Global Dairy Snacks Market Growth Factors
Published: Jan 2021
The global dairy snacks market is anticipated to grow at a CAGR of 4.8% over the forecast period (2020-2026). The key factors that drive the growth of the market include the increasing popularity of dairy-based snacking options globally. These dairy-based snacks are enriched with protein and possess the benefits of a dairy-rich diet; hence, this encourages the consumers to adopt these healthy snacking products.
New Developments will Provide a Significant Opportunity to the ADAS Market
Published: Jan 2021
The global ADAS market is expected to witness a significant CAGR during the forecast period (2020-2026). A number of applications have been developed under ADAS such as adaptive cruise control, electronic stability control, automatic emergency braking, blind-spot detection, forward collision warning, night vision system, pedestrian detection system, and so on.
Government Initiatives are the Major Driver for the Heat Pumps in Europe
Published: Jan 2021
European heat pumps are estimated to record a healthy CAGR of 6.9% during the forecast period (2020-2026). Europe is considered to be a promising market as it offers a dual opportunity for both space and water heating. While only 2% of the installed heat pumps use propane as refrigerant, most heat pumps use HFC while some make use of CO2 and ammonia as well.
Strong Economic Growth in the Next Few Years Coupled to Reduce CO2 Emissions is Paving the Way for Heat Pumps in the Asia-Pacific
Published: Jan 2021
The Asia-Pacific heat pumps market is estimated to witness a strong CAGR of 8.7% during the forecast period (2020-2026). Asia-Pacific is set to be the dominant and influential economy across the globe. It consists of powerful nations such as Japan, China, India, South Korea, and Australia.
Increasing Need for Zero Energy Emissions Giving Rise to the HVAC Industry
Published: Jan 2021
The global heat pumps market is estimated to record a substantial CAGR of 7.8% during the forecast period (2020-2026). With the demand for meeting zero energy emissions by 2050, the HVAC industry is witnessing a rapid phase lift where COP and SEER ratings are being increased to meet modern requirements.
Lower Retail Meat Loss Gives an Edge to the Vacuum Packaging
Published: Jan 2021
Vacuum packaging technology, which allows the meat to maintain its freshness for months, has widened the sales window in retail outlets. Packaging costs, distribution costs, and shelf life, all complement the profit per pound of meat. Retailer and consumer appeal also add to the increased sales volume of meat.
Government Initiatives Act as a Driver in the US Smart Meters Market
Published: Jan 2021
US smart meters market is projected to grow at a CAGR of 5.5% during the forecast period (2020-2026). The presence of several programs making contributions to the development of advanced metering infrastructure is supporting the growth of the smart meter industry in the US.
Growing Smart Meter Installation Boosting the UK Smart Meters Market
Published: Jan 2021
UK smart meters market is projected to grow at a significant CAGR during the forecast period (2020-2026). The market is backed by significant installations of smart meters in the country. As of March 2019, there were a total of 21.3 million gas meters and 25.7 million electricity meters operated by large energy suppliers in domestic sites across Great Britain.
Rising Demand for Smart Utilities Further Driving the North American Smart Meters Market
Published: Jan 2021
North American smart meters market is projected to grow at a CAGR of 5.6% during the forecast period (2020-2026). The market is mainly driven due to the significant adoption of the smart utility infrastructure in the US and Canada.
Increasing Investment to Drive the Indian Smart Meters Market
Published: Jan 2021
Indian smart meters market is projected to grow at a CAGR of 8.3% during the forecast period (2020-2026). India presents a lucrative opportunity for the growth of the smart meters industry. Increasing investment in India coupled with the increasing installation of smart meters by the government in the country tends to drive the growth of the market in the country.