Artificial Intelligence – Page 184

MINDCURE Announces Certification of HIPAA Compliance, Bringing iSTRYM Closer to Commercial Deployment in the Second Quarter of 2022

December 17, 2021 Published by Roboticulized.com

Mind Cure Health Inc. (CSE: MCUR) (OTCQX: MCURF) (FRA: 6MH) (“MINDCURE” or the “Company”), a leader in advanced proprietary technology and research for psychedelics, announced today that the Company and its digital therapeutics technology, iSTRYM, have been certified as Health Insurance Portability and Accountability Act (HIPAA) compliant.

iSTRYM becoming HIPAA compliant reflects MINDCURE’s commitment to achieving the highest standards of medical data protection and privacy. HIPAA compliance certification is the next step for the Company in working towards having the iSTRYM technology platform classified a ‘Software as a Medical Device’ by the FDA.

Kelsey Ramsden, President & CEO of MINDCURE, stated, “Receiving HIPAA compliance is a significant milestone for MINDCURE, which supports our goal of commercially deploying iSTRYM in the second quarter of 2022, as well as generating near-term revenue from the platform. We developed iSTRYM as a drug-agnostic tool that we will be able to scale beyond psychedelics and into other therapeutic fields, which could result in additional revenue opportunities for MINDCURE in the future.”

iSTRYM is a mental health practice management software platform that empowers healthcare providers to deliver innovative and personalized healing solutions to patients. MINDCURE is positioning iSTRYM to become the industry’s distribution network for science-based, evidence-backed protocols and Artificial Intelligence data systems.

Geoff Belair, MINDCURE’s Chief Technology Officer, said, “We want to be the company that people trust with their minds, and achieving HIPAA is the first step of many in building that trust. At MINDCURE we passionately defend data privacy and will always ensure it is a core part of what we provide.”

The Company announced in October that it had exceeded its previously announced target of 10 partner clinics for iSTRYM by the end of 2021, which currently includes partnerships with 20 ketamine clinics in nine states across the United States and three provinces in Canada.

“Our ability to partner with these clinics serves to validate our confidence in the iSTRYM platform and its value to patients and clinicians,” continued Ms. Ramsden. “iSTRYM was created with the aim of shifting the paradigm of care and access to psychedelic-assisted psychotherapy, reducing the cost of care, improving patient outcomes, and providing a distribution network for psychedelic companies to distribute protocols.”

In August, the Company released the minimum viable product (“MVP”) of iSTRYM’s digital therapeutics (DTx) technology to partner clinics across North America. MINDCURE also plans to expand iSTRYM software deployment to address the mental health markets in the United Kingdom and Europe by the fourth quarter of 2022.

Cyber Security Consulting Market to Surpass US$ 28.22 Bn by 2031: TMR Study

December 17, 2021 Published by Roboticulized.com

Transparency Market Research: Analysts at TMR in a recent study project the cyber security consulting market to surpass US$ 28.22 Bn by 2031. Businesses in the BFSI and healthcare sectors are appraising the need for robust and multi-layered approach for security of their IT architecture.

The growing uptake of identity access management (IAM) systems is likely to spur incremental avenues for providers during the forecast period (2021 – 2031), finds the TMR study on the cyber security consulting market.

The demand for information security consulting services is growing in businesses particularly SMEs. A key pivot is the burgeoning number of cybersecurity incidents year after year. In 2020 alone after the COVID-19 outbreak, cyberattacks and data breaches soared within a matter of few months. An unmet demand for solutions for securing remote access created lucrative avenue, find the TMR analysts analyzing the cyber security consulting market.

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The World Economic Forum in its report The Global Risks Report 2020 found that there have been substantial cyber security risks from large-scale cyberattacks and breakdown of critical information infrastructure and networks. This has generated new revenue streams in the cyber security consulting market.

Key Findings of Cyber Security Consulting Market Study

Companies Offering Secure Remote Workforce Access Solutions: Information systems in corporate sector have witnessed rise in cyber security risks from the trend of remote workforce access in recent months. This has propelled the adoption of solutions that can secure the endpoints and other potential risks for enterprises.
BFSI Sector to Generate Vast Revenue Streams: The BFSI sector is increasingly witnessing adoption of robust security policy frameworks that can prevent potential cyber security attacks. Players are offering comprehensive cyber security measures and tools to meet the emerging needs. The opportunities in the BFSI industry are projected to expand at remarkable growth rate during the forecast period, finds the TMR study.
Growing Investments in Cybersecurity in Healthcare Industry: The demand for cyber security remediation services for the healthcare industry has opened a lucrative avenue, finds the analysis on the cyber security consulting market. Growing investments in healthcare IT solutions are helping expand the market prospect for solutions that promote proactive security approaches.
Proactive Multi-layered Strategies to Gather Traction: Service providers are adopting multi-layered strategy that enable customers to detect and respond to threats. IT service providers are witnessing value-grab opportunities from awareness about multi-layered email strategy for businesses in the BFSI industry.

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Cyber Security Consulting Market: Key Drivers

Growing trend of bring your own device (BYOD) in enterprises and the growing complexity of networks in organizations in non-IT sectors have propelled the demand for cyber security consulting services
Demand for managed security services in various organizations is anchored in the burgeoning risk of cyber security attacks. This is a key driver for sales, notes the in-depth research report on the cyber security consulting market.

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Cyber Security Consulting Market: Regional Growth Dynamics

North America is anticipated to hold a major share of the global cyber security consulting market. Rise in government spending on cybersecurity architecture, especially in the U.S. and constant innovation in information systems of organizations across the government sector is fueling market growth.
The Asia Pacific cyber security consulting market is projected to expand at a significant CAGR during the forecast period. The rapid penetration of e-commerce in various economies has spurred cyber security risks, thereby propelling the market.

Cyber Security Consulting Market: Key Players

The TMR study makes an extensive analysis of strategies of various cybersecurity service providers to consolidate their positions. Some of the key players in the cyber security consulting market are:

Sophos Group plc.
McAfee, LLC
KPMG International Limited
Deloitte Touche Tohmatsu Limited
Capgemini SE
CGI Inc,
Bureau Veritas
BAE Systems plc
Atos SE
AT&T Inc.
Akamai Technologies, Inc.

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Global Cyber Security Consulting Market: Segmentation

Cyber Security Consulting Market, by Service Type

ISO 27001 Consulting and ISO 27001 Training and ISO 27001 Auditing
TISAX Consulting and TISAX Training and TISAX Auditing
Data Protection Consulting and Data Protection Training and Data Protection Auditing
ISMS-as-Service
Cyber Security Management System Consulting (IT, Embedded, etc.) etc.) + Cyber Security Management System Training + Cyber Security Management Systems Auditing
Data-protection-as-a-Service (DPaaS)
Data Protection Consulting, Data Protection Training, Data Protection Auditing
Managed Security Services (MSS)
Managed Detection & Response (MDR)
Managed Security Incident and Event Management (SIEM)
Vulnerability and Compliance Management

Cyber Security Consulting Market, by Security Type

Network Security
Endpoint Security
Application Security
Cloud Security
Others (Content Security, ICS Security, etc.)

Cyber Security Consulting Market, by Enterprise Size

Small & Medium Enterprise
Large Enterprises

Cyber Security Consulting Market, by Industry

BFSI
IT & Telecom
Automotive
Retail
Government and Defense
Manufacturing
Healthcare
Energy & Utility
Others

Cyber Security Consulting Market, by Region

North America
Europe
Asia Pacific (APAC)
Middle East & Africa (MEA)
South America

Browse Latest IT & Telecom Market Research Reports by TMR:

Banking Cybersecurity Market – Banking cybersecurity market is rapidly growing and is expected to witness a significant growth during the forecast period. With the increase penetration of technology, banking customers are expecting more digitalization and modernization in their financial services. Therefore, many organizations such as IBM Corporation, Intel Security and others are manufacturing cybersecurity systems for banks as they are focused on their customer’s requirements.
Automotive Cyber security Market – With autonomous vehicles and connected cars around the corner and the transformation of transportation, one of the biggest that the automotive industry would face is vehicle cyber-attacks. The various electrical components in a vehicle are connected by means of an internal network and if hackers gain access to a peripheral electronic control unit, they could take complete control of safety critical components such as engines or brakes.
Entry Level Cybersecurity Solutions Market – Cybersecurity is a collaboration of tools, policies, security concepts, security guidelines, risk management approaches, actions, training, practices, assurance, and technologies that can be used to safeguard the cyber environment and protect an organization’s and user’s digital assets. In line with progress in the information technology industry and its extended areas, businesses are adopting advanced technologies such as cloud-based services in their business operations.

Pea Protein Market worth $1,588 million by 2026 – Exclusive Report by MarketsandMarkets™

December 16, 2021 Published by Roboticulized.com

According to the report “Pea Protein Market by Type (Isolates, Concentrates, and Textured), Form (Dry and Wet), Source (Yellow split peas, Lentils, and Chickpeas), Application, and Region (North America, Europe, APAC, South America and RoW) – Global Forecast to 2026″, published by MarketsandMarkets, the market for pea protein is estimated at USD 844 million in 2021; it is projected to grow at a CAGR of 13.5% to reach USD 1,588 million by 2026.

The pea protein market is primarily dominated by the North American and European markets that host a large production and consumer base. In this instance, Canada is the world’s largest producer of dry peas and legumes, with a strong export capacity of 85% of its total production. The United States is also scaling up its production capacity as a means to reduce dependency on imports. Pea protein is among the most versatile ingredients and can be formulated into beverages, food products, snacks, and even functional foods in different forms. Given the high prices of pea protein, the market has remained popular in developed markets, with high disposable incomes and demand.

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The textured proteins segment by type is projected to achieve the fastest growth in the pea protein market.

The textured pea protein contains an excellent amount of amino acid and has better levels of lysine and glutamine than other plant-based proteins. Textured pea protein is a healthy alternative to textured soy protein, removing both the allergenicity issues, sustainability issues, estrogen issues, and concern over GMO (Genetically Modified) soybean. The ingredient also contains both soluble and insoluble fiber, mostly constituted by pectic substances and hemicellulose. Thus their use is increasing in the global pea protein market.

By form, the dry segment is estimated to account for the largest market share in the pea protein market.

The dry form is prevalent in the global pea protein markets due to their popular use in snacks and confectionery industries. These are some of the fastest-growing industries in developed as well as developing nations and the use of dry protein powders is steadily rising in these. Further the supply of raw material for the production is also abundant and economic, which further drives their use.

The liquid sub-segment by form is estimated to account for the largest market share of the pea protein market over the forecast period.

Liquid pea proteins are manufactured on large industrial scale levels and also can be developed according to the increasing demands without further addition to manufacturing costs. While dry pea proteins are equally as effective they need further costs for conversion of liquid forms to dry. Which is a cost for manufacturers and hence liquid form is estimated to dominate the market.

Browse in-depth TOC on “Pea Protein Market“

124 – Tables
55 – Figures
197 – Pages

The functional foods segment is estimated to observe the fastest market growth in the pea protein market during the forecast period.

There is a growing awareness among consumers regarding the benefits of plant-based protein sources, which has driven them toward purchasing pea-based products. According to DuPont Health and Nutrition, a consumer survey in the US recorded a response of 52% of consumers adopting plant-based foods into their diet and almost 60% of respondents admitting to permanently switching to a plant-based diet. This showcases a paradigm shift that manufacturers are adopting for their performance nutrition business.

The yellow split pea proteins source is estimated to account for the largest market share in the global pea protein market

Yellow split peas are primarily consumed in the North American and European regions, where the large manufacturer base and subsequent product market have helped improve the outlook of consumers for the use of yellow split peas in the region. Manufacturers are also directing their efforts toward building a strong supply of raw material to meet the production demand for pea protein through investments in regional players and the construction of processing facilities.

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Europe is estimated to be the largest market.

The rising vegan population in Europe is a key driver for the increased consumption of pea protein. The region also has major industry participants in the pea protein market, including Rouquette Freres (France) and the Cosucra Group (Belgium). Once considered a fringe of the overall population, veganism has grown exponentially in the country and now represents a considerable share of the population. Key factors encouraging this change include increasing concerns over sustainability and a high prospect of good health practices.

Key Players:

Key players in this market include Rouquette Freres (France), Ingredion (US), Puris Foods (US), Emsland Group (Germany), Fenchem Inc (China), DuPont (US), The Green Labs LLC (US), A&B Ingredients (US), Glanbia PLC (Ireland), The Scoular Company (US), Axiom Foods Inc (US). These players in this market are focusing on increasing their presence through agreements and collaborations. These companies have a strong presence in North America, Asia Pacific and Europe. They also have manufacturing facilities along with strong distribution networks across these regions.

Related Reports:

Meat Substitutes Market by Source (Soy Protein, Wheat Protein, Pea Protein, and Other Sources), Product (Tofu, Tempeh, Seitan, Quorn, and Other Products), Type (Textured, Concentrates, and Isolates), Form, Category, and Region – Global Forecast to 2027

https://www.marketsandmarkets.com/Market-Reports/meat-substitutes-market-979.html

Plant-based Protein Market by Source (Soy, Wheat, and Pea), Type (Isolates, Concentrates, and Textured), Form, Application (Food(Dairy Alternatives, Meat Alternatives, and Performance Nutrition) and Feed), and Region – Global Forecast to 2026

https://www.marketsandmarkets.com/Market-Reports/plant-based-protein-market-14715651.html

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Chia Seed Market to Grow by 6.8% CAGR as Consumption of Superfoods Soars Worldwide: FMI

December 16, 2021 Published by Roboticulized.com

As per a recent survey by FMI, the global chia seed market is projected to total US$ 194.1 Mn in 2021. Growing awareness regarding benefits of chia seeds and increasing availability in supermarkets and convenience stores is paving the way for growth in the market.

Chia seeds are loaded with omega-3 fatty acids, antioxidants, polyphenols, minerals, and fiber. As consumption of these seeds improves heart health, manages blood sugar levels, and supports bone health, they are increasingly being consumed in fruit bowls, frozen yogurt, salads, and breakfast cereal among others as superfoods.

Hence, increasing demand for superfoods to meet the nutritional requirements of consumers is estimated to accelerate the sales in the coming years. In response to this, the chia seeds market is poised to grow at a CAGR of 6.8% during the forecast period 2021-2031.

With rising trend of veganism and growing emphasis on health lifestyle, individuals across the world are extensively looking for food products with natural ingredients that are loaded with nutrients such as chia seeds, which is in turn, estimated to drive the market.

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In addition, increasing applications of chia seeds as a functional ingredient across the personal care sector, owing to its benefits such as repairing the skin barrier and improved skin texture is expected to drive the sales.

Against this backdrop, sales in the global chia seeds market are expected to register growth at 5.5% year-over-year growth in 2021.

On the basis of applications, the personal care & cosmetics industry is estimated to account for a significant share in the market between 2021 and 2031. Increasing use of chia seeds in the production of lotions, serums, and creams is favoring the growth in the segment.

“Key players are emphasizing on launching novel variants of chia seeds such as chia oils, milk, gels to meet the surging demand for natural ingredients across nutritional & dietary sector. This is expected to accelerate the growth in the market,” says a FMI analyst.

Key Takeaways from Chia Seed Market Study

North America market is forecast to expand at a CAGR of 6.7% through 2031, owing to increasing demand for superfoods in the U.S.
Sales of chia seeds in Europe are estimated to rise at 6.10% CAGR driven by rising application across the food & beverages industry in Germany and the U.K.
China is anticipated to account for the largest share in the East Asia market, driven by the surging demand for organic and natural ingredients across packaged foods sector.
India is forecast to emerge as a highly attractive market in South Asia, owing to the rising awareness regarding the benefits of chia seeds among the population.
In terms of color, the black chia seeds segment is projected to hold the maximum share, on the back of increasing use in a variety of dishes ranging from desserts to bread.

Key Drivers

Increasing use of chia seeds in the production of nutrition bars, energy drinks, and other dietary supplements is propelling the demand across the nutritional and dietary sector.
Surging applications of whole chia seeds as a thickening agent in cake batters and smoothies is fueling the sales across the whole segment.

Key Restraints

High cost of organic chia seeds compared to conventional ones is hampering the sales across the organic segment.
Adverse effects associated with the consumption of chia seeds such as diarrhea, vomiting, high blood pressure, and hives are hindering the demand in the market.

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Competitive Landscape

As per FMI, top five companies in the global chia seed market are expected to account for around 40% to 60% of the total sales in 2021.

Leading companies are aiming at launching novel products and variants to expand its product portfolio. Some of the players are focusing on engaging in strategic collaborations, agreements, merger, and acquisition to increase their production capacity. For instance,

In February 2020, Mamma Chia, a leading food ingredients supplier, announced expanding its plant-based milk portfolio by launching Mamma Chia Organic Chiamilk. It is a dairy-free beverage that contains omega-3 fatty acids, more calcium, and zero sugar than a glass of milk. The Chiamilk is available in unsweetened vanilla and original variants, containing 60-70 calories per serving.
In September 2019, Nutiva, a U.S.-based company, announced launching a new glyphosate residue free product line of Organic Chia Seeds. It is certified by The Detox Project and considered a probable human carcinogen by the International Agency for Research on Cancer (IARC).

Some of the key players operating in the market profiled by FMI are:

Sesajal SA De CV
Bioglan (PHARM-A-CARE Laboratories Pty. Ltd.)
Nutiva Inc
Navitas Naturals
Spectrum Naturals (Hain Celestial Group)
Benexia (Functional Products Trading S A.)
Chia Bia Slovakia, s.r.o.
The Chia Co.
Vega Produce LLC.
CHOSEN FOODS INC
Mamma Chia
Now Health Group, Inc.
Naturkost Übelhör GmbH & Co. KG
AgroBolivia (Negocios Europa Ltd.)
Others

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More Valuable Insights on Chia Seed Market

The latest report by FMI provides a detailed analysis of the global chia seed market, providing credible insights into key factor driving the market through 2021 and beyond. The study also disclosed growth projections on in chia seed market with detailed segmentation:

By Origin:

Organic
Conventional

By Colour:

Black
White
Brown

By Form:

Whole
Grounded
Oil

By End-Use Application:

Food and Beverages
- Packed Chia
- Nutritional Bars
- Bakery and Snacks
- Breakfast Cereals
- Beverages
- Others
Personal Care Products and Cosmetics
Animal Feed and Pet Food
Nutritional and Dietary Supplements

By Region

North America
Latin America
Europe
East Asia
South Asia
Oceania
Middle East & Africa

Key Questions Covered in the Report

The report offers insight into chia seed market demand outlook for the forecast period 2021-2031
The market study also highlights projected sales growth for chia seed market between 2021 and 2031
Chia seed market survey identifies key growth drivers, restraints, and other forces impacting prevailing trends and evaluation of current market size and forecast and technological advancements within the industry
Chia seed market share analysis, covering key companies within the industry and coverage of strategies such as mergers & acquisitions, joint ventures, collaborations or partnerships, and others

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Paprika Color Market Snapshot : According to Future Market Insights (FMI) sales of paprika color will increase consistently to surpass US$76.92 Mn in 2021. Demand for paprika color is expected to grow at a 7.0% CAGR over the assessment period, from 2021 to 2031.

Dog Food Market Snapshot : The dog food market value is expected to reach US$ 44.83 Bn in 2021. According to Future Market Insights (FMI), the overall sales in the market will total US$ 81.65 Bn by 2031, rising at a CAGR of 6.2% for 2021-31.

Process Analytical Technology Market to Surpass $13,626.5 Million Revenue by 2030, says P&S Intelligence

December 16, 2021 Published by Roboticulized.com

The global process analytical technology market is projected to experience a CAGR of 17.1% between 2021 and 2030, to reach $13,626.5 million by 2030 from an estimated $3,283.8 million in 2021. The biggest reason behind this would be the rising number of drug research and development (R&D) activities. With the increasing cases of chronic and acute diseases, the demand for effective drugs with as few side-effects as possible is surging.

In this regard, the COVID-19 pandemic has acted as a strong growth driver for the market. In response to the increasing infection and mortality rates, the race to find effective preventive and curative drugs is heating up. As PAT is primarily utilized to monitor and evaluate the drug development process, the demand for it rose massively in 2020.

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Key Findings of Process Analytical Technology Market Report

Spectroscopy is the most-widely used PAT because it helps determine a sample’s atomic structure and a muscle’s molecular structure, alter the structure of drugs to improve effectiveness, and characterize proteins.
In the process analytical technology market, biopharmaceutical manufacturers are expected to be the fastest-growing end users. This is attributed to the rising need for biochemical analysis in the booming biotechnology industry in developing countries.
The demand for PAT will witness the most-rapid rise in Asia-Pacific (APAC) due to the existence of numerous pharma firms, advancing biotech sector, and surging cases of chronic and acute diseases.
To save on operational costs and focus more on marketing, pharma and biotech companies are outsourcing production to contract manufacturing organizations (CROs), which are becoming significant users of PAT, as a result.
Seeing the rising demand for PAT, products that offer greater accuracy and can be used in a wide variety of settings are being introduced. This is being aided by the increasing government investments in the biopharma and pharma industries.
In the coming years, the demand for chemometrics, statistical data processing, instrument repair and maintenance, and training services is expected to increase faster than for the instruments themselves

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Presently, North America holds the largest share in the process analytical technology market as it is home to the world’s largest biotechnology and pharmaceutical industries. Moreover, the advanced technological infrastructure in the region allows drug manufacturers to adopt PAT across the R&D process. In addition, the regional market is driven by the increasing focus on the quality by design (QbD) ideology.

Major companies in the process analytical technology market are PerkinElmer Inc., Carl Zeiss AG, Shimadzu Corporation, Mettler-Toledo International Inc., Danaher Corporation, Emerson Electric Co., Thermo Fisher Scientific Inc., Bruker Corporation, ABB Ltd., and Agilent Technologies Inc. They are launching new analysis systems, merging with or acquiring other companies, and entering into partnerships and collaborations to dominate the competition.

PAT Market Segmentation Analysis

PAT Market by Technique

Spectroscopy
- Molecular
- Atomic
- Mass
Chromatography
- Liquid chromatography (LC)
- Gas chromatography (GC)
Capillary Electrophoresis
Particle Size Analysis

PAT Market by Measurement

In-Line
At-Line
On-Line
Off-Line

PAT Market by End User

Pharmaceutical Manufacturers
Biopharmaceutical Manufacturers
Contract Research and Manufacturing Organizations

PAT Market by Offering

Products
- Analyzers
- Sensors and probes
- Samplers
Services

PAT Market Regional Outlook

North America
- U.S.
- Canada
Europe
- Germany
- U.K.
- France
- Italy
- Spain
Asia-Pacific
- China
- Japan
- India
- South Korea
Latin America
- Brazil
- Mexico
Middle East & Africa (MEA)
- Saudi Arabia
- U.A.E.
- Turkey
- Israel
- Egypt
- South Africa

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Embolotherapy Market – Geographically, North America accounted for the largest share in the embolotherapy market in 2020, and it is expected to witness the same trend during the forecast period.

Capnography Devices Market – Geographically, North America accounted for the largest share in the capnography devices market in 2020. This was due to the strong presence of eminent market players, high prevalence of respiratory ailments, existence of developed healthcare infrastructure, and extensive knowledge about capnography among the healthcare professionals in the region.

MDA and ICEYE sign agreement to integrate X-band SAR satellite into MDA’s CHORUS™ constellation

December 16, 2021 Published by Roboticulized.com

MDA Ltd. (TSX: MDA) and ICEYE today announced at the World Satellite Business Week event that they have entered into an agreement for ICEYE to supply an X-band Synthetic Aperture Radar (SAR) spacecraft for CHORUS, MDA’s next generation commercial Earth observation mission. A collaborative multi-sensor constellation, CHORUS brings together diverse and unique imagery and data sources, changing how and when we see the world by providing a new level of real-time insight and innovative Earth observation services.

Building on the legendary RADARSAT program, CHORUS will include C-band and X-band SAR satellites operating in a unique mid-inclination orbit with day or night imaging in all weather conditions. An essential element of the CHORUS constellation, the X-band spacecraft will fly in the same mid-inclination orbit with the identical ground track as the MDA-built C-band SAR satellite.

This revolutionary approach will provide the most extensive radar imaging capacity available on the market, with higher imaging performance, higher frequency imaging, variable imaging times, more imaging time per orbit, fast tasking, faster delivery timelines and Near Real-Time (NRT) data exploitation aided by machine-learning and artificial intelligence.

Adding a trailing high-resolution X-band SAR satellite to a powerful C-band SAR satellite will also unlock new use cases, including tipping and cueing techniques that allow MDA’s leading broad area sensor to monitor an area of interest (the “tip”) and to zoom in on objects of interest (the “cue”) using the trailing high resolution sensor.

Combining C-band and X-band capabilities, CHORUS will significantly enhance existing services and enable new applications not feasible with existing SAR satellites. Features include:

Designed with a focus on maritime surveillance applications, CHORUS will have dedicated vessel detection imaging modes with an imaging capacity to collect an area equal to 40% of the global Exclusive Economic Zones (EEZ) – or over 55 million square kilometres – every day using the 25m Vessel Detection Mode.
CHORUS will enable a new level of precision all-weather satellite monitoring of icebergs in the North Atlantic. This is currently achieved by crewed aircraft observations supplemented with Earth observation satellite imagery.
The mission will enable tipping and cueing operations between wide area surveillance to high-resolution point target monitoring. This unique capability is especially useful, when fused with space-based Automatic Identification System (AIS) data, for use cases such as broad area ship detection and vessel classification to support dark vessel detection activities.
The X-band satellite will operate in a trailing orbit which will enhance image correlation, allowing for more effective image fusion, measurements, exploitation and event or object characterization.

The companies also announced that they have signed a separate distribution agreement that will allow MDA to sell ICEYE’s existing and future X-band data to select RADARSAT-2 customers as well as to develop value-added products to immediately take advantage of advanced information data integration and analytics from these two types of SAR sensors.

MDA owns and operates RADARSAT-2, one of the world’s most capable commercial broad-area imaging satellites. With over 20 imaging modes, and established customers in over 45 countries, RADARSAT-2 delivers operationally reliable products and services supporting a number of use cases, including marine surveillance, ice monitoring, disaster management, environmental monitoring, resource management and mapping.

ICEYE operates the world’s largest commercial constellation of SAR satellites and has launched 14 spacecraft to date. The company is planning to further expand its constellation with at least four additional satellites by mid-2022, with the objective of reaching an average access time of three hours anywhere on the globe.

QUOTE

“We are thrilled to be working with ICEYE to add the X-band satellite for our ground-breaking CHORUS constellation. We now have two best-in-class technologies working together in harmony to bring new insights and actionable data for our customers’ demanding requirements. The agreement to distribute ICEYE data starting now to our RADARSAT-2 customers enables immediate action on the expansion of our information services roadmap.”
— Mike Greenley, Chief Executive Officer, MDA

“With these pivotal agreements, we recognize an excellent opportunity to showcase the very best of ICEYE’s capabilities and expertise with MDA. ICEYE will ensure the latest high-performance X-band SAR satellite technology and data are seamlessly integrated and always available as part of MDA’s CHORUS constellation. We are very proud to strengthen our relationship with MDA and we look forward to delivering them with best-in-class SAR capability for many years to come.”
— Rafal Modrzewski – Chief Executive Officer and Co-founder, ICEYE

The Injection Molded Plastics Market to record $385 billion in revenue by 2027, Says Global Market Insights Inc.

December 15, 2021 Published by Roboticulized.com

According to the recent report by Global Market Insights Inc., the Injection Molded Plastics Market was estimated at USD 275 Billion in 2020 and is slated to be valued at around USD 385 billion by 2027, registering with a CAGR of 3.2% from 2021 to 2027. The report offers a detailed analysis of drivers & opportunities, market size & estimations, wavering market trends, competitive scenario, top winning strategies, and major investment pockets.

Injection molded plastics refer to plastic shapes or products that are created through plastic injection molding. High usage of these plastics in varied industry verticals has played a key role in market growth. Rising emphasis on improving vehicle performance by replacing metal with plastics is primed to fuel product adoption in the automotive industry in the coming years. Furthermore, stringent regulations governing the use of bio-based products aim to reduce reliance on crude oil in key regions, which is estimated to create huge growth opportunities in the market over the review timeline.

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Polypropylene offers several benefits, such as food grade availability, low cost, excellent water resistance, and superior chemical and impact resistance, which has prompted manufacturers to include it in the production of household products and automobiles. Polypropylene also finds application in making bottles and containers for food & beverages. Driven by the rapid development of automotive, consumer electronics and appliances, and food & beverage sectors, the polypropylene raw material segment is expected to grow at a CAGR of approximately 5% through the forecast period.

Meanwhile, the injection molded plastics market from the HDPE raw material segment was valued at USD 45 billion in 2020 and is anticipated to see considerable growth through 2027. HDPE is a lightweight material and possesses various advantages like good electrical insulation, high strength, chemical resistance, and impermeability, which is set to fuel product uptake in the manufacturing of housewares and consumable goods over the following years.

Key reasons for injection molded plastics market growth:

Growing product uptake in automotive industry.
Increased product prominence in construction sector.
Prevalent application in manufacturing of housewares.
High adoption in consumer appliances and electronics.
Surging utilization in medical products during COVID-19.

2027 forecasts show ‘consumables & electronics’ segment retaining its dominance:

In terms of application, the consumables & electronics segment accounts for a significant share of the market. Injection molded plastics are utilized in consumer appliances and electronics products on account of their light weight, high durability, and excellent insulation properties. They can be fabricated in any size and shape with inexpensive technology and minimal waste. These plastics are also widely used in laptops, gadgets, clocks, mobile phones, and calculators, among other devices. Surging expenditure on consumer electronics, particularly in emerging nations, such as Asia Pacific, is likely to bolster the Injection molded plastics market share in the coming years.

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Europe to maintain top status in terms of revenue:

The Europe injection molded plastics market is estimated to exceed a valuation of USD 85 billion by the end of 2027, progressing at approximately 4% CAGR over the assessment timeframe. Owing to its useful properties, such as toughness, durability, cost efficiency, and impact strength, plastic is speculated to be widely applied in the European market for injection molded plastics. Moreover, as plastic can be reused, converted, and recycled, it generates low waste in compliance with EU directives, which is slated to foster regional market outlook through the forecast period. Additionally, the advent of green building technology in Europe is foreseen to drive the adoption of bio-based injection molded plastics in the forthcoming years.

Impact of COVID-19 pandemic on injection molded plastics market:

The onset of COVID-19 disrupted the global supply chain, however, the injection molded plastics market progressed at a moderate pace by virtue of widespread applicability of these plastics in varied industries. Notably, soaring demand for antimicrobial and antiviral properties in various products among consumers created massive growth potential for industry players. In addition, companies also shifted their focus on making products like personal protective equipment (PPE) and other medical equipment to accommodate the increasing demand for these products in the healthcare sector, which has been favorable for industry uptake during the pandemic.

Leading market players:

Some key players operating in the global injection molded plastics industry include BASF, ExxonMobil, Dow Chemical, SABIC, INEOS, LyondellBasell Industries, and others. They have incorporated several strategies including partnership, expansion, collaboration, joint ventures, and others to heighten their stand in the industry.

2021 CIEF Concluded, Commercialization of achievements is ongoing

December 15, 2021 Published by Roboticulized.com

At 9:00 in the morning, the auction house was in full swing, with transactions being completed one after another. At about 6:30 in the afternoon, the venue of the summary meeting of Guangdong-Hong Kong-Macao Greater Bay Area’s IT Application System Development Contest was still humming. The audience was actively involved in the transactions. The online CIEF platform received over 4 million hits by late night.

2021 CIEF is hosted by China Association for Science and Technology, the National Development and Reform Commission, the Chinese Academy of Sciences, the Chinese Academy of Engineering, the Central Committee of the Jiu San Society, the People’s Government of Guangdong Province, and the People’s Government of Guangzhou Municipality, and organized by the People’s Government of Guangzhou Municipality and Asia Data Group. The 2021 China Innovation and Entrepreneurship Fair (“CIEF”) with the theme of “Empower the Dual Circulation & Boost the New Development” closed in Guangzhou on December 12.

Although being postponed three times due to the COVID-19 pandemic, this year’s CIEF surpassed previous sessions in terms of exhibition area, participating projects, participating countries, and registered guests. The three-day fair showcased over 6,000 high-tech projects offline and online, covering biomedicine, artificial intelligence, smart manufacturing, intelligent driving, new energy, new materials and other fields. 214 new products (achievements) and 174 pieces of new technologies were unveiled for the first time. According to statistics, the fair attracted over 160 investment institutions and financial institutions, over 400 enterprises, and over 200 scientific research institutions, universities and groups. The exhibition featured 137 companies from 28 countries and regions participated, both online and offline. The three-day fair drew 35,000 visitors offline, while the online exhibition received over 3 million visits.

According to incomplete statistics, transactions worth 310 million yuan were concluded during the three-day fair, and 18 billion yuan in bank credit was provided. A total of 3 patent packages and 16 pieces of patented technologies were transacted at the patent technology achievement auction and the “Future Science and Technology Innovation Star” technological achievement auction, with a total transaction volume of 56.38 million yuan. Scientists and entrepreneurs realized win-win results. Every project and exhibit at the exhibition areas for the Chinese Academy of Sciences, the members of the Jiu San Society, and achievements of academicians are the result of efforts by scientific and technological workers, and have attracted the attention of visitors and the media. A slew of special events such as China (Guangzhou) Venture Capital Roundtable Summit, the launch of cultivation program for the IPO of Guangdong science and technology innovation businesses, High-end Equipment Manufacturing Innovation Forum, and Summit Forum on Strategy for Strengthening Technological Innovation Attributes of Businesses focus on the commercialization of technological achievements, attract investor attention, and provide the driving force for corporate innovation. The “Guangdong Skilled Workers” campaign and the Roadshow of Innovation and Entrepreneurship Achievements by Guangzhou–Hong Kong-Macao-Taiwan Young People demonstrate that the Guangdong-Hong Kong-Macao Greater Bay Area is resolved to promote collaborative innovation in science and technology, and create a global high ground for technological innovation. The issue of awards such as Guangzhou Science and Technology Innovation Nanshan Award, Most Investment-worthy Scientific and Technological Achievements, and Technological Innovation Growth Enterprise is a recognition of enterprises as well as scientific and technological workers who are involved in cooperation between industry, universities and research institutes.

The CIEF celebrates its seventh anniversary this year. Despite the fact that CIEF is still in the early stages of its quest to become the “Canton Fair for Innovation and Entrepreneurship Achievements”, it bears its aspirations in mind and forge ahead. 2021 is an extraordinary year for the CIEF. Despite the pandemic, it enjoys trust and support from many scientific research institutes, science and technology workers as well as technology companies. After seven years of exploration and development, the CIEF has become an influential international platform for the transfer and commercialization of technological achievements. This trust and support are valued, and CIEF will work tirelessly to realize the objectives.

Even though the 2021 CIEF is over, the commercialization of achievements is always ongoing.

SOURCE Asia Data Group

Pangiam and Google Cloud Collaborate to Transform Aviation Security

December 15, 2021 Published by Roboticulized.com

Today, Pangiam, in collaboration with Google Cloud, announced details of Project DARTMOUTH, an initiative to transform airport security operations by looking for threats concealed within baggage and other shipments at the airport.

Project DARTMOUTH will utilise Pangiam’s technologies alongside Google Cloud’s artificial intelligence (AI) and machine learning (ML) computer vision tools, such as their Vertex AI Platform. This technology will be tested within the security facilities of AGS Airport Ltd, owners and operators of Aberdeen, Glasgow, and Southampton Airports in the UK.

The collaboration means that Pangiam’s national security-grade technology and deep experience of managing aviation security threats will, for the first time, be boosted by Google Cloud’s industry-leading suite of AI technologies.

Project DARTMOUTH is intended to make air travel safer by integrating AI into airport baggage security and screening operations. The technology will in the first instance be focused on rapidly identifying potential threats in baggage, providing increased throughput at security checkpoints, addressing critical friction points in air travel as well as supporting security teams. In later phases the technology will scale to help tackle other pressure points in security and wider airport operations.

AI and ML models will be trained to be able to detect prohibited items in real-time as bags pass through airport X-ray scanning equipment. It will also be used to spot anomalies and unusual patterns which could indicate a new or coordinated attempt to breach security, before alerting security staff to examine those items further.

Alexis Long, Chief Strategy Officer for Pangiam said: “This technology marks a monumental step in bringing automation to aviation security and sets a new precedent for international security standards. First and foremost, the technology will deliver a better experience for the traveller, the airport, and governments. To help us achieve this, we have selected Google Cloud as our technology vendor of choice—a leader in artificial intelligence and cloud technologies.”

Mark Palmer, Head of EMEA Public Sector, Google Cloud said, “We are delighted to collaborate with Pangiam on this ground-breaking initiative to protect AGS’s network of passengers and customers. The power of artificial intelligence is boundless, and we look forward to improving the aviation industry at large.”

Commenting on the announcement, Chief Operating Officer of AGS Airports Ltd, Mark Johnston, said: “Google Cloud and Pangiam are world leaders in the artificial intelligence field, and we are pleased to be working in partnership with both organisations on a cutting-edge project that could have a transformative effect on the security of our passengers and colleagues.

“Aviation is an industry that never stands still, and as one of the UK’s biggest airport groups, we are continually looking at new ways to adapt and evolve. This is particularly the case when it comes to ensuring the safety and security of the millions of passengers we serve each year. We live in an ever-changing world with evolving threats and it is imperative that we continue to adapt and embrace new technologies that will enable frontline security teams to better deliver a seamless, safe, and secure customer experience.”

Project DARTMOUTH, named after the 1956 Dartmouth Summer Research Project on AI, widely considered to be the founding event of AI, has been in development for almost a year but was only announced publicly today. Project DARTMOUTH will enhance the screening of baggage and shipments and does not involve facial recognition technology.

Thermal Barrier Coatings Market Size Worth $21.69 Billion By 2028: Grand View Research, Inc.

December 15, 2021 Published by Roboticulized.com

The global thermal barrier coatings market size is expected to reach USD 21.69 billion by 2028, growing at a CAGR of 4.8% over the forecast period, according to a new study by Grand View Research, Inc. Increasing demand for advanced heat resistant coatings from several end-use industries including energy, automotive, and aerospace is expected to have a positive impact on the market growth in the coming years. The growing scope of applications in gas turbines, which are widely used across the energy sector, is also expected to propel the product demand.

Key Insights & Findings from the report:

The aerospace application segment accounted for a prominent share in 2020 and is further expected to witness significant growth over the forecast period
North America dominated the market in 2020. However, Asia Pacific is projected to be the fastest-growing regional market from 2021 to 2028
The ceramics product segment led the global market in 2020 and will remain dominant, growing at the fastest CAGR over the forecast period, due to its rising demand in various end-use industries
Prominent development strategies adopted by the leading companies in this market are merger & acquisition activities, technical collaborations, and plant expansions

Read 110 page market research report, “Thermal Barrier Coatings Market Size, Share & Trends Analysis Report By Technology (Air Plasma, EBPVD), By Product (Ceramics, Metals), By Application (Stationary Power Plant, Aerospace), By Combination, And Segment Forecasts, 2021 – 2028“, by Grand View Research

The Electron-Beam Physical Vapor Deposition (EBPVD) technology segment is estimated to witness significant growth over the forecast period. EBPVD thermal barrier coatings are widely used for gas turbine engine components to improve engine durability and efficiency. The growing gas turbine market is anticipated to significantly drive the demand for EBPVD thermal barrier coatings over the forecast period.

Rising power generation activities across the globe owing to the growing demand for electricity as a result of population growth and rapid urbanization is boosting the growth of gas turbines for power generation. Gas turbines play an important role in reducing Greenhouse Gas (GHG) emissions. As compared to other combustion-based electricity generation applications, these are very proficient and also reduce carbon emissions. Thus, the growth in the power generation sector along with an increased focus on generating electricity through sustainable energy sources is projected to propel the growth of gas turbines in the coming years.

An increasing number of stationary power plant installations in emerging economies is projected to drive the demand further. In addition, increasing product penetration in the aerospace application would also benefit market growth in the coming years. The rising adoption of air plasma and High-Velocity Oxygen Fuel (HVOF) technologies in automotive and aerospace applications is expected to drive product demand in these sectors. Heavy investments by leading industry participants, such as Praxair Surface Technologies, for the development of advanced and innovative coating solutions, will also have a positive impact on the market growth during the forecast period.

Grand View Research has segmented the global thermal barrier coatings market on the basis of product, application, technology, combination, and region:

TBC Product Outlook (Revenue, USD Million, 2017 – 2028)
- Metals
- Ceramics
- Intermetallics
- Others
TBC Application Outlook (Revenue, USD Million, 2017 – 2028)
- Stationary Power Plants
- Aerospace
- Automotive
- Others
TBC Technology Outlook (Revenue, USD Million, 2017 – 2028)
- EBPVD
- HVOF
- Chemical Vapor Deposition
- Air Plasma
- Others
TBC Combination Outlook (Revenue, USD Million, 2017 – 2028)
- Ceramic YSZ
- Al2O3
- MCrAiY
- Mullite-based
- Others
TBC Regional Outlook (Revenue, USD Million, 2017 – 2028)
- North America
  - U.S.
  - Canada
  - Mexico
- Europe
  - Germany
  - France
  - U.K.
  - Italy
- Asia Pacific
  - China
  - India
  - Japan
- Central & South America
  - Brazil
  - Argentina
- Middle East & Africa
  - Saudi Arabia
  - South Africa

List of Key Players of Thermal Barrier Coatings Market

Praxair Surface Technologies, Inc.
Metallisation Ltd.
Flame Spray Coating Co.
Precision Coating, Inc.
MesoCoat Inc.
Cincinnati Thermal Spray, Inc.
ASB Industries Inc.
Thermion
A&A Company
TWI Ltd.

Check out more studies on thermal and high temperature coatings, published by Grand View Research:

Thermal Insulation Coating Market – The global thermal insulation coating market size was valued at USD 6,660.5 million in 2016. Recent developments in the manufacturing and automobile sectors are likely to drive the demand for the heat barrier coats in these application segments.
High Temperature Coatings Market – The global high temperature coatings market size was valued at USD 3.3 billion in 2015. The industry is anticipated to witness moderate growth over the next few years on account of increasing product demand across various end-use industries such as metal processing, cookware and bakeware, and building and construction.
Thermal Spray Coatings Market – The global thermal spray coatings market size is projected to reach USD 14.1 billion by 2028. It is expected to grow at a CAGR of 4.1% from 2021 to 2028.

Browse through Grand View Research’s coverage of the Global Paints, Coatings & Printing Inks Industry.

Gain access to Grand View Compass, our BI enabled intuitive market research database of 10,000+ reports

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