Increased adoption in machine vision-based applications across the industrial segment and demand for enhanced perimeter security across residential applications will further fuel the thermal imaging market demand.

The rapid development and growth of the global Solid State Batteries market is fuelled by factors, such as various government mandates to propel the growth of electric vehicles across the world, the increasing trend of integrating smart technologies and IoT into modern consumer devices, and growing applications in wearable technology and medical devices.

A rise in global healthcare costs coupled with increased awareness amongst consumers and expanding middle class population in developing countries have led to a sudden increase in demand for wearable medical devices.

The Digital Therapeutics market is expected to register significant growth over the forecast period owing to an increase in demand for online healthcare activities and modernization of healthcare delivery in the future aimed at preventative healthcare.