Globally, the LED desk lamp market is expected to grow with a CAGR of 14.5% during the forecast period from 2019 to 2027, starting from US$ 4.55 Bn in 2018. The growth of the market is driven by the increasing adoption of the energy efficient lamps across the globe. Over the past decade, a rapid surge in the demand of the energy efficient lamps has been witnessed.
Globally, the keylock switches market is expected to grow with a CAGR of 4.0% during the forecast period from 2019 to 2027. The keylock switches are ideally used to manage the safety of industrial environments with utmost simplicity. Factors such as increasing importance of operational efficiency, and safety of the equipment and machinery, and automation of the production equipment are driving the growth of keylock switches market.
The global graphene electronics market was valued at US$ 994.18 Mn in 2018 and is projected to witness remarkable growth, expanding at a CAGR of 17.3% during the forecast period from 2019 to 2027. The future of electronics is majorly dependent on flexible devices that are bendable, stretchable, foldable, wearable and transparent. Sooner, presently used rigid devices are likely to be substituted with the convenient, durable and light-weight flexible displays, circuits and storage devices.
Globally, the glass door merchandiser market is projected to grow with a CAGR of over 7.7% through the forecast period from 2019 to 2027, from US$ 6.93 Bn in the year 2018. Globally, the glass door merchandiser market is expected to witness a significant growth based on factors such as rapid urbanization, growing economies, increasing spending capacity of people around the globe, rapid infrastructure development in various developed and developing countries, and improving standard of living of people. In addition to this, there is increasing development in the retail industry based on greater output and limited resources; this is also generating demand for new technologies.
The electronic bidet seats market worldwide is expected to grow with a CAGR of 3.60% during the forecast period from 2019 to 2027. Electronic bidet seats market is expected to witness steady growth in the near future due to the rise in hygiene awareness among consumers. On account of increased genital diseases among young population, bidet seats are now increasingly preferred by the consumers. Electronic bidet seats are in demand due to their benefits such as warm water temperature control, toilet seat temperature control, air dryer, adjustable water pressure and others. As a result of these benefits of electronic bidet seats, we are expecting steady growth in near future.
The e-SIM devices market worldwide is expected to grow with a CAGR of 32% during the forecast period from 2019 to 2027. E-SIM devices market worldwide is witnessing rapid growth since the past few years with growth in smartphones market. E-SIM also known as Embedded SIM can be remotely manage multiple mobile network operator subscriptions by complying with GSMA specifications. Remote provision, M2M connections provide seamless and easy mobile connectivity in smartphones.
The global DSL tester market is growing competently, anticipated to grow at a CAGR of 6.4% during the projected period from 2019 to 2027, starting from US$ 1.05 Bn in 2018. The growing usage of the internet today’s life is swiftly fuelling the growth of the DSL tester market globally. Rise in population and increasing technological developments in the arena of the internet is driving the demand for digital subscriber line (DSL) among internet service suppliers.
The global digital multimeter market is rising significantly, anticipated to expand at a CAGR of 4.5% during the estimated period from 2019 to 2027, starting from US$ 910.8 Mn in 2018. The rising electric vehicle penetration along with the surge in demand for digital multimeters across the globe are the major factors projected to drive the global market growth over the forecast period.
Globally, the custom screen printing market is expected to grow with a CAGR of more than 5.9% during the forecast period from 2019 to 2027, starting from US$22.2 Bn in 218. At present, screen printing is commonly used to transfer color and design to clothing. The custom screen printing market is expected to witness the enhanced growth with the high use of screen printing in the custom T-shirt printing.
The converged infrastructure market worldwide is estimated to expand with a CAGR of 18.6% over the period from 2019 to 2027, starting from US$ 16.5 Bn in 2018. Growth of cloud services market and IT industry to boost the demand for converged infrastructure market. Organizational shift towards self-service model from self-managed, self-owned hardware model is also helping the market growth. Growing IT needs towards cloud-based services is another factor for the market growth. Reduce complexity, eliminated hardware related issues and other benefits of converged infrastructure to boost the market demand.
The combi ovens market worldwide is likely to grow with a CAGR of 10.6% throughout the forecast period from 2019 to 2027. Continued growth in the food industry is the major driving factor for combi ovens market. Combi ovens are designed with all the three techniques (convection, steam and both) in one machine for cooking. Growing penetration of microwave ovens is also one of the promising factors driving the combi ovens market.
The Coin Cell Batteries market worldwide is expected to grow with a CAGR of 0.45% during the forecast period from 2019 to 2027. Coin Cell Batteries market worldwide is witnessing a sluggish pace since the past few years and stood at USD 3.89 Bn in 2018. Coin cell batteries are button shaped have low self-discharge. The batteries have long shelf life, are reliable and consistent. Zinc and lithium are commonly used anodes in coin cell batteries.
The capacitors for medical electronics market worldwide is estimated to grow with a CAGR of 6.9% through the forecast period starting from 2019 to 2027. Medical electronics market worldwide is observing continued growth over the past few years with more than 3.8% growth rate every year.
The beauty devices market is expected to grow at a CAGR of 18.8% during the forecast period from 2019 to 2027, starting from US$ 36.74 Bn in 2018. Consumers are nowadays are becoming more inclined towards using personalized beauty cosmetic range and connected beauty products are new trends in the cosmetics and wellness industries.
The automotive fog lights market worldwide is expected to grow with a CAGR of 9.7% during the forecast period from 2019 to 2027, starting from US$ 667.0 Mn in 2018. Automotive fog lights is useful in different climatic conditions such as during fog or heavy rains and low light conditions. There are different types of fog lights available in the market such as LED, halogen and HID, with LED rapidly emerging as the most popular type on account of sleek design, long lifetime and more brightness.
The global automatic coffee machines market accounted for US$ 2.82 Bn in 2018 and is anticipated to grow to US$ 4.21 Bn in 2027, growing at a CAGR of 4.6% throughout the forecast period from 2019 to 2027. Coffee has been one of the most highly consumed drinks across the globe. Drinking coffee has various health related benefits such as lower risk of Parkinson’s disease and liver cancer among others. Manufacturers are progressively focusing on development of automated machines that helps in quick preparation of food products.
The air fryer market worldwide is expected to raise with a CAGR of 6.7% during the forecast period from 2019 to 2027, starting from US$ 666.6 Mn in 2018. Rising awareness for eating healthy food and growing kitchen appliances market worldwide are the key growth factors for air fryer market. Growing inclination towards low oil food has led the market demand for air fryer. Air fryer have several benefits such as less oil consumption, healthy cooking, easy cleaning, compact design and others aiding the market growth.
The global air conditioning and refrigeration compressors market was valued at US$ 20.63 Bn in 2018 and is expected to expand at a CAGR of 3.7% throughout the forecast period from 2019 to 2027. Air conditioning and refrigeration compressors is a key component of any air conditioning and refrigeration systems, from a small mini-split air conditioner to the largest commercial system. The HVAC systems, are widely gaining popularity in industries such as food, transportation and are being primarily used by both commercial and residential sectors across the globe.
Globally, the 4D printing market is expected to grow with a CAGR of more than 33% during the forecast period from 2019 to 2027, starting from US$ 55.5 Mn in 2018. Globally, the manufacturing industry is transforming from 3D to 4D printing, based on numerous advantages associated with this advanced technology. 4D printing technology helps in producing structures that can transform themselves in a pre-programmed way when the component is exposed to appropriate stimuli.
The 3D pedometer market worldwide is expected to grow at a CAGR of 5.14% during the forecast period from 2019 to 2027, starting from US$ 1.49 Bn in 2018. The demand for 3D pedometer is increasing rapidly due to rising fitness trackers market worldwide. Since 2017, the fitness trackers market is growing with over 10% growth rate annually. The multipurpose use of 3D pedometer to record various activities such as daily steps, distance covered, calories burned and others has propelled the penetration of 3D pedometers worldwide.