Techno Research

  The global  active wheelchair market   size is expected to reach USD 2.3 billion by 2027, expanding at a CAGR of 4.4%, according to a new report by Grand View Research, Inc. Surge in the geriatric and disabled population along with the rising prevalence of chronic diseases in the geriatric population are some of the key factors propelling the market growth.   Aging usually reduces the ability to move and perform physical tasks to maintain independent functioning. The increasing geriatric population is likely to create more demand for active wheelchairs over the forecast period. Moreover, they are more prone to falls, which can cause fatal or non-fatal injuries. The Western Europe region has the highest fall-related incidence and mortality rates in aged people. As per a research article published by Injury Prevention, in 2017, around 11.7 million aged people sought medical attention due to an injury, of which 8.4 million were owing to fall-related injuries. An in...

  The  Germany pharmaceuticals market  size is expected to reach USD 65.9 billion by 2027, expanding at a CAGR of 6.0%, according to a new report by Grand View Research, Inc . Factors such as the rising prevalence of acute and chronic diseases and increasing R&D expenditure by pharmaceutical companies are expected to drive the market.   Furthermore, rising clinical trials and approval of novel immune-suppressive therapies are anticipated to propel market growth. For instance, in June 2020, Sandoz International GmbH launched Dailiport capsules (generic tacrolimus) in Germany and other European countries. Dailiport capsules are indicated for adult kidney and liver transplant patients. In addition, the export of pharmaceutical products by pharmaceutical companies in Germany to various countries is expected to fuel market growth. For instance, according to Germany Trade and Invest, in China, 22.0% of imported pharmaceutical products are from German companies. K...

  The global  electronic skin market  size is expected to reach USD 19.6 billion by 2027, expanding at a CAGR of 20.5%, according to a new report by Grand View Research, Inc. The rising number of geriatric population and continuous technological advancements are driving the market. Moreover, in the e-textile area, researchers are using  3D printing  to make material that can store and harvest electricity as well as fulfill fashion demand. These players are focusing on the miniaturization of products and continuous technological development. The major players in the industry are investing in research and development activities and are continuously innovating their products.   For Instance, Xenoma is developing an e-skin that monitors fitness and health with printed circuit fabrics. Many researchers are addressing electronic skin due to its relevant application in robotics and biomedical system. Thin soft sensors that stick onto the skin are transforming...

  The global  workload scheduling and automation market  size is expected to reach USD 3.65 billion by 2027, registering a CAGR of 6.5%, according to a new study conducted by Grand View Research, Inc. Continued  digital transformation  and penetration of  cloud computing  coupled with the growing demand for scalability are expected to drive the market growth. As application development in the IT industry is gradually gaining pace, developers are exploring different means to make the application delivery process more scalable and agile. At the same time, the demand for integrated workload automation is growing in line with the need to accelerate the time from design to delivery. All these factors bode well for market growth.   Workload scheduling and automation can potentially help enterprises reduce manual errors, improve the execution of batch tasks, and optimizing storage and job scheduling. Workload scheduling and automation solutions can ...

  The global  virtual client computing software market  size is expected to reach USD 46.85 billion by 2027, registering a CAGR of 23.0% from 2020 to 2027, according to a new report by Grand View Research, Inc. The need to increase employee productivity, cost saving to ease economic pressure on businesses, and need to enhance security and simplify management are some major factors driving the market. Virtual Client Computing (VCC)solves various issues related to security by providing data management capabilities, securing the network from cyber-attacks, and faster processing speeds, necessary for the  IoT  adoption in devices. Furthermore, the adoption of BYOD policy in the organizations is anticipated to drive the market growth for VCC.   Increasing network infrastructure complexity and requirement of huge capital investment to set up new network infrastructure are boosting the demand for virtual client computing software. The growing data bandwidth r...

  The global  contactless biometrics technology market  size is expected to reach USD 30.15 billion by 2027, registering a Compound Annual Growth Rate (CAGR) of 20.3% from 2020 to 2027 , according to a new study by Grand View Research, Inc. Rising demand for security and surveillance owing to the increasing threats of terrorist attack and penetration of contactless biometrics solutions in enterprise applications is anticipated to propel the market growth. The demand is steadily increasing amid the COVID-19 outbreak. This pandemic has also influenced various digital businesses, which are now developing facial recognition systems to secure their online platforms.   Rise of digital banking across the globe is a major impetus behind the introduction of voice and facial recognition in banking and financial sector. For instance, in June 2016, Citigroup Inc. introduced voice biometrics to verify customer’s identities. The use of contactless biometrics authentication for...

  The  India Automotive market  demand is expected to reach 6,920,991 units by 2027, according to a study conducted by Grand View Research, Inc. It is anticipated to register a CAGR of 11.3% from 2020 to 2027. The automotive demand is driven by the rapid adoption of technology and the strong policy support from the government. Additionally, increasing awareness about environmental concerns resulting in the adoption of alternate fuel vehicles (CNG, EVs), which, in turn, is driving the market growth.   Technological advancements in the entire supply chain are anticipated to drive the market in the next seven years. For instance, companies are adopting alternate channels such as e-commerce websites to sell vehicles. Selling commercial vehicles through e-commerce websites helps the OEMs in widening their distribution network and reducing the infrastructure and labor costs. For example, Eicher Motors Limited has recently launched five new vehicles that are exclusively a...