Rise in the automation of complex production systems led to an increase in the demand for components, which are proficient in providing important data regarding the production process. The ability of proximity sensors to work in hazardous conditions, such as extreme humidity and temperature, as well as in chemical processing applications, aided the growth of the proximity sensors market. Rising significance of no-contact sensing applications, along with the interest of automobile and aerospace manufacturers toward the integration of sensor technology in security and infotainment systems, is expected to boost the market opportunities for proximity sensors. Currently, in the automotive industry, there is an increasing demanding for lighter automobiles, especially for usage in electric vehicles. This is encouraging material change in automotive components from iron to aluminum. This, turn, is increasing mixed production lines containing iron and aluminium.

Off-highway vehicle engines growth is dependent on the growth rate of agricultural and construction machinery industries. Rising agriculture mechanization trend in developing countries and spike in residential and commercial construction projects worldwide are driving the construction and agricultural machinery markets.  The market size in terms of revenue for off-highway vehicle engines is dominated by Construction Machinery type followed, by Agricultural Machinery due to high initial cost of the former equipment type, compared to agricultural Machinery. The global construction machinery market is anticipated to grow, owing to the ongoing demand for construction of smart cities across the world and various mega construction, particularly in developing countries may increase the demand for the market. Out of the available range of Construction Machinery types, Excavators capture majority of the share in terms of revenue. The market for excavators was worth USD 28 billion in 2015 globally and is expected to capture 30% of the overall machinery sales over the forecasted period. Europe and North American Markets remained stable in terms of growth due to sluggish import demand from developing countries.

The wood preservative application is expected to continue to dominate the naphthenic acid market in the coming years. The products blended with naphthenic acid enhance the life span of wood-based products by providing them protection from decomposition, decaying, fire, microbes, and insects. The rising importance of wood preservatives to protect wooden products from decaying, decomposition, etc., is expected to remain a driving factor in the coming years. Further, the demand for solvent-based wood preservatives is rising in developing countries, owing to high penetration and lower cost. For instance, the demand for naphthenic acid in China is expected to rise at a great pace due to the increasing demand from furniture manufacturing companies for solvent-based intermediaries for the wood preservativeapplications.

Coatings are used for both interior and exterior purposes on yachts and other leisure boats. Yacht coatings for external applications are available in different variants, such as premium topcoats, high build surfaces, various protective primers, finishing primers, and antifouling paints. Additionally, interior topcoats are used for interior application.  There has been a growing demand for leisure boats around the world in the recent years, which, in turn, is surging the demand for marine antifouling coatings market. The tourism industry has been growing at a significant rate and with increasing popularity of coastal and marine tourism activities, the demand for leisure boats have increased over the years.  The global leisure boat market is set to experience favorable growth driven by factors, such as rising boating participation by adults, increasing high net worth population, rapid development of global tourism industry, and accelerating economic growth.

Migraine is a common neurological disease characterized by recurrent attacks of severe head pain. Often unilateral, the headaches can last from four hours to three days. Pain is often associated with other symptoms, such as nausea, vomiting, increased sensitivity to light, increased sensitivity to sound, sweating, and diarrhea. An increasing prevalence of migraine has been reported in women than men. However, it often remains undiagnosed and untreated. Despite improvements in the industry, migraine is still found to remain undiagnosed in at least 50% of patients, and less than 50% of migraine patients consult a physician. The majority of the drugs currently available are approved for the acute form of the condition, led by generic triptans as the first-line treatment. NSAIDs are the commonly used drugs for patients with migraine frequently used NSAIDs for migraine and is effective in treating acute migraine headache. Triptans also effectively relieve the pain associated with migraines.

The roles of independent fighting groups are continuously evolving in the modern battlefields. Data from recent combat operations reflect the high frequency of engagements with hostile weapon emplacements in various man-made and natural shelters that cannot be dominated solely using small arms or inferior firepower. The global armed forces are expected to face unprecedented threats on battlefields, where rapidly emerging technologies have substantially altered the balance of power.  The medium caliber ammunition market is expected to grow primarily due to the procurement and upgrade activities undertaken by armed forces to counter the emerging threats. Several contracts for military aircraft, helicopters, infantry fighting vehicles (IFVs) and armored personnel carriers (APCs) mounted with medium caliber turret guns are currently underway and many new contracts are anticipated to be dispersed during the forecast period, creating a parallel demand for medium caliber ammunition.

The users of maritime information gather data to have safety at sea, improve productivity, and ensure efficiency in marine operations. The maritime information offers regulatory compliance, enhances awareness, provides scientific and survey data, and monitors the environment for suspicious or illegal actions. With the ship traffic increasing across the world, it has become essential to improve safety and security and to safeguard the environment. For instance, during 2018, cargo traffic at major ports in India was reported at 679.36 million metric ton, as per the IBEF. In 2019, this traffic increased by 2.9% year-on-year to 699.05 million metric ton. Information exchange forms the basis for different segments within the maritime industry to coordinate with each other, in order to enable smooth functioning. Systems integrated with the maritime traffic monitoring capabilities and effective tracking systems, such as AIS (Automatic Identification System), SAR (Synthetic Aperture Radar), etc., have emerged as fundamental needs for vessels.

There has been a tremendous growth in hybrid vehicles all over the world, as these vehicles appeal to a much larger audience, when compared to full-electric vehicles. They combine the reliability, long-range drivability, and instant refueling benefits of petrol and diesel vehicles, with better fuel economy and smaller carbon footprint of electric vehicles. Globally, governments are offering many subsidies for customers purchasing electric and hybrid vehicles. For instance, in April 2016, a scheme worth USD 1.13 billion was introduced for plug-in electric vehicles. About USD 678 million was reserved for the purchase of subsidies, which went on till 2019. Another USD 339 million was allotted to finance the deployment of charging stations in cities and on the Autobahn highways. Nearly USD 113 million was allocated for purchasing electric cars for the federal government fleet.

The rising demand for automation combined with the growing application of IoT devices across various end-user ver ticals, such as heal thcare, consumer electronics, industrial, automotive, BFSI, and retail, are further witnessing growth in the adoption of IoT devices. According to the Internet & Television Association's estimates, by 2020, the number of IoT connected devices is expected to reach 50.1 billion from 34.8 billion in 2018. The growth can majorly be attributed to the integration of connectivity competence in a large number of devices and applications, along with the development of various networking protocols that have appreciably advanced the growth of the IoT chip market across various end-user industries. With the increase in sheer numbers of IoT devices, the chip requirement for building IoT devices is expected to skyrocket over the forecasted period. Along with this, the innovation in reducing energy consumption combined with miniaturization of chips is going to be the priority of manufacturers.

The evolution of user interfaces has allowed gesture recognition to emerge as an essential solution for a significant number of applications. The challenge of using big and bulky phones, which incorporate long antennas, physical switches, and buttons, has been overcome using advanced technology. With innovation, the touch-sensitive interaction was incorporated in trackpads, like the IBM Simon. Currently, the touchscreen interface of IBM Simon is an efficient and familiar interface for cellular phone users around the world. Gesture recognition technology is also used in smartphones in the form of recognition of hand gestures to wake the screen.