Media Releases


Global Dredging Market to Surpass US$ 17 Bn, Heightening Sea Trade in Near Term to Stimulate Growth, Says Fact.MR

Apr 15, 2020

Global Dredging Market to Surpass US$ 17 Bn, Heightening Sea Trade in Near Term to Stimulate Growth, Says Fact.MR
The global dredging market is projected to grow at a CAGR of 1.4% in terms of value between 2020 and 2030. Owing to the anticipated economic slowdown in next couple of years and shifting focus of governments on healthcare to prevent COVID-19 pandemic, global dredging market is projected to witness stagnancy till 2021. From 2022, market is expected to regain traction and surpass a valuation of US$ 17 billion by the end of forecast period (2020 – 2030). Dredging of sea ports and rivers is important as it helps keeping ports navigable and supports the transportation of goods that happens through water ways. Governments allocate significant amount each year for the dredging of its ports & rivers. In addition, developing countries are focusing on developing new inland waterways to boost exports in their countries. On the basis on aforementioned facts, global dredging market is projected to create significant opportunities by the end of 2030. ...
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Machine Tools Demand to Witness Marginal decline in Near Term amid COVID-19 Pandemic, Projects Fact.MR

Apr 14, 2020

Machine Tools Demand to Witness Marginal decline in Near Term amid COVID-19 Pandemic, Projects Fact.MR
The global machine tools market was valued at ~US$ 72 Bn at the end of 2019 and is anticipated to surpass US$ 99 Bn by the end of the forecast period 2020-2030. The Automotive & Transportation segment is estimated to be the most lucrative end use capturing 36% of the overall demand pie in the global machine tools market.  ...
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Fuel Storage Container Market Pegged at US$ 9 Bn through 2030, with High Adoption of Portable Fuel Containers, Finds Fact.MR

Apr 14, 2020

Fuel Storage Container Market Pegged at US$ 9 Bn through 2030, with High Adoption of Portable Fuel Containers, Finds Fact.MR
Owing to its modest growth in the past and ascending fuel requirement, fuel storage container market is anticipated to grow 1.5X through 2030. Furthermore, emerging economies are witnessing meteoric growth in trade volume. Governments of economic powerhouses such as China and India have various ongoing projects that aim to essentially double the volume of current trade in the next five years, which in turn is expected to bolster the growth of the regional Intermediate Bulk Container (IBC) segment ...
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Global Automotive Actuators Market to Witness Positive Growth amid COVID-19 Impact, as Sales of Brake Actuators Soar

Apr 14, 2020

Global Automotive Actuators Market to Witness Positive Growth amid COVID-19 Impact, as Sales of Brake Actuators Soar
The global automotive actuators market was valued at ~US$65.8 Bn at the end of 2019 and is anticipated to surpass US$109.4 Bn during the forecast period 2020-2030. The COVID-19 pandemic has led the automotive market towards a major slowdown worldwide. The sales of automotive actuators have plummeted with the shutdown of production facilities in leading automotive markets of Europe and Asia, thus posing major challenges to the players operating in automotive market. To overcome this situation, the manufacturers are focusing on research and development to form integrated braking systems which will ensure engine efficiency as well as fuel efficiency. This is anticipated to drive sales of brake actuators during the forecast period. Furthermore, the global demand for automotive actuators will surge by the end of 2020 as they are utilized in number of applications where machineries are involved. ...
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Global Contraceptives Market to Expand, Spurred by Rising Incidences of Unwanted Pregnancies: Downturn in Sales Anticipated amid COVID-19 Outbreak, Concludes Fact.MR

Apr 14, 2020

Global Contraceptives Market to Expand, Spurred by Rising Incidences of Unwanted Pregnancies: Downturn in Sales Anticipated amid COVID-19 Outbreak, Concludes Fact.MR
Propelled by these abovementioned factors, the global contraceptives market is set to expand positively during the forecast period (2020-2025). The global contraceptives market is projected to reach a value of US$ 37,242.7 by 2025-end, expanding at a CAGR of 6.4%. Other developments such as introduction of innovative devices is also expected to boost market growth for contraceptives. ...
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Trend of Inductive Charging to Accelerate Nano Crystalline Soft Magnetic Materials Market on Stellar Growth Trajectory, Finds Fact.MR

Apr 13, 2020

Trend of Inductive Charging to Accelerate Nano Crystalline Soft Magnetic Materials Market on Stellar Growth Trajectory, Finds Fact.MR
On the back of its ability in offering highly efficient power transmission, nano crystalline soft magnetic materials have emerged as an ideal material for inductive charging applications. This will drive the global nano crystalline soft magnetic materials market to grow at a CAGR of ~10% during the forecast period (2020-2030). ...
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Mycoplasma Detection Market to Exhibit 11.8% Growth through 2029, as Demand Soars for PCR Mycoplasma Detection Techniques amid COVID-19 Pandemic, Says Fact.MR

Apr 13, 2020

Mycoplasma Detection Market to Exhibit 11.8% Growth through 2029, as Demand Soars for PCR Mycoplasma Detection Techniques amid COVID-19 Pandemic, Says Fact.MR
Biopharmaceuticals and pharmaceutical companies are adopting several contamination detection techniques during manufacturing and research process. Mycoplasma detection is gaining significant adoption in contamination testing in cell culture, tissue culture, and purified biologics. Techniques such as real-time PCR is fast and reliable and gaining significant demand in research and development or for in-process control during biopharmaceutical production. Moreover, growing pharmaceutical spending and R&D investment, and increasing production of biopharmaceuticals are some of the factors propelling the mycoplasma detection market growth. The global mycoplasma detection market is estimated to be valued at US$ 656.2 Bn in 2019. ...
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COVID-19 to Render Hand Soap Market Inelastic in Near Term, Projects Fact.MR

Apr 13, 2020

COVID-19 to Render Hand Soap Market Inelastic in Near Term, Projects Fact.MR
With Europe and North America leading the hand soap market, the market is currently pegged at more than US$ 23 Bn. Projected growth rate is anticipated to be 7.2% over the forecast period (2020 to 2030). Hand soaps have soared on popularity and have continued to penetrate industrial, medical & clinical and other niche applications. The success of hand soap market lies in targeted marketing and branding of their products through various media channels. ...
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COVID-19 to Positively Impact Demand for Herbs and Ayurvedic Medicines in Emerging Countries, Finds Fact.MR

Apr 13, 2020

COVID-19 to Positively Impact Demand for Herbs and Ayurvedic Medicines in Emerging Countries, Finds Fact.MR
Europe is considered to be the hub for personal care and beauty products owing to the presence of a large number of manufacturers. In Europe, nearly ½ of the medicinal herbs demanded were in liquid form owing to higher profit margins and convenience associated with liquid products. Liquid form has high demand from consumers and manufactures of personal care products owing to its feasibility. Owing to the impact of COVID-19, liquid medicinal herbs are expected to grow 3X during the forecast period. ...
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Data Annotation Tool Market to Experience Stupendous 21.5% with High Uptake in North America, Projects Fact.MR

Apr 11, 2020

Data Annotation Tool Market to Experience Stupendous 21.5% with High Uptake in North America, Projects Fact.MR
Integration of artificial intelligence with various industries such as automotive, retail, healthcare, and financial services is helping generate voluminous data. It is crucial for organizations to collect, and catalogue this data with the help of data annotation tools. Data once annotated is then utilized to train artificial intelligence programs. These programs are then consumerized and they further generate data starting the entire cycle again. On this backdrop, the global data annotation tool market will inflate more than seven-folds during the forecast period (2020 - 2030). Omnipresent consumer demand for digital convenience impels digitization of conventional processes such as document verification. The efficacy of data annotation tools in effectively executing conventional processes will continue to provide growth opportunities for market players. ...
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Automated Guided Vehicle Market on Robust Growth Trajectory, Market to Witness Plummeting Sales in Near-term Amid COVID-19, Says Fact.MR

Apr 11, 2020

Automated Guided Vehicle Market on Robust Growth Trajectory, Market to Witness Plummeting Sales in Near-term Amid COVID-19, Says Fact.MR
Logistics and transportation departments across industries are utilizing automated guided vehicles to move items in production facilities, warehouses, and distribution centers. The global automated guided vehicle market is set to exhibit a stupendous 12.5% CAGR during the forecast period (2020 - 2030). Innovation and new developments in installation, control, and monitoring of automated guided vehicles will continue to garner traction. The rising importance of reducing carbon emission by introducing energy efficient intermediate manufacturing processes acts as a central growth driver for the automated guided vehicles market. ...
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Global Addiction Treatment Market Set to Expand 1.5x, on Back of Tobacco Consumption and Increased Complications due to COVID-19, Concludes Fact.MR

Apr 11, 2020

Global Addiction Treatment Market Set to Expand 1.5x, on Back of Tobacco Consumption and Increased Complications due to COVID-19, Concludes Fact.MR
 It is estimated that more than 8 million people die due to tobacco consumption. Cigarette smoking is the leading cause of lung cancers and various cardiovascular diseases. Increased cigarette smoking has prompted governments to initiate awareness campaigns to desist individuals from the habit. Moreover, introduction of de-addiction methods have greatly helped curb the menace of smoking. On the back of this, the global addiction treatment market is anticipated to expand healthily, growing 1.5X at a CAGR of 6.7% in the forecast period (2020-2025). ...
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Arterial Stents Market to Double through 2025, Preference for Coronary Stents to Remain High, Concludes Fact.MR

Apr 11, 2020

Arterial Stents Market to Double through 2025, Preference for Coronary Stents to Remain High, Concludes Fact.MR
In the wake of this, the demand for minimally invasive surgical procedures has accelerated. Stents are the most preferred method for correcting cardiac anomalies in this respect. This is because the insertion of stents prevents restenosis. Therefore, the arterial stents market is poised to expand impressively at a CAGR of 9.8% during the forecast period (2020-2025). ...
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COVID-19 Outbreak to Unleash Plethora of Opportunities for Sterilant and Disinfectant Chemical Manufacturers, Finds Fact.MR

Apr 10, 2020

COVID-19 Outbreak to Unleash Plethora of Opportunities for Sterilant and Disinfectant Chemical Manufacturers, Finds Fact.MR
Global sterilant and disinfectant chemicals market is anticipated to create a value opportunity of around US$ 4.7 Bn during the forecast period, adding 1.8X times more value as compared to 2020. Amongst all chemical compositions, alcohol and chlorine compounds have collectively accounted for ~50% of the demand pie in 2020 ...
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Clinical Grade Disinfectant Demand Surges, as Production Ramps up amid Covid-19, Concludes Fact.MR

Apr 10, 2020

Clinical Grade Disinfectant Demand Surges, as Production Ramps up amid Covid-19, Concludes Fact.MR
With disinfection processes proliferating in hospitals and clinics due to Covid-19, there has been a bullish trend in the global demand for clinical grade disinfectant. Manufacturers of clinical grade disinfectant have increased production due to the upsurge in purchase statistics of clinical grade disinfectant. This is also being done to regulate supply chains associated with medical facilities. At-hospitals, utilization of clinical grade disinfectants has witnessed a significant spurt. Moreover, an uptick in research & developments related activities at R & D centers has led to an uptick in demand of clinical grade disinfectants. Under likely scenario, global clinical grade disinfectant market is projected to grow 1.2X between 2019 and 2020. ...
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Global IP Geo-location Service Market Set to Witness Mounting Demand by OTT Players amid Lockdowns and Home Quarantines

Apr 10, 2020

Global IP Geo-location Service Market Set to Witness Mounting Demand by OTT Players amid Lockdowns and Home Quarantines
Owing to its modest growth in the past and the introduction of IPv6 numbering IP allocation system, IP geo-location service market is anticipated to grow 3.0X through 2030. Furthermore, broadband penetration with FTTH initiatives by regional and global governmental bodies is also giving an uptick to its demand ...
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A Multi-million Dollar Disinfectant Spray Industry to Remain in Portfolio Wishlist of Buyers, Finds Fact.MR

Apr 10, 2020

A Multi-million Dollar Disinfectant Spray Industry to Remain in Portfolio Wishlist of Buyers, Finds Fact.MR
Surge in demand for disinfectant and hygiene products owing to COVID-19 epidemic is expected boost disinfectant spray sales. The market is pegged to surpass US$ 850 Mn by 2020 and is expected to grow 1.3x over the year. The global disinfectant spray market has gained momentum in the historical period owing to enhanced healthcare facilities and an increasing number of household buyers. As consumers are moving from traditional sales routes to social distancing and non-contact sales channels, the overall sales of disinfectant spray is anticipated to grow at a CAGR of over 14% during the long-term forecast period (2020-2030). ...
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The Global Market of Dermatological Products is Expected Fall in First Quarter with Covid-19 Impact, Projects Fact.MR

Apr 10, 2020

The Global Market of Dermatological Products is Expected Fall in First Quarter with Covid-19 Impact, Projects Fact.MR
Regional trend analysis suggests that the consumers of dermatological products have shown a substantial shift towards skin friendly products, thus making the emollient market more lucrative. In 2020 the demand will plunge with the effect of covid-19. However, according to a research of nearly 38 developed countries during 2009 recession suggests, that the decline in spending on personal care will be limited to 0%-3% depending on the duration of lockdown. ...
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Hand Sanitizer Market to Surpass US$ 2.8 Bn, Instant Hand Sanitizer Poised to Hold Prominent Share, Projects Fact.MR

Apr 10, 2020

Hand Sanitizer Market to Surpass US$ 2.8 Bn, Instant Hand Sanitizer Poised to Hold Prominent Share, Projects Fact.MR
The global hand sanitizer market is set to surpass a value of ~US$ 1.4 Bn in 2020 and is anticipated to cross US$ ~2.8 Bn during the forecast period 2020-2030. The demand for gel-based sanitizer is on the rise as compared to foaming or spray sanitizer. Thus, manufacturers are focusing on developing gel-based sanitizers as they are widely used in multiple end-use industries. With the increased penetration of the online sales channel, manufacturers are taking advantage of opportunities arising from e-commerce platforms. ...
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Hydrosurgery Systems Market to Exhibit Promising Growth, with High Adoption Anticipated in Emerging Countries, Says Fact.MR

Apr 10, 2020

Hydrosurgery Systems Market to Exhibit Promising Growth, with High Adoption Anticipated in Emerging Countries, Says Fact.MR
Traumatic wounds on account of burn injuries are the key driving factors for Hydrosurgery Systems market growth. According to the World Health Organization (WHO), about 180,000 deaths took place in 2018 due to burns. The vast majority of burn incidences have occurred in low and middle income countries. ...
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Disinfecting Wipes to Witness 2X Increase in Demand in 2020, amid COVID-19 Outbreak, Concludes Fact.MR

Apr 09, 2020

Disinfecting Wipes to Witness 2X Increase in Demand in 2020, amid COVID-19 Outbreak, Concludes Fact.MR
Collectively, North America & Europe are contributing to more than 60% of the total value in global disinfecting wipes market, owing to soaring infection rates amid COVID-19 outbreak. By the end of assessment period, consumer wipes segment will cater to more than 3/5th of the market sales. ...
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COVID-19 to Accelerate Demand for Washable and Reusable Masks, Market to Exhibit 8% Growth through 2030, Finds Fact.MR Study

Apr 09, 2020

COVID-19 to Accelerate Demand for Washable and Reusable Masks, Market to Exhibit 8% Growth through 2030, Finds Fact.MR Study
The global washable and reusable mask market will grow 2.1X during the projection period (2020 - 2030). The impact of covid-19 on the washable and reusable market is fairly opportunistic with the outbreak of coronavirus (COVID-19) across the globe. With health experts and various government organization advocating the importance of hygiene product such as face masks and hand sanitizers, demand for these products has stepped up. As the demand of surgical masks and respirators could not be met by suppliers and manufacturers, and e-commerce giants, the demand for washable and reusable masks has fuelled across the globe. In a bid to contain the adverse impact of covid-19, manufacturers have introduced a washable and reusable mask to the market. Further, the urgent need for surgical masks in hospitals is also giving an uptick to the demand for washable and reusable masks ...
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Grassfed Meat Spending to Plummet with Covid-19 Impact, Downside Risks Continue to Escalate, Projects Fact.MR

Apr 08, 2020

Grassfed Meat Spending to Plummet with Covid-19 Impact, Downside Risks Continue to Escalate, Projects Fact.MR
The grassfed meat trend has witnessed a skyrocketing growth owing to theevolving tastesof health conscious meat consumers who prefer quality. This rising demand has encouraged producers as well as distributors of meat to offer grassfed meat products to capture a potentially growing market share.Supermarkets and hypermarkets are presently contributing to nearly 1/2 of the overall retail store supplies, owing to a shift in demand from conventional meat variants toorganic and natural meat products. However, online stores are expected to grow at a CAGR of 5.0% during the forecasted periodowing to shifting dynamics in buying behavior of the customers. Moreover, in regions like North America and Europe the demand for grass-fed meat will grow at nearly the same rate as theglobal average. ...
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Global Diabetic Neuropathy Market to Surge, Development of Novel Drugs to Receive Uptick amid COVID-19 Pandemic, Infers Fact.MR

Apr 08, 2020

Global Diabetic Neuropathy Market to Surge, Development of Novel Drugs to Receive Uptick amid COVID-19 Pandemic, Infers Fact.MR
The introduction of novel drugs such as Nucynta ER and Lyrica are anticipated to be major growth drivers for the global diabetic neuropathy market. Moreover, rising insurance coverage to neuropathic pain drug companies will also market prospects. The global diabetic neuropathy market is poised to expand at a CAGR of 5.6% across the forecast period (2020-2025). ...
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Reusable Water Bottles Demand TopplesOwing to Production Halts Associated With Covid-19, Concludes Fact.MR

Apr 08, 2020

Reusable Water Bottles Demand TopplesOwing to Production Halts Associated With Covid-19, Concludes Fact.MR
The global reusable water bottle market is projected to be valued at more than US$ 11Bn by 2030, with a CAGR of over 3.9% during the forecast period.The key factor facilitating demand for reusable water bottles have been the social initiatives such as 'Refill the Planet'. Global campaigns to reduce the number of plastic bottles is creatingnotable demand for reusable water bottles. Another primary driver forwarding the reusable water bottles market is the damaging effects ofone time use plastic bottles. Moreover, the growth in mass sporting events in the last decade has led to high demand for reusable water bottles especially in the western nations. ...
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Sales of Bleach Wipes to Soar amid COVID-19 Pandemic, Demand-Supply Gaps to Heighten, Finds Fact.MR

Apr 08, 2020

Sales of Bleach Wipes to Soar amid COVID-19 Pandemic, Demand-Supply Gaps to Heighten, Finds Fact.MR
North America accounts for nearly one third share in the bleach wipes market, and the regional demand is expected to show significant increase during the forecast period. Surge in demand from direct sales is anticipated owing to the COVID-19 pandemic, with clinical and commercial usage portraying significant increase during forecast. ...
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Global Cardiopulmonary Stress Testing Services to Receive Uptick in Sales amid COVID-19 Pandemic, Infers Fact.MR

Apr 07, 2020

Global Cardiopulmonary Stress Testing Services to Receive Uptick in Sales amid COVID-19 Pandemic, Infers Fact.MR
On the back of these trends, the global cardiopulmonary stress testing systems market is anticipated to burgeon, expanding 1.3x during the forecast period (2020-2025). The growth of the market is further leveraged by the presence of key manufacturers who are investing heavily in technological breakthroughs to provide quality care to CVD patients. This is supported by a growing geriatric population pool during the forecast period. Also, relaxation of government regulations on device usage in order to provide assistance to heart patients affected by the COVID-19 diseases is also anticipated to leverage market growth.. ...
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Global Pediatric Neuroblastoma Treatment Market to Surge as Healthcare Workers Exercise Caution amid COVID-19 Pandemic, Projects Fact.MR

Apr 07, 2020

Global Pediatric Neuroblastoma Treatment Market to Surge as Healthcare Workers Exercise Caution amid COVID-19 Pandemic, Projects Fact.MR
The same is applicable for the global pediatric neuroblastoma treatment market. As the number of cases of neuroblastoma rise, so does the demand for its diagnosis and treatment. Doctors are taking precautions to protect cancer afflicted children from the onslaught of COVID-19.The approval of orphan drugs such as CLR 131 Phospholipid Drug Conjugate (PDC), developed by Cellectar Biosciences shall leverage the market during the forecast period (2020-2026), at a staggering CAGR of 9.2%. ...
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Clean Energy Trends and Low Pricing will Uphold Demand for Hydrogen Generation Through 2030, Despite COVID-19 Pandemic, Finds Fact.MR

Apr 06, 2020

Clean Energy Trends and Low Pricing will Uphold Demand for Hydrogen Generation Through 2030, Despite COVID-19 Pandemic, Finds Fact.MR
Adoption of clean energy solutions in power generation, manufacturing, and logistics is creating a high need for hydrogen generation processes. For instance, the US Department of Energy (DOE), and Department of Transportation (DoT) constantly revises the Hydrogen Posture Plan (2006) to leverage advanced hydrogen extraction and applications to develop support infrastructure such as gas pipelines and re-fuelling stations. As the COVID-19 slowdown edges off, demand for hydrogen generation will recover in tandem with low prices. ...
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Power Bank Market to Exhibit Strong Growth through 2029 as Regions Incorporate Self-Design Solutions amid COVID-19, Finds Fact.MR

Apr 06, 2020

Power Bank Market to Exhibit Strong Growth through 2029 as Regions Incorporate Self-Design Solutions amid COVID-19, Finds Fact.MR
Further, the emergence of advanced wearable accessories such as smart watches, fitness trackers, and health monitors acts as a growth driver for power banks to charge these devices. The global power bank market will continue to present remunerative growth opportunities on the back of an astounding 18% CAGR during the forecast period (2019-2029). Booming digital economies around the world are witnessing multiplying sales of smartphones and smart devices. As these trends gain momentum, power bank manufacturers stand to gather sustained margin growth through 2029. ...
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Global Endoscopy Ultrasound Market to Expand 1.5x between 2020 and 2026, Decline in Sales Predicted owing to COVID-19 Pandemic, Concludes Fact.MR

Apr 06, 2020

Global Endoscopy Ultrasound Market to Expand 1.5x between 2020 and 2026, Decline in Sales Predicted owing to COVID-19 Pandemic, Concludes Fact.MR
The scope of global endoscopy ultrasound market has widened since the past few years. This is primarily attributed to the increased incidences of gastrointestinal cancers across the world. The World Health Organization (WHO) estimates that more than 700,000 cancer-related casualties are a result of stomach cancers. Therefore, adoption of endoscopy ultrasound procedures has become important. Owing to the current COVID-19 pandemic, healthcare workers are delaying elective endoscopic ultrasound procedures to reduce transmission from infected patients to healthcare workers. This is anticipated to moderately impact the market in the near term ...
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Global Breast Pumps Market on a Steady Growth Clip, Witnesses Moderate Decline in Sales amid the COVID-19 Pandemic, Projects Fact.MR

Apr 06, 2020

Global Breast Pumps Market on a Steady Growth Clip, Witnesses Moderate Decline in Sales amid the COVID-19 Pandemic, Projects Fact.MR
Based on this trend, the global breast pumps market is prophesied to expand healthily during the forecast period (2020-2025), expanding 1.7x. Other growth drivers ensuring a positive growth trajectory include rising insurance coverage for breast pumps, increased awareness about breastfeeding and technological advancements in breast pump feeding techniques. ...
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Enhanced Surface Protection to Drive Physical Vapor Deposition Market to 1.8X Growth, through 2030, Opines Fact.MR

Apr 03, 2020

Enhanced Surface Protection to Drive Physical Vapor Deposition Market to 1.8X Growth, through 2030, Opines Fact.MR
The global physical vapor deposition market will grow 1.8X during the forecast period (2020 - 2030). Data storage components employ physical vapor deposition to increase product reliability. When grouped with advancements in material science and coating technology for large scale use-cases, these favorable trends will continue to propel the physical vapor deposition market. ...
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Global Generic Injectables Market to Witness Dexterous Growth, Market to Face Supply-Chain Disruptions Caused by the COVID-19 Pandemic, Concludes Fact.MR

Apr 02, 2020

Global Generic Injectables Market to Witness Dexterous Growth, Market to Face Supply-Chain Disruptions Caused by the COVID-19 Pandemic, Concludes Fact.MR
On the back of abovementioned factors, the global generic injectables market is projected to witness an impressive growth during the forecast period (2020-2025). Projected CAGR for the global generic injectables market is pegged at 13.3%, to reach a value pool of US$ 1.5 Bn by the end of 2025. ...
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Global Guidewires Market on Positive Growth Trajectory, with High Uptake in Interventional Radiology, Concludes Fact.MR

Apr 02, 2020

Global Guidewires Market on Positive Growth Trajectory, with High Uptake in Interventional Radiology, Concludes Fact.MR
The increasing preference for interventional radiology techniques has bolstered the demand for guidewires and is anticipated to continue doing so in the future. The global guidewires market is poised to register a positive growth trajectory, expanding at a CAGR of 6.1% during the forecast period (2020-2025). The market is pegged to reach a value pool of US$ 2.6 Bn by the end of 2025. ...
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Work-from-home and Entertainment Streaming Propel Video Streaming Market to 5X Growth Amid COVID-19, Finds Fact.MR

Apr 01, 2020

Work-from-home and Entertainment Streaming Propel Video Streaming Market to 5X Growth Amid COVID-19, Finds Fact.MR
Disruptive technology applications in artificial intelligence (AI), and big data analytics are triggering adoption of video streaming among consumers. The global video streaming market will grow at an astounding 17% CAGR during the projection period i.e. 2019 - 2029. The market will further receive impetus in the near term with unprecedented viewership amid coronavirus outbreak. Expanding cloud infrastructure facilitates seamless streaming of high definition video content. Market players are prioritizing capture of streaming share by creating original content. The competition in the video streaming market is driven by quality and variety of video content. ...
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Global Breast Surgery Retractors Market to Expand 1.2x, to Surpass US$ 328 Mn by 2025, Projects Fact.MR

Mar 31, 2020

Global Breast Surgery Retractors Market to Expand 1.2x, to Surpass US$ 328 Mn by 2025, Projects Fact.MR
In addition, inclination towards femininity among middle-aged and reproducing women has resulted in an uptick in cosmetic breast enhancement procedures. This, combined with technological advancements in surgical equipment, is also anticipated to invigorate the global breast surgery retractors market. Projections indicate a market expansion of 1.2X, reaching a value of US$ 328.68 Mn in the forecast period (2020-2025). ...
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Global Brushless DC Motors Market Exhibits Healthy Growth amid Rising Need for Product Efficiency, Finds Fact.MR

Mar 31, 2020

Global Brushless DC Motors Market Exhibits Healthy Growth amid Rising Need for Product Efficiency, Finds Fact.MR
Consumer demand for enhanced features in automotive products such as motorized seats is spurring demand for brushless DC motors. Rising emphasis on fuel efficiency, adoption of new-energy alternatives, amid strict carbon emission regulations is also accelerating demand for brushless DC motors. These motors contribute to enhance product performance by increasing energy efficiency, and operating speed. The global brushless DC motors market will continue to grow over two-folds during the forecast period (2019-2029). Quick response offered by brushless DC motors coupled with enhanced motor durability positions brushless DC motors as an ideal alternative over conventional counterparts. ...
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Global Computer Aided Detection Market is set to Double and Surpass Value of US$ 1.1 Bn through 2025, Concludes Fact.MR

Mar 30, 2020

Global Computer Aided Detection Market is set to Double and Surpass Value of US$ 1.1 Bn through 2025, Concludes Fact.MR
On the back of such trends, it is anticipated that the global computer aided detection market shall expand twofold during the forecast period of 2020 to 2025, registering a staggering CAGR of 9.8%. The market is anticipated to surpass a valuation of US$ 1.1 Bn by the end of 2025. ...
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Boom Lifts to Account for More than Half of the Global Market Share for Aerial Work Platforms, Projects Fact.MR

Mar 30, 2020

Boom Lifts to Account for More than Half of the Global Market Share for Aerial Work Platforms, Projects Fact.MR
The global aerial work platforms market was valued at US$ 8.6 Bn in 2019 and is projected to grow at a moderate CAGR of 4.2% during the forecast period. The high initial maintenance costs associated with new platforms are compelling companies to rent them thus resulting in heightened demand for rented aerial work platforms across the globe. Further, the increasing demand for rental aerial work platforms in emerging countries such as China, India, Brazil, and Mexico has enabled companies to reduce time along with the cost related to transportation. ...
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Inclination towards Energy Efficient Production Set to Drive Industrial Insulation Market Growth to over 5% through 2029, Finds Fact.MR

Mar 30, 2020

Inclination towards Energy Efficient Production Set to Drive Industrial Insulation Market Growth to over 5% through 2029, Finds Fact.MR
A huge impetus in industrial production and power generation across the globe is set to drive the demand for energy efficient industrial insulation. Availability of raw materials coupled with advancements in material sciences are helping manufacturers capture profitable revenue opportunities in the industrial insulation market. The global industrial insulation market is expected to grow more than 1.6X during the forecast period (2019-2029). Favourable developments in oil & gas exploration projects are said to add to the demand for insulated transport and shipment of new energy resources such as shale gas. Manufacturers are hence prioritizing product portfolio enhancement via research and development, strategic partnerships, and mergers & acquisitions. ...
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Thermal Spray Coatings Market Exhibits Strong Growth Trajectory, with High Uptake in Aerospace, Finds Fact.MR

Mar 30, 2020

Thermal Spray Coatings Market Exhibits Strong Growth Trajectory, with High Uptake in Aerospace, Finds Fact.MR
The surge in manufacturing of paints, automotive, aerospace, medical, and packaging is set to boost the demand for thermal spray coatings. Features such as anti-corrosion coupled with enhanced coating consistency are working in favor of thermal spray coatings. The global thermal spray coatings market will grow at an impressive 6.5% CAGR during the forecast period (2019-2029). ...
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Casino Management System Market will Expand 4X Through 2029, Finds Fact.MR Study

Mar 27, 2020

Casino Management System Market will Expand 4X Through 2029, Finds Fact.MR Study
The urgent need to increase customer retention by integrating advanced casino management systems is set to drive the growth of its market. Casino management systems once integrated with operations and services help casinos and gaming clubs to customize the gaming experiences as per the taste of individual customers. The global casino management system market is projected to grow at an astounding 14.5% CAGR during the forecast period (2019-2029). ...
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Expansion of Refinery Capacity is foreseen to Strengthen Demand for Oil & Gas Gaskets, Concludes Fact.MR

Mar 27, 2020

Expansion of Refinery Capacity is foreseen to Strengthen Demand for Oil & Gas Gaskets, Concludes Fact.MR
The capacity expansion program is powering China crude imports and transforming the country to become a strong competitor for exports of petroleum products. Middle East countries are planning to increase their crude oil distillation and capacity of the refineries. The oil & gas gaskets are majorly utilized in refineries for piping and pressure vessel applications. Thus, with the rapid expansion in refineries, the global oil & gas gaskets market is anticipated to receive impetus. ...
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Acrylonitrile Market to Expand 1.6X; Surging Demand for Automotive Components to Bolster Growth, Finds Fact.MR Study

Mar 27, 2020

Acrylonitrile Market to Expand 1.6X; Surging Demand for Automotive Components to Bolster Growth, Finds Fact.MR Study
Rising automotive production coupled with increasing availability of raw material at lower costs will drive the demand for acrylonitrile. Acrylonitrile as a chemical compound finds increasing application in manufacturing of automotive components. The fall in the prices of propylene further creates lucrative revenue opportunities for the acrylonitrile market. The global acrylonitrile market will grow at a steady 4% CAGR during the forecast period. Market players are focusing on capacity expansion in emerging economies to leverage the burgeoning growth of the market in these countries. Amid multiplying consumer demand for automotive components, the acrylonitrile market offers remunerative growth opportunities. ...
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Chlor-alkali Market to Shift toward Sustainability, with Phase-out of Mercury Cells, Finds Fact.MR

Mar 27, 2020

Chlor-alkali Market to Shift toward Sustainability, with Phase-out of Mercury Cells, Finds Fact.MR
The global chlor-alkali market has witnessed significant momentum over the historical period on the back of rising per capita consumption of caustic soda and a surge in building & construction. Furthermore, manufacturing technologies have changed tack owing to a global rise in mercury pollution levels. This will create a huge impact across the developed economies of Europe and North America and coax key players to adopt sustainable manufacturing practices in the chlor-alkali market. ...
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Aluminum Casting Market to Multiply 1.8X through 2029, Finds Fact.MR

Mar 27, 2020

Aluminum Casting Market to Multiply 1.8X through 2029, Finds Fact.MR
Proliferating two-wheeler demand across developing nations will drive demand for aluminum casting of components. Countries like Indonesia, India, and China are investing heavily in increasing product quality standards for automotive and industrial manufacturing. Stringent statutory laws that warrant an increase in fuel efficiency and an equal decrease in carbon footprint of industries contributes to the demand for aluminum components. The global aluminum casting market paints a remunerative picture with a healthy 6% CAGR during the forecast period (2019-2029). Automotive trends such as development of light weight electric vehicles acts as a central driver of growth through 2029. Product properties such as dimensional stability and high-temperature resistance position aluminum casting of components as an ideal alternative for many end-use industries. ...
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Non-Destructive Testing Market to Grow 1.8X on Back of Consumer Demand for Enhanced Quality, Finds Fact.MR Study

Mar 26, 2020

Non-Destructive Testing Market to Grow 1.8X on Back of Consumer Demand for Enhanced Quality, Finds Fact.MR Study
Surging demand for enhanced accuracy, cost efficiency, and non-intrusive testing to evaluate the properties of materials or components across industries will drive the demand for non-destructive testing. The global non-destructive testing market will grow at a positive 6% CAGR during the forecast period. Advancements in non-destructive testing methods such as digital ultrasonic testing and heightened portability furthers the adoption of non-destructive testing. Economies across the globe are investing in cost effective and energy efficient testing of public infrastructure and aerospace & defense instruments. There is a lack of technical expertise among non-destructive testing inspectors in the market. Leading market players are hence keen on global footprint expansion by forging strategic partnerships with local players and mergers & acquisitions in developing economies. ...
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Foot Orthotic Insoles Market to Hit US$ 4 Bn in 2026; Custom-made Products to See Superior Sales, Concludes Fact.MR

Mar 26, 2020

Foot Orthotic Insoles Market to Hit US$ 4 Bn in 2026; Custom-made Products to See Superior Sales, Concludes Fact.MR
Foot orthotic insoles are beneficial in foot alignment, or unload points of pain and pressure. As per the Fact.MR’s study, the worldwide sales of foot orthotic insoles will surpass US$ 4 Bn in 2026. Technological advancements, spurred by upsurge in R&D projects, are expected to remain critical in shaping market growth in the coming years. Notable shift towards online sales channels would further boost value creation. ...
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Hair Fixative Polymers Market on a Steady Course, Growth Sustained by Natural Hair Styling Products, Reveals Fact.MR

Mar 26, 2020

Hair Fixative Polymers Market on a Steady Course, Growth Sustained by Natural Hair Styling Products, Reveals Fact.MR
Non-ionic polymers accounted for over 2/5th of the total demand in global hair fixative polymers market in 2018. High demand of non-ionic polymers is attributed to its extensive health benefits in numerous hair care products on the premise of strong demand for water soluble solutions in hair treatment. ...
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