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Showing posts from December, 2022

Smart Agriculture Market: Core Technologies cultivating Growth

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  Raising production capacity to feed the surging population is no small feat. For instance, the latest   United Nations Population Fund   (UNFPA)   stats show that the global population stands at   8 billion . Accordingly, agriculture is incorporating ‘smart technology’ to increase production efficiency and crop quality. Smart agriculture, therefore, encompasses farm management using advanced information and communication technologies to increase the quality and quantity of products. As per Inkwood Research, the   global smart agriculture market   is predicted to record a   CAGR   of   9.98%   during the forecast period,   2022-2030 . Given below are a few technologies that enable smart agriculture: Internet of Things (IoT) The Internet of Things (IoT) has automated its way to agriculture, promising tremendous improvements. IoT in agriculture entails  robots ,  drones , and sensors connected through the internet. The...

High Voltage Cable Market: Major End-Users Augment Demands

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  High voltage cables (HVCs) are the backbone of electrical infrastructure globally. From their use in commercial and residential infrastructures to industrial end uses in mining, oil & gas factories, power & utilities, etc., HVCs are crucial supplements to the growth of the power sector. Besides, urbanization and industrialization globally are increasing the demand for electric power. Therefore, the surging power demand is expected to result in more power generation and transmission, thereby propelling the requirement for high voltage cables. Inkwood Research predicts that the global high voltage cable market is set to surge with a 5.12% CAGR during the forecast period 2023-2032 .   High Voltage Cable Market: Major End Uses HVCs are extensively utilized for high voltage electric power transmission. Equipped with multiple conductors, structural elements of protective jackets, and insulators, they are designed to transmit electricity efficiently without long-ra...

Epoxy Resins Market 2022 – Global & Regional Trends

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  Epoxy resins are characterized as a type of reactive polymer and prepolymer constituting epoxide groups. They react either with themselves in the presence of catalysts or with other co-reactants such as thiols, phenols, and amines, among others. Epoxies provide numerous advantages, including chemical and solvent resistance, low shrinkage, high strength, excellent adhesion to several substrates, thermal solidity, corrosion protection, effective electric insulation, and moisture resistance. These benefits play a vital role in their adoption across various applications, thus expanding the global epoxy resins market. According to Inkwood Research, the  global epoxy resins market  is set to grow with a CAGR of 5.65% over the estimated years of 2022 to 2030. The market’s growth is primarily attributed to the development of the wind energy market, the increasing need for epoxy resins in the aerospace industry, and the surging demand for paints & coatings. How Do Paints ...

X-Ray Tube Market: Trending Applications & Novel Developments

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 X-ray tube, also known as a Roentgen tube, functions as a specific energy converter that receives electrical energy and converts it into heat (99%) and x-radiation (1%). The primary function of an X-ray tube is to create x-ray photons from electric energy transmitted by the x-ray generator. As per Inkwood Research, the global X-ray tube market is forecasted to rise with a CAGR of 3.81% during the projected years of 2022 to 2030 . Their widespread usage across applications, such as material and structure analysis, CT scanners, X-ray crystallography, and airport luggage scanners, among others, play an essential role in surging the demand and adoption of X-ray tubes worldwide.   X-Ray – An Incredible Contribution to Human Health The discovery of the X-ray in 1895 provided physicians with an effective, non-surgical tool to analyze the inside of the human body. Moreover, following the development of the ‘Coolidge tube’ in 1913, which continues to remain the model that...

X-Ray Tube Market: Trending Applications & Novel Developments

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  X-ray tube, also known as a Roentgen tube, functions as a specific energy converter that receives electrical energy and converts it into heat (99%) and x-radiation (1%). The primary function of an X-ray tube is to create x-ray photons from electric energy transmitted by the x-ray generator. As per Inkwood Research, the   global X-ray tube market   is forecasted to rise with a   CAGR of 3.81%   during the projected years of   2022 to 2030 . Their widespread usage across applications, such as material and structure analysis, CT scanners, X-ray crystallography, and airport luggage scanners, among others, play an essential role in surging the demand and adoption of X-ray tubes worldwide. X-Ray – An Incredible Contribution to Human Health The discovery of the X-ray in 1895 provided physicians with an effective, non-surgical tool to analyze the inside of the human body. Moreover, following the development of the ‘Coolidge tube’ in 1913, which continues to ...

UAV Battery Market: Military & Commercial Applications direct Growth

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  Unmanned aerial vehicles (UAVs) or automated drones fly for long periods at a controlled speed and height and have a role in many aspects of aviation. They are used in various functions, ranging from food delivery, filming, photography, climate change monitoring, and search operations after natural disasters. With the growing geo-political tension among major countries, UAVs have gained massive demand. This is because drones are used by the military worldwide for surveillance, reconnaissance, and targeted attacks. These devices operate wirelessly, creating a huge requirement for UAV batteries for optimal use. Accordingly, as per our research, the   global UAV battery market   is estimated to generate a whopping   $17.7 billion   in revenue, with a   16.32% CAGR   during the forecast years,   2022-2030 .   UAV Battery: Growing Military Applications Militaries need UAVs for training in combat situations and ISR (intelligence, surveillance, an...

Electric Vehicle Plastic Market: What is the Role of Plastics in EVs?

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  The world is witnessing rising urbanization, increasing transportation needs, and growing environmental concerns daily. All of these have culminated in vehicle electrification. However, vehicle electrification is flanked by decarbonized electricity generation, directing the shift toward renewable and low-carbon production. This has further resulted in the increased use of plastics in electric vehicle manufacturing. According to Inkwood Research, the   global electric vehicle plastic market   is set to grow at a   CAGR   of   28.72%   during the forecast period,   2022-2030 . Further,  electric vehicle sales  are surging globally against the backdrop of automakers making commitments to raise efficiency, minimizing dependence on fossil fuels for transportation, and expanding electric fleets. Also, automotive propulsion hybridization (combination of electric and gas propulsion) is ascending. Accordingly, plastics are evaluated to suppleme...