Nasir Jones's blog

According to the new research report by IMARC Group, titled “Directed Energy Weapons Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026,” the global directed energy weapons market size grew at a CAGR of around 24% during 2015-2020. Looking forward, IMARC Group expects the global directed energy weapons market to continue its robust growth during 2021-2026.

The global skid steer loader market reached a value of US$ 2.3 Billion in 2020. Looking forward, IMARC Group expects the global market to continue its moderate growth during 2021-2026. Skid steer loader refers to a piece of mechanical equipment used primarily in the construction industry. It is a compact, engine-driven loader with a small rigid frame and a lift arm attached with tools, such as hydraulic hammers, stump grinders, forks, buckets, augers and trenchers.

The global mobile VoIP market grew at a CAGR of around 21% during 2015-2020. Looking forward, IMARC Group expects the global market to continue its moderate growth during 2021-2026. Mobile Voice over Internet Protocol (VoIP) refers to an efficient, low-cost communication method where mobile handsets use Wi-Fi or 3G/4G cellular network to transmit data in packets. It sends voice calls as digital signals over the Internet using VoIP technology.

The global high performance liquid chromatography market size reached a value of US$ 4.10 Billion in 2020. High performance liquid chromatography (HPLC) refers to a chromatographic technique that is widely employed to separate, identify and quantitate different components in the given mixture. It involves the passing of the solvent comprising the sample mixture through a column containing adsorbent material with the help of a pressure pump.

The global friction stir welding equipment market size reached US$ 183.7 Million in 2020. Friction stir welding (FSW) refers to an advanced solid-state joining procedure that combines two confronting workpieces without melting the material. The procedure involves the generation of frictional heat, which softens the area between the rotating device and workpiece material and mechanically intermixes the two metal workpieces.

The global medical device testing market grew at a CAGR of around 6% during 2015-2020. Looking forward, IMARC Group expects the global market to continue its moderate growth during 2021-2026. Medical device testing is the process of testing and inspecting the reliability, quality, and safety of various active and non-active medical equipment.

The global mHealth market exhibited strong growth in 2020. mHealth or mobile health refers to the concept that enables individuals to capture their own health data using mobile technology, such as smartphones, tablets and other wireless devices. It helps improve health outcomes, healthcare services, and health research by providing personal digital assistance to patients. This reduces the health information gap as the system ensures data collection remotely and optimizes programs and policies.

The global photo printing and merchandise market grew at a CAGR of around 7% during 2015-2020. Looking forward, IMARC Group expects the global market to continue its moderate growth during 2021-2026. Photo printing and merchandise refer to a variety of personalized gifting and decoration materials on which photographs are printed. Printed cards, calendars, canvases, mugs, keyrings, cushions, t-shirts, etc., are some of the common product categories.

The global asthma therapeutics market grew at a CAGR of around 4% during 2014-2019. Looking forward, IMARC Group expects the global market to continue its moderate growth during 2020-2025. Asthma therapeutics include a group of pharmaceutical drugs that are primarily used for treating asthma. The drugs help in mitigating the symptoms of the respiratory disease, which usually gets triggered by exposure to various outdoor and indoor causative agents, including dust, allergens, pollutants, etc.

The global hearing aid market size reached US$ 7.4 Billion in 2018. Hearing aids are small, battery-operated electronic devices that are worn in or behind the ear for improving hearing impairment. They help in amplifying the sound, which enables the user to listen, communicate and participate in everyday activities. It has three basic components, namely, a speaker, amplifier and a microphone. The hearing aid receives sound from the microphone, which is converted into electrical signals and sent to the amplifier.