Alumina Market Present Scenario And The Growth Prospects 2024

The rising demand for this versatile metal, the alumina market is expected to grow to $54,907.3 million by 2024, at a CAGR of 2.2% between 2019 and 2024. The oxide is available in several forms, viz. calcined, tabular, metallurgical, reactive, and fused. Of these, the metallurgical type has witnessed the heaviest consumption till now, because it is used specifically to derive aluminum metal, the requirement for which has been rising around the world. In the years to come, the usage of refractory-grade Al2O3 is predicted to surge the fastest.

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Radiotherapy Market Revenue, Opportunity, Forecast and Value Chain 2030

The global radiotherapy market was valued at $7,222.4 million in 2019. As per the estimates of P&S Intelligence, a market research firm based in India, the market would progress at a CAGR of 8.4% between 2020 and 2030 and generate a revenue of $17,194.4 million in 2030. The increasing prevalence of cancer and the growing requirement for advanced treatment procedures all over the world are the key factors fueling the expansion of the market. Globally, the North American radiotherapy market would be the most lucrative one in the forthcoming years. In this region, the market would exhibit the highest growth in the U.S. in the coming years, mainly because of the large-scale installation of radiotherapy equipment and systems in the country. In addition to this, the existence of several research institutes and private healthcare providing organizations that are extensively using radiotherapy systems is boosting the market advancement in the country.

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Polyester Hot Melt Adhesives Market Present Scenario And The Growth Prospects 2030

Growth in the packaging and automobile sectors will drive the polyester hot melt adhesives market at 5.3% CAGR during 2020–2030. The market value will increase from $473,057.2 thousand in 2019 to $717,152.6 thousand by 2030. Currently, the market is observing a shift away from traditional stitching to the hot bonding technology, owing to the mushrooming awareness about the advantages of hot melt adhesives in the textile industry. The coating of such adhesives on materials offer water resistance and no sewing is needed, which make them ideal for bonding of linen, wool, polyester, and leather.

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Radiofrequency Ablation Devices Market: Latest Trends and Future Growth Study 2022-2030

This is, in turn, driving the advancement of the global radiofrequency (RF) ablation devices market. The market valuation is predicted to grow from $3,173.5 million in 2019 to $11,080.3 million by 2030. Furthermore, the market is predicted to advance at a CAGR of 12.6% between 2020 and 2030. Catheter systems, accessories, and generators are the major components of radiofrequency ablation devices. Out of these, the demand for catheter systems was the highest in the world during the last few years.

Globally, the sales of radiofrequency ablation devices will be the highest in North America in the forthcoming years, as per the estimates of the market research company, P&S Intelligence. This will be due to the growing prevalence of cancer and heart diseases and the soaring healthcare expenditure in the region. As per the Centers for Medicare & Medicaid Services (CMS), in the U.S., the total healthcare spending grew by 4.6% from the previous year.

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Positive Long-Term Impact of COVID-19 in the Electric Vehicle Industry

As per a statement by P&S Intelligence, since the mid-2010s, the electric vehicle industry has experienced remarkable development. The collaborative efforts of policymakers, society, and industry players have greatly contributed to the accelerated adoption of e-vehicles in the past few years.

During the pandemic, e-vehicles pose a significant resource burden for original equipment manufacturers, rather than being a value-addition to their already stressed businesses. The decline in electric vehicle sales was unavoidable during the pandemic. Several factors that have negatively impacted the industry are consumer preference, crude prices, auto plant shutdown, delayed launch of new EV models, and delays in regulation and policies.

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Vehicles Getting Smart with Automotive Camera Sensors

It is impossible to find any modern car without sensors. Gone are those days, when all of the things were manual and the security was also limited. With the advancement in technology and it becoming smart, that smartness is also imbibed into the car, with the help of sensors. There are many kinds of sensors present in automotive, but in this blog, we will focus upon the camera sensors, to be specific.

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CMOS and CCD image sensors have revolutionized the world of automotive camera sensors. With the obtainability of the newly developed camera sensors, safety features have surely augmented and people get a feel that they are travelling in a smart car.

Automotive camera sensors are integral parts of autonomous driving systems and ADAS. They offer visual info about the surroundings of the car including color, shape, and texture of diverse objects for example susceptible road users, signs, traffic signals, other vehicles, road markings etc.