Industrial Gearbox Market Driven by Increasing Efficiency

The industrial gearbox market is expected to grow from an estimated $25.91 billion in 2018 to $31.90 billion by 2023, at a CAGR of 4.25% from 2018 to 2023.  Increasing requirement for efficient energy gearbox and clean energy sources are driving the growth of the industrial gearbox market. The increasing automation in manufacturing technology is facilitating the growth of the industrial gearbox market. In addition, increasing investments in renewable power generation, with a skew towards wind power, is driving the industrial gearbox market.

Robust Growth in Heat-Shrink Tubing Market

The global Heat-Shrink Tubing Market is projected to reach $2.3 billion by 2024 from an estimated $1.8 billion in 2019, at a CAGR of 5.3% during the forecast period. Increasing investments in the electrical networks, increasing demand for reliable and secure power supply worldwide, and growing adoption of renewable energy sources across the globe are likely to drive the heat-shrink tubing market.

Switchgear Monitoring System Market Sees Strong Growth

The switchgear monitoring system market is projected to reach $2.0 billion by 2023 from an estimated $1.4 billion in 2018, at a CAGR of 7.83% from 2018 to 2023. As the global demand for electricity is increasing at a very high rate, to meet the rising power demands, new power plants are being installed at a rapid pace. This would drive the demand for switchgear monitoring system.

Information Rights Management Market to Witness Huge Growth

According to the new market research report “Information Rights Management Market by Component (Solutions (Integrated with EFSS & Integrated with DLP) and Services), Organization Size (SMEs & Large Enterprises), Deployment Type (On-premises & Cloud), Vertical, and Region – Global Forecast to 2023″, The information rights management market size is expected to grow from $913.5 million in 2018 to $1.9 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 15.6% during the forecast period.

Check Engine Light Market Driven by Growing Adoption

According to a new market research report published by Credence Research “Global Check Engine Light Market (Type (Intermittent Check Engine Light, Continuous Check Engine Light) Application (Passenger Cars, Commercial Vehicles)) – Growth, Future Prospects and Competitive Analysis, 2019 – 2027”, the global check engine light market is set to grow with a CAGR of 5.5% during the forecast period.

Exponential Growth in Functional Printing Market

The functional printing market report is a comprehensive research study on the printing technologies and functional inks used for printing electronics. The report covers the entire market with a special focus on the various technologies involved, namely, inkjet, flexo, gravure, screen, and others. The report also showcases market statistics and insights for the major applications. The applications covered in the report are displays, lighting, sensors, photovoltaics, batteries, and RFID.

Vehicle Anti-Theft Market Sees High Growth Rate

The escalation in crime rates related to vehicles has registered a sharp uptick in recent years. Market reports linked to the automobile technology industry have been offered by Market Research Future which makes reports on other industry verticals that aims to study the current market scenarios better. The Vehicle Anti-Theft Market is expected to attain an ascendant CAGR in the duration of the forecast period.

Exponential Growth in AI Infrastructure Market

Artificial intelligence (AI) refers to the theory and development of computer systems capable of performing tasks that usually require human intelligence. AI involves the study and synthesis of intelligent agents—in this case, a computer system. AI applications process large volumes of data, and they require powerful processing capabilities outside. AI infrastructure enables superior data throughput and storage capacity, as well as large data workloads.

Global Benzoic Acid Market Sees Substantial Growth

Global Benzoic Acid Market By Application (Sodium Benzoate, Potassium Benzoate, Benzyl Benzoate, Benzoate Plasticizer, Alkyd Resin, Benzoyl Chloride, Feed Additive, Others), End-Use (Food & Beverages, Chemical Industry, Pharmaceutical Industry, Others), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) – Industry Trends and Forecast to 2026

EMC Filtration Market Flowing

According to the new market research report EMC Filtration Market by Load Type (Single Phase & Three Phase), by Insertion Loss, By Applications, by Industry Verticals (Military, Medical, Automobile, Commercial, Consumer Electronics, & Telecom) & by Geography – Analysis & Forecast to 2014 – 2020″ the EMC filtration market, in terms of revenue, is estimated to grow at a CAGR of 5.97% from 2014 to 2020,which includes an in-depth analysis of the load type, applications, industry verticals, and geography.

Floating LNG Power Vessel Market Growing Strong

The floating LNG power vessel market is expected to grow from an estimated $860.1 million in 2018 to $931.6 million by 2023. In 2018, the Asia Pacific market is estimated to be the largest, followed by the Middle East & Africa. Factors such as growing population, industrialization and increasing urban business activities, and an increase in the demand for power generation are expected to drive the floating LNG power vessel market.

Customer Engagement Solutions Market to Witness Massive Growth

According to the new market research “Customer Engagement Solutions Market by Component (Solutions, Services), Deployment Type (Cloud, On-premises), Organization Size, Vertical (BFSI, Telecommunication, Consumer Goods & Retail), and Region – Global Forecast to 2023″, published by MarketsandMarkets, the customer engagement solutions market projected to grow from $14.08 billion in 2018 to $23.19 billion by 2023, at a CAGR of 10.5% during the forecast period.

Aluminum Composite Panels Market Growing Strong

The aluminum composite panels market size is estimated to grow from $6.67 billion in 2018 to $12.17 billion by 2027, at a CAGR of 6.92%. Rise in building & construction activities, large-scale investments in infrastructure & industrial sectors, and rapid urbanization in developing economies is boosting the growth of the globl market. The building & construction segment is projected to have the largest market share and dominate the market from 2017 to 2022. Growth of the advertisement industry plays a key role in changing the market.

Robust Growth in Solar Backsheet Market

The solar backsheet market is expected to grow from an estimated $1.71 billion in 2018 to $2.40 billion by 2023, at a CAGR of 7.02%, from 2018 to 2023. This market growth is driven by increasing global solar PV installations as well as policy support from governments to enable the adoption of renewable technologies. Another factor driving the demand for solar backsheet is the need to reduce carbon emissions.

Airborne LiDAR Market Taking Flight

The recent advancements in the LiDAR technology have increased the adoption of airborne LiDAR systems in forestry management & planning, urban/city modeling, flood modeling, and pollution modeling, cellular network planning, and transport planning. Moreover, the advent of collecting higher point densities by flying lower and slower to gather multiple data sets has widely accepted in the industry.

Hybrid Vehicle Market Revving Up

The Hybrid Vehicle Market is projected to grow at a CAGR of 8.94% during the forecast period (2018–2025), to reach a market size of 7,593 thousand units by 2025. The key growth drivers for the market are demand for zero-emission vehicles, stringent emission norms, government subsidies, better fuel efficiency, and longer driving range. The continuous increase in the sales of hybrid vehicles by major manufacturers such as Toyota, Nissan and others are propelling the growth of the overall hybrid vehicle market.

Double-Digit Growth in Silicon on Insulator Market

The Silicon on Insulator (SOI) market is projected to grow from $894 million in 2019 to $2.2 billion by 2024, at a CAGR of 19.6% from 2019 to 2024. Advancements in smartphones, tablets, earphones/headphones, and wearables are expected to fuel the growth of the market for consumer electronics, which use SOI wafers. Moreover, the rising adoption of SOI-based devices in advanced applications such as autonomous cars is also creating growth opportunities for the SOI market.

Food Acidulants Market Growing Strong

Food Acidulants are either synthetic or natural compounds which are primarily added to food products to restrict food spoilage. They are used to preserve flavor, taste, and other food qualities. Also, food acidulants help in increasing the products shelf-life. It is added to the food products in small quantities as an additive. Food acidulants are experiencing a hefty demand from the beverages industry owing to its multiple uses such as regulation of acidity, which provides sourness to the food products.

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.

Strong Growth in Incident and Emergency Management Market

According to the new market research “Incident and Emergency Management Market by Component, (Solutions (Emergency/Mass Notification System, Perimeter Intrusion Detection, and Fire and HAZMAT), Services, and Communication Systems), Simulation, Vertical, and Region – Global Forecast to 2024″, is expected to grow from $107 billion in 2019 to $148.5 billion by 2024, at a CAGR of 6.8% during the forecast period.

Juicer Market to Witness Massive Growth

Growing demand from the youth population for fruit juice products is likely to be a major driver for the Global Juicer Market over the forecast period. The youth demographic has evolved into a strong consumer demographic for the global juicer market due to the increasing number of millennials living on their own and requiring their own kitchen appliances. The importance of juicers to teenagers and other similar demographics is high, as they can be used to produce a wide variety of beverages, such as fruit juices and milk shakes. This is likely to remain a major driver for the global juicer market over the forecast period.

Voice Over LTE Market Growing at High Rate

According to the new market research report Voice over LTE Market by Long Term Evolution (Technology-FDD and TDD, End User Devices-Smart Phones, Dongles, and Routers), by Technology (CSFB, VOIMS, and Dual Radio/SVLTE), and by Geography – Analysis & Forecast to 2014 – 2020″, the total value of global voice over LTE market is estimated to grow at a CAGR of 64.40% from 2014 to 2020. The report includes an in-depth analysis of the Voice over LTE, by technology and geography; and  LTE market by technology, network modes, device, and geography.

Busbar Trunking System Market Sees Significant Growth

The busbar trunking system market is expected to grow from an estimated $6.35 Billion in 2017 to $8.85 Billion by 2022, registering a CAGR of 6.88%, from 2017 to 2022. The global market is set to witness a significant growth due to the increasing demand for electricity, multiple operational and technical advantages to attracted end-users, and stringent regulatory requirements to save power.

Double-Digit Growth in Global Smartwatch Market

The global smartwatch market is anticipated to grow at a CAGR of around 17% over the forecast period (2020-2027), owing to increasing sales of smart phones and rising demand for wireless health and fitness devices globally. Moreover, individuals who are involved in sports activities such as athletics, swimming, cycling and other activities are adopting smartwatches for the purpose of keeping track of their fitness regimen and other related activities.

Global Bicycles Market Driven by Health and Fitness

Research Nester released a report titled “Global Bicycles Market: Global Demand Analysis & Opportunity Outlook 2027” which delivers detailed overview of the global bicycles market in terms of market segmentation by product type, demography, end user, distribution channel and by region. Further, for the in-depth analysis, the report encompasses the industry growth drivers, restraints, supply and demand risk, market attractiveness, BPS analysis and Porter’s five force model.

Product Lifecycle Management Market Growing Strong

According to the new market research “Product Lifecycle Management Market by Software (Collaborative Product Definition Management (cPDm) Software, Mechanical Computer Aided-Design Software (MCAD) and others), Service, Deployment, Organization, Vertical, and Region – Global Forecast to 2024″, to grow from $50.7 billion in 2019 to $73.7 billion by 2024, at a Compound Annual Growth Rate (CAGR) of 7.8% during the forecast period.

Take-Out Fried Chicken Market Sees Delicious Growth

The Global Take-Out Fried Chicken Market is estimated to be valued at $8.25 billion by 2025, expanding at a CAGR of 5.47% during the forecast period. Take-out fried chicken refers to fried chicken ordered from a restaurant and consumed off-premises. Based on product type, the market has been segregated into fried chicken are wings, breast, drumsticks, thighs, nuggets, and others. Take-out fried chicken includes takeaway and online and offline food delivery offered by the restaurant chains.