Year: 2023

The growth of Smart Glass Market is attributed to the growing demand for smart glass in automobile sector and declining prices of electrochemical materials Vancouver, Dec. 04, 2023 (GLOBE NEWSWIRE) — The global Smart Glass Market is projected to reach USD 26.65 billion by 2032, according to a recent report by Emergen Research. Renewed confidence of consumers within the economy coupled with greater spending boosted the sales of light-and heavy-duty vehicles. The demand for automotive glass is driven by several factors. The replacement volume of glasses is likely to grow with rise in the total vehicle population and kilometers driven. Severe weather and road conditions can also boost the demand for automotive glass repair and replacement. However, buyers tend to defer from fixing minor injury to a windscreen till a vehicle is held...

Increasing need to enhance landscape health and reduce water wastage and enhance efficiency of farming are some of the key factors driving Smart Irrigation market revenue growth Vancouver, Dec. 04, 2023 (GLOBE NEWSWIRE) — The global smart irrigation market size reached USD 1,476.3 Million in 2021 and is expected to register a revenue CAGR of 15.2% during the forecast period. Increasing need for smart notifications in case of abnormalities in irrigation process and remote access to real-time data are some key factors expected to drive market revenue growth. Water management is required to reduce water wastage so as to avoid water shortage in the future. Improper watering methods lead to water wastage through evaporation, wind, and runoff. Smart irrigation systems are designed to reduce the amount of water used in outdoor irrigation...

Rising incidence of cancer is one of the most significant factors influencing the brachytherapy market growth. Vancouver, Dec. 04, 2023 (GLOBE NEWSWIRE) — The global brachytherapy market is projected to be worth USD 670.92 Million by 2032, according to a current analysis by Emergen Research. The brachytherapy market is experiencing an increased demand attributed to its growing application in the treatment of cancer. Cancer has a significant impact on global society. According to the statistics published by the National Cancer Institute, about 1,806,590 new cancer cases will be diagnosed in the US in 2020 and will account for the death of 606,520 individuals. In 2020, prostate, colorectal, and lung cancers will be responsible for a projected 43.0% diagnosed cases in men. On the other hand, breast, colorectal, and lung cancer are...

A surge in urbanization, an increasing number of cyberattacks, and the emergence of technologies such as machine learning and artificial intelligence is driving the Voice Biometrics Market demand Vancouver, Dec. 04, 2023 (GLOBE NEWSWIRE) — The global Voice Biometrics Market is forecasted to be worth USD 14.13 Billion by 2032, according to a new report by Emergen Research. The market is witnessing high demand owing to the rise in advancement in software and hardware. Rapid urbanization and adoption of digital technology in industries like Telecommunications and IT, BFSI, Government, and Defense will drive the demand for the voice biometric. The proliferation of digital devices in everyday activities has created a need for advanced protection solutions. Some of the commonly used biometric technology are radio networks, mobile phones...

The growing demand for renewable sources of energy and increasing consumption of hydrogen in the transportation sector are driving the demand of the power to gas market. Vancouver, Dec. 04, 2023 (GLOBE NEWSWIRE) — The global Power to Gas Market will be worth USD 111.00 Million by 2032, according to a current analysis by Emergen Research. The growth of this market can be attributed to the increasing demand for electricity owing to rapid urbanization. Both the transportation and industrial sector has increasingly adopted renewable sources of energy. Moreover, the increasing preferences of the industrial segment towards cleaner sources of energy in order to reduce their dependency on fossil fuel-based power generation and be more energy efficient in the future is expected to drive the demand of the system over the forecast period. The...

The promising growth of the Food Ingredients market is driven by the higher expansion in the processed foods and ready-to-serve foods market and the increasing demand from developing economies Vancouver, Dec. 04, 2023 (GLOBE NEWSWIRE) — The Food Ingredients Market is forecasted to be worth USD 140.62 billion by 2032, according to a new report by Emergen Research. The key factors influencing the market include increasing adoption of the convenience foods, higher demand for the natural food ingredients, and a tremendous surge in demand for ready-to-eat food products. Higher consumer preference for the extended nutritious value, rising requirement for the cold-storage foods, the higher proliferation of the ready-made packaged & ready-to-serve foods, foods with lower calorific values & dietary foods, and cheaper alternatives...

VANCOUVER, British Columbia, Dec. 04, 2023 (GLOBE NEWSWIRE) — X1 Entertainment Group Inc. (CSE:XONE; OTCQX: XOEEF; FSE: QN9) (“X1” or the “Company”) is pleased to announce that the Company has entered into a non-binding letter of intent dated December 1, 2023 (the “LOI”) with SKRR Exploration Inc. (“SKRR”) which sets out the terms of a proposed transaction (the “Proposed Transaction”) whereby the Company will acquire a 100% legal and beneficial interest in certain mining claims located in Manitoba known as the Manson Bay Project (the “Property”). Proposed Transaction Terms Pursuant to the terms and conditions of the LOI, as consideration for the acquisition of the Project the Company will issue 1,000,000 common shares to SKRR at an issue price of $0.055, or such higher price as may be required by the policies of the Canadian Securities...

MIAMI, Dec. 04, 2023 (GLOBE NEWSWIRE) — Vision Sensing Acquisition Corp. (NASDAQ: VSACU, VSAC, VSACW) (the “Company”), a special purpose acquisition company, announced today that on November 30, 2023, its sponsor, Vision Sensing, LLC, deposited $60,000 into the Company’s trust account, which is the sum that the Company must pay to extend the date by which the Company must consummate its initial business combination from December 3, 2023, to January 3, 2024 (the “Extension”). The Company has issued to its sponsor a non-interest bearing, unsecured promissory note in the principal amount of $60,000 as consideration for the funding. This is the second of up to six one-month extensions that the Company is authorized to obtain under its amended and restated certificate of incorporation as recently amended on October 25, 2023. The Extension...

Acquisition is Expected to Add an Estimated $20 Million of Revenue on a Pro Forma Basis and Provide Significantly Enhanced Manufacturing Capabilities MIAMI, Dec. 04, 2023 (GLOBE NEWSWIRE) — Smart for Life, Inc. (Nasdaq: SMFL) (“Smart for Life” or the “Company”), a high growth global leader in the Health & Wellness sector marketing and manufacturing nutritional foods and supplements worldwide, today announced that it has executed a Letter of Intent (LOI) to acquire a state-of-the-art manufacturer of vitamins and supplements, which is expected to add an estimated $20 million of revenue on a pro forma basis over the next year. “We are pleased to announce this latest LOI as part of our M&A strategy in the nutraceutical space,” said A.J. Cervantes, Jr., the Company’s Chairman. “This transaction will be our largest acquisition...