Press Releases From 06/01/2018 Until 06/30/2018

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Trenchers Market to Register a Stout Growth by 2028

LogoTrenchers are construction equipment used to dig depressions in the ground, generally deeper than their width. At present, there are two types of trenchers. One is a wheel trencher and the other one is a ladder or chain trencher. Wheel trenchers consist of a large wheel with a lot of buckets attached to the circumference of the wheel. In the case of a ladder or chain trencher, the wheel is replaced by a chain wrapped with cutter blades or buckets and is spun using continuous track assembly. In both the cases, the rotating elements rotate at high speeds to take the mud off the ground; thus, digging the trenches on the ground. The dirt or mud thus removed is sent on to a conveyor attached to the wheel and the operation continues until the machine moves forward to dig in deeper trenches.

Marine Turbochargers Market to Register a Stout Growth by 2028

LogoMarine turbochargers are add-on mechanical equipment used to facilitate better combustion in marine engines. Turbochargers in marine engines tend to contribute for more than 75% of the power of the engine. A typical marine turbocharger consists of a single stage impulse turbine, which is connected to a centrifugal impeller with a shaft as a medium in between the two. The impulse turbine is driven by hot exhaust gases from the engine. These gases are expanded through a nozzle ring. Here, the pressure energy thus created is converted into kinetic energy. This energy is utilized by the turbine blades to rotate the turbine at high velocities. Thereafter, the gases move out of the system through an outlet valve. On the other side, fresh air enters the system through a compressor and the kinetic energy in it is converted into potential energy (pressure). The air is cooled before it enters the engine through an inlet valve.

Missile Guidance Radar Market to Register a Stout Growth by 2026

LogoMissile guidance radar system uses the principle of air-search radars to target the intercept regardless of whether the target makes an evasion action. The guidance function on a missile uses the information received from the target to locate it and move in the guided direction. The missiles have six degrees of freedom making it easier for them to change directions. A missile guidance radar uses radar signals transmitted from the launch aircraft or station and locks the target by tracking the energy reflected by it. Missile Guidance systems have two control modules namely, altitude control system and flight path control.

Pharmacy Automation Systems Market to Witness a Sharp Growth over 2014-2022

LogoPharmacy Automation Systems Market Report, published by Allied Market Research, forecasts that the global market was valued at $3,312 million in 2015, and is projected to reach $5,602 million by 2022, growing at a CAGR of 7.8% from 2016 to 2022.The automated medication dispensing systems held over half of the share of the global market in 2015.

Transdermal Drug Delivery Systems Market Is Getting More Traction in the Near Future

LogoAccording to a new report published by Allied Market Research, titled, "Transdermal Drug Delivery Systems Market by Type of Delivery System and Application: Global Opportunity Analysis and Industry Forecast, 2017-2023," the global transdermal drug delivery systems market was valued at $ 32,516 million in 2016, and is projected to reach $61,689 million by 2023, growing at a CAGR of 9.5% from 2017 to 2023. The passive system segment held more than three-fifths share of the total market in 2016.

Renal Denervation Market Size Is Set to Grow at a Remarkable Pace in the Coming Years

LogoRenal Denervation Market Report, published by Allied Market Research, forecasts that the global market was valued at $197 million in 2015, and is expected to reach $3,153 million by 2022, supported by a CAGR of 48.5% during the forecast period 2014 - 2022. Symplicity Renal Denervation System is estimated to continue generating highest revenue throughout the forecast period, owing to growing number of product approvals across the globe. Europe held the leading position in the global market in 2015, and is expected to maintain its lead in the future.

The Contactless Payments Market Industry Expected to Reach $25,565 Million, Globally, by 2023

LogoContactless Payments Market by Device Type and Industry Vertical: Global Opportunity Analysis and Industry Forecast, 2017-2023, the global contactless payments market was valued at $6,734 million in 2016, and is projected to reach at $25,565 million by 2023, growing at a CAGR of 21.2% from 2017 to 2023. In 2016, the mobile devices segment accounted for the highest revenue share in the contactless payments market.