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Showing posts from March, 2023

Near Field Communication Market Scope, Competitive Landscape and Business Opportunities by 2032

 The global Near-Field Communication (NFC) market size is expected to reach USD 87.53 Billion in 2032 and register a steady revenue CAGR of 14.2% during the forecast period, according to the latest analysis by Emergen Research. Increasing adoption of wearable technology is a major factor driving revenue growth of the market. Activity trackers in the sporting goods sector as well as companies that provide high-end fashion accessories are driving expansion of wearable technology. Near Field Communication (NFC) and wireless charging technology are rapidly being incorporated with built-in connectivity technologies such as Wi-Fi and Bluetooth in wristbands. NFC is used to make contactless payments utilizing EMVCo-compatible technology. Undoubtedly, it is convenient to be able to make purchases without having to take out one's wallet or to go for a run without having to bring a phone or wallet. Wearables are increasingly using wireless charging. These devices batteries need to be often r

Textile Testing Market Drivers, PESTELE Analysis and Business Opportunities by 2032

 The global textile testing market size is expected to reach USD 12,698.01 Million in 2032 and register a steady revenue CAGR of 4.6% during the forecast period, according to the latest analysis by Emergen Research. Technological innovations in the textile sector can be attributed to the steady revenue growth of the textile testing market. There are various types of technological innovations in the textile industry. For instance, geotextiles are fabrics that are used to cover the ground or a floor. These textiles are still used to build buildings, bridges, dams, and monuments, which extends their lifespan. Another example is cool fabrics, Adidas technical materials aid in preserving the normal body temperature of 37 degrees C. Examples of labels that serve this purpose include Clima 365, Climaproof, and Climalite. Elextex is an all-fabric touch sensor made of a lamination of five layers of conducting and insulating textiles (1 cm2 or 1 mm2). It can be folded, stitched, and cleaned and

Polyvinyl Alcohol Market Scope, Competitive Landscape and Business Opportunities by 2032

 The global Polyvinyl Alcohol (PVA) market size reached USD 998.21 million in 2022 and is expected to register a revenue CAGR of 6.2% during the forecast period, according to latest analysis by Emergen Research. Rising demand for PVA in the packaging industry is a major factor contributing to revenue growth of the market. Polyvinyl Alcohol (PVA) has high strength, transparency, and water-solubility which make it suitable for use in various packaging applications such as food packaging, medical pharmaceutical packaging, and eco-friendly packaging. Many Fast-Moving Consumer Goods (FMCG) companies are significantly procuring Polyvinyl Alcohol (PVA) for packaging food and beverage products. Consumer awareness regarding sustainable product packaging further accelerates revenue growth of the market. In April 2022, Shiseido, a Japanese multinational cosmetics firm, adopted environmentally friendly and sustainable product packaging for consumers. Shiseido has used Polyvinyl Alcohol (PVA), star

Sensor Market Share, Revenue and Industry Analysis Report by 2032

 The global sensor market size is expected to reach USD 523.26 Billion in 2032 and register a steady revenue CAGR of 8.9% during the forecast period, according to latest analysis by Emergen Research. Advancement in sensors and their increasing usage in smartphones and other electronic devices is a major factor driving market revenue growth. Development of smart devices has made it possible for designers and engineers to incorporate various sensors, processors, and memories in compact electronic devices. Sensors are included to increase these devices usability and raise the standard of user experience by gathering and analyzing data. It is possible to interpret sensor data using various methods to infer hidden information with Big Data and Machine Learning (ML). Users, creators, and designers of these devices can find retrieved information, which is useful for improving management, operation, and development of these devices. However, this information could be utilized to jeopardize hum

Smart Tissue Autonomous Robot Market Scope, Competitive Landscape and Business Opportunities by 2032

 A team of researchers from Johns Hopkins University developed the Smart Tissue Autonomous Robot (STAR), which can effectively conduct a laparoscopic treatment without the aid of a human surgeon. One such case, which represents a significant development in robotics towards completely automated surgery for humans, has previously been tested on soft tissue of a pig. When executing intestinal anastomosis, which requires a great deal of repetition and accuracy, the robot did remarkably well. The connecting of two ends of an intestine together, which necessitates exceedingly exact and reliable suturing, is arguably the trickiest aspect of gastrointestinal surgery. The slightest hand tremor or improperly placed stitch could result in a leak that would be fatal for the patient. The market has been substantially affected by the pandemic, and changes can be seen in the market dynamics and demand trends. Therefore, the report broadly assesses the comprehensive impact of the pandemic on the over

Medical Robots Market Scope, Competitive Landscape and Business Opportunities by 2032

 The global medical robots market size is expected to reach USD 36.84 Billion in 2032 and register a steady revenue CAGR of 16.5% during the forecast period, according to the latest analysis by Emergen Research. Medical robot market revenue growth is expected to be driven by rising robotic surgical applications during the forecast period. Patients can get complex treatments with reduced recovery time owing to robotic surgery. Even in difficult-to-reach places, it employs sophisticated technologies to give exact care. Robotic surgery is used to treat diseases of the bladder, prostate, heart, digestive system, and more, thus leading to more application areas of medical robots and increasing its market revenue growth. The COVID-19 impact assessment included in this report makes it highly distinctive from other market reports of the same category. Researchers have drawn a major focus on the significant impact of the COVID-19 pandemic on the Medical Robots market. This section depicts the

FRP Vessels Market Scope, Competitive Landscape and Business Opportunities by 2027

 The global FRP vessels market is projected to be valued at USD 5,538.8 Million by 2027, according to a current analysis by Emergen Research. FRP (fiber-reinforced plastic) vessels are witnessing increasing demand from the automotive industry. FRP vessels are used for fuel storage in passenger cars and commercial vehicles. These vessels are constructed in one piece, without any welded seams, which helps in decreasing splitting in the event of a crash. Besides, FRP composites do not corrode, which increases durability of FRP vessels. Furthermore, increasing demand for natural gas vehicles (NGVs) worldwide is significantly driving the demand for FRP vessels in the automotive sector. The market has been substantially affected by the pandemic, and changes can be seen in the market dynamics and demand trends. Therefore, the report broadly assesses the comprehensive impact of the pandemic on the overall growth of the FRP Vessels market, besides offering a future COVID-19 impact assessment.