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Showing posts from November, 2020

Denim Market to Witness 5.8% CAGR during 2018–2023

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The global denim market is predicted to generate a revenue of $79.2 billion in 2023, increasing from $56.1 billion in 2017, progressing at a 5.8% CAGR during the forecast period (2018–2023), as per a research conducted by P&S Intelligence. The worldwide growth in the e-commerce industry and transformation of the Asian retail clothing industry are the major driving factors of the market. In terms of segment, the market is divided into premium, standard, and mass market. Among all these, the premium division is expected to register the highest CAGR during the forecast period, owing to rapid westernization, increasing number of high-net-worth individuals, and growing upper-middle-class population around the world. On the basis of consumer type, the market is classified into children, men, and women, out of which, the men classification dominated the market in 2017. Men are creating increasing demand for casual and rugged-material clothing. They wear denim clothing for several purpos

Automotive HMI Market Opportunities, Trends, Growth Analysis | Forecast – 2030

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According to a report by P&S Intelligence, the global automotive HMI market is projected to generate a revenue of $55,318.4 million by 2030, increasing from $18,822.3 million in 2019, progressing at a 10.8% CAGR during the forecast period (2020–2030). The market is registering growth due to the advancements in the augmented reality, connectivity, virtual reality, and IoT technologies and the incorporation of these technologies in HMI solutions. Moreover, the swift digitization is also predicted to result in the growth of the market. Geographically, Asia-Pacific (APAC) dominated the market in 2019, in terms of value, due to the higher sales of passenger cars in the region in comparison to other regions. As the spending power of consumers is rising, the adoption of HMI-equipped vehicles is projected to rise as well. In addition to this, the Chinese automotive domain is registering considerable growth in the demand and sales of premium cars, which is further leading to the growth of

Cathode Material for Automotive Lithium-Ion Battery Market to Register Robust Growth of 6.9% during 2020-2030

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The global cathode material for automotive lithium-ion battery market generated a revenue of $1,744.9 million in 2019 and is predicted to advance at a CAGR of 6.9% between 2020 and 2030. The market is expected to attain a valuation of $3,777.8 million by 2030. The growing usage of electric vehicles, rapid fall in the costs of cathode materials, and the growth of the energy storage battery industry are the key factors driving the advancement of the market. Request to Get the Sample Report@  https://www.psmarketresearch.com/market-analysis/cathode-material-automotive-lithium-ion-battery-market/report-sample With increasing environmental degradation and the deteriorating air quality levels in several countries, the deployment of electric vehicles is increasing rapidly. This is, in turn, pushing up the requirement for lithium-ion batteries, which is subsequently causing the expansion of the  cathode material for automotive lithium-ion battery market . According to many reports, over 2.1 mi

8.8% CAGR Expected in Global Omega-3 Market during 2020–2030

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It is highly unlikely that junk food will ever go out of trend, however, people are becoming more conscious regarding their health, which is why they are opting for healthier food items. Food items rich in nutrient especially are becoming popular day-by-day among the general public. A major drawback in the past regarding the adoption of healthier food items was their high cost, but due to economic growth and rise in disposable income, a large number of people are able to make healthy choices. A new continuum of nutrient-positioned products ranging from fortified/functional foods to nutrient supplements is emerging across the globe. Attributed to these reasons, the demand for omega-3 is also increasing rapidly. Omega-3 fatty acids are basically found in foods including flaxseed and fish and dietary supplements including fish oil. Omega-3 supplements are quite beneficial for the body, as is has been observed that their consumption can prevent cardiovascular diseases, asthma, rheumatoid

Europe Autonomous Car Market to Witness Robust Expansion Throughout the Forecast Period 2030

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The adoption of autonomous cars has increased tremendously in Europe over the last few years and is predicted to rise even more in the coming years. The main reason promoting the deployment of autonomous cars in this region is the presence of favorable laws for the adoption of autonomous cars in many European countries. The policies pertaining to the intellectual property, product liability, corporate /M&A transactions, and cybersecurity in several European countries are very favorable for the development and sales of autonomous cars. The regulatory policy recently implemented in Spain is the biggest example of such favorable policies related to autonomous vehicles. The Directorate General of Traffic (DGT) collaborated with Mobileye in 2017 for preparing an infrastructure ecosystem and favorable regulatory policy in the country for autonomous vehicles. The DGT encourages the adoption of all autonomous cars up to level 5 in the country. Similarly, in Germany, the Road Traffic Act w

Electric Car Market Sales Predicted to Shoot-Up in Coming Years

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There has been a sharp growth in the sales of electric cars over the last few years, mainly because of the increasing pollution levels, the enactment of strict emission regulations and norms, reducing prices of electric car batteries, and the rising customer preference for electric cars over the conventional internal combustion engine (ICE)-powered vehicles in many countries around the world. Because of these reasons, the global electric car market is predicted to grow substantially in the coming years. The deteriorating air quality levels in many countries, on account of the large-scale usage of fossil fuel-powered vehicles, are making the governments and regulatory authorities enact stringent regulations for controlling the emission levels. Moreover, the governments of several countries have implemented strict laws for reducing the emission of greenhouse gases (GHG). For example, in order to clean the environment, the Dutch government has set a target of achieving 100% sales of zero-

Diaper Market By Industry Share, Revenue, Growth, Global Foresight And Key Growth Drivers

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 The number of working women across the globe has risen significantly over the past few years. While before, women were considered fit for only child rearing and household activities, years of rebellion and social movements has led to change in the societal structure. The situation has improved a lot in developing countries as well, such as India. Today, women are actively participating in every field across the globe and are not just confined to their houses. While the change is positive in every aspect, juggling work and bringing up a child are by no means an easy job. This is why women are increasingly seeking any help they can to manage their lives properly. This has led to a rapid expansion of the  diaper market  across the globe. Now with the increasing utilization of these products, manufacturers are further trying to develop advanced and more durable items, such as eco-friendly biodegradable diapers. It has been observed that in the first years of their life, babies use about

Connected Car Market Sales Predicted to Shoot-Up in Coming Years

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The increasing concerns regarding vehicular security and safety amongst end users, original equipment manufacturers (OEMs), and the governments of several countries is a key factor propelling the demand for connected cars throughout the world. The integration of advanced technologies like automatic braking, lane assist, and advanced driver assistance systems (ADASs) in vehicles enhance the safety of the vehicles and significantly reduce traffic rule violations, which in turn, causes a sharp decline in the incidence of road accidents and fatalities. Furthermore, the implementation of strict safety regulations is fuelling the surge in the popularity of connected cars all over the globe. Request to Get the Sample Report@  https://www.psmarketresearch.com/market-analysis/connected-car-market/report-sample The other major factor powering the progress of the connected car market is the rising need for improved driving experience across the world. The adoption of advanced connectivity syste

Revenue Share of U.S. Mattress Market During 2020-2030

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The U.S. mattress market is predicted to generate a revenue of $22,519.9 million by 2030, increasing from $15,728.8 million in 2019, progressing at a 3.5% CAGR during the forecast period (2020–2030), as per a report by P&S Intelligence. The major factors leading to the growth of the market are the rising infrastructure investments in the residential sector and rapidly expanding tourism industry of the country. On the basis of product, the market is divided into latex, memory foam, and innerspring. Out of these, the memory foam division is projected to register the highest CAGR during the forecast period. The emergence of the direct-to-customer (DTC) model is primarily causing the shift in preference from innerspring to memory foam mattresses. These mattresses can be rolled in a box, which is also called a bed-in-a-box, and the concept has gained immense popularity in recent years among customers. It has been estimated that more than 200 DTC companies are currently operating in the

Fueled by Rising Incidence of Road Accidents, Sales of Intelligent Traffic Cameras to Generate Over $20,000.0 Million Revenue in 2030

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The rising prevalence of road accidents is rapidly becoming a serious issue in several countries around the world. Moreover, road accidents are claiming more and more lives all over the world every year, owing to which, traffic regulatory authorities in various countries are increasingly adopting intelligent traffic cameras. These cameras capture video sequences and images of vehicles and then analyze this data with the help of face recognition, motion analysis, and other high-level image processing techniques. The compressed video data and information are then transferred to the concerned authorities via a secure network for further video analysis. The soaring population levels in several emerging economies such as China, Brazil, and India are pushing up the incidence of road accidents, which is, in turn, boosting the demand for higher road safety. Due to this reason, the sales of intelligent traffic cameras are surging sharply in these countries. Request to Get the Sample Report@ 

Air Ambulance Services Market Assessment Covering Growth Factors and Upcoming Trends

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Due to the soaring geriatric population and the rising prevalence of chronic diseases, the demand for ambulance services is surging all over the world. While the people living in the major cities have access to proper healthcare and medical facilities, the inhabitants of tier 2 and tier 3 cities, rural areas, and hilly regions often find themselves in great difficulty, especially in emergency situations, because of the lack of access to hospitals and other healthcare facilities. Across the globe, the APAC air ambulance services market revenue  will be very prosperous in the forthcoming years, as per the market research firm, P&S Intelligence. This would be a result of the existence of numerous helicopter ambulance service providers and the growing prevalence of life-threatening diseases in people that require immediate medical treatment, in the region. Request to Get the Sample Report@  https://www.psmarketresearch.com/market-analysis/air-ambulance-services-market/report-sample Fix

How is Growing Preference of Herbal Personal Care Products Driving Demand for Neem Extract?

The demand for personal care products has been soaring these days all across the globe. As people are now extremely conscious regarding their physical appearance, they are increasingly investing in personal care products that can aid in enhancing their aesthetic appearance. Moreover, the increased disposable income of people, thanks to the strong economic growth, in various countries is also resulting in the increasing demand for personal care products. These day the demand for herbal personal care products has been rising as well, since people are getting increasingly aware regarding the side-effects of cosmetics. Several skin and hair care products contain chemicals that can prove harmful for the human body. Owing to this, the demand for neem-based products has increased substantially over the past few years, thereby resulting in the growth of the global neem extractmarket . Other than this, the preference for Ayurvedic medicines has also been rising in various parts of the world.

APAC Anti-Drone Market Status & Demand | Industry Forecast Report To 2025

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Due to the sharp surge in the instances of drones having close encounters with commercial aircrafts and the rise in drone detection cases in recent times, the demand for anti-drone technology is growing rapidly in the Asia-Pacific (APAC) region. Close encounters and near misses between manned and unmanned aircrafts have become extremely common in the last few years. Moreover, these encounters have caused many catastrophic accidents around the world during the past few years. Request to Get the Sample Report@   https://www.psmarketresearch.com/market-analysis/apac-anti-drone-market/report-sample For example, a Chinese tourist breached security at the Taj Mahal in India in October 2018. He took his drone inside the area manned by the Central Industrial Security Force (CISF). Due to these incidents, the Bureau of Civil Aviation Security (BCAS), which is the aviation security supervisory body of India, enacted a counter-drone plan in July 2018 for safeguarding airports from the th

Why Growth Asia-Pacific (APAC) Electric Scooters and Motorcycles Market is Reflective of Increasing Regional Urbanization?

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With more than 2.3 billion city dwellers, Asia-Pacific (APAC), for the first time in 2019, became a region with the majority of its population living in urban areas, as per the United Nations Economic and Social Commission for Asia and the Pacific (UNESCAP). As an increasing number of people are migrating to cities, the demand for urban transportation modes is also rising. This had led to an enormous surge in the sale of automobiles in the region in the last 10–15 years. Consequently, the level of toxic gases in the air has also grown, due to the combustion of gasoline and diesel in vehicles. Therefore, numerous governments in the region are offering their support, in the form of subsidies and incentives, to those who purchase electric vehicles (EVs) as well as those who manufacture them. As a result, the APAC electric scooters and motorcycles market is projected to see its sales volume increase to 31.2 million units by 2025, at a 7.6% CAGR during 2018–2025. As such automobiles do no

Automotive LiDAR Market Future Trends, Prominent Players, Industry Impact and Forecast by 2030

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Due to rapid technological advancements, the implementation of strict safety regulations and policies regarding vehicles by the governments of several countries, and the superior detection ability of LiDAR (light detection and ranging), the global   automotive LiDAR market   is predicted to register huge growth in the coming years. Many public and private organizations are making huge investments in the development of LiDAR sensors, on account of excellent performance of these sensors in various automotive applications. Due to the growing prevalence of road accidents, the governments of many countries are implementing strict regulations that mandate the adoption of safety systems and features in automobiles. For example, the EU (European Union) has recently enacted a regulation that mandate the incorporation of various driver assistance features such as emergency stop signal, intelligent speed assistance, and advanced emergency braking in automobiles running on the roads of the member