The world household vacuum cleaners market is anticipated to witness steady demand during the forecast period on account of growing working population and the rise in consumer expenditure across the globe. Moreover, individuals are inclined towards technologically advanced products such as robotic vacuum cleaners due to their automatic operation & significant reduction in time, which …
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U.S Region Remains the Largest Market for Corporate Event Market; Market to Grow at 18.50% CAGR through 2021-2030
tourism industry players focus on five key areas. These include encouraging high-quality tourism experiences, including indigenous tourism, limiting regulatory burden on industry, undertaking marketing campaigns, and working with industry to support the development of tourism infrastructure to drive the demand. According to a new report published by Allied Market Research, titled, “U.S. corporate event market by …
UK will Bolster Growth of the Female Hair Piece, Wig, and Extension Market Registering 11.7% growth During the Forecast Period 2021 to 2027
According to a new report published by Allied Market Research, titled, “UK Female Hair Piece, Wig, and Extensions Market by Product Type, and Material: Opportunity Analysis and Industry Forecast, 2021–2027,” The UK female hair piece, wig, and extension market size was valued at $612.9 million on 2019, and is expected to reach $1,185.1 million by 2027, registering …
Increasing Demand for Packaged beverage will Complement Growth of the Vending Machine Market During 2021 to 2027
According to a new report published by Allied Market Research, titled, “Vending Machine Market by Type, Application, Technology, and Sales Channel: Opportunity Analysis and Industry Forecast, 2021–2027,” The global vending machine market size was valued at $18.28 billion in 2019 and is anticipated to reach $25.25 billion by 2027, with a CAGR of 6.7% during …
At-Home Fitness Equipment Market is Expected to Grow at a CAGR 7.8%; Market to Exceed $11,459 Million by 2027
According to a new report published by Allied Market Research, titled, “At-Home Fitness Equipment Market by Product Type, Distribution Channel, End User, and Price Point: Global Opportunity Analysis and Industry Forecast, 2021–2027,” the at-home fitness equipment market size is expected to reach $11,459 million by 2027 at a CAGR of 7.8% from 2021 to 2027. Fitness …
UV-C LED Market to Generate $18.94 Billion by 2030
Highly effectiveness in disinfection and rise in adoption for water purification drive the growth of the global UV-C LED market. However, concerns related to thermal management of UV-C LED hinder the market growth. On the other hand, integration with home appliances and consumer products present new opportunities in the coming years. According to the report …
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Power Cable Market to Reach $262.54 Bn by 2030 at 6.5% CAGR
Drivers, restraints, and opportunities Rise in trend of renewable energy generation, surge in deployment of new power grid infrastructure, and increase in implementation of smart grids drive the growth of the global power cable market. However, complexities related to deployment planning of power cable hinder the market growth. On the other hand, upsurge in demand …
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Global Mobile Artificial Intelligence (AI) Market Sales to Hit $84.80 Billion By 2030
High demand for artificial intelligence in smartphones, rise in demand for AI-capable processors, and increase in investment in AI technologies drive the growth of the global mobile artificial intelligence (AI) market. However, high pricing of artificial processors hinders the market growth. On the other hand, the emergence of edge computing presents new opportunities in the …
Trade Finance Market to Reach $90.21 Bn by 2030 at 7.4% CAGR
Drivers, restraints, and opportunities Increase in need for safety and security of trading activities, surge in adoption by small & medium enterprises (SMEs) in developing countries, and new trade agreements drive the growth of the global trade finance market. However, increase in trade wars and high cost of implementation hinder the market growth. On the …
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Vertical Farming Market to be Worth $24.11 Billion By 2030 at 22.9% CAGR
Drivers, Restraints, and Opportunities Maximum utilization of vertical space and balanced energy usage, convenience in crop monitoring and harvesting, and limited arable land for traditional agriculture fuel the global vertical farming market growth. However, high initial investments limit the market growth. On the other hand, rise in prominence of organic foods create new opportunities in …
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