Human race is facing a monstrous issue of water scarcity and water treatment plant is one of the few ways out of this calamity humans have brought onto themselves. Setting up water treatment plants allow some amount of wastewater to be used again for essential and lifesaving application.
The global Digital Transaction Management Market is growing competently, projected to grow at a CAGR of 20.5% during the expected period from 2025 to 2033, starting from US$ 6.21 Bn in 2021.
Across the world, deep brain stimulation (DBS) is being used for treating pain and movement disorders such as tremors and Parkinson’s disease. Some other recognized conditions for deep brain stimulation include epilepsy, obsessive compulsive disorders and dystonia.
Water being the most vital and rapidly shrinking resource on earth, equipment required to test water quality experiencing a consistent growth registering a market value of US$ 3.38 Bn in 2017. The market projected to touch US$ 5.60 Bn marks in 2026 growing with a growth rate of 5.8% throughout the forecast period from 2018 to 2026.
In the U.S. the prevalence of pressure ulcers in intensive care units ranges from 16.6% to 20.7%. It is also reported that annually US$ 11 billion is spent on the treatment of pressure ulcers, with US$ 500 to US$ 70,000 spent on a single wound. In spite of availability of better assessment tools, new CMS ruling eliminating hospital reimbursement when stage 3 or 4 pressure ulcer is hospital acquired and emergence of new technologies to reduce pressure ulcers, the condition remains a significant healthcare problem.
The athletic footwear market is expected to grow at a CAGR of 5% during the forecast period of 2025 to 2033. It encompasses a wide range of footwear designed specifically for sports and physical activities. One of the primary drivers of the athletic footwear market is the increasing awareness of health and fitness among individuals worldwide. With the rising prevalence of lifestyle-related diseases such as obesity and diabetes, people are becoming more conscious of the importance of regular physical activity.
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 global air traffic control equipment market expected to expand at a CAGR of 5.8% during the forecast period from 2018 to 2026. Air traffic has grown over the last few years on the back of recovering economic conditions worldwide. Improving discretionary income has had positive impact on both corporate and leisure air travels in recent years.
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.