Year: 2023

Rapid development in robotic technology is a key factor driving Spine Robotics market revenue growth Vancouver, Dec. 20, 2023 (GLOBE NEWSWIRE) — The global spine robotics market size was USD 163 Million in 2022 and is expected to register a steady revenue CAGR of 12.60% during the forecast period, according to latest analysis by Emergen Research. Technological advancements in robotic and surgical technologies and rising prevalence of spinal disorders are major factors driving market revenue growth. The use of robotic guidance technology during spinal neurosurgery is known as robotic spine surgery, which is often referred to as robot-assisted spine surgery. Robots are capable of doing repetitive jobs for almost limitless lengths of time without experiencing performance degradation, which lowers the likelihood of errors brought on...

Rising consumer interest for natural or organic ingredients for cosmetics is one of the major factors driving bio-based cosmetics market revenue growth Vancouver, Dec. 20, 2023 (GLOBE NEWSWIRE) — The global bio-based cosmetics market size was USD 4.95 Billion in 2022 and is expected to register a revenue CAGR of 6.0% during the forecast period, according to the latest analysis by Emergen Research. Rising consumer interests for natural or organic ingredients for cosmetics, increasing research & development activities for formulation of natural cosmetics, and growing market trend for probiotic-based skin care products are some of the major factors driving revenue growth of the bio-based cosmetics market. In an industry that is increasingly concerned with protecting skin from pollution and protecting environment, vitamins, plant...

Rising focus on environmental concerns is a key factor driving Polyhydroxyalkanoate (PHA) Market revenue growth Vancouver, Dec. 20, 2023 (GLOBE NEWSWIRE) — The global Polyhydroxyalkanoate (PHA) market size was USD 81.0 Million in 2022 and is expected to register a rapid revenue CAGR of 15.9% during the forecast period, according to latest analysis by Emergen Research. Rising focus on environmental concerns is a key factor driving market revenue growth. Polyhydroxyalkonates (PHA) are biodegradable plastics synthesized by microbial fermentation of glucose or sugar. PHA has been used in the fixation and orthopedic applications, tissue engineering, production of bioplastic, food services, in packaging, pharmaceutical, and agriculture industries. The global production of biodegradable plastics offers significant opportunities by utilizing...

Increasing adoption of electric vehicles is a major factor driving global Electric Vehicle (EV) motor controller market revenue growth Vancouver, Dec. 20, 2023 (GLOBE NEWSWIRE) — The global Electric Vehicle (EV) motor controller market size is expected to reach USD 17.76 Billion in 2032 and register a revenue CAGR of 16.0% during the forecast period, according to the latest analysis by Emergen Research. Technological advancements, such as Axial Flux Motors, can be attributed to steady market revenue growth. The Axial flux motor is a crucial new motor type that is gaining traction in the electric car market. Axial flux motors offer several benefits in EV design over their radial flux equivalents. Magnetic flux in an axial flux motor is parallel to the axis of rotation as opposed to perpendicular in radial flux machines. Axial flux...

Rising development of industry-specific product development is one of the major factors driving Fluoroelastomers (FKM) market revenue growth Vancouver, Dec. 20, 2023 (GLOBE NEWSWIRE) — The global Fluoroelastomer (FKM) market size was USD 1862.45 Million in 2032 and is expected to register a steady revenue CAGR of 2.5% during the forecast period, according to latest analysis by Emergen Research. Increasing development of industry-specific product development is a key factor driving market revenue growth. FKM, a fluorocarbon-based rubber, is a special type of synthetic rubber. It which possesses the property of wide chemical resistance and very good performance at high temperature. This rubber is used for molding the products such as O-rings, shaft seals, manifold gaskets, firewall seals, gaskets, valve stem seals, diaphragms, and...

Rapid advancements in e-mobility and telecommunications is one of the major factors driving Thermally Conductive Plastics market revenue growth Vancouver, Dec. 20, 2023 (GLOBE NEWSWIRE) — The global thermally conductive plastics market size was USD 121.0 Million in 2022 and is expected to register a steady revenue CAGR of 16.3% during the forecast period, according to latest analysis by Emergen Research. Increasing use of thermally conductive plastics in the Oil & Gas (O&G) industry is a major factor driving market revenue growth. Thermally conductive polymers are widely utilized in production and everyday life due to their flexibility, lightweight, excellent chemical stability, and low cost., which can replace metals, traditional plastics, and ceramics for heat-sensitive applications. The introduction of silica into...

Increasing advantages of green coatings in the construction industry is one of the major factors driving Green Coating market revenue growth Vancouver, Dec. 20, 2023 (GLOBE NEWSWIRE) — The global green coating market size was USD 203.27 Billion in 2032 and is expected to register a steady revenue CAGR of 4.9% during the forecast period, according to latest analysis by Emergen Research. Increasing use of green coating in the O&G industry is a major factor driving market revenue growth. Fine silica grades play a crucial role in the cementing of oil wells. The introduction of silica into cement mixture modifies silica-to-calcium ratio, enhancing the cement’s stability while preserving its permeability and physical strength, even when subjected to high temperatures of up to 110°C. Grounded silica is particularly utilized...

Rising demand for high-performance computing is one of the major factors driving Data Center Cooling Market revenue growth Vancouver, Dec. 20, 2023 (GLOBE NEWSWIRE) — The global data center cooling market size was USD 11.40 Billion in 2022 and is expected to register a steady revenue CAGR of 9.8% during the forecast period, according to latest analysis by Emergen Research. Technological advancements in data center cooling systems is the primary factor driving market revenue growth. Cooling is a standard part of data center operations as servers constantly run 24/7, which increases the core temperature, which, if not controlled, can lead to a data center outage. Direct-to-Chip (D2C) cooling is a more contemporary liquid cooling approach that uses tubes to feed liquid coolant to a chip. The coolant absorbs and transfers heat from...

Rising demand for train travel and expenditure on rail infrastructure is a key factor driving Rail Seat Market revenue growth. Vancouver, Dec. 20, 2023 (GLOBE NEWSWIRE) — The global rail seat market size was USD Billion 1.37 in 2022 and is expected to register a steady revenue CAGR of 2.5% during the forecast period, according to latest analysis by Emergen Research. Increasing focus on comfort and safety of the passengers is a key factor driving market revenue growth. The railway industry continues to play an important role within the economic development of various countries across the globe, because railways is the most effective mode of transportation. Rail seats are the most vital part of rail interiors, as these provide the passengers comfort & safety while traveling. As population is increasing and demand for faster,...