Category: Oil & Gas

Big Data Market in the Oil and Gas Sector Market Trends Global Industry Analysis, Top Manufacturers, Share, Growth, Statistics, Opportunities & Forecast to 2022 adds a new Big Data Market in the Oil and Gas Sector Market Research Report for the period of 2018-2022 that shows the growth of the market is rising at a 13% CAGR to 2022. Global Big Data Market in the Oil and Gas Sector 2018-2022 to grow at a CAGR of close to 13% during the period

Aeroderivative Gas Turbine Market size was valued over USD 2 billion in 2015 and is predicted to exceed 21 GW by 2024

The growth trajectory of aeroderivative gas turbine market is being directly influenced by the growing consumer reliance on unconventional energy sources. A noticeable global trend of substituting coal-fired power plants with sustainable energy based gas turbine plants especially across developed countries including U.K, Germany, and U.S is expected to push the market outlook. Aeroderivative gas

Global Enhanced Oil Recovery Market size for 2016 was valued over USD 39 billion and the annual capacity is set to exceed 5 billion barrels by 2024

It has been anticipated that during the forecast period the import of crude oil will experience exponential growth across non-producing regions which will further enhance the business size. In 2016, Canadian government launched an online map of Clean Energy Resources and Projects (CERP) which stated the Weyburn-Midale project to be the largest CO2 flooding enhanced

Industrial Gas Turbine Market size was valued over USD 10 billion in 2015 and is predicted to grow over 6% by 2024

Owing to the broad expanse of application arenas, power electronics market, one of the most pivotal verticals of the electronics and media sphere has been estimated to garner substantial returns in the ensuing seven years. The extensive popularity of this business space can be attributed to its massive deployment across the automotive, industrial, consumer electronics,

Geothermal Heat Pump Market size for 2016 was valued over USD 80 billion and is set to exceed 110 GWt by 2024

Growing demand for energy efficient space heating systems from cold climatic regions, especially in North America and Europe, will drive the geothermal heat pump market size. In the U.S., GHP installation in the Southern states accounted for 35%, the North East was 20%, Midwest at 34% and Western region stood at 11%. Introduction of various

In Line Process Viscometer (ILPV) Market size is calculated to grow from over USD 133 million in 2015, with gains projected at 6.5% CAGR up to 2023

APAC, with India and China industrial sector growth, was the dominant regional industry and accounted for over 30.2% of the revenue share in 2015. Indian and Chinese governments have framed favorable FDI policies intended to enhance petroleum and petrochemical production in the country. The policies may facilitate new investments in the refining sector thereby driving

Artificial Lift Systems Market is projected to grow at a CAGR of 8.9% over the forecast timeline

Rising demand for energy across the globe is expected to propel global artificial lift systems market growth over the forecast timeframe. Rapid industrialization as well as infrastructure development in emerging economies such as India and China is expected to fuel energy demand. Factors such as growing population and improved standard of living will also favorably

Middle East cable market is projected to exceed USD 11.5 billion by 2023

Increasing number of construction projects and rising power requirement will fuel Middle East Cable Market. The need to address the large requirement for electricity across the globe has resulted in an increased number of power generation projects. Favorable government initiatives, investments in smart city development in the Middle East, rapid urbanization, tourism, and infrastructural development

Middle East Distribution Panel Market size was valued at USD 1.25 billion in 2015, and is expected to grow at 5.3% CAGR from 2016 to 2023

Onset of new technologies in the power sector along with evolving electricity demand will catalyze Middle East Distribution Panel Market growth. The rising preference for smart panels, which use displays, modbus interfaces, and ethernet for transmitting information, will augment the industry growth over the coming years. Emerging sectors such as telecommunications, energy, and server sectors

Geothermal Energy Market size for 2016 was valued over USD 34 billion and is set to exceed 23 GW by 2024

Increasing energy demand from heating & cooling systems including ground source heat pump and district heating will positively drive the geothermal energy market. Favorable legislations to reduce GHG emissions will further stimulate demand. The EU has introduced several action plans and framework including Paris Climate agreement and 2030 climate and energy framework with an aim