According to a new market intelligence report by BIS Research, the global smart farming market is expected to reach $23.14 billion by 2022, rising at a compound annual growth rate (CAGR) of 19.3% from 2017 to 2022.

The market growth is primarily attributed to the increasing demand for higher crop yield, the growing penetration of information and communication technology (ICT) in farming, and the increasing need for climate-smart agriculture.

According to a market research report by BIS Research, the Simultaneous Localization and Mapping (SLAM) technology market was estimated at $50 million in 2017 and is estimated to reach $8.23 billion by 2027.

According to a report by BIS Research, the global heating, ventilation, and air conditioning (HVAC) market was estimated at $172.37 billion in 2017 and is expected to reach $208.55 billion by 2024, growing at a CAGR of 2.6% during the forecast period. A number of factors are at play:

According to a new market research report by BIS Research, the global aquaponics & hydroponics systems and equipment market is expected to reach $1.98 billion by 2022. Compared to traditional agricultural and aquaculture practices, aquaponics and hydroponics systems help enhance productivity with minimum inputs.

According to a market research report by BIS Research, the global unmanned aerial vehicle (UAV) sense and avoid systems market was valued $508.7 million in 2016 and is expected to witness a growth rate of 38.90%, between 2016 and 2022 to reach a market value of $3.7 billion by 2022.

According to a new report by BIS Research, the global airborne LiDAR system market recorded a revenue of $732.4 million in 2016 and is expected to reach $1.5 billion by 2021.

According to a new market research report by BIS Research titled Global Automotive Regenerative Braking System Market - Analysis and Forecast: 2017–2026, the global regenerative braking system (RBS) market is expected to reach a value of $24.52 billion by 2026.

According to a new market research report by BIS Research, titled Global E-cigarette and T-Vapor Market, Analysis and Forecast (2017-2025), the global e-cigarette and t-vapor market is expected to reach a value of $86.43 billion by 2025.

According to a new market research report by BIS Research, the global surgical robotics market is expected to reach a value of $12.6 billion by the year 2025, owing to factors such as:

According to a new market research report by BIS Research titled Global Precision Medicine Market – Analysis and Forecast (2017-2026), the global precision medicine market is expected to reach a value of $141.7 billion by the year 2026, wherein the oncology market segment is expected to grow at a compound annual growth rate (CAGR) of 10.4% from 2017 to 2026.