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Laser systems are widely used for military and defense purposes. These systems include rangefinders, illuminators, laser weapons, directed energy weapons, and infrared countermeasures.

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LiDAR stands for Light Detection and Ranging. It is a technology to generate precise and spatial information about a particular object. The technology works on the principle of reflection where focused beam of light is emitted and then detected by the sensor after reflecting from the object and the time taken for the process is measured. This data is used to calculate the distances to objects and create a 3D map of any space. LiDAR is similar to RADAR with the difference being use of discrete pulses of laser light by LiDAR and radio waves by RADAR. The LiDAR technology uses lasers, sensors, GPS and INS as its major components.

TechNavio's analysts forecast the Global Protein Ingredient market to grow at a CAGR of 6.03 percent over the period 2013-2018. One of the key factors contributing to this market growth is the growing global health-conscious population. The Global Protein Ingredient market has also been witnessing the growth in the Food and Beverage industry. However, the low awareness rate could pose a challenge to the growth of this market.

TechNavio's analysts forecast the Modular Switch market in India to reach US$604.53 million by 2016. One of the key factors contributing to this market growth is the rapid growth of the Construction industry in India. The Modular Switch market in India has also been witnessing the development of advanced modular switches. However, the high cost of modular switches could pose a challenge to the growth of this market.

TechNavio's analysts forecast the Wind Turbine Service market in Europe to grow at a CAGR of 9.02 percent over the period 2013-2018. One of the key factors contributing to this market growth is the increase in aging wind farms. The Wind Turbine Service market in Europe has also been witnessing the increase in investments by OEMs. However, the lack of skilled workforce could pose a challenge to the growth of this market.

TechNavio's analysts forecast the Global Industrial Gear Motors and Drives market to grow at a CAGR of 4.98 percent over the period 2012-2016. One of the key factors contributing to this market growth is the growth in the emerging markets. The Global Industrial Gear Motors and Drives market has also been witnessing the increased demand for precision geared products. However, the availability of alternative technologies like variable frequency drives could pose a challenge to the growth of this market.

TechNavio's analysts forecast the Global Industrial Mixer market to grow at a CAGR of 5.28 percent over the period 2013-2018. One of the key factors contributing to this market growth is the increase in demand for reliable, cost-effective, and high-performance mixing equipment in various industries. The Global Industrial Mixer market has also been witnessing the global shift toward developing advanced technology, monitoring systems, and intelligent technology. However, the lack of continuous support and maintenance services by vendors could pose a challenge to the growth of this market.

2014 Global Electric Motors Industry Report is a professional and in-depth research report on the world's major regional market conditions of the Electric Motors industry, focusing on the main regions (North America, Europe and Asia) and the main countries (United States, Germany, Japan and China).