Day: August 30, 2022

The global Oil and Gas EPC market size is expected to grow from USD 49.58 billion in 2022 to USD 80.77 billion by 2029; it is estimated to grow at a CAGR of 7.2% from 2022 to 2029. Robust Demand for Electric Vehicles to Propel Growth of Global Oil & Gas EPC Industry. Pune, India, Aug. 30, 2022 (GLOBE NEWSWIRE) — According to Fortune Business Insights, the global Oil & Gas EPC market size is projected to hit USD 80.77 billion by 2029 and exhibit a CAGR of 7.2% during the forecast period. The market size stood at USD 46.60 billion in 2021 and USD 49.58 billion in 2022. Factors, such as increasing utilization of hydrocarbons and increasing shares of oil & gas, are expected to boost the market growth during the forecast period. Additionally, factors, such as rising oil & gas exploration activities, will increase...

KYOTO, Japan, Aug. 30, 2022 (GLOBE NEWSWIRE) — On August 30, 2022 (Japan Standard Time), Nidec Corporation (“Nidec”) (TSE: 6594; OTC US: NJDCY) signed a joint venture agreement with FREYR BATTERY SA (“FREYR”) (NYSE: FREY), a Norwegian semi-solid lithium-ion battery manufacturer. 1. Purpose of the agreementFREYR is a lithium-ion battery manufacturer founded in 2018, listed on the New York Stock Exchange in 2021, and planning to start mass production in 2024. FREYR has innovative semi-solid lithium-ion battery manufacturing technology in terms of quality and manufacturing process. The company will manufacture batteries in Norway, an advanced decarbonization country, exclusively using clean renewable hydroelectric power locally available. Consequently, FREYR’s production of battery cell is environmentally friendly, and it gains competitive...

Companies Covered in Drone Sensors Market are Trimble, TDK Invensense, Sparton NavEx, Raytheon, Lord Microstrain, AMS AG (Austria)Flir System (U.S.), KVH Industries (U.S.), TE connectivity (Switzerland), Lord MicroStrain (U.S.) and Other key players Pune, India, Aug. 30, 2022 (GLOBE NEWSWIRE) — The global drone sensors market size is projected to reach USD 2,342.1 million by 2028, exhibiting a CAGR of 25.08% during the forecast period. The increasing deployment of drones amid the COVID-19 crisis will be a major driving factor for this market, postulates Fortune Business Insights™ in its report, titled ”Drone Sensors Market, 2021-2028”. As per the report, the value of the market was estimated to be USD 394.7 million in 2020. The COVID-19 pandemic outbreak has posed unprecedented challenges to governments and communities around the...

Mortsel, Belgium – August 30, 2022 – 8.15 a.m. CET Within the framework of its ongoing transformation process, the Agfa-Gevaert Group has signed a share purchase agreement with AURELIUS Group for the sale of its Offset Solutions division. Under the terms of the agreement, AURELIUS Group would acquire the Offset Solutions division at an enterprise value of 92 million Euro, subject to customary working capital and net financial debt adjustments as well as minority share and net pension debt deductions. The Offset Solutions division is a global supplier to the offset printing industry, offering commercial, newspaper and packaging printers integrated prepress and printing solutions. The proposed transaction is subject to customary employees’ information and consultation processes, regulatory approvals and closing conditions. Both parties aim...

Sydney, Aug. 30, 2022 (GLOBE NEWSWIRE) — Proactive, provider of real-time news and video interviews on growth companies listed in Australia, has covered the following companies:Archer Materials Ltd (ASX:AXE, OTC:ARRXF) has enjoyed a rise in share prices after achieving a long-term targeted goal of sub-10 nanometre (nm) feature size fabrication for its biochip device components. Click here Dundas Minerals Ltd (ASX:DUN) has appointed Topdrive Drillers Australia to conduct drilling programs at the company’s Central target and Matilda South prospect in Western Australia. Click here DomaCom Australia Ltd (ASX:DCL) achieved many milestones during the 2022 financial year as the company continued to create innovative product offerings using its unique fractional investing platform. Click here Kingfisher Mining Ltd (ASX:KFM) has surged...

Investments in Renewable Power Rental Solutions by Key Players to Intensify Competition Pune, India, Aug. 30, 2022 (GLOBE NEWSWIRE) — The global power rental market size is projected to reach USD 16.70 billion by 2028, exhibiting a CAGR of 7.9% during the forecast period. Increasing investments in renewables will create incredible opportunities for rental power providers, predicts Fortune Business Insights™ in its report, titled “Power Rental Market, 2021-2028”. The report states, the global market value stood at USD 8.85 billion in 2020 and USD 9.78 billion in 2021 respectively. Fortune Business Insights presented this information in recently published “Global Power Rental Market Forecast 2021-2028 Report”. Key Industry Development:October 2020: Aggreko announced the availability of its 1 MW solar power rental solution, optimized...

Growing Digitalization and Digital Payment Solutions to Propel Growth of Global Mobility as a Service Market Industry Pune, India, Aug. 30, 2022 (GLOBE NEWSWIRE) — According to Fortune Business Insights, the global mobility as a service market size is projected to hit USD 774.93 billion by 2029 and exhibit a CAGR of 18.5% during the forecast period. The market size stood at USD 187.31 billion in 2021 and USD 236.42 billion in 2022. European countries to reduce CO2 emissions by 2035, to make Europe first Automotive Emission free continent in world, such factors boosting the mobility as a service market size in Europe. Increasing trend of digital payment to augment adoption of service. Industry DevelopmentFebruary 2022: Uber proclaimed the development of its offering to involve a B2B service called “Uber Bus for Business” as a...