Motor Monitoring Market: Opportunities and Challenges
Global Motor Monitoring Market Scenario:
The motor monitoring market is expected to grow from USD 1.6 billion in 2018 to USD 2.3 billion by 2023, at a CAGR of 7.4% during the forecast period. Major factors driving the market growth are the growing prominence of predictive maintenance and increasing need to minimize revenue loss caused by motor faults.
Motor monitoring is one of the aspects...
Industrial Filtration Market Size to Grow $41.1 Billion by 2025
The global Industrial Filtration Market size is expected to grow from an estimated value of USD 29.5 billion in 2020 to USD 41.1 billion by 2025, at a CAGR of 6.9% from 2020 to 2025. The growth of this market is driven by strict government regulations to eliminate air and water pollution. The demand for the treatment of industrial waste and the requirement of a safe working environment in industrial...
Thermoplastic Pipe Market 2020-2025 | Growing Deep- and Ultra-deepwater Oil & Gas Production & Exploration to Boost Growth
The global thermoplastic pipe market size is expected to reach USD 3.6 billion by 2025 from an estimated value of USD 2.8 billion in 2020, at a CAGR of 5.2% during the forecast period. The growing deep- and ultra-deepwater oil & gas production & exploration activities in the countries such as US & Canada and increasing mining activities in China, Australia, and India along with...