Navigating the Depths: The Offshore Support Vessel Industry

Offshore Support Vessel Market

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. …

Boost Oil & Gas Production: Trends in the Artificial Lift Market

Artificial Lift Market

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 …

Offshore Support Vessel (OSV) Market Size, Share, Growth Analysis, and Forecast 2028

Offshore Support Vessel (OSV) Market Size, and Share

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, …

Artificial Lift Market to Witness Healthy Growth During 2023-2028

Artificial Lift Market

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 …

Offshore Support Vessel Market to Witness Rapid Growth in Near Future

Offshore Support Vessel Market

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, …

Offshore Pipeline Market to Expand Rapidly by 2027

Offshore Pipeline Market

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 …

Offshore Support Vessel Market will Escalate Rapidly in Near Future

Offshore Support Vessel Market

The global Offshore Support Vessel Market is expected to grow from an estimated USD 22.0 billion in 2021 to USD 26.8 billion by 2026, at a CAGR of 4.0%, during the forecast period. The market growth is driven by robust investments in the offshore oil & gas …

Artificial Lift Market to Witness Healthy Growth by 2027

Artificial Lift Market

The global Artificial Lift Market is projected to grow from USD 6.9 billion in 2022 to USD 8.7 billion by 2027, at a CAGR of 4.8% according to a new report by MarketsandMarkets™. The market has promising growth potential due to the rising global oil …

Hydraulic Workover Unit Market Gain Impetus due to the Growing Demand over 2025

Hydraulic Workover Unit Market

The global Hydraulic Workover Unit Market size will grow to USD 11.0 billion by 2025 from USD 8.1 billion in 2020, at a CAGR of 6.3% during the forecast period. The rising number of mature fields in Europe and the Middle East, along with rising …

Pipeline Integrity Market to Witness Revolutionary Growth by 2024

Pipeline Integrity Market

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 …

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 …