Digital Oilfield Market: Key Trends and Opportunities

Digital Oilfield Market

The global Digital Oilfield Market size is projected to reach USD 28.5 billion by 2025 from an estimated value of USD 20.2 billion in 2020, at a CAGR of 7.1% from 2020 to 2025. New technological advancements in the digital oilfield, increased return on investment …

Bright future for Blockchain in Energy Market | CAGR 78.32%

Blockchain in Energy Market

The global blockchain in energy market is expected to reach USD 7,110.1 Million by 2023 from an estimated USD 394.3 Million in 2018, at a CAGR of 78.32% from 2018 to 2023. The blockchain in energy market growth can be attributed to the Increasing popularity …

Artificial Lift Market to See Enormous Growth and Opportunities in Future

Artificial Lift Market

The global Artificial Lift Market is projected to reach USD 10.3 billion by 2025 from an estimated USD 8.0 billion in 2020, at a CAGR of 5.0% during the forecast period. Stabilized oil prices have revitalized the exploration & production expenditures globally. This has led …

Progressing Cavity Pump Market to Grow $5.9 billion by 2026

According to the new market research report, the global progressing cavity pump market size is projected to reach USD 5.9 billion by 2026, at a CAGR of 6.0%, from an estimated USD 4.4 billion in 2021.  The key drivers for the progressing cavity pump market …

High-Speed Engine Market to Witness Massive Growth Ahead | Caterpillar, Cummins, Rolls Royce Holdings, Volvo Penta, and MAN SE

High-Speed Engine Market

According to the new market research report “High-Speed Engine Market by Speed (1000-1500 rpm, 1500-1800 rpm, and Above 1800 rpm), Power Output (0.5-1 MW, 1-2 MW, 2-4 MW, and Above 4 MW), End User (Power Generation, Marine, Railway, Mining and Oil & Gas, and Others), …

Vacuum Interrupter Market 2020 Will Grow at Significant CAGR of 5.1% by 2025

Vacuum Interrupter Market

According to the new market research report “Vacuum Interrupter Market By Application (Circuit Breaker, Contactor, Recloser, Load Break Switch, & Tap Changer), End User (Oil & Gas, Mining, Utilities & Transportation), Rated Voltage And Region – Global Forecast To 2025″, published by MarketsandMarkets™, the Vacuum …

Hydraulic Workover Unit Market: Enhanced Oil and Gas Production & Increased Offshore Exploration Activities

Hydraulic Workover Unit Market

According to the new market research report “Hydraulic Workover Unit Market by Service (Workover & Snubbing), Installation (Skid Mounted & Trailer Mounted), Capacity (0–50 Tonnes, 51–150 Tonnes, and Above 150 Tonnes), Application (Onshore, Offshore), and Region – Global Forecast to 2025″, published by MarketsandMarkets™, the …

Oilfield Integrity Management Market: Current Trends and Future Opportunities

Oilfield Integrity Management Market

The Oilfield Integrity Management Market size is expected to grow from an estimated USD 12.8 billion in 2020 to USD 18.8 billion by 2025, at a CAGR of 8.1%, during the forecast period. Increasing focus on remote monitoring of oilfields for process optimization and automation …

Digital Oilfield Market a Revolutionary Trend in Oil and Gas Industry

Digital Oilfield Market

According to the new market research report “Digital Oilfield Market by Solutions (Hardware, Software & Service, and Data Storage Solutions), Processes (Reservoir, Production, and Drilling Optimizations), Application (Onshore and Offshore), and Region – Global Forecast to 2025″,published by MarketsandMarkets™, the Digital Oilfield Market size is …

Offshore Pipeline Market to Grow at a Robust Pace through 2018-2023

The global offshore pipeline market is expected to grow from USD 11.5 million in 2018 to USD 15.8 billion by 2023, at a CAGR of 6.54% during the forecast period. The major factors driving the offshore pipeline market include increasing demand for crude oil and …

Artificial Lift Market to Witness Huge Growth Opportunity between 2020-2025

Artificial Lift Market

The global Artificial Lift Market is projected to reach USD 10.3 billion by 2025 from an estimated USD 8.0 billion in 2020, at a CAGR of 5.0% during the forecast period. Continuous shale development and the growing investments in the upstream oil and gas sector …

Pipeline & Process Services Market to Witness a Sustainable Growth by 2024

Pipeline & Process Services Market

The global pipeline & process services market is projected to reach USD 4.0 billion by 2024 from an estimated USD 3.3 billion in 2019, at a CAGR of 4.3% during the forecast period. Increase in demand for safe, economical, and reliable connectivity; and high investments …

Pressure Vessel Market to Register Substantial Growth by 2025

The global Pressure Vessel Market size is projected to reach USD 53.3 billion by 2025 from an estimated USD 42.7 billion in 2020, at a CAGR of 4.5% during the forecast period. Increasing construction of refinery & chemical plants and the adoption of supercritical and …

Offshore ROV Market Evolving Technology, Trends and Industry Analysis 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 …