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
Polycarbonate Films is a Highly Concentrated Market with Few Major Players
Published: Jun 2024
Global polycarbonate films market is anticipated to grow at a CAGR of 6.9% during the forecast period (2024-2031). The growing demand for polycarbonate films across several end-user industries is a key factor driving the growth of the global market. The supply chain of these films is highly dependent on a few major manufacturers including Covestro AG, Mitsubishi Chemical Corp., LG Chem Ltd., and SABIC among others. Therefore, the key polycarbonate manufacturers are focusing on production capacity expansions, partnerships, and distribution network expansion to contribute towards the proper supply of polycarbonate films in the market.
Growing Demand for Volatile Organic Compounds Drives the Growth of the Dimer Acid-Based (DAB) Polyamide Resin Market
Published: Jun 2024
Global dimer acid-based (DAB) polyamide resin market is anticipated to grow at a CAGR of 8.7% during the forecast period (2024-2031). The market growth is attributed to the increasing advancement of DAB resin formulations such as the development of low-volatile organic compound (VOC) formulations, increasing enhanced adhesion to various substrates, including metals, plastics, and composites, thermal stability and chemical resistance of DAB polyamide resins. 
Changing Lifestyle and Healthy Preferences are Driving the Market Growth
Published: Jun 2024
Global still bottled water market is anticipated to grow at a CAGR of 10.4% during the forecast period (2024-2031). A major factor supporting the market growth is the increasing consumer preference for healthy and convenient hydration options. With rising health consciousness and awareness of the importance of staying hydrated, consumers are shifting towards healthier beverage choices, including still bottled water. Additionally, concerns about water quality and safety have led consumers to choose bottled water as a reliable and convenient source of clean drinking water, especially in regions where tap water quality may be questionable.
Growing Technological Advancements to Drive the Market Growth
Published: Jun 2024
Global space heater market is anticipated to grow at a CAGR of 6.0% during the forecast period (2024-2031). The global space heater market is experiencing significant growth due to technological advancements. Consumers are increasingly tech-savvy, seeking appliances that integrate seamlessly with their lives. Manufacturers are incorporating smart features like Wi-Fi connectivity and smartphone app controls, allowing remote temperature adjustments and integration into smart home systems. Energy efficiency is a growing focus, with space heaters featuring eco modes and programmable thermostats for targeted heating and reduced energy consumption. 
Rising Urbanization and Cocktail Culture are contributing to Rum Market Growth
Published: Jun 2024
Global rum market is anticipated to grow at a CAGR of 5.5% during the forecast period (2024-2031). Growth in the global rum market is attributed to a change in consumer preferences for premium and craft spirits, globalization that makes it easy for people from across the world to exchange their culture among themselves. This has led to innovation in product diversification. The need for marketing strategies has also contributed to an increase in demand for rum products alongside cocktail culture development and mixology trends.
Ongoing Researches to Find Potential Application of Markerless Motion Capture Technology to Promote Global Market
Published: Jun 2024
Global markerless motion capture market is anticipated to grow at a CAGR of 15.1% during the forecast period (2024-2031). Ongoing research to find potential application of markerless motion capture technology in healthcare sector is anticipated to drive the global market. For instance, in April 2021, Southwest Research Institute launched a joint industry project (JIP) to advance markerless 3D analysis of biomechanics for sports and medical applications. The Markerless Motion Capture Joint Industry Project (M2CJ) will leverage the SwRI-developed BIOCAP technology. 
Technological Advancements to Make Log Splitting Process Efficient Drive Market Growth
Published: Jun 2024
Global log splitters market is anticipated to grow at a CAGR of 5.0% during the forecast period (2024-2031). Technological advancements are transforming the global log splitter market, as it makes the process more efficient, safer, and portable. These advancements enable log splitters to tackle tough logs with less effort, resulting in faster processing and less wasted energy. Noise reduction is also making log splitters more friendly to neighbors and users.
Advancements in Hunting Equipment and Accessories to Promote Global Demand
Published: Jun 2024
Global hunting equipment and accessory market is anticipated to grow at a CAGR of 7.4% during the forecast period (2024-2031). The development of technically advanced hunting equipment & accessories has led to global market demand. The developed products provide improved performance, precision, and usefulness, enticing hunters to upgrade and purchase advanced hunting equipment to improve their skills and success rates. Furthermore, novel hunting products such as range finders, GPS tracking systems, precision optics, and camouflage gears have transformed the market demand providing hunters with options for distance measurement, location tracking, and better vision, resulting in more successful hunts.
Increasing Application of Cleanroom Technology Products in Healthcare Driving Market Growth
Published: Jun 2024
Global cleanroom technology market is anticipated to grow at a CAGR of 9.4% during the forecast period (2024-2031). A major factor supporting the market growth is the increasing demand for contamination-free environments across various industries. Industries such as pharmaceuticals, biotechnology, and healthcare require controlled environments to prevent contamination during the production process. As technological advancements continue to drive innovation in these sectors, the need for cleanroom technology to maintain stringent cleanliness standards becomes imperative.
Require Precision in Developing Biopharmaceutical Products Driving the Market Growth
Published: Jun 2024
Global bioprocess monitoring market is anticipated to grow at a CAGR of 8.4% during the forecast period (2024-2031). The market growth is attributed in large part to the growing adoption of biopharmaceuticals and biotechnology processes. As a result, there is a growing need for more reliable and accurate bioprocess monitoring instruments. Examples of these products include vaccines, recombinant proteins, and monoclonal antibodies. As the demand for biopharmaceuticals, vaccines, and biologics continues to rise, there is a corresponding need for efficient and reliable bioprocess monitoring solutions to ensure product quality, consistency, and regulatory compliance.