All Blogs

Advanced Technological Features Likley to Support the US Automotive Aftermarket

Date: 28, May 2021 | Category: Consumer & Retail

The U.S. automotive aftermarket is expected to record a value of US$448.9 billion in 2025, growing at a CAGR of 3.08%, for the duration spanning 2021-2025. The factors such as growth in automotive production, upsurge in used car sales, rising number of smartphone users, acceleration in electric vehicle sales and rapid urbanization would drive the growth of the market. However, the market growth ..

Popularity of Online Videos Support China Short Video & Live Streaming Market

Date: 21, May 2021 | Category: Telecom & IT

China short video market is expected to record a value of US$134.30 billion in 2025, growing at a CAGR of 33.46% for the period spanning 2021-2025. Further, China live streaming market is anticipated to reach US$76.42 billion in 2025, experiencing growth at a CAGR of 35.29% during the period spanning from 2021 to 2025. Factors such as increasing population, growing adoption of smartphones, surg ..

Rising Demand for Animal Protein likely to Support Growth of Animal Health Market

Date: 19, May 2021 | Category: Pharma & Healthcare

The global animal health market is expected to record a value of US$53.92 billion in 2025, growing at a CAGR of 6.3% for the period spanning 2021-2025. The factors such as growing middle class population, rising cattle/cow population, surge in demand for animal protein, rising U.S. expenditure on pets and growing urbanization would drive the growth of the market. However, the market growth is p ..

Increasing Construction Activities to Drive Global HVAC Market

Date: 16, May 2021 | Category: Computer & Electronics

The global HVAC market value is anticipated to reach US$202.92 billion in 2025, growing at a CAGR of 6.72% for the period spanning from 2021-2025.

Factors such as growing global population, increasing construction activities, emerging home automation market, intensifying annual mean temperature and escalating e-commerce retail sales are expected to drive the market growth. However, growth ..

Rising Adoption of Veterinary Telehealth likely to drive the US Pet Market

Date: 13, May 2021 | Category: Food & Beverage

The US pet market is anticipated to reach US$127.87 billion in 2025, experiencing growth at a CAGR of 3.50% during the period spanning from 2021 to 2025. The market growth was driven by various factors such as rise in millennial population, growing adoption of e-commerce in pet care products and increasing share of single-person households. Furthermore, growth in the US pet market is expected t ..

Development of Smart Cities Supports the Global Elevator & Escalator Market

Date: 9, May 2021 | Category: Others

The global elevator & escalator (E&E) market is forecasted to record a value of US$154.91 billion in 2025, progressing at a CAGR of 7.15% during the period spanning 2021-2025. The factors such as rising urbanization, upswing in digitalization, increasing geriatric population, growing construction activities and ageing E&E installed base would drive the growth of the market. However, ..

Silver Applications Across Various End-use Industries to Support the Global Silver Market

Date: 8, May 2021 | Category: Metal & Mining

The global silver demand is expected to reach 1,155 million ounces in 2025, growing at a CAGR of 2.98%, for the time period of 2021-2025. While the silver supply is likely to be recorded as 1,062 million ounces in 2025, increasing at a CAGR of 1.26%, during 2021-2025. The factors such as rising sales of jewellery & silverware, growing demand for solar photovoltaic, rising use of silver oxid ..

Surging Production of Electric Vehicles Support the Global Hydrogen Market

Date: 1, May 2021 | Category: Energy & Utilities

The global hydrogen market is expected to record a value of US$184.10 billion in 2025, progressing at a CAGR of 6.09% for the period spanning 2021-2025. The market experienced growth accruing to several factors such as rising consumption of agricultural fertilizers, escalating demand in metallurgical industries, mounting concerns regarding carbon emissions worldwide, surging demand for ele ..

Inclining Pet Ownership to Drive Global Pet Food Market

Date: 1, May 2021 | Category: Food & Beverage

The global pet food market value is forecasted to reach US$118.83 billion in 2025, growing at a CAGR of 5.4%, for the period spanning from 2021 to 2025. 

Factors such as inclining pet ownership, rapid urbanization, improving consumer confidence index, pet humanization and growing popularity of raw pet food are expected to drive the market growth. However, growth of the industry would ..

Production of Nitrogenous Fertilizers to Support the Global Ammonia Market

Date: 28, April 2021 | Category: Chemicals

The global ammonia market is expected to record a value of US$74.61 billion, growing at a CAGR of 5.59%, for the time period of 2021-2025. The factors such as growing demand for nitrogen, growing potentials of green ammonia as marine fuel, increasing demand for urea, increasing use of margarine, expansion of explosive industry and increasing demand for semiconductor would drive the growth of th ..