Day: November 13, 2023

The higher emphasis on the incorporation of the multi-rotor VTOL drones in military bodies and extensive rise in investment in the defense & homeland security & intelligence bodies are the major factors influencing the market growth Vancouver, Nov. 13, 2023 (GLOBE NEWSWIRE) — The Global Multi-Rotor Drone Market is forecasted to be worth USD 21.84 billion by 2032, according to a current analysis by Emergen Research. The market is remarkably being driven by the factors such as increasing adoption of the drones or UAVs, capable of carrying higher capacity of payloads and increasing usage of multi-rotor drones in monitoring, spying, command controlling & aerial video filming. A higher investment in the military bodies & defense intelligence sectors, and technological development in the camera & battery systems...

Increased demand for industrial packaging from chemical and construction industries is a major factor driving market revenue growth Vancouver, Nov. 13, 2023 (GLOBE NEWSWIRE) — The global Road Safety Market will be worth USD 8.96 Billion by 2032, according to a current analysis by Emergen Research. The growth of this market can be attributed to the rapid urbanization and the growth in the urban population. The rising adoption of vehicles and increase in mobility is driving road safety solutions. Adoption of intelligent transport systems in order to deliver sustainably enhanced and smart mobility solutions is most likely to boost the development of road safety solutions. The increasing technological advancements in the transportation sector, such as new speed camera systems, smart traffic light control systems, Automatic Number Plate...

Neodymium is a versatile rare earth element with powerful magnetic properties, crucial for various high-tech applications Vancouver, Nov. 13, 2023 (GLOBE NEWSWIRE) — The global neodymium market size was USD 2.83 Billion in 2022 and is expected to register a rapid revenue CAGR of 12.3% during the forecast period. In 2022, the market was valued at USD 2.83 billion, and it’s set to experience significant expansion. Key Drivers of Growth: Electric Vehicles (EVs): The increasing popularity of EVs is a major driver for the neodymium market. Neodymium is crucial in producing high-strength permanent magnets used in EV components, contributing to their efficiency and performance. Renewable Energy: The expansion of the renewable energy sector, particularly in wind power, relies on neodymium magnets in the production of wind turbines,...

Micronutrients Market to Witness Rapid Growth, Fueled by Demand from Agriculture and Food Industries Vancouver, Nov. 13, 2023 (GLOBE NEWSWIRE) — The global micronutrients market size was USD 4.60 Billion in 2022 and is expected to register a rapid revenue CAGR of 8.7% during the forecast period. The market, valued at USD 4.60 billion in 2022, is being driven by rising demand from the Food & Beverage (F&B) sector, adoption of micronutrients in agriculture for organic and precise farming, and increased government regulations related to agriculture and food quality standards. Micronutrients are essential vitamins and minerals required in small quantities for the proper functioning of the human body, supporting functions such as energy production and immune health. These micronutrients are categorized based on their solubility,...

Chronic diseases, technological advancements, and regional insights contribute to market growth. Get the full research report for detailed insights. Vancouver, Nov. 13, 2023 (GLOBE NEWSWIRE) — The global pharmaceutical injectables market size was USD 698.97 Billion in 2022 and is expected to register a rapid revenue CAGR of 11.6% during the forecast period. Key factors fueling this growth include the increasing demand for biologics and self-injectable, substantial pharmaceutical expenditure, and a slew of new product launches in the pharmaceutical injectable sector. These injectable drugs, known for their efficiency in drug absorption and quick recovery times, are gaining popularity as the healthcare industry focuses on enhancing patient outcomes. The rising prevalence of chronic diseases, including cardiovascular diseases, diabetes,...

Hydrogen Peroxide Market Sees Rapid Growth with a 4.2% CAGR Forecast Vancouver, Nov. 13, 2023 (GLOBE NEWSWIRE) — The global Hydrogen Peroxide (H2O2) market size was USD 3.40 Billion in 2022 and is expected to register a rapid revenue CAGR of 4.2% during the forecast period. The increasing adoption of H2O2 in various applications, including fuel cells, energy storage, paper and pulp production, and surface disinfectants, is driving this growth. Hydrogen Peroxide (H2O2) is a versatile chemical compound that exists as a pale blue liquid in its pure form and is commonly used in diluted solutions for consumer applications. It serves as an oxidizer, bleach, and disinfectant. In industrial settings, more concentrated forms of H2O2 are used, making it indispensable in high-tech industries and specialized applications such as healthcare,...

Knitted Fabric Market Continues to Expand, fueled by Rising Demand and Innovations Vanocuver, Nov. 13, 2023 (GLOBE NEWSWIRE) — The global knitted fabric market size was USD 27.16 Billion in 2022 and is expected to register a revenue CAGR of 4.7% during the forecast period. The market’s upward trajectory can be attributed to several key factors, including increasing demand from the garment industry, technological advancements, growing global imports and exports, and a rising need for technical textiles in sectors like automotive, healthcare, and construction. Knitted fabrics, distinguished by their versatility, comfort, durability, and sustainability, have found applications across various industries, including clothing, civil engineering, automotive, aerospace, construction, agriculture, medical, and more. The surge in popularity...