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The increasing cost of health care facilities has fueled the health-consciousness among consumers and grown the demand for nutritive foods, like dietary supplements, etc. Further, the growing demand for nutritive foods is expected to complement the growth of natural vitamin E market.
Rise in fitness activities will be one of the major factors that will have a positive impact on the global licensed sports merchandise market till 2026. Active participation in the fitness activities is seen across the world over the years by numerous individuals to improve their fitness levels.
The global digital oilfield market was valued USD 20.10 Billion in 2016; it is projected to reach USD 27.10 Billion by 2024, growing at a CAGR of 5.09%, from 2017 to 2024. Investment for digitization of oil & gas fields are increasing for enhancing their workflow process, for optimizing production, thereby meeting the product forecast and improving profitability.
Land Mobile Radio (LMR) has long been the preferred communication network for a variety of industries that dispatch vehicle fleets or have mobile workforces including public safety as well as construction, utilities, hospitality and transportation.
Instant coffee is coffee powder that is produced by coffee beans that have been brewed at a higher ratio of coffee to water as compared to the regular coffee. In the production of instant coffee, there are two methods for drying coffee including spray drying and freeze-drying. In spray drying method, a spray device is used, in order to dry the coffee extract. The device transfers the hot air into the container and converts the product into fine powder.
As per the research report insights analyst predicts the home furniture market in the US to grow steadily at a CAGR of around 6% during the forecast period.Growing need for shifting and settling down has led to an upsurge in demand for home furniture globally. Also, the growing popularity of online stores due to the rising internet penetration will positively affect the growth potential of this market.
Evolution of Internet of Things (IoT) and machine learning technology has led to development of applications that notify the status of a machine to operators/supervisors on their PCs or smartphones. Various government initiatives, for instance, ‘Make in India’ by the Indian government and ‘Made in China 2025’ by the Chinese government, support the establishment of manufacturing units in their respective nations.
The factors such as reduction in the cost of connectivity and increasing market penetration of connected devices such as smartphones, and tablets are contributing to the burgeoning demand for connected cars. The automotive telematics market by volume is estimated to witness a growth at a CAGR of 22.1% over the period of 2017 to 2025
Increasing defense budgets, particularly in asia pacific, is anticipated to drive growth. Goodwill of the industry participants is expected to play a key role in contract allotments. Advancements such as increased fuel efficiency and efficient armor material are expected to fuel industry growth over the next seven years. Limited budget for military spending particularly in north america and europe may pose a challenge to the armored vehicle industry over the forecast period
Countries across the globe are facing significant concerns related to terrorism, civil wars and armed conflicts between law enforcement agencies and anti-national groups. Numerous governments are striving extensively to tackle such situation peacefully. However, in certain situations, harsh steps are needed to be taken such as use of fire arms in favor of national security.
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