In 2023, the worldwide timing devices market yielded revenue of USD 5,518.8 million, and it is forecasted to experience a compound annual growth rate (CAGR) of 7.3% from 2024 to 2030. By 2030, it is anticipated to reach a total revenue of USD 8,893.2 million.This can be credited to the growing attention of people in electric products, like wearable...
Showing posts with label Key Players. Show all posts
Showing posts with label Key Players. Show all posts
Adaptive Cruise Control Will Reach USD 53.1 Billion By 2030
In 2023, the market for adaptive cruise control is estimated at USD 16.4 billion and will increase to USD 53.1 billion by 2030 with a growth rate of 18.5% over the period 2024 to 2030. This growth of the market can be credited to the rising requirement for autonomous cars due to safety concerns, continuous enhancements in sensor tech, and government...
Particle Counters Market Will Reach USD 1,069.6 Million by 2030
The projected value of the worldwide particle counters market will be approximately USD 549.1 million in 2023, with an anticipated growth to reach USD 1,069.6 million by 2030. This represents a compound annual growth rate (CAGR) of 10.2% over the period from 2024 to 2030.The...
APAC Is Dominating Cryogenic Pump Market
In 2021, the cryogenic pump market size stood at USD 1,407.6 million, which is projected to witness a 3.1% CAGR during 2021–2030, reaching USD 1,860.1 million by 2030. P&S Intelligence majorly credits this growth to the increasing installation of such pumps in the metallurgy,...
Enactment of Strict Emission Regulations Driving Demand for Automotive Elastomers
The automotive elastomers market was USD 34.6 billion in 2023, and it will power at a compound annual growth rate of 5.7% by the end of this decade, to touch a value of USD 50.6 billion in 2030. The increasing consciousness of the numerous advantages of these materials, for example, noise and emission reduction, boost in performance, and safety...
Gravity Energy Storage Market is Booming Due to Rising Adoption of EVs
The gravity energy storage market will generate USD 217.8 million by the end of 2023, which will power at a considerable rate of 77.9% in the years to come, touching USD 12,231.5 million by 2030. This will be because of the robust emphasis on renewable energy resources, acceptance...
Inertial Navigation System Market Will Reach USD 16,111.8 Million by 2030
The inertial navigation system market generated revenue of USD 10,812.8 million in the past, which is expected to reach USD 16,111.8 million by 2030, advancing at a CAGR of 5.1%.The market for inertial navigation systems is significantly driven by the defense industry. For precise...
Optimal Heat Transfer Solutions: Exploring the Plate-and-Frame Heat Exchanger Market
The size of the plate-and-frame heat exchanger market will power at a compound annual growth rate of 5.7% during 2022-2030, to touch a value of USD 8912.9 million by 2030.The gasketed-type category held significant share of around 40% owing to the fast technological advancements...
What All to Consider While Choosing a Metal Cleaning Chemical?
Metals are used in high amounts in almost every industry for numerous works, and where there is a use of metals in abundance, it is hard to deny the importance of metal cleaning chemicals. In this blog, you will read about, what all to keep in mind while choosing a metal cleaning...
Sustainable Solutions for Enhanced Performance: Exploring the Recycled Elastomers Market
The recycled elastomers market was USD 8,921.8 million in 2022, and it will touch USD 19,781.2 million, advancing at a 10.5% compound annual growth rate, by 2030.The growth of the industry is mainly credited to the strict government rules, rising consciousness of recycling benefits,...
Textile Finishing Chemicals Market Will Reach USD 11,983.2 Million by 2030
The global textile finishing chemicals market size stood at USD 8,897.2 million in the past, and it is expected to advance at a compound annual growth rate of 3.8%, to reach USD 11,983.2 million by 2030.Demand for textiles with improved functionality is rising, including moisture...
Acetone Market Will Reach USD 9,590.9 Million by 2030
The acetone market will grow at a compound annual growth rate of 7.4% in the years to come, to touch a value of USD 9,590.9 million by the year 2030.Acetone is water-white, volatile, combustible, and mixable in water. Due to its high rate of evaporation and excellent usability...
Vinyl Sulfone Market Growing Significantly in North America
The vinyl sulfone market will advance at a rate of 3.1% by the end of this decade to touch USD 2,711.2 million by 2030.It is an organic compound used in the manufacturing of reactive dyes. These dyes are mainly put to use in the textile sector for tinting and dyeing of textiles....
Obesity/Surgery Devices Market Set for Prosperity in Future
The rising prevalence of obesity and increasing awareness about bariatric surgery amongst the obese people are the biggest factors responsible for the surge in the demand for obesity/bariatric surgery devices across the world. According to the statistics published by the American...
