According to Stratistics MRC, the Global Light-Emitting Diode (LED) Grow Lights accounted for $546.08 million in 2019 and is expected to reach $2,896.41 million by 2027 growing at a CAGR of 23.2% during the forecast period. Need for energy-efficient and long-lasting lighting technology and rising trend of indoor farming would boost the adoption of light …
According to Stratistics MRC, the Global Chemical Vapor Deposition (CVD) Equipment Market is growing at a CAGR of 8.4% during the forecast period. Increasing demand for electronics among population, rising investment in semiconductor equipment, and technological advancement and development in CVD equipment are the major factors propelling the market growth. However, factors such as availability …
According to Stratistics MRC, the Global Ultra-low Alpha Metal Market is accounted for $3.16 billion in 2019 and is expected to reach $6.30 billion by 2027 growing at a CAGR of 9.0% during the forecast period. Development in automotive and aviation industries, rise in demand for products free from hazardous substances, and demand for intense …
According to Stratistics MRC, the Global High Speed Camera Market is accounted for $379.31 million in 2019 and is expected to reach $1,015.54 million by 2027 growing at a CAGR of 13.1% during the forecast period. Some of the key factors propelling the market growth include growing use of high-speed cameras in entertainment & media, …
According to Stratistics MRC, the Global Solid Oxide Fuel Cell Market is accounted for $593.24 million in 2019 and is expected to reach $4,301.55 million by 2027 growing at a CAGR of 28.1% during the forecast period. Increasing demand for energy-efficient power generation, favorable government investments and rising environmental concerns are driving the market growth. …
According to Stratistics MRC, the Global Oilfield Integrity Management Market is accounted for $11.85 billion in 2019 and is expected to reach $35.76 billion by 2027 growing at a CAGR of 14.8% during the forecast period. Increasing focus on remote monitoring of oilfields for process optimization and automation and stringent government regulations regarding environmental safety …
According to Stratistics MRC, the Global Power Plant Boiler market accounted for $19.80 billion in 2019 and is expected to reach $36.12 billion by 2027 growing at a CAGR of 7.8% during the forecast period. Increasing demand for electricity and rising consumption of clean fossil fuel are driving the market growth. However, high capital requirement …
According to Stratistics MRC, the Global Commercial Water Heaters Market is accounted for $5.02 billion in 2019 and is expected to reach $8.96 billion by 2027 growing at a CAGR of 7.5% during the forecast period. Flourishing global commercial sector, increasing demand for energy-efficient water heaters, and integration of commercial water heaters with new-age technologies …
According to Stratistics MRC, the Global Oil & Gas Pumps Market is accounted for $6.08 billion in 2019 and is expected to reach $11.68 billion by 2027 growing at a CAGR of 8.5% during the forecast period. Some of the key factors propelling the market growth include the continuous shale development activities, the development of …
Oil & Gas Pumps Global Market Outlook to 2027, Market Share Analysis, Trends & Forecast Read More »
According to Stratistics MRC, the Global Submersible Pumps Market is accounted for $10.69 billion in 2019 and is expected to reach $20.84 billion by 2027 growing at a CAGR of 8.7% during the forecast period. Rising investments in the construction industry, rapid urbanization, and high command for submersible pumps in the agricultural sector are the …