How Smart Grid Companies are making Power Grids Intelligent?
As energy crises and prices sharply increase, we are witnessing some amazing innovation trends in the energy storage sector. One such trend we discuss in this post is “Smart Grid technology,” which allows electrical networks to operate more efficiently. The energy grid is where the crises mentioned above meet. Creating a smart grid is vital […]
Precision Medicine: A Growing Trend in Digital Healthcare
As every individual reacts to a treatment process differently, the one-size-fits-all approach isn’t always successful. Thanks to Precision medicine, doctors can now formulate strategies to treat their patients individually. Approvals by the FDA for precision medicine jumped to 40% percent in 2018, which was previously just 20% between 2013 and 2018. Therefore, confirming the legitimacy […]
Wearable Health Monitoring: Here’s what you should know
“Nearly 80% of people who do not use wearable health monitoring technology would like to use it for maintaining their fitness.” Business Insider From fitness tracking to wearable health monitoring, consumers are increasingly adopting digital healthcare solutions. As a result, the healthcare industry is also moving towards digitization. Monitoring patients using smart devices, such as […]
Thermal Energy Storage is about to change – Here’s why!
Over the years, there has been tremendous progress in the solar and wind energy sectors. Still, a power grid that relies on these volatile resources will struggle to match supply and demand consistently. Moreover, renewable energy has a high wastage rate because it is produced when not needed. This is where thermal energy storage systems […]
What to expect from the medical textiles industry in 2024?
Before the pandemic, the CAGR of patent filing in medical textiles was ~12.5%. Post-pandemic, it increased to 42.6%. The healthcare sector is advancing in many aspects, including smart devices, surgical robots, AR/VR consultation, etc. Medical textiles are one such aspect where we observed tremendous growth in innovation. As we uncovered these innovations, we saw many […]
Top Companies in Battery Energy Storage Systems
In 2021, the global battery energy storage systems market was valued at $4.04 billion and is expected to increase to $34.72 billion by 2030 with an approximate CAGR of 27%. Growing demand for power distribution energy storage systems due to continuous grid modernization and increased consumption of lithium-ion batteries in the renewable energy market is […]
Compostable Textiles in the Medical Industry
The COVID-19 pandemic resulted in a massive rise in the usage of medical personal protection equipment (PPE) worldwide. An exponential demand and the single-use nature of these products have led to the problem of littering. In addition, most of these products are made from plastics (such as polypropylene and polyethylene terephthalate) and have thus become […]
Antimicrobial Medical Textiles: Research has increased since COVID
Consumers have become more cautious since COVID knocked on our doors. Using hand sanitizers has become an ideal, surface disinfectant, a commodity. We also saw a similar trend in the textile industry – antimicrobial medical textiles. A survey conducted by Ascend Performance Materials found that 82% of people are likely to buy apparel with no-odor […]
The Growing Trend in Sensor-based Smart Medical Textiles
“What’s happening in your stomach?” an email popped up as I opened my laptop. Mr. Bertalan Mesko had got his hands on Gastric Alimetry, a flagship wearable gastric diagnostic device by Alimetry. ‘Smart medical textiles’, I thought to myself. The medical textile industry is growing exponentially. The increasing general awareness among consumers and the institutional […]
10 Metaverse Companies Leading in 2025
The metaverse, regarded as the next generation of the internet, is where the real and virtual worlds meet. The technology provides a space for endless, interconnected virtual communities. All by using virtual reality (VR) headsets, augmented reality (AR) glasses, smartphone apps, or other devices. It allows digital representations of people, known as avatars. They can […]
A Deeper dive into Long Duration Energy Storage Companies
As per the report by Global X ETF, to reach global net-zero power sector targets, Long-Duration Energy Storage Systems must be scaled up by an estimated 400 times from present-day levels to 85–140TWh by 2040. This scale-up equates to a $1.5–3.0 trillion investment opportunity. Source: Global X ETF Such a high investment opportunity results from […]
Green Hydrogen Fuel Cell Vehicles over Battery Vehicles – What’s Best?
Transportation has contributed to the U.S.’s 27% of 2020 greenhouse gas emissions and holds the largest share of greenhouse gas emissions. As a result, two technologies have emerged to meet the decarbonization need of the industry- Li-ion battery electric vehicles and green hydrogen fuel cell vehicles. While one technology is more commercialized, another is still […]
5 Innovations showing promising results in Decarbonization of Steel
Every ton of steel produced in 2018 emitted 1.85 tons of carbon dioxide on average, equating to about 8 percent of global carbon dioxide emissions. Studies estimate that the global steel industry may find approximately 14 percent of steel companies’ potential value at risk if they cannot decrease their environmental impact. Moreover, long investment cycles […]
Innovative materials changing the face of Thermal Insulation Packaging
The global thermal insulation packaging market is set to reach USD 247.1 Bn by 2030, at a substantial CAGR of 17.2% between 2022 and 2030. The given projected value is the conclusive result of various industries’ efforts to shift toward insulated packaging. But the question is—why? Why not stick to traditional packaging? Why innovate in […]
How to grow your EV battery recycling business with Patents?
Rapid growth in the electric vehicle (EV) industry is imperative for reducing pollution. The market for EVs is growing faster than ever. But even then, the problem of reducing pollution has remained unresolved because of EV batteries. Thus giving the EV battery recycling business a necessary boost. On the bright side, these end-of-life batteries also […]
How to Prevent Thermal Runaway in a Lithium-ion Battery?
Boeing’s Dreamliner 787, which Boeing advertised as 20% fuel efficient, was grounded in 2013. In the same year, Tesla’s Model S came under a federal safety investigation after it caught fire at least 3 times. In 2016, Samsung recalled 2.5 million Galaxy Note 7 smartphones. For all three companies, which are top players in their domain, […]
