As the world seeks sustainable and energy-efficient solutions for heating and cooling, the heat pump market is experiencing a significant surge. According to the EIA, close to 18 million households across the United States used heat pumps for space heating in 2020, indicating a nearly 50% increase over 2015. Governments and regulatory bodies around the globe are implementing initiatives to ...
The expanse of the food and beverages market has grown dramatically, especially over the last decade. This industry has witnessed substantial motion with innovation in processes, products, and services to keep pace with the rapidly changing consumer preferences. ...
While self-driving technology is still in its developmental stages, the autonomous market has seen a rise in the presence of manufacturers. The surging popularity of automation has paved the way for technological advancements. Burgeoning government and consumer interest have also proved lucrative for product penetration. In recent years, industry leaders have been leveraging several trends to get ahead in the ...
Powered by the proliferation of T&D networks, digital substation market has recorded substantial gains in the recent years. Amid the growing urbanization, the performance demand from electricity networks is higher than ever before. Power generation is becoming progressively dynamic, with renewable technologies and distributed sources coming online at a robust pace. ...
The last decade has witnessed an influx of new, innovative products in the earphones & headphones market in the light of evolving consumer needs. Alongside, there are some trends that have been influencing the industry drastically in recent years. One such trend is the burgeoning climate consciousness, which has prompted extensive efforts by key manufacturers to mitigate the carbon footprint ...
The shift towards electric mobility has become more prominent in the past few years. Electric ships ­- just like electric cars and scooters - are about to transform the shipping industry by drastically cutting carbon emissions and clearing the way for significant climate progress. ...
The prevalent focus of consumers on boosting their energy savings has created a lucrative environment for the growth of spray polyurethane foam market, particularly with the burgeoning demand for electricity in residential settings. Additionally, technological advancements have given buyers access to more need-specific products that meet their requirements, which has further boosted product penetration in recent years. Insulation in homes ...
The COVID-19 outbreak and aftermath have pushed manufacturers in the plastic compounding market to step up and meet critical demands, especially in the medical milieu. Compounding Solutions, a leader in plastic compounding for medical applications, recently collaborated with OEMs to address the burgeoning demand for high-quality compounds and polymers required in devices used for the prevention and treatment of coronavirus ...
With the expanding global population, there has been an upsurge in food demand, creating massive growth potential for the algae protein market. The many documented benefits of sufficient protein intake in the daily diet, as well as emerging dietary trends in the wake of climate consciousness, have enhanced consumer interest in alternative proteins, such as plant-based protein. ...
DS Smith, a prominent company in the molded pulp packaging market, initiated its Now and Next sustainability strategy in September 2020 to support its objectives to transition to a circular economy. Simultaneously, the company aimed to offer more circular solutions to consumers and society at large, eliminating carbon from supply chains, and replacing problem plastics. The initiative is a significant ...