Published Date: Mar 4, 2024
As the prevalence of diabetes continues to escalate globally, the insulin pump market expands with the need and understanding of precise and personalized treatment solutions. According to the International Diabetes Federation (IDF), approximately 537 million people were living with diabetes in 2021, and this number is expected to soar to 783 million by 2045.
Insulin pumps play a crucial role in the armamentarium against diabetes, offer…
Published Date: Mar 4, 2024
For decision makers in the sustainable packaging market, it is crucial to recognize the critical role that eco-friendly materials, food packaging, and emerging trends play in shaping the future of packaging solutions. By aligning with sustainability principles, businesses can not only meet consumer demands for environmentally responsible products but also contribute to the preservation of our planet for future generations.
With heighte…
Published Date: Mar 4, 2024
Influenza, commonly known as the flu, brings substantial health and economic burden every year in the United States and worldwide. According to the Centers for Disease Control and Prevention (CDC), the flu has resulted in 9-45 million illnesses, and 12,000-61,000 deaths annually in the U.S. since 2010. The total economic cost of influenza is estimated to be $11.2 billion per year in the country alone.
With effective vaccination coverag…
Published Date: Jan 29, 2024
With a higher focus on sustainable living in modern architecture, the building automation systems (BAS) industry stands as a beacon of innovation. These systems can reshape the way we design and manage spaces to deliver smart, energy-efficient, and user-friendly solutions. Integrating various technologies to automate and control essential building functions creates an ecosystem that provides improved sustainability and occupant comfort.
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Published Date: Jan 23, 2024
In the dynamic automotive sector, consistent growth of the electric vehicle (EV) charging industry has become increasingly evident. Consumers and businesses alike are recognizing the imperative shift toward sustainable and eco-friendly transportation alternatives. As such, it is necessary to explore the intersection of technological developments, environmental consciousness, and the evolving demands of a world embracing the future of electric mob…
Published Date: Jun 14, 2023
As the world seeks sustainable and energy-efficient solutions for heating and cooling, the heat pump market is experiencing a significant surge. According to the EIA, close to 18 million households across the United States used heat pumps for space heating in 2020, indicating a nearly 50% increase over 2015.
Governments and regulatory bodies around the globe are implementing initiatives to promote the adoption of heat pumps, recognizin…
Published Date: Jan 30, 2023
The expanse of the food and beverages market has grown dramatically, especially over the last decade. This industry has witnessed substantial motion with innovation in processes, products, and services to keep pace with the rapidly changing consumer preferences.
However, this multi-billion-dollar business vertical while showing a commendable growth pace is also facing various obstacles. While some of the challenges have been persistent…
Published Date: Feb 15, 2022
With successful vaccination drives slowly making the dreaded COVID-19 a thing of the past, nations worldwide have started putting more efforts towards recovering from the economic slump it created. In addition to the devastating toll, it took on global health, the pandemic also severely razed several of the world’s industries. However, it proved particularly destructive for markets such as F&B, automotive, electronics, and aviation, amo…
Published Date: Oct 25, 2021
The aviation industry is one of the many sectors that constitute an important element towards global economic development. It supports the rise in connectivity between cities and countries to enable the flow of goods, people, capital, and technology. With this, it is certain that the airline sector plays a fundamental role in society, but it also has its own fair share of challenges. From the COVID-19 pandemic, which remains one of the worst cris…
Published Date: Aug 17, 2022
While self-driving technology is still in its developmental stages, the autonomous market has seen a rise in the presence of manufacturers. The surging popularity of automation has paved the way for technological advancements. Burgeoning government and consumer interest have also proved lucrative for product penetration.
In recent years, industry leaders have been leveraging several trends to get ahead in the market. For example, with …
Published Date: Aug 17, 2022
Powered by the proliferation of T&D networks, digital substation market has recorded substantial gains in the recent years. Amid the growing urbanization, the performance demand from electricity networks is higher than ever before. Power generation is becoming progressively dynamic, with renewable technologies and distributed sources coming online at a robust pace.
With the growing number of power sources also comes the frequent oc…
Published Date: Aug 17, 2022
The last decade has witnessed an influx of new, innovative products in the earphones & headphones market in the light of evolving consumer needs. Alongside, there are some trends that have been influencing the industry drastically in recent years. One such trend is the burgeoning climate consciousness, which has prompted extensive efforts by key manufacturers to mitigate the carbon footprint of their operations.
Now that climate ch…
Published Date: Aug 10, 2022
The shift towards electric mobility has become more prominent in the past few years. Electric ships – just like electric cars and scooters – are about to transform the shipping industry by drastically cutting carbon emissions and clearing the way for significant climate progress.
Maritime transport, which is said to be the backbone of international trade and the global economy, is estimated to offer prolific growth opp…
Published Date: Jul 29, 2022
The prevalent focus of consumers on boosting their energy savings has created a lucrative environment for the growth of spray polyurethane foam market, particularly with the burgeoning demand for electricity in residential settings. Additionally, technological advancements have given buyers access to more need-specific products that meet their requirements, which has further boosted product penetration in recent years.
Insulation in ho…
Published Date: Jul 27, 2022
The COVID-19 outbreak and aftermath have pushed manufacturers in the plastic compounding market to step up and meet critical demands, especially in the medical milieu. Compounding Solutions, a leader in plastic compounding for medical applications, recently collaborated with OEMs to address the burgeoning demand for high-quality compounds and polymers required in devices used for the prevention and treatment of coronavirus infection. Such industr…
Published Date: Jul 26, 2022
With the expanding global population, there has been an upsurge in food demand, creating massive growth potential for the algae protein market. The many documented benefits of sufficient protein intake in the daily diet, as well as emerging dietary trends in the wake of climate consciousness, have enhanced consumer interest in alternative proteins, such as plant-based protein.
Algal protein, a novel protein supplement, has a soy protei…
Published Date: Jul 26, 2022
The growth of the mung bean protein market is primarily driven by the booming alternative proteins sector. Mung bean protein has been known to give excellent nutrition when consumed as part of a balanced diet. These protein-dense beans contain numerous essential amino acids that are beneficial for health, which has boosted consumer interest in the market across key regions.
Recently, there has been an upsurge in interest in plant-based…
Published Date: Jul 26, 2022
DS Smith, a prominent company in the molded pulp packaging market, initiated its Now and Next sustainability strategy in September 2020 to support its objectives to transition to a circular economy. Simultaneously, the company aimed to offer more circular solutions to consumers and society at large, eliminating carbon from supply chains, and replacing problem plastics. The initiative is a significant reminder of the fact that since the onset of t…
Published Date: Jul 12, 2022
Cosmetics preservative industry has sustained a positive outlook with incessant consumption of skin care products and essential oils, as well as improved customer reach. Cosmetics have become a vital part of modern-day lifestyle and well-being as they not only improve a person’s physical appearance but also boost self-esteem, confidence, and the overall mood.
Ranging from fragrances, antiperspirants, make-up and shampoos, to soap…
Published Date: Jul 12, 2022
Over the past few years, cannabidiol (CBD)-based products have been rigorously adopted by consumers in developed countries for treating umpteen medical conditions. From beauty & health to pet products, CBD has helped enhance the effectiveness and outcomes of some treatment regimens, advocating an improved quality of life for patients.
The market for CBD is indeed promising as it is being touted to address some unique ailments. Stud…
Published Date: Jul 12, 2022
The bronchoscopy market has been receiving significant growth impetus in recent times, driven by the rising occurrences of lung-related diseases, such as chronic obstructive pulmonary disease (COPD). In addition, notable technological advancements in the sector have been improving product outlook in key regions worldwide. Increasing investments by industry leaders towards advancing the field of robotic bronchoscopy have also been favorable for ma…
Published Date: Jun 30, 2022
Mounting emphasis on manufacturing lightweight vehicles has been a vital factor fueling the growth of the polymer nanocomposites market. The extensive scope of application of the material across several industries has boosted consumer interest in the product substantially. Robust demand for sustainable solutions across the automotive and packaging industries, in addition, is positively influencing business growth.
There are some obstac…
Published Date: Jun 27, 2022
There is no denying that the Coronavirus outbreak led to a widespread digitalization of numerous industry verticals. With the lockdowns resulting in a massive spike in online shopping, digital banking market observed significant momentum. As cash utilization has been diminishing rapidly, the development of advanced payment services has led to rapid digitalization of the overall banking process.
These technological marvels have allowed …
Published Date: Jun 27, 2022
The introduction of aggressive climate objectives by global economies and growing prospects for reducing carbon emissions are driving the growth of the district heating market. District heating systems are deemed to be a critical part of the decarbonizing heating sector as they enable for easy integration of clean and flexible energy sources into the overall energy mix.
The ever-increasing population has augmented the demand for infras…
Published Date: Jun 27, 2022
The solar PV module market so far has seen commendable growth, with numerous milestones having been achieved in terms of the number of installations, cost reductions, and technological breakthroughs. It is worth noting that reducing carbon dioxide emissions is currently the focal point of global efforts toward shifting to cleaner forms of energy. This factor, coupled with mounting concerns regarding climate change as well as the impact of air pol…
Published Date: Jun 24, 2022
The progress of the industrial hemp market is mainly fueled by the increasing legalization of hemp-based products in numerous regions across the globe. The recent surge in awareness pertaining to the benefits associated with cannabidiol (CBD)-based products, along with the mounting availability of hemp-derived consumer products, has driven consumer interest substantially. Furthermore, prevalent product adoption across varied industry verticals ha…
Published Date: Jun 24, 2022
Increased emphasis on animal nutrition has been supplementing the growth of the feed phytogenics market. The expanding global population, coupled with increased health consciousness among consumers, has created significant product demand supported by growing consumer inclination toward emerging fad diets. Burgeoning demand for meat and dairy products has also played a crucial role in fostering the need for feed phytogenics.
…
Published Date: Jun 23, 2022
The increasing construction activities across the globe have proven to be a major factor pushing the growth of the sandblasting media market. Technological advancements in products, along with the growing need for sandblasting in the automotive and metalworking sectors, are positively influencing this business. Additionally, the availability of a broad range of media is extending the application scope of the technology in varied industries.
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Published Date: Jun 23, 2022
Growing climate consciousness among consumers has been playing a crucial role in the growth of the dairy alternatives market. With the increasing prevalence of lactose intolerance and food allergies, the uptake of dairy alternatives products in key regions has substantially surged.
In recent years, consumers have been opting for dairy-free alternatives over dairy products for several reasons, particularly for their health b…
Published Date: Jun 21, 2022
The global 2-phenylethanol market has been experiencing massive growth in recent years on account of mounting demand for cosmetics and personal care products. With the rising disposable incomes of consumers, the demand for personal care and pharma products has depicted a massive uptake, leading to major companies making a foray into these industries. Say, for example, Tata Consumer Products Ltd (TCPL) recently came up with a highly ambitious expa…