Mechanics & Equipment
The increase in water consumption for industrial applications and the necessity to remove the pollutants found in seawater, groundwater, and drinking water is also responsible for favoring the market growth
The water automation and instrumentation market is expected to reach US$ 41.1 Bn by 2028 from US$ 17.8 Bn in 2020, at a CAGR of 11.2% during the forecast period of 2020 to 2028
The global centrifugal pump market was valued US$ 34.1 Bn at the end of 2020 and expected to reach at a value of US$ 53.1 Bn by 2028 with a significant CAGR of 5.7%
The global bearing market was valued at US$ 109.5 Bn by the end of 2020 and expected to reach at a value of US$ 173.5 Bn by 2028 with a significant CAGR of 6.0%.