Press Releases from Orion Market Research (20113 total)
Neural Implants Market Trends, Segmentation, Growth, Analysis and Forecast 2023- …
The global neural implants market is estimated to record a substantial CAGR of 8.8% during the forecast period. Neural implants have been used to help neurologically disabled people to regain their abilities to live a healthy life. Over the past decades, many paralyzed patients were able to regain control over their body parts with the help of neural implants. According to the Global Burden of Diseases, Injuries, and Risk Factors…
Asia-Pacific Factory Automation Market 2023 Driving Factors Forecast Research 20 …
The Asia-Pacific factory automation market is estimated to grow significantly during the forecast period. The market is driven due to increasing adoption for human-robot collaboration in the manufacturing sector and the growing demand for connected devices in the industrial sector. Further, the advancement in consumer electronics, growing automotive sales, and the significant growth of major economies, such as China, India, Japan, and South Korea will boost the growth of automation…
Asia-Pacific Neural Implants Market Share, Trends, Future Outlook, Analysis and …
The Asia-Pacific neural implants market is estimated to witness a strong CAGR of 9.2% during the forecast period. Although the penetration of neural implants in the region is much lower than that of developed economies, Asia-Pacific poses an immense growth potential for the adoption and usage of these products during the forecast period. Emerging countries such as China and India are witnessing phenomenal growth in their GDPs. Thus, with an…
North American Neural Implants Market Trends, Segmentation, Growth, Analysis and …
North American neural implants is estimated to display a rapid CAGR of 8.5% during the forecast period. The neural implants market in North America is expected to witness lucrative growth during the forecast period due to the rising technological advancements that influence the higher uptake of easy-to-use medical devices, including neural implants. In addition, the increased healthcare spending by the population in countries, including the US and Canada, is further…
European Factory Automation Market 2023 Driving Factors Forecast Research 2029
The European factory automation market is estimated to grow significantly during the forecast period owing to the significant adoption of the industrial automation systems such as DCS, and MES in various industries such as automotive, aerospace and others. The overall shipment of robots is highest in Asia-Pacific however, the density of robots is the highest in Europe. According to the International Federation of Robotics, Europe has 106 industrial robots per…
Continuous Renal Replacement Therapy (CRRT) Market Trends, Segmentation, Growth, …
The global CRRT market is anticipated to grow significantly at a CAGR of 5.8% over the forecast period. The key companies operating in the industry are highly inclined towards the adoption of different growth strategies including capacity expansion, partnerships, mergers and acquisitions, geographical expansion, new product launches, and product innovation to remain competitive in the marketplace. For an instance, in 2020, Medtronic PLC announced the launch of the Carpediem system,…
North American Factory Automation Market 2023 Driving Factors Forecast Research …
The North American factory automation market is estimated to grow significantly during the forecast period. The growth of the market is attributed to the rising demand for human-robot collaboration in the manufacturing sector and the growing demand for connected devices in the industrial sector for overall cost reduction. Furthermore growing integration of AI and IoT technologies in the manufacturing industry is substantially providing the future growth opportunity to the market.…
Halquinol Market Share, Trends, Future Outlook, Analysis and Forecast 2023-2030
The global halquinol market is anticipated to grow at a significant CAGR 7.7% during the forecast period. Halquinol is an antimicrobial compound. It belongs to the hydroxyl-quinolines group which is a combination of 5-Chloro-8-hydroxyquinoline, 5,7-Dichloro-8-hydroxyquinoline. 7-Chloro-8-hydroxyquinoline. Additionally, it exerts its antibacterial activity in the digestive tract when taken orally. The major factor driving the demand for the global halquinol market during the forecast period is the increasing adoption of halquinol…
UK Factory Automation Market 2023 Driving Factors Forecast Research 2029
The UK factory automation market is estimated to grow significantly during the forecast period. The major factors that support the growth of the market include growing industrial automation coupled with the rising manufacturing sector in the country. The UK has seen a rise in the demand for industrial robots; however, the density of robots is below the global average (74 robots per 10,000 employees) in 2017. As per the International…
Indoor Entertainment Center Market Outlook 2029: Presents Market Insights & Dept …
The global indoor entertainment center market is anticipated to grow at a considerable CAGR of 10.1% during the forecast period. The proactive factor that fueled the market growth is the widespread adoption of various marketing tactics, such as bonuses, gift cards, birthday discounts, and government initiatives. For instance, in June 2022, Sacramento Kings announced a multi-year partnership with . With this partnership, the company provides Red Hawk's first-class entertainment…
Spain Electric Vehicle Market Share, Trends, Future Outlook, Analysis and Foreca …
Spain electric vehicle market is projected to grow at an exponential CAGR of more than 23.0% during the forecast period. The factors that are driving the market growth include the increasing government incentives, presence of major players, and growth in electric vehicle charging infrastructure. In July 2020, SEAT, an automotive company has announced the amount of $5.7 billion to build electric cars in 2020-2025 in Spain. This is announced to…
US Factory Automation Market 2023 Driving Factors Forecast Research 2029
The US factory automation market is estimated to grow significantly during the forecast period. The market is driven due to growing automation in various industries for manufacturing and material handlings such as automotive, aerospace & defense, healthcare, and others. Moreover, the growing demand for robotics in the industrial sector further provides a significant opportunity for the market in the country. The trend of automating production in domestic as well as…
Industrial Metrology Equipment Market 2023 Driving Factors Forecast Research 202 …
The industrial metrology equipment market is anticipated to grow at a CAGR of 9.3% during the forecast period. Industrial metrology equipment aids in capturing quality data for measurement, positioning, and inspection. Thereafter, the assessment of data with the latest technology and software provides manufacturers with the necessary information about the design and engineering processes and hence enables the achievement of higher levels of productivity and efficiency in production processes. The…
Indian Heat Pumps Market 2023 Driving Factors Forecast Research 2029
Indian is expected to grow at the fastest rate in the heat pumps market owing to its sustainable policies, underpenetrated market scenario, rising urbanization rates, higher disposable income, and growth in the middle-class economy. Further, the business-friendly policies and growing construction sector can contribute to the growth of industrial and commercial heat pumps as well. In price-sensitive countries like India, marketing strategies can be focused on cost-to-value benefits and the…
North American Heat Pumps Market 2023 Driving Factors Forecast Research 2029
The North American heat pumps market is anticipated to grow at a remarkable CAGR during the forecast period. North America accounted for more than 25% of the global volume share for heat pumps in 2019 which is expected to witness growth following the pandemic in 2020. With fossil fuels dominating the market in most of the residential buildings of the US, the opportunity for growth remains more evident in the…
US Smart Manufacturing Market 2023 Driving Factors Forecast Research 2029
The US heat pumps market is anticipated to grow at a significant CAGR during the forecast period. The US was estimated to be the largest end-user for heat pumps, concerning revenue. The rising demand for heating and cooling applications alongside increasing utility bills are expected to drive the heat pumps market for the next 5 years, especially in the residential segments. The renovation and refurbishment activities can stimulate adoption in…
Asia-Pacific Heat Pumps Market 2023 Driving Factors Forecast Research 2029
Asia-Pacific was estimated to be the largest heat pumps market in 2019 with China being the largest market contributing to a substantial percentage of the global revenue share. The attractive government subsidies and the stringent efforts taken towards improving the sustainability factor has contributed to the growth of heat pump installation in China. The consistent investment in district heating networks is influencing the market for high-capacity heat pumps in commercial…
Gardening Equipment Market Will Generate Record Revenue by 2029
Gardening Equipment Market is growing significantly in the residential and commercial sectors. Various types of gardening tools are being used by consumers to maintain the decorative and healthy plantation. Cutting, trimming, digging, seeding and watering tools are used in gardening activities. Technological advancement in gardening tools for automation is driving the global gardening equipment market. Due to increasing demand for automatic tools, technological improvements are being done with pace. Companies…
Digital Out of Home (DOOH) Market to see Rapid Growth by 2029
The global digital out of home (DOOH) market is estimated to grow at a CAGR of nearly 10.7% during the forecast period. The major factors contributing to the market growth include the rising urbanization across the globe and increasing demand for programmatic advertising. There is an increasing shift from offline out of home advertising to DOOH advertising among end-users owing to the introduction of technologies such as beacons and geofencing…
LoRa Gateway Market Will Generate Record Revenue by 2029
The global LoRa gateway market is anticipated to grow at a significant CAGR during the forecast period. The market growth is majorly attributed owing to the rising adoption of IoT devices. The large and ever-growing IoT networks are expected to foster a substantial demand for the LoRa gateway modules. For instance, as per the data provided by the GSMA (Groupe Spécial Mobile Association), the number of IoT connections (non-cellular and…
Luneburg Lens Antenna Market Outlook 2029: Presents Market Insights & Depth Anal …
Luneburg lens antenna market is anticipated to grow at a significant CAGR during the forecast period. Luneburg lens is a type of passive radar augmentation device which is deployed to increase the radar reflectivity of a target without the use of additional energy. The market growth is majorly attributed to the innovation and the upgradation of the technologies in the telecom and IT sector. The changing landscapes of the ICT…
In-Building Wireless (IBW) System Market to see Rapid Growth by 2029
In-building wireless (IBW) system market is anticipated to grow at a significant CAGR during the forecast period. In-building wireless or IBW system is a connectivity solution with a wireless network that is applicable to enhance the communication and network coverage among the enterprises and administrative buildings where the need for efficient signals and better connectivity is extremely high. IBW services flourish the demand for efficient data and connectivity solutions raises…
Hybrid Storage Arrays Market Analysis, Size, Current Scenario and Future Prospec …
Hybrid Storage Arrays Market is anticipated to grow at a significant CAGR during the forecast period. A hybrid array is a form of hierarchical storage management that combines hard disk drives (HDDs) with solid-state drives (SSDS) for input/output (I/O) speed improvements. The major factor driving the market growth includes the advantage the hybrid storage arrays offer over an all-flash array. Hybrids have a mixture of HDDs and SSDs, while the…
High-throughput Satellite (HTS) Service Market Will Generate Record Revenue by 2 …
High-throughput Satellite (HTS) Service Market is anticipated to grow at a significant CAGR during the forecast period. A high-throughput satellite or HTS is a kind of communication satellite that offers relevantly more throughput and higher capacity than that of a classic FSS and traditional satellite. High-throughput satellite (HTS) is a spot beam technology-based service that provides frequency re-use over multiple narrow-focused spot beams.
The demand for high-throughput satellite constellation in…
Adaptogen Market Trends, Segmentation, Growth, Analysis and Forecast 2023-2030
The global adaptogen market is anticipated to grow at a considerable CAGR during the forecast period. Different R&D departments of companies are going to work in the future for the better prediction of how they can maximize the use of adaptogens in the day-to-day consumables of people. For instance, in May 2020, a vegan nutrition supplement producer company, Orgain, launched a completely new range of protein supplements that contain adaptogens…
Botanical Drug Market Trends, Segmentation, Growth, Analysis and Forecast 2023-2 …
The global botanical drug market is anticipated to grow at a considerable CAGR of 7.2% during the forecast period. Product innovations coupled up with leading advancements in the botanical drug are anticipated to drive the market in the coming years. For instance, in January 2022, Synergy Flavors, Inc., has extended its R&D laboratories and other collaborative spaces at its Wauconda, Illinois headquarters. This expansion of the company is considered as…
Digital Healthcare Market Share, Trends, Future Outlook, Analysis and Forecast 2 …
The global digital health market is anticipated to grow at a considerable CAGR of 16.6 % during the forecast period. The increasing adoption of smartphones and other devices is propelling the growth of the digital health market. For instance, according to the Pew Research Center, The share of Americans that own a smartphone is 85% in 2021, up from just 35% in Pew Research Center's first survey of smartphone ownership…
Gastrointestinal Stent Market Share, Trends, Future Outlook, Analysis and Foreca …
The global gastrointestinal stent market is anticipated to grow at a considerable CAGR of around 5.5% during the forecast period. Technological innovations in medical science are major drivers for the growth of the GI stent market in the forecast period. Research is going on to make more promising innovations that can tackle gastrointestinal issues in a safe way. More successful implants are prior commitments for market players. For instance,…
Automatic Pill Dispenser Market Trends, Segmentation, Growth, Analysis and Forec …
The global automatic pill dispenser market is anticipated to grow at a considerable CAGR of 8% during the forecast period. As with many things these days, pill dispensers are going digital and coming with artificial intelligence (AI) integration. With ongoing technological advancements to serve people demand with capabilities like touch screen, voice assistant, facial recognition is expected to support industry growth as well as market growth for automatic pill dispenser…
Pyrogen Testing Market Trends, Segmentation, Growth, Analysis and Forecast 2023- …
The global Pyrogen Testing market is anticipated to grow at a considerable CAGR of around 8.5%during the forecast period. The rising prevalence of infectious diseases such as HIV/AIDS, Infectious mononucleosis., Influenza (flu), Chickenpox, Common cold among others across the globe, respect to this the demand for pyrogen testing techniques that are utilized for endotoxin and microbial identification are propelling thereby boosting the pyrogen testing market growth. As per the U.S.…
Disabled Fitness Platform Market Trends, Segmentation, Growth, Analysis and Fore …
The global disabled fitness platform market is anticipated to grow at a considerable CAGR of 21.3 % during the forecast period. The online fitness platforms are focusing on various new launches to serve people with disabilities, which is contributing to the market growth. For instance, in November 2020, Disability charity SportsAble launched online fitness classes for its members to stay active during the second lockdown and combat isolation. Exercises will…
Soft Filler Market Share, Trends, Future Outlook, Analysis and Forecast 2023-203 …
The global soft filler market is anticipated to grow at a considerable CAGR of 9.7% during the forecast period. The increasing demand for minimally invasive aesthetic procedures, particularly in developed countries, is driving market growth. Furthermore, product development that provides high patient satisfaction will have a positive impact on product demand during the forecast period. The Food and Drug Administration (FDA) of the US had approved a large number of…
Smart Locks Market is Anticipated to Increase at a Stable CAGR over the Forecast …
The global smart locks market is anticipated to grow at a CAGR of around 10.2% during the forecast period. The rising adoption of smartphones coupled with advanced wireless features, and growing security and safety concerns are the major factors driving the growth of the market. The adoption of a smart locking system due to the increasing robbery crimes is expected to positively influence product sales. The adoption of smart locks…
CNC Router Market Booming Worldwide with Latest Trend and Future Scope by 2029
The global CNC router market is anticipated to grow at a significant CAGR during the forecast period. The major factor for the growth of the market is the increasing need for automation processes in various industries globally. CNC routers are used to improve the productivity of an organization along will the reduced number of manpower required.
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Industrial Wireless in Discrete Industries Market 2023 Driving Factors Forecast …
The Industrial Wireless in Discrete Industries market is expected to grow at a significant CAGR of 11.2% during the forecast period (2023-2029). The major factors propelling the growth of the global industrial wireless in discrete industries market include the rising demand for the combination of machines placed in remote locations for functions such as data assimilation and analytics. Additionally, the rising adoption of real-time big data analysis will boost the…
Industrial Wireless in Factory Automation Market 2023 Driving Factors Forecast R …
The Industrial Wireless in Factory Automation market is expected to grow at a significant CAGR during the forecast period (2023-2029). The major factors propelling the growth of the global industrial wireless in factory automation market include the rising factory automation due to Industry 4.0 and smart technologies enabled with IoT. Industry 4.0 has led machines to impart intelligence and automation facilities to work in more complex environments without the burdens…
Security Robots Market Booming Worldwide with Latest Trend and Future Scope by 2 …
The global security robot market is projected to grow significantly during the forecast period. The COVID-19 crisis has increased the possibilities for the introduction of unmanned technologies in the business of private security and asset protection firms. Additionally, the authorities in Tunisia have employed Enova Robotic's P-Guard, a rugged machine built for multi-terrain applications, according to a release from the company's partner for cameras, VIVOTEK. The robot is made with…
Process Automation Market 2023 Driving Factors Forecast Research 2029
The global process automation market is estimated to grow at a CAGR of nearly 7.5% during the forecast period. The major players contributing to the market growth include rising industrialization and emerging demand for robotic process automation. Growing industrialization has been witnessed in emerging countries owing to the government initiatives to promote the manufacturing sector. In May 2015, the Chinese government introduced Made in China (MIC) 2025 initiative which comprises…
Rehabilitation Robots Market 2023 Driving Factors Forecast Research 2029
The Rehabilitation Robots market is estimated to grow at a significant CAGR during the forecast period. The major factors contributing to the market growth include a significant prevalence of spinal cord injuries and rising geriatric population. As per the data published by the National Spinal Cord Injury Statistical Center, as of 2019, in the US, the new incidences of spinal cord injury (SCI) reported each year is 17,730 or 54…
Automated Poultry Market 2023 Driving Factors Forecast Research 2029
The global automated poultry market is growing at a significant CAGR of around 7.1% during the forecast period (2023-2029). Automated poultry increases the productivity and controls the automation of the whole production process. Automated poultry systems are generally used in the big farms having production capacity of more than 4,000 birds. It is gradually becoming a need of the hour due to the constant decrease in the availability of labor…
Process Gas Compressors Market 2023 Driving Factors Forecast Research 2029
The global process gas compressors market is growing at a significant CAGR of around 3.4% during the forecast period (2023-2029). Process Gas Compressors Market report provides us with a complete outlook on thorough assessment of thorough data about vital feature of the global industry related to market size, revenue, development and market sales. This study report captures regulatory concerns and entry barriers that greatly affect the market growth. This report…
Specialty Paper Market is Anticipated to Increase at a Stable CAGR over the Fore …
Specialty Paper Market is projected to grow at a CAGR of over 4% during the forecast period. The key factors that drive the growth of the market include the growth in the labeling and packaging industries. The majority of paper used in the packaging and labeling industry is specialty paper. The rise in disposable and changing lifestyles along with the increased demand for specialty papers in food service, packaging, and…
Hydraulic Pump Market 2023 Driving Factors Forecast Research 2029
The hydraulic pump market is expected to show a CAGR of more than 5.0% during the forecast period 2023-2029. The function of a hydraulic pump is to convert mechanical energy into fluid power energy. Hydraulic pumps provide positive displacement that means the outlet flow is sealed from the inlet flow. Moreover, a little amount of fluid is designed to leak internally for the lubrication and internal cooling purpose. The converted…
Rotary Pump Market 2023 Driving Factors Forecast Research 2029
The rotary pump market is expected to show a CAGR of more than 4.0% during the forecast period 2023-2029. Modest growth in the oil & gas sector, power generation, chemical, and pharmaceuticals are some of the major factors augmenting the market during the forecast period. Moreover, significant growth in the food & beverage segment, and water & wastewater treatment segment will be witnessed during the forecast period which will drive…
Ready to Drink Tea Market Worldwide Industry Analysis, Future Demand and Forecas …
Ready to Drink Tea Market is anticipated to grow at a substantial CAGR of 4.9% during the forecast period. Manufacturers of ready to drink tea are launching products with claims such as functional claims for immune function, low/no-sugar formulations, and products which supports common health concerns which are attracting huge population base. These products contain various nutraceutical ingredients and deliver powerful benefits and thus are gaining popularity among health-conscious youth.
For…
Power Over Ethernet (PoE) Market is Anticipated to Increase at a Stable CAGR ove …
Power over Ethernet (PoE) market is anticipated to grow at a significant CAGR during the forecast period. The PoE-based devices include power delivery systems (PDS), power supply systems (PSE), and both. These devices transmit power and enable AC connection without any external equipment or remote to be installed for power connection. The economic cost, flexibility, and higher efficiency are key features attributed to PoE-based systems and are expected to drive…
Pneumococcal Vaccine Market to see Huge Growth by 2029
The global pneumococcal vaccine market is anticipated to grow at a significant CAGR during the forecast period. The major factor for the growth of the market includes the increasing efforts to curb pneumonia among children in developed countries. Whereas, in the developing countries, the increasing spending on infrastructure and rising awareness towards vaccines, are the factors, which are expected to fuel the market growth during the forecasted period.
According to the…
Optical Network Terminal (ONT) Equipment Market to Witness Astonishing Growth by …
Optical network terminal equipment market is expected to grow at a significant CAGR during the forecast period. The market is driven by factors such as the high demand for high-speed broadband services, the growing need for faster networks and increased adoption of the internet of things (IoT), cloud-based services, and ongoing technological advancements. Moreover, data-intensive services including voice over internet protocol (VoIP), videoconferencing, video on demand are expected to…
Next Generation Implants Market Comprehensive Insight by Growth Rate, Industry S …
Next Generation Implants Market is expected to grow at a significant CAGR during the forecast period. Medical implants are devices that are inserted or grafted into the body of a patient to serve as a part or entire organ. According to the US Food and Drug Administration (US FDA), an implant is a device or tissue that can be placed on the surface or inside the body. These devices…
Intelligent Motor Control Centers Market Will Generate Record Revenue by 2029
The global intelligent motor control centers (IMCC) market is growing at a steady rate and is estimated to witness a significant CAGR during the forecast period. Intelligent motor control centers or MCCs are a group of advanced communication technologies that are integrated with intelligent motor control devices. An MCC is a factory assembly of several motor starters that include motor control units to perform their principal operations.
The rising demand…
