The global bakery processing equipment market was valued at US$ 10.5 Bn in 2017 and is expected to witness a noteworthy growth, expanding at a CAGR of 7.0% during the forecast period from 2018 to 2026. Bakery industry has a significant position in the food processing industry. Growth in the production of bakery products is mainly attributed to its advantages over other processed food items. Bakery products are considered as convenient, ready to eat and possess satisfactory nutritional levels and thus have become essential food items of the vast majority of population.

The global baggage scanners market is poised to reach US$ 2.68 Bn by 2026, expanding at a CAGR of 6.8% during the forecast period from 2018 to 2026. Rising incidences of terror attacks across the globe have shaken the intelligence community. In wake of growing terrorist activities and consequent safety concerns, the demand for security systems including baggage scanners has been witnessing an alarming increase over the last few years.

This report on global ophthalmic lasers market studies various products and applications. The main need for ophthalmic laser surgery arises as it is technological advanced, cost effective, safe and quick surgical procedure. Laser eye surgeries are being performed by ophthalmologist for over 25 years with better patient suitability. Ophthalmic lasers offer freedom from contact lenses and eye glasses, with early visual recovery period and less chances of corneal infection after the surgery.

Automotive cockpit electronics refer to electronic modules that offer enhanced driving experience and comfort to passengers by means of entertainment and ambience. Automotive cockpit electronics also deal with systems that provide improved safety for passengers and the driver.

AC drives offer absolute solution to excessive dissipation of energy and increasing the efficiency of machines based on AC power. Using AC drives enables enhanced process and motor control and helps increasing the operational life of electric components.

The global agricultural drones market has been witnessing incremental growth over the last few years. The trend shall prolong as market continues to evolve, offering significant growth and investment opportunities for manufacturers during the forecast period 2018 – 2026. The growth in demand can be majorly credited to rising agricultural income and availability of flexible credit facilities for purchasing mechanized agricultural equipment for improving productivity. Steady growth in demand for organic food has increased the worldwide agricultural production Farmers across the globe are looking for advanced solutions to improve farm productivity and profit margins.

Action cameras are becoming popular across the world to take pictures and videos especially during sports and adventure activities such as surfing, rock climbing, skydiving, paragliding, bungee jumping, scuba diving, snorkeling, caving, surfing and others. Action camera are easy to handle, compact in size and enables users to take high quality photos and videos which is motivating consumers to purchase these cameras over traditional cameras.

The global 3D printed electronics market is projected witness immense growth, expanding at a CAGR of 27.8% during the forecast period from 2018 to 2026. The growth is mainly credited to the growing advantages of 3D printed electronics including high proficiency and accuracy, minimal wastage in production process, etc.

The wireless router for VPN market worldwide is expected to grow with a CAGR of 12.6% during the forecast period from 2019 to 2027. VPN market worldwide is witnessing tremendous growth since the past few years with growth rate of more than 10% every year. Growing cyber-attacks worldwide is driving the growth for VPN market, which in turn is helping the wireless router for VPN market to grow.

Globally, the water softening system market is expected to grow with a CAGR of more than 7.5% during the forecast period from 2019 to 2027, starting from US$ 2.52 Bn in 2018. Globally, the water consumption rate has increased drastically as the population is growing across the globe. It is essential to provide pure and clean water to the people in order to maintain good health and avoid spread of any infections or disease. This primarily drives the demand for water softening systems as these systems reduces the levels of harmful minerals from the water and supply pure water that can be consumed without any harm.

Globally, the VXI test equipment market is expected to grow with a CAGR of 25.3% during the forecast period of 2019 to 2027, starting from US$ 17.5 Bn in 2018. VXI is based on the VMEbus it is an old technology, which is being in used since 1980s in various industries. VXI Consortium developed the VXI standards. These standards were developed for standardizing the multi-manufacturers standard, which allows the test solutions to be more compact. VXIbus offers time-tested bus, which supports mechanized test and needs for measurements.

The vehicle cameras market worldwide is expected to grow with a CAGR of 10.30% during the forecast period from 2019 to 2027, starting from US$ 9.30 Bn in 2018. Vehicle cameras are useful in various instances such as to prevent theft, to avoid collisions, blind spot detection, driver monitor system and others. Every year nearly 1.25 Mn people die in road crashes, with additional 20-50 Mn being injured. These cameras are attached at different positions in the vehicle such as on the dashboard, front/rear bumper and on the windshield to give a 360-degree view of the vehicle’s surroundings.

The USB type C market worldwide is expected to grow with a CAGR of 25.7% during the forecast period from 2019 to 2027, starting from US$ 380.0 Mn in 2018. USB Type-C connectors are designed to help manufacturers provide a sleek & slim design for mobile devices and enable robust enough connections for industrial applications. These connectors have reversible interface and can accept a plug from any direction. This offers easy and reliable connection to electronic appliances and devices. USB-C supports wide range of different protocols and is rearward compatible to HDMI, DisplayPort, VGA and various others with the help of adapters.

Globally, the USB controller market is expected to grow with a CAGR of 15.5% during the forecast period from 2019 to 2027. USB controllers are the devices that supports the communication between a computer and a USB device. These devices are largely adopted across the globe as the demand for external data storage devices and data transfer systems is increasing. The major factors fueling the growth of the USB controllers market are technological advancements, increasing research and development investments to produce and launch new and innovative next generation controllers and increasing demand for flexible and easy to handle devices.

The global USB 3.0 flash drives market worldwide is estimated to rise with a CAGR of 17.7% during the estimated period from 2019 to 2027, starting from US$ 1,863.8 Mn in 2018. Increased virtual data and rising data volumes worldwide are the major key factors driving market growth. Rapid technical advancements in the flash drives market will also boost market growth.

The global ultracapacitor market was valued at US$ 1.52 Bn in the year 2018 and expected to reach US$ 7.93 Bn by the year 2027, expanding at a CAGR of 20.2% during the forecast from 2019 to 2027. Ultracapacitor is an electrostatic energy storage device that stores energy by polarizing the electrolytic solution. The device is gaining momentum in present and coming years due to rise in energy consumption regulations, and increasing preference for renewable energy over fossil fuels.

The UAV chips market worldwide is expected to grow with a CAGR of 9.6% during the forecast period from 2019 to 2027, starting from US$ 2.7 Bn in 2018. Unmanned aerial vehicle is a non-human pilot or passenger aircraft. UAVs — sometimes referred to as drones — may be fully or partially autonomous, but a human pilot controls them more often remotely. The chips used in these UAVs are called UAV chips. These chips are made from silicon and other semiconductor devices. There has been an increasing demand for such chips especially since the launch of several safety norms led by the government or other safety authorities.

Globally, the supercapacitors market is expected to grow with a CAGR of 17.1% during the forecast period from 2019 to 2027, starting from 2018 with a market value of US$ 420.2 Mn. The supercapacitors are defined as the devices, which store electrochemical energy, discharge it by reversible adsorption, and desorption of ions during the interface between electrolytes and electrode materials.

The super-capacitors and ultra-capacitors market worldwide is expected to grow at a CAGR of over 28.23% during the forecast period. A capacitor is a passive two-terminal electronic component that store electrical energy in an electric field. Due to high power density and cyclability, capacitors have been in huge demand. Super-capacitor is an enhanced form of traditional capacitor while ultra-capacitors are ideally used in consumer electronics. Regulatory changes and standards for environmental safety may supplement the growth in sales of capacitors. Due to these factors, we are expecting a steady increase in the super-capacitors and ultra-capacitors market during the forecast period.

In 2018, the global submersible pumps market was valued at US$ 11.40 Bn and expected to grow with a CAGR of 5.3% during the forecast period from 2019 to 2027. Submersible pumps market is expected to witness robust growth in the near future owing to rising infrastructural development and increasing industrialization worldwide. Increasing number of deep-water exploration activities and steadily growing water and wastewater management industry are the major growth factors for submersible pumps market.