Drones were originally designed for military applications. The global commercial drone market is expected to grow at a CAGR of 17% up to 2023 across diversified industries.

Owing to rapidly evolving emission standards and the rise of fuel prices between 8 to 15%, the acquisition, and charging of electric vehicles (EV) is expected to produce a downtrend of up to 4% for commercial EVs.

The hyper-scale data center market is expected to grow to $80.65B by 2022 at a CAGR of 26.32%. There are more than 500 hyper-scale data centers in the world.

Power electronics enable solar grid integration and grid modernization technologies, as the forecast suggests that 80% of electricity would need some form of power electronics.

The two-way voice was one of the first commercial applications of radio technology. It was first implemented in the patrol cars of the New Jersey Police Department in 1993; since then, it evolved beyond public safety and positioned itself as an invaluable tool for mobile professionals in the areas of transportation, education, building construction, energy, etc.

Precision agriculture technology is becoming more widely accessible around the globe. New handheld devices and technology can measure plant and soil health, giving farmers the information necessary to accurately calculate fertilizer requirements, water management, and monitor yield.

Product design needs to integrate both supply chain complexity and the manufacturing process. Picking the right supply chain approach is as important as selecting the manufacturing method to help with fast product ramp-up and reduced time to market.

As the restrictions on sales of non-essential goods get relaxed, e-commerce has begun showing impressive growth across the globe as social distancing promises to be the new normal.

Consumer electronics shopping behavior on post-COVID lists would be for bigger ticket purchases, such as land, vehicles, interiors, and smart interactive gadgets, such as televisions, tablets, gaming consoles, cameras, and wearables.