Pressure Switch Market Value Soars to US$ 3.5 billion by 2034: Increase in Railroad and Metro Projects Propel the Industry | Future Market Insights, Inc. [Yahoo! Finance]
Parker-Hannifin Corporation (PH)
Last parker-hannifin corporation earnings: 4/30 07:30 am
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Source: Yahoo! Finance
As air conditioning and heating systems become integral fixtures in homes across the United Kingdom, the demand for pressure switches is on the rise in the country. NEWARK, Del, March 08, 2024 (GLOBE NEWSWIRE) -- The pressure switch market is expected to be valued at US$ 2.1 billion in 2024. The market is expected to progress at a CAGR of from 2024 to 2034. By 2034, the market value is forecasted to hit US$ 3.5 billion The pressure switch market is growing hand in hand with HVAC systems. HVAC systems make prominent use of pressure switches and the increasing adoption of these systems is aiding the cause of the pressure switch market. The pressure switch industry is benefitting from the increasing sales of products like air conditioners and heaters. However, the industry has to contend with challenges even on its positive trajectory. The price of the product is a concern for several industry units, especially those on a smaller scale. The switches being prone to fail under advers
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PH
Earnings
- 8/8/24 - Beat
PH
Sec Filings
- 9/20/24 - Form ARS
- 9/20/24 - Form DEF
- 8/28/24 - Form 4
- PH's page on the SEC website