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FEB 25, 2020: The global Active Insulation market size is expected to reach USD 401.9 million by 2027, expanding at a revenue-based CAGR of 5.9%, according to a new report by Radiant Insights, Inc.
Rising demand for insulation products to maintain the inner temperature in building structures is anticipated to drive the market over the forecast period.
Moreover, increasing re-insulation activities under-insulated houses to save energy are further expected to support the growth.The growing popularity of outdoor activities such as cycling, sports, workouts, and yoga are likely to ascend the demand for activewear and sportswear.
Commercial availability of active insulating products coupled with their benefits including resistant to shrinking, stretching, and quick-drying are expected to aid the growth.To Request A Sample Copy Of This Report @: https://www.radiantinsights.com/research/active-insulation-market/request-sampleIncreasing energy costs and growing consumer awareness regarding the economic benefits of building insulation are expected to have a positive impact on the market.
Increasing production of sportswear and activewear in countries like China and India are likely to aid the market in Asia Pacific.Further key findings from the report suggest:The demand for glass wool product for building and construction applications is expected to witness a CAGR of 5.1% by revenue, from 2020 to 2027, on account of its superior heat insulation coupled with ease of application in the construction industryPolyester emerged as the largest product segment for textile applications in 2019 and is estimated to generate revenue of USD 63.4 million by 2027 on account of efficient moisture handling, non-allergic, and non-itch propertyGlobal expanded polystyrene (EPS) demand in building and construction was estimated at USD 56.7 million in 2019 and is anticipated to witness staggered growth over the forecast period due to improved performanceThe U.S. market in sportswear application was estimated at USD 7.1 million in 2019 and is estimated to witness notable growth rate from 2019 to 2027 on account of increased adoption of such productsKey players including PrimaLoft, Inc.; Polartec; and Economical Building Systems dominated the active insulation market while accounting for over 65% of the total market share in 2019.To Browse Full Research Report @: https://www.radiantinsights.com/research/active-insulation-marketTable of ContentsChapter 1.
To See More Reports of This Category by Radiant Insights: https://industryforcast.wordpress.comAbout Radiant Insights: Radiant Insights is a platform for companies looking to meet their market research and business intelligence requirements.
Intelligent Railway Transport System MarketThe global intelligent railway transport system market is expected to touch 90 billion by 2022.
The market is expected to expand at 26.6 % CAGR during the assessment period (2017–2022) owing to the growing adoption of IoT in the railway system.
Smart city initiatives like intelligent transport system are rapidly developing not only to promote better community service but also increase public safety.
Intelligent Railway Transport System is an emerging concept in several countries and enables the organization to use several components of IT for managing the services provided by the railways.Future Drivers and Constraints Impacting the MarketBenefits such as high service quality and high security for the passengers is mainly driving the intelligent railway transport system market globally.
The emerging technologies along with high adoption of IoT is also stimulating the market growth over the period.
Also, the increasing trend for internet services is likely to gain traction in the global market in the coming years.
Global Connected Retail market size was estimated at USD 11.17 billion in 2014.
Technological advancements coupled with increasing numbers of IoT that is Internet of Things applications across the retail sector are estimated to drive the growth for the connected retail market.
Internet of things is the concept principally for connecting any device such as coffee makers, washing machines, wearable devices, cell phones, headphones, lamps, and several other things with an on & off switch for the internet connection.
Bluetooth low energy transmits less data for smaller distances and uses less power compared to Bluetooth.
BLE has increased customer engagement & marketing, in its application increasing contactless payments easier.
Retailers are more and more adopting IoT to have more customers’ interaction and gain competitive advantage.