Month: September 2023
North America Rail Infrastructure Market to Surge Substantially; Rising Adoption of IoT and Artificial Intelligence in Railway Infrastructure to Propel Market Growth
Pune, India., Sept. 18, 2023 (GLOBE NEWSWIRE) — The North America rail infrastructure market size was valued at USD 114.31 billion in 2021. The market is expected to grow from USD 119.43 billion in 2022 to USD 162.72 billion by 2029, exhibiting a CAGR of 4.52% during the forecast period. Rapid globalization and increasing IoT and Artificial Intelligence (AI) adoption are expected to foster this industry’s growth. Fortune Business Insights™ provides this information in its report titled “North America Rail Infrastructure Market, 2022-2029.”
Drivers & Restraints-
Robust High-speed Rail Links and Existing Line Expansions to Propel Market Progress
Rail infrastructure...
American Battery Materials, Inc. Confirms Commitment to $120 Million Merger
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Company Responds to NASDAQ Delisting Warning Letter to Merger Partner
GREENWICH, Conn., Sept. 18, 2023 (GLOBE NEWSWIRE) — American Battery Materials, Inc. (OTC Pink: BLTH) (“ABM”, the “Company”), an environmentally responsible minerals exploration and development company focused on direct lithium extraction (DLE) and other critical minerals for the global energy transition, today reaffirmed its commitment to moving forward with the proposed merger with Seaport Global Acquisition II Corp. (NASDAQ: SGII) (“SGII”).
David Graber, ABM’s Chairman and Co-Chief Executive Officer, commented, “We are aware that our merger partner, Seaport Global, received a delisting warning letter from NASDAQ. We believe this is not an unusual event for a SPAC which has extended its time frame to close an acquisition. Seaport extended its time frame back...
Truck Rental Market Size [2023-2030] Worth USD 200.34 Billion | Exhibiting a CAGR of 7.0%
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Global Truck Rental Market to Reach USD 200.34 Billion by 2030; Rapid E-commerce Growth Fuels Demand for Short-Term Truck Rentals Propelling Market Growth: Fortune Business Insights™
Pune, India., Sept. 18, 2023 (GLOBE NEWSWIRE) — The global truck rental market size was valued at USD 117.51 billion in 2022. The market is anticipated to grow from USD 125.09 billion in 2023 to USD 200.34 billion by 2030, exhibiting a CAGR of 7.0% during the forecast period. Fortune Business Insights presents this information in their report titled “Truck Rental Market, 2023–2030.”
The rapid growth of e-commerce has increased the demand for efficient transportation, leading to a need for short-term truck-rentals that offer flexibility and cost-efficiency. Truck-rentals are especially beneficial for construction projects requiring...
Golden Star Acquisition Corporation Announces Entering into a Merger Agreement with Gamehaus Inc.
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NEW YORK, Sept. 18, 2023 (GLOBE NEWSWIRE) — Golden Star Acquisition Corporation (NASDAQ: GODN) (“Golden Star”), a publicly-traded special purpose acquisition company, and Gamehaus Inc. (“Gamehaus”), a mobile game publishing company, announced that they had entered into a definitive Business Combination Agreement (the “Merger Agreement”) for a business combination (the “Business Combination”). As contemplated by the Merger Agreement, Gamehaus will operate through a publicly-traded holding company listed on the Nasdaq Stock Market.
Gamehaus is a technology-driven mobile game publishing company dedicated to nurturing partnerships with and amplifying the success of small- and medium-sized game developers. Gamehaus helps small- and medium-sized game developers stay competitive in the global gaming market with data-driven commercialization...
Europe Biogas Plant Market Size [2023-2028] | Industry Growth, Share, And Trends Forecast Analysis Report
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The Europe Biogas Plant Market to Witness Remarkable Growth During 2023 to 2028; Factors Such as Eco-Friendly Nature and Clean Source of Energy to Aid Growth: Fortune Business Insights
Pune, India, Sept. 18, 2023 (GLOBE NEWSWIRE) — The Europe biogas plant market size is projected to grow from USD 1.87 billion 2021 to USD 3.47 billion in 2028 at a CAGR of 9.2% during the 2021-2028 period. This vital information is presented by Fortune Business Insights™, in its report, titled, “Europe Biogas Plant Market, 2021-2028.” Factors such as increasing adoption of biogas in the European region as a renewable source of energy and less impact on the government will lead to an increased footprint of the market during the forecast period.
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Europe...
Lead Acid Battery Market Size to Surpass USD 65.18 Billion by 2030 | Flooded Batteries to Emerge Prominent Owing to Expanding Telecom & Automotive Sectors
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According to Fortune Business Insights, the global Lead Acid Battery market size is projected to grow from USD 43.43 Billion in 2022 to USD 65.18 Billion in 2030, at CAGR of 5.2% during forecast period.
Pune, India, Sept. 18, 2023 (GLOBE NEWSWIRE) — The global lead acid battery market size was valued at USD 43.43 billion in 2022. The market is anticipated to surge from USD 45.84 billion in 2023 to USD 65.18 billion by 2030, exhibiting a CAGR of 5.2% over the estimated period. The expansion is due to the growing product demand driven by the increasing demand for energy storage devices. Fortune Business Insights™ provides this information in its research report, titled “Lead Acid Battery Market, 2023-2030”.
Key Industry Development:
December 2021 – GS Yuasa Corporation’s subsidiary Tata AutoComp GY Batteries Limited planned...
Automotive Heaters Market Size Worth USD 14.30 Billion, Globally, by 2030 at a CAGR of 5.7%
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The Global Automotive Heaters Market Size to Record 5.7% CAGR over 2023-2030; Denso Corporation Created Electrification Components for Toyota bZ4X and Subaru SOLTERRA
Pune, India, Sept. 18, 2023 (GLOBE NEWSWIRE) — The global automotive heaters market size was valued at USD 9.36 billion in 2022 and is expected to be worth USD 9.69 billion in 2023. The market is projected to reach USD 14.30 billion by 2030, recording a CAGR of 5.7% during the forecast period.
Automotive heaters are a system or components that offer warmth to a vehicle’s interiors and regulate its temperature during cold climate conditions. They also play an important role in improving a vehicle’s safety by offering defogging features to provide drivers with a better view of the road ahead and enhance their driving experience. These factors are expected to fuel the...
Air Filters Market Size to Surpass USD 25.69 billion by 2030 | Growing Imports to Propel Natural Stone Countertop Demand
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According to Fortune Business Insights, the global Air Filters Market size is projected to grow from USD 14.68 billion in 2022 to USD 25.69 billion in 2030 at CAGR of 7.3% during forecast period
Pune, india, Sept. 18, 2023 (GLOBE NEWSWIRE) — According to Fortune Business Insights, the global Air Filters Market size was valued at USD 14.68 billion in 2022. The market is anticipated to grow from USD 15.69 billion in 2023 to USD 25.69 billion by 2030, exhibiting a CAGR of 7.3% over the estimated period. The expansion is being driven by the rising formulation of customer-driven marketing strategies by key market players. Fortune Business Insights™ provides this information in its research report, titled “Air Filters Market, Forecast 2023-2030”.
Industry Development:
December 2021 – Camfil USA, Inc. announced the plan to...
77% of Employers Plan to Increase Investment in Virtual Health Care, says Teladoc Health’s 2023 Virtual Care Transformation Index
Written by Customer Service on . Posted in Public Companies.
Findings from annual study also reinforce the value of whole-person care, equitable access and a balanced approach to GLP-1s & weight management for employers
PURCHASE, NY, Sept. 18, 2023 (GLOBE NEWSWIRE) — In new research released today by Teladoc Health (NYSE: TDOC), the global leader in whole-person virtual care, U.S. employers with 2,500 or more employees reported a 21% increase in the implementation of additional virtual care offerings over the past 18 months, with 77% stating they plan to increase their investment in virtual care over the next three years.
The findings are part of the company’s second annual Virtual Care Transformation Index, a survey of more than 300 human resource decision makers that highlights the perception, adoption and advancement of whole-person virtual healthcare in benefits programs.
“For employers,...
Smart Share Global Limited Announces Extension of Share Repurchase Program and Changes to Management Team
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SHANGHAI, China, Sept. 18, 2023 (GLOBE NEWSWIRE) — Smart Share Global Limited (“Energy Monster” or the “Company”), a consumer tech company providing mobile device charging service, today announced the extension of its share repurchase program and changes to management team.
EXTENSION OF SHARE REPURCHASE PROGRAM The Company’s board of directors (the “Board”) authorized a further 12-month extension to its existing share repurchase program (the “Share Repurchase Program”) through September 27, 2024. The Share Repurchase Program was originally approved by the Board on September 28, 2021, under which the Company may repurchase up to US$50.0 million of its shares (including in the form of ADSs) through September 27, 2022. On September 28, 2022, the Company announced that the Share Repurchase Program was extended through September 27,...
