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 ..
The global 5G smartphone market is predicted to reach US$823.93 billion in 2025, progressing at a CAGR of 124.89%, over the period 2021-2025. The factors such as growing population, increasing usage of mobile devices, surging integration of AR technology, expanding over-the-top (OTT) platform subscriptions, mounting penetration of internet users and upsurge in number of eSports audience would d ..
The global surveillance camera market is expected to reach US$39.13 billion in 2025, growing at a CAGR of 8.17% for the time period of 2021-2025. The factors such as growth in traffic management, upsurge in crime index, rising sales of home security systems and rapid urbanization would drive the growth of the market. However, the market growth would be challenged by increase in privacy concern ..
The global small household appliances market is forecasted to reach US$159.49 billion in 2024, growing from US$115.30 billion in 2020. The market is predicted to grow at a CAGR of 8.45% during the period spanning 2020-2024. The growth in the global small household appliances market was driven by various factors like increasing global population, surging GDP per capita, rising internet penetrati ..
The global electronic paper display market is anticipated to grow at a CAGR of 23.05% during the period spanning 2020-2024. The market is forecasted to be valued at US$5.02 billion in 2024. Growth in the electronic paper display market was driven by several factors like increasing internet users, surging deforestation, rising e-reader population and increasing air transportation volume. The mar ..
The global vacuum cleaner market is estimated to reach US$20.5 billion in 2024, growing at a CAGR of 6.06% for the period spanning from 2020 to 2024. The factors such as growing urban population, rising incidences of allergy related diseases, growing working women population, changing lifestyle and concerns about health and indoor air pollution are expected to drive the market. However, growth ..
The global infrared camera market is expected to reach US$11.54 billion in 2024, witnessing growth at a CAGR of 7.60%, over the period 2020-2024. Factors such as increasing adoption for security & surveillance, growing penetration of consumer electronics, surging preference of autonomous vehicles, expanding urbanization and upsurge in economic growth are expected to drive the market. The gr ..
The global smart speaker market is estimated to reach US$19.91 billion in 2024, growing at a CAGR of 21.12% for the period spanning from 2020 to 2024. The factors such as increasing disposable income, rising number of smar ..
The global display market is estimated to reach US$186.68 billion in 2023, growing at a CAGR of 8% for the period spanning 2019-2023. The growth of the market has been driven by growing population, expanding urbanization, ..
The global heating, ventilation and air conditioning market is estimated to reach US$201.4 billion in 2023, growing at a CAGR of 6.72% for the period spanning 2018-2023. The growth of the mark ..