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The global Continuous Thermal Monitoring Market is anticipated to grow from estimated USD 1.00 billion in 2024 to USD 1.49 billion by 2030, at a CAGR of 6.8% during the forecast period. The market is growing due to predictive maintenance and equipment reliability within industry trends worldwide. With relatively emerging thermal sensors and infrared cameras, coupled with analytics powered by artificial intelligence, the temperature of...
https://www.prnewswire.com -
The global Continuous Thermal Monitoring Market is anticipated to grow from estimated USD 1.00 billion in 2024 to USD 1.49 billion by 2030, at a CAGR of 6.8% during the forecast period. The market is growing due to predictive maintenance and equipment reliability within industry trends worldwide. With relatively emerging thermal sensors and infrared cameras, coupled with analytics powered by artificial intelligence, the temperature of...
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The global pumps industry is experiencing significant growth, driven by rapid industrialization, urbanization, and infrastructure development. According to a report by MarketsandMarkets, the market is projected to expand from USD 61.32 billion in 2024 to USD 79.01 billion by 2029, reflecting a compound annual growth rate (CAGR) of 5.2%.
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The global solid oxide fuel cell industry is projected to reach USD 5.4 billion by 2028 from an estimated USD 1.4 billion in 2023, at a CAGR of 31.0% during the forecast period. Because of its flexibility to generate energy using a range of fuels, solid oxide fuel cells (SOFC) are one of the fastest-growing alternate backup power sources. Furthermore, unlike other traditional technologies, they are environmentally beneficial because their...