Hygiene awareness among the population has led to gradual changes in the standards and living of the population in developed as well as developing economies. High demand for disposable hygiene products is reported in the market. Baby diapers are expected o experience high demand due to the absorption capacity of superabsorbent polymers. Superabsorbent polymers are expected to retain liquid of almost 800 times of its own weight. This property of superabsorbent polymers has led to its application in wide range of industries such as agriculture, medical, water treatment, etc.
The construction chemicals market is majorly driven by the growing end-user industries such as building and construction industry. The major factors driving the growth of construction industry are urbanization and industrialization. Swift developments in the developing economies such as Asia Pacific, especially in India and China has led to increased use of advanced products in the construction sector. Therefore, high quality materials such as waterproofing chemicals are used on a large scale in the construction industry, thereby, boosting growth for global waterproofing chemicals market worldwide.
The growing need for efficient interoperable communication during mission-critical operations is identified as the major factor driving the dispatch console systems market. In addition, the introduction of advanced dispatch consoles with improved features is expected to trigger the replacement of conventional dispatch systems. The dispatch console industry is witnessing a shift in paradigm from TDM-based dispatch systems to IP-based systems. The ongoing transition is one of the major trends prevailing in the industry and is expected to have a positive impact on market growth.
Declining prices of microdisplays together with the escalating demand for light weight wearable computing devices is the major force fueling the market growth. Declining prices of microdisplays has enabled manufacturers to manufacture low cost HMD prototypes, thereby enabling them to better penetrate the consumer market in price sensitive emerging economies.
Due to persistent surveillance capability coupled with low cost, the aerostat systems have become popular for various applications across the defense sector. Aerostat systems are tethered airborne platforms designed to delivered persistent services such as communication, surveillance, electronic intelligence gathering and others.
The market for dashcams is growing rapidly with increasing awareness about the benefits of dashcams particularly among the private vehicle owners. In addition, dashcams are widely used by taxi and bus drivers, driving instructors, police officers and many others to capture real time driving incidences. Dashcams provides straight to point and efficient evidence in case of accidents to easily identify the fault of driver.
The field service management market worldwide is expected to grow with a CAGR of 18.0% during the forecast period from 2022 to 2030, starting from US$ 4.82 Bn in 2021. Increasing adoption for cloud-based field service management solutions and mounting demand for agility for quick solutions shall drive the field service management market. Field service management is a tool used for operational efficiencies in organizations.
With increasing need for persistent surveillance across various conflict zones, the governments of numerous nations worldwide are shifting towards high altitude platforms that offer wider coverage area with minimal costs. High altitude platforms (HAPs) are airborne systems operating in the high altitude category of more than 50,000 feet above the Earth’s surface.
The recruitment process outsourcing market worldwide is projected to expand with a CAGR of 13.9% during the forecast period from 2022 to 2030. The market for recruitment process outsourcing (RPO) is majorly governed by the increasing adoption of outsourcing services worldwide.
Due to expanding globalization among the business organizations worldwide and the resulting lockdown restrictions and work from the home model due to the ongoing COVID-19 pandemic, the need for effective collaboration techniques for real-time video communication has spurred substantially. In addition to this, organizations look for cost-effective solutions that can fulfill their need seamlessly.
