The sevoflurane, isoflurane and desflurane market is expected to reach USD 1.5 billion by 2022 in comparison to USD 1.2 billion in 2014. These three chemicals are inhalation agents and have been used by anesthesiologists, nurse anesthetists, and anesthesiology assistants on a consistent basis. They are very strong and cost less, with minimum damage to the ozone layer.
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Driver assistance systems market is expected to grow at a significant pace from 2016 to 2024 owing to the increased demand for premium passenger cars. Factors such as growing number of households, economic prosperity, increase in people holding driving licenses and growth in employment contributes to the increasing passenger car demand.
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North America air conditioner market size is expected to reach USD 52.56 billion by 2020, growing at a CAGR of 9.0% from 2014 to 2020. Increasing awareness among customers regarding energy optimization is expected to drive the market growth over next six years. In established market such as North America, energy efficiency is the primary concern.
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The Asia-Pacific air filtration market was valued at over USD 3.4 billion in 2015. It is projected to grow at a CAGR of 8.6% during the forecast period (2016-2024). The industry will reach nearly USD 6.6 billion by 2023. Emission norms and environmental regulations will drive the industry.
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Electronic design automation is the arrangement of programming instruments which are utilized to outline complex electronic framework circuits. Prior K-Maps system was utilized to plan stream of electronic circuits. In any case, with mechanical progressions and approach utilization of gadgets in the different businesses; more mind boggling electronic circuits were required
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The global Context Aware Computing Market size is poised to expand at a whopping CAGR exceeding 30% from 2016 to 2024 (forecast period). Ongoing trends suggest that this market could report revenues surpassing USD 125 billion by 2024.
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The global aerial imaging market is projected to reach USD 3.3 billion by 2024. It will grow at an estimated 13.5% CAGR over the forecast phase (2016-2024). Aerial imaging or imagery involves capturing ground images using unmanned aerial vehicles (UAVs), helicopters, dirigibles, blimps, kites, and parachutes.
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The worldwide atmospheric water generator market stood around USD 920 million in 2015. It is estimated to grow at over 20% CAGR over the forecast period (2016-2024).
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The global intelligent virtual assistant market is projected to exceed USD 3 billion by 2020. Increased focus on effective client communication, made easy by virtual assistants, is expected to drive the intelligent virtual assistant market over the forecast period. Key industry participants serve numerous industries such as travel, insurance, finance, government, retail, media, etc. Growing need to oversee the growth of data in enterprises is expected to positively influence the market.
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Projected to grow at a CAGR of around 9%, organic personal care market is to witness a significant growth over the forecast period owing to growing awareness by consumers to use environmentally friendly products that do not contain parabens, petrochemicals, phthalates and aluminum salts. With formulators and retailers looking for new ways to create demand and increasing brands coming up with organic products is to drive the industry growth over next eight years.
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The global tissue engineering market was valued to be around USD 23.2 billion in 2015 and further expected to exceed USD 94.7 billion at a growing of CAGR 23% over the foreseeable period.
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Global starch derivatives industry size is expected to increase significantly over the next seven years on account of growing usage in processed pharmaceuticals, foods and beverages. Easy integration in a broad range of food products and increasing demand for adhesives in industries is expected to drive the starch derivatives market.
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Land Mobile Radio technology is a wireless communications system projected for utilization by worldwide users on foot portables or in vehicles This LMR systems are used by emergency responder organizations such as fire fighters, ambulance service, police, and dispatched services, public work organizations such as numerous field staff, taxis, and companies with large vehicle fleets.
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Intelligent Transportation System (ITS) market is expected to witness substantial growth over the forecast period. This can be attributed to its ability to enhance performance, reduce accidents, optimize fuel consumption and enable multimodal transport through integration of Information and Communications Technology (ICT).
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