The industrial burners market is set to demonstrate promising growth rate during the forecast period from 2018 to 2026, growing from US$ 18.40 Bn in 2017. Industrial burners are among the most crucial components of any industrial application having thermal process-based production line.
The global industrial hose market was valued at US$ 10.75 Bn in 2017 and expected to expand at a CAGR of 4.8% during the forecast period from 2018 to 2026. Booming construction and real estate industry due to economic stability is one of the prominent factors driving demand for industrial hoses worldwide.
Perpetual rise in demand for electric energy and rising pressure of optimum utilization of available resources encouraged power plant simulators market to grow with a growth rate of 3.6% during the forecast period from 2018 to 2026. A power plant is combination of millions of systems and sub-systems working together with a common goal of electricity generation.
Unsaturated Polyester Resins market was worth USD 10,052.8 million in 2017 and expected to grow at a CAGR of 5.50% between 2018 and 2026. Unsaturated polyester resins find wide application across building & construction, marine, electrical & electronics, transportation, tanks & pipes, wind energy, and others (artificial stones, coatings, etc.).
The global traffic management systems and services market is expected to cross US$ 116.0 Bn by 2026 at a CAGR of 20.5% throughout the forecast period from 2018 to 2026. The most significant factor driving the traffic management systems and services market is the rising traffic congestion worldwide. Increasing population coupled with the rising discretionary income of people worldwide has led to high growth in the overall automobile industry.
Satellite communication market is estimate to reach US$ 47.1 Bn by 2026, growing with a promising CAGR of 8.88% across the forecast period from 2018 to 2026. Majorly commanded by North America, satellite communication (SATCOM) equipment market is highly driven by rapidly growing IT & telecommunication sector.
Vinyl Ester Market is expected to reach US$ 1312.8 Mn by 2026 with 5.6 % CAGR during the forecast period from 2018 to 2026. In 2017, Asia Pacific led the vinyl ester market. It is also estimated to be the fastest growing region between 2018 and 2026.
The global escalators & moving walkways market was valued at US$ 14.96 Bn in 2017 and expected to expand at a CAGR of 4.3% during the forecast period from 2018 to 2026. Rapid urbanization and resultant increase in the number of commercial establishments, airports, and public transportation infrastructure is identified as one of the prominent factors driving new installation of escalators & moving walkways worldwide.
The global blood-brain barrier market projected to reach US$ 5,704.2 Mn by 2026 from US$ 696.4 Mn in 2017, growing at a CAGR of 25.0% during the forecast period from 2018 to 2026. The blood-brain barrier (BBB) prevents free flow of elements from circulatory system to the cerebrospinal fluid (CSF) or brain with specific exchange of elements regulated by blood-brain barrier and blood-CSF barrier.
Video intercom devices market was valued at US$ 16.24 Bn in 2017 and expected to grow at a CAGR of 13.5% during the forecast period from 2018 to 2026. Video intercom device facilitates audiovisual communication and is considered an advanced from of simple voice intercom.