Day: December 5, 2022

Global wind turbine foundation market size was valued at USD 7.1 billion in 2021, and it is expected to reach a value of USD 15.79 billion by 2028, at a CAGR of 12.10% over the forecast period (2022–2028). Westford, USA, Dec. 05, 2022 (GLOBE NEWSWIRE) — As the demand for renewable energy increases, so does the demand for wind turbine foundations market. As of August 2022, global wind power generation capacity is pegged at 743 GW. In the US alone, over 70,800 wind turbines exist across 44 states. As per SkyQuest’s study to meet the global demand for energy, more than 1.49 million wind turbines with 4 MW capacity would be needed to meet the global energy need in the global wind turbine foundation market. The average cost of establishing a wind farm has decreased by 30% over the past decade. The global average price of electricity...

Companies covered in the Aerospace 3D Printing Market are 3D Systems, Stratasys, Materialise, EOS GmbH, General Electric Company, CleanGreen3D, Ultimaker BV, Proto Labs, Inc., Relativity Space, The ExOne Company, Voxeljet AG, Velo 3D, SLM Solutions Group AG, EnvisionTEC and more players profiled. Pune, India, Dec. 05, 2022 (GLOBE NEWSWIRE) — The global aerospace 3D printing market size stood at USD 2.66 billion in 2021. The market is anticipated to rise from USD 2.94 billion in 2022 to USD 8.35 billion in 2029, at a 16.07% CAGR during the forecasted period. Fortune Business Insights™ has deep-dived these inputs in its latest research report, titled, “Aerospace 3D Printing Market, 2022-2029.” According to the study, surging demand for low-weight components will drive innovations across emerging and advanced economies. For...

Global silicon metal market was valued at USD 7.51 billion in 2021, and it is expected to reach a value of USD 10.92 billion by 2028, at a CAGR of 5.5% over the forecast period (2022–2028). Westford, USA, Dec. 05, 2022 (GLOBE NEWSWIRE) — A new report from the SkyQuest provides a detailed analysis of global silicon metal market, including production, consumption, trade, and prices. The report notes that silicon is a key ingredient in many industries, including electronics, solar energy, and transportation. The report finds that production of silicon has increased rapidly in recent years, driven by growth in demand from China. However, the Chinese government has recently placed restrictions on silicon production, leading to concerns about future supply. Consumption of silicon has also been growing steadily, led by increases in demand...

Companies covered in drone services market are Aerodyne Group (Malaysia), AgEagle Aerial Systems Inc. (U.S.), Cyberhawk (U.K.), DroneDeploy (U.S.), Matternet (U.S.), PrecisionHawk (U.S.), Phoenix Drone Services LLC (U.S.), SenseFly (Switzerland), Sky Futures Ltd (U.K.), Terra Drone (Japan) and more players profiled. Pune, India, Dec. 05, 2022 (GLOBE NEWSWIRE) — The global drone services market size was valued at $9.56 billion in 2021. The market is expected to grow from $13.48 billion in 2022 to $232.8 billion by 2029, exhibiting a CAGR of 42.78% during the forecast period. The rising adoption of commercial drones in various industries and the implementation of drones for the development of delivery models are expected to elevate this industry’s growth. Fortune Business Insights™ provides this information in its report titled...

Global automotive engine oil market was valued at USD 35.7 billion in 2021, and it is expected to reach a value of USD 44.51 billion by 2028, at a CAGR of 3.20% over the forecast period (2022-2028). Westford, USA, Dec. 05, 2022 (GLOBE NEWSWIRE) — The automotive industry is growing rapidly and with it, the demand for automotive engine oil market. As the world’s population continues to grow and more people gain access to motor vehicles, the demand for engine oil will only continue to increase. Currently, over 1.4 billion vehicles are running on the road. Out of which, over 93% are required with engine oil. This is good news for companies that produce this product, as they are sure to see a healthy return on their investment. The automotive engine oil market is a complex and ever-changing landscape. To better understand the...

– Transactions create a precision genetic medicine company focused on neuromuscular and cardiac diseases, led by industry veteran Bo Cumbo – – Company to leverage synergies and key assets, including product candidates for Duchenne muscular dystrophy, Friedreich’s ataxia, BAG3 mediated dilated cardiomyopathy and other undisclosed cardiac diseases, novel capsid libraries, and personnel – – Combined company has approximately $215 million in cash and investments, which is expected to fund operations into 2025 and support attainment of key milestones for lead gene therapy programs – CHARLESTOWN, Mass., Dec. 05, 2022 (GLOBE NEWSWIRE) — Solid Biosciences Inc. (Nasdaq: SLDB), a life sciences company focused on advancing meaningful therapies for Duchenne muscular dystrophy (Duchenne), today announced...

Transformative acquisition will double the size of the company with minimal leverage and no dilution to shareholders OMAHA, NE, Dec. 05, 2022 (GLOBE NEWSWIRE) — FitLife Brands, Inc. (“FitLife” or the “Company”) (OTCPK: FTLF), a provider of innovative and proprietary nutritional supplements for health-conscious consumers, announced that it has entered into definitive documentation to acquire all of the issued and outstanding common shares of Mimi’s Rock Corp. (“Mimi’s Rock” or “MRC”) (TSXV: MIMI, OTCQB: MIMNF), subject to customary closing conditions. Highlights of the transaction, which is expected to close in February, 2023, are as follows:The transaction, which has been unanimously approved by the boards of directors of both companies, is expected to approximately double the size of the Company to more than $60 million annual...