According to a market report by Lucintel, the future of the global volume compensator market looks promising with opportunities in the aerospace, medical, semiconductor, vacuum, solar power, agriculture, and commercial applications. The global volume compensator market is expected to reach an estimated $0.7 billion by 2030 with a CAGR of 6.7% from 2024 to 2030.
The major drivers for this market are increasing demand for this
technology from medical and healthcare market and rising adoption of automation
and process control systems in various industries.
In this market, low temperature and high temperature are the major
segments of volume compensator market by type.
Lucintel forecasts that low temperature is expected to witness highest
growth over the forecast period.
Within this market, solar power is expected to witness highest growth
over the forecast period.
APAC will remain the largest region due to rapid economic growth and
presence of key manufacturers for semiconductor and electronics products in the
region.
Flexaseal Engineered Seals and Systems, BellowsTech, and Parker Hannifin
are the major suppliers in the volume compensator market.
This unique research
report will enable you to make confident business decisions in this globally
competitive marketplace. For a detailed table of contents, contact Lucintel at
+1-972-636-5056 or write us at helpdesk@lucintel.com.
About Lucintel
At Lucintel, we offer solutions for
you growth through game changer ideas and robust market &
unmet needs analysis. We are based in
Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20
years. We are quoted in several publications like the Wall Street Journal, ZACKS,
and the Financial Times.
Contact
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email roy.almaguer@lucintel.com
Tel. 972.636.5056
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