Globally, the home console market is expected to grow with a CAGR of 4.2% during the forecast period from 2019 to 2027. The growth of the market is driven by increasing technological advancement in the gaming consoles. The integration of the advance audio visual systems has led to the development of myriad new avenues for the growth of the consoles market.

The home beer brewing machines market worldwide is likely to grow with a CAGR of 14.3% throughout the forecast period from 2019 to 2027, starting from US$ 11.4 Mn in 2018. Penetration of craft beer, homemade beer and growing beer consumption worldwide are the major growth factors for home beer brewing machines market. In 2018, the global beer consumption stood at around 186 Mn kiloliters. Growing trend of house parties and increasing demand for fresh beer among youngsters are some other major growth factors for the home beer brewing machines market.

Globally, the hitter based hand tools market is expected to grow with a CAGR of 5.5% during the forecast period from 2019 to 2027. Hand tools are those that require manual efforts when being handled rather than using some energy or motor. These tools are largely used in household as well as industrial applications. Furthermore, people across the globe are moving towards doing things on their own, since the emergence of the concept of DIY (do-it-yourself).

Globally, the high frequency line traps market is projected to grow with a CAGR of over 7.0% during the forecast period from 2019 to 2027. High frequency line trap is a parallel resonant circuit which requires minimum or negligible maintenance. These line traps are fixed inline on high-voltage AC communication power lines that helps avert the transmission of carrier signals with high frequency to undesirable directions.

Globally, the HID ballast market is expected to decline with a CAGR of -8.2% during the forecast period from 2019 to 2027, starting from US$ 9.05 Bn in 2018. The supportive government policies and initiatives related to restricting the use of inefficient lamps is the primary force inhibiting the growth of the HID ballast market. The governments across the globe are constantly working towards optimizing the use of energy resources and promoting the use of energy efficient technologies.

The global HbA1c testing devices market is growing at a significant rate, expected to grow at a CAGR of 10.1%. Worldwide, the increasing incidences of diabetes and other lifestyle diseases will drive the market growth globally. As per the data by International Diabetes Federation, in 2019, more than 430 Mn people were reported to have diabetes, i.e. 9.3% of the world’s population. The rate is going to increase by 10.3% by 2030 and 10.9% by 2045, i.e. around 700 Mn.

The global heat pumps market is rising proficiently, anticipated to grow at a CAGR of 7.9% throughout the estimated period from 2019 to 2027, starting from US$ 50.25 Bn in 2018. Increased government regulations and support for co2 emissions in the form of incentives, subsidies and others will drive the market for heat pumps. For instance, in 2018, China National Petroleum Corporation contracts with Cheniere Energy for 25 years to purchase 1.2 Mn tons LNG annually.

The healthcare e-commerce market worldwide is expected to grow with a CAGR of 17.6% during the forecast period from 2019 to 2027. Global e-commerce market registered a staggering revenue of more than US$ 2.8 Tn sales which is around 15 percent of the overall retail sales. With e-commerce gaining huge momentum across other segments such as electronics and apparels, market players are now increasingly focusing on healthcare segment as their next big business. Rise in internet penetration, greater range of products & services offered and convenience is giving boost to the e-commerce industry. Due to lower prices, free home delivery and other benefits, customers prefer to buy their healthcare needs online.

The headlight control module market worldwide is expected to grow with a CAGR of 4.2% during the forecast period from 2019 to 2027, starting from US$ 3.44 Bn in 2018. Headlight control module for the high beam adaptation during the night vision applies an embedded design approach. In October 2018, Hella launched a smart headlight technology research project for the efficient development of the intelligent headlamps. Project aims towards developing the intelligent headlamp which not only identifies probable changes in the performance at a very early stage but is also very much capable of reimbursing for them.

Globally, the hardware security module (HSM) market is expected to grow with a CAGR of 13.30% during the forecast period from 2019 to 2027 and had registered a market value of US$ 725.0 Mn by 2018. A hardware security module (HSM) is defined as a dedicated crypto processor, which is designed for a secure crypto key lifecycle. Hardware security modules protect the cryptographic infrastructure of various organizations globally by managing and processing the data securely, tamper-resistant devices and also stores cryptographic keys inside a hardened.

Globally, the hardware as a service (HaaS) market is expected to grow with a CAGR of 25.2% during the forecast period from 2019 to 2027. The market is driven by the growing need among growing demand among the organizations to reduce the cost of operation and gain operational efficiency. As the competition among the market players is increasing and the profit margins are getting narrower, organizations are shifting from CAPEX model to OPEX model to reduce the cost of operation.

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The global haptic holography market was valued at US$ 253.5 Mn in the year 2018 and expected to reach US$ 4,678.4 Mn by the year 2027, expanding at a CAGR of 38.5% during the forecast from 2019 to 2027. As humans are moving towards the more digitalized world, technologies to blend the virtual world with physical world is an utilitarian application. Haptic holography is one of them, with capabilities to transform the business in an unimagined way. Furthermore, the global haptic holography market is a novelty market and projected to gain momentum during the forecast period.

The Ground power unit (GPU) market worldwide is expected to grow with a CAGR of 4.7% during the forecast period from 2019 to 2027, starting from US$ 7.63 Bn in 2018. Ground Power Unit also abbreviated as GPU is an immovable power supply for aircraft parked on the ground or a powered vehicle. A GPU may refer to a specific power supply, battery power supply, or a combination of both. Power sources might be an airport-based dedicated generator or central station.

The global grid-scale battery market is growing competently, expected to grow at a CAGR of 22.0% during the estimated period from 2019 to 2027, starting from US$ 2.22 Bn in 2018. Grid-scale battery storage systems will play a vital role in aiding the next stage energy transition towards renewable systems. The battery storage systems offer grid services like regulation reserves, frequency response, and ramp rate control.

The popularity and implementation of the green-roof concept is gaining traction around the globe as it helps in lowering the temperature on roofs, thereby decreasing the ambient temperature. This is achieved by growing plants on rooftops that help absorb the radiation from the sun and reduce the urban heat island effect.

Grease is a form of semisolid lubricant typically containing vegetable or mineral oil blended soap. Grease is a by-product from the dispersal of a liquid lubricant thickening agent. Depending upon the type of thickener, type of base oil, and the additive technology used, the grease properties differ.

The global graphene electronics market was valued at US$ 994.18 Mn in 2018 and is projected to witness remarkable growth, expanding at a CAGR of 17.3% during the forecast period from 2019 to 2027. The future of electronics is majorly dependent on flexible devices that are bendable, stretchable, foldable, wearable and transparent. Sooner, presently used rigid devices are likely to be substituted with the convenient, durable and light-weight flexible displays, circuits and storage devices.

The global graph database market is poised to reach US$ 4,603.4 Mn by 2027, expanding at a CAGR of 24.3% over the forecast period from 2019 to 2027. Penetration of Internet of Things (IoT) and Artificial Intelligence (AI) has prominently triggered the volume of data generation per year turning their analysis into more complex process. As per ‘World Economic Forum’ total data generation will reach nearly 463 Exabyte (10006 bytes) by the year 2025.

Modular robotic systems are self-configurable modular robots or self-configuring robotic units that can reconfigure themselves to adapt to the changing environment. These robots are capable of performing different functions or roles such as designing, controlling, fabricating and motion controlling on the basis of their different shapes. Modular robotics uses 3D patterned lattice architecture for assembling various components of the robot.