India Advanced Driving Assistance Systems Market experienced exponential growth during 2021 on account of launch of ADAS equipped passenger vehicle models from prominent brands such as Mahindra & Mahinda and MG. Furthermore, a few more brands such as Honda are expected to introduce ADAS features in 2022 which would further lead to market growth.
Owing to the outbreak of covid-19 in India in 2020 and its subsequent lockdowns, the demand for automobiles from customers suffered a setback arising from shortage of critical raw material such as semiconductors from local manufacturing industry and exporting countries, slowing down the adoption and production of ADAS equipped vehicles by the Indian automobile manufacturers. However, as the value chain gaps in the market begin to subside, advanced driving assistance systems would observe higher adoption rate among the vehicle manufacturers leading to overall India ADAS market growth.
According to 6Wresearch, India Advanced Driving Assistance Systems Market size is projected to grow at a CAGR of 54.7% during 2022-2028. The primary reason for growth in the advanced driving assistance systems demand can be attributed to government efforts to improve road safety and reduce the rate of road accidents that the country has been witnessing. Moreover, voluntary adoption of active as well as passive safety features by vehicle manufactures in India to enhance GNCAP ratings of the vehicles acted as a catalyst to the growth of advanced driving assistance systems in the country.
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The Peru Satellite Market is growing slowly but steadily. The satellite TV offers a wider selection of channels than terrestrial TV. Satellite TV also offers better picture quality and sound quality than terrestrial TV. The satellite market in Peru is currently facing a number of challenges. Lack of infrastructure acts as a major challenge in the market. There are very few roads and highways in Peru, which makes it difficult to transport satellites to their launch sites. Additionally, there are no space ports in Peru, so all launches must be conducted from other countries. The latest trends in the Peru satellite market include an increase in demand for 4K televisions and smart TVs. 4K televisions provide a higher quality image than traditional HD TVs, and smart TVs offer a range of additional features such as internet connectivity and apps.
According to 6Wresearch, the Peru Satellite Market size is likely to witness growth during 2022-2028. The main growth driver for the Peruvian satellite market is the increasing availability of affordable high-speed broadband internet. High-speed broadband internet is necessary for watching HD channels and for using interactive services such as on-demand and pay-per-view. The availability of high-speed broadband internet is increasing in Peru; this is due to the rollout of fiber optic infrastructure by major telecom operators. This is making satellite TV more attractive to consumers. Additionally, one of the biggest drivers is the country's increasing demand for telecommunications services. With increasing user base of mobile phones and other devices, the demand for satellite services is growing rapidly. Additionally, Peru's location makes it an ideal place for launching satellites. The country has a wide variety of terrain, including mountains, deserts, and jungles, which provides a good testing ground for new satellite technology.
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Gypsum is widely used as an agricultural amendment and in the construction industry. The construction market accounts for the majority of the demand for gypsum in Poland, due to its use in plaster, plasterboard, and cement production. Additionally, the growing construction industry and the need for repairing and renovating old buildings are the major factors driving the growth of the Poland gypsum market. Additionally, players are adopting innovative growth strategies in the market and are focusing on evolving market dynamics.
According to 6Wresearch, the Poland gypsum market size is likely to witness growth during 2022-2028. The increase in urbanization and infrastructural development activities are anticipated to spur the demand for gypsum in the country. Additionally, the expanding residential construction sector is also likely to spur the growth of gypsum in Poland in the next few years. However, the volatility in the prices of raw materials is likely to act as a hurdle to market growth. Additionally, Poland has a long history of mining and producing gypsum. Poland owns a few of the major reserves of high-quality gypsum in Europe.
The product offerings in the Polish gypsum market include natural gypsum, synthetic gypsum, and Gypsum derivatives. Natural gypsum is the most widely available type of gypsum in Poland. Synthetic gypsum is less common, but it is gradually gaining popularity due to its environmental friendly nature.
6Wresearch is the premier, one-stop market intelligence and advisory center, known for its best-in-class business research and consulting activity. We provide industry research reports and consulting services across different industries and geographies which provide industry players an in-depth coverage and help them in decision-making before investing or entering into a particular geography.
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