Utility solar tracker market size was dominant with total installation of over 7.5 GW in 2015 and is estimated to grow at above 16.5% CAGR up to 2023. Single axis tracking systems are widely preferred in utility applications
Increasing refrigerants demand, particularly in Asia Pacific owing to the growth of industrial and automotive sector is expected to drive fluorochemicals market size growth.
3D scanning market was valued at over USD 1.5 billion in 2014 and is predicted to be the biggest industry segment. LED is the standard structured lighting technology owing to small size and low heat emissions.
Strong and consistent regulatory support, encouraging R&D spending, and enhanced use of diagnostics in home healthcare is likely to drive the global molecular diagnostics market size.
In terms of revenue, the lubricants market size was valued at USD 37 billion in 2014, which is expected to surpass USD 74 billion by 2022, at a CAGR of 8.5%. Increasing automobile sales is expected to drive lubricants market size.
Regulatory framework implementation by EPA and EU against nitrogen loss in underground water by using synthetic fertilizers is anticipated to drive biofertilizers market size.
Liquids such as pyrrolidinium, imidazolium, pyridinium, piperidinium, ammonium, morpholinium, sulphonium and phosphonium offer production flexibility owing to myriad combinations of anions & cations.
Installation & integration service was valued at approximately USD 6 billion in 2014. This can be primarily attributed to high demand across several small, medium and large-scale enterprises.
North America region was valued USD 41.73 billion in 2015 and is likely to account 22.95% market share by 2023. This can be attributed to increasing customers need for safety, comfort and convenience.