The mobile point of sales (mPOS) terminal market is expected to grow at a CAGR of 18.5 during the forecast period of 2025 to 2033. The term "mobile point of sale" (mPOS) refers to a portable system that can be loaded on mobile devices like smartphones and tablets to make the payment process easier. Because businesses just need to install mobile POS software on their portable devices like tablets or smartphones, mobile point-of-sale systems enable merchants to service their clients regardless of where they happen to be located. mPOS has swiftly emerged as a critical tool that enables shops of all sizes to accept card payments.
Favorable government regulations promoting tightened web security has been one of the major factors driving the adoption of web content filtering solutions among end-users. In addition, growing desire to better manage the network bandwidth consumption and defy cyber threats have further fueled market momentum. These factors are expected to contribute towards a compounded annual growth rate (CAGR) of 13.9% during the forecast period 2025 – 2033.
The point of Sale (POS) terminal market is expected to grow at a CAGR of 11.5% during the forecast period of 2025 to 2033. Nearly 40% of the worldwide payments industry's revenue comes from POS terminal systems. The market for point-of-sale terminals is expanding at a rapid rate due to a number of factors, one of which is an increase in the adoption of wireless payment systems by retailers. Another factor is the surge in access to various kinds of payment modes, such as Visa (EMV) cards, EuroPay, and MasterCards.
The market for intelligent transportation systems and services is growing steadily with rising need to reduce traffic congestions particularly in metropolitan cities across the world. In addition, intelligent transportation systems offer benefits such reduced fuel consumption, travelling delays and environment protection. Rising awareness about the benefits of this technology is expected to spur the demand for ITSS particularly in emerging markets.
With the advancements in wireless technology, the land mobile radio systems market is set to witness steady growth in the next few years. The growing need for seamless interoperable communication in mission critical as well as commercial applications is identified as the major factor driving the land mobile radio systems market. The land mobile radio industry has been witnessing a shift in paradigm from analog to digital communication systems.
The market for electric motors market is expected to see a significant growth throughout the forecast period 2015 – 2025 with rising demand for energy efficient electric motors driven systems (EDMS). Countries across the world are focusing on to reduce electricity consumption and introducing mandatory policies to use energy efficient electric motors and electric motor driven systems. In addition, rising production of motor vehicles and HVAC equipment represents a positive outlook for electric motor manufacturers and distributors.
Growing demand for avionics in military aviation and rising adoption of HUDs in civil and commercial aircraft has collectively spurred the demand for head-up displays in the aviation segment. In addition, escalating demand from automotive sector has further fueled market momentum. Strong growth in the premium and luxury car segment has provided the much needed impetus to the market growth.
The enhanced oil recovery (EOR) market involves techniques used to increase the amount of crude oil that can be extracted from an oil field. Typically applied to aging oil fields, EOR employs various methods to extend the field's productive life by improving the extraction efficiency beyond what traditional pumping achieves. The primary techniques used in EOR include chemical injection, thermal recovery, and gas injection, each aimed at lowering the oil's viscosity or altering the reservoir's properties to enhance oil flow to the production wells. The enhanced oil recovery market is projected to grow at a compound annual growth rate (CAGR) of 4.5%.
With advancements in technology, printed electronics have become more flexible, secure, and cost effective, all of which have made their application attractive across wide range of end-use industries. Printed electronics have the ability to reduce cost and technical limitations, especially those associated with mass production of electronics. Printed electronics also need less input materials and energy to work, thereby benefitting device manufacturers across different verticals.
Fly ash is a type of pozzolan formed by the burning of pulverised coal. The fly ash is a fine amorphous powder, rich in alumina and silica generated through separation methods such as electrostatic, mechanical etc. The fly ash is a predominant material in the construction industry and used as an admixture. The quality and properties of fly ash varies depending upon the nature of coal and coal combustion processes.
