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The skateboard demands continue to rocket, making the global market even more competitive each day. There are numerous skateboard manufacturers differing in their sizes and market shares. Because skateboarding is a strenuous and slightly risky game, consumers prefer buying their skateboards from leading brands and popular businesses.

The armoured vehicles market is enormous, valuing over sixteen billion USD in 2018 alone. Fortunately, it’s also one of the handfuls of global industries that remained unscathed due to the pandemic. In fact, while the supply of armoured vehicles was reduced because of lockdowns, lack of supply chains, and limited economic production, their demand continued expanding.

The smart lock industry's expansion means high competition as more businesses strive to capture a higher market cap due to their latest and more precise features. That being said, some companies continue to stay strong without letting the neck-to-neck competition wear their profitability down.

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