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 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 global poultry feed market size was valued at USD 160 billion in 2018, growing at a CAGR of 4.3% over the forecast period. The poultry sector is one of the fastest-growing sectors owing to the increase in poultry meat consumption. Increasing the productivity of poultry is grave to feeding the rising global population. However, rising feed prices are substitutes as a restraint to the poultry feed market.
The Flavored yogurt market is expected to grow at a CAGR of 6.2% during the forecast period from 2019 to 2027, starting from US$ 59.3 Bn in 2018. Growing awareness of the health benefits associated with yogurt, increase in demand for flavored yogurt in the developing countries, in addition to innovation in the flavor and taste of yogurt supports the growth of the global flavored yogurt market.
The sensitive toothpaste market is expected to grow at a CAGR of 5.2% during the forecast period from 2019 to 2027, starting from US$ 836.52 Mn in 2018. Rising demand for organic and natural products for oral care supports the growth of the market. In addition, a surge in awareness for personal and dental hygiene increases the demand for sensitive toothpaste market globally.
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.
An oil spill is the accidental release of a liquid petroleum hydrocarbon into the marine ecosystem, polluting the overall ecological balance of the environment. Oil spill control measures act to decrease and limit oil spills, as well as limit their spreading in the environment. Oil spill management is the utilization of technologies to prevent oil spills. It includes clean-up strategies post spilling to reduce the leakage, and implementing techniques to minimize waste and the devastating ecological effect of the spilled oil. Exploration and production, refining and marketing, and chemicals are the main industries that require oil spill management.
Robotic process automation (RPA) is the use of software bots to automate highly repetitive, routine tasks normally performed by knowledge workers. Automating repetitive tasks saves time and money. Robotic process automation bots expand the value of an automation platform by completing tasks faster, allowing employees to perform higher-value work. It helps in carrying out high-volume and repetitive tasks that take a lot of time for humans to accomplish, and which are typically monotonous to perform in the robotic process automation market.
The linseed oil market is expected to grow at a CAGR of 3.2% during the forecast period from 2019 to 2027, starting from US$ 766.82 Mn in 2018. The popularity of flaxseed is increasing due to its properties such as low saturated fat food constituents that aim to prevent and helps in the treatment of cardiovascular diseases.
The global polychlorotrifluoroethylene market accounted for US$ 520.4 Mn in 2018 and is anticipated to grow to US$ 719.4 Mn expanding at a CAGR of 4.2% during the forecast period from 2019 to 2027. The increasing penetration of PCTFE products in various end-use industries including aerospace, and electrical & electronics among others for manufacturing of plugs, valve seats, and diaphragms among others are proliferating the demand of global polychlorotrifluoroethylene market.
