High-Speed Engine Market to Hit $27.1 Billion by 2026

High-Speed Engine Market
According to the new market research report “High-Speed Engine Market by Speed (1000-1500 rpm, 1500-1800 rpm, and Above 1800 rpm), Power Output (0.5-1 MW, 1-2 MW, 2-4 MW, and Above 4 MW), End User (Power Generation, Marine, Railway, Mining and Oil & Gas, and Others), & Region – Global Forecast to 2026″, published by MarketsandMarkets™, the global High-Speed Engine Market...

Vacuum Interrupter Market to be worth $3.1 Billion by 2025

Vacuum Interrupter Market
According to the new market research report “Vacuum Interrupter Market By Application (Circuit Breaker, Contactor, Recloser, Load Break Switch, & Tap Changer), End User (Oil & Gas, Mining, Utilities & Transportation), Rated Voltage And Region – Global Forecast To 2025″, published by MarketsandMarkets™, the Vacuum Interrupter Market is projected to reach USD 3.1 billion...

Hydraulic Workover Unit Market expected to reach $11.0 Billion by 2025

Hydraulic Workover Unit Market
According to the new market research report “Hydraulic Workover Unit Market by Service (Workover & Snubbing), Installation (Skid Mounted & Trailer Mounted), Capacity (0–50 Tonnes, 51–150 Tonnes, and Above 150 Tonnes), Application (Onshore, Offshore), and Region – Global Forecast to 2025″, published by MarketsandMarkets™, the Hydraulic Workover Unit Market size will...

Oilfield Integrity Management Market expected to be $18.8 Billion by 2025

Oilfield Integrity Management Market
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...

Digital Oilfield Market to Grow $28.5 Billion by 2025

Digital Oilfield Market
According to the new market research report “Digital Oilfield Market by Solutions (Hardware, Software & Service, and Data Storage Solutions), Processes (Reservoir, Production, and Drilling Optimizations), Application (Onshore and Offshore), and Region – Global Forecast to 2025″,published by MarketsandMarkets™, the Digital Oilfield Market size is expected to grow from an estimated...

Offshore Pipeline Market to See Strong Expansion through 2018-2023

The global offshore pipeline market is expected to grow from USD 11.5 million in 2018 to USD 15.8 billion by 2023, at a CAGR of 6.54% during the forecast period. The major factors driving the offshore pipeline market include increasing demand for crude oil and natural gas, especially from the Asia Pacific region. Increasing demand for safe, economical, and reliable connectivity is expected to drive...

Artificial Lift Market to Hit $10.3 Billion by 2025

Artificial Lift Market
The global Artificial Lift Market is projected to reach USD 10.3 billion by 2025 from an estimated USD 8.0 billion in 2020, at a CAGR of 5.0% during the forecast period. Continuous shale development and the growing investments in the upstream oil and gas sector is driving the demand for Artificial Lift Market. Moreover, the rising number of mature fields in Europe and the Middle East, along with new...

Pipeline & Process Services Market Expected to Grow $4.0 Billion by 2024

Pipeline & Process Services Market
The global pipeline & process services market is projected to reach USD 4.0 billion by 2024 from an estimated USD 3.3 billion in 2019, at a CAGR of 4.3% during the forecast period. Increase in demand for safe, economical, and reliable connectivity; and high investments lined up for pipeline business are driving the pipeline & process services market. However, problems faced by cross-border...

Pressure Vessel Market to Reach $53.3 Billion by 2025

The global Pressure Vessel Market size is projected to reach USD 53.3 billion by 2025 from an estimated USD 42.7 billion in 2020, at a CAGR of 4.5% during the forecast period. Increasing the construction of refinery & chemical plants and the adoption of supercritical and ultra-supercritical power generation technology is driving the growth of the market. Moreover, the installation of new pressure...

Digital Oilfield Market: Rising Demand From Oil & Gas Companies to Scale Up Production From Mature Wells

The global Digital Oilfield Market to grow from USD 24.1 billion in 2019 to USD 30.4 billion by 2024, at a CAGR of 4.7% during 2019-2024. The digital oilfield market is driven by major factors such as the new technological advancements, increased Return on Investment (ROI), and the rising need to scale up production from mature wells to optimize production. Adoption of new techniques such as IoT (Internet...