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Day: April 13, 2023

IDEX Biometrics payment card solution reaches certification milestone with Mastercard

Oslo, Norway – 13 April 2023 – IDEX Biometrics has achieved an important certification milestone by successfully passing Mastercard’s Fingerprint Test Assessment Summary (FTAS) for its latest generation biometric sensor. This sensor is a core element of the IDEX Biometrics complete payment card solution, which also includes Infineon’s SLC38 secure element and IDEX Biometrics proprietary card operating system.  FTAS is a significant milestone in a comprehensive certification process and ensures biometric performance, latency and required security specifications are met. This Mastercard certification represents a critical step in a comprehensive certification process and confirms that the industry leading IDEX Biometrics payment card solution is ready for commercialization. IDEX Biometrics currently has agreements with 10+ card manufacturers...

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With 16.77% CAGR, Urban Air Mobility Market to Worth USD 8.91 Billion by 2028

The urban air mobility market size was USD 2.90 billion in 2020 and is projected to grow from USD 3.01 billion 2021 to USD 8.91 billion in 2028 at a CAGR of 16.77% during the 2021-2028 period. Pune, India, April 13, 2023 (GLOBE NEWSWIRE) — The global urban air mobility market size was USD 2.90 billion in 2020 and is projected to grow from USD 3.01 billion 2021 to USD 8.91 billion in 2028 at a CAGR of 16.77% during the 2021-2028 period. This vital information is presented by Fortune Business Insights™, in its report titled, “Urban Air Mobility Market, 2021-2028.” Factors such as increasing urbanization and degrading traffic conditions will boost the market during the forecast period. Also, rising demand for creating a faster, cleaner, safer, and interconnected transportation will fuel the growth of the market. UAM refers...

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Welding Consumables Market to Reach USD 16.7 Billion By 2029 | Welding Consumables Industry Analysis Report

The Welding Consumables Market to Grow at CAGR of 4.1% During 2022-2029; Smart Material Use in Welding Sector to Boost Progress Pune, India, April 13, 2023 (GLOBE NEWSWIRE) — The global welding consumables market size was valued at USD 12.2 billion in 2021. As per the report, the market is projected to grow from USD 12.6 billion in 2022 to USD 16.7 billion by 2029, exhibiting a CAGR of 4.1% during the forecast period. This information is provided by Fortune Business Insights, in its report titled, “Welding Consumables Market, 2022-2029.” Key Industry Development: June 2021: Lincoln Electric presented the novel Torchmate 4400 and 4800 CNC Plasma Cutting Tables deployed with dependable and sturdy table mechanics as well as easy CNC software. Request a Free Sample of Report:  https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/welding-consumables-market-101598 COVID-19...

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With a 4.66% CAGR, Crop Protection Chemicals Market to Worth USD 81.74 Billion by 2028

Key company covered in crop protection chemicals market are Bayer CropScience (Leverkusen, Germany), Syngenta AG (Basel, Switzerland), BASF (Ludwigshafen, Germany), Corteva, Inc. (Delaware, U.S.), FMC Corporation (Pennsylvania, U.S.), ChemChina (Beijing, China), Sumitomo Chemicals (Tokyo, Japan), UPL Ltd. (Mumbai, India), Nufarm (Melbourne, Australia), Rotam CropScience Ltd (Hong Kong, China) and many more. Pune, India, April 13, 2023 (GLOBE NEWSWIRE) — The global crop protection chemicals market size is projected to reach USD 81.74 billion by 2028, exhibiting a CAGR of 4.66% during the forecast period. The increasing pesticide resistance among new crop pests is expected to be one of the main factors driving the adoption of these chemicals, according to Fortune Business Insights™ in its recent report titled, “Crop Protection...

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Interim report for Q3 2022/23: Bang & Olufsen: Q3 highly impacted by COVID-19 in China

The company had a revenue decline of 18% (-20% in local currencies) in the third quarter of its financial year 2022/23. This was primarily due to lower-than-expected sales in China, which adversely affected performance. Revenue declined 65% in China and led to an adjusted outlook for FY 22/23, announced on 17 March 2023. China’s change in COVID-19 policy in December led to a surge of COVID-19 infections across the country, negatively impacting consumer behaviour and demand throughout the quarter. In addition, the global macroeconomic uncertainty continued and many of the company’s retail partners showed cautiousness in their inventory replenishment, especially in EMEA. Despite headwinds, Bang & Olufsen made good progress with its strategic priorities in the quarter. The company’s own stores outperformed other channels across all three...

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Fluorosurfactant Market to Hit USD 892.91 Million by 2029 | With a CAGR 4.6%

Key Companies covered in fluorosurfactant market are 3M (U.S.) The Chemours Company (U.S.) DIC CORPORATION (Japan) Chemguard (U.S.) OMNOVA Solutions Inc. (U.S.) DYNAX (U.S.) AGC SEIMI CHEMICAL CO., LTD. (Japan) Maflon SpA (Italy) Shijiazhuang City Horizon Chemical Industry Co., Ltd. (China) Innovative Chemical Technologies (U.S.) and more players profiled. Pune, India, April 13, 2023 (GLOBE NEWSWIRE) — The global fluorosurfactant market size was valued at USD 653.91 million in 2022 and is projected to grow from USD 622.39 million in 2023 to USD 892.91 million by 2029, exhibiting a CAGR of 4.6% during the forecast period. Special surfactants known as fluorosurfactants have fluorine atoms built into their molecular structure. Due to their low surface tension and great heat stability, these surfactants have been employed to make...

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With a 9.2% CAGR, Drip Irrigation Market to Hit $9.37 Bn by 2026 | Fortune Business Insights™

Key companies covered in drip irrigation market are Lindsay Corporation, Jain Irrigation Systems Ltd., Rivulis Irrigation Ltd., Rain Bird Corporation, Sistema Azud, Netafim Limited, The Toro Company, Elgo Irrigation Ltd., Chinadrip Irrigation Equipment Co. Ltd., Metzer Group, Antelco Pty Ltd. and more players profiled. Pune, India, April 13, 2023 (GLOBE NEWSWIRE) — The global drip irrigation market size is projected to reach USD 9.37 billion by the end of 2026. The increasing number of farming activities will bode well for the market in the coming years. According to a report published by Fortune Business Insights, titled “Drip Irrigation Market Size, Share & Industry Analysis, By Component (Emitters, Drip Tubes/Drip Lines, Pressure Pumps, Filters, Valves, and Others), Crop Type (Field Crops, Orchard Crops, Landscape &...

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Direct Reduced Iron Market to Hit USD 57.57 Billion by 2029 | With a 9.0% CAGR

Key Companies covered in the direct reduced iron market are Qatar Steel (Qatar), Kobe Steel Ltd (Japan), ArcelorMittal (Luxembourg), NUCOR (U.S.), Midrex Technologies Inc. (U.S.), Khouzestan Steel Company (Khuzestan), Welspun Group (India), Jindal Shadeed Iron & Steel LLC (Oman), AM/NS India (India), Tosyali Algeria A.S. (Algeria) and more players profiled. Pune, India, April 13, 2023 (GLOBE NEWSWIRE) — The global Direct Reduced Iron Market size was valued at USD 29.80 billion in 2021 and is expected to reach from USD 31.49 billion in 2022 to USD 57.57 billion by 2029 with a CAGR of 9.0% during the forecast period. Direct Reduced Iron (DRI) is an iron ore that is used for removing the oxygen from its ore or ferrous substances. Increasing usage of DRI in steelmaking is projected to aid market development. Fortune Business Insights™...

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Prospera Energy Announces 1st Closing of Debt Financing for 2023 Capital Development Program

Not for distribution in the United States CALGARY, Alberta, April 13, 2023 (GLOBE NEWSWIRE) — Prospera Energy Inc. PEI: TSX-V; OF6A: FRA, OTC: GXRFF Prospera Energy announces the first closing of CDN $3.015 million non-brokered private placement financing of debt with an equity bonus to fund its 2023 phase 2 capital program that entails SK HZ and AB directional drilling, LMR plan to reduce ARO & environmental footprint and upgrade infrastructure to accommodate planned growth. The financing is subject to approval by the TSX Venture Exchange. Debt Term SheetIssuer: Prospera Energy Inc. (“Prospera” or the “Corporation”).Issue: Non-brokered offering (the “Offering“) of units (“Units“). Each Unit consists of (I) one-thousand common shares of the Corporation (issued at closing); and (ii) one 8% 2-year...

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Concrete Blocks and Bricks Market to Hit $566.41 Billion by 2029 | with a CAGR 6.3%

Key Companies covered in the are concrete blocks and bricks market are Interstate Bricks (U.S.), Wallnett AAC Bricks Pvt. Ltd. (India), UltraTech Cement (India), CEMEX S.A.B. de C.V. (Mexico), LCC Siporex (Saudi Arabia), Midwest Block and Brick (U.S.), Magicrete Building Solutions (India), Monaprecast (U.K.), Midland Concrete Products (U.S.), Brickworks Limited (Australia) and many more players profiled. Pune,India, April 13, 2023 (GLOBE NEWSWIRE) — The global concrete blocks and bricks market size was valued at USD 350.8 billion in 2021 and is projected to grow from USD 369.66 billion in 2022 to USD 566.41 billion by 2029 at a CAGR of 6.3% during 2022-2029. The product has seen a fall during the COVID-19 pandemic due to lower-than-expected demand. Concrete blocks and bricks are used in commercial, residential, and industrial...

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