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IMPACT ANALYSIS OF COVID-19 ON Healthcare INDUSTRY
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IMPACT ANALYSIS OF COVID-19 ON Information & Technology INDUSTRY
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Get Covid 19 Impact on CMFE (Chemical, Material, Food & Energy) Industries
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Induction Motors Market
The Automotive Industry is expected to see substantial growth in the use of induction motors. In 2023, this segment was valued at $2,911.20 million and is projected to increase to $4,712.26 million by 2031, reflecting a CAGR of 6.26%. The rising demand for electric vehicles (EVs) and the continuous innovation in automotive technology are key drivers of this growth, necessitating efficient and reliable motor solutions.
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NDT in Aerospace & Defense Market
North America leads in NDT revenue, with consistent growth from $661.72 million in 2020 to $1218.23 million in 2031, resulting in a Compound Annual Growth Rate (CAGR) of 6.65%. This region, home to major aerospace and defense manufacturers, exhibits steady growth.
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Fire Testing Market
Growth is projected from 2026 to 2031, with the global Fire Testing market increasing from $8435.29 million to $11275.50 million. This represents a Compound Annual Growth Rate (CAGR) of 5.87% during the period. The market's steady expansion indicates sustained demand and investment in fire testing services worldwide.
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Rising demand for low-profile LHDs in construction and mining
The global market for low-profile Load-Haul-Dump machines (LHDs) is experiencing a substantial upswing in interest from both the construction and mining sectors. This heightened demand can be attributed to the exceptional performance and productivity that these LHDs offer when compared to traditional excavators.
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The construction and infrastructure industry's anticipated rapid growth aligns with the burgeoning focus on sustainability and the circular economy, offering a significant opportunity for the cast polyurethane products market.
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NORTH AMERICA LEADS THE OVARIAN CANCER DIAGNOSTICS MARKET
In 2020, North America emerged as the leading region in the ovarian cancer diagnostics market, generating a revenue of USD 498.89 million, fueled by technological advancements in diagnostic technologies and favorable reimbursement policies contributing to the market growth in this region.
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THE EUROPEAN PUBLIC TRANSPORTATION....
The European Union has dedicated €30 billion towards transportation infrastructure development in its 2021-2027 budget. Moreover, the landscape of public transportation is anticipated to undergo a significant transformation due to technological advancements, particularly the emergence of autonomous vehicles.
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INCREASING ADOPTION OF CONTACT LENSES FOR COSMETIC PURPOSES
Contact lenses are increasingly being used as a cosmetic product to enhance the natural eye color or to create a different look for special occasions.
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GROWING ADOPTION OF ELECTRIC VEHICLES TO DRIVE THE MARKET
The market for automotive high voltage resistors has become more accessible by the increased adoption of electric vehicles due to the negative environmental effects of conventional gasoline automobiles and the rise in fuel prices
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SURGING ADOPTION OF NEW TECHNOLOGIES AND BYOD TREND
The BYOD (Bring Your Own Device) trend is the practice where employees use their personal devices to access organizational systems and data. It provides the flexibility in work, convenience, and decreases infrastructural cost for the enterprises, thereby increasing productivity and innovation.
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Latest Covid 19 Impact Analysis

The outbreak of COVID-19 pandemic has significantly the global marketplace. Since it’s outbreak in December 2019, many countries decided to adopt stringent lockdown policies. This, in turn, has impacted economic growth across the globe. However, certain industries such as biotechnology, biopharmaceuticals, healthcare, etc. have witnessed positive growth during the pandemic. The long-term effects of pandemic remain left to be seen.


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