Progressing Cavity Pump Market Trends & Opportunities with Forecast 2024-2029
New Revenue Pockets:
The global progressing cavity pump market is forecasted to achieve a valuation of USD 3.6 billion by 2029, indicating growth from the estimated USD 2.8 billion in 2024, with a compound annual growth rate (CAGR) of 5.0% from 2024 to 2029.
Key Market Players
Some of the leading companies in this market are NETZSCH (Germany), SEEPEX (Germany), NOV (US), CIRCOR International...
Key Growth Strategies Adopted By Companies in Digital Twin Market Between 2015 and 2017
The growth of the digital twin market is driven by various factors such as rising demand for IoT in various industries; reduction in the manufacturing process time and cost; and 3D printing and 3D simulation software to create digital twin for manufacturing and supply chain management.
The digital twin market was valued at USD 2.28 billion in 2017 and is expected to reach USD 15.66 billion by 2023,...