The global warehouse management systems market was stood at US$ 5.00 Bn in the year 2021 and expected to reach US$ 18.39 Bn by the year 2032, expanding at a CAGR of 15.6% during the forecast from 2024 to 2032. Increasing complexity in the supply chain has stressed distribution management. Furthermore, volatility in demand and supply along with ever-changing consumer preference has significantly affected the warehouse operations.
The rapid progress in the field of digital communication and networking has greatly influenced the aviation industry across the world. By adopting new and advanced technologies, the aviation industry is reshaping itself to improve its operational efficiency and passenger experience. Many companies are investing in IoT that has the ability to connect technology, processes, people, and culture to deliver seamless air travel experience.
The global paints & coating additives market is growing proficiently, projected to grow at a CAGR of 6.1% during the expected period from 2024 to 2032, starting from US$ 8.78 Bn in 2021. The paint & coating additives are used as raw materials that improve both features and application of paints & coatings in numerous industries.
The global portable charging units market is growing rapidly, expected to grow at a CAGR of 18.1% throughout the projected period from 2024 to 2032, starting from US$ 17.69 Bn in 2021.
The global sun control films market accounted for US$ 997.8 Mn in 2021 and is anticipated to grow to US$ 2,218.04 Mn growing at a CAGR of 6.0% throughout the forecast period from 2024 to 2032.
The microdermabrasion device market is expected to grow at a CAGR of 7.5% during the forecast period from 2024 to 2032, starting from US$ 432.9 Mn in 2021. Increasing trends for nonsurgical procedures worldwide increases the demand for microdermabrasion devices.
The global distributed fiber optic sensor market was stood at US$ 1,289.2 Mn in the year 2021 and expected to reach US$ 3,386.2 Mn by the year 2032, expanding at a CAGR of 8.5% during the forecast from 2024 to 2032. Distributed fiber optic sensing is a novel technology that has gained a prominent place in the recent past. The prime factor attributed to the market growth is its disruptive capabilities such as real-time and continuous measurement of the physical parameters such as temperature, strain, pressure, and others.
The global sludge treatment chemicals market is growing proficiently, projected to grow at a CAGR of 4.5% during the expected period from 2024 to 2032, starting from US$ 7.04 Bn in 2021.
The growing demand for liquid silicone rubber from the healthcare industry is driving the global liquid silicone rubber market. Liquid silicone rubber (LSR) has some great properties than its competitor materials such as high thermal stability, chemical stability, and electrical resistance. These properties made it the first choice in many industries such as automotive and electrical & electronics. In the medical field, the hygienic quality of LSR helps to reduce the spread of bacteria or fungi to the patient's body, and its flexibility and softness ensure comfort to patients.
Technological advancement in virtual reality is driving the global immersive virtual reality market. Immersive virtual reality is the technology that gives the user a perception of physically present in a non-physical world. This is created by images, sound, and other stimuli providing an engrossing environment to the user. Globally renowned companies such as Sony, Google, and Facebook have entered into the VR market and are launching new products, impacting the global immersion VR market.
