The global permanent magnets market size was valued at USD 22.18 billion in 2023 and is expected to expand at a compound annual growth rate (CAGR) of 8.7% from 2024 to 2030. The rising prominence of renewable energy sources, such as wind and solar, is anticipated to positively aid the ma... Read More »
August 2023The global air compressor market size was valued at USD 25.46 billion in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 4.7% from 2024 to 2030. Stringent environmental regulations and a growing emphasis on sustainability have led industries to adopt more environm... Read More »
August 2023The global food service equipment market size was valued at USD 35.97 billion in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 7.1% from 2024 to 2030. Changing food consumption patterns, increased demand for takeaways and the expanding hospitality sector are som... Read More »
August 2023The global silicone sealants market size was valued at USD 3.81 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 6.0% from 2023 to 2030. The growth is majorly driven by the growing consumption of silicone sealants in the construction industry. The increa... Read More »
August 2023The global structural steel market size was valued at USD 117.12 billion in 2023 and is likely to register a compound annual growth rate (CAGR) of 5.9% from 2024 to 2030. Infrastructural developments, in both developing as well as developed countries, are anticipated to remain the primar... Read More »
August 2023The global industrial air filtration market size was valued at USD 7.43 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 6.3% from 2024 to 2030. The rising need to control industrial air quality across various industries, including cement, food & be... Read More »
August 2023The global battery cooling plate market size was estimated at USD 395.0 million in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 37.4% from 2023 to 2030. The growth is expected to be favorably impacted by the green energy initiatives adopted by governments world... Read More »
August 2023The global lignin market size was estimated at USD 1.08 billion in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 4.5% from 2024 to 2030. Increasing demand for lignin in animal feed and natural products is anticipated to drive growth. The product is widely utiliz... Read More »
August 2023The global flooring market size was valued at USD 277.67 billion in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 5.4% from 2024 to 2030. Increasing demand for aesthetic, superior, and durable floor covering solutions and changing consumer trends in floor design... Read More »
August 2023The global railway wiring harness market size was valued at USD 2.5 billion in 2019 and is expected to grow at a compound annual growth rate (CAGR) of 8.9% from 2020 to 2027. Wiring harnesses are mainly used for transmitting electric power and signals from the source to the given system ... Read More »
August 2023The global artificial turf market size to be valued at USD 3.8 billion by 2025 and is expected to grow at a compound annual growth rate (CAGR) of 5.4% during the forecast period. Increasing demand for easy to maintain, durable, and cost-effective flooring products for their use in o... Read More »
July 2023The global heat treated steel plates market size was valued at more than USD 5.8 billion in 2019 and is anticipated to expand at a compound annual growth rate (CAGR) of 3.9% from 2020 to 2027. Increasing shipbuilding activities primarily in Asia Pacific countries, such as Japan, Sou... Read More »
July 2023The global bolts market size to be valued at USD 55.3 billion by 2028 and is expected to grow at a compound annual growth rate (CAGR) of 4.3% from 2021 to 2028. The rising adoption of automated bolt fastening systems coupled with the growing penetration of carbon and alloy bolts in ... Read More »
July 2023The global stepper motors market size was valued at USD 4.6 billion in 2018, expanding at a compound annual growth rate (CAGR) of 4.1% from 2019 to 2025. Rising growth of the robotics and automation industry has increased the need for stepper motors that can fit in confined spaces. Motor... Read More »
July 2023The global escalators & moving walkways market size was valued at USD 12,654.0 million in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 5.4% from 2023 to 2030. Factors such as changing lifestyles, urbanization, and the growing preference for public transport... Read More »
July 2023The global servo motor market was valued at USD 8.8 billion in 2017 and is anticipated to exhibit a CAGR of 6.4% over the forecast period. Servo motors are the most sophisticated motion control devices. They incorporate advanced design methods, high-force magnet materials, and precise di... Read More »
July 2023The global sealing and strapping packaging tapes market size was estimated at USD 18.55 billion in 2019 and is expected to expand at a compound annual growth rate (CAGR) of 4.8 % from 2020 to 2027. Exponentially rising demand for the product for securing shipments in developing economies... Read More »
July 2023The global environmental test chamber market size was estimated at USD 946.6 million in 2022 and is projected to grow at a compounded annual growth rate (CAGR) of 3.0% from 2023 to 2030. The increasing number of regulations in end-use industries such as aerospace & defense and automotive coupled with the growing... Read More »
July 2023The global gas cleaning technologies market size was estimated at USD 31.83 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 4.9% from 2023 to 2030. The growth of the market can be attributed to a sustained rise in the number of energy and power plants, ... Read More »
July 2023The global dolomite market size was valued at USD 1.80 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 6.8% from 2023 to 2030.Rising penetration of steel products in end-use industries such as construction, automotive, and energy is anticipated to augme... Read More »
July 2023