Perforating Gun Market to Show Strong Growth in Near Future

Perforating Gun Market

The global perforating gun market is projected to reach USD 1.4 billion by 2027 from an estimated market size of USD 1.1 billion in 2022, at a CAGR of 5.6% during the forecast period. The factors driving the growth for Perforating Gun Market are rising …

Artificial Lift Market to Show Strong Growth in Near Future

Artificial Lift Market

The global Artificial Lift Market is expected to grow from an estimated USD 8.0 billion in 2020 to USD 10.3 billion by 2025, at a CAGR of 5.0% during the forecast period. Increasing efforts by upstream companies to enhance the production from the mature fields …

Well Intervention Market Development Opportunities Accelerate in 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 …

Enhanced Oil Recovery Market Will Hit Big Revenues In Future

Enhanced Oil Recovery Market

New Revenue Pockets: The global enhanced oil recovery market size is projected to reach USD 43.3 billion by 2025 from an estimated USD 59.4 billion in 2020, at a CAGR of 6.5% during the forecast period. Increased production from mature fields and the upsurge in …

Digital Oilfield Market to Show Strong Growth in Near Future

Digital Oilfield Market

The global digital oilfield market size is expected to grow from an estimated USD 24.3 billion in 2021 to USD 32.0 billion by 2026, at a CAGR of 5.6%, during the forecast period. The key drivers for the digital oilfield market include new technological advancements …

Oilfield Integrity Management Market: Increasing Focus on Remote Monitoring of Oilfields

Oilfield Integrity Management Market

The global 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 …

Hydraulic Fracturing Market Size to Surge $50.2 Billion by 2026

Hydraulic Fracturing Market

New Revenue Pockets: The global hydraulic fracturing market is projected to reach USD 50.2 billion by 2026 from an estimated USD 34.8 billion in 2021, at a CAGR of 7.6% during the forecast period. The global hydraulic fracturing market is driven by the maturing conventional …

Perforating Gun Market: Increasing Global Oil Demand to Fuel the Market Growth

Perforating Gun Market

According to the new market research report “Perforating Gun Market by Gun Type (Through Tubing Hollow Carrier & Exposed, Wireline Conveyed Casing, TCP), Well Type (Horizontal, Vertical), Application (Onshore, Offshore), Pressure, Depth, Type, Orientation, Explosives, Region – Global Forecast to 2027″, published by MarketsandMarkets™, the …

Well Testing Services Market to Witness Strong Growth by 2026

Well Testing Services Market

According to the new market research report “Well Testing Services Market by Services (Downhole Well Testing, Surface Well Testing, Reservoir Sampling, Real Time Well Testing, Hydraulic Fracturing Method Testing) by Application (Onshore, Offshore), by Well Type (Horizontal Wells, Vertical Wells), by Stages (Exploration, Appraisal, Development, …

Thermoplastic Pipe Market by Key Segments, Growth Size, Emerging Trends and Forecast to 2026

Thermoplastic Pipe Market

Thermoplastic Pipe Market New Revenue Pockets: The global thermoplastic pipe market is projected to reach USD 3.3 billion by 2026 from an estimated USD 2.7 billion in 2021, at a CAGR of 4.5% during the forecast period. The global thermoplastic pipe market is driven by …

North America and Europe Continue To Dominate Global Well Intervention Market

Well Intervention Market

Global Well Intervention Market Overview The Well Intervention Market worth $9.3 billion by 202The well intervention market size will grow to USD 9.3 billion by 2026 from USD 7.6 billion in 2021, at a CAGR of 4.2% during the forecast period. The rising number of …

How is Drilling and Completion Fluids Industry Changing the Future of Business?

Drilling and Completion Fluids Market

Global Drilling and Completion Fluids Market Overview MarketsandMarkets forecasts the Drilling and Completion Fluids Market to grow from USD 9.6 billion in 2018 to USD 12.8 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 5.8% during the forecast period. The major factors …

Robotic Drilling Market to Observe Significant Growth by 2023

Well Intervention Market

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 …

Perforating Gun: Increasing Investments in Global Oil and Gas Industry to Fuel the Market Growth

Perforating Gun Market

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 …