Variable Frequency Drive Market Towards Huge Growth in the Coming Years
New Revenue Pockets:
The global variable frequency drive market is expected to grow at a CAGR of 4.8% to USD 26.8 billion by 2027, up from an estimated USD 21.2 billion in 2022. The increasing power generation worldwide fueling the demand for global Variable frequency drive.
Various types of variable frequency drives are available in the market that can be customized according to the requirement...
Heat Pump Water Heater Market: Opportunity by the Numbers
The global heat pump water heater market size is projected to reach USD 2.1 billion by 2026 from an estimated value of USD 1.4 billion in 2020, at a CAGR of 6.8%. Factors driving the growth of the heat pump water heater market include the energy efficient technology along with the usage of non conventional sources of energy to heat the water. In addition, supportive regulations and grants for...
Progressing Cavity Pump Market is Projected to Reach $2.8 billion in 2027
According to the new market research report “Progressing Cavity Pump Market by Pumping Capacity (Upto 500 GPM, 501–1000 GPM, Above 1000 GPM), Power Rating (Upto 50 hp, 51–150 hp, Above 150 hp), End User (Oil & Gas, Water & Wastewater, Others), Product Type, Stage Type and Region – Forecast to 2027” The progressing cavity pump market is expected to grow at a CAGR...
Centrifugal Pump Market to Reap Excessive Revenues by 2026
Centrifugal Pump Market Scenario:
The global centrifugal pump market size is projected to reach USD 48.8 billion by 2026 from an estimated value of USD 36.6 billion in 2021, at a CAGR of 5.9%. The key drivers for the centrifugal pump market include intensified demand for water and wastewater management in developed countries; surged investments in global construction industry; high demand for centrifugal...
Diaphragm Pumps Market Reviewed for 2022 with Industry Outlook to 2027
New
Revenue Pockets:
The global 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 is primarily being driven by the growth of the water and wastewater treatment industry, which is expected to experience further growth due to the stringent wastewater treatment...
Energy Efficient Motor Market to See Huge Growth in Near Future
The global energy
efficient motor market is projected to reach USD 41.6 billion by 2023 from
USD 30.3 billion in 2018, at a CAGR of 6.5% between 2018 and 2023. The major
factors driving the growth of the energy-efficient motor market are energy
savings and the subsequent cost over traditional motors, increasing
governmental support worldwide towards the adoption of energy-efficient motors,
rising...
Energy Efficient Motor Market Size to Reach $41.6 Billion by 2023
The global energy-efficient
motor market is projected to reach USD 41.6 billion by 2023 from USD 30.3
billion in 2018, at a CAGR of 6.5% between 2018 and 2023. The major factors
driving the growth of the energy-efficient motor market are energy savings and
the subsequent cost over traditional motors, increasing governmental support
worldwide towards the adoption of energy-efficient motors, rising...
Cryogenic Equipment Market: High demand for industrial gases from the metallurgy and energy industries to Drives Market
Cryogenic Equipment Market New Revenue Pockets:
The global cryogenic equipment market
is projected to reach USD 17.1 billion by 2025 from an estimated USD
12.6 billion in 2020, at a CAGR of 6.4% during the forecast period.
Rising demand for LNG across regions is creating demand opportunities
for cryogenic equipment. Also, the increasing number of air separation
units projects are driving the...
Progressing Cavity Pump Market Research, 2026 | Surging Enhanced Oil Recovery to Aid Expansion
Progressing Cavity Pump Market Overview:
The global progressing cavity pump market size is projected to reach USD 5.9 billion by 2026, at a CAGR of 6.0%, from an estimated USD 4.4 billion in 2021. The key drivers for the progressing cavity pump market include use of PCPs in enhanced oil recovery and upstream processes and Intensifying need for water & wastewater management in developed nations. ...
Water Desalination Equipment Market in Middle East & Africa Foreseen to Grow Exponentially by 2026
According to the new market research report “Water Desalination Equipment Market Technology (Reverse Osmosis, Multi-stage Flash Distillation, Multiple-effect Distillation) Application (Municipal, Industrial) Product (Membranes, Pumps, Evaporators), and Region-Global Forecast to 2026″ The global water desalination equipment market is projected to reach USD 11.2 billion by 2026. The...