The global IoT in automotive market is gaining significant traction because of the smart features of IoT such as updating real-time traffic and incident alerts that help people in saving time and responding to critical situations intelligently.
The growth of the India industrial lubricant market can be ascribed to rapid industrialization in the country. Furthermore, the market is being driven by significant growth in other sectors, such as automotive, agriculture, construction, mining etc.
India's air purifier market is gaining traction due to rapid urbanization and industrialization, which is resulting in deteriorated air quality. In addition, the increasing prevalence of respiratory issues, soaring disposable income, and growing urban population are all boosting the market's growth.
Vietnam meat market is growing substantially owing to the availability of a wide variety of meat types, such as pork, beef, chicken, etc. Additionally, changing consumption patterns, growing health consciousness, and increasing disposable income of consumers is also favoring Vietnam’s meat market.
Chemical substances that control all aspects of plant growth and development are called plant growth regulators. Saudi Arabia plant growth regulators' market is driven by factors such as increased fruit and vegetable production and demand for organic plant growth methods. Another indirect factor expected to foster market expansion over the forecast period is an increased focus on enhancing crop output to achieve self-sufficiency.
A smart city utilizes the power of information and communication technologies (ICTs) to improve operational efficiency, share information with the public, and serve its citizens better. Globally, smart cities continue to grow rapidly at a high CAGR due to increasing urbanization and favorable government initiatives to improve digital infrastructure.
UN statistics state there are more than 140 million babies born every year. Due to the high number of babies born worldwide, the global market for baby diapers is growing substantially. To capitalize on this fast-growing market, many brands are entering the baby diaper market and launching various products at competitive prices.
Growing population and increasing disposable income among people in the UAE, along with the flourishing tourism industry, are expected to drive UAE meat market at a significant growth rate during the forecast period.
The end-use industries, such as agriculture, transportation, textiles, and packaging, are mainly accountable for the product's demand. Furthermore, the lower carbon emissions produced by biodegradable plastics than conventional plastics are driving up demand. Moreover, the rising product demand from flexible packaging is fueling market growth.
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