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Unlocking Efficiency: Exploring Global Heat Pump Market Potential

Published Date: Jun 14, 2023

As the world seeks sustainable and energy-efficient solutions for heating and cooling, the heat pump market is experiencing a significant surge. According to the EIA, close to 18 million households across the United States used heat pumps for space heating in 2020, indicating a nearly 50% increase over 2015.   Governments and regulatory bodies around the globe are implementing initiatives to promote the adoption of heat pumps, recognizin...

Challenges that will define the dynamics of Food & Beverages Market in 2023 and beyond

Published Date: Jan 30, 2023

The expanse of the food and beverages market has grown dramatically, especially over the last decade. This industry has witnessed substantial motion with innovation in processes, products, and services to keep pace with the rapidly changing consumer preferences.   However, this multi-billion-dollar business vertical while showing a commendable growth pace is also facing various obstacles. While some of the challenges have been persistent...

Top 6 Challenges Faced by the Automotive Industry: The Post-COVID-19 Era

Published Date: Feb 15, 2022

With successful vaccination drives slowly making the dreaded COVID-19 a thing of the past, nations worldwide have started putting more efforts towards recovering from the economic slump it created. In addition to the devastating toll, it took on global health, the pandemic also severely razed several of the world’s industries. However, it proved particularly destructive for markets such as F&B, automotive, electronics, and aviation, amo...

Top 8 Challenges for the Aviation Industry in the Post-COVID 19 Era

Published Date: Oct 25, 2021

The aviation industry is one of the many sectors that constitute an important element towards global economic development. It supports the rise in connectivity between cities and countries to enable the flow of goods, people, capital, and technology. With this, it is certain that the airline sector plays a fundamental role in society, but it also has its own fair share of challenges. From the COVID-19 pandemic, which remains one of the worst cris...

Current Challenges & Future Aspects of Autonomous Bus Industry

Published Date: Aug 17, 2022

While self-driving technology is still in its developmental stages, the autonomous market has seen a rise in the presence of manufacturers. The surging popularity of automation has paved the way for technological advancements. Burgeoning government and consumer interest have also proved lucrative for product penetration.   In recent years, industry leaders have been leveraging several trends to get ahead in the market. For example, with ...

4 key factors likely to shape digital substation market outlook through 2028

Published Date: Aug 17, 2022

Powered by the proliferation of T&D networks, digital substation market has recorded substantial gains in the recent years. Amid the growing urbanization, the performance demand from electricity networks is higher than ever before. Power generation is becoming progressively dynamic, with renewable technologies and distributed sources coming online at a robust pace.   With the growing number of power sources also comes the frequent oc...

Industry leaders brings innovation in earphones & headphones to strengthen market presence

Published Date: Aug 17, 2022

The last decade has witnessed an influx of new, innovative products in the earphones & headphones market in the light of evolving consumer needs. Alongside, there are some trends that have been influencing the industry drastically in recent years. One such trend is the burgeoning climate consciousness, which has prompted extensive efforts by key manufacturers to mitigate the carbon footprint of their operations.   Now that climate ch...

Demand for Electric Ships Booms with Rising Efforts to Reduce Carbon Emissions

Published Date: Aug 10, 2022

The shift towards electric mobility has become more prominent in the past few years. Electric ships ­– just like electric cars and scooters – are about to transform the shipping industry by drastically cutting carbon emissions and clearing the way for significant climate progress.   Maritime transport, which is said to be the backbone of international trade and the global economy, is estimated to offer prolific growth opp...

4 Prominent Benefits Driving Spray Polyurethane Foam Market Growth Through 2028

Published Date: Jul 29, 2022

The prevalent focus of consumers on boosting their energy savings has created a lucrative environment for the growth of spray polyurethane foam market, particularly with the burgeoning demand for electricity in residential settings. Additionally, technological advancements have given buyers access to more need-specific products that meet their requirements, which has further boosted product penetration in recent years.   Insulation in ho...

4 Prominent Strategies Plastic Compounding Companies are Focusing on in 2022 and Beyond

Published Date: Jul 27, 2022

The COVID-19 outbreak and aftermath have pushed manufacturers in the plastic compounding market to step up and meet critical demands, especially in the medical milieu. Compounding Solutions, a leader in plastic compounding for medical applications, recently collaborated with OEMs to address the burgeoning demand for high-quality compounds and polymers required in devices used for the prevention and treatment of coronavirus infection. Such industr...

Top 3 Applications Fostering Algae Protein Market Outlook in 2022 and Beyond

Published Date: Jul 26, 2022

With the expanding global population, there has been an upsurge in food demand, creating massive growth potential for the algae protein market. The many documented benefits of sufficient protein intake in the daily diet, as well as emerging dietary trends in the wake of climate consciousness, have enhanced consumer interest in alternative proteins, such as plant-based protein.   Algal protein, a novel protein supplement, has a soy protei...

3 Prominent Trends Aiding Mung Bean Protein Market Penetration Through 2028

Published Date: Jul 26, 2022

The growth of the mung bean protein market is primarily driven by the booming alternative proteins sector. Mung bean protein has been known to give excellent nutrition when consumed as part of a balanced diet. These protein-dense beans contain numerous essential amino acids that are beneficial for health, which has boosted consumer interest in the market across key regions.   Recently, there has been an upsurge in interest in plant-based...

How is the Sustainability Trend Impacting the Molded Pulp Packaging Market?

Published Date: Jul 26, 2022

DS Smith, a prominent company in the molded pulp packaging market, initiated its Now and Next sustainability strategy in September 2020 to support its objectives to transition to a circular economy. Simultaneously, the company aimed to offer more circular solutions to consumers and society at large, eliminating carbon from supply chains, and replacing problem plastics. The initiative is a significant reminder of the fact that since the onset of t...

How Will Cosmetic Preservatives Market Expand Amid Shifting Consumer Preferences Toward Organic Ingredients?

Published Date: Jul 12, 2022

Cosmetics preservative industry has sustained a positive outlook with incessant consumption of skin care products and essential oils, as well as improved customer reach. Cosmetics have become a vital part of modern-day lifestyle and well-being as they not only improve a person’s physical appearance but also boost self-esteem, confidence, and the overall mood.   Ranging from fragrances, antiperspirants, make-up and shampoos, to soap...

U.S. Stands as A Major Growth Pocket for the Cannabidiol (CBD) Oil Market; Will Other Countries Follow Suit?

Published Date: Jul 12, 2022

Over the past few years, cannabidiol (CBD)-based products have been rigorously adopted by consumers in developed countries for treating umpteen medical conditions. From beauty & health to pet products, CBD has helped enhance the effectiveness and outcomes of some treatment regimens, advocating an improved quality of life for patients.   The market for CBD is indeed promising as it is being touted to address some unique ailments. Stud...

How is the adoption of robotics enhancing patient outcomes in bronchoscopy?

Published Date: Jul 12, 2022

The bronchoscopy market has been receiving significant growth impetus in recent times, driven by the rising occurrences of lung-related diseases, such as chronic obstructive pulmonary disease (COPD). In addition, notable technological advancements in the sector have been improving product outlook in key regions worldwide. Increasing investments by industry leaders towards advancing the field of robotic bronchoscopy have also been favorable for ma...

3 Major Trends Fostering Polymer Nanocomposites Market Outlook Through 2028

Published Date: Jun 30, 2022

Mounting emphasis on manufacturing lightweight vehicles has been a vital factor fueling the growth of the polymer nanocomposites market. The extensive scope of application of the material across several industries has boosted consumer interest in the product substantially. Robust demand for sustainable solutions across the automotive and packaging industries, in addition, is positively influencing business growth.   There are some obstac...

How will the Metaverse Revolutionize Global Digital Banking Market?

Published Date: Jun 27, 2022

There is no denying that the Coronavirus outbreak led to a widespread digitalization of numerous industry verticals. With the lockdowns resulting in a massive spike in online shopping, digital banking market observed significant momentum. As cash utilization has been diminishing rapidly, the development of advanced payment services has led to rapid digitalization of the overall banking process.   These technological marvels have allowed ...

3 Supportive Regulatory Policies Pushing District Heating Adoption

Published Date: Jun 27, 2022

The introduction of aggressive climate objectives by global economies and growing prospects for reducing carbon emissions are driving the growth of the district heating market. District heating systems are deemed to be a critical part of the decarbonizing heating sector as they enable for easy integration of clean and flexible energy sources into the overall energy mix.   The ever-increasing population has augmented the demand for infras...

3 Key Technology Trends Powering Solar PV Module Deployment in 2022 & Beyond

Published Date: Jun 27, 2022

The solar PV module market so far has seen commendable growth, with numerous milestones having been achieved in terms of the number of installations, cost reductions, and technological breakthroughs. It is worth noting that reducing carbon dioxide emissions is currently the focal point of global efforts toward shifting to cleaner forms of energy. This factor, coupled with mounting concerns regarding climate change as well as the impact of air pol...

5 Prominent Industrial Hemp Market Players Leveraging Rising CBD Prominence

Published Date: Jun 24, 2022

The progress of the industrial hemp market is mainly fueled by the increasing legalization of hemp-based products in numerous regions across the globe. The recent surge in awareness pertaining to the benefits associated with cannabidiol (CBD)-based products, along with the mounting availability of hemp-derived consumer products, has driven consumer interest substantially. Furthermore, prevalent product adoption across varied industry verticals ha...

4 Prominent Factors Fostering Feed Phytogenics Market Outlook Through 2028

Published Date: Jun 24, 2022

Increased emphasis on animal nutrition has been supplementing the growth of the feed phytogenics market. The expanding global population, coupled with increased health consciousness among consumers, has created significant product demand supported by growing consumer inclination toward emerging fad diets. Burgeoning demand for meat and dairy products has also played a crucial role in fostering the need for feed phytogenics.     ...

4 Major Trends Driving Sandblasting Media Market Demand in 2022 and Beyond

Published Date: Jun 23, 2022

The increasing construction activities across the globe have proven to be a major factor pushing the growth of the sandblasting media market. Technological advancements in products, along with the growing need for sandblasting in the automotive and metalworking sectors, are positively influencing this business. Additionally, the availability of a broad range of media is extending the application scope of the technology in varied industries. &nbs...

Top 3 Trends Fueling Dairy Alternatives Market Expansion Through 2028

Published Date: Jun 23, 2022

Growing climate consciousness among consumers has been playing a crucial role in the growth of the dairy alternatives market. With the increasing prevalence of lactose intolerance and food allergies, the uptake of dairy alternatives products in key regions has substantially surged.     In recent years, consumers have been opting for dairy-free alternatives over dairy products for several reasons, particularly for their health b...

4 major applications impacting the future of 2-phenylethanol industry

Published Date: Jun 21, 2022

The global 2-phenylethanol market has been experiencing massive growth in recent years on account of mounting demand for cosmetics and personal care products. With the rising disposable incomes of consumers, the demand for personal care and pharma products has depicted a massive uptake, leading to major companies making a foray into these industries. Say, for example, Tata Consumer Products Ltd (TCPL) recently came up with a highly ambitious expa...

4 Major Trends Pushing Corn Fiber Market Expansion

Published Date: Jun 17, 2022

Mounting demand for plant-based ingredients in animal nutrition and pharmaceuticals can be majorly credited for the growth of corn fiber market. With the rising popularity of low-sugar foods, this product has gained considerable traction in recent times. The surging prominence of biofuels in the automotive sector is also fostering the global market outlook.   Corn fiber is used extensively to make starches, sweeteners, and ethanol, and t...

What Does the Future of Video Conferencing Market Look Like in Post-COVID World?

Published Date: Jun 15, 2022

For a while now, prominent video conferencing market contenders have sought to convince the world that the technology was ready and had matured for deployment to the point where it could be used for day-to-day business operations. Video conferencing has slowly found more significance as the popularity of hybrid as well as flexible working models started to grow, especially after employers and employees realized they can still be productive remote...

Top 4 Growth Opportunities Prevalent in the Autonomous Truck Market through 2028

Published Date: Jun 15, 2022

The advent of self-driving technology has been a key component boosting the progress of the autonomous truck market – a thriving offshoot of the global automotive industry. Rising investments towards technological development in order to optimize the driving experience have also shaped the autonomous trucking landscape substantially. Furthermore, mounting awareness pertaining to potential applications of self-driving trucks in various indus...

Top 3 Challenges Autonomous Truck Industry Contenders are Facing in 2022

Published Date: Jun 15, 2022

Technological advancements have been playing a vital role in the growth of the autonomous truck market – a key sub-segment of the global automotive industry. Increased safety associated with autonomous trucks, along with rising incidences of road accidents, are also key reasons for the growth of the sector. Moreover, the mounting presence of automotive leaders in the industry and their efforts to revolutionize autonomous trucking is further...

Top 5 Trends Influencing Biostimulants Market as of 2022 and beyond

Published Date: Jun 15, 2022

With an ever-increasing population and reduction of fertile land for crop production, several farmers, producers, and governments are under tremendous pressure to cater to the growing demand for food worldwide. Alongside, they have also been working to ensure sustainable agriculture practices, which in turn is driving biostimulants market growth globally.   It is worth noting that biostimulants do not directly impact pathogens, pests, or...

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