The zero liquid discharge systems market was valued at over USD 5,900 million in 2021, and it is expected to register a CAGR of greater than 8% during the forecast period (2022-2027). The COVID-19 pandemic had a negligible impact on the market. However, the market has been estimated to grow at a steady pace during the forecast period. One...
The global well testing services market is expected to grow at a CAGR of 6.4%, from 2021 to 2026. It is estimated to be USD 6.4 billion in 2021 and is projected to reach USD 8.8 billion by 2026. The factors driving the growth for well testing services are the rising global oil demand and the exploration and adoption off unconventional oil...
The silent generator market is projected to reach USD 4.1 billion by 2027 from an estimated of USD 3.0 billion in 2022, in order to meet the increasing demand from power sector. Some of the major driving factors for the market include the increase in backup power market worldwide due to the increased power outages and blackouts. However, factors...
The offshore AUV and ROV market is expected to register a CAGR of 7.11% during the forecast period of 2022–2027, reaching the value of USD 3,262 million by 2027 from USD 2,005 million in 2020. The COVID-19 outbreak in Q1 of 2020, had led to decline in demand from end-user applications and further delayed financial investment decisions 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 variable frequency drive market is anticipated to grow from an estimated USD 21.2 billion in 2022 to USD 26.8 billion in 2027, at a CAGR of 4.8% during the forecast period. The advantages associated with the use of variable frequency drives include reduced energy consumption and costs, increased energy efficiency, extended equipment life,...
The energy industry experienced difficult market conditions in 2020, given falling crude oil prices and lockdown-induced disruptions in refined petroleum consumption. The year also saw an increased focus on developing the industry’s sustainability goals. With vaccine roll-outs and the easing of mobility restrictions, the industry is starting...
China’s demand for 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 and...
The global asset integrity management market size is projected to grow from USD 20.3 billion in 2021 to USD 25.7 billion by 2026 at a CAGR of 4.9% from 2021–2026. The major factors driving the market growth include the growing demand for asset integrity management in new offshore fields in deep waters, declining efficiencies of aging assets,...
Mexico Power Market Outlook to 2030, Update 2021 - Market Trends, Regulations, and Competitive Landscape Summary This report discusses the power market structure of Mexico and provides historical and forecast numbers for capacity, generation, and consumption up to 2030.Detailed analysis of the country’s...