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The GMI Research's latest analysis reveals that the Essential Oils Market is slated to register a CAGR of 8.80% over the forecast period. This is mainly attributed to the enhanced standard of living in emerging countries, the rising disposable income among consumers, and the increasing use of essential oils in numerous applications, particularly in food and beverages and cosmetic applications.

The GMI Research's latest analysis reveals that the Machine Learning-as-a-Service Market is slated to register a higher CAGR over the forecast period. This is attributed to the rising need to understand the customer's behavior, the rise in affordability of data storage, and the strong adoption of cloud-based technology across companies.

The GMI Research's latest analysis reveals that the Surgical Robots Market is slated to register a significant CAGR over the forecast period. This is attributed to the growing funding for medical robot research, several benefits of robotic-assisted surgery, technological advancements, and the strong adoption of surgical robots by ambulatory surgery centers and hospitals.

The GMI Research's latest analysis reveals that the Smart Building Market is slated to register a significant CAGR over the coming years. This is mainly attributed to the growing awareness of energy consumption, the growing number of initiatives associated with environmental issues, increasing awareness of space usage.

The GMI Research's latest analysis reveals that the Gesture Recognition and Touchless Sensing Market is slated to register a significant CAGR over the coming years. This is mainly attributed to the increasing need for connectivity in the automotive sector to improve customer satisfaction and less technical complexity and the growing conversion of information into digital format across sectors.

The GMI Research's latest analysis reveals that the Automotive Telematics Market is slated to register a higher CAGR over the forecast period. This is attributed to the emerging trend of connectivity solutions, government regulations for adopting telematics, and ease of vehicle diagnosis.

The GMI Research's latest analysis reveals that the Carbon Fiber Market is slated to register a significant CAGR over the forecast period. This is attributed to the growing requirement for lightweight vehicles, the rising automotive demand, and the strong demand for carbon fiber among the automotive, aerospace & defense, and wind energy industries.

The GMI Research's latest analysis reveals that the Automated Guided Vehicle Market is slated to register a significant CAGR over the coming years. This is attributed to the strong adoption of e-commerce, the rising demand for automation in material handling across various industries, the shift in the demand from mass production to mass customization, and improved safety standards at the workplace.

The GMI Research's latest analysis reveals that the Smart Lighting Market is slated to register a significant CAGR over the forecast period. This is attributed to the growing smart city projects in emerging countries, the introduction of integrated lighting systems, increasing awareness regarding the advantages of LEDs, and the reducing price of LEDs.

The GMI Research's latest analysis reveals that the Electric Traction Motor Market is slated to register a significant CAGR over the forecast period. This is attributed to the rising application of food flavors across several food items and the growing acceptability of consumers as a natural flavor.