The global smartwatch market size stood at USD 33,431.2 million in 2022, and it is expected to grow at a CAGR of 9.5% during 2022–2030, to reach USD 69,282.5 million by 2030.
The global electric toothbrush market is estimated to generate $2,979.1 million in 2022, and it is expected to advance at a compound annual growth rate of 6.1% during 2022–2030, to reach $4,788.6 million by 2030.
The global smart water meter market size stood at $6.96 billion in 2021, which is expected to reach $15.63 billion by 2030, advancing at a CAGR of 9.4% during 2021–2030.
The global shavers market size in 2021 was $6,732.1 million, and it is expected to advance at a CAGR of 6.0% during 2021–2030, to reach $11,334.0 million by 2030.
Rising need for mobile infotainment systems is a key driver for growing Bluetooth speakers market globally. The rising disposable income, advancing wireless technology and rising smartphone penetration pushed the demand for Bluetooth audio devices. Bluetooth speakers provide wireless audio streaming.
The global High-Fidelity (Hi-Fi) system market has experienced a considerable growth due to increasing demand of high quality music among audiophiles. Wireless devices have made its way across various audio products, such as speakers & sound bars, headphones, network media players, and others. The growing demand for wireless audio devices is expected to drive the growth of the global Hi-Fi system market.
The increasing population has been propelling the demand for food items, which is consequently driving the growth of the global farm equipment market. The up gradation in the technology, increasing government subsidies on agricultural machineries, growth of precision farming and easily available credit schemes from financial institutions are encouraging the growth of the
The global smart eyewear market is growing with a significant rate, due to rapid innovation in sensor technology. North America leads the global smart eyewear market, due to high adoption rate of digital components in consumer electronics, smart textiles, fitness and sports market. Large population and high obesity rate is further propelling the market growth of smart eyewear in this
The global electric dryer market is growing, due to reduction in usage of oil and gasoline, increasing technological innovations, increase in the number of hotels and restaurants, and reduction in the wastage of water. The heat pump technology in dryers is one of the major trends observed in the global electric dryer market. The evolving infrastructure in developing and under-
The global electric massager equipment market is growing, due to increasing disposable income, product innovation, and increasing number of spa parlors. With the advancements in technology, the electric massager equipment is becoming small in size, resulting in ease of handling the massager. The electric massager equipment can provide lower blood pressure, enhanced
The research and development in the field of product innovation and technology is driving the growth of the global water bath market. The increasing number of research and testing facilities worldwide is also influencing the growth of the global water bath market. Water baths are an ideal alternative source for heating combustible chemicals to avoid ignition on open flames.
The global DJ equipment market, which succumbed during the global economic crisis, has been observed to witness steady growth, in the post-recession period. The music composing industries have broad young consumer base, they are the major buyers of keyboards and music recording gears. However the limited market penetration of modern music instruments among the
The growth in consumer spending levels post economic slowdown in developed regions, along with increasing disposable income in the developing countries, has up surged the market penetration of the electronic musical instruments market, in the past few years. Electronic drum kit is slowly and steadily replacing the conventional drum kit. The price of traditional drum kit has
Membrane separation is one of the most popular technologies used for separating materials through pores or minute gaps. It is a thin layer material with selective penetration functions used for concentration, purification and separation. Membrane separation technique facilitates several industries to reuse wastewater and reduce sewage footprint from the fresh water resources.