Dehydration is commonly associated with humans involved in physical activities and exertion, while it is also a common state in sedentary environments such as workplaces, classrooms etc. This makes dehydration a critical issue as it has several implications on the general health and productivity. Dehydration of as little as 2% of the total body weight leads to decrease in performance, mild dehydration can impair cognitive functions such as short term memory, motor skills and concentration.
The global e-waste management market expected to expand at a CAGR of 6.1% during the forecast period from 2020 to 2028. Over the last decade, rapid technological advancements have not only transformed our communication abilities and increased rate of productivity but have also resulted in a massive increase in electronic goods cast-off into our waste stream. As per the research conducted by Acute Market Reports, electronic waste is the fastest-growing municipal waste, especially in developed economies like the U.S.
The global home security systems market is likely to witness a remarkable growth, expanding at a CAGR of 8.3% during the forecast period from 2018 to 2026. Security is one of the main concern of the present day. In a world of continuous technological advancements and automation, home security systems are developing at a rapid pace and expected to witness immense growth across the globe.
Vibration energy harvesting systems market reached market value of US$ 398.68 Mn in 2020, with a promising CAGR during the forecast period from 2021 to 2029. Essentially directed by North America, vibration energy harvesting systems market is majorly driven by its penetration across electronic systems. Rising adoption of Internet of Things (IoT) applications in industrial as well as in consumer electronics are aiming for enhanced smartness of such devices.
The global portable gas detection equipment market was valued at US$ 1.22 Bn in 2020 and expected to expand at a CAGR of 5.3% during the forecast period from 2021 to 2029. Government regulations promoting occupational health and safety coupled with growing preference for wireless gas detectors, especially for applications that are restricted by confined space and have limited electricity access is identified as the major factor driving demand for portable gas detection equipment worldwide.
Smart glass is electronically switchable glass that is also known as switchable glass, privacy glass, electric glass, and intelligent glass. These are technically advanced type of glass which are coming to mainstream product line from being niche product.
Pay television (TV) refers to a television broadcasting service based on consumer subscriptions. The pay TV service may be received through cable TV, satellite TV or using an internet protocol TV (IPTV). The most prominent factor fueling the pay TV market is the consistently rising number of households worldwide along with growing discretionary income of the people. With the continually growing technological advancement in the television sector, people now opt for high quality devices.
Pet wearables are primarily smart trackers and monitors embedded into small gadgets that can be worn by pets. Pet wearables are widely used across the world for applications such as pet tracking, health monitoring, and emergency notifications. Pet wearables make use of various technologies including global positioning systems (GPS), radio frequency identification (RFID), sensors (proximity sensors, accelerometers, temperature and pressure sensors, heart rate monitors, etc.), Bluetooth, and cellular connections, among others.
Televisions are among the most prominent sources of home entertainment across the households worldwide. Due to high popularity and penetration of television services across the world, new technologies and the content delivered over television channels have always been warmly welcomed by the consumers. Over the period of time, television industry has evolved from bulky cathode ray tube (CRT) televisions to sleek and advanced flat screen organic LED (OLED) television sets.
Televisions are among the most prominent sources of home entertainment across the households worldwide. Due to high popularity and penetration of television services across the world, new technologies and the content delivered over television channels have always been warmly welcomed by the consumers. With the rising availability of broadband internet services, the conventional television services such as satellite/cable are now being replaced by internet-based services.
The global consumer electronics market is expected to register a CAGR of 6% during the forecast period of 2023 to 2031. The rise in CAGR is attributable to this market’s demand and growth, returning to pre-pandemic levels once the pandemic is over. Electronic devices are highly penetrated products among a wide range of technical consumer goods in households. On one side, television sets with wider screen sizes are receiving popularity, whereas, on the other side, the miniaturization of electrical components is on the rise. Companies are focusing on developing high-performing and convenient-to-use devices owing to the increasing consumer demand. For instance, in September 2020, Samsung released its new smart tablet Galaxy Tab Active3. It is equipped with an enhanced Touch Sensitivity feature that enables the user to operate the tab easily with fingers, even while wearing hand gloves.
The rising trend of having connected homes is supporting the penetration of smart appliances globally. For instance, as per Grabyo’s Value of Video Report 2020, about 58% of surveyed streaming customers and about 53% of surveyed pay-TV customers watch videos regularly on a Smart TV. Appliances equipped with voice assistance, Bluetooth, and Wi-Fi connectivity are being adopted due to higher usage convenience. Players are making efforts to include multiple features in their devices to attract consumers. For instance, in July 2020, Samsung released its Premium Soundbar Line-up with two wireless rear up-firing speakers. Additionally, they are equipped with SmartThings App and Alexa voice service. Therefore, technological advancements and inclination towards smart devices are likely to fuel the consumer electronics market growth.
The income level of the world population is rising, which allows them to spend more on housing and equip their homes with upcoming technological goods. For instance, as per the data released by Eurostat in 2018, about 70.0% of the EU-27 lived in an owner-occupied dwellings, wherein about 46.0% of the EU-27 population lived in flats. Additionally, the growing trend of the inclusion of smart devices in the household is anticipated to contribute to market growth. The introduction of innovative household products in the market is likely to boost product consumption.
Acute Market Reports is a specialist in the consumer goods market, that offers in-depth market intelligence and consulting services to manufacturers of consumer goods. Our clients are able to make well-informed, timely business decisions with the help of Acute Market Reports' futuristic outlook. When it comes to providing our clients with first-in-class strategic research solutions, we engage with a wide variety of industry participants.
