We maintain our forecast and project that the market will expand by a 2017-2022 CAGR of 8.8% in local currency terms, which will see it rise to THB66.7bn by 2022. The market will continue to benefit from the positive outlook for the country's real GDP growth over the coming years. The National Legislative Assembly passed a supplementary budget that included an additional THB100bn (0.7% of 2017 GDP) in spending in March, which we expect to provide additional impetus to growth in 2018. We forecast the economy to grow by an average of 3.5% over the next five years as the country's new constitution should provide policy continuity regardless of the election outcome, and continued business environment improvements boost productivity.

The report presents the analysis of the global actuators and valves market based on type, application, and geography. Based on type, the market is bifurcated into actuators types and valve types. Electric actuators are more preferred type of actuators and the largest revenue contributor as it is fast and performs well in harsh conditions such as in high pressure and temperature. The global actuators and valves market is further analyzed by several valve types such as quarter-turn valves, multi-turn valves, and control valves. Various applications of actuators and valves are in oil & gas, paper & pulp, mining, water & wastewater, food & beverages, energy & power, automotive and others (chemical, iron & steel, and construction) sector. Moreover, the market report provides a brief analysis based on its distribution across geographical regions including North America, Europe, Asia-Pacific, and LAMEA.

The report comprises of the study of the world micro-irrigation systems market that focuses on the type of micro-irrigation systems. The report incorporates the study of micro-irrigation systems, focusing on the various growth prospects and restraints in the market. The study highlights Porter’s Five Forces analysis for the market that comprises of the impact of suppliers, competitors, new entrants, substitutes, and buyers on the market. The study also depicts the value chain analysis for the microirrigation systems market.

Growing population in Asian countries such as China, India and others are increasing need for better infrastructure such as houses, schools, hospitals, stadiums, government buildings, airports and other. For instance, Government of India has expected investment of INR 50 trillion for infrastructure projects, this signifies the upcoming demand for construction machinery in the country. The Indian government also has launched many plans for infrastructure development such as “Bharatmala scheme” which includes provision for improving road network throughout country.

We have estimated the overall the general surgery devices market by segmenting it into three levels—type, application, and geography. Based on type, the market has been segmented into disposable surgical supplies, open surgical instruments, energy-based & powered instruments, minimally invasive surgery instruments, medical robotics & computer-assisted surgery devices,

The global smart cities market is anticipated to witness lucrative traction over the forecast period. The advancement in information communication infrastructure and growing focus on sustainable living is expected to drive the market growth over the forecast period. The primary intent behind the implementation of smart cities is to enable citizens to control the entire functioning and governance of the city. This would not only empower the citizens to take part in the key decisions affecting the city but also have their grievances addressed through the support of digital platforms.

We have estimated the gynecological device market based on products. Products include surgical devices, hand instruments and diagnostic imaging devices. Surgical device segment has further been segmented into endoscopy devices, endometrial ablation, fluid management systems, and female sterilization devices. Hand instruments include vaginal speculums, tenaculums, curettes, trocars, biopsy forceps, and others.

We have estimated the global gas turbine service market by segmenting it based on six parameters, namely turbine type, capacity, service, spare part suppliers, end users, and region. Based on turbine type, the global gas turbine service market has been categorized into three segments including heavy duty, industrial, and aeroderivatives.

Autonomous emergency braking system or AEBS is a new safety technology increasingly being fitted to vehicles; it monitors the traffic conditions ahead and automatically stops the car if the driver fails to respond to an emergency situation. AEB is seen by experts as an important development as the seatbelt, but rather than protecting the occupant in the event of a crash, it aims to prevent the crash occurring in the first place. The application of AEBS is engaged in advanced driver assistance system (ADAS).

Wearable technology market can be segmented based on product into wrist-wear, eye-wear, foot-wear, neck-wear, body-wear and others. Wearable technology is used for fitness & wellness, healthcare, infotainment, defense, and enterprise & industrial. Growing awareness to monitor vital health related statistics is anticipated to drive healthcare application segment over the forecast period. Some of the healthcare products available in the market include 9Solutions IPCS, Metria Wearable Sensor, PolyPower, etc.