Marine Actuators and Valves Market to Reach US $4.43 Bn by 2025: Rise in International Trade to Enable Growth
Factors such as rapid globalization, the increasing demand for advanced valves in the marine sector, and a sizeable rise in foreign trade have acted in favor of the marine actuators and valves market's expansion worldwide. While the market is projected to report a CAGR between 5.9% between 2016 and 2025, it is in developing nations that it will witness maximum opportunities. In 2016, the market's valuation was at US$2.64 bn. However, rising at the aforementioned CAGR it is forecast to...
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