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Showing posts from December, 2021

Burner Management System Market Segments Analysis and Growth Forecast Report

The global  burner management system market  size is expected to reach USD 7.63 billion by 2025, registering a CAGR of 6.1% from 2019 to 2025, according to a new report by Grand View Research, Inc. This growth can be attributed to the rapid rate of industrial development worldwide, coupled with the need to improve plant uptime and ensure regulatory compliance. Rise in regulations concerning employee safety at workplace is also expected to drive the adoption of burner management systems globally. A typical BMS is responsible for the safe start-up, shutdown, and operation of a boiler. A BMS monitors and controls the main burners and igniters, utilizes safety shut-off valves, temperature, pressure, valve, and flow position limit switches, employs flame scanners to detect and differentiate between the main flames and igniter, and uses blowers to provide combustion air for the igniters and/or to cool the scanners. The steady expansion of industries such as chemical and oil ...

Predictive Genetic Testing & Consumer/Wellness Genomics Market Segments Analysis and Growth Forecast

The global  predictive genetic testing & consumer/wellness genomics market  size is expected to reach USD 8.5 billion by 2025, registering a CAGR of 13.9% over the forecast period, according to a new report by Grand View Research, Inc. Factors influencing the market progression include growing awareness about utilization of genetic tests that aid in prediction of gene susceptibility to disease development prior to symptoms. Moreover, rise in sales of these products owing to growing inclination of physicians is driving the market. Introduction of novel platforms in next-generation sequencing technology aids in enhancing the accuracy of predictive genetic and consumer genomics kits. Market participants are engaged in implementing novel protocols to launch products that require minimal technical assistance and provide optimal customer satisfaction. Pharmaceutical firms are engaged in several agreement models with genomic vendors for the release of novel therapeutics bas...

Sportswear Market Segments Analysis and Growth Forecast

The global  sportswear market  size is anticipated to reach USD 479.63 billion by 2025 registering a CAGR of 10.4%, according to a new report by Grand View Research, Inc. The market is driven by rise in demand for trendy and comfortable sports shoes and clothes. Increasing participation in sports and fitness activities due to rising awareness about leading a healthy lifestyle is another major factor driving the market. Fitness activities help overcome stress related issues, such as obesity, heart diseases, depression, asthma, and diabetes. Asian countries like India and China offer lucrative growth opportunities to international companies. According to the Indian Union Ministry of Textiles, India’s textile and apparel exports were valued at Rs.189.56 billion for the month of November 2018 and it will grow further at a good pace. Improved living standards, low costs of manufacturing, and increasing disposable income levels in developing countries are the factors propel...