Media Releases


Power Distribution Module Market to Top US$ 8 Bn Valuation by 2030, COVID-19 Outbreak to Moderately Affect Short-term Sales

Dec 24, 2020

Power Distribution Module Market to Top US$ 8 Bn Valuation by 2030, COVID-19 Outbreak to Moderately Affect Short-term Sales
Commercial vehicles are generally considered high fuel consuming vehicles. In recent years, demand for power-efficient vehicles has increased, owing to rise in freight transport across the world. The need of the hour is highly secured and efficient power distribution. Furthermore, intelligent power distribution modules will be used in all commercial vehicles in the years to follow. Manufacturers in the power distribution module market are deploying their resources to develop high-power voltage solutions for commercial vehicles. This is in accordance with the ban on diesel-powered vehicles in certain countries, which will further drive the market for efficient intelligent power distribution modules in commercial vehicles. ...
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Gallium Oxide Market to Surge at Impressive 11% CAGR through 2030; COVID-19 Pandemic to Have Moderate Impact on Growth in Near Term

Dec 24, 2020

Gallium Oxide Market to Surge at Impressive 11% CAGR through 2030; COVID-19 Pandemic to Have Moderate Impact on Growth in Near Term
Rapid advancements in the semiconductor industry have helped increasing the potential of gallium oxide. Gallium oxide is mostly used in the manufacturing of gallium oxide substrates. Currently, gallium substrates formed from oxide are used for research & development activities by academic & research institutes for making more technologically sound products. With a rapidly growing semiconductor industry, the gallium oxide market too will witness strong growth over the coming years. ...
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Smart PPE Market to Close in on US$ 3 Bn by 2030; Growth Rebound Expected after Initial Setbacks amidst COVID-19 Outbreak

Dec 24, 2020

Smart PPE Market to Close in on US$ 3 Bn by 2030; Growth Rebound Expected after Initial Setbacks amidst COVID-19 Outbreak
Increased awareness about safety and globally accepted regulations by companies have significantly increased demand for industrial IoT-integrated smart PPE solutions, especially in oil & gas, manufacturing, and construction industries, to ensure workers’ safety in various work environments. Mounting demand for smart PPE is due to the fact that, IIOT-integrated PPE delivers the best real-time preventive maintenance solutions. Besides, active flash PPE integrated with OSRAM-guided lights provide visibility even in wet working conditions. Development of smart flame and chemical-resistant materials, along with integration of improved materials for aesthetics and ergonomics to reduce workplace injuries and satisfy OSHA guidelines, is poised to surge smart PPE demand, globally. ...
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Dermatology Diagnostic Devices Market Driven by Demand for Non-Invasive Skin Cancer Screening: Fact.MR

Dec 22, 2020

Dermatology Diagnostic Devices Market Driven by Demand for Non-Invasive Skin Cancer Screening: Fact.MR
Wide range and high prevalence of skin ailments, including psoriasis, eczema, and skin cancer, among others, is expected to drive the growth of the dermatology diagnostic devices market, says Fact.MR in a recent study. Concerns over environmental pollution in urban centers and a vast base of baby boomer patients will support long-term growth. Increasing interest in the healthcare sector towards non-invasive dermatological screening technologies is creating a number of opportunities for manufacturers within the sector. Growing number of specialty dermatology clinic facilities run by private entities, and incorporation of AI and imaging technologies in new product offerings, allow for improved accuracy in diagnostic procedures. ...
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Paper Diagnostics Market Gaining Traction Due to Increased Accuracy and Rapid Testing of Chronic Ailments: Fact.MR

Dec 22, 2020

Paper Diagnostics Market Gaining Traction Due to Increased Accuracy and Rapid Testing of Chronic Ailments: Fact.MR
The global paper diagnostics market is expanding fast, as demand for rapid testing and accurate diagnosis continues to rise in response to increase in cases of cancer, autoimmune diseases, and inflammatory diseases, worldwide, finds Fact MR, in a new study. Due to their benefits such as ease of fabrication, affordability, sensitivity, reproducibility, and low limits of detection, paper diagnostics are highly sought-after in the healthcare and diagnostics segment. ...
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Glass Bonding Adhesives Market Exhibiting Significant Growth Owing to Rise in Demand from Construction Industry: Fact.MR

Dec 21, 2020

Glass Bonding Adhesives Market Exhibiting Significant Growth Owing to Rise in Demand from Construction Industry: Fact.MR
A recent study by Fact.MR states that, the global glass bonding adhesives market is anticipated to expand at over 7% CAGR through 2030. The market is fast gaining traction with a surge in demand for bonding agents to be used between glass and other materials such as metals, rubbers, plastics, and others, from various industries such as electronics, transportation, and construction. As this kind of adhesive provides the best method of joining for glass, it is highly preferred in the architecture industry. ...
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Diabetes Diagnostics Market Gaining Momentum as Demand for Advanced Technologies Rises for Faster & Accurate Diagnosis: Fact.MR

Dec 21, 2020

Diabetes Diagnostics Market Gaining Momentum as Demand for Advanced Technologies Rises for Faster & Accurate Diagnosis: Fact.MR
Rising cases of type 2 diabetes due to unhealthy lifestyle practices and increasing obesity rates are expected to drive the diabetes diagnostics market, finds Fact.MR. According to the World Health Organization (WHO), prevalence of diabetes in people over the age of 18 rose from 4.7% in 1980 to 8.5% in 2014. The International Diabetes Federation also stated that, around 425 million people were suffering from diabetes in 2017, and around 630 million cases are expected to be reported by 2045. ...
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Medical Grade Silicone Market to Gain from Increasing Silicone Gel Application in Prosthetics: Fact.MR

Dec 18, 2020

Medical Grade Silicone Market to Gain from Increasing Silicone Gel Application in Prosthetics: Fact.MR
The global medical grade silicone market will exhibit 6% CAGR from 2020 to 2030, finds Fact.MR, in a new study. Growth is expected to continue despite the market encountering disruptions due to COVID-19 outbreak. Exponentially rising demand for masks, face shields, and protection kits will favor overall expansion. ...
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Nano Healthcare Technology Market Driven by Rising Investments in Advanced Medical Equipment: Fact.MR

Dec 17, 2020

Nano Healthcare Technology Market Driven by Rising Investments in Advanced Medical Equipment: Fact.MR
Increasing demand for advanced and effective equipment and favorable government initiatives are expected to drive the nano healthcare technology market, finds Fact.MR in a new study. The increasing geriatric population along with developments in the healthcare sector are key drivers of the market. ...
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Medical Suction Devices Market Witnessing Increased Demand during COVID-19 Pandemic Due to Surging Hospitalization Rates: Fact.MR

Dec 17, 2020

Medical Suction Devices Market Witnessing Increased Demand during COVID-19 Pandemic Due to Surging Hospitalization Rates: Fact.MR
Proper management of fluids is an important function of medical suction devices. Liquid and solid medical waste is a potential biohazard for patients, waste handlers, and the environment. In order to mitigate the risk of re-infection and reemergence of infectious diseases, safe waste management is of utmost importance. ...
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Fracking Fluids and Chemicals Market Sees Increasing Demand from Horizontal and Directional Wells: Fact.MR

Dec 16, 2020

Fracking Fluids and Chemicals Market Sees Increasing Demand from Horizontal and Directional Wells: Fact.MR
Rising popularity of horizontal and directional wells is anticipated to drive fracking fluids and chemicals market, according to a recent report published by Fact.MR. Horizontal drilling requires large amount of fracking fluids and chemicals, thus proving a key stimulant to growth registered in the market. ...
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Medical Gases and Equipment Market Registers Growth in Response to Surging Healthcare Expenditure: Fact.MR

Dec 16, 2020

Medical Gases and Equipment Market Registers Growth in Response to Surging Healthcare Expenditure: Fact.MR
The global medical gases and equipment market is exhibiting steady growth with the surge in demand from hospitals, home care settings, pharmaceutical companies, and other healthcare facilities. A recent study by Fact.MR states that the medical gases and equipment market is anticipated to grow at over 8% CAGR during the forecast period between 2020 and 2030. ...
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Consumer Appliance Coatings Market Expanding on Back of Rising Domestic Appliance Industry: Fact.MR

Dec 15, 2020

Consumer Appliance Coatings Market Expanding on Back of Rising Domestic Appliance Industry: Fact.MR
The global consumer appliance coatings market is gaining traction owing to rise in demand in diverse applications such as refrigeration, large cooking appliances, home laundry, and others. The global refrigeration industry was estimated at more than US$ 19 billion in 2018, and is growing steadily to cross US$ 28 billion by 2025. As a result, demand for consumer appliance coatings is expected to increase further over the coming years. Another key application area of consumer appliance coatings is the large cooking appliances industry, which is growing exponentially and expected to ascend at a rate of over 6% CAGR through 2025. ...
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Coatings for Medical Devices Market Gains as Demand for Antimicrobial Coatings Rises amid COVID-19: Fact.MR

Dec 15, 2020

Coatings for Medical Devices Market Gains as Demand for Antimicrobial Coatings Rises amid COVID-19: Fact.MR
The coatings for medical devices market is expected to register high growth, especially as demand continues to rise across hospitals and healthcare facilities amid COVID-19 crisis, finds Fact MR in a recent study. ...
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Prepackaged Medical Kits and Trays Market Surging at 8.5% CAGR; COVID-19 Pandemic Crisis Lending Impetus to Market Growth: Fact.MR

Dec 14, 2020

Prepackaged Medical Kits and Trays Market Surging at 8.5% CAGR; COVID-19 Pandemic Crisis Lending Impetus to Market Growth: Fact.MR
Growth rate of the global healthcare industry has been around 7% in recent years, which is expected to increase to over 9% over the next five years. With a growing healthcare industry, including multi-specialty hospitals, clinics, and others, there has been an increase in the number of patients. This also means increased chances of acquiring hospital-associated infections while being treated. In order to minimize these health risks, requirement for disposable products such as prepackaged medical kits and trays, disposable gloves, patient gowns, sterile medical devices, and others is increasing rapidly. ...
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Low VOC Adhesives Market Proliferating on Back of Rising Demand for Hot-melt Adhesives: Fact.MR

Dec 14, 2020

Low VOC Adhesives Market Proliferating on Back of Rising Demand for Hot-melt Adhesives: Fact.MR
Hot-melt adhesives are finding increased application in various packaging industries, propelling demand in the overall low VOC adhesives market, according to a recent report published by Fact.MR. ...
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Cables and Leads for Medical Equipment Market Proliferating from Surging Demand Due to COVID-19 Pandemic Crisis: Fact.MR

Dec 14, 2020

Cables and Leads for Medical Equipment Market Proliferating from Surging Demand Due to COVID-19 Pandemic Crisis: Fact.MR
Rising need for medical equipment and devices due to surge in patients following the COVID-19 pandemic has increased demand for cables and leads for medical equipment, finds Fact.MR. Cables and leads are key elements in medical equipment that is used in laboratories, operating rooms, and monitoring systems. ...
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Marine Adhesives Market to Witness Significant Growth Due to Increasing Application in Water Vessels: Fact.MR

Dec 11, 2020

Marine Adhesives Market to Witness Significant Growth Due to Increasing Application in Water Vessels: Fact.MR
Increasing use of marine adhesives to bond metal, composite, and plastic components is expected to propel market growth, finds Fact.MR. Marine adhesives display higher bonding strength, elasticity, greater absorption of vibrations and impact, strong affinity with paints, and resistance to UV rays. These factors, along with their high compatibility with environmental factors such as exposure to moisture and water, make marine adhesives a viable option for varied uses. ...
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Medical Equipment Maintenance Market Gaining Impetus from Expansion of Super Specialty and Multi-Specialty Hospitals: Fact.MR

Dec 10, 2020

Medical Equipment Maintenance Market Gaining Impetus from Expansion of Super Specialty and Multi-Specialty Hospitals: Fact.MR
The increasing number of super specialty and multi-specialty hospitals across the world is expected to boost medical equipment maintenance market, finds a recent report published by Fact.MR. ...
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Bio-based Moisture Curing Adhesives Create Golden Opportunities: Fact.MR Study

Dec 10, 2020

Bio-based Moisture Curing Adhesives Create Golden Opportunities: Fact.MR Study
Adoption of moisture curing adhesives is significantly high in a wide range of industrial applications such as wood working, construction, and automotive, besides others. This is mainly providing impetus to market growth, opines the Fact.MR report. ...
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Vehicle Mounted Spotlights Market to Close in on US$ 1 Billion by 2030; COVID-19 Pandemic Impeding Market Expansion

Dec 10, 2020

Vehicle Mounted Spotlights Market to Close in on US$ 1 Billion by 2030; COVID-19 Pandemic Impeding Market Expansion
The global vehicle mounted spotlights market is set to observe a sizeable growth rate of over 4% in the coming decade. In the past years, this market grew at a modest pace of 3.5%, owing to declining demand from the automobile industry. However, advancements in technology and adoption of LED-based vehicle mounted spotlights have augmented market growth. In the coming decade, widespread adoption of wireless control vehicle mounted spotlights by leveraging manufacturing practices to come up with snazzy products will complement market expansion. Also, all-weather-proof rugged spotlights that can be used in challenging surroundings are predicted to drive the market. ...
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Chiral Chemicals Market Players Focus on Boosting Biological Separation Technology: Study

Dec 09, 2020

Chiral Chemicals Market Players Focus on Boosting Biological Separation Technology: Study
The global market for chiral chemicals market is expected to recover briskly from the impact of COVID pandemic, opines a new Fact.MR report. It reveals that with a user-centric manufacturing approach, leading market players are reviving their revenue cycles, and growing technological adoption will support the business growth for stakeholders in the coming years. ...
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Ballast Water Treatment Systems (BWTS) Market to Surge Ahead at 10% CAGR through 2030: Fact.MR

Dec 08, 2020

Ballast Water Treatment Systems (BWTS) Market to Surge Ahead at 10% CAGR through 2030: Fact.MR
Emergence of low-cost, ecofriendly ballast water treatment systems is generating new market potential and opportunities, according to Fact.MR.  Rising environmental concerns are expected to propel ecofriendly systems across the world. Conservation of the marine ecosystem is becoming imperative, as pollution levels are rising across the globe in a multitude of ways. Hence, systems that can save the marine ecosystem from harmful microorganisms and pollutants are expected to be the most sought-after, fueling the growth of the ballast water treatment systems (BWTS) market. ...
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Tunnel Lighting Market to Exhibit Steady 5% CAGR through 2030; Market Back on Track after Initial Setbacks Due to COVID-19 Outbreak

Dec 08, 2020

Tunnel Lighting Market to Exhibit Steady 5% CAGR through 2030; Market Back on Track after Initial Setbacks Due to COVID-19 Outbreak
Adoption of energy-efficient LED lighting and control systems with improved technologies is expected to drive the tunnel lighting market over the forecast period, according to Fact.MR. Moreover, increasing transportation infrastructural development is projected to be a key contributor to market growth over the coming years. Developmental projects, especially in road and rail infrastructure, taken up by developing countries such as India and China, are expected to positively impact market growth. ...
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UV Filter Market Experiencing Sluggish Growth; Set to Rebound in 2021, Says Fact.MR

Dec 04, 2020

UV Filter Market Experiencing Sluggish Growth; Set to Rebound in 2021, Says Fact.MR
The UV filter market is estimated to reach a market value of US$ 607 Mn in 2020, and is set to create an absolute dollar opportunity of US$ 600 Mn over the forecast period (2020-2030), expanding at a CAGR of around 7% from 2020 to 2030. UV filters are key component in personal care products, and provide SPF functions to these products. Out of the filter types channelled in the market, organic is set to capture a majority of the market share, owing to these UV filters integration in formulating a majority of products such as creams, gels, lotions, powder, wipes, and sprays. ...
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Marine Oil Market to Witness Decline in Near Term due to COVID-19 Pandemic; Steady Growth Expected Thereafter

Dec 04, 2020

Marine Oil Market to Witness Decline in Near Term due to COVID-19 Pandemic; Steady Growth Expected Thereafter
Marine oil is in high demand from end-use industries such as aqua feed and pharmaceuticals. However, the COVID-19 pandemic has impacted the global marine oil market, with significant obstruction in raw material procurement and the supply of raw material from one country to another. This reduction in supply consequently hampers production in end-use industries, thereby diminishing the growth of the global marine oil market. Nevertheless, the global marine oil market is expected to gradually recover with the resumption of activities across the globe, and reach a valuation of US$ 2.6 Bn by 2030.  ...
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Dental Infection Control Products Market to Gain Added Impetus from Digital Dentistry: Fact.MR

Dec 04, 2020

Dental Infection Control Products Market to Gain Added Impetus from Digital Dentistry: Fact.MR
Rising focus on dental care and changing lifestyles of people have increased growth of the dental industry. According to Fact.MR, this has led to increasing demand for dental Infection control products across the world. Dental infections are generally caused due to direct contact with infected fluids such as saliva or blood. They can also be caused by indirectly coming into contact with contaminated equipment or apparatus. Therefore, there has been growing demand for dental infection control products in the healthcare sector. ...
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Dental Consumables Market to Top US$ 50 Bn by 2030; COVID-19 Pandemic to Hit Demand in Short Term

Dec 04, 2020

Dental Consumables Market to Top US$ 50 Bn by 2030; COVID-19 Pandemic to Hit Demand in Short Term
Dental problems are becoming a cause for concern for people worldwide. This has led to manufacturers investing in research & development to come up with innovative products with changing times. Technological advancements leading to innovative products are expected to drive the global dental consumables market in the future. ...
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Two Component Adhesives Market Driven by Rising Use in Automotive Industry for Weight Reduction: Fact.MR

Dec 03, 2020

Two Component Adhesives Market Driven by Rising Use in Automotive Industry for Weight Reduction: Fact.MR
Growing demand for two component adhesives in the automotive, construction, and aerospace industries acts as a key driver for the market, finds Fact.MR. Two component adhesives are used to join metals and bond plastics due to their high glueing properties. They are generally used in construction and manufacturing processes due to their ability to withstand high pressure and strain. ...
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Froth Flotation Chemicals Market Finds Attractive Opportunities in Surging Demand from Mining Industry: Fact.MR

Dec 02, 2020

Froth Flotation Chemicals Market Finds Attractive Opportunities in Surging Demand from Mining Industry: Fact.MR
Expansion of industries, coupled with government initiatives aimed at curbing emission from these industries will aid the expansion of froth flotation chemicals market, finds Fact MR in a new study. Global froth flotation chemicals market is expected to gain from the rising use of mixed collectors during flotation. ...
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Baby Care Products Market to Witness Marginal Decline in Near Term amid COVID-19 Pandemic

Dec 02, 2020

Baby Care Products Market to Witness Marginal Decline in Near Term amid COVID-19 Pandemic
The global baby care products market is projected to be valued at over US$ 8 billion in 2020, and is anticipated to surpass nearly US$ 19 billion by 2030. The spread of COVID-19 has brought a decline in demand for some baby care products, due to customer preference of spending on more important daily consumer products. Likewise, declining requests from institutional buyers such as hospitals, baby day care centers, etc., is causing a decrease in demand in the baby care products market. However, the market will show better development during the recuperation time of the COVID-19 pandemic, owing to the strong hold of this market in developing nations that have a large customer base. ...
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Aroma Chemicals Market To Progress Steadily Due to Increasing Application of Natural Flavours: Fact.MR

Dec 02, 2020

Aroma Chemicals Market To Progress Steadily Due to Increasing Application of Natural Flavours: Fact.MR
A recent study by Fact.MR suggests that, rising demand for aroma chemicals in the fragrance and food & beverage industry is expected to increase the growth of the aroma chemicals market. Aroma chemicals are molecules that increase flavour and fragrance when added to products. They consist of natural compounds that are extracted from plants and animals, and synthetic compounds that are created in laboratories using oils and fats. Stringent regulations regarding artificial flavours have contributed to the growth of natural aroma chemicals in the food industry. ...
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Metal Finishing Chemicals Market Records Impressive Growth as Demand from Automotive Industry Surges: Fact.MR

Dec 02, 2020

Metal Finishing Chemicals Market Records Impressive Growth as Demand from Automotive Industry Surges: Fact.MR
A new study by Fact.MR projects growth at a steady pace for the global metal finishing chemicals market, driven by the surging demand from automotive, construction, and other industries. Between 2020 and 2030, the market is expected to grow at above 2% CAGR. ...
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UV Cured Adhesives Market to Top US$ 3 Bn by 2030; COVID-19 Outbreak to Hamper Market Growth in Short Term

Dec 02, 2020

UV Cured Adhesives Market to Top US$ 3 Bn by 2030; COVID-19 Outbreak to Hamper Market Growth in Short Term
UV cured adhesives are considered to be a key component in the manufacturing of electronics products. In the past half-decade, UV cured adhesives have gained traction in the RFID inlays market owing to RFID manufacturers’ inclination towards fast curing adhesives to support rapid assembly lines. Apart from RFID manufacturing lines, UV cured adhesives have found a prominent role in the manufacturing of various electronics goods such as mobile phone boards, motherboards of computers, and others, which is set to provide a long-term stance to the market. The medical industry also captures a significant market space owing to the need for inculcation of UV cured adhesives for manufacturing medical equipment such as ventilators, ECGs, and other equipment essential for day-to-day clinical operations. ...
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Metal Cleaning Chemicals Market to Progress at Steady Pace; Impact of COVID-19 to Remain Mixed

Dec 01, 2020

Metal Cleaning Chemicals Market to Progress at Steady Pace; Impact of COVID-19 to Remain Mixed
According to a report published by Fact.MR, the global metal cleaning chemicals market is growing at a moderate pace, and is anticipated to record a CAGR of 3.4% from 2020 to 2030. One of the crucial drivers influencing the growth of the metal cleaning chemicals market is the rise in demand for aqueous metal cleaners from end-use industries requiring maintenance for their machinery. On the other side, several studies have shed light on the VOC contents of these metal cleaning chemicals that lead to the production of smog. Smog is found to have ill-effects on the bodies of animals and human beings. Given this influence, governments of numerous countries, especially developed ones, have imposed bans or imposed limitations on the production of metal cleaning chemicals. ...
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Textile Chemicals Market to Gain Impetus as Sustainability Takes Precedence in Research Initiatives: Fact.MR

Dec 01, 2020

Textile Chemicals Market to Gain Impetus as Sustainability Takes Precedence in Research Initiatives: Fact.MR
According to a recent study by Fact.MR, the surging apparel sales via online retail shops have been enabling sustainable growth in the textile chemicals market amid COVID-19. Some of the leading players are focusing on improving their online presence to offset lack of footfall in brick and mortar stores. ...
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Aviation Lubricants Market Driven by Rising Demand for High-quality Aerospace Lubricants: Fact.MR

Nov 30, 2020

Aviation Lubricants Market Driven by Rising Demand for High-quality Aerospace Lubricants: Fact.MR
Commercial aviation is gaining traction across the world. Rising passenger traffic and reduced airfares have created an environment conducive to the growth of the aviation lubricants market, finds Fact.MR in a new study.  According to the report, the market is poised to exhibit a steady CAGR of 5% during the forecast period of 2020 to 2030. ...
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Bio-based Platform Chemicals Market Growing on Back of Developments in Agrochemicals Sector: Fact.MR

Nov 30, 2020

Bio-based Platform Chemicals Market Growing on Back of Developments in Agrochemicals Sector: Fact.MR
A new study by Fact.MR states that, the depletion of fossil fuels and strict regulations associated with environment pollution are key factors that are aiding the adoption of bio-based platform chemicals. Rapid growth of the green chemistry sector will also contribute to developments in the industry. ...
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Immunochemicals Market Driven by Growing Funding into the Drug Development: Fact.MR

Nov 30, 2020

Immunochemicals Market Driven by Growing Funding into the Drug Development: Fact.MR
Immunochemical offerings are largely reliant on luminometric, fluoro, and photon-based detection. These products have gained traction as the healthcare sector transitions away from chromatography in clinical diagnostics. ...
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Marine Fenders Market to Gain Impetus from Advances in Pneumatic Fenders: Fact.MR

Nov 26, 2020

Marine Fenders Market to Gain Impetus from Advances in Pneumatic Fenders: Fact.MR
Expansion of seaborne trade is expected to create lucrative prospects for the expansion of marine fenders market, finds Fact MR in a new study. According to the report, the market is expected to gain significant impetus from the launch of pneumatic fenders. Pneumatic fenders have the ability of self-floating and offer lasting durability, which make them ideal for protecting ship hulls, especially during transfer of crude oil from one ship to another. ...
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Solar Powered Car Market’s Bright Future Suffers a COVID-19 Induced Blip: Study

Nov 25, 2020

Solar Powered Car Market’s Bright Future Suffers a COVID-19 Induced Blip: Study
Global solar powered car market rally has been temporarily impacted by the sluggishness induced due to COVID-19 pandemic, according to a new study by Fact.MR. However, the study is bullish on the long-term prospects of the market, with growth rates set to hover around 20% through 2030. ...
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Driver Alert System Market Gaining Impetus from Advances in Semi-Autonomous Vehicles: Fact.MR

Nov 25, 2020

Driver Alert System Market Gaining Impetus from Advances in Semi-Autonomous Vehicles: Fact.MR
According to a new study by Fact.MR, the rising demand for greater automotive safety will enable growth in the driver alert system market at above 14% CAGR between 2020 and 2030. Innovations in the field of advanced driver assistance systems (ADAS) is expected to create an environment conducive to the growth of the market. ...
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Bucket Trucks Market to Reach US$ 1.8 Bn by 2030; COVID-19 Outbreak Affecting Demand in Key Regional Markets

Nov 24, 2020

Bucket Trucks Market to Reach US$ 1.8 Bn by 2030; COVID-19 Outbreak Affecting Demand in Key Regional Markets
The bucket trucks market has undergone considerable amount of restructuring over the recent past. Greater emphasis has been placed on safety regulations that eliminate the need to use risky rope access and other conventional methods such as scaffolding. In saturated markets such as North America and Western Europe, technologically-advanced equipment are perceived to be the best bet for any job. Japan is known to lay great emphasis on safety standards, and due to the presence of a large number of OEMs in the country, it requires a large number of AWPs for a wide variety of applications. ...
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Permanent Magnet Synchronous Motors Market to Grow at 5.2% CAGR through 2030: FactMR

Nov 24, 2020

Permanent Magnet Synchronous Motors Market to Grow at 5.2% CAGR through 2030: FactMR
According to a latest report from Fact.MR, the global permanent magnet synchronous motors market is expected to witness steady growth through 2030, despite COVID-19 stopping the rally in 2020. Growing opportunities in the EV segment, combined with focus on energy-efficient motors will be the key focus areas for market players. ...
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Fishing Rods Market to Expand 1.6X by 2030; Decline in Sales Predicted Throughout COVID-19 Pandemic, Projects Fact.MR

Nov 23, 2020

Fishing Rods Market to Expand 1.6X by 2030; Decline in Sales Predicted Throughout COVID-19 Pandemic, Projects Fact.MR
The fishing rods market is poised to expand at a value CAGR of 4.5%, and is expected to create an absolute dollar opportunity of US$ 1.5 Bn during the forecast duration of 2020-2030. The outbreak of COVID-19 will have a short-term impact on the fishing rods market. However, rising participation in fishing activities and increasing fishing boat sales will drive the growth the fishing rods market over the coming years. Offshore wind farms provide an opportunity for the fishing industry. The U.S. Department of Energy has allocated approximately US$ 200 Mn for research, development, and demonstrations of offshore wind projects. As such, demand for fishing rods will increase in future. ...
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Lignin Market to Cross Valuation of US$ 1.6 Bn by 2030, COVID-19 Outbreak to Marginally Dampen Sales, Projects Fact.MR

Nov 23, 2020

Lignin Market to Cross Valuation of US$ 1.6 Bn by 2030, COVID-19 Outbreak to Marginally Dampen Sales, Projects Fact.MR
The lignin market is poised to grow at a value CAGR of close to 5%, and is expected to create an absolute dollar opportunity of US$ 585 Mn over the forecast duration of 2020-2030. Increasing demand for lignin in animal feed and natural products is anticipated to drive market growth. Rising awareness about dust pollution on human and animal health has forced governments across various countries to impose rules and regulations for suppressing dust emission levels. Lignin has good binding properties, which makes it ideal for controlling dust levels on roads and in parking areas. ...
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Trailer Terminal Tractors Market Players Focus on Muted Recovery: Fact.MR

Nov 23, 2020

Trailer Terminal Tractors Market Players Focus on Muted Recovery: Fact.MR
A new study by Fact.MR on trailer terminal tractors market opines global revenues to grow at nearly 2.5% in 2021. The market rally has been stalled by weakness induced by COVID-19 induced pandemic, however, the commencement of recovery can boost prospects in the long run. The market study by Fact.MR offers detailed insights for the period 2020 to 2030, analyzing the market in over 20 countries. ...
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Base Oil Market Players Look to Capitalize on Commercialization of GTL Technology: Fact.MR

Nov 23, 2020

Base Oil Market Players Look to Capitalize on Commercialization of GTL Technology: Fact.MR
A new Fact.MR analysis projects base oil market to grow at approximately 2% CAGR during the forecast period from year 2020 to 2030. According to the report, broader growth of the automotive sector will be crucial for the prospects of the base oil market players during the assessment period. The study further opines that growing focus on reducing toxic pollutants and shift toward electric vehicles can induce a decline in demand. ...
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Sodium Percarbonate Market Growth Catalyzed by Rising Focus on Ecofriendly Products, Finds Fact.MR

Nov 20, 2020

Sodium Percarbonate Market Growth Catalyzed by Rising Focus on Ecofriendly Products, Finds Fact.MR
The global sodium percarbonate market is anticipated to reach a valuation of over US$ 650 million by 2030, with the growth rate pegged at 1.5% from 2020 to 2030. Demand for ecofriendly products has been increasing, which, in turn, has been highly beneficial for sodium percarbonate as a disinfectant. Permissible usage of sodium percarbonate in both, organic and conventional aquaculture, has proven beneficial, and usage in water treatment is expected to hold strong during the forecast period. Despite a slight dip during the COVID-19 crisis, the sodium percarbonate market is expected to experience gradual growth in terms of value over the coming years. ...
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Bearing Market Players Pin their Hopes on Automotive Revival, says new Fact.MR Study

Nov 19, 2020

Bearing Market Players Pin their Hopes on Automotive Revival, says new Fact.MR Study
According to a new study by Fact.MR, global bearing market growth will hover around 7% despite fundamental weaknesses induced by COVID-19 pandemic. Market players are readying for the opportunities as reversal of lockdowns has created stimulus in many markets. However, the uncertainty over second wave of the pandemic and lack of investor confidence can delay recovery to late 2021 or early 2022, according to the study. ...
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