Globally, the loudspeaker market is expected to grow with a CAGR of 7.0% during the forecast period from 2019 to 2027. The market is driven by the advancement in the sounds technology over the years. The speakers market has evolved significantly over the years from the multi driver audio speakers to the smart and connected speakers. This advancement in the sound technology has fueled the competition among the market players and resulted in the development of the rapidly advancing consumer electronics.
The global location intelligence market was valued at US$ 9.22 Bn in the year 2018 and expected to reach US$ 36.68 Bn by the year 2027, expanding at a CAGR of 16.7% during the forecast from 2019 to 2027. More than 80% of all data maintained by organizations around the world has a location component.
The global lithium ion battery separator market is poised to reach US$ 8.11 Bn by 2027, expanding at a CAGR of 11.3% during the forecast period from 2019 to 2027. Increasing penetration for electronic gadgets including smartphones and tablets, stringent government policies for electric vehicles, adoption of energy storage by off grid power are boosting the demand for lithium ion battery separator worldwide. However, lack of safety concern associated with polyolefin separators, chemical properties, and its quick ageing property are the major challenges being faced by the lithium ion battery separator market.
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 liquid process analyzer market was valued at US$ 1.85 Bn in 2018 and is set to grow with a CAGR of 6.0% during the forecast period from 2019 to 2027. The growth of the market is driven by the rising need to monitor and analyze the critical liquid streams to maintain the quality of the industrial process. The process of liquid analyzer instruments constantly monitor the liquid streams and assist users in enhancing the performance of the process and increase productivity. These instruments also protect the process of equipment and tools from the reparation and unprepared shutdown. Furthermore, the growing demands among the liquid process analyzers among the wastewater treatment plants.
The liquid crystal tunable filter market worldwide is expected to grow with a CAGR of 9.8% during the forecast period from 2019 to 2027, starting from 39.8 Mn in 2018. Rise in demand for tunable filters and wide application of liquid crystal tunable filters are the major growth factors for the market. Due to various benefits of these filters such as good image quality, low cost, quick tenability and controllability, liquid crystal tunable filters are being used in biomedicine, remote application and other industries.
The linear resistors market worldwide is expected to grow with a CAGR of 4.2% during the forecast period from 2019 to 2027. Linear resistors market worldwide is witnessing steady growth since the past few years with growth in electronic circuits market. The major demand for electronic circuits in consumer electrics is driving the growth for linear resistors.
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 life science instrumentation market is set to reach US$ 100,792.7 Mn by 2027 from US$ 57,185.5 Mn in 2018 showcasing moderate growth at a compounded annual growth rate (CAGR) of 6.5% during the forecast period from 2019 to 2027. Technological advancement in the life science instruments and stringent healthcare norms pertaining to food and drug manufacturing process drive the market growth for life science instrumentation techniques. Rising public health awareness and proactive government policies to curb the mortality associated with chronic diseases further propel the demand for life science instrumentation technology in the pharmaceutical and biotechnology companies.
Globally, the legal AI software market is expected to grow with a CAGR of more than 20% during the forecast period from 2019 to 2027, starting from US$ 240.0 Mn in 2017. Artificial intelligence (AI) is transforming the face of every industry including the field of law practice. Advantages of AI such as increasing accuracy, efficiencies, cost savings and speed is the major factor driving the growth of legal AI software market. AI has the ability to transform businesses and the services and products they offer.
Globally, the LED desk lamp market is expected to grow with a CAGR of 14.5% during the forecast period from 2019 to 2027, starting from US$ 4.55 Bn in 2018. The growth of the market is driven by the increasing adoption of the energy efficient lamps across the globe. Over the past decade, a rapid surge in the demand of the energy efficient lamps has been witnessed.
The learning disability treatment market is set to reach US$ 30,493.1 Mn by 2027 from US$ 17,418.0 Mn in 2018 highlighting steady growth at a compounded annual growth rate (CAGR) of 6.5% during the forecast period from 2019 to 2027. Children with learning disability have tremendous mental ability but due to irregular impulses generated by the central nervous system they suffer with altered behavior and lower cognitive skills.
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 laboratory oven market is expected to grow with a CAGR of 4.6% during the forecast period from 2019 to 2027. The laboratory ovens are majorly used across laboratories for different applications including evaporating, dehydrating, annealing, conditioning, baking, sample drying and other processes. They are majorly manufactured from stainless steel with a spray-painted surface that protects them from the rust.
Globally, the label applicator market is expected to grow with a CAGR of 5.8% during the forecast period from 2019 to 2027, starting from 2018 with a market value of US$2.50 Bn. Label applicator is a type of machine that is used to apply pressure-sensitive labels directly on to various products such as packages, containers, bottles, or drums. These machines are loaded with the rolls of labels, which are later applied to the products. The label applicators have self-adhesive labels, which can generate gum on the other side of the label that can be stick on the products with pressure.
The global knitting machines market was valued at US$ 6.79 Bn in the year 2018 and expected to reach US$ 10.84 Bn by year 2027, expanding at a CAGR of 5.3% during the forecast from 2019 to 2027. Knitting accounted for more than 30% of the total fabric production in the global textile market in the year 2018. Therefore, constant innovation in the knitting technology such as new machine designs and multi-gauge technologies has restored the textile market from global financial crash during 2007 to 2008.
The global kick scooter market is growing at a rapid pace, anticipated to grow at a CAGR of 26.3% during the projected period from 2019 to 2027, starting from US$ 470.5 Mn in 2018. The market is majorly driven by growing traffic congestion, first & last-mile transportation and health consciousness amidst millennia’s. Rising obesity and overweight concern among kids & adult people will also help in market growth.
Globally, the keylock switches market is expected to grow with a CAGR of 4.0% during the forecast period from 2019 to 2027. The keylock switches are ideally used to manage the safety of industrial environments with utmost simplicity. Factors such as increasing importance of operational efficiency, and safety of the equipment and machinery, and automation of the production equipment are driving the growth of keylock switches market.