Alternative sweeteners market is expected to reach US$ 19998.1 Mn by 2026 with 4.7% CAGR during the forecast period from 2018 to 2026. In 2017, North America led the alternative sweeteners market and Asia Pacific is estimated to be the fastest growing region between 2018 and 2026.
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.
Allergy immunotherapy market accounted for a market value of US$ 1,499.0 Mn in 2017 and projected to grow at a CAGR of 10.1% during the forecast period from 2018 to 2026. Allergy immunotherapy helps to prevent or minimize the allergic reactions and provide log-term benefit to patients. This therapy helps to increase immunological tolerance and changes the course of disease due to which demand for immunotherapy is increasing globally.
Algorithmic Trading can be termed as an application powered by artificial intelligence and sophisticated algorithm to carry out trading decisions without any human intervention. Dynamics of trading sector are changing at brisk pace and new technologies such as algorithmic trading are giving a head start to trading institutes and financial organizations.
Aviation industry across the globe is witnessing a spurt in terms of number of aircraft and airports. Airport snow and ice management equipment are an essential part of airport arsenal to maintain smooth and safe operation of air traffic, especially in countries having long and cold winter seasons. Furthermore, drastic climatic changes due to global warming triggered acyclic nature of snowfall and extended winters in some places certainly helped the airport snow & ice management equipment market to maintain its steady growth and expected to proliferate with a consistent rate throughout the forecast period from 2018 to 2026.
The baggage handling systems market was valued at US$ 8.14 Bn in 2017 and expected to be growing at a compounded annual growth rate (CAGR) of 8.2% from 2018 to 2026. One of the most prominent factors complimenting the market growth can be attributed to the increasing requirement for improving the operational efficiency at airports.
Public transportation modes are widely exposed to destructive events by terrorists due to significant number of travelers in single car. Airport & marine port security systems majorly include physical access control, surveillance systems, screening & scanning, perimeter intrusion detection systems among others.
The overall aircraft tires market is set to demonstrate steady growth rate during the forecast period from 2018 to 2026, up from US$ 1,260.4 Mn in 2017. Aircraft tires are among the most dynamically engineered components present onboard aircrafts. Although for short durations, these tires are designed to withstand extremely heavy loads operating at high speeds of more than 150 miles/hour.
The global market for aircraft sensors was valued at US$ 1,653.2 Mn in 2017 and is expected to reach US$ 2,686.5 Mn by 2026 at a CAGR of 5.7% from 2018 to 2026. The demand for aircraft sensors is primarily driven by production of new aircrafts. The fleet size of passenger aircrafts in service crossed 19,000 units, with record level of deliveries in 2016 due to continuous increase in passenger traffic.
The global aircraft exterior lighting market was valued at US$ 2,387.2 Mn in 2017, expanding at a CAGR of 4.7% during the forecast period from 2018 to 2026. Aircrafts are furnished with a range of interior and exterior lights that are used for safety, direction-finding and to improve discernibility during takeoff or while taxiing on the ground.
The global air traffic control equipment market expected to expand at a CAGR of 5.8% during the forecast period from 2018 to 2026. Air traffic has grown over the last few years on the back of recovering economic conditions worldwide. Improving discretionary income has had positive impact on both corporate and leisure air travels in recent years.
The global parking management market expected to expand at a CAGR of 9.5% during the forecast period from 2018 to 2026. Steady rise in number of vehicles on road leading to increased traffic congestion has forewarned government and municipal authorities to take initiatives to control and manage traffic.
The global market for flexible packaging stood at US$ 222.30 Bn in 2017 and expected to reach US$ 317.57 Bn in 2026, expanding at a CAGR of 4.1% during the forecast period from 2018 to 2026. Asia Pacific was the largest region for flexible packaging in 2017, and also expected to be the fastest growing region during the forecast period.
Air data computers (ADC) are specifically designed to compute and measure the navigation parameters in high speed military trainers, helicopters, transport aircrafts and even unmanned aerial vehicles (UAV). The air data computer market is slated to witness strong growth worldwide during the forecast period due to the evolving concept of integrated systems within aircraft cockpit for enhancing the operational performance and reducing weight of the aircrafts. Air data computer systems have become an indispensable avionics module in modern day fighter aircraft cockpits as it provides mission critical information to the pilot during the flight regime.
The global market for agriculture sensors is expected to cross US$ 2.75 Bn by 2026 at a CAGR of 12.8% throughout the forecast period from 2018 to 2026. Countries across the world are facing challenges from rising population and their food demand. According to United Nations (UN), the global populations is expected to reach 9.7 billion by 2050 from 7.3 billion in 2015.
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.
The aerial work platforms market volume stood at 90,100 units in the year 2017 and is set to register robust growth over the forecast period. The ease of operation, mobility offered, and safety provided by aerial work platforms have made them ideal solutions for infrastructure development, maintenance and repair activities across numerous applications.
Adhesives & Sealants market was valued at USD 51,745.3 million in 2017 to USD 79,450.8 million by 2026, expected to grow at a CAGR of 4.9% between 2018 and 2026. Adhesives & Sealants find its applications in varied end-use industries such as paperboard & packaging, building & construction, woodworking, transportation, footwear & leather, healthcare, electronics, and others.
Adhesive bandages market accounted for a market value of US$ 1,895.0 Mn in 2017 and projected to grow at a CAGR of 4.8% during the forecast period from 2018 to 2026. The key factors responsible for growth of adhesive bandages globally is the rising awareness related to the acute wound protection in developing countries, and increasing awareness programmes for diabetes patients to treat acute wound efficiently with adhesive bandages.
Adhesion barriers are used for reducing internal scarring and separating the internal organs and tissues therefore avoiding organ adhesion. These products are predominantly employed in abdominal, orthopedic, reconstructive, urological and gynecological surgeries. Of the various formulations available, adhesion barriers film based products are the most widely used. As the global rate of surgical procedures is consistently increasing, the demand and uptake of adhesion barriers is also expected to rise correspondingly. Adhesion barriers are viewed as an effective tool to reduce the post-surgical complications arising from adhesion of tissues or organs, therefore reducing the risk of follow-up procedures and overall procedural cost.