Electric Vehicle Market Analysis for 2022 | TechSci Research

Governments and automobile manufacturers are shifting to selling newer, cleaner electric vehicles, which are expected to account for one-quarter of new sales by 2035. Global electric vehicle sales reached 6.75 million units in 2021. Providing a boost to electric mobility is intended to cut down carbon emissions that contribute to greenhouse gases. Electric Vehicles are

Off-the-Road (OTR) Tire Market Entering a Transformative Era

Tire manufacturing technology has progressed in parallel with growing requirements of automobile manufacturers and ever-growing customer expectations to accommodate new applications, safety, health, and environmental issues. Evolution of new tire construction technologies, emergence of novel materials like nano composites, plasma surface modified carbon black, and new computer simulation techniques have led to the development of

Elevator and Escalator Industry Trends in 2022

As cities continue to become the centrifugal force for progress and urbanization, the need to accommodate huge population has led to the growth of high-rise buildings, mid-rise buildings, and advanced infrastructure. This bodes well for the elevator and escalator industry as they offer solution to facilitate the vertical movement of people and goods safely, efficiently,

Trends in the Global Integrated Facility Management Market 2022

The boundaries of the facility management industry are evolving at a significant rate, owing to the emergence of new technologies, expectation changes, and changing working practices. Facility management software is being accepted as a core business tool in organizations of all shapes and sizes. Smart technologies are helping facility managers create an energy-efficient environment and

Global FinTech Market Overview

As consumers increasingly turn to digital methods for managing their finances, the fintech industry has been registering significant growth in recent years. The growth of e-commerce, rising smartphone penetration, and the emergence of digital payment options are contributing to the rising fintech market value. In 2020, the global fintech market was valued at USD7301.78 billion, owing

Digital Twin Implementation for Industrial Automation

As industries are undergoing a digital revolution, digital twin technologies are introducing new and innovative ways for product designing, operations, and post-sale services. Digital twins combine IoT, artificial intelligence, machine learning, and deep learning to provide a rich and real-time view of an organization’s processes and assets. Digital twin deployments are mainly driven by safety,

Top Industry Players in the Bone Void Fillers Market

Nearly 10 million individuals above the age of 50 suffer from hip, spine, or wrist fractures at some point in life. An additional 33.6 million individuals develop low bone mass and are at risk of osteoporosis. The growing number of complications related to bone-associated disorders such as fractures, traumas, bone infections, and bone tumors has

Challenges for the Commercialization of Cell and Gene Therapy Products

Once considered conceptual, cell and gene therapy has become a therapeutic reality for patients. Advances in cell and gene therapy led by innovative research and product development are enabling physicians to potentially reverse the debilitating trajectory of diseases, including rare and autoimmune diseases. The launch of (CAR) T-cell therapies such as Kymriah and Yescarta in

Non-Alcoholic Drinks Revolutionizing the Beverage Industry

The beverage industry is undergoing a non-alcoholic revolution as more and more Americans are cutting down their alcohol consumption. According to the International Wines and Spirits Record (IWSR) analysis, global alcohol consumption drastically declined in 2020 while the low- and the non-alcohol market continues to grow, with consumption anticipated to increase 31% in volume 2024.