Automotive Glass Market (CAGR of 6.3%): Future Prospects, Size and Driver and Forecast to 2027
January 6, 2021 | by admin |
The
automotive glass market was valued at US$ 14.70 Bn in 2018 and expected to reach US$ 25.22 Bn by 2027 at a CAGR of 6.3% throughout the forecast period from 2019 to 2027.
Market Insights
“Evolving need to manage hybrid IT and reduce security risk will spur revenue growth during the forecast period”
Rapid technological advancements in automotive industry coupled with increasing safety focus on customer safety is propelling the growth of the automotive glass market. The combination of factors including rise in the level of income of middle class, increasing young population are drivers fueling the growth of automotive, thus increasing the demand of automotive glass industry across the globe. The industry is facing many changes owing to advancement in technology as well as increasing demand for sun roof is propelling the automotive
Heat Pumps Market (CAGR of 7.9%): Future Prospects, Size and Driver and Forecast to 2027
January 6, 2021 | by admin |
The heat pumps market was valued at US$ 50.25 Bn in 2018 and expected to grow at a CAGR of 7.9% during the forecast period from 2019 to 2027.
Market Insights
Increased emission of greenhouse gases worldwide will enhance the heat pumps market
Increased emission of greenhouse gases and rising government regulations for energy efficiency worldwide will enhance the demand for heat pumps market throughout the forecast period from 2019-2027. Increasing need for renewable energy sources along with rapid infrastructural development are some another factors driving the market growth. In 2018, Asia Pacific dominates the global heat pumps market backed by North America.
Multi-Parameter Patient Monitoring Equipment Market (CAGR of 5.8%): Future Prospects, Size and Competitive Analysis 2019 – 2027
January 6, 2021 | by admin |
The Multi-Parameter Patient Monitoring Equipment market was valued at US$ 3.10 Bn in 2019, expected to grow at a CAGR of 5.8% during the forecast period from 2019 to 2027.
Market Insights
“Increasing prevalence of lifestyle diseases along with new FDA approval for portable devices will enhance the market growth globally”
The global multi-parameter patient monitoring equipment market is growing efficiently from 2019 to 2027 attributed to the rise in incidences of lifestyle diseases, increased hospital admissions, new launch of portable and fixed equipment. Additionally, increased awareness of enhanced applications along with home care in the end user segment will drive market growth. Multiparameter monitoring permits healthcare professionals to utilize significant patient clinical data in providing b
Hydrogen Energy Storage Market (CAGR of 5.7%): Future Prospects, Size and Competitive Analysis 2019 – 2027
January 6, 2021 | by admin |
The global Hydrogen Energy Storage market is worth US$ 12.96 Bn in 2018 and expected to grow at a CAGR of 5.7% during the forecast period from 2019 to 2027.
Market Insights
“Rising investment in green energy technology is driving”
Growing applications of hydrogen and advancement in technology to store and utilize hydrogen potential are driving the global hydrogen energy storage market. Increasing the adoption of hydrogen energy as fuel estimated to reduce carbon emission, increasing the reliability of supply, and reduce consumption of conventional fossil fuels. New technologies such as direct injection of hydrogen into the natural gas pipeline referred to as power-to-gas and pre-conversion of hydrogen to methane to avoid various blending issues have a large impact on the application of hydrogen as a fuel; thereby incr
Relaxation drinks Market (CAGR of 14.6%): Future Prospects, Size and Driver and Forecast to 2027
January 6, 2021 | by admin |
The
relaxation drinks market was valued at US$ 330.8 Mn in 2018 and expected to grow at a CAGR of 14.06% during the forecast period from 2019 to 2027.
Market Insights
“Relaxation drinks act as healthy alternatives to soft drinks”
The increasing importance of mindfulness to consumers globally increases the demand for relaxation drinks as it offers the necessary relaxation and healthy alternative to soft drinks. Relaxation drinks are becoming significant for the Asian market such as China and India. As people in this region are indulged in various mindful and relaxation activities. Moreover, herbal-based products form a major part of the diets of people in the Asian region. Increasing IoT trends and rising awareness for healthy, organic, and natural products drive the market growth.