The wind turbine protection market is forecast to reach USD 2.8 billion by 2029 from an estimated USD 1.7 billion in 2024, at a CAGR of 10.5% during the forecast period (2024-2029). Wind turbine protection is essential because they face numerous environmental challenges, including rain, …
The global Offshore Support Vessel Market in terms of revenue was estimated to be worth $25.6 billion in 2024 and is poised to reach $36.3 billion by 2029, growing at a CAGR of 7.2% from 2024 to 2029 according to a new report by MarketsandMarkets™. …
The Well Intervention market is expected to grow from an estimated USD 9.2 billion in 2024 to USD 11.3 billion by 2029, at a CAGR of 4.2% during the forecast period. Well intervention is essential to maintain and optimize the productivity of oil and gas …
An offshore support vessel (OSV) is specially designed to support offshore exploration, drilling, production, and construction activities in the oil & gas industry. These vessels provide a range of services, such as transportation of personnel, equipment and supplies, maintenance and repair, and oil spill response. …
The global Artificial Lift Market growth is projected to be USD 9.0 billion by 2028, growing from USD 7.3 billion in 2023, at a CAGR of 4.4% during the forecast period. The need for the artificial lift method to optimize production and enhance the recovery rate from …
The global Digital Oilfield Market is expected to reach USD 43.0 billion by 2029 from USD 30.1 billion in 2023 at a CAGR of 6.3% during the forecast period according to a new report by MarketsandMarkets™. Digital oilfields play a crucial role in improving operational efficiency, reducing costs, …
The global Offshore Support Vessel Market size is projected to reach USD 31.4 billion by 2028 from USD 22.6 billion in 2023 at a CAGR of 6.7% according to a new report by MarketsandMarkets™. An offshore support vessel (OSV) is specially designed to support offshore exploration, …
New technological advancements in the oil & gas industry; increased return on investment in the oil & gas industry; and the growing need for maximizing production potential from mature wells in key geographical regions such as Asia Pacific, Europe, and North America are likely to …
The Global Submarine Power Cable market is projected to reach USD 22.3 billion by 2028 from an estimated USD 12.9 billion in 2023, at a CAGR of 11.5% during the forecast period. These cables are essential for connecting offshore power generation facilities, such as offshore …
The global Artificial Lift Market is projected to reach USD 9.0 billion in 2028 from USD 7.3 billion in 2023 at a CAGR of 4.4% according to a new report by MarketsandMarkets™. Artificial lift comprises techniques in the oil and gas sector to boost hydrocarbon …
The global Offshore Support Vessel Market is projected to reach USD 31.4 billion by 2028 from USD 22.6 billion in 2023 at a CAGR of 6.7% according to a new report by MarketsandMarkets™. An offshore support vessel (OSV) is specially designed to support offshore exploration, …
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 …
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 …
The global Offshore Pipeline Market is expected to grow from USD 14.8 billion in 2022 to USD 18.6 billion by 2027, at a CAGR of 4.7% according to a new report by MarketsandMarkets™. The Offshore Pipeline Market has promising growth potential due to the rising …