Solar Lighting System Market Illuminated

The solar lighting system market is projected to reach $10.8 billion by 2024 from $5.2 billion in 2019, at a CAGR of 15.6%. Major drivers for the growth of the market are growing need for energy-efficient solar lighting systems for highways, increasing use of renewable energy for lighting, rising penetration and declining cost of LEDs, and growing demand from developing and emerging countries.

Rise in Infrastructure Development Driving Property Management Market

According to the new market research report “Property Management Market by Component (Solutions and Services), Solution (Lease Accounting & Real Estate Management, Asset Maintenance Management & Reservation Management), Service, Deployment, End-User, Application, and Region – Global Forecast to 2023″, published by MarketsandMarkets, the global property management market size expected to grow from $14.47 billion in 2018 to $22.04 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 8.8% during the forecast period.

Big Demand in Small Gas Engines Market

The global small gas engines market is expected to grow from an estimated $2.38 billion in 2016 to $2.91 billion by 2021, growing at a CAGR of 4.15% from 2016 to 2021. North America and Europe are likely to be the largest markets for small gas engines. The growth is likely to be driven by a growth in the construction industry and a rise in demand for rented outdoor power equipment. The demand for outdoor power equipment is expected to rise as demand for residential and commercial construction increases. Contractors and homeowners are increasingly shifting towards renting outdoor power equipment due to lower costs and minimal costs of maintenance.

Double-Digit Growth in Lighting Controllers Market

According to a recent market report published by Research Report Insights (RRI) titled, “Lighting controllers Market by 2025” the global lighting controllers market was valued at $4.2 billion in 2016, and is expected to register a CAGR of 17.6% from 2017 to 2025. The development of smart lighting infrastructure and government spending on smart city projects are the major factors driving growth of the global lighting controllers market.

Global Brick Hardener Market to Witness Heightened Growth

With the increasing construction activities, construction industry participants are generating a huge demand for bricks. It has become increasingly important for the manufacturer to provide superior durable bricks for the buildings or other construction activities. A brick hardener is utilized to provide enhanced strength and durability levels in bricks and also helps in reduced curing time and cycle time of bricks. Brick Hardeners are also employed to provide a smooth surface finish for bricks. Moreover, the brick hardener is mainly applied in bricks to accelerate settling time, strength of bricks, to reduce the cracks and shrinkage, and it improves the formation and appearance of the bricks.