The upstream oil and gas industry is increasingly focused on cutting costs and improving recovery rates through radical innovation and digital transformation. The Start-Up Tracker is a resource to help the upstream industry identify providers with specific solutions to industry challenges. The tracker provides a rich database of start-up...
The global drill collar market exhibited moderate growth during 2014-2019. Drill collars refer to thick-walled and heavy-duty industrial tubular components that are utilized with the drill string. They are a crucial part of the bottom hole assembly (BHA) used above the drill bit to put weight on it for drilling into...
Global Oil Field Bio-solvents Market 2021-2025 The analyst has been monitoring the oil field bio-solvents market and it is poised to grow by $ 14.27 mn during 2021-2025 progressing at a CAGR of 2% during the forecast period. Our report on oil field bio-solvents market provides a holistic analysis, market size and forecast,...
The global variable frequency drive market is projected to reach USD 24.3 billion by 2025 from an estimated USD 19.2 billion in 2020, at a CAGR of 4.8% during the forecast period. This growth can be attributed to factors such as growing regulations towards energy efficiency, upgradation & modernization of aging infrastructure for safe & secure...
Major companies in the oil and gas upstream activities market include Saudi Aramco; Rosneft; Kuwait Petroleum Corporation; ADNOC and Iraq Ministry of Oil. The global oil & gas upstream activities market is expected to grow from $2635.45 billion in 2020 to $3335.52 billion in 2021 at a compound annual growth rate (CAGR) of 26.6%. The...
Major companies in the oil and gas wells drilling services market include Schlumberger Ltd; Halliburton; Transocean Ltd; Weatherford International plc and Baker Hughes Incorporated. The global oil and gas wells drilling services market is expected to grow from $146.57 billion in 2020 to $183.9 billion in 2021 at a compound annual growth...
The global level transmitter market size is expected to grow from USD 3.1 billion in 2020 to USD 3.5 billion by 2025, at a CAGR of 2.6%. The growth of the market is attributed to high focus on industrial automation and optimum utilization of resources, increased regulatory emphasis on industrial safety, growing demand for level transmitters...
The industrial automation oil & gas market is projected to grow from USD 14.9 billion in 2020 to USD 18.7 billion by 2025; it is expected to grow at a CAGR of 4.7% from 2020 to 2025. The growth of the industrial automation oil & gas market is driven by IIoT adding value in the industrial automation and optimum and effective exploration of...
The AI in Oil and Gas market was valued at USD 2040.89 million in 2019 and expected to register a CAGR of 10.14% over the forecast period 2021 - 2026. As the cost of IoT sensors declines, more major oil and gas organizations are bound to start integrating these sensors into their upstream, midstream, and downstream operations along with AI-enabled...
The global cryogenic valves market is estimated to witness a healthy growth, at an estimated CAGR of over 4%, over the forecast period. The major factor driving the growth of the market studied is increasing demand for industrial gases. - Safety concerns regarding operation of liquefied gases are likely to hinder the markets growth. -...