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Showing posts from December, 2019

Indian Electric Vehicle Ecosystem Market is Expected to Grow at a CAGR of 43.13% from 2019 to 2030

The introduction of electric vehicles in the automotive industry of India is a significant step toward curbing the increasing pollution levels in the country. In this regard, the government has intensified the regulatory front in the country and has begun to exert in the direction of upholding the importance of electric vehicles against the conventional fuel-powered vehicles. This has paved way for the growth of new market sectors namely, battery production for electric vehicles, manufacturing of electric vehicles and the installation of charging solutions for the electric vehicles. The market players have been putting efforts into carrying out their research and development activities toward the components of electric vehicles, out of which the lithium-ion batteries constitute a major portion. Browse the Complete Report: " India Electric Vehicle Ecosystem Market " In the upcoming years, a complete paradigm shift toward electric vehicles is expected, gradually phasi

Industrial IoT Market was Valued at $72.34 billion in 2018

Internet of Things (IoT) ecosystem is a vast and diversified area that comprises hardware vendors, platform providers, service providers, and connectivity providers. Every component plays a vital role in the ecosystem and each vendor is responsible for providing necessary components for Industrial IoT. Browse the Complete Report: " Industrial IoT Market " For instance, the vendors are responsible for providing hardware, platform, services, and connectivity. Hardware is responsible for carrying out data recording and providing means of communication. Similarly, the connectivity and services have their own vital role. When all of these components work together in synchronization and harmony, an ecosystem is formed. For instance, a company providing semiconductor component for a hardware is not directly involved with IoT, but is a part of the IoT ecosystem. The main difference underlying IoT ecosystem and platform is their functionalities. An IoT platform is responsible

Launch of User-Friendly Hematology Analyzers is the Best Way to Venture into the Market

The global hematology testing is perceived to be a market with high attractiveness, by the investors. Strong investments in this field aided by considerable research activities by both public and private sectors are expected to propel the growth of the market in the years that follow. In spite of having several favorable factors, investments into the market are being hindered by the slow adoption rate of expensive hematology testing devices in low income and middle-come countries of the world. The most promising way to venture into this market and gain measurable profits is through innovations and development of advanced, compact, accurate, and user-friendly hematology analyzers. Sysmex Corporation, headquartered in Japan is catering to in-vitro diagnostics, offers wide range of hematology testing products ranging from hematology analyzers and flow cytometers to reagents, stains, controls, and calibrators. The huge product contribution of the company resulted in its market domina

North America at the Forefront of the Autonomous BVLOS Drone Market

The global autonomous BVLOS drone market was valued at $18.87 billion in 2018 and is expected to reach $34.65billion in 2029 at a CAGR 5.94% during the forecast period 2019-2029. The autonomous BVLOS drone market has witnessed various forms of market dynamics across different regions of the globe. Also, the drone manufacturing companies have recently witnessed a rising demand from countries such the U.K., India, Italy, Germany, and others. The following figure represents the global autonomous BVLOS drone market by region. It includes North America, Europe, Asia-Pacific, and Rest-of-the-World. North America dominated the BVLOS drone market. Its total market size was valued at $13.52 billion in 2018 and is projected to reach $23.34 billion by 2029, registering a CAGR of 5.30% during the period 2019-2029. This is due to a large number of military and defense UAVs procurement by the U.S. government. As of now, the U.S. have largest number of military drones. In commer