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Facial care products, such as face wash, face creams, face masks, moisturizers, cleansers, scrubs, serums, and toners are gaining prominence among the working class, as they alleviate stress and signs of aging and revitalize the skin, which, in turn, helps people look fresh even after long working hours. For instance, Tata Harper aromatic stress treatment, Estée Lauder stress relief eye mask, and Vitruvi facial spray help in increasing facial glow and alleviating the stress of end-users. Facial Care Market Outlook Moreover, the booming geriatric population will also support the facial care market growth in the foreseeable future. As aging leads to skin loosening, old people across the world are increasingly opting for anti-aging creams, owing to the rising consciousness among this age pool to look younger. The United Nations Department of Economic and Social Affairs (UNDESA) estimates that the population of people aged 65 years or above will surge from 727 million in 2020 to more than

The increasing adoption of kick scooters in kick scooter sharing services is fueling their sales across the world. As compared to the other types of vehicles used by shared mobility service providers, electric kick scooters can be easily leveraged for solving the issue of last-mile connectivity and they can also be hyper-localized. Moreover, these vehicles are highly compact, easy to operate, and do not need any physical exertion, which further boost their popularity among shared mobility service providers. Additionally, many companies have started providing their scooter sharing services in different locations, which has also propelled the growth of the kick scooter market. For example, Sharing Muving SL, which is a Spanish electric scooter sharing company, announced in 2018 that it has started offering its service in Atlanta, the U.S. Furthermore, Neutron Holdings Inc., which operates under the name LimeBike, launched dockless electric kick scooters and bikes for sharing in many citi

The burgeoning requirement for human machine interface (HMI) systems and booming sales of passenger vehicles are fueling the demand for automotive infotainment systems across the world. For instance, Nissan has announced it has started the development of self-driving cars for replacing human requirement for operating the vehicle. These systems provided various advantages such as improved scheduling and routing, reduced operating costs, and enhanced driver productivity. According to the India Brand Equity Foundation (IBEF), the production of automobiles in India grew at a CAGR of 2.36% from FY16 to FY20 and reached 26.36 million units in FY20. Apart from this, the surging deployment of small and medium-sized cars is also propelling the sales of automotive infotainment systems . Additionally, the rapid advancements being made in wireless technologies are also fueling the development of automotive infotainment products and services. The adoption of voice interface systems in vehicles is a

Due to the implementation of strict emission norms by the governments of several countries, the demand for eco-friendly vehicles has increased massively. This is driving the expansion of the global electric off-highway vehicles market. As a result, the market generated a revenue of ~$7 billion in 2020. Moreover, with the enactment of these regulations, many automotive manufacturing companies are shifting their focus from internal combustion engine-powered vehicles toward automobiles having alternative powertrains. Industry Outlook For Electric Off-Highway Vehicles Additionally, the surging requirement for emission-free and low-noise construction machines, especially in residential areas, is also fueling the growth of the electric off-highway vehicles market. Due to these factors, the electrification of off-highway vehicles, including those used in the construction industry, is rising rapidly. This is because of the fact that the necessary technologies are rapidly becoming affordable a

The expansion of the e-commerce industry, especially in the developing countries, on account of the increasing internet and smartphone penetration, and the changing styles of logistics models are driving the demand for retail logistics across the world. As per the findings of the United Nations Conference on Trade and Development (UNCTAD), the share of online retail sales in the worldwide retail sales grew from 16% to 19% in 2020. Additionally, the organization also observed that e-commerce sales all over the world increased to $26.7 trillion in 2019, recording a rise of 4% from 2018. Furthermore, according to the India Brand Equity Foundation (IBEF), in India, the e-commerce order volume surged by 36% in the last quarter of 2020. Retail logistics is basically a sub-arm of logistics. In simple terms, it can be defined as an instrumental process of managing the merchandise flow from the supply source to customers. The retail logistics system ensures smooth flow of products to customers

The e-commerce industry is flourishing across the globe, particularly in emerging economies, including Brazil, China, and India. With the advent of online shopping platforms and hassle-free home delivery, people can now easily choose from a wide variety of things. Moreover, the disposable income of people in developed and developing countries is increasing as well, which is why they are able to spend more on different items. As the industry is witnessing growth, the need for increasing productivity and efficiency in warehouses is rising swiftly as well. Attributed to this, different companies in the e-commerce industry are increasingly making use of automated guided vehicles . Also known as self-guided vehicles, automated guided vehicles are load carriers or material handling systems which travel throughout distribution centers, warehouses, or manufacturing facilities autonomously, i.e., without a driver or operator. For example, Amazon Inc. makes use of robots called drives for delive

One of the major factors fueling the popularity of compressed natural gas (CNG) and liquified petroleum gas (LPG)-powered vehicles is their lower operating costs than the diesel and gasoline-powered vehicles. In Europe, the cost of CNG lies in the range of around $1.50–$2.80 per gallon on a gasoline-gallon equivalent basis. This means that it is 40–75% cheaper than gasoline or diesel. The companies utilizing CNG-powered trucks often witness payback on the conversion cost within 24–36 months.  Similarly, in the U.S. the cost of LPG is around $2.00 per gallon, which leads to 50% cost savings per gallon when compared to diesel and gasoline. Apart from the low running costs of these vehicles, the expansion of the e-commerce industry is also fueling their demand across the world. As per many reports, the share of e-commerce sales in the global retail sales grew from 10% in 2017 to nearly 14% in 2019.   As a result, the market size is predicted to rise from 56.2 million units in 2019 to 102.

With the daily lives of people getting busier, on account of long working hours and hectic workdays, the demand for ready-to-eat food items is soaring rapidly in the U.S. This is subsequently pushing up the demand for sauces in the country. Moreover, the sharp surge in the number of working professionals, especially in the urban areas, is massively boosting the demand for sauces in the country. Sauces are extremely useful for cooking and preparing meals quickly and without much hassle.  Apart from the aforementioned factor, the increasing disposable income of the people residing in the country is also propelling the sales of sauces in the U.S. As per various reports and surveys, the disposable income of U.S. citizens grew to as much as 4% from January 2018 to January 2019. This has caused a massive rise in the sales of fast food items and ready-to-eat foods all over the country.  Request to Get the Sample Report: https://www.psmarketresearch.com/market-analysis/us-sauces-market/report

Factors such as the increasing concerns about food nutrition, security, and sustainability and mounting investments in plant-based protein sources will drive the meat substitutes market growth during the forecast period (2021–2023). According to P&S Intelligence, the market generated $1,769.0 million in revenue in 2020. At present, the surging consumer preference for vegan diets has become a prominent market trend, owing to the growing public awareness of healthy eating habits, hygienic food, and weight management.  One of the key growth drivers of the market is the mounting concerns being raised over food security, nutrition, and sustainability. Food security refers to the state of having reliable access to a substantial quantity of nutritious and affordable food. As per the Climate Change and Land report of the United Nations (UN), food security may be compromised unless there is a transition away from red meat and animal protein sources, such as dairy products, eggs, and pigs t

The growing requirement for a better driving experience is one of the major factors fueling the demand for memory solutions for autonomous and connected vehicles across the world. The surging number of commercial vehicles and passenger cars in several countries is resulting in various problems such as the high incidence of road accidents, long traffic jams, and the lack of availability of proper parking spaces, especially in the developing countries such as China, Indonesia, and India.  For example, 1.35 million deaths are caused all over the world because of road accidents every year, according to the findings of the World Health Organization (WHO). Moreover, 93% of these deaths occur in low- and middle-income countries, that account for as much as 60% of the global vehicle fleet, according to the WHO. Vehicle-to-vehicle (V2V) and vehicle-to-infrastructure (V2I) connectivity features are very useful for tackling these issues and improving the overall driving experience.  Request to G

The growing integration of electric power steering (EPS) systems in commercial vehicles such as buses and trucks is pushing up their demand all over the world. Commercial vehicles usually operate at night and have to travel through remote locations, often facing harsh weather and conditions. Thus, commercial vehicle drivers and fleet owners are increasingly incorporating electric power steering systems in their vehicles in order to reduce the chances of road accidents. Industry Outlook For Electric Power Steering Additionally, the implementation of regulations regarding the adoption of advanced driver assistance systems (ADAS) with several vehicle systems by the governments of various countries is also propelling the demand for electric power steering systems. For example, as per the Regulation No. 79 of the Economic Commission for Europe, of the United Nations (UN/ECE), the uniform provisions pertaining to the approval of automobiles mandate the installation of advanced steering equip

The utilization of electric rickshaws in India has increased substantially over the past few years. This can be attributed to the lower operating costs of these vehicles as compared to auto rickshaws and the advantages they provide over cycle rickshaws. The number of electric rickshaws on roads was over 7 lakh in 2018, which was a rise from approximately 6 lakh vehicles in 2014. Furthermore, the government of the country is also providing incentives to the people on the purchase of electric rickshaws. Request to Get the Sampler Report: https://www.psmarketresearch.com/market-analysis/india-electric-rickshaw-motor-and-controller-market/report-sample The surging proliferation of electric rickshaws in the country can also be attributed to the increasing concerns regarding the degrading condition of the environment. The Indian government has implemented various environmental policies for curbing the growing air pollution levels, which is why, the demand for electric vehicles has increased

Key factors such as the soaring sales of electric vehicles (EVs) and reducing prices of electrode materials will drive the anode material for automotive lithium-ion (Li-ion) battery market at a CAGR of 5.7% during the forecast period (2020–2030). The market generated $707.2 million in 2019, and it is expected to reach $1,348.6 million by 2030 . In recent years, academic institutions and original equipment manufacturers (OEMs) have started investing in research and development (R&D) for better anode materials than the ones currently in use.  Anode Material for Automotive Lithium-Ion Battery Market These entities have realized that the improvement in Li-ion batteries enters on enhancing the abilities of their components. OEMs have, therefore, are partnering with and investing in the research programs of academic institutions that are working toward the development of such products. These investments facilitate the creation of batteries with a long life, high performance, high power d

With more than 1.3 million people dying in vehicle crashes every year, as per the World Health Organization (WHO), the focus on making road transportation safer has increased massively in the recent past. What is disheartening is that most of these accidents are caused not by a failure of vehicle systems but by humans themselves. The key reasons because of which automobiles crash are over-speeding, not paying attention to the road while driving, talking on the phone while driving, reckless driving, and not keeping enough distance from the vehicle in front. As a result, the need for systems and software that can aid people while driving is rising, and many countries have mandated their adoption in automobiles. This is a key reason because of which P&S Intelligence expects the automotive head-up display market to witness rapid growth in the years to come. These systems are to become a key component of vehicles integrated with advanced driver-assistance systems, which offer tire press

 Factors such as the burgeoning demand for vehicles, soaring number of research and development (R&D) initiatives in the domain of advanced driver-assistance systems (ADAS), and surging demand for skilled drivers, owing to the high road accident rate, will facilitate the driver simulator market during the forecast period (2020–2030). According to P&S Intelligence, the market revenue stood at $1,525.6 million in 2020. Moreover, the surging need for skilled commercial vehicle drivers for logistics services will support the market growth in the foreseeable future. Driving Simulator Market Outlook In recent years, the advent of autonomous vehicles has become a prominent market trend. Automakers across the world are heavily investing in the development of components, such as sensors and processors, that are installed in autonomous vehicles. Nowadays, automotive original equipment manufacturers (OEMs) are using driving simulators to test the performance and capabilities of these com

Bluetooth speakers offer wireless audio streaming, playing media from content sources such as smartphones, tablets, laptops, or any other Bluetooth-enabled device. Most of these speakers are portable and easy to install, use, and carry. As most portable Bluetooth devices operate on rechargeable lithium polymer batteries, improvements in lithium-ion (Li-ion) batteries will provide a long playback time to such speakers. Moreover, the improving wireless connectivity and increasing adoption of smartphones will augment the use of portable Bluetooth speakers in the coming years. Bluetooth Speakers Market Outlook The rising adoption of such audio devices can be attributed to the growing need for mobile infotainment systems and the mounting disposable income of people around the world. Moreover, the advancement in audio technology will supplement the bluetooth speakers market growth in the coming years. These devices are available at low, premium, and mid-range prices. In recent years, small a