The occupant classification systems market was valued at US$ 1.94 Bn in 2017 and expected to be growing at a compounded annual growth rate (CAGR) of 7.2 % from 2018 to 2026. Vehicle safety norms getting stringent by the day is one of the most important factors leading to the increasing deployment of occupant classification systems in vehicles across the world.
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.
The global construction industry is steadily recovering and rising income level is motivating people across the world to invest in luxurious apartments. Facilities available in residential complexes such as swimming pool, club house, gyms etc are influencing buyers’ decision during purchase of new home.
Floor grinding machines specifically designed to grind rough particles from surface through utilization of abrasives, bounded to form rotating wheels. These machines are usually equipped with advanced power adjustment features to handle stress required by different floor types. Global floor grinding machines market was valued at US$ 424.7 Mn in 2017 and set to grow at a CAGR of 4.1% throughout the forecast period from 2018 to 2026.
A notable rise in beverage consumption has been observed from past few years with a wide variety of beverages at the disposal of consumers. The trend of beverage consumption certainly encouraged sales of beverage dispensers allowing the market to register market value of over US$ 1 Bn.
The cell surface markers market is set to reach US$ 33,712.7 Mn by 2026 from US$ 16,586.7 Mn in 2017 showcasing progressive growth at a compound annual growth rate (CAGR) of 8.2% during the forecast period from 2018 to 2026. Technological advancements in the production of monoclonal antibodies and manufacturing of cell specific antibodies for disease diagnosis and prognosis are the major factors to drive the cell surface markers market.
Biodegradable plastics market is expected to reach US$ 185.25 Bn by 2026 with 19.3% CAGR during the forecast period from 2018 to 2026. In 2017, Europe led the biodegradable plastics market and Asia Pacific is estimated to be the fastest growing region between 2018 and 2026.
Aluminum pigment market is expected to reach US$ 735.7 Mn by 2026 with 6.2% CAGR during the forecast period from 2018 to 2026. In 2017, Asia Pacific led the aluminum pigment market and North America is estimated to be the fastest growing region between 2018 and 2026.
Building thermal insulation market was totaled 26,167.7 kilo ton in 2017 and expected to grow at a CAGR of 4.6% from 2018 to 2026. Factors such as surge in demand for insulation from residential and non-residential application coupled with rising regulation for energy saving and efficiency fuelling the market growth during the forecast period from 2018 to 2026.
The global automotive seat heaters market was valued at US$ 876.6 Mn in 2017 and expected to expand at a CAGR of 5.8% during the forecast period from 2018 to 2026. Steady rise in the production of motor vehicles on the back of improving standard of living and easy availability of financing schemes is identified as the major factor driving demand for automotive accessories including seat heaters worldwide.
