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Companies in Extended Reality (XR) Market Aim at Offering All-Round Immersive Experience for Consumers, Market Projected to Expand at CAGR of 45% from 2020 to 2030: TMR


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Penetration of mobile computing to accelerate the pace of innovation, ARs and VRs in mobile and gaming act as key enablers
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Growing demand for digital environments in industries a compelling proposition for developers of XR, global valuation to cross 1.1 Trn by 2030
ALBANY, N.Y., March 10, 2021 /PRNewswire/ The extended reality (XR) market has evolved on the back of growing applications of virtual reality (VR), augmented reality (AR), and mixed reality, and an array of technologies that are combination of these. Various industry verticals such as gaming, entertainment, healthcare, education, and real-estate are leveraging these technologies to offer an immersive experience to their customers, and earn a competitive edge. Concomitant advances in hardware components and remarkable strides made by computing technologies have enriched the landscape of the extended reality (XR) market. Coupled with the advancements made in sound and digital graphics and pen ....

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Growing Appetite for Automotive Production to Spur Sales in Manganese Alloys Market, Valuation to Expand at 5.9% CAGR during 2019


Growing Appetite for Automotive Production to Spur Sales in Manganese Alloys Market, Valuation to Expand at 5.9% CAGR during 2019 - 2027: TMR
Proliferating Use in Numerous Industries Drive Prospects
The growing demand for manganese alloys in various end-use industrial applications is key to expanding revenue streams in the manganese alloys market. Grades of alloys are used in ships and boats construction, where the use of manganese imparts high tensile strength and hardenability. The use of manganese as alloys considerably improved the machinability of end-use applications of the steel industry. The unique combination of properties that manganese alloys results in lightweight automobile structures. The growing use of ferromanganese alloys in the steel industry has been driven by the rapid strides in steel manufacturing in some of the rapidly emerging economies of the world. ....

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Posco expands EV parts manufacturing capacity


Posco International Corporation, a subsidiary of South Korea s largest steelmaker, said it plans to expand its capacity to produce bipolar plates used in hydrogen fuel cell systems that power electric vehicles (EVs), according to local reports.
Posco plans to expand its capacity to produce bipolar plates at its Cheonan plant in South Korea to 10,000 tonnes per year by 2027, from 1,400 tonnes at present, in anticipation of rapid growth in global demand. This would be enough for 245,000 fuel cell electric vehicles, the company reportedly said in a statement.
The industrial giant has recently shifted its focus to supplying the growing global EV market. Last month the group s Posco Chemical Company subsidiary said it was investing KRW276bn (US$242m) to expand its production capacity of cathodes, a key component for EV batteries.  ....

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