Month: January 2024

Increasing installation of smart canopies in various residential and commercial buildings is a key factor driving Canopy market revenue growth Vancouver, Jan. 30, 2024 (GLOBE NEWSWIRE) — The global canopy market size was USD 1.94 Billion in 2022 and is expected to register a rapid revenue CAGR of 4.5% during the forecast period. Rapid expansion of outdoor retail and event industry, increasing installation of smart canopies in various residential and commercial buildings, and rising number of manufacturers focusing on numerous programs to increase awareness regarding benefits of using canopies are major factors driving market revenue growth. Commercial applications frequently employ event or large canopy designs due to their convenient installation process and ability to provide extended outdoor space for various purposes. These...

Rising demand for seats installed with In-Flight Entertainment and Connectivity (IFEC) systems and lightweight and high durability and sustainability aircrafts, increasing flight travels and air traffic, and rapid advancements in technologies in the aviation industry are key driving aircrafts seating market revenue growth. Vancouver, Jan. 30, 2024 (GLOBE NEWSWIRE) — The global aircrafts seating market size was USD 6.40 Billion in 2022 and is expected to register a rapid revenue CAGR of 6.8% during the forecast period. Rising demand for seats installed with In-Flight Entertainment and Connectivity (IFEC) systems and lightweight and high durability and sustainability aircrafts, increasing flight travels and air traffic, and rapid advancements in technologies in the aviation industry are key driving market revenue growth. The rising...

Rising demand for diamond jewelry especially in emerging countries is a major factor driving diamond market revenue growth Vancouver, Jan. 30, 2024 (GLOBE NEWSWIRE) — The global diamond market size was USD 97.10 Billion in 2022 and is expected to register a revenue CAGR of 3.0% during the forecast period. Rising demand for diamond jewelry especially in emerging countries, increasing technological advancements adopted by major market players, and growing initiatives and investments by diamond manufacturers are some of the major factors driving the market revenue growth. In addition, rising use of diamonds in the construction industry is contributing to revenue growth of the market. Increasing technological advancements in the industry is driving revenue growth of the diamond market. Except for jewelry, diamonds can also be used...

Rising demand for landscaping services is a key factor driving Outdoor Power Equipment (OPE) market revenue growth Vancouver, Jan. 30, 2024 (GLOBE NEWSWIRE) — The global Outdoor Power Equipment (OPE) market size was USD 28.10 Billion in 2022 and is expected to register a rapid revenue CAGR of 6.4% during the forecast period. Rising demand for landscaping services as well as outdoor decorations and increasing interest of homeowners in gardening activities are major factors driving market revenue growth. Outdoor power equipment is used by both household and commercial customers for various purposes such as landscaping and maintaining lawns, gardens, and golf courses. Equipment, such as brush cutters, stump grinders, and excavators, are used to clear vegetation, remove tree stumps, and prepare the ground for landscaping installations....

The global Millimeter Wave Technology market size is expected to reach USD 29.85 billion by 2030 and exhibit a CAGR of 40.20% in the forecast period (2023−2030), according to Skyquest’s latest research report. The wireless communication demands, 5G network deployment, high data rate requirements, bandwidth capacity for data-intensive applications, demand for improved network latency, emerging Internet of Things (IoT) applications, autonomous vehicles and V2X communication, advanced radar and imaging systems, security, and surveillance applications, need for high-speed wireless backhaul solutions, and research and development in millimeter wave technology is fueling the market’s growth. Westford,USA, Jan. 30, 2024 (GLOBE NEWSWIRE) — According to SkyQuest’s latest global research of the Millimeter Wave Technology...