Progressing Cavity Pump Market Revenue to Hit $5.9 Billion by 2026
According to the new market research report “Progressing Cavity Pump Market by Pumping Capacity (Up to 500 GPM, 501–1,000 GPM, and more), Power Rating (Up to 50 HP, 51–150 HP, and more), End User (Oil & Gas, Food & Beverages, and more), and Region – Global Forecasts to 2026” The global progressing cavity pump market size is projected to reach USD 5.9 billion by 2026,...
Variable Frequency Drive (VFD) Market Projected to Reach $24.3 billion by 2025
The global variable frequency drive market is projected to reach USD 24.3 billion by 2025 from an estimated USD 19.2 billion in 2020, at a CAGR of 4.8% during the forecast period. This growth can be attributed to factors such as growing regulations towards energy efficiency, upgradation & modernization of aging infrastructure for safe & secure electrical distribution systems, and increasing...
Explosive growth report on Sand Control Solutions Market all Set to Witness Massive Growth during Forecast 2020-2025
The global sand control solutions market size will grow to USD 3.2 billion by 2025 (forecast year) from USD 2.1 billion in 2020 (estimated year), at a CAGR of 8.9% during the forecast period. The continuous shale development activities and efforts to increase reserve to production ratio from the wells are the key factors driving the growth of the sand control solutions market. Likewise, the...
AC Electric Motor Sales in Oil & Gas Market: Comprehensive Insights and Scope 2018 to 2023.
The global AC electric motor sales in oil & gas market is projected to reach USD 13.2 billion by 2023, at a CAGR of 4.62% from 2018 to 2023. The study involved 4 major activities in estimating the current size for the AC electric motor sales in oil & gas market. Exhaustive secondary research was done to collect information on the peer and parent markets. The next step was to validate these...