Day: March 9, 2021

Pune, India, March 09, 2021 (GLOBE NEWSWIRE) — The global automotive fuel cell market size is projected to reach USD 34.63 billion by 2028, exhibiting a CAGR of 53.5% during the forecast period, as per estimates provided by Fortune Business Insights™ in its report, titled “Automotive Fuel Cell Market Size, Share & COVID-19 Impact Analysis, By Type (Proton Exchange Membrane Fuel Cell (PEMFC), Phosphoric Acid Fuel Cell (PAFC), and Others), By Power Rating (Below 100 kW, 100 – 200 kW, and Above 200 kW), By Vehicles (Passenger Vehicles, Light Commercial Vehicles (LCVs), Bus, and Trucks), and Regional Forecast, 2021-2028” The report states that the value of the market stood at USD 1.07 billion in 2020.Request to Sample PDF Brochure: https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/automotive-fuel-cell-market-101809Increasing...

Pune, India, March 09, 2021 (GLOBE NEWSWIRE) — The global gas insulated switchgear market size is projected to reach USD 36.60 billion by 2026 on account of the increasing demand for energy worldwide. Gas insulated switchgear is a substation with high voltage wherein major electrical equipment is placed in a sealed environment with an insulating medium, i.e., sulfur hexafluoride gas or SF6. All electrical switching equipment such as busbars, earth switches, isolators, circuit breakers, and others are completely enclosed inside modules filled with the SF6 gas. A recently published report by Fortune Business Insights™ titled, “Gas Insulated Switchgear Market Size, Share and Industry Analysis, By Voltage (Up to 66 kV, 66 kV – 170 kV, 170 kV – 550 kV, and Above 550 kV), By Installation (Indoor and Outdoor), By End User (Utility,...

Pune, India, March 09, 2021 (GLOBE NEWSWIRE) — According to the report, Automotive Radar Market size is projected to reach USD 3131.5 Million value by 2027, exhibiting a CAGR of 6.5%. The Automotive Radar Industry was valued at USD 2313.1 million in 2019. This is attributable to the increasing adoption of advanced technology to develop innovative automotive radar and the imposition of stringent vehicle safety regulations by the government across the globe.Increasing Government Focus to Reduce Road Fatalities to Surge DemandThe total halt of operations has led to massive economic losses for automotive industry that is reeling under stagnant sales and production. This has impacted the overall industry as the government has imposed a complete lockdown to contain the spread of novel coronavirus that has led to the total shutdown of...

Pune, India, March 09, 2021 (GLOBE NEWSWIRE) — The global fibromyalgia treatment market size is expected to reach USD 1,414.4 million by 2027, exhibiting a CAGR of 9.2% during the forecast period. The heavy investments in R&D for the development of innovative drugs in pain management will subsequently boost the market growth, states Fortune Business Insights in a report, the market size stood at USD 1,918.1 million in 2019.Increasing Healthcare Expenditure to Augment Growth in Asia PacificAsia Pacific is expected to dominate the fibromyalgia treatment market share during the forecast period. The large patient pool and increasing healthcare spending will enable speedy expansion of the market in the region. North America is expected to hold the largest share globally due to the growing prevalence of fibromyalgia.Lack of treatment...

Pune, March 09, 2021 (GLOBE NEWSWIRE) — Market Analysis The recyclable packing market is anticipated to grow at a 4.1% CAGR over the forecast period (2019- 2025), reveals the current Market Research Future (MRFR) report. Recyclable packing, simply put, is a form of packaging that can be recycled and reused. It has become easier to package products than ever with recyclable materials. This form of packaging can be re-used and cleaned and comprise paper, card, metal, glass, and increasingly specific plastics. But corrugated cardboard is the most common form of recyclable/recycled packaging. Enhancing Features that Spur Market Growth According to the MRFR report, there are numerous factors that are propelling the recyclable packing market share. Some of these include the demand for green and recyclable packaging, increasingly strict...

Pune, India, March 09, 2021 (GLOBE NEWSWIRE) — The global polymer foam market size is projected to reach USD 157.63 billion by 2027, exhibiting a CAGR of 7.73% during the forecast period. The development of biodegradable polymeric foams will play a crucial role in expanding the scope of this market, observes Fortune Business Insights™ in its report, titled “Polymer Foam Market Size, Share & Industry Analysis, By Type (Polyurethane (PU), Polystyrene (PS), Polyethylene (PE), Polyvinyl Chloride (PVC) and Others), By Application (Automotive, Building & Construction, Packaging, Furniture, Appliances, Apparel, and Others), and Regional Forecast, 2020-2027”.Worldwide COVID-19 Impact Analysis:The unprecedented health and economic crisis created by the COVID-19 pandemic has severely impacted industrial activities. Businesses have...