With computers becoming ubiquitous in almost every conventional industrial and institutional system, there arises a need for their use in applications/systems that were once considered to be invincible. These applications/systems include the implementation of vital processes in operational domains in extremely harsh and compact environments. This has propelled a fundamentally different approach to the redesign of conventional mechanical and automation systems to match unconventional applications. Industrial computers and advanced control systems that were introduced in the mid-1980s have undergone a dramatic transformation in terms of computing capabilities, design, and compatibilities.

The global small arms market is a growing market that has been witnessing the production of increased number of firearms over the years for various end users including civilian, military and others. The market has experienced a major transformation in the development and manufacture of small arms by different countries. The small arms industry has witnessed the development of different gun types for both commercial and military applications. Globally, some of the major applications in which different small arms find maximum usage include civilian (self-defense); military/armed forces, homeland security/law enforcement and government agencies; and hunting, shooting & sports activities. The global small arms market is expected to witness a substantial growth over the forecast period 2020-2025. The research study is based on extensive primary interviews (in-house experts, industry leaders, and market players), and secondary research (a host of paid, and unpaid databases), along with the analytical tools, that have been used to build the forecast, and the predictive models.

Precision parts manufacturing involves the manufacture of individual components/parts/items/pieces with a high level of accuracy. These precision products have tight tolerances and are generally manufactured in large quantities. Milling, turning, grinding, EDM, ECM, and other services are provided by manufacturers. Precision manufacturing is also referred to as a machining shop or machine shop, where metal works are carried out using machines such as lathes, automatic machines for screws, boring, milling, and grinding, among others. Materials apart from metals may also be used for fabrication at these facilities. The precision part manufacturers are OEMs that manufacture products for other companies, which use these to make the final product. Precision parts manufacturing makes use of technical knowledge in the following disciplines:

This report covers the study of the global plumbing component market. Comprehensive analyses of the market trends, future estimations, and thorough study of the market on the basis of application, product, propulsion system and region are included in this report. Plumbing equipment market includes equipment of different types depending on their application, product and propulsion system. Plumbing equipment are used to in plumbing activities. Further, the report highlights the regional trends, and the regional coverage of this market across North America, Europe, Asia-Pacific, and LAMEA (Latin America, Middle East, and Africa). It further provides insights on the drivers, restraints, and opportunities to understand the dynamics and potential of the plumbing equipment market.

Soil moisture sensor is an agricultural equipment, which measures the quantity of water content in the soil on the basis of volumetric or gravimetric methods. In agriculture, soil moisture sensor is connected to an irrigation system controller for measuring the soil moisture content in the active root zone before each scheduled irrigation event so as to bypass the cycle when the soil moisture content is above a user-defined set point. The scope of the report discusses the potential opportunities for the key players to enter the global soil moisture sensor market. Furthermore, it provides an in-depth analysis of the market, outlining current trends, key driving factors, and key area of investment. The report includes Porter’s five forces analysis to understand the competitive scenario of the industry and role of each stakeholder in the value chain. Moreover, it features the strategies adopted by key market players to maintain their foothold in the market.

Hand tools are the most conventional and inevitable equipment in the tools industry even today amid the surge in competition with the power tools segment. Despite the prominence of sophistication and technological impact, hand tools play a crucial role in every household and industrial activity. The consistent growth in the adoption of hand tools over the past few years owing to its performance and productivity signifies the niche probability of them being completely replaceable. The affordability, widespread presence, and proven efficiency ratio are further fuelling the demand for hand tools. Hand tools are an integral part of everyday life, and developing economies are the major end-users of hand tools, accounting for 65−70% share of the total tools utilized in 2019 in their respective markets. In recent years, DIY activities are driving the demand for hand tools like wrenches, hammers, and cutters in developed economies.

Traction motors are AC or DC electric motors that provide power to drive locomotives. Further, these motors offer high durability and deliver robust performance, owing to high power and superior mechanical susceptibility of heavy payloads. . The traction motors require high power to deliver the torque required to move the wheels, resulting in compact designs, efficient power-to-weight rations, and efficient cooling of the traction motors. Thus, torque motors have minimum torque ripple, reduced noise & vibrations, higher efficiency, and efficient cooling capabilities through open or forced ventilation. The growth of the global traction motor market is driven by volumetric surge in the transportation sector and the introduction of new vehicles, which are equipped with latest technologies. Moreover, increase in the requirement for advanced transports globally has led to the development and production of better and efficient traction system

The overview section of the report examines different segments such as product specifications, supply chain analysis, funding scenarios, and industry attractiveness through Porter’s five forces analysis. This analysis provides an in-depth understanding of the safety, security, and rescue robots market along with its ongoing developments. The key segments discussed in this chapter while studying the global safety, security, and rescue robotics market are as follows:

Methodical understanding of the core and adjacent markets as well as the industry changes, for critical assessment of business dynamics of robotaxi market in scope, including the drivers, challenges, and opportunities for various players Analysis of the impact of developments and initiatives made by governments as well as corporate stakeholders that influence the business environment for both market participants as well as customers Examination of competitor’s strategies and their recent developments for effective assessment of market movements at each level of the supply chain Supply chain analysis and supply and demand analysis for the identification of the key stakeholders in the robotaxi market Triangulation of supply-demand gaps with the business drivers and business challenges for the anticipation of business opportunities and new revenue pockets Industry attractiveness analysis for identifying whether new products, services, or businesses have the potential to be profitable in the robotaxi market

With the advancements in healthcare applications, such as companion diagnostics, biomarkers, and next-generation sequencing, the demand for precise drugs and tests has increased. This advancement has further enhanced the potential of precision medicine and the possibility of better outcome delivery. The global precision medicine market has been identified as one of the fastest emerging industries, owing to the changing dynamics of the legal and regulatory framework and the intense competitive rivalry among an array of public companies. The acceptance of precision medicine as an approach is regarded as one of the most noteworthy changes in the healthcare industry because of its ability to provide improved diagnosis, prognosis, and patient/individual treatment processes. Despite recent breakthroughs and growing momentum of precision medicine, there are still significant challenges and barriers hampering or slowing down its global implementation and integration in medical practices.