Industrial Centrifuge Procurement: Category Spend Analysis and Cost Drivers

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The industrial centrifuge category is expected to grow at a CAGR of 4.43% from 2023 to 2030. The growing demand for centrifuges from the process industries such as chemical, food, metal, mining, pharmaceutical, and biotechnology is expected to drive the category growth. Throughout the forecast period, a growing improvement in the wastewater management industry and technological advancements are expected to have positive effects on the category.

The North American region accounts for the largest category share. The high demand for crude oil, the massive amount of shale oil and gas drilling operations, a thriving food processing industry, technological advancements, government support to manage wastewater and initiatives to create novel centrifugation systems are all the factors that have contributed to the success of this region.

With the help of new technologies, the chemical industry is constantly utilizing industrial centrifuges for the separation process. Technological developments in this category include chemical separation technology and decanter centrifuge technology. The decanter centrifuge technology aims to provide the decanter's internal separation process to have better control and enhance the system's overall performance enabling quick responses towards altering feed conditions.

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3PL Services Procurement Intelligence Report, 2023 - 2030 (Revenue Forecast, Supplier Ranking & Matrix, Emerging Technologies, Pricing Models, Cost Structure, Engagement & Operating Model, Competitive Landscape)

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The third-party logistics (3PL) category is expected to grow at a CAGR of 10.7% from 2023 to 2030. With increased growth in the e-commerce sector, there is an increasing demand for better traceability and end-to-end visibility across the supply chain processes. More and more companies are focusing on reducing the distance of last-mile deliveries by placing fulfillment hubs at more convenient locations. 3PL companies are utilizing advanced technology to expedite deliveries and improve operational efficiencies by reducing handling points. All such factors are fueling the growth. The different segments considered for this report include - value-added logistics services, warehousing and distribution, international transportation, domestic transportation management, and dedicated contract carriage/ freight forwarding.

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Video Post-Production Services Procurement Intelligence Report, 2023 - 2030 (Revenue Forecast, Supplier Ranking & Matrix, Emerging Technologies, Pricing Models, Cost Structure, Engagement & Operating Model, Competitive Landscape)

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The video post-production services category is anticipated to grow at a CAGR of 13% from 2023 to 2030. Technological advancements such as AI, machine learning, and AR and VR have transformed the way videos are edited post-production. Automating post-production tasks such as arrangements of visual and audio, color correction, adding visual effects, and finishing touches are reshaping the video content creation and distribution. Technologies such as virtual reality, 360-degree video, machine learning, and artificial intelligence are expected to play crucial roles in this category. Additionally, the shift in consumer preference towards mobile-first video and the rising importance of social media platforms as distribution channels are driving the growth in the category.

Real-time editing and collaboration are likely to boost over the forecast period. The rising cloud-based platforms and high-speed internet enables video editing teams to work remotely and collaborate on projects in real-time. This helps them to improve their productivity while enhancing the efficiency. Real-time editing enables instantaneous feedback, allowing a more creative and dynamic process.

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