Global Radial Market Size & Outlook, 2022-2030
Global radial market, 2018-2030 (US$M)
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Global radial market highlights
- The global radial market generated a revenue of USD 24,407.2 million in 2022 and is expected to reach USD 32,277.8 million by 2030.
- The market is expected to grow at a CAGR (2023 - 2030) of 3.6% by 2030.
- In terms of segment, agriculture accounted for a revenue of USD 6,418.7 million in 2022.
- Chemical is the most lucrative end use segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2022.
- Country-wise, U.S. is expected to register the highest CAGR from 2023 to 2030.
Global data book summary
| Market revenue in 2022 | USD 24,407.2 million |
| Market revenue in 2030 | USD 32,277.8 million |
| Growth rate | 3.6% (CAGR from 2022 to 2030) |
| Largest segment | Agriculture |
| Fastest growing segment | Chemical |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Agriculture, Construction & Building Services, Water & Wastewater, Power Generation, Oil & Gas, Chemical |
Other key industry trends
- In terms of revenue, the North America accounted for 17.1% of the global radial market in 2022.
- By country, the China is projected to lead the global market in terms of revenue in 2030.
- By country, U.S. is the fastest growing regional market and is projected to reach USD 2,917.7 million by 2030.
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Radial Market Scope
Radial Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global radial market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to radial market will help companies and investors design strategic landscapes.
Agriculture was the largest segment with a revenue share of 26.3% in 2022. Horizon Databook has segmented the Global radial market based on agriculture, construction & building services, water & wastewater, power generation, oil & gas, chemical covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Radial End Use Outlook (Revenue, USD Million, 2018-2030)
- Agriculture
- Construction & Building Services
- Water & Wastewater
- Power Generation
- Oil & Gas
- Chemical
- Others
- Global Radial Configuration Outlook (Revenue, USD Million, 2018-2030)
- Single-Stage
- Multi-stage
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Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Global radial market databook
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Our clientele includes a mix of radial market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of global-level data and insights on the Global radial market , including forecasts for subscribers. This global databook contains high-level insights into Global radial market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Global radial size, by region, 2018-2030 (US$M)
Top 10 countries: Radial size, 2022 (US$M)
Global radial share, by end use, 2022 & 2030 (%, US$M)
Radial market: Opportunity assessment by country
Global radial market, by region, 2022 (US$M)
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