The global surgical instrument tracking devices market is expected to grow at a CAGR of 9.16% for the forecast period 2021-2031. Leading market players strive to retain a competitive edge by having a good presence in key markets and offering a diverse product range. The market has witnessed a total of 32 key developments over the five years (January 2016-March 2021), with a majority of them being product offerings and upgradation accompanied by partnerships, alliances, and business expansions. Efforts are being made to bring more technologically innovative goods to market, each aimed at a particular unmet need. With the launch of new and updated devices with improved features, surgical instrument tracking devices technology has become increasingly possible to unlock new use cases.

The average battery price declined by nearly 46% between 2015 and 2019. According to the latest estimates, the average battery pack price for 2020 was pegged at around $ 140 per KWh. Frost & Sullivan estimates the price of Li-ion batteries to be at around $100 per kWh over the next three to five years, from $350 per kWh in 2015. As demand gathers momentum and as more and more large, global-scale battery facilities come online, production costs, along with the average price, are expected to register further declines, thereby inching closer to the coveted tipping point, where the gap between ICE vehicles and EVs disappears. The falling prices and proliferation of battery vehicles, coupled with the increasing energy density of vehicles are, in turn, expected to have a strong impact on the growth in demand for battery materials throughout the forecast period.

Increasing developments, such as advanced SCADA and communication technologies, are driving the substation market. The communication channel is an integral part of the substation automation as all the IEDs and monitoring devices that are located at the substation and on the field generate data that has to be passed on to the utility data center, which is remotely located. However, the lack of interoperability and global standards are restricting industry growth. Manufacturers in the industry are increasingly focusing on building common standards to eliminate the issue.

Industrial battery is used in remote, difficult-to-reach areas where equipment/devices are required to be selfpowered, and recharging & replacement of batteries is difficult or is not possible. The basic components equipped in these batteries majorly include cathode, anode, and electrolyte, out of which the cathode occupies around 30% of the overall battery cost. For the purpose of analysis, the report segments the global industrial batteries market based on type, application, and region. The report provides information about various types of industrial batteries available in the market such as lithium-ion battery nickel-based, and lead-based. The application covered in the study include telecom & data communication, uninterruptible power supply (UPS), energy, equipment, grid storage, and others. Moreover, it analyzes the current market trends of industrial batteries across different regions such as North America, Europe, Asia-Pacific, and LAMEA and suggests the future growth opportunities.

Automotive Door Handle Market have a positive outlook regarding the growth of the automotive industry. The Automotive Door Handle Market is matured one and likely to grow strongly in APAC region. There is potential for high demand in North America and Europe as well. Companies are collaborating with existing players in the Asia Pacific due to the abundance of population with growing need for the car modification. The rising need to provide safety to the driver and the passenger of the car is leading to the demand for efficient Automotive Door Handles system. Furthermore, the technological advancements in the field of automotive sector has surged the demand for electronic latch that leads to increase vehicle safety and security concerns. These significant factors are thus propelling the Automotive Door Handles system market.

A femtocell is a fully featured, low-powered, small, cellular base station. A femtocell is connected to a mobile number service provider network by a typical broadband and cable service. Femtocells are small and they can replace Wi-Fi routers. They are basically designed for residential or office establishments. The femtocells that are designed for home support around four connections, whereas commercial femtocells typically support connections up to 16 users. This is a cost-effective solution that is used for high-speed internet. The report focuses on the growth prospects, restraints, and femtocells market analysis. The study provides Porter’s five forces analysis of femtocell industry to understand the impact of various factors such as bargaining power of suppliers, competitive intensity of competitors, threat of new entrants, threat of substitutes, and bargaining power of buyers on the femtocells market trends.

The market for Double Suction Pump is growing strongly and poses a lucrative option for marketers. The overall growth in the market is seen both in developed and developing nations due to advancement in technology and growing awareness.

Anticipated growth in control center market can be attributed to growing urbanization and industrialization, increasing demand for industrial automation and mechanization, expansion of manufacturing sector, increasing industrial plant uptime, and rising use of electric motors in key industries such as chemicals & petrochemicals, power generation, metals and mining. Additionally, growing awareness and regulations pertaining to energy saving are further expected to positively influence the control center market in the forecasted period. The rising investment in smart industries will enhance the demand for industrial control panels and hence Asia and Latin America are expected to pose a strong growth momentum for the global control center market over the forecast period. The manufacturers and installers are having wider opportunity to enhance their revenue by capturing new contracts or orders over the forecast period. Further, the growth renewable energy production and distribution have also positively influenced the installation of new industrial control center

The global AI in operating room market is in the initial stages with significant potential for growth during the forecast period, 2021-2030. The current market landscape involves hardware and software solutions that are deployed in operating rooms with AI and computer vision technology supporting the surgical teams to improve the output with added safety. The current barriers for conventional operations include factors such as lack of resources, training, languages, staff turnover, and the available skill level. AI solutions deployed in the operating room can stay up to date with surgical events and cross-check them with a large database of information. Thus, it can aid the surgical team in planning the next steps and predict outcomes. There are other types of algorithms that perform other functions, such as operating room management, scheduling, and tracking.