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North America holds a significant share of the global MADP market due to the presence of highly sophisticated IT infrastructure in the region along with the availability of excellent internet connectivity and extensive penetration of mobile devices. Also, large-scale investments on R&D by major technology companies operating in the U.S. are expected to foster the market growth over the forecast timeline. Asia Pacific, on the other hand, will register a lucrative growth over the period in the market. This accelerated growth can be attributed to the rapidly increasing smartphone penetration in India and China, increasing the popularity of smart cities, along with favorable government initiatives for the digitalization of the economy and administrative framework in these countries.

Mining Equipment Market is expected to be around USD 100 billion by 2024. Increasing investments in developing innovative and smart solutions will drive the mining machinery market. Rising demand for advanced extraction solutions is encouraging the players to increase their R&D activities to cater to the requirement of the customers.

The crawler crane market is witnessing demand for low-level access units, niche machines, and customized choices. Growing installation & maintenance activities for the upgrade of fire stations, street lights, glasswork, and other associated infrastructure coupled with increasing organization of several events such as concerts, corporate events, and festivals, are driving the need for these machines across several regions.

U.S. hard goods for industrial fall protection equipment market size is poised to exceed USD 7 million over the forecast timeframe. These include mainly anchors, retractable blocks, and carabiners. Anchors are installed in the roof and connected to lanyards which prevents workers from falling. Strict mandates regulated by the government to maintain standards at workshop to avoid hazards and injuries which in turn boost regional demand.

Dry type transformer market is projected to witness upsurge owing to its economical cost structure along with efficient noiseless operations. Effective applicability across underground substations coupled with expanding medium & low voltage renewable networks will foster the product deployment. The technology has gained appreciable penetration across industrial establishments on account of its lower toxicity when compared to its conventional counterparts. Thereby, advancing product precision coupled with growing demand for sustainable units will positively impact the business outlook. Dry Type Transformer Market size will exceed USD 9 billion by 2024, as reported in the latest study by Global Market Insights, Inc.

North America polyhydroxyalkanoate market is likely to witness significant gains in the coming years, due to stringent regulations imposed by regional regulatory bodies for consuming bio-based packaging materials. For instance, EPA has put strict laws on reducing toxic waste material to conserve the environment. Additionally, major players in the U.S. medical industry are making significant investments in developing bio-compatible materials for healthcare applications such as drug deliveries, implants, and others which will further facilitate the growing product demand over the coming years.

String Inverter Market size is expected to cross USD 7 billion by 2024, as per the latest report by Global Market Insights, Inc.

Growing adoption of electric vehicles coupled with government initiatives to promote sustainable energy utilization will drive the lithium ion battery market size. In 2015, electric car registrations witnessed a 70% increase from the previous year with 550,000 vehicles sold across the globe. According to EIA, China and the U.S accounted for 336 and 159 thousand electric vehicle sales respectively in 2016.

Global compressor oil market leaders are investing in R&D activities to improve oil free compressor energy efficiency. Due to environmental concerns regarding petrochemical based products and stringent regulations devised on manufacturing & handling process of oil compressor, bio-based oil compressors have started gaining attention across the globe. Bio-based compressor oil cost higher than conventional and synthetic compressor oil due to which certain manufacturers are shifting their focus toward developing energy efficient and oil free compressor that will fuel the global oil compressor market over the projected timeframe.

The global emission control catalyst market is driven by increasing automotive sales from the past few years. The automotive sales are increasing o a rapid rate, and are expected to increase throughout the forecast period, thereby facilitating the growth of global emission control catalyst market.