Hydraulic Workover Unit Market Expected to Grow $11.0 Billion by 2025
The global Hydraulic Workover Unit Market size
will grow to USD 11.0 billion by 2025 from USD 8.1 billion in 2020, at a CAGR
of 6.3% during the forecast period. The rising number of mature fields in
Europe and the Middle East, along with rising primary energy demand from the
Asia Pacific, are the driving factors for the Hydraulic Workover Unit Market
globally. The hydraulic workover unit activities...
Perforating Gun Market Surge Towards Outstanding Growth by 2027
The global perforating gun market is projected to reach USD 1.4 billion by 2027 from an estimated market size of USD 1.1 billion in 2022, at a CAGR of 5.6% during the forecast period. The factors driving the growth of Perforating Gun Market are rising exploration and production of unconventional oil & gas resources, especially in the North American region.
Tubing conveyed perforation system:
The...
Artificial Lift Market to Witness Huge Growth by 2025
The global Artificial
Lift Market is expected to grow from an estimated USD 8.0 billion in 2020
to USD 10.3 billion by 2025, at a CAGR of 5.0% during the forecast period.
Increasing efforts by upstream companies to enhance the production from the
mature fields is driving the artificial lift market.
Continuous shale development and the
growing investments in the upstream oil and gas sector are...
Offshore Support Vessel Market Booming Worldwide with Strong Growth by 2026
The global Offshore Support Vessel Market is expected to grow from an estimated USD 22.0 billion in 2021 to USD 26.8 billion by 2026, at a CAGR of 4.0%, during the forecast period. The market growth is driven by robust investments in the offshore oil & gas and renewable sectors. Increasing deepwater activities and decommissioning of aging offshore infrastructure is likely to offer lucrative...
Perforating Gun Market Size to Reach $1.4 Billion by 2027
According to the new market research report
“Perforating
Gun Market by Gun Type (Through Tubing Hollow Carrier & Exposed,
Wireline Conveyed Casing, TCP), Well Type (Horizontal, Vertical), Application
(Onshore, Offshore), Pressure, Depth, Type, Orientation, Explosives, Region –
Global Forecast to 2027″, published by MarketsandMarkets™, the global Perforating
Gun Market is projected...
Future Opportunities and Key Players of Water Cut Monitors Market
Global Water Cut Monitors market Overview
The Water Cut Monitors market is expected to grow from an estimated USD 188 million in 2019 to USD 241 million by 2024, at a CAGR of 5.0%, during the forecast period. The growth of the Water Cut Monitors market can be attributed to the rising demand for advanced and precise real-time monitoring instruments from the oil & gas sector, especially...
Pipeline Integrity Market Anticipated to Reach $2.1 Billion by 2024
The global Pipeline
Integrity Market is projected to reach $2.1 billion by 2024 from an
estimated $1.7 billion in 2019, at a CAGR of 4.33% during the forecast period.
This growth can be attributed to huge investment pool in the pipeline business,
increased government mandate and regulations for pipeline assessment, concern
over environment impact, the safety of pipelines and energy infrastructure,...
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...
Well Intervention Market Size to Grow $9.3 billion by 2026 – Historical and Future Challenges
According to the new research report “Well Intervention Market by Service (Logging and Bottomhole Survey, Tubing/Packer Failure and Repair, Stimulation), Intervention (Light, Medium, Heavy), Application (Onshore, Offshore) Well (Horizontal, Vertical) Region – Global Forecast to 2026” The well intervention market size will grow to USD 9.3 billion by 2026 from USD 7.6 billion...
Oil & Gas Pumps Market – Analysis with Ongoing Trends & Market Revenue
Global Oil & Gas Pumps Market Scenario:
The global oil & gas pumps market is projected to reach USD 9.0 billion by 2025 from an estimated USD 6.6 billion in 2020, 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...