Rising demand for electronic products to drive vacuum pump market over 2018-2025

Rising demand for electronic products to drive vacuum pump market over 2018-2025

Published: 14 hours agoAuthor: Saipriya Iyer

The robust technological enhancement in electronic components will reportedly be a prime factor driving vacuum pump market. With the rise in middle class incomes and the subsequent increase in affordability and standards of living, the demand for sem....

Rolls-Royce designs EVTOL vehicle plans to enter flying taxi market

Rolls-Royce designs EVTOL vehicle plans to enter flying taxi market

Published: 16 hours agoAuthor: Pankaj Singh

British jet engine manufacturer Rolls-Royce in its recent announcement has unveiled that it is planning to foray the flying taxi market and would soon take the skies by next decade. Reportedly, the company has designed a state-of-the-art propulsion s....

IHH Healthcare wins takeover bid of Fortis for RM2.34 billion

IHH Healthcare wins takeover bid of Fortis for RM2.34 billion

Date: 2018-07-15Author: Pankaj Singh

After winning a month-long war against domestic and international bidders, India’s Fortis Healthcare Ltd has unveiled that it has accepted an investment offer from IHH Healthcare Bhd. According to the sources familiar with the matter, Fortis ag....

Banma’s software to help Chinese automakers manufacture connected cars

Banma’s software to help Chinese automakers manufacture connected cars

Date: 2018-07-15Author: Pankaj Singh

Banma Network Technologies, a start-up in the internet car domain, backed by Alibaba Group Holding, is planning to invite new investors for a fresh round of fundraising and forming crucial partnerships with several automakers in China. The move follo....

Riyadh Municipality & IBM to partner on blockchain integration

Riyadh Municipality & IBM to partner on blockchain integration

Date: 2018-07-13Author: Pankaj Singh

Riyadh Municipality in its recent announcement has unveiled that it has partnered with IBM to develop a strategic work-plan on integrating blockchain technology in the region. The duo reportedly plans to create a deployment strategy that wi....

Green data center market to be pushed by increasing need for organizational energy efficiency

Green data center market to be pushed by increasing need for organizational energy efficiency

Date: 2018-07-13Author: Sunil Hebbalkar

Shifting trends toward implementation of green energy solutions for curbing carbon footprints will drive green data center market. The rising digitalization deployed for conducting everyday activities has apparently led to a large amount of organizat....

Pharma applications to drive glass packaging market, five trends to watch out for in near future

Pharma applications to drive glass packaging market, five trends to watch out for in near future

Date: 2018-07-12Author: Sunil Hebbalkar

The rapidly increasing demand for beverages and alcoholic drinks will reportedly drive glass packaging market over 2017-2024. Changing consumer lifestyles leading to increased beer consumption and the introduction of lightweight and appealing glass d....

Siemens signs contract with Alibaba to augment Industrial IoT in China

Siemens signs contract with Alibaba to augment Industrial IoT in China

Date: 2018-07-12Author: Paroma Bhattacharya

Siemens has signed a deal with Alibaba to utilize Alibaba cloud, the online giant’s cloud computing arm to deploy its digital operating system called MindSphere. The deal is one among a plethora of commercial Sino-German accords reportedly wort....

Residential applications to drive insulation market, five trends to watch out for in coming years

Residential applications to drive insulation market, five trends to watch out for in coming years

Date: 2018-07-11Author: Sunil Hebbalkar

Increasing focus of regional governments on the development of energy efficient buildings will reportedly drive insulation market share in the ensuing years. The rapidly growing investments to enhance infrastructural development across the residentia....

CATL builds factory for supplying batteries to German automakers

CATL builds factory for supplying batteries to German automakers

Date: 2018-07-11Author: Ojaswita Kutepatil

Contemporary Amperex Technology Ltd (CATL) a Chinese battery company has reportedly chosen a site for its battery manufacturing setup in eastern Germany. As per sources, the company aims to meet the battery demand of major automobile manufacturers th....

Grab launches GrabFresh, penetrates on-demand grocery delivery market

Grab launches GrabFresh, penetrates on-demand grocery delivery market

Date: 2018-07-10Author: Saipriya Iyer

Grab a technology based company in Singapore, reportedly announced that it has decided to mark its presence in the on-demand grocery delivery industry. The firm plans to introduce its new app called GrabFresh in partnership with HappyFresh, a regiona....

5 food protein ingredient market trends to look out for over 2018-2024

5 food protein ingredient market trends to look out for over 2018-2024

Date: 2018-07-10Author: Saipriya Iyer

The increasing popularity of wellness products across the globe on account of health concerns will reportedly drive food protein ingredient market. Protein being one of the most pivotal replenishment additives, forms an important part of dietary supp....

China looking to buy a majority stake in British nuclear power plants

China looking to buy a majority stake in British nuclear power plants

Date: 2018-07-09Author: Pankaj Singh

China General Nuclear Power Group (CGN) is rumored to be interested in purchasing a majority stake in eight nuclear power plants in Britain, a deal that could be valued at around £4 billion (HK$41.71 billion). The Chinese state-run company may ....

5 trends characterizing the construction composites market growth

5 trends characterizing the construction composites market growth

Date: 2018-07-09Author: Saipriya Iyer

The vast expanse of the construction sector across the developed as well as developing economies will reportedly drive construction composites market growth. As the demand for reinforced construction material from the residential, commercial, and ind....

Boeing to acquire majority stake in Embraer’s commercial operations

Boeing to acquire majority stake in Embraer’s commercial operations

Date: 2018-07-08Author: Pankaj Singh

The U.S. aerospace behemoth Boeing has signed a joint venture agreement with Embraer that may reportedly give the former prime control of the Brazil industry major’s commercial jet business. The deal is slated to provide Boeing a stronger posit....

Rising automobile sales to drive antifreeze market over 2018-2024, five trends to watch out for

Rising automobile sales to drive antifreeze market over 2018-2024, five trends to watch out for

Date: 2018-07-07Author: Sunil Hebbalkar

The surging use of cooling agents in the internal combustion engines of vehicles will reportedly drive antifreeze market. Heavy investments in the automotive sector across the emerging economies of Asia Pacific are also poised to impel the industry g....

Sustainability wave to drive automotive plastics market, five trends defining industry expansion over 2018-2024

Sustainability wave to drive automotive plastics market, five trends defining industry expansion over 2018-2024

Date: 2018-07-06Author: Sunil Hebbalkar

The growing concern among the automakers about lightweight vehicles and their impact on fuel efficiency will reportedly drive automotive plastics market With the deployment of a stringent regulatory framework, the demand for sustainable plastic ....

Guess and Alibaba collaborate to unveil AI concept for fashion stores

Guess and Alibaba collaborate to unveil AI concept for fashion stores

Date: 2018-07-06Author: Satarupa De

American clothing brand and retailer Guess, has recently teamed up with Alibaba, the Chinese e-commerce giant to bring forth the potential of artificial intelligence in the fashion industry. This partnership has apparently allowed the retailer to tra....

Wind Tre hands over a $700mn equipment supply contract to Ericsson

Wind Tre hands over a $700mn equipment supply contract to Ericsson

Date: 2018-07-05Author: Pankaj Singh

Swedish telecommunications equipment manufacturer, Ericsson AB has apparently won a contract worth EUR 600 million (USD 700 million) to supply wireless equipment to Wind Tre. The company will also be responsible for installing the equipment and bring....

Utilitywise inks agreement with Dell and Vodafone on IoT platform

Utilitywise inks agreement with Dell and Vodafone on IoT platform

Date: 2018-07-05Author: Satarupa De

Leading utility consultancy, Utilitywise has recently made its way to the front page with the news of its collaboration with tech giants Dell EMC and Vodafone for launching an innovative IoT platform.  Allegedly, this energy and building managem....

IKEA Malaysia to test its e-commerce website through a soft launch

IKEA Malaysia to test its e-commerce website through a soft launch

Date: 2018-07-04Author: Pankaj Singh

IKEA Malaysia revealed that it has introduced a soft launch for its ecommerce shopping platform, adopting a customer based effort for allowing the development team to test the system and collect feedback, before it carries out a full deployment of th....