The robotic welding market is expected to grow at a CAGR of 8.91%, from 2018 to 2023, to reach a market size of USD 5.96 billion by 2023. Increasing implementation of Industry 4.0 revolution and rising need for scalability in manufacturing units in developing economies …
The gas-insulated substation market is expected to register a CAGR of 9.3% from 2018 to 2023. The growth in this market is supported mainly by the growing renewable power generation, the increasing investments in the transmission & distribution infrastructure, the rising energy demand, and limitations …
The global pressure switch market is projected to reach USD 2.09 billion by 2023, at a CAGR of 4.39%, from an estimated USD 1.69 billion in 2018. The growth of the pressure switch market is mainly driven by the increasing focus on process automation and …
The global floating power plant market is expected to grow from an estimated USD 889.6 million in 2017 to USD 1,440.1 million by 2022, at a CAGR of 10.11%, from 2017 to 2022. The factors driving the market include increasing demand for power, coupled with …
The Ceramic Tube Market is expected to grow at a CAGR of 7.52%, from 2017 to 2022, to reach a projected market size of USD 993.3 million by 2022. Rapid growth in the manufacturing sector in Asia-Pacific along with an increase in investments in the …
The global flame arrestors market is expected to grow at a CAGR of 5.31%, from 2018 to 2023, to reach a market size of USD 924.7 million by 2023. The shale gas and tight oil boom in North America and China are expected to drive …
The critical power and cooling market is expected to grow from an estimated USD 16.87 billion in 2016 to USD 25.80 billion by 2021, at a CAGR of 8.88%, from 2016 to 2021. A rise in digitalization and cloud computing leading to an increase in …
The global pipeline integrity market is projected to reach USD 2.1 billion by 2024 from an estimated USD 1.7 billion in 2019, at a CAGR of 4.33% during the forecast period. This growth can be attributed to factors such as huge investment pool in the …
The distribution automation market is estimated to grow at a CAGR of 7.29% from 2018 to 2023, to reach a projected market size of USD 16.81 billion by 2023. Distribution automation is a solution, which includes monitoring, protecting, controlling, and maintaining the distribution network. Distribution …
AI in Oil and Gas Market is expected to grow at a CAGR of 12.66%, from 2017 to 2022, to reach a projected market size of USD 2.58 billion by 2022. This growth is mainly attributed to the increasing demand for big data technology in …
The oilfield equipment rental market is expected to grow at a CAGR of 3.87%, from 2017 to 2022, to reach a market size of USD 20.55 billion by 2022. Increasing technological advancements in oilfield equipment rental, rising global investments in Exploration & Production (E&P), growing …
The subsea well access system market is expected to grow at a CAGR of 4.79%, from 2017 to 2022, to reach a market size of USD 3.62 billion by 2022. Increasing new offshore discoveries and demand for well access system in subsea would drive the …
The surge protection devices market is expected to grow at a CAGR of 5.47%, from 2017 to 2022, to reach a market size of USD 2,685.9 million by 2022. Growing demand for protection systems for electronic devices, power quality issues, a rise in alternative energy …
The screw compressor market is expected to grow from an estimated USD 7.99 Billion in 2016 to USD 11.01 Billion by 2021, at a CAGR of 6.62%. The global market is set to witness significant growth, due to the increasing demand for energy-efficient compressors and …