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Tag: Oil and Gas

Digital Oilfield Market worth $32.0 Billion by 2026

Press Release
According to the new market research report "Digital Oilfield Market by Solution (Hardware, Software & Service, and Data Storage Solutions), Processes (Reservoir, Production, Drilling Optimizations, Safety Management), Application (Onshore and Offshore), and Region - Global Forecast to 2026", published by MarketsandMarkets™, 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%,. Read More>>

Offshore Decommissioning Market worth $8.0 Billion by 2027

Press Release
According to the new market research report "Offshore Decommissioning Market by Service (Well Plugging & Abandonment, Platform Removal, Conductor Removal) Depth (Shallow, Deepwater) Structure (Topsides, Substructure) Removal (Leave in Place, Partial, Complete), and Region - Global Forecast to 2027", published by MarketsandMarkets™, the Offshore Decommissioning Market size is expected to grow from an estimated USD 5.2 billion in 2021 to USD 8.0 billion by 2027, at a CAGR of 7.4%.. Read More>>

Digital Oilfield Market Growth Factors, Opportunities, Ongoing Trends and Key Players 2025

Press Release
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 in the digital oilfield, and increased need from oil & gas operators to scale up production from mature wells are the key factors driving the. Read More>>

Offshore Support Vessel Market to Reach $26.8 Billion by 2026

Press Release
According to the new market research report "Offshore Support Vessel Market by Type (AHTS, PSV, MPSV, Standby & Rescue Vessel, Crew Vessel, Chase Vessel, Seismic Vessel), Application (Shallow water and Deepwater), End-User (Oil & Gas and Offshore Wind), and Region - Global Forecast to 2026", published by MarketsandMarkets™, the global Offshore Support Vessel Market is expected to grow at a CAGR of 4.0%, from 2021 to 2026, to reach a. Read More>>

Power SCADA Market worth $2.5 Billion by 2026

Press Release
According to the new market research report "Power SCADA Market by Architecture (Hardware, Software, Services), Component (Remote Terminal Unit, Programmable Logic Controller, Human Machine Interface, Communication System Protection relays), End User and Region- Global Forecast to 2026", published by MarketsandMarkets™, the Power SCADA Market size will grow to USD 2.5 billion by 2026 (forecast year) from USD 1.7 billion in 2021 (estimated year), at a CAGR of 7.6% during the. Read More>>

High-Speed Engine Market to Grow at a Robust Pace through 2026 With Key Players Caterpillar, Cummins, Volvo Penta, and MAN SE.

Press Release
The global High-Speed Engine Market is projected to reach USD 27.1 billion by 2026 from an estimated USD 21.1 billion in 2021, at a CAGR of 5.1% from 2021 to 2026. Rising demand for reliable and uninterrupted power, growth in international marine freight transport, and growth in maritime tourism are the major drivers of the High-Speed Engine Markets. Increased demand for backup power solutions are expected to be the major. Read More>>

Pipeline & Process Services Market worth $4.0 Billion by 2025

Press Release
According to the new market research report "Pipeline & Process Services Market by Asset Type (Pipeline: T&D; Process: FPS, Refinery & Petrochemical, Gas Storage & Processing), Operation (Pre-commissioning & Commissioning, Maintenance, Decommissioning), Region - Global Forecast to 2025", published by MarketsandMarkets™, the Pipeline & Process Services Market size will grow to USD 4.0 billion by 2025 (forecast year) from USD 3.1 billion in 2020 (estimated year), at a CAGR of. Read More>>

Vacuum Interrupter Market worth $3.1 Billion by 2025

Press Release
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 Interrupter Market is projected to reach USD 3.1 billion by 2025 from an estimated USD 2.4 billion in 2020, at a CAGR of 5.1 %. Read More>>

Hydraulic Workover Unit Market worth $11.0 Billion by 2025

Press Release
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 Hydraulic Workover Unit Market size will grow to  USD 11.0 billion by 2025 (forecasted year) from USD 8.1 billion in 2020 (estimated year), at a. Read More>>

Oilfield Integrity Management Market worth $18.8 Billion by 2025

Press Release
According to the new market research report "Oilfield Integrity Management Market by Management Type (Planning, Predictive Maintenance & Inspection, Corrosion Management, Data Management, and Monitoring System), Component (Hardware, Software, Services), Application, & Region - Global Forecast to 2025", published by MarketsandMarkets™, 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%,. Read More>>

Digital Oilfield Market worth $28.5 Billion by 2025

Press Release
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 expected to grow from an estimated USD 20.2 billion in 2020 to USD 28.5 billion by 2025, at a CAGR of 7.1%, during the forecast. Read More>>

Pressure Vessel Market Worth $53.3 Billion by 2025

Press Release
According to the new market research "Pressure Vessel Market by Type (Boiler, Reactor and Separator) Material (Steel Alloys and Composites) Heat Source (Fired and Unfired), End User (Power, Chemicals & Petrochemicals, Oil & Gas and Fertilizers) and Region-Global Forecast to 2025", published by MarketsandMarkets™,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.. Read More>>

Digital Oilfield Market – Empowering Technical Innovations in the Oil & Gas Industry

Press Release
The global Digital Oilfield Market is expected to grow from an estimated USD 24.1 billion in 2019 to USD 30.4 billion by 2024, at a CAGR of 4.77%, during 2019 to 2024. The market is set to witness growth due to the increasing focus on optimization through digitization mostly in mature fields. The digital oilfield market is driven by major factors such as the new technological advancements, increased Return on. Read More>>

Gas Engines Market Revenue to hit $5.3 Billion by 2024

Press Release
According to the new market research report "Gas Engines Market by Fuel Type (Natural Gas, Special Gas) Application (Power Generation, Cogeneration, Mechanical Drive) End-User (Utilities, Manufacturing, Oil & Gas) Power Output (0.5–1MW, 1–2MW, 2–5MW, 5–10 MW, 10–20MW), Region – Global Forecast to 2024" published by MarketsandMarkets™, the global Gas Engines Market size is expected to grow from an estimated USD 4.0 billion in 2019 to USD 5.3 billion by 2024, at a CAGR of 5.7%, during the. Read More>>

Industrial Filtration Market worth $41.1 Billion by 2025

Press Release
According to the recent report "Industrial Filtration Market by Type (Air and Liquid), Filter Media, Product, Industry (Manufacturing, Oil & Gas, Power Generation, Pharmaceutical, Metal & Mining, Process Industry), and Region - Global Forecast to 2025", The global Industrial Filtration Market size is expected to grow from an estimated value of USD 29.5 billion in 2020 to USD 41.1 billion by 2025, at a CAGR of 6.9% from 2020 to. Read More>>

Offshore Support Vessel Market to exceed $25.7 Billion by 2023

Press Release
The global offshore support vessel market is projected to grow at a CAGR of 5.04% from 2018 to 2023. The market in Asia Pacific is estimated to be the largest market for offshore support vessels, followed by Europe and North America in 2018. This trend is expected to continue until 2023. Also, the North American market is projected to be the fastest-growing market during the forecast period. The growth of. Read More>>

Artificial Lift Market Worth $10.3 Billion by 2025

Press Release
According to the new market research report "Artificial Lift Market by Type(ESP, PCP, Rod Lift, Gas Lift, and Others); Mechanism(Pump Assisted (Positive Displacement, Dynamic Displacement), Gas Assisted); Well Type(Horizontal, Vertical); Application(Onshore, Offshore); Region - Global Forecast to 2025" The 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. Read More>>

Reservoir Analysis Market Analysis 2022: Opportunities and Challenges

Press Release
The global Reservoir Analysis Market is estimated to be USD 7.32 billion in 2017, and is expected to grow at a CAGR of 4.11%, from 2017 to 2022 as per MarketsandMarkets.    Why exploring unconventional reservoir continues to offer more opportunities? Reservoir analysis of unconventional plays is based on same principles and workflows as in conventional plays, but requires additional specialized knowledge. The flow regime, fluid properties, and petro physics. Read More>>

Gas Engines Market projected to reach $5.3 Billion growing at CAGR 5.7% to 2024

Press Release
According to the new market research report “Gas Engines Market by Fuel Type (Natural Gas, Special Gas) Application (Power Generation, Cogeneration, Mechanical Drive) End-User (Utilities, Manufacturing, Oil & Gas) Power Output (0.5–1MW, 1–2MW, 2–5MW, 5–10 MW, 10–20MW), Region – Global Forecast to 2024” published by MarketsandMarkets™, the global Gas Engines Market size is expected to grow from an estimated USD 4.0 billion in 2019 to USD 5.3 billion by 2024,. Read More>>

Directional Drilling Services Market Value to reach $10.30 Billion by 2021

Press Release
The Directional Drilling Services Market is expected to grow from an estimated USD 8.33 Billion in 2016 to USD 10.30 Billion by 2021, at a CAGR of 4.34% from 2016 to 2021. Increasing demand for energy due to urbanization & industrialization, ongoing shale gas revolution and new oilfield discoveries are the major factors driving the market for directional drilling across the globe.   Directional drilling is the practice of controlling. Read More>>

Oil and Gas Chemicals Market Release involving Baker Hughes, Akzo Nobel NV, Elementis Plc and other Global Key Players by WMR

Press Release
Oil and Gas Chemicals Market Release involving Baker Hughes, Akzo Nobel NV, Elementis Plc and other Global Key Players by WMRThe global market size of Oil and Gas Chemicals is $XX million in 2018 with XX CAGR from 2014 to 2018, and it is expected to reach $XX million by the end of 2024 with a CAGR of XX% from 2019 to 2024.Global Oil and Gas Chemicals Market Report 2019. Read More>>

Pipeline Integrity Market Revenue to Hit $2.1 billion by 2024

Press Release
According to the new market research report "Pipeline Integrity Market by Service (Testing, Inspection [Ultrasonic, Magnetic Flux, Caliper], Monitoring, Software), Application (Onshore, Offshore), Product (Oil, Gas, Refined Product), and Region: Global Forecast to 2024", published by MarketsandMarkets™, 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. Read More>>

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