Press Releases from Transparency Market Research (73739 total)
Advanced Wind Turbine Blade Materials Market to Hit USD 9.8 Billion by 2034, Gro …
The global advanced wind turbine blade materials market is set for steady growth, fueled by a reduction in fossil fuel dependency and significant R&D investments in new materials. Valued at US$ 5.0 Bn in 2023, the market is expected to expand to US$ 9.8 Bn by 2034, registering a compound annual growth rate (CAGR) of 6.3% over the forecast period. This positive trajectory is driven by governmental investments in renewable…
FLNG Terminals Market to Reach USD 68.9 Billion by 2034, Driven by Soaring LNG I …
The global floating liquefied natural gas (FLNG) terminals market is set for robust expansion, driven by an increased focus on reducing carbon emissions and the growing adoption of natural gas in the transportation sector. Valued at US$ 21.3 Bn in 2023, the market is forecast to surge to US$ 68.9 Bn by 2034, reflecting a compound annual growth rate (CAGR) of 11.3% during the forecast period.
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E-beam Cross-Linked Marine Cables Industry Set to Reach USD 13.6 Billion by 2034 …
The global e-beam cross-linked marine cables market is witnessing robust growth, propelled by an increased emphasis on safe navigation, robust communication systems, and significant investments in oil & gas infrastructure. Valued at US$ 6.3 Bn in 2023, the market is expected to more than double and reach US$ 13.6 Bn by 2034, registering a compound annual growth rate (CAGR) of 7.3% during the forecast period.
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Global EMC Shielding and Test Equipment Market to Reach USD 17.0 Billion by 2034 …
The global EMC Shielding and Test Equipment Market was valued at USD 9.5 billion in 2023 and is projected to grow at a CAGR of 5.3% between 2024 and 2034, reaching USD 17.0 billion by the end of the forecast period. A new market research report reveals that this growth is primarily driven by increasing demand for consumer electronics, growing electric vehicle (EV) adoption, and ongoing investments in telecommunications and…
Micro-electromechanical System (MEMS) Market to Reach US$ 28.6 Bn by 2034 | Grow …
The global micro-electromechanical system (MEMS) market is on a trajectory of robust growth, poised to reach a valuation of USD 28.6 Bn by the end of 2034, expanding at a CAGR of 4.4% from its 2023 value of USD 17.7 Bn. This steady ascent is driven by a convergence of technological innovation, surging demand in the consumer electronics and healthcare sectors, and widespread adoption of miniaturized smart devices.
Market Overview: MEMS…
Glass Wafer Carrier Market Outlook 2031: Industry Set to Surge at 19.2% CAGR, Re …
The global glass wafer carrier market was valued at US$ 551.1 Mn in 2023 and is projected to grow at a CAGR of 19.2% from 2024 to 2031, reaching a market value of US$ 2.2 Bn by 2031. Glass wafer carriers, predominantly made from borosilicate and alumino-borosilicate, play a vital role in semiconductor processing due to their thermal resistance, structural stability, and sustainability. These materials ensure the safety and accuracy…
Power Filtering Market Outlook 2031: Rising Demand Across Industries Fuels Growt …
The global power filtering market was valued at US$ 510.7 Mn in 2022 and is projected to reach US$ 815.8 Mn by 2031, expanding at a CAGR of 5.4% from 2023 to 2031. The growth is driven by increased adoption of sensitive electronic systems across sectors such as aerospace, defense, EV infrastructure, and telecommunications.
Market Overview: Power filters play a crucial role in maintaining stable electrical environments by mitigating electromagnetic interference…
RF Passive Components Market Outlook 2031: Industry Set to Reach USD 6.5 Bn by 2 …
The global RF passive components market was valued at USD 4.1 Bn in 2023 and is projected to reach USD 6.5 Bn by 2031, growing at a CAGR of 5.8% from 2024 to 2031. This growth trajectory is fueled by rapid advancements in telecommunications, medical electronics, and automotive connectivity. According to analysts, innovations in 5G networks, defense applications, and wireless medical devices will remain key drivers, presenting numerous growth avenues…
Sonochemical Coatings Market Surges: From US$ 1.9 Billion in 2021 to US$ 6.0 Bil …
The global sonochemical coatings market, valued at US$ 1.9 billion in 2021, is poised for remarkable growth, projected to reach US$ 6.0 billion by 2031, driven by a robust compound annual growth rate (CAGR) of 13.5% from 2022 to 2031. Sonochemical coatings, produced using ultrasonic techniques, offer enhanced durability, corrosion resistance, and eco-friendly properties, making them vital in industries like automotive, aerospace, and healthcare. This article explores the market dynamics,…
Bio-Based Bisphenol-A Market Rockets: From US$ 54.4 Million in 2022 to US$ 262.1 …
The global bio-based bisphenol-A market, valued at US$ 54.4 million in 2022, is set for explosive growth, projected to reach US$ 262.1 million by 2031, driven by a robust compound annual growth rate (CAGR) of 19.1% from 2022 to 2031. Bio-based bisphenol-A, a sustainable alternative to petroleum-derived bisphenol-A, is increasingly vital in producing eco-friendly polycarbonates, epoxy resins, and other polymers used in automotive, electronics, and packaging industries. This article explores…
Industrial Salts Market Thrives: From US$ 13.3 Billion in 2022 to US$ 21.0 Billi …
The global industrial salts market, valued at US$ 13.3 billion in 2022, is poised for robust growth, projected to reach US$ 21.0 billion by 2031, driven by a compound annual growth rate (CAGR) of 5.2% from 2023 to 2031. Industrial salts, primarily sodium chloride, are essential in applications ranging from chemical manufacturing to water treatment and de-icing. This article explores the market dynamics, key drivers, challenges, and future opportunities shaping…
Neurocosmetics Market Growth Accelerates with 7.9% CAGR, Reaching US$ 4.1 Billio …
The global neurocosmetics market, valued at US$ 1.8 billion in 2023, is poised for substantial growth, with projections estimating a CAGR of 7.9% from 2024 to 2034. By the end of this forecast period, the market is expected to reach a valuation of US$ 4.1 billion. As consumer awareness around the connection between mental well-being and skin health intensifies, neurocosmetics are gaining traction as the next frontier in the cosmetics…
Estolides Market Surges: From US$ 7.5 Million in 2022 to US$ 13.0 Million by 203 …
The global estolides market, valued at US$ 7.5 million in 2022, is on a dynamic growth trajectory, projected to reach US$ 13.0 million by 2031, driven by a compound annual growth rate (CAGR) of 6.3% from 2023 to 2031. Estolides, bio-based esters derived from renewable sources like vegetable oils, are gaining momentum as sustainable, high-performance lubricants and additives in automotive, industrial, and cosmetic applications. This article explores the market dynamics,…
North America Video Access Control Services Market Projected to Achieve 15.0% CA …
The North America video access control services market, valued at US$ 317.9 million in 2023, is poised for exceptional growth, with projections indicating a compound annual growth rate (CAGR) of 15.0% from 2024 to 2034, reaching a market size of US$ 1.4 billion by 2034. As businesses and institutions increasingly prioritize security, real-time surveillance, and cloud-integrated solutions, video access control services are becoming integral to organizational operations across sectors.
Access key…
North America Industrial Cleaning Wiper Market Valued at USD 3.3 Billion in 2023 …
The industrial cleaning wiper market in North America is poised for significant growth over the next decade, reflecting rising awareness about workplace hygiene, increasing regulatory oversight, and expanding industrial operations. In 2023, the market was valued at US$ 3.3 billion, and according to the latest market intelligence, it is projected to reach US$ 6.6 billion by 2034, growing at a compound annual growth rate (CAGR) of 6.8% from 2024 to…
Scheelite Market Soars: From US$ 85.4 Billion in 2022 to US$ 123.7 Billion by 20 …
The global scheelite market, valued at US$ 85.4 billion in 2022, is on a robust growth trajectory, projected to reach US$ 123.7 billion by 2031, driven by a compound annual growth rate (CAGR) of 4.2% from 2023 to 2031. Scheelite, a primary source of tungsten, is witnessing surging demand due to its critical role in industries like aerospace, automotive, and electronics. This article delves into the market dynamics, key drivers,…
Green Cosmetic Products Market Forecasted to Expand at 7.0% CAGR, Hitting USD 70 …
The global green cosmetic products market, valued at US$ 33.7 billion in 2023, is poised for remarkable growth, projected to expand at a CAGR of 7.0% from 2024 to 2034, reaching US$ 70.6 billion by 2034. This growth is driven by increasing consumer awareness of sustainable beauty, rising demand for clean-label and ethically sourced ingredients, and growing regulatory support for eco-friendly personal care products.
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Fetal Doppler Market Forecast: 5.2% CAGR Expected Through 2034 as Home Monitorin …
The global fetal doppler market is witnessing consistent and promising growth, as per the latest market outlook. Valued at US$ 280.9 million in 2023, the market is expected to grow at a CAGR of 5.2% from 2024 to 2034, reaching US$ 488.3 million by 2034. This growth trajectory is being shaped by a confluence of factors including advancements in fetal monitoring technology, increasing maternal health awareness, and a rising demand…
Home Sequential Compression Devices Market Forecast 2031: Increasing VTE Prevent …
Home Sequential Compression Devices (SCDs) are engineered for home use to promote blood circulation and mitigate the risk of blood clots, especially in individuals susceptible to deep vein thrombosis (DVT) and other venous disorders. These devices, typically featuring inflatable sleeves or cuffs that cyclically inflate and deflate, play a critical role in enhancing vascular health, particularly for patients recovering from surgery or those with limited mobility. Valued at US$ 1.1…
Asia Pacific Medical Tourism Market Forecast 2031: Affordable Treatment and Worl …
Medical tourism in Asia Pacific has witnessed remarkable growth over the past decade, establishing the region as a premier destination for international patients seeking world-class healthcare services. Valued at US$ 4.3 Bn in 2022, the market is driven by a blend of affordable, high-quality medical care and cutting-edge technology, making the region an attractive alternative to Western healthcare systems. Governments across Asia have actively promoted medical tourism through supportive policies…
Infusion Pumps Market Forecast 2031: Rising Chronic Disease Burden and Hospital …
Patients managing chronic illnesses and conditions require continuous, precise treatment and care. This has propelled the need for advanced technologies that can accurately monitor, administer, and track medications, ensuring that patients receive the exact dosage required-neither an underdose nor an overdose. Infusion pumps serve as a critical component in this care continuum by enabling controlled and accurate delivery of medical fluids. Valued at US$ 10.3 Bn in 2022, the global…
India Cleanroom Gloves Market Forecast 2031: Growing Pharma Manufacturing and Re …
The India cleanroom gloves market is on a steady growth trajectory, with an anticipated compound annual growth rate (CAGR) of 5.7% from 2023 to 2031. Valued at US$ 22.1 million in 2022, the market is expected to exceed US$ 35.9 million by the end of 2031. This growth is driven by stringent hygiene standards, rising safety protocols across industries, and increasing investments in cleanroom facilities.
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Brain Cancer Diagnostics Market Forecast 2031: Advancing Imaging and Biomarker T …
Brain cancer diagnostics encompass a comprehensive array of tests and procedures designed to detect and assess brain tumors and other abnormalities. These diagnostics form the cornerstone of early detection and effective treatment planning, directly influencing patient outcomes. In 2022, the global brain cancer diagnostics market was valued at US$ 1.5 billion, and it is projected to exceed US$ 2.5 billion by 2031, growing at a CAGR of 5.9% over the…
Global Multi-Mode Chipset Market Set to Reach USD17.2 Billion by 2031, Fueled by …
The global multi-mode chipset market is poised for remarkable growth over the coming decade. Valued at US$ 5.8 billion in 2022, the industry is expected to grow at a compound annual growth rate (CAGR) of 13.0% from 2023 to 2031, reaching an estimated valuation of US$ 17.2 billion by the end of 2031. This surge is fueled by the accelerating adoption of 5G technology, increased R&D investments, and the growing…
Global Humidity Meter Market to Reach USd 2.4 Billion by 2031, Driven by Soaring …
The global humidity meter market, valued at US$ 1.3 billion in 2022, is set to grow at a CAGR of 6.8% from 2023 to 2031, reaching US$ 2.4 billion by the end of the forecast period, according to a new industry research report. The growth is fueled by increasing adoption in residential buildings, automotive systems, and advanced healthcare equipment.
Market Overview: Humidity meters, or hygrometers, are electronic devices used to measure…
LED Lighting Drivers Market Outlook 2031: Smart Cities and Energy Efficiency to …
The global LED lighting drivers market stood at US$ 13.5 Bn in 2022 and is poised for remarkable growth, projected to expand at a CAGR of 19.0% from 2023 to 2031, reaching US$ 64.1 Bn by the end of the forecast period. As lighting applications transition toward high-efficiency, low-energy consumption solutions, the demand for LED drivers the core component regulating power in LEDs has surged dramatically. LED drivers ensure consistent…
RFID Sensor Market Set to Reach USD 18.5 Bn by 2031, Driven by Expansion in Logi …
The global Radio Frequency Identification (RFID) Sensor Market is poised for a significant growth trajectory, with market value projected to more than double from US$ 8.8 billion in 2022 to US$ 18.5 billion by the end of 2031. Registering a robust compound annual growth rate (CAGR) of 8.1% during the forecast period (2023-2031), the market is driven by increasing demand across logistics, healthcare, retail, and sports industries.
Market Overview: RFID sensors…
Global GaN on Diamond Semiconductor Substrates Market to Reach USD 142.0 Mn by 2 …
The global GaN on diamond semiconductor substrates market is poised for significant growth, projected to advance at a robust CAGR of 16.6% from 2023 to 2031, increasing from US$ 34.2 Mn in 2022 to US$ 142.0 Mn by 2031. According to industry analysts, this surge is driven by the rise in demand for high-electron mobility transistors (HEMTs) and the increasing adoption of satellite communication equipment across defense and telecommunication sectors.
Market…
Hydrogen Internal Combustion Engine (ICE) Market Projected to Reach USD 51.3 Bil …
The global hydrogen internal combustion engine (ICE) market, valued at US$ 18.2 Bn in 2023, is forecast to grow at a CAGR of 9.9% from 2024 to 2034, reaching US$ 51.3 Bn by the end of the forecast period. Increasing launches of hydrogen-powered trucks and buses in the transportation sector, combined with the global drive toward clean energy solutions, are key factors propelling this market. Hydrogen ICEs are emerging as…
Batteryless Storage Solutions Market Set for Explosive Growth: From USD 540 Mill …
The global batteryless storage solutions market, valued at US$ 540.0 Mn in 2023, is projected to surge at an impressive CAGR of 29.6% from 2024 to 2034, reaching US$ 9.2 Bn by the end of the forecast period. With the rapid expansion of the Internet of Things (IoT) and the increasing need for sustainable, eco-friendly power backup systems, batteryless energy storage-powered by supercapacitors and advanced energy-harvesting technologies-is revolutionizing the way…
De-icing Systems Market for Power Transmission Cables Forecasted to Grow from US …
The global de-icing systems market for power transmission cables (https://www.transparencymarketresearch.com/de-icing-systems-market-for-power-transmission-cables.html), valued at US$ 600.0 Mn in 2023, is projected to grow at a CAGR of 6.0% from 2024 to 2034, reaching US$ 1.1 Bn by the end of the forecast period. With severe icing disasters increasingly impacting transmission lines and compromising power system stability, advanced de-icing solutions are becoming essential to protect critical energy infrastructure in harsh weather conditions.
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Type 4 Hydrogen Cylinder Market Set for Robust Growth: From USD 992.0 Million in …
The global type 4 hydrogen cylinder market, valued at US$ 992.0 Mn in 2023, is projected to advance at a CAGR of 13.2% from 2024 to 2034, reaching US$ 4.4 Bn by the end of the forecast period. The increasing need for safe and efficient hydrogen storage-especially given hydrogen's propensity for leakage due to its small molecular size-is fueling market expansion. High-grade storage containers made from materials like high-density polyethylene…
Drone-Based Gas Leak Detection in Oil & Gas Sector Set for Rapid Growth: Market …
The global drone-based gas leak detection market, valued at US$ 4.0 Bn in 2023, is forecast to grow at a CAGR of 6.1% from 2024 to 2034, reaching US$ 7.8 Bn by the end of the forecast period. A surge in efforts to limit greenhouse gas emissions, coupled with rigorous climate regulations worldwide, is propelling oil & gas companies to adopt innovative aerial gas leak monitoring solutions.
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Sodium-Air Battery Market to Surge to $2.3M by 2031, Driven by 6.1% CAGR, Sustai …
The global sodium-air battery market, valued at US$ 1.3 million in 2021, is poised for steady growth, with projections estimating it will reach US$ 2.3 million by 2031, driven by a compound annual growth rate (CAGR) of 6.1% from 2022 to 2031. Sodium-air batteries, an emerging energy storage technology, leverage abundant sodium and atmospheric oxygen to offer high theoretical energy density, presenting a sustainable alternative to lithium-based batteries. This article…
Redox Flow Battery Market to Surge to $718.0 Mn by 2031, Driven by 14.6% CAGR, R …
The global redox flow battery (RFB) market, valued at US$ 183.8 million in 2021, is poised for significant growth, with projections estimating it will reach US$ 718.0 million by 2031, driven by a robust compound annual growth rate (CAGR) of 14.6% from 2022 to 2031. Redox flow batteries, known for their scalability and long lifespan, are increasingly vital for energy storage in renewable energy systems and grid applications. This article…
Silicon-Based Anode Market to Surge to $3.4 Bn by 2031, Driven by 69.9% CAGR, El …
The global silicon-based anode market, valued at US$ 240.0 million in 2021, is poised for explosive growth, with projections estimating it will reach US$ 3.4 billion by 2031, driven by an extraordinary compound annual growth rate (CAGR) of 69.9% from 2022 to 2031. Silicon-based anodes, used in lithium-ion batteries, offer significantly higher energy storage capacity than traditional graphite anodes, making them critical for electric vehicles (EVs), consumer electronics, and energy…
Advanced Materials Market for Nuclear Fusion Technology to Surge to $0.8 Mn by 2 …
The global advanced materials market for nuclear fusion technology, valued at US$ 0.4 million in 2021, is set for steady growth, with projections estimating it will reach US$ 0.8 million by 2031, driven by a compound annual growth rate (CAGR) of 7.3% from 2022 to 2031. Advanced materials, such as plasma-facing components, superconducting magnets, and neutron-resistant alloys, are essential for developing fusion reactors that promise clean, abundant energy. This article…
High Nickel Cathode Materials Market to Surge to $10.1 Bn by 2031, Driven by 20. …
The global high nickel cathode materials market, valued at US$ 1.9 billion in 2021, is poised for explosive growth, with projections estimating it will reach US$ 10.1 billion by 2031, driven by a robust compound annual growth rate (CAGR) of 20.4% from 2022 to 2031. High nickel cathode materials, such as nickel-cobalt-manganese (NCM) and nickel-cobalt-aluminum (NCA) with high nickel content (e.g., NCM 811), are critical for lithium-ion batteries used in…
Underwater Connectors Market Gains Momentum, Estimated to Reach USD 3.1 Billion …
The global underwater connectors market is expected to witness strong growth from 2023 to 2031, driven by the rising demand for reliable subsea communication and power transmission solutions across multiple industries. These connectors are integral to maintaining connectivity between underwater vehicles, subsea equipment, and offshore installations. They enable efficient data transfer, power delivery, and control signaling-ensuring high operational performance in complex marine environments.
The underwater connectors market is projected to reach…
Lighting Products Market Set for Strong Growth, Projected to Hit USD 179.81 Bill …
The lighting products market encompasses a wide range of solutions, including LED lights, incandescent bulbs, fluorescent lamps, and advanced smart lighting systems. In recent years, the industry has witnessed a notable transformation fueled by rapid technological advancements, stringent energy efficiency mandates, and growing consumer preference for eco-friendly and connected lighting solutions.
The lighting products market is anticipated to reach a valuation of US$ 179.81 billion by the end of 2031.…
GPS Tracking Device Market Set to Surge to USD 7.4 Billion by 2031 Backed by Ris …
The global GPS tracking device market is witnessing rapid expansion, fueled by the increasing need for real-time location tracking and navigation across various sectors. These devices are extensively used in fleet management, asset monitoring, personal tracking, and security systems. Growth is propelled by continuous advancements in GPS technology, widespread integration of IoT solutions, and the rising demand for streamlined logistics and transportation management.
The GPS tracking device market is expected to…
Oil Condition Monitoring Services Market Forecast to Hit USD 1.92 Billion by 203 …
The Oil Condition Monitoring (OCM) Services Market is witnessing substantial growth, fueled by the increasing demand for predictive maintenance across diverse industrial sectors. OCM services are essential for assessing machinery health, identifying contaminants, and preventing unexpected equipment failures. Industries such as manufacturing, transportation, energy, and marine are rapidly adopting these solutions to enhance operational efficiency and reduce unplanned downtime.
The Oil Condition Monitoring Services market is projected to reach a valuation…
Piezoelectric Devices Market Grows at 5.8% CAGR; Technological Advancements Driv …
The piezoelectric devices market has become increasingly vital across a wide range of industries, utilizing the piezoelectric effect to efficiently convert mechanical energy into electrical energy and vice versa. With applications spanning sensors, actuators, energy harvesters, and acoustic components, piezoelectric technology is witnessing growing adoption, fueling substantial market growth.
Piezoelectric Devices market is projected to reach a valuation of US$ 47.4 Bn by the end of 2031. The report further highlights…
U.S., Europe, and Japan AI in Endoscopy Market to Grow at 26.4% CAGR, Reaching U …
Artificial Intelligence (AI) has swiftly permeated the medical imaging and diagnostics industry, particularly within endoscopy-a minimally invasive procedure essential for gastrointestinal, urological, and respiratory diagnoses. The integration of AI in endoscopy is revolutionizing the accuracy, speed, and efficiency of diagnostic procedures by automating image analysis, enhancing lesion detection, and reducing human error. This technology is transforming traditional endoscopic procedures into intelligent, data-driven interventions, improving patient outcomes across major healthcare markets…
North America Tool Bags Market to Reach USD 319.1 Million by 2034, Growing at 5. …
The North America tool bags market is poised for steady expansion over the next decade, driven by increasing demand for portable, durable storage solutions in professional and DIY applications. According to the latest industry projections, the market, valued at US$ 179.6 million in 2023, is expected to grow at a compound annual growth rate (CAGR) of 5.4% from 2024 to 2034, reaching US$ 319.1 million by the end of the…
Biological Safety Cabinet Market Forecasted to Grow at 5.7% CAGR, Driven by Risi …
The global Biological Safety Cabinet (BSC) market is on a steady path of growth, projected to reach more than US$ 420.2 million by 2034, up from a valuation of US$ 224.3 million in 2023. According to recent market analysis, this surge represents a compound annual growth rate (CAGR) of 5.7% between 2023 and 2034. The market is characterized by strong competition and technological innovation from key industry players such as…
Metabolism Assays Market Set for Robust 6.7% CAGR Growth Through 2034, Fueled by …
A comprehensive market analysis reveals that the global metabolism assays market, valued at US$ 1.5 billion in 2023, is on a significant growth trajectory. Forecasts estimate the market will expand at a compound annual growth rate (CAGR) of 6.7% from 2024 to 2034, reaching more than US$ 3.1 billion by the end of the forecast period. Prominent players fueling this expansion include Merck KGaA, Thermo Fisher Scientific, Agilent Technologies, Becton,…
Middle East Baby Diaper Market Analysis 2023-2031: CAGR of 3.3% Forecast Amid In …
The Middle East baby diaper market is experiencing steady growth driven by rising birth rates, increased urbanization, and an expanding awareness of infant hygiene. According to the latest market analysis, the industry was valued at US$ 2.8 billion in 2022 and is projected to grow at a CAGR of 3.3% from 2023 to 2031, reaching approximately US$ 3.7 billion by the end of 2031. Key players such as Procter &…
Offshore Oil & Gas Welding Industry Set to Expand from USD 3.3 Billion in 2023 t …
The global offshore oil & gas welding market, valued at US$ 3.3 Bn in 2023, is expected to expand at a CAGR of 5.9% from 2024 to 2034, reaching US$ 6.1 Bn by the end of 2034. Increasing investments in oil & gas infrastructure, along with technological advancements in robotic welding systems, are propelling the market's growth. Welding is critical for fabricating sophisticated offshore structures and plays a pivotal role…
Flow Augmented Turbines Market Set to Expand from USD 425.6 Million to USD 770.0 …
The global flow augmented turbines market is set for steady growth, driven by the increasing demand for renewable energy, supportive government policies, and innovations in hydropower generation technology. Valued at US$425.6 Mn in 2022, the market is projected to expand at a CAGR of 6.8% from 2023 to 2031, reaching an estimated US$770.0 Mn by the end of the forecast period. Key advancements in turbine design and flow augmentation methods…
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