Cryogenic Equipment Market is on an ambitious trajectory, aiming for a projected valuation of US$ 41 billion by 2032, according to Persistence Market Research [Yahoo! Finance]
Standex International Corporation (SXI)
Last standex international corporation earnings: 2/3 04:13 pm
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Source: Yahoo! Finance
Understand market drivers, challenges, and strategic insights for industry stakeholders New York, Jan. 23, 2024 (GLOBE NEWSWIRE) -- The market share for cryogenic equipment stands at approximately US$ 22.4 billion. As the adoption of renewable energy increases, the cryogenic equipment sector is expected to thrive, reaching US$ 41 billion and demonstrating a 6.4% CAGR from 2022 to 2032. The cryogenic equipment market refers to the sector involved in the production, distribution, and utilization of equipment designed to operate at extremely low temperatures, typically below -150°C (-238°F). This equipment includes various devices such as cryogenic storage tanks, valves, pumps, and vaporizers, among others. The primary applications of cryogenic equipment span multiple industries, including healthcare (for storing biological samples and medical gases), aerospace (for rocket propulsion systems), food processing (for freezing and preserving food items), and energy (for liquefied natural
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- Standex International's (NYSE:SXI) 22% CAGR outpaced the company's earnings growth over the same five-year period [Yahoo! Finance]Yahoo! Finance
- STANDEX TO PARTICIPATE IN D.A. DAVIDSON BEST-OF-BREED BISON CONFERENCEPR Newswire
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Earnings
- 2/1/24 - Beat
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Sec Filings
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- 4/3/24 - Form 4
- SXI's page on the SEC website