Economic Impact of COVID-19 on Global Oil Industry
Published: Mar 2020
Coronavirus epidemics has a significant impact on the global oil industry as the crude oil price has declined significantly in a short time, which resulting declining share prices of oil companies. A wide range of energy markets, such as renewables, coal, and gas, has been affected by the coronavirus crisis.
Economic Impact of COVID-19 on Manufacturing Industry
Published: Mar 2020
A slowdown in the manufacturing practices due to COVID-19 outbreak has been disrupting the global trade. It is affecting the whole value chain ranging from raw material supply and manufacturing to retail sector.
Increasing Utilization of IoT Connectivity Propels the Growth of Power Over Ethernet (POE) Solutions Market
Published: Mar 2020
The growing utilization of IoT connectivity boosts the growth of Power Over Ethernet (POE) solutions market during the forecast period. The utilization of IoT technology in retail, healthcare, transportation and manufacturing industry is growing, the deployment of PoE aided routers and switches provide gigabit speed to connected devices is increases.
Technological Advancement is propelling the Growth of Personal Mobility Devices Market
Published: Mar 2020
Mobility devices that include crutches, sticks, wheelchairs, tricycles, walking frames, and orthoses are the common types of assistive technologies that utilize to enhanced personal mobility for the patient with disabilities. Mobility devices are the devices for people with disabilities as they facilitate their access to work, social life, and education enhanced their participation in their communities and growing their independence.
Rising Demand for Patient Lifting Equipment
Published: Mar 2020
The rising demand for patient lifting equipment in hospitals, home care settings, elderly care facilities is boosting the growth of the patient lifting equipment market. A patient lift is a sit-to-stand lift and it is an assistive device that allows patients in hospitals and people receiving home health care to be transferred by the use of electric lifting sling. Sling lifts used for lifting the patients whose mobility is confined.
The Advent Utilization in Oil & Gas Industry has Propelled the Growth of Offshore Crane Market
Published: Mar 2020
The offshore crane market is anticipated to witness a significant growth rate owing to high growth in oil & gas applications during the forecast timeline. The growth of the offshore crane market is propelling by the rising in offshore spending and increasing demand for the oil & gas industry, which is anticipated to increasing investments in developing economies such as India and China with reserves of oil & gas.
The Emergence of Cloud Computing Propels the Growth of Network as a Service Market
Published: Mar 2020
Extensive adoption of cloud services among enterprises and an increase in the development of new data center infrastructures is boosting the growth of the network as a service market during the forecast period. The cloud-based deployments that include Wi-Fi as a service that provides features include remote troubleshooting and centralized management with enables of cloud access points thereby decreasing overall capital expenditure and total cost of ownership.
Growing Applications in Automotive Industry Propels the Growth of Motion Sensor Market
Published: Mar 2020
The global motion sensor market is estimated to grow at a CAGR of 7.0% during the forecast period. The rising application in the end-user industry such as industrial, automotive, consumer electronics, aerospace & defense, healthcare, and others boost the growth of the motion sensor industry during the forecast period. The growing implementation of motion sensors across automotive applications propels product development by companies which contributes to market growth.
Growing Penetration of Contactless Payment Propels the Mobile Point of Sale Terminal Market
Published: Mar 2020
The increasing need for cashless payment and ease of transactions due to which the contactless payment has gained prominence in the payment technologies have result in the growth of the mobile point of the sale terminal market. There has been a rapid increase in cashless transactions during the forecast period.
Extensive Application in Consumer Electronics is Propelling the Growth of Micro LED Market
Published: Mar 2020
The growing of micro LED in various applications such as a smart watch, smartphone, and tablet, near to eye devices, television, a head-up display, and monitor and laptop are boosting the growth of the micro LED market during the forecast period. Micro LED display in smartwatches has major benefits includes requiring less power as compared to OLED display and much more energy efficient.