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Press Releases from MarkNtel Advisors LLP (50 total)

Global Digital Twin Market is expected to grow at a CGAR of 58% during 2021-2026

The Global Digital Twin Market is expected to grow at a CAGR of 58% during 2021-26. The growth of the market is attributed to the advantages of deployment of digital twin such as asset optimization, enhanced operations and added value in the business. The other major factors driving the market growth are increase in adoption of industrial IoT and rise in development of smart building infrastructure. However, High cost associated

US Electric Truck Register CAGR of around 60% during 2021-2026

The US Electric Truck is witnessing an astronomical growth for the past few years owing to the factors such as the introduction of the various supportive initiative by the government in order to promote the sales of the electric truck to curb carbon emission and increasing investment by the electric truck manufacturers in R&D of battery technology. US Electric Truck is expected to register a CAGR of around 60% during

Second Hand Car market in India is expected to grow at a CAGR of 15.6% during 20 …

According to the MarkNtel Advisors’ research report, “India Second Hand Car Market Analysis, 2021”, the market is expected to grow at a CAGR of 15.6% during 2021-2026. The growth of the market is complemented by the investments made by the major market players to establish their dealership network in the market, thereby, encouraging the industry participants to brand and make second-hand car option feasible. Further, Price competitiveness among the new

Global Precision Agriculture market is expected to grow at a CAGR of 13% during …

The growth of the market is attributed to the high demand for agricultural products due to rapid population growth and significant cost-cutting achieved by the implementation of smart farming techniques. However, low technological knowledge among the farmers and requirement of heavy investment at the initial stage is the biggest challenge that could restrain the growth of the market. According to the MarkNtel Advisors’ research report, “Global Precision Agriculture Market Analysis,

Asia-Pacific Polylactic Acid market is expected to grow at a CAGR of 16% during …

The Asia-Pacific Polylactic Acid market is expected to grow at a CAGR of 16% during 2021-26 owing to the surging aim of the countries to ban the use of single-use plastic, increasing investment towards research and development activities to support the production of cheaper Polylactic acid and rapid growth in the packaging industry due to increasing e-commerce industry growth. Besides this, rising environmental awareness, burgeoning spending toward the development of

Global Ketogenic Diet Food market is expected to grow at a CAGR of 5.2% during 2 …

The fuel in the number of market players, upsurge in demand for keto-diet food at restaurant and increase in the consumption of keto-diet snacks such as cookies and bars are the factors expected to promulgate the growth of the market at a CAGR of 5.2% during 2021-26. Moreover, the burgeoning use of the keto diet for treating people with epilepsy, a growing trend of keto diet in developing countries and

The Global Hyaluronic Acid Market is expected to grow at a CAGR of 8% during 202 …

The Global Hyaluronic Acid Market is anticipated to grow at a CAGR of 8% during the forthcoming timeline. The major factor driving the growth of the market is the high demand for aesthetic treatments and anti-ageing procedures. Further, a surge in applications of hyaluronic acid into tissue engineering and regenerative medicines propels the market growth. However, few side-effects associated with the use of hyaluronic acid and the high cost of

The Global 3D Printing Filament Market is expected to grow at a CAGR of 25% duri …

The growth of the global 3D Printing Filament Market is attributed to the high demand for 3D printing technology using filament from product designing to final product development. The surge in the adoption of 3D printers by the various industries to create an extremely customized product, thus, increases the demand for 3D printing filaments. Besides this, the use of 3D printers in the aerospace and automotive industry is surging as

Global Extended Reality market is expected to grow at a CAGR of 55% during 2021- …

The burgeoning application of AR and VR from employee training, industrial use to navigation, and in healthcare for diagnosis etc., thus is projected to be a major reason for the growth of extended reality during the forecast period. The Global Extended Reality market is anticipated to attain a CAGR of 55% during 2021-26. The factors driving the market growth are increasing technological advancement in spatial computing application, perennial innovation and

The Global Fitness App Market is expected to grow at a CAGR of 22% during 2021-2 …

The growth of the Global Fitness App Market is attributed to the high demand for constant health assistance and the widespread reach of the internet and smartphones across the world. Besides this, a rising inclination towards weight loss and fitness drives the market. Moreover, the surge in R&D activities by the app developers to launch new features to make fitness apps more user-friendly is expected to provide opportunities for the

Global Wireless Brain Sensors market is expected to grow at a CAGR of 10% during …

The Global Wireless Brain Sensors is projected to witness robust growth owing to the factors such as burgeoning incidences of neurological disorders such as dementia and Parkinson’s, growing elderly population and burgeoning advancements in wireless brain sensors technology. The market is expected to grow at a CAGR of 10% during 2021-26. The snowballing smartphones penetration, growing awareness leading to a rise in life expectancy along with propelling demand for connected

Middle-East and Africa Dermatology Drug Market are expected to grow at a CAGR of …

The growth of the Middle-East and Africa Dermatology Drug Market attributed to an increase in the occurrence of skin diseases and a rise in awareness regarding treatment and diagnostic of skin-related problems such as acne, dermal ulcer, alopecia, etc. Moreover, burgeoning R&D activities to develop a diverse product portfolio in dermatology drugs and the snowballing number of mergers & acquisitions would provide the opportunity for the lucrative growth of the

Global Military IoT market is anticipated to grow at a CAGR of 8% during 2021-20 …

The growth of global military IoT market is driven by increase in IoT enabled business practices and surge in incorporation of advanced technology in military sector. IoT technologies help military sector to enhance security and communication networks and make substantial cost savings. Moreover, factors such as environmental monitoring, controlling weapons and military surveillance leads to lucrative growth of the global military IoT market. Key questions answered in the study: 1. What are the

Middle East & Africa IVF Tools & Techniques market is expected to grow at a CGAR …

The demand for IVF tools and techniques is growing at a robust rate owing to the factors such as declining fertility rate in the Middle East & Africa region due to late marriages and late conceiving of children, rising government investment in the healthcare industry leading to an upsurge in the number of fertility clinics, and advancements made in IVF technology. Moreover, propelling the number of public-private investments and funds

GCC Facility Management Market is expected to grow at a CGAR of 8.2% during 2021 …

The growth of GCC facility management market is accredited to surge in government support to enhance the hospitality sector to boost tourism thus, leading to increase the construction of new hotels. Further, increased demand for facility management services integrated with advanced technology drives the growth of the market. Besides these, rise in number of market players and growing trend of automation of service such as monitoring equipment and surroundings for

The Global Automotive Vehicle Processor market is anticipated to grow at a CAGR …

The global autonomous vehicle processor market is anticipated to grow astronomically owing to the high demand for the development of Level 4 and Level 5 autonomous vehicles. Moreover, a wide range of product portfolio provided by vehicle processor manufacturers, increasing government investment in digital infrastructure and rise in road capacity significantly contributes to the lucrative growth of the market in the forthcoming timeline. Key questions answered in the study: 1. What are the

UAE Elevator and Escalator market is anticipated to grow at a CAGR of 5.6% durin …

The UAE Elevator and Escalator market is anticipated to grow at considerable rate owing to increased political and economic stability of the country and host of EXPO 2021 has bolstered the number of various large-scale construction project. Further, surge in government support and rising focus on non-oil sectors have led to increase the inflow of foreign investment leading to development in the construction sector which contributes to the lucrative growth

Global On-Board Charger market is expected to be around 18% during 2021-2026

The burgeoning governments incentive and support provided to both manufactures and consumers in order to upsurge the and production of sales of electric vehicle, rising number of autonomous vehicle and introduction of strict regulation by government to curb emission of GHG are the major factors driving the growth of Global On-Board Charger market. Besides these, extensive investment on charging infrastructure, surging research to improve power capacity of on-board AC chargers

Global Radar Absorbent market is anticipated to grow at a CAGR of 19% during 202 …

The global radar-absorbent material market is anticipated to grow at astronomical rate owing to rapid penetration of advanced technologies and frequent growth in innovation of new products in radar-absorbing material market. Moreover, rising urbanization and the development of the power industry coupled with high government support is expected to provide lucrative growth prospects to the global radar absorbing material market. Key questions answered in the study: 1. What are the current and future

Global Urban Air Mobility market is anticipated to grow at a CAGR of around 12% …

The burgeoning inclination of the countries towards creating environmentally sustainable cities has promulgated the demand for urban air mobility. The major factors for the growth of the Global urban air mobility market are a significant surge in the urban population leading to rapid growth in road congestion, a boost in technological developments in urban air mobility, and snowballing investment in vehicle automation and autonomous vehicle operations. Besides these, the launch

Global Automotive Inverter market is anticipated to grow at a CAGR of 9.0% durin …

The Automotive Inverter market is witnessing robust growth owing to the factors such as rising government’s inclination towards the adoption of alternate energy vehicles due to growing environmental issue, burgeoning investment on set-up of production facility for the electric vehicle in the developing countries and technological advancement and innovation in inverters by the market players. Besides these, various initiatives taken by governments to upsurge the sales of electric vehicle is

Global Pool Equipment market is anticipated to grow at a CAGR of 11% during 2021 …

The global pool equipment market is anticipated to grow at a considerable rate owing to boost in the tourism sector, surge in demand of swimming pool club memberships and increasing disposable income. Further, rapid growth of urban population, increasing demand for availability of swimming pool within the infrastructure and rising inclination towards requirement for high end maintenance contributes to the significant growth of the market. Key questions answered in the study: 1. What

Saudi Arabia Brake Pad Market is anticipated to grow at a considerable CAGR duri …

Brake pads are the components of brake disc which are used in automotive and other applications. The growth of the brake pads market is attributed to increasing demand for safety and comfortable rides coupled with highly efficient brake system and low noise. Moreover, increase in incorporation of advanced technologies such as 3D printing technology helps in making brake parts which are lightweight and can tolerate high temperature. Thus, strongly contributes

Global Direct Air Carbon Capture Technology market is anticipated to grow at a S …

The growing concerns about climate change and global warming are intensifying the interest toward direct air carbon capture technologies to curb the emissions level of carbon dioxide (CO2) sectors such as cement. The increasing efforts by the companies to cut carbon footprint, rise in global temperature to less than 1.5-2 degrees C along with deforestation and robust industrialization in the developing countries are the major factor for the growth of

Robust Expansion of Industrial Facilities is Proliferating the Growth of GCC Chi …

According to MarkNtel Advisors’ research report “GCC Chillers Market Analysis, 2021”, the GCC Chillers market is anticipated to grow at a CAGR of around 6% during 2021-2026. The rising energy consumption is increasing the various environment concern in the region, thus proliferating the demand for energy-saving chillers. The inclination towards the deployment of district cooling system has elevated the demand for chiller due to constant rise in the temperature and

China Two-Wheeler Tire market is predicted to grow at a Considerable CAGR during …

The China Two-Wheeler tire market is growing at an exponential rate owing to the factors such as robust urbanization, significant consumer inclination toward electric 2-wheeler, and increasing demand for share mobility due to surging metropolitan pollution. Besides this, burgeoning replacement tire demand, escalating government inclination toward sustainable urban transport and strong foothold of giant two-wheeler OEMs with large production capacities are the factors strongly contributing to the growth of the

Asia-Pacific Bioinformatics market is anticipated to grow at a CAGR of 17% durin …

The demand for bioinformatics is surging due to its escalating application in agriculture, medical, animal biotechnology, increasing advancement in the technology and increasing investment in research and development (R&D) process for drug discovery are the driving factors for the growth of the Asia-Pacific Bioinformatics market. Besides this, robust growth of proteomics and genomics, rising demand for personalized medicine and clinical diagnostics along surging spending on healthcare infrastructure are the factors

Asia-Pacific Nano Fertilizers market is anticipated to grow exponentially at a C …

The inclination toward the use of nanotechnologies is surging at a robust rate as it can improve the overall agricultural production. The surging issue of food security due to a growing population, limited availability of resources and increasing climatic change concerns such as temperatures, water deficiency, and environmental pollution has augmented the need for nano fertilizer. However, the Green revolution has augmented the use of chemicals for higher productivity which

The Africa Air Conditioner market is growing at a CAGR of 7.5% during 2021-2026 …

The increasing populace in the large metropolitan areas, the rising number of multinational companies in the countries surging the demand for office space, and burgeoning investment in the hospitality sector to attract the international hotel chain for expansion are some of the major factors for the growth of Africa Air Conditioner market. Besides these, growing disposable income of the people Suring the need for better lifestyles, soaring government spending on

Burgeoning Prevalence of Cardiovascular Diseases Expected to Lead to the Growth …

Burgeoning awareness among people pertaining to newborn genetic testing, booming population, and increasing degree of advancements in molecular diagnostics for clinical diagnostics are some of the factors driving the growth of Global Paediatric Genetic Testing in 2019. Moreover, increasing investment in the R&D for innovation, burgeoning prevalence of cardiovascular diseases, coupled with escalating adoption of genetic testing services, and decreasing cost of genetic testing are strongly contributing toward the growth

Boost in the Number of Radiology and Medical Imaging Startups Leading to the Gro …

The rising adoption of AI in hospitals, diagnostic labs, boost in the number of radiology and medical imaging startups, and burgeoning investment by the healthcare industry in AI enabled medical imaging are some of the factors leading to a positive impact toward the growth of Global artificial intelligence (AI) enabled medical imaging market. Besides these, rising numbers of diagnostics, growing use of imaging biomarkers in clinical practices, and increasing incidences

Increasing Implementation of Autonomous Vehicles in Shared Mobility Expected to …

The Global ADAS & Autonomous Driving Component market is growing at a high rate on account of burgeoning investment toward the development of automotive electronics sensors technology, surging demand for automation in automobiles from high-income consumers, and increasing deployment of sensors in hybrid, semi hybrid, and electric cars. Moreover, rising spending toward the developments in connected infrastructure and intelligent transportation systems in developed and developing countries, rising implementation of autonomous

Burgeoning Adoption of Polyurethane Foam in End-Use Industries Accelerating the …

The GCC Polyurethane Foam market is anticipated to experience high growth in the forecast period owing to the factors such as burgeoning adoption of polyurethane foam in end-use industries such as automotive and electronics, surging application of foams in building insulations for energy conservation, and boost in government investments on development of housing projects in countries such as UAE and Saudi Arabia. Besides these, upsurge in hospitality projects due to

Rising Technological Advancements in Wearable Electronic Devices Fuelling the Gr …

The rising popularity of IoT, escalating technological advancements in wearable electronic devices, and constant adoption of inductive technology in electric vehicle charging are the factors increasing the demand for wireless charging in the forecast period in the Asia-Pacific region. Moreover, burgeoning inclination toward the electric vehicles (EVs) in the countries such as China, India, and Japan, extensive demand for wireless computing devices, and escalating investments in research and development of

Increasing Incidences of Lifestyle Diseases Propelling the Growth of Medical Pla …

The burgeoning application of medical plastic converters in surgical equipment, disposable syringes, catheters, microfluid devices, significant growth in the geriatric population, and rising inclination toward cosmeceutical products are some of the factors propelling the demand for medical plastic converters in the Africa region. Furthermore, the growing awareness among people regarding health and wellness, robust urbanization, coupled with surge in the demand for frozen food, and increasing incidences of lifestyle diseases

Rising Government Initiatives in Residential Construction and Industrial Project …

The Kuwait Facility management (FM) market is projected to grow at a significant rate owing to the major factors such as burgeoning number of applications of FM services in commercial buildings, rising government initiatives in residential construction and industrial projects, and a flourishing tourism sector which would further fuel the demand for services in hospitality industry. Moreover, the growing technological advancement with regard to cloud-based digital platforms, escalating inclination toward

Rising Adoption of Rescue Robotics in Government & Defense Leading to the Global …

The rising adoption of rescue robotics in government & defense for patrolling, rescue operations, and safety inspections, and increasing geopolitical conflicts between various countries are anticipated to elevate the growth of the Global Safety, Security, and Rescue Robotics market in the forecast period. Moreover, the increasing demand for safety, security, and rescue robots in hazardous areas, burgeoning government spending on robotics, and extensive application of rescue robots on naval and

Rising Number of People with Vision Impairment Catalyzing the Global Ocular Drug …

The Global Ocular Drug Delivery Mode market is projected to grow at an astronomical rate in the forecast years. The market growth is attributed to growing geriatric population, increasing number of people with vision impairment, and rising prevalence of eye disorders such as diabetic retinopathy, trachoma, and corneal opacities in the people usually at the ages of 50 or above. Moreover, the extensive R&D activities to develop innovative products, rising

Development of Electronic and Semiconductor Industry Expected to Propel the Glob …

The Global Graphene market is projected to grow at a high rate on account of active growth in electronic and semiconductor industry as graphene is used to design and manufacture several electronics devices such as touch screens for phones and tablets and also due to the boost in the demand for electronic devices such as tablets and mobile phones. Besides these, the extensive application of graphene in chemical sensors,

Boost in the Consumption of Convenience Food Products Leading to the Growth of M …

The Middle East Canned Food market is growing at a steady rate owing to major factors such as boost in the consumption of convenience food products, easy availability of various packaged foods, and rapid urbanization in countries such as the UAE and Saudi Arabia. Moreover, burgeoning demand for ready-to-eat food items due to a rise in working women populace, growing number of retail formats, and extensive consumption of canned food

Launch of New OTT Services Leading to the Large-Scale Demand for OTT Platforms i …

The demand of Over-the-top Media Services (OTT) platforms is escalating at a significant rate in the Middle East & Africa region on an account of the prominent entry of telecom operators into the OTT services in countries such as the UAE, Saudi Arabia, and Qatar. For instance, in the end of 2019, partnered with MediaKind to deliver new and immersive IPTV and OTT services to multiscreen audiences. Along with

Rising Health Consciousness Leading to the India Water Purifier Market Growth Du …

The India Water Purifier market is expected to grow at a robust pace owing to the factors such as increasing adoption of water purifiers due to rising awareness of water-borne diseases such as like diarrhoea, cholera, and jaundice among people. In addition, rapid urbanization, boost in the development of industrial sector, production of low-cost water purifiers, and escalating presence of international market players by launching advance water purifiers are anticipated

Increasing Prevalence of Respiratory Diseases Leading to the Growth of Global Ve …

A ventilator, often known as breather machines or respirators, is a machine that helps the person to breathe. The surging rate of preterm births in the countries such as India, China, and Nigeria along with increasing prevalence of respiratory diseases among the populace due to rising consumption of cigarette and tobacco are few of the major factors driving the demand for ventilators -income countries. Moreover, a growing aging population. outbreak

Increasing Awareness About Lab Informatics Solutions Leading to the China Labora …

The China Laboratory Informatics market is growing at a rapid pace due to rising spending toward R&D activities in drug development, increasing awareness about lab informatics solutions, and growing adoption of robotics and process automation in healthcare. Moreover, a boost in expenditure by the companies for advancement in molecular genomics and hereditary testing practices, growing data volume, and escalating degree of adoption of biorepositories and biobanks are leading to a

Escalating Waste Generation Rate Leading to the Growth of Asia-Pacific Waste to …

The rising level of generation of municipal wate, robust urbanization, and increasing disposable income are leading to an escalation in the rate of waste generation in countries such as India and China. Every year, about 55 million tonnes of municipal solid waste (MSW) is generated in the urban areas of India. Apart from this, rapid industrialisation and growing population are propelling the volume of waste release from the end-user

The COVID-19 Pandemic as a Key Factor in the Growth of Global Video Conferencing …

The Global Video Conferencing market is anticipated to experience robust growth in the forecast period. The adoption of video-conferencing solutions is growing at a significant rate as these solutions reduce the overall operational cost, save time, and enhance productivity. Besides this, rising inclination toward remote workforce management amongst corporates, introduction of video conferencing-as-a-service (VCaaS), and the recent COVID-19 outbreak have had a positive impact on the market growth. Browse the complete

Rising Demand of Nanomaterial in the End-User Industries Leading to the Global S …

The wide application of nanomaterial in various end-user industries such as automotive, paints, and consumer goods, along with rapid usage of nanomaterial for development in healthcare technology for instance next-generation pharmaceutical devices, drug delivery in countries such as Russia, China, and the United States. Hence, these factors are projected to lead to a positive impact toward the growth of the market in the forecast period. Browse the complete report :

Escalating IoT Adoption to Lead to Growth Opportunities for the Software as a Me …

The degree of adoption of various computer software in healthcare has propelled to a vast extent in the past years so as to effectively detect diseases or treat patients. Software as a Medical Device (SaMD) experienced a momentous rate of growth in the near future on an account of factors such as growing acceptance of IoT in healthcare to assist the professionals with diagnosis, increase in the healthcare cost, extensive

Rising Adoption Rate in the End-User Industries Resulting in the Smart Glass Dem …

The smart glass market is projected to foresee a robust pace due to the rising adaption of smart glass for energy efficiency, decrease in carbon emission, and increasing integration in commercial smart windows and panels in the verticals such as automotive, architectural, transportation, and construction industry. In addition, the growing environmental concerns and green initiatives about energy consumption, boost in government support to augment the use of smart glass in

“Rising Health Awareness among Millennials to Boost to Global Energy Drink Mar …

The growing health awareness, changing lifestyle and improper diet of the consumers across the globe specifically among the millennials is driving the global energy drink market in 2020. Also, the rising trend of marathons, yoga, and aerobics is intensifying the energy drink market across the globe. Moreover, manufacturers are offering organic drinks that are made up of green coffee beans, organic guarana, etc. which is gaining traction of health-conscious consumers.

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