Day: December 19, 2023

Canadian gold AmsecoCanadian Gold’s ProjectsNot for distribution to United States newswire services or for release publication, distribution or dissemination directly, or indirectly, in whole or in part, in or into the United States. MONTREAL, Dec. 19, 2023 (GLOBE NEWSWIRE) — AMSECO EXPLORATION LTD. (TSX-V: AEL.H) (“Amseco”), a mineral exploration company listed on the NEX board of the TSX Venture Exchange (the “Exchange”), is pleased to announce that it has entered into a binding letter of intent (the “Letter of Intent”) dated December 18, 2023 with Canadian Gold Resources Ltd. (“Canadian Gold”) in respect of a proposed business combination (the “Proposed Transaction”). It is anticipated that the Proposed Transaction will constitute a “Reverse Takeover” of Amseco in accordance with Policy 5.2 – Changes of Business...

Rapid technological advancements and increasing use of vehicle towing trailers are major factors driving Intelligent Trailer market revenue growth Vancouver, Dec. 19, 2023 (GLOBE NEWSWIRE) — The global intelligent trailer market size was USD 22.02 Billion in 2022 and is expected to register a steady revenue CAGR of 3.7% during the forecast period, according to latest analysis by Emergen Research. Increasing focus on environmental sustainability and autonomous vehicle development is a key factor driving market revenue growth. Intelligent trailer is an advanced technology that has various features such as Global Positioning System (GPS) tracking, anti-theft, record trailer health, and others.  The advancement of autonomous vehicles is closely related to intelligent trailer systems. As autonomous trucks become more prevalent, need...

Digitization of power utilities is a major factor driving revenue growth of the smart transformers market Vancouver, Dec. 19, 2023 (GLOBE NEWSWIRE) — The global smart transformers market size was USD 2.34 Billion in 2022 and is expected to register a revenue CAGR of 10.2% during the forecast period, according to the latest analysis by Emergen Research. Integration of the Internet of Things (IoT) technology is a major factor driving market revenue growth. One emerging trend in the smart transformers market is increasing integration of Internet of Things (IoT) technology with these transformers. Smart transformers are equipped with sensors and communication capabilities that enable real-time monitoring, data collection, and remote control. IoT connectivity allows for advanced analytics and predictive maintenance, improving reliability...

Increasing use of Internet of Things (IoT) technology is a key factor driving Cellular Modem market revenue growth Vancouver, Dec. 19, 2023 (GLOBE NEWSWIRE) — The global cellular modem market size was USD 1.82 Billion in 2022 and is expected to register a steady revenue CAGR of 17.7% during the forecast period, according to latest analysis by Emergen Research. Increasing use of Internet of Things (IoT) technology is the key factor driving market revenue growth. Cellular modems are used to modulate analogue signal, such as phone signals, and send them via cellular networks.  Cellular modems play a crucial role in providing the necessary connectivity as the number of IoT devices continues to increase across various industries and applications. IoT devices require reliable and ubiquitous connectivity to transmit data and communicate...

Rising demand for reliable and continuous power supply is a major factor driving Surge Arrester market revenue growth Vancouver, Dec. 19, 2023 (GLOBE NEWSWIRE) — The global surge arrester market size was USD 1.66 Billion in 2022 and is expected to register a steady revenue CAGR of 4.7% during the forecast period, according to latest analysis by Emergen Research. Smart grid integration of energy sources into existing electrical grids is a key factor driving market revenue growth. Surge arresters are critical components in Transmission & Distribution (T&D) networks to protect electrical equipment, which are used in substations, transmission lines, and other electrical network components. The development of a smart grid relies on modern digital communication technologies. Through these technologies, the power grid can establish...

Growing preference to adopt sustainable and eco-friendly packaging solutions is a major factor driving corrugated packaging market revenue growth Vancouver, Dec. 19, 2023 (GLOBE NEWSWIRE) — The global corrugated packaging market size was USD 70.81 Billion in 2022 and is expected to register a revenue CAGR of 3.9% during the forecast period, according to latest analysis by Emergen Research. Rising preference for using sustainable and eco-friendly packaging solutions and changing lifestyle trends is expected to drive market revenue growth. Corrugated packaging firms frequently use developing technologies such as Artificial Intelligence (AI) and Machine Learning (ML). AI can envision a package created by an algorithm that is perfect for a certain product. Businesses can increase profitability by reducing labor costs and enhancing...

Increasing prevalence of cardiovascular and biliary diseases is a major factor driving Peripheral Vascular and Biliary Stents Market revenue growth Vancouver, Dec. 19, 2023 (GLOBE NEWSWIRE) — The global peripheral vascular and biliary stents market size is expected to reach USD 7,405.9 Million in 2032 and register a revenue CAGR of 6.0% during the forecast period, according to the latest analysis by Emergen Research. Rising prevalence of cardiovascular and biliary diseases is one of the major factors driving the peripheral vascular and biliary stents market revenue growth. An estimated 8,000 individuals across the U.S. are diagnosed with bile duct cancer each year. A person with intrahepatic bile duct cancer is frequently identified at age 70. To avoid rising prevalence of biliary illnesses, biliary stents are becoming increasingly...

Innovations and advent of novel technologies, increasing medical applications of fermentation technology and increasing Research & Development (R&D) activities in tissue culture and cell engineering are key factors driving Biotechnology market revenue growth Vancouver, Dec. 19, 2023 (GLOBE NEWSWIRE) — The global biotechnology market, valued at USD 5.01 Trillion in 2032, is set to experience a rapid revenue compound annual growth rate (CAGR) of 13.8% during the forecast period. Key drivers include groundbreaking innovations, the emergence of novel technologies, and a surge in Research & Development (R&D) activities, particularly in tissue culture and cell engineering. Biotechnology, spanning fields such as biochemistry, genetics, and molecular biology, utilizes biological systems to create products. Notably,...

Presence of various standards and regulations in the railway industry is a key factor driving Track Geometry Measurement System market revenue growth Vancouver, Dec. 19, 2023 (GLOBE NEWSWIRE) — The global Track Geometry Measurement System (TGMS) market size is expected to reach USD 5.85 Billion in 2032 and register a steady revenue CAGR of 6.0% during the forecast period, according to latest analysis by Emergen Research. Increasing number of metro lines and high speed railway lines is a key factor driving market revenue growth. TGMS is a set of technologies and tools used to measure various aspects of railroad track geometry. This includes track gauge, alignment, cross-level, curvature, and other parameters critical to safe and efficient train operations.  Currently, 11,693 km of high-speed lines are under development in China...

Stringent government regulations due to security concerns is a major factor driving global X-ray inspection system market revenue growth Vancouver, Dec. 19, 2023 (GLOBE NEWSWIRE) — The global X-ray inspection system market size is expected to reach USD 1,512.4 Million in 2032 and register a revenue CAGR of 6.5% during the forecast period, according to the latest analysis by Emergen Research. Demand from both developed and developing economies can be attributed to steady market revenue growth. Hence, an increasing number of key market players are launching new products to meet this demand. OMRON Corporation, for example, announced the development of a new VT-X750-V3 system, the world’s fastest Computed Tomography (CT)-type X-ray inspection system to date, which can be accessible globally. To meet rising demand for Fifth-Generation...