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Global inland waterways vessels market size is anticipated to surpass USD 2,250 billion by 2024, projects Global Market Insights, Inc. With continuous R&D efforts by industry players, inland waterways vessels have evolved to a large extent. Incorporation of advanced navigational systems and multiple sensors, along with increasing vessel capacities is creating a conducive environment for inland waterways vessels business outlook. Fast-paced technology developments such as introduction of vessels with integrated inner and outer hulls designed to prevent spills, and vessels with advanced fleet management solution to minimize accidents are likely to bring forth promising gains for the market through 2024.

Asia Pacific electric motors market is expected to hold 55% industry share by 2024. Increasing vehicle production across the region will enhance industry growth. Focus of auto industry to enhance fuel economy and reduce carbon emissions has resulted in employment of green automobiles in several countries. Additionally, regional regulatory landscape will further boost the industry. For instance, Indian government has mandated electrification of vehicles by 2030 which in turn has forced auto producers to manufacture them.

Enterprise application market outlook has been driven by the ongoing digital transformation of the enterprises enabling them to sustain the highly competitive business environment. The technology has been helping them to attract new customers leveraging the digitalized enterprise systems further driving the revenue share.

The colocation data center power market accounted for a majority of the industry share in several Asian and European countries over the last few years. Companies are gradually shifting their IT infrastructure to the cloud with colocation providers offering a perfect solution for cloud providers and business servers owing to which a sharp increase in the construction activities is being witnessed. In addition, the colocation providers are offering companies uninterrupted maintenance and services, thereby enhancing their performance and productivity. The growing focus on the reduction of operational expenditure and capital by companies will drive the colocation data center power market over the forecast timespan.

The self-checkout system market is witnessing growth in the transportation sector owing to the capabilities of these systems for printing tickets and carrying out financial transactions with ease. The entertainment sector also provides growth opportunities for the self-checkout systems market owing to the increasing use of these systems in movie theaters, theme parks, and museums. Many restaurants are adopting these devices for an improved order accuracy and reduced wait times, augmenting the self-checkout kiosks market growth.

The global electronic security market stands to leverage commendable benefits during 2017-2024 on the grounds of proliferation of smart technologies, robust adoption of biometrics, and home automation systems. Alongside, rapid technological upgradations, and stringent government interventions would accentuate the product consumption and spur industry growth over the forecast period.

Technological advancements in the field of avionics is a major factor pushing the growth of global ultralight and light aircraft market

With the robust penetration of smart technologies in the transit space, smart transportation market has been progressing at a prodigious pace in the recent years

Smart electric meter market over the recent years has garnered considerable traction in the sustainable ecosphere

Surging activities of earth imaginary, space exploration, and atmosphere observation missions are the key factors the global rocket propulsion market is expected to leverage to bring forth its growth