In 2021, the global Saudi Arabia fragrance market stood at $2,049.7 million, and it is projected to touch $3,500.9 million by 2030. The market is predicted to advance at a 6.1% CAGR from 2021 to 2030 owing to the increasing prominence of grooming and personal hygiene and the surging count of gym users. The most prominent market in the Middle East for fragrance and cosmetic… Continue

Factors such as the increasing concerns about food nutrition, security, and sustainability and mounting investments in plant-based protein sources will drive the meat substitutes market growth during the forecast period (2021–2023). According to P&S Intelligence, the market generated ~$2 billion in revenue in 2020. At present, the surging consumer preference for vegan diets has become a prominent market trend, owing to the growing public awareness of healthy eating habits, hygienic food,… Continue

The worldwide outdoor lighting market was valued at $10,352.1 million in 2020, which is projected to reach $20,269.7 million at a CAGR of 7.0% during 2020−2030. The rising requirements for energy-efficient lighting, advancing initiatives of government toward the conservation of energy, and growing development of infrastructure are the key drivers for the growth. In addition, China is a major manufacturer of lighting devices and raw material and component exporter. Lighting has become a vital… Continue

In 2021, the New Zealand ventilation products market was valued at $113.8 million and is projected to touch $183.2 million in 2030. The market is predicted to grow at a 5.4% CAGR from 2021 to 2030 owing to the growing count of commercial and residential projects, rising inclination toward decentralized ventilation, increasing awareness about the environment and health. By removing odor, these products develop a sustainable atmosphere. Furthermore, as inhalation of harmful pollutants and… Continue

The size of the human growth hormone market was $4,399.4 million in the year 2021, and likely to advance at a 14.2% CAGR from 2021 to 2030 and reach $14,498.3 million. The peptide hormone is produced by the pituitary gland, which stimulates growth in both children and adolescents. Precise cellular differentiation helps in the development of skeletal system. The protein metabolism,… Continue

Color cosmetics include make-up, skincare, and haircare products. They help enhance the look, conceal undesirable spots and marks on the skin, and define facial features, while giving a healthy and fresh appearance. Like elsewhere on earth, in Gulf Cooperation Council (GCC) nations, the demand for color cosmetics is increasing year by year. GCC contains six countries—the U.A.E., Kuwait, Bahrain, Oman, Saudi Arabia, and Qatar—all of which have been undergoing an economic expansion over the past… Continue

In 2021, the Southeast Asia HVAC market was worth around $18,745.5 million. Moreover, it is expected to witness a compound annual growth rate of 6.4% from 2021 to 2030 and reach $32,824.1 million by 2030. The expansion of the hospitality industry and increase in the number of infrastructure projects are leading to the market's growth. Further, the environmental concerns and push for sustainable development are positively impacting the market by influencing people to replace their conventional… Continue

The escalating pollution levels and the rising environmental degradation in several countries because of high energy wastage and large-scale power generation from non-renewable sources are making energy efficiency the need of the hour. Moreover, the governments of many countries are rapidly enacting renewable energy programs for reducing the emission of greenhouse gases in sectors such as industrial, buildings, and transport. This is, in turn, boosting the requirement for energy-efficient… Continue

The World Bank states that the global final consumption expenditure surged from $62.662 trillion in 2018 to $63.788 trillion in 2019. According to this organization, households and non-profit institutions serving households (NPISHs) final consumption expenditure increased from $48.472 trillion in 2018 to $49.315 trillion in 2019. The soaring consumer expenditure along with the improving living standard of people around the world and the booming demand for healthier food items will encourage the… Continue

EVs promise zero emissions from the exhaust and a decrease in city air pollution. With an aim of attaining 30% EV penetration by 2030, the Indian government has initiated the FAME India program, which encourages the adoption of EVs. The initiative propels the requirement for discrete power semiconductors as they are used for power conversion purposes in these automobiles.



Apart from the increasing use of EVs in the country, the growing need for power electronic modules in various… Continue

With the sharp rise in terrorism and security concerns, the demand for physical security solutions is growing rapidly in the Asia-Pacific (APAC) region. Moreover, the increasing security concerns are making various regional countries such as China, India, Vietnam, Indonesia, and Singapore deploy physical security devices and equipment, especially video surveillance systems. There were over 300 terrorist attacks in APAC between 2012 and 2018, with Afghanistan and Pakistan reporting the highest… Continue