Industrial Research World

According to a study of Research Dive, global  EV charging infrastructure market  forecast shall surpass $18,589.0 million by 2026. The pollutant emissions from diesel-engine vehicles have necessitated strict government policies to back the alternative fuels and advanced vehicle technologies to improve the environmental performance. Rising demand for eco-friendly vehicles is one of the major factors for the EV charging infrastructure market growth. In addition, technology innovations combined with heavy investments in EV charging   infrastructure development is also projected to drive the growth of the global market. Contrary to this, high cost of fast charging stations is anticipated to decline the growth of the global EV charging infrastructure industry. PV (photovoltaic) based charging stations for electric vehicles can fulfill the rising demand of power by electric vehicles in upcoming years. This technology is mainly focusing on economic and technical feasibility. Furthermore, the

According to   global collaboration robot (Cobot)   analysis by Research Dive, the global market forecast will be   $8,840.5 million till 2026 , at an   41.2% CAGR, growing from $559.5 million in the year 2018.   Growing investments for automation processes in the manufacturing industry to minimize the labor expenditure along with increasing trend for installation of cobots in the end use industries are key driving factors for the collaborative market growth. Moreover, the cost of cobots has also decreased due to rapid growth in new product launches, which has resulted in profit on investments along with greater performance of collaborative robot with very low precision and high accuracy; this is further anticipated to enhance the market growth. Furthe rmore, cobots are designed to ensure a safe work place environment, particularly in applications where manmade mistakes can obstruct progress. Due to advantage of cobots, there is growing demand for cobots from several industries includi

  Data science platform market  is estimated to rise with a CAGR of 31.1% by generating a revenue of $224.3 billion by 2026. Asia-Pacific holds the highest growth rate, expecting to reach $80.3 billion during the forecast period. Data science is the preparation, extraction, visualization, and maintenance of information. Data science uses scientific methods and processes to draw the outcomes from the data. With the help of data science tools and practices one can recognize the data patterns. The person dealing with data science tools and practices uses meaningful insights from the data to assist the companies to take the necessary decision. Basically, data science helps the system to function smarter and can take autonomous decisions based on historical data. Many companies have a large set of data that are not being utilized.  Data science is majorly used as a method to find specific information from a large set of unstructured and structured data. Concisely, data science is a vast and

The global market for health and wellness is anticipated to account for   $6,543.4 million in 2026 , at a   4.8% CAGR increasing from $4,514.3 million in 2018. The significant drivers for the health and wellness market are increasing demand for health spas and mineral & thermal springs centers globally. Moreover, thermal and mineral springs have several therapeutic benefits including boosting blood circulation, reducing stress, relieving pain, healing skin diseases and afew other benefits. Also, taking frequent baths in thermal springs can reduce 46% of hypertension; this aspect will eventually boost the health and wellness market growth in the upcoming years. However, the huge expenditure is essential for the launching and maintaining of mineral & thermal springs and health spas, and these are key restraints for the global market size. In addition, price of the health and wellness products is also expected to hinder the market size.Increasing awareness among people about organ

  According to a study of Research Dive,theglobal automotive voice command system marketforecastshallcross $4,985.8million by 2026, growing at a CAGR of 19.4%. The enormously increasing sales of luxury vehicles with integrated comfort and safety features have accelerated the automotive voice command system market, over the forecast period. Governments, automotive manufacturers, and clients have become increasingly aware of the key advantages of the automotive voice command system. This will help to drive the growth of the market.Moreover, rising popularity ofvehicles equipped with advanced infotainment systems is also expected to propel the growth of the global automotive voice command system market during the projected period. Automotive voice command systems have the advantage of being more sophisticated and efficient; also this integrated systemoffers better drivingexperience and avoidsroad accidents. These key factors are anticipated to boost the growth of the automotive voice comm

  According to a new report published by Research Dive, the global portable oxygen kits market was accounted for $1,372.6 million in 2018, is projected to reach $2,616.8 million by 2026, and at 8.4% CAGR. Growing awareness among the people about prevalence of chronic obstructive pulmonary disease (COPD) and importance of portable oxygen kits while mountain climbing and participating in adventure activities are key drivers for the portable oxygen kit market growth. As per publication of American Academy of Allergy Asthma and Immunology, around 0.255 million people are suffering with respiratory problems in the world, and is anticipated to increase day by day, due to this, the demand for portable oxygen kit is increasing to diagnose the patients. Furthermore, rising demand of portable oxygen kits from aerospace & automotive industry for drivers and pilots to deliver constant oxygen source in the disaster sites and high speed vehicles is expected to drive the market growth over the pr

  As per the study conducted by Research Dive, the global  market for personal protective equipment   is set to register a revenue of $93.5 billion by 2026, at a healthy CAGR of 10.0% during the analysis period. The segmentation of the market has been done based on product and application. This report provides key insights on opportunities, drivers, restraints, vital segments, and industry leaders of the market.  COVID-19 Analysis:  The outbreak of the COVID-19 pandemic has made a considerable impact on the growth of the personal protective equipment market, during the period of forecast. The sustainability of the global personal protective equipment market is mainly attributed to the growing adoption of stringent regulatory policies regarding safe working environment of employees. Though the markets across the economies have implemented lockdown in order to curb the hazardous impact of the pandemic, the personal protective equipment market has shown growth in the global market. This i