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Day: February 1, 2024

Vallourec expects full year 2023 results to exceed its prior outlook

Press release Vallourec expects full year 2023 results to exceed its prior outlook Estimated figures indicate full year 2023 EBITDA will exceed €1,190 million and net debt will be below €580 million Meudon (France), 1 February 2024 – Vallourec, a world leader in premium tubular solutions, announces today that it expects full year 2023 results to exceed management’s prior outlook. As part of Vallourec’s Q3 2023 financial communication, Vallourec provided its full year 2023 outlook as follows:Full year 2023 EBITDA was expected to range between €1,075 million and €1,175 million Total cash generation was expected to be positive in the fourth quarter 2023, excluding any potential benefit of asset sales Net debt was expected to decline further versus the third quarter 2023 level of €741 million, excluding any potential benefit of asset salesThough...

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Special Mission Aircraft Market Size Worth USD 23.98 Billion in 2032 | Emergen Research

Rising demand for special mission aircraft for aerial intelligence and surveillance and increasing use of Unmanned Aerial Vehicles (UAVs) in military operations are major factors driving Special Mission Aircraft Market revenue growth Vancouver, Feb. 01, 2024 (GLOBE NEWSWIRE) — The global special mission aircraft market size was USD 15.09 Billion in 2022 and is expected to register a rapid revenue CAGR of 6.7% during the forecast period. Rising demand for special mission aircraft for aerial intelligence and surveillance and increasing use of Unmanned Aerial Vehicles (UAVs) in military operations are major factors driving market revenue growth. Military and law enforcement organizations are extensively utilizing special mission aircraft for intricate military operations, encompassing electronic intelligence (ELINT), gathering, detection...

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Central Fill Pharmacy Automation Market Size Worth USD 1,520.43 Million in 2032 | Emergen Research

increasing focus on automation by major companies to reduce labor costs are major factors driving the central fill pharmacy automation market revenue growth Vancouver, Feb. 01, 2024 (GLOBE NEWSWIRE) — The global central fill pharmacy automation market size was USD 523 Million in 2022 and is expected to register a revenue CAGR of 11.20% during the forecast period. Increasing specialty drug dispensing, growing need to minimize medication errors, and increasing focus on automation by major companies to reduce labor costs are major factors driving the central fill pharmacy automation market revenue growth. Expansion of the global central fill pharmacy automation market revenue growth is expected to be driven by rising demand for specialty medicine dispensing from central fill pharmacies. Specialty drugs have revolutionized medicine...

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Digital Human Avatar Services Market Size Worth USD 109.81 Billion in 2032 | Emergen Research

Customer-centric companies are investing efforts and integrating innovations to provide more emotionally engaging experiences for customers, which is a key factor driving Digital Human Avatar Services market revenue growth Vancouver, Feb. 01, 2024 (GLOBE NEWSWIRE) — The global digital human avatar services market size was USD 4.40 Billion in 2022 and is expected to register a rapid revenue CAGR of 37.9% during the forecast period. Customer-centric companies are investing efforts and integrating innovations to provide more emotionally engaging experiences for customers, which is a key factor driving market revenue growth. The incorporation of conversational intelligence into a virtual human avatar allows for scaled interaction between a human and the avatar, enabling a more personalized approach to understanding a customer’s...

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Automated Test Equipment Market Size Worth USD 11.29 Billion in 2032 | Emergen Research

Increasing usage of Automated Test Equipment reduces manufacturing time and cost, which is a key factor driving automated test equipment (ATE) market revenue growth Vancouver, Feb. 01, 2024 (GLOBE NEWSWIRE) — The global Automated Test Equipment (ATE) market size was USD 7.10 Billion in 2022 and is expected to register a rapid revenue CAGR of 4.8% during the forecast period. Increasing usage of Automated Test Equipment reduces manufacturing time and cost, which is a key factor driving market revenue growth. When testing is automated, the time necessary to test each particular product becomes constant, resulting in shorter individual test times. Automated Test Equipment is a computerized machinery that uses test instruments to perform and assess the results of functionality, performance, quality, and stress, tests on electronic devices...

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Marine Diesel Exhaust Fluid Market Size Worth USD 22.12 Billion in 2032 | Emergen Research

Technological advancements in Marine Diesel Exhaust Fluid, such as Selective Catalytic Reduction (SCR) systems, and rising demand for Diesel Engine Exhaust (DEF) treatment fluid in end-use industries, are key factors driving Marine Diesel Exhaust Fluid (MDEF) market revenue growth Vancouver, Feb. 01, 2024 (GLOBE NEWSWIRE) — The global Marine Diesel Exhaust Fluid (MDEF) market size was USD 10.20 Billion in 2022 and is expected to register a rapid revenue CAGR of 8.0% during the forecast period. Technological advancements in Marine Diesel Exhaust Fluid, such as Selective Catalytic Reduction (SCR) systems, and rising demand for Diesel Engine Exhaust (DEF) treatment fluid in end-use industries, including marine, automotive and aerospace, are key factors driving market revenue growth. Selective Catalytic Reduction (SCR) unit for a marine...

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Shower Heads Market Size Worth USD 17.58 Billion in 2032 | Emergen Research

Rising demand for luxury shower heads across the globe and increasing adoption of accessories that help inefficient water management and aids in water conservation are major factors driving market revenue growth Vancouver, Feb. 01, 2024 (GLOBE NEWSWIRE) — The global shower head market size was USD 7.74 Billion in 2022 and is expected to register a rapid revenue CAGR of 8.5% during the forecast period. Rising demand for luxury shower heads across the globe and increasing adoption of accessories that help inefficient water management and aids in water conservation are major factors driving market revenue growth. Bathroom remodeling is popular as it increases the value and comfort of a property. Construction of new residential and commercial properties requires installation of bathroom products including shower heads. Demand for high-quality...

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Eye Tracking Market Size Worth USD 13,241.1 Million in 2032 | Emergen Research

Increasing usage of smart sensors in various industries, growing adoption of Artificial Intelligence (AI), Virtual Reality (VR) & Augmented Reality (AR ) and rising demand for eye tracking from commercial spaces are some of the major factors driving revenue growth of the eye tracking market Vancouver, Feb. 01, 2024 (GLOBE NEWSWIRE) — The global eye tracking market size was USD 802.6 Million in 2022 and is expected to register a revenue CAGR of 32.5% during the forecast period. Increasing usage of smart sensors in various industries, growing adoption of Artificial Intelligence (AI), Virtual Reality (VR) & Augmented Reality (AR), increasing adoption of contactless biometrics, and rising demand for eye tracking from commercial spaces are some of the major factors driving revenue growth of the eye tracking market. Eye tracking...

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Electric Metals (USA) Limited Announces Appointment of Chief Executive Officer

TORONTO, Feb. 01, 2024 (GLOBE NEWSWIRE) — Electric Metals (USA) Limited (“EML” or the “Company”) (TSXV: EML) (OTCQB: EMUSF) is delighted to announce the appointment of Mr. Brian Savage to the position of President and Chief Executive Officer, effective today. Mr. Savage replaces Mr. Gary Lewis who has resigned all positions with the Company. The Board thanks Mr. Lewis for his service to the Company and wishes him well in his future endeavours. The main goal for Mr. Savage is to further the evaluation and advancement of the Emily Manganese Project in Central Minnesota and to transition the project from a resource to an operating mine and high purity manganese processing plant. Mr. Savage is eminently suited to this role. An American citizen and resident of Colorado, he holds an MSc in Mineral Economics and a BSc in Mining Engineering...

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Building Information Modeling Market Set to Soar Past USD 17.59 Billion by 2030 | Skyquest Technology

Building Information Modeling (BIM) Market: Explore the industry’s growth, with applications spanning oil and gas, power generation, chemical processing, automotive, construction, and more. Materials include fiberglass, mineral wool, polyurethane foam, cellulose, and others. Westford, USA, Feb. 01, 2024 (GLOBE NEWSWIRE) — The global Building Information Modeling market size is expected to reach USD 17.59 billion by 2030 and exhibit a CAGR of 12.8% in the forecast period (2023−2030), according to Skyquest’s latest research report. The growing demand for efficient project management and cost control in the construction and infrastructure sectors. BIM enables real-time collaboration among project stakeholders, streamlining workflows, reducing errors, and improving project outcomes is fueling the market’s growth. According...

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