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Aircraft communication system market for Transponders segment is expected to cross USD 640 million over the forecast time span. This revenue generation can be credited to provision of accurate information of the air fleets including barometric altitude and identification. Additionally, benefits such as maintaining communication with on-ground ATC units has resulted in wide usage in commercial and military planes.

Automotive gesture recognition market for Multimedia/navigation/infotainment segment is projected to capture maximum share of around 60% over the forecast time span. Automobile OEMs are concentrating on enhancing customer experience with navigation and infotainment systems, accelerating the product demand. These systems support in reducing driver distraction with easy multimedia operability in the vehicle, increasing the segment growth. Door/window opening application growth can be credited to automakers focusing on developing enhanced vehicle features.

Network attached storage market is projected to register a lucrative growth with an impressive CAGR of over 20% between 2018 and 2024. This growth is attributed to the growing adoption of cloud-based storage solutions by SMEs, increase in big data analytics & data mining applications, and ease-of-installation & automatic data backup capabilities. Increasing volume of social media content and rapid proliferation of high-speed data transfer technologies are also expected to largely assist the market growth during the forecast timeline.

As reported in the latest study by Global Market Insights, Inc. Europe District Cooling Pipeline Network Market is predicted to surpass USD 1 Billion by 2024. Rising concerns relating to emissions along with rising demand for sustainable cooling solutions will drive the business growth. Accelerating demand for space cooling owing to the rising average surface temperature across Italy, Germany, and Sweden will further propel the industry growth. As per the European Economic Area, the annual mean temperature across the Central and Eastern Europe is projected to increase by 10-30o C by the end of decade.

Ambient voltage regulation coupled with effective operational feasibility will augment the auto transformer industry share.

Growing demand for the upgradation of existing T&D networks coupled with rising space constraints will foster the indoor distribution transformer market.

PET is the fastest growing application segment in monoethylene glycol market and is likely to expand with CAGR more than 6.5% by 2024.

Chlorinated paraffin market will witness growth as an additive material to produce various metal working fluids and plastic products.

Growing plasticizers demand in construction and packaging industries along with increasing application scope in solvent formulations for usage in printing inks and additive for cleaners & polish and should drive oxo alcohols market size.

The global high purity alumina (HPA) market has been segmented on the basis of application into LED’s, semiconductors, phosphor, sapphire, and others.