A machine-to-machine (M2M) platform is a programmed unit in which M2M applications and services are built on. Owing to the growing adoption of the Internet of Things (IoT) and M2M services, the demand for innovative M2M platforms to enable new M2M services (such as connected cars and smart homes) is increasing. Also, many small players are entering the global M2M platform market as the entry barriers are low.

A microphone converts sound into an electrical signal. Microphones have wide applications in hearing aids, automotive, telephones, concert halls, public events, radio, and television broadcasting. Different microphones such as dynamic microphones, condenser microphones, and piezoelectric microphones are currently in use. MEMS microphones are also called silicon microphones. MEMS microphones can sense audio signals in a way similar to electret condenser microphones.

Microspheres are tiny spherical particles ranging between 1 μm and 1,000 μm. They are made of glass, ceramics, or synthetic polymers and are manufactured both naturally and synthetically. They are innovative raw materials with superior functionality that help improve the quality of the final product at a reduced cost.

Microwave ablation is an emerging technique in the overall tissue ablation market. The technique provides quicker ablation of large and small tumors and is used for the treatment of inoperable tumors (tumors that cannot be treated surgically). Several antennae that are used to perform microwave ablation are small, and designed with precise targeting power to prevent healthy tissues from damage. Microwave ablation is widely used in treating liver, kidney, lung, and breast cancers.

Military fitness equipment constitutes machines for workout and devices that help in monitoring soldiers' physical exercises. It helps in improving the stamina, developing muscular strength, and joint flexibility of military personnel and maintaining mental strength and agility.

Dairy processing equipment utilizes the dairy processing technology and systems for processes, such as homogenization, blending, milking, and filling, and for manufacturing dairy products. In dairy farms, the milking process is of utmost importance as it enables the production of pasteurized milk, cream, cheese, butter, and other milk products. Traditional methods of milking animals involved time and laborintensive manual processes carried out by farm workers. In order to cut down on the production time and with a focus on enhancing the yield of output, dairy farmers are adopting automation technologies, such as milking robots.

Machine tools play a dominant role in the manufacturing industry and are part of almost every metal processing application. They are used for cutting and shaping metals and other materials to the specification provided by the product manufacturers. The machine tools help to process and manufacture critical components with utmost accuracy and ease. Based on the criticality of the operation, conventional or computer numerical control (CNC) machine tools are used.

Magnetoresistive random-access memory (MRAM) is a type of memory technology that uses electron spin to store information. This memory type can replace DRAM and SRAM and has the potential to become the universal memory. MRAM combines the densities of storage memory with the speed of SRAM and is nonvolatile and power efficient. Due to the rising demand for fast, low power consuming, scalable, and nonvolatile memory devices, the global market for MRAM will grow in the future. MRAM has features of both static random-access memory (SRAM) and dynamic random-access memory (DRAM). Thus, it is useful in designing flexible circuits for different devices.

Food additives offer aroma and taste to food products and are extracted from plants or animal sources. They can alter the characteristics of a food product as per the requirement of taste. The flavor can be maintained under seven basic categories of taste - sweet, sour, bitter, salty, savory, pungent, and metallic. Based on the additive, flavors can be of three types as illustrated below.

The global animal feed market is expected to grow at a stable pace during the forecast period. The increasing awareness of the health benefits of animal feed is driving this market. Also, the increased per capita consumption of meat at a global scale, mostly because of the increase in the overall population, is contributing to the demand for animal feed. The market is also witnessing an increasing demand for feed enzymes. However, the irregular inspection by regulatory authorities of the mixing of feed by farmers acts as the major challenge for the market's growth.