The wind turbine rotor blades market is expected to reach US$ 45.67 Bn in 2027, growing at a CAGR of 12.64% during the forecast period from 2019 to 2027. The rising threat of climate change and global warming has pushed the energy sector for transition towards renewable sources. UN’s Paris climate agreement of 2016 further conveyed the message of unified global effort to enhance the support through financing and technology development.
Wind energy is one of the cheapest forms of energy source. Depletion of conventional energy sources and their ill effects are causing serious problem to environment. Countries of the world are reducing their over-dependence on fossil fuel and shifting towards renewable energy sources like wind. In the long run, wind energy will help to reduce CO2 emission, a gas responsible for depleting ozone layer and thereby climate change. Commitment of countries of the world to increase their share in renewable energy and financial aid from governments has helped to grow the market in 2018.
The WiFi Chipset market worldwide is expected to grow at a CAGR of 5.14% during the forecast period from 2019 to 2027, starting from US$ 16.34 Bn in 2018. The demand for WiFi Chipset is increasing rapidly owing to rising consumer electronics worldwide. The multipurpose use of WiFi Chipset in various smart devices such as smartphones, air-conditioners, washing machines and others has driven the penetration of WiFi Chipsets worldwide.
The Wi-Fi home gateway market worldwide is expected to grow with a CAGR of 14.6% during the forecast period from 2019 to 2027. Growing penetration of smart devices worldwide is one of the major growth factor of Wi-Fi home gateway market. Wi-Fi home gateway is a combination of router and modem and have wide application such as for entertainment, at home, at office and others. Growing internet penetration, rising disposable income and technological advancement in consumer electronics devices are some of the other major factors for the growth of Wi- Fi home gateway market.
Personal mobility devices refers to any assistive device that facilitates individual human transportation. Although many such devices are used by people with disability or mobility restrictions, mobility aids can be employed generally. Increasing geriatric population and rising prevalence of target bone diseases such as arthritis and osteoporosis among the aged population are major factors driving the market growth during the forecast period.
Hydrogen sulphide (H2S) is found in extracted crude oil from geological sources. In the atmospheric distillation along with lighter hydrocarbons, hydrogen sulphide is separated from rest of the oil. In the amine treatment unit H2S is separated from hydrocarbons and fed to sulphur recovery unit (SRU) for extracting sulphur. With the use of multiple conversion reactor, generally up to 97% of H2S to elemental sulphur is achievable.
A plasticizer is a substance, which added to a material usually a plastic, resin or elastomer, to improve its processability, flexibility and stretchability. Plasticizers is a versatile product providing unique contributions in widely varying applications. Plasticizer can decrease melt viscosity, glass transition temperature and elasticity without changing the basic properties of plasticized material.
The global zero waste packaging market is rising immensely, anticipated to expand at a CAGR of 10.8% throughout the estimated period from 2019 to 2027, starting from US$ 1,496.7 Mn in 2018. The global zero waste packaging market is majorly driven by the surge in the need for sustainable and biodegradable packaging solutions worldwide. The surge in the plastic waste generation coupled with growing environmental concerns across the globe are some of the major factors projected to enhance the global market demand during the forecast period.
The global wound irrigation systems market is growing proficiently, expected to grow at a CAGR of 3.8%. Globally, the increasing commonness of chronic wounds with respect to the rising prevalence of diabetes, foot ulcers, pressure ulcers, surgical infection, traumatic wound, and others will drive the overall growth of the market. Adoption of battery-operated wound irrigation systems in the end-user segment is becoming popular due to its ease of operation, convenience, and enhanced safety with maximum output will contribute a significant revenue share.
The global white coffee market is growing significantly, expected to grow at a CAGR of 12.3% throughout the projected period from 2019 to 2027, starting from US$ 4 -5 Bn in 2018. The global white coffee market volume is rising substantially, projected to expand with a CAGR of 7.9% during the forecast period from 2019 to 2027, starting from around 4,00, 000- 4,50,000 metric tons in 2018. The global white coffee market is growing rapidly due to rising health consciousness among people and increasing coffee consumption worldwide.
The mounting focus on environmental sustainability has influenced the use of white cement across the globe. The growing use of white cement due to its heat-reflecting properties and beautiful appearance of artwork are driving the global white cement market in recent years. Moreover, white cement is currently an ideal choice for architectural works due to freedom of choice of colors, textures, shapes, sizes, and patterns to accommodate a multitude of applications that takes their artistic expression to a higher level.
The web content management market is expected to grow at a CAGR of 17.5% during the forecast period from 2019 to 2027, starting from US$ 8 Bn in 2018. Increasing penetration of customers towards using learning content management systems (LCMS) offers worthwhile growth opportunities for web content management market providers. Students are becoming more inclined towards using online courses from anywhere in the globe.
The global wealth management software market was valued at US$ 2.20 Bn in 2018 and is expected to witness significant growth, expanding at a CAGR of 12.3% during the forecast period from 2019 to 2027. Wealth management is changing at a rapid pace. Numerous forces from ever-changing client expectations and advanced technologies to rise of disruptive operational models and the market encroachment of eccentric foes are restructuring the playing field.
The global water-soluble packaging market is growing competently, expected to grow at a CAGR of 4.8% during the estimated period from 2019 to 2027, starting from US$ 2.3 Bn in 2018. The plastic used for packaging products is a considered as loss for the economy only after a single-use. According to the report of World Economic Forum 2016, 95% of the plastic used in packaging material, values for about $80-$120 billion annually is considered as waste for an economy only after one-time use.
Globally, the water softening system market is expected to grow with a CAGR of more than 7.5% during the forecast period from 2019 to 2027, starting from US$ 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 water sink market is expected to grow with a CAGR of 2.5% during the forecast period from 2019 to 2027, starting from US$ 41.60 Bn in 2018. Water sinks or skinner, washbasin or hand basin are designed for wash hand and another purpose. They have different size and shape with attached taps to supply the water. The water skins are commonly used stainless steel, plastic, concrete and marble materials in the manufacturing. The rapidly growing demand for water skins in the commercial sector drives the growth of water sink market worldwide.
The global waste management equipment market is expected to grow at a CAGR of 4.0% during the estimated period from 2019 to 2027, starting from US$ 11.4 Bn in 2018. Waste management is a major problem that world is facing irrespective of developed or developing economy. Increasing population led to tremendous degradation with respect to waste thereby requires various waste management systems. Additionally, as per the recent survey conducted by World Bank suggests that, about 1.3 billion tons of waste is being generated globally.
The global warehouse management systems market was stood at US$ 3.41 Bn in the year 2018 and expected to reach US$ 12.53 Bn by the year 2027, expanding at a CAGR of 15.6% during the forecast from 2019 to 2027. Increasing complexity in the supply chain has stressed distribution management. Furthermore, volatility in demand and supply along with ever-changing consumer preference has significantly affected the warehouse operations.
Globally, the Wall Decor market is expected to grow with a CAGR of 3.8% during the forecast period from 2019 to 2027, starting from US$ 51.25 Bn in 2018. The decor industry is undergoing several changes from the past few decades. The rapidly changing trends of the interiors across the showrooms, malls, offices, and industries are showing tremendous opportunities in the market. The promptly changing lifestyles of individuals across the globe is the key factor that drives the growth of wall decor market.
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.