The global single-use filtration assemblies market is predicted to be worth US$ 3.53 billion in 2023 and rise to US$ 19.28 billion by 2033. Initially, the global market was expanding at a CAGR of 19.8% from 2018 to 2022. Smaller batch sizes, increased demand for customized treatments, and the need for adaptive and scalable solutions are the leading factors fostering the development of single-use technologies in the pharmaceutical industry. Spending on pharmaceutical research and development for the product has increased, since single-use assemblies are essential to both small- and large-scale biopharmaceutical production. The increasing use of single-use filter assemblies has raised questions about the impact single-use plastics have on the environment. The single-use filter assemblies sector is growing, thus the industry must come up with plans to reduce waste and promote sustainability. Download a sample to obtain additional highlights and key points on various market @ https://www.futuremarketinsights.com/reports/sample/rep-gb-16852
7/5/2023The system on modules market is expected to be worth US$ 1.15 billion in 2023, rising to US$ 4.65 billion by 2033. The market is expected to grow at a CAGR of 15% during the forecast period. Urbanization, digitization, online presence, and the adoption of advanced Artificial Intelligence technology are driving the growing demand for system on module. Improving the performance of consumer electronics such as smartphones, laptops, tablets, and computers is propelling the market forward. Electronic manufacturers design a chipboard in the system to perform specific tasks, increasing the demand for system on module. The advancement of 5G, the Internet of Things, and other advanced technologies drives market growth. Several end-use industries are increasing their use of system on module, including transportation, medicine, industrial automation, and entertainment. The growing demand for high accuracy, advanced memory, and a low risk of system errors is driving the adoption of system on module. For Critical Insights, Request for PDF Sample @ https://www.futuremarketinsights.com/reports/sample/rep-gb-16704 The market opportunities are flourishing for automobile manufacturers developing advanced autonomous vehicles with machine learning and sensor technologies. Growing demand for embedded systems and cloud-based technologies are increasing the sales of system on module. Wearable and wireless device innovation, such as smartwatches, is fueling market growth. The use of industrial robots and machine learning technology expands the market.
7/5/2023The oil-filled transformer market is expected to be valued at US$ 39.41 billion in 2023, rising to US$ 73.98 billion by 2033. During the forecast period, the market is expected to grow at a CAGR of 6.5%. The expanding need for oil-filled transformers is being driven by urbanisation, modernisation, population growth, and fast infrastructural development. Furthermore, rising power consumption, renewable energy, and network development are propelling market growth. Furthermore, greater awareness of the importance of upgrading obsolete energy systems and implementing smart grids is boosting the use of oil-filled transformers. Emerging economies in several developing countries and growing technical advancement are flourishing market opportunities. End-users demand power generation and distribution on a large scale are increasing the demand for oil filled transformer. Furthermore, manufacturers are expanding electricity infrastructure and refurbishing grid networks which is boosting the sales of oil filled transformer. Request a Sample Copy of this Report @ https://www.futuremarketinsights.com/reports/sample/rep-gb-16688 Rise in Electricity Trade on International Level Uplift Market Opportunities
7/5/2023Industrial Gas Stove Market Current & Future Trends, Leading Players, Segments & Regional Forecast 2023 to 2033 The global industrial gas stove market is expected to grow at a CAGR of 3.3% during the period 2023-2033. The market holds a valuation of US$ 8856.84 million as on 2023, and by 2033, the market is expected to reach a valuation of US$ 12254.11 million by 2033. At present, the luxury hotels are one of the largest buyers of the industrial gas stove. Based on the research conducted by FMI, the luxury hotel market is expected to grow at a CAGR of 5% during the forecast period. The heavy load sharing burners of the industrial gas stove have helped the stakeholders involved in the luxury hotels market cut extra cost. Moreover, being made of stainless steel, the adoption of industrial gas stove ensures that not much has to be spent on the maintenance of these stoves owing to their non greasy nature. This as well is expected to increase the demand for industrial gas stove during the forecast period. However, one of the main drivers of the industrial gas stove market remains the fact that these help in preparing food quicker, which makes them one of the major kitchen appliances. The reason being that these stoves come with adjustable thermostat settings, as a result of which cooking becomes swift and seamless. This might well increase the sales of industrial gas stove during the forecast period.
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