The global liquid waste management market is expected to grow at a CAGR of 3.6% during the forecast period from 2019 to 2027, starting from US$ 87.30 Bn in 2018. Waste is a global issue, waste when not disposed properly can be a serious threat to public health. Liquid waste management includes a series of activities such as processing, collection and disposal of liquid waste. The increasing awareness for hygiene and government regulation globally supports the growth of the liquid waste management market.
The growing demand for liquid silicone rubber from the healthcare industry is driving the global liquid silicone rubber market. Liquid silicone rubber (LSR) has some great properties than its competitor materials such as high thermal stability, chemical stability, and electrical resistance. These properties made it the first choice in many industries such as automotive and electrical & electronics. In the medical field, the hygienic quality of LSR helps to reduce the spread of bacteria or fungi to the patient's body, and its flexibility and softness ensure comfort to patients.
Globally, the light engine market is expected to grow with a CAGR of 12.9% during the forecast period from 2019 to 2027 and had been estimated to register a market value of US$ 49.68 Bn by 2027. Rising urbanization has led to technological advancement which is offering new technologies and products to the consumers and industries. Light engine are similar to the LEDs mounted on a board. The light engine drives the LEDs by managing thermals, providing protection, and regulating power.
The global livestock monitoring market was valued at US$ 1.39 Bn in the year 2018 and expected to reach US$ 3.45 Bn by the year 2027, expanding at a CAGR of 10.7% during the forecast from 2019 to 2027. Developments in sensor technology that have taken place and that is in progress, will make available increasing amounts of information relevant to monitoring animals and their environment, and hence their production, growth, and health.
The Lambert-Eaton Myasthenic Syndrome (LEMS) market is keen to represent linear growth at a compounded annual growth rate (CAGR) of 6.7% during the forecast period from 2019 to 2027. LEMS is a rare autoimmune disorder which is manifested by the clinical triad which comprises of reduced tendon reflexes, autonomic symptoms and proximal muscle weakness. Most of the patients suffering with LEMS go undiagnosed at an early age due to its overlapping symptoms similar to small cell lung cancer (SCLC).
Globally, the IT robotic automation market is set to grow with a CAGR of 27.5% through the forecast period. The growing need among the organization to reduce the cost of operations and enhance the operational and business performance is driving the market growth. As the competition among the market players is increasing and the business models is changing, the organization are shifting towards automation solutions especially in conjunction with artificial intelligence and analytical technologies.
The IP Intercom market worldwide is expected to grow with a CAGR of 3.4% during the forecast period from 2019 to 2027, starting from US$ 0.94 Bn in 2018. The IP intercom includes a call and door release button and attaches to the network directly. It includes Talkmaster software and PoE interface box providing notification of door bell, two way audio as well as door release. The relay is included in order to be directly connected to the electrical lock. Several versions are available for both indoor and outdoor applications.
The rapid progress in the field of digital communication and networking has greatly influenced the aviation industry across the world. By adopting new and advanced technologies, the aviation industry is reshaping itself to improve its operational efficiency and passenger experience. Many companies are investing in IoT that has the ability to connect technology, processes, people, and culture to deliver seamless air travel experience.
Interactive display accounted for the market value of US$ 8.2 Bn in 2018 and expected to grow with promising CAGR of 7.9% across the forecast period from 2019 to 2027. By leveraging capabilities of interactive display, IT infrastructure in commercial sector enables to provide highly synchronized and interactive solutions for all workloads. Interactive display drives efficient and productive collaboration without hassle. For instance, advanced interactive display allows number of meeting participants to make notes using embedded pen as well as any virtual writing tools.
Globally, the interactive and self-service kiosk market is expected to grow with a CAGR of 9.1% during the forecast period from 2019 to 2027, starting from US$23.45 Bn in 2018. Globally, technological advancements in electronic and information technology industry has resulted in development of equipment that would help reduce human efforts and simplify the process in various industries. The new and advanced interactive and self-service kiosk systems are helping in streamlining the process of product and service delivery.
The global insurance fraud detection market was accounted at US$ 3.29 Bn in 2018 and is projected to witness significant growth, growing with a CAGR of 15.2% across the forecast period from 2019 to 2027. Digitization marked by increasing number of smart devices and social media activities is regularly changing the landscape for all sectors, including insurance. Insurance fraud has occurred and still occurs where insurance policies are inscribed, taking different forms to suit the economic times.
Globally, the inflatable tents market is expected to grow with a CAGR of 6.2% during the forecast period from 2019 to 2027, starting from 2018 with a market value of US$ 700.0 Mn. Inflatable tents are also known as air tents are similar to the other tents in structure. However, there is a difference as compared to the traditional tents such as the traditional tents uses metal, plastic or fiberglass of material poles for setting up the structure, whereas the inflatable tents use beams, pumped up to offer the structure.
Globally, the industrial magnetrons market is expected to grow with a CAGR of 5.4% during the forecast period from 2019 to 2027. The market growth is driven by increasing adoption of the magnetrons across the manufacturing facilities for heating, plasma generation, and plasma generation. Also, the increasing industrialization along with the supportive government initiatives is serving as a major force propelling the demand for the industrial magnetrons.
Globally, the industrial hearable market is expected to grow with a CAGR of 35.4% during the forecast period from 2019 to 2027, and was recorded to have a market value of US$144.6 Mn [A1] in 2018. The hearable technology is a form of hybrid technology, which merges the wearable technology in the hearing devices. The hearable devices have various applications, which include noise cancellation, directional hearing, audio analysis, sound applications, audio masking, and other applications, in various industry verticals.
Global identity governance & administration market was valued at US$ 4.1 Bn in 2018 and expected to surge at a CAGR of 13.2% from 2019 to 2027. Identity theft across the world is rising at an alarming rate resulting in heavy financial losses to business organization. Identity governance and administration is fundamental building block of identity and access management (IAM) strategy. These tools manage access rights and digital identity across multiple systems by providing functions such as identity life cycle, access request, entitlement management, workflow management and policy & role management among several others. Evolving internal security and external compliance requirements expected to exert enormous pressure on organizations to regulate access to their systems and applications.
Globally, the IBM Bluemix services market is expected to grow with a CAGR of 26.1% during the forecast period from 2019 to 2027 and had been estimated to register a market value of US$ 40.45 Bn by 2027. The IBM Bluemix is a type of service model developed by IBM Corporation where the developers can use it for developing and sharing the information. The Bluemix services is a Platform as a service (PaaS) model where the providers are allowed to share messaging engines, databases, solution stacks for application build, development and deploy them.
Globally, the hydrostatic transmission market is expected to grow with a CAGR of 6.5% during the forecast period from 2019 to 2027, starting from 2018 with a market value of US$ 6.12 Bn. Hydrostatic transmission are the devices or the systems which are utilized by heavy machineries with high power without speed. These devices use fluid pressure, which revolves around pump and motors for transmission of torque. Moreover, these machines have applications in various industries such as construction and mining, heavy industries, agriculture and others.
Globally, the hydrostatic testing market is expected to grow with a CAGR of 5.2% during the forecast period from 2019 to 2027. The market growth is driven increasing investment in the oil & gas industry across the globe. The oil & gas companies are investing heavily across the value chain to enhance the operational efficiency and business agility. The oil & gas industry is leveraging heavily on the hydrostatic testing to check the strength and leakages across pipelines, gas cylinders, boilers, and pressure vessels.
The global hydrogen generation market value surged from US$ 121.6 Bn in the year 2018 and expected to reach US$ 228.9 Bn by year 2027, expanding at a CAGR of 7.3% during the forecast from 2019 to 2027. Hydrogen has unique capabilities and significant potential in low carbon energy future due to its abundance in the earth’s atmosphere and lightest of all elements. Its potential in a low carbon energy future is largely driven by three characteristics. First, efficient energy carrier and storage medium due to high specific energy content by weight. Second, the combustion of hydrogen produces only water and heat.
Globally, the human capital management market is expected to grow with a CAGR of 8.5% during the forecast period from 2019 to 2027, starting from US$ 16.55 Bn in 2018. The market is driven by the increase demand among organizations to streamline the resource management, payroll, vendor management and other HR functions. As the competition among the organizations is increasing and business models are changing, the organizations are looking for more advance ways to reduce the cost of operations and enhance the efficiency of the business processes.