Tag Archives: Korea

Navigating Growth: Rotary Cutters Market Trends, Top Players, and Opportunities  

The rotary cutter, a versatile tool with a rotating circular blade and safety handle, has become indispensable across various industries. Its sharp, re-sharpenable blades are available in different sizes, tailored to specific applications. Smaller blades excel in cutting fabric and peeling fruits, while larger counterparts are essential for agricultural and commercial activities. In the agricultural …

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API Banking Market : Unlocking Growth and Opportunities ,Trends and Strategies for Success

Allied Market Research published a report, titled, “API Banking Market by Component (Solution and Service), Deployment (On-premise and Cloud), and Enterprise Size (Large Enterprises and Small and Medium-sized Enterprises): Global Opportunity Analysis and Industry Forecast, 2022-2032”. According to the report, the global API banking industry generated $24.7 billion in 2022, and is anticipated to generate $217.3 billion by 2032, …

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Unlocking the Earth’s Depths: Tunneling and Rock Drilling Equipment Market 

Tunneling and rock drilling equipment have become indispensable in modern construction and mining. These powerful machines are responsible for creating expansive tunnels beneath the Earth’s surface, facilitating the construction of vital infrastructure and mineral extraction projects. In this blog, we’ll explore the tunneling and rock drilling equipment market, its growth drivers, and the key players …

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The Future of Capacitor Bank Market: Industry Analysis and Forecast

The global capacitor bank market was valued at $3.9 billion in 2021, and is projected to reach $6.0 billion by 2031, growing at a CAGR of 4.3% from 2022 to 2031. A capacitor bank, also known as a power factor correction (PFC) system or capacitor compensation bank, is a collection of capacitors that are connected …

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The Role of Advanced Technologies in Transforming Steam Turbine MRO Market

The steam turbine MRO market size was valued at $21.6 billion in 2022, and steam turbine MRO industry is estimated to reach $35.7 billion by 2032, growing at a CAGR of 5.2% from 2023 to 2032. Steam turbine MRO (Maintenance, Repair, and Overhaul) refers to the activities and processes involved in ensuring the reliable and …

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The Growth and Future Trends of the Membrane Switch Market

The membrane switch market size was valued at $5.7 billion in 2021, and is estimated to reach $12.4 billion by 2031, growing at a CAGR of 8% from 2022 to 2031. A membrane switch is a type of electrical switch used in various electronic and control panel applications. Unlike traditional mechanical switches with physical moving …

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Emerging Opportunities in the Molded Case Circuit Breakers Market: An Industry Outlook

The molded case circuit breakers market size was valued at $9.2 billion in 2021, and molded case circuit breakers industry is estimated to reach $15.5 billion by 2031, growing at a CAGR of 5.4% from 2022 to 2031. MCCBs are widely used in residential, commercial, and industrial applications to protect electrical equipment and systems from …

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Medium Voltage Switchgear Market: Power Distribution Solutions

The medium voltage switchgear market size was valued at $14.5 billion in 2021, and medium voltage switchgear industry is estimated to reach $31.7 billion by 2031, growing at a CAGR of 8.2% from 2022 to 2031. Medium voltage switchgear refers to electrical equipment used to control, protect, and isolate electrical circuits in systems where the …

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Chilled Beams Market 2023: Energy-Efficient Climate Control Solutions on the Rise  

In a world increasingly concerned with energy efficiency and sustainability, the Chilled Beams Market is taking center stage. Chilled beams, a cutting-edge technology for climate control in commercial buildings, are making waves in the HVAC industry. Here we explore the Chilled Beams Market in 2023, discussing its growth, benefits, and future trends.  If you want …

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Neobanking Market Expected to Reach $3.3 trillion by 2032| Top Companies and Industry Growth Insights

Allied Market Research published a report, titled, “Neobanking Market by Account Type (Business Account and Savings Account), Service Type (Mobile Banking, Payments & Money Transfer, Checking/Saving Accounts, Loans, and Others), and Application (Enterprise, Personal): Global Opportunity Analysis and Industry Forecast, 2023-2032”. According to the report, the global Neobanking Market was valued at $68.95 billion in 2022 and is …

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