The automotive refinish coatings market is anticipated to grow at a CAGR of 7% during the forecast period 2025-2033. Automobiles must be fixed periodically to improve their appearance and recover from damages caused by environmental elements such as severe temperature, stones, and collisions.
The construction industry is heavily dependent on right tools and one of the major tool is a pile driver. A pile driver is a device that drives piles (poles) into the ground to add support to a foundation or a structure. The simplest method to drive a pile is to put a guided weight on the pile, due to pile self-weight and guided weight it is driven down.
The concept of directional drilling involves drilling wells at multiple angels (including vertical drilling), to reach the reserves. In Oil & Gas sector, directional drilling including HDD has advanced technologically in terms of drilling multiple holes. Today, a single vertical hole is drilled up to a certain depth and from there the drill bits can be taken in multiple angular direction that runs parallel to the ground. This directional drilling helps in reducing environment impact which was high in case of multiple puncturing.
The global voice recognition market has been witnessing an incremental growth over the last few years and is poised to register steady gains during the forecast period 2018 - 2026. The global voice recognition market is expected to witness a growth of 14.5% CAGR during the forecast from 2018 to 2026. The anticipated growth can be majorly credited to increasing number of fraudulent activities, especially in the BFSI industry, and growing adoption of biometric sensor technologies across different end-use industries. The voice recognition market is also estimated to grow with rising demand for smart home concept.
The global threat intelligence market is expected to witness a growth of 17.2% CAGR during the forecast period 2018 – 2026. Threat intelligence has become an integral part of businesses due to ever-changing dynamics and technology landscape across the globe. In view of rising incidences of threat breaches and cyber-crimes, the adoption of threat intelligence solutions has surged over the last few years. In addition, rise in the adoption of cloud-based solutions and Internet of Things (IoT)-enabled devices is supporting demand for threat intelligence amongst several end-use sectors including government, healthcare, military, and BFSI among others.
SAn extensive portfolio of vaccines and constant rising demand has rendered the vaccine contract manufacturing market to be highly competitive with vast presence of key players across geographies. Along with safety and effectiveness of vaccines, flooding the market with one’s product clutches equal importance. In order to cater to the rising demand for vaccines and maintaining uniform quality, leading industrial players tend to outsource manufacturing of vaccines to third parties to expedite market entry.
Smart fleet management market is projected to expand at a CAGR of 10% between 2025 and 2033. Smart fleet management systems allow fleet operators to track vehicles remotely using the GPS technology that helps in coordinating, managing, and simplifying transport/freight related activities. Smart fleet management systems simplify transport related activities and helps in minimizing the overall transportation costs through cost effective and optimum utilization of available resources. Managing fleet of vehicles is a challenging task, especially with respect to concerns regarding safety of passengers and drivers.
The retinol (vitamin A) market is set to grow at a steady pace with a compounded annual growth rate (CAGR) of 4.8% during the forecast period from 2025 to 2033. Retinol is enlisted in the World Health Organization (WHO) list of essential medicines. It is very useful in maintaining healthy eyesight, skin and immune system. A three pronged approach is used to treat vitamin A deficiency.
Parental Control Software Market Is Projected to Expand At A CAGR Of 12.5% Between 2025 And 2033. Parental control software is gaining prevalence among parents due to evolving digital habits of consumers and penetration of the internet and mobile devices including computers and smartphones. Parental control software is a content filtering software which is designed to allow parents monitor and control their children’s internet activity.
Global Driver Monitoring Systems (DMS) market was valued US$ 7,714.3 Mn in 2020 and set grow at CAGR of 16.4% throughout the forecast period from 2021 to 2029. Increasing demand for driver’s safety tools is pointed as the most prominent factor influencing overall DMS market growth. Rise in road accidents contributed with high share in overall DMS market growth in recent years. In addition, increasing count health issues such as fatigue, low vision among others resulting in increasing demand for such driver’s safety tools. Emerging need for safe, efficient and convenient driving experience along with the strengthened government safety regulations regarding drivers safety further set DMS market to grow over the review period.
