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Based on the component, the substation monitoring system market is segmented into hardware and software. The hardware market accounted for the majority of the industry share and will gain a considerable share owing to its implementation in mining, steel, oil & gas, and transportation industries. Hardware components, such as microcontrollers, smart sensors, IEDs, cameras, distribution network feeders, and smart sensors, are being built in the electrical substations and they help in the collection of real-time data, thereby providing an uninterrupted power supply in several industries owing to which, the hardware substation monitoring system market will witness a considerable growth.

Rising demand for continuous and reliable power sources owing to growing population and urbanization will propel global string inverter market share over forecast period. Strong demand trends for off grid electricity will also play a significant role in industry evolution, with over 800 million of total population having poor or no access to electric grid infrastructure as of 2015.

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.

Europe is anticipated to offer a huge platform for growth of the rear axle market in forecast period owing to stringent Euro VI emission norms. In 2015, the automobile industry had generated a trade surplus of USD 105 billion from region and the motor vehicles account for more than USD 421 billion in tax contributions. European companies have invested heavily in complex technology to produce clean heavy-duty vehicles which meet the emission standards. The demand for light commercial vehicle segment will rise significantly which will lead to growth of rear axle market in forecasted time frame.

Automotive brake pads market is segmented into semi metallic, ceramic, non-asbestos organic, and low metallic non-asbestos organic. The semi metallic type contains about 30 to 65 percent metal such as chopped steel wire/wool, copper, iron powder and graphite. These have excellent heat transfer rates and high durability owing to which is expected to dominate the overall industry share. Ceramic types are the most expensive, clean, and quiet solutions in relation to the other segment and increase life expectancy of vehicle rotors. Non-asbestos organic components are made of fibers such as rubber, glass, Kevlar, and carbon. These are featured with low noise and ease of operability. Low metallic non-asbestos types provide better braking and economical ownership costs, however, produce more noise.

Calcium market is further segregated on the basis of application, which include food & beverages, agro-chemical industry, pharmaceutical, industrial, cosmetics & personal care, household and others. Calcium chloride is used for increasing the viscosity, buffering and bulking agent in cosmetic & personal care industry. There are numerous compounds of calcium and they can be used as desulfurizing, deoxidizing, reducing and decarbonizing agent for application in industrial sector such as metallurgy, environmental engineering, cutting & welding etc.

Increasing consumer preference towards fuel-efficient vehicles and rising on-road and off-road applications are the factors driving the global driveline additives market. Moreover, rise in the number of vehicles manufactured annually, need for longer service drain intervals for axle fluids, transmission fluids are anticipated to increase the product demand in near future. Booming trend of using more numbers of gears in manual transmission has been fueling the driveline additives market from last few years.

Surgical staplers market stands as one of the major recipients of the ongoing technological interventions and increasing demand for minimally invasive approach in the healthcare fraternity. The industry in the year 2017 generated a revenue close to USD 3.7 billion, with the strategic landscape characterized by a plethora of product innovations and extensive R&D initiatives. The ratio of surgical procedures has dramatically increased worldwide, with approximately 2/3rd of hospitalized cases resulting in some sort of surgery. Geographically, this ratio is led by North America, primarily by the U.S. According to National Center for Health Sciences, more than 50 million surgical procedures are conducted in the United States annually, which overtly makes it a viable investment avenue for the surgical staplers industry growth.

In recent times, platelet and plasma market has procured a position much bigger than anticipated, predominantly on account of the increasing prevalence of chronic blood related diseases like thrombocytopenia, hemophilia, leukemia, and the like. According to CDC's estimates, nearly 1 out of 5000 male births in America fall prey to Hemophilia. Also, around 400 babies are born with Hemophilia in the U.S. annually. The basic treatment for patients affected with hemophilia A or B is replacement therapy i.e. replacing the specific missing plasma by blood transfusion, which itself stands as a testimony to the commendable scope platelet and plasma market holds in the U.S.

Automotive NFC market size will be driven by increasing need for wireless connectivity inside vehicles. This technology enables the driver in pairing a mobile device by merely tapping it against the windshield or dashboard, instead of navigating among the menus on in-car centre console screen and the mobile device screen. Further, it aids in getting content such as music channels, contacts, video content and messages from a tablet or a smartphone device to the car's infotainment system. Ease of access to the personal content while driving is forecast to fuel global automotive NFC market size from 2016 to 2023.