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Showing posts from February, 2024

Artificial Intelligence Is Fastest Growing Segment Fueling The Growth Of Robotic Prosthetics Market

The global Robotic Prosthetics Market is estimated to be valued at US$ 2.90 Bn in 2023 and is expected to exhibit a CAGR of 9.5% over the forecast period 2023-2030, as highlighted in a new report published by CoherentMI. Market Overview: Robotic prosthetics refer to lightweight and dexterous artificial limbs that are powered by advanced robotics technology. These prosthetics provide enhanced functionality and mobility compared to traditional prosthetics through features like pressure sensors, joint position sensors and motorized actuators. Market Key Trends: One of the key trends fueling the growth of the market is the development of brain-computer interface (BCI) robotic prosthetics. BCIs help establish a direct communication pathway between the brain and external devices. Recent advancements in BCI technology now allow users to control prosthetic devices directly through thought. For example, researchers have developed robotic hands that can mimic five human hand gestures through non...

India Biofuel : Present Outlook and Emerging Trends

India Embracing Biofuels for Greener Future India is making huge strides in adopting  biofuels  as an alternative to fossil fuels to meet its energy demands in a sustainable manner. With rising crude oil prices and environmental concerns around fossil fuels, biofuels are emerging as a promising eco-friendly option. The Government of India has introduced several policies and programs to boost the production and use of biofuels in the country. Biofuels in India: Current Scenario India currently produces around 6 billion litres of biofuels annually with ethanol and biodiesel being the major biofuels. Ethanol is mainly produced from molasses, a byproduct of sugarcane farming. The government has made it mandatory to blend 5% ethanol in petrol (E5) across the country. This has led to a rise in ethanol consumption from around 150 crore litres in 2013-14 to over 300 crore litres in 2020-21. Biodiesel in India is mainly produced from non-edible oils like those derived from mahua, karan...