotropic Conductive Film Used in Smartphone & Tablet Applications, Evaluates Fact.MRRising demand for flat panel displays for smartphones, tablets, laptops, smart wearables, etc., is the key driver pushing demand for anisotropic conductive film (ACF). Manufacturers are concentrating on improving the performance and production output of mobile information terminals, enhancing operability and image quality, and manufacturing lightweight and touch control systems. Also, changing demographics (ageing) across developed regions is also aiding demand growth for anisotropic conductive film, as the number of medical devices required at healthcare centres is rising. Furthermore, growing trend of lightweight automotive is also leading to rising demand for ACF in OLEDs and vehicle dashboards.
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Mar 17, 2021
Hotel & Catering Industry Spearheading Demand for Glass Tableware: Fact.MRThough the global glass tableware industry suffered a setback amidst the outbreak of the COVID-19 pandemic, recovery is in progress, paving new paths for industry players. While demand for dinnerware is rising once again, with the hotel & catering industry getting back to its feet, the market is set to witness profitable gains over the coming years.
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Mar 16, 2021
Demand for Disposable Gloves Spiraling Since the Onset of COVID-19: Fact.MRThe outbreak of COVID-19 has led to substantial growth in the personal hygiene and protection sector, and demand for disposable gloves has gained high traction. While adoption of disposable gloves in untapped markets is creating promising opportunities for stakeholders, surge in demand from the medical and healthcare sector is further fuelling the growth of manufacturers. Besides, these gloves are also widely used in the automotive, chemical, and oil & gas end-use sectors on a large scale.
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Mar 16, 2021
Chemicals and Metal & Mining to Remain Key End-use Industries of Chelating Resins: Fact.MRChelating resins have witnessed steady demand over the last two to three decades. Key focus of manufacturers has been on product optimization and lateral integration. By solving all customer-related technicalities, manufacturers are set to enhance client engagement and product performance.
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