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The global isostatic pressing market was valued at $5.81 billion in 2019, and is projected to reach $7.97 billion by 2027, registering a CAGR of 6.02% from 2020 to 2027. Isostatic pressing is one of the fastest-growing heat and HIP treatment systems. Isostatic pressing is powder metallurgy designed to achieve maximum uniformity of density in titanium and other metallic applications. Thus, improves...

Near field communication (NFC) is an array of protocols based on a wireless interface that enables communication devices and electronic gadgets to establish radio communication with each other under proximity. Near field communication technology is mainly used in smartphones, laptops, and tablets for short range of data exchange (up to 10cm or less). This technology is used for marketing and payme...

The global residential boiler market was valued at $8.1 billion in 2019, and is projected to reach $12.3 billion by 2027, growing at a CAGR of 5.8% from 2020 to 2027. Residential boiler is the type of heating equipment that generates heat for water heating and space heating applications. Sometimes, residential boiler can be used in commercial applications by increasing its capacity. Generally res...

Customer relationship management (CRM) includes combination of strategies, technologies and practices that are used by organization to analyze and manage interactions between customer and organization as well as to collect data throughout the customer lifecycle. Its goal is to enhance customer and company relationships and help in customer sustainability and increases the sales growth. Customer re...

Satellite communications is the technology applied in communication of data, voice, or video at low latency and high bandwidth over long distances by commercial, civil, and government agencies. The satellite communication is utilized in Very Small Aperture Terminal (VSAT) systems, Digital Satellite News Gathering (DSNG), Direct-to-Home (DTH) television broadcasting, and several other applications,...

Sperm bank (cryo-bank or semen-bank) is a specialized repository that purchases and stores the sperms under scientifically controlled conditions to keep them viable for a longer period of time. These stored sperms are sold to clinics and hospitals across the globe for artificial insemination, which involves introduction of the sperm directly into the female’s uterine cavity to fertilize the egg ...

Vehicle analytics is the methodical computational analysis of statistics or data generated from the vehicle and utilized by OEMs, fleet owners, and others to attain operational efficiency. Real-time vehicle data generated from vehicle analytics technology is focused on driving behavior analysis and vehicle health for improvement in the areas of product R&D along with consumer experience analysis a...

The global insurance analytics market size was valued at $7.91 billion in 2019, and is projected to reach $ 22.45 billion by 2027, growing at a CAGR of 14.2% from 2020 to 2027. Insurance analytics engages in process of collecting, analyzing, and extracting relevant insights from various data sources. Moreover, insurance analytics largely help in pricing & risk selection, identifying customers at ...

The global flavors and fragrance market size was valued at $28,193.1 million in 2019, and is projected to reach $35,914.3 million by 2027, registering a CAGR of 4.7% from 2021 to 2027. Flavors and fragrance ingredients are natural and synthetic substances, which when added to products give them the desired smell. Fragrances are used extensively in products such as detergents, cosmetics, soaps, toi...

IoT in insurance sector help insurers to collect granular data from a vast number of connected sensors to draw meaningful insights from the collected data. In addition, it delivers numerous benefits to insurance companies that include eliminating data duplications, speeding up and optimizing claims process, and removing customer frustrations. In addition, IoT-based equipment have been collecting a...

The global clear brine fluids market was valued at $1.0 billion in 2019, and is projected to reach $1.3 billion by 2027, growing at a CAGR of 3.6% from 2020 to 2027. Clear brine fluids are engineered salt solutions that contain at least one of the components: chloride, bromide, and formate. It is solid-free and is used in upstream oil & gas operations as a drill-in, completion, and workover fluid....

Although big data technologies hold the key for most of our problems and for future innovations, there are plenty of challenges that have to be addressed quickly. The biggest challenge and concern is that the big data technologies lack privacy. This scenario has created a strong foundation for the big data security solutions; thus, alleviating the market growth during the forecast period. Artifici...

The global smart card market was valued at $10.19 billion in 2019, and is projected to reach $15.57 billion by 2027, growing at a CAGR of 6.2% from 2020 to 2027. A smart card is also identified as an integrated circuit card or chip card, which contains a computer chip and permits the user to buy goods & services, access medical, financial or other records, enter restricted areas, or perform other ...

The global LiDAR sensor for environmental market size was valued at $249.3 million in 2019, and is projected to reach $653.8 million by 2027, to register a CAGR of 15.1% from 2020 to 2027. Light detection and ranging (LiDAR) system was introduced to enable examination, detection, and mapping of objects using light rays. Basic LiDAR device consists of a sender, which emits light rays and a receiver...

The global audio IC market size was valued at $27.72 Billion in 2019, and is projected to reach $45.57 Billion by 2027, to register a CAGR of 7.09% from 2020 to 2027. Audio IC is an electronic device, which is used in audio processors, MEMS microphones, audio amplifiers, and subsystems. Various types of audio ICs include audio amplifiers, audio converters, audio DSPs, and audio processors. Audio a...

Automotive switches are one of the basic components of a vehicle. They regulate the entire electrical equipment installed in an automobile. Presently, electromechanical automotive switches are commonly installed in all vehicle types. They are quite convenient to operate and are quite responsive. They are used to operate power windows, power seats, HVAC systems, and others. Automatic switches used ...

The global thermoplastic composites market was valued at $15.2 billion in 2019, and is projected to reach $22.8 billion by 2027, growing at a CAGR of 6.1% from 2020 to 2027. Composite materials are formed by combining a resin matrix, armature and operational additives. There are two types of composites – thermoset and thermoplastic composites. Thermoplastic composites developed from structural p...

The global healthcare fabrics market was valued at $15.9 billion in 2019, and is projected to reach $37.4 billion by 2027, growing at a CAGR of 13.0% from 2020 to 2027. Healthcare fabrics are primarily intended to reduce the risk of contamination and to aid in the prevention of infection and disease transmission on the cloth. Medical fabric, also known as healthcare fabric, is created by applying ...

Tag management system is a basic platform, which enables business and marketers to rapidly manage, unify and connect its digital marketing platform such as web analytics, email service provider, search engine optimizer, online advertising, and social media marketing without any large customization. It is simply other form of or part of data-collecting code, which is used by lots of digital marketi...

The APAC chillers market size is anticipated to reach $7,426.0 million by 2027 from $5,436.7 million in 2019, registered a CAGR of 5.4% from 2020 to 2027. Chillers are refrigeration devices designed to store food & beverages, medicines, and other perishable items to increase their shelf life. In addition, they are used for other purposes such as removal of heat from data centers. Commercial food s...

Battery swapping is a process in which a drained electric vehicle battery is exchanged for a fully charged battery at a battery swapping station. These stations act as battery aggregators that provide the infrastructure where a number of batteries are kept in charging and charged batteries are made available to electric vehicle drivers. Customers or drivers can simply exchange the discharged batte...

Video analytics is the video content analysis to detect the anomalies, spatial, and temporal occurrences, and automatically generate alarms or alerts to the concerned user. Video analytics software can also simplify forensic analysis of historical data to classify trends, patterns, and incidents. Video analytics automates the video surveillance process by delivering high-end benefits to the users ...

The global automotive logging device market was valued at $12.73 billion in 2019, and is projected to reach $17.46 billion by 2027, registering a CAGR of 4.1% from 2020 to 2027. Automotive logging device is a device that is used in vehicles to monitor or track working hours of the drivers and commercial motor carriers on the basis of hours of service compliance. Automotive logging devices are most...

ATVs are single-seated, small, open motor vehicles with the ability to operate on snow, forests, mountains, and other rough terrains. However, UTVs have multiple seating capacity and can carry more than one rider safely. UTV is also known as side by side as it has side by side seating facility for passengers. These vehicles can be driven on muddy, rocky, and other rough terrains as they are equipp...

The global aluminum extrusion market was valued at $77.8 billion in 2019, and is projected to reach $118.7 billion by 2027, growing at a CAGR of 5.4% from 2020 to 2027. Aluminum extrusion involves shaping aluminum alloy billet by forcing it through a die. During the extrusion process, a ram pushes the aluminum product through the die shape and it comes out with the same shape of the die. Some of ...

The global carbon black in lead-acid battery market was valued at $417.1 million in 2019, and is projected to reach $591.4 million by 2027, growing at a CAGR of 4.6% from 2020 to 2027. Carbon black is widely used in the lead-acid batteries consumed in automotive, e-bike, energy storage, stationary, and industrial applications. It possesses unique properties such as high surface area, high conduct...

The global hair conditioner market size was valued at $8,467.1 million in 2019, and is estimated to reach $10,472 million by 2027, registering a CAGR of 4.2% from 2021 to 2027. A hair conditioner is a type of hair care product that is used to improve the feel, appearance, and manageability of hair. Its primary function is to reduce friction between hair strands, allowing for easier brushing or c...

The global cocoa market size was valued at $12,874.0 million in 2019, and is estimated to reach $15,501.1 million by 2027, registering a CAGR of 4.3% from 2021 to 2027. Cocoa is obtained from a tropical plant called Theobroma cacao or cacao tree. The major cocoa producing nations include Cote d’Ivoire, Ghana, Nigeria, Ecuador, and Cameroon. The cocoa bean is dried and fermented to produce cocoa...

The global fertility services market generated $20,388.61 million in 2019 and is projected to reach $25,709.64 million by 2027, growing at a CAGR of 15.9% from 2020 to 2027. Fertility services are treatments that assist in treating infertility in patients. In vitro fertilization (IVF), surrogacy, artificial insemination, and others are different forms of infertility services, which aid couples wi...

Road freight transportation is the process of transporting goods & services from one place to another through roadways. This includes a fixed path between the source & destination across which the products are transported. Numerous companies have been operating efficiently in Europe to transport freight from one place to another, which includes domestic as well as international locations. The nee...