Press Release

Market Overview The global radar sensor market is anticipated to witness significant growth during the forecast period. Factors such as safety and security needs in automotive application, and increase in need for border security systems drive the growth of the radar sensor market. Also, adoption of the wideband 5G & millimeter wave-based RF systems boost the overall market growth. However, high development & installation cost is a major restraint to global radar sensor industry. In addition, growing defense sector in Asia-Pacific region is expected to create lucrative opportunities for the radar sensor industry. According to PMR, the radar sensor market will generate US$ 9.5 billion in 2023 and US$ 45 billion in 2033, representing a 16.8% CAGR. Radar sensors are used to forecast ...

The anticipated growth of the worldwide automotive exhaust systems market is projected to reach a Compound Annual Growth Rate (CAGR) of 5.5%. This expansion is expected to elevate the market value from US$46.2 billion in 2023 to US$67.2 billion by the conclusion of 2030. Market Overview: The global Automotive Exhaust Systems Market is poised for substantial growth in the coming years, driven by a confluence of factors that are reshaping the automotive industry. The market, encompassing components such as catalytic converters, mufflers, exhaust manifolds, and tailpipes, plays a pivotal role in ensuring vehicle efficiency, emission control, and overall performance. The increasing emphasis on environmental sustainability, coupled with stringent emission regulations worldwide, is propelling t...

The Indonesia specialty fats and oils market is valued at US$ 1.3 billion in 2023 and is projected to reach a size of US$ 2.22 billion by the end of 2033, expanding at a CAGR of 5.5% over the next ten years. The market is driven by factors such as increasing demand for processed food, rising disposable income, and growing awareness of the health benefits of specialty fats and oils. Indonesia is the world’s largest producer of palm oil, which is a major source of specialty fats and oils. The country is also a major exporter of palm oil and its derivatives. The increasing demand for palm oil from both domestic and international markets is expected to boost the growth of the specialty fats and oils market in Indonesia. Market Growth Factors: Some of the key trends driving the growth of the s...

–News Direct– HANetf Head of Research Tom Bailey visits Thomas Warner at the Proactive London story to talk about the latest addition to the HANetf offering, the INQQ India Internet & Ecommerce ESG-S UCITS ETF, focused on Indian tech. The new ETF aims to leverage India's growing role in the global economy, particularly its digital sector. India, projected by the IMF as the fastest-growing major economy in 2023 and 2024, presents a unique investment opportunity, especially in digital and e-commerce fields. The ETF targets the increasing digital consumption in India, boosted by government efforts in enhancing connectivity and the countrys substantial youth population. The creation of INQQ involved collaboration with the US-based EMQQ Global. Kevin Carter, co-founder of EMQQ...

–News Direct– ATRenew Inc (NYSE:RERE) chief manager of investor relations and ESG Xiaoyi (Jessie) Jin speaks to Thomas Warner from Proactive about China's leading electronics recycling platform. She starts by giving an overview of the business, noting that ATRenew last year facilitated over 32 million electronics transactions, claiming a significant 10% market share in China. The company operates 2,000 physical stores and eight operational centres. Financially, ATRenew has achieved a 32% year-on-year increase in revenues, reaching 9.1 billion RMB in revenue for the nine months ending 30 September. The company also reported a substantial 74 million RMB non-GAAP operating profit for the same period, marking a pivotal point in its profitability journey. Jin attributes the success to...

–News Direct– Streaks AI PLC CEO Phil Blows speaks to Thomas Warner from Proactive London after the AI Chatbot Creator Platform released its interim results for the six months to 31 August 2023. Blows explains that Streaks AI has developed a platform allowing influencers, businesses, and individuals to create and monetize digital avatars. This year, the company expanded its product line from one to four, including Streaks Gaming, Streaks Social, Streaks Idol, and Streaks Companion. Streaks Social enables influencers to create digital avatars for personalised fan interactions and monetization through affiliate links. Streaks Idol, targeting future influencers, offers technology for creating fully digital chatbots. Streaks Companion, differing from the others, lets users create personal ch...

–News Direct– Greatland Gold PLC (AIM:GGP, OTC:GRLGF) managing director Shaun Day speaks to Thomas Warner from Proactive after the mining development and exploration company announced that surface sampling across its Panorama East, Panorama and Panorama North tenement has confirmed the area is prospective for nickel. Day says the company achieved a series of nickel strikes, particularly in grid pattern NIO4, suggesting a 14-km strike length with high nickel concentrations. Despite relative oversupply of nickel in the global market currently, Day says he's pleased with the discovery not least because diversification will further enhance the resilience of the company's portfolio. Greatland plans to further explore these anomalies with surface testing and potentially more in...

–News Direct– The Cultivated B (TCB) today announced the availability of its groundbreaking bioreactor control software, enabling a real-time, application-based, personalized user interface with added remote accessibility for its AUXO V bioreactors. The software, now accessible via the control tower or remotely via phone- and web-based software, marks a significant leap forward in the cultivated meat industry, offering unparalleled convenience, flexibility and efficiency for expert and non-expert users to manage bioprocesses. TCBs commercially available bioreactor, AUXO V, can be monitored and controlled by anyone, from any location with only a few days of training. Our new bioreactor user interface embodies TCBs commitment to innovation and flexibility for users, helping to scale the cu...

Market Overview : Main factors surging the demand for fitness equipment industry are rising incidence of diseases and increasing focus of people across the globe on fitness activities due to sedentary lifestyles. Sales of fitness equipment are channeled through both, online and offline stores. A wide range of products is being offered by online retailers with detailed catalogs. Historically, offline stores have accounted for more than 80% volume share of the global fitness equipment market. However, online store are expected to exhibit faster growth over the forecast period of 2020 to 2030.The global fitness equipment market is poised to expand at a CAGR of more than 4% through 2030, and cross a valuation of US$ 18 Bn by the end of the same year. The global fitness equipment market has ex...

–News Direct– Vyoma won two of DLRs Small Satellite Competition, designed to strengthen the German space industry and promote innovative technologies. The awards will allow two Vyoma satellites carrying optical telescopes to be launched by German microlauncher companies in 2025-2026. Vyoma is developing a disruptive space object monitoring system and satellite operations automation services to guarantee the safety of space assets. The satellites are part of a 12-member constellation of this monitoring system. Vyoma, a fast-growing space technology company based in Germany, has been distinguished in multiple categories of the small satellite competitions organized by the German Space Agency at the German Aerospace Centre (DLR). The prestigious awards were announced during the 2023 Small...