The fiber to the home (FTTH) market is expected to grow at a CAGR of 13.5% during the forecast period of 2025 to 2033. Fiber to the home (FTTH) includes installation of fiber optic cables directly to an individual building to provide unprecedented high-speed internet access. FTTH market has gained enormous growth in the recent years considering increasing demand for high speed internet. Another major factor driving the market growth is increasing number of internet subscribers worldwide. Lower energy consumption and sustainable architecture of FTTH too have positively contributed to the overall market growth.
Demand for automotive diagnostic scan tools is expected to witness strong growth due to increasing electrification of vehicles worldwide. Automotive diagnostic scan tools are combination of electronic devices and software that are used as interface with diagnostic systems in vehicles. These tools are used for identifying faults or malfunctions in electric systems of vehicles by simply plugging cable into a diagnostic connector and running full scan.
Evaporative air cooler is an economical and pollutant free replacement over traditional air conditioning systems. Increasing demand for low cost, energy efficient and environment friendly alternative for cooling makes evaporative air coolers market promising. Growing awareness regarding environment preservation, in terms of eliminating air and water pollutants (e.g. oil, refrigerants etc.) is expected to continue driving the evaporative air conditioner market growth in coming years.
Protection of data from various disasters has become a crucial practice over the period. Disaster recovery as a service (DRaaS) helps securing business/organizational data from any losses occurring from natural or human failure.
Global biologics market accounted for market value of US$ 254.9 Bn in 2017 and expected to attain US$ 580.5 Bn by 2026. Recombinant therapeutic proteins contributed largest market share in 2017 while cellular and gene therapies exhibited fastest annual growth during the forecast period from 2018 to 2026.
Automotive wipers market was valued at US$ 4,365.2 Mn in 2021. Automotive wipers form a quintessential part for any vehicle. They perform the important function of removing water, dirt, and snow from the windshield of a vehicle. Usually, an automotive wiper is powered either by an electric motor or is pneumatically powered. One of the most important factors driving the automotive wipers market is the continued production of automobiles across the globe coupled with higher demand in the aftermarket segment.
Power battery management systems are electronic devices used to monitor and control charging and discharging of a rechargeable battery. Power battery management systems protects and manages the cells in the battery pack. Government initiatives in form of subsidies and tax exemptions have encouraged adoption of electric vehicles. Growing need for managing batteries in hybrid electric vehicles is identified as the major factor driving the global power battery management systems market.
The vertebral compression fracture repair devices market is set to reach US$ 4,876.1 Mn by 2029, expanding at a compound annual growth rate of 8.25%. As per the research citing of the International Osteoporosis Foundation 2019 report, osteoporosis is responsible for at least 8. 9 million vertebral fractures annually, which accounts to an osteoporotic fracture at every 3 seconds. Osteoporosis is predominant in the female population affecting approximately 200 million women worldwide and found mostly in elderly population. If not addressed appropriately, vertebral fracture is responsible for morbidity in the geriatric population.
The global smart transformers market is growing proficiently, projected to grow at a CAGR of 14.9% during the expected period from 2025 to 2033, starting from US$ 15.1 Bn in 2020.
The global seborrheic keratosis (SK) treatment expected to reach US$ 1,320.8 Mn by 2026. Growing preference for cosmetic and aesthetic quotient and high prevalence of seborrheic keratosis are observed to be the key factors driving the seborrheic keratosis treatment market. This market is further characterized by the presence of a multitude of players operating in various treatment modules such as laser, cryosurgery, surgical removal etc. In addition, with promising topical candidates in the pipeline, the seborrheic keratosis treatment market will witness a boost in future growth.
