Understanding the Global Oil and Gas Pumps Market Dynamics to 2028
New Revenue Pockets:
The global oil and gas pumps market is projected to reach USD 10.9 billion by 2028 from an estimated USD 8.7 billion in 2023, at a CAGR of 4.7% during the forecast period. The rise in infrastructural development, global economic growth, and rise in exploration of new oil fields, accelerates the growth of the oil and gas pumps market.
Key Market Players
Atlas Copco AB...
Oil and Gas Pumps Market Size to Grow $10.9 billion by 2028
According to a research report “Oil and Gas Pumps Market by Type (Submersible, Non-submersible), Pump Type (Centrifugal, Positive Displacement (Screw, Reciprocating, Progressive Cavity), Cryogenic), Application (Upstream, Midstream, Downstream) and Region – Global Forecast to 2028″ published by MarketsandMarkets, the global oil and gas pumps market is projected to reach USD 10.9...
Cryogenic Pump Market May Reach to $1.5 billion by 2027
According to the new market research report “Cryogenic Pump Market by Orientation, Design (Submersible, Non-Submersible), Type, Cryogen (Nitrogen, Argon, Oxygen, LNG, Helium, Hydrogen), End User (Energy & Power, Chemicals, Metallurgy, Healthcare & Pharmaceuticals) & Region – Global forecast to 2027″, is projected to reach USD 1.5 billion by 2027 from an estimated...
Global Submersible Pumps Market (2020-2025) – Growth, Trends, COVID-19 Impact, and Forecasts
Latest report “Submersible Pumps Market by Type (Electric, Hydraulic, Air-Driven), Application (Open Pit, Borewell), Operation (Single-stage, Multi-stage), Power Rating (<1, 1-5, 5-15, >15 HP), Sector (Industrial, Agricultural, Domestic), Region – Global Forecasts to 2025”
The submersible pumps market size will grow to USD 15.5 billion by 2025 (forecast year) from USD...
High Demand in the Agricultural Sector Expected to Drive the Growth of Submersible Pumps Market
The submersible pumps market is projected to reach USD 15.5 billion by 2025 from an estimated USD 11.2 billion in 2020, at a CAGR of 6.7% during the forecast period. High demand for submersible pumps in agricultural sector, and increasing investments in construction industry attributing to rapid urbanization are the key factors driving the growth of the submersible pumps market. Likewise, adoption...