Baby carriers provide mobility and hands-free convenience of carrying babies while performing other activities. The global baby carriers market is growing at significant rates in APAC and ROW. An increase in the number of dual-income families and the increased awareness about child health and safety have led to the high demand in these regions. The global market will grow at a CAGR of 3.68% during the forecast period.

Developing countries have registered considerable economic growth in the past few years. With most of these countries also seeing healthy birth rates and improving healthcare conditions, along with growing disposable incomes, the demand for baby care products will also likely grow over the next few years. Baby health and personal care products are convenient to use and have evolved with time in terms of product innovation and materials used in manufacturing. The baby bottles segment of the baby health and personal care products market has seen considerable growth in recent years, and it is expected to continue along the same trajectory during the forecast period. Technological innovations and the growing number of working women are further set to propel the growth of the market.

Nuclear applications held the largest share of the market in 2015, accounting for 95% of the total market. Zirconium alloys are mostly used as materials for cladding nuclear fuel. They are also used for making core structural components for watercooled nuclear power reactors worldwide. 95% of metallic zirconium is used in nuclear reactors to make fuel rods that contain uranium pellets. France, the US,and Russia are the major markets for zirconium in nuclear applications Asia-Pacific (APAC) is the fastest-growing zirconium market with a CAGR of 7.33% and is expected to reach 1.78 million metric tons by 2020. The market is dominated by China, which holds a share of almost 70% of the market. The market in APAC is growing at a fast pace mainly because of increased demand from emerging countries such as China and India and stable demand from major consuming economies such as Japan, Indonesia, and Australia.The ceramics segment accounted for 56.83% of the global zirconium market in 2015. Zircon is used as an opacifier for ceramic tiles, and zircon sand is used as glaze emulsion in ceramics. The key applications of zirconium in the ceramics segment include tableware, sanitary ware, and tiles. Zirconium is also used for manufacturing laboratory equipment as it can withstand high temperatures. It is also used in some diesel and jet engines and is suitable for manufacturing portable devices. For instance, in 2016, Apple patented its protective zirconia enclosure for table devices.

The low manufacturing cost of wrist wearable devices in China is driving the market in APAC.The sales of the Apple Watch are expected to slow down by the end of 2016 as the customers are waiting for the release of the new generation watch — Apple Watch 2 — by the end of 2016. However, with the development of newer hardware and an evolving ecosystem, Apple will dominate the market throughout the forecast period.The Android-based smartwatches are expected to give a tougher competition to the Apple watch that released in 2015 in terms of market size and share by 2020.Pebble's smartwatch, with its unique software in combination with affordable hardware, will fuel its growth in the market. However, competitive pressures will cause it to lose share gradually to giants like watchOS and Android Wear.

The global wind turbine market is expected to witness major demand from emerging economies in APAC such as India and China. For instance, India is likely to expand its wind power capacity by adding 4,000 MW per annum over the next five years; whereas, China's wind power capacity is expected to reach 217 GW by 2020.Gearbox bearing costs account for over 50% of the overall wind turbine bearing costs. Technological advances and an increase in R&D in direct-drive turbines,which do not require a gearbox, are expected to hinder the growth of the global wind turbine bearing market.The decline in the levelized cost of energy (LCOE) of wind power and the growth in renewable energy targets worldwide are projected to result in increased installation of wind turbines. During the forecast period, developed economies in Europe such the UK and Germany are expected to invest more in the offshore wind power generation segment. Technological advances in turbines and decline in the LCOE of offshore wind power — from $110/kW in 2014 to $84/kW in 2015 — are the key factors driving investments in this segment.

The global wellhead equipment market is expected to grow at a CAGR of 2.91% owing to the constant production and exploration from reservoirs.In recent years, crude oil prices have fluctuated and the price has become less than $27/bbl. However, despite this fluctuation, the production of crude in major countries has remained constant and sometimes increased. This has led to consequent growth in the wellhead equipment market.Hangers account for the largest share of the wellhead equipment market, and it is expected to maintain its lead during the forecast period.

A significant part of the demand in the global welding safety market will arise from the construction and manufacturing sectors, which jointly accounted for nearly 50% of the overall market in 2015.The demand for welding will increase over the forecast period, especially from the manufacturing industries in developing countries. As welding is extensively used in the manufacturing industries, the rising demand for welding will, in turn, increase the demand for welding safety.Welding is one of the major processes in the construction industry. The global construction output is expected to grow by 85% to reach $15 trillion by the end of 2030. The global construction industry will grow at an annual rate of 4% until 2030,which is higher than the projected global GDP growth rate of 3% per annum.The implementation of robotic welding technology and automated welding technology will significantly limit the market growth as the demand for manual welding will decline. Automated welding solutions offered by companies like Lincoln Electric and Gullco International help end-users execute welding with the highest efficiency. Increased output, improved quality, and reduced overall cost propel endusers to adopt robotic welding. This will decrease the demand for welders, in turn,decreasing the demand for welding safety equipment in the market.

The global automotive industry is experiencing a period of high profitability and strong growth, with annual sales reaching the pre-recession peak. This is mainly due to the rise in globalization and urbanization that have improved the living standard of people, which, in turn, is increasing their purchasing capacity. The global automobile market is at present dominated by the US, but market projections predict that the market will see a shift toward China, with the Chinese automobile market expected to grow at the rate of 12.6%. On the other hand, the US automobile market is projected to grow at a rate of 6.1% during the forecast period.The forecast period is likely to be a real game changer for the software associated with waterjet cutting machines. Though the software is used in the main cutting models, the trend is now shifting toward machine intelligence. For instance, OMAX has developed a new software Intelli-CAM that helps to generate 2D and 3D paths of the tools. This helps to create the tool path and attributes of 3D cutting before it is fed to the waterjet cutting machine.

In 2015, the water-soluble paints segment was the largest product segment of the global waterborne coatings market, accounting for 49.5% market share. These paints are predominantly used in the developed economies, such as the US and Europe because they have low VOC content. These paints are used for coating automotive parts, such as interior body parts to prevent them from corrosion and mechanical stress.In 2015, the architecture industry was the largest end-use segment of the global waterborne coatings market, accounting for 32% market share. The growth of the housing and construction markets in APAC is contributing to market growth, with China as the leading consumer of waterborne architectural coatings. In APAC,infrastructure spending is expected to reach $8.85-$8.95 trillion by 2025 from $4.3-4.4 trillion in 2015.In 2015, APAC was the largest geographical segment of the global waterborne coatings market, accounting for 39.5% market share. APAC is expected to be the fastest-growing region (CAGR 5.8%) in the global waterborne coatings market.This fast-paced growth of the waterborne coatings market in APAC was attributed to rapid industrialization and the flourishing automotive industry. Countries such as China and India will drive the demand for waterborne coatings in the region.

In this report, Technavio covers the present scenario and growth prospects of the global vital signs monitoring devices market for 2016-2020 (base year: 2015; forecast end year: 2020). These devices are used as a first choice or alternative device to monitor health of patients. To calculate the market size, we use the revenue generated from the sales of vital signs monitoring devices.