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Month: February 2024

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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Industrial Insulation Market Set to Soar Past USD 13.16 Billion by 2030

The global Industrial Insulation market size is expected to reach USD 13.16 billion by 2030 and exhibit a CAGR of 5.8% in the forecast period (2023−2030), according to Skyquest’s latest research report. The increasing emphasis on energy efficiency in industrial processes which drives the demand for insulation materials to reduce heat loss and energy consumption. Stricter environmental regulations and sustainability goals are prompting industries to adopt insulation solutions that minimize greenhouse gas emissions and reduce carbon footprint, fueling the market’s growth. Westford, USA, Feb. 01, 2024 (GLOBE NEWSWIRE) — According to SkyQuest’s latest global research of the Industrial Insulation market, increasing adoption of advanced insulation materials and technologies, such as aerogels and vacuum insulation panels,...

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Hexagon Purus ASA – Settlement of bond issue completed

Reference is made to the announcement by Hexagon Purus ASA (the “Company”) of 20 December 2023 concerning the completion of the issue of convertible bonds with gross proceeds of approximately NOK 1,000 million (the “Bond Issue”). The Bond Issue was approved by the Company’s Extraordinary General Meeting on 11 January 2024. Settlement of the Bond Issue has now been completed and bonds have been issued to the subscribers. As communicated in the 20 December 2023 announcement, the Board of Directors has resolved to include Nicole Vermeulen, Chief Industrial Officer at Hy24, nominated by Clean Hydrogen Equipment Fund SLP, (Hy24), as an observer to the Board of Directors. For further information: Salman Alam, CFO, Hexagon Purus Telephone: +47 476 12 713 | salman.alam@hexagonpurus.com (mailto:salman.alam@hexagonpurus.com)...

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Form 8.3 – Network International Holdings

FORM 8.3 PUBLIC DISCLOSURE/DEALING DISCLOSURE BY A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE Rule 8.3 of the Takeover Code (the “Code”) 1.        KEY INFORMATION(a)        Full name of discloser: P. Schoenfeld Asset Management LLP(b)        Owner or controller of interests and short positions disclosed, if different from 1(a):         The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named.  (c)        Name of offeror/offeree in relation to whose relevant securities this form relates:         Use a separate form for each offeror/offeree Network international Holdings PLC(d)        If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree:  (e)        Date position...

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Silo Pharma Announces Pipeline Prioritization for 2024 Targeting Mental Health, Chronic Pain, and Neurology

Preparing Pre-Investigational New Drug Application for lead drug program SPC-15 Company plans to pursue FDA streamlined 505(b)(2) pathway for clinical drug development SARASOTA, FL, Feb. 01, 2024 (GLOBE NEWSWIRE) — Silo Pharma, Inc. (Nasdaq: SILO) (“Silo” or the “Company”), a developmental stage biopharmaceutical company focused on developing novel formulations and drug delivery systems for traditional therapeutics and psychedelic treatments, today announced updates for its strategic 2024 focus for its clinical pipeline. The Company is advancing a diversified portfolio of four drugs targeting three health areas: mental health, chronic pain, and neurology. “This year we are prioritizing clinical development of our post-traumatic stress disorder (PTSD) therapeutic, SPC-15, in collaboration with Columbia University, and we plan to...

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