Compact tractors, generally known as compact utility tractors, are primarily useful for small farms. The compact tractors are designed for small-scale farming requirements. Based on capacity, the compact tractors are categorized into below 30 HP (Horsepower), 30 HP–40 HP, and 40 HP–60 HP. In terms of drive type, the compact tractors market is segmented into two-wheel drive and four-wheel drive. The agricultural sector is the major application area of compact tractors, followed by utility-scale applications.

Businesses are continuously seeking ways to boost their output and effectiveness in the current fast-paced, intensely competitive commercial landscape. Cloud-based enterprise resource planning (ERP) systems have garnered significant attention as they assist in business growth, collaborations, and effective operations. Cloud ERP offers a variety of benefits over traditional on-premise systems.

The global cerebrospinal fluid management market is estimated to grow at a CAGR of 5.3% from 2022 to 2030. Key factors driving the market growth are increasing incidences of CSF leak and growing developments for CSF management products. However, the risk associated with CSF shunts hinders the market growth.

The global bioanalytical testing services market is estimated to grow at a CAGR of 10.2% from 2022 to 2030. Key factors driving the market growth are increasing outsourcing of R&D activities by pharmaceutical companies and high demand for analytical testing of biosimilars and biologics. However, the challenges in development and validation of bioanalytical methods hinders the market growth.

The Global bariatric surgeries market is estimated to grow at a CAGR of 15.9% from 2022 to 2030. Key factors driving the market growth are the increasing prevalence of obesity and growing demand for minimally invasive surgeries are driving the market growth. However, the stringent regulatory policies and increase in safety concerns restrain the market growth.

The automated external defibrillators market is estimated to grow at a CAGR of 4.5% from 2020 to 2030. Key factors driving the market growth are increasing prevalence of cardiovascular diseases and rising training and awareness programs on automated external defibrillators. Whereas performance issues related to automated external defibrillators is hindering the market growth.

The maintenance, repair, and overhaul (MRO) of an airframe or its component can help businesses maintain their functions for the long term. As a result, aviation manufacturers majorly focus on creating appropriate business processes and infrastructure. Governments of various countries across the globe are highly engaged in massively investing in aviation infrastructure to deliver better MRO services. They also plan to develop the airports as MRO hubs, integrating all the capabilities, facilities, and warehouses in the facility to offer high-quality services to aircraft. Several engine development programs are being adopted, owing to the ever-increasing spending toward aircraft modernization, norms and regulations, and environmental concerns for the retirement of older fleets. Most of the engine manufacturers are robustly focusing on the development of economical and efficient engines for new aircraft fleets. The procurement of advanced aircraft parts is expected to double in the next few years, which will result in the retirement of older planes across the globe. Further, the integration of the Internet of Things (IoT), blockchain, artificial intelligence (AI), and other advanced technologies into aircraft is boosting the need for high-quality maintenance services, which is fueling the airframe maintenance services market.

The maintenance, repair, and overhaul (MRO) services are an essential and unavoidable aspect of every business. A proper MRO of an aircraft or its component can help businesses avoid significant risks to their survival. Thus, aviation industry players majorly focus on creating appropriate business processes and infrastructure to support industry growth. The rising demand for air travel worldwide is encouraging aircraft manufacturers such as Airbus and Boeing to increase their production volumes and offer maintenance services for these aircraft as well. With the constant growth in air traffic, carriers are more liable to maintain the optimum condition of the aircraft so as to extend their life span; otherwise, they would have to procure new aircraft.

The airborne pods are an external pod structure primarily fabricated to offer enhanced aerial recognition, identification, communication, targeting, data linking, and self-defensive potentials to an aircraft. High-end airborne pods with a wide range of advanced sensors and laser technologies can operate in extreme weather conditions, which is also one of the prime factors boosting the application of airborne pods in advanced fighter jets, aircraft, unmanned aerial vehicles, and helicopters. The changing modern warfare scenario has forced governments of various countries across the globe to allocate substantial funds and financial aid toward respective defense and military forces. The growing defense expenditure budget indicates the government's emphasis and importance on modernizing the defense sector to meet the mounting need for security, which is one of the major market drivers.