Valve Remote Control System Market May Set New Growth Story
Global Valve Remote Control System Market Overview:
The valve remote control system market is expected to grow from an estimated USD 6.4 billion in 2018 to USD 8.0 billion by 2023, at a CAGR of 4.73%. An increased need for industrial valves from oil & gas production is likely to drive the valve remote control system market.
On the basis of type, the pneumatic segment is expected to...
High Demand in the Agricultural Sector Expected to Drive the Growth of Submersible Pumps Market
The submersible pumps market is projected to reach USD 15.5 billion by 2025 from an estimated USD 11.2 billion in 2020, at a CAGR of 6.7% during the forecast period. High demand for submersible pumps in agricultural sector, and increasing investments in construction industry attributing to rapid urbanization are the key factors driving the growth of the submersible pumps market. Likewise, adoption...
Aviation Actuation System Market Signs of Evolving Industry Conditions
The global aviation actuation system market in China, Russia, and North America has been witnessing rapid growth over the past decade. Increase in demand for aircraft in this region fuels growth in the aviation sector. The Middle East is one of the regions where passenger traffic is expected to grow over the next 10 years. It is becoming one of the world’s busiest airline market, given the world-class...