The pool equipment industry is undergoing a rapid shift with respect to technological enhancements, energy efficiency, environmental impact and customization features. Heat pumps, which are more favorable and preferred options for space heating, are venturing into the pool heating segment owing to the unique advantages over conventional fuels and boilers. They are considered as the next big opportunity to exploit in the heating systems for a pool with competitive fossil fuels and solar heaters in the picture. With North America and Europe being the major markets with over 85% of the share in 2019, growth is expected in growing economies of APAC, Latin America owing to the rise in awareness and growth in disposable income. Global warming is caused by various heating mechanisms that emit pollutants in the air that eventually increases carbon dioxide in the atmosphere. Hence, decarbonizing society is mandatory, where decarbonizing heating and cooling mechanisms are the primary steps for the change. With gas boilers being more dominant for heating pools, the demand for sustainable solutions is enhancing the momentum for heat pumps. With the technology available at present, it is possible to achieve 100% decarbonatization as heat pumps are the most popular solutions in the market. The success of the product also depends on the macro-environmental features such as social, legislative, and environmental aspects.

Power cutters are prominent tools that have unlimited applications across most industrial, commercial, and even household usage. Power cutters have been a convenient resource, aiding workers across industries. The use of power cutters can eliminate the need for strenuous manual labor. Their use in the construction and automotive sectors gives new opportunities for innovation in the power cutters market. The global power cutter market is highly competitive with low market concentration. However, the average price of the product has been declining owing to the maturing technology and declining prices of raw materials. Vendors are, thus, introducing innovative features to differentiate their products in the market. The introduction of innovative products, such as infrared heat guns, can also become a possible threat to the market. However, infrared heat guns are not ideal for all commercial, industrial, and residential use. Furthermore, these products are also more expensive than the average price of heat guns.

The global pump market is expected to grow continuously during the forecast period. Regions such as APAC and Europe are expected to witness significant demand in the market, followed by North America. However, the Middle East and Latin America are likely to develop opportunities with the opening of new water management, construction, oil & gas, and mining projects. Major economices, which include APAC, the Middle East, and North America are expected to take the most competitive industrial initiatives. Moreover, several manufacturing plants for LNG liquefaction and large plant for gas-to-liquids are in the planning stage in several countries, which are expected to generate a high demand for pumps in the oil & gas sector in the future with growth in the infrastructure.

Water well drilling can be done either mechanically or manually and the equipment differs from simple & cheap to sophisticated. These services are provided to industrial sectors, agricultural sectors, household sectors, commercial sectors, educational sector, and others. The global water well drilling services market is analyzed on the basis of its prospects and future growth rate. The report highlights numerous factors that influence the growth of the market. These include market forecast, drivers, restraints, opportunities, and role of different key players operating in the market.

Based on class, the market has been segmented into small and large UAVs. Small UAVs are of different types based on their wing such as fixed wing, rotary wing, and hybrid wing UAVs, whereas the large UAVs can be classified as strategic, tactical, and special purpose UAVs. Small UAVs are used by commercial, consumer as well as government and defense end users. However, a major percentage of small UAVs is used by hobbyists. The government and defense end users also use small UAVs for a varied range of applications in homeland security and military.

A smart gas meter not only measures gas flow but also use wireless communication to connect to local or wide area networks that allow infrastructure maintenance, remote location monitoring, and automatic billing. In gas utility application, the meters must function for long periods and convey data regularly. A combination of smart metering technology with sensors for smart valves, gas pressure, and gas leak detectors on the same network represent a concrete response for gas utilities to enhance safety and improve overall efficiency. The Internet of Things (IoT) ecosystem help drive the smart gas meter market, as these can provide real-time data for various purposes and end-use industries such as residential, commercial, and industrial. With leveraging big data analytics, they can also shift from cutting costs as the main benefit of finding benefits for consumers and organizations. Some of the vendors are offering wireless solution for smart gas metering, which consists of WAVIoT gas meters and the meter data management system that allow them to get the consumption reports from the meters remotely.

Photolithography, also known as optical lithography, is a process used to create specific patterns on semiconductor wafers using a photosensitive material and an ultraviolet light exposure system by transferring pattern from masks to wafers. This process can fetch a pattern into an integrated circuit using a beam of ultraviolet light without any requirement of additional materials. Photolithography controls the exact size and shape of the substrate to be patterned, making the process highly efficient and cost-effective. It has been a dominant method for patterning nanoscale features, especially in microelectronics industries.

Land survey equipment products, such as GNSS systems, total stations & theodolites, levels, 3D laser/laser scanners, unmanned aerial vehicles, and other equipment, are used for inspection & monitoring, volumetric calculations, and layout points in industries, including construction, oil & gas, agriculture, mining, disaster management, and others. The land survey equipment market is segmented into product, industry, and application. On the basis of product, the market is divided into GNSS systems, total stations & theodolites, levels, 3D laser/laser scanners, unmanned aerial vehicles (UAVs), and others. Depending on industry, it is classified into construction, oil & gas, agriculture, mining, disaster management, and others. Based on application, it is segregated into inspection & monitoring, volumetric calculations, and layout points.

A surge in the number of autonomous vehicles can be witnessed in recent years. The need to increase drivers’ safety and ease their driving experience has resulted in an increased number of autonomous vehicles. These vehicles are integrated with multiple sensors and data processors, such as cameras, to perform driver-assisted features. Therefore, an increase in the number of autonomous vehicles ultimately drives the adoption of high precision asphere lens in the cameras used in those vehicles. The usage of fully autonomous vehicles allows the drivers to utilize their journey time in performing additional activities like working, accessing entertainment, and thereby increasing the drivers’ comfort. Also, using fully autonomous cars may solve the industry’s manpower shortage. For instance, according to American Trucking Associations, the U.S. fell short of 48,000 truck drivers in 2016, and this number can grow up to 170,000 in the next ten years. With the help of driverless trucks, this shortage of labor can be slowed. The addition of self-driven vehicle fleet may lead to innovative modes of traveling/transporting. Users may use cars based on pay-per-use models, including car-pooling, cab sharing, and peer-to-peer car rentals. These factors are expected to reduce vehicle owners’ efforts and will, therefore, contribute to the growth in the demand for autonomous vehicles. Thus, given the advantages of autonomous vehicles, an upward-facing trend is anticipated in the coming years that would certainly increase the demand and consumption of the aspherical lens as they provide improved accuracy of the focal point, greater focal length range, and sharper and clearer image formation.

Heat transfer fluids (HTFs) are gases or liquids specifically manufactured for the purpose of transmitting heat from one system to another. These fluids are manufactured from highly refined petroleum, synthetically formulated hydrocarbons or siloxanes (silicone). They provide high temperatures at very low system pressures and also offer safety, low maintenance, and extended operating lifetimes as major benefits. The report mainly emphasizes on heat transfer fluids and their types, which include mineral oil, synthetic fluids, glycols, and others. The report also analyzes the current trends and future opportunities in several end-use industries such as chemical, oil & gas, food & beverages, pharmaceuticals, renewable energy, automotive, HVAC & refrigeration, and others.