The flake ice machine market was valued at US$ 1.77 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 important advantages of flake ice is, being thin, flake ice do not damage the delicate fish skin.
In 2024, the size of the engineering plastics market was estimated to be US $113.2 billion, and it is anticipated that the total revenue will expand at a CAGR of 6.54% from 2025 to 2033, reaching almost US $200.2 billion by 2033. Plastics used in engineering are those that have physical qualities that allow them to function effectively for extended periods of time in structural applications, across a broad temperature range, while being subjected to mechanical stress, and in challenging chemical and physical conditions.
The global endobronchial ultrasound biopsy devices market accounted for a value of US$ 492.0 Mn in 2017 and expected to attain US$ 753.6 Mn by 2026. Worldwide growing elderly population coupled with increasing prevalence of respiratory diseases such as chronic obstructive pulmonary disease (COPD), lung cancer, pleural mesothelioma, and tuberculosis (TB) anticipated to foster the market growth over the forecast period.
The global automated endoscope reprocessors market accounted for market value of US$ 364.2 Mn in 2017 and expected to attain US$ 554.4 Mn by 2026. Worldwide growing endoscopy and minimally invasive surgical procedures coupled with increasing prevalence of infectious diseases drives the overall market growth during the forecast period.
The graphical representation next best to real topography allowed digital elevation model (DEM) to register a market value of US$ 667.2 Mn in 2017. The market projected to grow and reach market value of US$ 2,106.7 Mn in 2026 with a compound annual growth rate (CAGR) of 12.2% throughout the forecast period from 2018 to 2026.
Wavelength division multiplexers (WDM) market expected to hit US$ 35.40 Bn by 2026, expanding with a promising CAGR of 11.0% during the forecast period from 2018 to 2026. Principally governed by Asia Pacific, WDM market driven by rising need for high volume of data transfer capacity. The market has been witnessing rapid growth due to constant rise in internet traffic and popularizing concept of WDM technology.
Health & wellness products market is projected to witness the CAGR of 5.9% during the forecast period. This growth can be attributed to multiple factors such as increased consumer awareness, aging population, emerging middle and affluent classes, and consumer awareness toward preventative health care. Moreover, young population in the developing economies are willing to pay premiums for health & wellness products as a result of the rising importance in physical fitness, fuelling the overall growth of the market. Health & wellness products includes broad spectrum of products from food and beverages and personal care industry.
The insomnia treatment drugs market is set to reach US$ 4,332.4 Mn by 2026 from US$ 2,689.6 Mn in 2017 highlighting balanced growth at a compound annual growth rate (CAGR) of 5.5% during the forecast period from 2018 to 2026. As per the research citing of United Nations (UN) by 2033 the geriatric population suffering with insomnia is going to rise by 56%. Insomnia is caused by factors such as stress, addiction, irregular circadian rhythm, chronic pain etc.
Infrared sensors market set to reach US$ 592.5 Mn by 2026, growing with promising CAGR of 7.5% throughout the forecasted period from 2018 to 2026. Primarily governed by Asia Pacific, infrared sensors market is highly driven by increasing usage of sensing technology in manufacturing industry.
Global Automotive Night Vision Systems (NVS) market was valued US$ 1,344.7 Mn in 2017 and set grow at CAGR of 15.0% throughout the forecast period from 2018 to 2026. Growing public awareness towards road safety reported as one of the prominent factors influencing global market for automotive night vision systems.
