Global Thermowells Market Research Report 2023

Report ID: 1992716 | Published Date: Oct 2024 | No. of Page: 93 | Base Year: 2023 | Rating: 4 | Webstory: Check our Web story
1 Thermowells Market Overview
    1.1 Product Overview and Scope of Thermowells
    1.2 Thermowells Segment by Type
        1.2.1 Global Thermowells Market Size Growth Rate Analysis by Type 2022 VS 2028
        1.2.2 Threaded Thermowells
        1.2.3 Flanged Thermowells
        1.2.4 Weld-in Thermowells
        1.2.5 Sanitary Thermowells
    1.3 Thermowells Segment by Application
        1.3.1 Global Thermowells Consumption Comparison by Application: 2022 VS 2028
        1.3.2 HVAC
        1.3.3 Petrochemical
        1.3.4 Oil and Gas
        1.3.5 Others
    1.4 Global Market Growth Prospects
        1.4.1 Global Thermowells Revenue Estimates and Forecasts (2017-2028)
        1.4.2 Global Thermowells Production Estimates and Forecasts (2017-2028)
    1.5 Global Market Size by Region
        1.5.1 Global Thermowells Market Size Estimates and Forecasts by Region: 2017 VS 2021 VS 2028
        1.5.2 North America Thermowells Estimates and Forecasts (2017-2028)
        1.5.3 Europe Thermowells Estimates and Forecasts (2017-2028)
        1.5.4 China Thermowells Estimates and Forecasts (2017-2028)
        1.5.5 Japan Thermowells Estimates and Forecasts (2017-2028)
2 Market Competition by Manufacturers
    2.1 Global Thermowells Production Market Share by Manufacturers (2017-2022)
    2.2 Global Thermowells Revenue Market Share by Manufacturers (2017-2022)
    2.3 Thermowells Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
    2.4 Global Thermowells Average Price by Manufacturers (2017-2022)
    2.5 Manufacturers Thermowells Production Sites, Area Served, Product Types
    2.6 Thermowells Market Competitive Situation and Trends
        2.6.1 Thermowells Market Concentration Rate
        2.6.2 Global 5 and 10 Largest Thermowells Players Market Share by Revenue
        2.6.3 Mergers & Acquisitions, Expansion
3 Production by Region
    3.1 Global Production of Thermowells Market Share by Region (2017-2022)
    3.2 Global Thermowells Revenue Market Share by Region (2017-2022)
    3.3 Global Thermowells Production, Revenue, Price and Gross Margin (2017-2022)
    3.4 North America Thermowells Production
        3.4.1 North America Thermowells Production Growth Rate (2017-2022)
        3.4.2 North America Thermowells Production, Revenue, Price and Gross Margin (2017-2022)
    3.5 Europe Thermowells Production
        3.5.1 Europe Thermowells Production Growth Rate (2017-2022)
        3.5.2 Europe Thermowells Production, Revenue, Price and Gross Margin (2017-2022)
    3.6 China Thermowells Production
        3.6.1 China Thermowells Production Growth Rate (2017-2022)
        3.6.2 China Thermowells Production, Revenue, Price and Gross Margin (2017-2022)
    3.7 Japan Thermowells Production
        3.7.1 Japan Thermowells Production Growth Rate (2017-2022)
        3.7.2 Japan Thermowells Production, Revenue, Price and Gross Margin (2017-2022)
4 Global Thermowells Consumption by Region
    4.1 Global Thermowells Consumption by Region
        4.1.1 Global Thermowells Consumption by Region
        4.1.2 Global Thermowells Consumption Market Share by Region
    4.2 North America
        4.2.1 North America Thermowells Consumption by Country
        4.2.2 U.S.
        4.2.3 Canada
    4.3 Europe
        4.3.1 Europe Thermowells Consumption by Country
        4.3.2 Germany
        4.3.3 France
        4.3.4 U.K.
        4.3.5 Italy
        4.3.6 Russia
    4.4 Asia Pacific
        4.4.1 Asia Pacific Thermowells Consumption by Region
        4.4.2 China
        4.4.3 Japan
        4.4.4 South Korea
        4.4.5 China Taiwan
        4.4.6 Southeast Asia
        4.4.7 India
        4.4.8 Australia
    4.5 Latin America
        4.5.1 Latin America Thermowells Consumption by Country
        4.5.2 Mexico
        4.5.3 Brazil
5 Segment by Type
    5.1 Global Thermowells Production Market Share by Type (2017-2022)
    5.2 Global Thermowells Revenue Market Share by Type (2017-2022)
    5.3 Global Thermowells Price by Type (2017-2022)
6 Segment by Application
    6.1 Global Thermowells Production Market Share by Application (2017-2022)
    6.2 Global Thermowells Revenue Market Share by Application (2017-2022)
    6.3 Global Thermowells Price by Application (2017-2022)
7 Key Companies Profiled
    7.1 SOR
        7.1.1 SOR Thermowells Corporation Information
        7.1.2 SOR Thermowells Product Portfolio
        7.1.3 SOR Thermowells Production, Revenue, Price and Gross Margin (2017-2022)
        7.1.4 SOR Main Business and Markets Served
        7.1.5 SOR Recent Developments/Updates
    7.2 Noshok
        7.2.1 Noshok Thermowells Corporation Information
        7.2.2 Noshok Thermowells Product Portfolio
        7.2.3 Noshok Thermowells Production, Revenue, Price and Gross Margin (2017-2022)
        7.2.4 Noshok Main Business and Markets Served
        7.2.5 Noshok Recent Developments/Updates
    7.3 WIKA Instrument
        7.3.1 WIKA Instrument Thermowells Corporation Information
        7.3.2 WIKA Instrument Thermowells Product Portfolio
        7.3.3 WIKA Instrument Thermowells Production, Revenue, Price and Gross Margin (2017-2022)
        7.3.4 WIKA Instrument Main Business and Markets Served
        7.3.5 WIKA Instrument Recent Developments/Updates
    7.4 Ashcroft
        7.4.1 Ashcroft Thermowells Corporation Information
        7.4.2 Ashcroft Thermowells Product Portfolio
        7.4.3 Ashcroft Thermowells Production, Revenue, Price and Gross Margin (2017-2022)
        7.4.4 Ashcroft Main Business and Markets Served
        7.4.5 Ashcroft Recent Developments/Updates
    7.5 REOTEMP
        7.5.1 REOTEMP Thermowells Corporation Information
        7.5.2 REOTEMP Thermowells Product Portfolio
        7.5.3 REOTEMP Thermowells Production, Revenue, Price and Gross Margin (2017-2022)
        7.5.4 REOTEMP Main Business and Markets Served
        7.5.5 REOTEMP Recent Developments/Updates
    7.6 Tel-Tru Manufacturing
        7.6.1 Tel-Tru Manufacturing Thermowells Corporation Information
        7.6.2 Tel-Tru Manufacturing Thermowells Product Portfolio
        7.6.3 Tel-Tru Manufacturing Thermowells Production, Revenue, Price and Gross Margin (2017-2022)
        7.6.4 Tel-Tru Manufacturing Main Business and Markets Served
        7.6.5 Tel-Tru Manufacturing Recent Developments/Updates
    7.7 OMEGA Engineering
        7.7.1 OMEGA Engineering Thermowells Corporation Information
        7.7.2 OMEGA Engineering Thermowells Product Portfolio
        7.7.3 OMEGA Engineering Thermowells Production, Revenue, Price and Gross Margin (2017-2022)
        7.7.4 OMEGA Engineering Main Business and Markets Served
        7.7.5 OMEGA Engineering Recent Developments/Updates
8 Thermowells Manufacturing Cost Analysis
    8.1 Thermowells Key Raw Materials Analysis
        8.1.1 Key Raw Materials
        8.1.2 Key Suppliers of Raw Materials
    8.2 Proportion of Manufacturing Cost Structure
    8.3 Manufacturing Process Analysis of Thermowells
    8.4 Thermowells Industrial Chain Analysis
9 Marketing Channel, Distributors and Customers
    9.1 Marketing Channel
    9.2 Thermowells Distributors List
    9.3 Thermowells Customers
10 Market Dynamics
    10.1 Thermowells Industry Trends
    10.2 Thermowells Market Drivers
    10.3 Thermowells Market Challenges
    10.4 Thermowells Market Restraints
11 Production and Supply Forecast
    11.1 Global Forecasted Production of Thermowells by Region (2023-2028)
    11.2 North America Thermowells Production, Revenue Forecast (2023-2028)
    11.3 Europe Thermowells Production, Revenue Forecast (2023-2028)
    11.4 China Thermowells Production, Revenue Forecast (2023-2028)
    11.5 Japan Thermowells Production, Revenue Forecast (2023-2028)
12 Consumption and Demand Forecast
    12.1 Global Forecasted Demand Analysis of Thermowells
    12.2 North America Forecasted Consumption of Thermowells by Country
    12.3 Europe Market Forecasted Consumption of Thermowells by Country
    12.4 Asia Pacific Market Forecasted Consumption of Thermowells by Region
    12.5 Latin America Forecasted Consumption of Thermowells by Country
13 Forecast by Type and by Application (2023-2028)
    13.1 Global Production, Revenue and Price Forecast by Type (2023-2028)
        13.1.1 Global Forecasted Production of Thermowells by Type (2023-2028)
        13.1.2 Global Forecasted Revenue of Thermowells by Type (2023-2028)
        13.1.3 Global Forecasted Price of Thermowells by Type (2023-2028)
    13.2 Global Forecasted Consumption of Thermowells by Application (2023-2028)
        13.2.1 Global Forecasted Production of Thermowells by Application (2023-2028)
        13.2.2 Global Forecasted Revenue of Thermowells by Application (2023-2028)
        13.2.3 Global Forecasted Price of Thermowells by Application (2023-2028)
14 Research Finding and Conclusion
15 Methodology and Data Source
    15.1 Methodology/Research Approach
        15.1.1 Research Programs/Design
        15.1.2 Market Size Estimation
        15.1.3 Market Breakdown and Data Triangulation
    15.2 Data Source
        15.2.1 Secondary Sources
        15.2.2 Primary Sources
    15.3 Author List
    15.4 Disclaimer
List of Tables
    Table 1. Global Thermowells Market Size by Type (K Units) & (US$ Million) (2022 VS 2028)
    Table 2. Global Thermowells Market Size by Application (K Units) & (US$ Million) (2022 VS 2028)
    Table 3. Thermowells Market Size Comparison by Region: 2017 VS 2021 VS 2028
    Table 4. Global Thermowells Production by Manufacturers (2017-2022) & (K Units)
    Table 5. Global Thermowells Production (K Units) by Manufacturers (2017-2022)
    Table 6. Global Thermowells Production Market Share by Manufacturers (2017-2022)
    Table 7. Global Thermowells Revenue by Manufacturers (2017-2022) & (US$ Million)
    Table 8. Global Thermowells Revenue Share by Manufacturers (2017-2022)
    Table 9. Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Thermowells as of 2021)
    Table 10. Global Market Thermowells Average Price (USD/Unit) of Key Manufacturers (2017-2022)
    Table 11. Manufacturers Thermowells Production Sites and Area Served
    Table 12. Manufacturers Thermowells Product Types
    Table 13. Global Thermowells Manufacturers Market Concentration Ratio (CR5 and HHI)
    Table 14. Mergers & Acquisitions, Expansion
    Table 15. Global Thermowells Production (K Units) by Region (2017-2022)
    Table 16. Global Thermowells Revenue (US$ Million) by Region (2017-2022)
    Table 17. Global Thermowells Revenue Market Share by Region (2017-2022)
    Table 18. Global Thermowells Production (K Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2017-2022)
    Table 19. North America Thermowells Production (K Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2017-2022)
    Table 20. Europe Thermowells Production (K Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2017-2022)
    Table 21. China Thermowells Production (K Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2017-2022)
    Table 22. Japan Thermowells Production (K Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2017-2022)
    Table 23. Global Thermowells Consumption Market by Region (2017-2022) & (K Units)
    Table 24. Global Thermowells Consumption Market Share by Region (2017-2022)
    Table 25. North America Thermowells Consumption by Country (2017-2022) & (K Units)
    Table 26. Europe Thermowells Consumption by Country (2017-2022) & (K Units)
    Table 27. Asia Pacific Thermowells Consumption by Region (2017-2022) & (K Units)
    Table 28. Latin America Thermowells Consumption by Country (2017-2022) & (K Units)
    Table 29. Global Thermowells Production (K Units) by Type (2017-2022)
    Table 30. Global Thermowells Production Market Share by Type (2017-2022)
    Table 31. Global Thermowells Revenue (US$ Million) by Type (2017-2022)
    Table 32. Global Thermowells Revenue Share by Type (2017-2022)
    Table 33. Global Thermowells Price (USD/Unit) by Type (2017-2022)
    Table 34. Global Thermowells Production by Application (2017-2022) & (K Units)
    Table 35. Global Thermowells Production Market Share by Application (2017-2022)
    Table 36. Global Thermowells Revenue (US$ Million) by Application (2017-2022)
    Table 37. Global Thermowells Revenue Share by Application (2017-2022)
    Table 38. Global Thermowells Price (USD/Unit) by Application (2017-2022)
    Table 39. SOR Thermowells Corporation Information
    Table 40. SOR Specification and Application
    Table 41. SOR Thermowells Production (K Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2017-2022)
    Table 42. SOR Main Business and Markets Served
    Table 43. SOR Recent Developments/Updates
    Table 44. Noshok Thermowells Corporation Information
    Table 45. Noshok Specification and Application
    Table 46. Noshok Thermowells Production (K Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2017-2022)
    Table 47. Noshok Main Business and Markets Served
    Table 48. Noshok Recent Developments/Updates
    Table 49. WIKA Instrument Thermowells Corporation Information
    Table 50. WIKA Instrument Specification and Application
    Table 51. WIKA Instrument Thermowells Production (K Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2017-2022)
    Table 52. WIKA Instrument Main Business and Markets Served
    Table 53. WIKA Instrument Recent Developments/Updates
    Table 54. Ashcroft Thermowells Corporation Information
    Table 55. Ashcroft Specification and Application
    Table 56. Ashcroft Thermowells Production (K Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2017-2022)
    Table 57. Ashcroft Main Business and Markets Served
    Table 58. Ashcroft Recent Developments/Updates
    Table 59. REOTEMP Thermowells Corporation Information
    Table 60. REOTEMP Specification and Application
    Table 61. REOTEMP Thermowells Production (K Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2017-2022)
    Table 62. REOTEMP Main Business and Markets Served
    Table 63. REOTEMP Recent Developments/Updates
    Table 64. Tel-Tru Manufacturing Thermowells Corporation Information
    Table 65. Tel-Tru Manufacturing Specification and Application
    Table 66. Tel-Tru Manufacturing Thermowells Production (K Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2017-2022)
    Table 67. Tel-Tru Manufacturing Main Business and Markets Served
    Table 68. Tel-Tru Manufacturing Recent Developments/Updates
    Table 69. OMEGA Engineering Thermowells Corporation Information
    Table 70. OMEGA Engineering Specification and Application
    Table 71. OMEGA Engineering Thermowells Production (K Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2017-2022)
    Table 72. OMEGA Engineering Main Business and Markets Served
    Table 73. OMEGA Engineering Recent Developments/Updates
    Table 74. Production Base and Market Concentration Rate of Raw Material
    Table 75. Key Suppliers of Raw Materials
    Table 76. Thermowells Distributors List
    Table 77. Thermowells Customers List
    Table 78. Thermowells Market Trends
    Table 79. Thermowells Market Drivers
    Table 80. Thermowells Market Challenges
    Table 81. Thermowells Market Restraints
    Table 82. Global Thermowells Production (K Units) Forecast by Region (2023-2028)
    Table 83. North America Thermowells Consumption Forecast by Country (2023-2028) & (K Units)
    Table 84. Europe Thermowells Consumption Forecast by Country (2023-2028) & (K Units)
    Table 85. Asia Pacific Thermowells Consumption Forecast by Region (2023-2028) & (K Units)
    Table 86. Latin America Thermowells Consumption Forecast by Country (2023-2028) & (K Units)
    Table 87. Global Thermowells Production Forecast by Type (2023-2028) & (K Units)
    Table 88. Global Thermowells Revenue Forecast by Type (2023-2028) & (US$ Million)
    Table 89. Global Thermowells Price Forecast by Type (2023-2028) & (USD/Unit)
    Table 90. Global Thermowells Production Forecast by Application (2023-2028) & (K Units)
    Table 91. Global Thermowells Revenue Forecast by Application (2023-2028) & (US$ Million)
    Table 92. Global Thermowells Price Forecast by Application (2023-2028) & (USD/Unit)
    Table 93. Research Programs/Design for This Report
    Table 94. Key Data Information from Secondary Sources
    Table 95. Key Data Information from Primary Sources
List of Figures
    Figure 1. Product Picture of Thermowells
    Figure 2. Global Thermowells Market Share by Type: 2022 VS 2028
    Figure 3. Threaded Thermowells Product Picture
    Figure 4. Flanged Thermowells Product Picture
    Figure 5. Weld-in Thermowells Product Picture
    Figure 6. Sanitary Thermowells Product Picture
    Figure 7. Global Thermowells Market Share by Application: 2022 VS 2028
    Figure 8. HVAC
    Figure 9. Petrochemical
    Figure 10. Oil and Gas
    Figure 11. Others
    Figure 12. Global Thermowells Revenue (US$ Million), 2017 VS 2021 VS 2028
    Figure 13. Global Thermowells Revenue (US$ Million) (2017-2028)
    Figure 14. Global Thermowells Production (K Units) & (2017-2028)
    Figure 15. North America Thermowells Revenue (US$ Million) and Growth Rate (2017-2028)
    Figure 16. Europe Thermowells Revenue (US$ Million) and Growth Rate (2017-2028)
    Figure 17. China Thermowells Revenue (US$ Million) and Growth Rate (2017-2028)
    Figure 18. Japan Thermowells Revenue (US$ Million) and Growth Rate (2017-2028)
    Figure 19. Thermowells Production Share by Manufacturers in 2021
    Figure 20. Global Thermowells Revenue Share by Manufacturers in 2021
    Figure 21. Thermowells Market Share by Company Type (Tier 1, Tier 2 and Tier 3): 2017 VS 2021
    Figure 22. Global Market Thermowells Average Price (USD/Unit) of Key Manufacturers in 2021
    Figure 23. The Global 5 and 10 Largest Players: Market Share by Thermowells Revenue in 2021
    Figure 24. Global Thermowells Production Market Share by Region (2017-2022)
    Figure 25. North America Thermowells Production (K Units) Growth Rate (2017-2022)
    Figure 26. Europe Thermowells Production (K Units) Growth Rate (2017-2022)
    Figure 27. China Thermowells Production (K Units) Growth Rate (2017-2022)
    Figure 28. Japan Thermowells Production (K Units) Growth Rate (2017-2022)
    Figure 29. Global Thermowells Consumption Market Share by Region (2017-2022)
    Figure 30. North America Thermowells Consumption and Growth Rate (2017-2022) & (K Units)
    Figure 31. North America Thermowells Consumption Market Share by Country in 2021
    Figure 32. Canada Thermowells Consumption Growth Rate (2017-2022) & (K Units)
    Figure 33. U.S. Thermowells Consumption Growth Rate (2017-2022) & (K Units)
    Figure 34. Europe Thermowells Consumption Growth Rate (2017-2022) & (K Units)
    Figure 35. Europe Thermowells Consumption Market Share by Country in 2021
    Figure 36. Germany Thermowells Consumption and Growth Rate (2017-2022) & (K Units)
    Figure 37. France Thermowells Consumption and Growth Rate (2017-2022) & (K Units)
    Figure 38. U.K. Thermowells Consumption and Growth Rate (2017-2022) & (K Units)
    Figure 39. Italy Thermowells Consumption and Growth Rate (2017-2022) & (K Units)
    Figure 40. Russia Thermowells Consumption and Growth Rate (2017-2022) & (K Units)
    Figure 41. Asia Pacific Thermowells Consumption and Growth Rate (2017-2022) & (K Units)
    Figure 42. Asia Pacific Thermowells Consumption Market Share by Regions in 2021
    Figure 43. China Thermowells Consumption and Growth Rate (2017-2022) & (K Units)
    Figure 44. Japan Thermowells Consumption and Growth Rate (2017-2022) & (K Units)
    Figure 45. South Korea Thermowells Consumption and Growth Rate (2017-2022) & (K Units)
    Figure 46. China Taiwan Thermowells Consumption and Growth Rate (2017-2022) & (K Units)
    Figure 47. Southeast Asia Thermowells Consumption and Growth Rate (2017-2022) & (K Units)
    Figure 48. India Thermowells Consumption and Growth Rate (2017-2022) & (K Units)
    Figure 49. Australia Thermowells Consumption and Growth Rate (2017-2022) & (K Units)
    Figure 50. Latin America Thermowells Consumption and Growth Rate (2017-2022) & (K Units)
    Figure 51. Latin America Thermowells Consumption Market Share by Country in 2021
    Figure 52. Mexico Thermowells Consumption and Growth Rate (2017-2022) & (K Units)
    Figure 53. Brazil Thermowells Consumption and Growth Rate (2017-2022) & (K Units)
    Figure 54. Production Market Share of Thermowells by Type (2017-2022)
    Figure 55. Production Market Share of Thermowells by Type in 2021
    Figure 56. Revenue Share of Thermowells by Type (2017-2022)
    Figure 57. Revenue Market Share of Thermowells by Type in 2021
    Figure 58. Production Market Share of Thermowells by Application (2017-2022)
    Figure 59. Production Market Share of Thermowells by Application in 2021
    Figure 60. Revenue Share of Thermowells by Application (2017-2022)
    Figure 61. Revenue Market Share of Thermowells by Application in 2021
    Figure 62. Manufacturing Cost Structure of Thermowells
    Figure 63. Manufacturing Process Analysis of Thermowells
    Figure 64. Thermowells Industrial Chain Analysis
    Figure 65. Channels of Distribution
    Figure 66. Distributors Profiles
    Figure 67. Global Thermowells Production Market Share Forecast by Region (2023-2028)
    Figure 68. North America Thermowells Production (K Units) Growth Rate Forecast (2023-2028)
    Figure 69. Europe Thermowells Production (K Units) Growth Rate Forecast (2023-2028)
    Figure 70. China Thermowells Production (K Units) Growth Rate Forecast (2023-2028)
    Figure 71. Japan Thermowells Production (K Units) Growth Rate Forecast (2023-2028)
    Figure 72. Global Forecasted Demand Analysis of Thermowells (2017-2028) & (K Units)
    Figure 73. Global Thermowells Production Market Share Forecast by Type (2023-2028)
    Figure 74. Global Thermowells Revenue Market Share Forecast by Type (2023-2028)
    Figure 75. Global Thermowells Production Market Share Forecast by Application (2023-2028)
    Figure 76. Global Thermowells Revenue Market Share Forecast by Application (2023-2028)
    Figure 77. Bottom-up and Top-down Approaches for This Report
    Figure 78. Data Triangulation
Please ask for List of Figures. Request Sample Report
Companies Included in Reports:
SOR
Noshok
WIKA Instrument
Ashcroft
REOTEMP
Tel-Tru Manufacturing
OMEGA Engineering
Frequently Asked Questions
Thermowells report offers great insights of the market and consumer data and their interpretation through various figures and graphs. Report has embedded global market and regional market deep analysis through various research methodologies. The report also offers great competitor analysis of the industries and highlights the key aspect of their business like success stories, market development and growth rate.
Thermowells report is categorised based on following features:
  1. Global Market Players
  2. Geopolitical regions
  3. Consumer Insights
  4. Technological advancement
  5. Historic and Future Analysis of the Market
Thermowells report is designed on the six basic aspects of analysing the market, which covers the SWOT and SWAR analysis like strength, weakness, opportunity, threat, aspirations and results. This methodology helps investors to reach on to the desired and correct decision to put their capital into the market.

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