Orion Market Research Pvt. Ltd. info@omrglobal.com +91 780-304-0404

Advancement in technologies enables to create modern day world led by introduction of new smart gadgets that have optimized business operations and eased lives. New technologies and development has significantly contributed in shaping modern day businesses and day to day activities through innovation, contentedness and R&D. Recent advance technology in domains such as automotive, healthcare, chemical and ICT have simplified complex business processes and enhanced time and cost efficiency.

Latest Press Releases
Recent Developments and Applications Propel Global Shore Power Market Growth
Published: Oct 2024
Global shore power market is anticipated to grow at a CAGR of 14.6% during the forecast period (2024-2031). The use of shore power in various ports, including commercial, military, fishing, offshore, passenger, and repair facilities, helps container ships, bulk carriers, and ferries maintain refrigeration units, reduce emissions, and operate systems without running auxiliary engines. Cruise ships, military vessels, and fishing fleets utilize shore power to decrease fuel consumption, emissions, and noise during maintenance or standby periods. 
Recent Developments and Applications Propel Global Immersion Cooling Market Growth
Published: Oct 2024
Global immersion cooling market is anticipated to grow at a CAGR of 24.1% during the forecast period (2024-2031). High-Performance Computing (HPC) systems are essential across numerous sectors including scientific research, engineering, and weather forecasting. It handle processor-generated heat to improve computational performance and reliability. Data centers need efficient cooling solutions to ensure operational efficiency. HPC is also utilized in cryptocurrency mining, AI, machine learning, edge computing, telecommunications, military, gaming, automotive, media, entertainment, scientific research, financial services, and renewable energy sectors.
Recent Developments and Applications Propel Global Concrete Restoration Market Growth
Published: Oct 2024
Global concrete restoration market is anticipated to grow at a CAGR of 6.3% during the forecast period (2024-2031). Concrete restoration is essential for repairing and strengthening a wide range of infrastructure, including commercial buildings, industrial facilities, bridges, marine structures, parking structures, dams, tunnels, spillways, reservoirs, underground infrastructures, heritage structures, airport infrastructure, and energy facilities. The process typically involves crack repair, waterproofing, corrosion protection, and reinforcing. These techniques ensure the longevity and durability of the structures, making them safer and more resilient.
The Bounce Back and Potential Opportunities in the Global Aviation Industry
Published: Sep 2024
Global aviation market is projected to grow at a CAGR of 13.4% during the forecast period (2024-2031) and is projected to reach $1.9 trillion in 2031. The market is anticipated to grow owing to the rebounding demand for passenger air travel, particularly in regions including Asia-Pacific and North America, with accelerated economic growth, and increased consumer spending. Global passenger demand, measured in Revenue Passenger Kilometers (RPKs), saw a 10.7% increase compared to May 2023. Meanwhile, total capacity, measured in Available Seat Kilometers (ASK), grew by 8.5% year-on-year. The load factor reached a record high for May at 83.4%.
Sunglasses Are Currently More Than a Fashion Accessory Which Is Driving the Market Growth
Published: Sep 2024
The sunglasses industry is undergoing a transformation in eyewear trends, characterized by alterations in purchasing behaviors, shifts in consumer demographics, diversification of consumer preferences, and changes in the decision-making processes of consumers. These significant developments have collectively influenced the overall market landscape. The global sunglasses market is anticipated to grow at a CAGR of 2.6% during the forecast period (2024-2031). The market growth is driven by the increasing awareness about the harmful effects of UV rays, the rising pollution, and the pivotal role of sunglasses in the fashion industry.
The Digital Economy is Boosting Data Center Numbers and Liquid Cooling Technology
Published: Sep 2024
Indian data center liquid cooling solution market is projected to grow at a CAGR of 13.2% during the forecast period (2024-2031). The market growth is primarily driven by the advancements in IT equipment technology, owing to the rising demand for cloud, IoT, AI, and edge applications, among others. According to the National Association of Software and Services Companies (NASSCOM), India’s technology industry is expected to cross $245 billion in 2023 based on an 8.4% annual growth rate. The data center infrastructure is rapidly evolving to meet growing demands for security, scalability, and efficiency.
The Growing Demand of Botulinum Toxin in Skin Therapeutics and Aesthetics
Published: Sep 2024
Global botulinum toxin market is projected to grow at a CAGR of 12.0% during the forecast period (2024-2032). The market growth is driven by rising consumer awareness, advancements in aesthetic medicine, a growing preference for minimally invasive procedures, and an expanding middle class with increased disposable income for cosmetic treatments. Botulinum toxin remains the most popular non-surgical procedure for both men and women across all age groups. According to the International Society of Aesthetic Plastic Surgery (ISAPS), 8.8 million botulinum toxin procedures were performed globally, in 2023, for cosmetic purposes, such as wrinkle reduction, botulinum toxin also has significant medical applications, including the treatment of migraines, hyperhidrosis (excessive sweating), and muscle spasticity. 
The Changing Landscape of Global Bladder Cancer Diagnosis and Treatment
Published: Sep 2024
Global bladder cancer market is experiencing a CAGR of 9.8% during the forecast period (2024-2031). Bladder cancer is on the rise owing to aging and lifestyle factors, requiring effective diagnostic and therapeutic solutions. Advancements in imaging, biomarkers, genetic testing, gene therapies, and minimally invasive procedures have improved detection rates and treatment options. Additionally, the improvement in healthcare infrastructure, regulatory environment, and personalized medicine contribute to early diagnosis and effective treatment of bladder cancer. 
Growing Market for Soda Ash in India: A Synopsis
Published: Sep 2024
Sodium carbonate or soda ash is an alkali chemical widely available in numerous grades that differ primarily in bulk density. Soda ash encompasses a wide range of applications across various industries, including glass, soaps & detergents, chemicals, metallurgy, and paper & pulp, which is contributing significantly towards the market growth. It is used as a disinfectant in industries.  It is a key raw material used to manufacture lithium-ion batteries and solar glass. Soda ash is an essential component in water treatment. It also has domestic applications, such as cleaning stains in homes. Indian soda ash market is projected to reach INR 20,866 crore in 2031 from INR 14,167 in 2023, growing at a CAGR of 5.0% during the forecast period (2024-2031). 
Growth Trajectory of the Global Distribution Automation Market
Published: Sep 2024
Distribution automation has become a crucial technology for modernizing the grid. It uses digital sensors and switches, in collaboration with advanced control and communication technologies, to optimize the use of energy sources at both distributed and centralized levels. Distribution automation is utilized in automating feeder switching, monitoring voltage, and equipment health, and managing outages, voltage, and power. Thus, distribution automation enhances the speed, cost-effectiveness, and precision of operations, reliably reducing operational costs for customers.