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Automated Fare Collection System (AFCS), also known as electronic fare collection system, is an automated system that helps public transit operators to trace and account the revenue and provide a convenient way of fare payment instead of cash. The global automated fare collection system market includes technologies such as smart cards, Near Field Communication (NFC), Optical Character Recognition ...

The artificial intelligence for drug discovery and development market was valued at $520 million in 2019 and is projected to reach $4,815 million by 2027, registering a CAGR of 31.6% from 2020 to 2027. Artificial intelligence (AI) is science and engineering adopted to design intelligent machines, especially intelligent computer programs. AI is an intelligent system that relates various human int...

The AI in healthcare market was valued at $4,836.87million in 2019 and is projected to reach $99,491.58 million by 2027, registering a CAGR of 42.8% from 2020 to 2027.Artificial intelligence (AI) can be defined as the science and engineering adopted to design intelligent machines, especially intelligent computer programs. AI is an intelligent system that applies various human intelligence based fu...

Foot care products are personal care products, which are involved in the preventive and remedial care of ankle and foot. These products are sold through various supply chains such as drug stores & pharmacies, hospitals & clinics, and online stores. The foot care products are sold in various forms, including foot creams, foot repair ointment, foot cleansing lotions, and slough scrub products. The g...

The load balancer market size was valued at $3,398.3 million in 2019, and is projected to reach $8,908.2 million by 2027, growing at a CAGR of 12.9% from 2020 to 2027. A load balancer is a device that distributes network or application traffic across a cluster of servers. Its key role is to balance load, which manages the flow of information or traffic between the server and an endpoint device. T...

The global supercapacitor market size is expected to reach $16.95 billion by 2027 from $3.27 billion in 2019, growing at a CAGR of 23.3% from 2020 to 2027. Supercapacitor is a new energy storage technology that is developed heavily in modern times to provide significant industrial and economic advantages. In addition, supercapacitors store energies in their electric field, but in case of batterie...

The electronic shelf label market size was valued at $624.7 million in 2018, and is projected to reach $2.40 billion by 2027, growing at a CAGR of 15.9% from 2020 to 2027. The electronic shelf label (ESL) system is used for displaying product pricing on shelves. It utilizes wireless communication networks such as radio frequency (RF) technology and infrared (IR) technology to communicate with the ...

The global vital signs monitoring devices market was valued at $4,655.9 million in 2018 and is projected to reach $7,813.5 million by 2026, registering a CAGR of 6.6% from 2019 to 2026. Vital signs monitoring devices are used for measurement of vital parameters, including blood pressure, heart rate, respiratory rate, & body temperature, and helps in monitoring physical functioning of the body. The...

The global interactive kiosk market size was valued at $14.76 billion in 2018, and is projected to reach $32.51 billion by 2027, growing at a CAGR of 9.1% from 2020 to 2027. Interactive kiosk is a standalone booth that enables retail, banking, and other industries to provide information about transaction processes. Interactive kiosk is more flexible and allows organizations to adjust without incur...

The global protective clothing market was valued at $8.7 billion in 2019, and is projected to reach $12.0 billion by 2027, growing at a CAGR of 6.0% from 2020 to 2027. Protective clothing is designed to prevent the employee or worker in harmful or adverse working condition. Depending upon the need of industry, protective clothing can be customized as fire resistant, chemical resistant, cold resi...

A Graphic Processing Unit (GPU) is a dedicated electronic circuit designed to deploy and modify memory to accelerate the creation of images for a display. These are used in tablets, embedded systems, mobile phones, personal computers, workstations, and game consoles. They manipulate computer graphics and image processing, which make them more efficient than general-purpose central processing units...

The global hydraulic equipment market size is expected to reach $51,653.1 million in 2027, from $40,518.6 million in 2019, growing at a CAGR of 3.8% from 2020 to 2027. Machine that uses liquid fluid power for its operations is referred to as hydraulic machines. Hydraulic liquid is pumped to cylinders and motors through the machine, and is pressurized considering the resistance. The valves control ...

Platform screen door system is a type of barrier that is installed at transit stations and act as a barrier between the passenger and the transit area such as platforms or airport runways. Platform screen door system is intended to provide safety and security to the passengers; thus, reducing the chance of accidents caused due to human intervention. The main purpose for the installation of platfo...

Automotive acoustic engineering service is defined as the process of reducing noise arising from different vehicular components to such an extent that it does not affect the inner as well as the outer environment of the vehicle. Since numerous components such as engine, motor, and similar components have a wider application in an automobile, they eventually produce an intolerable noise, which is c...

The global string inverter market was valued at $3.1 billion in 2019, and is projected to reach $4.6 billion by 2027, growing at a CAGR of 6.3% from 2020 to 2027. String inverter is a system that converts DC power into AC power. Inverters are considered to be the main part of the solar system. It is gaining popularity over central inverter (type of solar inverter) in small utility projects nearly ...

The India ceramic tiles market size was valued at $3,720.2 million in 2019, and is projected to reach $7,144.7 million by 2027, growing at a CAGR of 8.6% from 2020 to 2027. By volume, the India ceramic tiles market was 821 million square meter (MSM) in 2019, and is projected to reach 1,384 MSM by 2027, growing at a CAGR of 6.9% from 2020 to 2027. Ceramic tile is one of the types of tiles which is ...

The global fire-rated doors market size was valued at $42,228 million in 2019, and is projected to reach $60,129 million in 2027, growing at a CAGR of 6.1%. The fire-rated doors are resistant to fire for 20 minutes to around 3 hours depending on the type of material used. The fire-rated doors are used to prevent spread of fire in the premises of property or buildings. They are widely used in both ...

The global gel battery market was valued at $1.8 billion in 2019, and is projected to reach $2.6 billion by 2027, growing at a CAGR of 4.2% from 2020 to 2027. A gel battery is one of the types of valve regulated lead acid (VRLA) battery. It is maintenance free, as well as versatile. Gel battery produces less fumes and can be used in applications without much ventilation. The electrolyte in the g...

The global capnography market accounted for $393.93 million in 2019, and is expected to reach $1,181.55 million by 2027, registering a CAGR of 13.5% from 2020 to 2027. Capnography is a medical tool that measures concentration or partial pressure of excised or current carbon dioxide. During anesthesia and intensive care, it is mostly used to monitor CO2 in respiratory gases. It also helps to diagn...

The global internet of things in healthcare market was valued at $113.7billion in 2019 and is expected to reach $332.67billion by 2027, registering a CAGR of 13.20% from 2020 to 2027. Internet of Things (IoT) is a communication network technology that is rapidly proliferating at an unprecedented rate. It connects people with IoT by transforming information from the physical world into the digital...

The global surfactants market was valued at $41.3 billion in 2019, and is projected to reach $58.5 billion by 2027, registering a CAGR of 5.3% from 2020 to 2027. Surfactants are organic chemicals, with both hydrophilic and hydrophobic ends, that when added, change the properties of the liquid. Surfactants allow oil molecules to dissolve in water. They have vast practical applications in a variety ...

The global COPD and asthma devices market is expected to reach $51,628.58 million by 2027, registering a CAGR of 4.30% during 2020-2027. Chronic obstructive pulmonary disease (COPD) and asthma devices, also known as pulmonary drug delivery devices, are used as a permanent treatment or rescue therapy for respiratory diseases and other related ailments. It is the most advanced mode of drug adminis...

The ASEAN ethylene vinyl acetate resins (EVA) market was valued at $769.0 million in 2019, and is projected to reach $1,276.8 million by 2027, growing at a CAGR of 6.5% from 2020 to 2027. Ethylene vinyl acetate (EVA) resins are manufactured through copolymerization of ethylene and vinyl acetate. They are used in the production of packaging film, foam, wire & cable, solar cell encapsulation, and h...

The global electrochromic glass market was valued at $1.4 billion in 2019 and is projected to reach $2.6 billion by 2027, growing at a CAGR of 9% from 2020 to 2027. Electrochromic glass is a kind of smart glass that changes its transparency to opaque or translucent, depending on the voltage applied to it. Electrochromic glass is majorly used in non-residential buildings such as offices, hospitals,...

A rubber tire is a component fitted around the rim of a wheel to transfer the load of a vehicle from the axle to the ground. Majority of the tires are pneumatically inflated that offer a flexible cushion with shock absorption when the tire travels over a rough surface. The automotive tire market is segmented on the basis of season type, vehicle type, rim size, distribution channel, and region. Mo...

The global epoxy resin market was valued at $5.9 billion in 2019, and is projected to reach $10.3 billion by 2027, growing at a CAGR of 7.0% from 2020 to 2027. Epoxy resin is a thermosetting polymer formed by copolymerization of an epoxide with another compound having two hydroxyl groups. These resins are known for their enhanced performance in numerous industrial applications, owing to propertie...

The global catheter coatings market was valued at $918.9 million in 2018 and is projected to reach $1,527.3 million by 2026, registering a CAGR of 6.50% from 2019 to 2026. Catheters are tubular medical devices that are inserted into a patient’s body for delivering drugs or fluids, and are also helpful in removing harmful substances from the body. These devices are used in several post-surgery pr...

The global industrial valves market size is expected to reach $107,356.7 million in 2027, from $86,202.7 million in 2019, growing at a CAGR of 3.5% from 2020 to 2027. Industrial valves are employed in nearly every process industry. They are mainly utilized for regulation, direction, and control of liquids, slurries, gases, vapors, and others flowing through piping systems. They are high functionin...

The global automotive sensor market size is expected to reach $37.65 billion by 2027 from $16.40 billion in 2019, growing at a CAGR of 10.2% from 2020 to 2027. Automotive sensors are used to detect and monitor different physical and chemical processes in a vehicle, to find out any issues that could occur in the future. With the help automotive sensors, leading companies provide safety, comfort,...

The global power electronics market size is expected to reach $36.64 billion by 2027 from $23.25 billion in 2019, growing at a CAGR of 5.7% from 2020 to 2027. Power module is a set of power components integrated in power semiconductor devices. Power devices can attain extremely low resistance and high-frequency switching. These properties are exploited in high-efficiency power supplies, electric...