As per a study conducted by P&S Intelligence, the global smart lighting market is expected to generate a revenue of $27,064 million by 2024, and is predicted to advance at a 20.0% CAGR during the forecast period (2017–2023). The market is witnessing growth because of the increasing adoption of innovative technologies, including intelligent sensing...
What Makes Kick Scooter Sharing Service an Ideal Option for Tourists?
The adoption of ride sharing services has risen
significantly in the past few years. As people across the globe are becoming
more reluctant to buy private vehicles, owing to their high maintenance cost
and negative effects on the environment, the demand for public mobility
services...
Commercial Refrigeration Equipment Market to Witness Massive Growth Due to Growing Demand for Ready-to-Eat Products
The rapid development of such food outlets and the upgradation of small restaurants and grocery stores are bolstering the sales of commercial refrigeration systems as these systems are heavily required in these stores. Furthermore, the development of organized food retail chains...
Legalization of Cannabis to Boost Cannabidiol (CBD) Oil Sales in Future
With its plethora of health benefits and close association with cannabis or marijuana, as it is popularly known, cannabidiol (CBD) oil is one such controversial substance that makes doctors and medical researchers come face to face with the conservative figureheads of the society....
Consumption of Omega-3 Set to Surge in Future
The growing incidence of chronic diseases is a major factor
responsible for the surging demand for various supplements and functional food
items such as omega-3. The high occurrence rate of chronic diseases is
affecting the people of both low- and middle-income countries (LMICs)...
Ambient Lighting Solutions Becoming Popular as Smart Lighting Solutions
The global ambient lighting market is expected to generate a revenue of $156.5 billion by 2030, increasing from $60.8 billion in 2019, advancing at a 9.2% CAGR during the forecast period (2020–2030). On the basis of type, the market is divided into surface-mounted lights, suspended lights, strip lights, recessed lights, and track lights. The recessed...
Automotive HMI Industry Future Trends, Prominent Players, Industry Impact and Forecast by 2030
The global automotive human-machine-interface (HMI)
market generated a revenue of $18,822.3 million in 2019 and is predicted
to attain a value of $55,318.4 million in 2030, advancing at a CAGR of 10.8%
between 2020 and 2030. The key factors augmenting the growth of...
