EO/IR systems are an essential part of military operations. These systems encompass a broad array of distinct technologies that are based on target acquisitions and mission requirements. Such EO/IR systems are used in different military applications like airborne, land-based, and naval. Some of the airborne EO/IR systems are optic sights, observation systems, helmet mounted displays, and night vision systems. Land-based EO/IR systems include night vision goggles, weapon mounted sights, vehicle mounted optronics devices, thermal imagers, laser rangefinders, and designators. Naval based EO/IR systems include thermal imagery systems, infrared imaging and detectors, optronics mast systems, and surveillance and tracking systems. These systems assist in the battlefield with better visibility, tracking, and targeting of enemy locations.

GPS-enabled devices render large amount of assistance to a country's armed forces on battlefields. In addition to performing basic functions such as tracking and navigation, investments are being made to expand the operational range of GPS devices with the incorporation of new software and techniques. In 2015, the military GPS device market was valued at $1.26 billion, of which the airborne GPS devices segment held the major portion with a share of 44.51% and is forecasted to be 43.61% by 2020. The second largest segment, land GPS devices, currently has a share of 25.84%. Its value stood at $324.3 million in 2015 and is expected to reach $393 million (share of 26.05%) by 2020. The weapon systems GPS devices segment is expected to maintain nearly the same percentage of market share (around 17.8%) during the forecast period, with the revenue going up from $224.6 million in 2015 to $268.7 million in 2020. In addition, the market for GPS devices embedded in naval vessels is expected to increase its share from 11.76% in 2015 to 12.53% ($189.1 million in revenue) in 2020.

The field of MI surgery has undergone substantial growth over the past few years. MI surgeries have evolved both in terms of scientific and technical aspects. To perform surgery in such a way that leaves no visible scarring in the surgical area is a challenge for surgeons. The adoption of MI techniques for various surgeries started in 1970, and its applications are expanding at a rapid pace for many therapy areas. Technologies such as imaging guidance, digital fluoroscopy, high-resolution endoscopy, and robotic surgical tools with less invasive approach have become familiar. MI surgeries offer a great benefit over conventional open surgery and it is one of the most demanding procedures.

In the mining industry, one of the greatest challenges is to understand the exact location of the different minerals. An area of interest is mapped to gain the information. This is done by drilling exploratory holes in the ground in a specific pattern. The sample is collected from each drill hole and is qualitatively and quantitatively analyzed for traces of the desired minerals. A potential site can have large quantity of drill holes due to the large size of mines. Hence, many samples are generated, which are analyzed to determine the quality of the ore and the viability of digging. The outcome of such testing can confirm many investment decisions. As a result, accurate, repeatable, and quick analyses are required.

A mobile coupon refers to the electronic ticket that is solicited or delivered by the cell phone that can be exchanged for a financial discount or rebate while making a purchase of a product or service. Generally, the coupons are issued by the manufacturers of customer packed goods and services.

Modular instruments are devices that are used for the configuration of automated T&M equipment. They deliver open-software-defined solutions that offer more flexibility to users in terms of customizing their measurements and interfaces according to their needs. T&M equipment is used for the design, development, verification, maintenance, and repair of various electronic and mechanical products. Some of the electronic products that use T&M equipment are cell phones, semiconductors, digital cameras, MP3 players, and solar inverters. Some of the mechanical products that use T&M equipment are turbines, automotive suspensions, and aircraft propulsion systems. Automated T&M equipment enhances the efficiency, reliability, and accuracy of electronic/mechanical products under focus.

Electric vehicles date back to the early part of 18th century. In the early part of the 1930s, it is believed that the first small-scale model of an electric vehicle powered by an electric motor was designed. Then, in consecutive years, similar developments of small electric cars took place, which were powered by DC electric motors. In later decades, better and improved designs were forged with new developments and inventions in the field of electric motors. Such inventions increased capacity in storage and the vehicles became more practical. As the electric vehicles became more practical and functional, the government of various economies started supporting the development activities of electric vehicles. The governments of European economies like France and Great Britain first supported R&D in electric vehicles. An electric vehicle designed in 1899 named as ‘La Jamais Contente’ set the world land speed record at that time by a recording speed of 68 mph.

Belt drive is a combination of belt and pulley that facilitates freight transfer between the shafts. Other major applications of belt drives include clutching, power transmission, and synchronization of shafts. The global industrial belt drives market is fueled by the growing need to automate processes in both discrete and process industries. Therefore, belt drives have become an essential part of several industries as they ensure a robust and reliable industrial operations for several applications, ranging from conveyor systems to heavy-duty power transmission.

The global IVD instruments market is expected to grow at a steady rate during the forecast period. The factors like increasing older population, rise in incidence and prevalence of chronic diseases and infections are driving the market. Cancer, tuberculosis, malaria, diabetes, and cardiovascular diseases are the main factors for the rise in diagnosed population. In addition, increasing public awareness, rapid technological innovations, product approvals from regulatory authorities and launches are expected to positively influence the market growth over the next few years.

HEVs represent the transformation of the global automotive industry. HEVs are an amalgamation of ICE vehicles and electric vehicles (EVs). Currently, traditional ICE vehicles dominate the industry due to their tested and proven engine mechanism, performance, and buyers' preferences.