The cryogenic pump market is expected to reach USD 1.5 billion by 2027, at a CAGR of 4.6% from 2022 to 2027
The global cryogenic pump market is projected to reach USD 1.5 billion by 2027 from an estimated market size of USD 1.2 billion in 2022, at a CAGR of 4.6% during the forecast period.Owing to the rising demand for cryogenic gases from the metallurgy and energy & power industries, the demand for cryogenic pumps is expected to increase.
“Non-Submersible segment dominates the global market”
The cryogenic pump market, by design, is segmented into submersible and non-submersible. The non-submersible segment is estimated to be the largest segment of the cryogenic pump market and is expected to retain its dominance throughout the forecast period. The characteristics such as ......
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The global floor grinding tools market size is projected to grow from USD 124 million in 2022 to USD 155 million by 2027, at a CAGR of 4.5% from 2022 to 2027.The growth of the floor grinding tools market is attributed to their high demand in griding, polishing and burnishing applications. Demand for commercial spaces such as offices, shopping malls, educational institutions and retail outlets will drive the demand for floor grinding tools for commercial purposes.
“Diamong wings sub-segment under the grinding segment to be the largest application of floor grinding tools ”
Diamond wings, diamond plates, and polycrystalline diamond (PCD) wings tools are widely used in floor grinding operations. Diamond is considered a super hard material, and diamond tooling has many advantages c......
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“The growth of the water and wastewater treatment industry, and spurt in oil & gas activities are set to drive the diaphragm pumps market”
The diaphragm pumps market is projected to reach USD 7.6 billion by 2027 from an estimated USD 6.1 billion in 2022, at a CAGR of 4.5% during the forecast period. The global diaphragm pumps market has a promising growth potential driven primarily by factors such as the growth of the water and wastewater treatment industry, as well as the spurt in oil & gas activities globally.
A diaphragm pump is a type of positive displacement pump which consists of one or more pumping chambers alternately filled and discharged by the movement of a flexible diaphragm. Hence, liquid flows inside a diaphragm pump with cyclic flow.This cyclic action of th......
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“Increasing demand for concrete flooring to augment the growth for floor grinding machines”
The global floor grinding machines market size is projected to grow from USD 303 million in 2022 to USD 356 million by 2027, at a CAGR of 3.3% from 2022 to 2027. The growth of the floor grinding machines market is attributed to their high demand in residential, commercial, and industrial sectors. Demand for commercial spaces such as offices, shopping malls, educational institutions and retail outlets will drive the demand for floor grinding machines for commercial purposes.
Concrete floor grinding machines are not only used for grinding concrete floors but are also used for polishing marble and granite countertops. The ability of these machines to work on concrete and other materials, incl......
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The industrial filtration market is expected to reach USD 45.2 billion by 2027, at a CAGR of 6.2% from 2022 to 2027
The global industrial filtration market is projected to reach USD 45.2 billion by 2027 from an estimated market size of USD 33.5 billion in 2022, at a CAGR of 6.2% during the forecast period. The key drivers for the growth of the industrial filtration market include government mandates and policies for environmental protection, the need for safe working
Environments in industrial facilities, increased demand for equipment reliability and extended lifecycle, and industrial development in developing countries.
The liquid segment is expected to be the largest segment of the industrial filtration market, by type, during the forecast period
The industrial filtration ma......
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“Increasing demand for plain bearings is propelled by the growth of various end-use industries and increasing investments in infrastructure, new industrial projects, and the development of heavy machinery”
The global plain bearing market size is estimated at USD 10.0 billion in 2021 and is projected to reach USD 13.0 billion by 2026, at a CAGR of 5.2% between 2021 and 2026. The market is propelled by the growth of various end-use industries. Increasing investments in infrastructure, new industrial projects, and the development of heavy machinery in China, India, the US, Germany, and Brazil have also boosted market growth.
“Journal as type is anticipated to grow at the highest CAGR during the forecast period”
The journal type segment contributed the largest share to the glo......
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“The gas engines market is projected to grow at a CAGR of 4.1% from 2022 to 2027”
The gas engines market is projected to reach USD 5.8 billion by 2027 from an estimated USD 4.8 billion in 2022, at a CAGR of 4.1% during the forecast period. The global gas engines market is driven by the rising demand for clean and efficient power generation technology, increase in the use of distributed power generation systems, and stricter emission regulations. The increasing inclination towards gas-fired power plants, and adoption of natural gas as a transition fuel are expected to offer lucrative opportunities for the gas engines market during the forecast period.
“The natural gas segment, by fuel type, is expected to be the largest market from 2022 to 2027”
The fuel type segment is cat......
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The land survey equipment market is estimated to be USD 7.7 billion in 2021 and is projected to reach USD 9.9 billion by 2026, at a CAGR of 5.3% from 2021 to 2026. Growth of this market can be attributed to the rise in trade of survey equipment, developments in the renewable energy sector, and transportation sector.
“Advancements in networking for GNSS applications to drive the market for land survey equipment during the forecast period”
Global Navigation Satellite System (GNSS) refers to the technical interoperability and compatibility between various satellite navigation systems, such as modernized GPS and Galileo, among others. Wireless communication and network systems offer a new line of GNSS applications by sending differential position corrections to GNSS users. Timing acc......
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“Increase in the demand for flexible paper packaging for residential, commercial and residential construction activities, globally is projected to drive the overall growth of the flexible paper packaging market across the globe from 2021 to 2026.”
The global flexible paper packaging market size is projected to grow from USD 64.4 billion in 2021 to USD 79.1 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 4.2%. The global flexible paper packaging industry has witnessed high growth primarily because it is lighter in weight, cost-efficient, and uses less material as compared to other forms of packaging. The growth of the flexible paper packaging market is attributed to its high efficiency and cost-effective nature. Flexible packaging is particularly useful in industries tha......
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The SATCOM on the move market is projected to grow from USD 17.7 Billion in 2021 to USD 42.8 Billion by 2026, at a CAGR of 19.3%. SATCOM equipment is an integral part of the communication in commercial and defense industry. The deployment of low earth orbit (LEO) satellites and constellations of satellites for communications applications has increased their demand across the globe. Other factors driving the market growth include growing demand for Ku- and Ka-band satellites, and the growing fleet of autonomous and connected vehicles used for various applications in the military and commercial sectors, which require customized SATCOM-on-the-move antennas.
The SATCOM on the move market is dominated by a few globally established players such as Thales Group (France), L3Harris Technologies ......
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