Skip to main content

Posts

Showing posts from April, 2018

Global Hand Sanitizer Market to Grow at a CAGR of 11.70% (2016-2024)

According to Goldstein Research, global hand sanitizer market is expected to reach USD 5.08 billion by 2024, growing at a CAGR of 11.70% over the forecast period 2016-2024. The rise in consumer awareness is inducing the demand for hand sanitizers across the public places and even at residential, which is thus driving the growth of the market. Global hand sanitizer market segmentation has been done on the basis of product type, distribution channel, end-user and geography. Hospitals segment accounted for largest market share, acquired 62.0% in 2016 on account of maintaining high level of hygiene. Over the years, application of hand sanitizer has increased in public places such as hotels and restaurants. Global hand sanitizer market is largely dominated by North America on the back of aggressive health and hygiene campaigns and the high awareness among the people. APAC region is expected to be the opportunistic market backed by the increasing awareness and personal disposable inco

Global Facial Recognition Market to Grow at a CAGR of 14.0% (2016-2024)

According to Goldstein Research, global facial recognition market is expected to reach USD 9.75 billion by 2024, growing at a CAGR of 14.0% over the forecast period 2016-2024. The growing demand of surveillance and security system majorly from the civil government sectors on the back of rising criminal cases is driving the growth of global facial recognition market. Global facial recognition market segmentation has been done on the basis of the component, technology, application, end user and geography. Government sector accounted for largest market share for the application of facial recognition system. It is followed by enterprise sector, witnessing the increasing installation of facial recognition system for tracking and monitoring purpose. Global facial recognition market is largely dominated by North America with 45.5% market share in 2016 on the back of improving criminal investigation. Further, Asia-Pacific region is expected to grow at a CAGR of 14.6% over the forecast per

Expanding global Energy Demand Surging the Global Energy Storage System Market Growth

According to Goldstein Research, growing pressure on the present electric grids and electricity generation plants amid of rapid urbanization, power shortages and climatic changes has significantly augmented the market for energy storage systems in recent years which can be operated during critical situations. Global energy storage system market outlook also includes product innovation, technological advancements, and capital investment as the key strategies adopted by the major players and governments for significant adoption and deployment of energy storage systems across the globe . Many countries around the world are looking forward for the implementation of power storage system while countries such as U.S, China, and Australia among others are successfully implementing the technology. In 2016, there were about USD 10.0 billion were invested in energy storage systems across the globe in which U.S shared about 40% of the total investment. Market Segmentation On the basis of ou

Global Electric Vehicle (EV) Chargers Market to Grow at a CAGR of 28.0% (2016-2024)

According to Goldstein Research, global electric vehicle chargers market is expected to reach USD 9.4 billion by 2024, growing at a CAGR of 28.0% over the forecast period 2016-2024. The factors such as development of car charging infrastructure and the various campaigns to encourage people to buy electric vehicles and contribute towards the clean environment, are primarily driving the growth of global electric vehicle chargers market and the segmentation has been done on the basis of charging connectors type, electric vehicles type, end-user and geography. The residential sector is accounted to be the major user of electric vehicle chargers and over the forecast period it is expected to continue its dominance. Global electric vehicle chargers market is largely dominated by Asia-Pacific region, with China leading the market along with the Japan, South Korea, Australia and India, which are experiencing gradual rise in sales of EVs. Electric Vehicle Chargers Industry - Market Segm