The Demand for Pressure Vessels Will Reach USD 68.2 Billion by 2030

 The pressure vessel market will touch USD 68.2 billion by 2030, propelling at a rate of 4.60% in the years to come. This is because of the increasing global thermal energy requirement, growing chemical manufacturing, and budding need for clean energy all over the world.Steel...

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APAC Is Dominating Medium Voltage Protection Relay Market

As per a report by P&S Intelligence, the global medium voltage protection relay market generated a value of USD 1,337.0 million in 2022, and it will grow at a 7.5% CAGR, to touch USD 2,971.4 million, by 2030. This can be credited to the rise in the requirement for electricity...

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Perforating Gun Market Will Touch USD 1,733 Million by 2030

 As per a report by P&S Intelligence, the perforating gun market generated a value of USD 1,112 million in 2022, and it will advance at a 5.70% CAGR, to touch USD 1,733 million, by 2030. The growth of the industry is mainly due to the increasing oil and gas profits...

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APAC Emerges as the Leader of the Shore Power Market

 The shore power market will advance at a double-digit rate in the years to come, to touch USD 3,932 million by 2030. This is mainly because of the increasing demand for curtailing carbon emissions and noise pollution from all over the world. Furthermore, installations...

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Healthcare Smart Card Reader Market Will Reach USD 2,642 Million by 2030

As per a statement by a market research institution, P&S Intelligence, the healthcare smart card reader market generated a value of USD 953 million in 2022, and it is projected to generate a value of USD 2,642 million, growing at a 13.60% compound annual growth rate, by...

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Food Preservatives Market Will Reach USD 4,175 Million by 2030

The total value of the global food preservatives market was USD 3,098 million in 2022, and it will rise at a growth rate of above 3.8% shortly, reaching USD 4,175 million by 2030, according to P&S Intelligence.Artificial flavors play an important role in the thriving food...

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District Heating Market Will Grow the Fastest in APAC

The district heating market will power at a rate of 5.6% in the years to come, to touch USD 262 billion by 2030, as per P&S Intelligence.The key trend in the industry is the use of renewable heat sources, for example bioenergy, solar–thermal, heat pumps, and geothermal,...

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