Power modules consist of multiple discrete power semiconductor devices. Power module packages offer higher power density and are more reliable than discrete power semiconductors. Original equipment manufacturers will continue to demand modular power solutions, which can be integrated easily into different subsystems and used in many different devices, during the forecast period. Power modules are widely used in applications such as in inverters for wind converters, photovoltaic solar energy systems, and other renewable energy applications. They are also used in industrial motor drives and hybrid and electric vehicles (EVs).

Lithotripter is a non-invasive device that helps in breaking the kidney stones by passing electromagnetic shock waves from outside the body. The device provides a nonsurgical method of destroying/pulverizing stones into small pieces that are capable enough to excrete naturally through individual's urine. Very few lithotripsies are performed through MI procedures that expose individuals to a lower concentration of anesthesia.

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.

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.

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.

A hysteroscope is a device that is used to see inside the uterus during a procedure. It carefully analyses the uterine cavity and detects the cause of infertility. It is also helpful in detecting intrauterine lesions, myomas, malformations, carcinoma, and polyps present inside the uterus. Hysteroscopy also provides treatment for abnormalities and is effective in improving pregnancy rates in sub-fertile women. The reasons for adopting hysteroscopy is due to the prevalence of gynecological problems such as bleeding between periods, after menopause, and after sex. The treatment usually takes 35 to 40 minutes.

CVT in two-wheelers is generally used in the scooter segment. Almost all scooters are now equipped with CVT whereas most of the motorbikes are equipped with manual transmission technology. Unlike manual transmission, CVT does not have gear shift but instead has infinite gear ratios, whose transition takes place almost seamlessly without any manual intervention. CVT technology uses pulleys connected through a belt, which helps in gear changing. It chooses the optimal gear ratio along with its variable range between the lowest gear ratio and the highest gear ratio and thus provides transmission to the engine unlike the manual transmissions, which provide transmission through the manual shifting of gears.p>