The fiber optical interconnects market worldwide is expected to grow with a CAGR of 18.2% during the forecast period from 2019 to 2027, starting from US$ 4.32 Bn in 2018. Advanced fiber optic interconnect technologies helps in the process of enhancing capacity of the optical equipment by further reducing the operation cost. Major players operating in the fiber optical interconnects market adopted numerous strategies like launching new product & product developments, mergers, business partnerships, collaborations, and business extensions for the purpose of catering to the requirements of optical market.

The fiber cleavers market worldwide is expected to grow with a CAGR of 2.8% during the forecast period from 2019 to 2027, starting from US$ 40.25 Mn in 2018. Cleavers with the automatic rotating blade system utilizes the total blade surface and automatically increase the cleaver blade with every cleave. In 2018 Fujikura announced the development and the launch of new CT50 fiber cleaver, which offers much better maintainability and operability than the existing cleavers which are currently available on the market.

Globally, the Encoders market is expected to grow with a CAGR of 11.9% during the forecast period from 2019 to 2027. Encoders are defined small circuit or electronic devices that are used to convert analog signals into digital signals. The encoders are generally used for controlling or tracking various motion parameters such as direction, distance, position or rate. There are two types of encoders namely rotative and linear encoders, which are used as per the requirement and application.

Globally, the electronic shelf label (ESL) market is expected to grow with a CAGR of 16.8% during the forecast period from 2019 to 2027, starting from US$ 450.5 mn in 2018. The market is propelled by the growing adoption of the automation across the retail sector. The retail sector is going through a phase of digital disruption. The emergence of the online shopping portals has led to the intensive competitive war among the retailers. Therefore, to gain compete with the online retailers, offline retailers are leveraging on the advance technology solution and automating their operations to enhance the business performance and gain efficiency.

The growing need to improve the operation efficiency of commercial vehicles is driving the electronic logging device market in the world. Electronic logging device (ELD) technology is used in commercial vehicles, trucks, and buses to record driving time, hours of service (HoS), capture data on vehicle engine, movement & miles driven and driver ID. By using ELDs in their vehicles, drivers are benefitted with a reduction in their fuel cost, increased driver productivity and vehicle diagnostics in real-time.

The Electrodermal activity detecting devices market is set project promising growth at a compounded annual growth rate (CAGR) of 8.7% during the forecast period from 2019 to 2027. Electodermal activity detection is also known as galvanic skin response employs sensors for measuring and detecting human stress and different emotional activities. The important parameters assessed by employing EDA devices are arousal detection, emotional cartography, relaxation biofeedback etc.

Globally, the electric traction motor market is expected to grow with a CAGR of 19.2% during the forecast period from 2019 to 2027, starting from US$12.9 Bn in 2018. The electric traction motors are mainly used in the locomotive or the electric vehicles for the propulsion by producing the rotational torque. At present, these electric traction motors play an important role in the locomotives. The electric traction motors help vehicles for reliable and safe functions.

The overall dual-in-line package sockets market is projected to register a CAGR of 5.0% through the estimation period starting from 2019 to 2027. Dual-in-line package sockets market is driven by the continued growth in integrated circuits market. Integrated circuits have become an integral part of nearly all of the electronic devices and components. With consistently growing dependence on electronics, integrated circuits market is expected to continue witnessing robust growth, thereby fueling the dual-in-line package sockets market.

Globally, the dry vacuum pump market is expected to grow with a CAGR of 5.5% during the forecast period from 2019 to 2027, starting from US$ 5.70 Bn in 2018. The growth of the market is credited to the rising demand in the semiconductor industry. The semiconductor manufacturers are leveraging on the dry vacuum pumps for dry cleaning chips, circuit boards, and other manufacturing equipment. The rapid advancement in consumer electronics products such as smartphone, tablets, digital cameras, and other digital electronics is further accelerating the adoption of the dry vacuum pumps in the market.

Globally, the drone for petroleum market is expected to grow with a CAGR of 13.5% during the forecast period from 2019 to 2027. The market is propelled by the increasing advancement in the drone technology. Over the past five years, UAVs has emerged as the most disruptive tech innovation across the industry sectors. The cost effective nature and high efficiency of the drones makes them an ideal option for wide range of industrial application.

The distributed sensing cables market worldwide is expected to grow with a CAGR of 5% during the forecast period from 2019 to 2027. Increasing demand for sensing cables in oil & gas industry is one of the major growth factor of distributed sensing cables market. Distributed sensing is a technology that assists continuous measurements along the entire length of a fiber optic cable. Due to this, external stimuli on the cable can be detected at any position along the length of the cable.

Globally, the display controller market is expected to grow with a CAGR of 10.5% during the forecast period from 2019 to 2027, starting from 2018 with a market value of US$24.60 Bn. Display Controller is defined as integrated circuits or component, which controls the interface between a buffer and a monitor. They are one of the main components of the various displays such as LCD screens, mobile phones, and others.

The global digital pump controllers market is poised to reach US$ 16.99 Bn by 2027, expanding at a CAGR of 7.8% during the forecast period from 2019 to 2027. Increasing installations of water pumps are identified as the major factor driving demand for digital pump controllers worldwide. In addition, government regulations and policies that mandate use of solar pumps in agricultural fields is further stimulating demand for digital pump controllers worldwide. However, lack of public awareness and technical know-how with respect to operation of digital solutions through mobile app or any other electronic system and inclination towards low-cost pumps are the major challenges faced by the digital pump controllers market.

Globally, the dewatering pumps market is expected to grow with a CAGR of 6.4% during the forecast period from 2019 to 2027, and accounts a market value of US$ 6.80 Bn in 2018. Dewatering pumps are used to drain or remove the surface water or groundwater from various places such as a sewage plant, construction site, mineshaft, power plants, construction industries, cement plants, thermal plants, or riverbed. It works by evaporating or pumping out the water.

The global cryogenic equipment market is growing competently, expected to grow at a CAGR of 7.4% during the estimated period from 2019 to 2027, starting from US$ 16.59 Bn in 2018. Natural gas based cryogenic equipment market is expected to hold a market share of around 32% in 2018, thereby driving the market growth globally. In addition, substantial availability of natural gas across developing countries such as China, Argentina, India, along with abundant untapped reservoirs favored by the U.S. will boost the industry growth. 

The rising demand from the oil & gas industry to lower the losses incurred due to corrosion is driving the global cathodic protection market. Cathodic protection is a technique to control the corrosion of a metal surface by making it a cathode of an electrochemical cell. Corrosion can destroy the integrity of infrastructure and regular patching of the damaged area may be simple but is found to be less effective in the long run. Eventual repairing of the infrastructure may add-up to the cost of repairing. Further, cyclical repairs weaken the structure and may lead to a total replacement of infrastructure. Thereby, adding the burden of replacement and increase in repair time which results in loss of revenue to the companies.

The cartoning machines market worldwide is expected to grow with a CAGR of 5.90% during the forecast period from 2019 to 2027, starting from US$ 4.67 Bn in 2018. Cartoning machines market is expected to witness high growth in the near future due to rise in food & beverages, healthcare and overall packaging industry worldwide. Cartons make products easier to stack, stored & presented and cartons are recyclable which makes them environment friendly. Rising packaged food market, increase in healthcare sector and rapid increase in e-commerce market are the major growth drivers for cartoning machines market.

Globally, the blow fill seal equipment market is expected to rise with a CAGR of 6.2% during the forecast period, from US$300.1 Mn in 2018. The growth of this market is driven by the increasing demand for the blow fill seal technology across the pharmaceuticals companies across the globe. The pharmaceutical companies are leveraging this technology for the packaging and storage of medicines. The high aseptic packaging nature of the technology along with the high speed of the operation makes it a suitable option for the pharmaceuticals packaging.

The ball bonder machine market worldwide is projected to grow with a CAGR of 4.04% over the forecast period from 2019 to 2027, starting from US$ 942.01 Mn in 2018 .With the beginning of the new packaging technology such as TSV packaging and MEMs packaging has transformed the overall manufacturing landscape of semiconductor industry. Therefore, the equipment manufacturing companies have to carry out significant investment for the purpose of ensuring they make devices of the latest technologies.

The global automotive timing belt market is increasing significantly, anticipated to grow at a CAGR of 5.9% during the estimated period from 2019 to 2027, starting from US$ 6.78 Bn in 2018. The global automotive timing belt market is majorly driven by the increasing manufacturers focus on improved fuel economy and engine efficiency across the globe. The increased use of thermally-stable materials for the manufacturing of timing belts coupled with increased aftermarket are some major factors driving the market growth over the forecast period.