Brushless DC Motors Market Outlook The worldwide brushless DC motor market was estimated at US$ 18 Billion in 2021 and is predicted to increase at a CAGR of 6.3% during the forecast period from 2022 to 2032. As of 2022, the industry is forecast to be valued at US$ 19 Billion, representing a Y-o-Y increase of 5.5%. Brushless DC (BLDC) motors’
North America accounts for a majority market share in earth observation systems, followed by Europe. This is due to its highly developed space technology such as reusable rockets. Also, the main use of earth observation systems is defence, which is another reason for North America’s dominance of the global market. Key players are functioning actively
The recent discovery of shale gas reserves coupled with resurgence in the oil & gas sector is heightening the demand for flow meters through 2029. The global flow meter market will grow 2.3X during the forecast period. On the back of increasing redundancy of conventional measuring methods and need for accuracy, & reliability of yield
Consumer product manufacturers are investing in research and development for products with enhanced battery life and performance. Surging application of computational fluid mechanics in developing battery modules, battery life testing, and measuring performance is contributing to the growth of the computer aided engineering market. Emerging hyper converged infrastructures (HCI) is propelling the mass adoption of scalable
Fact.MR states the sales of controlled release fertilizers to exceed US$ 4.9 Bn, registering a CAGR of 5% in the assessment period 2021-2031. Demand for healthier crops along with controlled release fertilizers adding nutritional value to crops in the long run are positively influencing the sales of controlled release fertilizers. Historically, from 2016 to 2020,
Bentonite is a naturally occurring clay with excellent capabilities of absorbing and adsorbing. With these properties bentonite is being extensively used in personal care, pharmaceutical, construction and oil & gas industry. Increasing demand for cosmetic products and rapid development in the construction sector has resulted in heightened demand for bentonite as a cleansing agent and
Pegged to surpass a value pool of nearly US$ 3 Bn by the end of the forecast period (2019-2027), sodium cyanide is primarily used as a reagent in the mining & metallurgy industry for isolation of precious metals. It is used for efficient extraction of gold from low-grade ore. The heightened consumption of gold and
Aircrafts approaching end-of-life are creating a demand upswing for new aircrafts with advanced technology. As a result, there is a significant uptick in demand for aerospace parts. Amidst these global trends, the aerospace parts manufacturing market is poised to grow at a healthy CAGR during the forecast period (2019-2019). Another factor generating demand for new parts is
A recently published report by Fact.MR reveals that the global sheet metal market is projected to grow at a CAGR of 5% during the forecast period (2021-2031). As per the report, the market is expected to be valued at US$ 496 Mn by the end of the aforementioned assessment period. A transformative shift towards lightweight automotive components to
Market Outlook of Endoscopy Operative Devices Global sales of Endoscopy Operative Devices Market in 2021 was held at US$ 8.7 Bn. With 5.8%, the projected market growth during 2022 – 2032 is expected to be significantly higher than the historical growth. Gastrointestinal (GI) Endoscopy is expected to be the highest revenue generating segment, accounting for an expected