Hydraulic Fracturing Market Size to Reach $74.4 billion by 2028
According to a research report “Hydraulic Fracturing Market by Well Type (Horizontal Well, and Vertical Well), Technology (Plug and Perf, and Sliding Sleeve), Application (Shale gas, Tight Oil, and Tight gas) and Region – Global Trends and Forecast to 2028″ published by MarketsandMarkets, the global hydraulic fracturing market is projected to reach USD 74.4 billion by 2028 from an...
Why the Hydraulic Fracturing Market Is Booming and How to Get in on the Action
New Revenue Pockets:
The global hydraulic fracturing market is projected to reach USD 50.2 billion by 2026 from an estimated USD 34.8 billion in 2021, at a CAGR of 7.6% during the forecast period. The global hydraulic fracturing market is driven by the maturing conventional oil and gas reserves, the need for substitute resources, which could efficiently meet the rising energy demand, is growing....
AI in Oil & Gas Market to exceed 2.85 Billion by 2022
The global AI in Oil & Gas Market is expected to grow from an estimated USD 1.57 Billion in 2017 to USD 2.85 Billion by 2022, at a CAGR of 12.66%, from 2017 to 2022. This growth can be attributed to the factors such as rising adoption of the big data technology, digitalization of the Oil & Gas industry, investments in AI-related start-ups, and rising pressure to reduce production...
Digital Oilfield Market to Grow $32.0 Billion by 2026
According to the new market research report “Digital Oilfield Market by Solution (Hardware, Software & Service, and Data Storage Solutions), Processes (Reservoir, Production, Drilling Optimizations, Safety Management), Application (Onshore and Offshore), and Region – Global Forecast to 2026″, published by MarketsandMarkets™, the global digital oilfield market size is expected...
Well Testing Services Market to Reach $8.8 Billion by 2026
According to the new market research report
“Well
Testing Services Market by Services (Downhole Well Testing, Surface
Well Testing, Reservoir Sampling, Real Time Well Testing, Hydraulic Fracturing
Method Testing) by Application (Onshore, Offshore), by Well Type (Horizontal
Wells, Vertical Wells), by Stages (Exploration, Appraisal, Development,
Production) by Region – Global Forecast to...
Well Casing & Cementing Market Size to Reach $11.7 Billion by 2024
The global Well
Casing & Cementing Market is projected to reach USD 11.7 billion by
2024 from an estimated USD 9.2 billion in 2019, at a CAGR of 5.0% during the
forecast period. Increasing drilling activities along with shale developments
in North America, Asia Pacific, and some parts of South & Central America
are the driving factors for the well casing & cementing market, globally.
The...
Coiled Tubing Market Report 2020-2025 | Evolution of Intelligent Coiled Tubing Technologies to Boost Growth
Latest report “Coiled Tubing Market by Fleet (Operator, Region), Service (Well Intervention Service (Well Completions & Mechanical Operations, Well Cleaning & Pumping Operations) Drilling Service, Others), Application (Onshore, Offshore), Region – Global Forecast to 2025″, size is projected to reach USD 4.0 billion by 2025 from an estimated USD 3.0 billion in 2020, at...
Industrial Filtration Market Size to Grow $41.1 Billion by 2025
The global Industrial Filtration Market size is expected to grow from an estimated value of USD 29.5 billion in 2020 to USD 41.1 billion by 2025, at a CAGR of 6.9% from 2020 to 2025. The growth of this market is driven by strict government regulations to eliminate air and water pollution. The demand for the treatment of industrial waste and the requirement of a safe working environment in industrial...
Oil & Gas Pumps Market Huge Growth Opportunity between 2020-2025
The oil & gas pumps market size will grow to USD 9.0 billion by 2025 (forecast year) from USD 6.6 billion in 2020 (estimated year), at a CAGR of 6.4% during the forecast period. Continuous shale development activities and the development of gas terminals are the key factors driving the growth of the oil & gas pumps market. Likewise, the development of pipeline infrastructure in Asia Pacific...
Oilfield Integrity Management Market expected to be $18.8 Billion by 2025
The Oilfield
Integrity Management Market size is expected to grow from an estimated USD
12.8 billion in 2020 to USD 18.8 billion by 2025, at a CAGR of 8.1%, during the
forecast period. Increasing focus on remote monitoring of oilfields for process
optimization and automation and stringent government regulations regarding
environmental safety are the key factors driving the oilfield integrity
management...