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Higher spending in pet care products and noteworthy changes in modern lifestyle is expected to influence the sales of pet wearables in the near future. Moreover, rising per capita income is leading to more number of pet adoption. This, in turn, is making a positive impact on the global pet wearables market. Owners particularly in developed countries are raising their budgets on pet care to prevent their pets from viral disease or various health related discomforts. In addition, latest animal care guidelines released by animal care NGOs and institutes are helping owners to get more aware regarding best practices of pet care and management. Demand for pet wearables is also gaining traction owing growing awareness about such devices household pet owners as well as owners of farm animals. Pet wearables can play an important role in keeping track of animal's health and wellbeing. On the other hand, slow adoption of pet wearables in emerging countries coupled with malfunctioning of various pet wearable products is impeding the value global of the market. As per Fact.MR's latest report, the global market for pet wearables will exceed US$ 3,400 Mn in valuation over 2022.

Global car oil filter market is driven by many factors. The rising automotive industry is a prime aspect which drives the growth of the car oil filter market. Certain government regulations regarding the manufacturing of vehicles has forced the manufacturers to implement improvements in the design aspect of the engine and along with the technological changes and advancements in the oil filter domain, this has imparted support to the growth of the car oil filter market. As far as vehicles are concerned, the increase in the passenger cars has triggered the growth of the car oil filters. Moreover, public awareness regarding the safety of the engines of their vehicles and the benefits of oil filters such as removal of contaminants, ensuring good engine health and enhance the life of the components within the engine has spurred the growth of the global car oil filter market. However, the challenge faced by this sector is the introduction of the electric cars which do not need oil filters. Another challenge cum opportunity is the life of the filter. It has low life and has to be replaced but the opportunity aspect is that it needs to be changed frequently and this can be beneficial to the manufacturers of the filters. Europe region shows great potential and market share by 2022 end. The Asia-Pacific excluding Japan (APEJ) region shows higher growth rate during the period of forecast.

Footwear has well and truly come a long way from being considered a mere commodity. The sheer variety in terms of colors, materials, and types have truly transformed the global footwear market in the last few years. Today, men, women, and even children seek out footwear that is chic, comfortable, stylish, and most importantly, aligns perfectly with their tastes and sensibilities. Footwear is now seen as an 'extension of self' and also helps define its wearer, for better or for worse. Thus, the future of the footwear market is extremely bright indeed.

Punctures might be trivial in terms of maintenance costs, but their undue incidence can even put heavy logistic operations, public transit facilities, and transportation of goods to a standstill. Regardless of the type of vehicle, the adoption of tubeless tires continues to gain traction across the automotive industry. Their ability to run at low pressures, rendering greater stability to the vehicle, and their lightweight, are serving as proponents for global sales of tubeless tires.

Drone or Unmanned Aerial Vehicles (UAVs) are frequently used for carrying out military operations. Nonetheless, these unmanned aircrafts are also being increasingly used for undertaking non-military affairs owing to their groundbreaking aerial capabilities. Unlike the traditional aircraft, drones can fly for longer durations. Moreover, they come in various price rang depending on the features. Demand for drones has been significantly high in recent years. As per a study conducted by Fact.MR the global drone market is expected to increase at an impressive CAGR of 22.8% during 2017 to 2022. Drones are considered as innovative aerial vehicles that have exceptional combat capabilities, which is why they are being used by various countries for defense purposes. Currently, drones are playing an important part in countering anti-social activities and terrorism. Growing demand for precision technologies is expected to favor the global market for drones in the near future. However, risk of accidents and technical failures remain a major concern for manufacturers. This, in turn, is also acting as a bottleneck for the market and curtailing widespread adoption of drones. Further, stringent regulatory norms on drone use continue deter the growth of the market. North America is at the forefront of the global market. The region's market is expected to remain highly lucrative throughout the forecast period, reflecting at a stellar CAGR in terms of value.