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Showing posts from July, 2023

Single-use Filtration Assemblies Market Analysis, Key Manufacturers, and Growth Forecast 2023 to 2033

 The global  single-use filtration assemblies market  is predicted to be worth US$ 3.53 billion in 2023 and rise to US$ 19.28 billion by 2033. Initially, the global market was expanding at a CAGR of 19.8% from 2018 to 2022. Smaller batch sizes, increased demand for customized treatments, and the need for adaptive and scalable solutions are the leading factors fostering the development of single-use technologies in the pharmaceutical industry. Spending on pharmaceutical research and development for the product has increased, since single-use assemblies are essential to both small- and large-scale biopharmaceutical production. The increasing use of single-use filter assemblies has raised questions about the impact single-use plastics have on the environment. The single-use filter assemblies sector is growing, thus the industry must come up with plans to reduce waste and promote sustainability. Download a sample to obtain additional highlights and key points on various marke...

System on Module Market: Emerging Technologies, Demand Analysis & Forecast 2023 to 2033

 The  system on modules market  is expected to be worth US$ 1.15 billion in 2023, rising to US$ 4.65 billion by 2033. The market is expected to grow at a CAGR of 15% during the forecast period. Urbanization, digitization, online presence, and the adoption of advanced Artificial Intelligence technology are driving the growing demand for system on module. Improving the performance of consumer electronics such as smartphones, laptops, tablets, and computers is propelling the market forward. Electronic manufacturers design a chipboard in the system to perform specific tasks, increasing the demand for system on module. The advancement of 5G, the Internet of Things, and other advanced technologies drives market growth. Several end-use industries are increasing their use of system on module, including transportation, medicine, industrial automation, and entertainment. The growing demand for high accuracy, advanced memory, and a low risk of system errors is driving the adoption o...

Oil Filled Transformer Market: Trends, Drivers & Growth Potential 2023 to 2033

 The  oil-filled transformer market  is expected to be valued at US$ 39.41 billion in 2023, rising to US$ 73.98 billion by 2033. During the forecast period, the market is expected to grow at a CAGR of 6.5%. The expanding need for oil-filled transformers is being driven by urbanisation, modernisation, population growth, and fast infrastructural development. Furthermore, rising power consumption, renewable energy, and network development are propelling market growth. Furthermore, greater awareness of the importance of upgrading obsolete energy systems and implementing smart grids is boosting the use of oil-filled transformers. Emerging economies in several developing countries and growing technical advancement are flourishing market opportunities. End-users demand power generation and distribution on a large scale are increasing the demand for oil filled transformer. Furthermore, manufacturers are expanding electricity infrastructure and refurbishing grid networks whic...

Industrial Motors Market Analysis, Key Players, Segments & Forecast 2022 to 2032

 The worldwide  industrial motors market  is estimated to develop at a 3.5% CAGR from 2022 to 2032, reaching a value of more than US$ 917.3 million in 2032. Several government entities, like the European Water Association (Europe), the Environmental Protection Agency (US), and the India Water Works Association (India), are actively drafting legislation and regulations governing water disposal and reuse programmes. The Environmental Protection Agency (EPA) in the United States, for example, has made it essential for companies to purify water before disposing of it. In this regard, specifications for maximum allowed contamination levels have been devised. Furthermore, severe government laws have been put in place for the construction of water projects to produce power, handle water waste, and stop deposit exploitation, among other things. These industrial water and wastewater projects are expected to have a direct impact on the growth of the industrial motors market from 20...

Polymer Seals Market: Overview, Segmentation & Competitive Analysis 2022 to 2032

 The global  polymer seals market  is anticipated to be worth US$ 11.3 billion by 2022. According to Future Market Insights (FMI), the market will develop at a 5.1% CAGR from 2022 to 2032. Polymer seals are utilised in many sectors, including as oil & gas, aviation, aerospace, and cars. Polymer seals outperform traditional sealants in high temperature and corrosion resistance, both of which are key needs in all of these sectors. Between 2022 and 2032, these features are predicted to stimulate demand for polymer seals. All sectors that employ polymer seals, according to FMI, will likely accelerate in the next years, driving the polymer seals industry ahead. Increasing defense budgets of governments are also expected in the coming years, which should generate further demand for polymer seals. For instance, the governments of India and China have been observed to increase their spending on defense in recent years, particularly for upgrading their respective air forces by...

Plucker Machine Market Analysis, Key Players, Segments & Forecast 2023 to 2033

 The  plucker machine market  is expected to grow at a CAGR of 4.5% from 2023 to 2033, from a value of US$ 1,593 million in 2023 to US$ 2,474 million. The plucker machine market is a small but growing niche. The majority of its work is in agriculture, which also includes small-scale chicken farming and the gathering of fruits and vegetables. The plucker machine is becoming more and more well-liked as a replacement for traditional harvesting techniques because of its ability to reduce labour costs and increase efficiency. In addition to their use in agriculture, pluckers are employed in the production of animal leather and fur. When compared to the 4% CAGR recorded between 2016 and 2022, the sheep handling equipment business is predicted to expand at a 4.5% CAGR between 2023 and 2033. The average growth of the market is expected to be approx 62.2% between 2022 and 2033. Request Sample Copy of this Report @ https://www.futuremarketinsights.com/reports/sample/rep-gb-16254 Au...

Power-to-X Market: Competitive Analysis, Growth Strategies & Forecast 2023 to 2033

 During the forecast period, the  power-to-x market  is expected to develop at a CAGR of 9.8%. The market is predicted to achieve a market share of US$ 484 million by 2033, from a revenue of US$ 190 million in 2023. The ongoing search for sustainable power resources, as well as the growing demand for green hydrogen for transportation needs, have fuelled the adoption of power-to-X technologies. Governments that are constructing infrastructure for generating clean and green power that reduces carbon footprints and maintains a livable environment are looking for innovative technologies that limit the growth of carbon emissions. As a result, increased demand for power-to-X technology is anticipated during the projection period. People’s growing awareness of climate change and alternative energy resources has led to the adoption of electric automobiles and other low-emission gadgets that run on hydrogen power. Green hydrogen can be produced using power-to-X technology in conju...

Aseptic Processing Market: Key Players, Applications, and Regional Analysis 2023 to 2033

 Over the forecast period, the global  aseptic processing market  is expected to grow at a moderate rate of 6.13%. In 2023, the aseptic processing market is expected to be worth US$ 95.63 billion. Demand for aseptic processing is expected to reach US$ 173.37 billion by 2033. One of the main factors driving the global aseptic processing market is the constantly expanding food and beverage sector, which is driven by rising demand for dairy and other ready-to-drink beverages globally. Due to factors such as rising urbanization, increased discretionary spending, and the emergence of new economies, the global aseptic processing market is expected to grow significantly during the forecast period. Furthermore, the growing demand for innovative biotechnology-based injectable pharmaceuticals is driving rapid expansion in the pharmaceutical industry, which in turn is expected to unleash a wave of unprecedented freedom for the global aseptic processing hardware market. Demand f...

Hydrogen Combustion Engine Market Analysis, Key Players, Segments & Forecast 2023 to 2033

 The global  hydrogen combustion engine market  is projected to have a high-paced CAGR of 9.78% during the forecast period. The market for hydrogen combustion engines is currently valued at US$ 18.22 billion in 2023. The market for hydrogen combustion engines is expected to reach a high of US$ 46.31 billion by 2033. The key factors driving hydrogen combustion engine adoption are government efforts to promote the use of fuel cell cars, an increase in demand for fuel cells in automotive and transportation, and an increase in demand for passenger transportation. Internal combustion engines have been around for a long time. Despite this, OEMs are shifting their focus to natural gas and hydrogen-powered engines due to rising crude oil prices, strict emission regulations, fuel supply security, and noise pollution. This is clearly going to help the In addition, an increase in government and other organizational support for the development and commercialization of refue...