The global smoke detector market is poised to reach US$ 3.01 Bn by 2027, expanding at a CAGR of 9.0% during the forecast period from 2019 to 2027. Increasing safety concerns for residential and commercial buildings and mounting penetration towards smart homes are perpetually growing the demand for smoke detectors. In addition, the integration of smoke detectors with digitization like IoT and AI are identified as the major factors driving demand for smoke detectors worldwide.

The smartphones antenna market worldwide is expected to grow with a CAGR of 7.6% during the forecast period from 2019 to 2027. Growing mobile phone subscribers is one of the major growth factors for smartphones antenna market. Increased features and massive technological advancements in smartphones are the other growth factors for the market. The antenna in mobile phones expressively progresses the performance of smartphones and offers numerous features such as NFC, in-built GPS and others. Growing demand for telecommunication equipment may also fuel demand for smartphones antenna market.

Globally, the smartphone sensors market is expected to grow with a CAGR of 5.60% during the forecast period from 2019 to 2027 and had registered a market value of US$ 50.55 Bn in 2018. Smartphones sensors are defined as the sensing device which are integrated in smart phones for collecting data based on different parameters and application with the help applications installed with a smartphones. Some of the common smartphone sensors are light sensors etc, image sensors, accelometer and others. The increasing demand of smartphones among the users is one of the major factor which is driving the smartphone sensors market.

Globally, the smartphone market is expected to grow with a CAGR of 8.30% during the forecast period from 2019 to 2027 and had registered a market value of US$ 260.60 Bn in 2018. Smartphones are a type of mobile phone which allows the individuals to make calls, send texts, run software similar to computers, browse the internet and other additional features. These devices are handy and can be carried easily.

The global smart transformers market is growing proficiently, projected to grow at a CAGR of 14.9% during the expected period from 2019 to 2027, starting from US$ 1.86 Bn in 2018. In view of raising the regional electrification index the ongoing preferences for the replacement of existing grid infrastructure is anticipated to fuel the global smart transformers market globally. 

The global smart sensors market was valued at US$ 34.61 Bn in 2018 and is projected to witness remarkable growth, expanding at a CAGR of 15.8% during the forecast period from 2019 to 2027. Sensors play a vital role in modern technology, particularly with the advent of the internet of things (IoT), the demand and adoption of these has increased significantly. From inertial celestial navigation solutions in mobile phones and smart wearable solutions for health monitoring to autonomous driving, demand for sensors has been growing at a rapid pace.

The global smart plantation management systems market is growing competently, expected to grow at a CAGR of 9.0% during the estimated period from 2019 to 2027, starting from US$ 1.26 Bn in 2018. Rising adoption towards new technologies like cloud computing and the internet of things (IoT) coupled with the introduction of the robotic system. Technological development like the use of electronic systems and data transmission introduced essential changes to the agricultural working environment in recent years.

The global smart packaging market is growing competently, expected to grow at a CAGR of 8.3% during the estimated period from 2019 to 2027, starting from US$ 6.87 Bn in 2018. Smart packaging technology is a growing industry with enormous prospective. Despite the fact, very few companies have ventured to take steps towards application of smart packaging in security, logistics, and marketing, thereby indicating active and intelligent packaging to become part of the industry in the coming years.

Smart materials are new generation materials that possess smarter conventional and structural properties than conventional materials. Smart materials has the ability to change their physical properties in response to specific stimulus input. The adaptive capabilities to external stimuli, like loads or environment, with inherent intelligence.

The global smart glass/mirror in automotive market value was at US$ 1,159.3 Mn in the year 2018 and projected to reach US$ 2,752.0 Mn by 2027, witnessing a CAGR of 10.2% during the forecast from 2019 to 2027. Smart mirror is among those futuristic technologies that have paved its way into the world of intelligent automobiles through integration with computer-aided information service.

Globally, the smart factory market is expected to grow with a CAGR of 9.5% during the forecast period from 2019 to 2027. The growth of the market is driven by the increasing digitalization across the manufacturing facilities. The overall manufacturing industry is going through a phase of digital disruption over the past decade due to the increasing competition among and advancement in globalization. The market dynamics are changing and the demand for customized products are increasing.

The fabrics that have digital and electronics components entrenched in them are referred as E-textiles or electronic textiles or smart fabrics. These fabrics have the ability to recognize and sense stimuli from the surroundings and adapt & respond to those stimuli in a pre-programmed way. Their capability to grow, correspond, transform, and even conduct energy makes them different from the normal textiles, thus adding worth to the wearer.

The smart classroom market worldwide is expected to grow with a CAGR of 18.0% during the forecast period from 2019 to 2027 starting from USD 60 Bn in 2018. Ease of teaching and increased effectiveness is a key driver of the smart classroom market. The modern format of classrooms is assimilated with learning technologies like computers, specialized software, audience response technology, assistive listening, audio/ visual capabilities. These are also known as smart classrooms and offer a better learning experience.

In 2018, the global smart baggage handling systems market was valued at US$ 1.20 Bn and is expected to grow at a CAGR of 13.6% during the forecast period from 2019 to 2027. Rising travel & tourism industry and modernization of existing airports & railway stations are driving growth for the smart baggage handling systems market worldwide. To handle huge amount of cargo and passenger baggage traffic, the demand for smart baggage handling systems is increasing. Consequently, we are expecting the smart baggage handling system market to show robust growth throughout the forecast period.

Globally, the smart airport market is expected to grow with a CAGR of 11.50% during the forecast period from 2019 to 2027 and had registered a market value of US$ 13.20 Bn by 2018. The smart, airport gathers various technologies with the help of Internet of Things (IoT), with an objective of tactically differentiating an airport, while offering improved traveler experience, and providing various benefits with efficiencies and new revenue streams.

Advancement in space and technological fields have propelled the satellite manufacturing companies to develop more compact and efficient satellites. With growing application of small satellites in earth observation, IoT and remote sensing or communication has disrupted the space economy for better. With number of connected devices expected to cross 22 Bn mark in coming years, space-based IoT is one of the promising business segments offered by small satellites.

The global small cell satellite backhaul market value surged from US$ 9.59 Mn in the year 2018 to US$ 14.04 Mn in 2027, with a CAGR of 4.3% during the forecast from 2019 to 2027. Robust growth in data traffic within past few years has perturbed mobile operators to epouse new means of communication network.

The global sludge treatment chemicals market is growing proficiently, projected to grow at a CAGR of 5.1% during the expected period from 2019 to 2027, starting from US$ 6.21 Bn in 2018.

The global skincare diagnostic & treatment devices market is increasing competently, projected to grow at a CAGR of 10.2%. Worldwide, growing skin diagnostic procedures along with minimally invasive treatment have significantly increased devices. Innovative product launches in the skincare industry, a high pool of individuals with numerous skin conditions and demand for skin rejuvenation are factors driving the overall growth of the skincare diagnostic & treatment devices market globally.

The rapid development in the integration of the semiconductor industry has a high demand for silicon wafer, as a basic material for producing ICs. The exponential growth of consumer electronics products such as smartphones, tablets, and smart wearable are the end products where ICs are assembled. This industry has kept the demand high for silicon wafers. A silicon wafer is a thin slice of crystalline silicon that is majorly used in our electronics products. Its natural abundance and semiconductor properties like neither too strong conductor and nor strong insulator of electricity made it the preferred choice of the semiconductor industry; compare to its competitor semiconductors like germanium for making wafers.