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Phone Arena
5 days ago
- Business
- Phone Arena
A subset of customers gives AT&T, T-Mobile and Verizon renewed hope about growth
AT&T, T-Mobile, and Verizon's unpopular pricing decisions are catching up to them. There are signs that many consumers are opting for alternatives such as cable companies and MVNOs. The Big Three are seeing growth in another area though. Light Reading reports that the US prepaid market has bounced back after a prolonged period of lull. AT&T , T-Mobile , and Verizon appear to be the biggest beneficiaries. Prepaid plans require you to pay for services in advance. Postpaid customers, on the other hand, pay for services at the end of a billing cycle. Prepaid plans give customers greater control over spending and unlike postpaid plans, they don't leave room for overspending. Generally, consumers who want to save money opt for prepaid plans, which is why they aren't considered as lucrative as postpaid US prepaid market returned to growth in the first quarter of the year for the first time since Q3 2022. Verizon gained 137,000 prepaid customers in Q1 and the company expects positive results in the second half of the year as well. Verizon can finally breathe a sigh of relief that it made the right call by purchasing prepaid provider TracFone in 2021. The acquisition earned the company a market share of 33 percent, making it the biggest player in prepaid. This was the first quarter when it saw robust growth. —Tony Skiadas, Verizon CFO, April 2025 AT&T and T-Mobile also witnessed prepaid growth, with the Big Three gaining a combined 47,000 prepaid customers in Q1 2025. This is a huge improvement over Q1 2024 when the three companies collectively lost 348,000 prepaid customers. —Hans Vestberg, Verizon CEO Overall, both postpaid and prepaid markets defied expectations in Q1. Analysts at New Street now expect the US wireless industry to gain 1.6 million new customers in analysts had previously forecasted a downturn in growth due to the new administration's immigration policies. However, those fears have so far not materialized. As for the revival of the prepaid market, MoffettNathanson analysts believe it comes down to two things. First, more new customers are opting for prepaid plans. Second, fewer people are switching from prepaid to postpaid and some are even migrating back. —MoffettNathanson analysts, May 2025 While data doesn't exist to back this theory up, T-Mobile did show a slowdown in the number of prepaid subscribers moving to postpaid plans, and this could very well be the case for AT&T and Verizon as can be linked to the current economic environment. People tend to go for postpaid when the economy is in good shape, while prepaid attracts more attention when the economic conditions are weak. Regardless, this is a bright spot for the Big Three, considering they have been experiencing a higher churn or cancellation rate as well as stalling growth. This is also yet another sign of the stranglehold of AT&T, T-Mobile, and Verizon on the wireless market.


Globe and Mail
6 days ago
- Automotive
- Globe and Mail
Automotive Door Handles Market is Expected to Reach USD 7.01 Billion by 2033
The automotive door handles market is expected to reach USD 7.01 billion by 2033, exhibiting a CAGR of 4.20% during 2025-2033. The market has been categorized based on type, handle type, vehicle type, and sales channel. IMARC Group, a leading market research company, has recently releases report titled 'Automotive Door Handles Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2025-2033, ' The study provides a detailed analysis of the industry, including the global automotive door handles market size, share, growth, trends and forecast. The report also includes competitor and regional analysis and highlights the latest advancements in the market. Report Highlights: How big is the automotive door handles market? The global automotive door handles market size was valued at USD 4.84 Billion in 2024. Looking forward, IMARC Group estimates the market to reach USD 7.01 Billion by 2033, exhibiting a CAGR of 4.20% during 2025-2033. Factors Affecting the Growth of the Automotive Door Handles Industry: Technological Advancements: The automotive door handles market is significantly influenced by technological advancements that introduce electronic and smart door handles, enhancing vehicle security and user convenience. Features such as keyless entry, touch-sensitive operations, and biometric recognition are becoming increasingly popular. Innovations in material science have also led to the development of lightweight and durable materials for door handles, contributing to improved fuel efficiency and reduced emissions in vehicles. These technological strides are pivotal in meeting modern consumer expectations and complying with environmental regulations, driving the market forward. Consumer Preferences: In the automotive door handles market, consumer demand is increasingly focused on enhanced aesthetics, personalization, and advanced safety features. Modern consumers desire vehicles that not only perform well but also reflect their style and offer a sense of luxury. This has led to a preference for customizable door handles that can match the vehicle's exterior or the owner's taste, with options for different materials, colors, and finishes. Additionally, there's a growing emphasis on safety, with demand for door handles that incorporate advanced technologies such as keyless entry, touch operation, and biometric recognition, providing both convenience and security. These trends underscore the consumer's desire for vehicles that are not just means of transportation but also extensions of their identity and lifestyle, driving innovation in the automotive door handles market. Regulatory Requirements: Stringent safety and environmental regulations globally are driving the evolution of the automotive door handles market. Governments are imposing regulations that necessitate the incorporation of advanced safety features in vehicles, including secure and reliable door handles. Additionally, environmental regulations aimed at reducing CO2 emissions are pushing manufacturers towards using lightweight materials for door handles to contribute to overall vehicle weight reduction and enhanced fuel efficiency. Compliance with these regulatory standards is crucial for manufacturers, influencing design and material choices in the production of automotive door handles. Request for a sample copy of this report: Automotive Door Handles Market Report Segmentation: Breakup By Type: Exterior Door Handles Interior Door Handles On the basis of type, the market has been divided into exterior door handles and interior door handles. Breakup By Handle Type: Mechanical Automatic Mechanical is the largest handle type segment in the market due to its widespread usage across various vehicle segments and its reliability and cost-effectiveness compared to electronic or smart door handle systems. Breakup By Vehicle Type: Passenger Vehicles Commercial Vehicles Passenger vehicles represent the largest vehicle type segment in the market as they constitute most vehicles on the road globally, driving higher demand for automotive door handles compared to commercial or off-road vehicles. Breakup By Sales Channel: Original Equipment Manufacturer (OEM) Aftermarket Original equipment manufacturer (OEM) is the largest sales channel segment in the market because automakers typically procure door handles directly from OEM suppliers as part of their vehicle manufacturing process, resulting in higher sales volume compared to aftermarket or third-party channels. Breakup By Region: North America (United States, Canada) Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others) Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others) Latin America (Brazil, Mexico, Others) Middle East and Africa Asia Pacific is the largest region in the market due to the significant automotive production and sales volumes in countries like China, Japan, and India, driving demand for automotive door handles in the region. Global Automotive Door Handles Market Trends: The widespread adoption of electronic and smart door handles that enhance vehicle security and convenience represents one of the key factors influencing the growth of the automotive door handles market across the globe. These handles often feature keyless entry, touch-based locking and unlocking mechanisms, and integration with vehicle security systems. Additionally, the demand for lightweight materials, such as plastics and composites, is on the rise to improve fuel efficiency and reduce carbon emissions. This shift is also driven by stringent environmental regulations pushing the automotive industry towards sustainability. Furthermore, the aesthetic appeal of door handles is becoming a focal point for manufacturers aiming to differentiate their vehicles in a competitive market. Customization options and innovative designs are increasingly offered to meet consumer demands for personalization and luxury. Who are the key players operating in the industry? The report covers the major market players including: ALPHA Corporation CI Car International Pvt. Ltd. Huf Hulsbeck & Furst GmbH & Co. KG HUSHAN Autoparts Inc. MinebeaMitsumi Inc. Sakae Riken Kogyo Co. Ltd. Sandhar Technologies Limited TriMark Corporation Xin Point Corporation Ask Analyst & Browse full report with TOC List of Figures: If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization. About Us: IMARC Group is a global management consulting firm that helps the world's most ambitious changemakers to create a lasting impact. The company provides a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research. Contact US: IMARC Group 134 N 4th St. Brooklyn, NY 11249, USA Email: sales@ Tel No:(D) +91 120 433 0800 United States: +1-631-791-1145 Media Contact Company Name: IMARC Group Contact Person: Elena Anderson Email: Send Email Phone: +1-631-791-1145 Address: 134 N 4th St. City: Brooklyn State: NY Country: United States Website:
Yahoo
7 days ago
- Business
- Yahoo
2025 Chemicals BRIC (Brazil, Russia, India, China) Industry Guide: 2020-2029 Top Players, Key Financial Metrics and Analysis, & Competitive Pressures
Discover the dynamic growth of the BRIC chemicals industry, with market size forecasts reaching $3.71 trillion by 2029 led by China. Explore competitive insights, financial analysis, and future trends across Brazil, Russia, India, and China with this comprehensive industry profile. Dublin, May 26, 2025 (GLOBE NEWSWIRE) -- The "Chemicals BRIC (Brazil, Russia, India, China) Industry Guide 2020-2029" report has been added to BRIC Chemicals industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume, and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the Highlights Brazil, Russian Federation, India and China (BRIC) are the emerging and fast growing countries within the chemicals industry and had a total market value of $2.98 trillion in 2024. Russia was the fastest growing country with a CAGR of 24.1% over the 2020-24 period. Within the chemicals industry, China is the leading country among the BRIC nations with market revenues of $2.59 trillion in 2024. This was followed by India, Brazil and Russia with a value of $152.2, $129.9, and $108.3 billion, respectively. China is expected to lead the chemicals industry in the BRIC nations with a value of $3.71 trillion in 2029, followed by Russia, India, Brazil with expected values of $194.3, $194.1 and $145.5 billion, respectively. Scope Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the BRIC chemicals market Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the BRIC chemicals market Leading company profiles reveal details of key chemicals market players' BRIC operations and financial performance Add weight to presentations and pitches by understanding the future growth prospects of the BRIC chemicals market with five year forecasts by both value and volume Compares data from Brazil, Russia, India, and China, alongside individual chapters on each country Reasons to Buy What was the size of the BRIC chemicals market by value in 2024? What will be the size of the BRIC chemicals market in 2029? What factors are affecting the strength of competition in the BRIC chemicals market? How has the market performed over the last five years? What are the main segments that make up the BRIC chemicals market? Key Topics Covered: 1 Introduction1.1. What is this report about?1.2. Who is the target reader?1.3. How to use this report1.4. Definitions2 BRIC Chemicals2.1. Industry Outlook3 Chemicals in Brazil3.1. Market Overview3.2. Market Data3.3. Market Segmentation3.4. Market outlook3.5. Five forces analysis4 Macroeconomic Indicators4.1. Country data5 Chemicals in China5.1. Market Overview5.2. Market Data5.3. Market Segmentation5.4. Market outlook5.5. Five forces analysis6 Macroeconomic Indicators6.1. Country data7 Chemicals in India7.1. Market Overview7.2. Market Data7.3. Market Segmentation7.4. Market outlook7.5. Five forces analysis8 Macroeconomic Indicators8.1. Country data9 Chemicals in Russia9.1. Market Overview9.2. Market Data9.3. Market Segmentation9.4. Market outlook9.5. Five forces analysis10 Macroeconomic Indicators10.1. Country data11 Company Profiles11.1. LG Chem Ltd11.2. BASF SE11.3. China Petrochemical Corp11.4. Dow Inc11.5. LyondellBasell Industries NV11.6. Mitsui Chemicals Inc11.7. China Petroleum & Chemical Corp11.8. Reliance Industries Ltd11.9. Shell Chemicals Ltd11.10. ExxonMobil Chemical Co11.11. TotalEnergies SE11.12. Arkema SA11.13. Solvay SA11.14. Merck KGaA11.15. Lanxess AG11.16. Evonik Industries AG11.17. Arcadium Lithium PLC11.18. Alpha HPA Ltd11.19. Orica Ltd11.20. Dyno Nobel Ltd11.21. Braskem SA11.22. Nutrien Ltd11.23. Methanex Corp11.24. Nova Chemicals Corp11.25. Wanhua Chemical Group Co Ltd11.26. China National Petroleum Corp11.27. PetroChina Co Ltd11.28. Tata Chemicals Ltd11.29. Gujarat Fluorochemicals Ltd11.30. SRF Ltd11.31. Pidilite Industries Ltd11.32. PT Pupuk Indonesia Holding Co11.33. PT Lautan Luas Tbk11.34. PT Chandra Asri Pacific Tbk11.35. Polynt SpA11.36. Versalis SpA11.37. Mitsubishi Chemical Group Corp11.38. Sumitomo Chemical Co Ltd11.39. Asahi Kasei Corp11.40. Alpek SAB de CV11.41. Nouryon Chemicals Holding BV11.42. DuPont de Nemours Inc11.43. Acron11.44. Sibur Holding11.45. Phosagro11.46. Schelkovo Agrohim JSC11.47. Yara International ASA11.48. Omnia Holdings Ltd11.49. Sasol Ltd11.50. AECI Ltd11.51. SK Innovation Co Ltd11.52. Hanwha Solutions Corp11.53. Lotte Chemical Corp11.54. INEOS Ltd11.55. Sasa Polyester Sanayi AS11.56. Croda International Plc11.57. Johnson Matthey Plc11.58. Victrex PlcFor more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900Sign in to access your portfolio
Yahoo
7 days ago
- Business
- Yahoo
Chemicals Global Industry Almanac 2020-2029
Discover key insights about the global chemicals market, projected to grow from $5.44 trillion in 2024. This comprehensive profile covers segments like commodity and specialty chemicals, key players, competitive analysis, and market forecasts up to 2029. Dominated by Asia-Pacific, understand market size, trends, and future growth. Dublin, May 26, 2025 (GLOBE NEWSWIRE) -- The "Chemicals Global Industry Almanac 2020-2029" report has been added to Chemicals industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume, and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the Highlights Chemicals market is segmented into commodity chemicals, specialty chemicals, agriculture chemicals, and others. Market values represent country's consumption of chemical products at the producer's selling price (PSP). Commodity chemicals are basic chemical products used in large quantities across various industries. These chemicals are essential in the production of items such as man-made fibers, basic chemicals, rubber tires and tubes, plastic products, etc. Specialty chemicals are distinctive, high-value substances designed for specific applications. These chemicals play a critical role in industries like personal care and cosmetics, pharmaceuticals, food and beverages, adhesives and sealants, water treatment, and construction. Agricultural chemicals are vital for enhancing crop production, protecting plants from pests and diseases, and improving soil fertility. They are used in fertilizers, pesticides, plant growth regulators, soil conditioners, antimicrobial agents, and other related applications. The scope of others segment includes chemicals used for the manufacture of photographic plates, films, sensitized paper and other sensitized unexposed material. It also includes substances used for pickling metal, making propellant powders, and creating powders and pastes for soldering, brazing, or welding. All market data and forecasts are based on nominal prices, and all currency conversions used in the creation of this report have been calculated using yearly annual average exchange rates. The USD values may show a declining trend for a few countries, such as Argentina, Turkey, Nigeria, Egypt, and Russia. This is primarily because of the impact of exchange rates considered. The global chemicals market recorded revenues of $5.44 trillion in 2024, representing a compound annual growth rate (CAGR) of 5.9% between 2019 and 2024. The commodity chemicals segment accounted for the market's largest proportion in 2024, with total revenues of $2.94 trillion, equivalent to 54.2% of the market's overall value. According to the publisher, Asia-Pacific dominated the global chemicals market in 2024, commanding the largest share of 63.1%. Scope Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the global chemicals market Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the global chemicals market Leading company profiles reveal details of key chemicals market players' global operations and financial performance Add weight to presentations and pitches by understanding the future growth prospects of the global chemicals market with five year forecasts by both value and volume Macroeconomic indicators provide insight into general trends within the global economy Reasons to Buy What was the size of the global chemicals market by value in 2024? What will be the size of the global chemicals market in 2029? What factors are affecting the strength of competition in the global chemicals market? How has the market performed over the last five years? What are the main segments that make up the global chemicals market? Key Topics Covered: 1 Executive Summary1.1. Market value1.2. Market value forecast1.3. Category segmentation1.4. Geography segmentation1.5. Competitive landscape2 Introduction2.1. What is this report about?2.2. Who is the target reader?2.3. How to use this report2.4. Definitions3 Global Chemicals3.1. Market Overview3.2. Market Data3.3. Market Segmentation3.4. Market outlook3.5. Five forces analysis4 Macroeconomic Indicators4.1. Country data Company Profiles Acron AECI Ltd Alpek SAB de CV Alpha HPA Ltd Arcadium Lithium PLC Arkema SA Asahi Kasei Corp BASF SE Braskem SA China National Petroleum Corp China Petrochemical Corp China Petroleum & Chemical Corp Croda International Plc Dow Inc DuPont de Nemours Inc Dyno Nobel Ltd Evonik Industries AG ExxonMobil Chemical Co Gujarat Fluorochemicals Ltd Hanwha Solutions Corp INEOS Ltd Johnson Matthey Plc Lanxess AG LG Chem Ltd Lotte Chemical Corp LyondellBasell Industries NV Merck KGaA Methanex Corp Mitsubishi Chemical Group Corp Mitsui Chemicals Inc Nouryon Chemicals Holding BV Nova Chemicals Corp Nutrien Ltd Omnia Holdings Ltd Orica Ltd PetroChina Co Ltd Phosagro Pidilite Industries Ltd Polynt SpA PT Chandra Asri Pacific Tbk PT Lautan Luas Tbk PT Pupuk Indonesia Holding Co Reliance Industries Ltd Sasa Polyester Sanayi AS Sasol Ltd Schelkovo Agrohim JSC Shell Chemicals Ltd Sibur Holding SK Innovation Co Ltd Solvay SA SRF Ltd Sumitomo Chemical Co Ltd Tata Chemicals Ltd TotalEnergies SE Versalis SpA Victrex Plc Wanhua Chemical Group Co Ltd Yara International ASA For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
26-05-2025
- Business
- Yahoo
Cryogenic Pumps Market Size to Reach $3.54 billion by 2031, Experiences Growth Due to Growing Demand for Liquefied Natural Gas
The report runs an in-depth analysis of market trends, key players, and future opportunities. The Cryogenic Pump Market analysis focuses on a vast array of applications that are expected to determine market strength in the coming years. US & Canada, May 26, 2025 (GLOBE NEWSWIRE) -- According to a new comprehensive report from The Insight Partners, the global Cryogenic Pump Market is observing significant growth owing to increasing demand for liquefied natural gas. The cryogenic pumps market share is experiencing steady growth due to increasing demand in industries such as healthcare, energy, electronics, and aerospace. These pumps are essential for handling liquefied gases like LNG, nitrogen, oxygen, and helium at extremely low temperatures. Technological advancements and rising investments in LNG infrastructure further drive market expansion. Asia-Pacific dominates the market, followed by North America and explore the valuable insights in the Cryogenic Pump Market report, you can easily download a sample PDF of the report - of Report Findings 1. Market Growth: The Cryogenic Pump Market was valued at US$ 2.42 billion in 2024 and is projected to reach US$ 3.54 billion by 2031; it is expected to register a CAGR of 5.6% during 2025–2031. The global Cryogenic Pump Market is witnessing substantial growth and is estimated to preserve its upward trajectory in the foreseeable future. This growth is attributed to the growing emphasis on the expanding demand for liquefied natural gas. The rising demand for clean energy fuels and renewables is raising at an unprecedented rate. Liquefied natural gas (LNG) is one of the clean energy which fuels with diverse applications. The implementation of LNG has increased significantly as it is highly suitable for power generation and industrial applications, owing to its high efficiency while emitting low carbon emissions. Cryogenic pumps play an important role in the transportation of LNG. For effective transportation, the natural gas is maintained at an extremely low temperature. These pumps have a special design that incorporates special materials, thermal insulation, and sealing that ensures safety and reliability at extreme temperatures. Thus, the adoption of cryogenic pumps is high in the LNG industry. 2. Cryogenic pumps play a essential role in the healthcare industry, predominantly in the storage and transportation of medical-grade cryogenic liquids such as nitrogen, liquid oxygen, and helium. Cryogenic liquids are utilized for the preservation of biological samples, including tissues, cells, organs, and vaccines. The development of biopharmaceuticals, remarkably personalized medicine and regenerative therapies, is steering the demand for cryogenic pumps. 3. Growing Industrial Investments: Emerging economies in Asia-Pacific, the Middle East, and South America are witnessing rapid industrial growth, which is contributing significantly to the cryogenic pumps market. Industries such as chemicals, metallurgy, food processing, and electronics necessitate cryogenic liquids for cooling, inerting, or other nitrogen is used in food freezing and argon is applied in the production of specialty metals and semiconductors. Cryogenic pumps are significantly utilized in the steel industry for handling gases like argon and oxygen required in the blast furnace process. As construction and infrastructure projects expand in emerging markets, so does the demand for cryogenic piumps. The aerospace and space exploration divisions are increasing rapidly, driven by developments in technology and escalated investments from both government and private entities. Cryogenic pumps are critical for handling cryogenic fuels like liquid hydrogen and liquid oxygen, which are leveraged in rocket propulsion systems. National space agencies like ESA, NASA, ISRO, and CNSA are financing in projects, such as lunar exploration and Mars missions, further boosting the growth of cryogenic pumps market. 4. Geographical Insights: In 2024, Asia Pacific led the market with a substantial revenue share, followed by North America and Europe. Further, Asia Pacific is expected to register the highest CAGR during the forecast period. Market Segmentation In terms of type, the market is categorized into centrifugal, positive displacement. The centrifugal segment dominated the market in 2024. By design type, the market is categorized into submersible, non-submersible. The submersible segment dominated the market in 2024. Based on cryogen, the market is divided into nitrogen, argon, oxygen, LNG, hydrogen, helium, others. The LNG segment dominated the market in 2024. Based on industry vertical, the market is divided into electronics and semiconductor, healthcare and pharmaceutical, energy and power, metallurgy, aerospace, chemical, others. The energy and power segment dominated the market in 2024. The Cryogenic Pump Market is segmented into five major regions: North America, Europe, APAC, Middle East and Africa, and South and Central America. Get Updated Sample PDF on The Cryogenic Pump Market Report: Competitive Strategy and Development Key Players: A few major companies operating in the Cryogenic Pump Market are SHI Cryogenics Group, Fives SAS, Cryostar SAS, Ebara Elliott Energy, CRYOGENIC MACHINERY CORP, Nikkiso Co Ltd, Sulzer Ltd, Ruhrpumpen, Inc., Vanzetti Engineering S.p.A., Trillium US Inc., PHPK Technologies, Technex Limited, Barber-Nichols, Inc., HSR AG, and GemmeCotti Srl. Trending Topics: Centrifugal Pump, Posiitve Displacement Pump Global Headlines on Cryogenic Pump Fives announced that it has entered into exclusive negotiations to sell its cryogenics business unit (part of the energy segment in the Process Technologies division) to Alfa Laval, a listed company headquartered in Sweden that specializes in heat transfer, separation, and fluid handling technologies (March-2025). Nikkiso Clean Energy & Industrial Gases Group (Group), part of Nikkiso Co. Ltd.'s Industrial Division, announced it will design and manufacture a new hydrogen-pump unit after Nikkiso Co. Ltd. received a first order from Kawasaki Heavy Industries Ltd. for its hydrogen-fueled ship. The hydrogen carrier is expected to enter service in 2028 (April-2025).Purchase Premium Copy of Global Cryogenic Pump Market Size and Growth Report (2021-2031) at: Constant innovation in cryogenic pump technologies is increasing their efficiency, reliability, and performance, which is contributing to market growth. Manufacturers are manufacturing pumps with improved energy efficiency to decrease operational expenditures and environmental impact. Cryogenic pumps with advanced monitoring and control systems, fueled by IoT, facilitate minimize downtime and improve system reliability in critical applications. The utilization of advanced materials that can withstand extreme temperatures and corrosive environments is enhancing the durability and lifespan of cryogenic pumps. The report from The Insight Partners, therefore, provides several stakeholders—including component providers, system technology integrators, system manufacturers, and others—with valuable insights into how to successfully navigate this evolving market landscape and unlock new to Us Directly: Related Reports: About Us: The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials. Contact Us: If you have any queries about this report or if you would like further information, please contact us: Contact Person: Ankit Mathur E-mail: Phone: +1-646-491-9876 Home -