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Instrumentation
Global Pumps Market 2023
It is anticipated that the global pumps market will witness a CAGR of 4.5% (in sales value terms) during the forecast period, leading to a projected value of USD 52,633 million by the year 2028. Factors shaping the global pumps market include the shift from…
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Instrumentation
Global Positive Displacement Pumps Market 2023
The global positive displacement pumps industry has seen strong growth, with the market size increasing from USD 7,474 million in 2020 to USD 8,858 million in 2023 at a CAGR of 5.8%. It is projected to reach USD 10,839 million by 2028, with a CAGR…
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Instrumentation
Global Centrifugal Pumps Market 2023
The revenue generated from centrifugal pumps experienced a significant recovery in 2023, primarily due to an increase in new order volumes. This surge in demand can be attributed to the higher need for pump replacement and aftermarket services observed among Pump Original Equipment Manufacturers (OEMs)…
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Chemicals and Materials
China PU (Polyurethane) 2024
In 2022, China’s consumption of polyurethane products (including solvents) was 12 million tons, slightly lower than the previous year. After experiencing a slump in 2022, the production volume of polyurethane raw materials and the consumption of polyurethane products in China showed an improved growth rate…
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Semiconductor and Electronics
Asia Pacific EV Semiconductor Market 2024
The market size of the EV semiconductor market in Asia Pacific in terms of revenue is expected to reach USD 35,177 million in 2029, representing a CAGR of 35.2% from 2024 to 2029. The Asia-Pacific region holds significant potential for EV penetration, particularly in densely…
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Semiconductor and Electronics
EMEA EV Semiconductor Market 2024
The EMEA region has witnessed a significant growth in the EV market, with Europe leading the way. In fact, Europe accounts for 99% of EV sales in the EMEA region and is also the primary hub for automotive semiconductor manufacturing. However, Europe had to overcome…
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Semiconductor and Electronics
Americas EV Semiconductor Market 2024
Within the Americas region, the United States, Canada, Mexico, and Brazil emerge as the primary contributors to the EV semiconductor market. Notably, Canada recently enacted significant regulations mandating that all passenger cars, SUVs, crossovers, and light trucks sold by 2035 must be zero-emission vehicles, aligning…
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Semiconductor and Electronics
Global EV Semiconductor Market 2024
The automotive industry has been a key driver of semiconductor consumption due to its transition towards connected, autonomous, shared, and electric (CASE) mobility. Many vehicles today are equipped with ADAS, paving the way for fully autonomous vehicles in the future. Furthermore, there has been a…
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Agriculture
Agricultural Robotic Equipment Market, 2024
The global agricultural robotic equipment market is projected to experience a compound annual growth rate (CAGR) of 20.6% from 2024 to 2029. It is anticipated that by 2029, the market will have reached a value of USD 51,149 million. The growth of this market can…
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Manufacturing
North America Heat Exchanger Market 2024
It is anticipated that the North America heat exchanger market will witness a compound annual growth rate (CAGR) of 5.3% (in value terms) during the forecast period, leading to a projected value of USD 5,409 million by the year 2029.The North American heat exchanger market…
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Manufacturing
North America and Europe Heat Exchanger Market 2024
The revenue generated from the North America and Europe heat exchanger market is expected to continue in the foreseeable future, with the North America and Europe heat exchanger market projected to grow at a compound annual growth rate (CAGR) of 5.0% between 2024 to 2029,…
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Manufacturing
Middle East and Africa (MEA) Heat Exchanger Market 2024
The Middle East and Africa (MEA) market size of heat exchanger increased gently from USD 975 million in 2020 to USD 1,100 million in 2023 at a Compound Annual Growth Rate (CAGR) of 4.1%. The heat exchanger market is anticipated to further increase to USD…