New Product Development
The market for traction batteries is rapidly growing. A traction battery or electric vehicle battery is a battery that is used to power the battery electric vehicle. Vehicle batteries are rechargeable in nature. Traction battery relates to all the batteries used to power electric vehicles. The rising application of these batteries in different form of vehicles including …
Continue reading “Traction Batteries Market is Estimated to Surpass US$ 72 Bn by 2032”
The Patient Health Management market was valued US$ 23.8 Bn in 2020, and would grow by more than 12.3% CAGR. Patient health management is nothing but analysis and collection of patient’s data from different information technology resources. Patient health management helps in segmenting the patients based on disease and monitors the condition of patient. It helps …
Globally, large quantities of fossil fuels are consumed for a variety of industrial processes such as those in steel industries, cement industries and in power generation. Combustion of fossil fuels at such a large scale results in emission of carbon dioxide and other greenhouse gases in to the atmosphere. Ever increasing amount of these gases …
Hydraulic fracturing, also known as fracking, is a process that has been used by gas companies since the 1940s. The process involves injecting sand, chemicals, and water into a well under carefully controlled conditions to crack or fracture solid rocks and release trapped gas deposits. The development of hydraulic fracturing technology has led to the …
The mining industry is expected to witness growth with a single digit CAGR over the next six years on account of the further expanding demand for metal and mineral commodities. Latin America accounted for about 8% of the global mining equipment demand in 2013 and its contribution towards global mining equipment sales was registered at …
Surface drilling rigs are exclusively used in quarrying, surface mining, and the construction industry. In order to meet the demands from these sectors, surface drilling rigs are designed in such a way that they can be utilized in tough conditions and hazards areas. Rapid rise of industrialization and flourishing construction and mining activities drive growth …
To meet the growing needs of energy & environmental concern, the green power UPS systems are designed. The patented green power UPS design reduces the power consumption of UPS systems by up to 75% when compared to the conventional UPS models. As the technology evolves, people are now living a better life with all IT convenience at …
Oil and gas are the most important resources of energy and has been backbone of society. Drilling is the primary tool used for extraction of oil and gas from earth crust, it also used for environmental monitoring, remediation, and scientific studies of earth’s substances. Oil Field Drill Bits are used to make cylindrical holes or …
The Omni channel messaging software market would grow by more than 17.5% CAGR. Omni channel messaging software create special content for audience and helps to reduce the content creation time. It enables agents to receive and send case messages from multiple messaging platforms such as WhatsApp, SMS, and Facebook. Omni channel messaging software enables to deliver …
The global out of band authentication market is estimated to garner US$ 4.3 Billion while exhibiting a 13.2% CAGR during the forecast period. The growing support from several governments is likely to fuel the market growth in the coming years. The industry is expected to secure US$ 1.2 Billion in 2022. The rising need for frictionless out …