Gas Turbine Market to Hit $22.5 Billion by 2026
According to the new market research report “Gas Turbine Market by Technology (Open Cycle and Combined Cycle), Design Type (Heavy Duty and Aeroderivative), End User (Power Generation, Oil & Gas), Rated Capacity (1–40 MW, 40–120 MW, 120–300 MW, Above 300 MW) and Region – Global Forecast to 2026″, published by MarketsandMarkets™, The global Gas Turbine Market is projected...
Intelligent Completion Market to Reach $2.16 Billion by 2023
The global Intelligent
Completion Market is expected to grow from an estimated USD 1.61 billion in
2018 to USD 2.16 billion by 2023, at a CAGR of 6.05%, from 2018 to 2023. The
market in Europe is estimated to be the largest for intelligent completion
followed by the North American market in 2017. This trend is expected to
continue till 2023. The growth of the intelligent completion market is driven
by...
Robotic Drilling Market to Hit $923.2 Million by 2023
The global robotic
drilling market is expected to grow from an estimated $658 million in 2018
to $923.3 million by 2023, at a CAGR of 7.01% from 2018 to 2023. This market
growth is driven by the increased drilling activities due to the development of
unconventional hydrocarbon resources and the adoption of automation and
robotics in oil and gas drilling, which results in higher efficiency drilling
and...
Perforating Gun Market to Surpass $898.7 Million by 2022
The global perforating
gun market is projected to reach $898.7 million by 2022, at a CAGR of
3.71%, from 2017 to 2022. The North American market is estimated to be the
largest for perforating guns, followed by Asia Pacific in 2017.
The increase in oil & gas production, increased shale
exploration, growing complexity of reservoir conditions, and increase in
average well depth over the years...
Pump Jack Market to exceed $3.63 Billion by 2022
The global pump
jack market is expected to grow from an estimated $2.86 billion in 2017 to
$3.63 billion by 2022, at a CAGR of 4.88% from 2017 to 2022. The market in
North America is estimated to be the largest market for pump jack, followed by
the market in Asia-Pacific. The North American market is also projected to be
the fastest growing market during the forecast period.
Increasing onshore...
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,...
Booster Compressor Market Size to Hit $2.39 Billion by 2023
The global Booster
Compressor Market is projected to reach a market size of USD 2.39
Billion in 2023, growing at a CAGR of 4.50%, from an estimated USD 1.92 Billion
in 2018. The market in Asia Pacific is estimated to be the largest for booster
compressors, followed by North America in 2018. Booster compressors are
available in modular design, due to which they are compatible with any
low-pressure...
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...
Intelligent Completion Market Likely to Boost Future Growth by 2023
The global Intelligent
Completion Market is expected to grow from an estimated USD 1.61 billion in
2018 to USD 2.16 billion by 2023, at a CAGR of 6.05%, from 2018 to 2023. The
market in Europe is estimated to be the largest for intelligent completion
followed by the North American market in 2017. This trend is expected to
continue till 2023. The growth of the intelligent completion market is driven
by...
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...