Pressure Control Equipment Market worth $8.9 Billion by 2027
The global Pressure Control Equipment Market is projected to reach USD 8.9 billion in 2027 from USD 6.8 billion in 2022 at a CAGR of 5.4% according to a new report by MarketsandMarkets™. Pressure control equipment helps in maintaining the required pressure levels inside a wellbore while performing well intervention operation in easy and arduous conditions. Stringent standards are followed in the...
Pressure Control Equipment Market worth $8.9 Billion by 2027
The global Pressure Control Equipment Market is projected to reach USD 8.9 billion in 2027 from USD 6.8 billion in 2022 at a CAGR of 5.4% according to a new report by MarketsandMarkets™.Pressure control equipment helps in maintaining the required pressure levels inside a wellbore while performing well intervention operation in easy and arduous conditions. Stringent standards are followed in the...
Well Intervention Market Set to Reach New Heights in Response to Increasing New Oil and Gas Discoveries
The global well intervention market is projected to reach USD 9.3 billion by 2026 from an estimated USD 7.6 billion in 2021, at a CAGR of 4.2 % during the forecast period. The global well intervention market is driven by the upsurge in the new oil and gas discoveries and increase in production of oil & gas by countries owing to rising demand from the Asia Pacific.
The well intervention market...
Well Intervention Market Rising Trends, Growing Demand and Business Opportunities by 2026
New Revenue Pockets:
The global well intervention market is projected to reach USD 9.3 billion by 2026 from an estimated USD 7.6 billion in 2021, at a CAGR of 4.2 % during the forecast period. The global well intervention market is driven by the upsurge in the new oil and gas discoveries and increase in production of oil & gas by countries owing to rising demand from the Asia Pacific.
The...
Growing Demand for Well Intervention Operations is Driving the Coiled Tubing Market
New Revenue Pockets:
The global coiled tubing market size is projected to reach USD 4.0 billion by 2025 from an estimated USD 3.0 billion in 2020, at a post COVID-19 CAGR of 5.8% during the forecast period. Stabilized oil prices have revitalized the exploration & production expenditures globally. This has led to increased investments in the enhancement of productivity of oil & gas wells....
Hydraulic Fracturing Market Size to Reach $50.2 billion by 2026 – Emerging Trends and Opportunities Analysis
According to the new market 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 2026″ The hydraulic fracturing market is projected to reach USD 50.2 billion by 2026. The hydraulic fracturing...
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...
Well Intervention Market Size, Share, Analysis, Regional Outlook and Forecast 2020-2025
The global intervention market is projected to reach USD 8.8 billion by 2025 from an estimated USD 7.1 billion in 2020, at a post COVID-19 CAGR of 4.5 % during the forecast period. Stabilized oil prices have revitalized the exploration & production expenditures globally. This has led to increased investments in the enhancement of productivity of oil & gas wells. Furthermore, the global well...
Well Intervention Market Outlook 2019 – Huge Growth, Trends, Revenue And In-Depth Analysis 2024
The Well Intervention Market is projected to reach USD 11.6 billion by 2024 from an estimated USD 8.8 billion in 2019, at a CAGR of 5.7% 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 well intervention market, globally. The well intervention activities...
Offshore ROV Market Emerging Trends, Growth and Opportunities to 2023
The offshore ROV market is estimated to be USD 802.9 million in 2018 and is projected to reach USD 943.1 million by 2023, at a CAGR of 3.27% from 2018 to 2023. The market is set to grow due to increasing offshore oil & gas discoveries in prominent countries and rise in demand for oil & gas.
The
Observation class segment is expected to hold the largest share of the Offshore
ROV market
The...