Group items tagged

After revolving 770 points during the whole day, the Sensex closed 1.14% or 434 points, lower at 37,673.31. The NSE benchmark Nifty slipped 1.23% pr 139 points to close at 11,175.

The progressing cavity pump market is expected to grow from an estimated USD 3.02 Billion in 2018 to USD 4.08 Billion by 2023, at a CAGR of 6.24%, during the forecast period. The market is set to witness growth because of increasing investments in modernizing water & wastewater infrastructure, infrastructure development, and suitability for handling high-viscosity fluids in the oil & gas sector.

The global heat meter market is projected to reach USD 1,218.9 million by 2023 from an estimated USD 849.1 million in 2018, at a CAGR of 7.50%. This growth can be attributed to the increasing mandatory legislative requirement to install heat meters for accurate measurement of heat consumption.

The global PXI SMU market size is expected to grow from an estimated USD 124 million in 2019 to USD 267 million by 2024, at a CAGR of 16.5%, during the forecast period. Increasing demand for reliability tests for complex semiconductors and batteries to complement the expanding IoT devices is driving the PXI SMU industry growth.

The waste heat boiler market is expected to grow from an estimated USD 5.80 Billion in 2018 to USD 8.04 Billion by 2023, at a CAGR of 6.72% during the forecast period. The market is set to witness growth due to the increasing need for enhancing energy efficiency in industrial processes and requirement for decentralized power supply.

The global hydrogen energy storage market is projected to reach USD 18.2 billion by 2024 from an estimated USD 13.7 billion in 2019, at a CAGR of 5.8% during the forecast period. Increase in demand for hydrogen in the chemical industry and market for hydrogen in stationary and portable power are driving the growth of the global industry.

the Hydrogen Generation Market size is projected to reach USD 201 billion by 2025 from an estimated USD 130 billion in 2020, at a CAGR of 9.2% during the forecast period. Increasing fuel cell power generation application is driving the growth of the market. Moreover, increasing adoption of electric vehicles leads to renewable energy deployment at large scale in Asia Pacific region, creates opportunities for Hydrogen Generation Market.