Articles from FN Media Group LLC
Space Battery Technology Market Size Projected to Reach $6.56 Billion by 2032 Playing a Critical Role in Space Exploration
PALM BEACH, Fla., Dec. 03, 2024 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - The space battery market is expanding swiftly as improved batteries meet the high-demand needs of space missions with superior energy density, safety, and lightweight performance. The progress of orbital and space exploration presents a substantial market potential for the space battery industry. The need for dependable energy storage solutions is at an all-time high due to increased exploration missions by governmental organizations like NASA and ESA, as well as ambitious projects by private companies such as SpaceX and Blue Origin. These groups are not just centered on sending satellites into orbit but also taking part in exploring the moon and Mars. As these efforts increase, the demand for space batteries that are both efficient and long-lasting, able to endure harsh conditions in outer space, becomes crucial. According to a recent industry report from Introspective Market Research, the Space Battery Market Size Was Valued at USD 3.66 Billion in 2023, and is Projected to Reach USD 6.56 Billion by 2032. The report said: “The market for space batteries is an exciting and quickly growing sector in the energy storage industry, set to be crucial in upcoming space exploration endeavors. Fueled by a rise in space missions from government agencies and private companies, this market is seeing unparalleled expansion. Space batteries are customized to endure harsh environments, ensuring a consistent, lasting energy supply for spacecraft like satellites, rovers, and space stations. Due to advancements in lithium-ion and solid-state technologies, these batteries now possess greater energy densities and extended service lives, rendering them better equipped to handle the demanding requirements of space exploration.” Active companies in news today include: KULR Technology Group, Inc. (NYSE: KULR), FREYR Battery (NYSE: FREY), Sunrun (NASDAQ: RUN), Tesla, Inc. (NASDAQ: TSLA), Sidus Space (NASDAQ: SIDU).
By FN Media Group LLC · Via GlobeNewswire · December 3, 2024
Nasdaq Giants and Rising Innovators Face Critical Earnings Reports This Quarter
PALM BEACH, Fla., Oct. 24, 2024 (GLOBE NEWSWIRE) -- FN Media Group Market Commentary - Investors Brace for a High-Stakes Earnings Season as Key Players in Tech, EVs, and AI Reveal Their Performance. As earnings season heats up, several companies listed on the Nasdaq exchange are under the microscope. From emerging innovators to established market leaders, each faces unique challenges that will be revealed in their quarterly reports. The stakes are high, with market sentiment, stock prices, and future growth trajectories hanging in the balance. This quarter, Siyata Mobile (NASDAQ: SYTA), Rivian (NASDAQ: RIVN), Tesla (NASDAQ: TSLA), and Nvidia (NASDAQ: NVDA) are at critical junctures that could shift the momentum of their stocks and influence broader market trends.
By FN Media Group LLC · Via GlobeNewswire · October 24, 2024
How Battery Cell Technology is Playing an Extremely Vital Role in Space Exploration
PALM BEACH, Fla., Dec. 03, 2024 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - A recent report from Introspective Market Research projected that the Space Battery Market Size is predicted to show a 6.56% CAGR through 2032. In the rapidly advancing space industry, the demand for reliable, efficient, and innovative battery cell technology has become paramount. From enabling satellite operations and interplanetary missions to supporting the growing commercial space economy, energy storage solutions are at the heart of modern aerospace advancements. Space Battery Cells play a vital role in Space Missions. Battery cells are indispensable for space exploration due to their ability to store and deliver energy in harsh, unforgiving environments characterized by: Extreme Temperatures: Operating effectively in the vast thermal fluctuations of space; Radiation Exposure: Withstanding the high radiation levels of outer space; and Microgravity: Functioning optimally in weightless conditions. These batteries power a wide range of applications, including: Satellites and Orbital Platforms: Ensuring consistent energy for Earth observation, communication, and scientific data collection; Lunar and Deep Space Missions: Enabling spacecraft, landers, and rovers to operate autonomously in remote environments; and Rocket Propulsion Systems: Supporting reusable and expendable rocket technology. The integration of cutting-edge battery technology is crucial for overcoming the challenges of space exploration. Reliable energy systems ensure mission success, enable groundbreaking scientific discoveries, and support the sustainable growth of the space economy. Active companies in news today include: KULR Technology Group, Inc. (NYSE: KULR), Rocket Lab USA, Inc. (NASDAQ: RKLB), Planet Labs PBC (NYSE: PL), Intuitive Machines, Inc. (NASDAQ: LUNR), Solid Power, Inc. (NASDAQ: SLDP).
By FN Media Group LLC · Via GlobeNewswire · December 3, 2024
Global Medical Service Robotics Market Project to Exceed $20 Billion in 2024 with Additional Growth Expected
PALM BEACH, Fla., Dec. 03, 2024 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - Innovations in robotics technology, including artificial intelligence, machine learning, and sensor technology, are enhancing the capabilities of medical robots. These advancements enable more precise surgical procedures, improved rehabilitation processes, and efficient hospital logistics, thus attracting more healthcare facilities to adopt robotic solutions. The market is characterized by a moderate level of merger and acquisition (M&A) activity by the leading players. This is due to several factors, including the desire to expand the business to cater to the growing demand for medical service robots. A report from Grand View Research said that the global medical service robots market size was estimated at USD 20.59 billion in 2024 and is projected to grow at a CAGR of 16.5% from 2025 to 2030. It said: “The growth can be attributed to the introduction of technologically advanced robotic equipment in the healthcare sector and the rise in per capita healthcare spending. Continuous advancements in technology, such as robotic catheter control systems (CCS), data recorders, data analytics, remote navigation, motion sensors, 3D-Imaging, and HD surgical microscopic cameras, are projected to drive industry growth. Furthermore, the introduction of swarm robotics is opening new opportunities for industry. It is a new approach to coordinating multi-robotic systems through swarm intelligence.” Active Tech Companies in the markets today include Jeffs' Brands Ltd (NASDAQ: JFBR), Serve Robotics Inc. (NASDAQ: SERV), Symbotic Inc. (NASDAQ: SYM), Microbot Medical Inc. (NASDAQ: MBOT), Medtronic plc (NYSE: MDT).
By FN Media Group LLC · Via GlobeNewswire · December 3, 2024
Big Boon for Drone Manufacturers as Drone Usage for Defense and Military Operations Surge
PALM BEACH, Fla., Nov. 22, 2024 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - Military warfare today is shifting from the conventional notion that better firepower provides an edge on the battlefield, to which side has the better intelligence, surveillance, and reconnaissance (ISR) capabilities. This phase of electronic warfare has created a huge demand for the use of Military Drones (UAVs) in the military sector. UAVs do not need a crew on-board for flight, and can be autonomous or remotely-controlled by human personnel from a safe distance. A recent industry report on Military Drones said that: “Aside from ISR, UAVs are also employed for offenses. UAVs as big as a small aircraft have the capacity to carry missiles into the battlefield, while autonomous UAVs, also called drones, which can be the size of a wingspan of a bird, are used for kamikaze warfare. Such capabilities make drones a must-have for any military, allowing for major push-back to the enemy from the safety of the ground stations. For instance, in April 2023, Ukraine announced that it had procured over 300 DJI Mavic 3T UAVs and send on the front lines. The thermal and zoom capabilities of these UAVs make them ideal to gather intelligence on ground zero.” Military Drones added that: “By Product Type: Fixed Wing Segment to Hold Major Share Owing to its Increasing Use for Long Distance Operations - By product type, the market is classified into rotary wing, fixed wing, and hybrid wing. The fixed wing segment held the highest share of the military drone market in 2023 and is expected to continue its dominance during the projected period. Compared to VTOL UAVs, fixed-wing aircraft are able to carry heavier loads for longer flight times while using less power. This implies they are best suited for missions, including mapping, strategic defense, defense, and surveillance, which require high durability. Various military authorities globally use it to great effect in the defense industry. All these factors drive the segment growth during the projected period.” Active Tech Companies in the markets today include ZenaTech, Inc. (NASDAQ: ZENA), AgEagle Aerial Systems Inc. (NYSE: UAVS), Lockheed Martin Corporation (NYSE: LMT), RTX Corporation (NYSE: RTX), Red Cat Holdings, Inc. (NASDAQ: RCAT).
By FN Media Group LLC · Via GlobeNewswire · November 22, 2024
Military Drone Market Size Projected to Skyrocket as Demand Jumps on Heels of Global Uncertainty
PALM BEACH, Fla., Nov. 22, 2024 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - Military drone technology has undergone significant advancements in recent years, with key developments in stealth technology, artificial intelligence (AI) and autonomous flight, and swarming technology. Stealth drones are designed to evade enemy radar detection, making them virtually invisible during reconnaissance and combat missions. These drones are constructed with special materials and shapes that reduce their radar cross-section, rendering them difficult to detect even by advanced radar systems. Numerous industry reports are very optimistic on the market’s future. In fact, a report from Fortune Business Insights projected that: “The military drone market size was valued USD 14.14 billion in 2023 and is projected to grow from USD 16.07 billion in 2024 to USD 47.16 billion by 2032, exhibiting a CAGR of 13.15% during the forecast period. North America dominated the military drone market with a market share of 36.1% in 2023. Moreover, the military drone market size in the U.S. is projected to grow significantly, reaching an estimated value of USD 10.71 billion by 2030, driven by an increasing R&D investment by industry players such as Sikorsky, Boeing, among other regional players.” Active Tech Companies in the markets today include ZenaTech, Inc. (NASDAQ: ZENA), Northrop Grumman Corporation (NYSE: NOC), Safe Pro Group Inc. (NASDAQ: SPAI), EHang Holdings Limited (NASDAQ: EH), AeroVironment, Inc. (NASDAQ: AVAV).
By FN Media Group LLC · Via GlobeNewswire · November 22, 2024
How Artificial Intelligence (AI) Influence on Nuclear Energy Industry is Providing Lucrative Opportunity
PALM BEACH, Fla., Nov. 20, 2024 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - The partnership between Artificial Intelligence (AI) and nuclear power is a natural evolution in the quest for sustainable technological progress. As companies like NuScale, Nano Nuclear, Oklo, Nvidia, and KULR continue to innovate in nuclear technology, and industry leaders like NVIDIA champion its adoption, the future of AI looks increasingly green and sustainable. Nuclear power not only provides the energy scale and reliability required by AI-driven data centers but also helps address the global need for climate action. With this synergy, the growth of AI can be achieved without compromising the health of our planet. A recent report from InsightAce Analytic projected that AI in Nuclear Energy Market is a growing trend with the potential to impact the industry significantly. AI technologies can enhance safety, improve efficiency, and optimize operations in the nuclear sector. The use of AI in nuclear energy is expected to help improve safety, reduce costs, and extend the lifespan of existing facilities, making nuclear power a more attractive and sustainable energy source. There is rising interest in small modular reactors (SMRs), and AI can be used to optimize their design and operation. However, it remains a vital part of the energy mix in many countries and is undergoing technological advancements, with AI playing an increasing role. Key aspects of the market include Predictive Maintenance, Enhanced Monitoring, Radiation Monitoring, Nuclear Security, Nuclear Fuel Cycle Optimization, Simulation and Training, and Data Analytics. The growth and adoption of AI in the nuclear energy market are dynamic and subject to various external factors, including regulatory changes, technological advancements, and public sentiment. Active companies in news today include: KULR Technology Group, Inc. (NYSE: KULR), Amazon.com, Inc. (NASDAQ: AMZN), Alphabet Inc. (NASDAQ: GOOGL), Microsoft Corporation (NASDAQ: MSFT), Oracle Corporation (NYSE: ORCL).
By FN Media Group LLC · Via GlobeNewswire · November 20, 2024
Artificial Intelligence (AI) Reshaping Healthcare Industry with Unimaginable Potential
PALM BEACH, Fla. , Nov. 20, 2024 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - The Healthcare Artificial Intelligence (AI) market exhibits a high degree of innovation, characterized by ongoing advancements in technology. Rapid developments in ML, deep learning, NLP, and computer vision are driving the evolution of AI-powered healthcare solutions. One primary factor driving market growth is the increasing demand in the healthcare sector for enhanced efficiency, accuracy, and better patient outcomes. According to a March 2024 Microsoft-IDC study, 79% of healthcare organizations are presently utilizing AI technology. In addition, the return on investment (ROI) is realized within 14 months, generating USD 3.20 for every USD 1 invested in artificial intelligence (AI). AI technologies hold transformative potential in various areas including medical imaging analysis, predictive analytics, personalized treatment planning, and drug discovery, potentially transforming conventional healthcare practices. A report from Grand View Research said the global AI in healthcare market size, which was estimated at USD 19.27 billion in 2023, is expected to grow at a CAGR of 38.5% from 2024 to 2030. The report said: “Mergers & acquisitions (M&As) play a significant role in shaping the healthcare AI market landscape. Companies [that] engage in M&A activities to expand their AI software and services increase their market reach or acquire specialized technology and expertise. End-users are becoming increasingly aware of the potential benefits of AI in improving patient care, operational efficiency, and healthcare outcomes. Education initiatives and industry events helped raise awareness about the capabilities and applications of AI in healthcare.” A.I. companies active in the markets include: Avant Technologies Inc. (OTCQB: AVAI), Teladoc Health, Inc. (NYSE: TDOC), Tempus AI, Inc. (NASDAQ: TEM), Medtronic plc (NYSE: MDT), Clover Health Investments, Corp. (NASDAQ: CLOV).
By FN Media Group LLC · Via GlobeNewswire · November 20, 2024
Big Opportunity for EV & Recreational Industries as Global Electric Boat Market Expected to Reach $20.2 Billion By 2032
PALM BEACH, Fla., Nov. 18, 2024 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - Industry experts are predicting that the Global Electric Boat market is expected to continue to its substantial growth at a for years to come. A recent report released on November 9, 2024 said that: “The Electric Boat market is expected to grow from USD 7,964.355 million in 2024 to USD 20,217.86 million by 2032, at a compound annual growth rate (CAGR) of 12.35%. As sustainability becomes a top priority for consumers, there is a noticeable shift towards eco-friendly transportation options like electric boats. These vessels cater to those seeking peaceful recreational experiences such as fishing, cruising, and sightseeing, while also appealing to individuals who prioritize environmental impact. Electric boats are also gaining traction among high-end consumers due to their association with luxury, exclusivity, and innovative design, offering a premium, sustainable boating experience. The Electric Boat market is driven by the increasing demand for eco-friendly transportation solutions, advancements in battery technology, and government regulations promoting sustainable maritime practices. The growing focus on reducing carbon emissions and operating costs is accelerating the adoption of electric boats across commercial and recreational sectors. Additionally, the rise in consumer awareness regarding environmental issues and the shift towards renewable energy sources further fuel market growth. Key trends include the development of more efficient and longer-lasting batteries, expanding electric boat infrastructure, and the introduction of innovative designs to improve performance and affordability.” Active companies in the markets this week include: Vision Marine Technologies Inc. (NASDAQ: VMAR), Tesla, Inc. (NASDAQ: TSLA), Winnebago Industries, Inc. (NYSE: WGO), Brunswick Corporation (NYSE: BC), MasterCraft Boat Holdings, Inc. (NASDAQ: MCFT).
By FN Media Group LLC · Via GlobeNewswire · November 18, 2024
Global Mortgage Lender Market Expected to Grow to $1.8 Trillion In 2028
PALM BEACH, Fla. , Nov. 14, 2024 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - The Global Mortgage Lender Market is expected to grow at a substantial rate for years to come. A mortgage lender refers to a financial institution or company that provides loans for purchasing or refinancing real estate properties. A mortgage lender allows individuals or businesses to borrow funds to acquire residential or commercial properties. The main type of mortgage lenders is residential and commercial estate. Residential refers to properties or locations that are primarily utilized for housing or living. The various providers are banks, credit unions, and mortgage brokers, with various mortgage rates, including fixed-rate and adjustable-rate, and various repayment periods, including short-term and long-term. These are used in various applications such as new houses and second-hand houses. A report from The Business Research Company said that: "The mortgage lender market size has grown rapidly in recent years. It grew from $1024.5 billion in 2023 to $1158.58 billion in 2024 at a compound annual growth rate (CAGR) of 13.1%. The growth in the historic period can be attributed to increased interest rates, increased costs of living, increased per capita income, population growth, credit market tightening." Active fintech/lending companies in the markets this week include: Pineapple Financial Inc. (NYSE American: PAPL), NerdWallet, Inc. (NASDAQ: NRDS), LendingClub Corporation (NYSE: LC), Freddie Mac (OTCQB: FMCC), LendingTree, Inc. (NASDAQ: TREE).
By FN Media Group LLC · Via GlobeNewswire · November 14, 2024
End-Use Applications Rising for Uranium as Market Expected to Reach $1.81 Billion in 2028
PALM BEACH, Fla., Nov. 13, 2024 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - The uranium ore market is expected to continue substantial growth over the next several years. A report from the Business Research Company said: “The uranium ore market size has grown strongly in recent years. It will grow from $1.11 billion in 2023 to $1.21 billion in 2024 at a compound annual growth rate (CAGR) of 9.5%. It continued: “The uranium ore market size is expected to see strongly grown in the next few years. It will grow to $1.81 billion in 2028 at a compound annual growth rate (CAGR) of 10.5%. The growth in the forecast period can be attributed to government policies and incentives, focus on carbon emission reduction, geopolitical stability, exploration and discovery of new uranium deposits, public perception and social acceptance. Major trends in the forecast period include advancements in nuclear technology, development of in-situ recovery (ISR) technology, focus on uranium enrichment technologies, increased scrutiny on environmental and social impact, and diversification of uranium end-use applications. The growth in the historic period can be attributed to the nuclear power plant construction boom, the cold war and military demand, the Chernobyl and three-mile island incidents, global economic trends, and changes in the regulatory environment.” Active mining/energy companies in the markets this week include: Mustang Energy Corp. (OTCQB: MECPF) (CSE: MEC), Denison Mines Corp. (NYSE American: DNN) (TSX: DML), Uranium Energy Corp (NYSE American: UEC), ATHA Energy Corp. (OTCQB: SASKF) (CSE: SASK), Centrus Energy Corp. (NYSE American: LEU).
By FN Media Group LLC · Via GlobeNewswire · November 13, 2024
Global Gold Mining Markets Are Likely to Reach $274 Billion By 2032 as Mining Operations Ramp Up
PALM BEACH, Fla. , Nov. 13, 2024 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - The increasing demand for gold across various sectors, including jewelry, technology, and investment, significantly drives the gold mining market. In the jewelry industry, gold's aesthetic appeal and cultural significance, particularly in countries such as India and China, fuel its demand. Additionally, gold's excellent conductivity and resistance to corrosion make it indispensable in the electronics industry for manufacturing components such as connectors and circuit boards. Furthermore, economic uncertainties often boost gold's status as a haven asset, prompting investors to increase their holdings in gold, thereby driving up its demand and, consequently, mining activities. A report from DataIntello said the global gold mining market size was USD 208.9 Billion in 2023 and is likely to reach USD 274.2 Billion by 2032, expanding at a CAGR of 3.50% during 2024–2032. The market growth is attributed to the impact of automation and robotics in mining operations. The report said: “Automation and robotics have transformed mining operations, making them safer, more efficient, and less labor-intensive. In gold mining, automated drilling systems operate continuously, reducing the need for human intervention and enhancing productivity. Robotic equipment is being used for tasks that are dangerous for humans, such as deep underground operations or in environments that are hazardous due to unstable mine structures or the presence of toxic gases. These technologies improve safety and decrease variability in performance, leading to predictable and optimized outcomes. Furthermore, automation enables real-time data collection and monitoring of mining activities, which assists in precise resource management and operational planning.” Active mining companies in the markets this week include: South Pacific Metals Corp. (OTCQB: SPMEF) (TSX-V: SPMC), K92 Mining Inc. (OTCQX: KNTNF) (TSX: KNT), Newmont Corporation (NYSE: NEM) (TSX: NGT), Founders Metals Inc. (OTCQX: FDMIF) (TSX-V: FDR), SNOWLINE GOLD CORP (OTCQB: SNWGF) (TSX-V: SGD).
By FN Media Group LLC · Via GlobeNewswire · November 13, 2024
Why Social Media Platforms Have Become a Powerful Space for Content & Advertising Opportunities
PALM BEACH, Fla., Nov. 12, 2024 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - Social media platforms have evolved into powerful ecosystems where users, businesses, and influencers converge, making it an unparalleled space for marketing, advertising, and content creation. As of 2024, we’ve witnessed seismic shifts in the way social media generates revenue, primarily through advertising, influencer partnerships, and direct sales. According to Medium.com, said: “Platforms like TikTok, YouTube Shorts, and Instagram Reels have proven that short-form video content is here to stay. The question now is how to monetize this type of content effectively. Advertisers and social media companies have already begun testing various formats, including: Sponsored short videos: Brands collaborating with influencers to create quick, engaging sponsored content; Programmatic ads: Inserting programmatic ads between short-form videos, similar to how traditional TV commercials work; and Revenue-sharing models: Offering creators a cut of the ad revenue generated by their short-form content. By (the end of) 2025, these models are likely to become more sophisticated, with AI helping brands deliver highly targeted ads within short-form videos. Moreover, we may see a broader adoption of “native shopping” within these videos, allowing users to shop directly from the content they’re viewing.” Active companies in the markets this week include: Thumzup Media Corporation (NASDAQ: TZUP), Meta Platforms, Inc. (NASDAQ: META), Reddit, Inc. (NYSE: RDDT), IZEA Worldwide, Inc. (NASDAQ: IZEA), The Trade Desk, Inc. (NASDAQ: TTD).
By FN Media Group LLC · Via GlobeNewswire · November 12, 2024
Global Artificial Intelligence (AI) Influence on Healthcare Market Expected to Reach $148 Billion By 2029
PALM BEACH, Fla., Nov. 12, 2024 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - According to experts tracking the artificial intelligence (AI) infrastructure market, the growth of the AI in Healthcare industry is driven by the growing need for improvised healthcare services due to the imbalance between the healthcare workforce and patients, improving computing power, and declining hardware cost. A report from MarketsAndMarkets said that the AI in Healthcare industry is projected to grow from USD 20.9 billion in 2024 and is estimated to reach USD 148.4 billion by 2029; it is expected to grow at a Compound Annual Growth Rate (CAGR) of 48.1% from 2024 to 2029. AI plays a pivotal role across diverse healthcare applications, necessitating the implementation of sophisticated algorithms for tasks ranging from patient data analysis to drug discovery. Its applications span patient care, risk analysis, lifestyle management, precision medicine, medical imaging, and more. Successful AI deployment hinges on comprehensive services such as deployment, integration, and ongoing support and maintenance. Machine learning revolutionizes computing by training systems to learn from data without explicit programming. Instead of predefined instructions, machine learning relies on algorithms to discern patterns and relationships in data, enhancing accuracy and performance with increased exposure to information. Key attributes include data-driven processes, adaptability to new data, and the absence of explicit programming. In healthcare, machine learning intersects with AI, offering transformative applications. It aids in medical diagnosis and imaging by detecting diseases in early stages through image analysis and predicting risks based on electronic health records. Active A.I. companies active in the markets include: Avant Technologies Inc. (OTCQB: AVAI), C3 AI (NYSE: AI), NVIDIA Corporation (NASDAQ: NVDA), Palantir Technologies Inc. (NYSE: PLTR), SoundHound AI, Inc. (NASDAQ: SOUN).
By FN Media Group LLC · Via GlobeNewswire · November 12, 2024
As Applications & Uses Expand the Global Silica Market Size Expected to Reach $96 Billion By 2031
PALM BEACH, Fla., Nov. 12, 2024 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - The global silica market has witnessed significant growth in recent years due to its wide range of applications across various industries. Silica, also known as silicon dioxide, is a naturally occurring compound found in abundance in the Earth's crust. It is available in different forms, such as quartz, sand, and silica gel, and is valued for its properties like high strength, hardness, and resistance to heat and chemicals. One of the major drivers for the global silica market is the increasing demand from the construction industry. Silica is a key ingredient in the production of concrete, where it is used as a filler and reinforcement material. A report from SKYQUEST projected that the Global Silica Market size, which was valued at USD 41.20 billion in 2022, is poised to grow from USD 45.28 billion in 2023 to 96.36 USD billion by 2031, growing at a CAGR of 9.9% during the forecast period (2024-2031). The report said: “The growing construction activities, particularly in emerging economies, have boosted the demand for silica. Additionally, the rising trend of using silica in green and sustainable construction practices has further propelled its market growth. Furthermore, the healthcare and personal care industries are emerging as significant consumers of silica. Silica is widely used in pharmaceuticals, cosmetics, and personal care products due to its absorbent and abrasive properties. It finds applications in toothpaste, skincare products, and dietary supplements. The increasing awareness regarding personal hygiene and wellness has led to a rise in the demand for silica in these sectors.” Active companies in the markets this week include: SILICON METALS CORP. (CSE:SI), Homerun Resources Inc. (OTCQB: HMRFF) (TSX-V: HMR), Quebec Innovative Materials Corp. (OTCPK: QIMCF) (CSE: QIMC), HP Inc. (NYSE: HPQ), Argyle Resources Corp. (OTCQB: ARLYF) (CSE: ARGL).
By FN Media Group LLC · Via GlobeNewswire · November 12, 2024
U.S. Commercial Drone Market Size Estimated to Reach a Value of $ 31 Billion By End of 2034
PALM BEACH, Fla., Oct. 31, 2024 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - The commercial drone industry is witnessing rapid growth and transforming various sectors such as agriculture, delivery and logistics, and energy among others. Advancements in drone technologies have led to increased demand and utilization in industries such as filming, emergency response, construction, and real estate. Additionally, drone software solution providers and manufacturers are continuously innovating and upgrading their offerings to cater to diverse market needs. As governments establish regulatory frameworks, the integration of drones into industries is expected to accelerate. This, in turn, is likely to create lucrative opportunities for market expansion over the forecast period. A report from Grand View Research projected that the U.S. commercial drone market size is expected to grow at a compound annual growth rate (CAGR) of 9.1% through 2030. The report said: “Furthermore, favorable legislations and rising use of commercial drones by authorities in the U.S. is expected to attract various industries to utilize drones for different processes. Similarly, government authorities across the region are constantly working on framing new regulations for the commercial applications of drones. This is attributed to increased focus on the adoption of commercial drones due to their economic potential, while prioritizing the safety and security of the country. This, in turn, is anticipated to drive the U.S. commercial drone market growth over the forecast period.” Active Tech Companies in the markets today include ZenaTech, Inc. (NASDAQ: ZENA), AeroVironment, Inc. (NASDAQ: AVAV), Draganfly Inc. (NASDAQ: DPRO), Red Cat Holdings, Inc. (NASDAQ: RCAT), Safe Pro Group Inc. (NASDAQ: SPAI).
By FN Media Group LLC · Via GlobeNewswire · October 31, 2024
Significant Technology Upgrades Fueling Strong Growth Opportunities for U.S. Commercial Drone Market
PALM BEACH, Fla., Oct. 31, 2024 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - The commercial drone industry is witnessing rapid growth and transforming various sectors such as agriculture, delivery and logistics, and energy among others. Advancements in drone technologies have led to increased demand and utilization in industries such as filming, emergency response, construction, and real estate. Additionally, drone software solution providers and manufacturers are continuously innovating and upgrading their offerings to cater to diverse market needs. As governments establish regulatory frameworks, the integration of drones into industries is expected to accelerate. This, in turn, is likely to create lucrative opportunities for market expansion over the forecast period. A report from Grand View Research projected that the U.S. commercial drone market size is expected to grow at a compound annual growth rate (CAGR) of 9.1% through 2030. The report said: “Furthermore, favorable legislations and rising use of commercial drones by authorities in the U.S. is expected to attract various industries to utilize drones for different processes. Similarly, government authorities across the region are constantly working on framing new regulations for the commercial applications of drones. This is attributed to increased focus on the adoption of commercial drones due to their economic potential, while prioritizing the safety and security of the country. This, in turn, is anticipated to drive the U.S. commercial drone market growth over the forecast period.” Active Tech Companies in the markets today include ZenaTech, Inc. (NASDAQ: ZENA), Kratos Defense & Security Solutions, Inc. (NASDAQ: KTOS), AgEagle Aerial Systems Inc. (NYSE: UAVS), EHang Holdings Limited (NASDAQ: EH), Ondas Holdings Inc. (NASDAQ: ONDS).
By FN Media Group LLC · Via GlobeNewswire · October 31, 2024
Global Carbon Dioxide Removal (CDR) Market Valuation Expected to Reach $2.11 Billion by 2032
PALM BEACH, Fla., Oct. 29, 2024 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - The global Carbon Dioxide Removal (CDR) Market has been growing in the past years and is expected to continue at a substantial pace for years to come. Growing awareness and concern about the impacts of climate change are driving governments, businesses, and individuals to seek effective solutions for mitigating carbon dioxide emissions. The CDR market benefits from this heightened awareness and the urgent need for sustainable practices. A report from Custom Marketing Insights said that the global Carbon Dioxide Removal (CDR) Market size is expected to record a CAGR of 14.8% from 2023 to 2032. In 2023, the market size is projected to reach a valuation of USD 610.9 Million. By 2032, the valuation is anticipated to reach USD 2,115.5 Million. The report said: “Stringent Regulatory Policies and Targets: Governments around the world are implementing and enhancing regulatory frameworks aimed at reducing greenhouse gas emissions. The imposition of carbon reduction targets and the integration of carbon pricing mechanisms create a favorable environment for the growth of the CDR market, as industries seek ways to comply with these regulations. Advancements in CDR Technologies: Ongoing research and development efforts are leading to technological advancements in carbon removal methods. Improved efficiency, scalability, and cost-effectiveness of CDR technologies contribute to their wider adoption and growth in the market. Increasing Corporate Sustainability Initiatives: Many companies are adopting sustainability goals and committing to achieving net-zero emissions. As part of their corporate social responsibility (CSR) initiatives, businesses are investing in CDR technologies to offset their carbon footprint, contributing to the overall growth of the market.” Active carbon companies in the markets this week include: BluSky Carbon Inc. (CSE: BSKY) (OTCQB: BSKCF), SLB (NYSE: SLB), DevvStream Holdings Inc. (OTCQB: DSTRF) (NEO: DESG), Base Carbon Inc. (OTCQX: BCBNF) (NEO: BCBN), LanzaTech Global, Inc. (NASDAQ: LNZA).
By FN Media Group LLC · Via GlobeNewswire · October 29, 2024
Drones Driven by A.I. Are Taking Over Major Industries Including Agriculture, Construction, Military & More
PALM BEACH, Fla., Oct. 24, 2024 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - Artificial intelligence (AI) and drones are a formidable combo that has the potential to transform a variety of industries. When coupled, they build intelligent and autonomous airborne systems capable of completing complicated tasks in a variety of conditions. Because of this, the combination of artificial intelligence and drone technology offers new aerial technological developments for various industries, including agriculture, construction, energy, and security, as well as a solution to many aerial imagery demands. Factors such as technological advancements, growing need for automation and efficiency, and the increasing adoption of drones in the Logistics and Delivery, Agriculture and Precision Farming, Disaster Management and Search & Rescue, Environmental Monitoring and Industrial sectors are boosting the adoption of AI solutions in the UAV landscape. A report from Knowledge Sourcing Intelligence projected that the Artificial Intelligence in drone market size is projected to show steady growth during the forecast period (2024-2029). The report said: "Booming drone adoption in the sector boosts AI in drone market growth. Drones driven by AI are taking over major sectors such as agriculture, serving as industrious field workers. They minimize human effort while monitoring crop health, accurately locating pests, and applying irrigation to maximize production and optimize resource use. The movement known as "precision agriculture" is revolutionizing the way of raising food. According to the January 2022 Press Release Bureau, the government is extending financial support under the "Sub-Mission on Agriculture Mechanization" to encourage the use of drones in agriculture. The Agriculture Ministry will give agricultural institutions grants of up to Rs. 10 lakhs so the farmers can buy drones. When it comes to drone demonstrations on farmer fields Farmer's Producers Organizations (FPOs) can receive funds for up to 75% of the total cost of the drone. The initiatives and factors supporting agriculture enhance the drone market." Active Tech Companies in the markets today include ZenaTech, Inc. (NASDAQ: ZENA), Palantir Technologies Inc. (NYSE: PLTR), QUALCOMM Incorporated (NASDAQ: QCOM), AgEagle Aerial Systems Inc. (NYSE: UAVS), Draganfly Inc. (NASDAQ: DPRO).
By FN Media Group LLC · Via GlobeNewswire · October 24, 2024
Billion Dollar Commercial Drone Market Poised for Continued Growth, Driven by A.I. Technological Advances
PALM BEACH, Fla., Oct. 24, 2024 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - The commercial drone market is experiencing significant growth due to increasing demand from various industries such as construction, agriculture, security, military applications and so much more. Drones offer benefits like cost savings, improved efficiency, and enhanced safety for businesses. Market size is projected to reach USD12.3 billion by 2025, driven by technological advancements and regulatory approvals. AI is driving market transformation… The global commercial drones market size is estimated to grow by USD $126.87 billion from 2024-2028, according to a report from Technavio. The market is estimated to grow at a CAGR of 57.74% during the forecast period. Rising applications of drones is driving market growth, with a trend towards new developments and launches of commercial drones. The report continued: “The commercial drones market is experiencing significant growth due to the continuous introduction of new drones, components, and software solutions by vendors. Companies across various industries are integrating drones into their operations for managing assets, monitoring sites, inspecting facilities, and capturing real-time data… featuring advanced autonomous flight technology and Artificial Intelligence, ensuring safe and stable flight in challenging environments. Such innovations increase the availability of advanced drone products and software solutions, fueling the adoption of commercial drones in the forecast period.” Active Tech Companies in the markets today include ZenaTech, Inc. (NASDAQ: ZENA), C3 AI (NYSE: AI), NVIDIA Corporation (NASDAQ: NVDA), SoundHound AI, Inc. (NASDAQ: SOUN), AeroVironment (NASDAQ: AVAV).
By FN Media Group LLC · Via GlobeNewswire · October 24, 2024
Global Cloud Storage Market Expected to Reach $234 Billion By 2028 as Tech Stocks Chase Big Opportunities in Big Data
PALM BEACH, Fla., Oct. 23, 2024 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - The cloud storage market is witnessing significant growth due to the expanding realms of IoT and big data. Cloud storage services offer an agile, flexible, and scalable model for data storage on the Internet, managed and operated by service providers. This model provides enterprises with advantages such as rapid deployment, scalability, reduced CAPEX, and uninterrupted business continuity. A report from MarketsAndMarkets projected that the global Cloud Storage Market size is expected to grow to USD $234.9 Billion by 2028 at a Compound Annual Growth Rate (CAGR) of 18.8% during the forecast period. The report said: “The rising investments by governments and investors in tailored Cloud Storage solutions offerings along with the increasing need for flexible, scalable, efficient storage and disaster recovery, backup solutions and services, are expected to drive the market growth. The demand across enterprises worldwide for Cloud Storage solutions in a shift to cloud-based technologies from on premises is expected to drive the market growth. Surge in demand to provide remote work force with omnipresent access to data and files has been a key driving factor to foster market adoption largely.” Active tech companies in the markets this week include: Scope Carbon Corp. (OTCQB: SCPCF) (CSE: SCPE), Oracle Corporation (NYSE: ORCL), Snowflake (NYSE: SNOW), NVIDIA Corporation (NASDAQ: NVDA), Advanced Micro Devices, Inc. (NASDAQ: AMD).
By FN Media Group LLC · Via GlobeNewswire · October 23, 2024
Commercial Drone Industry Has Expanded Significantly as Billion Dollar Market is Awarding Lucrative Opportunities for Manufacturers
PALM BEACH, Fla., Oct. 17, 2024 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - The business use cases of commercial drones have expanded significantly over the past few years and the commercial drone market is growing to interior uses in warehouses/facilities in additions to all of the well know exterior used. They are also being increasingly adopted in the construction and real estate sectors due to their ability to survey the property, offer constant and exact project alerts, increase safety, and prevent harmful accidents on construction sites. Moreover, their conventional applications, such as monitoring, surveillance, and security, have instigated the product demand for search and rescue operations, identifying unstable roofs in dangerous and inaccessible positions, tracking out elevated infrastructure that might have damaged electrical cables, etc. A recent report issued by Grand View Research, discussed the segments on the market, saying: “Product Insights: The rotary blade segment held the largest revenue share of over 78.9% in 2024. The demand for rotary blade drones is anticipated to surge for inspection activities owing to its ability to hover and execute agile maneuvering while maintaining a visual on a particular target for prolonged periods. These drones are often seen as a suitable alternative for various business applications such as surveillance, filmmaking, photography, and monitoring. In addition, they are easier to control than hybrid and fixed-wing counterparts. The hybrid segment is expected to attain a CAGR of over 18% over the forecast period owing to the advantages associated with these commercial drones. These drones enhance their efficiency and power by integrating the capabilities of batteries and fuel. Moreover, these drones can fly for long periods with heavier payloads, even in severe weather conditions. Tech giants like Facebook and Amazon use hybrid drones to transport packages effectively and quickly while enabling internet access in remote locations.” Active Tech Companies in the markets today include ZenaTech, Inc. (NASDAQ: ZENA), Red Cat Holdings, Inc. (NASDAQ: RCAT), Joby Aviation, Inc. (NYSE: JOBY), EHang Holdings Limited (NASDAQ: EH), AeroVironment, Inc. (NASDAQ: AVAV).
By FN Media Group LLC · Via GlobeNewswire · October 17, 2024
Global Commercial Drone Market Size Estimated at $30 Billion as Technological Advancements are Booming
PALM BEACH, Fla., Oct. 17, 2024 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - Experts and investors see continued growth in the global commercial drone market size. The market growth is attributed to the increasing enterprise application of drones across various industry verticals. Several drone manufacturers are continually testing, inventing, and upgrading solutions for diverse markets used for various applications, including filming and emergency response. Besides, the integration of modern technologies in commercial drones to deliver enhanced solutions is opening new growth opportunities for the commercial drone market. According to a report from Grand View Research said that the global commercial drone market size, which was estimated at USD 30.02 billion in 2024 is expected to grow at a CAGR of 10.6% from 2025 to 2030. The report said: “Technological advances allow companies to design and construct measurement and annotation tools for estimating area, volume, and distance. As a result, organizations are constantly adopting Artificial Intelligence (AI) and Machine Learning (ML) solutions to retrieve accurate findings from large volumes of data. Integration of these modern technologies provides the industry with ample opportunities as they facilitate real-time, data-driven decision-making through high-speed data capture, processing, and transfer. AI-powered drones also allow users to interact and observe footage captured by other drones in real-time and track their flight paths.” Active Tech Companies in the markets today include ZenaTech, Inc. (NASDAQ: ZENA), AgEagle Aerial Systems Inc. (NYSE: UAVS), RTX Corporation (NYSE: RTX), Draganfly Inc. (NASDAQ: DPRO), Kratos Defense & Security Solutions, Inc. (NASDAQ: KTOS).
By FN Media Group LLC · Via GlobeNewswire · October 17, 2024
Why Some Experts are Predicting Gold will Trade in Range of $2,800/oz to $3,200/oz in 2025
PALM BEACH, Fla., Oct. 15, 2024 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - Gold, often referred to as the "safe-haven asset," has been a cornerstone of global finance for centuries. Its value has historically been influenced by a myriad of factors, including economic indicators, geopolitical events, and market sentiment. According to expert analysts in a report by Skilling.com, the gold price prediction for 2024 is expected to be positive, with prices potentially reaching $2,500 per ounce. This is driven by the Federal Reserve's monetary policy, interest rates, and global demand for safe-haven assets. Some experts predict that gold will trade in the range of $2,800-$3,200 in 2025, reflecting expectations of a Federal Reserve rate cut. The report said: “In the long term, the gold price prediction is influenced by factors such as inflation, central bank policies, and global economic trends. Analysts predict that the price of gold could reach $6,800 an ounce by 2040, estimating a rate of return of 7.2% per year. The increasing demand for gold as a safe-haven asset and the potential for a global recession are also driving factors behind the positive gold price prediction. Gold prices have been on a steady rise since 2023, with many analysts predicting a continued upward trend in 2024. According to J.P. Morgan Research, gold prices are expected to climb to $2,500/oz by the end of 2024, driven by factors such as U.S. fiscal deficit concerns, central bank reserve diversification into gold, inflationary hedging, and a fraying geopolitical landscape. This prediction is in line with other analysts' predictions, with some predicting even higher prices, such as AG Thorson's target of $3,000.” Active mining companies in the markets this week include RUA GOLD Inc. (OTCQB: NZAUF) (TSX-V: RUA), Newmont Corporation (NYSE: NEM) (TSX: NGT), OceanaGold Corporation (OTCQX: OCANF) (TSX: OGC), New Found Gold Corp. (NYSE: NFGC) (TSX-V: NFG), GoldMining Inc. (NYSE American: GLDG) (TSX: GOLD).
By FN Media Group LLC · Via GlobeNewswire · October 15, 2024
Global Cybersecurity Becoming Increasingly Vital as Market Revenues are Now Part of a Multi-Billion Dollar Industry Opportunity
PALM BEACH, Fla., Oct. 11, 2024 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - The global cyber security market size, which was estimated at USD 222.66 Billion in 2023 is projected to grow at a compound annual growth rate (CAGR) of 12.3% through 2030 according to a report from Grand View Research. The report said: “A growing number of cyber-attacks owing to the proliferation of e-commerce platforms, emergence of smart devices, and deployment of cloud are some key factors propelling market growth. Moreover, increasing usage of devices equipped with the Internet of Things (IoT) and intelligent technologies is expected to increase cases of cyber threats. As such, end-user organizations are anticipated to integrate advanced cyber security solutions to mitigate cyber-attack risk, supporting the cyber security market growth. With cyber environment emerging as a highly integrated system, need for an adaptive, multi-layered, and self-learning security system has become imperative. In addition, factors such as emergence of mobile-networked devices, prevalence of electronic communications, growth of social media, and an increasing reliance on Big Data have created a need for defense cybersecurity system to be updated with the changing cyber threat scenario. Governments have increased their spending on cybersecurity solutions to protect devices and confidential data from cyberattacks, supporting market growth.” Active Companies in the industry includes: Plurilock Security Inc. (OTCQB: PLCKF) (TSX-V: PLUR), BlackBerry Limited (NYSE:BB), Palo Alto Networks (NASDAQ: PANW), Zscaler, Inc. (NASDAQ: ZS), Palantir Technologies Inc. (NYSE: PLTR).
By FN Media Group LLC · Via GlobeNewswire · October 11, 2024