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Showing posts from February, 2021

Eye Care Market to Grow at CAGR of 6.31% by 2026 | TechSci Research

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Increasing adoption of eyeglasses and lenses due to the rising myopic and hypermetropic population is expected to drive the growth of the Global Eye Care Market . According to recently released TechSci Research report  “Global  Eye Care Market  By Product Type (Eyeglasses, Contact Lens, Intraocular Lens, Eye Drops, Others), By Coating (Anti-Glare, UV coating, Others), By Lens Material (Normal Glass, Polycarbonate, Trivex, Others), By Distribution channel (Retail stores, E-commerce, Clinics, Hospitals), By Region, Forecast & Opportunities, 2026 F” ,  Global Eye Care Market is forecast to grow at CAGR of 6.31% in value terms to reach USD75.61 billion by 2026F .  Increasing demand for eyeglasses and lenses has been generated from the country’s rising children and geriatric population. Growing awareness towards eye health and increasing prevalence of various eye disorders, furthermore, increasing usage of electronic devices such as smartphones have led to various eye related disorders,

Vibration Energy Harvesting Systems Market to Reach USD 183 Million by 2024: TechSci Research

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Rising adoption of Internet of Things (IoT) applications and increasing demand for power-efficient and durable systems to propel the growth of vibration energy harvesting systems market through 2026. According to a report published by TechSci Research on  Global   Vibration Energy Harvesting Systems Market  By Product, By Application, By Region, By Company, Competition, Forecast & Opportunities, 2014-2024 , the global vibration energy harvesting systems market is projected to reach USD183 million by 2024, on account of increasing demand for clean energy sources and extensive implementation of IoT devices in automation and energy harvesting technology in building & home automation. Moreover, rising adoption of IoT devices that require costly battery changes and technological advancement in energy harvesting techniques are also propelling the growth of global vibration energy harvesting systems market during the forecast period. However, the high initial investment and cost of im

Turbine Control System Market to Surpass USD19 Billion until 2026 | TechSci Research

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Technological advancements coupled with favorable government regulations to drive global turbine control system market through 2026   According to TechSci Research report,  “ Global  Turbine Control System Market  By Type [Gas Turbine; Steam Turbine; Others], By Function [Speed Control; Load Control; Temperature Control; Pressure Control; Others], By Component [Sensors; HMI; Controllers; Software; Others] By Region, Competition, Forecast & Opportunities, 2026 ”,  global turbine control system market was valued USD13.95 billion in 2020 and is forecast to grow at a CAGR of over 4% in the next five years. Anticipated growth in the market can be attributed to increasing development of gas-fired power plants and surging focus on enhancing the operational efficiency of power generation. Turbine control systems play a crucial role in the electricity generation while maximizing the efficiency of turbine equipment, thereby enhancing its productivity. Due to continuous growth of industrializ

India Loan Against Property Market to Grow at a CAGR of Over 14% Through FY2026 | TechSci Research

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Increase in government focus to promote small and medium enterprises, affordable loan offers, and longer repayment tenures are the factors driving the India loan against property market. According to TechSci Research report,  “ India Loan Against Property Market   By Property Type (Self-occupied residential property, Rented Residential property, Commercial property, Self-owned plot & Others), By Type of Loan (Personal Loan, Business Loan, Building & Construction Loan, Others), By Interest Rate (Fixed Rate; Floating Rate), By Source (Bank & Housing Finance Companies (HFCs)), By Tenure (Upto 5 years; 6-10 years; 11-24 Years; 25-30 Years), By Region, Forecast & Opportunities, FY2026” , the country’s loan against property market is expected to register a CAGR of over 14% during FY2020-FY2026 and in value terms it is expected to reach around USD857.87 billion by FY2026. Loan against property is generally used by small businesses as a working capital finance, which has faced