Coal is the biggest of all three fossil fuels, contributing to greenhouse gases (GHG) emissions. Non-renewable energy sources namely coal, oil, and gas, as their name suggests, cannot be replenished and, ironically, supply more than 80% of world energy. According to a report of the World Bank, coal alone contributed to more than 70% of […]
Tag: Global Trends
CNG & LPG are the alternative fuels while petrol and diesel are still used as primary energy sources, but there have been major shifts after the last year’s pandemic. Conventional fuels – petrol and diesel, accounted for the EU’s market share of 75.5% in 2020, as per European Automobile Manufacturers Association (ACEA). According to the […]
Key Points: Automotive chips shortage fostered 6-7 million fewer vehicles production globally COVID-19 bestowed upon the global crisis of semiconductor shortage in 2021 Commodities’ dependency on chips will result in an impacted global trade state “European Chips Act” and Intel Corporation investment will reduce chips shortage Global semiconductor shortages have outgrown themselves since the pandemic. […]
Key Points: Increasing cardiovascular disorders is the major driver for pacemaker demand Older age groups’ population in most nations are likely to increase in coming years Global cardiac pacemaker market will increase by a CAGR rate of 5.88% by 2026 United States has the highest implantation rate and cardiac pacemaker’s leaders Growing Global Pacemaker Market […]
The increasing demand for electric vehicles (EVs) is rapidly growing with the passage of time and changes in the environment. This gradual adoption of electric vehicles dates back to around 2015. The much-needed conversations on planet earth are one of the major contributors to rise of the electric vehicles. Over the few years, the conservation […]