NEW YORK, Oct. 14, 2021 /PRNewswire/ --
The pressure vessels market is set to grow by USD 44.60 billion from 2021 to 2025, progressing at a CAGR of 5% according to the latest market report by Technavio.
NEW YORK, Oct. 14, 2021 /PRNewswire/ --
The pressure vessels market is set to grow by USD 44.60 billion from 2021 to 2025, progressing at a CAGR of 5% according to the latest market report by Technavio.
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The pressure vessels market report offers a comprehensive analysis of the strategies adopted by vendors and the trends, drivers, and challenges affecting the market size. The augmentation of coal capacities and revival of nuclear power plants in Japan is expected to have a positive impact on the growth of the pressure vessels market during the forecast period.
Technavio analyzes the market by End-user (Power Generation, Chemicals, Oil and gas, and Others) and Geography (APAC, Europe, North America, MEA, and South America). This report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters.
The pressure vessels market covers the following areas:
Companies Mentioned
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Pressure Vessels Market Scope |
|
Report Coverage |
Details |
Page number |
120 |
Base year |
2020 |
Forecast period |
2021-2025 |
Growth momentum & CAGR |
Accelerate at a CAGR of 5% |
Market growth 2021-2025 |
USD 44.60 billion |
Market structure |
Fragmented |
YoY growth (%) |
3.92 |
Regional analysis |
APAC, Europe, North America, MEA, and South America |
Performing market contribution |
APAC at 50% |
Key consumer countries |
China, US, Japan, Italy, and Australia |
Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
Companies profiled |
IHI Corp., Kelvion Holding GmbH, KNM Group Berhad, Kobe Steel Ltd., Larsen and Toubro Ltd., McDermott International Inc., Mersen Corporate Services SAS, Mitsubishi Heavy Industries Ltd., Samuel Son & Co. Ltd., and The Japan Steel Works Ltd. |
Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Contact
Technavio Research
Jesse Maida
Media & Marketing Executive
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UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/
SOURCE Technavio
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