Explosion-proof Motor Market Value Projected to Reach US$ 5,540.8 Million by 2034: Amid Booming Oil and Gas Sector Worldwide | Future Market Insights, Inc. [Yahoo! Finance]
Regal Rexnord Corporation (RRX)
Company Research
Source: Yahoo! Finance
By 2034, the total valuation of the market in the country is forecasted to reach US$ 810.8 million. NEWARK, Del, April 25, 2024 (GLOBE NEWSWIRE) -- The global explosion-proof motor market size is forecast to increase from US$ 3,602.2 million in 2024 to US$ 5,540.8 million by 2034. Over the assessment period, global demand for explosion-proof motors is projected to surge at a CAGR of Explosion-proof motors are becoming increasingly popular as a result of the continuous growth of the oil & gas exploration sector. These motors are critical parts that are designed to function safely in dangerous conditions. Exploration efforts are stepping into more difficult environments and coming across explosive atmospheres as the world's energy needs rise. This means that specific equipment that can endure these kinds of circumstances is needed in order to prioritize safety and maintain operational continuity. Get an Exclusive Sample Copy of the Report: https://www.futuremarketinsights.com/re
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RRX
Earnings
- 2/7/24 - Beat
RRX
Sec Filings
- 4/29/24 - Form 3
- 4/24/24 - Form 8-K
- 4/16/24 - Form 4
- RRX's page on the SEC website