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...
Oman 2021 - Trends and Opportunities for Business in the Sultanate of Oman - MEED Insights Summary Over the past few years, there has been a significant escalation in project activity in Oman with several notable megaprojects completed such as the Duqm refinery, the new Muscat international airport,...
The tunable diode laser analyzer market size is expected to grow from USD 400 million in 2020 to USD 569 million by 2025, at a CAGR of 7.3% during the forecast period. The growth of the TDLA market is driven by factors, such as the increasing industrialization and growth & up-gradation of new power plants, increasing demand for boilers and...
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. -...
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...
China’s demand for Oil and Gas Energy has grown at a fast pace in the past decade. In the next decade, both production and demand will continue to grow. The Chinese economy maintains a high speed growth which has been stimulated by the consecutive increases of industrial output, import & export, consumer consumption...
Marcellus and Utica Shales in the United States of America (USA) - Gas Shale Market Analysis and Outlook to 2021 Summary The Appalachia Basin which is made up of the Marcellus formations and the Utica Shale, accounted for more than 40% of the natural gas produced in the United States in 2020.Most...
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...
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,...