Bacteriophage Market Analysis: To Reach Around US$ 567.9 Mn In 2027
January 26, 2021 | by admin |
The global bacteriophage market was valued at US$ 567.9 Mn in 2017 expanding at a CAGR of 3.9% from 2018 to 2026.
Market Insights
Recently, bacteriophages or phages have been recognized as an efficient tool in modern biotechnology through a multitude of researches promoting the potential use of bacteriophages across a number of applications. Researchers have also proposed bacteriophages as a viable alternative to antibiotics for a number of antibiotic-resistant bacterial strains. They can also be used as biocontrol agents in the oil and agriculture industries.
Bacteriophages have a unique application in the petroleum industry, as bacterial fouling often leads to serious damage to gas pipelines, devaluing products and therefore increasing capital costs. In addition, bacteriophages may also be used as vaccine vehicles, for the detection of pathogenic bacterial str
Home Security Systems Market Analysis: Likely to Witness A Remarkable Growth
January 26, 2021 | by admin |
The global market for home security systems is expected to grow by 8.3 per cent CAGR during the forecast period from 2018 to 2026.
Product Insights
The global market for home security systems is expected to see significant growth, growing at 8.3 per cent CAGR during the forecast period from 2018 to 2026. Security has been a major concern in every home in the world to keep appliances and valuables safe and secure. The increase in crime rates has led to a higher adoption of enhanced security and security systems, thereby boosting the growth prospects of the domestic security systems market. Rising advancements in smartphone technology and remote monitoring, coupled with growing demand for smart homes, are another key factor facilitating global market growth.
Electric Buses Market Analysis: Global Size Grow At A CAGR Of 22.9% Over The Forecast Period
January 20, 2021 | by admin |
The overall
electric buses market worldwide is set to grow with a CAGR of 22.9% through the forecast period starting from 92,200 units in 2017.
Market Insights
With ever-increasing environmental concerns coupled with regulations, electric vehicles are experiencing widespread demand all over the world, with China at the forefront. Among the electric vehicles sector as a whole, electric busses have shown rapid growth over the last few years and are expected to lead the overall market for electric vehicles over the forecast period. Despite the well-established market for CNG vehicles, electric busses are expected to present tough competition to the former in the years to come. Although electric buses are more expensive to purchase, these buses offer much lower maintenance and operation cost as compared to CNG and diesel operated buses. Subs