The global industrial services market is expected to be valued at USD 33.6 billion in 2020 and is expected to reach USD 44.1 billion by 2025, at a CAGR of 5.6% between 2020 and 2025. The growth of the industrial services market is attributed to the growing need for operational excellence, increasing demand for maintenance-as-a-service, and...
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...
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...
The Global Well Intervention Market is poised to grow at a CAGR of around XX% over the next decade to reach approximately $XX million by 2028. Some of the prominent trends that the market is witnessing include increasing investments in onshore oil & gas industry, growing primary energy consumption, and rapid urbanization...
Global Power Management System Market, By Type (Software, Hardware, Service), By Module (Power Monitoring & Control, Switching & Safety Management, Data Historian, Power Simulator, Generator Controls, Load Shedding & Management, Energy Cost Accounting, Others), By End-Use (Oil & Gas, Marine, Metal & Mining, Utilities, Data Centers...
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...
Global Automation Solutions Market In The Oil And Gas Industry 2021-2025 The analyst has been monitoring the automation solutions market in the oil and gas industry and it is poised to grow by $ 1.73 bn during 2021-2025 progressing at a CAGR of 3% during the forecast period. Our report on automation solutions market in...
Global Oil And Gas Pipeline And Transportation Automation Market 2021-2025 The analyst has been monitoring the oil and gas pipeline and transportation automation market and it is poised to grow by $ 742.43 mn during 2021-2025, progressing at a CAGR of 2% during the forecast period. Our report on oil and gas pipeline and...
This IDC Perspective focuses on the approach to asset assessment and asset digitization that companies can develop with the support of the right services company. Having domain-experienced and reliable technology partners is critical for moving into the future of operations through Industry 4.0."Asset-intensive companies face large-scale digitization...
In-depth Analysis and Data-driven Insights on the Impact of COVID-19 Included in this Global Industrial Motors Market Report The industrial motors market by revenue is expected to grow at a CAGR of over 8% during the period 2021–2026. The global industrial motors industry is expected to grow with the growth in industrial...